how do you expect silicon valley and washington to find common ground?nly there are areas of commonality. donald trump has expressed a strong anti-regulatory instinct. this is something that comports with their broad objections to onerous regulations. however, there are issues which there are very wide device between the president-elect and sort of the silicon valley writ large and post on the merge over you mentionednths encryption being one of them. the question of officemax is, whether or not the law force committee can access encrypted communication during the apple fbi controversy back in february actually suggested -- called for a boycott of apple products suggesting a very strong sort of anti-tech position so whether or not he will push more extreme versions of legislation certainly that is a possibility. there is also areas are not directly to technology policy but i do mention immigration -- we keep hearing this term .nnovation it about innovation. tow truck tends to be talking about job creation. silicon valley has viewed of hb one visas, attra

was an important meeting, both for president-elect trump and the silicon valley executives. both need each other. president trump and the administration will have a very significantmeeting, both for president-elect trump and the on the valley influence business prospects of corporations and the high-tech industry, and the high-tech industry accounts for a large share of economic growth in the united states. this economy needs to grow much more rapidly in the years to corporations and the high-tech calm. -- come. this: let's talk about gap between silicon valley and washington and how you expect this to play out. you've said that the trump gap administration isn't going to do anything that would be financially disastrous that might threaten some of the social sensibilities of the folks in silicon valley, and when it comes to net neutrality, for example, this is a policy that could dramatically impact their businesses, right? >> no, actually i don't think it would. i think it's in the interest of silicon valley companies to have why would call symmetric regulation, what we've

am i as a silicon valley engineer teaching them how silicon valley works or are they teaching me and i need to understand how a chinese company works? >> i would say both. it's a blend of cultures and some things that are really fantastic about how it happens at what i guess you could call a chinese company and some things about a silicon valley company. i don't know of an typical silicon valley company, but in terms of getting engineers, just as an example, people get excited about the growth prospect of it. leeco is basically a well funded start-up. it's got a parent company going through a lot of stuff, but we have amazing goals. i don't know of any other start-up that's landed in the united states and a year later is seeing a huge deal with somebody like at&t and directv, so it's a great opportunity. people get really excited about it. people are leaving companies that are well established because they want that excitement, that growth, that scale. that's what excited me about it. i like doing products at a global scale. that's why i was at a company like qualcomm. leeco is givin

he has tried to copy silicon valley culture here in moscow. two instant messaging networks, a search engine, a price comparison website, and a time of online games. they also control the three largest russian social networking sites. the biggest one is vk, a facebook knockoff. the company took over in 2014 after its founder refused to reveal information about ukrainian activists to the kremlin. he left the company and now lives in self-imposed exile. to be treated as one of the world's biggest investors in robotics. he put $100 million into american firms that produce some submit -- familiar faces. what has been the biggest hits of all your robotic companies? >> i like all my investments. definitely, i like bb-8 a lot. ashlee: he ships all kind of nerd gear to moscow. out and sees if he wants to invest. with the play of the game? >> these are cute robots. that's good for you. as someone who puts all his money into robots. get a taste of the highlights of a tech oligarch, we had for a bite to eat at this restaurant in europe. 354 meters above t

there are a lot of things going on that silicon valley has been out of touch with.mily: do you have any concerns about the future of silicon valley under donald trump? bill: i have concerns that are different from those. we were talking earlier. i learned that 62 people in the world control as much wealth as the poorest 4 billion. that is stunning. they could fit in this room and i probably know half of them. that is down from almost 400 people six years ago. i think there are real problems to talk about that are different whether than silicon valley will get along with the president. emily: you are a close friend with peter thiel, who was the lone silicon valley trump supporter. how do you feel about his views having a great influence on the president? bill: peter is a friend. he called it. he said the election would go this way and he said for a couple of years that people were unhappy and pessimistic and i think we have a new president who was elected fair and square. as an american, i think we should all want him to be successful. i have great respect for peter.

