digits by next year. it is expected to grow 12% this year. there is a silver lining. predicting 34% in asian growth this year. hasbook ceo mark zuckerberg been ordered to appear in court in iran. issued a summons saying he must answer for alleged privacy accusations for whatsapp with facebook agreed to buy in february after another iranian insta court -- court to be instagram to be blocked last week. former microsoft ceo steve ballmer interested in buying the los angeles clippers. reports say he met with shelley sterling, donald controlled -- surrendered control of the team to her after he received a lifetime nba banned for making racist comments. sterling has hired bank of america to sell the team according to people with knowledge of the situation. i want to bring in our special guest host for the hour. of guitar hero, once yahoo! ceo drum -- yahoo! coo. large, coryt johnson here as well. always great to have you on the show. i wanted to get a check in. more than six months now as a public company. how is it going? >> the business is doing really well. the stock market is down. we actually went down before the rest of the tech market went down and now we feel like we have good company. misery loves company. the business itself is going extra in a really well. education is a trillion dollar market. it needs to be disrupted. the outcomes are not good enough. we are focused on outcomes. we help students make that are choices of which colleges to go for, help them get better grades, save money on textbooks. we launched an incredible national career service for the first time. less than 50% of all college kids go to their career center. we are all about improving cost, access, efficiency and outcome. >> i want to talk to you about the stock. you said it is confusing. do you feel you have an idea why? >> i don't. my job is to get it up, create volume and messaging. we had 22% growth in the first quarter. around cash be on flow or break even. we have expanded the businesses we are in. we are excited where we are going. my focus has to be on creating value now and in the long term and execution, execution, execution and that is what we're doing. >> you will be with us for our work. a lot of pressure on apple to come out with the next block oscar productline. could it be for the home? there is buzz about this before the financial times -- before the developer conference. if apple does move into this business line, it has some catching up to do. samsung outwits a line of appliances that can be controlled from samsung devices. brian blair joins us now from stamford. he covers apple as a frank gore at rosenblatt security. -- as an investor at rosenblatt security. >> i think it makes a lot of sense. i have four nest products. i also have home automation products. i like the idea of apple going into the market. why it makes sense is we thought apple may do a large panel tv. i just got back from taiwan. turns out they did have prototypes. looks like what they will do in the short run is take apple tv and make it something where you can use it in home automation manner. that that could be the hub works with your smart phone to help you do things like manage your life thomas manage home security, manage your light bulbs and all these various things you can do to have a smart home. i think it makes sense. probably a good chance we get insight into this monday when they have their event. >> what do you think? >> i think it is an interesting opportunity for them to go into. it puts them in competition with many of the apps on their phone today because many of us run those off of our phones today using control for other applications you can use. we have had this battle over net neutrality and the pipes. now the question is, if apple controls access to your home, does that cause a neutrality issue in terms of how are people who compete with apple going to get into your home if everything will be done over the phone? >> apple has taken baby steps with embrace of the low-power loot to standard, which lets these different things happen with light control in nest control and lock on the door. it seems the right find a place for where apple likes to innovate. the technology is there, the software is lousy. this would be the thing that controls the other things. cory, that is exactly right. one of the things i have picked up in taiwan is a sound like apple will include nfc in the next versions of the ipod. they also have begin technology that gives you a location element so it knows when you are near another product. if you take nfc, you take wi-fi, , it will givelogy apple an opportunity to open up a whole new slew of capabilities as it relates to home automation. i do not think it is a question of competition. a member of them. what is interesting is this internet of things, the concept of everything on the network is very new. it makes a lot of sense for apple to move in this direction, just like google did. still early stages. the event is new and trying to get into the space in a meaningful way but we're still early. i think there is a great opportunity ahead for number of players. not just apple. really benefiting from the areas in years to come. >> samsung has their home but that was rolled earlier this year. not about whether they should enter it. >> if you have to pay more money to get into someone's home and every time you sell anything to 30% toyou have to get apple. they control the device you're using. i think it is a competitive issue. i think we will feel a lot of questions being raised. >> interesting to see the other way industries have responded to this. look at thesiness way they have had trouble in the video services striking the same fields because of the same success they had and the resulting suffering music industry. apple question is, if moves into the area, can they make it easier than the solutions out there? elegant, they will be successful in it. >> ryan blair, rosenblatt security principle, we will be watching and covering coming up next week. still ahead, how exactly did the yahoo! alibaba partnership