. >> logging on to london, it is tech week. we bring you an exclusive conversation between oris johnson and michael bloomberg. good morning. welcome. you are watching "the pulse." write to our top story, we begin with the escalating violence in iraq. the military has stepped up attacks on the insurgents who captured large chunks of territory north of baghdad. those militants have posted graphic images online that appeared to show them executing iraqi soldiers. the country is on the brink of civil war. >> the iraqi government is trying to fight back, reporting they have killed up to 300 militants, mostly using air power. the insurgents still control the second biggest city in the country with a population of 2 million people. they still control an important city from a strategic perspective. the former hometown of the late saddam hussein. the insurgents control part of the pipeline that goes from the oil fields in the north up to the mediterranean port in turkey. an interesting picture. no real change to the physical supply of i

for a time and now an investor in many bio tech and health tech companies. so, this is the perfect story for you to discuss. i'm sure you've been following this, but how closely have you been following a potential iwatch from apple? >> very closely and i'm very, very excited about this. let's talk about it from a physician's point of view. 50% of all health care costs are due to lifestyle choices. why does that matter? well, 30% of americans are obese. 50% don't get the proper amount of exercise. if you have more than one chronic disease, costs seven times more to take care of those patients. measure, reward, and you'll have good outcomes. we're thrilled about this. >> scott, what are you hearing from your sources in the supply chain, and elsewhere, about an iwatch, or whatever it's going to be called, and whether or not it's coming this year? >> well, look, this is something that we too are excited about. not only because we actually think that it's going to happen and it's going to happen this year, but also because time and time again it seems like this s

a lot of tech stocks down of late and had a hit. this might reinvigorate investor interest in the tech companies. >> on the flip side, the fear this could be the deal that actually kills the market, because it will sop up so much demand from the buy side here. when you think about precedent and you think some of the biggest ipos that have happened, they've pretty much come to the nyse. gm, $21.10 billion. visa, $19 billion earlier than that. also traded here at the new york stock exchange. twitter smaller, the one that gets referenced. nasdaq doesn't really have that much experience with giant volume when talking about some of these massive deals. >> absolutely. this is going to be $26 billion, they think. may raise at much as $26 billion, a huge amount of money. interesting here is there isn't actually very much stock available. there might not be much. wait to the twitter ipo, most of the stock available what yahoo! has to sell into this. is required to sell its stake into this offering. otherwise, it's not clear how much stock wi

we want to see from the community benefits narrowly down on the policies and idea we would like the tech companies and the companies that participate to help address and actually coming up with specific proposals that was great and i also appreciate it was a different type of set up it didn't allow for the best type of dialog it is great to have one room with small table conversations with folks so thank you for being here >> thanks for having this hearing i really wanted to acknowledge peter and tiffany's condominiums so market street for the mass is a collective voice for neighborhood residents in the mid-market and south of market neighborhood we've form and response to the is significant investment in 2012 and have 28 members so we wanted to talk about two things one is a so you have packet with all this information there is a letter that went to the city fester on may 1st with specific recommendations some have been covered by tiffany and peter. we would really like to see more timely documents for meetings and a longer process for the cb a process that allows the community to weigh

due to tech. terms of thein rate of hiring.aster than hiring in new york and california, which is the hub of silicon valley. and of course, technology -- a nuclear reactor a you bring the talent, the pool of talent and universities. complementary industries. also, the demand the customer base. medical companies. government with a big data and the analysis of a big data. all of the cultural diversity. >> boris johnson was talking about it. very excited about that. >> i had not heard about that he. >> i had heard of the tech old. -- hub. chris is not just a u.k. thing. there are hotspots. >> there are. it has been discussed at every big web summit i have gone to. berlin on the agenda. new york, of course. founder of bloomberg, michael bloomberg talking about the emergence of new york. what london needs to do to foster the growth is making sure we have the infrastructure. they are doing that with the crossrail. .e need broadband broadband is not quite fast enough. and also mobile. we have dead spots. how can you not have signals i

