spotify? anybody own pandora?otify doesn't -- pandora is a $7 billion company but cumulus, $6 billion with 600 radio stations. i don't understand how you get there. but candy crush did, i believe, judge, half a billion dollars in profit on this crazy game that they got where people keep extending their play and paying to play. >> two ipos. i still think this is an area, scott, where there's an attack for content and if you've got any content people want it and this is one of those kind of names. >> he suggested that -- >> that they doint even make an ipo. >> that a facebook would have a taker out. >> right. but the whatsapp deal. >> $19 billion later they're not going to do that. >> validates the business model. kind of validates the space. and so if pandora were to weaken on the news just because more competition kind of thing, i think that's the one you actually want to be buying because they already have -- they're kind of the proven business model, they're the leader, they're the first mover advantage. tough b

for more on spotify, jon erlichman is joining us from los angeles.nning to do with the money it should gain from going public? >> this is an ambitious company. there is no doubt about it. it wants to be the dominant local subscription music service. to do that, you have to be a lot of places. one of the biggest costs for any of these services is the money that they ultimately pay up to the artists. if you're trying to grow your revenue, and you have a businesslike spotify were you play -- a a certain amount per month like the netflix model, you can get more users in a market or you can say let us make our service of venable in new markets. you open up the number of subscribers. you have to hire people. you've got a lot of early-stage investors who want to make a little bit of money themselves. >> it is causing some people to worry a little bit about a market top. talking like we are about another ipo every day or another company being acquired to the tunes of billions of dollars. puts money in companies like spotify. they are incentivized to get out

the ipo friendly continues -- frenzy continues to read spotify takes the bait. good morning, everyone. it this is "bloomberg surveillance." joining me come a scarlet fu and adam johnson. >> busy friday, here you go. japan's finance minister cautions consumers on their slower spending. the government may have to increase the stimulus program ahead of the 8 -- april tax hike. spanish consumer prices dropped unexpectedly. one quarter of the spanish workforce is not working. imagine if it were like that here in the u.s.. later this morning, air force one will be landing in saudi arabia. president obama will meet king abdullah for formal meetings and then a dinner later tonight. university of michigan confidence is at 9:55 a.m. we have blackberry earnings today. we will be joined by john chen, the man who runs blackberry. he will be joining us on "market makers." >> it is more than curiosity. >> how is this company possibly going to survive? it loses money every quarter. >> the moneymaker for blackberry is going to be the enterprise customer. >> the fact that you hav

different than spotify.potify want you to pay that monthly amount whereas pandora wants you to maximize advertising revenue knowing that people will be listening and using the services more. maybe advertising does have a bigger potential than the number of people that can based -- they can get to sign up. >> i am a lean back user. i am not good at building my library. isthe number of listeners slowing down and engagement is increasing. the company is facing a different challenge. initially the challenge was to get people to use the service. they are reaching some limit and the question is how they can get listeners to listen more. >> we will be back talking about facebook's $19 billion purchase of whatsapp. what that means for the employees. that is next. ♪ >> welcome back. facebook's $19 billion purchase of whatsapp shook the technology world but what about price tag for employees? issa -- i spoke with the ceo and asked what his company does. >> wellfront is the largest growing financial advisor. we believe

i think the pirating of music is declining. >> you have done a lot of work on pandora and spotify.o youe model appeal more than others? does one seem more likely for success? >> when i think about the services, i'm so cheap i will go from one to the next as fast as i can whenever i run out of the limit of how many songs you can listen before they don't let you skip anymore. i think that's why pandora thinks about the best way to integrate ads into the listening experience and to let you listen porphyry. clearly their model is different from spotify in that spot wants you to pay the monthly fee whereas pandora wants to maximize advertising revenue knowing that people will be listening and using the services more. modelse different but maybe advertising does have a bigger potential than the number of people who actually signed up. -- sign up. >> i need people to tell me who to listen to. i may lean backlist there. i'm not good at building my own music list. >> we see the number of listeners actually slowing down quite a bit. engagement is increasing. the company is facing a different

beyonce spotify in the u.s., taking on iheart video, pandora -- >> jon? forgive me for interrupting. hold that thought. breaking news at the bottom of your screen. courtney reagan is going to bring it to us. >> that's right, scott. we do have a deal. men's wearhouse is awaring joseph a bank for $65 a share. values it at $1.8 billion. this is the company expects a 100 to $150 million worth of annual synergies. this is deal we've been expecting for some time. if you were joseph a. bank first tried to acquire men's wearhouse, they turned it down and came back. tried to acquire them and now it looks like we do have a deal. shares of men's wearhouse spiking. >> long road to a deal looks finally done. thanks. do we still have jon fortt with us? >> i'm here. >> in the last week or so we had someone on from cortz who thought spotify was laying the groundwork to work for a ipo. maybe the timing for this sort of thing from apple is not an accident. >> maybe not. spotify has been making aggressive moves, taking even mobile streaming to a free model in some cases. ap

