google, being google, tests everyone and they found out they want to see it. they give a certain percentage palu do this regularly. they might still be doing it. sometimes you go to the google search engine landsea no adds. it's because you are part of the test. every time you use google come actually i found you are part of a test which blew my mind, right? we can talk about it a little later. but in this case people search more when there are ads, therefore they are happier than when the ads and the reason why they are so successful is that even though it's an option system, the highest bidder doesn't win. the bid is modulated by how useful the ad is and how much people so they build the add quality into the system to make it useful to the advertiser and that is an ideal that they managed to meet that was a great triumph. >> it seems like in one point in the but you ought to talk about google as a sort of token where it's not just the advertiser and google. it's the person who was seeing the ads which in many ways this is kind of different from the way peopl

google, being google, tests everyone and they found out they want to see it. they give a certain percentage palu do this regularly. they might still be doing it. sometimes you go to the google search engine landsea no adds. it's because you are part of the test. every time you use google come actually i found you are part of a test which blew my mind, right? we can talk about it a little later. but in this case people search more when there are ads, therefore they are happier than when the ads and the reason why they are so successful is that even though it's an option system, the highest bidder doesn't win. the bid is modulated by how useful the ad is and how much people so they build the add quality into the system to make it useful to the advertiser and that is an ideal that they managed to meet that was a great triumph. >> it seems like in one point in the but you ought to talk about google as a sort of token where it's not just the advertiser and google. it's the person who was seeing the ads which in many ways this is kind of different from the way peopl

google, being google, tests everyone and they found out they want to see it. they give a certain percentage palu do this regularly. they might still be doing it. sometimes you go to the google search engine landsea no adds. it's because you are part of the test. every time you use google come actually i found you are part of a test which blew my mind, right? we can talk about it a little later. but in this case people search more when there are ads, therefore they are happier than when the ads and the reason why they are so successful is that even though it's an option system, the highest bidder doesn't win. the bid is modulated by how useful the ad is and how much people so they build the add quality into the system to make it useful to the advertiser and that is an ideal that they managed to meet that was a great triumph. >> it seems like in one point in the but you ought to talk about google as a sort of token where it's not just the advertiser and google. it's the person who was seeing the ads which in many ways this is kind of different from the way peopl

the people that put the google in google see those long lines outside the apple store for the new iphonet a piece of the action. what's google doing in the phone business? >> we're in the phone bususess, and i'd like to say that we're in the portable internet state. >> reporter: this is one of the heads of google's android unit. android is google's answer to the iphone. and our cameras were the first to be allowed inside android headquarters, where every version of the google phone made worldwide is proudly on display. >> so, this is the nexus s. the latest and greatest, at this point in time, android device. i'm excited about this device, yes. >> reporter: can i touch your phone? >> you can touch my phone any time. >> reporter: it's no joke to google. they may differ with their neighbors from apple on some things, but on this, they agree. >> note to self. brush teeth before abc interview. >> reporter: the future is mobile. does google have to be in mobile? is it do or die? >> it's cheap computing power. it's portable. it's personal. it comes very natural that for many markets, they want

if you have a phone with google search built in, google maim built in. >> going after google customers take over -- is that good for -- that's good for google, but is that good for susan? >> it will be good for susan, because by disrupting the business model, everyone else has to respond to paying less. google doesn't like systems -- >> i'm a little bit of a cynic. where's it going to get me? there's got to be a bust. >> if the only place you'll be able to go to get information and content in the world is a google screen. they wantç -- a monopoly of information market, net neutrality, that's your end game. right? >> the -- if you're worried about a lot of information about you in one place, then this is going to accelerate that, because google has a lot of information. they want your phone also to be your wallet. literally they feel you're not going to carry around a wallet, all your credit cards and everything in the phone. you walk in, won't have to swipe it. they'll know you're there. buy something, walk out with it. they'll be chips in the clothes you wear and you just walk out an

new google phones should be coming out in the future. google wants motorola mobility's patents. mostly cell phone communication related. google needs those patents. larry page said this about the by out. it will increase competition. and you got to remember they make boxes for tvs, cable boxes and google wants web connected tv. through these boxes they will get google tv into living rooms. one possible down size, this could alienate their other partners. they might see google as a threat now if they own motor ola, why work with them. so this could be bad for samsung fans. game s, kron 4 -- gabe slate, kron 4 news. >>> in world news, london police arrested nearly 1600 people over the violence, disorder and luting from the riots that broke out. police say this is footage of the attempted murder of two police police officers as they chase luters from stores. both officers are recovering. it follows the killing of a man in london. >> it is believed al-qaeda forces are behind attacks in iraq today. the bombs hit 17 cities. there were reports of suicide bombers. 63 people were killed.

