since before the uber drivers making money and can make living on it but since the uber start, uber [indiscernible] so finally i made my mind and somebody hit me because they have no rule regulation. they don't know how to drive and since last one year i stopped driving and i humbly request to all the responsible person to take a positive step and solve this problem because i cannot deal any more with this kind of [indiscernible] like uber and lyft. thank you very much. >> hamaljit singh. is lal b. sundas here? ashwanni. if you could -- if your name is called line up on the side. >> and madame chair maybe at this point it would be appropriate for people in the over flow room if they can come up here there are seats open up here. >> over flow room start making your way to the room. thank you. >> i'm kamaljit singh and i bought the medallion in 2012. there's no value. i want my money back. thank you. >> thank you, mr. singh. next speaker, please. >> lal sundash ashwani. >> i've been a driver almost 25 years and i'm a medallion owner. anyway, i look at the study and it's just a total cra

i am a uber-lyft driver.we do stand in support and solidarity for taxi workers because they are suffering and m.t.a. did not do their job along with the cpuc, they let the cat out of the bag. it's hard to put toothpaste back into the tube when it's done. you guys need to stand up. there's a lot of human suffering going on. there's seven drivers that have committed suicide. those are ones we know of. people are dropping dead from workers exhaustion. we have the new class of homeless and these are the drivers. these are t.n.c. and taxi. we're all in this and we're all drivers, workers and human beings. we need to do something about this. this hashtag drivers unite where. we're united for the greater good. this is the future of work we're talking about. yes, we can. thank you. >> thank you. next speaker, please. >> good afternoon, guys. my name is hanson. i am a cab driver. i am not ready for this speech. i just want to represent drivers. i think the solution that you guys have, i'm not pro medallion or the p.k.

you can either buy uber or tesla debt of a similar maturity. guy: uber. kathy: uber. matt: uber. consensus on uber. u.s. high-yield or u.s. leverage loans, where is the performance over the next six months? guy: leveraged loans. kathy: high-yield. matt: high-yield. jonathan: let's wrap it up with this one. the u.s. 10-year or the italian 10-year for the next six months, if you had to buy and hold one of them? kathy is trying to figure this one out. which one? guy: currency hedged italian 10-year. jonathan: oh come on. no currency hedge. guy: nominal italian. kathy: u.s. treasuries. matt: i agree with kathy, u.s. treasuries. jonathan: great to catch up with you all. guy lebas, kathy jones, and matt freund. from new york city for our audience worldwide, that does it for us. see you next friday at 1:00 p.m. new york time. this was bloomberg "real yield." this is bloomberg tv. ♪ alix: the weaponization of oil. disintegrating relations between the u.s. and saudi arabia raise questions about volatility and higher prices. and diamonds are forever, supply is not. pink diamonds are rare a

you can either by uber or tesla debt of a similar maturity. >> uber. >> uber. >> uber.athan: a consensus on uber. u.s. high-yield or u.s. leverage loans, where is the performance over the next six months? >> leverage loans. >> high-yield. >> high-yield. jonathan: let's wrap it up with this one. the u.s. 10-year or the italian 10-year for the next months, if you had to buy and hold one of them? kathy is trying to figure this one out. italianncy hedged 10-year. about 6%. jonathan: no currency hedge. >> nominal italian. >> u.s. treasuries. >> i agree with kathy, u.s. treasuries. jonathan: great to catch up with you all. guy lebas, kathy jones, and matt freund. from new york, for our audience worldwide, that does it for us. bloomberg "real yield." this is bloomberg. ♪ mark: a turkish official says investigators there are looking into the possibility that missing saudi journalist jamaal khashoggi's remains were taken to a forest nearby. the saudi's have called the allegations baseless. british prime minister theresa may is gambling on a go slow approach to revise brexit nego

