a lyft driver. at it. and that is the core of what has allowed this very special community to scale across the country. >> i remember -- i drove a yellow cab in new york. so many stories. i remember in my first moments i took the test the commission had and i paid all the knuckleheads i had to pay and i bribed the dispatch guy to give me a car. then i got behind the wheel and i was like ok, i know how this is supposed to work, but i would get somebody in the car and asked them how do you want to go. i'm sure i gave some crummy rides. that is not what you mean when you say memorable. what do you mean by memorable, and why is that important? >> we mean having a fantastic experience, whether that is a conversation with the driver -- we have some of the most amazing, phenomenal drivers on the road. we recently did an economic impact study. we found in l.a., 50% of our drivers work in the creative industry. they are artists, photographers, actors, and they use lyft as their primary income source as they

. >>> this morning, need a lyft? there's a new car service in philadelphia and is it legal and how does it stack up against uber? >>> plus, it's a marathon not a sprint. the chances are you probably have maybe a drink or two on this super bowl sunday. the beers you'll want to stick to so you're not sloshed for the big game. >>> thank you so much for waking up early for us for fox 29 weekend. it is a sunday, february 21, 2015, i'm karen hepp. >> and i'm caitlin ross. >> we have a lot to get to. >> we also have the very latest on bobbi kristina brown found in a bathtub yesterday. take a outside and see what it's like. it's a little gray, sort of looks like snow-rain. but first i've got t weather question for you. >> what's the going to be like? >> thank you guys so many for sending in that video. i want to know is monday going to be another snow day. we've been talking about a storm coming in. you can send your questions through twitter, facebook. we do have a storm coming in but doubt it brings a snow day in the phila

you have companies like lyft and uber that can compete. the isp should not decide who wins and who loses. >> netflix shares sold off with this news. i wonder if it is because people say wow, these guys have open themselves up to more competition. why do the big companies support the open internet when they are the ones who have the advantage because they can build their own networks like google has or apple and they can do other things like pay for it as netflix has. >> all of our member companies have thrived and we look at what makes the internet great. it is the idea of free enterprise and let the users decide, and frankly, our companies are much closer than any other company or industry you are looking at. they care about their users and let them decide who will win and who will lose in their happy to have that fight. >> is it a cost concern as well? netflix has spent tens of millions to pay to get their content faster to customers, faster than their competitors even. >> i don't think so. i think it is just an issue of fairness, and yo

a bay area taxi company aims to make it more competitive with ride sharing services like uber and lyfto cab in san francisco unveiled a whole new look and name. new at 6:00, david stevenson explains how the taxi service hopes rebrainedding itself will mean more fares for itself drivers. >> reporter: it is a splashy new rebranding. of one of san francisco's oldest cab companies. >> let me tell you, i was very, very worried about the idea of giving up such an iconic brand. >> reporter: de soto cab dates back to 1933. it is now turning red and being renamed after taxi hailing app fly wheel. a redwood city based company letting customers hail, track, and pay for a cab through their cell phone. >> we want to lift the whole taxi industries this helps to get the message across. >> reporter: the app has been around since 2009 and is already in 85% of san francisco cabs but more recent offerings from uber, lyft, and side car have hit the taxi industry hard. >> if we are going to be competitive, we have to make sure the public understands that we have these technologies. >> just trying to get th

lyft is in talks to raise 250 million dollars.s struggling to get out of the shadow of its larger rival uber. jon stewart shocked the world when he announced that he is stepping down as the host of the daily show. it is a big shock to comedy central and the parent company viacom. as the media giant faces lower ratings across all of its networks, many investors are worried that cable providers will want to drop the company's bundle of channels. we are joined by leo hindery. the managing partner at intermedia partners, my guest host for this hour. earlier this morning, you are saying that one of our producers raised a very good question. without jon stewart why is anyone going to bother watching comedy central? >> jon stewart was much more than a half hour of on-air talent. he was a focal point of a medley of programming of very talented talking heads. >> he was a talented farm. >> colbert came from him. john oliver came from him. comedy central, the entire value proposition today is that talk these late in the evening. when john le

