it turns out that the google leadership, they are kind of the same personality. ey said, absolutely yes. i came up with this name, google x. they came up with this project. we got our very first prototype. it literally waited two kilograms. >> two kilograms on your face. >> it was a backpack. then we strapped cellphones to my glasses and my nose would get crushed. it took a whole bunch of iterations to make it something you can actually wear in normal life. >> some of the other projects, project loon, the effort to connect the world through balloons that are in the atmosphere. >> that is another one of these crazy moonshots that you have to be a believer to even attempt it. and just by sheer thinking about it, this idea came up that they could actually launch balloons. and attach satellite-like equipment to balloons. the downside of balloons is they are exposed to wind. >> what is the potential? >> the potential is an entire internet up in the air and they have the balloons over a set of very low costs that provide unprecedented bandwidth and coverage to places th

transition into the space, preparing to offer an uber like service. googlen eric schmidt hosted anthony foxx at the company's mountain view campus and i caught up with foxx to hear about his view on the future of transportation. secretary foxx: we are looking at what is way in front of us, because what is way in front of us will be more impactful in terms of defining our future if we are not careful, so we would like to be in the position of defining our future rather than letting it defined by things that will make it worse for us. cory: so what is the biggest sort of most difficult read with the current planning that policy is not addressing? secretary foxx: i would say there are two things. one is that their funding approach is not budgeting towards outcomes. if we want to have this done what it will mean investing at a much higher level than we are doing today. across the board, not just the federal government, but state and local governments. secondly, on policy, it is not just a question of having more money. it is also how that money is being spent, s

google ventures has been one of uber's biggest investors. the head of google's car project was at the detroit auto show last month. he talked about that vision saying driverless cars are likely something that are shared. that is concerning to uber. uber is considering maybe asking david drummond to step off the board. there is a report today in the blog tech crunch that uber may be looking at starting its own autonomous vehicle lab in pittsburgh with folks from carnegie mellon. what we're seeing is the very earliest stages of a friendship turning a little bit sour. >> what was it 258 million dollars, that is how much google has invested in uber since 2013? >> that was the first investment in 2013. then there was a follow-up investment in 2014. i don't think the exact amount was ever revealed. the great irony is that google has made an enormous return on its investment in uber and can probably fund the development of this uber alternative with the proceeds of its investments in uber. i'm sure the folks at uber don't get a lot of satisfaction out

what is the role of google here? a comic you stink. i'm going to tell the whole world. oing this? >> there is a very serious issue underlying this. google has ramped up its security bond rebuild the research in light of the nsa disclosures, and google is basically saying to the industry even companies like microsoft, who have really established policies for these kinds of things, you are not moving fast enough. you have got to move faster, and 90 days is a good amount of time though it is trying to move the industry, provoke it into an accelerated rhythm on this process, and they are saying, if you don't fix this hackers and governments will get inside your systems. >> wo,w how to win friends and influence people the google way. thanks. remember, you can get us on bloomberg online and on bloomberg radio. we will see you tomorrow on "bloomberg west." ♪ ♪ >> from bloomberg world headquarters, i am mark crumpton. this is "bottom line," with a main street respective. to our viewers here in the united states and to those of you joining us from around the world, welcome. we ha

now to the lead -- the fight is on to rule the future of transportation. it may end up being google and one of the companies it has already invested in -- huber -- uber. they have also set up a lab in pittsburgh. not to be outdone, google is said to be developing its own ridesharing service that may be integrated into self driving cars stop which company has the leg up here? joining us the a skype is john leonard. i know you know these worlds well. let's take this piece by piece. i saw eric schmidt yesterday and he spoke cautiously and boast initially about that early investment in uber. what do you think google has learned about the uber business? >> it really is an exciting time and i got the chance to speak to uber at m.i.t.. they were getting an academic perspective on self driving cars. it is clear part of the excitement here is all the data uber has. they can map new york city dynamically every five minutes. so there's a dynamic play between getting and using data to better understand the transportation system and get more efficiency out of it. >> the data is the thing that br

