companies can't really do it and instead, they try to aim to be absorbed by facebook, amazon, google, applethey all argued these unicorns, these are private companies that in the past would have gone public routinely and are now in the offices of the big companies. and as a result, there has been a steady shrinkage of the stock market there is only half as many shares and half as many public companies. 90% is up in the number of initial public offerings. and china now has many more ipos than we do and they are close to the levels of venture capital. it is a crisis of the entrepreneurial economy. and if a solution to it is what i heralded when everything opens up again and we get a new economy and in a new world witw money and new internet architecture, new securities, new privacy, new property. you own your own data again. >> host: we will get into life after google, your most recent book in a month. her last book was about bitcoin. are you still a fan? >> i am a fan of bitcoin. the technology that bitcoin introduced and the cryptographic revolution that instigated a crisis and a lot of the

that is the likes of google, apple, amazon. the big boys are coming for the upstarts.ignificant amount of money into it. be it electric cars, driverless cars, the new way we will transport ourselves around in the future, the people who built petrol and diesel engines for many years will not go without —— will not go away without a fight. they are looking to take on the weymo, the habitat alphabet card, which is starting to run a taxi service in the next three months in phoenix, arizona. this may have got a little bit further then honda and gm really wanted it to go, with that being a viable option. the jury with that being a viable option. the jury is still out on driverless cars, i still think it would be weird, likea cars, i still think it would be weird, like a monorail. in a chat with the taxi driver. that is where you get the gossip. —— no chat. that have a look at tesla. there has been so have a look at tesla. there has been so much discussion about elon musk. this is the south china morning post saying he is a leader and a liability. looking at him as a leader,

interesting because of course google and silicon valley exist due to government subsidies government subsidizes all the preliminary the primary technology that goes into an apple component or darpa of course is the basis for google and so these guys are riding on top of government subsidies government essentially has provided this guy's with a guaranteed wealth and now eric schmidt thinking that he has invented this somehow magically from the unicorns out of the lollipops is talking about how do we increase wages and again as i've said on the show many many times that yes unions are there to provide wage protection for workers and there's a choice people have to make either they are for unions and for centralized banks to provide subsidies to eric schmidt and google or they have neither of them neither unions or they don't have subsidies from the government for eric schmidt and subsidies for the business through social bank gifting of money so you have to pick you can't do so. workers exposed to the market without any subsidies whatsoever but garrick schmidt google apple and jeff bezos announced got a huge subsidy from the government for a song like lives a la

i think winners will be apple and google and to a lesser extent amazon. ink netflix and facebook are going to be the ones, i wouldn't say losers in the sense they're good businesses, but performance will come from apple, google and amazon look for more competition, apple has a ton of ambition in this space. i'm excited to see what they do in the media segment in the next year >> definitely one to watch thanks for joining us. >> thank you. >>> facebook, the latest company to bring a camera and microphone in your living room with the introduction of the smart video chat display portal. the first new hardware product since ocules >> facebook's portal and voice controlled video calling devices aiming to compete with smart home products from amazon, google, apple. they ship early next month they aim to focus on video calling, with a smart camera that follows you as you move around the room, aiming to appeal to 400 million that use messenger, voice, video chat every month, and advance facebook's push to connect friends and family the ten inch screen portal is $2

can't just have workers exposed to the market without any subsidies whatsoever but garrick schmidt google apple and jeff bezos announced got a huge subsidy from the government for a song like lives a la la land of unicorns and asked the question what can we do for the workers that were disenfranchised and who are dying on skid row who are becoming alcoholic drug addicts on our doorstep with such a nuisance you know he doesn't understand the first thing about it omics but he loves the free money he loves the handouts well he loves to feel good about himself a lot of people in silicon valley like to feel good about themselves but when put to the vote like recently in cupertino where apple is based there was a vote to have some low income housing.

