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... I ... hello and welcome to the Wall Street Journal's did its global soul in the latest consumer technology trends ... Iranian Senseo in Hong Kong ... this week in the headline ... Verizon's sued and won the US Federal Court appeal that open the way for broadband providers ... to charge content companies like Netflix for faster speeds ... the ruling strikes over twenty ten federal rule that had required equal treatment of Internet traffic ... throw in a note ... late eighties Medion inspired video game movies but this ... China's first game console by ploughing ... the coffin sized machine that runs on Android and cooks up to your TV ... will go on sale for one hundred twenty dollars or less and will is on a desktop but now wants to be on your wall ... the search giant is paying three point two billion dollars to buy nest Labs a maker of smart thermostats and smoke alarms the acquisition is yet another expansion by Goebbels including robots self driving cars and beyond its search business ... the guru edible meat grown in a petri dish and glowing lights of puberty those are just some of the many innovations happening at Singularity University ... the institution based in Silicom Valley aims to empower leaders to use technology to solve ... some global problems what are the biggest Goldman hopes its impact one billion people ... within ten years the Wall Street Journal's DeVore Khan spoke to Rob Mail's the CEO ... of Singularity University ... graduates joining ecosystem that creates new companies and organizations ... with a focus on humanity's greatest challenge ... a lot of people outside that in the U S may not know about Singularity that universe in the mantle of people in Silicom Valley do is use it right here so when people ask you but when exactly is ... Singularity University what to tell from ... the University is non traditional universe ... we are very much ... focused on helping educate people about where technologies that were the cutting edge of technology is the breakthroughs can we do try to empower people with other schools and connections and since come to our programs and singer diversity ... the challenges come overnight it an idea to pack a billion people within ten years is that possible ... oh absolutely I mean you think about that the scale of similar companies that we've we've seen a rise in the last few years ... and how many people they've touched ... tools for example in ... Google's easily touched by it ... we want ... people to be reaching its highest levels ... and ... someone ... has ambitious goals we think is ... possible ... it is to give me two examples of the innovation that Singularity University has facilitated ... one we had ... a comical water nano that is working on growing the ... imagine if you could grow some of the products that we use by the millions and billions of pounds every year ... if you could grow as tissues ... Act issues like blathering weeks ... without harming animals the environment if you can make these ... products not only as good as the natural thing but a tense even better ... we ... need to know new ways to produce fruit in some water and oh is is a great ... the company has gotten great new idea ... has come to collegial composite works on ... a software platform to ... look it re engineering genetic structures and orders to the ideas you can actually ... create your own DNA like structure ... you can ... drag and drop a DNA off of the open source genome project which is a ... publicly accessible irate ... you can change which teams go into a structure ... and then you ... can send out new ... code to a DNA synthesis store ... the reasons are testy with this in Indiana ... do you believe the US is still the center and ... innovation and I ... don't think the US is the center of innovation my any means ... innovation comes from everywhere around the world and we today we have about two thousand alumni ... in eighty five countries so ... we're seeing them innovating wholly new ways in their regions ... that is relevant for the U S market as well as it works ... with Sydney still about the Silicon Valley is a very unique place we have this amazing ... ecosystem that ... not only ... is it support failure but it's actually ... really cool inside credibility that if you ... look of times when I get a better chance of having huge success next had a conversation with some land in Silicom Valley and ... she said to me exactly this ... year and nobody into you fail to place in your twenties that you haven't done that then you have no hope comes from ... an awesome thing to ... Roo and virtual currency known as Bitcoin is making its first real world mark in Asia ... because its first ever bitcoin ... ATM is setting up right here in Hong Kong follows its global debut in Vancouver ... in twenty thirteen ... I recently spoke with Jordan Kelly CEO of rubble point ... on how an ATM ... before ... the world has known traditional ETF is like he is ever since they were invented back in the mid nineteen sixties ... the vote to confirm it you ... can it pull real catch backed by government authorities but by the end of this January this eighty Asia's financial bubble Hong Kong ... will get its very first Bitcoin