specifically across the silicon valley. we've needed this for decades. are we seeing the payout there? is it helping? >> it's helping a little bit. what it's doing, hopefully as is allowing some young people to get in and at least rent here if not -- if they can't afford that condo. young people are the ones that start startups and really drive the engine of the -- but another thing, raj, you and i remember, our parents playing 20% or 19% or similar right around there for their mortgage. so when we say oh my gosh, it's 5%, the previous generation is not only -- not that impressed. if these prices change from 3% to 5%, you've got it. late 1970s, that mortgage rate was about 19% for a lot of our parents watching tonight. thank you, scott. the number one industry in san francisco goes towards them. hotels, once again starting to fill it. hotel occupancy last month was 67%. is the highest we've seen since the pandemic began. it's almost double what the city saw last year. you can see it there. about 36% occupancy. here's another milestone. today, 55 -- near

a look at some silicon valley history, when we come back. my classic and spicy popcorn chicken with 100% all-white-meat chicken. and good good sauce. ♪ pop it like it's hot ♪ ♪ pop it like it's hot ♪ ♪ pop it like it's hot ♪ pop my $6.49 classic and spicy 50/50 popcorn chicken combo. order on the jack app today. >>> today is an important day in history that has transformed the way we work and create on our computers. >> yes. on this date in 1998, steve jobs and apple introduced the first i maccomputer in the famous candy colors. jobs asked at time what if everybody had to drive a beige car. the price? $1300. you can get a 2022 imac for about the same price depending what add-ones you want. in 1998 apple's stock price was 23 cents a share. it is not that now. jobs had been fired by apple and rehired by them. so they both had plenty to prove. apple stock today closed at $157 and over its history it has split five times. >> i remember those computers. we have come so far, raj. i can't believe they were the same price buying an i mac

so far silicon valley has venture capital to startups. crypto is new and pretty unknown and so if miami gets a lead, you know, that would be something that we would take personally out here on the west coast. so first, what governor newsom wants to do is clean things up. make it safe. make it understandable. and then make it hours kind of an east coast, west coast think would happen here. >> would you take your nbc salary in bitcoin? >> i could not. >> smart man. >>> that brings us to the question of the day, what do you think california should do with crypto currency? weigh in on twitter, facebook and instagram. >>> also tonight, do you or someone you know use turbo tax? if so, you might be getting some money back into your pocket. it comes from a massive nationwide settlement. the attorneys general from all 50 states accuse the california based company turbo tax of advertising free services but then steering customers toward paid versions instead. you can't do that. as many as 370,000 californians are eligible to get a refund. let's bri

[indiscernible] it is -- now i live in silicon valley, as you know. we talk about it as this place where you were supposed to find outliers and invest in them early and get rich. i was nobody, when i got to america. i was nobody. a lot of past [applause] >> let's talk about power. how many of you would disagree with this statement. every single device you have in your hand has been an idea to men. but here is what is more powerful. when i open it, the first cap use is -- app we use are made by men. this is the tool that defines your life. i know you know the power of technology. the problem is we are already too much behind. we are still behind. democracy has been built by men and it has defined a lot of our rights. i cannot believe we are debating the rights of abortion in 2022. it is shocking and disgusting. i come from africa. i have a daughter and when you have a daughter with a u.s. passport, you think she will always have something to protect her. technology is being defined by men. how we govern ourselves as being defined only by men. and we ar

valley and really the only question is whether silicon valley is the canary in the coal mine or not. >> he is the pilot and to stretch the metaphor, and when you're hoping for a soft landing you certainly don't want to hear the pilot say might not be able to land this plane david sacks, thank you. >> feels bumpy from here thank you. >> thank you. >> we have certainly felt that this week. and this earnings mover has felt that too that would be doordash it has been volatile this morning, 35% revenue growth in q1 was boosting that stock earlier this morning, however it was down huge, and now we're nearly flat. the nasdaq meanwhile posting losses for a second straight day. with me now is doosh dash ceo tony shu you're our first guest in the studio for over two years. welcome to you. >> thanks for the honor. >> right into it, doordash is in investment mode, you're expanding your international footprint, your own warehouse network, you said on the call last night that you are still hiring at aggressive rates does that get pulled back in the economy softens this year given the macroeconomic

