you can think about the city as a great medical city tech city. , athere was a time in the 1980's whereton a massachusetts were the tech capital of the world and we lost that to silicon valley in san francisco, and what you are seeing now is a rejuvenation, with people coming back to the city. we are seeing that and there is a new level of curiosity about boston. we have 150,000 students going to school in our city. many of them will stay for the summer and when they graduate. so we grow every year. we have 25 colleges and universities in the boston area, so there is a lot of innovation here and a lot of synergy we can work off of. ge can help us with that. caroline: when it comes to academia, the private sector, you say you lost it to silicon valley. can you win it back? is it a case of winning? i think we can win it back. massachusetts went through a tough time in the 1980's with high taxes and political decisions that set us back a little bit and what is happening now is you have a political climate where everyone is looking to move our economy for and yet be innovative. the word, in

city. we sat down with the boston mayor to discuss bost's role as a tech innovation hub.t stacks up to silicon valley. >> the day we officially announce ge's move tboon, th gave us a check for 50 -- for $50 million, $21 million for drug training and health care stuff. so we do see the benefits of having ge here already. the thing that people are critical of was the muddy with tax incentives, that is to get the building going. next 30 years, we will get over 67 million dla in real estate taxes from that deal. which is that mean in terms of continuing the growth of the tech and biotech sectors? >> it is so important. boston has always done well in that space. city,ou think about our people think about our city as a great medical city, a great tech city. there was a time in the 1980's when boston was the tech capital of the world and we lost that to silicon valley and san francisco. and what a seven now is almost a rejuvenation of at people coming back to our city. we are excited about what is happening. theirneral electric at whole new level of curiosity about boston. we ha

, people think about o cy as a great medical city, a great tech city. a time in the 1980's when boston was the tech capital of the world and we lost that to silicon valley and san francisco. and what a seven now is almost a rejuvenation of that. people coming back to our city. we are excited about what is happening. and general electric at their whole new level of curiosity about boston. we have one or 250,000 students a year that go to school in our city and many of them will stay here for the summers and when they graduate. we grow every year. we have college and universities within the boston area. there is a want of information -- a lot of innovation. and ge can help us with that. >> you say you have lost this to silicon valley. can you win this back? >> we can win it back and we are doing that now. massachusetts went through a difficult time because of politicadesions that set us back a bit. and i think what is happening now is that you have a climate where everyone is looking to move our economy forward. and also to be elevated. the world innovati

they think about it as a tech city.where boston, massachusetts, was the tech capital of the world, then we lost that to silicon valley and san francisco. what you see happening now is almost a rejuvenation of that and people coming back to our city. we are excited about what is happening. general elected adds a whole new level of curiosity about boston. we have about 150,000 students a year that go to school in our city. many of them will stay for the summer. we have 25 college universities within the boston area. 75 and the greater boston neighborhood. there is a lot of innovation here with the right colleges. ge can help us with that. caroline: it is interesting when a comes to academia and working with the private sector. you say you lost it to silicon valley. can you win it back? >> i think we will win it back. there was a lot of high taxes and political decisions that set us back. i think what is happening here is you have a political climate for everyone is working to move the economy forward. we can also be innov

tech community, and he helped found the tech city with david cameron.was one saying, maybe this isn't a bad idea. in the united kingdom, it would just be a judge asking a specific circumstance to access the data of certain individuals. he says, maybe that is not a bad idea, tech companies and maybe you should step up to the market. allow encryption to be able to a road is but when it is needed by judge, that -- that could be the case. keith: i think it is a little more complicated. for 300 years, if you go to a years and a judge you get a warrant to search rows. someone has always been able to get warned together all of your belongings everything at home. the idea to applying the same principles to your phone is trivial. it should not be that controversial paired -- controversial. backdoor, itte a is not clear the government can constrain it or keep it in the right people's hands and that the wrong people doesn't -- don't already have access to it. is it possible to have a secure way of unencrypted things that could be only used by very small enough to

