shows a 21% drop in dui arrests after ridesharing services started. in san jose, dui arrests are down 20%. in san francisco, dui arrests have dropped 14%. people said that is good to hear, but even more drivers need to use ridesharing services and stating of getting behind the wheel while under the influence. >> if people are going to be smarter, it is the way to go. if the rate gets higher, that's better for everybody. >> i am hoping we will get there eventually, i don't want to be driving out there, people behind the wheel when they are drunk, who knows.>> reporter: the study was conducted by mall law group, and there has been several studies published, more and more people are using ridesharing services like uber and lyft, instead of driving drunk, in san francisco, mary lee. >>> tim cook, the designated >> at duke university's commencement ceremony in north carolina, but some say the graduates weren't the only ones getting message. take a listen. >> we reject the excuse that getting the most out of technology means trading away your right to priva

. >>> new at 11:00, was their rideshare targeted? friends returning home are confronted by a man with a gun demanding valuables and it is caught right there on a doorbell video camera. nbc bay area jean elle with more on why they believe it may be connected to their ride home, jean. >> reporter: jessica, the robbery victims say they got out of a rideshare vehicle on courtland and headed up a side street toward home, and tonight they say they believe the gunman zeroed in on them with the rideshare vehicle poured over. >> get against the well. >> reporter: a night celebrating saturday turns violent. >> definitely scary to see somebody pointing a gun at you. >> reporter: the man with his hands up agreed to speak with us as long as we don't identify him. he says he and his friends cooperated with the gunman, hoping he wouldn't shoot. >> sort of nervous and that made it even more frightening because he literally seemed like he had a great idea of what he wanted out of us. >> reporter: they handed over a purse, a wallet and this wedding ri

the third piece is the ridesharing business model.here is a showed that is popular called "popular mechanics" covers from years ago showing people taking off in their front yard. the original model will not work for this. i gave a talk yesterday about this -- at least when cars were invented, there were already roads. imagine if when the car came along, all there was were trees? eric: there is a lot to make happen at once. jeff: yeah. we have to build the sky ports. to fill the sky ports, there has to be enough people flying these things. ridesharing brings that because it is already a scale model, and we can incorporate it into the apps overnight. eric: what government has to get the ok for this to happen? jeff: between the faa and the european equivalent, they control 80% of the world's airspace, so it is important to have those two on board. eric: that's great. thank you very much. jeff: of course. caroline: that was eric newcomer in los angeles with uber's jeff holden. coming up, facebook announces a major management shakeup, the

for example, we have ridesharing in the district. we have food delivery services. the so long ago, there was a report that certain ridesharing services and food services were not traveling to certain parts of the district of columbia. that rubbed to residents of wrong way. we reach out to the companies, wrote a stern letter, and within a matter of days, they make clear they would provide their services throughout the district of columbia, without regard to the class are ethnic and race dynamics. it's important for new companies the matter how innovative they are to understand the basics of business. requires companies to deliver their goods and services to every resident. >> so without mentioning names is clear were talking about big international companies who do care what the attorney general's think. i think modern watershed moments for attorneys general 1998 the master settlement agreement. twenty years ago, u.s. versus microsoft in the states were key players in that. the mortgage fraud debacle led by ag's and the federal government we had federal partners, de

now they cover ridesharing, --gistics, food, and in tech == fintech. still in his 30's, it has been quite a ride. from a ridesharing app it controls 95% of the online food delivery market. it is worth 300,000, dominating the same market and indonesia's largest digital wallet, all achieved in two short years. welcome to high flyers. on the indonesian rider.r bike and guest: when i was in business school, we had an independent study project that i had this idea i always wanted to do and -- is a it first as ago school project and i decided, call just try building a center. we did not have money to build an app. we set up a few phones and started recruiting a few drivers and that is how it all began. i recruited the first 20 drivers and those 20 recruited the next 100, 200 and so on. has linda it was slow going initially. it took 30 minutes to get it. we had to call the -- to order and call the driver to find an airstrike her. it was a slow growth rate. it survived for three years without any funding. haslinda: is it true that you started with six phones a

