silicon valley's foreign-born entrepreneurs are leaving the country. ravek vadwad tries to plug america's brain drain. plus, the secret formula for entrepreneurs. with reporters eric savitz of "forbes" and "usa today's" john soares. this week on "press: here." >>> good morning, everyone. i'm scott mcgrew. a neat little american success story for you. a young couple graduates from the university of wisconsin. they create an app for facebook, get millions of users, and start a company. just one problem. the problem is they were here on a student visa. anand and shika shapar were unable to get permanent residency in the united states. so the couple and their business went back to india, where the company operates today. >> we found 52% of the start-ups in silicon valley were founded by people like me. >> vavek vadwad has sounded the alarm on this brain drain. foreign-born entrepreneurs leaving he says subtracting jobs and tax revenue from our economy. the value of foreign-born entrepreneurs is well known in silicon valley. sun microsystems was started by

. >>> and silicon valley gets a dose of reality. >> you couldn't script this in a million years, thes and the pain and the experience we went through on the camera was so -- real. >> we're taking you behind the scenes of the reality show following the drama in the tech industry and why some in the silicon valley are not happy. >>> and up next, you expect your insurance company to pay, what happens when it doesn't? our investigative team finds a loophole you may not be aware of. >>> and in the bay area, warmer trend returns as we head into the upcoming weekend, also 80s, and potential record. and don't forget the clocks, daylight savings time ends on sunday, so set the clocks back one hour start night. we'll have the seven-day forecast and the heat in just a few. >>> love thy neighbor, but when it comes to homeowner's insurance, maybe not. if there is a major claim between two neighbors and those two neighbors share the same insurance company you may be out of luck. investigative reporter vicky wynn has more. >> that is right, when their neighbor's tree fell on their home, they immedi

you look at the companies based in silicon valley. they have offices, you want to expand your business, think about those young people in colorado. everything -- stated say the same thing. that money would get spent over the country very rapidly. >> thank you. governor brown. >> it is a good idea to bring back that $1 trillion sitting out there. how to do that, it remains to be seen. but then that will require some other tax. that would be my big request like everybody else. get america's finances under control and that will take both parties. it will take taxes and it will take reduction in commitments that have been made. it now can be validated. let's get this but do it in a way that exacerbates the uncertain economy. the second -- we have to happen through innovation. whether it is the space program or tax credits for renewable energy. all that is important. we have to keep that going. that will get hard because we will face is demographics. that is my 74th birthday on april 7. i am aware of the and aging population which i have b

i want visas that let silicon valley flourish.he skills workers that they want and allow them to come and start companies. we hear from them every day how difficult it is for them. we're not trying to take away american jobs but trying to do what is right for silicon valley, what is good for america. if you look at my books i get attacks, death threats they call me anti-american. everything in the book all because i care about this country. >> gavin: in speaking of this country, other countries are now reconcileing their own immigration policies. in some sense we do more, and in some respects we do. but in germany, they have to be more competitive in i.t. and you're seeing it in canada australia, u.k. israel, places where you haven't seen that leadership including china understandably is now moving in a direction to be more accommodating. what do you see. >> they'll give you $40,000 to come. >> gavin: repeat that. chile will give you-- >> $40,000 for free to just come and start your company there. here we are in america. everybody

his district includes silicon valley, the birthplace of technology. mike has dedicated his life to public service and is lauded for his work on education, civil- rights national service, immigration, transportation, the environment, and high-tech issues. >> he is also the greatest karaoke sing their -- singer and all of congress. -- in all of congress. [applause] >> he just told me i had five minutes. what do you think of this program? [applause] it is about time. i want to thank francis and fong. i think this is the very first statewide heritage month held with the mayor of san francisco. let me say something about heritage month in san francisco and your mayor. in the old days, you remember san francisco was known for passing all of these anti- chinese ordinances to limit the movement, the productivity of chinese in the city. we know two things. change happens. maybe the state of california is the state of golden opportunities, where we have a chinese-american mayor of san francisco. 35 years ago, congress members passed similar resolutions in both

