and about the van ti fair article. sure microsoft whiffed, but it's one that's not afraid to take a big chance. sure they're two years behind, but if they sat back -- >> i they can increase licensing fees, otherwise they're going to have to worry about maintaining these products too. >> android is not even the same field as windows 8. >> it's a competitive operating system. >> this is a different field. >> we appreciate your time. we want to get to the market flash desk. >> disney is up with a nice run. expect one and a third in revenue, the key is, a lot of people don't know how heavily exposed they are to international and domestic. they will have growth across all of their sectors, but how big is international, that will be the key. >> all right, we'll be watching, thank you, brian, 20 minutes until the closing bell sounds for the day, gains pretty steady on the day. >> so much for investor confidence getting crushed by the knight capital trading glitch ri with will rally roll on? >>> president obama found time to talk to the lead

>> caller: my question is about microsoft. after the struggling reports from dell and hp, you know microsoft has these new tablet coming out and the new logo coming out today. i was wondering, do you think this is going to help microsoft recover? >> well, i was dazed and confused by how bad dell was and i was sent off the deep end by how horrible hewlett-packard was. it's had a big run. it's inexpensive but i no longer think it's one i want oh buy at 30 given the fact two of the biggest companies they are affiliated with are [ screaming ] >> a sound is worth a thousand words. jude in new jersey. >> caller: your staff is terrific. i have an easy question for you. -- investing in manchester united. is that good? >> i pulled up one of the members of the u.s. olympic team that got the gold. she was telling carl quintanilla my partner she thought manchester united was terrific. it's terrific to watch. it's not terrific to -- i'm not going to say invest -- buy shares in that company. i'm a seller not a buyer if i had the opportunity

how about microsoft? the stocks went too high. into a rally isn't solely about turning a profit then and there. we are looking to buy uh low and sell high. so a big up day or two gives you a great chance to lighten up. but the best reason to take profits or cut your losses during ale rally all boils down to what i talked about at the beginning of the show -- preparation. what am i talking about? look. i believe you should be prepared for the bad days down the road. maybe i can be a class half empty guy. except of course when i'm a glass half full guy. mostly because the bad days are just as inevitable as the good ones. if you haven't learned that what's the best time to get ready for inevitable down days? how about during or after a big up day? think about all the times our market has roared off some ethereal talk about potential solution to the woes in europe. boom, we go up only to come back down when a german official puts the kibosh on anything that would help. imagine how much better you would have done if you used the initial

microsoft and it will challenge google's popular g mail. >> this is pretty amazing. it is competition, no doubt about it. crosoft is not replacing its hot mail service, instead this is a whole new web-based e-mail system called outlook.com. the news service will let you link up directly with your facebook and twitter accounts. and a tech editor said that, unlike google, outlook.com will not have ads based on what is in your e-mail. >> there is advertising. it allows it to be a free service but they aren't putting ads targeted at the actual text in an e-mail. >> which a lot of people find extremely creepy. outlook also aims to show more messages and push ads off to the right side of the screen so there will be less clutter. >>> the bay area toy making company that uses all recycled plastics is now recalling thousands of its toys. green toys in mill valley is recalling 50,000 mini cars and trucks, including that one right there. the company said the wheels can detach and pose a choking hazard. the company received ten reports of lose wheels and hub caps. however there were no reports of injuries. green toy

about. >>> microsoft is overhauling the hotmail e-mail service.be invited to try a new alternative service. good morning, allison. >> good morning. ah, the memories. remember in the '90s when your e-mail options were aol, yahoo or hotmail? yahoo! will be the last man standing as aol is considered a relic and microsoft is phasing out hotmail. this is a radical overhaul for the company. over the next few months a number of hotmail users will be invited to test out the new outlook. yes, what's olds new again. eventually everyone will be transitioned over to outlook. but no firm deadline on when that will happen yet. don't worry if you are an existing hotmail user you can keep your hotmail or live.com address. new users will only have the live or outlook options. hotmail is still the world's biggest e-mail service with 325 million users. gmail and yahoo! follow with 298 million each. who knew? >> will there be exciting new changes in the new outlook? >> it seems that way. what microsoft says is the e-mail will maut matcally label e-mails it detects ar

