no sense at all of just how frequently the government is going to internet service providers google facebook other kinds of services like that that often store for us the most sensitive kind of information to get records ok so just to clarify this order of the national security letters these are different those are i think i got these mixed up in national security right doesn't even require a judge and national security letter is basically something the f.b.i. issues on their own recognizance saying they pinky swear that somehow what they're looking for is legitimate but i have to make a whole lot of this is a little better i do or they do have to go to a judge but all they have to show the judge is specific facts establishing that the information they're seeking is relevant to an authorized investigation and that's a lot lower standard than probable cause which is what the fourth amendment requires for additionally for a full fledged search warrant so if they want to search your house probable cause that's a pretty high standard relevance is a lot less that basically means we have some reas

i mean david pointed out you can do a search on facebook why to you need google. >> if i go to facebook and eight people i know say buy this camera why do i need 8,000 answers from google? >> rose: and you trust your friends. >> yes. and giving big bonuses from google, he was trying to keep them from running down the street to facebook. yes, he is absolutely scared to death of facebook. >> this is the way to think about the $50 billion evaluation it has everything to do with the fact this incredible speed google has -- and others but especially google have created these gigantic adversaries for facebook that the company now despite its relatively small scale in actual fact has to come back and all of the companies that hate facebook have tense of billions of dollars in cash and that includes especially google, and facebook now will have a billion or so in cash to move it quickly to buy something if it needs to do that defensively and also have a stock that is valued so if they want to make an acquisition with stock, they have a currency they can say hey goldman says it is worth this, th

google facebook or amazon and you're redefining the world of cloud computing. one hundred data being set up every year around the world. expect. technology. and possibly. innovative. from the. project. over the next decade. it might just be born right here in. these. groups. and. and this has to be done in russia immediately otherwise we would never you know cross the bridge between science and manufacturing would be because between science and avoiding one of our troops there is a huge gap and there is a prototype development and scientist i myself i'm a scientist they very often say don't understand how huge is this get. wealthy british scientists some time to. market why not come to. find out what's really happening to the global economy with mike stronger for a no holds barred look at the global financial headlines tune in to conjure reports .

cocktail classes and have already been doing corporate team building mixology 101 classes for google, facebook, mckessen, volvo, and a number of companies. we are trying to reach out to not beverage companies as well to broaden the spectrum and get them to understand what the conservancy is, as well as cocktail week. our hope is that by reaching out throughout the year in these kinds of events, we can get more people involved in cocktail week, which would also become a bigger event and get bigger and bigger every year. commissioner kasselman: can you tell me about hours of operation? how would someone is a you can find out about you? -- how would someone to visit you -- someone visit you or find out about you? >> we are an event space and we are trying to create our own defense. we do have sfcocktailweek.com, a site we have used for past events. you can look at that and see everything that happened this year. we have not been able to update that yet. a volunteer bartender wrote that site. we also own barbarycoastconservancy.com, but have not had the money to build that web site yet. we have a

you heard him mention google and facebook saying innovation, education. those are the themes. those are the watch words. and jerry brown saying some of the same things as he's trying to make the case -- we'll hear him in the state of the state, and lisa, you'll be walking about that -- this is the problem that both of them have. i mean, it's about budget cuts. it's about concerns. and it's about balancing these deficits and this competitiveness agenda that both of them are talking about. >> one big difference is that jerry brown may not run for re-election. he may be a one-term governor. barack obama is certainly going to run for re-election. >> this is a major issue. seen as the kickoff of the 2012 presidential election. and so a huge vision speech. more than an hour long vision speech about things like high-speed rail. and that it is a huge issue to california, and it is a huge issue to the republicans who want to slash -- >> belva: he said i was a vision guy before this guy was a vision guy, when jerry brown was elected many years ago, that was his whole platform was a visi

