. >> amazon is not going to favor y÷ compared to let's say, spotify or pandora, that will be a challengebut amazon will respond by saying if you're a wçr(t&háhp % it is not a direct customer in the first place. >>> and focusing on music, amazon is making a bigger play< o. >> amazon is trying to create a complete portfolio of experiences for its customers from books to summer shorts to now a music subscription service. it means the full package in order to keep people coming back day after day. >>> one way to keep consumers coming back? a phone. there are reports that amazon will unveil one at an eveny@Ñ coming up on june 18th. >>> coming up, soccer fans have the world cup. fans now have "nightly business report's" new ultimate stock cup challenge. we'll explain next. explain next. >>> today, the world's biggest sporting event, the world cup begins with 32 countries battling out on the stage for ultimate prizes in football or soccer. and that got us thinking about the biggest rivals. we'll take a look at 16 companies that battle it out every day in global business and we'll have an analys

fewer new releases than spotify or pandora. >> heated. >> heated, wow.> today dan proves to be -- to the victor go -- >> but he also won the lululemon debate. >> anyway. >> anyway, on amazon -- >> i thought it was going 345. i still think it gets there. goldman sachs lowered their price far get to 400. i think it's get from 345 to 350. i think jeff basos has an event in a week or so in seat.. i think you buy it. >> let's get to bertha for breaking news. >> sycamore partners reveals it now has a near 10% stake in the company and interested in buying the company fully. the market cap on express is about $1.1 billion. it zooming higher. down 26% year to date. they do want to get some due diligence, take a look. they wanted to determine the value of the company. they do express confidence in the management and the brand. they think that's part of the reason they want to acquire the brand. so you can see there the stock shooting up nearly 20% after hours. >> thanks for that. again, express possibly -- well, who knows. maybe going private eventually? >> that's

it's been in talks with audio-sharing website sound cloud and considering buying spotify or pandora.er example of twitter maybe forgetting their main mission? >>> i say yes. our next guest joining us now with an inspirational story. and a very cool company. get this. he came to america from then-communist russia with about 25 bucks in his pocket. he drove a limo. today is -- romania. what did i say, russia? his fourth company is called tidemark. christian is founder and ceo of the start-up company tidemark joining us now with his story. christian, thank you so much for joining us. i read about it, there's no way this is real, coming 20 years ago with 20 bucks, now you're worth millions if not hundreds of millions of dollars. can you offer words of advice? basically how can we get hundreds of millions of dollars? >> well, thank you so much, brian. it's a pleasure. it's been 25 years for this five minutes. so just a very humbling experience and journey. at the root of it is really freedom. i just wanted to be free. living in communist romania, which was a very, very totalitarian state

i think it seems ho-hum because it's no competitor to a spotify or pandora.hen i got to play around with it a little bit, it is actually a pretty good server. will probably do the job of guesting people to buy more music, to stay loyal to prime. the gains will be in the back half of the year. new iphone, google's android software. not a lot to do right now with those stocks. >> i think when you talk about technology you talk about the labor costs that are starting to skyrocket because of lack of skill workers in the technology space. as and veteran broker dealer, we do our best to help military veterans find employment and the skill sets they possess being in a highly technological united states military translates wonderfully to all sectors of our economy. so our returning veterans when given a chance can help fill those positions and help our country in the long run. >> that's a great one. >> i think jon's right. the second half is going to be the tech story and you really got to begin to distance yourself now for the second half. if you continue to wait it

laughter ] also, back in my day, you couldn't just pay to stream music on your phone using pandora or spotify it on napster, just like every other hard-working american. [ laughter and applause ] back in my day, we didn't wear high-tech fitness bracelets from jawbone and fitbit. all we had was the nike fuelband. maybe it couldn't track your sleeping habits, but it was just as good at letting people know that you're a sporty douchebag with too much money to throw around. [ laughter and applause ] back in my day, taco bell didn't serve breakfast. unheard of! if you were eating taco bell before 9:00 a.m., it's because you left a chalupa in your car. [ laughter ] simpler times, simpler times. back in my day, we didn't have a black president with gray hair. he had black hair, and he looked a lot younger. hell, for all we know, he probably was. back in my day, if you had a question, you didn't google it and have the answer in a fraction of a second. no, sir, you had to ask someone. his name was jeeves and -- [ laughter ] -- he took at least a couple of seconds to get back to you. and you used those

i am not saying pandora is right, but unless they use pandora or radio stations or spotify, what are do? yodel outside our office? samsung trying to avoid a disaster. they have come up with a safer hasit card -- sam's club come up with a safer credit card. >> growing concern about the shortage of bourbon. ♪ >> live from bloomberg headquarters in new york, this is "market makers," with erik schatzker and stephanie ruhle. welcome back to "market makers." i am stephanie ruhle. >> i am erik schatzker. steele, whose products you cannot buy at home depot. how has this company produced record sales while not selling at big-box retailers. fred white, nice to see you. how does it work? home depot has been a successful model for several companies. big-boxsteele avoided retailers? >> it is a matter of choice. we are privately held and we like to have a positive retail experience. when you come in to look at one of our products, the is -- you come into one of our retailers and everwill say, have you used a piece of power equipment before, what are you going to do with it, are you a homeowner? >>

or rent your music? i investors need to spay attention to spotify and pandora.is bloomberg "surveillance." ♪ >> good morning, everyone. bloomberg "surveillance." capital.ons history as it starts down about now. long over.are others the washington, d.c. here in june. it is bloomberg "surveillance." good morning, everyone. i am tom keene. dow futures may get a 15. single best chart. >> we are focusing on a different mary meeker week. this has to do with the call on the music streaming websites and companies. our chart illustrates the seachange taking place in the digital music market. last time -- last year was the first time they did not flatlined. they decline dropping six percent year on year. the first year of decline according to the 2014 purport. -- report. streaming services of 13%. -- physical sales down 13%. l.a.. are in is this the talk of the town, younesses and floating? >> have the new model of everyone straining. model, cd or owns the data modems anymore. why would you when you can listen to everything all the time you go the problem is, there is no

to listen to, that artist make morse money on the free service of spotify than on the free service or even the paid service of pandoraree services of the subscription services, because they have direct relationships with the music labels. that's exactly what this whole doj debate is over, whether there should be direct deals or government set compulsory licenses. >> okay. >> that's the battle. >> rich, before we let you go, you've noticed that things seem to be shifting on how netflix is dealing with the net neutrality debate over literally the last 24 hours and what some people have been tweeting. just run this through what is happening from your perspective. >> what was actually shown last night, there was a vox media reporter who noticed that his netflix screen was now showing that he has verizon was actually showing that he now has sa slow down caused by the isp by verizon. netflix is telling consumers that the reason why your netflix isn't working is because of your isp. they're actually calling out verizon fios. we asked netflix over twitter last night what was going on and they said this is their new way of ke