under eric schmidt's tenure as ceo the company launched google news, google maps, google earth, and acquireduse. instead. gee mail and google chrome and this year google plus. what is to come? in earlier decades google made its of a global brand like coca-cola and general electric. it created more wealth faster than any other company in history. it has become a bird. google is where we go for answers. tonight and tomorrow in these question and answer sessions and answers are what eric schmidt is going to give us about what google's intentions are for its partnership with our industry and its plans for original content. eric schmidt once said i don't believe society understands what happens when everything is available and recorded by everyone all time. tonight's speech is being strained live on youtube. it will be red and viewed by many more people than are in this theater and it will be stored on servers and databases around the world for long, long time to come. i am very pleased to introduce tonight's lecturer, executive chairman of google, the one and only eric schmidt. [applause] >> tha

that google plus google understands that google plus users want the freedom to use their own names on social media networks. and what are you planning on doing with this site i mean do you think that you might actually convince google not to do it because their numbers are still skyrocketing people are joining and rose oh what's particularly interesting about what google is doing right now is that google plus as i say is not yet open to everyone they're still in what they call an open beta where they are inviting limited numbers of people to come to the site and are actively soliciting our opinions about what the site should look like and in that interest the people who disagree with google plus's real name policy want to let google know this is not how their shapes should go forward when when it finally launches all right so now it's got to really you know what you think is at the core of this debate i read that quote from randi zuckerberg where she thinks that people might hide behind their identities if they have the possibility of anonymity but is that necessarily always a bad thi

at $12.5 billion, it's google's biggest buyout. m-m-i popped more than 50%, closing less than $2 shy of the buyout price. this stock was spun out of motorola last fall. meantime, the buyer, google, saw its share price weaken a little, falling about 1%. volume was almost twice its usual pace. the deal shakes up the wireless industry, and today's market action shows that. nokia jumped more than 17%. it has had a tough time competing against smart phones. research in motion was up more than 10%. it's blackberry business has been under pressure, thanks to the iphone. apple stock was up almost 2%. as darren also mentioned in his report, the deal is about patents as it is about anything else. one patent company, inter- digital, was hit hard. inter-digital shares fell more than 14%. volume was up seven fold. the share price jumped in july when it announced it was exploring strategic alternatives, and the market was anticipating a buyout. despite today's sell-off, the stock remains well above where it was trading before that announcement.

>> susie: google brings the bulls back to wall street. its $12.5 billion bid for cell phone maker motorola mobility sparks a triple-digit rally. >> tom: from the markets to main street-- all this week, we're looking at solutions to fix the struggling economy. tonight, we begin in europe. >> they have to let greece go. they have to let it leave the euro. they have to let it restructure, which is basically a nice way of saying default. >> tom: a look at what europe can do to get the global economy back on track. it's "nightly business report" for monday, august 15. this is "nightly business report" with susie gharib and tom hudson. "nightly business report" is made possible by: this program is made possible by contributions to your pbs station from viewers like you. thank you. captioning sponsored by wpbt >> susie: good evening, everyone. a big stock market rally today, making it three days in a row. after a tumultuous week of selling, investors swooped in to buy stocks today, thanks to a batch of mergers and other deals. tom, traders here

and google has been trying to bring internet into the living room with google tv. however, that has fallen flat. >> and what kind of a challenge will it be for google to absorb motorola? >> quite a shock for 19,000 employees not used to working for a larger company. there are 29,000 people at google. this is because of a different environment. >> and coalition of california nonprofits is asking amazon.com customers to cancel accounts if the retailer continues to fight the so called amazon tax. the recently passed law requires online retailers for any online purchases made by california. this could generate $200 million in new revenue for the state. >> be fair. to our businesses and services that need the revenue. and to everyone playing by the rules. amazon, you can play by the rule, too. >> and the group announced a web campaign intended to explain how customers can close accounts. amazon did not comment on the call for the boycott. the company claimed it zbt have to collect taxes because it's dropped all california-base add fill yits requiring to it do so. >> and

