in the roundtable, what we can learn from t the tech community and d the gh-tech ruling on a obamacare and more. he is lo, proud, and he says that is exacy what our country needs in a a president for 2016. is it bad forusiness? this week, donald trump officially launched his presidenti campaign t the. but his day job. when we talked to hione on one, he s eager to tout his new pga court and his blood views on trade, china, and his -- and his blunt views on trade, china, andnd hispponents. donald trump, welcome to "washington business report," you are officially a candidate and a business mave donald: we are opening up one of the greatest golf courses in the world. this is the only one that has frontage on the potomac river. we have a lot of great players and professionals. coming up day, we have the senior pga championship, we have major tournaments come. it is a very spectacular day. rebecca: you are a business leleader and you are very outspoken politically. any concern that being a presidential candidate could be bad for business? donald: the country's deep trouble, everybody's takin

mike: constant changes one of the things have always ved about the tech industry. bruce: it isis somethingng you have to acclimate yourself to. it is baked into the bread. enjoy the ride, because there is no getting around the constant chan. mike:e almost 40 years i have been invoed in it, it is both the good side of it and the bad side. if you are not aotson that can adapt and be flexible and change with the direction of the market you simply won't survive in the tech industry. bruce:y any definition, you are an entrepreneur. you like to take risks. your history is building companies om scratch. you also enjoy helng others build their endeavor. you like helping others build on -- advanced toward their goals. can n you talk about that for a bit? mike: a reason after 35 years -- like all of usn the tech industry -- working day and night and building companies i was involved in, i stopped working full-time and basically started going on boards and investing in t th companies here and around thehe country, and helping those people. i did that bececause i had great ment

. ♪ >> repor today in philadelphia it was the tech part of biotech in focus. ecutives scientistses physicians and even former president bill clinton met to discuss the future of health care. on display, everything from holograms to 3-d printing to virtual reality. >> we're seeing the tech revolution finally come into the medical cocoon. >> reporter: event host said using virtual reality to improve communication between drug companies, doctors, and patients about how medicines work taking viewers, for example, inside the body to travel through the bloodstreag technology owned by facebook click says that the technology in the fute could used for everythingg development to surgical training. >> in the fast you'd have to train in theater as a surgeon just like a pilot has to train in the air. but as we've seen over the last 20 30 years, pilots are now getting much of their training, the trag in simulation. the biotech ceos previously founded sirius radio shared their visions for the future as well. >> a million americans die each year of organ disease. a quarter mi

companies like google and facebook may be building glitzy campuses of the future but other tech firms are buildings and they are transforming the buildings along with it. diana olick has the story from chicago. >> it is a behemoth of a building old and unremarkable on t go in yelp's new office space at merchandise mart and it is a brave new world. open spaces bright inviting and entertaining just what the more than 300 millennials workin here demand. the same is happening on another floor where tech uncubeator 1871 has lured new tenants. >> we are seeing a push for class b space. >> older and class b buildings with fewer amenities may be the new a for tech. cheaper rents are what they want. the glitz, not so much. >> historically you want glitzy spaces because you want to impress your customers. well in our business in a high tech ours our customers never visit us. >> so in a prewar building on west adams, dialogue tech a call tracking software com a old space. they busted out the space and added old doors and the kitchen and the social spaces the main draw ping pong and basketb

guest: when you think about it the number of women in the tech world is less than 18% and the numberdiverse people of color is less than 9%, i believe. it is pretty representative of what is going on there. brad: i want to read something tim cook said -- i think it is our fault, the whole tech community, we have not done enough to show young women it's cool to do it and how much fun it can be. do you agree? guest: absolutely. the problem is the perception and the stereotypes. when you ask a young woman what a coder looks like, a think it's a young man and they think you have to be in the basement eating stale pizza drinking red bull and we have to change that image. brad: is change happening at a fast enough rate? are you satisfied with the diversity of poor -- diversity report? guest: i wish things would go faster but i think a lot of people wish that. what is great is that there is change. we just had tim hear from pandora and 40% of his company's diverse from a gender perspective. companies like pandora follow and we have companies that we recognize through our awards to show ther

mary wadden is the author of "silicon valley in pictures." she says high-tech brought early traffic jams. wadden: this photo is really interesting to me because it's rush hour in the 1960s and this is lockheed's campus. you can see all the farmland around it. and then this is just a line of cars leaving work to go home. the department of defense was the first venture capitalist of the area. they were the ones that initially paid for all of the research and development to create this new technology, and then they were also the end customer, and that allowed for the industry to grow at such a rapid pace. lam: within a decade, sunnyvale, cupertino, and mountain view became a crossroads for innovation says historian mike malone. malone: where bernardo meets fremont meets 85 an anonymous, empty intersection full of ice plant and not much else, on a given afternoon in the late 1960s, you would have seen steve wozniak riding home from cherry chase swim club practice. you would have seen ted hoff turning in 'cause he lived right at that corner and you would have seen b

