there's tech offices popping up.how much do you think about rezoning these other burrows for commercial office development? >> i think, to begin with, it's crucial to be a five burough industry. one of the things i'm thrilled with is that's not an idea. it's a pleasant reality. and we want to support that. i think in the first instance there's a lot we can do with our xurnt rezoning. i think there may be some specific areas where there will there would be smart rezoning around live work space where there's been a great command for. and we're trying to build a super structure around that in terms of affordable housing and creating better transit options. but i would say right now we can accommodate a great expansion of this industry in a lot of our communities without needing to get to rezoning. >> speaking about this populist approach attack, i mean, since google released its diversity numbers, basically this month a year ago, we've seen the data for lots and lots of companies. it's very obvious. it's predominantly w

tech tens, there's tech offices popping up in bushwick. they think about recently these other boroughs or commercial office develop an? >> to begin with its crucial it be a true five borough industry. that's not an idea that has become up real pleasant reality. we want to support the. i think in the first instance there's a lot we can do better, rezoning. there may be some specific areas whether the smart rezoning around live workspace which event a great demand for. we are trying to build a superstructure granted in terms of the creation of affordable housing and better transit options. i would say right now we can accommodate a great expansion without even needing to get to rezoning. >> speaking about this pipe was approach, since google released its diversity numbers basically this month a year ago, w we've seen the data for lots and lots of companies. it's obvious this predominantly white, male. when i talked to tech industry leaders, while it's a pipeline problem, to what extent do you think that the racial make up of the tech industr

valley-based tech companies. see that across the board. the largest companies in san francisco giving more than ever before. we're encouraging not just to give money, technology, get employees out there and work in schools, hospitals, homeless shelters, given the community and let's build a community, not just a tech community. emily: you have everyone trying to reform education in their own way. how would you describe your approach? mark: our approach, it looks like it is a hands-off approach, which is interesting. i don't think of it as hands-off because we work hand in hand. we offer a full package. money alone isn't going to solve anybody's problems. it is about the money, technology, and people. emily: apple unveiled plans to give $100 million to public schools. what do you think of apple's plan? mark: it is great apple is going to give $100 million. apple should be giving billions of dollars to public schools. apple has reaped a huge harvest from public schools. if you go through these public school classro

in the tech space.that's something our members are keen to explore and i think we need to make sure that the conditions for red tape in terms of our eu participation and not constricting the tech industries too much. >> thank you so much for coming in. president at tech u.k. >> now all this week we have been investigating the much talked about millennial generation. what makes them tick and how businesses and organizations can interact with them. today we're talking millennial masters. the influences driving the opinions of the generation. who do millennials trust? people their age. 65% are more likely to volunteer, for example, if a peer already does so. they're also much more impacted by online ads. get their news from news sources like twitter and youtube and check their smartphones some 42 times a day. no surprise that in a recent survey state side u.s. millennials were more influenced by famous youtubers over traditional mainstream celebrities. i don't know who any of these people are. >> come on.

tech stocks faring better than the rest. straight to matt miller for the latest action at the close. break it down. matt: apple, netflix, facebook, amazon, best buy, these were the big winners on the s&p adding index points, or fractions of index points at the close. we were up almost 3% on the s&p after the huge drops we've seen in the last five trading days in the tech stocks helped rally after the close. old economy companies like gm, merck, johnson & johnson, those companies along with microsoft, which some would think it is an old economy as well, way down on the index. brought us to a loss of 1.3% at the end of the day. now we are in in a situation where today is the sixth trading day. innovaro for drops. the dow jones industrial average was up 540 points. slowly chipped away at that gain until we finished down at a loss of 200. it is anybody's guess as to what happens tomorrow. maybe they think we are too pricey. we would have to wait and see how asia opens up tomorrow night. emily: we will be watching that. thank you

tech companies are under increasing pressure to show progress. apple, intel and other firms will be meeting to press them to diverse their workforces. we're going to look at one aspect of this problem, the gender gap. yahoo!'s marisa and facebook's sheryl sandberg are the exception, not the rule in silicon valley. women are underrepresented. at yahoo! women make up 37% of the workforce. at facebook, 32% of the employees are female. at google, 30% are women. most software engineers are men and so are most of the executives. we asked some women what it's like to work in that male-dominated world. >> i'm a solution engineer. >> my name is ema. i'm a software engineer. >> my name is zoe and i'm a software engineer. >> i am coding and language, a web framework called rails. you might hear the term ruby on rails. >> i learned python recently and even dab belled with a very old, low level language. and the services i can provide range from consulting and advising around how to use technology to build solutions all the way down to actually building out y

