>> chairman of apple, mark zuckerberg and milner is sitting next to zuckerberg and milner's wife is sittingext to him and sergey brin has the glasses. now they are now focused on life sigh sentenche is no sciences. mostly because of challenges in their own families. and seeing medical advances happened. and that's what we are watching for here. and interesting to see what they have to say about and what they have done to do philanthropy in this way. interesting. bill gate have done fill has do fillenthropic events. there is a prize, today with the initial -- this initial prize in future years, five scientist willet the prize each year. again that is $3 million. by contrast the noble prize is 1.1 million. this is a lot of money for people pursuing life sigh ens breakthroughs. >> thank you again jon fortt. >>> new details on the court battle over the domestic diva. >> fresh off his tesla test drive. phil lebeau looks at what everyone need to look for in tonight's earnings report. >> cnbc realtime exchange market snapshot is sponsored by interactive brokers. ant active brokers, professional's

you've got uri milner on this group that has financed a lot of companies that you might actually thinkort of the face of the new technology. you're not all people who normally work together in business. you're kind of competitors. >> yeah, i think all these companies work together more than people think. but the big thing here is that you know, science and technology are very closely related. and when you're building these information technology companies, the market rewards you and you can make a lot of money. but a lot of folks who are doing such extraordinary work in science don't have the same opportunity, and because of that, i think it would be a shame if a lot of folks were growing up trying to figure out what they want do don't choose to go into such critical work because of that. if by having these prizes we can give incentive and can kind of make some of these folks a little more well-known as figures that some younger students want to grow up to be like, then we're doing our job here.

the new life sciences break through prize was created by zuckerberg, google founder brin and milner, 11 researches were awarded $3 million each in areas like cancer research and gene mapping. zuckerberg it is aiming to entice more young people to enter the science field. >> hopefully what we are doing today will create something that is an inspiration to folks to encourage more work that you are taking on. >> the recipients of this year's prizes will help to choose next year's winners. the next award will have five prizes each focused on a different disease. >> why you need to shell out more money, or cash, next time you park in san francisco. >> it's like a smartphone for your head. google gives us a peek inside their latest technology and how you can get one for yourself. >> and thousands of california workers forced to take big pay cuts. perhaps, the details next. >> california will be hit hard, that is the prediction from defense secretary leon panetta, he told congress today the automatic spending cuts will cripple the workforce. he said quote the vast majority of the workers wi

biggest names in tech like sergey brin, apple chairman art levenson, and venture capital lift yuri milnerces recognizing curing disease and extending human life. this many week it awarded 11 scientists $3 million each almost three times as much as the $1.1 million nobel prize. i spoke to him and ann would he jis ski, the founder of the genetics company 23 and me and the wife of google co-founder sergey brin. i asked zuckerberg why the world needs another prize. >> society has a lot of heroes for a lot of different things, but we don't have enough heroes who are scientists and researchers and engineers. these people are just doing great work. and what we're trying do is set up this institution and do what we can from the sidelines of that work to reward and recognize the amazing stuff that all these folks are doing to cure diseases and expand our understanding of humanity. and improve all these people's lives in different ways. we feel if we can recognize that work that it can inspire more folks to do similar folks, as well. >> ann, when you announced the first round of winners, of them, i

you've got uri milner on this group that has financed a lot of companies that you might actually think of as competitors. this is sort of the face of the new technology. you're not all people who normally work together in business. you're kind of competitors. >> yeah, i think all these companies work together more than people think. but the big thing here is that you know, science and technology are very closely related. and when you're building these information technology companies, the market rewards you and you can make a lot of money. but a lot of folks who are doing such extraordinary work in science don't have the same opportunity, and because of that, i think it would be a shame if a lot of folks were growing up trying to figure out what they want do don't choose to go into such critical work because of that. if by having these prizes we can give incentive and can kind of make some of these folks a little more well-known as figures that some younger students want to grow up to be like, then we're doing our job here. >> thank you for joining the conversation this we on "your mon

the royalty of silicon valley, facebook founder mark zuckerberg, google co-founder sergey brin, and milner. today they weren't talking tech. they were rewarding science. >> the reason i'm excited about this is because i think society needs more heroes who are scientists and researchers and engineers. >> reporter: the group is banding together as an innovation dream team to launch the first ever life science breakthrough pride, one of the world's largest research awards. for its first out iing it's awarding 11 medical researchers $3 million apiece for their work. >> hopefully what we're doing here today can help create something that will be really inspirational to folks to encourage more people to do the important work that you are taking on. >> reporter: going forward the group will hand out five $3 million prizes a year, each going to a different disease research. brim says google will focus on park parkinson's disease. >> to have this kind of platform, for parkinson's res research. >> reporter: among the recipients is cancer researcher louis cantley. >> it was a shock to me to learn of