and the google guys, about one and a quarter billion dollars less rich each. >>> on capitol hill today, the senate passed a bill that would retroactively restore jobless benefits to more than 2 million of the nation's long-term unemployed. that bill heads to the house and could face significant opposition, if it is renewed, the aid would mean a payment of $256 a week through the end of may for americans out of work for longer than six months. >>> the white house is trying to control the gender pay gap. both of them were targeted at contract workers, the order prohibits contract workers for retaliating for discussing pay. it encourages them to be more transparent based on gender and race, the order says they will level the playing field for all workers so no one becomes a second class citizen. >> when any of our citizens can't fulfill their potential for reasons that have nothing for do with their talent or character or work ethic, they're not living up to their work capability. we don't have second class citizens here, certainly not in the work place, so tomorrow the senate has a chanc

google has bought more than 20 companies over the past year. google's founders have shown they have the desire for acquisitions both large and small. now they have a new way to satisfy that appetite while maintaining their control of the search giant. josh lipton, "nightly business report," silicon valley. >>> the auto parts maker delphi is getting drag need that massive legal trouble at general motors over those faulty ill anything switches it made. they have been linked to at least 13 crash-related deaths. plaintiffs suing g.m. have now added delphi's name in their lawsuits against the automaker, included a former delphi employee whose daughter was killed in a 2013 chevy cobalt accident. shares of the auto parts giant down about .5% today at 69.73. >>> that drop was nothing compared to the decline in shares of barnes & noble today. they tumbled nearly 14% after one of the bookstore's chains biggest investors ---ing talking about liberty media -- said it sold almost all its stock in the company. >> reporter: a blow for struggling bookstore cha

april 16th. >>> good evening, everyone, we begin tonight with ibm and google. they are two iconic tech companies, two big disappointments and two stocks that carry a lot of weight. one of them the dow, the other the nasdaq, big blue's quarterly report out after the market close was another in a long line of revenue misses, income continues to be hurt by sharp declines in hardware sales. ibm earned $2.54 a share, right along with predictions but revenue missed coming in at $22 and a half billion, less than expected. that sent shares initially lower in after-hours trading. morgan brenner has been looking through the report and has more on that. so morgan, as you look through the numbers what do you see as the key takeaway from ibm. >> well, ibm is one of the ones with the bigger numbers, but shares have continued to weigh on their growth, countries like brazil, china, revenue falling in those countries about 11% from a year ago. but none more so than china. so revenues in the world's second largest economy actually fell about 20% from a year ago. that is as deman

no word on how much google paid for titan. facebook did end up purchasing its own drone company so there it is called assenta. google shares rose 1.5% to $545.20. more on facebook. it's apparently no longer content with being just the largest social media site. it's preparing to provide online financial services starting in ireland. facebook just needs the approval of the irish regulatory board to offer users several types of financial transactions online. shares of facebook up slightly today. web md said it expects to report strong first quarter results at the end of the month. anticipates reaching the upper end of its annual earnings and revenue projection. the health information provider says 32% more people used its website in the first three months of the year. that gave a big boost to its ad sales. shares surged to $43.87. and general motors gained ground after said it's replacing executives in charge of communications and human resource. it's not linked to the on going safety crisis. gm attributes the move to mary barra

you look at the developments in the google system. then you look at china, which is trying to bring on cos, which will be an alternative to apple. you look at the smartwatch coming out of samsung, which they are looking at moving away from google, to have a different operating system which they may bring into their smartphones. so apple is saying to the rest of the ecosystem, look, i own these features, these are mine. if you want to compete, you have to come up with something different. that is the conversation i think is going on. >> apple is asking for $40 for every samsung device that infringes on these patents. is that anywhere near realistic? >> that is huge. i believe microsoft has been reported to be getting about $10 for all of its patents on software, architecture, and everything else, from samsung, five dollars from htc. so, $40 is almost a shutdown price. it disrupts cost of goods sold, disrupts margins to the point where it is very difficult to move on. that is partly a consideration of the google operating system being f