tech week starts today.e people will come and attend all the events and really participate and be proud that meetingand london are this new economy. >> thanks for joining us. don't miss our exclusive conversation between mike bloomberg and mayor boris johnson on the fate of tech in the u.k. we will bring that for you in the next hour. we are back in two just two minutes. ♪ >> welcome back. still with us for his views on the top market stories, the joins uset strategist from switzerland. thanks for sticking with us. a lot of m&a and the markets. buying anu.s. company irish business partly because of operational reasons. partly because of tax incentives. are you looking at that with interest? are you looking for more m&a there? morertainly we are seeing within the farmer sector. we are looking at the scenario .here we see pocket of value in the biotech space. we see pockets of value in the oncology space. i think the trend we are getting with him in a very encouraging. it's a sign companies are finally startin

to the tech companies, they're not telling us what the curriculum should be. what we're saying to them is help us afford the i pads, the wireless, the stipends for the teachers and we're doing that with new funders who are coming to us. she's going to be driving how the technology's integrated. we're not buying anything from the vendors that we don't want. we're looking at our own curriculum and then picking and choosing from the marketplace what are those apps that work. i will also say we are working with a lot of the tech companies around -- we made a decision this year to be multiplatformed so that we aren't held hostage just by one company. so, you know, the google chrome books are becoming much more affordable and we want to support both chrome books and i pads. we're in a good position. to say this is our plan, our budget, you need to look at how you can best su por it u.s.. i think we're going to get stronger and stronger at it and not just do a massive implementation over night, but at a certain point, now that we've done prototyping we have to go fas

this week, some tech companies are launching a new public

these tech shuttles take people to the tech jobs down in silicon valley. they had been using muni stops freely until muni drivers and riders started complaining they were getting in the way. so the city made a plan to allow them at some 200 stops and charge them a dollar each time. it's an 18-month pilot program beginning august 1. they will eliminate precious parking spaces. >> what we are trying to do is make sure our transportation that we can move more efficiently and only affecting less than .01% of all parking. >> reporter: he is sure to hear an earful today. this is video from a recent protest by people who resent the commuter shuttling blaming tech workers for the city's gentrification and rising rents. there is an online petition trying to stop the pilot program and there's a lawsuit against it. we'll hear from. some of the people who are upset about this -- we'll hear from some of the people who are upset about this in the next half hour. >> they are not popular. how much money would the city make on this program? >> reporter: yeah. there is mone

tetra tech and the navy declined our interview request. bowers and andrews along with two other former employees are now suing tetra tech for retaliation. it is part of a whistleblower lawsuit contending they were fired for speaking up. tetra tech has filed an answer denying those allegations. more to come in the weeks ahead. >>> up next -- >> are you happy with the results that so far very little has been done? >> i'm concerned. >> we investigate the enforcement of california's fracking law. questions about state regulators and following the rules. >>> got a story for nbc bay area's investigative unit? call the tip line at 1-888-996-tips or e-mail us at theunit@nbcbayarea.com. >>> it's a national debate that is playing out right here in california for the first time in state history we have a law that tracks and regulates the controversial practice of fracking. but six months after that law was expected to take effect investigative reporter steven stock found it is not being enforced. >> reporter: at first glance st. andrews gardens apart

tonight the growth of high tech entrepreneurship in india. instead of fleeing for silicon valley or new york many indian tech entrepreneurs including those who are educated and worked in the u.s. are deciding to build businesses in india. they are focusing on the growing indian domestic market and looking to compete globally and some americans are following there. i reported from india and we initially aired this report in february. this city of more than 10 million people long has been known as silicon valley in india, a place where leading companies export jobs. that lesson has not been lost on indian high tech entrepreneurs, many of whom have faced visa hurdles in the u.s. despite dealing with rolling power outages, rampant congestion and corruption of a developing country many of these indians are returning home after being educated in the united states. they are benefitting from a culture change around startups and convinced that india presents a unique set of opportunities. >> they are really going after moon sharks. >> reporter: an ent

what can or should tech companies do to help communities like east aloe alto?i joins me in the studio. john has lived in east palo alto for 14 years. people don't realize that unless you're coming off the freeway, you literally drive through east palo alto to get to facebook. it is right there. it's a separate city. >> the 101 dissects our community. we are right in the middle of it all. >> how would you describe housing prices in east palo alto today? >> during the foreclosure crisis come our housing prices went $650,000ak in 2005 of down to below $100,000 and they are back up to the rate before the crisis. we have seen astronomical inflation in prices in just three years. >> how much pressure is this putting residents? >> it's tremendous. it's the worst i have seen in my 14 years in the community mainly because there has been such an infusion of capital. mostly people are buying up properties with cash. you cannot compete with cash. >> what can be done about this? >these are childcare workers and massage therapists and day care workers. east palo alto is very

