how do we address. there's great movements in the tech industry. men standing, you know, like software developers and saying, you know, how does sexism work, how are we part of it. let's look without shame or blame and be like, what's going on here. there's a bug in the software, and we need to fix it, you know. we inhearted the bug, and we need to -- >> your system might be a better way. people are coming together off the street society speak. >> yeah. -- street so to speak. >> yeah. >> i'm not naming schools specifically, but computer science is a traditional four-year school. there may be some inherent gender bias built into it that may not be there when it's just people essentially off the street joining a new organization. >> look. i believe that any institution in this country has gender bias built in. including that boot camp. we have our own gender biases. it's just are we willing to without shame or blame look and say, look, we have a problem, let's look at it, let's fix it. >> what skill do you think you'll be teaching a year from now? >>

how tech is getting even more personal at this year's consumer electronics show. first business starts now! you're watching first business: financial news, analysis, and today's investment ideas. good morning! it's wednesday, january 8th.i'm chuck coppola in for angela miles.in today's first look: stocks go into "rally mode."the market hit its stride on wall street yesterday with the dow closing up 106 points, the nasdaq, up 39.and the s&p marked its first gain of the year, closing up 11 points.gold fell 7 dollars.oil also had its first gain of 20-14, up 40 cents.the president of the san francisco fed predicts quantitative easing will come to a close this year. however he notes the decision will hinge on improving economic conditions above all else. in after hours last night.... micron technology shares went wild, jumping six percent, as the company beat wall street expectations in its latest round of earnings. while the container store dropped after earnings , due to high costs linked to its recent ipo. and... sony scores big. in the heated battle between sony's

i want to take a larger look at tech, how tech is influencing culture and politics and everything else but mostly whatever is interesting. >> congratulations on taking the two best jobs in technology journalism and thanks for being with us this morning. alex as well. thank you for making us part of your sunday morning. >>> yankee stadium, bronx, new york, the new york yankees have played in this neighborhood for 91 years. today the closest rivals in the nhl, 14 miles apart, on the banks of the harlem river. yankee stadium, the timeless cathedral of the baseball world. >> the bambino. >> speak that magical name today, and thoughts drift to, yes, hockey

we will also show you how tech innovators are taking the old and making them new again. l head to las vegas. >> bloomberg television is on the markets. here's a look at how markets are shaping up. the dow is down. the nasdaq is the winner. an unsolicited bid for the company. one stock we do want to highlight is the container store. wrong chart for you but container stores are having a rough day. they reported their first quarterly earnings. we will have much more on the markets in 30 minutes. more "lunch money" up next. ♪ >> this is lunch money on bloomberg television. we are also streaming live on bloomberg.com. today's moving pictures is the story. a tragic crash in england. the helicopter was a modified version of a black hawk. for u.s. crewmen were killed. no word yet on what caused the crash. this video is from iraq's defense department meant. it shows a series of airstrikes. iraq's army has been battling militants in the area. officials say these airstrikes killed 25 militants. 20 degrees never felt so good. 10 are climbing here in new york and elsewhere. at mass of

we will also show you how tech innovators are taking the old and making them new again.e will head to las vegas. >> this is "lunch money" on bloomberg television. today's moving pictures where the video hits the story. a tragic crash in england. the helicopter was a modified version of a black hawk. for u.s. crewmen were killed. no word yet on what caused the crash. this video is from iraq's defense department meant. it shows a series of airstrikes. iraq's army has been battling militants in the area. officials say these airstrikes killed 25 militants. 20 degrees never felt so good. 10 are climbing here in new york and elsewhere. at mass of frigid air moves out. it a lot of damage, shattering century-old records, tying up your travel for days. estimated 11,000 flights were canceled since the weekend. anybody up for a national day of pandora service getting a bit of a buzz. they are rolling out in car advertising. the service will run commercials from at&t, ford, and taco bell.>> these are very familiar with radio advertising. they are able to understand the importance of

