as only steve ballmer can. we've got an exclusive interview with him where he tells us how he justifies the record to billion dollar purchase of the club and what he thinks of the controversial move by his replacement. and we have some ridiculous steve ballmer video clips. hackers in the community health centers feeling data on 4.5 million patients. the cyber attack is believed to have come from china. 10 years ago today, google started trading as a public empathy on the nasdaq, selling 19 million shares at $85 apiece. wasn't your everyday ipo. i remember covering it quite well. the whole deal got interrupted because of a playboy interview published during the quiet time. the filing started with the word google is not a conventional company. when google went public, it went public through an interesting dutch auction at the time, pricing lower than expected. stop,ter that unusual shares never fell below the ipo price. 600,, they are at following a split last year. emily chang has a look at the golden decade of

and in fact the money change hands at that point and so within 30 minutes, the deal was done and steve ballmer became the official owner for $2 billion of the los angeles clippers. a lot of excitement. i will get to it steve had to say. i did want to share some sound from the interview that i did with dick parsons who spoke about the value of the clippers and what it represented. >> this was a team that within the past 12 months was it value weighted by someone, 500, $600 million. the last team that sold in the nba before this sale was the milwaukee bucks for $550 million. this is selling for $2 billion. >> i asked steve ballmer about this. critics said that he overpaid for the team and he laughed really hard. he was very enthusiastic and he was excited about this deal. it is the price i paid, i paid it. he let out a big laugh, i am thrilled, i have a history looking at tech companies and i have a basketball team, they are lower risk. >> the morale of the fans is something else. what does confirming steve ballmer do to the morale of the fan base. >> dick parsons says that this is terrific. it

is official, steve ballmer is the new owner of the los angeles clippers.hat protects colorado's marijuana industry. ♪ to our viewers here in the united states, and to those of you joining us from around the world, welcome. we have full coverage of the stocks and stories making

as for dick parsons and his thoughts on steve ballmer, he said this is just terrific. this is exactly what the team wants both in terms of the emotional support that he can offer but also in terms of the financial support. >> steve wants desperately to be a winner. all the people want to be winners, the fans want a winner. i think his energy is going to be somewhat infectious and somewhat supportive of everybody else's desire. then, i am not going to say that steve is going to sit and opened his checkbook because the nba has rules and terms of how much you can spend and how much you can pay to keep some kind of parity. steve will be there to extend that -- his team will not fail, let us put it that way, for a lack of resources. >> you can say that again. it is a happy day for all of them. i asked him about the price and he said, it is what i paid for. he let out a big laugh and it is clear he is thrilled. >> thank you so much. great stuff. to another big story of the day -- it is not just new iphones with bigger screens but apple is working on new ipads as it tries to g

you can imagine the kinds of cheering you will hear out of steve ballmer. here's that exchange. >> i will definitely sit on the court. there is no question. i don't know what seats are available. we have great fans. they bought out all those tickets. sits right under the basket. the players that that was a weird idea. they said sitting in the court makes more sense. we will figure that out. him, those are good problems to have. i think it's going to be some fun and entertaining games seeing him on the sideline. of stevea camera shot ballmer and the players on the court russian mark --? coming up on "taking stock." we will talk with a top strategist who will explain what the painting four horsemen of the apocalypse has to do with the stock market. ♪ >> this is "taking stock" on bloomberg. i'm pimm fox. the do the four horsemen of apocalypse have to do with the stock market? we will find out. , welcome toter "taking stock." why do you use the four horsemen of the apocalypse to explain your bullish forecast for the s&p 500? a little metaphorical. the redhink a

this is selling for $2 billion. >> i asked steve ballmer about this.ritics said that he overpaid for the team and he laughed really hard. he was very enthusiastic and he was excited about this deal. paid, i paidce i it. he let out a big laugh, i am thrilled, i have a history looking at tech companies and i have a basketball team, they are lower risk. >> the morale of the fans is something else. what does confirming steve ballmer do to the morale of the fan base. >> dick parsons says that this is terrific. it helps everyone to feel better. >> the word from clipper nation, the teams, the fans, the staff, it is a good day for the nba. he needed to have this happen, it's a good day for steve. >> i asked steve, what are you going to do in terms of managing the team? you said, it will not be like it was when i was at microsoft but i will be pretty involved. it is nice when it is your job to go to a basketball game. i want to do everything i can to support the team. "i will not be designing plays, but i am definitely enthusiastic. it is like product developme