>> i'm sorry that this happened to us and to the tech industry. is a civil case, so the question of liability. emily: is it an admission of liability? emily: the jury found that we were not liable after five and a half weeks of testimony, so no, it is not. emily: i reached out to ellen pao for comment but she , declined. i am joined by my guests. what is your reaction to hearing what john doerr had to say and that kleinberg. >> i think in the long term this is the land of optimism and it will have a beneficial effect. we're all talking about women and men sure much more than we were two years ago. emily: it's interesting, because the first thing that john doerr said to me was, look, we won in court. but in the court of public opinion, they cited against the venture industry. we get that. what do you make of his remarks today? >> emily, many of my clients feel when they get into these cases that employment litigation is the most personal litigation there is an a harassment claim is personal to the plaintiff and the defendant. it's very emotional fo

lost all men and women in the conversation i make fortunately when i can work in the same room in the tech industry as much of you as a supervisor and it is true that the medium rent is to a point you need two 6 figure earners or a ceo and another 6 figure person i don't know the solution i think that capping growth of rent over 7, 8, 9 not because the rent control unit year by year is good i don't want to wait my time the moratorium is time to think i don't think in 18 months of a mower to your memory we'll arrive at a solution but 45 days to pull together the numbers to make a stronger argument for more to your memory people have not vocally opposing the moratorium their disgenius generals if you want more housing increase the low income housing and let people relocate people that are (inaudible) great places but affordable should go there as well anyway, i had a lot to say but close the difference of constant is building luxury housing over and over and expecting the rent to come down (clapping.) >> hello supervisors that is my brother william hi we're here to support of moratorium on m

peter: that leads into the tech issue. fred: one of the things that took place that was really great to see, all of the tech companies come together. it wasn't just microsoft, it was apple. it was yahoo!. it was twitter. all having the same views and all advocating together working with civil liberties groups and many others. in advocating for the usa freddie mac and the work of chairman goodlatte. of course the president signed it and was supportive of the usa freedom act. you need to have a strong interpretation of the laws and not weaken them. everybody is sensitive to national security needs and issues. you have to have trust. peter: how often do you work with the other big five, big six tech companies? fred: we work on many issues. there are some things we can't compete with on the business side. one of the best practices has been usa freedom act. it is good when we all work together. i think another one with similar support is when it comes to trade. today there is a markup on the house side of the innovation act, one

another eye opening statistic from the survey tech job growth in san francisco over the last eight years, 101%. tech growth here in santa clara county 50% over the last eight years. reporting live in san jose, scott budman, nbc bay area news. >> thank you, scott. >>> an emotional message from one of the titanstitans. david goldman died last month vacationing in mexico. today marked the end of the 30-day mourning period. she gives a description of the ambulance ride to the hospital and how she is struggling to cope and how thankful she is for her family. "as heart broken as i am i look at my children and rejoice they are alive. i appreciate every smile and hug and no longer take eatch day for granted." slated to host a championship game. the reason, $100 of missing wiring is costing thousands to fix and putting this game and others in jeopardy. >>> one of the rarest birds in the world is here at the oakland zoo. not for display. this bird is a california condor suffering from lead poisoning. we'll have the story coming up. >>> thanks for joining us for this special 4:30 edition of nbc bay

our next guest says he's not overweighting the tech sector yet. s an analyst with saturna capital. >> happy friday to you, i love the segment, happy to be on. >> walk us through why you wouldn't overweight tech at large. >> i don't think valuations in the sector, i've been doing this a long, long time are as egregious as they were i wouldn't call this a bubble scenario. i do think valuations particularly in some of the hottest themes, internet of things, big data analytics, cybersecurity, cloud are, a bit elevated. so when i take a look at the allocation that i would recommend, if you look at the s&p 500, it's about 20% tech, you add another 100 basis points for telecommunications, i would be there or less, not overweighted here. >> you point out big data, one of your requirements in terms of your criteria. splunk is an example of a stock that you like. when do these names give awe chance to get in? >> an excellent question. you try to identify the themes, the themes change from time to time. i do like big data analytics, i was in chicago for the m

