. >>> air bnb. the home sharing company is changing the way we stay. our sunday sit-down with cofinder brian chesky with a big idea that started with three air mattresses on the floor of his apartment. >> we said, what if you could go somewhere and feel like you lived there? >> we'll talk with brian a little later on in the show. >>> let's begin with a heightened alert at the white house after two security scares there. they did come with the president not in town this weekend. nbc's kelly o'donnell is in west palm beach near his mar-a-lago estate. good morning, kelly. what's the latest? >> reporter: good morning, willie. the coming days will be high risk, high reward for president trump, but the news this morning is something of which he had no control. another test for the secret service. sources close to the investigation said a man was arrested and detained after he claimed that he had a bomb in his vehicle. this suspect was taken into custody at a checkpoint near the white house. growing security concerns at the white house today after officials s

para mÁs informaciÓn visite la pÁgina de bnb y guste tráfic program.se aplica a multas de estacionamiento, efectos del alcohol y drogas. marÍa leticia: podrÁ obtener una copia de su expediente como conductor. cuesta dos dÓlares y la solicita por internet o cinco dÓlares y la va a pedir en persona. las estafas estÁn a la orden del dÍa, la empresa pgne advierte de que hay llamados y correos electrÓnicos que hay pagos atrasados o que califican para recibir un reembolso de impuestos para robarle la informaciÓn personal a las vÍctimas. informan que nunca piden datos financieros a sus clientes por telÉfono. >>nosotros nunca le vamos a llamar para pedirle que nos pague con tarjeta de crÉdito, no vamos a su casa ni pedirle que nos deje que entra. si alguna vez le pite no le exigen dinero tiene que pensar que es un estafador. marÍa leticia: la portavoz tambiÉn informÓ que si recibo una llamada de estos estafadores lamentablemente en su telÉfono aparecerÁ un nÚmero como se le llamara originalmente de la compaÑÍa de gas y electricidad. casi la mitad de los habita

so, i have considered air bnb in my own apartments to be honest. it's not because i think that it's a great idea that because it would make it easier to live. so, yes, we all have to make these decisions. we are all part of the system that we are trying to fight against and i don't think it makes someone a bad person to air bnb their apartment, but it's not good either. >> buy a copy of the book. [applause] >>> was an industrial powerhouse in those days, something i had no idea of when i lived there. it had textile factories, sugar refineries, dozens of breweries innovated entrepreneurs of the 19th and early 20th century, brookland invented checklists, benjamin and more to cite just a few and in 1849, you will like this one, a chemist, one of the many german immigrants to arrive in the period opened to become what would be one of the largest pharmaceutical companies in the world you probably know and were there to. over the years, companies employed millions of immigrants in the business groups dot accommodate them. but it is the fickle in the seco

. >>> the home rental company air bnb is reportedly considering getting into the long-term rental marketrs could use the service to find a place to stay for months or even a permanent home. when it started, air bnb focused on short-term rentals but now offers excursions and luxury trip rentals as well. >>> and the high-end watch maker movado is partnering with google to launch a smart watch connection. it includes five watch designs specifically for android 2.0. prices start at about $495. >> all right, jill wagner at the new york stock exchange. thank you so much, jill. >>> still ahead, information trail. before you throw away that old smartphone, don't miss an important warning about the personal data you may be leaving behind. so we made america's longest lasting roll. with 1000 sheets -- more than any other national brand -- to keep on going just like you. so keep on hugging... keep on playing... keep on smiling... keep on awesoming. with 1000 sheets, we'll keep on going, right along with you. scott 1000. keep on going. does your makeup remover every kiss-proof,ff? cry-proof, stay-pr

