joining us to discuss is zynga's ceo. good to have you back.do you think is driving the stock? >> i think we have an underlying strategy that is really working with players. we have five main franchises that you mentioned, plus "words with friends". the mobile market overall is growing rapidly and our games are benefiting from the live services orientation we have two building and growing them. emily: we have bigger players getting more serious about gaming -- google and apple. where will that leave smaller game makers like you? >> what is important to note is that the gaming business right now is about on hundred what he billion dollars big. it is global and reaches every part of the world because mobile is in everybody's lives now. when you look at apple, amazon, google starting to come in, there has always been microsoft, sony, nintendo. companies like zynga can grow in ways that the big guys just cannot. if you look at facebook and look at how snap is starting to build out in games, you can go to lots of different platforms to reach big aud

if you look at zynga, we are 95% on mobile. partners are apple and google we launch free to play services that appeal to mobile gamers all over the world mobile is the largest category of games over 2.5 mobile gamers worldwide growing every day. mobile is now the largest gaming platform in the world accounting for bigger than piece and console alicombined we have games an apple, google, facebook, snap we feel good about the momentum in the company and prospects for the industry overall going forward. >> "game of thrones," "harry potter." you have headline franchises there >> and "star wars." >> in the works. thanks for joining us on the heels of zynga's earnings. stock is up 5.5% thank you. let's get to sue herera for a up ins update >> hello, everyone here's what's happening. reilly howell is hailed as a hero by authorities after the unc charlotte student sacrificed himself to tackle the gunman who opened fire in a classroom tuesday evening. police say he charged and pinned the attacker after several rounds were fired. he mana

zynga can grow in ways that the big guys just cannot.facebook and look at how snape is starting to build out in games, you can go to lots of different platforms to reach big audiences and that is what we have been doing. we have been publishing games across a lot of different platforms, focusing on big ideas and we are doing well right now. emily: talk to us about some of the new game releases. you alluded to timing, but if you could tell us more on when we will see these new games, please do. >> we are working with the five games we have out now, but we also just put a "game of thrones" title into test. in the future you will see "harry potter" products coming from us. we will be bringing back some of the famous titles from zynga's past and those titles will layer to see greattinue opportunity to grow and a lot of success in the future. emily: will we see these games this year? >> we will see them in the second half. emily: you also said recently that you would be open to a subscription service. tell us about that. >> i think suspicions

to highlight the threat to the amazon rain forest he hopes to raise 1000000000 euros to protect the zynga reserve which is home to many of brazil's tribal peoples. former u.s. intelligence analyst chelsea manning has been jailed for contempt for the 2nd time this year she refused to testify to a grand jury about her leak of classified documents to wiki leaks manning said she would fight against subpoenas to do so forever indefinite. the u.s. state of missouri's republican led senate has passed a bill to ban abortions at 8 weeks of pregnancy the legislation makes exceptions for medical emergencies but not pregnancies resulting from rape or incest abortion opponents in the us are hoping new restrictions will leave the supreme court to overturn an historic ruling which legalized abortion. in the catholic church the role of women who are not nuns has long been a point of contention women are not allowed to become priests for example here in germany a group of catholic women say they are sick of the male dominated church so they're boycotting the voluntary work they do in calling for a more li

. >> he zynga is having a good morning.are going to talk to them this morning >> that's why we are going to break early, save time for the citi ceo we are back in a minute. -driverless cars... -all ground personnel... ...or trips to mars. $4.95. delivery drones or the latest phones. $4.95. no matter what you trade, at fidelity it's just $4.95 per online u.s. equity trade. no matter what you trade, at fidelity the latest inisn't just a store.ty it's a save more with a new kind of wireless network store. it's a look what your wifi can do now store. a get your questions answered by awesome experts store. it's a now there's one store that connects your life like never before store. the xfinity store is here. and it's simple, easy, awesome. >>> joining us now exclusively on his 59th birthday, which he probably doesn't want me to say here at post nine, michael corbat, crowe ceo of citi. >> thanks for having me. >> in april you were in front of congress and you said our ability to talk ourselves into the next recession could occur

. >>> country music legend garth brooks was at the zynga offices in san francisco to talk about his music host a live game of words with friends. reporter kate larson got to hang out with him. >> you sit down and go, sometimes a dream a like a journey. >> reporter: it might seem like an unlikely partnership, garth brooks collaborating with a tech company. >> garth brooks is here. >> reporter: but brooks says his love for the cell phone game, words with friends, started with his wife, tricia yearwood. >> she said look, there's this game, you want to try it? i said sure. now nine years later, right? i haven't beaten her once. ♪ >> reporter: he shared a song he's been writing for 20 years. >> i choose my words very carefully, and they have to fit. >> reporter: brooks was the number one selling solo artist in u.s. history, says after 30 years in business, he still loves a good concert. >> favorite song to perform live, but when you announce the next song you're playing, "it's calling baton rouge," that place goes through the ceiling. ♪ >> reporter: he left me with a few words of wisdom to sha

