yahoo! labs inside to find out how it works. i amron brockman, the chief scientist for yahoo!.s what key the lab scientist used to support a wide variety of products in yahoo! we've technology to understand what new stories users like to read and apply that in the product on the yahoo! homepage and that gets one billion clicks per month. one of our greatest emphasis is in mobile technology. you are probably familiar with the yahoo! mobile weather app. in order to find photographs from our database, we need underlying strong computational thinking to figure out how out of a vast array of millions of photographs, to find the ones that match the right time and place. this is part of the general theme that yahoo! labs has around personalization. it could be news stories that are important to our advertisers come matching a high-quality delightful ad and a user who just needs to see that at the right time and place. people our product create exciting products but we don't flash yahoo! labs in the front. personalization at internet scale to one billion users. >> the yahoo! chief scie

yahoo! still has upside. you have yahoo! japan, mobilization and ability to do acquisitions with all this cash. this is a stock in the teens it was cheap, 39 is cheap i think it's going to 44. >> almost universal praise for yahoo!. >> i don't know. >> on the desk it is. >> i would be a buyer. >> i wouldn't be a buyer. i wouldn't be chasing it up 4% 5% on this news. i would buy it at 35 or below. >> we all want to buy it at 35 or below. >> i wouldn't chase it up here. >> you miss trade. >> you don't chase a stock up. >> the stock is up $13 and quite frankly all of the great initiatives that melissa has planned sound awesome. but they are theoretical. there is no revenue growth. >> you're make being my point for me. the stock has run up the way it has because of alibaba. >> people have been arguing this exact same argument at $25, at $28, at $31. now at $39 good lord we can't touch this stock. it's not overvalued. you have this cash. they will take off some of that cash and use it for acquisitions which has been part of her st

yahoo!.s let's start talking about the real value at yahoo!.ive a lick of credit to marissa mayer. she walked into that. since she took that job in the stock is up 150%, should we be singing her praises or sending a inc. you know to mr. yang? >> even she has been grateful to .erry yang there was great interest early. >> what core businesses does --oo! have right now that when you think about what melissa -- marissa mayer said, she was excited and thrilled that they were reaching out and katie couric was going to be part of the yahoo! universe. she is an engineer. from an engineering respective, what are they doing. been very clear about what they have been focused on. first it was people, products, and then revenue. if you do not have a full and complete understanding of how to make the revenue, maybe the people and products on going to be the right fit. -- are not going to be the right fit. they are only now beginning to figure out the revenue problem. they're getting there. us a number.ve if you strip out ali baba and yahoo! japan, what is yo

how does that fit into yahoo!?google is doing is for women's they took $1 million in 40 companies and said build that. melissa: maybe she is not trying to buy engineers but is the product killer a lot of people accused her of being, she is trying to squash the competition and by them and shutdown. >> if she was trying to squash competition she would buy suddenly and shut down and push yahoo! news out there. she is doing a good job buying young engineers because you need this fresh talent. looking at yahoo! what is going on? the company is left for dead and you have people with good ideas. >> in yahoo! there's a two year contract and they go off on their own, they're now working in -- melissa: nobody wants to apply yahoo! there's no interest and now they are getting tons of applications. all this talent they didn't have access to before not to mention all the press from this. is a huge boost for her. at what price? >> exactly, she shut down 31 so it costs money to shut them down and losing customers. i don't think t

yahoo stock soared nearly 80%. investors are excited about the alibabaipo and piling into yahoo to get a piece of the action. after that, analysts say there will be pressure on yahoo's ceo marissa mayer. >> assuming alibaba goes public in the third quarter, by the end of the year they need to show a clear path to, you know, growth again and i'm talking about the yahoo operations not some of the parts if the market is to embrace the yahoo stock, and continue to buy it. >> reporter: no ipo since facebook has created the kind of attention that alibaba is generating. investors, bankers and analysts are anxiously awaiting more details about its business. one thing is certain, the future of e commerce, chinese ipos and yahoo will look different after alibaba's public debut. josh lipton, "nightly business report", silicon valley. >>> and coming up on the program, what the golf industry is doing to get back in the swing of things and prevent the cold, hash winter from taking a bigger toll on business. >>> 28 attorneys gene

