to 25 inch platforms. and while these issues are legitimate, they are also short term, and should cal train proceed with the vehicles, this action will forever lift the system's capacity. and severely constrained and blended operations within the san francisco corridor and oppose unnecessary capitol costs. and the cal train and the high speed rail authority must embrace as a policy imperative to accommodate rider ship demand. planned station of the transbay transit center of san francisco, and to the san francisco airport station in mill brai, and the station in san jose will generate more than a third of the 110,000 passenger boardings, for 2040. and with 70 percent of planned bay area housing, and 30 percent of job growth expected to come from the cal train corridor and the area region depends on a high capacity, as sustainability. and compatibility is essential for the flexibility which will result in an over all service and more convenient schedules and easier transfers between the high speed rail and

and it is not restricted to holding of a ticket to get on that platform. and it is going to be in the architectal plumbing and we have enough elevators or escalators to serve efrp, it is how that you get out in an emergency and that we have accepted the emergency exit and you will use the escalator as well. and so that is not the problem, the problem is just perception of how you get on and off of a train. >> and ada and so if the worse case scenario if we are not able to get compatible platform, what would we do for ada cases? >> i think that we will get there, if we don't, we are really restricting how many trains who gets in, and that will still be negotiating because it is a blended system for the future. the real crunch is in 20 years time and there is also another restriction, which is not part of my job to sort out, but there are four tunnels to get in here, and we only have two tracks and we can deal with so many trains and you want four tracks when you get down to the bay shore and you can make them longer. but you can only get so many trains thro

heights, and we have one platform at the transbay transit center. there are two or three stations on the cal train system that will be greatly linked to the high speed rail and the majority of the stations, do not have any high speed rail stops and so we are going to talk about... (inaudible) and the new downtown transit center and i think that the best for all of us is to find a way to make it. and i think that with the change to a level boarding for cal train, at the other stations will greatly enhance our capacity but as he said, the choke point will become how many trains can you get in and out of the new downtown transit center, and how does that relate to what the platform height is, and it is being driven by several stations and it is not something that is a common issue to all stations we can go to the current 75 percent, six car lengths and in future, build, and it will give us a capacity increase and it is really do you go all the way into the transbay, how much is it fourth and king, and what is that service pattern, that is part of the d

with the platform, and conversely more sellers to come on the platform.ellers of different varieties. why not snapchat? was the valuation too high? they are going to look at lots of companies. will make the assessment with each company as to whether or not it is going to serve their needs, to build their marketplace. really interesting business. it has a lot going for it, and it is also a business that is focused on a specific set of users. alibaba has to look at that investment like any other. it has to determine if it will meet the needs of their marketplace. happensaid that will next year, talking about the paypal.f of ebay and type majorbaba is looking at a global stage. they are looking all around the world. the u.s. is looking at their business going forward. and certainly any transaction with a paypal or ebay is going to get their attention. >> why would they be interested in paypal? entionedjoe m is that he is interested in alipay, because there is a lot of growth there. joe and his management team are very focused on that. he is looking at paypal

so much comes from the iphone platform.oes it stay unique at a high margin or as prices collapse does apple have to respond to lower price points globally. i'm getting nervous. >> has it happened yet? >> but i got to be ahead of the curve here. i can't be selling my apple stock down 25%. so what do you think jon? >> i think apple is managing to stay out of the commoditized market. they are charging for for the 6 plus and they have apple pay in there. >> all right. if you are wrong in two quarters i'm killing you. >> he will to. >> let's get a check on the markets right now because the dow is just about 5 points away from session highs. about 15 from its all time interday high. right now up about 42 points largely on the back of upbeat sentiment on behalf of home builders. nasdaq 14 and a half year high and s&p is close to its interday high as well. shares of urban outfitters down big after quarterly profits missed estimates. the company saying urban brand was disappointing but others did post strong results. that stock down

