tom wheeler for not doing what he says. that is a long-standing constitutional rule. he can't say i'm glad for your input, but i have a different view. on the other hand, it is difficult to disobey the president. he is the head of the country. on the other hand, wheeler will have a lot of people in congress telling him not to do with the president says. is, frankly, even by net neutrality standards, a new area. that thereict is will probably be a lot of therts -- you have to think most likely outcome is the tangle will delay things a little bit. it may get tangled up in the question of whether the administration is allowing comcast to take over time warner. i believe they will all get tangled up. >> why would that get affected? >> the main -- it is really not illegal. it is legal and political. subject of the net neutrality rules is the cable and phone companies that offer broadband internet. so the proposed comcast takeover of time warner would have an enormous effect on, first of all, the danger posed by abuses of net neutrality, the principle of ignoring net neutra

it will be an interesting moment to see what tom wheeler does. there was a article where tom wheeler is separating himself, saying we are an independent agency, we will do our own thing. obama'sd president approach to net neutrality naÏve and simplistic. simplistic isand to consider than 4 million people have commented on this issue, the most ever at the fcc, and to not take those voices into account, 99% of which were in support of net neutrality. takingident obama, in the stand, is not only going against a cable and telecommunications industry, but also against many of the major civil rights organizations in the country that have been remarkably awol on this issue, or have been supporting the cable companies and telik an indication companies which always provide their conferences and conventions, programs, major funding. can you talk about this internal battle in the civil rights community about the issue of net neutrality? see ais unfortunate to lot of the legacy organizations take a position like this. color of change often compares net neutr

last year, and before smith, chairman of the ncta was tom wheeler. where is he now? president obama named him the chairman of the f.c.c., the very body that will decide the fate of this proposed merger. and for anyone at the fcc thinking about their next job, former chairman of the f.c.c., michael powell, he's now the c.e.o. of another company. she left the f.c.c. to go to comcast as their chief lobbyist. she's one of 107 lobbyists who are trying to use all of comcast's power, influence and money to urge washington to accept this deal. >> cory johnson is in the newsroom now with ncta president and former f.c.c. chairman, michael powell. cory, take it away. >> michael powell joins me right now. we're talking about this notion going back and forth, going from government to go to the private sector. the private sector informed by that, so is government. when people look at that and they see the numbers going back and forth in terms of lobbying, they're concerned. should they be? >> you should always be concerned to make sure the government is operating ethically. i thin

the second thing is, what do you think of the proposal, as chairman tom wheeler issued it in april? >> guest: i do think that the network neutrality debate is about the quality of connection but presumes people already have connections, and i talked about the zero rating program, there's a separate question -- maybe we should think about how to system lit investment in the net, -- network and maker cheaper. second, if you back at the ol' proceedings from the 2010 order, huge number of state and local politicians wrote in almost overwhelmingly democratic. this wasn't a partisan issue. they said, don't do it. 70 house democrats, a third of the marriagity caution, said deposit do it. >> host: you mean reclassification? >> guest: if you can't manage the network, the only way you can maintain the through-put is by building more capacity. building more capacity makes networking more expensive. making it more expensive makes it harder to reach rural areas so they tend to all be rural politicians who did not want to make net,ing more expensive. -- networking more expensive. the other thing

and then the second thing is what do you think of the proposal, as chairman tom wheeler issued it in april? >> guest: so i do think that the network neutrality debate is mostly about the quality of connection, but it presume is more people who -- presumes for people who already have connections. there's a separate question of, you know, maybe what we should be thinking about is how to stimulate investments in the networks and how to make that cheaper in order to connect those people. second, demographically what's fascinating is if you look back at the old proceedings from the 2010 order, huge number of state and local politicians voted. almost overwhelmingly democratic. so this wasn't a partisan issue. they said, don't do it. 70 house democrats, so basically a third of the majority caucus wrote many and said -- >> do you mean reclassification? >> guest: don't do even the 2010 order. why? because if you can't manage networks, the only way you can maintain the throughput is by building more capacity. building core capacity makes networking more expensive. making it more expensive make

