now, i'm taking linkedin, as well as competitors such as branchout on facebook, more seriously. in fact, if you're in college right now and you haven't established a profile on a business and career focused social network, i'd say you are dangerously behind the curve. that goes double if you're e, whether employed full-time, a freelance or temp worker, an independent consultant, a self- employed business owner, or any combination of these. with our nation struggling with unemployment and small business being pressed to pick up more of the slack in hiring, to thrive requires more than being ready, willing and able to chase down opportunities. more than ever, it's critical that you make it easy for opportunities, as represented by recruiters, employers and potential customers and clients, to find you. showcasing your skills, accomplishments and expertise via social media platforms like linkedin is no longer for career emergencies only. i'm alfred edmond, jr. >> tom: speaking of social media, we use it too! you can follow us on twitter, @bizrpt, or my personal feed, @hudsonnbr. if

you mentioned linkedin. it went public in may. a great success. facebook could go public next year. as these big social media companies issue their ipos, what is in it for you? what happens to the private marketplace then? >> we think it's great. as the companies are going public, what is happening is more investors are getting involved before they go public, which is great for the private companies. and more investors are making money before the companies go public, and that money is recycling back into the system. you have to remember these small cap companies, they are the job creators. they're the ones that are going to i think be innovative that are going to help bring us out of this recession. having the capital come back into the market, it's great. >> that's a great point, actually. you're right. you developed a number of social networking compliments to the way trades occur on secondmarket. what do you see happening for traditional exchanges? >> well, first, the new york stock exchange right behind us. iconic brand, excellent management. but i think the public markets have

all of these people are in linkedin.t of luck to all of you with your search. >>> coming up later, betty ford we're going to look at her impact here on "the early show" on cbs. hemicals. new all free clear oxi-active. a free clear detergent that's tough on stains and gentle on skin. try new all free clear oxi-active. discover aveeno positively radiant tinted moisturizers with scientifically proven soy complex and natural minerals. give you sheer coverage instantly, then go on to even skin tone in four weeks. aveeno tinted moisturizers. then go on ♪ even skin tone in four weeks. ♪ ♪ ♪ introducing purina one beyond introducing purina one beyond a new food for your cat or dog. every day you live with the pain of moderate to severe rheumatoid arthritis could be another day you're living with joint damage. help stop the damage before it stops you by asking your rheumatologist about humira. for many adult patients with moderate to severe rheumatoid arthritis humira has been proven to help relieve pain and stop joint damage. hu

whatever you they do on linkedin. yeah.-all dad who keeps trying to connect with his son -- his little son. and the son doesn't even know what to do with him. it's called "father and son." take a look. ♪ ♪ father and son >>> here we are. in da pool. swimming together. not only is this good exercise but it's also a great way to beat da heat. i see dat you decided to wear a t-shirt into da water. dat's interesting dat you would decide to do something like dat. if there's one thing i learned, it's dat you should not be ashamed of da way your body looks in the da mirror. i'm talking to da man in da mirror. i'm asking him to change his ways. [ light laughter ] you're probably getting to dat age where things are happening to you dat you don't understand. your body is growing. you're getting hair in strange places and may soon begin to have what they call "nocturnal emissions." [ light laughter ] those things happen to your dad, too. but da good thing is dat when you get older, you will learn to love da skin you live in. someday y

guess what the second most popular social network is right now, linkedin. get this, u.s.myspace is half of what it was in june of last year. i'm getting more linkedin invitations from people so i'm getting the sense it's being used a lot more than it was. >>> we have news will netflix as well its fortunes could be changing radically. movie studios want more for their content. netflix might pay more for its content. how is that passed on to you? some say it will be passed on in terms of higher fees, higher costs for movies. my view is nobody needs movies that much. >>> zain verjee, someone who never has time to watch movie, live in london, following drama right now out of afghanistan, the half brother of the country's president shot and killed in his own home possibly by his own body guard? what do you know about this in. >> that's the information that we're getting, body guard killed him with an ak-47, died of bullet wounds to the head and chest. he was at his home in kandahar. ali this is a significant incident, this guy was a very powerful guy in kandahar, he basically

on a more personal basis, but direst like horatio taft left firsthand accounts of linking's--- linkedin'sit -- lincoln's death. the crux this team is horrific. -- the scene is correct. >> the president has been assassinated. is it possible? >> everybody is in tears. and the writer is almost hysterical. >> when they reach his house, had met them on the portico. where is my poch? he kept repeating it. >> and this diarest and his children were the close friends of lincoln's and his children. this is showing a personal side of the lincoln family. mary todd traveled to get away from the heat and disease and she often took tad and robert when he was with her. this was writing from the white house on executive stationery, as you can see. and he was talking to marry about the goat, tad's gold had been eating flowers and the gardener shooed him away. he was seen to in his guide -- chewing his cud and he later disappeared. lincoln is forewarning to add that the code is gone. >> it is another example of where the different divisions of where the library of congress in two weeks to tell the story --