you can either buy uber or tesla debt of a similar maturity. guy? guy: uber. kathy: uber.t: uber. jonathan: wow, a consensus. over tesla.on uber one u.s. high-yield or , u.s. leverage loans, where is the performance over the next six months? guy: leveraged loans. kathy: high-yield. matt: high-yield. jonathan: high-yield and a bit of leveraged loans in there as well. let's wrap it up with this one. the u.s. 10-year or the italian 10-year for the next six months, if you had to buy and hold one of them? u.s. 10 year treasury or the italian 10 year? kathy is trying to figure this one out. i'm giving her some time. which one? guy: currency hedged italian 10-year. jonathan: oh come on. guy: kaman on, it is like 6%. jonathan: no currency hedge. guy: fine, i will go nominal italian. kathy: u.s. treasuries. matt: i agree with kathy, u.s. treasuries. jonathan: great to catch up with you all. my special thanks to guy lebas, kathy jones, and matt freund. from new york city for our audience worldwide, that does it for us. i will see you next friday at 1:00 p.m. new york time. that's 6:

uber lyft in the city. i drove uber to evaluate for 2-3 months to see how it works.in the airport, when you drive ubner the airport, some customers they pick up before you drop. the uber customer off. you know? so gentleman here says the condition -- the uber they do in the airport. not the taxis. so just i wanted to give attention to this. thank you. finally, please, be fair to the cab drivers. not only the medallion buyers. i hope that will fill you up with good judgment and thank you. >> thank you. next speaker, please. it look like this is our last speaker. if anyone else wants to speak, please stand up, if not, this is the last public comment. >> hi. my name is, i'm a taxi driver driving for nine years. i don't own medallion. i'm just a driver. i want to say like make the right decision. and when i drive the cab first time it was the easy job. but when i start driving, how they drive for 34 years. and most of them are like my dad, too young for that. and cab driving is the hardest job in the city. and serving for the public. and every drunk driver, anybody with

how does uber move forward? our techive bring in reporter who covers uber.ameron has been called a trusted advisor to the ceo. he negotiated a live deals. what does it mean at of the ipo? >> he was a holdover from earlier days and the top dealmaker. he came in to help. it is a big avoid for the company. the company's cfo work in merrill lynch and is filling that role. cameron was leading corporate development and some of the business of element tasks have been moved to another executive. the firstis isn't departure. he reported on a lot executive turnover there. what is happening? eric: uber was going to bring in this outside cfo, so the acting left for one startup and another left for another. there was this exodus ahead of the new guy coming in. that left some vacancies. selina: he left because of sexual misconduct allegations. when you talk to sources at the company, where is employee morale? eric: the wall street journal reported on the allegations. cameron apologized and resigned. he had been there 4.5 years. the company is still soul-searching after al

uber and lyft -- and then, when uber and lyft came on the scene and were driving in san francisco, what did the city do? did the city, you know, say, hey, we're going to regulate you, you flight cabs? no, they said no. they just sat on their hands, and the state came in and regulated, and the result is that the city, who's complaining now about we don't have the authority, and we don't have -- they made the decision to let it slide, and this is the -- this is the -- this is what happened. >> supervisor fewer: thank you. next speaker, please. [applause] >> thank you. my name is mark gruberg. i am a taxi driver with green cab, a problem k medallion holder and a member of the board of the san francisco taxi alliance. everybody wants the purchases of medallions to see relief from the terrible burden of debt that they face, but what has been proposed is going to create more problems than it solves. restricting the airport to purchased medallions will shut out thousands of drivers. the competition in the city is already extremely fierce. it will be unbearable with hundreds of cabs forced to w

also uber's got this...nd that throughout the whole economy and everybody will be working for uber under these conditions. this is what they say, almost all taxi and private hire drivers have been self—employed for decades, long before our app existed. if drivers were classed as workers, which is what you want, they would inevitably lose some of the freedom and flexibility that comes with being their own boss. we believe that the employment appeal tribunal last year fundamentally misunderstood how we operate. for example they relied on the assertion that drivers are required to take 80% of trips sent to them when logged in to the app, which has never been the case in the uk. well... the first thing is, in terms of this flexibility versus fairness, this is something uber always throws out there. but it's not true. you can have flexibility and you can have fairness, too. by fairness, you mean holiday pay, sick pay? not sick pay, just holiday pay and the minimum wage. right. in new york, for example, the mayor

