talk where all things considered i'm peter lavelle at the tender age of ten facebook has by any estimation truly changed the world it has made it a little smaller and closer facebook also has demonstrated it can be used as a weapon for political change and this social network has shown itself to be a smart investment on the downside there are transparency issues and whether it can survive another decade. to cross-talk facebook's anniversary i'm joined by my guest clive thompson in new york he is a technology journalist for wired and the new york times magazine and author of smarter than you think how technology is changing our minds for the better also in new york we have he is an associate editor at reason twenty four seven and in washington we cross to austin peterson he is the c.e.o. of stone gate in editor of the libertarian republican dot com hi gentlemen crosstalk rules and if that means you can jump in anytime you want clive you know i think over the last few days celebrating and remembering the startup of facebook we all know a lot about its accomplishments in the end there are many of them in a couple of

at the tender age of ten facebook has by any estimation truly changed the world facebook also has demonstrated it can be used as a weapon for political change and this social network has shown itself to be a smart investment on the down side to their transparency issues and whether they can survive another decade for. creating these sustainable operations focused on making it and what you are advocating night own self interests and so that is what your government says has always been the case and had . businesses for hundreds of years without using the label. but i think what got capitalism. was this notion that economists brought to it which was the idea of profit maximizing. there's a saying you know when you're in the arctic you have the entire world at your feet she looks like a fairly simple ship but really she's not simple little. handful of people have access to the nuclear icebreakers the real king here is that the polar bear and ice breakers come second not a single complex expedition to the arctic can be conducted with the russian nuclear powered fleet of ice breakers we've undertake

world. >>> facebook's new acquisition whatsapp is back. they were down for about three hours on saturday. due to server problems. not a great kickoff after spending $19 billion on whatsapp. >>> "the lego movie" still stacking up high against the competition. top spot for the third straight week. "three days to kill kts trailed with $12 million. the philadelphia yater flick, "p "pompei" opened at number three. >>> ben & jerrys are set to reveal new flavors today. >> the last new flavor came out in october. scotch-ety scotch scotch. c cannonball. >>> the potential dangers about items colored yellow. >>> why a well-known college basketball coach lost it during a game. ♪ led to the one jobhing you always wanted. university of phoenix, we believe every education- not just ours- should be built around the career that you want. imagine that. makes everything algood even better...ilk from the bowls of cereal you make... to all the delicious recipes you bake. because inside every carton is the goodness of blue diamond almonds. almond breeze. almond

at the tender age of ten facebook has by any estimation truly changed the world facebook also has demonstrated it can be used as a weapon for political change and the social network to show itself to be a smart investment on the down side to their transparency issues and whether they can survive another decade. our guests should know that we too can president of measures to ensure their safety is but it's about this will not get in the way of their comfort of you know i can say for sure that they won't even know a soul that they will feel welcome with their as it were they needed just such a residents are very hospitable people. creating these sustainable operations focused on making and what you are advocating term self interests and so that is what your government is has always been the case and will have on just businesses for hundreds of years without using the label. but i think was what got capitalism do. was this notion that economists brought to it which was the idea of profit maximizing which. might move from one ship to another but what a ship. i was on board the ice breaker fifty ye

at the tender age of facebook has by any estimation truly changed the world facebook also has demonstrated it can be used as a weapon for political change and the social network today showed itself to be a smart investment on the downside of the transparency issues and whether it can survive another decade. with creating the sustainable operation focused on making. what you are advocating in the nighttime self-interest and so that is what you're talking about which is has always been the case and have. businesses for hundreds of years without using the label. but i think what we're going to capitalism do redo was this notion that economists brought to it which was the idea of profit maximizing. and we're back with the mayor of a live picture capital so she had the thought you brought home of this much about what is about all of you know some that are so scared by the reports in the western media that they're now saying they want to go out anywhere. except for the competitions. it would you say to them how would you cause their fierce little. as the mayor of saatchi i can assure you you can

