Future Sustainable Growth of the euro area, but also raise expectations of hiring comes and encourage firms to increase investments today, bringing forward the economic recovery. Cory and with the bond buying the ecb boosted its forecast i half a percentage point now projecting growth this year. Congressional leaders are asking president obama to provide weapons to ukraine. Democrats and republicans find the letter. Ukraine is pulling back heavy weapons from the frontlines. German observers say it remains fragile. The east coast is getting pounded with another snowstorm and it has caused serious travel problems. The more has been shut down and your a flight skidded off the runway and crashed into a lag uardia airport has been shut down after a flight skidded off the runway and crashed into a fence. They are buying the company for 21 billion, outfitting Johnson Johnson for pharmacyclics. New york city is the hottest Luxury Property market. Home prices rose 19 last year. That topped a global list. San francisco is up 14 in sixth place. Los angeles was 10 on the list. The biggest drops were in when a saris. When us buenos ares. Clinton tweeted i want the public to see my email. I asked the state to release them and review them for release as soon as possible. She has turned over 55,000 pages and it could take several months to review. Her system was traced back to her home address and while it gave her control, experts say it may have been more vulnerable to hacking. Joining us now is one of those experts. Alex, talk about this private email system. Is this common . Alex well, it does have a history of thing, and the executive level of government. It shouldnt be. If you look at people like mitt romney, sarah palin, that created some issues when they were involved with a state trooper. It really should not be allowed. Simply because it is a security risk. You cant say that someone on your staff managing a server can provide the same level of security as the state department. Cory you mentioned mitt romney, sarah palin, colin powell did the same thing. Explain why this is a concern greater than that of a cranky i. T. Guy . Im not saying you are. Why is this a risk . Alex sure, i mean, she was secretary of state witts means she is facing threats from other states, other nations with big budgets. If you asked me could russia or somebody else who is in favor of us spent 10 million to compromise any no server that lives in someones home . Certainly. That is really what im talking about. The threat is even if there was not classified information on the system, it is still an incredible boon to anyone interested in International Politics to have access to the unclassified emails of the secretary of state. Cory is there a suggestion this was compromised and the other accounts were compromised . Alex it is risky. Nobody has evidence to say, or conclusive evidence to say the accounts were compromised. Part of the issue is we would not necessarily know because our knowledge, nobody was monitoring the server to determine if it was compromised. Sarah palin and mitt romney are different in that they were using servers managed i yahoo by yahoo . Clinton decided shoes going to do her own email system from the ground up and that of forts or greater control, but also none of the protections that come with affords her greater control, but also none of the greater protections. Did they are able to monitor for account compromise. That was not available to her. Even if she used a free one, it would not be a good decision. Cory what kind of hardware or software is necessary to operate Something Like she was doing . Alex sure highspeed internet connection, which is common. You would need a standard desktop pc to handle the amount of mail she would be receiving. And also we discovered when we looked around she was using something called an ssl vpn which provides encryption. Like your laptop, your cell phone, and that server, the vpn. All told, she probably had a router, a standard desktop pc. And at least one vpn device. We were not able to confirm that device was in existence when she was secretary of state. Cory so this sounds like some lowlevel junk on somebodys desk. It is amazing. Im concerned about being part of the political football where the right is critical, and clintons people are defensive. Is this more than just politics . Alex i think it is. If we were talking about Speaker Boehner or rand paul the basic message is the same. It was a poor security decision. Whether it was conjured we dont know. But a compromise was reached. You were going to say to me there are other people in the cabinet, or members of the senate, who do the same thing. I would be equally as upset. I think there is a good likelihood they do use their own email and are not operating with security in mind because that is not how they think. They are politicians. They may be good at their job and intelligent, but security is a tough game in the little staff can come back to bite you. Cory maybe that is why the law is catching up. This was legal when she was doing it. It is illegal now. In the state department and beyond. Alex i absolutely agree. Usually we are critical of the laws ability to keep up with technology, but i it could go further. From my perspective, there needs to be somebody who has a team who is in charge of this the Cyber Security of our top executives. If you are a member of a cabinet if youre on a committee, if you work in the white house, you are under their purview and there is no way to escape it and they will make sure you dont make these mistakes. Cory Alex Mcgeorge thank you very much. Bloomberg west will be right back. Cory im cory johnson. Here are some top headlines, u. S. Ambassador to south korea is recovering after being cut in the face. He needed 80 stitches after being attacked at a north korean sympathizer. Here is john kerry. John kerry he is very distraught [indiscernible] cory doctors say it could take a year for him to recover. The attacker was protesting a joint u. S. South Korean Military drill. Flatter putin is hailing cooperation would italy after meeting with the Prime Minister in moscow. They agreed to a 1 billion Investment Fund to work on a possible action against terrorists in libya. The first formal state visit since the violence in ukraine. Hbo is in talks to start an ala cart version of its premium channel. People familiar with the matter say it will let consumers watch hbo without paying for a cable subscription. Speaking of apple you will have to wait a little bit longer for a large screen. They are facing delays which is pushing production to september. Six months after march. 