productions ref the rebeats in 2013-2014 and 3 productions already in 2014-2015 we did have the steve jobs film has not finalized the paperwork yet this is a significant increase in the use of program with 10 productions getting the rebates compared to the lovingly productions that received rebeats in the first seven years of the program in fiscal year 2013-2014 the 7 productions at the moment $831,000 plus spent a total of $4 million plus locally this included the salaries a local crews and background extras and expenditures on gas hotels, car rentals and office supplies and lumber and carter and more in fiscal year 2013-2014 for every dollar rebeat $6 and one cent was spent locally fiscal year 2014-2015 is on track to be as productive as 2013-2014 while the number of production is less the number of job is on par with the previous fiscal year so far in 2014-2015 the current local spend is $4 million plus sorry $4 million plus with the rae daets beats avenue $7 million for this fiscal year year every dollar $6.29 is spent locally for was this and other expenses this program is a key compo

relocated here to the bay area just in the in connection of time to work on the san andreas and steve job i'm excited think to be be restraining order a part of the communities san francisco is the reason i moved here from los angeles is because of nature of the people that work here and the businesses what a pleasure to work here, however citing the bottom line when i was the head of a small studio we chased the incentive we're looking for the incentive i want to tell you briefly wrote a letter to susan in a nut shell the san francisco production is critical to stereos that are considering shooting in the bayer san francisco pictures couldn't have shot steve jobs await the rebate and most certainly not reflective andy grer roses fund without the rebate program provides water because of the funds we in turn employed thousands of the local citizens purchased and rented goods from the local businesses and spent millions of dollars dollars in a matter of a few months the cost of shooting in san francisco is the earn or first concern of any in coming production this incentive please care cont

program this year local 16 members have received 3 pointed $9 million in wages and benefits for the steve jobs film london alone it hired over 2 hundred workers on behalf of the loft 16 members he respectfully ask you renew that program thank you very much. >> thank you. next speaker, please. >> good afternoon, supervisors i'm joanne an sought after with the stage local 16 on behalf of the members of 0 local 126 we support the rebate program a large portion of the workers live and work in san francisco send their children to school and shop and contribute to the diversity of our city please help them continue to thank you. >> thank you. >> thank you. next speaker please. >> >> mississippi hi, i'm jim a past film commissioners in san francisco and president of the friends of the san francisco commission our goal to help to save the film is from the whole goal we're working hard in programs like this will help us to continue it is a vital industry and must be protected thank you. >> thank you very much. >> thank you. next speaker, please. >> hello, i'm katherine courtney a line producer and prod

. >> meeting steve jobs. how did that happen? > >> apple became aware of drop box early on. we had some conversations with the team because they were curious about how we managed to put the green icons on the files. it turns out, to do that was actually a tough technical challenge. do this open heart surgery on the finder, on code we did not write. their team understood that this was pretty crazy acrobatics. steveally it ended up reached out and wanted to talk to us. we repeatedly said look we are not interested in selling the company. but if you want to hang out, sure. it was wild. oneup in the morning, infinitely, it's art in the phone. we talked, the formal part of the meeting was 15 minutes. it was pretty clear they were interested in buying the company. but we were not interested in selling it. i didn't talk about -- far to try to get -- go too down that path. we spent the rest of the time talking about a lot of questions he he came back to apple, had different advice for us. he spent a lot more time than he needed to with us. that wepretty clear were going to sell the

is it his steve jobs moment? the ceo is stepping down after five years at the helm and pressure from wall street. dorsey was pushed out from the top position in 2008. he remained as chairman even after he left to focus on it his payment startup square. twitter shares closed higher. if not decor jacobin who -- not dick or jack, then who should return to twitter? the interview is part of a longer conversation on the aftermath of the ellen pao trial. the first interview given by the firm after the verdict. today i asked about twitter. guest: he has done a fabulous job. they are going to do over $2 billion this year in the course of those five or so years. he took the company value from $3 billion to $24 billion. it is a hard thing to be a ceo of a public company. he had been discussing this for a time. emily: for you consulted? >> and no. emily: what more would you like to see twitter do? guest: i would like twitter to be easier to use for my mom. emily: i agree. i bring up my mom. she is a experienced facebook user