tom wheeler has an opportunity to do this.there will be a reasonable and progressive approach to incorporating the best, the most flexible, the most innovative approaches to ensuring open internet for all americans come all consumers, resigning our wonderful internet to the status of just another public utility. >> either way, we don't know until 2015. jonathan spalter, thanks for weighing in. >> thank you. cofounder biz stone left the company to become a venture capitalist. we speak to him about his next big thing when "bloomberg west," returns. you can watch us streaming on your tablet, phone, bloomberg.com, apple tv, and amazon fire tv. ♪ >> i'm emily chang. this is "bloomberg west." encore to twitter with an app named jelly, aimed at making search more human. he wants to have more fun with his latest app called super. it lets images share users. can share with friends almost anonymously. we ask what that means. i'm joined by twitter cofounder biz stone. great to have you here. anonymous-siish. i like it. >> most people don

it is the sec and tom wheeler. tom wheeler, who has wanted to bridge a more hybrid line.t does he have to follow-up with? what happens? >> that is not fair. i met with tom wheeler in a group meeting. a case that we believe the sec should move immediately and adopt what president obama is forward in his land. .t is a great plan hope the timeline is lady styx by the 11th, the meeting in december, hopefully, there will be rules. i thank you for joining us. he is presented many companies on net neutrality. coming up, alibaba celebrating singles day with a record trillions of dollars of sales. hear from the cofounder of the chinese e-commerce giant joining us in a moment. but very open to expand in the world houses largest market. china answering blackberry's problems. stay in the loop. ♪ >> 14 hours is how long it took ali baba to set record sales on china's biggest stopping day, singles day. ali baba has those are sold $8 billion worth of urgent ice, a record. the first time a company tapped sales,gn brand to reduce including u.s. brands. calvin klein, american eagle, and co

and so it is possible that tom wheeler can say i'm glad for your input, mr. president, but i have a different view of this. on the other hand, it's difficult to disobey the president, you know? he is the head of the party, head of the country. on the other hand, wheeler's going to have a lot of people in congress telling him not to do what the president says and, of course, industry has never liked this. so it is, frankly, even by net neutrality standards a new area of chaos. what i predict is there will probably be a lot of efforts to get wheeler to act, but you'd have to think the most likely outcome is that the tangle will delay things a little bit. and, frankly, to get not too much in the weeds, it may get tangled up in the question of whether the administration's going to allow comcast to take over time warner which is a slightly different issue, but i believe they're all going to get tangled up now. >> host: how so? >> guest: well, it's really not a legal -- well, it's legal and political. the main subject of the net neutrality rules is, of course, the

is looking for someone, they have to go to tom wheeler, someone who has been paid so much money, whatevert is, by the industry? >> you to ask the president of the united states what goes into his choice for which he chooses as chairman. >> i would much rather talk to you. >> tom wheeler was in the trade business 30 years ago. is there a statute of limitations when you can return to public service? i think the country needs qualified, talented in-depth public servants. i think the president was looking for someone who had that background. he was widely heralded when the selection was made as somebody who had a deep understanding. i would argue yes, it is pretty complicated. >> talk to me about the membership companies. what they want, companies like comcast, time warner cable, what do they want in particular out of this ruling for net neutrality? >> our membership is pretty diverse. we have not only operators, companies like comcast, time warner and charter. we represent all of the content companies like viacom, disney, and fox. >> in terms of revenue, who is giving you most of the money?

comfortable that tom wheeler can say that i am glad of your input mr. president that but i have a different view. on the other hand it's difficult for the president. he is the head of the party in the head of the country. on the other hand wheeler could have people from congress telling them not to do with the president says which is very different and of course industry is never like this so it is frankly even by net neutrality standards and new area of chaos. what i predict is there will probably be a lot of efforts but you have to think the most likely outcome is it will delay things a little bit and frankly not to get too much in the weeds may get tangled up in the question of whether the administration is going to allow comcast to take over time warner which is a slightly different issue but i believe they will be tangled up now. >> host: how so? why would that be effective? >> guest: well the main, it's really not well with legal and political. the main subject of the net neutrality rules of course the cable and phone companies offering broadband

