>> yep absolutely >>> speaking of courtrooms, elizabeth holms make her first public appearance in 15onths today. live in san jose later this hour. >>> next, breaking down the twitter trade. why the stock has just fallen off a cliff this last week. >>> we're back in two. >>> welcome back to "techcheck." i'm carl quintanilla with deirdre bosa, jon fortt and julia boorstin joining us this morning. tech stocks under serious pressure nasdaq worst day since middle of march. closing brings us back to about april 1. faang complex down similarly cathie woods ark innovation down more than 4% etf worse formens, mroderna, match, nvidia breaking down the selling, hawkish comments from the treasury secretary yellen, mike, at this atlantic event did not help >> definitely didn't help. i think a little bit of a psychological overhang both about the direction of policy when it comes to the fed as well as potential for tax increases i don't think that's the immediate driver of what's going on, but it doesn't help when you have the market already a little bit in a defensive crouch. the nasdaq has been

fall from grace was spectacular so there are going to be a lot of jurors who likely heard about elizabeth holmest her it's probably not good >> reporter: in court for pretrial motions, prosecutors alleged holmes defrauded not only investors but potentially millions of patients the government wants to introduce text messages between holmes and her ex-boyfriend who's also charged like this from holmes in 2014. fundamentally we need to stop fighting fires by not creating them the defense calls the government's case a sprawling mess of irrelevant prejudicial evidence holms as well as holmes' spectacular wealth >> if a defendant is wealthy they use that evidence to show that the defendant profited off the backs of her victims >> reporter: holmes did not answer questions when she left court just a short time ago. prosecutors want to be able to block her from saying that she relied on the advice of others including balance balwani. or that silicon valley investors were able to distinguish between material information and silicon valley hype. there's also some indication now elizabeth holmes might try t

today, a glimpse of the theranos founder elizabeth holmes and how her defense is shaping up in court. >>> new york police investigating another crime against asians this time two women attacked wi a hammer. now the hate crimes task force is all involved. (vo) conventional thinking doesn't disrupt the status quo. which is why t-mobile for business uses unconventional thinking to help your business realize new possibilities. only one 5g partner offers unmatched network, support, and value-without any trade offs. are you managing your diabetes... ...using fingersticks? with the new freestyle libre 2 system, a continuous glucose monitor, you can check your glucose with a painless, one-second scan. and now with optional alarms, you can choose to be notified if you go too high or too low. and for those who qualify, the freestyle libre 2 system is now covered by medicare. ask your doctor for a prescription. you can do it without fingersticks. learn more at freestyle libre 2 dot u.s. ♪♪ did you know you can go to libertymutual.com to customizes your car insurance so you only pay for what you

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. >>> former faranos ceo elizabeth holmes made her first court appearance in 15 months.ith fraud in the rise and fall of the blood testing company, appeared in a federal court in san jose, california, yesterday. a judge weighed what evidence the jury in her criminal trial will hear. faranos shut down in 2018 after a "wall street journal" investigation exposed >>> meantime, target has an ces incentive for people to get the covid-19 vaccine. the retailer says starting this week, anyone who gets vaccinated at cvs pharmacies inside target stores will get a $5 coupon. the big box chain says it's making the offer to the general public and employees as part of its public support of vaccination efforts. now in march target said it was teaming up with cvs to help get americans vaccinated against the coronavirus. >>> and would you spend $1 million for a bottle of wine? that's how much christie's says a french wine could fetch at auction. it was one of 12 bottle that's spent more than a year in orbit aboard the international space station in 2019. researchers were exploring the pot

. >>> fairness founder elizabeth holmes set before a judge in san jose today.courtroom sketches show her mask and seated with her lawyers. today was the first of three days of arguments that will shape what evidence jurors can hear at her criminal fraud trial. homes faces charges, stemming from the failed blood testing startup she started in 2003. prosecutors say she and former coo deceived investors and patients and promised the company's blood testing technology could do more than it could. they have both pled not guilty. >>> police auditors are looking for witness accounts of last year's violent protest in san jose, following the death of george floyd. those are being invited to attend a virtual listening session this wednesday. it's being hosted by a firm investigating the san jose police department's protests. since then the city has been served with at least three's federal civil rights lawsuits. >>> the biden administration's travel ban against india now in effect, is that country deals with one of the worst covid outbreaks in the world. restrictions wil

