we had this enormous misallocation of resources into tech and out of tech. i think we would have been better off with much less volatility on the upside and downside. >> host: back to your stanford class was that done in the economics department, computer science, which department? >> guest: we did it to the computer science department. we thought that it would be the best way to reach a lot of the people who are starting these companies. there is sort of a strong bias towards engineering product as the core of the new tech companies. although is really open to the people across the board in the university, got a lot of attention. >> host: peter thiel, you're quoted in several different places as saying we wanted flying colors we got 140 characters. what does that mean? >> guest: well, it's a tagline on our venture capital website and it's basically that if you so think about the promises of the jetsons of the '50s '60s, all the fantastic ideas people have the technology. there is a sense something like twitter is not enough to take our civilization to the n

these tech jobs are collaborative, engaging, i paid. there has been fabius innovation on these coding classes how do we get the scaled into our community colleges? how do we help with people who are in companies that are not making the jump to the next wave in making sure that the leadership and talent there is retrained. computer science, new languages and technologies cloud-based things, that they need to move to good leveraging the infrastructure we have in doing the policy side of that, whether it's making sure that trend can use some of their g.i. bill money for the retraining, really thinking through the ecosystem of engaging americans into that especially our youth. >> presidential candidates have been talking about this for 20 years. where these it working? >> it's amazing to watch. people are seeing a percent take-up -- 80-90% pickup. they are nascent. there are not millions of people. there's beginning to be hundreds and thousands into these programs. you can imagine it's like taking a semester long class and bring you into co

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. >> 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? >> 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 cross over

tech, oil and retail took a stand. restaurants and bio tech couldn't save us but it wasn't for lack of trying. how about sherry in new york? >> hello jim. i must tell you i am a huge fan. i just adore you, love your positive energy enthusiasm and the sanity you bring to this manic market. >> you have a british accent too. >> caller: i hope i am not too cheeky when i say i look forward to you every night, jim. >> not cheeky at all. very reassuring. >> caller: i am calling about dlak which is a play of these falling oil prices. you think this stock would be up orders of trucks and suvs are up. ford and gm stock are up. trak had a rocky day. i want you to stay in it and i want to thank you for those masterfully kind comments. made me feel pretty good. i want to go to teeno in arizona. >> caller: booyah, jim from arizona. >> you are going to be the site of the seahawks patriots game. what is going on? >> he's a colts fan! he didn't like that. he is looking for green bay and colts. it does happen. i won't make that mistake

the bio techs are immunized.arnings will be just fine regardless of how the global economy is doing. the cornerstone of the strength is that there has been a little noticed change in the way that bio tech companies do business. market hasn't caught up with us yet. i think it has insight that we are working on here. in the old days the bulk was one drug wonders. they would rise and fall based on the success of a single miracle drug. you would have a home run in your hands. if it failed in the approval process then you have a strikeout. i noticed that smaller bio tech companies are no longer one trick ponies. i think there is a change in the group. these days the best bio techs are no longer about discoverying individual drugs but are about creating what i call technology platforms. they can put as many successful drugs a pipeline within a drug. tonight i'm going to go over the ten best performing of 2014. first let me give you a play that didn't make top ten. i think that isis we spoke to the ceo last night. we th

kim i would tech mar i would kick tang i would tech wiener i would tech yee i would tech.11 i wouldtech >> the committee would now reference is adopted unanimously. [gavel] and mdm. clerk, can you please go item number three. cody three >> [reading] >> supervisor avalos >> i believe this item, 43 his neck strictly tied to item 17 so would like to continue it to the next supervisors meeting in two weeks so can be heard on the same date as item number 17 >> supervisor avalos wickett has made a motion to continue this item second bite without objection this is continue to the next meeting on the board of supervisors january 27. [gavel]. mdm. clerk other any other items before us? >> yes mdm. pres. the in the more humans that the meeting be adjourned today in memory of death was supervisor avalos police ms. karen elizabeth mccoy. behalf of supervisor christiansen, billy commissioner patricia thomas. on behalf of supervisor kim for the late mr. kenneth harold l. on behalf of supervisor mar for the late tom bowman. on behalf of supervisor yee the late mrs. pat and on behalf of supervisor

kim i would tech mar i would kick tang i would tech wiener i would tech yee i would tech.11 i wouldtech >> the committee would now reference is adopted unanimously. [gavel] and mdm. clerk, can you please go item number three. cody three >> [reading] >> supervisor avalos >> i believe this item, 43 his neck strictly tied to item 17 so would like to continue it to the next supervisors meeting in two weeks so can be heard on the same date as item number 17 >> supervisor avalos wickett has made a motion to continue this item

tech job. this shows you the category of professional technical scientific services employment.. yes. employment in that area. it really when i look at the data, i was surprised i didn't believe it initially. but over the past five years 25,500 jobs have been created in this category. it accounts for 45 percent of total job growth in the metro division. that is once again an amazing accomplishment. these occupations paid over $90,000 per employee versus the us average of about $70,000 in the same categories. and, when you look more specifically within the tech sector, 160,000 per employee. so these are very high wage jobs. we all are aware of the rapidly expanding startups to mike top boxes are unpacked down to the list. there rapid clip and absorbing tremendous amounts of office space in the area. but it's not just startups. companies like oracle are diversifying. their employment-based hiring in the city. i then programmers and developers in the city. and further scrambling to find enough spa