come together. ♪ >> i am emily chang and this is " bloomberg west." when alibaba first formed a strategic partnership with?. in fact, he was the one who found back in 2005. obviously you have been following the story very closely. they have filed to go public in the united states. the numbers look really good, but when you look beyond them, what do you see is a risk? >> the risks are that all of the successes are in china. the question is, how big can the chinese market be? we do know people are trying to compete today. they will get local competition, which up until this point they have not had. when they come out of china, what is the growth potential in the u.s.? what will the restrictions be? >> there is a whole host of unanswered questions. the business model itself is extraordinary. they have tremendous momentum behind them. they rail except -- they react celebrated growth. these are more long-term questions. >> what should they use the money for? >> that is up to marissa. i would say she would return some of it to the shareholders as she did before. i think the question is, what areas does she want to grow in? >> it is difficult to buy companies of certain sizes. private companies have not come down and valuation, as you know. public companies that may be interesting for her. i think she will be judicious about it. i am not sure the goal to have her removed immediately will be the smartest thing but i think she has a plan and we will see. >> do you think she is not doing a good job. you know what it is like more than anyone to run it. at the end of 2006. it has had a string of ceos. a string of competitive issues. it has had a hostile takeover. an active shareholder. it has not been the easiest scenario for anyone to come in and run it. i think what she has done is brought back energy, and attention. she has started to rebuild audience growth to the company. i think she actually followed what she laid out to do. it does take time. people do not necessarily have to the patience. i think getting the war chest and alibaba sorted out and acquiring a lot of talent puts them in a position with a chance to succeed. i think her sheer energy and she is a force of nature. a gift yahoo! a real opportunity to grow here. >> i want to talk about the environment. >> >> if it is there thomas someone will pay it. uber is an extra near a company that leverages all the things you talk about on the show all the time. there is a lot of companies like that. you are seeing the real winners in the private market being rewarded. you are not really seeing the second-place players being rewarded at the same level. my view is the market pays what the market pays. $17 billion is a lot. 10 years from now they own the transportation infrastructure. how powerful can they be? >> do you feel they are getting in a dangerous situation with valuations? we are in -- are we in bubble territory? >> there is a private market and public market. everyone has taken a beating over the past couple of months. some of it deserved, some of the knot. the public market they tend to work themselves out. the private market there is so much capital that needs a place to be deployed. so i do think that market will be pushed up. i do think if you were a founder and are thinking about a series b or c, you better think long and hard. if they expect a 10 times return -- they could be getting themselves into dangerous positions if they cannot get to that. >> the companies that do not see a real plan to grow into the valuations should think long and hard about it. i think if you think you will be independent for the next hundred years and are controlling transportation infrastructure, which is remaking the entire market and growing at thinkrdinary rates, and i the companies need to expand. maybe are not that big that are putting themselves at risk. and guest host for the hour, stay with us. these days people have a lot of video streaming devices to choose from. which one is leading the pack? new report on that list ceo steve goldberg next. ♪ >> welcome back to " bloomberg west." partnered withs suntrust to track internet trends and have published a new report that shows how people are finding and viewing content online. joining us to discuss that is the surveymonkey ceo dave goldberg along with our special guest host and editor at large, cory johnson. interesting trends you took a look at. first of all, how does viewers are viewing content online. we saw in particular where you think new -- youtube and netflix are seeing tremendous increases but we are seeing other places, streaming media, ofdora, very clearly ahead everyone else. itunes really not making a big push or difference. >> itunes in spotify. -- and spotify. >> this is three months worth of data but will be every month. what you will he able to see is how does it move over time? i think if you go back to see if it would have a big impact, you would have thought it would have. >> the market reacting also. >> some of the subscriber numbers are better than pandora. >> it is free versus paid. we did not ask people paid pandora usage. obviously much lower. is pretty dramatic. >> here they are buy-in beats. even register.ot >> i think they have sort of said it has been an experiment. you can kind of see that in these numbers. i think it will be interesting to see where does you to go from here? what happens with netflix? wass surprised how netflix relative to youtube. i would have guessed the same spotify, pandora difference, you have to be a subscriber to use it. >> that is the interesting thing, which is a lot of the free services grow like crazy. the one to differentiate itself i pay is the subscription network. we will see if that happens in the music is less. they were the2000 first one to say to apple you are wrong. of course we guessed wrong. >> they might be hiring the guy who used to work there to run the beats music service. we will see what happens with that. i think it will always end up in subscription. >> talking about the partnership with suntrust, i know you have a custom search