he called on hp ceo meg whitman to deliver details on the alleged accounting problems. google wins a victory as it fights claims it scanned private gmail messages. they rejected the plaintiff's request. she wrote that central to the case is whether they gave their consent and must be litigated on an individual basis. first, to the lead. our editor-at-large cory johnson here. they seem to be concerned about these tech companies that have gone public. alibaba has said they will go public but lots of questions about the corporate governance structure. you have been digging in. what worries you? >> there is -- it is interesting it is getting attention. a lot of these were overlooked. some of the coming ones like reverse mergers that happened last year. >> that sounds great. >> the corporate structure is enormously different. they have rules about who can own companies and it is not people who do not live in that country. the owners of these companies are not the owners. they made it clear in their filing, it is an f1 filing. you are buying a holding company in the cayman is

. >> the highest regard to meg whitman. we will meet in just a minute.cannot even deny that something is wrong when they look at an all-white and in-male board of directors 2014. i think about this week we are -- we were arching for the right to vote 49 years ago. we could not sit on jurors. you could not vote on campuses and we are a better nation than that now. these companies should reflect that better america. click silicon valley does not reflect that. we looked at statistics that show enter backed companies them only one percent had a black founder. 83% of the teams are white. within silicon valley the jobs cap is substantial. 9.2% of tech industry workers. a lot of those computer science degrees are not resulting in a lot of lack and latino workers. even our government [indiscernible] capital inss to technology and growth. that is why blacks remain locked in the economy. decision is built on capital and trust and credit. we can i get the capital and we credit.et the trust or we cannot grow and we want to grow. that is america's growth. >> you are

. >> i have the highest regard for meg whitman.er of fact, we are meeting in just a minute here, and we're going to talk about it. they can even deny something is wrong when you look at all white male board of directors and a couple of women in 2014. this week we are marching for the right to vote for nine years ago. you could vote bilingual. we are a better nation than that now. this company should reflect that better america. >> silicon valley does certainly not reflect that. we looked at statistics that venture backed companies, only 1% of those companies have a black founder. 83% of the ceo's are white. within silicon valley, 18% of computer science degrees are awarded to black and latinos. 9.2% of tech industry workers are black and latino. a lot of computer science degrees are not resulting in black or latino workers. >> even an article in "wall street journal" said that our government has not been making capital available. that is why blacks remain locked in the bottom of our economy. you do business with the people that you

and meg whitman's oops today. last week, saying h.p.ld make a 3d printing announcement this june. and now, josh lipton has the story. >> h.p. planning on rolling out 3d printers, just not as soon as meg whitman recently suggested. over the weekend, the company saying whitman made a mistake last week at the company's shareholders meeting, when she said that h.p. would make a big technology announcement in june. now, the announcement will come by the end of the fiscal year. so, october 31st. shares of 3d printers ended mixed in today's session. the problem with 3d printers is they're often slow and the quality isn't great. whitman saying h.p. has solved both those issues. what does 3d printing mean for h.p.'s bottom line? exposure to a fast-growing i have. but h.p. does $100 billion revenue. it's hard to see how a move into printers can have a material impact. the more immediate benefit, analysts say, is perception. whitman wants to remind investors that h.p. can be capable of innovating and disrupting industries. >> do you read this as t

file te of meg whitman) joe: republs don't have a deep bench in , and when you do have a cell fundern business problems...even if you do ha ton of money, that doesn't n that you don't have any problems. nc_matier#1#001 - 08:09:18;09 but jerry brown problems as well...there are still some areas where he's vulnerable, wouldn't you sa woman: we are at the bottomf the barrel in , we have among the , , and taxpayers and business are fleeing ca so it's a pry sad situation for ca that 's the best either party can d (cut to) nc_matier#1#001 - 08:11:07;28 one of the thin i've heard republicans telle is that when it comes to th state, it's so expensive ton here--that if you're going spend 20 or 25 million, why spend it in ca and not other states? woman: california is viewed as a basket case wite legislature controlled by t democratic party, that you d replace the governor and stl be stuck with a bad legisla situation. so is it jerry'so win, or jerry's to lose? wo: it's jerry s to win. how's e going to lose it? woman: the would have to be some scandf apocalyptic _ _ for that to happen. (anchors

