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

scott is mike's podcast partner for the silicon valley insider, a weekly overview of silicon valley in the tech industry. he holds a degree in political science from ucla. welcome mike and scott, we are looking forward to your conversation. take away. >> thank you so much. welcome to everyone. michael, welcome to you. it's great to talk to you and this time i get to ask you a question. please allow us to be informal, we are fully i capable of anythg else. [laughter] >> this is an honor to be here for many reasons. i am a big fan of yours and as a tech reporter, i've been standing on your shoulders for years but also computer history museum, some of the earliest stories i did as a silicon valley reporter were at hm and you have allowed me to host programming there to do many interviews and geek out both individually and children to be the exhibits and i always appreciated that. it's an honor to be associated with that. >> if i can add, i am deeply honored, i've done many things over the years, i go back so far, i remember when gordon and bell were making the decision to move to silicon

scott is also mike's podcast partner for the silicon valley insider weekly overview of silicon valley tech industry scott holds a degree in political science and ucla. welcome mike and scott but we're so looking forward to your conversation, take it away. >> thank you so much. welcome everyone, and michael welcome to you. it's great to be here. >> it's great to talk to you, this time i get to ask you the questions. >> and folks, please let us be a little informal. scott and i are not really capable of anything else. [laughter] this is an honor to be here for many reasons. mike, you know i'm a big fan of yours. as a tech reporter i've been standing on your shoulders for years. in some of the earliest stories i did as a silicon valley reporter were at sea hm and you have allowed me to do many there and geek out. individually to see the exhibits. always appreciate it it's an honor to be associated with that. >> if i can add, i am deeply honored. i've done many things at the museum over the years. i go back safari member would gordon glenn bell made the decision to move to silicon valley

silicon batteries so no silicon is come back to silicon valley but is there v product going to work? i don't know but it's possible that batteries can now get on the freight train in not the semi conductors. i think batteries are going to be crucial and whoever has the great breakthrough, you know i had lunch a while back with frederico and i said what's the greatest invention in valley history? is it the tryout -- triode or the transistor? is it the integrated circuit? visit you and your team with the microprocessor and he said no, i think the one true moment of genius in that whole history to play in our process. he said everything else that wee all do you could see it coming. you are extrapolating from where we are now to what we could do in the future but he says the idea of taking the transistor and laying it flat and the printing process and being able to scale it down 10 nanometers with the planar process that was not an active engineering. he said that was an act of artistic creation and he said everything else pales next to that moment when they came up with that so i though

. >> 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

here is a somewhat sympathetic figure who gave it a shot like so many ceos in silicon valley and came up short. >> her former boyfriend, why was he brought up? he was obviously a big part of this. >> he was the coo, and it came up that he made certain budgetary decisions, and it came up that he came to hire and fire certain employees. she said many times during the trial, hey, the buck stops with me. i was the ceo. but we don't know if she's going to put some blame or whatever on sonny bulwani. his name was invoked by her today. >> so in theory, a decision could be made sometime next week. what's the game plan? where are they going with this, the defense? >> the defense is giving her a chance to say, i screwed up. >> and that's not against the law. >> not at all. i was in charge of the logos that we didn't really have permission to use going on the theranos paper that investors saw, logos for big pharma companies like pfizer. i was in charge of creating an environment that some people thought was overbearing and they quit. both times she said, i wish i could do it over again. look, ra

vta says it will get funding to help build the silicon valley b.a.r.t extension. caltrain will get money to help trekify its system, swapping diesel trains for electric ones. that's right along the peninsula. sam trans and ac transit will get money to invest in zero emissions buses. you see the money there, and it's coming here to those various agencies. these are just some of the agencies. our local cities will also cash in. mayor liccardo, san jose says his city, the most populous will get funds to upgrade the power grid, build more ev charging infrastructure, and buy electric buses for school districts. >>> another story we're watching on this monday night, teachers in oakland raising red flags about crammed cafeterias, rooms with poor ventilation and damaged outdoor canopies. they say their campuses could soon turn into covid hot spots. several local teach verse posted a video to youtube detailing the problems at various campuses within the ousc. teachers say among other issues there is not enough air filtration in crowded classrooms and cafeterias. and after

