he loved the tech community. a majority of his investments were in tech. he really gets what we are trying to do, and we should advance his cause of civic engagement. after ed decided to run, the tech community rallied around him. in an effort today, not to lose any of them momentum, we are forming this organization called sf citi. we do not want to lose the momentum for the tech agenda in san francisco, and we think this is an exciting day for us. we heard from ed in his neck inauguration when he declared san francisco the innovation capital of the world, and that is the charter that sf citi wants to but -- promote. his inauguration speech was not just a speech, but a call for action, and the tech community is responding today, less than one week after he gave that speech. we represent the new economy in san francisco, and with this partnership, we hope to create thousands of new jobs. that will be our first quarter. -- charter. we witnessed mayor ed delete during his inauguration be the first elected official as far as we know who ever treated during the

in accidents this is done in the malls of some unattractive sedate to call main midnight blue high-techceramics the lead garlic's sell its one of our top- selling items that we made it in different colors a team of the midnight balloon this hit the market immediately resold almost all them in a hearty soul out just in the preview you have the integration and high tech ceramic in stainless steel 3/6 jean surgical grade were using on the top of the stainless steel so the contrast between the blue ceramic and the rose hall its rich looking for using sapphire crystal snap high-tech ceramics soon issue where it scratches the cent importing the dial from australia its australian there is no vain treatment in order for of the ceramic ware data for you for genuine diamonds its stake to movement here it's a swiss company for using a lot of complicated movements in gives you the additional feature as the show the blood got all it's the look garnet sell and even the case that it's made out of high tech ceramic howrah are redoing that what is holding the case that we actually building inside the wa

intra tech in from this technology. as long as people are fearful that their government take away their guns. they're going to keep buying them as long as they can. over the years as a lobbyist in the pro-gun i understood the most effective lobbying america is when you can motivate and energise huge numbers of ordinary american citizens to call and write their congressmen and let them know in no one certain times what their views on a particular issue. and frankly no one does it better than the national rifle association of america. the newspapers have dubbed him the subway vigilante the man was riding the subway saturday when for use apparently began hassling him he lay dressed suspect pulled out a gun and calmly shot all four national rifle association so what's the. right of citizens to obtain firearms lawfully the first day ever ended up on the national media as a lead story it was a pretty big news conference and that was kind of out fun high visibility day on citizens to prevent crime the thing about rich is he to

it's the growth rate we associate with tech.our's expansion is indeed powered by innovation. when you think about tech, don't assume that the category is limited to hardware, software and internet. the reason those stocks were so hot in the '90s when tech became its own thing is because they were driven by innovation. that's what matters and it's why i think of a serial innovator like under armour as a new tech company, with the stock despite its limitation can charge ever higher through better, cooler and more useful products. i just wonder whether they'll develop a hoodie that will allow you to dump gatorade on me, and i don't feel it. rob in tennessee. rob! >> caller: boo-yah, jim, from music city. >> i like that. yeah, 13,000. i like that. it will bring new people into the game. that's what we need. what's going on? >> caller: you talked recently about luxury retailers like coach, fossil, tiffany, michael kors, nordstrom, ralph lauren. i would like to add another name for your thoughts and consideration. you talked about the

if he ran, the tech community would support him. what you are seeing today is just the initial launch of the activities where the tech community will organize and partner with the city of san francisco. one week from today, the tech community will announce what it is going to do, in an organized fashion, to support what is happening in san francisco in the city, and with the efforts that code for america isn't leading. we are truly going to bring had a tech culture to san francisco. it will be very exciting. san francisco is lucky to have a code for america, ed lee, and especially our new chief innovation officer, jay knapf, who will speak now. >> thank you, mayor for the opportunity to serve as the chief innovation officer in the city. in my role, i plan on strengthening the partnership with our technology community and city hall to rediscover the digital age. we have discovered so much through our civic hack-a-thons and other things that we have done. this is a great example of harnessing the on deprenyl spirit in the city and rea

it's high-tech. and we -- and the u.s. is in a wonderful position to kind of drive that all across the value chain. and i think dupont is doing a lot of that. you look at energy which is going to be a big sector. you've talked about this, bruce. the secretary talked about clean tech and so forth. that's a massive shift. health care. i mean, health care, fortunately or unfortunately, is going to be one of the biggest businesses of tomorrow given the demographics. a lot of the advanced industries is what's going to be there to make it productive. and we're seeing a lot happening on that side. and then logistics and transportation. this is the country that invented airline travel and travel -- you know, all this sort of thing. that whole sector itself is moving forward. so with these forces at work that we see there, the amount of business opportunity which is going to be created and driven through this sector in particular is math oth. it's a different type of multiplier effect than we think. we all know the old stories of t

