Learn about the bands chart topping success and its tour. All over the next hour. First for headlines. Heres my radio host carol massar. Back in august he was found liable for his part in a failed one billiondollar investment. The u. S. District judge ruled he must pay 657,000 in penalties and give up 175,000 of his bonus plus interest. He cannot seek reimbursement of the penalties from goldman. Krispy kreme stocks soaring in afterhours trading. One other stock to tell you about, williamssonoma. Topping estimates for earnings. That is the top headlines. Bill ackman is making herbalife his fight to the end. The company is facing more scrutiny after the ftc launches an investigation into the companys practices. Julie hyman has more. How much of a win is this for bill ackman that the government is looking into herbalife . This is something he has been fighting for for quite some time. His allegation is that the company is a pyramid scheme. He has been saying in one of his main tenets is that the government is going to shut it down because he contends that it is illegal. He has been doing a lot of lobbying in washington and around the country to try to push regulators to investigate herbalife and ed markey, a congressman, he convinced him he should try and spark this type of investigations and looks like he has been successful on that front. He has been successful at least today in terms of what the stock did. It felt 7. 5 and plunged after this news was announced and finished the day down about 7. 5 . He has to see the stock fall quite a bit more until he makes a profit on his short bet on the company. Someone also has made a long bet on the company is carl icahn. He has made money betting on herbalife. What happens now to bill ackman if the ftc hands him a little victory . This is a oneday victory. At the end of such an investigation the ftc only makes an announcement if it finds that the company was in the wrong. It does not make an announcement and say, we cleared them of any wrongdoing. They might say they close the investigation at that point and herbalife might come out and say we have been cleared here in the investigation and it is finished. Herbalife said we welcome this investigation, there has been a lot of misinformation and we hope this will clear it up. That is what they have been saying ever since bill ackman began his scrutiny. A oneday victory for bill ackman but there is still a ways to go before the ftc comes out with any kind of ruling. I want to thank you very much. You will be following that for us on going. Lets turn our attention to medical charts. What do you do if you have a lifethreatening disease and the medication that can help you is not available . It exists but it is not available. The family of sevenyearold josh hardy knows about this. The drug that could save this young boys life is being tested by the Biopharmaceutical Company chimerix. Josh is receiving this drug through a trial. He is a sevenyearold boy fighting for his life. How does he figure into the story . He is an equitable example of what patients go through. This kid is so incredible. He is seven years old and has been battling cancer since he was nine months old. He had a bone Marrow Transplant and that left him with a suppressed immune system. And then he got a horrible viral infection. It was very serious for him and his doctors identify the drug as the only thing that could potentially help him but it is still in Clinical Trials and that posed a huge conundrum for the family and the company. Describe for us the status of the drug, the relationship of your company to it. It is in a phase three Clinical Trial to prevent another type of dna virus called cytomegalovirus. It includes adenovirus but the prime one is a virus. We ran a trial on patients who already had this adenovirus infection that we reported data from last august and this is one of the catalyst for interests. When you heard about this from the family, they were asking for compassionate use and you had a Compassionate Use Program in place but you no longer had it. Can you explain what the designation is and why it is it applies in the situation. It might have applied but lets go back in time. From 2009 to 2012, we made the drug available to over 400 people in the compassionate use protocol. But in 2012, the funding we have been receiving for that ended and we decided to focus our efforts on the approval of this drug. The process for approval so we could make it available to many joshs. The issue that has been difficult is that josh is a lovely little boy, i have talked to his father several time and several family members but there are many joshs. From our perspective we have had over 200 requests for the compassionate use of the drug for many viruses and over 80 people have requested it for adenovirus, the exact same virus that josh has and we have been unable to fulfill those requests so we concentrate our efforts on getting this drug approved. What we had to do here, i think it is important for people to understand, it is the many joshs. We were able to craft an agreement with the fda to create a phase three Clinical Trial where josh is the first patient. This allows us to help josh but also potentially help many joshs. Patients of different ages at different hospitals who might have a need for the drug for added no virus. Are there Similar Companies caught in the same situation . Ricks absolutely. Im not sure you could name a major drug company or Company Working on an important drug that has not had Something Like this. Not enough data are available to know how many requests come in and that is something people want to see more of but just in the last year, another company was caught in the same kind of Media Attention as chimerix was. A woman was dying of ovarian cancer. They did not fit the criteria for what they call expanded access. Ultimately the patient has to past away. Is there a possibility of some nonexistent status