emily: meeting steve jobs. how did that happen, what was that like?mily: you are 32 years young. what is the hardest lesson you have learned as a ceo? drew: well, i think the hardest challenges are really around people. you bring 1300 people together and get them pointed together in the same direction. in any group, there will be people unhappy. how do you get people to collaborate even if they have different backgrounds? emily: what kind of advice has mark zuckerberg given you? drew: a lot of advice on company scaling. how do you organize people, set up -- you have to be a lot more thoughtful about how you compensate people, think about mundane things like their titles. you really stage things, have more merger products, a portfolio. a lot of things like that. emily: your cofounder -- i read it was married at first sight at the beginning. how has your relationship changed over the years? drew: i think it has been pretty steady. we had kind of grown up together doing this. our values have shaped by going through this experience together. emily: i know

that is what steve jobs said in 1995.there is an estimated 15 million people who code professionally or as a hobby. but for the rest of us, computers are opec. even as they power everything from our cars to coffeemakers, little of us know how they work. new covermagazine y

whether this is in working condition or whether it has the monitor but that original was assembled by steve jobs wozniak in steve jobs' fateful garage. he sold his van in order to make this and wozniak sold a calculator in order to make this apple one computer. olivia: ira member you had a guest on for the auction house -- i remembered you had a guest on from the auction house. pimm: this is a form of collecting that is getting more and more expensive. the artifacts that will go into museums to show the technology revolution in a way that you cannot without the actual piece of material. you can show pictures but when you see a keyboard, an actual computer encased in would, it does bring home the change that has occurred in the industry from 1976 to 2015. it depends on the condition of the computer. a previous one muscle in december for about $360,000. ina previous one was sold 3006ber for about 30's -- -- $306,000. olivia: it scares me a little because it makes me think you have to be careful and not throw away those power cords. is it just silicon valley guys? pimm: private collectors but also

emily: meeting steve jobs. what was that like? drew: it was interesting. became aware of dropbox early on. it wasn't steve who first learned about it but we had some conversations with their team because they were curious about how we managed to put the little green icons on the files. turns out to do that, it was actually a pretty tough technical challenge. what we had to do was open our -- open heart surgery on a code we did not write and their team understood this was some pretty crazy acrobatics and something no other company had done. eventually, steve reached out and wanted to talk to us. we have repeatedly said we're not interested in selling the company. we want to be respectful of your time. if you want to hang out, sure. it was wild. we would get up in the morning and we needed one infinitely bad it is already in the phone. we spoke for the formal part of the meeting maybe 15 minutes. it was pretty clear they were interested in buying the company but we were having fun building it. emily: he said i want to buy you? drew: in so many words. we did n

he has a uniform in the same way that steve jobs does. he refers to himself as an editor in the same way steve jobs did. in the same way that steve jobs rode to the rescue for apple maybe jack dorsey sees himself as a longer-term figure as the ceo at twitter. he would have to be talking to his current company, square, who he also founded and is currently ceo of. no matter who takes the reins, it is going to be a tough act. they have to turn around the downward trend at twitter. we saw 18% growth in people adding on to twitter. 300 million in the last quarter. that is slowing down. compare that to 1.4 billion users on facebook. instagram whatsapp, both owned by rival facebook. facebook tried to buy twitter back in 2008. they are seeing problems there. this is eating into their advertising potential. he marketers think that twitter has less than 1% of the digital advertising market. compare that to google, that has 31%. khmer that the facebook, that has almost 8%. advertisers aren't yet coming to twitter. we will therefore be thinking, who

steve jobs should have gotten that together 10 years ago, and didn't before he passed away. i think we had almost generation, 15 years of kids growing up, getting their music free. we have almost new generation hearing that streaming services are free. why should i pay for something that doesn't have stars in it. that is the thing that will hurt the industry more going forward. >>> europe launched almost satellite that will give its multibillion capperby cows colour vision. the sent jipel is the second to almost planned network, and provided images that it could help forecasters, the response to humanitarian crisis. >> it's been described as the most ambitious observation to date. more news on the website. the website is aljazeera.com. >> every year, the u.s. imports more and more produce - fresh fruits and vegetables - from mexico. and every year, wages have stayed the same for the people that harvest that produce - sometimes the last people to touch the fruit bought by u.s. consumers. but after years of long, hot days and stagnant pay, workers left the fields and took to t

