>> i don't have issued with spotify.k there is a platform fans won't go to for taylor swift. people will go back to spotify because they are fans of other things that aren't being pulled off of spotify. >> josh, do you have a question here? >> i do. thank, mr. cents. last month at the christmas in brooklyn show l.l. cool j. brought cannabis on stage. is there chance for similar reconciliation between you and ja rule. >> i don't know why they did that. i didn't know l.l. was rapping still. i thought he was doing csi. >> let me ask you a question if i could. back to the beats thing. what was your first reaction when you heard that dre and jimmy were getting $3 billion for beats from apple? >> i was blown away by it. i was blown away by the idea of it. i was like did it happen yet? they announced it too early from people knowing it was happening. i was like i hope it happens. as they acquire for that then it absolutely creates a value for where i'm at. >> are you going to resell? >> at some point. we'll see what they talk a

>> radio breaks music and always has. 70% of spotify users discover music on fm radio. i think when you look at spotify that is a replacement for the cd, for itunes downloads and i think people like taylor swift are saying i'm not sure it is big enough to warrant it being there. better economic outcome. those are decisions i think the artist has to make and that is the future about the music business. >> interesting time for the music business. thank you for joining us here. back over to you, mandy. >>> thank you very much julia boorstin. we will get back later on in the show. >>> the obamacare reality is beginning to hit taxpayers this week simply because it is making filing your taxes a lot more difficult. however, the nation's best known tax preparer is about to make unique offers to you. stick around. >>> it is day one of the new session of congress and we already have some pretty dramatic news from the capital and the white house. we have an update for you live just ahead and also if this new year's sell off makes you want to take a stiff drink you are not alone. o

are there records or recordings i should say, that i love on spotify that have disappeared from spotifyave lost the rights of those. do the right of certain tracks become a more valuable item or the permanence of those rights and the losers who lose those rights, to hurt the service overall? >> yes, you have hit upon something. this is the teething pains of streaming. downloads, bands like ac/dc, led zeppelin, the beatles. >> ac/dc. where is ac/dc on spotify? exactly. >> ac/dc only got onto itunes a few years ago. ac/dc is pretty conservative when it comes to digital. the sort of artist made their money when life was really simple. you sold little, shiny discs, and people came to your concert, and that was it. nowadays, it is far more complex. you look at the way a taylor swift makes their money, the way these guys have made their careers, they have to be thinking about 6, 7 eight main sources of income simultaneously, so without trying to be critical of those old guys, change is difficult, and technology can look really unnerving, particularly when you're jumping into the unknown, whic

there are recordings that i love on spotify that have disappeared from spotify.ey lost the rights. do the rights of certain tracks start to become a more valuable item? what about the experience of those who lose those rights? >> that's an important point. these are the teething pains of streaming. we went through this with downloads. several old bands, ac/dc - >> where are they on spotify? >> they only got into the game a few years ago. they are conservative i comes to digital. these artists who made their money when life was really simple you shelled -- use old shiny discs and that was it but now it is more complex. you look at the way taylor swift makes money and their careers, they have to be thinking about 6-7 8 income sources simultaneously. without being critical of the old guys change typical and technology can look unnerving particularly when you jump into the unknown which is happening with streaming. ultimately, give it a few years, more and more of these artists will finally understand that streaming is where it's at whether it's the future they want.

i know you are an investor in spotify and pandora. can apple continue to dominate music?i don't know that it's domination. i think there is enough room for all these platforms because people want to consume in different ways and there's so much content. >> you are also a tech investor. >> yeah. >> you have invested in spotify, uber, pinterest -- how are you getting into these deals? what attracted you to technology? >> when i was in college, facebook launched. i actually e-mailed the creator of facebook, which was on the contact page. there was one profile picture and responded with eduardo salverin. i didn't know what it was going to become. i said we should build this thing. i still have the e-mail. mark has decided to bring in more schools. at this time, we don't want to bring in any more investors. >> you are making movies. "the giver." you are making tv shows. how is that different from making music? >> my mom isn't very impressed with anything i do in music. but introducing my mom to meryl streep at the premier of "the giver," it's the best. >> how about the show sc

