theat happens scenes, we do not know for sure, but people are spending an awful lot of time on texting-based appsfirst of all, you can keep your bills down if you're focused on using these apps, and as people communicate in this way in a bigger way, then you are spending less time than with a service like facebook, so i watch the rapid rise of a lot of these different apps. snapchat was one that certainly facebook's eyes. they were not interested in so this story is continuing, even with big price tags of no value to a company like facebook. if you have got a lot of money to play with and it is a fast-moving business. >> weigh in on this. this is a lot of money. >> it is crazy. if you are in silicon valley, what you need to do is get google interested in your company and then go to facebook, or get facebook interested in your company and then go to google. that is my advice for startups. say.t me just here you can see my phone. i do not know if you can make out whatsapp. i sent out about 200 of these messages per day. it is massive. there was the facebook messenger. every time i get a message or

it is a messages, a texting app. it is a term control carriers imposed for text messages and photo sharing. so remain all sorts of sharing. that doesn't mean that $16 billion to keep them around is going to be worth it financially speaking but you can understand why facebook, especially given potential competition to buy this company would have paid up for it. >> so you spent that much, because you want the data base, and you want to be able to push advertising to them, is that part of the thinking here? most things that facebook does -- in trying to get advertisers to meet those. interestingly is that it is almost expressly about not sending people advertisements it is about not collecting a lot of their user data, not really kind of essentially creating a data base of what they do. it really seems to be one of these almost defensive deals. where facebook says there's a tremendous amount of activity going on outside of our network, we want to participate in, that so facebook stock is up tremendously, it's up by sear

. >>> after facebook paid $19 million for a text messaging app it goes down for hours. what may be behind the outage. >>> we saw some 70s earlier today. now, cooling off, thanks to a sea breeze. much bigger changes in the forecast. high pressure responsible for the warm weekend gives way, and days of rain start to line up for the bay area. we'll look at the changes in your forecast when we come right back. it's a wondrous sensation of clarity and alertness... it's owning your opponent... it's knowing beyond a doubt "you got this"... it's keeping your head down, your eye on the ball, and knocking it out of the park... it's getting in the zone... it's keeping on your toes... on target... on top... focus is staring the world in the face and saying "bring it"... focus is power... focus is life... and 5-hour energy is focus. >>> a warning for iphone and ipad owners. you need to update your smartphones and tablets. the cupertino tech giant said they have a flaw that makes them vulnerable to hackers. they can use wi-fi at coffee shops or other places to see your e-mails, and o

call now. >>> today, there are users of a popular texting app sending sad face, facebook announced thatofficially purchased what's app for $19 million. if you're not familiar with the app, users can send messages and photos to one person or even a group and share their locations but without paying the standard text fees. why is it so valuable to facebook? it adds a million new users a day which each user paying a $1 prescription fee. the users are younger and tend to be more active in the social networking than the average facebook account holder. as for average consumer, they love the app because of the company's pledge to protect their privacy. the co-founder is a ukrainian immigrant who says his experiences growing up caused concerns about his privacy. he vowed that his company would never sell ads or share data. his family arrived in the u.s. when they were just 16. they used to pick up food stamps from around the corner from where the what's app headquarters are located. he signed the $19 billion facebook deal on the door of the welfare office his family visited growing up. the new

. >>> and later, facebook buys a texting app for $19 billion? @w@g >>> cnn is in a big time feud with ted nugent. the rock star turned political activist said this a few weeks ago. >> i have obviously failed to galvanize and prod and not shave enough americans. the ever vigilant not to let a chicago communist-raised, xhubist-educated, communist-nurtured subhuman mongrel like the acorn community organizer gang sister barack husain oh bam moo to weasel his way into the top office of authority of the united states of america. >> subhum humahuman mongrel, th offensive on so many levels. >> shockingly, abbott's campaign brushed aside the criticism saying they value nugent's commitment to the -- do they know the value of that phrase, subhuman mongrel? that's what the nazis called jews. >> nugent hit back on twitter. he wrote, cnn, propaganda ministry mongrels. maybe it's debatable whether abbott should be held accountable for the inflammatory remarks. but after senator rand paul called nugent's words offensive, the singer went on the radio show and so