steve ballmer on taking over the l.a. ippers, and more on his move today to step down from the board of microsoft. ♪ >> more now on that breaking news we told you about earlier, steve oliver stepping down as a board member at microsoft. hold microsoft shares for the foreseeable future. his departure ending a more than 30-year association with the worlds largest software company, which he led from 2000 to 2014. under his watch, microsoft continued to power ahead as the chief provider of computer software but failed to push aggressively into the mobile and web markets. trish regan traveled to los angeles to speak with mr. ballmer. that will be coming up at the bottom of the hour. of course, you can see that interview on "street smart" coming up at 3:00. the markets. go on olivia sterns has the details. >> stocks are higher in the u.s., the snp within one percent of its all-time record high. good economic data this morning showing housing starts jumped to the highest level in eight months and a subdued picture on inflation re

. >> fresh from his appearance at this week's los angeles clippers rally, steve ballmer has resigned. it comes eight months after. he remains the top individual shareholder of microsoft. the company's second-quarter profits topped analyst estimates. big-ticket items like appliances helped to drive earnings. another stock hitting another rickett point -- apple. investors look ahead to new products and bigger screen iphones and wristwatch device that may jumpstart growth. back to you. unrest ining ferguson, missouri. police fired tear gas at protesters. he was there when violence broke out last night and joint his via telephone from st. louis. tell us what you saw last night. >> last month, the streets of ferguson, missouri look like a war zone. there was tear gas, smoke bombs, loud sounds that sound alike bombs. police tried to disperse crowds of unruly protesters who were still on the street around the idnight. >> who made up the protesters? >> it was a very diverse crowd. people came out for many reasons. people from other states, people who want to revolutionize the entire united st

you look at steve ballmer, he made the assets paul allen owns a lot more valuable. he seattle seahawks, portland, both are worth more now that ballmer has paid some much for the clippers. >> they have to be incredible he high charged an incredibly driven to have been as successful as they have been. backo you suddenly scaled and say, i will retire now. >> i do not think that is the fact. him getting involved with the clippers is a full-time job. he will take as much passion with that as he did at microsoft. >> it is important their personality type. he will be pretty driven to make the team successful just as he is driven in his own corporate business life. thank you so much. coming up, the new york knicks missed the playoffs this year. the company appears to be missing something as well. earnings out today. priceta cisco, the high of success. all of those startups have made office space pretty hard to find and very expensive. does this signal a new kind intact? we will have more on that story next. tech.cap -- in we will have more on that story next. ♪ >> amnesty ea

steve ballmer.flley sterling, the wife donald sterling had the authority to sell the team on behalf of the sterling family trust. regan spoke with both steve ballmer and the clippers interim chief executive dick parsons. let's begin with steve ballmer. >> my gosh, $2 billion for this team, it is absolutely incredible. he was elated, just absolutely thrilled. they have a propensity to get very excited. you can think about that one video clip that we have developed. you can see him screaming clippers, clippers, clippers. >> i am looking forward to seeing steve ballmer's halftime show. >> he said, i am thrilled, i'm here to support the team. he said, i'm going to figure out how to support the team and take it to the next level. you have got to be tenacious and keep pushing, pushing, pushing. he said, i will enthusiastically support this team. he said, i will be ready involved. i am not a micromanager and i certainly would not get involved. i am not just the basketball expert, i will not be designing pl

view our steve ballmer and you have billions of dollars, you can pay $2 billion. -- if you are steve ballmer. >> you missed out on the team in san francisco. anchor trish" regan, hard worker. stay with us. you have even more news. you spoke to the guys from uber who just made a strategic higher, david plouffe. next on "bloomberg west." ♪ >> welcome back to "bloomberg west." johnson. uber has hired a new campaign manager, former obama political strategist live from pier 3 in david plouffe.this i he has served as a bloomberg intervening editor. he will start with the company in late september. campaigns hired new manager, former obama political strategist david plouffe. trish, what did he have to say? >> i asked why he was going to work for a tech company out or his experience in washington. i asked travis why he desired to hire david, someone was such a political background to work and transportation company. what they both had to say makes a lot of sense. >> the whale like to think about it is uber running a political campaign and the candidate is uber. partneredto have just with the