tech community, and he helped found the tech city with david cameron.s saying, maybe this is not a bad idea. in the united kingdom, it would be a judge asking in specific circumstances to access the data of certain individuals. he says, maybe that is not a bad idea, tech companies. maybe you should step up to the market. we are not asking for a blanket back door or allow encryption to be eroded for all of us. but when it is needed by a judge, that could be the case. emily: how should the tech companies approach to this? should they do it in cases like this? keith: i think it is a little more complicated. for 300 years, if you go to a judge, you could get a warrant to search a house. someone can oil get a warrant to search through all of your belongings, computers at home. the idea of applying the same principles to your phone is trivial and should not be controversial. one issue in the u.s. that has been broadcast is that once you create a backdoor it , is not clear the government can constrain it or keep it in the right people's hands and that the wron

we are live from the harvard university innovation lab, showcasing the power of boston's tech economy. the city's basis as a tech hub could not have happened without bain capital. with me is none other than the managing director and cochairman, steve pagliuca, also co-owner of the boston celtics. you have the shamrock on your tie today. before we dive into the nba, i want to dive into some of your investment hypotheses at the moment. we see record low volatility. you're looking at stocks at record highs -- we are looking at stocks at record highs. what about private equity? steve: prices are high cyclically. that is why at bain capital we try to be disciplined in times -- terms of the deals we do. we are looking for transformational opportunities. three of the big companies we have in the portfolio, we bought two companies at once and put them together to form a stronger, more strategic company on a global scale. looking at areas we know very well, technology, health care, industrial, consumer, we've had great success of that strategy -- with that strategy of being disciplined. great thing about

we are live from boston all this week, showcasing the innovation, diversity, and power of the cities techone thing boston is known for is the booming biotech scene.one major player in the scene is bloomberg bio. the company's platform and company -- is in gene-editing. glaxosmithkline will pay undisclosed sums to license technology to delivering genetic material sending us is. the ceo of bloomberg bio, nick leslie. it's a little chilly for us. therapy,ow your gene vis-a-vis the competition in boston or abroad, compares. >> gene therapy is a broad space. come is the impact it is having on patients. of geneept and promise therapy is to alter disease, potentially cure disease. that is the big differentiator. there are some really terrible ableses and we have been to announce small numbers of patients, but going from not but ameliorating, potentially curing the patient s and giving them a lifeline benefit. that's what all of us have been rooting for. that is what bluebird is all about. that is what we are trying to do. as a whole class of us trying to really do something important for patient

and then we go to as tech mexico city. that one also on fs1.oesn't qualify major issues within us soccer it's not going to p that. in bruce we trust everything is going to be all right. there's a lot of lifting. being it in russia in 2018, with the current a little bit l california climate. >> i don't know what you're tawging about. i have no issues. i have four young kids, my wife and i are firmly committed to going to russia to cheer on experience the awesomeness. it's such a wonderful festive party no matter where it is. i think if anything, the current situation, the type of event that the world cup is really brings people together and i think it's going to diffuse a lot of issues. thanks for joining us that will be on fox5 next year and that will be back right after this. "tom went to washington to take on the insurance companies and the credit card companies and the wall street banks... progressive causes have been my life's work. i'm tom perriello... and before and after congress i led non-profits to battle climate change, povert

city. >> yes. so tech company amazon hitting the big apple, opening a brick-and-mortar book store in new york city. first of two planned locations across the city. the store will be in columbus circle and display books, much like they are on amazon's website. you might also like suggestion section and selected customer reviews are shown along with their star ratings. there used to be a book store there in the same location that amend is replacing. let's get a quick check on wall street because we're trying to build on wednesday's gains which saw the s&p 500 closing at a record high. investors are cheering. federal reserve's plan to scale back its massive balance sheet and signals it will hike interest rates next month as expected. dow did rise about 74 points. we're at 21,012. the nasdaq was up 24 points as we start off this thursday. >>> deciding his fate. jurors terrify day two in the deliberations of the man charged in killing his son. the conversation they will now get a chance to listen to. >> a commu