. >>> and the ceo of uber tells cnbc the ridesharing giant will ipo next year and also says he would welcome any investment from billionaire warren buffett. >> i'm like a warren buffett fan boy for many, many years one of my business goals in life has been to get warren buffett to invest in something that i'm involved in. so far i failed. >>> we have some numbers out of italy, the jobless rate is 11.2%, higher than the forecast of 10.9. let's look at the reaction across europe to what is going on in italy. the heat map shows more green on the board. the euro/dollar up, slightly good news prompting that move higher against the u.s. dollar in terms of stocks, it's a positive start to the morning. so far the stoxx 600 is up 0.1%. and if you look across the individual indices driving those numbers, you can see that it's been well reflected here in london, in paris and in italy where the ftse mib is up 0.4 the xetra dax in germany is the laggard in terms of sectors behind some of those numbers, you can see construction bouncing back up energy is up a half percent, but utilities and autos,

now go-jek's business covers ridesharing, logistics, food, and fintech.o-jek's ceo and founder nadiem makarim is today's highflyer. ♪ haslinda: still in his early 30's and at the control of a billion dollar business, it has been quite the ride for nadiem makarim. go-jek has grown to become indonesia's leading mobile on-demand platform. from a ridesharing app, it now controls 95% of the online food delivery market. go-jek employs 300,000 riders, dominates the same-day logistics market, and it's indonesia's largest digital wallet, all achieved in just two short years. ♪ haslinda: nadiem makarim, welcome to "high flyers." good to have you with us today. nadiem: thank you for having me. haslinda: now, go-jek is a play on an indonesian word, ojek, which is a motorbike rider. how did that come about? it has to do with harvard? nadiem: yes, so i think when i was in business school, we had an independent study project. i had this idea that i always wanted to do, and so i did it first as a school project. and then in between the summers, i decided whatever, let's

studies by uc davis looked at dui arrests in the two years before the rideshare services began. they compared that to the two years after. and san jose arrest declined 28%. in the san francisco and oakland areas they were down 14% but the group of mothers against drunk driving says this particular report is misleading. >> drunk driving deaths actually have gone up nationwide for the last two years. it is still a problem and it will always be a problem when people think they are better than what they are. and that is what alcohol does. >> according to the report avoiding drinking and driving is the second-leading reason people use rideshare services, the top reason avoiding the hassles of parking. of all the cities studied the ones with the biggest drop is las vegas at almost 40%. >>> the time is 6:25 am, elon musk is firing back after the media attention on the crash in utah involving a model as. the driver in that crash admitted she was looking at her phone and the car was on autopilot when she hit a fire truck at an intersection. one analyst we talked to says drivers are misus

emily: we talk about how we may likely see regional monopolies in ridesharing as opposed to a globalonopoly. does taxify have ambitions to expand e.on europe, to the u.s., for example? reporter: i don't think so. when i spoke to mark's last -- , they want to be dominant in europe and africa. that's why dd became a supporter and investor. they want to bet on local champions. taxify, which was born in estonia, a thriving area of technology, very good talent, they birthed a lot of strong companies, we therefore see this is an area that wants to focus on europe, on africa, and i think africa could be a real area of strength. they are number one in a number of markets of their -- there. they really need mobilization and transport easing solutions. emily: caroline hyde in london. thank you for that update. coming up, one hedge fund manager has a novel way to turn a profit from investing in tencent, whether shares go up or down. and "bloomberg technology" is live streaming on twitter. follow our global news network on tictoc at twitter. this is bloomberg. ♪ emily: consumer rights groups in

but now nasa will help the ridesharing company create standards and regulations for the industry.the futuristic cars will move autonomously -- which raises concerns after an uber suv in auto mode struck and killed a pedestrian in arizona in march. uber and nasa hope to offer flying rides to the public by 20-23. (vicki) uber is teaming up with nasa to make flying cars a reality. today the companies announced their plan to reduce traffic congestion safely and affordably. uber's flying model has been in the works for a couple years. but now nasa will help the ridesharing company create standards and regulations for the industry. the futuristic cars will move autonomously -- which raises concerns after an uber suv in auto mode struck and killed a pedestrian in arizona in march. uber and nasa hope to offer flying rides to the public by 20-23. (grant) eruptions from the kilauea volcano have now destroyed 26 homes... and authorities are urging people to stay away from leilani estates on hawaii's big island... molten lava has settled down today...but experts predict it will re- intensify.