if you haven't used air bnb, you probably have heard about it.cks posts a listing for a room or an entire home up on an air bnb site. a traveler looking for a deal shops the site and chooses a rental. rental and host are matched and air bnb takes 3% of the price. hotels and cities are now scrambling to skekeep up. i stopped by to visit brian chesky who is the company ceo and head of community -- where else -- but in his airbnb in new york. how does a 35-year-old ceo with an estimated personal net worth approaching $3 billion travel the world? by crashing at other people's homes. so you're actually staying in this airbnb rental? >> this is a house in harlem. my girlfriend and my mom were here last night and we had food here together so it's pretty cool. i've literally stayed in hundreds of them. at one point i lived on the website. i gave up my home and we would go home to home. it's been a pretty amazing experience. >> reporter: airbnb began nearly a decade with three inflatable air mattresses on the floor of brian chesky's living room. today the

air bnb was tweeting right after the travel ban they would provide free housing and the lyft ceo -- excuseeah, the lyft ceo would provide $1 million over four years pledging to donate that money and there are companies interestingly missing from the list. google, apple, facebook and companies that signed similar briefs in an appeals court last month after trump's first executive order. the google ceo put out this staff memo just after the travel ban saying we're upset about the impact of this order and any proposals that could impose restrictions on googlers or their families and could create barriers to bringing talent to the u.s. apple ceo tim cook who said i've heard from many of you deeply concerned about the executive order noting it is not a policy we support. very interesting that they didn't sign on now. mark zuckerberg said, like many of you, i'm concerned about the impact of the recent executive order signed by president trump and microsoft ceo wrote they will tcontinue to advocate on this important topic. it does seem the community is very vocal and keep pointing that the worker

. >>> this is not your typical air bnb rental. one lucky beer lover will be staying here.ow you can win a wonderful night in this penthouse. >>> kong's skull island took in top place over the weekend. the horror film "get out" came in third mind "logan". >>> a group of high school students in washington state is hoping to come home after an avalanche left them stuck on a filed trip. 53 students were scheduled to lead leave on friday at the environmental center. that's before the avalanche hit. the washington state department of transportation was waiting until this morning to clear the road because the risk of another avalanche. the students have no choice but to stay put. >> it's not so much that we're so desperate to leave because we're not having a good time, it's because people were not planning on this so it's just a surprise that people are so shocked that this has occurred. >> 17 staff members are also stranded at the learning center. three people stuck at a nearby resort. everyone is in good health and they do have the basic necessities including food and shelter.

air bnb says 50% of its washington hosts are women. >> 3200 women in the district share their homes,ical female host in d.c. earns an average of $5700 a year. >> nationally air bnb says women hosts earn over women say they're using the money to pay mortgages and to fund travel and finance small businesses. >>> sitting on the supreme court is really the highest honor a justice can aspire to. >> ruth bader ginsburg always dreamed of seeing her name in the bright lights, but not as a member of the high court. barbara harrison has more on her exclusive in a special report "access washington". >> yes. i spent a wonderful evening with justice ruth bader ginsburg the other night. we saw a new contemporary opera at the kennedy center "champion." we spent time afterwards talking about many things, but we started with her love of opera which she told me began when she was just 11 years old. when i asked her what she dreamed of becoming someday, she responded "certainly not a lawyer". >> by the time i was a high school senior, if you asked me whatou any talent that i could have, the answer woul

air bnb they can't get a job afterwards. charles: the piling default we are seeing. >> there will be a day of reckoning. you would hope, most people think there will be a federal response. not a complete bailout but a certain type of bail out and students themselves would have to pay here. charles: there is a promise from president obama these guys would not have to pay. >> we need to establish moral hazard here. charles: banks didn't have moral hazard and students want to know why they should. >> when the politicians are using the word free and using the word forgiveness, why should someone pay back the loan? as we got into the election bernie and hillary talked about forgiving student loans. i wouldn't pay back the loans if i knew they may be forgiven but everything has changed and maybe people realize when you have a loan you have a contract to pay it back and hopefully things turn better as you move forward. charles: something else, we should get government out of this. of government has gotten involved in this, we see c

