It is still up there, unchanged for now. President the suspended temporarily visas of hundreds of thousands of workers used to work in the united visas, including the h1b used widely for immigrant employees in Silicon Valley. First, a check of the markets. Ending the day slightly up despite all the political commotion. Abigail doolittle has been watching the back and forth. Investors again looking past the bad news. Why . Most part, they are looking past the bad news. Relatively risk on close. Close itself in the past couple of hours, not so great. At the highs, the s p 500 and nasdaq up more than 1 . The nasdaq of course closing at yet another record high. That has to do with todays strength, the stayathome stocks and stayathome sectors. Both at aamazon closing time. The longest winning streak since july of 2019. The stayathome team has emerged. A couple of weeks where the cyclical sectors were doing better. As the virus has started to hotspotscertain areas, created fear. Weeks, thest
Scott good morning, everyone, im scott mcgrew. It is time, it is time for all those clever San Francisco highTech Startups to make some money. Money is the point of starting a business. Its not to change the world, its to make money. For several years now, Tech Startups worried about growth, expanding into new markets, becoming a household name. Here, we see a delivery worker for San Franciscos taskrabbit as he goes on his assigned errands. Taskrabbit has received more than 50 million in Venture Capital funding. And its ceo leah busques job to start delivering profits. Fortunately, leahs one of the smartest people i know. Joined by Quentin Hardy of the New York Times and michal levram. Michal levram two other very smart people. Scott absolutely, the three of you. Now, tell me about this, and im speaking generally about startups. There is that point at which its all growth, growth, growth, growth. I gave you Venture Capital money. Dont talk to me about profits, i want growth. At some po
The latest target of hackers. A group of hackers have been checking wall street insiders providing them with data. Be usingre believed to the information for insider trading. Health the cases involve care or pharmaceutical companies. Intel is buying a canadian startup to bolster its security offering. Financial terms were not disclosed. Without having to mount remember him manually type in the password. They also own an Antivirus Software owner, mcafee. An owner is playing aintel is bn startup to bolster its security offering. Financial much bigger role in holiday shopping. Here is paypals head of Global Consumer initiative. We crunched some of the numbers and in terms of mobile shopping, mobile shopping is on the rise. Your of your paypal, a 62 increase in mobile shopping volume. As compared to last year on black friday. On thanksgiving, it is 47 percent. Sales at paypals Current Company ebay. Ebay is spinning off paypal in the new year. Two hourly. Monday, starting to lose some of it
Of adaptations. We took a wall and started writing all over the Different Things on the wall we thought drones were going to be used for. We came up with a lot of the common commercial ones we talked about here. Then we also kind of had a section of the wall where we wanted to come up with some of the things that we hoped and we wanted to see drones really used for. And aerial delivery of medicines. And those are two examples that we have been involved in since. Any other one of the interesting requests we got early days, walmart found us and they asked us if this is something they publicly talk about. They do, they use satellite imagery to figure out how many people go to the stores. But they want to take a step further and find out how many people go to the stores based on their commercials on tv. So being able to map that and correlate that based on i did this ad campaign and 30 people showed up at the store. Globally and regionally, its huge. All the manufacturing plants in china w
Doesnt help people at the bottom. We have the second Fastest Growing and most of those jobs are flat out on the bottom. People are trapped with no way up and no way out. No one can live on the minimum wage. You try to take care of a family and it is impossible to do. If we care about each other and the future, we will pay people in this state a wage that allows them to take care of themselves and their families. Governor, thank you. Representative richardson, i want to ask a quick clarification on that question. In 2015, ts minimum wage will be 9. 25 an hour. You talked about that being an entry level wage. Do dwrou think it should be higher or stay the same in 2015 . I think minimum wage should probably stay with the same program that we have now because it is indexed. We need to not focus on minimum wage but focus on people and that takes a vibrant economy. Our unemployment has been higher than the National Average for 18 years. Cspans student cam competition is underway. This nation