>> zuckerburg is on stage describing what he is planning. what if we made our phones designed around people first. the way he thinks about it is not so much facebook first but you will see your friends first which is the way he thinks about facebook. facebook is the way you think about your friends. it is a big change in the way that people might use your phones but it will be popular. >> that's an interesting thought. we always circle back to steve jobs and to his sort of quality as an inventor and a guy who could see around corners, invent things before we knew we had a need for him or a desire for them. does zuckerburg have that same skill? has he been able to repeat that? >> i don't think he has quite as subtle and sophisticated sense of that as steve jobs did but what he has done uniquely is maintained his long term vision that he acquired really a decade ago. something came out on the internet that suggests that when he was 15 he designed a social network that was a way to connect to people on the internet. this interest of his could g

that's the principle that jobs and zuckerburg use to look at the best candidates. look, i hire people from the street because they come in and say we'll mop the floors and do whatever wp we love your brand. we want to do whatever it takes to get you to that next level and they grow with the company. >> that protects the culture. >> if you don't have that culture and people that share that same vision that you have and want to do so badly what you want to do, forget everything else. >> are there certain businesses that this works for better? you have to think at a law firm you need the skills. you can't just judge on attitude. >> you can do both. with you need engineers, i think it's both. that's what he looks for. we're looking for people who will are passionate. we don't care what they are passionate about as long as they are passionate. we still have to look for it. >> who are the people that facebook are hiring? what types of professions? >> i think people from all over the world. people who have been historians and in politics. really all walks of life. it's re

>> next up, mark zuckerburg is going to make his mark in washington d.c.o launching a new high powered lobbying group. we will have that developing story next up on "the kudlow report." [ woman ] i take one prevacid 24 hr for frequent heartburn and coffee is coffee, a quick bite is a quick bite, and play time is play time, because for 24 hours my heartburn is lights out. prevent acid for 24 hours with prevacid 24 hour. because for 24 hours my heartburn is lights out. welcnew york state, where cutting taxes for families and businesses is our business. we've reduced taxes and lowered costs to save businesses more than two billion dollars to grow jobs, cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com recognize me. but i am your market data. i know what you're looking for. i'm not chained to your desk anymore. i'm faster and smarter no

>> mark zuckerburg didn't hold back talking about ads. ads will be coming to the new facebook home user interface. it's not a device-- >> that gives facebook more money. >> the battle between google and facebook, it's a cold war, stuart. they have been longing for the data that google has had. for years facebook was behind a wall and private and google wanted it and now it's out there and now these two companies are going, this is the new battle i'm telling you, because the amount of data that facebook has versus the amount that google has to target ads is the future in technology advertising revenue. stuart: well, it's surprising then that facebook stock is meandering around $26 a share, that's all it is and they've not done anything with the data they've got. >> when this is on every phone and people are sharing the information and they can't do anything about tthe amount of data facebook will have will be staggering. stuart: i love the way you explain it. to a neanderthal like myself. clayton, thank you. three he sleepers stories you n

mark zuckerburg gained $2.3 billion last year when he exercised stock options before the initial public offering. the winfall came to light in regulatory documents filed today. a stake in facebook is worth more than $16 billion. >>> in san jose two elementary schools that opened back in the 60s won't be around next year. the superintendent of schools said the district had no choice but to close them and robert honda tells us more budget cutting moves may be needed. >> reporter: many children go to school where their parents or grandparents attended. slonaker opened in 1963, rogers elementary school in 1966. today the budget reduction plan was submitted to the office of education and both schools will be closed after the school year. some parents say families are heart broken. >> i was upset because of what happened. i mean, this is our community school, this is the school our kids have to go to. their school. >> everyone is sad. everyone wanted to, you know, keep their school open. this has been home for several generations of parents and grandparents. >> reporter: the superintendent sa

immigration law, but what you're seeing right now is a newer generation of people like facebook's mark zuckerburg starting to flex their political muscle. what they want is more opportunity to hire workers from abroad either temporarily or have them come here as permanent residents. they feel there is a shortage and that there is a high demand for people with science backgrounds and engineering and mathematical backgrounds. >> that has been the talking point and selling point we're hearing a lot of lately and that is, immigration was -- immigration was from gardeners, this has come in. eople. my question is: is there a critical need for these workers? or are we undercutting the american job market of kids coming out of college. which is it? >> i think if you look at both sides, it's probably somewhere in between. i have talked to recruiters in silicon valley who say there is a need for workers that is not being met by local graduates and i also talked to recruiters who say there are come sumps -- some companies using it to get lower paid workers because the restrictions on wages are limited. and

all started with mark zuckerburg. some photos were leaked on the web site 9 to 5 google.ow a mid range phone that's made by htc. tech analysts says whatever he announces, most likely put you in direct contact with who and what you like. >> probably let you know if they are in close proximity. location based tabs. >> other analysts say it will be a souped up version of the android facebook add that displays on to the home screen. mark said in the past he's not interested in building hardware but wants facebook to be a mobile first company. facebook like google and yahoo wants to be where you want for everything you do online. >>> keeping an eye on facebook stock. two hours ahead of that announcement the stock is down after being up most of the morning. we'll keep an eye on it. in our next hour, the other market facebook is after and how much money is at stake. pam cook ktvu channel 2 news. >> meantime tesla is getting to announce how it is changing dealer service. plans to expand network of fast charging stations. details will be revealed later this month as the company el

all started with mark zuckerburg. some photos were leaked on the web site 9 to 5 google.y show a mid range phone that's made by htc. tech analysts says whatever he announces, most likely put you in direct contact with who and what you like. >> probably let you know if they are in close proximity. location based tabs. >> other analysts say it will be a souped up version of the android facebook add that displays on to the home screen. mark said in the past he's not interested in building hardware but wants facebook to be a mobile first company. facebook like google and yahoo wants to be where you want for everything you do online. >>> keeping an eye on facebook stock. two hours ahead of that announcement, the stock is down after being up most of the morning. we'll keep an eye on it. in our next hour, the other market facebook is after and how much money is at stake. pam cook, ktvu channel 2 news. >> meantime tesla is getting to announce how it is changing dealer service. plans to expand network of fast charging stations. details will be revealed later this month as the comp