to on mon money, i'm becky quick one company says an implantable chip is a wave of the future >>> snapchat, teens love it, but it may know more about them than you would like how to turn off an option that could lead to problems >>> travel insurance, is it worth the price? what's cover and what's not. >>> amazon's alexa she can do more than play music, she can play a role in home health care for seniors. >> what are my activities for today? >>> and the rise of rose why so many people think pink when it comes to summer wines. >>> this is "on the money. now, becky quick >>> we begin with microchip implants a wisconsin technology company is offering workers the chance to toss their employee i.d. card and forget all the passwords, in exchange they'll insert a tiny microchip under the skin would you do it? that's today's cover story chipping in. it wasn't the traditional office party. last week in wisconsin, three-square market, a provider of self-service break room vending machine offered to microchip its employees. more than half of the 80 workers voluntarily agreed to get chipped. >> it hurt

that's a friend on snapchat. see exactly where they are, driving, listening to music, even playing tennis. >> the app is very addictive. every time you open it, it marks where you are. >> it can let you pan around the globe and see what people are doing right now. >> where is she? she's in sweden. >> hot spots show where big crowds are all snappin >> there's a protest. >> reporter: and users are >> people are getting more comfortable sharing more and more information. powerful tool for advertisers. but does map take sharing and connectivity too far? na shares your location with friends, down to the address. attorney michael kazan >> there's the issue of back ctors, someone stalking teenage users who may just down load apps and not read the fine print. >> a lot of people often don't look at it ors up the scope of what they're agreeing to. >> reporter: and it's something businesses need to be aware of, too. >> giving this much information to snapchat itself allows this em to really target our behavior. in ways that

let's start with snapchat. this is actually the first bit of good news snapchat has had in a while.r: we saw the stock climbed today after a long, drawnout fall since he ipo. -- the ipo. one of the main reason's snap has fallen is because facebook has been copying its most popular features of the main app and on instagram. this company continues to be very compelling to a lot of young people. that's what the report reminds us. it is still a lot cooler than the big social network is. emily: how much of a concern is this actually for facebook? given that they own instagram, is it still a problem losing teenage users? reporter: when i speak to teenagers who use facebook, and a lot of them do, but they use it for more responsibilities or utilities. they use it to coordinate soccer matches, work on group projects with people from spanish class. it's the kind of thing you have to be on to survive in high chool and college in a social setting with teachers. it is more of a tool, not fun. and away leaders are communicating, they communicate in images, and video. it is less the kind of statu

snapchat launched in 2012 as a mobile app that allows users to send photos that vanish within secondsne on to become a big hit with millennials. snap said the number of daily active users, the measure the markets are most interested in, rose by 4% to 173 million, compared with the first three months of 2017. compare that with instagram stories, a service on the instagram platform that closely resembles snapchat — it has 250 million users. revenues at snap almost doubled for the quarter to $181] million, which was lower than what analysts had been forecasting. and the losses are piling up. the tech firm made a loss of $4411 million, which was quite a bit bigger than the last quarter. the company has had a rough ride on the markets since it went public in march with blockbuster valuation of $28 billion. these results came out after the closing bell in the us but in after—hours trading shares were down by 14%. with me is mike weston, founder of marketing agency radiate b2b. hello. thank you for coming in. these are some disappointing results. particularly its active daily users number. y

in a.sessions >> finally some decent news for snapchat investors.esn't have much to do with donald trumps america. adopt snapchat as his go to social media instead of twitter. this is kind of a double-edged sword. on the one hand we've got some decent -- kept the target price the same. one of the few investors on the streets thing to buy the stock. they are saying there's going to continue to be adoption. there is still room to grow in terms of looking at the visitor ship on snapchat. continue to drive through the market. especially getting people to watch the vertical videos. , cameras started weren't ready for it. people are now adopting that more. if snapchat the number of millennial's who use it, they will try to drive revenue by getting people to watch shows and various things that pop up when you are using snapchat. julia: the basic problem is facebook keeps adopting their technology. the argument would be they do it better. why are they gaining market share? is it because their video offering is better? what's the deal? this is a good intro t