they are late stage investors that may be investing in lyft and uber has taken a lot of these investors like blackrock and fidelity. on the other side, you also have softbank who is a great investor -- >> we have to leave it there. thank you very much. "bloomberg west" will be right back. ♪ >> i'm cory johnson and this is "bloomberg west." greece will submit its request for a six-month loan extension tomorrow. greece and the eu are trying to work out terms to extend a rescue plan set to expire at the end of the month. french automaker peugot has -- has posted its first they profit in three years. the factory cut investments and cut -- on new cars. a chinese carmaker is also helping them sell outside of the saturated european market. with tons is said to exit its 15 percent stake in jetblue after three years. the move should improve live tons upon balance sheet. facebook's ceo mark zuckerberg has revolutionized vacation on the web and is launching internet.org, which is hoping to provide free internet service to disparate corners of the earth. it's been rolled out in several african coun

meanwhile, alibaba is an investor in lyft, which is a competitor to uber, and its same time, the two biggest taxi hailing companies in china are now merging. there are all kinds of amazing -- and that is uber plus biggest challenge in china and one reason they need to raise money in china because their top competitors a newly merged chinese combination of the two gigantic local firms competing with uber. >> may be a big chinese investment means something of a blessing for these companies to do business. matthew wong, let me ask you -- when we look at uber raising around that keeps getting bigger and bigger and never seems to close, is what we see from these guys trying to compete with or suck the oxygen dry so lyft can't do a similar big round? >> we saw this report that they were going to be raising an extra $250 million. they are late stage investors that may be investing in lyft and uber has taken a lot of these investors like blackrock and fidelity. on the other side, you also have softbank who is a great investor -- >> we have to leave it there. thank you very much. "bloomberg w

she had the lyft app on and turned it off. but it is creating opportunity. it is giving you an opportunity to supplement your lifestyle and income in a way more convenient for you. these are the opportunities here. this isn't something holding people back. >> an opportunity to work three jobs instead of two. >> but it is offering a certain amount of flexion inlt. it may mean that the work force has to change and people's expectation of the work force changes. you may have a small business you are working to make things or sell things while you are producing articles that run on the yahoo developer network. it may also allow you to be a stay at home mom with your kids and work out your house. there are certainly problems with the transition period from sort of everyone goes to work from 9:00 to 5:00 and has one job and stays there for 15 years to this sort of an economy, but i do think -- i agree with brian that there are -- as there are certainly concerns and problems with it, there are also a lot of opportunities. i don't think we know yet where all those o

. >> i was use the example of uber and lyft.hat's it i don't know, make a fantasy cable company -- cable company. what if they fire ly -- a fire aquire lyft big block -- and block uber. >> under net neutrality that would be prevented. you have companies like uber and lyft, let them compete and the cable companies should not decide who wins and loses. >> i am not a big believer in the stock market that knows much in the short-term basis but netflix sold on this news. i wonder if people look at netflix and behind the companies and save the guys opened themselves up to more competition. why do the big companies support the open internet when in fact they had the advantage because they could build their own networks like google or apple has or do other things like pay for it as netflix has? >> all of the member companies have thrived under competition. when we look at what makes the internet great, it is really the idea of free enterprise and let users decide. our companies are much closer to the user than any other company. they ju

market, lyft and out of the u.s. market, lyft and sidecar, do they stand a chance? >> i don't know.ave often thought about it like this. first of all, a lot of the money goes to the driver. it is a lower margin business. i think it is tough to compete. i think travis is very competitive. >> what else can uber do? we have seen them delivering christmas trees. what is next? >> when they raised money, the deck had zero slides on these types of things. whatever might be next. that is not to say the companies are not interested. they are testing food delivery, they have done flower delivery on valentines. i think it is something they are watching. i think, for the time being, everyone knows that focus is critical to great execution, and the opportunity in front of us is immense. >> what about taking on fedex or ups? >> i would say we are not as well situated for that type of thing as we might be for a quick -- i know people that have put objects in uber. a lot of people have done that. >> snapchat is another company you have gotten into early. how do you know it is not just a fad? >> whe