i know this was exposed by jordan -- google security users. >> it was found by google researchers and researchers from a company elsewhere. it is a tremendous find. they found a serious bug. they also coordinated the release of a fix for it. a software patch. the bug is tremendously powerful, but there's also a fix available. most large websites have pushed out that fix. were discussing, this is a flaw in the encryption software used by two thirds of the world. it is open source software. it is community-created. the fact that this law has been around for two years raises some interesting questions about who knew about it. >> is is a victory for open source? so many people are looking at it so they could find the problem. where is a failure, because so many people were using this? >> i would not even look at either one of those. one of the things we really have to understand is that the problem with these is that they are out there all the time. it does not make you better or worse it takes two years to find it. can waita lot they that they have not found fixes for. however, i would s

they are saying that they are afraid of google and others. the fact is they are friendly -- frenemies. comcast is the one with the wire into peoples homes. that is the connection that gives comcast enormous power. >> susan in your book you make the pretty good argument that the monopoly law does not understand how these systems work in the new era and the geographic comparison does not work. what is the right way to look at monopoly law? >> comcast has such enormous buying power with this merger. it is going to be buying all of the programming, setting prices for it. it is going to be buying all of the devices consumers have in their homes. lookedwer has not been at as stringently. comcast will be shaping entire markets. everyone will have to do things their way at the merger goes through. i know the department of justice will be looking at this closely from that perspective. the fcc has an even broader edict, which is to look at the public interest part of the deal and again whether it is in the public interest. yes? >> quickly, susan, are t

>> the tax break and the protesting against google buses. protesting twitter in a week. yes. exactly. in the united states. again, i have left day to day operations so i do not have authority to speak on what twitter's responsibility is, that i am starting to look into this now. just personally. get involved with various tech industries. in a boom time when so many jobs are created, there is so much and if it is not, what can we do to fix that? solution.a weekend a lot of people have to get together and think long-term about how to make it work. it seems to me there has to be a way to solve the puzzle. questions from the jelly verse. -- responsess within seconds. argan asks when will you merge jelly with twitter? >> it is our it he working with twitter. we work with twitter and facebook. we blend the networks together and that is one way we can your answers. will youe is asking ever sell? >> jelly is the company we are trying to build and work on for the next several decades. this is what i am doing now. there is no sell date. >> what our current use cases, and what do you en

we have the same infrastructure whether it is google or amazon or netflix or yahoo! or microsoft or aol all looking at original content. looking at 10 episode shows that might cost anywhere from 700,000 to a few million dollars per episode. search.go toward now going to this original content business and what it might mean. >> can you only watch online? >> the success that netflix has had drawing customers, we want some of those same people and we have the cash to spend. >> netflix has produced a number of hits. single we can't name a one. let's bring in jon erlichman that got a look inside of microsoft xbox entertainment studios. they are making its own original series with the likes of steven spielberg. pretty fascinating story. i year-and-a-half ago, microsoft hired a very well-known person for her work at cbs and before that at warner bros.. everyone has been asking the question, what is the xbox team working on? they have not said much until now. we got an exclusive look of what we have been doing behind the scenes. inside this low-key office building, microsoft

many of the employees will join google and its brands and apps will remain. hbo says the premiere of game of thrones got 6.6 million viewers in its first airing. up 52%. i was one of them. it was so popular on hbo go that the service crash for some viewers and wasn't completely restored until four hours later. meanwhile, silicon valley, a show about a tech startup received 2.5 ilya and viewers. -- million viewers. cory johnson here to talk about yahoo! and their ability to dominate. >> we have the same infrastructure whether it is google or amazon or netflix or yahoo! or microsoft or aol all looking at original content. looking at 10 episode shows that might cost anywhere from 700,000 to a few million dollars per episode. >> they go toward search. now going to this original content business and what it might mean. >> can you only watch online? >> the success that netflix has had drawing customers, we want some of those same people and we have the cash to spend. >> netflix has produced a number of hits. amazon, we can't name a single one. let's bring in jon er