a prototype tilt by steve jobs -- built by steve jobs in 1976. it is a relic intact history.ed it to a recycling firm not knowing how much it was worth. they sold it with private collector $41,000. the recycling firm is looking for the woman, the mystery woman, saying they want to split be/50.ceeds to according to company policy, they have to do that. they want to help her out of it. you shall media talking about this as well. one person says, what was she thinking? say, you know what? good to know they are trying to find her. back to you. rishaad: up next, corporate drama in jakarta. ♪ [baseball crowd noise] ♪ ♪ [x1 chime] ♪ ♪ [crowd cheers] oh! i can't believe it! [cheering] hi, grandma! ♪ rising: chinese stocks after the manufacturing gauge rose slightly in may. measures are helping to cushion the economy. the highest of the year and just below forecasts. struggling to meet the 7% target, policymakers have cut interest rates. again fails to reach a deal with its creditors. hopingme minister is now germany and france will use their influence to help what is described as a c

this was apple's first desk top computer made by founder steve jobs and steve wozniak back in 1976.00 were made. just 50 are believed to still exist. with me now, the vice president of operations for the recycling company clean bay area. victor surrounded by, you know all these goodies that are dropped off at your place. tell me who was it that saw this apple i computer and realized this truly was a slice of apple history? >> hi everyone. yeah this was about a month ago. when i saw first this computer i didn't think it's for real. i thought it was a fake computer somebody just tried to pretend steve jobs garage and used a knife and hammer to put some apple computer. but my business partner, he look at this equipment and said no it's for real. this is a real computer. let me guess how much it could cost. he made the search online and found out that this computer was sold recently a computer like that was sold recently for $200,000. we were shocked. >> that's not pocket change there. so thank goodness for her for realizing this and getting on google i suppose, and figuring out the wor

steve job should have got then together 10 years ago and he didn't before he passed away.we have already had a generation now, 15 years of kids growing up getting their hughes music free knew we have a new generation hearing that the streaming service are confuse arguments, people that are popular aren't on it. why should i pay for something that doesn't have all of these stars in it and that is the thing that i think will hurt the industry even more going forward. >>> well, you don't have to pay to stream the news on our website, there it is, aljazerra.com. you can watch the news live and catch up with all the programs. this is techknow. a show about innovations that can change lives. the science of fighting a wild-fire. we're going to explore the intersection of hardware and humanity and we're doing it in a unique way. this is a show about science by scientists. tonight, techknow investigates the ivory trail they've tried to seize it, burn it,

steve jobs should have got then together 10 years ago and he didn't before he passed away.ave already had a generation now, 15 years of kids growing up getting their muse figure tomusicfor free now a new generation hearing the streaming services are confusing arguments people that are popular aren't on it. why should i pay for something that doesn't have all the stars it that i think will hurt the industry even more going forward. >>> european space agency has launched a new satellite to take high resolution color images of the earth. an unmanned rocket carrying the sentinel 2a satellite took off from french guyana. it aims to provide detail pictures to help monitor natural disasters and forecast crop harvests. it's being described as the most ambitious earth observation mission to date. >>> more than half a million japanese teenagers are thought to be addicted to the internet. now the government has begun its first digital detox program to deal with the increasing problem. therapists say japan has been slow to recognize the harmful effectseffects on the young of being cons

lam: in an interview with the silicon valley historical association, steve jobs recalls an early product to tap into telephone networks illegally. jobs: it was the first digital blue box in the world. it was the magic of the fact that two teenagers could build this box for $100 worth of parts and control hundreds of billions of dollars of infrastructure in the entire telephone network in the whole world. we had the sense of magic that we could sort of influence the world. lam: cupertino today is known around the world as the home of apple. mountain view is known as where google is headquartered. the growth of both corporations and communities has generated new relationships and frictions. woman: quick question. i think people who are curious should know what the city residents can benefit from this new campus. jobs: well, as you know, we're the largest taxpayer in cupertino. so, we'd like to continue to stay here and pay taxes. that's number one. woman: okay. [ laughter ] jobs: because if we can't, then we have to go somewhere like mountain view and we take our current people with us and