>> because it's just easier to go to spotify in my estimation. i will buy something like namely the beatles but when i want to listen to something that's new, i'm not necessarily going to go out and spend $9.99 to buy the album when i can give them $5 a month and listen to it. >> i can answer that question. i bought an album on itunes yesterday. buy albums all the time. >> why? >> because i control the music through my house on my phone. you can't use, you can't control spotify through the remote feature on your phone. it has to be in itunes -- >> depends which product you use. i use a product that allows you to actually play your itunes but also play spotify, pandora, other things as well. depends what product you use. i have a similar system. >> well, that's amazing. my dream is to have sonos but i sort of jerry-rigged the air play $99 into the $150 receiver so i'm kind of creating a fake sonos for a lot less. >> i like it. it's the best thing about being in my apartment. >> invite us over. >> sure. sure. >> thank you very much. >> you bet. >>>

adam: twitter has a few announcements of its own and details about spotify, what you need to know with jo lin king. >> twitter shares bouncing back after hitting year to date lows on the announcement of a new partnership with bill board. the new strategy is all about conversations about music, and real time charts, attracting conversations among millions of tweets and celebrities you like to follow. this happening a week after twitter yanked its stand-alone music apps from the itunes store conlan and spotify might go public later this year, the streaming service moving toward the fall ipo for online publication. earlier this year, it got $200 million in credit, another step towards potentially going public and getting back from credit suisse, goldman sachs and morgan stanley according to the ft. but that the competition here. according to it is and research spotify was bogged down with a itunes radio, pandora continuing to dominate 31% of market share. speaking of ipos, the internet ipos, a king and can be crushed, in negative territory according to the logic, king is not very well but

and last year spotify received $4 billion.illion active users, 6 million are paying subscribers. that's spotify. ross? >> thank you for that, seema. interesting you talk about google, there's backlash in san francisco banning them in bars and cafes as well. it's just an interesting thing going on. thank you for that, seema. there's a side panic in the willows bar that features a picture of the wearable computer with a slash over it. along with a message saying customers have expressed concerns of being recorded while enjoying themselves. we'll see what happens with that. >>> other news today, consulting with five media companies is putting the cars.com online listing on the auction block. the wall street journal says the group hhl bellow is seeking up to $3 billion. potential bidders could include private equity firms. last week classified venture sold its other apartments.com for $86$860 million. >>> coming up, is the bull run going to roll on into a sixth straight year? we'll look ahead to today's session coming up. >>> u.s.

so much easier to plug in the song on spotify, jo. >> absolutely.he future. >> liking the music theme right now, guys. speaking of music, looks like songs about heartbreaker they pay off actually. you get your heartbroken and make a lot of money. taylor swift topping billboard annual moneymaker list thanks to touring, cds and digital downloads. the pop singer raked in $40 million in 2013. this is taylor swift's second time topping the list. thanks to touring dollars, she raked in close to 36 million bucks. rounding out rest of the money makers is kenny chess any, justin timberlake and bon jovi and iconic rock band, rolling stones. taylor swift, no boy should date her but she will write about you after it is over. good for her making all the cash. adam: at least she won't tweet about it, right? cheryl: exactly. adam: hog-wild. understatement when it comes to hog prices which hit another record high today. jeff flock is live in chicago. jeff? >> back in the pork shop kitchen. take a look at that that is a pork belly rolled up and turned into pastrami.

is music streaming service spotify going public?e u.s., the sweden-based company is talking with goldman sachs about obtaining a new credit facility, according to people with knowledge of the matter. spotify has acquired a company that analyzes listening behavior. yesterday i spoke with google executive chairman eric schmidt and the director of google ideas. more of that conversation now. we talked about mobile and the future of self-driving cars, as well as the google plan to bring broadband to places around the world. >> there are more than 1.1 billion users, and we activate something like 1.5 million a day. that number is growing dramatically. it is a huge life form success. it is free and is extraordinary. you now have a battle between the iphone and the android phone , and that fight is producing enormous cost-savings and volume-savings. on the cell five and driving cars or the driver-assisted cars -- on the self-driving cars, it is much more likely that you'll be driving the car, but the car will be smarter. it will be a long

role.l have no he will not give up a seat on the board of spotify and other companies.im? what if he known for right now? he has a few start up see is involved in. with a groupd video chat. no one has heard of it. will call. no one has heard of that. it is a mobile calling company. his wedding though, we can all talk about that. and he got an $80 million townhouse in new york city. -- 89 r townhouse in your city. ofthe wedding was billions dollars. that is what he is known for. napster, facebook, what is next? >> that is the question. >> he still have a lot of money. >> a judge with the transportation safety board fine.rns a drone operator the faa said that they have no authority over small unmanned aircraft. trying has been unsuccessfully to restrict them. a drone will come out of a skyscraper this weekend for trish regan with any will go to bergdorf and fly something that. are you kidding me? class we will have drones flying around new york city? >> they plan to integrate drones into the u.s. guys in the next few years -- skies in the next few years. innovation techno

