tv Press Here NBC September 3, 2017 9:00am-9:31am PDT
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in part by barracuda network and storage solutions to sichl lie phi i.t. a brand-new federal law changes the way police book suspects and could spell riches for a small, silicon valley company. amazon expands into the bay area. we'll tell you how to get hired and what is this guy up to? softbank's strange strategy. our reporters, paul carr of the tech blog pando, and katie roo of tech crunch, this week on "press: here." > good morning, everyone. i'm scott mcgroup.
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president trump signed the act into law. it will change the way police officers book suspects and it has the potential to make a small silicon valley company very, very successful. >> let's take you inside a fictional booking room and yes, this is all done by actors, but i want you to see the process. after the mug shot, after the fingerprinting, someone accused of a felony in california is swabbed and his dna is analyzed in compared to a database of other dna collecteda the crime scenes. if our fictional criminal was arrested for, say, felony hit and run, a nearly-instant match might also place him at the scene of a murder last year. an important point most of this already happens in california. the dna swabbing and the matching and right now that dna is shipped off to a lab. the machine you saw in the video can perform that same test in less than 90 minutes right at the police station. it's made by antigenics, it's produced the rapid dna testers.
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thanks to a new law its demand is about to explode. bob sheer an is founder and ceo of indigenics and katie roof, and ralph krar of pando. >> bipartisan law? >> that's correct. we've had the democrat and republican side and the bill went through the house and the senate with unanimous consent. >> walk me through what this law does. if we're testing people in the booking centers and police stations for dna. what changed? >> in 1994 when dna testing was first allowed in the u.s., one of the requirements is we've done accredited laboratories and no one had contemplated at the time that there were small, easy to use machines right at the point of action and we needed to amend that law and that's what the rapid dna act of 2017 did. >> i have so many questions. they've brought us an example and it seems very simple and it seems like a swab and chemicals and things.
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i think if it's this easy, it's only -- and someone will come in and it will take days and days and days and maybe someone doesn't get that dna. are we going to see that huge spike? why not? it will take two minutes. >> like, constitutionally, that concerns me and it's legal, of course, but it concerns me that now the police are just, like, well, why not? and also if maybe if somebody that's considering -- shall we go to the felony? why not? we get to put it in the dna, and it can be a gigantic spike of the dna? >> the actual law itself didn't get tested and it allowed the testing to be done at a much more practical location, just like fingerprints evolved from fingerprints and ink and the dna goes through the same process now. so dna now, and the results can be obtained while the suspect is still in custody.
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these machines will be operated by cops, right? they arrest you and they can just do it like when you go through tsa saying we'll swab you for explosives because i've been through the process and they can't figure out -- sometimes, they'll try and they'll get it wrong. the nice thing about a lab -- >> fingerprints are done by cops and mug shots are done by cops. >> dna feels slightly more oppressive. >> i want a professional doing that, not, you know, a guy who, you know -- two ways to assuage that fear. the instrument and i can have you operating it in under a minute. >> it generates the result. the result is never displayed on that instrument itself. it is sent off to a central location that's on a secure network like a cal/doj network. it's immediately removed from the instrument once transmitted
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and we overerase the file seven times to make sure it isn't breached. the change in federal law doesn't have any impact on that whatsoever and what tests are done and whose test is mandated at the state level. >> where does it go? it is overwritten and it comes up on match and this guy is probably a murderer. what happens? >> we never see any of the data and we provide software to an organization such as cal/doj who does the testing now and their forensic scientists will review the results and upload them into the national database. >> there say national database of dna. >> there are 14 million samples in the database. >> understand basically what you're doing is you're replacing the fedex part of this. >> that's correct. it's the identical chemistry and we miniaturized it by a factor of 100. >> are you the only one doing this? what does the competitive landscape look like? >> no one has come out with a device as small and efficient
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like ours particularly with the linking software and we're competing with larger laboratories and we took it and figured out how to reduce it into a cartridge into a smaller instrument that's easy to use. >> assuming that they use it correctly, do you have an accuracy rate and do you have to redo any of the tests? >> the instrument has been published now over 15 times in peer-reviewed publications and it's exceptional and on par with everything done in the laboratory and since forensic scientists review the results before something happens, no hit will be out without some kind of intense review. >> the way i understood, you have it in custody and wait, don't let this guy go, he might be a murderer. it sounds like you're saying it goes now to somebody to test. how long does the whole process take? are we going to wind up with people being kept longer because we're waiting for results? how quick is this? >> as long as it is sent from the instrument, it's 90 minutes.