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whatsapp handles nearly as many text messages as the telecom industry's entire $100 billion text messaging business. the app sends text messages, photos and video to anyone else with the app. without carrier fees. it's free for the first year, then charges 99 cents annually. no word on how many users pay, and it doe not include ads. ceo mark zuckerberg stressed the importance of whatsapp's scale with 450 million monthly active users and unusually high engagement. 70% use the service every day. and its growth rate is breaking records. doubling its users in the past year. >> services in the world that have 1 billion people using them are all incredibly valuable. and from that perspective, we just think that the growth rate they have today and the monetization model that's early but promising and in place we see a pretty clear trajectory ahead and we're excited to work together on this. >> reporter: can facebook make enough money from whatsapp. twitter has about half the monthly active users as whatsapp but its market cap is about twice whatsapp's valuation. >> the strategic rationale for this acquisition is a

facebook is buying the text messaging app called whatsapp for $16 billion. and if you think that is a higher valuation than companies like american airlines, campbell's soup and ralph lauren, think about the fact that whatsapp has 450 million customers worldwide, a lot of them overseas. while users only pay a dollar a year and the company sells no advertising, at least this way facebook doesn't let it get away, and now it gets a whack at some new customers. turns out instagram was a bargain at just a billion dollars. >>> and a quick note about one of our own. last night there was a gathering in washington to mark the retirement of shelley fielman. after 50 years with nbc as a cameraman. shelly was standing on the sidewalk the day ronald reagan exited the washington hilton. shelly's steady pictures with his camera on his shoulder became part of our national evidence of the assassination attempt. he was also there when lee harvey oswald was shot in dallas. he covered vietnam, the gulf war, civil rights, and he took care of all of us on the other side of the ca

it allows users to send unlimited text messages anywhere in the world. the apped consumers nearly $33 billion in texting fees last year alone. what does facebook get from this deal? >> it's somewhat mysterious. super official -- superficially they get 450 million users of whatsapp. they say it's going to be a billion users which is huge. >> reporter: at $19 billion, it's the biggest startup buyout of all time. the biggest internet deal since aol bought time warner. $18 million more than instagram in 2012. it makes the tiny coanmpmore valuable than some of the most established companies in the country, including american airlines, marriott hotels and xerox. they don't do advertising. they don't collect user data, how do they make money? >> mark zuckerberg said we don't know yet. >> reporter: the deal does give the world's largest social network a dominant mobile communication tool. one that's particularly popular with young and international audiences. >> instead of buying them, they need to figure out ways to create them by themselves so they don't have to spend

what is up to give the popular texting apps bought $19 billion planning to add phone calls to its listf services and they will be free. last one snap chat, wildly popular on college campuseses and a new survey says 77% of college kids use that apps at least once a day. hall of fame shortstop ozzie smith. i will put it to him, who is the greatest shortstop of them all? derek jeter or him? stuart: where the price of gold going up recently, 1340 one. disney has a new iphone apps giving you movies anywhere. lets you by and watch disney, marble, pixar films, disney's stock hit a high yesterday, still above $80 a share closing in on 81. that is disney? netflix reportedly in talks with at&t and verizon to pay for faster internet service to subscribers. netflix made that deal with comcast. look at the stock. hit a new high earlier this morning, up $8, the tenth record high this calendar year. charles, netflix is going to have to pay out more to these people for better service and yet the stock goes up. how is that possible? charles: we had this conversation last week. someone in my office told

. $19 billion for the texting app that's adding a million new users every day. >>> also, tornado threat. >> isolated threat of tornadoes will be out there today. >> severe weather outbreak from texas to michigan now marching east. unseasonably warm air sparking dangerous thunderstorms for millions. >> we're talking about 37 million of you today under the slight risk. >> and is that a wolf walking the halls of a sochi hotel? you're live in the cnn newsroom. >>> good morning. i'm carol costello. we begin this morning with a new terror warning rattling nerves and ratcheting up security. the u.s. is alerting airlines to be on guard for possible shoe bombs on international flights into the united states. if you've flown within the last decade, american airports already guard against this threat which would be powerful enough to bring down an airliner in flight. but overseas, the screening is often less thorough. possibly creating an opportunity for terrorists seeking an american target. barbara starr is live at the pentagon with more. good morning, barbara. >> good morning, carroll. if you a

in fact what's app's daily message volume is now nearly equal to that of all texts sent worldwide. messaging is big business these days an there are many other apps that are cashing in. >> mark zuckerberg's purchase of what's app is all the social buzz. merchging appmessaging apps are, offer a huge international presence for aging social networks mostly stuck in the u.s. or europes. what's app's market can be found in south america and india. we chat dominates china with 272 million active users. line is big in japan. and kakao saturate rates the european market. no ads no games no gimmicks. it's free to use and users pay a buck a year for its services. line makes money off of stickers users buy to include in chats with friends. for gamers kakao talk lets you play a game while messaging and with we chat you can buy a soda from a vending machine. small competitors also offers other is platforms. brings a more secure messaging experience and snapchat which earlier turned down a $3 billion offer from facebook, allows each other to sell photos, videos that self-descruct in just second.

