how did you start talking to marissa? >> the conversation with marissa was a fun one.e were looking for partners for strategic investment. we were in the process of raising money. more than just having an investor come in and cut us a check. actually show up with some technology we can lean on. resources, distribution, content that could make our network better. there were a ton of things to do with yahoo! but also, with marissa -- her vision for what she was trying to do with the company was really aligned with what we were doing with tumblr. where we were going next and what we would need. the other thing was, in marissa and in her team we were spending time with, we found an unstoppable positivity and optimism which we had come to appreciate. it is not universal across this industry. there are plenty of people with brash personalities and occasionally an intense negativity. i've always and i think our team has always been pretty allergic to that. >> did you want to sell, or did you feel like you had to sell? >> we weren't trying to sell the company. we needed to rai

by then marissa had a baby.tripper and according to her friend and nanny amy dewey, an opportunistic marissa saw dale as a catch. >> what was the attraction? >> i think that she saw a man who had just graduated from refrigeration school and had the potential to make money. it was always about the money. >> reporter: amy lived with them for a time before their marriage. >> was there any sense that dale was violent in any way? >> no. she would come home and try to pick a fight with him or try to provoke him and he would just tell her, "i'm not gonna fight with you, i love you, let's work this out." >> reporter: then came the day amy was fired after a chilling conversation, if true, would foreshadow a future grisly murder. >> she came to me and said, "dale is dreaming about having sex with you. i don't think that's appropriate." i'm concerned for your safety. dale is dreaming about killing you with a hammer. you have to go." >> reporter: fast forward to one new year's eve. dale is in his bedroom critically wounded

can be turned around and that marissa is the one to do it?ax levchin: i have lots of faith in marissa ♪ emily: if you could master one skill that you haven't mastered yet, what would it be? max levchin: parenting. emily: what would you title your autobiography? max levchin: "drive." i am not sure that is a good title, but one of the things i keep on my back as i age, i always come back to where did it all begin. what is the one thing that makes me who i am? i am 100% sure it is drive. that i got from my grandmother. i remember thinking to myself, she is 5'1", that is the one thing i have to pick up from her -- the drive to succeed is unstoppable. emily: what did you do with your first big paycheck? max levchin: nothing. i remember the day i earned my first million dollars. i was in a shower. someone else's apartment. i just didn't have time to get my own apartment. i thought to myself, remember the day -- you are a twentysomething millionaire. you should probably go out and do something to commemorate it, do something nice for yourself. emily

. >> marissa's team boasts one of the highest sales records in the company. >> we had already been doing this for over five years. so, yes, our body had been well-adjusted. the industry is really growing fast. >>> well, i strongly believe that maybe one day, maybe next year, i'll be having my own car. and big money. of course, i'll be able to put my child in a better school. >> business hours depend on which part of the world their customers are in. around mid night, the shopping spree starts to settle down. for joy, it's a precious time to study for college. my whole family is supporting me. especially my mother. >> thanks of her daughters, she has been able to extend business hours. she's been able to send joy back to college. >> a typical schedule is 11:00 to 8:00 in the morning. but i asked my boss to early out. >> at and 5:00 a.m., morning shift workers start leaving for the factories. the town starts bustling with people even before the break of dawn. at the various eat ris, people buy takeout breakfasts. one-third of mila's mame noodle soup is left. once it's all gone, they'll clo

can be turned around and that marissa is the person to do it? max: i have lots of faith in marissa. has the drive. she is probably, pretty certainly a harder working person than i am. emily: there are obviously not enough women in high places, especially in technology. as someone who likes to solve problems, how can that problem be solved? max: i am going to solve it personally for one woman by making sure that my daughter is as technologically and nerd-enabled as possible. it has to start really early. the problem is that you can't just slam dunk, everybody hire more girls. you have to begin when they are babies. you have to make sure they are exposed to everything and anything they are told they can't do. in that sense, it is actually one weird thing that the soviet union got right. socialism. when i was going up, the idea of girls, boys, not being equivalently in election we equivalently intellectually gifted. it was not imported by the government. of course girls are smart, boys are smart, it was never an issue. the fact that my grandmother was a double phd in astronomy wasn't t

