we begin with mark zuckerberg and facebook. if you have a facebook account, you've probably reconnected with an old pal, shared photos with your family, and gotten advice from your friends on what to buy and what to read. but facebook has bigger plans. it wants to turn the entire web into one big social network. lesley stahl first talked with mark zuckerberg in 2008, and three years later, we sat down with mark again. he gave us a preview of his site's new profile page, a change that would affect the 500 million people who were then using facebook, an idea that zuckerberg had cooked up in his dorm room at harvard. >> when you first thought about this--19 years old--is this what you had in mind? did you see this far into the future, or is it way beyond what you dreamed? >> well, it's funny. i mean, when i was getting started, you know, with my roommates in college, you never think that you could build this company or anything like that, right? because, i mean--it just--and we were college students, right? >> yeah. >> i mean, we

zuckerberg more than $22 billion. andrew, it's interesting to think that some analysts would be listing itself at a value of about $10 billion. it's come in at $5 billion. it's hard to know if that's disappointing or not. >> i know. what i've been reading and there's been so much written so far, there's been a huge amount of interest. but there is a lot of vested interest in all of this. so, maybe that $5 billion could go a little bit higher than the $5 billion number we're hearing at the moment. there's been so much written about this. one of the interesting things i saw and you probably saw it, as well, was the actual letter written by mark zuckerberg, the company of the ipo. it's outlining why they're doing the ipo. and it's insight into zuckerberg's thinking. it's equal part al truism and pragmatism. he sate it was built to establish a social mission, to make the world more open and connected. he wrote the first version of facebook because, simply, it was something i wanted to exist. there's really an all truistic

within 20 minutes 44,000 people "liked" the photo that zuckerberg posted and zuckerberg's facebook pagemark zuckerberg, congrats." "i can't wait to see what you do and accomplish in the next eight years." zuck, as he's called here at headquarters, is focused on running the business. he controls 57% of class b voting shares qualifying facebook as a controlled company which exempts it from rules mandating a majority of independent board members and compensation committee. the s1 acknowledges that there are risks associated with being a controlled company. this could look less attractive to certain investors or harm its trading price. on a $100 billion valuation, zuckerberg could be worth as much as $28 billion but zuckerberg is putting his money where his mouth is. he took a half a million dollars in salary in 2011 and at his request he'll get $1 in salary in 2013. the question now is, whether investors will bet on his vision. he in s1 says that profits are secondary to products. "we don't build services to make money. we make money to build better services." zuckerberg believes connectin

not only does zuckerberg was people to relate to one another.hey want to relate how people connect to businesses and the economy. this is a key thing about the facebook future. it's the rolls that brands play and using facebook as a way to correct with brands through their brand pages and through advertising. he talks about having a more open and connected world. and the power of people sharing. i'm going to continue to dig through this. we'll be back with more. >> i think it's an interesting comment in that letter from zuckerberg you mentioned. simply put, we don't build services to make money. we make money to build better services. kayla, what do you have? >> well, maria, one of the most interesting parts of these s1 filings is kmektive compensation. we thought he was making a salary of $1. we find in 2011 his base salary was $500,000. some other figures that might be points of interesting with net income for 2011 was $1 billion. that's up 65% year over year. for just the fourth quarter net income was $302 million which was up 32% for the qua

and mark zuckerberg is one of the greats.e's one of those entrepreneurs that come around every once a generation. >> i guess the cutting edge concern would be how you term growth from what you're saying it would be user from an investor it might arguably be profits. those two things can be very different. >> oh, absolutely. it's unprecedented. facebook is growing to a billion users and more. the profits of the company are pretty incredible. it's also inspired a whole generation of entrepreneurs to build on top of this social platform. you look at zynga at 12% of the revenues of facebook, it's quite incredible. there's a whole ecosystem built up in companies that are tapping into social, into mobile and spreading around the world. >> greg, you approach this from a very different perspective. iac's stock is up 60% this year alone. you are very much about execution. and execution arguably in a different way than we will get from zuckerberg, i think. >> well, you know, i don't know that it's different. i think, you know, facebook