another notable highlight was seeing how tech can help the paralyzed walk again. e that next on "bloomberg west." ♪ >> this is "bloomberg west," i'm emily chang. another highlight from our next big thing summit was seeing how technology can make the impossible possible. xo bionics makes a robotic suit that helps paralyzed patients walk again. it has been on the market for over a year. i spoke with their ambassador. he is paralyzed himself. here he is, demonstrated how it works. >> let's see what you can do. you're all suited up. how does it work? >> are you ready? >> yes. >> there you are. how does it feel? >> it always feels good to stand. it feels fantastic. i feel connected again, when i'm standing upright. >> how long does it take before you can take a step? >> i am ready to go. >> i want to see this in action. >> one foot in front of the other, that is amazing. when you first did this, went through your head? >> the first thing is how important it is to connect with the world at eye level. when you're in a chair, you are looking up. it is extreme important. th

we look into how tech is turning the experience upside down.s save microsoft's tablets?

we look into how tech is turning the experience upside down. and did the holidays save microsoft's tablets? web traffic spike, suggesting they are still in demand. and first, to the lead. the snap chat ceo stopped short of a formal apology. 4.6 million user names and phone numbers were posted online. they say in a blog post that they will launch an update to the app. the new version will let users opt out of the find friends feature. this is the future that was exploited to get all of these are details. the ceo also told "today" that they did ignore warnings about potential ballmer ability. >> we thought we had done enough. in a business like this, that is moving so quickly, you spend your time looking backwards and you will kill yourself. >> so, are they doing enough to quiet the storm? we have a special roundtable today. mark milian is here. also, jeffrey hayzlett. jeff, i want to start with you. would you call this an apology? >> it is not. they have ignored the three a's of pr. acknowledged, address, and a sure. it was embarrassing. it was

how did you come on board? >> i come from a hybrid of political and tech backgrounds. and hoff started getting passionate about this issue. we were talking for a couple of issues of how the tech community should be involved for political advocacy. it became clear immigration would come on the national agenda. we started talking and talk to josÉ. there really was a need for a group to come together. the basic premise is that this is a political challenge. the politics are challenging. we graded an organization that is bipartisan and practical and helping members on both sides of the aisle immobilize the tech community. maybe we can make a difference. >> talk about the personal challenges. i want to know where you feel you fit in here? what is your story? >> i have been here since i was four. being in high school and knowing that i could not get financial aid and go to the college of my dreams because i do not have the money to go was devastating. a couple of months ago, i launched a website where i plan to help students that are in the same situation that are low income

. >> later on jake ward will show us how tech companies make money with your data online. >>> now to cyber-attacks. stores and commerce at risk as hackers continue to strike. mark schneider reports. >> it's looking more like target and neiman's aren't the only retailers hackers are going after. cybersecurity firm intel crawler, says it has alerted other retailers about breaches. six that have not been named. it's the same type of software that was used to steal millions of customers information from target. >> atm, cash, that's it. i can't do no other way. >> you have an atm card but you don't use it at the store? >> i don't trust it, people can walk by the scanner and get your information. i don't do that anymore. >> a cybersecurity firm out of dallas isite partners, said it began noticing the malwear. sends out the stolen information and deletes the files but the firm won't say if that specific information attacked target neiman's or other retailers. characterize a new identified malwear associated with point of sale investigations, they put out an information to retailers on how t

how about the buy techs? did you see alexion today?company just reported one of the quarter's biggest beats. a treatment for super rare disorders that can command incredibly high. rallied 78% since we highlighted it last april. up 4% today thanks to its launch. a drug that's doing quite well. or vortex with that revolutionary drug and a good hep c drug. if they're scheduleded to hit by $15 earnings number, then i suggest it could happen in the book. i've been telling you that's absurd. the ceo, one of my bankable 21, he's worth betting on tomorrow. companies that make acquisitions to ruinous competition. take the new american airlines. this stock was up nicely again today because the ceo told us last night, the industry is finally being revolutionized. the play on the natural organic theme, up because of an increase in same store sales. they were the winners today and they aren't done winning. if you want to know more, i'm going to talk about them at my get rich carefully book signing next tuesday in union scare. as many people have as