under eric schmidt's tenure of ceo, the company launched google news, google maps, google earth, google docs, it's acquired youtube, established gmail, and launched google chrome and this year google plus. and what's to come? google as made it's a global brand, bigger than coca-cola and it has created itself as a verb. google is where we go for answers, and tonight and tomorrow in the questions and answers, answers are what eric schmidt is going to give us. answers about what google's intention are for its partnership for our industry and it's plan for original content. eric schmidt once said, i don't believe society understands what happens when everything is available, knowable, and recorded by everyone all the time. tonight's speech is also being streamed live on youtube. it will be read, listened to, and viewed by many, many, more people than are in the theater. and it will be stored on servers and databases around the world for a long, long time to come. i'm very pleased to introduce tonight's lecturer, the executive chairman of the google, the one and only, eric schmidt. [applause

it is a significant moment because google has not been able to get google tv to take off its own real entry into the living room. by acquiring motorola mobility it has instant access to living rooms all over the u.s. whether they're come cast, whether it's charter. any of the other major cable operators. it has some way in. in my own house today i just picked up a cable modem with the highest level of potential. my first... the only option that i was actually offered when i went to amazon was a motorola broadband modem. they are already there. what they do to take advantage of that is the next question. can they put... can they make that set-top box an entree not only into the living room but actually into partnership s with the cable operators. >> brown: that means this is sort of part of a much larger tech war among a number of companies, right? google, apple, microsoft, others. where are we now in that struggle? >> well, it absolutely is a struggle for people's digital lives. more and more consumers today own multiple keking devices not just a smart phone, not just a tablet but p.c

under eric smith's tenure as ceo, the company launched google news, the local maps, " earth, --google earth. what is to come? and barely a decade it has made itself of global free and between coca-cola and general electric. it has created more for a faster than any company in history. and has become a verb. eric schmidt says i do not believe society is what is happening when everything is recorded by everyone all the time. tonight's speech is also being strained live on you too. it will be read, listened to, and you'd by many more people than are and this theater and stored on servers and data bases around the world for a long time to come i am very pleased to introduce tonight's lecture work, paek executive chairman of google, the one and only eric schmidt. [applause] >> thank you. is my microphone on? can you all hear me? yes? hyperioi. thank you. thank you all for coming, all of you. i wanted to start by saying it is great to be in scotland. many people do not know how strong the initiatives are in computer science. there are a number of companies that i am personally invested in,

but earlier this year he handed back the google reins to google founder larry page. >> as you can see from the june results larry is going to be an excellent ceo. he's very focused, disciplined, sits in the office all day to get our products to work as freely as possible. this is going to free me up to work on government policies, global issues and frankly i can travel more than he can. >> reporter: google has tried so many different things. is failure something that going sl not afraid of? >> i should hope we're not afraid of. if you only have winners, then you're obviously not trying hard enough. almost everything has been very successful and we relatively quickly clean up the things which don't work out because we need to take the resources and put them on something else. it's part of our innovation culture. >> reporter: is it something important for other ceos twhachg interview to pay attention to? >> it's easy in google's case bus we don't have the capital outlay that traditional people do. we can try something and if it doesn't work, we haven't spent a billion dollars and have a

. >> google announces its biggest bet. what's in it for the company and what it means for consumers. >>> warren buffett says tax the mega rich. just how much of a difference would that make? we'll crunch the numbers. let's go straight to the market action in europe now where stock exchanges have been open just over an hour. here's how they're performing so far today. we're seeing a selloff, in fact a considerable selloff throwing away the gains that we saw in monday's session. certainly in terms of the dax and the can you remember ant. i'm not sure if the numbers are correct. certainly the london ftse off. three quarters of a percent. the ami off by two thirds. not hit as hard. there's good reason for that. we'll come into that in a moment. it's a picture of slowing growth, andrew. more in a moment. >> absolutely. that slowing growth picture in europe playing out in the markets here in asia, charles. the ones which were over in the gdp numbers. let's look at how asia finished. nikkei it 225. finishing up by a quarter of on

tv google has been pushing their google tv into our living rooms.o perhaps through the set top boxes they will finally get google tv into living rooms. one downside this could alienate their other partners like samsung and h t c that are making google android phones. they could see google as a threat now if they own motorola and are making their own headset's why work with them? this could be bad for samsung fans at down the road, there could be no samsung tablets or phones. ♪ it was the best day woohoo! yes! ♪ it was the best day ♪ it was the best day yeah! ♪ it was the best day ♪ because of you [echoing] we make a great pair. huh? progressive and the great outdoors. we make a great pair. right, totally. uh... that's what i was thinking. hmm. covering the things that make the outdoors great. now that's progressive. call or click today. man: we need a good night's sleep. woman: which means a little heat to keep us warm. and a good dose of support for my back. some over-the-top comfort couldn't hurt. and our perfect dream factory's been built. you're

