private companies such as uber and air bnb to revolutionize whole sectors of the american economy.oning those kinds of names brings up a separate discussion of whether the private markets are now overheated. you have icon ventures, have voiced concerns about the surge in money flowing into startups. there might be pockets of froth in the private markets, he says, but these are real company's making real money. carl, back to you. >> the debate on that front continues to rage, josh. let's bring in simon hobs here. >> hey, interesting we just connected europe and the united states on the equity markets. that may have something to do with the fact that the benchmark oil prices have also disconnected. a lot of oil companies are lower in europe as a result. the deflation continues for a third month. you've also had a tenth of 1% taken off the unemployment rate in the euro zone for a third month running. the big focus continues to be the european central bank meeting on thursday. when they're expected to lay out plans finally for solving qe. one of the italian papers suggesting it will be

. >>> san francisco legalized short term rentals like air bnb in february.ew people complying with the new law and what can be done to force them? abc 7 news reporter carolyn tyler joins us with more. >> ama to say it's slow going would be an understatement. of the thousands san franciscans eligible to register rentals only 1% have done so. >> we're just coming into roadblock after roadblock. >> greg has been trying to register with the city under the new air bnb law to legally rent out a room in his home. >>> the process is arduous. they're requiring information and i.d. that are just difficult to comply. >> applications must be made in person at the planning department. owen donely just wrapped up and said it was straightforward. >> not so much red tape. you have to read the a.m. kagts and fill it out. >> but clearly he's the exception. of the estimated 6,000 hosts in san francisco, only 159 have applied since the law took effect february 1st. only 60 have been approved. at a city hall hearing today, there were lots of complaints. the process is not user-f

. >>> city council members in pal all the will talk about regulating air bnb tonight. they are concerned the city isn't getting its fair share of revenue. pal all the is just the latest city trying to set some rules on house sharing. >>> president obama is pushing tech jobs because he wants people to work in careers that pay more. he announced a new jobs program today called tech hire. it has commitments from more than 300 employers and local governments across the country. they have agreed to train and hire tech workers. president obama says the u.s. needs to produce more workers and tech to continue being a global leader for inknow vision. >>> when we all lead digital lives, anybody who has the drive and the will to get into this field should have a way to do so. a pathway to do so. >> reporter: the obama administration will give $100 million to the program. the money comes from government fees companies pay to hire higher skilled foreign workers. >>> all eyes were on hillary clinton during a speech in new york today on gender equality. >> there has never been a bett

some people discovered that she uses air bnb to rent out a bedroom for $90.money just to get by. she turned to the short-term rent ams after some long-term situations did not turn out so well. >>> 7:45. well, voters in martinez may decide the future of a financially struggling golf course. the owners of the pine meadow on vine hill way say they just can't afford to operate it anymore. they want to sell the 27-acre site to a developer. now, back in january, the city council voted to rezone that property to allow for 99 homes to be built on the land. but there is a group that wants to preserve the area and they've collected enough signatures to put the matter up to a vote. >> our city council needs to understand and hopefully this petition will help them understand that they should be working to protect our open space, not turn it into more housing. >> the housing project we have proposed, we felt was something that my parents would have been proud that we were doing on this property and we thought we were giving something great to the community. >> well, the c

. >> reporter: while homes like the home rental business air bnb pri provides coverage for damage andty, your insurance company may require additional coverage. and those delivering groceries may wanted to look at investing in a business owners policy. >>> we'll continue to follow breaking news we brought you a few minutes ago. a tanker truck fire in dearborn michigan. on michigan avenue. there is trucks there that are trying to put this tanker truck fire out. we don't know if there is fuel. we're just learning it is gas and diesel fuel that's berning and that tanker fire. they're doing their best to contain it. this is on i-94 michigan avenue, in dearborn michigan. outside of detroit. we don't have any word on injuries or severity of injuries. if there are. but we'll keep our eye on this tanker truck fire out of dearborn, michigan. >>> we follow breaking news. back to michigan to show you this tanker truck fire. this was carrying fuel gasoline, and also diesel. it looks like they're beginning to bring this under control. but this has been burning for quite some time. this is in dearb

thanks to home-sharing companies like roomarama and the biggest, air b air bnb. >> whether where youwhether where you want to go. on air bnb.com you can book and stay in any one you like, all for a price that suits you. john: it's part of the new sharing economy; people advertise their homes or extra a rooms on web sites like roomarama or airbnb which stands for air bed and breakfast, tourists pick homes to stay in instead of hotels. this mother and daughter who wanted to visit new york city found an apartment where the owner also fixes them breakfast. >> being in the city with a child is much more convenient because not only is his breakfast is amazing, we are able to use the fridge, we have a microwave, fresh hot coffee -- >> ooh, i'll make it. john: the girl gets a hug from her host. >> enjoy your fries. >> so lots of people love the home-sharing companies. airbnb has more than six million users. but whenever there's a new idea, some people say you've got to stop that or at least regulate it. >> airbnb is operating, essentially with no regulation. there has been p incidents where