an east bay rideshare driver accused of sexual assault against a passenger...ow police fear there could be more victims. ((lawrence tease))i'm kron 4 chief meteorologist lawrence karnow.coming up, i will take a look at your 7 day forecast. details are right after the break. i'm dianne feinstein and i approve this message. i thought after sandy hook, where 20 six and seven year olds were slain, this would never happen again. it has happened more than 200 times in 5 years. dianne feinstein and a new generation are leading the fight to pass a new assault weapons ban. say no to the nra and yes to common-sense gun laws. california values senator dianne feinstein (pam) a 24 year old lyft driver being held in jail without bail tonight... after allegedly raping a female passenger.(ken) kron4's maureen kelly spoke to fremont police who say they are going public with this case because they are concerned there could be other victims out there. according to police this all started in oakland in the early morning hours of april 8th when the female victim ordered a lyft tryi

the decision by the california supreme court could lead to a base rage -- base wage for ridesharing drivers. >>> taking a look at tonight primetime lineup, at 8:00 it is lethal weapon followed by elie to vegas at 9 pm. at 9:30 pm you can catch the final season of new girl. after that we had the 10:00 and 11:00 news here on ktvu. >>> welcome back to "mornings on 2". >>> the commercial salmon fishing season starts today but some worry that lingering effects on the drought could hurt this year's catch. because of those concerns, this year's season is limited to one week this month, two weeks in june. some areas will get another chance to fish from the end of july to september. because of those limiting chances to catch salmon, experts predict lower supply and higher prices. >>> a new ruling by the california supreme court could help thousands of drivers working for ridesharing companies like uber and [ laughter ]. companies that want to classify their workers as contractors and avoid paying them wages and benefits that the state law requires. now they have to prove the workers are running thei

the study finds that ridesharing has given passengers another option rather than getting behind the wheel>> we will get there eventually. and i'm hoping. i don't want to be driving out there and people driving behind the wheel when they are drunk. who knows? >> many others say they also opt for the ridesharing option because prices are reasonable. >>> new details in the latest crash involving a tesla. utah investigators say the car was indeed on autopilot. it happened last week when a tesla model s rear-ended a fire truck in utah. the tesla was going 60 miles per hour when it slammed into the back of a fire department too. the only injury was to the driver of the tesla who suffered a broken ankle. meantime, elon musk says tesla will restructure and flatness management. musk says he's going for a quote, more thorough reorganization of tesla. this comes on the heels of a recent earnings conference call in which he refused to take questions from analysts. >>> new cracks opening and lava bombs flying. hawaii's volcano putting on a spectacular and dangerous show. >>> interesting show in the sk

i think we like having ridesharing services but the people that are doing it a lot of them aren't making a living because we haven't -- we didn't get in front of it to say, how do we do it in a way that's safe? how do we do it that is renew mexico are a tiff to the working people. host: what should we have done to uber? guest: background checks to people driving so we don't have problem with sexual assault, would have been a great place to start, and what they're considering, some type of minimum wage based on, if someone is going to do this for an hour and have certain expenses for their car, let's make sure they are getting a decent wage from it. host: the report is mounting response to technological unemployment. andrew stettner with the century foundation, about 10 more minutes. give us a call on regional phone lines. san clemente, california, is next. ron, good morning. caller: hey, good morning, john. thanks a lot for taking the phone call. andrew, let me preface a couple of things here. hope you're reading ray kurswell's article about technology weekly. we don't have any informati

we like having ridesharing services. but a lot of people are not making a living because we didn't get in front of it to say how are we going to do this and be safe. >> host: what should we have done with uber? >> guest: a basic regulation like background checks so we don't have problems with sexual assault. what about minimum wage. if somebody's going to do this for an hour and have certain expenses for their car, let's make sure they're getting a decent wage. >> host: technical logical unemployment, your with us for about ten more minutes. you can give us a call. >> caller: good morning. thank you for taking the phone call. let me preface a few things. one, hope you're reading the newsletter every week about the latest technology. secondly, we don't have information about nanotechnology. we have no information about stem cell research. it's like a news blackout on high tech information were supposed to get. we have good information about artificial intelligence because of the automobile industry and their autonomous pr