that could be conferred on these types of drugs so that their liability would be limited but these patients could receive these kinds of things and they would still be studied under the current regime . Yeah, i cannot speak to novel regulatory processes that might be considered but people need to understand that the pharmaceutical Development Processes very long and very difficult. Chimerix is 14 years old. Our sole product is the drug and we are focused in and day out on getting this compound through the Regulatory Development process and getting it approved. We had to come up with a way to help josh hardy and help the other joshs out there in need. Do you think the way that chimerix has used this protocol talk of that be a model for other companies . It is a perfect question. A bioethicist has held this up as an example of how pharmaceutical companies and the fda should be thinking outside the box to be getting were these Creative Solutions so youre not having to do compassionate use and pick and choose which patients can get your drug. Thank you very much. My thanks to the chief executive ken mach. A private Satellite Company says you can help search for the missing malaysian boeing 777 jet. Using crowd sourcing technology to examine images taken from space to hunt from for any clues. That is next on taking stock. Now to charting the search for the missing Malaysian Airlines jet. Officials are investigating an unexplained lip on their radar. They say it was detected far off course from the planned route of flight 370. Vietnam said it is leading closer to the route proving to be a dead end. A dozen nations have teamed up in the boeing 777 jet using 42 ships and another 39 aircraft. Also efforts involved the private Satellite Company digitalglobe. That is where we come in. Theyre using a crowd sourcing platform that allows people from around the world to examine their satellite images for possible clues related to the jets disappearance. Joining me now to explain all this is the senior director of geospatial big data and john mcgraw. Also a former federal Aviation Administration official. Explain what digitalglobe does and its relationship to this ongoing search question mark thanks for having me. Digitalglobe owns and operates commercial satellites and they are constantly orbiting around the globe capturing imagery. As soon as we heard about the event, our satellites captured imagery over the search area. We are releasing it to the public. We have millions of people on our website right now looking and trying to identify things that look out of place. John mcgraw, based on your experience, does this make sense . I think it does. Having that many people looking at the imagery is a force multiplier. None of the Government Agencies would be able to bring that many people to bear with all the off the shelf imaging tools and tools to analyze the images they have today. I think it is a tremendous help. Especially with the uncertainty we have around the path of this airplane and where it might have gone down. The search has been focused on water. There is the potential it might have hit land somewhere and there might be an image particularly and i do not know if they can do this but if they can go back in time with some pretty specific or close intervals and look at those images they might be able to pick up images close to the accident itself. Shay, do you have that kind of Digital Library . Absolutely. We have an archive of 5 million square kilometers of imagery. If we have an image of that same area, while we do not have an image of that exact day the airplane took off we do have imagery in our library weeks, months, and even years ago. When we see something that looks out of place on the ground especially close to land we are able to go back in time and see if that was there before or something that was recently added. Can you bring the public into ongoing investigations or even searches, its like coming through a vast file of information and as you said, you have millions of eyes looking at something whereas you might have only had hundreds if not thousands. Certainly in terms of finding an airplane, in the past we have used and enlisted local communities to try to scour wooded or wilderness areas. This is taking it to a whole new level where you can involve a lot more people. For instance i think steve fossetts airplane that crashed, there was a lot of folks did the same kind of thing to find that crash site and they were instrumental in leading us to find the airplane itself. I think you will see more and more of this. We are being watched a lot closer than we ever have in the past so there is a lot more Data Available that could be used in enlisting the public. It is a great way to get a lot of eyes on this. Can you give us an idea of how may people have downloaded or participated in this search . Absolutely. We have had 2 million users on the site. We had about 130 million page views. Think about that for a second. 130 million times people have turned their brains in their eyes to solving this problem. We have the numbers but i want to take you one step further. You are making this available free because of the tragedy. The specific tragedy. Tell people how digitalglobe as a Company Makes money. You are right. Were doing it because this is the right thing to do. This is why we get out of bed in the morning. As far as the company we sell our imagery to members of the u. S. Government and different agencies and the International Government as well as to a bunch of commercial firms. Different companies that want to understand [inaudible] what the Oil Production is like, which pipelines are secure. It is a commercial application that we are applying this technology to. Shay harnoy and john mcgraw joining us from washington. I will take a look at the growing trend of mobile gaming and speak to the chief executive officer of the first publicly traded mobile game company in the United States. Glu mobile. Later on, you will meet the front man of one of the most iconic brash metal band called megadeth. More about their tour. Just today, king digital, the maker of the popular smartphone game candy crush saga said it is offering shares of its ipo at a price that would value the company at as much as 7. 