instagram and snapchat is very far behind. instagram less than 600. snapchat below that.ive room for snapchat to grow, especially if they keep targeting teen audiences. vonnie: that was going to be my question about snapchat. any negative comments in relation to facebook you would think would be good for snapchat. taylor: snapchat has struggled a little recently after the ipo, in part because they struggled monetizing users. how do you get advertisers to monetize the user growth. a projected negative even of almost 900 million for 2017. 2254, you will see their share price has struggled. i also note just a little, adding to the selling pressure today, is the lockup from the ipo expires august 29, next week. continuing to put a little pressure. it is all about how you monetize the growth. vonnie: if you can figure it out, pass it along. mark: let's stick with technology. the bar for the iphone is set high. on the features of the phone and how it coincides with the 10th anniversary of the iphone, mark gurman has the details and joins us from san francisco. is the new iphone

as far as i am concerned, twitter is old at this point, and so is snapchat.ill take an even bigger picture. in the world of technology, what happens is it is not like retail where the winners are bigger than or twice as big as the number two. in technology because of network effect, because of the map of networking, the winner is 10 times bigger than the second company. cisco is more than 10 times bigger the juniper when it comes to networking. facebook is so much bigger than twitter or snapchat that they cannot even come close to that. google is so much better than being or yahoo! -- bing or yahoo!, 10 times bigger. but will ther you, kids not be looking for something new soon? cory: sure. maybe it will be something that facebook or snap or something else wants to provide. vonnie: let's talk about potential avenues. blue apron, for example. slashed marketing. they were not going to pay you for their service. think it is reasonable to question blue apron's business model. we do not know how long they can keep a customer. so if you take your foot off the gas,

is ar the future for snapchat? $14 million in market value. >> meantime let's get to wall street's research prices we'll have the details on jpmorgan's move to take market share ahead. only going to charge 10,000. >> could be a race to the bottom >>> retail stocks get crushed, bill miller iv is making a big bet on shopping malls. we'll join us to discuss what's behind that move >> we do start with north korea and the latest developments about the looming threat against the u.s. >> reporter: we could hear from the president momentarily on the latest regarding north korea there's an event set to begin at president's bedminster golf club it could be on fork force workf initiatives. he upped the ante this morning he said the u.s. military response is locked and loaded and to that end he retweeted photos posted by u.s. pacific command of air force bombers at the ready in guam. the u.s. territory about 2,000 miles due south of north korea that it has threatened to target, basically signalling should the u.s. be threatene

they're all heavy snapchat users. they're heavy instagram users also it's an interesting time for snap going forward i think the analogy is going to be facebook? well, will it rebound or twitter and sort of struggle along as people worry about this daus and about the usage? i think that's an open question. >> yeah. a company hated that ing that a. is the smart business decision to step on the gas, start spending even more money where they can or try to save some dry powder >> well, i think you've got -- there's a couple ways i would look at. this one, first, just kind of closing out on the stock part of it one of the things that people sometimes forget is that the employee lockup is coming off. and when that employee lockup comes off in, most cases, i think even the case of facebook, when they got to that period, it will depress the stock for some period of time i don't think you need to overrotate on that point you need to see what the long term trend is going to be on the stock. so i think that's part of it but then

amazing growth they did halt snapchat's growth. what are some of the stories that have come out in the last weeks? discover thing these teen this is how they're getting their news you can monetize through this devi device, keep it sticky rather than just photo messaging and that sort of thing i don't think it makes a whole lot of sense to get too in the story, instagram, instagram, instagram. i know this, teenager, they're not on facebook. they're on instagram they're using snap for different reasons. if it becomes their primary way to communicate, the primary way to get news, it's going to be something that they grow with, that they graduate with. and they may never be on facebook to me, that is a blind spot for facebook. >> all right, our next guest is not betting on a long-term turnaround for snap. he is the ceo of captivate, an analytics firm that specializes in social media, join us tonight from l.a welcome. >> thank you >> why aren't you betting on a turnaround for snap? >> i think it's very different from when you look at wh

