Welcome to finding your piece of the rock, Think Tech Hawaii. I'm your host, Abe Lee. I have been a real estate licensee since 1973. I'm the owner of Century 21, I Property Hawaii, and work with over, or close to 100 wonderful agents in real estate sales. I started Abe Lee seminars in 1980. I have taught over 11,000 students. They helped them to get their real estate licenses, and I teach continuing educations for licensees to renew their license every two years. Our show is dedicated to helping buyers and sellers understand the process involved in real estate transactions. Our special guests will talk about legal issues, escrow, title, getting a loan, surveys, home inspections, insurance, contracts, wills and trusts, and much, much more. Today, we're especially privileged to have this handsome young man, Ethan Okura, who happens to be, by the way, my wife's nephew. But Ethan is an accomplished dancer, singer, dancer, pilot, in addition to being a terrific estate planning attorney. So Ethan, thank you so much for joining us today. Thanks for having me, Abe. OK. So tell us, for some of the people that may have not seen you before, a little bit about your background and your life and how you got into real estate law. Well, I grew up in Hilo on the Big Island. My father had his law practice here in Hilo. And he always told me, maybe you don't want to go into law. Go into business or do something else. And sure enough, I was a rebellious kid and went to law school. So I became an attorney like him and came back to work with him after three years in New York City, where I went to law school. I went to Columbia University for law school, worked at a lawyer's law firm called Clifford Chance in their New York City office. And after doing the grind there for a few years, moved back to Hawaii to join my dad in his practice. And he has since retired. And I'm carrying the tort. Right. Now, what's your specialty in law? Ocarina Associates does exclusively estate planning. And estate planning is helping people to plan how to protect and deal with their assets. So the most common is wills and trusts, but also dealing with real estate transfers, hours of attorney health care directives, anything that we need to protect a person and their assets from incapacity, disability, from estate taxes from probate, and from creditors and divorce, and pretty much whatever you think of if it ties to protecting your assets or yourself. And that's what we deal. Great. And today's topic is going to be on how to protect your assets from lawchairs and creditors and how to hold title, which may be a different way or better ways to protect the assets. So let's go start with the real basics and the four tendencies that people can hold title to property in Hawaii. If you don't mind, you can go through the basic characteristics of several T, and it's in common, joint tenancy, and then tenancy by the entirety. Absolutely. So these are the things that you learn in your first year real property class in law school. So any attorneys out there should know this stuff. And I understand that when you're teaching your seminars and your classes for licensees for people becoming real estate agents, that they also have to learn these concepts, right? Correct. Yeah. So tenant in several T, that's the first type of tenancy you can have. This means that you're the sole owner of that parcel of property. And it's a little tricky, because when we hear in English several, it sounds like more than one. But when we say tenant in several T, the concept is that it is severed or cut off or separated from any other owner. So a tenant in several T is the only owner of that property. And don't get confused with the several in there. It's really for one owner. So that person can lead it to whom they want. They can borrow against it. They can mortgage property. If they get sued, a creditor could take it away from them. In divorce, their spouse might get awarded part of that property. But tenant in several T means you own it by yourself. The next kind of way to just to clarify, you could have a stock corporation. So you could have millions of stock holders. But if it's in the name of that corporation, then it's several T. Is that right? Exactly right. So if the parcel of land is owned by one owner, and that owner is a corporation or an LLC or a limited partnership or partnership, then it would still be a tenant in several T because there's one owner, the entity. But the entity might have dozens or hundreds or thousands of owners if it's stock in a corporation. So that's exactly right. Okay, now with tenants in common, the idea is that there's more than one owner and a tenant in common will own an undivided interest in the property. And that means that each owner has access to the whole of the property, even if you're a 1% owner and a 99% owner, that the two people own it in those percentages. It's not like there's 1% of the property that the 1% owner can use and they can't go on the rest of it. No, that's not how it works. With undivided interest, each owner has access to the whole of the property. But if there's any income, like say there's produce grown there, rent earned, then it gets split according to their percentages, 99% 1%. And if the property is sold, then they would get their 99% 1% share of it. But while they're using it, they both get to use the whole property and neither tenant in common can bar the other property owners from access unless there's some kind of tenancy agreement that restricts their use. Okay, how about joint tenancy? Joint tenants, okay, like tenants in common, you have multiple owners of the property. The difference here is with joint tenants you have a right of survivorship. So when you have multiple owners with joint tenancy, if one of them passes away, the other joint owners automatically own the rest of the property. So let's say four siblings inherited a property from their parents when they died and it's in all four siblings name as joint tenants. Well, when one sibling dies, that sibling spouse and children don't get that share. It goes to the other three living siblings. And the last sibling living ends up owning the whole thing 100%. Even if they started with 25% each. And so the last survivor can leave it to whomever they want in their will or it will go to their heirs if they don't have a will. With the tenants in common, the difference was any owner who had, let's say it was four siblings that owned 25% each as tenants in common, when that sibling dies, it doesn't automatically go to the other siblings. It goes according to that. Siblings will, the one who died, it goes according to their will. If they didn't have a will, it goes to their heirs, their closest living relatives. So it might be their spouse or their kids instead of the sibling. So that's the main difference with tenants in common and joint tenancy. And now in tenancy in common, it can be equal or unequal shares, but in joint tenancy, it always has to be equal shares, is it? That's correct. Joint tenancy in Hawaii has to be in all equal shares. It cannot be unequal portions. Okay, great. How about the last one? The tenancy by the entirety. This is the most exciting tenancy we can talk about. And I know it sounds kind of nerdy talking about getting excited about how you give old real estate entitlement. But when we talk about teching our assets from creditors, nowadays you hear about so many lawsuits, people sue each other for this and that. Well, the tenants by entirety provides a small degree of creditor protection. Tenants by the entirety is similar to joint tenants, but it's only available for married couples or reciprocal beneficiaries. So if your husband and wife or husband and husband, wife and wife, if you're married legally or if you registered as reciprocal beneficiaries, which is a form of status you can register in the state of Hawaii for people who are not allowed to be legally married, then you may own the property as tenants by the entirety. And when we say entirety, it's because originally it was the marital unit that owns it altogether entirely. And so one spouse cannot sell off or mortgage or lose their share of the property to a creditor because it's considered owned by the marital unit in whole. So with tenants by the entirety, let's say there's a husband and wife and the husband and wife own their own as tenants by the entirety. It's 50-50 ownership equally, like joint tenants, it has to be equal shares. And then when one of them, let's say the husband gets sued for his construction job where he had a problem and someone got injured or maybe he was a doc during God, a malpractice lawsuit, but the wife had nothing to do with that lawsuit. Now when the creditor tries to come and collect on their judgment, they can take the family's assets, his bank accounts, any joint bank accounts they might have together. They could take anything in his individual name, but they shouldn't be able to touch anything in the wife's name since she wasn't involved with the liability or the claim or the lawsuit. And anything that's tenants by the entirety that's held by the couple that way would be protected against the creditors of just the husband. Now won't protect them if the husband and wife are both liable. Let's say they both signed on a mortgage and they stop paying. In that case, if it's held by tenants by the entirety, the bank can foreclose and take that property away. They both owe against it. Okay now, I know we're not gonna talk about trust today, but usually when you have a trust, it's the trust for the husband and trust for the wife. And they usually held it in tenants in common, but didn't you say that they changed the law in Hawaii so that you could be in tenants by the entirety and be in tenants in common and still have tenants by the entirety protection? That is exactly right. So back on July 3rd, 2012, Governor Adam Bacromby signed in the new law that allowed us to hold our real estate in trust, in a revocable trust and still keep the tenants by entirety protection, effective as of two days earlier, July 1st, 2012. So if you set up your estate plan with your revocable trust prior to 2012, I guess prior to July 2012, and you put your own or rental properties or other real estate into those trusts back then, then they have tenants in common ownership. That's how the title is held. It was not possible to keep the tenants by entirety protection while putting the property in trust. And so many estate planning attorneys like myself were torn before 2012, what to recommend to clients? Do we have them keep it in tenants by the entirety to get the better credit or protection? But then when one spouse dies, it all goes to the survivor and well, there's no more tenants by the entirety protection at that point. Or did we tell them to put it in their trust to get the advantages of avoiding probate, protecting against estate taxes and some of the other advantages of credit or protection tied with trusts once you pass away? And that was a dilemma. Well, ever since 2012, now we can have our cake and eat it too. We can set up revocable trusts for our clients. We can do it with either separate trusts or a joint trust that they create together. And we can put their property that they already own as tenants by the entirety into the trust and preserve the tenants by entirety protection while it's still in trust and getting the benefits of all the trust planning. So it's a fantastic solution. And one other thing before we go on to protecting the assets and creditors, in a joint tenancy and tenancy common, if one of the owners wants to sell the full property and the others don't want to and the one that wants to sell go to court and do what they call a partition suit sale. Can you touch on that? Sure. So let's talk about tenants in common and joint tenants where you have multiple owners. With joint tenants, they all have an equal share. Tenants in common, it could be different percentages or could be equal. In either case, any one owner can break the joint tenancy or the tenants in common and sell their share to whomever they want or give it to a family member if they want. And so they're not restricted from breaking that ownership up. But it's only their share. So if it's a 25% piece, they've got to find someone willing to buy their one fourth share and become partners with their siblings or other owners. And that's almost impossible. You know, as a real estate agent, to find a buyer was gonna come in and buy part of the property with strangers as partners. Never gonna happen. But like you mentioned, one solution they have is to go to court to do something called a partition action. And partition means breaking up the property. In the old days under English common law, it might have meant actually breaking the parcel up from let's say a hundred acres of the estate into 25, 25, 25, 25 and giving