citi not really known for its tech practices. it is known for medical instruments and health care. ink they had strong relationships at intel. they often work with bigger banks. gohaps, this was citi's around, but i think they have strong ties to that company. it is a credit to some of their hastionships that citi built. that is the biggest tech deal of the year by far. they were advisers on both sides , they were not typical. that one seems like an outlier. vonnie: they could all change by the end of the year. absolutely. the wall street banks are working hard at this, as they always do. bloombergex sherman, deals reporter. isyou look at where the vix trading, it is just about 10 on this sleepy memorial day tuesday. another $.48. it has become some the lead market with dollar-yen, a weaker yen by .4%. we have been mentioning that the spread is very narrow. 93.5% basis points. let's look at the south african rand, a second day of gains after zuma was reinstated, or re-upped his control over the anc. coming up, the fed president warms the honeymoon will come to and washington will ha

we are live from boston all this week, showcasing the innovation that the city's tech is bringing.ompanies are combining -- in one product. one company doing just this is irobot. all-time high after the company updated its outlook for 2017. many people know you for the roomba, the robot that helps clean up your floor at home. how much has the boston ecosystem helped build the success story we are seeing here? colin: the innovation required to go and create something as new as the roomba requires innovation, requires people with new ideas, and access to enough -- a body of talent to come in and go create these inventions. the boston educational system is second to none in the world, and we have been able to go harness students coming out, and here we are today. caroline: you also harnessed new board members. when you brought those new members on board, they were looking at internet of things. these were areas you said this is why you should have them on. what is next from irobot? colin: the smart home is becoming a very important thing. as more and more things get connected in our h

. >> oakland city officials promise new tech tix to fight the homeless problem including holding more affordable housing and also building an outdoor navigation center where the homeless can camp and park their cars with access to city services. >>> 4:16 am. time to check in with sal to see what the roads look like on this early friday morning. you think it may be like today. >> the caveat they are is it may be light for the commute but it will not be a lightly traveled day. i will tell you why. people may not be going to work but they are going somewhere today. a lot of people are. be aware. let's take a look at what we have with the gilroy to san jose commute. traffic is moving along very well. we do not have a lot going on -- maybe a little bit of road work in morgan hill. i do not see a lot of slow traffic associated with that. there is some road work. the traffic coming in on the south bay freeway's still looks good. yesterday we had a big get away. thursday evening. a lot of people left the bay area. it will be earlier today. probably around noon and stretch out through the afte

city. >>> in other tech news, t-mobile and sprint are ready to join forces. they're the third and fourth-largest wireless carriers. >> speculation about a possible merger follows comments from both companies. it could mean higher prices. any merger would have to be approved by regulators. >>> and apple is set to unveil a new generation of laptops next month. >>> a report indicates it will launch a brand new version of 12i 12i 12-inch mack book featuring >>> dub nation, time to show your pride. fans posting their photos and videos on social media and we want to see yours. use the hashtag dubs on 7 when you post. we may show them on abc 7 news or our web site, abc7news.com. >> if you're going to the soldout bottle rock festival in napa. we know the faster way to get in, signing up for a tsa pre-check. you need to present a government-issued photo i.d. with proof of u.s. it is zinnship. the service costs 85 bucks for five years. pre-check allows travelers to go through airport screening without taking off your shoes, belts and light jackets. if you get enrolled

tech of course. but tonight, one city leader says delivery robots on sidewalks, that goes too far, he wants to ban thema couple of start-ups are already testing delivery robots. in some neighborhoods, but one city supervisor says the sidewalk is no place for a robot. >> sidewalks are made for people to walk on. and so, this reason is why we did this. because we didn't want them to be running down people while they are walking. this is the wherein we don't allow bikes or skateboards on the sidewalks. >> reporter: if the new law passes, violators would be subject to criminal, civil, and administrative penalties. >> reporter: these dais, robots are more connected to our lives than ever before. they are evolving to become more like us. betty yu takes us inside a bay area facility churning out the social robots. >> my name is pepper. how can i help you? >> reporter: pepper is four feet tall, friendly, and full of personality. it has rhythm too. pepper is a social robot. a new generation of bots that are more human than ever. >> pepper can you tell me a story? >> a long time ago, in a galaxy far, far away ..

