we met up with marc benioff today and he it. let's take a look. salesforce chief marc benioff is spending a whopping $8 million in both corporate and personal money to help pass a measure. >> you just need to walk down this very street and you'll know in a few blocks you will encounter all kinds of individuals. it's the worst it has ever been. >> prop c will reduce homelessness. >> reporter: the billboards brought life to the underfunded home lesko legislation who came up with prop c. >> just to be clear, phil, it is important that big companies making a lot of money in san francisco that they would pay their fair shares. and other businesses that don't fit into the category like making multi-billion dollars. >> the boost has raised the issue of social responsibility, putting them at odds with their fellow tech titans. >> i'd like to hear what their plan is. >> and san francisco cannot just be the place where everyone will come that need services. >> is he buying the election? >> i will let you draw your own conclusion from what you see happening.

benioff has made the citys' homeless crisis his personal mission.ig backer of proposition-c in the last election... the new tax revenue from that prop will be collected starting january 1st... but the city will not have the authorization to spend it until potential legal questions are ironed out. ( darya ) for your money this morning... many americans put off health care because of the cost. and target is offering a deal on its gift cards this weekend. jane king is live at the nasdaq with those stories and more. ( jane )good morningtarget is planning a big push on its in- store gift cards, offering 10 percent off the cards on sunday.no discount code is required.the offer is valid for up to $300 in target gift-card purchases per household.over half of americans put off or don't get health care because they. can't afford it.the financial website earnin says the three types of care that are delayed most: dental work, eye care and annual exams.it's been found that delaying dental care can be costly as emergency room dental visits are expensive.dick's sp

benioff donated 6- million dollars to help secure a lease for five-years on the bristol hotel...g. the use of this building will free up shelters or navigation centers for others who are homeless. < bristol hotel is a preview, and this announcement here today is a preview of what is to come. because the city will finally have the money to do it not just to do this what to do so many other things that are on our list it's a beginning of a whole parade of new investments to end homelessness in our city.>( darya ) benioff has made the citys' homeless crisis his personal mission. he was a big backer of proposition-c in the last election... the new tax revenue from that prop will be collected starting january 1st... but the city will not have the authorization to spend it until potential legal questions are the bay area has finally been getting a good dose of rain. the question now is how much of that water is being captured for use next summer. kron 4's charles clifford went looking for answers in well, the rainy season got off to a late start and we've only seen signifigant

we spoke with marc benioff.e have a very serious homeless crisis in san francisco and it is getting much, much worse. we have 7500 homeless individuals on the streets, 1200 homeless families each with two kids. and how are we going to get them off the streets? it is getting worse, it's a problem. we know it. that is why i'm voting for prop c. selina: what about the unfairness that other companies are citing? you have jack dorsey saying that there is an unfairness i see in my company square which would be , taxed at a significantly larger total contribution. do you see the unfairness? marc: what i see is a crisis of inequality in san francisco. we have 70 billionaires in our city. that is incredible. we have companies that you report on with hundreds of billions of dollars in market capital. salesforce is the largest employer in san francisco. market a $100 billion cap. you just talked about a few companies. square worth $30 billion, twitter with $20 billion, stripe, $20 billion. the amazing thing is these compan

marc benioff backed the initiative. dan ashley is here to talk to him now. >> guys, as you well know, he was pretty much the poster child for prop c. marc benioff, the ceo of salesforce. >> thanks for having me again. >> last time we were sitting here, it was before the election and you were talking about prop c. it passed. >> i was pretty nervous. >> being here or prop c? >> prop c. i was nervous about being here. it had been a while. >> it passed, as you well know. you were the public face of it. you put $5 million of salesforce money, $2 million of our own money. i know you're pleased. what happens next? you're the public face to get it passed. will you be as active in making sure the money is spent well? >> i was pleased that every san franciscan voted. it was record turnout for the city. it was amazing in every election, every san franciscan should vote. that 62% of them voted for proposition c because, look, we have a homeless crisis in the city. we all know that. and we need to take immediate action. prop c is go