we are going to talk about with this robot dog means for the future of google, the future technologyre of data collection. you can always catch us on your favorite device. we're streaming on your favorite device, amazon tv, apple tv, you name it, we are there. ♪ ♪ >> you are watching "bloomberg west" where we cover innovation, technology and the future of business. i'm cory johnson. is uber worried about google rolling out a series of driverless cars? a board member spoke at the goldman sachs technology conference. >> a lot of really large companies have done a good job at what i would call distracting the press by profiling self driving cars or drones. how many large market cap companies have done a drone pr they want to appear innovative -- event? they want to appear innovative and this kind of thing but ask any analyst covering google where are the revenues for autonomous cars in the next five or 10 years and i know the answer, it's zero. >> zero. revenue aside, google is spending a lot of money on those moon shots and that includes the acquisition of a robot company boston dynami

next up, nick, a great piece on google glass in the times the headline why google glass broke and youhronicle the ri and fall of glass and place a lot of the blame on sergei in particular. talk about that. >> yeah. it's interesting. when google x started, you know, several years ago, the executive team at google came up with this idea for 100 futuristic things they should do. the number one thing, to build some sort of wearable computer. no idea what it was going to be. they brought in sebastian who was the first guy that built driverless cars and said build this lab and started building these glasses and sergei got involved and what happened was there was a split very early on and it was the idea was we know this thing we built is not ready, not even close to ready, but we want to start testing it and sergi wanted to test it in public and how the public reacted to it. he ended up winning all the google x people didn't want do that, wanted to do it in private and the thing back fired from there. >> this is the sort of thing, this development process, the sort of things companies do bu

some of the sort of parts of what's involved in the google car. so it's a different sort of set of techniques and skills than sort of the traditional detroit auto making industry. >> tim higgins, i love, i didn't think about this when the story crossed but then i saw your byline york came from detroit where you covered automakers you come here to cover apple. what are the similarities between these companies? >> apple has a lot of cash. auto industry churns through cash quickalism usually about $1 billion for a new car to created. >> $1 billion for a new car, for companies that have been making cars for a hundred years. >> it's an expensive time-consuming process. apple has billions, they're not short on cash. they're used to doing supply chain management around the world, used to dealing with the retail network all over the world. in some ways they have a lot of things in place that global automaker would have. that said, designing and building cars are complicated, something that trips up even long experienced automakers with regulations, safety,

i would probably put them in the safe camp. i think googlewith the profitability of the search business and this insane foot print of android, i would put them in the safe camp, too. on facebook, i think they're working through an interesting challenge. they have lost the trust of their user. if you ask someone, do you have certainty who is seeing your facebook content, my guess is 90% of the people would say no. that creates anxiety. i think it made room for snapchat, which we are an investor in. even, a company like nextdoor, which we are also invested in. because that lack of trust limits what you can do next. >> and apple? >> i think apple's only problem is android. and google. and google's willingness to be aggressive. apple should have paid anything. flat out. if you're going to pay $3 billion for a headphone company, $2 billion for a maps company is a no-brainer. i also think they should have found a way to broadcast. i have a deep respect for tony fidel. >> should apple buy twitter? >> i don't know if they would know what to do with i

a board member has seen screenshots of the app. google ventures invested but it seems like the companies might become competitors rather than allies. you can see more on the rival to over -- uber. >> a feast of earnings to get your teeth into. coming up, another lumber exclusive. >> we will be talking about renault and russian. launching a new model. that is after the break. ♪ >> renault has launched its new crossover vehicle. it will be built in spain. and at a new plant in china. the chief executive carlos gomez has been speaking exclusively to bloomberg about the decline of the russian auto market. it declined by one third in two years. >> this is not the first decline this year. this will be followed by a forecast decline of 20% which is one third of the market. it is already pretty bad. for the forecast we have in 2015, we should be hopefully at the end of the tunnel but you never know. >> apple sold $6.5 billion in bonds. that is the fourth major debt offering in the past two years. apple issued the equivalent of $39 billion in bond

