fair is underway and for those of you not in the videogame scene, this is the videogame electronics expo, attracting thousands of enthusiasts, and professionals. we're here to find out what is in store for the future. the lotto this is a -- delano desouza reports. >> gaming consoles -- these are some of the items offered and though the price has gone down the quality has increased. >> it started growing and looking at this -- all of the games are expanding so much on their story and graphics and gameplay, everything is just going higher, -- >> the videogame industry has faced increased pressure from smartphones where users can download games cheaply. playstation have evolved into multipurpose home entertainment centers and music machines as -- and provide music as well. they are geared towards people of all ages. >> i like to take time away from reality, and the driving games and shooting games are very simple. >> the games are going to be player, butngle also, they have their own world, like "the last of us." >> this event ends on thursday. of thes get a recap headlines. half a million

oculus vr ceo speaks exclusively to "bloomberg west" outside of the videogame conference in l.a. the facebook deal went from handshake to signed agreement in less than a week. uber was the target of massive protests in europe today. taxidrivers are upset that uber drivers are not subject to the same rules and regulations they are. uber responded and is allowing london's black cabs the ability to use the uber apps. elon musk shows off his new dragon capsule to lawmakers in washington. musk lobbied lawmakers to put in a good word about space x over at the pentagon. to our lead story of the day, virtual reality may be the next big thing in the videogame world, with companies ranging from facebook to sony believing in the potential of this technology. this week at the annual video gaming expo in l.a., sony showed off a virtual reality headset that it calls project morpheus, and facebook shocked many early this year when it announced the $2 billion deal to buy oculus vr, whose headsets of not even hit the market yet. oculus has had a big presence at e3. jon erlichman is standing by wi

they will receive money from ncaa videogames. that could go to 1,000 students dating back to 2003.t will come from videogames with their likenesses. >>> disappointing for the giants. 2-0, they go at it again tomorrow. playing at a sold out crowd tonight with a pregame ceremony honoring the '74 world champs. they took the lead against if angels and never looked back. the final, 11-3. angels and the a's play again tomorrow at 1:00. >>> tomorrow night, stay tuned after the show for sports night live. our jason applebaum and roberts have all your needs and starts after the 8:00 news. >>> wasn't it a great night for a baseball? >> it looks even before tomorrow. it'll be warmer for the a's game. mid-70s for oakland and low oils for san jose and the -- 80s for san jose. close to 90 toward liver moore and antioch. a spectacular sunday. >>> not too warm for the alcatraz. [ laughter ] >> it'll always be cold. >> stay tuned and get the latest at kron4.com or download one of our mobile apps. see you in the morning. heat shields are compromised. we have multiple failures. are those thrusters bu

the tattoo artists and the videogame companies. >> thank you for that.f you want to have a look at the tattoos, you'll get your chance and sports, coming up. reporting from the swiss camp as they prepare to face france. we will start with the workup results from yesterday. >> the goalkeeper pulled off a string of saves tuesday after mexico claimed a 0-0 draw with brazil. group on goalop difference, the draw means the loser of today's game between croatia and cameroon will be eliminated. in the midfield against a lot of mexicans, and possible -- im possible. striker, i change my set up. i would like to go for it 4-2 with him as a playmaker. play with neymar in front. >> elden came from behind to beat algeria. first goal in three decades, not enough for the africans. the europeans won. made a goalkeeper mistake that gifted south korea a goal in a 1-1 draw. switzerland has been reflecting on their dramatic weekend. a good position to qualify for the last 16. group e, a game against france on friday. said fair catch -- an injury winner against ecuador. looki

videogame powerhouse electronic arts ready for battle unveiling a new lineup with "battlefield: hardline." you will see a lot and hear a lot about emotional intelligence and authentic player visuals. we will talk about what those are, the console wars and the massive gaming market at electronics gaming expo. and hp unveiling its own machine, a new and lightening lg fast way for computers to operate and perform. hp will tell the world but it first on fox business. what does it mean for computers and tech stocks? hp chief technology officer and director of hp labs live. "countdown to the closing bell" starts right now. ♪ liz: good afternoon, everybody. it is the last hour of trading and there is currently a guessing game going on on wall street right now as the market makers and traders wonder if developments in primary elections are dragging this market down or whether the world bank investment that came out earlier that we will see a global slowdown might be to blame for this. a huge surprise from both sides. dow jones industrials down 106 points at the moment. we do not have 17,000 insi

