my art work is about tech culture and the way i clang it. so the exhibition is working with six projects i've done in the past. i'm trying to summarize those exhibitions in let's say a trade style format so you get kind of a condensed, easy version of six projects. just sort of a summary of where my interests lie right now. >> as a first generation digital native, tech culture and its influence on all of us is what fascinates simon denny. the exhibition is a curated selection of his tech work. from berlin's startup culture, to power house tech conglomerates, each subject is turned inside out and on its head for closer observation in typical simon denny fashion. >> i think a big part of the interest in simon's work comes from a hunger that we have to think more about tech culture. lots of his work feels like and uses many of the materials we associate with commerce. smooth surfaces of plexiglas,

it's not easy for the tech community to do. emily: given all those concerns and difficulties, is there a middle ground? what should these companies do? >> she has it exactly right. it's a slippery slope. what we should do is expect that us-based companies take a role to stop this type of activity online. when they suspect somebody is using facebook or twitter to solicit and recruit, they are much more active in taking it down. they more go ahead and you have not rove that you are inciting terrorism, rather than proving that you are. are they going to listen to other governments that they do business with? the companies are in a very hard position here. emily: an op-ed today touches on these issues, saying it's not just transmitting information from place to place without regard for who is typing on their keyboard are reading on their screen. the people who use any technology, technology doesn't work on its own after all, it's just a tool and we are the ones who harness its power. he's saying the tools are within reach, but the

what kind of tech work do you do? >> caller: i do a data center network cloud with some nascent cybersecurity, so i'm very skilled, well trained, and i'm making wages i was making 20 years ago because of the wage suppression. and wages have been flat for tech workers since about 2000. so we know there's no shortage, because if there was a shortage of s.t.e.m. workers, wages would be going up. certainly, that's the argument for paying executives high compensation, because there's not enough talent. well, if that were the case for tech workers, wages would be going up like they did in the '90s. but, n., they're not -- in fact, they're not. so -- >> host: all right, we got it. john miano. >> guest: well, h-1b is just the tip of the iceberg. there are other ways that foreign labor is coming in in this area of technical workers. one of issues he raised is trade deals, and the inside lobbyists are using trade deals as a means to bring foreign labor in. the u.s. is locked into giving at least 65,000 h-1b visas every year und

stay stubborn is my advice. >> in a lot of tech conferences we see women in tech or lack thereof.were speaking to michael about this. in your experience do you think women are at a disadvantage trying to make progress in this world? >> i think you can look at it in two ways. i'm a female scientist so i'm quite rare. in that respect you can feel a little bit held back, like you have to deal with people's preconceived ideas about you and you have to break through that barrier. having said that, there are lots of opportunities so people can get to know you and your brand quickly. that's a huge advantage in the tech world. >> one more on the brand, you've been diversifying outside of some traditional areas in fashion. automatically you're targeting women and now you're thinking about men. tell us what you plan to achieve? >> we are launching men's wear. men share more than women. that's interesting to see. i think it's a nice market that hasn't been disrupted to date. hopefully we can make an impact there. >> that's jenny grace. all those styles you've been watching on the catwalk, yo

the answer is tech stocks.res of computer and software makers have surged in the last few months. why are investors coming back to check? joining us from new york is our stocks reporter. also with me is tom giles. he runs our technology coverage. i want to start with you. what sort of trends are you seeing? >> we have seen investors come back to tech, especially after the september 29 bottom. a large reason for that is because investors are chasing growth prospects. emily: what names specifically? tom: anna-louise pointed out , microsoft is a big part of it. a lot of optimism, an opportunity to show his stuff. a lot of enthusiasm around microsoft right now. we haven't seen that for many years. that is a big part of it. look at facebook, the facebook story is full and positive energy right now. there is a belief that mark zuckerberg and sheryl sandberg are doing the right thing. they are keeping people engaged. they have overcome all of the concerns about mobile. emily: anna-louise, talk about how what we are se

the exhibition is a curated selection of his tech work.berlin's startup culture, to power house tech conglomerates, each subject is turned inside out and on its head for closer observation in typical simon denny fashion. >> i think a big part of the interest in simon's work comes from a hunger that we have to think more about tech culture. lots of his work feels like and uses many of the materials we associate with commerce. smooth surfaces of plexiglas, commercially printed material, and there is something very unique. i mean, he is one of the few artists who has figured out a way to put these things together that both celebrate the culture that produced them, and yet by bringing them into an art context allows us to look at them and scrutinize them differently and see them for what they are. >> also on display is one of simon's best known works. even if you've never heard of it, you would be familiar with its notorious subject. tech entrepreneur kim dot com. >> personal effects of kim dot com might be the thing that got the most media at