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

valley in california, he and i worked on cybersecurity together and we will continue to work on those issues. i am willing to find a way if others are willing to join me. host: nancy mace, do you hear from constituents more about your vote to subpoena steve bannon or your efforts to end testing on puppies? guest: i would say the puppy letter regarding beagle experiments by dr. fauci and nih has garnered much more attention than my vote on contempt charges . as i promised folks when i ran for office when i got sworn in, i swore an oath to the constitution. the vote on subpoena powers, i would not want to water down those powers for congress because when republicans are in the majority, we will want to have hearings, we will want >> the u.s. house about to gavel in to begin legislative work. members are expected to consider a number of bills dealing with small business development as well as native american lands and casino gaming bills. also, negotiations ongoing on president biden's social spending package. we could see lawmakers take up that bill and the senate-passed $1.2 trillion i

elizabeth holmes returns to the stand in the silicon valley criminal fraud case against her former company, theranos. all that and more, on tonight's pbs newshour. >> major funding for the pbs newshour has been provided by: ♪ ♪ ♪ >> pediatric surgeon. volunteer. topiary artist. a raymond james financial advisor tailors advice to help you live your life. life, well-planned. >> for 25 years, consumer cellular's goal has been to provide wireless service that helps people communicate and connect. we offer a variety of no-contract plans, and our u.s.-based customer service team can help find one that fits you. to learn more, visit www.consumercellular.tv. >> johnson & johnson. >> bnsf railway. >> fidelity wealth management. >> the john s. and james l. knight foundation. fostering informed and engaged communities. more at kf.org. >> and with the ongoing support of these institutions: and individuals. >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> woodruff: more and more countries ar

in an exclusive interview, a silicon valley health care explain what is he looks for before he makes an investment. >> for every given investment, you should still do your do due diligence. assess the market shs the team and the product and the technology. different investment styles might anchor or have different levels of investigation. >> now, chris testified by the end of 2014, his firm shares had grown in value of pennies to about $75 a share. ultimately, those shares prove to be worthless as the company's failed tech was exposed. >>> addressing our climate in crisis this week. world leaders are meeting in scotland to tackle some of our biggest issues caused by climate change. one of the big champions is former governor jerry brown. he's watching what's happening closely. i spoke to him about the moment he realized we were in trouble. >> my sense has grown over time. it's only been relatively recently the last few years i've seen the horror that neglecting the climate will cause all of us. >> we also talked about what he thinks california is doing right and what we still need to

valley habló de los órganos de comunidad se ubica en grandes empresas además sobre están expuestos a problemas de inundación precisamente en la historia se han visto amenazados por la madre naturaleza >> hablan inglés >> al visto del histórica de los años 1000 homicidio 56,978 aminoácidos 83 así que se construyera una se podrá caminar y disfrutar de los paisajes de la hermosa porción al sur de la bahía reino desproteger en otra comunidad los silicon valley lugares como el estadio escuela hospitales y plantas de tratamiento de agua reciclaje de una inundación >> sean asignados o multimillonarios a un proyecto que controla inundaciones que se espera simplemente los próximos años >> hablan inglés >> trabajando lo mismo en el extremo recibiendo fondos a nivel federal y conservación de cosas y otros para continuar levantando derribando uno 5/1/15

his testimony is part of a trial she says will affect how people see silicon valley for years. >> you want it to be known as a place that does that in all the best and most ethical ways of doing that. >> reporter: one final note about bryan grossmann. he testified at one point he went to a walgreen's himself to get a theranos test and was surprised they used a regular needle and it took more than four hours to get his results. scott budman, nbc bay area news. >>> a jogger at the right place at the right time. the unusual way he was able to notify a stranger that her house was on fire. >>> my 5-year-old me was very kind. >> and she is still kind. we introduce you to this young girl's holiday mission and how it all started in the toy aisle. >>> more than 17,000 car break-ins so far this year. >> san francisco has become completely lawless. it's really breathtaking. i don't see it in any city that we conduct business in. >> data obtained and analyzed by our investi shows san francisco has triple the break-in rate in houston and los angeles. we look into what police and the district attor

amazon itself is not in us silicon valley necessarily. but that whole the ecosystem of e commerce is there, it is actually legal to steal up to a $1000.00. and that way pointing out there is that these goods end up being sold by 3rd party sellers on amazon. and so amazon is benefiting from the moral ethical and legal collapse in california made possible by fear money. because, of course, when you print loss of fear money and it goes to the hands of a, say, a jeff bezos who runs amazon, he's got political influence. so i just again, in america, um, i think i really do believe if you put a chart and you made a chart of the, the cost of buying a politician around the world. i think america's the cheapest. i think you can buy a nancy pelosi or somebody like that for a few 100 bucks. whereas in other countries, it actually costs a lot more in europe and these other countries. i wish american, ah, politicians demanded a little bit more money for their influence. nevertheless, here we have this ongoing story of plunder and looting happening acro

