san francisco and krista canellakis, chief innovation officer, city and county of san francisco. public comment is welcome. break, the council will take a 15 minute break. item 8, information item. san francisco tech council strategic planning discussion. employment of people with disabilities and older adults. the san francisco tech council will brief the council on their strategic planning process related to the intersection of technology and the employment of people with disabilities and older adults. the presenters will ask for feedback from the council and any members of the public who would like to comment on their experiences with employment. presentation by susan poor, consultant, san francisco tech council. public comment is welcome. item 9. public comment. items not on today's agenda, but within the jurisdiction of the mdc. each speaker is limited to three minutes. please approach the microphone for give your comment card to the mod staff. item 10. information item, correspondence. item 11. discussion item. council member comments and announcements. item 12, adjournment. >> co-chair blacksten: very good, thank you for reading the agenda. let us move forward to item number 3 on the agenda

consultant with the san francisco tech council. lcome to the mayor's disability council. >> thank you. >> so thank you for the invitation to be here today. i do represent the san francisco tech council. i'm here today with my colleague andrew broderick, who is also a consultant to the tech council. we're very excited to share with you information and plans we have for looking at the intersection between technology and employment for older adults and adults with disabilities. so i'd like to walk you through some of our process. before i do that, let me give you background about the tech council so you have framework for thinking about this. the tech council was started in 2015 and its mission, it's hosted by the community living campaign in san francisco. but it's a multi-stakeholder initiative to advance digital conclusion for adults with disabilities and older adults in the city. the vision of the tech council is that those who live here have access to the digital tools they need because we know how critical they are to all of our

. >>> one ballot measure has some san francisco tech titans trading jabs on twitter. the issue at stake is how to fix the city's homeless problem. kpix5's andrea nakano breaks down proposition c. >> reporter: this would be the largest tax increase in san francisco history and it would force the biggest companies to pay up. both sides agree let's fix this homeless problem. the issue is whether or not more money is the solution. a crowd of roughly a couple hundred people gathered for a yes on c rally in the heart of chinatown. the guest of honor, salesforce ceo marc benioff. >> let's give item for our hero marc benioff. >> reporter: benioff is one of the lead backers of proposition c pouring in $2 million to support the measure. >> we know we have to get these people off our streets. current funding is not enough. we can do more. >> reporter: it would tax corporations with a revenue of more than $50 million a 1/2 percent in gross receipt if it passes. from c would raise roughly $300 million annually. that money would go to create housing for at least 5,000 people, creat

. >>> now at 6:00 it's an issue that has san francisco tech titans trading jabs on twitter, how to fix the city's homeless problem and how to pay for it. good evening to you. i'm juliette goodrich. >> i'm brian hackney. we'll have that story in a moment. >>> first we are following breaking news in san jose. a bomb squad has been called to a home on the east side of san jose following an explosion. police tell us that it happened in the garage of a home on moonflower court. two people have been taken to the hospital. both are expected to survive. we're also told the fireworks were found on the scene. right now it is not clear if there's still a threat to surrounding homes, but we have a crew on the way and we'll keep you posted. >>> back to our top story, salesforce ceo marc benioff was in chinatown today campaigning for one controversial plan to curb the city's homeless crisis with tech money. kpix5's andrea nakano joins us now with both sides of the prop c showdown. andrea. >> reporter: this would be the largest tax increase in san francisco history and it would force the biggest comp

tech workers. the standard book in the analysis that you find in san francisco is to blame tech workers and the young people paying the rents for the sky rocketing that was when i argue in my book. the people fighting to get more housing in san francisco our tech workers because they come out their job only a hundred thousand dollars in student debt. in their pain $3,500 a month for one bedroom in san francisco. typically with three to four roommates. everyone thinks i'm making all this money. i'll have i don't have anything. i have no future in the city unless we build more housing and had more affordability here. really the tech workers are part of the solution and tech companies don't build housing. they allowed all of these jobs to be created both in the '90s and since the city council will require apple to build housing. they add 10,000 jobs in where are those people to live. their neck and lived in daly city small town next door. so tech workers are moving and becoming part of the solution in san francisco and should have claimed as they often are. documentaries are so blame tech workers. inste

the proposal has split opinions among san francisco's tech names. with them some of your tech peers. why are you so out front on this? >> walked outside the door. we have a very serious homeless crisis in infants scope. it is getting much worse. we have 1200 homeless families each with two children. how are we going to get them off the streets? that is why i am voting for prophecy. >> what about the unfairness? there is ansays unfairness i see as my role at square. they would be taxed at a significantly larger total contribution. what i see is a crisis of inequality in san francisco. in our 70 billionaires city. we have companies with hundreds of billions of dollars in market capital. we are the largest employer in san francisco. you just talked about a few companies. strike.twitter, is, theseg thing companies can afford it. these are immaterial amounts to us. $10 million doesn't mean anything. than the private plane and the jack dorsey flies on. it is the money that we need to make a difference here in san francisco. says it becomes unsustainable a

