in some cases but we know that some companies just seem to have this ability to print money google microsoft out for a look at this isn't period of the same level of the profitability is really low for the times the valuations we're hearing thinking around like be under one hundred billion so i suspect that if. you're not convinced that you're going to that you're going to be able to produce the type of profits that google microsoft out will do and you're going to want to cash out as quickly as possible you're in there for more in fact your bubble ok now you mentioned some of kind of the issues are surrounding privacy and some of the ad that more people have made their information private i'm curious because a group of internet intellectual property law professors and they wrote a letter to members of congress opposing the protect ip act and this would give the government new powers to take web sites offline to censor search engines to internet publishers accused of infringing activities should people be more concerned about what they are putting on social media when you have acts like this

already been in discussions with google, microsoft and yahoo.ite offers access to prime time tv shows and currently owned by the parent companies of three broadcast networks and a private equity firm. hulu is projected to make half a billion dollars this year alone. >>> the company behind farmville game on facebook is going public. san francisco start up zynga hopes to raise as much as $1 billion in an ipo. the company is joining several other high value internet companies that recently filed those ipos including linked in, pandora and groupon. >>> new cigarette warnings are apparently working and they're not even in use just yet. >>> and cell phone users we can all breathe a bit easier now. terrell brown has this morning's medical update. >> reporter: new research is raising doubts about whether cell phones can cause cancer. the review of previously published reports found no convincing evidence of any cancer connection. the findings come just a month after the world health organization reported that cell phones are possibly carcinogenic. babie

it's been in discussion with google, microsoft, and yahoo. >> interesting.be we should look into investing. who knows. >>> what would be in the 4th of july in the mid-atlantic without crabs? >> it's a good crab season for you lovers. >>> 48-degrees with clouds at dallas. light winds and good visibility. we have a nice start out there if anyone is traveling on this monday morning. pittsburgh, 84. , chicago, sunny, looking good. 83 degrees, and more heat out west. 95, that's a mile up at madison. ground level, warmer than that. pheonix and vegas, 100 to 105. cooler for them. los angeles, gorgeous today, 76 degrees on this july 4th. san francisco, sunny and 73. seattle sunny and 75. >>> good morning and welcome back to 9 news now. happy 4th. if you have to be up this morning or maybe as jessica suggested, you're getting ready to go down to the mall to be prepared for the concert and fireworks this evening. mother nature providing fireworks last night. >> inch and a half hail. a bicyclist was killed as a tree fell on them on the toll path. all sorts of trees dow

relocating their activities to be able to enjoy the benefits of hydropower and they include apple, google, microsoft, and, bmw has recently relocated its factories in north america to enjoy hydropower as a source for its manufacturing. >>reporter: the largest, and most controversial example of hydroelectric schemes is the three gorgesdam in china which provides power to the central china grid and feeds five provinces. but it's alsobeen called an environmental catastrophe due to the forced relocation of 1.3 million people along with concerns ranging from massive erosion to causing earth tremors. >>toulmin: for things like the smelting of aluminium of bauxite you're going to need huge quantitiesof power and for that hydropower does seem to be the obvious solution if you can find yourself a source where the damage is not going to be too great. >>reporter: and companies from japan, china, australia and the middle east are relocating to one of those sources of hydropower - generated in the jungles of the malaysian state of sarawak, sandwiched between brunei and indonesia. >>the malaysian government recen

already been in discussions with google, microsoft and yahoo. the site offers access to prime time tv shows and it's currently owned by the parent companies of three broadcast networks and private equity firm. projected to make $500 million this year. >>> and the company behind farmville game on facebook, they are going public. the san francisco start up zynga hopes to raise as much as $1 billion in initial public offering. the company is joining several other high valued internet companies that recently filed ipos including linked in, pandora and groupon. >>> time now 4:45 on this 4th of july. three u.s. senators making very high profile visits to afghanistan today. how they're raising doubts about president obama's exit strategy in that company and more confusion about whether cell phones actually cause cancer. what new research found about the radiation risk. >>> and a child survives a ten story plunge from a balcony. the incredible way a stranger stepped in to save her. >>> travel forecast time if you must get out we've got sunny skies, clea