>> chris massey with lyft. i agree wholeheartedly.e have patchwork legislation across the country. we are dealing with laws written before anything like what we operate was contemplated. in some cases, dating back to the 1800's. what we provide to local governments is the opportunity to move into a new generation of innovation. we work collaboratively with cities and states. we work with state legislators and government offices. i imagine congressional members will get involved in the conversation. for the most part, this is a localized issue. we help them understand how to address mobility. what lyft has seen as a desire -- is a desire to move towards the next level of innovation regulation. we can come to the city of boston and say we want to be able to provide a positive mobility option for citizens. but we can work with you to provide some datasets so you understand how people are moving around the city and become a benefit to the cities as opposed to, you know. >> offering some data collected for the purpose of public policymakin

. >>> google is revving up an app to exeat with uber and lyft. -- compete with uber and lyft.eloping its own ride sharing service. google previously invested a quarter billion dollars in uber a couple years ago. >>> a honeymoon with the drop in gas prices is over for now. after a record 123 days of falling prices they're back on the way up again aaa says. the national average is $2.07 a gallon, three cent higher than last week. it -- cents higher than last week. it is not uncommon to see prices head back up this time of year. however, prices should remain in the $2 range the rest of the year. >>> easton, maryland, hoping shame will help cut down on an epidemic of shoplifting in local stores. >> reporter: here at the courthouse in easton, maryland, shop lifting is rarely punished with much more than a fine and maybe probation. with an epidemic of shoplifting going on around here the police department decided they want to try something else. that something else is facebook and this is the easton police department's weekly wall of shame. >> i like the idea because i don't like pe

>> chris massey with lyft. i agree wholeheartedly.e have patchwork legislation across the country. we are dealing with laws written before anything like what we operate was contemplated. in some cases, dating back to the 1800's. what we provide to local governments is the opportunity to move into a new generation of innovation. we work collaboratively with cities and states. we work with state legislators and government offices. i imagine congressional members will get involved in the conversation. for the most part, this is a localized issue. we help them understand how to address mobility. what lyft has seen as a desire -- is a desire to move towards the next level of innovation regulation. we can come to the city of boston and say we want to be able to provide a positive mobility option for citizens. but we can work with you to provide some datasets so you understand how people are moving around the city and become a benefit to the cities as opposed to, you know. >> offering some data collected for the purpose of public policymakin

he just started using lyft. he recounts a recent ride taken by his girlfriend. just a couple miles amounted to $40. >> i'm guessing it told her that before but she definitely was really surprised. maybe there's not like a clear -- >> sign. >> sign. >> there should be a balance here. allow the uber and lyft as well as the drivers to make money but set some boundaries. >> they might need to do a little surge pricing because of just like it's traffic hour and it costs more gas and more time. but i do think it would be great if there was like some sort of block off of you can only adjust it a certain amount. >> i heard from a lyft spokesperson in the hour who says that the company has a cap. 200% on primetime, what they call dynamic pricing and the rider has to agree to that before the ride is accepted. as for uber, i just heard from a spokesperson a few minutes ago and she says there's no official policy really no comment on a cap for surge pricing, although uber's policy does require riders if it's double the surge pricing, you have to actually enter the multiplie

lyft is similar to uber. it's a smart phone app that allows you to find vehicles nearby and pay for a ride. ride sharing operations are not permitted in philadelphia. >>> and fire and hazmat crews rushed to the seen of a train derailment in south philly. 11 tanker cars carrying crude oil derailed at 11th and patison around three am m. the cars did not tip over on to their sides. no one was injured. and no oil spilled. >>> and in atlantic city now the sale of the former revel casino is on hold for the mommy while the company that ran its nightclub appeals. idea boardwalk claims that the nightclub, restaurants and a power plant could be wiped out if the knife $.4 million sale goes through. revel has until tuesday to respond to that appeal. >>> stay with us everyone. still ahead at 11:00 a doggie dilemma. these x-rays here reveal the dangerous meal eaten by a local pup. we'll tell you all about the fashionable item that landed him in emergency surgery. >>> also hundreds of cars all under one roof. the auto show

ask the the state legislature in harrisburg to extend the rules allowing ride sharing by uber and lyftiladelphia and, overrule the philadelphia parking authority. which may make you wander why do they have to go to harrisburg to overrule philadelphia parking authority. parking authority is an agency of state government with the majority of its director appointed by the governor not by the city of philadelphia. >> hasn't been an outcome yet? >> not yet but it shows people in philadelphia are asking for ride sharing by uber and lyft and philadelphia parking authority is defending the the taxi industry. >> all right. >> renee? >> going back to harrisburg talking about senator pillegi who has done a wonderful job as majority leader. then he just stepped down last week from the committees he is on. he really doesn't have anything in harrisburg. so he will run for judge common pleas judge in his district. so lets see what happens. >> okay. keep an eye on that one. that is inside story. thanks so much for our insider for being here this week we appreciate your time and your thoughts. thank yo