. >> in the hp meeting, you said something about meg whitman paving the way for marissa and sheryl.you mean by that? >> there are some black women that have benefited from the growth of meg whitman, and that is a good thing. our quest for black and latino and women growth, fighting marginalization has been a consistent one. here we are today. we think of a market of 300,000 employees at hp. 80,000 in america and 220,000 around the world. the board does not look like the marketplace. the marketplace has talent and money and growth. the company should look like the marketplace, global and american marketplace. we simply demand justice and fairness. >> do think the reason is racism? >> or cultural, however you put it. the result is exclusion. exclusion represents limitations. people who are unemployed should be working to do what? to buy products. we want young people to learn how to do apps. we should have a pipeline between east palo alto and stanford. but right now, when you cut off access to apps, access to education, you simply cannot be a meaningful dismay, and that should be all

cheryl: meg whitman was giving away the sector space. the company of salt was speed and quality. is ice melts. and the quality of the product was coming out of the 3d printers, low-quality. 3d printing stocks, 30% for example, 3d down 20%. look at that they are in the red. an exciting announcement, and watch for us in june, we may be coming out with an announcement in june saying hp will get into 3d in a big way. and they're looking at this base intensely. cheryl: 3d printing -- >> we talked to wall street analyst. the speed for which it takes to print 3d printing slow. this is so important to watch we are going to target the business market. it is sort of like going to fedex office to drop off as a consumer something for fedex to ship. that is what they're looking at. the problem with h p and this is what wall street analysts were saying, watch out for this. hp has $18 billion in long-term debt in the balance sheet. $16 billion in cash. and a move into this market in a big way, that is the question. cheryl: love that story. two weeks ag

meg whitman said what you mentioned, but she also said we're going to get into the business.to 3-d printing as the holy grail in terms of taking cost out of their aircraft engines. 3-d talks a lot about their consumer side, but really it's their industrials. 90 % of their revenues are coming from the aircraft and automotive industries as well as health care. there are a number of ways people are are playing that. cheryl: i guess the reason those comments came to mind is we've been so bullish on the 3-d sector ask all these companies, and i'm going to get a new me in 20 years that's going to be 3-d printed. she kind of said wait a minute, there's a lot of question marks, and the quality that we're getting from these machine isn't where it needs to be. you mentioned some of the industrial names like a ge, that's kind of her concern. >> well, you know, we've already seen major joint ventures with hershey's, with google, with, you know, a number of companies. and they're really showing through their revenue growth that they are, actually, able to produce products that are interes

you saw he joins hp meg whitman.tes reclaimed the spot of the wealthiest person of the year with $76 billion, give or take. >>> lot of money. developing news just into our news room. police inguevestigating reports a transgender teen assaulted. >>> one more quick look at the weather. >> we do have the showers moving across tonight. that's going to linger through about 5:00 and 6:00 tomorrow morning. highest in the north bay. as we head throughout this upcoming wednesday night and thursday, a second storm system this week looks moderate in nature but more rainfall. >> all right. we'll take it. good flignight. >> see you at 6:00. >>> on our broadcast tonight, under siege, a dramatic escalation by russian forces and as the american president and nations around the world are now speaking up. but what are the chances the russian leader is listening. >>> and the big hit, stretching thousands of miles across the country. tonight 17 days until spring, snow having shut down the government in washington again. is there any end

meg whitman saying at a shareholder meeting that the company will make a big technology announcementunding 3d printing. it is the latest development about h.p.'s involvement in the space. great to have you with us. >> thanks a lot. >> i get that this investment by h.p. will validate the space and the excitement around the space. you also say you don't believe that competition will actually increase for any of the 3d printers. why is that? even at the margins, it seems that h.p. could actually impact the sales, particularly if they're going to focus on industrial printing. >> actually. we do think there's going to be competition that comes up with h.p. entering. and h.p. has a lot of i.p. with ink jet printer heads that they have in the 3d space. if 3d printing goes up a small number, it's a $100 billion can they have. there's a lot that will come in. but there's room for all of these guys to grow, hopefully in a successful and profitable way going forward. >> you say that the 3d printing for the industrial space is $10 billion is the figure that you gave? >> if you look at the indust