the big videogame maker is next.e able to play a videogame in my living room with a hologram around me. i want live action. we will have the answer next. ♪ can you start tomorrow? tomorrow we're booked solid. we close on the house tomorrow. tomorrow we go live... it's a day full of promise. and often, that day arrives by train. big day today? even bigger one tomorrow. csx. how tomorrow moves. out for drinks, eats. i have very well fitting dentures. i like to eat a lot of fruits. love them all. the seal i get with the super poligrip free keeps the seeds from getting up underneath. even well-fitting dentures let in food particles. super poligrip is zinc free. with just a few dabs, it's clinically proven to seal out more food particles so you're more comfortable and confident while you eat. a lot of things going on in my life and the last thing i want to be thinking about is my dentures. [ charlie ] try zinc free super poligrip. so i can reach ally bank 24/7 but there are24/7branches? i'm sorry- i'm just really reluctan

to our lead story of the day, virtual reality may be the next egg thing in the videogame world, with companies like facebook and sony believing in that potential of this technology. this week at the annual videogame expo in los angeles, sony showed off a new virtual reality had set that they called roger morpheus. facebook shock to many earlier this year when they announced a $2 billion deal to buy oculus vr , a company whose headset has not even hit the market yet. they had a big presence at e3, showing off potential games. standingve at e3 and by with the cofounder of oculus and ceo for an exclusive interview. john? >> thank you. the oculus story is an incredible one. just a couple of years ago he was trying to clear out what the oculus technology story should be, here we are now. thank you for joining us. if you think back over the last couple of years, people got a little taste of what it could be , but how far have things come? >> this has been an incredible ride. this is one of those journeys we have been lucky enough to participate in. the community is a big part of this. ever

nintendo is going on the offensive at the videogame show e3. the council maker has presented new features and games at the event. consolesnintendo missed sales targets by a wide margin last year. nintendo in terms of console sales for the first time in eight years. that is the business news for now. back to you. >> thank you, magnus. to an attempt to make a classic children's toy less sexist. community the online is rallying around a young man who risked his life at last month's shooting at seattle pacific university. >> welcome to the web news, where we will look at some stories making online headlines. lego could launch a new series of female mini figures. and a bmx champ in action. 822-year-old risked his life during lasttack week's shooting at seattle pacific university. in doing so, he prevented a wider killing spree and has become a hero in the u.s., where people praised his bravery and expressed their admiration. posted messages to social networks, where they are showering him with gifts. willwd funding campaign pay for an unbelievable w

. >> i have been going to the movie theater and playing videogames. >> reporter: yahye said he planned to hop the fence at san jose airport for some time but has advice for others who might be thinking of breaching security. >> they shouldn't run away because sometimes they will end up dying. >> reporter: betty yu, kpix 5. >> yahye will be a junior in high school this fall. he says he plans to join the army after he graduates. >>> investigators are trying to find what started a fire that threatened 40 homes in antioch. the fire started on pawnee drive at 7:30 last night and went to 4 acres. several fences were knocked down trying to get to the flames. one person was treated for smoke inhalation. >>> oakland fire investigators think they may have a firebug on their hands. there were five suspicious fires in the oakland hills yesterday. a crew is still in the diamond canyon peak area checking for hot spots. >>> california is in a drought and the bay area needs to conserve more water. water usage in the bay is only down 2% in comparison to the last couple of years. as a whole, the state o

sony is taking on a videogame exhibition today. they will show off their headset. virtual goggles are made by oculus. who is andy? he is singaporean and he has some money. he has paid for the privilege of dining with warren buffett. the billionaire holds an auction with money going to charity. last yours winner chose to remain anonymous. up next, we will take a look at the japanese economy will stop it will take up k's over the latest gdp figures. we will discuss what is going on with the chinese robbery market. this is "on the move." ♪ >> a big week for athletes. the annual gaming conference. hisident obama and australian counterpart are holding talks to trade. and theconomy gains economic front of stop we will have the latest retails ales numbers. u.s. retail picked up in may as more americans bought cars and went shopping stop we will get those numbers on thursday. on friday, a new reading on the imris sentiment. likely growing more upbeat about the economy and the later -- as the labor market improves. a good backdrop for jack lew. he will speak before the econ