not convinced that you're going to you're going to be able to produce the type of profit that google microsoft will do then you're the one exception of quickly as possible you're in there might be a bubble ok now you mentioned some of kind of the issues surrounding privacy and some of the more people have made their information private i'm curious because a group of internet intellectual property law professors they wrote a letter to members of congress opposing the protect ip act now this would give the government new powers to take web sites offline to censor search engines sue internet publishers accused of infringing activities should people be more concerned about what they are putting on social media when you have acts like this that are you know being contemplated. it works on there really are two separate topics in the first intellectual property copyright mess with the perfect i was but it was that many laws off the letter that went out earlier this week are probably right in that this is the second question of the end facebook kind of change the default over the years to make beings

google in its r.s.p. process and if it did why did it choose microsoft over google? >> sure. we actually considered lote us. -- lotus. we looked at google and the exchange solutions. we had our architecture group which is made up of c.i.o.'s around the city, look at all three solutions and went through a several-year process considering the technologies that underline each of the solutions, the benefits to the city and at the end of the conversation it was unanimous between all of the c.i.o.'s during the city that the exchange platform that the city wanted to adopt for a lot of reasons. one of the things i wanted to stress the most for us making the decision is we have a strategic vision for the city of where we want to be over the next five years. and the exchange solution for us sit very well and where we are going in terms of our office products, what we like to use for microsoft word and excel and powerpoint. we have a robust share environment in the city where a lot of departments have adopted and starting to use share point. we are starting to rapidly deploy application

hulu, which offers free access to prime time tv shows, has already been in discussions with google, microsoftyahoo!. and the company behind the popular facebook game farmville is going public. zynga hopes to raise as much as a billion dollars in an initial public offering, joining a handful of other high-valued internet companies that recently filed ipo's, including linked in, pandora, and groupon. and that's your money watch. for more headlines, go to cbsmoneywatch.com. >>> of course independence day is coming up on monday. we have a listing of all of the fourth of july fireworks shows happening around the bay area. that is at cbssf.com/fourth. >>> it is now getting more difficult getting a speeding ticket erased from your driving record. a new law went into effect yesterday to close a loophole. it prevents repeat offenders from attending traffic school more than once every 18 months. the dmv has gotten a little frustrated, because people were attending two to three times a year. that's because the courts weren't communicating with each other. the dmv will now create a centralized system to

hulu which offers free access to prime time tv shows has already been in discussions with google, microsoft yahoo. and the company behind the popular facebook game farmville is going public. zynga hopes to raise as much as $1 billion in initial public offering. joins another high valued internet companies including linked in, pandora and groupon. that's your money watch. for more headlines go to cbs money watch.com. in new york. >>> those new cigarette warnings are working and not even in use just yet. and cell phone users we can all breathe a little bit easier. terrell brown has this morning's medical update. >> reporter: new research is raising doubts about whether cell phones can cause cancer. the review of previously published reports found no convincing evidence of any kind of cancer connection. the findings come just a month after the world health organization reported cell phones are possibly car sin jebic. babies as young as 3 months old can respond to emotions in people's voices. that's according to to brain scans showing activity in the baby's temporal corp text when they heard so

amazon, google, microsoft and yahoo have also shown interest in it.u went on the market last month. >>> 5:49. hard to think about it here but there is a blistering heat wave and it is melting half of the u.s. how those soaring temperatures are now impacting hospitals. >>> we've recently rescued our 10,000th california sea lion. >> how a rescued sea lion is now creating an online buzz hire in the bay area. ,, ,, when your eyes are smiling... ,, you're smiling. and when they're laughing... you're laughing. be kind to your eyes... with transitions lenses. transitions adapt to changing light so you see your whole day comfortably... and conveniently while protecting your eyes from the sun. ask your eyecare professional which transitions lenses are right for you. that's me with the blow dryer and the flat iron until i see smoke. so pantene said, "breakage and split ends? no problem." they gave me this pantene called breakage to strength. [ female announcer ] the keratin protection pro-v system helps prevent then repair split ends. zero fear of breakage, 100

