oracle can see that. in the sense of baker versus selden it teaches that if you have a copyrighted work, and it shows the public how to do something, then the public can do it. if they can only do it using part of the copyrighted work, that part does not get copyright protection. justice kavanaugh: one of the points and some of the amicus complement i want to the amicus briefing of the parties which have been , enormously helpful, of the 83 computer scientists is that the sky will fall if we rule against you in this case. it will threaten significant disruption. one question i had about that is the federal circuit ruled on the first issue. i am not aware the sky has fallen in the last five or six years with that ruling. i know it is different if we rule here, but can you respond to that? mr. goldstein: absolutely. after the copyrighted ruling it was entirely open that we would prevail on fair use and we did. that went to the federal circuit. when the federal circuit ruled against us the court granted sear

this time it is oracle moving to texas. why so many local businesses are leaving california. the man known as the zodiac killer and the mystery message he wrote five decades ago has squlu been solved. we'll have the story. >> dry ice becomes a hot commodity. it's critical in the delivery of a covid-19 vaccine. you'll meet the bay area company ready to save lives. plus viewers tell us what they need to know about the vaccine. for those questions, we have the answers. >> with that, we say good evening. >> we begin with one of silicon valley's largest tech companies leaving the bay air as leslie brinkley explains, it is the latest company to relocate to texas and beyond. >> fore cal's stunning announcement that it was pulling up stakes in silicon valley and is moving to austin, texas. >> certainly the pandemic has had an effect on convincing companies that it's time to make a move. >> oracle released a statement saying we movie these moves best position oracle for both are and provide our personnel with more flexibility about where and how they work. >> have the tech skills, the

our nbc bay area skyranger over oracle headquarters this afternoon. oracle says it's doing this to give its employees more flexibility on where they do their jobs. also presumably to save money. cost of living and doing business in texas, much cheaper than here in the bay area. oracle says it will still have offices here in the bay area among many other u.s. locations. well, oracle is not the only one. among the many companies relocating to the lone star state, h.p. enterprises going from san jose to spring, texas. that's just outside of houston. the company will move into a new state of the art building that's currently under construction. financial services company charles schaub going from san francisco to dallas. the move comes after charles schwab acquired td ameritrade. mckesson also going to texas. they moved its headquarters last year from san francisco to irving, which is just outside of dallas. >>> well, still ahead, a cipher sent by the zodiac killer finally cracked. how it was solved decades later and what it says. >>> they're fighting to

oracle is picking up its headquarters and moving to texas. crab season is on. when the crab will come ashore. >> our dry weather stretch is over. the weather pattern will change forecast. machine . >>> late today the california department of fish and wildlife said crab season could open december 23. that will get crab on the table before christmas. it was 30ed because whales were migrating. whale entanglement risk exists but it is low. >>> another giant is moving out of state. oracle is leaving for austin, texas. >> reporter: business advocates said the move is a threat to california economy. bay area employers have optioned when it comes to where their businesses can be located. the headquarterses have been present in redwood city. but it is moving to austin, texas. the move means many employees can choose their office location. >> it's very disappointing to learn that a company like oracle is moving to texas. >> jim says oracle is only the latest to move out of state. he expects more. working from home is now the norm. >> the bay area and california don't mea

. >>> ahead, oracle is pulling up stakes in silicon value. it is moving to texas. >> a minute era knocked over and damaged outside of the city hall. today's ways of working may work differently tomorrow. but you can work out anything with comcast business. get fast, reliable, and secure internet on the nation's largest gig speed network. flexible tools - like wi-fi you control. voice solutions that connect you from anywhere. and expert advice here, here, or even here. be fast. be flexible. bounce forward with comcast business. get started with a powerful internet and voice solution for just $64.90 a month. plus, for a limited time, ask how to get a $500 prepaid card when you upgrade. switch today. moving. the pandemic has shown employers they have optioned. >> oracle's headquarters has been a visible presence. on friday the company is moving to austin, texas. the move means many employees can choose their office loycation and continue to work from him. >>> oracle is only the latest to move out of state. he expects more to join the exodus. wor