we may need to be in silicon valley. we need to make sure that girls are not just users, that they are builders. that is a lot of work that needs to happen. [applause] >> secretary clinton, coming back to you. you are one of the most brilliant strategist and thinking about the future and women's issues. i think a lot of people are wondering, okay, what are you going to do next? particularly after that incredible, incredible dedication at secretary albright's memorial. man, if you saw it. the power. the power that you brought to that stage following two presidents. i remember sitting there and thinking, one, how proud your co-founder vital voices, and to be your partner so early on -- secretary albright would have been listening to you talk about her. how you guys got in there and championed women as a foreign policy issue long before is popular. long before we had the research to say, actually, this is right. then as i thought more, i thought, why is she going to do next? i'm sure everybody is wondering that. of course,

the options the silicon valley is producing that could one they prevent school shootings struck the governors of two of the biggest states in this country. by the governor newsome and the texas governor are trading barbs. >>> the news at 6:00 starts right now. good evening and thank you for being with us. i am raj mathai. >> and i am jessica aguirre. the horror is sinking in and vigils are happening across texas and people morning the 21 lives lost in yesterday's massacre 19 of those children. chilling new details about the shooting are emerging. investigators say it started at the gunman's grandmother's house a half-mile from school. the gunman shot his grandmother and then took a truck and question into a ditch soon after he engaged in a gun battle with the law enforcement officer, robb elementary. multiple law enforcement officers say the school does appear to be the gunman's intended target. >> evo swept across uvalde yesterday. anyone who shoots his grandmother in the face has to have in his heart. but it is far more to gunned down kids. >> it appears the government barricaded himself in

postal workers in silicon valley are frustrated. some are saying they're running into problems before the shift starts. >> scientist tell us this project is critical to combating climate change but it may burn up in the earth's atmosphere. we investigate why, coming up. >>> i warmer weather on the way. fu >>> what happens on earth is sometimes shaped by what happens in space. the battle over real estate on internationals waystation is threatening to destroy an important device being used to fight climate change. >> stephen stockton discovered a project, little known outside the scientific community that might be jettisoned and burned up in the atmosphere. this could impact how we address our climate in crisis. >> reporter: the scientist who designed this instrument that beams lasers from space, down to earth, says it's the best tool that currently exists anywhere around the globe for battling climate change. >> three, two, one, zero point >> reporter: launched on top of the spacex falcon 9 rock in december 2018, the laser device is

why he believes the silicon valley will play a critical role . >>>taking over the streets of the peninsula. >>> good evening. we will get to those stories and just a moment. we have breaking news. i jailhouse fight. the elmo jail in milpitas is like down following two fights between inmates. you wouldn't know that anything unusual happened other than the guard gate. all visitations are canceled. several inmates were taken to the hospital, but none of the injuries are critical. the first bite started at 4:30 this afternoon. we will update you at https://www.nbcbayarea.com/ as we get more information. >>> this is no big surprise, but it is shocking and maddening. the gas prices. a new record in california. the average price across the state is more than six bucks per gallon. analysts say don't expect it to get better anytime soon. prices are higher with the cheapest gas in solano, county. san francisco and marin counties have the most expensive gas at $6.27. the head of petroleum analysis is not optimistic we will see a drop in prices because deman

