got the tech companies to place the interns.we're supporting the opening of college track in the bayview, which launches next week. we donate philanthropically and we're focus on prop e? >> you are for or against prop e? >> yes on prop e. i don't want to say who is registered to vote. >> who is registered to vote? >> please vote yes on e. if you are not registered to vote, please go to the sf city booth no. 29. it's on the right side as you walk out of the room and register to vote. >> and then vote no on prop e -- i mean vote yes on prop e. >> there is something that we want you to vote no on. no on the hetch hetchy proposition, which is f. >> is that a dam? >> hetch hetchy is an engineering marvel and some people want to mess with that. and we're saying don't mess with hetch hetchy. >> you don't drain hetch hetchy, which is the best water in the world. >> who likes our water? [ applause ] >> so keep hetch hetchy and no taxes. i have a quick question for you ron in the last-minute. you have this new venture fund that somebody w

>>> the foreman in silicon valley's trial of the century takes us inside the jury room. tech shop ceo breaks down the maker movement and video advertising made just for you. our reporters from forbes and mike cray of investors business daily this week on "press: here." >> good morning. i'm scott mcgrew. the chances are pretty solid that someone watching now is named amy. i would like to say i'm glad you are watching and i hope you have a very good day. if you are named amy that felt pretty good. >> thanks for choosing at&t, amy. >> at&t now sends out a video which walks you through your bill using your name, amy, or bill for that matter. whatever your name is it is personalized. the numbers, too. this is amy's actual bill with her specific details. >> this is your totalal amount. >> it is technology developed by a company called sunday sky creating tailor made videos. say you browse office depot looking at printers and never buy one. the next time you log on youtube the adtervisement might be for the printer you were thinking about buying. tim is the president of sunday sky j

today it is a major player in the development and manufacture of high-tech computer and telecom pructsd among the world's most rapidly developing economies. how was this change possible? just 60 years ago taiwan's economy was based largely on agriculture. its modernization began with the development of labor-intensive light-manufacturing industries. by the 1960s the world began to recognize the "made in taiwan" label on clothing and footwear. in the 1980s, taiwan was supplying electronic products to world markets. but by the 1990s, machinery and information and communications products were taiwan's biggest exports. development of these industries was no accident. about 30 miles southwest of taipei is hsinchu science-based industrial park, home to around 200 companies. founded by the government in 1979, hsinchu science park was part of a master plan to jump-start a high-tech microelectronics industry in taiwan. that plan began with a transfer of technology know-how from abroad, particularly from the united states. with a transfer of technology a team of researchers was sent to learn the

the day. >> yes, i was and again i thank tech crunch for recognizing a moment of silence. ed some 30 cadets at our fire station training center, which chief hayes white and commissioners and we read off all of the names, 375 of them, the names of the victims of 9-11. and we have done that for the purpose to recall them, what they did and then i had an opportunity to recognize the cadets and all the officers and thank them and tell them we're very appreciative of them as first-responders in the city. >> i was in new york when it happened and it's always odd for me to think back to that time. so onto some news. you have a lot to talk about today and we're going to try to keep it as organized as possible. you have announcements and policy discussions and i think we should start with you -- i just love the fact, last time you were here on stage, the only office he had run for was class president of high school. >> that is right. >> now you have two elections behind you, one as mayor as well. it's just amazing. you have another one -- how long are you mayor? >> four-year term. >

but your colleagues might not be in the tech sector, other small business owners. what, 48%. small businesses surveyed by the "wall street journal" intend to increase hiring but that is just 48%. what about people who are not in the tech sector? are you hearing from your colleagues that this is a bad economy? what is keeping them from hiring? >> yeah so i talk to a lot of colleagues in lots of different businesses so the classic cyclical ones like real estate, they're cautiously optimistic. and they're waiting for the macro economy to bounce back. the other slow growth, small businesses like nail salons, they're sort of dependent on everybody else. so they're all cautiously optimistic waiting for the economy to rebound. waiting for the election to pass, to see what happens there. they're sort of heading back this investment development in this capital, waiting for things to happen. adam: you're not holding back. you're fearless. you launched your business in 2010 coming off the worst recession since the great depression. it is not chutzpah. i'm trying to think of th

