We went to seattle to see how the city is dealing with homelessness, and find out why so many of its citizens are on the streets. Given the work you do, i think most people would think, well, thats a job that one can live off. Yeah. I think a lot of people are shocked when they find out that i work full time. Hey, larry. ticking its not easy to get to. But for centuries, pilgrims have made their way to a place where faith, mystery and miracles coexist. The story of these 11 ethiopian churches, each carved from a single block of stone, with no brick, no mortar, nor wood, is a creation story youll need to see to believe. ticking im lesley stahl. Im bill whitaker. Im anderson cooper. Im norah odonnell. Im scott pelley. Those stories tonight, on 60 minutes. ticking nicki hi, everyone. We just passed the one Year Anniversary of our 5g launch, so lets think about it. We were the first in the world to launch 5g mobile. We flipped the switch on 14 nfl stadiums and with 5g ultra wideband, we hi
Alphabet apple price target up to 300 couple upgrades at nike, goldman. A lot of research to the up side. Facebook and google in particular have been in the penalty box over regulation concern, trying people in front of congress, having to answer questions. As that was going on, we saw earnings hold up i had the question how long before the numbers outweighed some sentiment while the upgrade seems to be happening. Speaking with all of the market strategists dayin and dayout, they talk about the new trend of cyclical growth, not new per se, but some of the themes theyre focused on while these companies play into that theme. Interesting timing with the upgrade. Seems like theyve seen Sundar Pichai assuming the role as one that would lead to Brighter Future for the company you know, also in terms of valuation, seems like thats another thing that they look at as being a net positive. The other element, facebook in check by the hsbc call that says 40 of market cap could be at risk. Definite
What this means for his role at the social network as well as square. Plus, we speak to the u. S. Deputy assistant secretary of state for cyber munications and communication policy for an insiders view of the u. S. Versus huawei. First, major changes happening at alphabet. Larry page and sergey brin are both said to be stepping down with Google Ceo Sundar Pichai set to take over that position. Sundar pichai will be the ceo of google and alphabet. Page and brin will remain on the board. How big of a surprise was this . A pretty big surprise. There were questions of how much longer sundar might want to be ceo of google. Google is under a massive amount of scrutiny. He has a lot of things to juggle. There have been internal protests. This really was a surprise where basically he has had to deal with all these things and he will be back dealing with all of the other things happening under the alphabet umbrella which includes self driving cars and other things. Taylor with larry and sergey
Wipers and turn them off and it starts sprinkling again. Thats the kind of weather were seeing right now. Most of it is light. We are seeing somecounty. Wanted to zoom in to one other area, moderate rain fremont and yoom city and stops once you get to hayward. Were going to see this kind of activity going throughout the day. We indicates where the heavier rain is right now around san martin and gilroy. So the waves of rain coming through especially this morning will be a little bit more widespread and then becoming more hit or miss going into the afternoon. Mike, you have a crash in san jose. I do, kari. We are talking about the rain coming through out of south county. Our predictive traffic flow well talk about that in a second. We were showing the slowing north 280, you might have spotted that the last time we took the map. North 87 and 1k0 1, north 280 might affect traffic here as folks avoid 280 and continue up 101 and take back down 808 there were north 280 at tenth street. Coming
Obviously a busy morning full of trade and tech news, jon. Indeed. I can take no blame or responsibility for those headlines, but many of them clever all about google thats where were going to start at both larry page and sergey brin step down from their operating roles at the companys parent action alphabet, needing both chief executive roles to be filled kara swisher joins us now on the phone. Kara, i was just talking about this last hour in a way this just smells fishy to me if youre a shareholder looking at the precedent this sets these guys are young, 46 i dont know that weve had any precedent for a tech company, a giant of this size, a controlled company, where the founders say, hey, we still want absolute say over what happens, we just dont want an operating role or to be chairman of the company. Have we seen this before, kara well, in little places. The founder of ebay left the company and put it in the hands of meg whitman and it was a Significant Company at the time and he we