and that scares affordable housing advocates in silicon valley. >> i know they are.veryone is afraid because look at, we are living in the most challenging economic times in over a generation. >> reporter: so state senate president darrell steinberg came to silicon valley to put those advocates at ease, even though the solution won't come easy. they include finding a permanent source of funding to replace development funds. a tall order in a still floundering economy. she will let the experts worry about the economy while she plays her favorite melody, "a maiden's prayer." and that might be one what housing advocates need right now. the governor hasn't said when he'll drop the ax on redevelopment agencies. now steinberg, who was here for an affordable housing summit says one option is to give more power to the cities by allowing them to pass bond measures by majority vote and not 2/3. but that might also prove to be an uphill battle. live in san jose, i'm damian trujillo, nbc bay area news. >>> now a biotech breakthrough to tell you about tonight. as a silicon valley

>> in silicon valley they call that the product market fit. once you have traction, i think ryan was mentioning that, once you have a little bit of a core user group that's like really using the product, i think at that point you know that if you spend "x" dollars on marketing you can expect this much growth. that's the point at which you just like -- >> you as around entrepreneur -- >> you're nodding as well. >> i agree with that. >> a lot of people tell you a startup's life can be before product market fit and product market fit. us personally, we're just on the edge, hoping to flip on to the other side of the equation. at that point i think growth is what's most important. you have to aggressively go after that tune. >> the we learned something called product market fit. we'll takeui a qomck ciamerc l. a quick commercial. we'll be back in just a minute. >>> welcome back to "press:here." we're talking to three very successful young ceos about how to get a company off the ground. funding. obviously i want to keep it in the family as long as i

well russia's answer to silicon valley is ruling the cream of the high tech crop next artie's albert talks to a former boss of a computer chip giant intel about his role in driving the new technology hub on the outskirts of moscow. hello again to welcome to spotlight the in thing the show. i'm going out and today my guest in the studio is craig that. this innovation center created and promoted by president that video has gathered the best of the best and its management right here the living legend out intel corp craig barrett joins the skulk about project together with other scientists and businessmen he's looking into how to make the end of asian center an international success today the cochairman of the skulk about foundational counsel craig barrett is my guest on spotify. spoke about innovation centers the favorite child of the russian president dmitry medvedev has been promoting the modernization of the country's economic and scientific future and grew to create an analogue of the silicon valley although the project is still largely on paper investment programs and research gran

was one of the companies was one of the brands which gave name to the silicon valley. in the united states because because your work is one of the one of the businesses that really creates the whole business of the whole image of the silicon valley well do you think that there's skynet of technology. maybe there are some products that can make russia competitive worldwide what knowledge which brought so well the criteria to that skolkovo is really procrustean on or biotech or alternative energy i t. nuclear in space. i think there's opportunities in all of those i mean you have excellent scientists and engineers here in russia. the commercialization of their output of their research is what's co-composer all about so whether it's new materials new software cures for cancer all of these are possibilities it's really difficult of trying to say this is the product that's going to come out of the storage or. you know who. don't succeed if you look at silicon valley only ten percent or so of the ideas that get funded get into the marketplace so you can expect every idea to

silicon valley spelling. just get rid of important letters. so there's a lot of free tools in facebook and linkedin. these are all tools small businesses should be using as well. >> can you talk about professional media, mainstream media and strategies? we've got "new york times" putting up a pay wall, trends where people are having to reevaluate how they're making money. and the web is a frenemy. >> they're still struggling because we saw the initial reports of the traffic from "new york times" after the pay wall went down. i'm sure that's going to be some early rations. we'll have to see. when you look at any web page, you see that integration of social right on there. you see articles from ben, mashable, next to any traditional article or that tweets about that piece. so that's an opportunity for big media to aggravate their voices of the consumers and those that are reading because that's free content. the challenge, though, they haven't figured out is how do you monetize information when it distributes to the network? that's the big thing

