activist investors engaged in symantec replay. one of them was carl icahn.ortunately for us, because of the volatility of the stock, he bought low in the stock moved and he sold out. we never really got the public exposure, if you will, that marissa mayer has got. with a toughtarted hand that was dealt to her and quite frankly, she's to play it out. don't let an activist push you to do something you don't strategically believe in. to the extent or board supports her, hang tough. emily: this is an issue if talked about a lot which is diversity. that's when it comes to women and minorities. given how money years in this industry, where have you seen the most progress and where do you think there is still the most work to be done? >> some of the more established companies have clearly done a better job, older companies like ibm and companies like intel have done a terrific job of at least raising the issue and trying to do something about it. it ultimately comes down to the numbers, not the words. numbers do not necessarily support the words right now. i was qu

i'm joined by symantec's technical director and security c.e.o. eric, i will start with you. so your research linked the swiss hack of the central bank of bangladesh to this philippines bank. tell us more with -- about the connection you found? >> thanks, emily. yes, we found the malicious applications in bangladesh as well as vietnam and in the philippines now had similarities and shared code with code used in south korea to wipe a variety of banks and broadcasters there as well as the sony attack. emily: the chairman of 9 s.e.c., mary jo white, has said she believes cyber security may be one of the biggest threats to the industry. she says policies and procedures are not tailored to their speck rinks. so how do you think, how vulnerable is everybody else? >> two great questions. it really doesn't matter who is behind it. that's for law enforcement to figure out who the criminals are. what does matter is that this organization has been broken into, and whether it's laz ars or somebody else, they've exposed flaws in how they handle their swift data. i think the criminals did

symantec saying the malware was used to steal $81 million from bangladesh's central bank has now beenked the a separate attack in the philippines. they hacked into the swiss system in bangladesh sending messages tost new york fed. the initial successes of that group could prompt more attacks. >> exactly right and it continue. slightly worrying story of course. >>> g7 leaders wrapping up their summit today. president obama also wrapping up his swrit to japan with a historic visit to a world war ii memorial. akiko fujita joins us now from japan with all the details. >> good morning wilfred. certainly an emotional moment for the 180,000 atomic bomb survivors still living. they have waited 71 years to see this. president obama though not offering an apology but a larger vision of a world without nuclear weapons and the significance of hiroshima. >> death fell from the sky and the world was changed. a flash of light. and wall of fire destroyed a city. and demonstrated that mankind possessed the means to destroy itself. >> and here in ise-shima, leaders of the g7 countries offering a united

you were ceo of symantec for many years. they are going through another ceo transition.ou think about what's going on there? john: it is a huge personal disappointment. i spent 10 years there and i thought we were on a very good path. obviously, we were not. i think it is time for not just the team of the company, but the board of the company to do self reflection on, have we made the right calls? if we made the wrong calls on people, have we made the right calls on ourselves? i think it is time for a lot more self reflection, but i do not know. i'm not involved in the company. emily: we are seeing yahoo! go through another existential crisis. what would he say to marissa mayer? john: hang in there. i had activist investors at semantic for a brief time, and one was carl icahn. fortunately for us, because of the volatility of our stock, he bought low and the stock moved and he sold out, so we never really got the public exposure that marissa has gotten. i think she started with a tough hand that was dealt to her. and she needs to play it out. do not let an activist to pus

. > >>> symantec will lay off workers. >> lending club, a group of small community banks will no longery loans from the san francisco start-up after the ceo left the company amidst talks of irregularities. there is not much left for lending club to fall. if you're confused about banks not willing to buy up those loans, when somebody loans you money and you start to pay them back, that ability, that money can be sold to someone else. this may have happened with your mortgage. lending club is seeing banks not willing to buy their loan. >> could this be more of an industry-wide issue? >> so many san francisco companies that depend on this movement of credit. it's a problem. >> one to watch as well. thanks a lot. >>> it is 5:48. some of san francisco's most tourist hot spots are the hives of activity these days. the buzz surrounding honey bees. seven popular hotels including the clift near union square placing bee hives atop their structures. the clift has ten hives. part of a growing effort to take the sting out of a growing bee shortage and helps produce hundreds of pounds of honey in the

they include advanced mi crow devices, symantec, chevrolet. and net app.es reporting low stress >>> a ten-year-old from finland is $10,000 richer after he found something wrong with instagram. finnish media said that the app had a hole. they could comment other people's comments by inserting a malicious code. he informed instagram owned by facebook and he collected the 10,000-dollar wouldn'ty. he is the youngest to get that. >>> and the party game that almost made it into the stores. stores -- almost didn't make it into the stores >> that's the commercial for twister having people twisting their bodies to certain spots. it was considered very racy. sears roebuck decided not to include the game on the catalog so the game maker stopped production. but somebody forgot to tell johnny carson who demonstrated the game with eva gabor. that game is on the national toy hall of fame. we have twister in our house. >> that takes me back. >> if we can go back to aeropostale. when i was in high school, that was the place to get your clothes. >> right. >> and look at it

cyber security specialist symantec is going to cut 10% of its jobs.utlook for the first quarter. it reiterated that lower outlook. it will take a charge of $280 million to pay for the cutbacks. it does not look like it has traded so far today. woes for retail got worse as the firstuffered in quarter. nordstrom is going to lower its guidance after missing on revenue profit and same-store sales. we saw earlier cutting its outlook for growth margins, indicating more discounting may be necessary to clear out inventory. down 10% free market. nordstrom down almost 15%. sector, thent store index is down 13% for the whole industry. it is going to get crushed again today. david: jim keenan is here. we are talking about retail sales in the economy. let's start with number one. ines, retailers jumping april. purchases climbed 1.3%, the biggest gain since march 2015. you feel better about headwinds to growth? >> the consumer is fine, unemployment is slow. general, the economy is doing fine. it does not mean month on month you will not have volatility for a variet