>> this is your first world news. turkish president president erdogan has followed his win in a referendum that if it is a premises of israel by taking in a political opponents at home and abroad. at his victory speech last night supporters chanted that he should bring back the death penalty a move that would finish their day to join the european union. he also warned punishment about challenging the legitimacy of his wing. -- his win. >> i hope today's constitutional changes will be good for the country. our nation voted with free will changes which has been approved by parliament. >> in south korea u.s. vice

president mike pence has encouraged china to take action against the north. his comments came during a visit to the dnc one day after the north korean regime find a ballistic missile. he also repeated president trump's warning that the u.s. would deal with china if necessary. donald trump has explained that the decision not to label china a currency manipulator is a result of receiving help. the comments were the first in response to a failed missile defense. by not labeling the world's second-largest economy as a currency manipulator he has reversed a promise he made during the election campaign. china's growth accelerated for a second straight quarter as investment cap and retail sales rose.

china's rebound has produced a prices climb and search in credit fuel investments. credit tomatoes in march but the broadest lending increasing more than estimated. shadow banking, -- shadow banking, something they have promised to curtail. in number of people killed thosenka, let's check out moving in the region. some of the assets. --had the lira searching surging significantly on the back -- let's go back to sri lanka. -- the turkish lira is

strengthening further against the dollar, up by a must 2%. the yen is strengthening at a five-month high. i will be back in half an hour. this is bloomberg. ♪ oliver: welcome to "bloomberg businessweek." i am oliver renick. we are coming at you from the magazine's headquarters in new york. the satirical newspaper striking fear in the hearts of french politicians. what the maker of post-it notes is doing for government issued ankle bracelets. finally, the most expensive mistake for the u.s. military. ♪ carol: we are here with megan murphy, editor-in-chief of "bloomberg businessweek." so much this week. you guys take a look at stents. they can be so crucial in stroke

recovery. not everybody has access. >> this is a story that looks at that looks at these, relatively -- megan: this is a story that looks at how stents which are relatively cheap, not a huge amount of money. $8000. when you have a stroke, this be they can alleviate that pressure, bleeding on the brain is crucial to recovery, but what this article talks about is how the injection of these metal stents are not common because -- -- because there are only about 115 stroke-specific care centers in the u.s. paramedics are usually the first responders and will make a decision and evaluate somebody. if you don't go to one of those specialist centers, you are more likely to get a drug. the stents are more effective and lead to better recovery than the drug, but with our aging

population and the demographics growing older, we don't have an laugh drug-specific centers. oliver: shifting gears, there is an interesting story that a lot of americans don't know the implications of this magazine in france. tell us about the duck. megan: use your french here. le cunard, the duck, it is a fascinating story because it has proved to have a huge effect in this election. the favorites moving down, scandals uncovered, the left making a surge, but also the

other thing is that it is a print publication with a minimal digital presence and makes 25 million dollars from a print publication. it has a long tradition, similar to private eye or spy magazine, trafficking in tidbits about the elite. they were the first ones who uncovered that fillon was paying his wife. they have gone in and taken down power. they say they are to serve neither the left or the right, and they have proven that. carol: the f-35 program, eight

years, $1 trillion, and still there are questions. megan: this is the latest in a long line of great pieces exposing inefficiencies in the pentagon process. this is one that has gone through so many iterations. the issue when you are redesigning aircraft carriers, f-35, air force one, so many people want different demands from what this product is. there are four service divisions in the u.s. each one wanted different capabilities for the plane. i couldn't believe it when i read this this plane can land like a harrier hovercraft, essentially come down like a helicopter. but the technical requirements and each level of service coming in and demanding different things, drove the price up, the contract, complicated it. and no one can keep up with it and then you get to the point that it can't keep up with what you need after seven years on it.

