one is to push i.t. for the city to give you as much as you can in terms of the technical assistance and resources that this will require, but the other thing i would encourage you -- you know, in my own work i'm management and i've been management for a while and i think as manage sometimes we see being picture and don't often take the time to see the details so i would encourage you to involve the line staff, the end users sooner rather than later. we sometimes want, like, the end result and don't take the time to see it from the perspective of the folks who are going to be doing the cashiering, rather than just presenting and training once it's done. i would encourage if you are forming a committee or group of folks that you include, you know, some of your high performers among the end users to help see through those problems that might arise because, you know, sometimes as managers we tend to be miss those things because we're not doing it day-to-day, we're not the person taking the money or doing th

>> because i had my own i.t. team who conveyed to me that they were confident in the project. >> i yield back. i'm out of time. >> the other witnesses want to comment on the answer to the gentleman's question about a year ago was the site ready and should it have launched, in retrospect? >> well, i would just say that at the time of his launch that cms did accept increased risk, that -- from a security perspective. >> not having reviewed the data that the cmsi.t. team had, i wouldn't feel comfortable commenting associated with that i think it's important to have eyes on the project and be part of the team to make those decision, it's very difficult as a third-party partner participant to make that kind of assessment without the actual knowledge and data. >> as a former businessman, i would say that a site that couldn't accommodate a few hundred people simultaneously signing on and people waiting for weeks or months, security wasn't the reason that that should not have launched, but i appreciate that you're here o

so they have a federal i.t. and didn't feel they have the time and resources to contract with an outside vendor but everything else they are doing at a state level. is that a state level marketplace or federal marketplace. two more states have a partnership arrangement with federal government but instead of taking on planned management and outreach and enrollment activities like those other five are doing these two are only doing the planned management part and they are leaving outreach and enrollment activities to the federal government. that's iowa and michigan. they too are straddling state and federal. several more states are doing planned management very uncomfortable with referring to themselves as being in partnership with the federal government for political reasons and so they are doing the exact same things as iowa and michigan are doing, but they are not formal partnerships. i like refer to them as the partnership that must not be named. i think they go, the federal government refers to them as quasi

more like the keystone cops than like big brother where they couldn't figure out that someone in the i.t. department is downloading these files and mr. snowden -- didn't raise any red flags whereas the first thing an intelligence agency should do is counter intelligence. i do think that we're collecting enormous amounts of data, there's a serious loss of privacy. if we were doing some useful things with that data, i would

i have become more of an i.t. expert the last year. >> this was in january, what particular point did your i.t. expert outweigh his? >> taking the recommendations of our i.t. expert team, cms, as well as cms contractors who i felt were a lot closer to this issue than brian. >> okay. so, now we can look backwards and realize that the rollout was a disaster. so, what do you think of your i.t. expertise within cms today? was brian right? we should have delayed it? >> i don't know that brian was right. i know that -- >> was he closer to right than your team? >> not necessarily. i know that we have come a long way in our launch and as i said earlier, we have 7.3 million people paying premiums -- >> i didn't ask how many had signed up. this is about security and he >> that's true, true of the west coast, too. i just want to note that this is the committee's 29th hearing on the affordable care act and the sixth on the website. oh, come on, please. i want to focus on some very positive things. and that's the cost growth i

>> because i had my own i.t.hat they were confident in the project. >> i yield back. i'm out of time. >> the other witnesses want to comment on the answer to the gentleman's question about a year ago was the site ready and should it have launched, in retrospect? >> well, i would just say that at the time of his launch that cms did accept increased risk, that -- from a security perspective. >> not having reviewed the data that the cmsi.t. team had, i wouldn't feel comfortabl

so it moved cybersecurity from being an i.t. server room problem in a company to being a board room problem. big steps there. it said, you must understand, as you do this, here is a way you might think about how to incorp right there risk into your mold. and there is a list of -- a way to think about cyber security from identify and protect, protect and respond, and here are a standards and activities that really detail all things cyber secure. including -- [ inaudible ] so that's the framework. and what we've been doing, what we've been doing in the department of homeland security is working with owners and op righters, working with departments and agencies to help them go through this journey of understanding and adopting the framework. we strongly believe that we can -- that working with these owners and operators that folks will find a way and we have illuminated a part of the confusion that might have existed. it is a very voluntary interaction. we've been very, very confused with the kind of results we've had, ranging from