in certain tech names.estors are going to get, have to get used to a stock-pickers' market rather than a buy all the indices all the time market that we've seen over last few years. so use this sell-off to buy some of those leaders. off of their highs as they correct. and i think that's what you're going to want to look for. i think the bonds will settle down and i think breadth will improve and that's what we want to see. >> why is the 10-year stuck at 2.06, 2.07. are people going to cash instead? >> you haven't seen a substantive sell-off as of yet. you haven't seen the panic in the market which would push people into the 10-year or the 20-year, it would go down to 175. hence the reason why i started this interview saying we haven't seen real panic yet. you haven't seen that flushing out of the market. now, the thematic is going to be global growth deceleration. and investors have to get used to that. not only here but across the globe. so the european or the eurozone markets and the economy there, deflat

tech and travel, those are built on tumblr.e launched the ability to take that advertising we're developing for the tumblr network, where you come to get the reach demographics and engagement of the tumblr network. you take that same content and roll it out to the full reach of the yahoo! network. emily: i want to ask you about the "competition." air quote because i know there is not necessarily direct comparison, but medium, first of all. what do you think of what they are doing? david: they have done a lot of things that nobody else is doing. at the same time, they are kind of on the other side of a fight we have been fighting for a long time. giving people more identity. letting people create something that is theirs. one of the things that drives me bonkers about medium is they strip all the identity away. they try to make it a commoditized network. with lots of long articles from various people rather than a place where i can set up and have my blog. my space, my place on the internet. but they are doing cool stuff with lo

tech? >> i think the market showed what it is, deirdre, it's going to be tough, and i think when you are looking at a company like apple worth 27% of global sales come from china and for the first time this year that we sold more phones in china than they did in the americas, i think they have to figure out how they take the currency difference and take it off the bottom line or increase prices. one way or another, it's going to slow sales. deirdre: we know fox con, is obviously based in china. manufactures most of the iphones and this is a big question for apple. hey, will the chinese middle class pay that much for an iphone? there were a lot of doubters, the chinese middle class was interested and did buy iphones, maybe that changes as people lose money there? >> well, it may, you have a wawei there, you have xaoxi who buy chips from intel and intel 36% of business comes from china. so there are going to be winners and loser in this, deirdre. deirdre: you think apple and intel are ones to

josh lipton tells us why tech is tanking and what might happen next. >> reporter: tech is taking a beating. from 40% of tech stocks in the s&p 500 are now in a bear market, meaning a drop of 20% or more from a recent high. >> the tech sector has the greatest international exposure of all of the sectors within the s&p 500 and since this decline really started from concerns overseas, it's not surprising that tech is lower than the overall market. >> reporter: apple, for example, has been hit hard. the stock is now down about 20% from its recent high. investors concerned about slowing growth in china bailed on apple because the company generates 25% of its sales from there. apple's ceo tim cook, though, tells cnbc's jim cramer that business in china remains strong. then there are tech names like netflix. these are crowded momentum stocks that have soared. when those kinds of stocks slip, they tend to fall very hard very quickly. still, even after a hard selloff, netflix is up more than 100% so far this year. despite the route, some investment strategists believe that the tech sector will ulti

we can not hand over this city to the tech industry. big tech, small tech. at the end of the day they are literally just blowing over everyone that exists in san francisco, so please please vote against this proposal. thank you. >> hello commissioners. thank you for sticking with us this late tonight. i'm with the [inaudible] 16 coalition. we are about 120 organizations now and growing in the mission district. we are here in support of the artist. we are here in support of the non profits that have been displaced including the homeless childrens network. i want to reiterate that, was evicted from this building. i had friends evicted from the building. it is porenl storby but also a story of what is happening to the mission and it is a story of displace: it is story of displacement of non profit and neighborhood service businesses and story of displacement of evicted and displaced artist and it is a storby of displacement that it will cause in the mission by putting high rent paying tech office businesses in the build ing that has been there for artist and pd

