>> jon, it's an exciting day for adobe. announced stunning new creative applications. a new community integration with v hands. new collaborative features. and some great new prototype hardware as well. what we've said is that all of this innovation is going to be delivered to our customers primarily through the cloud. we have very attractive options for people who have been traditional customers to migrate to the cloud. but i think all our customers will look at the innovation and recognize a connected, creative application is the only way to create. >> it's a bold move. adobe the first big software company to move so boldly into the cloud. really excited to see where that goes. tell me, you've said in the past 1.25 million subscribers to creative cloud by the end of this year. 4 million by the end of 2015. does this move change the math on that a bit? >> no. those targets were already factored in when we gave them to the financial community. but if you think of the tens of millions of creative professionals who have bough

why adobe is taking its customers deep into the cloud. >>> i'm sam brock. the cost of health insurance outpaces everything. reality check is coming up next. >>> a major blow for the medical marijuana industry as cities get the green light to ban dispensaries. i'm jodi hernandez in oakland. i will have reaction coming up. we've made major advancements in reducing the incidents of broken bones in seniors. we've received recognition for getting hypertension under control for over 80% of our members. we've made significant advances in asthma, immunization and maternity care. and j.d. power and associates ranked us highest in member satisfaction among health plans in california. we're focusing on the big things so you can enjoy the little things. kaiser permanente. thrive. >>> we have new information just in. the story continues to unfold regarding this weekend's deadly limo fire. earlier in this newscast a survivor from that fire claimed the driver, orville brown, was on the phone and was slow to respond to pleas for help. we just got a statement from brown's f

adobe systemse1 announced itwp no longerñr sellw3oka4ñ softwars from a box.aight to your computer or mobile device. it will make thin⌝7;o easier if you want to work withw3 others the Ñiproject. >> you with clob rate with others, making a movie for example or just working on any kree yay tiff project, everyone has access tov4 the same files ur)urj really a great way to collaborate with other creative professionals. >> instead of buyingçó products one at a time you'll scribe to the cloud, 50 dollars a month. the creative cloud. this ñworld. they lose a lot of money if one shares ith everyone. >> we don't do çóthat. >> that's right. by the way can you photo shop mú photos in the cloud. >> here's the program and here's (r[p>> thanks for joining us høó 5:00. brian williams will continue the coverage of the limo accident on the san mateo bridge.Ñi >>> on our broadcast tonight, taking aim. did the latest air strikes on syria move the u.s. closer to getting involved? >>> trapped inside. a rental stretch limo goes up in flames. a group of women in the back have no wa

the primary tool i use to do this was adobe photoshop, which is a beautiful tool. a sickly adobe press a color overlay over the original black-and-white photograph, but it does not alter the black-and-white contrast -- black-and-white ranch in contrast. this is nearly over the top of a color on a shirt will be lighter or darker, but it does not modify the black-and-white image underneath it. back to my photos were colorize trimming action. various devices were used. crayons, pastels, and. usually, the best ones on backbone were the ones that were the most transparent, which then allowed you to see more of the black-and-white image behind it. with the advent of the quality of photoshop, you are allowed to do that with no restrictions. it's really a phenomenal program. again, going back to the detail of these scans was so good i could just move then into individual but on a group in a field half a mile away and then go back and you would see every bit of it. so my next job was to try and do some research on it purpurea colors for this staff. there are a glut of sourc

i was at an adobe conference talking about how we use their software. we are a small publication, and the strategy i fast follower -- we look at what hearsrst and cÉe nast andnd telelevision stations and newspapers do, an we try to capture what is best from that. that strategegy has s workeded y well. it isave heard you say not an porn for you to be the first, you would read -- not important for you to be the first, but let someone else gamble. >> let them do something, and find out it does n work. there are a lot of examamples. >> there are a lot of different publications in washington, but you have more depth and are also willing to dodo articles tt might be more soberining than se of the magazines that focus more on party pictures. would you say that has helped because readers are more dedicated to your product? >> o average reader spends one hour and a half with our magazine and that is because we have great, longform journalism, and then fund gossip and fact. that is ththe secret sauce. it i is the mix of the magazine. we have redesigned it. newave

adobe is a defense company and automotive company and that, freddie, has got gainf.t's go to john in california, please. john. >> caller: hey, jim, boo-yah, from the sacramento valley. >> sacramento valley, i parked my car and lived. 10th and p. is it still a nice neighborhood? >> caller: okay. how about cbs, isis pharmaceutical, qualcomm and nike. >> wow, these are some of the more creative portfolios out there. okay, cbs, k-mart, good this morning. nike is breaking out. it has a technology company these days. isis pharmaceutical. we make that a spec. qualcomm disappointing quarter, is it okay. we got a tech, a spec, an industrial, let's call it an apparel company and a drug store campaign and that -- a dug store chain and that is perfect. mad mad is back after the break. humans. we are beautifully imperfect creatures living in an imperfect world. that's why liberty mutual insurance has your back, offering exclusive products like optional better car replacement, where if your car is totaled, we give you the money to buy one a model year newer. call... and ask an ins

