But there is not much movement anywhere.
500 members, obviously nothing is up or down more than 4%. time to head west to our earlier additional "bloomberg west." ? right now we are waiting per the latest briefing from the san francisco police department on the crash landing of asiana flight 214. clipping a sea wall just short of the runway at san francisco international airport before skidding, spinning, and erupting into flames.
Two chinese teenagers were killed, dozens more were hurt.
The executive vice president was on the flight and we did minutes after the crash happened -- i just crash landed at asfo, everyone -- at sfo, everyone seems fine, i am ok, surreal.
Sheryl sandberg was supposed to be on that flight and posted this -- we switched flights so that we use our miles.
We were early and landed about 20 minutes before the crash.
Sorry if we worried anyone." as for what happened, investigators are focusing on the pilots, trying to determine why they did not react sooner . we will be looking at how flight technology could have impacted the crash.
Cory johnson is standing by at the san francisco international airport.
How is it looking today?
It seems to have leveled off a bit.
I have been here since 2:30 in the morning.
Crowds of people were here overnight.
As business travelers hit their in mass, those areas have cleared up.
Saturday morning in shanghai, starting off by any other.
As the flight unfolded, the ending was different than anyone would of expected.
It began in shanghai.
60 chinese students and 10 teachers were among those boarding for summer camp.
The plane stopped in sold to take on more passengers and began its 10 elah 20 minute flight to san francisco international airport at 5:04 in the morning.
The boeing 777 was one of the newer planes in the fleet.
One of the 12777's purchased in 2006. some carriers choose to cram them with many seats, but this flight was just 307 people.
291 passengers, 16 crew.
The sky was remarkably clear, fog free.
The tower in san francisco told pilots that visual flight rules were in effect, meaning private guide themselves to the runway without the assistance of instruments or traffic control.
At the last moment in their approach, there were clues that something was not quite right.
Showing a safer approach, the said -- this shows a save approached.
Here you can see the airplane coming in much steeper and the pilot trying to jack out of its descent.
Listen to this communication, seven seconds before impact -- someone says to go around, increase speed.
Air-traffic control warns other planes to avoid the runway.
Coming in to slow, too low, the tail slammed into the sea wall, short of the runway.
Two 16-year-old chinese girls.
As the fire department raced to the scene, they found smoldering ruins lying on the tarmac.
Dozens of passengers jumped from the airplane before the evacuation chutes deployed, some taking shelter in the water of the day.
Dozens more ran from the airplane.
All told, 182 survivors were rushed to local hospitals, a number in critical condition.
Samsung ceo snapped this picture.
He wrote -- in the middle of the smoldering wreckage, he used the correct if horribly ironic sfo twitter handle, flysfo.
We are waiting for the police department to give a press conference there.
There are still a lot of questions.
What kinds of answers are we hoping for?
One of the questions is not really related to this at all, but the horrible tragedy of the girls that were killed, there was some discussion as to whether or not one of the girls was actually run over by one of the emergency vehicles.
I think we are hearing the sound of the press conference right now.
There was concern about that, whether she was injured by one of the vehicles responding.
As well as any other information on what caused this plane to crash.
I want to take a quick minute to listen in.
I want to provide the opportunity for the first responders, true heroes who helped the passengers off in a chaotic circumstance, interact directly.
The goal would be through the narratives of the conditions that we face in strategies we have put together, the organizational structure addressing what we had to deal with on saturday.
The other thing i wanted to deal with was to let you know that there has been information in evidence to suggest that one of our apparatuses may have come into contact with one of the victims at the scene.
I will have one of the deputy chiefs address the steps that we took when we found out that that might be a possibility and assure you we are working closely with the ntsb as they conduct their investigation of all aspects, particularly this aspect.
As we said on saturday, our hearts go out to those who suffered losses.
Given the circumstances on saturday, i had the opportunity to visit some of the patients on saturday night.
For nominal work by san francisco general -- phenomenal work by san francisco general.
As of yesterday there were 19 still in the hospital.
Incredible team work was displayed, everyone rose to the occasion.
I could not be proud of the numbers in my department for the display and professionalism, the training they did to basically say of many, many lives.