the article concludes by saying i.t. industry leaders have spent lavishly on lobbying to promote their stem shortage claims among legislators, us. the only problem is that the evidence contradicts their self-interested claims. i think this is a dramatic article. i think it's an article by undisputed experts in the field, and to my knowledge, no one have disputed it. and the false claims, the tech world fantasy claims in "usa today" is referred to, it's an imaginary shortage they are talking about, not a real shortage, and it doesn't justify the actions they are asking to take. so i would pose a question to mr. zuckerberg who is a brilliant man with so many fabulous qualities, and i respect that, but i read in the news that facebook, his company, is now worth more than $200 billion. is that not enough money to hire american workers for a change? your company now employs roughly 7,000 people. let's say you want to expand your work force 10% or hire another 700 workers. are you really claiming you can't find 700 million --

the challenge for i.t.ystem administrators as they need to figure out which are vulnerable and then they can download it. is a very crucial time. you are vulnerable when you are downloading stuff and you could be in a dicey situation. just delete your snapchat account. you'll be fine. >> worried perhaps if you are currently connected? we will discuss further later. hans nichols reporting from berlin. u.s.yder cup hits the against europe beginning today. europe's team has won five of the six previous competitions. will it be able to keep up the winning streak? ear to tell us more about the tournament, caroline hyde. tell us more. we have seen europe doing pretty well in this tournament as of late. >> if you like stats it looks like they are pretty well ahead. they've won the last two in a row. europe has more best of the best. they have the four of the top six ranked and they have won more tournaments outside of the ryder cup. 14 tournament have been won by european players. three of the majors have been won

you may have an i.t.n in a foreign jurisdiction that available as a result of the problems made by the institution. the institution has to develop back-up capabilities to sustain critical operations otherwise the public ends up having to pick up the slack. information. the institutions have to be able to produce critical, timely information that is essential to managing a resolution process. the firms right now don't have that capability. these are specific measurable actions that we have directed the firms to take. i think we are going to be looking for the firms to take specific measurable actions to address these. they have a year now. they are on notice. i think we are going to work closely with the firms so there's clarity of guidance and we are going to expect action. >> if i could underscore the last point marty made, senator, none of us wants to be in the situation where next july or august there's a situation, well, we made this progress, is this significant or not. what marty alluded to is the p

>> because i had my own i.t. team who conveyed to me that they were confident in the project. >> i yield back. i'm out of time. >> the other witnesses want to comment on the answer to the gentleman's question about a year ago was the site ready and should it have launched, in retrospect? >> well, i would just say that at the time of his launch that cms did accept increased risk, that -- from a security perspective. >> not having reviewed the data that the cmsi.t. team had, i wouldn't feel comfortable commenting associated with that i think it's important to have eyes on the project and be part of the team to make those decision, it's very difficult as a third-party partner participant to make that kind of assessment without the actual knowledge and data. >> as a former businessman, i would say that a site that couldn't accommodate a few hundred people simultaneously signing on and people waiting for weeks or months, security wasn't the reason that that should not have launched, but i appreciate that you're here o

like, if you're trying to get the i.t. band. >> lie sideways on the roller. >> and roll up and down the length of the muscle. lie face forward and roll out your quads. lie on it and roll out your hamstrings. it does totally prime your body for what you're about to do. it kind of wakens up those muscles. it's a good idea. preworkout too. >> any other myths you want to bust? >> which ones do we get big time? okay. is it possible to work off bra bulge? what do you think? >> bra bulge? you mean around the bra? >> around the bra strap. women hate it. >> yeah, but i usually think that's a bra that's not fitting correctly. >> that's also a problem too. but, again, that's excess fat. again, you're going to have to go back in with that sort of calorie equation, burning calories and dieting. but there are moves to hit the muscles underneath. if you do your push-ups. >> so push-ups aren't just for arms. >> they can get those underlying muscles. great chest move. >> okay. i have a myth for you to debunk for me. we were asked once on t