adobe says it will help it respond faster to changes in the marketplace. your golden years may not be where you think. tennessee coming in at number one on bank rate's top ten list obviously best states to retire in. they look at cost of living, taxes and crime rates as important factors for a good place to live for seniors. now we continue to our "countdown to the closing bell" with cheryl casone. ♪ ♪ cheryl: warren buffett wrapping up another meeting with shareholders. could you be a shareholder and not even know it? here are the top three mutual funds with the biggest holdings in berkshire hathaway class a shares. in third, the davis new york venture fund. they own more than 6,000 shares, according to morningstar, down about 15% so far this year. in second point, american balance fund. this is one of the biggest mutual funds out there. they hold nearly 9,000 of berkshire shares class a, up about 10% so far this year. and berkshire, the fidelity contra fund. the nearly $90 billion fund owns more than 22,000 shares of berkshire, and the fund is up more th

other news, san jose's largest company, software company, adobe, says it will no longer sell software. it will be rented through the cloud. a subscription model that will help adobe users save money and make their earnings much less irregular. i don't buy music from itunes. i pay $9 a month to spotify. i can't think of the last time i bought a dvd. you can rent on demand. the idea of owning an object is a little old-fashioned if you can do it for cheaper somewhere else. >> pandora, free music, all that good stuff. >>> everything going to the clouds, including the rain this morning. >>> let's check the rain out this morning from meteorologist, christina loren. you made it to tuesday. that means monday, check, we can get past that and move on to the good times, which are going to get better in terms of your weather pattern. we have showers continuing to stream john lore shore. we have a cutoff impacting central and southern california. we are still going to see some wrap-around cells move through the bay area as we head throughout the day today. look at this. we are still getting snow s

adobe, adbe. and united health group, uhc. and lockheed martin, lnt. >> wow.good portfolio. [ buzzer ] lockheed martin, come on the show, you know i'm begging you. you're doing a great job. not as good as humana, but still pretty good. ford is a breakout. i think the stock can go to 15%. i think gm can break up to the upside. cms energy is my favorite utility. adobe an okay company. tech, health care, automotive company, that, freddie, has got game. i like that. let's go to john in california, please. john in. >> caller: hey, jim, boo-yah from sacramento valley. >> sacramento, tenth and "p" where i parked my car and lived. >> it was a nice neighborhood. still okay? >> caller: how about isis pharmaceutical, qualcomm, allison transmission, and nike? >> wow, man, these are some of the more creative portfolios out there. nike, the stock is breaking out and absolutely has a tech -- i'm calling it a technology company these days. okay. an industrial. isis pharmaceutical. qualcomm, disappointing quarter. probably at 61% is okay. a tech, a spec, an industrial, and a d

your bloomberg silicon valley index dropping as shares of adobe and apple split. and you tube set to begin selling subscriptions to 30 channels of content. each will cost from 99 cents to $7.99 a month. from mountain view, i'm emily chang, back to you. >> thank you. i'll be watching the mixed marshal arts channel. >> i know you will be. >> it's beautiful, but gusty. >> especially at the coast. it's nice, beautiful and mild inland. you can see low clouds at the coast. it has been the pattern of late. we've got sunny skies in most inland locations right now. cloudy skies there. you might be able to detect shakiness because of the strong breeze there. forecast features, low clouds overnight, sunny, mild tomorrow, we'll see warmer mother's day weekend weather so it's going to be a lovely weekend ahead. satellite composite image shows a movement of the systems 12 hours or so. that destabilizing system brought us weird, wacky weather pushed to our east. high pressure now rebuilding bringing us dry conditions, tonight look for areas of low clouds and fog pushing beyond t

your panel today is cnbc media reporter and president and ceo of -- and on the board of directors for adobeeresting. you get to see pictures of the offices and interviews but it is such a crowded space, job search online. >> it's a crowded space where the leader is linked in. so my question to her would really be what distinguishes them and what's to keep linked in from doing something similar. >> absolutely. and what happens when employees put comments on some other sites. katherine, welcome. you heard son-in-law of our concerns. we all focused on the same thing, which is it's a good looking site and company but it's in an exceptionally crowded space. i am sure you have heard these before but how do you differentiate the news. >> if you're still making the decision of marketing or business development or big or small, linked in is not necessarily going to help you there. that's where we show our strength. >> what's to keep linked in from doing the same thing that you do? >> we really think that social cultural fit, that's in our dna. we also employ predictive algorithms to surface companie