With that, i would like to be able to introduce the assistant chief overseen division 3. once we knew we had been overwhelmed, 100 and members came down.
The incident commander will give you an overview of how he set it up organizationally, the response.
Good morning, everyone.
My name is tom sir aguha.
Saturday, july 6, as you know at about 11:35, i was working in the mission district.
As the chief said, the airport had an incident of this magnitude, that dispatches said it -- center districts -- you are listening to the assistant chief of the san francisco fire department speaking right now.
One of the big questions we are all waiting to hear in answer to whether or not a fire truck or an emergency vehicle ran over one of the victims or chinese girls who passed away as a result of this crash, we will keep you updated on the important details as we hear them.
Right now i want to bring in the man behind the miracle on the hudson landing, capt some burger -- sullenberger.
He successfully landed a flight on the hudson river in 2011, saving everyone on board.
Best known as sully , he joins me now from new york.
Obviously nearly 48 hours have passed since this plane crash.
There has been a lot of speculation.
We have seen video of the crash itself.
From what you have seen and heard, you know better than anyone what happened in that cockpit.
What do you think went wrong?
Good to be with you.
I just left san francisco for york and saw the scene from the cabin window.
You are right, i am one of the few people who has been on both sides here.
When we were party to the major investigations with the ntsb, and of course as someone who has had one of their flights be the subject of a major investigation, i know very well this procedure that they go through.
It could take up to 18 months, they examine all the evidence, interview everyone involved, and frankly for the pilots the investigators will spend a period of time scrutinizing every thought they had, every choice they made, every syllable they uttered and action that they took or did not take.
We are at the very, very beginning.
Much has been learned.
It is information, details.
Not really answers yet.
We do not even know what the most important questions are going to be.
Over weeks and months, we will get answers and it is important to understand that what the ntsb knows they must do is figure out not only of what happened, not only how it happened, but why it happened.
That is what we will do to solve these underlying issues.
As you are saying, capt., so many unknowns.
A lot of people pointing to the pilots.
Does it appear to you that pilot error played a factor?
That is an obsolete term.
It is about human performance for the pilots and everyone involved.
Obviously this is going to involve a lot of human factors.
The science tells us now that human performance is a variable in situation dependent.
We will spend a lot of time with investigators giving a lot of training information on what was not sufficient, what did they have the right experience, where they properly supervised, were the group -- protocols in place to prevent situations like this from developing a teco here is one example -- we have certain gates -- developing?
Here is one example, the aircraft must be at specific speeds, neither too fast, too slow, too high or too low.
If it is not stabilized at that point they are required to abandon the approach.
We need to find out what the human factors were that would have prevented this timely response outcome.
All right how capt.
We will be back after this break.
This is of course a technology show in we will be talking about how technology could have helped with this crashed -- help or hurt in this crash landing.
Back in a moment.
? ? welcome back to "bloomberg west." we turn back to our special coverage of this weekend's dramatic crash landing at san francisco airport, of which left two dead and 180 passengers and injured.
We have capt.
Sully's alan berger -- sully sullenberger.
At this point is not clear if the cap -- if the pilot -- the plane was on autopilot or not.
Is one way safer than the other?
Right now we have the technology of human system.
Both parts have to do their roles.
They have to be a good match.
Certain skills are attributable to pilots who are good at adapting in seeing things for the first time in finding a way to solve them.
Technology has a good way of finding things that can be foreseen, preprogrammed.
There are technologies that can help us in the cockpit.
One example is at most major airports there is a device that will provide an electronic vertical path to the broadway.
A very precise want to avoid obstacles and land on the runway in the proper place.
Unfortunately because of the airport construction at san francisco, the device was not operable that day.
That is one less technology available to these pilots.
Are you talking about the glide slope indicator that was turned off at the time?
It had been turned off for several days.
You think that could have been a problem?
I do not know if it was a problem, that is just one factor that may look at.
This was an overnight flight.
10 hours, landing in san francisco at 11:30 in the morning.
The bottom of their alertness and performance in their schedule overnight, i would have used -- had it been available -- all of the available resources to help me to guide the plane to the runway.
Helping to get to the correct path would have been easier.
It is too early to say.
We know that visual flight rules were in effect.