whats app handled text messages and the entire $100 billion text messages business. 450 million monthly active user and unusually high engagement. 70% of users use the service daily with a record breaking growth rate. doubled users in the past year and particularly popular overseas. the app allows users to send text messages, photos and individual joe to anyone else with an app without paying carrier textor fees. free the first year and charges 99 cents annually. no word how many users pay and does not include ads. zuckerberg says there are no plans to change that. zuckerberg said in a conference call pe expect it's company to hit 1 billion users in a few years and that people will be happy to pay for the service. kayla? >> julia, a popular product. i used it when i lived in london. not as much here. no doubt, it has a lot of loyal users in that base. josh lipton, in the hometown of mountainview. about 55 employees at this company, break it down evenly, 349 million dollars apiece, all of a sudden. who are they? >> yeah, well, these guys, kayla, are now silicon valley's newest billionair

consider mandating new technology that discourages distracting driving including texting behind the wheel. there is a new mobile appcould disable text and phone kippibility when you are driving. this is blamed on 3,000 nationwide deaths in 2012, 139 of those have been right here if california. >>> anyone who thinks a couple should not have helped up together in hear potter, you are not alone. >> mike is a big fan. >> the author who is ended it different law but she should have paired her with harry but she paired them for personal reasons including how she first imagined the plot. >> i know what we will talk about during the commercials. >> next at 5:00 a.m., google expands the private terry service for workers where commuters will now rub elbows with the google high-tech employees. >> a plan to help evicted tenants and landlords could lose out on rent. rit,amr wn you've got to try this sweet & sour chicken helper. i didn't know they made chicken. crunchy taco or four cheese lasagna? can i get another one of those actually? [ superfan ] hey, america, we're here to help. ♪ [ female announcer ] at 100 calories, not a

it could be a text or something on an app you have to hit. it's about having two parts. a secure id key, a lot of folks in big corporations in silicon valley have them. it's always generating a random code you see on the screen there and you have to to enter that. it's always changing so it's more complex. you have to plug it in because it proves you have it or just type in the number on the screen. it depends how it's implemented but you don't just have a password because that's too easy to figure out and too many times we use the same one for everything. this becomes discreet. microsoft just announced today they are going to use this for office 365 which is their internet version of microsoft office. and also it will be rolled out later this year as the way to be able to log into their actual microsoft applications that you have installed on your computer. so facebook, gas stations, paypal, others have been using this for a while. this is becoming a big trend. >> a lot of times i log into bank of america, it says when was your dad born? >>

what's app allows users to send text messages and phones for free, make it it popular. $450 million peopleountry using what's app and it's growing rapidly by one million new users each day. facebook agreed to pay $16 billion, a quarter of which in cash, and the rest in stock. what's it founders will receive a further $3 billion of restrictive stocks, bringing the deal to $19 billion. this dwarfs previous acquisitions, and the face recognition platform. >> where i am, there's a lot of smart entrepreneurs doing exciting things. they don't always come from... date and for others it means bringing skilled workers in. it we'll tell you why some weak housing numbers shouldn't worry you too much. i'm ali velshi, and this is real money. >> libyans are voting to elect a special assembly. the process is designed to speed up... if you like facebook,

app? a blockbuster purchase by facebook for at least $16 billion. the textng service will operate independently under its own name. what's app has 450 million users and adds another million every day. day. it's growing faster than twitter. and stock options could add another $3 billion to the price. facebook founder, mark zuckerberg, says it is worth it all. >>> all right. at least one lucky ticket holder is about to collect one of the largest jackpots in u.s. lottery history. $425 million. the winning powerball numbers drawn last night are, 1, 17, 35, 49, 54. powerball number is 34. that one matching ticket sold at a chevron gas station in milpitas, california. that's near san francisco, which will get $1 million, by the way, for making that sale. >> too bad, too bad. >> one lucky person, i wonder if they know they won. they are probably just sleeping away. >> all right, here is a look at your weather. rain, snow and high wind in the pacific northwest. to the east, a blizzard hits the upper midwest from iowa to wisconsin and expect violent storms from chica