companies coming up include grub hub and perhaps spotify as well. state run news says authorities are moving to block access to youtube after an alleged audio recording of a meeting between turkeys leaders leaked on you tube. interventi intervention. >>> users can tag each other on images attached to tweet. if you attach four images you can only include those in one tweet and every time you tag someone that eats into your 140 character limit. >> twitter accounts can be more valuable to scammers than your credit card information. hackers try to get information about twitter accounts because people often use the same passwords on many different accountants. if you're figure out their twitter, you probably figure out their bank account. their passwords are sold online and can go for as much as $2500 per accountant. >> the twitter accident is not monitored at all, you can take a few days. >> i'm less careful. i don't do any banking or secure issues in a public wireless position. >> after the massive security breach at target, the black market was floode

it would block early availability of those albums on streaming services and competitors such as spotifyaccounts for 80% of all sales the u.s. and in the meantime many radio service growing very quickly. checking apple shares right now, apple trading up $4, we will also check pandora which at last check was down about 4.66%. pandora tends to move conversely. but at the moment pandora have it tough intraday. the closing bell ringing in 14 minutes. china planning reforms to free up its market, because they have held them a very tightly and in a way some said manipulated them. does this new change me an opportunity is for u.s. investors, or is the chinese economy a disaster in the making? we will look at likely scenarios. as china goes, so goes her money. we've seen that in the past. we are looking toward the future to help you. ♪ [ chainsaw whirring ] humans -- sometimes life trips us up. sometimes we trip ourselves up. and although the mistakes may seem to just keep coming at you, so do the solutions. like multi-policy discounts from liberty mutual insurance. save up to 10% just for combi

as i said, i will use the radio version of spotify. i will use pandora on my iphone.ice that apple has. the key to keep people properlyd is if they place the ads. as soon as you hear an ad, it is possible that you just leave. that is why they want to leave the ads out for now. -- givethey went to get people another reason to buy one of their devices. incentive.ere is no if their incentive is we just want to get people to buy galaxy phones. that is the real purpose. is my opinion as well. they are utilizing music and content to create a lifestyle brand. they have been successful with their marketing. think about allen at the oscars. they have been -- think about at the oscars. there is an argument that artists should not participate in streaming. they are getting screwed. they get slivers of pennies. they can negotiate better deals and they have a rights management people that are doing that. they can handle it in a unique way and set up a way where people can make money. >> you mentioned the other services that you use. galaxy phone, can't to use other radio streaming

spotify, pandora, itunes radio. >> who wins? >> it is a tossup between pandora and spotify.s yet of equality -- >> i use iradio a lot. it is nowhere near the quality of spotify. >> bit of a shameless plug. >> that was a shameless plug third let's have a conversation on king digital. adam, have you ever seen an ipo tank like that? >> no. down 16% of their one -- day one? >> bondage? vonnage? >> think about it, this thing got priced, michael wolf, at 9.2 times earnings and it trades down 15%. >> i think it is all about the doubts. it is one game, candy crush. are they a one-hit wonder? it follows with the problems with other companies -- would you wolf, what advise them if you were a board member of king digital? >> i would show the pipeline of new games, i would show how much they can continue the momentum of candy crush. >> this brings us to our morning must read. a columnist at bloomberg you talks about king digital getting candy crush but it is not just king digital. he says the companies looking to go public, what is the lesson they take away from king digital? >> they ar

anybody here use spotify? [ cheers ] spotify is a music streaming site.to their music these days. "warning: public use may result in your friends finding out that you enjoy the 'frozen' soundtrack." [ cheers and applause ] you know what? if you have a problem with your friends enjoying the "frozen" soundtrack, warning: you're a monster. [ laughter ] and you should take a page from 'frozen' and 'let it go'." [ cheers and applause ] that's a good soundtrack for everyone. on to books. everybody loves a good book. can't imagine what sort of warning could be on a book. "warning: use of this product could make nearby individuals say, 'ooh! check out mr. intellectual over here reading a book." or, 'well! if it isn't old ernest hemingway himself, ladies and gentlemen.' or 'make way, make way. the king of harvard. professor bookington iii and his merry pages have arrived. ba ba ba ba!'" [ laughter ] any three of those -- any three of those could happen. [ applause ] >> seth: a new york bodega umbrella. if you live in new york, you sometimes have to get an umbrella

meanwhile music- streaming service spotify could add an ipo to its playlist. news site quartz says the company has talked to investment banks about going public, this fall. among ipo-s already in play...shares of trinet group jumped 19% in the first day of trading. the payroll services company opened on the new york stock exchange under the ticker: tnet. it's a healcare related stock that is getting a boost from obamacare. king digital the maker of candy crush contines to get slammed in the market. the stock fell another 2% thursday after losing 15% wednesday. traders are on the lulu look out. shares of the yoga and athletic wear maker rallied 6% yesterday after reporting better than expected profits in the fourth quarter. however, it did say it profits this quarter may be weak. the brand recently launched a new clothing line that expands into everyday wear. a new round of corporate earnings is less than two weeks away. and there may be jitters over how much the weather slowed consumer and business spending. however, the just released numbers on corporate prof

the popularity of different streaming services and the sort of algorithmic needs culture you see in spotify and pandora, things like that. those are the, i think those are the areas to watch to see, you know, how -- and as well as things like youtube, right? where now that bill ambassador is charting -- billboard is charting partly based upon youtube plays, that sort of has shifted a lot of the landscape of pop music in the united states is understood as. we're talking today the day after the grammys, and you could very much see that schism between the old guard and the new, i think, yesterday in the attempts of the grammys to bring them, force them together in different kinds of mash-up and medleys. but it remains to be seen how well they'll be able to do that. >> host: just a taste of alexander russo's book, "points on the dial: golden age radio beyond the networks." booktv is on location at catholic university. >> we'd like to hear from you. tweet us your feedback, twitter.com/booktv. ..