oliver: we talked to two reporter paul barrett. >> the f-35 is perpetually in focus because it is the single largest procurement ride the pentagon ever. once you fold in the upkeep of the plane in the future, it will approach and exceed $1 trillion. so anytime that kind of money is floating around, people are going to be looking at it. president trump has been focusing on it, talking about it a lot, first down playing it and insulting it in his fashion, declaring now that he is involved that it is a fantastic fighter jet. we took a look at whether it is a fantastic fighter jet and discovered it has some performance problems. carol: tell us how long this has been going on. >> it began with a competition between boeing and lockheed, and lockheed was declared the winner

and had the opportunity to build the f-35. the idea was that it was one common plane that could be tweaked to be suitable for the air force, the marine corps, and the navy. carol: one size fits all or whatever. >> exactly. that was the way the pentagon was going to afford a massive replacement of cold war era planes. the original plan was for more than 2400 of these planes to be built for all three services that fly fighter jets. almost inevitably in the 2000's as a plane with that much money ran into problems. the degree of what he designers call commonality among the three

variants turned out to be something approaching 25% as opposed to 70% or 80%, which was the original plan, so the economies of scale when out the window quickly and costs began to overrun targets and delays set income now amounting to seven years. oliver: it was let's build one model, but essentially making three different planes. >> that was basically it. oliver: that contributes to the prize because you have to have changes for each plane. so where did that bring the total cost to now? where is it right now in terms of where it is and where it was supposed to be? >> original estimates were the program for development and acquisition would cost of $200 billion. that figure is closer to $380 billion. you have to factor in inflation, so that is a 38% increase, but the biggest cost and the figure

taxpayers should pay attention to is how much it will cost to sustain the plane and keep it in shape and keep it well-maintained and fly. that amount could exceed $600 billion over time. oliver: up next, who is to blame for sluggish u.s. car plants. and h&m is chasing its shopper'' parents. this is bloomberg businessweek. ♪

♪ oliver: welcome to "bloomberg businessweek." how changing consumer tastes is affecting u.s. car plants. >> it is always a supply and demand issue in the industry. it takes years to build

..factories, and they try to produce hundreds of thousands of vehicles all the same, and they have to project those years out, and consumer taste can swing dramatically, so we are seeing sales pass that the come and the decline has come from midsize cars such as the camry, accord, compact cars that are kind of large for compact cars, civics and corollas, ford focus. those cars are not selling like they have been selling for years and years. they have been displaced by suv's. oliver: i like the story. it is directing go straight to the numbers. give us some perspective on those numbers. that is basically that sedan market. >> those are mainstream, family cars. the malibu and fusion are midsize sedans, the same size as a camry or accord.

the prius is smaller. it provides and is used as a family car. these are mainstream family sedans replaced by the compact crossovers, a honda crv or ford escape, smaller than a big truck suv, but something more like an old station wagon used to be. oliver: if you are donald trump or are looking at the industry as an analyst, what does it tell you when demand shifts? there is demand, but just different types of vehicles. what does it mean for american manufacturing? what those cars be coming from

somewhere else, american-made? break that down. >> the big issue and debate investors have with the market is whether this is a little bit of a softening and a plateau where we have had record sales for the last two years, and unprecedented streak of seven years of sales growth, so now it looks like we are over the top. will it be a traditional cyclical contraction? or is it going to bump along for another three years or so? a lot of folks in the industry are confident things will stay where they are on a volume basis, maybe eat into some of those profits. we have seen warnings from ford and the like about how much

tougher of the competition is getting, so maybe volume stays high, but the profitability shrinks. oliver: those numbers are the demand side equation. the supply side of the equation, how does that factor into this in terms of whether the supply is there, whether or not to meet that volume, carmakers need to build new plants, hire people? >> because we see that sales have stopped growing, it will not keep going straight line up to 20 million a year or something. people are putting the brakes on manufacturing plants. the expansion plans that have been planned are going forward and they are executing, but nobody is no one is planning to build a new one billion-dollar plant. oliver: h&m is going after a slightly more mature audience. we talked to reporter robert williams.

>> it is the world's second-biggest retailer by sales. it is a big fast fashion brand and became known of the past few decades for being able to quickly copy runway trends and sell them in their stores and a cheaper version am a but they also have known as a value retailer with a low price point where a lot of young consumers go to shop. oliver: there is one in our building. it is a great place to grab a quick shirt if you are in need. that has been their market, find what is popular, make it accessible, and make it accessible to younger people. as you point out, that is changing. >> right now and they are working on developing other

brands that have a premium positioning. the slightly more expensive brands are able to attract older customers, people with more purchasing power, and that can be interesting for h&m because the value space has a lot of competition in it. oliver: when we talk about h&m, the new products, this will be under a different brand. this will not necessarily be the h&m that you see. tell us how it breaks down in the organizational structure. >> most people probably won't he able to tell that the secondary brands are a part of h&m. this is going to be a store, a new store, called arket, will have a higher price positioning and have clothing for men, women, and children, simple essential clothing versus fashion and trend items. they will also sell products and home brands like pepper grinders. oliver: i liked that you go into the etymology behind the name, which speaks to the essential nature of those clothes. the etymology that means "sheet of paper." what about companies like michael kors? as they expand, they lose that appeal. is the opposite the case?