to that's -- that's the number of days google has even to patch problems. missed and found their results posted on the corporate log in the companies are at each others throats about patching security holes for the government can find them. next what are they, tattletale? what is google's role? i caught you and your company stinks with your cyber security. why is google doing this with mark >> there is a serious issue underlying this which is google has wrapped up -- has ramped up its search in light of the nsa disclosures and google is saying even companies like microsoft that have established policies, you are not moving fast enough. you've got to move faster and 90 days is a good amount of time. it's trying to provoke the industry into an accelerated rhythm on this process and they are saying if you don't ask this, hackers and governments will get inside your system. >> how to make friends and influence people the google way. thank you very much. you can get the latest headlines all the time on your phone tablet and on bloomberg radio. we will see you tom

the familiar google street view only showcasing the bay area cities from the water. tually, you'll be able to navigate your way accessing hundreds of miles of shoreline. baykeeper won $100,000 google grant for the project. >> i think it would be amazing having google maps which is fantastic, i don't see any reason having visual access of the coast online wouldn't be. >> i love to fish, grew up around the coast. so it will help me. >> reporter: there is real science here. the system will help measure bay area water level changes that could help scientists study sensitive bay area happen tabs and keep track of changes to -- habitats and keep track of changes to the bay area shoreline. >> thank you, veronica de la cruz. >>> shipping is stalled at 29 west coast ports right now. that's going to stay that way for most of the long holiday weekend. terminal operators say they are not going to be hiring crews to load or unload ships. they accuse the longshoreman's union of slowdowns to gain leverage in contract talks. the pacific maritime association says negotiations resumed

cash and they had the patience? >> googleld not do anything in local if they didn't have maps. it absolutely enabled the rise of android. but no, it's not something they break out and it's not something that you could break out. it's really that fundamental. >> liz, do you think google is likely to maintain its mapping advantage? we know apple's maps have gotten better. there are rumors about them sending fans around silicon valley, probably trying to do some street view type things that google is doing. how do you think it turns out? >> the bar keeps getting raised. i was trying to think about what's the logical conclusion of this. i don't think anyone's -- i'm not saying google's going to do this, but a realtime live video feed of every location in the world would be the most accurate map possible, right? they're raising the bar all the time. people like apple is doing that as well as well. different angles of imagery. the next step for google is they've bought a company called sky box imaging last year for $500 million, an

the plane? i literally googled "flying robot" and the first result was drone. i googled drone, and the first result was autopilot. i said kids, we are going to build a lego autopilot. they said, all right, one last go. we sat together around the table and put together the plastic, the sensors, the processors, and stuck it in the plane. the next weekend, we flew it and it almost flew. the kids lost interest. i went down the rabbit hole. >> what year was this? >> 2007. >> this was before drones were cool. >> it was before drones were available to regular people. military drones -- something had happened. in that moment, i got chills. it should not be possible for a dad and his kids to build a drone on the dining room table with toy parts. 2007 turned out to be the key year. this hardware renaissance is all starting in 2007. the guts of the smartphones -- the chips, the processors. they were being made in the millions. the reason regular people were able to do things like drones is that the essential enabling technologies were now available to everybody. the questi

the fresh air. enjoy it. dry safe. have some fun. >> google wants to help you plan your next vacation. >> used cars are for under $10,000? "7 on your side" test drives with "consumer reports" to reveal the best bargains that are safe and long lasting on the road. >> first, we have weather and trafficburg the commercial break. check out my breakfast! i got eggs... sausage... ham... bacon... cheese... and toasted sourdough bread. uh, mine's easier. mmm... (eating sounds) do you know that guy? get a load of jack's loaded breakfast sandwich. what's on it? what's not on it? two freshly cracked eggs, ham, sausage, bacon, and cheese all on toasty sourdough made just for you. it's like a big ol' breakfast buffet right in your hand. this- is your new wallet. no. really. you can now use your capital one card with apple pay to buy this that... or a few pairs of these-all from your iphone 6 instantly. it's easy. honestly- it's pretty awesome. and when you have the capital one wallet app you can keep track of all your purchases. see what i mean? awesome. w