Does that mean that technical instruments are not being used at that time?
Visual flight rules means you have been enough visibility and cloud height that you can fly without instruments to reference the runway.
Especially as a pilot who might not have had much experience with this type of airplane, having an electronic glide slope would have been an additional.
That is one more bit of information that we know that we did that have available.
There are other devices that could have helped them find the right path to the runway.
More importantly, we have protocols in place at all major airlines to work together, support, and help each other with checks and balances, making sure that the human factors were.
I know you have landed multiple airplanes there, i know i have landed there multiple times.
There was one specific time where be wintering in for a landing and the pilot aborted.
Multiple producers on my team have had similar situations.
Is san francisco a particularly challenging airport?
In some ways, it is.
Actually the faa has designated it, among other airports in the country, as being what they call a special airport.
Under our rules, a u.s. airline in this case, with someone new to the airplane, without 100 hours of experience, under our rules they would be prohibited from flying, taking off, or landing at special airports.
When i flew four years ago on a series of flights that led to the hudson river landing, i was with someone who had been a captain and it was his first week of flying the airbus after having trained for a month in the simulator.
He had flown one week before with an instructor flying with him.
When he flew with me that week it was his first unsupervised trip on the airbus in he could not land at some of the airport -- airport we went to because visibility was too low or because they were contaminated with snow or ice.
San francisco is a special airport because of the terrain.
As we mentioned earlier, there are still a lot of unknowns and an investigation that is going to take months, if not a year.
At this point, did you feel the crew is being unfairly blamed the?
We should not be in the blame business at all.
If there is anything i have learned is we have to transition from the battle days of a culture of blame and instead of asking who did it, stop, we need to ask what happened and why did it happen.
That were short-term and never addressed the underlying issues.
The pilot may be being the last one to be of a chain in a link.
We have endeavored to do our best.
Instead of assigning blame, that the ntsb finds probable cause and make recommendations.
I have two responses.
First, way too early.
Second, it is never that simple.
It is always more than just one thing going wrong.
It is a series of things in aggregate.
All right, captain, thank you so much for sharing your thoughts with us today on "bloomberg west." you know better than anyone thought might have been going on in that cockpit.
Still ahead, what technology was available on the aircraft that could have helped the pilots in those final moments?
We will get to that part of the story, next.
? this is the early edition of "bloomberg west." you can also catch as an hour later time, 6:00 p.m. eastern . deirdre bolton is with us in new york.
More violence in egypt.
50 people have been killed, hundreds more hurt in clashes between the army and supporters of the president.
Edward snowden has until today to respond to the offer of asylum.
The president of u.s. says that he supports venezuela in its decision to offer asylum but did not say if cuba would offer it as well.
Snowden is booked on a flight from moscow to havana, but never got on the airplane.
President obama said that one of his second term goals is to make government more efficient.
The president said that he is leaning 43 fellows to study government efficiency.
-- naming 43 fellows discover governor -- study government efficiency.
Those are your top headlines for the hour.
To be too caught up on the headlines, dominic chu has more.
-- to get caught up on the headlines, dominic chu has more.
The nasdaq, dipping into negative territory.
The dow jones is up 67 points, about half of 1%. three stocks he will want to keep an eye on today, we will start with alcoa.
Those shares are in focus today.
They are the first ones to report among the large u.s. companies.
There is some optimism ahead of that about being up 6/10 of 1%. also, health care partners have begun their seventh biggest dialysis partnership in the country.
If they boost their shares in the company last week's, remember we told you that they took a hit in proposed cuts to providers, berkshire hathaway purchasing almost 2% of davita.
Price line.com, and stanley says that they thought this would be a $100,000 stock.
That is their new price target with an upgrade of outperform.
Again, emily, 3 to watch in the green.
Keep an eye on price line with alcoa kicking off the earnings season.
All right, dominic chu in new york, thank you.
Now to the deadliest plane crashed at san francisco airport and what exactly happened in those final minutes.
We do know that one navigational technology that helped commercial pilots steer to safe landing was not operational.
It helped planes land.
It could have helped on a clear day.
I know you heard the captain speaking earlier.
How much did you think that having the glide slope indicator on would have helped?