they include large companies, netflix, air bnb and spotify. irs trying to get rid of $1 billion in unclaimed tax refund. who wants them? >> could you be in line? get your billions back, america. >> i hope so. ♪ ♪ cough doesn't sound so good. take mucinex dm. i'll text you in 4 hours when your cough returns. one pill lasts 12 hours, so... looks like i'm good all night! some cough medicines only last 4 hours. but just one mucinex lasts 12 hours. let's end this. ♪ ♪ there are some dollar bills up for grabs right now. irs is trying to get the word out about this pile of cash that it is trying to get rid of. >> uh-huh. the irs been trying to make it rain for some time now. r >> reporter: $1 billion in tax refunds up for grabs with time running out. the irs giving abc news this exclusive preview of its new alert one million americans who didn't file their 2013 taxes eligible for refunds. you only have until tuesday april 1th of this year to file and get that money. the typical refund, $763. students, those who star

the kaufcost of a parking ticken spiral out of control with the addition of bnb fees, late fees and city fees. >> we believe in holding people accountable for following the rules. we just think that the penalty assessment has gone crazy. >> the bill does not set an income level to determine who is eligible to take part in payment plans and who is not. >>> if predictions hold, airports are going to be packed this spring. u.s. airlines expect to carry 4% more passengers this year than last. the trade group airline for america forecasts a record 145 million u.s. passengers will fly between march 1st and april 30th. the good news, the airlines are adding seats and flights. i want you to especially look for additional nonstop long-haul flights. there are some great deals out there. ticket prices are cheaper than average but this could be the end of good times for passengers. there are indications prices will soon start going up again. >>> saks fifth avenue is the latest retailer to report a hack of customers' information. buzzfeed first reported the breach that included shoppers' e-mail addre

is more than macy's, could encourage companies like uber, air bnb to go public. >> janell yellen giving a speech today in chicago, waiting for clues when the fed could raise interest rate. there are high expectations that the fed could vote to raise rates at its next meeting in march. >> and mystery solved. amazon says the cloud computing outage tuesday was caused by mere typo. amazon says worker was doing routine fix of the company's billing system, and incorrectly typed a command, amazon says make sure that does not happen again. a type/. >> typo? who knew, systems were so sensitive. >> i've been there. >> boy i can blame things dow wrong on my computer. >> ya, i'm glad that the typos that we make do not cause huge computer outages, right? >> just mass confusion, jill. >> thanks so much, jill. have a great weekend. >>> well, in serious news this morning, hundreds every people will soon be out after job after announcing closing dozens of stores. >> including # 12 in our area. see them on this map. distribution center in philadelphia will also close, and we've learned that the appliance

the family lives in palo alto and was renting an air bnb in woodside, more than 200 rescue workers from four different counties looked almost non-stop for haury, who sometimes becomes disoriented and has diabetes. >> we came really concerned and we figured, we may not see her again. >> when we called out for her, we heard her yell back. and then a couple seconds later, we heard the dog bark very clearly. >> reporter: mike mckinney is part of the search and rescue volunteer group who found haury and camaro at 10:30 this morning. >> she was sitting up, shivering, very dehydrated. >> reporter: the crews gave her water, snacks, first aid and carried her up the hill to her family. >> we really appreciate the effort that's gone on. we're overwhelmed. >> reporter: a happy ending, thanks to an heroic team effort. case larson, abc7 news. >>> a local high school soccer player took center stage just weeks after his mother saved his life. abc7 news was at san jose's via stadium when jose kicked the ceremonial first goal before the game. he's a sophomore san bernardino high school. he went into card

>> there's' lot of high profile start ups, uber and air bnb has being evaluations. we don't know when they will ipo yet. those are the two that people have their eye on. >> how does it change the company once it goes public? >> it's kind of this exstishl change. you know, you start out -- he started this in stanford and mark suker burg started facebook in his dorm room -- -- mark zuckerberg. now they're big companies the world uses so a lot will change. >> you have a responsibility to your investors instead of look at this cool thing. >> looking at the price now, it's at $25. $8, okay. >> thank you so much for stopping by. we have been talking about snap going public and asking you the question of the day, are you going to invest in snap? >>> we'll keep taking your responses throughout the day. this weather -- i'm a life long bay area resident. cold at night but 60s during the day -- i approve. >> i agree. it is that way. it's a nice day. cool weather, i don't know, we're at the fair mont san jose. somebody tell me, we're zooming in on that. maybe you can fire up th