12. 9 inch ipad was part of his plan to reboot the ipad line. Tim, this is a big deal. This was the major project written product release for the year. Tim they see the potential in the corporate buying area. The larger screen was seen to appeal to corporate buyers. Cory what is fundamentally different about these panels that makes them harder to acquire compared to the plentiful ipads . Tim it is a little bit bigger. It is different. Difference in manufacturing. You run into other challenges. You are hearing issues about yields from our sources. Cory so it is not the ability to make it. It is the ability to make it successfully. Tim all of the details are not there. Whatever the issues are, it will delay it until september which is a stumble out of the gate on the strategy of trying to appeal toward corporate buyers. Cory when we look at their numbers, almost every one of them is positive. That kind of growth is falling to now. The average selling price for the ipad is falling. There are a numbers a lot of numbers that do not look so good. Tim smartphones are getting bigger. The phablet is eating into the tablet market. If you are going to buy cory the iphone 6 plus. I find myself using it to do stuff i did on my ipad. Tim the tablets future is in the corporate world. You understand why this will be more important. Cory when we look at the gross i wonder what this means for ibm. Ibm is a company was looking to to help build up sales. Helping them with their problem. Tim they have several apps targeted at businesses such as the Airline Industry and telecom. Ibm part of the deal is trying to sell apple products. It is definitely perhaps a year ago when they were thinking the deal, things look different. Cory there was a quarter where the mac looked outsold the ipad macbook outsold the ipad. Tim the mac had a resurgence last year. Cory is there a notion it does not matter what device you buy . Tim it is a believe they dont mind cannibalizing their other products as long as they are heading told the bigger goal of selling apple items. Cory tim we appreciate it. Bloomberg west will be right back. Cory im cory johnson. The future of policing in america is starting to look like a tom cruise thriller. Mr. Mark. Im placing you under arrest for the future murder of sarah marx. No, i didnt do anything. Sarah. Give the man his hat. Cory future crime. Thats right, my nor to report. This Company Minority report. His company has the same goal in mind. What crime am i about to commit . Besides a lousy interview. Tell me about your business. We are focused on Law Enforcement. What we use is we use the information in your daily newspaper, what kind of crime where and when it happened, and we use a large amount of that data, up to 10 years with a little bit of weighting toward the more recent event, to predict crime. Cory police have databases across all level of Law Enforcement to do the same thing. What can you do now . Larry please have something called heat mapping and crime history. They dont run, they dont take advantage of Computing Power to project where crime is likely to happen. So we can predict down to the single block level where crime is likely to happen. Cory yesterday i was walking down the embarcadero and i saw glass. Glass all over the place. People are breaking into cars just about every other day. I dont need software to figure that out. What is it more than the observation of crimes in dark alleys . Larry you know youre given area, the first and second most likely places and police know three through six, in addition. Once you get into locations seven through 10 or 10 through 15, it is unlikely they will be top of mind and unlikely they will be part of a general assigned beat. We give people i highly attenuated area, a time frame, and it works. Cory does crime change . Larry crime changes, but it does not necessarily move. The vast majority is opportunistic. That means most crime for a given perpetrator takes place close to where they live, where they work schools. Their joint in places, eating places. And in that case, it does not move as much as we think. That is called the theory of displacement. Cory what do you mean debunked . Larry there has been research to see if you suppress a given area, cry its crime moves. For the most part it does not. Cory talk to me about the sale process. What do you do to prove to skeptical communities this is going to work better . Larry we actually dont have to do that. We are fortunate enough to have customers that are vocal about performance. Customers like atlanta, los angeles, talk about double digit crime decreases. Cory how do you charge . Larry most is based on an annual licensing fee. Cory not one for each crime. Larry i like that idea. We will keep in mind an arrest is not necessarily the gold. The goal is to eliminate crime. If you reduce crime 20 , a you are not arresting 20 more people. You are reducing the number of events. Cory talk about this algorithm. Did you find the solution before you found the problem . Larry the problem was posited by ucla and lapd, coming up with a late t a way to deter crime. Something that follow the model of a given event. If your home is broken into, the likelihood it will be broken into again goes up exponentially. The likelihood your neighbors home will go up will be broken into goes up. You are looking at a given event with a secondary event with some level of proximity. We live in earthquake country. Earthquake, aftershock, that was the core idea behind our approach a seismic model to the algorithm. Cory what kind of crimes are you best at predicting . Larry