it has been gearing up to challenge the market leader spotify.t price were could be looming in the cell phone service sector. if he cannot buy t mobile, he will start a massive price war. he said buying t mobile would give sprint the skill to compete with at&t and verizon wireless. he made those comments in an interview with charlie rose that airs tonight. fuse is trying to buy the cable tv channel to the tune of $200 million. he plans to convert fuse into his existing cable music channel them a revolt tv. have you ever watched it? >> i have not. >> i am not a diddy fan. >> there are not enough hours in the day to watch all the channels out there. >> it's not at the top of your list. >> what about football? >> that's the only thing about daylight savings time, you are one hour closer to football season. today free agency starts at 4 p.m. if you are a free agent, this is your lucky day. we are joined by eugene lee. , an agent to the free agents. know if there will be that much interest in santonio today. there will be a big market for younger guys

they have built up a very strong catalog of songs, 20 million songs, put them on the same feed as spotify are rolling out more services. analysts say that you need between 5 million and 10 million subscribers to make a streaming music site profitable. we don't have those numbers yet, but you would expect that if and when they come out with those numbers, they will try to reach those figures. >> onto another hip-hop entrepreneur, sean combs has bid around $200 million for cable channel fuse. if he is successful, he plans to turn it into an extension of his startup. in an interview, he explained why he started the network in the first place. platformdoesn't have a like it used to. back in the day, they use to the american bandstand. before that, there was ed sullivan. there was sole train. there was a place you could go to for music, to tell your story. ourselves going to "dancing with the stars" or performing on "good morning america." music is getting consumed at its highest rate ever. at concerts are at one of the highest rates ever. i saw the opportunity. >> from music video to video ga

spotify may be getting closer to an ipo.sh streaming company has secured a line of credit. organ stanley and goldman sachs are among the banks that arrange the credit line. bp has a net loss of $654 million in federal contracts. that makes it the biggest loser among government vendors. it has been barred from new federal contracts since the gulf of mexico oil spill in 2010. that is today's company news. >> we must go to asia. on the telephone we will talk about the missing malaysia flight. just simply, what is new? what is the to do list for the nine nations? >> there is nothing new. there are new -- no answers. toare looking for clues as what happened. there is no discussed call -- distress call or sign of the plane. nationse nine involved. nothing so far. >> you fly around asia all the time. suggest that security at the different asian airports that you run through is more lax? compare to the u.s., i would say yes. it is more like malaysia compared to new york. when i went through security last night, there was a fingerpri

spotify has declined comment. after 2 years of testing, it is here. the waffle tocco.dwich rolled up by taco bell today, a waffle shaped like a tocco stuffed with eggs in your choice of meat, bacon or sausage. this is a move by taco bell to break into the breakfast business. open at 7 a.m. to lower the early morning crowd. what do you think? >> i am not into that. i think that they have done too far with the waffle tocco. would you feed that? >> no. >> is is where you don't fit into that. >> i am not eating a waffle tocco. i am an advertiser's worst nightmare. my kids will not be eating waffle toccacos. nadella isceo satya making his debut, he will make his debut in san francisco and introduce office for the ipad. joining us is our bloomberg west editor at large, cory johnson and the senior analyst at stanford bernstein. he has a $47 price target on microsoft shares. cory, why don't we start with you. you are out there and you will see office for the ipad in a few short minutes. how important is this for andone like nadella microsoft? >> it is a symbolic thing for micr

it is an opportunity for other companies likes bod spotify in others to offer different type of apps. it is a new place for apple ios. thank you all for weighing in. we will continue to follow this one as it develops. pinterest is one of the hottest social media sites around. the ceo then silverman started a slew of other companies before finding the winning company. mice closes interview with sil bermann coming up. ♪ >> entrepreneurship is an important life skill, so important a nonprofit called telld" is working to inner-city children how to build businesses. he shares his own words of wisdom where he was honored over the weekend. he started no less than five companies that all failed before founding the online piboard side. heaistarted out by asking why built it. >> i've got the mission was really cool. i think the idea of getting kids excited about entrepreneurship is a really good idea. it is so applicable to real life. sometimes we'll can feel a little abstract and not connected to their day to day. >> why do you think it is important to teach kids entrepreneurial skills to get