this is silicon valley. well, that didn't happen. but in modern russia, it's easy to get confused. with an extra helping of spy craft, technology here developed a world apart from silicon valley, and that did not change when the soviet union collapsed. [cheering] ashlee: 25 years later, russia has copied large parts of the web the rest of us know and love. they built a russian internet. and with new laws cooked up by the kremlin and rubberstamped in moscow, more and more it is a sovereign internet. like anything sovereign, it needs walls to protect it, and virtual walls are going up today. to find out exactly how the russian web works, there was only one thing to do. i had to upload myself. ♪ ashlee: now that i am inside, i will meet a tech oligarch and travel to siberia to dive into a surprising and very remote team, and chase the ever allude is -- ever elusive russian hacker. let's enter this parallel universe together on this episode of "hello world." ♪ ashlee: silicon valley may be home to some of the biggest tech giants in the world, but it is being challenged like never befor

i think right now silicon valley is reeling.hey were largely in favor of hillary clinton and doesn't know where to go right now. if you look at the cabinet picks for trump so far, haven't seen a lot of people from the tech industry. mostly from banks and financing. hopefully that changes. >> this is one of our most world-leading industries and you had trump as a candidate take shots at individual companies, he's going to crack down on apple, going to go after amazon, because of jeff bezos owning the "washington post," there's definitely risk to that. hopefully it doesn't happen. hopefully it's just rhetoric. there's concern around that, concern around privacy. but ultimately, as an american, you've got to be incredibly proud of these companies. we should be encouraging it and we certainly should be encouraging silicon valley to not live in a bubble but recognize the social impact it's having, but these companies we should just cheer about them. >> yeah. we're going to see if those two sides can come together after this election'

and that is why he is reaching techo silicon valley and meetings.mportant because he needs to hear from those voices. fromw that when he heard someone he respected that waterboarding doesn't work, he changed his mind on waterboarding. and for a minute, he met with president obama, and he was tonding a very different when it came to obamacare. so it seems that he is easily by those he is listening to. and therefore, it is important here is surrounded by people with these views and people who will be influential in terms of how he runs the economy and also in terms of foreign policy. emily: the post came out today saying the spread of misinformation is probably the worst damage the media can do. do you think that facebook and twitter can do more to police fake or inaccurate news? everybody think should. we have a tremendous responsibility, all of us in the media. to challenge the spread of this information. president comes from elect donald trump tweaking that or whether people -- it comes from fake news promoted --the top by algorithms there is nothi

next year and how will the election affect silicon valley?atest pieces digs into this. it's entitled "forgive me, techies, but here are the seven reasons why silicon valley likes donald trump." kara swisher is the executive editor of recode. she joins us now on the cnbc news line. you admit in the piece you write it somewhat >> you do say that the transition team has been much more engaged with the tech community than in the past. how so? >> well, they just feel like they're getting communication -- better communications with them and that they're going back and forth much -- in a much easier way. i don't know if that's entirely true. i just think they're surprised they're getting any communication since they were so opposed to the trump campaign. so i think that they're getting any pleasant communications is a surprise to them. >> what do you think the first policy moves from companies will be? i mean, these tech companies are among the -- i would say most common offenders of the fact that they store, you know, multibillion dollar cash piles

immigrants built silicon valley. the question is can they stick with their values, alleged values and the same time cooperate with some things that might rub them the wrong way? we'll see if they have the guts to do that. >> i wonder if they're worried about twitter ceo, jack dorsey, he wasn't invited today because apparently trump's people were angry at dorsey, he allegedly rejected an ad with a custom emoji of his #crookedhillary. they were concerned about not being invited and what are your sources telling you about the story, is it true? >> i don't know if the story is exactly true. look, this is a group of people who have done things like this before. it could be true. they talked about there wasn't room at the table and twitter wasn't big which is kind of ridiculous. twitter is a gift from god to donald trump in this election and he's a tweet savant, like i've never seen anyone use twitter so effectively. so i think that's just -- i think there's probably a lot of bad blood between them, but i don't think they'

