within yahoo!what is the strategy for growing the business now you are within this bigger company? >> we have a novel ad platform. it's all about wide-open creative expression. it's trying to get the most creative parts of the industry, to give them a space, a digital space where they can tell those same stories. where they can inspire us to become customers of these brands. get us to aspire to drive the beamer. or drink the coke. yahoo! is building more and more content on top of tumblr. there are digital magazines you have heard of, yahoo! food, yahoo! tech and travel, those are built on tumblr. we launched the ability to take that advertising we're developing for the tumblr network, where you come to get the reach demographics and engagement of the tumblr network. you take that same content and roll it out to the full reach of the yahoo! network. >> i want to ask you about the "competition." i know there is not necessarily direct publication. what do you think of what they are doing? >> they hav

since yahoo! has a whole bunch of cash, wouldn't that be an interesting tie. >> right on. >> and i think yahoo! is worth owning. first of all, you have to have a view in alli baba. we bottomed out around 84 1/2 or so. this is basically where we just bottomed out in alley about a about a a couple days ago. so 48 1/2, i think you're long yahoo!. more bang for your bug. and you're getting yahoo! core business for effectively free. so there is leverage in this and everybody made fun of me about the leverage. i'm going to stay with the leverage. >> not leverage. >> it's not the wrong way to pronounce it. but everybody wrote he's guys off yahoo! when the stock was trading 18, 19 bucks. same way they're writing them off now. >> let's bring in collin gillis for more. do you agree with guy who is adamant about the leverage in the yahoo! models? >> absolutely there is a to have been leverage in there. now, here is the thing with yahoo!. the core business is clearly turning around. we're still seeing flat to

we are so excited about today. >> reporter: yahoo's ceo marissa meyer said when she first joined yahoo in 2012 the mobile business there was a hobby, not a job. these days meyer is working hard to change course. that's why today, she hosted yahoo's first ever mobile developer conference. where the company announced a sweep of products for developers and touted yahoo's mobile success. >> this reinvention of our products for the mobile space is we're having the achievement i'm most proud of as my ten years at ceo. investment paid off. tremendous growth in terms of users, revenue and time spent. not only have we seen the growth but outpacing of the historical rate. which, by the way, wasn't that hard. we have actually outpaced the industry rate. >> reporter: meyer said yahoo generated more than $1 million in mobile ad revenue last year making the company the third largest ad company in the world. still. meyer has a lot more work to do. this year actors yahoo ad revenues account for 4% of the overall market. . compared to 35% for google and nearly 20% for facebook. the challenge had is eve

>> reporter: well, yahoo!'utives have taken to the stage at the developer conference making the case they are now a mobile first company pointing out the mobile ad revenue, 1.2 billion last year from 0 to 1.2 billion, they add. if you keep momentum going, keep consumers happy, advertisers happy, and you got to wow the 1,000 developers in the audience right now. so yahoo introduced the yahoo mobile developer suite, a new set of services and tools for developers to help them better understand their audience better monetize apps. look at yahoo's stock up 1 %, up double in the last 12 months. back to you. >> all right. another market flash with dom on the desk. >> watching colgate, volatility here, they anoujsed a 6 % increase, and a new $5 billion share repurchase program. you can see spiking and movement there in the company. they moved up sharply, and now moving down off the highs, susan. back to you. >> all right. get excited. in the house is a voice of american greed. >> thank you, susan. tonight is the 100th

we did do yahoo! whether and the yahoo! news digest.se one apple design awards back to back your on your. -- won apple design awards back to back. in terms of consumer perspective, absolutely. tumblr has been a significant hit. things like to medications have been incredibly important to us. mail. many of us would sit here and say, g e-mail, do people do that on their phones? we all do. including the emerging generation. they do a tremendous amount of e-mail. e-mail has continued to be a growth business for us on mobile. >> facebook gets 60% of their ad revenue from mobile. d.c. yourself getting to that number -- do you see your self getting to that number? >> i would love to. they have been pointing the way. if we step back and look at the industry, we would tell you that yahoo! is certainly top five, maybe top three mobile companies in the world at this stage. facebook is clearly the leader in terms of their innovation and growth right now. there is no opportunity for us to do the same. native advertising has been very, very big. sear

