Upgrade over the next few days and reenter their names and passwords. As of now, this is limited to android users. Ory do not steal passwords financial information. And removing ibms servers and replace them with Chinese Brands according to people familiar with the brand who think china is worried about national security. The u. S. And china have been involved in a dispute since chinese officials were charged with Cyber Espionage last week. And former microsoft ceo Steve Ballmer is interested in buying the l. A. Clippers. Surrendered and role of the team to his wife after being for life after making racist comments. I want to turn to my special guest host of the hour. Of guitar former ceo hero. Rentits on the board of the runway. Dan, always good to have you here on the show. Great to be here. I went to check on chegg. How is it going . It is going really well. The stock market is confusing. It is down. We went down before the rest of that tech market went down. Now we feel that we have got the company with us. Misery loves company. But it is going extraordinarily well. Education is a trillion dollar market in the cause of education is too high and that outcomes are not good enough. Were focused on outcome. Choose whichnts cause to go to and how to pay for it. There was a launch of a National Career service site for the first time. Less than 50 of College Students actually go to the career centers. Thereby improving the cost and the access and efficiency and the outcome. I want to talk to little bit about the stock. You said it was confusing. Do you have any idea why . I dont. But that is not my job. My job is to communicate, but chegg overall, we have had 22 growth in the first quarter. Expect to be on or around cash flow to break even. The number of businesses we are in, we are excited about where we are going. Is about execution, execution, execution. I want to get to the lead story of the day. A lot of pressure on apple to come up with its next blockbuster product line. Good apa connected home . There is some buzz about this a connected home . There is some buzz about this. He could turn your phone into a Remote Control. Move into this area, it has some catching up to do. Bought a service last year. My guess to joins us now from stamford. What is your take on this report and the fact that apple might be announcing this smart home product line . I think it makes a lot of sense. I have several products in my bule and several bill in iltin products at my house. Why it makes sense is because we thought apple might do a large panel tv in the last year of soap. I got back from taiwan. It turns out they did have a prototype, but looks like what theyll do in the short run is take apple tv and make it something where you can use in a home automation matter. Maybe that can read the hub that works with your smart phone to help you do things like manage your life, home security, manager light bulbs, all of these various things to have a smart home. It makes sense. There is a good chance we get some insight into this on monday when apple has its event. What do you think . It is an interesting opportunity for them to go into. It puts them into competition with many apps on their phone today. Many of us run those on our phone today and using it for other applications. In competition with people who use that for distribution. Net neutrality in the pipes. If apple has access to your home , could that cause a Net Neutrality issue and how people would compete at apple getting into your home and everything will be done over the phone . That is interesting taking baby steps toward this and embracing the lowpower bluetooth. It lets all of these Different Things happened. There is the light control and the lock on the door. It seems like the kind of place where apple likes to innovate. The technology is there. There is a necessary hardware component. It would be the thing that controlled all of those things. Cory . Is exactly right. One of the things i picked up in taiwan is a sound like apple them in the next versions of the iphone and the ipod. They also have this ibeacon technology. It knows when you are near a product. When you take the wifi and you take this new ibeach Technology Ibeacon technology, it will give apple a whole new slew of opportunities. Apple has plenty of applications. They compete with a number of those and not just an door streaming music, but a number of them. But this concept of everyone the network is so new. Were are not even in the first inning. It is still early stages. Most people do not have a smart home. You mentioned control. Very few people have that. We are still early. It is a great opportunity ahead for a number of players not just apple, but chip players like broadcom and qualcomm. Right. Samsung has their smart hub, but that was only will doubt earlier this year, really. They are not that far behind. Hiking it is a great idea. Im concerned from the consumers perspective which is it any business today, if you have to pay more money to get into this, and every time you sell anything come he had to get sell anything, he have to give 30 to apple i think we will see a lot of questions being raised. Other industries have responded to apple by holding them at arms length. It starts to make sense there. It look at the way they had trouble in the video store. Brian, you get the last word. Get into thises area, can they make it easier than the solutions out there . If they can make it easier, then yes. They will be successful in a. In it. Brian blair, we will of course be watching this next week. How did the yahoo Alibaba Partnership come together . You can watch a streaming on your tablet, phone, bloomberg. Com, apple tv. I am emily chang. This is bloomberg west. We are here with my special guest host, dan rosensweig. Lets talk about the years that alibaba formed a Strategic Partnership with yahoo obviously you have been following the alibaba story quickly. They have how to go public in the united states. When you look beyond the numbers, what