. >>> as for facebook ceo mark zuckerberg his salary will fall to $1 a year. do not sweat his income level there. according to his ipo filing, zuckerberg took home about $1.5 million this year in salary, bonus and compensation, but that is nothing compared to his stock holdings. zuckerberg owns more than 28% of the company which if you total all of thaall up will be worth about $100 billion. how about this? one of those twins tweeted we're excited for the facebook ipo and wish the company and all involved the very best. an amazing accomplishment. cameron and his brother, you may recall, claim to have come up with the original idea for facebook and they sued for greater compensation. >> i'm sure those two are doing just fine. >> i'm sure they are. >> so all of the clouds burned off and it turned out to be a nice day. >> it really is, and we are climbing in temperature. already in the 60s and here in san jose. 60 in santa rosa, holding on to the mid-50s in oakland and san francisco and you, too, will touch on the 60s before the day is done. we'll see sunshine to

i've heard zuckerberg will be convening employees to talk about this news. i want to point out some of the i thinks that mark zuckerberg noted in his letter. he wantings to make it clear he has a mission beyond just making money and having a good business. here's one quote. simply put we don't build services to make money. we make money to build better services. he goes into quite a lot of detail in his letter talking about how important it is that anyone who invests in facebook understands what his mission is. he really considered this a social mission saying that he's inspired by technologies but he does have a social mission here. it's not just about making money. we'll have to see what shareholders think about that. ad revenue which is of course this company's bread and butter. though it is strong and they have the 2.7 billion engagement in the number of likes and comments every day. revenue and ad growth did slow. there is 145% growth. but between 2010 and 2011 that slowed to 69%. >> thank you. actually julia. looking through the zuckerberg letter in th

the site's public offering on the stock market is going to make zuckerberg a billionaire it will alsoick him with a tack bill that could reach as high as two billion dollars because he wants to significantly increase his ownership in the company. facebook says zuckerberg will likely sell enough of his shares to cover the tax bill. >> nice to be in that position. >> exactly. >>> meteorologist mike nicco here. we had rain this morning is it just about out of here? >> steady rain, but still showers will continue by tonight it is completely gone. i'll show you how much rain fell in the a second. the flurries in tahoe not much of a snow maker the most is a half inch to an inch as we expected just not helping the situation out much if at all. a few people on the ski lift there, still good powder to be snowed on skied on. here we are looking at clouds not as thick as they were this morning starting to thin out. emeryville towards san francisco fairly quiet now. as far as rain totals, about 2/3 of an inch in santa rosa quarter of an inch in san francisco and oakland nearly a 10th of an inch i

. >>> facebook founder mark zuckerberg's decision to go public could cost him big time.e site's public offering on the stock market is going to make zuckerberg a billionaire it will also stick him with a tack bill that could reach as high as two billion dollars because he wants to significantly increase his ownership in the company. facebook says zuckerberg will likely sell enough of his shares to cover the tax bill. >> nice to be in that position. >> exactly. >>> meteorologist mike nicco here. we had rain this morning is it just about out of here? >> steady rain, but still showers will continue by tonight it is completely gone. i'll show you how much rain fell in the a second. the flurries in tahoe not much of a snow maker the most is a half inch to an inch as we expected just not helping the situation out much if at all. a few people on the ski lift there, still good powder to be snowed on skied on. here we are looking at clouds not as thick as they were this morning starting to thin out. emeryville towards san francisco fairly quiet now. as far as rain totals, about 2

but money isn't everything to zuckerberg. in today's filing he wrote, "we don't build services to make money. we make money to build better services." >>> the state public utilities commission granted pg&e customers the right to opt out of having a smart meter, but you have to pay for the privilege. to cover the cost of the analog meter you have now and for someone to read it, you have to pay a $75 fee plus an extra $10 a month. low income customers would pay less. the smart meters have drawn fire from people who have questioned their accuracy and others concerned about privacy and health. one activist issued a statement saying opting outdoes absolutely nothing to address the problem of being exposed to the continuous pulsing of neighboring smart meters 24/7. the pg and e says the smart radios emit an amount well in the the safety standard. >>> a spokesman says a small amount of radio active gas could have escaped from san onofre. they say the leak could be in one of the steam generator tubes that carries water heated by the