plays the videogame but he bring up fossils or dinosaurs? what? what? what was that? that's how he rolls. >>> hey, ahead, we got a 49er talking seattle seahawks and there's a lot of ways the game can change and boy, do we have one from third and king streets today. heat shields are compromised. we what's that alarm?ures. fuel cell two is down. i'm going to have to guide her in manually. this is very exciting. but i'm at my stop. come again? i'm watching this on the train. it's so hard to leave. good luck with everything. watch tv virtually anywhere with the u-verse tv app. with at&t, the u-verse revolves around you. they wouldnt have any at al >>> baseball up top. a's and yankees tonight. the giants. if it wasn't for bad luck they wouldn't have any at all. former yankees skipper joe torre holding court during the game for the rockies. here's how you erase a 3-1 deficit. have buster posey swing away with two on in the fifth. after a sac. fly, the lead by one, sergio romo has to get in and get out of there clean. that's where centerfielder pagan stepped in or rather stu

on facebook at a videogame execution in today. rivals virtual reality goggles made by oculus which facebook bot. five days before the biggest event of the planet, some of the world cup stadiums are still not ready. paul allen looks at the sometimes chaotic preparations in the race to be ready on time. work continues on corinthians korean -- on the corinthian arena and time is almost up. the biggest tournament in the world will kick off here. against this chaotic backdrop area.s a candid they're staging this. this is not a good idea. citieshould have fewer for the world cup. that is the situation. >> with potentially four stadiums, brazil could have saved billions of dollars. the observation is not lost on the locals. this.rs have grown could have gone to schools and hospitals. it is not just the stadiums that .re not brady -- are not really that's that are not ready. the mayor admits it is a bad look. >> it is a huge strategy. everything ready by then, we need to do it. i am sure we will do it. brazil is not the first country to g

. >> i have been going to the movie theater and playing videogames. >> reporter: he said he planned to run away for some time but has advice for anyone who is thinking about breaching security. >> they shouldn't run away because sometimes they will end up dying. >> reporter: well, yahye says he wants to join the army after he finishes high school. but he will start his junior year in a few months far away from california. he plans on moving in with a relative in minnesota soon. >> wow. >> now, he has been in foster care since he got back from hawaii. has he seen his family? >> reporter: he says he just saw his father yesterday but he hasn't had a lot of contact with his family. he has not been back to his santa clara home and says he doesn't want to. instead, he spent the past month and a half living with foster family. we'll talk about what he is doing today something he hasn't done since returning from hawaii. that's coming up at 6:00. >> sounds like they made it pretty easy for him. >>> busted for running a stop sign. >> i was a dead stop. >> this driver said the cops got it wrong.

. >> i have been going to the movie theater and playing videogames. >> why had said he planned to hop that fence at san jose airport for some time but has advice for others who might be thinking of breaching security. >> they shouldn't run away because sometimes they will end up dying. >> reporter: betty yu, kpix 5. >> yeah his will be a junior in high school this fall. he says he plans to join the army after he graduates. >>> fremont police are getting the cameras they asked for. police say surveillance video at homes have been been great tools for catching burglars. they say street cameras could help too and the city council agreed voting unanimously to set up a system of surveillance cameras to watching everyone driving in and out of town. the system will also scan license plates. >>> an escapee is back in the san francisco county jail. 40-year-old timothy migot ran away from jail while he was taking out trash june. -- on june 7. he was at a homeless shelter on 5th street. now he is held without bail. he was scheduled to be released next month after serving time for drug possession