do you feel is a risk to investing in alibaba . The risk is all of their success has been in china. The question is how big the market can be . We know many are trying to compete with ali pay. When the cut outside of china and come to the u. S. , what will the when they try to come outside of china come to the u. S. , theres a whole list of questions. The management is extraordinary. They have tremendous momentum behind them. They have accelerated their growth. December longterm questions and not shortterm. Yahoo will sell part of its stake in alibaba. What should the money be used for . If i were a betting man, they should did some to the shareholders. Also, what areas do you want to go in . Some to the shareholders. Also, what areas do want to go in . There a lot of Public Companies that might be interested. I think she will be judicious about it. I think she has a plan. We will see. A do you think she has done good job . You know what it is like to run yahoo yahoo has been difficult. I left at the end of 2006. It is had a string of ceos and competitive issues. It has had hostile takeovers. It is not an easy scenario for anyone. Hasink what marissa undercut issue brought back energy to the country. She brought attention back. She started to rebuild Audience Growth into the company. She followed what she laid out to do. It is not an easy job. It does take time. He will do not necessarily have the patience. I think getting alibaba sorted out and acquiring a lot of talent puts them in the position with a chance to succeed. I think her share energy she she is a force of nature. I want to talk about the environment. We are seeing evaluations. A 17aising money at billion valuation. Is that fair . What is fair is whether sun will pay it. [laughter] someone will pay it. [laughter] the thingsges all of you talk about on the show all the time. Does that leverage mobility, location, software . Is it highgrowth . Highmargin . There are a lot of Amazing Companies like that. Be another one. Q are seeing the real winners being rewarded. Are seeing the real winners being rewarded. 17 billion is a lot. On the other hand, ask yourself 10 years from now with all that transportation infrastructure, how big they can be. Are we getting into a dangerous situation with the valuation . There is a private market in a Public Market in early the internet is not in a bubble market right now. Everyone has taken a beating over the last couple of months. Some of it may be deserved and others maybe not deserved. In the private markets, theres so much capital. You keep hearing about more funds raising 500 billion. I do think that market will be pushed up. I do think if you are a founder thinking long and hard couldnt give companies be getting themselves into dangerous positions . The companies that do not see a real plan to go and into those evaluation should think long and hard about it. And you areber controlling that transportation that isucture or airbnb going at extraordinary rates, i think those Companies Need the capital to expand. I think theyre doing the right thing. It is the companies that are notre or whose hands are that big that are putting themselves at risk. Dan rosensweig, chegg ceo and our guest host for the hour. Stick with us. Report with the surveymonkey ceo next. Welcome back to bloomberg west. I am emily chang. Tracks trends in internet and digital media. There is a new report that shows how people are finding and viewing content online. The surveymonkey ceo, Dave Goldberg. Also joining us is my special guest host, dan rosensweig, and cory johnson. How are people viewing content online . Particular that youtube and netflix are seeing tremendous increases, but we are seeing other trends come up in terms of streaming media. Very clearly is ahead of everyone else. Itunes is not making a big push or the difference. Spotify yeah, so this is three months worth of data, but it will be every month. What youre able to see is how it moves over time and how do things happen. When you look at itunes radio having an impact on pandora, you would have thought they would have. Im surprised spotify was so lowly rated. Some of the numbers are better. It is free versus paid. Services it is pretty dramatic. Buying are they are company. When it comes to video streaming, apple tv doesnt even register. Is h, they have said it it has been an experiment. You can see that in these numbers. Itll be interesting to see where does you to go from here . What happens with netflix . I was impressed with how big netflix was over youtube. It is that spotify and pandora difference. That is the interesting thing. A lot of these Free Services grow like crazy. The one that has really differentiated itself is a Subscription Service of netflix. Well see whether or not that happens in that music business. Ill be very tears to hear your opinion. Back in early 2000, they said apple, you are wrong. We guessed wrong. They might be hiring the guy who used to work for me to run their these excerpts. We will see what happens with that and their music service. We will see what happens with that here. Tommy about this ownership and i have a custom search thing. This is an interesting partnership. They say we are interested in doing this with you. They represent reports on a regular basis. There was a third link in survey very a lot of people are doing this. We want something we can track every month and see what is happening in ecommerce and social media. We work with them to develop this year this is their report and their data that they will publish. They are using our surveymonkey panel audience. Their shopping Online Amazon is far and away the winner. I think one of the things we but is anblish, upandcoming platform is we saw snap chat is stronger. I think of those trends were to nascent to show in any published data. I think those will be interesting over time. Did you see anything the data that suggests it should be on peoples radar that isnt right now . Where the commerce or music . More of what is trendy and