companies on this week's list, one of the year's hottest trends, thanks to the successful offerings of linkedin and pandora. analyst philip palazzo says tech companies taking the plunge this year are very different than the ones that fueled dot-com boom. >> these are businesses that have demonstrated not only an ability to grow, but an ability to actually earn profits and generate cash. >> reporter: coupon website groupon is already planning an offering. investors are also hoping to see names like facebook, twitter and travel search engine kayak. all told, there are over 150 companies waiting to go public. that's the biggest backlog since 2007. many analysts are betting the class of 2011 will set new highs. >> i think it will be a record year. we are 20% above last year. at this rate, it will be the largest year on record over the last 12 or 13 years. >> reporter: strong investor appetite is just what dunkin donuts and other companies are hoping for this week. all the better to make some serious dough. erika miller, "nightly business report," new york. >> susie: carmakers in detroit and the uni

visitors, behind facebook and the professional networking site linkedin. >>> comscores says myspace had 33.9 million unique visitors in june, almost half of its traffic a year earlier. >>> the first ereader to sync with google's ebook library goes on sale this sunday. target announced it will be the exclusive seller of the iriver story hd which provides direct access to google's 3 million ebooks. the new device will sell for about $140, in line with competitors like amazon's kindle and barnes & noble's nook. >> interesting. >>> weather and severe storms are pummeling parts of europe while the united states is dealing with scorching hot temperatures. morl meteorologist jennifer delgado is at the weather center with details. >> it's been hot and humid across parts of the u.s., temperatures feeling like around 45 degrees celsius, if you want to know what that is, roughly about 104 degrees fahrenheit so anywhere you're seeing on this graphic, heat advisory, heat warning in place, anywhere in the pink as well as in the orangey peach shading spreading towards the northeast, get ready for more

linkedin became the biggest ipo cents google went public almost seven years ago.ow a new national pole of over 2000 americans showed that people want access while on vacation, in bed, shopping with a spouse on a sporting--at a sporting event, while on their honeymoon in on a date. >> a live look outside this evening, no fog at all, fog is out of the forecast for quite some time. we're dealing with clear skies and warm temperatures, here is tomorrow at a glance. the temperatures are in the upper 50s, low 60s. then by 4:00, a lot of places are reaching the '90s. i just raise the temperatures. take a look neighborhood by neighborhood, a lot of nineties through the north bay, 95 santa rosa, 95 napa, 97 fairfield. we will not see any fog out there. 76 and sent to cisco, it is a little more comfortable here, but warmer when we get to the east the temperatures. 82 oakland, 88 in hayward. even more for the inland valleys, and upper 90s in a lot of places, 98 pleasanton, 98 in antioch. a lot of nineties in the south bay, 91 san jose, 91 and los gatos. we will continue the

they're closely linkedin dna which is not to say the allegations are the same -- >> i've got to cut youo get sarah smith in. this story will continue to get bigger before the crisis passes in your view? >> absolutely. in britain certainly. people will look for tentacles of it here as britain will have to examine everything about the relationship with the press. were the politicians too close to the press? were the police too close to the press? >> very incestuous culture. the answer seem to be yes. thanks very much for joining us. >>> coming up in the second part of "reliable sources" the newspaper who spent two years pursuing the hacking scandal is the guardian. we'll ask the editor about his paper's apology. then with murdoch on the defensive, are some of murdoch's critics using this crisis to pile on? >>> are journalists getting the real school or just spin? candy? um-- well, you know, you're in luck. we're experts in this sort of thing, mortgage rigamarole, whatnot. r-really? absolutely, and we guarantee results, you know, for a small fee, of course. such are the benefits of having

lately it's been nyse, pandora, linkedin, they went with traditional old-fashioned new york stock exchange. to the average investor it makes absolutely no difference. a stock is a stock. >> absolutely. thank you, scott. 5:56 now san francisco approving a controversial plan by at&t to improve its network but some say all it's creating is an eyesore. >>> plus a major collision between a big rig and a car overnight. >>> and a live look in the distance there. you can see the bay bridge on this wednesday morning. a lot more ahead in our 6:00 hour. stay with us. navigating today's real estate market is complicated. you've seen the signs. that's why having the right real estate agent is more important than ever. at remax.com, you can find experts in short sales or bank-owned properties or commercial real estate, agents who can help speed up the process, no matter how intricate. and that's good news, whether you're trying to sell or hoping to buy. because the only sign you really want to see is "sold." nobody sells more real estate than re/max. visit remax.com today. >>> this is bob redell, tell y

there's twitter and linkedin and google plus.ut these are businesses that really have nothing behind them. there's no feel. there is no automobile. there is no there there. with facebook as well, right? >> facebook has you and me, people. we are the chum for that fish pond. you know? we are what facebook sells and what makes facebook valuable. >> reporter: advertisers love to know what we like and who we know. ♪ [ music ] >> reporter: will the song ever be over? who knows. things change so fast these days, no one can really predict who or what will be sing the blues. mike sugerman, cbs 5. >>> coming up, it's a case of urban farming gone awry. what one east bay resident do to a handful of bunnies to hurt them permanently. >> i think when you have a city that had all the stresses and strains on oakland, you have to have a long-term plan. >> a popular man with a big challenge. chief anthony batts talks with you about his vision for oakland and the job opportunity he explored in san jose. >>> and a lot of talk about breast cancer tre