the ipo friendly continues -- frenzy continues to read spotify takes the bait.everyone. it this is "bloomberg surveillance." joining me come a scarlet fu and adam johnson. >> busy friday, here you go. japan's finance minister cautions consumers on their slower spending. the government may have to increase the stimulus program ahead of the 8 -- april tax hike. spanish consumer prices dropped unexpectedly. one quarter of the spanish workforce is not working. imagine if it were like that here in the u.s.. later this morning, air force one will be landing in saudi arabia. president obama will

among them, spotify, the music streaming service has started informal talks with investment banks.all ipo is possible. any echoes of the 2000 bubble? >> it seems to be a little untethered to the fundamentals of stock analysis, but having said that, people have said that for a long time in the first bubble. i'm not sure this is a bubble or not. but for someone who has been living in the real world of earnings-per-share, there is the psychology behind it right now. it is the reverse and financials. in some instances now, you are seeing the strategic deals antichrist as well as the ipo -- strategic deals not be price as well as the ipo's. >> a ceo spoke earlier with scarlet fu on "market makers." >> cbs has had a content strategy and to that extent we have been somewhat not -- it will re-energize our team and having management that right from the top focuses on outdoor will be good. i think we will be happier having all the capital allocation decisions in our hands rather than having to chase capital around within corporate. >> cbs outdoor is considered a media company. that you wante

dre use the money to challenge spotify and other streaming services.he asian military says that the malaysian flight that went milesg was last detected west of course of its flight path, which means that it flew for roughly one hour with its transponder and tracking system turned off. the airplane was carrying an ibm ofcutive and 20 employees austin; dr.. dr. -- semi conductor. >> i think that this is a huge deal. he really believes he is going to convince washington to let this go through when there is every indication that at&t and t-mobile, when they were going to merge, they suggested that they were not allowed to gobble up anyone bigger. is tooot someone who reserved. >> and he is not pulling any punches. quite a character. let's take a look at what he said this morning to the u.s. chamber of commerce. take a listen. less democratic, but pay more? pay more by $1.7 million. is that a good situation? falling behind. speaking, there are, about u.s. global broadband falling behind. why is it more expensive and slower than the rest of the world? when t

another story about spotify, acquiring echo net.em inside track what listeners may be looking for of the back to you. cheryl: nicole, thank you. adam: the s&p 500 hit another new intraday high as stocks rebound from yesterday's losses. economic data helped move markets higher today. brad macmillan, cio of commonwealth financial volatilie as violence in ukraine continues, plus we get the jobs numbers tomorrow. brad, which will drive markets more, the jobs number tomorrow or volatility overseas? >> i they're both pointing in the same direction, actually. i think the job number will come in lower than a lot of people are expecting. i would probably say around 125,000 and the market is price in a lot of positive expectations about the resolution of the ukraine situation which i think is probably going to be too optimistic. adam: in fact i think your quote on that is that the reaction yesterday, is the quote the reaction today, but probably more hopeful than rational. would that not apply to today's run-up on the dow? >> i think it will.

i see you're using our spotify. >> i'm playing lionel richie. >> give me five.r tweeters, fans, twitter people. robin? >> hi, hamilton. >> kristen has agreed to answer a question. and one of our viewers right now has asked, what is your favorite style of pizza -- thin crust, pan, new york, or chicago? >> are those my only choices? i like thin crust -- i really like spicy pizza. there's a place in los angeles called lucifer's. they put a lot of spice in it. >> it can be questions about just about anything. and, of course, you have probably seen it. there's our twitter mirror. would you be kind enough to do a selfie with us? >> sure. >> i think i just -- >> the camera looks about right. >> ready everybody. >> where do we look? >> right there. say cheese. there you go. check it out on twitter. we'll post that. and we'll talk more with kristen about her new movie, "veronica mars." it's back. stay with us. right here in social square. >> hey, there. you want to play? [ laughter ] >> put the ball in. >> come on in. >> oh! >> nice! >>> good morning, i'm kristen sze. fr

be careful spotify. thank you so much. that is all we have, hope you made money today.ay. have a fantastic weekend. "countdown to the closing bell" starts now. ♪ cheryl: as the economy finally gone from its own polar for tax? more americans than expected got jobs last month but the unemployment rate picks up slightly, chief economist and all-around superstar diane slump on what the jobs report means for the fed and your money. ready to change course midstream? you still look for work but may be in a different field? we have some sites for you. the new dot.com that promises to transform your job searching experience with the help of videos and photos. a potential killer. we have an exclusive

be careful spotify. thank you so much. that is all we have, hope you made money today. we will see you on monday. have a fantastic weekend. "countdown to the closing bell" starts now. ♪ cheryl: as the economy finally gone from its own polar for tax? more americans than expected got jobs last month but the unemployment rate picks up slightly, chief economist and all-around superstar diane slump on what the jobs report means for the fed and your money. ready to change course midstream? you still look for work but may be in a different field? we have some sites for you. the new dot.com that promises to transform your job searching experience with the help of videos and photos. a potential killer. we have an exclusive interview with the ceo. is it a bird? is it a plane? it is a drone. a federal judge throws out a challenge to commercial drones potentially clearing the way for amazon or even your local liquor store to start delivering what you want whenever you want to where you want. "countdown to the closing bell" is what you should watch for your money, starting right now

