people like frances haugen are a rare thing in silicon valley. the decision she made to take on facebook wasn't ta ken lightly. the company intentionally hides vital information from the public, from the us government and from governments around the world. silicon valley is a notoriously secretive and notoriously litigious place when it comes to employees who want to put their head above the parapet to raise concerns. how did big tech get so big? and one of the reasons it got so big, to be honest, is by exploiting thousands of people who work there. and the way that they have managed to keep that exploitation going is by silencing people who work there, including through incredibly wide and broad non—disclosure agreements. i've honestly almost never seen anything like it. i'm a kind of human rights lawyer who used to bring cases against the cia, and the culture of secrecy and fear at big tech is basically as bad as i used to see in the cia. it means whistle—blowers who want to come forward, like haugen, need to be extremely brave and have ext

j silicon valley to take action on our behalf? ~ , silicon valley to take action on our behalf? ~' , ., silicon valley to take action on our behalf? ~' , . ., ~ silicon valley to take action on our behalf? ~ , . ., ,, , behalf? i think they are waking up to the fact that _ behalf? i think they are waking up to the fact that there _ behalf? i think they are waking up to the fact that there is _ behalf? i think they are waking up to the fact that there is a - behalf? i think they are waking up| to the fact that there is a problem, i have met with all the big social media plays and they talk about their educational platform and tools that they can use, and this is not one silver bullet. it comes from parental responsibility, making sure that we scale up people who are social media, but of course when people are under this platform can they do have a duty of care to the people that are using that platform, and if they are not following that, we need to have the rules and the team to be able to enforce them. the countries —— there are countries looking at this, israel and france

i sat down with a start—up from silicon valley and started by asking how companies are treating employees after the pandemic. i treating employees after the pandemic-— pandemic. i do think people have a lot — pandemic. i do think people have a lot more _ pandemic. i do think people have a lot more choice - pandemic. i do think people have a lot more choice and l have a lot more choice and frankly, _ have a lot more choice and frankly, that is an awakening for all— frankly, that is an awakening for all of— frankly, that is an awakening for all of us. as a business leader. _ for all of us. as a business leader. i_ for all of us. as a business leader, i have to think about it in— leader, i have to think about it in term— leader, i have to think about it in terms of talent. for me people — it in terms of talent. for me people come to work to work but they need — people come to work to work but they need purpose and that is what — they need purpose and that is what i — they need purpose and that is what i found in my career and when— what i found in my career and when you

i'm joined now by elizabeth dwoskin, the silicon valley correspondent at the washington post. sorry, that disappeared off the prompter and i lost your name for a second. good to have you. can i ask you if it was somewhat excited because it seemed to catch the market by surprise with matt dorsey posted his resignation letter on twitter as twitter ceo. iie posted his resignation letter on twitter as twitter ceo.- posted his resignation letter on twitter as twitter ceo. he said that he had made _ twitter as twitter ceo. he said that he had made this _ twitter as twitter ceo. he said that he had made this decision - twitter as twitter ceo. he said that he had made this decision in - he had made this decision in consultation with the board but clearly it was a very closely kept secret because and very sudden because it was announced on a twitter day of rest, which is a date when the whole company is about to be all. so it seemed really unclear and call thousands of employees by surprise. and call thousands of employees by surrise. ~ .,, , and call thousands of employees by surrise.

after silicon valley, which is to say, disruptors, what did they do? they identified a large market that was not being fully in property -- and properly served and said i will provide a solution. 95% of our revenue comes from permanent capital vehicles, so we have attired different offering -- entirely different offering. we said there is a chance to be that disruptor, and then we purposely built a business model that looked like a tech company. we did not start and say our base model is a bank, and how do we become a better bank. we started by saying cure is a necessary service that if we can do a great job delivering the product we can earn really attractive risk-adjusted returns , and this is the important point for our shareholders. we look a lot like a sas business and people do not map technology to wall street, but we have done this consciously. >> where businesses are set up to deliver to their end to gives her a certain set of services, but if you held our income statement against any other sas company you would be surprised how similar they a