each person a share of the property. Nowadays with a parcel that's a home, for example, that may not be able to be subdivided or split into shares smaller, the real remedy in almost every partition action is just to offer it for sale to the public and they can take it to auction and anybody, including the current owners can bid to buy it out at the highest price. And if you're, let's say there's one fourth each and you bid it up to a million dollars and nobody else outbids you, you can buy the property for a million. If you already own one fourth, your 250,000 is for yourself. So you only have to base 750 to buy out the other shares. And it's a way to force the buyout of the other co-owners, joint tenants or tenants in common. If for example, you want out and you're not getting along, well, there is a way that the law provides for you to do that. Okay, thank you. That really is interesting. So now let's go on to how do you protect your assets against lots of some creditors and what would you recommend as an attorney? Well, that's a great question. And it actually, I have done four hour seminars on just that one topic and I still didn't have enough time to cover it all. So we may be hard pressed to get it all in today but we can cover the big overview outline of the concepts. When we talk about asset protection and protecting assets from creditors, it's best to think of it as a series of defenses, kind of like a medieval castle. When you had a castle, let's say in France or England or Germany and you're worried about the enemies attacking, well, what you did was you cleared the forests around the castle so there was open fields and you could see the enemy approaching and you could have your archers shoot from the top of the turrets and try to catch some of them before they get there. Once they arrived to the castle, you had a moat where the water kept them out and you had a drawbridge to keep them away and so they had to cross the water. Then you had the castle walls which they had to climb and you could have your soldiers pouring hot oil or big rocks off the walls to keep people away and it was really difficult to get in with those layers of protection. So it's the same thing with protecting our assets. We wanna have multiple layers. There's no one solution, silver bullet solves everything with like one flip of a switch. So it's about how to structure things and the most common thing that we recommend to people to start with if you have a smaller budget or you don't want the complexity, the simplest way to get protection is start with a good umbrella insurance policy. Now many of your clients, people, listeners may have heard of that. Essentially an umbrella policy is liability protection above and beyond the basic liability protection that you'd get with your homeowner's insurance or your automobile insurance, which is the general source of liability for most people. Our accidents, kids' friends drowning in your pool or breaking their neck on your trampoline or slipping and falling on your stairs or a guest or a friend or something. So that's how a lot of people get sued, right? Injuries on your property or from your vehicles. And for those of you with teenage kids who are driving, if you own the car and your kid's driving, well, guess what? You're reliable. And if they're a minor, you're reliable for their actions. So that's where a lot of liability can come in. And it's not that expensive. Usually for under a thousand bucks, you can get a million or $2 million of coverage of umbrella insurance policy on top of your basic standard liability. So if you got $1 or $2 million of coverage, most of the basic threats that you might face would be covered and you'd be protected from. And that's where I recommend most people to start. Now, if I'm gonna go on and talk about what else we can do, there is a concept that we usually discuss of inside liability versus outside liability. And that's an important distinction to understand when we're structuring what's the best ask protection plan for someone. And when we say inside versus outside liability, we're talking about specific assets. So some of our assets can generate liabilities. One example I mentioned was your car, right? That's an asset that could generate liability. Another would be a rental property. If you own a rental property and the tenant slips and falls, they could sue you as the owner and come after your personal assets. One solution for that is to set up a limited liability company to own the rental property. Now, instead of you owning the property, you own the limited liability company, so called LLC. And the LLC is the tenant in several T, the sole owner of the real estate. And you could own the LLC by yourself or with a spouse or with a partner. Now, once the LLC is the owner, if a tenant slips and falls and they get hurt and they wanna sue the owner, well, the owner is now the LLC, not you personally. So your personal assets like your home and your bank accounts and your stock accounts should have a great degree of protection from getting sued by that tenant through suing the owner of the property where they got injured. Now, if you did something negligent yourself, then you could also be personally liable even though you had it owned in an LLC. So it's not foolproof, but it does provide a great degree of protection, especially if you have independent professional property managers running that property management for the tenants. So that's an example of inside liability. Liability generated from inside your asset, your rental home, and that LLC provides a shield to protect your assets from claims coming within inside that asset. Now, how does outside liability work? If you have someone suing you for something you did, maybe it was malpractice as a doctor or you caused a car accident or you owned the car that caused the car accident, maybe your kids were driving or a spouse. Well, in that case, they can sue you personally and they have a claim against you and say you got a judgment for a couple million dollars against you and you own a rental property free and clear and you were smart enough to put it into an LLC to protect that asset from your creditors. Well, it will protect you from inside liability. The tenant cannot sue and get through the LLC to come at you personally. But anyone who got a judgment against you for your car accident, they can collect on that claim and they could take your LLC away from you and now you lose that rental property to the outside creditor. So that's where the LLC only protects from inside liabilities. It doesn't protect the assets inside the LLC from your personal liabilities and claims if you are the owner of the LLC. And I'll just touch on it. It's probably too much to get into detail but one solution for that is to create an irrevocable asset protection trust that can own the LLC instead of you. So now you don't own the LLC, you don't own the whole. Your asset protection trust owns it with an independent trustee. You can get all the rental profits coming out of the LLC. You could have the LLC or the property distributed to you from the trust at some point but as long as it's owned by the asset protection trust and you've passed the window of time for creditors to come after you a couple years, then when a claim arises in the future, they can sue you, they could get a judgment against you, they can't collect on that judgment against the LLC or the property in the LLC if it's owned by the irrevocable asset protection trust. And that was a mouthful. So if you didn't get it, don't worry, maybe in the future we'll go into greater detail about these asset protection trust at some point. But do you want any clarifying questions on that, Abe? No, that's really fascinating. How many people actually do that? You know, in Hawaii, not a lot. When we see wealthy clients, a lot of them will have some kind of complex structure because they're already planning to protect against estate taxes or death taxes anyway with irrevocable trusts. And so often we have these creditor protection structures built in. And yet there are a handful of people who do come for that type of protection even though they're not multi-millionaires. You don't have to have a lot to protect. And whatever's a lot for you is worth protecting if it's just your home. And you know, it's worth a few hundred thousand dollars. Maybe it's on one of the outer islands where land's a little cheaper than Honolulu or Wapu. But still, that's your life savings. That's what you've got to protect. The asset protection trust can, but if you and I have had clients with just a few hundred thousand that have opted to go this route just to protect in case anything happened, they wouldn't want to lose what they've saved. And what's funny is, most people who come to me specific before asset protection trusts come after they've been sued or they're worried about being sued because something happened. They got into a car accident. They had a malpractice lawsuit as a doctor. And then they start panicking and they call us and say, what can we do? Sometimes there are minor things that we can do to help better structure their situation, but usually it's too late once the claim has already arisen. To do good credit or protection, solid credit or protection planning, we have to do it before the claim arises. And unfortunately it's hard to motivate people to come see the lawyer, spend a little money, go through the little bit of work it takes to set it up unless they're already panicked because they're being threatened, but then it's usually too late. So those who have foresight and come early are the ones that are protected and they can sleep easy at night and they don't have to. Okay, Ethan, this is fascinating, but can you believe it? We only have three minutes left. So here's my question to you. You said you do seminars. How do they find out about your seminars? Well, we would post about them on our website at okuralaw.com or they can call our office at<PHONE_NUMBER>,<PHONE_NUMBER> to ask about it. We don't have any seminars scheduled at the moment, but periodically we do have them. And so if people are interested in a specific type of seminar, ask protection, qualifying for Medicaid for long-term care and nursing loan costs, basic estate planning, complex estate tax planning, then they can call and let us know they're interested and we'll be sure to reach out to them when we do have a seminar available for them. But you also have a lot of the articles on your website if I remember, because I went to your website the other day and you have different topics that are listed. That's right, yep. We have a bunch of articles that we've written. I tried to do a blog once a month for the last 10 or 15 years or so, so there should be a hundred or a couple of hundred articles on everything from powers of attorney to asset protection trusts to that new law back in 2012 when you could now put your property into trusts and keep tenants by the entirety. So there's a lot of stuff there. I guess I should go back and try to update some of them because some of them may be outdated, but it gives you a great background and general understanding of some of these concepts before you come in for a consultation so you'll know exactly what the issues are and we can help design what the best strategy is to solve your problems. Terrific. Now folks, Ethan has done estate planning for some of my clients that I didn't even know they had Ethan do their estate planning. Later I talked to them and they go, oh yeah, Ethan did the estate planning already. So I'm very proud that Ethan's our nephew through my wife and wonderful young man, smart as a whip and really easy to talk to. So if you have any interest in knowing more, please go to the website, okorollaw.com. If you're interested in learning more about real estate and pre-licensing and learning how to be a better prepared homeowner or buyer or seller, then go to ablyseminars.com or class schedule. And even if you're not intending to get a license, you're welcome to take a class just for educational sake. If that Ethan's sister took my class and she's a very wonderful successful real estate broker as well as the office manager for Ethan's law firm. So folks, go to thinktechkawaii.com and look at the archives of the wonderful shows that are posted. There's literally thousands of different topics that are on Think Tech Hawaii and they welcome donations as well. So thank you so much Ethan for being here. I think we need to have you come back one more time for what it's called retirement plans and how to do the IRAs and the CEPs and things of that nature. So we got your schedule for one more. Happy to do so, thank you. Okay, thank you so much. And folks, happy new year. Please go to thinktechkawaii. Go to okorollaw.com and to ablyseminars.com and hope you have a wonderful 2024 Aloha.