the entire i.t. department was in on the joke so there was no chance that they'd give the game away . right so the i.t. guy has been and gone. to collect a second time which is called the power little screen to display on her computer so unfortunately been busted. what is this didn't this computer is being used remotely by parallels who did this. not connect i think we've been rumbled. we're moving toward a situation where we users don't care whether their apps or data are stored on a cloud on a desktop or never will do us they just want to have a convenient way of working with them. and that's exactly what we're trying to achieve with there are parallels that. if you want of course we're going to painter a flower that's even fun golf would be proud of by way of apology remote access ops make us even more connected to the rest of the world which while making our lives easier also presents its own sense of privacy challenges so it's probably best not to say install it on a shared computer but if you d

is it gao's position that we do need some i.t.pdates and reforms to kind of update on clinger cohen, which was almost 20 years ago in technology, that's light years. >> that's outside my particular area. i focus on information security and privacy issues. i can get that answer to you. >> that would be fine. but isn't information security related to how well we're managing our i.t. assets? >> oh, certainly. and certainly there is need for improvements in how i.t. is secured within the federal government. and by an implementation issue. we're also on record that the federal security management act that governs information across the government could also be updated and modified. >> again, i believe this committee and again the chairman, ranking member and i have been involved in that as well. but the house has certainly tried to address that. and with bipartisan common ground on these issues, i urge you to look at the bill and see how it applies to your particular area. >> i will. >> i thank you. mr. chairman, thank you for allowing

i think before it was real easy for the cio or the i.t. director the give you the organization the reigns to go do what they needed to get down, but today the cio has to be deeply engaged with the siso, with the partnership to really make change around security. some of the things that have been mentioned here already it's really a balance between the innovation piece, how are you bringing new tools and practices and processes around security yet keeping the day to day going? and addressing the needs around security continues to be a big effort. budget needs, you know, i'm fighting those weekly where the questions are, well, what's more important right now, security or buying other tools around some of the other areas that you manage in the cio shop. so what's more important to you right now? it's really finding that true balance of what works. the other thing is getting -- a lot of it is not so much the technology but the processes and the people and getting them really educated and learning to think about security from the beginning. and

they evolved their security systems to a new level as well as other i.t. data services. we are leading in this category because we learned from actual experience. i think the private sector will handle it quite well trying to with all due respect i don't think the question has been addressed by any of the three speakers. we money moves in a transaction on the internet between entrepreneurs, it moves between private sources, one bank to another bank. it doesn't move on the federal reserve wire. it moves on the internet system that is owned principally by mastercard and visa. the reason we have insecurity is that we don't have government standards to require those banks to establish thresholds they must meet or which they're monitored to assure compliance. we have some bank examination for safety in that area, but we don't have a standard that regulates mastercard and visa. and we have allowed all of those transactions to go off the federal reserve wire. is what i think we could do to get attention focused on this problem. first and foremost, protect american entrepreneurs

. >> with i.t. jobs we do have difficulty filling i.t. jobs because competing with apple, google, yahoo! people like that. >> reporter: he says it's a challenge to recruit people from out of state because of the high cost of living here. but he says while the county may not be able to compete strictly on salary if you added benefits and pensions the county is a great employer and he's hoping this time next year there will be hundreds of new employees attending this diversity rally. this is a a list of all new joplin openings. if you would like to check it out go to nbcbayarea.com. >>> thank you. kidnapped from her own front yard then robbed at gunpoint it happened at noon today on muller road and walnut creek. we have more on the crime and how the gunman tried to hide his identity. >> reporter: i talked to the victim's husband who says that she did not get a good look at the suspect because he had covered himself up very well. he says that she's shaken but physically unharmed tonight. neighbors who live on that street say nothing even rem

and there is strong suspicion that i.t. was the fixer that he hired that ultimately betrayed him. i fully agree with the white house when they sent out the statement that there is absolutely zero evidence that the vetted moderate free syrian army were the ones that kidnapped sotloff. when it comes to the free syrian army, let me be clear, they are committed to 100% against i.s.i.s. we heard the opposition to come out in favor of the antii.s.i.s. coalition that's being headed by the united states and by moderate regional allies. that is an indication that the forces on the ground are going to continue the fight against i.s.i.s. and that the united states and the west and the moderate regional allies have a proven partner on the ground that is willing and capable to take the fight directly to the heart land, where i.s.i.s. operates. >> now iraq's national security advisor met with president assad on tuesday. >> in consultation with syrian government on this. syria is our neighbor. we cannot afford to fight our neighbor even if we disagree on many things. >> so how can this possibly

