Happy birthday to the World Wide Web. Www turns 25 today. Search,o a google youll find there are several dates to celebrate our eternal love of the internet. Aday marks the 25 years since proposal to improve the flow of information. A web of notes with links between them. The International Governing Body wwer the internet declared w Technology Free and open to everyone. Everyone in the world can have access to some basic service for an affordable price or for free. A waynk we can do this in that gets people access to some basic services. While increasing the overall number of subscribers. And profits so people can invest more. Zuckerberg talking last month about internet. Org. He wants to bring the internet to billions of people all over the world. What a wonderful way to celebrate the 25th birthday of the World Wide Web. It such an important thing when you think about using any service. Where youre going to share personal and Important Information can we continue to work to make sure that we can share everything the government is asking us. Yeah. Thats that nsa surveillance thing. Today in thes google blog. He wants Internet Users to answer, how can we build systems of checks and balances . Hightech Community Wants this answered as well. Companiesrecall cove like google and facebook being not so happy. They did not knock or call. They didnt send a letter. They just visited. [laughter] they visited. Eric schmidt has been vocal about the spying issues. Today he wrote, over the next decade, 5 Million People will become connected to the internet. The biggest increases will be in that are severely censored. They went on to say, its possible to and repressive internet censorship within a decade. It if we want the next generation of users to be free, you dont see any other option. He wrote about the issue of trust being the most fundamental issue. The yahoos ceo cannot agree more. Davos. He is back in transparency. The ability to warn others so we can help our users understand exactly how many requests we are getting. And how that data is going to be used. We need to be able to rebuild trust with our users. Do you feel that trust has fallen because of this . I definitely think so. Within the u. S. , but internationally. There are other countries that have concerns about what the nsa is looking at. I think transparency is something that we need. We can find one more person out there who wants a free and open internet. When we think with what is happened with the nsa in the beendecade, the result has an adversarial internet. A global free fire zone. Nothing that we have ever asked for. Its not what we wanted. Snowden cracked open this massive can of forms last year when he explodes when you exposed the nsa data tracking. It sparked a firestorm in washington. Here is one voice that was loud and clear. The whole purpose of this program is to provide instantaneous information to be able to disrupt any plot that may be taking place. It has not been abused or misused. It is carried out by very strictly vetted and professional people. I think a lot of the privacy people perhaps dont understand that we still occupy the role of the great satan. New bombs are being devised. New terrorists are merging. A new level of viciousness. I think we need to be prepared and we need to do it in a way that respects peoples privacy rights. That was diane feinstein. The chairman of the Senate Intelligence community. Intelligence committee. After a series of meetings, i learned that on two occasions, cia personnel electronically removed Committee Access to cia documents after providing them to the committee. This included roughly 870 documents. February removed in 2010. Roughly another 50 that were removed in midmay 2010. This was done without the knowledge or approval of Committee Members or staff. In violation of our written agreement. It seems senator feinstein now in a fight with the cia over the agencies fiddling with her Computer Network set up for the committee to investigate treatment of suspected terrorists. She accused the agency of improper and possibly criminal actions. The recent actions that i have just laid out make this a defining moment for the oversight of our Intelligence Committee. How congress and how this will be resolved will show whether or not the Intelligence Committee can be effective in monitoring and investigating our nations intelligence activities. Thwarteder it can be by those we ever see. Marco rubio is a member of feinsteins Intelligence Committee. We asked him what he thought about her accusations. I think that story has two sides. I think its more complicated than whats being put out there. At the end of the day, there impartialan investigation as to what happened. You may end up finding out that both sides are to blame here. That both sides committed mistakes. We will hear more from senator rubio later this hour, including speculation about his potential president ial bid. Hacking dispute is timely. Given the 25th anniversary of the World Wide Web. One of the women who worked in the early days of the web wrote that governments are playing fast and loose with our personal data. It goes unchecked, it will