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still to come a push to do more research and more quickly diagnosed als in silicon valley. i really think it will save their life. i mean, i honestly believe that if we had this mechanism peter would be alive today. after the break. how one woman who lost her husband to the disease is now using artificial intelligence to make strides toward better outcomes for patients. also ahead tonight, the latest landmark in the east way to be placed on the national register of historic places. and why that location is abroad and controversy. and the warriors have to wait a couple more days to see who they will face in the finals of the heat. jimmy butler willed miami to game sev it's time for our memorial day sale on the sleep number 360 smart bed. why choose proven quality sleep from sleep number? because every green thumb, 5k, and all-day dance party starts the night before. the sleep number 360 smart bed senses your movements and automatically adjusts to help keep you both comfortable all night and can help you get almost 30 minutes more restful sleep per night. sleep number takes c

and silicon valley, kick off the cupertino cherry valley festival. and then up to the south, we go to north bay where we have the fisherman's festival, and returning to the south side blessing of the fleet, and the pet fleet and grog, and it is all on the water. what a catch. enjoy your sunday. >> thank you, mike. you, too. >>> and trending now, if you are looking to land the dream job, we are told that taking certain steps, it can put you above the pack. your name should be prominently placed at the top of the stage, and you should not have an autobiography, but bullet points of your strengths. and you should also be on linkedin, and that got us thinking how we got in front of you. so we wanted to share photo os when we first got in the business. this is me as the multi media journalist in mankato, minnesota, as an anchor reporter, and we have vianey starting out in boston, and i love that long hair, and i think that is also a picture of her at csun before she broke into the business looking so professional. speaking of, it is time to check in with

in silicon valley, i am andria borba. >>> krause continued together as a landmark case, roe versus wade, appears to be on the verge of being over returned. demonstrators are gathering for reproductive rights outside of the courthouse today. today, the supreme court confirmed that a leaked draft opinion published by political is in fact authentic. the document shows a conservative majority backing the move to overturn roe versus wade. the supreme court says the document is not a final opinion. that is expected sometime in late june or early july. the historic supreme court decision was made nearly 50 years ago. a texas woman is five months amendment. she wanted to have an abortion. at the time, states only allowed abortions in the cases of rape or incest. the district court in texas agreed and appealed the decision to the supreme court in 1970. the ruling was decided in 1973, establishing the constitutional right to abortion. kpix 5 has been covering roe versus wade for nearly 50 years. we were at the end of this reproductive rights march in san francisco in 1971. that same day, there wa

valley, nos acompaña aquí en comunidad del valle; bienvenido otra vez, don josué. josué garcía: damián, muchas gracias, y saludos a todos, un placer de estar con ustedes. damián trujillo: gracias, tenemos video fascinante, que quiero mostrarles, porque me fascina el video; platíquenos lo que están haciendo los ruferos en stanford. josué garcía: sí, mire lo que estamos haciendo, escogimos a una, bueno, extendimos la invitación a 100 ruferos, y son roofers, pero la sociedad nos dice ruferos, a 100 ruferos, y tenemos 106, creo, a lo último, que participaron, y están estudiando clases que se llaman virtual design in construction, o sea, construcción de manera virtual, que es ya lo que se necesita ahorita para estar en un proyecto de, de alta categoría, es lo que están haciendo ahorita los 100 ruferos. damián trujillo: es clase de 6 meses, y aprenden, me dice usted, la nueva tecnología, porque ya, poner un techo en una casa no es como lo hacíamos hace 5 o 10 años. josué garcía: sí, exacto, mire, para empezar, para medir un techo, para dar una estim

. >> reporter: but the executive director of the silicon valley public accountability foundation says the proposed ordinance penalizes law-abiding people who illegally manufacture firearms. >> we have a huge issue with that. if you're going to follow the law and do something legally, following the federal and state rules, then you should have a right to exercise that. >> reporter: critics have said criminals won't care if there is or isn't a law. margaret tetros is the executive of mothers against murder and questions how effective the new lew might be. >> i do support measures to reduce gun violence. but i honestly in reality and after 36 years of experience, i don't believe it will make a difference. >> reporter: the mayor believes the proposal will lows loopholes which allow people to purchase guns with enough missing components to evade state and federal firearms regulations. oakland approved a similar ghost gun ban earlier this year. mayor liccardo hopes san jose will be next. in san jose, marianne favro, nbc bay area news. >>> and our investigative unit has been looking into how