so we are very representative of the tech commont. we adopted five pillars where we are going to be involved in san francisco. the first pillar is jobs. the second pillar is transportation. the third pillar is philanthropy. the fourth pillar is policy, and the fifth pillar, which we are here to talk about today, is public safety. sf-city got involved last week with the future grads program, which is going to take kids off the street and give them internships during the summer. this is a program founded by greg sur and the sfpd. but we thought it would be very appropriate for sf-city to get involved in helping san francisco's police department leap row frog -- leapfrog technology and be a national showcase for the use of technology. why not do that right here in san francisco, which is the innovation capital of the world as stated by mayor ed lee at your inauguration. and we are going to make that happen. going back to 2003 when make homer visited greg sur here is he sfpd and would ridicule him for how backward the police departments ba

has jersey been the single best part of the tech business come fall. ese days nobody wants to own the stock that pump out expensive machines. i would rather make machines that cut spripringles. you can always count on billions and billions sold. less powerful machines to meet the demand from lesser developed countries, there are millions and million of them being sold. but the year over year declines in many cases. plus the acatching generation, they're selling poorly, and if anything, you're going to get short falls, not positive earning surprises. some new chip from intel, a new release from microsoft. but have you ever seen less enthusiasm for these new psych snls who cares. our company is making things for the $650 billion that is apple. apple is about the biggest position i have. but i'm not advising trading apple. just owning it. as long as it remains cheaper than the average stock in the s&p 500. the combination of apple's momentum compared to dell and hewlett packard, with nothing to talk about, frankly, but firings is devastating to tech invest

the sky is gray. so time to buy tech? not so fast. the years it by tech, gone. hat could move already have, my advice, if you haven't bought in tech lately, just wait, the seasonal trade, it's already over. in fact it never began. "mat money is back after the break. [ male announcer ] when this hotel added aflac to provide a better benefits package... oahhh! [ male announcer ] it made a big splash with the employees. [ duck yelling ] [ male announcer ] find out more at... [ duck ] aflac! [ male announcer ] ...forbusiness.com. ♪ ha ha! silverado! the most dependable, longest lasting, full-size pickups on the road. so, what do you think? [ engine revs ] i'll take it. [ male announcer ] it's chevy truck month. now during chevy truck month, get 0% apr financing for 60 months or trade up to get the 2012 chevy silverado all-star edition with a total value of $8,000. hurry in before they're all gone! >>> to believe in howard schultz or not to believe in it. schultz the ceo of starbucks introduces it's new espresso machine. a latte espresso machine. the company not just

the sky is gray. so time to buy tech? not so fast. the years it by tech, gone. , if you haven't bought in tech lately, just wait, the seasonal trade, it's already over. in fact it never began. "mad money" is back after the break. is is rudy. his morning starts with arthritis pain. and two pills. afternoon's overhaul starts with more pain. more pills. triple checking hydraulics. the evening brings more pain. so, back to more pills. almost done, when... hang on. stan's doctor recommended aleve. it can keep pain away all day with fewer pills than tylenol. this is rudy. who switched to aleve. and two pills for a day free of pain. ♪ and get the all day pain relief of aleve in liquid gels. [ male announcer ] it's the subway birthday bash and you're invited! celebrate with your $5 footlong faves all september long. come join the party! go subway, it's your birthday! subway. eat fresh. you could spend as much as $200. olay says challenge that with an instrument that cleanses as effectively as what's sold by skin professionals for a whole lot less. olay pro x advanced cle

tom tells us despite that, many people in the tech world have high hopes for the young ceo. >> the tech crunch conference is a premiere showcase. here bright ideas, some just days old are scrutinized by competitors and speakers draw attendees. >> the performance of the stock has obviously been disappointing. >> reporter: the main attraction of the conference facebook's founder and ceo mark zuckerberg committed on the offering where investors lost billions. >> we care about the shareholders and the commitment we made is that we'll execute this mission and make the world more open and connected and do the things we think are going to build value over the long term. >> reporter: zuckerberg's says facebook's future hinges upon being present and soon on mobile devices, smart phones and tablets, which out number desktops. not nearly quickly enough for the investment community but what do folks think? >> he represents every start up here because facebook was one of the first bigger start ups that succeeded. >> it's about coming up with an idea, taking it forward, getting a group of people toge