y no es poco porque en california se asientan 63 de las 500 compaÑÍas mÁs grandes de estados google, applencierto de las vegas. el tiroteo dejÓ marcada la ciudad de las luces que hoy rememora a todas las vÍctimas con distintos eventos, marÍa paula ochoa nos cuenta. >>> felicidad ha sido un aÑo muy difÍcil para las personas en las vegass que todavÍa no se recuperan de este golpe tan duro que recibieron en el pasado primero de octubre. cuando este hombre cobrÓ la vida de 58 personas y dejando a cientos heridos tirados en el suelo corriendo desesperados. este fin de semana hubieron ceremonias sentidas donde las personas recordaron la vida de aquellos que fallecieron, pero mÁs importante su uniÓn como la comunidad. precisamente estoy con la mamÁ de eric un jovencito de 21 aÑos que muriÓ de un impacto en la cabeza mientras trataba de ayudarle a otr salvar su vida ese domingo del aÑo pasado ¿ cÓmo se siente usted doÑa angÉlica saber que su hijo muriÓ como un hÉroe? >>> Él muriÓ haciendo lo que Él querÍa, que era su trabajo y era su vida ayudar a las personas >>> usted me estaba contando una hist

on companies like alphabets google apple and others with add a mass of the atom smasher trading group plus in the wake of news about apple and amazon cloud having tracking chips placed in their hardware and in their motherboards and they deny it by the way we speak with cyber security expert the c.e.o. of veritas software shipley and later china is building a new social credit system for its one point five billion citizens what is it and why are they undertaking the massive effort conservative t.v. and radio commentator steve malzberg an r.t.s. caleb with china expert join us for the discussion all that directly ahead but first we had some headlines let's go. as negotiations on a deal for the united kingdom to leave the european union are intensifying michelle bunya of the european union to bret's a chief negotiator today said an agreement is within sight although he cautioned that many issues remain unresolved he's such a deal could be reached by next wednesday if britain stays in the e.u. customs union under such a circumstance the entire u.k. would remain in the e.u. as custom area

coming up, google is taking on apple and amazon with a product launch. but, google shut down google plus as a result of a data breach. plus, we will take a look at what we have tesla shares soaring -- what has tesla shares soaring. this is bloomberg. ♪

waymo is own by google. >>> apple ceo tim to be cook was in brooklyn, new york to unveil a number of new products. >> it's time for a new mack book air. one -- one that cakes the mac book air experience even further in the areas mostnt impor to our cuomers. and of course what we all want in a mac book air is a retina display [ cheers and applause ] >> the mac book's new design is notewortause it had gone relatively unchanged sinceco010. thany released a revamped mac mini and an upgraded pair of ipad pro tablets, all new devices have higher starting prices. have combinedad billion.venues of $45 >>> amazon is still promising a decision this year on where it will locate its $5 billion second headquarters. heading into the time two months of the year, speculation is heirling among 20 finalist cities. scott cohn has been visiting al ofthem. and tonight he reports for us from nashville, tennertee. >>re: in music city usa they're convinced nashville strikes the perfect chord. >> we have the lowest taxes and lowest debt per capita in the country. and people realize that we value business her

any subsidies whatsoever but google apple and jeff bezos announced got a huge subsidy from the government for a song like lives in la la land of unicorn's and asked the question what can we do for the workers that were disenfranchised and who are dying on skid row who are becoming alcoholic drug addict on our doorstep who are such a nuisance you know he doesn't understand the first thing about economics but he loves the free money he loves the handouts well he loves to feel good about himself a lot of people in silicon valley like to feel good about themselves but when put to the vote like recently in cupertino where apple is based there was a vote to have some low income housing and there were the quotes from people who attended these are probably very well meaning sort of people probably hate and he started trouble voters in the deplorable is that voted for trump or are people who don't like you know. all this sort of situation of our economy at the moment that they themselves are standing up and saying we don't want any poor people here because then it will bring in the an educated and