. >>> a pregnant elizabeth holmes made her first court appearance in over a year as her lawyers prepareiled blood testing company theranos and pleaded not guilty. >>> today's weather thunderstorms and heavy rain. rain across the plains as well and sunny and warm from the desert to the pacific northwest. >>> the physical therapist going above and beyond. >> and learned how to tap dance to help his 95-year-old patient. will ganss has their story. >> reporter: fred and ginger, jennifer and patrick and this morning, a new dancing duo. ♪ shawn and dorothy. >> dorothy is my best friend, my favorite patient. >> reporter: he's a 28-year-old physical therapist and she's the 95-year-old phenom who is recovering right on tempo from a broken femur. ♪ >> instead of just doing borg glut bridges and squat, let's spruce it up. so she shows me how to shuffle ball change and i was like, okay, this is cool. >> reporter: dorothy taught tap for decades and for the first time in more than 20 years she's got a brand-new student. ♪ >> we're a very good pair because he loves to dance and i've danced all my life

. >>> new at 11:00, the trial of elizabeth holmes is delayed again. a picture of her walking into court. today a federal judge postponed her trial until august. holmes is facing a dozen felony fraud charges. if convicted, she could be sentenced to up to 20 years in prison. >>> coming up, we're celebrating asian american pacific islander heritage month. coming up a look at how diverse the community is and how it's becoming a force in the country. >>> and disaster in mexico city. an overpass collapses as a train traveling over it collapses it. >>> a man known for his dance moves and other features, he'll be on "the kelly clarkson show" admitting he wouldn't work out nearly as hard if he didn't have to be shirtless in movies so often. oh, that's so tough. tough job, right? a real funny conversation. check that out. that will be on "the kelly clarkson show" this afternoon right here at 3:00 on nbc bay area. this unplugged device is protecting our beautiful coastlines and more. put off chores and use less energy from 4 to 9 pm to help keep our state golden

a judge has ruled the lavish lifestyle of elizabeth holmes can be presented to jurors in her upcoming for alleged fraud. prosecutors say it serves as evidence she had incentive. she touted ferrer knows as a rut pollution area blood testing technology, started out valued as up to $9 billion. digital yuan will not challenge the u.s. dollar status as the international reserve currency. development of monetary and -- monetary instruments could be used for payments. they have no intention of replacing it. china is likely going to be the first major central bank to issue a digital version of its currency. new data shows an extended slowdown of the spread of covid-19 in the united states. the country recorded its first week since june with infection under 30,000. the cdc warned, however, that under vaccinated areas could become hotspots for the mutation first detected in india and says it is increasing surveillance. malaysia said it will begin enforcing stricter curfews this week to contain a surge in covid cases without forcing a nationwide lockdown. the country's defense minister says star

judge ruled on more than 20 motions this weekend in the upcoming trial of former theranos ceo elizabeth holmeshnology could run dozens of blood tests with a single drop of blood. the "wall street journal" reports among the rulings is one that will allow jurors to hear about holmes' extravagant lifestyle. however, he won't let them hear about specific brands of clothing, hotels or other specific items she used. holmes pleaded not guilty. the trial is expected to begin in august. >>> another dead whale washes up on a bay area beach. the 47-foot long gray whale was found floating near the surf line at pacifica state beach on friday. the marine mammal center says the animal was too decomposed to perform a necropsy. this is the 12th whale death reported in the bay area this year. the national oceanic and atmospheric administration has begun investigating the unusual number of whale deaths on the west coast since 2019. >>> this asian pacific american heritage month abc7 is celebrating the legacy of chinese americans in california. they built the railroads and vibrant chinatowns, but their labor also