. ♪ announcer: from the heart of where innovation, money, and power collide, in silicon valley and beyond, this is "bloomberg technology" with emily chang. ♪ emily: this is "bloomberg technology." ge, toshiba, and johnson & johnson announcing

announcer: from the heart of where innovation, money and power collide, in silicon valley and beyond, this is bloomberg technology with emily chang. emily: i'm emily chang in san francisco and this is "bloomberg technology." in the next hour, president biden promises change for the better with his new infrastructure law coming at a precarious political moment as polls show overwhelming pessimism across the u.s. about the economy. we will break down the details. plus, another twitter filled weekend for elon musk the world's richest person taking on senator sanders. wide twitter users believe he could be hinting at selling more --tesla shares. and he's the youngest ceo of a public company on track to transform the trucking kindest re-dutch industry. -- the trucking industry. i will be speaking to the ceo of embarq. let's get a look at the markets. kriti gupta has the full picture. >> names like tesla and nvidia down on the day but then you have facebook and alphabet higher on the day. the s&p 500 index essentially unchanged on the day. another thing it shows is a risk off day with the c

. >> from the heart of where innovation, money, and power collide, in silicon valley and be line -- and beyond, this is "bloomberg technology." ♪ caroline: i'm caroline hyde, in for emily chang. this is "bloomberg technology." anna cutting edge chip fabrication plant in the longhorn state. troubled

>> from the heart of where innovation, money, and power collide, in silicon valley and beyond, this is "bloomberg technology." ♪ caroline: i'm caroline hyde, in for emily chang. this is "bloomberg technology." building cutting edge chip fabrication plant in the longhorn state. travel bookings at a record. get a look at what to expect ahead of next year. and taking a look at supply chain issues ahead of the holidays and if supply will be able to meet demand. will catch up with the shutterfly ceo on holiday predictions. we will get to all of that in a moment, but let's get a look at the markets. the tech sector. kriti gupta is in the house. ♪ kriti: it takes a cue from oil, i will walk you through it. today's big news was the release coming out from the biden administration, 50 million barrels put on the market for oil and a way to combat the inflationary pressures you're seeing. to take away for the market is that it is a short-term solution. the oil price still higher at the moment, looking ahead to the demand after the sdr impact. that's where you start to see yields creeping a li

in silicon valley and beyond. this is "bloomberg technology" with emily chang. [stand by]

announcer: from the heart of where it ovation, money and power collide in silicon valley and beyond -- this is bloomberg technology with emily chang. caroline: i'm caroline hyde in for emily chang. in the next half-hour, we will take a deep dive in two president biden's pick for chair and vice chair of the federal reserve. has tsi

announcer: silicon valley and beyond, this is bloomberg technology with emily chang. ♪ emily: i am emily chang in san francisco. coming up, it is britt taylor's weekend we are living in it. he is salesforce's new co-ceo, the news coming today after ta

. >> we fancy ourselves a bit like silicon valley, but it is that we modeled our business after silicon valley, which is to say those disruptors, they identify a large market that was not being fully or properly served and say i am going to provide a security solution. we managed primarily permanent capital vehicles, so we have an entirely different offering to the issues of capital. we can provide different duration and structures from anybody else. we said there is a chance to be that descriptor, and we purposefully built a business model that looked a lot more like a tech company than financial services. we did not start and say our base model is a bank. how do we become a better bank? we stood by saying here is a necessary service, and if we can do a great job delivering that product we can earn attractive returns, and our business attributes, and this is an important point, we looked a lot like a sas business and people do not map technology to wall street, but we have done this consciously. >> where businesses are set up to deliver to our end anticlines a certain set of services,