it will make mark zuckerberg a bill yiin yair. -- billionaire. steve diamond is a securities law professor he does now have to answer to a wider audience in a sense. and so i noticed he did switch off the hoody for a tie when meeting with the president. so when he ends up at some point before congress or antitrust issue or other concerns, you know it will be interesting to see whether he's ready for that. >> however he dresses zuckerberg laid out a few tour for facebook and users. the ipo filing he said quote the scale of the technology and infrastructure that must be built is unprecedented. we hope to strengthen how people relate to each other and connect owe to businesses and the economy. and to change how people relate to their governments. with the global reach and high visibility, the company will have to tackle thorny issues head on. scott sellers has been through an ipo. >> and they haven't been basic and more direct manner. privacy is a major issue for them. and occasional oops, we messed up is going to be held in different standards now.

and mark zuckerberg. how much is the ceo worth? he has some 28% of facebook stock, which, at $100 billion valuation, would make zuckerberg worth about $28 million. >> nice piece of change. thank you very much, scott. >>> let's turn things over to gene ellie who joins us from menlo park. where i understand realtors have been ringing off the hook because they're seeing a halo effect already. >> reporter: real estate agents say homes are selling after multiple offers. the facebook ipo will give employees lots of buying power. and that competition is expected to drive prices higher. the real estate market in menlo park is already hot. this two-bedroom, two-bathroom bungalow, is about to close over the $1 million asking price. this neighbor is a renter. he worries that the ipo employees that are about to hit this jackpot will make it impossible to wiggle into. >> it's murder because we can't afford to buy. and it's driving up the prices. >> reporter: bidding wars are back. and it's not just in menlo park. >> we've sold homes throughout

but money isn't everything to zuckerberg.today's filing he wrote, "we don't build services to make money. we make money to build better services." >>> the state public utilities commission granted pg&e customers the right to opt out of having a smart meter, but you have to pay for theivilege. to cover the cost of the analog meter you have now and for someone to read it, you have to pay a $75 fee plus an extra $10 a month. low income customers would pay less. the smart meters have drawn fire from people who have questioned their accuracy and others concerned about privacy and health. one activist issued a statement saying opting outdoes absolutely nothing to address the problem of being exposed to the continuous pulsing of neighboring smart meters 24/7. the pg and e says the smart radios emit an amount well in the the safety standard. >>> a spokesman says a small amount of radio active gas could have escaped from san onofre. they say the leak could be in one of the steam generator tubes that carries water heated by the reactor

zuckerberg has done things in an unconventional way.nk you're suggestion was to write a check for twitter right now. >> yes, $7 billion to valuation. own social media. you need mobile, you need social, you need cloud. they can dominate social -- >> do you think there would be an antitrust concern if they were to make a bid for twitter? >> antitrust has gotten very tough. but i think they'll be able to say, there's a gazillion sites out there and we are taking one of them. >>> there's a lot more "squawk on the street" still ahead. >> really, jack? there's a problem with the computer system where it confuses 6 and 60? >> i don't like your tone. >> cramer would never confuse "six in 60." that's why we love him. six stocks in 60 seconds. don't make a mistake by missing it. >> we all make mistakes. >> we'll be right back. 20 pages. boom! the other office devices? they don't get me. they're all like, "hey, brother, doesn't it bother you that no one notices you?" and i'm like, "doesn't it bother you you're not reliable?" and they say, "shut up

billion dollar tax bill.industry experts say they've never seen one that high.it could happen when zuckerbergrcises his stock options.right now, he owns nearly 414 million shares and can buy 120 million more at a six cents a share.in its filing last week, facebook valued its shares at nearly 30 dollars each.for business brief, i'm edgar treiguts. -----end-----cnn.script----- coming up... a close call for one texas wooan... who narrowly escaped from a burning car.what she was doing... minutes before the car went up in flames. flames. 3 3

