zuckerberg. she joins us live from portland. c caterina, thanks for joining us. >> thanks for having me, scott. >> what's your take on zuckerberg and where he's taken the company in the last few weeks. >> a purchase was vintage zuck move. you talk about visionary steve jobs, jeff bezos, mark zuckerberg, these are people willing to sacrifice short-term revenue for a big bold bat at future down the road. look at zuck's history beyond colleges and mainstream which people told him not to do, launching news feed, people thought it was suicide for facebook to do so. and it was one of the biggest moves they've made. and now the move that's responsible for, you know, bringing a lot of revenue as well. then purchase of instagram, right? becoming a platform. he had it in his little book of change that he carries with him to write down his notes for a while and people thought that was a crazy move. so if you look at the history of the past ten years and decisions zuckerberg actually made, that is a very bold move and it can pay off. it mig

mark zuckerberg is very bold. that has been the headline on his willingness to do this deal. very certain on where he wants to position this company. that leaves him confident enough to try to get these deals done quickly. in the case of facebook and what they're trying to do and their willingness to say, we can feel -- go beyond just facebook and have mobile communications dominant by owning different platforms, owning instagram. if you were to compare the strategy of what a microsoft may have been thinking, it's member that microsoft owns skype, which looks pretty reasonable in terms of what they paid versus this deal. there's a business where they got a consumer end to it, but there's a business aspect for microsoft. they are able to integrate that into some of their offerings. they already have a messaging app. i don't know how serious microsoft would have been. mark zuckerberg very serious about growing the mobile communication story of facebook. >> speaking of messaging apps, they have taken away 32 and a half million dollars away from the carriers already, but there ar

>> we all know the position of mark zuckerberg, emily. he seemed reluctant to bring advertising to that facebook platform. his reluctance to saturate facebook with ads and make people feel like that platform is less relevant. when they acquired instagram, he said, give instagram some time, let it breathe. a lot of people looking at the growth of the facebook business, in terms of dollars and cents, would say they are doing a pretty darn good job of finding ways to generate revenue. it should come as no surprise that they would despite paying $16 billion, they would say we are not embedded in a position where we need our new acquisition to be thinking about that. the key, and connecting with a billion people, whatsapp being on that road, seems to be the key indicator of that. >> jon erlichman, thank you so much for breaking it down. we have a special roundtable joining us to discuss the $16 billion. that is what facebook has agreed to pay whatsapp in cash and stock. gentlemen, thank you for rushing to the studio to join us on this news, wh

>> we all know the position of mark zuckerberg, emily. he seemed reluctant to bring advertising to that facebook platform. his reluctance to saturate facebook with ads and make people feel like that platform is less relevant. when they acquired instagram, he said, give instagram some time, let it breathe. a lot of people looking at the growth of the facebook business, in terms of dollars and cents, would say they are doing a pretty darn good job of finding ways to generate revenue. it should come as no surprise that they would despite paying $16 billion, they would say we are not embedded in a position where we need our new acquisition to be thinking about that. the key, and connecting with a billion people, whatsapp being on that road, seems to be the key indicator of that. >> jon erlichman, thank you so much for breaking it down. we have a special roundtable joining us to discuss the $16 billion. that is what facebook has agreed to pay whatsapp in cash and stock. gentlemen, thank you for rushing to the studio to join us on this news, wh

mark zuckerberg changed the world in just ten.at 1.23 billion people use monthly. 757 million, over 10% of the worlds uses facebook daily. that's all the more impressive consider that two-thirds of the world doesn't have access to the internet. zuckerberg effectively built the multibillion dollar social advertising business and successfully pivoted from alliance on the desktop to being a mobile first company. now he's taking on mobile messaging with a $16 billion acquisition of what's app. plus, zuckerberg has become a force in politics push for immigration reform because ford got u.s. organization and he and his wife donated nearly $1 billion last year making them the most generous americans. so, carl, can twitter's jack dorsey top that? >> i'm going to try. dorsey may not be as rich as zuckerberg but his legacy is just beginning. unlike zuckerberg who badly miscalculated mobile, dorsey saw mobile as the future from the beginning. that goes back to his earliest tweets about where he was physically in san francisco. dorsey knew th