I bet traders happy Tuesday everyone welcome back good to see you all Alex Wayne everybody grand everybody on social media Welcome back here from Facebook all the way to YouTube and Instagram Really exciting day. I think it the Monday was actually pretty good We're gonna talk about some of the big winners that we have we had big yet the tool of lady Well, look ladies at the top of via lady pack W Kava was moving up pretty good also had a probably some of you so what happened with AMC Yes, yes straight to kind of pick it up pick up from Friday, but a couple of good stocks You know typical Monday holiday season. This is a really big week. You got the Fed meeting It's going on this week. Some people are predicting another Rate hike they would pray talking about how more or less how the Nasdaq Obviously is breaking new new highs and stuff like that. So a lot of really cool stuff. I'm gonna check it out I want to start off with this BFRG really quick some of us seen this stock this morning really nice move You could see it right here stock went from 425 up to 525 a dollar in less than 30 minutes I was over here checking out level four Which by the way, I know a lot of you I sent some emails out there You guys have my email address if you're interested of finding out more about level four or remember I'm going to be on Nasdaq this week talking about Nasdaq total view which is very similar on Thursday, I'm going to be live there one o'clock. We'll send our email. Hopefully you guys watch it and Definitely try for $15. You have the opportunity to have a seat on the exchange for everybody on social media to watch It like why would you not want that? I just don't understand I used to pay you pay millions I paid Thousands of month just to have that at 20 years old and 30 years later. It's $15. How do you not want that? But let me put my email address just in case and in restream And also to meet here guys as my email address if you guys want to reach me there Look forward to get you there and get it. By the way, anyone here on I got a lot of emails yesterday to Everybody want a promotion code for level four, you know, once again email me All right, let's talk about what happened yesterday because there were a couple of really nice stocks I want to start off. I thought this one was probably the best one the bbi g Yesterday, I mean this stock had a great run up. You could see it from here This thing ran from three dollars right at 9 30 did a little bit of nasty shake and then right around 9 50 We had that really big pop thing ran to 5 75 And less than an hour and I thought that was probably our biggest win of the day Did the tupperware stock that one had an early run just made this big move and then kind of just stopped It's been on a really good move the last couple of days I mean you could see it from friday stock literally ran from right around 80 cents to about a dollar 80 Up about a hundred percent more than a hundred percent. That's not bad for a day AP um apld that one also very very fast runner The only thing I was really discouraged on this stock right here Was that I really thought that this stock was going to make a nice little break It started around 5 25 and it ran up there about within 15 minutes And I looked at this. I'm like, you know what that looks like a fowl still flag right there I really thought that that was really gonna break out and it almost did Big big resistance, but the big thing that you had to look at that stock is yesterday There was a great iceberg order that was hovering and holding it down at 9 75 And he was refreshing was updating his quote and it obviously kind of backed right off, but Once it got around here. I thought it was gonna make it but it right here this little fowl still flag right there Broke it down. So anyway, it was a nice winner if you came in late around 10 o'clock Even ran from 9 to 9 75 it still was a really nice trade. Anyway, a couple other one pack Packed up. I think I'm gonna put this back on the watch list I mean this thing has not only this is one of those stocks the california bank stocks that got crushed You had a few of them out there. I kind of took them off my watch list You know, but uh, wales was a double one, but She moved pretty nicely yesterday. I mean you could see it went from 9 60 all the way to about 10 60 The stock took a very very big hit back in march when we had that big crash roll of stocks You know, they got really took a really big hit but doing pretty well Kind of like it want to keep a kind, uh, you know, it's been moving up pretty nicely the last couple of days 780 it's already a 1080 of three dollars It's got this big resistance levels right around here right around the 12 dollar price range right below that So that could probably make up as a good swing trade and then there's the kava trade It was so funny. I was uh, I took my son out We uh, I had to run a couple of errands and I was talking about I was telling That they opened up a kava next to my house And and I says, uh, you know, I just tell my son I bought that stock because I oh really dad the girls love it Man, that's all they talk about they rant and rave about I'm like really? I'm like sometimes you learn a lot from your kids when you listen to them and like, oh my god It's a great a great great company.  I don't know what's going on But they love it but kava.  I'm like $15 for every salad I mean, it's a good salad big salad but talking about the line in the millennials in there buying it keep an eye on kava You know as a swing trade, but I'm still holding it Who knows some people said it could be the next tripolte and we all know where tripolte went up to Not even in the hundreds went to the thousands. Okay, so You know, like I said, I don't know. We'll see what happens. Anyway, a couple of the stocks are moving pretty well Uh, we had the csq that thank god came back a lot csq had a really really big move does that stock that we own as a swing trade also pays like eight nine percent dividend every month But uh, it was a really good buy around 1350. So not only getting paid every month on that dividend You know, that stock did well too. All right, so let's talk about um, pack w has earnings after the bell today Thanks a lot brian for sharing that and that's why we're going to put pack w on our watch list too Now there were a couple of stocks that did also mature in the pre market. There was this elbm I don't know 7 000 shares up 65 really didn't go anywhere. It's kind of flat. I was looking over here on level four I'll bring this over here so you guys could see it here I mean, I'm not really seeing that much action, you know here going on this stock. So Maybe on the b-list I'll see how it works out Sometimes we see these things move up but 7 million shares traded in pre market still didn't push it this stock too also under a dollar You know This guy it's gapped up. It did great yesterday after hours, but you kind of died There are a couple of big iceberg orders that did show up right here I'm seeing someone just got executed right here for about 25 000 at a dollar You know, so I don't know It needs to like number one and number two, but the bfrg That one on the other hand like I said very strong. It's holding here Had a really good move. It's got some big support levels right around five I'm not really seeing too many buyers at five, but bfrg We'll see how she pans out which opens up. I'll definitely throw that in a watch list Here's the stock that just gapped up pretty big but not really moving pmw pwm New ipo not really moving that much A a b v c another one's gapped up pretty big up 13% Not, you know, very spotty on the chart is what we stay away from You know, we want stocks to have good volatility good action good trading movement This one's not really moving losers list. This stock is getting crushed Lot of support levels dollar is the magic number when you break a dollar That's what it ends. It's right there 99 cents to a dollar I'll put this on the b-list for a dead cap ounce n m tc But remember it says medical technologies. What do we know about medical stocks? They don't come back All right, so be very careful with that one st. Okay Another another pharmaceutical stock didn't do too well So these look like all nothing really great there Obviously, this one's coming back down for that big run up got to mention this one too the bj The bj dx Sorry about that guys. I've got to mention that. That was a big move yesterday. That thing ran from 650 all of this 1350 Another great day trade, but we know why she's coming down anyway Now and why she's on the big losers list on the new york stock exchange of 25 percent This stock right here 37 cents, but she just basically just gapped up didn't go anywhere You know, you got to remember when you see these stocks that gap up and someone's like, oh I heard that stops up 30 percent just because it's up 30 doesn't mean it's not going anywhere You could see in the pre-market So and some people get caught up on the height and they get themselves in trouble on the other hand this stock looks pretty good big move yesterday from 11 o'clock to about two o'clock had a good move from a dollar dollar 70 38 dollar 80 that one is Definitely going on the watch list and I only not only do I have it on the watch list But I have it on level four and we got a couple of big worse iceberg where you see some vine just came in You see these green balls they got hit and it's kind of like testing those highs right there This one's not that bad. See if we get a good push on it cheap, you know Very inexpensive.  That's all we do trade, you know I'll say about 80 of them losers on the new york anything there Well, we know why amc's there are our xt right this stock is getting crushed. I don't know if it's on your shortlist, but definitely expensive and also very uh You got to be a little bit more an advanced trader, but if you could afford it that stock is not looking too well It's really pushing down very hard aim see we know why that thing is on the losers list They have to see what happened, you know last couple of days We bring it up to show you what happened.  We thought it was going to come back But pretty much he died, you know had a little bit of a bounce back, but that's it But i'll stay away from it aim see gets pretty volatile Um, that's right grant. They do not come back. All right Now anything else uh out there. I think that we got one two three four five stocks uh Street uh street chefs has a stock up there coming out soon big pop yesterday what on the on the the tk r a oops tk r r a It's time coming up on my watch list. I think that uh, you got to give me another You got to give me a uh the right symbol that's not that symbols. This does not exist t tk r uh tk r a all right Anything else about a fed start meeting today could be a little slow today. Yeah, I mean listen Michael we all know there's always something that's moving so It might be slow on some brand names.  I mean, we'll see how the feds come up with all right now. Remember today also We will be broadcasting live on instagram and on youtube We have traders talk meeting today which starts at 11 o'clock So if you're watching on social media, we will be broadcasting on all our social media networks live for about an hour We're gonna one of the big things we want everybody to do is you have our email if you have any questions We're gonna pick a couple of questions. I'm going to go through it. It's a great training program a great great product that Lesson course that we offer here at ctu So don't forget to meet us back at 11 and then tomorrow i'm going to be live we got open house I'll be on uh, I'll be on nasdaq. So we got a really busy week this week. All right, so let's step it up. Um, oh you misspelt it Yeah, no problem. Just like whatever whatever this the t the t r k t. Okay, there he goes Let me just let me just bring up the stock for for a street chef so on on he's on youtube right here t r Right there. Yeah, I mean this stock right here. It's not really doing anything stock trade 14 000 shares And that's not something we would really trade. I mean, I don't know what you call as a pop wise but 14 000 shares I mean the stock I remember we did trade it back in march when it ran from six all the way to 25 But she's not really going anywhere, but you know, hey, it might it might move I mean, listen, we'll keep an eye on i'll put it on the watch list. You never know unless you know something We don't all right everybody. Good luck today. Happy trading. Don't forget about class today And we will start commentary once the market opens up social everyone social media We'd be back here at we'll be back here at 11 o'clock and at 230 live I remember we're live here every morning at 9 a.m. And at 230. Good luck. Everyone happy trading trade safe And we'll we'll see we'll see when the market opens up at 9 30


Well I research the effects of climate change on the water cycle, how much water there will be and how dry it might become in the next 100 years or so. We'll do it for basically all of New Zealand really. We focus on different sectors, say the hydropower sector. Hydropower provides about 50% of New Zealand's electricity supply and so how might that change in the future might we have more droughts, might we have fewer hydropower droughts back in the 90s. We had a serious drought that put a lot of pressure on household electricity use. It's a big team effort really. We take data from the past about the climate and about hydrology and how much water flows down the rivers and we make predictions about the future based on how we think the climate might change in the future. Basically the project is about to start and so we're just looking at the problem now. We're working out what the right questions to ask are, working out who to talk to. It can be challenging. You might spend a lot of time looking at a computer screen and so in a way you can lose some of the tangibilness of the issue but it's a real issue. The computer is run based on hydropower and so there's a real connection there if you think about it. I'm really looking forward to getting into this because it's a question that a lot of us have been asking for a while and we haven't got round to answering it so in a way I guess I'm impatient. I want to know what the answer is and I'm sure other people are too.