compelling car regardless of its power train, gas, electric, hydro general, whenever it may be. >> silicon valleyrs say it's good for the valley's business sfls from the charging station to the batteries technology and actual batteries themselves, a smart grid technology that's going to make sure we don't overwhelm our existing electrical system is all happening right now. >> starts at $57,000 but for many people browsing at in san jose, the main concern is how far the electric car can travel. >> it's a big, big change, though, to having a -- a -- a dedicated range you can't go beyond. >> now expect today ramp up production here at his plant, which will help because the customer wait for a new order is already nine months long. from fremont, robert honda ktvu channel 2 news. >>> after hours of waiting and braving very cold weather, huns of videogame lofrs finally have their copy of call of duty block ops 2. >> three, two, one, yeah. >> about 400 people were lined up in front of the game stop on market street in san francisco overnight where the videogame's midnight release. some were in line for

i want to say that silicon valley is the birthplace of high-tech. silicon valley is the birthplace of norm. five minutes? thank you very much. [applause] >> thank you, congressmen. we would have extended the five minutes if we got a karaoke's song. >> this event would have not been possible by the financial contributions of our sponsors. we want to thank chevron corp., wells fargo, mcdonald's, academy of arts university, at&t, southwest airlines. if you have not entered their raffled yet, do so later tonight. comcast, walmart, verizon, moon star restaurant. >> we go from the greatest karaoke's singer in the house of congress to the self-proclaimed worst karaoke singing in public office. i would like to introduce california state controller, serving his second term. he takes a hard-line and took immediate action to weed out waste, fraud, and abuse of public funds. and to amend the state's finances more transparent and accountable to the public -- and to make the state's finances more transparent and accountable to the public. [applause] >> i will spa

now, most of the silicon valley, the opposite was true.it was a smoldering wreckage, and so they hired some of the smartest, best engineers they could find during a time when they were so thankful to have a job. >> there was something else different about google, the company motto: do no evil. where did that come from, and what does it really mean? >> we tried to boil it down at some point to a code of conduct, so to speak, for google: well, how do we make all our decisions? for example, we don't mix our ads with our search results. we always label the advertising clearly down the side of the page. >> and that comes under "do no evil." >> that's right. there's no business relationship or anything that controls the search results. >> to this day, google has never run a tv commercial. their popularity has spread literally around the world by word of mouth as people everywhere search for everything under the sun. >> so let's do a search for "60 minutes," and these are web pages that contain the term "60 minutes." >> 19 million web pages found

from the tech museum of innovation in heart of silicone valley. i am scott budman. "tech now."

it's meant to be a floating silicon valley, sort of.s a boat for entrepreneurs from around the world who want to start companies in silicon valley but are currently unable to do so because of our antiquated visa system. even though it will be just half an hour from half-moon bay, california, which is half an hour from silicon valley, blue seed, the name of the project and the boat, will be in international waters, and so you wouldn't need an american visa to work on it. who knows if this will ever come to fruition. but what it does demonstrate is how frustrated american entrepreneurs are with our immigration system. the u.s. is projected to have 2.8 million job openings in science, engineering and math-related fields by 2018. nearly 800,000 of them will require a masters degree or higher. but only 550,000 american-born graduates will have the training to fill those jobs. now, we can't even talk about our legal immigration system because any reform has been held up by those who first insist we must solve the illegal immigration problem.

you have here a room full of silicon valley executives. what do you say to them to get them to expand or move to colorado? >> can governor brown leave the room for a minute? >> i am a great believer that luring companies from one state to the other does not help the country. i think it is a race to the bottom. as the governor would say. it is useful for us to be as relentlessly pro-business as we can. we're very focused on education and we want to be the no. 1 state for solving this riddle that this country has become from being the no. 1 public education nation to one in the bottom half. we know the things -- at risk kids are coming from difficult neighborhoods and often broken families, they need a longer school day. that is nothing new there. there's another way to do that without spending a bunch of money. you can get your teachers union to agree to stagger the school day. some teachers come in early and you have study hall, some come in later and you have sports after school. there is a bunch of ways to address education. great teache