does not have the google place door. in typical amazon fashion, they're creating their own parity bill custodio -- they build their own studio. look, hard-core gamers want to play hard-core games. they don't want to play -- they want to play bio shock, not mine craft. >> whether it is on gaming or something like imdb, which is a place where you find everything about actors in the entertainment business these days. jeff bezos made a big push on the idea when you're watching films or finding out who the actors to imdb, i don't know necessarily of people are using those services in a big way. >> bezos wasn't there today. would he think about that? >> they presented him these things every month. it wasn't even dave limp that handles all the events. it was pete larson. it is not going to get the attention that the kindle fire and the kindle e-readers have gotten in terms of big promotional holiday time launchers. >> what about the apple closed ecosystem versus this android open ecosystem. how big a difference does that make.

. >> speaking of google, google's executive chairman eric schmidt has a cameo in a party scene. you did get feedback from him on how authentic that was. what did he tell you? >> that was very encouraging when he showed up to shoot and looked around and said i have been to this party. that was great affirmation for us. >> there are references in the show to steve jobs. could you have done the show without making references to specific people? was that integral? >> yes, i suppose. everyone has macs and pcs. it is so everywhere, and there are pretend companies, too. we just kind of -- they coexist. it just seemed right. >> silicon valley creator, mike judge and executive producer alec berg were with jon erlichman. he brought us superheroes like iron man spiderman. we are talking to stan lee, the man behind marvel comics. ♪ >> welcome back to "the best of bloomberg west." i'm emily chang. marvel's ninth film adaptation, "captain america - the winter soldier" hits theaters this weekend. "the avengers" was the third highest grossing movie of all-time. that is good news for disney. i

and google is suspending sales of the anoxic alarm. web --nic feature of the of the nest smoke alarm -- it could take two to three months to fix this problem. google. them in january. technology ipos are hitting wall street. grubhub and a cloud software company both started trading today. the grubhub ceo joint market makers and had this to say. washe reason we did the ipo to gain exposure for the company, to communicate to the world that this was a massive marketplace. there are $70 billion spent annually. only three percent of that is being placed online in any way. >> it is not just grubhub. the other company, opower. they have filed to go public. seeing a ton of ipos producing technology. >> now feels like a good time for these companies to go public treated investors are friendly to new technology ipos -- to go public. investors are friendly to new technology ipos. -- is thely this is company that is profitable. they had sales of $137 million last year. this company looks a lot like opentable, which is another company investors hav

google definitely will. it sounded like dick costolo said no moon shots that twitter, just focusing on the core. >> you tried oculus? >> i did. i thought it was extremely cool. i have never used it before, which i was embarrassed to admit, and it really is extraordinarily immersive. it's way down the road that it will make a difference for facebook, but it is cool cool. >> david kirkpatrick, jon erlichman, thank you all for watching this edition of "bloomberg west." we will see you tomorrow. ♪ >> welcome to "lunch money" where we tie together the best business stories. intech, twitter tumbles. user growth slides and photos the stock. the ceo of script says it is simple, the online tv service is stealing. walk this way. how chief executives take care of business on the go. bridget moynahan living on $1.25 per day. she will explain why. in mobile, which makes the best wine? our answers coming up.