tech workers. the standard book in the analysis that you find in san francisco is to blame tech workers and the young people paying the rents for the sky rocketing that was when i argue in my book. the people fighting to get more housing in san francisco our tech workers because they come out their job only a hundred thousand dollars in student debt. in their pain $3,500 a month for one bedroom in san francisco. typically with three to four roommates. everyone thinks i'm making all this money. i'll have i don't have anything. i have no future in the city unless we build more housing and had more affordability here. really the tech workers are part of the solution and tech companies don't build housing. they allowed all of these jobs to be created both in the '90s and since the city council will require apple to build housing. they add 10,000 jobs in where are those people to live. their neck and lived in daly city small town next door. so tech workers are moving and becoming part of the solution in san francisco and should have claimed as they often are. documentaries are so blame tech workers. inste

in san francisco, melanie woodrow, abc7 news. >>> another major tech conference is setting up in san francisco, so taxis should get rides out of it. work under way for oracle's open world at moscone center, monday. howard street closed to october 30th. weeklong and concert headlined by beck. >>> michigan man is hoping someone will identify a couple he snapped a picture of in yosemite. tweeted picture. wrote, twitter, hep, i don't know who the two are but i hope this finds them. >> just stunning. >> oh, gosh. >> right in the distance see a man on one knee, taking woman's hand. tweet has had more than 217,000 likes and 98,000 retweets since it was posted wednesday. looks like they meant to be there, they hired him. but they didn't. >> looks like a movie shot. fantastic. perfectly framed an she's wearing a flowy dress. perfect. >>> smoke from wildfires in northern california and oregon is making way to the bay area for stunning sunsets. >> sandhya patel. >> because of the fact that we have so much haze, not strong wind to clear it out today, and combination of that along with smoke expec

another ipo, it's another san francisco tech company, anaplan, a cloud based company going public. i said it before, there's another ipo, we have had, i think 30ipos, tech ipos in particular this year. there's the bell live, that's a positive indication in the economy, it's a vote of confidence by taking them public right now. it looks like a much higher opening following big days of lossesalso trade with ina. we're goin watch the markets and bring the business news coming up in today's dollars and cents. >> thanks for joining us, the ladies on 2 this morning. >>> i'm gasia mikaelian, i'm in for dave clark this morning. we'll point you to the weekend weather and steve, we'll have good weather in the bay area. >> hurricane michael is now post-tropical. it's producing a little bit of a punch, it's producing rain in long hours it will make the trek across the atlantaics, wind advisories, sunshine and warmer le bit of a northeast breeze, a of a couple of cool days we'll see warmer temperatures and a little fog saturday. it looks like it's going to stick and stay for a while. high press

for those of you that are not aware, we are san francisco's tech advocacy organization here in town. so, there's been a lot of really great points covered today by a number of our members and their workers, and i'd like to kind of cover a little bit more of a larger ecosystem. i, fortunately, as the industry representative, am able to take a look at many different companies and really get a feel for the impact of this legislation. so we represent tech companies both big and small. many of the companies that are here in the room today. we have been able to gather some data that's, you know, quite significant. there is hundreds of jobs so far that we have identified that would be at risk with this legislation. these are really good jobs, as we've covered already today. some of our employers are paying on average 30% more than the market. we also have really good opportunities through these jobs for people to be upskilling and breaking into the tech industry. many of these different employers have great programs for employees that start in the kitchen to move on up to other departments.

we will keep monitoring this protest in downtown san francisco. >>> to san francisco for -- tech moguls got in exchange -- into an exchange on twitter today. check dorsey and mark many off disagree over prophecy. the measure proposes attacks on san francisco's largest businesses to raise as much as $300 million annual for homeless programs. dorsey retreated -- we tweeted, i want to help fix the homeless problem in california. i do not believe this prophecy is the way to do it. i support marilyn and -- the commitment to treat this the right way. you may remember earlier this week, he came out strong for prophecy. he is pledging it -- proposition c. he is pledging to help pass that initiative. >>> daylight saving time has made its way to the ballot to become permanent. proposition seven, the daylight saving proposition would allow the state legislature to establish daylight saving time year-round. status of remember of n se is c he says the time change impacts people's health. >> there are some data that shows that the heart attack rate increases during the springtime where people lose on