we are seeing investors come back to tech. tech group is beating the consumer discretionary group. , an end ton op-ed bait.ch bubble he writes, this line of thinking ignores the value digital technologies have created. journalists are to cast a critical eye. what do you make of his comments? tom: he raises some really good points when you think about the long-term. all this talk about are we in a bubble, are we not in a bubble, it is not relevant. we talk to entrepreneurs and they will admit some of these things are very artificial. it is a temporary thing. you will start to see the valuations come down a little bit more and people will start focusing on, what is the core technology these folks are focusing on? think that is what he is getting at in that discussion. emily: what trends will you be watching for in 2016? what we really need to watch is to see if there is followthrough. the tech stocks were down 1.5% today, so they did hit a 15-year high on friday. whether or not we can see continuation of that remains to be seen.

we use very high-tech and low-tech materials. the paper, we are using a standard sheet of paper. and google card board. low cost system. on the other hand, we have this very high-tech, high-end drone technology. it has an onboard computer, 10 different sensors, a speaker, a microphone. it is a drone, but it's a o-it-yourself drone. the paper airplane is a flying machine and uses the same aerodynamic principles as any ircraft. once you have live streaming, it's not just recording video. when you are taking off, you are on the airplane, and you feel as if you are a bird. you are soaring over the trees, and when you crash, you feel as if you are crushing with the real aircraft. it's a thrilling, exhill ar ating experience. kickstarter is a perfect platform to test the product. if it fails, you know it has failed, and you shouldn't produce it. if it's very successful, then you do it. we launched on kickstarter, and we met our $100,000 goal within four hours. the campaign continued to rocket and go up, and we see this as confidence th

>> tech stands out from all the other industries.ou mentioned the index as a whole was down near $19 billion. startups by valuation can push a few guys on to the list but the top tech billionaires, as you said are bezos, gates, and zuckerberg. there are two larry's in the list. >> i would like to be adopted by either one of them right now. cory: do people in silicon valley care about this? dan: i care. do they care? i'm very fortunate to know many of these people and work with many of these people. the fact of the matter is these people look at wealth not as a scorecard but as an asset. i think larry, probably yes. you're talking about the more recent ones like mark zuckerberg and those people. they would say wealth is an asset to be used toward something they believe in. cory: thank you very much. you're watching "bloomberg west." stay with me, we have a lot more to come. ♪ we live in a pick and choose world. choose, choose, choose. but at bedtime? ...why settle for this? enter sleep number, and the lowest prices of the season. slee

tech companies. the last time the central bank raised rates was 2006 and back then, the motorola razor was the world's most popular mobile device, the iphone was not unveiled until a year later. facebook was just two years old. twitter had just been launched. companies like snapchat and uber did not exist. since then, interest rates have tanked. making it a lot easier for startups to start up. that may be about to change. joining me now on what today's rate hike means to the tech sector is our next guest. with me for the hour is michael wolff. thank you so much for joining us. what exactly does it mean for silicon valley? >> there are winners and there are losers. ironically, the winners in this game are going to be the unsung companies, the startups you have not heard of yet. they have been competing with the unicorns for talented engineers and product managers. life gets rougher for the unicorns. emily: does it make it harder to raise money? does it make it harder to go public? michael: the volatil

you are on fourth and fifth generation tech companies..a., the lineage is more around media, and more around storytelling and narrative, so the tech ecosystem is very young. but when you look at companies like beats by dre, maker, snapchat, you are starting to see multibillion-dollar companies pop up. emily: snapchat for example, $19 billion. are they worth that? troy: i think so. i think they will be worth more, actually. when you see the amount of videos viewed per day, and the type of engagement around the product. emily: what do you think about the fears that we are in a bubble, that valuations are too high? troy: i'm seeing valuations that are way too high, because the company is not worth what that valuation is, at that particular time. when you have a rounds that look like b rounds, and the late stage rounds look bigger than what the ipo would be, i think you have to really be smart in your approach to how you deploy capital. as a founder, i just would be very careful with burn rates right now. and making sure i have a clear path t