in the aftermath of the donald sterling scandal, steve ballmer fires up the fans as they takes control of the team. this is the "cbs morning news" for tuesday, august 19th, 2014. captioning funded by cbs >>> good morning. good to be with you, i'm anne-marie green. well it was another night of tension and violence in ferguson, missouri. here's the latest overnight, police used tear gas against those protesting the shooting of michael brown. police say they came under heavy gunfire. 31 arrests were made and police treat fwod people who have been shot. an autopsy shows brown was shot six times. to determine if darren wilson should be charged in brown's death. and president obama is sending attorney general eric holder to missouri tomorrow. yesterday, the president said he understands the anger and frustration. >> let me call once again to seek some understanding rather than simply holler at each other. let's seek to heal, rather than to wound each other. >> susan mcginnis is in ferguson. susan good morning. >> anne-marie, good morning. you know there was a lot of hpe here that the presenc

clippers los angeles owner, steve ballmer, speaking out like only he can. we sat down with an exclusive interview. you do not want to miss it. would you not like to own your very own life-size lego house? at your age, i hope the answer is no. for the woman who has everything else, it is a possibility. we will take you to denmark to speak with a ceo about the company's new sold-out line for girls. first, a look at our top headlines this morning. bhp preparing for the biggest spinoff in mining history. bhp is separating its aluminum, coal, and silver assets, creating a company value of $6 trillion after next year. home depot posted second-quarter profit that beat estimates. the world passes largest retailer in the u.s. raised its full-year forecast. we will talk about what this means for housing and the u.s. economy later in the program. and standard chartered is

just a few moments ago, you spoke to steve omar. ballmer he was there he excited -- very excited. evered him if he was worried that the deal would not happen. any said i am a details guy, all of my i's dotted and t's crossed. he was to take it to the next -- i asked him how he will manage the team, and he said he is not a basketball expert. he will not be designing plays, but i'm definitely enthusiastically going to be there. project management support personality. he will give them something to think about. he is planning on attending the games can be used looking forward to that. he will be cheering them on on the sidelines. we know that this is a guy who can share. -- cheer. his forte,ts is not so you leave it in the hands of the coaches to take it to the next level. >> no micromanaging. he said he has a lot of faith in dock, and can be there to support and help guide. i did ask him about the price. it is not chump change. he said it is the price i paid, and let out a huge laugh. when asked if he thought it was worth it, he said it is th

steve ballmer is in the house. the new owner of the l.a.known as only he can. tiger woods. he carries the nike torch with golf sensation rory mcilroy. kurdish and iraqi forces take back the mosul dam with the help of u.s. firepower. airbnb turns things upside down.

that was a lot for steve ballmer to pay for the team. i think what sterling and his lawyer are arguing, owners love it, and the whole industry loves it, but they should think long and hard about that, that this is all being really deflected by the money. what do you make of that? >> well, you know, look, obviously, it's great for owners that steve ballmer came in with a record-breaking price, the highest price paid for any sports franchise. neil: did he do that deliberately, adam, that he wanted to come out the gate with a bid no one could top and not get into a back and forth, back and forth? >> he wanted to clear the field. neil: yeah. >> and as his wife said to him, how do you spend 2 billion dollars? he said write a check. neil: must be nice. so now what? he's look at the team and said some things already, relations has improved with all the players, what have you, how do you advise mr. ballmer now, like obs obviously, a lot of legal battles back and forth. as far as the old owner is concerned. how much does mr. ballmer inherit and h

ben tracy is back with the sports tycoon. >> steve ballmer replaces donald sterling as the owner of thefor making racist comments. as for ballmer's style, well nobody will accuse him for lacking in enthusiasm for his new team. >> do we have any clippers fans here? i can't hear you! >> reporter: steve ballmer sounded less like the billionaire owner of a pro sports team and more like a pro wrestler. the new clippers boss enthusiasm enthusiasmically addressed the crowd. >> we're going to keep on coming and coming and coming. hard core baby nothing gets in our way. keep coming hard core! >> reporter: the 58-year-old ballmer is worth an estimated $258 billion. promising a trophy known as the larry. >> i've got it but it's a long day. these guys bust their butt for you one more time. >> reporter: in an event normally reserved for team stars such as blake griffin and chris paul clippers head coach doc rivers who helped navigate through the controversy said this rally was for another guy. >> today is not about even us. today is about this other guy, all right. that just happens to have $2 billi