. >> been going to the movie theater and playing videogames. >> reporter: he is also doing some packing. he plans to move to minnesota to live with a relative. >> how do you feel about leaving california, leaving your brother, your sisters, your dad? [ pause ] >> it's going to be fine. >> reporter: betty yu, kpix 5. >> bay area congressman eric swalwell is pushing for tougher standards and better technology at airports to send alerts when someone breaches security. >>> and in another kpix 5 exclusive, new information about jahi mcmath. the teenager has been kept at a secret location after children's hospital oakland declared her brain-dead following a tonsil surgery last year. we now know she is at st. peter's children's hospital in new brunswick, new jersey. as joe vazquez reports, jahi's family says her health has improved. >>> reporter: back in january, jahi mcmath's family arranged to remove the 13-year-old from oakland children's hospital where doctors declared her brain-dead following a tonsil surgery. her new location until now was undisclosed. st. peter's university hospital is

. >> videogames to bed sheets. >> when we talk about disruption, the fact that my that ismy cofounderets us up to make change. it is an old industry. margins that are extraordinarily high. a lot of big businesses are comfortable with their 400,000 -- 400% margin. it takes a much asked tough how we priceut th things to shake it up and make change. >> let's start with the cotton. where it comes from, how it is grown. how you are doing more than just applying jobs. -- supplying jobs. >> we started with the business idea that his bed linens industry needs to be shaken up. we started meeting with folks doessking questions, where the cotton come from. surprisingly, it is not a traceable industry. we decided at that point as outsiders we don't have a lot of relationships with different providers. >> he went to india. you connected with an organization for sustainable agriculture. weavers farmers and like human beings. >> exactly. fair trade is important. the farmers that grow the cotton are going to be paid a fair wage. organic is important. it isn't just -- we think about mechanized farms i

videogames, that is. sony, microsoft, nintendo, and all the big names are in l.a.the annual e3 gathering. let me bring in jon erlichman he was in l.a. right now and will be covering this event for us. jon, what are the highlights? >> the business story is that software helps sell hardware. last year, the big players were really unveiling their consoles. the xbox one and playstation 4 and nintendo's latest chess piece the wii u. after we have seen these devices on the market, now comes the second wave of how to get people excited about buying some of these new consoles. part of what you do is show them really cool games. the hard-core gamers are already owners of these various devices and games but if there is excitement or hype, maybe it carries to the more casual gamer. we certainly saw that transition from the last generation to this new generation, a lot of people just a satisfied to play games on their phones and tablets. >> what about the focus on franchise games like halo? what is the microsoft game plan? >> this was a great example. they got a lot of kudos f

facebook add aon videogame exhibition today in l.a. rivalsget virtual-reality goggles. gdp rose by an annualized 6.7% last quarter, more than the government previously estimated of 5.9%. still, economists are projecting a contraction after the sales tax increase kicked in. back to the markets now as it digests all of that. , the overallll impact [indiscernible] japan, i can tell you, first of all, the nikkei in the topics in the dollar-yen. that is the impact overall. x moving. panasonic and casio are seeing strong gains. the strongest gains in the u.s. were electronics. the advertising giant in japan is one of the big gainers as well. bit of a break up. health care, more defensive players, and power and gas stocks are not in favor today. let's look at the the risk on an risk off appetite. way stronger than forecast coming in at 6%. that is after the first half. for those who were buying all the big-ticket purchases for example, whether it is a car or ,uge for sure whatever it is that is why the gdp is stronger than forecast. electronics seeing strong gains. those are t

is the next best thing in gaming watching other people play videogames?e will talk about why the social gaming platform has taken off. you can also watch a streaming on your tablet, phone, or bloomberg.com, or apple tv. ♪ >> welcome back to bloomberg west, i'm cory johnson. hard-core gamers want to play other people -- wants to watch other people play. this allows people to record their own gameplay and watch others. they found this thing and put money in it early. it seemed ridiculous. i saw this report about internet traffic. twitch is getting up there. it's one of the biggest things on the internet. >> it's funny. there is peak traffic. and what you're doing live video, or transmitted in real-time, that is what creates peak traffic. there is so much data that goes across. it started as a company called camera on who wore a his head and broadcast his life 24 hours a day. upset when hevery went on a date, and took the camera off to go to the bedroom with the state. >> and that was an investment point? >> sometimes you want to be a little crazy. rational