as for your bloomberg silicon valley index, it closed lower, microsoft celebrating the release of theo video game franchise, sales get this, topped $220 million in the first day expected to break the $300 million mark bit end of the first week. it has generated $3 billion in revenue but will have competition starting tomorrow when black hawk two comes out.r- big money, big games. larry and carolyn, back to you. >> thank you. >> clear, crisp day out there. >> we're so spoiled there. >> if it's below 65 we say it's chilly out there. clear, check this out.fp beautiful skies right now. just about cloud-free looking from our high definition sutro camera. we'll have clouds passing north. at the moment, you can see it's cloud free from ouj to inland. and these are temperatures around or just above 60 degrees in most bay area locations. these are the forecast features. cool overnight condition was clouds gathering overnight. mainly north, warmer tuesday and wednesday.%p7çxqa up in the north bay, mainly mid to upper 60s, 68 in calistoga and napa. 67, santa rosa. east bay highs of 67 in oakland

silicon valley seems like a big place but if you have worked here long enough you know a surprisingly small number of people are behind nearly everything. reed hoffman is one of those people. if you could examine just about any silicon valley start-up with a micro scope you would find hoffman's fingerprints. he made millions when ebay bought paypal. then he founded the business social network linkedin and made millions more as he took that company public. he's reinvested his wealth in nearly 100 new companies like facebook and game maker zynga. now he's giving a million dollars to kiva, allowing any new user to lend $25 of hoffman's money to an entrepreneur in the developing world. wired magazine said if facebook's mark zuckerberg represents silicon valley's world conquering hubris, reed hoffman is the more modest, searching soul. joined by becky worley, let's start with kiva. it's your millions but i decide where a little portion of it goes. >> we want to make sure people knew this was a way to empower entrepreneurs around the world. the simple vehicle is to provide a large quantity

"startups, silicon valley" is the executive producer is mark zuckerberg's sister, randy zuckerberg. she appeared on the red carpet in san francisco last night for a premiere party. the show follows the lives of young entrepreneurs trying to make it big in the tech world. randy says, of course, her brother's experience in creating facebook inspired her to make it. >> life is about taking risks. my brother really inspired me to go do things that were out of his comfort zone, to kind of blaze his own trail. and, you know, i think a lot of the buzz around this show already shows that nothing that's safe is ever worth doing. >> "startups silicon valley" premiers on bravo tonight. they look alike. >> zuckerberg production. have to keep an eye on that >>> mike says it has been blowing up on twitter, good or bad? >> just a lot of talk. because it was red carpet, everybody is sending out pics, mostly from ran day and the partners involved in that show, see more buzz as it comes out. curious. here to 880, looking south again this time looking at the south bound side, the taillights, 98, repor

raid shuts down a silicon valley drug lab. the number of police saying the sis served search warrants at apartments on bush street in downtown mountain view. tips from neighbors let them to the apartment complex. officers found weapons and drugs. they found meth and heroin. and the lab for making a power drug called dimethyl tryptamine or dmt for short. >> snort it, inject it. it's a fast acting hallucinogen. >> police say this is the third dmt lab to be busted in california. three suspects were arrested and more are expected. officers say the dmt being processed could have sold for tens of thousands of dollars. >>> in new york today police are enforcing new rules designed to ease the gas line frustrations on the east coast. a if you fuel rationing plan -- a new fuel rationing plan lets people fill up every other day depending on the license plate numbers. cabs and delivery trucks are exempt. new york mayor michael bloomberg says the move is designed to ease the fuel crunch. shortages could last for weeks. >>> your cbs 5 viewe

employment help right out of silicon valley. ,, hmm, it says here that cheerios helps lower cholesterols part of a heart healthy diet. that's true. ...but you still have to go to the gym. ♪ the one and only, cheerios ...and now... you! [ giggles ] ♪ the one and only, cheerios facing vets returnin >>> veterans' day is tomorrow, so tonight, we look at one of the biggest problems facing vets returning from war. how to use their military skills in the civilian world. cbs 5 reporter sharon chin shows us a program you can call basic training 2.0. >> reporter: for iraq war veteran david norman, this is basic training like no other. the san jose state business student could be an entrepreneur by sunday night. >> it's really great to see that companies in the silicon valley supporting us through that. and being able to give us the tools that we need to succeed. >> reporter: the three day event going on this weekend at san francisco's adobe offices is a hack-a-thon hosted by vets in tech. they train veterans returning from iraq and afghanistan for technology jobs. tonight dozens of veterans learn