tell me about the laughing and i.t? >> i don't know. it was like all of a sudden i couldn't help it. my mind was thinking of something that i didn't have any idea. >> you were changing the buttons and moving her mind. >> yes. while that's a very powerful tool and it makes you feel very worried, it makes you wonder, where is the science going to take us? >> what does it feel like when your emotions were on a high during that? >> well, i didn't want them to adjust it after that. i'm like if i'm -- i don't want that to go away. it made it harder when it got bad because i just had such a positive experience. that it was really difficult to accept that now it was not just normal but worse than normal. so -- >> reporter: doctors here say about two-thirds of ocd patients who are enrolled in these clinical studies have seen their ocd symptoms reduced by half. dr. lee is excited about the possibility of using deep brain stimulation for a host ever psychiatric disorders including depression, schizophrenia, even addiction. >>> why are you so excit

home depot now saying it is working with i.t. security firms semantek and fishnet security to detect a possible data breach. >> that we knew they were investigating, home depot still not confirming a breach, though said it is working quote around the clock to gather information. separately the website security first reported a home depot breach reported all 200 home depot stores may have been impacted by the breach based on zip code data that overlapse store locations. mel lisa, back to you. >> thanks so much for that. speaking of cyber security. the icloud photo celebrity hack is raising questions about what can be done to prevent the next sieber attack. barra kud da has popped in recent days following the moist recent string of attacks. thing to is down more than 34% year-to-date. joining us for for a cnbc interview is president and ceo of barra can ycuda networks. >> i think have you seen a lot of news stories about these security breaches, each one of them a little bit different. j.p., mc in the back last week. apple this wee

. >> reporter: late today, home depot said it was working with leading i.t. security firms, including semantic, and fish net security, to investigate the possible breach. it also poste posted this warnir customers. "we're looking into some unusual activity that might indicate a possible payment data breach and we're working with our banking partners and law enforcement to investigate." the possible data theft was first reported by brian krebs, the same security blogger who uncovered the breach at target of 40 million debit and credit card account. it took months before the retailer fully understood and disclosed the scale of the hack. sally greenberg is executive director of the national consumer's league. >> we can't continue to have situation where's consumers find out in dribs and drabs over a prolonged period of time that their data may have been compromised. that's why we need to all agree on a national data breach information standard which says these are the steps you have to take if your company's data may have been breached. >> reporter: almost half

i.t. is it. bangladesh growing its future in technology and its young

as a result of analysis and looking at complexities of putting together i.t.to establish its own exchange and went into a federal state partnership. it is a fairly hands off partnership on the side of west virginia. the state has not been proactive per se in advertising the health care insurance exchange instead relying upon the federal government as well as relying on various intermediaries across the state. the state has taken a hands off approach to the exchange while a partner in the exchange. it has been more of a passive position. now, let's look at one of the most important aspects of aca for west virginia. that is medicaid expansion. the state wrestled with the decision whether or not to expand medicaid. many of the arguments about some of the fiscal constraints, some of the health care access constraints that were discussed in other states in the south and beyond were also discussed in west virginia. after a considerable amount of analysis as well as motivating the support of key stakeholders such as west virginia hospital association, west virginia,

the bureau of labor says the vast majority are computers and i.t. guess what?r builder says i.t. jobs are the hardest ones to fill. so what about the big bucks? the five highest paying stem graduate jobs according to "forbes" are marine engineer, petroleum engineer, nuclear engineer, technology analyst and chemical engineer. the easy ones. as technology evolves and becomes a bigger part of our lives one thing is clear, no matter what job you do, stem will be everywhere. so make sure you're ready. >> so nice if michaela can't be with us in person she's there on the tv screen. thanks for joining us "at this hour." "legal view with ashleigh banfield" starts right after this. ♪ want to change the world? create things that help people. design safer cars. faster computers. smarter grids and smarter phones. think up new ways to produce energy. ♪ be an engineer. solve problems the world needs solved. what are you waiting for? changing the world is part of the job description. [ male announcer ] join the scientists and engineers of exxonmobil in inspiring america's futu