. >>> the ridesharing company uber is launching a new safety campaign to remind them to buckle up. harrington shows us the safety alert you can expect to see when you order a uber. >> reporter: starting today, they are reaching out to riders and drivers directly through the rideshare app. if you use the app today, you might see a message like this. it urges writers to always wear a seatbelt, no matter where you are sitting or how short the ride. also encourages drivers to wait until all passages are buckled up before starting a trip. they're taking action because study show that passengers are less likely to buckle up and sitting in the backseat. some writers admit there is a false sense of security and they tell me that safety campaign is a good idea. >> i always buckle up, but i feel like there's something wrong if i'm not. if i don't have my seatbelt on, so first thing i do is put my seatbelt on. that's not always the case with a lot of people, i think. i think some people need to be reminded. >> i think it's more of a reminder. i mean, if i am a driver, you are putting me at ri

according to the report, avoiding drinking and driving is the second-leading reason people use ridesharing services. the top reason is avoiding parking hassles. of all the studies, the one was the biggest in las vegas. >>> caltrans is working on building an under crossing for animals so they can go from one of highway 17 to the other. >> the project has a $12 million price tag but a lot of people think it is worth it. >> reporter: on highway 17, in addition to speeding curves, there is a new culprit causing catastrophes, collisions with animals. in santa cruz county, more than 60 animals have been hit in the past 15 years. >> over 50% of the wildlife that are hit on 17 or hit in this curve. it is very dangerous while wildlife are trying to cross the area. >> reporter: it is a serpentine section of roadway as you head north toward san jose. mountain lions, dears, foxes and raccoons are usually too slow to beat oncoming traffic and are hit and killed. >> it is an area where there are a lot of -- not a lot of people around. they like to go where there are no people. they are following the wat

. >>> an east bay rideshare driver is accused of sexual assault. the lyft driver picked up an oakland passenger last april. he drove her to an address in berkley but no one was home. he offered to drive her to her own home. instead i took h instead he took her to his home, offered her marijuana. >>> a big mess in an mcdonald's parking lot. aive drooer started ramming his car into other cars in that parking lot. you can see some of the damage on el camino rial. the man then drove into the parking lot of the high school and hit a cement pillar. he then got out and climbed a power pole. sfpd and south san francisco police showed up and arrested him. >>> it hasn't rained in a while. so why was part of san jose's 280 freeway flooded? a pump stopped working. groundwater is always seeping up in this area. and there's a pump that runs continuously to keep the highway from flooding. it didn't work this time, causing major traffic problems. all lanes did reopen around noon. this is video from one of our nbc b nbc bay area employees that was shot a couple day

prices affect home sales and and the impact is likely shrinking giving thear popy of hybrid cars and rideshares, but there's mo question that higher prices for anything take a toll on consumer confidence, and buying a home the biggest investment that most w peopll ever make, is all about confidence. fort, "nightly business rep i'm diana olick in gtwash. >>> the etf made up of major home building companies is down more than 12% year to date while the s&p 500 has risen 2%. at's weighing on the sector? joining us is wl randell. thanks for jning us tonight. >> thanks for having me. >>> home billeders have also been facing inflation in terms of labor costs andmaterial, right? >> most are experiencing about a 5% incree in input cost. thankfully so far they've been able to average that pricing power much the ultimate question is going to be, you have a tight lake labor market, rising commodities, particularly lumber prices. however does thatricing power stay in place? and do we start seeing a shift in mixo lower sd homes, which is already occurring, in order to help offset the speed bumps. >> i know i

but now nasa will help the ridesharing company create standards and regulations for the industry. raising concerns after an uber s-u-v in auto mode hit and killed a pedestrian in arizona in march. uber and nasa hope to offer flying rides to the public by 20-23. ( james ) coming up in the next hour... we're following breaking news from overnight in the east bay.... a shooting near the caldecott tunnel.lydia pantazas is live with the latest. ( james ) plus... high school students in the east bay are mourning the loss of a classmate. we're live on campus. (darya) good morning i'm darya folsom..(james) and i'm james fletcher. lets start the morning with a check of weather and traffic... (dave)seasonably cool conditions will persist into wednesday and thursday with overnight/morning low clouds and patchy fog. warmer conditions return friday and saturday, especially inland, along with breezy offshore winds. aside from the potential coastal drizzle the next few mornings, dry weather conditions will prevail through the forecast period. no major hot spots. new accident wb 580 near midspan.

