we're live from bloomberg west with today's after the bell report. hi, emily. >> hey, larry. the tale two of companies. stock hitting a record high $648 a share, facebook plunges to a record low, $19 a share. facebook's slide and two trading days became eligible to sell flooding with up to 271 million new shares. this has been one of the worst lock up explorations in history. and there is noshl network wiping $46 billion off the cap. and facebook plunged 50%, apple has risen almost 23% in the same period, market value soaring past $600 kbrinl today in part because of a new report from jeffries that says the set in s.in production and could be on the market before the end of the year. that this mini ipad is in production. and meantime, nokia making two popular zynga game that's will be available free on the phone, nokia faces increased competition in emerging markets. also provides 100 million new users. >> and ibm says it plans more acquisitions in storage industry. and there is terms not disclosed and the deal will allow ibm an all flash storage system. >> and a jury has sta

and in san francisco, i'm emily chang with bloomberg west. >> we can see it's sunny out there now. big changes are coming. >> you said it's going to be cooler today. >> temperatures just plummeting and now, with sun we have it's in isolated spots and there is a live view over san francisco. you can see low clouds hanging over the city and bay. there is a section of the city that is brightened by a silver of sunshine and around the bay, near the coast it's dreary looking now. there is clouds pushing across the bay and up into parts of the north bay as well. so there is temperature readings feeling like winter. and looks like winter. 59 degrees in half moon bay. there is milder in antioch. not a lot of milder degrees to be had right now. cloudy conditions tonight. areas of drizzle slightly warmer tomorrow, warmer sunday and monday. and there is wide spread clouds across the bay area with pockets of showers into early morning hours. and speaking of early morning hours, low temperatures will be mainly into low to mid-50s and there is a drizzle near the coast. there is upper level low o

and for those stories and more let's go to bloomberg west. hi, emily. >> hi, larry.ebook and zinga have hit new lows again. shares of the social net work closing down for the fifth straight day since reporting earnings. that means facebook has lost nearly half its market value since it's ibm. zinga's shares closed at $2.81 a share, plummeting for the fifth straight day and zinga has lost almost half its market value in a week. and two california law firms have filed class action suits accusing zinga about misleading investors about growth. several other firms have launched investigations into insider trading at the company. stocks fell today after the federal reserve said economic growth has slowed and hintedda new steps to boost the recovery. chairman ben bernanki held off on stepping up with a stimulus even as consumer spending stalls and unemployment holds at 8 .2%. the bloomberg silicon valley index closing lower, mostly with apple. and speaking of apple we have an update with the patent infringement lawsuit. the judge decided not to reconsider an earlier decisio

how far shares have fallen and y a live report coming up from bloomberg west. >> taking a look at traffic right now on the san francisco skyway. if you're heading south on 101 it's moving along nicely. but for those drivers trying to make their way to the east bay, it will take time. abc 7 news at 4:00 continues right after this. >>> the dmv is now taking full respongsibility for the computer shut down and found out it affected more people than first reported and admit it was their router that failed. on tuesday, blaming at and t and verizon. officials say the failed router affected more than 30 state departments, libraries and public health services with emergency medical services off line for approximately four hours. >> there is bart received 3,000 comments to lieu bikes on trains. bart is allowing bicycles on all trains all day during five fridays in august f you're a bart rider the agency wants to know about your experience. there is a link on abc 7 news.com. the bart board chose an insider for its newest member. and king replaces bob franklin who left in june to become bart director

take a listen to what the jury foernman tells me on bloomberg west today. >> when you compared them sidey side against the statements in the patent, it was clear to everyone of us not only was the patent valid but the samsung products that were accused of were legitimately a problem. >> and iac's ask.com is buying about.com paying $300 million to the "new york times" for the business, hoping this will get more people to serve using ask.com and if they search and find about.com material, that will help them as well. and ibm is buying connecta for $1.3 billion. the deal will give ibm access to social networking services companies use for recruiting. as for the market's stocks ended the day mixed and nasdaq rising as shares rallied after winning $1 billion in that patent case. your bloomberg silicon valley index closing higher. and adobe hoping pull the index up. >> aol says it will pay a special one time dividend and will buy back $600 million worth of stock on an accelerated program. aol hit it's highest value. the company sold patents to microsoft and collected more ad revenue n san fran

