Exercise area i think that is new. I think from a consumption standpoint, what makes it different even though we are used to this luxury of being able to watch our hbo go whenever we want is theres something about lies in the way that periscope exceeded and others achieve it that actually brings value and purpose to the immediacy of the interaction which is that as a viewer i can affect the experience. When i watch a tv show live, the fact that his life may matter to me spiritually but it doesnt matter to me from an interactive standpoint. Being able to direct the comments . I cant ask a question on cnn, youre not going to respond to me but if im watching you broadcast i can say hey, peter, i want to ask you a question and the fact that two seconds later you can respond, theres Something Different about that. That doesnt exist in other forms of life but it justifies meeting out my phone in saint peters life . Let me jump in and say whats going on. You said is novel, the idea, how do you get people over the idea that this is a novelty or how do you get people over the idea that that one lifestream you saw that is not good it turns out its not hard to do but these people are going to get better at it. Are you encouraging people to sort of professionalize what they are doing . Novelty is what may drive in to check this out in the first place. The actual interaction of the product is what will get them to state. We have to approach to those challenges differently because what attracts the broadcaster to come back and come back is very different than one factor viewer and the realities we focus on both of those tracks differently. In the context of broadcasters, we try to make the kind of tools in your toolbox as a broadcaster more and more interesting over time. We watched over the last couple of months , now go pro and integration as well as drone integration so you can be broadcasting from your phone and switching between your phone camera, your go pro and your drone in the same broadcast, thats another creative lever that we didnt have before so we have to continue evolving what they can actually do with the medium to make this not a novelty but utility they can use direct with audiences. Doesnt make sense at some point to have that functionality built into the hardware itself . You mean when you are using your go pro . Where is not an act, its a button and you are periscope in i think there are pros and cons either way. Using the phone as the nexus has a lot of advantages but you may have devices, that makes a lot of sense in the context of the go pro. Strapping it on to your chest and your cruising down the mountain, you dont want to touch the device whereas if you have an external camera you want to place here and have that start broadcasting, you will probably wanted. Twitter needs to actually be in the hardware business for this to work or can you always work as sort of a software. I dont think we need to be in the hardware space. There may be advantages to having integrations or potentially even owning the stack is what you can accomplish with software and Software Integration and theres a lot you can accomplish with building an api on top of the. One of the things that facebook is doing is saying, were going to broadcast live but you dont have to make it live. You guys can take something you recorded and push it out. Really its tv. Does that make sense you question mark is that something you would like to do . We want to get more and more types of live content. And so what that means to us is it doesnt necessarily need to be captured from a mobile device which is why you see us entering the space with go pro and drones. I think that also means it could come from a device thats not any of those. It can come from some doc that cutting multiple camera angles. Whats more important than the source is out we did note where it actually came from like what we care about, we always said scope is a platform for true and efficacy and then we can hold onto about truth is that right now and periscope when you see something and it says live , you know that its happening. Its being captured by someones device where in the world and we show you the latitude and longitude. Theres nothing powerful about that that we can stand behind so i think when we enter a world where we are getting nonphone inputs into the ecosystem, we have to denote that in a way where the viewer can make a decision as to i understand this is not being captured from the phone and im going to interpret what i will from that but at least the platform has served me that information. Liberties will use periscope, were talking about kevin hart backstage. Other people that have become celebrities on periscope or natives to that form war just periscope stars . Definitely. One of the Amazing Things as we observe, platform involve is you have these microcommunities of stars and stars that didnt even necessarily is the right term but you have these niche terms like the hairstyling community or pottery community and you have these partners will spend hours on periscope broadcasting their craft and attracting other folks were really into pottery, slightly potters or really want to observe the crack there are many celebrities within their own ecosystem. How do you make money on periscope if you are a many celebrities . Now platform itself is directly making money theres no opposition at all. Theres no opposition in the periscope real estate but theres a lot of things that i think we get to experiment with as a result of being a part of twitter and the simple example is we are starting to see some brands experiment with promoted tweets that have periscope in them. We saw doritos use this during the super bowl where they were periscope and promoted the tweet of the periscope on twitter. One way you see creators monetizing is they built up an audience on periscope with their existing twitter audience, they can go to brands and sponsors and either help bring their brand onto the