it is about improving the quality of life for latinos in silicon valley. anyone is lock it join us in the work. >> you mention the round table sessions. >> from people who want to see the data and do something about it. >> i think the wonderful thing is they want to be engaged. they have to be invited. they have to be invited to the table. they have to be invited to the meetings, and once they're at the community, they feel there's a purpose to that meeting. they'll be engaged and the results for our work are better off because of their engagement. >> now in the past, the hispanic foundations, the monetary grounds to nonprofits when you still do. since you came on board, you've taken in that different direction, you've elevated the status and taken the bull by the horns as far as finding out what ims our community, what are we doing good and where do we need to improve? it doesn't take a rocket science to understand what our community is concerned about. our voices of change report which we just released in july of this year and can be doubled from our web

this makes two splits in two weeks for silicon valley tech giant. last week ebay saying it will spin off its paypal division and now hp says it will spin off its printer division, dividing itself up into two companies, the new company, hp ink, will get a new ceo. meg whitman will remain as chief executive of the main company. >> and that is the recipe that usually leads to a big new company that does create a lot of jobs and wealth because that's the venture model. need a little bit of money and someone to say go. >> reporter: while the news boosted stock, it also comes with 5,000 job cuts. some tech watchers call it a mess. >> no, this is a well organized mess, i think. sounds good. the turnaround is working so we're going to split it up. honestly. this is a mess. i couldn't agree more with roger mcnamee, that they didn't know what to do and even splitting up they face enormous challenges. >> reporter: hp has gradually been turning itself around. it now hopes that break up can help. >> as we mentioned investors seemed happy with today's news and de

when i came to silicon valley, i thought i had missed all the opportunities, fun, excitement. it felt post-apocalyptic. when did you realize you were wrong? >> it took the internet taking off. silicon valley was on fire. with companies like oracle taking off, microsoft and so forth. the valley crashed really hard in the late 1980's. the thing i learned was, the number of people who were unbelievably talented, who had been through the pc revolution, who just didn't have -- there was no real thing for them to do. the minute there was something to do, they all said, i want to be part of that. >> for someone who comes to silicon valley today, have they missed all the excitement? >> there is no way. it feels to me like 20 years of progress with the internet. we are just now getting the payoff from the hard work. >> ebay and hp recently decided to split up. you said they made those decisions independently. why is this happening? >> my view is there is going to be more fundamental industry change in the next five years than in the last 20. every technology company more than 20 years

for the future of silicon valley, we want to hear from you. we might use your question for the candidates monday night. >>> well, they are pleading for his freedom tonight. the parents of a u.s. aid worker beheaded by isis militants. peter casic was taken hostage last year. >> dear son, we hope that you will see this message from me and your father. we are so very proud of you and the work you have done to bring humanitarian aid to the syrian people. >> we know that the syrians are suffering. we also believe violence is not the solution to the problems that trouble us all. >> peter casic converted to islam while in captivity. >>> the video released yesterday appears to show the beheading of british aide worker, alan henning. >> it's a monsterous way to die. lots of people spoke highly of him. unfortunately, his release didn't happen. >> henning was captured about ten months ago. he was a british taxi driver who disea decided to go to syria to provide aid. >>> investigators say the attack has revealed possibly breaches on nine other financial c

curious to see the future of the silicon valley. district 17, where our nbc studios are located, is among the most dynamic and powerful districts in the country. so here's what we're ge going to do. we're going to meet the panel and go over the ground rules in a few minutes. let's begin with congressman honda. a familiar face in the region, the 73-year-old is seeking his eighth term. but his story didn't start on capitol hill, but as a toddler. mr. honda and his family were forced to live in a japanese internment camp during world war ii. a graduate of san jose state and a member of the peace corps, honda had a distinguished career as a science teacher and school principal. some of his key offices, the santa clara county board of supervisors, state assembly and currently one of the house democratic senior whips. and he comes into tonight's debate with the endorsement of nearly every local, state and national elected democrat. this includes senators feinstein and boxer, minority leader pelosi, governor brown, and president obama. add