destroy the web and set nations against each other and against their citizens. There are other Important National matters. President obama hits the gap with a message. Gap. Hing you cannot buy it a drone capable of shooting a dart which can stun people at up to 80,000 volts. We will show you, coming up. This is lunch money on Bloomberg Television. Im adam johnson. Shopping. Obama goes the leader of the free world went to the gap. It he was not just their two buy dad genes. Buy dad jeans. It never hurts to bring Something Back when youre on a road trip. I want you to take that step. Heard me talk about the importance of giving america a race. Corporate profits are doing well. Stock market is doing well. For a lot of folks out there, they have not seen a raise in a long time. Their incomes are flat. Not only do i think its quickly important for those in the federal government to make sure they are paying 10. 10 an hour, im pushing congress to pass a federal raise in the minimum wage. Mrs. Could take initiative businesses could take initiative to make sure that folks are not living in poverty. To flex hisns president ial powers tomorrow, signing an executive order on overtime pay. They will have to modify rules so more people could be eligible for overtime. Overtime must be paid to salary dyed he can be denied to workers who are considered executive, administrative or professional. He said he plans on using the hisce the power of office to make changes. Obama is trying to boost pay for all workers by increasing the federal minimum wage to 10. 10 an hour. It the former chairman of sacks we spoke about whether that decision would actually hurt or help the economy. I think the issue of minimum wage is a complex one. It the Congressional Budget Office indicated that you could lose 500,000 jobs. There are alternative ways we could be addressing this. Whether its minimum wage or an income tax credit or alternatives in terms of helping the employees its not a simple answer. It seems like a simple answer. According to the democrats. You want to lift americans out of poverty, lets raise the wage. Why is it so complicated for retailers . Small businesses who are on the edge are going to have a very tough time with the minimum wage issue. Most Large Companies are already paying above minimum wage. Itsssue here is one of going to have billions of dollars of impact. Potential employee risk. In the longer term, accelerated economic growth. If you have the economy growing, that creates more job to these. Its going to create the opportunity for more wealth at all levels. Bloomberg National Poll found that 69 of americans approve of president obamas call to raise the minimum wage. They are evenly split on his overall job performance. 48 approve and disapprove. We should point out, this is up from decembers 42 approval rating. The biggest positive change of his presidency. One thing that might help explain the upsurge, appearances like this one. You must think that you can run three times. Its a good idea. If i ran a third time, it would be like doing a third hangover movie. You know what i would do . I would make samesex divorce illegal. Then see how bad they wanted. I think thats why youre not the president. Do you go to any websites that are. Com or. Net or do you stick with. Gov . To. Govs. Have you held of healthcare. Gov . Here we go. Thats get this out of the way. Have you heard of the Affordable Care act . I heard about that. Thats the thing that didnt work. Why would you get the guy who created the zune to make your website . Healthcare. Gov works great now. Millions of americans have already gotten Health Insurance plans. What we want is for people to know that you can get Affordable Health care. Most Young Americans right now are not covered. The truth is, they can get coverage for what it would cost to pay your cell phone bill. It is already reached over 11 million views. According to a white house spokesman, traffic on healthcare. Gov was up 40 on tuesday. Way to go. Yesterday, the department of health and Human Services released its february numbers for the Affordable Care act. 4. 2 million folks have enrolled now. Nagin hughes has more details. Thehats from october when exchange was rolled out to march 1. Thats the big picture. To look at february specifically, those enrollments were down from january. Cbo projected that by the end of next month, 6 Million People would be signed up. That is when the enrollment peri od closes. Original projections were around 7 million. They revised it because of those problems with the website. One other thing to point out, a key demographic did grow faster than any other age group. An increase of 268 thousand. Still, slower than last month. George says there are bigger problems well beyond the euro crisis. Coming up in innovation, we will go inside a u. S. Factory that is building european helicopters. We will be right back. We want to get straight to some breaking news. That building explosion that occurred earlier this morning in east harlem. Two women that have been killed. At least one building has collapsed. The new York City FireDepartment Said minor wounds were too numerous