europe to highlight the threat to the amazon rain forest he hopes to raise 1000000 euros to protect the zynga reserve which is home to many of brazil's tribal peoples. well here in germany a small radical far right party has been staging marches that evoke the country's nazi past called the derivative they were the 3rd way their fielding candidates in the european parliamentary elections w reporter ruth krausen has been to a town where the extremist group has found followers despite calls for it to be banned. this is plowman in eastern germany and the office of the political party due to vague or 3rd path. they sell secondhand clothing here for germans only the party cast itself as being a party of the people the german people the party also shares information here on its program it wants to see the german borders shift back to where they were before the 2nd world war and cut right through the middle of poland they say german women should have more children and immigration should be stopped. my ideal germany is a place where politicians have the final say and they always have germans we suppo

zynga is considering offering monthly subscriptions to boost revenue.says users who sign will be given extra content. shares soared and first quarter sales of $265 million. street,ons out of wall $242 million. housing and business lending growth, the bank was forced to cut the dividend. u.s.s paid out 800 million dollars. down towe are counting the opening of the session in india, less than an hour away. holiday, it looks like a weaker start for indian equities. , we assumed we would be opening lower. tuesday's session ended on a flat note. , but thecular stock lower.agged about 0.8% stockst heavy weighted closed 1.5% higher. that did not have any implications on the nifty. strength coming in on currency. crude oil started to come up from peak levels. all of those factors did not do much harm in terms of the index. the market remained weak through the trading session, but nonetheless it has been maintaining performance and equity. that is the silver lining in this move we are seeing. money is not going out in a big way. plunge we saw,% what other stocks

banker michael grimes has spearheaded some of the biggest tech deals of the decade including facebook, zyngaw the so-called silicon valley whisperer once to get to the top of the market -- wants to get to the top of the market, but how damaged is his reputation? he is legendary inside the silicon valley bubble. most anyone who has had conversations with tech bankers knows who he is. talk about who he is and his history and silicon valley. >> he is seen as somebody who works on the biggest tech ipos. most banks go out and bring their ceos of the bank out there but he takes the business himself. he is competing with silicon valley. -- in silicon valley with goldman sachs. he is by himself, really close to silicon valley. you go back to new york and some investors here are upset with how much money they have lost on uber so far and unimpressed that -- emily: so, what happens with uber and how much is he being blamed? >> on one hand, people, investors who bought in at the $48 price and those brought in on the hot ipo, including morgan stanley's own clients, more than 15,000 financial and visors

. >>> garth blocks was at the zynga offices to talk about his music and to host a live game of wordssometimes a dream is like a journey ever changing as it flows ♪ >> it might seem like an unlikely partnership. garth brooks collaborating with a tech company. he says his love for the cell phone game words with friends started with his wife, fellow country singer, tricia yearwood. >> she said there's this game i've been playing. you want to try it. and now a 84 later, i haven't beaten her once. >> brooks explained how his movie and his technology aren't so different. >> i choose my words very carryfully. and they have to fit. >> brooks was the number one solo artist in the u.s. history since after 30 years in the business, he still loves a good concert. >> when you announce the next song you're playing is calliban through the ceiling. >> the greatest question of all time. why are we down here? we're down here for each other. >> abc7 news. >> it must have been a fun event. >>> consumer news, cvs closing dozens of stores. >> three here already. cvs says the stores are underperforming. cu

zynga mobile game pioneer monthlying subscriptions.rs who sign up will be given next accountant. shares soared in after hours as the company be projections. stock is up 40% this year. tesla is being sued over a fatal crash in california. the autopilot system allegedly malfunctioned and steer the car into a concrete barrier on the highway. in the complaint, the family of the driver who died said the model lacked safety features like a properly functioning emergency braking system. and the square slumped in late trading after getting a disappointing forecast for the second quarter. it has not adjusted revenue. million below5 expectations. square blames increasing competition from rivals. those are the top global tech stories we are following. 's forecast got a big boost from its legal put out from apple. the chipmaker expects third-quarter revenue to be about $10 billion. half of that will be a one-time payment from apple for unpaid licensing fees. despite that, businesses have been disappointed with the company's performance. and we wer

. >> the online game maker zynga is about to close one of the biggest deals. it is selling its san francisco headquarters on townsend street. they plan to lease back about a quarter of the building whereabouts half of the staff is based. they paid $228 million for that building in 2012. reports say the real estate investment firm will pay about $600 million for it now. >>> the tsa changing its policy on cannabis. airline passengers can now bring some forms of cbd oil and a drug de required from marijuana approved by the food and drug administration. the drug is called a pit lacks and used to treat epilepsy among children. hemp derived cbd oils are allowed because they are protected under the 2018 farm bill. other oils and cannabis infused products are still banned. >> >> it is 6:27. a deadly crash on the bay bridge has traffic backed up for miles. it is a horrendous commute into the city. we'll tell you how long it will take to clear the crash and give yeah possible alternative roots if you need to travel from the east bay into san francisco. >>> welcome back.