. ♪ >> from the heart of where innovation, money and power collide, in silicon valley and beyond, this is bloomberg technology with emily chang. emily: i am emily chang in san francisco and this is abloomberg technology.a coming up, a tale of two failures, zillow and t h

william: we know the model city for silicon valley. it has become successful because it copied hong kong's model. xi jinping says you should innovate with an eye toward the needs of the center. they are managing innovation and the directions in which these companies have to focus their growth. it is a dangerous game and it may or may not work. most industrial policies fail. jonathan: it is good to catch up, william we. very few -- william lee. lisa: a lot of debate with hong kong saying, let us lighten up. we are doing the best we can but we are getting pushback and not wanting to have headquarters here. how much can they pursue zero covid for something that isn't going away? they are never going to achieve zero covid if they want to open borders. jonathan: this has huge consequences for the supply chain. a record trade surplus out of china. lisa: the idea is how much of a boost do they get from this versus how much decline do they get from people wary of doing business if workers are told to stay home because one person. covid. jonath

in silicon valley and beyond, this is bloomberg technology with emily chang. emily: i'm emily chang in seattle. coming up, the meta-verse will be more than just fun and games. microsoft unveils its version of virtual worlds for business. my exclusive conversation with ceo satya

>> from the heart of where innovation, money and collide, in silicon valley and beyond, this is bloomberg technology with emily chang. caroline: this is bloomberg technology. we will take a deep dive into president joe biden's pick for jerome powell and lyle brainard. will this help avoid a contentious battle heading into an election year? let's take a quick look at the market reaction to the announcements. big tech took a hit we maybe see -- took a hit. we may see a more hawkish tone. many felt brainard would be a dovish voice. no news on what sort of -- who will head that part of the federal reserve. largely because we did not see yields push so much higher. that is we expect a rate hike as soon june 2022. gold futures fall down 2.4% as inflation could be tamed somewhat quicker to bitcoin at 56,000 off of its highs. not proving much of inflation hedge. it was down on the day. some of the key tech names under pressure. the two your yield -- the two your yield. the dollar index continuing to rally up for tens of a percent. emerging markets feel the brunt. i do want to welcome our bloomber

announcer: in silicon valley and beyond, this is bloomberg technology with emily chang. ♪ emily: this is bloomberg technology. coming up, activision blizzard employees taking a stand, staging a walkout. this after a report the ceo was aware for years of sexual misconduct claims including allegations of rape at an activision studio. we will bring you the latest. it has been an uphill climb for peloton. shares jumping after a $1 billion stock offering brings in major investors. will this take the fitness company over the hump after its grim forecast for sign-ups? roblox shares on the rise after four days in a row, including today. our interview with david bouzouki later this hour. let's get a look at the markets with pretty cooped up. sox -- >> the green in the markets is where we ended up but the question is consumer spending. we got that answer loud and clear, it is. data actually showing spending is higher over month. and earnings from home depot and walmart signaling monetary support has not gone yet. s&p 500 up. we still saw tech outperformance. ultimately closing with tech as one

announcer: from the heart of where it ovation, money and power collide in silicon valley and beyond -- this is bloomberg technology with emily chang. caroline: i'm caroline hyde in for emily chang. in the next half-hour, we will take a deep dive in two president biden's pick for chair and vice chair of the federal reserve. has the president avoided a contentious senate battle? let's take a look at the market reaction to those announcement because big tech took a hit. we may be seeing a more hawkish tone as the fed chair remains in place. many felt that brainard would be a dovish voice. no news on what sort of bank supervision. still three more seats to fill. the kbw bank index -- we did not see yields push higher as we expect a rate hike as soon as june 2022. gold futures fall as inflation could be tamed somewhat quicker than the market anticipated. bitcoin up off its highs, not much of an inflation hedge, more of a risk asset. the s&p 500 falls from its record high as we see some of the key tech names under pressure and the two year yield, an auction with soft demand overall. the dol