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>> what if that guy is at home? because i thought -- >> i think it's the fbi. i don't think they go home. >> let's use the analogy of fingerprints. when i am fingerprinted i presume that is sent to a computer and that is sent to the fbi national database and they say oh, we've been looking for this guy. it's analogous to that. >> it's right next to the dna and the fbi. >> to paul's question, can you hold me while you wait for that to come back? let's just say with fingerprints. >> we are waiting on your fingerprints and then we'll let you go. >> it will be up to the different jurisdictions to how long you can keep people in custody. it's better to know within 24 hours versus the current four to six weeks and someone has a lot more time to disappear from the scene of the crime? >> is there a side that you see? i hear paul's concerns. this is not set up to the debate show, but debate the other side. are there things your critics will say, and i see where you're coming from.
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it's not about people who worry about privacy issues and can people determine more about me and things outside of my identity itself and dli deliberately, and the non-coating genes and they have nothing to do with the physical makeup and i put inmy dna profile. >> they show folks, and this would be enough to put you at the scene of a murder, but it wouldn't be enough to say we now know a whole lot more about bob. >> exactly right. >> say i'm arrested by a felony, i'm swabbed and it goes into the database and nothing comes back because i'm a nice guy, and it turns outside the charges are dropped. does the dna stay in the database? >> the states all have a policy about expunging a profile including california, and it is now about 32 states and they have policies around expungement. some cases are it's mandatory and other cases you have to request it. >> katie touched on this.
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this law has the potential to really change the face of your company. i mean, you're making the device that is now legal to be used in every police jurisdiction in the united states. do i have that right? >> yes. >> and the states do testing. >> fair enough. >> are you ready for that? are you ready to ramp up? >> we are. >> we do the manufacturing of cartridges in a highly automated fashion and we have a great staff that are anticipating such a great challenge. >> our genetics expert and the ceo and founder of this company, as well. thanks for being with us this morning. up next, softbank is pouring money into silicon valley. we'll try to figure out what they're up to when "press: here" continues.
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follow on twitter says it seems like their funding announcements have typos in them. softbank gave the start up, we are worth $.4 billion, and you think that can't be right, but $4.4 billion with a "b" is accurate and that was just last week. and that led us to wonder what is his master plan? why so much money? earlier this month massio handed katherine a nine-figure check and she. he came to your company. you did not go seek this money. do i have that right? softbank came to you? >> they had previously invested and we knew them already and we were actively talking to various investors and they were one of them. >> how does this come about? because everyone is curious about this in silicon valley right now.
