small i says that's an algorithm all thanks to intel corporation's craig barrett she's now chairing the school foundation council rushes on bishop's animation projects. hello again the welcome to spotlight the interview show. i'm al green of and today my guest in the studio is cray that. this innovation center created and promoted by president that video has gathered the best of the best and its management class here the living legend intel corporation craig barrett joined the project together with other scientists and businessmen he's looking into how to make the end of asian center an international success today the cochairman of the skulk about foundation council craig barrett is my guest on spotting. the skolkovo innovation centers the favorite child of the russian president dmitri medvedev has been promoting the modernization of the country's economic and scientific future and grew to create an analogue of the silicon valley although the project is still largely on paper investment programs and research grants are being implemented already this year euclid acknowledges telecommunic

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closely with intel semiconductors. cisco gained about 1.5%. c.e.o. john chambers hit an optimistic tone during a meeting with analysts, even as the company released a more conservative growth forecast. instead of double-digit growth which had been the norm, cisco predicts revenues to be up 5% to 7% over the next three years. finally, grain prices took a tumble. despite lower harvest estimates this week, both wheat and corn dropped at least 3%. and that's tonight's "market focus." >> susie: best buy is having difficulty living up to its name. the company said today its quarterly profit fell 30% because of rival retailers and weak consumer spending, especially on tvs and smart phones. best buy earned 47 cents a share, falling short of analyst estimates. the retailer also lowered its full-year outlook. it was a much different scene at target stores across the country today. the retailer rolled out its highly anticipated designer line "missoni for target." to say the items were popular may be an understatement. suzanne pra

intel fell a half a percent. intel's chief competitor advanced micro devices sparked the drop in semiconductors, falling more than 13.5%. volume tripled as a-m-d late yesterday cut its outlook. the drop takes a-m-d down to a new 52-week low. a-m-d was the biggest loser among the s&p 500 companies today. netflix was another big loser, falling 11%. new competition may be coming as microsoft is looking to start an online pay television service with cable company comcast and internet provider verizon. bloomberg reports the new competition for the netflix streaming media service could be offered through microsoft's video game console, the x-box. those providing the new competition were mixed. microsoft and comcast shares fell, while verizon was up a fraction. a day after amazon announced its tablet computer, research in motion is trying to knock back some rumors and prices of its playbook tablet. first, rimm called an analyst claim that it has stopped making the playbook "pure fiction". and best buy cut its price for

there's an intell school we stood up this past year too. we are developing intelligence units that are now going out into the army formations, but, again, that's only in the last six months that we've been putting those out into the formations, so that's fairly new, too. the other part we've been really working hard is cross-sharing between the different ministries, not just the national director of nds themselves, but also between the moi and mod which has not been there really in the past, and so that's starting to help, too. i'll tell you the last part that we spend a tremendous amount of time is on biometrics, and they can rapidly cross reference when they are either bringing people through a vetting process for a particular job or trying to work their way into the army or the police or, in fact, they pick somebody up and they immediately take their by yo metrickings and match you back to the data base and compare you to whatever is in the data base and cross sharing with u.s. intelligence resources too, so there is intell efforts going

intel is now aiming to work with google to develop the android software. it's hoping to recover lost ground by partnering with google. the phenomenal spread of smartphones and tablets is causing all computer companies to rethink their basic strategies. >> let's now go to seoul to see how south korea is responding to these latest developments in the market. nemo. >> scherrie, the news of google's purchase sent shock waves throughout south korea, home to several smartphone and tablet computer makers. while they excel as hardware makers, south korean computer companies have not developed their own operating systems. the government announced last month it will start joint development of a home-grown operating system with firms including samsung and lg. but it will be some time before work on the os is completed. microsoft unveiled its windows 8 operating system last week and gave away 5,000 samsung tablets. running on a preliminary version of its new os. we an expert from korea telecom about the outlook for south korean computer makers. >> translator: i think