but this is a mainstream product here in a way that spotify would love to be and itunes is not.this thing. we have to figure out howç to sell ads against this stuff. >> michael, peter, thank you very much. the stock down by 1.57%. >>> at wholefoods, employees can look up anyone's salary or bonus from the previous year all the way up to the ceo level. the co-ceo says the policy so to promote transparency and healthy competition in the company. we asked you to weigh in. >> should you know your colleague's salaries? this is surprising. 51% said yes. i thought it would be -- now, maybe people are thinking this poll is like would you want to know, not should you. >> and some of the comments that go with it for those that say you should know, you know, we're living in the modern world. it's about transparency for most competition. it aspires you, et cetera. i'm not telling you. >> up next, the starter ferrari. speaking of better pay. ♪ ♪ [ tires screech ] chewley's finds itself in a sticky situation today after recalling its new gum. [ male announcer ] stick it to the market before y

maybe change the name to spotify mansion. >> biggest thing gotten small so far is the stock price. this is really amazing. here is a company that lost money for investors for 30 years and it is still in business. >> yep. >> for now. you know, so they say they're closing stores. but the problem is, that costs money in the short run to close stores. that is problem eventually for their liquidity. melissa: ed, how do they turn it around? they have done a great job of getting small. they have to ramp it back up. >> they're doing it. they're designing themselves. they basically hit rock bottom. got liquidity. five years worth of liquidity on balance sheet. they're focused on supply chain management. they have a long history of that. i agree they have done a terrible jobs for years and years and years. you know what? focus on next great thing. they will focus online sales. and focus on stores that profitable. they got rid of waste. >> you know what i would be a buyer of that stock right now. >> i would love to believe raid grow shack make as come back. i want them to have jobs. looks to

love spotify. >> my wife likes etsy. you very much. >> sure. >> sue. >> ty, the new york times taking a big gamble to try and boost it's ad revenue but is it blurring the editorial lines. morgan is on that story for us. >> blurring the lines or ensuring financial survival. we'll explain to you can decide after the break. after the break. ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all on thinkorswim from td ameritrade. ♪ from td ameritrade. so our business can be on at&t's network for $175 a month? yup. all 5 of you for $175. our clients need a lot of attention. there's unlimited talk and text. we're working deals all day. you get 10 gigabytes of data to share. what about expansion potential? add a line, anytime, for $15 a month. low dues, great terms. let's close! new at&t mobile share value plans our best value plans ever for business. >> for $8

twitter, you confined me or the book on facebook, go to my web site, kayla williams.com and buckley on spotify, and hear the music that was going on, a different way for you to connect. i am happy to open up for questions but let me warn you, if you do not ask questions my book club until you i'm very good talking so i will continue to run off at the mouth about the things that interest me. thank you again for coming. please come up and ask questions. if you don't do that i will talk about what i think is interesting or start reading use sections of the book. no takers? i will grab my copy. someone is -- please make response. >> i don't even know how long i talked, i it squeeze 30 minutes into i showed up late. that was great. yes, sir? >> i am a reader of doonesbury and comic strips by garry trudeau and wondering if he ever contacted you because i keep thinking about it while you are talking, and it is about characters that kind of did what you did. >> i love his troops. he has done a great job bringing attention to military sexual trauma as well, sexual assault in the military which is the t

you can go to my website and you can look me up on spotify and hit a playlist that i develop to go with this book so you can hear the music that i was listening to as this is going on, if that might be a different way for you to connect. i'm happy to open up for question but let me warn you if you do not ask questions, my book club can tell you i'm very good at talking so i will continue to run off at the mouth about things that interest me. so thank you again for coming. please come up and ask questions that you don't start doing that, again, i'm going to talk about what i think is interesting or read sections from the book. notetakers, all right. i'm going to grab my copy -- somebody is coming. please, no. make her stop. >> i don't even know how long i talked. i tried to squeeze 30 minutes into i showed up late, so let me make it fast. that was great. >> i'm a reader of doonesbury comic strip, by garry trudeau. and i'm wondering if he ever contacted you? because i keep thinking about it while you were talking, and it's about characters that kind of did what you did. >> i love his stri

they're up against google play and spotify when it comes to streaming content.ival, you can only access it on an apple device. they have an edge with that. and they're bringing big names. and this event is getting attention. it makes it the hottest ticket in town. >> cadie, thanks for joining us. wearable technology is one of the hottest topics at the festival. a huge endorsement from a well-known man. take a listen. >> my goal is 10,000 steps. one step, i can see my feet stepping. it gets me back into great athlete mode. if i do a lot of stuff doing the day, and let me look. 4,000 steps. it's almost 12:00, i got work to do. it forces me to get on the treadmill. >> i'm sorry. >> josh and shaq are the same height. some people didn't know that. >> shaq is a huge man. okay. he doesn't have a deal to endorse wearable technologies. >> and talk about a large endorsement. this is a guy, i believe, is straddled the role between sports athlete and pop icon and people actually listen to him. he's a cool cat. and josh better be careful. >> how do you play wearable? the bes

