sarah: i don't think they really have an option besides jack dorsey. they did this six-month ceo search, landed with dorothy. they thought bringing him in, he would have sort of the founder, moral authority to make big changes that needed to be made. and finally, he's seen with the loss of many of his executive leaderships, he seems to be taking on more at twitter in addition to his responsibilities. the numbers haven't changed since he took over. we've seen revenue growth start to decline, and user growth is still a little stagnant. this company, like james the same, advertisers are starting to say, why should we increase our budgets on twitter if the audience has been growing the way it's a growing on. they want to go where people are. caroline: it sounds like this meeting with wpp is quite effective. i read your last note and you sounded a bit more buoyant about people starting to rejoin, reactivate, come to twitter as a product. have you lost your optimism there? james: i haven't lost my optimism on the user side. i do think there is an opportunity

i really wonder what 2017 holds for jack dorsey as a leader. caroline: talk to us about the advertising conundrum that is going on at the moment. it is ironic, these companies are meant to make it so easy to trace advertisements, but facebook and twitter are derailing things. brad: the specific instance you mentioned for twitter was one month of an error in tracking video ads, they reimbursed some advertisers, very small numbers. yet, it is part of a broader trend. for the past couple of months, facebook has made these announcements that it is miscounting impressions in the instant articles users see on the site in its video advertising, and it is ironic because here was an industry the promised precision and really demolished traditional advertising, and they are now admitting they have not counted things very well. we need a neutral audit of what the traffic is and i think that is where they are going. caroline: twitter seems to be ahead of the game when it comes to video advertising, looking at vine and periscope. brad: you have to give it j

you interned at odeo, and shared a desk with jack dorsey. what was that like? kevin systrom: when i showed up for my first day of work, i got a puzzled look and they were like oh, that's right, we hired an intern. they were super nice to me and without that experience, i would not have the same passion for social media as i do today. jack is super creative and an awesome engineer as well. it was great to meet them and learn from them very early on. emily: what you learn? learn thatom: you your first and you doesn't always work out. i learned at odeo, not at twitter. transition, ihe realized that often when you are a company, you need to put it into something else. we were working on a game called and that turned into instagram. emily: the first girlfriend was -- photo and instagram was of your girlfriends dog. that systrom: if i knew instagram would get to this place, i would have tried a little bit harder. wife.lfriend is now my she said she is not going to post photos and less -- unless they look great, so you should add filters. i did, and i added it to the

i don't think jack dorsey is weeping here in san francisco that he's not there. i do think they feel there's a lot of issues like repatriation of all mat money. billions and billions of dollars they want back in this country of income. there's all kinds of things they want so they have to cooperate. it's a republican administration, a republican congress, republican governorships everywhere. they have to reach out and cooperate with him. i don't think they had a choice to go. i just feel they could have been more firm given how powerful they are as people, how rich they are, how influential they are that they could have just said a few things, especially around immigration, and some other issues that are near and dear to the hearts of most of the workers of silicon valley. >> you think it was appropriate for the three older children to participate in this meeting? >> no. not at all. i mean, can you imagine, this is tim cook, ceo of apple, ceo of google, elon musk, a real visionary leader. these are serious businesses. sheryl sandberg. the children shouldn't be th

what is it like sharing a desk with jack dorsey? kevin: when i showed up for my first work at odio, i had this look of a -- oh, we hired an intern. they were super nice to me. without that experience, i wouldn't have the passion for social media i do today. jack, super creative and an awesome engineer as well. it was great to meet them and learn from them early on. emily: what did you learn from them? kevin: sometimes you first idea doesn't work out. the place became twitter, but i remember odeo not quite working. and then keeping in touch with jack as they made that transition and realizing that often when you are a company you need to pivot into something else. instagram had a similar history were we were working on a game could bourbon and it turned into instagram. emily: the first instagram photo was of your girlfriend's foot, but it is maybe the first filter that was even more consequential. kevin: had i known that would be the first photo on instagram and that instagram would get the place where there's 500 million people usin