. >> oracle is moving headquarters but will the company's bay area employees be moving out, too? >>> the bay area's 11 counties saw the icu capacity drop to 6.7% today. if it hits 15%, that would trigger a stay-at-home order. california set more records today. the number of people hospitalized topped 12,000 with 2700 in icu. both are single day highs. more than 35,000 people were diagnosed with covid-19 also a record. los angeles county alone had nearly 14,000 cases. in sonoma county intensive care capacity remains above 15% at it three hospitals but still a shelter in place order begins there tonight at midnight. as abc 7 news reporter wayne freedman tells us, the order is similar to other co-untunties a the predictable mix of reactions. >> reporter: the sign reads you belong here but in these covid times what we read and believe don't always match. with sonoma county closing down again, exasperation rings. >> it like an evolving door. >> reporter: sam williamson and hiss ph his family own a winery. as of midnight they must stop tastings until january. >> that's why we're here.

oracle joining that parade along with hewlett-packard. of course we know tesla's ceo elon musk moving to texas. oracle says that the move is not to force workers to live in that expensive bay area but others are blaming california's outrage just taxations. there is a lot of reasons for it. susan li helps us hash them all out. susan. reporter: definitely accelerating trend out of silicon valley. one of the biggest companies in the world, oracle, heading to austin, texas, from redwood city, california. officially in their sec filing depending on their role many of our employees can choose their office location as well as continue to work from home part time or all the time which is also headline making. oracle joining tesla and elon musk moving to the lone star state. i should point out we do have oracle's billionaire founder larry he will sisson of tesla's board. hewlett-packard enterprise is heading up to houston instead. at&t, charles schwab, pod cast star joe rogan moving to texas. oracle says it is a more of a remote work trend you hav

oracle employees tweeted, yeah, they've got this. wall street investors catching the rollout of vaccines. in the past hour the first public data on the moderna vaccine. this is an mrna but requires just one shot. the word is the fda will give emergency approval after an independent panel vote on thursday. pinterest in san francisco going to make a single largest payout in sexual discrimination history admitting no guilt, though. it will pay its former chief operating officer $22.5 million after she said she was fired for asking for equal pay. twitter will have to pay half a million for violating gdpr, the new rules in europe protecting people's data and privacy. that's a tiny fine. you can't even buy a house for half a million dollars most places. it is a first for other silicon valley companies would be smart to pay attention this morning. >>> disney has been putting little digital masks on people, roller coaster riders, who either weren't wearing a mask or it slipped off while riding. the pictures they take on the rides, disney has

your take on oracle? >> it is not particularly exciting when you see that license revenue disappointing and see low single digits, stock up less than the s&p 500 on the year, much less than the nasdaq, you would say why are he thinking of spending $10 billion. why would they spend cash -- they have $40 billion in cash -- why would they get involved in the tiktok deal. get involved in a company like tanium, 90% gross margins. they need to layer on to other services to cross sell that's where i would be focused. >> coming up, snap and twitter a win-win. >>> and should you book this name in yourorol ptfio that and much more when "fast money" returns our retirement plan with voya gives us confidence. they help us with achievable steps along the way... so we can spend a bit today, knowing we're prepared for tomorrow. wow dad, do you think you overdid it maybe? i don't think so...what do you think, peanut? nope. honey, do you think we overdid it? overdid what? see? we don't think so, son. technically, grandpare

oracle is move to texas. why company leaders say it is time to go. >> part of lake tahoe is locking down as covid cases rise. will bay area tourists listen? >> and as part of our efforts to build a better bay area, we are highlighting museums. tonight we will show you despite being closed to guests, innovation never has stopped in san jose. >> first, here is a look at what is coming up live on jimmy kimmel after abc 7 news at 11. >> join us for obama time. have they read the book? >> they have not. you are never a prophet in your own land. their attitude is that we have better things to do. >>> another bay area tech company is moving headquarters out of state. oracle is going to austin, texas from redwood shores. redwood shores will remain one of the company's major hubs. oracle believes the move best positions the company for growth and provides employees with more flexibility. with where and how they work. last week hewlett-packard announced they were moving headquarters to texas. >> many are finding ways t