thing at surveymonkey, but this is an interesting partnership. >> they came to us and said we're really interested in doing this with you. we have a lot of analyst that run this on a regular basis. mark mahaney just did his third survey. they said we want to see something we can track every month and see what is happening in e-commerce and social media and streaming media so we work with them to develop this. it is their report and their data. they are using our survey link panel. howyou also have a link for people are shopping online. amazon the winner by far and away. any surprises? up-and-coming social platforms is still like very low in terms of usage. issaw where snapchat stronger. tumbler. those trends were too nascent right now to show in any published data but were published in appendix. i think they will be interested. >> do you think anything in this effect -- data suggest someone should be on the radar that is not right now? is more thet trending and what is going to happen over time. therek twitter obviously is a lot of touch about user growth. i think we will be able to see that. it has been pretty flat. is theyew on twitter have done a phenomenal job of figuring out the business model. it is growing and not -- enormously. the trick is to make a product easier to use and more relevant in the united states in particular. that is harder, but has the ability to do it. interesting that most people want a business model. when you think 250 million users is not a lot, a reach next to nobody compared to that. >> all right, surveymonkey ceo, always great to have you here on the show. thank you so much. staying with us. guest host. how can universities encourage more women to study engineering? one college leading the way. we find out what it is doing that others are not. ♪ the hour,tes after which means bloomberg television is on the markets. taking a look at where stocks are trading. we are seeing a rally today for new highs for the s&p 500 on the back of durable goods numbers. a quick look at wilshire brands. the largest meat producer has made an us -- unsolicited $5.6 billion bid for hill cyert scrappingon the sire its own acquisition of pinnacle foods. more on the markets in an hour. ♪ >> you are watching " bloomberg west.:" i am emily chang. president obama hosting some of the youngest investors today. ora broad range of stem science technology, engineering and math competition. projects include using stains -- stem cells to treat cancer, above all concussion helmets and an alarm system for cars that get too hot. the president using the up and to encourage girls to enter stem field. >> fewer than one in five bachelor degrees in engineering or computer science are earned i women. fewer than three in 10 workers in science and engineering are women. that means we have passed the field, half our team we are not even putting on the field. we have to change those numbers. these are the fields of the future. good jobs willhe be. >> the president announced an additional 35 million dollars in grants for programs that train stem features. speaking of women and stem and getting into engineering, harvey mudd college defied all trends in this week and awarded more engineering degrees to women than men, i believe 56% of the class. i know this is a story i want to bring in our special guest ceo. obviously something you follow closely given the role in education. orie johnson here as well. you have been following this story. what do you think of what they have done? they have determined you should marry liberal arts and stem and i think that is the best way to go because i think the balance indicating, understanding and code and understand the power of technology and use it is the way you will get a job in this economy. both of my daughters go to colgate, which is focused on technology, liberal art. want to walk the county fair with the ceo of intel last week. revisited a program where young girls were encouraged to do technological stuff. it was interesting the way they were making young girls. it was a unicorn. it would close the circuit and light up a horn on the unicorn. it struck me as very technological and girly in a great way. the kind of thing where you could see that would make up a connection with a girl like that. groups in still puts boxes. technology really does not. it liberates you to do whatever you want. the intelligence of connecting what people are being told they should do with what they are capable of doing is a great way to engage women in particular and technology and i have seen interesting startups that do exactly those kinds of things because it makes a natural habit them and get into. >> one of the resounding things we hear when we ask why aren't there more women in technology him and that is it starts at a very young age and have to get them interested at a young age and maybe that is not happening. i always wonder, how do you cultivate the interest if it is not initially there and should you? if i had sons, i would cultivate the same thing, which is where is the economy going cap go is the world going? i think there is a mistake between women and technology. there are more than my fair share of women in technology companies. they may not be in the engineering department but there are a lot of divisions of the companies. it is all hands on deck. if you want a job, get into technology, get into developing and coding. this matter if you are old woman, man, black, white -- that is where the economy is growing right now. >> what do you think of the programs like treehouse where they teach adults how to code and get them into the technology sector? even i couldat take a class there and get a job at a hot startup? >> we will talk to a company later who does exactly that. 1000 potentiald employers of recent college grads, the two things that came up on the list was the ability to use technology and the ability to communicate. you need both. at is why harvey mudd was doing ist colgate is doing is it so smart to combine social skills with today's job skills. >> when you can't find the