mark zuckerberg takes the stage at the mobile world congress conference in barcelona. hear what he has to say about spending $19 billion to buy whatsapp. mike rogers chimes in on edward snowden and the nsa scandal. how the russians may have helped him more than we think. he will talk about the latest in the ukraine, coming up. samsung unveils its first verbal -- wearable devices, running software that is not google. two smart watches, and one fitness band. they also showed off the samsung galaxy s5. a look at what the new phone actually does. sam grobar got his hands on one. take a look. >> this is the new samsung galaxy s5. i want to show you five things that are new. the phone was announced today. for starters, it is a larger display. this is 5.1 inches. the old galaxy, only five inches. also, you have a fingerprint sensor on the bottom. sounds like the fingerprint sensors we have seen on other phones. on the back, there is a heart rate monitor. you put your finger here, and the phone will tell you whether you are about to have a cardiac episode or something. there i

mark zuckerberg cannot just stay with facebook.e is going to have to carry on doing this. >> if you think about facebook, facebook is controlled by mark uckerberg. follow up and try to -- such a big variation. >> an advantage? >> if you believe it is the right move and i think it makes sense as a move, it can be an advantage. it can move really fast. >> how does -- how does mark zuckerberg make the most of this business? >> if you look at facebook, it is mostly around photo sharing as well as messaging. that is how it was built. acquisition, it makes sense. you have a photo share b app on obile. you know messaging. so there is a real strategy to be aggressive. >> is this a better -- this is a much bigger acquisition. but is it a better acquisition than -- > it is difficult to tell. four, five years versus snap hat. certainly in the past 12-15 months have gone very fast in value in india and mexico. happen is chat is nowhere there. whatsapp is really an older player with a much bigger user base. snap chat is mostly teenagers. whatsa

zuckerberg talked about getting

zuckerberg on this? what is the why? >> the most interesting thing i have not heard talk about yet is the sheer aggressiveness that he continues to show. as a leader, as a determined leader to keep the service in front at all costs with a long- term vision that he is known for, that i have always talked about, i think this shows that he is willing to pay whatever it takes to keep on the cutting edge of what is going to be important down the road, and i think actually despite the shocking price that everyone reacted to when they first heard it, it actually begins to make more and more sense when you think about it. >> $11 billion in cash, no long- term debt, has full positive, $2 billion a year, $3 billion a year, cash flow positive. this is the critical thing, folks. i went to a net analysis, and my question to you, david -- >> people are looking to the future discounting the value. >> ego to the future, seven years arbitrarily, and you pull but that value, facebook and the others are not playing with the matthew and i a

on larry king now meet randi zuckerberg the former page book on venturing out on their own so important to get more young women into engineering and you're not going to do it by forcing them to take engineering or computer science in school you're going to do it by making attack cruel in pop culture all of us both love and are addicted to attack but also sometimes how it makes us want to refer her out of our head now the question is how do we have children using tack in productive ways you know that have destructive ways on her famous brother you make of the movie as someone related to the main character there were definitely a few moments where i thought gosh that's not real that's hollywood that's all next on larry king now. welcome to larry king now with a pledge of the have randi zuckerberg is our special guest you may recognize her thing was last name she's a member of the first family a place book above the mark of course founded the company she left facebook to two years ago to start zuckerberg media she's got two new books out dot complicated right here hold up the wrong one unt

mark zuckerberg has a huge amount of respect for this platform. we now have a better understanding of the roadmap that facebook has been working on. one of the distractions in this whole story was that we know facebook was interested in another hot service in snap chat. the storyline that emerged as we talked about that one was that facebook wants to stay relevant. chat are teams using snap and facebook wants to cater to that audience and not lose the younger people to other services. with this deal, you very much understand that facebook is stepping back and saying there are lots of people that will continue to use facebook and we made these huge efforts to shift in people using facebook on their computer to using it on their phones. as one part of the story and the other part is the reality that people will have different groups of people they want to communicate with in different ways. the communication on instagram is different than the communication on facebook and the way you are communicating on whatsapp is different. in all cases, you have