oracle will save some money moving. as we told you last week, hult pack ard is making the same move to texas. for the same reason. also political reasons here. oracle founder and ceo both supported president trump. and are a bet out of step with bay area politics. that reason was given. when that software company moved its headquarters to denver. tesla ceo moving from california to texas. and you have several reasons for california to take a close look at how it does business. now some good news in today's news. oracle has been telling employees they can work from home as long as they'd like. and return to any office they'd like when they come back. it's unlikely we'll see a lot of bay area employees leave. and that's good news for the local economy. >> as we move forward you cover this intensely on a daily. i'm presuming other companies will start to follow suit. or continue to follow suit. has the governor discussed this with the companies? what needs to be done here to keep you in town? >> it's a great question. it's

oracle has broken to the upside. $72 price target oracle is starting to figure it out. palantir is tim's because it is the next oil and expedia, people want to travel people have traded well lately i think it will trade as high as next october there is your hope trade, mel. >> tim, do you have a comment on the hope trade >> i love the fact you are so optimistic and hopeful, but i am trying to understand other than oracle is the "o" in hope -- >> since you ask, i will give you the answer everybody thinks home depot is benefiting from the stay at home world. that's maybe true. but people will flocked back to home depot after this is over. they have embraced it. oracle, the last quarter was excellent. palantir people have talked about for years before going public that's hopeful and expedia speaks for itself. people want to get out and travel folks are pent up. so despite what you say, tim, it makes sense. >> to you it makes sense it is a good grouping. >> james, what is your acronym >> i have to take everybody back to school. you make money, buy low and buy high vvu. we a

i think oracle is a good example of this. in their announcement, basically they explained this is going to be a multi-step process where frankly, on day one, won't mean anything for employees. they will continue to work there in california or wherever it is they're working. but i can tell you, in the case of oracle, already a lot of people are working remotely and secondly, there are a lot of salespeople sprinkled around the country so where is headquarters? it really doesn't matter that much. i think larry ellison is also, he stated publicly, he's tired of the intolerance of the place. the regulations, the government, the governor himself, these are people who have frankly overstepped the bounds. neil: yeah. what is that old line? we don't need a thank you but we certainly don't think we deserve a screw you. but it's weird times, bob. i hope you have a wonderful holiday, my friend. be safe and be healthy. thank you very much for weighing in on this. crazy times, bob. crazy times. >> thank you very much, neil. same to you. ne

oracle works in redwood city. their boss is going to work in austin. their boss' boss is going to work in hawaii. who would you put your money on? >>> wall street investors watching the rollout of vaccines minutes ago we got word of the latest data from moderna showing, indeed, it all works very well and we expect the fda to approve moderna friday. >>> progress on a new relief bill. the two sides decided to put everything they like in one bill and everything they disagree on in another. pinterest going to make the single largest payout in a sexual discrimination case in american history. it will pay $22.5 million to its former chief operating officer. twitter will have to pay half a million for violating gdpr, the new rules in europe protecting people's data and privacy. it's a tiny fine. you can't buy a house for half a million dollars in most places. it's a first for the gdpr and other silicon valley companies would be smart to pay attention this morning. >>> and disney has been pasting little digital masks on roller coaster riders who either weren't

oracle is move to texas. why company leaders say it is time to go. >> part of lake tahoe is locking down as covid cases rise. will bay area tourists listen? >> and as part of our efforts to build a better bay area, we are highlighting museums. tonight we will show you despite being closed to guests, innovation never has stopped in san jose. >> first, here is a look at what is coming up live on jimmy kimmel after abc 7 news at 11. >> join us for obama time. have they read the book? >> they have not. you are never a prophet in your own land. their attitude is that we have better things to do. people are saving hundreds on the most reliable in a land not so far away, network with xfinity mobile. they can choose from the latest phones or bring their own. and choose the data option that's right for them. they even get nationwide 5g at no extra cost. and since they are on the carrier rated #1 in customer satisfation, they live happily ever after. again, again! xfinity mobile. your wireless. your rules. your way to

orac oracle, which i like much better is in the same vain. legacy tech. unsexy stock but at least they have businesses growing super fast that could make the stock go up for fundamental reasons. >> dan, to round things off clearly there is a big shift in the theme of your top five picks for 2021 fired to 2020 as we have been discussing are you also outrate bearish on the nasdaq or the big tech outperformers of this past year? do you expect them to pull back 10%, 20% >> i think if you have a view that stimulus has driven the market, we wrote some of the stuff on dan niles.com so there is a lot of detail there for investors if they want to look at that. if you believe inflation is going to be an issue next year and rates are going to go up and given money supply is up 25% year over year -- if all of that stuff starts the become more problematic, then you have to believe multiples compress so, yes, i'm definitely on the more cautious side i am definitely thinking, where can i find value in tech, which is why oracle is in there, for example. yeah, i am a lot