from meg whitman, to marissa mayer, to mary mack, to mary barra i see velocity happening in the fortune 500 firms and this is just another example in 2014. >>also there's velocity in younger firms where women are coming into their own. >>absolutely. i think a lot of people don't realize that 52% of americans actually don't work for large firms and women's percentages in executive roles are much higher in small and medium sized firms. the true potential and opportunity if i were to advise a young woman who wants a leadership role and quickly accelerate i tell them to go to the young firms. the national bureau of economic statistics say that firms between 1 and 5 years of all sizes have the most growth opportunities for people who really want to pursue executive opportunities. >>the real growth area in our economy is technology. what about women there? >>i wish there were more women in technology and i'd love to see momentum behind it. but women are fast adopters of technology. especially the technology they see useful like mobile devices, social media, and marketing. they are also creati

. >> you look four years ago, meg whitman was the republican nominee for governor. ron, head of hp, was the senate head. they both lost. what were the lessons learned from those two races? >> obviously, money can't buy you an election, money isn't everything. you have to build a nice grassroots base and do it year after year. it begins and ends four or five months before an election, and once it ends, it starts all over again. you go to some of these communities, and when you're absent four, five, six, seven months, it's very different. i think what we learned from democratic parties, they have an ongoing cycle going every single month, and that's what we started to do. >> they're declining voters, not republicans, not democrats. what are the republicans doing to try to appeal to those voters? >> i think republicrepublicans, interviewed tim donnelly, he said it's not about social issues, i need to talk about financial issues. when you talked about the fact that you need to lower taxes, you need to improve-, the econo neal is talking about, focus on fighting poverty,

separately at the company's annual shareholder meeting yesterday, ceo meg whitman hinted hp might enter the 3d printer market in june. shares of conagra foods maker of ketchup and healthy foods surged. but its packaged foods company continued to struggle and sales just missed wall street estimates. still conagra shares were up 20%. a jump in home deliveries and selling prices, earnings jumped almost 35%, revenues surged 38%, but the home builder said it's still too early to predict the strength of this selling season. >>> and arkansas court tosses out a $1.2 billion ruling against johnson & johnson. the lawsuit accused the drugmaker of improperly marketing its anti-psychotic drug risperdol and concealing its risks. the judge overturned the ruling saying the law didn't apply to pharmaceutical companies. shares were up a fraction to 94.12. symantec the maker of the norton anti-virus software fired its ceo. a board member was appointed interim president and ceo. this is the second time the company has fired its top executive in less than two years. shares initially fell after hours, the st

. >> meg whitman in one of the e-mails seems to indicate the hit to ebay's margins for the degree ofarded to some of the workers. >> full disclosure, i don't know all that much about this case but i would ask a quick question to everybody here. these are people with jobs, correct? and are there not other companies that they could have gone to besides google? >> right but what's most interesting to me is, okay, one of these e-mails between eric schmidt and some of his deputies described a call that he had with meg whitman and he said this was a rough call with a good friend. okay. ebay and google were familiar with each other at the time but the nebulous of the companies that the agreement supposedly actually included when you think about it, nvidia, think about even our parent company comcast is listed, ibm, this spans really far and wide, and this is not just people playing in their backyards in silicon valley which is interesting and especially since eric schmidt in one of the e-mails says, guys, let's discuss this orally so we don't leave a paper trail. >> it seems quite clear, da

when meg whitman ran she said it was not implemented by a schwarzenegger that it was a no-brainer simple like the department of motor vehicles you register once a year under the performance review you extend that at two years. you pay more but you pay it over two years so there is less bureaucratic work. simple things. joel fox former president of the taxpayers he saw it was not implemented. he asked why to arnold. basically he did not want to take on the left. with those initiatives of 2005 he was bt and basically gave up. by the end of the term the chief of staff, susan kennedy was a former executive director. what steps? is called the california performance review. among the other things with those it is of democrats michelle agreed to use to be the chancellor of the district of columbia's school system has an organization called students first and another one that we want to reform our schools. repaid teachers the top level of fourth graders are finishing 44th and 46 and 48. repair teachers at the top but the kids performed at the bottom. there is no accountability. texas does of bet