it is a case of three you court fights in a case to rein in silicon valley. the u.k. won't join an alliance being spearheaded by denmark and costa rica, expected to announce as many as 10 to 15 new members today as climate talks in glasgow, but the u.k. says it isn't joining because ending fossil fuel productions could cause a cliff's edge in energy supply. tesla has stabilized after a two day, 16% loss. that the klein cut almost $200 billion off the electric carmaker's value, and $50 billion off elon musk's personal fortune. he is still the world's richest person, though. global news 24 hours a day, on air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. i'm ritika gupta. this is bloomberg. ♪ >> powell and brainard are an amazing team. together, they do so much more. and i think this could very well be because they come at it from different backgrounds. powell has looked to brainard for a lot of intellectual leadership. i think they would be a really knock it out of the park, powell as chair, brainard as vic

in silicon valley and beyond, this is "bloomberg technology" with emily chang. ♪ emily: i am emily chang in san francisco, and this is "bloomberg technology." coming up, activision blizzard employees taking a stand, staging a walkout to press the ceo to stop down, this after a report he was aware for years of sexual misconduct claims, including allegations of rape and activision studio. we will bring you the very latest. plus, it has been an uphill climb for peloton. shares jumping after a $1 billion stock offering brings in major investors. will this take the connected fitness company over the hump, after its grim forecast from mike's sales and sign-ups? we will discuss. and roblox shares on the rise after four days in a row, including its investor day today. our exclusive interview with ceo david bouzouki about finding new ways to play games in the metaverse. for now let's get a look at the markets with bloomberg's kriti gupta. stocks getting a lift from solid economic later today. kriti: the green on the screen, the question is consumer spending and we got the answer pretty loud. it i

valley. the group is being spearheaded by denmark and costa rica. it is expected to announce as many as 10 to 15 new members. the u.k. says it is joining because ending fossil fuel -- is not joining because ending fossil fuel production could cause a cliff edge and energy supply. the retail chain -- marks & spencer ceo warned of rising cost pressures and said there are still those supply chain problems. global news 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. i am ritika gupta. this is bloomberg. alix: at the conference all we are hearing is calls we are in a bubble, things will end badly. a product of a controversial merger. the new york-based firm has $70 billion in assets. bloomberg's erik schatzker spoke exclusively to its cofounders on why the only way to get there merger done was through a spac. erik: why do a spac? >> it was the only way to do it. we had a private company that was interested in the idea

. ♪ announcer: from the heart of where innovation, money and power collide, in silicon valley and beyond, this is bloomberg technology with emily chang. emily: i'm emily chang in san francisco and this is "bloomberg technology." in the next hour, president biden promises change for the better with his new infrastructure law coming at a precarious political moment as polls show overwhelming pessimism across the u.s. about the economy. we will break down the detls

cofounders michael reese and michael short adopted a silicon valley type business model for financial services. they spoke to erik schatzker for bloomberg. we said -- >> we said there is a chance to be that disruptor, and we purposely built a business model that looked a whole lot more like a tech company than financial services. we did not start and say our base model is a bank, and how do we become a better bank. ritika: you can watch the entire interview tonight on bloomberg tv starting at 9:30 new york time. global news 24 hours a day, on air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. i ritika gupta. this is bloomberg. guy: thank you very much, indeed. the super return international summit is back in berlin some of the world's largest private equity and venture capital event. joining us now from the summit, bloomberg's dani burger. were to you. -- over to you. dani: i am pleased to say we are joined by ursula burns, the founder of integrum holdings. of course, you were formerly the ceo of xerox as well. you are on man

in silicon valley and beyond, this is "bloomberg technology" with emily chang. ♪ emily: i am emily chang in san francisco, and this is "bloomberg technology." coming up, activision blizzard employees taking a stand, staging a walkout to press the ceo to stop down, this after a report he was aware for years of sexu

. ♪ >> from the heart of where innovation, money, and power collide, in silicon valley and beyond, this is "bloomberg technology." ♪ caroline: i'm caroline hyde, in for emily chang. this is "bloomberg technology." building cutting edge chip fabrication plant in the longhorn state. travel bookings at a record.