coming up, google is taking on apple and amazon with a product launch. google shut down google plus as a result of a data breach. plus, we will take a look at what we have tesla shares soaring -- what has tesla shares soaring. this is bloomberg. ♪ comcast business built the nation's largest gig-speed network. then went beyond. beyond chasing down network problems. to knowing when and where there's an issue. beyond network complexity. to a zero-touch, one-box world. optimizing performance and budget. beyond having questions. to getting answers. "activecore, how's my network?" "all sites are green." all of which helps you do more than your customers thought possible. comcast business. beyond fast. emily: this is "bloomberg technology." andle is taking on amazon apple with the slate of new products including two new phones with larger screens, tablet with a detachable keyboard and a new home hub with the screen. but with privacy scandals, will consumers be willing to put their skepticism aside? >> it's a great question. consumers up to this point have conti

coming up, google is taking on apple and amazon with a product launch. ogle shut down google plus as a result of a data breach. plus, we will take a look at what we have tesla shares soaring -- what has tesla shares soaring. this is bloomberg. ♪ emily: this is "bloomberg technology." google is taking on amazon and apple with a slate of new products including two new phones with larger screens, tablet with a detachable keyboard and a new home hub with a screen. but with privacy scandals and other issues, will consumers be willing to put their skepticism aside? >> it's a great question. consumers up to this point have continued to love google products, gmail, search, all of the above. with the new phone, it has been a challenge for google to break into that territory dominated by apple and the iphone and they have a couple of new phones out today. the design is pretty him straightforward and what we are used to seeing from google. a couple of clever software like, if you let a call go to voicemail, it will transcribe that voicemail in real time so you can s

it was apple along with google, twitter, at&t charter, and apple had to make the point because they were about the hardware, they are not as much at risk as google or facebook but there's still going to be regulation it seems regulation will be inevitable how much do you think it will change the game for companies like apple do you think this is how they will separate themselves from facebook and google. >> i do, because regulations is not going to hurt them in ways that are appreciable it is going to hurt google and facebook because they are basically surveillance organizations whose business model depends on capturing all your data. >> and here we've got tim cook, that sound bite is ready, talking about devices. take a look. >> the narrative that some companies will try to get you to believe is i've got to take all of your data to make my service better well, don't believe them whoever is telling you that, it's a bunch of bong. >> apple is mainly focused on devices. there's a big ecosystem, marketing ecosystem built around targeting and data right now, small businesses in particular, b

recent development called the myspace hybrid technology but that is many different ways that google and apple maps use with the wireless industry announced with all the major wireless carriers we see a result even if it's inside a building but the challenge is when someone is inside and after they have been championing. that's when the location means that somebody is behind the apartment door or up the street 911 needs to know the service. that is a technological challenge and in 2015 there was an order adopted that was groundbreaking for the first time requirements on the carriers to have the qualification inside a building to follow a lengthy negotiation by the national member association to come up with a plan to roadmap and then to be on track it with those technologies to produce good results. . >> you talk about 911 and does congress need to step in on that? and with a variety of governors and talking about that. because i seen those that have been watching that. what is your sense of that? . >> first of all, doing a terrific job by contacting states directly and we appreciate that. as

amazon dragging the likes of alphabet, google, apple, all the rest. we have deal news as you see on the screen. ibm buying red hat, 33 billion-dollar transaction. 63% premium for red hat. ibm falling in the session. red hat a bit concerning it didn't put up to the acquisition target levels, the acquisition buyselves we saw. tech shares really dragging the market. we saw acceleration lower after news hit from bloomberg, that we may see nor china-u.s. tariffs being imposed. melissa: susan thank you. connell: susan referenced the news about china. let's go to blake burman at white house. you had a chance in the briefing with sarah sanders to ask her about the possibility of tariffs. tell us about that. reporter: first briefing in 26 days with press secretary sarah sanders. right before it began came a story are bloomberg saying if the talks between president trump and china's president xi xinping, in argentina do not go well on the trade front that the united states could go forward, the president and his administration could go forward with a next batch

