Facebook shows thousands of developers. Sand target investors and in focus. First messenger which just last week announced accelerating growth to 900 million monthly users. Facebook is expected to make it easier to chat with users and invite them to easily make transactions all about leaving messenger. Ahead of the event drop box announced its sbi grating into messenger. Part of facebooks plan to allow people to do many things on their phones without ever leaving the app. Days after announcing features for live video and new prominens on the app we expect new technology and premium content. Analyst calling video a core focus area and opportunity Going Forward and third oculus to hear about ways to develop content for the platform and more ways facebook is sbi grating oculus into the rest of the social network. All three of these areas represent opportunities to tap into new Revenue Streams and well be listening for news about new add formats and new measurement tools. Mark zuckerberg takes the age at 10 00 p. M. Pacific and 1 00 p. M. Pacific. We cannot wait for that. People are having to figure out what it is in a hurry. What should they know . Its going to be big. Its bot mania and what i like is they have been around for awhile. Wi chat in asia had them for a long time. You can set up doctors appointments and shop and play games and bylot ri tickets. Line, telegram, kick, obviously they also have bot stores now so im excited for facebook to announce this and while were seeing them on the top end theres the infrastructure as well. An 80 million fund to invest in new start ups. So this is going to be very meaningful. We keep hearing how about it will be better for business s integration. Is this that . Where people tend to live is certain parts of the internet. It used to be on portals and now communication devices. So the ability to get people both at scale and with per sis answer the is the Perfect Place to message to them. Is it a way to ice out the third party on facebooks part . Yeah and to identify a new revenue stream. Theyre killing it in media to now introduce commerce in a seamless way thats really beneficial to the consumer is very important. More time spent. This is the name of the game in this case. You have billions of people sending hundreds of trillions of messages a month. Its the killer platform to allow bots on top of that as a platform is very cool. Think about the opportunities. The marketplace opportunities here. Crm, customer acquisition, all of the interfaces that you can now leverage ai for to get a lot of wider distribution. But if you werent a business that was operating on facebook they tried to launch a linked in competitor a couple of years agatha didnt really work. Its a very powerful Small Business tool but im just curious is this a way to get Corporate America on facebook . Theres a lot of opportunities. This is a company thats defying all odds, right . All of it at 30 last year. A billion more app users and its incredible and Strategic Acquisitions and product innovation. Theres no question that these guys are trying and experimenting lots of things. Theyll nail an application. When you look at the agenda overall, the two biggest topics are instagram and oculus. The most sessions for each of those. They made a 2 billion acquisition a couple of years ago. The hardware is out so now looking forward to what announcements they have on the content side. Its going to drive everything here. Well talk more about video another time but meanwhile facebook this afternoon as julia said. The vp of messaging david marcus is going to join closing bell in a first on cnbc interview. You do not want to miss that. We have a news alert on berkshire this morning. So this is interesting here. What we have is a dow jones report citing a Company Spokesperson saying that the ceo of general reinsurance thats a very large part of Berkshire Hathaway is going to retire by the end of this year. Now the reason why this is important is bause according to the spokesperson, the successor at this general Reinsurance Division of berkshire, he reports directly to warren buffet. Whoever is going to be the new ceo to replace that man is now going to report to the head of the overall reinsurance business at berkshire so the current ceo currently reports to warren buffet but this new person is going to take over and is going to report instead. Now some people will view this as a tea laef in trying to figure out who will succeed warren buffet again. So an interesting nugget to mull over carl. Back to you guys. Warren says he knows. Just a matter of whether or not the rest of us can figure it out. Thank you very much. Next after the worst year ever pc sales off to a rough start. Shipments falling by significant numbers in the First Quarter and that comes on the heels of the biggest year on year decline in the industry with annual shipments falling to levels not seen since 2008. What do you say at this point . When do you actually write an obit on this product . Nothing surprising here. This will be the 5th consecutive drop in sales year on year. We have the worst q1 since 2007. Its a crowded market. We have iphones and smartphones. One in three people on planet earth have them. We have tablets that are also causing disruption here. I think were going to continue to see