. >> from the heart of where innovation, money and power collide, in silicon valley and beyond, this is bloomberg technology with emily chang. ♪ caroline: i am caroline hyde in for emily chang, and this is "bloomberg technology." coming up, bitcoin soares and coinbase slumps. third-quarter results missed wall street estimates.

. >> from the heart of where innovation, money and collide, in silicon valley and beyond, this is bloomberg technology with emily chang. caroline: this is bloomberg technology. we will take a deep dive into president joe biden's pick for jerome powell and lyle brainard. will

. >> from the heart of where innovation, money, and power collide, in silicon valley and beyond, this is bloomberg technology with emily chang. emily: elon musk's followers have voted the tesla ceo should

three rounds of silicon valley funding for her idea before she was 24 years old. under friendly questioning from her defense attorney, one of her against attorneys, kevin downey, she talked about the early days of theranos. how she dropped out of stanford at 19 years old after doing some research on microfluidics which became the basis for her invention. initially she thought of a pill people could swallow that would send out data in realtime over how somebody was doing healthwise then it turned into a patch. ultimately after dealing with pharmaceutical companies and talking and doing more research, the idea of this microblood testing device, which ultimately did not work again, by the time she was 24 years old, she had contracts with big pharmaceutical companies. pfizer, glaxosmithkline, bristol-myers squibb all of this now on display for the jury as they get a sense of the elizabeth holmes that dazzled wall street, dazzled investors and dazzled silicon valley a lot more to come next week, including potentially some pretty rough cross examination. >> scott cohn l

big data to help solve the problems faster and sense in the heart of silicon valley she realized there was a potential business and took the pandemic to show the world how big health tech could be. >> there was a lot of interest but not a lot of uptake and when covid hit suddenly the entire medical infrastructure on the research side needed a technology to execute clinical trials so within a week we got calls from all over the world saying could we use your telemedicine and use vital signs? everything shoifted from 5% of the industry to north of 60%, 70%. >> it is entrepreneurs like this that remind me how big the transformation is that's happening in data and cloud. industries not getting the full benefit of measurement and artificial intelligence. think about the clinical trial groups not relying on those close to a hospital. >> my understanding is there's a way to speed up sort of fda approval of drugs and maybe related to the clinical trials. >> she said that the process for getting a drug approved takes about 12 years and that's the enrollment and speed that up by a factor of thre

valley, robots don't get tired. they don't drink they are a steady hand it seems like in some ways they do a better job. >> i think today we see it as an evolution. we've always been part of trying to provide -- enable our frontline employees to be more efficient, drive greater productivity, starting off by providing a mobile computer or scanner. but today with a mobile robot, you can now offload a lot of the walking time that they have. if you look at somebody who works in the warehouse, they routinely would walk six to eight miles a day. and with robots, they can walk much less. so it takes away a lot of this. >> that's the kind of waste that's eliminated. that's great. >> this is much more efficient you still need a worker to do certain tasks. >> now, when we first started talking about health care, it was something you wanted to dig in. >> yep. >> but now you're a dominant force. how did that happen? >> we were very early getting into health care in our space. the catalyst for this was around the medical health

valley >> he speaks the truth i've seen one technician last week or so say the ndxs unwillingness or inability to buckle in a rising rate narrative has to be respected. and they took off their cautionary call. i wonder if that's how you see things developing right now. >> so, carl, i do think that we have to remember that tech intrinsically is actually deflationary in its nature you have this effect where cost structure is declined with scale and get more impact results from them so when you look at software names in particular, you find that the compute are naturally riding this declining cost curve. you can combine that with real estate rates and the lack of physical inputs that other supply chain issues are facing manufacturing industries right now that are driving costs up. and i absolutely would argue that software costs are somewhat immune from the inflationary dynamics on the flip side, on the revenue side, you have high vendor lock in and pricing power that suggests you can run pricing up in a forward inflationary environment, if you choose to, which would actually be net mar