and rapper jay-z is taking on beats and spotify.e has launched the nordic music streaming company aspiro. he spoke to andy chen about the service and how it stands up. >> we are offering a higher quality service across all devices. we have integrated video. it was a very important part of our future strategy. we are the only service provider that combines audio and video. >> of all the earnings and quarterly updates in the last week, perhaps amazon's business results are the most important in the world of technology. they posted fourth-quarter profit of $215 million. the shares are on fire this morning at about 14%. perhaps the biggest revelation is the rapid growth of aws. for the first time amazon says it will break out revenue from amazon web services for 2015. the cfo talked with us in a conference call, saying we think this is an appropriate way to look at our business. amazon has never done anything like this before. the cloud engine is powering all kinds of companies. it is also the very thing that is pressuring companies lik

there are recordings that i love on spotify that have disappeared.y have lost the rights to those. do the it's too certain to ask start to become a more permanent item? and will the experience of users can those rights start to hurt the experience overall? >> these are the teething pains of streaming. ac/dc, led zeppelin, the beatles. >> where is ac/dc on spotify exactly? >> ac/dc only gone on to specify a few years ago. they are pretty conservative. these sort of artists who made their money when life is really simple, you sold at little shiny discs and people came to concerts and that was it. nowadays, it is far more complex. when you look at the way someone like taylor's best, the way these guys make their money, make their careers, they have to be thinking about six or seven or eight sources of income simultaneously. without trying to be too critical of those old guys change can be hard. that is exactly what is happening with streaming. event a few years. more and more artists will finally realize streaming is below the future lives. whether they

including pinterest, spotify, airbnb, spot box, and uber.ll these valuations have been going through the roof. some market watchers are wondering if this is the ultimate sign of the top. now, i have to tell you something, that thought is not far fetched not at all. i'm the only person to say so, the internet rally came to an end in amsterdam when the world online made its debut. although the revenues were only $64. it was the largest -- it was the biggest european ipo. it was oversubscribed 29 times. they go public. everyone is partying. the first night of trading, the company ceo nina is talking. has the champagne in her hand. i sold all my stock for significantly less what everybody in the world had just paid. that was the beginning of the end. all right, guys. that brings us to our next real, real deal. matt, i have to tell you something. you know, i love that these hot ipo are all-american companies. born from genius. backdrop of capitalism. what do you think? is it the sign of a top? a lot of people are saying this is the gold rush. all

despite h highly publicized stand agn spotify. >>> start new year by welcoming a new family member.t humane society is discountill dogs over 30 pounds on the 3rd and 4th of january. the animals can be adopted for $30. you can take advantage at two locations. foster animals are included in this promotion. >>> this is your last chance to visit thtihires museu at nationbo they planvetohe district a trsn maryland. they wantcrts program sceccsili to metro. some exhi w rete to d.c. pu lesusm finds a neac >>> ready for a new era to begin. d.c.'s ne mayor prepares to take offi in the hours ahead. we'll take a look at the events planned i your day ahead. >>> and if u plan to attend any of those events take a live look outside. we've got cold temperatures to end off the week. we are talking some rain for the weekend. you don't want to miss tom's forecast. and following breaking news on the road. stay witus. news 4 connuju aew minutes. >>> right on news 4 today, ready to t a new era. the transition of power in d.c. the day ahead as muriel bowser is sworn in as mayor. >>> thinge bit warmer than

. >> introducing spotify. >> a world of music. >> whatever you want. >> whenever you want it. >> i usedthey cost money. now spotify gives me any song i want right now for free. ♪ yes, there are commercials, but no commercials if i pay $10 a month. i love it. even more, i love ways. have you heard of that? it's a new navigation system. a few years ago we got gps that guides us and keeps us from getting lost, and that was good. but now thanks to this free download, i know exactly how to drive there and almost exactly when i'll get there. i can relax. i no longer obsess about whether i should get off the highway now and take third avenue or stay on the highway. the waze computer filters information from thousands of other drivers to tell me exactly what i need to know. >> you'll always know where you're going. community alerts for accidents hazards and traffic, let you know when there's something to watch out for. waze, outsmarting traffic together. >> yes, it does outsmart traffic. and it's completely free. happy new year. i can't wait to see what innovators bring us in 2015. it's good to

streaming sales increase thanks to spots like spotify. they expect the trend to continue as extremely comes more and more mainstream -- as streaming becomes more and more mainstream. not everyone can use smartphones. a tech company has created the first ever touch-free phone. paralyzed users can now control their gadgets. >> this engineer fell off a letter and has been confined to a wheelchair ever since. he now can use a smartphone. >> this age of technology --all the features with the internet on the phone. >> he coinvented voice command which works on the world first totally touch-free smartphone. you can operate the phone by human movements. he can now use most applications and enjoy the probably see -- the privacy of making his own calls. >> we couldn't even tell he was moving his face. we did a lot of work on the algorithm. >> he and his coinventor hope the technology can be applied to everything that requires touch even driving. >> there's been a long period. i had to take care of every aspect of his life. and now he became more li