text sent worldwide. messaging is a big business these days and there are more apps that are cashing in. facebook's purchase caught the aword abuzz and for a giant looking to gain new users messaging apps are a smart bet and making up half of the top ten most down loaded apps worldwide outside of the games and offering the presence of the aging networks. whatsapp is found in emerging markets like mexico and south america and asia. we we chat dominating china. line is big in japan and talk with 133 million users saturates the the core ian market. the users pay a buck a year for the services. forgamers, playing a game while messages and we chat buy a soda from a vending more or giving money to celebrate the chinese new year. viber offering free voice calling and blackberry's im is bringing a messaging service and snap chat turned down the offer from facebook allows to send photos and videos that self-destruct in seconds. and avocado that offers send messages for lovers. what is the next big thing, i asked the vice president of global corporate communications that tracks the appses and coun

the social media buying a text messaging app with 450 million users worldwide and they paid $16 billionr it and the largest acquisition from facebook and the latest move by the cofounder and founder mark zuckerberg to stay in the marketplace. it is more prominently used overseas. it does not sell advertising and has little revenue and charges a flat fee of $1 a year. facebook will pay $4 billion in cash and purchase 12 billion of shares and this deal could be valid as high as $19 billion. @)j app because it just has 55 employees which amounts to $344 million per+ao employee. >> when facebook went public, they had one mantra. we are going mobile because that is where the world is. >> where the money is. >> that's the future. did they overpay? most people on wall street think they paid too much to this. 450 million users they are buying. when a company goes public, like facebook, what you're investing in basically is that they are going to make the right moves as far as0ís"÷ how they take that capital and what companies they are going to buy. to me this seems=o@8 like a ridiculously high

and we're a little blind to in the united states because facebook's messenger app has been so popular and text messaging plans are cheaper here than around the world but so many places around the worlds what app is the way that people talk to their friends and family, since nobody is talking on the phone any more. they are just texting. and facebook can't let that opportunity pass. >> and why ask it worth $19 billion potentially. i looked it up today and was reminded that comcast paid, i think, $17 billion or $18 billion for nbc universal just a couple of years ago. >> it's hard to quantify exactly how much it's worth. facebook paid 10% of its market cap, $35-- 35% of the cash it has ons what app. and that is a fraction of the money face bok has to spendment but i think that it's not as much as it could have-- have eventually meant for facebook hads what app taken over the world. world is moving increasingly to mobile devices, a place that face book has struggled. so they're very afraid ofs what app. so the price i think matters less than kind of securing its place. now facialbook owns the two

district have laws against talking and texting while driving, but it is not known if it will impact loss here. so the next billionaire will be a kid who programs an app that connect your gps and texting at the same time. >> let's turn to the weather, lots to talk about here in the freezer. >> it is cold. 43 and 25 the high and low, 50 and 33 the averages. the current temperatures, leesburg 13, feels like to degrees, 17 in burke. college park 19, feels like the single digits. a current temperatures in the computer model, 18 washington dulles, 16 gaithersburg. the wind is still gusting. the wind chill is in the single numbers. one above that washington dulles. oakland, the windchill is 12 below zero. with the cold, dry air, the wind that is continuing to drive down the windchill. in the morning, it will be bright and sunny, sunrise at 6:42, but the air temperature is five to 15, and enough breeze to drive the windchill lower. clear skies tomorrow, clout saturday and sunday. then we jump into the pacific ocean. look at this huge storm swirling offshore. tightly wound up. this is causing rain to move into the california coastline, and the next couple day

