and sony's playstation four goes on sale there, but with certain drawbacks. time now for the bloomberg top headlines. a strong u.s. dollar hitting tiffany hard. not only is it losing tourism, but reducing spending. profit will fall due to those issues. in the fourth quarter, profits down in all markets except asia pufk pacific. its fourth batter profit was up 298% from last year's loss. phillips has reached a deal to sell its lighting units. private equity firms agreed to by 80% of the unit. phillips and rival siemens have been looking to exit the bulb business to enter more lucrative medical tech markets. and google created a tablet to help doctors fighting ebola. replaces shouting pulse and temperature through the walls of high-risk contaminated areas. this tablet has a thick, waterproof case so it can be dumped into a chlorine solution strong enough to kill ebola that would cause chemical burns if it touched the skin. it's charged wirelessly by being placed on a table. smartphones helping the blind and visually impaired people see? yes. you may not know it

they were waiting to buy sony playstation 4. and playstation vita. chinese authorities had band the sale of gaming devices in 2000 saying they would have a negative effect on young people. but consumers were able to buy consoles and software smugged into the market. the government lifted its ban last year. >> translator: we don't have to buy smuggled products anymore. i'm so happy and relieved. >> chinese authorities are now screening game consoles before they go on sale. >>> well many japanese automakers are expecting record profits this fiscal year. thanks to brisk overseas sales. but the outlook for the domestic market isn't as bright. that's because tax authorities will remove some of the breaks enjoyed by owners of popular mini vehicles. officials at the japan automobile manufacturers association say it predicts total domestic sales of 4.9 million vehicles in fiscal 2015. now that's down from 5.4% from the projection for the current fiscal year and would be the first time in four years for the figure to dip below the 5 million mark. just around

. >> today's bwest byte is six, the number of game titles allowed on sony's playstation 4 in china.umber considering right next door in japan, they are allowing 200 of those titles. cory: what kinds of titles are these? with a limited number of titles -- type of title. >> some of the titles they are allowing are china themed games. dynasty warriors eight, knack, trials fusion, ray man legends and mr. pumpkins and venture. -- adventure. titles not available are some of the once you might expect that make a lot of money. including grand theft auto five and call of duty advanced warfare. cory: it will be interesting to see if they limit the businesses ultimately. >> a lot of people are aware of these games. a lot of people are not used to buying them for $50. they are used to getting them for free online. it will call into question whether sony can make a profit here. cory: thank you very much the latest headlines on bloomberg.com and bloomberg radio. ♪

sony's playstation for will reach stores in china 10 days from now. -- playstation four. n on game consoles ended recently. sony is banking on playstation four to lead the turnaround. the conductor and 54 people hurt when in amtrak truck -- train struck a tractor-trailer. the third serious commuter train crash in less than two months. the plane took off from -- bound for india. it is on a historic trip. coming up, let's go shopping. the bid for -- a good day for the dollar trading at a seven-year high against the yen. more on that surge, next. ♪ >> and mover that is not a stop over but a crazy one. u.s. dollar trading against a basket of currencies. watching in particular versus the yen. the highest since july of 2007. continuing speculation we will see u.s. rates move higher that is affecting the currency market as well. hewlett-packard, we have an upgrade for that stock over ubs to buy some neutral. he says the pullback present a buying opportunity. he's looking at the some of the parts valuation of the stock. he puts it at $43 a share, above where the stock is today. we

. >>> sony playstation users will be able to expand their musical horizonians thanks to spotify.service is rolling out on playstation 3 and consoles with a new app. spotify is replacing sony's own brand, music unlimited in part because spotify is available in more countries and offers a deeper library. the service is free of ads -- free with ads or $10 a month commercial free. >> got to pay to get that clean screaming there. >>> what's old is new again. the hopes of reviving its luxury image, ford is bringing back the lincoln continental. >> the automaker retired the brand 13 years ago, but today ford will show off a prototype of the luxury sedan ahead of the new york auto show which begins this weekend. the new continental will hit dealer showrooms next year as ford aims to triple global sales. >> sounds like a "knight rider" thing going on. >>> a rough landing sends more than two dozen people to the hospital. we'll hear from terrified passengers on board that air canada flight, coming up next. >>> nfs just in to our newsroom, prosecute yours say the germanwings copilot was trea