trieven by revenue growth in the sales and service business ceo mark benioff spoke to jim cranium. >> we see hitting our goal which is 22, $23 billion in revenue by fiscal year '22. to tighten that up we are giving fiscal year '20 guidancefare the first time at $16 billion. we are excited salesforce is the fastest growing enterprise software company of all time incredible >> as of the market close, the stock was sitting in a bear market after getting hammered here but we see in the after hours up 7% pete where do you go. >> any went after this name. it makes sense when you look at valuations it's still extremely high going forward it's high. you got to love the presence of mark benioff i think he is one of the better ceos in the tech world i love that they raise as they look forward to 2019 this is the second quarter in a row they bumped up that. it's impressive what they are doing. but we get any pressure on the market and technology feels the pressure again, that name is one of the names they're coming after. i would be hesitant to jump in here at 136. and i love the name. >> the st

benioff had positive things to say of the overall economy. i am reading here from the call.d different things on "mad money." i am not sure where he we'll get all the people that we need to hire it is amazing that's happening not just for us but for everybody. >> we talked about the fourth industrial revolution. while sales force may not be hi hired, he's concerned of the millions of people that'll get laid off by the technology savings sales force. >> he did say when he talked to ceos, they tend to be more conservative >> he did talk to jim about earnings, 2020 revenue expectations and consensus take a listen. >> the third quarter is phenomenal i hope certainly we are all praying and improving on that by the way. now we can see a strong fiscal year ahead and fiscal year 20 as well i don't think the company had ever been stronger or in a better position. every company we are dealing with is going through a huge digital transformation every digital transformation jim begins and ends with the customers. >> well, let's go over what he's really saying. he's saying companies have

benioff said when homeless people move their own housing, what seemed like small changes can have a huge impact. >> i'm told that these units, these units that we have here today,are currently living in places where they have to share bathrooms. and when they were told that they were coming here to the bristol with their own private bathrooms, just like the rest of us, they were moved to tears. >> san francisco mayor london breed said this new housing will also create more space in supportive housing and navigation centers. the 58 units will open their doors in february. >>> state senator scott weiner is renewing his call for the state to lend a hand to programs that provide medical marijuana to people with serious illnesses. at a news conference in san francisco today, weiner said his bill would waive state taxes for compassionate care programs that donate cannabis to patients with serious health problems. the legislature ed similar bill but it was vetoed by governor brown who said it conflicts with state marijuana laws. >> this is an incredibly important issue and this is about making

the idea started with a twitter exchange between musk and sales force billionaire, marc benioff. he tweeted this video that his boring company does in los angeles. benoff responded asking elon musk if he could build something similar in the bay area. musk responded with sure, we can do it. no further comments. >>> giants mascot lucille breaking the ice for the holiday ice rink. the opening ceremony included a skating demonstration. i think that's brian boytano, a fan of the annual tradition. >> everybody loves coming here to celebrate the holiday season. they like going shopping and skating, they like seeing the tree. it's turned into an iconic post. >> it's a great spot, even though it's 80 degrees outside it foleels like. open through january 21st. we need to get out there and skate with brian. >> i'm totally getting out there. i'm doing my hamel camel for brian. >> i actually can't do it. sort of a modified hammel camel. . i do a version. >> i got to see it. >>> it's going to feel like florida outside if you're going to the skating rink the next couple of days. plus, details o

phil, benioff alienated a lot of people supporting his campaign. >> that's right.ce idea to raise some $300 million for the $385 already being spent. but there were questions about if it was a fair tax. benioff got on board he put about $7 million into the campaign and took what was a small package and made it into a national story. >> yeah. >> and it's one of these ballot measures that, you know, if you're not -- if you haven't been paying attention and you read it and say we're going to tax incredibly wealthy businesses to help the homeless problem, it's a no-brainer. so the no on prop c folks were in, you know, sort of in a hole they were trying to dig out of just because of the way the prop was written. someone might say that sounds good. >> and the titans were talking about jack dorsey from twitter and mark from sales force. it's interesting square off. two different images or visions for how we're going to solve those problems in san francisco. >> adds we pointed out -- as we pointed out earlier, this may be subject to a legal challenge. it may not take effec