when you have silicon valley leadership, the 350 ceos in silicon valley, that'sen a group you just want to ignore. >> given the sentiment you're starting to hear from democrats about, let's tax the rich, let's not do these cuts, how much flexibility are -- is the democratic party, the democratic rank and file going to give brown to allow him to have the flexibility to meet the demands of these two republicans? >> yeah, i mean, that is the question. flexibility particularly on the issue of pension reform. that's where brown is facing the most pressure from republicans. and he'll be facing it up there among the democrats who are going to fight that. any efforts to cut back pensions or givebacks, anything we saw brown get an awful lot of heat this week on the prison guards, 30,000 prison guard union in a deal, at least a proposal for a deal made there. so, it's -- he's really between a rock and a hard place on this. i think that's the drama going forward. how does he handle all these groups? >> i guess if there's anything coming out of this, that it doesn't really matter much if you're a m

more than ever entrepreneur from over seas planting roots in silicon valley in search of investors. philip is from ireland. >> we are here right now because the market is here. lots of consumer in the uts. lots of retail investigators work w.we think this is great place to look for funding and hopefully build a company here and have a team in both countr country. >>reporter: venture capitalist say start one a global plan are appealing. >> today we are really looking as investors for opportunities that aren't just local to the u.s. f.somebody is building a web site that serves one nation community that's actually less interesting to us. >>reporter: here's where start up can practice the money pitc pitch. international expo sponsored by plug and play tech center. half of the 34 start ups are from overseas. patrick from germany is looking for one and a half million dollars. >> we can go into the marketin marketing. work pumping more money to write yourself and what we are telling to did. american capitol doesn't guarantee all the jobs created here. start up catch match the pay benefit

silicon valley sells itself. companies choose to say here because of the weather, natural beauty and proximity to universities but lawmakers know that will only go so far. >> i formed a select committee on high technology to discuss the issues. we're going to look into those things. we need to stremline the regulation and be more accountable to our businesses as well. >> governor jerry brown is here as well. he got here a few minutes ago. he is not going to be giving a speech. he will have a conversation with the ceo whose say they need the government leadership now to get the government out of the way to create jobs. live in san jose, amy hollyfield, abc7 news. >> thanks very much. >>> if you think gas prices are high now, wait a while. some analysts now say prices could reach $6 a gallon by this summer. at the same time, the president is taking new steps to make sure illegal activity isn't causing the price spike. here is abc7's t.j. winnick. >> from motorcycles -- >> around 200 miles on ten bucks versus 200 mi

from private jets to personal security, silicon valley ceos received the most unique and expensive perks in the world. shareholders no longer have to be silent on the issue. the publics's say on pay is louder than ever. >> reporter: larry's $1.8 million for private security goes to oracle. >> so out of proportion. >> reporter: steve jobs only takes a $1 salary but apple reimbursed him $248 thou,000 jee gift in 2009. his shares of apple are worth about $1.8 billion. carol bard didn't have to pay the lawyer who negotiated her deal. the $110,000 bill went to yahoo! >> they should be paid well but not in excess of the millions where time are getting laid off. >> if they are profitable, then i think it's acceptable. >> reporter: agree or not, there's no denying the perks go way beyond cash. google can park two helicopters and six jets at nasa's move fit air field. critics say it is special treatment that allowed them to fly to ta heat ta and gavin newsom's wedding in montana. >> mark hurd hads had tax planning fees paid for. >> reporter: owen thomas has spent 15 years covering silicon valley'

it's eco friendly and it's created here in silicon valley. coming up, we'll show you how it works and what it's going to cost. >>> and shifting surgeries into high gear, how bay are doctors >>> an already hot silicon valley company hits a new milestone tonight. and you've been watching them get there the whole time. scott budman is here with the tech and entertainment news. scott? >> that's right. tech and entertainment go hand in hand at netflix. the latest numbers are blockbuster. the los gatos based movie screener, subscribers of more than 3 million people. netflix with a base of more than 20 million users, slightly larger than comcast. shares of netflix dropping, investors wondering how the company can keep growing so quickly. yau is growing. the buy a bay area country that makes a phone app that lets you and your friends chat about what you're watching on tv. the sony playstation network, if you're a user, i don't have to tell you it's still down for a fifth straight day since being hacked. the network which connects gamers who play on a