tech and bio tech were also a stand out. here in europe interestingly enough taking their queues from asia and the positive session on wall street we're higher across the board. very close to session highs up 321 points. the ftse 100 see a gain of 2.3%. a lot of the mining stocks weighed on the u.s. stock index earlier this week. out performing one of the best performing sectors here in the u.s. we're seeing the french equity index up about 3%. this is because of positive earnings helping the index move higher. italian markets seeing green by 2.5%. how do you make money in these markets? here's what a couple of investors have been telling us this morning. >>> if you look at the change in direction of trade china is much more important than the u.s. or the euro area are. once we have a floor under china growth expectations and that will eventually happen but once we have that then that is undoubtedly the time to buy emerging markets. >> the commodity stocks will be the bounce backs obviously. we have a big move up in the shan

ad tech. that was a really big deal.ll of a sudden, we could go to the market with really, really robust ad technology. with this incredibly expressive canvas we had been working on for the last seven years. those two things together were a pretty monster combination for this ad industry. that suddenly gets to benefit from the work we had been doing. and all of the real ad tech that yahoo! had been putting together. emily: one of your investors recently talked about companies -- at some point, they need to turn into a real business. they need to focus on monetization and profits. he said, tumblr had to be sold even though they had potential. tumblr's annual burn rate was almost 50% of the entire fund. three exclamation points. how do you respond to that? david: we were making money. it is true we had a real burn rate. we would have been able to -- the options in front of us were raised what you would call a growth round, get somebody to cut you a big check. or go and find and acquire, take on the burn rate. until you cro

which is basically the tech chamber of commerce and tech cisco.d tech issues that were resolved. >> you moved from payroll to gross receipts. >> we got that behind us. >> yeah. >> and then we said, okay. >> and then we said let's do the next most important thing which is civic engagement, volunteerism throughovolunteer ism in san francisco where any tech company in san francisco can adopt a school and the principle of the school becomes the ceo and that principal tell us the tech workers here's what i need done in my school, not you should do this and this. the principal says i want you to monitor the kids when they leave school i want you to help them read. whatever that is. >> do you think that is -- when i talk to san francisco, when i talk to the district school teachers, like, the fact that the school districts can't pay them a living wage that allows them to be able to find housing in san francisco. that's not a thing that volunteering necessarily solves and it's a thing where we have to consider how we finance public schools for example in

i never trust traditional tech until september. chicken tech, meaning i.t. outsourcing is a strong theme even if you are not crazy about these companies. sixth you would think that the banks would be roaring but they aren't. and the investors fear that the fed will push up the rates too much and the banks margins will narrow. the economy could collapse. that is understandable given how an already strong dollar will go nuts to the upside after any tightening. so what is working the financials which is now the giant co motor like tech? the property, casualty and life insurers. the auto insurers business is beset by rising claims. there is more driving and texting behind the wheel. my recommend is chubb. think how narrow these groups are. the whole big groups are not working. you know where we are seeing this strength? athletic apparel. not apparel. not retail, just athletic apparel. since nike and under armor are showing up on the high list even if the rest of apparel doesn't. consumers are willing to pay up for fitness. it's not apparel, it's fitness. that's

on the african tech. we find 200 innovation hubs which are business incubators popping up. in the corner, kenya which the president visited, one of them in africa, the best known. we came up with the number from 3,500 start ups and work the tech crunch to come up with a number of how much venture capital is going to effort and startups and projecting a one billion will go in by 2018. you get into sdi, breaking out of this 3% world aubrey hruby talked-about. africa is reaching 4% of global fbi and that has to do with stocks and bonds and normalization investment and is easier for individuals like us to buy african stocks and bonds. a lot of african governments got bond ratings recently and there have been more sovereign bond issues in the last several years than over the last seven. creative industries, we see a big surge in africa's global cultural influence following a formalization of the creative industry. in nigeria and it was recently quantified the creative industries are worth $5 billion and some o

how worried should tech investors be? how will global tech be impacted? i am joined by u.s. economist karl, we had been talking about chinese tech companies. what about global technologies that have exposure in china? guest: the question is how far is the currency going to be moving? you need to evaluate whether it is their cost basis or predominant sales market. producers who are domiciled in mainland china are going to be much more competitive. that could be good news for them. that is a key reason why china is allowing the currency to fall to stimulate the export sector. both tech companies and other mainline companies doing business in china are going to face smaller corporate profits. emily: it is interesting, companies like facebook, google, twitter are not even in china because the government has locked them out but what about these other companies we are talking about here? guest: it is enormously important for apple and qualcomm. china is 12% of their revenue. the devaluation is going to reduce apple's revenue in dollar terms by $30. how does apple compensate? it ha