declines. But its not like the companies are going to go away. If youre in the industry whats your measure of success . Market share . Do you still care about value . A lot of them havent been able to do what apple has done and have this device diver diversification. If you compare it now to ten years ago despite pc dropping double their revenues, the market cap doubles over 150 billion so not bad news for everybody. Max of five as i recall right . Theyre somewhere bucking the trend. Apple is doing a nice job of diver that but i dont see it overall for pc. Finally a new goldman note. Pretty bullish on apple saying the company is entering an upward division cycle. Rising for the first time in six months. Meanwhile a piece in the Business Journal says apple is quitely buying a bunch of buildings and naming them after greek deities. This could relate to apples long rumored car project although rumors have flown about a bunch of categories. Any idea whats going on . I think the research was interesting. They saw two positive things. One is a shortening of the replacement cycle and the second is a propensity of switchers to move over and if both of those are true then thats incredibly positive news for apple. And then theres a call that the capital return plan could be up to 250 billion. How likely do you think that is . Especially given the fact that it wasnt necessarily a successful buy back program this last year after they upped it to 200. The stock kept going down. Over 200 billion in cash with a big chunk of that overseas, the big question mark is what are they going to do with that . Its hard to say. We know that, you know, we have seen a pattern with the stock where it goes up about 25 after every iphone release. Thats sort of the daytoday business. What they happen to do with a big chunk of money remains to be seen and obviously there remains a very Secretive Company about that. Big debate this week about whether or not they deserve a valuation closer to the Cable Companies because of their relationship now with content creators. Is that fair or is hardware the name of the game. No hardware is the name of the game for a long time to come. Theres been rumors about them getting into the Media Business and they pulled back on some of their advertising related initiatives. Theyre making too much money elsewhere. But evaluation of 11 times earnings when the rest of the s p is at 17 times. Do you think that the company would be valued differently if it had a different name . If it sold widgets instead of iphones . Sure but they continue to innovate and do market move things so i think that theyre getting value for that. Good to see you guys. Thank you so much. Apple book and a lot more. Were seeing a sharp rally in the equity markets though its been a pretty volatile morning. Major averages tracking the extension in the rally in both crude and brent which are each hitting the highest point of 2016 today in this session. The dow is up by 131 points. S p by 13 and the nasdaq by 22. Meanwhile starbucks shares are falling after getting downgraded to hold at deutsche bank. Pointing to a premium valuation and what it calls lofty expectations as reasons behind the downgrade. Stock is down 3 and alcoa shares falling after revenue missed estimates. The company saying it would cut up to 2,000 jobs amid weak aluminum prices. Its tough to listen to that Conference Call and find anything to like out of it. Disappointing numbers. When we come back, an exclusive interview with a whistleblower that could spread new light on the case. Why he thinks the cia and nsa could be involved plus we mention facebook at the top. Should you buy ahead of this afternoon . We have the answers and alibaba making the biggest overseas acquisition in the its history. Session highs almost getting back to that high we saw about this time yesterday. Dont go away. Xerox personalized employee portals help Companies Make benefits simple and accessible. From anywhere. Hula dancing . Cliff jumping Human Resources can work better. With xerox. Which allergy . Eees. Bees . Eese. Trees . Eese. Xerox helps hospitals use Electronic Health records so doctors provide more personalized care. Cheese . Cheese patient care can work better. With xerox. Thats it. Great time for a shiny floor wax, no . Not if you just put the finishing touches on your latest masterpiece. Timings important. Comcast business knows that. Thats why you can schedule an installation at a time that works for you. Even late at night, or on the weekend, if thats what you need. Because you have enough to worry about. I did not see that coming. Dont deal with disruptions. Get Better Internet installed on your schedule. Comcast business. Built for business. The panama paper scandal continues to plague across the globe. Brad served more than two years in an american prison for his role in the conspiracy behind Swiss Bank Accounts and was paid 104 million by the irs in gratitude for the information that he brought to the u. S. Government about secret Swiss Bank Accounts so as the greatest financial whistleblowers of all time you might think hes cheering on the Panama Papers disclosures. Well not necessarily. Heres what he told me this morning about who he thinks the real source of all the documents actually was. The very fact that we see all of these