off of the uber platform. coming up i will tell you some of the strong words the chief had to say for those rideshare programs. >>> we have new video out of pleasant hill that shows the aftermath of a drunk driver who plowed through a parking lot. look at the mess he made. it happened last night at the northridge apartments. police say the driver was arrested for drunk driving and this morning people found glass littering the ground and your car us marsh -- it and their cars smashed. sestito san jose is launching a program to clean up city streets but it will be city workers doing the work kit dough joins us from san jose with the idea of putting the homeless to work. >> reporter: we are live at the litter hotspot, this is on camden highway. we are also learning san jose is the first city to offer these transitional jobs. working five days a week, making $15 an hour. they have not worked, let alone filled out an application in who knows how long. when is the last time you filled out an application? >> about 20

uber's headquarters. the entire incident was caught on cell phone video. take a look at this. you can see tom hoffman trying to walk in the front doors of numerous corporate headquarters. when a security guard grabbed him from behind and slams him onto the ground. >> i was in shock. i was in fight or flight mode. >> reporter: he says he and other drivers went to the offices on market street in san francisco on friday to deliver a petition asking for better working conditions. >> i remember approaching the door, starting into the door, and at that point, the next thing i knew everyone was on top of me. it happened so quickly. that is all i remember. >> reporter: he is back home in fremont, and after a trip to the emergency room yesterday, is now in a sling and taking painkillers until he can get back to the doctor on monday. >> i had x-rays, they said nothing was broken. it looks like pretty severe bruising. there was a lump on my shoulder. >> reporter: has anyone from uber contacted you? >> no i don't exp

uber has received proposals up to $120 billion.oldman sachs and morgan stanley reportedly delivered the proposals last month. that was not tuesday's only ipo talk to readlyft hasn't collected -- talk. lyft has selected j.p. morgan chase. there valuation is to top $15.1 billion. for more, let's bring in alex barinka and eric newcomer who covers this for us. eric, what do we know? >> these ipo's might come on top of each other early next year. even though the uber's ceo says they are targeting the second half of next year, i think they are both in a hurry to get out and they could be right on top of it. emily: i thought lyft would be first? alex: that made sense for lift but it seems like uber might try to rain on the parade. uber is the bigger company and when lyft goes out, i bet investor questions will be what comes next. look at it over, they have food -- look at uber. they have food delivery, scooters, and other things. lyft wanted to head off those questions by getting out first, what if uber jumped the gun and pulls the trigge

uber is several times larger, but lyft has capitalized on the struggles of uber increasing market share as a result of those struggles. -- now these valuations are incredibly lush and should be taken with a grain of salt. recentlyveral listings that have ended their listing at less than half and expectations months before they were sold to investors. the valuation for uber is expected to be a $120 billion and it will come down to what the investors make of the underlying financials of over -- uber and lyft. emily: elizabeth, is there any thatdent for two companies have almost exactly the same , anyess and any respect president for two been companies like this to go public at the same time? elizabeth: there is. you have to get back to 2014 to see it. jd.com go out and within months of each other. people are looking to the first to see how the reaction is. the private market valuations for both of these companies will have an appetite for both. emily: what can you tell us about a potential post mates offering? elizabeth: a much smaller company. if you think about food delivery in the same

thornyes, this is a very situation for uber. because, sure they are soul-searching about what to do about softbank money, but uber has taken $3.5 billion from the saudis. and has representative -- has a representative on their board. so the decision to walk away from the conference, and even before some of the big names had started to pull out, was a tough decision for dara, but i also think there was a calculation that this is a consumer company that had a terrible year last year for making questionable decisions, so they needed to move quickly and take a stand. emily: in the meantime, several business leaders have dropped out, or off of the board that was supposed to be helping the saudi government develop this future city. and we have not, if i'm correct, heard anything yet from softbank. max: no, the stock price plummeted, as you said, earlier today. know, it is basically a situation where softbank is so saudis, ith the could be hard to untangle the situation. it is $100 billion, $45 billion of it is from saudi arabia, and t