john: i am sorry this happened to ellen, to us, and to the tech industry. y: is it an admission of liability? john: the jury found that we are not liable, so no it is not. scarlet: just a portion of their very full and wide-ranging interview. we also get into the future of the tech industry and what they are doing and what it comes to diverse city. they say it also comes to hiring a new partner and that partner will be a woman. pretty: john looks comfortable, pretty casual. kleiner perkins is back in court today. he again does not look very worried or concerned. emily: first of all, ellen pao is proceeding with her appeal, she has filed an opportunity with her appeal. we will know in 40 days if she will plan to proceed. this is a case that could go on for several more years. the jury in this case found in favor of kleiner, and today they are back in court again, and they will talk about who owes who and how much money. some people are in favor that ellen pao owes kleiner over $75,000 in court costs. so it is very interesting to hear some people coming down o

has been providing the tech support and provide the support for the 200 and 50 computers in the locations across the city and satisfactory completed services requests in addition reimaged the system is we actually do both pro-active or preventive maintenance and reactive it has for scheduled unserviced calls in addition to provide for service the technical lab as the online issues and fm to provide savings to the program the computer originally had an extended waitress i didn't that expired that will cost 55 thousand dollars it is not unreasonable we called them for 8 service calls so i've asked reliable tech to provide supported they've asked for $6,000 that cover 4 to 6 computers depending on the attachs of service and they're supportive in the event and help with raffles they're a very good partner and they've monitored in 2013-2014 and starting in 2015-2016 and i seek approval for the contract may i have have a motion to discuss. >> so moved. >> thank you. any questions or comments from the commission. >> commissioner s

a fast track user is still wanted to this, you'll pay $6 to 65 and you're paid live with them in the tech picture of your license plate and senator bill you go from $7

being connected to the community and the world through tech technology empowers. all of us. whether we're in the community or in the hospital. sf connected is to teach basic computer skills. to explore personal interest using computers. to connect with friends and family. to become savvy. in this ever increasing. technology world regardless of disability. we have trainers who specialize in working with people with disabilities. who can provide training for individuals. with visual. hearing. or physical diz abilities. participates become part of the community. and find -- in their talents. and help others. we are hoping to increase the number of people by hearing people to support. technology keeps you connected >> guardless of who you are. where you are in the world. being on the internet is the only time i do not have a disabilitied label. we hope you will join our keep us connected campaign. >> all right. thank you jennifer. so jennifer will stay here to answer questions at the end. i know. let me tell you a few other things. that are a part of this campaign. and we will ta

>>james: and the war is continuing to celebrate the tech ... n state players wednesday night in san francisco you may recognize the draymond green david lee both of them popping in taking swigs of off 15 l bottle of champagne venice howe warns doing it is a list and thousand dollars >>james: the celebration continues with some cake as well as a critical creation they treated this video showing the larry o'brien trophy in the final championship ahead of top of the cake along with the strength in numbers there you can save the jerseys for each of the players drawn along the outside of the cake a lot of work going into that pretty incredible the parade starts at 11 it goes up and hangs of breath the brand and harrison follows along the lakeshore london to you get down to the convention center this said they armed out their minimum one of this morning some of them showed as early as 330 this morning. >>anny hong: this event on the creek that it was already getting relief full and let for in the morning fire madisonville with pack trains dress in lay

the great support for tech across europe and london in particular it's a greater place to start the companyjust saw that video. london is a tech center. it's never going to compete on any level like that, is it? you don't need to have a global presence. so as a consumer who cares where the headquaters is. you have a great number of examples of london based businesses doing well worldwide and where you don't really know where they're located. >> if we zone in on the fintech space mobile changed the way we interact with money and how we do it. how are you as an investor finding opportunity in the space and is it all about mobile? >> it's one of them. the big trend is that you have these institutions providing just a supermarket of services and now it's moving to much more customized value proposition, right? so similar to on your phone, one app to send e-mail and listen to music when it comes to fintech you have these best of breed providers focussing on doing really well and a lot of times delivering it. >> of course most of the chatter around mobile banking and fintech stuff tends to be on

