clapping good morning. Im kate executive director of sf made and i want to welcome all you have you to our Second Annual state of local manufacturing breakfast thank you all for coming today. I think we have a exemplify agenda and the goal is to help all of you to understand the role that plays here in San Francisco and whether youre coming as a Real Estate Developer or as a policymaker a really leverage mates become a powerful asset in San Francisco. Before i turn the speaker over to mayor ed lee i want to start by thanking our sponsors our lead sponsor it pg e and our supporting sponsors are effort city. We have a list of tremendous supports across the room ill briefly read off all of you. The American Industrial center that has the highest number of manufacturers on the city were thrived to have them. Bold build patch stuffy and basis are first branch bank the Family Foundation good and strong maureen successors e. R. Associates and anyways adams and pacific Waterfront Partners and
Thrived to have them. Bold build patch stuffy and basis are first branch bank the Family Foundation good and strong maureen successors e. R. Associates and anyways adams and pacific Waterfront Partners and urban Green Development corporation and larry. So thanks to all of our sponsors. I want to recognize today, we have a number of elected officials in the room. Well be hearing from mayor ed lee and board pointing chu and supervisor wiener sends his regrets but he tended to be here rituals from the office of nancy pelosi. Without further ado id like to welcome up to the podium mayor ed lee clapping. happy halloween everybody. I dont want you to mistaken me for jeff curry. Were very enthusiastic about this. Much of my staff are under the mistaken belief were going to serve beer this morning. I want to congratulate everyone its wonderful to see so many people that are part of our Maker Movement by people who make things in San Francisco. This is i think the beginning of a huge renaissanc
Cutting another 16,000 jobs, 48,000 job cuts in total. In secondquarter profits but yet another drop in the 11th quarter in a row. Facebook taking steps to improve user privacy. From new users will now automatically default to friend. That means it can see be seen by friends only. They are also rolling out a privacy checkup tool that will remind you about privacy setting. Air b b has agreed to provide the new York Attorney general about with data about its host, new york city. They will have to provide names if the attorney general chooses to investigate. Our lead story of the day, shares of j. D. Com are off to a good start as the company went public today. Shares rose after being priced at 19 last night. They raised about 1. 8 million for jd. Com. They have a Business Model similar to amazon. They now have a market cap of 28 billion. They are the largest chinese internet listing in new york. Of course, alibaba will easily take that title once a goes public. Cory johnson is here with
They will now automatically default to friend. That means it can see bc my friends only. Be seen by friends only. There are also rolling out a privacy checkup tool the lower spine you that will remind you about privacy setting. Move more than 1400 workers to it this new complex in sunnyvale. They declined to comment. Theyre also leasing space in santa clara as they fill their new headquarters. Spying feud between the u. S. And china is not letting up. China now says they will apply tighters group me before to foreign internet companies. Companies that do not pass will no longer be allowed to sell products and services in china. This is after the u. S. Charged five Chinese Military officials with espionage. First, to the lead story. J. D. Com are off to a good start as the company went public today. Shares rose after being priced at 19 last night. They raised about 1. 8 million for jd. Com. They now have a market cap of 28 billion. They are the largest chinese internet listing in new yo
Would be a smaller surface mini announced to take on the ipad mini, but instead the surface grew. It has a bigger, 12 inch screen and is thinner and lighter than previous surface pro models. And microsoft faces an uphill battle with this tablet. It had 1. 3 market share in the latest numbers, with apple leading more than 32 . Our editor at large was at the event and spoke with microsofts Corporate Vice president of devices and studios marketing. Corey started by asking him whats changed with the new surface pro. This is definitely a brandnew device. Uilt from the ground up. This surface pro 3 is the first device that is a full p. C. , intel powered, all the power to push microsoft office. A third of an inch thin. Super light, incredible screen, and its a tablet. The marketing message is very different for this device. Tell me about that. Well, basically what weve been trying to do as a company is find out how do we bring unique point of view to really differentiate and address the issu