at apple 72% of management is male. at facebook, 77%. >> you come in to get pregnant at 42 and 43, and we have eggs from when you were 35, it's like setting the clock back seven or eight years. that's a huge advantage. >> in the land of free food, free hair cuts, even free dry cleaning, is freezing eggs just another perk. is it a way to squeeze more work out of employees. >> it's not for an employer to tell you when and where you should have a baby. you should be able to have your baby when you want. it's none of their business. >> what about additional benefits for working moms? is egg freezing discouraging motherhood? >> only offering them financial support to freeze eggs is perhaps not the full package one would like to imagine, that perhaps they would support women to work part time and have children an . >> it was once reserved for women going through infertility treatment. only an estimated 2,000 babies have been born from frozen eggs. >> are you sure you want a kid now? maybe you want to get back to your desk righ

but he took his first job out of school at apple, and then joined the paypal mafia. now a partner at greylock, hoffman sits on seven boards. he is the author a new book, "the alliance." thank you for joining us. >> thank you. >> you have no shortage of jobs. why did you write this book? >> in many circumstances, employers and employees are lying to each other. the notion is the modern career is changing. there are career tracks that are changing. how do you get that investment in the future, between the employer and the employees. the answer is an alliance. that transforms your career, it makes you employable, and transforms the company. >> you say people should be honest from the start, how honest should they be? >> something i learned from one of our executives -- when he's interviewing people, before they joined the company, he asked them what job they want after linkedin. that's part of his interview. that's a level of transparency. we are committed to your career. we wanted to be transformative for your career is. >> what if he hears something you do not like? >>

we were a going keep talking apple later at 11:30, ralph nader, on his call for apple to give its excessash back to workers instead of buying back stock going directly up against carl icahn and we will get nader's thoughts at 11:30 eastern time. next up an executive shakeup at google. according to re/code larry page will take a step back to, quote, focus on the bigger picture while remaining ceo. former head of android and cloem will be in charge of all of google's core products. apparently page is concerned google is becoming less innovative and shed some of his day-to-day responsibilities to focus on these bigger ideas which have been the hallmark of google as a cooperation. jon fortt, research, maps, google plus, ad products and commerce. that's a lot for one person. >> this is one of the most stunning asubsequent -- ascentsn valley. he was in charge of chrome, then android, which he took over from andy ruben and this whole portfolio of products arguably everything important at google except for youtube. what this looks like is a chief operating officer position without calling it tha

he launched a career at apple, became a star salesman at oracle. then he went on to start one of oracle's biggest competitors. joining me, from dreamforce 2014, mark benioff. so great to be here at one of the biggest conferences in the world. how many people are here today? >> 145,000 registered to attend physically. 3 million have already attended online. >> i will never forget the first time i saw your keynote. it was like seeing moses part the red sea. how much practice goes into that? >> this year, i had not been on tour, so it was a new show, and i had to practice it quite a bit. >> you announced a cloud-based analytic platform. what does is give to your customers that they did not have? >> analytics is a category that is rich for innovation. a lot of companies have sat on their kingdoms too long and kept the status quo going. there's a long list of companies. one of those areas is analytics. it is a new way to look at it with mobile visualization, analytics for the rest of us. >> there are myths that are boiled down into legend. what is the m

he launched a career at apple, became a star salesman at oracle.he went on to start one of oracle's biggest competitors. joining me, from dreamforce 2014, mark benioff. so great to be here at one of the biggest conferences in the world. how many people are here today? >> 145,000 registered to attend physically. 3 million have already attended

takesy he launches in and aim at apple. you are watching bloomberg television. i'm here in san francisco at the vanity fair news establishment summit grade -- summit. ♪ >> welcome back to "bloomberg west." i'm stephanie ruhle at vanity fair's new establishment summit. it is one my favorite comedies. tony, the last time we spoke it was very soon after you were fired. what is the transition been like for you? >> it has been amazing. we spent about seven and a half months. we could not be more delighted. zero regrets. larry and i talk all the time and we are able to build the business out. there is no downside of living in someone else's house? >> at this point, no. i have been pleasantly surprised about how well we have been working together and where we are taking it together. >> people talk so much about the internet of things and how we are moving into this futuristic society. you are one of the first players to get there. how far away are we from being truly connected in our homes? >> i think we already are connected in our homes with smart phones and tablets a