the second thing is, what do you think of the proposal as chairman tom wheeler issued in april? >> i do think the network neutrality debate is mostly about the quality of connection. it talked about with zero rating programs, there is a separate question. maybe we should be thinking about how to stimulate investment in the network and how to make it cheaper to connect those people. demographically, if you look back at the old proceedings from the 2010 order, a huge number of state and local politicians voted. almost overwhelmingly democratic. they said don't do it. 70 house democrats said don't do it. >> you mean reclassification? >> even the 2010 order. if you can't manage, the only way you can maintain is by building more capacity. more capacity makes networking more expensive. making it more expensive makes it harder to reach rural areas. they tend to be rural politicians who did not want to make networking more expensive. that is the flipside of what you're talking about. minority populations tend to rely on wireless devices. they have a very particular set of profiles. seni

his appointed chairman tom wheeler must decide how to move forward on this.the president to rush of the outcome at the fcc and call for rules that a number of internet service dividers like comcast, verizon, at&t will oppose because they go much further than what has been under consideration at this point. what is important here -- and we point -- changing the regulation of the internet to treated more like a phone service -- a huge legal change the president is arguing for. it has been under consideration, and the president says you need to do this because it will give you the basic -- toughest enforcement power. >> the quote is "i believe the service atreclassify the same time for bearing rate provisions and other provisions less relevant to broadband service. tell so, the resistance -- how do you expect comcast another -- >> so, the resistance, how do you expect others and comcast to react? >> it was a possibility tom wheeler would do this on his own, that he has talked about a hybrid approach, a softer approach that would win more support her if he goes t

and before that, the chairman was tom wheeler.nt obama named him chairman of the fcc, the very body that will decide the fate of this proposed merger. for anyone at the fcc thinking about their next job, the former chairman of the fcc, michael ansil is the ceo of the ta. she is one of 107 lobbyist trying to use all of comcast's power, influence and money to urge washington to accept this deal. cory johnson is in the presidentith the ncga and former fcc president michael powell. >> we are talking about this notion of going from government to go to the private sector and the private sector is informed by that and so is government, but sometimes when people look at that and see the numbers going back and forth in terms of lobbying, they are concerned. should they be? beyou should always concerned to make sure your government is acting ethically and appropriately, so i think it is a legitimate question. i think it gets overstated by simplistic looks. i left the fcc for six years before i ever entertained a job in the industry. i had a

fcc chairman tom wheeler drop some hints on net neutrality. he says he wants to make sure that the new open internet tools are legally sound and will withstand challenges. he says he wants to write the rules quickly although the fcc has previously said the process will drag into next year. turner broadcasting channels are back on the dish network at least for the next few months. this comes after the company's recent interim deal in their heated dispute. willhort-term agreement keep the channels on dish will companies try to reach a long-term solution. cory johnson has the lead story. >> now to the lead -- president obama's plan for immigration reform was not the widespread overhaul the tech industry was hoping for. absent, expansion of the visa program for highly skilled workers. the president did propose foreign-born students and recent graduates of the tech field to stay in the united states for more than two years. the president will direct the department of homeland security to make it easier for foreign-born opsin -- october 2 hours -- e

tom wheeler was in the trade business 30 years ago.s there a statute of limitations when you can return to public service? i think the country needs qualified, talented in depth public servants. he was widely heralded when the selection was made as somebody who had a deep understanding. i would argue yes, it is pretty complicated. >> talk to me about the membership companies. what do they want in particular out of this ruling for net neutrality? >> it is twet diverse. we have not only operators, companies like comcast, time warner and charter. we represent all of the content companies like viacom, disney and fox. >> who is giving you most of the money? is most of the money from one side of snap >> our dues are rated by subscription. it is obvious bigger members pay a disproportionate amount of the deuce. i don't think that alone buys you direct influence over the choices they make. i would be the first to con if he is, yes, we lobby. we manage an enormous amount for the industry. we manage the industry's trade show. we represent the in