curious to see the future of the silicon valley. district 17, where our nbc studios are located, is among the most dynamic and powerful districts in the country. so here's what we're ge going to do. we're going to meet the panel and go over the ground rules in a few minutes. let's begin with congressman honda. a familiar face in the region, the 73-year-old is seeking his eighth term. but his story didn't start on capitol hill, but as a toddler. mr. honda and his family were forced to live in a japanese internment camp during world war ii. a graduate of san jose state and a member of the peace corps, honda had a distinguished career as a science teacher and school principal. some of his key offices, the santa clara county board of supervisors, state assembly and currently one of the house democratic senior whips. and he comes into tonight's debate with the endorsement of nearly every local, state and national elected democrat. this includes senators feinstein and boxer, minority leader pelosi, governor brown, and president obama. add

this is the future of the silicon valley. corporate tax loopholes for tech companies, internet privacy and education funding. this is where a lot of it starts. congressman honda served the south bay for decades in various capacities, the last 14 years in congress. the 73-year-old is seeking an eighth term. he's a senior member of the house appropriations committee and secured money for various bay area had projects. he's been endorsed by every major democrat from president obama to nancy pelosi and both of california's senators. he's popular, has no major missteps. will voters want a change? that's where row kana comes in. he's want to be the voice of the silicon valley. he was born and raised in philadelphia but relocated to fremont in 2011. he's looking to win a first elected public office. he's a former commerce department staff member appointed by president obama. he's also endorsed by nearly all of the major bay area newspapers and leaders of dozens of silicon valley companies like google and yahoo. should be fascinating

the future of the silicon valley. district 17. the one and only debate between long-time congressman mike honda and the newcomer ro khanna. they're both democrats but are clearly different. nbc bay area's cheryl hurd joins us from our studios of why this race is so relevant. cheryl, we were part of this debate. it was fas sthating tonight. >> reporter: it was. very much so. look where we are. silicon valley drives much of our economy and even though both candidates are both democrats, they come from two separate worlds. we took a trip to santa clara to see what voters are saying about the two candidates running for congress in the 17th district. >> i think mike honda is a well-established candidate, and i think he has not done anything wrong. >> reporter: my initial inclination is to lean toward ro khanna as somebody new. >> reporter: tonight congressman mike honda and ro khanna taking center stage at tonight's debate at the nbc bay area studios. >> you go down to flextronnics in milpitas and it's like being in a science fiction m

>> what does silicon valley get that other industries don't get? >> silicon valley gets that r&d is not just holing up in a lab and inventing something, and then there it is. it's actually being present an interactive in the network around innovation. people hold up steve jobs and say he was sit in the back room. but he was talking to people constantly. what can be done here, i mentioned learning about this, i wanted learn about this. it's a combination of intense, competition and intense cooperation. >> linkedin is a paradox. it makes it easy for people to find opportunities, and makes it easy for companies to lose good people. >> when you have a transparent ecosystem, the quality opportunities, the high culture companies will benefit. the talent will flow to those. but overall, it creates massive benefits for individuals and for the companies that have interesting opportunities. that is a good thing. >> you have a statement of alliance at the end of a book that people can use as a guide. isn't it just a promise, and a promise can be broken? >> pr

it's not just silicon valley. tech is exploding in silicon alley. new york city becoming a hotbed of savvy start-ups. especially in certain industries. one company, boxed, is using new tech caps on distribution challenges. selling consumer products in bulk without traditional wholesale club membership fees. we go inside in our first installment of our weeklong special, "new hack city." >> what happens when successful tech entrepreneurs take over a boring warehouse just outside of new york city? you get boxed. >> we wanted to build a service that no one had built yet. shop devices.- shop devices. the future of shopping will happen on mobile devices. \ we're trying to get ahead of the curve. >> boxed is the e-commerce answer to wholesale clubs like costco and sam's club. buying in bulk without the membership fees. >> saving you a little bit of money. >> nearly eight in 10 orders qualify for free shipping. the boxing are filled in warehouses in new jersey and las vegas. strategic locations to reach a large part of population in little time. >> 88% of o

peter teal has been involved in just about everything in silicon valley. he is a venture capitalist, an entrepreneur and a libertarian activist. he is the first outside investor in facebook and sits on the board there. he has invested in yelp and linkedin, and helps the cia use big data to fight terrorists. he has paid college students to drop out of college. >> i now pronounce you spouses for life.  initiatives and republican campaigns at the same time. he warned of a financial bubble and crash fife years before it happened. >> hey, guys, come on back. >> he has been depicted in movies. here is the fictional peter teal in "the social network" and satired on hbo series "silicon valley." >> billions of breads. >> his book "zero to one" is currently number one on the "new york times" best-seller list for business books. it all started here at buck's restaurant when peter thiel pressed a button and sent money from one palmpilot to another and paypal was born. peter was one of the main three founderses of paypal, along with elon musk and max levchin. he has 6