for each category, 5 tech fellow awards will be permitted. to be fair, ask everyone to hold their applause until all the winners have been named. i always find it difficult, so i apologize. tonight, we recognize the men and women who have revolutionized the way we communicate. the rest of us will populate what they invent with videos and dancing babies. they will be only the third class admitted to the fellowship. the winners will invest over $2 million. this event honors the creative individuals to this great -- displayed courage in pushing the envelope and believing the genius of their own ideas. the world needs more of you. without further ado. san francisco is, of course, famous for many things. there are cars, the golden gate bridge, alcatraz, the forty- niners. it is known as an incubator for innovation. more than 500 technology firms call this city home. a major reason for this is the welcome and support the city gives those who are willing to take big risks and think different. tonight, it is my honor to introduce a man who is a great

tech going the other way. eric green to robert brown but mason plumly trailing on the play, get that stuff outta here, he says. 15-point lead and that would be the deference in the game. duke wins 75-60. virginia tech now 1-6 in the acc this season. that will do it from here. indianapolis starting to get a little chilly. i think we need to get off this riser. >> it is a little chilly. it's try to play some football and go inside the stadium. >> i'm getting pumped up. >> let's go. >> two more days before the game. what else is coming up? what's tomorrow? >> we've driven race cars. >> giant donuts? >> you need to do that zip line. >> yeah. >> let me say this, please, y'all read my lips. we are not doing a zip line, okay? it's not going to happen. >>> all right. well, congratulations. in a minute it will be friday! and that is our broadcast. you made it. >> we're looking forward to it. the "tonight show" is next. good night. featuring rickey minor from nbc's "the voice," country

virginia tech struggling this year. the final secs and they're tied. eric green going for the win and his shot off. a great second effort for the win and that is no good. into overtime and for seth greenburg not and by 3. look at seth curry, a game high 19 and fifth-ranked duke over them in overtime and tied 12-2 in the acc. >>> we need other tv time out. when we come back here, can three but can't feed. -- hide.  >> welcome back. dave feldman was in florida for spring training. he had a opportunity to talk about his future to everything like his elbow. >> reporter: when you think about the nationals this season, you think about piping. when you think about the nats pepping, you think about steven straussburg. 18 months removed from tommy johns surgery and now raring to g. >> i feel good. obviously, it's early, so, i am on a great program here with the nationals and, you know, i think if i keep working hard and focus on trying to get better every day, hopefully i will feel as good as -- at the end of the year. >> seems like yeste

take care. >> from big tech to new tech, netsuite soaring.ould this cloud company be an up and coming titan? joining us now the ceo. zach, i was looking at your numbers. incredible. the quarterly numbers, 2011 numbers, amazing growth. huge, big gains. do you think you can keep that kind of momentum going? >> well, we certainly hope so. you know, the rush to this cloud computing trend is happening across the business sector. and we're a huge beneficiary of that trend. >> okay. so 2011 operating cash flow up 99% over 2010. you reckon you can keep ongoing at that kind of speed? >> we're looking at 50% cash flow growth in 2012. looking at growing the top line between 25% and 27% while continuing to grow the bottom line. also investing enormously in our company. we're going to add about 500 employees this year. it's good to see some of that top line growth fall to the bottom line, but more importantly focusing on growing the top line with more sales and development hires. >> i'm trying to find a hole in these numbers. i've been going through looki

big tech a big part of this market run. some of the biggest names rising from the ashes like a phoenix. but on microsoft, cisco and others set to fall back to earth. and i think we can forget the big boys for a minute. it's stock screener friday on "street signs." we have five mid cap names, low p/es and no debt. those names ahead, mandy. >> indeed they are. good afternoon, everybody. i'm mandy drury. happy friday. the house and the senate get it done two weeks ahead of the deadline. they've passed an extension of the payroll tax cut through the end of the year. the measure now goes to president obama for his signature. meantime, u.p.s. is trying for a $6.7 billion acquisition. the company botched by tnt express but discussions are still going on. and fresh from the collapse of a deutsche deal, sources say nyse next is among those to put in a bid to buy lme exchange. cme group also among bidders. >> we've been on a great run lately, but since it's almost friday the 13-k, we want to look at spooky similarities between this m