microsoft's products are so complicated. and it is because they're overloaded. they have over loaded their engineering centric. they're abouttting people to put in things that they think will look good on an engineering basis. >> do you think microsoft will be able to get the mojo back? >> only if they break up the company. >> only if they break up the company? >> there is no way for a company that is competing against everybody, where every division is weighed down by you know, massive beurocracy, you know, thomas edison didn't invent the light bulb like that. >> it has gotten so big. thank you so much, kirk eichenwald joining us. >>> coming up next, lydia bastianich and me will sit down and have a meal at the table. and have a meal at the table. >> everybody to the table, with scottrader streaming quotes, any way you want. fully customize it for your trading process -- from thought to trade, on every screen. and all in real time. which makes it just like ving your own trading floor, right at your fingertips. [ rodger ] at scottrade, seven dollar trades are just the start.. try our easy-to-use scottrader streaming quotes.

. >> and microsoft is change their policy on their new operating system to opt in? >> which is what you were saying earlier abouthe industry component. microsoft and do that and sickened by the way, go to as because we have this. no one else does. so i think that is a piece of where the indices that actually works. yes to no licking resonated them. we talked to them and the toes of ahead of time and we are preceded. now, tomorrow to jettison that policy, but at least it is there now, and if you have government oversight and compass, it would prole better. >> what is your view on how the obama administration has approached privacy online, the justice department,. : estimates that track. >> we have had positive dealings with justice on it. and, you know, ftc end of the company's, the industries that are involved. a few of them. the consumer financial protection bureau will take a bigger and bigger role. not only smart, but an attorney general, and he gets it, and he is a consumer advocate, so they will take a bigger role and hopefully be more effective and some of the others. we have had nothing deposit dealings w

we're about to embark on a microsoft is changing the first generation of e-mail. they have been doing that for the last six months and we're in line to get the city system that is upgraded. that has even additional capabilities that the first generation did not have an ally of the departments that expressed concerns about the functionality of the first generation have told us that there excited about getting on the new version. supervisor chu: what generation of all look are they on right now? >> they are transitioning all of their users that are on the initial system to the new season -- system. >> now they're moving to it through 65. there is nothing in between? >> it is a rare branding of their product. is it behind the scenes of great. there is nothing we have to do. it is what they call back office upgrades that will get to realize the benefits of. supervisor kim: in all the years that outlook has been around, they're still on the first generation and their expanding? >> they upgrade exhaust -- microsoft exchange. the first online a-list and -- system was col

microsoft's products are so complicated. and it's because they're overloaded. they'rer inning centric. they're aboutetting people to put in things that they think will look good on an engineering basis. >> do you think microsoft will be able to get their mojo back? >> only if they break up the company. >> only if they break up the company. >> there is no way for a company that is competing against everybody where every division is weighed down by, you know, massive bureaucracy and massive amounts of meetings and memos, you know, thomas edison didn't invent the light bulb with the los of meetings and memos. >> it's gotten so big that the bureaucracies are there. kurt, good to have you on the program. thanks so much. >> thanks for having me. >> we'll see you soon. >>> coming up next, lydia b bastianich and me will sit down and have a meal at the table. >> everybody to the table and let's eat. >> we'll be right back. ♪ i want to win [ breathes deeply ] ♪ this is where the dream begins ♪ ♪ i want to grow ♪ i want to try ♪ i can almost touch the sky [ male announcer ] even the planet has an olympic dream

. >> host: didn't microsoft just change their new policy on their new operating system to opt-in? >> guest: which is what you were saying earlier about the industry component. microsoft can do that and say, by the way, go to us because we have this and no one else does. so i think that's a piece of where the industry side actually works and, yes, we congratulated them. we talked to them, they told us about it ahead of time, and we're very appreciative of it. i think that's exactly where we ought to be going. now, they could decide tomorrow to jettison that policy, but at least it's there now, and if you had a federal law that oversaw and encompassed that, it would probably be better. >> host: what's your view on how the obama administration has approached privacy online, the justice department, dhs, etc. >> guest: we've had positive dealings with justice on it. um, and, you know, and the ftc, all the companies that -- all the agencies that are involved, and there are a few of them. i mentioned the consumer financial protection bureau because i think they're going to take a bigger and bigger role. richard cordray is not only smart, bu