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they're targeting $100 billion fund and that's the world's largest fund by far. how are you -- it sounds like you had worked with them in the past, but can you explain the process of working with them a little bit? >> sure. as you know, they're investing in big ideas and they're looking to become active in a variety of industries and companies that they think they're going to dominate the market and the geography is where they happen to be active. from their perspective, they had seen us grow over a couple of years and it's been several years since they've originally invested and the process is pretty rapid. they are trying to understand your numbers and they're focused on what's your plan and what's your five-year plan and how you're going to get there and what is that going to mean for you in the market that you serve? those are the key questions they're asking. >> what are they up to generally? i understand that they want to have this great company, et cetera, but what are they up to because they're coming with this huge amount of money and they're giving $500 million and still
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have enough for the plane ride home. what are they doing? >> we've seen them do this in the past in india and china. i think what they saw when they originally invested in alibaba, they saw that company grow to dominate a really big market and a big category and a really big market and they're looking for category killers in all of the market. >> they're investing sometimes in rivals. they're not picking the winner, right? are you worried that they pick you, but they may equally pick three of your rivals? are you worried that they don't seem to have the traditional silicon valley rule of we don't invest in conflicts? >> i think that's a great question, and i think perhaps they think that there's room for everyone. i doubt that they're interested in investing in losers. i don't think they're trying to create some sort of conflict and competition in the market and i think they think these are all companies that can win. >> there is a concern that they might drive up valuations so high because they're driving up so much money and as we know, that makes it harder to exit and go public and get acquired
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because the bar is so high. are you worried about that happening with you? you haven't shared your valuation, but feel free to do so. >> sorry, i can't do that. obviously, we're privately held, but i don't think that's a really big problem for us. they would be concerned about that, too, because ultimately softbank wants an exit and i don't think they want to own a portion of the market and that would make it hard to achieve over time. >> that sounds about right. >> everyone talks about we work in the most ridiculous -- and it is worth $3 trillion. >> not at all, and that's a fact -- that's exactly right, but they're not doing that, are they? as in they might say they're doing that, but the valuation team -- and people have said, we were all hoping that these companies that were overvalued will have to go public soon and
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it would fix this, and they said no, we'll just mess everything up and put everything out. it just seems like they're not doing anything that will necessarily benefit the wider ecosystem. are you not concerned for silicon valley? for yourself, i take 450 million or whatever it is, too and you're not concerned that we'll end up perpetuating an existing problem in the valley? >> think two things. i think they may see some things that we don't in the businesses and about what the growth plans are and if you're looking for a five-year plan they see something that justifies the valuation because they have no justification for overpaying otherwise. i think that's very important. i think for the companies themselves there is value in not being forced into the public market because it's really hard to constantly focus meeting analyst expectations and at the same time innovate and you're talking about companies that plow a lot of money into rnd and develop new products and as a
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growing company that's hard to do when you have to meet expectations. >> softbank is coming into curious businesses and it brought arm, the chipmaker, and has an interesting sprint and fanatics, which sells sports memorabilia and what not, and you, as well. i'm not saying you're all in the same category, but what did softbank see in you, do you think, that made you a legitimate investment? >> i think what they saw was two things. number one is the ability to dominate the market in the u.s. because we have a focus technology and automation and that's really unusual in the small business lending space. i think the second thing they saw is we've expanded the multiple jog rav they don't require us to put people in the geographies. we are live in eight countries in the world and we only have employees in one of them. so i think they see that in a great opportunity for expansion and growth and that's the type of companies that they are.
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>> i need to break for a commercial, but i'm sorry, you said the valuation on the company was what? >> if you keep asking over and over, you might get the answer. >> i'm sorry, the valuation was what? >> one of the co-founders of her company and the recipient of quite a bit of venture capital money and we wish you the best of success. >> thank you so much. >> thank you. well, seattle, is now the largest company town in america thanks to amazon. get ready, amazon is going down to the bay area when "press: here" continues.