straight up, samsung releases new ad poking little fun at rivals, at the rival apple over the new iphone six. we'll have that story. first though here's what's coming up tonight on cbs-3. first. >> here's a look at this morning's headlines. one person dead in westville, new jersey after car hit a commercial tanker and got wedged bee into the that vehicle. police have not released the victim's name. >>> and concerns are growing after the cdc confirmed that the death after little boy in mercer county was caused by enterovirus d678. eli waller died in late september of the disease that most commonly affect children. >> and, one american is reportedly back in the u.s. after being diagnosed with ' bowl a off initials texas are monitoring those expose today that disease by thomas duncan. >>> well, it is now 4:50. time for check on business news. >> mine watch's jill wagner joins us now from the new york stock exchange, jill, the unemployment rate, at six year low, but a lot of people are still struggling to finds work. any idea which industries are hiring right now? >> that's right, yes, good

i know he is brilliant at apple. i met dre a couple of times and i know jimmy. don't bet against a guy like jimmy. >> what about apple? i know you are an investor in spotify, there's pandora. can they continue to dominate music? >> i don't know that it's domination. i think there is enough room for all these platforms because people want to consume in different ways and there's so much content. >> you are also a tech investor. >> yeah. >> you invested in tech. spotify, uber, pinterest. how are you getting into these deals? what attracted you to technology? >> because i missed one. when i was in college, facebook launched. i actually e-mailed the creator of facebook, which was on the contact page. there was one profile picture and responded with eduardo saverin. head of business affairs, thank you for reaching out. we went back and forth. i said i throw parties and love to be involved. i didn't know what it was going to become. i said we should build this thing. i still have the e-mail. it says mark has decided to launch 36 more schools in two weeks. at this time,

we are live in cupertino at apple headquarters where tim on stage.een speaking he reiterated that thele watch will be coming out next year. sam grobart, give us the latest from new york. sales cook updated on figures and then talked about the apple watch. he was talking about it in the context of russian, making a joke about it being for people who know a lot more about fashion than he does. he wears pretty much the same thing for all of these events. then the stage went to the apple software chief who is providing updates about ios 8 and is about to talk about os 10 yosemite. >> tim cook cracking jokes about fashion. a lot of black shirts in the room, appear early. thank you. with every new device comes a refresh of zone cases, accessories, and hardware. how do companies design for the latest apple products and how much money did they lose with the old inventory? back with us is john edson from lunar. of designus is the vp at a company that makes cases for iphones and ipads. so what is a day like today like for you when you do not nestle know do not necessarily what is coming but it

in an open level -- letter to the apple ceo tim cook, apple is trading at half value and that the company should celebrate shared buybacks. and david,his son, join my colleagues trish regan. i thank you. we will talk a lot about apple. karo, you first, given the huge selloff we now underway stocks lunging almost 300 points right now, what do you think is really behind the selloff? >> i have said for the last year stocks might be a bit high and that there is a lot of risk. i do not think there is one specific thing. the international situation is obviously pretty bad. oil prices, of course, have fallen off a cliff. have, profits in this country are somewhat questionable. based on low interest rates. you had a harm -- a high market for a number of years. you have to expect these things. you could ask the other way, what caused the market to go up? 80, 90%. >> so you think this is the start of a correction? >> i do not know. it is like asking me if i think the farmer's life will shoot another seven in vegas. there are too many variables. i just think, on a macro level, you can predict the tr