steve ballmer spoke about microsoft undersell siena dela. -- satya nadella. fantasticoff to start. it is a long-term gain. businesses get built not in months, but in years. for six months, i love sougha tya's work. the truth is, it will take years before we know how well he is doing. >> years to find out how well satya nadella is doing. cisco,ft, hewlett-packard, enterprise first tech companies are dealing with amazon, apple, and google. >> he is rooting for satya, still the fourth largest shareholder at microsoft, he owns 4%> >> nadella has been yelling and shouting. >> courageous show, there it is. show, there ist is. this is why we call him the screamer. [shouting] >> he's a salesman. does this happen at bank of america-merrill lynch? >> maybe one day, we hope. >> i am looking at this guy going for does he think he is? >> having attended the walmart annual meeting where tom cruise made an appearance, hugh jackman made an appearance, they get fired up. >> there's only one steve ballmer, he is the owner of the l.a. clippers. >> coming up right here on bloomb

steve ballmer has stepped down as director of microsoft. his departure ends his more than 30 years is usually the software giant, 14 of which were as ceo before he handed the reins over earlier this year. one of the reasons for stepping down was the demand for the upcoming professional basketball season. steve ballmer recently bought the los angeles clippers team for $2 billion. let's stick with that theme of bes -- would you like to paid to study chocolate? >> yes. >> i could take that work home with me. if you want a job, look no further than cambridge university. they are looking for a candidate with a phd to investigate the ,actors which allowed chocolate which is a melting point closer that of the human body, to remain solid and maintain qualities when stored and sold in warm climates. i think one of the best parts of that job might be the title -- actor of chocolate. testingnk the taste might be ok. thank you very much. let's find out what people are clicking, sharing and liking online with the web news. we begin with the trend of pou

former microsoft ceo steve ballmer is the new owner of the l.a.ippers after a california court decided to continue with the sale. >> it's going to a wonderful person. in life sometimes you have to step down and have somebody come along and just go from there. and i know he's going to bring a championship to this city, and he's going to make us all proud. >> sterling will still remain visible among the lipper -- clipping -- clipper organization. she's recognitions as their number one fan for the rest of her life. donald sterling has filed an appeal. >>> switching gears to baseball, baltimore third baseman has a right knee ligament sprain. this injury is not as serious as it look when he fell on the ground in pain. we send him the very best and wish him a speedy recovery. i want to check in with weather right now. >>> yesterday, we got nailed in the baltimore air, rally, this morning, there are two major highways that go through long island, both are closed right now because of torrential rain. traveling on long island is going to be very difficult

it's going forward with the sale of steve ballmer. that's th it was voted that the sale continue. >> so the minute he made these statements, was this the only possible outcome? we started hearing that players in the team and in the league were willing to sit out. >> i think that moment became true when adam silver, the new commission of the nba, when he came out and banned him for life, that's the only outcome. not only from the league but the players. some of the players union had to discussion what they would do if sterling was the owner when the season started. they didn't have anything in concrete, but they had discussed it. but the league--the management and several team owners didn't want him to answer your question, this was the only outcome. >> steve ballmer, what kind of owner--we'll have to figure out what kind of leader he was in microsoft and make figure out what kind of owner he will he be. >> when he was ceo of microsoft he oversaw $120 billion in revenue growth. that's impressive. from a basketball standpoint he seems t

more on steve ballmer new position as an owner of the nba l.a. clippers. let's go to ashley webster on the floor the new york stock exchange. we're going to look at the stocks up 77 points on the dow. the unlikely pitch man becoming bigger than the slap chop, looking for a little help with his fashion, perhaps he should don shorts. and it turns out americans are more honest than ever, but do you believe me? do you ever have too much money? melissa: a long time breakfast faithful losing its flavor due to shifting tastes. following to record low, you can bet commodity traders are watching this one closely. at the cme, with more on this one. i was so surprised when i saw this report, americans have given up on orange juice, how come? >> it is a trend they can't the forefront about two years ago, health-conscious america. low calorie, no calorie, as well a lot of the market share going to sports drinks, energy drinks that is taking a hit on the orange juice. melissa: what does it mean for traders going forward, do you think it is a long-term trend? >> this a t

