this morning the company is going to offer its customers an expanded geofence that will prevent drones from flying over things like forest fires and visits by the president, that kind of thing. a major forest fire pops up. the update will be sent to your drone. this is optional and a way to help stay out of trouble. you'll be able to turn it off because there may be situations where using a drone in a fly zone may be legitimate. for instance, you're a firefighter and using a drone to look for survivors. >>> in san francisco on tuesday, parrot, the second largest maker of drones showed off a new model in time for christmas called bebop 2, it's faster with better battery life than bebop 1. >>> the summary of the recent fed meeting, we talked about reading tea leaves. these are the leaves. san francisco-based square will price its shares tonight offering them to the public pour the first time. by public i mean people richer than you or me, banks and inside investors and various funds. if all goes as planned, square will start selling shares on the nyse tomorrow. this is a big deal. we've

. >> the dji drones are using something called geofencing, preventing them from flying near airports and, say, the white house. this morning they're going to offer customers expanded geofencing that will prevent those drones from flying over other things like forest fires or visits by the president, that kind of thing. the restrictions not to fly over the white house, those are hard coded into the drone software. the temporary restrictions will have to be downloaded and updated the way you update your apps on your iphone. it is entirely voluntary but can help you stay out of trouble. in san francisco tuesday, parrot showed off a new model in time for christmas, called the bebo 2. it's faster and has better battery life that bebo 1. >>> stocks will try to bounce back today following a mixed session on tuesday. futures are higher. look for data on new home construction as well as minutes from last month's fed meeting when the central bank signaled it could raise rates in december. we're getting earnings from target with revenues beating wall street's forecast, nasdaq up one point to 49

lot of consumer drones have gps units in them, so there is talk about manufacturers implementing geofencing, so the drones wouldn't be allowed to fly near airports. i think a combination of that technology and public education is going to be the key because if you're relying on one or the other, it's not going to work. but if you have a multi-pronged approach, it's more realistic you can make people register. and also avoid airports or -- right now they're banned at all national parks as well. there are certain areas, the white house, for example. and the ama rules now say you can't go above 400 feet. this has been dais-- the ama ru have been in force for a long time now. especially out west with fire fighting, helicopters or rescue helicopters or police helicopters, and i'm a pilot as well, so i have that perspective f you're flying an aircraft, you already have a lot to worry about. if you are looking for all the other obstacles, weather, whatnot, the last thing you need to worry about is a tiny flying drone. to put things in perspective, i think there's 14,000 bird strikes every year and

and geofence means that you can recognize anything inside that perimeter? correct.o, lori's at college, and that university or college is part of your enterprise program. right. so she pushes the button. tell me what happens. if they hit it and they're on the college campus, it goes right back to the public safety department. are they paying you for this? average installation for a college or university is about $25,000 to start. $25,000 annually? yes, annually. so that's a little business. now we're talking! okay, so what's your total sales? $180 -- $185,000. of the $185,000, what was your profit? there's no profit at this time. we're probably gonna be profitable around october. greiner: but what did you lose? how much did you put in yourself? i put in over $3 million. both: $3 million? ooh. corcoran: oh, my god. where did you get that money from? i was in banking, oil, real estate. sold all those off. who -- who's your tech -- who's your main geek? main geek is a guy named -- is a guy named jean. it's a great company that we have working with us. so you came up wi