Twitter employees and a Saudi National of spying on users for saudi arabia. Marks the first time that federal prosecutors publicly accused of saudi kingdom of running agents here in the united states, and raises new questions about security of our personal information online. This is bulls and bears, i am david asman, thank you for joining us, join joining me on e panel today, Justice Department says that twitter employee are accused of accessing user email address, birthdays and other personal information from more than 6,000 twitter accounts, they were seep as critic seen as critics of the saudi government. Twitter said they restrict access to sensitive account information to a limited group of trained and vetted employees, but there are holes in the system, is there anything thing Twitter Facebook and other soisl Media Companies can do to convince us our information is safe. No. It is not safe, everyone just has to recognize that everything you put on the internet, all that is vulnerable. Most of us dont have to worry about retribution from saudi government, but a lot of people had careers ruined by sending ought a out a tweet or post to facebook that comes to haunt them 10 years later, a reminder to be very careful how you engage in social media. Were out there, i read it over 2 or three times before im not. Twittetwitter has over 350 milln users, there is no way you can catch every thing. Whether you have bad players, it takes just one or two, figure the saudis, i am sure the russians are out there too, i am sure everyone is out there, i think they do the best they can, but, not sure that enough, we as individuals can only watch what we say, and watch what we do, dont do something stupid like mean do. This is a pox on saudi arabia not big technology. Sawrsaudi arabia is a islamist brutal dictatorship. They were using twitter to find people who would critique his dedictatorship. They were look ing t looking tok people. The problem is the islamist republic of saudi arabia. It plays to fact that inspite of all this and the ca it is in your economic and political self interest to do so. Im trying to say, we should be able to do same thing without china, without going to we should cut up relations with them, and penalize them and be punitive. We do not govern the world, this is a clear example of that. We can deal maturely with allies with allies. David push back on you, and jonathan a little bit, there are things we can do. The saudis went and found individuals who were working at twitter they bribed, they paid them cash, fancy watches, it shows that kind of vulnerability, there are laws again that. That is why these people are under arrest. That is why they think there are ways to police the situation, wont that make it better. I think that problem is just the scale. If you go after every employee and monitoring every employee at facebook, google maybe you have to, liz, maybe you have to. This is up to the individual to be cautious about their own personal. David maybe they have to be more cautious about their employees. You know they will. David i dont know that. This proves otherwise. But there are bad apples in every bushel, and facebook and twitter will take it more seriously. But saudi arabia are the villains here. For perpetrating this. Do you not think china has access and russia the same. Sawesaudi arabia may be a terrie government, there a lot of terrible governments in the world, they all have some way, when it appears china broke in stole 22 highly classify american data that was egregious breach, weve really never done anything about it. We have the same capabilities we should and maintain and alerted the world to what the National Security agency is capable of doing, probably in order a magnitude greater than the rest. And in 1990s said have you now privacy get over it. As a operating principle that is good, with global espyio espione have laws about that. David 6,000 people were target oned. Who said stuff that was critical of the saudi government. And you mentioned khashoggi, this is possible that one of those could be harmed as a result. I disagree with liz, i disagree with a lot. But, i do think that facebook, twittering all social Media Companies have to do a much better job at monitoring their employees. I dont think that any of these Big Tech Companies knew how big they would get and how responsibility they would have to be. David wake up, they have the money, do it. They had to adjust to the environment. I get it, but remember other part, we have serious authorities nsa, we know what they tell us what they want us to know. They are watching, i gather there are partnerships going on between our government and the companies. To find the bad actors like the saudis, i guarantee there are more out there. I think one last comment, it seems to me that u. S. Government is no better protecting our data than the companies. I think that is what i was alluding to with the opm breach, no one has figured out how to lockdown information, maybe it should be encrypted. It out there. President s henchmen are not going to chop you up if you are critical of him the same way that mbs will. The chinese stole it big time, they are just as worrisome as saudis. David in this case, a message needs to be sent to the employees, you cannot do this. That is why Law Enforcement got in there and pressing home that message. Scott mcnealy was so right so many years ago in front of all this, were all out there, all our information is out there and we gleefuly and gladly give it out to some places that go to others, i cannot begin to tell you how many ads i get just geeing to one web site, welcome to the world, get used to it, it is getting worse as we go forward. David be last word. Disney just out with 4th quarter earnings, we brake down therupts we break down what the results mean for the