such prospects will be far from investors minds as they hear from meg whitman, ceo of a stronger hewlett-packard's monthly earnings. all stocks are expected to report to stronger earnings are share and then in the year of go quarter. as those companies turn in their scorecards, the west will release and received a few grades of its own with existing home sales leading indicators and account balance data. all out next week. on friday, fixed ratings will announce its review of the u.s. sovereign credit rating, now a aaa. , two ofegative outlook the three biggest ratings firms will give the u.s. a grade lower than aaa. >> yang yang joining us from washington. thank you so much. they with us. we will have another check on the market movers on the other side of the break. bottom line returns in just a moment. ♪ >> we have breaking news. we are receiving word that the united nations security council will vote on the ukraine resolution on saturday. the un security council scheduled to vote on the ukraine resolution on saturday. that yuan action coming put a four hours before that referendum taking plac

were not allowed in the meeting, but jackson is reported to have had a 10 minute exchange with meg whitmane defended the company saying it has a 40 year track record for fighting for racial diversity among suppliers. jackson said that's not enough. >> this board does not look like america. >> outside the board, jackson shook hands with supporters. >>> some delegate work today on a construction site in the east bay after the discovery of a native american burial site. ktvu's mike me back explains today's work is being overseen by one woman who feels very deeply about the discovery, and the links to her tribe. >> reporter: sitting in a small pickup, arms over the steering wheel, parked on a large lot we found a native american loading. >> a lot of people think we're extinct. >> reporter: crews delicately removing from a native american burial site. >> my job is to make sure they get respected, before they just mow over them. i do this for my heart. i'm not doing it for any other reason. >> reporter: this is not the first native american burial site to be found in this area. ramona says it ju

were not allowed in the meeting, but jackson is reported to have had a 10 minute exchange with meg whitmannded the company saying it has a 40 year track record for fighting for racial diversity among suppliers. jackson said that's not enough. >> this board does not look like america. >> outside the board, jackson shook hands with supporters. >>> some delegate work today on a construction site in the east bay after the discovery of a native american burial site. ktvu's mike me back explains today's work is being overseen by one woman who feels very deeply about the discovery, and the links to her tribe. >> reporter: sitting in a small pickup, arms over the steering wheel, parked on a large lot we found a native american loading. >> a lot of people think we're extinct. >> reporter: crews delicately removing from a native american burial site. >> my job is to make sure they get respected, before they just mow over them. i do this for my heart. i'm not doing it for any other reason. >> reporter: this is not the first native american burial site to be found in this area. ramona says it just add

. >>> meg whitman announces a through 3d printing strategy. is it too late? new developments in the search for the missing malaysian airliner. update, yes, from australia, next. in the new new york, we don't back down. we only know one direction: up so we're up early. up late. thinking up game-changing ideas, like this: dozens of tax free zones across new york state. move here. expand here. or start a new business here... and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com ♪ >>> hp ceo meg whitman says look out for hue t let pack card's 3d printers. expect a big announcement in june for the space. jim cramer had this to say earlier. >> listen up, solid investors. hewlett hewlett-packard. when is hewlett going to move in? they've been considered down the next 3d. this also going to hurt 3d. dvd. >> 3d, it's all a talk of the town. josh lipton joining us in san jose with more. josh? >> yes, simon, it was actually the ver

facebook chief operating officer, that is cheryl sand burg made her debut on the list and joins hp's meg whitman walmart's christi walton. bill gates is in the top spot with $76 billion. >>> still to come, an injured bear wondering around one of lake tahoe's most popular ski reports. what happened next and why the drought may be to blame. >>> i'm marianne favro live in santa clara where police are investigating two armed robberies minutes apart. that story coming up in a live report. >>> and the international community is keeping a close eye on the growing crisis in ukraine. the options u.s. and world leaders are considering to deal with what some are calling a russian invasion. ♪ i wish i was made of money. i wish you were too. chances are, you're not made of money. so don't overpay for motorcycle insurance. geico motorcycle. see how much you could save. >>> stepped up patrols at santa clara university of reports of two armed robberies on campus within minutes of each other. the back to back robberies prompted an issue of a campus safety alert immediately. it happened saturday around 1:00 in th