>> the president early on did -- and this shows the importance of silicon valley again, some town hall meetings at facebook, he did one at linkedin. he's done a couple of events. maybe that one at solyndra that he doesn't want to remember now. but the fact is that there were very, very few public events, in the bay area, it was all about money, particularly money from silicon valley. >> the old days, politicians would come, you could go to the -- >> that's all gone. that's over. >> belva: so, the access to these candidates, by the average voter, is -- has disappeared. >> the average voter needed a minimum of $100 to get into any of these things, certainly in the bay area. >> a lot in minority communities on each spectrum, if they are the donors, those hosts of th e these, or they are the common voters wanting to get access and not being able to do that. >> president obama having round table discussions $40,000 a head with the api community, he did one, he did a couple with the tech community. i mean, these became very specific events and josh is right. the old days of candidates having

if you talk to silicon valley guys they feel the most righteous and i think they should. if they love to criticize the wall street guys. it is one of their favorite activities. they see a very clear line. having said that as soon as they have the power to become a monopoly they try to be one. think about microsoft. we have to be a little bit careful about falling fully into the black sheep white sheep and usually the silicon valley guys and the middle class, this is why i am a sort of suspicious of an analysis that sees this purely as a rent seeking phenomena and not worried about the underlying economic forces, just today, facebook had an investor call, and they announced how many people they had employed at the end of the third quarter. think in your mind guess what the number is? 4,300. facebook employs 4,300 people. if you want to know what is happening to the middle-class, that single fact tells you a helluva lot. that is not because anybody is bad, is this economic force that is ripping through society. >> thank you. [applause] >> thank you for coming, we started la

analysts had several encounter was mcafee in silicon valley.poke by phone in washington, d.c.. >> he had been a strange person. no clue what his future life would be. >> people when know mcafee say he's increasingly erratic and violent. in this video he talked about his arrest in belize on charges of drug making and possessing unlicensed guns. he told wired he had nothing >> i thought it was someone searching for me. >> the very latest from wired is that mcafee altered his appearance and mcafee saying he's not going to turn himself in to police he says many people die in their custody. >> thank you. >> san francisco based travel company air b and b relies on a community of users and new services should expand the reach in the tourism industry. abc 7 news explains the impact of the growth on the city. it began four years ago. christina rents out a room to international visitors about 100 in the past two years. she showcases her place on air b and b. this tourism is being brought >> interesting. you've tried it. >> lots of people use it. >> inter

in this edition, we meet two silicon valley billionaires a generation apart who revolutionized the world of computing and the internet. facebook ceo mark zuckerberg and paul allen, microsoft's cofounder. we begin with mark zuckerberg and facebook. if you have a facebook account, you've probably reconnected with an old pal, shared photos with your family, and gotten advice from your friends on what to buy and what to read. but facebook has bigger plans. it wants to turn the entire web into one big social network. lesley stahl first talked with mark zuckerberg in 2008, and three years later, we sat down with mark again. he gave us a preview of his site's new profile page, a change that would affect the 500 million people who were then using facebook, an idea that zuckerberg had cooked up in his dorm room at harvard. >> when you first thought about this--19 years old--is this what you had in mind? did you see this far into the future, or is it way beyond what you dreamed? >> well, it's funny. i mean, when i was getting started, you know, with my roommates in college, you never think that yo

he becomes a kind of fixture in silicon valley. he joins the board of hewlett-packard, he joins the board of ebay and now he's also on the board and a major mentor to mark zuckerberg and facebook. so he is -- and now he's created this venture capital firm that, unlike some other venture capital firms, actually rolls up its sleeves and get involved in helping the c.e.o.s, the founders manage their companies. so he's a big figure. >> rose: so here is a conference in which i moderated in which the two guests were sheryl sandberg and marc andreessen. take a look at this and when we come back ken and i will look at some of the things they said. >> rose: i want to begin with marc and have him sort of lay the ground work in terms of where advertising meets social media. >> sure. so the big thing i think that's happening in the industry, we're 35 years years into the president clinton, 20 years into the internet, five years into the smart phone and for the first time we're now over two billion people on the internet. we have a billion smar

