We were talking about the fouryear anniversarile earlier in the week, kara . Yes, that is a disaster, and remember that . That seems so long ago. Yes, it feels like most people in Silicon Valley agree, it is the most powerful company, and cohesive management, and doing ip novations, and fascinating m a, and hitting on all cylinders except for the recent conservative backlash from the trending area, but from the stockholders point of view and investors they couldnt be happie happier. And kara, this is ap al year ago. Yes, it could. Absolutely. This is a little different business, because that is a hardware business really, and it depends on the latest hot topic, and people are vested into facebook, and they have their lives there, and the Facebook Live video is pop ular ashs son ta have to keep innovating like other company, and cnbc and like anybody else, you have to keep innovating to be relevant to the consumer, and so far so good for the consumer. We will see if they supplant it with the latest trends, but they are trends like v. R. And other things. And kara with the week of diplomacy, you have are tim cook out of china, and india nashgs and Mark Zuckerberg working with the leaders after the the dustup, and did we learn anything about Mark Zuckerberg that sheds light on what we expect with the hedge funds being in the company, and perhaps a control company, and the hedge funds will have less of an impact, but is this a chief executive and cofounder who is more prepared than typically to handle that kind of pressure from the market . Well, i think that he doesnt have to, right . Because of the way that the stock is, obviously, but he is a measured person. I spent some time with him recently, and he is more mature than ever. It is an interesting growth for the ceo of anybody i have seen in Silicon Valley. You know, i think that this meetings with the conservative groups was a little bit of the show just to assure them that, you know, they react quickly when people have problems with them. He is down the middle. You know, he is not going to be doing Something Like tim cook did with the federal government, and you wont see Something Like that from Mark Zuckerberg and maybe he is too young or careful and considered, but i like what tim cook has done at apple in terms of opposinging the government on encryption, and other issues, but he is a well behaved ceo, and so he is very aware of the public perception. I will tell you that sometimes the people will tweet his first appearance on cnbc, and i think it is 05 where he was on with Dylan Ratigan talking about this thing that he had facebook, and the evolution of him along with his company over a decade, and you are saying that you have not seen anything like that in tech . No, he is a learning organism. That is what i call him. He has improved himself where he had problems of peeking, and improved that, and problems of seeming, and it is not young, really, but it is seeming kind of, you know, he is just changing himself, and he is growing into the role. We had a back and forth about that photo in china, and he had a good explanation for it, but when he was running through tiananmen square, and all of the ceos, he has evolved, and a lot dont or they get stranger, and he is less strange, i guess. I am thinking larry page or Something Like that, and i mean, they have gotten more unusual and i should not say strange, but unusual, unique. We know what you mean. Quirky for sure. And yahoo shares are falling in the journal after verizon and others are expecting to bid around 2 to 3 billion for the core business which is less than expected, but our david faber say it is not to be and the bids should be in the higherer range, and so it centers around which round of bidding and what do you take . Second. I think that david fab ser an excellent reporter and he is 100 right. They wont go that low. And im not a bull on yahoo and even i think that is insane. They wont sell at that price first of all, and why would t y they . It would make no sense. And one of davids conspiracy theories this morning is that maybe it is a verizon leak to get the shares to fall so they could pay less than they had previously planned to, but they did pay 4. 5 billion for aol, so it is not like they are in the business of getting deals. That is not tim armstrongs m. O. , and he is straight forward and he does not play games. You can imagine that we talk to all of the bidders, and i dont see that he would whisper that to the journal, and that is not his manner in any way. And it is probably, you know, one of the issues is that i have been hearing 3. 5 to 4. 0 for the core when you minus out the patent and real estate. So is you can add a billion or so in for those, and it is closer to five and so david is spot on with the inclusion of the patents and the real estate between 4 and 5 you can see that, but below that, the company wont sell. I dont think that jeff smith will sell. They wont, and they will move ahead and do Something Else. They are not certainly selling at, you know, they are not going to be selling at the Bargain Basement prices even if the business is totally troubled, and it is, so i dont see it. Okay. The apple store is getting a makeover, and the vp erin an dress calling it a new makeover, and they are saying things about this, ra, regarding the public space, and the free wifi and is this a canary in terms of what they have in mind for the future . Well, i dont know. I think that they had to redo the stores. I go into the apple stores at lot, and they feel dated at this point, even thought at the time they opened they were super fantastic, and in great public spaces, and they are not going off that much, but sut a slightly updated version it seems to me. They already have free wifi and people hang out there, and use their computers, and they are making it a more comfortable space, i think so that people can make the apple store what it already is which is a Gathering Spot for people. Maybe it will spur them to buy more. But i think that there is it looks good. It is a handsomelooking store. And it does strike me that when the apple stores first