. >>> google is buying motorola for $12.5. allie rasmus has more on what this could mean for customers and the market. >> reporter: this acquisition may be as big of a deal for apple as it is for google. the two companies could soon become direct competitors. on the iphone for example, apple controls and designs the hardware, the phone itself and the software, the operating system that makes the phone run. >> it's a good deal in the sense that apple is a strong competitor. i think apple has to look over its shoulder. google is a big company, a juggernaut and it's right on the heels. >> reporter: ld, samsung, manufacture the phones that use android. >> they look almost identical. >> reporter: google says it will still offer android on nonmotorola phones. >> we expect no -- there's no changes in how we're running android. >> reporter: but some say it's just a matter of time before some start working on that. >> i think they are gonna have to show apple users why it would be worth switching over. apple has done such a great job.

week it agreed to buy motorola mobility, which runs on googles android system, the chief competitor to the iphone. here's more on the smartphone wars. >> at some point in the last few years, a phone stopped being just a phone. if you believe the hype, getting an iphone,. >> alan: detroit phone, or a windows phone, can be a life changing experience. >> what's goggle doing in the phone business? >> i'd like to see we're in the portable internet business. >> android is google's answer to the iphone, and our ca as were the first to be allowed inside the apple headquarters in silicon valley. for years the iphone dominated, but google grew and grew, and by the beginning of this year, took over the top spot. the stakes are extremely high because the phone and all the information it provides, not too you but about you, are the future of commerce. >> this is a major battlegrounds for the future of come come computing. >> by putting android on as many mobile phones as possible, google is taking a page from windows which dominated apple by getting on many different computers, while apple stuck

is making us does google is making us do you think this is necessarily a negative thing. we don't know yet. research but i have to show we're using google in the same way that we always use other external memory systems like other people so we've always allowed other people to be responsible for certain types of information and we're just the internet is just a much more pervasive and ubiquitous. poured all through other people and so we're allowing more memories to be stored externally from ourselves and we're getting really sophisticated at knowing where to find things so knowing what. was storing what seems to be the essential thing in today's age i mean if it's making us i don't know you know i don't know if people's grand store of memory is any less but i suspect is that people are becoming more specialized what they remember are we just you know i guess you could say becoming reliant on certain forms of technology and you know could this be seen as an evolution of sorts mike masnick cover tech very kind of describe it or compare it to the fact that now we have talke

. >>> google promised fast and so far seems the company has delivered. the bay area winner from a contest promising unprecedented downloads. >>> if it seems like the fog didn't quite burn off as much as usual this summer, you're right. signs the summer soup has opinion a hill too much this year. >> for many who lived there. 70 murders in oakland already this year. neighbors are finding some way to end the violence. tonight, they deposit a clear message from someone who has lived the life. >> make a phone call. call somebody you know that's alive. >> reporter: while the emotional energy and spirit may be high, there is much pain among those here for this silence the violence rally. >> my mom was killed when i was one years old. >> reporter: she is 19 years old and she hopes telling her story will help to end the cycle of violence in oakland. >> she was shot in the head while pregnant with my little brother. it affects me to this day. >> reporter: organizers hope by bringing people together from different parts of the community and having them talk that co

that's a thousand times slower than google fiber.e promises to share what it learns with the world as users do things with fiber that we can't begin to imagine today. cbs 5. >>> a lesson ahead of the storm. what new york learned from this week's earthquake and the concern it brings for hurricane irene. >> blame it on the fog. what a bay area bridge that needs that cannot be done when it's so damp. [ female announcer ] at the jcpenney as big as it gets sale, find 50% off all arizona tops and bottoms for back to school! check out our biggest 4 hour steals this saturday! save 50% on flannels for guys, jeans for kids, tops & bottoms for juniors, plus schoolbags, too! the savings get even bigger with jcp cash! earn $10 off when you spend just 25! no exclusions! unlike other stores, we don't make you come back to save! go to jcp.com to see everything on sale. we make back to school style affordable. you make it yours. jcpenney. preparing for an uninvited weekend guest. >>> from the carolinas to maine, east coast residents are preparing for