. >> we interview the ceo's of uber and lyft on our show quite a bit, and they talk about winning topproach the regulatory hurdles in their businesses at the local level. they can overcome the local level, but they cannot do it at the federal level. what are the biggest federal issues that companies like uber and left have to conquer? >> they are in a different category, because many of the regulatory systems that basically govern taxi companies where there are most of the conflicts are at the state and local level. there is very little that the federal government has there. but i do think the federal government has an interest in, for example, ensuring that the service that is being done by, for example, somebody who is driving a uber car, we do have an interest in making sure that that person has been background checked and things like that so that folks can be assured that they are going to get where they are going. >> so are you thinking that if the local authorities do not take care of this, the federal government might have to? >> i'm saying that i believe we have a role to pla

lyft operates in 60 u.s. cities while uber is in 277 cities around the world. google cofounders larry page are selling some of their stock. they will each cell 2 million shares of common stock and 2 million shares of nonvoting class c capital stock. it is part of a new trading plan to diversify their assets. now to the president and his speech in silicon valley in front of apple chief executive tim cook and executives around the world. hosting a cyber security summit at stanford university, the president urged companies to share information about cyber threats with each other and with the federal government. it is a task that many companies have been reluctant to do even as companies from health-care companies to sony suffered from cyberattacks. >> there is only one way to defend america from cyber threats and that is through government and industry working together, sharing appropriate information as true partners. >> the president concluded his speech by signing an executive order that encourages such information sharing. cory johnson has been attending the s

. >> listen up if you like uber and lyft. there's a lawsuit that can change everything about those companies and if they can afford to stay in business without raising fares substantially. we'll have the details on this developing story that's sure to get bigger down the road so to speak. >> yeah. >> see what i did with that? >> i like that. here's where we stand in the markets. hello. right now the dow also 34 points as mentioned back below that 189,000 mark. the nasdaq higher on the session. 19 points. the s&p is fractionally lower today. i think our cash and bill summed it up earlier saying markets are following oil like a smitten teenager. whatever move oil makes equities follow. >> one of arthur's mainly pithy comments. let's get to the "closing bell" exchange heather hughes from sun america funds in snowy, washington d.c. sam still, rob morgan from sethy financial, jim lowell from adviser investments and rick santelli. mr. market i'm going to start with you, rick. you represent the markets here. it's been a very quiet w

take vo --pero agentes de bienes races seÑalan que desde el lanzamiento de compaÑas como "uber" y "lyfteducido notablemente. topvo/juanfra en telemundo 48 somos primeros con la noticia... nos llega informacin de ltimo minuto desde el argentina... la actual presidenta... cristina fernndez de kirchner... qued este viernes formalemtne imputada por el supuesto encubrimiento de iranes en la investigacin sobre el atentado a la asociación mutual israelita argentina.... con vo/ lorena la jefa de estado haba sido denunciada ante la justicia por el fiscal alberto nisman.. cuatro das antes de que ste fuera hallado muerto en su apartamento... la imputacin de la presidenta se conoci este medioda por decisin del fiscal gerardo pollicita.... lorena facebook lorena/ms --- en mxico se desata otra controversia... luego que un banco suizo habra ayudado ... take vo a personas adineradas a evadir impuestos ---el servicio de admnistracion tributaria investigar si las personas que aparecen en una lista de clientes de la sucursual de ''hsbc'' cumplieron con el pago de impuestos ... --- de acuerdo a las autorid