snapchat is the disappearing messaging service thatjust keeps making money vanish.ent company snap has seen its share price sink like a stone in after—hours trading as it reported widening losses. snapchat launched in 2012 as a mobile app that allows users to send photos that vanish within seconds. it's been a big hit with millennials but has never made a profit. perhaps the most keenly—watched number by investors is the number of daily active users. that rose to 173 million — up only 4% compared with the first three months of 2017. compare that with instagram stories, a service on the instagram platform that closely resembles snapchat. it has 250 million users. revenues at snap almost doubled for the quarter to $181] million, which seems positive but is also lower tha n a nalysts had been forecasting. and the losses are piling up. the tech firm lost close to half a billion dollars in the quarter, and investors will be very aware that that's just not sustainable. today's results came out after the closing bell but the company has had a rough ride on the markets sinc

snapchat launched in 2012 as a mobile app that allows users to send photos that vanish within secondsth so—called millennials. snap said the number of daily active users, the measure the markets are most interested in, rose by 4% to 173 million, compared with the first three months of 2017. compare that with instagram stories, a service on the instagram platform that closely resembles snapchat, it has 250 million users. revenues at snap almost doubled for the quarter to $181], which was lower than what analysts had been forecasting. and the losses are piling up. the tech firm made a loss of $4431 million, which was quite a bit bigger than the last quarter. the company has had a rough ride on the markets since it went public in march, with blockbuster valuation of $28 billion. today's results came out after the closing bell in the us but in after—hours trading shares were down by 14%. we will keep an eye on how they are doing as the day progresses. don't forget you can get in touch with me and some of the team on twitter. i'm @bbcstreeter. but more to come in world business report. the

instagram has surpassed snapchat's users, that milestone added fuel to concerns whether snapchat couldggernaut like facebook. shares have plummeted over 20% since the debut. what will they have to do? >> they need to re-accelerate the daily average users growth. the same thing with twitter, if the user's decline, stock will decline. they have rolled out a self-service advertising solution, they need to do that to get more advertisers on the network and cause their ad revenue goal to stabilize. >> it doesn't appear they are prioritizing user growth, they seem to be focusing on quality rather than quantity. therefore, that would allow sales to go up even if it's user base doesn't significantly increase. that haven't been enough to convince wall street to measure it any differently than facebook. on thursday, sheryl, we will have complete coverage and analysis of snap. that does it for "bloomberg technology." this is bloomberg. we will see you tomorrow. ♪ ♪ from our studios in new york city, this is "charlie rose." charlie: welcome to the program here at we take note of a story we will ha

saved by snapchat. the tip from a social media app that helped police save a teen sexual assault victim. >>> 5:30. a lot to get to. good morning and welcome to nbc 10 news today. i'm tracey davidson. i'm vai sikahema. i know the hurricane is coming down on the gulf coast and especially texas and new orleans. here in our area. we're doing pretty well. let's get to bill henley. >>> start the day with a few showers. look at easton, clouds starting to break. now getting closer to sunrise. not happening until after 6:00 this morning. we will end up with bright sunshine. there's easton. allentown, getting a little bit of rain. the showers are in parts of upper montgomery. bucks county, upper bucks and central bucks getting light rain shower activity. this is going to move through and actually fall apart this morning. scattered showers to the south and delaware and south jersey are already starting to fall apart. there's light rain movin

called police after spotting the bloody and bruised victim on someone else's snapchat post. police took him into custody. they say someone who knew him called police after seeing the victim's picture on his snapchat page. a neighbor who didn't want to go on camera says he went to high school with him. >> saw a bunch of cop cars out front. i was like oh, great, it's mason again. i saw a stretcher, but that's all i saw. >> that stretcher was needed for the woman who police say was disoriented, bruised and covered in blood. meantime, he's in jail on sex assault charges and will face a bail hearing next tuesday. >>> another type of technology was used to make an arrest in bucks county. police say a victim of sexual assault sent a text message to 911 while she was trapped in a bedroom on saturday. ben salem police used the gps to find her. >>> we have new information on a violent robbery in center city philadelphia. police tell us they've arrested the suspect you see here on the security video. he's accused of stabbing a clerk at a 711 near 13th and market last sunday. clerk is e

that was the only thing that did well for snapchat.ancingan this talking hot dog, people could of used instagram instead. least the whisper is that the street was high coming into it. however, now we are focusing on what is coming next. the augmented reality -- the hot dog was a taste of that. what he's insinuating is that we are coming. arene 8 is coming and there 23-d cameras and we will be able to use of a lot better than anyone else. vonnie: why do you associate snaps potential success with the success of the iphone 8? sean: we know in general that snapchat has skewed heavily to iphone users per vonnie. vonnie: because it has problems with android. most ofey focus most their -- most of the efforts on the iowa spot for. when you see a new iphone rollout come you get interesting metrics because there is the upgrade cycle where people download the app for the first time. it is our hope that you have a reset here when iphone 8 comes out and there's all these new features. tim cook at on stage and shows all the augmented reality. now yo

