that idea of singularity is captivated in silicon valley. i think it retards technological progress rather than simulating it. >> how is that? how did slow technological progress? >> because technological progress we are human beings with minds, wills, and imagination counter actuality and all of the capabilities of human beings are what technology extends and elaborates and allows us to contribute to human life and achievement. to try to separate technology with the apocalyptic idea which leads people like elon musk to say >> things like ai represents the end of the world. steven hawking also made some preposterous about ai if it succeeds we will and the human race. these people are like doomsday adventists on the mountain awaiting the end of the world. it is just ludicrous. it is one of the stupidest things i have encountered in my 81 years of ruminating on these subjects but. >> george gilder, don't algorithms represent a crude thinking on their own for computers? >> of course, computers are very good for computation. they can do pattern

we were kind of a loan voice will they were powered by silicon valley pixie dust so i was particularly baffled like this looks like a real estate company and they would raise more money with higher valuation. >> i got the story later as the checks were getting bigger and bigger but it's interesting to hear we learned about such positive coverage and we understood he kind of became obsessed because he couldn't understand why he didn't get it and was so frustrated by the journal's coverage so it was funny to hear some of the stories recounted over the course of that reporting our book. what's wrong with himm and the journal and does everyone get how wonderful we are. >> thanks for providing that context. nonene of the debacles happened there's always more in the macroeconomic perspective which is to say the story couldn't have happened if there were not a lot going on outside but specifically this begins the post financial crisis into two categories. one is the supply-side of proliferation i think there were a lot of contemporaries at the time given what was happening into 2008 as they s

and it was in silicon valley. could feel through 2012 and 2013 the language and their look started to look more and more like the very third typical tech startup. because i think it was like that is where the money is. some sites social networks are in. adams like i am a social network that's what this is a physical social network. ". [laughter] >> it's interesting again to stick on the side for a moment will obviously get back to the soft situs operation. rather than potential due diligence as we note to be so it kind of supplanted financial diligence. i found one example for the group that really crystallize this. i think at one point, had invested a $5 billion which itself was equal to what it is. but then just a mere six months later, fidelity not to be outdone the evaluation to ten. what could possibly have happened in six months fundamentally to justify that doubling of evaluation? >> it is very much the influx of the capitol. everyone there's also this idea happening more and more that you wanted to be the

so you want to have it be that with the in crowd in silicon valley, thenyou'll get the next one but also at the end of the day , adam newman was just a brilliant, you could say manipulator for salesman, whatever it was and he knew how to take that and turn it into this ever rising valuation and really played it to the egos of worries and concerns of everyone that he met and especially investors. and brilliantly, if you don't get in right now you're going to miss it. the other thing, just from the beginning that we'veheard from a lot of people whether they were employees , investors , everyone around him just if you doubted him once when it was, they had one location and he was telling everyone this is going to be the biggest company in the world that he kept on proving himself. there are other things missing but that was people without him and then he would turn around and it's a $10 billion company, iwill doubt you the next time . >> with fidelity, that's another one where i had this character in my head about how that turned out but i didn't actually think it would be that simple but f

one of the biggest scandals in silicon valley is going to trial.ury selection is getting started to try elizabeth holmes on wire fraud and conspiracy charges. we will hear from a bay area law professor with a closer look at what we can expect in just a few minutes. good morning. it's 6:30 on tuesday. august 31th. >>> good morning to you. with very live team coverage on the credit, aldor fire. ann is live if state line nevada where the casinos are open for evacuees and first responderns. first, we start with mary lee with a red flag warning in effect for the sierra. >> looking at that strong on shore flow and that ocean breeze bringing cleaner and clearer skies for us. good to moderate air quality for the bay area today. as we take you hour by hour, with our air quality you can see a lot of green and that is good air quality for today. request that strong on shore flow temperatures below average. cooler compared to yesterday. mid to upper 60's to around 70. 70's for the peninsula and upper 70's to upper 80's. watching red flag conditions up in the s