it's part of an effort by traditional cabs to compete against companies like uber and lyft. a big increase in app downloads as it repaints 250 desoto cabs. >>> checking back in on weather. the highs from today, warmer than yesterday. we got a little more sunshine out there. therefore, you got numbers back into the mid- to upper 60s. a nicer day. started off slow with a lot of fog and clouds lingering around. that's how tomorrow goes. i don't think we'll see as much of that as we have the last couple of mornings. a lot going on in the pacific. all going up north. over the top of us, a few clouds overhead, and a little bit of coastal fog right now. the conditions will allow for some fog to form in the valley tonight in and around the bay. overnight lows are in the mid- 40s, and low 40s for the overnight lows. fog, back in the forecast, as it has been. but not real dense. it hasn't been dense fog advisory stuff. it's been high off the deck, so you're able to see a bit better. look for fog tomorrow morning, but quicker burnoff. tomorrow, slightly warmer. sunny for the weekend, a

getting a new leader and wants to differentiate professional cabdrivers from rideshare services like lyft and uber. the association says this could help new drivers. >> there is a way to help new drivers get around the learning curve faster and deliver better customer service faster. i think that is a good thing. >> the taxicab commission says it is trying to figure out details behind the ambassador training program, but it wants the city's taxi drivers to be seen as mobile tour guides. they would be trained about d.c. hotspots, major attractions, and city events. it is knowledge that comes with experience. caroline tucker, abc 7 news. >> d.c. officials have declared an all hands on deck to remove trash pilots in local neighborhoods. the timing of our last winter storm left some areas without trash service for two weeks. the trash trucks will be on the streets throughout the weekend. >> the situation became unbearable this week. the mayor said we have got to do something about it. that is why we did it. >> a lot of complaints from residents. >> exactly. >> because of public health concern

>> um, incredible convenience. >> with lyft or uber i know when they are going to arrive. when i call a taxi i don't know when they are going to arrive. >> reporter: there is one thing that would get this younger generation back into cabs. >> better prices. >> reporter: and speaking of prices, flywheel, whatever you want to call it they are going to stick with the regulated prices set by city rather than the fluctuating ones on the rideshare services. in san francisco, phil matier, kpix 5. back to you guys. >> yeah, phil tells us the upgrade came at a low price $800 per vehicle to repaint its fleet of 250 cabs. >>> new tonight another example of insurance companies changing the way you pay for prescription drugs. in some cases, the idea of a copay is going away. kpix 5 consumerwatch reporter julie watts with the switch that could have you paying more. >> i take it every morning. >> reporter: the label warns he shouldn't skip a day. >> they can have very serious side effects. >> reporter: but like many kerry may soon not have a choice as most insurance companies are changin

. >> a marketing campaign for ride share lyft could be the most expensive hopscotch game. the advertising company have been chalking special hopscotch extension sills on sidewalks in mid-market but the city attorney is not onboard and causing it graffiti and say it defaces the area. the city attorney is drawing up a letter to ask lyft to pay penalties but not say how much they will ask but it will be large enough to deter other companies from doing something similar. >> uc berkeley has plans to build a campus in richmond inviting public universities away the world and technical companies to offer advanced degrees there. officials say it would be located at the richmond field station on 134 acres of waterfront this now has warehouses. they add that five universals in asia and europe are in talks to set up shop. the idea is to reverse a recent trend of united states universities opening satellite campuses elsewhere and bringing them here. >> what will they see this weekend if they come here? >> rain. >> a lot of gray. one shade. >> one of our earliest risers in the east bay

. >>> well philadelphia parking authority begins cracking down on lift, zero lyft, as the car sharing service hits the street in philadelphia. ppa impounded two carson oregon friday night. lyft is similar to uber, smart phone app allows to you finds vehicles nearby then pay for your ride. ride sharing operations are not permitted in philadelphia. >>> cbs "face the nation" will be coming your way little later this morning at 10:30 right here on cbs-3. and filling in for bob she have they are morning, cbs this morning co-host nora o'donnell. nora, good morning. >> good morning, to you. and there is a loft news ahead here on "face the nation". we begin with the headlines about the latest isis execution. we've got former secretary every state james baker he'll join us, then we'll talk with senators from both parties, including south carolina republican senator lindsey gram, and the number two democrats in the senate, illinois senator richard durbin. then the latest on measles here in the u.s., it is spreading, there are some new numbers coming out just about how widespread it is, so we wi