critics say it will affect cafeteria jobs and it will not ban catering at tech office buildings. a san francisco restaurant and bar that's been in business for more than 30 years is closing. the owners say constant construction on vanes avenue and we have a report from van ess avenue. >> the owner says the crowds are too little and too late as business is suffering because of construction. >> we're not making rent, we're no longer making the cost of doing business. my partner is we have to stop. we don't want to get into serious debt. >> they're going out of business, it's a shame. they made this location work, i've seen restaurants and other things come and go over the years. >> the owners decided they couldn't keep the business afloat, they have to let go of 7 employees. >> they say it's due to van ess improvement projects happening outside of their dogs, lack of foot traffic has them in the red. >> this happened in 2017 and by january we noticed a steep decline in business, i looked at the numbers, we dropped 30%. >> and the goal with the van ess project is the goal is to ease congestion and

you know, melissa, sales force is the largest business in san franciscos the largest employer, we're the largest teche worth $100 billion. san francisco has created hundreds of billion dollars of market capitalization but we have got to deal with this issue. melissa: why don't you build the shelters. if you made that much money, why don't you build the shelters? >> i am building shelters. philanthropy can only go so far. we need half of 1% to take this happen. i'm supporting proposition c. this is critical for our people here. st. francis, our namesake patron, giving to receive. let me tell you in san francisco we need prop c, we need to generate money to build shelters, get people off the street. melissa: let me ask you, a former member of the san francisco police commission. he was on last night, right now between 1 1/2, $2 billion are being spent per year on the homeless problem. >> that is not true. melissa: so, however much money you're spending, if you're talking about -- >> you should probably talk somebody actually doing something about it. melissa: what do you think number is? what do you th

we will bring you the latest throughout the week. 2:00 in san francisco. bloomberg techtreaming on twitter, check us out and be sure to follow our breaking news network tictoc on twitter. this is bloomberg. ♪ comcast business built the nation's largest gig-speed network. then went beyond. beyond chasing down network problems. to knowing when and where there's an issue. beyond network complexity. to a zero-touch, one-box world. optimizing performance and budget. beyond having questions. to getting answers. "activecore, how's my network?" "all sites are green." all of which helps you do more than your customers thought possible. comcast business. beyond fast. haidi: welcome to daybreak australia. i am haidi stroud-watts. shery: i am shery ahn in new york. sophie: i am sophie kamaruddin in hong kong. we are counting down to asia's major market open. haidi: here are the top stories. -- reserve ratio in china amid the slowdown and worsening trade war. market focus is on china after the golden week break. japan closed

. >>> the battle over a measure to help the homeless in san francisco pitting high tech leaders against one another. prop c would tax the wealthiest companies and help people living on the streets. salesforce ceo marc benioff has been a strong supporter of the measure. ktvu's heather holmes sat down with him and asked why she taking a strong stand. >> the signs of economic success could be found in the cranes in san francisco. a city that is transformed. a difficult and devastating problem surges on the votes to below. >> you have to walk a few blocks from here and you will see that there are a lot of homeless people at our city. and it is getting much, much worse. >> reporter: salesforce ceo marc benioff has been committed to bay area causes. donating millions to hospitals, schools and organizations devoted to homelessness. as we sat inside the office building on mission street marc benioff described the positive empath of philanthropy. >> it requires funding and focus. >> reporter: he said the homeless problem has out grown -- requiring all rich companies to stand up and help deal wit

san francisco. and handed from tech insider to tech insider. get your hands on that book, and you have your hands on years of wisdom from maynard webb, a longtime silicon valley veteran and investor. i know how you can get that secret book. webb has a change of heart and has decided to publish the secrets for anybody to read. meaning the secret book of wisdom is now at barnes & noble or at amazon. maynard webb sits on the boards of directors at visa and salesforce and was chairman of the board at yahoo. thanks for being with us. >> nice to be here. >> it's in letter format, which i think is interesting. i opened randomly to page 107. dear founder, if you're reading this letter, you're probably struggling with your business strategy and execution. it goes on, signed maynard. then the next one and the next one. why letter format? >> this is all my son's idea. he read an article on medium about a father who was dying. and wrote a number of letters to his son. to help him through his life. and there was one about when you have your first fight with