to count. Into elevated tracks for metronorth that were running in and out of grand central. The new york police now saying that at least two females are dead in an explosion in east harlem that occurred around 9 30 a. M. The blast came about 15 minutes after a neighbor reported smelling gas. That. Men are dead in we will continue to follow that for you and bring you the latest. This is lunch money. Im adam johnson. For a soros was known legendary bet against the british pound. He made over 1 billion. That was just one week. It all happened as europe was trying to unify and bring about the euro, which has been emerging from a number of crises over the last couple of decades. It francine sat down with mr. Soros today and asked for an update. The financial crisis is over. But now you are facing a political crisis. Transformedsis has voluntaryeant to be a association of equal sovereign for thehat sacrifice greater good. Into something radically different. It is now a relationship of bettors where the debtors have andiculty in paying servicing their debt. That puts the creditors in charge. Eurozone into two classes. The debtors and the creditors are in charge. Policy thaty, the germany is imposing on europe is counterproductive. Condition ofthe the debtor countries worse and worse. Europe is already growing out of the eurozone. Germany is forging ahead. Italy is now falling behind. What about the u. S. . Here is mr. Soros on the american economy. The u. S. Economy is actually relatively the best functioning. It is a reflection on the global economy. Economy has its own momentum. Its not following optimum policies at all. Internalf the political struggles which have not been resolved. Fullu can watch the interview with george soros at bloomberg. Com tv or go to our awardwinning app. Marco rubio for president . 6 run. Oughts on a 201 well talk about the daredevil taking his wing sue to the skies. Specifically, mount everest. Its 26 minutes after the hour. Bloomberg tv is on the markets. Im olivia sterns. Are fluctuating between gains and losses. The s p and dow are in the red but the nasdaq is trading higher. All the benchmarks of concession lows. Shares of fannie mae and freddie mac both plunging after leaders of the Senate Banking committee announced bipartisan plans to dismantle the companies. The measure would replace them with Government Bond insurers. The safety net would kick in once primal capital lost at least 10 . The senator said they would introduce the bill in the coming days. Againl be on the markets in 30 minutes. This is lunch money. Im adam johnson. ,odays moving pictures now video is the story. Two people were killed in explosion in east harlem. A building collapsed and a far of a lime fires ready to an adjoining building. More than 150 firefighters worked to contain the blaze. Violence erupted in turkey after a teenage boy was injured by police last year. He died yesterday. The 15yearold was hit in the head by tear gas cans last summer when Police Crackdown on a street protest. It triggered protests in cities across turkey. In alaska, after eight days on the trail and more than 1000 crossed thed, they finish line to win the iditarod. A snowstorm with high winds slowed the lead much or. These dogs ran a blistering pace to pick up fo ground. Today in politics, florida senator marco rubio is shifting gears after feeling some heat from the conservative causes for supporting immigration reform. He is focusing instead on the u. S. Economy. He sat down with bloombergs chief washington correspondent peter cook yesterday. To hiso rubio has things minutes. But he also has that immigration issue hanging out there like a huge red flag for republican voters. He has to get back. He has things to his advantage. He also has that immigration issue hanging out there like a huge red flag republican voters. A little background here. His parents are cuban. They came to florida in the 1950s. E orderedation judg authorities to deport his father. His parents were eventually naturalized. For four years, rubios father might have been undocumented. That may have informed his own views about immigration. His father seems to have a slightly different focus than his conservative base. At a could not arrive better solution so we could get it done. It will be difficult to do anything comprehensive. People dont like to hear this but its true. Given the lack of trust in its president that republicans have. Round up and deport 12 Million People. Which of the consequences be for having violated our immigration laws echo what is the process by which you integrate these people into the American Society echo and prevent this from happening again in the future . Rubio, one of the Top Republican contenders for 2016. The irishcording to bookmaker. In a close second, chris christie. Wilson and her run in 2016 . Outhere is this notion there that our economic problems are directly linked to the downturn in in the 2007 economy and the ramifications of that. That is part of it. My argument is that what we are facing goes much deeper than that. It has to do with systemic change in our economy. It is a global economy. Automation is real. The