understand why it needs seven bedrooms my parents come to visit i think possibly there mating be air bnb rentals marlie on the first floor that look like bedrooms to me that have access to bathroom i have never seen a storage room with a bathroom access before i don't know what to make of that i'm concerned that that first floor of the house is going to become an illegal rental unit. i think the family of four can fit in the original 2014 permit which expands it greatly but will provide more than enough house for their family and also be very consistent with the block and the neighborhood. thank you. >> thank you. did you have some time left? >> one second. [laughter]. >> you don't have any time left. we will open it up - are you part of the dr? the public. okay we're going to open it to the public that want to speak in opposition to the product. >> good evening i known 395626 street i own with my spouse dr. eliu the tic is the top eastern unit and located directly south of the proposed project with our backyard 143 clipper street. the architects plan show four bedrooms 3-and-a-half bath

push back on air bnb on tech companies that want to build offices but not housing the colleges that are here push back on all of them. this is not a single problem. mayor's office of housing can only build so much housing it's all about last use here i'm saying push back on those things that are really proven to effect our housing tax. air bnb the influx of text they're shipping their economy actually back these businesses are making money they're not building housing and having their businesses in the pen nen sue la no one is billing housing. so push back on it. i am frustrating i know you guys i'm new to the board just fyi sf u.s. d knows this about me i think we have lost our way - you must stand with all of them they're in the same boat as you their jobs are important too, just want to say we have lost our way here. let's just try to find a way back. >> i'm wondering if we can skip to slide 25 talk about mark leno's legislation and talk about brick and mortar . >> thak thank you supervisor. before director lee takes on this next section i do want to underscore the point that council

and the new version isn't getting any applause either.uber and air bnb have already criticized the wateredproporsal. ((2shot/catherine)) some changes are being made to t-s-a pat-downs at airports... and some people are now worried that they'll be more invasive.((steve))the fact the t-s-a informed local police agencies around the country about the changeshas some people assuming there will be more complaints about the screenings.((dbl bx))kron four's spencer blake is live at s-f-o.spencer, is the screening more invasive? the t-s-a won't go into detail about what, if anything, has changed as far as áwhere on the body the pat-downs will happen, nor on áhow they'll be done.the main change here - is streamlining the process. there used to be five different pat-downs, depending on the situation.now, there is only one, universal pat-down. that means whether you choose to have one, or if an agent randomly selects youyou'll have the same pat-down.as far as t-s-a talking to local police about the changes, that is true.but public affairs manager nico melendez says he's unaware of any anticipation of

he advertises on air bnb which stands for air bed and breakfast, trendy loft, steps from times square julie liked the pictures on the website and comments from previous guests like "the apartment is cozy. felt like a home away from home." >> not only are we able to use the fridge, we have a microwave, fresh hot coffee. >> i'll make it. >> julie likes staying in homes because this way her karr gets to learn a little about how different people live. >> messy comfortable. >> the room-a-rama website the run by geo and tao. she and her husband created it because they travel a lot. >> there must be thousands of apartments able vow inspect. >> how might they rent their home when they travel? why not just go to craigslist. >> because on craigslist, you don't know who you're dealing with. we dealt with people who just never showed up, people who refused to pay in advance because they didn't know who we were. >> how do i know i'm not going to get some guest who is going to trash the place? >> there are reviews on the site. everything is very transparent for both sides. >> the reviews, the inter

he advertises on air bnb which stands for air bed and breakfast, trendy loft, steps from times squareneighborhood that's cheaper than a hotel. plus julie liked the pictures on the website and comments from previous guests like "the apartment is cozy. felt like a home away from home." >> not only are we able to use the fridge, we have a microwave, fresh hot coffee. >> i'll make it. >> julie likes staying in homes because this way her karr gets to learn a little about how different people live. >> messy comfortable. >> the room-a-rama website the run by geo and tao. she and her husband created it because they travel a lot. >> there must be thousands of apartments able vow inspect. >> how might they rent their home when they travel? why not just go to craigslist. >> because on craigslist, you don't know who you're dealing with. we dealt with people who just never showed up, people who refused to pay in advance because they didn't know who we were. >> how do i know i'm not going to get some guest who is going to trash the place? >> there are reviews on the site. everything is very transpa