uber's ceo has already pulled out. other startups are considering moving the conference as well. -- areg themselves from considering removing themselves from the conference itself as well. the perspective of the attendees. they don't want to be associated with a regime coming under so much pressure for a horrible thing. emily: uber again in an awkward position, especially given that they have taken billions of dollars in investment from softbank. in the meantime, we got new information about uber's potentially ipo, potentially next year, potentially at eight $100 billion valuation, twice as much as what it expected in that round. elizabeth: it is not unusual for the first numbers to be large. snap ipo, thethe early valuations were $40 billion, but it went closer to $20 billion. we should think of these as early numbers as the banks pitch for this work and i want to win it. emily: talk to us about what we know about the uber and lyft offerings how we expect those to , proceed, potentially one after another or at the sam

you mentioned the possible boycott of uber. happening to basically every company, everything becoming politicized. we set earlier today president trump seemingly defending saudi arabia to some extent, and you can imagine a situation where any tech company that has taken money from saudi arabia, or an entity connected to saudi arabia, could get wrapped into the same kind of politicalization, between boycotts or hashtag campaigns, that we saw a really hurt uber last year, that could spill over to other companies. emily: how big is uber's business in the middle east? a business that could potentially be affected, as a result of this? eric: i don't think there's a number to put to it. it is certainly a reaching the company is thinking about aggressively -- region the company has been thinking about aggressively, in acquisition talks. wants to remain a major player. the story of uber internationally has been one of sort of retreat, in some ways. china, southeast asia, russia. so the middle east is certainly a region where uber has w

>> a number of states have been dealing with a data breach issue with uber. data breaches are happening more and more. the issue is not so much having a data breach. it will happen to a lot of companies. with uber, the failure to notify people whose data had been breached, giving them an opportunity to do something about it. in this instance, it was the year before folks were able to learn there had been a data breach. the issue was -- to you saw the nations deal with that situation. what is going to happen is a settlement provided and indiana will receive part of that. a fair portion will go back to individual uber drivers to assist them. >> to the larger issue a data privacy, what is your concern to the residents of your state? >> from a data privacy standpoint? these days it is more and more of a problem. we are seeing a rise in telephone scams and other types of internet fraudulent activities. it is getting more rampant. oftentimes your phone will ring and there will be a prefix that will come from your neighborhood. these are attacks on individuals tryin

eric: there is a huge increase from the uber rate at 54.oyota invested 500 million at 76. 120 as possible, but the bankers are trying to convince uber they really see how big the opportunity is. there is a level of baked in optimism to the number. it did in the range of possibility if the market is perfect and the sale goes well? yes. joe: we know uber is gigantic and it is a global phenomenon, but then, sometimes there are stories that they need to get into scooters to find growth or delivery, so the basic question of whether this is a really strong cash generating business is still up for grabs, right? eric: right. been proved that the ridesharing business to grow off of caps. that story has made complicated -- been they complicated because they are laying on scooters, autonomous vehicles, uber eats. when we get to see the overall financials, they are losing a lot of money. they lost more than 11 billion. this is this question where we can show that it is established in ridesharing because it is a good one. the losses they are sustaining

time, will be significant for uber and other similar companies that rely on the gig economy. for ubers that rely on the gig economy. it has been rumbling on for two years, they we re been rumbling on for two years, they were ruled against two years and they are exhausting every element of they are exhausting every element of the appeals process to try and not change the way they work with there are not employees but the self—employed people that work is uberand self—employed people that work is uber and deliver their services. you are right, it's fundamental to the way the likes of uber and the like works, there are in use are not employees specifically, they do not get sick pay but they have the right to be flexible about how they work. that suits some people but not others and that's what this comes down to. it's notjust something that affects uber drivers. this will affect the gig economy workers as well. totally, it said the part of the economy. interestingly philip hammond brought it up yesterday in the budget, speaking about self—employed people who work for one company, trying

