it wasn't any sort of special samsung stuff.id you see anything that was ridiculous over at the samsung booth? >> the connected dishwasher is one thing i find. -- find interesting. i wouldn't call it ridiculous but i do wonder about the utility of connecting some of these devices. i'm not sure that my refrigerator -- my fridge could be good. i haven't seen anything that ridiculous. everybody is doing curved screens and they are beautiful but i'm not sure it is an enhanced experience that will drive huge demand over the next several years. a lot of these panel companies are making a bet that that is the next big thing. the oculus rift and samsung's version of it, it sounds ridiculous until you actually use it. when you try this, it's really amazing how good it is. it is a truly immersive experience. obviously facebook feels the same way. >> i did try that in new york and it is pretty crazy. they have a thing that was meant to look like a mongolian -- i put the oculus rift on. i looked at the people in front of me, one was making

all samsung products will be i.t. devices. that includes all of our televisions. >> so this is question. has samsung found a new multibillion focus for all of its businesses? i spoke with brian blair. >> it is a very profitable business. the volumes are substantial from just apple alone. i think a year ago it was 70-plus percent of their business. i think what they have to do is find some new areas of growth. you mentioned earlier the internet of growth. their booth is about 50 yards behind me, and the internet of things connected appliances is a huge trend for them. in addition to foundary and the internet of things, i think samsung is looking for new areas of growth. they think it's the internet of things, but it would be nice if the foundary business could grow for them as well. >> what do you think a chip costs? an iphone a-6 or a-7 chip, whatever the new one is. what do they get for the internet of things chip? $85 for an iphone and then a couple of dollars? >> you know what? i think about it more like $25-$30 fo

i saw it a few months ago from samsung. it was really just the same device that was made by samsung nothing really changed. have you seen anything ridiculous over at the samsung booth? >> the connected dishwasher is one thing i find interesting. i wonder about utility of connecting some of these devices. it make sense with lights. maybe my refrigerator could be good, but i do not see anything really ridiculous. everyone is doing curved screens. they are beautiful but i'm not sure it's ending -- an enhanced experience that will drive demand. a lot of these panel companies are betting that that is the next thing. nothing ridiculous. the oculus rift sounds ridiculous until you use it. it is really amazing how good it is. it is a truly immersive experience. i think that could end up to be huge. facebook feels the same way. >> i did try it in new york and it was pretty crazy. they had something that was meant to look like a mongolian yurt. i look at all the people sitting in front of me people were making food inside people play

this was a joint effort by the samsung life insurance and samsung ad agency. yes, that samsung.s know for cell phones and current screen tvs. >> these are some of samsung's quarter million employees. which accounts for nearly 20% of the country's output. >> after months of negotiation, we were invited into the samsung electronics headquarters. it is called digital city. it is a technology version of willie wonka's chocolate factory, where new devices are developed and show cased. after the negotiations we were moved into the samsung innovation system. our guide showed us the frig of the future. imagine a world where everything inside has sensors. remember that samsung insurance company and that samsung hospital, they might want to know if you are putting a lot of ice cream in the frig. if you eat a lot of lettuce maybe your insurance premiums should be lower. >> a person in korea every day can go through their lives using only samsung products. when you wake up in the morning, the food that you eat can be made by a off-shoot company of samsung. when they go to work they can driv

his samsung serious? >> i think samsung is serious.hat i heard last night is that they are rising a sizable check to get into a state. what i heard over and over and also from job own in that -- ja wbone in that is we will be an open platform. we want to connect everyone together. i think it is a shot at apple and a shot someone at android. it is their way, when you don't have a massive base to try to bring people to the party as quickly as possible. >> if samsung shooting android, is samsung shooting themselves in the foot? >> i think what they are trying to do is basically say if any work breaks out between nest products on apple products in the future, that is fine. we will connect everybody and everyone is welcome in our play on the ioc. it is not necessarily a shot at your phone business. they want to continue to be investing in the phone business with android. they do not want to go on a proprietary direction. it is not dissimilar to what microsoft is trying to do with their wearables. they want to support all platforms because t