it's one of the ways tech companies are showing their colors. apple raised the pride flag just this morning above its headquarters. inside, distributing these shirts to employees who plan to walk in the pride parade. closer to the san francisco parade route, final touches on floats, from big tech companies like facebook and google, all part of an effort to both reach out to the lgbt community while also trying to smooth over the relationship between tech and san francisco. >> i think it's become more of an international issue and so while we've seen a lot of domest domestically, there's room internationally. >> reporter: typical for tech, the touches are creative, facebook dressing up its campus, virgin america having fun with its recent youtube success. >> going to be on the float, if you take how it looks there, we redesigned our float to match the interior of that, so it's going to be really neat looking. we were able to get 9.5 million people, almost 10 million people to view a safety video that they don't want to watch on a plane, to be wat

looking at how tech is changing the future of health care.of five adults take a combination of prescription drugs and over-the-counter supplements. how often are they taking a properly? san francisco-based mango health howdeveloped an app on medications could be interacting. they just raised a series a round led by kleiner perkins. dr. beth seidenberg just with us. of mangod the board health. what did you see in the company? thanks we saw an opportunity to address a huge problem. they just don't take their meds. ofyou look at the cost chronic diseases and not taking your meds, it's in the hundreds of billions of dollars. it's an enormous problem. we see this as an opportunity to have a mobile platform that can engage people. is a spectacular entrepreneur who took his experience in mobile gaming and moved it to health care. >> tell me about that. it used to work in zynga and the gaming community. you intricate it some gam ification into it. >> it sounds crazy but it's actually quite similar work. our focus is building products that consumers w

in terms of the amount of tech space. my question is more strategic in the sense of how it's being applied today and knowing what space is being used by what sector or type of real estate it is, as we think about future, whether we want to keep that space as it is utilized today or as we look at in the future do we want to change it because we could upgrade it into something else so it's more strategic. if we were to think about the industrial warehouse space, would we want to say that leasing out to more tech tenants, as an example, not the only usage, would be a better use of that space. let's try to figure out how the keep the revenue not what it's been, but the components of the future differently and thinking about the portfolio in a more strategic sense. >> we heard that question at the last hearing and we'll have to do homework on that to identify really which port funded capital upgrades might yield the best return to the report so stef will have to come back with that item, but as it relates it'll be on these sma

are drawn to do business here. >> not only does london need tech, but this is where tech wants to go. one of the reasons of the diversity of the two cities, if you're going to build products to sell to the world you need to know about the world, you need to show to the world and ask the world what you want. they live here and they live in new york more so than any other city. >> troops in the north extend over the oilfield. they're holding the fourth largest well from islamist militants. for more on the battle i am joined by elliott stockton, who is in tel aviv. of tell us about the latest on the tensions and violence over the weekend. >> the extension of the kurdish militia, as it is known to cover those oil fields to defend this front line between the semi-aton a miss kurdish region in the semi-autonomous kurdish ision in the north -- this really a direct response to what happened last week. they filled the vacuum left by the iraqi security forces. some plea -- 100,000 military troops simply melted away. it it was a humiliating and devastating defeat. with more than $400 million in

now, the tech giant plans to bring the internet to lands far, far away. the wall street journal reports, google will spend at least $1 billion dollar dollars on a fleet of satellites that will extend internet access to remote parts of the world. the spending tab could reach $3 billion. facebook is also attempting to bring the internet to far away places. a union battle stalls public transit in san francisco. thousands of workers called in sick yesterday, shutting down significant portions of the city's cable car operations. members of the san francisco municipal transit auhority are not allowed to strike, but can call in sick. the union is fighting a recent contract adjustment that gives them an 11 percent raise over two years, but cuts pensions by 7 and a half percent. a union official says the city proposed "unreasonable takeaways in wages and benefits highest wage in the land... seattle paves the way for higher wages. it's city council voted to raise its minimum wage by 60% to 15 dollars an hour over the next 3 to 7 years. 100,000 people or a quarter o