yahoo! ibm vs. 3d. break each match up the down, netflix/yahoo! matchup, yahoo!got that, a lot more employees, got that too but netflix is the stock that has been on a tear, this is very clearly find, streaming video company. yahoo! a whole bunch of stuff they have got including the stake in ali baba. look at the two stocks you today, netflix of 15%, yahoo! down 3% even with the rally yesterday. charles, what have you got? netflix versus yahoo! and looking for the best stocks to invest in long-term, which is you're? charles: going with netflix. this guy read hastings has reinvented the company twice and is on to something and absolutely phenomenal, more volatile stock, marissa myers got the benefit of the dow. ali baba's idea comes through, the street is asking what do you have? she has benefited from it, shareholders. this guy has won twice already. stuart: netflix for you. look at the old machines versus new machines. that is the other match up. 3d systems, new machines. ibm, huge company, big blue-chip stocks, i am going to call that up and coming to. the stoc

liz: yahoo!, yahoo! masker what, a 24% stake in alibaba. does it sell?that stake once it goes public? >> yes. and yahoo!'s actually said that for quite some time, that they're planning to divest. they own a huge percentage of the company, they've already divested before and, frankly, they don't need to continue to own that much if it's going to be worth that much money. and that's great for yahoo! because it gives them capital which they can continue to use to help fund this turn around. liz: any other big winners besides yahoo!? we see six banks that may be in on this ipo and, of course, alibaba has said all our children will remain equal on this one. there won't be one lead underwriter. >> i think the ipo is looking at coming up, basically the chinese twitter has announced plans for its ipo. and what's interesting is that the significant stake is actually ownedly alibaba. but i think they will benefit if this goes well and is well received, then other chinese tech stocks will have a much easier time whether it's in the united states or if hong kong. li

you know if you look at yahoo!'s valued ironically roughly in the range of time warner, cbs, and about ten times ebitda. you grow the bottom line 10 to 15, sometimes high teens partly through buybacks. they haven't talked a lot about that. they don't want to telegraph that necessarily, but i think buybacks will be a large part of it. >> i stock is 39.15. i'll play the bear, martin. stock's already up 77%, it has basically no organic growth. in fact ref is below where it was five and six years ago. the average price target is -- which would make us there. >> there's a bear argument that's fairly valid. if this el can turn and an regrow revenue, i would be bearish. i still think they can do that. that's not in the expectations, not in the ebitda or eps number. if you one through 5% to 10% revenue growth rate, you can get to a target price that's kind of in that mitt 40s. to put it in perspective, it's slower from here than it has been. >> we have to leave it there. thank you very much. >>> somebody special on the pho

yahoo!'s stake in china's e-commerce giant alibaba, an attractive ipo if it does happen could give yahoo! the jump start it needs to reverse this performance gap. until then, google and the short -- long google and the short yahoo! trade could continue to be a winning trade in 2014. >> quick question. is there something intrinsic to the idea of a pair trade that the two companies in the pair have to be in the same rough industry? why couldn't i go long google and short pfizer? >> you could do that. if you have a compelling investment thesis for that. we just decided to pick the same industry because in some ways, it could be a hedge. they both operate in the same kind of industry, they both have divergent viewpoints but here's the thing. stock picking matters so you have to do your homework. you have to say why is google a better investment than yahoo! and really dig into why that is the case. that's the reason why at least for that pair trade, you have something that can work. remember, if t

what will happen people stop using webcam, but if they're big yahoo! users they still use yahoo! be scared away some portions of the application but not so much the stock. neil: what worries, keith to gary's point, we get used to, you don't have a wcam or built in monitor you don't think about it. i'm wondering if we get upset about this and forget about this? >> actually i think it is other way around, neil. i think we forget about it and upset we forgot about it an proof is right in our face of the time t really discuss all this 40 years ago when they first developed this technology. the genie is so far out bottle from usage standpoint it is not even funny. going forward from an investment standpoint the real mt on the bone is edges. it is around security companies. around who can manipulate the data. it will not be big guys like yahoo! because they have lost control of it. >> even if they lost control of it, there are very few guys do what they do, to theeft they do. gary b., might get a black eye or genuine surprise or feigning surprise but i don't see the hit being that seve