it's teaming with silicone valley start up called gaddack to relay online grocery orders the truck traveling in a 7 mile loop from fulfillment centers from bentonville arkansasto a nearby store. >>> and the stock trading platform robinhood suffering a data breach. the company reports it happened last wednesday robinhood reports the e-mails of about 5 million customers were compromised but that no social security numbers or financial information was taken. >>> on wall street, all of these at record high closes. the dow up 104 s&p up 4 the nasdaq up 11 >>> i'm shepard smith on cnbc. it's the bottom of the hour, time for the top of the news >> one bill down, another to go. can congress passes rest of president biden's economic agenda >>> prices soaring, services lacking. welcome to skip flation in america. but first, at long last, the u.s. reopens to the vaccinated world. >> it's a monumental day for america's covid recovery the united states welcoming in international travelers for the first time in nearly 20 months vaccinated tourists are rushing to border check points across the country. thi

some students see the course as a prerequisite for high-paying jobs in silicone valley. here's cnbc's kate rooney. >> i think as long as we put it together -- >> reporter: learning about blockchain is about a lot more that finding the next big cryptocurrency, at least for some students. >> when you get into crypto more, you kind of realize that a lot of what you learn in school is kind of useless >> reporter: he says it's the key to unlocking his dream job in tech. the college junior co-runs the blockchain club at cal berkeley. he and some of his classmates describe it as the next wave of the internet, which some talk about as web 3.0, especially as facebook changes its name to meta and hypes up blockchain as part of that future. >> a lot of new companies like facebook just used meta so if the biggest companies in the world are transitioning over to blockchain, it kind of feels you are being left behind unless you move with that >> reporter: berkeley is one of a handful of top universities now offering courses on blockchain competing with harvard, stanford, m.i.t., corne

valley story over and over again. we are seeing it right now don't underestimate the impact these people are going to have on the normal car market it is really hard for incumbents to -- like the ford f-150 lightning, it is going to be hard for ford to go after rivian it may sound strange to you but they have legacy to deal with. >> sure. >> you go to the dealer, should you buy a gas 150 or electric 150? it makes it challenging for ford to push its scale on the market whereas rivian has a really clear direction and they're doing direct selling like tesla. >> i totally - >> i think you are going to see evs win over the legacy car over the long run >> i agree with you 100% on that i mean obviously the legacy automakers will catch up because that will be the market. they have no choice in that sense. but when you look at the production that tesla is operating at and the amount of time it has taken them to get there, the manufacturing nightmares, still bringing austin and berlin online right now. the issue with evs is not

valley that outsiders rarely get to see. just how reckless investing in startups can be. one investor testifying that he asked the company for audited financial statements theranos never gave him any, but he still invested $6 million anyway another said his firm invested $5 million, even though it didn't understand at all how the theranos' technology worked. maybe because it didn't. the investors say they believed the data provided but they were often given false information. it also came down to holmes' charisma he was touted as a visionary, like steve jobs, who created a sense that investing in theranos would be exclusive and elite cnbc recently got our hands on taped depositions that could offer clues as to how she might testify if she takes the stand here's cnbc's yasmin corum. >> she was the world's youngest self-made female billionaire who was never at a loss for words. as you'll see in this nearly four-hour deposition obtained by cnbc, it was a much different elizabeth holmes who hardly said anything the date, june 27