by passing proposition c we are going to give them the relief that they need.salesforce ceo marc benioff is prop c's biggest supporter. he feels that taxing san francisco's most successful businesses, including his own, is the best option.sotthe ones who have gained the most and made their businesses on the backs of the city , they are the ones who are going to be paying the tax. not consumers or small businesses. but the prop c also has opponents, including san francisco mayor london breed. she has said that prop c lacks the accountablity needed ensure the money will be used for it's intended purposes. she also believes it could make the city's problems worse because prop c doesn't include a regional plan to address homelessness. benioff says that prop c was crafted by experts and that the city would be responsible for managing the additional revenue.sot it's been created by the most important homeless advocates in our city. the medical professionals, the experts on the streets. they are the ones who fashioned it together. the people who are accountable are those people and city hall, i

benioff responded asking if he could build something similar to help fix bay area traffic.sponded with a simple "yeah, sure, we can do that." >> he's like a yes, open with a yes. >> come on. >> first. what's your request? >> no, east bay. come on. >> 580. or 680. here's no way to go anymore. >> we have plenty of requests for elon. >> exactly. >> you want to tell us what's happening tomorrow morning? >> okay. we have red flag fire warnings for the hills 1,000 feet and above. guts of 20 to 40 miles per hour. >> thanks for joining us at 11:00. >> bye-bye. this is a test. test. this is a test. [ cheers and applause ] ♪ >> steve: from studio 6b in roc of new york city, it's "the tonight show starring jimmy fallon." tonight, join jimmy and his guests -- eddie redmayne, ja

not everyone said yes but mark benioff said yes, as soon as i ask him the salesforce ceo has made the homelessness crisis in his hometown his personal mission...he and his company being big backers of prop c....which will tax the city's biggest companies in order to raise an estimated 300 million dollars to fund homeless programs. bristol hotel is a preview, and this announcement here today is a preview of what is to come. because the city will finally have the money to do it not just to do this what to do so many other things that are on our list it's a beginning of a whole parade of new investments to end homelessness in our city. but it's unclear when the city will be able to cash in on prop c funding since it's currently stuck in legal limbo. at issue is whether or not it can be enacted without approval of two thrids of the voters. the new tax revenue will be collected starting january 1 but the city won't have the authorization to spend it until potential legal questions are ironed out maureen kelly kron4 news (catherine) in national news tonight... there's a new major developmen

so right now we are just focused on using what we have effectively. >> reporter: benioff had this to say to the big businesses who wish to challenge the implementation of the measure. >> it is our obligation to give back to san francisco, and that's how i look at this. >> reporter: remember, some big businesses have enjoyed tax breaks under the ed lee administration. twitter and others didn't have to pay the city's 1.5% payroll tax in exchange for moving to the city's mid market neighborhood. in the newsroom, lyanne melendez, "abc 7 news." lyanne, thank you. >>> we mentioned we are looking at two issues tonight related to newly-approved measures. let's talk transit. >> mountain view voters passed measure p. chris wynn continues live team coverage with a closer look at the story there. chris. >> reporter: hi, dan. the city of mountain view has not updated its business tax since 1954. proponents say it needed to happen, but critics argue this type of tax was the wrong way to go. you already know that traffic is rough across the bay area, but in mountain view, home of google, city offic

by passing proposition c we are going to give them the relief that they need.salesforce ceo marc benioff is prop c's biggest supporter. he feels that taxing san francisco's most successful businesses, including his own, is the best option.sotthe ones who have gained the most and made their businesses on the backs of the city , they are the ones who are going to be paying the tax. not consumers or small businesses. but the prop c also has opponents, including san francisco mayor london breed. she has said that prop c lacks the accountablity needed ensure the money will be used for it's intended purposes. she also believes it could make the city's problems worse because prop c doesn't include a regional plan to address homelessness. benioff says that prop c was crafted by experts and that the city would be responsible for managing the additional revenue.sot it's been created by the mosimportant homeless advocates in our city. the medical professionals, the experts on the streets. they are the ones who fashioned it together. the people who are accountable are those people and city hall, inc