is this there is the candidate obama was embraced almost by folks in silicon valley you know google facebook the old those types of companies or both as a break from bush and also because he represented perhaps in their view at the time a more interesting vision of the future but then once he and a lot of those folks at that time there john and went to actually work for the white house not not maybe not a lot but a little bit but a substantial number of significant positions in putting google but there but since then it's more like democratic party politics took over and now we're seeing more i think the truly nature of the beast which is that this is some something that's going to be closer to hollywood the googles interest when the two are opposed so let me i mean there's that any any presidential administration any white house is a complex creature with lots of moving parts so i would say just this is a pro our area it is rationed overall always in every circumstance or procurable it's a complicated issue but you have. portions that are close to both now deka very quickly because i have f

growth at google, facebook and apple are credited. >>> social networking website my space is cutting half of their work force. today the company announced it will cut about 500 positions around the world. the company recently narrowed it's focus to music and celebrity gossip. back in 2009, the company reduced it's work force by about another 9% of employees. >>> gm received $50 billion worth of federal assistance in 2008, seven other auto makers will advertise during the big game. >>> the deal had been the sub subject of reports for months and today it finally happened. verizon announced it will provide service for the iphone. until now, at&t had an exclusive contract. >> reporter: verizon, at&t's chief competitor sells many iphones but for verizon this is special. >> iphone is an iconic device. people want it. it's just one more choice that our customers are going to have. >> reporter: not only will many existing verizon customers switch to the iphone. as we learned some of at&t's existing iphone calls customers, at&t has its work cut out for it. >> it's hard work because verizon is

growth at google, facebook and apple are credited. >>> social networking website my space is cutting half of their work force. today the company announced it will cut about 500 positions around the world. the company recently narrowed it's focus to music and celebrity gossip. back in 2009, the company reduced it's work force by about another 9% of employees. >>> gm received $50 billion worth of federal assistance in 2008, seven other auto makers will advertise during the big game. >>> the deal had been the sub subject of reports for months and today it finally happened. verizon announced it will provide service for the iphone. until now, at&t had an exclusive contract. >> reporter: verizon, at&t's chief competitor sells many iphones but for verizon this is special. >> iphone is an iconic device. people want it. it's just one more choice that our customers are going to have. >> reporter: not only will many existing verizon customers switch to the iphone. as we learned some of at&t's existing iphone calls customers, at&t has its work cut out for it. >> it's hard work because verizon is

of google and facebook. in america, innovation does not just change our lives, it is how we make our living. >> lawmakers made a show of solidarity sitting together and we will have more from washington in just 11 minutes. >>> google is adding jobs and they will hire 6200 additional employees. jana katsuyama is live with this story. >> reporter: the lights are on and new hires are on the horizon, outlining a plan to hire thousands. >> reporter: today we talked sweet treats, and today had google more to smile about. they stated that 2011 will be the biggest hiring year in the company's history and its needed 6200 jobs worldwide. the internet search giant has one big profits in online ad revenues in its looking to expand. >> a lot of the work will probably come from acquisitions. >> reporter: it came just as yahoo announced up to 150 layoffs. this afternoon some employees told me they had not heard about the cuts and a spokeswoman said about 1% of employees are affected and they say yahoo is struggling to keep

google. another milestone for facebook., time, it has surpassed google as the most visited website in the >>> another milestone for facebook. for the first time it has surpassed google as the most visited website in theunited states. 9% of all visits between january and november of this year. google was second with just over 7% of all visits. in just six years facebook has become the world's largest web social network with half a billion users worldwide. >>> get this. childhood obesity can start before most babies start eating solid food. researchers found that one third of 9-month-olds are obese or overweight as are 34% of 2 year olds. the study was published. being overweight at 9 months researchers say sets the stage for weight problems as early as 2 years old. >>> check your tickets. you could be a winner in tonight's mega millions drawing. ticket sales were brisk before tonight's drawing and that boosted the top prize to an unbelievable $242 million. it has gotten so high because the jackpot has gone without a winner for 14 consecutive drawings. here we go with the winning numbers. they

facebook says it's entirely false but the rumor has been gaining ground and has become one of the top searches on googlefacebook users have stopped started a petition to stop the