>> i don't think so. right now what we are seeing is that premium niche brands and lifestyle brands, brands that offer instead of a trend or fashion, instead a total package for a certain aesthetic. so you know, everything somebody is interested in the outdoors, or a young family in the city that likes rings that are clean and minimalist, which is may be the target of this new concept. that is a space were you have more power to create something new. oliver: up next, how to hack your way out of a full-time job. taser changing its name and more. this is bloomberg. ♪

oliver: welcome back to "bloomberg businessweek." i'm oliver renick. you can also catch us on the radio at sirium xm. also in new york, washington, boston, and london. in the technology section, some of the country's top coders have found a way to avoid the 9-to-5. >> a hackathon does not mean breaking into something. hacking means to put something together out of existing pieces to create something new, so like a marathon building session that lasted from 24-48 hours. oliver: not all hacking is bad. these are engine years that our building projects and doing it as part of a tournament. tell us where these events began.

>> anyplace with a large area like an auditorium or conference hall, wi-fi and bathrooms, fair game. oliver: and a supply of doritos and red bull. but what's really cool about this is it is sort of a replacement for full-time jobs. tell us how who is going to hackathons, how they are making money. .>> for some people, -- i would not say it is super widespread, for there are people who have made a full-time living, supplementing contract work.

typically what will happen is they will go online or hear from friends that a hackathon is occurring, and based on how close it is to them, whether they have to pay for airfare or not, they will get together a team and bring their sleeping bags, usually not their toothbrushes, laptops, sensors, phones, power cords, show up and start hacking for bragging rights, but to your point, for prizes, and some prizes can get big. oliver: are we talking about students, engineers that have graduated? this is sort of their full-time gig. who are the participants for the groups you are watching? >> i watch both. there are academic hackathons sponsored through major league hacking, like sports for programmers. i think there was 170 of them scheduled for 2017 calendar year, so that happens at

universities all around the united states and even the world, so 170 in north america alone for 2017, and there are more in addition to that. that is the academic type, and typically those are for bragging rights and to look appealing to recruiters, because large tech companies like facebook, uber, google, microsoft, ibm all go to these hackathons to keep their eyes on the next up and rising talent and promote their technology. there is another type where

large prizes are at stake, salesforce famously threw one in 2014, a $1 million first prize. they discontinued that because they did not get out of that hackathon what they wanted to, so i guess they figured the roi wasn't worth it. but other ones have continued like hasbro, procter and gamble just threw one, ibm, watson ai x prize. a $5 million prize over three years. oliver: also, taser was to change its name and what it is known for. >> taser has been around for 20 years. everybody knows the stun gun. for years, they have been trying to come up with a second revenue stream that could match that. they finally hit their stride with police body cameras. particularly since the shooting in ferguson and other places across american, the demand for police body cameras, and they were one of the first companies

to have a viable product that could be rolled out at scale. the doj put money find this. they have a division that makes police body cameras and all the associated cloud computing software needed to manage the digital footage people have, so basically that has been the fastest growing part of the company and they see that as a way to expand, so they announce this plan to change their name from taser to axon. they changed their ticker and now they really see a lot of their growth potential to be coming from their body cameras. everyone is still committed to the taser, but they see growth potential coming from the body

cameras and this digital management of evidence and digital life of a police officer. oliver: this is very interesting. i feel like there are very few instances where the name of the company is the product. i remember the "don't tase me, bro." what was it along the way that happen, an opportunity? where is the impetus for the change coming from? >> actually i think it was the "don't tase me, bro" that started it anyway. they were facing a lot of lawsuits and a lot of public scrutiny for injuries and death. there was a lot of debate about

cause and effect, but they were facing scrutiny regardless. they developed a taser camera that activated when the gun was activated, but in only captured the moment when they were tasing someone. it was a highlight reel of people getting tased. bit of it but they really wanted to capture what was leading up to tasing. so they started to develop a standalone body camera. the first one was clunky and had three big components and took a while to get what is now the axon line. they have two versions, a body camera that mounts on the chest, and one that mounts on oakley glasses. trying to protect themselves and customers from lawsuits is what first got them into the body camera line, but then they just got the product in good shape right when ferguson happened and

