why apple is now changing its tune when it comes to its payment policy for music. >>> in honor of international surf day dozens of them cruised into the record book. 66 people surfed together on a giant surfboard for a total of 12 seconds yesterday. >> oh my goodness. >> oh magar, look at that. >> the stunt on the -- oh my gosh, look at that. the stunt brock the record, previously held by surfers in queens land, australia where 47 surfers caught a wave for 10 seconds. >>> there is no more bad blood between taylor swift and apple music. it's influenced it will pay artists, writers and producers for their music even during a 3- month trial period. swift had threatened to keep her album, 198, 1989, off the service. >> swift said she was relieved and she wasn't speaking just for her self. >>> google's new policy plans to crack down on revenge porn. people with ask search engines to remove nude or sexually explicit information to be removed. it will treat it like bank account and social security numbers. >>> people across the country should plan to pay more for omelets, and other egg items in restau

coming up, two teams, two superstars getting ready for the nba finals tonight and why apple is recalling its popular larry: championship as the ball. it all comes down to this. the cleveland cavaliers at the golden state warriors. the stakes are high or both teams, but lebron and the cavs gunning for a title that they have never one -- won. maybe we will see riley rcurry at one of these post-game news conferences. apple is recalling more than 200,000 the pill -- beats pill xl speakers because they can overheat and catch on fire. at least it overheating incidents have been reported in the last 18 months. apple is offering a $325 credit to customers who purchased speakers. to get the refund, you have to complete an online form and return the product through a prepaid shipping box. one of the wealthiest men without a college degree is offering some friendly if not ironic advice. bill gates took to his blog this week to talk about the importance of staying in college. he wrote that although he dropped out of college and got lucky pursuing a career in software, getting a degree is a much sure

. >>> finding the perfect fit, why apple may be backtracking in one area with the next generation of iphones. >>> a live look outside right now. meteorologist drew is coming up next in for mike with today's accuweather forecast. a gray look here in the area of san franci what do a nascar® driver... a comedian... and a professional golfer have in common? we talked to our doctors about treatment with xarelto®. xarelto® is proven to treat and help reduce the risk of dvt and pe blood clots. xarelto® has also been proven to reduce the risk of stroke in people with afib, not caused by a heart valve problem. for people with afib currently well managed on warfarin, there is limited information on how xarelto® and warfarin compare in reducing the risk of stroke. i tried warfarin before, but the blood testing routine and dietary restrictions had me off my game. not this time. not with xarelto®. i'll have another arnold palmer. make mine a kevin nealon. really, brian? hey, safety first. like all blood thinners, don't stop taking xarelto® without talking to your doctor as this may increase your

while gisele apple because greece is going to exit the euro? -- why would you sell apple because greece is going to exit the euro? forecastt seen a good of what would be a fair exchange rate for the euro if greece leaves. i cannot think anyone can say what that is. the effect of that as far as s&p 500 earnings -- erik: the euro would trade higher in theory if greece leaves. danny: the euro would trade higher. there is an issue of short run chaos. maybe for greece after that chaos and capital flows come, they actually have a rescue package, a depreciated drachma. is there an advantage in the medium to long-term of putting up with short-term chaos? they have a hand. the problem for the ecb and creditors is, what if greece leave and does well? it gives incentives for other people to leave. greece can use this as a trump and say, suppose we do well, that puts you in trouble? that is part of their bargaining. scarlet: we might get ahead of ourselves in projecting that greece will be ok. mario draghi said investors need to get used to volatility. he will be

that is why apple awarded scholarships. cook i spending time with them, learning about apps developed. the youngest is a 12-year-old, coding since she was nine. >> they're light years ahead of me. they're so far ahead of me it makes me embarrsed to think about where i was. >> apple sin vesting $50 million to support organizations focused on inclusion in tech. >> i just want to get a lot of encouragement from my science teacher. >> ruth farmer is a chief strategy officer for national nter of women and it. >> if you look at the groups that are largely left out of technology it's women and people with disabilities. >> sheila will spend the next few days leaing and networking. >> i'm not going to be afraid of asking questio and seeming stupid because that is the point of being here. >> over 5 or 10 years there could be a change in that time frame. i do. >> in san franciscoabc news. >> a one day blast of hot weather hit the bay area today. abc7 news was in los tos this afternoon, temperatures were topping 100 degrees. blazing ho