You ain't leaving me, Addy Hello everybody and welcome back to the channel as promised tandem testing in the VA M4 ESDA pro car. I'm joined with of course Addy, Reveils, and Ryo, Raizo Names, names escape me sometimes. They are old Forza guys that Addy used to drive with. They competed in the ESDA back in Forza So bringing them out. We're gonna do some testing to see if my car can keep up with some of these cars in this V8 We did adjust it. It is now on nitrous. So we do have a little bit more power in the car So we're about 990. So make sure you guys follow me and also should meet all the trial and scripture box below Let's go drive.  All right, I'm gonna run this in third first and then just uh And then I'll go back on first. Oh, I didn't get a chance. My gearing's off.  I Was on an OSW gear set, so we're gonna change that. I forgot my spawn to pit button is on my stream deck now not on my wheel Not gonna launch the car loud as heck. Oh, yeah, my car is really loud dude. I didn't turn my headset down I mean Full send right It's actually louder than mine Nope, nope. I noticed my shift lights are incorrect now, too Because the RPM is no longer at 10,000 RPM monster Hi, hi, let's see if I can chase you down Are giving me a hard time.   I don't have to do it on it You know my opinion on that I had a bad entry. I'll catch you though.  Sorry You're good But I mean But you weren't like struggling to stay behind me, were you? No, it's I think it's quick enough You're fast, but you're not like You're not slow either Now I gotta edit the model because flames coming out of the hood on the V8 doesn't really work Wow I misshifted You're getting some weird stutters for some reason you are. Yep. Uh-oh Yeah, I am too a little bit. I'm not gonna. I don't ever get stutters You have a really good pc riser Uh, it's not as good as uh It's not as good as it used to be but For the time it was built. Oh my Oh, no, oh geez my screen just popped up on the bottom saying steam addy's playing a set of Corsa. No, really? That's captain obvious. I couldn't tell He's just why I wanted to ship down so bad. He's pushing my door in I couldn't tell Why did your steam update that late? I have no idea. Mine just said revails this point Really? Has it told me you're playing the enter I got thrown off I was all right. Oh, you're good. Dude. I was like in your pocket. So like when you went too deep I'm like nope. I'm done. I can't transition. It's over Oh my god I want the vert tax kit Here actually matter of fact, let me I'm gonna jump out of here real quick and jump right back in See if I fix this thing. Okay I got boost. I don't really know what I did there, but what I did was punted you I could really tell that bmw is freaking fast If he gets gripped up man, so I am noticing um A lot more flat foot power in this car though a lot more like heavy on throttle power compared to um The car I was running the motor I was running There's a lot more just like matted throttle more power just like And it's more surgey Yeah It's a surgey boy now Addy, I need you to rip apart the engine bay Right, uh-huh. I need a new I need a new motor in this thing. Oh what you want? Oh No, I want the same motor. Oh, you want to chase though? This car need the beans. I feel like this car has too many beans right now Oh, that's a wall. That beam that beamers set up just perfect What the heck? Let me uh, I'm gonna give you a chase and third addy. All right. I'm just curious Wait, I've never been a this car has been such a huge project and it's such a project from my heart Yeah, right though. Did it fix it? No, I'm not gonna be able to transition that I'm wondering where are you right though location wise Uh, I'm like an hour for me. Yeah So you should it should be server issue It's not it's not paying. I've sitting like 57 paying I was about to say you should be about 50 to 55 to 65 because I'm at 65 And it doesn't it doesn't seem like it's frame drop either because I'm watching my frame right now. I mean, they're steady Yeah, my frame. This is like skippy a little bit It's not bad skip, but you can definitely tell it's there I'm curious. I want to try something else really quick. I'll be right back.  I kind of felt you that entire time I keep hitting my spawn to pit spot on my steering wheel even though. I know it's not there anymore It's just a habit. Yeah, it's a force. I have it. It's that panic button of like, uh I just keep switching at these runs like from first to third just because Hey, it's a variety, right?  I could take a few bumps addy. I know I mean we can get a four man. Let's do it I can try as a fool I'll I'll be in the back I was a full-on football tackle. Yeah, that wasn't that wasn't just a gentle tackle It's really hard to be the third and fourth slot on this track You get so bound up. Uh, I want to back it way up Hard to stay full arc No, no, I'm gonna I'm gonna stay here. I don't feel like I try to I try to My god, they ain't well too. They ain't strong Oh, we really wide All right, Rizzo, you owe me a new bumper and a back bumper I just rode off my entire car time to build a g80 Rizzo, where's my bumper? Got that I think it's so much grip Oh, no, oh a little wall tappy-tap, so you know where we should go I'm down. You want to reminisce fours of days? Atlanta? No, either well Atlanta or uh Daytona or sunrise sunrise Oh my god Sunrise I ain't been on that track. I don't know how Got that track on there. They do, but it's uh Yeah, it's not a good version though. They know he's made a really good I mean we could throw down Atlanta All right, I'm gonna be honest. I'm not 100 Oh, I can't speak. I'm not I'm not 100 sure how good this car is gonna do on this track. I actually have not driven this track with this car So this will be good because you know Uh, I'm gonna try it We're gonna send it Just watch that Oh my god, oh it's just happening in the mirror. That's pretty funny. Just add it to my uh, add it to my tap All right, back back. Oh, yeah. Yeah, we in the dirt I think all of us are the kitty litter All right, so initiate sooner got it Is this the vdc first? Yes vdc. Oh, okay. Did any of us make that run? No I went up to the horseshoe and then reset Oh I got it I believe any of that would do All right, any let me take a leave. Let's try and actually uh Make a run Yeah, I would say we're professionals here. All right, addy. I need some milk I think we all need some milk I need that glass right here I might give them a little bit of space for wheels just in case Okay Oh, dude I think you hit directly on my wheel like a wheel. Oh, that's hurt. I was definitely a wheel to move My wheel just snapped like 180 degrees the opposite way Oh, that was painful Was a dd too BMW sounds so god named brawling.  I think the uh, I actually think that this The changes made to this engine made this car a little bit slower to be honest with you because it's got so much torque We may need to change some of it back. I thought I found the problem with your car, uh, bryza Your rear your rear uh cpu fans aren't spinning. That's why you're glitching Dude, I can't see anything behind you going up there Okay, I need to add those extra animations for you. I gotta get this thing. Uh, I gotta get the actual model fixed first Yeah, I know somebody who knows how to do that Are you too car are you gonna stop or what god dang? Yeah Center needs more of this but just fun.  I think uh, I think I'm quite okay with this engine All right. Well, we'll find on you both those being v8 cars Well, I think I'm okay with the fact that I can keep up with you. I'm actually running away from people So I think it's good. I mean I don't know. It's there's there's a lot of uh A lot of heart that got broken having to go v8, but you know Oh, yeah You know And it would be a it would be a party car, of course I'd like to put a 2a r in it. Well, see and that's the thing There's a difference between this comp car and my party car My party car can have whatever I needed it this car has to be Yeah, the 2a r man though would be so nice That's not gonna work


We're getting weird. Yeah, because Tom said you've we've nouned it which sounds like yeah. Yeah, we're being a noun to explain Nouning a verb, right? Oh my gosh. It's a circle The vicious milk sir mm-hmm. Yeah, I know circle either the circle of milk. Yes What was the movie Roger will know this what's the movie Roger where the guy says I've got nipples Brad Can you milk me you remember that? Meet the Fockers is that it meet the parents, right? That was the sequel. It's definitely meet the parents. Yeah I've got nipples Brad You milk me that's Robert De Niro's line. I think isn't it? It is.  Um, good for you Use comes from the Latin milk comes from Germanic And this is an example of why English is such an adaptable language because it is pulled in Romance and Germanic languages together so it often has pairs of words that it could use for different things to become more specialized Bunch of hooey if you ask me Just talk English Yeah, me talk funny one day You talk funny now one day what yeah When they call it a romantic language, I've never understood that that just mean Hey, baby. What's up? Or is it like something else obviously mean something else? No, it means if you use it then you're romantic. All right Very simple on the beach got it and Mike points out in chat that the circle of milk is the only memorable song from the cow king Performed by Elton John Only one day on Broadway, but what a day They milked it come for the show leave with a jug Mm-hmm. I haven't drank milk out of a bottle since 2013 But with a never drank milk out of a bottle.  I haven't had milk The way that we would traditionally do it here now Serial and then yeah, no, you haven't None of it you have not drunk milk since 2013 I gave up on it because I had a feeling that it was contributing to my inability back then to lose the weight I wanted to and sure enough as I quit. I lost like 20 of the pounds. I was trying to get you're kidding Yeah, I mean, did you drink a lot of milk? I mean not more than anyone else probably but I'm theory was like, yeah, some people just Well Have you started drinking again or no? I had no, but that's a great question Some would say hey Scott, how can you put some of that weight back on and I would say I? Have learned to be skilled at stress eating very good at it. Ah, gotcha. Yeah, and And while I don't like to blame others for my Conditions to do with me There's a very specific event that happened that you could trace back to the 40 pounds or so that I gained back and then Threaten in every cell. Yeah, it's really it's on every web page I I blame my wife Because I was skinny before I got married.  