i saw it the new york scene with an arrival at silicon valley, she had liberalist startups, office spacepensive because of the financial crisis, real estate focused so you have a lot more problems as far as these businesses delivering at that period of time in addition, you had another growing. on the regulatory front, we have the jobs obama signed the law 2012. one provision was private investors didn't have which is significant and also facilitates this and of course as you get into it, the international investors in the marketplace, most noticeably the saudi's, there's a lot going on at this time. ... will start, if you look at a time line of 2010 was the hot capitol of the moment, was like in 2012 we are pushed back it becomes mutual funds and they russian. they need to get into the space because they think d.c.'s getting a lot of money they cannot get as many ipos. there is a china trip we have a really great anecdote about adam have this fantastically successful fundraising chip of boos and we kept finding the fish that would eat the other fish and there would be one less and some

that want to go home and want to be stay at home moms or dads, there's lots of companies up in silicon valley where they will accommodate that. facebook, google, salesforce. you can work from home. the good thing is we have lots of types of employees in silicon lot of different typesextrovert, well educated and a book in your hand then c3ai is the place you'll like it. we think very carefully about the cultural fit. many people have come here and i think they would be better suited at google, better suited at salesforce. we recommend them and send their resumes to those companies. >> i've got you on the line, so to speak. let's talk about this new administration. is there new things they should be doing to encourage ai research or ai rules? >> i think this ai issue is getting existential as it relates to the threat from the ch chinese. we're in open today. 2017 whoever went to battle on ai dominates the world. i think that's probably true. it's most not going to be russia. it will be china or the united states. i believe the biden administration is doubling down on ai in a big way. the chines

the silicon valley pride parade and festival is this weekend. police were not invited to participate. >> reporter: the celebrations got underway with the raising of the rainbow flag. the police chief was here. he will not be an official part of the weekendfestivities. they have been doing it for years. >> i'm glad you can join us here for the kickoff of silicon valley pride. >> reporter: the police chief was here and was on hand when they raised the pride flag at police headquarters in june for pride month. for years, a tradition has been uniforms police officers march in the pride parade to show solidarity. that ends this weekend. >> this was not a decision that was made lightly by our board of directors. >> reporter: the board of pride voted to not invite uniformed officers to the festival and parades this year. citing backlash from police incidents across the nation over the last year, including the murder of george floyd. >> we heard from some of our community members that they wouldn't feel comfortable with police presence. >> reporter: one

the impact this trial is already having on silicon valley, and what's at stake as testimony unfolds. and we'll tell you about a crucial deadline hours away in the recall election of governor newsom. >>> good evening. this is nbc bay area news tonight. i'm raj mathai. we begin this week with a favorite vacation spot for the bay area. a lot of prayers at this hour that south lake tahoe avoids major damage. the entire south lake tahoe basin is under evacuation orders. let's take you out to a live chopper video now of the caldor fire. one final ridge stands behind this fire and the entire south lake tahoe region. you can see sun setting near the sierra. the fire continues to burn along highway 50. homes, businesses and other structures are gone. this is a shot near the homes at sierra at tahoe resort. some are gone while others have been saved. and that kind of hopscotching the of the fire line, we've seen this kind of behavior in the prior years. about 20,000 people were told to leave today. here's the latest evacuation map, it includes all the communities up to the nevada state line. i

you use a phrase especially in the latter half of the book, silicon valley masters of the universe. can they really be masters of the universe and it's so easy to wrap around what they are doing? >> i think there is a facebook is a noteworthy -- if not with you because they have allowed for some conservative content to do very well. the content boat that works on facebook is not all. it's most popular with our readersll yet fact checking even if it's true, the best example of recent as we are recording this, wee can air later. how many fact checks with her about wuhan bob theories that fact checked by t establishment sanctioned fact checkers and it turns out they are rethinking back. the things breitbart puts out better true so often get fact checked as false or misleading because we supply context. cnn and the new york times and etc., we are not treated equally on those we notice the shift after the 2016 election when it comes to facebook. breitbart was the number one biggest outlet i believe, close to breitbart and the huffington post in 2016. right at the beginning i think it was