zuckerberg takes center stage at the industry's biggest fair. talk all things tech. ♪ swantee speaking to caroline hyde. we are live at the biggest -- at event. julie myers here. week, i sawup last the whatsapp facebook deal, i saw a lot of money. humans think, i wish i had got in on that early. pick the next whatsapp? there are so many opportunities out there. >> we get in early. we get in mvp. a company has to have a product that is the minimum viable product. that is very unusual, to get people that are willing to put institutional money into businesses at that stage. we are attracted to entrepreneurs that do what we refer to as system-level thinking. fedex as ad to the technology firm with trucks. atra met is building transportation business -- drones, drug delivery and creating networks. we like entrepreneurs that think how the industry should work, not just how do i make an incremental application. they think, how should the industry were, how to the profitability work for the ecosystem. that is where you get the game changes. we concluded

. >>> and facebook founder mark zuckerberg has a more new friends, and it doesn't involve social network>> he's an all american college football stand out and he is a gay man. michael samuel who placer at the university of missouri came out in an interview with "the new york times" and espn because a lot of teams are looking at sam in the up coming nfl draft, it also means he could become the first openly gay player in pro football. >> i came to tell the world that i'm an openly, proud gay man. >> with those words michael sam if drafted has set himself up to become the first nfl openly gay player. in interviews with espn and "the new york times" the 24-year-old all-american defensive lineman said he came out last year to his teammates and his coaches. >> they rallied around me and supported me, and i couldn't have asked for better teammates. >> sam, afc co-defensive player of the year said he wanted to tell his story. he said a story it shouldn't make a difference no matter which team he i understand up playing for. >> if i work hard, make plays, that's all that should matter. can he hel

we have also been talking about mark zuckerberg speaking from mobile world conference.e just wrapped up a keynote there. tradeshow attending a like this is proof that mobile is a huge priority for tech giants like facebook. the company is fresh off their acquisition of the messaging platform what's app. let's hear what zuckerberg had to save the big price they paid for the service. >> by itself, it's worth more than 19 billion dollars. it's hard to make that case because they have so little revenue but the reality is there are very few services that reached a billion people in the world. they are incredibly valuable. this is the one service that gets to a billion people and ends up not being that valuable, i don't think i am. >> zuckerberg spoke about the initiative to connect billions of people to the internet, saying there are economic benefits to providing free internet access to emerging markets. theen to what he said about profitability of this project. >> we are near breakeven and have a bit of work to do but we are very early in tuning it, so this is what these p

. >>> calling out to mark zuckerberg on facebook. >> a father searches for a video of of his son. >>y can't seem to get their hands on. >> my son passed away. >> see what happened when his emotional appeal went viral. >> it's still sinking in. i can't believe it. >>> and your chance to win an ipad mini. >>> and a wife in the kitchen is caught in the act. now meet the husband who shot the video and find out -- >> has she ever caught you in the act. >>what are you talking about? >>> dash cam footage just in case you need a reminder not to run from police or sheriff's deputies from an alexander county sheriff's deputy in north carolina. and this deputy is chasing after this car right up front. this driver not driving at safe speeds, and also on a very heavily populated road. at this point in the dash cam footage, this chase has gone on through two counties. >> you're not seeing any brake lights whatsoever. a lot of times police won't pursue a car like this because it's dangerous to the public. >> this driver just breezes through an incredibly busy intersection in hickory, north carolina

zuckerberg says there are no plans to change that. zuckerberg said in a conference call pe expect it's company to hit 1 billion users in a few years and that people will be happy to pay for the service. kayla? >> julia, a popular product. i used it when i lived in london. not as much here. no doubt, it has a lot of loyal users in that base. josh lipton, in the hometown of mountainview. about 55 employees at this company, break it down evenly, 349 million dollars apiece, all of a sudden. who are they? >> yeah, well, these guys, kayla, are now silicon valley's newest billionaires. the founders include jan koum, a 40% stake in the company joining facebook's board. those who know him say it was his experience growing up in calm mist r communist ukraine. mun cases that wasn't bugged. as a teenager after arriving here he lived on food stamps but wanted to stay in touch with family in ukraine. that was the motivation to build the service. overnight in the neighborhood of eric schmidt, $8 billion, and his partner employee 44 at yahoo! where h