in q4 yahoo!'s mobile ad revenues did jump 23% to more than $200 million. still, yahoo! a ways to go before it's really thought of here as a true mobile ad leader. this year, yahoo!'s mobile ad revenues will account for just 4% of the overall market. you compare that to 35% for google, 17% for facebook, and yahoo!'s stock has struggled in the face of that competition. still up about 15% in the past 12 months, but down nearly 20% from that recent high in november. today meyer is expected to make some news about yahoo!'s mobile ad technology. remember, businesses are going to spend $28 billion this year on mobile ads, so the stakes are high and there is a lot of money on the line. guys, back to you. >> all right. thanks so much, josh lipton, out west, on an important day for yahoo!. when we come back, shares of marriott in the green after strong earnings today. the company's stock up about 2.5% as the company considers putting netflix, hulu and pandora in your hotel room. more on that and more with the ceo of marriott in a cnbc exclusive interview in a moment. "squawk alle

yahoo!yers. details on plans and we'll discuss if it might help yahoo!'s stock prices. you're watching cnbc, first in business worldwide. won't keep you up at night. know you have insights from top investment strategists to help set your mind at ease. know that planning for retirement can be the least of your worries. with the guidance of a pnc investments financial advisor, know you can get help staying on track for the future you've always wanted. >>> walmart is raising the minimum wage to $10 by next february. jeff cox crunching the numbers. he joins us at post 9. over arching question, is wage inflation taking place in america? >> the story isn't about whether walmart was paying the workers $9 or $10 an hour. what it's about is the missing link. it's all about wage inflation. the one thing we have not seen. while we've seen the unemployment rate come down and down and down we have not seen the wage rate rise proportionately. now what happened today is maybe a game changer. if other store

it was an online store builder and got bought by yahoo!. and it is yahoo!'s store. >> what was it like working at yahoo!? how long did you last there? the guy who was suspended every year. >> i was basically getting suspended from yahoo! too. i hereby apologize to the people i ever worked for. i barely lasted a year. >> you went on to write. >> yeah. >> and you started building your following. >> i suppose so. i didn't think i was building the following. >> what were you writing about? >> i was writing about software and i realized that no one would drag me away if i started writing about other things, too. >> at what point did you guys meet? >> we met at a party in paul's house in cambridge that i almost didn't attend. >> y combinator almost didn't exist. >> it's scary how close it was. >> how did you come up with the idea for y combinator? >> jessica was writing a book. >> that was the first book that i read when i moved to silicon valley. >> really? >> your book about founders. >> that's great. i never tire of hearing stories like that. it was hard to fin

you mentioned yahoo!. i don't know if yahoo! is going to do something with kik.t these level there's is not a real catalyst until april just to trade the stock. i think the risk-reward for yahoo! -- >> the one last is baba. >> right. >> it's the everything. that's the only reason i don't know in yahoo! right now whether i'm as confident as i used to be because baba is trading so poorly right now. >>> unusual activity. pete is taking a look at a huge trade in general electric, pete. >> it's not one of the names we bring up very often because quite frankly, it's so large. you don't usually see these huge trades come in to ge. they did today. 39,000 of the april 26 calls. the reason that is pretty interesting is the stock has been stuck between the 100 and 200-day moving averages. if it can get through that 200 day moving average which is around 2575, then the stock could be off to the races to break flew 26 level, the options could work. the options were very inexpensive, trading around 35 cents. someone thinks the stock is going higher. insider bought 20 million s

emily: how much phase do you have that yahoo!an be turned around and that marissa is the one to do it? max levchin: i have lots of faith in marissa ♪ emily: if you could master one skill that you haven't mastered yet, what would it be? max levchin: parenting. emily: what would you title your autobiography? max levchin: "drive." i am not sure that is a good title, but one of the things i keep on my back as i age, i always come back to where did it all begin. what is the one thing that makes me who i am? i am 100% sure it is drive. that i got from my grandmother. i remember thinking to myself, she is 5'1", that is the one thing i have to pick up from her -- the drive to succeed is unstoppable. emily: what did you do with your first big paycheck? max levchin: nothing. i remember the day i earned my first million dollars. i was in a shower. someone else's apartment. i just didn't have time to get my own apartment. i thought to myself, remember the day -- you are a twentysomething millionaire. you should probably go out and do somethi

emily: how much faith do you still have that yahoo! be turned around and that marissa is the person to do it? max: i have lots of faith in marissa. she has the drive. she is probably, pretty certainly a harder working person than i am. emily: there are obviously not enough women in high places, especially in technology. as someone who likes to solve problems, how can that problem be solved? max: i am going to solve it personally for one woman by making sure that my daughter is as technologically and nerd-enabled as possible. it has to start really early. the problem is that you can't just slam dunk, everybody hire more girls. you have to begin when they are babies. you have to make sure they are exposed to everything and anything they are told they can't do. in that sense, it is actually one weird thing that the soviet union got right. socialism. when i was going up, the idea of girls, boys, not being equivalently in election we equivalently intellectually gifted. it was not imported by the government. of course girls are smart, boys a