. >>> some big tech firms reached an agreement on spy firms. it settles how much tech companies will be allowed to disclose to the public about the nsa's phone and internet recordkeeping on u.s. citizens. >> back to the top story. apple, our guest tonight owns shares of the company and says he's adding more to the portfolio. he's john stevenson, portfolio manager. john, thanks for joining us. you know, everybody this afternoon was talking about what is wrong with apple and it's stock was selling off, and you're adding to your portfolios, what does apple have going for it? >> pretty much everything. the stock is cheap. that's the first thing. it's trading at nine times ex cash versus the overall market of 15 times and tech sector 13.6 and if you throw in the implications of cash, you're at 12.7 times or so, so still cheap. it's got early days with china, brazil, india so emerging markets are a great story. it hasn't done anything in enterprise, plus it has a ton of potential. it's got 575 million customers that they can tap into new services or additional offe

is allowing tech giants such as apple and google to disclose more information about government orders. companies are allowed to say howcounts for studied and whether the contents of user communication was sought. coming up, the latest breakfastthrough in renewable tech. we'll speak the c.e.o. of oxford will join us. president obama will deliver his state of the unionard this evening. we'll bring it to you live here on bloomberg television. ♪ >> welcome back. good morning, everybody. you are watching "the pulse." today's innovation in renewable power. they can ulates generate enough electricity in one day to power all of the ipads. how complicated is this technology? what are we talking about? >> it is nanotechnology. in detail, it is complex but in application, it is simple. it is something we coat on to architectural glass. >> you a piece of it here. that looks like a regular piece of glass. your tech is sandwiched in the middle of two glass panels. >> one we coat with very regular coating process. then we seal it with another sheet of glass to protect it. >> how efficient is this? >> we have had cells in the lab ove

. >>> coming up how high-tech eyes in the skycaptured the aftermath of a train derailment. >> we have to stop this wild west show. >> the bullet holes the evidence of violent crime. how a panicked intruder nearly killed an 81-year-old woman. ...it's not caused by a heart valve problem. dad, it says your afib puts you at 5 times greater risk of a stroke. that's why i take my warfarin every day. but it looks like maybe we should ask your doctor about pradaxa. in a clinical trial, pradaxa® (dabigatran etexilate mesylate)... ...was proven superior to warfarin at reducing the risk of stroke. and unlike warfarin, with no regular blood tests or dietary restrictions. hey thanks for calling my doctor. sure. pradaxa is not for people with artificial heart valves. don't stop taking pradaxa without talking to your doctor. stopping increases your risk of stroke. ask your doctor if you need to stop pradaxa before surgery or a medical or dental procedure. pradaxa can cause serious, sometimes fatal, bleeding. don't take pradaxa if you have abnormal bleeding or have had a heart valve replaced. seek im

acc, virginia tech. how about this play? it is the name game. a big-time play. a big-time finish. duke is in the house. kobe is in the- house. 17 points. duke gets its first acc road win. 57-46. for football fans, a lot of folks are speaking of the snow. a lot of folks are discussing whether a cold-weather city should have the super bowl. is richardtory sherman who apologizes for taking the spotlight off of his teammates. >> if i had known it would blow up like that, i would have approached it differently just in terms of the way to go away from my teammates a great game. i was showing passion. maybe things might have been immature or worded better. i was not committing any crimes or doing anything illegal. at the's is yelling shermanator. >> yeah right. >> and japanese righthander. raiders cheerleaders are suing. failing make a certain amount per season. they said to withhold the payment. >> now they are suing. [laughter] >> you are so bad. [laughter] >> an online charity auction is getting a lot of buzz. one lucky winner will get a date with george clooney. we went backstage wit

how tech giant following up the purchase of animal robot creators.ust as creepy every time i see it. a week-long look at super stocks and make money on companies advertising during the super bowl. that and owe so much more ahead on this super hour of "markets now." guess what, the dow is in the green. how about that? get straight to ttese stocks. go down to nicole petallides on floor of the new york stock exchange. emerging market fears are continuing to rattling the markets but we're hanging in there. >> there is a lot of focus on emerging markets last week or so, definitely. turkey obviously pulling an emergency meeting there. dow jones industrials back into the green as you noted. now up 14 points. about 150-point swing. started off in the green and moved up to 15,938 and swung into negative territory down into 15,783 but caterpillar helping along. nasdaq down 3/4 of a percent and s&p down .2 of a point. caterpillar came out with quarterly numbers that beat analyst expectations. they gave a good outlook for 2014 and all buyback announcements as we