world facebook also has demonstrated it can be used as a weapon for political change and the social network has shown itself to be a smart investment on the down side to their transparency issues and whether they can survive another generation. there's a media leader so we leave the media. by the same motions to the other your party there's a goal. for shoes that no one is asking with to get that you deserve answers from it's all politics. are. reading the sustainable operation focused on that making and what you are advocating in my term self-interest and so that is what you're talking about which is has always been the case and. businesses for hundreds of years without using the label. but i think what got capitalism do it. was this notion that economists brought to it which was the idea of profit maximizing. and we're back with the mayor of olympic capital sochi at the home of this much about what is about all of you know some last place are so scared by the reports in the western media that they're now saying they want to go out anywhere in sochi except for the competition. would you sa

world. >>> facebook's new acquisition whatsapp is back up and running this morning after an embarrassing crash over the weekend. the free messaging service was down on saturday for about three hours. that was due to server problems. not a great kickoff after spending $19 billion on whatsapp. facebook insists the problem has been solved. >>> "the lego movie" still stacking up high against the competition. the top draw at the box office for the third straight week raking in $31 million. the kevin costner movie "three days to kill" trailed with $12 million. the gladiator flick, "pompei" opened at number three. >>> very good news for ice cream lovers. ben and jerry's are set to unveil some creative new flavors today. >> a company tweet telling people to grab your spoon and clear your schedule. the last new favor came out in october. scotch-ety scotch scotch. cannonball. did i say that out loud? >>> when we come back, chemical concerns. we'll talk about the potential dangerers for items colored yellow. >>> plus, usually cool and calm. why a well-known college basketball coach lost it during a game.

has by any estimation truly changed the world facebook also has demonstrated it can be used as a weapon for political change and this social network has shown itself to be a smart investment on the down side to their transparency issues and whether they can survive another decade. with creating these sustainable operations focused on making it and what you are advocating my term self-interest so i'm sure that is what you're talking about which is has always been the case and have. businesses for hundreds of years without using the label. but i think what got capitalism do was this notion that economists brought to it which was the idea of profit maximizing. breaking the set recently took a trip to pine ridge reservation in south dakota pine ridge is one of the poorest counties in the u.s. in the conditions there are comparable to developing countries this is partly why pulitzer prize winning journalist and social critic chris hedges has referred to places like kind of edges capitalism sacrificed sons however the systemic subjugation is as old as civilization i

at the tender age of ten facebook has by any estimation truly changed the world facebook also has demonstrated it can be used as a weapon for political change and the social network today show itself to be a smart investment on the down side to their transparency issues and whether they can survive another generation. plays. breaking the set recently took a trip to pine ridge reservation in south dakota pine ridge is one of the poorest counties in the us and the conditions there are comparable to developing countries this is partly why pulitzer prize winning journalist and social critic chris hedges has referred to places like pine ridge as capitalism sacrifice sons however the systemic subjugation is as old as civilization itself earlier today chris joins me to talk about the roots of institutionalized inequality and the reasons behind the collapse of complex societies i first asked him why places like pine ridge are so susceptible to such extreme poverty. of places where unfettered. capitalist forces backed by force. behalf of the railroad companies timber merchants. the people who profited

at the tender age of facebook has by any estimation truly changed the world facebook also has demonstrated that it can be used as a weapon for political change and the social network they show. itself to be a smart investment on the down side to their transparency issues and whether they can survive another decade. our guests should know that we too can precedented measures to ensure their safety is but it's that this will not get in the way of their comfort for a ticket but i can say for sure that they won't even notice all of that they will feel welcome without us who are they needed to explore such a residence are very hospitable people. president obama says the u.s. immigration system is broken canopy faced acclaimed actor producer director and social activist edward james olmos does here to tell us what he'd like to see from the president congress as they tend to limit gratian reform plus all of the so i'm still a big safe we'll have security assessments from russia's ambassador to the u.s. and a high ranking congressman just back from russia. all next on politicking. the politicking