. >> rose: same attitude as steve jobs. >> same attitude as steve jobs. >> rose: where's luxury todayat's the new thing in luxury? the new approach? >> it's completely different. things change -- clothes cars kitchen appliances, technology, everything changes it's a completely different world. so luxury, have to respond to a whole different set of criteria. we're no longer concerned with the traditional trimmings of luxury. in hotel gold buttons, white gloves, sterling silver, fine bone china. people don't care about that. >> rose: what do they care about? >> simplicity, being made to feel good -- >> rose: and at every turn there is quality. >> everywhere you turn. but i think that that luxury doesn't bear a relationship to how much something costs. it bears a relationship to how special it makes you feel. and when i feel you in that special place which is hard to define but we all know, and that puts it in a bot. >> you paulk into an edition hotel, this is where it's going to be. you can't be any better. that's a tiny little landmark in new york city. >> one of the reasons we were at

that is what steve jobs said in 1995. today, there is an estimated 18 million people who code either professionally or as a hobby. but for the rest of us computers are opaque. even as they power everything from our cars to coffeemakers, many of us understand little of how they work. this week, the editors of bloomberg businessweek magazine hoped to change all that. their new cover story is an essay on code. it seeks to explain the inner workings of computers, apps, and software, and provide an inside look at the lives of the programmers who build them. at 30,000 words, the essay takes up the entire issue and is the longest article the magazine has ever run. joining me now is josh tyrangiel, the editor of bloomberg businessweek, and paul ford, the author of this piece. great to have you. so just tell me how this all came about. josh: it came out through ignorance and a lunch. which is how many things come about. [laughter] so the ignorance is mine. i have been working on a website for 12 years. to be charitable, i understa

this may be a steve jobs moment for jack dorsey. twitter announced dick costolo is leaving and will be replaced by dorsey. dorsey was one of the company's cofounders and he is returning to a job he was put out of in 2008. just as jobs was returning to apple after he was forced out. we spoke with the saudi prince in the ipo.sted he said the copy would be a force to a record -- reckoned with. have a billionto dollars of ebitda. we have [indiscernible] doubleclick. are integrated well they are forced to reckon with. scarlet: he says he believes twitter should remain a public company. consumer half finance risen more than forecast. get it to the stronger job market. scarlet: prices at the wholesale level rows of the fastest pace in the most three years. they were pushed higher by a sharp jump in the cost of gasoline. , coree of increases inflation remained moderate. the index was up by .1 of 1%. that is a look at the top stories. coming up,. alix: weighing in on the 2016 presidential race. when he has to say about scott walker and jeb bu

when steve jobs had the imac computers everybody thought it was a niche market.he was doing has become the future of technology industry. i think elevated experiences is the future of the hotel industry. charlie: elevated experience. ian: something special, something unique. you choose a hotel because it is a fun place to stay, not merely because your travel agent put you there or because of the price point. that is a size seismic shift. that is something that arne recognized. charlie: this is to promote the idea, this is one of the rooms. it gives me some indication of what is going on. here is another room. what you want me to see here? ian: a guestroom done in a sophisticated way, decorated by a like a home. all looking the same but perhaps in a different color. very distinct. it stands out. charlie: you say the same thing? this is? arne: miami. our next one is in china. charlie: you are unusual in that in the marriott corporation you're not a son. you're a lawyer. arne: performed. charlie: this is the book. you will see pictures of the 1970's, which was an in

steve jobs action tried to buy dropbox and drew said no. interesting from that meeting between the two of them. dropbox today is still a standalone company but as you said, there are other companies like box and microsoft that are catching up here at we will dig into that a little bit more. alix: good stuff. looking forward to it. thank you, emily. more coming up at 4:30 p.m. eastern. and studio 1.0 tomorrow. up ahead, lie a u.s. food deal has been blocked by a federal judge and take a look at other mergers that could also be in jeopardy. ♪ the latest example of a privately held tech company to get an eye-popping evaluation seen, it wasave especially astonishing. it is raising a new round of capital at a valuation of $10 billion according to people with knowledge of the matter. $10 billion, double the valuation just in december. twice what it was worth in december. the financing could be announced as soon as this week again according to people familiar with the company's plans. it has 23,000 customers in 32 locations. it essentially sublets