s executive including ceo marissa meyer. given the range of new tools and products she announced for developers these are tools that will help developers that will measure, monetize or advertise her app, did she think those new products were going to help yahoo! take mobile shares from google facebook, here's what she had to say? >> mobile apps you are going to see it continue to rise and grow. that said we have seen in the past few years we've seen great growth both in terms of total revenue as well as in terms of share. >> marissa meyer going on to tell me. two words, she remained pretty confident. she can take share from google and facebook. remember yahoo!'s mobile ad revenue was 4% of the overall market. google is at 35%. facebook closer to 20%. meyer did tell us today that mobile adebayor revenue clocked in at $1.2 billion. the mobile ad business growing really fast. >> josh thanks. listen, i was distracted for a moment there by her voice. it sounded worse than usual, josh. do you know, is there anything in particular

you don't always do that. >> reporter: len and marissa are one of the lucky ones. they do have their lights back on tonight. as for the rest, pg&e says they plan to stay out here a few more hours to get everyone's lights back on. >>> tonight highway 9 in santa cruz county is back open. a mudslide shut it down for 13 hours today. caltrans brought in earth movers to clear out the debris. it was the first storm of the year, paul. it was a soaker. >> minimum of 1 1/2 inches of rainfall throughout the bay area. many spots would double that or more. more than 2 inches of rainfall in dublin, livermore, union city, palo alto, mountain view, san bruno, 5 inches of rain in the santa cruz mountains, san rafael nearly 4 inches, concord and marin nearly 3, napa nearly 3 inches of rainfall. it rained a ton up in far northern california, relative to where the reservoir should this be time of year, folsom lake almost back to average, 91% of normal, shasta lake 71% and lake oroville at 64%. there is still more work to do, but we're getting there, albeit slowly. we'll talk about wha

marissa mayer comes to mind. >> marissa mayer was installed there by an activist let's not forget ifnd andrew pointed that out and said as well the activists he said were offended by the mere suggestion. the female ceos didn't want to address it. it's sort of a -- >> too small of a sample size. >> when you look at the companies you laid out whether it's yahoo! go through these lists these are high-profile companies led by women. i don't know necessarily that the attack is on the women side of it. they're going after companies that they think they have the power and leverage to be able to manhandle to push to the upside. >> stef, do you see a trend? >> i think it's too small of a sample. the companies they're going after yeah to pete and josh's point they had issues. what i think is interesting is in most of the cases, the ceoss have listened and they've actually put in bigger change. you know, i look at due popts because we own dupont before the activism came in. she was trying to change and splipts the company and getting more specialized instead of being a commodity type of chemica

marissa mayer has now spun out her alibaba shares into spin co.ld you have any interest in buying all or part of spinco? >> we don't anticipate buying into an agreement with yahoo! or spinco. this is their right to do. the board obvious. they decided to do the spin off. from our perspective operating , the business day today, we have a 15% shareholder in us. that's yahoo! after the spinoff, we will have another 15% shareholder, that is spin co.. it really does not change anything from our perspective. but i would like to just take this opportunity to thank mercer -- marissa mayer and also jackie greases. they have been great partners over the last couple of years. >> i know you are a great eel -- dealmaker and you have made lots of deals for ali baba. is yahoo! on your radar at all? can i just ask that? >> we are very focused on our business in china. if you look at the deals that we do in terms of investments and m&a activity, over 90% of them are focused on how we grow our user base, how we increase user engagement, and how we expand our categor