. >> i am guessing you do not think yahoo!, hp can be fixed? >> i would argue that hp and yahoo! are not really technology companies at all. they were technology companies in the 1970's and 1980's with hp, and in the 1990's with yahoo! these were technology companies, now they are against technology. >> even though they are not technology companies, can yahoo! and hp be fixed? >> there are things we can do to streamline them. it is a mistake for them to radically try to reinvent themselves and become technology companies once again. >> you mention marissa mayer, what do you think her chances are of turning things around? >> she is by far the best ceo it has had in a decade. she should not be evaluated on whether she invents something new. that is setting her up for failure. the existing businesses are big, and if you can improve those and make those work, that is fantastic. >> other than what you have written in this book, what are some things you believe that very few people agree with you on? >> an issue i have spoken about is this idea that college education has become somethi

it got bought by yahoo!. >> how long did you last at yahoo!? i was basically getting suspended from yahoo!. i barely asked in one year. what were you writing about? >> i wrote about software, then i realize that no one would come and drag me away fight started writing about other things. >> when did you meet? >> we met at a party at paul's house in cambridge, that i almost did not attend. >> how did you come up with the idea for y combinator? >> jessica was very interested. it is hard to find any information. i was fascinated by all the stories. then you give a talk at harvard. >> yes. basically about how to start a start up. i told them they should raise --ey from starting a, can because then they could get advice. that, because i i didn'ts thought -- a know how. i thought, i will do it. i will finally start doing some investing. it was not supposed to grow into this big thing. the best way to start startup that will take over the world is don't even try to start. just try to start a project. wasn't -- was like this. it was too tied to one pla

emily: how much faith do you still have that yahoo! be turned around? max: i have lots of faith in marissa. she has the drive. ♪ emily: if you could master one skill that you haven't mastered yet, what would it be? max: parenting. emily: what would you title your autobiography? max: "drive." emily: "drive"? max: i am not sure that is a good title, but the number one -- one of the, sort of, things i keep on coming back to as i age and try to be a better parent, i always come back to where did it all begin. what is the one thing that makes me who i am? and i am 100% sure that's drive. that i got from my grandmother. i remember vividly thinking to myself, my god, she is like a tank. and she is 5'1". and that is the one thing i have to pick up from her -- the drive to succeed is just unstoppable. emily: what did you do with your first big paycheck? max: nothing. i remember the day i earned my first million dollars. i was in a shower in palo alto. someone else's apartment that i was crashing in. i just didn't have time to get my own apartme

it was an online store builder and got bought by yahoo!. and it is yahoo!'s store. >> what was it like working at yahoo!? the guy who was suspended every year. >> i apologize to the people i ever worked for. i barely lasted a year. >> you went on to write. >> yeah. >> and you started building your following. what were you writing about? >> writing about software and i realized that no one would drag me away if i started writing about other things, too. >> what time did you guys meet? >> at a party in paul's house that i almost didn't attend. >> y combinator almost didn't exist. >> scary how close. >> how did you come up with the idea for y combinator? >> jessica was writing a book. >> that was the first book that i read when i moved to silicon valley. >> really? >> your book about founders. >> i never tire of hearing stories about that. i was fascinated by all the stories i heard from these guys. and you did the talk at harvard. >> became how to start a start-up. one of the things i told them was they should raise money from people who had gotten the money f

host: jon ward with yahoo! news is our guest talking about a lot of things -- he has recently written on how the obama administration hopes to capitalize on the economic recovery and other things as well. yahoo! news. how long has it been a new sur news service? guest: i have not said anything about my yahoo! news history. it has been a couple of years. i came over in september from the huffington post. before the huffington post, i was at the daily called. before that, at the washington times. we have news constantly updated throughout the day. as well as a team at journalists here in new york -- a d.c. and york. who are working on, i would not say investigator pieces, but enterprise pieces. hopefully things he could only find out yahoo! news. we are trying to leverage our experience and contacts. host: how are you accepted here in washington being part of a website? what is the acceptance level? guest: it has changed. certainly, there is no the area. for several years maybe even one decade, everything has bee