oracle says it is moving its headquarters from redwood city to austin. oracle says the change will allow employees to choose their office location as well as continue to work from home. the company will use the red bluff location as their hub. and just last week hewlette packered announced it's moving its headquarters from san jose to houston. >>> stocks were mostly lower today. the dow was up 47 on a strong day for disney shares which hit a record high. the nasdaq was up 27 and the s & p lost four points. financial, technology and health care companies were on the downside today. >>> then to washington where the house and senate have announced the government shutdown. as ray bogen tells us there's been no progress on a coronavirus relief bill. >> all in favor say aye. >> aye. >> temporary government funding has been approved in congress. but it's only for a week. lawmakers need to come up with a deal for the entire fiscal year before it was made official, a conservative and a progressive teamed up to let it be known they are not happy it didn't include

behind me is oracle, the glass towers of oracle, sort of an iconic sight in silicon valley making business software here, they were founded 34 years ago in california, but it's not the headquarters anymore as of this month, the headquarters is in austin, texas. yeah, that's got to hurt this place has been synonymous with technology almost since william hewlet and david packard started their electronics business in a palo alto garage in the '30s. now a spinoff of that very company, hewlett-packard enterprise, is moving its headquarters out of california to texas, 1 of 15 companies moving their headquarters there from california in 2020, according to one texas economic development group. that's up 36% from last year, including some household names other california companies are expanding in texas in a pandemic, where many workers are finding they can do their jobs from anywhere, companies are finding new flexibility, too >> the pandemic has taught us a lot of things, and those are changes that are going to be permanent lasting. >> reporter: in silicon valley, they're trying to put a brave fa

a lot. >> governor abbott, thanks for your time. >> take care >> governor abbott on this news that oracle is moving its headquarters to texas. >> one i like to play ag inflation. >> james >> bit wise. the smartest and safest ways to participate in a blue market run by the smartest indexer i have ever met that is my final trade >> steve >> stocks that can double, but i think this can triple. bft. have a nice weekend. >> thanks for watching stick around, "options action" is up next i felt like... ...i was just fighting an uphill battle in my career. so when i heard about the applied digital skills courses, i'm thinking i can become more marketable. you don't need to be a computer expert to be great at this. these are skills lots of people can learn. i feel hopeful about the future now. ♪ hey, son! no dad, it's a video call. you got to move the phone in front of you like... like it's a mirror, dad. you know? alright, okay. how's that? is that how you hold a mirror? [ding] power e*trade gives you an award-winning mobile app with powerful, easy-to-use tools and interactive charts to give you

you mentioned elon musk and now oracle is moving as well. the signs are very clear. california is driving businesses away, they are still heavily- dependent on the valley but they continue this adverse atmosphere creating high housing prices, destroying their water resources, bad fire management and the like, and by golly, california should be eutopia is becoming an economic waste land, talk about paradise loss that's california and new york had better take notice they are already making noise about raising taxes even if they get a federal bail out. when will they wake up, create a bad atmosphere, people are going to go, hello. connell: we've had this conversation for years and you're right to bring up new york because we talk about it with both of those states, technology in california, financial services i guess is your best example in new york the wall street firms as well, they will never leave, people need to be here, they need to be near each other maybe we've learned from the pandemic that that's not necessarily always the case, but when it comes to technology

oracle is moving from redwood city to austin, texas. chopper five flew over its redwood city headquarters today. the companies that the move will give employees more flexibility. oracle joins a growing number of companies making an exodus from the bay area. and just last week we have learned to at packard enterprises is relocating its headquarters from san jose to houston, texas. with the ship to remote work, many companies a question the high cost of living in the bay area, and the states hefty taxes. >>> california's first democratic state to join a national fight against google. the state joined the department of justice and 11 republican attorneys general in an antitrust lawsuit. it claims google has unlawfully maintained a monopoly in online general search by depriving rivals of key distribution channels. several other states have said that they are continuing to investigate google separately. >>> dianne feinstein is defending her service in the senate after a new yorker article raised questions about her ability to do her job. how