>> from the heart of where innovation, money and power collide, in silicon valley and beyond, this is bloomberg technology with emily chang. emily: we will tell you what to expect in the much-anticipated legal showdown in one of silicon valley's notorious candles. we'll get all of that in a moment. to get a look at the markets. teca leading the -- tech leading the charge today. dark a defensive tone in the markets. the new york faang index up 1.6 percent. helping the s&p 500 and the nasdaq close at another record. the 53 record closes for the s&p 500. what did not do well is the small-cap index. the russell 2000 in the red. let's take a broader look at the chart here. this is a little bit of a different story. small caps outperforming year-to-date. the nasdaq 100 leading the way. today was no different. let's look at some of the other tech subsectors. it was a tech friendly trade. semi conductors in the green. the nasdaq biotech ending in the red. that is the macro picture. >> i am looking at the biggest points movers on the nasdaq 100. moderna down 3% after a report from japan that c

they are seeking the best of the best of silicon valley. there are hints that this might involve some prior terry designed around semiconductors. >> what is the general feeling about this? is this the developers day that we get out of apple and facebook? who is the audience? >> on battery day or when they had this event, the tesla fan and owner that elon engages with on twitter. we know that less of those people are invited and there are some quite notable academics from the world of engineering and computing that have been invited. we know that talent is front and center for this. tessa wants to hire in those roles specifically. we are assuming there will be some players in that industry as well. >> a lot of these days don't live up to the hype always. >> tesla is not alone in trying to crack full autonomy. fighting fiercely hard, they are competing against people like apple, google who are also paying. even from wall street. elon musk's other great skill is keeping investors looking to the horizon. was it april of 19 where he said when yo

>> from the heart of where innovation, money, and power collide in silicon valley and beyond. this is "bloomberg technology" with emily chang. emily: coming up our, shares of zoom plunge almost 17%. it has been a lifeline for workers, students, friends, family during the pandemic. with workplaces and schools reopening, what will zoom's new normal be? the return to work not happening for everyone just yet. alphabet added to the list of massive companies pushing that back to 2022. so many changing plans as the kent varient takes its toll. we will bring you the latest update. wildfires continue to rage across the pacific northwest. the caldor fire approaching california's lake tahoe. how firefighters are using ai and machine learning to fight these fires faster than ever before. let's bring in ed ludlow. ed: the market is really taking a pause after that news from the federal reserve on friday. the s&p 500 down about a 10th of a percent. evaluations of course, the s&p 500 index at the highest level since 2000. the process is what happens to those tech stocks as the federal reserv

no one else called the starbase in silicon valley tech companies are a little more subtle with their takeover. google is developing downtown west, taking over a chunk of san jose and facebook is creating will little village, a town and housing development in menlo park. so mark zuckerberg is trying to rehabilitate his image by becoming a landlord. so companies are owning whole towns. i mean, what year is it? i was beginning to suspect that we're living in another gilded age. let's see. i mean, we have record inequality monopolies and many workers don't have the right to unionize . the only real difference i can think of was at the turn of the century. take your kid to work day was every day. around 1900. there were about $3000.00 company towns or municipalities owned by one corporation, pullman town, illinois, a planned community for manufacturing room cars, was the most notorious, and came to an end. when workers were so unhappy with their live work situation that they went on strike for 2 months. and it ended in a pitched battle between the u. s. army and workers. this was not the

>> from the heart of where innovation, money, and power collide, in silicon valley and byond, this is "bloomberg technology" with emily chang. emily: president biden sits down with the ceo's of apple, amazon, alphabet, microsoft, and more, to talk about improving cybersecurity after a spike in attacks over the last years. we will bring you the latest. plus, uber, lyft, and doordash are all up, despite a big blow. the controversial ruling on prop 22 will be overturned. joining before and extended conversation, which he calls more of a casino than a trading app. bird scooters hitting the streets and the public markets. our conversation with their ceo to talk about expanding into bikes. first, let's get a look at the markets with kriti gupta. kriti: yet another record high for the s&p 500. that makes 50 record highs so far this year. i keep saying record highs to make sure our nerves -- our audience understands this is a crazy year. this chart is showing, every blue line is a day the s&p 500 once again hit a new high. i want to show you what it did intraday today. it really only drifted

you use a phrase of the silicon valley masters of the universe. can they really when it is so easy to go around what they are doing? >> facebook is noteworthy because they have allowed for some conservative content to do very well the content that works on facebook is not all hours but what is fact checked even if it is true. the best example as we are recording this i don't recall exactly we reported but how many fact checks on the wuhan lab series adjust by the establishment sanctioned fact checkers and now they are rethinking that. what breitbart puts out that her true, so often are of fact check as false or misleading verbally in falsehoods from cnn thrive. we are not treated equally on the platforms. we notice as shift after the 2016 election with facebook breitbart was the biggest outlet in "the new york times" and huffington post in terms of influence at the beginning of 2018 facebook switched the algorithm our traffic plummeted we were in the top five at about 20 of most popular publishers. cnn went up. clearly there is a manipulation. we