it is up to challenge spotify for exclusive music rights and raising money in a painful way.at washington state that is torturing its students with justin bieber music, students have been forced to listen to justin bieber's hit song baby on repeat between classes all in the name of charity. it is child abuse. the school is raising $500 for orphans in gonna and they won't stop playing the song until students and teachers have given enough to meet their goals. how long could it possibly take listening to that music? one franchise is flying high, business at skies no indoor trampoline park is jumping through the roof. here is the ceo jeffs. welcome to the show. you have a total of hundred franchisees'. do you know how much jumping bubble? >> absolutely is. we are looking to bring more physical activity to communities around the country, something we feel is needed. melissa: we love franchise owners on the show. in this economy and what of times you have to make a job when you can't find a job but this is expensive. the franchise fee is $60,000. your total investment can be $800,

this temporarily would block them from appearing on rival streaming services like spotify and pandorae need a couple seconds to pad ourselves on the back about audi. >>> over past year defense stocks outperformed the market with some names surging 80 to 90%. last july, watching here and seeing "barron's", senior editor jack hough predicted one defense name, raytheon was set to beat the market. of course it has surging 40%. will defense companies be able to keep up this pace? how will rising pensions impact the sector? jack hough, after forementioned is here to talk about that with us. congrats on raytheon. you think it has more room to grow. we'll talk about that in a second. first of all, the entire sector has it become too frothy? >> i wouldn't say frothy but this sector doesn't have a lot of growth right now. chief appeal of big defense names everyone had run away from them and you can get them at nine it 10 times earnings. she is priced right in line with the market. david: whole sector all-time high right? >> >> people were anticipating doctor cronian cuts to the sector. david: w

so far only spotify and i heart radio are compatible. not hearing that google maps will work with it. so apple will force us to use apple maps which up until now, has received a lot of negative feedback. >> okay but so far, vol sew, mercedes-benz and ferrari. >> yes. in the market for a new car? >> i'm in. >> maybe we can split it three ways. >> it's got to be a 2014 model? >> yes absolutely. no word about being able to upgrade just yet. >> all right sharon thanks. >>> well, time now for a look at what's coming up later on "cbs this morning." >> okay, we're going to get to norah o'donnell in just a moment but right now we're going to take a little break. we'll be right back. ,,,, [phones rings] it's amanda. hey sweetie. what? okay, i'll send it. one hundred seventy-two dollars for a chemistry book, what is it, made of gold? just use citi popmoney. boom. ah, she's feeling lucky. hey sweetie...cancun, yeah no, you'll be spending spring break with your new chemistry book. with citi popmoney it's easy to send money to just about anyone, anyt

and i sit like a weirdo in my corner with like my spotify.ap. that's weird. i don't know. if this journey, is eleven minutes --" >> seth: and they're like, "wrap it up, everybody!" >> right! >> seth: we're shutting down. >> and then i miss the -- yeah, like a big operation of karaoke. but "marnie" would just be like, kanye west "stronger"? yes! [ laughter ] i can do that. >> seth: i will say, everybody talks about like, "breaking bad" has the most like, white knuckle moments in television. for me, when "marnie" is about to publicly sing, i'm like, "oh, my god! [ laughter ] when is she going to learn her lesson?" >> pollos hermanos is in danger. yeah, no. it's really -- it's so fun to do. >> seth: yeah. >> just know that. >> seth: yeah. >> but it's excruciating to watch. even for me. >> seth: yeah. >> i find myself yelling at the screen. like, "i hope they cut this! they changed, they must have changed her somehow." >> seth: it's such a good show. >> thank you. >> seth: "girls" airs sunday nights at 10:00pm on hbo. [ cheers and applause ] alli

. >> you're not using spotify or pandora.nderstand group shark is completely free. >> you have ads. >> there might be screen ads but i never hear an added. -- an ad. >> it does come up with an ad about every 15 songs or so. no one that i use. >> the kids are not paying for anything. problem for the industry. onif i hear something i like group shark or satellite radio -- i want to give the artist that money. >> let's get to oracle, shall we? kind of a big company. short of estimates. it is very slightly shy of estimates. oracle is very heavy in the cloud software business which has been a strong business but there is a lot of competition from rivals, microsoft among them. it could be the competition aid and its numbers. they are down 6.5% in the first reaction to the numbers. they actually lagged what we are seeing in some of the tech rivals. is the only place they will see it. >> mitt romney is saying i told you so. the former massachusetts governor blaming president obama for failing to act at the right time during global cr