>> yahoo! is slowly rolling out changes that will require its users to log in to yahoo!ervices. starting with the ncaa march madness brackets, it will expand from there. official explanation but here is one that makes sense. the ceo decided to make strategic sense for yahoo! to have more control over its user data. that's potentially important for ads, personalization and the move to mobile. the two main targets here, facebook and google log-ins which people can now use to log into most yahoo! services. once the change rolls out completely, that will no longer be the case. on the down side, some yahoo! users might abandon the services rather than go through the hassle of creating new log-ins but the upside is yahoo! will have a clean data base of its own users, a clear way to transition those folks to mobile and since we don't know how many yahoo! users log in using facebook or google, it's hard to say what the impact might be, but it suggests she wants to strengthen yahoo!'s hand as a tech platform, not just a broad media provider. >> jon, thank you very much. >>> the

john, via yahoo!calling out your tractors that criticize your voic kudos for not making excuses and hiding health issues. you're hardest working guy on tv. your the best sense of humor. please interrupt liars, spinners and sid i don't think so. they waste your time and answer. whcan't answer the question. why indeed. you better talk to phillies in las vegas. sheavead it. cavuto, control yourself and shut up! you're so busy trying to prove you're smart and you're not. you get dumber every second you interrupt your otherwise more stimuling guests. this viewer will get stimulated elsewhere. phyllis, exactly what do you mean by stimulated elsewhere? it's a family show, young lady. christie in baton rouge. fox anchors like to talk you remind me of my butcher. like him you also giv me the beef. touche, chrissie, touche. al leaks, what is the deal with your hairpiece. don't you make sure it is straight before you go on air. it was all out of place last night. all right. alex for the 1,000, one millionth time

but i look at yahoo! japan. i look at the different areas in yahoo!hey're working on and the acquisition strategy. if she's even close on this $150 billion, marissa mayer, i look at facebook. what are their revenues versus a $750 billion company? i think ali baba is getting priced as if they're the facebook now. and because of that, i think it does -- real or not, i think it does make ali baba $150 billion or more on the open. >> guy? >> it's critical that it's $150 billion. i think to your point, i think that the market will take over. and you could see a $200 billion print, which gets yahoo! over 40, for the reasons that pete cited. and i think ali baba is a big component of this. yahoo! earnings haven't been great. but the stock down 2%. as long as it holds 35 1/2, 36, it goes higher from here. >>> let's get a news alert from time warner cable. >> reuters reporting this afternoon that time warner ceo, rob marcus, stands to get $80 million in a golden parachute if that $45 billion deal, come cost's $45 billion deal goes through. reuters breaks it do

it will not be big guys like yahoo!they have lo control it. >> even if they lost control of it, there are very few guys do what they do, to the heft they do. gary b., mig get a black eye or genuine surprise or feigning surprise but i don't see the hit being thatevere thatong, do you? >> totally agree. the best example is most recent one in target. people were outraged. people were going to stop shopping there. meanwhile, target i think i just looked is up 15% since the, since the end of january. so ifou had bought when, you know, there is all the red flags and going out of business,hey will lose all this you would have made a pretty good penny. neil: do you think, keith, you went back, nicely put, forget the rage, whether you did forget we look atll of these high-tech companies as having the potential to make us very vulnerable but we deal, we just deal with it because we need them, what do you make of that? >> i think that's a very prescient statent, neil. we have tended to learn to live with our worst nightmares becau

. >>> changes this morning to force more people to soon up for a yahoo! i.d.or that and the news before the bell, let's turn to courtney reagan live at cnbc world headquarters. good morning. >> good morning. futures flat, slightly lower this morning following tuesday's big market rally. investors able to put aside their fears with the crisis in ukraine for a day. the best day of the year in fact for the dow and s&p 500. s&p closing at i knew hishg tgh. data on private sector job growth and the nation's services sector. dow jumping 227 points to 16,395. nasdaq up 74 to 4351. >>> gm's ceo says the automaker sorry for the recall of 1.4 million vehicles involving air bags that don't deploy due to faulty ignition switches. gm is aware of 31 crashes and 13 deaths. gm engineers have known about the issue since 2004 but kept using the switches until late 2006. in a letter to employees she's personally leading an internal review. >>> yahoo! will stop letting people log into various services using facebook and google accounts, including yahoo! fantasy sports and flicker

yahoo! shares jumped on the news. those investors looking to get into yahoo!hey sell their stake. we are looking at a massive sale for alibaba. if it prices at 153 billion dollars, which is the average analyst estimate, that would be bigger than 95% of the s&p 500 companies. >> yahoo! itself only has a $38 billion market cap. how much do they own, a quarter of alibaba? >> 24%. >> so that would be massive. $37.5 billion, exactly their market cap in alibaba in the price for that. >> they probably won't sell it all right away. they don't want every yahoo! shareholder to exit when alibaba goes public. they will trickle them out. not sure exactly how much they will sell. that is hopefully a finding that will, next quarter. but yes, there is still a large chunk of money that they own. >> let me get straight what alibaba is. we talk about it all the time. is it like the chinese amazon, or chinese ebay -- what exactly is it? >> all of the above. there is nothing similar to adhere. -- to it here. it is an e-commerce giant. the way the business model works is different.