. >>> apple is worth about $623 billion which tops microsoft's previous record which was 14 years ago. apple's stock has hit new highs recently. investors wait for the launch of the iphone 5 and possibly a smaller, cheaper ipad. on the flip side facebook stock as we reported before has hit another all time low. it closed below $19 a share which is worth less than half of the initial public offering back in may. >>> well, it just got more expensive to fly. southwest airlines is raising prices on some round trip fares by ten bucks and several large airlines quickly mahed that increase. they say when southwest carries a lot of influence in fares because it flies a lot more passengers than other carriers. they keep raising fares because the cost of jet fuel is going up. >>> nearly 50% of all doctors suffer some sort of burnout. >> we're back with that story and your weather first. keep it right here. >>> 4:44. welcome back to nine fine now. -- to 9news now. i saw big raindrops on my windshield this morning but then everything cleared out. >> we still have the cloud cover. mostly cloudy co

no. 4, microsoft is thinking about the big holiday rush. the company will open a dozen pop-up stores in major cities across the country. mike soft expects this holiday season to be busy with the launch of windows 8 operating system and a new device called the microsoft surface. no. 3, iphones on sale, yup. apple is reportedly authorizing retailers to off $39 discounts on the iphone 4f and iphone 4 if the customer finds it for a lower price at another outlet. media reports say apple is expected to unveil the new iphone next month. no. 2, need help getting around the district on a bike? a new website app called bike planner can help. it was launched today. cyclists can use it to find the least congested and more direct route to get to their destination. no. 1, the price of gas is spiking according to aaa. the average price of a gallon of gasoline is $3.67 a gallon up more than one cent overnight and up 10 cents from last week. a rise in crude oil prices, pipeline leaks in the midwest and refinery fire in california are said to be the blame th

they were introduced in seattle and boston today, sending a signal microsoft changed thinking about how people are interacting with technology. >> san francisco fire department honored several people for acting quickly to save lives. they included two women that saw a 21-year-old sasha mccanyon collapse while exercising in an apartment building workout room. they realized his heart stopped and they gave him cpr and followed first aid instructions this will firefighters arrived. >> i felt comfortable doing it. i'm so glad we were there to do that. there is no way we're going to let him go without help. we would have done anything for sasha in that moment. we don't know him. >> the chief pointed out though rescuer arrived within minutes of being called, often makes a difference between life and death. >> that is remarkable. >> a way area man proposed to his girlfriend at the spot where the couple met four years ago on cal train in san francisco. >> i thought cal train would be the best place to do that. i got her friends and family onto the train and she had no idea. >> and maggie sheldon

more start-ups are thinking about selling. microsoftbeen buying up social tools. facebook, groupon and zynga's declines are pushing back plans by six months and also depressing valuations by about 20% to 30%. now it is not all bad news. renaissance ipo research says the ipos that have met that higher bar and gone public since facebook's ipo have had an average return of 18%. that includes palo alto. so far we haven't seen signs of facebook's debacid he boebacled. second quarter, the number of early stage deals reached the highest number we have seen since 2001. so we will have to see if those numbers hold into the third quarter. back over to you. >> all right. julia boorstin, thank you for that report. coming up next, barnes & noble getting a boost from "fifty shades of gray." revenue still flat. book retailer stand a chance? ultra competitive tablet wars. we will talk about that after this. you want to save money on car insurance? no problem. you want to save money on rv insurance? no problem. you want to save money on motorcycle insur

they said that's because microsoft has windows 8 just about to be launched so people are holding off spending money there and the old big box electronics stores not doing so well. best buy getting beaten up in trade. >> we're going to get our first look at the fed's july policy meeting minutes. what will wall street be looking for inside there? >> this will be fascinating because i think confusion reigns right now about what the fed will do. i don't think we're going to get clear guidance from the minutes. there's too much division. with the s&p around 1,400, we're not going to get a clear picture. we're waiting on wyoming. it will be the jackson hole meeting at the end of the month that is more likely to give us some firmer signal of what ben bernanke's current thinking is. it will be interesting to look at the minutes in passing but they likely won't give us any further clarity on qe. >> waiting on wyoming. geoff cutmore, thank you. still ahead, two's company, three's a crowd. leno and letterman get more competition. and how tropical storm isaac could cause trouble at the republica