mark zuckerberg will be on stage.tim young will be joining him. >> it makes it a little more interesting. some of those points of discrepancy around advertising, collecting customer data -- david kirkpatrick, the facebook effect author, we'll get into those issues. >> also a bloomberg contributing editor. seeing them on stage together, one of the things that shocked me most is that he is joining facebook's board. kevin fischer does not have one of those. >> it is probably a sign of how heated the competition for whatsapp was. mark zuckerberg said there was lots of competition. they were able to drive a good deal. not just the price, but saying independent. getting the board seat. it will be interesting finding out why they sold. they were adamant about remaining independent. >> what was it about mark zuckerberg? >> intellectual property -- nobody has brought that up. you have some really entrenched competitors. was it an issue, expanding into asia and europe, where they needed a sponsor to help drive growth? >> also a

how mark zuckerberg hope this can be achieved?ons of people to access the internet for free. they want them to officers as such as facebook for free. something drastic has to change. >> on an iphone for two years $2000 in the u.s.. we are on cap to connect everyone. -- past to connect everyone. access the data to begin with. it will be a loss for the phone operators. eventually, it will start to be profitable. there are they offer facebook for free. it is called facebook zero. you pay when you drill down into facebook. we are talking about access in the emerging markets to the internet. plenty more, as caroline says, to come. she will be speaking to the ceo. we will take a break on countdown and return with that interview. >> i am mark barton in london. today the acting president says that he expects the vote today. quickly to fill the government backing so that officials can fend off default. the italian prime minister has won he confident vote in the senate did this is the first indication that they have backing in the parlance.

look at mark zuckerberg.t's so relevant is zuckerberg is able to make good moves. >> so cool somebody doing extreme frisbee grew up in this country as a teenager on food stamps. met a good friend. that's cool. only in america. mark sucher, thank you for joining us. nice to see you. >> thank you. >>> coming up. no more waiting for downloads. streams, messages that won't go through. google coming to the rescue. see if you're one of the lucky ones getting a major upgrade next. >>> this is heart health beat. we all know how important diet and exercise are to heart health. [ male announcer ] frequent heartburn? the choice is yours. chalky... not chalky. temporary... 24 hour. lots of tablets... one pill. you decide. prevent acid with prevacid 24hr. i've quit for 75 days. 15 days, but not in a row. for the first time, you can use nicorette... even if you slip up... so you can reach your goal. [ male announcer ] now, quit on your own terms with nicorette or nicoderm cq. [ male announcer ] now, quit on your own terms

against zuckerberg on this? >> well, tyler, it's hard really to question facebook and mark zuk erburg at this point. they've both been so successful over the last year or two. the stock is up almost 150% just over the last year. however, and i say however, it does seem like even though a lot of people are rationalizing the merit of this transaction indicating that mobile is very important to facebook and whatsapp is a leader in mobile messaging, the reality is two-fold, we think. number one, we wonder how sustainable whatsapp's growth and leadership in mobile messaging is going to be, and then secondly, $19 billion, we had to go back a long ways to see an internet deal that was valued at that level. >> what is their revenue stream here? they give away their service for the first year for nothing, and then they charge 99 cents a year. so unless they've got something else up their sleeve or intend to raise prices, doesn't that put a cap on the amount of money they can generate? >> well, tyler, the way that we thin

zuckerberg's next challenge, making it through the next 10 years. ahead of the company's 10th anniversary, brad stone sat down with mark zuckerberg and they talked about the future, including this new app that allows users to read and write the news from an iphone. going to produce lots of independent standalone apps first of that. the first one, kind of a newsreader, flip board like, but what's up -- what zuckerberg told us, they want to do more than of these things. -- peoplehodoxy should use their names, they should be on this big app called facebook with the newsfeed at the center of it. he seems to be flexible now, understanding the different segments, that teenagers have a different way they want to share, so they want to create different environments to satisfy everybody. the service is so big, 1.2 billion people around the world, it is hard to move the ship in one direction and move everybody along. that is part of the app strategy , not having to change the furniture in people's homes every time they go to sleep. zuckerbergke to about the t