tech billionaire steve ballmer and his latest buy, the clippers. >> do we have clipper fans here?: this is the page being turned after the eruption triggered by his racest comments caught on tape. >> don't come to my games, don't bring black people and don't come. >> the hateful words rocked the league and banned him for life and doc rivers who said he and key players, like chris paul. >> it was taking down the team, let's be honest. i was going and so was chris. none of us would have played. >> reporter: sterling's fight ended in court. is it over, in your mind? >> i think it's over as far as the ownership part. that document signed as far as ownership. money has been transferred. steve ballmer said i don't know about the owner, i'm missing 2 billion. >> reporter: angry players emerging with their clippers jersey's inside out and the painful memory of his struggle before joining his team on the court. >> for a 20-minute stretch, that was one of my worst moments. i was the coach of this team. >> reporter: the team played on, their focus shot. title run ended by oklahoma city, yest

back to you. >> thanks, josh. >>> up next, same old steve ballmer, thank goodness.id during his big introduction to clippers players and fans. first, first, rick santelli kwhash, wh you watching? >> the u.s. treasury may be mispriced. not talking some backwater economy here. mispriced? how many more trillions are out there dollars worth? and german shots. not yeager meister. the two-year rate, right after the break. it's monday. a brand new start. your chance to rise and shine. with centurylink as your trusted technology partner, you can do just that. with our visionary cloud infrastructure, global broadband network and custom communications solutions, your business is more reliable - secure - agile. and with responsive, dedicated support, we help you shine every day of the week. centurylink your link to what's next. [b♪ll rings] time and sales data. split-second stats. ♪ its so close to the options floor, you'll bust your brain-box. all on thinkorswim, from td ameritrade. we're changing the way we do business, with startup ny. we've created tax free zones throughou

steve ballmer has a new title. owner to have l.a. clippers.has been speaking with trish regan as they talked about the l.a. basketball team as well as microsoft's new leadership. >> l.a. is a unique market. i think it is a phenomenal opportunity. when you look at tech companys with no earnings and huge evaluations, and a lot of downside, the clippers look like a really well valued team to me. really well valued. there is tech companies with market caps of $150 billion that don't make money. clippers do make money. we need to put leaders in place on the business side. i am "retired". i'm not looking for a new full time job. so we will strengthen and shore up the business side of the clippers. >> when you look at microsoft right now, and you see the leadership in place, how would you grade what they are doing now? >> i think they are off to a fantastic start. our tech people like to pretend it is a short-term game. it is not. it is a long-term game. businesses get built not in months but in years. but for six months in the role, i obviously love

>>> former microsoft ceo steve ballmer is rallying support on his new team, the l.a. clippers.how he is doubling down. liz: white house officials are turning to big business in a move that could expand executive actions president obama takes on immigration. david: fox business's rich edson live from washington, d.c. with the very latest. this is very tough sell, particularly if he uses executive action. >> absolutely. businesses want more visas to employ more foreign workers in the united states. white house and officials recently spoken with those from cisco, microsoft, the u.s. chamber of commerce and immigration reform group called compete america. its members include amazon, facebook, intel, walmart, dozens more. a source in the meeting says the groups discussed ways federal agencies can write regulations to help streamline the visa process and wide range of similar tech industry requests, with opposition in the republican controlled house to the overhaul of entire immigration system, reform advocates are calling on the president to act through executive orders. one analyst

did steve ballmer paid too much for the clippers? >> absolutely not.jumpsnterested to see who higher, steve ballmer or mark cuban. >> the former president of the golden state warriors 20 knots from san francisco. it is always a pleasure to have you on and get your expertise. -- the former president of the golden state warriors joining us from san francisco. "bottom line" continues in just a moment. >> get the latest headlines at the top of the hour on bloomberg radio, streaming on your tablets, and at bloomberg.com. that is it for this edition of ," i will "bottom line see you tomorrow. >> i am julie hyman. let's take a look at where stocks are trading. it is very unclear whether we will have a record close. stocks have very little changed. aboveve the record close two thirds in. it hasn't moved very much in the wake of that. more movement we have this week raised on a big merger. this answer going list of companies facing both public and political pressure for moving their headquarters overseas or just across the border in so-called inversions. that w