he was director of product for google maps. you have a great consumer, what everyone would agree is a atderful consumer product scale on the ios and android platforms. daniel has been the ceo of a startup. i love the entrepreneurial spirit. what you will see is dana ali and tied to implement the strategy we have already laid out and bring the entrepreneurial spirit to the team and probably come up with a bunch of his own ideas. >> when you talk about getting users engaged, a lot of twitter is one way communication. to be fully engaged, you have to tweet. >> the majority of active users on twitter tweet. there have been some strange third-party reports that have gotten that wrong. the majority of active users tweet. we scale and continue to grow. users 14 million net new in the first quarter, it will likely be the case that more of those users will come to the .latform and be consumers we make no distinction as to whether someone does or does not have too tweet, nor do our marketers. it makes no difference whether they are consu

the new ticker for google plus. googl. the four-letter ticker goog is used for class c stock. class b shares controlled by page and schmidt. those shares still get 10 more votes. that is the format for the stock. >> we spoke with mike judge that created the show. we will see that tomorrow, right it --> looking forward to right? picks for watching, we will see you later. ♪ . >> welcome to "lunch money." i am adam johnson. in tech, it is all about the launch. they are bringing new products and new competition. and movie producers ron howard and brian grazer trying to make video for the digital generation. by the way, they are short videos for short attention spans. we have heard about high-frequency traders, but how do you write a best seller? and lands for reinventing the modern corporation.

, google, facebook. >> here this -- bit soup. like alphabet soup, but ones and zeros instead of letters. , which iss you cringe something judges and brilliant at. the cringe. funny.as pretty >> kudos to mike judge. he had to have had an internship at google. >> who is going to watch episode two? >> i'm all over it will stop >> i'm in. >> it was good. i think it was better than all of us expected. i don't watch much tv. funny and very true, but i thought it also -- i think it's the kind of thing people in silicon valley like to watch. >> it's time for the bwest byte, where we focus on one number that tells us a whole lot. >> how about the number five? that's the new ticker for google's class a share. the dreaded five letter ticket -- ticker right now. the old ticker is used for a new form of stock. what about the class the shares? those shares don't trade. those shares still get 10 more votes and that's a format for the stock and a lot of new ideas will follow. >> the real eric schmidt who made a cameo in "silicon valley." and we

the new ticker for google plus. googl. the four-letter ticker goog is used for class c stock. class b shares controlled by page and schmidt. those shares still get 10 more votes. that is the format for the stock. >> we spoke with mike judge that created the show. we will see that tomorrow, right? looking forward to it. we will see you later. ♪ the following is a paid program. works the following is a paid advertisement for scalp med. officer.elevision stay tuned and find out how you can find the system -- try the system for $29 $.95. try it for $2995. details ahead. >> does scalp med work?

monetization of computers by apple, the democratization of computers by ebay, and then with google. company im ceo of, we are trying to democratize design. that horse is out of the barn. it is going to continue. there is nothing we can do to stop that. >> being a chief evangelist at are notfter that, there many places to go. it is not easy to top that. is inhose this because it the business of democratizing design. it is making it possible so you do not have to buy expensive hard to use software or to be a designer to create your own graphics. i had a wonderful time trying to democratize computing with apple, and this is the second time i have been a chief evangelist in my career, and we want to change the world. we want to make it so that people who could not make graphics before can now do this, and this is a huge, huge opportunity. it is also a huge challenge, but it is a very enchanting challenge. >> so any startups out there on your radar? things that are all the rage? keep is almost too hard to track of anymore, because as i said, it is so easy to start a company, and if you a

democratization of information by google. democratizeg to design. this whole thing, that horses out of the barn and will continue. there is nothing we can do to stop that. being achieved evangelist at apple, not a lot of places you can go. not easy to talk that. because itanva is in the business of democratizing design. do you do not have to buy expensive software to create your own graphics. i had a wonderful time to try to democratize computing with apple. the second time i have been achieved evangelist in my career. we want to make it so that people who could not use graphics before can now do this. that is a huge opportunity and a huge challenge but a very enchanting challenge. >> any of the startups on your ?adar caps on >> it is a most too hard to keep track of. if you are in silicon valley they are popping like how corn all the time. basically everything you ever wanted to do, probably somebody else has wanted to do it, too. that is a very good development. andlook at these apps ,ocial media and you say wow that is something i just wanted to