the surprise of mark zuckerberg's salary. and dropping all charges against four former police officers but here is are who on why they are not off the hook yet. >> we will tell you more about the morning commute and bay area weather. . >>> in a week long assault they have killed hundreds. reportedly tanks surrounded the city and has killed many women and children. they are now considering a joint mission to send object surfers back into syria. they say it was concerned about security. >>> and about the former president bush and president barack obama, some have reengaged in hostile activity. the report calls for restrictions on further prisoner restrictions to remain in place. >>> investigators are checking out the escape of a death row inmate. they searched the area and the property had belonged to killer westerly sherman time. after that, somebody committed suicide and he said heel reveal where some of his victims were buried. it included the nine-year-old kidnapped in 1988. the search turned up nothing last december but in

mark zuckerberg and company are seeking $5 billion in an initial ipo.tween $75 billion and $100 billion. i really wish i had done some wall murals for them in the early days of their offices and gotten paid in stock options. i guess as someone who tracked the story from the beginning, are you surprised at where the company is now? >> i'm not surprised at how much it's worth. i mean, i think the numbers are phenomenal, but facebook is a monster. you know, it changed all of our lives in ways that we're still kind of reacting to. i think i knew it was coming at some point, and mark is now, you know, one of the richest people in the world, as he probably should be. >> do you think mark knew it was coming, from the beginning? >> you know, no. not at all. i think he never cared about money. he still doesn't really care about money. i think it was never about that. he wanted everyone in the world to be on facebook, but as like a major company worth billions of dollars, no, that was never kind of on the radar for mark. >> i want to open this up to the panel a l

mark zuckerberg. mr. zuckerberg and his company have become a remarkable american business success story. as part of that success, facebook is in the process of making its initial public offering of stock. the public documents that facebook is required to file as part of that offering tell another compelling story about one of our tax codes unjustified corporate loopholes. according to its filings, when facebook goes public, mr. zuckerberg plans to exercise options to purchase 120 million shares of stock for six cents a share. mr. zuckerberg's shares obviously are going to be worth a great deal more than six cents each or a total of about $7 million. it will apparently be worth in the neighborhood of $5 billion. now here's where the tax loophole comes in. under current law, facebook can perfectly legally tell investors and the public and regulators that the stock options that he received cost the company a mere 6 cents a share. that's the expense shown on the company's books. but the company can also perf

zuckerberg's net worth? to more than $28 billion. not bad for a guy who took a salary of $500,000 last year. >> so he becomes a multibillionaire at least on paper. the day they go public, according to all the projections. >> reporter: yeah. so what else does zuckerberg get and what do you get? how's facebook going to change? well, he now has to answer once this goes through to a board of directors, to stockholders. if they say the company needs to run more ads, he has to listen. if they don't like the way he is running the company, he could be kicked out. not only that but employees who built this company from the ground up on promises of stock options will now be able to punch out many of them millionaires several times over. their talent goes out the door, as well. they don't come back. they look for the next big thing. so expect a lot of changes. we'll stay tuned on that. >> kind of like apple on steroids. thanks, ken of the. >>> well, a decision by a prominent woman's health foundation has sparked outrage from the bay area to cap

here he is with mark zuckerberg.he murals he spread over the offices of facebook in 2005, that made choe a very rich man, and splashed his face on the front of "the new york times," that outed him. how did you feel when you heard you might be worth an estimated $200 million? >> it's how did i feel about the rest of the world like that? which i hated. i was at home. and i was in bed. and i got a text message. and it was a woman i hadn't spoken to in five years. and she offered me oral sex every day for the rest of my life for $2 million. just out of the blue. i'm sitting there. and she's like, i will do this for you. i don't want a ring. i don't want to be married. just out of nowhere. i was like, what the hell's happening? >> reporter: the thing is, david, most people would be thrilled with $200 million. for you, it's causing you pain. >> i cannot buy my privacy back. every news, al-jazeera, every news organization in the world is beating down a door trying to get an interview. and i'm like, oh, my god. >> reporter:

. >> reporter: the filing indicates mark zuckerberg will control 57%. unclear mow much his shares will be worth, he could be worth as much as 25 to $30 billion. he and others will pitch the company to investors. >> to decide what price to offer the shares at and that will depend on the reaction they get on the road show. >> reporter: facebook's revenue grown from $777 in 2009 to 3.7 last year. 12% came from zinga. that is a key source of revenue. other risks include failing to keep users, any improper disclosure of information. >> reporter: here is a look at the employees leaving the menlo park campus. a few honks today. in the filing, mark zuckerberg included a letter where he pledges to stay true to its roots. maureen naylor, ktvu channel 2 news. >>> more details now on facebook. a majority of revenue is generated from advertisement. it created for 98% of its revenue in 2009. 95% in 2010 and 85% in 2011. the filing mentioned one new market, china. facebook says users are restricted from accessing it from china but the team is working with policy maker

. >>> ahead, does facebook ceo mark zuckerberg have too much power? why some are calling for serious changes at the social network. >>> judgment date controversial case involving marine. we are back in ea mar 2in we are back in 2. >>> the san francisco district attorney's office says it will not charge a woman arrested over the weekend for allegedly throwing a dog out of a third story window. police arrested 22-year-old danielle walker after getting a call that she had tossed a jack russell terrier out of a window. neighbors think it's the same dog discould have around a scaffolding outside the apartment building a few weeks ago. at that time, they say animal care and control rescued the dog and return it had to the owner. >> that is just horrific. >>> hundreds of demonstrators joined a statewide demonstration against the so-called 1%. a new study shows how top ear r earners are holding back the working class. >> disproportionately some of us have suffered a lot, others of us continue the same. >> today's march in the silicon valley was part of a coor

mark zuckerberg will be worth about $28 billion.n though facebook will be publicly traded, zuckerberg will have final say in how the company is run. >>> bucker berg and his group will control more than half the company. when you think of a company going public, what you think about is generally the public can own a big part of it. in this case, this will be a publicly traded company, which means you can buy and sell stock at the stock exchange or through your broker. but it will be operated like a privately held company. >> facebook turned in a billion dollar profit last year. its initial stock price is expected to be about $53 a share. >>> coming up later, the warriors and the team from salt like city going up and now >>> a little peyton manning news, and what's up with the super bowl? give your loved ones what they really want! this valentine's day, the new color of love is... white! exclusively at verizon, get the white droid razr by motorola! thin. fast. smart. strong. more color. same droid razr. on america's fastest, most reli

he's like the perfect combination of shirley maclaine, eminem, and mark zuckerberg, all rolled up intone. we'll explain. but first -- >> lin, alley-oop. >> reporter: tonight, lin led the new york knicks into their seventh win in a row. if you're not familiar with the fairy tale, jeremy lin is the world's unlikeliest current nba star. unrecruited by big universities. undrafted out of college. cut by two teams this season. he's sleeping on his brother's couch in new york, before leading the knicks on a winning rampage. >> banks it in. wow. >> reporter: averaging more than 26 points a game. now, he's moved into a posh trump building. he's a devout christian. and also one of the first american-born asian players ever. and the first from harvard since the 1950s. an economics major, by the way. simply put, this has never happened. not to mention, this, the absolute mania over his success. >> lin-sanity. >> reporter: courtside seats for the knicks can now run you over two grand. official t-shirts and jerseys are completely sold out. and he has hundreds of thousands of twitter followers in jus