let's talk tech.ded.s been enables you to touch up your portrait pictures of your smartphone and tablets. you can get rid of some lines and wrinkles here and there. we have more. >> good morning. the joined by one of cofounders. this became available. is this going to be the next thing that we will be able to facetune ourselves. >> we look at social media and it way people use the name, is being used as a verb. hopefully we're on a good track. this greatdriving business? >> is it people taking selfies? people care about how they looked online. we are based on proprietary technology that other products them have. four of my cofounders are computer science phd's. that is driving user satisfaction. >> they make photoshop. >> photoshop is more desktop oriented. they're moving more to a subscription model. we are really mobile first. that is our first product. that is where we are. financed and you would to raise more funds. what kind of money are you looking at? we don't takehat any of this for granted. a

one of the fastest growing tech markets in the world. we are talking about a company that is only four years old that already sells more smart phones in china than apple. we will be taking an in-depth look at their charismatic leader and its ambitious global land. i want to bring in my editor-at-large, cory johnson. his article is the centerpiece of this week's global tech issue of humbert -- bloomberg businessweek. spent 10 days there. that is a long time. this is a company that is called the apple of china. is it really? >> i think, in a lot of ways, it is. xiaomi, in four years, has built a brand that consumers love. it has grown very fast and sold 18 million smart phones. lot of customers disappointed. the phones are hard to get. they grew the supply chain so they could fill the demand. customers are hanging out outside -- >> you have people on trains for 15 hours to go to this event. >> that's right. they are drawn to the star power of the executives. has a long career in chinese technology. he was the ceo of a software maker and is

a hot trend for humans, but now wearable tech fitness is going to the. consumer watch reporter screwly watts tells whether it will send owners barking up the wrong tree. >> step one, diet and exercise. step two, a fitness tracker. >> this helped us not just check out activity levels, but also monitor things like sleeping patterns and scratching patterns. >> part of a new breed of wearable tech that lets owners track fido's habits alerting them to a potential problem. san francisco starter whistle was one of the first to go main stream already for sell at pet smart. pet parents are expected to spend upwards of $58 billion this year alone. with wearable tech for pets growing in popularity, especially among pet parents who use similar desists themselves. but not search sold. >> they don't tell you exactly what's going on. >> this doctor isn't convinced our furry friends need their own p wellness trackers. gps and calorie tracking could come in handy, but wearable tech alone can't tell you how healthier your pet is and in some cases may tell you too much. >>

>> that hill line. >> before g tech other companies abandoned plans.y determined it would be too costly to extract the rock action less than 20% iron. it would generate an enormous amount of waste. >> so this is back in 2010. >> when g-tech first bought the mineral rights, they approached the senator for advice on how to work with the local community. >> said you need to understand one thing in particular. >> that's that the people who live up there love the area. they are passionate about protecting the resources. i gave them the advice and they ignored all of it. >> has the company come out to reach out to you? >> no. >> no. >> are you kidding? >> no. >> i am not antimine by any means. my great grandfather came from cornwell england and worked in a lead mine in southern wisconsin. this is different than the underground mines. this destroys the area. >> t tech would use a technique called open pit mining that plasts the mountain top and dig a half-mile wide trampling that could stretch 22 miles through the wilderness. >> in this area here, we have tru

so-called tech buses. this one, a g-bus. google's way of shuttling workers from the city down to its offices in mountain view. >> it's great. i take this bus every morning, and every 20, 30 minutes, and use the commute to shuttle and the buses come, it makes it efficient. >> reporter: the transportation agency says the shuttles eliminate at least 45 million vehicle miles and 760,000 metric tons of carbon from the area's roads and air each year. but opponents of the tech buses have staged protests. they even filed a lawsuit last month, against the city, to block the private shuttles from using public stops, claiming the shuttles sometimes block muni buses and cause delays. and also bring its highly paid temp workers into san francisco, which they say has led to skyrocketing rent and housing costs, eventually causing evictions of lower end tents. jerry lynn has lived in the mission since 1996. she admits she doesn't like the face of the neighborhood is changing, but is okay with the tech buses, as long as the tech companies pa