i could get semi sweet. >> the intel reader.ped design turns written words into speech. >> once you use the technology and allow it to process, at that point, if you are good at being able to listen at 250 words a minute, you could eventually catch right up. >> i can eliminate a lot of the challenges. when most people are reading, they are hearing language, i don't. when i, i miss pieces of information. when i was a kid, my mom would read out loud to me. that wasn't a big deal. when i was in college, i would fax the work to her and she would read it over the phone. >> the next stop was stanford law. >> was that almost to say, you know what? i will do this in spite of dyslexia. >> i would do it in spite of the box. i was a debater. i overlooked the reading. >> he got his law degree and his business degree. ben says it was his own experience with dyslexia that drove him to develop the device. >> that was so i did not have to call my mom every time i need something read. good for me. good for my mom. the result was i wanted to take

the search giant launched a development partnership with intel. the two firms will work together to bring intel-powered smartphones to the market faster. >> tom: stocks snapped a three- day winning streak as investors worry about europe's ability to contain its debt crisis. traders focused on remarks from at the close, the dow fell nearly 180 points, the nasdaq lost 55 and the s&p 500 off 24 points. volume down slightly from yesterday's pace with just over one billion shares moving on the big board and just under two billion on the nasdaq. traders focused on remarks from german chancellor angela merkel suggesting that the second greek bailout package might have to be renegotiated. several european leaders want banks to take bigger losses on greek bonds. france and the european central bank oppose the idea. could relearn a few lessons from developing country, adopt budget poms and embrace free trade, maybe public investments and support education. speaking to an audience in cleveland, bernanke appeared to criticize lawmakers and others in the u.s.

. >> and intel comes up with a new way to window shop. the new display that look back at you. >> closed captioning brought to you by mancini sleepworld. >>> good morning. topping america's money, president obama is producing his new deficit cutting plan today. he is expected to outline more than $2 trillion in cuts over the next ten years. the plan does not affect social security but it includes medicare means testing. federal program to help homeowners to avoid foreclosures only reached a few thousand people. government reports cited by "usa today" say only 1% of the programs $7.6 billion have been paid out. netflix is splitting up the dvd and streaming video service. dvd service will be called quickster for the quick delivery. the company says it needs to evolve and streaming video is the best growth opportunity. that's america's money. >> netflix is also in the news today because the top executive is apologizing for way he handled a recent price hike. the company lost a million of the 25 million customers when its package of unlimited

mid-90s in the east bay and close to 100 degrees for livermore and intel. going into tuesday and wednesday, a few degrees cooler but still on the hot site. the warm weather will stick around for thursday and friday. it will not be until next weekend when we begin to see things cool down. the forecast model is showing perhaps a storm approaching the west coast on late sunday. we will talk more about that coming out >> . high-school cheerleaders may now have to decide how to make their uniforms scold or three. the principal says the trillings kurds are too short. parents want to know why this issue was not brought up before they purchased the >> . this is a picture of high school cheerleaders at piedmont high school in san jose. the principles as not everyone is breaking the role as some of the skirts are too short and by late the school's dress code policy. >> did the uniform change from last year? >> the uniforms fit people's bodies >> it differently. these cheerleaders told us that were allowed to wear the uniforms for two weeks until they start their prob

this is an intel reader. it is something he developed himself. foss, this device is something he doesn't leave without. >> unsweetened cocoa. i could get semi sweet. or really sweet or -- that could screw up the recipe. >> reporter: the intel reader, a device foss helped design turns written word into speech. >> at that point if you're good at being able to listen at 250 words per minute you can essentially catch right up to -- >> i can eliminate a lot of the challenges. when most people are reading, they're hearing language. i don't. when i read text, it's like having a bad cell phone connection to the page. things drop out, i miss pieces of information. when i was a kid, my mom would read out loud to me which wasn't a big deal. when i went to college i used to fax my term papers home to her in new hampshire and she'd read them to me over the phone. >> remarkably, the next step for foss was stanford law. >> at one point you said i'm going to go to law school. >> i would do it in spite of the books. i was a good public speaker and debater. it tur

france britain and the united states are not the arbiters of libya's destiny french are companies an intel nine companies and british oil companies are talking about how they're going to be number one in libyan oil so we don't want to go down that path again allowing yet another country which is part of the so-called arab spring which is now increasingly being militarized through external interventions rather than allowing the for mentation to happen from within so it's important the nations put up this stand a united front and try to prevent you hundred solutions as well as multilateral sanctions that could be the slippery slope leading to full fledged war and other major unworldly or in the middle east what does it tell you as we can see you know the race countries seem to put up a united front in the syrian crisis and the libyan crisis so the question arises how much such a united position poses how much of a challenge i should say this united position of the brics countries poses to the west when it comes to dealing with other countries. well it's important it's necessary to contest if