ad tech. we could go to the market with robust ad technology.ith this expressive canvas we had been working on for the last seven years. that was a monster combination for this industry. that suddenly gets to benefit from the work we had been doing. >> one of your investors recently talked about companies at some point 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. the annual burn rate was almost 50% of the entire fund. >> we were making money. we had a big burn rate. we would have been able to -- the options in front of us were raised what you call like a growth round. get somebody to cut you a big check. or find and acquire, take on the burn rate. >> what about user growth? give me numbers in terms of where tumblr is today. >> at the time of the acquisition, we were 100 million blogs. we crossed over 200 million blogs. we reached 450 million people all over the world. >> it looks like it has dipped. >> we use them for our advertisers. it is pretty

there's no tech industry. there is tech-enabled everything. an unbelievably interesting time to be the same kind of retailer that five years ago you thought was going away because of the internet. there is a tremendous number of companies that have emerged that are trying to help you develop new experiences to get your customers. 10 years ago you thought amazon would destroy your entire industry. now you are on the upswing because we want all new experiences of how we shop. >> so you think there is no such thing as the tech industry? or in the future, the tech industry won't be so defined? >> it will be less defined. you will still have silicon valley, it will be seen as the software layer of every other industry. >> your tweets are widely followed. semi-funny. thanks for the good material. in response to concerns you would rein in your tweets in -- after you filed to go public, you tweeted out a picture of a missouri law firm. >> i don't know how the law firm felt about it. [laughter] >> hopefully you don't get sued over it. >> they didn't su

♪ >> he has been called tech's boy genius. perhaps the only ceo who has refused to keep a schedule.avid karp started tumblr before he was 20. he sold it to yahoo! before he was 30. it is now one of the most creative and social blogging platforms, all from a guy who dropped out of high school. , lives in a loft, and drives a investment. tumblr founder and ceo david karp. thank you for having this on the schedule. >> i do have a schedule now. >> now you are part of yahoo!, you have meetings. >> we have some meetings. we had a pretty real schedule. this has turned into a major team of 300 people. a major business we launched 1.5 years ago. >> tell me about you, where you grew up. >> i was born and raised in new york city. my mom was a teacher. my dad was a composer. he did a lot of work for television, particularly news. i found myself surrounded by all of this creative technology growing up. in my dad's recording studio. and my mom's work in the recording industry. i remember spending those nights and weekends in the recording studio. it felt like the starship enterprise. >> when did

there's no "tech" industry. there's sort of tech "enabled" everything.is an unbelievably interesting time to be the same kind of retailer that five years ago you would have thought was going away because of the internet. there is a tremendous number of companies that are trying to have emerged that are trying to help you develop new experiences to get to your customers. right? 10 years ago you thought amazon was just going to destroy your entire industry, and now you are on the upswing because we want all new experiences of how we are going to go shop. >> so you think there is no such thing as the tech industry or in the future the tech industry won't be so defined? >> i think it's going to be less defined, is the idea. you will have silicon valley. but, you're going -- that should be seen as the sort of software layer of every other industry. >> your tweets are widely followed. semi-funny. >> thank you. semi-funny. yes. >> thanks for the good material. in response to concerns that you would reign in your tweets after you filed to go public, you tweeted

so much for high-tech. low-tech is the answer. >> reporter: and of course h this is not the first time that a virtual break-in has happened in a baby monitor, and if you pull the plug out, it can wipe out the i.p. addresses of who hacked in and they remind people to change the default password when installing a baby monitor, and to turn them off when they are not in use. >>> they are in high demand and a perfect storm if you will. >> it is maybe the bay area's hot new neighbor and how one of the valuable high-tech communities in the world may help one community strike it rich. >>> did it go too far? the magazine cover that has women outraged. >> and the new information on alcohol that may have you re-thinking that next drink. >>> and jeff ranieri with the new information on the next storm. we are tracking inging fog, and we will tell you where it is the thickest next. >>> outrage in silicon valley over a controversial cover and title, and what silicon valley thinks of women. it is about women in the tech fo

bio tech is the ultimate sentiment. no earnings, it's all about potential of these drugs coming out. i use bio tech as an indicator of market sentiment and kind of actually heartening to see the fact there's a billion worth of deals coming out this week, meaning still positive sentiment. >> real quick -- >> real quick. >> i think there are ten or more. >>> coming up next, it is the social stock that logged serious gains since the start of 2015, behind twitter's stealth rally. >>> later, stocks here in the u.s., back in two. can't say thank you enough. you have made my life special by being apart of it. (everyone) cheers! glad you made it buddy. thanks for inviting me. thanks again my friends. for everything, for all your help. through all life's milestones, our trusted advisors are with you every step of the way. congratulations! thanks for helping me plan for my retirement. you should come celebrate with us. i'd be honored. plan for your goals with advisors you know and trust. so you can celebrate today and feel confid