allgeding misconduct and uber suspended his privelddges as a driver.but police say uber didn't informolice of the alleged misconduct at the time and dragged their feet providing police information throughout the investigation.áásot susan manheimer/san mateo police chiefit took over three weeks to get cooperation from uber and at that point who knows how long this individual was out there and how he may have preyed upon other individuals. san mateo police chief susan manheimer said it's time for rideshare companies like lyft and uber to step upsotunless and until we start holding the rideshare companies more accountable to be respoinsivle, and i believe they are taking step but not quick enough for our victims out there who continue to suffer at their hands.140 suffer at their hands (grant) now to our four zone forecast... as we take this live look outside at the embarcadero...(vicki) joining us now is chief meteorologist lawrence karnow... lawrence karnow: it was a beautiful day around the bay area with sunny skies and warm temperatures. highs today were in the 70s and low 80s inland

jason: welcome to virtual restaurants, uber eats!e to go back in time, with the new big business of selling old watches. >> mechanical watches are very much back. when the global economy went south, watch brands went south. but they are back. it's a luxury. people love having them on their wrist. it is like a fancy car. you don't need a fancy car, but, if you cannot afford it, you want to wear it. it tells people something about you and these can be really beautiful. jason: and the prominence of the prominence of the watch does seem to matter to a lot of people. sometimes people like this idea that it is a little worn. >> you want to have the box in the papers. that is a big art of it aired but -- of it. but there are little elements that may take us to an amazing watch. you have a time when cartier was split into three companies. if you have line from london with the london stand, that is very special. if you have the tiffany stamm, that is very special. carol: special to me is getting food delivered at home. let's go to the food se

uber and lyft are the red portion of this pie chart, taking up 51%.his map shows where the biggest differences are. they're the roads highlighted in the darkest colors. the ride hailing activity is concentrated in the downtown area, and on major streets like the embarcadero, along the waterfront and third street which goes to at&t park. in 2010 you could go about 24 miles per hour along city streets, now it is down to 20. >>> uber and lyft responded to the report. lyft telling "the examiner" the study is a, quote, flawed and incomplete picture of the transit challenges san francisco faces. uber is saying, quote, this study fails to consider critical factors like the spike in tourism or the growth of freight deliveries. >> as you might imagine, right share drivers feel unfairly blamed for the traffic congestion. >> "abc 7 news" anchor kristen sze went in search of their perspectives. kristen. >> yeah, dan and ama we hit the streets to get a count on the rideshares. we staked out this area and found nearly half of the vehicles passing by had uber or lyf

i was one of the earliest uber at the time. it's town cars what made uber what it is now. we knew know how to build business long terms. it exploded everybody knew it. i'm get a google it. i'm going to uber home. i got my own car and my own licenses. two cars three drivers. we used to be 10,000 people eating from that. from the same piece of cake. how do you like uber? like someone steps into your office. it is beautiful it is amazing it should be the answer. the first question is where you from. i'm from here. the lady said even ask and she said because i drink a lot of coffee. i told someone i was out of milk that's why moved here. people nowadays see uber. they think that they can use you. and they can do whatever they want with you. it's not sherry cars the cheering people. the self driving cars are there. who is getting insurance when no one is driving. soon all of the people that are so lazy that they need a car to pick them up all of these people are gonna find themselves without jobs too. that's how goes now. now they don't fit in people's image of the city. what a

you are in dubai yesterday. —— uber taking action.er 12 hours behind the wheel. it was interesting. in dubai of my 20 or 25journeys, everybody had to slow down. in london you don't have an issue because it can't move. you can hear the car going because it can't move. you can hear the cargoing ding, because it can't move. you can hear the car going ding, ding, ding. stock, you are going over 120. so this is interesting. obviously it is about driver fatigue and safety and what they want to do is that uber are taking steps to tackle this. it isa are taking steps to tackle this. it is a good move. it is a positive move. always great to talk to you. thank you so much for being with us here. thank you as wealthy company today. so many of you have been in touch about that except rep a story we mentioned earlier. a few of you say that you are stockpiling. but only one person told me he stockpiling whiskey. rest of you say it is probably nonsense. hello there. the last couple of days, we've had quite a lot of cloud across england and wales, wi