also with me in san francisco, our bloomberg tech senior executive editor, brent jones.ere a saturation in the market right now? >> no, i don't think so. amazon shares were up 7% during the market, and then they give it back after the earnings. they missed a little bit on the top line, that fourth-quarter guidance was weak, so analysts -- i think investors are a little bit worried about that, but amazon has always been conservative. in terms of the segment slowdown, some of these categories like aws and advertising are growing at three figure rates. in aws's case, around 50%. emily: by becoming have unique -- by having unique insights and working with amazon from the outside, is there something bigger here to be concerned about about a broader slowdown? guest: and not at all, the advertising business, which is where i had my experience, is a very large market. particularly the digital point of purchase, it $22 billion industry, it is really large, and every single brand should be thinking about that as their number one priority for driving prices online. emily: amazon is

for them it is a major business decision to stay in san francisco. >> but the tech giant and salesforce founder a longtime contributor to homeless causes one and one of the city's biggest employers says not only is he good with the tax, he will also spend $2 million of his own money to help pass the measure. >> today the homeless situation in san francisco is so touching 7500 homeless individuals on our streets and 1200 homeless families. many with two kids each. we know that we have to get these people off our streets. when other current funding is not enough. >> others like sa francisco mayor gavin newsom says that what the city needs is a regional solution. and that one city spending more could actually attract more homeless to the city. >> if you put out $4 million in the homeless fun, i promise this and i don't think this, your problem will get much worse. >> the magnet theory is silly and it has been thrown around for years and every city thinks they are a magnet. >> if they put 4000 people in a shelter the next five years there will be another 4000 behind it as there always has b

but i think the issue is what responsibility tech has for the massive homeless issue in san francisco if you've been there but it's really out of control and really depressing and sad and tragic given how much well tl wealth there is in the companies largely from tech which have come in, jacked up housing prices. you know, people want to live in the city, and so it's a real problem around house, around what to do about this, how much money we should pay for this. and so it becomes a big issue. so i think the question is who's responsible for it and who should pay for it and that's really where we are. >> well, seems somewhat absurd is how much these companies are spending sort of on publicity right now to push this thing one way or another. imagine if they spend it just helping the homeless. i want to share what mark bennyoff of sales force said. he says when it comes to this proposition c, it's the same two buckets. either for the homeless or for yourself. that's a bold statement but is it fair? >> well, you know, i think -- you you know mark, he likes to put things in those stark te

san francisco. tomorrow, catch full coverage of tech earnings. we will cover netflix and ibm after the bell.ly chang. this is bloomberg. ♪ comcast business built the nation's largest gig-speed network. then went beyond. beyond chasing down network problems. to knowing when and where there's an issue. beyond network complexity. to a zero-touch, one-box world. optimizing performance and budget. beyond having questions. to getting answers. "activecore, how's my network?" "all sites are green." all of which helps you do more than your customers thought possible. comcast business. beyond fast. manus: our top stories this morning. president trump floats the idea of road -- rogue killers. he sends mike pompeo to seek writer'so the disappearance. consumersn weakens as factory prices to verge. -- diverge. manus: eu leaders prepare for a crucial brussels summit. theresa may calls for cool heads to prevail. ♪

san francisco. >> several bay area tech companies are distancing themselves from a social media platform for the pittsburghect posted. paypal has canceled account. and they're now looking at other ways to remain afloat. >>> a march linked many faiths in los angeles. they marched to a church and held a memorial at a mosque in the san fernando valley. today's solidarity march was scheduled before the attack carried out in pittsburgh. others called for peace and understanding. >>> new details now on the serial pipe bomb suspect cesar sayoc. >> abc news has learned where he was working when the packages went out. this comes as sayoc is expected in a miami courtroom monday afternoon. abc news reporter stephanie romose with more of what we know about sayoc. >> reporter: in this exclusive video obtained by abc news you can see this package bomb suspect working over a one week period. the fbi says he was mailing explosive devices. there's cesar sayoc hosting at the door of the west palm beach club. even as his mail ieds and sayoc was at the club again paging through a notebook. a fewer fgent ok downt auto zone sto

tech. from the department of justice in san francisco, jackie ward, kpix 5. >>> california's high-speed rail system is expected to clear another legal hurdle today. the sacramento county judge has tentatively rejected claims that the state is misusing voter-approved bond money on the project. they will be in court today when the judge will issue a final ruling. >>> google says dozens of employees have been fired for sexual misconduct but they say none of them received a big payout on the way out the door. in a memo to employees, the ceo says that 48 people have been fired over the last two years. 13 of them high level employees. and according to the ceo, none got exit packages. the memo came shortly after a "new york times" report says google offered massive payouts to executives facing misconduct allegations. that includes android creator andy rubin. >>> a new federal list lists three of california volcanoes as high threats because of the devastation it would cause. the list of 161 volcanoes include mount shasta, lassen and long valley. the usgs scored them based on several factors includin