[applause] you see, we can't have what's happening at the moment in i.t.re you have more and more numbercoming in but the of apprenticeships falling in i.t. we are also going to tell businesses we're going to give you control of the money for apprenticeships for the first time but in exchange if you want a major government contract, you must provide apprenticeships to our young people. [applause] wages, forjobs, for education, but what is it, what things that give us confidence and security in life? it's the love of people we care decent workit's properly rewarded, but it's also the confidence and security of your own and so many people don't have that today, that very british dream ownership is fading for so many people. we'rethis government, building fewer homes than at any 1920's.ce the so our fifth national goal is that by 2025 for the first time years this country will be as weng as many homes need, doubling the number of first-time buyers in our country. [applause] require agoing to massive national effort, a massive national effort. developerst larg

about step it up america, it will higher five thousand minority women in three different states for i.t.. it trains you for 30 months. i did the graduation and it's phenomenal. >> i want to give props to a guy, beyond why he took the job, william hite whose been getting a lot of heat lately. open three experimental public schools this school year, there are no books, it's all technology based. it's open to every public school kid they have a lottery. it's the future of education, while we're doing the funding crisis hite is thinking about the future. >> more and more pollsters are predicting the republican party will take control of the u.s. senate elections in november. something happened in kansas that may upset the apple cart. incumbent pat robots seemed to be cruising, the democrat has withdrawn in favor of a well funded independent candidate and the republicans are starting to panic. the whole question may be in doubt because of what happened in kansas. him. >> eagles open the season anybody wants to predict? >> 11-5. >> i have to defer to rene because she knows football. >> they a

he sat responsibly for each i.t. project. problems occur, you don't point fingers after the fact. the second one is what's called the stage a priceless were each -- stage eight process. we have instituted this throughout the state. with regards to cover oregon specifically, it will deliver a functional website in november. we have only 5% of oregonians who don't have health insurance coverage today because we kept our eye on the ball. the remaining functions will be moved to a state agency after november to ensure marketability. -- more accountability. >> it's great to keep your eye on the ball. if you keep our eye on medicare afternoon billion dollars wasted on this project. -- we have to keep our eye on money. $300ve wasted 30 million on this project. it's $390 million on the crc project. $72 million on the most recent department of human services baylor. the way you solve this is you have leadership that will pay attention and see that we do not have projects that are just starting and then continue without oversight. recreational marijuana recently became legal in washington a

the robot cheerleaders will be on display next month at a trade show of i.t. and digital technology. >>> for years, people turned on their sony play stations or nintendo consoles to play video games. these days, more and more use their smart phones. japanese game machine makers are getting crea create tif to try players back. >> many from around the world unveiled at game show. sony entertainment rereleased the latest installment of the franchise. >> i'm going to play this new game. the play station 4 or ps 4 boast quality graphics. the company hopes the combination of high performance console and ongoing franchises will attract regular users. at this year's expo, the company promoted indy games along main stream titles for the first time. indys games are developed by individuals or small companies. this game from the u.s. is about an octopus that enters the human world and poses as the father of a family. it's ideas like that and low costs that make indy games attractive to large companies. >> promoting indy games is something new for us but allows us to offe

standard itself has been rejected is technically inferior and we see this across dozens of different i.t. standards. >> the only reason china can do this is because of the size of the market. the bahamas can't make us use cryptography. >> it has other charms. >> this gentleman here has another question. >> hi i'm a fellow with the german marshall fund. i wanted to touch on something i think richard said about artificial rules and about the infrastructure. i think that's part of what the disconnect is. a lot of these rules are artificial. these are the social norms, the laws and the social contract which is broken into all these different pieces. this gets back to the westphalian system. it's at odds with the way human society is designed so that's why you are seeing a fractured into pieces. i wondered how you have a global social contract i don't see how you are going to fix some of these. issues are going to keep coming up. we have differing norms on the freedom of speech and the way you do things, the way you enforce law come all these things. this is what the internet is confronting.