i think all the problem we have is Über and lyft.f you limit them, or at least limit them from sf where they can't pick up, only drop off, that will help. and also by banning k medallions, it's totally unfair, because k people have been working for the last 30 years, a long time you know. and we've been following all the laws, all the rules. so it's not fair to steal from us and give it to the purchased medallions. i really am very sympathetic with them that they got this bad deal, but it's all mta's fault. they sold medallions, made millions of dollars and i think they should buy all the meions back and -- medallions back and picking them up at the airport, it's like you had a heart attack and they put a little band-aid on you. it's very bad, a cheap approach and it's dividing all the cab drivers. and everybody is feeling bad. the business, there is no way you can make a living now anymore. thank you. [applause] >> hi, number one, mta is the one who messed up everything. i drive cab 29 years. i have k medallion. i have no benefits.

now tonight uber says in a statement, "we are very concerned about this video. our security policy is to ensure the safety of those in and around our facilities and we will not tolerate any actions that are not in line with that policy." >>> traffic is finally moving again after a major backup on 880 near the coliseum. this is what it looks like just a short time ago. this is southbound at 66th avenue. the backup was pretty extensive, and it was all because of this. a crash in the southbound lanes. you can see the car being towed. they had some severe front-end damage. now we're hearing there was a chase and we have calls out to oakland police and chp to give you more information on exactly what happened. >>> tonight, oakland's police chief is off the hook for her department's participation in a recent ice raid as well as false statements she made about it. christin ayers tells us critics are now demanding accountability from the city. >> reporter: last night oakland's community police review association cleared police chief ann kirk patrick of any wrong doing i

the reason i say it competes with uber, because uber has uber eats. post is smaller, they have raised less money but still nevertheless a very big ipo. they have raised roughly $500 million privately. there's no underwriters just yet but the valuation could go much higher. they are looking to go public in the first half of 2019. there you have it. three major tech companies looking to go public. liz: i don't know if you saw this, who knows if hyperloop, the high speed rail, saudi arabia pulling its planned deal with hyperloop. it kind of fits into the theme, only the complete opposite. obviously saudi has some issues right now. that's interesting, too. reporter: correct me, but the latest i saw was hyperloop said they are still going ahead and communicating with saudi. liz: possibly. i just saw the headline and of course, mile wide and inch deep at the moment. saudi arabia said it had pulled its planned deal but i'm sure they love to say we're still talking. reporter: exactly. exactly. liz: regardless, this is a message. when kristina brings you all o

the uber ipo is rumored for early next year.here has been news that morgan stanley and goldman sachs is competing for that ipo. ,our former colleagues at uber how excited are they were dependent on they on this happening sooner than later? lane: a year ago, most uber lotoyees were chatting a about an ipo, when was it going to happen, what was the number, but then there were two offers. the intensity and need for an , employees are watching and former employees are paying attention to it. companies,ed tech there is a six-month lockout for most employees. if you look at facebook as a barometer, a year after it ipo did, it was half the value that it ipo debt. everybody wants to get to the next stage. brad: thanks to you both. and lane castleman -- kasselman. up, a cloud software is's biggest product, but as the cloud space becomes competitive, with a push and i.t. keep it afloat? "bloomberg technology" is livestreaming on twitter. check us out @technology, and be sure to follow our global news network, @tictoc, on twitter. this is

allgeding misconduct and uber suspended his privelddges as a driver.but police say uber didn't informolice of the alleged misconduct at the time and dragged their feet providing police information throughout the investigation.áásot susan manheimer/san mateo police chiefit took over three weeks to get cooperation from uber and at that point who knows how long this individual was out there and how he may have preyed upon other individuals. san mateo police chief susan manheimer said it's time for rideshare companies like lyft and uber to step upsotunless and until we start holding the rideshare companies more accountable to be respoinsivle, and i believe they are taking step but not quick enough for our victims out there who continue to suffer at their hands.140 suffer at their hands ( robin ) in the south in the south bay. a san jose man accused of killing both his parents has been found guilty. representing himself... hasib bin go-lam-rabbi... tried to pin the murders on his younger brother.he was found guilty of committing two murders with enhancements for using a firearm and lying i