this group rallied against car service companies uber and lyft and take issue with the business practices of the ride sharing services and the affect on the taxi industry. airbnb picks up a bronze monkey for best design. san francisco when security company was named best enterprise start-up unlike the oscars, they are voted on by ordinary users. >> compton released a sentence sunday call made by a witness moments after suge knight murdered a man. >> a car ran over two guys that were fighting and he just pulled back and pulled forward and run 'em over. they are laying down. >> 49-year-old knight has pleaded not guilty to murder, attempted murder and hit-and-run charges for running over two men, killing one, and badly injuring the other after an argument. if convicted he could face life in prison. >> a measles outbreak is reported at a day care outside chicago affecting babies too young for the vaccine. this comes as lawmakers in california where it all started of proposing to remove a rule that allows parents to opt out of vaccinating their kids. here is the latest. >> the measles at odd d

de soto is trying to compete with ride share companies like lyft, side car, and uber.g of uber, had trouble hailing one lately? maybe you are not uber nice. tonight, julie watts shows us the app's secret rating system and what it takes to get blacklisted. >> reporter: emily relies on a 3:00 a.m. cup of coffee to get her going and a ride by uber to get her to work by 4:00. but that ride became less reliable when they stopped picking her up. she thought there was something wrong with her app at first. >> 15 seconds to air. >> reporter: then, she soon discovered she couldn't get a ride because some uber drivers thought there was something wrong with her. >> i asked a driver what was going on and he basically told me i had a really low uber rating. under three out of five. >> reporter: like many, she had no idea uber drivers rate riders and decide who to pick up based on that score. >> you know what your rating is? >> i have no idea. >> i don't know what that means. >> reporter: not surprising since riders can't see their score unless they ask an uber driver. uber says fee

. ♪ >> a lot has been made about the power of the sharing economy, in companies like uber and lyft.ch i know you are an investor in. you recently tweeted, "perhaps the single, biggest key enabler for the sharing gig 1099 economy in the u.s. is the affordable care act." a.k.a. obamacare. i know you have been a republican donor, and some republicans want obamacare repealed. what would you say to them? >> if your health care is not tied to your employer, you can switch jobs anytime you want. it turns out, even if you hate obamacare as a government takeover of the health care system, you should still love it because it makes possible for people to pursue their own dreams as opposed to getting tied to one job. >> there has been a conversation in san francisco going on about inequality and responsibility in -- of the tech community. you mentioned tech companies that are part of the stanford hospital project. mark benioff has been adamant that tech companies need to do more. what do you think? >> i think that is basically -- that is basically right. i think that is basically true. a lot of

drivers say that is not happening very often but competitors with lyft and cabbies check. a petition for the tip feature has close to 14,000 decisions. >> orange county family picked up an unexpected passenger during valentine's day kayaking trip. look at this. do you see anything unusual? like the highlights circle? that is a sea lion on the back of the kayak. dad and the kids were enjoying the day at the wharf when the pup jumps on board and family did not seem to mind. we don't know what the sea lion was whispering to dad but he keeps whispering something. >> it was comfortable. the sea lion stayed for 20 minutes. a news reporter spotted the sea lion getting comfortable and took the video. it is just amazing. >> lucky dad. >> what a great experience. thanks foreign joining us. this is jim. a man who doesn't stand still. but jim has afib, atrial fibrillation an irregular heartbeat not caused by a heart valve problem. that puts jim at a greater risk of stroke. for years, jim's medicine tied him to a monthly trip to the clinic to get his blood tested. but now, with once-a-

and lyft is more open. >> the pink mustache -- i don't know if lyft is dumb.y figure out how to become more popular amongst the rest of the ecosystem. >> we will be back. we have a lot more to cover. when we return, twitter has come up with a way to make people see more tweets. the question is will this attract more advertisers that will bring dollars in the door? >> he brought you hit like "jane the version" but now ben silverman is more likely to bring his shows to streaming. we will talk to him in a moment stop -- in a moment. ♪ >> now for some top headlines around the world at this hour -- neither side appears to have budged in talks between greece and germany on the bailout. greece's new anti-austerity government wants the terms of the deal to be relaxed. the german finance minister said we agreed to disagree. his greek counterpart replied we did not even agreed to do that. the plunging wrubel asman rising prices in russia. russian consumer prices rose 15% in january from one year earlier, the highest rate in almost seven years. it was worse than economis