we saw facebook want to prove themselves to be a platform. netflix want to be a platform. twitter.rying to raise at high valuations and trying it show that you're something bigger than what you are, you call yourself a platform and let other people integrate. >> yeah. i think that's true. the potential here is bigger for spotify because if you're an uber user you have your credit card in the system, you're not afraid to spend money through your mobile device. that's the kind of person that spotify needs. the competition with the headphones. if i'm by myself getting into uber and want to listen, i'm going to put on headphones not bother the driver. if it's a group of people on the weekend, taking my wife out for a nice -- >> which happens a lot. >> yeah, with kids, sure. maybe i want to put on romantic music or party music that kind of thing to set atmosphere that's the potential here for a group of people to feel like it's a cool experience with spotify. >> those poor drivers not getting to choose their play lists. >> sounds a little awkward. >> somebody said on twitter, thousands

no way i'm engaging. >> we are in a multi-platform world. i hear 360. multi-platform.egrated communications. for forester to isolate a platform and not look at other media or mobile habits is almost irresponsible from a marketing perspective because it works very well and the platforms with other platforms so the engagement comes not from the last click. you said click. that's almost like a 1997 model that we're now allowing to 2014. and mobile has come on the scene so fast. in the last couple of years. >> yeah. well, that's why there's so much growth. i talk to numerous marketing people at large corporations. they're all considering pulling back on social media spending. nothing is working. we say you have to be on social media. why? >> a majority of effort is on social. and mobile. right? and what happens is we have got 25% of people using mobile screens and only 11% of advertising being spent against it so rather than trying to focus on applying old models to new models, maybe we need forester and other companies like it focus on the gap. >> like mobile phoneless? >

not just this platform.he third thing is, behind us are a lot of developers know a lot of software ceos. they want to build on that platform and build their own companies. so we build a platform as well. by doing great, great, great democratization, great consumerization, and then a great platform, where delivering a new product. >> what is the salesforce strategy to get into china? >> they are a super important market. we work closely with customers there. we have to work very closely with the government. all of those things come together to create something in china. >> the nsa revelations, i wonder how much that impact your business, because you have sensitive data. will you have to have one in every important country? >> yes, but for another reason heard as the cloud is going mainstream, every president of every country want to have their own cloud. angela merkel wants the german cloud. francois hollande wants the french cloud. abe wants the japan cloud. >> they want a cloud maker. >> they should have on

we have everything that this platform is all about. it's about the person, it's about the future and technological exploraion. so when we talk about the curriculum, it's really less of a curriculum and more of an experience that's going to continue to be evolved and shaped by the interest of the user. so when a young person goes to this environment there's some things they can get involved with and learn something. once you go into that space and environment, you can be taken to a number of different spaces or a number of different tasks that you want to learn. let's say you want to learn to juggle. you could use this part of the platform to go to different spaces to learn how to juggle. or let's say you wanted to learn how to edit something in terms of video content. you could use this to take you to various opportunities to learn things. >> and there are various things. >> more than 40. one of the things that we believe is that the club experience has got to be about, number one, finding passion, number two, living life with purpose.

it is not a status platform. not a communication platform.umblr is something you pull up to enjoy in the same way you turn your tv on at the end of the day to chill out on your couch. and in that way, user end up spending a whole lot more time here. and it ends up being an incredible platform for creators to create content and tell stories that reach people when they are in that mode looking for something to enjoy, looking for something to surprise them. >> david, engagement clearly a hugely important area. facebook likes to brag about that too i know. but talk to me about investment. because facebook and some other companies have talked about how much money they want to spend in 2015 to grow. where do you need to spend to grow tumblr so it becomes competitive with so many of these other, you know, well financed platforms out there? >> i think it's on a lot of things you have already seen. it's continuing to work with brands and scaling up that effort. continuingwork media partners, something we've been doing more and more of this year. and i

alexander stevens was widely quoted as saying this platform, this democratic platform, was the first real ray of light he had seen since the war began. that's how hopeful he was. his calculation was that once the shooting stopped in some punitive negotiation or convention, no one would have the heart to start shooting again. as for the prospect of negotiation, what exactly did confederate copperheads think they might negotiate for at this stage? what might transpire if the states met in the convention to consider peace. such a convention, stevens reckoned, would be a way to bypass lincoln and jefferson davis, each of whom was a hardliner on the subject of peace, unwilling to negotiate. stevens hoped that perhaps a convention might turn back the clock, re-affirm state sovereignty, renounce coercion and perhaps even disavow emancipation as a war aim of the union. confederate copperheads, in other words, fantasized that such a convention might bring victory, either recognition of the confederacy which is their first choice, or as a fallback position reunion on the south's terms. now we'