like amazon, facebook, google, apple. really facing the brunt of the selling. the financials doing well. the big banks. they make more money when you pay higher interest. as more money goes to the banks. let's put things in perspective. yes, we're close to 5% when it comes to mortgage rates. highest in seven years. well off of 17% that you paid in the 80s, right? >> you don't have to remind me of my age. thank you, susan. as susan side, they had to define the phrase devil's triangle had no hidden meaning. to quote the end of their letter, it had any sexual meaning if it did in the 80s, we didn't know it. that's what this became. more after this. maine, a town where almost half the population is self-employed. lobster fisherman is the lifeblood of this town. by 2030, half of america may take after stonington, self-employed and without employer benefits. we haven't had any sort of benefit plans and we're trying to figure that out now. if i had had a little advice back then, i'd be in a different boat today, for sure. plan your financial life with prudential. brin

he's worked in the united states and china with a resume including google, apple and microsoft, his new book ai superpowers, china, sin kohl valley and the new world order connects the dots on decades of development and he tells harry sreenivasan that ai is at the heart a story about what makes us human. >> you worked in artificial intelligence for a long time. you talked about a nirks different phases. you've got the internet phase in business, you call it the eyes and ears and the hands and feet. explain that evolution. >> sure, today we're surrounded by internet ai. that is ai being used within the amazon, google, facebook. this is how they've become so valuable because they take the data we provide and our actions and use that to maximize their revenue. or user benefit. so banks, insurances, hospitals so on will have data in their domains and they can use it to make better decisions about credit card law, about allegation and so on but these are phase one, phase two, both based on existing or big data being generated. the third phase is when the ai has eyes and ears and they can see

nearly two-thirds of consumers have bought a smart speaker like the echo, google home, apple home pod in the past six months. the majority listen to music while 68% chat with their speaker for fun. usage peaks on the weekend an average of 72 minutes per day. ma a yeah. >> 4:41. october it's here, which means it is time to start stocking up oury planning to join in on the festivities, you are notloween spending is expected to reach $9 billion this year. people plan to spend on average nearly 87,000. >> are you going to dress up? >> i'm thinking about it. >> really? >> yeah. >> i'm a witch every year. >> you're an angel to me. >> angel to me. >> 4:42. coming up next, rain headed our way, carrie hall tracking the system for us. >> you're a good witch for us. >> glenda. >> yes, we have rain moving our way. the roads in san jose as you get ready to head out. no rain in the south bay, but it's going to feel humid with clouds. i'm tracking the system and a closer look and the timing coming up next. >> the shot similar but this is 880 through freemont southbound with the headline lites that's

other words, if you're not supposed to collect this data and these apps are being downloaded on google and apple, they say look, we don't look at every single app on there. we set the standards and the guidelines it's up to the app developer to do it. we don't actually do the tracking it's our third party that did the tracking we saw advertising. that's how we get paid there's a whole system in place that everyone keeps asking about and there's no case law yet and there's no legislation it's not entirely clear who is ultimately responsible. >> what's a parent supposed to think? should you assume that everyone is tracking your kids information? is there anyway to find out. >> like with office gossip you should assume it's going to happen that's going to be -- that's a hard world to live in. kids are going to be playing games and they're mostly harmless games but right now it's the wild west there's very few cases around it and it's hard as a parent and a kid to navigate. >> as creepy as it sounds, it's not the worst case scenario. should i be worried about them being tracked further too. >> now t

no one would have predicted that about google. applewe used to joke it was not going to make it because it was a small niche company that couldn't compete with microsoft. look at apple now. i don't believe in these big, broad brush, oh, we're going to save the economy. i don't know exactly what's going to happen with nafta. the dairy farmers got something marginal, but as the canadians said, they can be really hurt by this. the american farmer, they're getting 3.5% of the canadian market, and it's a small market. >> that was definitely an issue that the president made larger than it might have been. >> ali, i say to you, it's a cheesy win, but it's a win just the same. >> it's a cheesy win. >> on that note, rick, thanks very much. rick tyler is a republican strategist and msnbc political analyst. you know that was a pun, right? >> oh, it wasn't. but there you go. >> she didn't mean it. >> i just meant it was totally cheesy. >> what a great way to end the show, with a pun. >> yes, but no cheese for ali. don't forget. he's lactose intoler

