International policy and commerce. We are recording tonights event through a cspan and as well as radio so take a moment to silence your cell phones. We have question cards are your seats so write your questions down and given that we will be talked about social meet media we invite you to get involved with the conversation. However like to introduce our moderator. With an adjunct professor teaching a course on digital we are delighted to have him here this evening. [applause] good evening. Is a pleasure to introduce our guest. And as we heard from them that she has been published with their interactions of new technology and this new book of twitter and tear gas of course, as the assistant professor of Library Science and also faculty associate for internet and society at harvard. Please join me to welcome zeynep tufekci. [applause] so the topic is social media and the political mood of is it how did you come to write this book . Movement from turkey. Yes i actually started as a techn
Also some tech m a. Oracle buying netsuite for 9. 3 billion in cash. That makes it the second biggest acquisition ever. Thats behind the 10 plus billion dollar acquisition just over ten years ago. Just had a conversation with people familiar with oracle speaking on this and i was wondering right now because larry and his Family Organization connected to him own about 40 of netsuite. This deal looks more expensive than oracle has been paying for cloud acquisition. So why do this now . It turns out if you look at what oracle has been up to over the past couple of years, they have been building out cloud infrastructure. Paying a lot of money for the Data Center Resources needed to become the Cloud Company that they want to be. They needed to get there before they could do this netsuite deal and make it flow and work and create the company and similar to if youre building out hotels you need to build the hotels before you can have the tenants actually make money. Thats something behind thi
But first to our lead yahoo shares are lower in the biggest quarterly dip since 2009. Marissa mayer in her fourth year at the helm of the company with little to show for it. Yahoo still struggling to hold on in key areas like mobile advertising. Still wrestling with its thorny spinoff of the alibaba stake. This quarter is interesting. Going to start with alibaba. Quite literally the biggest and yahoo and its not a part of yahoo it all. This thing is looming. Theres a lot of questions about what is going to happen. We expect to hear something by the end of the year. Looks like were not going to hear that. Its going to get pushed out. The irs has waited. Cory they have waited and they have waited. You expect that they would give some sort of blessing, but it looks like to me, if i am a yahoo shareholder, im going to get this spin co and i have no idea what the irs is going to do that. And i wonder what it will be like from january to december because the taxes will not be due for a full
Yasmin vossoughian were going to begin first with what is now a tropical depression sally the storm made landfall yesterday morning as a category 2. More than 2 million lost power due to strong winds. Major devastation there. Water flooded the streets. The National Guard has been called in to assist with Recovery Efforts late last night the National Hurricane center said it was causing torrential rains i want to go to bill karins whos tracking the continuation of the storm bill, good morning to you. As we have talked about in the past, just because we have a Tropical Storm, it doesnt mean as its moving inland, it can cause major damage we saw yesterday how painfully slow this storm is moving. Painfully there was a ton of rain, water everywhere water rescues were taking place all day yesterday in southern alabama. Roads were washed out. Now were going to continue into the carolinas today. Its not going to be as bad, but there will be areas that will have to deal with high water and prob
71,000 acres. Its such a fierce fire in the way its moving, in the way its burning. They have no predicted containment date. Reporter today cal fire announced an arrest. Wayne Allen Huntsman of aptos was arrested on one count of arson. Prosecutors say he willfully and maliciously set fire to land around pollock pines. Youre darn tooting were glad. At least he wont set another fire. Reporter residents whose house are in danger say theyre glad the alleged fire starter has been caused, but the damage caused is irreversible. Theyre praying their houses will be spared. I was nervous when they came and knocked on the door and said get out. That was sunday night. And i went for real . He says yes. Its knocking at your door on those hill others there. Reporter nervous locals are trying their best to stay on top of the fires movements. This woman hasnt been evacuated yet, but she is packed and ready to leave if the fire shifts in her direction. We have all our stuff, you know, in there, papers,