cisco was a customer but now nokia, huawei are all customers of cisco.ve to decide how much they want cisco to know about their supply chain. cisco has done deals before where the companies they buy, they are a customer of. we will see how it plays out in these business relationships. emily: ian, talk to us about the priority that cisco is placing on hardware versus software. ian: it is interesting because they had added a lot of services, cloud software layers. now we are seeing a push back to the fundamentals, hardware. i think this is chuck saying boxes still matter. we need to absolutely make sure these things are distinctive. they are something different than anyone else will offer and something people have to have. emily: we were talking about the ibm-red hat deal earlier. in the enterprise world, are we expecting more m&a this year, big m&a? liana: as we reported before, broadcom and symantec are on track to announce a deal worth over $22 billion that could includes debt that could come the week of july 16. that is one my sources are looking towar

cisco is spending billions. cisco's corporate makeover, next.is bloomberg. ♪ xfinity mobile is a wireless network designed to save you money. whether you use your phone to get fit or to find the perfect gift, you'll use less data with a network that automatically connects to millions of wifi hotspots and the best lte everywhere else. so you save hundreds of dollars a year on your wireless bill. xfinity mobile has the best network. best devices. best value. simple. easy. awesome. click, call or visit a store today. emily: this is bloomberg technology. i'm emily chang. fresh off a bullish sales and profit forecast for the quarter, cisco is not standing still. cisco makes up the backbone of the internet and corporate networks and announced it would at $2.6 billion. premium toents a 46% the closing price on monday. that company makes products for cloud infrastructure operators and communication service providers. the deal is excited to close in the second half of fiscal 2020. to tell us more, we have lianna baker in new york and ian king who covers

looking at 77 and seven cisco. 70 in oakland. emphasis go into the low 60s along the coast. the july 4 outcast is seasonably mild with fun for most of us hand for the fireworks shows across the bay for the coast, the upper 50s and low clouds and breezy. for the bay the low 60s and inland locations are mainly clear. the mid-70s tomorrow evening. here is the seven-day forecast high pressure building and friday and into the weekend with temperatures warming up. the low 90s inland by saturday and sunday. straggly iacocca the visionary automaker that led ford and chrysler has died. lee iacocca with the iconic mustang in the ford lineup in the 1960s and wrote two best- selling books. he had a 32 year career a ford and chrysler helped launch some of detroit's most significant cars. according to his family, he died of publications from parkinson's disease. he was 90 for years old. >>> it is about 10 minutes before 6:00. the baseball world is remembering the los angeles angels pitcher tyler skaggs. yesterday both of the angels and the ran

this tipping point, the nonprofit several cisco. the broader idea from what to do. most of these are concentrated on the east side of the city. this petition is asking every city built something. so ted lange and sonoma do not continue to fit lot of the strain of homelessness crisis. daniel of the nonprofit tipping point asking san frcisco's to ask for affordable housing in your neighborhood. he said with homelessness the right that is up to every san francisco and to take action. >> it is not okay for just a couple of to bear this for a crisis that affects all of us. >> mental health care and substance abuse treatment would be offered on site, but it would be up to the city to survive. tipping point has spent $27 million as part of the pledge to spend 100,000,005 years to cut the cities homeless population in half. and a lot of organizations, more than 50 are supporting the movement, the campaign and online petition including airbnb, the several cisco giant and 49ers. they are having a kickoff event today at 11. live from several cisco city hall, jackie ward, kpix

we will hear from the cisco what's next int wh the future.s is bloomberg. ♪ week, werlier this brought you the news that cisco is buying acacia communications in a $2.6 billion deal that is expected to close in cisco's year. the global vice president discussed the merits of the deal on bloomberg daybreak from hong kong. >> the internet is exploding. we're starting to see connections around the world we have never seen before. we're currently connected to 25 billion things. by the end of 2030, we are going to be connected to 500 billion connected things. the requirement is going to be for data density. being able to capture and analyze that data. it is going to be around speed. getting inability to very quickly -- an ability to very quickly dispersed that data. it will be around low power consumption. all three of those boxes are ticked by acacia. sense, technological sounds like a very good marriage. how about the business sense? a lot of acacia's existing customers are customers of cisco. can you identify any difficulties there? guy: no, tha

sample cisco may be one of the cities targeted. look from the backup camera.f the clouds. 57 degrees there, but we are starting to warm up. thank you for waking up with us. a quick timeout before we come back. it's no ordinary day for our family at denny's. it's crepe day. a family tradition we started about 22 minutes ago and now we can continue that tradition at home with denny's delivery. see you at denny's or dennys.com ♪ ♪ this is how driving should feel. the tech-advanced nissan leaf. the best selling electric vehicle of all time. this is nissan intelligent mobility. ♪ >>> live from san francisco city hall. it is not a matter of if but when. generic times reports that immigration raids could be happening as soon as sunday targeting 2000 immigrants across 10 major cities in the country. this was postponed last month when president trump tweeted about it, in part because of resistance by immigration officials. they were worried about separating parents for many children who may be american citizens. resources a fellow members arrested together beholdit fam

a lot of acacia's existing customers are customers of cisco.any difficulties there? guy: no, that isn't the rationale behind the acquisition. we're a global company. we operate in 120 countries around the world. i run a program called country digital acceleration that works with 30 countries and their leaders to help them digitize faster. the acacia acquisition will help us serve them better. shery: will it also help you to sell two big giants like amazon and google? guy: we certainly believe so, absolutely. it is a bit of a game changer for us from the standpoint that it gives us a relevance. it gives us a technological advantage moving forward to meet the needs of our customers as we see this massive explosion in the digital age. shery: just before we had you on, we were talking about all these concerns over surveillance cameras made by china. we have ongoing tensions when it comes to huawei, between the u.s. and china. have any of these issues have any impact on your business, especially when it comes to the deployment of 5g networks? guy: n