the automakers share engines, and a platforms, chairman. they forfeit $2 million in greenhouse gas emission credits. the justice department and epa say hyundai and kia will also be required to spend $50 million to set up independent tests to certify future mileage claims. the investigation into why richard branson's experiment is based give -- spaceship crashed will take months. investigators say a lever was deployed early, and the spaceship disintegrated. earlier, an interview on "in the branson said the ntsb indicated it wasn't a problem with the plane's engines. ahead asold us to push fast as possible with the building of the next spaceship. and to get testing the new spaceship as quickly as possible. we are confident that there is no fundamental flaw. our team will be working 24 hours a day to get back on track. >> that's a look at the top stories we are following on this monday. republicans are poised to make gains in u.s. midterm elections tomorrow. but with several races still too close to call, it is anyone's guess as to whether the

a terrible platform for me. >> but that's the beauty of a platform. that's the power of a platform.apable as the person using it, and that's what we're building. the very, very high-end, sophisticated users will still be able to differentiate themselves. but everybody is going to have access to information, a higher level than they historically have. the base line is going to definitely rise very quickly. >> and what's the deal with the name, kensho. because, guy, when we were talking about kensho -- >> i was shocked they were able to write those great songs like ticktock and then do -- >> with a dollar sign instead of the "s". >> we're living in a uh in era, where you can build a very, very, very big software company with a zen buddhist name. it's a japanese term, so it translates very loosely. but it's the first moment of awareness that you have that there are recurring or repeating patterns in nature. you know sw, waves are not discreet, but they repeat. and we thought that was a beautiful metaphor for financial markets. when you're in the middle of it and see all the motion and

in april, 2010, when we first launched our advertising platform. we have been methodical and careful about the way we have grown the business and expanded it and we will continue to do that. i do not have any -- i do not feel any sense of needing to change the way we approach that. >> you just raised the debt offering. you said you wanted twitter to be opportunistic about how you use it. how much financial flexibility does twitter have to make a billion or a multibillion dollar acquisition? >> anthony has talked about the cash we have. the debt funding enables us to be very opportunistic about m&a. what we said when we raise the money that we did not have a specific opportunity we were thinking about when we raised the funding. it will allow us to be even more opportunistic and that is the way we think about it. >> could you make a billion-dollar deal if you wanted to? >> i do not want to speculate about the size of any deal we might pursue. it enables us to be opportunistic and to compete for deals we want to be involved in. >> you reorganized the

he is put on the platform committee. he puts a plank into the platform that calls the war a failure and demands an immediate cessation of hostilities. this is widely voted for. it has almost 100% support in the democratic convention that year. they love this idea. they think this idea is going to carry them to victory in november. they are really pretty sure they have got this thing sealed up. they also think it's not just this, but the fact that their candidate is this former general whose troops loved him. they don't realize that the troops don't love him anymore. they have sort of seen him now for what he is. who the troops love is lincoln. they have come to identify very, very strongly with lincoln. and they are writing these letters home saying if you don't vote for lincoln, i will disown you. i will never speak to you again and they mean it. if you vote for a democrat, i will come home and hang you from the nearest tree. i don't care that we have been friends since we were 5. i'm doing that. you need to honor my se

the republican platform, like cleveland's convention platform, called for a constitutional amendment abolishing slavery throughout the nation is best in american history, tilten said, we can pardon something to a second-rate candidate. while lincoln might not be an a idea standard bear per, it would be criminal to -- to divide it would be to give over the country to the copperheads and bring everlasting shame to us all. radical republican leaders added their voices to the swelling pro-lincoln chorus. charles sumner delivered speeches for lincoln throughout new england. benjamin f. butler, who was tau talked about as a radical to lincoln, said the playing duty of every loyal man was to support the election of lincoln. thaddeus stevens said that -- told voters that if they re-elected the -- that if they re-elected the calm statesman who now provideds over the nation, he would lead them to an honorable piece and liberty. fred lick douglas publicly endorsed lincoln in november when there was any shadow of a hope of more decided anti-slavery conviction and policy could be elected, he said

