Ecommerce search results weighing on the business, but the paypal unit showing solid growth. Apple has agreed to pay 450 Million Dollars to settle allegations that it conspired to fix ebook prices. The trial between them and 33 attorney generals was going to start this month. Apple just paired with ibm to improve enterprise business. To our lead story of the day, Rupert Murdoch looking for a new piece to his media empire and hes hoping time warner is the perfect fit. Time warner has rejected the initial bid and murdoch is said to be willing to pay more to get the owner of hbo, cnn, turner, and more. It was first brought to the attention by murdochs deputy over lunch last month in new york. He was concerned about a number of factors including succession plans, the fox share structure, and the future of cnn. I want to bring in senior west coast correspondent Jon Erlichman with us from l. A. Youve been reporting on this all day long. What is the latest on what we know now . Well, look at
Murdoch is said to be willing to pay more in order to get the owner of hbo and all that stuff. People familiar with the matter say he was concerned when a number of factors, including lambs and foxs share structure and the future of cnn. Them andng spoke with a reporter jeff mccracken. He was previously a managing director at time warner investments where he worked with various operating groups, including aol, hbo, time warner, all those. We started by asking what he thinks of the proposed deal. I think this means this makes a lot of sense for fox. What he has them is a shed a core assets. For fox it makes sense because they are buying a crown jewel asset. For time warner i can see why they created a lot of values. They are pushing back on a deal at this point. You have been reporting on this from the beginning. You know how this started to come together. Give us details. It all starts with a friendly lunch in new york. Jeff bewkes gets together with jay scarry and chase drops the idea
He said he would be willing to. Ay more first brought the attention of kerry and lunch in new york. People seem concerned about number of factors, including lands for a share structure and the future of cnn. For more we spoke with Jeff Mccracken and niels akira. Previously a managing director at time warner investments, where he worked with various operating groups. Emily started by asking him what he thinks of the proposed deal. This makes a lot of sense for fox. What jeff has done over the last 10 years is shed core assets and increase value for time warner. I think of for fox it makes sense, they are purchasing a crown jewel asset area for time warner i can see why they think they have created a lot of value. Reporting oneen this from the very beginning. You know how this started to come together. It starts with a friendly lunch in new york in early june. He gets together with chase carey, who drops the idea of a big merger. Then there are three really big issues. One, what is the p
Nasdaq down by about 20. Lets get to the other story of the morning. Charter communications buying Time Warner Cable for 195 in share in cash and stock. That deal is about 55 billion. They rejected charter last year instead going for the comcast transaction. Todays news comes after months of speculation and after contrast dropped its 45. 2 billion merger agreement over antitrust concerns. That transaction was blocked but time warner looking like theyll get the better deal in all of this. We all looked at the comcast deal and said are you crazy youre going to get nothing when this is all over. 2 billion break up fee. But more than that you get a much higher price and a much greater likelihood that this deal will go through although rich greenfield had a very interesting comment this morning, i dont know if you saw it which suggested that while everybody thinks this will go through if people know im going to get it to airlines joe so watch out, if the government was wary they allowed the
With roasted and mixed with grains, and its locally sourced whole bull testicles. Thats whats in it. Its available at denvers wynkoop brewing company. In honor of bobbie were going to ask bobbies biggest fan over here, anthony, to take a sip of it. Wheres anthony, is he here . Oh, no i thought that was anthony over here. Sara, come over here and have some bull testicles. Sara will drink anything. Look at this little boy we found outside, hes from calgary, alberta, canada. What is in it . Bull testicles. I thought it was beer it is. Okay. Oh, my gosh, i thought it was beer. Thats how you start a show. Okay, if you were snuggled up you dont die from them, its okay. If youre watching the voice last night i was watching the debate. The voice was on. Again, were going to show you two people and youre going to choose the one. This is team adams team, brandon and nicole and they were singing aint no Mountain High enough. Mix may be a little funky, but youll get it. Oh no darling no wind no ra