spotify -- you can discover new music based on what you like already. the app will point fans of elvis presley towards chuck berry or 80 cochran. 0-- eddie cochran. you have to hover your mouse over the track and see if you like what you hear. last weekend saw the annual no pants subway ride. thousands to part this year lets to the amusement of other passengers as we can see in this video which you can watch in its entirety on youtube. m pacifica this is democracy now! quick 50 miles north of damascus were on thursday, rebel fighters captured two positions previously controlled by the government. we're hearing some automatic and five from surrounding area. the government apparently has told them they have until tonight to surrender and if they don't it will face a counter attack. >> in july 2012, freelance journalist austin tice posted

spotify and seasony have linked up. -- sony have linked up. [indiscernible] it launches sometime this spring for ps4 and ps3 as well as sony's smartphone and tablets. you can sign up for spotify with your existing playstation network i.d. >>> an internet tv streaming service has launched this week. insiders expect to see more of these options soon. they say at&t is likely next up to the plate. verizon also wants to launch a similar service later this year. internet tv streaming service. >>> the week leading up to super bowl sunday is big business in a couple of industries, but tv would be one of them. the consumer electronics association found in recent years, more than one in four hdtv owners bought their tvs specifically to watch the big game. analysts say now is a good time to buy, emily in the big screen -- especially in the big screen department. the sells price for a 60 was 169 lower. >>> ads will include awed toe play video which are in facebook's news feed. posts during the game will trigger which ads you see. >>> finally sunday super

the music streaming service spotify said that the taylor swift controversy didn't slow them down oneit. it currently has about 60 million users in total. the search came despite increasing competition and the decision by taylor swift to pull her entire catalog from spotify in november. >>> a new gadget may make that engine light on your dashboard less of a mystery. verizon wants to put a virtual mechanic in your car. the company has a device you plug into your dashboard. it can diagnose what is wrong when a troubled signal pops up on the car's display. it will provide in depth info on the problem and what it will cost to fix. the device will work for any car made after 1996. >>> facebook could know you better than your friends and family. a new study shows a computer can determine your personality by using your facebook likes, by looking at just ten likes, the computer can predict a person's character more accurately than a co-worker. with 70 likes, the computer did better than a friend. and 150 likes, well it could know somebody better than even a family member. i don't know about t

consumers switch from buying songs online from services like i tunes, they switched to sites like spotify. laura, back to you. >> good to see you, landon. >> playstation gamers are getting a big thank you from sony after enduring a three-dpa lockout from its gaming network. hammers bomb ban $. . >> it's 4:45 right now. a gift when it comes to weather. if you like it chilly, it's cold out there. >> some like it cold. christina, how are you? >> and some like it hot. it's a great movie, by the way, if you haven't seen it, if you like a classic. this is taking a live look at our watches and warnings right now. we do have a freeze warning in place for most of the bay area. if you're going to be headed out and about, if you pets this morning, you want to keep a close eye on them and bring in any sensitive vej taj that could be damaged by the frost. when we're talking about a freeze warning, we're talking three or more hours of temperatures near freezing. although you're at 40 in san francisco, i think some spots are going to wake up, a little bit of frost, especially right in the heart of downt

fun is a $2 billion company and it made its name investing early in new companies like facebook, spotify and spacex. and now they are betting on pot. >> we discuss all our investments for a long time so particularly in this space obviously we did a, you know, extra, extra deep dive on the business. >> reporter: the business is recreational marijuana now legal in four states and medicinally in more than 20. brendan kennedy is ceo of privateer holdings the parent company of three cannabis brands. >> raising money is always difficult but raising money in this particular industry is the hardest thing i have ever done. >> reporter: but founders fund is backing kennedy's company because they see a future in what's already a $40 billion business in the u.s. this analyst warns investors to beware. >> a lot of people think they will be able to sell illegal goods at illegal prices. competition won't allow that. legal cannabis is going to be dirt cheap. and i think a lot of people are going to lose their shirts trying to sell it. >> reporter: if they don't get arrested first. under federal law, mar

