eduardo will feel differently than mark zuckerberg. these guys to build this company will feel different than the u.s. government who brought it down. depending on whose point of view you are running from you have a different truth. you interview the fbi agent to follow these guys and making notes with hookers and coke and watching these people lose money when it went down mayfield these guys deserve to go to jail. you talk to these guys they were building an internet company like everybody else and all of a sudden it became illegal, they didn't know what to do at that point, they and shareholders and a huge company so they didn't shut down. that was probably a mistake because they paid for it in the end but i feel like there is multiple points of view to a true story. >> host: that was in 2006. why did the bush a ministry and begin to make online poker illegal? >> guest: two moralizing senators, bill frist from tennessee, you know more about politics and i do, john kyl. >> host: he is still in the senate. i'm a political comedian. i s

with zuckerberg i couldn't hang out with zuckerberg but i hung out with eduad the winklevi olympic rowers. they were perfect. hollywood would have invented them if they didn't already exist. but i try to get into the story. i get all of the cases. so every one of these books has tens of thousands of cases of legal case work. i go through all of that. i tried to make sure i get it all right and then i sit down and write. >> when we first talked about this a few years back you mentioned to me that your style of writing was to lock yourself in a room, preferably a loss of vegas hotel room and was 16 pages a day. if you got 16 pages done than you were allowed to have a life. >> i don't recommend this to anyone out there this is a miserable way to live. i write in this desperate kind of horrible situation. i don't find writing enjoyable. i love the research and everything about it but sitting down and actually writing is torture. anybody that is a writer knows that. but i like to write myself -- lock myself in the room. i used to write 15 pages eddy but now it's 12 to be a i'm slowing down. >>

mark zuckerberg is a genius. and an individual at best, people know him and find him difficult to be around. whether he screwed eduardo, no one really knows, got as close as anyone can get. the movie turns him into a very over-the-top individuals that you can't hate, a lot of people want to be that, i am fascinated by oversized individuals who live these incredible lives. my wife calls it stockholm syndrome. i lived with these guys so long i fall for the men away. you get to the heart of it by telling it through their eyes. billionaires' to some extent through the eyes of eduardo and through the window of loss and sean parker and mark zuckerberg had written it would be a different story and you never would have heard of them. and through the eyes of the characters is more compelling and -- >> interesting what happens after your books are published and the films are made. the social network was a great adaptation, thrilling to see you on the stage of the oscars but when you consider what happened since then, with

and so randy zuckerberg. you are being disloyal to your old company. >> facebook is an amazing amazing tool. used for so much good. i had a front row seat and showing facebook's role in shaping elections. olympics. and responsiving to natural disasters and what happened with the tornado last week and the ability for people to go onto the social media and to provide relief. there is nothing like that in the world. we will need to always remember to find balance. have you people that you love in your life. next to you. real people. so it is all. everything in life. and moderation. >> what does your brother think of your approach. >> he is really excited for the book. and i this i that we are just putting finishing touches on it right now. so no one has read it yet. we will see. randi where did you grow up? >> right here in westchester new york. >> great to be in new york. >> my parents are both doctors my dad is a dentist. my mom is a psychiatrist. my dad was very tech savvy, from early on. i talk about that a

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the event is sponsored by zuckerberg's political action group forward.u.s.uckberg's talking is expected to go beyond visas for high- tech workers. >> that's why we turn to political reporters joe garafoli and our first question is how is the political involvement of silicon valley evolved in recent years? >> we saw political leaders before in the shadows. now they're right out front center stage and mark zuckerberg decides to give a speech in san fransisco on immigration then you know the landscape has changed. they understand their role in the debate. >> they're not worried about the lettuce pickers in the central valley particularly, though. they're more worried about high skilled workers they can get for cheaper in their industries. >> the higher educated people in this country already who are already trained and who can get to work right now on the projects they need. >> and they work cheaper. they generally work cheaper and they can control their -- they can control them better than they can u.s. employees. >> i think there's a departure as we're seeing

politico is reporting zuckerberg will speak at the premier of the film "documented."litical action committee, spent about $5 million on a pro immigration campaign ahead of the senate passage of the immigration reform bill last month. >>> well, it has been more than two years since the devastating earthquake and tsunami in japan. the tohoku area is still struggling. but now 100 students from japan are hope thanksgiviing they can lead in rebuilding their community. george kiriyama shows how they're learning these skills right here in the bay area. >> it was scary. i couldn't -- i didn't want to stay in the house. so i was trying to get out. >> reporter: 17-year-old ami will never forget that day. >> translator: at first i was really scared. then i went out, and i saw tsunami coming toward me. but i didn't believe -- i believe that was real. >> i was really scared. the ground was shaking, like up and down. >> reporter: the tohoku region of japan, a powerful 9.0 magnitude quake triggers a devastating tsunami, sweeping away homes and leaving piles of rubble where schools a