. >> investigators say they have the thieves had hit ulta beauty stores and several cisco, the youthabout south bay in the peninsula. they also say the silliness store was recently hit. authorities say crooks are difficult to track down because getaway cars are either stolen or rentals. and police have identified several of the suspects who they say already have warrants out for their arrest for similar crimes. >>> uber and lyft drivers coming together in protest outside of the uber several cisco headquarters. this is video from a previous protest. right ear drivers calling for better pay, replace protections and related units. today's protest comes with the fight intensifies over a california bill that could radically transform the industry. ab 5 would classify gig drivers as employees and not contractors. the legislation is making its way through the state senate. both uber and lyft have launched a campaign to defeat it. >>> we are getting our first look at the dramatic moment is a powerful earthquake start strikes parts of greece. >>> what is in the water. parents are taking a clo

look at the daytime high for same cisco at 67 degrees. a few clouds. the marine layer is back and nothing to see. if we look across the bay for today, we are going to the low 90s inland. that is warm, but not that big of a deal. you have done plenty of that over the last few days. today feels like yesterday across the entire bay area. if anything, it may be a little cooler because we are getting much more of an onshore flow. excessive heat inland through the weekend, but we cool down to normal by monday. all of the details are coming up in a few minutes. let's get you ready for the drive. >>> your main travel times are actually getting better. getting later in the morning, take a look at your travel times. eastshore freeway was the only drivetime in the yellow. now it is in the green because the emergency construction they were doing in the westbound direction of the east shore has been cleared as of 5:00. no more lane closures. you should be back up and running. no problems on any commutes. the golden gate bridge is foggy. there is a fog advisory in e

this includes semiconductors it's all about 5g here cisco is a player in the 5g space.hey're making it easier for data to move because 5g will be using tons of data for various use cases. i had a chance to catch up with the cio of cisco here. he was here at rise earlier today. i asked him about why cisco made this acquisition let's listen in to what he had to say. >> we're going from 25 billion things connected today to 500 billion over the next decade the primary requirements going forward will be data density, speed, being able to access the data faster and of course low power consumption which is critical for i.o.t. and a number of other factors associated with digital progression. acacia tips all of those boxes for us. >> reporter: you heard guy there toque about iot, the internet of things this refers to the hundreds of millions of devices that are expected to be connected to the internet over the next few years which will be underpinned by 5g. you can imagine all of the data being processed by these devices. cisco is trying to boost the 5g division as it tries to

jones in their unit square in seven cisco. a man and a woman carjacked. they turned the keys over to the sky. they called please any san francisco police chased the car for a while but then canceled the pursuit for safety. chp spotted the car adjacent until it crashed. this is the seminary avenue near 5 80 50 suspected cardiac or was taken into custody but the investigation continues. the original couple was carjacked said he did not produce a weapon but they believe that he had one. back to you. >>> i'm jackie ward at the uc mission bay campus in seven cisco where the uc regents will be meeting at just a couple of hours. are discussing yet another possible tuition hike. this one would only effect incoming freshman, and transfer students. it is called cohort-based tuition. right now, undergraduate tuition for the year $11,502. the this includes mandatory fees. it is twice as much as it was 12 years ago and 2007. more than triple what it was in 2000. since 2011 tuition has only gone up once and 2017 by $282. the chronicle reports use the suspect for the ne

the mid-sixties several cisco. upper 70s in petaluma and the mid-eighties for ukiah, lakeport, and clear lake. robert l as well and july 4 for crest suitable mod farook forecast for the bay area, in san francisco looking at a 6 p.m. the mid-sixties the upper 50s and 9 p.m. with areas of fog for the freshman swarf forecast for tomorrow night. there we are with high pressure building and friday and into the weekend with highs inland, the low 90s by saturday and sunday. >>> it is just about 6:22. team usa makes history who they will face in the world cup finals. >>> taking alive look outside from our tower camera. look at that beautiful shot of the bay and the golden gate bridge in the distance with all of the clouds. 6:22 this wednesday morning. we will be right back.. right now, earn 60,000 bonus miles after qualifying purchases when you apply and are approved for the hawaiian airlines world elite mastercard. plus, you earn miles on everyday purchases. get closer to the travels and moments you'll remember forever wi

cisco, by the way, acacia is a big supplier to them, zte and huawei this ensures cisco will get the sourcef product that it needs. cisco quietly is building a 5g infrastructure away from that we call the core base station and i'm beginning to think that cisco is going to be maybe the jewel of 5g and we start talking more about sprint and t-mo, verizon, you'll talk about the service providers being good customers again. >> 5g came up in our conversation, asked that question of ginnie promoty, so much data will be moving to the edge of the network and an opportunity, doesn't need to be held anywhere else 5g has no latency. >> you talk about that happens to the handout cisco will be ready. i will point out that that company has been consistent in its earnings you'll see people say, wait a second, we went from being the most consistent and inexpensive software and hardware company to being one that is going to have episodic earnings, i would say no if you believe in 5g, you got another reason to buy cisco. >> we'll watch here. the general mills celebrating its fiscal 2020 investor day as we sa