. >> the white house today named san jose and oakland tech hire cities. it's a program that helps unemployed residents and workers with skills that need updating get their foot in the doors of companies like facebook ebay and cisco. david louie explains how this program is already helping people change lives. >> reporter: just four years ago ali king was working at a clothing story. today he's an ebay program manager. it is a program that will be expanded by new federal grants. >> so many people were having a hard time to gain access into higher education but are ready to work but don't have the skills to be successful in an environment like this. you want to set them up for success. >> reporter: the bay area is giving birth to so many start-ups. an advanced search engine for learning is palo alto is one of them. ramona pearson was at the white house talking to president obama about the need for entrepreneurs from all walks of life. >> you have a balance and good diversification of age gender and every aspect, then you get a good mix of people that can co

i want to talk about this new versus tech debate because the new tech names if you will, social media, momentum stocks have been getting creamed over the past one month. is this the time to rotate into some of the older tech names that offer slow but consistent growth? >> yeah, i think so. generally speaking, you know, we like large caps a little bit better here given the increase in volatility. they should hold up a little bit better but for the broader market what we have seen is more of the rotational correction over the past couple of weeks. it's been one of these new tech names hit hard now. we have seen other areas, media, and other things but it's rotational volatility. cisco is a pretty solid name. another beat and raise quarter. it's going back to the middle of last year so not a lot of top line growth but they're doing a good job holding up their margins and we think that's kind of a good place to hold out. valuation in the old tech names they traded 12.5, 13 times earnings. pretty reasonable. >> are you surprised at the extent of the after hours move on sis coe. forecasts m

that they would lead us today, tech would have been leading today if you look at individual tech leaderse apple or netflix. you have major averages, tech is a heavyweight. the dow, the point gain that you pointed out, that is the third-largest ever on a point basis. the thing i keep me back to is the trajectory of stocks throughout the day. this showshart and tick by tic. yesterday, we had a rally and this blew up in the last half-hour of trading, and an opposite effect as we watch today with gains coming in the last hour. so a very different day than we had yesterday. as we have been talking about, this is something that might was talking about, -- mike regan was talking about, this is difficult to predict what is going to happen next. joe: what are those things you are taking away from the last couple days? we could talk about mohair. alix: there is a price index for that? joe: -- >> what i keep thinking about is i cannot wait to read the hedge fund letters for august. whinesly one of the big you have heard is that trading volume hasn't dwindled over the years. as prices go up, you mig

>> it's not surprising to me that there's not people of color in the tech field.ut if i can be that person to change it, you know, it's kind of like being the change that you want in the world. >> sreenivasan: at a recent comedy festival here in new york, comedians gathered to take on isis, terrorism, and perceptions of islam. the lineup featured only muslim comics-- all of whom were intent on showing that there's more to their religion and culture than a typical day's news coverage. the newshour's megan thompson reports. >> "just in case the word 'muslim' didn't tip anybody off," i said, "let me dress like this." >> reporter: at manhattan's comic strip, the goal was to showcase muslim talent. there were jokes about how muslims are perceived to how islam is often portrayed in the news... >> after a while, you keep hearing the word "muslim" and "terrorist" together, you're going to assume they're connected. >> reporter: festival organizers dean obeidallah and maysoon zayid have spent their careers challenging stereotypes. >> don't you watch "24"? everything was fak

okay i know i've worked i don't want to make everything about tech and tech do what i'm doing that was a great they know of tech but you know, i worked in an office building i could go down dots lobby to the other portion and schaet and two to the 14 floor and get yelled at the question for staff as i recall you had to walk across the entry-level to the other lobby what's the process. >> do you go through retail or pass it from the store or dirty water restaurants, gym. >> you could go through the market value but a lobby to opens up to a newly created plaza in the back go out technically into the market street. >> through stevenson. >> from both buildings okay thanks to the few weeks that spoke against it be i'm as tired and frustrated i guess my question back to you if it was a bank to a bank or law firm to a law firm would you feel the as a way i'll see what my fellow commissioners have to say. >> i'll follow-up if it was a hospital or parking garage or airport or stadium all ace bridges and walkways and fly ethers he think that san francisco ethics commission overview commissioner