illumios. >> what is fund-raising like in silicon valley right now? is the money falling from the sky? >> there's a lot of lessons from the last 15 years. if you are going to one of the top funds, they are going to be skeptical of most things. have laterwhen you stage companies that people think are hot, people in new york a pretty eager to give the money and that is dangerous. involved -- now that joe green is out without zuckerberg, what does the future hold? >> zuckerberg is still backing it. the immigration issue is so important. of our bestg one engineers because his wife lost her work visa. politicians on both sides want to fix this. this room isn panicked over market volatility. the screens go read last week -- did that matter to you and your community? >> you have to be aware of it whiche there is a truth is the call before the storm. >> absolutely great having you here. so many wondered why there is a silicon valley guy. they should listen to joe. he surely knows what he is talking about. thank you so much. stephanie ruhle from the robin hood

gym class at the mission san jose high school in silicon valley. here, the growing asian influence is particularly apparent. the school gets better table tennis and badminton results than it does in american football. when principle zach larsen attended this school, nearly all of his classmates were caucasian. today, nearly 90% of the 2200 students are asian. he explains how the academic climate has changed. >> i've heard kids joke about the b is an asian f and that sort of thing. but overall, the kids work hard and they do very, very well. our school's average gpa is quite high, up in the upper 3s and the kids work hard and it shows. >> whether solving equations or learning languages, they are diligent and eager to learn. but the competition among the students, and the high expectations of many asian parents, is also evident -- they want their children to be the best of the best. conflict among the students is rare, ambition is the norm. and to cope with all the pressure, they've set up self-help groups. because asian students often have a real fe

tonight we investigate silicon valley's dark labor secret. i'm investigative reporter steven stock. coming up, we reveal a system that leaves some high-tech workers trapped like indentured servants. >> and then it spewed more than 100 million gallons of oil into the gulf but where did it all go? the alarming new claims connected to that massive bp disaster. >>> and amazon turning readers into publishers. we're back in a moment. >>> highly educated foreign workers being treated like indentured servants. >> a year-long center by nbc bay area and the center for investigative reporting exposed this reality that few people know exist. investigative reporter steven stock reveals a system of really underground labor, stephen. >> yes, jessica. the companies involved are almost all consulting firms. third-party businesses that contract out foreign workers to major high-tech firms. we discovered some of those companies are not playing by the rules. those companies are often called body shops. body shops that leave highly educated employees without work, little money, trapped in pursuit of the

the crazy innovators. >> silicon valley is accused of being too arrogant.you think there's is too much arrogance? >> there is arrogance. there is arrogance with me. it is our strength and our weakness. without it, we could not be innovative. >> what do you want to be? >> to be a husband and father more than anything else. >> you must be the coolest dad. >> i want to empower people. i care about doing something i've never done before. that is the drug in my life. i want to do it in a way that advances humanity and brings people forward. >> sebastian thrun, thank you for joining us on this edition of "studio 1.0." so great to have you here. ♪ >> david einhorn, dan loeb, larry fink and more -- these iconic investors gather once a year to rub elbows and share strategies at the robin hood investors conference. billionaire activist carl icahn is perhaps the biggest of all, stirring up conflict at apple, ebay, dell, and herbal life, to name a few. he also addressed warren buffett, took jabs at silicon valley, and discussed the unintended consequences of the said's