anniversary, we sat down with withrk zuckerberg..they talked about the futur, including a new inp that allows read and write the news >> they will be producing lots of independent standalone apps. th first one is cold paper. alled pap. around a single way to share. he seems to be a t more flexible now and understanding thethe diffent people and segments -- they have different wa want to share. they want to create lots of everybody.ts that satisfys thats this servi 2is so ibig, 1. 1 1 billion people, that it is hard to move the ship along. that is part of that strategy. change th to erery time they goery tieep. eep.>> we also talked about the search tool and transition to mobile. products developed for desktop they areres -- computers. c e giving up the initiatives. thee just try to focus more on mobile phones. that isre the users are increasingly turning. >> facebook's success hass su td richest trson in the world.d not the only billionaire. the bloomberg team found ferg te more. ♪ ♪ ♪ ♪ >> the big reason they are rea h is use of th

. >> reporter: mark zuckerberg's facebook has transformed the way people keep in touch, share photos an communicate and it's revolutionized advertising, allowing marketers to target consumers with socially relevant messages. zuckerberg says he's most proud of connecting more than 1.2 billion people, dismissing concerns that facebook's losing its cool with teens. >> we pay attention to every demographic in every country. so we're going to focus on building things that teens are going to like and also going to focus on building things that other folks are going to like and in different countries around the world. >> reporter: zuckerberg admits facebook went through a rough patch. but seemingly overnight he transformed facebook into a mobile powerhouse that has 945 million monthly active mobile users and over half its ad revenue comes from mobile. >> most companies i think probably would have made sure their business was in good shape first. we decided we care most about building the best service we can. we're going to focus on doing that first. the result of that was that we improved t

then to you. >> mark zuckerberg speaking. an interesting conversation ande about buying whatsapp internet.org. we have a great group of deaf group of guests coming out to speak with us as soon as that is over in barcelona. in the studio, the former facebook employee and also now the coo of "message me. and the bloomberg contributing editor editor and cory johnson, our editor at large. it has been fascinating listening to you throughout the conversation and your commentary throughout. on what mark based zuckerberg had to say. tell us what the big picture is. why did facebook by -- buy whatsapp for $90 million? class i cannot comment on that, but growing bought a large, network of mobile users, people communicating on their product. if you look at the mobile landscape today, we are at a point where discovery and search is fairly constrained by two big players. apple with their app store and google's play store. you heard mark talk a little bit about this. in some waysesents a portal. it is a 460 million and growing network of p

facebook is aware of that and mark zuckerberg said that on the call.are clear differences between facebook messenger and this product and it's that real-time communication taking place and facebook is not really able to capitalize on that. >> is there a way of knowing if there was a cover bid? did facebook have to pay $19 billion because someone else was pushing the price up? >> the commentary from the call said not directly. you have to think that indirectly, the whatsapp founder would have been aware of what google might have been willing to pay or someone else could have paid in the future. there must've been some number which they said we would walk away. >> you recently downgraded facebook. facebook is starting to look more like a suite of apps. >> mark zuckerberg said our shares are overvalued so i will pay. i don't know they are thinking a long the lines of enter new show -- institutional investors. they are looking over this over a long time horizon. in terms of the downgrade, you have to account for the fact that there is nine percent dilution

facebook is 10 years old, and mark zuckerberg's harr lard dorm room. there is 1.2 billion users. makes the words friend and unfriend part of our daily vocabulary. mark zuckerberg released a statement saying in part he hopes the next decade we'll use the resources to help the people across the world solve bigger problems. >> i was just excited to do it at one school. i thought someone needs to build a service like this for the world. i thought it was the incredibly important thing to happen. i never thought we would be the one to help do it. >> he also thanked the users for letting him be part of facebook's journey. >>> and microsoft have named a new ceo this morning. >> only the third leader in the company's software history. he has been an executive of some of the company's fastest growing and most profitable businesses. meanwhile bill gates is leaving the chairman role to become a technology advisory. gates out of the. >> hot lanes in the south bay area are becoming popular. solo commuters can use those express lanes during rushhour if they're willing to pay. that turned out to