but the new iphone 6 plus has taken the fight out of samsung and their -- a bite out of samsung and there is a real battle there now. >> i give samsung credit for coming out with the category. it took apple three years. >> and they made fun of it saying your hand is only so big. >> apple delayed, partly because of you jobs. samsung has benefited from being part of the android platform which is a very popular platform in china. >> tell us what that is. >> it is the os platform the google popularized. >> android. sorry, sorry. >> but that advantage is going away. in the end, apple has now come out ahead. >> great of these companies to sell the same number of units, but when you look at profits, it is not even close. apple regrouping so much profit from this sector that the comparisons aren't even close. >> what we have tended to see in the last couple of years is that samsung has led on the volume while apple has led on value. but now we are starting to close the gap on samsung on volume as well. it is an impressive performance. apple can really thank the mobile operators for the ability to

this because of news out of reuters samsung and blackberry about samsung acquiring blackberry for a price3.35 to 15.49. the stock jumping 30% to $12.56. david asman joins me. blackberry has five billion dollar market cap. david: interesting somebody said before i came on will this be a take over or a take under. some questions whether samsung knows what it is hooking up to. this is good for blackberry. difficult to get a price fix on samsung because it is tied into a lot of other foreign stocks. clearly the news is big for blackberry. the bigger news we're down 200. compared to 330 down, 220 down is not that bad or 203 but again a significant selloff. liz: let's get to nicole petallides, you ran over to the post to see what is going on with blackberry a waterloo, canada company. >> the stock was higher for the day. dow is down up to 330 points led lower by financials and many others. [closing bell ringing] david: oracle is the big story. that turn around was significant today, liz. liz: here come the bells on wall street. again losses but off the lows of the session as we see how the dow

samsung was the clear leader. with those big screens coming out they have taken the fight right back to samsung. there is a real battle in the tablet section now. >> hans tung, do you think this is a one quarter phenomenon of a wildly successful device coming from apple but that might slide off after being out for a while? >> i give them credit with coming out for a fabless category. >> they made fun of it. >> exactly. apple delayed. apple has come back. samsung benefits from being a part of the android platform. there are tons of apps built for android in china and samsung benefits from that. the advantage is going away. by year end apple has come ahead. >> neill, great on these companies to sell sort of the same number of units. but when you look at profits it is not even close. apple reaping so many profits from the sector. >> samsung is really led on volume whereas is apple's lead on value. now we are seeing apple to start closing the gap on samsung in volume as well. it is an impressive performance. apple can

what i think what the core here is and what is missing from samsung from -- samsung's messages -- theustomer cannot be the integrator. the customer cannot figure out all of these things in their life. that is where apple and google or android with nest will go and say, we will solve the hard backend technology. you do not have to learn about five gigahertz wi-fi. you can have it work. samsung may be rushing to a world where they think it will all work together seamlessly and the customer loses in that experience. that is the problem here. samsung is getting out over their skis a little bit. nest's acquisition of drop cam -- this is a halt for all of these low energy blue turf devices. -- bluetooth devices. >> that is a perfect example. nest is out there as a point solution. the come together, and now what happens. when you look at a company like smart things, it is an interesting. it is an interesting company but it requires you to figure out a lot of stuff. how do we integrate with my keys, my lights. does it all work together seamlessly. these are the challenges that will land in th

>> the samsung customer aligns samsung with android. blackberry has a growth problem. their base as fast as they need to. the magic here is taking android running it through the blackberry network, of which they have their own network to secure e-mail messages. and provide a differentiated more secure experience on android. that is the partnership they announced. this would take it to the next stage and give samsung a footprint in the enterprise. it might look like edward, but it would be more secure than android. >> today is the day that samsung has finally shipped the phone with an operating system that is not android that they created in-house. it is a game they were playing with google. we do not need you as much as you need us. they are hedging their bets. they have other options. >> if you look at the margins that samsung is earning on its handsets, they have to find a way to recover more of the value chain. cory johnson on bloomberg west editor at large. thank you. >> when we returned, a man back with a another fashion site. more about that and more. stay with u

samsung says the reports are groundless.lackberry says we are not engaged in discussions with samsung. to be fair they did not specify if they received a proposal. but they do seem to be saying we are not negotiating right now. more interestingly, we talk to a person close to blackberry saying, hey, we get approached all the time. many people have been reading up lacked very. -- blackberry. >> apparently i should not pay any attention to it. the deal is not going to happen. everybody looks at the chart and ask themselves, with the steal make sense? -- would this dela make sense? >> i think you could be a win-win for both. and many people started to put the reports and some of the news out of late together and thought it was a very valid story because recently we actually saw samsung and black area team up together. they had a partnership. it is all to do with using blackberry's security and using their server. samsung had got in with their no x system, some business apps. they were wanted to build up their enterprise value.