adobe announcing that they are moving entirely to the subscription cloud model. you're going to have to pay that $50 a month for access to the entire suite. they include updates to photo soft and versions for iphone, ipad, and across android. they're making a big push to replace flash with new technologies that work with html five but doo do much the same thing. mandy? >> the stock is none the less still down by eight tenths of a%. >> here is something else to really chew on. the narrow reigns that we have been trading in. today's range is 40 points. >> what has changed, do you think, over the past three years? >> i want to note we are hitting an historic intraday high. financials and industrials are leading. look at these double digit gains. how much -- if you look at the semiconductor index. the stock has been powering forward. let me get to the flash crash issue. a couple things are different. there are new circuit breakers in place that would allow them to move in individual bands. but if it gets too far out of whack, it will stop and halt the market. five mi

a truck slammed into a powerful adobe road this morning.he crash sparked a small fire and knocked out electricity to 1200 pg&e customers. we just got off the phone with the utility company. pg&e says there are 200 customers still without power and service will not be restored until early afternoon. the driver of the truck was arrested on drunk driving charges. >>> all right, tori. 8:36. sal is back. see have some problems but basically, it has not been too rough of a morning. >> in it has not. we've -- no, it has not. right now, 880 northbound near high street we had a minor crash. they had to run a traffic break to get the cars involved off to the side. after they did that, it left a slowdown behind there at the coliseum. it's improving. also at the toll plaza, we've had a great commute on this friday, getting into san francisco. contra costa county highway 680/24, that traffic has been looking good from concord to walnut creek. let's go to steve. >> very happy friday. a little breezy but not nearly as windy as the past couple of days. thi

see this program in the first panel, moderated next week and the following week on pbs and c-span adobe of the two missing two of them public radio. so thank you again. i am fernando espuelas and goodnight. [applause] >> my best friend was actually unemployed and knowing through the process of unemployment and everything at the time, so i thought he would be a good subject to follow. so i kind of followed his leg. >> at the time i had an introduction to law course and i was learning there is a double standard for those under 18 of those rare. so i was sorted into children's rights if you will. i realize we don't have a say in the creation of the debt, but we have to pay it off. >> at first for me originally picked our

. >> and will they do what adobe did, and get rid of packaged software, and all of the cloud. >> what do you think? >> yeah, i mean, microsoft has a clear consumer marketing strategy, which is like apple and other players in the market like google and amazon to a certain degree, it does have an -- it wants too offer integrated consumers experience across all devices any time anywhere. it's the only system that -- windows 8 is an operating system that is it willy made to work on all those devices. ios does not. it has a special operating system for each device out there. >> bottom line, herb? >> one kind work. that is in the end, it could be the old long term that wall street doesn't want to see. he's saying he's been spending all this time getting ready for the future and will ultimately prove out to have been done a good job, just not on wall street's clock. >> we've got to leave it there, guys. thank you very much. >>> all right. on deck we are going to dig more into the seemingly unstoppable stock market, and are you looking for a retail name to buy? wells fargo has five names they

we're seeing it in an adobe where acrobat has come back to the fore. >> bmc today. >> this is an undervalued sector. it is not the sector that warren buffett likes because he likes understandable things. he moved the whole consumer products group. i think general mills is at 51 in part, but i see value in tech even if warren buffett has not and the difficult thing is if you want to sell in may, there are other people who are hoping you'll sell in may if you want to get that performance. >> i've been hearing from a number of cash flow yield, and by the way, that wasn't changing. nothing was changing and the stock wasn't going anywhere and suddenly they don't seem to ring a bell, but certainly everybody got to come by it for one reason. >> i guess it was the quarter and i thought the quarter was excellent and bernstein saying this is the beginning and you have the multibillion cloud business surfacing and the multibillion-dollar surfacing and you have to look at this company as a different animal. a bear would say would you give me a break? this in the end is a pc company and craig barrett no

patched, up-to-date with the latest versions of the most targeted browser including anything from adobe or possibly switch to a more secure browser. connell: is a reason to change browsers and go to the way of firefox or google chrome? they find something that says internet explorer is not something people should use? >> the newer versions, nine and 10 have additional features in them that make them a better choice, internet explorer eight for consumer home user, but obviously something like google chrome has built in sandbox event in malicious code from executing outside the sandbox. little bit more difficult, i would say, to exploit that then an older version of internet explorer targeted. connell: finish the thought. >> our organization, what we have done is develop a product that basically protects the user from this sort of malicious code by isolated applications and effective impediment. connell: eddie mitchell, thank you very much, appreciate it. >> thank you. dagen: attorney general announcing legal action against two big banks. still talking about the meltdown of '08. connell:

microsoft office, adobe photoshop. this is interesting.nted self-starter around organizational skills. knit isn't that everybody? tracy: you would hope. you would hope. >> empire state survey, they find out a lot of people don't have the skills. ashley: don't have basics. >> that is amazing. >> that is sad. it really is. ashley: thank you very much. tracy: glass half-full, love it. quarter past. time to check on the markets. nicole petallides on the floor of the exchange where we go every 15 minutes. nicole, you have a newcomer to the nyse? what is going on? >> absolutely. we're liking a quintiles, letter q. ipo price is 40 bucks. priced at the high end of the range. actually did better than that. it is right now at 43.56. it was up over 10%. traded as high as 44.33. certainly received well. third largest ipo this year. it is the largest this week and this is a very busy week and to give you an idea of that, there are 11 u.s. listed ipos this week slated and quintiles being the largest. i should tell but the underwriters which include morg

and a sign of the time, adobe pitching package products and move into the cloud. customers will have to use of programs like photoshop through an online subscription service. the company says it won't affect the bottom line but shares are down nearly 2% on the news. melissa: rough seas for carnival. the latest trouble for the cruise liner to bring to you. lori: is why they don't have to grab a little brown bags. lori: what the length of your first name can mean for your paycheck. melissa: and china has the light on the criminals. lori: and what is the impact on metals? gold, silver, copper all down significantly with gold leading the decline. $18 per ounce. ( woman ) hold on, this might get bumpy. red hot deal days are back. don't waste another minute. it's red hot deal days. get the droid razr m by motorola in white for free. everything droid does in a compact design. or the droid razr hd by motorola in white, with google voice search that understands you the first time. ju $49.99. hurry in, sale ends may 12th. powerful devices. powerful network. verizon. how old

behind the likes of apple, adobe, amazon. good morning to you, bill. i won't say okay.u look at the market now, was there a long-term impact, a long-term effect of what seemed like a failed ipo either on facebook itself or on the markets? >> look, i think facebook is a very strong company. ultimately the market will judge facebook on its own performance. it's not a long term or totally negative thing that will stay with them forever. it is too bad, though. to me it showed that the traditional ipo process really is dysfunctional. it just didn't work very well for facebook. >> i was going to ask you if you were the man, one of the men behind the dutch auction. that's what google did. what would facebook had priced at if it had done a dutch auction? >> well, we didn't run a mock auction. we couldn't because we weren't part of the group. based on the trading we saw prior to the ipo, the second market type trades, our guess was it was going to price somewhere around the mid-20s. >> really? >> yeah. >> so pretty much where it is now. we have been talking about this all mornin

utilizo achote, oregano, comino, adobe la carne y quede sabrosa. >>> aquÍ le estoy (nombre en inglÉs)su crema acida. mire meche. >>> quÉ rico. >>> se lo colocamos, un poco de guacamole. >>> sÍ, pongale guacamole mija. >>> me encanta. >>> como jorgito un amigo. >>> la sigo esperando acÁ. >>> vamos papito a las once en punto cuando acabe el programa. >>> mire quÉ delicia, su lechuga y tomate, asÍ queda, espero que lo disfrute en casita. meche me encantÓ cocinar. >>> si, mija, lastima que ana patricia no estÁ. >>> quÉ raro. >>> la mandÉ a reunir en la oficina, le tengo planes para llevarla. >>> quÉ bueno. >>> sÍ, disculpe estaba hablando al telÉfono. >>> alo. >>> mientras contesta, no se pierda los tips de la cocina de kar karla, recomendaciones para mantener ollas bien cuidadas en uvideos. com, como todos los miÉrcoles, en casa, muchachos, quiÉn quiere? >>> bien sabroso mija. >>> huele bien sabroso. >>> les voy sirviendo, se acabaron las quejas. las criticas que los hombres detestan que les hagamos, cÓmo ganarselo para que hagan lo que nosotras queremos. >>> los muchachos de santa cecil

if you pass at mile marker in the river adobe charge 50 bucks or what hunger bugs. if you go through a lot or dam the river, maybe you pay 75.x. perhaps they could waive the seeds that it's a sailboat that wants to come through because there's so few in relation to the hundreds of thousands of barges on the river. i don't see why we can't have a system that works like the toll road and apply the same type knowledge each of the rivers. >> host: chris in minnesota, independent caller. >> caller: hi, good to be on. we are dealing with carp on the upper price of the mississippi. my question i'd love to get an answer on that is, you know, the long-term studies on the impacts of shipping on the e. ecologically or approaching water crazies here in the midwest red menace out of his mostly a drought. this is our main drainage basin for most of the midwest and reynolda cannot tax dollars to fund these electric areas and what have you, but the argument is not about barge traffic? we do physical barriers or this or that, we will affect our barge traffic and use tax dollars to p