trying to carefully position as the crossroads of the traditional cbdg, but very much in the south of market tech-friendly locations in terms of the size of the floor plans and the way the lobbis are designed to make these great technology locations. looking forward we have tied up the site at 5th and brandon as part of the capitol corridor project and what until recently has been a neighborhood that nobody thought of for office. but given the access to the train, given the access to the freeways, and given the sort of geographic dispersion that has been part of this tech renaissance, we feel this is an extraordinarily good site for a corporate campus in san francisco in the years ahead. the footprint is expanding and we feel this is where the growth in san francisco is going, not necessarily into the very tall towers that are being talked about in the heart of the transit center district. that from our perspective are difficult to pull off, given the size of those towers and the height of those towers. one last thing i want to touch on, given that thatis cycle is technology-driven i get asked th

not surprised by the ruthlessness of the techs in the forty's. and why do you think they want to kill the minorities so badly because the state is a hateful racist state that. wants to kill poor and poor people and people of color this is a hate state this is the region the south is still hateful the american criminal justice system is discriminatory this is a normal part of the american criminal justice system and this state is among the worst of the worst the high profile nature of his case. which has embarrassed correct fully this state on multiple occasions to show the how wrong and terrible the state was in its prosecution of him the state will do all that it can it will make the extra effort to prove that the end result would be ok we couldn't kill him but we'll make sure he never gets out using it were it would die in jail i don't think thomas miller ill is ever going to see the light of day as a free man i hope that he would confronted with texan stubbornness and refusal to recognize any mistake in the miller case the supreme court decide

now we're going to move from the talk about the tech explosion to one of our most significant economic generators, which is the hospitality industry and i think we're going to have some breaking news this morning, if i can call it that. and see some of the first visuals of the moscone center expansion. at least i think so. so we're so fortunate -- i'm not going to waste a lot of time on the introduction, but have i to say that joe, president and ceo of sf travel association, formerly san francisco convention bureau is one of the leaders of the city and has done so much for the industry and for sf travel. and he is going to tell you about the plans for the moscone center expansion. he has done so much and created the san francisco tourism improvement district in 2009 and that actually is helping fund this whole structure. so i'm just going to let joe dallesandro. [ applause ] >> thank you, mary and it's exciting to unveil the moscone district and master plan. we asked san franciscans a lot of questions about tourist and hospitality and what makes san francisco tick? 98% of san francisco

we all know that it's being driven by what the demographers are now referring to as "the urban tech." the social media companies, the high-tech companies, the creative workforces, who now want to live and work in urban environments, interact with their environments instead of work in suburban campuses that are fairly sterile and isolated. and that phenomenon has been going on to some time, but what really brought home some of the changes to me was a talk i heard earlier this week by alexa arena talking about the 5m project at 6th and mission, the conversion of the chronicle building and plant surrounding areas. and she talked about the design process as being one of going out to constituencies, potential constituencies, focus groups, listening to people, trying to find out what they were looking for in collaborative, interactive work environments. and bringing the city into those work environments, and the connection and the need for amenities like cultural amenities and the arts and food and all of those kinds of things. and so instead of it being design professionals and people in t

the san francisco tech shop is one example. for a small monthly fee, you get access to construction, $1 million in machine tools, and access to contract manufacturing to bring prototypes to market. also consider the case of member-owned and controlled cooperatives. there are many in the bay area. the u.n. has declared 2012 the international year of the cooperative because of their proven ability to give every day people control over their economic destiny. we have a vibrant co-op seen -- scene in the bay area. san francisco can do more to support them through the cooperative model. the main reason we're here today is because this new economic mode calls for new policies. i encourage you to check out policies for a shareable city to see the implications policy was for this new economy coming in with different services. some things we covered our house parking and zoning regulations do not really account for car sharing and parking sharing. hotel regulations are outmoded for new businesses. food and restaurant regulation does not