winners and the losers but that is the way the competition has been set up. >> jeff: siegel says that the google plan is designed to be a car free zone. those plans are due by the end of the day tomorrow. i'm jeff bush, live in mountain view, kron four news. >> pam: for the second time this month. a person infected with measles. has been traveling on bart. and officials say, more 15-hundred other riders may have been exposed. the commuter apparently boarded bart last friday february 20th. at the millbrae bart station near s-f-o. heading north. the train made several stops including south san francisco colma and daly city. the infected passenger got off bart at the civic center station in san francisco. health officials estimate that as many as 1500 people. possibly more. may have been exposed. the san mateo county health department says, since the outbreak started, four people there have come down with measles. hercules police say. a murder in one of their neighborhoods. is the result of a home invasion robbery gone terribly wrong. the 50- year old man who was killed. was found inside his garage

all the startups are developing drones. amazon and google. g us now is the executive director of the small uav coalition, a lobbying group working for the likes of amazon, google x, and also a senior policy advisor. what is in these rules that is good and what is that? >> the fact we have rules is in of itself great. it gives us a platform upon which to build. i would say there are problems to the extent that the rules will prohibit operations commercial operations of drones when there are personnel on the ground not associated with the project, which essentially will shift all commercial usage. it is a real problem. there are also some suggestions that there will not be an ability to operate outside the linux eight, which means it has to be a visual i hear the actual person has to be able to see -- so the very notion of the amazon drone that brin -- that brings a box and drops at your front door and hopefully does not clip your poodle, that is out with this proposal. >> yes. exactly. what most people believe and i think is true is that automa

been visiting city hall quietly the past few months laying out plans for a newer bigger googlegoing to be submitting that plan to the city council. i'm going to turn -- a year and a half ago, samsung announced a new building in mountain view, one council member was relived. >> glad to have a company coming in that didn't begin with g, into the we don't love google but they become packÑi mail. >> pack mail? >> pac-man. >> reporter:Ñi because google has been gob.ing up real estatement. >> resulted in a hodgepodge, an assortment of different types of buildings, some of them close to each oh some of them are far away. >> reporter: spilling over into office parks that are far from the center of campus, google's sprawling headquarters is at capacities. now the search giant wants to build a new headquarters on the old one. >> existing buildings occupied that will be razed and reconstructed. >> reporter: city council member ken rosenberg has seep the plans, not public yes. google is following in apple a's footsteps after iphonemaker convinced the city of cupertino to build the giant he

right side of the google. more people they hire more gas we can sell. >> reporter: he's watched a problem to mountain view. high rent. >> one bedroom, $2700. that's hurting many, many people. >> reporter: google dominates the local economy. back when samsung broke ground here, one city council member sounded relieved. >> we were just really glad to have a company in that didn't begin with g. i mean not that we don't love google but they've become pac man. >> reporter: that's because google has been gobbling up mountain view's real estate. >> it's resulted in a hodgepodge of assorted buildings some close and some far away. >> reporter: they want to build a new headquarters on top of the old one. >> existing buildings occupied will be raised and then reconstructed. >> reporter: city council member ken rosenberg has seen the plans though they're not public yet. google is following in apple's footsteps after the iphone maker convinced cupertino a giant headquarters that some say resembles a spaceship. >> the googl

the driver of the truck was taken into custody and is being questioned. google'sric schmidt will talk about the four-year antitrust investigation into google's business practice. this is the first meeting with google's executive since she took office in november. layoffs are coming at viacom the parent company of some cable channels including mtv, dealing with shrinking platforms because the competition. existing tech, bells and whistles, increasingly driving car sales. kevin, people aren't waiting for your hovercraft from tesla? they are rushing out to get the latest bells and whistles? kevin: really, what is happening is there was so little investment in technology through the bankruptcy of gm and chrysler, all of that pent-up technology is now hitting showrooms and with the average vehicle age being 11 plus years, people looking at these products are fascinated by the new tech that is out. cory: there are so many dynamics at play. there is the economic state of the union, if you will. there is the state of the debt markets with superlow interest rates right now