city. there was a time where we were the tech capital of the world and we lost that to silicon valley in san francisco and you are seeing a rejuvenation, with people coming back to the city. and there is that a new level of curiosity about boston. we have 150,000 students going to school and many of them will stay for the summer and when they graduate. we grow every year and there are 25 colleges and universities here. there is a lot of innovation here and a lot of synergy we can work off of. ge can help us with that. >> academia, the private sector, you say you lost that from silicon valley. can you win it back? >> i think we can and massachusetts one through a tough time in the 1980's with high taxes and political decisions that set us back a little bit and what is happening now is a political climate where everyone is looking to move the economy forward and to be innovative. the word, innovation, it is on everybody's tongue lately, whether in sports, or other types of business. attractto be able to companies here. good growth. a little bit before ge came, but ge will help us grow further.

. >> reporter: reason for atlantic city police to celebrate on wednesday as department which is fighting off state mandated layoffs opens up a high tech surveillance center. atlantic city headquarters for intelligence, and electronic surveillance or achilles for short keeps watch of 500 cameras throughout the city. >> it is a shrinking department because of the cities budget woes. thinks a force multiplying for us. >> reporter: it was built in the public safety building through funding by casino re investment development authority, officers on desk duty and retired cops hired as class two officers will man center as if going on virtual patrol of the city. >> we all feel here that this is going to make everyone that lives, works, and visits atlantic city much more safe. >> reporter: on the boardwalk there are currently about 150 cameras that are mounted on light posts and what they have captured here videos available 24/7 in the surveillance unit and one of these joy sticks they can zoom in on a incident and pan around, and get a 360- degree view of atlantic city. police say this is just a start every week they hope to add more busines

besides being a tech hub, it is a major city for sports. it has three major teams bearing its name. s, the sports king entertainment platform is one of the signature boston tech startups. than 7gned up more million customers, almost 8 million. and they have a is about $8 million from investors. it is wonderful to have you here in the flesh with me in your home town. i want to ask, you have been wooed to the west coast several times but have stayed here. why? a greatu said, it is town, and a burgeoning town for technology entrepreneurship. it is amazing how many more companies are starting here and staying here. caroline: what about the talent pool? are there worries about immigration? there is annk incredible talent pool here. anything that keeps that thriving in doing well is great for us. anything less so would not be. but i am not worried about that in boston. as you mentioned, there i m.i.t. and boston and all the great schools here and an incredible population of international people, students and the like. it is a big reason boston has become a new technology hub and will be vi

we have been visiting different locations in the city to showcase the power of the regional tech economyurrently at ge's interim headquarters in boston. in the last hour, we took a closer look at the investment climate in the city with ge's cfo jeff bornstein. now we are going to turn to the conglomerate's venture capital strategy. the company has invested in dozens of companies based in boston and throughout the globe like desktop metal and catalant. we are joined by sue siegel, ceo of ge ventures. let's talk about boston, sue. where are you finding the innovation? what companies have you put money to work on? sue: i am delighted to be here. ge ventures is investing in a number of different spaces. we invest across our horizon as it relates to what ge is involved in. we are investing in health care, energy, advanced manufacturing, and we are also investing in software. some of the companies we are excited to invest in, desktop metal you heard earlier from jeff bornstein about how big of an -- a bet ge is making in this transformative technology. we have invested in a boston-based compan

besides being a tech hub, it is a major city for sports. it has three major teams bearing its name. any that has combined the love of sports with tech savviness is draftkings, the sports king entertainment platform is one of the signature ston tech startups. recently celebrating its fifth anniversary, they signed up more than 7 million customers, almost 8 million. and they have raised about from $800 million investors. we have jason robins. primarily,you have been wooed to the west coast several times but have stayed here. why? jason as you said, it is a great : town, and a burgeoning town for technology entrepreneurship. it is amazing to watch over the last few years how many more companies are starting here and staying here. caroline: what about the talent pool? there is m.i.t. and harvard. are there worries about immigration? jason: i think there is an incredible talent pool here. anything that keeps that thriving and doing well is great for us. anything less so would not be. but i am not worried about that in boston. as you mentioned, there m.i.t. and harvard. there is an incredi