future of streaming, coming next. Most people think of verizon as a reliable phone company. woman but to businesses, were a reliable partner. We Keep Companies ready for whats next. man we weave security into their business. Virtualize their operations. woman and build ai customer experiences. We also keep them ready for the next big opportunity. Like 5g. Almost all the fortune 500 partner with us. woman when it comes to digital transformation. Verizon keeps business ready. David shares of disney higher, after earnings topped expectations for 4th quarter. Gerri willis at new york stock exchange. The parks are doing well . Reporter you bet, stock price up 6 over hours, reporting a beat on top and bottom line. Expectations were 95 cents a share, revenue beat expectations, positive on here, Cable Network revenue for quarter increase 20 , park revenues up 8 , and studio revenue up 52 , largely on back of toy story 4, lion king and aladdin. There was a negative, there was an increase in quarterly direct to consumer operating loss. Due to cost of upcoming launch of disney plus out next week, two other headlines tonight, disney plus will be distributed on amazon fire tv, and espn plus now reporting to 3. 5 million subscribers. A lot of news from the mouse, most is positive. David almost 6 after hours, thank you. Your reaction on the news, disney plus we hear that netflix is vowing to spend more money on content, wow disney will do . Investors think it will do fine. Disney will do fantastic with their streaming. Their brand name is one of top 3, i think in the world, they priced it right, they under price everyone element i do everyone else, i do worry about netflix, i want to mention that parks are going gangbusters, they opened a star wars land here, they bought marvel for basically nothing years ago they are killing it with that, they have done everything right, just tough to grow a huge company, earnings down over 20 , but revenues up over 20 , i think great things are ahead, iger will begun gone i think a year or 2. A have fox studio integration to come, they paid more than for other lucas films or mar marvel, the streaming wars, which is not quite a war could see different playering be winners as players be winners as viewing habits and entertainment habits, and netflix is a more challenging position, they have to spend this multibillions for the acquisition cost, that is why stock is netflix not disney. The trade war is a tax, but the streaming war, were benefiting from this. Almost amazing, hulu, disney, they are all falling over themselves. Irony of this from a consumer perspective, they said they will unbundle. They are just loading on. You add up ala carte it is more than cable. Not everyone will add 5 different services, they will pick and choose. Question is how long before we know who the winners and losers are. Disney seems to be almost i in n position. And you talk about tens of billions of dollars on what is after all an uncertain product, remember how many flops in the movie,. That is netflix. Dont discount the theme parks be have you millions of kids, they say i want to go to disney, they dont say i want to go do netflix land, they want to go to disney world. Melissaworld. Iger genius tying them all together. And i think that netflix will be interesting to watch. Jonathan, i now want to go to netflix land. It will be interesting to see what happens with directv who have been th the th been losing. David i agree with jonathan. Competition that is best tv era in history of mankind, bill gates fighting back on the warra wealth. And Elizabeth Warren is responding, coming up. So you r what you need. Wow. Thanks, zoltar. How can i ever repay you . Maybe you could free zoltar . Thanks, lady. Taxi only pay for what you need. Liberty. Liberty. Liberty. Liberty. Do you recall, not long ago we would walk on the sidewalk all around the wind blows we would only hold on to let go blow a kiss into the sun we need someone to lean on blow a kiss into the sun we needed somebody to lean on all we need is someone to lean on a more secure diaper closure. There were babies involved. And they werent saying much. Thats what we do at 3m, we listen to people, even those who dont have a voice. We are people helping people. Here, hello starts who dwith hi mple. E. How can i help . A data plan for everyone. Everyone . Everyone. Lets send to everyone [ camera clicking ] wifi up there . Ahhh. Sure, why not . Howd he get out . a camera might figure it out. That was easy glad i could help. At xfinity, were here to make life simple. Easy. Awesome. So come ask, shop, discover at your xfinity store today. David second richest man in world, bill gates taking a jab at wealth taxes proposed by 2020 democrats like Elizabeth Warren. He supports higher taxes but senator warrens fan goes too far. I have paid over 10 billion in taxes, i paid more than anyone in taxes. But i you know im glad to have paid, if i had to pay 20 billion that is fine. But you know when you say i should pay a hundred billion, then i start to do some math about what i have left over. David Elizabeth Warren hit back this afternoon at a campaign event. You may have heard some billionaires on tv crying about that 2 cent wealth tax. Awe. But we ask the top onetenth of 1 to pitch in two corrects f their fortune. David 2 is 2 . But well get it that, considering bill gates gave away the billions during his career too charity is he not better. He gave away billions. But what most important, he made billions of dollars, that is the whole point, Elizabeth Warren is advocating for those, that is what it is, if your neighbor takes your money that is theft, still theft in people vote on taking your money. This is his money, it is private. Not Elizabeth Warrens to distribute. She thinks that rich people like bill gates are like Scrooge Mcduck with a big