johnso talked about how doerr is very close to steve jobs -- was very close to steve jobs, and he hadeally great anecdote with talking with steve about making an apple car, and steve refused at the time because he was so focused on what he was doing. a lot more interesting insights interviewward in this through "studio 1.0" tonight. pimm: thanks so much, emily chang, that is tonight at 7:30 p.m. eastern and pacific. scarlet: coming up, would you spend 36 hours on a nonstop flight from newark to singapore? flight company hopes that you will. that is coming up. ♪ pimm: singapore airlines is looking to restore its a nonstop flight from singapore to the united states. the airline is in top with airbus -- talks with airbus to allow the planes to fly nonstop from the united states to singapore. the flight would run 19 hours -- 10,000 38000 miles. scarlet fu, would you like to take a 19 hour flight? scarlet: i would mind if i was flying is this class or first class for that matter, but the longest what i ever took was from hong kong to new york, and it was 16 hours and 40 minutes. -- and i f

and this may be a steve jobs a steve jobs moment for jack dorsey.witter announced yesterday that the ceo is leaving and will be replaced on an interim basis by jack dorsey. jack dorsey was one of twitter's cofounders and was pushed out in 2008 just as the jobs returned -- just as jobs returned to apple after he had been forced out. and we spoke to saudi alawaleedre prince about twitter. aleed: we need this, we need this for the market because twitter would be integrating and they should go under the same theme and move into [indiscernible] pimm: he also said the new twitter will be a force to be reckoned with. greece's prime minister alexis tsipras is saying the finances is pushing his country to the brink. international monetary fund team at negotiating with greece left after failing to reach an agreement, and germany's chancellor angela merkel says there is still hope. still, they say there is still hope that greece will he willing to implement the imposed forms -- imposed requirements. betty: confidence increased more than expected this month to

jodie foster and steve jobs. steve jobs interned at hp. parts he wanted for a project and landed a summer internship. and he met steve wozniak there. mark: and the rest is history. what about you? i had to do the intern thing, i was interning. station, at a radio jazz station. my interned there and was there for about two months. one morning, about 4:00 in the morning i got a call from the news director -- i am sick and can't go in. you have to go in and do this. i had never done it. he says you are ready. i did it and i have been doing it ever since. scarlet: i interned at the white house lawn before monica lewinsky, maybe a semester or two before monica lewinsky. no one ever asked me to do anything. up?: what is coming scarlet: we talked to an investor for drone startups. it's the next big thing for funds that need yields. mark: scarlet fu, thank you. still ahead on the "bloomberg market day," grandeur glow sticks. we take it with one of the worlds top electronic dance djs. you don't want to miss this. olivia sterns will be here, she has

let him be the more steve jobs. tom: are they selling to google?hat is the money question. >> i don't think so. if you talk to twitter, they seem to have another big iteration left to go. another big leg up. brendan: there is an ipo, but they are not really a fully grown company. >> i do not agree with that. there is real revenue and profitability. there are 300 million users. they are beyond the venture stage. the question is, are they a niche medium like facebook? vonnie: every event, it is twitter that i go on. i do not go on to facebook for an event. >> can i advertise my brand, my product echo with advertisers, it has not resonated yet. tom: did you talk to james murdoch last night? >> i did not. brendan: chris sacca's advice is that -- we are going to stick with paul sweeney because we are going to talk about fox in a second. evidently something happen there yesterday. our twitter question of the day -- how would you fix twitter? ♪ tom: good morning, everyone. bloomberg surveillance. he is 84. let's go to the morning must-read. the reality th

that's the first computer steve jobs and steve wozniack created in their garage. only about 200 remain and the remaining ones are valued at $200,000. the shop wants to thank her and give her a major payday. >>> when we come back, tracy morgan's exclusive interview with matt lauer nearly one year after an accident nearly claimed his life. what he tells matt about whether he'll return to performing. >>> the world nearly lost comedian tracy morgan last year in a traffic accident that claimed the life of his dear friend. now after nearly a year of difficult recovery, tracy is speaking out for the first time in an exclusive interview with matt lauer. he, his lawyer, and fiance sat down with matt in the "saturday night live" studio. morgan's first time back since the crash. >> you walk in this room, what do you think of? >> home. it's being home. a lot of good memories. >> i'm brian fellows. >> how are you feeling? >> i have my good days and my bad days. sometimes i don't feel well. sometimes emotionally i don't feel well. i'm really focused on my memory coming back to