by passing proposition c we are going to give them the relief that they need.salesforce ceo marc benioff is prop c's biggest supporter. he feels that taxing san francisco's most successful businesses, including his own, is the best option.sotthe ones who have gained the most and made their businesses on the backs of the city , they are the ones who are going to be paying the tax. not consumers or small businesses. but the op c also has opponents, including san francisco mayor london breed. she has said that prop c lacks the accountablity needed ensure the money will be used for it's intended purposes. she also believes it could make the city's problems worse because prop c doesn't include a regional plan to address homelessness. benioff says that prop c was crafted by experts and that the city would be responsible for managing the additional revenue.sot it's been created by the most important homeless advocates in our city. the medical professionals, the experts on the streets. they are the ones who fashioned it together. the people who are accountable are those people and city hall, inc

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benioff in particular whose company would be tax says he's very much in favor of this. >>> one of thehings i like best about proposition c is it's been created by the most important homeless advocates and experts in our city. the medical professionals, the homeless ngos. they are the ones who fashioned it together and the people who are accountable are not just those people but a combination of those people plus city hall plus the mirror plus the board of supervisors that together all stakeholders are the ones at that ultimately administer and deliver opposition c. >>> -- proposition c. >>> back life again we are here at in the mission in san francisco waiting for the results to come in tonight. we will be back later this evening with an update and see how things are going. >>> much more election coverage ahead. we will be right back. >> there are chefs, bakers and food order takers. doctors and surgeons and all the life savers. the world is alive as you can see, this time of the year is so much more than a bow and a tree. (morgan vo) those who give their best, deserve the best. get u

i don't believe this (prop c) is the best way to do it. that prompted a response from benioff who saidht a relatively small tax, which is one half of one percent to help our number 1 issue, then you better prepared to talk about what you are doing versus what you don't want to do. dorsey has since said that he and benioff spoke on the phone and that they are committed to finding a path forward together to address homelesness in the city. ( james ) that was kron 4's charles clifford. if prop c does pass it would raise san francisco's tax revenue spending for the next four years. coming up in the next hour we take a look at the pros and cons of prop 10... which involves removing restrictions on rent control. ( james ) southwest airlines is expanding its routes from mineta san jose international airport this week. by the end of the month, the airline says it will offer almost 100 more departures a day to destinations across the united states and mexico. the airline has already started its non stop service between san jose and tucson. it also will begin offering more weekday roundtrip flig

. >> mark benioff backing the measure. he is happy despite having to pay millions of dollars.'s check in with amy hollyfield joining us in studio. >> hi, good morning. this was known as the our city, our home initiative. it really split city leaders. this measures means the homeless will have a home. it will charge big corporations that bring in more than $50 million a . 5% tax. that money will go entirely towards homeless programs. this is expected to double what the city spends on homeless services. salesforce ceo mark benioff a huge supporter of this measure. >>> twitter ceo jack dorsey was against it, along with scott weaner and london breed. prop c did not win two-thirds of the vote. there is some talk there will now be legal challenges. while those play out in court, the thinking is that the money will be collected from the businesses but it will be saved, not spent, until the issue is finally resolved. reggie, jessica. >> so the drama is not over. okay. amy, thank you. bay area cities are watching the results of another business tax measure. this is in mountain view. it

later this hour, marc benioff will be joining us.hy he is in support of taxing some of silicon valley's biggest companies to raise money for the homeless, despite big opposition. this is bloomberg. ♪ emily: earlier this month, the irs unveiled proposed for what steve mnuchin said could be a $100 billion investment in distressed areas. the proposal details how taxpayers can qualify for special breaks by investing in low income areas. but a hidden clause could deter venture capitalists. the rule requires businesses generate at least half of their gross income within the zone they operate. for startups, many of which seek widespread sales, this could pose a problem. here to discuss is our next guest from seattle. walk us through why investors might be for or against this. >> as you said in the intro, the treasury is trying to walk a fine line. they want good investment in these communities. they want investment that is going to help spur job creation and keep people from gaming the system, but what this one small clause in the regulatio