>> maybe this is a little bit of a hat tip, but i don't think that lyft copycat at this feature. i think that companies are often working on features at the same time and roll them out. but at the end of the day, liquidity is going to matter on this and it's going to -- you have to be very, very large to make it work. at least that's our sense of things. >> all right, we will see how that goes. i refuse to use that service personally. >> fair enough. we are seeing good pickup. but fair enough. i cannot wait to do an uber pool and see you in the car and say gotcha. >> i don't want to do this thing where i'm stuck on a was with unwashed masses. i don't want to go out of my way to pick up yet another person. i want to go where i want to go. >> there is such an idea where they drop you off -- i cannot wait to see you on the uber pool. then i'm the only person in the car and some of you could come in. you could literally have a perpetual ride for the driver. what is interesting about that you think about the driver income side of this, utilizing that car and getting the income, and al

. >> the colorful new fleet of taxi cabs now hitting the streets trying beat lyft and uber at their own game. >> there is another issue with covered california. a tax issue. a warning and advice coming up on seven on your side. >> beginning to look like the month may end on a wet note. the ac can't say thank you enough. you have made my life special by being apart of it. (everyone) cheers! glad you made it buddy. thanks for inviting me. thanks again my friends. for everything for all your help. through all life's milestones our trusted advisors are with you every step of the way. congratulations! thanks for helping me plan for my retirement. you should come celebrate with us. i'd be honored. plan for your goals with advisors you know and trust. so you can celebrate today and feel confident about tomorrow. chase. so you can. >> it's no secret one of san francisco's biggest problems affordable housing but a few lucky people won a lottery allowing them to move into new apartments off of folsom street in the south of market neighborhood. that is a big break. iet s it's not every day that th

. >> the colorful new fleet of taxi cabs now hitting the streets trying beat lyft and uber at their own game. >> there is another issue with covered california. a tax issue. a warning and advice coming up on seven on your side. >> beginning to look like the month may end on a wet note. the accu-wea ♪ ♪ ♪ ♪ everybody deserves $73 fares. because wedding season can get expensive. book your low fare now at southwest.com. >> it's no secret one of san francisco's biggest problems affordable housing but a few lucky people won a lottery allowing them to move into new apartments off of folsom street in the south of market neighborhood. that is a big break. iet s it's not every day that the mayor drops by to see your new apartment. but that is what happened here today the mayor wanted to get out a message that there are some bright spots. >> we got in and i was like like really? >> jennifer has been living in a hostel and tried to get one of the apartments. >> leaving the city would mean leaving my friends and family here. >> the mayor brought a basket of fruit as a gift. 2,000 people entered the

uber, lyft, all the ride sharing companies are standardized on google maps. there's no other mapping tool that is as comprehensive and global. it really needs a global partner. who are the alternatives? there aren't many. google sees the transportation patterns, sees uber's internal data. these android devices are walking geolocation signals. google has all that data and is integrating data into cars. google occupies a strong position here. if they were to lose access to google maps, it would be a major blow to uber. it's a real short-term concern for uber to see how structurally dependent they are, a company that over the long-term term might be one of the largest rivals. >> i'm going to date myself and use the term netscape. you remember when there was a battle for the browser on the desktop and whoever controlled your eyeball there controlled your wallet? you have written a book about amazon.com. they have that button on your phone. that is why you buy stuff from them. >> that's right. i think being the first app to summon a car is important. it is equally

lyft is trying to raise funds. >>> jeb bush distancing himself, or trying to from members of his family in a big forum policy speech. what he says about his brother and father both former presidents and also the war in iraq. >>> and new hope for women battling an aggressive form of breast cancer. why doctors are calling the possible treatment a breakthrough. that it wasn't going to work. but chantix helped me do it. along with support, chantix (varenicline) is proven to help people quit smoking. it gave me the power to overcome the urge to smoke. some people had changes in behavior, thinking or mood hostility, agitation, depressed mood and suicidal thoughts or actions while taking or after stopping chantix. some people had seizures while taking chantix. if you have any of these stop chantix and call your doctor right away. tell your doctor about any history of mental health problems, which could get worse while taking chantix or history of seizures. don't take chantix if you've had a serious allergic or skin reaction to it. if you develop these stop chantix and see your doctor right awa