silicon valley sells itself. companies choose to say here because of the weather, natural beauty and proximity to universities but lawmakers know that will only go so far. >> i formed a select committee on high technology to discuss the issues. we're going to look into those things. we need to stremline the regulation and be more accountable to our businesses as well. >> governor jerry brown is here as well. he got here a few minutes ago. he is not going to be giving a speech. he will have a conversation with the ceo whose say they need the government leadership now to get the government out of the way to create jobs. live in san jose, amy hollyfield, abc7 news. >> thanks very much. >>> if you think gas prices are high now, wait a while. some analysts now say prices could reach $6 a gallon by this summer. at the same time, the president is taking new steps to make sure illegal activity isn't causing the price spike. here is abc7's t.j. winnick. >> from motorcycles -- >> around 200 miles on ten bucks versus 200 mi

that's the serious nod to silicon valley. here's a slightly less nod to silicon valley. this was tend. they took off their jackets. mark zuckerberg giving him the famous jacket. >> if you go to facebook you get a hoodie. >> we'll see jerry rice at knob hill. >> it was interesting because on the facebook site you saw mix red views about what people thought about the facebook experience with the president being there. lots of people complaining he didn't answer enough questions for the amount of people on facebook. >> the thing about a town hall meeting with a fairly supportive audience is it can turn into a campaign stop for barack obama instead of a chance to really get at those issues. either way you look at it, it was a campaign stop, i think, more than anything for him, and a campaign stop that we'll see a lot on both sides of the aisle coming here in silicon valley in the future. >> thanks very much, scott. full coverage tonight. >>> what would the visit be without protesters. coming up at 6:30, a look at protesters outside of facebook headquarters. the uninvited peo

the facebook headquarters so is this an attempt to get the young both or just the money from silicon valley then people across the country are celebrating religious holidays this week whether it be passover or easter but today we'll tell you about another group holding a convention atheists and we'll speak to one of them and find out why they think they're the most take group in america and believe it or not some people are ok with the idea of torture a recent poll unveils which demographic thinks that it's acceptable to torture the enemy we'll have details on the poll and more importantly we want to know why some of these people think of these cruel actions aren't cause for concern that's later on in the show but now let's move on to our top story. yesterday we reported to you the very sad news that tim hetherington a photojournalist and director of the academy award nominated documentary restrepo was killed in libya it's now been confirmed that award winning photojournalist chris hondros also lost his life when the men were hit by a mortar strike in the city of misrata since march fourth

kiet do shows us who is hiring in silicon valley. kiet. >> reporter: hello. there are a lot of people we talked to saying they haven't seen the job market like this since the dot-com boom in the early 2000s. at net optics in santa clara they are hiring engineers, marketing people and administrators. people say the view of the economy from the silicon valley looks good. >> reporter: the economy has added half a million jobs in the past two months. this person has one of them. >> this is something that i haven't seen for the last, you know, two years, something like that. >> reporter: people asking you for a job? >> yes. >> reporter: this is sis second day on the job as a senior software test engineer at net optics in santa clara. he said in the past two months head hunters have flooded his inbox with job offers. >> that's exciting. i call it pretty much what i call it like a job -- a dream come true. >> reporter: it's part of the trend of explosive job growth in the past two months. unemployment is at a two-year low of 8.8%. in february, silicon valley added 4

>> the robbery stunned silicone valley.ne and half million flash density were made by inteleand supposed to end up in google. uny gen was intalled of inserting the computer boards when a grob group of armed robbers came in. they were bound against their will and they were kept there. >> local task force agencies worked with the f.b.i. and homeland security to track the chips and arrest five men. four from san jose and one from union city. they are not saying much about the suspects or the backgrounds because they hope to make more arrest. the dea said in silicon valley computer chips are a profitable target. >> they could have gotten 10-15 thousand tops. >> the district attorney said the collaboration was critical in cracking the case . itate funding cuts threaten to dismantel it by june. >> thank you. >>> and changing gears. a burst of winter-like weather hit the bay area . they sent in this video of hail and that cute the boy in freemont . in the sierra. it piled up on what is already a record snow season. spencer has the

the silicon valley reports that the 150 companies on the list of the big public firms in the silicon valley had their most profitable year in history last year and their combined stock level hit a record in a decade. >>> an officer named alper helped catch a carjacker today. officer alpert has digital eyes. i'm tom vacar, that story is still ahead. >>> san jose is ranked as one of the safest cities. but it's experiencing a spike in the homicide rate. we'll tell you what police make of it. >>> a carjacking suspect held police at bay today for hours before finally surrendering. the stand off began in the parking lot of the budget inn on foothill boulevard. the driver of the car ran into the hotel and bare ridded himself in a room with a female friend. >> one of our patrol units and the hayward police officer spoke with him on the telephone. he told us he just wanted to talk to his mother first. he called his mother and then came out almost three hours later. >> no one was hurt. and the suspect's friend was not arrested. police learned the suspect was driving a stolen car, thanks to a hi