david einhorn also adding a key tech position, to a key tech position.n his case micron technologies, the beaten-down name that has caused him some pain in terms of returns so far this year. but he's adding to it anyway and he's also adding to his media portfolio with a new stake in 21st century fox sized at nearly 2 million shares. as well as a big addition to his gm stake that now numbers close to 15 million shares in total. tepper added to his gm position too. the details here, he added 3.5 million shares to an existing position. carl icahn getting longer media stocks with a large 15 million-share position in tegna inc. which is the former gannett company, a broadcast and digital marketing outfit. and finally a number of money managers getting bullish on energy names, including some of the less favored stocks like pioneer natural resources. you may know it as the mother fracker. and chenneer energy, the liquefied natural gas exporter. icahn's new stake in chenneer was reported recently before these new filings today. but now we see the bal post group

as the competition for the best tech talent heats up in silicon valley -- >> a lot of tech companies are known for their very young work force cht. >> reporter: more companies are trying to separate from the rest of the pack. >> as companies age and as workers age this has been an impending issue. what are the companies going to do when the employees start having babies? >> reporter: netflix announced an unlimited leave policy for new moms and dads to take as much time as they want with pay during the first year after a child's birth or adoption provided they are a full time salaried employee. >> i think it is wonderful. and i'm speaking as a woman who worked for 43 years and raised two kids and had a really hard time finding child care. >> a year is amazing. i'm kind of shocked by it. >> reporter: today microsoft announced the change to its maternity and paternity leave policy upping the period from four weeks to four months. some say what may work well for one company doesn't mean success for another. >> benefits and perks are not a reason for tech talent to go to an employer and s

jeff baso defended criticism that amazon employees are overworked with perks that come with a tech job. >> we have significant benefits at amazon, besides compensation, so on and so on. people bring their dogs to work. we have windows that open in our buildings. that's unbelievable. turns out like pressure air. >> the interview is intructive. it alleges a culture in which employees struggle under the weight of unrealistic expectations, where backstabbing is encouraged and work life balance is discouraged. i don't claim our way is the right way, i claim it's hours. >> including one who said things at amazon were so bad. you walk out of a conference room and you see a grown man cover the face. nearly every person i work with i see cry at work. >> we saw a tolerance by manager that is not empathetic. >> they told charlie rose that he strongly disagrees with the portrayal. >> the fundamental flaw in the story is the suggestion that any company that had the culture that the "new york times" wrote about, and a cruel darwinian or dekensian atmosphere in the workplace could survive and thrive

in the meantime, we are looking at the tech-heavy nasdaq down by around 12 points. we got the mixed zew number. the ftse global 300 index down about 10 points. a good gauge of stocks around the world. if we were to zone in, though, on european equities, we'll take a look. of course, we got that news of that greek deal being reached, and interestingly enough, investors have been shrugging off that news, perhaps that means that that greek deal already priced into equities at this point. in the meantime, we're looking at the xetra dax now down right very close to session lows, down around 1.4%, this as earnings season wraps up here in europe. cac 40 seeing a loss of around 64 points. interestingly enough, of course, the greek equity index opened last week, and of course, we did see a sell-off in the banks. here in today's trade, we are looking at the athens ase index slightly higher on the day by around 1.6%. and a quick look at the uk index. looking at the ftse 100 down by around 25i points. of course, risk appetite, what's that all mean for bonds? >> indeed, we'll ha

we said that tech, a large number of tech is in bear market territory. micron, sandisk, applied materials, yahoo, those stocks are at least 30 to 35% off of their 52-week highs. >> and they were some of the biggest leaders over the last couple of years, right? so people are certainly taking profits. so i think that while china is bad, there's no doubt about that. i don't think the whole world is bad. you have to look at europe. look at the pmis that came out of europe. look at the pmi that came out of japan. look at some of the data here, we're probably growing 2.5, 3%. the housing data has been very good. existing home sales that were pretty good. initial claims, jobs, that kind of thing. i think you just have to take a little bit of a step back when you have these corrections. you have to make a list if you have a long-term horizon. listen to what some of the good companies are saying, we heard some good things from salesforce.com last night about the cloud, about software security companies, pcs, not as bad as people thought. i think there are are poc