to respect it remembered and that my and for well beyond the military community because it was his intel actual endeavor we had the coin dog training event precipitated the parity shift in the military thinking from the conventional and complacent mentality to the unconventional and symmetrical modus operandi. well let's bring you now some other stories from around the world clashes have erupted between police and protesters outside a court in cairo where the trial of egypt's ousted president is resuming hosni mubarak is charged with corruption and ordering the killing of protesters in the february uprising which toppled him four policemen will take the stand to testify against mubarak at today's hearing. health concerns have cast a shadow over the upcoming trial of former french president jacques chirac a seventy year old faces two counts of embezzlement will buy up to ten years in prison is suffering from a condition which affects his memory a judge will consider medical evidence before deciding whether to postpone the trial or allow it to continue ensure ochs absence. when peacekeepin

britain and the united states are not the arbiters of libya's destiny french are the companies an intel of british oil companies are talking about how they're going to be number one. libyan oil so we don't want to go down that path again allowing yet another country which is part of the so-called arab spring which is now increasingly being militarized to external intervention it's rather than allowing the foreman dishes to happen from within so it's important the great nations put up this stand united front and try to prevent solutions as well as multilateral sanctions that could be the slippery slope leading to full fledged war and other major unworldly or in the middle east where that was dr three round professor at the school of international affairs in india. now libya's rebel forces have surrounded the colonel gadhafi held desert town of bani well and southeast of tripoli saying a talks with the former leaders loyalists have failed kidnappings chaves have been given until fact today to surrender with rebels now preparing a final assault out his breath and their reports from tripoli

big deal for intel. stock market right now not all that pleased about the retail sales reports.hat there could be some movement in europe's ongoing debt crisis. meeting today between the leaders of germany, france and greece. so that's pushing the market higher at the open. dow up 22, nasdaq up 18, s&p up by 4. right now we have a two- session winning streak. we'll see if we can get it going for a third straight day. >> you have the tie on. that's a good sigh. >> that does t [ laughter ] >> whatever it takes. >> sounds good. >> wear the tie every day. >>> we showed you some incredible video and we are getting a listen to the dramatic 911 calls. this was for the rescue of a motorcyclist in utah. >> yeah. they lifted a car -- actually lifted it up to free that man from that burning wreckage in logan, utah. listen. ing to go right now." the motorcyclist remains in the hospital, in critical condition. a warning about a pet scam >>> the motorcyclist got the help. the man pulled him out from under the car. that motorcyclist remains in the hospital in critical condition. but he is aliv

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intel will be the norm spot. --antioch will be the morning spot. in san mateo in redwood city in the mid-70s. here is the seventh day around the state. more typical weather returns start and on tuesday. not much change in the temperatures. upper 60s and low '70's with low-mid '80s. >> at least 50 of fires across california. the fires have scorched more than 3 mi. and threatening it doesn't of homes. people are being told to be ready to leave quickly. the most highly anticipated android phone is finally here. and we will see if it is worth the hype. >> to the most highly anticipated android smart phone is finally here. this is detroit biotic. this is the new flagship android smart phones. it is made by motorola. it has a big touchscreen which is larger than the iphone. it is the first google processor to 4g smart phones. this is the fastest start phone on the market. the speed is similar to surfing the internet with wireless. if you want fast into debt, look for the bionic. for the latest gadgets, you have to pay. besides the high speed and 4g netwo

there is an intel effort going on. we stay within the defense and the interior and do not get involved in the national intel system itself. some other elements work with them. >> time for two more questions. > a clarification on tom's question. that means they are operating without any logistical or medical support from the coalition. is that correct? telescope part of the country their operating -- tell us what part of the country they are operating. >> i will be glad to come back to george. i monitor all the training aspects. i collect that kind of data so we get feedback to just our programs. i will have to come back and make sure george gets that. i do not want to mislead anybody. that does not mean they didn't have any coalition support. we keep saying in december of 2014, there still will be coalition enablers here. we have not yet developed their logistics system, their maintenance system, or their medical system. those are areas that we're still working on. this is the year where we start taking that on. we hav