. >>> well, just hours from now, some of the most influential business leaders in silicon valley will offer critical information for hundreds of thousands looking for jobs. they will be sitting down with some of the biggest names in local and state politics. abc7's amy hollyfield is live in san jose. the leaders will be armed with a new survey that could be an eye-opener. >> they are not pleased with the government an they will confront top public officials at the ibm research facility in san jose. three-fourths of the ceos in silicon valley who were surveyed gave legislature a negative performance rating. three-fourths. that is the most in the survey's eight-year history. they're unhappy with the state budget gridlock and the cost of the government. in the survey more than half of the ceos said they expect to hire more people this year. but they think we would see even more job growth if the government would quit creating problems. governor jerry brown will be at today's business climate summit and facing the ceos from big companies such as sun power and applied materials. the mayor

one of the headlines from tomorrow print edition of the silicon valley business journal.ration robotic has received fda approval for the hair transplant system. this comes after 6 months of trials. dickies sporting goods is interest entered san jose. nationwide chain known for commercial featuring athlete such as hunter and griffey junior. looking at space at the ranch shopping center and san jose company that makes led bulb that give off a warm light is about to get big. switch lighting bulb could be in big box stores by next year. more on those stories and more as well in tomorrow edition of the silicon valley business journa journal. >> right now time for superiors and some hockey. >> great game tonight. >> warm glow emanating from the sharks. they went back to their man. l game 4 and it paid off. man they call nemo. 35 saves. sharks overwhelm la. paid off. man they call nemo. 35 saves. sharks overwhelm la. >> good evening. after the come back of the century, what could the sharks do for app encore tonight. they took a strangle hold on the series with the kings. no ove

. >>> and silicone valley ceos and their incredible perks. an in-depth look at what top executives want and what big companies will pay above and beyond the paycheck. >>> a tarmac collision like none other. what went wrong, and what happened to the people on that smal r jet. >>> good evening. plenty of 60s out there and sunshine. 64 in san jose, 60 in san sm francisco. dropping eraturesinroppg right now with a lot of low 40s in the north bay. details on how >>> this video just in tonight. a near disaster at jfk airport. watch carefully. the biggest commercial passenger jet in the world bumps that smaller jet right there. the air france plane was taxiing on the runway, leaving for paris, when it clipped the tail of that much smaller jet. the smaller plane got whipped around. remarkably, the 62 passengers on that smaller plane were not hurt. >>> the body count appears to be rising in the case of a craigslist killer, the serial killer, or simply a dumping ground for other homicide victims? it's a stretch of beach on long island. and after today'

from silicon valley.ou're only five minutes from los gatos. >> reporter: with the main home set on 50 acres, you can grow your own grapes. and the outdoor thrive inside. >> nobody really knows you're up here, which a lot of people like. and truly it's paradise with the views and the setting. >> reporter: $25 million will guarantee your keys to this resort home. shifting into san francisco, history lives here. >> welcome to 2901 broadway. this is the highest point on the gold coast. it's all original. >> reporter: shipping tycoon milton ray built this home on land purchased from herbert hoover. >> seven bedrooms, seven 1/2 baths altogether. about 10,000 square feet. have views of the golden gate, sausalito, belvedere, angel island, alcatraz. buying this house would be buying a slice of history of san francisco. >> reporter: a big slice, at $45 million. from history to high-tech, it's all here for the right price. vicky nguyen, nbc bay area news. >> ah, for the right price. the agreement on the national bud