opened, and we remember that, and it is about the mac as a digital 00 and the ipod had not come out yet, and it is about growing hardware sales and inspiring people to switch, and is the purpose of the store different now . First of all, the whole fight with San Francisco over the exterior of the store and what it is for and how welcoming it would be and they have figured that out, but now does it need to be more about the service, and getting people more engaged in the ecosystem so they end up paying more for services on top of the hardware they have already bought . Well, it is already about that. I go in there and i dont go in there to buy as much as i do to get it serviced or the problems or looking at the new software or things like that, and they are addressing how people use the stores which is as a hub of activity, and you know, you have that all over San Francisco, and the new linkedin building has a l lobby to hang out. A lot of that is going on in San Francisco. I think that it is a nice, and these places have become Gathering Spots, and at some point they will serve coffee or something, but it is just, i think that it is addressing the way that the stores are being used, and they needed a refresh. All retail needs a refresh, and the stores, and remember the clear stairs were so cool at the time, and now they are not quite sole cool, because you have seen them. Now we all have clear stairs in 2016. They are still cool. And the wooden tables and now everybody has got. Yes, the wooden table, i mean, come on. And the first major rollout from erins herself, and expectations . Are they easy to hit here . Well, i dont know, they have kept her under wraps. She has not been out and about very much, and she has been there for quite a while. So i think that they have to redo the store experience and how people buy. They have had a huge success, and it is one of the most successful Retail Operations in terms of existence of sales per square foot, and they have are to do something, and oalso, by the way, shopping has changed, and people dont shop the way they used to. You dont go to stores and consumers are doing it online and so they have to create a different experience and it is a smart move, and we will see how it works for them. Before we go, kayne went on a rant on facebook on ellen yesterday, and he said that he had wished he had contacted zuckerburg on facebook instead of twitter. You took a picture with his wife on twitter earlier in the week, and how did that happen . E o, we are close friends, and we talk all of the time. We are no, she is love ly actually, and we were at the webby awards which is like the golden globe award shows and everybody is drinking and laugh laughing and i gave her something called the break the internet award which is i dont know what that means, but she breaks the internet all of the time. And so, she is like, lets take to a picture, and i put my phone up, and she said, no, no, kara, that is not how you do it, and she is giving me lessons and given that she is the best selfie taker in existence or one of them, i felt that i should take lessons with her, and she is showing me how to do the face and the angle and the place to put it. But you kept the clothes on. And she was yes, i did. You dont want to see it, but she has the lieumy case which i am going to get, because they make a better picture the lumi ca case. There you have it. A lot of the social media power. Social power between the two of you. Thank you for that. Thanks a lot. And kara fisher from ricoh. And now, after several days the of selloffs, 5. 8 billion came out of equi tes today, and you are seeing the dow up 17 and s p 500 up 2 and nasdaq 4. And deere is rallying and so is tesla after they raised 1. 5 b l billion from a secondary stock offering. The Company Wants to use that o money to finance the model 3 and this time, elon musk was selling more stock instead of buying it. And this time, the cdc with new numbers of the zika virus, and what do you have there . Yes, the new number of pregnant women they are monitoring in the united states, and 279 women in the u. S. And territories, and it may seem like a big jump, but it is because they are changing the methodology of pregnant women with zika, and they are reporting who are showing symptoms and have not showed symptoms, and this is local and health organizations. And so they are monitoring the pregnancies still ongoing at a few than a dozen outbursts reported and we should note that currently in the u. S. States there is no local transmission through the mosquitos of the se zika virus. Thank you, carl. And at cdc. Gov is a important twitter account tole follow, and the first verified account on tw twitter, jon. Yes, and that is when they verified it, because wasnt it swine flu . Yes. That is when they follallowee following. And nasdaq after closing of the lowest level since mid march, and king of amazon, king of retail, and we will get you some numbers that might surprise you when squawk alley continues. Theres a lot of places you never want to see 7. 95. [ beep ] but youll be glad to see it here. Fidelity where smarter investors will always be. If only the signs were as obvious when you trade. Fidelitys active trader pro can help you find smarter entry and exit points and can help protect your potential profits. Fidelity where smarter investors will always be. The retail roller coaster continuing this week as gap announced they will close 75 stores, but the retail sales are up, so is the e ecommerce part of the business where the retailers should be focusing . With us is the retail analyst at oppenheimer and also with us the coemeritus of global sales. So tell us how much of the company is investing there, and we know that amazon is king of the hill, and wo is number two, and why . Well, in terms of the total online sales, ebay is two, and amazon has a 20 share, and ebay with 13 share. Both of those retailers i think they really figured out mobil at a early age, and both of them are generating significant sales from the mobile sales. Mobile is 20 of all digital saeldz, but it is up 40 . Desktop spending is up 11 . But it is pretty