it also involves the tech sector. >> it is very strong for the brexit, you want to have a hard issue about the brexit. so of course cities are one of the solution to divvy up the tech solution in france, but i don't think it's the main goal. the first goal is to have a clear deal with the uk and to england. we'll quit the european. europe is the first goal of emanuel. that's how he divvies up the campaign and the objective. so i think he wants to have a fair deal with the uk and the european. >> it is true on many occasions, emanuel macron said, you know, france would be happy to welcome talents, either from finance or the tech sector after the brexit. thank you, gael. back to you. >> thank you very much for that. >>> let's change direction. billionaire investor warren buffett says he does not buy or sell stocks based on election results telling cnbc it's a question of owning businesses. if i wanted to own farms, i would not be buying and selling them based on an election. buffett also reiterated his confidence in the stock market telling cnbc that any short-term volatilities are outweighed by long-term gains. >> anybody

tech companies like google and cities and nonprofits are hosting more than 40 stops around the southn and chevron are putting the eveztogether. the goalxd is to talk about how sports can be used as a tool to help s.t.e.m. education. >> right now, 6:00, verdict reached. in a few hours, we'll learn the fate of the man accused of killing sierra lamar. we're standing by live this morning at the hall of justice in san jose as we wait for resolution in this case that has gripped the bay area for half a decade. >> airport melee, the reason angry passengers began rushing the ticket counter at a major u.s. airport. >> and protecting renters' rights. what city leaders in one south bay city are doing today to boost protections for tenants. today in the bay continues right now. >>> a very good morning here on your tuesday. 6:00 on the dot. glad you're spending time with us. i'm sam brock. >> everybody is getting up early. i'm laura garcia-cannon. let's get a look at that early morning forecast right now with kari. pleasant out there? >> pleasant now, but very waurnl later on today. especially fo

. >>> there is a high-tech makeover for the san francisco city-owned garages, adding license plate readerspaid systems, credit card chip readers and flashing pedestrian lights in the goal is to improve security and convenience . >>> if you own an electric car you have new location to charge your card -- charger car, at the berkeley west branch library on university avenue at a cost of $1.50 per hour and the parking fee. the charging station partially powered by the solar panels on the library route and that would join the other city charging stations at the berkeley marina and the oxford telegraph parking garage. >>> no firm date on when the long-awaited smart train will roll through sonoma and marin county but the daddy train schedule has been released for the smart trains, 34 trips every weekday between the sonoma county airport station in downtown san rafael. it will take 67 minutes for the 43 mile trip. on the weekends the trains run 10 times and compatible with the schedule of the ferry. the train service should begin in late spring. >>> it is 544 -- 5:44 am. >>> it will be interestin

tech. >> it has been an amazing journey so far. mobile our 11th citi challenge.t even believe it. we began to latin america. we have been to the u.s. and we were in bangalore a couple of days ago in singapore and we will be going to sydney and now hong kong. ♪ we look at the sintech ecosystem and invite people to make banking better. as a 200-year-old institution, we do a lot of things really well, but the industry is changing quickly. we look at these innovators to platforms, our products, and really improve how we deliver solutions to our customers. ♪ >> i think it is a very good experience. it is more like people sharing, people sharing their ideas, how and use leverage syntax technology to connect people. i think that is a very good experience. >>: good morning ladies and gentle man, thank you for having us today. mobile challenge can help app developers get their product in the market and scale up. >>: i think it looks perfect. i think we are ready to go. >> when i sit in the audience and watch them pitch, i feel honored to be there and really optimistic. th