. >> it's something that in silicon valley it's happened before oracle hp at times had that it's an interesting set-up in lieu of becoming executive chairman interesting too with twitter link and - >> maybe they'll buy it again or try to. >> maybe that's one way out. the terms of the stock response of salesforce to me about how tightly stretched it was looking at the free cash flow that's one to way to look at the valuation. as low as it's been in the history. >> only point going from the question markings of a founder led leadership to the busy people chairman of twitter is a big job when you have a new ceo and promoted co-coo at the executive job. it is kind of quite interesting that that's how it played out there. >> it is twitter had half a ceo before this. >> an improvement. >> but also you have to wonder if it's a change of the duh the is or a change of title. >> president and coo and running a lot of -- benioff has the hand in everything and very involved in the other project just the stock down 7% on the guidance miss we have box earnings also out? deirdre? >> smars up as much as 5% in

valley funding from major players before she was 24 years old. now things get harder. she and her attorney have to make sure they don't open too many doors for cross-examine look at this one, for example, when she's questioned about a 2014 "fortune" afrticle >> were you aware this article was included in the binders and materials that they are athought sent to other investors? >> i don't know. >> did you ever ask for this article to be included in investor binder? >> not that i can remember i don't know >> there is a fascinating bit of clock management, there's only two days of court this week, so what will the jurors be left with po to ponder? confident holmes or elizabeth holmes on the defensive? we will see. guys >> so just to play this out, that's just, you think -- not the prosecution, rather, but the defense will try to keep her and hold on to her until wednesday, and then have the defense work this next monday is that the idea >> reporter: well, that's a possible it depends they have this sort of parallel battle here of the defense doesn't

valley and said we will build software programs for the u.s. government they said why would you build for the government in they are hard too work with, and data is useless. no one will believe the product war. something fully align with your clients is not smart you should turn your clients and the u.s. government said build your product in the way we want, powerpoint developed by someone who was not technical for something necessary in the '70s. we didn't do that we built a number of products now on the market and winning in the market to do that we've hired the best and most interesting eclectic people in the world. they work at palantier for lots of reasons we continue, we will continue to develop these products and continue to comp people and we are very, very focused on being fully aligned with our clients and actually aligned with people who own our stock. what does that mean in the real world? it means that we will continue to be very focus on delivering value. we will continue to comp people. i don't believe we are deluding people into

this as prosecutors prepare to confront the now-disgraced golden girl of silicon valley. >> for weeks we've heard all of the allegations that they have mounted against her, and they'll get a chance to put those allegations to her and kind of see how she responds. i expect it will be pretty fiery at some points when that happens. >> reporter: cnn, san jose, california. >>> and now for some much needed good news. a group of volunteer craftsmen at waukesha, wisconsin, are making sure survivors of that deadly parade attack have one less thing to worry about. they're going home to home building wheelchair ramps. >> we're very thankful for everyone that is part of this. waukesha's a very strong community. we're a small city, but when this happened, everyone just came together. >> home depot and several other local businesses donated all of the building project materials. >>> thanks for joining me today. i'm paula reid in washington. "cnn newsroom" continues with jim acosta. >>> you are live in the "cnn newsroom." i'm jim acosta in washington. we start with breaking news. dr. anthony fauci s

. >> reporter: the silicon valley entrepreneur appeared alongside then vice president joe biden at the company's california lab. >> talk about being inspired. this is inspiration, man. this is inspiration. >> reporter: the trial is in its 11th week. it's not clear if holmes will take the stand when the defense gets the case likely this week. but her attorneys are expected to argue she was a hard-working founder whose company ultimately failed. but fail suure is not a crime. three jurors have already been dismissed for one reason or another, including one juror dismissed for playing a game of sudoku during testimony. that leaves just two alternates left. according to legal experts with the pandemic that puts the prospect of this going to the jury at significant risk. keep in mind, pam, this trial still has at least one month to go. >> you'll be bringing us updates on it for sure. thanks, dan simon. >>> better start your shopping now. the shortages that could ruin your holiday plans. up next. ♪ there are beautiful ideas that remain in the dark. but with our new multi-cloud experience,