Car, a smartphone turns into a car on wheels, is very much at the forefront of what people are talking about. Let me just show you before we get to the news. This is how General Motors is setting up its connected car. This is a live feed of whats happening in this car and on its dashboard. Weve got mary chan, head of the Global Connected Consumer Group at General Motors, they are going big. In fact, nine of the ten Major Car Companies in the world are here at the Consumer Electronics show. A lot of these people were either delayed, some havent gotten here because of the deep freeze thats engulfing the nation, but that ice has not extended to the stock market. Take a look at whats happening, a decent day, a bit of a rally on wall street, snapping some of the losing days we have had. Cheryl casones coming up in just a minute to give us all of the market news including that big news about jpmorgan and its 1. 7 billion settlement involving the Bernie Madoff scandal. Were going to take you
Good morning and welcome to Al Jazeera America. Im stephanie sy. New Jersey Governor Chris Christie is seen as the republican front runner for the white house in 2016. Now hes involved in a local political fire storm tarnishing his national image. Emails suggest top staffers were involved in closing lanes to the George Washington bridge. It was payback against a democratic mayor who refused to support christys reelection. The stunt caused massive traffic delays on one of the worlds busiest bridges. Chris christie is viewed as a top challenger to clinton. Fall out from the scandal could impact president ial aspirations. We have a story of a traffic jam on a busy commuter brim. Who in their right mind would close down access to the busiest bridge in the world to send me a message . The mayor of fort new jersey says governor Chris Christie has explaining to do after documents revealed the shutdown of leaps was an act of retribution because the democratic mayor refused to endorse of the re
Get 36 months interestfree financing no down, and no interest for 3 years. Plus, get free sameday delivery. Sleep trains 100day money back guarantee, interestfree financing, and free delivery . Thats the ticket sleep trains ticket to tempurpedic is on now. Sleep train your ticket to a better nights sleep male announcer live from the bay area here is your kron 4 news thanks for joining us and president obama is just arriving in hawaii after the house approves the measure passed by this and that they keep the country from going over the fiscal cliff. Waking up to cold temperatures in the bay area with clear skies. We have Team Coverage around the bay area this morning. And wall street the big story that the reached a deal to keep taxes from going out on 98 percent of americans. The dow is standing at 13,367. It is very cold with temperatures below freezing and a lot of locations. A freeze warning as an effect 4 north bay valleys until 9 00 this morning. At Jackie Sissel is live and san r
Are not watching video or emailing, if you are not doing is more it effective and costefficient. We are talking about the old Voice Network. How do we move from the cost benefits of the Service Benefits by thinking about how things have to change . Another thing going on that we have not talked about. We talked about the supply side and how people provide it. In the wayhanges users arent using the network. Not the services but what people want. Place inte is taking europe. They have a set of universal Service Obligations that still includes phonebooks. A lot of us today say we cannot remember the last time we looked at a phone book. That information is obsolete. Online is more efficient. Another thing that is part of their universal Service Obligation as payphones. In the world of ubiquitous cell phones you cannot find a pay phone on most streetcorners anymore. They are not useful because of the way people are using the network. One of the pivotal questions is we used to think about vo
Its a pleasure to be here today to talk about the i. P. Transition. But before we do what i want to talk about is another transition thats been occurring and thats directly related, and thats the transition of our networks from copper to fiber. Of course its generally understood today Everybody Knows that fiber to the home is the best Broadband Network possible and one that many are striving to obtain. When verizon started to roll this out ten years ago it wasnt so obvious and we got a lot of questions about why we were doing this. Who needs 30 megabits per second . But Everybody Knows today that we need much more than that which is why were now up to 500 per second over the fiber and much more to come. So fiber is an important part of the i. P. Transition and a basis for the i. P. Transition. But the transition of voice from copper to fiber doesnt depend on i. P. And thats what i wanted to talk about for a few minutes. So fiber started in the Telephone Network many years ago. There ar