. >>> a high-tech makeover for the san francisco city-owned parking garages in the city will add license plate readers, prepaid systems, credit card chip readers and even flashing pedestrian lights to 22 garages and the goal is to improve security and convenience. >>> it is 6:46 am. >>> let's check in with garcia -- gasia. >>> more people use the san francisco muni than any other transit system and the bay area and now we take a first look at the muni new streetcars and we will explain what is different about this revamped version that promises to improve the passenger experience, and we will tejas and you can see the new cars on the city streets. >>> the global cyberattack underway and experts say could grow bigger than the "wannacry" virus we have been reporting on all week, how it works and why this could turn out to be more profitable than the ransomware. the stories and much more and 18 minutes.>>> thank you. >>> it is 6:47 am. >>> fighting fans could get what they want, the match between conor mcgregor and floyd mayweather jr..>> the mma has confirmed he is signed a contract to fig

there are techs to help customers out. new york city will be getting a second amazon store this summer. with the fox business network, i'm tracy. >>> fox 2news starts now. >> walking off the job after finding a noose. caused a day ripple effect on get egg goods there. >>> for the second time a hang man's noose was displayed on property belonging to the port of oakland and caused a walkout and response by the union of employees. ed that walkout caused a backlog, tom? >> it sure did. beginning at 9:00, the operations of the international container terminal, one of its largest terminals, was idled. >> long shore man walked off the job after a noose or nooses were found on port property. the long shore workers union issued this statement. the ilwu is a progressive and diversion union and reject in the strongest possible terms racism in all forms. this is being vigorously investigated. the hang mans nooses for the second time is [indiscernible] conduct by the collective bargaining agreement. though the terminal reopened at noon, the damage t

. >>> san francisco's city owned parking garages are getting a hi-tech makeover. late readers, prepaid systems, credit card chip readers and flashing pedestrian lights to 22 garages to improve security and convenience. >>> up next after nearly 150 years the curtain is closing on ringling brothers circus. >> we'll tell you where people can see the greatest show on earth for the last time. >>> happy sunday fun day to you, a live look over san jose where temps are climbing this morning. you'll be well into the 80s for your afternoon. i'll have a look at what you can expect here as well as the rest of the bay area coming up. >> looks good, thank you. >>> the bay area job picture is bright as well according to state officials, the latest report showing unemployment is less than 5% in all nine of the bay area counties. san mateo county has the lowest jobless rate at 2.5%. solano county is the highest at 4.7% which matches the national average. all the other counties range between 2.7 and 3.6 for unemployment. u.s. economists consider 3% unemployment to mean everyone who

doctor's office of the future to show you how patients are getting high tech screening by subscription. ,,,,,,,,,,,,,,,, more than 400 city workers in to walk off the >>> you are watching kpix 5 news. >> our top story at 6:30 p.m. 400 city workers in sunnyvale ready to walk off the job unless they get a new contract deal by midnight. the strike comes after the employees association rejected the city's proposal which included a 10% raise and a $6,000 signing bonus. leaders say a strike would impact libraries, parks and other departments but public safety services would continue. that is not the only strike. >> local businesses plan to shut down tomorrow to join the may day protests planned across the country. kpix 5's joe vazquez is in the mission district in san francisco with a look ahead at what is billed as a day without immigrants . >> reporter: a lot of activists in the bay area calling for a strike in the bay area. talking a lot of marchs and also some of your favorite businesses could get shut down. >> tomorrow in san francisco a day without immigrant. [ speaking foreign language ] >> reporter: activists in the mis

so tonight, alex, the idea that a town or city would be paying using tech scholars of citizens to facilitatee illegal immigration really makes me think that we are moving toward something unprecedented and horrible. i can't imagine how you can support some like this. >> i don't support a local community or a town using taxpayer dollars to disband an illegal immigrant or anything like that. but i do think it's appropriate as some local towns and communities having rules about to the degree which they will cooperate with customs enforcement. that's really the one that i think is gone. >> tucker: we're way past that. i'll used to think that the argument from the left was you can deport people who committed crimes, violent crime, property crime but leave the rest here. now the new position on the left as articulated in a piece you're quoted in an "l.a. times," two different big immigration groups are arguing the national day laborer organizing network and the coalition for immigrant rights of l.a., both are arguing that the u.s. government has the right to deport nobody here illegally, nobody no