this is good for tech because they're buying a lot of tech. i think that's the kind of thing that offsets that weakness in government that we just discussed. but these businesses aren't as inherently a good business model as google or apple. >> right. >> and they're selling it at preposterous multiples. that of google and apple. i think what happens there, tyler, is that the business is segregated and there are too many managers that are just small cap or mid cap and more or less have to buy these things or they're going to lose their jobs. so they buy them. and then eventually it's like the road runner movie where the coyote figures out that he's at the edge of the cliff and all of a sudden the valuation collapses. but a lot of these -- >> quickly -- >> linkedin is a good business, it's just too expensive. >> sorry to interrupt you, but you said those were preposterous multiples. is that yes or no for facebook preposterous? >> the low end of the discussion range $75 billion, no. if it trades at $1.25 on the first trade, yes. >> i think -- wel

natural gas is very low. >> you're not going into tech? >> we've owned tech.icrosoft is at ten times earnings, probably up 25% year-to-date. we're sticking with it. cisco didn't have a great number, the stock isn't doing anything. i think the tech trade is off. up 13% year-to-date. >> good to see you, steve. and thanks for joining us, brian. >>> we head toward the close, the dow is up just 14 points, but the nasdaq has the better percentage gain right now. >> 13% year-to-date. >>> up next, he was one of the last holdouts on the mortgage settlement. eric schneiderman explains why he finally signed on to this deal. >>> shaun donovan tells us what relief distressed homeowners can expect from this deal, coming up next hour. >>> take a look at the banks and how they are trading. back in a moment. >>> but first, before we go to break, the "dividend." which small cap stock is the better performer this year? coin star, hot topic, or jamba? the "dividend" pays off after the "dividend" pays off after the break. eate it. >>> just before the break, as part of the "dividen

ironically, a weak economy is one of the factors powering the tech boom. many companies are hesitant to add to payrolls, so they are spending their money on technology to boost productivity of their existing workforce. and wall street is upbeat about technology for another reason: the upcoming arrival of microsoft's window's 8 software later this year. >> we think that a lot of corporations have pushed off upgrades for a number of years at this point, so we think that windows 8 being released this year is-- whether this year or next year-- going to usher in a pretty significant upgrade cycle. >> reporter: increasing investment in technology is not just a u.s. trend. sales are booming in china and other emerging markets, where mobile phones and tablets are in hot demand. >> we've basically tapped, let's call it 600 million people in bric countries which didn't used to have access or the ability to use technology-- they're now buying iphones and android phones and they are on facebook. >> reporter: that's part of the reason the fund's top holdings are apple,

he and 18 after a tech free- throw, the decent look. no! tech rallies to beat maryland, 63-61. virginia tech, they need wins badly to get into the ncaa tournament. played like it today. overtime, hudson stepped back, and money anti-a thing. that ties it at 64. this game had 14 lead changes. couple free-throws by duke put them up by three. green not doing it. duke surviving, 72-jive in overtime. some drama in charlottesville, three minutes to go. this is virginia' john evans with grant theft. orange and the scoop to the hoop. that made it 52-51. on the other end, here comes carolina. he says dunk me, baby, one more time! carolina survives, 54-51. let's talk some baseball now. ryan zimmerman's been the face of the gnats franchise since he came up in 2005. he put together elite numbers in 2009, after his last contract negotiation. now he wants another and he might likely get it done immediately. and i mean immediately. zimmerman has stated he wanted to get the extension taken care of by the end of today. his agent and nats gm continue to hammer through details, a no- trade clause.

what does it mean to be a "k in tech?" the new program in silicon valley to encoure new details around whitney houston's death. where she was found and what happened. >> and the new video of houston's last performance on stage. an impromptu duet at the pre- grammy party. >> and what does it mean to be chick in tech? supporting women in technology. >> i'm dana king. >> that i'm ken bastida. the sudden death of whitney houston cast shadow over the grammy awards but the show must go on as they say. >> tonight was part remember that part celebration in what they houston's death. jennifer hudson paying attribute at times needing to buy back tears as she sang the song will forever be tied to whitney houston, i will always love you. >> the grammys proved they will always love whitney houston. >> jennifer hudson took the stage to remember the six-time grammy winner. the 48 -year-old music legend was found in the bathtub of her beverly hills hotel room on saturday. host ll cool jay kicked off the show with prayer. >> avonlea father

