joining me today on bloomberg studio 1.0, steve ballmer. llmer group cofounder and owner of the l.a. clippers. steve, thank you so much for joining us. i heard a rumor about you that i couldn't possibly believe to be true, which was that you were shy growing up. "studio 1.0 that -- steve: that's a true rumor. emily: tell me about this. steve: when i was a kid, if somebody's dad was at home, i would literally stood out in the car because i would be so nervous and shy. when i got to college, a friend of mine describes it this way -- hi, i'm steve ballmer, my hand is sweaty because i'm so nervous to meet you. [laughter] over time, that has changed. emily: it has changed. you brought life to software conferences that will never be seen again. where did that guy come from? steve: that's a very good question. i would say there's a breakthrough, literally, when i was football manager at harvard. that is an intimidating thing to get up in front of football players and the manager is not the loftiest position and you have to speak before a pretty unr

joining me today on bloomberg studio 1.0, steve ballmer. ballmer group cofounder and

and steve ballmer joins us on his new project, improving government transparency. you're watching "squawk box" on cnbc. alue of catata at'stiinking4 's tm iror alue of catata >>> we have a special visitor on set this morning, diana olick made it to new york before the snow. she has an exclusive guest who also made it. >> big news in fitness. a major announcement from one of fit tech's leading disruptors, pelaton. they have seen huge growth since announcing a home cycling platform. 20 minutes from now, the ceo, john foley, will announce he's naming former barnes and noble ceo william lynch as pellaton's first president. congratulations on the new post. tell us what your appointment means to the future growth of this company? >> the company has huge ambitious growth, and if you think about the flat form built with the fitness experts, we're expanding in other categories of fitness. to date with all the success we had, including tripling revenues, that's been largely in the u.s., you can think about geographic expansion, we have enormous demand from customers to seat

you look at a sports team, steve ballmer i believe played -- paid $2 billion for the clippers.a big software company, we have 20 year deals with the sponsors who have built in 3.5% increases. we have suites on five-year contracts. we have annual contracts, and we renew at 95%. >> it is key to us. we pride ourselves on being a multiplatform company to watch our games on cable, download them from monumental sports network, and have more touch points to our teams. [indiscernible] cory: part of that? ted: i believe sports is the great convener. you sit behind a screen and you are watching the game, and now you are interacting and the first application is committing. you speak with friends. and now you are starting to have interest in the outcome of the games and the plays. and that is fantasy. daily fantasy is what really took off. and the next big growth area for the media content and team owners will be gambling. it is a matter of time. we will see -- we see what happened in europe. we invested in sport radar. cory: what is that? ted: it was a way for integrity assurance, making

what's it like to work for steve ballmer? >> it's basketball at the end of the day.e's been amazing. the passion that he fwroinbring our organization. if anybody can imagine owning a franchise that you're a fan of that's what he is. nothing like seeing someone as a fan. he's a real fan when you see him there at the games. if you can't play hard for that then i don't know what you should do. >> guys, so much more we could ask you. thank you again for your time. good luck with the hand, chris. i appreciate you being here. that's chris paul with bobby turner. >> thanks for having us. >>> they already sell groceries online but amazon is reportedly considering opening a two story grocery store operated by robots. we'll have those details next. later patriots quarterback patr tom brady led his team to victory in the super bowl. we'll look at companies and could use a leader like brady for their own comeback magic. o ? . >>> the new york post saying amazon's plans for a supermarket of the future could include a store run completely by robots and relying on as few as three e

twitter shareholders, steve ballmer, critical of the turn around so far. >> i'm going to stand by thesays running two companies is probably not the best idea, and i'll stand by the notion that jack's a very creative, innovative guy as well as evidenced by the fact he started two amazing companies. i think now's the time for him to focus down, at least, from my perspective, on the stock i own. >> reporter: when asked on the earnings call if he could continue running both twitter and square, jack said he has mountain teams in place to continue running both. guys, back to you. >> thank you, julia. straight to the analysts with their take. my corral grahichael graham is hold on the stock, and victor has a sell rating on the stock. great to have you with us. kicking off the interview with the notion, can, michael, jack dorsey continue to run two companies at this point seeing the forecast for the current quarter? >> it's a challenge. the two officers are across the street from each other. not far to go in the commute from each other, but there's two big companies in fairly different parts

steve ballmer and miller are two people who have been recently critical of him. >> i'm going to standthe notion that says running two companies is probably not the best idea and i'll stand by the notion that jack's a very creative, innovative guy as well evidenced by the fact that he started two amazing companies. who could have -- who can do that? that's very tough. both twitter and square, and i give him credit for that. i think now's the time for him to focus down at least from my perspective on the stock i own. >> part-time ceo works or a part-time cfo or part-time chief technology officer, in my personal opinion i think jack should step down and still, you know, great entrepreneur, great visionary, be on the board, be a strategist but i think they need a full-time ceo there. >> let's bring in andy hargraves and ed lee. ed, twitter shares down 12, almost 13%. >> yeah. >> they just got downgraded from one analyst saying they've hit the reset button. he's not inspired. a lot of pressure on jack dorsey. >> this is a company that's in perpetual startup mode. that's fine. if you're a p

remember justice called microsoft steve ballmer, put him on hold?y. >> let me get back to you. >> justice department line one, tell them i'm jammed. >> that went on for a long time. hp shares are actually losses not quite as bad. looked down 9.5%, now down call it 8.5%. we heard from meg whitman so many things involving fx -- >> that was a bad call. >> dram prices which we've already talked about moving up dramatically. toni on the call said didn't you know. >> he's become the great -- the grand grand -- >> and the execution issues you talked about as well. something we talked about did at the top of the show is the border tax given the president's comments to reuters yesterday what was he really referring to. but as we were saying earlier, there's a lot of opposition to the idea of a border tax -- border adjusted tax. and you can add hewlett-packard enterprises to that long list. here's meg whitman on why. >> the entire supply chain, everything from memory, from mother boards, i mean everything that is in our products comes from overseas. by the wa