emily: jack dorsey has not been shy about sharing his political views. a lot of these folks have not been shy. jack dorsey tweets his political views all the time. >> it is in their best interest to maintain a good relationship with donald trump. that is the biggest validation you can have, by having the president talk to the world through your platform, but at the same time, jack not being invited is not that big of a deal. it is about the companies that are really about job creation. when you think about what twitter contributes to the local economy, it is to a lesser extent than what you see from the guys in the room. emily: the tech community does not necessarily create a lot of jobs relative to the weighted that it the weight punches. amazon, microsoft, facebook google together account , for 600,000 jobs, while walmart counts for 1.5 million in the united states alone. apple has called for them to bring jobs back to the united states, but it is unlikely. a lot of it would be automated. i wonder if trump and these companies can find common ground. >>

jack dorsey was not there. that was because they were actually traveling. many investors entered the building. said she was looking ahead of the meeting. at the meeting trump actually struck a conciliatory tone. he said he was proud of the innovations of the sector he planned to work with and that he was there to help them. toe a listen to what he had say. >> i'm here to help you do well. you are doing well right now. about the bounce. everybody in this room has to like me at least a little bit. help.said he was there to joe: there were some complicated issues that affect tech companies. immigration is one. also for the hardware companies that have complex global supply chains, the ability to trade freely throughout the world is important for them. are these areas where they will find common ground? >> definitely. it's unclear if they got to those issues. on immigration trump has one-flopped on these h these is. you mentioned foreign trade. trump has said today that he was going to try to make deals easier but he has made many comments that have alarmed the

twitter ceo jack dorsey, the michael blogging social media site is thinking a lot about allowing tweet e iding, a form of edit was needed the comments come after dorcey asked for feedback on improving the service, twitter shares are down 29% this year. contract talks between charter communications and nbc universal reportedly now at impasse with less than 48 hours before contract expires. it could mean the loss of dozens of channels for more than 16 million customers, that mean no sunday night football. dagen: general cable may have violated 1977 born-corrupt practices act and must pay $82.3 million to the federal government in come guidelines with the investigation. general cable financial statements suggest the company may have had forei influence. general cable says they are committed to doing business ethically and has agreed to annual self-reporting for a period of three years. lauren: two days of millions will have increase minimum wage starting january 1st, many workers say the extra dollar 50 or so is going to make a huge difference in their lives, if you look at the businesses

on the jack dorsey note, it's interesting that kanye was invited. emily: and he came down for a photo op. the company has said he's traveling. however, he was named to the strategic and policy forum along with elon musk, along with the ibm ceo ginni rometty. this in addition to a number of leaders who are going to be advising trump on how the private sector thinks about these issues. is there anything more you can tell us about this particular meeting? reporter: i think it will be unclear how important uber's ceo are going to be to the strategic policy initiative. the people in that initiative are very wide ranging. be turning forll them to talk about the future classification of how technology together. hopefully this will be a very good line of communication moving forward, but no further details on that at this time. emily: bloomberg technology's selina wang live from trump tower. good to see you in person, james. together. still to come, net neutrality is one of the key policies that could be on the chopping block under president-elect trump. we

ceo jack dorsey will not be there despite donald trump's frequent use of the social media site. lauren: a strong gathers new media and a fight with old media over advertising dollars. more from blake irving. >> when you a news article, google and facebook profit from advertising. one group funds for newspapers to get a cut of the election. the alliance represents two dozen newspapers lobbying the trump administration to change copyright of course meant to force search aggregators to pay a period newspaper stories make up roughly two thirds of their content. the effort is backed by news corp. which shares the same owner. the electronic frontier foundation which defends the digital community says the current law is a basic tenet of a free press which includes the ability to report on what others are saying whether you have their permission or not. they also argue similar regulations overseas have backfired. back to you in new york. lauren: blake irving, thank you. nicole: to u.s. ambassador to the united nations lashing out at her counterpart about the situation in the love boat.