interrupted mark zuckerberg's valenti valentine's day and the two of them hammered out the deal. >> koumigned the deal at the same where he used to collect food stamps. for now, facebook will focus on growi growing what's app which will stay independent. promising no ads, no games and no gimmicks. but once the free-year trial runs out, the money is sure to miles an hour in. with 450 million users and growing, well, you do the math. >> thanks for watching abc news. tune into "good morning america" rite here tomorrow. as always, we're on line at abc news.com. good night, america. good is in a good that comes in 25 flavors. from whole natural to wasabi and soy sauce. and once good gets going, there's no stopping it. get your good going. blue diamond. snack nut of the u.s. ski team.

in an exclusive interview with nbc, they talk to founder mark zuckerberg. talking about facebook's past and the future. >> chase cain is live outside company headquarters with more. good morning, chase. >> reporter: good morning, scott. it's hard to believe it has been a decade but my, how this company has grown. there were once just a few college kid who is started this in their dorm room. we're standing outside of facebook's corporate headquarters, pretty substantial building here in menlo park. let's look back at the original site. it was called the facebook then. with that face that was also at the top of the bar. it was the facebook in 2004, a year later before facebook started making changes and 2005 added photo albums and 2006 a mobile app and a news feed. can't believe we have a news feed now. in 2007 video, 2008, chat, face back has changed but so has the company. they moved from palo alto to this headquarters two years ago. this was the old sun micro systems. they are paying the city of menlo park nearly a million dollar as year to be here and fac

instead of mark cuban, it's mark zuckerberg sitting next to kevin o'leary and zuckerberg offers $16 billion to the whatsapp founder. what do you think kevin would say? >> well, we don't have to wonder. he's joining us now. investor on "shark tank." kevin, great to see you again. what would you say about this deal? >> well, i think it brings up four big issues. i'm trying to be pragmatic about it as an institutional investor. first of all, i do not own any facebook stock, and i never would because i never own dual-class voting shares. here's exactly why i don't. the last time i looked at this deal -- and first of all, i want to congratulate all the sellers. the shareholders of this app have done a very good deal for themselves. that's what capitalism is all about. but if i were a shareholder of facebook, it raises four huge questions for me. number one, and because obviously i don't have a typical due diligence process in terms of valuing this deal, in this case, the ceo decides what he wants tooed. it doesn't go back to his board. i think they made a mistake. it's the first time ever i call

. >>> "forbes" magazine says mark zuckerberg has a $2 billion increase in net worth. now he's worth about $27.5 billion. meanwhile, amazon's poor earnings report sent shares tumbling and cost ceo jeff bezos about $3.5 billion, but he's still worth about $33 billion or so. it looks like people are getting the message about needing to save more for retirement. the average 401k balance ended at an average of $89,300. >>> andre drummond given the mvp award after the challenge game. this happened. >> oh, no! oh! >> the trophy broke in two. but no worries. drummond just took it all in stride. and those are your ups and downs here on "weekends with alex witt."

and that for the first time puts mark zuckerberg in the media kept business.ut he doesn't say so. >> i really want to like this, but it's kind of clunky, you can only look at one story at a time and it's not all encompassing. you have tech, pop life, lol. >> isn't that your section? >> yeah, my favorite. the nice thing is that facebook has human beings decided what articles you might like rather than algorithm. >> and what's happening, i don't quite understand, because facebook has a billion users. and it's growing at a fast pace. this is meant to really get away from that stream where you constantly see, notice, who had what for breakfast, a picture of someone's kid, a news story. now you can just go to the news stories. but it is very limiting. that is the down side. the content subjects are limiting and you can't choose a specific area of kept within an area of kept. >> right. it's not as personalized as it's advertised to be. and we have the "new york times," "washington post," cnn, but some lean left. late, vanity fair, and all week i found one national r