a variety. We are not fabulous at homicide gun related violence, home invasion, car theft, breaking into automobiles, what you saw. Cory larry samuels, we appreciate it. Bloomberg west will be right back. Cory you are watching bloomberg west. Bloomberg top headlines. The midwest maybe hurting the labor market pair the number of americans filing for Unemployment Benefits rose last week to 320,000 come the highest level in more than nine months. Jobs report for the entire month of february. China has just lowered its Economic Growth level 27 , the lowest in 15 years. He speaking at the National Peoples congress. We need to develop twin engines to attract development popular onto ship and invasion increases the supplies of public goods and services. This assures us we will reach our momentum an increase of quantity thereby achieving better quality, more efficient, upgraded economy. Question is battling significant headwinds, including property slump, corruption, and inflation. Citigroup is ending its investment in turkey here at of 800 million. And i hundred 9 9. 9 stake. Divesting in minority stakes focused on the core business. Adidas. Shares are at a sevenmonth high today. Maintaining the dividend. 7 , including items prepared to make a longterm strategy announcement. Tim clark says he will travel to defend his airline. Analysts are receiving market distorting subsidies from their government which would allow to undercut competitors. Here is the reaction. It is grossly unfair and discourteous and very serious. They must be prepared for a very robust response from us when and if we get the report. He called the complaint bluster and flimflam. I like that. All right. Auction day today, bitcoins sees from the underground drug and murder peddling website. Today, 50,000 bitcoins on the block on federal action. Nearly 80,000 were already auctioned off this year. Tim got 32,000. The former ceo got 48000. They might be winners, but they paid a much higher price. Charles, the ceo of solutions. Are they winners . Are they not winners . The bitcoin market is liquid. In the short run i think they are kind of losers. You can go out and buy it at a cheaper price today. If they hold it long enough we are a believer in bitcoin technologies. They should mostly do well on that investment. But right now, it will be interesting to see how this auction goes. There will definitely be inclination to bed at a discount to the market pair that is what we did when we participated in the first market in the first auction. So you did it in the first auction. Congratulations for not winning. I think about this a lot. I am so not interested in the price of bitcoin but i wonder if the excitement that people catch on to sometimes with the possibility of a block chain fool them into buying bitcoin. I think what we have now and the ecosystem assist the ecosystem, it has not really been built yet, but division exists. Everyone collectively believes he is not going anywhere. Bitcoins are primarily for speculation, especially in the u. S. All the technology is being built today. For anyone built bidding in the auction, they probably learned their lesson the first two times and will likely bid low rather than play a premium. When you think about the future of technology and the cases i am sure is there one application that just kind of grabs them . There are a lot of applications that get people to buy in the application. Getting someone to believe we need to see adoption and we go back to 120 years when we see edison with the lightbulb, nobody believes in the guy was a clack. When bill gates started microsoft, well, i do not understand the internet. The key cases right now is the currency. It makes a lot of sense and is a good transfer of value. You could do microtransactions take all the housing records, and the counties and states keeping track of who owns the deeds to the house. Things like that are very far out in the future as far as adoption. I think now we are just scratching the surface. You think it is the volatility of surgery that has heard the development of these technologies surrounding bitcoin . I think have it has hurt a lot of companies. A lot of companies will go bankrupt. It has made venture capitalists wary. There are very few companies im probably one of a handful. I think right now, Companies Need to focus on growing their businesses. It is a tough environment out there. This technology, one of the things it does is eliminate fees. It is very competitive. These cases are not there to support many of the companies from a revenue standpoint. Cory the price bouncing around is one thing. If the value of bitcoin were to get wiped out, would we see companies go away just because they might have ideas and the technology might be there but the pain of the currency would keep that from happening . I do not think you will see bitcoin get wiped out. For it to get wiped out coming basically shut the power down in the world and turn off the internet. Companies providing Transaction Verification Services such as us they all need to turn off at once. If that happens, we have a much bigger problem. I am worried about food water, and i probably need to buy a gun. It is a much different problem. Cory we will keep an eye out for the end of that. Should civilization and, we will look for you. Charles, thank you very much. Bloomberg west will be right back. Cory space is full of mysteries, including this one. Mysteriously exploding in orbit last month what happened . Investigators are not telling us. But now we have an expert on all things secret in space. Geographer and author of blank spot on the map and Academy Award winner for cinematographer. Congratulations on the documentary about edward snowden. You have done a lot of work. Regular viewers of the show will notice my mug that you actually made. I want to show you this patch which i came to see. It shows an octopus sucking the face of north america. Nro stands for National Reconnaissance office launch. He Reconnaissance Office is the secret version of fafsa. Another space agency builds secret satellites. The Hubble Telescope enters to oth