when you have a small non-profit there's an economy of scale, so that those background resources like i.tand accounting can be done more efficientlyo you can better meet mission. that's how we began the discussion. >> what is the mission, the overall mission? >> the overall mission of the merged organization is so that individual whose live with serious mental illness, who live with mild intellectual disabilities, substance abuse disorder, autism disorder and individuals who face life crises can achieve safety, can recover, can become really integrated in their communities and achieve physical wellness. that's what we're trying to do with all the people we serve. >> in a bigger world and the bigger family that you are now, does that mean not only more efcient but you're going to have more resources and be able to reach more people? >> absolutely. when we don't have to worry about managing our infrastructure we can focus on serving our clients and add innovative services. so it's been tremendous in the first month. >> we're just getting started. we have to take a quick break. we'd like to

nobody would hire me to fix eir i.t. we are doing other things with them.thesensitive problemshat bobob has written about and when i was at the chamber we hea some of that as well. we all have to take a little step back. this was smuch that theyey were trying to get done, so soon. >> you did not support the health care plan at the beginning because you said would be too onerous and hard for business. but it is what it is. >> you have to figure out how to make it work. theyis a new business that started up p last year. you are to have things along the way that are not going to work wellll. how c confident are you that they can fix the overridin problems they are facing or is it too big o of a mandate? >> i think they will get their. >>-- there. >>usiness leaders looking at how they do business in virginia. at. lawmakers looking whether they change ethics, rules in d.c. should business leaders change how they dbusiss when it cometo lobbying lawmakersn e commonwealth in d.c. and maryland? >> busess leaders are ing to find that in vginia in particular, the poli

rise of their natural smx standard and the insistence of using the market leverage, the fact so many i.t. products are manufactured in china, to use that as leverage to force vendors to makeproducts compatible. the phone in my pocket has a dual wi-fi chip in it. when you talk to apple, they an't attempt you what the chip does. that's the chinese standard. there could be a wapi note in this room i wouldn't know. that's not transparency and egime. while arguing for robust encryption, we have a lot of work to do in the engineering of making that possible. >> why don't we open the floor to questions from the audience. i'm used to being worried about the government. now i guess i need to worry more about my refrigerator. >> yep. and your toaster. >> questions from the audience. >> gentleman right here on the aisle. >> thank you. >> if you could give your name and organization. >> i'm roberto from professor of law at the university of chile. i wonder what the actual size of localization. we hear about initial china. the issue still we have a localization in place in several democratic countrie

having the leading-edge and i.t.s imperative on the military sector and so our government is to be involved in that specific area. that it is foolish to say okay, let's have the government solve our monetary security in the private sector. since the beginning of time ,-com,-com ma business owners have made sure they held onto the goal. for the government to step into that arena is foolish and i would concur on the fourth amendment as well. we talked about google. we saw the wiretapping they did not know about by the government. the above their security systems to a new level as well as other i.t. data services. we are leading in this category because we learn from actual experience. i think the private sector will handle that quite well. >> moderator: mr. domina. domina: with all due respect to nothing the question is been addressed by any of the three previous speakers. when my name is that the transaction between notch pretorius, it moves between private sources. one bank to another bank. it doesn't move by the fed

one is called an i.t. enterprise governorance structure that assigns for problems on the front end.f problems occur, and the second one is the stage gate process where each project has to go through a stage gauge where we look at its progress and it cannot get the next round of funding until it clears that step. we have instituted this throughout the state and with regards to cover oregon specifically, it will deliver a functional website in november. we have only 5% of oregonans who don't have health insurance coverage today because we kept our eye on the ball which was enrollment. the remainings function will be moved to a state agency to ensure enrollment. >> it's great to keep your eye on the ball. what we need to keep our eye on the money. we have $300 million wasted on this project. back in 1990, early on, he was involved in the department of motor vehicles fiasco where we lost $75 million. now it's $300 million. it's $190 million on the c.r.c. project and $72 million on the most recently announced department of human services failure in their modernization project. the way yo

it's called an i.t. enterprise governance structure. it assigns responsibly for each i.t. project.he second one is called the stage gate process. each project has to go through a gete gate, it cannot funding until it has clears that step trade. to cover organ specifically, it will deliver a functional website in november. we have only 5% of oregonians who don't have health insurance coverage today because we kept our eye on the ball. that was enrollment. the remaining functions will be moved to a state agency after november to ensure more accountability. >> governor, thank you. representative richardson. >> it's great to keep your eye on the ball. we have to keep our eye on money. we have wasted $300 million on this project. it's $190 million on the crc project. $72 million on the most recent department of human services baylor. the way you solve this is you have leadership that will pay attention and see that we do not have projects that are just starting and then continue without oversight. >> recreational marijuana recently became legal in washington and colorado. if pot is lega