about how much snow is expected this winter. and microsoft bill gates is making the switch from technology... to átoilets.á why he's asking the world to compete in the ultimate toilet challenge. you're watching fox 45 morning news.. all local.. all morning. ((break 3)) ((bump in)) microsoft mogul bill gates looking for ways to "flush out" contaminated drinking water around the world. and as rick leventhal explains... he says the answer lies in the bathroom. bathroom. p from technology to toilets... bill gates and his wife, melinda are looking to clean up the world's sanitation problems... one toilet at a time. the microsoot founder and philanthropist hosting a "reinvent the toilet fair" this week in seattle.elias says: "this effort - the 'reinvent the toilet challenge' - is quite critical because what moss people don't realize is that 2.5 (b) billion people, that is roughly 40 percent of the population on the planet, don't have access to safe sanitation." the united nations estimating disease caused by unsafe sanitation results in about unsaf

microsoft and amazon about how google needs to be investigated for antitrust.s organization's mission is to go after google. >> let's not forget that the ftc did fine google. >> for $22.5 million. >> for tracking users who were under the do not track -- >> based on a complaint we file zb . >> whoa, whoa, whoa. they were fined because they went under the do not track privacy settings. you say justice wasn't done? >> they admitted no wrong doing. >> they paid $22 million. >> they represent nobody except for people who are paid to just come on tv and talk about these issues that consumers don't care about. >> let's put aside -- you know what? let's put aside who's getting paid what which is a conversation worth having. the conversation we're having right now is the privacy issues surrounding google. and what can be done about it. nicolas, bottom line, this privacy issue, is it going to hurt the company here? is it hurting people? tell me your view on this. >> no. >> we're talk about privacy, all the information google has about us and what they're doing with it. w

for many people, richard, as you look forward for the future of microsoft, it's very much about the launchwindows 8. would you disagree? >> very, vur much tied in to windows 8 and affects hp. of course, hp has some legs out there besides windows and an exciting fourth quarter. >> quentin, where are you on microsoft? >> i think windows 8 is important but you have to remember that's something of the old world. that's the days when pcs were stand alone objects and that operating system generated all that cash for microsoft. i mean, it's not anymore. they're connected to the cloud through the internet and these multi-country data centers operated by google and amazon and apple. all of whom make their own devices and, you know, assist in operating systems and operate big data centers and software that interconnects with all that. i give microsoft a lot of credit here because they have moved from the old world in to the new. they have built the data centers. they came out with the surface tablet. they own piece of hardware. they have the xbox and trying to contend with the new world. the stock h

a too edged sword because more people read the books and have begun interesting microsoft for example, plans bitterly aboutolicy in the third world, people stealing their operating system windows. i think they are kidding because what happens with microsoft is these people maybe they stole the operating system but now there are all sorts of other microsoft projects that they decided they want so you become microsoft and not apple which helps microsoft. then the question is there are other ways which historically and no reason why they are compensated. it's not true it used to be patrons not royalties they are relatively recent development. as long as there is a demand for new works and art and so on there are lots of different ways of conversation and also in piracy but i think it is right there is an impact that it's the least established authors and a tradeoff between the great access that computers get off to the consumer of intellectual product swap and the disincentives for the product if they are not fully compensated. >> well, first i have to defend the authors guild pursuing google not as an act of

about selling. we have seen microsoft, oracle sales force have done big acquisitions in the social space. now, it's not looking like a bad option. >> thank you. julia boorstin. >> closing arguments set in what is being billed as the patented trial of the century, apple versus samsung, one suing the other for copying technology. jon fortt is live with more details. >> hey, sue. sometimes it can feel like this patent trial is taking a century. there's a lot of stuff to slog through. right now, the jury is getting 84 instructions from the judge. you can see apple stock today down a bit. might not have anything to do with this. it's been trading at all time highs. what the case is about, apple alleges samsung has copied the hardware and software in the iphone and ipad and infringed on apple's trade the overall feel and samsung said apple copied some of our wireless patents and interface improperly. samsu samsung was on defense much of the trial. we'll see if that was smart. >> the story i expected samsung to tell was apple is talking about hand gestures and rectangles and color of icons. we h