you've got more and more of the leadership of google yahoo microsoft and apple builder berg and also with the grove and more and more the establishment is counting on their tech not proceeding they've got the technology had to meeting with the head of the n.s.a. and build a bird reportedly also. grow to ca to find the cyber security takeover of the well the pentagon admits they've got fake bots out propagandizing americans with fake comments that they want to be able to have an internet kill switch and that now they're going to government announcements forcing their way on your mobile phones and portable computers with government announcements and you've got the technocrats and the corporate owners of the technocracy meeting with the government in this seamless fusion that can only be called corporate fascism or crony capitalism and so a lot of big decisions are being made at an older and bohemian grove all right well alex jones thank you for giving us your insight and let us know if you hear any you know anything that comes out of this meeting this year that we should know about so

you've got more and more of the leadership of google yahoo microsoft and apple and builder berg and also what the grove and more and more of the establishment is counting on their tech not proceeding so they've got to the technology had a meeting with the head of the n.s.a. and build a bird reportedly also at bohemian grove to cut a fine and cybersecurity takeover of the lab the pentagon admits they've got fake bots out propagandizing americans with fake comments that they want to be able to have an internet kill switch and that now they're going to government announcements forcing their way on your mobile phones and portable computers it's a technical problem there but you can watch the whole interview on our web site with the voice and a picture to think i was a radio host alex jones and speaking of influence over politics thousands of christians have filled the washington d.c. convention center to show their support for the state of israel and to lobby congress now calling for lays out why you as a taxpayer should know about what goes on in the questions united for israel senate . for

. >>> google and microsoft are being sued over their street level mapping service. louisiana company transscenic claims google infringe on its patent. those internet services allow people to see foot level. we reached to google , and got no comment. >>> and bradford street is the most tilted paveed thoroughfare in the world. broadford has an incline of 41 degrees over 30 feet. if the street were longer a car would go from zero to 60 in seven seconds. stay with us, we'll be right back. >>> new at 6:00, a tourist attraction turns into a nuisance. >> 3:00 in the morning crowing. >> the famous feather flock taking over a california mission town. >> a drowning on the russian river raises concerns about rivers all across california. where rescues over the holiday weekend were frequent. >>> tonight on ktvu channel 2 news at 6:00. >>> a new new study baby area researchers are finding new looks at autism. the results show genetics only account for 38% of risk of autism. while environmental factor make up 62% of the risk. similar studies suggest autism is inheritable. >>> the

. >>> china's most popular search engine is challenging google and microsoft in another way, unveilede baidu browser features a treasure vault of 30,000 free apps, games and that can be attached to your home page. investors appear to like baidu's browser, shares closing up almost 3% on the nasdaq on tuesday. >>> at the same time google is trying to use its web browser chrome to develop a wide range of new ventures including the rapidly expanding universe of mobile computing. we sat down with eric schmidt, google's executive chairman to talk about the future and the challenges and opportunities in store. >> the revolution that is mobile has just begin. in all of these countries, especiallily in asia, mobile penetration is high and growing faster. the new generation of phones are so much more capable. we're going from a situation where the average citizen didn't have that much power to a point where they can know everything and they can organize very quickly. and that may bring down a government as in the case of the arab spring, but it may also just challenge vested interest and so for

like google earth, yahoo maps. microsoft. those are examples of on line mapping systems that can be used to find businesses or get driving directions or check on traffic conditions. all digital maps. >> gis is used in the city of san francisco to better support what departments do. >> you imagine all the various elements of a city including parcels and the critical infrastructure where the storm drains are. the city access like the traffic lights and fire hydrants. anything you is represent in a geo graphic space with be stored for retrieval and analysis. >> the department of public works they maintain what goes on in the right-of-way, looking to dig up the streets to put in a pipe. with the permit. with mapping you click on the map, click on the street and up will come up the nchgz that will help them make a decision. currently available is sf parcel the assessor's application. you can go to the assessor's website and bring up a map of san francisco you can search by address and get information about any place in san francis

he helped establish microsoft and google in asia.e is something of a legend the way bill gates and steve jobs are in the ad states. he has his own company called innovation were said incubates ideas from the men and women and the shepherds the best of those ideas to market. how have you been? >> very good. tavis: so these eggs, tell me the story behind this. >> we incubate projects. we want to help companies grow. these nests represent the company's we help maximize their chance of success. tavis: i like that. what does this have to do with innovation works and starting companies? >> we have young people. young people like to have fun. they're good at foosball. this is our second table. they wore out our first table. the little guys, broken down into toothpicks. we had to get a new one. tavis: do you play? >> yes. not bad for my age. tavis: this is a saturday. i did not expect anybody to be here. is this typical? or are they here to impress me? >> everybody works six or seven days a week. they want to. we do not demand it. this is th