get up we thought long and hard where we wanted green star located and we knew we wanted it in silicon valleywanted to know where they were going to and we believe san francisco is on the way to being the heart and hub of silicon valley and where the heart and the leadership is and we will exciting where it's going and please welcome mayor ed lee. >> thank you mitch. thank you so much. you know innovation is infectious. it's as infectious as giants fever. how about that? so let me tell you i have been excited ever since i came here and cut the ribbon with mitch a year ago and want to the get back here and see how everything was progressing and guess what? just over a year and a half ago when we first started here and when i started as mayor san francisco unemployment rate was 9.6% and last week six-point 9%. what a flip and a lot of it has to do with all the job creation you're doing right here and i want to congratulate you green start and all the companies starting out here. i like to be next and involved with all of the innovation going on. that is really infectious and i really like that

meanwhile, they are destroying silicon valley. america's greatest asset., the source of all our technology and it is our potential for everth, and we are circling it over with a cast of green goo. everyone in silicon valley is now angling for green subsidy. and it is a tragedy. the money lou: that is compounded by the fact that the money that has been spent, by this administration, if you will, he rf seeking government subsidiese >> he now wants us to supportco him rather than other companies. u: joh >> john is being adapted to new realities. the primary source of the capital, i suppose. i want to turn to this book. the israel tests, would you taki up the issue of the role ofance of i civilizationsr and the importane of israel within it is a capitalist as well as that of jewish faith. that isra you really believe that israel >> that strong and important. the fulcrum and the world's future? >> i certainly do. the american economy is heavily dependent upon israel today. partly because of the debauchery of silicon valley. now, israel

you look at the companies based in silicon valley. they have offices,

so when you look at something like silicon valley is a great-- where amazon is in seattle but silicon valley is kind of the heart of the internet tech. >> rose: i think of them often as one, silicon valley and seattle. >> you look at silicon valley and it's a place where entrepreneurs are celebrated. where somebody with a good idea can quickly raise money and get started. you go to a lot of other places in the world and the idea of celebrating the entrepreneur, celebrating the individual with an idea, that kind of, you know, the two kids in the garage or the-- or in their dorm room, this is one of the best places in the world for that and that's a cultural thing that is very persistent. >> that is why they all beat a path to silicon valley when they come to america. >> if you are worried about the issue that you brought up, there's a very simple solution which is we do something which from a policy point of view in this country is clearly in my opinion malpractice, which is that we recruit these most talented students. >> to go to our universities. >> to come to our universities. and

silicon valley gets its own reality show tonight. why it will give an unusual look at the tech world and why some critics say they don't like it. >>> and don't forget you can wake up with us ktvu every morning get the mornings top stories that developed while you were sleeping sent straight to your cell phone every weekday morning at 6:00 a.m.. you can get your ktvu morning wake up call by texting the world wakeup to 70123. you disgust me. prove it. enough is enough. d-con no view, no touch trap snaps to kill instantly. no looking, no touching. d-con. get out. i wish i had u-verse when i was your age. in my day, we didn't have these fancy wireless receivers. blah, blah, blah. if i had a sleepover, i couldn't just move the tv into the playroom. no, we had to watch movies in the den because that's where the tv outlet was. and if dad was snoring on the couch, we muscled through it. is she for real? your generation has it made. [ male announcer ] the wireless receiver. only from at&t u-verse. get a free wireless receiver with a qualifyin

the same way there is no one authentic silicon valley voice who think it is fair to say there is one you have a wide range, wide spectrum of people talking about different things. >> i'm not trying to argue the valley is one or the other but trying to gauge the trajectory or how it is shifting over time. you take mark andriesen who is a leader in the field, a thought leader, a leader when it comes to century vur chventure capita. i wonder if you think it's bleeding into the culture. >> you know, i think people -- definitely there is more discussion on both sides of the fence than i have seen in previous years. the interesting thing about the valley is even though it's an economic hub for the country, people here aren't motivated by money first and foremost. people are motivate bid a passion to build. when you come here it's risky. there is a big failure chance. this is not a town for people where money is the first concern. i think that's a little bit less of the issue on the docket today. >> you know, we talk so much about our two business executives waiting for the election to get o