roomful of money they just swim in it. To him the new production and new job. David i have to do this wealth tax is different from an income tax. That is what jonathan was getting. They take part of your property where they have already paid taxes, someone has to value, and decide you know which part of that has to be given away. I think that most offensive part of this class warfare act from Elizabeth Warren is it is founded on two lies, first is we dont have a progressive income tax, rich people in america dont pay their quote fair share, that is most heinous cliche in this election season, in a pay far more than anyone else, they have a steeply progressive income tax, it really bugs me she bugs she talk positive 2 cents, just two cents, as david pointed out, 2 of what have you worked hard for. David already paid tax on. It is not hers. It is flow foundly. Interesting someone that did not earn the wealth wants to take it away, but someone who earned wealth wants to give it away to great causes, what bill gates has done for this world, with so many things like malaria in africa, this woman is acting like he is a bad guy, bottom line, Elizabeth Warren forget the manufactur most important aa socialist, never give out specifics you or you will get called on it her. Bill gate and warren buffet and many people believe that paying taxes in particular more taxes could be justified for the greater social good. The issue with warren is not necessarily she proposed that, i know you disagree with it. The issue is scorn and disdain, i will keep saying is trumpian in dismissal of anyone no. It is you know, Elizabeth Warren is not only one with this endless disdain for wealth created by productive people, remember aol shalsoalexandria ocasiocortez s joining in on this attack. Saying yall the billionaires are asking for a safe space, you know. And in addition to inter u. S. Entire u. S. Economy and political lobbying industry, that progressives ignoring the question about what a wealth tax has Elizabeth Warren suggests it would do to the economy. If i were consulting a slew of billionaires, i would say entering the fray at this particular moment is a mistake, a big target, unnecessary. No is isnt. But im saying there is no need right now for everyone to pile on, other people can make the argument. It is afternoon eas it isn easy punching bag. Right now billion ars in their rooms with accountants and attorneys looking at bahamas there is a reason why Elizabeth Warren will have a 40 exit tax she knows how bad her proposal is, wealthy are not stupid, you think they will just sit there and take it she is up to 6 a year. Per year for billionaires, in 16 years they are out all that money. David by the way, forgive me it is anyone that makes over 50 million, and that number comes down the mi minimum amount your wealth tax comes down. Im saying you doom have youe certain arguments in certain ways you know you will lose. Fighting it the way right now plays into hands good point and last one, abc news trying to get to the bottom of who leaked an off air tape of amy robot meanting about her story about Jeffrey Epstein that shelved or spiked. Doug byrnes on this coming up. 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David that is when you dont ask if your mic is hot, she did not know she was being recorded this fallout from that leaked tape of amy r slamming her network for shelving the story of epstein before the 2016 election. Both she and abc have said the story did not air because it did not meet the stayings journalistic standards, now abc focused on how it went public. Lets bring in former federal prosecutor doug byrnes, there is politics, did they kill epstein piece because it would make the clintons look back, and clintons had friends at abc news, that is why im wondering if that woman who has been fired can claim she was just a whistleblower. Interesting legal leo this l league, on this one. Here, if she is an at will employee at cbs, she can be terminated or fired. However, to your point. If there is some public dissystem natio disseminatioe heard from your former employees did something wrong that could create legal problems. What would legal problem be . What law has she broken. You are interfering with the employment of another, a tort claim, not really interference with contract necessarily, snroa writtethereis no written contrai call someone up, i have seen this over and over, with Law Enforcement. You know the fbi called the employee, said this guy is under investigation, that is ugly, people get penalizes they lose their jobs. Good news that it has not happened that many times, but here, point is, you know, if they call, like a reference situation, by the way you may to know that this person is working for you, you know did something bad in the past. Okay fine. But again, it gets murky. If she was leaking privileged material at abc. I would think that is legitimate cause for her an subsequent employer to wonder if she would do the same thing, she did not invoke whistle protection or go through whatever channel. If i steal documents from my employer and leak them to fox news, i might think that is right thing to to for all sorts of reasons but my employer might not. A good clarification, it boils down to the validity of it. If the person hypothetically did not do anything wrong, and you said we didnt confirm it yet that is different, but if you say the open sit, then you are right that behave you behavior s for termination. There is another whistleblower story in the news. Mark zoo zaid, defending a 2007 tweet among others. What do you think . Does this discredit the whistleblowers lowe case. I think it is troubling. A colleague said, this is very troubling, kind of comical, in extortion cases when were in water, they are like im going to get you, trust me, and in trial they say oh, no, im