following the denials by blackberry and samsung.y fell nearly 1% today in south korea and is up 14% in germany this morning. back over to you. >> thank you very much for that. now to our top story, the swiss frank soreared in the last hour rising against the euro having paired some of its earlier gains. so it was up even more against the euro and the u.s. dollar has also fallen against the swiss franc. the move marks a dramatic reversal for strategy for the snb which had the cap in place for three years to keep the currency's strength in check. they also surprised the market by cutting it's deposit rate. for more reaction we're joined by jane foley. some of the words used to describe this move have been dumbfounded, surprised, shocked. if they were deciding to abandon their three year standing currency flaw against the euro surely they would have done it in a more managed fashion. the moves in the markets highlight the surprise with this decision. >> you might think so. if they hinted at doing it then the market would have just push

he's doing that by going after a partnership like we saw with samsung a couple months ago, allowing samsungblackberry's system, which lets companies manage different devices, what data goes to what person, what kind of devices are able to access the data. he's really pushing the nontypical blackberry products not necessarily the hardware. he's pushing more into the software and services. >> interesting stuff and for fixing the inventory issues. on the conference call, there seemed to be consistent questions from investors about what are you doing about inventory. all the cheap phones, what are you going to do. >> the only phones he has really introduced are the passport and classic, which are really geared towards the business customers high security, high usability, you have that keyboard in there. he's trying to clear out the old stuff, bring in the new. you did see the interesting thing at sony when they got hacked. you saw their employees digging up their old blackberries. they were the most secure and they trusted them to keep their information safe. if there is an inventory issue ther

samsung's flagship phone, we expect to be the galaxy s6. and when apple gains share they are displacing somebody that used to pay qualcomm more money. apple makes their own. qualcomm arguing on the call that volume in the u.s., because the upgrade cycle sell increasing, will help them. and lower priced devices in emerging markets is causing elasticity of demand effect and think those customers will trade up. they told me apple's gains hurt a bit more than the loss of the one samsung design. their relationship overall with samsung continues to be good. they think the low price phone will bottom out eventually and don't see an overall shift in the marketplace where they are losing share. they think they continue to have a good position. in the second half they will introduce a new high end chip, the follow up to the snapdragon 810. they expect that to be a game-changer. that is the story they are telling us today. >> what do you mean by apple's gains were more than samsung's loss? >> they don't expect to be in a one phone from samsung. that h

but boy, you know things have changed a bit for samsung, haven't they?they certainly lost some of that momentum. i'm convinced that somewhere in the south korean headquarters of samsung, there's a lot of executives throwing spaghetti against as many walls as they can, to see what will stick this year. unfortunately, all that seems to be falling off the wall and on to the floor. so they're really scrambling around at the moment to see how they can keep the momentum they enjoyed the past couple of years and keep that going. because what we mentioned in the intro there, the cheaper chinese rivals are really making very very good finds for less money, and apple at the premium end is making expensive finds with much bigger margins on those devices as well. so samsung suddenly found itself in the middle without any real purpose. >> it's interesting, because it makes you wonder -- certainly begs the question how does samsung compete with the cheaper chinese rivals. but i'm also wondering, we just heard from the vice president about the internet of things. i mea

samsung has said this is groundless. this is ours. they said we are not engaged with samsung.d not specify if they received a proposal. many can still read the tea leaves. this is basically something that many are going to be eyeing as to whether it would make sense. this is an area of -- it would work for both of you think about it. samsung has not made that much of a foray, it is trying to make its foray into the electronic space. they formed a partnership months ago about harnessing blackberry's expertise when it comes to security. they have a server that samsung's apps work upon. they are tied up in the enterprise space. they want to seal the deal because this is what is so lucrative. this is what many people would i am from blackberry. the fact that the german government wants to use the blackberry because of security and business people like the keyboard. the patents and expertise that blackberry has makes it a juicy asset to have especially on the end of that sony hack. >> revenue growth has ground to a halt for the first time in a number of years. >> let's go from phon