that is why apple awarded scholarships. cook is spending time with them, learning about apps developed. the youngest is a 12-year-old, coding since she was nine. >> they're light years ahead of me. they're so far ahead of me it makes me embarrassed to think about where i was. >> apple sin vesting $50 million to support organizations focused on inclusion in tech. >> i just want to get a lot of encouragement from my science teacher. >> ruth farmer is a chief strategy officer for national center of women and it. >> if you look at the groups that are largely left out of technology it's women and people with disabilities. >> sheila will spend the next few days learning and networking. >> i'm not going to be afraid of asking questions and seeming stupid because that is the point of being here. >> over 5 or 10 years there could be a change in that time frame. i do. >> in san francisco abc news. >> a one day blast of hot weather hit the bay area today. abc7 news was in los gatos this afternoon, temperatures were topping 100 degrees

using in general is a tough place to do anything but that is what apple is best that. emily: why won't one service when out and apple specifically? guest: i think apple can be a big player but i think there will be room for other players as well. you cater to a certain niche or a crowd going to list on a certain type of music. but bringing jimmy and here is huge. emily: he was the best presenter by far. guest: he can speak to the musicians. they trust him. years ago, they launched paying and it didn't take out but -- did not take off. guest: this is much more than a streaming music service, it's the entire platform. guest: we focus on trying to do one thing really well. we are not trying to do everything under the sun. we do discovery and play listing. emily: i interviewed the founder of pandora and he said the same thing -- i'm going to take to my knitting. thank you for joining us. you guys will be sticking with me throughout the show. besides music streaming, and other highlight out of apple today, diversity on display. for the first time in five years, women were there during

emily: dave, why isn't apple going to eat your lunch? >> basing about 50% of consumers spend no money on music each year. 40% spend $15 per year. they are focused on that 10%. the bigger market is radio. emily: doesn't make a difference that you have musicians behind it, jimmy iovine behind it? >> jimmy iovine is a genius. we don't play in that world, but i think it is an interesting thing. emily: apple is trying to do a lot of things. is it too much? streaming, global radio, downloading music. they are trying to be a social network for music. what? >> i share those concerns. part of it for sure, the labels have so much control over how music is consumed. they could do a three tier which is where the regular service comes in. in music in general, given the power of the labels, doing anything beyond user interface will be apple's best that. emily: why want one music service -- why will why music service not without? >> there will be room for other players, as well. either they will cater to a certain niche a crowd who will listen, or a ce

that's why apple arded scholarships to 250 students to attend this conference. cook is spending time with them. the youngest is 12-year-old kyra cauley who has been coding since she was 9. >> i think about where i was at their e. and they are ligyears ahead of me. so far ahead of me it makes me embarrassed to think about where i was. >> reporter: apple is investing $50 million to support organizations, focus inclusion in tech. >> i get a lot of encouragement from my computer science teacher. >> reporter: ruth farmer is the national director for ijwit. >> you look at who is left out of the technology workforce, 70% of the population. >> reporter: this is senior at mission san jose high school. she will spend the next few days learng and networking. >> meeting new people is a part of it. i'm no going to be afraid of asking questions and seeming stupid because that's the point of being here. >> iyou look at things over a five-year ten-year period, i thin there could be a sea change in that time frame. i really do. >>> before we move on he's how apple's stock perfor

but i struggle to see why apple would actually want to manufacture a television. television margins have been low. if you think of apple merchandising in its stores a small item like an apple watch really forced apple to rethink how it merchandises in its stores if you bring in 50, 60, 70 inch televisions. that pushes it one step further. to me i don't see a basis for apple creating something unique on the television hardware side. and that's really the criteria for bringing a product to market. they think they can do something distinctive, they will. >> i want to be clear, it sounds you would applaud a move not to bring a tv to market? >> correct. certainly it has never been in my expectations because i've struggled with that defining question on what unique value could they bring. i think they could bring a television service. i think they could bring a user interface, both could be distinctive but neither of those requires a television to deliver it. >> tony, thanks for calling in. we appreciate it. we'll see what happens today. i know we'll talk to you soon. to