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

we think that what we have within silicon valley is a prime example of what represents the world at large of that disconnect. so we provide free tech classes and try to provide our students with the mindsets, the skills, and what they need to actually contribute to tech and innovation. >> are your classes all free, and who gets to take them? >> absolutely. we say innovation for everyone, so our classes are absolutely free, we try to make as few barriers as possible to enter into this economy, so you have people who think it's not for them, we need to make sure that folks know it is for them, there are innovators who looked just like morgan and they spend of diversity that we need. and we want to highlight those, and skills classes, we need people, there is a shortage of workforce, so we need folks with the right skills, so why put up a barrier, so we try to get people the mindset skills absolutely free. >> and you don't have to live in east palo alto. morgan, were nine, you developed a game called candy unicorn, have you continue to take classes at street code? >> yep. >> what kind of cla

and you see article after article of these families out in silicon valley, having to like fortify their homes and assorted it because it is the neo feudal sister ray that the, the fortifications of the neo feudal era are here. right, right. the bigger government is the problem, big government, and this is what the left, the progress of draws advocating for bigger government, more money printing. and this is exactly what happens. you have a sense of entitlement. so the people that are stealing all this money, they feel they are entitled to it because the politicians are stealing a lot of money. the big government is doing a lot of money. you know, another trick that amazon uses, of course, to choose up their bottom line is that they do white label brands or private label brands, or they compete, quote, unquote, with other companies, by introducing amazon labeled merchandise like amazon batteries, et cetera. so in this case, the looters that are plundering the stores, they've got the amazon bat, and the amazon hoodie. you say it's amazon branded looting and they only hit you on the head w

. >>> welcome back, it may be hard to believe in the mid silicon valley. there are people who made it their mission to put the right tools in here hands. garvin thomas shows us in this morning's bay area proud. >> those are the refurbished computers. >> reporter: the story of why though goes back many years into a single computer. the first one hu ever used, a radio shack trs 80. it was hu's introduction. >> i was in school. i did the extra work. i went to eight periods and started programming everyday. >> reporter: hu fell in love with programming and is to this day an i.t. consultant. you can say one computer changed his life. which brings us back to the reasons of all those other computers in that store unit. >> reporter: hu is the founder and president of triple r computer. a nonprofit that takes donations of used laptops refurbishes them and donates them for students who could not afford them. >> reporter: on this day, 50 computers are going into the hands of freshmen at hayward high school. >> reporter: in the past six years, hu and his team have bee

valley about the effort. >> we have a tremendous fundraising goal, our goal is $81 million, which is twice as much as we are raising pre- pandemic because we are continuing to provide almost twice as much food to our community. we are now serving 450,000 people every month. that is because, even though it may feel like things are getting back to normal, families are still struggling to recover from the economic crisis of the pandemic. >> you open a new location in san jose to keep up with the growing demand. are you seeing a lot of donations and is the need this year as significant as last year? you mentioned a bigger goal. >> yes, we have seen the need decline just slightly but we are continuing to hold at about 450,000 people per month. we are continuing to open new distribution sites and also support our ongoing distribution sites. during the pandemic, we have had to switch over to drive through distribution to keep people safe. we are continuing to serve and many of the drive through's, 500 households at a time sometimes almost 1000 at a time. >> to find out how to donate your ti

believed to more. >> tracking and distribution kicked into high gear at second harvest of silicon valley in sand and say we've been doing this for 20 bucks. secure south be families rely on the food bank. year round. but there is no busier time than the holiday season volunteer in team lead in the been more than 400 hours of this year. ever since covid the numbers have just gone through the the food bank is feeding about 450,000 people each month. that's an 80% increase. >> from before the pandemic. this year. we're providing 22% more for than he did last year. second harvest ceo leslie bacho says the organizations budget has doubled during the pandemic to keep up with them and it has added 15 more trucks opened a new warehouse and increased its staff 40%. at the same time, it has ended its traditional food collection. drives with barrels to be more efficient. >> bacho says second harvest has enough food but needs volunteers and monetary donations. and actually people donate. >> money reconstruct it much farther for every dollar donated concerts update for 2 meals. >> say they believe in