commissioner tom wheeler who was appointed by president obama wants to do some of what the presidents but also wants to address concerns from the big cable companies comcast, at&t and others. >> they are pro toasting old navy for marking up the price of women's plus size clothing not men's. it does not base higher prices than regular sizes. 16,000 people have signed a petition. gap which is part of old navy says it is more expensive to make plus size clothes for women than men. a look at what they are doing in the premarket the dow is down 20 points. >> to find joe on fox business network log on to foxbusiness.com slavsh channel finder. >> the time now is about 25 minutes after the cop top of the hour. coming up new clues about i see had final days. what we are now learning about robin williams and what may have gr driven him to suicide. >> you better read the fine print when the word unlimited has limits. but first on this day back in 9 1980 voyager one takes the first images of saturn's rings. >> in 1991 robert gates was sworn in as a cia director. >> the man who killed osama bin l

the fcc is writing information on this and tom wheeler is considering the president's proposal. people claim it will lead to heavy government regulation of the internet. if the gov that decision is more properly than by the congress and not by unelected regulators without any record to support the change in regulation. at&t is threatening to sue the government. the president is at the ape next beijing. the president says those negotiations are making progress. (?) obama: what we are seeing is momentum building around a to the partnership that can spur greater economic growth spur greater jobs growth. set high standards for investment -- the fastest most dynamic region in the world economically. >> though china the region's largest economy is refusing to join the talks instead pushing for an asian trade deal excluding the united states. liz. liz: there is so much more on this. how about porn. you didn't expect us to bring up porn, did you? >> no. liz: the porn industry could be heavily affected on who is going to be the gatekeeper of the internet. the adult entertainment industry

obama's appointed chair of the fcc, tom wheeler, who is a former lobbyist for both the cell phone and cable industries, has said the agency will need more time to craft its proposed rules. a militant group in egypt has pledged allegiance to the islamic state. the declaration by the group comes amidst rumors over the fate of islamic state leader abu bakr al-baghdadi, here are some -- the pentagon has not confirmed any details of his death. iraq war veteran and antiwar activist tomas young has died just weeks before his 35th birthday. in 2004, young was shot and paralyzed in iraq. last year, 10 years after the invasion of iraq, young announced his intention to take his own life due to immense suffering from his injuries. he wrote a letter to former president george w. bush and vice president dick cheney, which he read on democracy now! reckoning, yours will come. . hope you will be put on trial i hope you find the moral courage to face what you have done to me and to many, deserved towho live. >> tomas young later decided to live. he died at home this week in seattle. we will talk more

but as of today, fcc chairman tom wheeler is back on message. his tail firmly between his legs. and the president tuesday unilaterally announced a cut in u.s. carbon output over the next decade and he called that unilateral overreach an agreement with china. china, which agreed to do absolutely nothing. >>> well, the current democratic senate majority leader joining republicans, senator harry reid urging president obama to delay executive action on immigration. the senator voicing concerns about the disruption of a potential spending deal. opponents claim mr. obama's plan would require immigration officers to abandon statutory enforcement duties in order to process millions of amnesty applications. illegal immigrants would be issued work permit, social security numbers, and photo identification at significant expense to the u.s. citizenship and immigration services, all congress has to do is to prohibit funding to that >>> our next guest supports just such a move if this president acts unilaterally. joining us, senator pat roberts, who last week defeated independent challenger g

benjamin tom wheeler moments ago from the health and human services and terry sylvia mathews burwella cases in my. have declined. as the international community gotten the message about the urgency of the situation in west africa? >> you are looking at the results of months of effort, in particular around educating communities so they understand that ebola is real, doing basic core public health where you take a case, track all the ittacts, and you address from the medical and public health perspective. you have seen the results of that. let me caution folks -- we have seen this disease go away before and come back. that is what people are mostly concerned about right now. the international monetary fund managing director christine lagarde told last month's annual meeting of the imf and the world we should be very careful not to terrify the planet and respect the whole of africa." what are the economic consequences of the fear of ebola? >> that is a challenge kit that is something we have been trying to do and what the administration was trying to do initially to give people a measur