I'm not sure the worst body dysmorphia my friend Brian or my friend Roger Probably a little of both. I don't know I feel you Fred stop I was as thin as Tom was in like 2016 and I loved it and now I'm just kind of back to what I was So I'm trying to get back there again Tom is as thin as I was You were really thin. I mean not in a gross way or anything But you were you were always kind of like, oh, I should be this time are about the same age I should be about where Tom is because you were always like this this thing and I somehow just lost track of that Like I don't look at you The circle of milk you need to go back to the milk, right and you can quit the milk. Oh see I hadn't thought of it that way. Yeah Hey Scott Johnson, that's me. Would you like to read line three to start today's show? I'm always up for reading line three. I like that. It's always line three. There's something comforting about that Yeah, it's a it's a solidity a stability line three has changed lately though Kind of like almond milk Yeah, a little like almond What's the next nut we'll be trying to know? Everything it's worth, but don't juice it. All right, ready. Yep. Here we go. There we go. I'll count you in in five four three two one Thanks to everyone who supports independent tech news directly If you're not already become a dts member at patreon.com slash dt and This is the daily tech news for Wednesday, November 21st 2018 in Los Angeles. I'm Tom Merritt and from studio feline I'm sarah lane and milking a very starting to get very old and icy mcdonald's coke I'm scott johnson in salt lake city And i'm uh roger shank somewhere on the edge of ellie county edge of tomorrow That's how I edge of tomorrow and also the show's producer. Yeah edge of sanity. That's right Uh folks a fair warning if you're not in the united states, you may not realize it's Thanksgiving week here So there will be no dts thursday or friday as we give thanks for our blessings and then spend all of our money on black friday But we will be back with full shows on monday. We're here today though. Let's start with a few tech things you should know Facebook is rolling out It's your time on facebook tool that reports how many minutes you're spending using the facebook app per device Users can set a time limit and then receive a reminder to stop using facebook when they reach that limit or ignore it Uh google assistant for ios now has a syrie shortcut. You know, that's right mixing your voices Which lets you use syrie to ask google assistant something users can say hey syrie Then the google wake word to do anything they would normally do with the google assistant for ios I love this. I love this breaking breaking out of the chains. It's great We're getting there a little it's slightly clunky, but I like it too. I hope ali does it too He said security researcher lucas stafunko tweeted that he found 13 gaming apps from a single developer in the google play store That were not gaming apps, but malware the apps have been installed and estimated 580,000 times or more And presented themselves as driving games Though you never really got to play them because they were all buggy and they would crash behind the scenes However, they were driving you crazy But no they're mine behind the scenes the original apps icon was deleted and malware was downloaded Which had full access to network traffic though It's unclear What the malware did besides that besides accessing that the apps come from the domain registered to a developer in istanbul Google has since removed the apps from the play store All right, let's talk a little bit more about the meaning of the big minds Piece at last piece in our time cooperation collaboration scott. Tell us about it.  It turns out kind of bums me out Anyway, hey listen to this microsoft engineers are contributing code To google chrome browser. All right, you heard that right find folks behind edge and before that internet explorer Are contributing their code to google chrome browser in order to let chrome run natively in windows on arm processors Uh, which is you know, you can see a lot of smaller devices doing this qualcomm is also working on the project Windows 10 for arm uses an emulator to run x86 apps But native apps run better as you might imagine and one of those apps that will soon run better would be google chrome Yeah, uh windows microsoft doing this one right right windows rt was kind of a wash because They tried to port a few things over they didn't have emulation and it just didn't work Windows for arm much better because you can emulate so anything you have on x86 you can still run But it's still an emulation and i've used emulation for quite a few things in my time I'm sure many of you have too and you know that it's great when it works But it doesn't always work There's always little weird bugs and little weird things so having a native app is better And I like that microsoft is saying let's put the emulator out there Let's use that to get people to be able to use these arm based Devices and then let's work on native apps then we start to move the ecosystem along and reaching out to google and saying Hey, we get it man. We'd love if everybody used edge But they use chrome and if we want people to buy the devices that have windows 10 on arm They're going to need to be able to use a really good version of chrome and google's like great Yeah, we'll do that love it. It kind of strikes me interesting that uh The old areas where it felt like companies weren't budging on competitive stuff Are the areas we're seeing crumble away Sharing code putting software on competing devices and also making your own hardware Like that stuff seems to be going away in a in a way that seems shocking if you just go back 10 15 years and look at What things were like then it was a very different approach by all of these companies. So I'd love that but I also feel like They're just moving on to the next fights We're not the important areas for the bottom line. Right. Right. We're going to need to get to other things Yeah, this is interesting to me The information reports that apple acquired a privacy oriented ai company called silk labs Which crowdfunded a smart home monitoring camera back in 2016 that used facial and object recognition to recognize people And pets only sending key moments to the cloud and anonymizing data Yeah This this one's getting a lot of buzz today Because apple did it without people realizing it till the information dug this up And of course everybody's wondering when apple's going to come with some kind of ai smart display home security System beyond just home kit And this seems to point in that direction it in and of itself though is not surprising apple is You're doubling down on privacy all the time You tim cooks out there on a little campaign talking about how apple's the only one that cares about your privacy So buying a privacy oriented ai company so that they could make These kinds of devices that are often associated with being a little creepy in a way That secures your privacy makes perfect sense to me. Yeah, it seems likely that they would because um, there's nothing about this that says Whatever the company's doing now with the way it shares information or the way it uploads anything and stays in the cloud or whatever none of that has to Has to stick and in fact you would imagine if apple Really got their hands on this and did something to it They would probably make it so if you wanted to you could share data with other people over Ai cloud and say here's my live security camera. Check it out. Make sure everything looks good I'm I'm out of a connection right now because I'm traveling or whatever I could see them doing all of those things this to me Despite the you know, kind of everyone freaking out about it really doesn't seem that freaky to me It seems right in line with Something I might expect to come from apple and also facial recognition Is right in line with what they're trying to do with face id and converting a lot of their devices and services to To be smarter sort of ai recognition products and not something about your thumb or about passwords So none of this seems shocking and it also seems like Maybe something cool will come out of it, but I bet we're a ways off from that Like an apple branded security system. I think is a ways off Hey, I mean at last they I don't know somehow bundled this into the home pod. I don't know A new version of a home pod maybe yeah, because it's sort of like okay Well, the home pod hasn't exactly been selling like hotcakes, but it's also it's not that competitively priced And some people argue that siri is not as good as some of the other assistants So, okay Well, how do how do you make that better rather than just add some other security camera type thing to the lineup? You wouldn't put it in your apple tv Mostly because a lot of those are obscured by media centers and stuff. I don't know. I'm just just thinking out loud Just spitballing Amazon's going to launch a newscaster style speaking voice for its voice assistant in a few weeks So that your text-to-speech readings particularly of articles will sound like a newscasters reading And if you're if you're having your echo read you a story it can sound like it's being read by a news reader The new style option uses ntts or neural text-to-speech that uses machine learning to generate the expressive voices They're also going to improve the default echo voice as well so that it sounds more natural amazon currently uses an older tech Called concatenative speech synthesis. You've probably heard that one described. It's how they do siri It's how google used to do google assistant They just assemble words from individual phonemes So they have someone record them in a bunch of different ways so that they can sort of fake the expression The ai version learns the expression and emulates it google has also switched to machine learning to generate its voice assistant speech patterns And amazon says it only took a few hours worth of data to train the newscaster style voice now Here i want to play a few of these and you guys tell me what you think This is the amazon alexa we get right now billion dollar grand central terminal open And this is the next one. San francisco's 2.2 billion dollar grand central terminal open And spanning three city blocks. This one is the newscaster style San francisco's 2.2 billion dollar grand central terminal open spanning three city blocks San francisco's 2 billion dollar transit terminal is open. This is after nearly a decade under construction Not perfect, but better. Yeah. Yeah, it's it's it's it's not going to fool anybody, but it's definitely Well, oh I was i was about to say it's a lot more pleasant I don't know if you just care about the information. Maybe you don't care, but As somebody who talks for a living. I think that yeah that newscaster type voice can be very soothing I think it's a enunciation and an emphasis. I think that stuff's important to the way we hear things and The better they get at that. I think that's a really good move It would also be really cool if they could get to a place where you could pick a style So tom you're a huge bbc fan How would you like one of those dry freaking bbc news? The time is full 30 mgrinich mean time guys one of those guys At the end of your thing or give us a night Like I'd take all those variations and be fun way to consume content that I otherwise might Be too tight up to read or push to you know send it to an email later Or do other some other thing with it and never actually get to it I'd much rather listen to something that seemed at least like it It could talk like a person you have received a package containing shoelaces. Yes, just like that Right emphasis on all of it package and shoelaces Uh, my problem with their example is there they have a news story about the building that's already closed because it cracks It's beams. I'm like, why did you use the opening of the trans bay tower in san francisco as your example? But I guess most people will notice that sure why not uh scientists at harvard. That's right. We're harvard men today and women uh have developed something called a Meta corrector Yeah, that's right. This improves on compounded lenses used in images a single layer of nano pillars Spaced less than a wavelength apart manipulates the phase amplitude and polarization of light It's cheaper and more efficient at correcting chromatic aberrations like purple halos The anatypical compound lens. I have a friend who's really excited about this by the way Anyway, it can be used in all kinds of optical systems and the team plans to continue improving efficiency for use in miniature optical devices I would assume this would mean cameras and things because my friend who programs for Uh specifically for android based cameras On android devices and I don't know who he actually works for I just know he does this He's flipping out about this. He sent me a copy of a link to this article Before I even knew it was going to be in the show today and he's like dude. You have no idea. This is a life changer This is huge stuff.  