. >> every weekend, marissa opens the house to an ever changing mob of friends, visitors, drop-ins andtic. >> they do not skimp on the food. delicious, delicious things pour out of the kitchen, a torrent, a deluge of traditional peruvian favorites. >> i do this with crab meat, yellow potato and avocado. we love avocado. >> it is like a tureen of crab meat, eggs, avocado and mashed yellow potatoes. >> okay. >> this is from the coast. >> beautiful. >> basically raw king fish dressed with aji amarillo paste, and lime juice. >> perfect. >> that's scallops ceviche. >> fresh scallops and lemon juice and garlic. drum fish, braised with a corn based beer. >> they look fantastic. >> this is spicy. >> very spicy. >> and stuffed rocoto peppers filled with ground beef and raisins, served with cheese. >> wow. >> are we lucky or what? >> we are lucky. >> that's just the beginning. there's so much more food there's no way we can show it all, much less describe it. it's incredible, overwhelming, invariably fresh and delicious and thrillingly different than what i'm used to. >> it's fantastic. >> i cou

mark zuckerberg and yahoo marissa mayer and it is widely believed the executives turned down invitation because ongoing tensions between the obama administration and s develop over privacy marries. >> we have coverage of the visit of the president today with reporting new on twitter@abc7newsbayarea. >> a rare day of work at the port of oakland with long shoremen unloading containers today resuming a frustrating work stoppage that is keeping billions in merchandise trapped port side. here are the details. >>> labor disputes have been dragging on causing slow downs of the port and yesterday a shut down. today, though, they will be back open for when day. this is a look at the pork of oakland where this is movement and vessels are lined up ready to off load. the video is from long beach the busiest port in the country. year, 29 west coast ports from seattle to day oh shut down. there will be limited operations today and the welcome stoppage continues. the sand fill is part of a labor dispute between dock workers and employees with negotiations between the union and the pacific maritime ass

. >> you mention marissa mayer, what do you think her chances are of turning things around? >> she is by far the best ceo it has had in a decade. she should not be evaluated on whether she invents something new. that is setting her up for failure. the existing businesses are big, and if you can improve those and make those work, that is fantastic. >> other than what you have written in this book, what are some things you believe that very few people agree with you on? >> an issue i have spoken about is this idea that college education has become something of a bubble. a trillion dollars of student debt is not getting what we are paying for. it needs to be rethought in a fundamental way. >> if you could start education over again, what would you do? >> get rid of the word education. >> would there be no schools? >> they would be very different. they are stuck in the 19th century. you figure out ways to make them individuated, where different students learn at their own pace. >> you have the thiel fellowship. you give aspiring entrepreneurs money to not go to school. some of t

mark zuckerberg yahoo marissa mayer and it is believes the executives turned down invitations because of continuing tensions between the obama administration and s develop over privacy matters. >> we have complete coverage of the visit all day today on air and online with reporting continuing on twitter@abc7newsbayarea. police are investigating what happened to have a man end up dead on the campus of a chiropractic college just after 2:00 a.m. when employees found a u-haul truck and broken glass on the ground. they spotted the man's body near the truck. the victim is not identified or his connection to the college. classes are canceled. >> a person has been detained for driving with a suspicious device in the car that was found when the driver was stopped in novato around 8:00. right now the deputies have not said what the device is but they said berkeley police bomb squad has secured it and several homes were evacuated. >> a group of students in san francisco staged a protest of an issue of a morals clause for teachers to honor church teaching including opposing homosexuality. >>> st

marissa miller (clapping.)e from the quality elementary school. >> it's implementing a zircony model we embrace the partnership the best had a right part of working with my students the second i get there i'm the one who hears and sees their smile they give back more to me than i give to them. >> mri recess congratulations (clapping.) our next award recipient is judy from marshall elementary school spanish. >> i enjoy this kind of work there's surprisingly things i see the first and second grade there's something about those kids their learning to be students that it is really interesting and learn how to formulate questions and to be a successful teacher have you to learn yourself your not down when you get our teaching credential dollars strategies but also things to learn about the world itself so you have to be a lifelong learn. >> judy thank you keeling clark harvey milk school. >> i got into teaching by being a community member and realizing where the needs were and also wanted to spend my life doing some