zynga paid $220 million in 2012.says the sale will help the company reinvest in its core business. >>> a live look at the new york stock exchange down 192 points now. in the red. bond yields slumping. some concerns over slower economic growth. we'll keep tracking it. >>> let's get back to the breaking news we've been tracking on the bay bridge. >>> back to sky 7 live over the scene of this fatal accident on the upper deck of the bay bridge on the incline section. you can seep the three right lanes are blocked. lots of emergency crews there. they still need to upright the box truck and are putting absorbent on the road to pick up the gas spill. waze was calculating delays of over two hours. this is the spot to avoid. because the backup has grown there's a lot of frustrated drivers. we've seen several accidents on the westbound 80 drive backup. there are a couple at powell, one was just here at the gore point. you can see that's mostly cleared. all approaches heading westbound are jammed. it's red across the san mateo

zynga agreed to sell its townsend suites.g a 12-year lease with an annual $10 million rent. the chronicle reporting that this is san francisco's largest single building deem since 2014 when salesforce paid out $637 million for its fremont street property. >>> taking a live look at the new chase center in san francisco. it is just a few months from opening and the warriors have struck a deal to name the plaza around it. healthcare giant kaiser permanente bought the naming rights and will call it thrive city. the plaza and arena under construction in the city's mission bay district. thrive city will also to call it that? the warriors aren't saying. >>> there are more contractors and temps than full-time employees at mountain view based google. the new york times cites an internal google document which says the company has 102,000 people on staff but the tech giant employs another 121,000 temporary employees, vendors and contract workers. some nonstaff members are calling it a two tiered system that offers them reduced benefits

juliette zynga -- juliette saly in singapore has more.hat's after we saw what was speculated during friday's session, when you saw the csi 300 ratcheting to a close at more than 3.5%. today, it's off. interestingly, investors aren't pressing the panic button. if there is no deal, perhaps that leads to more stimulus, and that will put a floor under chinese stocks. that is friday's close, but you are seeing weakness elsewhere, the nikkei down 7/10 of 1%. a little bit of upside in indian markets. that's reflected in the sensex, higher in 2/10 of 1%. indian stocks have been lower for eight sessions in a row. let's look at the stocks in detail. one company in australia has flagged the u.s. trade dispute. reliance worldwide has been down 26% in sydney, closing lower by 50%. softbank under pressure after we saw the dismal debut from uber friday in the u.s., falling 7.6% below its lunch price. been focusing on these on. looking at all the automakers in japan. suzuki doing well, up 5%. nomura says it looks undervalued. earnings still look ok. bloo

shares soared in after hours trading and zynga reported first-quarter sales of $265 million ahead of2 million. the stock is 40% -- up 40% through wednesday's close. let's take a look at how markets are trading because you see a rough session over here in the u.s. and you are sort of starting to see some reaction over there with the australian index. that is, falling -- that is falling .4% but new zealand getting a boost of 3/10 of 1%. we had thesues when weaker aussie dollar relative to some dollar strength in the u.s.. they returned and year to date. but we have heard some currency forecasters that maybe the australian dollar was set to rise or strengthen really on the heels, a dovish fed but it looks like the selloff in the u.s. market is starting to translate overseas as asia opens. paul: very much so and we will get more on that, how the fed decision -- as the show continues. let's talk about china for now. ubs is bumping up its 2019 gdp forecast for china to 6.4% including a milder property sectors slowdown. stronger real consumption growth. joining us now from hong kong is the

. >> zynga spiking after the social gamemaker beat wall street sales estimates and issued strong bookings mike, we look ahead to, i guess, the jobs report on friday, potential catalyst after mixed data adp and the private sector is very strong today, but ism manufacturing, the disappointing and weakest since 2016 >> it was obscured after we did get the fed meeting and i didn't think we would get a verdict with the jobs number and one thing about the 3.2% gdp number we got is that the entire upside beat was because of the inflation shortfall. in other words, nominal gdp growth last quarter was the lowest since 2016, and it was just the fact that we were just out for inflation when we got the real gdp number, maybe that's why the bond market never really priced it as if it was an economy that was accelerating again and that's why the jobs number would fare to see what kind of momentum we have coming through april and i guess also what it means for the fed. >> we should point out lisa su sitting down with cnbc's jim cramer moments ago discussing growing market share and its core businesses.

and the maker of mobile games zynga beat expectations. empires and puzzles. the first quarter as the company transitions to making smart phone based games. based on the strong slate of offerings for the second half of the year, including a harry potter game and a "game of thrones" game. the stock is up 18%. >>> coming up, which major bank is behind this mystery chart and why it's one of our next guest's top picks. >> let me guess. >> teases have gotten a little better what can you glean from that through the at&t network, edge-to-edge intelligence gives you the power to see every corner of your growing business. from finding out what's selling best... to managing your fleet... to collaborating remotely with your teams. giving you a nice big edge over your competition. that's the power of edge-to-edge intelligence. what do advisors look for don't just track an index, help me meet a client's need. is the fund built to sell or built to last? etfs are only part of a portfolio. so make it easy to explain. give me a quality fund that helps me get clients closer to