tonight after the game, learn why apple took a pass and what that national cell phone chain is now willing about it. plus some tips on how you can avoid the same trouble. cell phone chain will also explain what happened here tonight it's after the game as fox 29 investigates. i'm jeff cole. dawn. >> see you then. thank you jeff. >>> graduation day today for thousands of students on the drexel university campus and between ceremonies yesterday today and tomorrow over 7,000 bachelors and masters graduates receiving their degrees. the university also award warding 14 honorary degrees one of them going to tennis legend billy jean king. king delivering the commence many address today for the new graduates. tennis great ending her speech by serving tennis balls into the audience. so definitely a memorable commencement address. >>> absolutely. skyfox over levittown today capturing incredible tribute to our country's fallen you're looking at more than 65,000 american flags placed at the false township park. each of them representing americans killed or missing in action during the vietnam war. the

emily: there has always been simmering talk about, why doesn't apple buy pandora?pple try to buy pandora? tim: we don't comment on things like that, of course. i look at them as this incredible partner. stepping back, they have invented this field we benefit from. emily: spotify just raised $400 million at an $8.5 billion valuation. you are focused on ads. what you think about that comparison? tim: we stick to our knitting. this is an exciting business with drama and news. the best we can do is stay focused on what we do. you have figured out how to monetize internet radio, which no one else has. we have hundreds of sellers in 50 markets around the country who are now penetrated into local advertising. in the long run, that kind of foundation is how you build a really big business. emily: do you think people do not want to pay for music? tim: i think people will absolutely. there will always be a large number of people who want to listen to music without advertising and are willing to subsidize that. i think there will be an even larger audience that will pay to tr

apple music for not paying writers, producers or artists for apple's three-month free trial period for new users, explaining that that's whyack her multi-platinum album, "1989" from apple you a new sub subscriptions subscriptions. swift seating the stage for her battle with apple establishing herself as an advocate for artists at the american music awards last year. >> what you did by going out and investing in music and albums is you're saying that you believe in the same thing that i believe in, that music is valuable and that music should be consumed in albums and albums should be consumed as art and appreciated. >> now that apple's capitulated, we'll have to see if swift changes her mind and decides to include her album in apple music. no answer from swift on that. >>> josh lipton we keep saying apple caved. did they cave? >> well, sully, it is a big reversal for the tech giant. in a series of tweets apple's man in charge eddie q, the man in charge of itunes now says we hear you taylor twist and indie artists. he also added apple music will pay artists for streaming even during customer's free trial period. creative st

headline from "new york times" fashion director vanessa friedman this morning is titled "why i'm breaking up with the apple us at post 9 to talk about why it didn't work out. good morning. what a conversation this has started. was it about you or was it about it? >> it was all me. >> you were hoping it would work. >> apple is a fantastic company. it's changed many people's lives, you know i'm not breaking up with technology. i still love my iphone, love the ipad. but this particular piece of gear, because it really is a piece of gear wasn't for me. >> and we've tried to argue they wanted this to be a fashion item, right. not just a piece of hardware. >> i think so. >> you think it's more a piece of hardware? >> i think it's more a piece of hardware. >> why is that? >> apple sold this, sells it as it's most personal item ever, it's most personal product ever. but it did not feel particularly personal to me. yes, you can change the strap, you can change the face although the face tends to go to sleep most of the time, so it's a black face no matter what. but you know effectively, it is unmistakably the apple

we spent the rest of the time just talking about -- i had a lot of questions about why he came back to appleite cupertino. why cupertino. he had different advice for us. we spent a lot more time than he needed to with us. you know, we were pretty clear that we were not going to sell the company but he was also taunting us a little bit. he is like, we are going to have to come after you. emily: they did. they are revealed -- unveiled the icloud. how do you think that worked out for them? drew: different products solve different problems. what people love about dropbox is it is easy to use. you are not locked to one problem. emily: apple had a huge problem. people's passwords were hacked. how do you make sure that doesn't happen? drew: we have teams of people that think about what can we do even if you are kind of sloppy with your passwords? reuse things? we try to proactively identify suspicious behavior. we go at it from a bunch of different angles. emily: how has your personal life change now that you are rich and famous? drew: people would be surprised. it is not that different. i still sp