. >>> plus is a one-time silicon valley giant ready to cash in its chips? we have business and tech headlines coming up. >>> and a surprising new development after sexual assault allegations involving the voice of elmo. we're back in a moment. >>> you may not want to play poker with nancy pelosi. the san francisco congressman is holding her cards close, not revealing whether she wants to remain the minority leader in the house. >> let's see, what time is it now? it's 2:00 on tuesday. i'll see you right here 10:00 tomorrow morning. while i love you all very dearly, i thought maybe i would talk to my own caucus before i shared that information with you. >> pelosi, as you know, won re-election in a landslide last tuesday. whether she will stay in her post has been a much-discussed topic on capitol hill since then. democrats made gains in the house but failed to seize control of the chamber. >>> so the election is over, so when will we feel the impact of the vote? on the state level democrats have a full two-thirds majority of both houses in the california legi

raid shuts down silicon valley drug labs.umber of police agencies served search warrants at apartments on bush street in downtown mountain view. tips from neighbors led them to the apartment complex. officers found weapons and drugs. there was meth and heroin and a lab for making a powerful that lose general called dimethyl tryptamine or dmt for short, a powerful hallucinogen. >> you can snort it, inject it and it's got -- it's a fast acting hallucinogen. >> police say this is the third dmt lab to be busted in california. three suspects were arrested and more are expected. officers say the dmt being processed could have sold for tens of thousands of dollars. >>> well, some new rules could mean shorter lines at gas stations in new york. police are at gas stations to enforce a new fuel rationing plan that lets people fill up their cars every other day depending on the last number on their license plates. new york mayor michael bloomberg says it's designed to ease the fuel crunch since shortages could last a couple more weeks. >

that is one of the things we see in silicon valley. is that that is if you're an entrepreneur in silicon valley and you haven't had at least one failed startup people look at you strangely. you're supposed to try and miss that means you're taking risks. investment capital model is found on the idea that 90% will be failures. it is 10% will be huge failures. it is one of the thing that governments have to be at. i talk a little bit about it in future perfect. you have to have a sense of experimentation and when you experiment, you get things wrong. and you go backwards or end up going down kind of, kind of false leads. and so you have to build up that kind of acceptance of failure as part of the process. >> host: in where good ideas come from, the natural history of innovation you have seven ways of innovating very quickly. you call them, adjacent possible, liquid networks, the slow hunch, serendipity, error, accept taigs and platforms. if we look at last two. a what is except taitiony. >> guest: thanks for not making me remember all of

how does this affect silicon valley?> an established business like mine, we'll simply hunker down, won't hire as much. won't do as many r & d projects. we'll survive. we've got money in the back. who will get hurt are the start-ups that will never come to exist. right now, my money, i'm a top 1% guy. i'm proud of that. my money's invested in start-ups here in silicon valley through various venture funds and through direct investment and through my board positions, i'm nurturing new start-ups to follow on after my company in silicon valley. the companies here that are going to get hurt are the company that is won't be able to get money because the money's going to get spent in washington. >> we're going to have to leave it there. never give up hope that somehow people will come back to their free market senses and grow this thing -- >> the one hope -- >> sorry. we're out of time. thank you so much. folks, government spending is still going wild. washington is supposed to be making spending cuts. a new report reveals huge

in hypercompetitive silicon valley, he's a hot commodity.s locked in at evernote, a growing software company with an amazing advantage. if you work here, they'll improve your commute guaranteed. >> my commute is about 40 miles. >> reporter: it used to take steve an hour and a half to get to work, now less than half that, thanks to the electric vehicle he drives, and his company that picked up the monthly check. >> if i can come to work and have a short commute it allows me to be more refreshed when i come to work rather than sitting in a car for two hours in each direction and that's made a huge difference. my quality of life and the atmosphere at work. >> reporter: evernote has a fleet of volts and chargers in its parking lot. if employees go electric, the company will pay the monthly lease fees for three years. >> here in the bay area, the electric vehicles are really starting to get popular and it's kind of a hub for people to start think about more sustainable ways of travel and commuting. >> their output is completely dependent on their