periscope platform by doing some sort of collaboration or some sort of activation. Unassuming at somepoint advertising comes to periscope. Its one of the ways we could monetize the platform. We are interested in other ways as well but if we were to pursue advertising, we feel really strongly about not doing the kind of traditional my buddy peter is live right now but before i get to watch them on the p with his dog i have to watch this 62nd b role. We want to be a little more inspired by that but its obviously one mechanism that we can. Thats worked pretty well for youtube, distributing to their creators and buildup in ecosystem. Is when one very effective way to monetize it. Other things that you were doing on periscope year ago that you are able to do now technically . We are investing a lot in the video infrastructure and that matters to us in a number of ways. It matters in terms of the fundamental capabilities of how low latency is and how low the connection time is and we didnt necessarily own as much as a year ago when we rebuilt a lot of infrastructure. How many people are working on her scope in twitter . Smallcompany. Its a small company. We have the benefit of collaborating with a lot of our friends on twitter so its an unfair number to look at. You get to leverage the best parts or the relevant parts of twitter it come see who you met or be at an infrastructure. Or support for other Technical Resources that help us do what we do without having more. At some point this periscope just become a function of twitter westmark you guys said you were testing to go live button on twitter. You just hit a button and you are recording . We think theres a lot of value in having a separate app, having separate real estate, separate brand that doesnt mean you wont see overtime more integration within the Twitter Product and over the last three or four months we have full consumer playback integration on ios android and web so if you stumble onto a periscope in your twitter time, you are seeing live video play. That didnt exist sick months ago or a year ago so i think you see more product integration like that, the go live button in the twitter compose as well but you will continue to see periscope and if you have a separate app on your phone that is all about seeing and creating live video, what does that look and feel like . That deserves to be its own space. One thing thats also different is there was a lot of discussion about whether you guys were going to enable piracy or a discussion about people watching a baseball game through periscope. In that conversation dying down . The conversation originally started because it was probably the first time where you had a breakaway consumer application and so there was a lot of above about this idea of is periscope a boon to piracy and all thisother stuff. Piracy and pornography. Those are two things that people have asked us about ever since we started pitching investors. I think that a couple things happen. One, people realized that periscope isnt actually a very effective tool to use for piracy. If you want to get a bootleg copy of game of thrones, there are 50 better ways to do that. The world is a big place. Going to try to force but at the end of the day i think weve done a good job of being very vocal externally on the policy standpoint, this is not something we want on our platform, both for content and copyrighted material and we have a lot of procedures in place to respond to that stuff and i think over time the other thing that helps this external perception is a lot of these partners who were concerned about their content being kind of redistributed on periscope, they became users of the product as well as you mentioned baseball. The doctors and the mets are using pace periscope on most every game to stream practice so that creates a perception that periscope is a place i go to watch the doctors, watch the mets, watch what cnbc wasbroadcasting so that has helped. The combination of those things has helped. Six months ago cnbc was kicking people out of their studio because they were periscope in. I think its changed quite a bit. We will come back here and see whats changed again. Appreciate it. [applause] thank you guys. I wrote to the white house coverage continues this afternoon from cleveland where Hillary Clinton will address a group of supporters. We will take you therelive when hear her remarks again. Until then we will show you a commencement address by louisiana governor John Bell Edwards at Southern Illinois university in new orleans. [applause] thank you. Thank you members of the class of 2,016. President belton. Faculty, parents, friends. Its an honor to share this day of celebration with you. And all my friends, thank you for your Exemplary Service to the Southern University of new orleans and the state of louisiana. Under some of the most difficult circumstances imaginable over the last 10 years. Donna and i and the state of louisiana wish you well in your future endeavors. And while i am here, i want to issue an official statement named by the authority of the state of louisiana, specifically high, John Bell Edwards together with the citizens of this great state to hereby give special recognition to doctor victor u polo, chancellor in acknowledgment of your leadership and dedicated service to the Southern University new orleans and the Southern University system from 2,006 two 2,016 and whereof i have set my hand officially and called to be a fixed this great seal of the state of louisiana, n city of baton rouge on the seventh day of may 2,016. And ive sign this and want to give this to you doctor polo as a sign of appreciation to the great state of louisiana for you. [applause] before i go any further, our invocation today mentions ordering our steps. And so did that musical selection. And god will order our steps if we ask him to. He will order our steps in his words but we still have to move our feet. We all have to move our feet. Youre going to get an