Page 42 - Computer Chip News Today

Have begun pulling money out of dollars and putting it back into yen. >> steve: how is that going to impact all of us? >> its going to hit us in the pocket books. it means that the rates that the u.s. government has to pay on our national debt is going to rise. it also means the cost of japanese products is going to go up. so priuses and computer chip, those costs will rise for us in the united states. >> steve: give us a preview of whats coming. we thank you for joining us from dallas. >> thank...

And imagination of our people. a lot of this obviously, is done in the private secretariey esei sector. it is hesitant to invest in the unknown, especially when it comes to basic research. historically, thats been a federal responsibility. thats how we ended up with things like the computer chip and the gps. thats how we ended up with the internet and also how a lot of your states are already attracting jobs and industries of the future. i wept nt to wisconsin a few we ago and visited a small co...

Private sector. but as much as the private sector is the principal driver of innovation, its often hesitant to invest in the unknown, especially when it comes to basic research. historically, thats been a federal responsibility. its how we ended up with things like the computer chip and the gps. its how we ended up with the internet. its also how a lot of your space states are already attracting jobs in the future. i went to wisconsin a few weeks ago and visited a small town company called orine...

Is done in the private sector. but as much as the private sector is the principal driver of innovation, its often hesitant to invest in the unknown. especially when it comes to basic research. historically, that has been a federal responsibility. its how we ended up with things like the computer chip and the gps. its how we ended up with the internet. its also how a lot of your states are already attracting jobs and industries of the future. i went to wisconsin, for example, a few weeks ago and ...

Much a faulty computer chip will cost intel and samsung says it will refund customers who bought computers with that flawed chip. steve? >> thank you very much. a florida business owner has been donating to various charities and local institutions anonymously for a long time including a $20,000 gift to a west palm beach elementary school. but after the school discovered that the anonymous donor owns strip clubs, the school now is considering returning the money. does it matter where the money co...

Internet and helped make possible computer chip and gps. just think of all the good jobs from manufacturing to retail that have come from these break throughs. half a century ago when the soviets beat us into space with the launch of a satellite called sputnik, we had no idea how we would beat them to the moon. the science wasnt even there yet. nasa didnt exist. but after investing in better research and education, we didnt just surpass the soviets, we unleashed a wave of innovations that unleas...

As the technology gets smarter, so do the criminals and able to victimize you literally through the air. ted cherniki explains. >> reporter: watch a man sit down next to a woman and steal the key information from the credit card. >> heres your visa number. >> how did you do that? >> reporter: he works for identity stronghold specializing in fraud protection. look for this symbol on your credit card. if you have it, i sends out a radio frequency identification number. you can purchase it without ...

As the technology gets smarter, so do the criminals and able to victimize you literally through the air. ted cherniki explains. >> reporter: watch a man sit down next to a woman and without touching her steal the key information from the credit card. >> heres your visa number. >> how did you do that? >> reporter: he works for identity stronghold specializing in electronic fraud protection. look for this symbol on your credit card. if you have it, i sends out a radio frequency identification sign...

Electronic fraud protection. look for this symbol on your credit card. if you have it your card is sending out a frequency identification signal. it is designed so you can bring your card close to an object and purchase it without swiping the card. thieves figured out how to exploit that. here again, a passing glance and he has the info. >> it is as simples that chip here that has been added to once functioning p.i.n. pad. >> reporter: police are seeing a new level of cyber crime. when a merchan...

So do the criminals. and they are now able to victimize you literally through the air. ted cherniki explains. >> reporter: watch a man sit down next to a woman and without touching her steal the key information from the credit card. >> heres your visa number. >> how did you do that? >> reporter: he works for identity stronghold specializing in electronic fraud protection. look for this symbol on your credit card. if you have it, i sends out a radio frequency identification signal. its designed t...