you have zynga, linkedin, and others. twitter being a little more patient preferring to raise money on the private markets instead while it matures its advertising model. it comes down to the form of targeted tweets. unlike some of the other companies like zynga in particular, twitter hasn't been growing a lot of revenue perhaps $150 million in revenue this year. that pales in comparison to others. >>> stock market down today from overseas worries. moody's downgrading portugal saying they may need a second bailout like greece and china raised a key interest rate for the third time this year battling rising inflation. it hasn't been successful. there are fears if that inflation hits a bubble that could nail the chinese economy and as a result, the global economy, as well. right now the dow is up by 9 points just turned positive. nasdaq lower by one. the s&p down a couple of points. oil also up a little bit more this morning over $97 a barrel with a big jump yesterday hitting a three-week high. >> wow. okay, jason brooks wi

there is an ipo, billions of dollars for linkedin. the difference is in space we kept it entirely as a governmental program. in the internet around 90s we moved it. we created dot.com. it is no logger just -- we created a new commercial space that could grow and thrive. i do see exciting things around the corner. it may not be government programs directly but maybe spurred on by new things that are enabled by this broader eco system. the fact we have companies like bigelow working on a private space station. we don't know if they will work but we have something up above right now. if they can lift one of the commercial crew people have access to that, that is their primary problem and it could be something new and different. in suborbital space we have a lot of new things, new technologies that weren't possible before. we also did a big move to prizes happening now that people are doing amazing things if we can think outside the box rather than a governmental program thinking of what we should do. we are trying to harness the experien

. >> kimberlee: companies can invent a system with connecting your 'linkedin calfprofile instead of dealing with reza amazing cover letters. >> dreamworks has and the contract with the 2014 but hbo has allowed at the studio out of the contract early. it would get netflix against amazon and whjulu >>catherine: gabe slate's tech report there is a new application paying you. 'gig walk' like getting a picture of a business or a picture of the menu there are a ton of the small gigs in the bay area. they're easy and only showing where they are in your location. easy money, it is between $4-$7 and sell this information to websites. the use of detailed information, mapping and damages in a product. tune in tonight at 8:00 p.m. and you could be surprised on how much people are running. keep it here for my tech report later gabe slate's tech report >>reporter: your folder o >>catherine: the debt crisis could be rattling the wall street and markets. rob black this year to talk about some of the winners and losers. first, air travelers could get a tax break. >> correct. the faa did not have a tax incen

this follows linkedin ipo which was the biggest since it will went public over six years ago.y be picking up the video side with the most ad and viewed as well. google is in talks to purchase hulu and the search engine giant may not be the only one , they say that hulu has been meeting with additional buyers that includes microsoft and yahoo. and facebook the big announcement for next week has been spoiled, the social networking giant will unveil an implementation of skype calling. pc matt.com says that they do not have anything to cheer at the moment and they will keep us posted and if anything changes. >> this just in, a multicar accident in the south of market district in san francisco that created a traffic nightmare for a driver's this evening. it happened at the intersection of harrison and 6ht street around for 30. the mercedes went in the wrong direction on harrison street. that is a one-way street and crashed head on into another vehicle that created a chain of fact altogether. seven cars were involved in the act did according to the census police department. they say

renewed prospect of great wealth growing from young internet companies like facebook, twitter and linkedinres need a place to live. a prime example of the real estate market here is the five-bedroom house talked behind this gate. it listed for $5 million, sold for $7 million. the buyer, facebook founder mark zuckerberg. >> reporter: people are saying, i don't want to compete with those people when they get their millions. i want to get in now. >> reporter: for colette llewellyn and her husband that meant signing papers to sell faster than they ever expected. >> i'm so excited. >> reporter: their house went on the market monday morning and sold monday afternoon. >> we said, full price? they said, yes, full price. >> reporter: that price, $2.15 million, all cash. >> this is a three bedroom, two-bathhouse in a nice neighborhood. still, that's a lot of money. >> reporter: it could have been more. the market here is so hot sellers often get multiple offers, bidding up the price. >> i didn't go down that road. >> reporter: happy not to be greedy, walk away with just $2 million or so. >> yeah. $2

. >> linkedin knocking down myspace as one of america's most popular social networks.still has a higher number of active users, facebook is towering at number one for web traffic. >>> full-size truck might be a bargain looking for a new car. automotive news data shows a glut in spri driving a price war between dealers to get the trucks off the lots. manufacturers had a strong start but couldn't cut back quick enough to offset a weaker economy. >>> check out the new cnnmoney.com. "american morning" will be right back after the break. verizon claims its 4g lte is twice as fast as at&t. we're putting them to the test against the speed of a rescue unit. go ! they're downloading a music album. the first network to finish gets rescued. does your phone know that we're racing ? done ! verizon's done ! i've got seven left ! the fastest network in america. verizon. built so you can rule the air. now powering the lg revolution. right now, go to priceline for a sneak peek at recent winning and better than ever! hotel bids to find where you n save up to 60% on hotels. * we'll even