remains with mark zuckerberg. whose rise to a ceo was highlighted in the movie the social network. unclear how much the shares will be worth, mark zuckerberg could be worth as much as 25- $30 billion. but past ipos have shown success is not guaranteed. >> there is concern the market lost its taste for social networks and the money that was there for facebook may not be there no longer. >> reporter: that stock market debut will happen in 3-4 months and facebook would like to list under fb. we will pour through all these documents and we will have more on what we are finding, including the importance of zinga to facebook. maureen naylor, ktvu channel 2 news. >> good news for california lawmakers as say the work on next year's budget. the state could take in hundreds of millions of dollars from capital gains taxes. leaders issued a statement saying california should make sure the california funds schools and pays down the debt. >>> the nys&nasdaq are in a face-off against facebook. there are a lot of questions facebook will use for its ticker symbol. the company reserved the letters f

now, mark zuckerberg's going to have to answer to hedge fund managers. and he'll have to answer to people who are investors in his company. it will be interesting to see how the company might have to change and how things might have to change for us. >> that's the downside, right? it's a cultural change for them. >> it is. along with the filings, mark zuckerberg wrote a letter attached to the filings. talking about the engineering, the hacker way at this company. it is really a singular kind of culture there. and a lot of tech companies have this issue. and they become public. and say don't change us. this is what has worked for us. something so interesting about the letter with zuckerberg put with the ipo filing. we often talk about inventions like the printing press and the television. today, our society has reached another tipping point. ooh, the printing press and the television. so, facebook has changed the world. it has. it had a $1 billion profit last year. how is he going to drive that company so match that kind of language? >> that's 845 million

now, sue, the s-1 document will also reveal how much mark zuckerberg will probably be worth when this company starts trading. webbush securities estimates he's on about 25% of the company which could be worth up to about $25 billion. >> not bad. not bad as all. >> not bad. not bad. >> what would a facebook ipo mean eventually for the hundreds of companies that really rely and use that particular platform? >> well, sue, it seems like it could really be a good thing for companies like zynga, whose social games run on the service as well as music companies like spotify which gets a lot of play for its music service on the platd form. wedbush analyst tells me he thinks the next big thing for facebook will be revenue from e-commer e-commerce. facebook takes about 30% estimate cut on e-commerce revenues everything from virtual goods for social games line zynga to revenue for music and movies. it would be in facebook's best interest to help the company grow that business and sell more. now, the ipo will give facebook plenty of cash. so it could buy some of those companies that do have servic

zuckerberg will pay a high tax rate at that time beginning.aw with romney this luc will not be taxed at that low capital gain. of course, you know, year over year he will diversify and multibillionaire. he's also said he's going to give away a lot of his wealth. so -- probably get the charitable deductions at some point. what's a couple billion here and there for mark zuckerberg. >> you can let me know if you ever find out. good to see you. >>> america's super spaert about to begin. hangover will be felt at work tomorrow. recent study finds 8% increase in work sick days after an event like the super bowl. 11% of workers go in late. >>> super bowl xlvi. five hours away now. 67,000 or so fans will be packing lucas oil stadium in downtown indianapolis for the second super bowl showdown between the new england patriots and the new york giants. it is the seventh super bowl appearance for the new england patriots. the fifth for the new york giants. and of the 32 nfl teams, only four teams have never made it to the super bowl. those being the clevela

zuckerberg can appoint who ever the hell he want to and say to them go fly a kite. >> cheryl stamburgthe one that is running the company. she's's woman. does she have to put it on the board to make it fair? >> no. she is one of the best. facebook proves that. it is shameful to me that tech companies. it is like tech geeks put up a sign and said no chicks allowed. i am for shareholder value. but the only people who are qualified are white males to be on the board, i have to disagree with that. this is the year 20111. i am not for forcing women in but opening up opportunities that are not there on silicon valley. >> we are presume thag he discriminating to begin with. >> yeah. >> but christian, at the same time do you think that the board if they made that move would it be a good public relations move? >> it would. 60 percent of the facebook users are women. it makes sense to have female representation on the woored and suggest that there are no qualified woman is a farce. >> no one said that. >> this is a private choice. why does he have to do this? >> he doesn't have to do anything. >