and elizabeth holmes wants a written questionnaire in her fraud trial.attorneys calling inflammatory media coverage. they found 3,700 instances of negative personal articles, brian. >> wow yeah we will see how wide spread that is the trial is widely watched. especially some of the talk about the spending and the private jets and living at the four seasons bertha coombs, thank you very much >>> by the way, if you haven't, read the book "bad blood" if you want to know more about theranos >>> let's now bringing in eamon javers tracking two very different developing stories right now. first the president wants to raise government spending to unprecedented levels and we also have microsoft, right now, fighting off a hack attack let's start with the first story. eamon, welcome in. biden's proposal of spending to support the social safety net. what does he want from the next budget >> reporter: he wants a lot of money from the budget. ylan mui has the details from what the president will reveal later today. we get the details from the government officials throu

. >>> update on elizabeth holmes.s will be able to hear from doctors who used her tests and from patients who say they got faulty blood test results. the decision by a judge this weekend will help shape her criminal fraud trial. holmes faces charges stemming from failed blood testing start up launched in 2003. prosecutors say holmes deceived investors and patients. she's pleaded not guilty. >>> kpix5 is taking a closer look at crime and punishment in san francisco. in our half hour special, we looked at data from sfpd that shows burglaries jumped more than 62% from mid march last year when the pandemic started until the end of last year. some of the biggest spikes happened in some of the wealthier neighborhoods. >> some people live there for decades and never felt that way and now we are feeling scared. >> ten years of data submitted to fbi shows a gradual increase in rate of property crime in san francisco. the biggest spike happened in 2013, not last year. not only that, but the rate of violent crime in the city ove

. >>> an update on elizabeth holmes.doctors who her tests and from patients who say they got faulty blood test results. decision concluded by a judge this weekend will help shape her criminal fraud trial. holmes faces charges stemming from the failed blood testing start up she launched in 2003. prosecutors say holmes deceived investors and patients and she has pled not guilty. >>> cases at the lowest in nearly a year thanks to effectiveness of vaccines. seven day average for new cases in u.s. is less than 30,000, about a tenth of what it was in january. now cdc is investigating rare cases of heart inflammation among vaccinated teens and young adults. health officials say not to worry too much. >> these are complications that were not totally unexpected but are very, very rare and manageable. i can't emphasize it enough. the virus can be deadly. >> the health agency has not found more cases than are expected in the general population and still encourages everyone 12 and older to get vaccinated. >>> cdc says complications

. >>> a federal judge ruled on 20 motions in the upcoming trial of elizabeth holmes who is accused ofsely claiming there was technology that could rent dozens of test with a single drop of blood. the judge will not let them hear about hotels or other personal items she used and she is pleaded not guilty and the trial has been pushed back to august because she expected to have a baby in july >>> closing arguments are expected to start today. fortnite brought a lawsuit against apple. epic claims that apple has created a virtual anomaly with its apple store. epic says they kick them off the app store for bypassing the apple system. >>> the highest gas prices in the whole country are here in the bay area. it is at $4.23 a gallon. nationwide regular gas jumped a fence in the last two weeks caused by the supply distribution problem on the colonial pipeline following a cyber attack. analyzing corn prices which is a key ingredient in ethanol gas and the price of the pump is $1.05 higher than last year and the lowest price is in houston, texas at $2.53. >>> struggling with the edd agency . >>

. >>> update now on elizabeth holmes the founder of [inaudible] made her first court appearance. courtroom sketches show holmes masked and seated with her lawyers. yesterday marked the first of three days of arguments that will shape what evidence jurors can hear in her criminal fraud trial. holmes faced charges stemming the failed blood testing start up she launched in 2003. prosecutors say she and a former coo dereceived investors and patients by promising the company's blood testing technology could do more than it could. >>> still ahead, a freak accident at an east bay gas station. how a dog caused this deadly crash. >>> all right. we are looking at sunshine this afternoon. warming up inland in to the mid to upper 08's. even the low 90's. a bit cooler by the water along the coast and around the bay as that on shore flow slowly starts to kick in for us. . >>> and it's already busy ride for those taking the pass. super commuter its heavy travel take another look outside before we head to break from our sales force tower camera as we look down south down the peninsula there. it'