like google earth, yahoo maps. microsoft. those are examples of on line mapping systems that can be used to find businesses or get driving directions or check on traffic conditions. all

in my opinion, google, microsoft, they are the only people who are extremely talented, educated, andreative. host: jon hilsenrath? guest: that is an important part of this story. banks' continuing to exchange, even after the recovery started. the fastest growing part of bank balance sheets in 2010, ironically, was treasury bonds and treasury securities. in 2011, it is cash. banks are not lending aggressively, partially because of consumer retrenchment. we have seen lending picked up for businesses. but bank lending to households is under a lot of pressure " because of everything we have been talking about. household became overextended in the 1990's and 2000's. consumption has them under downward pressure. talking to the banks, they will say that they do not have credit worthy borrowers coming to us. of course, the opposite complaint is that banks are not willing to lend. that they are just hoarding their cash. so, all of these are kind of holding on like a vice for easy credit. host: compared to what is happening right now, compare that to 1949. guest: in 1949 we were coming out of

google plus. >>> meantime, microsoft search engine is soon going to service china a year and a half after the rivalgoogle, pulled out of the country over concerns about sensorship. bing will now do web searches in english for china's largest search engine. the partnership is set to begin by the end of the year. china's largest search engine does handle as many as 10 million searches in english per day. >>> topping our health watch, a new study shows mammograms should not be treated as a one size fits all test. researchers say instead of using a woman's age as a factor, she should get a mammogram every year. doctors should consider her family history, the density of her breasts, and other risk factors. the study is set to come out in tomorrow's issue of the annuls of internal medicine conducted by the sutter health network and its lead author is a san francisco doctor. that report is likely to start debate because it challenges guidelines from the american cancer society and the u.s. preventative task force. >>> autism researchers say a study of twins released today will be a game changer in their f

being untrustworthy unless it is backed by a particular promise to have some major brand like microsoft or google or whatever. what has been lacking has been standards related to a customer of visibility to reason about the cloud. but we have some good anecdotal evidence that people will focus on a cloud for a living will do a far better job than you would ever if you were building your own i.t. system. a good way to think about this would be if you look back on wikileaks and what followed, it turned out they were hosting on amazon, and when amazon pulled that, anonymous launched an attack on a bunch of different web sites. everybody who was running their own data center was down in a heartbeat. so statement one -- if you are running your own thing, you will be taken out much more easily than if you are running as part of a much larger aggregated whole world that provider can defend the property much more rigorously. and goodness me, they care about defending it. but more importantly, through automation, you get to get an assurance that data is less accessible. so people will say to me that if th

where do you think microsoft is in relation to google, facebook or apple? high-tech hellhound. why did you call them high-tech hellhounds? >> that is from -- that phrases from a blues song. hellhound on my trail in the name of the song. microsoft always had a lot of competition but the competition today is incredibly fierce from the company's we already talked about. they are trying to fight a multi front war ended is hard to innovate. we get people to change their habits for their behavior. the inertia is pretty strong. if you want to change to a different search engine it has to be good and better than a social network or mobile phone platform. they are working in a number of those areas. i encourage them to get an idea now and then but it is a big challenge as it is for companies like apple, a challenge to come from not having a system to being a major influence in that area. that is the way of the land. >> host: microsoft is behind that? >> guest: enterprise and other areas, microsoft has a great position to be superbly profitable with great people but competing in all those

you have companies like google, samson and microsoft also interested.he key for any of those companies is maintaining long term rights deals to current shows on hulu like the office, daily show and family guy. >>> clothing makers and retailers have big decisions to make in the next few months. cotton prices have absolutely plummeted over the past few months down 38% this month alone after hitting an all-time high back in march of $2.15. that was more than double from several months ago. retailers have had to hike prices on clothing quite a bit in that time. now they have to decide whether to lower prices to help consumers or whether or not to keep profits higher after several lean years. >>> a couple of local companies reporting their earnings and they turned out to be better than expected. advance microdevices and sand disk are responding with shares this morning. right now amd is up almost 12%. sandisk is up 8%. the market is mixed. the dow is lower by 39. the nasdaq is gaining 5. the s&p right now is down by 3. grace and elizabeth? >> thank you, jaso