rideshare giant uber is teaming with nasa to simulate flying taxis in urban areas. flying cars to help cut down on road congestion. the space agency is going to conduct simulations to create industry standards and regulations for such vehicles. uber is hoping commercial trips on flying taxis will become available by 20-23. riders will book through the app - just like millions do now every day. lawrence karnow: there were a few more clouds moving across our skies today. low clouds and fog were very stubborn at the coast and kept temperatures much cooler there. it was still sunny elsewhere but the temperatures cooled a little compared to yesterdays highs. you can see some showers moving into northern california today while we see more clouds in the bay area. you can see the storm on the satellite image. it's falling apart as it approaches the coast. it will likely help deepen the marine layer which means more low clouds and fog and coastal drizzle. wednesday will begin mostly cloudy before seeing partial clearing in the afternoon. temperatures will also be cooler too

the rideshare company unveiled plans for private purchase program. tim describe uber plans for us. >> reporter: they will be working with airplane manufacturer to come up with this airplane mixed with the car in helicopter. it will be able to travel around town with an electric battery. they want to bring it to cities such as dallas and la by 2023.>> they look like drones, will they be automatic or would there be pilots? >> reporter: the idea is that there will be humans but they do look like drones. the reason it looks like the drone is that they it like the idea of four smaller propellers to cut down on the sound. imagine having a helicopter flying over your house and the loud noise. when it is smaller it will make less noise. also you can see advanced technology in the battery industry. >> we are looking at people walking in what appears to be a miniature version of the airport. so they will be coming to your house?>> reporter: it sounds pretty crazy the idea flying cars. you have experts and people who are developing this, they say self flying ai

others are lining up as well, a ridesharing company and financials of alibaba looking to go public this hong kong. emily: big questions looming, whether these companies can carriers to sell phones in the united states. not only to challenge companies like apple and samsung globally, but in this market. stephen: that will be tough. phones in the united states. not only to challenge companies we have been reading stories on blocking of other equipment network makers. xiaomi is going to use the proceeds of this ipo to look at international expansion. they have gone successfully into india as the number two vendor. the united states would be a stated goal, but it would be a tough nut to crack obviously. emily: stephen engle, thanks so much for joining us. that does it for this edition of "bloomberg technology." friday we will be covering earnings from another chinese text giant, that would be alibaba. we are livestreaming on twitter. in news out 5:00 p.m. york, 2:00 p.m. in san francisco. that is all for now. this is bloomberg. ♪ an afternoon rally sputters for a second day. >> the white ho

the blogger known as "the rideshare guy".... harry campbell.....ft drivers are classified as 'independent contractors'... if that changes -- what would that mean for the ride-share industry.. (pam) we reached out to uber and lyft about the ruling today... uber had no comment - we have not yet heard back from lyft. (pam) another round of winter weather is hitting part of the sierra. snow and ice falling overnight in nevada county.... causing some traffic problems, as interstate -80 was shut down for a couple of hours due to slick road conditions. chief meteorologist lawrence karnow joins us now with the four zone forecast. lawrence karnow: there was more sunshine around the bay area today as high pressure moved a little closer. it was an active day in southern calfornia with shower and thunderstorms. you can see the storms continuinig to rotate into southern california on doppler radar. it is breezy again outside if you're going out. some patchy fog is likely near the coast while most of the inland valleys stay clear. you can see high pressure slowl

emily: all of these trends combined, along with the rise of ridesharing, how will this impact consumersrs be buying as a result? salim: we are looking at a shift, essentially. when the detroit companies that were selling hardware to come -- were selling hardware to customers, now they are looking at mobility. should it be leasing them to a private citizen, or is it in the form of uber and lyft. now the companies are hedging their bets. gm taking large equity stakes in lyft, and other initiatives like jerry it -- chariot at ford. you have seen a setbacks that uber and it tesla faced with their hardware technology not being up to par. incumbentsfrom the in the market, they are taking a cautious approach. for the short to medium term, it is very much the paradigm of passenger cars sold to private consumers. what is changing, we think, is the electrification part. emily: ok, thank you so much for that report. in paris,, station -- changing the game for tech across the country. what you need to know about france's startup scene, next. this is bloomberg. ♪ a story we are watching, netflix has

california supreme court ruling will send shockwaves to the state economy affecting the rights of ridesharing drivers. and truck drivers. we talked to him via skype. >> it is a great decision for me . this will also make us eligible for things like worker's comp., disability, and -- >> reporter: this could reclassify workers from contractor to employees with all of the benefits that employees get an contractors do not. >> many businesses, particularly high tech companies rely heavily on independent contractors and those independent contractors are exploited by the businesses. this ruling helps give new protections to those workers. >> reporter: under the ruling only workers like plumbers, who control their own hours, would be considered contractors. for uber and lift back -- it could lead to protections and benefits they have never had.>> employers can hire independent contractors and pay them less than the minimum wage and oftentimes they do. that is the reason that employers will miss classify workers as independent contractors. under this decision, it will be harder for them to do that. >>