and we catch up with one of the most well-respected names in silicon valley.he joins us on trump's roadmap and energy policy. first to our lead. this week, president elect donald trump met with industry leaders that content work with vice president elect mike pence and senior adviser peter thiel sitting by his side. mr. trump: i am here to help you folks doing well. and you are doing well right now, and i'm very honored by the bounce. we are all talking about the balance. right now everybody likes me, at least a little bit. emily: apple's tim cook, facebook's sheryl sandberg, and jeff bezos were in attendance. for the tech giants this was a chance to attempt donald trump to avoid policies that may hurt their companies, policies pertaining to immigration, internet security, regulation on government investment. i had of the meeting, oracle co-ceo katz said "we are net exporters. over 60% of our sales are overseas. so better trade deals are very much in our interest." we caught up with james check mark, analyst, and our bloomberg tech reporter outside of trump to

emily: general mattis has a very interesting silicon valley connection.on the board of the very controversial blood testing company theranos. as far as we can tell, he is still on the board today. he would have to step down if he becomes secretary of defense. we also, as we understand it, try to get the military to use theranos technology, unsuccessfully. what do you make of this? david: i am sure general mattis had no idea that the tests did not work. i hope he learned that it is a good thing we have the fda to set the rules and apply scrutiny on what it is the company's will sell to the public. when we talk about cyber security, this is an area where we need those rules. we need those regulatory regulations, like the ftc and the fcc and sec and the cms for health care and the federal regulatory commission. these agencies are all trying to identify, promote, and enforce cyber standards among companies and among government agencies in order to make cyberspace safer for everybody. i am hoping general mattis will be -- will pay more attention to the value t

this will take silicon valley know-how. >> it's going to be either silicon valley types or, you know, computer engineers at the end of the day. it's going to be security experts that are well-versed in forensics, tracking down what happened, how it happened, and who did it. >> reporter: inside palo alto's vera security, they're already working to separate rumor from fact, where politics meet cyber security and on. >> not just hitting in d.c. or in some agency overseas, they are -- they have -- this is all based on technology, crip to go rave and things like that, things invented in places like silicon valley. >> reporter: a local and international investigation, both political and technical. >> coming up tonight at 6:00, why some silicon valley techies think history, recent history, points to the russians as being involved in all of this. jessica and janelle, we expect this story to be fornd around for quite some time. >>> in washington, d.c., crews are working on the platform where donald trump will take the oath of office next month. the inauguration, the parties and a parade throug

you said silicon valley is hostile to diversity. how has that not affected this blind admission that you do upfront? leslie: it is that in the intentionality everyone has. we have had conversations i have .ever had anywhere else we do not take things like where you went to school into consideration. university of miami, we do not care. this has been ingrained in silicon valley. we want you to work at these companies. we do not care about that. that is been a huge part. what has also been a huge part ,s once -- once you start early in an early development in your company, it makes it easier because you are not starting from way back. thousands of employees, they are so far behind. they have reputations. people walk in and they do not see anyone who looks like them. why would they want to work there? jonathan: because things are so woefully bad, and they really are, any of the top tech companies out here, it is really bad. you look at what is happening with the american education thatm and manufacturing, is what managed to change the

had you feel about him of being an donald trump's ear on silicon valley?peter is focused on innovation and capitalism, focused on less regulation, all of it jives with what the tech industry would like to see. i mostly agree on many of these issues. there are other issues where he has a different view, and i think that is true in any time there are more than two people with strong opinions. emily: i want to get your thoughts on some of the cabinet takes. >>. rick perry for department of energy, an agency you wanted to cut but could not remember the name of. who has bigllerson, ties to russia for secretary of state. what you make of these choices? well, they have previously spoken out against clean technology and climate change issues. that is a little worrisome. i was on a panel a couple of .ears ago with rex tillerson we had different views and the and as he said, he's willing to pay less of an insurance premium to manage that risk then i might be willing to. i think that's a great starting place for a dialogue, what is the level of risk, and what level o