. >> when i came to silicon valley, i thought i had missed all the excitement. when did you realize you were wrong? and 1980'se 1970's with pc, and then with software like oracle and microsoft, adobe and apple and so forth. thenumber of people in valley who were talented and qualified and skilled who it been through the easy revolution who had been through the early days of software there was no real thing for them to do. up and said i want to be a part of that. for me it was a lesson in how the valley and industry more broadly is self revitalizing. >> have they missed all the excitement? >> there is no way. it feels today like 20 years of progress. it feels like we are starting to get the payoff from our hard work over the last two decades. said they made those decisions independently. why is this happening? four -- more be fundamental structure and the next five years than there has been in the last 20 years. every company will break up. they will naturally split apart. >> define every. >> every. it will take time. you can go down the list. >> you mention orac

which is to be crazy innovative. >> silicon valley is accused of being too arrogant.you think there's is too much arrogance? >> there is arrogance. and there is arrogance with me. it is our strength and our weakness. without it, we could not be innovative. >> what do you want to be? >> hopefully being a good husband and father more than anything else. >> you must be the coolest dad. are you building robots in the backyard? >> i care about doing something i've never done before. that is the drug in my life. so i want to do this in a way that really advances humanity and brings people forward. >> sebastian thrun, thank you for joining us on this edition of "studio 1.0." >> it was great to see you so great to have you here. ♪ stirring of conflict to shake up ebay, andapple, herbalife. interviewre on camera he addresses warren buffett warren buffett and jazz at silicon valley and discusses the unintended consequences of the fed's monetary policy. ts

his advice, start a tech company in silicon valley. scott budman, nbc bay area news. >>> a stanford professor was also awarded a nobel prize today, this one for chem tri. the first to enable microscopes to see individual molecules inside living cells. professor warner, who is in brazil right now, skyped with us today. >> it's little beacons that allow you to observe how these little machines are moving around inside cells. there are little motors and other things that we want to learn about. that's one of the areas these experiments have been successful. >> warner and his fellow winners who celebrated today with champagne and media interviews will receive their prize in stockholm, sweden, on september 10th, the anniversary of founder alfred nobel's death. >>> we're fortunate to live in a location where we have so many smart people. wow. that's great. >>> let's turn things over to jeff ranieri, our very own smart meteorologist. >> thank you. i'll take that. we did get a little cooling for parts of the bay area. right now 80 degrees. the

>> this is in the founder's dna. >> silicon valley is accused of being too arrogant. do you think there's is too much arrogance? >> there is arrogance. it is our strength and our weakness. without it, there could not be innovation. >> what do you want to see? husband and father more than anything else. >> you must be the cooling -- the coolest dad. >> i care about doing something i've never done before. >> sebastian thrun, thank you for joining us on this edition of "studio 1.0." so great to have you here. >> this is taking stock for thursday, october 2, i'm pimm fox. the only place quiet in new york city is actually above it. my next guest considers it kind of their office space. skyhigh aerial photography. the images they capture are just mind blowing. they are used in films, commercials, other video and cinematic content. joining us is on-air pilot and chief operating officer tim

the new electric super car built in silicon valley. tonight, it is taking you for a ride. ity. >> just in the last few hours we learned some exclusive information about the attack at the foster farms chicken facility. four teenagers have been arrested now for using a golf club to slaughter nearly a thousand birds at the plant near fresno. joe vasquez is in fresno county tonight with the latest. joe? >> reporter: hey ken, i tell you what, what got these guys caught was the fact that the small town of cruthers is a small town and people talk and these young men said a little too much. it is still impossible to believe. four teenagers ages 15 to 18 are in jail for slaughters 920 chickens at the foster farms facility. the sheriff's department says they used at least two golf clubs, possibly more. 18-year-old gabriel quintero is in jail. the other three teenagers, 15, 17, and another 17-year-old are too young to publicly name but the boys are all related to each other. two are brothers, the other is a stepbrother. spokesman chris curtis said chatter on social media led detectiv

. >> but as len ramirez reports, another silicon valley company is developing an electric super car.>> reporter: for the last four years, america's newest car company has been hidden away behind the doors of this silicon valley garage. but it's out in the open now and about to blow some doors off. come inside the renovo coupe as we count down and blast off like a rocket. >> oh, wow! >> reporter: it's actually scary how quick it is. the coupe was built from the ground up for just one purpose, to be the world's fastest electric car. >> we think there's nothing on the planet today that in this particular segment that offers something as unique and as exclusive as what we offer in the renovo coupe. >> reporter: there's power and style under the hood but the coupe's battery packs and electric cables look like a gas engine built on the new version of the iconic 1960s shelby race car body but it's loaded with today's technology. >> 80 embedded microprocessors, high speed data network. >> reporter: it's the product of a partnership that could only happen in silicon valley. >> jason and i we

