i.t. business in the internet is that they regarded internet as a whole and were ready to invest wherever it wherever they saw that that there's fish in this one while you took like a little little need and put all your all your intellectual abilities into the small to the small sector is that right yeah that's correct and that's basically called social influence everything revolves around social so. are you sure that even today the future of the future of business the most money you can make in that lies in the social networking is a going to change well we view it as a big trend for the next five ten years and we believe that social is going to be the underlying platform and a lot of internet businesses will be rebuilt around social. well. calculation is good but still i think there is something more than calculation because lots of people have good teams lots of people can calculate but i think there is something about your intuition that maybe just because for example of all those trying to make their fortune online as far as the statistics say less than five percent of eventually suc

people are worried that business investment in i.t. is going to be pulling back. so the news is bad from so many angles. that's why wall street has taken a pummeling today. >> there are so many companies taking a big hit today including hp but they took a bounce as reports that there could be some changes coming for them. >> reporter: big changes. hp, one of your iconic pc makers out there, reported to be selling its pc business. now, hb is not commenting on that. it's reporting its earnings after the closing bell only told me to stay tuned to the closing bell. there have been reports -- bmo capital analysts said yesterday that hp should sell its pc business and there are also reports that hp is interested in buying an enterprise software company called automatom in england. they say they are in talks with hp. we could find out what hp does. pc sales have been weakening in the face of tablet and smart phone sales of late. >> well, we still have a little time. hopefully. >> reporter: we'll see. maybe that late bounce rally. >> thank you, jason brooks with kcbs and

i.t. dot com forward slash business for more on these stories join me in fifteen minutes time we'll have the latest market scores for you and the latest analysis on the situation after the s. and p. downgrade us under. the big. wealthy british. market. what's really happening to the global economy. me with max conjure for a no holds barred look of the global financial headlines tune in to kaiser report on r t hungry for the full story we've got it first hand the biggest issues get a human voice face to face with the news makers.

i.t. dot com forward slash business for more on these stories join me in fifteen minutes time we'll have the latest market scores for you and the latest analysis on the situation after the s. and p. downgrade of u.s. open that. it's wealthy british. split. markets. find out what's really happening to the global economy. with mike stronger for a no holds barred look at the global financial headlines. hungry for the full story we've gone to. the biggest issues get a human voice face to face with the news makers. at four thirty pm time these are the top stories from our global market fever stocks yoyo around the world in reaction to the u.s. credit rating cost and the spreading debt crisis europe's stock markets are once again in decline despite the central bank promising to buyouts baddish and italian government bonds. anarchy in the u.k. parts of london turned into a battlefield for a second night as rioters and looters react to a fatal police shooting thirty five police officers were injured and over a hundred and sixty people arrested. and it's three years since georgia launched an attack o

are doing in spinning off p.c.s-- are really much more interested in selling to businesses, selling toirnt meadearies, like i.tpartments. steve jobs calls those orifices. he's much more interested had designing something for the actual consumer, whether they're in a big company or just a family. and that-- and he's a perfectionist about it, and he surrounded himself with other people who are just laser focused on that. the other thing, ray, i think is incredibly important, is they don't just make little innovationed based on market research. they take big risks and make big bets on what they think the next thing people will want is. >> suarez: this doing so, created, charles, one of the most valuable companies on the planet. in his rez alation, in his preparation to leave, what has steve jobs done to keep it that way? >> well, he's put people in place who share that same vision, the people like jonathan ive, who is responsible for their designs, and scott forestal, on the i.o.s., the software that runs the iphone and the ipad, and phil schiller who runs market ago all of these people really share that devotion

i.t., a childhood obesity, high blood pressure. we have been trying to figure out ways along with our prescription business, what we sell to help people leave a healthy lifestyle. this is our first one in northern california. a lot of places are underserved. hopefully this will serve the community well and give the folks in the area the ability to buy healthy foods. with that, i will turn it over to the mayor. >> thank you very much. i'm here because i support a lot of the things, especially in the supervisor's district. we're interested in being healthy. we approach it in a different way. i approach it by trying to eat healthy foods. you can ask him what he is running for. anyway, the management, i would like to thank you for creating the very first oasis right here because it is important. bayview for many years has been very hard to get choices. the choice of good and fresh foods in your community. so, this surprised me. so the people associate with walgreen's said that we will open up the very first and increase in expand our operation in the city. food choices and healthy choices are needed. we need this year and we need it back

i.t. organization within the city, and to your comment earlier, it is something we face everyday, a challenge we face every day. leveraging legacy. respecting legacy, yet implementing technology to meet the needs of the business of the city and the needs of the constituents within the city. >> thank you. having a question for you or -- when you say cloud, there are multiple model ser -- models. let me simplify them. one is instead of building your own data center which companies would do 10 years ago and build your own computer room at generators and air conditioning, you use an outsourced professional data center. that is one move to the court, which is one move to the crowd. the second model, which you have actually used to set up a mass of private club, where you can now provision servers on demand for your constituents within the city. in the context of a government with the compliance issu

prospects for their business in the near term and have already reached the level of capacity they have with their current workforce. the best place to be from a skill set perspective is in i.t. engineering and finance. it's the area where the labor supply is the thinnest. so we're really looking at more like a 4% unemployment rate in those skill sets as opposed to the 9.1 average. >> let's talk about the skills that workers come in with, the workers that you place in these jobs. what do you see if somebody's watching this saying, i'm ready to make a switch into something. what would you tell them to do? >> i'd go back to the professional skill categories as the best sectors to focus on. in terms of the job search, most of the permanent jobs that are being added today are coming from temporary and contract assignments. so what i'd say is in your search process, don't be afraid to step out and engage on a temporary contract basis. use it as an opportunity to prove your skills and the value you can bring to the organization. that can very well be the best path to a new permanent job. >> explain that to me a little bit more. if i'm coming to cnn and there's a staff job there or

business experts and extending $18 billion in credit last year. that's how we're helping set opportunity in motion. but my data is doubling. and my servers are maxed out. [ male announcer ] with efficient i.tons from dell, doug can shift up to 50% of his technology spend to innovation. so his company runs better, and so does doug. dell. the power to do more. like a ramen noodle- every-night budget. she thought allstate car insurance was out of her reach. until she heard about the value plan. dollar for dollar, nobody protects you like allstate.

i.t. skills, hewlett-packard is the place to be. they encourage you to try different jobs. the culture is you're here to learn. learn the company and learn the businessnd the salary range is pretty decent as well. >> it is. look, at&t is about to be the number one wireless carrier in the united states. they're acquiring t-mobile u.s.a., $39 billion deal by the way, folks. the fourth largest company by market count. they're everywhere. and most of the positions right now, texas, new york and california. again, they're really trying to build out their coverage. not just land lines but the iphone was one of the big boosts for this company and the range is pretty decent for at&t. depending on the skill level. >> bring us to a family-owned company with the recent merge with pilot travel called pilot/flying j. >> it's a family-owned company, it's travel centers and restaurants. you're on the road. you're with the family. everybody is hungry. somebody is in the back yelling are we there yet? this is the place where a lot of families like to stop throughout the country. they've got 550 locations total. they're looking for managers, retail associates, folks t