. >> reporter: at apple, famous for his tireless work ethic, waking before 4:00 a.m. every morning, hand-picked by steve jobs to run the company. david muir asking not long ago about cook's tweets about martin lupter king and about his love of his alma mater, auburn football. >> reporter: is it a little bit of a window into a ceo that a lot of people have thought is a little more private than certainly steve jobs before you? >> it became clear to me that people wanted to know a little more. i'm still an incredibly private person. that's not going to change. t i think having some window where people don't view that you're a robot of sorts is a good thing. >> reporter: now, after quietly pushing for equality in the workplace, taking a stand for his team at apple and fighting discrimination in workplaces across america, this is what cook said just days ago back home in alabama. >> i am most often struck by the things we share, a desire for respect, a desire to matter, a desire to be accespted for who we are. >> reporter: now, he writes, "my desire for personal privacy ha

i would say, 100 dollars to probably $300 of the top, maybe $400. >> at the same time, you see a company like apple, you see sustained demand for the iphone. it was not necessarily because of the new phone. >> you have to look at it in a couple of ways. apple is making more money on these devices than anyone, so they are doing well. in terms of marketshare, they will probably continue to lose and others like xiaomi gain market share. but it's where you're making your money from. they have very different business models right now. >> what about samsung? they are reporting their worst quarter since 2011. how big a threat is samsung facing? will we see their dominance truly challenged? >> in terms of marketshare, you'll continue to see it come down somewhat. but keep in mind, samsung is in the majority of markets around the world. they have the threshold with these operators and retailers that will continue to cell phones. the difference is, when you look at it from an investor standpoint, they will not make as much as they made on each device in the past. they have to come to grips with that reality.

the event begins here at the apple campus in cupertino at 10 a.m. back to you. >> all right.iet, you talk about a leak. what it really a leak or are these kind of planned leaks so to speak? >> reporter: eh, you know, with them you never know. these guys are very, very, um, savvy when it comes to public relations. and they just keep the media guessing. what's really important here in this case is that we're talking about it, whether or not it is a leak, and that's good for sales and for the company in that regard. we are live here at cupertino at company headquarters, kiet do, kpix 5. >> thank you. >>> around 5:00, at&t park, a little quiet right now but it will be rocking come this afternoon as game 5 of the cardinals and the giants and if the giants win, guess what, they get to hang out in kansas city for a few days world series-bound. >> i would love to hang out in kansas city. got a couple of extra tickets? >>> what an excite series. every one of these games has a story. it's amazing how they are doing it. one-run games, so close. your heart is just trumping all the way to

inhave i takes for issued for a -- an event on october 16 at apple's campus in california. they were reports about a bigger ipad as well as new books. coming up, a washington capital star makes good on a promise to a fan. hear from the young lady >> ok, so in this week's scandal scoop. that scared me. trying to avoid scandal offscreen by making a last-minute cut to the cast. abc confirms that steven collins will not appear in an upcoming episode. a few weeks ago the actor tweeted he shot another episode. he previously appeared in season two of "scandal" as a reporters. audio was secretly recorded by collins' wife on the tape he admits to molesting three underage girls more than a decade ago. that is under investigating. a third ghost busters film is in the works and it will feature an all-female cast. e director of the hit comedy "bridesmaid" is set to write the script. he worked with "the heat." rumors are already swirling about who will join the new ghost-fighting team. kind of cool and here's an announcement to get you ready for the holidays. this year's national tree li

in a comments about apple, seeing it valued at $203 a share. s adjusted from what had been previously the record-he also says apple can start selling buybacks. q won't tender visages of apple tender his shares of apple, but the basic idea is using up the extra cash. he talks about the persistently excessive liquidity of $133 billion net cash on apple's balance sheet, please do something with that. specifically, increase the magnitude of share repurchases. >> thanks very much. we will continue to parse through carl icahn's important words and bring them to you. all week we have been talking about how hard it is to get a mortgage. renting may not be the answer, either. some u.s. cities on affordable. we will give you that story. ♪ >> the online real estate site and app just reported where in the united states home prices and rent are rising. if you are in the market for a single-family home or condo in south florida, be prepared to pay a. if high sale prices might drive you to consider renting, consider certain cities for that have jumped 14s and