the exchange we saw earlier on benioff off of elon musk's tweet.ff tweeted at elon musk asking if his boring company could do that. is that a reality? do we see that in the next couple years? gabe: i'm supportive of the private sector jumping in and utilizing technology particularly to make government's life easier and citizens when it is in partnership with governments. when you think about tunneling underground or high-speed rails above ground, i'm agnostic. anything we can get funding for, i'm fine with it. when it comes from one to 10 miles, we have such an efficiency when it comes to using our existing ground transportation system with single occupancy cars everywhere. i think elon and the market should know that with autonomous vehicles, autonomous connected shared vehicles, we will free up up to two thirds of our capacity on the roadways. we might have too much capacity and not not enough. alex: you have worked with a lot of cities, what is the number one thing that was the lightbulb moment that you have seen from the public sector that they

. >>> a major donation from salesforce ceo mark benioff turn a shut erred hotel into affordable housing was announced at a news conference with mayor london breed yesterday afternoon. the bristol is located near mason and eddie streets. instead of turning it into market rate housing, the 60 units will rent for less than $700 a month. >> we need a path to no homelessness in san francisco. that means every homeless person needs to get a home. >> this is a 20-year lease. and the donation covers five years. we will need to make sure that the rest is covered. >>> benioff said when it comes to ending homelessness, it doesn't take miracles. it takes money. what do you know, san francisco already has a bunch of money. >> they received a windfall with a big chunk to go toward ending homelessness. $234 million will go to budget reserves. along with libraries among other services and dictated by the city charter. city leaders will decide how to spend the remaining $181 million. mayor breed suggested spending it on homeless services to meet the goals of proposition c. voters passed the measure whic

(james) and then, mark benioff is once again putting his money where is mouth is. donating millions to continue to fight the city's homeless crisis. (james)but first... warriors star steph curry stepped up after getting a letter from a fan about his new shoes. (james) and here's a live look outside...at the san mateo bridge. (ácommercialá) >> dr. stanley: remember this: cannot change the laws of god. when he has visited you in some form of adversity and he brings you through that, that's like he has increased the strength of the foundation of your life and your faith in him. [music] (ácommercialá)(áábreakáá) (james) a break from the rain to kick off the weekend as yesterday afternoon's clearing conditions continue through the day today. along with our dry skies expect daytime highs in the upper 50's. rainfall and low elevations snowfall will return to northern california tomorrow. no major hot spots. bay bridge wb 80 is no major hot spots. bay bridge wb 80 is less then 30 min from the maze to sf. san mateo bridge less then 30 min from 880 to 101. richmond bridge dr

. >> it's really taught everybody how enterprise stats works we're going to school on benioff's playbook the biggest use case around crm, people use our software for customer experience. how do i do better by my customers and how can i find my next set of customers and? we have integration that we sell to salesforce customers and we're working with them clothe on product development, market initiates. we really are switzerland and the data flows saeamlessly into other systems of record. >> we were concerned that you -- that you weren't -- you've been around since 1999 and we're looking for some profits and didn't see any you can adjust some things it's true the company has not made a lot of money. >> gap income, true. you know stocks better than anybody in the world and you know cash is what matter sfls yes. >> let's talk about our business >> okay, let's hear it. >> in q 3 we delivered 18% year over year revenue growth on track for a similar year for the fiscal year. our cash flow is 17% margin, adjusted about 26% margin. why are we so successful at generating cash? 99% of our revenue i