this greater scrutiny on policing exploded, so it was good timing for them in that sense. oliver: up next, the state of north carolina says no thanks to fancy money managers. 3m struggles in a high-stakes market. this is "bloomberg businessweek." ♪ i've spent my life planting a size-six, non-slip shoe into that door. on this side, i want my customers to relax and enjoy themselves. but these days it's phones before forks. they want wifi out here. but behind that door, i need a private connection for my business. wifi pro from comcast business. public wifi for your customers. private wifi for your business. strong and secure. good for a door. and a network. comcast business. built for security. built for business. ways wins. especially in my business. with slow internet from the phone company, you can't keep up. you're stuck, watching spinning wheels and progress bars until someone else scoops your story. switch to comcast business. with high-speed internet up to 10 gigabits per second.

you wouldn't pick a slow race car. then why settle for slow internet? comcast business. built for speed. built for business. >> this is first word news. the president has followed his win in the referendum and has taken aim at political opponents at home and abroad. supporters chanted that he should bring back the death toalty to finish off the bid join the european union. challengerned to not the legitimacy of his win. i hope the changes are good for the country. the nation showed maturity by voting on free will.

>> mike pence has encouraged china to take action against the north. he visited the demilitarized kim regimeafter the had a missile test. there was warnings that the u.s. would act without china, if necessary. down trump has explained his decision to not label china as a current seem and appear later is -- by not labeling the second largest economy as a currency , trump has changed a campaign promise. gdp expanded from the year earlier and the asset

investments group. retail fell. the china rebound -- credit remained open in march of newe broadest measure lending increasing more than estimated. is from growth in demand slowed and to the slowest pace since july. the lira is stronger against the dollar after the win. holding and yen is you see these yields coming off flat as they market reopens. the crude contract is the lowest

i will be back in half an hour. >> welcome back to business week. finding out what is really at stake with ankle monitors. we will look at ties between the white house and russia. all of that is ahead on bloomberg businessweek. we are back with megan murphy to talk about some more in this magazine. this goes with the topic you have been exploring. this is about a treasurer who is

taking a passive approach to the pension fund. >> this is an interesting megan: he is taking an active approach to making his management passive in the state. we have some great images of the treasurer of north carolina. his view is that we are being ripped off. we pay for active management fund. we want to take that down. we want to shift our management to passive management. we talked a lot about this, this is not a shift that is new, we have warren buffett being one of the public champions of the shift. we are seeing a shift this way. this is a microcosm of a larger shift being felt throughout the management industry. >> there are some long-term contracts that have locked them in. >> they are arguing that they are our most favorite nation. this is a bad move. something that long-term contracts make it difficult to unwind.

we do think that when we look at the trend, we see the markets doing what they are doing, that is to continue to be on a pretty good tear. people are wondering if we will see the end of this. this debate over what we are actually paying for, this is something that -- it is the huge funds that we all know about. >> we always talk about a macro, top-down conversation. this is a very intricate look at what it means to actually make the switch. i think we will surprise a lot of people, the industry for ankle bracelets. >> this is the company we all know for scotch tape. this is the company that actually pioneered breakthrough things. one of the martyrs they moved it

into, this is the middle part of this decade, it was security monitoring, ankle bracelets. inmates out on parole, people suspected of a crime, they are wearing it. this is a growing market has they try to move the population. the issue is that the technology they were using simply did not sink up, particularly in the state of massachusetts where they had a large contract for these ankle bracelets. it came down to something very pedestrian. this is the q g model of the bracelets.

it was not compatible with some providers and also the 3g system. it would not be registered on the network. when they were not, alerts would be sent out to law enforcement that they were in violation of their parole or many times law enforcement would be so inundated with these alerts that it led to more confusion and arrest warrants. some people are being put behind bars because of this technology. >> we caught up with a report on this. lacks this is a multi-international company. they actually make several industrial products in all kinds of industries from oil and gas, mining, medical devices -- one of the industries they got into was the safety and security

business. they have been involved in the electronic monitoring device business. this is the ankle monitors that are used to monitor prisoners, parolees, people on probation, that type of thing. >> as it turns out, maybe they are not as good at taking and maintaining ankle bracelets as they are posted notes. jokes aside, this is a serious consequence attached to this. >> i think it has been an uphill battle for them. this is definitely a business that is a little bit too far from their core competency. it has been a bit of a struggle, the technology has evolved. they didn't adopt the newest technology at the quickest pace. that put them in a couple of difficult situations. lacks -- >> it is a billion