to the silicon valley business journal. del will open a huge campus in saint clare this year. staffed with mix of transfer worker and new employees del currently has 300 job option. the city of santa cruz spending more than 1.4 million dollars on new road signs. officials say the current ones confuse visitors. >> and uc santa cruz hopes to cash in with a new academic program and start up lap. university wants to generate more licenses research revenue. something that provides try million dollars a year to both uc sf and ucla. more on the headlines in tomorrow's print edition of the silicon valley business journal. >> nfl season still in limbo would but the draft went ahead as plan. >> business goes on. larry is here tonight. day one of the draft. niners could have taken the quarterback of the future. bolster the defense. we hear the quarterback of the future. bolster the defense. we hear from the newest. sports next sz. >> good evening. 49 ers neat a quarterback there was blaine already waiting when they made the draft pick

of employee recruitment and retention, business taxes and the state budget crisis could hurt silicon valley'shile google may be grabbing the headlines with its goal to hire 3,000 people, it's companies like triquent and vantage that are making a difference here in the valley by hiring only 10, 20 or maybe 100 people. in san jose, david louie, abc 7 news. >> the power outlook for this summer is pretty good according to california's grid gurus. last week, they showed off their more scientific and efficient system for sending electricity around the state to places that need it most at the moment. abc 7's nannette miranda takes us inside. >> the california independent system operator manages 80% of the state's power grid. it's their job to keep the lights on for 30 million residents. and avoid a repeat of those famous rolling blackouts 10 years ago. the chances of that happening are next to nothing this year. >> we look good for the summer so we don't expect any problems. in fact, our analysis shows 1% or less chance of any kind of load blackouts. >> cal lights expects a mild summer and thanks to

and to silicon valley, the ride here on westbound 237 looks great. you can see our one live traffic sensor there showing speeds around 67 miles per hour. a check of mass transit coming up. in the meantime back to you. >> elizabeth, thank very much. 5:09. violence in libya hitting close to home, how colleagues are remembering two journalists killed in the war zone. >> luxury living on treasure island. a major development in the works and the problem that could be caused for commuters. >> the ground moving under their homes. why east bay homeowners are

fancy cars, private chefs, all of it part of a day's work for silicon valley ceos, we take you to the corner office for the real scoop on the perks of the job for many bay area power players. >>> and they're loving it -- a major fast food chain serving up thousands of new jobs. >>> looking live at hp pavilion. you can see a bit of the gray shrouding san francisco this morning and shrouding parts of the south bay. rob >>> take a live look at our live camera there, chrissy field this morning, if you can see through the clouds, you can see that folks are wandering around, trying to get a little exercise, maybe playing a little bumper cars this morning. be careful if you're headed out there, the fog is very heavy in san francisco. from private jets to personal chefs and personal security, silicon valley executives get a lot of perks and some of them are quite unique. but now shareholders are now silent on the issue. they're talking about it and today in the bay's vicky nguyen takes a look at some perks. >> reporter: not only was he last year's third-highest paid ceo at $70 my, but larry e

that's the latest from here in silicon valley.k to you guys. >> thank you, matt bigler with kcbs radio. >>> a chilly start to your day today but it's going to be a beautiful day. plenty of sunshine. we are going to take live look outside from our roof cam. the sun is already risen and you can see some cloud cover over into the east bay. they will burn off quickly and we are goes to see mostly sunny skies. enjoy it because we'll have a change in store on wednesday. here's your conditions as you make your way out the door today. still cool inland. a reading of 36 degrees up into the north bay. those clouds are going to burn off. we'll see some fog though hugging the coastline into the afternoon. but for the rest of the bay area, our inland spots and on those bay shores, we are going to enjoy plenty of sunshine, breezy, similar to today's temperatures. the big difference from yesterday is that we are pretty much in the clear. the system that we had yesterday has pushed through. we have another system that's sitting in the pacific. an

you know, the last time he was here, he held a very exclusive dinner with those silicon valley billionaires down in woodside. well, this time he is doing some of that, too, we understand but he is also doing things a little differently. he's taking his message out to the public. i know we have some video of facebook. that's right, he is going to facebook this time. he is going to be holding a town hall style meeting all broadcast live over the internet over facebook from their palo alto headquarters. mark zuckerberg will be the moderator of the public webcast and the questions are preselected from facebook users and we just checked this morning and so far 31,000 people, more than 31,000, have already rsvp'ed. so the president will talk about the economy, the deficit