microsoft. >> i think they are hoping about a brush of buyers, then you have windows 8, we can't say for sure if microsoft is going to be successful. it has interesting products. the company plans to create pop-up stores for the holidays in addition to its mall stores. the job description says you should love helping people explore the way microsoft technology can make a difference in their lives. that's a link to nbcbayarea.com right to the job application. a new kind of search including your own gmail. if you search for american airlines, the e-mail is going to show up as one of the choices. you have to be logged in. obviously people other than you don't see your gmail in their searches. hue complete packard will take the biggest loss in history to write down the value after company it bought, $8 billion it stems from the edf it bought. hp says it way overpaid. it bought palm for 1.2 billion. we'll be right back. [ male announcer ] now at your neighborhood subway: dinner...is...served. tonight, take it easy and enjoy your favorite soup, salad and hot, hearty sub. like the toasty big hot past

about that? >> i think it's very possible. people have been saying out here that the highest building materials of the smartphone is likely to be the patent payment that you are making to microsoft or apple or samsung or whoever wins in this case. it's a very important part of what's happening in the smartphone market. >> we'll keep you around. we want to talk to you about mobile payments. what's the next biggest thing in technology that you have your eye on. we'll do that on the other side of the break. you have heard from traders and now we want to hear from you. who will win the big tech battle? tweet us and we'll air some of your responses later in the show. coming up, cisco reports earnings after the close. buy and sell arguments for the tech bellwether when we come back. how do you know which ones to follow? the equity summary score consolidates the ratings of up to 10 independent research providers into a single score that's weighted based on how accurate they've been in the past. i'm howard spielberg of fidelity investments. the equity summary score is one more innovative reason serious investors are choosing fidelity. get 200 free trades today and explore your next inve

. >> how about the thesis that potentially microsoft, nokia, and even rim will get a boost because of this ruling? >> i think you kind of throw rim out because they forgot how to design. in terms of nokia and microsoft i think they could get a near term benefit from this. i think that, again, it comes down to samsung, some android products are going to be pulled off the shelf. i think nokia in particular -- nokia and microsoft are probably going to be the two other winners. >> gene, with the smoke screen of everything we're discussing today, amazon just slowly creeps up higher and higher. are they benefiting from this in any way, shape or form given that they were the only ones that really gave apple any competition with their ipad or tablets in that space, or is it cloud that we're missing? what's the next big headline to drop there? >> well, amazon, the reason why that keeps going up is because e-commerce. it's 7% of what people buy in the u.s. is bought online. eventually that's going to be 30%. amazon is going to dominate that. that's a slow creep higher with that. i think if some

microsoft. apple share price rose 2.6% from friday's close. it ended the day at an all-time high, $665. speculation the firm is about to release new smartphones and tablets, and lifted the capitalization to $623 billion. that's $3 billion more than microsoft hit in the height of the dot com bubble. apple's rise comes as a series of new product releases boostd peck tags xd -- expectations and the resumption of dividend payments first time in 17 years. the fortunes of people investing in facingbook haven't gone quite the same way. the biggest initial public offering ever. shares have slumped to less than half their initial price. the social networking firm shares on the nasdaq exchange reached a new low monday. $18.75. investors fear the firm does not have great potential for growth and things could get worse. facebook price began to slide soon after topping ipo price of $38. the day the company went public. >>> u.s. president barack obama has warned syria against using any chemical or biological weapons and mentioned possibility of military action for the first time. >> we cannot have a situation. we have been very c