is obviously have such a long history in silicon valley.ve heard other venture capitalists sound the alarm about startups raising so much money so fast and mark devout thanven more vaporizing down the line. what are you thinking about where we are in the cycle? good startups raise money, and that is a good thing. i think spending too much money is the problem others have referred to. i get concerned when people use the money and start spending it and raising it is different than spending it. is a smallughtspot company that is very prudent in how it approaches this particular problem. in general, you're right, there is a concern there. >> recently sat down with the cofounders of google. do you see other entrepreneurs out there that can be the next larry or sergey "street smar? do you see those with that potential? do see silicon valley becoming a state of mind more than just a place wher. many more people are trying to be larry, jeff, or mark zuckerberg. -- the number of good entrepreneurs are going up. we will see more businesses created, m

the great thing about silicon valley is if you know people in silicon valley, they are incredibly helpful are not connected, how do you plug in? how do you get the leg up from getting plugged into the network? the three organizations we are funding are working on both sides of that, the pipeline and the access part. think if we really bear down on both sides of that, we can move the needle on this pretty fast. >> i want to talk about the next 5, 10 years in silicon valley and ask you a few future of questions. i want to start with television. i know you love watching television, and i work in television. what is the future of television? >> i think it was announced this morning, hbo announced you will now be able to subscribe to hbo without being a cable customer. [applause] i always maintain that people wanted that, and everybody in hollywood told me it would never happen, and now it is just obvious. if you're hbo, it is obvious you want to get all these customers. i think there is an incredibly -- think the media industry overall will grow a lot in the next 10 years. video will grow tre

so they don't have heated competition from the other silicon valley companies. they do need to innovate and invest more in mobile. they need to bring their customers to the next level. and we'll see if marissa can do that. >> you talked, bill, about -- i guess we're going to talk about that a little next. but to segue into that, you talked about risk a bit when you talked to the media a couple weeks ago. and i'm wondering, given this macroeconomic environment, given the movement that we've seen in the markets, do you see any shift in valuation in entrepreneur expectations out there in the valley? or are things still gung ho. >> well i a little bit. but i want to clarify one point. when i spoke a few weeks back i was talking about risk. and i didn't say a word about valuation. and i think people confuse the two things and suggested i was calling valuations too high. i don't see radically insane valuations. what i do see out here is an abundance of capital which has really been kind of a four year trend. and as you cram almost unnecessary levels of capital into th

the district is in the heart of silicon valley. one of three states in the country to use a blanket primary, a process that allows voters to choose which candidates advance to the general election without regard to party line. >> this is an nbc bay area new presentation. the 17th district congressional debate. >> this is the heart of innovation. >> incumbent congressman mike conduct. their one and only debate before the november 4 election. >> good evening, and thank you for being with us. welcome to the nbc bay area studios. this is a special mike. in a few minutes both men will take their places behind the podium. we believe this race transcends politics. the local race is getting national attention. many representatives. among the most dynamic in the country. here is what we are going to do. we're going to go over the ground rules and just a few minutes. let's begin with congressman honda. a familiar face in the region. making/taking an eight term. esther honda and his family were forced to live in a japanese internment camp dur

to be crazy innovative. >> silicon valley is accused of being too arrogant.o you think there's is too much arrogance? >> there is arrogance. there is arrogance with me. it is our strength and our weakness. without it, we could not be innovative. >> what do you want to be? >> to be a husband and father more than anything else. >> you must be the cooling -- the coolest dad. >> i care about doing something i've never done before. that is the drug in my life. and hopefully it advances humanity and brings people forward. >> sebastian thrun, thank you for joining us on this edition of "studio 1.0." so great to have you here. ♪ >> the following is a paid advertisement for the new face of time life, star vista entertainment. the brands you trust. now we are reaching for the stars. >> hollywood's biggest stars and comedians andiest the greatest talent of all time. >> that was wonderful