the criticism of google glass, not something they were developing behind the scenes and realized whenflopped, if, in fact, google shares that belief, they wouldn't release it to the public. they tried to sell it. they marketed it very heavily. and of course we know that they're rolling it back now. do you worry apple will see the same fate with the watch or do you trust apple's research capability and their design capability to put something out there that consumers didn't know they wanted before? >> what i would like to see is an investor with apple in the quarters ahead show me diversification of revenue and cash flow. i would like to see apple pay be a bigger part, apple watch, replace tablets were. don't show me d. >> replace what tablets were. tablets aren't going away. >> the large format, iphone 6 plus i just switched to last weekend, the reason i did that, i don't want the weight of that tablet in my bag anymore. so look, i'll never buy a tablet. this thing is monstrous, big enough. i don't need a tablet. i need them now -- now i worry we'll be 80% one product. show me the car

the piper. deep here is google. if they will get deep down into the booking part of transactions, they have tried but they have not had much traction. there are a fine though, their business model works just fine at the top of the funnel. >> mark rbc capital managing director. and sam shank. check this out. google created a new high-end robot named spot. before you kick this idea to the curb you have to think about what the robot dog means to the world of big data. next, on best of the west. ♪ >> welcome back to the best of "bloomberg west." well, is uber worried about google rolling out a service with driverless cars? bill gurly spoke to us at the conference where he had some tough words for google and its so-called moonshot project. >> a lot of the really large companies have done a good job of what i would call distracting the press by profiling self-driving cars or drones. how many large market-cap companies have done a drone pr event? right? and i think it's -- they want to appear innovative this kind of thing.

run mountain view, and they are about to announce the plans for the google plex. it is big and kon e trover shall. and peggy is what isissue? >> well, the issue is that google continues to expand, and where are all of the new e employees going to live and how do they get there? they are going to hand over the plans to expand and reportedly the plan is going to expand on a green and environmentally new campus to use housing as way to cutback on the traffic. >> reporter: new expansion plans for google has mountain view in a tough location as they accommodate for the new corporate taxpayer and those who feel that google is going to share in -- shrink their area. the plan focuses on those who are walking or biking to work. >> we are expecting to have house manage the area that will reduce the amount of numbers of vehicles traveling. >> and there is a mobile home park and a growing number of google employees are moving in. >> they are here already. >> reporter: and this man says that a number of the neighbors have brought the property values up. >> before it was pret th

but if you want to succeed, you have to pay the piper and the piper here is google. y at the top maybe along with trip adviser and nice economics on that. they tried for years and made halfhearted efforts. >> mark mahaney and sam shank. google created a new high-end robot called spot. what the robot dog means for the world of big data. that is next on bloomberg west. ♪ >> welcome back to the best of bloomberg west. i'm corey johnson. is uber worried about google rolling out a service with driverless cars? benchmark capital's bill gurly spoke to us at the conference where he had some tough words for google and it's so called moonshot project. >> a lot of the really large companies have done a good job of what i would call distracting the press by profiling self-driving cars or drones. how many large market cap companies have done a drone pr event? and i think it's -- they want to appear innovative this kind of thing. but ask any analyst covering google what are the revenues they have in their model for autonomous cars in the next five or ten years? and i know the answe

the homeless man was arrested on charges of threatening an officer. >>> happening today, google submittingits plans for new massive headquarters, the design comes from the same firm known for works like the fiery cauldron at the 2012 olympics. bob redell joins us from mountain view now more on the google plex. it's friday. >> reporter: it is, you're excused. good morning to you, sam. google has an enormous presence in mountain view with the sprawling corporate campus right behind me, which employs roughly 20,000 people and if you think about it, that's quite a lot, considering that this city, this town has a population of just 80,000. now the tech giant wants to expand with a new headquarters, a so-called google plex to be built within city limits that have some residents feel it's already overrun by google. >> there is a mobile home park in north bay, and a growing number of google employees are moving in there. >> it's actually bringing it up, bringing up the property values which is good. it's real good, you know. before it was pretty low but now it has brought it up quite a bit. >> we