. >> and high-tech garbage bins in san francisco today. the special features officials hope will cut down on vandalism and keep trash from overflowing. overflowing. >>> october is breast cancer awareness month and tonight we are looking at the importance of genetic testing as a way of detecting the disease before it spreads. women with certain gene mutations have a higher risk and the testing provides a lifeline. >> i have friends with breast cancer. >> reporter: every year since she turned 40 she got a regular mammogram. she says that comes extra anxiety. >> you're on a roller coaster. we're all kind of waiting for that axe to fall maybe. >> reporter: she decided to participate in the wisdom study to find out her exact risk for breast cancer based on her genetics. >> a friend told me about it. breast cancer affects all of us and there are multiple guidelines and conflicting screening recommendations. and so i was interested in helping to figure that out. >> reporter: researchers are recruiting 100,000 women to join the online wisdom study

other investigators have been on the scene all day today including the san francisco office of the fbi having their explosive techs on scene after receiving reports. the top priority has been safety. as you mentioned the package that was intercepte od ffice was addressed to billionaire and democratic fundraiser tom steyer who has been a harsh critic of president trump. steyer has been going as far as calling for the president to be impeached. .. (dant)one of the big questions for investigators is if there are anymore of these packages out there. again, safety has been the highest priority. that's the latest here live in burlingame--dan thorn kron 4 news. (catherine) the suspicious package was taken from burlingame to a remote site at s-f-o..(grant)kron 4's dan kerman is at the san francisco police department's sfo firing range with that part of the story... dan (dan) the f.b.i. arrived at the san francisco police department's firing range at sfo around noon with the suspicious package which is seen here sitting on the ground. the firing range was chosen due to its close proximity to burlingame and due to its isola

san francisco's a boom-bust town, as many of you know. we're in tech v. 2 at this point.his has been the most signatu significant contributor to many of the issues the city faces at this time. we'll play dog whistle politics all day long, where you know it's the big corporation cabal that responds to city hall. the stats are clear, 60,000 people in, 50,000 people out. this is from our planning department, every year. this is extremely disruptive to our communities. we need stable, strong communities and strong leadership in those communities that comes from outside of the tech-real estate cabal in order to fight the problems that we have here. evictions and displacements citywide, we've lost many neighbors and friends. thank you very much. >> thank you. mr. win? >> yes. we're very much fighting for the soul of the city. it's unattack, and it's unattack by the tech sec -- under attack, and it's under attack by the tech sector and the tech community. san francisco is a divided city in so many different ways, not to mention the issues that we deal with specifically just to t

san francisco. this is "bloomberg technology." the tech wreck is sending stocks sputtering.e among the companies pummeled among the latest results -- as the latest results. it. can chicago be the next tech up? we will talk to a u.s. commerce secretary -- a former u.s. commerce secretary who think about it.

san francisco filling in for emily chang. this is "bloomberg technology." in the next hour, netflix, the first a big tech to report earnings, third quarter subscriber growth that could impress, can the rest of the faang family do the same? plus, how a congressman wants to protect people online. in his internet bill of rights become the law of the land? and, lest than three weeks until midterms. getting up to vote with celebrity driven voter registration. first to the top story. the nasdaq has seen its fair share of wild days and there is still some time to go. as earnings season picks up steam, investors are sifting through results for signs of strength and weakness to see if the ongoing trade war between the u.s. and china and higher interest rates are eating away at profits. earlier this week, netflix reported strong third-quarter. they signed up 6.9 billion

that aren't necessarily tech. >> reporter: i asked marc benioff if he thinks jobs tech or otherwise will leave san francisco from prop c passes he unequivocally said no. since he's been so visible about the proposition, i asked him if he had any political ambitions of his own and he said he will never are up for public office. back to you. >> kate, thanks very much. still to come, a man seen wielding two clain saws on b.a.r.t. what happened aftershocked ryders is started letting police know about it. >> google's ceo is doing more damage control tonight. whaef said in a new internal memo about sexual misconduct at the company. >> and meet one before san francisco's new safety ambassadors coming to a garage near. >> you first leers a look what's.coming up after abc news at 11. >> thank you. you work hard, take a break and revel in this. >> i get emotional as jack watching his kids going through something. >> you turn into jack while you're at it's "gaming with america's best internet provider" internet. just any internet. it's "all your teenagers streaming at once" internet. it's "i can get up to one-two-thre

san francisco. this is "bloomberg technology." the tech wreck is sending stocks sputtering.habet are among the companies pummeled among the latest results -- as the latest results.