the san francisco ridesharing company said they will now allow complex to go to court rather than forceion. uber currently has a clause in the user agreement and employment contract that requires a person to waive their constitutional right to go to court. uber also says they will no longer force victims to sign nondisclosure agreements preventing them from talking about their experience. >> it is definitely a resource, but there needs to be regulation and some kind of accountability when things go wrong. >> uber is working to revamp their image in the wake of scandals over the past year. >>> the san francisco mta is moving forward the plan to become one of the most environmentally conscience transit facilities in the country. the system currently uses electric buses that run with the help of overhead wires throughout the city. >> the bus will run entirely off of the battery and there will not be any emissions whatsoever. >> they also use electric trolleys and has the largest emission low trolley fleet in the country. >>> lava is spewing from the cracks on the island of hawaii. >> what

and taking the scenic route and innovation, the fact that innovation in apps and ridesharing, apartmentharing, that has taken up capital that might be used to make better batteries so my cell phone isn't running down as much as it is at the moment. i have given the book the example of the 20 years it took to get from the patent of photocopying that chester carlson filed in 1938 to the xerox 914 which is what clayton christensen, market creating innovation, not just process innovation. something that makes an existing thing work with fewer costs but also something that created thousands of jobs and led to the establishment of the xerox palo alto research laboratory park which developed an interface that steve jobs used to develop the map. 20 years ago, were a really discouraging time. if you had a public corporation today that was accountable to shareholders that was privately held, if you went through something like that there would be a rebellion. certainly analysts would not like it because to develop a working photocopier, at times the machine would burst into flames if there were to

necessity both lost their licenses but they joined a new rideshare program. have a terrible passenger rating. i love the shrieking. some advisers have hidden and layered fees. fisher investments never does. and while some advisers are happy to earn commissions from you whether you do well or not, fisher investments fees are structured so we do better when you do better. maybe that's why most of our clients come from other money managers. fisher investments. clearly better money management. jardiance is the only type 2 diabetes pill proven to both significantly reduce the chance of dying from a cardiovascular event in adults who have type 2 diabetes and heart disease... ...and lower your a1c. wow. jardiance can cause serious side effects including dehydration. this may cause you to feel dizzy, faint, or lightheaded, or weak upon standing. ketoacidosis is a serious side effect that may be fatal. symptoms include nausea, vomiting, stomach pain, tiredness, and trouble breathing. stop taking jardiance and call your doctor right away if you have symptoms of ketoaci

they operate ridesharing scooters, who delivery and digital wallet services in indonesia.ntly raised $1.5 million from investors. they plan to operate in vietnam, thailand, singapore, and that philippines in the coming months. coming up, what was the role out for the sweeping new regulation mike for one of the most big companies in the world? that is next. later we will discuss amazon's explanation for an echo speeder recording and sending eight-conversation to a contact and if this come -- of this problem goes bad amazon. this is bloomberg. ♪ ♪ emily: this is "bloomberg technology." new general data protection regulations are now in effect. companies are subject to the most far-reaching data privacy laws aimed at keeping people from losing control of their personal information. facebook and google have been hit with $9 million worth of losses, arguing they are not complying. my next guest has been on the front line of implementing the rules. she joins us in london, as well as caroline hyde. first of all, the suits filed by austrian privacy activists saying what google and

necessity both lost their licenses but they joined a new rideshare program.senger rating. i love the it's easy to think that all money managers are pretty much the same. but while some push high commission investment products, fisher investments avoids them. some advisers have hidden and layered fees. fisher investments never does. and while some advisers are happy to earn commissions from you whether you do well or not, fisher investments fees are structured so we do better when you do better. maybe that's why most of our clients come from other money managers. fisher investments. clearly better money management. ♪ most people come to la with big dreams. ♪ we came with big appetites. with expedia, you could book a flight, hotel, car, and activity all in one place. ♪ this is a jungle gym... and a baseball diamond... ...a mythical castle ...and a grand banquet hall. this is not just a yard. it's where memories are made. the john deere x350 select series with the exclusive one-touch mulchcontrol system. nothing runs like a deere™ save $300 on the x350 select se