this morning advocates blockaded the ftc's tom wheeler's driveway and proposing a more lenient plan for bad companies to strike dealers saying he'll include the statement with the 4 million plus other comments received and the influence sent stocks, time warner table chartering and coming out against obama's proposal. the president's proposal, though, a win for internet companies of netflix and youtube to pandora and ebay. netflix ceo tweeted consumers should decide, not broad bad companies. this is not the end of the story. >> no, it is not. thank you. should the internet be treated like a public utility in head to cnbc.com/vote and opening the polling right now. joining us, craig aarons. ceo of free press. welcome. what was your reaction to the announcement today by the president? >> i was thrilled by the president's announce. . i think it's time that the administration came out strongly for real net neutrality and what he did. i think these are the exact protections that internet users everywhere need to benefit not just a couple of big internet service providers but the internet and

look at chairman tom wheeler's speech where he said that 70% or more of americans, their only choice for 25 megabits per second is their local cable company. so we've got -- >> so for 70% of people that want to get high speed internet access, it's their local cable provider. >> that's it. that's the only choice. what's happened over the last ten years, we've seen enormous consolidation and, frankly, division of markets to where the only choice is your local cable guy. and they are under no supervision. the president is saying let's make sure that the f.c.c.'s legal authority is secure so it can create rules. that's all that's going on here. he's made a very bods and correct statement. >> when she says there is no supervision, that's actually not true. there are a number of laws to be used against cable companies or wireless broad band providers if they were to be anticompetitive. there's certainly the anti-trust laws. the play to spar would have a field day. state attorneys general would have a field day. there's a whole arsenal of legal weapons that consumer advocates and consumers

tom wheeler, the fcc chairman, has not seemed to be wanting to go down a title two road when it comeso ensuring net neutrality and how to regulate high-speed connections to the internet. i did ask mr. malone what his thoughts were on the matter. >> it's a bit of a race condition. it would be unfortunate if the government intervened too heavily. really, letting this capital marketplace play out will see multiple terrestrial providers, at least two, since the telephone industry has pretty much committed to build out and upgrade their network. >> of course, that build out, for example, by fios is not necessarily nationwide. as you well know, our parent company comcast is in the process of trying to akwcquire time warner. we'll see how this all plays out. as you heard from malone, he certainly doesn't think it would be a good thing necessarily to see title two. although, again, it's all within the parameters of what actually would be the regulation and how it would be implemented. but it's an important debate, one that continues at this point. we got a lot more from malone that we're goin

i was with tom wheeler last week, the fcc chairman, and we can't expand broadband without middle class workers. we have estimates of over 60,000, 65,000 dental high general hygienists. in many cases, you get the necessary credentials at a community college and then you build your way up. that is the second piece of good news that i want to share with you is that we are in the middle of a remarkably exciting transz formati transformation. we have gotten rid of what i call the old train and prey model. we train widget makers and we pray someone hires them. today, we're focused on job-driven training. we're working more closely with others than ever before to understand with precision the needs of employers and granular detail and then making sure that we design programs to meet those precise needs so that people can punch their ticket to the middle class and employers can grow their businesses. so when people ask, hey, tom, what do you do for a living? this is what i tell them. the department of labor is match.com. what we do is help make a connection. just the right fit between ready-to

interesting to note the head of the fcc, tom wheeler, politics makes strange bedfellows was one of theident's supporters in 2008 and 2012 one of the telecom lobbyists and pushed back and said the fcc is an independent organization and will make their decision independently. >> the administration offered that estimate yesterday of how many people they expect to sign up for health coverage by the end of next year. that number surprisingly low. have they explained that? >> reporter: it is. this is a situation where we will start that open enrollment period again on saturday. look, these numbers are in a lot of flux. you talk to people inside the industry, insurers, there are a lot of variables. there are people who might suggest there is a little bit of expectations game going on. the independent budget office said 13 million and hhs, health & human services saying between 9 and 9.9 million. in this case, maybe you set low expectations, it's hard to disappoint people. we'll see where it goes. >> that's how i like to live my life actually. chris jansing, thank you, always good to see you.