. >>> air bnb, who changed the places we stay and made it very comfortable in the process. >>> >>> herene increasing late morning to the afternoon. temperatures reaching the mid-40s. light breeze. sunset today an hour later at 7:12. first look at the snow totals from the storm developing on monday night and by the time it all ends tuesday, noon time. the dark blue, north and west of 95 corridor, 5 to 10 inches. southern suburbs, probably south and east much lighter amounts. maybe a mix of rain overnight on monday night. >>> well, most of us in the northeast are talking about snow. what did we just snnotice, will? >> 87 in southern >> i resent them, too. >>> next on today ," made in america. companies committed to making their products here and enamel is the strong, white, outer layer of your tooth surface. the thing that's really important to dentists is to make sure that that enamel stays strong and resilient for a lifetime. the more that we can strengthen and re-harden that tooth surface, the whiter their patients' teeth are going to be. dentists are going to really want to recommend

the growth of snap chat has slowed lately but with the latest news other start ups like uber and air bnb may consider going public as well. >>> there is a catholic high school in mountain view that's made between 20 and $50 million off of snap's ipo. st. francis high school invested $15,000 in the start up company five years ago. after the ipo, that investment is said to be worth between 20 and $50 million. reportedly, the school sold 2/3 of its shares raising about $24 million. the tip to buy into the company came from one of the student's parents who is a partner in the venture capital company. >> we have great trust in our parents. remember the guy who brought this deal to the table. his guys are doing due diligence, carefully making sure that these are good investments and look good to the entire committee. so we went with it. >> school administrators say the money from then dowment fund supports tuition assistance and financial aid programs and making sure the school is accessible to as many students as possible. >>> 5:20. storms wreak havoc across the midwest and northeast. look at

. >>> air bnb, who changed the places we stay and made it very comfortable in the process. >>> indraher. good morning, indra. >> i don't think i can go anywhere without being asked, how much snow and when is it coming? a nor'easter setting up monday evening into tuesday. notice tuesday morning as we go all the way here, we're talking about heavy amounts of snowfall. keep in mind where this low goes from this track to this track, that's going to change how much we're expecting. we do know 12 inches is >>> good morning. i'm first alert meteorologist krystal klei. a look at your forecast highs, 36 the forecast high in center city 357bd in chestnut hill. in lansdale 32 degrees. that's about the same for allentown. notice the mix of clouds an sun today. we'll also be breezy as we go through your afternoon. in new jersey, 35, 34 voorhees. ocean city up to 38 degrees. mid to upper 30s expected as we go through today. snow chances arrive monday night into tuesday. >>> well, most of us in the northeast are talking about snow. what did we just snnotice, will? >> 87 in southern california. >> i

. >>> air bnb, who changed the places we stay and made it very comfortable in the process. >>> indraher. good morning, indra. >> i don't think i can go anywhere without being asked, how much snow and when is it coming? a nor'easter setting up monday evening into tuesday. notice tuesday morning as we go all the way here, we're talking about heavy amounts of snowfall. keep in mind where this low goes from this track to this track, that's going to change how much we're expecting. we do know 12 inches is >>> good morning it's not too cold but it is a bit chilly especially along the coastline. half moon bay 45 degrees, san francisco 49. areas for south bay like san jose 51 degrees, palo alto wake up to 57 degrees and we will be warming up today for highs in the 60s and the 70s expecting to see plenty of sunshine on this sunday. san jose expecting a high of 74 r san francisco 66. in the northeast are talking about snow. what did we just snnotice, will? >> 87 in southern california. >> i resent them, too. >>> next on today ," made in america. companies committed to making their products her