intel-based phones running on the android software systems are expected to come to the marketplace inhe first half of 2012. andrew. >>> now, coming up, two leaders with a conscience. find out how charity and community are all part of being the boss. that's next. ? i don't trade on . i trade on fundamentals. analysis. information. i trade on tradearchitect. this is web-based trading, re-visualized. streaming, real-time quotes. earnings analysis. probability analysis: that's what opportunity looks like. it's all visual. intuitive. and it's available free, wherever the web is. this is how trade strategies are built. tradearchitect. only from td ameritrade. welcome to better trade commission free for 60 days when you open an account. >>> it's a great place to be networking here in dallan. you're looking at pictures there of some of the 1,500 or so delegates here at the annual conference in dallan. they actually share this conference with tianjen. certainly there's a lot of buzz. and it's known as the summer davos. welcome back. you're watching "world business today." >>> now, who says tha

intel officials describing it as quote specific, credible terror threat.ed information about a potential al qaeda plot. well it's believed to involve three individuals and explosives such as a truck or a car bomb. washington and new york are cited as possible targets. we're covering all angles of the story. we've got the former adviser to president bush. let's talk about this, quote, specific, credible, but unconfirmed. tell us what it means. >> the specific is exactly what you outlined, a potential car or truck bomb, washington or new york may be targets. three potential individuals. one may be a u.s. citizen. that is the specific. the credible goes to where they got this information from. they're not telling us that whether it was human intelligence or technical intelligence, whether it was derived from the cia themselves or whether they got it from a foreign ally. we don't know the source. but obviously the source to those in the u.s. government is a credible source. but we need to focus on the unconfirmed. i mean, we get lots of information that meets

no intel to indicate the hakani network was involved in this attack. it appears to be a lone wolf. >> no links to that network in pakistan and no links to the taliban either? >> not so far. we had a couple of instances in afghanistan where it usually involves troops suddenly fired upon by a lone individual, who for whatever reason, decided to take out his grievances with a gun against american forces, in this case, it appears to have been at cia headquarters. it's only preliminary they haven't found any link to the network so far, chuck. >> jim, thanks very much. >>> up next, we dig deeper on the trail for perry as his problems pile up, the chris christie buzz gets louder again. how much of it is an issue for gop their field as far as republican fund raisers are con. >>> risky business congress trying to agree on temporary funding, not the full budget! unbelievable. >>> a look at the president's schedule. as we told you, you have now not responded to your linkedin invitation. don't forget to respond to your linkedin invitation. ♪ ♪ [ multiple sounds ma

and according to intel officials, this probably is as significant in many respects as the killing of bin laden because as one intel official told me, every single day that anwar al awlaki got up out of the bed the sole focus was on attacking and killing americans right here in the united states, richard. >> mik, also coordination with the yemeni government, too. >> reporter: there's been serious and good corporation from the yemenis. in fact, the likes of al qaeda in yemen somewhat reckless lately because the yemeni forces so aggressive in attacking elements of al qaeda there in yemen that they probably let down their guard which allowed the u.s. to track anwar al awlaki and pinpoint him to be able to kill him today. >> the very latest on the breaking news this morning, jim miklaszewski, thank you as always. >> okay, richard. >> now more perspective on this. how big of a catch is this, secretary? >> well, as jim miklaszewski said, it's very big in terms of this individual being one of the most important and most inspirational. and having moved from the inspirational to the operationa

the loss of work not only intel's economic hardship. it leaves people rootless, and robs them of opportunity. it is the greatest determinant of ever increasing misfortune. the new economic growth strategy that i set into motion prioritizes job creation for this very reason. moreover, i set up special teams to identify and resolve issues that were likely to be overlooked. as a result, we were able to bring back the remains of japanese soldiers left on iwo jima, and launch initiatives against the intractable diseases, and viruses, suicide, and alienation. since the march calamity and nuclear accident, i grew even more convinced with the need to convince a society of minimum misery. because we live in a country exposed to the largest number of earthquakes in the world, and nuclear power plants, if an accident should happen, i learned it could threaten the very future of our nation and our people. as prime minister, i felt the greatest sense of powerlessness and unpreparedness one we could not prevent the nuclear accident in fukushima from