this goes back to why we buy their products. because you are applent to make sure you are close to your customers. caroline: exactly. that's what a lot of these big u.s. giants are trying to fight. people are tending to feel that these companies are taking liberties with our data, with the way they treat musicians. it does show that people power does potentially win out in the end. if you want to keep your brand, you have to listen to those that help. francine: thank you so much. after the leaks over the weekend, the european commission would have something to say. caroline hyde with the latest on apple and taylor swift. ♪ francine: welcome back to "the pulse." here are some of bloomberg's top headlines. "jurassic world" has maintained its record-setting performance, earning more than $100 million in its second weekend. the universal pictures film has now raked in more than $800 million around the world. "inside out" was the second highest earner over the weekend, taking in more than $90 million. billionaire patrick drahi has been more than $11 billi

apple. people are reluctant to pay for things they find on the internet . music is only one example. that is why many of apple's competitors are offering a free service that is funded by advertisement. a apple does not do. -- something apple does not do. >> thank you very much. sarah, back over to you. sarah: i think i photobombed your chat. i got so excited. i speak for 13-year-old girls everywhere. tennis news now. some of the sports biggest names have been on court for the first-round matches at wimbledon today. roger federer underlined his fine form with a straight sets win over bosnia's player. rafa nadal defeated brazilian baluchi in three sets. andy murray is further after a straight sets win after his opponent from causing stan -- kazakhstan. germany's angelique kerber whitewashed her compatriot. in soccer, germany is up against another challenging opponent in the quest to win a women's world cup. they now face the world's number two, the usa. germany currently boasts the best offense and the strongest defense. people are dancing on the streets of montreal before the kickoff. take a list

apple joins the crowded streaming music games today. let's discuss this. stephen is in new york. good to see you. why is apple coming into the game now?ow is it service different than spotify and others? think it is in some ways a very apple move. they have waited to say that there is a market here. they have waited to see how competitors will attack it. they are doing it their own way. spotify is young and cool. pandora is for radio. i think apple wants to be about the cultural of music. playlists from real djs. collaborations of the likes of rolling stone and shazam. they want it to be about coming to learn about music and experience in music in addition to just playing that song you wanted to hear. >> a mission for everyone -- niche for everyone. what are your first impressions? how do you compare it with the competition? to theve listened competition. i have been listening to apple music for the last several hours. it is nice. interface is different. it is a white ground with bright colors. , it is a lot like the other streaming music apps. they could put things like a blog roll that lets artists share content. they can put new di

in the past six months channing has trimmed back his apple holdings from 5% to 3%. channing, why do that? >> look we still have a very large weighting in apple. it is one of our top positions. we were over 5% and we just thought it was prudent to pull that back but we're very positive on apple. today we echo a lot of the reporting that comes out. we don't expect this to be a big mover of the stock today. what's going on today is strengthening the ecosystem. what's been driving the stock over the last nine months the new iphones and the apple watch. those are the key products. today is more let's strengthen the ecosystem and support those sales going forward. >> what do you think is the biggest risk to. ale and its stock? >> i think competition. if you look at samsung, if you look at google they're right on the trail of them. apple pay. not unique very much anymore. we think that you have to have that service. we think that if you look at the radio, we think that will be somewhat of a competitive advantage but it is really a competition. there is not a lot of differentiation when

angie: why did apple by beat in the first places? tim: this is kind of the messy left over of a business dispute that prior to their acquisition. for theirafter beats subscription-based music service which they used for their own music subscription service. it will allow you to pay about $10 a month and have all of the music in apple's -- most of the music in apple's catalog. angie: thank you so much for that. apple's troubles aren't over. it is 1 billion and counting for "jurassic world." it set a record for the fastest $1 billion in worldwide ticket sales. universal says they will reach that level just after 13 days in theaters. the movie remains at the top of the north american box office, taking $102 million last weekend. a was only the second time movie has made over $100 million in its second weekend at the box office. coming up next, clean energy companies are expected to debut today in hong kong, but why now? we will ask as chairman. ♪ angie: checking some the stories making around the world. the al jazeera journalist rested