he launched a site "google, please hire me." >> really it was born out of frustration. at 9% unemployment it is really hard to stand out. >> reporter: we showed the video to con salo alvarez, a job counsellor, who has counselled hundreds of people. he said if companies don't get it efforts like this could backfire. >> we here don't recommend anybody doing that. the idea hasn't come up. we haven't thought of getting our job seekers to do anything like that. so, therefore, i don't think you need to do something like that. >> but i can assure you of one thing, google. i'm a real marketer. >> reporter: with 135,000 views on youtube and counting not only did he get a phone interview with google but with amazon and microsoft as well. >> i didn't intend to show it to the world, i intended to show it to google, the world ended up seeing it. but i believe my chances are good. i believe in what i can do. what i am asking you for is one phone call. >> kiet do, cbs 5. >>> this is definitely not kid's play. after kids got in a fight an adult grabbed an automatic weapon and opened fi

that's a thousand times slower than google fiber.omises to share what it learns with the world as users do things with fiber that we can't begin to imagine today. cbs 5. >>> a lesson ahead of the storm. what new york learned from this week's earthquake and the concern it brings for hurricane irene. >> blame it on the fog. what a bay area bridge that needs that cannot be done when ,,,,,,,,,,,,,,,,,, preparing for an uninvited weekend guest. >>> from the carolinas to maine, east coast residents are preparing for an uninvited guest this weekend. hurricane irene battered the bahamas today and has her sights set on a saturday land fall here in the u.s. many residents have already begun a coastal areas. but for those who stay, what happens if the cellular networks go down? chip reid on whether we will all stay connected when that storm hits. >> when a 5.8 magnitude earthquake rocked the east coast earlier this week, so many people grabbed their cell phones to call family and friends that networks quickly became overloaded. the situation be

>> big mergers and acquisitions taking place, none bigger than google. the irvine motorola for 12.5 billion in cash. for more on the story, gabe slate. that >> is so much money. >> 12.5 billion in cash. a global stock is down close to 3% on the news. cochran >> that is huge. a big deal for motorola. she is a great persian. obviously the battle against apple, the couple makes a software and hardware for the eyes fun. they control is completely. they can create a phone that they want. google comes out with some good phone. >> motorola is headquartered in illinois. more than likely they will keep the motorola name comedies think? >> within kinnell, and delays motorola. would that make sense sun and athtc is a threat? whorf >> but if itunes is not a big deal, hands down go with an android. it is a better operating system and a lot of ways. if you are dependent on i tins, the call iphone makes more sense. record >> i'm sure dave will have more coming up this afternoon. let's get caught up on what is happening with whether and traffic. james fletcher, a lot mo

and as far as google goes, this is not just google getting into hardware, there are a lot of falloutom a deal like this. by getting into hardware, with its android system, google does risk losing some of its android partners like samsung and hvc. they may be forced to look elsewhere and that is giving microsoft a boost because microsoft windows mobile may have greater exposure against android and apple ios. and black berry maker are research in motion is watching its shares jump today because of its value of its patent technology. google buying motorola also because of the patent technology which is protected in future lawsuits. >>> and let's take a look at the stock market. the dow is up 177 points. nasdaq is gaining 35. the s&p is up by 21. >> are we really where we were last monday, before we started doing all of this stuff? >> yes, as far as the dow is concerned, we're about two points above that, we were down about 175 in the week last week, and now we're just a couple of points above. we have to mention that the presidents of french and germany meet tomorrow and any bomb shells

google did1: something similar, right? >> google has a flutrends.y search for medicine, flu treatments. so google does something similar. they can plot the rate of flu over time that core lates with government statistics. >> and in real-time. >> google is real-time too, i guess. i guess the key difference in google or any search engine you type a word into a box. on twitter people tell stories about their lives.cc1: >> i don't need to search for -- to me it's not -- >> you're looking for information on google. on twitter, you're sharing information. >> how representative, though, is twitter of the general population? you know, i think when you really look at it, i looked at some figures. there's 66 million active users. they will skew young. how do you factor that in? >> you know, that's a really important question. that's a challenge. we want this to be as representative as possible. and that's really hard to get on the internet. so twitter is pretty good because there are so many users. the popularity is increasing. it used to be dominated by youn