. >> a new report finds silicone valley is at the top of the list for startups. the research grope named silicon valley first in categories including funding, repeat business and education levels. tel aviv came in second. >> it's been raining up north much of the day. it's raining hard. you talk to folks and find out there's light sprinkles here. light sprinkles there. in the north bay a consistent rainfall. live storm trackinger illustrates that. the front drapes itself over the north bay. san francisco at the north park. up by treasure island you have rain now. that's windshield wiper stuff. you see heavier rain. daly city you're getting significant or moderate rainfall. this is effectively putting a damper on that afternoon commute. we're in richmond right now. we have showers up in the richmond area as well. take a peek here. as we head to santa clara there have been reports of light drizzle. we haven't seen much in the way of heavy rainfall. this is going there. leaves it on the north bay. tonight it starts to move. not very fast. then it really starts to mo

really put silicon valley to the map. >> time is needed for the companies to grow, and enable them toso they can meet potential investors and partners to grow. small companies, the goal for them to grow, and move to the unite the states. john: you call it the blue system seed projectbusiness see. >> it is a name of a small coany before it grows into next google or a facebook. john: you call this the google flex of the sea. >> we're have silicon valley, we're familiar with the real googleplex, which is an environment where really, intelligence and creative people can work in a familiar circstances. john: -- fantastic circumstanc circumstances. >> great food, a nice environment, conducive to creak of new products and companies, we would like to replicate that model on our vessel. john: you came up with this idea after graduate school, because? >> when i was in graduate school, i got my mba, there were many people from a parts of the world who wanted to stay "hereafter" they graduated and work on their companies but they were unable to do so, told after you graduate you either get a job

first of all, this is the eighth annual silicon valley turkey trot.ll have time to register for the 5k and 10k. just to give you an idea of how much this race has grown over the eight years, this year they had to move the starting line to downtown san jose where there's a wider street and more space to handle the extra runners. in the eight years the turkey trot has gone from 1900 runners to around 25,000. that makes it one of the largest thanksgiving day races, second to one in detroit, and it's all for charity. the first year they raised around $132,000. this year it's around $700,000. add to that an additional $500,000 because of a last-minute large anonymous donation. so they're raising over $1.2 million this year. for runners, this has become a tradition here in the south bay. a way to offset this afternoon's impending weight gain. >> the average american consumes more than 4,000 calories in their thanksgiving meal alone. twice the recommended daily allowance. so this is a great excuse to maybe eat a little bit more later because you burned off a

. >>> some bay area commuters say they are sick and tired of silicon valley's special shuttle buses. >> how they're breaking the law and what city leaders say can be done about. >> if they're eating every three hours or so, that's 7 to 8 feedings a day. >> california's record breaking babies go home for the holidays. we'll catch up with these big triplets when we come back. ,,,,,,,,,,,,,,,, >>> she said it best, the a circus came to glendale california for the first time this weekend, and it made a big splash. >> thanks to that guy right there. unfortunately not for what happened under the big top. the 4-year-old camel escaped its handlers and made it to a nearby gas station. traffic did stop until she was safely back in the enclosure. >> can you imagine seeing that running down the street. not needed -- not native to glendale california. >>> this week the city will give the airport permission to fire guns to keep birds away from the airfield. they would fire blanks but could use bird shot if the birds do not leave. san jose has had 100 bird are strikes. >>> muny buses are feeling th

officials hope it will someday become the gateway to silicon valley. bob redell is there and has more. >> reporter: good morning. for years, union city has been taking land like this, developing land around here like industrial plots like this one here and turning it into that, what you're looking at right now, a brand-new community. in a few moments, the city will cut ribbon on this new neighborhood called station center. it provides over 150 apartments for low income families. this cool playground in the foreground for the kids and a computer lab inside among other things. if you look to your right, just steps away is the union city b.a.r.t. station. they've got a new plaza they just put in there with three statues created by a sculptor from france. those sculptures are situated on springs to help them survive a quake. by transforming this area around the union city b.a.r.t. station, the city of union city envisioned a day when this area will become a gateway to silicon valley. >> because in addition to making the entrance to b.a.r.t., it also allows