. >> if i get a text on my phone, this is my mobile app. ying verizon, at&t, or somebody something, why is this better than text? >> a stupid person question asked by erin burnett. >> there are no stupid questions. >> in layman's terms texting takes away from a bucket of texts that you may get. you may have unlimited texts and it doesn't matter. texting in forms of data is very, very small amounts of data. even if you only have a one or two gigabyte data plan sending hundreds of messages is not going to eat big into that. >> little cheaper? >> definitely. you buy into this? i get it, apps are popular. $19 billion. >> it's not the $19 billion. it's the 498 million people using it. the challenge, brett mentioned it before, i talked to experts, experts being my nephews and nieces on my way over here, it's funny. they don't use facebook anymore. why? because geriatrics like us are on there. >> right. you don't want to be where we are. >> right. >> what is this? is this something -- i'm not just texting you or having a little conversation with th

whats app is a worldwide popular texting & messaging service. the deal could possibly help the social media company dominate over messaging apps such as snapchat. although, whats app fans are concerned about facebook's influence in terms of ads. and, fun fact...prior to creating what'sapp... the founder lived on food stamps, and created the free messaging service because calling home to the ukraine was expensive. food delivery company "grubhub seamless" is on the go with an ipo. the company aimed at people who order takeout food online reportedly filed for a confidential initial public offering. the ipo could happen by june. grubhub started up in chicago in 2004. seamless launched in 1999 in new york. as a combined company it processes 150,000 customer orders per day. challenging days are ahead for walmart...fourth quarter profits plunged 21% to $4.4 billion. and, the world's largest employer gave a muted outlook on earnings for the rest of the year. the retailer blames tough winter weather and the government's november first expiration of of add

the app sends text messages, photos and anyone else using the app on any operating system for free withouts. it's free for the first year and then charges 99 cents per year. it eliminate the potential threat to mobile apps, facebook is paying $4 billion in cash, $12 billion in stock. plus an additional 3 billion in restricted stock over the next four years. now, zuckerberg said on a conference call, he's focused on growing the service and he does believe people will pay for it. >> we just think that -- the growth rate they have today and the modernization model is early but promising, in place what they have. we're very excited to work together on this. >> the sky high price tag sending the stock lower after hours. analysts explained evaluation in the context. it has nearly twice twitter's monthly users and facebook is paying half of twitter's market cap. whatsapp is 15 times instagram users. it's generating revenue. we'll have to see whether investors think facebook can make money from the service fast enough to justify its valuation. becky? >> julia, thank you very much. we'll see you ag

our camera guy's joey's android app and i put in the app where it asks, bro who is your girlfriend and i picked myself and sure enough i did get a textaid can't wait to see you tonight with a smiley face x-mouth which means i'm being naughty. it does, in fact, it's really a working app. >> whether you are lifting, gaming, or just hanging with the bros, bro app, maximizing your relationship. >> i mean, let's get real, if you are using this as an actual tool in your relationship, you probably shouldn't be in the relationship. >> you are a tool! >> yes. >>> that's our show, everybody. we'll see you for the next edition of "right this minute." >> the new diet craze women are taking to the extreme. dr. oz: how did this trend get so outing -- of control? >> women dangerously obsessed with getting a thigh gap. going from this to this. the book that has oz outraged. dr. oz: don't you think you are training women how to starve themselves? >> absolutely not the dr. oz: do you think you are qualified as an expert to give some of the advice you are offering? >> coming up next on "dr. oz." [applause] dr. oz: in my hand is the single most extreme

our camera guy's joey's android app and i put in the app where it asks, bro who is your girlfriend and i picked myself and sure enough i did get a textaid can't wait to see you tonight with a smiley face x-mouth which means i'm being naughty. it does, in fact, it's really a working app. >> whether you are lifting, gaming, or just hanging with the bros, bro app, maximizing your relationship. >> i mean, let's get real, if you are using this as an actual tool in your relationship, you probably shouldn't be in the relationship. >> you are a tool! >> yes. >>> that's our show, everybody. we'll see you for the next edition of "right this minute." anncr: at jennie-o we heard of a place in iowa where every thursday people ride 10 miles for tacos. we thought we'd show up and surprise them with a better kind of taco made with jennie-o ground turkey cooked thoroughly to 165. i feed my kids turkey tacos over regular tacos any day. i think they are light and they are just fresh tasting. yeah. when i eat well, i feel well. anncr: it's time for a better taco. the tacos tonight were pretty much perfect. make the switch. look for jennie-o ground turke