now you see the model being exited and having a full stack competitor with google at the helm to competeple pay. cory: google may have been a pioneer, but you can judge the pioneers by the arrows in their back. tim cook said two thirds of all contactless payments are going to apple pay. suddenly they are the one to beat. >> that's more of a statement on how the adoption has -- how poor the adoption has been for the other players in the market not to take away anything from apple, but it speaks more to the velocity of adoption on their side as opposed to overall market share. cory: the requirements of merchants to except liability after october 1, if they don't have new cash registers, is that going to drive a big cycle? >> i think that it will because in order to incentivize these kind of these too reaching the staff, change their hardware infrastructure, a lot of these merchants have lots of locations to do this and. when you put something in place that has a functional money value to it, that decision can be made and the other players benefit from this as well. cory: is this a marketpl

>>> the face behind the mask, our first look at the man known as jihadi john. >>> and google's new plan to expand coming up today. >>> watching increasing clouds, breezy conditions this morning, leading to a chance of showers today, and maybe some thundershowers on the way for the weekend. we'll look at that in your forecast coming up. >>> even though it's friday, it's not light everywhere. couple key spots. we know what happens when the metering lights are on at the bay bridge but let me show you when half of the nimitz freeway is closed, coming up. >>> a live look outside from the south bay this morning, waiting for the sun's official arrival. nice start for a friday, february 27th. this is "today in the bay." >> a very good friday morning. thank you for joining us. i'm sam brock. >> and i'm laura garcia-cannon. it's been a few weeks but rain is on the way. this is a live look at san francisco and san mateo bridge from foster city this morning. no rain drops quite yet but that's going to change in just a matter of hours. rob mayeda will join us with a look at your microclimate forecas

google has the google wallet, and the google android phone. google is mining customers e-mails to look at the things that people talk about target advertising to them. when tim cook comes up that we don't do that and we think that's damaging to the way the people live their lives, threatening even to their lives, it's a very, i think pointed point of differentiation from google, and from facebook. and apple taking a very different approach with similar access to similar information. >> this is also a win-win for apple, is it not? the president is announcing that apple's mobile pay system is going to be enabled for users of federal payment cards that includes social security benefits, so a win for tim cook as well today. >> tim cook said at the goldman sachs conference that he was surprised, and i will take him at his word that the pace at which apple pay was adopted in the fourth quarter of 2014. he really didn't think, he things all their products of the greatest ever, but he didn't think the retailers in the midst of their very most importan

that's the idea behind google. the reason google is free is because advertisers are paying. he internet they don't trust the cable providers to do that. >> how about this netflix tweet yesterday and they tweeted one line, one word at a time, as if to show a slow pipeline, what if the internet was so slow it loaded one word at a time don't let comcast win. do they not have a point? >> of course they have a point. it would be terrible and we don't want the single point of control. that's why competition is important. >> the whole argument is comcast is so much faster than everything else you can get they have too much control and yet the argument is, don't let comcast slow down the internet. they're not slowing it down because they're so much faster than dsl nobody considers it to be competition anymore. >> if you are comcast you can have sympathy or a fan of comcast hey, come on when we built these pipes it was e-mail. netflix, every night, you are flooding the pipes with all this stuff we have to put more pipe in the ground, shouldn't you have to pay something extra for that

the data is timely, relevant and popular -- >> why does google need to have the data? o show relevant data but also timely data and that is what you get with tweets. the fact that you have a tweet that has been retweeted thousands of times shows the popularity of that tweet and google was to show that as well so i think it is twitter's advantage to be in the google search results but it's also good for google. >> i think jeff is right him -- jeff is right. facebook has excelled at contextualizing the experience. they know who your friends are and they know it you are thinking and i advertise to that for that reason, they are in a better place to get a higher cpm than google is. twitter knows what you're doing right that minute. they know the people you are following at that instant in ways google does not exactly in terms of search results. this will help google have more data and it poses a risk to google or twitter on some level because now they're secret sauce will be more exposed to the data geniuses at google. >> is it significant twitter came out with us today on