marc benioff/propositon c. supporter: "i built my business in san francisco. whether it's our public schools or our public hospitals or whether it's our homeless, it's our obligation to give back "mayor london breed/san francisco: "there is still some uncertainty around prop c about when those funds will be able to use and we can't wait for prop c to go through the court system in order to act"(grant) (grant) right now -- the legal debate is centered on whether or not prop-c passed a two-thirds vote threshold... it got around 60 percent of the vote. if opponents do challenge the measure in court, it will not stop the collection of tax revenue which is set to begin in 20-19. (grant) california voters sent a clear message on election night that they're against proposition 10...which could have expanded rent control.(vicki) more than 60-percent of voters say this ballot measure was not the answer to our state's housing crisis. so what is the answer?... kron4's michelle kingston has more now with what both opponents and supporters of prop 10 are saying now. .... (

last week one of prop c's biggest supporters, salesforce ceo marc benioff joined me to talk about it.ays it is time for businesses to give back. some homeless people seem to be in support of this plan. this man is wearing a yes on c shirt. these images were posted to a twitter account about life in the soma neighborhood. a video shows a yes on c shirt among another homeless person's belongings. there you see it there, the blue shirt. today, no on prop c campaign spokesperson jess montajano joined us to explain his concerns about the proposition and the petition process that got it on the ballot in the first place. >> so proposition c we believe is the wrong approach to address homelessness in san francisco. it essentially doubles our home lts budgets overnight with no additional reforms, no additional accountability attached and we don't think it is a serious approach to dealing with san francisco's most serious issue. i think most voters in san francisco would be alarmed to hear that the largest tax increase in san francisco history was placed on the ballot through a few thousand sig

salesforce chairman and marc benioff is a well known supporter. he says that the homeless problem is an epidemic and that san francisco has no choice but to vote yes on "c." >> there is no plan "b." this is our only choice. "c" is for compassion. it's for care. it's for charity. it's going to take care of the homeless that we have. 7,500 homeless in san francisco. 1,200 homeless families each with two children. they need proposition c. that's why i know that it's going to pass. >> house democratic leader nancy pelosi is also throwing her support behind the measure. what are the arguments against "c"? opponents worry it could lead to jobs being cut or just being a waste of money. >>> if you have any problems whatsoever at the polls, we want to hear about it. nbc bay area is teaming up with propublica to track any issues this election. if you spot a problem, make sure to call us toll free at 1-833-nbc-kntv. that's 622-5688. or you can head on over to our website, nbcbayarea.com/decision2018. our election night coverage begins at 7:00 p.m. on tuesday

it's thanks to a major donation from salesforce ceo mark benioff. the more than $6 million donation was announced at a news conference with mayor london breed today. the bristol hotel is located near mason and eddy streets. instead of turning it into market rate housing the nearly 60 units will rent for less than 700 bucks a month. >> we need a path to no homelessness in san francisco and that means every homeless person needs to get a home. >> this is a 20-year lease, and the donation covers five years, and we will need to make sure that the rest is covered. >> benioff says this is just the start of many projects to help the homeless. the city is expected to begin collecting money from prop c as early as january 1st. >>> there is still time to weigh in on the a's and their plans for a new baseball stadium. right now the team is hosting an open house at its jack london square headquarters concerning the new ballpark plan. they will go until 6:00 tonight. the park would be located at howard terminal north of jack london square. the team released thes

mayor london breed and marc benioff made the announcement yesterday. he is donating more than $6 million to subsidize the rents which will range from $500 to $650 a month. >> through bold and innovative isan example of the difference difference that we are going to make with public-private partnerships, the city, business, philanthropy and ngos all working together. >> the bristol hotel will open its doors in february and there will be 58 rooms. >>> this morning, a war of words and grapes has erupted north of the california border. a napa valley wirery has been accused of -- winery has been accused of misrepresenting wine after using labels citing oregon wine region. they grow the grapes in oregon but make it here in california. according to the commission only wine finished in oregon can claim they are from the state. after a meeting, regulators are hopeful to resolve this dispute. >> they just have to share a bottle of wine and then stop whining. >> oh. >> i had to. >> kenny. >> ba da bump. >> stop whining. drink a bottle of wine. >> oh, my goodness.