. >> a tech start-up scene is floorishing in one city.trying to make a name for itself as the silicon valley of latin america >>> the star wars model. office guitar, table dennis. nerve guns. all the trappings of the of modern tech company present and the correct. this is not silicon valley, it's mexico. the birthplace of tequila is reinventing itself as a latin american technical tall. electronics account for half the exports. 500 are jostling for position. oracle who make java are one of the u.s. girls wanting a piece of the high skilled graduates forming a tight-knit community, a short hop from the californian mothership. >> we are looking for people able to work at the state of the art of software, advance that state of the art. that's what we look for. we found that we can get it here. >> what they have long been a production line hub for international firms, start-ups around the city, like texans that make games and films are using what they learnt from the big boys to go it alone. >> what has happened reflects stories like mine. fi

a tech startup is the smallest high-performance organization in the world. d. is the largest. there is no natural fit between organizations that small and not big. developing -- and that big. developing pathways that make sense and where dod can get the benefit of the new technologies without fundamentally changing not just government, but haven't .- just procurement, that is really critical. emily: what's the biggest risk right now? are we being outspent? marc: we are not used to defending against nationstates. 20 years ago, it was teenage kids. againstdefenses are nationstates. the threat profile has changed dramatically. cyber security, like other kinds of security, is asymmetrical. the defender has to be correct 100% of the time, but the attack only has to work once. defense is always going to be bigger as a challenge than attack. defense has to get much more sophisticated. we as an industry are still in the process of catching up to that. emily: marc andreessen, cofounder of andreessen horowitz. bloomberg lp is the parent tv and is bloomberg an investor in andreessen horo

emily: i am guessing you think messed up tech companies can be fixed? hp andi would argue that yahoo! are not technology companies at all. they were in the 1970's and 1980's with hp, and even in the 90's with yahoo! -- today they are fundamentally against technology and innovation. emily: even though they are not technology companies can yahoo! and hp be fixed? peter: it is probably a mistake for them to radically reinvent themselves and become technology companies once again. emily: you mentioned marissa mayer's, what do you think her chances are for turning things around? peter: she is by far the best ceo yahoo! has had in at least a decade. she should not be evaluated on whether she comes and invents something new. that is setting her up for failure. the existing businesses are big and if you can improve that i , make those work, that is fantastic. emily: other than what you have written in this book, what are some things that you believe that very few people agree with you on? peter: i have been outspoken about this idea that college education has b

company, but amazon really isn't a tech company. i mean, it's two companies. it's a sort of small tech company, and a lot of those guys at the top, the people who are commissioning movies for amazon and doing a lot of the more creative very high-level tasks, i'm sure they don't have this kind of work environment, but then beyond that, this is the world's largest retailer. we would not be shocked to hear about these things coming out about walmart. we think of amazon as a tech company, but it's on track to be a $1 billion retailer, and how do we think this company can get us everything in the world for the lowest price and get it delivered to us the second we think of it? never seen a retailer that brutally efficient that's a friendly place to work. >> right. >> the second thing that freaked people out about this article is there's been exposes about work at amazon before, but they were blue collar jobs. they were stories about 100-degree heat and paramedics being outside to take people to the hospital. >> in the warehouse. >> when t

it's been a good quarter for european tech stocks. stay tuned to find out why our next guest thinks capgemini is the pick of the bunch. that's coming up. need to hire fast? go to ziprecruiter.com and post your job to over one hundred of the web's leading job boards with a single click. then simply select the best candidates from one easy to review list. and now you can use zip recruiter for free. go to ziprecruiter.com. >>> u. s. prosecutors charged nine people with an insider trading hacking ring. it generates $100 million in profit. cyber criminals hacked business news, wire services and helped traders state side get their hands on press releases before they were made public. now another story in the tech world, book is reportedly working on a stand alone twitter-like app to let publishers send breaking news alerts to users. business insider says the app is in early testing. users will reportedly download the mobile app and choose which news publications and topics they want to follow. alerts would be sent out instantly as fast as a

of the tech companies we've met with as an african american on their board.o change. we stressed it at each company. each agreed they must do better. >> the congressional black caucus wants more investment on computer science classes at schools with high numbers of african american students. >>> today, ten out of 17 republican presidential candidates were named to the first g.o.p. debate, selected based on poll numbers. donald trump at 21%, john kasich just 4%. seven candidates did not make the cut, including rick perry and carly fiorina. the debates will be on thursday. >>> well, it is an american success story. the linking of the east and west by railroad in the 1860s but many people who built it were not americans but chinese. now there is an effort to better tell their story. it has been more than 146 years since this famous photo was taken, celebrating the linking of the central pacific and union pacific railroads with the golden spike in utah. this doesn't show people that played a huge part in building the railroad. two researchers at stanford universi