spotify, pandour that, do that on -- pandora, do is that on wi- fi.and you can still stream it when not connected to wi-fi without cutting into your data plan. and then gaming. so don't worry about things like trivia crack and words with friends. those games are totally fine. but when you're talking about live action gaming like racing games and action games, those tend to take a little more data. so -- in the last thing i recommend is going to your settings and on android and iphone, you have a settings area where you can actually view which apps are using how much data. so you can kind of use that to make better decisions. >> pandora. when you're streaming music, it's kinging up on the phone? >> absolutely. and in fact i have a number of parents -- >> sometimes i just leave it on and go mow the lawn. >> 115-megabytes per hour. over the course of a month you know that could take up a big chunk of the bill. >> all right time to look at the bill. >> all right thanks sharon. >>> it is 6:52. the trial begins today for the man accused of killing a dozen p

they've teamed up with the likes of spotify.y needing to sign these deals to keep building their consumer base. this is a company that seems to be big on expansion plans. >> how unique is the valuation in the u.k. tech scene? >> that is the key question. we all want to see more billion-pound companies coming out of the united kingdom. it is pretty surprising how many we have actually had. shazam is kicking off 2015 to a nice start. a tech investment bank, they ran some numbers last year. 30 european companies founded since 2000 have a valuation of above $1 billion. that is only nine less than the united states in a decade. that's not that bad. you had european companies, yandex in russia skype, asos all these companies born in europe. the u.k. has managed to do 11. they had asos, spotify. we want to see the next line. who are the next ones hitting $1 billion? is it going to be the likes that we are currently looking at? a business company could be looking at raising money. these are the next generation that we want to see. guy,

sony is hooking up with spotify for playstation users. music will be available in the spring. sony will shut down the existing service which costs $10 a month. >> now to francis rivera and sports. good morning. >> hi, bettiment let's get started with the australian openment serena williams defeated 19-year-old madison keyes. she faces maria sharapova who beat makarova. the women's single final is saturday. >>> to the nba. kyr are kyrie irving scored 55 points including 11 threes on 19 attempts. the cavs win their eighth straight game 99-94. >>> in college hoops an acc showdown ends with an upset. duke fell to notre dame. 77-73. >>> real madrid star rinldo got a suspension. he kicked one opponent and then goes so far as to hit another in the face with his forearm. he will be elable to return february 7 versus atlantico madrid. >>> a statue offer any banks is on display now. the statue was taken out of storage to give fans a chance to remember the former player. he passed away of a heart attack. he was 83. a fitting way to remember. >> absolutely. all right. thank you. >>> heari

besides a stand against spotify in favor of pprjÑdownload-only sale ls ls lss.to you. >>> a cold start this morning, but it is clear. we'll see a lot of sunshine today. it is the weekend that will see some big changes. wet weather for today just have to deal with the wind which is blowing the flags in center city. 33 degrees at 5:26. katy zachry has traffic. >> good morning to you, bill. a live look at 476 at the toll plaza. it is free and clear of any problems. very light volume on the majors throughout the area. our first accident of the morning has been reported. it's in new jersey. i'll have the details coming pup. >>> this it morning we're following a hepatitis a alert. >> a number of places where people have been exposed is growing. monique braxton is following the developments this it morning. >> reporter: good morning, the hep a alert has five places this morning including this club a y in hamilton township. details after the break. >>> a health scare that started at a popular south jersey restaurant expands. two more people have tested positive for hepa

. >>> spotify, playstation, will be available this spring will sony will shut down existed music service that costs $10 a month. frances, back to you. >> thank you very much. a big upset in hoops. sports is next. care of intimate odor. vagisil odor block wash stops odor from happening for all day confidence. when you feel fresh all day you feel confident. vagisil. your intimate health experts. we used to have so many empty rolls! (cha-ching!) (cha-ching!) (cha-ching!) it felt like we were flushing money away. mom! that's why we switched to charmin ultra mega roll. it's charmin quality and long lasting. with more go's per roll, it pays to use charmin ultra mega roll. charmin ultra mega roll is 75% more absorbent so you can use less with every go. plus it even lasts longer than the leading thousand sheet brand. for us, mega roll equals mega value. cha-ching! we all go. why not enjoy the go with charmin ultra mega roll? let me get this straight... [ female voice ] yes? lactaid® is 100% real milk? right. real milk. but it won't cause me discomfort. exactly, no discomfort because it's milk wi