would you also have a videogame like tony hawk? >> obviously it is fun.in up to the eighth game. it is just fine. i don't have much time for video games these days, but it's a blast. >> do you have time for business at all? >> i have people in place for that so i can go skate. i make sure i handle it and make the right decisions and steer the boat in the right direction. these is the use of drones and unmanned vehicles changing the liberal perspective that people have on watching this stuff? >> it does. the perspective is good. i don't really like having , but we do ito me at my house with helicopters. i have a guy that put the helicopter on their and flies around. get,erspective that we even from the air or close by with the attached cameras, it's something we can bring people into what we do, which is something we haven't been able to do, so it's great. >> the attached cameras like the go-pro camera. tol us what you expect accomplish this weekend. what events are you in, and when can we see you? vert andlly i was in the mega ramp, which is big air. i wi

it makes it more interactive and a videogame. less like a lecture. you realize there are so many differences. >> are there things you realize that online needed that you do not necessarily know was necessary? in other words, is there something about the teaching experience when you put it online suffer from the absence of being in person? >> yeah. there are low points in our work. one was when 160,000 students started. and the finish rating went to 5%. i asked people, why aren't you finishing? a huge number of people who seriously cared -- [indiscernible] we found a pure streaming lecture is not today great for teaching people something new. we started playing with having mentors involved and tutors and giving you feedback. >> a tutor to help you on your online course? >> you can do almost everything to do in the classroom online. >> what else have you learned? >> the number one thing i have learned is that setting up society -- [indiscernible] once upon a time, people had one job in their lifetime. you have one employment and not much changed. today

at e3, the videogaming expo in las vegas, sony showed a new headset. facebook shocked many when they announce a $2 billion deal to buy a company whose headset is not on the market. oculus showed off potential of applications. jon erlichman sat down with the oculus ceo. he asked about the incredible two-year run. >> it has been an incredible ride. one of the journeys we get to participate in. the community is a big part of it as well and everybody got behind it, launching our kick starter. something we do not do in the past and we would take advantage of the internet and get it out there. it felt like overnight. it was somewhat overnight. within 24-48 hours, $1 million. thousands of people and the company was off to the races. >> some people still fascinated by facebook's interest in oculus. you had been swapping messages with mark zuckerberg. got to the headquarters and tried out the technology and he said, what? >> how can i help? he is a powerful guy and incredibly smart guy. he shared the vision we had. it really came together. we all got together.

the annual e3 videogame conference wraps up today in los angeles. jon erlichman is there.k now with the highlights from the show. but i want to talk about nintendo. there is -- >> i want to talk about nintendo. there is this general consensus soldthe wii console is not . we asked about the overall strategy. here's what he said. >> i would say that our strategy at e3 this year is about invention and reinvention. invention in terms of a whole new style of play, like amigo, like spittoon. with our other games. and what we are doing with our and with superpt mario 3-d world. invention and reinvention is what we are trying to do. >> do you monitor console sales and headlines get based on that. some of the arguments have been u has to catch up with microsoft and sony. do you do that with the games? >> we do that with the games. but the true state of the business is if you look at sales for what sony has done, microsoft, and what we have done , it is all in a tight circle. there is no winner or loser at this point. going forward, what will the find -- defined as generation are th

are not prevented they've put make money because people would pay them to have their images of in videogamesng about it economist he said a lot of these kids get the education but the coaches' salaries have increased since 512% so they get a nice fat paycheck but the kids are not. >> there is a reason why they make so much money now. when i started a lot of college coaches are not making as much as high school but now they make millions and millions of dollars and those athletes the one who the fans come to see they don't come to see the coaches coach but to see the athletes play they need to get their fair share of the market. cheryl: in the n.c.a.a. did announce the electronic arts side of this wear that game game, talk to me about that. images being used from past college players in the games that was settled. why did they do that? >> that is extremely sick of mccann and tells you how the case will go. they crossed the rubicon to pay athletes for use of their images and even athletes to play right now with video games that will not count as pavement. so the you can be paid to have your im

vr ceo speaks exclusively to "bloomberg west" outside of the videogame conference nla -- in l.a.al went from handshake to signed agreement in less than a week. the target of massive protests in europe today. thatrivers are upset