oracle has been in bay area for decades. his name was on the former oracle arena and now the giants ballpark. >>> we didn't get it for thanksgiving, but we might get it for christmas. the department of fish and wildlife says the commercial season can finally start on december 23rd. it was supposed to open in november, but got delayed twice, once from whales migrating off the coast, and another. it looks like it will be a go just in time for the holidays. >>> a big step this morning towards restoring a watershed for endangered. down to the 1920s to make a swimming pool which cut off. found nearly a century later, the conversation group is removing that dam. the process was much more than they had bargained for. it took nearly two weeks of work for heavy machinery to reach the old dam. the time lapse video shows it didn't take long to rip it out. >> we literally had to remove a hundred years worth of sediment that had built up behind the dam. so millions and millions and hundreds of millions of pounds of sediment taken out of

oracle, broad com, costco and lululemon. we will break down awful those numbers as soon as they are released let's talk about the markets stephanie link with hightower still with us. mike santoli we will go to you first. >> the market is absorbing the rush of new equity supplies in various ways n the oipz, the secondary offerings, we are expecting turnover with the index rebalance next week but it has down shifted the s&p's first trade this month was 3662. now it is 3668 we are up 3% from the peak on september 2nd. we have kind of gone sideways, consolidated and corrected a little bit also contending with a little bit of stretch sentiment all of that stuff is combining to keep the market a little bit trapped at the index level, meanwhile people get really excited about the buzzy new stock day. >> steph, do you think the dollar weakness we have seen of late will continue how does it inform how you allocate your money into equities >> yeah, i have been focused a lot on the dollar. and the dxy is down about 6% year to date that

>>among many leon panetta is also a board member at oracle. >>another company that recently chose to leave the bay doctor panetta, thanks for joining us tonight ever. mister panetta mister we all know it's expensive to live in california to do business in california, but it's been expensive here for many many years so why suddenly are we seeing some big giant companies leaving the bay area. >>well has really been like all of you in a in a major way particularly during 2020. not just with the covid-19 obviously a very deep recession. impact on our economy we've lost almost 2 million jobs. it's certainly on our minority asians blacks of what he knows have been impacted almost 25% unemployment but if you add to that climate change wildfires power outages. congestion housing. high taxes and a high cost living. then you can imagine why boards and ceos and companies are beginning to look other areas in order to try to find relief. >>well, you certainly just listed the reasons that companies are leaving a lot of individuals are also moving for some o

, oracle went public in 1986 off of trailing revenues of $12 million. siebel went public in 1996 off of trailing revenues of i think $8 million today we see companies where trailing revenues are an order of magnitude larger than that. it's an entirely different game and these companies are generating cash. these are companies like c3 ai that i believe is a structurally profitable business, and we didn't have -- we didn't have the activity of, you know, monetary policy like we do today that clearly changes everything. >> hey, tom. it's deirdre i just want to note that the indicated range now is $81 to $84 per share. as you talk about the differences, something else that we spent a lot of time talking about this year that has been different is sort of the role of the younger retail so-called robinhood investors that are very interested in next generation technologies like artificial intelligence. how do you see them playing into the value proposition, sort of the share price going forward? >> you know, it's a phenomenon that i don't understand this new ki

his company oracle announced it's moving from redwood city to texas. he bought the island of lanai in 2012 and owns most of the island, from the resorts to the newspaper. he still has a sprawling home in woodside, pacific heights, lake tahoe, and malibu. >>> for more than 150 years, san francisco's famous cliff house has wowed diners, tourists, and locals alike with its dramatic views, me included. it survived fires, wars, even the 1918 pandemic. but covid could be the game-changer. yesterday the couple that's operated the restaurant for decades said they can't reopen. they say the national park service told them the landmark st 's day as a restaurant are over. the park service says it will reopen to the public sometime after the pandemic. >>> making it in the bay, always in need but never like this. today sacred heart community service hild its annual gift card event for families in need. due to the pandemic this year, the event is a drive-through. organizers say the need is overwhelming. resources are scarce. volunteers were unable to help out this y