the other big names all coming from silicon valley include apple ceo tim cook, facebook coo sheryl sandberg, and larry page, alphabet ceo. also hearing elon musk will be in attendance, as well, and this meeting is gaining lots of attention because the president-elect did have a bit of a rocky relationship with silicon valley on the campaign trail, trying to mend those ties. they want to talk about improvements to the job, economy, and hiring elsewhere. we know president-elect donald trump has tapped goldman sachs' number two larry kohn to be chief economic adviser and goldman sachs is planning to name david solomon and schwartz as co-replacements. guys, back to you for now. >> big day for the markets. nancy, thanks so much. >>> in the race for dnc chair, democracy for america has endorsed minnesota congressman keith ellison after receiving 87% of votes cast by members over a three-day period. the congressman has also been endorsed by several high profile democrats such as chuck schumer, elizabeth warren, and bernie sanders. at the same time, tom perez will reportedly enter the race for dnc

. >> silicon valley came out hard against trump during the campaign.etters were signed, statements were made. and i think there was within silicon valley, there seems to be a moral angst that these folks were going to meet with trump at his tower. some folks had said maybe they should have waited for him to become president rather than giving him this publicity op, waiting for him to become president and going to the white house and meeting with him there. and what i found interesting and i would love to get your guys take on this, there was this feeling that the tech leaders, apple, tim cook, cheryl sandberg of facebook should have come out and made the morality of silicon valley known to trump, stick up for immigration and sort of make it known to him that they don't agree with his stance. and it is sort of interesting that that it was just sort of -- to me it was interesting because it was like that marketing hype is so strong. that people really expected these companies, which are among the biggest in the country in terms of market cap, to somehow

trump hosted a technology summit in new york with silicon valley industry leaders, all but one of whom funneled millions of dollars to hillary clinton and fellow democrats. the president-elect, however, was not only conciliatory but offered the technology leaders his assistance. >> i'm here to help you folks do well. and you're doing well right now. i'm very honored by the bounce. anything we can do to help this go along, we're going to be there for you. you call my people. you call me. it makes no difference. we have no formal chain of command. >> you are. the gathering of who's who, larry page, apple's tim cook, amazon's jeff bezos. while the companies are undoubtedly happy to cut corporate taxes, many of them have taken issues with his proposals for balanced aequitabe trade, they are taking issue with immigration. i'll bring that up with ed rollins, andy evans. one of those who may well be asked to join the trump administration, 55 electors on russian interference in the election. and, yes, 54 of those 55 electors are bitter klinger democrats holding on to their destructive dreams o

one of the most well-respected names in silicon valley. joining us on our roadmap.eek, president elect donald trump met with industry leaders at trump tower with mike pence and peter thiel sitting by his side. >> i am here to help you folks doing well. and you are doing well right the we are honored by bounce. always talking about the balance. right now everybody likes me, at least a little bit. >> tim cook, sheryl sandberg, and jeff bezos were in attendance. for the tech giants this was a chance to attempt donald trump to avoid policies that may hurt their company is pertaining to immigration internet security, , regulation on government investment. oracle ceo said "we are net exporters. over 60% of our sales are overseas." better trade deals are very much in our interest. an analyst andth our bloomberg tech reporter outside of trump tower. >> they did not speak to reporters, the lobby was loaded with reporters. we did get a glimpse at the beginning of the meeting. trump tried to strike a .onciliatory tone he started the meeting by praising peter thiel as an innova

outsiders and i've yet to be serious trolling from the silicon valley insider.naudible] >> no, should i? i don't know if we should name them. bill who i mentioned in the book was positive on it. chris-- is here? i'm sure he's not here. week-- he was not so positive, but we were not on great terms. i sent him a copy of the book and i have not heard back. [inaudible] >> no, of course not. they would have never cleared any of this. it's funny and this will be a horrible gateway drug. it turns out they're kind of like insider trading or hate speech. we use those terms usually, but it doesn't actually cover much. it's literally like a document you pilfered. things like your personal politics or personal recollections are not covered by that i don't and if anything is known to the public, which doesn't mean anyone on the street knows it. it means in some way you announced in public including this data matching is not covered under that and if any company partner knows about it someone outside of the confidentiality very or has been told it's also not confidential, so