jack dorsey said the site is thinking about allowing tweet editing. a form of edit was needed. it came after asking users for feedback. twitter shares are down. >>> steph curry auctions off two pairs of shoes and raised $45,000. he wore one pair of shoes during a pregame work out that went for $15,000, a pair he wore during a game went for $31,000. all the money will go to a relief fund to help victims of the ghost warehouse fire and their families i'm a journey to a new life. >> i never expected to live in a car and have your family disown you. >>> in minutes a heartwarming and touching story of a cycle woman and her son. >> sanford card 23458 without their running back and quarterback injured in the 1st quarter. how they fared in the sun bowl. >>> a plane vanishes over lake erie. the search is underway. woman: college today. career tomorrow at the peralta colleges. sign up for classes today at one of our four colleges. berkeley city college, college of alameda, laney college and merritt college. classes start january 23rd. we have so many ways for you to get ahead. financial

coming up, twitter ceo jack dorsey gets feedback from his own followers. can anything be done to fix twitter? our traders will weigh in. >>> plus the one stock that bk says can be a grand slam next year. can he convince the rest of the desk to buy in? >>> the s&p 500 is up from its february low as we head into the final trading day of the year. a lot has changed in the last 12 months. bob pisani is here with more. >> reporter: hi, melissa. what is amazing is how wrong the sentiment has been overall this year. we started with a stomach-churning stop. everybody said we were heading for a recession. wrong on that one. brexit, everybody thought they would vote to stay, and if they voted to leave, it would be a disaster for the markets. wrong on both counts. then the election, trump was unlikely and if he won, volatility would go through the roof, wrong again, at least so far. ouch. what's next? two topics dominating the conversation. first, will the trump rally translate into more consumer spending? and second, how much will the expectations of a tax cut and f

jack dorsey has been running the company for over a year now. we'll see what kinds of new people he brings in. i think people are burnt out at twitter right now. >> it's also compensation season and twitter has been paying these executives handsomely in stock but the stock is down 22% this year. i'm wondering if the company has any plans to consider maybe just paying these executives in cash to get them to stick around because obviously paying them in stock isn't paying off. >> certainly. i mean, i think if you look at some of these departures, people brought in as part of acquisiti acquisitions, they are leaving because commitment to the company is over. they're not obligated to say. it's hard to compete for new talent here in silicon valley when you have the promise of a massive pay out to their employees. i think twitter will have to shift either more towards paying in cash or cash bonuses or whatever it is in order to retain and attract top talent in this very competitive hiring marketplace. >> twitter shares below the 200 day for the first

he thinks jack dorsey, ceo of twitter. jack dorsey thanked him for everything he has done. this comes just about a month after twitter's chief operating officer, adam bain, announced he is leaving the company. so certainly a lot of upheaval at the management level. jack dorsey, of course, has faced questions about the fact he's running two publicly traded companies, twitter as well as square. and, of course, twitter has been making many changes to the platform with the new focus on live to try to accelerate its user growth. kelly, back over to you. >> thank you, julia. has been in a position for a couple years. again, the narrative simply about executive departures. >> right. and the stock not moving, because it's not too far from a low. i think this is the story for a while now, right? dysfunction. product hasn't evolved very much. i don't think that necessarily changes the overall value, but right now the market -- >> i wonder if this makes them more of an m & a candidate. if you lose a lot of your bench and he gets spread too thin, i wonder if they're more willing to sel

one notable absence is jack dorsey. twilter is not bag company but it's insflu enchal. as we all know they use it all the time. as we understand, jack dorsey was not on the list. >>> the fed concludes its two-day interest rate meeting. we expect they'll raise rates. that's fairly unusual because it will only be the second time in ten years. the real question is will donald trump react to it? presidents generally don't react to fed changes. it's supposed to be an independent entity free of presidential pressure. question one, sam and laura, will trump react. question two, positively or negatively? he's criticized the fed for raising rates and not raises rates. >> question three, will we hear from him, quite likely. >> i'm sure it will be interesting to see. thank you very much. >>> the month of december always bridges out teams of volunteers. >> it's so nice. the family giving tree warehouse in san francisco once again loaded with gifts as they're ready to be wrapped and delivered to those in the need. tod today's in the bay is live at the warehouse to show us what's goi