crime is on a decline we attack those crimes >> the recidivists the 9 thousand cases are the high tech crimes. >> that includes everything the recidivists we shouldn't let be getting through the cracks and they shouldn't be let out early they're if they're the persons urging the same technologies. >> the beauty you have having this work it works across the board while certainly violent crime is at the front of the bus we can look at other crimes like prostitution and gambling operations this is a very smart way of understanding what's happening they neighborhood level and lincoln things and connecting the dots and have a prosecutor that's well-informed. your prosecution is much better today because the work at the local level but there's a lot of people having to talk to one another this is how to do it in a well organized way making sense of the manhattan district attorney's office we by comparison with our small population if we have a comparable unit we'll have 25 to thirty crime 2345689 this way we're asking for 4 people >> district attorney its not only the increase in the technol

. >>> plus the fight continues over tech shuttles. hearing today that could impact your commute. >>> and happy friday, my friend. we have some changes to tell you about as we dip into that weekend. it'll be sunny and warm for today, we kick off summer time officially tomorrow. we're going to cool you off for the first official day. then we have a good-looking weekend, that eat's going to crank next week. the changes in your microclimate in just moments. >>> did you say weekend? yes, it's almost upon us on this friday, june 20th. this is "today in the bay." >>> from nbc bay area, this is "today in the bay." >>> and laura mentioned it a second ago, good friday morning, thank you for joining us i'm sam brock. >> and i'm laura garcia-cannon. a three-hour amber alert has been called off. a search for the suspect may be going on. the girl was taken last night, but she's been found safe. "today in the bay's" derek shore joins us live where the girl was dropped off, what's the latest, eric? >> reporter: well the latest is that, and the good n

we're talking about the tech giants for apple and google using so-called tech buss to shuttle workers from the south bay to the peninsula to san francisco using muni bus stops like this one in mcallister across city hall. this has been going on for years for free. the pilot program would charge them 1 per stop per day. it would get about $1.6 million for the city each year. the municipal transportation administration holding a public hearing this morning to get feedback about 80 stops in particular across san francisco that the shuttles could use. some take away parking and converting the loading magazines. the shuttles are good because they eliminate at least 45 million vehicle miles and 760,000 metro tons of carbon each year. however opponents of the program whop have staged protests filed a lawsuit last month against the city in the hopes of blocking these shuttles from using bus stops. they say the tech buses sometimes block muni buses causing delays. opponents also say the shuttles bring in highly paid tech workers into the city, driving up rent and housing costs, causing a skyro

for hospitals, wearable tech could be more than a fitness craze.ne medical center is using high-tech trackers to improve nurse efficiency. ♪ >> welcome back. we turn to our wiring the world series. this week we're looking at how tech is shaping the future of health care. hospitals are boosting patient satisfaction. nurses wear small tracking devices called radio frequency id tags. the hospital using big data software to follow the trackers accreting map of where nurses travel throughout their unit. i sat down with celebration held performance director ashley stemmons. i asked her why the hospital decided to implement the tracking system. >> there was nothing automated to understand what was happening with our care teams throughout their ships. to look at the workflow pattern and how that correlated to the outcome. we added the technology to figure out how do we pass the leverage with our care team to meet the needs of our patients. it is doing more with less and going to a quality experience base health care versus volume. that is what we are looki

truth be told, the best thing the tech community can do is to look at the larger systemic robbins. all connected. transit is related to real estate and policy is connecting to housing issues. the tech community can provide the right kind of innovation to address these issues. >> you mentioned that mark zuckerberg's wife has done a lot of work in the community. what kind of work have they done? >> his wife has done a lot of work with a local clinic. steve jobs wife helps with this program for afterschool kids. the issue is we have got to look at things from at a micro level not just macro. again, a rising tide raises all ships. i don't want to see the primary driver of the silicon economy is a negative thing, but i think i can do more when it comes to the working-class. we're not talking what the middle class and the working class. he believed the working-class and middle-class should exist in silicon valley. if they need to be there, they should be there. >> the crime rate has dropped. >> it has dropped quite a bit. there is still regular crime. we have seen quite a drop. >> san fr