he will also meet with some silicon valley big wigs. if you want to be there, it will cost you about $35,000 per person. it's at the san francisco home of the sales force founder. mr. obama is scheduled to arrive on wednesday and you might remember he was just here in february, meeting with silicon valley's heavy hitters including the ceos of google, facebook and apple. his plan for reducing the deficit. palo alto's facebook is hosting that event. he will also make a trip to reno for another town hall meeting today. much more ahead on "today in the bay," it is a tasty south bay tradition that keeps the crowds coming for more. they're celebrating e ining 75 business. and a live look at the embarcadero, you can see folks are out there getting some exercise this morning. it is a mild start to the >>> as you're changing out of your jammies this morning t sharks continue their playoffs against the l.a. kings tonight, they are up 1-0. since 1936, we have had at least three economic recessions and we don't need to tellou how bad things are tod

he's able to come here to silicon valley and say, thanks for creating so many jobs. so much of america's economic recovery is resting on the shoulders of silicon valley and the economy was topic one as president obama was at facebook today. >> a whole series of challenges starting with the worst recession we have had since the great depression. we're just now coming out of it. we have got all sorts of disruptions, technological disruptions taking place, most of which hold the promise of making our lives a lot bet, but also mane that there are a lot of adjustments that people have to make throughout the economy. >> reporter: president obama was given a hoodie by facebook ceo mark zuckerberg. he was asked what he would do if he had the chance differently since he was elected. he said he would have tried to make his health care plan a little easier to understand so it would not have taken so long to pass. back to you. >> scott, thank you. now in this town hall meeting, president obama answered only eight questions. one of them from facebook boss mark zuckerberg. how abo

>>> a bold step in silicone valley. the despite arrests, -- despite arrests, the case remains wide- open. >> complete bay area news coverage starts right now. this is bay area news at 7:00. >> good evening. it is wednesday, april 18. gasia is off tonight. i'm maureen naylor. >>> along with a guilty verdict jurors were unable to reach a verdict on three counts. after the verdict, bonds stood aside his attorney that had no comments. his attorney called it significant that the jury could not reach a decision. >> those were the accounts that had steroids and so forth. we have no verdict. instead we have a verdict which is -- which alleges that barry did some things about being a celebrity child. >> the judge asked the two sides to return to court next month. analysts say it is likely he will receive probation. >> david stevenson has been at the courthouse all afternoon afternoon. david? >> reporter: the verdict came today and the jury took four days of deliberation. the obstruction of justice conviction means the jury belie

the silicon leadership group that -- silicon valley leadership group surveyed ceos in silicon valley.hey expected to hire more employees this year. that is the good news. they think they can do even better, the legislator didn't get in their way. three-quarters give the legislature a negative performance rating. this is the worst in eight years of the survey. the cost of government and state budget gridlock are the chief complaint. today, they will gather at the business climate summit to discuss issues like this. governor jerry brown will be here. no doubt he will get an earful. mayors will be here and they will focus on strengthening california economy, budget, and business climate. it should be a lively discussion. live in san jose, amy hollyfield, abc7 news. >> thank you. >>> 5:30 now. san francisco planning commission voted last night to move forward with treasure island project. the "san francisco examiner" says it's to go before two board of supervisors committee next month. i would include 8,000 homes, apartments, business district, organic farm and parks. they say treasure is

they pepper the silicone valley landscape. affordable housing complexes that help people like quinn xing, to not worry about things like rent. this facility in pallo alto is for low income seniors they pay from $440 to $740 a month. >> enjoy life. so this, this enough. this is enough. one bedroom. >> reporter: the affordable housing movement is in trouble says kevin zueko of the housing trust. the governor wants to eliminate agencies to bridge the state's $27 billion budget gap. >> california faces a crisis that is real and unprecedented. >> reporter: redevelopment is the major source of funding for these projects. >> you take that away and projects such as this don't get built. >> we are not off a cliff. >> reporter: the state president came to a housing complex with encouragement. >> there is still hope for affordable housing. because the the legislature is committed to finding either a permanent source of funding for -- for affordable housing that can -- that can be generated annually. but finding the source won't be easy,