. >>> hp's ceo meg whitman is saying the company will be outlining plans that enter the commercial 3det in june. speaking at hp's annual meeting they say they've solved a broader manufacturing process including the speed at which things print. >>> and the battle of the console sess heating things up after the company unveiled a new headset designed for its play station4. >> sony now wants to make your experience more life-like. sony has entered the world of virtual raemt at the game developer's conference in san francisco. here is how it works. you own the play station 4, you slip on the headset and you feel like you just stepped inside a video game as if you are in that shoot-out or high speed car chase. when i tried it out, as advertised, it felt like i was in a totally sub-americansive 320 degree virtual world. this is just a prototype. the final sergz is not out. sony now needs developers to test the technology. there's oggulate, which has attracted about $90 million in funding. its virtual reality headset offers that same experience. there's the grip, which could be used for virt

saying about half its leadership team and board of directors are minorities and women and its ceo is meg whitman. >>> another bay area county could soon be asked to cut back on water use. in about half hour, the contra costa water district board will consider a voluntary 15% cut. it would affect 250,000 customers in central contra costa county. the board will also consider a ban on watering lawns during the day. >>> hundreds of farm workers rallied outside fresno city hall today voicing concerns about water allotments. farmers will get no irrigation water delivered from federal or state water projects this year. they are calling for changes in federal environmental laws and construction of new reservoirs. the house of natural resources committee was meeting inside the capital about the state's drought prices. >>> why california faces a severe shortage of doctors. >> how wikipedia could get 21st century students to do some old school homework. >> good evening to you. the 6:10 sailing of the golden gate ferry is just about to head back to san francisco. can the weather get any nicer? 73 degrees in

. >>> plus, hp creeping towards a new high today as ceo meg whitman finally turned things around? we have a bull and a bear battling for your vote in our debate. we'll be right back. >>> welcome back to the "halftime" show. li hewlett-packard jumping up. should you buy into it? let's debate it. joe terranova is the bull. stephanie link is the bear. 1:30 on the clock. >> let's first xwin with the downside and why i believe the downside is protected and that has to do with free cash flow. the generating the free cash flow $2.4 billion up 19% year on year. the returned half of that to the shareholders. the restructuring strategy is clearly in place. what potentially occurs for this company is growth. yes, i said growth. for hewlett-packard. it can occur. you will see multiple expansion and take this company from potential i with a pe around 8 just up to possibly 9, earning 365, 370. i think that gets you to the mid $30 to maybe the upper 30s. growth is evidence, it's there, it's coming. >> i don't think growth is evident with 70% to 80% of their products either in commodity like busi

meg whitman completely turned this company around.his year, performs almost equally well. >> has she, really? turned the stock around, pete. i think it's a little early to say she's completely turned the company around. >> two years, she has completely changed around the fundamental story behind the books, some of the financials, and the direction of where they're going as a company. i think for those reasons, you got to look and say this five-year plan, first two years, phenomenal. >> it will take a long time to move that shift, pcs and printers are still over 50% of the total revenues of this company. yes, i get that she's getting into higher growth areas but guess what? service now is 100% cloud. why not go -- >> the pc is not dead even though everybody wants to say the pc is dead. you can see through the last earnings cycle, it is not. >> final trades. the winner of the debate, next. [ female announcer ] who are we? we are the thinkers. the job jugglers. the up all-nighters. and the ones who turn ideas into action. we've made our

such prospects will be far from investors mind as we hear from meg whitman, ceo of a stronger hewlett-packardawait earnings from the likes of oracle, fedex, general mills, nike. all stocks are expected to report higher earnings per share. as those companies turn in their scorecards, the u.s. or release them received a few grades of its own with existing home sales , leading indicators. a downgrade by fitch would mean that two of the three biggest ratings firms would grade the u.s. lower than aaa. the high-octane world of finance is stressful enough. a lot of people know that. spend theirg banker downtime anymore demanding environment. they represent the davis cup. they are totally focused. is work hard, play hard. for two bankers in hong kong, their play is 100% work. they dedicate their downtime to tennis. american spends the week plugged into the high gain world of trading. at the end of the day, they go their separate ways. it is forehand, backhand, serve and volley. again.in, and again, and the aim is davis cup glory for hong kong. with all of the time in the world to practice. >> we're a