hans, what did mark zuckerberg

the question for mark zuckerberg is around maintaining share engagement and share of social activity. whatsapp now has 450 million active users, 70% of them active every day. that is a significant advantage of facebook users. whatsapp is taking a big chunk of people who should have been using facebook and they are using facebook first. the question for him was do you just sit and try and compete with that? they have been looking at facebook message for the last year or so and that has not stopped the clock. you might say this is a great mobile conversation and that should be part of facebook. >> looking at the landscape of mobile messaging apps, you are in taiwan and you have seen the rise of wichat and others. do you think this is worth it? >> i tend to think it is. i think the price per user is very reasonable. the growth is fantastic. it's a big difference with viber which had plateaued. it's not a great comparison. the three that matter are whatsapp, wichat and line. from that respective it's reasonable. what they are driving at -- i don't know if there is a price that is too high

i don't know that it particularly matter to mark zuckerberg because he felt it was a threat.t was the same with snap chat. there is an area of private messaging that facebook has a brand but does not have permission to go into. people are scared to put stuff on facebook that is private. the best way to get into that is to buy in. at this point, everything is very expensive. >> does it matter that facebook is buying versus building innovation? >> not especially. one of the interesting trends here that you can see with instagram is how difficult it is to forecast these successes in advance. you could have launched 10 apps that look exactly like instagram under a different name. one of them would get to what instagram got. would the other nine? maybe, maybe not. it's hard to say to the degree of luck. luckerstate the degree of in some of these spectacularly growing businesses. the driving dynamic here workth looking at is on the desktop, there are really strong winner takes all dynamic. when you go to mobile, most of them fall away. these apps can use your address book. they all

this morning mark zuckerberg reflected on the past decade in what else but a facebook post.t's been amazing to see the world use the site as a tool to build a real community. facebook was created back in 2004 when zuckerberg and the harvard class decided to launch that social network site just for students was the original idea. zuckerberg appears on the "today" show to talk about the milestone and the company's future. >>> construction on the new arlington county homeless center own 14th street will cost about $5.5 million. $15 million in totalas been set aside by the county for a complete remodel of the building, including the cost of furniture, phones and non-construction renovation costs. the two-story remodel could begin as soon as march. the county board will choose an official bid on february 22nd. >>> well, the honeymoon is over for kids in stafford county who have to make up the snow days they have enjoyed this winter. that means they have to go to school on president's day. students also have classed on may 23rd and june 11. school is supposed to get out early on t

>> mark zuckerberg said we don't know yet. >> reporter: the deal does give the world's largest socialwork a dominant mobile communication tool. one that's particularly popular with young and international audiences. >> instead of buying them, they need to figure out ways to create them by themselves so they don't have to spend $20 billion on each new one. zbrr for "this week," rebecca jarvis, abc, new york. >> thanks. back now with the group, including cory johnson, author of bloomberg west from san francisco. and cory, facebook, as we heard, spent $19 billion on this, $20 billion in the last two years to acquire these barely-profitable companies. explain why they're doing this. >> well, look, on some level this is still a mystery. mark zuckerberg's addressing the mobile world congress in bars low -- barcelona, and it's such a big deal, there are so many questions about the valuation we're going to carry it live tomorrow. people wonder why spend this much money on such a nascent application out of nowhere? but facebook recognizes how rapid changes happen in this world of mobile comput

tonight, mystery solved complete with a hollywood twist. oñ >>> facebook's mark zuckerberg and his wifehave just been named the most generous philanthropists for 2013. the couple topped the list compiled by the chronicle of philanthropist donating $992 million in facebook stock to the mountain view based non- profit the silicon valley community foundation. this also marks the first time anyone under the age of 30 made the list of top 50 fill on there pitses. zuckerberg is 29. >>> now trending at ktvu.com, a coffee shop in los angeles calling itself dumb starbucks, all the logos resembled the real starbucks but with the word "dumb" added. the coffee was free but some people said it was lousy. turns out it is all a publicity stunt. the associated press checked filming permits and found dumb starbucks is linked to a comedy production company. go to ktvu.com and look under hot topics to learn more about the story that first came out over the weekend. >>> a free app taken down is now being sold on used phones for a lot of money. flappy birth had the number one spot downloaded for free 50 mil