the crazy innovators. >> silicon valley is accused of being too arrogant.o you think there's is too much arrogance? >> there is arrogance. there is arrogance with me. it is our strength and our weakness. without it, we could not be innovative. >> what do you want to be? >> to be a husband and father more than anything else. >> you must be the coolest dad. >> i want to empower people. i care about doing something i've never done before. that is the drug in my life. i want to do it in a way that advances humanity and brings people forward. >> sebastian thrun, thank you for joining us on this edition of "studio 1.0." so great to have you here. ♪ >> from pier 3 in san francisco, welcome to "best of west," where we focus on technology and the future of business. i'm emily chang. every weekend we'll bring you the "best of west," the top interviews with the power players in global technology and media companies that are reshaping our world. to our lead. about a month after announcing new iphones, apple had a new announcement, including new ipads. besides that, app

silicon valley right now. he is going to hollywood. are these jack ma investments into lions gate or is this alibaba investments? they are investing in marketplaces, in western media, in platforms to help them start to gain market share without actually having to make the alibaba move. but really, they are gaining western know-how. they are getting in bed with western executives to get the u.s. market, to get the european market, get the western consumer and i think this is what i call a rolling thunder strategy. we will see me more of these investments over time until they actually get their feet wet through acquisitions and then potentially through a buildout of alibaba outside of china as well. >> all right, thanks so much for joining us today. we will continue to follow this meeting between tim cook and jack ma. tim cook also blasted his home state of alabama yesterday for slow progress on granting gay rights. what did his comments reveal about how the tech world treats the lgbt community. stay tuned for my interview with dip costs

a longd, you have history in silicon valley. venture capitalists have sounded the alarm about raising money so fast. you concerned about the environment? where is your take on where we are in this cycle? >> good startups raise money. that's a good thing. i think spending too much money is the problem others have referred to. i get concerned when people use the money and start spending it. raising it is different than spending it. smallk thoughtspot is a company that's very prudent in how it's approaching this particular problem. in general, there is a concern. >> you recently sat down with the cofounders of google. two entrepreneurs you've seen --wn-up in between your right before your eyes. i know there will never be another larry and sergei, but do you see other people who have that potential? racing see innovation ahead. i do see silicon valley becoming a state of mind more than just a place. there are many more people attempting to be larry and serg zuckerberg,os, mark the number of good entrepreneurs is going up and we will

the crazy innovators. >> silicon valley is accused of being too arrogant.you think there's is too much arrogance? >> there is arrogance. there is arrogance with me. it is our strength and our weakness. without it, we could not be innovative. >> what do you want to be? >> to be a husband and father more than anything else. >> you must be the coolest dad. >> i want to empower people. i care about doing something i've never done before. that is the drug in my life. i want to do it in a way that advances humanity and brings people forward. >> sebastian thrun, thank you for joining us on this edition of "studio 1.0." so great to have you here. ♪ >> this is "taking stock" for friday, october 3, 2014. i'm pimm fox. while the ebola virus is making headlines as cross the globe, another more widespread virus is causing concerns for health officials here in the united states. it is called enterovirus 68 and more than 500 people in 42 states have already been sickened. joining me from california is a doctor.

her bottom too got pumped with silicone, which can become hard and lumpy. >> i'm not going to lie.have a lump from the silicone, and i fell one time on my hip, and it swelled up, like really, really, really bad. it was like how you get a bruise on your body, but with there being something inside of you, like silicone, it can shift, it can move. >> free-floating silicone can infiltrate the body's soft tissue and, even worse, an allergic reaction to the injection itself is life-threatening. >> it's extremely dangerous. it's hazardous. and it can be fatal. you know, there have been issues where people have died from the silicone. >> but deasja has no real regrets. >> it's done, it's done. it's like the most you could do is get it taken out but then that's a risk too. >> i was dating this guy. i wasn't sure if he knew or not. >> we don't have a vagina. we have the same thing that they had. >> some people enjoy being developed but still being the same from the waist down, but i'm not one of those people. lik. it's our slow simmered vegetables and tender white meat chicken. apology accep

it comes from the heart of silicon valley.for a who is who in tech companies and minorities and women are not high on that list. apple has advanced the way we do nearly everything, and now the man running that company may have advanced the cause of equality. that is our show for today. i'm ali velshi. thank you for joining us. ♪ ♪ . >> hi, everyone, this is al jazeera america. after more than six weeks on the run, pennsylvania police have captured the man accused of ambushing and killing a state trooper. reenforcements start flowing into the embadled city as the pentagon against isil. tension is high after violence breaks out in one of the regions holiest sites. with just days left for hundred campaigns across the country, ten stat