it was purchased by a billionaire, a silicon valley venture capitalist, mark atkrae sun. so the estate sits on seven acres and has its own movie theater and two guest homes. wow. >>> an act of kindness on halloween translating to more treats for children going door to door. a mountain view woman left a bowl of candy outside her door, and the candy was gone by the time a group of girls arrived. first, they took a few pieces, but then look what they do, they add candy to the bowl for the next set of trick-or-treaters. isn't that nice? that is kindness. >> i thought that the story would go another way, but, no, that's beautiful. >> i put a bowl out and we still had tons in there. >> really? >> yeah. >> look at this. halloween may be over but we still want to share awesome customers. look, we see princesses, and so many beautiful costumes. one to the left, i am not sure what is going on there? is that bedrock, "the flintstones"? i can't make it out. too small for me on my screen. we will share more as we go through the morning. did any of you dress up? >> i showed cute, beaut

in the silicon valley, this was their customers, and contributors. saying they're going to fame. >> that's how they approach it. then they're going to make themselves superfluous, and if you anticipate that, if you precede in business on the assumption that your job is to make your own customers superfluous, you're going to run out of things to do if that's your business model, aren't you? >> i don't -- i mean, i'm even in control enough not to believe, that they continue to advance at a tremendous pace, but i don't think it's advancing any more rapidly than it did at the time of the industrial revolution. >> mm-hmm. >> and i think that the economist william moorhouse has looked at this, and looked at the invention creation of life, is amount of lumens you need to light a room at night, and it shows that the advance in lighting has been 100,000 times more rapid than it was measured in the economic model. essentially economists were writing about mills, and -- >> william blake. >> yeah. they were writing, and emmitt james, writing, and the incredible

also michael malone chronicles the beginnings of silicon valley with his book the big score. then "the memory thief" about the effects of opioid use on the memory. what can teach doctors about alzheimer's disease followed by biologists carole hooven explaining how testosterone dries behavior. >> some people say that artificial intelligence is going to make a the human race obsolete. people don't want to think that a artificial intelligence, and intimidating subject that the thing about ai is even if you don't want to think about it, it is thinkingut about you, or is ? that will be the question we will be discussing today on this episode of independent conversations. greetings everybody who has joined us. i'm graham walker coming from the independent institute in oakland, california. we try to bring notable experts on aic variety of topics to discuss topics of the day and we think giving your perspective that you're not likely to hear elsewhere, and today we'll be talking with george gilder. let me welcome george gilder to independent conversations. hi, george. [inaudible] >>

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

a flat university society in silicon valley, binary symbols which can play games better than us. there are black and gray, white and gray stones and the stones are symbols and they don't show beyond the board. if you have a computer, they can move billions of times faster than a human can. obviously they can play better than a human. >> i think you're saying a man is going to be superseded by a threshing machine. a man with a single side of that doesn't mean the machine is more sophisticated than the man. >> that's right. >> you say early on in the book and you repeated in a few places that you have two basic claims notion of sort of supremacy of artificial intelligence and both don and self defeating. i find it reassuring to learn from you and your book and other sources that the human mind is more complex and maybe the entire world internet system,ur that is reassuring. i'm glad to know maybe there's evidence but my mind is more than just a meat machine with electronics pulsing threat. so maybe it is done but the trouble is, could this view of artificial intelligence rise to a

valley extension and invest in public transit from electrical buses to passenger railways and much as to better connect communities. >> traveling up and down the state as your newest senator to make sure that, as we advocate in congress, as this package was being crafted, it reflects the priorities of the state of california, including the completion of the station into the grand central station of the west. that is the kind of scale of what we're talking about. >> reporter: water infrastructure was talked about today and water recycling as he says there is significant investment in the bill which will go to that and the san jose mayor says the money will add to what they have already been doing. >> it may be raining today, we will be in a drought for a while and we have ambitions about expanding water recycling and purification and we are excited for this bill. this is when we are ready to move forward aggressively. >> reporter: among other things included in the bill that they say will benefit the bay area, good investments in high-speed internet, managing vegetation, and rehabilita