san francisco lunch problem. what to do about a proposed ban on new corporate cafeterias. because when tech workers eating in. some local restaurants could go out of business. >> today the planning commission here in san francisco heard from all sides about how they might be affected by a cafeteria ban. for workers it came down to jobs and stability. the commission said they're looking at options. but rejected a ban out right. >> midmarket is a primary example of whatnot to do. >> tim is a sue chef. restaurants that serve lunch in the areaggled. >> under estimation of the amount of corporate cafeterias in midmarket and how easy it is for the employees of the companies to stay there. >> where he works the restaurant serves dinner and happy hour. rather than lunch. something that helps the bottom line and brings workers in. >> in a ferfect situation, it would be healthier to have not have the in certain areas of the city. >> supervisor introduced an ordnance banning cafeterias in future office space to boost the local economy. >> we are authorizing in a central plan 6 million more square feet of office space. >>

san francisco. tomorrow, catch full coverage of tech earnings. i'm emily chang.is bloomberg. ♪ comcast business built the nation's largest gig-speed network. then went beyond. beyond chasing down network problems. to knowing when and where there's an issue. beyond network complexity. to a zero-touch, one-box world. optimizing performance and budget. beyond having questions. to getting answers. "activecore, how's my network?" "all sites are green." all of which helps you do more than your customers thought possible. comcast business. beyond fast. >> welcome to bloomberg australia. world headquarters in new york. >> and i'm in hong kong. counting down to asian opens. >> the top stories we're overing in the next hour, technology pulling stocks lower the dollar reached a two-week lengthening list of concerns. bank of america is among the

proposal to ban private cafeterias in office buildings, it goes before the san francisco planning commission, this would force tech workers to contribute to the local economy to spend money at nearby businesses and restaurants, it would affect cafeteria jobs and it would not ban catering at office buildings. >>> a san francisco restaurant and bar that's been in business for more than 30 years is now closing, the owners of bootleg bar and kitchen, the constant construction work drives away business. earlier they decided they couldn't keep their business in business. the van ess improvement project that is happening outside of their doors is keeping business away. >> we noticed in january a steep decline in business, we dropped 30%, i looked at the numbers. >> there's 150-year-old utilities underground, some are unmarked, we had to identify what the utilities were before we moved them. >> the owners said bootleg bar and kitchen will close for good next wednesday. >>> the oldest restaurant in the east bay spenger's fish and grotto closed yesterday. they found a note on the door announcing a permanent closure as of ye

tech. from the department of justice in san francisco, jackie ward, kpix 5. >>> new this morning, a powerful earthquake in greece struck. the quake could be felt as far away as athens. power was lost on the island capital. according to the usgs, the earthquake was a 6.8. no major injuries or damage reported. >>> this morning there is now one confirmed death in saipan from super typhoon yutu and many residents in the pacific u.s. territories are expected to be without electricity and running water for months. they look for help from the federal government. the storm is going northwest towards the philippines and taiwan. >>> three of california's volcanoes are considered among the most at risk in the country for a catastrophic eruption. that's according to a new federal report. according to the usgs, volcanos in mount shasta, lassen and long valley are considered very high threat. the list is not a prediction of when the next one will erupt. the usgs scored the volcanoes based on several factors including how recently it's been active, how it could disrupt air traffic, and the threat to life a

san francisco. >>> what to make of this sec tech selloff where does the important sector go from here in andy hair grievous is the research analyst at key bank thanks for j tning us. >>nks for having me. >> what's your version of why we see the selloff in the market leader right now. >> i think you have a combination of factors, right you have a iot of compani this space that have significant consumer exposurehe is a view sew sort of global consumer may be rolling over. you have a lot of companies highly valued and you have a lot of china exposure variation varying degrees you get what we see a l of downside. >> you know, i was also hearing a number of analysts cite the worry about tariffs and the trade war and t all oft factoring in. just as key fundamental reasonst for them take some money out of tech at this point. >> yeah, mean absolutely right to the extent that you have any kind of hardwaresur cr exposure that's either a big inmarket or big input. on both sides what yous see higher prices. sod that usually drives lower volume. ou are going to have issues throughout any company that's trying

san francisco. this is "bloomberg technology." the tech wreck is sending stocks sputtering. amazon in alphabet are among the companies pummeled among the latest results -- as the latest results. it was a huge lead in tech. we have to keep things with amazon after the bell. take a listen. is you look at the revenue mix, especially on the revenue side of things. we expected spending pressure .cross the board the headwinds become a worry as well. if you take those things out of the equation, they did fine. there was some slight growth rate declined in terms of what they did the last couple of quarters. waste on what we are seeing so far, these are the two areas [indiscernible] seeing growth. i don't think jeff pesos has anything to worry about. amazon basics is there but he myths, cell phone chargers and batteries. we saw non-commodity amazon label products. we saw a huge growth in advertising revenue. up to 10% of all the products purchased on amazon are's on search search. there is huge room for growth. emily: amazon is a distant third, but could at some point catch up. can a