last year tesla moved its corporate headquarters to texas from silicon valley. texas currently bans abortions at roughly six weeks of pregnancy. >>> well, more people are working. the labor department reporting more than 400,000 jobs were created last month, keeping the unemployment rate at 3.6%. this marks the 12th straight month that employers added at least 400,000 jobs. wages have also slowly but steadily increased in the past year. >>> a powerful explosion rocked the capital of cuba. cuban state television is reporting 22 people are dead and dozens of others are hurt. among the dead, a pregnant woman and child. the explosion happened this morning at the hotel saratoga in old havana. we want to show you a video moments after the blast. you can see a lot of smoke and dust. large sections of the hotel's outer walls are now gone. on twitter, cuba's president said a gas leak caused this explosion. the 19th century hotel is undergoing renovations, and no tourists were staying there. >>> another high profile visit to eastern europe since the war in ukraine began.

we're also getting a closer look at google's new silicon valley campus. it's right by nasa's ames research center near moffett field. the campus is more than a million square feet. it's pretty big. it's got 20 acres of open space, an event center, even some short-term employee housing. there is also public access to expanded trails that have panoramic bayviews. >>> big news for netflix. the streaming company will lay off 2% of its workforce. that works out to about 150 people losing their jobs. the layoffs come after netflix reported its first subscriber loss in a decade. the los gatos-based company is now exploring low-cost ad supported tiers with the hopes of raising revenue. netflix is also taking a harder line with its employees, the company telling works they are may have to work on content they don't agree with. it came after some employees pushed back on that content. the new memo said not everyone will like or agree everything on our service. if you find it hard to support our content breadth, netflix may not be the best place for you. >>> a battl

. >>> and silicon valley doing its part to stop misinformation about climate change. >> and we didn't want to wait until harmful content reached some sort of threshold before it happens. >> how pinterest plans to make it happen as we address our climate in crisis. >> good tuesday, everyone. thanks for joining us. the news at 5:30 starts right now. i'm janelle wang. >> and i'm raj mathai. an unusual mayday. this is the richmond san rafael bridge. a distance there, you can see some clouds. let's bring our chief meteorologist jeff ranieri. we've had rain, snow in the sierra, reports of hail and sunshine. a mixed bag today. >> yeah, certainly a lot of everything. so we wanted to get you down into this thunderstorm we're tracking here off to the north. as we get a closer view, you can see the purple here. that's our computer indicating some small hail, and of course those lightning strikes as we track the top portion here of this thunderstorm. you can see it's moving off towards the south through kellogg. it could hold up to calistoga through 6:16 tonight. and the second complex down here

new nonprofit in silicon valley is working to bring progress to als research. ktvu magus spoke to a woman who lost her husband to this disease, but her efforts to not only find a cure but to diagnose patients sooner. in silicon valley in do navarre is determined to find a cure for the disease that killed her husband, peter cohen. in 2019, he noticed the symptoms of a l s early on when his ankle wasn't supporting his foot, but it still took nearly three years before doctors determined his diagnosis. it's like finding stage four in cancer, and then we say, okay, you have a less and so it's too late bars started the foundation in peter's name. and two years ago, the foundation launched everything. als a nonprofit working on groundbreaking research that this month got the support of an accelerator research program funded by the fda. our goal is by end of the year. we want to have an algorithm and a biomarker in front of fda right now, everything ls is analyzing speech and facial data from hundreds of voices using an artificial intelligence platform created by san f

no rule silicon valley is always going to have the tech crown. a trade group for the tech industry will lobby congress about that this week warning remote work won't just hurt california but the u.s. in general as workers leave for their home countries but leave with their american jobs. >> hmm. >> interesting. all right, thank you. >> thanks, scott. >> you bet. >>> taking a live look at sfo now, and here's a question for you. >> okay. >> are you planning a summer getaway? >> yes. >> all right, this morning, google is out with the annual list of top destinations. let's see if you're headed where everybody else is. right now in the u.s., orlando is the top domestic location. >> hmm. >> las vegas, new york also in the pop five. as for international spots, cancun was number two, while paris came in at number seven. google's trend expert justin burr explains searches for passport appointments are skyrocketing this year. >>'first three months of 2022, passport search inquiy increased by over 300% so i think it's indicative people are trying to go inte