up to two or three depending on the number of the board seats a lot of plaster technology like apple google and facebook although they already have at least one woman on their board noncompliance could result in a fine of up to three hundred thousand. to us shake up in a german court famous for it still and also force elevator splitting into the company says the move will allow it to be more competitive in the very diverse markets surface after years of turmoil the new c.e.o. promised no further job cuts and officially kissed the company's crisis good buy. this is how the german industrial trying. to present itself innovative with an eye to the future but the steel and industrial component producer is having to take drastic action to see that future come to pass european steel prices plunged in two thousand and eleven after chinese steel began to flood world markets was hit hard by the low commodity prices leading to liquidity issues and a twenty seven percent drop in its share price it now thinks splitting into two companies will help deal with a changing market supervisory board approved

could be a major wig for silicon tech companies like google, facebook, apple. president trump's administration planning to change the way the lottery is won for the h1-b visa. under the plan the number of highly educated foreign workers accepted will be boosted. the new plan is expected to be announced later this month. >>> one of three accused of murdering a peninsula father is expected to ask for bail reduction. bryant is accused of the death of keith green, whose body was found in sonoma county in may of 2016. authorities later arrested tiffany lee from hillsborough along with two others. lee is the mother of green's children. investigators say there was some kind of custody dispute. san francisco police are reportedly touting a new approach to help defend against car break-ins. "the examiner" saying chief scott yesterday met with supervisors. he says the recent policy change is helping cut down on break-ins there. it involves dedicating staff members to focus solely on property crime and work directly with neighborhood prosecutors. citywide break-ins are do

from the parent company of google, from apple, from intel, just to name a few. the past two or three weeks, we saw tremendous selling pressure on technology companies. it would be important for those to beat earnings estimates for quite a bit and get a rosy outlook. we also got numbers from companies like boeing, ford, harley davidson, just to name a few. we could see what impact we might see from higher commodity prices for tariffs on steel and aluminum, hired dollars, it will be pretty much make or break. javier: and we will be there to tell you about it. thank you very much. have a good weekend. for a long time, the portuguese city of porto had been sleeping in the shadow of the capital, but things have changed. a property boom has reached the port city and revitalize the construction sector, which is one of the country's biggest employers. foreign investors are stepping up bargains, locals feel are -- locals fear rising rents. >> she shows us how her street is changing. one house after the other is being renovated from the ground up, all for the benefit of t

the central intelligence agency for six hundred million dollars so many of the employees and google and apple are saying is that the pentagon is actually not structured to defend the united states but offensively going to war against the people of the world so it was the meeting us dominance of the us empire right now these high tech companies cooperate with the pentagon and with u.s. intelligence here you know what they say are consumer services what they're really doing is carries out surveillance against the people of the united states this is a violation of our first amendment rights and it's a violation of our fourth amendment rights not to be searched and seized by that as a program but just for this hour here at all of the international a twenty five am here in moscow we are back with much. i will. come up that. title pilot. while you know. him from pan there is a trade in young girls sold into an underground sex industry sometimes but the people they trust the most. i've been saying for a number means they've matter you have over to. trillion dollars and. more than ten dollars timesta

the central intelligence agency for six hundred million dollars so many of the employees and google and apple are saying is that the pentagon is actually not structured to defend the united states but offensively going to war against the people of the world so as the meeting us dominance of the us empire right now these high tech companies cooperated with the pentagon and with u.s. intelligence carry out what they say are consumer services what they're really doing is here is our surveillance against the people of the united states this is a violation of our first amendment rights and it's a violation of our fourth amendment rights not to be searched and seized that's the program for this hour here on r.t. international that's a nearly half past nine here moscow time we are certainly back with much. welcome to the alex savin hill last week he questioned whether to resume a could negotiate telemarketing breaks that plan passed the house of commons this week it seems he could even get it passed through a cabinet that all can which the plan is perished is the irish border unless she agrees a par