. >> next up not so fast for samsung and blackberry.a story, blackberry shares soared after reuters reported samsung was in talks to buy the company for $7.5 billion. both companies quick to shoot the report down. blackberry denied the talks. samsung called the report groundless, sending shares of blackberry to the yawn side but not as much as they were before the whole news broke, john. >> yeah. >> what did you make of this? >> here's what i make of it. >> when you look at a potential acquisition of blackberry it would be more complicated than even your typical $7 billion plus acquisition because of who blackberry's clients are, governments, who would want to weigh in on that and because who the potential acquirers would be. there was buzz maybe lenovo was interested and canada made it clear that probably wouldn't go. not clear that samsung would be that much better. probably a u.s. acquirer would be a little bit easier, like an ibm, but there aren't that many tech companies at scale who need the assets that blackberries has. you've go

if you look at the operating system for samsung or tvs, samsung is way behind. its operating system is way behind and i don't think it will be smart enough to catch up. >> when you view the samsung phone, you won't even know that operating system exists. >>> and google is more and more taking away services and leaving samsung with a pure base. if samsung doesn't agree to google's terms, it wouldn't be google apps. >> let's talk about the consumers electronics show. the higher connectivity of device moving forward. >> i think from an investor's perspective, there's three big things coming out of it. the first is wearable tech. this year the average consumer has maybe two connected devices, a smartphone, tablet and maybe a laptop. in five years time they might have 30 to 40. washing machines cars all connected to the internet. >> and the other thing, of course, coming out over the last couple of days has been s.e.c.'s chairman may propose new rules to cut internet service provider as public utilities aimed to make sure everyone has free access to content online. n

among the giants, samsung launching a new range of internet enabled tvs, operating on the samsung system. the chief executive making clear in the keynote that his and other company's rely on making all sorts of devices internet enabled as the internet of things becomes a reality. >> each of us is at the center of our own technology universe. it constantly adapts, and the changing shape as it moves through the world. >> reporter: for all its array of products, samsung is recognised for market-leading smartphones. in the core area it's been hitting hurdles. samsung is by war and away the smart phone. it is losing market share, down from 32% in 2013 to 4% in the same period last year. a key problem is increasing competition in emerging markets like india and china. local bronze in the chinese markets have been making gains. in india, low cost phones - samsung is reported to be preparing to release a smart phone, the first after delays to run on tysan. >> i think tysan is for smart gadget like tv or cars. things. >> the man credited with making the global goint remains in hops, after a heart

blackberry stock soaring on those reports that samsung approached the company. blackberry putting out the following statement. blackberry is aware of certain press reports published today with respect to a possible offer by samsung to purchase blackberry. blackberry has not engaged in discussions with samsung with respect to any possible offer to purchase blackberry. blackberry's policy is not to comment on rumors or speculation and accordingly does not intend to comment further. >>sh, thanks so much. we did see a move lower in the after hours session. >> dan nathan said it, cow and free and milk. >> you approached a lot of can'. i'm reliving my 20s on live tv. >> time for pops and drops. >> game stop a cheap stock. i'm not sure you chase it up 11%. it did not hold all the early gains. but it is cheap. and if this is a retailer that you want to play because you think there is secular trends going on, it's probably not a bad level right around here. but i'm not chasing it. >> pop for monster. 4% you'move. >> nice upgrade. gets a terrible tape. they talked about t

samsung is a desperate player right now.obably suits a desperate move for a desperate player. >> if i'm a blackberry shareholder, do i want samsung to buy me? >> yeah you want anything. >> i guess you want 30%. >> it's like you're in quicksand, they throw you a rope. i don't think you say i'll wait for a better rope. >> fair point. what parts of the nashthmarket do you like? health care keeps coming up. every person we ask, talking the economic piece the outperformance, the fact it can be bullish and a port in the storm, key to a better economy or a weaker one. where do you see places for investors to get involved in this market? >> you know what? i'm a little more bullish than that in that i can see other than finance, rates are just too low, and other than oil and you got a chance to be able to lighten up on some of the oils today on that spike at the end, i kind of like a lot of stocks. i think you just have to look at domestic. i know health care is terrific. i listened to guy adami. i love guy. he's dead right. health c