who uses air bnb? think how beautiful that designed interface looks and think about what most products are. i think of the guided people and took hackers cybergeek folks and compared them with the design team at apple i'm certain they could come up with something much better. then that needs to scale on the corporate level. we were talking about companies having problems. there's a statistic in future times where i say one third of all security products purchased by a company that expensive koska millions of dollars are never used. they're called shelfware. they buy them because of go my god we need to to have an intimate on at the time to set it up. they are too busy and have other things going on. one third of the tools that are purchased are not even use. >> talk about where a lot of the issues are with the human meeting the keyboard as a woman raised earlier with her five credit card since last summer. >> moved to florida. >> what about the folks at target? it was the cybercriminals, not the consum

news this morning that air bnb is worth $20 billion. snap chat. these are not listed companies. think that is the bottom. >> who do you think is pushing these expectations. the rest get that you know what out of them because they bought the stocks at these superhigh levels. >> let the good times roll. look at the big board right now. the dow at 18,248. i do not believe we have been there before. i believe it is a new intraday high. i have a stock for you. mcdonald's. seems like just two weeks ago it was 90. another stock story of a very different kind. lumbar liquidators. taking a big hit after a 60 minute story last night. the story said that, allegedly lumbar liquidators sold for and with high levels of formaldehyde . they did it to maximize their profits from chinese imports. we will take a look at the stock when it reopens. right now it is closed down as this news gets out. what in the devil is going on with gas. $2.42 a gallon. up $0.05 just over the weekend. thirty-four straight days, the price of gasoline has gone straight up. in california, the price of regular gas has g

. >> when she was trying to get money for this, you rented out your room to air bnb and you were sleepingch. i would feel guilty. >> i decided to rent out my bedroom and sleep on my couch so i could afford to stay focused on theearly days of the business >> how did that work out. >> eventually. my first airbnb guest is now my husband. that's how we met. >> how did he move from the couch to the bedroom? >> that is a story not for television. >> i think your story is a cool story. you're making a lot of money. norah and i were talking about this, we never heard of tradesy until today. >> we're only 2 1/2 years old. we're growing quickly but there are women who haven't heard of it. >> i'm sending you some things. >> gayle has a lot of clothes. and shoes. >> it's not just designer stuff. >> anything. >> thank you so much. you guys are clearly interested. brian grazer began his amazing run more than 30 years ago. his work clues "apollo 13," "the da vinci code" and "a beautiful mind." he shows scott simon how his family used his childhood curiosity to earn his place in hollywood. here's a previ

air bnb hosts are unhappy about a new san francisco law tightening regulations.ns. >> uc president janet napolitano is planning to cap enrollment at current levels unless the state increases its funding by $200,000. she plans to cap controversial out of state enrollment but not at the other eight uc campuses. another local news update in a half hour. we hope you join us then. in the meantime, enjoy your morning. . >>> caught on tape, wait until you see what happened when this buffalo came charging. we will hit the road with adam carolla. all that and more, coming up now. >> this is "today's" take with al roker, nat low morales, willie geist and tamron hall from studio 1a in rockefeller plaza. >> welcome to "today," march 4th 2015. kind of a drizzly day here. tamron, let's get to the lead story. what happened to your phone? >> is this the? i didn't want to talk about it. i didn't want to be ridiculed. i was taking a bath and i had the phone on the ledge and i forgot it was on vibrate and the phone fell in the tub. i saw it go under and i dropped it again. it was w

. >>> meantime, two advertisers in new york city, they are using air bnb to raise awareness about homeless. they started up putting postings like this advertising homeless people sleeping spaces for rent. the asking price about $10 a night, all of which will be donated to organizations that help the homeless. now, in addition to helping, the men say they also want to highlight the economic disparities in some of the most sought after neighborhoods of the city. >>> it is 7:15. apple stock getting a little extra attention on wall street today. that's because this morning the cupertino tech giant made its debut among the dow 30 industrials. it replaced at&t. apple is the biggest company in the u.s. but because of a recent stock split, its shares sell for $128 making it affordable enough to be on the dow and that makes apple only the sixth most expensive stock in the dow industrial. taking a look right now, the apple stock is up just slightly at $128.57. >>> we are expecting to hear from the ceo of tesla today about a software update he says will boost the range of the company's cars. elon mus

you know you have air bnb hosts who rent their apartments out a couple weekends a month, sometimes justt's a new world that we're entering. >> now you just last week announced you raised $530 million. that's a huge capital rise. what are you going to do with all that money? >> so the recent investment i think is a huge vote of confidence about the values of the company and the size of the problem we're solving. we're trying to overhaul the transportation industry and make it possible for people to get around cities without driving their own car. >> uber is your much larger competitor though. you're now valued at $2.5 billion last i checked uber was valued at $41 billion. will this money allow you to compete? will it be enough? >> absolutely. lyft is going after such a large problem. we welcome other people going after this with us. what we're trying to accomplish is to make it possible to get around a city without having to own a car. we launched a new service six months ago called lyft line. we will match up two people taking the same trip and have one driver pick them up. now lyft lin