kpix 5's mike sugerman shows us its to power the google plex in mountain view. >> reporter: it's windythe altamont pass a good place for wind mills. they are bay area icons but even icons get a makeover now and then. the altamont windmills went up starting in 1981 and were among the first such wind farms in the united states. but change is in the wind. >> driving true that area you're going to see -- driving through that you're you're going to see different windmills. >> reporter: they are coming into the 21st century paid for by one of the icons of the 21st century, google. >> it's important that we get these important companies off fossil fuels and moving toward clean energy and this involvement at altamont is a great thing. >> reporter: garzon frost thinks it's great because the new windmills won't be the giant bird killing machines the old ones are. and he is with the audubon society. google will be buying power from some of these mills to power the google plex in mountain view. with 100% renewable energy. >> the new technologies while taking many fewer turbines to generate the sam

you have to pay the piper and the piper here is google. l stay at the top and they will reap very nice economics. i doubt they will get deep into the bookings. they have made halfhearted efforts for years and not had much traction. their business model works just fine. blacks -- >> google traded a new high-end robot named spot. you might what to think about what the robot dog means to the world of big data. that is next on the best of bloomberg west. ♪ >> welcome back. i'm cory johnson. is burglary to about google rolling out a ridesharing service? -- uber worried about google? there were some tough words for google and their projects. >> a lot of the large companies have done a good job of distracting the press by profiling self driving cars or drones. how many large market companies have done a drone er event? -- pr event? they want to appear innovative. ask any analyst covering google where the revenue is for these cars in 10 years and i know what the answer is. it is zero. >> google is certainly putting some mind capital on. boston dyna

for google to include theire hose of all those tweets in google search results. we reported that earlier today, that this, of course, will be a way for twitter to reach more people with its -- with its tweets and be able to eventually get more people to generate more revenue for the company. now costolo made a number of announcements all coming down to the fact that it's trying to reach more people, even if they are not logging into twitter. in his comments earlier, he explained the new home page that they are testing for new users as well as a new user experience for the half billion unique visitors he says that come to twitter every month but do not log in. he also discussed the potential in providing ads to mobile apps. this, of course, is all part of the push to show that twitter is increasingly more about just its monthly active user numbers and that the google deal announced seconds ago supports that. melissa? >> julia, thank you for that update. let's bring back sun trust analyst bob peck also on confer

the northern expected from goog -- the move expected from google. >>> quite a rally on wall street onigns the new greek government will not press for a writeoff of the bail out loans. energy companies are leading the gains with benchmark crude trading above $53 a barrel in new york up nearly 7%. taking a live look at the big board, the dow is up 2.83. the nasdaq is up 39 and the s&p up 25. >>> finance am ratings giants s&p 500 is set to play almost $1.5 billion to the government to settle ail gitions it helped fuel the 2008 financial crisis. the justice department says s&p along with ratings firms moodies and fitch knowingly inflated which led to the housing meltdown of '08. while the s&p has not admitted wrong doing, they are paying 1.38 billion to settle the allegations and paying $125 million and $77 million to settle separate charges by the ceo. >>> google may be getting into the ride sharing business. google will unveil its own ride tailing service. that would put it in direct competition with uber. google was an early investors in uber and the services smartphone applications ar

a former employee says the product wasn't ready for prime time. googleed it to be released so it could be improved with feedback. extra have the joy backfired with many critical reviews. >> moringly news involving san francisco based twitter. the two companies have struck a deal to make the 140 character updates more searchable on-line. tweets will be visible if google's search results as soon as they are posted. >> super target, regular target mini target now another investigation of the popular retailer. look at target express. the smaller stores will soon be opening in san francisco in addition to boston, san diego, chicago, and washington, dc. target express stores are smaller than traditional target stores and city target stores. there are already two city target stores in san francisco aimed at urban customers would do not need egg offered this traditional big box stores. >> the first amazon store has opened on the campus of perdue university in indiana and it is the first custom order pickup location in the country. orders are made on the amazon w