>> from the heart of where innovation, money, and power collide, in silicon valley and byond, this is "bloomberg technology" with emily chang. ♪ emily: i am emily chang in san francisco and this is "bloomberg technology." coming up, president biden sits down with the ceos of apple, amazon, alphabet and more to talk about improving cybersecurity. we will bring you the latest on the white house summit. plus, uber, lyft and doordash shares up despite a big blow to their labor. the controversial ruling on prop 22 will be overturned. we are joined for a conversation on everything from direct listings to crypto to robinhood, which he calls more of a casino than a trading up. and hitting the streets in the public markets. we talk with this ceo to talk about expanding into bikes. all that in a moment. first let's get a look at the market with bloomberg's kriti gupta. take it away. kriti: another record high for the s&p 500, 50 record highs for this year, that's the most record highs. this is a crazy year. we have seen the most since 2017. the blue line here is the day the s&p 500 once again h

>> from the heart of where innovation, money and power collide, in silicon valley and beyond, this is "bloomberg technology" with emily chang. emily: i am emily chang in san francisco and this is "bloomberg technology." beijing break -- they limit the number of time children can play games online to three hours. and, surrounding the blood testing company, fara knows. --theranos. one of silicon valley's most notorious scandals. kriti gupta, tech leading the charge today. kriti: a defendant -- defensive tone in the markets. the new york faang index up 1.6 %, helping the s&p 500 and the nasdaq close at another record. the 53 record closes for the s&p 500. what did not do well is the small-cap index. the russell 2000 in the red. this is not that unusual. let's take a broader look at the chart here. this is a little bit of a different story. that white line small caps , outperforming year-to-date. that has flipped in the last month with the nasdaq 100 leading the way. today was no different. let's look at some of the other tech subsectors. it was a tech friendly trade. golden dragon index

. >>> and a case that's being called silicon valley's biggest fraud. we are live with what to expect on day one of jury selection and the elizabeth holmes trial. >>> the later the demand from students at a bay area university after a classmate's racist and violent social media post. >> we are on fire watch this tuesday, august 31th. >> we start with the extreme fire threat from the caldor fire in south lake tahoe. ann is on assignment. >> what are conditions like out there this morning? >> the good news now is that the fire has not reached south lake tahoe. that is where i'm standing but you can tell it's very smoky here. the area is under evacuation orders. the casinos though that you see behind me are still open. there is a lot 6 firefighters staying and other city officials that have to make sure they can still hold down the fort at this point. at last check the fire was still several miles away. we are going to get the update from cal fire in a couple of hours and get a little more information on where that fire was able to move overnight. here are

, technology supposed to change the health care industry and young found we are huge goals, a silicon valley tech story for the ages, until it all came crashing down. why theranos and founder elizabeth holmes will be in court starting tomorrow. will draw international attention. business and tech reporter scott budman. >> reporter: the trial begins tomorrow in san jose with jury selection. at issue, her intent. with hundreds of millions of investor money lost because the technology didn't work or did she intend to defraud investors, patients, regulators and doctors? elizabeth holmes and theranos with claims that machines could run dozens of critical medical tests using a tiny amount of blood got so big, hosted then vice president biden. at one point valued $9 billion, huge win for company started by 19-year-old stanford dropout. >> first thing i remember is being inspired. >> reporter: for female tech ceos like leslie, holmes was important leader. >> there are so few prominent women that investors believed in that much, that made the fall more heartbreaking for a lot of us. >> reporter: and

from wall street to silicon valley, elite academia to big pharma, i got my first job out of college before8 financial crisis here in new york city, in my new book, "woke inc.," i reveal the truth about the invisible new force at work in the highest ranks of corporate america. >> you pretend like you care about something other than profit and power. precisely to gain more of each. all magicians, master of the art of distraction. today a business titans promote progressive social values, their tactics are more dangerous for america than those of older robber "barron's," do go smoke screen expands power over the market and every other aspect of our lives, as young 21st century capitalist, the thing i was supposed to do was shut up and play along, wear hipster clothes, applaud diversity and inclusion. and after flying on a private jet to a fancy ski town, not a bad life. but the most important part of the trick was to stay mum about it. now i'm violating that code, i am pulling back the curtain to show you what is really going on in corporate boardrooms across america, it demands a small group