we are live here at apple headquarters in cupertino. kiet do, kpix 5. >>> okay. king out the nimitz freeway right now in oakland, everything is fine here but we were watching an earlier accident long since cleared at industrial but traffic is heavy from san leandro into hayward in the lanes. the guadalupe parkway parkway northbound 87 still slow from 85. lawrence? >> all right. sunrise this morning, everything has a little orange hue to it. wonder why that is. [ laughter ] >> looking like a good day ahead. we have some partly cloudy skies, temperatures today in the 60s and the 70s. the next couple of days, though, chance of rain returns late tomorrow into the north bay. another chance of rain on monday, guys. >> all right. >> hey, we have a little football tomorrow, it's "thursday night football." jets, pats, 5:25. check it out. captions by: caption colorado comments@captioncolorado.com >>> good morning to our viewers in the west. it is thursday, october 16th, 2014. welcome to "cbs this morning." ebola fears spread through the country. schools are closed. airports

it's free to download at apple's app store or google play. >>s if 4:45. a couple of high-powered women are making appearances. hillary will appear at the fairmont motel this morning. she will be the guest of nancy pelosi in san francisco. some protesters will be outside the hotel urging clinton to oppose the keystone pipe line and other fossil fuel projects. >> sotomayor will have a sit down conversation in the student union at san jose. a professor wrote an invitation to her after reizializing the justice's story mirrors students. she grew up poor, had juvenile diabetes and lost her father at an early age but never gave up. >> breaking news, ibm is off-loading its chip business to a bay area company. they are baying $1.5 billion to take over its chip unit. ibm posted its chip earnings saying it is disappointed with it performance. it has long been considered a drag on the earnings. >> a city wide free wifi network has been pushed. it would require any agency that digs up streets for other work to allow for the placements of conduits for fiber optic cables

billionaire activist carl icahn is perhaps the biggest of all, stirring up conflict at apple, ebay, dellherbal life, to name a few. he also addressed warren buffett, took jabs at silicon valley, and discussed the unintended consequences of the said's monetary policy -- the fed's monetary policy. in this low-interest-rate environment, how do you see this? what implications does it mean for the economy? >> it is concerning.

he's taking aim directly at apple. >> yeah. i just bought an apple iphone 6 last week, and i don't like being the implicit accusation of being a criminal, or having dark motives for buying it, but, look, i think in a real world, rick and steve are right. you know, civil liberties is a great value. i don't think it can be as absolute as john wants it to be. in world war i and world war ii, we, you know, gave up some civil liberties to try to win a war. did we overdo it in cases, like in turning japanese-americans in world war ii, yes. but, look, this is a dangerous world out there. i have sympathy for the fbi and nsa. >> yeah, well, frankly i think it was wrong to intern japanese but i want to get back to the constitution, john tamny. we have a second amendment allowing us to keep guns. can we use them to commit murder? yes. but do we have the right to protect ourselves? absolutely. it's the same with privacy. don't you? >> i think so. i want to ask the question. how much are you willing to give up in terms of privacy to feel sec

he launched a career at apple,under steve jobs, became a star salesman at oracle under larry ellison.he went on to start one of oracle's biggest competitors. joining me, from dreamforce 2014, marc benioff. so great to be here at

. >> can you get instants alert on ebola virus and other breaking news from our free app at apple app and google play. we have more information at abc7news.com/app. >>> in a show political unity the association highest candidates in the oakland mayor's race will appear together to urge passage of proposition z which is a critical public safety measure renewing funding for police officers and violence prevention programs in oakland, provide money for emergency response and set as minimum police staffing level. candidates will work phone banks to talk with voters directly about prop z. >> the giants are traveling to heavy the next these games of the national league championship series. fans hoped the team would come home from stimulus with commanding two-game lead but in the bottom of the 9th a cardinal ruined the fun. >> fans watching in the bay area were riding the help moral roller coaster but the cardinals' second base map got a homer tying the game at one game each. >> up-and-down. all over the place. we thought we had 'em we were in. we were out. >> in the end the boater team pull

event. >> this is not for sale in the apple store. >> there is a kickstarter campaign. >> can i take this home? we will split it. >> i can talk to him. are you still atgreat coverage today from apple, and from you. when are they going on sale? >> next week. apple pay launching monday. new ios next week. >> just in time for the holidays. thanks, and thank you all for watching. don't miss " studio 1.0" tonight with mark benioff, chairman and ceo of salesforce, 8:00 p.m. ♪

he launched a career at apple,under steve jobs, became a star salesman at oracle under larry ellison.ent on to start one of oracle's biggest competitors. joining me, from dreamforce 2014, marc benioff.