what will happen over time. Twitter, theres a lot of questions about the users. It has been pretty flat. Thumbs up or thumbs sideways . They have done a phenomenal job to figure out the Business Model. It is growing enormously. Ever think youd want it to do. The trick is to figure out if you could make the product easy to use and make it relevant. That is harder very i think he has the ability to do it. It is interesting that most people want a Business Model and he has got an extraordinary one. We all love u. S. Media of nace. Companies. I agree with that. All right. Urveymonkey ceo, Dave Goldberg coming up, how can universities encourage more women to study engineering . One college is leading the way. We find out what it is doing that others arent. Time now for Bloomberg Television on the markets. Im julie hyman. Lets take a look or stocks ended the session. Had a big update in terms of reaching another record on the s p 500. Then i sat gaining more than one percent in part of the strength of better than estimated durable goods and other Economic Data that beat economist expectations. You are watching bloomberg west where recover innovation, technology, and the future of business. I am emily chang. Students participate in the white house science fair. It was a broad range of stem science, technology, engineering, and math competition. There was a football helmet with a concussion question. The president is using the been to encourage girls to enter the stem field. In five than one degrees are earned by women in stem. 10 workers in and stem are women. Half our team we are not even putting on the field. We have got to change those numbers. It is where the good jobs are going to be. The president announced an additional 35 million in grants for programs that train stem teachers. Women and stem and getting into engineering, Harvey Mudd College awarded more engineering degrees to women and men good i believe 56 of the class. I want to bring in my special guest host for the hour. The ceo of chegg. You have followed this closely, especially with cheggs role in education. You have been following this harvey mudd story. What do you think . The president is extraordinary. Amazing. All what they determined is you should marry liberal arts and stem. I think that is the best way to go. The balance of being able to communicate and understand think critically, but also to code and understand the Power Technology is the way you will get a job in this economy erie although my daughters in this economy. Both my daughters interesting stuff. Fair last week. We visited a program where these young girls were being coerced to do technological stuff. It was interesting the way they were making things. There was this neat thing a 10yearold girl made which was a unicorn. It would close a circuit and light up a horn on the uniform on the unicorn. It was very technological and girly in a great way. Here. A Connection Society still puts groups in boxes. Technology liberation allows you to do whatever you want. People being told what they should do. What theyre capable of doing is a great way to engage women in technology. I have seen a lot of interesting startups. Theyre doing exactly those kinds of things. It makes it such a natural habit that women get into. What are some of the resounding things you hear when people ask about why women are not more into technology . May be starting at a young age is not happening. How do you cultivate that interest if it is not initially there and should be . You both have daughters. If i had sons, i would cultivate the same thing. We want people to be positive contributors. There are more than a fair share of women in technology companies. Him and engineering department, but there are lots of different divisions. It is all hands on deck. If you want a job, get into technology and coding. It doesnt matter whether youre a man or woman, dr. White, this country or another country, that is where the country is growing. What about a tree house where they teach adults how to code and try to help them get into break into the tech sector . I do not know how to code. But they said i could take a class and i could get a job at heart stoddart at a hot start up. Potentialegg surveyed employers of college grads, there were two things that came up. One his ability used technology and the ability to communicate. You need both. That is why what harvey mudd is doing is smart. It is combining the social skills with todays job skills. That is a winning direction. What kinds of skill sets . You can hire something adjacent to that. What sorts of skill sets do you look for . You might want to get someone to train them. It is very interesting. About 25 interns this summer. We are having about 10 in engineering. Half of them are women for the first time. Youre looking for people who ambition to learn it and are willing to learn it and taking courses while they are working. Oracle was hiring news editions because they recognized the skills of a Young Musician i think math and economics are two areas that help. There is Critical Thinking and analysis. What would you do with the data if you could access it . People who know what they would do within our incentivize to know how to get it. We are joined with the first woman president to lead Harvey Mudd College in six decades. Harvey mudd awarded more engineering degrees to women than men last week. 56 of the class. Us fromident joins california. Thank you for joining us. My first question is how did you do it . What is the single most important thing you have done to morethis happen to get women involved in stem and keep them involved . I think the thing that really works well is to frame what we are doing whether it is computer on the science, engineering, or math. It is about creative problemsolving. I have yet to meet a young person who is interested in stem who doesnt want to be creative. Girls in particular love being creative. To harness that creativity and give them the tools to actually solve problems and build sol