and zuckerberg says some of the best ideas have come from hackathons including time line.wants more of them. the idea isn't too far fetched. companies long championed the hacker mentality. before building apple steve jobs sold so-called blue boxes bypassing the foin company to make people make free phone calls. some followers say zuckerberg is just following in their footsteps. and facebook is famous for his hackathons back to his first employee hired as depicted in the film "the social network". as for other tech news, problem sony has gotten a lot worse. this morning sony more than doubled a forecast of its annual loss for the fiscal year and will be the fourth consecutive annual loss from sony, worst run of luck the company has seen. and aol's huffington post says it plans to create live programming that will be seen on the huffington post and aol web sites and on televisions via sony play station and devices from roku. the network will feature news and comment teary based on content from its companion web site. stocks, little change. dow couldn't seem to pull through.

this saturday, i get to participate in our cities first -- city's first hackathon to fix our taxis in the city. we are getting ready for america's cup. [applause] we have to be able to at least get taxis to where people need them, so they can get around the whole city. the dispatch has been plagued with munich cannot do this and taxis cannot do that. why not use our spirit of innovation, our peerless ability to disrupt our cells, and get ourselves into a culture where we invite technology and hack away at the solution? i think days after that saturday, we will have solutions to get taxis to were ever people need them at whatever time they need them. that is how we figure out problems in san francisco. these three announcements are part of my 2012 objective in the innovation portfolio. i am excited to announce those tonight. i am excited for the 20 nominees tonight that will be winners. a great start, great support for you. you are listening to a mayor who is excited to work with you and make life more convenient, more efficient, much richer, with the information and technology solutio

most of our workers think hackathons are what you want to do it if you want to go to jail. finally, we are engaging in a community that has been engaged all along, but a community that has been innovating in a sector that has been doing extremely well, but one that we want to bring your best ideas and talent also to help us with city government. we have a new generation of leaders at the border supervisors, a generation that really gets it. 10 days after jane kim was elected to the border supervisors, i called her as she was heading off on vacation. we talked about the fact that there was a company called twitter that we needed to figure out how to keep in the city. weeks later, we were standing together to figure out how to do that. a couple months after that, mark farrell and i were talking about a tech crunch article that talked about the ludicrous stupidity of a city that enjoyed taxing the stock options of technology start-ups. that has changed. christine olague has worked with low-income communities for years, and i know she is very committed to figuring out how we ma

many stem from this hackathon and it could be a good source of revenue.ccording to consulting firm advisors, two dozen companies have come up with new inventions working off facebook's invention. and there is its own lawsuits and face book's decision won't make anything easier since going public, there is more patent lawsuits. >> thank you. >> and we're seeing changes in the forecast. >> you're smiling. >> and the funny thing is that heavy rain is coming overnight. i might get up just to go out and experience this. >> it's exciting. yes. >> there is a live view now from our camera. and there is what a sky. take a look at the clouds. it's interesting. and here is why. looking at live doppler 7 hd. just hours way from later tonight and overnight. mild and there are readings into upper 60s in spots. 66 in mountain vu. 66 in livermore. 60 here in san francisco. temperatures going to drop and there is heavy rain overnight. and tapering off to showers into afternoon, will be dry, mild the rest of the week. so one wet day out of this system. there is rain arrivi