he made the quick stop in menlo park to visit mark zuckerberg and tee.e's performing tonight with justin timberline at candlestick park in the legend of summer tour. >> this is a special year for the gilroy garlic festival started 3 day run today. celebrating the 35th anniversary. of david spoke with some volunteers on board from the beginning. >> 35 years ago maybe 300 people turn out for the first garlic festival. now 100,000 show up from all over the u.s. and beyond. forever stabbing gilroy as garlic capitol of the world. rich has been here all 35 years. >> will rodgers only town in the world you can hang your stick on a clothes line. marinating the next day. >>reporter: part of the team stands behind the hot stove at gourmet alley. they make the signature dish laced liberally with garlic. his father val was one of the founders of the festival. 1979 seems leak only yesterday. >> first year it was my father and i. we did all the cooking and then the second year third year we created to about craw of maybe 6 one stove to 2 stove now up to 4 double stove

. >>> facebook founder mark zuckerberg is putting his money where his mouth is. zuckerberg is scheduled the give the first public speech in favor of immigration reform next month. politico is reporting that zuckerberg will speak at the san francisco premier of the film documented which is about jose antonio vargas, a prize-winning writer and undocumented immigrant. the premier is august 5th, and z zuckerberg's political action committee which stands for forward us spent $5 billion on a pro bono immigration passage program. >>> i'm at nasa where a robot is being controlled remotely live from the international space station, and how this can affect our future coming up. >>> and here's a look around the bay this morning, and from san francisco, you can see the fog out there, and a taste of the san francisco weather is far inland this morning thanks to the strong sea breeze. we will let you know what to expect for the afternoon plans when we come back. >>> good saturday morning to you and once again live pictures through lenses of our own josh keppelle this morning a

this was a huge criticism of mark zuckerberg. too much costs. they have decreased that by 35% from year-over-year second quarter. so that's a big move. that's important i think. they have kind of figured out how to wraparound expenses issue? >> well that is interesting too because remember they came out earlier this year said expenses would go up 50% given investment in product they had to do so to come back that much is pretty impressive. david: let's talk about the mobile ads though. the highest figure i had seen 33, 34% in expectations this is way beyond that. a 40% increase in mobile ads. does that show they are, a lot of people said all these competitors are coming in. what do they call the snap chat and those type of people were going to come in and take market share. they're holding on to the market share on mobile which is the most important place to hold. >> they're doing that on mobile. based on these numbers it looks like they're monetizing them extremely well as well. we were looking 34% of total advertising revenue coming in from mo

mark zuckerberg says he was a legend and institution. on his facebook page zuckerberg wrote... he was 44 years old. >>> we have new information about a bicyclist and pedestrian in san francisco last year. ktvu learned that the bicycle has agreed to plead guilty to felony sic lar manslaughter. he was riding his bike when he rid and killed 71-year-old su wee during rush hour. the man sure charge is the first of its kind in the nation and could be reduced to a misdemeanors in six months with a sentencing of 3 years of probation and 1,000 hours of community service. >>> and sal, you are keeping an eye on the traffic? >> i just checked in with la quartering. all runways are open. runways 4 and 13 are open. if you are taking a flight across the country, la guard's reopening could mean -- la guardia's opening could mean good things for you. at the toll plaza good looking drives into fran. on san jose, northbound 80 and 101 looking good. >>> light rain being reported toward san jose. if you are getting rain tweet me or email me. cloudy, and this muggy rain moving in east to west, a lit

. >>> and mark zuckerberg pulls in the kind of money only kings dream about. >>> $4 billion a year if credit card losses and most of that is our fault. how to protect yourself coming up. it starts with something little, like taking a first step. and then another. and another. and if you do it. and your friends do it. and their friends do it... soon we'll be walking our way to awareness, support and an end to alzheimer's disease. and that? that would be big. grab your friends and family and start a team today. register at alz.org living on cloud nine with that u-verse wireless receiver. you see in my day, when my mom was repainting the house, you couldn't just set up a tv in the basement. i mean, come on! nope. we could only watch tv in the rooms that had a tv outlet. yeah if we wanted to watch tv someplace else, e'd have to go to my aunt sally's. have you ever sat on a plastic covered couch? [ kids cheering ] you're missing a good game over here. those kids wouldn't have lasted one day in our shoes. [ male announcer ] add a wireless receiver. call to get u-verse tv for just $19 a mont

what does mark zuckerberg and the company have to do now? >> they spent a lot of money in terms of buying instagram, they paid a billion dollars for and didn't have revenue. clearly, they have to show shareholders they can monotize this billion-dollar investment. how they plan to do that is an open question and something investors will want to hear more about from management just not in terms of today's conference kale b call but going forward. >> if i were to surmise what you said, you like facebook, you don't love it. there are other companies you like more, maybe love. why is that? what is holding you back on facebook, and what makes you like some others more? >> first and foremost looking at the evaluation. we had a nice success in terms of heavy knew and seeing that pass through. aps isn't growing the same. the evaluation on the stock is still fairly stretched. if we look at other large technology oriented names, whether in apple or google, growth rates aren't too much less than they are facebook but the multiples are much less demandin