I still don't totally understand it But hey better optics means better cameras means better Probably a future of actual uh enhance and zoom like in the movies like for real This is yet another step in that tech direction. Yeah, I bet being a programmer of Of this type of stuff like your friend's got is is is much more It would be very eye-opening because of course I read this and I go wow sounds like magic But our purple halo is that big of an issue? I don't know Oh, I'm sorry. Go ahead. Um, but I was just saying like if you're a consumer What this will manifest itself is if you have a camera, especially if you use an slr Oftentimes when you get lenses, especially uh zoom lenses, those are made up of compound lenses And what you get when you take a photo is you get a purple edge To the very edge of your photo and you'll see it if you zoom in it's still a little purple haze and that's one of the like Bug bears of using those styles of lenses was why most people use primes is that you get that but Being a limited that's huge because it's something that's been with us for a generation or more Yeah, I mean and gadget points out that the actual technology of optical compound lenses Dates from around 1730 Now we've we've refined how they work But they but the essential way they work hasn't changed in a long time. So this is at a ridiculously Momentous moment. I guess that's redundant. This is momentous for people in in optics because You know the upshot for us as consumers is we get cheaper more Lightweight lenses in our devices Yeah, I by the way, this friend I mentioned would be a great guest on the show sometime, but he's also He's kind of weird So in other words, he'd make an excellent guest on he might make an incredible best guest you ever had I don't know. So what you're saying is he'd fit in really well Yeah, does he listen to the show because now we know you're weird I don't think he does but maybe Or now those lens guys Hey, amazon warned on tuesday that some customer names and email addresses in the uk the us and across europe were exposed due to a Technical error on its website the company says it's fixed the issue and informed customers who might have been affected But amazon did not say how many users were affected How this exposure happened or whether any of the exposed data was actually accessed by anyone else Yeah, it's not the best disclosure ever So I I'm sort of on the side of zack wittaker I took amazon to task for not responding with a whole lot of information if any When I when pressed for details On the other hand I it is just name and email address and I'm not trying to belittle that But it's it's it's an exposure of your name and email address names and email address have been exposed a lot A lot of times people expose them themselves by putting their name and email address on the internet in public Yes, you should have control about when that happens, but this is not Personal data like social security numbers health information financial stuff. It's a very low risk item And it was an exposure and I think that's where where I really do side With the folks criticizing amazon is letting us know how that exposure happened I think is important to assessing whether it was taken advantage of or not Because exposure doesn't mean access if they caught the fact that they were in public and no one else noticed Then no harm done They may not know whether anyone noticed or not and that that's sometimes hard to tell But knowing how it happened kind of helps me at least wrap my head around like okay No one probably saw it or oh, that's on a public server that shows up on some of these dark web search engines That one probably did get accessed by people but again in the end I think we I don't want to I don't want to let amazon off the hook But we should be we should be careful about saying like okay, but let's let's let's not overreact to this It is it is less of a of a of an exposure than it could have been The only thing that would be a big deal for And I agree with everything you said tom that would be a big deal for me is if amazon Uh, didn't it disclose the number of users and it was some huge crazy number because I always because I'm just I'm just suspicious of everyone. So it's like if you don't give me a number then I assume it's actually quite a few people or If we find out later That the data was accessed and amazon knew about it and just decided not to disclose it That would be cause for real concern. Yeah, and there's no reason to think that that second thing happened at all If your email was was thought to have been exposed They've contacted you amazon has sent emails to anybody that they thought would be affected by this Folks if you want to get all the tech headlines each day in about five minutes Be sure to subscribe to daily tech headlines dot com Daily tech headlines will not be taking thursday and friday off. Thanks to rich straffolino Who'll be filling in doing the headlines so keep an ear out for those Let's talk about the wall street journal reporting its sources Saying amazon is out there trying to get Retail stores restaurants gas stations to accept amazon pay amazon pay is accepted in whole foods because amazon owns whole foods It's accepted in the amazon stores that are out there the the bookstores that they've opened And it usually works as a qr code rather than nfc So it's not like android pay or samsung pay or apple pay You just show a qr code and then they use that to access your account securely and and Bob's your uncle you've paid that's That's a benefit because if you're not someone with a smartphone Especially in developing markets where maybe smartphones aren't as common You might still have a phone with a screen that can display a qr code, right? You may not have a phone that can handle nfc You may not have an account like that, but maybe you do have an amazon account. That's what amazon's banking on It made me think though That we are starting to run into a a world and now that more places are accepting nfc Payments and i'm more often running into logos that have the android guy have the samsung logo have the apple symbol That visa and mastercard Are kind of becoming dos They're still there. They're still operative. They're still important But they're getting pushed into the background because these other systems are running on top of them And we're starting to see apple and google Particularly in other big country companies and amazon wants to be one of those companies Becoming our payment option. Is are we okay with that? If you walk up and instead of seeing visa mastercard american express you see apple google amazon Well, isn't it more like uh, it's to me it feels more like the difference between checks and credit cards And you know for the longest time you could take a check anywhere go to mcdonald by your food give him a check at the window Nobody does that anymore. In fact, nobody really accepts those anymore But checks are still a thing if you need to move money around you got to do a thing pay somebody for a service You still use checks it feels like credit cards as a as a as a traditional way of paying Or I guess credit cards are becoming a traditional way of paying and they probably won't go away certainly not in the long term Um, but it does feel diminished. I mean it does to me. The only problem I have is I don't love that That the that the idea would be in the future or now or whenever That the way you maybe you buy anything is tied to a giant search engine company a giant retailer a giant device manufacturer or whoever it may be That's a little weird because now the battleground is all about What brand of thing do you use and I guess the battleground was about visa mastercard discover whatever and those were kind of a brand fight But it's not as if visa and mastercard discover and the others didn't also have data on what you were buying I mean it's yeah, I mean the whole effects thing is based on that right Exactly. Well, I use apple pay Well, it's been every morning for a few weeks now because a local coffee shop accepts it and it works out nicely But I mean that's still tied to a visa card that I've you know hooked into apple pay The idea of the q qr codes with amazon because I've used that at Whole Foods works like a charm I I feel like for anybody who's running a business. It's almost just like does the point of sale Situation seem cluttered. Does it work? Who you know, what are the customers? you know clamoring for more of and I don't see that many people it depends on where you are, of course But I don't see that many folks at my local coffee shop for example using my You know my little my little tapper in fact half the time the baristas are charging it and I have to like ask I will jump in here because I know Like all of australia is now standing up and yelling at you right now like that because you're in the united states, right? Uh tapping is the norm in a lot of other countries. So yeah, that's true. Sure Sure, but again, yes, it depends on it depends on where you are and and again if you know, the nation of australia Um can spread the word to a lot of other places where people are like You know, I'm not using pay or samsung pay or anything. That's where this all drives forward Yeah, we're the backwards ones though. I think this is where the us centric nature of us living in the us Does blind us because tapping is common Anywhere in the developed world except for the united states Like we we are behind that curve, but I still think we're catching up I'm seeing it more often Uh, the fact that cvs over here has it the fact that almost every independent retailer shop that I go to has it Where I have run into it being a mess Is contractors so, you know, I just