. >> reporter: a story made for silicon valley, where the story is everything.nos would raise some $700 million from investors like rupert murdoch and betsy devos, attract board members like henry kissinger and george schultz, and strike a deal with walgreens for in store blood tests, making elizabeth holmes very rich her company at its peak worth $9 billion. just one problem, says reporter john keraru who broke the story. >> she commercialized a product, a medical product, she knew did not work her machine only did a handful of tests and did not do them well at all. >> reporter: a charge holmes denied >> this is what happens when you work to change things. >> reporter: federal regulators including the fda pounced, in 2018, civil charges from the s.e.c. of a massive fraud, she settled without admitting wrongdoing months later, criminal fraud charges against holmes and balwani, he goes on trial next year, both have pleaded not guilty the feds have to prove that holmes intended to commit fraud. >> elizabeth holmes may try to portray herself as someone who got caug

a criminal trial that could change the outlook for silicon valley.me theranos founder elizabeth holmes. we'll be right back. >>> welcome back. breaking news we continue to follow unbelievable images coming out of south lake tahoe this morning of evacuations and the flames of the caldor fire and sadly the worst may be yet to come. >> "today in the bay's" kris sanchez is following those developments for us and here with the latest on the fight to keep the caldor fire at bay. >> so the fire now threatens the actual containment lines that were holding at highway 50, burning unchecked this morning and out of control, driven by winds and fed by dry fuel. all of south lake tahoe is evacuated. more than 186,000 acres are burned. 664 structures are destroyed. we know so many more are under threat and cal fire is bracing for an increase in fire activity because of that wind and dry fuel that kari has been talking about this morning. earlier this morning firefighter dominic polito told us the scenic terrain is part of the issue and reason firefighters can only

we're facing a stephen manley, chief technology officer at silicon valley based druva thank you so muchs, stephen we appreciate it. i wanted to ask you this. what can you tell us about what happened inside of that meeting with the president and members of his administration? so there are there were really two things that happened the first is they discussed what's been going on with all these cybersecurity attacks ranging from i think everybody heard about the colonial pipeline that interrupted fuel. uh and they talked about how these attacks are spreading their now happening multiple times every minute from the largest organizations to the smallest. they also talked about then the steps that are we're going to need to take as a nation and as a people to be able to combat the cybersecurity threats. so stephen, i want to show our viewers a map recorded it earlier this afternoon it shows a real time cyber attacks happening around the world. just today alone, there have been tens of millions of them. are we behind the curve when it comes to combatting cyber security and how do we catch up?

i'll see you then in silicon valley elite who is out of touch with the rest of the world. this is the key to understanding lucas b walks logic. although it's not the only part, these workers are miserable by design. you can write code and send your account, never talk to anyone is does, i'm so you can get the work back on a spreadsheet. if you need to, to see these letters and numbers of identifying the worker, you don't see a name. you don't see where they live, you don't see what their situation is. you don't see unless you keep track of it yourself. have they worked for you before or not? do these ghost workers really know who they worked for? have they ever heard of lucas b one? we showed them the footage of the figure 8 founder talking about their work. the with technology actually pay them a tiny amount of money and then get rid of them when you don't need them anymore. giggling, overpaying people danny's and yeah. okay. now i'm going to start arguing with like, i do about the eyes when they get me. and it's kind of surprising, i guess, a little bit to see there's so