no sooner had i gotten the nobel peace prize than then i became that oracle. everything i have said before was now received with something like all. no other award was followed by just about every country in the world. in every newspaper and television network. however they were corrupt at it. with the nobel institutes. it has not become renowned because of that committee awards the red cross and nelson mandela rather because of its controversial choices. the controversial choices are fine as long as the committee executors allows the last well to the instructions. the prize committee to select two champions to act as role models for the rest of us. maybe it is a risky business. first that committee choices may not be everybody's cup of tea or have the most convenient political lead. the committee cannot predict how a will behaved in the aftermath. what if it doesn't turn out to be the beacon of hope and inspiration. courage a conviction at the choices. history will reflect back on them and their choices. and make it all the more vital that it researched the c

oracle and walmart are moving in opposite directions with oracle down 1%, walmart up 1% and speaking of u.s. versus china battles, is the trade war with china no more? what's happening with that? wall street apparently anticipating a thaw in chilly relations between the two countries as president trump and his administration's hawkish policies head for the exits. to charlie gasparino. charlie, what are you hearing? charlie: yeah, very interesting situation, as you saw today, the news about goldman sachs seeking to have a 100% ownership of a subsidiary in china. that would fly in the face of a lot of what we have been reading between the trump administration and its belligerence towards china, chinese stealing intellectual property from u.s. companies. you would think corporate america was still at war with china. the interesting thing is they are not. i have been talking to some of the executives at the big firms, it's not just goldman sachs that's going to be seeking 100% ownership of a subsidiary in china. it's jpmorgan, it's morgan stanley, it's every major bank, every major inves

hpe, oracle, long in tooth to say the least. furthermore, already had significant operations in the places they're going. so i'm not denying there is problems but i think because we like to make a big deal out of things we're probably making a big deal out of this. connell: yeah. elon musk likes to make headlines. he made some as well. the argument for northern california, most of these companies, oracle, is good example, when they announced on friday, they didn't leave. they changed the address on their corporate headquarters. they're staying there. the arguement pays off, make the same for banks and financial services the talent is no new york. is the talent still in california? >> overwhelmingly. that is not to say you can't build a good company a good tech company in new york city or austin or utah. they can be built and have been built. the overwhelming majority. the overwhelming majority of the tech companies that matter were built in northern california between san jose and san francisco. continue to be built. the overwhe

companies that are not real there are real genuine companies like you know mosque larry ellison built oracle and that survived the 1st dot com crash well all of these people aren't out that texas as happens they're calling it the texas they're all abandoning the the embodiment of rachel maddow and m s n b c their message they're in bandon in california and silicon valley the cultural woke silicon valley california texas tech companies billionaires millionaires tech employees flee san francisco and silicon valley we've reported on oracle we reported on tesla leaving also schwab is leaving they've abandoned it and moved to texas as well we saw macy's which has apparently you know they're pretty big online they had all they had over a 1000 employees in san francisco and they've just fired them on they're moving everything to atlanta so they're all abandoning the the like pure essence and embodiment of rachel maddow they're benton and they're saying this is not like we're somewhere we want to live so that is like the reality of her vision versus where they're going where they're fleeing to are t

oracle says sales jumped 33% last quarter. most employees at apple will not return to the office until june, the word from tim cook. has had success during the pandemic and it could lead to more working remotely. way aroundas found a his old firms demand for returning more than $10 million, he is giving the money back to charity. that is the bloomberg is this flash. francine: thank you so much. as we track the virus, bloomberg has developed a unique partnership with johns hopkins. every day we bring insight from experts in public health experts and emergency preparedness. joining me today is andrew kosz. why are some people still -- questioning mask wearing? dr. pekosz: sisi guidelines suggest we should be wearing masks even at the work place. i am currently at work and i am wearing my mask. we've seen record number of cases the week after thanksgiving, two weeks after big skimming and that we are seeing record numbers of deaths here in the united states, things we knew were going to happen and things we know how to prevent. n

it's a beautiful room the proportions are good natured greece is here oracle terra cotta the great philosophers. but it's also a mysterious room a magical place. where does a magnet and i was a little shameless and using this magic to rally support for the museum island concept or financially to. support. who was head of berlin's public museums was always at a man's side the 2 were together for a decade to implement them master plan. he was brilliant strategically he was relentless and would never tire of taking members of parliament to the museum island to show them around them or he's great at motivating others he's truly what you might call a cultural diplomat and he's a genius when it comes to committees. women would enter a meeting and at the end he had convinced everyone in the room of his opinion he was very elegant and efficient or there's everything. the museum island which brings together cultures from across the globe is perhaps the sight of layman's most significant professional accomplishments here he likes to reflect on his life's work. detail a man's life and career so closely co

