Sales on the first day and its one of the most expensive video games ever. Intel is holding its Developer Forum in San Francisco. We are live at the event with the very latest on their new products including what they hope our cuttingedge wearables that can be worn everywhere from the golf course to your surfboard. Perhaps the most important product at apple that they introduced is not a smart watch or iphone but apple pay which tim cook says will forever change the way we buy. It will store credit card information on the iphone and allow users to pay for items by holding the phone next to a reader. You can just wave your wrist of youre wearing a watch. Apple has lined up 220,000 retailers along with visa, mastercard, American Express and they claim the product is more secure than a traditional credit card. How does it work . Is it a game changer and can apple succeed in a business where other tech giants like google have not . Is our guests to talk about it. Gentlemen, thank you for j
Will the popularity of the new iphone lead customers to other new apple products like apple and apple watch . And hes a cofounder of the alan one of most prominent and contrary and intracapitalist in Silicon Valley. I talked to peter keele about the future of paypal which he peter hell about the future of paypal and bitcoin and what it takes to be a successful on to her. First, to our lead story closer toipos inching becoming the biggest ipo in history. The company just used it by from 266 from 66 268 a share. They could raise money 1. 8 billion just shy of the global record, which is the Agricultural Bank of chinas 22 billion ipo in 2010. Meanwhile, the alibaba roadshow ,et with investors in hong kong reportedly saying he will not look for a valuation that is too high. Joining me now is jack green and Leslie Hecker who covers ipos for bloomberg news. I will start with leslie whats the latest as far as we know and what is the thinking behind this new price . You might be thinking to yo