ETF ... this is what it looks like ... it's maker told me how it works ... I've been corn ... on the kiosk ... in two hundred dollars ... instead of your mobile wallet ... and boom you're at that point ... is is that that process makes it faster for you to buy pickling in person than online ... like Boomtown the world's largest Bitcoin exchange were verification ... can take a few days it's all for that with that biometric ... authentication ... government ID scanning the official mascot of torture begins to Italy to buy within minutes ... your bitcoins are stored in your usual ... ones bitcoin is in your digital wallet you can buy a real world stuff and avoid credit card or transfer fees ... if you're in the Americas ended this month started experimenting with bitcoin purchases on farm bill to another gate ... if you're traveling you can get high ... to very odd hotel rooms to buy gift cards with your Bitcoins popular crowd source website cleanup dot org tells you there's a nearby retailer that takes the virtual currency ... with Bitcoin is hardly accepted everywhere and risks are high ... because the cornerstone knew in very early on and off for ... the risk is that it can actually go to zero so you know five years now could be worth a lot of money one could just be common and easiest virtual currency that's worth ... tens of dollars a couple hundred dollars a ... case in point in twenty thirteen the value of one bitcoin rocketed from thirteen dollars cruel hundred dollars ... but with China clay down on bitcoins in December ... Lynch fifty percent ... another challenge is regulation ... for now there are no governments in the world that regulate the use of bitcoin and includes right near ... the hoho monetary authority ... in fact the HKMA told me ... it's ... bitcoin is non regulated by the HKMA and members of the public should be mindful of the risks ... another risk is security ... what you can just chalk regular ATM receipt ... keep your Bitcoin ATM receipts eight ... and avoid what one Bloomberg anchor did during the show ... eighty light hacker ended up copying his code in stealing the bitcoins attached to it ... the public address like your email address in your username in your private key ... write your password ... he ... who sows his password to the world ... but despite all the risks bitcoin seems like it will stick around at least in the short-term ... Kelly aims to put more ATM is in Asia Europe Canada and the United States by mid February ... so if you pass by a bit cloying ATM shore ... check it out but think really hard if you wanna stick to the safety ... of real world fax ... or e fewer than double in the risk and potential reward ... of virtual ... you know is waiting on your smartphone to your favorite apps is just getting too tiring will guess what ... there is an app for that to ... Yahoo recently acquired a view that the company ... that services information and apps on your Android smartphone ... based on the time of day ... what's is it worth the dollar ... the Wall Street Journal's Adam Najberg has this Digits revue ... the past two days trying out TV ... and Android app that supposedly simple Pfizer home screen ... and text realizes how use apps ... and means a lot less to this back and forth and up and down swiping ... it is forced to fix a problem that Android has an operating system ... essentially your desktop is a garbage pail ... maybe it is supposed to simplify that ... power but does it by using time of day that's the clock on the phone ... and does it by using a GPS and why Fi figure out where you are are your new way to work for you in the office or your own home ... so what is this mean practically I get one of you on my phone of my desktop one of a home at night ... get another view my office where calls up some utilities in other business related apps and one traveling somewhere a lot of apps pop up that help me locate myself ... maybe I need to use a mass media dates helpful suggestions to me about where to go or what to do ... conceptual computing is really interesting I think this app makes a big leap and it's a great first out ... what it falls short of a number of hell ... first ... the predictive logic in a BA isn't ... spot on ... sometimes it just puts apps on my desktop and I'm not interested ... also it doesn't integrate fully with the apps on my desktop so for example ... I have no idea how many emails I've got new emails I have no idea of a new Facebook notifications I've got ... Ford I miss a phone call ... to be on notifications the other issue is is that it's ... this App ... looks very amateurish to me ... you're offered a choice of light or dark motifs and of course you can use your own photos from the gallery ... but it's just not enough ... it sort of a half baked I O s seven one of the Looking desktop by phone as it happens is the Samsung Galaxy Note two ... I'm very happy with its native desktop it's a three D water ripple but the fact that moves when you touch it ... overall top that ... however ... it is no improvement on us idiots out it's free it's in beta ... but it's not something I recommend to you at this stage ... this is Adam Nash for ... and addresses of this week's Digits thanks for watching and we will see you next week ... I ... I ... I