videogame powerhouse electronic arts ready for battle unveiling a new lineup with "battlefield: hardline hear a lot about emotional intelligence and authentic player visuals. we will talk about what those are, the console wars and the

oculus vr ceo speaks exclusively to "bloomberg west" outside of the videogame conference in l.a.cebook deal went from handshake to signed agreement in less than a week. uber was the target of massive protests in europe today. taxidrivers are upset that uber drivers are not subject to the same rules and regulations they

first time college is offering scholarships to play videogames. that is america. we'll cover it.me dilemma, who gets the allstate safe driving bonus check. rock beats scissors! wife beats rock. and with two checks a year, everyone wins. switch today and get two safe driving bonus checks a year for driving safely. only from allstate. call 877-218-2500 now. zach really loves his new camera. problem is...this isn't zach. it's a friend of a friend who was at zach's party and stole his camera. but zach's got it covered... with allstate renter's insurance. protect your valuables for as low as $4 a month when you add renter's insurance to your allstate auto policy. call 877-218-2500 now. what are you doing? we're switching car insurance. why? because these guys are the cheapest. why? good question. because a cut-rate price could mean cut-rate protection. you should listen to this guy. with allstate you get great protection, a great price, plus an agent! and safe drivers can save up to 45%. call now and see how much you can save. just a few more ways, allstate is changing car insurance f

all those hours your kids have been playing videogames may not be a waste of time after all! good for us moms to know. why one school is offering scholarships to gamers! >> plus our #oneluckyguy on "outnumbered" at top of the hour. >> see you then. jon: i have two daughters, two potential weddings to pay for. three million apiece? is that what i expect. >> call the clintons. maybe they could help. jon: maybe. thank you. jenna: i'm sure you have a stake out there? jon: i'm working on it. >> you have a couple years left. a couple years to go, thank goodness. jenna: we'll turn back to one of our top stories today. the battle raging in iraq right now as additional, quote, unquote advisors the president ordered to the region began arriving in baghdad this week. as we look back at the bigger picture some suggest we're in a cycle of conflict in iraq we can't seem to get out of. in the first gulf war in 1991. we deployed half a million troops there shorter conflict obvious lynn than the second time around that started in 2003. at its height we had more than 175,000 troops in iraq. we

. >> been going to the movie theater and playing videogames. >> reporter: he is also doing some packing. he plans to move to minnesota to live with a relative. >> how do you feel about leaving california, leaving your brother, your sisters, your dad? [ pause ] >> it's going to be fine . >> reporter: betty yu, kpix 5. >>> and in another kpix 5 exclusive, new information about jahi mcmath. the teenager has been kept at a secret location after children's hospital oakland declared her brain-dead following a tonsil surgery last year. she is at st. peter's children's hospital, that's in new brunswick. children's hospital oakland pronounced mcmath brain-dead in december. her family fought to move her to a facility that could treat her. the family's lawyer says mcmath's health has improved. >> in a very compassionate facility. and whether or not this facility thinks it's the right facility for continued long- term care, i would say that may be a discussion that i could see potentially happening because of jahi's improvement. she may need a lower level of care. >> and this is video jahi's mother

eventually you might put yourself in a videogame but again, that's in the future. right now -- >> my chalkboard will say, charla will you marry me? >> reporter: jim is using cutting edge technology for his proposal but we warned him it usually takes a couple of weeks and this will be on tv before his mini me is ready so don't watch the news for a while. he assured us his life isn't all that cutting edge. >> we only read books. i don't even have a television. i don't believe in 'em. sorry. >> reporter: that's okay because news reporter is here! when there are facts to be reported, or someone needs to be saved, never fear, news reporter is here, along with my trusty companion, news photographer. mike sugerman, kpix 5. >> that's creepy. mike would say, alex, hurry up. take a shot. alex, mike, can we have a sandwich as soon as we're done? i'm hungry. yes, we can do that. >> why would you want one? i understand jim in the story was doing it -- he is immortalizing that moment forever but i mean, who wants a little mike sugerman? this is the only time i can say it. i have