facebook accounted for almost 9% of all u.s. website visits. google which had been number one slid to second place with just over seven% of visits -- 7% of visits, followed bia >> and youtube. >>> fred is here now to tell us thousand nfl season has come to an end in the bay area. >> we can say at least it ended on a positive note for both teams. how is that? from the dubious distinction department the oakland raiders became the first team since 1970, nfl and afl merger to sweep their own division and not make the playoffs. an 8-8 record is a step forward and head coach tom cable may have saved his job as the raiders became the only team this season to beat the playoff bound sheets in kansas city. michael bush scores this in the 24áeud quarter. he ran for 137 yards today. jacobi ford seems to make a big play in every game. ford on the reverse. scores to make it 24-10. raiders. then chiefs quarterback matt calf gets picked -- 3459 castle gets picked. route brings it back, oakland wins 31-10 after seven straight years of double digit losses the raiders f

consumer groups and companies like google and facebook support those laws. >>> the fbi said today that it has taken down some of the powerful mofia leaders in america. federal authorities carried out raids in three different states. new york, new jersey and rhode island. 120 people were arrested including alleged senior mob figures and corrupt union officials. the charges include murder, racketeering and extortion covering what the justice department calls decades-worth of offensees. >>> residents of a mountain view apartment complex are hoping an exterminator can eliminate a blood-sucking pest. bed bugs were dorph discovered in two units. exterminators are using heating fans to kill the pests that can cause itchy red welts when they bite. bedbug infestations in the u.s. sored by 81% in the last decade. >>> well, a man already on the inside of san francisco's city hall has decided to pick about a fight with a powerful city agency. the issue, parking tickets combined with election-year politics. >> reporter: with drivers now able to use everything from coins to credit cards to pay for s

the nation of edison and the wright brothers, of google and facebook. in america, innovation doesn't just change our lives, it is how we make our living. [applause] our free enterprise system is what drives innovation. but because it's not always profitable for companies to invest in basic research, throughout our history our government has provided cutting edge scientists and inventors with the support they need. that's what planted the seeds for the internet. that's what helped make possible things like computer chips and g.p.s. just think of all the good jobs, from manufacturing to retail, that have come from these breakthroughs. half a century ago, the soviets beat us into space with a satellite called sputnik, we had no idea how we'd beat them to the moon. the science wasn't even there yet. nasa didn't exist. but after investing and better research and education, we didn't just surpass the soviets. we unleashed a wave of innovation that created new industries and millions of new jobs. this is our generation's sputnik moment. two years ago, i said w

continues to struggle to compete with google and facebook in the race for on-line advertising. >>> more0 be jos will be available at the event we are sponsoring. it includes verizon, valley yellow pages and state farm insurance. they need sales people, accountants, loan officers and software developers and more. the event is co-sponsored by abc7 and the job journal tomorrow from noon until 4:00 at the south san francisco convention center which is on airport boulevard. >>> the san jose police shot and killed a man this afternoon. it happened in a ravine in the san jose hills east of the airport. that's where alan wang is live for us tonight to walk us through what happened. alan? >> carolyn, as close as we are to san jose, this is a very rural part of the east hills with livestock and barbed wire fence around us. not much happens, but today police shot and killed a man. >> about noontime midday, i was feeding the animals down at my ranch. i heard what was a couple of gunshots, pops. >> it is not a big deal to hear gunshots in the rural east hills overlooking san jose. but after brian va

the students are visiting starts ups and large companies like google and facebook. >> for guys like thisfinal is money. for them to take an hour away from their day is a big deal. >> at tonight's mixer in mountain view, potential employers were also invited, and those who showed up didn't comemptynd thated. >> we are certainly hiring. we have seen a big pick up from last year as well as into 2011. >> 2011 is supposed to brung job growth to the -- bring job growth to the valley. 7,000 new jobs may be created by 2015. >> it is a hotbed for new ideas. and there is something like an economy boom coming. >> still the mit leadership insists they are not meant to take away any opportunities from the local business school students. but it may create some healthy competition. in mountain view, lisa amin gulezian abc7 news. >>> three crew men on a fishing boat admitted they fell asleep just before the vessel washed up on a beach near half moon bay. take a look. the crew abandoned the ship after it was stuck at kelly beach state park around 1:00 this morning. the coast guard checked to make sure no