bought a house We just moved into a new house had to have a sewer line replaced had to have the sprinkler system worked on Had to hire a gardener had to get some roofing repair done Every single one of them wanted to be paid in a different way Chimney sweep wanted venmo the roofer guy wanted a check Uh, the sprinkler guy wanted a credit card the the sewer people were like we can we can take multiple ways like It seems but why is that a nightmare to you? No, but I well Because what if I'm not tom merit host of daily tech news show who has all these things? I see everybody's like, hey, can you pay with venmo? You're like, what's venmo? I don't have that Right, you know, and somebody else is like well, I want to check and I'm like Check I don't have a checking account. What do you get from the 1700s? Like it's it's not meshing There's we used to have like cash or check. Those are your only ways to pay then credit cards came along All right cash check or charge, but now we've got 1500 different options out there yeah, it's uh You know, I was just thinking about this and I don't know if this is Holds any water or not, but if there was no such thing as credit cards up till now And let's say we've been tapping and paying with phones and there just was never that interim period where we had credit cards And I know this is a little bit of a stretch, but just hear me out It feels like if somebody tomorrow came out and said guys What if you could pay with this super thin piece of plastic fits in your wallet It's got a little strip on it You can either manually enter the day or you can slice it or you know swipe it on a thing What if you could pay with that? How cool would that be? We'd all go oh, dude, that's so cool a little thin piece of plastic in my wallet and my point is I don't think credit cards are that Uncool and in fact like sarah said a lot of these Advices are already tapping into existing credit cards and so I just wanted to throw that out there because At the end of the day, we've seen them forever So we're kind of sick of them when we think of them as old hat, but they're kind of rad If you think about it this little card Someone did a cute starter for a credit card Uh, it would actually be that one thing that allowed you to have store all your credit cards on a card. It was like Fail, but which it did But no, I what I was going to say is if someone tried to spin this as a as a credit card people would say Why can't I just have that on my phone? Which is what people say about a lot of devices. Well, can I just do that on my phone? I think that's what people want Yeah, I mean and in my alternate history, there's no I don't I don't have enough ground to stand on I don't think but Uh, yes, I think people do want all their stuff on their phone The bigger issue is should the people who make the phones or have their names on the phones Should they be the ones that control the future of this? But or more importantly, why hasn't mastercard? Why hasn't visa why haven't those guys thought further ahead made better deals maybe with these phone manufacturers? Maybe it doesn't matter because ultimately Having that money flowing through the system is what apple and samsung and and google and everybody wants they all want a piece of that So maybe this is just one of those industries that's going to get split whether we like it or not But uh, yeah, it's just weird to think That one day that may those may be all the major names. What do you guys take? Oh, we take amazon google and apple And they used to say we take american express discover and visa It's just a very odd Shift, I think there's Yeah, unless you have to open an apple bank account and a google bank account or what account right take the name Take the word bank out of it That would be really annoying to me Otherwise, it's just a form of taking the money that's only in one place in the beginning. I don't know Or google id to use both so you're basically opening an account of a sort I suppose I suppose Well, I think consolidation is on the way in this arena, so it'll be interesting to watch Well, also very interesting to watch is our sub reddit every day because you sub redditors Give us really good stories You can submit them and vote on others at daily tech news show dot reddit dot com We're also on facebook.com slash groups slash daily tech news show In fact, I posted a cool announcement not one hour ago on our facebook groups We haven't been there in a while go check it out Do that and then email us what you think feedback at daily tech news show dot com and we'll read Some of your responses in the mail bank Correct like the one from joe who wrote in he was agreeing with patrick beige Reservations about google adding saved transcriptions to its call screening feature tom and I were like that's no big deal And he was like, well, I don't know there might be some privacy stuff going on here Joe says I myself can picture a scenario where Calling somebody and being sent to an automated google assistant I may mutter a few choice things while having to interact with yet another phone bought things I would never say to that actual person and having those words transcribed and sent to the collie Alongside my much more carefully worded voicemail yet a little bit of that I thought I was on mute feeling just thinking about it Most people don't consider interactions with amazon's voice assistant or siri or automated phone trees to be conversations And might be unguarded and expressing frustration or asides to other people nearby We know that these are machines or services and not actual people with feelings But I think features like this blur the lines a little bit and may lull people Who don't realize how it works and to say in things that they otherwise wouldn't and have unintended rather effects Maybe you get unfriended too on the recipients It's almost the flip side of the concerns that people had about google duplex potentially Tricking people into thinking was an actual person. Joe says I'd almost prefer that scenario to be the opposite Well, two things duplex is the technology that's making this happen And the other thing is if you know, you're talking to a computer It's all about transparency. If you know that it's going to be transcribed then you won't mutter So and that's kind of where we ended up yesterday is they should make it clear if they don't And also I think important to note is the transcription was already possible. It was just more limited So having something that saved doesn't mean that the person wasn't already seeing you mutter your choice phrases While they screened you in real time Yeah, I'm always reminded that it was 1992 that someone demoed for me I worked for a computer company somebody demoed for me some very early and I think it was microsoft voice tech a dragon something I don't remember That's it and uh It's me occasionally that we are just now seeing the promise of that being fulfilled Yeah, so I just like to point that out. We were once way back. We're just getting there so All these things are possible and more Well, we love it that you make it possible for us to hang out with you every wednesday scott johnson Darn near anyway, uh, let folks know besides hopefully having a really nice Thanksgiving. Uh, what you've been up to Well, uh, I do have a new thing i'm doing that I may as well let people know about because it's actually airing On Thanksgiving unlike most shows I don't have that day But we are doing this one by the request of my co-host and you're like Scott What are you even talking about we're now two episodes in on on our way to a third of a I guess you can call it a couple's cast but for whatever reason for all my time in podcasting kim and I my wife I've never really thought about sitting down and doing something together. It just never really worked out that way We didn't think about it was never really an option Then she guest hosted on my morning show a couple of times and it hit us that was really fun We actually have a really good chemistry. Why aren't we doing this more? So now we are it's called skim the scott and kim johnson show and it's on every thursday at 5 p.m Mountain uh live want to watch it that way at frogfans.tv But if you'd rather get it on the podcast frogfans.com slash Skim is where to find it and we're having a really great time and I think people might enjoy it So come check it out and see why I hate hallmark channel christmas movies and why she loves them Uh, christmas prince has a sequel that's not hallmark, but it's netflix Uh, thanks to everybody who supports us on patreon We have a special offer right now for two weeks only if you become a patron or stay a patron between now and December 5th At 12 pacific you'll get a holiday postcard with a special message from one of us on the dts team Remember you have to give us your mailing address to get the card which you can add in your settings Sign up at patreon.com slash dts If you got feedback for us Well, I've got good news because we have an email address and that email address is feedback at daily tech news show Dot com keep in common everybody. We're also live monday through friday at 4 30 p.m Eastern 21 30 utc and you can find out more at daily tech news show dot com slash live again off tomorrow for thanksgiving and friday back monday talk to you then This show is part of the frog pants network. Get more at frog pants dot com Diamond club hopes you have enjoyed this program Hey skim We were talking skim before the show and you just kept nice and quiet that whole time Yeah, I probably should have said something it's been really fun though. Like uh, That's so cool talking the fun people are people are starting to be real funny about it. I'll email in and go Dear kim really enjoy your show with your co-host scott johnson like they're really are giving her the credit and they she deserves it She's very Yeah, that's fun. That's awesome. It's funny because like usually if someone Comes to me but like hey, I've got this idea in my significant. I always say no, don't do it I also don't know how to have successful relationships and you do So that's where I think you guys might have something. That's really that's that's really got some legs All of the protein and none of the fat of the milk of human kindness. That's right. Hey, that's not a bad tagline I'll use that horrible tag Skim we'll keep your teeth strong. There you go. Always drinks mate. Always listen to skim, which makes no sense It does a body good Scott scott It is fun though. Like it's it's a chance for She keeps me real honest as part of the fun So I can't just go off in some weird tangent without her going. All right back it up That's not how that went or this is not who you talk to or whatever And there's something really funny about it. So I don't know What could have been doing this for years? And it just never occurred to me like maybe it was the three children Maybe it could have been we're you know, we were But uh, I think it was just it just never like occurred to me even back in the heyday of couples cast Remember all those days when everybody Showed their their significant other Was the prototype right? Nora that's right and I used to love that stuff.  