>> it's a messaging app that works internationally, but it works over data and not text messaging. >>fective way to text. >> and also you can use it with people all over the world. it's almost like skype but for text messaging. >> now that's a good analogy. now i know what it is. >> is it worth it? >> you're paying for the users? >> they're definitely buying up the users and they're getting millions of new subscribers every day. the reality for facebook is they're not keeping or getting really that younger audience, that under 17 that they need to get into the fold of facebook. that's not what people do with media anymore. >> all right. but still, facebook's got a lot of cash. >> right. right. >> but 19 billion, they obviously did their own quantitative analysis. what companies does this now make this what the app worth now more than in terms of a big company we all know? >> it's probably one of the smaller electronic companies. >> like le jit companies. i know it's bigger than matel, the toy company. >> it's bigger than exxon -- no. definitely not bigger than exxon. >> the last time

what's app is a mobile messaging system that replacing texting on your phone and lets you second mediaf any kind. it has about 450 million active monthly users, and registers about a million new users every single day. the daily message volume is now nearly equal to that of all text sent worldwide. messaging is big business these days, and there are many more apps already cashing in. facebook's purchase of what's app brought the world abuzz. but messaging wraps a smart bet. they make up over half of the top ten most downloaded apps worldwide outside of games, and offer a huge presence for aging networks. what's apps millions of users can be found in merging markets. and in asia there is a slough of competition around gaining ground. we-chat dominates china. line is big in japan. and kakao talk with 133 million users saturates the korean market. what's app is free to install and users pay a buck a year for its services. most other apps are free, line makes money off of stickers users buy to include in chats with friends. for gamer kacow talk lets you play games. smaller competitors also

what's app allows for free texting on most smartphones. facebook shares fell 4% in heavy trading last night on the news. after hitting a new high wednesday of $69 dollars. trader mark sebastian of swan wealth advisors joins us now. i want to talk about that turn for the worse that happened in the stock market yesterday on comments from the fed. will we see follow through today mark? >>i think so. we saw a huge move in the vix along with the s&p 500 selloff. when the vix makes a big move relative to the s&p it almost always points toward some continued weakness. i would be steering clear of the broad market indexes right now. i'd be waiting until we hit that 100 day moving average again that the market seems to really like bouncing off of. >>tesla shares soared off of earnings last night. but will that continue today? the stock was climbing some 16% plus. >>huge move. the market was expecting about a 10% move. it moved way more than that. it crushed earnings. those environmental credits are really working out well for them right now. in the

app. it allows users to send unlimited text messages anywhere in the world for free. least the few eyres. >> it's actually twice the size of wait per . >> facebook is paying $13 million more for what's app than they did inthat cram. if you havened heard of what's a, your kids probably have. and that may be the point. >> facebook hack facing a lot of flook for losing ou on a younger demographic. they've already gone after other companies including snapshot. 450 million people are using it and a million more are signing up every day. he's connected people of the world. if there's a company that's doing that and might be doing that a little bit better than facebook, he seems to be going after them. >> just last month, the co-founder spoke about his success. >> we're so overwhelmed by growth. it's kind of mind boggling. the simplicity of our product is really what drives us. >> he and co-founder poured their life savings into what's app growing it and catching the eye of facebook found per. >> mark zuckerberg decide head wanted to buy what's app two years ago. the ceo sai

. >> reporter: what koum and acton dreamt up is an app that lets users text across the globe without getting hit with huge phone bills. for jan koum, it's an american dream come true. born in a small village in the ukraine. at 16, he and his mother would come to america, surviving on food stamps. but koum would teach himself computers and he was good. after not getting the facebook job, he and brian acton poured their life savings into whatsapp. growing it and then catching the eye of facebook's founder. but koum was hesitant. >> mark zuckerberg wanted to buy whatsapp two years ago. the ceo of whatsapp said no thanks. >> reporter: on valentine's day a change of heart. koum was ready to sell. >> he came over for dinner and actually interrupted mark zuckerberg's valentine's date. and over chocolate-covered strawberries they hammered out the deal. >> reporter: koum signed the deal, where he used to wait in line to collect food stamps to sign the lucrative deal. tonight, he's $6.8 billion richer, still never forgetting where he came from. >>> up next -- sleepless in america. a nation of

texting fees. the deal is a staggering $320 million per employee. the two co-founders of what's app are former yahoo employees. one of them immigrated to the bay area from the ukraine and lived on food stamps at one point. mark zuger burg said quote more than one people sign up for what's app every day and it's on it's way to connecting 1 billion people. >> amazing. >>> silicon valley becoming its own state. is this wild idea gaining traction? >>> i'm scott budman in the south bay where several cities made the list to get their internet speeds boosten up to 100 times thanks to google. >> i'm kimberly tere where huge crowds are cheering polina edmonds. >>> local transportation leaders are on the defense tonight. even though there were disputes over broken bolts, reinforcements and water leaks, the lead contractor was reportedly rewarded for petie h deadlines a. spokesman said even though bonuses are paid cal tran and the mtc can hold the contractor accountable by with holding payment. >>> a radical change could be in store for california's community colleges. a proposed law would all