. >>> sony is hooking up with spotispo spotify to launch for its playstation network.ony will shut down its existing muse you can unlimited service which costs $10 a month. back over to you. >>> the second sierra snowpack survey of the season getting under way in a few hours. christina mentioned it earlier in the show. the department of water resources is predicting above normal temps and below normal snowpack for today's survey. the first survey of the year last month found a little more than 21 inches of snow on the ground. now it's more than last year but not enough to impact the drought. the snowpack supplies about a third of all the water needed for the state's farms and homes. >> or we need a series of super soakers and lots of snow up there. >> we do. christina, you've been talking about the snowpack, not expecting big numbers today. >> no, we probably won't get big numbers today but we have a more optimistic outlook as we get into february. everything could turn around, sam and laura, and that is the good news. more good news to pile on top of that, since we ca

in honor of his 80th birthday today, they are launching a whole new album on itunes, they have a spotifyey are getting towards where you can walk around with an ipad and you can use ibeacon to see some pretty cool images. they are even looking at launching a hologram show in las vegas. so they are keeping elvis alive, literally, with technology. >> not literally because i saw him pumping gas today in marin county. >> conspiracy theorists may think that. he is making money. >> he is at the exxon station right now. maybe chevron. it is great that they are doing this and keeping the property alive. or is a great book about the rise of elvis that talks about how new technology of that era allowed him to make these new records, allowed him to get on the radio, helping to become the national thing. >> they say he was on the cutting edge of technology. >> do you like graceland? >> more than half a million people come here every year and they spend money, and guess what, we got sucked in. we spent a lot of money on the souvenirs. >> thank you very much, shelby holliday. you can get the latest on

twitter and, in fact, twitter is 22% of the portfolio in the fund, and so it currently owns drop box, spotify, lyft and other names that could go public. so really this is a play on the technology that it is at a big discount to the $14 nav, and kind of an easy way to own twitter and have the ability to profit if any of their portfolio companies go public. david: good stuff, guys, thank you very much, have a great weekend. jason pride, chuck chef and mark. good to see you. >> good to see you. david: overstock is chugging along most recently with online sales, pushing up 60% over the past six months but the competition is fierce. how does the online retailer plan to beat out competitors and increase market share? joining us, he's come to new york city, patrick byrne, overstock.com founder and ceo. you were in the news because of a streaming service. >> you never know what news is going to get. i was just down on tuesday, and we are going to be announcing streaming digital media, books, movies. david: to compete with amazon and the rest of them? >> tied into our loyalty program, club o, the mos

spotify's looking to raise roughly 500 million dollars.he music streaming service reportedly working with goldman sachs on a new round of private fund-raising. the move could push back potential ipo another year. >>> ten cent will become the nba's exclusive online partner in china. the company will run live nba games and other programming on websites and mobile apps. >>> and don't forget, you can catch a brand-new episode of my show "strange inheritance" monday night on fox business network. fox business, giving you the power to prosper. >>> the united nations high command planned a second front invasion to be the beginning of the end of the european war. >> d-day for operation overload was fast approaching in may of 1944, but america's number one ace in europe, bud mahurin was on the ground in france and caught up in a suffer real nightmare. with the help of the french resistance, he was able to avoid the gestapo while hiding in hey stacks while awaiting rescue. >> the airplane that was to pick me up got shot down. and it took about four

. >> we have a news report on spotified. >> that is right. sources tell me they are working with goldman sack in the early stages of doing a private raise of about $500 million. my sources tell me the valuation here would be north of $7 billion, perhaps even as high as $8 billion. the company is trading in the range of $6 billion in the secondary markets. this would be a way for the document stay private longer, melissa, as it continues to grow. >> who says amazon can't make money. the stock is popping after hours. is it too threatt buy this stock? that is next. and visa on the move after reporting a four for one stock split. all of the after hours action coming up next on "fast money." >>> earnings sending amazon higher in the after-hours. michael, what do you look for in the conference call? >> you know, i think the point here is that they have shown that they can control spending. that has always been the story. nobody questioned that they will grow the top line and see increasing margin. everybody wondered what are they go to spend money

that's despite taylor swept's stand against spotify. she pulled her songs in favor of download only sales. audio and video streaming rose more than 50% in 2015. speaking of music bono says he may never play guitar again because of the serious injuries he suffered in a new york city bicycle crash last november. in a message overnight on the band's website, he says his arm was so badly broken a bone came through his skin and tore his leather jacket. he has canceled public appearances for first half of the year. as for never playing guitar again, he is known as a sipgnger says his band mates reminded him neither they nor western civilization are depending on this. good he can have a sense of humor about it. >>> an illinois man is recovering after a surgery that was the result of an injury more than a half century ago. he was in a car crash in the '60s and ever since then he has had metal in his arm. that is until this week. 15 years ago, he found out a piece of the turn signal from his '63 car was in his arm. look at that. he says it never