the broader market may be even but tech having a hard time. t to the nasdaq. >> interesting moves in the tech space. we have research in motion continuing to outperform after the ceo provided encouraging statements around the blackberry. goldman raising estimates ahead of research in motion's earnings announcement which is tomorrow after the bell. google continues to outperform. when you look at the chart, bullish move. we have shares of google continuing to diverge from the 200 day moving average, a bullish sign. competition continuing to heat up. we have barnes & noble releasing two tablets to compete with amazon and apple. we have a biotech mover today. look at biogen. it was moving higher after the company announced experimental hemophilia b treatment met goals but will submit an approval application many the first half of 2013. that's a mover in biotech. back to you. >> back with us now, global market strategist from jpmorgan asset management joe tanious. you're still constructive on equities. >> if you look at corporate profitability comp

the country? >> i see it happening in areas like manufacturing and in high-tech areas. l think that the best bet we have is by getting more people skilled up, and that means getting additional credentials at community colleges. that's why the president has made so much funding available, so we could partner with private industry and community colleges to make sure the curriculum reflects the actual kind of technique and work that those employers want. >> let me ask you, secretary solis, i know that companies and defense companies have to give employees a certain amount of time, heads up, before they lay off the people because of the spending programs going away. i believe they will have to tell the employees their jobs are cut by october one, are you expecting a big number of layoffs as a result of the spending programs going away, and this fiscal cliff issue? are you expecting a lot of layoffs at year end? >> well, what i'm expecting is that everyone work through due diligence here, because you shouldn't falsely give out notice if you in fact have not been notified that

the experts live and work here and it would help these entrepreneurs. and a high-tech would bring the ideas and the expertise that the half. they'll cross pollination that really produce significant returns. >>> we've heard of things like offshore gambling. would this be a hit would open up for other projects like this? >>> blue seed could be a new industry. but that remains to be see. the start-ups in the high techs and the issues assisted with that. >>> the go to our web site >>> thank you for being here. that is an interesting concept. the mill valley film festival. we'll talk about that. at are the curtal go up on a 35th no valley film festival. for the last three-four years they should be area premieres of oscar's best picture which was the king's speech and artists. here are the details about this year's program. we have the guy who started the film festival 35 years ago. it is good to see you again. it seems the quickest talking about the 25th year and is always a big exhortation for this assessment will of five years. >>> anything divisible by five is a great e

first and foremost, the tech tenants that we're dealing with are move stronger financially than the tenants that we saw in 2000. in 2000, the name of the game for these technology tenants was to go public and everybody was looking for an ipo as their exit. and given the focus on the ipo, they were all focused on market share, first and foremost, and almost everything else was irrelevant. today while the ipo market opens and closes, most of these companies are being managed as much to be acquired as they are to go public. and that means that there is a focus on the liabilities of the company, that there wasn't in '99 and 2000 and also the amount of capital is much more concentrated in a number of key vc firms and being doled out in smaller pieces. in late '90-2000, it spread through the vc community that wait a minute, everybody is going to run out of space. and the signal got sent to all of these boards that have you go to control real estate to be able to grow and we saw tenants taking three, four, five and in some cases eight or nine times their current foot print it in their new leasing

however, i'm not ready to write off the whole fourth quarter tech trade just yet. there have to be some technology companies with cheap stocks where the future actually looks brighter than the past. so we searched and we searched and then we search some more. when we finished searching, we came up with one. i saved it for speculation friday. the stock is radware, rdwr. we know that cyberstocks are sizzling. witness how palo alto networks, or how about sourcefire, another online security play that has been roaring all year. unlike its peers, radware is a real bargain. the stock got crushed after a quarter that many investors saw as disappointing at the end of july. even though it has rebounded some since then, it's still more than five points off its high. it sells for just 16.8 times earnings. 16.5% long-term growth rate. so it's not expected by any stretch of the imagination. frankly, i consider it cheap. one, it hasn't run too much. two, i think radware's future is looking a heck of a lot brighter than its past. radware is not the wrong kind of tech that is levere

the marketplace right now. >> our favorite sector is tech and consumer staples. tech on the more growth side. tech is actually going to have the fastest growth in dividends the next three years. a few years ago when i started this strategy, dividends for the tech sector was more challenging finding names, you know, with apple's introduction of the dividend. cisco a couple years ago. there's a lot more opportunities out there. >> brian kelly? >> the staples sector is more for our low-beta portion of the portfolio where there's quite robust dividend growth for low beta part of the portfolio. stocks like mccormick, coca-cola, cvs, k-mart. >> jeff? this is brian kelly. i would like to go back to the financials. you said you own j.p. morgan. you're a dividend investor. here's the question. what does j.p. morgan come back with the dividend and when this k. they start raising it? >> j.p. morgan has the capital to raise the dividend. post financial crisis the regulators are putting restrictions on them, you know, raising the dividends. they have the ability with this recent trading issue. they're prob

