york times they can barely wrap their mind around big coin one point understood of joeys of dollars business insider is still struggling i'm not sure what big point is yet meanwhile bitcoin two point zero is now ready to go ready to launch and set another stage another chapter in this incredible encroaching technology tsunami that is just blasting away all these high priced middlemen and scoundrels banks.

joeys of dollars business insider is still struggling i'm not sure what bitcoin is yet meanwhile bitcoin two point zero is no ready to go ready to launch and set another stage another chapter in this incredible encroaching technology tsunami that is just blasting away all these high priced middlemen scoundrels banks to say goodbye hello to a good cause all of one. so then he goes into look at some of the applications already being applied using bitcoin the technology on the block chain colored coins for example the main idea behind the colored coins project is that you'll be able to apply secondary values to certain big coins on the bitcoin block chain those secondary values can be used to create completely new digital currencies that are backed by real world assets for example let's say you will in some gold at your house you could hypothetically take five suppose she's and say that each one of those to toe shoes is equal to one gram of the gold that you hold in your home you could then exchange those five suppose she is backed by one gram of gold each on the decentralised exchange in t

joeys of dollars business insider is still struggling i'm not sure what big point is yet meanwhile bitcoin two point zero is no ready to go ready to launch and set another stage another chapter in this incredible incursion technology tsunami that is just blasting away all these high priced middlemen and scoundrels banks to say goodbye hello to good all of what. so then he goes in to look at some of the applications already being applied using bitcoin the technology on the block chain colored coins for example the main idea behind the colored coins project is that you'll be able to apply secondary values to certain big coins on the bitcoin block chain those secondary values can then be used to create completely new digital currencies that are backed by real world assets for example let's say you will in some gold at your house you could hypothetically take five suppose she's and say that each one of those the toshi is equal to one gram of the gold that you hold in your home you could then exchange those five suppose she is backed by one gram of gold.

dollar business. >> tell me about the culture inside microsoft, david.o the employees within the company feel the need for change, are they willing to change? >> very much so. everyone i talk to here feels the need for change. i joined microsoft as an intern in 1987 when microsoft had market share in all areas. has notetitive spirit been lost. i think people also need an inspired leader that can reject that passion to improve people's lives. at the end of the day, there are only two companies that can change people's lives. they need a new vision, they need a new leader. if a leader is able to inject that type of spirit, they have a deep bench and people will start moving again. two amazing things, unlikely things, but they need to be asked, instead of being stuck in a cast, being stuck in the internal politics, or other things that really do not matter in the marketplace. the vision and spirit of the company and the values of the company need to be around innovation as om said. as well as passion for technology and customers. there are too many things t

. >> they say they confiscated millions of dollars in cash from inside the businesses. >> that was ae-up call. >> in early 2005, after local businessmen were arrested for enslaving over 100 korean women in downtown san francisco, mayor newsom ordered city raids on massage parlors, raids newsom attended. >> i walked in one, kid you not, large guy, 5:30, downtown financial district in downtown san francisco in an office building, you would never know what was going on, walked in right there, young girl is thrown off this guy as we raided the place and this guy has a wedding ring on. this is real. it's a disgrace. >> but federal prosecution of trafficking takes years so the mayor and his staff chose not to wait. >> once we knew that those sites, those particular establishments with known addresses, were trafficking and not just prostitution or some sort of sex industry, the mayor said let's look at everything we have available, and we can close them down under the city's laws. >> dr. johnson ojo, a nigerian doctor, and san francisco health inspector ed walsh form the backbone of the may

dollar deal with accenture.accenture built californias new online health insurance exchange. the scandal enveloping new jersey governor chris christie could have an economic impact on his state. business insiders have expressed concern that uncertainty and embarassment related to the closing of the george washington bridge in september may have a negative impact at a time when new jersey's economy was showing signs of strength. more millionaires than ever are on capitol hill. more than half of congress have a net worth of a cool million, according to the center for responsive politics. the most ever in history. the research comes as lawmakers debate issues such as unemployment benefits and minimum wage. the chemical company that's the source of a leak contaminating tap water in charleston, west virginia and nine surrounding counties says it's working to prevent further contamination. but about 300-thousand people were told to use water only for flushing, this past weekend. a 48-thousand gallon tank filled with the compound m-c-h-m, which can cause digestive and breathing problems, was found leaking from freedom industries into the elk river, last thursday.the coal treatment facility is about a