emily: what about jack dorsey having two jobs? steve: i think it's easy to question. is clearly divided in the way jack's pens this time. as a shareholder, it would be reassuring to me if he was focused entirely on twitter. emily: what would you like to see? steve: i would like to see them focusing on things they need you from a cost structure standpoint. and open to opportunities to be independent. to make a sale, if that seems appropriate. joinedwhen you microsoft, you didn't get a single share. is that true? steve: it's complicated. i had a profit share. -- i didn't have a profit share. i had a stock option, it's on wikipedia. that has been the source of my ownership since then. emily: you still on a lot of the company today, something like 4%? steve: i own what i own. that's not something i disclosed. bill gates and paul allen have sold a bunch of their shares, but you hold onto your shares and you hold more than them. why do held onto them -- why did you held onto them that hold onto them? steve: because i believe in the company. the full recognition of the marke

dorsey and the aclu, the pardon snowden campaign has been trying to sway public opinion. but as the sun sets on the obama administration, the prospects of a pardon are dimming as well. >> if you had one minute to make your case face-to-face, to president obama, what would you say to convince him to pardon you? i would respectfully say to the president, i understand you have an incredibly difficult job. no one wants to be a whistle-blower. this is something that's hard to do. and this is america. when something goes wrong, don't we want somebody to stand up and say something about it? >> reporter: but after a two-year investigation of bipartisan congressional committee has determined the cost was too high. in a scathing report and letter to the white house, the group wrote, mr. snowden is not a patriot. he is not a whistle-blower. he is a criminal. but snowden insists the only thing damaged by his disclosures was the reputation of the intelligence community. >> these officials had had every opportunity to show evidence that harm came as a result. and they haven't. >> repor

yesterday jack dorsey spoke to snowden about cyber security, government surveillance, and recent election. snowden is still in hiding and says he believes he did nothing wrong by explosion classified documents. he warned anyone on a cell phone that the government is listening. >> if you pick up the phone and you dial the number, you are making a record in government's databases. >> he doesn't want to necessarily be seen as necessarily a great villain. he doesn't want to be seen as someone changing world events. >> snowden said he did not fear going to jail when donald trump takes office. >>> uber executives are denying claims of a privacy scandal. they're claiming uber employees are using data improperly to stalk certain riders particularly high-profile customers such as politicians or celebrities. there are also reports of employees following ex-spouses or lovers. the center for investigative reporting says they were resistant to security protections. now uber is denying the allegations claiming that employee access to personal data is very carefully limited. >>> 4:52 right now. one of t

. >> absent was twitter ceo jack dorsey. mr. trump is known for his heavy use of twitter. the president-elect confirmed he's nominated former texas governor rick perry to lead the department of energy. >>> the federal reserve decided today to raise interest rates. >> it is a vote of confidence in the economy. >> rates will move up by a quarter percent and fall between 0.5% and 0.75%. by comparison, they were above 5% in 2008. officials plan to raise rates three times next year. >>> how does a combination of 8 and 6 equal five? it becomes the fifth largest air line in america. >> how many aspects of air travel are not going to change after virgin and alaska team up. >> christmas coming early for children in the tender loin. >>> and cheryl jennings takes you on a journey to show what happens to these donated medical supplies from the bay area to peru. stay with us. >>> it's a marriage of equals for now. alaska airlines and virgin america are an item, but will continue to separate separately until they decide what the merger will look like. >> more on what it means for custom

plus jack dorsey on donald trump's tweeting. "squawk box" returns in just a moment. hey steve check out this guys leg. yeah looks like a real nasty moving back in with his parents. what? no. i just broke my leg. no, this is a full blown move in to the basement, you're gonna be out of work without that money from... aflac! you might miss your rent. aww i just moved out. bummer man. hey i used to have my own place. yeah? no, no i live with my mom, but it's cool. health can change but the life you love doesn't have to, keep your lifestyle healthy with... aflac! okay, so you launched your bank's app. now what? how will you keep up with the new demands of today's digital economy? the fact is: some believe they won't need a traditional bank down the road, so at cognizant, we're helping banking and financial services companies think digital, be untraditional, and reimagine what the bank of the future can be. our clients can now leverage customer intelligence to predict their financial needs and provide more contextualized products and services. we're creating new platforms