opportunity here as you leave as graduates to move your feet as youve never done before so congratulations. Its a great day. To be here to celebrate with you. On may 25 of 1988, i graduated from west point. It was an outdoor service. We were wearing full dress gray over white. And what i remember was raining hard. We smelled like a lot of dirty sheets and the speaker spoke way too long. And im sure he gave a good speech. In fact it was the Vice President george bush much later became president but i still dont remember much of it. So im not going to keep you long today. In fact, im told that one time doctor seuss gave a commencement speech. He got up and he said that the purpose of education is to determine what from stuff and having said that, ive said enough and he sat down. Im not going to be that brief im not going to give up on suno either [applause] i have long believed that suno is too important not to fight for. And when there were threats of closures in the Southern University system, i stood up to defend this universitys important place in this community and in our state. I know that theres a vital role now and in the future for a public hbcus in new orleans and that is your role, suno. [applause] suggestions to the contrary or incomprehensible to me. Your education is not just your priority, its mine. Its a priority for everybody in the state of louisiana. Despite the roadblocks along the way, suno has experienced tremendous growth through new and renovated buildings, steadily declining enrollment and oneofakind programs such as the Forensic Science program and the honorary center for undergraduate student achievement. Named for a louisiana hero, an American Hero and the Southern University graduate, Lieutenant General russell l honorc. Eventually, the fema trailers disappeared and in their place the Small BusinessIncubators Center was built. If that isnt resilience, i dont know whatresilience is. In addition to representing a new chapter for suno, you also represent a new chapter for the great state of louisiana. One i hope that is also resilient. One that i know is resilient as well. And theres no doubt we have challenges to overcome. We are still dealing with the largest budget deficit in the history of our state. Weve seen the largest cuts to Higher Education in the nation over the last eight years and at the same time the highest increases in tuition. In the nation. Over the last eight years. We continue to have the highest incarceration rate in the nation and we should not. The people in louisiana are not innately more sinister, more criminal than people elsewhere. And we shouldnt put them in prison. To a greater extent than the rest of the country. [applause] so while im very frank about the challenges we face as a state, i want you to know that i am also genuinely optimistic about the future of louisiana and that is largely because of the bright individuals seated in these seats right in front of me. You know, we can never and it should never guarantee equality of outcomes in our state but we must guarantee equality of opportunity and access to quality Higher Education is an opportunity and your graduation today presents another. And i want to focus for a minute on samuel apache. Graduating today. In addition to having the highest grade point average in his class, samuel has been working parttime for the past three years as a Research Assistant at the Louisiana Cancer Research center. Because of his passion for life saving research, he has decided to continue this work before starting a joint phd Program Next Year at the lsu Health Sciences center. Thank you samuel. I am delighted that you plan on staying here in louisiana because we need you here. In fact, we need all of you here. Too many times ive seen young people of our state think they might have to leave to get a great education or have a good job or a rewarding career. Nothing could be further from the truth area opportunity, great opportunity awaits you right here in louisiana. Just look at suno alumnus orlando williams. The same year that suno returned home to new orleans, orlando graduated with a masters after also receiving our undergraduate education era suno. He went on to be the first woman to serve as chair of Paris Council and the youngest person ever elected president of the Louisiana Police jury associations black caucus. So never underestimate the power that you have to make a real difference. Your talents and your fresh ideas can forward a new and better path for louisiana. And a determined spirit is one of the greatest gifts you can take away from suno. Its the kind of determination that will give louisiana a better and Brighter Future but it will also help you as you enter this new chapter in your own life and while i am confident that you are leaving here with the tools needed to be successful, i cannot promise you that its going to be easy. The test of school may be behind you but there will always be tests in life and many of them will be harder. And even when it may seem impossible, never, ever doubt your abilities to succeed and dont let anyone convince you that you cannot be successful. So dream big area chase that dream and catch it. Im speaking to you today is the 56th governor of the state of louisiana and had i listened to the experts, the political pundits, the naysayers, i would never have run for this office because i wasnt supposed to win so when i tell you you can do anything, trust me. You can do it. If you can dream it, if you can chase it, you will catch it. [applause] so i hope you leave here today not only with a quality education but with a determination to make a positive difference not just in your life and not just in the life of your family but in your community, in your state and in this world in which we live live. Congratulations graduates and god bless each and every one of you. [applause] Hillary Clinton is holding a Campaign Rally in cleveland at this hour. We will bring you live coverage and she begins her re