. >> it's a multi-billion dollar business rife with guns, gangs, and plenty of money. i'm trish regan. join me for an unprecedented look insideca's marijuana industry.

that weit is important don't sell business insider for a very long time. condÉ nast been 100 million dollarsportfolio magazine. creating assets that will be around for 50 years, for tens of millions of dollars. it is a unique time. jeff bezos ball old media, he bought the washington post -- balked old media. >> has he given you any insight into what he is going to do? >> is not that personally involved with is ms. insider. with business insider. i have no idea what the plan is for the washington post. i am sure there is a huge plan for it. i am surprised at that acquisition. i think the washington post has a huge challenge. they are a local newspaper but they have to cover national issues and they are caught in the middle. they are not the new york times. , your folks that aol company tried to go very local and have had a hard time with it. >> local has always historically been a very treacherous area to go. the idea that you could build a national organization that becomes local i think is almost impossible. everywhere you go locally, there are tons of little websites or newspapers or infor

dollar shave club. for a monthly fee you can enjoy all the netflix like services of razors. we went inside to see what's happening. >> we are in los angeles. all these businesse working on getting you a better, cheaper shave. >> let's get a shave, shall we we?now -- shall quick so what is dollar shave club? >> for a couple of months -- couple of bucks a month, we send to you.lity razors if you ask guys have a feel about buying razors in a store, they will tell you they are frustrated. i am not a lefty, so hold your breath. they are tell you frustrated with the price and the experience. you have to go to the store. you have to park your car. you have to find the guy with the key to the razor fortress and he is always doing something like texting his girlfriend. >> are the blades any good? >> no. youblades are great. >> have become a viral video sensation. >> it is a story that has resonated and guys were excited about the business. it is a story they have forwarded to friends. -- somethingng god guys talk about a lot, the cost of razors and the frequency with which you need to get them. we are done. ♪ >> welcome back. i am emily chang. coming up on the late e

inside. we have about eight point five dollars and that businessmen who are going to russia marked with a tourist site you there but that is a bit to do business. oh to do of business tourism golf course good for them we need to take the first radio program today it will be bad fans. it is. sells. says the welcome back to the second part of today's world and feel that um uh look on post we will will continue our conversation with mr thus a legal philosophy which the representative of moscow type a coronation commission on economic and cultural cooperation. this is the lebowski you have being the representative since november of two thousand and nine. and you have seen him into a number of different programs in the area of economic cooperation cultural exchanges and educational visits and changes. and in your personal p one piece the assessment of the state the pot to relations between russia and taiwan today. i'd say that. the everybody knows that we have no official ties between russia and taiwan but did the study doesn't hamper. in the promotion and all for economic cooperation and mutually beneficial cooperation in other fields starting fro

dollars. it is, it is a lot about that and lloyd blankfein worried about his business model under these conditions but it is also some fun stuff. lori: you fit right in. >> this is what going on insidebody language indicator inside morgan stanley. they're talking about it, whether he is right, whether it is right this quarter or not i can't tell you. lori: you want to see my, holy crap body language? ashley: that is not hard to interpret, is it? >> can't bet anything by you guys. lori: no, actually i do appreciate your analysis on nu skin and herbalife. that was actually useful. ashley: wow. want to see some body language from charlie now? lori: he likes me. thanks, charlie. ashley: thanks, charlie. we think. lori: see you for lunch. >> like. halftime. lori: 2014 oscar moms, did you hear about them? they were unnailed. ashley: charlie got a oscar for what he did. "gravity" and "american hustle" leading the pack. all the snubs and surprises next. ♪ [ me announcer ] this is the story of the dusty basement at 06 35th street the old dining table at 25th and hoffman. ...and the little room above the strip mall f roble avenue. ♪ this magic momt it is the story of where ery great idea begi