that's more than facebook and yahoo!bined. >> for more on alibaba, betty liu spoke with joe sigh. topic number one, mobile. >> this shift to mobile is obviously two sides to the coin. on the monetization rate, it has been trending up over the last few quarters. the one thing to remember about mobile is we have now 200 62 5 -- 265 million monthly active users. that is very good in spite of -- in light of the net ads. we believe, as long as you continue to attract users on mobile to buy things, to engage on your platform, at some point, monetization will follow. one thing i would like everyone to remember, in the fourth quarter, alibaba generated $1 billion u.s. in mobile revenue. this is a substantial number. >> on other developments speaking about mobile, yahoo! saw some good mobile revenue growth a day ago. marissa mayer has now spun out her alibaba shares into spin co. would you have any interest in buying all or part of spinco? >> we don't anticipate buying into an agreement with yahoo! or spinco. this is their right

therefore back to yahoo. yahoo has been punished. i think yahoo is a little more defensive.es are things people don't think can happen. yahoo is probably better. >> time to sell after today's pop? >> it's a huge pop here. it depends where you bought it, right? >> so guy adami. >> why not take some off the table? that being said, this could be the start of a new up trend. >> your first move tomorrow when we come right back. stay tuned. these days, the most important person in your business could be a software developer. so, how's the app coming? we've got to make something great. how's the app coming? we've got to do it fast. let's do this on bluemix. you can build apps with analytics, big data, even ibm watson. that could give us the edge. let's do this on bluemix. it can provide code for you. we could be first to market. because being best is priority one. being first is priority one. there's a new way to work and it's made with ibm. tdd# 1-800-345-2550 even on the go. tdd# 1-800-345-2550 open a schwab account, and you could earn tdd# 1-800-345-2550 300 commission-free onli

. >> coming up yahoo!'s ceo marissa mayer is on the hot seat and scheduled to speak at her company's first ever developer conference this afternoon. so what do investors want to hear? but first, we talk to a strategist from blackrock who's going old school. she tells us why she prefers mature tech companies. will the traders jump on board? some of them might be immature. i don't know. we're back after this. you, my friend are a master of diversification. who would have thought three cheese lasagna would go with chocolate cake and ceviche? the same guy who thought that small caps and bond funds would go with a merging markets. it's a masterpiece. thanks. clearly you are type e. you made it phil. welcome home. now what's our strategy with the fondue? diversifying your portfolio? e*trade gives you the tools and resources to get it right. are you type e*? on beautyrest and posturepedic. through sunday, save up to $300 even get three years interest-free financing on tempur-pedic. and of course, free same-day del

while alibaba is not actively involved in anything yahoo! is doing now the remains of yahoo!'potentially be something that alibaba gets involved with. >> thank you so much, leslie picker. as we continue to count on the open it seems like everyone wants a piece of radioshack. its stores are up for grabs. may be the charm. two big office supply chains may combine. we will be back. ♪ >> time for a quick look at global market. european stocks climb today. greece's government retreated from a plan. greek stocks shirts -- searched our markets in spain and italy saw some gains. a look at how commodities are trading. oil prices are showing a 12 year low. brent crude is poised for a bull market. up more than 3%. the bloomberg commodity index is showing gains. let's get back to bringing you the most important stories you need to know before the bell. matt miller and leslie picker joining us. we saw chrysler sales were up 14%. they reported. ford's light vehicle sales up 15.6%. that is more than what people expected. >> f1 50 sales up more than 16%. this new truck is so far working out v

we had a choice about having a new agreement with google or yahoo and went with yahoo. >> host: what is your backngladeshck background? >> guest: i got a doctorate and then worked at the federal trade commission and spent three years at a non-profit called free mess and then a little under two years at the u.s. department of state and then came to mozilla. >> host: what is your philosophy when it comes to the internet? there seems to be a consistency. >> guest: the thing that drives my career is the belief the internet is amazing and a big part is to be disruptive and hat to be a source of innovation to the consumer, market and economic growth. and i worked on a lot of issues like net neutrality and censorship and others things. >> host: what is your support of net neutrality? >> guest: absolutely. we have supported net neutrality way before i got here. we have engaged in the debate more in the past year but have been since 2007. we believe the internet needs strong rules to protect net neutrality for users and developers on the web. that needs to include non-discrimination, subject