airbnb, spotify. smash burger. dropbox. a lot of companies. (?) clint, just out of curiosity, you know what it's like to build a business and then sell it. there are a lot of private investors, listen, i don't need to go public. so much vc money swirling around. even fidelity willing to invest directly, what do you think of the ipo market. >> i wouldn't touch it with a 10-foot pole. for regulators to come in my house to tell me what do. it's not my thing. i want to stay private. they're throwing a lot of good money after pretty weak ideas. dierdre: the only reason to go public is if you want to buy a company overseas and you need a ledge myization of your brand. and you need more capital. >> in 2015, there's so much capital available without going to the ipo market. i wonder if it will be less of a euphoric market than they are expecting. some of the markets are operating illegally in a number of cities, states, and countries. dierdre: you want to cough and say uber? >> even ai airbnb. i get confused on the valuation on these guys. despite operati

. >>> sony is joining up with spotify to launch a new music service on its playstation network. 64 million users will be able to access playstation music this spring. they'll be able to choose from millions of songs and background music for their playstation game. sony will shut down the existing service called music unlimited at the end of march. >>> an investigation is under way into an alleged sex scandal within the philadelphia fire department. we'll tell you what the accusations involve coming up. >>> plus security will be tight for this weekend's super bowl. we'll show you what is being banned from the stadium area. >>> our region woke up to another blast of subfreezing temperatures. a live look in center city where things are warming up a bit. we're tracking snow for tonight. glenn "hurricane" schwartz is here with the forecast. glenn? >> we do have at least some snow in the forecast. this is not a lot of potential here. it will move through pretty fast. the flags not blowing very much. we don't have a lot of wind during the day today, which is fine. 21 degrees in allentown and read

months after pulling albums off spotify show is trade hits from songs "party like it is 1989," where" is not a trademark phrase. stay tuned. release a devastating avalanche of taste on your tongue. bury yourself in the flavor full of sweet icing and filling. call off the hounds! rescue is unnecessary. pillsbury toaster strudel, the snow day of breakfasts. ring ring! progresso! i can't believe i'm eating bacon and rich creamy cheese before my sister's wedding well it's only 100 calories, so you'll be ready for that dress uh-huh... you don't love the dress? i love my sister... 40 flavors. 100 calories or less. ♪ with kaiser permanente you'll connect with your doctor any time anywhere. another way care and coverage together makes life easier. ♪ become a member of kaiser permanente. because together, we thrive. ♪ >>> whether you are just joining us or headed out the door seven things to know: san francisco firefighters are keeping an eye on flareups after massive fire in the anything district. one person died and six are injured investigators say they do not believe the first was suspici

of course, taylor removed her music from spotify, the world's largest online streaming service, in order buy her records. at this stage, taylor hasn't been granted any of these trademarks the in the united states. so if they decide she can't have this sick beat well i guess she'll just have to -- ♪ shake it off, shake it off ♪ >>> just to remind you of our top story here on "gmt," south africa has granted parole to a notorious death squad leader from the apartheid era, eugene de kock. the justice minister said the decision was taken in the interest of nation building. >>> that's all from "gmt" for today, but now what's coming up in "impact." >> thank you very much philippa. do join us in a few minute's time but in "impact," i'll be looking at the view that's been handed by the education minister. we'll also be setting the dilemma for japan's government as the hostage standoff continues. that's all coming up with me in a few minute's time. we'll see you soon. we love... love... love... chocolaty, creamy... with a little something extra. mmm deliciousness. cookies or almonds. yumminess. he

. >> taylor took her music off spotify.there or more of a statement. >> well, it's a different statement certainly. i think it's consistent. i think right now what taylor is responding to is the sense of control and empowerment. and that's the kind of thing that, you know fans could be really turned off by the notion. instead they said yes, we support that this should be a commercial transaction and brought it in numbers. i think there's an understanding if someone is going to profit from her work it should be her. and we'll see, she's saying look, you are the ones making these popular. you are putting these in the common long waj, and why should some other party profit is somebody is going to make -- now what i think ari said what's promotional and what's exploiteded. just expressing their love of taylor. but she is so finally tuned. she's tuned to her fans at such a fine frequency, that i think she'll be able to present this as listen, this is just about an artist should be in control of the way they're put out into the w

