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
Mortgage applications. Old news. Trade balance is ancient news. It is not employment news. You go. Janet yellen is not paying that much attention. Hey, she is watching everything. [laughter] she has the star trek enterprise of dashboards. We call that the bloomberg terminal. Continue. We have time warner in the next hour. Chesapeake and aol. Cody for century fox. 21st century fox. What a shock that was yesterday. Wow. Topic at be a major bloomberg surveillance. We look at the transactions of media. Lets look at the transaction, which is your data check. Weight to the screen here. We will talk about that. The euro was weaker. On to the next screen. The vix shows some of the tension. The ruble is a big deal this morning. Over 36. L out. 105. Is under brendan, help me here. You spend a lot of time in brussels. What is nato going to do . Something interesting. More and more people pay attention, the foreign minister of poland, he is the one willing say that european leaders things that mak
Up the c suite with ceo dan has he been replaced. Hessy being replaced. And Goldman Sachs and j. P. Morgan, according to regulate us, have not shown that they can collapse without causing Severe Damage to the economy. They are still too big to fail. And as i just mentioned, a morning of failed deals, both in telecom and media. Is someone who has had one of the most successful 10 years of any media company. Bob wright is the former chairman and cto of nbc universal. He is also the cofounder of his company. Make you for being with us. Is anything happening here . The last time you are on, there was lots of media news. You always find the perfect day to come on our show. Off, what do you make of Rupert Murdochs nondeal . Speaks forhat itself. He got out there with a very attractive offer, and offer i hope nobody would talk, top, which appears to be the case. Maybe they had some expectation it would move a bit and i felt like and maybe he felt like it was negatively affecting his stock. Th
Owner, all that stuff. The deal was first brought to the attention of time warner chairman and c. E. O. By murdoch deputy over lunch in new york last month. But people familiar with the matter say he was concerned about a number of factors, including the plans, foxs share structure, and the future of cnn. For more, emily change spoke with jeff and neil, the managing director at general catalyst partners. Kneel was previously at time warner investments, where he worked with various groups, and emily started by asking what he thinks of the proposed deal. I think this deal makes a lot of sense for fox, and what i think jeff has done over the last 10 years is shed poor assets and increase shareholder value for time warner. I think for fox, it makes sense, because theyre buying a crown jewel asset. For time warner, i can see why they think they created a lot of values, so theyre pushing back on closing the deal at this pofpblete jeff, youve been reporting on this from the very beginning. Yo
Usernames and passwords. We have more on how the hackers got this information. China is already causing headaches for apple. The Chinese Government has productse purchase of due to security concerns and that means that the apps may be a tough sell to chinese companies. To our lead story. How safe is your data online . The question is front and center after a report that a group of hackers stole 1. 2 billion unique usernames and password combinations, and more than 500 million email addresses. The stolen information was collected from more than 420 web 420,000 websites. They did not name the affected websites, but they are said to include household names. Our guest is the Vice President of strategy at shape security. Schuman, it sounds very bad. How worried should our users be echo it is difficult how worried should our viewers be . Is the goal to say. We will probably learn more in the next few days it is difficult to say. We will probably learn more in the next two days. It is definit