it's not just technology platforms.tioned soft card which is a consortium of telecom players, how about the financial institutions were you already do your banking today? all of those from my perspective are an opportunity to launch a digital wallet and they are actively engaged. >> let's talk about your business. incentive in gift cards from the landscape has gotten a lot more crowded these days. how are you maintaining a competitive advantage? >> what we have recently to honor for the last year since i saw you last, we have expanded into a couple mentoring adjacent market that is larger than the retail business. what we are known for his retail and gift cards and lots of high traffic locations. what we are now expanding into is the incentive market which uses prepaid products with employees, with consumers, and even channel sales teams to incentivize them and a rug them -- and reward them for their performance. that is in a billion-dollar market. on the back end, it's all the same business. it's processing the transac

they are earning commissions on our platform. our monetization rate is going up. >> you have been known as the chief dealmaker from the beginning going all the way back to softbank, lay out your strategy for us. what you are graffiti's, what kinds of geographies, what kinds of companies are important to you? >> we take a long-term strategic approach. when you report on us, a particular investment or acquisition may not make a lot of sense. when you look at it on a long-term basis, we have been able to take a disciplined approach and a very strategic approach to these types of deals area. there are several criteria that we use to make investments in acquisitions. we always want to add more users and more user engagement. any acquisition helps us create that, we are very interested. we acquired you uc web. this is been a tremendous addition to our business. the other criterion that we use is if it is something that improves the customer experience, we will do that. our partnership on the logistic fronts to cover the white goods are

no peace can be permanent without union mcclellan's position at odds with his party's platform. for hard liners in the confederacy, the meaning of this letter was clear. september 19th richmond dispatch editorial commenting on the letter asked rhetorically, shall we be slaves to the yankees? and answered, general mcclellan says we shall. mcclellan's stance, we will lose the election because it erased any meaningful difference between mcclellan and lincoln both were pro-war as the editorial continued. the mcclellan left the northern masses any ground for hope that his election would stop the effusion of their blood and money, he might have been elected. but given the choice between two war candidates, the people of the united states can have no reason to change their government. it is the old contest between the outs and the ins so laments this editorial. in short, the two confederate camps differed not only on the question of means but also ends. hard liners had little faith that a democratic president would do the south's bidding. instead they wished for lincoln's defeat becaus

this process engineer has been working on an oil platform in the north sea for more than 30 years.t's a grueling job, but extremely well-paid. she works a total of four months and year, leaving eight months of free time at full pay, plus a 50% premium. she works for two weeks on the platform, then has four weeks off for travel and her favorite activity -- sports. >> you have to have a taste for this rhythm and the resulting unusual lifestyle. but if you have a hobby or like to travel like i do, then it's perfect. >> tomorrow, she has to return to the platform. the ride out takes her past thousands of islands in the north sea. quite a ways out is the austerely beautiful island where fashion entrepreneur kate erickson lives, making waves with a new business idea. in her little workshop, she designs shoes and handbags made from fish skins. >> many companies use leather from pythons or crocodiles, animals that are endangered, but i use a norwegian waste product left over from the fish we all eat. i have elegant chic bags and shoes made. >> the 2015 collection has just been delivered. a

in all the share plans 90% have at least two operating platforms.r and father have an iphone and the son or dour have a different device. >> all the providers are in a war for customers and cutting prices and giving away models for free. are you seeing a any discernible patterns of a flight from customers from one provider to another. >> we haven't seen a huge amount of churn per se. but i do see the mobile operators this time around as it relates to the wireless technology are really putting their foot forward to protect that customer experience. and one of the product thas provide today is allowing you to have that information and if you are storing that information at that carrier, we find typically 25 to 35 lower basisis points churn rates. so in other words they are focused on churn and how you keep it down. you have to have competitive rates but if you can find ways to make that customer experience we have some providers that allow you to take that video of your son or daughter soccer game and it can show up on your set top box. >> one thing a