here he is with mark zuckerberg during a meet and greet. it's hard to tell who is more impressed there. >>> and the j pop summit festival provided us with highlights of last year's celebration. this year's festival runs today and tomorrow in japan town. it will feature the taste of japan. it includes a live concert by one of asia's most popular music acts right in union square. >>> straight ahead, a new follow-up to the us davis pepper spray incident and why the police officer fired for his actions is now seeking disability. >>> and this weekend's annual gilroy garlic festival is >> welcome back at 5:30 on the nose. we are starting this half-hour with a quick look at the weather. here's meteorologist lisa argen. >> hi, kira. good morning to you. >> there are low clouds and fog intruding through the delta this morning with some winds, up to near 40 miles an hour. it's cloudy in livermore. here's the plan for the rest of the day. you will notice that this morning still the cloud cover. in fact, we could see a few clouds toward concord, but th

in fact, mark zuckerberg's net work went up by $3.8 billion by just that move.ically zuckerberg still is not worth as much as he was before facebook went public. let's not take too much time feeling sorry for someone worth $16 billion who was once worth 17.5 billion tl$17.5 billion on. facebook has shown a lot of progress making money off mobile users. when it went public it was getting almost zero revenue from mobile advertising. now 40% of total ad revenue comes from mobile. that's good. because more and more of us who use facebook are using the mobile app. we saw facebook shares bounce around. the price is still about 10% below the ipo price of $38 a share. but we're seeing the price targets for this company going up to $44 a share. wall street is beginning to believe that people who've stuck around since the ipo, that they may finally, finally start to reap the rewards. >> we're not going to feel too badly for zuckerberg. he still has a lot of money. >>> here's some photos from around the world that we'd like to share with you. bali, indonesia. this giant sh

mark zuckerberg wore a hoodie into the new york stock exchange.somebody like a neighborhood watch had seen mark zuckerberg walking in the stock exchange, would very followed him intimidating and followed him in to make sure he wasn't somebody suspicious that looked like he was on drugs? mark zuckerberg wears a hoodie because he's a hipster. >> when my younger son was in high school, his voice sounds like mind. i answered the phone and he said hey, yo, what's up, dog. i said oh, this is mr. robinson. it turned into, hello, mr. robinson, how are you like eddie haskell on "leave it to beaver." turned out this was white kid who had adopted this sort of gangsta persona because that's the way they talk to each other or they were doing that this week. but in fact he was allowed to slip back into his regular self. but somehow black kids are not allowed to just be putting on an act and to slip back into their regular self where they, you know, they kiss their younger sister and they're nice to their grandmother and all the things that trayvon martin was. >

he made a pit stop at facebook photographed with ceo zuckerberg with a meet-and-greet. >> pop culture will take center stage this weekend. highlights from last year's pop summit festival. it runs in japantown. a pop gourmet festival will feature the taste of japan and sake tasting. >>> and if you haven't bought your tickets to outside lands, it's officially sold out. the annual music festival in san francisco's golden gate park once from friday through sunday the 11th. >>> straight ahead a new pollup to the u.c. davis pepper spray incident. now, the officer is seeking money from the state. >> gym roy garlic festival is in full swing and why >>> welcome back. it's 8:30. thanks for joining us. we are starting a quick look at the weather with lisa argen. >> good morning to you. here is a look from mount tam. earlier i said a little fog, it's a lot of fog. we are looking at mist and drizzle and airport delays. another cool day downtown with temperatures in the low to mid-60s and only partial clearings. if you head out of the city we will look for more pleasant afternoon. san jose right no

liz: is mark zuckerberg the man who really should be running this country. can he do it?ow, running the company is one thing and interfacing with shareholders is another. yet zero experience doing now. we have seen mark step aside and bring somebody in who is more of a professional. so i think that probably behooves zuckerberg to bring in somebody who has more street cry. but it is his company and his call sue and google did it, yahoo! did it. michael, good to see you. we will see what happens. we will be looking for the web securities and we thank you so much. the closing bell, just about 6.5 minutes away from the top of the hour. the nasdaq just turned negative moments ago. but we have the nasdaq winners for you when we come back. for you when we come back. so much to see.y home forhe big family reunion. you must be garth's father? hello. mother. mother! traveling is easy with the venture card because you can fly any airline anytime. two words. double miles! this guy can act. wanna play dodge rock? oh, you guys! and with double miles you can actuay use, you never miss t