at the tender age of ten facebook has by any estimation truly changed the world facebook also has demonstrated it could be used as a weapon for political change and the social network they showed itself to be a smart investment on the downside to their transparency issues and whether they can survive another decade. our guests should know that we too can precedented measures to ensure their safety is but it's about this will not get in the way of their comfort for you i can say for sure that they will and even newly sold. it will feel welcome or put us where they needed to explore such a residence are very hospitable people. with creating sustainable operations focused on profit making him and what you are advocating for my term self-interest sense of that is what you're talking about and since has always been the case and we have conscious businesses for hundreds of years without using the label. that i think was what got capitalism to who was this notion that economists brought to it which was the idea of profit maximizing. president obama says the u.s. immigration system is broken kind of t

at the tender age of facebook has by any estimation truly changed the world facebook also has demonstrated it can be used as a weapon for political change and the social network shown itself to be a smart investment on the down side to their transparency issues and whether they can survive another generation. of the.

growing a million a day, it is very powerful in the developing world. facebook has this huge goal to grow globally. zuckerberg is about bringing more people onto the internet. this service is achieving something similar. if they really have the potential to reach a billion, there are very limited list of companies in this league. facebook, google, skype. one that i would point to is we chat, which is the only similar service and it does something extremely similar coming out of china. i cannot even think of another service in this league. >> wechat is huge in china. is $16 billion ridiculous or not? >> it is ridiculous, but it is the kind of ridiculous that makes a weird sort of sense. we were talking about the most expensive acquisition on a per user basis, 15 years ago, the hotmail acquisition by microsoft. weirdly enough, on a per user basis, you may or may not like the instagram acquisition, you may or may not like microsoft buying hotmail, but there seems to be some universal process in respect to the per user. the user numbers are so stunning that on a per

at the tender age of ten facebook has by any estimation truly changed the world facebook also has demonstrated that it can be used as a weapon for political change and the social network play showed itself to be a smart investment on the downside of their transparency issues and whether they can survive another decade. how would creating a sustainable operation focused on profit making be different from what you are advocating my term self-interest sense of that is what your government says has always been the case and. just businesses for hundreds of years without using the label. i think was what got capitalism do it. was this notion that economists brought to it which was the idea of profit maximizing. president obama says the u.s. immigration system is broken kind of the thanks that acclaimed actor producer director and social activist edward james olmos does here to tell us what he'd like to see from the president congress as they tend to limit gratian reform plus are the some syllabi safe we'll have security assessments from russia's ambassador to the u.s. and a high ranking congressman

growing a million a day, it is very powerful in the developing world. facebook has this huge goal to grow globally. zuckerberg is about bringing more people onto the internet. this service is achieving something similar. if they really have the potential to reach a billion, there are very limited list of companies in this league. facebook, google, skype. one that i would point to is we chat, which is the only similar service and it does something extremely similar coming out of china. i cannot even think of another service in this league. >> wechat is huge in china. is $16 billion ridiculous or not? >> it is ridiculous, but it is the kind of ridiculous that makes a weird sort of sense. we were talking about the most expensive acquisition on a per user basis, 15 years ago, the hotmail acquisition by microsoft. weirdly enough, on a per user basis, you may or may not like the instagram acquisition, you may or may not like microsoft buying hotmail, but there seems to be some universal process in respect to the per user. the user numbers are so stunning that on a per

facebook. that's about a sixth of the world's population. it's hard to imagine a time when facebook didn't exist, when it was just a game kids played and friends were people you talked on the phone, met up with on weekends. >> this is really good. >> clean and simple. >> reporter: chronicles on film, engrained in our everyday lives. sure, facebook has made breaking up harder and cyber snooping easier, but it's also saved lives. within the first hour of posting this photo, three friends telling me go to the hospital, it could be kawasaki disease. >> reporter: changed lives. >> i was on facebook one day and came across a new t-shirt design coming out. $7 from the sale of each t-shirt goes to charity, a different cause each week. >> reporter: and reunited families. as facebook hits the decade mark, its users are well past that in years, a challenge the social network is facing with competition like twitter and snapchat. >> before facebook, there really wasn't a place where you had a global directory, where each person could say this is my digita