vancouver is a great city for many large u.s. techho are having trouble bringing someone into the u.s. they bring them into vancouver instead. that has been part of our structure from the beginning. so it has been less of an impact for us. we also have offices in dublin and melbourne, toronto and new york. immigration issues have been less -- they make people who work at slack as citizens are more concerned about than i am as the chief executive of the company. but there is a general atmosphere of uncertainty when it comes to trade policy, when it comes to tax policy, when it comes to immigration, and in that context, it will be difficult for businesses to make decisions. communication software is going to be needed either way. >> talking about acquiring talent, specifically internationally is another issue , that we are having to consider seriously in britain as well. a lot of the talent comes from the continent, and problems can be caused. do you have to consider both sides of the atlantic and the talent? stewart: yes. we don't have

cities across china. haidi: you have the big tech tencent allaba and going into this live streaming video space.iving growth going forward? reporter: it is certainly a bit of a challenge. only huge players with a lot of money targeting the same space. seen the newsady people on facebook where people go for breaking news. transition that into a platform for live video streaming as well. haidi: in terms of investments, we are also seeing a number of these companies putting longer-term bets when it terms -- comes to content like hollywood entertainment. is weibo doing the same? reporter: weibo is doing -- being quite smart. the ceo is a former pricewaterhousecoopers ceo. it is ridiculous the amount of money that is going into this industry. this is more user generated content which is cheap for them to produce while still getting a lot of hits. haidi: they do so much for that. bhp, take a look at how they are trading this morning. we see an overall down session when it comes to sydney. the whole material sector is a bit behind today. so many could be meeting with elliott management to discuss aspec

are back to normal this morning. ( darya ) san francisco is planning to go high-tech at its 22 parking facilities. the city to upgrade the parking structures over the next three years and add features such as license plate readers. it will show who comes and goes... and could help drivers who lose their parking tickets. there also will be a pre-pay feature so drivers can avoid long lines. the payment system will also be upgraded. the city says it will also install credit card chip readers to help prevent fraud. ( mark ) supervisors in san francisco are also considering new ways for people to pay for city fees and fines. the city's task force wants to base a ticket amount on a person's ability to pay... instead of setting the same cash amount for everyone regardless of income. they found traffic tickets in california are some of the highest in the country. four million people in the state have had their driver's licenses suspended because they could not afford to pay the fines. the task force recommends that the city offer community service options and flexible payment plans. there is a separate plan moving

housing experts say high tech salaries and low inventory are squeezing teachers out of the city. the problem is so acute, san francisco mayor ed lee recently committed spending $44 million towards a teacher housing project in the city, which would offer educators subsidized rents. >> it's a great start. anything that you can do to increase the affordable supply will make a meaningful difference. but it's not enough. this is a national problem. >> reporter: many teachers in the region make on average between roughly 70 and $80,000. but a recent study found there are no homes in either san francisco or silicon valley that are affordable for teachers to buy. >> people, especially teachers, should be able to find decent housing. >> reporter: this housing development in santa clara, california was built more than a decade ago in the wake of rising rents. teachers who live here pay below market rents. cheeks says she'll be moving again soon, this time to a rent controlled apartment in san francisco. a place she hopes she can finally call home. a spokeswoman for the san francisco unifie

it's also home to a major army base, a high-tech hub, and the closest major u.s. cities or north korea. the state's top emergency planners as the current law is no big deal. >> we do not have a specific plan for nuclear attack, nor do we have a specific plan for a volcano or a number of other types of hazards. >> he says he needs to spend resources on prepping for the most likely disasters. there would be overlap in the response for an earthquake or dirty bomb attack. military experts believe north korea is still at least three years away from having the capability to hit the west coast with a bomb. it's got the attention of west coast lawmakers who have introduced a bill that would scrap the current restrictions and allow for the planning to save as many lives as possible. >> james: dan springer. more arrests in more self-examination in england, a week after the deadly bombing in manchester. senior foreign affairs correspondent greg palkot is in london. >> a week after the brutal bombing at the manchester arena left over 100 injured and killed 22, the investigation is i