if yahoo! owns 24% of it and yahoo!ictment of yahoo! itself? yahoo! on its own is only a couple billion bucks, max. >> i think people feel that yahoo! is somewhat of a wasting asset. i don't feel that way. there's been a subtle backlash against yahoo! saying maybe the honeymoon is over. maybe things aren't so great. at the same time, i think that this is a nice call on what i regard as being a lot of things that are in action at yahoo!. they're not coming to fruition yet. >> yes, andrew. >> i thought you were -- >> no. unless the camera is wrong, i see that jim, like myself and wore the green tie today unlike sully. jim, glad to see we are wearing the green tie in honor of st. patrick's day. >> i had green beer last night. it tasted a lot like regular beer. >> that's actually not green. that's guacamole. >> you know how expensive guacamole is? i love that green. it is wrecking our profit margin. it's gone up triple since i started the restaurant. it is killing us. >> really? avocado inflation. >> we've been talking abou

yahoo! sports says, while there, harbaugh spent almost an hour playing catch with the former eastern illinois quarterback. he caught the attention of a lot of pro scouts at senior bowl this year. harbaugh says he's impressed with the quarterback's journey so far. >> caught on camera, warriors' all-star steph curry going head to head with his coach. >> 25-year-old curry in a shoot-out with 49-year-old mark jackson earlier this week. curry arguably the best three-point shooter playing the game. jackson played basketball, too. he couldn't beat jackson. jackson won all three rounds of the shooting contest. always best to let the coach win. >> good idea. into checking in right now, christina loren. getting a look at our day today. more rain on the way you said? >> more rain on the way. it's not coming in for your morning drive. it will be here for the evening commute. we like to keep you two steps ahead of each storm system coming in. temperatures will end up in the 70s. it's mild out there now,

--the morning must read andrew klein -- yahoo!e idea of what is >> i think yahoo!got some challenges as we try to navigate the changing environment. it has to consider its brand and what it stands for and how it will move into the future. worldre competing in the where worlds are converging. >> to me, it's amazing. we see this with the alibaba ipo. >> i want to advertise on yahoo!. we have more coming up including a discussion and interest rates next. ♪ everyone, "ing, bloomberg surveillance." at stocks, bonds, currencies, and commodities affected by what is going on in russia, ukraine, and crimea. euro, that is your data check. >> we have breaking news from one of the big gainers yesterday in anticipation that it would spin off its equipment rental unit. tot is news for investors cash in on. >> whether it is carl icahn cause and companies to unlock value. >> did you ever rent a manly tool from hertz. >> i didn't rent a stump remover. it was the most miserable weekend i ever had. it was manly. >> let's move to the fed. it will be her first meeting as chairman. the

is pushing for it. >> the whole reason for the ipo is so yahoo!to exit its stake in ali baba. at chinese government looked it and realized ali baba is owned primarily by sworn entities. this has been in the works for several years in order to allow yahoo! to exit stake and make it more of a chinese health company. >> how game changing is if riley baba to go public echo class i think it needs to go public now is losing in mobile and it will give it the currency it needs to make more acquisitions. press ok. it is lagging behind in mobile to a rival. a messaging service. is it similar to a what's apple or what is it that is beating alibaba? >> it has been the dominant internet service similar to yahoo! in its heyday. bunch branched out to a of different services. one of them is a popular messaging app similar to what's app or more like facebook messenger or the yahoo! messenger. the messenger service has 250 million users. it is massive. a lot of them are based in china. it to dominate the mobile audience. quest that is huge. are you hearing what ali

>> yahoo! is one of these names. we talked earlier in the week, i think qualcomm is one of those names. definitely new tech even though it's old tech. by the way, what i'm hearing from people in the market, alibaba is probably going to price around 150 billion. >> i'm kind of confused. old is new, new is old. >> companies that have been able to change their business model. >> that's exactly where i was going to go. you talked about cisco getting into the cloud more. it has performed good. cisco is right in the middle of that. cheap stock, nice dividend. >> let's go back to sheila, even more news on tesla. >> we have a statement from the company. saying they would like to thank governor cuomo for architecting this new agreement. interestingly the company ends with a line, tesla looks forward to a future where it can continue to create jobs. so, tesla saying a big thank you to everyone involved i'm sure they are. thank you, sheila. you were saying you're not entirely surprised. >> are you thanking governor cuomo? >> th