>> well, i don't know if they age out of snapchat. think had as they graduate from schools, they also graduate to facebook. that is the easiest way to find a broader group of friends and family so i think we've seen that in our research already that there is some leakage from the younger people using the apps like is snap, back to facebook or over to facebook as they get jobs into the workforce >> does your -- what your 12-year-old? >> she's 12. >> does she watch the shows? i think it's interesting that big media giants like our parent company come comcast as invest in snap and time warner is doing a new snap show. >> everyone is doing some version of this. >> they're bullish on this audience. >> she doesn't really see those things if she's on instagram, what she really loves is she moved on from this now but buzz feed does tasty videos the 30 second two minute clips of just food not because she's going to make the food but it's entertaining to her i think that's the kind of content that, you know, video content that plays really well

on snapchat. are these kinds of things actually getting? sarah: they are getting a lot of traction. like millions of views. it is very interesting. this kind of media consumption experience differs in many ways. first of all, it is mobile first. second of all, it is in these short bites that people really consume on the go. and it is something that caters to this very millennial audience that is increasingly not paying for cable, not watching conventional tv. it is a way for brands like cnn and pc to reach this new generation -- cnn and and nbc reach the new generation that may not be on facebook. emily: how well do we think the facebook hopping of instagram and snapchat is actually working? making the camera primary and adding stories, is a backfiring? sarah: i would not say yes, that it is backfiring. with any user base of more than 2 billion people, some people are going to use whatever they create. but i have not seen people use facebook stories, at least on my own facebook. that is anecdotal.

surpassing snapchat's.lestone added fuel to concerns whether snapchat could compete with a juggernaut like facebook. shares have plummeted over 20% since the company's debut. what will they have to do? >> they need to re-accelerate the daily average users growth. the same thing with twitter, if it is the user's decline, stock will decline. snap needs to get that growth rate reaccelerate he. they have rolled out a self-service advertising solution, they need to do that to get more advertisers on the network and cause their ad revenue growth to stabilize. doesn't appear that snap is prioritizing user growth, they ir strategy is to focus on quality rather than quantity. they will strive to generate more revenue from existing users. that would allow sales to go up even if its user base doesn't significantly increase. that hasn't been enough to convince wall street to measure it any differently than facebook. sarah frier, bloomberg news. emily: on thursday, sheryl, we will have complete coverage and analysis of

over all there was one big issue for snapchat and that is the c.e.o. evan speegle. he liked to takee t the money f wall street when he took his company pub l rick in march, but he doesn't may by the rules. he does not really give estimates, and that is something that really cause the stock to lose quite a bit. down by 40%, lowest level in the market history. >> thank you. now, would you like some gender equality? well, the handsome cafe in melbourne is charging a gender tax on coffee to create awareness of the struggle for equal pay, but not everybody is buying it. >> in this australian cafe, men get to pay a surcharge to offset the 18% ex-intereststhey are paid on average compared to women in australia. >> i think it's fair if you think about the world and the gender inequality that we h hav i think k it's reallyy an idea because i really think many people don't know there is an actual gap. >> it's unequal between men and women. even thohough there is supposed i equal pay, it doesn't really equate. >> others feel the cafe serves up divisiveness along with their cof

a report shows that snapchat is the third most popular app among 18 to 30-year-olds, two spots ahead which is owned by facebook and trails only youtube and facebook and instagram is still big we are more than 400 million users and snapchat has 173 million. back over to you. >> that battle going to rage for a long time. >>> just ahead a hollywood battle of the sexes is brewing behind the "wonder woman" blockbuster and james cameron. that's next. bounty is more absorbent, so the roll can last 50% longer than the leading ordinary brand. so you get more "life" per roll. bounty the quicker picker upper it's our back to school beeone cent evente. at office depot office max. 10 pack pens, one cent. composition notebooks,scissors, and plastic folders all one cent each! hurry to office depot office max. ♪taking care of business. another anti-wrinkle cream in no hurry to make anything happen. neutrogena® rapid wrinkle repair works in just one week. with the fastest retinol formula to visibly reduce wrinkles. neutrogena®. ♪ ♪ the best way to get together is with a treat you make together. ♪ ♪ s