el say an apple a day keeping a doctor away, we don't think they necessarily mean this kind of apple. why says the apple watch may be key to getting fit. deaths from synthetic marijuana use have tripled... in >>> a new report from the cdc shows that the number of deaths from synthetic marijuana use tripled in just the last year. it's sold up names like spice, k2 and black mamba. the cdc says reports of poisoning are also up. synthetic marijuana is illegal in all states. >>> an apple watch app a day could keep the doctors away. bertha cooperation show us more. >> john was never one to county calories, but apps are helping him to get hi diet and diabetes under control after years of nags from his doctor. >> i would go to the doctor and say yes, sir, and listen to all the good advice and go down the street and have a po-boy. >>> then his cardiologist subscribed mobile apps that got loaded onto his phone and noise hi apple watch right at the hospital's version of a genius bar. >> i struggle with my weight, honestly but it's made me more awar. >> ochsner is trying to coax its patients to get h

. >> thank you still ahead this morning, on "eyewitness news" taylor swift wins battle against apple why the pop star threatened to pull her albumn from the new streaming service apple music. first though here's what's coming up tonight on cbs-3. >>> 4:49, a showdown between apple and taylor swift. looks like taylor won. >> joining us from the new york stock exchange, jill, what's the story here? what did taylor do? >> yes, good morning ukee, erika. taylor swift has apple singing a different tune. company now says it will pay royalties to artists during a free three month trial of the moving service pulled her latest music albumn over the original policy of not paying art its cents during the trial period, and in a open letter to her fans, she said, we don't ask april he will for free iphones. good point. ukee erika. >> very interesting. >> such an influence. >> and jill, it's been summer of record breakers at the box office thus far. what more can you tell us? we saw spidy the other day. that will was fun. >> yes that's picks arrest inside out had the highest weaken opening ever for ori

any time you've got your friends upset with you, you wonder why apple didn't see this sooner more thany are about to launch this big new service? >> taylor swift is the ultimate pop star queen. what carl quintanilla said now the ambassador for the music industry. thank you, john. >> "billboard" magazine's woman of the year two years in a row. >> the cover of "time" and "business week." even her boyfriend tweeted out at her. calvin harris. >> wait till thursday. it will change by that time. take andrew jackson off and put rosa parks on the $20 bill. up 103 points. >> you want to get the last word. it's currencies. up next we've got to talk about encouraging news on the housing front. diana olick has the lowdown on the closely-watched spring selling season. >>> a lot of buzz on the floor as advanced auto parts will ring the bell in commemoration of a home building program for wounded warriors. we have a number of veterans wounded veterans visiting the floor of the new york stock exchange. these are a couple here. any time you bring veterans to the floor of the big board, they get a huge

we will talk about why apple is terrified of taylor swift. blackberry reports earnings at 7:00 a.m. news of his death was exaggerated. our twitter question is as they move into new services and security, can black very survive -- blackberry survive? ♪ tom: good morning, everyone to read our top headlines. vonnie: at least 7 people are heard after severe thunderstorms hits the midwest. homes were damaged and power was knocked off in illinois, and a tornado touchdown in a small town south of chicago. tornado watches are up and parts of indiana and michigan. uber may be getting a boost from the chinese investor. they are in talks to buy uber bonds that could be converted into shares. that is seen as a sign that uber may be close to getting public. and a california plane crash takes the life of oscar-winning composer james horner. his single-engine craft went down yesterday near santa barbara. his identity not yet confirmed, but he was at the controls. horner wrote the scores for "avatar" and "braveheart" and "titanic." he began his career watching -- writing scores for b movies. tom: t

in aurk me area here why would apple, they revolutionized music obviously and they charged per cut ormably the artists got a fair share there that can be debated but why would they say initially on the streaming product that they didn't want to pay. >> honestly i think they forgot. it's that simple. there is an industry standard that has existed for the past ten years that says when there's a free trial subscription the streams that occurred during those trial subscriptions will not be paid so apple is just following suit. what i think they forgot is hey, everyone is making their money off of us from downloads, and if we turn around and make everything that the labels and artists are providing for free overnight it will can nallize their income via download so i don't think they didn't think about it. >> my question is why didn't the record labels think about it? >> they did and taylor swift became the biggest public voice and the beggar's group came forth with the public label. european labels were not signing on. the american labels were advised by a1im, a trade organization not to