seeing dell are deal in biggest tech history.ft, on the other hand, has done a lot of smaller deals. why not a bigger deal? is it too risky? she lives the stuff for. i don't start by thinking, michael did a deal last week, i should do a big deal tomorrow. that's not the way i think. emily: is it something you would consider, and under what circumstance? >> we have a clear vision of what we're trying to get done. i want to stay true to that. is biggest that we have organic, always. that, we will look at any opportunity that fits with wherever you want to get to. anything i asked myself each day is, i don't want to be every part of the tech industry. microsoft has the unique contribution to make. that sense of purpose and identity is what makes company successful, not just doing everything. to me, that is what will drive whatever we do organically and in organically. loty: we've been talking a in silicon valley about the unicorn and these valuations which are going up and up and up. what do you see their? >> there are some differen

whether it's characterized as a tech company or a food tech company really is not our concern. approach is recognition that there are 400,000 species of plants in this world. we get addicted to soy and corn. we identify molecular properties of plants and connect them to properties to allow us to make really dynamic products. that involves a lot of biochemistry, process engineering, and culinary science. it's that approach that enables us to make the products. whether one wants to characterize us as tech or food, it doesn't matter to us. emily: how do you categorize it? >> i think we are a blend of tech and food. in the same way that apple would be a blend of art and science. emily: $300 million, is that on track and are you fairly valued for a food tech company? >> that was a past valuation. emily: so it is higher? >> fairly significantly. compass group is the biggest food service company, the expansion of products and walmart, the hiring of an executive team. we started out in a 300 square-foot apartment and now we have a 90,000 square foot facility with a team of rock stars d

deborah and scott are chatting abo tech gifts. deborah and scott are chatting about tech gifts. deborah and scott are chatting about tech gifts. scott:here's the stormcast hd where an area of low pressure is spinning to the south. this will rise e the northeast delivering our snow today. this could be heavy! the snow pushes away early tuesday and then we're left with simply some bitterly cold weather for a few days and into the new year. the snow forecast shows 5 to 7 inches along interstate 29 with less to t t wewe and more to ththeast. today the high is 22 with moderate to heavy snow. the low tonight is 15 with falling and blowing the potential for tomorrow's high is 23 with light snow in the morning followed by cloudy and cold conditions. forecast. jessica rae scott: will rise to the northeast delivering our snow today. this could be heavy! the snow pushes away early tuesday and then we're left with simply some bitterly cold weather for a few ys and into the new year. the snow forecast shows 5 to 7 inches of snow lining up along interstate 29 with less to the west and more to

now, it's tech support making house calls. >> riding along with a company providing tech support while the new gadgets are given as gifts. >> and hobbs can't get enough christmas. >> you can see your photos on . >>> a glory for those christmas trees city workers ground teams to remind everyone to recycle their trees. san francisco will haul away the trees during first two weeks of january. remember to remove the stand and decorations. >> that is the biggest hassle. >> i know. >> the week after christmas, talk about hassles is often the busiest time of year for tech support. >> jonathan bloom has a look at a local start up that brings the genius bar to your front door. >> anthony garcia is not here to make a differry. he's here to deliver. like uber's one touch, it brings you tech support. >> we have people that are windows specialists mac specialists and do data recovery. >> he got the idea from his father's disaster. >> he called microsoft support and got so mad i had to fly down and help them. >> baby boomers are among the biggest customers. >> i didn't grow up with these things. >>

our tech reporter joins us from taipei with some of his 2016 tech predictions.he first thing you predict is that it is going to be a big year for tech ipos. ipos.nese tech why? tim: it was a crazy year last year in china. one of the results is that the chinese government closed the spigot, they shut off the ipos. the runway has since been opened and all of these tech startups who had been looking forward to an ipo look like they could launch in 2016. there is a reason they go to china, and that is valuation. you are still getting better valuation in china if you are a startup or an investor. if you have to list your stock next year, you are probably better off doing it in china. the u.s. tends to be a little more picky, especially when it comes to corporate governance. china looks like the place a lot of companies will go next year to get going and get ipos. emily: you also predict that indonesia will give birth to its first unicorn, which is a company valued at more than $1 billion. which unicorn are we talking about? tim: there is a company in the e-commerce s

tech companies have balked at the notion of new laws. they say encryption is there to protect all kinds of personal data and if they give law eventually, hackers will find their way in, too. >> nancy cordes on capitol hill. thank you, nancy. >>> connecticut is about to become the first state to ban anyone on a government watch list from buying a firearm. that is something that congress has not done, despite a request from the president. governor dan malloy announced today he'll do it by executive order. >>> supreme court justice antonin scalia is under fire tonight for comments he made during oral arguments yesterday. the court was hearing a challenge to affirmative action at the university of texas. here's our chief legal correspondent, jan crawford. >> reporter: justice scalia was describing an argument made in court papers by opponents of affirmative action. "there are those who contend it does not benefit african americans to get them into the university of texas where they do not do well," says scalia, "as opposed to a slower tracke