it is similar to the technology that google and apple maps use for example. the wireless industry recently announced that all of the carriers are the end of the year will be implementing that technology. we have seen the test result and it is very good. even inside a building it shrinks the circle enough so that the call taker will know the building. the challenge is when someone is inside the building. apco has been championing spatulas location. which means a door to kick down. 911 needs to know where to send the responders. that is a very tough technological challenge. in 2015, the fcc adopted an order which was groundbreaking. for the first time, the carriers had determined the location inside a building. it followed a lengthy negotiation that apco did where we negotiated with the four major carriers and their industry representatives to come up with a plan and we called it a roadmap. the fcc adopted it. it has put us on track to get a dispatchable location. we are testing that technology and we are hopeful that it will produce good results. host: you tal

three depending on the number of board seats among those affected by the law tech giants like apple google and facebook although they already have at least one woman on their forwards noncompliance could result in a fine of up to three hundred thousand dollars. it. now could cryptocurrency be the secret to saving venezuela his ailing economy president nicolas maduro hope so and on monday he marked the official launch of the petro and his way in a state sponsored cryptocurrency is based on the same tech as bitcoin it's backed by the country's energy reserves by though it said the move will help to put his country at the wolds technological forefront critics say it's unlikely to help the country deal with its crippling hyperinflation there for. europe there you want to . hear more you're up to date now with the latest from the world of business from or do you head to our web site that's d w dot com slash business find us on facebook follow us on twitter at the w underscore business sign there as well at helen there see how free is my handle right now here's a look at the global markets spotl

it's similar to the technology that google and apple maps use for example, and recently the wireless industry announced they're all the major wirelessly carriers will beplementing the technology. we've seen the test results, it's very good. even if you're inside the building,er it shrinks the circle enough so that the call taker will know the building. the challenge is when someone's inside a building. and they've been examplianing the term -- location. that means the door to kick down. if someone's behind an apartment door, 911 needs to know where to send the responders, and that's a very tough technological challenge. in 2015 the fcc a adopted an order. it required carriers to determine a caller's location when inside to a building. it fold a lengthy negotiation joined by the national emergency number association where we negotiate would the four major carriers and they're industry represented, ctia, came up with a plan, and called it a road map. submitted it to the fcc who adopted it. it's put us on track q is the carriers have been on track and right now, they're testing this dis

if you look at this war between siri, apple's voice assistant, and amazon alexa and google's assistanteory was the competition. the driving force behind that is a lot of the techniques apple not ashey are sometimes accurate as storing everything in the cloud. a has to be a point where apple is able to get devices to be as private as they want, but also as good in functionality as the competition. apple says they are already there, but a lot of people don't agree. emily: we are expecting another apple event next week. what are you watching for? reporter: right. october 30 in brooklyn, they are launching new macs and the biggest update to the ipad pro since it launched three years ago. emily: mark gurman for us in l.a. who covers apple for us, thank you for joining us. coming up, tesla shares soaring in late trading as the company first -- its moneymaking quarter in years. first we will talk to a tesla shareholder and he what he has to say about the historic quarter next. plus, bad news for the semiconductor industry. how u.s. and china trade tensions may be hurting chipmakers globally.

it's so much of the technology that google and apple maps use, for example, and recently the wireless industry announced that all the major wireless carriers of the interview will be implement this technology. we've seen the test results. it's very good. even if you're inside the building entrants the circle enough so that the call taker will know the building. the challenge is when some is inside a building and apco has been championing this term dispatched location. that basically means door to kick down. if someone is behind an apartment door or office suite, 911 needs to know where to send the responders. that's a very tough technological challenge. in 2015 the fcc adopted an order which was groundbreaking. it was for the first time applying requirements on the carriers to determine a co-location when you're inside the building. it followed a lengthy negotiation that apco did joined by the national emergency members association when we negotiated with four major carriers and the industry representative ctia, came up with a plan and called a roadmap. submitted to the fcc. the fcc b

there is of demand for tesla and brand likeit is a google and apple. emily: tesla trading a new sessions highs up 14%. dana, this is after a very tumultuous quarter. run with the sec after he claims he is get a take tesla private and had the funding secured for it, tesla and musk have been fined collectively $40 million, and he is stepping down as chairman. what are the outstanding issues of the settlement? we're waiting to see who will become tesla chair. dana: we should know that by mid-november. then the board have to appoint two new directors by the end of december. the board has been really mum about the search process. it is not clear if they are leading it internally are contracted a search firm. that will change the dynamics of the board. emily: they are supposed to be monitoring his tweets and communications, correct? dana: that is not kicked in yet. emily: the tweets have kshay,uedemily: and, a i'm curious if you remain concerned about his behavior and if that is something you are watching? akshay: it is something we are definitely watching.

