satya nadella sees it as priority. still trying to figure out satya nadella.tells us what about his strategy? does it tell us anything? i am curious how to read the tea leaves. >> i am not sure it tells us xbox willx -- that remain in microsoft forever. one thing that has been pointed out is that minecraft is not available on windows mobile, which is what microsoft is trying to build into an alternative to android and apple. these very popular content platforms, microsoft can ensure that they are integrated with their mobile offering, which is something that satya nadella has said is a huge priority. extrapolate that thinking, there needs to be more deals. >> there could be. microsoft has a lot of money despite all of the fashionable microsoft hating that is going on. it does kick out cash. it is an extremely successful company. it does have the resources to do this. y of those resources are offshore. >> nice to see you, thanks very much indeed. let's turn to a sad subject. the chairman of santander has died. emilio botin passing away last night in madrid from

microsoft's ceo satya nadella will be traveling to china later this month.pokesperson says that the trip was planned before the investigation began. they are committed to comply with laws and addressing the questions and concerns. i started by asking david evans how serious this is for microsoft. >> for microsoft it is pretty serious when you have one of the chinese anti-monopoly agencies launching a significant investigation like this. certainly it is something that if i were running microsoft i would take very seriously indeed. >> what, exactly, is the chinese government so upset about? >> it is not clear. one of the difficulties with the investigations taking place in china is that it is not clear, at least, in the early stages of the investigation what, exactly, the allegations are. in the case of microsoft, there are various claims flying around concerning microsoft tying windows and internet explorer, which is a very old claim, about microsoft being very aggressive in terms of how it deals with anti-piracy issues in china. but the full array of claims,

he is trying to show a younger, rejuvenated satya nadella.t microsoft is and will never be the company. they are too large and too bureaucratic. they probably have to have 25% layoffs to bring it down to a level to be aggressive in the way that he wants to position the company. superficially, he is doing the right things. but he is grafting onto an organization or none of the grafts can take. what's thanks for joint -- >> thanks for joining us. , 48 hours to go until scotland's vote on independence. the polls are too close to call. more on the upside of scottish independence is next. ♪ outlook.or the global we are days away from scotland's vote on independence. the polls are too close to call. we have a look at the upside of scottish independence. let's start with you. the upside of independence. what is it? >> if you listen to the nationalist, they talk about an improved tax environment for companies to invest. they look across the irish states and they see very favorable conditions. they talk about tailoring economic policies specifically t

. >> how much good can a visit from satya nadella do?know that ceos like tim cook go to china every year. >> tim cook, as chief executive, has been making an annual pilgrimage to china and it has not helped his company. beijing authorities have been attacking apple at every particular opportunity. people say you have got to go to china, got to show that you want to be the foreign paying tribute to the chinese, but i think there is a little bit in that but on the other hand, once you start to do that, you show weakness. the chinese authorities always jump. look at what happened to google. look at what happened to apple when they went to china. this is not a good story for microsoft. >> microsoft is not the only u.s. company facing an antitrust probe. you have got dell. you have qualcomm. david, i believe that this is about a law that was put into place in 2008. why now? >> i think the point is exactly what you just said. the law was only passed in 2008. it has only been in existence for six years. in the world of antitrust, this is a baby

on that front, satya nadella will not be out that event. .e is actually in india he is announcing newthey will be spending money on because they want to support this whole cloud computing strategy. >> i think that is intentional. he was in china dealing with headaches there is well. part of it is that it is all set in stage here for the next microsoft. you were talking about a decade under steve ballmer. they missed out on every trend possible. now it is about them trying to escape where the puck is going. it is laying the groundwork for cloud. it all starts with the cloud. key part of the success of microsoft -- the rock of gibraltar has been the cloud. that speaks to optimism in the stock. investigators -- investors feel like there is a step in the right direction. >> speaking of the right direction, i know that you also cover ebay and the mobile payments space. what do you make of ebay spinning off paypal? finally loosening up to some of it shareholders? >> i think carl icahn is enjoying his coffee this morning. >> his $180 million coffee? >> he could buy a spent of cappuccino. par

one of the many changes satya nadella has made. number three is general mills.rterly earnings. more challenging than expected. the cheerios maker unveiled a cost-cutting plan that is expected to start in the third quarter. people are getting less surreal. cereal. .> number two is rackspace the cloud computing companies think it's going it alone. ending efforts to find a possible buyer after hiring bankers to reduce strategic options. centurylink but the many centurylinker -- was put as a possible buyer. >> number one is fedex. above wall street estimates. buybacks.n shares of common -- wevery will dive deeper into those results in just a moment. the chief market strategist at america rise financial -- america rise financial. we will get fed back -- -- >> june is the right time frame. the economic data has been pretty soft. with today's meeting, the fed might come out and say it is steady as she goes. if that's the case, the market might like that. and move a bit higher. eventually, we get that correction. maybe not today. >> look at inflation. where is there any

satya nadella he said that both will be available for the end of next year.se of the top headlines. your -- the idea of india in 10 years or 20 years, where will it be? yearsking about 10 to 20 is easier than talking about where will be one year from now. there are a lot of uncertainties on whether or not he can implement many of the promises he has made. the indus in -- the indian bureaucracy would allow him to do that. they have a young population. they have a vibrant demographic outlook. it isn't one country, but they require the british to make it into one country. before that, they were a series of kingdoms fighting with one another. despite the differences and some 25 different languages, the .ountry comes together >> here's the question. theything he has done over past week has captured our attention. what is his goal? to modernize the country reduction in corruption, but he wants to get out of that country a really modern country. he said he was emphasizing the , democracy,d's demography, and the demand coming from the huge population. he has to get t