stephanie: here are some of the most popular tech gifts of 2015. they include a google two chromecast for your tv. a fit bit for that athletic person in your life. a mini b-b droid from star warsthat can connect to your phone. and even the selfie stick is still popular for the photo lover in your life. stephanie: we want to know your thoughts on these tech gift tips? what tricks do you use on christmas morning? facebook and twitter. send us an email to: "news at we are iowa dot com" or call us in the newsroom: 1- 800-858-5555 we'd love to hear what you think about this story or any other. stephanie/1shot time for another quick break... chief meteorologist brad edwards will be back with one last look at our forecast. brad/wxhang meteorol us) aouerwh y bino peen hri ls,t n beifcu tco wh d refuonoundoulod >>r.obn:'mr.ana bs a ie eneang paedin a 2soi' alysryg t w arg dsndewecoly lpg u ar aouerheinu aras e we a mt noti vis r e arg imir. . nd hsowi uce u unghe tos.ndhel treo lpoun uroueyo arg tt. he wt u' bn ssg. co itoelng hr d lko . nd taywhat a crazy

tech companiesesave balked at the notion of new laws. they say encryption is there to protect all kinds of personal data and if they give law enforcement a way in, scott, eventually, hackcrs will find their way in, too. >> nancy corors on capitol hill. thank you, nancy.. >>> connecticut is about to become the first state to ban anyone on a government watch list from buying a firearm. that is something that congress has not done, despite a request from the president. today he'll do it by executive order. >>> supreme court justice antonin scalia is under fire tonight for comments he made during oral arguments yesterday. the court was hearing a challenge to affirmative action at the university texas. here's our chief legal correspondent, jan crawford. >> reporter: justice scalia was describing an argument made in court papers by opponents of affirmative action. "there are those who contend it does not benefit african americans to get them into the university of texas where they do not do well," says scalia, "as opposed to a slower tracked s

tonight "tech know" journeys into the jungle, this is one of the iconic animals of costa-rica with postards of this thing. a beautiful and fragile place on the planet is under attack. happening. >> how extensive is the damage, we are going to find out. that is why we are going to walk every trail, stream and swamp we come across to see what is out there. i'm an into einteinto entomologist. i'll share my findings with a biologist specializing in ecology and evolution and an engineer who has designed everything from bionic eyes to space satellites. that's our team, now let's do some science. ♪ welcome to "tech know," i'm phil and you guys know i spend a lot of my time in the jungles and do my research in the tropics and usually looking at spiders on butterflys and i went to costa-rica to look at something different and there are scientific issues out there and protecting the rain forest is one of them and maybe it's not quite high enough on the list because we are realizing now that rain forests are doing incredible services for us in society. >> they are doing them completely for free an

and you know, for months i heard people saying, "no tech bubble, no tech bubble." now, i'm starting to hear tech bubble coming up more and more. what's your take on that? mike kwatinetz: well, it's interesting. in 2001, '02 when it burst, people said this would never happen again. and i knew it would happen again because it happened before, it would happen again. now, it's different now. it may not continue to be different, but right now, i think we're in 1997 equivalent, '98. not in 2000, 2001. and the reason is, if you look at companies, for the most part there's real value behind the valuation. so, the question is, are they slightly overvalued? maybe, but in 2000, we got to the point where there was no value behind the value. scott: right, the company's clearly not making money. mike: not just not making money, not even having revenue and having a billion dollar valuate. now, we have some of those. scott: do you have some in your portfolio? mike: none that have gotten to a billion. scott: one of the biggest movies of 2015 was "the martian," starring matt damon,

. >> and tech the halls. days before christmas, the toys that would make a great gift. >> and we're keeping an eye on live doppler 7 hd. look at all that green as this latest storm continues here in the bay area. >> s >>> raymond "shrimp boy" chow took the stand today to defend himself. his testimony ended early because a juror was having a hard time. alyssa harrington was at the federal courthouse today. >> reporter: raymond "shrimp boy" chow wore a suit jacket and tie on the stand defending himself in his own racketeering trial. he admits he committed crimes in the past but says after 2003 after he was released from prison he made a vow to end his life of crime. prosecutors accuse him of being the ringleader of a criminal organization in san francisco's chinatown. today chow mostly discussed his past, his time in gangs as a young teenager. he was released from federal prison 12 years ago when he testified against his former boss in a plea deal. a decision he said scared him. chow thought he'd be put in the

