facebook at $100 billion. the most valuable company ever at the time of its initial public offering. and more valuable than citi or mcdonald s. millions hoping it will help them boost their bottom lines this morning. dan simon is live at the facebook mothership in menlo park, california, where workers are marking the occasion by working all night long. seriously, dan, what s up with that? it s 2:00 in the morning here and we re wide awake. they re having a hack a thon, an opportunity for facebook employees to basically do what they do best build, design, create. they do this periodically, an interesting public relations move as we re about to begin the trading of the stock. what they want to do is send a message to the world that they built this company on building stuff. so that s what they re doing. they posted pictures to the website showing what s going on inside some of these rooms. in terms of the fundamental challenge facing facebook in the future, it s exactly tha
homes are selling on average of $230,000 above list price and the average sale price has hit a record. just shy of $2 million and that s for a basic kind of fixer-upper house, not this 13-million-dollar place, jon? jon: unbelievable. so what other kinds of businesses stand to gain when the facebook employees get to cash in? well, millionaires like their toys so we went over to the porsche dealership which happens to be, by the way not even a half mile from facebook headquarters. take a look at. so cars that these guys are already buying. these men and women are buying 250,000, $300,000 porsches because it s just not right to drive anything else. right? you need a luxury car and luxury sport car. we spoke to a sales person telling us these people come in and they are ready to pay cash. well, the facebook people we have been talking to for some period of time and basically it s pretty much just wait. and once they do get their
help. mark, thank you for coming on. hopefully we re able to help you a little bit from jefferson county sheriff department. best of luck to you. keeping you in the leap. president obama right now holding town hall number three. this one in three days. here he is in reno, nevada, one day after his appearance at facebook headquarters. a lot of eyes on this today at cnn. should any news break from the president, we will take you back there live? coming up, an accused serial killer captured in chicago. police believe he killed three girls but are searching for more bodies. that story is ahead. also this. we ll be here until they tell us not to, probably still after that. i ve been searching a time or two. whatever i can do. we know she s out there, we know she s coming home. we have hope and faith. a community taking matters in their own hands. people in the small tennessee town are combing through thick woods, rough terrain for a
one of six money-raising events on the west coast swing. yesterday at a town hall event at facebook headquarters, mr. obama said the republican budget deficit plan is not very courageous and actually called it fairly radical. the president also joked he was one of the few people who could get facebook founder mark zuckerberg to wear a jacket and tie. usually it s just those t-shirts. that s right. we know that he can afford it though that s for sure. shifting gears now, more than a month after the u.s. and its allies launch strikes against libya, support for the president s handling of that military action has dropped sharply. our new abc news/ washington post poll shows more than one third of those surveyed disapproved of his handling of libya last month and now 49% say they disapprove of his actions. two western photojournalists have died in libya. the first western journalist killed in the fighting there. tim hetherington was co-director of an oscar-nominated documentary abou
the public safe. i m candy crowley. wolf blitzer is off. and you re in the situation room. it s the future of the presidential campaign getting under way in california right now. president obama is appearing before a small audience at facebook headquarters. he s also live on the network site which had more than 500 viewers. candidates are seeking every chance for the online communication and that s brought down. first, we wanted to listen a little bit to the president. obviously we re having a very serious debate right now about the future direction of our country. we are living through as tumultuous of a time as certainly i ve seen in my lifetime. admittedly, my lifetime is a lot longer than most of yours, so far. this is a pretty young crowd.