. >>> sony pulling plug on handheld portable videogame system after 10 years.ny said shipments end in japan this month and worldwide later this year. >>> j.m. smucker raising package coffee prices by 9%, including products sold under folgers and dunkin' donuts brand. the company is hiking prices for the first time in three years due to soaring coffee costs. >>> the federal aviation administration may let moviemakers film with drones. seven aerial video and photography firms petitioned the faa to commercial ban on drone use. [buzzer] that is today's "speed read." david: just under the wire. every year five prominent venture capitalists are asked for two predictions on tech trends that could have massive impact on our lives and our investments. it is a fascinating exercise, crystal ball grazing if you will, putting money where their mouth is. rich karlgaard attended the top 10 tech trends dinner. there is churchhill club, we don't need to go into it. basically we get the idea of all of these trend, some of them might not sound as sexy as robots or drones but in t

. >> i have been going to the movie theater and playing videogames. >> yahye said he had planned to hophat fence at san jose airport for some time but has advice for others who might be thinking of breaching security. >> they shouldn't run away because sometimes they will end up dying. >> reporter: betty yu, kpix 5. >> he will be a junior in high school this fall. he says he plans to join the army after he graduates. >>> it is 5:36 now. reminder that fire season is here. a fast growing grass fire that threatened homes in antioch. it started just as many of the neighbors were sitting down for dinner last evening. look at the flames there. contra costa fire crews showed up knocking down backyard fences as they tried to get to the flames before they spread to some of the homes there. the fire grew to 4 acres before they got containment. >> the flames were over the houses. it was crazy. it hit a tree and they got bigger and after that it was just high flames for the rest of the time. >> firefighters were able to keep those flames from spreading to the nearby homes and an elementary school t

. >> been going to the movie theater and playing videogames. >> reporter: he is also doing some packinglans to move to minnesota to live with a relative. how do you feel about leaving california, leaving your brother, your sisters, your dad? [ pause ] >> it's going to be fine . >> it's kind of hard. >> reporter: betty yu, kpix 5. >> bay area congressman eric swalwell is pushing for tougher standards and better technology at airports to send alerts when someone breaches security. >>> it is 6:49. time for traffic and we have some issues on the bay bridge. >> reporter: an accident just cleared from the westbound span. this is westbound 80 near treasure island. kcbs's derek smith says that it's a motorcycle accident which has been blocking multiple lanes and finally cleared. traffic still backed up solid all the way across the span through the toll plaza. we are looking at over 30- minute delays of traffic backed up beyond the 580/24 interchange. avoid the bay bridge if you can. there's going to be long delays there for quite some time. meanwhile heading to the south bay kcbs sky 3 tells us

for all the videogame junkies. [closing bell ringing] liz: don't say we didn't tell you so. and he said look, this is a company that can do really well in the fought ture because his numbers are looking healthy. the bells ring on wall street. let's take a look. guess what? we have maybe squeezed out a couple of gains with the dow and nasdaq just slightly higher here. dow jones industrials. these numbers are still settling. it could change. russell 2000 which behaved very interestingly lately. having trouble and doing well. up over a quarter of a percent. right now the "after the bell" is starting so don't move. adam: we want to get to today's market action. we have january any capital markets who is bullish on the markets through the summer. on the flipside, joe durant, united capital ceo. he is advising

it lets you use your phone or tablet to look up shows and play videogames on your television. >> crazy north korea test fires more missiles into the sea of japan, it's now making a threat against the united states! the issue is a movie. it's called "the interview." two talk show hosts are recruited by the cia to kill the leader kim jong-un. they are threatening a merciless response and an act of war, unless they stop the release. >> most people would laugh it off or brush it aside. and give it no undue weight. but in his case, he is more sensitive to things. >> the movie the interview is set for release in october. >>> a shooting outside of a busy san francisco store. the shooter still on the loose this morning. coming up we'll tell you how the man who was shot is doing right now. >> and have you called in sick yet? team usa is taking to the field in a couple of hours. we have world cup fever live report coming up. ,,,,,,,, let's celebrate simple. rocket science? not simple. brain surgery? not really. online shopping? should be simple. but it's not. filling out your shipping address, b