and some of it's made by snapchat. and the way that they cover like some natural disaster for example is everyone who uses snapchat will send in videos of their experience of flooding or something and you'll see many, many different people's perspectives in a short two or three minute video, which is so much more informative than sort of a cable news clip of that same thing. well first of all it's hard to find coverage of like non-politics on cable news anymore, but even if you did it would be difficult to have this wide range of views and it could be, i mean i don't know if snapchat will succeed or not, but facebook might copy all those features and then you might figure we have those kinds of things in facebook also. mr. manjoo: okay, yes i agree. mr. rainie: the other thing that's been so interesting to watch we haven't quite documented -- because it's hard to talk to people about as i think it's broadened people's sense of what is news. so all of that stuff that's happening in a cluster of your friends network is n

what's going to disrupt snapchat? what's going to disrupt the ad models we're talking about, the content models we're talking about? it's not that it's cyclical, it is a constant evolution and somebody is going to crack the code and facebook's going to either buy them, learn from them or evolve. ms. mackinnon: i think you're right and you know i started out kind of on the negative side, but i work with a lot of communities that would be completely unheard if it weren't for the internet. but i do think that new technologies and innovations aren't kind of automagically going to take us to a more democratic and kind of human rights and just world without some mindfulness on the part of people building these things. and i do think there need to be principles around transparency, around accountability, around really being responsible. mr. ranjoo: you mean for technologies? ms. mackinnon: for technologies and also for governments and everybody who has an impact on how these technologies are shaped to really be thinking abou

user growth has slowed down for snapchat. ipo when facebook him out with a copy of a snapchat service, instagram stories, that the that slowed down might have been caused by facebook and instagram. the growth rate continues to be slow, continues to be a worry. it looks like a problem for this business. they are losing so much money, revenues are not going that fast , and user growth is not accelerating. stock trading is down big time after those results were posted. we will see it means -- we will see what it means for the long-term. cory johnson, bloomberg, new york. manus: james bevan is it still with us. there,stening to cory isn't it stating the obvious that face because the dominant position -- that facebook has the dominant position? the multiples are so high you must you have the growth coming through. who is really going to deliver cash flow and profit? i worry about facebook. manus: why? james: it is so typical of the tech sector to say, we are going to do something. just going to see what happens. no other business

facebook is losing teens and tweens to snapchat and instagram. the first time in its forecast, e-marketers says facebook will see a drop in users in the 12 to 17 age group. there's two things that are interesting. number one is instagram which is owned by facebook. it's kind of like facebook is losing to itself you report that 14.5 million people in the 12 to 17 age bracket will use it. i thought no tweens were on facebook it wasn't cool it's grandma's network >> that's true my tween daughters, grandmother is on facebook >> are they? >> they are. they both are. honestly, i think the older the teen is, the more likely it is that they're going to still be a facebook user. snapchat is relatively new really popular with the younger teens and tweens i think that's where we're seeing a lot of growth going it's taking things away from facebook that's pretty exciting as they get older, would they end up going to facebook as they get older just like people complain only elderly people go to the symphony in. >> it's possible once you start using a social n

and some of it's made by snapchat. and the way that they cover like some natural disaster for example is everyone who uses snapchat will send in videos of their experience of flooding or something and you'll see many, many different people's perspectives in a short two or three minute video, which is so much more informative than sort of a cable news clip of that same thing. well first of all it's hard to find coverage of like non-politics on cable news anymore, but even if you did it would be difficult to have this wide range of views and it could be, i mean i don't know if snapchat will succeed or not, but facebook might copy all those features and then you might figure we have those kinds of things in facebook also. mr. manjoo: okay, yes i agree. mr. rainie: the other thing that's been so interesting to watch we haven't quite documented -- because it's hard to talk to people about as i think it's broadened people's sense of what is news. so all of that stuff that's happening in a cluster of your friends network is n