. >>> no more bad blood between the tech world and an art i why apple is inchanging its tune when itpayment policies for music. >>> we're looking at the east bay commute. so far, so god. the eastshore freeway does not look particularly bad. we'll tell you where the slowdowns are. >>> normally i talk about weather here. but i want to give a shout out to davey, the lead singer of the band. and the drummer and tommy the lead guitarist from livermore. the notes from the man ronnie no longer with us. the notes give on. this is one of my favorite gamma songs. ♪ >>> search teams in new mexico have found the body of a former missing chef. walter shieb went hiking in taos on june 13th but never came back. he was reported missing the next day. state police and volunteers have been searching for him since wednesday. his body was found late last night. it was off a trail. no cause of death has been announced as of yet. sheib served as the executive chef under clinton and bush from 1994 until 2005. >>> meantime, an investigation is underway in las vegas after a person who was attending a huge ele

apple why, while it had a lot of hype, really is not generating a whole heck of a lot other than the fact that they do have 700,000, 800,000 itunes accounts with credit cards there and it's all going to be part of this ecosystem at some point. but not yet. to me i don't think expectations are high. i think there is a chance for a surprise but i don't think it will be anything on the product front. >> there's a difference. i'm going to pushback. there's a difference between people expecting things from apple which i think expectations are in fact high and financial community expectations from apple. because many people do not build as optimistic an uptick for apple watch, they didn't build in much for apple pay so the expectations weren't necessarily there. >> it's the iphone company. it's plain and simple. so when we get their results in late july, if we don't see the sort of growth in china, that's what the story is is about right now. that's it to me. >> there's a single company in the s&p 500 that consistently deserves the benefit of the doubt it's apple. >> disney. anyway -- >> y

. >> to apple, let's, explain why apple would do this. when streaming music services launch, if they have a free subscription period, that they don't pay royalties. but these are companies that weren't apple and are not apple and apple is the great big behemoth in the technology business and music business. neil: do you still get a free three-month trial with it? >> yes. neil: apple will eat the cost of first three months. >> not unclear, you can correct me if i'm wrong, how much they will pay them. >> single subscription. >> how much they pay the musicians during that free trial. because what they are going to be paying on in terms of revenue they bring in is 71.5%. so 71 1/2 cents for every dollar of revenue that this new streaming service brings in, spotify, i think pays 70 cents on the dollar. so a little bit more. that was the argument. neil: just throughout the question. i wasn't interested in the exact percentage. >> it is a business. it matters. neil: holy cow, i just asked -- >> you're doing this to watch video clips of taylor sw

. >>> and bite out of apple. why superstar taylor swift shames the company into reversing the policy on paying artists during apple's rollout of live streaming. a swift turn about that could mean more millions for her today, monday, june 22nd, 2015. >> good morning, everyone. welcome to "today". it's monday morning. matt has the morning off. willie is here. this taylor swift story hit home for me this weekend when i tried to do "shake it off" in karaoke and i couldn't find it on the stream services. >> that's going to change, savannah. >> true story. >> apple is the biggest most successful, most powerful company in the world and it just backed down from one woman and her name is taylor swift. talking about the new music service that launches next week. she wanted her royalties for her and other artists and now they're going to get them. >> if you had any doubt whether she is a force in music to day, she s more on that in a moment. it's a fresh lead in the man hunt for the two men who escaped from a maximum security p

. >>> why prosecutors are investigating apple's new music streaming service. >>> police are hoping newly released surveillance video will help them identify an arson suspect who set four cars on fire in a car lot. investigator say this is the man who set four chevy volts on fire. you can see him pick up something that look likes a piece of cloth and moments later he lates a fire and appears throw it under a vehicle. minutes later the cars are fully engulfed. so far no arrests have been made. >>> apple is under investigation for its new music streaming service. they are looking into whether apple pressured or conspired with music labels to get on board. apple music will not have a free version and will cost customers $10 a month. >>> the days of soupuper sizing fast food orders may come to an end. mini meals include a sandwich or burger with three to four dollars. the combos range from 660 to 820 calories calories. customers can swap out the sides for apple slices or water for no extra charge. bye bye fries. it's all part of the efforts to offer healthier options and downsize the price a