tech companies to expand? >> reporter: in addition city and business heeders, there was also a delegation from san francisco university. the university's president said the school's downtown campus plays an important role, providing tech companies with workers of the future. in san jose, devon feely, kpix 5. >> google is eyeing another place, too. tech companies have been flooding into alvisa north of san jose, and google the big up warehouses there while other businesses are snapping up land. it's not clear how investment from tech companies will impact the tight-knit community. some long-time residents note that a lot of the office space is empty and unrented, but local officials say an influx of money can give the area an important opportunity to grow. >>> a hotly contested business tax could generate millions of dollars for the city of mountainview. if voters pass the measure next. e your p would require ness to pay a licensed tax based on the number of employees a business has. a single proprietor would pay $75, but a business like google would have to pay upwards of a half a million dollars. the money would go t

san francisco. this is "bloomberg technology." the tech wreck is sending stocks sputtering.ong the latest results fall short. can chicago be the next tech up? we will talk to a u.s. commerce secretary who think about it. and workplace diversity. it is progress happening? a new women report

san francisco where dozens rallied outside the gaulten consulate. they say the guatemala sh upper back trying to help them. >>> the time is 5:33. another tech conference setting up in san francisco. the work is under way for oracle's open world opening at this center on monday. howard street closed between third and fourth industrial until october 30th. the week long conference will feature keynote speaks spoerkting the future of business and technology as well as a concert by beckon wednesday at at&t park. >>> happened today electric scooter company skip is hosting a group ride in san francisco. skip wants to connect riders sharing best practices for safe riding and good behavior. this comes after less than a week after the scooters have been back on the streets in san francisco. as our reporter kate larson reports some riders have a lot to learn. >> when scooters first landed on san francisco streets in march, the riders parked with immunity thrown into trees strewn across sidewalks and left broke 199bushes. city hall banned the scooters. then monday allowed two company skip and scoot to relaunch under a new permit program. >> it's been g

in san francisco, the epi center of tech innovation, we can allow that to take, but we also have a dutyo our citizens and visitors to remain at the regard began of policy privacy, as well. it is an amendment to our charter to create a policy containing 11 principles that are based on forward thinking regulations from the european union, and it's also a mandate that the city developed legislation by mid2019 and revisit that regulation every three years so we can stay ahead of an evolve issue. prop b contains a statement that it may not be implemented in any way that undermines public records laws. privacy is important and it's your right. by voting yes on b, you're asking to put that privacy first and asking public officials to put that first. >> thank you for your comments and your time. we hope this discussion has been inform ative. for more information on this and other measures in the election, please visit the elections website at sfelections.org. remember, early voting is available starting at october 8 on city hall from 8:00 a.m. to 4:00 p.m. if you don't vote early, be sure to vo

san francisco. this is "bloomberg technology." the tech wreck is sending stocks sputtering. amazon in alphabet are among the companies pummeled among the latest results -- as the latest results. it. can chicago be the next tech up? we will talk to a u.s. commerce secretary -- a former u.s. commerce secretary who think about it. and workplace diversity. it is progress happening? a new women report seems to prove otherwise. first, the top story. tech has been front and center in the global equity selloff. it is on pace for its fourth andecutive weekly decline amazon and amazon in alphabet led shares lower. kawa and we by luke have tom giles. luke, talk to us about what you see in the tech part of the selloff. are there signs this will be lasting? that is a bigg concern for investors is that nothing is holding up among the big weights in the nasdaq 100. everything is off 5% from the s&p 500's high. intel, and also comcast. there is a lot of damage, widely spread. are is a time where we talking about in treating companies on an individual basis in the market. it's a time when re

san francisco will have its first high-tech garbage can. the european waste reduction company is installing it in the um plaza area as part of a trial to see how it holds up. it is solar powered and has anti-graffiti coating and it can crushed the garbage inside the machine to save space. it is connected to the internet. it will alert trash haulers when they need to unload it because it is fall. the city hopes that garbage cans will be less prone to vandalism and overflowing. >>> today marks 29 years ago since the deadly earthquake. remember? this was a magnitude 6.9 earthquake, centered in the santa cruz mountains. 63 people were killed and there was tremendous damage. the structure freeway in oakland a part of the upper deck of the bay bridge just collapsed. ruptured gas line caused a big fire in san francisco's marina district. the earthquake hit at 5:04 pm. it disrupted the start of game three of the world series between the oakland a's and the giants at candlestick park. the damage from the earthquake was estimated at about $6 billion.