it will be interesting to see how the tech industry response to all of this.-re is clearly a bunch of there are good reasons to let the nsa in and bad reasons. end of theata at the day, as consumers. >> when you look at the reality of securing systems, how realistic is that? the companies are coming threat the moment saying, we are in the security business. it strikes me that there will be never -- there will never be anything 100% watertight. >> you have a group of people trying to exploit the systems and a group of people trying to defend the systems. who is more dance? we all defend our computers, but as all of these services go into the cloud and the hackers get more brilliant, finding exploits around the services, they can do a lot more stuff. the next generation of security equipment defenders will defend these things. they are not going to defend every system out there. >> i have a burglar alarm on my and my neighbor does not so the burglar will go to their house. i can spend as much as i can, but it is really a deterrent. >> if someone wants to get int

invites. >> and this is not just a google thing, you're trying to make toronto into a wearable tech community. how much do you have? >> i own about ten devices. smart watches, and activity trackers, and a smart sensor and this google glass. there's a lot more wearable tech out there. but 2014 is when we see a slew of devices come to the market. so this is definitely a year for wearable tech. >> for people watching, and they know what google glass is, but not how it affects your life and what you do with it. give me examples of how it affects you. >> there are things that i really love about going to the glass. you can take a picture, hands free, and i can still look at the subject matter, instead of whipping out my smart phone, i can take video, and i can take a call and a text. so there are a lot of things that your smart thing can do that have kind of now moved up here to the screen. but what i really love about google glass are some of the apps that have come out. i was playing this game, it's google's version of thinga, and i can see things and flip them with my lands like a ninja. >> in the p

how does the transformation here fit into our vision so far the high tech in san francisco and how did the health incubator fit into the plan >> first of all, i wish everybody a happy new year. it's a wonderful time to be here in 0 san francisco. to personally congratulate haley and joel for your wonderful work. there's one more site missing when willie brown offered the site and my predecessors naumd took over and put stem down here in signaled some hard things there's one more vision besides the railroads that was my driving rank rage you i range you would have seen me there i'm imperfect my golf shot. willie came and said we've got to change mission bay you need to a head up the mapping by the way, he building if i build it they've come. he already saw not only the idea of having a new sector on health care but with company but when gavin took over he invited stem to come to the center and that really signaled a ground work with usc f now we have bio life companies 50 in mission bay are bio life scientists science. we have some at gladstone and terry at bear and others. you've got 2

how do you see this, you're still following tech. head a tremendous run. o would i be to question the wisdom? they are 100% right about this. this is a concrete example about how this trend relates into the real world. >> all of us are using social networks today. there are 60 different social networks. we talked about twitter and tumbler. there is plenty of different platforms and there is a lot of data on those platforms. today, people have not used that data in an actionable way. this allows it to be analyzed. people can make trude decisions around that data. does the company provide that? they do not want to go through the entire twitter feed. data saved gets new pieces of data -- 3000 new pieces of data per second. they want to know what is relevant to them, whether it is sports related or company related. they get the data they need that is relevant to what they needed to do. they can be other types of decisions as well. good data andas it is the way that it is analyzed and organized that makes a difference. we will continue the conversation after thi

people are angry at how new tech jobs are driving up rent. >> cities have to do a better job planning what they allow to come in and what -- if their infrastructure is not set, then you have problems. >> you know, that's one of the big debates in the bay area, trying to plan, quote, unquote, for growth. if the company wants to come in, you want the job, you want the money, you take it and figure out what to do with it afterwards. the idea of saying no is you have to these days. >> it does seem like that. it also seems like we need a regional approach to this. this is extending inland. >> it is. >> we're going to be talking about the bart system, what are is ahead, coming up in the next half hour. >>> in the meantime, it turns thought weekend's bitter cold weather in much of the country is only the beginning. the latest frozen blast in the midwest and northeast. >>> and the sad over jahi mcmath, the oakland girl on a press pray or the after being declared brain dead. we're going to hear from the attorney coming up. ,, ,,,,,,,, get even colder in a wide s of >>> let's take a look at you