and then tom wheeler beset with protesters. chairman of the fcc.e wouldn't get out of his driveway monday morning. the wheeler saying the title two authorities that the president would like to see have some issue. so real tensions here between the president and his own appointed chairman of the fcc, who seems a little more amenable to the industry's side. that is the isp's side of the debate. the as multibillion dollar battle and personalities on all sides of this one. >> and one aeamon, where the deadline keeps extending. i believe friday midnight is the new deadline for public comments. >> and nothing is really going to happen until 2015. the fcc is not going to take action this year. what the white house wanted to do by by putting out that obama statement which they did on video from the white house even though he was in china that day, they put out the statement because they wanted it out there before the fcc makes any final determinations while there is still time to influence some of the decision. and of course the president's liberal politic

. >> no, tom wheeler announced he probably not follow the president's wishes and reclassify the internetexecutive branch. protests in support of the president that laura mentioned are for tomorrow, calling it party at the fcc, net neutrality an issue for years but getting headline attention in washington this morning. remember monday, talking about that problem where some new android uses are couldn't get text messages because of a problem shutting down their old i messages at apple. that's officially before the court. a federal judge gave the go ahead to a previously filed lawsuit that says the problem violated california law. apple lawyers know the judge well, she heard the landmark apple-samsung case, and also the judge who heard the case for tech companies. right in front of lucy coe. >> a tech judge, a household name. >> collect heck in with christi >> rain on the way but not until this evening. couple 60s. grab your jacket, leave the umbrella home. take it with you in the north bay, especially sonoma county. tomorrow morning traffic and weather together, tracking showers for your m

been thrown out of revenue chairman tom weller -- have been thrown out and we have a new chairman tom wheeler. with thestent limitations that the court imposed, they try to reimpose the rules. chairman wheeler proposed something mpr, another set of rules. those rules were meant immediately with a massive thery, massive opposition, likes that never been seen before. left.opposition from the not the same kind opposition to regulation that we have seen it was opposition that you have not gone far enough. you have to do something far more substantial in this case. the argument was you have to impose these title ii common carrier regulators, true to the internet like it is a water utility, electric utility. waiting to see what happens. chairman wheeler proposed the second world that do not go that far. he would be open to the possibility of title to regulation. fcc's had debate and the record and hours of events like words inmillions of publications like jacob, assessing the question of whether we should treat the internet like a common carrier or something less. maybe it can segue for you. the is

shortly after president obama announced his internet service regulation proposal fcc chairman tom wheeler met with several tech companies. "the washington post" reports that wheeler told representatives from companies like etsy, google, yahoo!, that he prefer ad different approach from the president's. however an fcc official is pushing back on that report. the official tells fox business that wheeler has yet to decide how to design new regulations for internet service providers and still considering the president's plan. president obama is urging the fcc to use its authority to reclassify the internet as a utility to insure net neutrality. that is the principle that internet service companies treat all traffic with the same priority and speed. the official also says there will be no fcc vote on net neutrality this year. the tech industry is reacting to that uncertainty. at&t ceo randall stevenson says quote, we can't go out and just invest that kind of money deploying fiber to 100 cities other than these two million, not knowing what rules that investment will be governed. so we have a p

i think fcc chairman tom wheeler will do the right thing. i think he is very successful guy.sted in this field and i don't think he will rubberstamp obama's orders at all. >> all right, well, mark, do you think that the fcc would, could make the internet better? that is the assumption, that the president is making. i think it is a wrong assumption. >> i think it is tough. i don't think the american people want the government in their lives, whatsoever, anything interventionist is generally disaster. we don't need broadband redistribution now. if anything it is not the government's job to telecom cast how to regulate its content. i think if anything more competition is the better answer. it can provide, you know, better content for everybody. david: okay. we have to move on. a new study survey, attempts to answer age-old question, can money buy you happiness? i want to go first to my friend rich on this one. we have to go to adam. jack ma came out with a statement saying he was actually much happier when he was a poor school teacher than he is now as a billionaire. so at least