joining me now is the former head of platform at twitter. and from chicago, s&p's director andy loo, who co-authored the latest report. andy, why exactly are these unsolicited? >> twitter has a real-time social networking service at scale. great brand recognition, and good ebita margin. but the company is not turning positive in cash flow. it is relying on cash on its balance sheet to fund the operation. >> twitter shares dropped on the back end of this report. what is your reaction to the end of this report? >> if our to put myself on their position, this is not the important conversation, this is noise. i would want to continue to grow my audience. it is a dramatically monetized audience, and there are still a ton of opportunities there. >> this is just noise, andy, how do you respond to that? >> i guess i can't. the bottom line is, the way you should think about a credit rating is a reflection of the underlying business trend. twitter is doing the right thing. they are focusing on the business. if they have the metrics they want, if they

they also have great influence on how our platform evolves.are extending -- offering services so they can extend it as well. we work very closely together with our partners to make sure we develop software they can use themselves. >> we have entered a place with -- there are new types of services. >> because the breadth of services we have allow our developers to really focus on building new stuff instead of redoing all the other stuff. i.t. does not matter. we all have access to the same services. now, we all get to focus on building better products. >> i think about that with companies like google or netflix. they don't have to worry about that stuff because it's happening -- >> netflix runs 100% on aws. they don't want to worry about infrastructure. they want to build the best streaming service. they make use of our platform to reach a global audience. >> more on aws. the man responsible for glowing -- growing it into the huge business it is. also, we hear from malcolm gladwell on football, next. ♪ >> you are watching "bloomberg west." i'm

a number of people who were standing on the platform were injured, some of them seriously. this comes over a week after a similar attack killed a baby girl among the people standingen -- standing on a platform then. >> do we know where the driver was from? >> we know he comes from the refugee camp in east jerusalem. this is all coming after tensions in east jerusalem have been extremely high in recent days. we've seen almost daily clashes between palestinian protestors and israeli police in the old city of jerusalem around the compound t area the jews refer to as temple mount. >> talk us through what happened there. we have pictures of the temple mosque area. we saw some amateur video footage from that area today. >> reporter: that's right. this was from early this morning. israeli police have moved into the sight to clear in a sit-in by protestors. they heard jewish right wing activists were planning to visit the site and they were sitting there to protect the area as they saw it. as police tried to clear the area using stun grenades and other methods we're told, rocks wer

it is not between party and party or platform and platform. it is between courage and timidity. [applause] it is between those who have see what those who can be and those who want only to maintain the status quo. [applause] it is between those who welcome the future and those who turn away from its promise. [applause] this is the true cause of freedom. the man who is hungry. who cannot find work. or educate his children. who is bound by want. that man is not fully free. , from than 30 years social security to the war against poverty, we have diligently worked to enlarge the freedom of man. and as a result, americans tonight are freer to live as they want to live. to pursue their ambitions. to meet their desires. to raise their families. than at any time in all their glorious history. [applause] and every american knows in his heart that this is right. [applause] i am determined in all the time hat is mine to use all the talents that i have for bringing this great, lovable land, this great nation of ours together, together in greater unity. in pursuit of this common purpose. [ap

just how high up this platform is. 50 floors.ring you more information as we get it. hopefully everybody comes out of that safe. >>> new details from the ferguson grand jury investigation, coming to light just now. nbc learning that forensic scientists dr. michael bodden will be testifying before that jury tomorrow. he says he believes brown was shot six times and also said he saw no signs of struggle, big points of contention at this point. ron allen is following this. we really appreciate it. how does the fact that he's testifying fit into the bigger picture of evidence to this jury? >> reporter: we don't know what is in that big picture so rampant speculation of what this all might mean. it's opportunity for the prosecutor to say, look, we're leaving no stone unturned. we let the grand jury hear from the families, forensic expert. his interpretation of the evidence as we're trying to be fair and impartial, the prosecutor will probably argue when this is over, regardless of what the outcome of this is. so at this point, some of