that's good news for silicon valley and unemployed people, but the higher its margins, its costs and that's a growing concern for google. back to you. >>> an airbag malfunction is prompting a major recall tonight. nearly 1.42 million ford f-150 trucks are being recalled. the recall covers trucks from the 2004 and 2006 model years. no crashes or injuries have been caused by the issue. in february ford recalled nearly 150,000 of the same trucks due to a faulty airbag as well. >>> a new report ranks california's business climate one of the worst in the nation. and here's a twist. the same report claims our good weather has helped the economy from completely flat-lining. the public policy institute of california claims despite california's poor business climate, the state's economic performance has remained fairly close to the national average. their explanation? california's good weather and high quality of life help attract business to the state. >> i think there really is luck in having great weather and making it a desirable place for many people and businesses. >> were they here a c

says in silicon valley computer chips are profitable target. >> they didn't choose to rob a bank where they could have gotten 10 or $15,000 tops. they went after computer chips which is where the value in our community is. >> reporter: the district attorney says a task force collaboration was critical in solving the case and now budget cuts threaten to dismantle react. >>> we heard for the first time from the giants fan about the dodgers stadium that left stowe in critical condition. the march 31 game progressed from intimidating to hostile. he said dodger fans were throwing things at them during the game and things only got worse afterward. he says he and stowe were walking through the parking lot when someone pushed them from behind and started throwing punches. >> we all kept walking. we were like okay, now, we need to get out of here, we need to avoid this confrontation and about five minutes later they came up from behind us and they caught us when we were all a little bit spread out and brian never saw it coming. he was unconscious before he even hit the ground. >> he does remain

in february, silicon valley added 4500 jobs.nd california had it biggest one month gain in 20 years. now in a worker friendly job market, they have 31 out of 40 positions still open. >> for us, it's hard to find employees, but we are offering all kinds of salaries and bonuses and a great place to work. >> we are looking for it. >> in san jose, the world's largest staffing agency, they have seen a sharp spike in companies looking to hire. >> i have been in this industry for 17 years and this is probably the most excited i've been in the past nine. >> with three dozen jobs to find, they say it's a good problem to have. economists say there are sectors that are still in recovery mode, like housing, construction, and manufacturing. but when google is saying that it's going to have its biggest hiring year ever and facebook saying it's going to grow by 50%, the mood down here is optimistic. in santa clara, cbs 5. >>> find yourself getting distracted by the wheel? the men and women who will make you pay, coming up. >>> today was the th

we caught up with the goog p executive during his visit to silicon valley. >> everyone went to tahrir square and other places in egypt. what happened was they realized they are all human beings despite their differences. >> reporter: he sat with us to talk about the revolution. he was captured for 12 days. they forced president hosni mubarak to resign. >> we wanted to send the right message that what you are doing is wrong. we wanted to send a message to the people, don't believe the propaganda. a free society is always better. >> reporter: he's still at work to change his country. you say you are willing to set aside your career at google to focus on egypt? >> i'm currently on a leave trying to help. i think we have a responsibility, every egyptian does. looking at egypt, they must give help to the government and to the people, mainly. >> reporter: he says there's a euphoria now. he says the fight for freedom is ongoing. >> reporter: what would you say to the people as far as what they can do. >> egypt can be the second silicon valley. there are lots of talents and passion. people fa

it could be a positive sign for the silicon valley real estate market which is still reeling from the dot com bust it features two open air atriums, under ground parking fitness center and bonus, a cal train station right across the street. >>> california lottery officials say the clock is ticking for one lucky win tore claim their prize an unclaimed lottery ticket was sold at a shell gas station, el camino real in san bruno 2 months ago worth almost $227,000 the winning ticket if you have a ticket sitting around, you might want to check it, matched 5 of 6 numbers, 15-22-23-48-55 only the mega number 31 kept it from being a multi million dollar prize lottery officials say winners have up to 6 months to claim their prize they would not release the specific date though that is one way winners are verified. boy you buy a ticket and don't check it against the winning numbers? >> a lot of people -- well, you know how much paper do you have you lose those things? a lot of people scrambleling. >> hopefully no body threw that away. >> it can happen. it can also happen we have a sunny afternoo