coders, what sort of skill sets to look for that maybe they do not know how to code yet, you might want to get someone to train them or in adjacent skill which would be what? >> this summer we learned through interns. we have about 25 interns and 10 of them in engineering. with the first time more than half of them are women. we are looking for people who have ambition to learned to our willing to learn it who are willing to take courses while they are working. oracle hiring musicians because they recommended the skills of a young musician has. >> i think mass and economics are two of the areas that help. critical arts background of critical thinking and analysis. what would you do with the data if you could access it? i think those are the skills we have been looking for. >> we're joined with the first woman president to lead harvey mudd college in six decades. as i mentioned for the first time in history, harvey mudd awarded more engineering degrees to women than men last week. 56% of the class. she joins us from claremont, california. inc. so much for joining us. my first question is how did you do it? what is the single most important things you have done to make this happen, get more women involved and keep them involved you go >> i think the thing that really works well is to frame what we're doing, whether it is computer science or engineering and math. it is all about creative problem solving. i have yet to meet a young person interested in stem who does not want to be created. young women in particular love he and creative. so if you are able to harness the creativity and give them the tools to solve problems and build solutions, they love it. >> how are you? i do not think i have seen you since the taylor swift a bend, but thank you for joining us. i have to tell the story that when we met harvey mudd was the ringleader of files -- five colleges that put together this ability to win the taylor swift conference. i remember calling to say i want you to know you were in the top five. the first thing she said is that would be very exciting but we have so many engineers here let me make sure we did not hack the contest. that is how we got to meet each other. >> i will never forget that. i was going to say what was great as we ended up recruiting three or four of her students who were women to come work for us from the concert because they were women ayers -- and junior's and huge taylor swift fans. tell me the backgrounds that are best suited to what you do? are very bright. they love to learn and are not afraid of working really hard. also interested in liberal arts approach to science and engineering, education. they will take roughly 30% of the social sciences and arts. huge emphasis on being able to communicate in writing and orally. we have a culture that says every student is responsible for every other student success. no competition for grades and it is really true, it is your job to help everyone else. we think this makes those students and amazing people to higher once they graduate. of then imagine one tough things is to decide how much is vocational and educational. because so much of the coding is about the language being used right now, which may not be relevant. how do you strike that balance? we started out by teaching the introductory course. it has to two really great attributes. industry.is used in a great prototyping language. many people, even if they are going to write the final code in job, they are to do the prototype in python because it is so much faster and easier. the other parts about python is it is faster and easier. time they are in the third course in the sequence, cs70, youis called can code anything after that. that is the first three semesters. language ishe irrelevant because they have learned of not about the concept , the underlying programming languages is that they literally can go work for google or check or microsoft or whoever and can learn a new programming language and be effective in a week. -- we are ahings liberal arts college. we are not a vocational college. we tried very hard to focus learning to learn, understanding how to learn new things. >> all right. president of harvey mudd college. really impressive to see the work you are doing. thank you so much. we will be right back with more of " bloomberg west." talking smart watches and more about smartphones. what about smart bikes? we will look at garmin and how it is making your outdoor experience more connected in a special series, the great outdoors. ♪ " nort welcome back to bloomberg west." i am emily chang. hikers and backpackers have turned to garmin since the 1990's for durable and activation system. the company is developing new outdoor gadgets for your wrist, ike and boat. cory johnson in the newsroom along with our special guest host dan rosensweig. tothey make sonar devices help you find the biggest fish in the lake. these gadgets cost hundreds of dollars. why would it out door sports fan take this gadget instead of just about the talk to me value proposition for what you guys are selling. garmin has been a diverse company. we have offered many different solutions to the various outdoor needs and we feel like the value proposition is to build devices around whatever activity you want to do, whether it is marine , hiking, cycling, rock climbing we will deliver an innovative solution to help you with your active lifestyle. kevin, i remember when i was at yahoo!, we were looking at the map space and location space and we were early, and i do not think anyone understood how big all of this could become. how does social and the connected world really change your business model and put you back into the growth world? >> one example we like to use from the social side is a newer product around cycling. we just came out with a new product called the edge 1000, which really is a high-end ike computer, a hub of conductivity a round areas applications. if you have a typical person on a bike they are using their smart phone but they want to be able to use the bike technology easily, and we do that