host: jon ward with yahoo! news is our guest talking about a lot of things -- he has recently written on how the obama administration hopes to capitalize on the economic recovery and other things as well. yahoo! news. how long has it been a new sur news service? guest:

and so we chose to go with yahoo! how smart what is your >> host: what is your education? >> guest: i got a doctorate and i spent three years at a nonprofit in washington dc called free press, known probably too many years by the show. then spent a little under two years at the u.s. department of state working on internet freedom and then came to mozilla >> host: what is your philosophy when it comes to the internet? >> guest: you know, at the end of the day my original philosophy is the belief that the internet is an amazing place and that a big part of that is that you can have a boon to consumers, the value of the market, and i've worked on this as a touchstone. copyrights censorship and all of that as well. >> host: what is the mozilla position on net neutrality. >> guest: mozilla has been a staunch supporter of many net neutrality's for many years and we have weighed in on this back in 2009 and 2010 cycles and internet rules and we have engaged in debate much more in the past year in consideration of it. we belie

i think yahoo is the one to be in. i don't want to be in alibaba, i want yahoo. value underneath. i wouldn't mind holding it. joe in ohio joe? >> caller: jimmy, it's a great day in cramerica. love the show. thanks for taking my call. listen, early on in december, you had nike on your game plan. you liked it at $90. it hasn't quite got to that level just yet. i'm waiting, i'm waiting, i want to know. should i -- >> let's be price sensitive. underarmour reported. people aren't going crazy for it. there's a lot of craziness. i've got to wait for the conference call. kevin plank, of course tomorrow on "squawk," team player. but i do want to tell you that i think nike's worth a great deal. i like to be price sensitive, because in a market that's this volatile you get a chance. disney has become the great american growth story that everyone wants to keep. keep it! don't question that. there's much more "mad money" ahead including my exclusive with brunswick. the stock going to continue to splash in 2015. i've got the ceo. and then the chaos and crude in the case to spread your investmen

yahoo!'interim ceo says he would pay jon stewart $100 million to do a new version of "the daily show" and sell it to you. ross levinsohn makes that case next. ♪ opinions. there's no shortage in this world. who do you trust? whose analysis is accurate? how do you make sense of it all? a simple, unbiased stock score consolidated from the opinions of independent analysts... is that too much to ask? nope. equity summary score, powered by starmine, will help you execute your ideas with speed and conviction. and it's only on fidelity.com. open an account and find more of the expertise you need to be a better investor. what makes it an nx is whatt you can get out of it. introducing the first-ever lexus nx turbo and hybrid. once you go beyond utility, there's no going back. >>> it seems like elon musk has pushed the insane button on his spending ambitions and the growth ambitions. i kind of cringed whenever i hear these comparison to apple, especially from a share price perspective. >> those comments

yahoo!er, but i think google and facebook -- charles: although the alibaba thing saved them. yahoo! would be a $4 stock if it wasn't for alibaba. >> now, for me i like the way -- and most of wall street disagrees with me -- i love the way amazon invested and spent and used r&d to develop ideas and invest in new warehouses and amazon prime and understanding their customer whereas -- >> give it to you on prime, but they have got to find a way to monetize this thing. they've got a decade ahead of google and facebook, they've got to show some return on investment. charles: well, this last earnings report it seem like besos is finally bringing something to the bottom line. >> absolutely. the performance in the stock clearly reflects that. you know, just going back to google real quick, i think each of them are trying to find their own niche that they want to focus on. google, for example, wants to focus on robotics and home entertainment with nest. so i think each of them are trying to find their

yahoo!s morning confirms to abc news that his name is mohammed emwazi. the bbc and "the washington post" are reporting this morning that emwazi is a native of kuwait who grew up in a well to do family in west london currently in his mid-20s has a degree in computer programming and went to syria to join isis just three years ago. emwazi is seen in one horrifying execution video after another including those of at least three americans two britons and two japanese who were beheaded by isis. authorities have analyzed his facial and voice characteristics to determine his identity which had been kept secret until this morning as u.s. british intelligence agencies sought to track him and his relatives in hopes he could be captured or killed. this morning british officials declined to comment on the reports about emwazi but according to people we talked to involved in the search they have known who he is behind that mask for several months. >> they've known for several months. how does this affect