so in a way, for the tech worker community, it really is largely symbolic. >> reporter: tech analyst rob says this means companies can't abuse their power to keep employees from betting what they are worth. >> the case is protective of the worker to get them a wage consistent with how valuable they are. >> reporter: a judge will have to approve this deal. it is $90 million more than the previous offer which a federal judge in san jose rejected because it wasn't enough. in los gatos, betty yu, kpix5. >>> tonight, apple, google, and adobe are not commenting. intel denies the allegations. >>> a close call in burlingane tonight. this car ended up wedged on the cal tran track. andria borba has the story. >> reporter: well, the good news is no one on the train was injured. the people in the car weren't injured and there was one little boy on board that first car you saw who wants to tell you the whole story. the video of this hyundai versus caltrain is self- explanatory, but we will let fourth grader neil alexander tell you what happened. >> it came on the track. it missed our target of tu

there's no tech industry. there is tech-enabled everything.lievably interesting time to be the same kind of retailer that five years ago you thought was going away because of the internet. there's companies emerging to develop new technologies to take your customers. 10 years ago you thought amazon would destroy your entire industry. now you are on the upswing because we want all new experiences of how we shop. >> so you think there is no such thing as the tech industry? or in the future, the tech in industry won't be so defined? >> it will be less defined. it will be seen as the software layer of every other industry. >> your tweets are widely followed. some are funny. thanks for the good material. in response to concerns you what -- would rein in your tweets in response to going public, you tweeted out a picture of a missouri law firm. >> i don't know how the law firm felt about it. [laughter] >> tweeting as much as you do -- why do you do it? >> one myth is i generally only tweent once a day. quite a few are way behind -- >> you are way beh

seattle tech community. it's cool to work at microsoft again. no longer something people on the sidelines of soccer games have to pretend they don't work at microsoft. it's acceptable in seat toll work at microsoft. that's a big change. that's the same thing mas ris sa is trying to do at yahoo! and satya at microsoft. one example, takings the microsoft office suite of apps and putting them on ios, small thing not going to move the needle for microsoft profits, but it says a huge statement to the technology community that microsoft is now platform agnostic and embracing mobile. the one thing speaks volumes to the tech community. that's the beginning of a turnaround i think. that's the hopefully the tip of the spear for microsoft over the next couple years. >> absolutely. >> brepts, one final question, i'm wondering, we talk about microsoft being cool. it wants to reinvigorate some of its products and one of the strategies is giving them away for free. that's pretty much where the revenue weakness is going to

. >>> going high tech - programming for peace, and why youtube is on board. >>> so glad you are with us on "the stream", where you, the viewer, helps drive our conversation. my cohost and digital producer brings in all your interaction. you are talking about libya, and something that could unify the country in all this chaos, it's hard to unify that. >> we hope to unify. there's so many divisions inside outside libya, this is a hashtag "i want my country back" and, "keep calm, love tripoli", that is divisive. and barack obama in an interview called libya his biggest foreign policy re gre. >>> the hope and optimism seems to have come to a halt in libya as it's embroiled if civil conflict. three years after a mass uprising and coalition overlieu president muammar gaddafi, the country is grappling with powerful and well-funded militias. widespread violence, economic instability and split factions. some wonder why the west hasn't done more to finish what it started. what can the u.s. and allies do at this late stage. joining us is a libyan american at oxford libya. providing information

tech and yahoo! travel, those are built on top of tumblr.unched a few months ago was the ability to take that advertising for the tumblr network, where you come to get the reach demographics and engagement of the tumblr network you take that and offer it to the full reach of the network of yahoo. >> catch the full episode tonight. 8:30 eastern and pacific. "bwest byte," we focus on one number that tells us a lot. shelby holliday joins us from st. louis. it is toasty warm. maybe not so much. what is the byte? >> it's really warm out here. today's byte is 1121, the percentage growth of tech startup funding in st. louis making st. louis the fastest-growing tech city in the united states. that is according to cb insights. i'm not saying st. louis is the next silicon valley. all you people in northern california can cool your jets. there are a few reasons why st. louis is a great promising place. number one, there is plenty of talent. it's relatively inexpensive. the toasted ravioli is a big hit out here. there are a lot of young people out here

>> i believe tech is inherently inclusionary. tech wants to bring people in.h wants to include as many people as possible. the reason i am so confident about that is because of the incredible coverage that -- incredible people in silicon valley from the incredible number of countries. the challenge is, we are still underrepresented when it comes especially to women, and then in the u.s. when it comes to african-americans and latinos. >> should women ask for raises if they think they deserve one? [laughter] >> yes. they should. yes. [applause] i don't care what anybody says, i think women should ask for raises. i'm a fan. i think these are solvable problems. in particular, i think these are solvable problems in two different ways. one is pipeline. there are not -- women are only 15% of computer science graduates in the u.s. which is just simply too low. we have to get more women into computer science. the other is access, network. the three organizations that we are funding are working on both sides of that. both the pipeline part and the access part. i think i