. >>> jury selection is underway in the trial of one of the biggest scandals in silicon valley and that of elizabeth holmes coming three years after she was indicted on multiple federal fraud and conspiracy charges. justin andrews is at the courthouse in san jose and was she there today? >> reporter: indeed, she was. in fact, she didn't shy away earldae seemedm, buone thing d e she didn't do is comment. >> reporter: anything to say to us, elizabeth? nothing to say to our cameras but allegations from federal prosecutors against elizabeth holmes are pretty loud. once a self-made billionaire and some even called her the golden girl of the silicon valley and now she is inside a federal courtroom as a defendant charged with fraud. >> it is a complicated case. >> reporter: she is the founder of this company and her former president her ex-boyfriend are accused of falsely claiming their technology could accurately perform lab tests with just a few drops of blood and today the link the jury selection process began with some potential jurors not showing up because of covid symptoms. >> that is t

. >>> a huge silicon valley scandal heads to court. jury selection starts in the trial of elizabeth holmes. >>> and changes coming to indoor dining at mcdonalds. diane king hall report from the new york stock exchange. >> technology stocks once again powered wall street to new highs on monday. the dow was the exception falling 56 points, after reaching a record high on friday. the nasdaq rallied 136, extending it's all time high and the s&p500 gained 19 points. >>> the trial of elizabeth holmes gets underway today in san jose, california. holmes is accused of defrauding investors in her blood testing start up which was once valued at nine billion dollars. it went bankrupt after a series of reports in the wall street journal questioning the accuracy of its testing and business practices. jury selection is scheduled to start today. holmes faces 20 years in prison if convicted. >>> the delta variant is forcing mcdonalds to retreat from indoor dining plans. they are advising franchises in hot spots to stick to drive through take out and de

david: a lot of companies in silicon valley and the boston area are started by immigrants. maybe they are harder working. trying to prove something. have you observed that? noubar: factually, the majority certainly in the silicon valley area have been involved in various discussions, certainly a few years ago when the political environment was against immigration, even talent. but it is the case that there's a lot of immigrants who tend to get to the cutting edge. whether it is because there are things to prove or by nature, they are taking very little for granted. they are comfortable with discomfort. if you change countries, let alone forcibly, you don't have much time to say how come i got disadvantaged? these are all privileges of rooted people. you need roots to feel like you are entitled. david: sometimes when you have a great success, whatever area it might be, it is hard to do it a second time. you have had a great achievement with moderna which did incredible things to help save the world from the pandemic in many ways. do you think you can do anything as great as

and the silicon valley, the world of tomorrow is being develop the it's the high tech hub of giants, like apple, facebook, youtube. hoover, netflix. in google, the we have a meeting, a figure 8, a business, specializing in artificial intelligence that primarily works with google. the founder lucas b wald, agreed to spend the morning with us. hello, guys, nice to meet you. thank you very much for your time course. i know you have a busy schedule. thank you. at 38 years old, this stanford graduate has already worked for the likes of microsoft and yahoo before founding his own company. once his microphone is on a quick tour of their startup style, california and office base is, are, are in play, cool, and relaxed probably, or weren't stressed employee me could you please maybe focus, i think a pretty good i don't know. very kind of our area is actually where i like to work . my coffee got cold and in the reception area and impressive display. these are some of our, some of our customers and the different things that they did with our, our product. so here's twitter. we help them remove

by the end of september, jewish family services of silicon valley expects to take in 200 refugees. looking for anyone with the big heart and they can property. >> what we used to call the in law house and backyard and additional unit, we have people who might be empty-nesters who still have a large home and it can open their home to a family. we also are seeking and working with people who own apartment buildings or own an airbnb. >> reporter: the bay area has a long history of refugees. back in 1975, the first flights of operation a beloved arrived in oakland. thousands more refugees were processed through hamilton air force base in novato. he later settled nearby. >> we had an amazing outpouring the past couple weeks as the situation unfolded. people stepping up to help. >> reporter: his wife with jewish family and community services east bay already have taken and 40 afghans to by september, the number will climb to 200. >> we already had some people come forward and say i have an apartment or in law units and things like it. >> reporter: the scenes of the afghan refugees trying

will this have an affect on the silicon valley and to some of the larger players? >> guest: you can look at it in a couple of different ways. the executive order instructed or encouraged in some cases agencies to take a wide range of actions meant to increase competition across the economy. and so, on the technical front, it was telling the trade commission you need to scrutinize the mergers more closely especially looking if they are buying up smaller competitors that could grow to be liable which is then the concern about facebook with the acquisitions of instagram and then also telling the federal trade commission that it should consider rules omitting unfair methods of competition. and some areas where the administration has been concerned is say a company that runs and e-commerce platforms looks at what products are doing really well and the copies that and then to sell their own, like amazon. that is an area where they think this might be an unfair method of competition. but the thing is, it takes a long time for agencies to come up with rules and get them on