that system hosts more than half a million web sites including netflix, ai air bnb ad spotify. >> youtubex and hulu with its new subscription service. that service is called youtube tv. >> for $35 a month it offers programming from 40 channels and networks including abc. you to youyoutube executives sas aimed at cord cutters. >> th3 million onto tweets sent. the top tweeted moment was his call to repeal and replace obamacare. >> those are your tech bytes. >> have a great day. answered lel questions hold you up, because we're here, we're here, and we've got your back. legalzoom. legal help is here. legal help is here. with not food, become food? thankfully at panera, 100% of our food is 100% clean. no artificial preservatives, sweeteners, flavors, or colors. panera. food as it should be. only abreva can heal it in as few as two and a half days when used at the first sign. it penetrates deep and starts to work immediately to block the virus and protect healthy cells.. don't tough it out, knock it out, fast. abreva. ialmost everything. you know, ke 1 i n 10 houses could get hit by an expensi

and net geks, air bnb and spotify.ng to get rid of a billion dlp dlfr in tax kulths? al. >> get your billions back snoev. cough doesn't sound so good. take mucinex dm. i'll text you in 4 hours when your cough returns. one pill lasts 12 hours, so... looks like i'm good all night! some cough medicines only last 4 hours. but just one mucinex lasts 12 hours. let's end this. ♪ cash rules everything a ♪ cash rules everything around me'. >> the irs is trying to get the word out about this pile of cash that rilthser trying to get rid of np irs has been trying to make it rain. rebecca jarvis tells us. >> $1 billion of tax refunds with time running out. 1 million americans who didn't file their 2016 tangss only to april 10th of this year to file and get that money. the kipical renaund, 7en $63. students and part-time workers are most likely to get money back. >> the process for filing late is the same as online. you can go to a cpa. >> butted nisz that april 18th deadline and your money becomes property of the u.s. treasury. the

companies like slack and air bnb are using them. 20 inmates have graduated, left san quentin and allmark zuckerberg visited, they awe newel who he was, even though they had never been on facebook. but why should anyone help these people? >> this is a population that is forgotten. and the truth is that 95% of the people who are incarcerated in our facilities in the united states are coming home. so i ask, who do you want them to be? >> i never really thought about, about my impact on the world. i didn't think i had a responsibility. the only responsibility i felt like i had was to me. and now i realize that i have a responsibility to how the condition of our world is. and if i don't do some things to try to give back, then i'm not doing my part. >> 17 years feels like a lifetime. and it's amazing to think that, in a few short weeks, i'll be walking out of the gates as a free man. >> it was very moving, yesterday, as the latest group of coders graduated. last mile has paid for privately and also with prison revenues from sales things like license plates, no taxpayer money. it's very di

coming up on cbs this morning, air bnb half women make up half the company's hoses, i'm jim donovan,nday, march 6th, 2017. welcome back to "cbs this morning." >>> more real news ahead including mr. trump's charge. we'll ask homeland security adviser fran townsend if that could happen. first here's today's "eye opener" at 8:00. >> so the president could provide no evidence that during his administration president obama had him wiretapped. >> james comey is refuting that. >> are we in crisis mode here? >> i think it's interesting that the justice department has not weighed in on this. >> have you heard anything? >> either way, this is yet another strategically timed provocation. >> iraqi forces have seen some of the heaviest battle yet as they push to rae take mosul. as they move into heavily populated areas, civilians are paying the price. >> the biggest stars. >> cold play won. lead singer chris marten brought three background dancers to accept the honor. >>> good morning to you. i'm norah o'donnell. anthony mason is with us at the table. i heard from reliable source he may join us a

push back on air bnb on tech companies that want to build offices but not housing the colleges that are here push back on all of them. this is not a single problem. mayor's office of housing can only build so much housing it's all about last use here i'm saying push back on those things that are really proven to effect our housing tax. air bnb the influx of text they're shipping their economy actually back these businesses are making money they're not building housing and having their businesses in the pen nen sue la no one is billing housing. so push back on it. i am frustrating i know you guys i'm new to the board just fyi sf u.s. d knows this about me i think we have lost our way - you must stand with all of them they're in the same boat as you their jobs are important too, just want to say we have lost our way here. let's just try to find a way back. >> i'm wondering if we can skip to slide 25 talk about mark leno's legislation and talk about brick and mortar . >> thak thank you supervisor. before director lee takes on this next section i do want to underscore the point that council