possibly at this point in its time he would be better for apple than steve jobs. >> why so? >> because i think he's more of a humanist. i think that's what a company of that size needs is a leader rather than an innovator. >> you are not wearing an apple watch. >> i actually have an apple watch. just forgot to put it on this morning. i am very technologically inept. hoping my grandchildren are going to teach me how to use the watch. knowing i wasn't going to see them today i left them off. >> the watch isn't a key part of the reason why you think apple is so well positioned? >> i think it can be a pretty good product, too. >> he is a tough guy to please. for him to pound the table like that on a company that is already had the kind of performance it had on the stock market says a lot. >> more of my interview including what he does think about greece and puerto rico. you don't want to miss that. >> first apple music taking on formidable formidable competitors. how will apple jump to the head of the pack? >> if it does. what do you think? >> they are very late to the game here.

up next why apple's newest product, the watch, could have a big millennial problem. >>> also stand-outps. >>> can you name today's mystery chart? this is not a stock chart. it is an etf chart that's had a rather rough patch over the past two months. there a he a big call on this. we'll let you know when "power lunch" returns. stick around. >>> the nasdaq is a fairly solid decliner in today's trading. could have a big couple changes. russell rebalancing. le teleprompter says walk the wall. so i'm going to walk the wall. yahoo! intel and micron are down today. micron down big, 18%. lot of concerns around that company. when it comes to the green stocks, not every stock is down you've got monster which by the way, monster beverage? the best non-deal stock in the nasdaq 100 over the past 12 months. staples, mattel charter communications bed bath & beyond. kind of in the theme, retail that's done pretty well. micron and some of the other semiconductor names are, guys names to watch. >>> a new study is finding that most millennials are unhappy with the apple watch saying about after a month t

. >> coming up, the nasdaq may have set a new record today, but why is apple one of the most widely held america sitting the rally out a deeper dive, next. >>> and later, a very suspicious trade in martha stewart, well, the martha stewart company ahead of a deal. how one trader tripled their money in just a matter of minutes. it's a story you won't want to miss. ♪ ♪ hp instant ink can save you up to 50% on ink delivered to your door so print all you want and never run out. plans start at $2.99 a month. right now, buy an eligible printer and get three months of free ink with hp instant ink. available at participating retailers. the most affordable way to print. hp instant ink. new york state is reinventing how we do business by leading the way on tax cuts. we cut the rates on personal income taxes. we enacted the lowest corporate tax rate since 1968. we eliminated the income tax on manufacturers altogether. with startup-ny, qualified businesses that start, expand or relocate to new york state pay no taxes for 10 years. all to grow our economy and create jobs. see how new york can give you

every year, apple stocks drops. why buying apple with these underwhelming new announcements? at one point, they were down 1.4% yesterday. i went back to 2005 and every year, apple stock drops. is that the golden buying opportunity? dan: we see these reactions every year. when you look at the iphone 6 product cycle and china, we really believe they are on the precipice of seeing major growth opportunities for the second half into next year. some of the products they are announcing, like the watch and apple pay, in the streaming music, we think that's the tip of the iceberg. they will have streaming tv service. there will be a one-stop shop. stephanie: we heard nothing about tv. dan: that was intentional. they are still ironing out some of those agreements with content with the broadcasters. there was thought that they were going to do that up until about three weeks ago. most expectations and even internally at apple that they could announce something. they could not get there from a timing perspective. now it is about l

why is apple getting all this country?ng what the company is saying today, that this big conference is going to, you know, ring anyone's bells. what do you think. >> it hasn't historically over the last 11 years, this week, the worldwide developer week the stock has been down 10 times. and not down a little bit, down 3.7% for the week. and most of these are down. and it's and they've got these amazing hoops to jump through and to make people excited and almost everything we know coming into this thing is already there. so, you know, we'll get more streaming, more in apple pay maybe. . neil: but when you look at the technology sector, do you look at it as a leader? >> apple it carries a lot of weight with the but it's not doing well, we see where the stock no one heard of a year ago up another $7 because it represents so many things from drones to cameras and all the household security. so there are other stocks out there, nonhousehold names that can move up or down without apple, but apple is the name most households now,