cisco, dell, hp and intel made working mother magazine best companies. they looked at paid maternity leave and flexible time off. >>> three years into the housing crisis, foreclosures are still ravages bay area neighborhoods. the organization says from 2008 to 2012 san jose is projected to lose $22 billion in home values and 43,000 homes will have been foreclosed on. >> these banks have to defer some loans. that's the way to do it. defer part of the loan until things get better. >> reporter: the decline in property tax revenue also affects residents who wind up having to pay more for basic city services. >>> this is not the wing of a cargo plane but soon it'll be delivering something to your house at the speed of light. i'm consumer editor tom vacar, that story still ahead. >>> and your weekend is just around the corner. i'm going to show you which day on the weekend will be the warmest. one of them is going to warm up significantly. i'll see you back here in 10. >>> bones found in an irrigation ditch east of discovery bay are human remains. the coroner'

second straight loss at the finals basically called them to take turns to a thirty six point defeats in intel first of all for the bells with the talons producing four early tries and five more would follow thoughts and exams that yellow skin such down six minutes from the break rushes first of all welcome try to athens in the second half will give the final school life and some long self-respect the bill at st russia will also do the u.s. in that opening clash take an island next and then straight there. will be very very very good first off we're going to get away when penalty and there comes a real thirtieth and construct here you know you can go without a union card but to schools for of tries in the first of the thirty minutes and to get the bonus point before the fourth time was a very interesting performance you don't go to the scrum we're going to do all the infrequency created tries to explode in the fourth straight really well so defeat for team russia but plenty of positives still on the night man a new zealander is gone paul flipped off as he put his thoughts on the clash. italy m

i think the oneshat survive probably use the intel model. thathey will show the chinese what they are doing now, and intel can survive by working on the nex thing. >> rose: right. >> so they have to run to stay alive. which i guess they have to do anyway. >> rose: okay, two things, one deborah fallows bk, dreaming in chinese, mandarin lessons in life, love and language, having said that for mrs. fallows, this piece in the atlantic called china's crackdown by james fallows, thank you. >> pie pleasure, thank you. >> rose: we turn now to the u. relationship with india. the council on foreign relations and the aspen institute india has released a new report about the shared interest tween the twcountries. joining me now one of the studies authors k shankar bajpai, he has served in many diplomatic positions including india's ambassador to pakistan, china and the united states. i'm pleased to have him at thisable. welcome. >> thank you. >> rose: tell me who made up this-- the commission that wrote this and what it says. >> well, we have eight extr

jacqueline kennedy in her own words, her oral history in a series of recordings never before heard intel this diane sawyer exclusive. the year is 1964. the first lady describes her years in the white house. in one recording, she recalls begging her husband to let her stay with him during the cuban missile crisis. >> even if there is not room in the bomb shelter on the white house, i just want to be with you. i want to die with you. the children do. i do not want to live without you. >> her husband did not support a lyndon johnson presidency. >> she was fond of lyndon johnson. she found him amusing and warm hearted. >> caroline kennedy compiled the recordings in a new book. >> i can hear her voice in my mind. i think it is important to realize the value as well as the limitations of an oral history. once you start making changes, what do you do? it is not my oral history. >> there are lighter moments. it shows what life was like in the white house with young children. >> i always thought it was so funny. after people used his bathroom that men could use after dinner -- there were all of t

dhs is part of the intel community. we benefit from the work that you do in the country benefits as well. we also recognize that this is difficult. success often is years in the making. success often never rises to public view. a lot of the work takes place in the background under the guise of cameras, not all of is evident as the operation that killed bin laden. it is part of an important partnership we have with you to keep the country safe. as we approached the tenth anniversary of 9/11, i am often asked, where do we stand in terms of our nation's security? i think it is fair to say that we are a stronger nation out. 9/11 was a national tragedy, a day of tremendous pain and suffering for our country. people from over 90 countries perished as a result of it being the worst terrorist attack ever on american soil. this week, we take time to remember and honor those that we lost. we also looked to where we are 10 years after had a role that the intelligence community continues to play in our counter-terrorism efforts. i