but yahoo! investors are counting on ali baba to have that monster valuation. >> and your rating on yahoo!? >> we're neutral on yahoo! >> got some breaking news on herbalife. let's get back to scott at headquarters. >> thanks so much. we continue to follow this news of the ftc investigation into herbalife's business. some color here. a source close to herbalife telling me that the company was surprised by the ftc investigation. i think i can almost go as far as to say, they were blind sided and surprised, as many of us were, to get this news today. but that the company, as it said in its statement, welcoming the investigation. it feels, according to a source, that the investigation is now the best way to battle bill ackman's accusations. i can tell you from a conversation i had with a source close to the ftc. that some of the investigation can take up to a year, perhaps longer than that. that it could also involve the ceo, michael johnson, as well as other senior executives. a penalty in this ca

if you are a yahoo! shareholder, you look at this as an opportunity for yahoo! to sell its shares. if they do the filing next month, shares would continue to rise up to that point. that is why we saw a spike today. >> in your story, you talked about the possibility they could list in hong kong. i know there are regulatory issues, but they are leaning towards the u.s. at this point. >> exactly. sources are telling us that they have to come up with a solution with a hong kong regulators and that is over the partnership structure. been able to come up with an agreement with the hong kong exchange. the u.s. regulation allows that to take lace. it is looking like it will take place here. >> thank you for joining us on "bloomberg west." we will follow that story. thank you for breaking bad news for us. now to a new twist in the mystery of the mission malaysia airlines flight. i cannot get enough of this story. i'm obsessed. >> it is funny how the store is how people are sitting there and speculating. we know a little bit. transponder was active for about five hours after the plane transp

. >>> yahoo is hoping its users will get their game on.the web portals launching a new gaming network called yahoo games. it will allow people to develop and share games and make money off of them. the network will include everything from classic card games to new multiplayer games. yahoo says the portable work on the web and ios and android devices. >>> the dow gained 108 points they nasdaq added 11. >>> starbucks has announced plans to offer beer and wine during the evening hours at thousands of its cafis. starbucks currently serves beer and wine at just 26 cafis out of its 11000 outlets nationwide. no timeline yet for which cafis will serve the adult beverages. >>> the first day of spring, spring start of this morning at 9:57 a.m. and today was pretty mild although we cooled off a little bit with low clouds and fog and some high clouds moving in this afternoon. temperatures ranging from the lower 60s in pacifica, 70s toward vallejo, concorde, livermore and san jose 74 degrees. on the satellite you can see a few clouds and some sprinkles

alan: i like yahoo. yahoo has had a little bit of a pullback here. i see more upside in the yahoo market.their median employee pay is 125 thousand. but look at the stockwe've got more upside. 50 is the targetabout 40% higher than we stand right now if we can break above the incrasing highs above 42. angie: topic number 3biology lesson. recently the nasdaq was knocked down because of the biotech selloff. are we in bubble trouble? alan: absolutely not. as we all know technology is needed to extend our lives and make us healthier and that's going to continue to happen. it's had a pullback. look for that ibbthe eyshares biotechnology fund is down 15% but it's still up 50% over the last year. look for it to hold this 200 level. scott: i'm going to answer a little bit faster than that because alan's gotta get this suit back by 3. we have to take a look at what i think is the biotecheveryone wanted to blame the selloff on the biotech's. i think it's garbage because we never really blame the rallies on the biotech's. so if you can't blame the rallies on them

shares in yahoo are up by 1%. back you to. >> all right.ason brooks, thank you. >> good day so far in the stock market. >>> how about traffic? how are we doing? >> that cans are starting to stack up. we have a problem making traffic worse. it's westbound 80. it sounds like it's mostly cleared to the right hand shoulder. slow conditions beyond golden gate field. they've been lighting the meter lights at the bay bridge slowly. traffic is already stacked up. a look at some sensors, coming from antioch, as you pass road work, highway 4 begins to slow. everything looks better past the pittsburgh bay bart station. the he's a live look near the dublin interchange. we haven't soon toe -- seen too many accidents. all th, moving over the high-rise. eastbound traffic looks good. bart has been problem-free. no delays. it's the ace train number one. we're hearing delays of maybe up to nearly 20 minutes, so set to arrive in san jose by 7:00. ace train 3 and 5 are both on schedule. that's your latest traffic, which you can find on 106.9 fm once you hit th