if you look at prices already out there, for instance, we found out today, sony playstation view willr cheap 85 channels, 49 bucks. 80 bucks for 200 channels. where will you save money? you will change pie. control won't be same. consumer will control it. if you save money? don't bet on it. david: apple takes technology there find as nice way of packaging it won't save you any money. >> it won't save you any money but it will be simple and elegant. it is apple. david: adam shapiro, thank you very very much. we asked you if you think the market is overvalued. spence says the market says it is overvalued for a year. riding option is only investors have. dan says, the market is not overvalued. within a normal range. stop trying to use scare tactics on us. we're not trying to scare anybody. we're telling you what it is. the fed made the decision. that moved the markets. tomorrow it could go the other way. we hope you tune in to find out. "the willis report" is next. gerri: hello, everybody, i'm gerri willis and this is "the willis report," the show where consumers are our business. >>> ap

they had the number one console, sony playstation 4, but i can't see a lot of catalysts going forwardu've reaped those benefits, i would sell it and lighten up. >> let's get a check on shares of adobe movinglower. jon fortt monitoring the conference call joins us now with the latest. >> hey, melissa. the news might not be as bad as the numbers looked right after the bell. here's how adobe has been describing things. yes, the subscriber number was a little bit lower than wall street had been looking for, but adobe said it was in line with expectations and they don't seem to be using currency as an excuse for other things. they say that fx has had no effect on subscriber adoption to their cloud sweep. they say that the mix has brought the average revenue per user down across the cloud. people are adopting some of the lower priced offerings, but within their categories in the cloud, average revenue has been stable and they are forecasting higher subscriber growth in q2, q3, and q4 now. their guidance was a little weaker than wall street had expected, the mid-point of the guidance range i

they will put sony and playstation gamers with the pollution that will take over everything. >> okulous ownered by facebook was here as the game developer's conference to try the latest project. >> that's the secinology that fades away and you are experiencing something as if you are there. >> they opened up to 30 parties making accessories like this treadmill. what if you could run around. >> get rid of it. >> you now have a use for the room. >> that's the newest head set with the giants. it uses lasers to track where you are. >> you are not looking at something, but you are walking around it. it becomes where you are more than what you are looking at. >> they have the ability to take us to a different world. along with that comes a responsibility. everything has to work just right. or you may not have a pleasant journey. >> nothing ever blurs and moves. >> sony wanted to make it blindingly fast and comes a little delay and makes a difference. >> you make it good. that's why we focus on it. >> none of them are on sale. they are quoting developers so when you buy one you will have aweso

sony is selling playstation bureau in three cities -- playstation view in three cities.rs get on-demand and live programming. a quick correction -- i said more about roy -- rory mcilroy won the masters. he won the u.s. open. musicians and comedians and artists had to spend this the penndot or luck to make it -- had to depend on pure luck to make it. a company is taking a step further. no label come in a publishing company, no middlemen. artists and their fans connected directly. how does the business work? exactly like you just said. there is this new emerging creative class that is not 1000 people, 5000 people it is hundreds of thousands of people growing up to become creative bunch of norse. -- creative entrepreneurs. it used to be that there were three pipelines to the people. people who controlled those pipelines. it is not that way anymore. if you have something great to say, people will listen. >> how does it work? >> you create a page and then you go to your fans through whatever channel you happen ask them to help you. a dollar per video or five dollars per web c