result is, people have found jobs that they once relied on to get through the middle class have been outsourced or turned into machines. The 21st century is not about challenges. Its also about opportunities. This new postindustrial economy created very real opportunity. Real problem we face is the full nott of the challenges and capitalizing on those opportunities. One of the reasons why is our solutions and laws have not caught up to that reality. We are still trying to treat this like a cyclical downturn as opposed to what it is. A systemic change in the very nature of our economic loss. You put a tax overhaul on how would you approach this issue differently from them . The focus needs to be on the fundamentals. They are based on two things. Markets and encouraging innovation and investment. Globally competitive economy how do we position america to successfully compete . You can watch more that interview on bloomberg. Com or go to our awardwinning tablet app. Am of theand property ceo behind one of new york citys biggest developments called hudson yards. We are going to show you some of the lavish hotel suites in the caesars palace. Coming up. Property, the Company Behind some of new york citys biggest developers. He spoke to betty liu about one of the biggest projects. A city within a city. Hudson yards is 28 acres of land that we control on the west side of manhattan. Hudson yards will truly become the new center of new york city. The new transportation going over there with the new seven subway line. . How is that going its almost finished and it should open this year. Back to that question, time warner is one of your tenants. Be recently purchased their office space back from them. We did that in partnership with two separate funds. To hudsontted to go yards. They will stay in place for the next five years while we lease the building. They will anchor our Second Office tower. The second tower will be 2. 6 million square feet. What did it take to convince them to move over there . It did not take a lot, actually. Fancy New Buildings in new york to fancy buildings in las vegas. Hotel suites when only the best will do. Think amazon delivery drones are controversially . A drone that shoots stun darts. One adventurer plans to fly at the highest peak on the planet. In todays innovation, we are taking flight. Opened itshelicopter first plant in the United States 10 years ago. The European Company moved to the u. S. To gain access to government contracts. It seems to work. Theyre the largest helicopter provider to the department of Homeland Security. It also accounts for more than 50 of all commercial helicopters sold in the u. S. Heres look at how these are made. I work for euro copter because i like to fly. I have been flying for 31 years. There are a lot of different models. I like the responsiveness of it. I like the power. It is the largest in the United States in terms of sales. We are a global manufacturer. We market it globally. The advantage for the u. S. Market is, it is the largest Helicopter Market in the world. Having this facility here is a tremendous advantage. To get to know your customer and be close to your customer. We are the largest helicopter provider to the department of Homeland Security and provide a aircraft of the Border Patrol and the u. S. Coast guard. In the tour is a ministry a lot. And electronic newsgathering industry. Frenchgerman company. Wanted to invest in this plant before we got any government contracts. Because it was a showcase of innovation. A couple of years later, we won the army. Here in our mississippi plant, we move into electrical and avionics where all of the wiring and electrical components are installed. Mostngines are one of the expensive parts of the aircraft. The engines are provided to us by the company in texas. We are now moving into our testing and rigging area. It is where we actually install the Flight Control hardware. Then we move into flight operation. We love mississippi. It is a great state to do business for us. We have low cost of power and energy here. Qualified workforce we dont have a whole lot of pressure from our competitors in the state. Its a great partnership. Now lets talk drones. A drone capable of shooting a dart that can stun people with up to 80,000 volts. Produced by Company Called chaotic moon. They just demonstrated the system. The chief innovation officer explains how and why this thing was built. Its a pretty standard hexa copter. Wereomponents that we used things that were ordered over the internet. It took a short amount of time to get up and running. Is important issue is, this something that we need to start paying attention to because often people build things with technology and dont stop to think about the ramifications of it. From a take something video game and build it for only a few thousand dollars in a short amount of time. And really raise awareness with not just legislators and engineers, but with the public in general. They will be governed and affected by these types of technologies. How did you test this . We actually had a mannequin and we added special darts. Ofdid about three weeks testing. People from