that's an average of 30 seconds for every snapchat user. it adds up to a super bowl commercial worth of focused mass attention and here we are, frances and bill there. >> we slowed it down. >> contributing to that count. i like the moves. >> i have to work on the spin though. >> i'm pretty impressed. at least you're doing something, right? check it out there. >> you want to see more? >> instagram. what is our account? @earlytoday. >> you have to check out the snapchat. >> straight ahead, get ready for the biggest dueling jack pots ever and what sent this bmw off a seven story parking garage. early today is back in two. (vo) more "doing chores for mom" per roll more "doing chores for dad" per roll more "earning something you love" per roll bounty is more absorbent, so the roll can last 50% longer than the leading ordinary brand. so you get more "life" per roll. bounty the quicker picker upper. ♪ ♪ the best way to get together is with a treat you make together. ♪ ♪ she pretty much lives in her favorite princess dress. but once a week i let he

snapchat picture that helped rescue a sexual assault victim. >>> plus, infested. a new report has philadelphia on top of the list of a creepy crawly problem. you'busted tail.rd. and impressed the boss. maybe, it's time to be your own. transform your career with strayer university's mba program today. let's get it, america. >>> 26:24. missing talent agent is found dead. 57-year-old was found in wooded area of his hometown. investigators do not suspect foul play. authorities say the cause of death will be determined after autopsy. disappeared early last week. one of his clients, will and grace star, debra messing tweeted this out. i just heard the horrendous news. such a gentleman. my deepest condolences. tragic. oscar winning actress viola davis also tweeted this out. relationship mark. thank you for seeing my talent. good bless your family. >>> philadelphia officials may be bugged by a top 20 list that the city probably wishes it wasn't on. philadelphia comes in tenth on the list of bedbug infested cities. yes. came up with the ranking of 2017. top two cities on t

now to snapchat. snap shares feeling the pressure.mpany of snapchat dropped 1% after a roller coaster day of trading. shareholders got their first opportunity to sell since the march initial public offering. joining us now for more is bloomberg technology's sarah frier, who covers snapchat. we have a chart that shows trading volume, 49 million shares of snap traded today compared to an average of 15 million. a lot of activity out there, so what is going on? >> it is the first day that some insiders can sell shares, so when you are going from being a private company with a very small valuation, now it is public, but i think the reason we haven't seen the stock dropped his many people were buticting it would drop 1%, not any crazy margin. it is already near its all-time low. it is too close to the earnings report, where people will get a lot more information about the company's trajectory. emily: that is coming up in a couple of weeks. >> that is coming up on august 10. so people are trading, and there is a lot of interest, but there is

in may before snapchat's ipo. offer was still on the table after the ipo but snapchat ceo reportedly is showing no interest in selling to google or anybody else. >>>uber is accused of renting out recalled vehicles to drivers in singapore. according to the wall street journal, uber knowingly rented more than a hundred suvs recalled for a faulty electrical component. one of those suvs did catch fire and the person inside that car did escape unharmed. >>>time is 6:45. the casino industry released new rules for promoting responsible gambling. the american gaming association wants casino owners to explain the outs of win -- odds of winning or losing to consumers and says casino's should not make claims in ads that say gambling ensures financial success. >>>dunkin donuts may be dumping donuts from its name. there are reports the company wants customers to think of it as a coffee house, not a donut shop. they're still going to sell donuts. the first test will be at a store in pasadena. >> that doesn't seem like a good id

>> then something spooky appears in the background of this snapchat video. >> oh. >> watch and decideicker. that's incredible. >> wow. >>> just because it's monday doesn't mean it's time for a real or fake with mac dreidel but it is. >> that's exactly what it means. mr. mac dreidel back in the set again. where you can keep it real like me or -- >> get the fake out. >> video number one. from viral video uk. >> that thing is the size of his palm. >> that's a gnarly sounds. if you close your eyes you think it's a jackhammer off in the distance. >> so is the noise real and also is that creature real? >> i believe the beetle is real for sure. >> seen it before on nat gee owe. >> i've had the chance to hold one of those. yes, they can make that sounds and they are that big. >> keep it away from me. >> yeah. >> that's definitely real. it's a hercules beetle. it's a specious of rhinoceros beetle. the wings make that noise when they go so fast. this all real, all scary. 100% nope on this guy. >> i want to place that on your back. >> you want to die. >> video number two. >> all right. so look c