. >>> playstation user can now access millions of songs when they're gaming. sonyd its new playstation muse wick streaming partner spotify today in 41 countries. users on the ps-3 4, and sony smartphone tablets can now link their accounts to spotify. customer who is still had active a accounts with sony's unlimited music service can also get two months of spotify premium for free. >>> you may have seen some of music's biggest artists changing their twitter pictures to blue today or the #tidalforall. it's all a sign of support for jay d's newly launched tidal music streaming service. unlike spotify and pandora, there's no free version. basic accounts cost 10 bucks a month, but you'll have access for $20 if to all they call high fidelity sound quality. >>> this case caused a lot of concern at some local bars pap local man who was hiv positive admits to having unprotected sex with women. new tonight, his punishment. and what one of the victims said today in court. >>> changing the game for nursing moms. the professional ballpark that's sporting a new vip space for a s

sony plans to begin testing its version called playstation view this spring with up to 75 channels. but sony's been vague on pricing so far. whatever the content costs, don't forget that you have to add the price of your internet service, your broadband, because you won't be able to watch any of these services without it. >>> athe photo shop maker aadobe's profits rose. shares fell initially in after-hours trading before the close. the stock was almost 2% higher to $79.66. >>> shares of mgm. resort surging on this down day as an activist made an investor presentation advocating the company convert in a real estate investment trust or a reit. the firm saying mgm could unlock shareholder value and it wants to nominate members for the company's board. the stock rose 15.5%. >>> dfw beat street's estimates on both top and bottom lines. the shoe retailer also saw same-store sales rise. it will hike its dividend to 20 cents a share. its dividend yield is around 2% were the stock grows 4% to $38.33. >>> burlington stores impressed with strong results today. earnings jumped nearly 50% in the

. >> pam: sony has launched playstation vue. 50 dollar a month subscription service delivers tv over the internet to playstation consoles and it comes with a d-v-r-like service for live programming and on-demand shows. >> pam: you can watch more than 80 channels on vue, but you'll have to pay more for certain stations. >> pam: vue lauched only in chicago, new york and philadephia but sony expects to launch vue more widely in the coming weeks and months. >> pam: the famous board game monopoly turns 80 today. today marks the 80th anniversary of monopoly.the world's best-selling board game. >> pam: the patents for two versions of the real estate game were bought by parker brothers in 1935. hasbro now distributes monopoly.and it is translated into 47 languages and played in 114 countries. >> pam: monopoly has sold more than >> pam: a full hour of entertainment news is one the way. at 7:00 it's the insider followed by entertainment tonight at 7-30. >> pam: then we're back with kron 4 news at 8:00 >> reporter: tomorrow is the first da

as this fall joining a host of tv streaming options including dish's sling tv and sony's streaming tv service playstationw. now remember that these internet services will still need a broadband connection to the home which would benefit those providers like comcast and verizon. for the media companies, this is all good news as there is another buyer for content. traditionally new entries into the space always pay more so that means that apple along with sling tv and sony are likely paying more than their traditional cable rivals. now as for the reports that there's bad blood between comcast and apple, my sources tell me that's not true. but it is possible that apple is waiting to negotiate its deal with nbc universal and comcast until it has all of its other deals worked out. why? because the terms of comcast acquisition of nbc universal cnbc's parent company, state that of all nbc's competitors are participating in an internet tv service then nbc universal could be compelled to participate as well. >> getting interesting. thank you for that. julia boorstin today in usap. bring in cantor fitzgerald manag

but maybe the gameplay will be different. >> what advantage does sony have over facebook and oculus? >> we have 20.2 million playstation already out there. we have an established base. we can control the ecosystem. the morpheus is made for playstation 4. we have known people interested in this kind of stuff and we can deliver software to them. we kind of control our own destiny. we have a new controller, the dual shock 4. every unit is the same. when a game developer makes it you know exactly how it will be experienced. you don't worry about drivers or anything. the person buying it, they know they can just plug it in. >> is the technology so unique that it can't be replicated? samsung tried to get the attention with their oculus glasses. you guys are going your own way completely. are there really essential patents or differences in the two kinds of technology between oculus and sony or others? >> there is a lot of commonality between the systems. sony has a lot of experience in areas that make sense for virtual-reality -- display audio, optics. all of these things in consumer devices. we are good at all of those thin