already the third-largest vendor behind samsung and apple. >> hoping the comparator samsung and apple -- how do they compare to samsung and apple? >> xaomi is catching up. as you mentioned, they are trying to expand through different branches. they started as a software maker but now they are making tv settops. they are producing water purifiers air purifiers already released. xiaomi is trying to build an ecosystem. two years ago, they make plans for an ecosystem and have made significant advances in 20 hard were companies -- hardware companies making products. investors say that this kind of ecosystem combining hardware and software will be key in the future but you have to remember that lots of other smartphone vendors of problems when it comes to markets -- have had problems when it comes to markets and they have all slipped back. the curse of the third-place. >> one thing that they have is the chinese consumer base. >> and they are very aware of that. >> trying to capitalize on it. banks. -- thanks. >> we're live in beijing among speculation that the government is lowering the gro

and you see samsung losing about 8% of market share. if in the u.s., we have apple and samsung. in china, you have apple and jao me. that could be devastating for samsu samsung. >> why don't you show it off now? >> i managed to get ahold of a phone. i said i wanted one. somebody brought it back for me some china. what's amazing about it, they have all of their own apps. they have their own app store. they have their own music. we're going into weather now. they have their own music store as well. this is the higher end one they have right now. they just dropped the price a little bit as they enter india soon. >> and is it the closest thing to a chinese apple? >> it's much easier to use than an android phone in my limited experience. our producer said, wow, it looks just like an iphone. they do their own products as well. this is their own external battery pack. >> they have an air humidifier. they have a fitness band. does this make you want to buy other xiaomi products? >> having played around with it, if i could get this on my carrier in the u.s., this would be my second phone

and that's with samsung headwinds.hink for apple, it's really still a good news story, this holiday season. there's room for both xiaomi and apple to win in the short run. there's no evidence here to date that xiaomi is copying apple innovations. it can be a rising tide for both of them for now. but down the road, you have to be careful that we don't see margin erosion, that we don't run out of unit volume headwind growth, and that apple is still doing enough with enough attention to perfection, that it continues to grow at a reasonable wait. >> all right. alex, we'll leave it there. thanks so much for your time. appreciate it. >> thank you. >> alex guana. alex mentioned sky works, and it hit a new 52-week high in toion. that's a good, perhaps, leading indicator into apple's quarter. guy, what do you think? >> could be. but did they report after the bell? i'm looking at now, it's nowhere near now in the aftermarket. and these are levels we last saw -- i mean, we're approaching levels we last saw 15 years ago. if the st

now, if samsung -- it is samsung's turn to come in and revolutionize themselves.are powered by titan, the operating system. this is samsung trying to take control of itself. it has the operating system in some of the phones and watches. overall, it is still the number one player when it comes to televisions. that is why they are so dependent on google. it takes revenue when it comes to selling apps and movies on those android devices. they are try to take back control and get the operating system working. it owns the biggest market share in the world. it is also about the internet of things. samsung will not be showing superiority. we are seeing profitability and they want to grab that back by having a television that talks to a washing machine. this is about a $7 trillion market that they want to get their hands on. >> thank you very much. you will bring us the news that matters. the pulse is coming up and we are joined by one of the hosts who wants to talk about technology. >> we are going to talk a lot about it. however, what i want to talk about is a french co

among the giants samsung launching a new range of internet enabled tvs, operating on the samsung system. the chief executive making clear in the keynote that his and other company's rely on making all sorts of devices internet enabled as the internet of things becomes a reality. >> each of us is at the center of our own technology universe. it constantly adapts and the changing shape as it moves through the world. >> reporter: for all its array of products samsung is recognised for market-leading smartphones. in the core area it's been hitting hurdles. samsung is by war and away the smart phone. it is losing market share, down from 32% in 2013 to 4% in the same period last year. a key problem is increasing competition in emerging markets like india and china. local bronze in the chinese markets have been making gains. in india, low cost phones - samsung is reported to be preparing to release a smart phone, the first after delays to run on tysan. >> i think tysan is for smart gadget like tv or cars. things like that so-called things. >> the man credited with making the global goint remai