>> if they don't, nobody's going to blame steve ballmer, right? he's got some time.ot taken owner like the l.a. lactsers or chicago bulls post-jordan. >> a good comparison. we'll see. >>> guys, leave that discussion there for now. >>> meantime, just a couple hours into trading, we want to check on markets, which are mixed right now. you see the dow up about 25 points. the s&p up 2. nasdaq the only major average that is in the red now. just by about a fraction. a fraction of one point. shares of hertz down big. company saying its 2014 results would be "well below its prior forecasts." the company said car recalls and higher operating expenses are pressuring its car rental business. meantime, shares of jetblue rallying after upgrading that stock to outperform. the firm says it expects a number of moves to increase profit act, including a change in management. could be an interesting move there. jetblue on that report up nearly 4%. >>> when we come back, paypal intderring a one-touch economy. the brain behind apps for open table and air budg & b. >>> plus a major milest

after 34 years, steve ballmer is ending his direct association with microsoft. ballmer has resigned from the microsoft board just days after paying an nba record $2 billion for the los angeles clippers. "street smart" anchor trish regan spoke to him talking about his life after microsoft. >> when you think about what you're going to be doing over the next 12 to 24 months and you're still on the board of microsoft and you have this project now in front of you, how you divide your time? >> i retired so i could have the next phase of life. i'm feeling a little strapped right now. [laughter] i will have to wrestle that through a little bit. i have other things am also interested in. i think of myself -- i want to have more time for myself including more time to study, teaching a class this fall at a business school, more time for sports and golf, that kind of thing. on top of that, i want to be a great microsoft shareholder. i want to be a great clipper owner. i'm trying to figure out how to evolve my civic contribution. my wife has been really active particularly i

. >> former microsoft ceo, steve ballmer recently bought the l.a.p, and he devotes many of his energy to that project. on monday, balmer was officially introduced to clipper's fans. and elise has more. >> after a-day-old month in the making, new l.a. clipper owner, steve ballmer, wants to make the most of his month in the limelight. >> do we have any clipper fans here? i can't hear you! >> balmer took charge of the franchise in a $2 billion deal, and nba record, former donald sterling was given a lifetime ban by the nba in april after making racist comments in aid recording. it took several months to allow sterling's former wife, shelly, to include the sale to balmer. >> hardcore, hardcore. >> at a more sedate news conference. the former microsoft executive guaranteed supporters that he won't move the club to seattle. it had been rumored after his failed attempt to purchase the sacramento kings. >> i want to get going, and i love l.a. also, and that's where the clippers play. i'm not trying to discount the discount the name of the clipper team, but

see how new york can help your business grow, at startup.ny.gov >>> former microsoft's ceo, steve ballmeruced the l.a. clippers the only way he could. ballmer entered the arena to lose yourself," and he got the rally going. listen. >> yes, i do live in seattle. no, no -- woah! we can all love seattle. there's no team there. we're not moving the clippers to seattle. for a hundred reasons, but i think i got the one people understood is we bought l.a. beach front, not seattle breach front. >> that's your buddy from college. >> i love him. >> not shying away from overpaying, perhaps whether it's skype, nokia, or a number of things throughout the years. >> i talked to a number of nfl owners, and many felt it's peaked because it's on every night, what's the worth of the franchise? all they say is two words, steve ballmer. changed the equation of how much a team is worth. including even teams that looked horrible like last night's redskins and cleveland browns, one of the worst preseason games i've seen, but football business is higher because of how much ballmer overpaid for a franchise no one

steve ballmer signed the papers yesterday after a court judge gave shelley sterling the right to sell the club. her husband tried unsuccessfully to fight the sale even though he was banned for life over offensive remarks he made. she convinced the court her husband was mentally unfit. >> new privacy concerns about the fees book app. some of the words come from injury the users. the act requires permission to access contact and other information which led to articles about this book taking control of your device. but users or the hand over access when they install office book and the first place. fees book needs to access some information on your device of the act can work. >> a few stories trending this morning. the controversy following the police shooting death has led to a hashed tag activism. this was a picture taken from his face book page. some say it's a peace sign some say it's a gang sign. atwitter users are using in new cash check. >> a drive-by shooting happened near the set of straight outta compton, a biopic of the rap group. the crew was filming outside of the courthouse

listen. >> what does this mean that the final sale of the team is steve ballmer?, it means, at a minimum, that this team is going to survive. and it wasn't clear, if any judgment, that it would survive under continued ownership by donald sterling. that's number one. >> why? >> because nobody wanted to play for donald or coach for donald. it really was a disaster. >> and for more on the deal and what it means for professional sport, you can visit our website, cnnmoney.com. >>> all right. canadian pop star justin bieber -- oh, goodness. what is it now? well, hey, he's taking responsibility. b he's expected to plead guilty in miami beach for misdemeanor charges connected to his arrest there back in january. his mug shot went viral. police say they saw him street racing. they charged him with drunk driving, resisting arrest and drifgs without a valid license. a rep says he will not comment on the case until after the hearing on wednesday. >>> well, still to come here on cnn -- >> tragic for a man loved by so many. more of robin williams' personal struggles after this