seven cisco 65 degrees. overnight, mid 50s. 53 and seven cisco, 50 and santa rosa. we have a ridge of high pressure that is getting closer, just a little too late. low pressure leaving oregon and exiting to the east just a little too late. if the change is going to happen tomorrow would happen tonight, we would have very little, if any fog and likely beautiful viewing for the fireworks. but it is happening about 12 hours too late. this will move tomorrow and this rate will go closer tomorrow. the marine layer will get compressed and not push as far inland or be as strong of a push from the ocean. all that will be wonderful news if it happened tonight, it is not, i am telling you what will happen tomorrow. tonight widespread local clouds, but everywhere we are clear and livermore and san jose we are clear. it is the typical spots, the coast, it is the city and anywhere close to san francisco bay. already cloudy and will stay cloudy through the morning tomorrow. as the pattern change takes shape we get less cloud coverage and no push on friday night into saturday. and

>>> live from cisco city hall. a nonprofit challenging everyone to help and the homelessness crisis in the city think of it as an antiacne bcamp a their clear focusing on housing 1100 people in the next couple of years. are currently 268 affordable housing projects in the works in san francisco, and most of the buildings are concentrated on the east side of the city. the petition is asking every district in the city build something. so tenderly and somewhat do not feel the strain of solving the homelessness crisis. daniel of the nonprofit, tipping point asking san franciscans to start asking for affordable housing in your neighborhood. he said with homelessness on the rise it is up to every san franciscan to take action. tipping point has spent $27 million in the last couple of years and it is part of the pledged to spend 100,000,005 years to cut the city homes a population and half. pretty bold moves there, and 50 companies are backing this up. it is called the all and all and campaign. there holding a kickoff eve

let's talk about networking equipment giant cisco systems. both a nasdaq and dow stock. it's buying optical component maker for $2.8 billion. let me give you the optics of the deal. cisco, which is up about a quarter of a percent right now, is paying $70 in cash for each acacia share. right now, that's at $64.94, even with a gain of 35% right now. so when cisco says you know what, we will offer you a 46% premium to monday's close, investors really seem to think that that, for the moment, is the right price. cisco says this transaction will allow it to build its switching, routing and optical networking portfolio, maybe even 5g. cisco is really kind of the company that might want to very much take on china's huawei. this deal will apparently close in the second half of cisco's fiscal 2020. >>> other optical makers are getting a nice bump here on this. supplied opto electronics, moving higher, anywhere from slightly higher to 13% gains. and a lot of eyeballs on a screen these past four days. we are talking about netflix. the mega-hit "stranger things" broke the record for

as we take a look at the skies around sentences get united on planet earth, divisions and cisco hit 62d 59 and san jose 78, santa rosa was about 89. another perspective right now in concord, 74, and temperatures otherwise in the mid 60s. a mild night on this sunday night, warm again tomorrow but high pressure finally begins to weaken and retreat, making room for that low pressure that is offshore which will begin to cool things down by the time we had to midweek, clouds blossom around the shoreline again tomorrow we sneak back in tomorrow night. and, in the meantime we will get pretty good sunshine tomorrow and a nice monday. low clouds thicken and spread inland late, it will be warm again cool of the coastline, not so warm as it was today and then we will get this coming in tuesday and for the rest of the week. here's how it looks like a mile, san francisco at 68. concord at 90. san jose 83, oakland 75. all of these in excess of average down to the south bay the numbers will be at 81, palo alto sunshine and 90 at morgan hill. san jose hits 83. over the east bay in antioch, 90 but near

i'm going to stick with cisco systems. >> sarat, you like one that's been bonkers, financial, bx. >> i do. i like blackstone. we've liked it for a long time the catalyst there was going to a c corps from an s corp. but i like it's almost $500 billion under management it has a 5% dividend yield given the yield can move around, but if you look at their investments and you look at all the talk we hear, most people are moving into alternative investments, liquid investments. blackstone is the leader in that area, smart management team. so that's one i think you can hold for a longer time the other one is interactive corp., owns match, tinder, home advisor and now viveo. they own great assets sum of the parts is greater than the whole. zimmer is the merger with biomed, that's orthopedics, an area even if you have insurance pressure, people still have to repair shoulders, knees, hips and i think the opportunity there is the stock hasn't moved a lot and i think if it comes back to rerates to its normal you can make some money there. >> doc, what do you say? >> mel, i'm going to give you two

seven cisco the bay bridge you can see delays in the south bay. of the early from that.hat is a result of the accident approaching a 80 down to about 90 miles per hour. your brought to 80 with lanes closed as well. this earlier accident having a hard time clearing this. to lanes southbound just as you are hopping on the highway for. at the resulting delays in the connector ramp and backing things up onto highway for, for those of you heading south. there is a better option. taken 680 and go south. 242 is just really going through concord. skip it if you're heading to walnut creek down to 24. the altamont pass slowing down as well. down to 10 miles per hour out of the tracy triangle. once you are through the altamont pass you're good to go. no problems there at all. the bay bridge for the reading laser on your backed up it is a reminder, once you get to treasure island your facing the delays as the result of the accident at harrison. and then, the eastshore freeway moving along. for whatever reason the san mateo bridge heavier than normal starting at an earlier hour. plen