and look at tom wheeler's speech in september when he said for 70% or more americans their only choice for a connection over 25 mega bits per second theirs local cable monopoly. cable has won. so we have -- >> for 70% of people that want to get high speed internet access, it's their local cable provider. >> that's it. that's the only choice. what happened over the last ten years, as we have seen con solve addition and division of markets to the point where the only choice is your local cable guy and they are under no supervision. so the president is saying, let's make sure that the fcc's legal authority is secure. so it can create rules. that's all that's going on here. and he has made a very bold and correct move. >> if i could just interject. when she says there is no super vacation, that's not true. there are a number of laws that could be used against cable companies or wireless background providers if they were to be anticompetitive. there's section 5 of the federal trait economics act. antitrust laws, tortious interference with contract laws. the plaintiffs bar would have a field

this is a direct contradiction to fcc commissioner tom wheeler's plan to allow broadband and contentpanies to strike deals. cable stocks including comcast, cnbc's parent company, moving down on the news though they have recovered a bit since this morning. the president's proposal if adopted would be a huge win for the range of internet companies that have been lobbying for net neutrality over the past several years from netflix and youtube to pandora and ebay, their shares moving up op the news. we are waiting for comments from the cable companies and netflix and youtube. we'll be back to you with more. kayla? >> thanks so much. we have a lot of executives weighing in. mark pincus of skingas saying the president's statement one of the reasons he still supports him. no doubt a lot of executives will come out with their take on that news. singles day the biggest on-line shopping day of the year is officially under way. our own david faber will speak exclusively to alibaba chairman jack ma tomorrow on "squawk on the street." if you have a question use the #askjackma. in the meantime we'

. >> but now the chairman of the fcc, tom wheeler, not necessarily sold on the president's statement here. wheeler put out a statement earlier today in which he said that he welcomes the president's contribution to the discussion, raised a couple issues here with this idea of title 2. he said title 2 brings with it policy issues that run the gamut from privacy to universal service to the ability of federal agencies to protect consumers. we also saw this get very political today. we saw a tweet from senator cruz of texas, a republican, possible presidential candidate, ted cruz saying, net neutrality is obama care for the internet. the internet should not operate at the speed of government. so obviously, scott, some intense feelings on both sides of this issue and a lot at stake here for the cable companies. >> no doubt. thanks so much. cable companies which by the way mostly guys are down, not surprisingly on this news, including our parent company. >> not surprising on this news and you're getting a gift. comcast down 4%. this is a best in class operator. they don't think actually ti

. >> did he throw tom wheeler under the bus? >> i assume tom can make that argument.not sure what interaction was between them on this era i do think the idea that now the fcc chairman has to do with the president wants, his independent agency has always done what the president wanted, it would not be with the agency. i think he still has discretion to do what he feels is right. the president cannot control what the court still afterwards either. >> true. thank you for joining us. director of the center for balance innovation technology. fred on net neutrality. it is a big and hot issue. washington'sg on radar, newly elected members of congress arrived to the capital today for orientation. before they get to work, the current congress needs to wrap up its business in a lame-duck session. long to-do do list. peter cook on the hill with more. republicans cut any deals now? in january, they did not need to do anything. les some republicans do not want any deal and would rather not have the session altogether. the reality is, there is something they have to do before the

we have a new chairman tom wheeler. he is trying to find a new way to regulate the on to these four freedoms but consistent with the limitations that the court imposed, they try to reimpose the rules. chairman wheeler proposed something mprm, another set of rules. those rules were meant immediately with a massive outcry, massive opposition, the likes that never been seen before. these protesters that tim was talking about. but this is opposition from the left. not the same kind opposition to regulation that we have seen before, it was opposition that said you have not gone far enough. you have to do something far more substantial here. in this case, the argument was you have to impose these title ii common carrier regulators, treat the internet like it is a water utility, electric utility. as tim suggested. and now, we are waiting to see what happens. chairman wheeler proposed the set of rules that do not go that far. but he asked a number of questions suggesting he would be open to the possibility of title to regulatio