melissa: steve ballmer is finally the owner of the l.a. clippers.ney confirms the deal closed earlier today after california court ruled chile sterling have the authority to sell the team. the deal is worth around $2 billion. space axes being sued by former employees for alleged violations of labor laws. accused of an unlawful mass layoff for having fired 400 employees in late july. some of those workers can they did not receive their 60 days notice required by the state. and front man has now build a fleet of 10 aircraft in wales. he will use them to lease them in europe and asia. rock on. giving you the power to prosper. melissa: call it talk about for the discerning palate. yum brands launching the u.s. tactocco company in huntington beach, california. obviously had to stand by for the grand opening. customers are thrilled. >> this is so totally different. never expected it coming from taco bell. >> definitely thought it was pressure and better put together. >> it is very beachy and not traditional mexican. >> it is better than talk about. i the

steve. not mr. ballmer. how about the billionaire?is bested team rhode island 8-7 in an elimination game there, but the winning rbi from joshua houston in the fifth. illinois will advance to playtex technical today. good luck, all. >>> this baseball manager's tyrade it is one for the books. >> he now taez a step back. he is pointing, and he has been thrown out of the fwam. >> he is now sliding into home plate. now he takes off his shoes and leaves them at home plate, and he is taking off his jersey, and he leaves it at home plate. >> oh, no. that could have gone the wrong way. that was minor league baseball manager joe nickolic of the pelicans. clearly upset with the runner being called out. the freak-out did not help as the pelicans lost and were swept for the first time since april. >> "early today" is brought to you by just for me, giving you the look you want. >> now back to you. >> thank you, richard. >>> coming up next, guns pointed at journalists. tension in ferguson erupts, and we have the video. >>> plus, robin williams' late

. >>> first, steve ballmer may be dancing up a storm now that he's cleared by the l.a. clippers, donald sterling is not giving up. his attorney on why. only here. . neil: the verdict is in and sterling is out. the former microsoft ceo steve ballmer on his way to being the owner of the los angeles clippers. he may be celebrating. this is dated footage having to do nothing with that. but nevertheless, sterling is not waving the white flag just yet. his attorney is joining me to explain. why not? it looks like an uphill battle to hang onto this team. what chance does he have when the court has ruled that he doesn't? >> well, there's no question that there's a battle in store here, and i don't think donald is somebody to run away from the battle. the real issue here is what's going to happen next, and there are things that are in the works now, including a writ on a portion of the judge's decision which i think is going to be the part everyone's going to be looking at. and that's the writ that we'll file with the appellate court, essentially attacking the portion of the jud

. >> steve ballmer is the owner of the los angeles clippers. old time and welcoming party yesterday at the staples center. >> do we have any clipper fans here? i can't hear you. we are going to get better every day. we are going to be tenacious. we are going to keep coming and coming and coming. did you watch these guys? that was hard core. hard core, baby. >> steve ballmer looks like he's going to be a good owner. >> he's got a whole team, fans to get excited behind. so interesting. thanks so much. talk to you soon. >>> we are following breaking news out of ferguson, missouri. violence in the streets over night behind protesters and law enforcement. 31 arrests, two people shot in the crowd, four police officers hurt. what is next in this case? what is next for residents of this missouri town caught in the middle of all of it? that's after the break. you think you take off all your make-up before bed. but do you really? [ female announcer ] neutrogena® makeup remover erases 99% of your most stubborn makeup with one towelette. can your makeup re

more details on steve ballmer. >> we do have a her that mr. ballmer wrote to the microsoft board saying he is stepping down from his presence on the microsoft board. he said in the six months since leaving, he's simply become too busy with the combination of the ownership of the clippers, civic duties as well as teaching. he says his 'going to continue to support and encourage boldness in the management through his ownership shares. remember, ballmer is the largest single holder of microsoft shares outside of the index fund. he says he's going to continue to play an active role as a shareholder, but not as a board member. brian? >> courtney, thank you very much. >>> let's bring in jon fortt. what is your reaction? >> brian, first of all, the most important line in that her i think from an investor standpoint, word for word -- i hold more microsoft shares than anyone other than index funds, and love it. i expect to continue holding that position for the foreseeable future. it sounds like he's not sharing shares, though stepping down. you have to