push back on air bnb on tech companies that want to build offices but not housing the colleges that are here push back on all of them. this is not a single problem. mayor's office of housing can only build so much housing it's all about last use here i'm saying push back on those things that are really proven to effect our housing tax. air bnb the influx of text they're shipping their economy actually back these businesses are making money they're not building housing and having their businesses in the pen nen sue la no one is billing housing. so push back on it. i am frustrating i know you guys i'm new to the board just fyi sf u.s. d knows this about me i think we have lost our way - you must stand with all of them they're in the same boat as you their jobs are important too, just want to say we have lost our way here. let's just try to find a way back. >> i'm wondering if we can skip to slide 25 talk about mark leno's legislation and talk about brick and mortar . >> thak thank you supervisor. before director lee takes on this next section i do want to underscore the point that council

push back on air bnb on tech companies that want to build offices but not housing the colleges that are here push back on all of them. this is not a single problem. mayor's office of housing can only build so much housing it's all about last use here i'm saying push back on those things that are really proven to effect our housing tax. air bnb the influx of text they're shipping their economy actually back these businesses are making money they're not building housing and having their businesses in the pen nen sue la no one is billing housing. so push back on it. i am frustrating i know you guys i'm new to the board just fyi sf u.s. d knows this about me i think we have lost our way - you must stand with all of them they're in the same boat as you their jobs are important too, just want to say we have lost our way here. let's just try to find a way back. >> i'm wondering if we can skip to slide 25 talk about mark leno's legislation and talk about brick and mortar . >> thak thank you supervisor. before director lee takes on this next section i do want to underscore the point that council

to place an ipo bid in the tens of billions with ride sharing app uber reported 66 billion area air bnb0 billion and office sharing company worth $20 billion. snap is the most valuable company to go public since facebook did five years ago. the numbers are crazy, aren't they? >> the numbers are congregates but make you feel good about america because we are creating companies with these incredibly innovative business models and changing the world. the snap ipo is it facebook or twitter? facebook went public appear 138 and stock -- sorry, 38 and stock now trading at 138. twitter went public at 26 and the stock is now 16 and videotape if i can do a brief victory lap of me on this show showing that the twitter ipo was overpriced and alex can dig it out. >> there is also -- >> that's funny coming from you! >> there is videotape of willie and me saying facebook. we got the tape. is a dog. and it will never go above 26. >> okay. bye! on the macro side of things they did tell you for five years that china was a bubble and you're like, no, china, china, china. >> oh, my god. please no. don't en

one of the innovations we're seeing right now is the on-demand economy, the uber, the lift, the air bnb and other services where users can connect to goods and services more direct lea through an app on their phone or a website. what kind of information or data do we need to ensure that we properly understand that segment of the economy? do you think the bureau of labor statistics is able to capture that information? >> senator, i do not know if the bureau of labor statistics is capturing that information. i knowledge that's a very important question and one that i will follow-up on, if confirmed. >> thank you, i have other questions, i'll submit them. thank you. >> thank you, senator ensy. senator cane? >> thank you. i appreciated our visit in your skpofs your public service. i think the committee needs to ask about and i think you're entitled to respond to an article that appeared in "the washington post" and i'll just read the opening and ask you some questions. labor nominee acosta cut deal with billionaire guilty in sex abuse case. just the first three paragraphs. there was once a

companies like uber, lyft, and air bnb would be unthinkable without the direct and immediate connections and data flows mobile network give them and their customers. together these three companies alone are valued at $98 billion. to say that the u.s. mobile industry is one of the driving factors to create new jobs and businesses in a digital economy businesses in a digital economy is an understatement. captions copyright national cable satellite corp. 2008 captioning performed by vitac