it's all a list of companies that we own, from google to intel, we know these companies. here is what you don't know but you kind of know if you just look around. in the next two years, we'll have much better data on. that is at the small and medium sized, it turns out that same disproportionate effort of immigrants forming businesses that by the way small businesses are what employ people and grow the economy, immigrants form a disproportionate number of those businesses. we know that what does that mean? well, i think you already know the story about why a good person will think immigration is a good idea and why a smart government will welcome as many people based on the success of its history, but maybe what you can take away from this is that even if you're not a good person, even if you're not into happy people and cultural diversity and all you want to do is have your kids and only your kids be wealthier and be better off and happen weir and smarter and live in a country that is higher national income and higher per capita g.d.p. and more secure, then you want to h

the opportunities for intel development are limited to a couple of small parcels. we are talking about a relatively high density -- you are down to that scale vs 10,000 or 12,000. the opportunity was just not there to pursue that goal without perhaps forcing disruption of what we sought to be particularly special area that survived the onslaught of the infrastructure. we saw the movement to be more recognizing that while supporting the areas function as a regional transit gathering place -- we want to keep that neighborhood function and transit connections in that area but not necessarily build all of the housing right here. we just don't have a lot of opportunity. >> thank you. maybe you can't answer this question, but i will raise it anyway. the kind of changes are proposed, the policies and everything, they seem to me to be somewhat parallel -- i will mention japan town again, but in this case, the zoning proposal, the glen park community plan is subject to environmental report. i think the advice being given to the japan town planning task force and the communi

amd and qualcomm and intel gaining. finally, gold. the yellow metal continues to turn back from $1,900 an ounce. this is the second time in two weeks. we're looking at the year-to- date movement for gold. continuing on an upward trend. technical analyst michael kahn examines the gold chart on his blog. you can find that at n.b.r. on pbs.org. and that's tonight's "market focus." >> susie: what country has the most competitive economy in world? not the united states. the u.s. is actually in fifth place, partly because of the its huge deficit. switzerland, singapore, sweden and finland took the top four places in the new rankings, put out by the world economic forum. germany, the netherlands, denmark, japan and the united kingdom round out the top ten. the rankings are based on economic data and a survey of business executives. >> tom: that tarnished world status is an issue that worries many business leaders. they're a main target audience for president obama's speech tomorrow night. after all, they are the ones deciding whether to add

intel and american express were close behind. travelers group was also a dow standout. goldman sachs boosted its rating on the property and casualty insurance giant to "buy" from "sell". it thinks travelers is attractive, thanks to improved pricing power and limited risk exposure to volatile equity markets. the utilities sector accounted for a lot of today's strength. the sector has been in high demand, outperforming all the major groups as investors search for dividends. quarter to date, the group is up in contrast, materials stocks are down almost 14% on quarter. speaking of materials, molycorp, the rare earth minerals supplier took a big hit today. the stock tumbled over $11 or 21%. j.p. morgan analysts cut the stock from "buy" to "hold" on concerns over falling demand and pricing for those minerals. share volume soared seven-fold on the sell-off. netflix continues caught up in a storm of selling. it tumbled another 10% on disappointment over its new pricing model. for the second day running, netflix shares were the worst performer in the s&p 500 index. as for the be

and intel dropped almost 4%. we mentioned earlier how the materials sector was the worst stock sector this quarter. it was also the worst today. heavy equipment maker ingersoll rand fell more than 12%. volume quadrupled with the stock falling to a new 52 week low. the stock is down 40% from its july prices and down more than 45% from its high in may, its third quarter outlook today came in well below estimates leading to the selling. materials, grain prices took a hit. wheat and corn each fell more than 6% thanks to higher than expected supplies. corn is back below $6 a bushel. and soybeans fell more than 4%. and eastman kodak. the company has been fighting market worries about its business. shares lost more than half their value during the regular session, only to pop up more than 30% after the close. late today kodak said it has no intention of filing for bankruptcy. and that's tonight's market focus. >> susie: near wall street, hundreds of protestors have descended on a nearby plaza. the mood there very anti-w