you look at the tech. he ad tech jobs but most people just laid off during unemployment of getting the jobs or people from out of state coming in? >>> you point to a prom. there's a mismatch between the people there currently unemployed and skills they have to offer than hiring businesses and skills of the auspices want. some of the tech job search spending, perhaps new colors and computer science graduates the press people coming in from out a state of getting the shop's wares people and laid off from manufacturing plant or call center do not have the skills the required to fill the shops. the will be left out. >>> another thing with the job statistics is when the call center is closing are shifting its call centers of state. and campbell soup and the governor and the politicians create all these other jobs. my question is are the jobs your greeting now to the how to pay and benefits that the old jobs have? or the new jobs different? >>> there's a fundamental shift in the skills that required for these new

those are the tech bites. i am rob nelson. >>> look for something great to do this weekend. the dragon boat races are coming to the inner harbor. >> they do this of every year and kelly swoope says thousands will go for the excitement but dozens of programs for the needy benefit from the great competition. >> okay. >> reporter: on with -- armed with paddle and light vest they are on a mission. no no time for a quiet relacking sail or ride on water taxi. they were hitting the water to work. they have been getting rade since july. but -- ready since july. but two days from now catholic charities dragon boat races 2012 will paddle through the harbor at lightning speed. >> if you hear me say we have alignment i would get ready in we won twice in 2000 and 2002 so we are looking to get back in the winner circle. >> reporter: dave's team's is a sponsor they supported from the very first race in 1998. >> we can't say no to catholic charities and it's a blast. >> reporter: each corporate sponsor partners with one of the clients. >> partners are corporate supporters with our program an

considering that with all the change in egypt in the neighboring countries the tech like this you don't know how the region would react and if netanyahu be rational i would be happy and safe and think no they won't dare to unfortunately i'm not sure that that and you know is that rational i mean he's increasing and he's really increasing his tanks israel attacks. and i'm afraid his calculation might be before the us elections i can attack iraq a bomb has to back me after the election he might not want to back so the gives us really really bad chance that the netanyahu might attack in october as soon as october starts with an attack and the question is how an attack from. tools for a nuclear science in iran how will that develop. i'm not sure it will develop in an all out war but i mean tanks on israel will happen then you don't know how to react with a street of formals whether they will close it or not that would definitely start an all out war in terms of germany's role what job is that germany to do germany could really change a lot in that region it was to germany some nine years ag

title game given the loss they had earlier to virginia tech. do it for this week. we thank you for watching "the jeep post-game show" and a look at what's coming up tonight on cbs. tonight at 8:00 eastern. fresno state will face tulsa only on cbs sports network. the 24-hour home of cbs sports. home of the barnhart show and my show too. be sure to stupid saturday certificate for the home depot show on cbs. >> tim: be sure to stay tuned saturday. for all of us, have a good evening from studio 43. goodnight, everyone, see you next right here on cbs. [ announcer 2 ] the other airlines contestant is getting pummeled with bag fees. oh, but he's flying southwest. no bag fees for this guy! got to give it up for bags fly free. business travelers win with southwest.

among the top tech stocks today was semiconductor giant intel. it was the leading percentage gainer for the dow jones industrial average. shares were up 2.3%. even though overall trading volume was low, trading of intel stock was heavier than average. speculation is building apple may be getting close to introducing a new imac computer, which would include intel chips. today's leading tech gainer was s.a.i.c. it does a lot of government defense business. shares gained 3.4% to their highest price since early july. the company will split into two publicly traded firms, separating its government services businesses from engineering and health care. with the possibility for more economic stimulus from the fed, mining stocks took the lead in the materials sector. gold miners newmont mining and freeport mcmoran were both up more than 4%. this is newmont's highest price since mid-june. the odds of more federal reserve stimulus has helped gold. settling at $1,687.60 today. up almost 9% since mid-may. it's been a different story since mid-may for facebook.