these are your thls from around the world. facebook the cash, spending $16 billion on whatsapp. it's facebook's biggest deal to date. shares are lower in frankfurt. >>> weak pmi pushes markets into the red across the board. >>> the situation in kiev intensifies. more people are reported killed in slashes while foreign ministers are said to have canceled a meeting with president yanukovych. >> announcer: welcome to "worldwide exchange," bringing you business news from around the globe. >> did morning, everybody. here is how markets are fairing ahead of the u.s. open. it looks like another start to the trading day as far as u.s. markets are concerned. yesterday, stocks were down for a second day in a row. the dow ending at session lows after the fed minutes came out. again, they were slightly more hawkish than expected. today we have ppi, jobless claims and a philly fed index and numbers from walmart. let's take a look at european markets. we are seeing european markets coming under quite a bit of selling pressure. the xetra dax down by

and everyone around the world that's beens what app but here it might be kik messenger t mighting facebook messenger, i phones are incredibly popular in the united states and i phones can text each other for free with i message. there is no reason to uses what app, like i was saying the reason people chose it is to save money on texting where in the united states text are cheaper. >> thank you very much. >> thank you. >> and >> woodruff: by the way, facebook turned the ripe age of ten this month. so we looked back at some of the company's hits and misses from liking to poking. you can vote for your favorites on our website. >> ifill: three al jazeera television journalists arrested in egypt last december went on trial today accused of terrorism. the proceedings come amid a continued crackdown by egypt's military government that has ensnared reporters as well as the political opposition. paul mason of independent television news has our story. >> inside three journalists from the al jazeera network faced terrorism charges, mohamed fahmy, and peter greste have been held since december. >> we

and facebook's ceo, mark zuckerberg, expected to take the stage any minute now at the mobile world conference. facebook shares hitting a new record high of their own. so that's where we start in barcelona and jon fortt. jon. >> yeah. it's a big deal here. mark zuckerberg getting ready to take the stage any minute. we heard from the ceo of whatsapp, he is also here. he gave an update on whatsapp user numbers, 465 million usually monthly active, 330 million monthly daily active users. that's about 71% of monthly actives. also active daily highly engaged audience here. also said that voice communication is coming to whatsapp before summer in q-2 coming to whatsapp. but what mark zuckerberg is likely to say here in this address at mobile world congress he's likely to talk about expanding wireless access globally. facebook is frankly at the size now where it's mainly limited by do people have internet access to actually get on facebook? it's been working with carrier operators in emerging markets lately to try to get people free access to facebook. and it's trying to convince carriers after this a

facebook? it has 450 million users around the world. most of them pretty young. how fast is it growing? about a million new people join it every day. you would expect it then to have quite a large workforce. in fact only around 50 people work for it and each of them will now be very rich indeed. so what makes facebook so convinced it's worth so much money? using whatsapp, i contacted the founder of one of the u.k.'s most successful online businesses. >> should be free about 2:15 stpwhrfment it cost me and michael atkins nothing to communicate. does he think facebook overpaid? >> $19 billion is a lot of money but mentioning apps are super valuable. we're already seeing this in the far east with products like we chat and line. these are the center of the new mobile ecosystem, not just connect with wrur friends but to send money or buy a coffee or discover new games to play. >> making money won't be easy when whatsapp users have been promised the service will stay free of adverts but with people around the world using their phones to communicate in new ways, facebook seems ready to pay any

a big buyout in the social media world. facebooky it's buying whatsapp for $19 billion. the most popular messaging app for smart phones as it sends messages over broadband and doesn't rack up texting fees. the purchase price is especially impressive when you consider facebook paid just $1 billion for instagram. you could soon be paying more for your morning glass of milk. dairy analysts say milk prices could go up as much as 60 cents in march pushing prices as high as $4.10 per gallon compared to the recent $3.50 average. the anticipated spike is being partially blamed on strong demand from china. don, now to wrap up the week on wall street. back to you. >> alison, thank you very much. >>> "anchor man 2." supersized. new jokes, new scenes and a whole lot raunchier. when can you watch it? we'll tell you next. >> it's just refreshing. [ sniffles ] i better take something. [ male announcer ] dayquil cold and flu doesn't treat all that. it doesn't? [ male announcer ] alka-seltzer plus fights your worst cold symptoms plus has a fast-acti