about apple. a oo more valuable than microsoft was bigger than the boom in 19 # 9. a tail of two facts facebook hit an all time low. >> it is 12 minutes after the hour. sol linda keeps adding up. wait until you hear where the tax dollars are being spent. there are things ending up on display we want to tell you about. the government wanted banks to rescue under water homeowners. they said no way. now taxpayers are left footing the bill. we will report you decide whether or not you think this is fair. why should saturday night have all the fun? get two times the points on dining in restaurants, with chase sapphire preferred. >> 15 minutes after the top of the hour. here's what you missed while you were sleeping. president obama's campaign spending more than it is taking in. obama raised 49 million but spent more than 59 million. mitt romney's campaign took in 49 million in july and spent almost 32.7 million. it's a split decision for two southern states fighting illegal immigration. a federal appeals court ruling it is unconstitutional for alabama to require schools

about ample >> the news keeps getting better for shareholders. yesterday's stock closed at an all-time high end in the process absolutely obliterated the prior record for a public company that was held by microsoft. apple closed at $623 billion in change, about $7 billion more than it was worth in 1999. usually apple stock does get a huge bump before a big product rollout. we expect to see the iphone 5 sometime next month. facebook, a different story. one of its key earlier investors revealed yesterday that he sold 20.5 million shares of its private stock in the first expiration of the lockup from the ipo and that netted him $400 million after his $500,000 investment several years ago. some are worried about the timing of this with facebook stop falling. this is something he worked out prior to the ipo and facebook had expected that most of the shares will be bought by other investors on the retail level. the stock market is off to a positive start. apple shares are heading higher up another 1%. the market cap is now worth $632 billion. the dow gained 12 points, nasdaq is up by 13. facebook stock heading lower this morning, just over $19 per share. >> 400 million on a half million investment. >>

if you do use 2012 dollars as jon points out microsoft was really worth about $850 billion back in theay. remember last week we talked about the end of the facebook lockup where early investors could sell share they wanted. we get a better picture. one of the sellers is this man on the left, peter teal, made his first billion founding paypal. he sold 20 million shares of facebook leaving him about 5 million shares. jetblue has been fined $90,000 for what it didn't tell passengers. earlier this year people on the way to san francisco from new york were delayed for hours at the gate at jfk. under new federal rules, if the delay lasts more than 90 minutes they are supposed to tell you you can leave the plane if you want and then repeat that message every 30 minutes there after. the rules are part of the passengers' bill of rights put in place because of an incident a few years ago when an ice storm left people stuck aboard jeet blue planes for nearly the whole day. >> that is brutal. >> thank you. >> the forecast does not sound awful. >> you might get stuck at sfo this morning. we have lo

everybody is talking about apple and microsoft. apple stock has been soaring. nearly $61 billion it is the most valuable company of all time. the previous valuation set by microsoft from 999. on the flip side, is facebook. there stocked is trading below their ip 0. it was less of $38 less than half. $18.75 was the actual blow. a little bit of a bounceback. and the social networking site started off on a rope rocky roa with difficulty on the nasdaq. and they have still trying to recover. >>justine: this just in to the kron 4 news room this live picture of a very bad accident involving this bus pass slammed into this house. five people are going to the hospital and a 10- 15 people were on the this bus . let me show you that it smashed inside of maryland. we are not hearing if anybody inside the house was hurt. however we will keep you updated. we will be back. and let us take a look at the approach to the bay bridge >> 6th term republican termakin is backpedaling from a controversial abortion comment. >> you have been polite your entire career. >> wahl defending

apple's $623 billion market cap is about $4 billion more than the record microsoft set back in 1999.t from cnbc. we are first in business worldwide and now, back to "hardball" and chris. >>> welcome back to "hardball." if todd akin insists on staying in the race, he will have accomplished to things for democrats f one, give them a juicy symbol of the war on women and two, a -- he may hand to democrats a senate seat, but until yesterday, they figured to lose. so how will the democrats attack and how will republicans react? with me now, todd harris and steven. todd, the ball's in your court. would you keep this guy? despite what he said? >> i agree with john cornyn, who said he ought to step aside. these comments not only are they outrageous, but from a purely political strategic standpoint, this is a massive distraction and as long as he remains the republican nominee, that distraction is going to continue. >> but tony perkins of the family research corporation, one of your close political allies, says he's fine. he should stay. doesn't that influence your opinion in his favor? you're