the guy receiving the snapchat message. thank god we have so much better communications now. a lot of misinformation was based on the fact we didn't have communication delayed the response. it's been aphasing to watch. kennedy: social media has been a lifesaver for so many people. whether it's an app that turns your phone into a walkie-talkie or a young teenager using snapchat. gillian is right, it's easy to get caught up in the news cycle. the worry is we forget about this when the next catastrophe or event happens. >> trump is encouraging people and the worst they can do is make fun of his wife's shoes. that means he's doing something right. these much maligned macho men in big trucks are the guys you depend on. not some snarky jerk tweeting an obnoxious comment 1,000 miles away. kennedy: it's disgusting from either side. >> this is what happens when people look out for each other. if anybody can pull it off, it's texans. kennedy: i agree completely. harvey is expected to be the most of expensive storm in u.s. history. how is the economic damage and impact being calculated?

betty: snapchat plunging an extended trade as growth fell short.ompetition from facebook is taking its toll. yvonne: the rise of the detail means clouds are gathering over stores. but there may be a silver lining. betty: this is "daybreak asia," live from bloomberg's u.s. and asian headquarters. i am betty liu in new york where it is just after 7:00 p.m. yvonne: i am yvonne man. attention in the korean peninsula with duck -- with president trump doubling down on rhetoric in pyongyang. an ugly day ine asia after ending the trading day rough. pretty strong declines. we have been remarking how the markets have seemed resilient to these headlines coming out, whether it is on china, north korea, or russia. here we are at the second day of the big losses. it looks like the market not quite knowing how to price in these ratcheting tensions, setting you up for a pretty dismal opening in asia. there are some guests we have talked to over the last 24 hours, is this all geopolitical risk, or an excuse for investors , investments that have gone too far and are

. >>> saved my snapchat. how police say a social media app was used to rescue a sexual assault victim. and the man facing charges. >>> envelope controversy. health insurer is being accused of revealing about patience in the mail. >>> class of 202 is will also be moving in. walkers heading out in just a few hours on an annual mission to end breast cancer and raise awareness. >> three day walk begins at 7 this morning. walkers leave willow grove park mall to begin a 60 mile trek that will end sunday afternoon at the navy yard. since 2005, the philadelphia three day has raised more than $68 million in the fight against breast cancer. i've done it a few times. good luck to all the walkers. nbc 10 and telemundo are committed to helping clear the shelters. this morning look at local teens without a home are helping homeless cats and dogs. >> one philadelphia nonprofit is turning an tough upbringing to a win-win situation by hiring teenagers for an internship. all part of summer internship here. >> honestly, i was l

the victim posted two snapchat.ere's one of the prosecutors explaining how the victim managed to record the rape. >> she was laying down and had the phone located up by her head actually. shooting down. highly unusual that a victim is able to actually capture her rape on video and format and to share that. yet to come across any other cases like it. >> allen is charged with first degree rape and being held on $1 million bond. he appeared in court yesterday but has not yet entered a plea. >> michael vick's dog fighting conviction is long gone. while some have for given him it's long past some animal rights activists have not forgotten. >> protesters gathered outside arrowhead stadium in kansas to protest bringing vick along as a coaching intern. despite time served restitution and subsequent work with animal rights group some say vick deserves zero forgiveness. >> no amount of money or time served that could make up for what he's done to these poor animals. everyone says there's a lot of players that beat their wives

i feel that's story here facebook has turned its sights and put a bulls eye on the back of snapchat and doesn't everything it could to knock this things down, including what i understand from agencies, not selling within the facebook platform, in some cases offering buy one get one free. >> bundleing sort of thing >> that is really tough. >> that said, i really don't think of snapchat in the same light as i think of facebook i actually think it's a different company. and the fact that mark zuckerberg and sheryl sandberg and the team are that focused on killing the company, means to me that they're worried so if i'm evan, i keep innovating he said it yesterday on the call i want focus on tin no rate ising. a ton of things on the ad side >> that i have to overdeliver, go back to google, when i was at yahoo, the thing google was doing, i'm sure they're still doing it they were saturating the agencies with anything they wanted research, free people. free ads cutting prices, just to get market share and i think snapchat has to be really smart about how it goes to the agencies and overdeliver