that's going to be a key theme here at the mobile world congress. facebook ceo mark zuckerberg is here and ibm ceo and cisco ceo john chambers and more. it's a chance to layout the vision for getting more people in emerging markets online. >> all the data and studies that we've shown show that it will not only increase their opportunities to find jobs and health and education and all these things, it makes the economy better and if we do this as an industry, it will also for self-interest just increase the profits of the different companies involved here. >> reporter: lots of new products are taking a bout here including low-end android phones, new tablets from hp and an in app payment service from mastercard. lots of meetings. >> government officials, customers, partners, i meet my own employees, i meet competitors. it's the meeting place to learn and be inspired and also very effe effective, because everybody is here. >> reporter: a big week for a very big mobile industry. for "nightly business report" i'm jon fortt in barcelona. >>> we have more now on th

world combined. the ceo is joining the facebook ward. this is a guy who grew up on food stamps and was so poor he could not afford to call his family back home in the ukraine. his cofounder got turned down for jobs at facebook and twitter. the result is the two of them after leaving yahoo! started a messaging service that anyone could afford and just a zico, he found himself eating chocolate covered strawberries at the home of mark zuckerberg on valentine's day, striking a deal that will make him and his 50 employees very rich. us onlichman is joining this from l.a. a and christinalesci is in new york. >> you made it sound like a very romantic courtship. you are right, these are two people who know each other pretty well. mark zuckerberg has a huge amount of respect for this platform. we now have a better understanding of the roadmap that facebook has been working on. one of the distractions in this whole story was that we know facebook was interested in another hot service in snap chat. the storyline that emerged as we talked about that

facebook buying whatsapp in a deal valued at as much as $19 billion. whatsapp is just one of many new apps and social media tools that allows people to connect around the worldwho knows what the power , theese technologies is chief technology officer for obama, helping build a team of developers from tech companies like twitter, google and facebook. they use big data and social media to help president obama's reelection in 2012. harper is now the ceo of the financial tech company that connects retailers with mobile buyers, and mobile briars -- buyers with the products they want. i have to ask you about this whatsapp story. in washington, how do people there use whatsapp, viber, snapchat, instagram? is a greathis technology for trying to interact with the constituents. there's a lot of excitement about, how do you connect with -- people. something that is something we try to do on the campaign. would thing we have learned is how quickly the social media landscape changes. do with theou president if you were involved with him in 2016 or the next candidate? that is's a lot changing the landscape of tech right now. with the emergence of line and , messaging has

the be held at the annual industry gathering for every 24 that the mobile world congress. facebook turned 10 years old this week. >> more than 1.2 billion people now use the social networking site. says he'll continue to find ways to innovate and attract more users. facebook went public in 2012 and has continued to report a massive advertising growth. >> required to undergo a new state budget. his office says he just needs more time to put together a five-year spending plan. >> a sorcerous submitted a resignation letter. an attorney for the employee has accused him of trying to have a worker do political work on state time. but republican rival is behind the allegations. >> republican race for governor starting to heat up in illinois. reports of four candidates today and much more subdued business. compared to yesterday's contentious debate. this morning to canada its touted their business positions and business proposals. it was 90 minutes of talking issues to a primarily manufacturing minded pro-business crowd. >> if we're going to talk about the minimum wage itself what i have s

so i mean, i can imagine a world without facebook or where facebook has been dethroned the way that aobring about that? i mean the privacy concerns that a lot of people have may make some people sour. the move into a mobile computering world away from laptops may cost them some of their experience. and facebook's main way of dealing with their competitors is just to buy them. just the way they bought instagram, tried to buy snap chat, bought others. they may not be able to continually buy competitors forever. someone may come up they don't see on their side, do you see a world in which ten years we're still talking about facebook as the juggernaut of the internet. >> likely they'll be talking about facebook ten years from now than aol which was a service provider. facebook is working hard to make sure we're going mobile. designed to sort of replace your news feed. this transition they were a desk top first company a web first company and the transition to mobile is risky. >> yeah. you know matt, there's an old saying $1 million isn't cool, you know what's cool a billion dollars. that's