of course, taylor removed her music from spotify, the world's largest online streaming service, in ordermore inclined to buy her records. at this stage, taylor hasn't been granted any of these trademarks in the united states. so if they decide she can't have "this sick beat," well, i guess she'll just have to -- ♪ shake it off, shake it off ♪ >> well with me to discuss this a little further is katherine. many thanks for joining us. this is just an aspiration on taylor swift's part at the moment, but can she do this? >> absolutely. she can apply for trademarks in whenever countries are of interest to you. she's american she's applied the to register her trademark at the uspto, the government body in the state which grants trademarks. the important thing, though is that if her applications are successful, that doesn't mean to say that these words will be taken out of the dictionary and that no one will ever be able to use them in any context. there's penguin books and penguin biscuits but people generally don't eat books or read biscuits. when you get a trade macmark monopoly it's specific

but i think idea of a per person subscription more like netflix or spotify might be part of the future>> the next hour of cnn newsroom begins after a quick break. don't go away. terprise and you can move the world. ♪ ♪ but to get from the old way to the new you'll need the right it infrastructure. from a partner who knows how to make your enterprise more agile, borderless and secure. hp helps business move on all the possibilities of today. and stay ready for everything that is still to come. you give... and you give... and then you give some more. but sometimes you get. and so you take. tylenol® cold is strong enough for you while children's tylenol® is gentle enough for them. we give you relief from your cold and flu. you give them everything you've got. tylenol®. >>> good tuesday morning. i'm ana cabrera in for carol costello. thanks for joining me. we begin this hour with the mystery of airasia flight 8501. the search area expands yet again and the challenges have never been greater. this morning, an exclusive new look at the american efforts aboard the uss "sampson." the destroyer

these are partners like spotify.re tens of thousands of smaller businesses that rely on a dropbox to run their business. >> what you think of the regulators? >> they are concerned about how we protect user privacy while enabling investigative authority to do their jobs when someone is suspected of a crime? we take trust -- it's very important for us and our users. when we receive an inquiry from government, we disclose that to our users. we think government will evolve in the dialogue and we are part of it. >> story things in the cloud it does it make us dumber? >> it makes us smarter. you have access to all of the information that helps you do your job or live your life. >> how many phone numbers do you have committed to memory? >> probably none. i don't need them. >> with that, i know you still remember all of your phone numbers, francine. we will send it back to london. we will have more throughout the morning. >> i don't even know my own phone number. >> i do. i sometime forget my wife's that is dangerous territo

now people are listening to spotify or music on youtube. youtube is 40% music.mazing to 40% of the videos are about music. we think that is a big change. we are making to look -- create products for that. >> in his era when people are listening to stream the music, does that mean recording artists put less of a premium on the quality of the sound? i'm sure you will tom reed at is not the case. do you need to have such a high quality sound when people are not forking out to buy the stuff? >> we used to worry about that as mp3s came along. at the production level, the customers are musicians. they care about the sound quality and they wanted to sound the best it can. lately, there seems to be a reverse in what people are listening to. final is coming back. people are buying more expensive systems that are higher quality, higher bandwidth standards. the tide has reversed which makes it more important to record in high quality. finally, there is the archiving. who is what people are going to be listened to in -- listening to in 10 or 20 years. >> how easy is it to r

we have integrated spotify and others where you could shazam and listen within itself. on something i were users haven't been able to do before. listen to the music after they discovered it. other partnerships, we happy to be partnering with people like apple. you could use the voice recognition system to use shazam . other other big corporations we are in discussions with. for us it is helpful. we have over 500 million users. 20 million use shazam today. to grow that -- there are 6 billion people in the world that have a mobile phone -- we would need strategic partnerships. cooperation is helpful. >> what is the conversion rate? that people look for the song and buy it? >> we sell 500,000 songs every single day. we make it easier for people's daily lives. >> thank you very much. congratulations on the fund-raising. andrew fisher of shazam. >> coming up, our favorite stories. call it a draw in china. ♪ >> just an hour away from european trading. calling it later -- apocalypse later. the article says those two like economic statistics are probably better off not seeing h

jay z is taking on spotify. bought swedish company for $56 million.in scandinavian countries. and eli lilly out with earnings this morning. the health care giant beat estimates by 2 cents with adjusted quarterly profits. revenue was slightly below the street's forecast. ceo john lechleiter told us it has an impact on the top line but they are not adjusting earnings guidance for the year. >>> dartmouth college attempting to curb dangerous behavior among students. they are banning hard liquor on campus. forbidding pledging at fraternities and sororities. and they must take a four year sexual violence prechbs program. that's a big move far school like dartmouth. >> it is. >> fraternity culture. it's a thing. i was part of a fraternity. maybe it's a generational thing. in universities across the country where it disappears. >> but no hard liquor on campus. so they will be checking? it sounds a little bit like prohibition almost. it's going to be difficult. >> what do you do off campus? so many live off campus. >> it just moves everything off campus. >> ri