5 billion. The Company Looking to capitalize on the growing trend of mobile gaming. Joining us now is glu mobiles chairman. Niccolo de masi. Tell me what is up with the game industry. Weve had zynga, weve had glue and candy crush is 7. 5 billion. And fairly valued. This is his base that is getting bigger and becoming a real business. Even though it is going to be glu and king in the u. S. What is the Business Model . Keeping their eyes glued to some little device but getting them to pay for something. Eventually. Very few people pay for anything. For glu and you have watched as grow to a record quarter. 43 million of revenue. You do 43 million in sales. King is a much bigger business. They are 10 times our size, topline, bottom line. We are offering the greatest value for entertainment. 90 of people do not pay for anything. They are maybe looking at some ads but they are getting a free experience. Same for king. 1 or 2 of people ever pay for anything. Do you have trouble getting people to advertise . King and glu are different audiences. For glu it is a sought after it demographic. 18 to 35. We have the largest database. How many people are using the games . 70 million a month. It depends on the month. What is your favorite game . It is commando 2. We Just Launched and were very happy with that. Congratulations. What is next . We have a puzzle game coming out in the quarter. We have conquest 3 in q3 but we are playing it close to the vest because it is a more competitive space than a few months ago. Niccolo de masi, thanks very much. This is taking stock on bloomberg. This is taking stock on bloomberg. We are looking at the market moving headlines. A Federal Reserve vicechairman nominee says expansionary Monetary Policy is needed he cause joblessness is too high. He said the fed must continue robust implementation of financial reform. Shares of retail chains fell the most in three months losing 12 . The clothing Retailer Forecast lower than estimated sales and profits citing an extremely difficult start. Expectsmichael weiss growth to resume in the second half of the year. A snowstorm in the midwest has grounded over 1000 flight as it makes its way toward the northeast. About sixdumped inches of snow in chicago according to the National Weather service. The storm is expected to hit new york with rain while boston might get an inch or two of maybe ice and snow. Well done. My next guest has helped put thrash metal, it is a genre of music, it is. He has helped put it on the map. The band is called megadeth . They sold 30 million albums worldwide and have earned five straight platinum albums and are getting ready to go on to her. I am joined by megadeth front man Dave Mustaine. Great to have you here with us on bloomberg. Educate me a little bit. If i was reading the most recent bit of news about you, i would think you are going to solo with the san diego symphony. What i do right . Right. What are you going to be doing there . Believeical music, i shows up a lot in heavy metal music. A lot of the medieval type music that i was brought up with. Led zeppelin has a lot of the storytelling and classical arrangements tell a lot of stories. I was also weaned on the beatles. A lot of sir George Martins arrangements with the strings always fascinated me. I have always been a fan of Classical Music but the classical industry is dying. There is a generation of people who do not know about it that and i thought it would be cool to take my guitar and play a lead violin part. Kid,ing disney movies as a i like to the songs before the poison apple gets a bit or the wolf is about to attack or something where the music gets kind of scary. We picked some songs that we thought were really emotional, colorful songs. Are you doing the vivaldi four seasons with the symphony. You mentioned snarl. I want you to cast your mind before megadeth. It gives us a way to talk about your career. You were with another band. Go ahead and tell us what happened and how you ended up forming megadeth. I started off back in the 1980s playing guitar and i was the guitar player in a band called metallica. We had invented a musical style and we parted ways in 1983 and i formed megadeth and we are both current members of what is fondly called the big four in america. Tell us the other two. They would be slayer and anthrax. Slayer is another los angeles band and anthrax is from new york. When i think of things like megadeth and anthrax, that does not necessarily mean warm and cozy. No. How did you develop the genre and give us an idea of how it is characterized the people who play it. When youre playing heavy metal music per se, the name has to fit the power of the music. A lot of times bands that are pop bands have names that are real fitting for them. For us because we were trying to be so heavy and ultrafurious with the guitar playing performances, we wanted something that represented that power and megadeth was the only word that fit. A lot of the other bands, anthrax is a very potent disease and we were held hostage with the letters that were going along with anthrax and slayer is one of the names of the great destroyer in the bible. These are intimidating names which i think fits the style of music. Have you become less intimidating in terms of your music as you have developed . I think as you grow up things kind of change. It is hard being an anarchist when you have a mercedesbenz in your driveway. This morning i was thinking about rolling up and how i was homeless when i started my career, a product of a broken family, i was basically watched during the day by the boys club of america. It is one of those things where you go