dollar business for all of them involved. take us back to clinton, massachusetts where they were overwhelmed by problems with these bracelets. it was staggering. it led to people out on parole -- alerts going off when they shouldn't have an being put back in prison. >> this was the pinnacle of the problem they experienced. right after they acquired the business, the technology they had was an older technology that was designed and only compatible on certain cellular networks. the way the device works was collect satellite signals for gps. it stores the data on the device and sends it to the monitoring center. in this case it was clinton massachusetts. it is a placing a phone call to

see the advice of the authorities monitoring the offenders. it was only compatible with the at&t network and the t-mobile network. the problem was that there were rapid upgrades. they were upgrading to 3g. at the time, the 3m product was only two g. the product was not compatible with verizon which was rapidly becoming one of the largest, if not the largest service provider in massachusetts. these offenders were wearing the echo monitors and were not able to connect over the cellular network oftentimes. or, they were not able to obtain a gps satellite signal. when that would happen, it would generate an alert. the alerts were not necessarily due to the fact that the extender was doing something

wrong. they were violating the terms of parole or trying to mask the cellular network. what happened was as the center and the state of massachusetts were trying to figure out how to handle this, a lot of people ended up being arrested. they would issue arrest warrants. the authorities could not figure out if it was a technical glitch or if it was the offender actively trying to do something that required them to be in violation of their parole. >> there has to be some legal investigation happening here. i know that you mentioned some of the lawyers representing offenders who have been subject to either a return to jail or parole violation because of this technical glitch. what is happening on the legal

battle right now? >> it is on a case-by-case basis. you have to keep in mind to the audience is. a lot of the people, they are criminals. this is not a savory bunch of people. a lot of them have committed serious crimes, including murder, sex offenses, they are not the most sympathetic crowd. they often don't have the resources to both -- follow through on these types of things. there are several people who have looks into lawsuits or who have challenged the accuracy. there haven't been a lot of victories. i think it is too soon to say how this will involve. there are criminal defense attorneys who have had dozens of these cases.

primarily they just try to get them off, rather than saying we will challenge the accuracy of the device, what we have been doing up to this point is trying to challenge the accuracy of the device and saying that my guy doesn't deserve to be in violation of parole. i think that is where it is at at this point. >> up next, a investigation into the donald trump administration's ties with russia. this is bloomberg.

oliver: welcome back to bloomberg businessweek, i am oliver renick. the investigation into rush upon -- russia's interference in the u.s. election -- here is the report.

>> the obama administration concluded that yes, russia did attempt to interfere with our election and it did so to benefit president trump. we have to congressional investigations. it is the job of the fbi -- it is the job of these investigators to answer the question whether there is any evidence that suggests trump associates had anything to do with -- any knowledge of these facts laid out by the intelligence community. russia willfully interfered with our election. the real dynamite will be whether we find any evidence that ties this back to the president. there are a lot of questions

that exist beneath that about whether it was the campaign for the administration -- they had any knowledge of or any dealings with these russian hacks. >> i think part of the general confusion is these parallel investigations that are happening. what do we know about the difference between the two? >> we have to congressional investigations. they have a lot of authority to bring people into a public hearing. we have the house and the senate. >> they have devolved into something that has lost a lot of credibility. it seems they have been trying to pull this investigation into the realm of looking at the allegations that president obama wiretapped him.

he is trying to pull that into this. >> it is unusual for the head of the committee to go to the white house. >> and mrs. al qaeda questions about who he is serving. is he elected by his constituents or serving the executives? your to chairman there, the democratic cochair is mark warner. they thought this would wrap up by summer or so. this is going to take months and months. we will not have any sort of report before the end of the year. what is interesting is their ability to access this raw intelligence that exist inside the cia. it is very limited. every day, the senate

investigators, they have seven staffers that work for this committee. every day, they go into the cia to go to a secure room and go through binders. theory thick binders of what is probably some of the most secret information that exists inside the country's intelligence committee. they can bring no electronic devices into this room. they are literally going through hard documents. reading them takes months and months. they are negotiating with the cia. that is the level of low-tech analysis that the senate is having to rely on this. wax that is cool because you guys have a story here.

they have talked about the details. what are they looking for? how do they know when they find it? >> these are questions that i will think i have answers to. they are looking for any evidence that suggests -- they're trying to wrap their heads around what the intelligence says. some of this is raw intelligence. some of it is analysis. they are trying to get their heads around the totality of it. what they are also looking for in a low-tech way is these incidental names that are popping up. they are people who are associated with trump who happen to be on the phone with targets of the surveillance which

typically were russian agents. >> up next, the sometimes gray area between lender and load chart. some big ideas for cameras, this is bloomberg businessweek.