. >>> happening today, a court hearing in san jose for elizabeth holmes, the standford dropout accusedf leading investors to her now failed blood-testing start-up. holmes and her command face multiple fraud conspiracy charges stemming from allegations they engaged in a multi-million dollar scheme to defraud investors, doctors and patients. prosecutors say holmes claimed the theranos technology required just a few drops of blood to test for several diseases at a fraction of the cost. both have pleaded not guilty. >>> bill and melinda gates are ending their marriage after 27 years and no one can mind their own business. they made the announcement on social media writing we no longer believe we can grow together as a couple in the next phase of our lives. they met in 1987 at microsoft, a company bill co-founded in the '70s. he is worth $130 billion. the company has given away nearly $55 billion since creating the foundation in 2000 . it is considered the most influential private foundation in the world. court records show the couple did not have a prenup but they agreed to split everythin

a ruling in the case against theranos' founder elizabeth holmes holmes faces multiple counts of mailtesting technology she pleaded not guilty and faces trial in august. the trial date was pushed back because she is due to give birth in july. a case a lot of folks in silicon valley are focused on. >>> another event, skjoe, that s fantastic, that a lot of folks will be paying attention to in silicon valley and maybe bidding on >> about time we have the first nft. launching it today for two causes ten years ago, today, cnbc lost a friend when mark haines died he is remembered for a lot of things certainly for the haines bottom when he called the low on march 10th, 2009 >> i think we're at a bottom i really do. >> in honor of mark, we are auctioning off the nft of the famous call of 2009. also selling a set amount of tokens for anyone who doesn't want to participate in the auction. it is online at mintable.app/cnbc. it goes live at 9:00 eastern and ends at 10:30 wednesday morning. all proceeds go to autism speaks, a favorite charity of mark and financial literacy. go to mintable.app/cnbc

.>>> elizabeth holmes affair appeared in federal court for the first time in more than a year. she attended a hearing where her lawyers and prosecutors arguments over what evidence jurors can hear at her approaching criminal fraud and conspiracy trial. she is accused of misleading investors about her now sailed blood testing startup. she has pleaded not guilty. trial is set to begin in august. she is pregnant and due >>> vaccine side effects. swollen glands that lead women to put off an important test. >>> virtual living. you have heard of and fts. they are being used for housing. the modern twist for homebuying and a close call. little girl inches away from a shark. this is video you have got to see. see. >>> gusty winds are someday, looking back on the pandemic, you'll want to be proud to say i did everything i could. i found the strength. i looked out for everyone. i did what i could to keep my family safe. i will say, i did my part. while covid-19 is in the air, please, protect yourself and others. wear a mask, keep your distance, and get vaccinated when it's your turn. san

. >>> new developments a federal judge in san jose rules on and the upcoming trl elizabeth holmes accusedng technology could run dozens of tests with a single drop of blood. reporting among the rulings is one that will allow jurors to hear about holmes extravagant life style but will not allow specifics about brands of clothing or other personal items she used. holmes has pleaded not guilty and pushed back to august because holmes is expecting to have a baby in july. >>> closing arguments are expected to start today in the lawsuit fort nite epic games has made against apple. the judges will drill lawyers on both sides over the claim of a virtual monopoly with apple's app store. apple kicked fort nite for bypassing the payment system. apple ceo tim cook took the stand last week. >>> still ahead cable car disaster. the tragedy under investigation this morning. >>> and right now you're taking a live look at the big board of the new york stock exchange up right now about 130 points. another update next. >>> struggling with the state's edd agency. the problem more than 200 people contacted us