silicon valley has a special connection to donald trump.is very -- they were openly dismissing him during the presidential campaign, but now the community seems to want to bury the hatchet. the u.s. president-elect is meeting the great and the good in silicon valley. on the guest list, the likes of tim cook, the ceo of the world's most valuable company, apple. he is in the big apple to talk tech with trump tonight. the ceo of alphabet is there as well. larry page is in charge of google and they are joined by sheryl sandberg, the chief operating officer of facebook to see whatever firm gives the president the official thumbs-up. they are not the only ones. other top tech talent will be in attendance as well. so, that is quite a crowd assembled into tower. daniel winter thankfully is not fair. he is in the studio. he is our digital native, somewhat, the resident digital native. daniel, what is on the agenda at these talks tonight? daniel: just as we came on in, they were meeting at some tower and are trying to roll back the anti-trump rhetori

trump hosted a technology summit in new york with silicon valley industry leaders, all but one of whom funneled millions of dollars to hillary clinton and fellow democrats. the president-elect, however, was not only conciliatory but offered the technology leaders his assistance. >> i'm here to help you folks do well. and you're doing well right now. i'm very honored by the bounce. anything we can do to help this go along, we're going to be there for you. you call my people. you call me. it makes no difference. we have no formal chain of command. >> you are. the gathering of who's who, larry page, apple's tim cook, amazon's jeff bezos. while the companies are undoubtedly happy to cut corporate taxes, many of them have taken issues with his proposals for balanced aequitabe trade, they are taking issue with immigration. i'll bring that up with ed rollins, andy evans. one of those who may well be asked to join the trump administration, 55 electors on russian interference in the election. and, yes, 54 of those 55 electors are bitter klinger democrats holding on to their destructive dreams o

>> well, i think that the skills of the leadership in silicon valley are unique to the world. and there are some pragmatic things that could be considered. foxconn, who produces all of apple's products over in china and has actually said they are willing to come and invest in the united states. i think of apple were to reach out and say, look, we want you to figure out a way to build our products competitively in the united states, maybe not all the products because there are supply chain issues on components that are difficult to get in the u.s. but there are probably innovative things that could get figured out. i think the president-elect ought to reach out and say what can you do to help our country become great again. >> he yeah. it's a wonderful idea, if it isn't just all talk as the president puts it. you mentioned foxconn. to put it all in some context. over 700,000 jobs at its peak just for were apple products by foxconn. that number has been reduced through automation, technology. we're still talking a half million jobs. that is not inconsiderable and would milwaukee

it felt like at times all of silicon valley, or nearly all of silicon valley was against donald trumpith one of the exceptions being peter thiel, the former tech investors who organized this meeting in part. bezos said about trump's rhetoric that it was eroding democracy around the edges for the united states. and eventually donald trump fired off this tweet, just about a year ago taking aim at basis zogs and "the washington post" which he's the owner of saying, quote, in this tweet, "the washington post" loses money, a deduction and gives owner jeff bezos power to screw public on low taxation of amazon. big tax shelter. and bezos tweeted off after donald trump won that one a bit more conciliatory. it will be interesting to see it will be like the relationship with rick perry like you were describing, they seemed to have mended fences. >> hopefully no more twitter wars between mr. trump and the tech giants. at the top of the agenda, what will they be talking about? what type of policy issues will be discussed? >> without a doubt, jobs and the economy. interestingly, though, sources ar