higher. >> maybe they have a samsung and weren't aware? i shouldn't make fun of them. >> come on. >>> when we come back, a small town police chief in the middle of an investigation after he shot his wife. was it an accident? >>> and here's the reason why a delta flight made an emergency landing. talk about a special delivery. talk about a special delivery. i was so focused on making good food choices, i had no idea that it was damaging the enamel of my teeth. i wanted to fix it i wanted to fix it right away. my dentist recommended pronamel. he said that pronamel can make my teeth stronger that it was important, that that is something i could do each day to help protect the enamel of my teeth. pronamel is definitely helping me to lead the life that i want to live. well, i drove grandpa to speed dating this week, so i should probably get the last roll. dad, but i practiced my bassoon. and i listened. i can do this. everyone deserves ooey gooey pillsbury cinnamon rolls. make the weekend pop! >>> this pickup truck had drivers in oklahoma city

samsung came in with a bigger one and suddenly grabbed a huge percentage of market share. apple gave them two years of runway. their profits exploded. now apple has come in with the bigger iphone and now they are exploding as a result and it's why their stock has come roaring back. buts soming is a very diversified company. they are anniversarying this. they make chips. chips are starting to go into everything. one message from ces this week is everything is going to be connected and have samsung is selling a lot of chips and gadgets. very diversified. the other thing at samsung is within china and other markets they are getting hammered by really good high quality, super low priced phones like xiaomi and others. >> to have the bigger phone coming out at the same time as apple pay and potentially a revamp streaming service you just wonder if the storm is perfect for apple at this point, or if samsung really can come back and start to change it on its own turf. >> samsung, effective go back a couple years and we've now wiped out the huge open field when they had the phone n

let's get to brendan. >> i will take a look at samsung. nyu is just saying they are squeezed in the middle, neither value nor are they luxury like apple is, and they have gotten earnings coming out today, and the question is -- they make amazing tvs, can they make smart tv's that people want to buy? >> my agenda item is congress because they are back in session. there might be a snowstorm in washington, but they are gathering and supposedly getting down to business. >> is stuff going to happen? >> in washington? not likely. >> markets will continue moving on without them. >> we will keep going to phil mattingly every day to discuss the nothing that is continuing to happen. >> there is a lot of nuance within a nothing. >> my nuance is correlation, a professional word for linkages and that is what people are looking for in this market. an ugly 4:00 a.m. -- things got better. oil $49.01. i look at the screen, brendan, and sometimes i do not know it is my same bloomberg screen. so much has changed in eight weeks. >> supply and demand, both is

then you've got samsung coming in. this is the reinvention of samsung.ng pushing the internet of things. they are launching connected tv's. samsung already tried this with smart watches and a phone. the phones were about a year delayed, and already you've got google and apple owning the algorithm -- the operating system space. in tv, samsung is the number one player. they are looking to start having connected tvs that can talk to your samsung referred to ritter your vacuum cleaner -- samsung refrigerator, your vacuum cleaner. so this is samsung not only wanting to get in on the internet of things but also get in on the connected tv and its own operating system act as well. back to you. >> caroline, thank you. >> let's go from vegas to what is happening in london. the city of coarse carving out a name for itself as one of the most exciting tech markets in the world. there was a report this morning talking about the number of startups in 2014. a new record. for more on what 2015 holds one of london's -- shouldn't say one of, one of london's leading tech in

already in china, xiaomi overtook samsung last year.mostly on budget conscious developing markets. biggervoiding other western countries like the u.s. and u.k. that has been working very well for them. it only launched, as we said, in early 2010. they were a company that made software for mobile devices. but already, it is branching out. it has a main product, like a tablet computer, tvs that connect to the web. an air purifier. we know they are working on a water purifier. they know their markets very well. jun saying they are building an ecosystem. starteds ago, xiaomi laying out plans for a ecosystem and have made significant -- progress since then, investing in more than 20 hardware companies making smart product. analysts saying it is establishing this ecosystem that combines hardware, software, services, that is key for xiaomi in the future. >> debut becomes a consumer electronics company rather than just a mobile smartphone maker. interesting strategy. they're going to announce a release of new products ahead of chinese new year?