. >> they have built up a strong catalog of songs and put them on the same beat as spotify.e rolling out more and more services. at the end of the day, analysts say you need between five and 10 million subscribers to make a streaming music site profitable. we do not have those numbers yet. theyould suspect that if come out with those numbers that they will try to reach those figures. >> thank you so much, christina. coming up, if you thought you were cool wearing those headsets, what about stone ground whole wheat bread and quinoa at the local health food store. that is the next big thing. whatever kind of seed. medical marijuana is giving it colorado and the bottom line a lv boost. "in the loop" will ♪ be back in two minutes. >> in today's this first that, bill ackman is renewing his fight against herbalife. called it aan, who pyramid scheme. he'll make a presentation on herbalife in china. he says he will use documents gotten from a former employee. they show that they violated china's laws about direct selling and multilevel marketing. ackman shorted herbalife stock in a

. >> $100 million -- is that enough to outspend pandora or spotify? to outspend apple which now has apple radio. it doesn't seem to have the same kind of track -- same kind of traffic. >> it is going to be tough, but let's look at the dynamic. this is a subscription supported business model and they're going to charge a lot. >> are you a subscriber? >> i'm not. >> most analysts say to make the business model work, you need between 5 million and 10 million subscribers. they have not released the numbers yet, so we can guess they are nowhere near that subscriber base will stop but they are going to need more and more capital to get there. this aree behind willing to write checks for these guys. these guys want to be around cool people and pick up the phone and call luke wood. >> but remember the trap of film finance -- we've seen this happen in the film industry time and again. pockets want to roll with movie stars and they get burned. >> a do and that's a risk here. but these guys have established themselves as a savvy businessman with a headset busine

1.4%, working with the record companies trying to see if they can have a little grace to beat out spotify and others. we will see whether or not they can use their multiples to do that but trying to beat the streaming services. your smart phone is now like the sony walkman. they want to try and control the downloads. have the users with smart phones are streaming a little les lessn that are doing downloads. stuart: i just have to figure out how to use this thing properly. nicole: details. stuart: thanks, nicole. we appreciate it. time is money. he is 30 seconds worth of headlines. microsoft xbox one highly anticipated sci-fi combat videogame released today. the company hopes the release will boost consul sales. so for the playstation for has been outselling the xbox one. the chairman wants to buy up t-mobile. if a deal happens, it would combine the number three and number four wireless companies. an app that can tell you how you are feeling. speak into your smart phone and 20 seconds later it gives you an emotional analysis. i bet you cannot wait for that one. not a good sign for the mill

you can go to my website, and you can look me up on spotify into the playlist that i develop to go withhis books he can hear the music i was listening to when this was going on, if that might be a different way for you to connect. i'm happy to opened up for questions but let me warn you, if you do not ask questions, my book club into a very good at talking so i will continue to run off at the mouth about the things that interest me. so thank you again for coming. please come up and ask questions. if you don't start doing that, again i'm going to talk about what i think is interesting or read sections from the book. notetakers? all right. i'm going to grab my copy -- somebody is coming. please, no, make her stop. >> i don't even know how long i talked. i tried to squeeze 30 minutes into i showed up late and that was asked so make it great. >> i'm a reader of doonesbury comic strips by garry trudeau. and wondering if he ever contacted you, because i keep thinking about it while you were talking, and it's about characters that did what you d did. >> yeah, i love his strips as well. i think

played song on spotify globally. ♪ if you gave me a chance i could take it ♪ it's a shot in the dark up hot dance electronic charts with the song hash tag selfie. it's in the top ten in itunes. the video not quite suitable for our program so we're going to have you listen. ♪ ♪ >> this sounds like the other side song, "gentleman." is it different? >> there's no singing. >> by the way, this is the instrumental version. so there's some language in there. >> so there are words? >> yeah, but words we can't play on tv. >> that's chain smokers. and our last one is "have a nice day," it's a synchronized robotic dance video by the japanese group world order. check it out. ♪ have a nice day ♪ ♪ ♪ have a nice day >> i'm voting for them. i'm in. look at them go. it's like magic mike. >> you got magic mike on the brain today. >> do you like the first one, clean bandit, "rather be," second was chain smokers and that last one was "have a nice d day." >> hold on a second. i'm not going to the weather map. let's hug it out. >> oh, a nice moment. >> nicely done. >> it's a nice moment because there's a

>>> coming up there's a breakout r&b star mack wilds at spotify in our social square. >>> you know tristaninated for a grammy in stores now. won't you get ready, mack about to own times square with the lead single "own it." mack wilds, it's yours. ♪ ♪ ♪ hey hey hey new york ♪ ♪ i mean i don't though where you are in the world right now, but i need you to get up out of your beds right now and rock out with me for a second, all right ♪ ♪ we're going to have a good time. you ready hey hey ♪ ♪ come on back ♪ nothing's too much words that i live by that's just how i do do i do ♪ ♪ i'm young right now but i won't be forever so i'm gonna live it up like that's true ♪ ♪ you might wanna roll with me too hey ♪ ♪ i don't mean to brag but i live a life that most can only dream about yeah ♪ ♪ so baby come be my dream girl pick a fantasy and let me work it out ♪ ♪ we need some help y'all sing the song ♪ ♪ tell me where you want to go what you want to do ♪ ♪ said we living it like we own it own it own it ♪ ♪ said i'm on top of the world what i need is you ♪ ♪ said we living it like we own it own it own i