some of the sort of parts of this what's involved in the google car. so it's a different sort of set of techniques and skills than sort of the traditional detroit auto making industry. >> tim higgins, i love -- i didn't think about this but then i saw it. oh, yeah. tim higgins came from detroit. you come here to cover apple. what are the similarities between these companies? >> for one thing apple is a global company with a lot of cash. costs, about $1 billion for a new car to be created. >> it costs $1 billion to build a new car? >> generally speaking. it's an expensive time-consuming process. so apple has a lot of money, $178 billion. so not short of cash. they've got global operations used to doing supply chain management around the world, used to doing industrial design. used to dealing with retail network. so they have a lot of things in place. that said, designing and building cars is very complicated. something that trips up even long experienced automakers with regulations and safety and marketing. it's a very long lead time for developing a car

the reality is that googles search results do both. they believe that these results are more important to the user than others. >> last question. on the mechanics of it, how is it going? give us a sense of the flow coming after the opinion came down. are there plans to open it up voluntarily to other citizens, because i have a small list in my pocket -- >> we have received 100,000 requests. we have a backlog of requests. we have to go through these one by one. >> are their jobs posted for google right to be forgotten processors? >> there aren't, as far as i'm aware. unfortunately some of the cases , we have seen have been former politicians asking to have news of their criminal convictions removed. in our view, these are not in the public interest. one of the things we are monitoring is there is some interest on the part of regulators and policymakers in parts of latin america and asia, looking at that and saying, is this something we should consider. >> so far, you are limiting this right to where it is required of you to implement. >>

make the ad unit travel with the tweet, so that suddenly on pretty much every google pain you search're getting some tweets with ads in them, okay, then it starts to become powerful. if it's just first of all you think about the cub sent of searching for tweets or having them come up. hard to see how that's relevant for google users. how do they make money from it? >> certainly the stock above 40. really only for the third or fourth time since thanksgiving of last year. tune in tomorrow, of course, for our exclusive with dick costolo right here on "squawk on the street" at 9:00 eastern time. under armour out with results beating estimates on the top and bottom line spending half a billion dollars to buy my fitness pal, a fitness app. take a listen to what ceo kevin plank said on "squawk box." >> there's so much energy about people tracking themselves, measuring themselves. as much as you hear about fit bit and apple windchill and all these devices, one thing we believe there will always be a better device, someone in the garage, lab, working on the next great product, the next great

the bay." coming up -- google's utopia. a look at the company's grand expansion plans and its potential problems. >>> plus -- >> we had potato chips, gatorades, anything you can think of. >> workers gaining weight and bosses have found a silicon valley way to get them into shape. >>> from nbc bay area, this "today in the bay." >>> good saturday morning to you. this is a live look for you in palo alto. clouds covering the bay, dumbarton bridge and the same situation aup in san francisco. the sun is shining but we have what meteorologist anthony slaughter calls towering cumulus. i stole that from you. i'm kira klapper. i'm not weather expert but he is. >> you sound like one now. >> i took whatever you said. >> technical term for cumulus clouds and tower, upper level lift ha we have today. think of a tower and cumulus, put it together. more clouds across the south bay this morning. more of these stratus clouds, the gray, lower clouds, like just the gray skies that we see. there's a bit of a break of sun in there because we are

the protesters say hall sprin not living up to google's code of conduct. halperin bought a building on guerrero street sand using the ellis act to force tenants to move out. the ellis act allows property owners to evict people if they're getting out of the rental business. >>> talking about google meantime. badly needing a new headquarters. scott mcgrew, bursting at the seams in mountainview? >> some say yes and bursting the seams of mountainview. they do need new space. inherented their headquarters in 2003 when the company was relatively small. 800 people moved into this facility at the time. google now uses this campus and dozens of buildings all over mountainview. google pays huge amounts of taxes into the city fund, it's also brought in lots of traffic. so tomorrow google's going to go before the mountainview city council to present a new plan for a massive new headquarters. staying in the city. we may get our next good peek at plans when google shows them off to this city council. >>> turning to markets. dow starts the morning at yet another record hi