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

google made google glass for sale to the general public this week, but for one day only. it cost $1800 for axis to the program -- $1500 for axis to the program. we sat down to talk about who will could go mainstream. >> who will is still in beta at this point of and we talk about a $1500 price point it is still very much intended toward developers to experiment on applications. the reality is if you try the product, and he read the reviews it's probably going to be a while before becomes a mass-market hit. it is perhaps interesting to those of us who live here in the valley, we welcome new technology, but it will be a while before mainstream advice this in a broadscale way. >> i was told zero chance of having it going mainstream? >> it is too early to predict that. i would not make that prediction myself. when we saw the google by android in 2005, we saw them winning the -- put the operating system and everything of and without they were not spread into that google has executed incredibly well, so i would not count him out at this point. greg said terms of wearables in ge

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

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

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

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

most of it went to google. is that a strategy you expect to we have great websites and they convert tremendously well. we continue to look to google as well as two other source of is kayak orher it trip advisor. there are other places where we go and buy our demand. we continue to buy from most channels as long as the returns are there. we are seeing that our returns on all the channels are great. the day we would love our customers to be more direct. we use google and other sources of demand to find customers and show them how wonderful our products are. >> google is making more aggressive moves in your territory. obviously, they bought ita. how big a competitor g you expect them to be going forward? as angle respects us advertiser. they rely to get more of my money. codeecent acquisition of from room 77, that is not the biggest thing that has happened. google has been working on hotel price as for years. they want to continue to make that better. i think the biggest issue we face competitively is not google,

also, things like google glass. we have profiled students at usc who are now, as part of their curriculum, trying to see what is possible, what kinds of different projects they can launch that would be using something like google glass. there is a lot of opportunity out there. we are going to focus on those various things over the course of the week. >> let us compare that with the changes in the movie watching experience. >> a lot of filmmakers and producers will say, the end of the day, it is about good stories. that is true. but there is no doubt that new technology and new platforms allows for the story to change in some ways. we talk so much about netflix. we talk about binge watching. there are great examples and some of the shows that have been successful on those platforms being successful because people can gobble them up all at once. tot is being factored in future productions that are taking place. that is definitely a big theme. >> when it comes to movie financing, things like kickstarter have had some i

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

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

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

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

.> 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

google and facebook said they are not vulnerable. what we don't know is if they were vulnerable before it was fixed or if they were never vulnerable in the first place. a lot of large organizations like ankara never vulnerable because they don't use open ssl. there's a wide range of web companies that were either vulnerable before and have been fixed or were never vulnerable in the first place. we just don't know the answer. >> its interesting to me that the most threatening thing of all was the inability to see into any computer's ram. >> right, let me take a step back. i would not say that banks were not vulnerable, because you have to understand that ssl not only used on websites, but tpn and e-mail. atms, all of these used ssl. the question is, were they using a vulnerable version of that. to say that the fix has been put out bye fix has been put the open ssl foundation. in fact, i was on a flight last night. i was compiling at 10 p.m.. to get your question, yes, you are actually looking at arbitrary data in the working ram. this

>> the way android works, except for google own devices is if you have a samsung phone, google puts out a pass for android, samsung is responsible or your wireless carrier is responsible or posting that to you. >> -- for pushing that to you. let's imagine that my phone got hacked and i have a samsung phone that did not get an update, our samsung and verizon going to be on the hook for losses? >> is an interesting question. google was asked about updating their own services. this is the weak link. it's harder to attack a phone versus a website. you have to do it one by one but it means that samsung and verizon and at&t are the ones responsible for fixing these devices. >> what about the cisco juniper? >> these are the guys whose equipment are the guts of the internet. the things go wrong with devices, those need to be fixed quickly. >> how do you fix them? >> you have to apply a patch and it is a similar situation. you have to do the patches one by one. one person has to download the patch for a device or one router owner to download the patch for his or her router so it takes longer eve

, 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

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

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

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.

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

if they come out with a set-top box, they will compete with google comcast. talk to us about the competitive landscape and where they might fit in. >> you have to befriend amazed -- frenemies. they have to maintain the relationship. a lot of people have wondered if you see a box of the will netflix be available on it? it is one of the most strained services out there. i think amazon has to realize you can have a box in business tied to that and can build out your streaming service am a which i think they have been doing for a few reasons. i think it helps the prime offering, which people like because you get free shipping. video is a big part of that. dvdse are buying fewer these days. if you can get a robust service like the video service they have been building, maybe that is the thato save the business arguably has been in decline because people do not necessarily go to amazon to buy as many dvds as they once did. they're more likely to get digital. >> talking about higher-quality or cable like contact, is that about production value and more money spent i