and several cisco 68, oakland 76. exited forecaster you're looking for sunshine tomorrow, and warm temperatures inland. still, look at the beach. 63 degrees around the bay. in the low 70s. sunday we cool down a little bit and continue the cooling trend low pressure trough settles in over the week, pressures fall, temperatures fall so will be back in the 80s, in the meantime sunday looks good it looks at a great weekend ahead have a good one, it being the weekend a lot of sports and i recognize this guy from the weekend show. >> i have been with you for the next couple of days. >>> sport settling in at 6. hear about the latest, warriors player on the roster? we got him. speaking of the warriors to time nbp steph curry swinging a club and having a ball in lake tahoe. why? i will tell you. ♪ ♪ ♪ this is how driving should feel. the tech-advanced nissan leaf. the best selling electric vehicle of all time. this is nissan intelligent mobility. ♪ >>> when in the world do we lead with tennis? well when a grand slam is involve

at several cisco's legion of honor.de, in the parking lot and his car had gotten broken into by some thieves who were still going through adjacent cars in that lot. he pulled out his cell phone, try to take photographs of the two individuals. they got a look at him, jumped in their car and slammed the car into him. he was hit by their fleeing vehicle. he has been transported now to a hospital. we do not know his condition right now. police tell us that they are looking also for two male victims who were breaking into vehicles in that parking lot. he will have more on this coming up. at the live news desk i am ken bastida. >>> what is old is new again. safeway says it will revive grocery stores, some of them anyway. berkeley side reports the four existing safeway committee markets will become andronicus stores. with more local food and upscale deli options. as well as a wider variety of gourmet and specialty foods than a typical safeway store. safeway bought the family-owned chain in 2016 and then renamed the store. the

fifth best performer in the dow, cisco. up 26% under the leadership, cisco chance stransitioned from a netg play slow growing to a diversefied growing business with software and cybersecurity exposure, largest in the world by the way just buried within the company the skeptics are thick on the ground which is one reason why the stock is so cheap. even though cisco is in great shape and sitting on -- not as big amount but still a mountain, i think it got more room to run. robin sold the last round of tariffs out of china ahead of time, no cuts there. if the new date traded to holds, maybe that doesn't matter but if this deal goes off the rails as so many people thought through much of the day, cisco will be fine how about the top five winners in the s&p 500 many of these are like cisco there are stories where magic made good decisions. the best performer during the first half was cody cosmetics but given the fact they plunged, number two xerox which is very much never should have been down so much in the fourth quarter, put

the mid-sixties and several cisco and the low 60s for pacifica. will talk about the all- important weekend forecast and i think you will like it. details are coming up. >>> i like the traffic this morning at five: there one. is only one exception in the green as far as the main traffic times and you guessed it. it is the altamont pass. you're up about five minutes as far as the traffic time is concerned a 31 minute ride. out of the tracy title towards the dublin interchange. you're still on the user file. 101 heating up. the bay bridge meeting lights are on. they do not need to be for quite some time. take a look at how smooth it is getting to the toll plaza. you are a little slowed down in the hov lanes as well as the fast track lanes but you are to go back into san francisco. the san mateo bridge looks good to go as well. another problem in the westbound direction. you have other cars on the road with, but not as much as you normally see. eastbound looks good, no problems. the richmond san rafael bridge no emergency construction in place. there

fog and low cloud cover likely and tampa cisco tonight. that is your forecast. >>> coming up, it is not the fourth of july without watching a bay area champion fight to be top dog. >>> some of the photos our viewers are sending us up there fourth of july celebrations. this is noah and benjamin from fremont. you can tell the little guys are very happy to be celebrating with their american flags. >>> while you're out slipping the country's birthday, share your photos with us, use the hashtag kpix and you may see them on our broadcast and our other social media sites. it's no ordinary day for our family at denny's. it's crepe day a family tradition we started about 22 minutes ago and now we can continue that tradition at home with free denny's delivery. see you at dennys.com thanks for the ride-along, captain! i've never been in one of these before, even though geico has been- ohhh. ooh ohh here we go, here we go. you got cut off there, what were you saying? oooo. oh no no. maybe that geico has been proudly serving the military for over 75 ye

. >> fresh off a bullish sales and profit forecast for the sales, cisco isn't standing still.whose equipment makes up the backbone of the internet and corporate networks, announced it will buy a casein, valued at $2.6 billion, which makes products for cloud infrastructure operators and communication service providers. >> if you are cisco, you don't want to be selling the same box everyone else has. they are going out in getting the fundamental technology, the chips, the optical translation technology, to put it in their boxes, and saying it will hopefully make the looks of -- make the likes of google and aws come back to them, saying we need cisco technology. >> two of the world's largest automakers are teaming up on self-driving car's. valuation of about $7 billion, in vw will fold audi division self-driving unit into argo. that positions argo as a challenger to general motors crew and alphabet. >> we are using this to be very competitive in europe, having scale that will make us more competitive, if you accelerate into cars, which will have those companies. >> m&a heating up