facebook is a most the -- antithesis, putting your statements out to the world tubes or 400 friends to look at. they are at opposite ends but it seems as though they really want to remain totally independent. it is more about facebook and what facebook wants from whatsapp when it wants to understand mayor going to ca migration. they want wondering people to be on it, tapping in to that -- they are setting themselves up to a sea change as we see more more people not wanting to say everything on facebook and their life on social media and twitter, but go more personal and communicate one-on-one with independent friends. $19 billion, most of that in stock. passionate about what it is really. >> i will have to leave it there. mark zuckerberg has just taken the stage. i will let you get to that conversation. our own bloomberg contributing editor, let's take a listen. class people love using whatsapp for messaging. it is the most engaging app we have ever seen that exists on mobile alibi far. about 70% of people who use it use it every day. that blows away everything else out there. path tot

. >>> today marks a decade since facebook debuted on the internet and forever changed t way the worldit was called back then, was first developed at harvard university as an online student directory. on the "today" show, ceo and founder mark zuckerberg said ten years ago he never imagined facebook would be what it is today. >> it's pretty mind blowing, i think, to think about. i remember really vividly having pizza with my friends a day or two after i opened up the first version of facebook. at the time i thought someone needs to build a service like this for the world, but i just never thought we would be the ones to help do it. i think what a lot of it comes down to is we just cared more. >> despite rumor that is facebook is losing popularity among teenagers, zuckerberg says the company know that is no one uses just one app anymore and they aren't worried about the competition. looking to the future, the young billionaire is launching internet.org, an organization that hopes to make internet access available worldwide. >>> and returning that missed call from an unknown number could

they don't own the world the same way own the desktop. liz: how does facebookfy paying $19 billion for this company? how do you justify it? many people are asking the same question. is it too much? >> you have to recognize facebook is doing different gain, it is a pricing game. here is the way to think of it. rewarding facebook with $100 in market cap for every user they have so they can by users at less than a hundred they use it as a bargain. it is a very rough sense they are getting a bargain by buying the 450 million users at $19 billion. liz: i you telling me don't look at the revenue what apps does or doesn't bring in? >> i don't buy it. from a pricing issue looking at how the markets are behaving, facebook is playing the game exactly the way -- >> i agree on the pricing issue. it does make sense but i don't think facebook is doing this to by users. they are doing it to stay relevant. it is a different world than the internet and desktop based world and facebook has gone 950 million active users but all these other social apps, hundreds of millions of use

. >>> some big news from the tech world. facebook disclosed yesterday it is buying the instant messaging service whatsapp in a deal worth $16 million. julia is in burbank with the details. good morning. >> reporter: facebook is making its biggest acquisition ever, spending $16 for whatsapp. the leading mobile messaging service. it's allowed users to send text, photo, or video messages to anyone else with it without carrier texting fees. it's free for the first year and then charges 99 cents per year. facebook is gaining the 450 million monthly users and they're highly engaged. 70% tuesday daily. it's growing faster than any other mobile social app, adding a million users daili. to put this in context, whatsapp has nearly twice the number of users as twitter. >> wow, that's huge. julia, thank you very much. >>> and more proof this morning that golf is not all fun and games, take a look at rory mcilroy. he hit a very tricky shot and you can see it didn't go so well. the ball sailed toward the crowd. the fan fell into some cacti. oh, th