he was one of the rocks that help them get through the tough time going through meg whitman.flicts have been -- mark andreessen has recused himself. i don't understand what it's all about. >> he is talking about perception here. how much does perception play into all this? matt and i have talked about this. if you were on the board at ford , alan mulally probably really wouldn't like it, even if it was an incredibly minor investment .n gm or another car company why is it tolerated more in silicon valley? >> there are so many different businesses, people have investment in so many different companies. that, and ieasure don't see any direct conflict here for these board members. again, why go back five years? this is an old issue, and i think it has been carefully reviewed. i think from the standpoint of good governance, you don't want to have conflicts. every board i have been on has been carefully reviewed. i don't buy competitor stock. there is a materiality rule about doing that, but i just make it a practice not to do that. one has to be very careful, and the directors of

ceo meg whitman says they need to get into the 3d printing market.s up at 32, i think that is a high. stay with hp for the moment. we had a president ceo of 3d systems. they were very interested in the idea of 3d systems are 3d printing. welcome to the program. are you worried the big guys are coming into your turf right now? >> i think it is very validating the big guys are coming. we think it will be good for the whole state, we are not waiting for them to come. whave been announcing some products coming into the market, engineering capabilities from xerox. built in the first high-speed printer from google. stuart: you're very, very good getting her talking points across. you have got to be considered a takeover target. you have to be seen as a buyout had it, you? >> we are interested in generating shareholders. stuart: be reasonable, wouldn't you like to cash out if somebody take you over, you walk with a alien or something like that, you don't want that? >> i think there are greater growth opportunities for us and we have worked very hard to posi

meg whitman raised almost $2 million in her attempt in 2010. california's a big state. this issue? is there a way to take money out of the elections? >> i don't know how to do it. all that happens you cap the hard money, money that goes into a campaign, independent groups spring up, union fund it big business, independent groups, in unlimited dollars. it's very hard. right now today a double standard, asset managers can't give what their -- if they're managing money, they can't give -- >> pimco, bill gross can't donate to you? >> bill gross can donate $150 to me. >> now that mohammed's out, can he donate? >> if he's watching. the high-speed rail contractors are unlimited, they can give money, and they are, giving money to governor brown. >> you're prepared to cut it out? >> yes. i've said, cancel the high-speed train, spend more building storage, capturing rain in good years, feed our farms and communities when there are droughts in future. >> tallest smurf. no one can get mad at that, because they're not real. >> may be little blue people somewhere. >> what color do th

chief executive meg whitman telling shareholders on tuesday that the company will make a very big technology announcement regarding how it will approach a market that has excited the imagination of investors and consumers. i'm excited for that. >> i think it's a while before it has a huge implication for manufacturing. there's not too many things that you'll be able to order that you can go to the printer and do instead of off of amazon or something like that. >> yeah. but five or ten years from now, there will be serious -- >> potentially. >> we know somebody who bought a pair of glasses that was made. >> i fired a gun that was made from a 3d printer. >> you did? >> i watched the guy make the clip and the hammer. >> wow. >> and came out of the milk, which is basically a white chemical where the laser heats it up. it takes a long time, but this was an old gun the guy was using. it was part of a documentary. and the gun worked. >> scary. >> it's not that everybody is going to have a printer at home and that you can make anything in your printer. because you need the kwif lend of the ink, righ

fail as candidates especially their first time well we've seen figures have any i mean ross perot meg whitman mitt romney i mean if you take a look at the history of what does it take for the republicans to understand you know what we might have the wrong formula here we may be looking down the wrong trail if really paul when you when you write about this topic you say something that is so intuitive and it is this most americans are business owners most americans work for companies that own businesses but there are business owners their interests are different aren't there yet and that's something i think republicans are just beginning to understand a couple of weeks ago there was a meeting of house republicans where eric cantor the house majority leader got up and made this point and apparently from the reporting on it the some of the members in the room were kind of incredulous that they hadn't really thought about it that way that most people work for someone else and they and he was telling them that you know we have to kind of wrap our brains around this idea and speak to people where th