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Terms of demonstrations. they re paying a lot of attention to iran. first and foremost, this is about the budget. they want to talk about the tough choices he s made. about the investments he wants to make, and of course that phrase winning the future, i m sure you ll hear that a few times in a couple of minutes. thank you. let s go to savannah guthrie. the president, he s doing pretty well right now. he s back in the center of the action, sort of the ringmaster again. people want to know how much heat can he take today, i think. and the budget is going to be the source of the heat. also this is the time when republicans will go with deep spending cuts to this year s budget. the president unveil eed next year s budget. he s taken on heat for not taking on the big elephant in the room, the entitlement spending. republicans haven t released their budget either and can t answer whether or not they ll take it on. but the elephant will be in the other party s room? that remains to ....
Solo news conference of the year, the 12th since he became president. he might be trying to frame the argument, in his words, around his 2012 budget proposal. we re watching for that. while we wait for the president, veronica de la cruz is keeping an eye on other major stories. it s official. the owners of the new york stock exchange have agreed to merge with the german stock market, creating the largest financial markets company. cnbc bob pisani on from the exchange on more. hello, bob. hello, veronica. it s official. the stock exchange merging with the deutsche board. people are asking what s driving the deal. there s two things that motivated both companies to get together. the first is that the stock trading business has become a very low margin, commodity driven business. you need a scale to make it work. the second is the profitable end of the business is derivatives, futures and options trading. that s been growing, they ll be a powerhouse in that area on both sides of the a ....
what happens? it can t hear? it can t see or hear, there s no time to see, hey, ken just say 1920s, so it has no idea. i find this interesting. also as an example, out of the box, the first clue that watson chooses, the computer gets a daily double. i was watching and wondering whether it was unfair. what was your sense? you thought the fix was in at this point? i was wondering. daily doubles are not distributed randomly. i know watson s programmers spent effort figuring out where they are likely to be. humans do that, too. it s not like the computer s cheating. we understand the computer gets information from the internet, it places it on a data base. yeah, it s not hooked up to the internet live. but it has, again, 15 terabytes of data, reference works, texts from the internet. it s very good at finding what s relevant to any particular clue. so you got a lot of neem our newsroom rooting for you as well as around the country, as i was saying earlier, team human. w ....