i'm with yahoo!. it sounds like you agree with director comey that we should be building defects into the encryption in our products so the u.s. government can decrypt -- >> that would be your charterization. >> i think bush schneider and all of the best public cryptographers in the world would agree that you can't just build back doos.r it's like drilling a hole in the windshield. >> i to world-class doc rivers at the agency. we agree we don't -- >> ok. we will agree to disagree on that. if we're going to build defects, backdoors our golden master key fothis government to think we should do so, we have but 1.3 billion users around the world should we do so for the chinese government, the russian government, the israeli government, a french government, which of those we give backdoors to speaks on that point, the way you frame the question, response be deeply we should build back doors for other countries? >> my position is i think that one this is technically feasible. it needs to be done with on a f

>> margaret with yahoo!.we are a company that provides -- we are trying to meet users' daily habits every day with weather, sports, finance e-mail. plus one, absolutely to the comments. the other thing you are starting to see a lot of on the privacy front is an issue that the companies around this table are dealing with everyday. if our users don't trust us they will not continue to use our service. we are always trying to ensure what we are doing is something the users will be comfortable with, understand, and be clear. one of the things that companies are doing is starting to not necessarily compete on privacy but i think people are starting , to see privacy as a way to differentiate their product and to talk to users about privacy more directly. one of the things that you are seeing a lot of contextual privacy notices and trying to make sure when you are on an app you are seeing what is happening on the app and not the yahoo! website. when you're interacting with an advertisement, you will see privacy noti

iron mountain yahoo! tech disney, it's called entertainment, utility att and apple is tech. yahoo! and apple we don't need both of those. we'll get rid of yahoo! and put in bristol myers and then we have what's necessary. debbie in florida. >> happy hump day there. >> i know. it is definitely hump day. >> am i diversified? apple, saba uncle carl iep iep iep iep dine equity and waste management. >> alibaba, that's consumer and tech from china, apple, let's make this consumer. it has nothing to do with apple. icon enterprises there. that's fine. you can see jack-in-the-box how great that was. how about texas roadhouse? how about equities similar waste management? we have food. we have one man's enterprise and i'm blessing that portfolio. johnny in maryland. >> hey, booyah jim, how are you doing? >> real good. how about you? >> caller: pretty good. i'm happy pitchers and catchers are reporting today. >> my mets are looking good. notice i said mets because i can't take my phillies. what's up? >> caller: here's my stocks. i got panera bread, ups, bank of america, royal dutch shell, and

head to yahoo!.n area in miami. called appliance world of miami. some injuries reported there on the scene and we'll have more details as we get them. >>> in the meantime, the supreme court is indicating it will side with a young muslim woman in her lawsuit against retailer abercrombie & fitch. the woman showed up for a job interview at a store wearing a black head scarf and filed a religious discrimination suit after she failed to get the job allegedly because she didn't fit in with the company's signature look. abercrombie says she never mentioned in the interview she wore it for religious reasons. >>> prince william is in japan embarking a week-long trip that will take him to china. the prince was greeted by students after arriving in rainy tokyo without kate who is due to give birth to their second child in april. it comes as the plaskon firmed that william has qualified to work as a pilot for an ambulance service after passing a grueling set of exams. >>> and finally, bulldogs are breaking new g

chamath: the typical thing that people would do, you go and talk to google, yahoo!ebay and ask how they expanded internationally. it was always the same answer. we take some really white mba and they go out on a package. i was like, eff that. so, we went and hired in brazil, only brazilians. prerequisite, they should not be able to speak english very well. we would do this and all these markets. for example, in russia, i thought about it. we didn't do this. i thought about it. you can buy a list from a russian hacking group with every single person's name in russia. and for a while, i was like wow. we should just buy this list of every single person's name and we will run google ads so that when they search for themselves, they see links to a fake profile. we didn't do it. i want to be clear. the point is you have to be able to figure out where is that line. emily: what are facebook's biggest challenges today? chamath: it is the challenge of any successful company. the internal inability to disrupt yourself. think about what happens in a company, not just facebook,