. >> we do have news on yahoo.et's go back to seema. >> preliminary talks to acquire news distribution network for $300 million. what makes this deal interesting is that it could serve as a competitive threat to google's youtube. now, melissa, we know that ceo melissa mayer has made online and digital a big part of yahoo's growth strategy. this will be a news item we'll continue to watch. back to you. >> thank you very much. this is yet another pretty small acquisition for yahoo. >> there's zero chance they compete with youtube. youtube's got -- >> $300 million acquisition to compete with youtube. >> it's fine. >> i care a lot more about the whisper numbers on the alibaba ipo. and that is something that is much better than where we were a couple of weeks ago. 35 to me is a bottom. i think where you can trade yahoo with a stop probably just below that. and i would get long here. >> that's 100% of yahoo's value or more, and i think people are concerned about these kind of acquisitions. are they doing anything? >> any

. >>> the call yesterday was from kantor on yahoo! that was unless yahoo!e business, the day of the ipo will be yahoo!'s peak. >> she said they're trying to keep the price down. that's going to be a disaster for yahoo! people are reputing around 140 billion, 150 billion to get you to the sum of the parts around 41, 40. i think it's coming higher. but if i'm playing this space, i'm probably playing it in 10 cent. i'm playing in baidu. this is where the opportunity and the growth is. these guys haven't traded the way the other stocks have. >> would you sell yahoo! ahead of the ipo? >> i probably would. i absolutely would. i don't think you can wait until after the ipo. you have to sell your pumpkin futures before halloween. >>> big movers of the day. a pop for caesar's. >> it feels like it wants to take out the 27 level. i think it can stay long the stock. buy it here. and you buy it again on a close above 27. the chart looks good right now. >> big pop for yandek. this is getting the russia pop. it's good for their roaming business. watch this stock. it's goi

this is what yahoo!after because they want to be able to say to advertisers, work with us because we can deliver you the eyeballs. >> matt campbell, r bloomberg deals reporter. stay with "on the move." final thoughts coming up next. ♪ welcome back to "on the move ." is at the high-tech summit in berlin which brings together top industry executives, innovative startups, and investors. hans a standing by with the ceo of one of those startups. over to you. with the ceo.g by the morning. you see berlin behind me. an abandoned building. it is one of the reasons why berlin is exciting. rents are cheap. last night we spoke with peter keele and talked about where he is investing. this morning, i am here with one of the companies he has invested in -- thank you for joining us. you move your firm from boston to berlin three years ago. tell us why. investments three years ago from benchmark. benchmark in san francisco. we discussed, should we move the company to san francisco or berlin? matt said boston is not the

valuation, does that make yahoo!'s stake worth more than the market cap? >> no. yahoo!ill have to sell half of their 24% stake, unless they decide to do private dealings, which we are not party to this -- at this point. they will sell 12% and the new shares will dilute them down to 10%. that loan 10% after this is done. i think the underwriters will underpriced the deal. they do not want to replicate the facebook situation. the stock will be a goodbye for people if they can get it to requests is that fair to do to ali baba? it wants to squeeze as much out of this as possible. will they be in a situation where goldman and jpmorgan could push them to christ -- prices to protect themselves? >> it is in their best interest for the initial buyers to make money. andink it was a mistake excessive greed by the company and it was a learning experience and it gave us an opportunity to buy should -- facebook shares at what now look like a spectacular price. i do not think that will happen this time. i think the stock will trade at a significant premium the day after it closes. thi

yahoo!es higher today following news that alibaba has chose ton list its ipo in the u.s. yahoo! has a 24% stake in a aliba alibaba. other large cap stocks outperforming as investors take a more risk-on approach, google and apple higher on the day. it's not just tech. pharma, health care, insurance players also posting gains. look at hertz also on the move on reports it is preparing to spin off its construction equipment rental business. twitter shares not participating in the rally following news that the ceo is planning a trip to china to meet with government officials. twitter has been blocked by chinese censors since 2009. stock down frictional ll ll lly fractionally in today's trade. >> earlier on, stephen wiseiss said he sold out of twitter at a loss. >> and we have someone who says stephen just made a mistake by selling. what made you sell. what was the big red flag for you on twitter? >> well, first of all, i have made mistakes before, so it's not unusual as a trader to make mistakes.