first off, we know mark zuckerberg owns 28% of the company.t means he could be worth more than $28 billion if facebook reaches a market cap of00 billion. facebook started eight years ago but a 19-year-old zuckerberg. the start up and ceo are ou all gronz up but the journey is far from over. we've been digging through the f 1 filing for details and we know there are 845 million users world wide and facebook's revenue surged 88% in 2011 and profit on a steady march up to $1 billion last year, becoming profitable in 2009. business is strong, as far as risk factors facebook cites google plus and media coverage mentioning the google site about 18 times, putting those factors aside a big part is tied to that little button that says like, a way to tell the world your preferences. the more you like, the more powerful facebook becomes. right now, ads are a big, the biggest part of the facebook future, hope is that the company will become less dependent on them. >> their hope, the hope of the enthusiastic investors is that in the future there is going t

before we jump to to the cynical side and point fingers at zuckerberg and facebook, we are on the cusp of something different here. social networking-- and facebook is the flagship of that-- has changed our world and that's really where it's positioning itself-- and zuckerberg is very explicit about this-- in the center, change the way we communicate with each other are changing the way we communicate with our governments, and doing it in the hackerrish way, hacker not in the break-in sense but the best sense like i wrote in a book 27 years ago. and i think there's something to that. it has changed it. and before we start pointing fingers and saying, "oh, my god, you've turned your back on that. you're violating our privacy," it is something that could be of benefit to people there. i think on the i.p.o., at least, we shouldn't stomp on them. >> brown: we'll watch what happens how this takes place over the next few months. steven levy, nate elliott, thanks so much. >> ifill: finally, big questions about a big fossil find. that's the subject of tonight's "nova." it focuses on an unexpec

some followers say zuckerberg is just following in their footsteps. facebook is famous for his hackathons back to his first employee hired as depicted in the film "the social network". as for other tech news, problem sony has gotten a lot worse. this morning sony more than doubled a forecast of its annual loss for the fiscal year and will be the fourth consecutive annual loss from sony, worst run of luck the company has seen. and aol's huffington post says it plans to create live programming that will be seen on the huffington post and aol web sites and on televisions via sony play station and devices from roku. the network will feature news and comment teary based on content from its companion web site. stocks, little change. dow couldn't seem to pull through. bloomberg index didn't do much either, closing flat today. at bloomberg studios in san francisco, i'm emily chang with bloomberg west. >> just a gorgeous day around san francisco. and other parts as well. you're looking live at the beach now. this is just an example of a new city showing how su

that's because zuckerberg wants to buy 120 million shares of the company at only 6 cents per share. so he will have to pay the difference between that price and what the stock is actually worth. >>> and buying a big appliance often involves delivery and installation something that consumers pay extra for. on the consumerwatch, julie watts explains how one customer got a lot more than he bargained for. >> reporter: when shawn brought a new microwave at home depot he figured why not pay an extra $100 for delivery and installation? >> i'm a cook not a handyman. i'm going to go ahead and let them do it. >> reporter: when the technicians arrived with his microwave he almost immediately began to regret that decision. >> when they unbolted the old oven it dropped on the range. >> reporter: he says that damaged his stove, dented his refrigerator and he says the destruction didn't stop there. >> as they were take the old oven out, they accidentally dropped it on the laminate floor and dented it. >> reporter: the cabinet was partially ripped from the wall when a technician used it to pull him

one of that firm's founders said there will be more pressure on mark zuckerberg. >> you have to be more accountable, more transparent. you have to make sure the share price stays robust. >> keeping shareholders happy will not be the only challenge for mark zuckerberg. facebook users are facing more advertising and staying friends with them has become a lot harder. >> how significant is facebook's big move? i am joined by a media reporter for "the new york times." let us pick up with this idea of advertisements on facebook. the have to tread a fine line. a lot of users are not going to like that. >> this type of advertising is a whole new universe that is just beginning to be figured out. one of the reasons the facebook ipo is so interesting to so many people is that this is a universe that is not entirely clear yet. the value is not entirely clear. advertising is the key. facebook has so much personal data. every time you like something on facebook or post a picture or comment on a friend's wall, you're giving facebook more data for their advertising. the have only begun to figure out h