if microsoft doesn't comply, it will go the way of google, which is out the door.emember when google stopped censoring its searches. that's because of alleged hack attacks on its servers, targeting the gmail accounts of human rights activists. in 2003, it handed over personal data of chinese dissidents. microsoft will be keeping those stories in mind as it begins its partnership with baidu later in the year. >> ramy, many thanks for that. >>> what you're about to see is not real. it's the work of hackers. this tweet, disguised as one coming from fox news reads, breaking news. barack obama assassinated. hackers used the fox news politics account to put out a number of fake tweets. saying the u.s. president had died at vice president joe biden had taken over. hours after the hostings appeared, they still haven't been removed. fox news is the latest name to suffer a hack attack. on sunday, hackers attempted to breach apple's website, getting passwords and user names. these are just the latest in a string of attacks of the likes of sony to at&t and also, the cia. >>> t

microsoft. if you're google it's a bummer. a consortium made up of everybody but google was able to snap up a big pile of patents owned by the bankrupt sp nortel. patents that cover all kinds of issues in mobile. the cost, more than $4 billion. we're talking patents but think of patents as bullets in the battle for business. apple now has loads more than google. mark zuckerberg says get ready for something awesome. facebook about to announce something next week. we figure they are talking about an ipad app. we'll see. read my lips, no new taxes. amazon.com is not charging californians sales tax despite a new law requiring them to do this. we just bought this. here it is, the receipt, taxes to be collected, zero. >> are they going to face legal snx. >> they have to night out in court. amazon says this is constitutional. they may have a legal point. you're not going to ask me why boomerang? so why? because we know the boomerang company, sometimes third parties sell through amazon. it's in summon california not only are we in cal

: today mcdonald's reporting they brought in $7 billion last quarter and apple and microsoft and caterpillar and google, many, many more making many more billions and it has many wondering why unemployment is 9.2 percent. my guest says the companies have an obligation to hire workers and a democratic strategist joins me. you brought this up on fox business network and if you don't have fox business network, demand it, but if you did not have the opportunity to catch you, you raise an interesting arguments companies earning this money have an argument to hire people. why? >>guest: well, because the historic profits are being balanced on the backs of consumers and workers so what we see are companies--. >>neil: wait, wait, wait, why is that on their backs? >>guest: on their backs because when you have big oil with a 40 percent profit increase in one year in our gas prices going up in an economic downturn there is a moral problem here and i know they are not held to moral standards, the business. >>neil: does apple have the moral obligation siting on $80 billion? >>guest: the companies at least have an ob

instead we are coming together with one voice and it is google, does facebook and microsoft.erizon, at&t, costco walmart to all these folks that are involved in that effort. that is something that i think cyberbullying effort and model itself after. what message around this important issue as opposed to a whole host of efforts where maybe a little bit of attention is garnered but nothing at a high level. >> host: jacqueline beauchere microsoft read a quote i steve ballmer. is a big company we have got to lead on privacy. we have a responsibility, all of us, not just a socially respect the user but to build the technology that will protect the anonymity, the privacy and the security of what i say, who i say it tooto, where i go, what is important to me. given the recent hearing on phone tracking and given the fact that, if you happen to look at a web site and all of a sudden target the ads started popping up no matter where you go. there is a lot of concern out there about being tracked. does microsoft have the technology and do you aggregate your -- information that the infor

. >>> the federal government is warning microsoft, apple, google, other technology companies, to protectmer privacy or face regulation. the warning comes after a recent survey shows even when consumers ask not to be tracked by online advertisers. that request is only honored half of the type. the federal trade commission is proposed putting in a do-not track list, similar to the do- not call list. >>> this morning an electronic billboard is working normally after being vandalized. early sunday morning, a motorist called 911 after seeing a four-letter expletive flashing across the screen. civic center officials say someone broke into the building and hacked into the computer program that puts messages on the board. they suspect it's the work of teenagers. >>> muni is going to host a meeting tonight on next year's partial closer of the n-judah line. it will be closed for track repairs and other renovations along karl street. the $18 million project will begin in february and tonight's meeting will take place at the park branch library at 6:00 p.m. >>> hey, sal, you have everything under co