the tech industry is dying for high-tech visas. they're doing for people overseas because we don't have enough talent. this is an employee's market. people can go wherever they like. >> you have amazon. it's like you have apple on your resume or amazon. you could pretty much write your own ticket. >> in a free market economy, one size does not fit all. you have all different kinds of cultures. you go to top notch law firm or investment bank, you are expected to work 80, 90, 100 hours a week to show that you can do the job and contribute value added. if you are not doing that, boy, there's trouble. >> they're always complaining about how there's not enough jobs. i would like to figure out a way to clone jeff basos. he is brilliant. if we could have 100 of him think how much happier the american people would be. we need more of these people, not less. >> at least in the short-term. maybe in the long-term now. at least in the short-term. of course, forbes, not at all like that. thank you very much, gang. appreciate it. coming up, the

we learn about efficient tech necks -- techniques. emily: give us a sense of the severity of the hacking unclassified system of the joint chiefs of staff. and to what extent has that prompted you asking silicon valley for help. ashton: it is a sign that we're not where we need to be. we've known for decades that information technology was going to be critical for the military edge. so we have a lot to learn. -- clearly our joint chiefs of staff network. it wasn't exploited in a dangerous way and it resulted actual from a simple failure. somebody opened the e-mail. in all companies we are warned against doing that. so it was fairly mundane but something that mundane could affect that important network shows that we're not where we need to be. we need to be on the cutting edge of cyber defense and this is the place with the cutting edge of cyber defense is defined if we're going to be there as we need to be, we need to do that in partnership. emily: tim cook has said he doesn't want his use irs to choose between security and privacy. wh

of the tech companies we've met with as an african american on their board.s to change. we stressed it at each company. each agreed they must do better. >> the congressional black caucus wants more investment on computer science classes at schools with high numbers of african american students. >>> today, ten out of 17 republican presidential candidates were named to the first g.o.p. debate, selected based on poll numbers. donald trump at 21%, john kasich just 4%. seven candidates did not make the cut, including rick perry and carly fiorina. the debates will be on thursday. >>> well, it is an american success story. the linking of the east and west by railroad in the 1860s but many people who built it were not americans but chinese. now there is an effort to better tell their story. it has been more than 146 years since this famous photo was taken, celebrating the linking of the central pacific and union pacific railroads with the golden spike in utah. this doesn't show people that played a huge part in builng the railroad. two researchers at stanford univers

this is all part of the president's tech hire initiative. as part of the initiative the city will launch a fast-track training program that will train up to 1,000 people in coding web development and i.t. jobs by next year. >>> decision 2016. this is the notable night. the top ten are in. late this afternoon, the top ten republican candidates in the polls were invited to the first televised presidential debate. they include front-runner donald trump, former florida governor jeb bush and wisconsin governor scott walker. former texas governor rick perry missed the cut. so did the only woman candidate, former hp boss carly fiorina. the debate is thursday night on fox news. still ahead on "nbc nightly news," a closer look at this afternoon's announcement and how it might tip the race. lester holt joins us at 5:30. >>> the 46-year-old woman says it is her last chance to have a child of her own. i'm mark matthews outside superior court in san francisco. we'll tell you how this case that has garnered national attention is wrapping up. >>> it feels

they will be providing this money for the flex tech alliance. manufacturing group located in that building behind me head quarter erred in san jose. this money will be used to help pioneer the next generation of bendable and wearable devices. the secretary of defense along with the mayor of san jose and local congress men and women will make that announcement a the 11:00 this morning. the physical therapy will receive $171 million, $75 million of that coming from the federal government, the remainder interest local government and private groups. at an alliance which is made up of more than 160 companies, nonprofits, labs and universities will then be expected to develop new flexible hybrid technologies. we're talking about things like sensors that are lightweight, bendable hack con form it to odd shapes. had means we could some day see smart bandages on our arms or legs, sensors built into bridges that would monitor vukt ral integrity, better weapons for the military. this is the seventh manufacturing institute launched by the federal government