cisco, you don't want to be selling the same box everyone else has.undamental technology, the chips, the optical translation technology, to put it in their boxes, and saying it will hopefully make the looks of google come back to them, saying we need cisco technology. ♪ >> two of the world's largest automakers are teaming up on self-driving car's. the car partner has a valuation of about $7 billion, in vw will sell it saudi division self-driving unit into argo. that positions argo as a challenger to general motors crew and alphabet. this to be very competitive in europe, having scale that will make us more competitive, if you accelerate into cars, which will have those companies. ♪ >> m&a heating up so much that even ones usually advising on those deals are starting to merge. boutique investment banks are bundling up with piper jaffray, price tag of $485 million. >> i think the price is low, and i think that they got a very good deal, and i'm going to do everything in my power to make sure they did, and everything we do to be helpful with them should

mid-sixties and several cisco and breezy conditions with the low 60s along the coast. i will have your all imported july 4 forecast, coming out. >>> we are already tracking a crash. this one in the north bay southbound 101 at petaluma boulevard. lane is blocked. not affecting speeds right now, but it is early and hopefully they can get that cleaned up before the morning commute. >>> taking a look at the super commuters coming in on the altamont pass. speeds are really slowing down to 17 miles per hour, and we are going to take a look at the richmond san rafael bridge where there is emergency construction being done. usually every morning we have seen this. the lanes will be closed. some lanes closed on the bridge, until 5 a.m. taking a live look out at the san mateo bridge. traffic is moving along nicely, but it is still early. and they bay bridge toll plaza we can see traffic is moving along the cars are moving in pretty fast. >>> a shooting sense the san bruno mall into chaos and to victims to the hospital and the search is on for two shooters. >> attention jcpenney

a lot of acacia's existing our competitors of cisco. can you identify potential difficulties their?s not the rationale behind the acquisition. we are a global company. we operate in 120 countries around the world. i run a program called country digital acceleration. it works directly with 30 countries and their leaders to help them digitize faster. the acacia acquisition will help us serve them better. also help you sell to big giants like amazon and google? >> we certainly believe so, absolutely. it is a bit of a game changer for us from the standpoint that relevance. a it gives us a technological advantage moving forward to the the needs of our customers as we see this massive explosion in the digital age. had youust before we on, we were talking about these concerns over surveillance cameras made by china. we have ongoing tensions when it well betweenei as the u.s. and china. have any of these issues had any impact on your business, especially when it comes to the deployment of five g networks? >> know, and the reason is because we are in the infancy of 5g. people keep referring

>>> this morning, an arrest and if ever cisco dog napping case. police have charged 53-year-old lee van luke was walking off of a dog that was tied up outside of a business on post-street, two weeks ago. the owner of the golden retriever, lily, launched a social media campaign to find her, and she was spotted the next day. the suspect was spotted this week, allegedly breaking car windows on franklin street. >>> if you're going to outside lands this year no american indian headdresses are allowed. that has been added to the list of banned items at the three- day festival. it seems like a weird item to have to prohibit. organizers say it has become a popular possible passion in recent years. they defended the decision by saying out of respect for native american heritage and culture, we do not allow headdresses at outside lands mirror we are committed to creating a safe, respectful and inclusive environment for all. totems are also taboo. the festival now has clear back policy. that means all bags and backpacks have to be see- through vinyl. >>> if

cisco has been left out of the china market.lot of revenues there, but acacia does. this deal will need approval from china. as i said, acacia gives about 29% of revenues from china. zte is its number one customer there. huawei also a big customer there. this could be an issue, given the fractious relations between the u.s. and china. vonnie: thank you very much. emma chandra with our stock of the hour, acacia munication's. -- acacia communications. coming up, we speak with richard branson and the social capital ceo about their venture going public. this is bloomberg. ♪ vonnie: we'd like to welcome now ,illionaire richard branson whose virgin galactic is becoming the first space tourism company to go public. we are joined by richard branson and social capital cofounder chamath palihapitiya. richard, how did this meeting come about? i know you had been in talks with the likes of saudi arabia and possibly other players as well. you pulled out of those after the death of jamal khashoggi, and that brought you to this meeting. explai

it will likely not be in separate cisco, low clouds returning before nine or 10:00 tomorrow night. it will be breezy with temperatures in the upper 50s. the full 70 forecast including your weekend coming up in a few minutes. >> thank you. >>> let us take a look at the preholiday traffic on the bay area right now. many people headed out of town for the long weekend. those roads right now looking pretty clear. not too bad. but you do see some red spots on the map right there. so, go ahead and pack some patients if you're sitting in traffic right now. >>> here is what is going on, actually that is what it looks like out on the highways right now, starting this friday there will be a new waiting area for uber and lyft drivers aching pickups at sfo. the new lot meant to ease gridlock that has been building up on millbrae avenue and old bayshore. the new lot on the north side of the airport will have 244 new parking spaces and that is more than double the size of the current lot in millbrae. write your drivers and say that it currently takes about 30-40 minutes just to get into the lot.