his colleagues here at apple coming out in support of tim cook. you saw phil schiller, apple's head of marketing, say on twitter that he called cook courageous. eddie q. said he was proud of his open colleague. one question, although apple and its colleagues seem to be coming out in support of cook, how is the rest of the world really going to react to this op-ed? recently we saw these reports that apple is looking to make this bigger push into iran if sanctions are loosened. now, the opportunity there makes sense. iran has a big population of young people. on the other hand, in iran, homosexuality is still a crime punishable by death. sue, back to you. >> josh, thank you. and as josh alluded to, being gay is certainly a bigger issue in some countries than it is in others. joining me on the floor, michelle caruso-cabrera, our chief international correspondent. josh alluded to iran. >> right. >> of course that's a big market for apple. >> it is. and still being gay in iran is still so taboo that former president ahmadinejad made headlines just at co

he launched a career at apple, under steve jobs, became a star salesman at oracle under larry ellisonwent on to start one of oracle's biggest competit

he launched a career at apple, became a star salesman at oracle.he went on to start one of oracle's biggest competitors. joining me, from dreamforce 2014, mark benioff. so great to be here at one of the biggest conferences in the world. how many people are here

at the top of the hour? >> i will be joined by the finance minister of luxembourg. the u.n. suspects luxembourg of helping companies like applen evade taxes. on that.t his thoughts and on the financial state of the eu when i see you at the top of the hour. >> see you in a few minutes. thank you. could the data have the key to the next graphic artist or software designer? we will explain. ♪ >> welcome back. i'm emily chang. is turning tos the data to make decisions on who to hire, fire, and promote. and that reliance on big data is pushing companies like net tocks to -- like netflix look to countries like china. cory johnson has more on the growth of the market place. of bigas helped al qaeda companies and smoke -- has helped all kinds of big companies and small companies. we are not talking necessarily hr software, but how it is changing hiring, how employers know so much more about what is working and who people are, and not just the way we look at a resume and try to figure out if this is a person. >> it's about having the data. businesses in0 america, 258,000 employees. we understand what it takes to attract and retrain --

a couple of minutes. >> on live doppler hd you can see the weather app at abc7news.com/app free at apple app and google play. >> san francisco public utilities commission celebrates the come meetings of a new tunnel delivering water under the san francisco bay from reservoir designed to with stand the worst earthquake predicted on the faults. the $215 million protect is fixing pipes from the 19 20's and 1930's. a study said they would not survive the next big earthquake. the new item knell runs file miles across the bay from menlo park to newark. >> apple and facebook have a new perk. they are paying women to freeze their eggs so they can have a career now and start a family later. >> apple and facebook are betting the new perk will increase the number of women joining their company. >> it is furthering the conversation for females to get promoted. >> they have an option to take on the career now and not pressured to have children. >> false book offering egg freezing and storage as part of the benefit package. am people will begin in john. apple says we want to empower women to do the be

it has more room to grow. >> they're doing a lot of buybacks at apple.is one of the things that can lead to higher per share dividend growth in the future. they're reducing shares outstanding. even dollar volume paying out will be higher per share growth in the future. apple. we own both of those in our dividend growth strategy. i think they're both reasonable ways to grow dividends. liz: we'll put the whole list up on facebook.com/afterthebell. david: jeremy schwartz, wisdom tree. what a wonderful group of products. you were there at the beginning of wisdom tree? >> i was working with professor siegel with wharton. we came down to validate research and working on product development for 10 years. david: imagine being on ground floor of wisdom tree. area mixer thank you very much. >> how about apple rival samsung facing a tidal wave of competition in the global phone market not just from apple but asia and their profits are plummeting. could samsung's mobile business got same way as former giants motorola and nokia? david: twitter launching a major legal