It would have helped.
The bad news is that the ntsb has been highly critical of modern pilots, flying by computer, ipad in the cockpit.
The ntsb has questioned whether we have lost our stake in broader flying skills.
On the day of the crash that was what was needed.
With visual flight rules in effect, are some technological tools not still being used?
Well, they can be.
It is up to the pilot.
You can still get the proper glide path with the angle you were taking down to the runway with air speed, you can get that down to the flight, researching where you should be hiding.
That relies on keeping your attention glued to the instruments, altitude and air speed.
It was only seven seconds before impact that they commented to each other that they have lost their air speed below.
They were either in hot or slow and low, which was very dangerous in this instance.
Of course, they were getting improper, erroneous errors be readings.
That would be a problem with some of the instruments.
If they had a malfunction, there was no instant -- no indication that there was.
1400 reporting parameters, meaning that they to pieces of data from 1400 parts of the aircraft, the ntsb probably already knows if all of those things were working.
As you say, it does not appear that there were any mechanical injuries, the slope indicator was off.
Captain selmer was cautious about passing blame.
Did it seem like pilot error was a factor?
It did, but also in a modern airport you expect to have the technology.
As the captain mentioned, different airlines have different rules.
This is full of comments about how our own airlines would not have allowed us to land.
We needed more implementation and hours.
Only having 44 hours, we do not know how many of them were autopilot or simulated?
Of we just do not know if those are what they were.
If you have enough hands on flying time, it would be doable.
It would be critical, allowing these to go on, doing it without instrumentation.
There is a question about the vassi that tells the pilot if you are too high or too low.
The old saying is read over white, you are all right, read over read, you are dead.
Once the air traffic controller says to the pilot -- you are clear for visual approach, the pilot except the visual, the obligation is on the pilot.
It was noticed in something like the note where the pilot knows it is not working.
In the question of who is at fault, would you say that multiple parties appeared to be at fault?
At this point airline is at fault.
They are responsible for their airplane and for the training systems that put the pilots and -- in those situations.
Will other parties also share the responsibility?
The airline will be found, i suspect, by the national transportation safety board to be the primary cause of the accident, the number one.
The triple seven has a great record, so great that you will be looking at the survivability.
There are seven different teams out there looking at different aspects of the crash.
How do you expect this to play out?
How long you think it will take before we have an answer?
The ntsb has a legal obligation to keep the family briefed.
With black boxes, as sophisticated as this one, they have already downloaded the day that.
I suspect that they will have more in their briefing.
By the end of the week they will have in their minds what they think that this was.
They will probably not announce to the public, but i suspect they will already have a good idea.
Wonderful stuff, within those parameters.
We are waiting for another ntsb press conference in just about an hour.
For the u.s. department transportation, thank you for weighing in.
Still to come, 900 million android devices might be vulnerable to hackers according to a recent report.
We will explain why, next.
? ? this is "bloomberg west," streaming on your phone and tablet.
Coaches and mobile security for enterprises, they said they have found a vulnerability in android security models.
Hackers might be able to modify an android code allowing them to turn applications into malicious trojans.
It could affect 99% of current android devices.
Here to help us understand what it means for users is adam, the co-founder.
First of all, what are trojans.
It allows a hacker to steal a device.
Are you saying you have a problem?
90% of the markets of android devices are all hon.
To this problem.
This could take over your device.
It seems like a big deal.
Someone programmed a fake into the android operating system.
We thought we were highlighted in work with manufacturers to make sure that these -- the public can better protect themselves.
Have you been working with google?
Google and manufacturers have been working well with us for the last five months to make sure that these fixes get out there.
There are something like 900 devices out there that are affected like this.
Once the past and the fix was in place, enterprise wanted to understand the data and individuals wanted to understand their personal data.
You discovered this five months ago?
Roughly that is when our first team came across this.
Google put a patch in place already.
Five months seems like a long time.
If it was that big of a deal, why wait five months to tell people about it and why was it not fixed sooner?
We always have a tricky relationship with disclosure, if we tell the public too early, hackers can also take advantage.
We are going back to this press conference, you will have to hold that thought.
Let's listen to the service responders now.
From the police department and the fbi, we have been made aware of the situation.