it turns out that steve jobs wanted to own music.ted to own people's experiences with music. tom: "the new york times "has the story. i guy it bought this for a couple hundred box. -- box. this is john lennon's. this is going to sell for under a million dollars fee here are their matching this= guitars. we have gone from that emotion to the sterility of spotify and itunes. i would suggest that apple can pick the artist and take over the business. am i wrong? sam: apple has a hundred million dollars -- 800 million cars on file -- credit card on file. it is song by song and the album. tom: taylor swift leaves in that she doesn't go to spotify. sam: she already didn't go to spotify. brendan: one of the things that we have heard is that apple is cutting harder and better deals with the actual labels. it is pressuring them to back out of the contracts with spotify. what is going on there. ? sam: there has been tension with apple in the labels because apple wanted a lower price and the labels said no. we going to charge the same price as s

we are doing music because we are music company and steve jobs loves music. the lack of focus is concerning and a big opportunity for the visit startups to do what they do best. guest: i think they are a major player in music and i think they can be a big player and it helps keep people in the ecosystem. financially, who cares. emily: why isn't apple going to be your lunch? guest: the market for on-demand subscription is relatively small. 40% spend maybe $15 and year, so they are focused on that 10%. emily: does it make a difference you've got musicians behind it? guest: jimmy is a genius and the connection is compelling. you can get closer to individual artists. we don't play in that world. emily: is it too much question mark a global radio service and they are trying to be a social network for music -- i don't get it. guest: i share the same concerns. the labels have so much control over how much is consumed. they cannot do a free tier so that is where the radio service comes in. using in general is a tough place to do anything but that is what apple is bes

he didn't see steve jobs admitting he was wrong ever. >> reporter: apple launches on june 30th. no word if she will make her 1989 album available. find fox business using the channel finder on fox business.com. >>> amazon is changing the online customer review system. saying it will cut down on phoney feignful reviews. the company has filed lawsuits against businesses that it says try to profit from selling bogus reviews. amazon says it will get mu more weight now to newer reviews. >>> still ahead a leaking fire hydrant wasting water during the drought. and some people say it's been broken for about a year. why city leaders aren't fixing it. >>> plus general mills changing some of their most recognizable serials. >>> and a car crashes into a home but it posed another dangerrer that's harder to see. why some nearby homes had to be evacuated. >>> 700-gallons of water a day. that's the estimate on how much water is being wasted from a leaky fire hydrant. alley rasmus is here now to explain why officials say there's only so much they can do about it. >> reporter: it's because there'

. >> steve jobs ran apple and pixar successfully at the same time. jack dorsey loves steve jobs.ere is his chance to see if he's been the in the wilderness not only long enough to grow the beard but to develop a higher sense of management expertise. >> a lot more to come. next up, according to reuters alibaba will have a netflix-like video streaming service in china in two months called tvo with content bought from china and other countries in addition to in-house productions. shares of netflix taking a leg down on the news in what's a rough take overall. executive chairman talked about original content rumors in november with david faber. here's what he said. >> does jack ma want to buy a studio? >> not necessarily. i want to learn from the inspiration, innovation in hollywood. in ten years we'll focus on two industries -- health and happiness. health industry which i told you about worrying about disease. happiness is that china is coming to the middle class. the u.s. and hollywood grows so fast when the u.s. grows tr from the big amount of middle class people coming. next 10,

that is what steve jobs said in 1995. today, there is an estimated 15 million people who code professionally or as a hobby. but for the rest of us computers are opec. even as they power everything from our cars to coffeemakers, little of us know how they work. bloomberg magazine new cover story is on code, understanding the inner workings of computers apps, and software. and looking inside the lives of the programmers who make them. it is the longest article the magazine has ever run. joining me now is the editor of bloomberg businessweek and the author of this piece. great to have you. so just tell me how this all came about. paul: it came out through ignorance and a lunch. [laughter] josh: so the ignorance is mine. i have been working on a website for 12 years. to be charitable, i understand about 50% of what is going on. when you talk about how you're going to build a website, with the architecture is, and i am trying my best to follow it. boy, it is hard. walt: i come from a liberal arts that ground. i hope to have ma