the reason people like google or facebook is it's just simpler. if we go back to at&tin 1910 where you had a monopoly for 70 years. why? it was easy. you picked up the telephone and it worked. so they take advantage of the fact that consumers like a reliable good product and there's nothing wrong that. what it does lead to, our desire to follow the leader is monopolyization. >> do you define monopoly by market share or practices? >> market share. dominant firm. dominant firm. i would say most of the internet monopolies flow dominant firms. they're not yet abusive but if history is any guide they will come. >> rose: they will be abusive. >> it t day will come where they stop being interested in improving the product and start trying to keep competitors out of their market. it may have already come for some of them. >> rose: that what happened to soft? >> it was a bit. it wasn't able to execute. it's definitely what old at&t did, hollywood cartel, nbc. when you go through history there is a life cycle where a monopoly... the first moment enters its

a nation of edison and the wright brothers, of google and facebook. in america, innovation doesn't just change our lives. it is how we make our living. >> and in an effort to encourage innovation that could create badly needed jobs, the president said his budget plan will include significant investments in biomedical research, information technology, and clean energy technology. and the president also stressed that america needs to win in the classroom with top-notch students and teachers with good paying jobs. >>> the call for education filled with hope and applause. but how was it received in our own backyard, on the front lines? tonight an east bay teacher struggling to make ends meeti do his own home. cheryl hurd joins us from oakland. interesting to see how this translates from capitol hill to the family rooms in the bay area. >> reporter: it was very interesting sitting down with this couple. they are both democrats, and they voted for obama. one is a teacher and they're on the verge of losing their home. tonight they are looking for something i

yahoo still has a little more than 16% of that critical market but facebook and google both jumped bigup to about 13.5%. they are right on yahoo's heels. yahoo's shares right now are down off of its earnings 3%. that's 49 cents, 15.50 per share. federal reserve wraps up its first two-day policy meeting of the year. not expecting any big changes in its two-pronged attack to try to stimulate the economy through lower interest rates and through its $600 billion bond buying program. the key that wall street is looking for is what the fed says about an exit strategy getting out of that plan before the economy heats up and we start to see inflation become a bigger problem. right now the market is mixed right now. dow is lower by 9 points because of boeing's bad earnings. nasdaq and s&p each up slightly right now, elizabeth and sydnie. >> okay, jason brooks with kcbs and cbsmoneywatch.com. thank you. >>> it is 6:50. google planning to hire more than 6,000 new employees this year. it's unclear just how many jobs though will be based here in the u.s. the mountain view- based company has 60 offi

cars in driveways and computers in offices, the nation of edison and the wright brothers, of google and facebook. in america, innovation does not just change our lives. it is how we make a living. [applause] our free enterprise system is what drives innovation. but because it is not always profitable for companies to invest in basic research, throughout history our government has provided cutting-edge scientists and inventors with the support that they need. that is what planted the seeds for the internet. that is what helped make possible things like computer chips and gps. just think of all the good jobs -- from manufacturing to retail -- that have come from those breakthroughs. half a century ago, when the soviets beat us into space with the launch of a satellite called sputnik we had no idea how we'd beat them to the moon. the science wasn't there yet. nasa did not even exist. but after investing in better research and education, we did not just surpass the soviets -- we unleashed a wave of innovation that created new industries and millions of new jobs. this is our generation's sputnik mome

weekly world news, facebook says it is entirely unfounded but the story has been gaining attention on twitter and other social networks, it is also one of the top searches right now on googleo facebook addicts can relax. >>> there is a new box office champ this weekend. >> how many men have you shot? >> shot? or kill. >> let us be restricted to kill. >>> true grit took home number one spot movie stars jeff bridges as law man rooster dough bump hired by a 14-year- old girl to track down her fathers killer. >>> little fockers held the number one spot but now dropped down. raking in $13 million. season of the witch, tron legacy and black swan. >>> coming up suspect in a deadly shooting rampage that injured an arizona congress woman faces a judge the legal connection to the uni bomber case. >> gavin newsom will be sworn into state office after a final act as san francisco mayor that story coming up ,,,,,,,,,,,,,,,,,, i'm elizabeth wenger and i'm sydnie kohara. time is 5- >>> good morning it is monday january 10th i am elizabeth wenger. >> i am sydnie kohara. your time 5:30 a.m. it is a busy morning as we continue to follow developments out of tucson arizona. that gunman that o