. >>> plus mark zuckerberg's upcoming appearance at a movie premier will be getting lots of attention in washington. >>> sky camera network is showing fog in oakland. and the a's will play tonight and we'll see the cloud cover increase. we'll have more on this big bay area weekend and some of those events and those weather forecasts coming up in a few minutes. >>> the evening commute was already expected to be a bear tonight even before a suspicious package temporarily shut down the entire bay bridge this afternoon. here's a look at the bridge right now. as you can see, traffic backed up. and the metering lights are on at this time. nbc bay area's reporter has more. >> reporter: they are ready to enter the universe of justin m timberla timberlake. >> it's a sisterly reunion and seeing justin and his sexiness. >> reporter: a rare concert is being held in candlestick park. it was the sisters' love of timberlake that inspired them to decorate their windows. it was the fear of traffic that inspired them to leave early. >> san francisco traffic is already crazy, everything going on the sam

the facebook ceo mark zuckerberg says he was a legend and institution. on his personal facebook page zuckerberg writes... . >>> the time is 5:05. san mateyo school officials and trustees are due to meet today on whether to file a lawsuit over ap test results in mill springs. 224 middle school students scores were thrown out. the college board says the seating arrangements could have given the students an unfair advantage, although there have been no reports of cheating. >>> the fact they are sitting at the same table is a step in the right direction. the bickering continues away from the table. bart's largest union say that is the chief forecaster, thomas hawk, is a union buster with a long record of labor law violations and a history of provoking strikes. union leaders are angry that hawk is available for only 10 of the last 14 days of bargaining. bart's general manager defended his reputation saying his absence was planned and with the ten person bargaining team they should be able to get the job done in a two week time frame. >> half the people workin

so you may ask why not the 90s like tim cook and zuckerberg?hey say she was dinged by some for her stance on employees working from home. >>> thank you, scott. the high profile murder trial involving george zimmerman is almost over. closing arguments are under way in this case involving the former nine hood watch volunteer that shot and killed trayvon martin. the prosecution called zimmerman a quote want to be cop. >> a teenager is dead. he is dead through no fault of his own. he is dead because another m man made assumptions. >> zimmerman alhas pleaded not guilty. >>> a woman was sentenced to 15 years in prison for running a real estate ponzi scheme. she was convicted of 52 fraud felonies earlier this year. she was found guilty of scamming family and friends out of more than 2 million bucks. investors thought their money was going to homeowners, but she spent the money on things like luxury cars, expensive clothes and furniture. she was sentenced on tuesday. >>> in class action tonight, the latest on a developing story and the controversy surr

next month mark zuckerberg will speak at the west coast premier of a film of undocumented workers inrica. it will be shown on monday. zuckerberg's speech is a sign of silicon valley's interest on immigration reform. >>> let's talk traffic. sal is back at 5:56. what are you seeing? >> we have an injury crash on the bay bridge right now. this is westbound blocking the two left lanes. i want to go right to it here. this crash is blocking the two left lanes. this is a live picture by the way and the two -- the three right lanes are open. there goes another chp car there. i want to show you the bay bridge toll plaza. because the toll plaza is getting busy. what happens is when there is a crash, they turn the metering lights on to extra slow and then the toll plaza starts getting really, really backed up. so there it is. you can see how bad it is already. this went from zero to backed up in no time at all. this will be the last night of my new tight before i toss it back. we have a big problem on the bridge. now back to the desk. >> all right we will continue to check in on that. >>> also

you to first-time author randi zuckerberg. new book coming out in the fall. >> double author. how exciting. my becomes are "dot complicated" for adults and "dot" for children. i spent the last eight years working at facebook, billing my own company in silicon valley. one thing i realized there's this whole world that people are fascinated in, entrepreneurship, technology, and someone just needs needs needs to key-demystify it for everybody else. so "dot complicated" looks at this crazy world we live and how it's changing our career, lives, families. >> hough do you dot that? >> i talk about finding tech life balance. there's a lot of talk on work life balance but if you go home from work and still buried in your cell phone, sitting on your lap tapp next to your husband at at home, you're still working. so i talk a lot about how to find deck -- tech life balance in your home, your job, your love life, all areas of communication. >> are you saying turn off your devices, go off facebook? >> you know what, i think there's a time a

zuckerberg already has lent considerable support to a political advocacy group that lobbies for more h1-b worker visas. some say his public address august 5th could dramatically reshape the conversation on immigration reform. >>> before he hit the stage with justin timberlake last night, jay z had other things to attend to. he made a pit stop at the headquarters yesterday. here he is yesterday during a meet and greet with the team. >>> straight ahead, a new follow-up to the uc davis pepper spray incident and why the police officer fired for his actions is now seeking disability. >>> and this weekend's annual gilroy garlic festival is in full swing. we will tell you why this year's festival is extr welcome back and thanks for joining us. we are starting this half-hour with a quick look at the weather with meteorologist lisa argen. >> hi, kira. a nice shot for from mt. tam where we have plenty of low clouds and fog. 56 in san francisco. 61 in mountain view. and the clouds are going to hang tough for half moon bay today. just 55 in santa cruz. we will see some 70s, but it is a gray star