emily: silicon valley leaders the top minds in science. billionaire with facebook investor next. concerns d me, the about the funding of science and under trump. this is bloomberg. ♪ emily: microsoft has completed its acquisition of linkedin after getting e.u. approval this week. to avoid a longer probe, microsoft promised not to tie to its windows office software. this promise removes any worry might use the rivals.squeeze out thers had urged linkedin to look closely at the deal. execs came for an award the field of sissics. scientists rs and nd a special prize was awarded o a team to people researching gravitational waves when black holes merge. power players by ike mark zuckerberg, theco founder of google and anne, 23 me and a russian billionaire. he was about which prize most excited about. prizes here special went to the collaboration of people for the discovery of gravitational waves. to us from black holes that collided a billion incredible d it's that we created technology to be able to detect this. prediction d the that was made by albert einstein 100 years ago. emily: y

fundamentally, you do not silicon valley is as screwed up. mike: we are writing a show about these characters. if we completely believed what or stupid, youd would not want to. in real like come -- in real to, i wouldd want like the characters and root for them. i like that part of the world, the startup part of it. >> this week on c-span in prime some democrats vying to leave the party including chair of the new hampshire democratic party, jamie harrison, south carolina democratic party, keith ellison from minnesota. we hit a 70 year low in voter tote -- voter turnout? in the last election, 20 years -- we have got a lot of rebuilding to do. >> tuesday night at 8:00, president barack obama and abe visit the harbor. is the first sitting japanese leader to visit the site of the attack in world war ii. , a review ofht house to senate hearings in 2016. topics including the flint michigan water crisis and the wells fargo unauthorized accounts canceled. out one of your divisions had created 2 million fake accounts, fired thousands of employees for

silicon valley, this particular meeting, silicon valley is an extraordinary place to do extraordinaryho have to do ordinary things. so i think this is a meeting of business interests, they're going to talk to trump and talk about tax deregulation and the cash and immigration which is very valuable to silicon valley. they need a lot of high skilled labor, not unlike the hb 1 visa holder melania trump. you wish when you see a meeting like this, you wish for something more. i'm holding out they will have something more. >> you're sort of saying this is an industry meeting the same as -- >> when the anti-piracy bill hit congress called sopa and pipa. shut down and redirected viewers and users to pages where they arctticulated the opposition an in ten minutes, it disappeared and was dead. >> they're not going in to say this is how we need you to run tech america. >> you're right. but a girl can wish, ali. so i am hoping, i am hoping that this is not sort of a hi guys, economic deal. let's talk about it. they start to. >> if they had to sit down at starbucks and met trump, say, we're going

what that mean us is that capital is flowing from silicon valley to subsaharan africa and you're able to build human capital in these countries that is going to be lasting and they'll be the founders of future companies. this is a case where i'm wildly opt mick cities. >> anybody else out there doing that right now? >> so, we -- yes. and it's the beginning of a larger trend, which you'll read about in the book. thank you. i'm going to answer the questions -- i've only got six or seven more minutes at the microphone here so i'm going to answer your questions quickly, so my apologies. >> my name is less lie and i think the mees important thing that is going to -- the most important thing that's going to change our world is business structure. we own data, the supported of the donor could going rewards, inventives, investment, entrepreneurship, accumulation of capital to build the cooperative model, and i try to launch it in boston between m.i.t. and harvard, and really got nowhere. until i went to the midwest, and co-ops are a big thing in the midwest and the reception was exactly 100%

there has been a reevaluation of silicon valley. organize our companies for the long term benefit? you've got amazon and these companies like google and facebook that have been able to insulate themselves from the market, but not everybody can do that. you've got efforts like the long-term stock exchange to try to create a new set of rules for companies to orient themselves toward the public good, not just what investors want in the next quarter. bob: there are funds that have been specialized in companies that do good work. those kinds of things have been in play. but they are not a huge piece of the overall puzzle. i think another big question we have to consider is going to be around the value that you can provide to areas outside of tech. there have been some principles that i think have to be questioned. crowdsourcing has been considered the ultimate way. if it is popular, then therefore that should win. that is not always the best case. i think some of those core principles have to be reconsidered as well. caroline: fascinatin