valley guy who used to brag about silicon valley being the center of the universe, now hating silicon valley, a guy that lived in san francisco and loved it when he was there, now saying he doesn't like san francisco. that's going to be interesting. mika, also in pennsylvania, also the democrats seem to have somebody that, again, he's not a moderate, he's a progress, but at the same time he really speaks to working voters in pennsylvania. >> well, that primary election is next tuesday. a new poll shows a very tight race among three republican candidates for senate. trump backed dr. oz is at 22%, followed by david mccormick at 20%, who is still sort of leaning into the trump agenda despite recent criticism from the former president. we should note the poll's margin of error is 3%. conservative commentator kathy barnette who does not have trump's endorsement and has never run for office before has surged in the polls to 19%. on the democrat side, congressman conor lamb and john fetterman are the two top candidates. fetterman is what could be the democrat's best chance at flipping a sena

silicon valley john mcafee launched a software firm to resign. eventually, he moved to an island off the coast of belize, saying he wants to get away from the rigid business rules in the states. but when his neighbor turned up dead, authorities wondered if mcafee those trying to get away with murder. investigators were determined to question the eccentric tech giant. but first, they would have to find him. here is keith morrison with the fugitive millionaire. ♪ ♪ ♪ >> an american murdered in a tropical paradise while a famous and wealthy man went on the run. >> i'm trying to delay my imminent capture. >> why was he hiding? >> he is bonkers, in my view, without a doubt. >> the story is a strange brew of dogs and guns and girls, teenage girls. >> i was ready to shoot him, and for some reason, i missed. >> an interconnected web with one man at its center. >> john is smart. he knows what he's doing. >> the case will take us on the high tech world of silicon valley, to the jungles of central america, and finally, finally back state-side into the

so chinese social media companies, they're mostly based out of silicon valley or somewhere else in the united states. and that means that they must respond to regulatory pressure. they must respond to policy makers. they must respond to legislation. and the greatest tool that we have in order to really ensure that the social media companies clean up their act, that they stop giving a platform on to obvious conspiracy mongers. obvious paddlers of this information is to mandate them in some way. am i not a policy expert? i don't think that my word is gospel, but there must be a real conversation about a legislative approach or regulatory framework that can be applied to the social media platforms. that will somehow cause constrain the operation, especially of bots, because a lot of the system ration is not being shared organically. it is 1st boosted to an insane degree on by bart networks. and then once that initial engagement had been registered by the algorithms, only then is, does it begin to get traction organically and spread from there? so there has to be something to constrain the

the problem mean the silicon valley titans who designed a lot of these tools? you know the new york times reported a very some very good stories a couple of years ago by nelly bowles and i quote them extensively in the book interviewing a lot of the silicon valley leaders like chris andersen the former editor wired magazine saying these screens for our kids or as bad as a drug, they are addictive and the silicon valley designers of them hired consultants who were experts in addiction and attention what they call persuasive design to get people onto these sites and hold them there, especially the kids now you you asked but wait a minute. it's all great the stuff out there, but you know 15 year olds. 15 year olds don't want to go to the you know the national gallery of art and look at paintings by old masters. they want to connect with other 15 year olds. that's the social nature of adolescence. they're more interested in what happened at the party last saturday then what happened at waterloo 2005 six years ago. so the social impulses and all the insecurities. of