I don't know maybe It would be a terrible idea for me because all we would do is argue Well, so there's some of that for sure like this whole thing We have a podcast that you and I just argue on like that. I know but Yeah Listen, I've been at the backseat of tom and eileen's car as they were trying to find a location Oh, what what's the name of the show roger? I like well, who's in your wallet? Who's in your wallet? Who's in your wallet's pretty good Jpeg is the author of that Uh, some other good ones were recent master are becoming like Doss The world taps and while we swipe The world taps while we swipe Triple haze metacorrected Amazon pays your uncle bob. It's a very is that an english phrase? Okay, when you said that every time anyone says bob's your uncle I I almost say yeah, because I have an uncle bob in it Right. I forgot I I don't I don't understand it Is it english or is it canadian because I've only heard it from canadians, but oh, I've I've heard it from in growing up I've I've heard it But it's one of those phrases where I'm like I don't understand doesn't mean just like there you go and there you go and there you have it There you have your uncle. Yeah, that's probably the name bob is so common that most people would have an uncle bob Maybe dates back in 1887 when british prime minister robert sessel a.k.a lord salisbury Decided to appoint a certain arthur balfour to the prestigious and sensitive post of chief secretary for ireland Because the prime minister bob was his uncle It was used as a catchphrase for you've got it made as if bob were your uncle giving you this amazing post as chief secretary for owner of lord salisbury love steak Only in high school cafeterias The feeling was I love salisbury. He was a hungry man, you know, yeah, he was He had delicious cobbler too.  Yeah What's that song salisbury something hill on salisbury hill? Oh from uh, pete not peter murphy. It's peter peter gabriel the less well-known portion of uh, genesis peter gabriel not my book I think gabriel's the bomb. Oh, you don't like the drummer now singer frontman now solo disney artist I don't mind him. I just think that peter gabriel was special And it made amazing music and not even with genesis his solo stuff is just insane The lamb lies down on broadway the last great genesis album before peter gabriel I mean, uh, are you a peter gabriel fan to the point where you do not like phil colin's? No, I'll listen to phil colin's. I don't have a problem with it. Yeah, okay some friends of mine Recently went to a phil colin's concert. It was he was here in la And yeah, I posted something on instagram and there were all these comments of people being like I was like, I didn't realize I I know that they both were the like the frontmen You know at different times, but I didn't know that there was like a If you like one you don't like the other It might be because phil colin's used to be the drummer for genesis and they just put him Like he was a good singer. I don't know And phil colin's were in genesis together Then gabriel left and when he left genesis became way more pop So I think a lot of it has to be the one who really likes the more prog rock Years, right and black and phil colin's for making it made it susus studio. Yeah, he's it's a little like I wouldn't it's not a fair comparison, but it's like jefferson aeroplane turning into starship eventually It's like people say look when peter gabriel left genesis. I could feel it coming in the air tonight. Oh lordy Listen phil colin's made some rail bangers. So I don't have an invisible touch Look, I actually one of my favorite disney soundtracks will always be Uh freaking the tarzan soundtrack I think he was the perfect pick for and I love it and I know a lot of people hate think I'm wrong But I love that stuff. So it's fine. It's totally fine. We're not talking maker. That's what that's why he was Susus studio, man It's just the studio was the the the woman's name supposedly Yeah, that was the name of the of the woman's song about the song I didn't know that her name was studio. So studio It's not a really person It's not a real person but for the in the in the context of the song In the context the song studio is the name of a woman. Yes, landom fusion is a great song Billy Billy Yeah, Billy. Don't you lose that number? Oh, it's probably a girl billy or maybe it's There's probably some story there Always losing numbers and it's like Should have been eight six seven five three oh nine that would have made you remember janny janny But the thing the problem with phil colin's is you never had a song as good As peter gabriel's solisbury hill or in your eyes or any of those it was never you never quite reached that kind of awesome And so i'll give gabriel the you know, they just both deserve credit for different things. It's fine In your eyes In your eyes, that's you know what there are a thousand churches in anybody's eyes You're being a little dramatic peter But you know what that movie made I don't even remember the day of the movie Say anything That's the best movie. I always mixed that up with some kind of wonderful because it has a very nondescript I gave her my heart and she gave me this pen. Yep Frazier's dad was in it Just a side note john loney or whatever his name was was in it.  Not too long ago It's a cutting remark top Something middle of the everything There's talk of a of a frazier reboot like with all the same characters and he'd be the only one that's not around and down goes frazier I'd watch Frazier was one of those shows where I never I was never going to be like that's my favorite show, but I always enjoyed it Yeah, you'll like it So it was just a very funny show. It was supposed to be a spinoff of cheers, right or no It was in fact a spinoff of cheers Frazier crane from the bar Absolutely Like there was an episode of cheers where frazier left to go to seattle and start a radio show and then the next thing, you know frazier Well, and there were some crossovers like Yeah, Diane showed up and uh, there was one where woody came back and sam showed up like it was always crossover And it's probably the most successful crossover not crossover successful spin-off in the history of tv I think except maybe ash, but that's not the same. That's a movie Yeah, it was I mean frazier ran for No, it was very successful over a decade, right? Yeah successful won lots of awards like was genuinely critically acclaimed fan acclaimed like this doesn't happen very often was It was a vehicle for such a bomb member flow Flow was not a good spinoff as an example. No, I don't remember flow What was the last spinoff of alice? Do you remember alice? Oh, yeah Oh alice.   It was a bad either. How about enus from uh Dukes of hazard very bad terrible That that show kind of kind of went under after this there was that whole contract dispute with the guys who played Bo and luke and they replaced them with their cousins with coins I think you're referring to duke's of hazard now. Yes, duke's of hazard. Sorry Yeah, koi coin vance were the cousins and it was a very bad thing. It was not good Not good, sir That show We're just good old boys never mean to no harm Now i'm in trouble with the law Well, you never saw been in trouble with the law I don't know the actual words Williams Jr So Was it hank williams or was it wailin jenny wailin jenny, sorry I don't know how we got here, but this is great It's a guy it's it's a guy with a beard and a cowboy hat singing country if wailin used to do the little uh, the little Taggouts before they'd go to commercial They do they be jumping over the car in mid jump like i don't know how the duke boys are gonna get out of this one Yeah, they totally did After they crash yet another stunt car and need to get roll on another one shocking. I almost swallowed my gum Yeah, he's still love that But it was all filmed in the same back hills of california that they filmed uh But what was interesting is that uh, I wondered why The hazard county never had paved roads because all the roads seem to be dirt something you could jump off It seemed like The town was filled with convenient points to launch the car into the air Watch the walking dead, but absolutely what all of georgia looks like All of it all of it all of it every bit of it I never um, watched the dukes of hazard Oh, I know I think I was a little too young, so I probably wasn't allowed to And then I yeah when it was like, I don't know Went into reruns. It was like It is very much a show of its time Yeah, I don't know that a car with a confederate flag on it would fly today. Well It was vaguely racism without controversy if someone well the only black guy I remember on the show was the sheriff from the neighboring county. Yep. He'd come visit sometimes Well, they did have the dukes of hazard movie that was not that long ago So how did they how did they tackle some of these they have the generally the Yeah, they did and they had a lot of black people in the movie We just saw for film sack and it was it's actually older than you think it was 2004, which I know Okay, so yeah, that sounds about right because jessica simpson wasn't in and she was at she was like real big deal She was at peak simpson. You peak simpson. Is she daisy? Yeah. Yeah, she was daisy and uh, uh, uncle jesse was um, uh Say sings uh, don't momma's don't let your bed willy nelson. That's who it was the guy was married to Rebecca romaine Uncle jesson John stamos was in it. Yeah weren't they married? They were Rebecca mermain stamos just goes by her. She's romaine now and she's very deadly.  I don't know why I'm laughing because It's not either I'll agree But yet somehow it is. I don't know why She suffered and got sick and died. It's not it's actually not a laughing matter, but no the idea that she might take it up with Rebecca. I mean, what's her problem? Exactly your company is putting people making people ill who Reb no, it's a Rebecca romaine. Oh, oh, oh, I think you said a company. I missed it No, I did that's all you did the Rebecca romaine lettuce company of Dearborn, michigan nailed nailed it well, I Just scanned my most recent google alerts for my name I don't know if you guys even do that if you did or still do um, I just never turned it off and I'm officially never in them anymore It's all streets where something terrible happened or perhaps a house is for sale on a sarah lane Oh Oh interesting like it's actually become kind of interesting where I'm like, oh, Milwaukee. All right sarah lane up there too Something bad happened up there. So sorry. I wonder boulevard can be a last name Joe boulevard. Yeah, why not? For me, it's usually a fight with this, uh Australian rugby coach with my name I always get it with no offer of today's amazon press release about the new amazon voices is tom maryl. Yes Finally Right another tom maryl. I don't I don't get my whole name. I just get roger and the first letter c and I get a lot of emails Well, what I get is that we're wrapping up the video. Uh, so we want to say goodbye to them But what you should also get is if you're on the discord or listening to good day internet stick around. There's more to come