on sheer numbers, google has a lot of catching up to do. >> we have not mentioned microsoft yet. is microsoft the kind of secret winner in all of this? >> well, it depends on how they handle spec. the skype acquisition is still under review. we expect it will go through. only then will we know on what microsoft will do to improve or potentially screwup skype. the history on this is 5050. until we know what microsoft will do with skype and how they might handshake on that the facebook with deeper integration, it is kind of hard to say. we were disappointed by how i interesting this facebook announcement was. what they have done is to play catch up, they have not moved the ball forward. >> thank you very much for talking to us. >> thank you. >> now, to florida, where all eyes are on the skies to see if the weather will cooperate for the final launch of the space shuttle. this will be a bittersweet moment. we will have one member of the space program who has reveled in his duty. >> i just retired after 45 years representing the kennedy space center. >> the shuttle has cleared the to

on sheer numbers, google has a lot of catching up to do. >> we have not mentioned microsoft yet. is microsoft the kind of secret winner in all of this? >> well, it depends on how they handle spec. the skype acquisition is still under review. we expect it will go through. only then will we know on what microsoft will do to improve or potentially screwup skype. the history on this is 5050. until we know what microsoft will do with skype and how they might handshake on that the facebook with deeper integration, it is kind of hard to say. we were disappointed by how i interesting this facebook announcement was. what they have done is to play catch up, they have not moved the ball forward. >> thank you very much for talking to us. >> thank you. >> now, to florida, where all eyes are on the skies to see if the weather will cooperate for the final launch of the space shuttle. this will be a bittement moment. we will have one member of the space program who has reveled in his duty. >> i just retired after 45 years representing the kennedy space center. >> the shuttle has cleared the towe

microsoft. it's a huge bummer for google. a consortium was able to snap up a big pile of patents.hese cover all kinds of issues in mobile. the cost, more than $4 billion. and yeah, this is boring stuff but think of patents as bullets in the battle for biz. apple now has loads more bullets than google. mark zuckerberg says get ready for something awesome. facebook street anuns some new development. we figure it's probably think first ipad app but we shall see. read my lips, no new taxes. amazon.com is not charging californians sales tax despite a law that took effect today requiring amazon to do so. amazon told california state government to bug off. here is off buying a boomerang bright and early. 13/67. zero sales tax. why a boomerang? because they are sold out after company in southern california. we figured we'd make it as california as possible. and zero sales tax. >> okay. well, we'll see what happens with amazon. >> 6:24. a berkeley schools are toughening the stance on students who bring guns to school. and fireworks will fill the air around the bay area. will they be safe?

google has catching up to do. >> one company we have not mentioned is microsoft. is microsoft the secret winner in all of this? >> it depends how they handle skype. that acquisition by microsoft is still pending, still under review. we expect it will go through, but it will take time. only then will we know what microsoft will do to improve or screw up skype. they could go either way. the history on this is 50/50. until we know what microsoft will do with skype and how they might integrate with facebook, it is hard to say. in general, we were disappointed in the tech business by how uninteresting this face -- the announcement was. what they have done is play catch-up. they have not moved the ball forward. >> an awesome interview on an un-awesome deal. and you for joining us. not to florida, where all eyes are on the sky to see if the weather will cooperate for the final launch of the space shuttle. after three decades and 135 missions, this chapter of nasa history will roar to a close. for many who work at the kennedy space center, this is a bittersweet moment. we hear from one veteran of the space program who

google is in preliminary talks to buy hulu. it also says hulu is meeting with others including microsoft and yahoo. the site is partly owned by nbc comcast, news corp and disney. it's expected to do half a billion dollars in sales this year. >> susie: one company watching hulu closely is netflix. they're arch-rivals. netflix is the nation's largest video rental subscription company, with nearly 24 million people renting d.v.d.s or streaming movies and t.v. shows from the california based company. but as silicon valley reporter robin mcelhatton reports, netflix is still protecting its turf in the fast-growing video streaming market. >> reporter: netflix has been renting d.v.d.'s by mail for 12 years, but since it started streaming movies and t.v. shows over the internet four years ago, the company has taken off. it's stock has jumped more than a 1,000% in those four years. the latest quarterly earnings show income, revenue and subscribers are all up dramatically in the last year. netflix vice president steve swasey says the company will keep renting d.v.d.s in the u.s., but streaming is the future.