what's app allows users to send text messages on phones for free, making it popular. 450 million peopleently use what's app, and it's growing rapidly by roughly 1 million new users each day. facebook agreed to pay $16 billion, a quarter in cash, the rest in stock. a further $3 billion of restricted stocks, bringing the deal to $19 billion. this dwarfs some previous acquisitions, including photo sharing app instagram, and face.com. >> in silicon valley where i am there's a lot of smart entrepreneurs dining exciting things. often the big things is from the small start ups. the best way to get the talent is acquire them. usually not at that price tag. facebook says it will keep what's app as a separate service, the purchase allows it to continue gathering data from its customers which can turn into revenue-generating services. >> let's catch up on the sport. >> the manager has been at it again, pointing the blame at bayern munich as the team were left facing relegation. his 10-man team lost 2-0. arsenal's player was september off for a foul. a -- was sent off for a foul. venger blamed baye

facebook has made a blockbuster buy picking up a popular app for $19 billion. the text messaging service whatsapp has 450 million users and adds another million every day. facebook is hiring all of whatsapp' employees which is kind of ironic. four years ago whatsapp creator brian acton said facebook turned me down. it was a great opportunity to connect with some fantastic people. looking forward to life's next adventure and now he's on facebook's board. >>> the largest clothing retailer in the country is giving its workers a raise. gap says it'll pay a minimum of $9 an hour this year and $10 next year. this as many states and congress consider raising minimum wages. gap has 65,000 employees in its six chains, which include banana republic and old navy. >>> the question for capital one users may not be so much what's in your wallet as who's at your door? buried in the fine print of its credit card agreement is that the company can contact you however it wants, even with a personal visit. that has some customers upset and capital one says it is reconsidering that clause.

app for $19 billion. what's applets smart phone users share text and photos. it was founded in california in 2009 and has been enjoying rapid growth. just like a rival service in japan called line. what's app now has 450 million users around the world. the deal indicates that facebook is hoping to strengthen its mobile communication services. ceo mark zuckerberg wrote on his facebook page that what's app is on its way to connecting 1 bill yawn people. he called the service simple, fast and reliable. that's all for business news for this hour. i'll leave you with a look at the region's markets. >>> a u.s. naval intelligence chief says chinese commanders may be preparing a strategy for taking the senkaku islands in the east china sea. captain james fanell heads the pacific fleet intelligence and information operations. he mentioned an amphibious exercise the people's liberation army conducted in southern china last year and offered his analysis. >> the pla has been given a new task to be able to conduct a short, sharp war to destroy japanese forces in the east ch

app. zuckerberg talked about buying the texting and messaging company for around $19 billion dollars. he defended the price tag monday, calling the deal a bargain. also monday-- nokia introduced its first android- powered smartphone. samsung also was a show stopper with it's new galaxy s-5. this new phone from samsung its water resistant, it's got a fingerprint sensor, a heart rate monitor, a slightly larger screen at 5.1 inches measured diagonally. it's got a leather like feel to the back, 16 megapixel camera, a whole laundry list. that was tech journalist marc saltzman. intel could be a stock to watch this week, as the chip maker will reveal more about it's plans to get into wearable tech at mobile world congress, today. tech giant cisco offers up its first debt for sale in three years. cisco begain placing corporate bonds on the market monday. the bond sale reportedly could total seven billion dollars. cisco will use proceeds from the sale of bonds to return capital to shareholders through its stock repurchase and dividend programs. the tech giant plans to buyback 15-billion dollar

the app allows unlimited texting on phones including internationally for 99 cents a year.s a ukrainian immigrant who was on food stamps when he first came to the u.s. at 16. >>> a medal made of bacon to honor olympian sage kotsenburg. the snowboarder tweeting a week ago he wishes medals at the olympics were made of bacon. a pennsylvania company created one of turkey bacon. >>> estimates on how much revenue pot sales could bring in for the state. an estimated $134 million in the fiscal year beginning in july. much higher than what was expected. >>> better late than never, right? a 101-year-old florida man setting his sights on becoming congress's oldest freshman. joe newman of sarasota tossing his hat in the ring as a write-in candidate for florida's 16th congressional district. november's race pitting him against democratic challenger henry lawrence and republican incumbent vern buchanan. the district widely considered a republican stronghold. that's not stopping joe. joining me now, joe newman. joe, i really wanted you on "the real story" because i see that your campaign