host: jon ward with yahoo!s is our guest talking about a lot of things -- he has recently written on how the obama administration hopes to capitalize on the economic recovery and other things as well. yahoo! news. how long has it been a new sur news service? guest: i have not said anything about my yahoo! news history. it has been a couple of years. i came over in september from the huffington post. before the huffington post, i was at the daily called. before that, at the washington times. we have news constantly updated throughout the day. as well as a team at journalists here in new york -- a d.c. and york. who are working on, i would not say investigator pieces, but enterprise pieces. hopefully things he could only find out yahoo! news. we are trying to leverage our experience and contacts. host: how are you accepted here in washington being part of a website? what is the acceptance level? guest: it has changed. certainly, there is no the area. for several years maybe even one decade, everything has been mo

yahoo 190. dupont 134, and -- gm has its own issues.y the kind of returns that ab activist would look at and go "mad money", maybe we should get involved in this company. >> i think in terms of yahoo it was heldz up by the chinese assets. i think the activists were tacking what do you do after alababa, and yahoo has been you should attack a number of teams. you can say dan lowe, put marissa in and he is an activist shareholder and took a man out. i think i more complicated than that premise that is attacking women. i think what's more important are two things. one is more diverse companies tend to do better with diversity throughout the entire organization. two, that what sheryl sandberg was talking about recently in a column is the perception of women leaders is more communal less aggressive less risk taking. . >> do you think avon -- that was andrea as well. do you think there's something to that? >> it's an interesting challenge. women are starting to rise to those levels of running these companies, and not all of them are going to b

chief executives 6 facebook, google and yahoo, there is concern of the u.s.ernment spying on their customers in the name of national security. rob reynolds reports. >> president barack obama came here to the scampus of stanford university the home of many technology break throughs to call for a new partnership between government and the technology industry in combatting cyber crime and data breaches. he noted that had 100 million accounts belonging to american individuals or business interests have been hacked in the past year. he also referred to the well well-known hack of sony pictures which the government here as linked to the government of north korea. with many companies in the tech field like google yahoo and facebook still outraged over what they see as the u.s. spy agency's penetration of their customer account a lot of the tech industry is we're of such a new partnership. obama, himself, referred to this saying that it's not an easy matter to arrange. >> grappling with how government protects the american people from adverse events while at the same

google yahoo! facebook.u why. >>> new developments today in the murder trial of former patriots player aaron hernandez. stay right here. asian debt that recognizes the shift in the global economy. you know, the kind that capitalizes on diversity across the credit spectrum and gets exposure to frontier and emerging markets. if you convert 4-quarter p/e of the s&p 500 its yield is doing a lot better... if you've had to become your own investment expert, maybe it's time for bny mellon a different kind of wealth manager ...and black swans are unpredictable. >> > i want to get to this key ruling today. former new england non-patriot player. the judge sided with prosecutors saying the prosecution absolutely can show this video of the nfl star who's taking apart his cell phone in the police parking lot a day after lloyd oden was killed. here's part of what he told thethe prosecutor told the judge. >> the driver's door is open. he then sits down and dismantles the phone. he breaks it down into three pieces. the phon

mark zuckerberg and yahoo marissa mayer and it is widely believed the executives turned down invitation because ongoing tensions between the obama administration and s develop over privacy marries. >> we have coverage of the visit of the president today with reporting new on twitter@abc7newsbayarea. >> a rare day of work at the port of oakland with long shoremen unloading containers today resuming a frustrating work stoppage that is keeping billions in merchandise trapped port side. here are the details. >>> labor disputes have been dragging on causing slow downs of the port and yesterday a shut down. today, though, they will be back open for when day. this is a look at the pork of oakland where this is movement and vessels are lined up ready to off load. the video is from long beach the busiest port in the country. year, 29 west coast ports from seattle to day oh shut down. there will be limited operations today and the welcome stoppage continues. the sand fill is part of a labor dispute between dock workers and employees with negotiations between the union and the pacific maritime ass

senior executives from google, yahoo and facebook were not there. a rift has opened between the president and tech firms over his proposed plan. >> there is only one way to defend america from these cyber threats. that is through government and industry working together, sharing hospital information as true partners. >> jason johnson, a regular contributor to al jazeera. he joins us from the u.s. city of atlanta. good to have you on the show again. tell me something to make this work, it's all about sharing isn't it? that's not something that private firms and government are really good at. is this going to work? >> no, it's hard to call it sharing when the president is asking you. he'll initially suggest and then bring policy to bear upon. this plan will not really work unless yahoo facebook and other search engines will agree but it won't work if technology companies like comcast and verizon work agree as well. >> the president was focusing on the information gathered by social media programs, for example, but there are wider threats that still ha