sports is on deck. >>> oreck kell's ceo larry ellison now owns every hotel room on the island len nye. the hotel was built in 1923 for dole plantation executives. its former owner and operator said it was hard to compete with the other hotels ellison owned. >> monterey boaters are being warned to keep their distance from hump back whales feeding near shore. staff received reports of vessels including battle boards and tie yacks moving could -- kayaks moving do close. sanctuary officials advise boaters to stay 100 yards away from the protected species and warn those who injure or harasses the humpbacks will be fined. exasperated by the fact a lot of people are heading to the coast to escape the triple digit heat but today a little cooler, right? >> cooler inland but at the coast, still cloudy. you can see with live doppler 7hd, and the clouds will start to spilly. we can see it with this live shot. oakland, 64. san carlos, 73. san jose, 72. gilroy, 81. half moon bay, 59. from the golden gate bridge you seal the sea breeze pulling in clouds, and the temperatures in the 70s in santa rosa

. >>> oracle's ceo larry ellison makes a pair law in hawai'i and became the owner of every hotel room on an island. >> a look at how much water people like options. sayi, when you take geico, you can call them anytime you feel like saving money. it don't matte computera use your computer, your smartphone, your tablet, whatever. the point is, you have options. oh, how convenient. hey. crab cakes, what are you looking at? geico. fifteen minutes could save you fifteen percent or more on car insurance. >>> a nuclear power plant in southern california will be taken apart but it's at a huge price. according to a plan from so-california edison dismantling the san oknown plant will cost $4.4 billion and the radio active fuel will be held at the facility. the ceo says the company has plenty of money to pay for the project. >>> l.a. crews finish major repair objected the nearly century old water main that burst, spilling 20 million gallons of water on ucla's campus. take a continually running faucet 15 years to release that much water. it will now be reinforced with concrete blocks and extra st

. >> first, what do zuckerberg and ellison and larry page have in common in they lost hundreds of millionsven billions in millions and even billions in the last two weeks. we keep weather and traffic up we keep weather and traffic up through the entire sure... you bet! that's our new interactive speaker wall. 'sup? thinks it's a speak-ing wall. this can even dim your lights. your 3-d-printed girlfriend will love that. real mature. there you go. a laser drone for cats. i wish i had lasers. i don't. pew pew pew... the new radioshack is finally here. the store of your past is now the store of your future. come see one of our remodeled stores and get a free portable power charger with a $15 purchase. >>> covering walnut creek, burlingame, campbell and all the bay area, this is abc7 news. >>> happening today, the final clean up for the outside lands music festival in san francisco. >> much of the dirty work has been done and now the heave lift ing. amy hollyfield is at golden gate park with the clean up and the hits and misses from the event. >> it took a week to set this up. it will take a few

day,2 stefrpbt 270 million valud the next day microsoft comes out, and 700 million valuation, larry ellison goes nuts, and it has been on since then. if regulation comes in, it gets s s taxis involved, if they would smart they could say we could both win this, let's take this sector. >> a lot of people are calling for uber to acquire lyft, but uber -- lytf saying that uber called and canceled hundreds of thousands of rides then after calling them in i love competition. >> let them tear their heads off. let's go down. they are genius. shave the stash. i think they -- >> lyft puts a blue mos mustachn the front of the car. >> this will brin the government involvement. >> they are involved. >> really involved, overly regulateed. >> i think it will help them, you draw in so much attention, people had no idea who lyft was. charles: it will help consumers, they will lower prices, do whatever they have to do, and at least in meantime we'll benefit. >> i don't understand where uber will not acquire lyft . >> it's early. >> 18 billion dollar valuation next to 700 million,. charles: woo say big deals.

they've been told by larry ellison and others that, hey, it's okay.e leap and make a big investment. and so as that happens, sales force has the distribution mechanism. they have the model, the sales model, service cloud and the marketing cloud, and the customers are making big purchases. >> so everybody has been talking about the cloud. you just mentioned that. what is it about sales force's execution and product portfolio that makes it so complimentary not just for the core cloud business but some of these newer companies like exact target which we just heard jim cramer talking about with benioff. >> if you go back to where the company's roots came from, i mentioned sales force ought mace, that's putting the right information in the right people's hands. that model is becoming more automated so how do you get the right information whether it's a marketing message or a b to b type of message. more automation, exact target you mentioned is a great way to fold that in because it's taking a lot of very heavy data, sophisticated customer data, and wrappi

think about larry ellison. >> hundreds of millions of dollars.le shares and stocks and loans against his oracle shares in order to fund his passion. he dumped hundreds of millions of dollars into it. he owns samurai weaponry and armor, which you collect at his house. he owns a lot of real estate from alec who to newport to rhode island to lake tahoe. he is dumping it into the things he cares about. most billionaires make their money and work until they die. some billionaires discovered they actually have to go out and do passionate causes like bill gates and philanthropy. paul allen. you look at steve ballmer, he made the assets paul allen owns a lot more valuable. if you look at the seattle seahawks, portland, both are worth more now that ballmer has paid some much for the clippers. >> they have to be incredible he high charged an incredibly driven to have been as successful as they have been. backo you suddenly scaled and say, i will retire now. >> i do not think that is the fact. him getting involved with the clippers is a full-time job. he wi

. >> it is being produced by larry ellison's children. >> it is shot in san mateo county and in san franciscomovie is being filmed in new orleans. >> according to the chronicle, somewheres somewheres said the tax credits are there. >> this marks the 67-year-old actor's return to the screen. he was serving as governor and was not in terminator four. >>> there was as join operation with chp. >>> part of oakland is blocked off after someone is shot by an alameda county deputy. >> a police spokesman is on the scene now. >> coming up. >> the new details we are learning. >> gray skies this morning. and patchy drizzle and chance for shower assist on the way. >> i will update your conditions. >> when you can expect and detail this to a muggier, moistier -- moister pattern. >> neighborhood shut down in oakland after a deputy involved shooting. what we are learning about the investigation coming up. >> an investigation in a playground in concord. a woman found beaten and left in a blanket. >> and a state of emergency declared for california as firefighters continue to battle the 17 wild fires burning a

talk to ellison barber, staff writer of the "washington free beacon." thanks for joining us. we'll get to the prescription larry summers talks about. let's get to the problem. when one of your former economic advisors is saying you hit the second term wall this president has really reached those second term blues, hasn't he? >> we see hillary clinton as well. hillary clinton and larry summers says if you criticize the administration, administration we were part of, now is probably better time. he has low approval rating on foreign policy and overall. the time to do it is now. i read the larry summers article thought it was more of defense than criticism. what he is saying some way the problems he has now are not entirely his own fault and maybe not related to his first term policies, hey, look, going back to fdr this is problem they all have. this the nature how it is. this is offering an excuse to some degree for the problems this administration is having right now, saying that is the nature of way things are. correlation is not necessarily a causation. >> larry summers, you're right, talks about a broken cong