>> silicone valley. >> technical people come from all over the world. a portion still lives in immigrant experience because everybody just arrived in the last 30 years. don't be misled. there are more chinese in this country now than there have ever been. all the chinese in the united states at the moment according n techland techland. is everything north of san jose and south of san francisco. people come from all over the world. to work in silicon valley the larger portion of the china's american community still lives in an immigrant experience because everybody's just arrived in the last 30 years. hmm i should point out before we leave this map. don't be don't be misled. they're more chinese in this country now than have ever been. but even so all of the chinese in the united states at the moment according to the 2010 census represent one point two percent of the total population of the united states, i repeat 1.2 percent, roughly one percent. and now you know why? because of the legislation that had happened before because of the nature of the immig

that alum rock has experienced is just a mirror of what happens in the bigger picture of the silicon valley proud to be able to be part of this 90th anniversary. damian: and this is a full-time job, right, as a board member of-- you need two jobs: your regular job to pay your mortgage but it's also a full-time job to take care of the kids, take care of the teachers, take care of the administration staff at alum rock. andres quintero: if you wanna do the job right, you gotta invest the time and so, yes, it is. and for us, alum rock, 90 years represent, as i mentioned during the comments at the ceremony, it's a spirit of resilience that is in alum rock. remember, we were born in the middle of a great depression, a financial crisis, and the district went ahead and forged ahead on major projects to undertake the development of this--of our district. damian: let's see--corina, let's see if she's back online. i don't know if you--can you hear me yet, corina? [silence] damian: well, we'll have to fix her audio at a certain point. so, dr. bauer, there have been, you know, like any other school dist

think so long as there's speech in america and first amendment and not entirely controlled by silicon valley there are going to be voices able to penetrate w into nationl dialogue without having the institutional backing of a corporation. i met the level of corporate media we have right now is just to watch and i would be shocked if everyone disagreed with that they thought about it long enough but idi do think with the rise of podcast and so many alternative media sources on the last decade, it left a mark on the credibility and i think it's undeniable. >> is there a tension between the way the news is broken in a good way, it sounds like that's great and they have broken it but in the way it's also back, partially a critique. is there natural tension between the brokenness of the news and what we are to think about? >> it is a tragic story because for our media we would like to be heroes. i know popular culture is largely controlled by people of the same political worldview is the people who control our news media but we want to portray people as heroes and stopping ill will within our soc

people come from all over the world to work in silicon valley. larger portion of the chinese american community still lives in an immigrant experience because everybody is just arrived in the last 30 years. i should point out, don't be misled. there are more chinese in the country than there have bever in, but even so, all the chinese in the country at this moment represent 1.2% of the total population of the united states. i repeat, 1.2%. roughly 1%. now you know why. because of the legislation that happened before, because of the nature of the immigration laws. even though immigration has begun to become normal, the number of chinese in this country are very, very small. >> this is the second of a three-part series on the chinese in america with historian and storyteller charlie chin. >>> next, we continue our look at the history of the chinese in america on a walking tour through the streets of san francisco's chinatown. this is the third of a three-part series with historian and storyteller charlie chin. >> why would it be extremely difficult

. >> well, in the south bay silicon valley. business leaders are reacting to the latest masking changes. the working on a plan to continue doing business while they're trying to keep their workers safe. kron four's. dan thorn has the details of that. >> increase in covid-19 infections are forcing silicon valley businesses along with others across the bay area to return to mask-wearing indoors. business leaders want to keep their customers happy but also safe. if we need to put masks on to stay safe. >> and to keep business flowing in customers coming in through the door. and that's what we need to do. com valley central chamber president christian mao 6 says he understands that after a year and a half. people are tired of having to wear masks is also a little worried about customers who do not want to follow the reinstated mandate. >> but the biggest concern for businesses is if the increasing infections will force closures even if lockdowns were never around the corner. it's the uncertainty. >> that makes a business is very sc