pd completely by dat by volunteerse in san jose says jurors in the trial of elizabeth holmes will bee to hear evidence of her lavish lifestyle. this includes air salary and where and how often she traveled. the judge made the ruling as he prepares for the criminal trial of the founder of the failed biotech company, theranos. holmes is charged with fraud and felony conspiracy for allegedly misleading investors and health care professionals about her company's blood testing technology. her trial is set to begin and in august overseas in italy, and investigation is now underway after at least 14 people were killed when a mountaintop cable car plunged to the ground. this happened early yesterday morning in the alps right near the summit of a peak. one child was killed and another was seriously hurt and is the only. officials say a cae broke dropping the car about 50 ft until they hit a pylon and then fell to the ground. the car flipped several times before hitting some trees. the cable car line is very popular with both tourists and locals as it does overlook lakes in the surrounding alp

happening today, a court hearing in san jose for elizabeth holmes.he is a stanford dropout, accused of misleading investors about her now failed blood testing startup she and her second-in-command are facing multiple fraud and conspiracy charges, which stem from allegations that they engaged in a multimillion dollar scheme to defraud investors, doctors, and patients. prosecutors say holmes claimed the technology required a few drops of blood to test for several diseases at a fraction of the cost. both have pleaded not guilty. >>> bill and melinda gates are ending their marria afte27ar they certaly a lot of announcemn wegrow together as a couple in this next phase of our lives. they met in 1987 at microsoft. the company bill cofounded in the 70s. he is now worth nearly $130 billion. the couple has given away nearly $55 billion, since creating their foundation in 2000. is considered the most influential private foundation on the world. court records show, the couple did not have a prenup. >>> google is playing ball with the nba. wnba, i should say. thi

the judge said he is skeptical about letting a jury hear about under elizabeth holmes luxurious lifestyle. prosecutors plan to introduce evidence of her wealth and spending. they say her high compensation was a direct result of the alleged fraud and helped explain why she did what she did. however, her defense argues, it's irrelevant to the case. the judge will make a decision later. homes is accused of falsely claiming their nose could run blocking dozens of blood test with a single drop of blood. >>> popular san francisco restaurant is getting rid of tips. they are reporting the zuni cafe will no longer be accepting customer tips, and instead, will be adding a mandatory 20% service charge. that money would go toward higher wages and increased taxes. this is an effort by the owner to ensure that front of house and back of house workers are getting paid fairly. the new tip remodel starts when the cafe reopens for interlining in a few weeks. >>> since the start of the pandemic, sonoma county has really become a hotspot for bay area real estate. real estate and analysis by our data journali

the lavish lifestyle of elizabeth holmes can be presented to jaros -- jurors in her upcoming trial.ped revolutionary blood testing requiring minimal blood samples, and the start up was up to $9 billion before it unravels. global -- global news, 24 hours a day on air and on bloomberg quicktake powered by more than 2700 journalists and analysts in more than 120 countries. i am vonnie quinn. this is bloomberg. >> still ahead, assessing the outlook for bad debts manager with the current head of aipac. coming up next, the latest on the covert outbreak in taiwan and the impact is having on the chip industry. this is bloomberg. ♪ ♪ ♪ >> the coronavirus outbreak in taiwan is sharply in focus as new infections threaten and could squeeze already squeezed global chip suppliers. joining us now is debbie ruth. what is going on when it comes to the vaccine situation, supply of vaccine, and how that is threatening to potentially even worsen chip supply? >> partly, it is the lack of vaccines available in taiwan, only about 1% with vaccinated so far, and the government is still waiting for companies

. >>> new development in the trial of elizabeth holmes.ts. >>> california has stopped forward progression of the fire burning in the preserve near sanford avenue. no homes are threatened and there are no evacuations. >>> as we look at the roadways, a slow ride west bound 580. there is a crash around isabel at the 84 connector. we have brake lights plus usual stuff as you come out of the altamont pass. give yourself extra time, an hour from 205 towards 680. brake lights west bound, east shore freeway, couple emmy crashes still in the clearing stages. sluggish near burkely. if you are headed out of the north bay, south bound 101 before petaluma boulevard north there is a crash over to the shoulder. >>> it's a gray start with marine clouds. you can see that cloud action and fog this morning. through the afternoon, we'll catch clearing especially inland and around the bay with partly sunny skies along the coast. it's going to be a warmer day. mid to upper 60s to about 70 around the bay and mid to why o-cedar ? because when i get home, we like