. >> it could be time for zuckerberg to unfriend uncle sam with a gigantic tax bill and is expected towe the i.r.s. more than $1 billion in taxes for 2012. his whopping tax bill stems from the move last may to increase the stake in face book. on the day of the offering he exercised a stock option and purchased 60 million facebook shares. later he sold after of the shares and the paper fortune is currently valued at around $13 billion. >> do you use your phone to look at facebook a lot? a new studied finds that smartphone users check facebook up to 14 times a day. the fay says -- they say people use it always at night and in the morning people reach for the device 15 minutes from weighing up. >> and an amusement park is kicking off season with several events for the easter weekend raffling seats to be among the first to ride the new $10 million gold striker which will open may 1st. great america says it will be the tallest and fattest wooden roller coaster in the area. the sixing ins discovery kingdom is also open each day through spring break. >> for folks would want to make a trip thi

. >> it could be time for zuckerberg to unfriend uncle sam with a gigantic tax bill and is expected to the i.r.s. more than $1 billion in taxes for 2012. his whopping tax bill stems from the move last may to increase the stake in face book. on the day of the offering he exercised a stock option and purchased 60 million facebook shares. later he sold after of the shares and the paper fortune is currently valued at around $13 billion. >> do you use your phone to look at facebook a lot? a new studied finds that smartphone users check facebook up to 14 times a day. the fay says -- they say people use it always at night and in the morning people reach for the device 15 minutes from weighing up. >> and an amusement park is kicking off season with several events for the easter weekend raffling seats to be among the first to ride the new $10 million gold striker which will open may 1st. great america says it will be the tallest and fattest wooden roller coaster in the area. the sixing ins discovery kingdom is also open each day through spring break. >> for folks would want to make a trip this

. >> it could be time for mark zuckerberg to unfriend uncle sam with a giant tax bill. analysts say he is expected to owe the i.r.s. more than $1 billion in taxes for 2012. his tax hit stems from the move to increase the stake in facebook on the day of their i.p.o. he purchased 630 million shares and later sold after of the shares. the i.r.s. streets the shares as ordinary income and his paper fortune is currently valued at around $13 billion. >> solar impulse, a sun-powered airplane that has fans overseas is now in the bay area. aviation history will be made when the plane sets out cross country with the wing span of a 747 but weighs the same as a mid-sized car and sow we ared by the sun integrated in the wings are 12,000 solar cells made by a san jose-based campaign. >> just the solar cell and they put them together on the wing of the plane and using this, and not mounting anything, and the thickness of this sin credibly thin so it is very lightweight. >> it will leave may 1st and fly to phoenix, dallas, stopping in several other cities over two months and winding up

. >> it could be time for zuckerberg to "unfriend" uncle sam. the c.e.o.s facing a giant tax bill. analysts say he is expected to owe the u.s. more than $1 billion in taxes for 2012. his tax hit stems from the move last may to increase the stake in facebook on the day of the i.p.o. zuckerberg exercised a stock option and purchased 60 million facebook shares and later told half of the shares but the i.r.s. treats the original sale as income. the zuckerberg paper fortune is valued at $13 billion. >> more news regarding a silicon valley tech giant laying off hundreds employees. >> but, first, we have developing news from san francisco, a car plows into a building overnight. ahead, the damage and the investigation. >> the controversial filmmaker who fled the united states after being accused of having sex with a 13-year-old girl and now polanski is ready to entertain bay area >> live from the kgo-tv broadcast center this is abc7 news. >> story you first saw on abc7 news, a car plows into a san francisco home overnight and police are trying to find the driver r

mark zuckerberg may want to unfriend uncle sam. he is expected to owe more than $1 billion in taxes this year. that is because he decided to use a stock option to buy shares. zuckerberg planned for it though. he sold half of those shares to cover taxes. >>> they are lunching a first of its kind program to arm americans. the armed citizen project wants to give free shotguns to single women and homeowners living in high crime neighborhoods. applicants have to go online and fill out a questionnaire and pass a background check. organizers hope to bring the program to arizona, texas, and other cities including new york, detroit, by the end of the year. >> if you're a criminal are you going to have a plaque that says this neighborhood protected by armed citizens are you going to break into that neighborhood? or are you going to go to the next neighborhood? >> gun recipients would receive firearm training but gun control advocates fear the shotguns will end up in the hands of criminals or young children. >>> time now 6:25. at & t is relea

mark zuckerberg may want to unfriend uncle sam. he is expected to owe more than $1 billion in taxes this year. that is because he decided to use a stock option to buy shares. zuckerberg planned for it though. he sold half of those shares to cover taxes. >>> they are lunching a first of its kind program to arm americans. the armed citizen project wants to give free shotguns to single women and homeowners living in high crime neighborhoods. applicants have to go online and fill out a questionnaire and pass a background check. organizers hope to bring the program to arizona, texas, and other cities including new york, detroit, by the end of the year. >> if you're a criminal are you going to have a plaque that says this neighborhood protected by armed citizens are you going to break into that neighborhood? or are you going to go to the next neighborhood? >> gun recipients would receive firearm training but gun control advocates fear the shotguns will end up in the hands of criminals or young children. >>> time now 6:25. at & t is relea