switch to tech. google's addition of the phone industry, that is driving their share higher. a price target for sarah lee of up to $24. and lastly, it's a historic day, apple hitting an all-time high, and berth a will have interesting data on apple and make sure to watch out for that those are the stock movers. back to you. >> you may have seen the graphic a moment ago that they halted trading at the group in oil, what is that about? >> it's not just oil futures, it's heating oil, and gas oil as well. traders that are left on the floor are in panic mode, some of them have positions on and are unable to get out of them. what the cne group is saying, they were halted due to a technical glitch and they are trying figure out what is the cause of the glitch, the factory mains that all day and session orders, will be cancelled. they will settle prices based on the trading floor information, they are doing it old school way, they have to do the paper trades and figure out what the settlements are, and they have been delayed as a result. they are looking for, and they are hoping that

nasdaq day in, and day out, is the winner, with money moving into tech. what's going on?>> as a director of nasdaq, i'm happy that you mentioned the other stock market. >> right. >> the -- we are on the cusp of some of the most important and q technology trends in my lifetime. and you mentioned skype. skype resides, for instance, at the intersection of two of those, which is mobility, or communications defined very broadly, and social networking. let me talk about the communications piece. the wireless broadband is by far the biggest technology trend i've ever seen. there are more connections to wireless devices in the united states today than there are people. >> wow. >> i've never seen a market that's bigger than the population. >> big statement. >> in the world today there are 4 billion devices, 5 billion subscriptions to devices, there are -- and that's a per capita market three to four times the size of the pc market. it's the use of the network that's growing at 100% per year because of the devices enabling people not just voice, not just e-mail and text, but also

by the way, when he says dinosaur tech, i think he just means old tech.'t think it's a dinosaur in terms of actual technology. but when you look at microsoft, cisco. >> ibm. >> these have been the leaders the last six months. not google or oracle. i think you want to continue to stay with these. i completely agree to him. but we have some bad trade data out of germany today and a lot because they weren't exporting very well to their neighbors because of austerity in places like italy and spain. very curious to hear what cisco has to say about international spending. >> final trades when we come back. to think about your money... ♪ that right now, you want to know where you are, and where you'd like to be. we know you'd like to see the same information your advisor does so you can get a deeper understanding of what's going on with your portfolio. we know all this because we asked you, and what we heard helped us create pnc wealth insight, a smarter way to work with your pnc advisor, so you can make better decisions and live achievement. [ leanne ] applianc

we're joined by jon fortt and because we're talking about tech and tech cities, who are you voting forwhat do you think? >> well, i was all ready to just go new york. but then i looked up some stats and heard mary in boston. it's tough. by i have to give the edge to new york. >> okay. new york. >> i do. it's close though. a lot closer than i thought it would be. >> i would stay away from mary thompson when she's back in the studios. she's tough. >> simon, what do you think? >> i'm biassed. some of my best friends are amongst the start-up and technology. i know the efforts that blo bloomberg's making. i got to vote for my friends. >> in new york? >> sorry about that, mary. >> sorry. it's a bias. >> i think it was the kick. i think it was the kick. >> so you were going to break the tie, but which way would you go? >> i would hold it for you if boston would win. >> we cannot be bribed. go ahead, brian. >> part of me is like i made the kick, part of me didn't care if we won the segment or not. i also wanted to say we did ours in a minute. mary and "street signs," you have to come in on tim

mayor lee, you quoted the tech industry pretty heavily during your campaign. i do not know if it is properly referred to as an election campaign or a reelection campaign. you formed a task advisory committee at that time. i am not clear if they are still in existence, and if they are what advice you are getting from them. >> it is very much in existence. sfcut -- sfcity is a group of 100 technology companies who have formed a new relationship that is almost considered to be a technology chamber of commerce to advise us on a number of things. they set out, consistent with my priorities -- they wanted to start creating not only jobs they are already establishing, but post them in a way which could be reached out to all san franciscans who wanted those jobs. that was the number-one thing they did. the second thing they are hoping create is unemployment training center, where the skill sets of this technology companies are being identified. that still set will be the center of that training center. the employment training center -- they are finding themselves. the

actually apple is one of the biggest tech lagers given the earnings revisions.ayed reaction we should have seen the last couple of quarters. i think there's more room to go. >> what is your take on what's happening at google, amid reports of a new entaintment system coming, you know who the direct competitor appears to be, apple, who they have their sights set on. what do you think about google's prospects going forward in a year where they've lagged some of the other big tech names. relatively speaking the performance is weak. >> i think the stock will be rangebound for the next six months. the biggest reason is motorola, has nothing to do with google's fundamentals. at the end of the day investors don't want google to have the big hardware business. as much as you want to separate those two worlds it's on every investors' mind. the fundamentals are the fundamentals are great but they have to deal with this motorola pr issue. >> gene, a quick question about apple as far as when you look out and you're worried about anything about apple, you have a 670 target. i