the rideshare company will allow passengers and drivers to file accusations of rape, sexual assault or harassment in the courts as a pours -- opposed to enter victims into arbitration. they are scrapping a policy for settlements be kept confidential meaning victims cannot go public. customers, especially women, welcome these changes. >> it is definitely a resource and there needs to be regulations and accountability. >> reporter: uber's new ceo took over just eight months ago and he is working hard to change the culture of the company. together we can make meaningful progress towards ending sexual violence. our commitment to you is that when we say we stand for safety, we mean it. this policy shift is an attempt to lower back customers many of whom have switched to competitors such as lyft. >> when i found out they were being discriminatory towards women, i was over it. luckily we can live in an economy where we can put our dollars were our beliefs are. i switch to lyft. >> i think some of their but generally what we are looking at is a relatively toxic culture that should not have bee

.>> reporter: they complain that rideshare drivers and other motorists violate the bike lane and double park and it causes the cyclists to veer into traffic. event organizers are calling on city officials to put in barriers. >> my wife bikes to work every day she is pregnant right now and she bikes to work. i do not want her hit by a car. >> i get extremely frustrated and angry. there is no point in calling police because i don't feel like they hear me or they do not care. >> reporter: a spokesman said that it is a top pretty. and the officers take action when they see bike lane violations. they are working on the reengineering of the safety. people should call 311 to report vehicles blocking the bike lanes.>>> said he up for thursday, the week is flying by, the weather will do what it did today tomorrow. we will see low clouds in the morning. they will burn off quick. afternoon highs will be in the 60s to 70s. the showers we saw 24 hours ago left the area. we saw a few lightning strikes south of deer valley. this is the story. today, and tomorrow, this onshore wind, it is a deeper mari

a study by uc davis and a research firm looked at arrests in the two years before the rideshare services began. they began that -- they compare that to two years after. in the sentences go and oakland areas -- in the san francisco and oakland areas they were down. the group, mothers against drunk drivers says this is misleading because truck driving deaths have gone up.>>> inside the tunnel on a deck of the bay bridge, pieces of the 82-year-old bridge are falling down onto cars.>> we are looking at the safety of the people that travel across the bridge. >>reporter: a saturday afternoon.>> i was startled. >>reporter: on the bay bridge. police sergeant dean marcy and his wife were heading home when they saw an object dropping from the ceiling. inside the tunnel he says a brick sized piece of concrete came crashing down.>> i grabbed my shirt, put it up over my head to make sure i was not going to get shards of glass in my eyes. >>reporter: he pulled over his truck at a nearby bridge office. he says a worker told him he was the fourth person in recent months to report the same thing happenin

curveare we in the longer of this adoption of evav as well as ridesharing? how soon will this come?: i tell you, it is a very early days still. we're at the beginning of what we see as a long-term very fundamental transformation. we do believe this technology will change the world and a significant way. obvious a, we are talking about first appointment in 2019. that will be the very beginning of what will be a very big rollout of this technology overtime. emily: gm president dan ammon on bloomberg television. coming up, has walmart gained the upper hand in the competition to dominate the global e-commerce market? discuss, . bloomberg technology is livestreaming on twitter. you can check us out and follow our global breaking news network on tic toc on twitter. this is bloomberg. ♪ tter. this is bloomberg. ♪ ♪ emily: this is "bloomberg technology." i'm emily chang. this week, amazon and walmart holding their annual shareholders meeting. this is competition between the two competition -- moneys heat up. walmart has been making aggressive moves to catch up to amazon. most recently with

opportunity to come here and maintain control of the company and others are lining up as well , the ridesharingoking to possibly go ipo in hong kong. -- can thishis cut company convince carriers to sell their phones in the united states? what is the read on that? be a toughgoing to one as well because of course we have been reading all of the stories about the blocking of other network equipment makers in the united states. themi is going to use proceeds of this ipo to look at international expansion. they have gone successfully into india as the number two vendor there. the u.s. would be a stated goal but it will be a tough nut to crack, obviously. emily: that was bloomberg stephen engle from hong kong. last year, alibaba's chairman promised that his chinese e-commerce giant would create one million u.s. jobs. we spoke to alibaba's vice chair to find out what a trade war would do to that pledge from the milken institute -- milken global conference institute. tit-for-tat trade tactics will cause a retaliation. china, they have ariffs ont soybeans which will hurt american farmers. we arein a con