, posee el steve ballmer, owns the team. d everyone ballmer ha asegurado todos que that there will be no repeat of what happened with donald sterling. in fact, his wife had this to say -- >> i think he's going to be a a great -- >> jimmy: i mean, already -- already i just see something -- >> steve: yeah. >> jimmy: starting off the -- yeah. [ laughter ] here's a local story. people who dress up as characters in time square are talking about forming a union after the recent -- [ laughter ] -- after the recent run-ins with the police, but it turns out that these performers are pretty different from the actual characters that they portray. let's take a look at some of the differences. super mario used to be a a plumber until he discovered the mushroom kingdom. in times square, super mario used to be a plumber until he discovered mushrooms. [ laughter and applause ] a little different. >> steve: but not -- that's a a good one. >> jimmy: not the same. >> steve: but similar. >> jimmy: buzz lightyear goes to infinity and beyond. time

. >>> bye, bye, ballmer, former microsoft ceo steve ballmer is stepping down from the company, a few hours ago. so will the move clear way for a new ceo? talking making more changes. >>> plus, one analyst making a bold call that could get the attention of netflix shareholders. he'll be joining us live on "fast" coming up. [ music playing ] . >> my favorite song. >> a down day. we're looking to chart sprint. the company is unveiling a new pricing plan that offers 20 gigabytes of shared data for up to ten lines plus unlimited talk and texting for $100 a month and it will also pay up to $350 when rivals switch, this is for new subscribers. >> i bought a little stock today. it trades horribly t. dead low, it's down 25% since they called off tear bid for t-mobile a couple weeks ago. this is a situation where it's bad for shareholders int near term. this price war is going to be to all of our benefit. that being said, i think you have toly the about how t-mobile started aggressive pricing and take share from the incumbent carriers. they put themselves in a good position where a lot of peop

bill gates is still chairman, but the ceo, steve ballmer, opposes the initiative, which is why they'rele of the billionaires. is it awkward? >> the word "awkward" fits, yes. >> ballmer's side argues that the "soak the rich" tax would stifle high-tech innovation and lead to businesses moving out of the state. we asked microsoft, amazon, and boeing for interviews, but they all declined. businesses are saying they'll leave. >> yes. the real truth of the matter is that the people that own businesses are the people who will be paying the tax, and my analysis is, they don't want to pay the tax. >> the rich guys don't want-- >> the rich guys don't want to pay the tax. >> are you saying you just think they're greedy? >> no, because it... [chuckles] no. they're defensive. they're--i guess you could call it greed, i suppose, wanting to not write another check, sure. >> steve ballmer? >> yeah. >> he's worth $14 billion. you don't think-- >> he's a very fine guy too. the fact of the matter is, there are 43 states in this country that have a state income tax, and in those states the microsofts or t

former microsoft executive steve ballmer is in. they celebrate their new era. doc rivers can now worry about the players and his team instead of all the other issues. excited to have a new team, i say. >> i think my job is making sure we put the best basketball team we know how to put on the court on the court, doc is in charge of figuring that out. i will challenge, i will work with him, but my job is to support. >> all right. i would say he might make mark cuban -- [ talking at the same time ] >> fired up. >> thank you. >>> tonight on the 10:00 p.m. news we are following the news out of ferguson, missouri where the national guard moved in following several violent protests over the police shooting of an unarmed teenager and the demonstrations in the bay area and why some are comparing them to the killing of oscar grant. female announcer: female announcer: when you see this truck, it means another neighbor is going to sleep better tonight because they went to sleep train's ticket to tempur-pedic event. choose from a huge selection of tempur-pedic models, inclu

. >>> microsoft ceo steve ballmer officially owns the los angeles clippers. he pledges hardcore support. former owner donald sterling had appealed his wife's decision to sell the team but that was denied. >> i wanted to cry. it's the finale of the clippers for us. it's going to a wonderful person. >> shelly will receive court side tickets for life and be recognized as the clippers number one fan. >>> the nba will release the upcoming season tonight, there's a rumors of a christmas day match-up between the cavaliers and the heat. zblp things got nasty during a cowboys raiders practice. a full players turned it into a full-on brawl from both squads. no word on any punishments. >>> well, extreme weather leaving behind extreme images. in north carolina the rain was just relentless. three inches of it fell over raleigh. areas were left soaked and submerged. in nebraska, a hospital security camera caught this. oh, my goodness, flood waters smashing through windows. and in arizona, the nation's reservoir hit an all time low. in 1983 it was 225 feet. the lake is so c