now at noon: from silicon valley to trump tower. right now, the biggest names in >>> coming up to the office, the true giants of silicon valley. >> now at noon, from silicon valley to trump tower, right now the biggest names in technology are meeting with president-elect donald trump. what they are discussing and who we have just learned is joining trump's business council. it's wednesday, december 14. i'm kenny choi. >> i'm michelle griego. president-elect donald trump is starting the public push for his secretary of state but some in congress say they have concerns. that comes as mr. trump will focus on high-tech jobs today when hosts a tech summit. as kenneth craig reports, leaders from companies such as google, facebook and amazon are all attending. kenneth? >> michelle, a lot of folks here for the meet having not the president-elect's best friends but they have a lot of the same common goals and today they are meeting in the middle. >> merry christmas! >> reporter: president-elect trump it a little christmas cheer as he touted

and use the innovator skills of the silicon valley.ou: the silicon valley and the obama white house never moved to the level an initiative that was successful and observable in terms of job creation in dealing with some of the big issues that confronts us and our -- and our society. why is that? >> part of problem is the current president is not a skilled experienced business executive. the fact is that a lot of the plans that donald trump has outlined are ones that make good stones business leaders. he wants to find way to the restructure the tax code and lower the corporate tax. he wants to find way to the bring back over $2 trillion of capital offshore that could be used in very strategic ways to create more jobs. this makes sense that donald trump is reaching out to the high-tech leaders at this time. lou: repatriating all of that capital. some say in excess of $3 trillion. that's a stimulus program in its own right and would make possible the creation of hundreds of thousands of jobs. it targeted and put to work in a reasonable ti

. >>> right now president-elect donald trump is meeting with prominent silicon valley leaders in new york. on the guest list, executives from apple, facebook and google, among others. >> in the past trump has clashed with those in the tech world. >> reporter: he sure has. this may be a time to work together despite political differences. during the campaign trump criticized some in the tech company and called some companies overvalued and called on apple to produce products here in the u.s. today we have some of the biggest names in the tech world coming to trump tower to meet face-to-face with the president-elect. apple ceo tim cook was invited, along with larry page from google's parent company. also expected, executives from facebook and ibm. the vice president of the silicon valley leadership group talked with us a short time ago and is encouraged by the tech summit. >> regardless who the president- elect is, silicon valley needs to help set the policy gun controls and guidelines. and then also working with the administration, again, providing some of that expertise and subject m

for example, there are a lot of companies in silicon valley -- here's my joke. i will meet an entrepreneur and say the great news is you built that $10 million company. the bad news is you blew through 50 million doing it. [laughter] there are those, trust me, they are out there. the reality is the vps are unhappy because they are not making money on that deal and the ceo is coming into work every day and they know they have this overhang that they are not going to be able to overcome but there is still money in the bank and customers are buying the products so let's pretend that is not a problem until the money runs out. the good news is if you are profitable, you can live forever. if you are not the money will run out eventually and it will be bad. one of the things i've tried to do in situations like this is redefine what success looks like. maybe we don't get all her money back but eventually we get half our money back. let's think about employees and customers and stakeholders and try to figure out if there is a wind we can affect even if it isn't the wind

emily: that is a clip from "silicon valley." its users. -- maps has not exactly been loved by its users. google maps has dominated the space. i will is making serious moves to change all that. mark garman wrote about it and he joins us now. to they are using drones, try to take apple maps to the next level. how will this work? >> apple maps, the launch was bungled, but one of the reasons it was so terrible at launch is because they had so much data they were pulling together from different providers, some providers including tom-tom and smaller companies, and they did not source their own data. a couple of years ago they hit , similar to what google has done for a decade, and they are collecting their own data using camera sensors. very expensive, they require a lot of manpower. but drones are smaller, they can fly around and really get into areas that vans cannot. have turned to drones. emily: so they have gotten faa approval to do this? stoppedgust, faa requiring exemptions and approvals to fly commercially, but apple is sort

