they sold 26 million in the first half of the years of the year. they are inching closer to the top two smartphone makers, lenovo and smart some. mike honda is being challenged in the district of silicon valley. we ll be joined to talk about why he is running and the inequality debate here in the bay area. we have a special guest host for the hour. we have the cheapest creative officer for chief creative numeral new,. how is that going? great. we just signed to istanbul. these going all over with festivals of innovation. what you mean by festivals of innovation? we turned the meeting inside out. you can go in and see the company in its native environment. last year was a host company, and they came in and saw how the sausage was made . you also have some of the biggest technology companies in the world signed up to do this. google, adobe, salesforce, twitter. it is also interesting to see companies that are not tech companies. they are also changing how busi
ent.lfand sen its na lo was ompanin te rlilicy sied y e solerce, anowis d foun alec.e gt survllcereinageisotn sa that prisd upam ina po s e nsa in msas. ec e an intentioy ld nen gt, anded es a ptionva infor judialve. ditesiallccidencollecd liciesththated tove the masugg they gaingof vidu and f, and dty haveassiancr to wl anhat isapple and others who are compelled to turn over user data and traffic information. into the internet backbone to get information when they were not getting enough from the company, and exposed a lot more data about individuals that otherwise might not have been gathered. we are still waiting for .esponse to the report john, what is your initial reaction? i don t think this particular report will do a lot to dissuade the concerns of industry or the general public. in january they came out with a scathing report. this report is pretty muted. places where people in the technology industry look for a marker, is this good or bad, those places are li
xiaomi takes aim at apple and samsung. they sold 26 million smart phones in the first half of the year, quadruple the amount from the same period last year. xiamoi is hoping to sell 100 million phones in 2015. shares of shutterfly soared 15% after reports that the online photo company is looking for a buyer. they had hired partners to find possible buyers. shutterfly is on track to post its first annual net loss since 2006. we have a special guest joining us for the day. that is the chief creative officer from newco, also the executive producer of the web 2.0 conference. and the cofounding editor of wired magazine. and the list goes on. but newco is the main thing you are focusing on right now. how is it going? it s going great. we are going all over the world with this new idea. what do you mean by festival of innovation? we turn the standard conference inside out. instead of going to a ballroom and hearing founder speak at you, you go into the company itself and see i
to doing away with a rule that football fans absolutely hate. it is 10:00 a.m. in new york city. you are watching market makers . i am erik schatzker. i am stephanie ruhle. sacked nfl going to get i am betting you thought that was corny. i am cringing, and we know i am the cheese of the show. let s start with the big news ebay spinning off the paypal unit, bowing to carl icahn, who pushed for the split nine months ago. donohue opposed the move and he will be leaving once the spinoff is complete. let s bring in senior marcus correspondent julie hyman. what aren t senior markets correspondent julie hyman. what are investors saying? the conventional wisdom is this does more for paypal than it does for ebay. why are they splitting up? why did carl icahn start pushing for this nine months ago? he felt as though, and it seemed other investors agreed, that paypal was being held back by ebay. than half ofmore the volume of payments from paypal comes from ebay itself. was
chevy, its volt? let s go to apple. m.i.t. s john leonard. you see technology for doing very precise localization in mapping. some of the sort of parts of this what s involved in the google car. so it s a different sort of set of techniques and skills than sort of the traditional detroit auto making industry. tim higgins, i love i didn t think about this but then i saw it. oh, yeah. tim higgins came from detroit. you come here to cover apple. what are the similarities between these companies? for one thing apple is a global company with a lot of cash. costs, about $1 billion for a new car to be created. it costs $1 billion to build a new car? generally speaking. it s an expensive time-consuming process. so apple has a lot of money, $178 billion. so not short of cash. they ve got global operations used to doing supply chain management around the world, used to doing industrial design. used to dealing with retail network. so they have a lot of things in place. that