. ♪ >> silicon valley. no, how about silicon alley in new york city.of downtown new york, jo with this. -- looking for to aa chat upn on venture capital in the next hour. good morningn,e wilson "bloomberg surveillance." let's get to our top headlines. >> we start overseas. deutsche bank swinging to a third-quarter loss. took a hit on legal expenses. is set aside $1.1 billion to settle investigations of past wrongdoing. yesterday, the bank said shank will succeed the cfo. in manhattan headquarters according to "the new york times." the 6.5 a dollar project called for two new skyscrapers to a common date the bank 16,000 employees. the plan ran into some roadblocks over necessities. investors are waiting to hear from the fed this afternoon. this policy makers are wrapping up a two-day meeting. janet and collateral in the bond buying program as planned. fed policy may also underscore the troubled i falling inflation . those are your top headlines this morning. >> inequality. it might as will be the word of the decade. it is all the rage. scream over the de

the winds of change three are blowing again in silicon valley. hewlett-packard will be two separate companies. one company hm incorporated will -- hp incorporated will focus on the personal computer and printing businesses. the other company hewlett- packard enterprise will focus on technology services like data storage. servers and software. current ceo meg whitman will keep that role with the enterprise company. >>> caltrain is copping its -- copying its competitor muni. they will raise the price of some tickets. a day pass will now run you 50 cents more. riders buying one way tickets can avoid it by using clipper cards instead of purchasing at the station ticket machines and caltrain is trending right now. also trending now, blake lively the actress and husband ryan reynolds are expecting their first child. twin peaks the tv drama will be returning as a limited series to show time and paul revere the leader of the 1960s rock band paul revere and the raiders died in idaho over the weekend. he was 76. remember you can follow us on twitter -- law

i mean, that is what silicon valley is all about.ain to do something new, if it's a good idea. >> is there any thinking, with these 30 little henry fords, that we've got to crush detroit? >> some. there was a company--it's pretty well known--tesla, for a long time believed that what would be their advantage is, they had no car people. no detroit people. "we're going to build a vehicle company exactly like we'd build a computer company. so it's--when you have your car repaired, it's going to be like going into your apple store. we'll give you a latte; you watch your car being repaired." these are real statements. so they've certainly found out you can't--you cannot build a car company without car people. >> there's sort of this feeling of--especially in silicon valley--that people in the automobile business aren't very smart. and then they get into it, and they find out, "holy mackerel. look at all this government regulation. look at what everything costs." and then once they're into it, they figure out, "hey, this isn't an easy busin

andll hai capitalisml silicon valley. it works the donations from china. it is great we have this radical -- the culture to give it away in moments of crisis. >> i have to say from reporting on his earlier in the fall and the people who work inside the government are terrified. they sadly agree with charles calomiris, we're in a place where we don't yet know the answers. we've not been here before. >> we will be right back with our guest hosts michael fertik and charles calomiris. is it another tech bubble or continued boom? ♪ >> good morning, "bloomberg surveillance." futures improved. not on the 17,000 watch yet, but there it is. we advanced. >> twitter once to find new members. the ceo tells bloomberg that top priority is adding users. the number of active members grew at a slower rate last quarter in the company's nadal scott bigger. shares are down as much as 12% in premarket. atk costolo will be on today 12:30 p.m. boosting its 2014 subscriber forecast. the number four u.s. wireless carrier added 1.4 million carriers -- users. costs, came at a cost.

. >> reporter: many of the displaced know exactly where to lay the blame, on silicon valley.hey say its tech workers are bidding up the housing market and changing the face of san francisco. >> san francisco is sold to them as a perk, an added benefit. you can come work in this college-like campus and get to live in this cool, hip city in this cultural neighborhood. >> reporter: founder of the anti-eviction mapping project. >> it is a class war. it is the replacement of much more dominant ruling class that happens to be in this city the tech industry. >> reporter: perhaps the greatest symbol of the intrusion of silicon valley, the shuttles. commonly known as google buses. they pick up employees from firms like twitter, yahoo and, yes, google, to carry them to their high-tech campuses miles away in the suburbs. protesters have blocked the buses and even broken windows and slashed tires. some of the activists advocate pretty drastic remedies. >> i consider myself an anticapitalist. i think a lot of people in the housing movement do. >> reporter: however it turns out, the battle