market than twitter, which is still miniscule compared to facebook and google. do you see twitter commanding a greater share of that market? >> this is not a two-horse race now. you have linkedin and others. it is justifiable. i think they need to realize they have got a lot more competition out there, and their dollars are being spread around right now. it is coming. >> to my guests, thank you both comments, and don't forget, i will be having an interview tomorrow with dick costolo, the ceo of twitter. ♪ ♪ >> welcome back to "bloomberg west." i am emily chang. samsung is out with first-quarter earnings, sales gaining 2.3%, but profit fell 3%, $8.2 billion, and samsung posted its lowest sale in its mobile phone business in five quarters. cory johnson is with us in the studio, and brian blair is with us on the phone. so, brian, is this saturation, or is this competition? >> i think it is a little bit of both. we saw some of this last year, and i think things are slowing down in the smartphone market, but there definitely is a competitive aspect, because in ch

now facebook, google, and amazon are pledging money. but will it be enough? ♪ welcome back to bloomberg "west." i'm emily chang. on wednesday i will be interviewing twitter ceo dick costolo. we will be talking about their efforts to attract more mainstream users, its new ad network, and much more. don't miss my interview with dick costolo coming up this wednesday. now to the security flaw exposed earlier this month, heartbleed. it has some tech giant coming together to fund improvements in open-source programs. cori, this is interesting. people tell me that all of these bugs could compromise the future of open source and whether it exists at all. >> it is an interesting story and not easy to say, heartbleed bug. heartbleed bug. the organization has a new innovation because of this heartbleed bug. the director of the linux foundation is now with me. open ssl has not received a lot of financial support like lennox, for example. >> that is right, atypical market failure. if you look at lennox, an important project that has received a lot of funding and is an i

an update from google on itself driving cars. the company says that cars have lost nearly 700,000 autonomous miles. google has been testing the cars around the hometown of mountain view, to improve their ability of driving in urban areas, but they say there are more problems to solve before the car starts driving in other cities. microsoft will begin rolling out its first original xbox tv shows in june am including a reality series called "every street united" which will cover local soccer teams, as well as coverage of the binary music festival. to our lead story, and after the disclosure of the heartblee glitch, there is another glitch affecting the internet explorer browser. this affects about 25% of browsers out there, looking at versions six through 11, although the most recent ones are mainly being hurt. the way it works, it gives the hacker the same level of access as the official user. people that still have microsoft xp, windows xp, are particularly troubled in this case. stoppednson, microsoft providing security patches

i just got my own google glass. what do you think of google glass? this is the version with the glass frames. >> i used to -- i saw a robert brenner. he would google these headphones to get beyonce. it's kind of like the position in technology matters. it would be much cooler than it is now. >> someone told me i was not allowed to wear them in public because i would be a social pariah. you are saying that it doesn't have to do with how it looks. >> it is how it is introduced. if beyonce was wearing it, you would be wearing. how do we and culture technology? >> what about this? >> that is another example of you can't tell time with it. it doesn't display anything. it is a trend. >> that was john maeda. coming up, can you stop hackers from looking through the devices in your home. this will be our next installment of security 101. ♪ >> welcome back to the best of "bloomberg west." i am emily chang. new technology means new security threats. smart coffeemakers and washing machines are constantly collecting data about our habits. how can you be secure?

google buzz, google wave, google friend connect, all three social efforts by google that flopped. is google plus nexed? the head of google's social network is leaving the company after eight years. google says this does not signal the end of google plus. this has no i will pact or our google plus strategy. we have an incredibly talented team that will continue to build great experiences. michael kim joins us via skype from seattle. he worked with vick at microsoft to launch the cloud services and brad stone of bloomberg business week here in the studio who wrote in this week's issue a new story about google's and facebook's fight to control technology. why did vick leave? is google plus dying? >> google plus it continues to be important to google, photos, hangouts. those are growing products. they're being more integrated in android. the identity aspects are more in the seven. the original promise of google plus as a social network didn't work out. we know that. no one is spending time there. perhaps no coincidence, he is leaving after eight years of google. the promise that that