we'll tell you what ceo jack dorsey had to say when "fast money" returns. greg? oliday party, huh at least with directv from at&t, you can download then watch your dvr'ed shows anywhere. that makes you more powerful than your gene pool. i'll trade you the candy cane for the eggnog. deal. or aunt jaxie's lack of boundaries. or uncle terry's over-commitment to holiday cheer. pretty good hiding place, gotta say. say that to the nanny cam. it's your tv, take it with you. now you can watch your dvr anywhere, at no extra cost, with directv from at&t. generosity is its oyou can handle being a mom for half an hour. i'm in all the way. is that understood? i don't know what she's up to, but it's not good. can't the world be my noodles and butter? get your mind out of the gutter. mornings are for coffee and contemplation. that was a really profound observation. you got a mean case of the detox blues. don't start a war you know you're going to lose. finally you can now find all of netflix in the same place as all your other entertainment. on xfinity x1. >>> i think i am very

twitter ceo jack dorsey says it's fascinating, and good for twitter, but is it good for america? jack dorsey, ceo, square and twitter: "we're definitely entering a new world where everything is on the surface and we can all see it in real time and we can have conversations about it. so, where does that go? i'm not really sure." an interesting contrast could be president obama. the only time we know for sure he has posted a tweet on his own is if he signs it with his initials. "b-o" president obama has ordered a full review of russia's hacking during the presidential campaign. u-s officials have accused russia of trying to interfere with last month's election by hacking into democratic officials' email accounts. many democrats believe the embarrassing disclosures in those emails stolen from hilary clinton's campaign aide's account benefited donald trump. the review is expected to wrap up before the january 20th inauguration. three out of four registered california voters cast a ballot in the november election that's the highest rate of participation since the 2008 presidential ele

. >> absent was twitter ceo jack dorsey. mr. trump is known for his heavy use of twitter. the president-elect confirmed he's nominated former texas governor rick perry to lead the department of energy. >>> the federal reserve decided today to raise interest rates. >> it is a vote of confidence in the economy. >> rates will move up by a quarter percent and fall between 0.5% and 0.75%. by comparison, they were above 5% in 2008. officials plan to raise rates three times next year. >>> how does a combination of 8 and 6 equal five? it becomes the fifth largest air line in america. >> how many aspects of air travel are not going to change after virgin and alaska team up. >> christmas coming early for children in the tender loin. >>> and cheryl jennings takes you on a journey to show what happens to these donated medical supplies from the bay area to peru. stay with us. keeping the power lines clear,my job to protect public safety, while also protecting the environment. the natural world is a beautiful thing, the work that we do helps us protect it. public education is definitely

kevin systrom turned down a job for mark zuckerberg in college, shared a desk with jack dorsey intern with what would become twitter and in 2010, launched instagram as we know it. two years later, he agreed to

emily: what about jack dorsey having his two jobs? do you think that is a good setup? steve: i think it's easy to question. people like me would like more out of twitter. the ceo is clearly divided in the way jack spends his time, as a shareholder, it would be reassuring if he was entirely focused on twitter. emily: what would you like to see? steve i would like to see them : work on the things they need to do from a product and cost structure standpoint and be open -- always open -- to opportunities, to be independent, and to make a sale of that seems appropriate. -- -- if that seems appropriate. emily: when you joined microsoft, you didn't get a single share. is that true? steve: that's complicated. i had a profit share. i never had a stock option. it's written on wikipedia that i made money on stock options. never had any. i had three quarters of the company and that's been the source of my ownership. emily: and you still own like 4% of the company? steve: i still own what i own. that is not a thing i disclose. with the stock at 60, you have to consider how good a j

twitter ceo jack dorsey says his company hag working on an edit function and a form of edit is needed and the function would probably involve a time limit window after the tweet was sent. >>> taco bell has started serving french fries in the united states. so far this appears to be a test available at only one location in california. the fries could be served as is or loaded with nacho toppings. the loaded fries are a popular item at taco bell restaurants overseas. suddenly, i am hungry. >> me too. jill wagner at the new york stock exchange, thanks a lot, jill. >>> still ahead, look before you celebrate. hornets star kemba walker is dancing a little too soon after a three-pointer. but when we brought our daughter home, that was it. now i have nicoderm cq. the nicoderm cq patch with unique extended release technology helps prevent your urge to smoke all day. it's the best thing that ever happened to me. every great why needs a great how. >>> here's a look at today's forecast in some cities around the country. ♪ celebrate good times >>> the moral of this story, if you plan to celebrat