cracks disney -- >> disney expects global sales on its infinity videogame to reach $1 billion. >> morganey is at number eight. organ family sold its independent wealth business in mumbai. number seven. facing a lawsuit claiming the company violated customers privacy rights for marketing purposes by accessing their external e-mail accounts and downloading their contact addresses. this company is trying to buy the botox maker. it is now worth less than when it attempted. valeant offered a bit and it was rejected. >> number five, general motors. it did what it does well, another recalls. 500,000 current generation chevy camaro's. the ignition system is unrelated to those used in the vehicles included in the ignition switch recall. >> number four is twitter. the biggest executive exits and the company went public last year. in the meantime, the stock has fallen more than 40% so far this year. >> intel. raising second-quarter revenue forecasts. intel attributed the higher forecast to improving business demand. >> at number two, the fiber-optic network specialist whipped up quarter profit well

paulie had this to say, "golf is down because it is slow to the videogame generation, same as baseballing able to pay their water bill. "it is indeed a basic human need, why is the u.n. stepping in, why can't michigan government handle its own problems"? you play golf. >> i do, very badly. not in the last couple of years. stuart: so you are playing less. performance? >> it is a geographic issue because i live in manhattan. but i have the ceo on a couple of weeks ago and he said golf is starting to come back now, but they had a tough time in a recession because of the cost and the time. the middle class walked away from golf and the question is will they come back. he says they are coming back slowly. stuart: i am with you on this one. deirdre bolton is here now. deirdre: very much so. the stock market decline to the bank of england, the head of a $22 billion pension fund explains what he pays attention to and what he ignores from world news. from the macro to be specific of golfer, gambler, they all have unwanted attention from federal authorities. what the entry means for them and clo

for the fifth straight month, sony has a best-selling videogame console in the u.s.laystation4 beat xbox one. sales in the u.s. almost doubled in may from one year ago. alibaba has given investors something else to consider as the company prepares for its big ipo. the chinese e-commerce company believed -- announced its margins have been falling because of higher costs to attract mobile using's and they lifted -- listed the nine members of its ipo board. >> that's one of the big stories buried in the headlines. it is starting to bring out the data. >> that prompted yahoo! shares to fall almost seven percent yesterday. >> you look at what happened with groupon and twitter -- you start connecting those dots. >> it could be july and august entertainment. jd.com gotat's why out ahead of it. it will be 48 degrees isrenheit in kiev which different than nine below in january. they will need russian natural gas in the wintertime. the alarm bells will sound. --headline this morning everybody is up to their eyeballs in natural gas, is that true? >> in ukraine they are and at e

microsoft announcing the next chapter of the halo videogame series. could be the game a croissant has an waiting for to jumpstart sales for the xbox one consul. (mother vo) when i was pregnant... i got more advice than i knew what to do with. what i needed was information i could trust on how to take care of me and my baby. luckily, unitedhealthcare has a simple program that helps moms stay on track with their doctors and get the right care and guidance-before and after the baby is born. simple is good right now. (anncr vo) innovations that work for you. that's health in numbers. unitedhealthcare. became big business overnight? ♪ like, really big... then expanded? ♪ or their new product tanked? ♪ or not? what if they embrace new technology instead? ♪ imagine a company's future with the future of trading. company profile. a research tool on thinkorswim. from td ameritrade. stuart: and here it is, the real halftime report with nicole petallides. joining us from san francisco. michael, first, apple split 7-for-1. do you still like it? >> yes, i still lik

you to the big e3 videogame conference happening right now in los angeles. ♪ >> you are watching markets on bloomberg television. i'm erik schatzker. all of the big names in the gaming world are in los angeles for the big e3 gathering. the focus is on the next frontier, the future you might say, virtual reality. jon erlichman is covering e3. let's talk virtual reality. >> the traditional gaming industry is still so important, a $14 billion business last year. it is very hollywood-like. if you've got the best console and games, you are on top. this virtual reality is where we are not sure where things will play out. oculus was acquired by facebook and made a big/at e3 two years ago when it was in its infancy twoade a big splash at e3 years ago when it was in its infancy. now we know that oculus is thinking about a future beyond gaming, more as a communication tool. the home of the grand theft auto franchise argued there is a social aspect. how big a market is hard to say right now. to virtualcomes reality, is there one thing that everybody is talking about? besides, of course, your inter