. >> idt tech was always in the back of my mind. >> itt tech was there after i left military life. sharyl: babcock said that itt tech promised that police departments everywhere would recognizizhis degree. he said the $70,000 exceeded the g.i. bill allotment. >> we apply to 22-23 police departments. all of the said that they did not recognize itt's degrees for the credit. sharyl: what thoughts went through your head? >> i was a angry. student loans and it turns out the degree would have been worthless. sharyl: it is a story told by thousands of vets who attended for-profit colleges, where students are mor likely to dropout, default on loans, or graduate in dire debt without a useful degree. of eight for-profits, seven have been targets of inquiry for possible violations, including deceptive or misleading recruiting. together, they receive nearly one billion tax dollars over two school years. one of those companies is different universit -- devry university. chris was assigned to team cammo, where managers urge to the sales team to use high-pressure tactics on troops who were not su

emily: he has been called tech's boy genius. perhaps the only ceo who has a nonconformist refused to keep a schedule. david karp started tumblr before he was 20. he sold it to yahoo! before he was 30. it is now one of the most creative and social blogging platforms, all from a guy who dropped out of high school. lived in a loft, and drove a vespa. joining me on studio 1.0 now tumblr founder and ceo david , karp. thank you for joining us. david: thank you for having me. emily: thank you for having this on the schedule. i do have a schedule now. emily: now you are part of yahoo!, you have meetings. david: we had meetings before yahoo!. this has turned into a major team of nearly 300 people. a pretty major business that we launched a year-and-a-half ago. emily: tell me about you, where you grew up. david: i was born and raised in new york city. my mom was a teacher. my dad was a composer. did a lot of work for television, particularly in news. i found myself surrounded by all of this creative technology growing up. in my dad's reco

industry.the national tech advocacy group engine partnered with the technology association of iowa to host this first ever presidential tech town hall.they say iowa's reputation for having the first caucuses is great - but the offices we have from companies like google and facebook are even greater. cities like cedar rapids, des moines and iowa city are all gaining popularity for its startups.but engine's executive director julie samuels says the candidates haven't talked about ways t t keep the tech industry afloat. 11:04:11 "one of the trends we see in places outside of silicon valley outside of new york that have successful startup communities that they kind of rely on what it is that their commununy is already good at. so f f instance in iowa you might see more agricultural startups. startups.coming up on the cbs 2 news at six, we'll give you a more in depth look at the policies these entrepreneurs want the candidites to address. rapids, steffi lee, cbs 2 news, live at five. coming up on live at 5... getting creative, after voters rejectct a proposal to give more money to the libr

for a maximum amount tech related to be $66.5 million.alysts say anytime a ceo buys a meaningful stake to send a favorable message. investors like it. shares are above their 50 day moving average, something that could prove to be a bullish signal. is ended planss to offer a live television service, they are going to focus on being a platform company selling from the app store. we have more from paul. how is what it is opposing to a much different from one -- what it is doing now? aul: this tv business is a tough business, tougher to crack than the movie business. -- the music business. here they have to sit down with hollywood and negotiate for content that hollywood knows is very valuable. so i think they are taking a step back and looking at app usage, maybe companies are looking at app as a way to get content. david: you and i have talked about the need for apple to do something different outside of just software, it needs to figure out something. >> it does, he needs to figure out just -- not just software, but content in my view. the

go out as much as six tos. >> speaking of tech, while dan saw a flurry of bullish activity in tech and other etf. >> let's talk about the xlk, 40% of that is apple, google, microsoft and facebook. and so today when the market was just ripping, there was a big call purchase in december expiration, logically targeting that fomc meeting, looking out and buying 55,000 of the december 45 half calls, paying 9 cents. that is about $500,000 in premium. it is a big trade as far as contracts. not exactly much on the premium standpoint. it breaks even at 45.59, up 3%. and what i find interesting. this is the xlk. it is a concentrated, of the big winners year-to-date, it breaks out right here. the trade ser looking for a low-premium leveraged way to play big-cap tech for a breakout. and then there was one other in the xlf today, hold on one second, people, that is the financial etf. a buyer of the 50025.5 calls paying low premium, 8 cents, making up 4.5%. a buyer of 180,000 total and i suspect it was the same buyer. these break back at the prior highs. so two low-premium big-contract size leverage