perhaps jack dorsey will show up tomorrow. it is clear that twitter has been integral to donald trump. >> the invitation is in the mail. >>> we have 35 minutes to go in the session. keeping an eye on markets in rally mode. the dow is up 118. nasdaq is up 59. broad market s&p is up 15. >> apple get ag boost along with the rest of the market as tech giant starts selling air pod wireless head phones. >> and later a big rally and the big deal today. share holders approved the merger. will the trump administration? ceo gives us his take in the next hour of the show. they are the natural borns enemy of the way things are. yes, ideas are scary, and messy and fragile. but under the proper care, they become something beautiful. >>> welcome back. one of the best performers in the dow today which is up 118 points and 80 points shy of 20,000 is apple. rising along with the rest of the market and starting to sell its air pod wireless head phones today after nearly two-month delay. for now customers can order online for $159. they will be a

jack dorsey taking to his twitter account asking users hat the company can improve or create in 2017. the top request was an edit button. others included a bookmark button and better safety options for online bullies. unlike other holidays, americans may not spend quite as 34u67 on new year's eve. 80% will spend less than $200. while 100 million americans will travel, the vast majority will drive to their celebrations. a third of people want to pay down debt and save more money. sam and kira, back over to you. >> sounds like a good plan. >> less romantic and more practical. landon dowdy, thank you very much. >>> happening right now, volunteers are putting the finishing touches on the floats for the tournament of roses parade. hundreds are working near the rose bowl stadium to perfect every last detail on the dozens of floats on display. you can see people painting flowers, sprinkling glitter. bringing characters like dorie and friends to life. the 128th tournament of roses parade will be monday, january 2nd, right here on nbc bay area. we'll have coverage starting at 4:30 a.m. as peop

jack dorsey and mark zuckerberg have both seen their accounts hacked, as were jeep and burger king's accounts back in 2013. and when the a.p.'s twitter account was hacked in 2013, alleging an attack on the white house, it moved the stock market by $136 billion. twitter tells me it has protocols in place for verified accounts, such as trump's, working to make sure the tweerts implement account safety. encouraging them to embrace best practices, like two-factor authentication. the company's role is simply to take steps and provide an open platform. >> i think we have to look at it not as information, but as, you know, what this man is saying, and people are going to have to decide for themselves, based on educating themselves in a lot of different ways. >> reporter: and we'll see mr. trump changes his approach on twitter once inaugurated. i'm julia boorstin in leanings. >>> here's another look at the market's november gains. the dow with the biggest pririsf more than 5%. that does it for "nightly business report" tonight. i'm sue herera. thanks for watching. we want to remind you, this

jack dorsey spoke with cyber security, government surveillance and the recent election. snoed snowden insists he did nothing wrong by exposing classified documents a couple years ago. he warned anyone on a cell phone, though, that the government is listening. >> if you pick up the phone and you dial the number, you are making records of government. >> he doesn't want to necessarily be seen as some great villain. he doesn't want to be seen as someone changing world events. >> there have been rumors snowden may get a pardon but scott budman tells us the less than flattering things snowden had to say about mr. trump today. that story in about ten minutes. >> reporter: one plan to build a stadium in oakland is picking up steam. i'm jodi hernandez at oakland city hall, where the raider nation has reason to be hopeful. >>> that's something money can't buy, is making that particular wish come true. >> a young woman's wish that has an entire high school coming together. tonight's bay area proud. >>> i'm meteorologist jeff ranieri. we are tracking that storm system for thursday.

was not there, jack dorsey twitter, something to consider. rishaad: anyway, let's get to the trading day. session: not a great for asian markets, taking that lead from the s&p 500, janet yellen probably more hawkish in terms of 2017 projections than many had been expecting, particularly when you look at plot, so the momentum eased in terms of equities, and weakness in all asian markets, except