social networks, and so are consumers, who are getting more of their information from sites like facebook. google is growing now, but analysts say page's challenge as c.e.o. is clear. >> now, the key question is will larry page be able to ignite their social and mobile offerings to continue to accelerate their growth. >> reporter: s&p analyst scott kessler says that means google will have to change the google experience, from a transaction, where users search and leave, to one that is more engaging. >> so we think that, more and more, google needs to figure out ways to not only attract people to their properties, but also to keep people there. >> reporter: page will soon be making the big calls at google, but in some ways, eric schmidt will have the more difficult challenge. he will be dealing with government regulators in the u.s. and around the world, and many are concerned about google's market power. some analysts feel that is a bigger threat to google than competitors like apple and microsoft. darren gersh, "nightly business report," washington. >> tom: another tech shakeup tonight, this one

facebook at $50 billion. you say why? why $50 billion? that sounds like a lot of money. on a relative basis, something like a google which, as you just said, facebook has just surpassed in terms of use, google is worth close to $200 billion. they're all trying to get at the advertising market, targeted advertising, being able to really be able to advertise directly to you by knowing as much information about you. that's what facebook perhaps even more so than google is able to bring the advertiser. the second component.... >> suarez: i'm sorry. go ahead. >> the second big headline here there is goldman sachs. why is goldman sachs, a wall street investment firm, doing this? and it is as much a financial investment for them as it is an opportunity to get on the ground floor of a possible facebook ipo in the future. this is a private sale early. it's an opportunity for them to give their high net worth clients access to these coveted shares. so there's all sorts of fee streams throughout that will make this deal perhaps profitable for goldman sachs even if facebook ultimately sn as profitable as people think. >> suare

facebook has limited their offering to non u.s. investors to one trillion investments value the social network at fifty billion dollars that's more than the value of yahoo and e-bay but below google and amazon facebook has not so fast specified how it plans to spend the investment money. that's your business update for that solved but let me remind you that you can always find most tourism our website archie dot com slash business. it was the strangest attempt of a military takeover. of the us president trying to overthrow a foreign country's government but his strategic games must. under merica recognize to defeat. the bush cheney if cuba managed to cope with its victory not all don't talk to all the forget autoblog i live you think you are you go by the rajab but i live near the cuban missile crisis games and reality and all to. me is eve. it is easy to. see. the full. it's. called. the. hotel the cruise hotel but. the sea. hotel.

cars in driveways and computers in offices, the nation of edison and the wright brothers, of google and facebook in america, innovation doesn't just change our lives. it is how we make our living. ( applause ) our free enterprise system is what drives innovation. but because it's not always profitable for companies to invest in basic research, throughout our history our government has provided cutting-edge scientists and inventors with the support that they need. that's what planted the seeds for the internet. that's what helped make possible things like computer chips and gps. just think of all the good jobs from manufacturing to retail that have come from these breakthroughs. and half a century ago when the soviets beat us into space with the launch of a satellite called sputnik, we had no idea how we would beat them to the moon. the science wasn't even there yet. nasa didn't exist. but after investing in better research and education, we didn't just surpass the soviets, we unleashed a wave of innovation that created new industries and millions of new jobs. this is our generation's sputnik mom

network at fifty billion dollars that's more than the value of yahoo and e-bay but below google and amazon facebook has not so fast classified how it plans to spend the investment money. that's your business update for that sol but you can always get more store a small website r.t. dot com slash business. close up team has been to the homes to return to the land developed by cossacks in ancient times. now wattie goes to the center of russian defense production. with christianity and shamanism existed side by side for centuries. people in remote villages a cut off from the basics we take for granted completely in the public russia close up on r.t. . world.

network at fifty billion dollars that's more than the value of yahoo and e-bay but below google and amazon facebook has not so fast specified how it plans to spend the investment money. ok that's your business update for now but let me remind you that you can always find more stories in all websites are two dot com slash business. culture is that so much i mean everything again which of course is right on it comes in here today of american exceptionalism goes to the very foundation of all most american see their country's history and place in the world is there any truth . to close up taking those beaten to the arms to return to the land developed by cossacks in ancient times. now wattie goes to the center of russian defense production. with christianity and shamanism existed side by side for centuries. people in.