marissa guthrie and joe klein, columnist for "time" magazine. marissa, john sturltn stewart became a cutting edge social and media political critic. how did he do that? >> he came along at the right time. he could -- and cable news had ramped up and was 24-hour talking headfest. so there were always going to be times when these people put their foots in their mouths and so he had these huge targets in which to expos hypocrisy which really epndeared him to his young audience which was already suspicious of media. >> stewart is upfront about leaning left and mostly skewers republicans and fox news and bill o'reilly but it's all cloaked in comedy. >> this is one of my big problems with him. he is constantly lecturing us about the tone of our politics, but he was a big-time political commentator himself. what he added to the conversation -- >> oh, no, no no. he says i'm just the media. >> this is the game he would play. he would want to be taken seriously at some level. if you caught him in something being wrong about something or dishonest, it's ju

>> well, jon, remember marissa mayer has said that when she first got to yahoo!2012, the mobile business there was a hobby, not a job. meyer is working hard to change that. she wants yahoo! to be thought of as a mobile trendsetter. to do that, though, she's going to have to win over and excite the 1,000 developers at the conference today. >> if you're one of the leading internet assets out there, you have to have a good mobile strategy. that's why yahoo! needs to host a mobile developer conference and show it's got mobile chops. not only for consumers and advertisers but also for developers. >> now, meyer, of course, has put a lot of time, effort and resources into mobile. there's some evidence that hard work is paying off. in q4 yahoo!'s mobile ad revenues did jump 23% to more than $200 million. still, yahoo! has a ways to go before it's really thought of here as a true mobile ad leader. this year, yahoo!'s mobile ad revenues will account for just 4% of the overall market. you compare that to 35% for google, 17% for facebook, and yahoo!'s stock has struggled in

, why do we want marissa mayer the head of the company?sset and leaving yourself without a job are. charles: without a doubt, it's the two minute washing for her. -- warning for her. what do you think, darren? >> i would agree with the yahoo! call. she really has to produce something. i don't know if tumbler's going to get more involved, but now that you kind of carved out that equity into the side business, all eyes are on you. [laughter] charles: although she came, i mean, the red carpet was rolled out, everyone gave her the benefit of doubt, and i guess did she squander that goodwill so quickly? >> i actually think she listened to her investor base, and she did exactly what they told her to do, and she realized significant appreciation and value. now that that's carved out and on the side, she now has to figure out what's the second act. charles: what do you think, matt? >> fast eddie lampert over at sears holdings. [laughter] this guy's a disaster -- >> well, he was senator -- smart for years and years. charles: was he really smart? >>

s developers conference what are traders want to hear from marissa mayer today. excuse me.e makes her keynote address. put me in coach, our call rating is a buy on the bag maker. our desk is far from unanimous on that one. the handbag wars. we are celebrating tonight's 100th episode of "american greed" looking at some of the show's greediest scoundrels. >> american greed 100 the greediest scott rossstein the fraud ster, attorney turned criminal mastermind with a ponzi scheme worth $1.2 billionp. american greed, 100th episode tonight at 10:00. what does it mean to have an unlimited mileage warranty on a certified pre-owned mercedes-benz? what does it mean to drive as far as you want... for up to three years... and be covered? it means your odometer... is there to record... the memories. during the mercedes-benz certified pre-owned sales event now through march 2nd, you'll get complimentary pre-paid maintenance and receive your first two month's payments on us. only at your authorized mercedes-benz dealer. us now. welcome to the show. first time you've been on happy to have y