what a massive valuation $62 billion for a ridesharing application. >> we have a lot of car news >> applend volkswagen are teaming up and hitting the road. the tech giant reportedly will outfits for a fleet of volkswagen passenger fans with its self-driving technology. the vehicles will be used to shuttle apple employees between offices. the deal with volkswagen comes after on again/off again talks with bmw and mercedes-benz. >>> here's some other individual stocks to watch. deutsche bank, the german lender is slashing thousands of jobs as it revamps its investment bank and tries to limit costs deutsche bank will cut its headcount from 97,000 people to well below 90,000 people the most will cost the company nearly a billion dollars this year in charges. their annual general meeting is today. >>> shares of samsonite slumped to a nine-month low on a report by a short seller. blue orca capital says the luggagemaker used questionable accounting to inflate profit margins. the report calls samsonite a mid level brand masquerading as a premium luxury player. samsonite has not responded to those

taxis and ridesharing services can pick up and drop off passengers at the welcome center only. ( james) the dublin waterslide where a young boy was injured is set to re-open. the wave will open tomorrow. last year... a 10 year-old boy was thrown from from the 48-foot emerald plunge just hours after its grand opening. he suffered cuts after sliding on the concrete. the slide was closed during the investigation into what happened. ( james ) and a warning for people who are heading to monterey county for the holiday weekend. health officials are warning visitors about dangerous levels of bacteria found in the water at lover's point beach in pacific grove. doctors say the higher levels of bacteria can cause an increased risk of illness. montery county officials are telling people not to go into the water. but all other surrounding beaches are open without restriction. ( darya ) we are also tracking your holiday weekend forecast.( james ) mabrissa rodriguez is here with a look at what you can expect this weekend. mabrissa. tracking hit/miss on/off showers today in the bay area. rain totals

the car also had a lyft ridesharing sticker on the front and back windows. ( james ) milpitas policerrested a suspect wanted in connection to a stabbing at a seven-11. it happened last friday on west calaveras boulevard near south abel street. police say noland terlep attacked an employee. the employee was treated for non-life threatening injuries. terlep was arrested without incident. he was booked into santa clara county jail where he faces attempted murder charges. ( darya ) voters will decide whether to recall judge aaron persky on tuesday. this all started with a high profile sexual assault case. judge persky insists he was judge persky insis he was only following the law when he sentenced former stanford athlete brock turner.. who was convicted of sexually assaulting an unconsious woman... to 6 months in jail. now persky has a message for voters. <"...when you step into a courtroom yo will expect and demand a judge who will follow the rule of law and not public opinion...."">( darya ) recall supporters blasted persky's attorney for telling vogue magazine that turner's victim wa

ridesharing applications have a stronger presence than ever and greatly reduced the demand for lots being solely used for parking. a few years ago i began searching for a new way we could adapt to this change to better serve the community. after talking with our neighbors local businesses and non-profits a vision started to take route. we began in a cohesive family friendly environment. we envision the community space that would allow for a niek businesses and non-profits to have a platform in a popular area. in late 2016 we decided to implement a test pilot featuring 11 filipino food truck. it was a resounding success receiving praise and appreciation and not one single complaint. the empty parking lot hosted a one of a kind corridor that quickly became part of the fabric. with great consideration evan approached me with a concept how the food in this space could benefit working class entrepreneurs could get their foot in the door. the support was so strong the san francisco planning department and office of economic and workforce development encouraged to file for an authorization from

has been calling on state lawmakers to turn over the reins to cities when it comes to regulating ridesharehe has also been pushing for the city to tax them to mitigate their contributions to traffic and roadway wear and tear. the state public utilities commission is taking a final vote on this driverless cars program that would allow passengers coming up on may 31st. live in san francisco, anne makevoc, kpix 5. >>> a man is dead after he reportedly slipped and fell during a steep hike in yosemite national park. park officials say a thunderstorm developed while a man was hiking with a partner on half dome monday. this is file video of the trail. the man apparently lost his grip on the cables in the rain and slipped. rangers recovered his body at around 1 p.m. yesterday. the park says this is the first fatal fall on the half dome cables since 2010. >>> it appears that the situation in hawaii is growing more dangerous! there have been two new eruptions at the summit and now a potential crisis. kpix 5's jackie ward has the latest. >> reporter: it is so intense right now that they have to have