could this impact hiring or the mood in silicon valley? brian: we are completely overwhelmed with hiring. two weeks ago, we announce that airbnb employees can live and work anywhere in the world. wherever you are in the country, we will not lower your pay. more than one million people visit our jobs and careers page since that announcement. we only have 6000 people at the company. i think there might be some broader considerations, but we have quite a lot of interest, and i do not think that will change. emily: twitter announced the hiring freeze and cutting costs, rescinding offers for different reason. i wonder with this on top of other companies pausing hiring, if this could be a moment of opportunity for you, a chance to attracting new talent? brian: other people reaching out to us because maybe they're not hiring as many, but airbnb is stepping on the gas the summer. emily: how are you stepping on the gas in china? we are seeing on ongoing covid lockdowns? when do you expect to recover? brian: our china business has been people in chi

so silicon valley and london have a lot in common. fair to say these tech big hitters could lose $1 million down the back of a sofa and barely notice. the aim, to prise investments away from the bay area and over to its biggest tech competitor, silicon london. with baseball coming to the capital, what better place for a catch up with the san francisco mayor. the aptly named london breed. and the honour of that famous first pitch. i�*m relieved! pitching for london successfully! mark ashdown, bbc london, san francisco. now our team at look east report a new weight loss injection could help tackle obesity. it is being used at the luton and dunstable hospital, where staff say they have had promising results. iti where staff say they have had promising results. it i believed one in every four adults is obese that can lead to health problems such as cancer and heart disease. it is a new treatment for obesity, a medication you can inject yourself at home. for barbara, being prescribed the drug has been revolutionary. i prescribed the drug

other countries have silicon valley. in korea there is samsung. in vietnam a lot of people are creating new technology. so in the philippines we want to be known as the centre of the play to earn concept. be it change the narrative that philippines is notjust narrative that philippines is not just for call centres. narrative that philippines is notjust for call centres. now we are becoming the centre of the play to earn metaverse games. by by 2018, venezuela �*s economic crisis pushed nearly 90% of its citizens into poverty. the end for first—time dad magill margot, scarcity became a way of life. with hyperinflation rampant, alongside millions of others, magal tried to escape his misery abroad. —— miguel. he hitched and walked 2000 kilometres to peru, but was unable to make a living. but on his return to venezuela, he discovered the axie promise. venezuela's government has even set up its own axie academy, to give people like ana away of surviving. and to earn crypto currency for itself. but until recently, the regime saw the game as a thr

we're also going to touch on that silicon valley as i promise. so let's touch on that. east bay commute first. and look at the bay bridge toll plaza. it is backed up for a 15 minute delay. and as you look at highway four and 6 80, those are still they're pretty much the slowdowns is what i mean and 8 80 hayward is slow. that's all pretty typical san mateo bridge pretty robust getting over to the peninsula and then you will see traffic in the silicon valley. just as i said. and this is about the time it starts to fill in. look at 85. this has become a regular occurrence in that southern part of the valley, getting up to campbell and las cartas area driving up all the way to cupertino. a lot of people use that cut off. because they want to avoid 101 and doing this when i'm pointing out, but you know that secret has been out for years. it used to be that that's the way people did it. but now everyone's doing it. it is typical, though. if there's any good news about this, we don't have any major crashes along the way. 7 38. let's bring steve back in with today's weather. th

>> from the heart of where innovation, money, and power collide, in silicon valley and beyond, this is "bloomberg technology" with emily chang. ♪ emily: i am emily chang in san francisco. coming up, market meltdown. stocks sink, yields surge. investors getting jittery about whether the fed could fight inflation without plunging the economy into recession. amd getting caught in the selloff after surging post earnings. we talk to the ceo about how she is driving massive growth amidst forty-year inflation, lockdowns in china, and an ongoing chip crisis. uber shares down multiple days in a row, despite selling shares before a market wipeout. we speak to the ceo later this hour. why he is confident about demand and consumers on the road ahead. we get to that in a moment. but first, the market stocks plunge in a violent reversal from wednesday. the decision to raise rates initially boosted markets. tech stocks have had one of the sharpest you turns ever. >> you are completely right. the long list of superlatives. nasdaq 100, very heavy index, worst day since 2020. mega caps, u.s. listed sh