. >> and still have to and and we are live from bloomberg west for those stories and more. hi, john. >> there is a big fight in the business software market. looks like that is on sales force.com. and sales force reported more than $730 million in sales, up 34% from last year, the company had a nearly $10 million loss and profit for the third quarter fell short of what analysts were looking for and software tools can make live easier for business customers and with social networking, sales force spent nearly $700 million to buy budding media on a call, the ceo says that benefit from that deal will be on display in the upcoming dream force conference. >> facebook is feeling the need for speed. the world's most-popular social network is updating its app for iphone to make faster the process for users. it aims to double the speed for starting the app and scrolling through news feeds. speeds should double for opening photos from news feeds. half users check for updates of the local device. >> best buy might be bleeding red but it's new ceo is seeing green. the retailer is shell

bloomberg business report is next. >>> battling to stop a west nile virus outbreak.setback in the bay area and rush to stop its spread across the nation. >>> power ball fever. we'll tell you where the one winning ticket for the 337 million dollar jackpot was sold. >>> how legos are helping girls build a future one block at a time >> welcome back. live doppler we have leftover showers down to the south mainly where they will stay, a few along the sierra heat back in central valley 100s everywhere, 72 big sur. near 80 tahoe mid 90s yosemite heading to southern california rare thunderstorms there are possible tomorrow those will taper saturday and sunday upper 80s around l.a., upper 70s for san diego. >>> 5:48. this morning a jetliner out of new york has made an emergency landing in iceland after a report of a bomb onboard. 256 people were onboard that plane bound for moscow, an anonymous caller reported the bomb to new york police. the plane is on the ground now in iceland where baggage and passengers are being inspected. >>> breaking news, ecuador has just granted pol

bloomberg news, for wbal-tv 11 news. >> now insta-weather plus and traffic pulse 11 together. >> time to check your morning commute. pretty busy on the westde. heavy delays approaching 795. watch for some delays on southbound south western boulevard. it is shutdown at washington boulevard. this is southbound 795. heavy traffic down to the beltway. the outer loop delays began down the west side. that is the latest on traffic pulse 11. ava marie joins us live from the inner harbor at a new mccormick spice shop. stay away from the hot stuff. >> lots of different flavors that you can experience. i have been choosing different meals and i have to choose my final selection. double chocolate brownies. i will select that and it will tell it what kind of flavor i am. it is counting down. withith the director mccormick. that, cocoa loco. this is one of many interactive things that people can do. you can learn about your taste buds. >> we have a fun smelling game. you can guess which spice comes out. we have videos on how spices and herbs are cultivated and history of flavors and spices and history of baltimore through mccormick. >> so much to exper

bloomberg's been very vociferous about demanding new types of gun control and so on. clearly in chicago they have pretty tough gun control laws, but they're still getting these wild west nights. what do you think should happen? >> well, you know, i think these -- the situations are not the right situations to pick to debate gun control. either this one or the one that took place a couple weeks ago. or the situation in norway a year ago where they have very strict gun control. they have no guns. 67 people were killed by a maniac. when you have this kind of irrational killing, gun control, even the elimination guns, is not going to prevent a killing like this. we don't know why this man killed. i'm willing to assume it was an irrational reason. a deep-seated hatred that triggered something irrational in his mind. and this isn't the kind of case that's going to be prevented by gun control. and what happens sometimes when people seize on gun control as the answer to this is they're trying to escape a deeper more painful question which is human behavi behavior. human beings held responsible for the crimes they commit. when i was mayor. when i started as mayor of new york c

bloomberg, examines the role of third-party play in american politics. and martinez investigates the united states in doesn't america, boom and bust in the new old west. and obama's shocking plans for the next four years exposed, the authors present their thoughts on the obama administration's priorities in a potential second term. his assist richard muller examines current energy issues in the u.s. and provides an outline for the future in science headlines. look for these titles and book stores this coming week and watch for the authors in the near future on booktv and on booktv.org.? >> how old was she when she: sha killed herself? >> she was 26 years old.r, >> why did she kill herself? suo >> what we know is that she left a suicide note that said that she was distraught.philanderingo that was the immediate cause. >> that was the president's grandfather, stanley dunham's mother? >> yes, she was 26. because of that dramatic event, stanley and his brother ralf moved back with the dunham family. and his great-grandfather, a aracte character named christopher columbus clark, who had gotten the civil war. >> weirded the grandparents meet? >> they met in

bloomberg to give us the final details. both individuals it looks like, the perpetrator and the man he shot initially wo*rbgd a worked on haven imports on the 11th floor of west3rd street. as we've been reporting they had a work-place dispute. this is a company, haven imports that designs ladies handbags i am told. the manager is the gentleman who was shot. we understand he was shot in the head. the perpetrator was a designer of ladies handbags, is what we are being told right now, at least according to people that know both men who work in that building. that's all we have right now. we're hearing it's a work-place dispute between a manager, who fired his employee yesterday, and the employee came back today shooting. and, you know, when we're talking about who might be dead out of this obviously the perpetrator is i believe confirmed dead, the other gentleman who our sources are saying diseased in this is the manager, the gentleman who fired the perpetrator who shot him this morning where this all occurred. i know you had patrick on before who said this occurred on the 11th floor. that is yet to be determined. it might have occurred downstairs. we don't know