i think companies in silicon valley that revive their business plan is also leaving their customers and contributors are going to fail. >> yeah, if that's how they approach it, then they're going to make themselves superfluous. in fact, they seem to anticipate that. if you proceed in business on the assumption that your job is to make your own customers superfluous, , you're going to n out of things to do it that your business model, aren't you? >> i think it's quite absurd. i'm even contrary enough to not believe that -- i think technology is continuing to advance at a tremendous pace, but it don't think it's advancing any more rapidly than it did at the time of the industrial revolution. i think that nobel laureate economist william nor house -- nor house did a study of the advance of writing. this is the invention, creation of light, the amount of lumens you need to light a room at night. and he shows that the advance in lighting has been a hundred thousand times more rapid than is measured in the economic models. essentially, economists while they are writing about them satanic mill

. ♪ 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

. >> we see an absolute growth in silicon valley and the growth of the technology industry. maria: you said the boxes are from afghanistan comes with consequences. >> why don't we just leave? we empower the taliban and there is a fundamental misunderstanding it is self-delusion on the part of the biden administration. >> are you saying prices are off is that a sellers market quick. >> it is. >> but it's also generic in some respects it could be the hardest market out there. maria: looking at where markets ended the we get was busy that record center hitting new record highs on the back of strong retail earnings and recovering labor market. there is still the big threat of rising inflation joining me to talk about that with managing partner in former raymond james vice chairman fred, it's great to see you this weekend. thank you for being here. >> needs to be here. thank you. maria: a lot of signals on the macro story some are better than expected retail sales numbers better than expected retail earnings with inflation so how are you investing right now and is that the story?

valley in california, he and i worked on cybersecurity and we will continue to work on those issues but i am willing to find a way if others are willing to join me. >> nancy mace, do you hear from constituents more about the vote to subpoena steve bannon or your efforts to end of testing on puppies? >> the experiments by doctor fauci and the nih certainly garnered much more attention in my vote. as i promised i swore the vote on the subpoena power i wouldn't want to waterdown those powers for congress because when republicans are in the majority we want to have hearings and investigations. there has to be a method to hold those individuals responsible and it wasn't long ago that weat had at the hearings into the committee was created in the same manner and even the secretary of state showed up to ignore the subpoena so as somebody that is on oversight and at the ranking member of the civil rights subcommittee, i'm going to protect those rights to call people to testify and if they don't show up hold them in contempt regardless of the political affiliation and regardless of who's in

silicon valley is a notoriously _ world. silicon valley is a notoriously secretive - world. silicon valley is a | notoriously secretive and 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? 0ne how did big tech get so big? one of the reasons it got so big, to be honest, is by exploiting thousands of people who work there. the way that they have managed to keep that exploitation going is by silencing people who work there, including through incredibly wide and broad nondisclosure agreements. i have honestly almost never seen anything like it. i am a human rights lawyer who used to bring cases against the cia and the culture of secrecy at big tech is basically as bad as i used to see in the cia. it is basically as bad as i used to see in the cia.— to see in the cia. it means whistleblowers _ to see in the cia. it means whistleblowers who - to see in the cia. it means whistleblowers who want i to see in the cia. it means| whistleblowers who want to to se

we have katherine here from second harvest from silicon valley. tell us about the need. >> the need exploded since the start of the pandemic. 1 in 4 people needed our support, and we are serving 450,000 people every month. >> reporter: that's more than prepandemic? >> yeah, 80% more than free pandemic. what we have seen is that it spiked right after shelter in place and it has not gone down, and our clients still need a lot of help. >> we have had a lot of our seniors and kids at home a lot more, so they were not necessarily getting fed at school, so that plays a factor, too? >> absolutely. a lot of seniors did not feel safe coming out so we started a program to deliver groceries to their homes which our volunteers are still busy doing. >> reporter: a lot of times volunteers want to drop off a ham or turkey but it's difficult to do that right now? >> yeah, we are renting a fourth warehouse to meet the need. we are distributing 12 million pounds of food every month, and so everybody can donate, and 95% of the contributions goes to the clients. we c