google plus is officially announce that as of tomorrow they are suspending the accounts of all users to review their full legal name and i for one think this is a great opportunity for people to reconnect i have an old friend we lost touch back in the mid ninety's after i said some things and she changed her name turned off her phone and moved in the dead of night now she doesn't have a my space facebook twitter tumblr blogger adult friend finder account but eventually google plus replace these things she'll feel the need for social networking and i'll have her address in fifteen minutes now i just want closure google plus she showed us that it's important to be open and honest and not hide behind things like new so security numbers or restraining orders so if you're trying to make some of fall back in love with you or just silence a tattle tale the plus is finally on your side so think you google for finally looking for all the other misunderstood ex-boyfriend's between this industry few maps you're better than a crooked locksmith that reuniting people whether they want to or not. s

for years the iphone dominated google-powered phones.but google grew and grew and by the beginning of this year took over the top spot. the stakes are extremely high because the phone and all the information it provides, not to you but about you, are the future of commerce. >> this is a major battleground for the future of computing. because location gives you a lot of information of where you are and what you're doing. >> reporter: by putting android on as many different kinds of mobile phones as possible, google is taking a page from microsoft's windows back in the '90s which dominated apple by getting on many different computers. while apple back then, just like the iphone today, stuck with its own system run only by its own device. >> google's not stupid to want to be on as many devices and choices as possible. >> reporter: to give you some perspective on how important getting android right is to google, consider this. it is essentially given away free to mobile phone makers to get it out there and bring googleo your pocket. >>>>all

what is google doing in the phone business? >> i would like to say that we are in the portable internet business. >> reporter: it's the e swer to the iphone. our cameras were the first to be allowed inside android's headquarters. for years it dominated. but google grew and grew. by the beginning of this year, took over the top spot. the stakes are extremely high. because the phone and all of the information that it provides not to you but about you have the future o ocommerce. >> this is major battleground for r e future of computing. because location gives you a lot of information of where you are and what you're doing. >> reporter: by putting android on as many different phones as possible, google is taking a page from microsoft's windows back in the '09s, which dominated appleby getting on many different computers, when apple back then, just like iphone today, stuck with its own system, run only by its own device. >> google isn't stupid to be on many different choices. >> reporter: how important is android right to google, i

s&p says google's decision to buy motorola is risky. the $12.5 billion includes 17,000 patents that could help google defend itself against rivals. but s&p says it would ultimately hurt google's bottom line. not all analysts are on the same page though. >> i can tell you over the long-term google has a history of increasing earnings, and stock prices tend to go up if earnings go up. >> as of today, 33 analysts rate the mountain view company as a strong or strong -- as a buy or strong buy. it is a little more than $18 a share, about 3%. >>> bay area home sales took a big hit last month. the real estate tracking firm says sales dropped nearly 14% from june to july with just under 7,000 houses and condos changing hands in that period of time. analysts say the decline from june to july is normal, but the numbers were down more than usual due to the uncertainty in the economy. it should be noted that home sales were 2% higher last month over july of 2010. data quick says the median home price in the bay area is now $374,000. >>> four of the

but google splashed out billions on the company. they hope that the patented portfolio can help protect against increasing scrutiny from anti-trust authorities. on the official blog, the chief executive says that this move will enable them to better protect android from other companies. they're also betting that this acquisition will strengthen the position in the smart phone and have led computer sector with control over hardware as well as software. >> a major takeover bid, and this is where the markets impressed. we have this report on today's action in frankfurt. >> this is good news that google is taking over motorola, but the recent market disruptions have cost a slump of activity. in the first two quarters of this year, there was an increase in mergers and acquisitions that now we are reporting a steep decline of business. that is why the news about the takeover of motorola mobility has caused some stock prices to rise but the broader market was not that impressed. >> let's take a look at the market numbers and we began in fr

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. >>> google acquisition went big on wall street. motorola shot up to 56% of the value. google dropped some, 6.50 or a little more than 1%. that is typical after this deal. overall markets were looking for something to tell sel briat. dow climbed 200 points and back where above where it started after last week. >> a lot more to bring us. state panel approved political boundaries and some say its failed effort. also the head of the state public utilities commission is an overseas junket and raising questions about the puc's cozy relationships. >> a grassroots campaign to get you to close your amazon account but it will be tough for californians looking for online bargains. >> clear this morning but fog visiting us tonight. i'll let you know how it will factor in your tuesday forecast in just a few minutes. >> also tonight, we're happy to report significant striets report significant striets strides [ man ] i got this new citi thankyou card and started earning loads of points. you got a weather balloon with points? yes i did. [ man ] p