silicon valley is home to pioneers of the possible. from bill hewlett and david packard to mark zuckerberg, history, media, and pop culture secretly showcased the transformational stories of silicon valley. but what about women? while tech companies and venture capitalists today are starting to actively support rising female stars, women entrepreneurs often go unheralded. female founders raising series a capital jumped from 10% to 15% in 2015, but still they are too rare. fortunately for us, we have two remarkable women entrepreneurs here tonight. what can we learn from them, who have forged their own paths for innovation and impact? make no mistake, they are noteworthy for their innovation by any measure. they also both happen to be women. to introduce tonight's speakers, let me share five numbers with you. capitalist,ture stanford lecturer in entrepreneurship, and self-proclaimed "recovering entrepreneur." [laughter] marguerite: in 1983, she cofounded software company as cofounderears and ceo. she served as vp of worldwide developer

. >> the narrative by many companies since the great recession including those in silicon valley, we have jobs to fill but no one qualified enough to fill them. did trump and oneweb find a solution to that problem? lawmaker good, senior editor at the verge and kate mitchell, skill venture co-founder and partner. lauren, what's interesting about what oneweb's mission is, it's also something being tackled by facebook and google and i wonder whether they'll be poaching from other companies versus just bring nug peoping new people in workforce. >> it's hard to say at this point. we know during the election and the campaign season president-elect trump did, you know, express pretty strong views around immigration, but that was specific to illegal immigration, and it's unclear at this point what exactly this will all mean for high-skilled workers, high-skilled immigrant who is come in with proper work visas. we know for silicon valley, immigration is a huge issue, an important issue in the sense that according to some reports, you know, 43% of silicon valley companies founded in the past s

the president-elect didn't spend anytime in silicon valley. >> reporter: no, he didn't. and while on the campaign trail, trump criticized apple for outsourcing to china. he sparred with amazon's ceo who owns the "washington post" blaming him of directing the paper's coverage so amazon could avoid paying state sales taxes. a lot of techs openly opposed his candidacy. but the meeting today is scheduled for 11:00 our time. it's expected to be an hour. they hope to extend an olive branch. one of the things they agree on is lowering the corporate tax rate. we'll see exactly what happens in just a few hours. live in san jose, maria medina, kpix 5. >>> we are getting a better look at what's left of the ghost ship warehouse in oakland. you can see what's left of the stairway that led up to the second floor here. a lot of the tenants' personal items like bikes and clothing are now burned. the fire chief says that no one ever inspected the building because they didn't know anyone was living there. >> we did not have any record stating that our firefighters had made entry or were a

and to make it all about silicon valley is the wrong way to think about it. we are contributing to the big changes in the society. it behooves us as this industry of change to take a step back and perhaps have a sense of understanding and empathy toward people who we tend to impact. emily: mark cuban tweeted, we all need to give president-elect trump a chance, no one is bigger than us all. i wonder, empathy to what extent? if some of these folks are in jobs in industries that are outdated, do we do this to the extent of holding back progress and holding back innovation? guest: i never said we should hold back progress. i am a big believer. when we say empathy we need to understand what are the changes which are happening, where they are happening, and are there any things we can do in order to ease some of the pain? i am not talking about handouts or any of those things. i am talking about can companies like google and facebook and microsoft think about setting up smaller development units in the middle part of the country or in the southern part of the count

at least most of the silicon valley.tious relationship was the back and forth between bezos and trump. let me remind you of some of the feets. bezos said that trump's rhetoric was eroding democracy around its edges in the united states. donald trump shooting off a feet just about a year ago where he basically said that bezos was screwing over the country with his tax -- basically, evasion is what he was saying. using the tax loopholes very well. "the washington post" loses money, a deduction and gives @jeffbezos power to crew public, his words on low taxation on amazon, big tax shelters. but the tone has changed. bezos sent out this tweet saying, congratulatio congratulatiocongratulation congratulations @realdonaldtrump . it will be interesting to see how things can be with rick perry, there can be some relationships repaired there. >> as long as they stay off twitter and avoid the twitter wars. in terms of policy, what would be atop the agenda with meetings like this? >> we've been told that jobs and economy will be at