what's app allows user to say send text messages on phones for free, making it extremely popular. 450 million people currently use what's app and it's growing rapidly by roughly 1 million new users each day. facebook agreed to pay $16 billion for it, a quarter in cash and the rest in stock. what's app founders will receive a further $3 billion worth of restrictive stocks bringing the overall deal to $19 billion. this dwarves some of its previous acquisitions, including photo sharing app infra gram and the face recognition platform face.com. although facebook says it will keep what's app as a separate service, the purchase allows it to continue gathering valuable data from its customers, which can eventually turn into revenue-generating services. >> what's app doesn't sell advertising and has very little revenue, charging users just $1 a year for the service and the first year is free. >> 50 people are going to be very, very rich to say the very least. >> they'll figure out how to monetize the service. >> freedom of the press on trial in egypt, three of our colleagues accused of having

the app let's people text by free by using broadband instead of a phone contract. many young people who use their phone to text more than make phone calls. according to a new book it's complicated, the social lives of network teens, young people use these tools differently than their parents. students are more attentive to the collapse of context which makes some online interaction so unpredictable and they're also both more social and more nua e nuanced about privacy. six out of ten teens keep their profiles private and have edited or deleted context. boyd's worked as a researcher for google, yahoo! and intel and currently serves as principle researcher sat microsoft. it's an honor to have you here. >> honor to be here. thank you. >> you have a big bio. one of the things you talk about here is the structure affordances that different social media sites provide. they incentivize a certain type of behavior. >> it sticks around for a long time. you're constantly having to navigate the content you wrote for now in the future. that's why something like snapchat is so i

. >> what they dreamt up is an app that let users text across the globe without getting hit with huge today 4 50 million people are using it and 1 million more are seeing up every day. for this map item an american dream come true. born in small village in the ukraine at 16 he and his mom came to america. surviving on food stamps but he would teach himself computers and he was good. after not guest the facebook job they newtown life savings and then catching the eye of facebook founder but. >> mark decided he wanted to buy it two years ago and took the ceo out for coffee and they said no thanks. on valentine's day. >> came over for dipper and actually interrupted zuckerberg valentine's day and over chalk lad covered strawberry they got the deal done. >> he used to wait in line to collect food stamps. tonight he's 6.8 billion dollars riche richer. >> important thing is focus. >>reporter: never for getting where he came from. new york news. >> working out nicely for them. 2 day john fair in berkeley designed to help students find work outside academic. it's called beyond academic and he

app. >> access to storage, my text messages, i don't know how i feel about that. >> the free app required it to give permissions to 9 areas of his phone before they could download it. >> i don't know why they two need my account information to translate something in a language. >> we're trading privacy for convenience. >> he says downloading those free apps can come at the highest price. too many of us suffer from what we call privacy fatigue, a requests for access to our information by simply clicking accept. >> what a good application does or a bad one is invisible to you until they start subscribing you to expensive services or log in credentials. >> even as something as simple as a flashlight. before i can download the app i had to give it access to my gps location, security experts call that scary. >> why are these things necessary to have a flashlight, i thought you could tell me. >> it's useful to the flashlight vendor who takes your data and sells it. >> it settled with the fcc saying it dereceived customers. they have criticize the the android operating system for offering privac

. >> stefan went to download the google translate app, access to storage, my text messages, which i don'tfeel about that. nine different areas of his phone were to be given access before they downloaded. >> i don't know why they would need my account information for me to translate something into another language, so i'm not sure. >> we're trading privacy for convenience. >> mr. kline with tech security says downloading those free apps can come at the highest price. too many of us suffer from what he calls privacy fatigue, a never ending barrage of access to our information asking us to simply click accept. >> the difference between what a good and bad application does is invisible until they start stealing your logging credentials. you've given those rights away. >> even as something as simple as a flashlight. >> i had to give it access to my gps location, camera and my phone calls. security experts call that scary. >> your all these necessary to have a flashlight? >> i thought maybe you could tell me. >> it's useful to the flashlight vendor who takes it and sell its. >> the makers of th