san jose. another major tech conference sets up here in san francisco.tween third and fourth street until october 30th. the week long conference will feature speakers forecasting the future of business and technology. >>> generations of disney characters are entertaining audiences here in the bay area this weekend. the new disney on ice show 100 years of magic opened at oracle jarn last night celebrating disney characters from mickey mouse to elissa and ana from broze are frozen. there will be a 2nd run on the 24th at sam swernt in sflai. disney is the parent company of abc 7. turning to the weather with our meteorolis dinglasan. >> good morning, everyone. style dealing with fog and lou clouds but there is clearing right now. through the inland areas but in part of the north santa rosa, petaluma, napa down to zero miles right now due to some of the thick fog. temperatures range from 40s to 50s. so we have 45 in cloverdale. oakland 55. designate o 49 and senate san jose 52. by this afternoon things warm up. more sunshine except at the beaches. and heads u

tech stocks, but it turned out to be short-lived. number technology host, emily chang, jens us from san francisco. at were your key takeaways from the badge of tech earnings today? emily: lots going on, that right . we should address amazon first, revenue growing 20% year-over-year -- 29% year-over-year, but the disappointment came for the forecast for the holiday quarter , it was like when it comes to revenue and profit. perhaps it has something to do with costs, we know that their increasing minimum wage for their workers across the company, and also, whole foods is continuing to work on that particular acquisition. alphabet was also a bit light, it narrow miss on revenue. i spoke to the cfo and she blamed it really on currency headwinds, talking about the bright spots which are mobile, hardware, ai and cloud. having anr, interesting report, monthly average users continued to decline, in fact, they dropped by 9 million, but revenue is increasing. users are coming back to the platform, and despite the declining users, they are in the hopes of finding a more engaged audience? shery: let us talk a b

. >> >>> tech leaders in san francisco are discussing how to better address the homeless crisis. the leading the charge to pass proposition c a proposed business tax on the november ballot. i sat down who told me big businesses can afford it. >> the signs of economic success can be found in the construction cranes in is safe's south of market neighborhood they've come to a similar bowlize a city rapidly transforms. a difficult and devastating problem surges on the streets below. >> well you just have to walk a few blocks from here sales force and you will see that there are a lot of homeless people in our city. and it's getting much much worse. >> sales force ceo has long been committed to bay area causes. donating millions to hospitals, schools and organizations devoted to homelessness. as we sat inside sales force east on mission street, describing the positive impact of philanthropy. >> i've been in the shelters, i've seen the progress that can be made it requires funding and it requires focus. >> the homeless problem has out grown philanthropy alone, a sign for a tax for rich

rear cameraing you will see kind messages in different languages. >>> a new tech alternative work space opened in san francisco. it's called the wing. this one designed specifically for women. it features meeting rooms, cafe, and a beauty room. membership for a single location is $2,350 a year. which is less than other co-working spaces like we work. the co-founder says you don't have to be a woman to apply for membership. >>> next francisccialsreti>>ir ttbay bun. hooting inthe you've worked so hard to (huachieve so much. perhaps it's time to partner with someone who knows you well enough to understand what your wealth is really for. >>> now at 6:30, breaking news n east bay. a two-alarm fire tears through a tire shop. >>> tracking hurricane michael. the dangerous storm hours before making landfall. we are live in florida. >>> plus, the itg for y to cim it. >>> good morning. it's wednesday, 10th isre doin >> w that. family reasons. we found very cool. there's some kind of rebate from a utility company. >> you never know. >> bonus. >> i can't wait to hear that story, because i want more. >>> all right. speaking

young people coming here now in the tech industry are sort of like insulated from the culture of san franciscothe beat generation or even you know since the end of the second world war, people came to san francisco in their twenties to do a very specific thing. you know, san francisco is a place where you can have an acid trip and sort of see that all the stuff you thought about yourself is just kind of bullshit. and, um, you know, even though culture is changing and even though it's horrifyingly expensive, there is still something like that that exists in san francisco. you'll always have that. you know, san francisco will always make that impression on you. >> anthony: san francisco was built on toughness. it's a boozy town, a saloon town, red meat, sex, and dirt. every morning, every morning 7:00 am, i'm here, and for the next hour or two hours or sometimes more i am just getting crushed. humility, jiu jitsu gives you that, in spades. in 1914 mitsuyo maeda, master of judo and prizefighter, emigrated to brazil. he befriended gastao gracie and ended up teaching his sons carlos and helio. and