vancouver is a great city for a large u.s. technies having trouble bringing people in, they bring them to vancouver. that has been part of our stop share from the beginning. it has had less of an impact for us. we also have offices in dublin, as i mentioned, mahlberg, toronto. the immigration issues -- people who work at slack as citizens are more concerned than r.i.m as the chief it --than i am as chief executive of the company, there is an air of uncertainty when it comes to trade policy, tax policy, immigration. in that context they can be difficult for businesses to make decisions. there is obviously also -- luckily, communications software will be needed either way. emily: that was stewart butterfield, ceo of slack. one disclosure, the venture capital arm of bloomberg lp is an investor in slack. a story we are watching, facebook is stepping up its review of controversial videos, including videos per train crime in suicide, this after recent murders in cleveland and thailand were both posted on the site. mark zuckerberg said th

spokesperson says this case is still open. ( mark ) san francisco is planning to go high-tech at its 22 parking facilities. the citys going to upgrade the parking structures over the next three years and add features such as license plate readers. it will show who comes and goes... and could help drivers who lose their parking tickets. there also will be a pre-pay feature so drivers can avoid long lines. the payment system will also be upgraded. the city says it will also install credit card chip readers to help prevent fraud. (darya) supervisors in san francisco are also considering new ways for people to pay for city fees and fines. the city's task force wants to base a ticket amount on a person's ability to pay... instead of setting the same cash amount for everyone regardless of income. they found traffic tickets in california are some of the highest in the country. four million people in the state have had their driver's licenses suspended because they could not afford to pay the fines. the task force recommends that the city offer community service options and flexible payment plans. there is a separate plan

tech. this is bloomberg. ♪ emily: a story we are watching, city analysts wrote a note on apple acquisitions.argets, netflix, disney, hulu, tesla. they said netflix would be apple's best bet. the iphone maker could use 1/3 to buy netflix, and 2/3 for buybacks. youtube is planning to expand original content. they are getting even bigger. thursday the announced a half dozen original series available for free on the world's most popular video website. the alphabet-owned company hopes to attract viewers and advertisers. here with more on the expansion plans. what do you make on the reality is succeeds? >> my first take was, oh no, more tv. my friend said the handmade scale is great. but now i have to subscribe to hulu, too. but they invented video on the internet. we're seeing a huge push by them in the last year or so. they have 35 channels coming out, a typical cable-like bundle they are offering. you have youtube red with original programming for $10 a month. some you will be able to watch for free. it is a big push to captures some of those original programs. in the big picture, google crushe

it is also home to major army base with a high-tech hub and the closest major us city to north korea.te's top emergency planners says the current law is no big deal. >> we do not have a specific plan for attacking her to have a specific plan for a volcano for a number of other types of hazards. >> - says he needs to spend limited resources apparently most likely disasters. there will be some overlapping response for say a major earthquake or a dirty bomb attack. which they have done drills four. expose north korea is still at least three years away from having the capability to hit the west coast with a nuke. as the attention of lawmakers that introduced the bill would scrap the current restrictions and allow for the planning to save as many lives as possible. in seattle, fox news. >> a frightening scene on american airlines flight to hawaii. a turkish man was arrested after apparently trying to get into the cockpit. during the flight! passengers were able to stop him using a drip cart to block his path. the whole thing because two fighter jets even to escort the flight to safety in h

plus: in our tech report: the products apple now says are >>> time check 6:08. up for debate the bay area city looking to ban outdoor cannabis gardens next. >> plus, in our tech report, the products apple now says are obsolete. >> okay. so we got what we wanted. the rain finally shut off. but now the heat is ramping up and i'll talk about how long it's going to last. >> we are tracking delays for drivers heading through hayward along 880 but also a new problem along 680. is this part of your commute? find out coming up. >> closed captioning for this newscast is sponsored by "living spaces." ,,,,,,,,,,,,,,,,,,,,,, giving people options based on their budget is pretty edgy... kind of like this look. i'm calling it the "name your price tool" phase. whatever. cyclists. kpix 5's jessica flores is live at yerba buena island.. to tell us where cyclists can ride every day of the week. jessica? >>> weekday rides are about to get scenic for east bay bikers. jessica flores is live at treasl where signing -- at yerba buena island tells us where cyclists can ride every day. >> reporter: there's a new $2 mi