clear that the channel shift to online is just continues unabated, and it is posing the challenges for the traditional retailers who both have to try to get their share of the channel shift in terms of the sales, but what they are finding is that when they get the sales online, the cost of those sales are probably higher than they would like to see, and i think that comes back to amazon, and amazon prime and free shipping, and now we are seeing 70 of the transactions involved online and free shipping, and there is a real cost to that and that is hurting some of the retailers in the transition. And anna, how much of say gap thes troubles have to do with the e ecommerce and amazon and how much of it is bad retailing . Yeah, a great question. We are in the campp that certainly online is the way to go. Certainly, the amazon prime lure to the todays consumer is something to be weary of the traditional retail models out there, and no surprise, our retailers have been investing aggressively in the mobile, a the retail channel has been a worry are, and for gap, we worry about the brands relevancy for the gap brand and Banana Republic in particular. Intere interestingly this week ceo art peck mentioned the possibility of selling on amazon which remains to be seen, but certainly, indicates that gap is thinking the about that. And walmart has said in the last week or so, that it is going to be trying the testing of the twoday shipping out as well, and jeff bezos says that everybody elses margin is my opportuni opportunity. When you see a retailer giving away the margin to invest in a logistics to take to compete with amazon or saying, i will el sell my stuff on amazon . Well, for a specialty retailers the differentiation of the model comes to the fact that they sell their own brands primarily. You do want to do that in your own channel. Although being cognizant of the fact that there are other Distribution Channels out there that are obviously closer to the consumer, so it is going to be a combination of the two. Again, for traditional retail models being closer to consumer and making sure that the consumer can return the product, and very easily either back to a d. C. Or to the stores, and they have been the bulk of the investments being made, and i think that we are realizing now that, yes, they do come at the cost, and it is the way to go in retail nowadays. And jan, it would be nice if you could keep everything close to the vest, but in this case, beggers cant be choosers, right . Yeah, i mean, it is the real challenge to try to maintain all of the costs associated with physical stores while at the same time, you are investing in all of the infrastructure needed for online. Then you have to deal with the price pressure, and the prices seem to be lower online as well as these costs of free shipping. You know, as we pointed out in apparel, you have the return issue where a number of young Startup Companies started to offering free returning forcing the established retailers to do the same thing, and that takes another bite out of the margins, so it is a big challenge. Yeah, and if you have not figured it out mobile and all of that business as a retailer, makes you wonder if it is worth it to dive in now. Thanks to both of you now, and gian and anna. Thank you for having us. And the latest on the disappearance of egyptair flight 804. We are live are from paris in a moment. Egypt says it has found wreckage from the flight that went missing. We have the latest. Operations are undergoing in the med triterranean and we understand that three american planes are helping with the search and rescue operations, but they are absolutely sure that pieces of wreckage found off of the coast of alexandria were in fact a part of the egyptair flight that has gone missing. The Big Questions is surrounding exactly what happened to egyptair 804 and one of them is the weather prior to that flights departure here at charles de gaulle, and whether or not anything happened to the plane to make it a possible target of terror. We understand that the plane flew through the Brussels Airport and eritrea and tunisia, and so the big question is whether or not in fact this is a terror plot, why there has not been more chatter amongst the terror groups like the islamic state, itself, and in the sinai and al qaeda and there has not been any word. And so, there are authorities trying to determine what happened, and egypt is a city in mourning. We understand prayers are offered throughout the the day at one of the citys central mosques, and this is a big blow to egypt, and certainly the president ial of abdelle el sisi, and also if this is going to be having implications for the future of the president of that country. Thank you, hadley harris. Going to what we can expect for the next few days, lets bring in the drirector of the counter extremism project, and former cia analyst. Tara, good to see you. Thank you for having me. We got word that the u. S. Officials were looking at the satellite imagery, and the greek officials are trying to to use radar information they v and what resources do officials have to go on as the search for the black box continues . Well, one thing that is key is coordination, intraagency, intercountry coordination and communication on the intel jns sharing front. What they need to do to piece it together is to recover the wreckage to find out anything on the black box and the forensics to see what coutype of people cd have made that type of a bomb, and then look at the passenger and contact list, and in all of the airports that you mentioned. While the french airport has high security, they have had problems getting rid of employees there because of the france Extremist Group ties. And also, there is a big problem with extremism from france. But it is weird that we have not heard any group claiming the attack, and that is the one big question mark surrounding this. What is the time frame that you would expect a terror group the comeer forward to accept reare responsibility for this . Well, usually it is going to happen quickly, and not immediately after, but the terrorist groups like to use the med