world. we will find a way to benefit in some way. with internet.org, there is no clear plan i can say today. is it going to be good for facebook? is clearly good for the world, global health, people in these countries. i think you can see that. over time, if we can deliver this, i think it will be good with us -- good for us. >> and your board agrees with us? >> they are on our board because they believe in our mission. >> you said it was primarily to help fulfill this vision, but you paid $19 million for it. i am trying to put myself in the head of the board. i probably agree that long-term making the world more connected and open is a good thing. but they are numbers people, a lot of them. that is a huge investment you just made. it sounds like the return is very long-term. is it the right way to think of whatsapp? it is not the way it has been discussed in the media, as a connect the world sort of tool. it has been talked about as an advertising platform. is ae first piece is, it company by itself. and then there is the strategic value, what we can do together. i think by itself, it is worth more than $19 billion. it is hard

right now so as the internet continues to grow and we have more people in the world who will be on the internet i think facebook will continue to grow as more people are getting connected that's a very good point and if i can go to you i kind i use facebook very much like austin does i use it to promote myself in this program and you know what it is effective ok i do get it because people's shit the sharing thing is the one i like most because i find my myself in the in the in places i never could have imagined it all because it was because someone shared it from facebook so i mean from again a utility for people like me it is very very useful though at the same time i have to put up with a lot of people that i don't really call friend i think i think the nail in the head there i think as long as it's as long as it's profitable for people to use it as long as there's ways that people can use it that works for them it's going to be continue to be popular you know friendster still exists my space still exists so and these things don't have nearly the user base that facebook does but even my space it still helps c

facebook celebrating a decade of status updates around the world. the company now claims more than 1.2 billion monthly users around the world. put another way, facebook's monthly user total is about the population of all of north america and europe combined. the u.s. and canada combined make for about 20% of daily active users. savannah guthrie spoke exclusively with founder mark zuckerberg to see how he is marking the occasion, and what he sees coming next, if he'll tell us. the full interview is tonight on our website, nbcnews.com. >>> microsoft has a new boss. satya nadella will become only the third leader in the company's history. he will replace steve balmer, and notably, bill gates is stepping away from his official post as chairman, though he remains on the board and he'll advise the company. the new boss, nadella is a 22-year veteran of the company. >>> their commercial was on a lot of top ten lists for best commercial at the super bowl. radioshack made fun of itself in the latest ad for being locked in the '80s. even though radio is in its

there's no -- nothing in the world like apple, there's nothing in the world like facebook.only be born in the united states. just take a walk in boston around mit, and you see so many startups in the fore front, industries like biotech, we lead that area. that's the first one. the second one is energy. i mean, we have more energy in this country now than any other country. saudi arabia is small compared to the united states in terms of production and reserves. that's not taken into account when people are negative. and then you add to that that manufacturing is coming back. we are seeing it every day. i have a list of 85 manufacturing facilities coming either from asia or europe to the united states. and they're going to places like pennsylvania. so we're seeing that happening. and then we have capital. for the first time we have an excess of capital, consumers are in the best shape they have been in in 35 years. they have paid off their debts. the government has debt, but the consumers don't. we're in fine shape. >> i grew up in boston walking around the mit area, charles

he almost was like if you think now in our modern world facebook and the internet this new technology. in the 1960s one of the producers i interviewed talked about television almost like the facebook of its day. in 1968 roger ailes has this fateful encounter with richard nixon that changed american political history and changed american television history. it was on the side of "the mike douglas show" where ailes featured richard nixon and nixon lost the 1960 presidential election to john at kennedy and part as he had such a disappointing performance during the televised presidential debates. it was a first-time presidential debates were televised and richard nixon had the wrong makeup. he wore a gray suit with a gray background and maybe you can blame delta iv that. he had the wrong wardrobe and so he appeared almost ghostlike on the screen next to john kennedy who was tanned and he looked like a movie star. fast-forward 1968 richard nixon is running for president again and the one thing he has to do to win the presidency is to win television and this medium that brought about his po

world. companies like facebook and whatsapp will need to provide cheap or free over-the-top services. >> whys this happening now? >> mobile is such a significant trend. smartphones are now computers. apple called the iphone the iphone. it is not really a phone. the phone is one of many applications on your device. it is a mobile computing device with internet access. >> we will continue this conversation after a quick rate. -- break. we are talking about messaging apps. we will be right back. ♪ >> welcome back to "bloomberg west." messagelking about services like whatsapp. we have tom katis and georges harik. >> should be continuing. you should see a lot of consolidation. >> who will buy them? >> i do not know. whatsapp is now part of facebook . >> is voxer for sale? >> everyone is for sale. we're are very focused on the enterprise. you're focused on building a sustainable business that generates revenue and profitability out of then taking that path of drill out cheap user base. we are very interested in delivering services that are not just sms. we have a lot of work to do. we're working t