navigate tech help you ?ut how you can find the hottest tickets in town next on "bloomberg west." ♪ >> i am emily chang. this is "bloomberg west." are t-mobile's colorful ceo, you will not be out of a .ob bother him doesn't if he doesn't get to run the combined company. they're trying to agree on a deal that could be announced next month. most people know when their favorite sports teams are playing. it is hard to keep track of all of your favorite musicians and tutoring schedules. -- touring schedules. discovery app.ew so, who is playing tonight? >> who is playing tonight? i do not know. [laughter] you can finde app, out. it is simple. it looks that all of your music on your iphone and tells you what concerts are coming up for those artists. it recommends other artists aced on the artist that you like. >> i'm the kind of person that will only go to a jay-z or beyoncÉ, but i don't know when it is coming. casualyou get concertgoers like me onto the app? >> we ask you to download the app. andhub have a huge bus

he is a tech and media rights are. writer.arlier on from the body and he was raging about how great the european gaming story is. how european tech is really becoming resurgence. you are less convinced about the european tech story. a slightly different issue to say the tech industry is booming. one thing we are not good at, consumer internet businesses. s, in other words. we have never been very good at it. this is the tech city thing you hear about. technology that this country is not good at and thehe one that gets all of looks at. the gaming is good. we have just never been very good at building apps. we can't fight silicon valley of that. begoogle is said to considering opening up an 800 million pounds venture capitals division in london. you think this is a bad idea. start ups going to google is like turkeys going to christmas. has one. berlin is about to get one. these vast co-working spaces set up by google. >> i'm curious to get your views on this. google says they provide -- they do not get involved. >> you have the

that you are your second half tech outlook. i'm josh lipton. >>> in the meantime goldman sachs is out with a list of tech stocks that it believes are best positioned for the internet, of all things. if you're looking for google or apple to be on that list, well, they're not there. the tech giants didn't make the cut. why not? and which stocks did? joining us is jon fortt and julia boorstin. goldman is upbeat on apple, for example, just not in this list of 17. >>> so there's some names on here like qualcomm, like arm, that are actually well positioned, but one you dial down and guess what's going to happen, we don't yet know what the driving products will be. will it be a standout thermostat? something in an air conditioner? a watch? once we see though, did you thus far, the list very much in the weeds. don't sort of bet on all of these forces, and expect them to come in of the 17, i see that five are not buys. what's your take? >> well, i think it's interesting here. we have to remember there are some big names on here like sam

stocks earlier this spring, caused in large part by a glut of tech ipos. selling. we are starting to see lean i signs of life in the group. i'm not talking how these tech stocks rebounded since their may lows or the trick semi conductors, which should continue tomorrow after intel's fabulous pre-announcement of much better-than-expected sales for the chip giant because of stronger business demand for personal computers. no, i mean the ipo window for these companies, which closed in april when it became clear ipos were killing people in the after mark, because expensive tech gains have been going out of style on wall street and that is what teams to be opening again, albeit just by a crack. what do i mean by this? some real good deals of late. i think the definitive change is a positive occurred last friday when a company called arisanetworks became public at $43 a share. it spiked 23% the first day of trading rising to $55. the first big pop. it's been less than a week, in that time, the stock rallied another 20% climbing to $66 as of today, unbruised by t

for the nyse, traditionally not the home of tech companies. this is a big deal. >> the listing fees are no joke. that seems to be a big source of income. >> this is a decent source of income but it is much more of a marketing event. you saw the exchange shares move slightly on this news that not enough that the listing decision could make a big difference for their bottom line. that said, it is a marketing thing. if twitter lists on the new york stock exchange, both of them did. it is an easier sell for them. that is why these companies fight to get these companies to list. >> what else have we learned? i suspect you probably have. >> what they did is they told the exchanges and then an hour later, they filed the update, which really just included the exchange and the ticker symbol. we reported that they were looking at baba which is seen as good luck. "ba" sounds like a symbol of wealth for the chinese people. they were looking for a symbol that would provide them with good luck. >> it is apparently good luck for the new york stock exchange.