a good day for mark zuckerberg, folks. zuckerberg's wealth soared by 3$3.8 billion.gine make thag much in one day? >> a good day at the office. >> facebook investors are happy to see the mobile ad business is growing quickly. >>> a different sort of day for amazon.com. amazon led by the ceo surprised investors of the $7 million loss. the company gave a cautious forecast for the next quarter. they believe in his long-term vision. stock is still up 20% for the year. >>> officials call this the largest data breach. fur russians charged with a massive scheme that attacked 160 million credit and debit cards. one of the men hacked servers used by nasdaq. he had access to nasdaq servers for two years. >>> this is an interesting story. some senator is trying to get into the act when it comes to picking the chairman of the federal reserve board. a letter was sent encouraging president obama to pick this woman, janet yellen. senator finestein signed this letter and inside washington, a lot of speculation, heated speculation about who will succeed ben bernanke. a very big job t

teenagers move to instagram, also owned by facebook, but ceo mark zuckerberg said more than half of last quarter's revenue came outside of the u.s. and canada. time now is 4:37. let's go to sal, keeping an eye on traffic. hopefully, it's pretty light out there. >> it's pretty light so far. there's road work out there, brian. traffic is moving along pretty well in the bay area so far. this is the east shore freeway and you can see traffic moves along nicely coming through down to the mcarthur maze. the traffic looks good into san francisco. 4:37. let's go to state of! good morning. for some, it was a nice day. for others, it was hot. 90s to 102. trifecta at 61. i'm telling you, the city, you could mail it in and the pattern is stuck between 65, 66, 67. the morning fog gives way to sunshine and looks to be more fog than yesterday. south of monterey and if anything, they clip the south bay. warm to hot conditions and still inland. a little low moves in closer to san francisco to give us a cooler pattern towards maybe late friday into sunday spinning right there. not today but maybe tomorrow

i think this was a kill me quarter for zuckerberg and i think he did just that he showed everybody that this company has huge upside possibly. i think why you stay with this story is that they had $1.15 billion monthly active users, that was up 21%. but mobile monthly active users, just on the mobile phone which dan was talking to about the four inch screen. that's up ten percent. the biggest growth is in asia and emerging markets. you get 20% pop overnight take some off the table but i think the 3250 level is where there's a lot of selling. if we get through that i think you get 38. >> thanks for calling in. in terms of the price action guy you watch these levels closely. do you think 3550 is fair? >> we'll see how the stock performance. my sense is this is going to be an interim stock. i wouldn't be surprised if a few weeks from now the stock will straighten out. >> if we break through is 38 the ipo price? >> let's see if it happens. i know 38 is on everyone's radar screen. i'm hard pressed to think we'll get there. maybe a whole new wave of buying will come in. >> let's bring in the

since zuckerberg started showing folks that he can make money and monetize the mobile.ed three quarters in a row. it's outstanding. if you look at the options markets they have been telling you this was going to explode to the upside. it certainly has. if you look at the monthly 40 calls today, over 6600 traded there. this stock potentially could get to levels above the ipo. >> still ahead our viewers have questions on everything from disney to starbucks. we are trading your tweets right after this. i've been doing a few things for a while that i really love-- tdd#: 1-800-345-2550 playing this and trading. tdd#: 1-800-345-2550 and the better i am at them, the more i enjoy them. tdd#: 1-800-345-2550 so i'm always looking to take them up a notch or two. tdd#: 1-800-345-2550 and schwab really helps me step up my trading. tdd#: 1-800-345-2550 they've now put their most powerful platform, tdd#: 1-800-345-2550 streetsmart edge, in the cloud. tdd#: 1-800-345-2550 so i can use it on the web, where i trade from tdd#: 1-800-345-2550 most of the time. tdd#: 1-800-345-2550 which me

zuckerberg and investors have something to smile about for the first time since the rocky initial public offering, more than a year ago, they passed the $38i.p.o. rice and this morning the shares surged 2 percent at 3828 and it appears stocks are trading at $36 why 88 a share. >> soon, coffee will not be the only thing you can pick up quickly at starbucks, teaming up with google to somebody up the wi-fi connection at all 7,000 united states locations. google says customers can surf the web at speeds continue times faster than the current power by at&t. it will take a year or maybe 1 1/2 years to complete. >> meteorologist mike nicco and the wait for summer. >> keep waiting. >> exactly. i found it, and alaska is setting record highs for length of days they have had over 80. we need it to come become home. come home. i will show you that in the seven-day forecast and you can see more sunshine than yesterday. >> plus, lawmakers want to know what going on in our nation's airport, are t.s.a. agents literally falling down on the job? >>guest: i am leyla gulen your abc7 traffic reporter, if you

. >>> mark zuckerberg's stock rose $3 billion in a day. yep. $3 billion in a day. i want to make things more secure. [ whirring ] [ dog barks ] i want to treat more dogs. ♪ our business needs more cases. [ male announcer ] where do you want to take your business? i need help selling art. [ male announcer ] from broadband to web hosting to mobile apps, small business solutions from at&t have the security you need to get you there. call us. we can show you how at&t solutions can help you do what you do... even better. ♪ >>> our third story out fromt, investors like facebook. today world's number one social network posted its biggest single day percentage gain single ever since going public. it was up nearly 30% to close at $34 a share. everybody has hated this company ever since it web public and you may remember, it was a rather abysmal public offering. that's why we're talking about the big surge today. today's surge made mark zuckerberg $3.7 billion, according to forbes in one day. i've met the guy. he doesn't have to dress like that. sure nice to know you've got