coming soon coming your favorite tv shows on your videogame console to sony is selling its playstation service, offering live and on-demand programs. monthly price tag starting at $50. hp taking the finalists for control of two units in china. hp is down to a pair of bidders. "in the loop" returns with much more. ♪ betty: about an hour until the start of trading. back to our breaking news desk where scarlet fu has what is on the move right now. scarlet: on the move this morning is the homebuilder quarterly earnings per share that beat analyst estimates as new orders are up 18%. the ceo indicated early results from the spring selling season suggest the housing market is improving. some consumer names also reporting results. guess sales fell 9%. the company does he a lot of headwinds because of the stronger dollar. it sells a lot in europe, 12% of its revenue from italy alone. williams-sonoma -- comparable sales missed estimates. ebay is google wallet, apple pay and facebook will weigh on paypal market share. he says it is possible google may be interested in acquiring paypal for its use

sony is trying to convince everyone that is a virtual-reality player. they unleashed project morpheus virtual reality for playstationthey intend to release the device in the first half of next year. we spoke with the head of project morpheus, dr. rick. i started by asking him, what is new about morpheus? >> actually, we had a new headset. it has new specifications and is much better than the old one. we also announced the release day is in the first half of next year. >> how is it better than the older one? >> it has a higher frame rate, a new oled panel instead of lcd, so a lot -- just much nicer on your eyes. a little later -- lighter with the view ergonomics are better. a lot of improvements. >> tell me about your expertise and why you were in rocket science and now you are in virtual reality. >> that is basically systems engineering, and games are about complex systems. hardware and software components. it translates pretty well, even though it doesn't like it might. >> what are the principal challenges? at stanford, he has written a lot about virtual, probably more than anyone. he thinks games are not the best

richard marks direct's playstation's role for sony.hard, good to see you. >> great to see you. >> tech radar calls this the answer to every gamer's dream. what is so different about the new morpheus from the old product? >> well, with the new morpheus we have a lot better screen that is instead of the lcd screen. and also it has a wider field of view and a much lower latency in persistence, so it feels much more real when you put the headset on. >> richard, i'm wondering, when this has its big launch, what is going to be the experience? what is going to be the type of game that's going to make people beyond just the hard core who already know about this, feel like this is a must-have? i mean, with every gaming system we have, the flagship game, whether it was nintendo or mario bros, things like that? >> what i think the killer is the vr, virtual presence. everyone would like to visit somewhere else, mars or hogwarts, just standing in a place like that is a killer experience. >> how far away are we, richard, from people being willing to

sony's version of virtual reality expected to be released for its playstation gaming system sometime next year. and when i say i was in, i was in! i think i'm out of bullets! need another clip. i was in a gun battle and bullets were flying by my head! it was terrifying! >> not a lot of people have had a chance to try it. they will see how powerful it is. >> reporter: it will first be vr for games and then imagine what it can do for education, kids walking on the moon, movies in 3d surrounding you. the sky's the limit. >> it's exciting for 2016 and 2017. >> reporter: the virtual is getting real. mike sugerman, kpix 5. >> you knew he would have fun with it. sony hasn't said how much it will cost. it will probably be hundreds. >>> a mother firing back at people who mocked her 2-year- old daughter online. >> i never knew people could be so cruel. >> a picture of mariah was posted on facebook for her birthday. south carolina girl has a rare genetic condition that can't be cured. however, some people decided to mock mariah and made names of her that went viral then a tv station did a story

. >> sony's morpheus has the advantage of a playstation user base facebook in contrast is trying to positionelf to help developers sell their games for a range of hardware and it's going to take a cut. so facebook should make money by selling its headset and also by selling the games. kayla? >> it's a long game for facebook, certainly, julia, making the investment in that. we appreciate you bringing us the latest. when we come back, uber is worth about $40 billion, but the company hadn't made a single acquisition until today. we'll bring you all the details when "squawk alley" returns. ameriprise asked people a simple question: in retirement, will you have enough money to live life on your terms? i sure hope so. with healthcare costs, who knows. umm... everyone has retirement questions. so ameriprise created the exclusive confident retirement approach. now you and your ameripise advisor.... can get the real answers you need. start building your confident retirement today. there's nothing more romantic than a spontaneous moment. so why pause to take a pill? and why stop what you're doing to f