(ken) uber and lyft want to make sure you vote in the upcoming election. and discounted on november sixth. nonpartisan and nonprofit groups are also sponsoring the service. just press the "get to the polls button" on the app. a driver will pick you up and take you to your assigned polling place. (terisa) president trump is not even half-way through his first term... but he has already raised more than a- hundred million dollars for his re-election in 2020. that's according to his campaign and federal election documents filed monday night. officials say 98-percent of the money he received during the third quarter of the year, came from small contributions of up to two-hundred dollars. trump launched his re-election campaign the day he was inaugurated, which is highly unusual. the money he has raked in so far puts him ahead of a crowded field of potential democratic challengers in 20-20. coming up at eight.. an intensifying search for a wisconsin teen whose parents were found dead in their home. plus. the president is pushing for drug companies to tell you t

i was one of the earliest uber at the time. it's town cars what made uber what it is now. we knew know how to build business long terms. it exploded everybody knew it. i'm get a google it. i'm going to uber home. i got my own car and my own licenses. two cars three drivers. we used to be 10,000 people eating from that. from the same piece of cake. how do you like uber? like someone steps into your office. it is beautiful it is amazing it should be the answer. the first question is where you from. i'm from here. the lady said even ask and she said because i drink a lot of coffee. i told someone i was out of milk that's why moved here. people nowadays see uber. they think that they can use you. and they can do whatever they want with you. it's not sherry cars the cheering people. the self driving cars are there. who is getting insurance when no one is driving. soon all of the people that are so lazy that they need a car to pick them up all of these people are gonna find themselves without jobs too. that's how goes now. now they don't fit in people's image of the city. what a

. >> uber will go public. investment banks valued the company at $120 billion. that vallation is more than the combined worth of ford, fiat. >>> and a tweet will cost musk and tesla 40 million in fine. a judge approved the fine. he announced he had funding to take tesla private. musk can stay on as ceo but has to give up the seat on board of directors. >>> the vice president arrived in georgia to tour the storm damage of hurricane michael. he visited a pecan plantation. farmers say the pecan trees take 20 years to mature. of the death toll has gone up to 26 in 4 states. >>> here's some of the temperatures from today, cooler than yesterday, along the coast it's cooler. it will be around tomorrow, it will be in and out at the coast. in the morning it will be clear out there. these are the highs from today. highs tomorrow similar from san mateo and san francisco east. these will warm up because there will be less fog. a lot of rain in texas. we talked about that last night. there's flooding in the area, the major hubbs -- hubs, it is a major hub. pay attention. so,

san francisco headquarters to protest uber's deactivation policy. >> uber drivers does have a voice on the job and live under constant fear! some say the process can be arbitrary and unfair. >> a bunch of drivers over thousands of them it happened to. we were deactivated and they couldn't figure out what was glitch. it was a glitch. and we were all out of work for three weeks. >> hey, hey, hoe, hoe, deactivates has got to go. >> reporter: protestors had a signed petition opposing the policy and say they tried to bring that petition into the lobby of the building. that's when hoffman says he was thrown to the ground. he says he would like to see drivers treated differently. for now, he is weighing what he will do about the scuffle. >> i haven't called the police yet. i'm planning ongoing to the hospital and getting checked out to make sure i'm okay first. en i probably am going to file some charges. >> reporter: this afternoon, uber emailed a statement to us reading, quote, we are very concerned by the video. our security policy is to ensure the safety of those in and around our faci