about these places where one network can connect to another where you have the router of one network of comcast or time warner connected to the router of another network, facebook, google or microsoft, and that's a very physical process. it's about big refrigerator like machine with blinking lights in the yellow cable connected to it and strung up to the seat of a building like this and down into the cage to the router of another network. and the art as many of these places as you might think. there are about a dozen of these buildings in the world that are by far the most important in order of magnitude, more important than the next tier measured by the fact there are places where more networks and meet than any other. in seattle it's the west building which action i did not visit. i know it is if not in the top dozen, sort of next, very next tier of most important buildings. but the thing that's interesting about it, that there's a kind of publicness to it. yes the buildings are sort of highly security. you can't just walk in, and there aren't at least yet brewery style tours of the internet, but because they are the places where networks meet, there's a lot of conversation about

about it. the new microsoft surface tablet is not a gadget.t windows 8, the new version of the operating system. in six years, there hasn't been a new nintendo wii. and i told but the kindle and the kindle fire. so big fall, big gadget fall we're expecting. so watch the space. >> and if you were looking at the video of the first gadget, i think it was the kindle and a little kid, a really tiny kid. that's on their chris litmas li. >>> let's send it back to john berman, anchoring our corage of the republican national convention. >> we're here in patch's place, a restaurant here in tampa. the convention center is all but shut down. just ahead, that's where mitt romney was laying out his plan, trying to reveal the real man in the biggest speech of his life. will the polls show he succeeded? more live from tampa coming up next. gives you a 50% annual bonus. and everyone, but her... likes 50% more cash. but, i have an idea. do you want a princess dress? yes how about some cupcakes? yes lollipop? yes! do you want an etch a sketch? yes! do you want 5

talk about information op criminals and different thing when you talk about the general public. >> plans are in the work for microsofto sell the domain awareness city to other cities and u.s. allies. because it was developed with the help of the police department, the city will receive 30% of all sales. bret? >> bret: david, thank you. >>> the mars curiosity rover is sending back more images from the red planet. this is the latest image from nasa. it shows the martian horizon. curiosity is on a two-year mission to determine if the landing site could have ever supported life. >>> it's getting nasty out there on the campaign trail. we'll talk about some of the harshest rhetoric so far and the latest ads. when a special edition of fox all-stars joins me after the break. [ male announcer ] when he was only 4 years old, jonathan horton climbed all the way to the ceiling... in the middle of a department store. some parents might have scolded him. ♪ jonathan's parents gave him... gymnastics lessons. ♪ it's amazing how far you can go with a little help along the way. ♪ td ameritrade. proud sponsor of the 2012 u.s. olympic te

. >>> well, the world's largest free e-mail system is about to get a -- is about to get a new look. microsoftl bring all of the users over to outlook. they include more integration with social networking sites and ability to open, add and share documents. >>> jimmy due preis -- jamie due -- jamie did dupree is live via ski regarding the extended bush tax rates -- skype regarding the extended bush tax rates. >> reporter: basically, the democrats prevailed. this time the plan that would allow taxes to go up on fan income over $20,000 and individual income over $00,000 that will be defeated first. we'll see mom and they will be able to push through their plan. and then later this week, everybody will go home for their august break. >> i mean, what happens, i men, the president has already weighed in. no big surprises. everybody knows the back-and- forth is gonna happen. what do people expect? look, nobody is gonna give -- today, in just the next hour, you will have a speech by president obama, a couple of them. he will do the same thing in florida and virginia in which he mr. push very hard on t

microsoft's 1.7% stake in facebook is now worth about $550 million and would be worth more if not for the spectacular slide since the ipo. and and sources tell bloomberg approached him about a sale and the unit is considered the most valuable asset and could be worth as much as $2.5 million. >> there is new wall wea wear -- malwear reportedly targeting banks in lebanon saying it's similar to recent malwear targeting computers in iran. the wide spread speculation waits state sponsored and first believes this may be as well. >> and apple reportedly authorized stores to match discounts from the iphone, the move after sprint started discounting iphones by $50 and isn't advertised and customers have to kmengs a promo to get the lower price. and stocks were down, but had a late turn around. the federal reserve may add more stimulus. shares of oracle, intel and apple helping to pull the intex up. and get this. you know that google gives employees a lot of perks, free hair cuts, fancy food, doctors. well, it turns out there are after life benefits as well. if a google employee passes away, th