and i'll ha >> if you pull out a cell phone and order an uber or lyft car ta driver knows where you are. so why is silicon valley one of the worst places for dispatchers to find you. >> dispatchers at 911 call centers are supposed to get a read out but it doesn't always happen. and when pressing a button, this location may not display. >> network designed for legacy land line system. and now, everyone has a cell phone and it is a different technology and a different way of calculating where location of the caller is. >> 70% of the calls originate from cell phones. the location detection system uses satellites. the gps doesn't work indoors same true for cell phones existing system can't pinpoint what floor the caller is on. that is a problem. the fcc regulates the networks just issued new rules requiring locations for 911 calls. this 8-year-old company tests a location system. it uses beacons >>. >> it's similar to gps, operating at a different frequency in a band like your fm radio station where it can penetrate well. >> that demonstrated capability as part of a national test the person

discounters good deed dogs helping dogs help people >> if you pull out a cell phone and order an uber or lyft car ta driver knows where you are. so why is silicon valley one of the worst places for dispatchers to find you. >> dispatchers at 911 call centers are supposed to get a read out but it doesn't always happen. and when pressing a button, this location may not display. >> network designed for legacy land line system. and now, everyone has a cell phone and it is a different technology and a different way of calculating where location of the caller is. >> 70% of the calls originate from cell phones. the location detection system uses satellites. the gps doesn't work indoors same true for cell phones existing system can't pinpoint what floor the caller is on. that is a problem. the fcc regulates the networks just issued new rules requiring locations for 911 calls. this 8-year-old company tests a location system. it uses beacons >>. >> it's similar to gps, operating at a different frequency in a band like your fm radio station where it can penetrate well. >> that demonstrated capability as

people who love watching shows and movies, but anything else -- if you look at air b&b and uber and lyft the great new companies, who knows what the future holds, and you don't want and isp being able to decide what companies will make it and what services are offered. >> is there a sense that this opens up the door for new competition? netflix is a leading provider of video online for feature films and so on. why do they want to allow competitors into their space? is this about saving money for them? >> no, competition is great. if netflix has more competition, they have to work harder and users will benefit from that. there is great competition on the internet company side. there is almost no competition on the internet service provider broadband side. the fcc put out a report that 75% of american households have no choice in broadband provider. one or zero choices for regular high-speed broadband, and that has to change and that's a problem. >> it is interesting also because there are competing services. we haven't seen this, where the isp's are providing a lot of content that is dire

>> maybe this is a little bit of a hat tip, but i don't think that lyft copycat at this feature. i think that companies are often working on features at the same time and roll them out. but at the end of the day, liquidity is going to matter on this and it's going to -- you have to be very, very large to make it work. at least that's our sense of things. >> all right, we will see how that goes. i refuse to use that service personally. >> fair enough. we are seeing good pickup. but fair enough. i cannot wait to do an uber pool and see you in the car and say gotcha. >> i don't want to do this thing where i'm stuck on a was with unwashed masses. i don't want to go out of my way to pick up yet another person. i want to go where i want to go. >> there is such an idea where they drop you off -- i cannot wait to see you on the uber pool. then i'm the only person in the car and some of you could come in. you could literally have a perpetual ride for the driver. what is interesting about that you think about the driver income side of this, utilizing that car and getting the income, and al

. >> we have the ceos of uber and lyft quite a bit and i talk about wanting to talk about the regulatoryystems on the local level rather than the federal level. what are the biggest federal regulatory issues they have to conquer? >> i think they are in a somewhat different category. many of the regulatory systems that govern taxi companies where there are most of the conflicts are at the state and local level. there's very little the federal government has there, but i think the federal government has an interest in ensuring a service that is being done by someone driving and -- someone driving an uber car making sure that person has been background checked so folks can be assured they're going to get where they are going. >> are you saying if the local governments won't take care of these problems at the federal government might have to? >> i believe we have a role to play in urging states to work but i'm not suggesting we should pass laws that do that at the federal level. i do think that's an area the states and local government that our urging are going to need to address. >> while y