sony have over dr. marks: we have like 22.2 million playstation 4's already out there.an installed base of our hardware platform, and we can kind of control our own ecosystem. the morpheus is made for playstation 4, and we have known people interested in this kind of stuff, and we can deliver software to them new experiences to them. so we kind of control our own destiny. we have known controllers. the dualshock 4 and playstation move. and every single one of these units is the same. so when a game developers makes a game he knows exactly how -- the experience. because you don't worry about drivers or anything like that. for a person buying it they know they can buy it plug it in and it will work. they don't have to worry about the complexity. cory: is the technology so unique that it can't be replicated? samsung tried to get some attention and continues to try to get attention with their oculus glasses made by samsung. you are going your own way completely. are there really essential differences in the two kinds of technology? dr. marks: there is a lot of commonality b

tt4wútiy %tá" jntq /9h tt4wútiy %tá" lzt& 7t4 ♪ >>> sony is the latest offering a streaming television service to compete with cable tv. playstations depending on the level of service. service starts 50 bucks a month and available in new york, chicago and philly. cbs, nbc, fox included but not abc with this service or other disney owned channels. not part of the package. >>> starbucks will test two with different delivery services this year. when partners with the service postmeats. to bring hot coffee to members of loyalty program. they will also be able to order using the starbucks app. the other will test -- it covers only one building the empire state building. an employee will ride the elevator from the starbucks store. i tried yesterday a latte with coconut milk. i decided to do the paleo diet this week. which means no dairy, no grains and no sugar and the coconut was really good. >> it was good. you said you started it this week but you are going to continue with it? >> i had a little rice pudding. >> you cheated already. >> yeah. >> after a week. >> i was getting grumpy. when you are grumpy and mean to people. >> this is n

. >>> sony shares are jumping after the company launched playstation view starting at $49.99 a month. it offers live and on demand tv offering 50 channels. shares of navistar are on the downside after it was downgraded. and general motors has been trading lower as well and off by 1% after announcing it is shutting down its factory in russia. gm expected to record $600 million in special charges. and those are the headlines. over to you. >>> a major story, a shooting attack at a major museum in tunisia. details are sketchy but our chief international correspondent is here to tell us what is going on. >> a dramatic situation. gunmen opened fire in tunisia's capital killing 22 people including 17 foreign tourists. a later raid by security forces left two gunmen and one security office dead. security officers filled the area after the attack and it wasn't clear who the attackers were or if they took hostages but the interior ministry spokesman said that the standoff was over after the raid. television shows many museum visitors being led to safety after the standoff. is it the first attac

sony have over facebook and oculus? >> 20.2 million. we have an installed base of the hardware platform and we can control the own ecosystem. morpheus is made for playstation. we have known people interested in this kind of stuff and can deliver software to them. so we control our own destiny. every single one of these units is the same. when a game developer makes the game, he knows exactly the experience. do not worry about drivers or anything like that. for present driving if they know they can buy it and will just work and do not have to worry about the complexity. quite is the technology so unique it cannot be replicated? >> samsung tries to get attention with the oculus glasses. you are going your own way completely. are there essential differences in the kinds of technology oculus and sony and others? >> there is commonality between the systems. sony has a lot of experience in areas that makes ends. audio, optics. obviously consumer devices in general. we are good at those things so we are a natural fit. other companies have elements as well. the devices range from a piece of cardboard all the way up to a very high end system. on the console it is m

sony is starting a webtv service. the company began selling its service in three u.s. cities today. the services $50 a month and available through playstationame consoles offering on-demand programming and 85 channels. toys "r" us is leaving its times square store. the largest toy store chain will vacate the 110,000 square foot store next year as it faces a rent increase. a single store will not replace toys "r" us. they will break up that space. cut up your bank card, thank you are -- take your smart phone. a bank is launching a carless atm machine. joining me is the vice president of mobile ranking -- banking. you roll this out on monday. how many have downloaded this mobile app so far? >> we have over half of our customer base digitally enabled, and about half of those again are using our mobile banking service and have access to our new mobile cash out. -- app. alix: talk me through how this works. what do i do? doug: it is a simple way to get cash out of our atms. you sign into your mobile banking securely and then you simply request the mobile cash option, choose the amount of money you would like, and then you select mobile cash on t