get marissa mayer out. i think marissa mayer should take over for tim armstrong. revenue declined.reason they made the number tax write. let's go. >> what's on "mad." bob pisani talked about spain and the valuation of apple. this reminds me of hoover when he said look babe ruth asked why they made $5,000 more than hoover. i had a better year. this will tell the tale of the week. >> claim ber always brings it. >> west virginia senior dean. cisco, back and better than ever. >> "mad money." op-ed in the journal. [ male announcer ] at northrop grumman, we know in the cyber world, threats are always evolving. at first we were protecting networks. then, we were protecting the transfer of data. and today it's evolved to infrastructure... ♪ ♪ ...finance... and military missions. we're constantly innovating to advance the front line in the cyber battle, wherever it takes us. that's the value of performance. northrop grumman. i'm type e. my golden years will not just be gold plated. i had 3 different 401(k)s. e*trade offers rollover options and a retirement planning calculator. now i know "w

here, but this time he's getting a pretty big snub from some, facebook's mark zuckerberg, yahoo's marissa meyer and google's larry paige and eric schmidt are not going to the cyber security summit. bloomberg reports it's because the feds are hassling thing over data encryption. tim cook is going. he'll probably talk about apple security policies. the company recently changed technology on the new iphone to encrypt data much to the government's chagrin. after the president wraps up at stanford he'll be heading to a democratic fundraiser tomorrow night on russian hill and takes off saturday morning. it's a sure bet traffic will be a mess on the peninsula and in the city. >>> luke fignora's luck ran out. he was getting ready to stand trial. prosecutors accuse him of taking delivery of $11 million of art and not paying for it. tonight we are hearing the fbi director made a rather startling public admission about the problem of racial bias. he says yes, it does influence police officers every day. >> two young black men on 1 side of the street look like so many others that officer has locked u

emily: you think marissa mayer is doing a good job? john: i think it is a reasonable job.on't know her very well. met a couple of times. yes. emily: you are also a father. you have four kids. what kind of a parent are you? john: i'm close to my children, and i always enjoy time with them. i do not spend a lot of time with them, unfortunately, because of the nature of the job, running around the world. thankfully, they all grew up pretty good. i feel good about it. emily: how do they feel about you living half here and half in canada? john: i think my wife loves it. we have been married 34 years. you know, i think she is, the time she does not want to see me every day. it is good. if i go home early, she always says, what's wrong? you are not feeling well? i say, i just want to come home early. i am serious. i am not making any of this up. anyway, they support me. if i'm happy, they're just fine. emily: what's an app you can't live without? john: e-mail. emily: facebook or twitter? john: neither. emily: why not? john: i tried it. i got so hooked on it. i'm spending an entir

. >> reporter: yahoo's ceo marissa meyer said when she first joined yahoo in 2012 the mobile business there was a hobby, not a job. these days meyer is working hard to change course. that's why today, she hosted yahoo's first ever mobile developer conference. where the company announced a sweep of products for developers and touted yahoo's mobile success. >> this reinvention of our products for the mobile space is we're having the achievement i'm most proud of as my ten years at ceo. investment paid off. tremendous growth in terms of users, revenue and time spent. not only have we seen the growth but outpacing of the historical rate. which, by the way, wasn't that hard. we have actually outpaced the industry rate. >> reporter: meyer said yahoo generated more than $1 million in mobile ad revenue last year making the company the third largest ad company in the world. still. meyer has a lot more work to do. this year actors yahoo ad revenues account for 4% of the overall market. . compared to 35% for google and nearly 20% for facebook. the challenge had is even with a lot of progress the