. >> besides tech, the biggest part of the s&p, nearly 20%. the financial stocks, the second biggest component, also big leadership. look at the nice big moves here. this really moves the index. this really helps things overall. there's my take on the whole thing. i like our data. >> technology the largest portion of the s&p. last time it was financials. gotten smaller. thanks, bob. brian shactman with the movers and shakers at the realtime exchange. >> echoing some of what bob discussed, pretty much everything in the green except for mcdonald's and j & j, chevron, everything else in the green. microsoft touched a new high today, and went over that $30 level. it touched a high of $30.05. we've been here before. i can remember three years ago at the nasdaq talking about whether it can hold 30. we'll see what happens this time with microsoft. a quick look at some of the financials. beyond what bob said, take a look at the insurers. american international, aig and hartford up 4% and 6%. citigroup had an upgrade today. bank of america the best per

that of money into tech continues into tech. >> let's bring in bob and find out what the triggers have been talking about today. this rally. >> we have held up very well. >> exit's halted for material reasons. may or may not open today. his family and all the employees. you pointed out we're right near new highs and a number of indexes put up the dow. we're going to that's all swre to get higher than to beat the old highs. nasdaq, 2873 as well. the retail index as an historic high. and home build iing at a 52 wee high. i know facebook is everybody's obsessi obsession. ten ipos are coming. caesars is back. they own harrahs and caesars and other casinos. >> i just wonder with all of the ipos is that going to put pressure on performance? >> i'm not sure that it is not that overwhelming. >> we were bemoaning the decline in volume and i said perhaps we're heading towards a new normal. i was wrong. we're heading back to the old normal. bear with me in a moment. we had a spike during the crisis. it peeked in '08 and it has been coming down since that time. how it goes back to the 0s. more tel

>> big news here in tech, simon.isco basically suing in europe to stop microsoft's acquisition of skype. they say their end goal is not to actually stop the acquisition, but to get europe to attach conditions to it. mainly they want europe to make sure that skype is interoperable with other video calling systems. cisco has several of these itself. its telepresence, tanberg, they want to make sure that various systems are able to talk to each other. microsoft has bought skype and is trying to integrate that consumer product also with its enterprise link offering. talking to people in the industry here, this is a very interesting move from cisco. especially because cisco's products in video conferencing haven't always been the best at interoperating with others. but europe did atta tach a condition to cisco buying tanberg, saying cisco had to interoperate. saying what's good for the goose is good for the gander. >> josh brown, we've been here before with rulings for microsoft, have we not? >> this is what microsoft has

it was gun control that contributed to the tragedy at virginia tech thank. gun free zone is course what we're talking about that has to go we've had it with creeping gun control no more gun control get rid of virginia tech problems by get getting rid of gun free zones don't get rid of more people keeping guns out of the wrong hands that's. what is helpful is arming the population so we can shoot trucks thanks. but i'm a scholar goddard i'm twenty three went to virginia tech in two thousand and three found myself on april sixteenth sitting in class and that's when my life changed. the gun laws in this country are we at virginia tech happen as a result the brady campaign has a mission to enact sensible gun laws to help protect americans. brady campaign didn't ask me a common words that i wanted to go work for like tell me what exactly is i mean with it was that. i did a six month internship with brady so came in to meet with the brady campaign office today and i come back at them full time as a full time advocate on the hill talking to the congressman i've tal

that was put together by tech leaders.d lee shows up to all kinds of tech things and he should frighten civic leaders in san jose. he's landed a lot of companies. >> all right, scott. we will keep our eye on that one. >>> compliments of a unique and awkward web series a recent graduate from stanford may get a big-time shock at hollywood. >> awkward moment. >> what's the protocol for repeatedly running into someone at a stop sign. >> hey, i totally didn't see you. >> i know, right? >> her name is isa. she created the online show of the misadventures of awkward black girl. she focuses on funny experiences often centered around multicultural relationships. i'm not 100% awkward. i'm 30% awkward. i experience uncomfortable social situations and i knew i couldn't be the only one. >> while she shocks so many people love her series and she's getting ready for season two of awkward black girl and she's being looking for funding. ultimately, she wants a network like hbo to pick up her series and give her complete create of control.