announcer: from the heart of where innovation, power and money collide in silicon valley and beyond, this is bloomberg technology with emily chang. emily: tony fedele's unorthodox advice in these times of turmoil. the cofounder talks about the least exciting inventions coming out of silicon valley today. all that in just a moment, but first let's get a look at the markets. tech companies driving a rebound in stocks as traders try to read more clues about what the fed is going to do next. ed ludlow is here with the latest. ed: some relief in the rebound but the inflation outlook, a key cpi print coming wednesday and hopefully those price gains moderated somewhat in the month of april. then you have all the fed speak but technology, 1.3 on the nasdaq, clearly outperforming the s&p 500 and yields are a little softer, still at the 3% mark on yields. bitcoin trading sideways all day long. but we are coming off the back of a three day selloff off the nasdaq 100, a very tech heavy index. let's bring up this chart and ask where we go next. is this just a temporary pause in the selloff or do

>> in silicon valley and beyond, this is "bloomberg technology" with emily chang. emily: this is "bloomberg technology." a bounce back for tech stocks. the nasdaq 100 seeing a bump a day after a selloff that erased trillions. with all be outdone with new inflation numbers? plus elon musk discusses that banning donald trump on twitter was flat out stupid and that he would reverse it. and tony fadell's talks about the most and least exciting interventions coming out of silicon valley later today. first let's get a look at the markets. tech companies driving a rebound in stocks as traders try to read more clues about what the fed is trying to do. ed: we are still showing anxiety about the outlook and a key cpi out-of-print looking -- coming out on wednesday. technology to clear out. 1.3% on the nasdaq, clearly outperforming the s&p 500, the broader benchmark index. we're still at the 3% mark for yields. we are trading sideways. we are going a day long on wednesday but we are coming off the back of a three day off the nasdaq. we have the 50 day moving averages. normall

valley, for example, are creating a completely new environment. and that's also happening in europe. and that's something that i also would like to do, because i would like to create an environment or in your hop are where a small company is start up, sir, can develop businesses or those who are new services or new constellations are new activities. they are building up and yes, commercialization is a big job because of for me, the head of the european space agency. joseph ashby, speaking to d. w. editor in chief money la carte, and w, adverb. and belgium has, for centuries, been a global hub for trading diamonds, but the business has become more difficult lately. banks have frozen dollar accounts to try to come in line with new you anti money laundering rules. and there's an important band on, on cut diamonds from russia, over the war in ukraine w's jack parish reports for me and work outside the time. robin burton has been in the diamond trade for over 40 years. he's one of 1600 registered diamond dealers working in antwerp, the global hub for d

but also many investors are in silicon valley, for example, are creating a completely new environment. and that's also happening in europe. and it's something i also would like to do, because i would like to create an environment or in your help are where a small company is start up, sir, can develop businesses or those who are new services. so new constellations, new activities, they are building up and yes commercialization is a big topic also for me. ahead of the european space agency years of ash backer, speaking to tito. he is editor in chief manuel r casper claridge in. tell us that. now let's take a look at some of the other global business stories making the news. mercedes benz is recalling some 235000 cars in the us to fix a software problem. the glitch stems from a bug in the sim card software that could disable the emergency call system. it could be solved with a software update by a mobile connection or at the dealership. french view group down and says it's sending an additional half a 1000000 packages of medical, great baby formula to the united states. the u. s. is suff

but san jose state professor and tech expert ahmed benoffa says as seen in silicon valley the best ideas come from collaboration. i am talking about my experience with supervising hundreds and hundreds of students if there is, you know, a mix of both genders in a way, which is balance. you will have a good you know decisions because everybody look at it for real. do experts calling the landmark law necessary considering a board's responsibility to oversee management. it made decisions like hiring and firing of senior management compensation make the strategy of the company and basically are looking over the functions so that there's not too much internal control commuting. mishra is an assistant professor at cal state east bay's department of management. she says the law has led to change point. women now occupying more board seats in the state compared to before the law took effect. judge cordell signaling to ceos a law shouldn't be needed for a woman to have a seat at the table. they need the political. will they need the desire? they need the understanding how important diversity is t