samsung wants to be on the internet of things. samsung makes refrigerators.. they make all sorts of other -- >> it is good design. >> if you can connect the dots i leave you this number. $7.1 trillion. that is the price of the internet of things. who knows what is happening in your kitchen when you are not there? >> with the eurozone trading lower and the european markets opening in a few minutes, let's start with our next guest, market commentator david buick. how have you been feeling about the year? >> mixed. i think the two great things are the political incompetence of europe and the great bear himself, vladimir putin, whom i think put a real damper. i am worried about the ftse in the first three or four months of 2015, because i believe because the perception of the u.k. that it is almost ungovernable as we had no idea which direction they are heading apart from the coalition. it is really good in good news bad news territory. it was apparently about 5 billion pounds worth of ipos. they want to get out into the public. the investing public is not stupid

they are starting to eat away at android, at samsung in particular.amsung always led the charge, bigger phones. all of a sudden, iphone comes along. suddenly, china sales take up 17% -- tick up 17%. clearly this is a company that is working in terms of hardware and is also innovative in terms of apple pay. apparently, two dollars out of every three dollars are using apple instead of competitors in that form of payment. ipad sales dipped. but they have a new version coming out. they have the watch coming out in april. they are fighting the dollar. they are rising prices in canada and the u.k. to combat that. >> there is also the iwatch. i am quite excited. let's turn to yahoo! a lot of talk about them. it is all about alibaba. >> it is. alibaba is in the news a lot today. the problem is that they have a problem with their share price. yahoo! is saving investor cash because they are saving tax. they are spinning off a $40 billion stake in alibaba. they are spinning it off into a separate company. how are the going to sell that without having a huge tax

it now trails samsung and apple in global smartphone revenues. last year alone, sales more than doubled. they sold nearly 61 million phones. xiaomi is flushed with cash following a private funding valuing the company at $45 billion. that is worth more than blackberry, garmin, and intuit combined. it was founded in april 2010. xiaomi officially launched its first android-based system. in 2011 xiaomi took on the iphone with its first smart phone. 71. just like apple xiaomi surrounds , its product announcements with great fanfare. but how did they rise so far, so fast? the distribution model is bare-bones. phones are sold only online and not a dime is spent on advertising. that helps xiaomi undercut competitors on price. the "me" costs much cheaper than other phones. the companies facing criticism over the similarity to the iphone. the company is targeting a handful of global markets, but its success in china may not be easy to duplicate on the world stage. nonetheless, venture investors are betting that little rice has a big future. >> what does to

reuters says samsung offered to buy blackberry for as much as $7.5 billion. samsung is the top smartphone maker but blackberry is strong in the corporate market as the secure network handles e-mail traffic for thousands of companies across the world. >>> the "wall street journal" says the struggling electronics retailer is talking with a private investment firm about buying its assets out of chapter 11 but there's no guarantee a deal will be struck. the company is looking for funding while in bankruptcy. radio shack warned last year that a bankruptcy was possible. >> thanks so much, landon. >>> 4:48, we've been talking about the booming and busting. let's check in with meteorologist christina loren, i hope we have a boom this weekend. >> i think that's subject to what you like. if you like great weather, boom, we'll get that. if you want the rain, kind of a bust when it comes to the shower activity we're expecting. i'll show you in moments. 43 degrees in the south bay. east bay is at 45 and we're starting out rather chilly in the north bay with some of the tu

, even though samsung is apple's nemesis. to make matters worse, sandisk is well behind the competition when it comes to rolling out the next generation of flash technology. 3d nand flash chips that are made by stacking transitioners on top of each in a cube that can hold far more bits of data. industry analysts telling me this. samsung isn't saying it and sandisk isn't saying it. sandisk is a year behind samsung and nine months behind micron. the chips have ten times the endurance endurance, twice the performance and 40% less power consumption than sandisk's old-fashioned 2d products and nearly as cheap. in short, sandisk isn't just selling a commodity, an inferior commodity. i think it's going to take them a year to catch up. on top of that chinese handset makers like to buy them bundled with drams. but sandisk doesn't make drams, which gives samsung, micron a higher edge. they can offer a hybrid product. that's what the market wants. how come sandisk has managed to perform so well over the past two years? simple, for a lon