. >> reporter: well, tyler, marissa is about to speak here to the 1,000 developers, critical, of course, she is impresses the audience. we expect her to talk on two broad issues. one, to introduce new services new tools for developers so they can better understand their users, better monetize their apps, and also it's expected that she's going to make news about the mobile ad technology. remember yahoo controls 4% now of the mobile ad market according to e-marketing. compare that to rivals, 35 % for google and 17% for yahoo. look at the stock. still in the green over the past 12 months but down sharply from that recent high in november. i'm going to head inside right now, and listen to mayer and brain you headlines as they cross. back to you. >> thank you, josh. >> another huge story today, and that would be? >> walmart, they address everything today from the port problems out west to the minimum wage, all on earnings day, a day in which they beat estimates. shares were clie es sent earlier, and so far, up 12% over the past month, but today, down about 2.5%. carl sat down with the walma

marissa mayer also majored in symbolic systems. what is that?so, symbolic systems -- it's a unique major to stanford. and, it's -- the simple explanation is cognitive science and artificial intelligence -- although most people will think, 'that isn't simple.' but really, it's actually a step deeper, which is -- part of what is performing the world are these notions of systems of symbols. whether they're computer programs, whether it's mathematics and logic, whether it's models of how we think and psychology -- i think i was the eighth or ninth person to acquire the major. >> so while you are at stanford, you met peter thiel. >> yes. >> tell me how you met. >> peter and i had both been told about each other by people we knew. i was told he was this really right wing person, he was told i was this really left-wing person. we both went, 'wait a minute, i've heard about you.' and so we grabbed coffee, and i think we argued for eight hours. right, because we were like, 'oh, you can't believe that.' and then we were like, 'that was fun, let's do that

. >> reporter: neighbor marissa clemons through on her bathtub grabbed her dog and ran for her life. >> i her bank, bang, bang, bang four explosions big. like i said i look out and the sky was so black i thought -- i didn't know what was happening. >> firefighters eventually used a foam retardant to put out the fire. but strong winds blue that thick smoke everywhere it could be seen for miles. evacuateed neighbors were finally allowed back home by mid afternoon. their homes were safe but the smell of oil persisted. >> doesn't smell too good. >> reporter: no it doesn't. you can take look it's getting dark kind of hard to see. you see a green dumpster brought in a little while ago again as the dee pre removal continues. the environmental concerns still being investigated. if you're driving this area a couple places to avoid route 90 east is closed at route 73. as well as route 90 east ramp to both north and south 130. best to avoid this area. we're hearing crews could actual be on the scene for upwards of 48 hours. lucy and iain. >> all right, brad, thank you. witness who's were just t

among them, facebook's mark zuckerberg, yahoo's marissa mayer, google's larry page and eric schmidt. it's reportedly because of a fight with the feds over data encryption. the tech companies want to protect consumers they say but that makes things harder for spies. >>> a record day on wall street today. the s&p closed at an all-time high. that's good news for your 401(k). the dow closed over 18,000 very close to its record high. and the nasdaq is now at a level not seen since 2000. we asked kcbs radio's financial reporter jason brooks where the boost is coming from. >> reporter: that's rising oil prices, crude up a dollar 50 almost at $53 a barrel. that lifted the energy sector and as a result lifted the stock market higher. >> in recent weeks, the stock market has followed the rise and fall of crude oil. >>> trapped at the bottom of a cliff for days. a woman's only hope, her will power and legs. >> i had to keep going step by step and i would stop and pray. >> the grueling climb that saved her life. >> a school bus out of control taking kids from a wild 15- minute ride. the quick th

they include facebook's mark zuckerberg, yahoo's marissa mayer and google's larry page. the snub reportedly is linked to the pressure from the government against those companies to scale back data encryption policies. tim cook is going to be there. the apple ceo will probably talk about apple security policy. the company recently changed the technology on the new iphone to encrypt data much to the government's chagrin. so after the president wraps up in stanford he will go to a fundraiser tonight in san francisco on russian hill. he will take off saturday morning. today traffic will likely be a bit a mess not only on the peninsula but here in the city, as well. >>> the west coast port slowdown is costing businesses millions of dollars. ports including oakland will be shut down for presidents day weekend. shipments have slowed to a crawl. the pacific maritime association and the international longshore and warehouse union are trying to agree on a new contract. perishables are starting rot as containers sit on the docks. >> in this yard we have had loads of oranges sat her