noticeably missing from the meeting was twitter ceo jack dorsey who was not invited. tech expert russell hancock is head of joint venture silicon valley. >> there's irony there. on the other hand, you can't fit all of tech around a small table in a conference room in manhattan and let's remember twitter actually is not a profitable company unlike the other companies that were around the table. >> reporter: there's been bad blood between twitter and the trump team. during his campaign trump officials wanted the company to create a custom emoji to go with his nickname for hillary clinton crooked hillary, but the company did not agree, though there is no proof that this had anything to do with twitter's absence today. in san jose betty yu, kpix5 news. today: >>> tonight governor jerry brown getting fired up to battle donald trump on climate change policies. today he spoke before thousands of scientists in san francisco at the american geophysical june conference. while donald trump has sent mix -- -- mixed signals. >> whatever washington thinks they're doing, california

kevin systrom turned out a job for mark zuckerberg in college, shared a desk with jack dorsey as an intern with what became twitter and in 2010, launched instagram as we know it. just two years later, he reunited with zuckerberg and made silicon valley history, agreeing to sell instagram to facebook for $1 billion. the company had just 13 employees and just 30 million users.

now, one leader not at the meeting, jack dorsey. the ceo of twitter. people who did attend the meeting did not stop to be interviewed by the press but we'll be back at 6:30 with more on the gulf between silicon valley and the trump administration. melissa caen, kpix 5. >>> governor brown ready to fight back against donald trump on climate change. today he was in san francisco for the largest earth and space science meeting in the world! while donald trump has sent some mixed signals on environmental issues, governor brown says california is ready to lead the way. >> we have the laws. we have the tools to enforce them and we have the political will and we will set the stage. we'll set the example and whatever washington thinks they're doing, california is the future!! >> governor brown wants to reduce emissions standards with a goal of 50% renewable energy use by 2030. >>> our phil matier will explain who would have the upper hand in a climate change policy fight between the feds and the states. that's coming up at 6:00. >>> a man is behind bars after t

noticeably missing from the meeting was twitter's ceo jack dorsey who was not invited. tech expert russell hancock is head of joint venture silicon valley. >> there's irony there. on the other hand, you can't fit all of tech around a small table in a conference room in manhattan. and let's remember, twitter is not a profitable company. unlike the other companies that were around the table. >> reporter: there's been bad blood between twitter and the trump team. during his campaign, trump officials wanted the company to create a custom emoji to go with his nickname for hillary clinton, "crooked hillary." but the company did not agree. there is no proof that this had anything to do with twitter's absence today. in san jose, betty yu, kpix 5. >> and a lot of money came through the doors of trump tower. the executives who attended the tech summit are worth a combined $3 trillion. they would be the fifth largest company in the world. the "washington post" reports elon musk and uber's travis kalanik will serve as advisers. >>> "covered california" is giving people a couple ext

ceo jack dorsey taking to his twitter account yesterday asking users what the company can improve or create in 2017. responses flooded in the top request was for an edit button. others included a bookmark button and better safety and reporting of options for on-line bullies. unlike other holidays americans may not spend as much on new year's eve. 83% of people will spend less than $200 and 100 million americans will travel the vast majority will drive to their new year's celebration. among the top resolutions a third want to pay down debt and save more. meanwhile on wall street the final trading day of the year in the green. futures are higher this morning but the dow will need a nice rally to get to the 20,000 mark before we close out the year. stocks falling yesterday. still a positive year fort markets overall with the dow up 13%. the nsa asdaq 10% and the s&p 5008%. the top sector of 2016 energy on pace for its best year since 2007 thanks to a 45% surge in oil prices. katy, back over to you. >> thank you, landon. >>> all morning long we are getting you ready for new year's eve fr

ask jack dorsey. anything can happen. ceo of twitter. >> right. but for those who believe in the free market. >> right. >> and the ability of corporations to do everything they can to make as much money as they can within the boundaries of the law, is that landscape changing for them? >> i think it is. >> not by the fact they're going to break the law, but by the fact they're not going to be allowed to operate in a free market. >> look, yesterday we had jamie dimon and bryan moynihan saying, how's -- trading is up, we're going to get regulation -- it's industry by industry. president obama didn't like the auto company. didn't really care for the banks. here we have a president who is basically giving a green light according to all these guys they'll be able to get special dividends, be able to raise the rate, take control of their own destiny. so it's industry by industry. there was a number last night that came out, dave & buster's. i don't know if you've ever been, eat, play, fun. but there was a note this morning talking about how this may be t