power.so much it is like a lifestyle thing like google or apple.ly: this is after a tumultuous quarter. elon musk running with the sec after he claims that he would take tesla private and had the funding to secure it. now he is stepping down as chairman. numbers the outstanding with this. we are still waiting to see who the chair will be and the board will appoint two new independent directors. it is not clear if they are doing and internally or using a search firm, but it will change the dynamics of the board. emily: if you remain at all concerned of his other behavior and if that is something that we are watching. >> it is something we are definitely watching. lot of leeway as a brand when it comes to consumer perception. it is always under scrutiny, but consumers see it as him being different as long as he doesn't do something egregious. hopefully the quality comes along. the brand has some leeway with consumers. emily: kalli -- week froma boost this one of the company's most outspoken short-sellers. caroline hyde and scarlet fu caught up with h

. >> and google, facebook and apple are seeing many workers squeezed out due to a acute housing shortage. the region created 6 times as many jobs as housing units. santa clara county, sales are up 6.5%: >> the region is expanding, the high tech is expanding, people want to locate here because this is where the skilled labor is. >> the scores of low income owners, they've joined the homeless in rvs and the homeless, because of affordable housing. >> this is the opposite of field of dreams. people lived here and they had their dreams and people got grady and priced them out. the origin habitants are living on the streets everywhere. people say if they build more, new people will come. what happened to people who are originally here, they're getting pushed out and pushed out. you can't do it over and pretend these people were not here to begin with. >> some people have done better with residential development. as long as tax laws and local order napses continue to favor commercial construction and migration more difficult, it will not be easy. >> we need people to invest in homes for hard w

that's more thanan twitter, google, facebookok, google, facebookok, and apple combined.

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it is almost a lifestyle thing like google or apple. emily: after hours trading up 14%.his is after a very tumultuous quarter. elon musk's run-in with the sec after he said he had funding teslad to take private. they have been fined $40 million and he is stepping down as chairman will stop what are the outstanding issues? a judge approved it, but we are waiting to see who will become chair. >> then the board has to of point 2 new independent directors b. the board has been mum about the search process. it is unclear if they're leaving it internally or contacted a search firm, but that will change the dynamics of the board. emily: they're supposed to be monitoring his communication? >> that obviously has not kicked in yet. curious if you remain concerned about a london mosque's other behavior -- about elon musk's other behavior? >> tesla has a lot of leeway as a brand when it comes to consumer perception. a lot of consumers do see this as elon is different. as long as he doesn't do anything egregious, we can take that as long as he is building these beautiful cars. the br

apple, google declines more than 4% while netflix dropped more than 8% and cboe volatility index surgeoday highest levels since february. now at 24%, reminiscent of the selloff this year that sent major indexes to territory, while it feels like selloff doesn't make the best top 20. cheryl: almost 27,000 range, you to take it into context. lauren: we came within 50 points to 27,000 last week, tracee thank you very much. cheryl: president trump decide today slam the federal reserve for yesterday's selloff. we told you about that in an exclusive interview with fox news shannon bream. >> the dow today a lot of folks concerned about what they saw. i know that you've had theories on that, some critics say it's in part of trade war with china. >> no, i don't think. we are taking billions of dollars in tariffs in china, chinese goods and hasn't hurt us at all. we are taking billions and billions of dollars, we will make product here that we are now buying in china. no, that wasn't it. the problem that i have is with the fed. the fed is going wild. i mean, i don't know what their problem is but