sales force chairman and co-ceo mark benioff is a high-profile supporter. he says the homeless problem is an epidemic and san francisco has no choice but to vote for c. >> there is no plan b. this is our only choice. c is for compassion, it's for care, it's for charity. it's going to take care of the homeless that we have, 7,500 homeless in san francisco, 1,200 homeless families, each with 2 children. they need proposition c. that's why i know that it's going to pass. >> house democratic lea nancy pelosi also voiced her support on the measuring. now, opponents worry that approving prop c could lead to job loss and pour money into a broken system. >>> well, in this final push to election day, early voting centers across the bay area and the country saw increased traffic. in san mateo county, 39 voting centers open today from 9:00 a.m. to 6:00 p.m. through monday and on tuesday, they'll be open from 7:00 in the morning until 8:00 in the evening. every city in san mateo county has at least one voting center. >> if you run into a problem at the polls, we want t

big business and use that money to fund homeless and mental health programs and salesforce's marc benioff the supporters. he gave millions to the proposition and he spoke to abc7 news earlier this evening. > my biggest surprise in this campaign for prop c is that the people who have pushed back the most are the ones who understand the homeless the least. >> well, twitter's yak dempsey, dorsey, excuse me, twitter's jack dorsey, another tech biggie was as opposed to this ballot measure saying that he thought better policy rather than spending more money would be more effective. also against this ballot measure mayor london breed and state senator scott weiner. prop c if it passes would raise about $300 million a year. and that's actually doubling what san francisco spends a year on the homeless. that's the very latest from the yes on c party here in the mission. vic lee, abc7 news. >> quite the party there. >> definitely. >> now to proposition 6 the effort to overturn last year's 12 cent gas tax increase. >> prop c, proposition 6 i should say 55% of the vote is the projected winner. . % of

he got into a twitter debate on the issue with benioff. he said squareould have to pay an extra $20 million from the tax the first year since theas e classifies financial companies differently in ies.ware comp but he counters that's a small oprice to pay t solve what he calls a crisis of inaction. >> i strongly believe that business is the greatest platform for ange. d that businesses can not be extracted from the cities that they do business in. >> reporter: as far as how he explains his support of the measure to investors, he says the proposal does make business sense because the rise of homelessness impacts the company's ability to recruit talent which is a challenge for herenesses for "nightly business report," san francisco. >>> coming up, the pt thickens. why amazon may be ready to crown not one but two winners for the second headquarters location. >> gas prices have been for the fourth straight week. the average price of a gallon of gas is6. $2 the lowest level since april. and while it's cheaper than six months ago, today's nationa

cloud cops is being carried out by activists and by employees of these companies so what does marc benioff have to say in reply to this uprising at his company i'm sorry i'm actually scuba diving right now yes he said that. actually scuba diving does create an emergency when anybody mentions it you have to immediately act interested. you know me oh my god if you've been scuba diving you've got to go it's the best thing in the world you've got to check it out if you've been to swim you should you've got to get in the ocean so you see so many beautiful beautiful company meters to go down oh god it's probably a hundred but it felt like millions you have no idea it's like so different out of here they're like another world yeah exactly like the little mermaid land there was like fish and like a turtle he didn't really want to do anything with us but he was like so cool i think i saw a shark can't tell who's very far away but and nowhere is this movement more alive than appellant here for a company with a fifty one million dollar contract with ice also known for its controversial predictive pol

this was the mark benioff proposition. it will tax the city's largest companies, assessing them half a million bucks more in taxes each year. now, we are tracking all the races that voters saw on the ballot. for a complete list and in-depth analysis, head to our website, nbcbayarea.com. remember, a lot of races are still too close to call. we have real-time local election results. >> in other news, a narrow escape for two women in san jose trapped by a wall of flames. firefighters rescued them from their second story apartments after a fire ripped through their building. notors are trying to determine if that fire was set on purpose and why. nbc bay area's marianne favro is live with the new developments. marianne. >> reporter: well, janelle, the fire broke out in this second-story apartment unit. we talked to the woman who lives next door, and she said she heard an explosion and then saw flames. that's when she realized she was trapped inside her own apartment and may have to jump out a window. >> a female is trapped upst