just getting a lawyer, they said the same thing, i meant based on my prognostication. What he said was horrible, he said he is going to not finish his term, he will be impeached. Cnn will play a cre a key role t the best lawyer to planet cannot walk that back. I understand that point is discredit the whistleblower, but has anyone been discredited from the testimony from many witnesses. You are right, it is apples and orange, it how did it start, oranges, if i said first. Oranges would be, what is the independent validity of the information, you are right, there is some corroboration and not, another comical thing that came up again, when someone changes their testimony, right away were back to a moot court session, one side says aha he is telling the truth, you dont know that, maybe it is what he said earlier is the truth. We had standard house arguments. You can argue both ways, i have seen many witness who change their testimony to be fair and second version is true, but dont go on tv just give one version, you tell the truth that is ridiculous. Doug, if this guy was a witness in a court of law, he is claiming something all of a sudden then tweets show up from a couple years ago circumstance isnt the judge going to tell witness to take a leap you are gone. To some, etent. Because im saying have you a witness there he is claiming something. About one thing you find out two years ago he was determined to take down presidency, you would think that courting Say Something about that and lawyers jumping all over that. No, i get that point, a good one, up to a judge to determine how much of that type of Background Information would come in, but it would seem somewhat rel len relevant, where from a lawyer. But i cant imagine letting that bias. David putting if on social media. Thank you doug very much. Thank you. David we had new exciting breaking details coming in, about a Michael Bloomberg run for the presidency. You want to stick around for, that details on the other side of a break. 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He made no secret of the fact he is uncomfortable with progressives like Bernie Sanders and Elizabeth Warren. He is a very leading figure in the Democratic Party on gun control. And climate change, those of his big issues. He has a very robust resume of accomplishment. He still has a pretty ready to go staff waiting to work on a campaign holed up in townhouse here in manhattan. Im not surprised, he has been waiting to see who emerged. And i think look we have talked on air before. Many people talking about the fact that none of the leading democrat candidates are moderate enough to win the Electoral College but also energetic and interesting and well financed enough. This is kind of part 2 to my earlier come that billionaires should not enter fray with Elizabeth Warren, this one shoo anshould and can enter, he is ai am progressive on side of angels with leading issues for Democratic Party. In the since of you know climate change, gun control, prison reform, progressive taxing a and government action. As mayor of new york he was very much a leader in government leading the way for private enterprise. He is reacting to where the democratic primaries are going and a sense maybe accurate that where they are going is unlikely to unseat donald trump who bloomberg is opposed to. He is worth 53 billion dollars, and he is a businessman. A successful businessman. And he knows what drives success he knows about success. Hard work, he understands that if you tax people 70s , and you wealth tax them 6 to 8 a year, you will end up with no wealth. In the economy, in shambles, this is quite interesting that we have a lot to do over next few months. Gary, you cannot turn away from this, you do you miss a story line. We talk about howard testing water. I have to push back just a little bit, wasnt Michael Bloomberg the one in new york who instituted smaller size requirement for sugary drinks this is a progressive idea, but compared to clown show that is Democratic Party right new. David what happens to joe bid biden. Does this displace him as leading moderate. I was trying to be polite and say bloomberg has more energy than joe biden. I think he is just a very weak candidate, i know he is likeable, but i dont think he is sharp enough to be the candidate. I dont think it displaces him but it does take air out of him, well say for next few weeks if true. Bloomberg, bloomberg, he is a very good speaker, he really he means what he says. And again, businessman. Very, very important to the independents and independents win general elections, i can promise you that. David i wonder what Bernie Sanders is going to say, he who says there should be no billionaires. No billionaires. All right. David thank you. Follow this story very closely here. At bulls and bears, critics slam las vegas new ban on homeless camping as criminalizings population, we hear from city of las vegas, mayor pro temp, michelle right after this. We are a 97yearold firm built for right now. Edward jones. Its time for investing to feel individual. vo thewith every attempt, strto free itself,piders web. It only becomes more entangled. Unaware that an exhilarating escape is just within reach. Defy the laws of human nature. At the season of audi sales event. Beyond the routine checkups. Beyond the notsoroutine cases. Comcast business is helping doctors provide care in whole new ways. All working with a new generation of technologies powered by our gigspeed network. Because beyond technology. There is human ingenuity. Every day, comcast business is helping businesses go beyond the expected. To do the extraordinary. Take your business beyond. David las vegas officials approving a measure banning Homeless People from sleeping and camps on the street, violate ors will be fined to 1,000 and or jailed from 6 to 12 