oracle is moving from alameda to texas. they will use the new plant as the hub. last week hewlett packerd announced it's moving its headquarters from san jose to houston. >>> the pandemic has ravaged so many businesses in the bay area and one in particular is especially hurting. yoshi's in oakland the well known venue is launching a go fund me campaign in order to saving their business. rob roth is joining me with the state of live music venues, rob. >> reporter: now an institution like yoshi's is struggling to hang on after businesses have not been allowed to open during the pandemic. at yoshi's there's no musical names of artists on the marquee anymore. inside the seats are empty and equally sad the stage is silent. it's been that way since march, after the pandemic shut down. yoshi is struggling. >> we need some help and we were trying to get through this. >> reporter: it's gotten so challenging that yoshi's has started a go fund me campaign hoping to raise $100,000 just to basically keep the lights on. >> it's really sad, it breaks my heart and the founders h

. >> booyah, jim >> booyah, elizabeth >> i bought oracle two months ago. now i am debating if i should hold it until december or sell >> oracle is fine. is it going to set the world on fire there was a period where it did. now it is just fine. it does a good job it is an inexpensive stock elizabeth, i want you to hold on >> jack in pennsylvania, jack. >> how are we doing? >> i am good, how about you, jack >> i want to say go birds, fly eagles fly, we got this. we can do this >> all right, i hope you are right because i was very depressed yesterday. that's okay. i am trying to get the funk out of it. >> one of the hot stocks seemed to be virgin galatica. it is up 17% today as well as around 22% this week of the announcement of their windows starting with december 11th my question is how would you approach or carrying a non-standard event >> i am glad you asked me about this company i will tell you what i think this is a company that is a great spac. it has a lot of good people behind it. it has contracts and business but is it something that you should bank

> if you have what you just described, you have some ibm, you have another company that could be in oracle they can't do it you need a neutral party >> this is a big, this is a nuance -- well, it is a big deal that people miss it is not part of your e-mail or infrastructure it is not part of your application because it has to be neutral and independent. it is very nature that connect ls y you to all those things. you talk about john deere or organizations like the government that's trying to upgrade the cloud system they want choice they don't want to be ham strung into one vendor. we saw the identity challenges and the security challenges around identity and beyond that we give them choice. if you want to use the right app for you or the collaboration app or zoom or teams or sales force, we give them choice and let the company decide what's best for them it is working out well >> why would you have levi strauss? >> levi strauss have tens of thousands technology those employees want to be productive and it has to be secured. if they want to work from home or you know a coffee shop or the o

. >>> coming up from tesla's elon musk to oracle. the coronavirus helping big companies out of california. a closer look at the major tech companies on the move and why. >>> we have the power to harness california's abundant solar and wind energy, but it's not available all day long. use less energy from 4 to 9 pm for a cleaner california. apple says that they will provide increased transparency of personal information collected by the digital services displayed in their app stores. the company says that move will help customers gain a better understanding of how apps monitor their habits and whereabouts. the data is used to sell ads targeted at a user's interest and location. apple says the increase the transparency will provide customers a tool to make more informed decisions about which apps to install. >>> in the last few weeks three major silicon companies moving to texas. tom vacar reports on what is at play and what needs to change to keep other companies from doing the same. >> reporter: hp enterprise a legacy high tech compa

oracle was my hope it has made a 52-week high i would shop oracle. workday has a top around 250 i would drop workday salesforce, up since early september. something is going on. i have to drop that as well. two drops, one shop and i love south america and brazil, but there is a back story why i can't go back to the continent >> i am sure he is glad you love brazil >> i thought he was from brazil. sorry. >> time for the final trade. let's go around the horn dan? >> coca-cola looks like it's poised to break out of 55 and make a run for 60. >> james >> i still have to stick with uvxy >> jeff? into i am a buyer of macy's. it has found support around 10 i think you play the momentum of macy's >> guy >> before we get out of here, mel, i am not with you tomorrow. happy new year to you, the "fast money" team. it has been a wonderful, crazy year we have gotten through it together psx. >> can you bring next year is 2021 that does it for us this hour, but we have another hour of "fast money" coming up on the other side of this break so do not go anywhere. >>> w