. >>> it might be time for mark zuckerberg to unfriend uncle sam. the facebook ceo is expected to owe the irs more than a billion dollars in taxes for 2012. the momentous bill stems from his decision to exercise a stock option and buy more than 60 million facebook shares when the site went public even though we don't know exactly what he will owe it is known that the irs will treat his stock options as income, which translates to roughly $2 billion. since zuckerberg's tax rate is close to 50%, well, do the math. it's that time of the year when fears about binging have parents cringing. spring break is upon us. beaches will be packed for the next few weeks in places like florida, texas, california. i still recall salt and pepa jams from daytona1988, but it turns out invading college and high school students and their myriad cash dollars do not always translate to a big boom for beach towns. we'll break down a study of the so-called spring break effect. erin? >> watery beer and crumbly chex mix. do you think there is much markup in that? >> i would th

or as most of those friends put it when they heard -- unfriend. [ laughter ] there you go.e have a great show tonight! give it up for the roots! [ cheers and applause ] ♪ [ cheers and applause ] >> jimmy: we have a great show tonight. he is a huge, huge star. one of my favorite movie stars in the world. one of my favorite actors. he has a new dreamworks animated film, "the croods." nicolas cage is here! [ cheers and applause ] he's the greatest. from the indie film, "sleepwalk with me" -- gosh, this guy is funny -- mike birbiglia is joining us. [ cheers and applause ] that was one of my favorite movies. plus, each week, we have the latest celebrity to hear "you're fired" from donald trump on "all-star celebrity apprentice." and i'm very upset about this one. did anyone see this last night? it was so ridiculous, i can't wait to talk to her. the lovely la toya jackson is on the show! [ cheers and applause ] she had a deal go down with omarosa. and it's just -- no. it's just insane. i can't even talk about it. well, i have to talk about it. >> steve: yeah, when she comes out.

street of female rights, many females were unfriended by the beginning of the oscars.re were a lot of boozer. there were a lot of jokes that were intended to be funny but turned a lot of people off. i was turned off by a lot of the ethnic and gender jokes. the center is the jokes but the representation of who won awards. some tool of 112 many were prepared you have the jokes and then the actual production of the movies and stars to feel weird. we're being that it's alison white males and everywhere else is left out. if all problematic at times tran thankfully at times those also a celebration of great cinema. here's a new part of this festival. it is a family it fabulous film festival. it is throughout sampras is so oakland and berkeley. they have a wonderful website. congratulations on a fabulous festival. we're so glad you're here back to you marty and isabelle. were in the take this quick look outside this morning, this is an interesting shot of san francisco. look at the changes in the colors of the sky. here'ss tool claymore about the weekend. we're also seeing th

will he then unfriend them?he will probably find something to like about them. >>> all right, 46 minutes after the hour. firefighters are at the ready to respond to an emergency at any second, but what if that emergency is in their own house? >> oh, my goodness! could you imagine that? >> coming up. >>> and right out of a sci-fi movie, look at this, giant mosquitos! they are coming to one southern state. we are going to tell you exactly where. >> so you can get out. >> or get bit. >>> 50 minutes after the hour right now. i want to bring you up to speed on the morning's top stories. 115 cardinals voting this morning, trying to elect a new pope. all eyes on the sistine chapel chimney. if we were to see white smoke, which we could see at any minute, it would mean that a new pontiff has been chosen. black smoke means there is no two-thirds majority and another vo would be needed. >>> a volunteer fireman from new york was called to his own home after a man slammed his pickup truck into the house, sparking a raging fi

teens are not unfriending facebook, per se, but business insiders are reporting they have moved on toam and snap chat. facebook knows it. here is what we have from their annual report. we believe that some of our users reduced their engagement with facebook in favor of increased engagement with other products and services such as instagram. >>> human dignity in our hands. steven spielberg keeping with history for this new project. spielberg tells french tv he's developing a miniseries about napoleon. what has hollywood buzzing here, napoleon was written for the movies by the late director stanley kubrick, clock work orange, the shining, full metal jacket. they worked on 2 eed on the 200 together. >> i'm fine and i'm healthy. >>> barbara walters back on the view. also zombies on cable devour network tv here. nischelle turner in los angeles for me. let's start with barbara walters. she says she's fine. she says she's healthy. it has been a rough year for her, hasn't it? >> she had the chicken pox and concussion that sidelined her for a month. she's probably saying i'm done with 2013 now

. >> the nasdaq gaining 25% over the last six months so is it time to unfriend the stock? entertainment analyst at btig and he has a sell rating on facebook. rich, it's always good to see you. >> thanks for having us. we talked a few different times about facebook in the sell rating and at this point it's close to 22 bucks a share and i'm curious. at that valuation, does it actually become in your view a more compelling optibased on valuation? >> to me there's still a decent downside with the market that you talk about breaking new highs. facebook continuing to go down certainly creates a lot of value for investors to continue to short this stock. when you look at 22 the issue that you're really hitting at is two main problems with facebook right now. one from an investment standpoint, numbers are too high and we talked about how people brought down their 2013 expectations and they're still very, very robust. numbers need to come down. they may even miss from a mobile advertising which is the key focus number. we worry that mobile advertising could be down sequentially in