alignment stock of hours and an unlimited number of people that want to live here we can't exclude the tech members accepting the reality of growth and dealing with is it not trickle down confirmation trickle down economics is based on the market the market can completely regulate itself and the san franciscans recognize that is noted realistic i don't speak for all developers the inclusionary affordable housing paid for by market rate developers is a necessary component to zeal with the reality of the affordable housing crisis moratorium is not a realistic way to direct the housing criticize and this means stopping the affordable housing. >> thank you. >> thank you. next speaker, please. >> good evening supervisors my name is jim i've lived and worked in san francisco since 1998 i currently run a small city-based electrical company i work mainly single-family homes and in three to four unit buildings most of the contracts come from smaller buildings their financing those themselves and don't have the bigger money i'm opposing the moratorium that puts on pressure those are the spokeswoman b

asian-american population, in general, has made inroads in every regard, from college education to jobs in the tech industry to jobs in the creation of tech -- tech-industry jobs. and in venture capital, also, we see a lot of people of asian origin in positions of founding roles. so i think -- that has happened for sure, kristen. i think there might be a gap, though, between, i think, pacific islanders and some of the other groups of -- and i don't know how those numbers are, but i think i would like to see more of an inclusion of the pacific islanders, for example, into stem studies and stem education and in tech in general. >> but even within the asian-american community, there is a lot of economic diversity. there are still a lot of legal problems that the community faces. even with the recession, we've seen san francisco and the bay area really transform and rejuvenate, but many low-income asian-americans really haven't been able to experience the same vitalization. so, during that period of the recession, asian-americans were the fastest-growing group in poverty and not just in san francisco b

the entire journey. growinghere are concerns about valuations of tech companies. you think these valuations are getting ahead of startups;'abilities to grow? the doerr: with respect to stock markets, we are in a. of normalcy. in the private market, there is pockets of valuations that are too high, and pockets that are too low. emily: so no bubble, the sky is not falling -- not doerr: this is a boom, a bubble. it is a long boom. people a half billion now are carrying these around, and another billion to come, someone entrepreneur -- so an entrepreneur can create a new product and in a week half a billion people use it. that's different. what's also different is the amount of capital flowing into silicon valley. equity firms, hedge funds, people like carl icahn. what do you think of that trend? beth seidenberg: it is so competitive out there that we have to wake up every morning and compete to win and work with the best entrepreneurs. john doerr: there has never been a better time than now to start a new company. emily: but is it great for investors? the markets wer

the average tech worker takes home more than $211,000 per year. in san francisco county home to twitter, the average is $157,000 answering the question why do so many companies and techies want to come here. >> the tremendous benefits for startups and other companies to locate in a place where they can get deals done and talk to other people. >> we are growing all the time and hiring. we have over 40 positions both in san francisco and here in santa clara. >> reporter: but high salaries for some put pressure on others dealing with among other things the also sky rocketing price of housing. >> there is limits on how much housing we can build in the bay area. there is a certain point where the forces are going to come together and crunch and slow things down a little. >> reporter: the tech job boom is real and record setting. one other eye opening statistic from the survey, job growth over the last eight years in san francisco, 101%. here in tech heavy santa clara county 50% job growth in the tech industry. reporting in san jose scott budman nbc bay

the story of how taylor swift spoke up for the little guys and the tech joint heard her loud and clearake it off shake it off ♪ >> announcer: abc news "nightline" brought to you by -- . >>> finally tonight, taylor swift is famously fearless about pointing the finger at her exes. tonight it is apple she is calling out, and unleashing her considerable star purr toower to change the music industry. tonight no more bad blood between taylor swift and apple. ♪ the mega star took on the tech giant's upcoming streaming service apple music. the app due june 30 will be free to users for the first three months. at t-swift noted, the company wouldn't be paying up either. writing "apple music will not be paying writers, producers or artists for those three months" we don't ask you for free" iphones don't ask to provide music. swift blocking 1989 from the service making her number one hits like "blank space" -- and "shake it off" off-limits. apple responded swiftly, eddy cue, we hear you taylor swift and indie are ittists. apple will always make sure artists are paid. calvin harris swift's boyfriend

it happened to the tech industry. this is not a question of guilt. is is a civil case, the question is liability. emily: is it an admission of liability? john: the jury found that we are not liable after 5.5 weeks of testimony. emily, i'm sad that anyone has a bad experience at our firm. ellen did. but we are moving forward and we know there is more we can do. emily: what is it like being a female partner at kleiner and being a female venture capitalist? beth: being a female partner at kleiner has been the best work environment of my career. that is because i'm surrounded by great women and great partners. emily: other women have left kleiner. does this alarm you? john: over the history of the firm, more than 30 junior partners have come to work for us and then moved on. emily: do you worry that this could be a difficult place for diverse candidates to succeed? john: i'm always interested in having it be a place where the best people can be in the best place to work. emily: how do you talk to your daughters about this? john: i talked to them at the di