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foods and renting space on market street near twitter near palo alto and bought land in sunnyvale and it opened the first silicon valley bookstore practically across the street from an old borders books this shut down in part because of amazon's online bookstore. find the story in the irony section just past the alanis morrisette biography. steve is a longtime entrepreneur and one of the early employees of linkedin and co-founder of isti university and here to talk about amazon and in all of that, i didn't mention the fulfillment centers, as well. where is the growth in amazon going to come? i assume robots will handle the fulfillment. where is the growth coming? >> thanks for having me instead of alexa on the show. we're heading in an era of instant gratification. people want things right now and amazon is building the capacity and the infrastructure to deliver that and so someone
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recently said where can you expect amazon? wherever there is a market opportunity and they're seeing retail and delivery as a huge opportunity for them and we'll continue to see their tentacles spread out and even in a place as congested as silicon valley where we have a challenge finding talent and they said we're all in in silicon valley. recently the stories have been that everything is moving to silicon beach. >> i want to make sure i get the right credit and it was mike rosenberg in the seattle times and he calculated the amazon accounts for 19% of the city's office. >> right. >> astonishing. >> right. >> should we be scared of amazon? i find it, despite the fact that they're clearly taking over the world, i think probably because i like buying book, and i think they just do everything so well and now they're in whole foods and they've replaced avocados
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and, they're a tough company to get scared of because they do things that seem and certainly with the question, is there an anti-trust element here? no, because they're reducing the prices for consumers. are they scarey? should we be more scared of them than we are? >> there could be anti-trust issues down the road. >> there could be. here's the way i would break the question up. as a consumer, i don't know if i would be scared. if i'm a competitor and someone in retail, you talk to the bookstore owners and how it got disrupted and i'm concerned. what they're delivering for consumers is consolidation and ease. i need something. there was an article recently about tail gaters at a 49er game having guaranteed within two hours of order. >> steve, where do the opportunities lie? >> not that anybody in silicon valley needs a job, it seems, these days, but if i'm looking
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for a job and i want the scale that amazon wants and i'm not talking fulfillment centers. where are the skills that i should have? what are the skills that i should have that amazon would like? >> i think for amazon in particular, they're really leveraging tons and tons of data and the more capabilities you have around happenediunderstand the more career resilient you are going to be and i did a quick search the last few days of the jobs they posted recently and it's data mining, data analyst, data relevancy and so forth, and many of these areas. so i think that's one particular thing. if you want to be appealing to amazon, help them solve having tons of data. >> have they the oldham zon problem that they treat their executives, and you get a big check from jack bezos and they famously get treated by cattle and they get boiled sometimes in
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place. like, have they addressed any of that or is it good luck to the people who are not data people? >> honestly, paul, you can find stories on both sides of that, when they acquired zappos, was there a tony shea culture and team was sort of going to be an infusion in the amazon dna, but amazon doesn't make any apologies. if you've seen, there were stories around the harshness of their culture for the frontline people. we're not trying to pretend we're not. >> we make no apologies. we're not a typical silicon valley company with the perks. >> like the foundation. >> not dying and things like that. >> fair. but so what other companies do you think might be kaling up to compete with amazon and amazon took to so many differentie different industries and giving everyone a run for their money. >> i think the fact that google
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announced the partnership to anyone, this is a huge area of corporate warfare that's in front of us. if you take a look at, what's the potential upside for amazon? they still have about a third as much revenue as walmart does in retail. so there is a lot more opportunity, i think that they see and they're getting into lots of different areas with "the washington post" and these other things and the silicon valley play might be due to their interest in getting the drones sorted out and trying to find the technology to do that. >> i can't decide if that's just a giant p.r. stunt or something that's going to happen. the drone delivering. >> i think it's real. >> at least for certain parts of america that makes more sense. it doesn't make sense, but when you live, you know, a few hours away from any sort of fulfillment center and any sort of mall or any sort of anything, this will make it more efficient
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to deliver. >> in 20 years of covering, i can't tell you how often i've been burned with that. >> it's sci-fi, and suddenly the swarms are here. >> google has an automated car. >> steve, if i had to study one thing to get a great job at amazon, data science. data science. >> >> data science. we appreciate you being here. >> thanks for having me. "press: here" will be back in just a moment.
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damian trujillo: hello and welcome to "comunidad del valle." i'm damian trujillo. and today, pesticides and farmworkers, the mission of one bay area latina, on your "comunidad del valle." male announcer: nbc bay area presents "comunidad del valle" with damian trujillo. damian: we begin today by our monthly visit from the mexican consulate in san francisco. with me is consul jesus gutierrez on "comunidad del valle," along with irving velazquez, also with the consulate. welcome to the show. jesus gutierrez: thank you. damian: thank you very much. well, i mean, we're talking--the topic this week is la semana laboral, the labor week. tell us what that is and what it entails, if you can. jesus: yeah, thanks, the labor week is an effort made by the mexican embassy and the whole consular community in the united states. we have 50 consulates in united states, so the whole consular network, along with other consulates, in this case the
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