yahoo!, who has a big stake was and it will be good and they have been on an acquisition spree going public i have to believe will provide more currency. >> what kind of acquisition? >> they said $1 billion last year. outright purchases and minority stakes. we heard they took a stake in weibo and it took a stake in a video and movie production company and it has been launching a lot of mobile areas where it has a weakness. >> what kind of numbers do >> what kind of numbers do expect to see when they file to support this $200 billion valuation? >> some of the numbers are staggering. investors will start with the overall chinese market and growth opportunity. 600 million registered internet users in china. e-commerce is a bigger part of the retail sale environment and that in the u.s. for much of western world. it is a company that has a sweet spot of some the key categories in the chinese economy as the chinese economy becomes more consumer oriented. a big base to start with and as you know,

yahoo! owns 24% and softbank owns 30%. here is another possible ipo.my choo, the luxury shoemaker. there has been talk about a possible ipo. the shoe unit could be as high as $1.7 billion. those are expensive shoes. the ipo would be to pay for expansion in asia where sales are rising. some high heels to high tops, march madness is here. tips for making the ultimate ncaa bracket. that is coming up in sports. plus, they weekend's number one box office last week. we've got the numbers for you coming up. ♪ >> this is "lunch money" on bluebird television. i'm adam johnson. today's moving pictures now, where the video is the story. protesters and national guard clashed in caracas. the president had promised to use military force to "liberate" middle-class from the barricade. it turned out to be a large scale integration of venezuelan armed forces. a 6.7 magnitude quake forced the evacuation of 100,000 people in chile, but only minor damage was reported and it evacuation order was lifted after three hours after the earthquake. and knocking out a top contender

"hey, jimmy, i've always wanted to hear yahoo answers sung by a a professional singer.so here to sing some actual yahoo answers is tony award-winner audra mcdonald, everybody. [ cheers and applause ] >> steve: ladies and gentlemen, every question and answer you're about to hear has been taken directly from yahoo answers, the popular site where anyone can get their questions answered by other ordinary people. these are all 100% real. with that in mind, we now present to you the yahoo answers lounge singers. [ cheers and applause ] ♪ >> jimmy: it's a great crowd. >> fantastic, yes. >> jimmy: hey, audra? >> yeah, jimmy. >> jimmy: i've got some questions that need answering. >> all right. well, i'll see what i can do. ♪ how do you tell which side of the potato chip is saltier ♪ ♪ brush off all the salt on one side then you'll know the side you didn't brush off is saltier ♪ [ cheers and applause ] >> jimmy: you're good. you're real good. >> oh, yeah. thank you. thank you. >> jimmy: how about this one. >> okay. ♪ what are some things to do when you're bored at home ♪ ♪ stick

yahoo! hosts the event and even though the registration is closed right now, they've already signed up a chunk of 15 million players who didn't have yahoo! accounts previously. >> yahoo! is definitely going to gain from this, they're going to gain market share and get people excited about it and they'll start saying, hey, baseball is starting. you should do baseball. >> reporter: meanwhile the event's main sponsor quicken loans is getting you to fill out these forms on your home status and current mortgage rate 15 million people, can you say quicken loans says it's only looking to aggregate info to learn more about consumer trends and yahoo! has not yet responded to our interview request. one thing is clear while these companies have a rock solid guarantee of collecting crucial data, we'll all be at home calculating our odds of winning the big prize and survey says -- >> not so good. >> doesn't take a genius to figure that out. we'll be right back. >>> and our freedom pets in nee are joining

yahoo! hosts the events.ven though the registration is closed right now, they have signed up a chunk of 15 million play whose didn't have yahoo! accounts previously. >> yahoo! is definitely going to gain. they will gain market share. they will get people exciteded about it and they'll start saying don't forget, basketball just ended but baseball is starting. you should do baseball. >> reporter: the event's main sponsor quicken loans is getting to you fill out these forms on your home status and current mortgage rate. again, that's 15 million people. can you say -- quicken loans says it's only looking to aggregate info to learn more about consumer trends and yahoo! has not responded to our interview request. one thing is clear, while these companies have a rock solid guarantee of collecting crucial data, we'll all be home calculating our odds of winning the big prize and survey says -- >> not so good. >> now, all hope is not lost entirely. quicken will be paying $100,000 each to the 20 most imperfect -- or the

ultimately yahoo! the college fantasy sports during march madness. from there they will work their way down to less coveted media areas. >> yahoo!s that to do this. the question is whether their content, whether their service to the consumers is good enough that users are going to put up with this. they need the data. if they want to be a repository for information that people click on every once in a while, they have to have this rich data to know when people are locking in and what they are looking at. without it -- >> then the question becomes do they have good enough con toent become a service layer, to become an app layer where we're are going to do more and more things on yahoo!s a opposed to being a front page on a news source. wants to be a facebook. >> to transition people to mobile you need the login information. >> she's rich in them and brought in new people like david pogg and katie couric. richening up the content. rebooted a lot of the interfaces. now is the time to lock in the users and