about last month. dell and hp and intel and microsoft working to recall conflict metals, because these metals are usedel a deadly war there. and so we traveled to the most desolate parts of the congo to find people digging for the metals. >> it is 5:30 in the morning here of the numbbi mining town. this is a town with no electricity or running water. we basically got stranded out here, which is not really part of the plan. they didn't take too kindly to us initially, but they were even worried about our safety, because we are in south kibu, and they are not used to this thing, a bunch of foreigners spending the night here. they gave us a little house to stay in. then they offered us a couple of soldiers to guard us all night long. you know, yesterday, we experienced them trying to keep some secrets hidden. so today, we have a plan to break free, and we are going to go a couple of clkilometers and set up and wait for the miners to show up to see how these mines operate. this is the main numbi mine, and we just got here, and these are all miners who work right here. it took two days of tracking and look

microsoft. paul kirby is our guest reporter. >> host: we're talking about priority access and kind of the hierarchy of sharing for the federal spectrum. a number of parties have made the case the federal agencies, for this to work, have to be assured that their spectrum, their operations won't experience interference and even in the report it mentions there could be, basically, a shutoff of the commercial operations if there's harmful interference. mr. mundie mentioned the tv white spaces databases. there's a couple of them right now, but it's not a nationwide operation. can you give us, either of you, a sense of what type of assurance you think the federal agencies will need, and has the technology developed quick he enough such as the databases to give them the assurance that they will be able to to continue to operate in a sharing regime without interference? >> guest: well, in a sense, you know, immomenting all these things -- implementing all these things is a little bit of of technology and a lot of sort of operational insubstantiationuation of these capabilities. and you could say at the tai

microsoft. google. and this has been done before. talk about that. >> sure. well, bill gates, one of the founders of microsoft, late in his career stepped aside. he still kind of runs the place. he's a strategy guy. still very much at microsoft. but steve bomber runs the show. larry page, one of the co-founders of google, was pushed out of the corner office. but he returned. he is w running an immensely successful company. one of my favorites, which isn't maybe a perfect fit, is steve jobs who was fired from apple. returned 12 years later to a company on the ropes and the rest is history. so it's not even a case that zuckerberg would have to leave forever and go into sort of an ice floe exile. he'd still be there. >> i just have to squeeze in a last question, because charles cooper of cnn as you know wrote his own opinion article, and he says in part, zuckerberg brought facebook this far. no reason why he can't lead it into bigger things in the future if he stays true to himself. now, there are people, investors, who believe that this is really a buying opport

in the early 1980's, microsoft's annual profits were about $600 million a year the was also the annual profit of michael milken. they were about equally important. innovation drives growth. that raises the current -- question of what drives innovation. one is education. the other is economic freedom. let me tell you a couple of words about education. the great experts i always go to for information on this is at stanford. he has done all the research on the relationship between education and economic growth. he estimates if you could improve mexican schools to u.s. quality, you would add to% a year to their growth rate. that is phenomenal. think about what to pointed% has done for the united states. -- think about what 2.3% has done for the united states. i want to take a minute to say something about how we figured that out. you can look at different countries and notice the ones with good education have higher growth rates. that does not prove anything. because we all know that correlation does not prove causation. you have to do something trickier. i am pulling up numbers that are f

right now, with consumers worried about the privacy of their data online, google does not want tougher laws on that. microsoft and google and these folks have to compete. >> how do you find out who is sponsoring these parties? they're not always self of it with big, flashy dollars self evident with big, flashy symbols? the people who know, those who are being honored, that is what matters. >> i have been asking how much the sponsorships cost. none of the -- they won't tell me. if i go in and take photos of these elephants and the sponsorship billboards when you walk into the bar, it has the chamber of commerce on there, microsoft on it, as duke energy on there. we're keeping track of it all. >> last night at the cuban social club, which is a historic monument, there was not a full description given of how the social club got started by anarchists and socialist cuban cigar makers who would put in 25 cents -- one of my colleagues was on the show yesterday describing this -- 25 cents or 50 cents and it basically socialized medicine. they would take care of their health needs. not exactly what the republicans who