sony has announced a partnership with spotify to create playstation music.l be available on sony's playstation games console and smartphones and tablets. the company is closing down its own music service sony unlimited. how is the k getting on? -- how is the u.k. getting on? the nation of angels, the name of the largest study on impact of business angels in the u.k. to date. we're joined now by the chairman of angel. caroline hyde is also here. we should probably also mention that. good morning. you have invested in a whole load of companies. that's great. we will talk about that. in the survey angel investing has become a bigger and bigger theme in the tech sector here in the u.k. and backed up by some really phenomenal tax incentives. can you give us a sense of whether are not great texans and tips been greater levels of investment? >> from everything we've seen from the survey, and it looked to 400 investors and asked them detailed questions about their investment appetites, how much they are investing, and details about tax incentives they're taking adva

. >> they made their name in vesting early investing early in facebook and spotify. now pot. >> was there a discussion? >> there was a lot of discussion particularly in this space. we did an extra, extra deep dive on the business. >> the business is recreational marijuana. >> is it a watershed? >> it is. it's really important for the entire industry. >> brendan kenty is ceo of privateer holdings the parent company of three cannabis brands. a company that grows it in canada, leafly that offers different pot strains in stores and marley natural owned by bob marley. >> how difficult is it going to be raising money? >> raising money is always difficult but raising money in this industry is the hardest. >> they're backing companies because thaw see a future in what they say is already a $40 billion business in the u.s. >> we will see it transition transform from being a market that's based on prohibition, an ill lits market to an open transparent market. >> ucla's professor mark kleman who studies the can bus marketplace warns investors beware. >> a lot of people are crow

spotify is working on a new round of fund-raising. they're looking to raise $500 million which could put it's valuation north of $7 million. the move could delay plans for another year. they now have 15 million paying customers and another 60 million that use it's free service. wilfred back to you. >> thank you very much. >> coming up on worldwide exchange we discuss the rise of on demand services for everything from taxis to restaurant take aways. that's an exclusive coming up next. >>> from 17% to 15% the rouble has slid on the news. 2.6% down for the day. 70.58 session lows. >> what does this mean for u.s. futures? arrows pointing to a lower open. the do you with a negative move. lower oil prices plus a hawkish tone from janet yellen that weighed on investor sentiment. let's focus on tech. it's investing 25 murder in the second degree in u.k. start up. they have 2 murder in the second degree in assets under europe. they join us now in an exclusive interview in studio. pleasure to have you on. >> good morning. >> let's talk about th

people flokd to spotify and pandora.ng increases more than 50%. >> simon hobbs is in europe. >> the u.k. france and germany are negative. peripheral europe doing well. everybody is back at work together with the exceptions of the swiss. euro zone trading data wasn't very good today. the big news out of europe and it's why you have seen potentially the move in treasuries in this country is the interview draghi gave. it took the euro to a fresh four and a half year low. the head of the european central bank said the risk of deflation cannot be ruled out completely. but is limited. people might expect prices to fall even further and postpone spending. we are not there yet but we need to tack this will riskle this risk. that is a clear indication they may go towards sovereign purchases as part of a broader qe framework. it pushes the spanish and other italian yields down. and the banks higher because they are sitting on that debt. in the meantime a lot of people might find it quite strange but lithuania became the 19th membe

led by names more like deezer and spotify and to some extent of pandora. the offline mode you could get your music even if you don't technically own it. mp3 style and listen to it on a flight or offline. really is a game changer. we see that as a market apple needs to get into and they have the captive audience. they can push it out through ios, huge platform for them with a growing market share and like in many things by the way, the apple platform user is a bigger spender on streaming music just as areas and other areas and we think let's be honest. i tunes is a runoff business and need to compensate for that and be the cool hip place for music and the ipod put them there as cool and hip and that's where this story of the new consumer facing apple began and they need to keep their eyes on that ball. >> all right. dawn, max, good to see you both. thank you for joining us. happy new year. >> thank you. >>> kayla, would you wear a smartwatch? >> you know, i've tried a few of the other fitness wearables. i like them and more information about how much you sl