As you can imagine, once the scene was safe and the aircraft was considered secure , we had all of the people transported of the initial seen.
It became a part of the formal investigation.
The fire department directly supporting not only, we the police department, but also ntsb in the coroner's office in this investigation.
We are also conducting an internal investigation of our own trying to clearly establish the facts of what happened.
You can imagine dealing with an active aircraft fire in the realm of 300 victims.
At this time because we have not clearly established those facts, we cannot give the answer those questions and anything at this point would clearly be conjecture.
We are just not willing to do that.
Once the investigation is complete and we have met with all the stakeholders involved with those facts, we will pass that information on.
Thank you, chief.
We talk about it a lot.
Not only professional colleagues, but good friends.
I cannot say enough about the gentleman standing behind me.
We joke about it sometimes, but it is the truth, he is by public safety partner.
Their role was tremendous that day.
San francisco fire officials speaking there about the aftermath of the plane crashed in response to questions of whether an emergency vehicle ran over one of the victims, one of the passengers who passed away.
They may still have to gather some facts before they can say what exactly happened.
They say that they will give us that answer once the investigation is complete.
Back now to blue box ceo, adam eli.
We were speaking about 99% of these funds having this flaw that google is starting to put out fixes for.
What are they supposed to do right now?
They should take this opportunity to build a strategy and believe figure out how to address this.
We put out a check list this morning said that they can understand how to address this.
The biggest thing right now is to look for the updates and be vigilant in what they download until those devices are updated.
Thank you for joining us today.
Coming up, more of "bloomberg west" in just a moment.
? ? first, bloomberg.
? this is "bloomberg west," on bloomberg television, streaming on your phone, tablet, and bloomberg.com.
"the lone ranger," struggling at the box office, a total take since opening at about $49 million.
Given its $225 million budget, analysts see this as a right now ahead.
Jon erlichman joins us now from los angeles.
The numbers do not sound good.
Obviously the firm has longer to go, but how bad is it for a first start?
That challenge with a film like this starts with in the production budget.
We have heard for a few years how much this would cost, that it has elaborate sets.
A great film to watch in terms of seeing what they do with that money, but when you spend more than $200 million to make a film before the marketing, that creates a high hurdle.
Generating it over five days is not shabby, but it is a long road ahead.
It is always an intangible story.
Are people going to see the movie?
Some people are saying maybe this is a story line that not enough young people are familiar with.
At the end of the day, though, the story of the summer has been super heroes and animation.
Disney has already had a couple like that, this one might fall in between.
You get the sense that disney might get stricter going forward with marvel movies, pixar movies, and lucas film, which they just acquired.
Universal had a big winner over the weekend with the "despicable mea 2." you are talking about doubling the production budget at the box office.
For universal, ultimately owned by comcast, this is a legitimate franchise.
They were able to show a lot of merchandise and generate revenue from that.
You will see revenue in these ahead.
A marketing strategy here is a simple one.
Spend a lot of money, do not talk a lot about what these films are about, just say that these guys are back in theaters.
Jon erlichman, from los angeles, thank you.
Coming up, the san francisco fire department, giving you details about the deadly crash that killed two of this weekend.
The latest from that press conference, next.
? ? welcome back.
Coming up on the late edition of "bloomberg west, close to what we're live up from the san francisco international airport -- ," beer live from the san francisco international airport -- ," we are live from the san francisco international airport.
Coming up at 6:00 p.m. eastern, 3 if r.p.m. pacific.
Back to our coverage of flight 214 at ssfo and the impact on -- at sfo and the impact of the tech community.
Why did they not react sooner to the critical loss of their speed?
Cory johnson is there live.
You were listening to that press conference with san francisco first responders.
Of course, we did not get an answer to the question that everyone had.
Did they run over the victims that were killed?
We have heard a lot at this press conference.
The stories from the firefighters about arriving on the scene were just amazing, describing what happened when they got called.
One of the first firefighters in the scenes they described, the rescue in firefighting vehicle, top-heavy, racing down the runway.
She gets there and as they are trying to qualify, it is full of fuel.
Charging up the evacuation chutes, saying that if he can do it, i can do it.
The same thing with all of them,