yahoo! owns 24% and softbank owns 30%. here is another possible ipo.my choo, the luxury shoemaker. there has been talk about a possible ip -- ipo. the shoe unit could be as high as one point $7 billion. those are expensive shoes. the ipo would be to pay for expansion in asia where sales are rising. some high heels to high tops, march madness is here. making the ultimate ncaa bracket. that is coming up in sports. number oneweekend's box office last week. we've got the numbers for you coming up. ♪ >> it's 26 minutes after the hour, which means bloomberg tv is on the markets. let's gave caught up on today's action. all are up after a huge selloff on friday. we got some better than expected numbers out on factory industrial production. earlier this morning, factory production rose in the u.s. by the most in six months, a 10th of one percent. 0.8 of one percent. and falling concerns that the u.s. will really push control of the website main system. the announcement doesn't affect the company's operation in.com and.net registries. dot com and dot net registr

the report comes from google and yahoo!ust as president obama proposes a major overhaul of nsa surveillance policies. he wants to end both a phone data collection and require companies to search their records and report results to nsa anti-terrorism programs. phil mattingly joining us now from washington. first of all, break it down for us, what exactly the president is proposing. >> what the white house laid out today is they want to end bulk collection, however they want federal law enforcement to have access to the same kind of data. what does that mean yeah? it means the nsa will not be collecting that bulk data. the phone companies will keep it, which is what they are required to do now. the federal government would have to get an update from the court before they could look at the data. this is being lauded by privacy advocates as a major step forward compared to where we work. however, some concerns have already been raised. the general counsel for verizon has already released a statement saying putting this all on t

. >>> yahoo!'s stock jumped 4% yesterday. thanks to china's hottest internet company. yahoo! owns 34% of ali baba. ali baba has been good for ma reeceia meyer. the to be has doubled but most was driven by ali baba. another round of recalls for gm. this is in addition to last month's recalls 1.6 million small cars with theics in addition switch. the new recall involves 1.5 million additional vehicles mostly suvs. gm says it will spend about $300 million to repair all of the recalled vehicles. ceo mary barra said the auto giant is undergoing an intense review. >>> and good news for people who want to get rid of old video games. on wednesday, march 25th, walmart will begin collecting old video games and reselling them. but you won't get cash. you'll get credit to buy something in the stores or on their website. >> thanks so much, jill. >>> coming up on the "morning news," california quake. a series of quakes and rattling nerves. you are watching the "cbs morning news." some not so giant. when managing your weight, bigger is always better. ♪ ho ho ho ♪ green giant dear armpit...

stuart: yahoo! owns 24%. a solid reaction to the upside. 3%. nicole: yahoo!ooking good. 24% stake. it could be the largest public offering in history. can you show me that one? >> we are talking about this $500 million ipo. the stock is up 6.3%. >> which one would you buy? >> i buy what i know. that is -- i understand, sandra. >> will they come to the new york stock exchange? it has not been confirmed. >> i would not want to be in charge of that. >> i think it was buried by the news. they are giving up oversight of the internet. why would we just give up control of it? why would we do that? i believe they will pose an answer to my question. >> we have a contract that expires september 2015. the commerce department is looking ahead. what are we going to do? are we going to extend for another four years? there was no government control. the internet remains free and open. >> as you remember, we wanted to take over part of the internet. i personally trust the commerce department a lot more. stuart: it worries me. it really does. mary, stay there please. we have

for example, yahoo! was a bank of america merrill lynch note out and this, they think that yahoo! could bout perform. don't forget as everybody how this alibaba ipo could help yahoo! going forward because they have a large stake in alibaba. facebook, there were talks today they are reportedly interested in buying a solar drone company, titan aerospace. and so we'll see whether or not this comes to fruition. this is about now, expanding internet to underdeveloped nation that is don't have that. that really has been the premise of facebook and one of their goals. there is microsoft. we have a new ceo there. satya nadella and shifting things around. that was up 63 cents. david: stuart varney's stock, microsoft. i always think of stuart because of his holding in that. thanks very much, nicole, appreciate it. sandra: big oil stocks are up today with the broader stock market but crude oil falling from a five-month high on speculation that tension between ukraine and russia won't actually disrupt supplies. davi