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 china sea followed by what can only be expected to be a seizure of the sen kay cues. >> chinese forces have been training to improve their 5b89d to land on taiwan. analysts say they're working harder in other areas and highlighted two conductors they conducted last yea

but in the hands of users arounded world. >> right, he's gone from founding facebooking up, acquiring some of those other ideas. tell us about the guys behind this billion-dollar deal. >> oh, it's such an interesting story. it's also an immigration story. it's a rag to riches story. win of the co-founders he integrated to mountain view when he was a teenager. his friends will tell you he barely spoke english at the time. he spent time at a welfare center because his mother was on food stamps. when he actually decided to sign the papers for the facebook deal, he went back to that same welfare center where he spent so much time with his mother who has since passed away. they said he had tears in his eyes it was very much his hearn dream. he met his co-founder at yahoo!. brian left and actually applied for a job at facebook and they rejected him. i want to read to you a tweet in 2009. brian said, facebook turned me down. it's a great opportunity to connect with fantastic people. looking forward to life's next adventure. twitter also rejected him. he tweeted that in 2009.

so facebook has become sort a top feeder down to many of the biggest news sites in the worlds.s an interesting trend that makes them very legit. the last thing i would point out. i talked to advertisers as part of my work and you don't have a conversation with advertisers anywhere in the world where facebook is not one of the top one or two topics. these are just some of the indicators that show you that facebook is not some flash in the pan. i think lot of people see it as a waste of time. but there's a lot of major underpinnings. >> is it still growing though? billion. >> about two years ago they hit a billion and gone from one billion to about 1.2 billion over i think the last two years. it's a much slower growth than it was. >> but in social networks that followed after facebook but this one just seems like they can't catch up. >> yeah, this is the big one. so for better or for worse, regardless of what you think it does to the level of conversation and discourt and content. that's all been kind of reinterpreted. but facebook a big deal and clearly here to stay for the fore

world. companies like facebook and whatsapp will need to provide cheap or free over-the-top services. >> whys this happening now? >> mobile is such a significant trend. smartphones are now computers. apple called the iphone the iphone. it is not really a phone. the phone is one of many applications on your device. it is a mobile computing device with internet access. >> we will continue this conversation after a quick break. we are talking about messaging apps. we will be right back. ♪ >> welcome back to "bloomberg west." we're talking about message services like whatsapp. we have tom katis and georges harik. >> messaging clients and over-the-top messengers are a big area. whatsapp is doing about as many text messages per year as the entire sms market globally. whatsapp is growing a lot faster than sms. this is a profound shift. what will be interesting is over the next six months or a year, the pace of this m&a activity and over-the-top messaging space should be continuing. you should see a lot of consolidation. >> who will buy who? >> i do not know. whatsapp is now part of facebook. >> is

but facebook recognizes how rapid changes happen in this world of mobile computering. whatsapp has great success, while facebook has only minor successes. >> tom friedman, you wrote a column about startup america and how silicon valley is where ideas come to launch, and washington, d.c. is where ideas go to die. what does washington learn from silicon valley? >> one of the biggest things you can learn is that in silicon valley, a collaborator is something you're building something great with. in washington, d.c., it's the french term, someone from the other party you're working with. there's a message there. what we're seeing there, to take it back to ukraine, the world is going from connected to hyper connected. and that concentrates wealth at the top and distributes power at the bottom and injects transparency everywhere. and what isapp, i came across it two months ago in saudi arabia. i'm going to whatsapp you, they said. this is big outside of the united states. >> there is the ukraine connection because one of the founders was from ukraine, and he didn't like the p