google says this does not signal the end of google plus. a spokesperson telling us this has no impact on our strategy. michael kim joins us via skype from seattle. he worked at microsoft to launch the dot-net cut services and also brad stone with me in the who wrote a new story about google and facebook's fight to control the future of technology. brad, what happened here? is google plus dying? googlee are elements of plus the continued to be very important to google. , hangouts. those are growing products. there being more integrated into android. i think the identity aspects are being closely integrated in the search. the original promise of google plus as a social network did not work out. we all know that. perhaps from an acquisitive, vick is leaving after eight years at google. the promise that product had, which you really staked his name and reputation to, did not work out. >> you worked with them at microsoft. what kind of guy is he? t was similar anywhere trying to get information about people into the cloud, right? >> yes, i had a

google news. but i don't think that people feel like they are getting a voice that they would get on, let's say, bloomberg, or any of the news channel. at the end of the day, you need a human being who will do the final cure ration and describe a story. there are the facts and then there are someone's feelings about the facts and how they talk about the story. that is what happens at that final level of cure ration. -- curation. the kind of view that as the machine is figuring out all of the stories that are useful and valuable. and then the editor is making the final call in reflecting the voice of the news outlet. >> and just in our last 10 seconds, when it comes to stories on, let's say, sports or celebrities, what do you find the greatest amount of content being generated and then ultimately making its way onto television, where is that coming from? >> that is hard to answer. if you think of breaking news that is happening all the time everywhere, sports is the same and entertainment is the sa

.> i think that is part of it i think there is a side story were apple and google -- google change things up with the different share lasses --c la classes. apple is intensely competitive with google. in some ways, they are trying to some of the returns. i could understand why someone would say this is un-apple like. i like the fact that tim cook is being aggressive in doing something like this. >> we do know that tim cook had a meeting with carl icahn. icahn backed down. agreed with he apple's increased buyback and extremely pleased with the results. many analysts failed to understand the company. cory, i know you'll agree with the last part of the statement. do you think icahn knows more about the products that are becoming than the rest of us? to back down or stop rattling ing in thehold company. i think that is the point. like to not be a growth company? yeah. like to split the stock are going through a buyback. the increase in the buyback is the size of 3m. it is an incredible amount of numbers. under mentally, it is a different kind of company than it has been in the past. >> we are

what does google have an stake? an attack on android, i should say. >> google has had this huge proxy battle all over the world. it has been dealing with. and google wants to see android protected and stay safe. it dominates the world. it has beat back the iphone. obviously apple is not going to go down without a fight and so google wants to win every battle it can and this is an important one. >> what is the next phase of this? >> that is the big question. some say no matter what happens it is a pr battle. apple wants to show we are the good guys. i think no matter what happens, it is going to be even more interesting because we've got a billion dollars or so from samsung in the first trial. if they get close to what they are getting, that would be really interesting. we do not know yet. it is very early. this could be big. >> we will continue to follow it closely. thanks so much. amazon prime subscribers consumed a binge watch episodes of "the sopranos." received jail to stream select tv show starting may 21. jon

aer ook, google also port eo. dish network, they have the technology very similar. dave wrote a brief in support of the company saying this is basically what we have, which is we allow people to get broadcast content in whatever way they want. they can record it. essentially new technology doing the same thing that a vcr used to do. down for an exclusive interview with the ceo ahead of today's argument. is the a lot about what vcr never existed. what did he have to say in particular? >> it was interesting that he did not want to say anything. did not take any questions after court let out. he did sit down exclusively yesterday and said he was optimistic that he will win. he said the law is on his side. beenis whole thing has about making sure the consumer gets the signal. not about making a couple of guys rich. and we come. completely different technology. broadcastingsed in and antenna. none of them can dispute the facts because unfortunately in this case they do not have a way to dispute facts because the technology works the way it did. there is all this concocti