then there's cisco that is well off its tech bubble highs.ut it's also been on a bit of a tear since november of last year. since then, it's gained 16%, but the stock is relatively flat for the year. now, the stock has been picking up steam more recently just in the last three months. that's where the bulk of the gains have come, just 15% there over the last three months. it's, again, flat over the last 12 months. and that stock carries a dividend of around 3% at current levels. then there's, of course, the biggest tech standout in the dow since we first crossed that 16,000 mark. that semiconductor giant indell. it's gained a whopping 23% during that same time frame which also makes it the third best performing stock in the entire dow since the 16,000 level. now, investors are also finding reasons to be high on this stock, especially on the more recent side of things. shares are already above where the average wall street forecast for price is. so the question is, will analysts find reasons to be even more bullish on intel? also with a 3% yie

they're not the only one adopting new tech.that says about 14% of the transactions are done via mobile. back to you. >> morgan brennan, thanks. >>> senior restaurant analyst steven anderson for more. panera is his top restaurant pick in this space great to have you with us. the traffic has been slowing since 2012. could this be the answer? >> i think it's a big part of the answer. the big part of the reason why sales have not grown as strongly is because they do have the crush at lunch. to a smaller extent at dinner. relative to more casual sit-down restaurants. as a matter of fact, it's a victim really of its own success. what panera 2.0 tries to address is getting more customers through the door and in online rather than having the customers go away. chipotle has had some of the issues, and the measures they have taken have improved sales by about 150 basis points. >> we saw the same sort of domino's, with tremendous deploying in online ordering. are you putting this in as a factor right now? will we see it filter through f i

it's thursday at the onlination tech company tree house in portland, oregon. for most companies it doesn't mean anything special, but here thursday are really fridays. tree house has a four-day workweek. >> wednesday comes around and you start to panic a little bit. you know, tomorrow is the end of the week. i've got to get stuff done. >> reporter: the ceo ryan carson and his wife jill decided to work four day work weeks while starting a tech start up. when they began tree house in 2006 carson decided to keep the tradition. >> i thought if everybody says you can't work less, let's just prove them wrong and see if it's possible. >> turns out it is. >> we have found a huge correlation between working less and being more efficient. when you look at it, it makes sense. this idea if i can strain myself to what i need to get done, yes, there is a huge increase in productivity. >> we do know that a workforce that is on shorter hours and with flexible arrangements tend to be happier, nor loyal, more stable, and all those things tend to be good for the business bottom

this week, some tech companies are launching a new public battle against online surveillance. >> we use the internet to be ourselves, but governments are building a prison around it. we have to stop them. but how? >> reporter: on june 5th, dozens of companies are launching the reset the net campaign. their message is simple. don't ask for your privacy. take it back. >> there is safety in numbers when we use encryptions and that's what reset the net is all about. it's about getting more and more people to start taking the first step towards protecting themselves and demanding that the tech companies and websites that we use take the minimum steps to protect us from government surveillance as we were. >>> that day websites like reddit and imager and the american civil liberties union will display virtual protest screen and urge people to protect theme themselves. >> folks like the nsa di dependn collecting unsecured dates a they depends on our mistakes,

the tech bus drama in san francisco is about to hit overdrive. you've seen huge protests like this one over those special shuttle buses for people who work in the tech industry. now the city is making another move in favor of the tech buses. as linda yee reports, more room is now being made for the buses and its riders affecting the number of parking spaces for motorists. >>> >>> reporter: first those techie commuter shuttles were freely using bus stops, sometimes getting in the way of muni and making bus riders mad. but the city wants to work with them during an 18-month test period, the corporate shuttling will have to pay $1 a stop. that will raise an estimated $1.5 million a year. so to make room for them, muni wants to expand some bus stops and that means eliminate parking spaces. three spaces at this stop in the alamo square neighborhood. >> yeah, i think, you know, the parking is pretty competitive in this neighborhood already. so i don't think we really need another bus stop. >> reporter: he says finding a space here is already impossible

we've seen a multibillion-dollar tech fields.ve seen skyhigh valuations for independent companies like airbnb or uber. let's talk about business. what makes this business worth anything? how does it work better? we looked at the business of companies like uber that are so loved by investors. is this just investors pursuing growth at an unreasonable price? >> that point really matters. what is good about this environment is the company is going public and getting an extreme valuation, at least in the most part, they have's substantial businesses. the company was just on here. it is very clear that companies like velpro are very substantial businesses. >> i would throw out a three printing company. an electric battery maker. >> what i would tell you is this. the news the day before yesterday that eric cantor lost his seat in virginia set back immigration policy. when immigration stops in the united states, economic growth suffers. particularly when you have china restricting u.s. companies selling to their markets. growth is going