♪ oliver: welcome back to bloomberg businessweek, i am oliver renick. you can catch us on and 1200 and boston and a.m. 960 in the bay area. also, in london. in asia on the bloomberg radio plus at. >> peter mccoy will review the new book about lunch arcing. >> charles guys looks at it in the united states from shortly after the civil war through the

depression. he calls this the birth of predatory lending. this. taking us from the industrialization of america to the great depression. >> to what degree does that get mixed in with the capacity for risk-taking? you're going to want to hire -- once a higher interest rate. >> i don't think he quite nails it. maybe because i read about economics i tend to look at supply and demand as the key determinants of any price. and interest raised -- interest rate is a price point of money. but what is causing the rates to be this high on loans? there is a demand and a supply from the lenders who may or may not have enough money to supply.

why would rates behind? there is not enough money around, that is not really the case. the other is that the person who is borrowing is a risky prospect. or, it may be impaired in some way. maybe they are an alcoholic, that was a huge problem. the link between loansharking and alcoholism. a new immigrant to this country doesn't speak the language and doesn't know what the teams -- terms mean. >> how to the birth of predatory lending come about? >> when the americans most west, the sellers preceded the banks. there were no organized banks outside west of ohio. people got money wherever they could and loan sharks sprang up

to supply loans. where conventional banks wouldn't lend or had not yet gotten to. >> that begs the question, you have lenders and sharks. there is a gray area somewhere in between. in the book, how the css at what point you become a shark? >> one problem that abetted the long sharks is the ceiling on spending rates. it could only be six or 7%. they had a fairly high inflation rate. this is nothing for a small loan. it wasn't high enough for the standard lenders to make any money so they left the field open. the loan sharks were the only ones that were able to supply

any money in those cases. one of the innovations came around in 1907. the russell sage foundation still existed today. shortly after that they came up with a uniform small lending law that tried to do with that. they tried to say we won't abolish these laws that you have on the books. give the waiver in certain cases that would allow the way to go up as high as 40%. that is pretty high but it was enough so that conventional established ones were able to supply the market and a shout the loan sharks that were charged a lot. >> also, the superstar designer who was inspired by smartphones when he designed the l 16 camera.

>> we are talking about this company lyte. they're trying to revolutionize the way we think about sophisticated camera technology. most of us use our phones. what they did was they figured out how to take the dsl are and put it into more of a smart phone or smart tablet format. >> there are some very interesting people involved in this. i think the concept is interesting. what happened was we took photos, point and shoots, the advent of the smartphone, especially the iphone came along. is this about the pendulum? i was kind of swinging back to the middle somewhere. >> i think that is the way they are hoping people are interpreting this. if you think about our ability to share digital imagery, there are 1.3 trillion digital images. most of the images are pretty

bad. if you care about -- if you care about photography, the idea is that we could do better. the problem is the packaging. the dsl are camera -- you have to strap it over your shoulder, you need additional lenses and you better have a bag. what they are trying to figure out is how to eliminate all of that stuff. >> i remember when we were talking about building and using iphones, these guys, let's talk about who they are, who is in charge of this company and it is a very interesting breakdown between engineering and design. >> they found that guys in their 50's, photo enthusiasts, they came up with the idea. they said we have this great idea, how are we going to make this thing into a product that people want to buy? kind of a big question.

they recruited a guy named fred. he as an in -- is an and industrial designer. he has worked on a lot of other projects. they found the sky and said here is the box of parts. here is an idea, figure out how to package it. >> if you are in the industry, he is very much the person for the product. he designed gopro cameras, mp3 players, he has a small team working in silicon valley.

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>> the turkish president has succeeded in his referendum. in his victory speech, supporters said he should bring back the death penalty and that would finish off the did to join the european union. we only kneelaid down in front of god. i salute you with my sincere feelings. we became