names surface that are the direct, quote unquote, enemies of the united states. Russia, china, pakistan, argentina and we dont see one u. S. Name . Why is that . Quite frankly my feeling is that this is certainly an Intelligence Agency operation. The cia im sure is behind this in my opinion. Now he of course has no proof of that allegation and i asked him why u. S. Intelligence would have any incentive at all to leak information thats been damaging politically to david cameron, the Prime Minister of the u. K. And a major u. S. Ally. He thinks that cameron was simply Collateral Damage in all of this and he thinks the disclosure so far have been selective. If you have nsa and cia spying on foreign governments they can certainly get into a law firm like this but they selectively bring the information to the Public Domain that doesnt hurt the u. S. In any shape or form. Thats wrong and theres something seriously sinister here behind this. Guys so fascinating now to hear brad who is as we said the greatest financial whistleblower of all time now calling into question the source of this massive new financial document leak guys, back to you. Theres going to be a lot of theories behind this as we try to figure out exactly where this came from. Up next it may be april but the long winter for the ipo market rolls on. A closer look at why and when things might open up and a quick check on todays market rally. Currently sitting at a triple digit gain for the dow the s p and the nasdaq all near session highs and highs for the year. Squawk alley will be back in a moment. The bank on yourself revolution. 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Meanwhile it has been one of the slowest quarters in the ipo market and there havent been any tech Companies Going public so far this year but Many Employers and early investors are still looking for places to trade their shares. With us now is the ceo of a company that started to create an Online Market for shareholders. Welcome. Thank you. They had thousands of employees that all had this Facebook Stock but that seemed like a one trick pony. What do you do thats different . We like to call that area and what its doing is establishing equity which is a lot more liquid marketplace and if you take a look at the number of private companies in 07, 08, 09 compared to today its almost double. How does it work . The early investors come to you and say i want to upload it . What is the interaction like . We walk right through the front door and we say look we have your best employees and some of your earliest supporters the investors. They lack some liquidity because they supported you and they want to finance a home and get married and go on vacation so we connect them with investors on the other side and get the companys approval and get the deal done. How much flexibility do they demonstrate . Especially for shares that might not be open for trade . The private Company Shares are locked in. Theyre difficult to trade. You dont want anyone and everyone to invest in the companies so it only allows squall identified investors to invest in the trade. They are happy because we do everything online and give them an audit report so they know what happened and what transpir transpired. How do you determine what the shares are valued at if you as a company dont have any exclusive information about Company Financials and the like . So as you can imagine a lot of companies and their shareholders are asking for liquidity. We apply several filters. Who the backers are, how recently they raise a round of capital and where they are in their growth cycle. A year or two away from ipo. We let supply and demand determine the price. Do you believe investors are still looking to private for yield and price appreciation in light of some of the down rounds and mark downs we have seen . Absolutely. The last quarter was one of the busiest quarters on our platform. If number of Public Companies have gone, its at a 40 year low right now. Investors are tired of sitting on the sidelines and letting the private market folks make all the money and theyre taking a look saying i want to get in on the action too. By the way, i want to rely on sequoia and other branded investors to be able to rely on their diligence and let them pick the stocks and i would like to participate as a participant. Where does conscious play into this . I imagine a lot of employees see headlines about their own company and giant regulatory issues. Companies like dan dual, Good Technology that say i want to get out now, wheres your conscious and then selling those shares to main street investors. Absolutely. So first and foremost, we only put Certain Companies on the platform. No more than 5 of the companies that try to list themselves on equities and supply form make it through. Is that because of your filter or they say we dont want any new shareholders. Thats our filter. We work with almost 40 issuers in the u. S. And they have given us approval to trade on, you know, in their shares and those companies have preferential listing on our platform. A lot of other companies out there that are first timers dont necessarily make it through our filters to protect our investors. Is there a minimum trade size . Do you have to be a bulk buyer in order to play . Thats the problem were solving. You