mark: apple, amazon, google, these are like the biggest corporations in the world, but ten years frommay not be, right? >> well, ten years ago the biggest corporations in the world by market cap were exxon, walmart, the petroleum bank, china petroleum and the industrial and commercial bank of china. ten years later the top four companies in the world are apple, amazon, google and microsoft by market cap. i mean, who would have predicted that? and i believe that in the next ten years, there will be a similar turnover, and there will be cryptocosmic companies who will dominate the list of the top market caps in the world. mark: do you think, back to your industrial revolution point, we are in a constant state of economic revolution. depending on, you know, the extent to which the government interferes, like you were saying, socialism, pure socialism or communism, they kill knowledge, they kill -- they're police states, but the freer society, the more progress, the more liberty, the better the quality of life. i mean within rules and laws, we understand and the institution, is that about

liz: google, alphabet, up 4%, nearly 5%. apple, which we will talk about in just a bit, can't get it up. frozen again. thompson reuters. can somebody tell me what apple is doing? >> it was up a few bucks. liz: it's up 3%. all right, gentlemen. thank you very much. we appreciate it. don't think the midterms which we were just talking about mean an end to the drama. with the closing bell ringing in about 39 minutes, it's the latest episode of soap opera as the economy turns. congress faces another uphill battle to keep the lights on. the fed with not just one, but two chances to raise rates and a face-to-face meeting at the g-20 that could make or break china/u.s. relations. that's all well before the ball drops on december 31st. he's a reporter and plays one on tv. the "wall street journal" john hildegraf reveals the script of this soap opera for you, the investor. goent away. s. i love trucks. what the heck is that?! whoa! what truck brand comes from the family of the most dependable, longest-lasting full-size pickups on the road?

google's new pixel phones went on sale today. it starts at $799, $200 cheaper than apple's 10 x phone. >>> the latest misstep and this time it's all about voter registration. >>> and hurricane michael gaining strength as it sets its sights on florida. we're tracking the storm's latest movements. >>> i'm chief meteorologist jeff ranieri. i'll have that pass as well. and after 80s inland today, we are dropping fast. fog and drizzle rolling into san francisco. i'll show you the impact to our forecast coming up in about ten minutes. fire gutted entire neigs in santa rosa... today, the ash has been replaced >>> it's been a year since the tubbs fire gutted entire neighborhoods. today the ash has been replaced by sawdust and the distinct sound of a community rebuilding. we are in the or chachard garde senior community where a woman is back in her home 365 days after her home burned to the ground. >> reporter: one year to the day exactly we're here in a neighborhood that was badly damaged. this was the hardest hit of the 2 233 homes, 67 burned to the ground. and now 88-year-old lou

stocks really soft big- time the prior two sessions, today they were large rallies for netflix, apple, google, and amazon. also helping out, bank earnings coming in, wells fargo, citigroup, and j.p. morgan turned in pretty solid results. and lastly, helping out the market today, lower government bond yields. investors have been freaking out over higher interest rates. >> even with today's gains, major u.s. indices lost about 4% for the week. >> up next, a new chapter in the san francisco scooter saga. the electric scooter company taking legal action against the city of san francisco. >> plus we will take you on an exclusive ride. inside one of google's self driving taxis, the state now allowing test runs for passengers. >> plus we continue to monitor this breaking situation in san francisco, a nine day old hotel worker protest, has taken a new twist, and it is growing. another live update, just ahead. street in dowtown san francisco... where rush hour traffic is blocked. about a thousand striking hotel workers are demonstrating against ma >> we continue to follow this breaking news and san fr

news on the go just download from google player from the apple store that'll give you access to all the latest news from around the world as well as push notifications for any breaking news you can also use it to satisfy those ads videos . that's a chill up today to more of the talk off the hour don't forget you can get all the latest on usenet for watching around the clock on our web site that's d w dot com good to. stay in school in the jungle. first climbing less of a minute or as grand the moment arrives a little joining a regular chain on her journey back to freedom. in our interactive documentary the torah and the ranting returns home the long t w don't come to tanks.