few systems outsell we're 61 and 0.58 in san jose livermore weird 62 upper '50s in santa rosa in the tech a few hours when going to see some sunfish to and the specimen on the east and south bay it will seek patches sunshine from about 11:00 a.m. on some of the sunshine linda book by this even the 11:00 hour most cars has yet again. >>reporter: the high for today in north bay area we're looking at 75 and santa rosa 82 or fairfield 75 in san rafael is one to be nice on sunday where going to be seen similar temperatures to your saturday as well. >>marty gonzales: as it turns out it was because they run up to 15 great white sharks to me in the area as well below par was able to spot the sharks in from about 20 ft. from shore most of the shower for six to 10 ft. long. there been posted warning beachgoers the struggle with all of the beach still remains open most people that we talk to say they're choosing to stay out of water and that the sharks have the space. >>marty gonzales: of bonfires burn one and 30,000 a. in begin june 17th and a spreading about the buildings the fire is 20 percent co

after writing a public letter to the tech company about a recent policy invol royalties for artists, a cha its tune. julia has more. >>> taylor swift is the world's biggest pop star. when she spoke to fa71 million likes on facebook apple list end. writ tumbler, to apple, love taylor open letter criticiz apple music not paying writers, producers or artists for the three month free trial period explaining that's why she's holding back her multi-pl album, 1989 from apple's subscription service launching jun 30th. writing we don't ask you for free iphones, please don't ask us to provide you with our music for no compensation. >> apple has around $200 billion of cash they should be able to send a little money, don't have to call in ruch uncle yet. >> apple quickly changed its tune. th media chief announcing the company's cha of policy on twitter last night, tweeting apple music will pay artists for streaming, even during customers' free trial period and we hear you @taylor swift 13 love apple. this rare about face for apple ahead of its launch could mitigate damage from her public attack o

tonight no more bad blood between taylor swift and apple. ♪ the mega star took on the tech giant's upcomingpple music. the app due june 30 will be free to users for the first three months. at t-swift noted, the company wouldn't be paying up either. writing "apple music will not be paying writers, producers or artists for those three months" we don't ask you for free" iphones don't ask to provide music. swift blocking 1989 from the service making her number one hits like "blank space" -- and "shake it off" off-limits. apple responded swiftly, eddy cue, we hear you taylor swift and indie are ittists. apple will always make sure artists are paid. calvin harris swift's boyfriend tweeting his support. my girl just changed the entire music industry what a day. her fans reacting online coming up with more issues she could fix, making viral memes asking for bigger pringles cans and free guacamole at chipotle. standing up for other artists is definitely this star's style. ♪ we never go out of style you got that long hair slicked back white t-shirt ♪ >> so whose side are you on? head to our "nightlin

some say don't believe the hype coming from republicans, democrats, tech companies. is there a conspiracy against the american worker? we'll be right back. say they can't find enough high >>> america's immigration system is broken it's not just the backlog of cases yummying up the courts it's the work visas that silicon valley and others rely on to hire workers they say they need to maintain america's competitive 'em. there is a shortage of workers in so-called stem veelds science, technology engineering and mathematics is accepted as gospel by everyone. the obama immigration insists there's more than half a million job openings in information technology fields like software development, network administration and cyber security. that is in tune with numbers put out by the information technology foundation. that's a high-tech think tank. it cites 545,000 technology jobs, that go unfilled every year in the united states. both the white house and silicon valley think the solution is to let in more skilled workers, and keep foreign students with advance degrees, in the u

that is a bad word for the tech companies. e major indices are creating and it iss forcing the rates way down. comments from the islicists and daily mail that programmatic is not the answer, in the end everyone in agreed that it is about understanding what you're getting and dealing with advertising that you know where it is going to end up in who the audience is. betty: in this space. this is part of what you invest in here. : we have had some tech investment. some of them have not benefited from programmatic. i do not think there are many advertising tech businesses that have. betty: valuation. we keep hearing that. we keep hearing that they are getting rockier and frothy year. you wrote this piece in business insider a few months ago where you talked about the cascade of miracles. there was one quotes that are really like. you said to be up to resorts are filling the pressure from investors to project unsustainable growth rates and revenue because without these revenue growth rates investors will not keep feeding the beast.