our company were very excited to be the one in the video. We had a trial. Is an intern. He was picked because he is physically superior to most of us geeks. If he is physically superior to most of the geeks, what was the response from the engineers at the company as a result of all of the publicity that keep it has received . We are very excited. In a series ofst Technology Demonstrations to raise Public Awareness of just how far we have come and how easy it is for all the manner of things to be created. Up we will do that by having a pendulum swing. We are going to do some really well planned, well controlled experiments. Unlike our other projects, we will not be sharing any of the code. As soon as we are done, we will disassemble cupid back into its Component Parts and the lab. Now to flight without the motor. This man is going to take that suit to the top of mount everest. We caught up with them near los angeles. Main thing about this particular jump is you have to get up to the tallest mountain in the world and get to the top grade i dont know any other base jumper that has ever done that. Im more nervous now in california then i will be when im actually standing there. Everything about the setup is going to be different. Im going to have all this and much harsher conditions. A very specific mechanism to jump off and land. It has never been seen before. Technology and equipment that is never been used. This suit allows me a lot more flexibility in my arms and legs. I have to take multiple steps. These are a lot bigger than what it looks like here. Will havemet, i cameras. Youll see multiple positions inside the sea. I will also have different transmitters and batteries. I will have a survival pack. Jumping off, your arms are up a bit more like this. Then they retract the arms a bit. Coming from here down to about here and then leaning forward, thats be generates into lift and allows me to fly out. I dont like to use the word superhero. Im doing something i should not be able to do. I have done most of the things i wanted to do. Blast cap at the the end. I will probably end up in space, to. Success at everest. He jumped over matterhorn in 2009. That is wild stuff. We will be back again tomorrow. Same time. We are at 56 past the hour, which means Bloomberg Television is on the markets. Lets get you caught up on the markets, starting with stocks. Equity markets off session lows right now. The s p and dow in the red. The nasdaq climbing higher. Not a lot of Major Economic data out in the u. S. Concerns about a slowdown in china. We are watching the bond market. Yields falling for the Third Straight day. This comes after we heard from double line capital, saying yields will fall even further the 10 yearutting at 2. 5 . This morning, betty liu asked jpmorgans jeffrey about his outlook. If you look at the fixed income universe today and think about which areas of the market will do better, i would say you would want to be moving away from Interest Rate risk and think about credit risk. Move away from the unhealthy balance sheet. On itsfed will stack asset purchases, you will see treasuries continued to back up. That is probably one area that i want to avoid. Its time now for todays insight and action. Adam johnson has some important technical analysis. Were talking head and shoulders. Not the shampoo. The cell signal. Take a look at this picture perfect head and shoulders formation that we are seeing in natural gas right now. Head and shoulders is real simple. Price action that starts to go up forms what is called the left shoulder. It rallies up to come back down and form the right shoulder. Typically, you get a move back down to what technical strategists like to call the neckline. Once you formas that shoulder. There is one other thing that can confirm head and shoulders. You can have decreasing volume. We added volume to this chart and that is what youre seeing. Forget about the fancy words. Think about the fact that volume is falling. You go up and you go up again and you come back down and volume is falling the whole time. It has lost momentum. Thats what i have and shoulders what a head and shoulders formation is. If youre not a chart kind of guy, ok, we have a couple of other things you might want to Pay Attention to. Nat gas is up 8. 2 . Is average for this time down 18. 7 on the year. Right because its midmarch. We are coming out of the winter. Prices are usually down this time of year. If you can go up to april and they stayed out. 18. 9 . Look at this. The april forecast, down 7. 4 . We are up 8. 2 . The analysts say we will down 7. 4 . You can look at history or you can look at the future with the analyst. All three suggest that natural gas is going down. Adam johnson with the head and shoulders technical analysis. We will be on the markets can in 30 minutes. Bloomberg west is coming up next. Stay tuned. Live from pier three in san francisco, welcome to bloomberg west. I am emily chang. King sets the valuation as much as 7. 6 billion as we get an initial rice range for ipo shares. We will talk about that in a moment. Also, the World Wide Web celebrates its 25th birthday from founding father calling