months. The las vegas mayor pro temp michelle fiore, you dont think it criminalizing the homeless, but they are arrested if they dont get off the street. Here is what a lot of people want you to believe that is how it goes, but that is not what it says it is about safety, health and sanitation, does not take affect until january 2020, for next 90 days were talking with our people that are camping, not so much of being homeless but those who camp in public right aways and private property to where a specific area, downtown, our ordinance first police or city marshals say you cant camp here, they can walk away. And enforcement walks away, if they say i dont know where to go we ask if they would like to us transport them, biggest thing with this ordinance is that if we dont have any space in our shelters, where they can go to get help or jobs, housing, and healthy check ups, then we dont enforce it. Houour ordinance mihm mimics 10r cities, and 64 other cities have ordinance stronger than ours is it say total citywide ban, our is specific to downtown and residential areas in city of las vegas, funny thing about our ordinance. Is we have a couple president ial candidates attack the city, senators Bernie Sanders, out of vermont, has attacked the city for the ordinance, meanwhile vermont has the same one, and senator warren out of boston, massachusetts, massachusetts area, they have the same ord ordinance in boston, i want to tell them make sure whatever is writing your stump speech please know your own laws of your own state. I am not a citizen of las vegas, i would thank you, i wish, you were here with clean up the days, streets are not for sleeping and camping, they are for transport, and so many people are not really homeless, what is going on there are so many differenters. Well drifters. Unofficially we have oregon bus some folks on the city of las vegas, we caught 12 individuals that were bussed to the city from oregon. Which was not polite. But however, we are addressing that issue now. And so, we are working diligently, again, the biggest thing with that ordinance is to give the folk thattur that thate hopeless a hand up homeless a hand up, we look at hiring, housing and healthiness, getting you a job, getting you trains. And off the streets i hope. Off of the streets, yes. Just a quick question about pure p pr, if if is as you describe, why is it described as you just articulated. This is very unfortunate that we have a couple of groups here in city of las vegas, who is progress every something theyre way out, that literally, my chief of staff got a text from them said, please show up on the city council, they are criminalizing homelessness, they will round up the homeless and put them in jail. Blatant lies, literal lies, we had people, i sent you a clip of one woman came up she said her name, she was homeless, our Office Reached out to her, she hung up on the office, further investigations that our office, she vice chaifer clar chair of y Democratic Party. And when we reach to help her, she sattudag zaynab h said ss homeless, lie,ly. Lie,ly. People the not be fined if there is space for them in your no space for in the shelters, whawhat is the conditions of yor shelter. At the moment we have about 1300, when you hear number that the city of las vegas, like 5200 homeless, were focusing on downtown area, private area residents shall. So looking at downtown say 5 or 600 people that are camping out. We say to them listen, you cant camp here, you can go here, if they cant get there we will transport them, if were full we do not enforce it no one is gets arrested, no one is going to jail or see vitad cited or a. Michelle fiore, thank you so much for coming in a very interestininteresting experimens know how it works. Thank you. David hollywood icon who has budgehasbeen dead for more than6 decades could soon be reborn, not everyone is happy about this idea, we have details, coming next. James dean james dean im your 70lb st. Bernard puppy, and my lack of impulse control, is about to become your problem. Ahh no, come on. I saw you eating poop earlier. Hey my focus is on the road, and thats saving me cash with drivewise. Whos the dummy now . Whoof whoof so get allstate where good drivers save 40 for avoiding mayhem, like me. Sorry hes a baby David Hollywood legend james dean has been dead for 64 years, but Rebel Without a cause will be back to life in a new vietnam era film, called finding jack producer at magic city film said dean will be resurrected using cgi technology, some hollywood stars and critics hate the idea, calling it shameful and yo unlal precedents. We saw this with in world of whole thing of deep fakes, creates various video images not true, this is one with no privacy get over it this is coming. Well see forever our favorite actors and actresses no matter when they lived and died, i think this is bizarre, if i were living i would be furious, it will take roles away from them. The james dean estate is happy, i can promise you that. That. David oh, yeah. This is the shape of things to come, they do it with musicians that passed away, those who are angry will be those who lose jobs, i know it. Back in 1991, diet coke had an apple ad with louie armstrong. And famous dead people. That is right. Maybe they will teach james dean how to act. This is it for bulls and bears well see you next time. Latebreaking news on 2020, what could shake up the race, big time, New York Times reporting that Mike O Michael bg is expected to file for alabama 2020 president ial primary, we look to that stocks on fire in full rally mode, dow and s p 500 closing at record highs, rally fuel, washington and china lifting some tariffs. And that rally inspite of democrats and republicans engaged in all out Political Warfare over the trump impeachment inquiry, more we officials talking today behind closeddrs