facebook. it's based on registration data. google search ads are the other really common first kind of ads people buy, because they're -- they're kind of idiot-proof. if you put any effort in, they have a good ori. those are ads where the way it works is someone -- when you google something, you're asking a question of the internet. i can pay to have my answer be one of the answers. so if the search term is immigration reform, people literally type in i want to buy ads on the word immigration reform. any time it's searched, the ad word determines what order to put those ads in. search ads are great for list growth because often people are actually trying to find a way to get involved. often it's the most zealous activists. and especially early on, if it's say two years before something is going to happen, and they're still looking at it, if something has been table and they're still googling about it, those people are zealots. then there is contextual targeting. if you're on gmail, those are the ads you're seeing in your inbox. those

> congressman barton, if you were chairman, could you see as the ceo's of companies such as facebook or google coming to testify in front of the committee? >> i think you can almost guarantee that. >> i think he -- at think is good that he said he can guarantee that companies will be having a dialogue. there should be give and take, listening and an exchange of thought, concerns, and ideas. whoever is chairing this committee, we look for that active exchange. there are serious issues that have to be addressed. we know that privacy concerns are increasingly raised. there are other issues around trade that it raised. i think it is good to have that kind of exchange. >> mr. barton in that interview also talked about more oversight of the fcc. >> that is the prerogative of congress in terms of having oversight of the fcc. the fcc has done some good work, but there is more to do. he spoke to the sec chair, he would tell you himself there is more he would like to be getting done. i think of congress gets involved, as long as we are all being constructed, i think it is a good thing. >> what is your b

>> denouncing the move, assange said he believes other american internet companies, such as facebook and google, may also have been ordered to disclose information. >> what this is is really an attempt to intimidate. you have the department of justice, u.s. department of justice, really trying to intimidate people who are working with wikileaks. >> assange and wikileaks denied their publication of 250,000 state department cables put the lives of spies or diplomats at risk, but merely reveals embarrassing and hypocritical actions by the u.s. and its allies. >> even if you think what the people are doing is wrong, that is why the first amendment exists, to protect unpopular people engaging in unpopular speech. >> now, the subpoena of its records was unsealed at twitter's request, and as the company said in a statement today, which i will read, "we are not going to comment on specific requests, but to help users protect their rights it is our policy to notify users about law enforcement and governmental requests for their information." katie? >> couric: all right, dean reynolds from chicago tonigh

facebook. it's based on registration data. google search ads are the other really common first kind of ads people buy, because they're -- they're kind of idiot-proof. if you put any effort in, they have a good ori. those are ads where the way it works is someone -- when you google something, you're asking a question of the internet. i can pay to have my answer be one of the answers. so if the search term is immigration reform, people literally type in i want to buy ads on the word immigration reform. any time it's searched, the ad word determines what order to put those ads in. search ads are great for list growth because often people are actually trying to find a way to get involved. often it's the most zealous activists. and especially early on, if it's say two years before something is going to happen, and they're still looking at it, if something has been table and they're still googling about it, those people are zealots. then there is contextual targeting. if you're on gmail, those are the ads you're seeing in your inbox. those

congressman barton, if you were chairman, could you see the ceos of companies such as facebook and google coming to testify on issues such as privacy in front of the committee? >> we -- i think you could almost guarantee that. >> host: mr. ramsey. >> guest: i think it's good. as he said, you can guarantee that companies are going to be having a dialogue. hopefully it's not -- it ought to be a dialogue, you know? there should be a give and take, a listening and an exchange of thoughts, concerns, ideas. and so that's what i would, that's what i would say. whoever's chairing this committee whether it's upton or whether it's barton, you know, we look for that active exchange. there are serious issues that have to be addressed. we know that privacy concerns are increasingly raised, there are other issues around trade that get raised. i think that it's good to have that kind of exchange. >> host: mr. barton in that interview also talked about more oversight of the fcc. >> guest: yes. well, look, that's the prerogative of congress in the terms of having oversight of the fcc. i think the fcc has