how tech that would be able to work with other agencies? will the nsa listen to it? i think it probably will. it's a winner for general clapper and company. >> go ahead. >> ring the microphone over to gary. just very quickly to say that i think one sort of comment on how they bureaucracy operates is, they bureaucrabureaucra cy is going to be under a lot of scrutiny. just to pick up on and choose point about the idea that the commercial interest will be brought into the decision-making enabling except that will be a good thing for u.s. power more generally. but it's more important in this area perhaps than others because the private sector has to be convinced that it is really happening in fact rather than just in theory but and if they don't they will engage and the u.s. government will be not able to operate through the soft powers that the u.s. tech sector delivers. that's going to be really important in delivering some of its national security objectives to the internet. similarly i think the international community will be watching some of this very closely. i th

people are angry at how new tech jobs are driving up rents. >> cities have to do a better job in planning, what they allow to come in and if their infrastructure is not set then you have problems and then they try to put band-aids on things and that doesn't work. >> we talked a lot about the boom in san francisco and how it's affected housing prices here but it is really a bay area-wide problem. seems like it needs a regional approach. >> for years we've been looking at reports and studies about how to manage growth. then you look at the reality and they just don't match up. face it. it's san francisco, for example, experiencing probably a population surge that it has not seen since the great flight out to the suburbs post world war ii. people are coming back into the cities. that was not necessarily planned. immigration, that was not necessarily on the books years ago. and now people are starting to look again towards the central valley because the main driver is affordable housing, the kind of house you want, it may be miles away and people are starting to look back at the area and say

she shows us california's hi tech grapes - how science can achieve perfection in a glass. i'm phil torres. i'm an entermologist and i'll show you the spiders i found in peru. and how scent affects jaguars. that's the team, let's do some science. hey, guys, welcome to a fun week of science in the field. kyle, what is happening to the bee, how can we save them? >> bee populations are diminishing around the country. i wanted to find out why. i travelled to the heartland of america to find innovative ways to find technology to save the bees. late summer in barrett minnesota it is usually buzzing with activity. i think we are ready to walk down to the beehives. >> the midwest is known for the commercial bee industry. we have empty boxes not filled with honey. nothing. >> bee kooepers are witnessing an alarming problem. how many bees are we losing? >> the losses are avt ron omic am. i lost 65% of my operation last winter. we look in the ground to see if there's dead bees on the ground. most people in the u.s. would be happy staying away from the honey bee. >> they are critically

tech companies. up with onen caught l.a.-based giant about howt is using technology to rewrite their roles in hollywood. john is with us now from l.a.. hollywood in the world of silicon valley and technology are very close right now. ryan kavanaugh is a really heeresting person in l.a. started in the hedge fund business and then started financing films. question right now that there are new technology firms. does that make it easier to make >>ey in the film business? what we're seeing today is probably the single greatest demand for content. creation content between netflix and google and now you have at&t. from everywhere you look, whether it be traditional suppliers, over the top suppliers, digital suppliers -- there is content friendly. opportunityed an where we can give the content that the consumer once over the platform they want to have as the cost they want. other studios are still stuck in the legacy of putting this out moreay and a little bit potential. >> what is the deciding factor to whether you go to one of these first? you obviousl

. >> we have seen a number of waves of tech year in new york. howould you describe this current one may be compared to the last one? >> it seems like it goes in waves. it would get built up and go away, get built up and go away. i think this version is built to stay for a while. we have had multiple generations of entrepreneurs. it has really helped companies grow and be successful. >> i think the number of startups hit the five-year high last year. you do not often see a startup in new york break into the multi-billion-dollar valuation category. you know? is there something that holds companies back? we were just talking about branch. facebook. tumblr. >> i do not think it is holding back. i think it is a matter of time. if you compare the new york scene to the valley. the scene in the valley is decades-old. new york may be a decade old. i think when you get more companies in new york -- between tumblr and etsy and mongo -- there is plenty of opportunity for those things to grow. >> you are seeing more companies set up shop in brooklyn as opposed t

she shows us california's hi tech grapes - how science can achieve perfection in a glass.i'm phil torres. i'm an