pimm: i wonder if you can comment on what is the price point and why would the apple service have an advantage over spotify or pandora or diesel? guest: i think the advantage apple's going to have in the end will be its scale. it will have a huge amount of marketing money thrown at it. they have partnerships with big names artists. partnership with u2 in the past. you can get all of the access to all of the songs in their library, and you can kind of share songs. it's similar to what beats music has now. ultimately it will be up to apple to convince people to switch from spotify, or more importantly if they will go after the people who have not yet started paying for subscription music service. they want to move over people who do itunes downloads to get them to pay 10 bucks a month. scarlet: adam, there are people behind you, it seems like they are protesting, wearing masks. what is going on? bit of as a little scene. there is a protester here. it's mostly developers. this is a big event for apple where engineers and software coders comment to learn what they are building so they ca

apple. i held it up. boom. it worked. i can't imagine how much simpler it could get. why are you simpler than that? s put out an article that says apple pay has been pretty much a big failure. the adoption isn't that great. people still have billions of credit cards out there. and there's 5 million out there with a bitcoin wallet. they have money in bitcoin. but nobody is accepting it. that's a huge problem. everybody where i go, i can't use my bitcoin wallet. our app payable allows anybody to accept bitcoin in the local currency. they can accept bitcoins with their smartphone. >> you don't need that thing that you attach to your phone. no extra hardware. >> absolutely. >> good luck to you. first on fox business. netish is founder of circle plus payments. you can find it on -- circlepluspayments.co m. type in playable. >> we like anything that helps smaller businesses conduct commerce. come back and let us know how it's going. how many have been downloaded? >> we have a lot. >> when you get really, really big, come back. >> absolutely. liz: we told you earlier we were speaking with co-owner peter go

. >>> and taylor swift's latest battle with apple and why she and her superstar boyfriend are making headlines. those stories and more when "way too early" comes back. sthoep ♪ ♪ ♪ before earning enough cash back from bank of america to buy a new gym bag. before earning 1% cash back everywhere, every time and 2% back at the grocery store. even before he got 3% back on gas. kenny used his bankamericard cash rewards credit card to join the wednesday night league. because he loves to play hoops. not jump through them. that's the excitement of rewarding connections. apply online or at a bank of america near you. when you ache and haven't slept... you're not you. tylenol® pm relieves pain and helps you fall fast asleep and stay asleep. we give you a better night. you're a better you all day. tylenol®. let's take a look at your credit. >>i know i have a 786 fico score, thanks to experian.com. so what else are you going to throw in? leather seats? >>and this... get your credit swagger on. become a member of experian credit tracker and find out your fico score powered by experian. when you t

cash and stock deal that amounted to $184 dollars for each cigna taylor swift takes a swipe at apple. whyme is jose lopez. i'm a troubleman in san francisco. i've been with the company for 29 years. a troubleman restores and troubleshoots electrical issues, getting customers' power back on. we're 24/7, 365 days a year. i love my job. going up in the bucket and seeing all of san francisco, it's an exhilarating feeling. i was born and raised in san francisco. this is where i live and there's a sense of pride in providing great power to our customers. when i go out there and get their power back on, there's a great sense of satisfaction. together, we're building a better california. >> vicki: against apple's new music streaming service. she says her album "19-89" will not be available because she thinks the company is being unfair to artists. on tumblr.the star wrote she is shocked apple will not pay artists during the 3-month free trial period. she says quote."we don't ask you for free iphones. please don't ask us to provide you with our music for no compensation." apple has not replied to

plus, why has apple gone sour since being added to the dow? you why the world's biggest stock may have just caught the oldest curse. when "fast money" returns. ♪ ♪ (ee-e-e-oh-mum-oh-weh) (hush my darling...) (don't fear my darling...) (the lion sleeps tonight.) (hush my darling...) man snoring (don't fear my darling...) (the lion sleeps tonight.) woman snoring take the roar out of snore. yet another innovation only at a sleep number store. hey, can i help you? yeah, we're interested in the iphone. we promised one to beth for her birthday. you know mobile share value plans now include rollover data, so the data you don't use this month rolls over to the next month. wow, even better. so what are you gonna do with your old phone? i'm giving it to my sister emily. she gets all my old hand-me-downs. oh i'm into bedazzling too. and you admit that? yeah...i...i used to be into bedazzling. i'll go get your phone. get the iphone 6 with rollover data to share. only from at&t. >>> some of the positive trials were there. although there obviously is a litt