. >> so does mark zuckerberg, as people pointed out. >> exactly, but mark zuckerberg is not trayvon martin wearing a hoodie. because of the stereotypes and fears that are not always conscious. there's one other thing i think is really important to note here. there's a new tumblr that somebody put together that is i am not trayvon martin. so black folks are appropriating the hoodie to challenge the notion that we should be feared. but now white americans are standing up and saying, and i'm not trayvon martin, to say i don't have to walk through life being afraid. i've committed crimes and not actually been penalized for the crimes i've committed because i am white. and i think one of the things -- and this is true of emmett till as well. one of the things that this symbolizes is that america is starting to see that race indeed still is a factor. that's something that happened when emmett till was killed. the violence in mississippi. it's happening now. oh, we do still have to think about race in america. >> some are seeing that. some are not. professor diamond, do some of these stories beco

. >> man called institution legend by facebook ceo mark zuckerberg died.e executive should have of facebook killed in a motorcycle crash this morning. he started with one cafe at facebook in 2008 and over saw it opening of dozens of ors around the world. joseph was 44 years old. >> racing team could start practicing again for the america cup as early as tomorrow. we were above the new boat today after it launched in alameda. the crew made some adjustments today. the boat has been out of the action since crew member simpson died on may 19. the team will expect to start racing next month. >> thunderstorm in southern california proud wild weather today. rain turned into hail at one time. quarterer too size pieces of ice. 60 miles per hour winds and lightning knocked out power to nearly 500 customers. >> in utah flash flooding caused this strange phenomenon. not sludge. it's water and debris mixing together in an ooze or blob coming at you. moving slowly because the debris is so heavy containing water. video shot few hours after three inches of rain fell on th

zuckerberg is involved in immigration.hat to invest is is to ask who is running the company and what are their philosophies. buy what you know, that means know the company, know the leadership, know how the company will grow. yet the leaders of this company had been vocal on just about everything except just that. it can't just be mow ability, can it? the stock is on fire tonight, no doubt about it but it still has a long way to go to get back to that original ipo price. that will do it for us tonight. thanks for joining me. the market today mixed, down 25 on the dow. stay with cnbc. "fast money" begins right now. >> live from the nasdaq market site in new york city's times square i'm melissa lee. i'm with my traders. let's get straight to the story. facebook shares surging on better an expected earnings. it has been a rough ride for zumer berg. the stock is nowhere near the ipo price yet. with this 20% pop in the stock is it only a matter of time before facebook gets to its ipo price of 38 bucks a e?

zuckerberg you know he delivered and executed on his mobile promise, so i know i was the first one to put on the hoodie and got withered down to a turtleneck and keeping the hoodie on ty, a long-term hold. >> mr. murphy you get the rebuttal here. at least in the short term you think the stock can pull back and indeed today it has pulled back off its $38 ipo price >> exactly. not sure how to rebut jeff's hoodie and turtleneck line but looking at the performance in facebook, ty up 50% in the stock and, yes, zuckerberg put up a phenomenal quarter. it was all about the mobile revenue growth and he nailed it but the stock moved 50%. you're going to see people who are in at that $38 price target. once they got hold you saw it this morning. they got their 38. they were sellers there, a wave of sellers. i think you need some sort of consolidation here down around 32. i think it gets interesting and long term ty you'll see facebook pushing up for that all-time high which is at $45 a share, but you need some pullback here first. >> so you're basically saying wait to buy wait for the pullback, a

will zuckerberg tell investors what they want to hear. we'll have your winning facebook trade when we come back. we've completely integrated every step of the process, making it easier to try filters and strategies... to get a list of equity options... evaluate them with our p&l calculator... and execute faster with our more intuitive trade ticket. i'm greg stevens, and i helped create fidelity's options platform. it's one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. >>> welcome back. shares of ford are up 3% after the company delivered a solid earnings beat. company also raised its guidance and sales rose by 15% year-over-year for the second quarter. let's go to cnbc's phil lebeau in chicago for more on that. phil? >> scott, we're going to bring in bob shanks, the cfo of ford motor company from dearborn, michigan. when we look at the numbers for the second quarter, up all over the world, but there's no doubt that north america was driving the results. how much of this i

the zuckerberg, gates. jobs. it works anyway. madison did not learn at all. princeton. madison knew a lot and read a lot. the book is not written for those folks. arguably, i think based on the evidence of what i could tell from reading the jobs book and the other pro files of successful people. issue live in a ranch house in california use your garage to play the guitar or invent machines and you will make it much more likely than college. >> i this i that may be true. questions here? just kidding. >> my name is fat another. i want to thank you all for being here today. and making this presentation. via question for bill ben. by the way. also a ut alumni. welcome hook 'em horns. >> two questions for bill bennett. talking about the liberal arts education and how it is changed and i was curious to know how it had changed? and how do you think that this is impacted students in terms of their ability to get a job. and my second question is that um. you seem to in my opinion over emphasize the he can no many i can benefits of an education. but under emphasize the ability to