cisco stock a little bit lower by .7%.ire joining us here on set, lori calvasina, our market head of u.s. equity strategy. we ended up talking to elga about what you do with central bank expectations when they are so high. lori: we think people have been aggressive in calling for a july cut. we do not think the data supports it. it is fair to say we have dovish central banks. the fed has been inching toward an easing path. how do you support your portfolio for that path we are eventually going down? to me, it is simple. pick your spot carefully. second, look at dividends. a lot of sectors we find that we like having combination of attractive valuations or valuations that have room to move higher and good dividend yield. we have consistently seen that early in a easing cycle. alix: is this a typical rate cutting cycle? typically, small caps would outperform. is that what we will see again? lori: you can eventually see that with the small caps. when we say pick your spots carefully when we think about cyclical areas of the m

earlier this year, sample cisco became the first major city in the u.s. a to b on the use of facial recognition technology. one concern was that it would be used for this purpose. outrage continues also over continues at migrant detention centers. assessment a team of doctors, lawyers, and advocates who visited border facilities in texas want about what they say major health and hygiene problems for the trump administration insists the concerns are overblown, but critics say they cannot be trusted.>> there is adequate food and water because it is cleaned every day and i know what our standards are and i know they are being followed. >> we have gotten the administration that intentionally used cruelty to children with a total of immigration policy. speck in your times report of the weekend describes outbreaks of chickenpox, scabies, and she goes among children and one texas facility. >>> marathon police standoff is finally over. we will let you know how it all unfolded. >>> world cup championships headed back to the u.s. we will hear from r departure from

san jose at 56. 33 and cisco. 50 for livermore. oakland at 56. 50 in concord and 54 santa rosa.he weather headlines with clouds in areas of fog, with equal and breezy conditions. and heading through the afternoon, we will have the clearing with mild temperatures and as we go through tonight, the cloud cover comes back for the coast, and part of the bay. it is because of the stronger sea breeze that the marine layer will get thicker because the low pressure system will get even closer to us for today. and that is why that tonight, for some locations, you will see the low clouds for the fireworks shows. taking you hour-by-hour, here we are at 4 p.m. the cloud cover pushes back to the coast, and heading through tonight, you can see the low cloud action and areas of father will increase along the coast and for part of the bay. that continues into tomorrow and with high-pressure building and friday, temperatures will be heating up for sure. 84 for the high concorde, later on today. 70 in san jose. with the sunshine, 70 in oakland. mid-sixties in san francisco and 63 in pacifica. it d

. >> several cisco stands behind our centricity policy. we will support and stand by our immigrant community, and continue to invest and provide resources. immigrant agents generally need a judicial warrant to enter your home. our office of civic engagement to, and immigrant affairs is a resource to helping get you connected to the legal services you need. >> reporter: the new york times is reporting immigration raids will be happen sunday. 2000 immigrant the 10 major cities will be targeted. last month, the washington post reported the rates will target san francisco, and other major cities with large immigrant populations. the operation was postponed last month after president trump tweeted about it, , kpoin presidtrump affirmed the reason i.c.e. is performed the operations. is people come into our country illegally and we are taking them out illegally. it is simple. truck the times sources is a family members arrested will be held at family detention centers in texas and pennsylvania but due to space limitations, so may end up in hotel

with high pressure out th 60s, 70s and in the 80hye conco 65 in oakland. 83 in the bar. 60 in the cisco. 70 san jose. and 84 santa rosa. we are going to continue to see temperatures go up as we head through the afternoon. the high pressure across the desert southwest will be building enough for us, and with that, we were up as we go through the next several days. not just today, but through the work week, and into the weekend we want our temperatures climb from where we started off, below average earlier the week, to eventually above average. today is seasonal. exactly where we should be this time of year. now let's say the wind because we are tracking some basic additions. 16 mile-per-hour wind and downtown tampa cisco. 17 at sfo. mile-per-hour wind. 12 in vallejo and 11 mile-per- hour wind in fairfield. here is the satellite and radar view. the high pressure is building an closer to california and that is why the temperatures will be climbing. plenty of sunshine this afternoon. enjoy it. heading into tomorrow morning, we see the low clouds and areas of fog along the coast and part of

the mid-sixties in cisco. here is the seven-day forecast. this is what you can expect. starting tomorrow we see temperatures inland in the low 90s and we stay in the 90s inland friday into the weekend. for the beginning part of next week also. we will be right back. >>> bay area tech giant will had to capitol hill to testify before congress about the power they wield online. top executives from google, apple, and facebook as well as amazon be questioned by the house antitrust subcommittee. the companies are accused of having too much dominaerwill automatically block robo calls. the blocking future will start with newly activated lines and eventually apply to existing accounts. it would mostly be a default feature that users can then turn off.>> if you have a consumer problem, or a question, email us. at garage at kpix 5 orc -- kpix.com. or call the hotline. >>> the taste of the day is with apricots. it is one of the first summer first that comes into the market. they start at about the beginning of may, and msu 6 to 8 weeks, depending on where they are grown and the wea

upper 60s were seen for cisco as well as santa rosa. check the visibility as we are dealing with the fog along the coast and part of the bay. the extensive, cover for most of us as we start the day. six miles for santa rosa for the visibility this morning. low clouds with areas of fog. heading through the afternoon, most of us see the sunshine for today. that is clearing for most of us with the cloud cover pulling back to the coaster temperatures near seasonal heading through the afternoon, and are going to continue to warm up as we had through the week with amateurs in the 90s inland, starting tomorrow. here is the satellite and radar view, with the unusually strong upper-level low generally bringing the rain to the specific pacific northwest. you the rain for washington down to oregon. for us in the bay area, the ridge of high pressure near the desert southwest will be willing and it will be the dominant whether future for us through the next several days been satisfied the temperatures will be climbing as we go through the week. taki