bases silicon valley technology energy moving north -- see silicon valley technology moving north and they think of > pier 7 d. walking through the evaluation process, we had the presentations here at the port commission on the 22nd. we had a panel interview for the proposal. the waterfront advisory group also madden. each developer gave them a presentation and took questions from the advisor group, which was an interesting conversation. after the developer presentation, they conferred and came up with a list of pros, cons, and issues, including the staff report. staff undertook financial and staff capacity reviews of each developer. for the panel we tried to draw people in that would know the port and the project and also could be objective. chamberlain is a retired real- estate developer. beezel pattel is a property developing manager for the transit -- transit authority. clinn woods is a mission bay resident that has been following these opportunities for a great while. jasper rubin, also on the planning front, this group asked hard questions and scored and ranked. here is the spor

>> which company from silicon valley will be getting the naming rights?onight, santa clara's mayor and the city council are expected to approve a plan to enter into a naming rights marketing agreement with the 49ers. now they hope money from naming rights will help fund construction of a stadium. mayor matthews says he has already been talking to some local ceos about the opportunities. so what have you come up? >> we are going to spend some of their money. we have the facebook forum. that was use, good. >> twitter stadium. like that. >> the google bowl. or apple arena, that comes from our producer. like that. they could all afford it. >> yeah. >> in a big way. >> hp, intel, some of the big companies like that. but i mean, look at monster. candlestick became monster. >> it's still pac bell to me i'm sorry from day one. but we move on. >>> there could be a decision today on whether twitter, speaking of, will get a tax break to keep its offices in san francisco. the board of supervisors is expected to consider a tax break for the microblogging company and o

now, if the biggest city in the silicone valley is any indicator, the economy seems to be looking up. to check for signs of spending in san jose, mike sugarman went to a place that tends to see more action when the money is flowing. mike? >> in san jose and surrounding areas and you've heard about apple. yesterday was intel with big profits. but what may be more telling for the county here is this active construction site behind me. that's a better indicator possibly of the street view in santa clara county. the building of an improved silicone valley economy might be seen here at this building site in north san jose. apartments and retail are going up, go ahead for an area that had been down. >> we are very busy. it's good to be that way. >> he runs a very busy san jose housing department. it is one indicator that the area which once was home for the silicone chips is back in the chips. planning expectations were up almost 50%. more building means more inspections. and permits for planned contradiction are up, too. also by almost 50%. >> we're actually on an incline upward which is g

he met with silicon valley ceos and discussed what they need to succeed. >> referree: the ice was brokenhen the governor was given biscuits for his dog. >> [ inaudible ]. >> referree: he was given beer which he joked would be helpful while working in sacramento. he sat on a panel at the eighth annual business summit. among business leaders' top concerns? >> the issues that are important in the board room are equally important in the living room. what are the top issues? housing that people can afford. a good transportation system, a quality k-12 and higher education system. >> referree: with the state facing a $26 billion short fall and cuts in education, companies worry as the future generation is being prepared. >> in order to turn out the engineers that my company need all of us hire different kinds of engineers, we have to have you know, basic math and science learned in the schools from the beginning. >> referree: positive news shows that two-thirds of silicon valley companies added jobs in the past year and more than half expect more growth this year. >> that is all business innova

it is take your kids to work day and in silicon valley, let's admit it, things can get geeky. this is lockheed martin hosting 1400 kids to learn about science, math and engineering. what can you say with parents who design space systems for a living? these are some smart kids. >> hello. i am sophia. i am reporting unstable chairs. >> speaking of smart kids, how about that? i could watch this all day. that is mary ann favro's daughter. she spent the day learning the ropes as a reporter. she is a natural. how about this, my own daughter anna, also on the mike and in the car. what can you say, a couple 6-year-olds destined for greatness. the future is pretty cute. right, guys? >> you've been here more than ten years at this station? >> yes. >> bring anna to work more often. our ratings will spike tremendously. >> can she fill in for me tomorrow? 6:00. >> take your daughters to work day. we love it. >>> it's impossible to put a price on mom, but with mother's day just right around the corner, a week from sunday, it's worth noting her economic value is rebounding as the recession e