. >> man called institution legend by facebook ceo mark zuckerberg died.he executive should have of facebook killed in a motorcycle crash this morning. he started with one cafe at facebook in 2008 and over saw it opening of dozens of ors around the world. joseph was 44 years old. >> racing team could start practicing again for the america cup as early as tomorrow. we were above the new boat today after it launched in alameda. the crew made some adjustments today. the boat has been out of the action since crew member simpson died on may 19. the team will expect to start racing next month. >> thunderstorm in southern california proud wild weather today. rain turned into hail at one time. quarterer too size pieces of ice. 60 miles per hour winds and lightning knocked out power to nearly 500 customers. >> in utah flash flooding caused this strange phenomenon. not sludge. it's water and debris mixing together in an ooze or blob coming at you. moving slowly because the debris is so heavy containing water. video shot few hours after three inches of rain fell on t

. >>> mark zuckerberg is preparing to take another political stand and will speak at the premier of am about undocumented immigrants in america, the movie will be shown there, his speech is a sign of silicon valley's interest in immigration reform. >>> bars across the country are being called on to boycott russian vodka. >> vodka -- >> some customers at san francisco bars are specifically saying they won't drink that vodka, the most popular brand in the u.s., that is after the russian government banned public displays of homosexuality and imposed fines on any one who holds gay pride rallies but some bars say they support the brand. >> it here in america has been been nothing but supportive of the gay community. >> the ceo posted a letter on the company website saying they sponsor gay pride events around the world and opposes the actions. >>> 12:26, coming up more on the state of emergency for oakland just as more protests are possible. we thank you for making ktvu your choice for news this afternoon. we will see you when news breaks and be sure to join us here at 5 and also we are her

. >> zuckerberg and tim cook are in the 90s.ers sufrs a bit from her decision to ban workg from home. we asked if she would like to talk about the first year. day declineded. the stock price hasn't been this high in more than five years. clearly she is bringing enthusiasm as well as new employees. >> 70% in a year. >> that's got to play the employees happy, too. >> brian williams is next. hope to see you back here at 6:00. >> good night. >>> on our broadcast tonight, closing arguments in the george zimmerman case and fireworks in the courtroom as prosecutors make a late move that defense has called outrageous. >>> weighing the risks of fish oil. we've been told for years it's good for your heart. but tonight, alarming questions about a link to cancer. >>> a big break in one of the most famous criminal cases in american history. after 50 years, did modern science just reveal the boston strangler? "nightly news" begins now. >>> good evening. the prosecution has now made its closing argument in the closely watched and highly charge

. >>> coming up on monster payday, for mark zuckerberg, 3$300 million in one day after explosive stock. is it time for you to get in? >> announcer: introducing the redesigned jitterbug plus, our smartest, easiest cell phone yet. >> when i heard about the jitterbug, i went online and ordered one for my mom. now my mom has a cell phone she actually enjoys using. >> announcer: the jitterbug plus is easy to use, easy to see, and it has the longest-lasting battery on the market. for a limited time, get a free car charger with purchase. to locate a store near you, visit greatcall.com. greatcall-- people you can count on. [ male announcer ] break the grip of aches or arthritis pain with odor free aspercreme. powerful medicine relieves pain fast, with no odor. so all you notice is relief. aspercreme. >>> facebook finally delivers. the company had its best day ever on thursday, rallying 30% after making big inroads in advertising. it still is, by the way, 10% below the ipo price of $30, but several wall street firms are now raising their target price above that threshold. then there's the housi

. >> man called institution legend by facebook ceo mark zuckerberg died.he executive should have of facebook killed in a motorcycle crash this morning. he started with one cafe at facebook in 2008 and ng of dozens of ors around the world. joseph was 44 years old. >> racing team could start practicing again for the america cup as early as tomorrow. we were above the new boat today after it launched in alameda. the crew made some adjustments today. the boat has been out of the action since crew member simpson died on may 19. the team will expect to start racing next month. >> thunderstorm in southern california proud wild weather today. rain turned into hail at one time. quarterer too size pieces of ice. 60 miles per hour winds and lightning knocked out power 500 to nearly0 customers. >> in utah flash flooding caused this strange phenomenon. not sludge. it's water and debris mixing together in an ooze or blob coming at you. moving slowly because the debris is so heavy containing water. video shot few hours after three inches of rain fell on thursday. >> our