been thrown out of revenue chairman tom weller -- have been thrown out and we have a new hairman tom wheeler. but consistent with the limitations that the court imposed, they try to reimpose the rules. chairman wheeler proposed something mpr, another set of rules. those rules were meant immediately with a massive outcry, massive opposition, the likes that never been seen before. it is opposition from the left. not the same kind opposition to regulation that we have seen before, it was opposition that you have not gone far enough. you have to do something far more substantial in this case. the argument was you have to impose these title ii common arrier regulators, true to the -- treat the internet like it is a water utility, electric utility. now, we are waiting to see what happens. chairman wheeler proposed the second rules that do not go that far. he suggested he would be open to the possibility of title to egulation. and we had debate and the fcc's record and hours of events like this and millions of words in publications like jacob, assessing the question of whether we should treat the i

chairman tom wheeler recently proposed new regulations for internet providers, allowing deals to be cut with netflix or you tube to move their content faster. >> happy singles today. today is singles day in china. it was once an obscure holiday. it is morphed now to a holiday devoted to bachelorhood. >> it's to buying stuff and it's big business, as real money found out, alibaba has turned singles day into the biggest shopping day of the year. >> to be young and unmarried on november 11 is a day of celebration, singles day, officially known at bare sticks day for the number once. popular culture has it. the custom started in the late 1990's at universities as a way for young men to poke fun at themselves. retailers took note. >> singles day has become popular before alibaba, but it was never became big retail celebration until alibaba promote it through its network. >> five years ago, he commerce giant alibaba held its first single's day sale. it grew to $6 billion last year and is expected to top $8 billion this year, more than black friday and cyber monday combined. pretty good for a

then just this week fcc chairman tom wheeler unveiled his plan to help us finish the job and reach our ultimate goal of connecting 99% of students within five years. as i've said from the day we launch this initiative this is not just a role for government or the federal government. we also asked some of america's foremost tech companies to help bring our schools and 21st century in their response has been inspiring. so far 10 companies have made commitments totaling more than $2 billion so apple for example has pledged $100 million which is going to 114 schools across 29 states. students will get ipads. teachers will get books or macbooks, depending on how you say it. [laughter] classrooms will get apple tv and that's just one of many commitments. students are using software from adobe to design new animal species. software to create full -- fuel-efficient cars. teachers are using software from prezi to help kids understand how solar systems work. other companies are providing hundreds of million dollars in software and e-books teacher training and 100,000 high need students will rece

host: the response to the president's request by the fcc, chairman tom wheeler said, "it raises substantialal questions. as farhat does that say as the timeframe of making the decision on whether or not or regulations will be based from the fcc's point of view? guest: i think what the president's announcement did for the fcc is prospective timeline from bringing an order up for a vote by the full commission. we probably will not see any action by the agency until really the late first quarter of next year at the earliest. ohio,herbert from dayton, democrats' line. caller: thank you, thank you. one thing that amazed me was to hear mr. paul barbagallo talk about netflix and these companies that helped to build the internet or providing services. one of the reasons they're able to do that is because there is so much open access to the internet. it spawned so much innovation, so much creativity, so many new things. where what the new -- where will the new coming next facebook come from if we put these stultifying rules in place where companies can buy access and it becomes a race driven strictl

. >> and he can give tom wheeler to give political cover. >> but the s.e.c. role is supposed to be independent. i'm not saying it's right or wrong. >> this seemed to me, when i tried to put it in the context of saying something like this for the federal reserve, i thought, wow, people go crazy over this. this is an independent agency. >> and the journal has a great piece. not only that, but the rules that we're talking about implementing here under the act of 1934 were obsolete in 1930. they were written in 1887, too, for the framework for the railroads. the interstate commerce. it's going to be like water. >> can i ask you a question? >> no. i've -- you ought to be able to figure out -- >> why did the "new york times" is for it and if it's the anti-private sector. let the markets work. let the markets work. >> you know what? i don't care what you think, andrew, on this. i don't. you have your opinion. on 100 percent of what we talk about, i disagree with you. >> i would like to deregulate the entire piece -- >> no, no, you can't -- >> yes, i can. >> no, you