camden county man who was arrested on sexual assault charges after someone saw the victim on his snapchat page has been ordered to remain behind bars until trial. judge in the case say mason mallen poses a danger to the community. police arrested at his home earlier this month. say someone who knew him called police after seeing a picture of the victim bloodied and naked on his snapchat page. prosecutors say he attacked the woman after she passed out at his home. the 18-year-old victim needed two surgeries is as a result of her injuries. >>> new video of the man police say is responsible for slashing more than 50 tires on police and emergency vehicles in camden county. police took holmes into custody last night. found him at a food pantry in camden. investigators believe he went on a tire splashing spree in somerdale. 13 vehicles hit including nine police cruisers. >>> tropical rain and high wind made conditions pretty miserable at the jersey shore. >> yes, take a look at this video from the boardwalk yesterday. vacationers still tried to make the best of the situation. refusing to waiste

snapchat has had good user growth. very good monetization.early on the advertising and they have to build more momentum. nejra: you do not think that snap is cheap enough yet to be a takeover target and it is hard to speculate but could you see facebook ever wanting to buy it? facebook always looks for platforms that struggle with monetization or user growth is good. maybe on that perspective it could be a fit. there has been press reports around facebook and google being interested in snapchat as a takeover candidate. i do not think for now we get any sense that is on the front burner. doese: user base is young, that continue, does it gather a new group of users, or does it grow with users that already has and what does it mean for advertisers? eric: they have a lot of time, a lot of user growth, and a lot of market share in the younger demographic, expanding that into 30 plus year olds is a big key question for the company. the amount of valuation people are willing to put on it. advertises want to against users that have outsized amounts o

snapchat can grow its user base to combat copycat facebook.rain to the stack is actually down, right? wow, wow. lauren: oprah winfrey doing the food thing again. she's got a new line of comfort foods coming out today. reporter: that's right. opera branching out into food printing under her own name. and i never refrigerated soups and side dishes that craft times that is going to be called that's good. the product will be healthy comfort food, sipping cauliflower mashed potatoes and will start hitting shelves this week. lauren: that's a really good name. cheryl: but it's healthy. >> i would try it. weight watchers has been a sort of success. >> she brought it back to life. she said she was sitting down eating cauliflower mashed potatoes, wishing they were mashed potatoes and had the idea of putting them together, hence the food line. cheryl: love that. we will see. we are going to get earnings from prepaid retail names. the latest quarterly results before the bell. after the close, both calls and macy's expected to have lower results from a yea

atm rooting for snapchat, least on a personal level, to succeed.a giant is potentially in this fight. what is amazon doing that could change the game when it comes to online advertising? >> it is interesting because they are one of the top 10 advertisers in the market. their potentially shrinking the market but also a big contributor. the way i think about it is when you have all of these retailers suffering in the off-line world, you're going to want to be able to go to where the attention is. the attention is increasingly shifting toward amazon. if the attention is there, i have to find a way to differentiate my product on amazon. that is where the advertising dollars open up. i think a lot of the dollars being spent everywhere else aside from facebook and google can be captured by amazon. i think what has been a two-horserace can quickly become a three-horse one. emily: if the pie is getting smaller, how much smaller does it get? >> theoretically, i think it can fall by one third. that is assuming all brands are eradicated. i don't see that happ

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that is an average of 30 second force every snapchat user.nd francis and bill certainly contributed to that count. >> nice. >> you can find this vary. >> we were ahead of the curve. >> we were. >> there you go. >> you want to see it, that is on our instagram. >> career highlight. >> straight ahead, we will show you a bmw falling from a 7th story parking garage and get ready for the biggest dualing jackpots ever. more "earning something you love" per roll bounty is more absorbent, so the roll can last 50% longer than the leading ordinary brand. so you get more "life" per roll. bounty the quicker picker upper. ♪ ♪ the best way to get together is with a treat you make together. ♪ ♪ she pretty much lives in her favorite princess dress. but once a week i let her play sheriff so i can wash it. i use tide to get out those week old stains u are free to go. tide and downy together. transitions® lenses help protect from uv rays and harmful blue light. both indoors... and out. they seamlessly adapt. so you can live the good light™. find an eyecare profe