work for samsung, our big challenge would be how does this thing work?nd imagine, this is something you can all relate to, what would you do, and they do this, very common in industry. you take it apart. you start to look at the chip architecture. they pop these chips out. they put them in an electron microscope app look at all the individual parts. that's only the start. if all you knew was that architecture to tell you something about the advantages one phone had over another, you also need to turn it on, figure out how the software works. there's probably new a new operating system you need to start to dig into, how that information is coded. then you need to understand the new apps and how those work on top of that. so there are these levels of the components, the computation, and ultimately in the human brain cognition, those apps that are running that we all need to understand. so when we think about brain mapping, we think about all of those different elements and how they come together. >> so in some way our brains are almost as complex as our ph

blackberry and samsung, samsung in talks to buy the canadian carmaker.es soaring 30%. today, not so much. i wonder if they will stand behind this story. >> i think everyone is trying to figure out what is true here and what is going on there the price is very high. basically, what if value back in 2008, it had more of a 50% -- more than a 50% share. >> they had what? >> more than 50%. back in 2008. >> 2008 was a few weeks ago. >> i know. i think the reason we will keep working on this deal is that it makes sense. black berry has amazing encrypted security. it needs to be inside a phone that people are buying. caps on has said and is a deal that makes sense. >> the question is why do you buy the whole thing? >> we will see. you're getting the meal for free. >> apparently, it has documentation. the number three story, target will abandon things of dollars in losses. it is, apparently. look at the maple leafs. >> canada is not america. it is different challenges. >> that is right. $310 million here and we just have roaming the aisles. >> it was something th

and basic players like samsung, qualcomm as well they want to power this.it's all about getting up to drive the bottom line. >> and the sam ceo was saying there needs to be more collaboration. it's relatively surprising. where do we have to see that much closer collaboration? >> i think that is a bit of poppycock. samsung, they are kind of having their ears turned as it were by big players in the mobile phone market. they've really got to go on the ball now. their lead is being eaten into, especially on mobile phones. collaboration, they've got to basically start having a steve jobsan moment where they start leading the market instead of following it. >> you touched on wearables as being one of the trends to watch out for. i want to ask you about facebook because they purchased a start-up name wat. somewhat in the wearables space. what do you think facebook is trying to do with this type of service? >> you've got to remember that facebook, google microsoft, the big tech players have to move to where the pot is moving as it were. wearables, that's why google

i can't believe blackberry would take over samsung. and shares of the canadian device maker. plus the world's third biggest smartphone maker unveils it's answer to the iphone 6 plus overnight. it's thursday january 15th you might remember this day. squawk box begins right now. >> live from new york where business never sleeps this is "squawk box." >> good morning everybody. i'm becky quick. if you thought trading has been volatile so far this year you have not seen anything yet. check this out. marketing swinging sharply in early trading this morning. at about 4:30 a.m. you were looking at the futures indicated up by over 100 points. the dow futures up by over 100 points then the crazy move from the swiss national bank that no one was anticipating. you know the central banks are good about telling the markets what they're going to do in advance and when that doesn't happen you see swings like this. the swiss national bank coming out with it's news saying it was going to delock the swiss franc from the euro. since 2011 they had been tying the currency cap in 2011. swiss nation

than the samsung benchmark. they say those reports are wrong and snapdragon will still be in the new phones. amazon has already pulled out of its own amazon branded diapers just a seven weeks after they hit the market. they say the diapers need improvement based on early customer feedback. i think the customers are a bunch of whiners. they will keep selling their own baby wipes. did the lead -- worst than advertised. wall street analysts sounding eight downward tone. "the falloff in traditional business is dwarfing ibm's ability to capture new revenue opportunities." let's do a quick drill down. the first number is the revenue. the revenues continue to decline. that is a problem for this business as they try to make the payment entered into a business -- pivot entered into a business -- they borrowed so much money to buy back shares. that debt is now mounting with long-term and short-term debt adding up to $41 billion. as the debt gets bigger, the free cash flow gets worse. down $13 billion this last year in spi