what a difficult acquisition this was for google and how much money they wasted but also you can make the argument. has there ever been a great tech merger? >> you know how many courses at stanford business school they probably come around they still don't know? >> it also shows the misunderstanding the world of patents. thinking owning a lot of patents was a good inca protect you from patent lawsuits. -- a good thing to protect you from patent lawsuits. because of the way the court system works, when you buy a company with a lot of patents, all you are doing is putting a bull's-eye on your back and getting more patent law and not less. >> there are about 2000 patents and the price tag is $3 billion. joining us now, andrew blum, a n author of "tubes," the connections of the internet. i went to get the actual subtitle right. a journey to the center of the internet. it is the first book length look at the physical infrastructure of the internet. i know we will go through microsoft and talk a little bit about facebook, but what do you think about a deal like lenovo acquiring motorola mobility? >> again, we are faced with this questio

lovely to see you. >> nice to see you. >> how did your background as a tech m&a lawyer prepare you tonch and run giggle? >> i was a business person before, and it made me better equipped. there are some nice secrets to have had on the mna syed -- command a side. you are raising money. to bea unique advantage an entrepreneur that does not feel scared by that side of the equation or unfamiliar with what investors need. >> how did you know there was room in the market for giggle? you did not do this on a whim. others say i started this, and i thought it was a good path, but you had a big vision and built up to that. brandome my job as a marketer, so i did research. i had thiso, when hypothesis, i found three compelling things that are still true today. the average parent is older than they used to be. a 30-something is a different consumer than a 20-something. two there are a lot of things you could sell a parent. , most places have a model of showing you everything that is out there for the cheapest price, not the best way to invest in this stage of life. >> you try and succeed with a s

how many tech employees are saying show me the money right now? josh knows and has that story. hey, josh. >> some just can't wait for that ipo. see what they're doing to cash in right now, that's next on "power lunch." aflac! aflac! got 'em. ♪ yeah, he's clean, boss. now listen to me, duck. i have an associate that met with, uh, an unfortunate accident. while he's been incapacitated, somebody's been paying him cash. now, is this your doing? aflac? now, if i met with some such accident, would aflac pay me? ♪ nice. this is your stop. [ male announcer ] find out what aflac can do for you and your family... aflac? [ male announcer ] ...at aflac.com. ♪ ♪ ♪ [ tires screech ] chewley's finds itself in a sticky situation today after recalling its new gum. [ male announcer ] stick it to the market before you get stuck. get the most extensive charting wherever you are with the mobile trader app from td ameritrade. everything looking good. ♪ velocity 1,200 feet per second. [ man #2 ] your looking great to us, eagle. ♪ 2,000 feet. still looking very good. 1,400 feet. ♪ [ male announcer ] f

>> there is nothing that would lead us it is not there. >> i can understand how the tech ,ompany ceosbullish everyone enthused to be disposed misses -- businesses. if you are on the board of blackberry, how do you advise someone like that to have their troops come in every day and want to kick ass, at a company that everyone dogs on day in and day out? >> i don't have an answer for blackberry, but the most important thing a leader can do is to be honest and open with the people of the company about, here's the problem we've got and here is how we are going to solve it. here is what we're going to do to get to where we've got to get to. you have to be an inspirational speaker, a great communicator to provide that leadership. juste worst of situations, like at aig, you can get the people excited again. i think one of the things you're talking about, japan, one of the things that abe has done, he has the japanese people excited about their future from the first time in two decades. that is in enormous achievement and leadership. >> gary, how do you do it in an industry that has changed?

. >>> they are now telling how much new tech companies will have to pay under this new plan. >> it iso be battled out. >> reporter: supporters say it will add more than $1.5 million and they say they should get more to help maintain its bus stops but it offers suggestions to shuttle riders who want to speak at today's meeting. they encourage riders to say quote, i support local and small businesses on a local business or i urge the board to adopt it pilot plan as a reasonable step in the right direction. we will try to get reaction from folks to see if they think a dollar is enough for these tech companies to be paying and we will also find out more this afternoon, tara moriarty ktvu channel 2 morning news. >>> san francisco 49ers will have their final news conference as they prepare for next year at their new home. as we showed you, we will say thank you to a great season even if they didn't play. >> way to go guys, time now 6:39 the fate of the hock did i team is on the line and a big decision may come as early as today. >>> live at fso where the weather is dry and clear but if you