with edge 1000. while there are apps that could provide basic technology, user interface commit ease-of-use around our devices are where the name garmin is now well known. >> how do you size the markets? i remember when you've made your first acquisition that was and i , i -- when i was an investor wondered at that time, how did you look at the market and how big did you see the market and how do you do that kind of work? >> it was relatively small and we had been growing the outdoor space and what we call the fitness category, fitness cycling for many years. quarter, overt half of the business has nothing to do with automotive emma which is where we made a name for ourselves. if you look at the various users and consumers that have these different activities that they is therefore almost everyone of them to use in various products. do you imagine the real fascination with video and location and outdoor now, go low pro.r to buy how do you anticipate participating in this? one day getting into the whole video base connected to what you currently do? >> we came out with a new product, and action camera we call the verb. essentially the ability to record outdoor activities. the things we have done a little bit different than the competition is we have remote control access for the product like on my wrist, the phoenix to, and outdoor watch. you can do a lot of different tracking of your activity, but can also be used as a remote control. so whether you are skiing or cliff diving or any type of outdoor activity, you can easily use the watch as a sensor to be able to control and connect an action camera. >> 30 seconds left, dogs. what is the dog product you have? >> we have been in the hunting and hiking market for a while. we have come out with recent dog training and tracking products that have been very popular and one of the reasons that outdoor segment continues to grow. another use case for the various outdoor lifestyles that are being used by the consumers. lex i now know what to get my labrador retriever for his birthday. thank you very much. >> thank you. coming up, moving the classroom online. how technology is revolutionizing education and whether it is helping them to be better prepared for careers. ♪ >> welcome back to " labo bloomberg west." i am emily chang. there back and joined by ceo of check. general assembly is a startup that trains and improves skills through online and in person classes and. cory johnson is with us. schwartz.ork, jake thank you for joining us. specifically what kinds of skills do you teach? >> general assembly is really a place for anyone looking to get off the treadmill of the current job and into a place where they can find skills and community to get onto a path of a career they are really excited about. we are really focused on 21st-century skills that have typically not been taught in most traditional institutions. things like web development, product management, data science, digital marketing. really the disciplines that have shifted over time with the advent of more specific subfields around that use information -- information technology. they use the latest frameworks and programming skills and require a much more relevant, just-in-time nature to the training experience. >> jake went to an ivy league school, i went to an ivy league school. that did not teach journalism. is that about think? >> we did a survey that showed only 50% of college educators feel the job is to teach you skills necessary to get your first job. they think critical thinking, education things relative to your whole life. the reason i became fascinated, and he is billing the cap right now. 4 million jobs open in this country. his company, whether it is in person or online can help people who are self-motivated build career goals. >> do you see one particular reason that gives them a reason to be? startedwe started, we as a community based in new york city around a burgeoning critical mass in a tech community here in new york. what we have seen is the combination of truly are -- truly sec looker trends with an uptrend -- truly secular trends. the jobs that were available for young people even 10 years, whether finance or going through training banks and large corporations have shifted in nature. while there is explosion and opportunities to work with smaller shops as consultants and really to join the companies on the cutting edge of building what will be the 21st-century economy. amazing things you did is you started with in person training. now you are utilizing technology. training people to expand it to a much larger reach. is that conversion working. what do you think the strengths of moving online would be versus the ability to train them on line -- versus training them in person. content is only one part of the education experience. our students who come to our campuses find real moderate around the fellow students. they have the experience of going through a really difficult course load with the fellow students. theope them intensively on way out find the first job out of our program against them on the track to a career they love. the delivery of content only one component to that. we see this a lot more conducive, while at the same time a lot of opportunities to enhance and complement the experience with different online weducts which you will see are launching lots of those over the next few quarters. >> a partnership? >> absolutely. what of the reasons that got me excited about the ability to deliver was because we are taking like what they are doing. so much.you thank you dan rosensweig, special guest host for the hour. you are a natural. you could do this for a career. ♪ >> from bloomberg world headquarters in new york, i am alix steel in for mark crumpton. this is "bottom line." today, the pain president strap -- the ukraine resident cracks down. a new kind of heroine. we will look at action years meant to empower little girls. to our viewers here in the united they than those of you joining us around the world, welcome and happy tuesday. full coverage of stocks and stories ng