concord and buchanan field, 56 in concord. 34 and seven cisco, 56 in san jose. let us plan your week and maybe the alameda county fair. i'm told that they are racing again tomorrow and sunday with saturday and sunday warmer on saturday, 80s and likely 70s coming up on sunday. the fillmore jazz festival this weekend in several cisco the milder son your choice would be tomorrow with mid-60s weekly cloudier an little dlycong upn sunday with highlow 60s. another change is coming, a ridge of high pressure down to our south and west dominates our weather for the next 24-36 hours and then another storm racing to the pacific northwest. it is firing up a stronger onshore flow coming sunday. there are numerous wildfires burning in british columbia, a long way away from here, look a is grabbing the smoke all the way up here by the first satellite, around the low, down the pacific ocean, southern oregon and then if you get an amazing center tonight is elevated smoke, we shouldn't breathe it. we may get some gorgeous sunsets with clear skies next couple of days because of th

want to watch it live you can go on cisco cisco dot com and you she met we will be covering it on the uss hornet starting at 4 o'clock in the afternoon. thank you so much for joining us if you can head back out live now really quickly they have done a great job. the uss hornet, not just the ship but also a museum you can see that something very similar right. this is where the 3 astronauts walked off in fact they have their footsteps right here neil armstrong buzz aldrin's footsteps as they walked over here. 2 a korean team, this is the one that they hopped into here and they stay there for several days just to make sure bring back anything other than rocks from the moon back to you guys. amazing all right. thank you very much well 7 19 is the time and for your money this morning to pull lay makes a major comeback and what is the difference. >>in earnings between college and non college grads in california. jane king is live at the nasdaq with those stories and more i want to see if it's worth it yes, good morning and this you know if you're on the fence about going to college. take t

see you at denny's or dennys.com >>> the city of cisco want you to bring your own babs. doubling the cost of buying a back facing one more boat. it is expected to pass. they want to study how many people are bringing bags for the before the increase takes effect. strike the city of berkeley has voted to switch off the gas from water heaters to stows. gas applianc from allnew ho advocate say the move would cut down on pollution and electric appliances are safer, especially in earthquake prone areas. strike we also voted to take gender out of the equation when it comes to the cities municipal code. manhole becomes maintenance whole. manpower gives him an effort becoming collegiate greek system. the ordinance bans all gender special programs with he and she is becoming bay. spec the california coasting margaret right sharks in monterey bay strike one pilot seeing two dozen sharks anyway is now a common occurrence from 800 feet in the air, seen the stealthy creatures guided beneath the ocean service. santa fe the water is warmer than usual which is attracting young stars. th

bullish sales, cisco is not standing still.ipment makes up the backbone of corporate networks. that company makes products of cloud infrastructure operators and communication service providers. >> you do not want to be in the same box as everybody else. what they are doing is going on and getting some of the fundamental technology, the chips, the obstacles to put in that box to differentiate what makes the like of google come back to them and say we really need cisco technology. two of the world's largest automakers are teaming up on driving cars. go economist car partner are has a relation of $7 billion and bw will fold into argo. that as a challenger to gm. china.nlist heavily in very competitive in europe. [indiscernible] >> even the ones advising on those deals are starting to emerge themselves. investment banks are bundling up. [indiscernible] price tag $485 million. >> the prices low and they got a good deal. i am going to do everything in my power to make sure they did and everything we do to be helpful with them is be h

. >>> to suspects in a violent can't several cisco carjacking are in custody after an hours long manhunt and san mateo county. the arrested yesterday in broadmoor. police spotted the stolen car last night. a short chase ensued, but the suspects crashed the car and took off running. at one point authority say at least one of the men broke into a house and broadmoor and tried to hide. >> we had one person that we located in a wooded area behind the homes. he was hunker down and we brought in a k-9 unit. we were able to take him into custody. >> the second suspect was captured a bit later. police believe they were responsible for carjacking a man and a woman earlier in san francisco. a female victim, an elderly woman was pistol whipped. >>> santa cruz county, a socal neighborhood on edge after two dogs were mauled and killed a herd of alpacas. nancy collins is two pit bulls attacked her alpacas lawsuits against her husband were away on vacation. five of them died and two are in critical condition. nancy and her husband run the rocking horse ranch daycare and she says the attack really upset

tomorrow in the mid-90s, oakland at 70, livermore 87 in san jose at the moment 76. 10 for cisco and the city 61 degrees. some numbers came down today close to the shoreline. it inland they are coming up. the games tonight, oakland takes on the white sox. first pitch at 7:07 p.m. mainly clear and 72 degrees. high pressure has been building over four corners. desert southwest really. the strongest it will get it saturday and then next week this comes in. it is the low pressure trough that approaches that are precious will be falling coming in sunday, tuesday, wednesday thursday, all next week numbers will be coming down back into the 80s. tomorrow it will be warm. so tonight we get the fog in the low clouds along the shoreline and there will be some fog inland heat will peak tomorrow. it will not be as warm on sunday, in fact not as warm all next week as we will see tomorrow. a lot happening this weekend among the happenings. the southwest art and wine festival will be about 80 degrees. i notice we have nudged the number of one degree from yesterday. that is a warming trend. stern grove f