. >>> took's ceo mark zuckerberg says this man was a legend, and on his took page, zuckerman wrote -->> for now, it's remember and celebrate the passing of a great friend, devoted mentor an inspirational leader. he was 44 years old. >>> customers me pueblo are surprised to find out they are filing bankruptcy. store executives tried to put customers' and workers' minds at ease. >> we're up to date on our permits. the issue is our main secured lender. >> now, that lender is listed as wells fargo. neither the bank nor the store chain is commenting. the store says customers should not notice any change in service and product during the financial restructure. now the chain is based in san jose. it has 21 stores in california. most of them in the bay area. me pueblo says all will remain open. >>> let's check in with sal. i was gonna ask you to take me to the bridge. i know some of them you can't see because of the fog. >> right. the golden gate we can't see the towers there. we can take a look at other things. i want to show you that highway 4 is actually doing pretty well. we had an earlie

famous last names like turner, bloomberg, rockefeller, allen, lucas, gates, buffett, and zuckerberg. sam simon is not quite in their financial league, but he is leaving it all and it's plenty, a legacy like that of the simpsons to extend well into the future. mike taibi, nbc news, los angeles. >>> in a moment, a new treat making a difference in the lives of the less fortunate. >>> in our making a difference story tonight, the story about a culinary explosion that has turned into a charitable boon. nbc's katie on the unexpected blessings of the cronut. >> reporter: the hottest new craze in new york city with a line hundreds deep, these people have been waiting for hours. so what is it? it's a cronut. yes, a pastry. no, it's not magically fat-free. >> it's creamy, sugary, and it's definitely worth the wait. >> reporter: dominic created the cronut. his tiny soho bakery has been swamped for months. people can't seem to get enough of the cronut. >> yes, this is fun, but one person pointed out this line is strikingly similar to another one uptown. seven miles away this is the line at the f

. >>> this week was especially good for mark zuckerberg.the facebook founder made $4 billion this week, as the stock price soared. he's worth about 16.8 billion bucks. >>> and there was outcry earlier this week that hasbro was removing the jail spaces from the new edition of monopoly to speed up the game. the report says that the american families needed a shorted game. "the atlantic" reports that that's just not true. that the jail spaces will remain where they've been since 1935. >> i don't know if i've ever finished a game of monopoly. have you? >> thank goodness for the jail spaces. >> no. unless it's the online one on my phone, where i can speed through it. a traditional game of monopoly, takes all day long. >> the first hour's fun. >> how many properties do you really need? >>> when we come back, stress, too much caffeine. now, something to place the blame on. the mourning connection between the moon and your look of sleep. >>> and the president's high-five that made a 4-year-old quite famous. we'll be right back. ♪ [ male announcer ]

obviously mark zuckerberg is a big personality. >> interesting story.k you so much. >> thank you. >>> when we come back -- want to stay with facebook for today's squawk on the tweet. facebook back at ipo price of $38. what's the status update today for investors who sold at $17? tweet us @squawkstreet and we'll get some aens later in the show. >> and the dow is setting a new all-time high. adp is painting a good picture. let's bring in paul, chief global economist with dunn and bradstreet. jason and paul, good morning. >> good morning. >> so we've gotten a ton of data this morning, and, paul, just to start with you, what jumps out? what's the most important thing and what's the message we should be taking from the dow up almost triple digits and the ten-year almost at 2.7%? >> well, i would take the sub elements of the gdp report has giving you positive signs. as we have been see in in the small business health index, there's some strength below the top line numbers in the overall u.s. economy. while a 1.8% gdp number isn't a strong result, when you loo

the winklevoss twins, who are best known for suing mark zuckerberg for facebook's rights, are proposing an ipo for a "bitcoin" etf. it would give investors exposure to the growing electronic currency, although some investors claim bitcoins are too high-risk and unregulated. zynga investors are counting on the new ceo to become a game- changer for the social media company, but analysts say don't bet on it. zynga founder mark pincus is stepping down to make way for don mattrick, who was in charge of xbox business operations at microsoft. "i'm not sure there's a skill- set match with what zynga needs to do. on the other hand, the path they're on is clearly suicidal, so they needed to make a rather rapid change, and i think don was asked to step down from microsoft, which is why he took this particular leap." tech analyst rob enderle believes zynga's best hope for survival is to go beyond the website and cross into all gaming categories, including game consoles. apple is launching a plan to go green. the company will build a new solar power farm to supply its reno, nevada, data center. big

they make up 41% of facebook's edadvertising revenue s and mar zuckerberg on the conference call last. >> when it comes to mobile, i am pleased with the results. we have more actives on mobile than desktops and more than half a billion people use facebook on their mobile than desktop. >> and jim, everybody is buzzing that it is within 14% of the ipo price of $38. >> well, it is a big position for the charitable trust and looking bad for a while. this is a remarkable call. as great as the call was bad a year ago. they have figured it out. they are making a ton of money on the mobile, and the only people who are making money. this time last year, they didn't have a mobile strategy to speak of. this is the end of the programmatic tyranny, and programmatic floods the zones with ads and you can't make money, and they have personalized ads and last year they talked about a gaming company to offset syn ga zene zd people like the calls. zuckerburg was on the call. and there was a call from schact ter, and he was trying to throw the call, and zuckerburg kept focused. >> there was a joke about