tech talent. >> i don't think it matters where the ceo sits but where are the jobs and both hp and oracle will remain in the valley as employers. >> but when headquarters moved to texas the cost of housing is one-third of bay area prices and the absence of a state personal income tax amounts to 13.3% raises for top earners. >> companies go where they are wanted and stay where they are appreciated. >> an advocate for decade says learning top leadership is never helpful. >> that takes some of the top intellectual talent somewhere else and often those other jobs will follow so they stay together. either way it is not good for our region and state. >> so after covid fixing this is crucial to california's future. tom vacar. fox 2 news. >>> the incoming lady, jill biden. the result from the wall street journal. >>> the sierra receives a fresh blanket of snow. just how much snow fell in the mountains from this latest weather system. >>> ♪ ♪ ♪ heart monitors that let your doctor watch over you, just like you watch over your best friend. another life-changing technology from abbott, so you d

also 1984 winner, desmond tutu put it no sooner had the got the nobel peace prize i became an oracle, certainly everything i said before was now received with something like awe. no other award followed by just about every country in the word and commented on by just about every newspaper and television network. however, the nobel peace prize as we know it is corrupt at its core. the prize that former secretary and director of the nobel institute said to the norwegian state television, an arcane in 2014, has not become renowned because the committee rewards the red cross and nelson mandela but because of it controversial choices. controversial choices are fine as long as the committee executears of alfred nobel's last will sticks to his instructions. nobel wanted the committee to select peace champions to act as role models for the's of us. namely someone of the champion is a risky business. first, the committee's choices may not be everybody's cup of tea or have the most convenient political leanings. second the committee cannot predict how a nobel laureate will behave after the priz

oracle says it's moving its headquarters to austin texas. the change will allow employees to choose their location and as well as continue to work from home. oracle was cofounded by larry ellison. the software maker has roughly 135,000 employees. now last week, another silicon valley icon, hewlett packert is moving to austin. >>> and what we learned about the menora vandalized. great day on the lake! it is. lunch is cookin'! and i saved a bunch of money on my boat insurance with geico. fellas, can it get any better than this? whoa! my old hairstyle grew back. so did mine. [80's music] what? i was an 80's kid. it only gets better when you switch and save with geico. >>> chaplain of the visitors authority says current hotel and air b & b occupants are allowed to complete their stays but those who have reservations for the upcoming holidays are being sent cancellation notices. >> we hope that after the three week period, that we can get up and going and enjoy the rest of the winter with all of our great activities. >>> air b & b officials say t

keith re boy moving to miami oracle changing corporate headquarters from redwood shores, california to us a intexas. >> now we will wait about the he -- now we will wait for the headlines of the people who moved to austin moving again because the traffic has caught up with them. >>> coming up, lgi homes ceo on whether the housing market is rovis ok hot and whether conaruvaccines could impact sales we'll be right back. ♪ ♪ i got it all from you ♪ i'm always pushing through ♪ i know we'll make it to the finish line ♪ ♪ i know you're waiting on the other side ♪ ♪ i'm like you on-demand glucose monitoring. because they're always on. another life-changing technology from abbott. so you don't wait for life. you live it. breaking news on moderna meg tirrell has got it for us. hey, meg >> hey, wilf well, the u.s. government has exercised its option to purchase an additional 100 million doses of moderna's covid-19 vaccine for delivery in the second quarter of next year now of course the government had already purchased 100 million doses. moderna says that 20 million of those dos

the one book all young law students read in those days was blackstone, blackstone's commentaries, the oracle on law. blackstone said this -- liberty of the press is indeed essential to a free state, but this consists in laying no previous restraints upon publications and not in freedom from censure for criminal matter when published. every free man has an undoubted right to lay what sentiments he pleases before the public, to subject the press to the restrictive power of a licensor as was formally done is to make him the arbitrary and infallible judge of all controverted points in learning, religion and government. so wrote blackstone. axioml of this became an for the american press. except in some matters relating to war, no american congress, no legislature would now dare to require advance approval before publication of printed matter. press against the with freedom from licensing. but that has to do with the press. what about film? in the closing years of the 19th century came this strange new medium. show swept the penny arcades, and became the basis of a new industry. many cities acqui