. >> the several cisco mayor tells us how she plans to draw the public back to a problematic park. ♪ere i go again on my own ♪ goin' down the only road i've ever known ♪ ♪ like a drifter i was-- ♪ born to walk alone! ...barb! you left me hangin' on the high harmony there. if you ride, you get it. geico motorcycle. 15 minutes could save you 15% or more. honey, this gis ridiculously fast. we are seriously keeping up with the joneses. keeping patels. with the ford's.'s.ros. the wahh-the-wahh ke's. ri no one ig tohaventerke xfinity makes keeping up with the joneses simple. easy. awesome. want gig-speed internet? we've got you covered. or check out our other amazing speed options. get started now for as low as $29.99 a month for 12 months. click, call or visit a store today. >>> welcome back. it is about 6:30. >> i'm melissa kane. let's start off with a check on the forecast with darren peck. >>> heat advisory. that is the headline in the forecast. i wanted to start out by giving you the overview picking out some of the representative spots along the bay area to show you how this is not a

check out the coast with parts of the seven cisco bay that will see mostly cloudy skies.heading to tomorrow morning, low clouds in areas of fog, and some afternoon sunshine. as we look ahead to the end of the week, we are going to be warming up. a ridge of high pressure sert s the warmer air for us, and also sunshine. as we go through the day, temperatures will be below average this time of year. and there we go with the warm- up, as we head through the next several days. if you want more son and warmer conditions, you've got it. especially by the end of the workweek, and into the weekend. >>> it may be had towards the end of the week, but it is looking cool, calm, and collected. let's take a look at overall maps. we are mostly going with the exception of a couple of trouble spot. let's get right down to where we are seeing a bit of an issue. that is as a result of construction. until 7:00 the road work will effectively enclosures. north on 680 at concorde avenue at highway format until 7 a.m. this is the opposite commute direction but as a result, you may see some slowin

live in tampa cisco, melissa caen kpix5. >> we fear spreading through with fear sprinter immigrant communities rights groups there have formed a rapid response network to help repair. trained volunteers and attorneys are available 24 seven throughout santa clara county. the group urges people not to open the door unless ice has a warrant for a specific person. and to call their number if they sea ice activity in the neighborhood. >> people are concerned about their loved ones being taken and family separation, our concern is that but also it is that making sure that we are there for the community, to uphold people's constitutional rights. >> groups ask people to avoid posting about raids on social media and call them instead to avoid spreading fear. in oakland, mayor libby schaaf two has butted heads before with the president over ice activity, said "i want to assure members of our community not to panic but to be prepared. know your rights and response abilities. know that you are in a community where you're supported, respected, and appreciated." and san jose's mayor says that "san jose reje

livermore you are above average. 89 the warm spot in concord, several cisco 65. mid 50s in vallejo, fremont and san jose. and 56 year low in fairfield. let us get right to the maps because we do have a change coming. it's near about 12 hours too late because if this low had left this morning and this ridge got closer this morning, we would be talking about a more compressed marine layer, a lighter onshore flow and likely clear skies around san francisco. we are not talking about that the low is still too close, the marine layer thick enough and the flow from the ocean strong enough for tonight will likely feature the most widespread low cloud cover we are going to see him next several nights and the past several nights as well. then this ridge of high pressure builds in and we will be warmer as soon as tomorrow. if you're heading into san francisco you will get a great view of some beautiful he patriotic colored clouds. >> low cloud cover hugging the coastline. 9-10:00 tonight. it will be widespread tomorrow morning pushing locally inland the burning back to the

we are live in separate cisco tonight. i'm alyana gomez. ktvu fox2 news. >>> thank you. >>> looking into your weather, it warmed up today. between 5 and 8, 10 degrees in some places. the valley got into the 80s. the last few days it was all about the 70s and low 80s at best. the plan now is as the high build beckons, the air will sink and as it does, the fog will be kept here along the coast so it cannot get well inland. that is the plan as we go throh next couple of days. that is why it will warm up. temperatures warmed up today, 85 in and tear, one of the warmer spots, 89 in fairfield, 87 in concord. temperatures up 5 to 10 degrees. these numbers really pop. these inland areas not quite as much around the bay of an increase. the low pressure is leaving and that is the mechanism or the beginning of the change that will allow the high to establish itself. remember the other did day, it was right in here. now the high will build into that area and that is why we will see a shallow inversion, shallow marine layer, fog at the polk coast, not a

but i'm glad cisco and others are speaking with you.nk you very much, arjun. >>> still on deck, why tivo shares are catching a bid this morning. >>> the company behind run, vicks,ur ht are about to hit a huge milestone we'll explain that next. stick with us. ♪ did you know you can save money by using dish soap to clean grease on more than dishes? using multiple cleaners on grease can be expensive, and sometimes ineffective. for better value, tackle grease with dawn ultra. dawn is for more than just dishes. it provides 3x more grease cleaning power per drop, which cuts through tough kitchen messes, pre-treats laundry stains, and even tackles grease build-up on car rims. tackle tough greasy messes around your home, and save money with dawn ultra. brand power. helping you better. >>> picture of new york city which states put it altogether for businesses and which ones don't? cnbc's exclusive study puts all 50 states through the test through more than 60 metrics in 10 categories. the big reveal is today at 8:30 a.m. eastern time. you really