it was the leading provider of i.t.tions. >> morgan stanley says the electric car maker tesla is worth $320 million per share. stocks are likely to depreciate so consistently and one directly from here. he recently said the share price is a little ahead of itself. >> euphoria was the word. >> exactly. >> number six, shares of the beer maker rise on news of a possible merger in the industry. talking to banks about its financial takeover bid from sab miller. trying to by the dutch your maker, heineken. controlsy that heineken rejected that offer. >> number five, industrial giant agreed to buy shares valued at $2.5 billion. the acquisition would ride in -- widen its investments. >> i think of them as an industrial company. with everybody aging, dental .mplants >> i do not want to think about that. number four, shares are falling in the free market. makes heavy machinery. being isreason segment, which saw a significant drop in orders. they need to get into dental implants. >> number three, goldman sachs citing its price, he

i.t. engineers are going to have a big weekend. thank you.wo minutes in the loop. ♪ >> time now for the global outlook. david cameron has told parliament that the fight against islamic state will take years. they are deciding whether or not they should join the u.s. coalition. they would be committed to making a tax only in iraq, not syria. kim jong un is reported as being ill. no other details were given. bill gross leaving the company for janus capital. they will announce the his successor within hours. year, itcourse of this became increasingly clear that the firm's leadership and he'll have fundamental differences about how to take them go forward. here's what they had to say about the news. a big loss to the mutual fund industry. he has been a pioneer. changedn many respects the world of bond investing. greatsurely one of the men of the business. he is not in the mutual fund business any longer, we are all impoverished. more onwith us for market makers about this. is edition offor th in the loop. --ing up on monday ♪ minutes past the hou

huge philosophical battle when mixed also with the battle over whether internet standards and other i.t. standards can be used as trade weapons that we're fighting now that will really determine five, ten, 15, 20 years out what the nature of the network looks like. i wanted to step back for a minute and look from 30,000 feet and talk about cause and effects. i think we can then go back down and talk about specific remedies and ways we can understand where all of this problem actually comes from. >> my next question, the entire several mentioned the questions we can see the tensions that developed across countries as across sectors. so the question is, how can we rebuild trust in international trade and the digital economy? are there particular steps you think we should take that would improve trade and cross border data flows? any of you that would like to jump in. don't be shy. >> certainly i think from my little world of this surveillance world where so much trust has been lost, especially for users outside the united states, i think the simple but very meaningful steps would include

we will speak to an i.t. security expert. of goodspeak to the ceo technology.up a bit later. break, let meo show you pictures of iceland. ♪ >> good morning. you are watching "the pulse," live from london. i am guy johnson. let's get back to one of our big stories, boris island sunk. the plan to close heathrow airport and build a new hub on an island has been dismissed. joining us now is the mayor of london's aviation advisor. good morning to you. credible as a result of this announcement. people are beginning to wonder, are you? >> i think they are heading in the wrong direction. the decision will be taken by whoever is in the government after the next election. will be aing if this huge contribution to the debate. they are now limited to two options -- a third runway at heathrow. is gatwick,other britain turning its back on having a hub airport altogether for the next 40 years or 50 years. notheathrow expansion is possible. you do not think this is the end of the road? >> the davis commission is just a warm-up for the main game, which is going to happen after

with respect to what's going on in i.t., i.t. we've been doing this for decades. on the ot side, not so much. historically that's because most of these ot systems, operational the lg systems, they were one off devices. they were in areas nobody saw. they were specialized. they were often physical relays and things that had to physically move in order to make these controls have been. they were almost never networked together with any other systems, and it was a very, very small group of people who really understood them, who had to program them or design them. and that was the case with up until just a few years ago. most recently, i got a bill for my electric company that tells the to go to the website they showed me day by day how much electricity i was using in my home. that's because, and i can get on line and i can go look at all kinds of good statistics on my energy uses and my home. that's because the meter on the outside of my house is in some way, shape, or form connected up to a web server somewhere that i can then access. so if i can access the web serv