Social network spend a fortune on a fortune on the fiveyear old instant messaging service . We got paul kedrosky, bloomberg contributing editor, also deals reporter cristina alesci. 19 billion. It is a huge number. How does facebook justify this . Number. It is a big i was just looking at the numbers last night, the largest Venture Capital based company in history which is remarkable, so the way to get at this kind of valuation is on a basis. 400 million users, maybe a billion by the end of the year, adding a million users a day. So on a per user basis, which is the metric we use with the instagram acquisition, dating back to these network of acquisitions come about 40, which puts it on par with apps of with other acquisitions of this area. Lets notw, cristina, forget that snapchat turned down 3 billion dollars from facebook. To that have an effect, cristina alesci, on the valuation for what we are seeing on whatsapp . It is unclear, but facebook needs to grow users, and how much they
Additional economic sanctions on russia. This is just over two hours. Go. The committee will come to order. Twant to welcome our panelists and thank them for taking time co to or to share their perspective with committee on developments in ukraine, which appear only slightly less ominous than they did in act one of this crisis. Now, were in the beginning of t act twhao with the successful election of a president by the ukrainian people, intion of pren internationally certifie certifd elections, which is a victory for ukrainians struggle for freedom. Divisions between east and west, significantly president Petro Poroshenko won districts from one end of ukraine to the other. It seems clear that with russias violation of sovereignty, it unified ukrainians better than before. The challenges president poroshenko has are daunting. He must rebuild an economy weakened by the previous president s corruption. While countering prudent in the east. We are committed to working with , tonew governme
Reasons. Laces we cannot deport people to, like cuba, for example. And our job is not to house these people, to house people strictly for criminal violations. That is our role. So if they have completed their senses through the u. S. Their sentences through the u. S. Criminal justice system, there is not much we can do. They focused on people who committed recent crimes. Unfortunately we are tight on time. We have been speaking with alan gomez from usa today. That is all the time we have today on washington journal. Join us tomorrow at 7 00 a. M. Eastern now we will head to the Senate Foreign Relations Committee taking a look at the recent elections in ukraine and its current impact on Foreign Relations in the country. Good morning. This hearing of the Senate Foreign Relations Committee will come to order. I want to welcome our panelists and thank them for taking time, for sharing their perspective on developments in the ukraine, which appear only slightly less ominous than they did in
Great to see you, im john berman. Im kate bolduan. Following a lot of breaking news at this hour. The first round of Jordanian Air strikes against isis have begun with u. S. Warplanes flying alongside in support. The target . Isis positions inside syria. This is revenge. No other weigh to put it. Revenge for the barbaric murder of jordanian pilot muath al kasasbeh, burned alive in a cage by isis militants. A jordanian Spokesman Says this is the muslims war now. He spoke to cnn a short time ago. Youll hear him using the term daesh which is a director term for isis. This is our war. This is the muslim world war because daesh is an affront to jordan in putting threats to saudi arabia and kuwait and other gulf countries as well as iraq and syria, of course. So it is logical for all of us to say and understand and accept that this is our war, especially that daesh is committing this war in the name of islam which is absolutely incorrect and not true. The king of jordan has vowed a relentles
Resisting requests for documents. Democratic leaders finding back warning pompeo against obstructing the investigation accusing him of having a conflict of interest since he failed to mention being on the call between the ukraine and President Trump. The president is echoing right wing Media Outlets comparing the impeachment process to an illegal coup. Were seeing that word a lot. Well hear from House Speaker nancy pelosi and adam schiff in the next hour. Were covering all the angles this morning. Lets begin with cnn reporter lauren fox. This is an unusual briefing on the hill by the Inspector General. Do we have any idea what the subject of the briefing is . Reporter were trying to get more information about the Inspector General is going to talk to Congressional Staff members in this briefing. When the news came down yesterday, it was surprising. People on capitol hill were caught off guard saying it was highly unusual. Saying this cryptic message from the state department ig was p s