Transcripts

This Week in Tech 514

<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo <span
class=SpellE>Laporte</span></span></b><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>:<span
style='mso-spacerun:yes'>  </span>It's time for <span class=SpellE>TWiT</span>:<span
style='mso-spacerun:yes'>  </span>This Week in Tech!<span
style='mso-spacerun:yes'>  </span>Patrick Norton is here.<span
style='mso-spacerun:yes'>  </span>Merlin Mann is here.<span
style='mso-spacerun:yes'>  </span>Dylan <span class=SpellE>Tweney</span> is
  here.<span style='mso-spacerun:yes'>  </span>Harry McCracken is here.<span
style='mso-spacerun:yes'>  </span>We're going to talk about the WWDC
  announcement, whether Apple Music can make it, whether it needs to make
  it.<span style='mso-spacerun:yes'>  </span>We'll also talk about that big break
  in at the Office of Personnel management and ROBOTS!<span
style='mso-spacerun:yes'>  </span>It's all coming up next on <span
class=SpellE>TWiT</span>!
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'>NETCASTS YOU LOVE FROM PEOPLE YOU TRUST.<span
style='mso-spacerun:yes'>  </span>THIS IS TWIT! Bandwidth for This Week in Tech
  is provided by <span class=SpellE>Cachefly</span> at cachefly.com.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> This is <span class=SpellE>TWiT</span>, This Week in
  Tech, episode 514.<span style='mso-spacerun:yes'>  </span><span class=GramE>Recorded
  Sunday, June 14 2015.</span><span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal align=center style='margin-bottom:12.0pt;text-align:center;
line-height:115%'><b style='mso-bidi-font-weight:normal'><span
style='font-size:18.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Enter
  My Candy Foyer
  <o:p></o:p>
  </span></b></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'>This Week in Tech is brought to you by
  audible.com.<span style='mso-spacerun:yes'>  </span>Sign up for the platinum
  plan and get two free books.<span style='mso-spacerun:yes'>  </span>Go to
  audible.com/twit2, and follow Audible on Twitter, user ID <span class=SpellE>audible_com</span>.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'>And by lynda.com:<span style='mso-spacerun:yes'>  </span>the online learning platform with over 3,000 on demand video courses to
  help you strengthen your business, technology, and creative skills.<span
style='mso-spacerun:yes'>  </span>For a free ten-day trial, visit lynda.com/twit2.<span
style='mso-spacerun:yes'>  </span>That's lynda.com/twit2.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><span
class=GramE><span style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:
115%;font-family:"Calibri","sans-serif"'>And by Braintree.</span></span><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>If you're
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  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><span
class=GramE><span style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:
115%;font-family:"Calibri","sans-serif"'>And by stamps.com.</span></span><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Start using
  your time more effectively with stamps.com!<span style='mso-spacerun:yes'>  </span>Use stamps.com to buy and print real US postage the instant you need it,
  right from your desk.<span style='mso-spacerun:yes'>  </span>To get our special
  offer, go to stamps.com now.<span style='mso-spacerun:yes'>  </span>Click on
  the microphone and enter TWIT.<span style='mso-spacerun:yes'>  </span>That's
  stamps.com, use the offer code TWIT.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'>It's time for This Week in Tech!<span
style='mso-spacerun:yes'>  </span><span class=GramE>The show where we cover the
  week's tech news with some of the best people in the biz.</span><span
style='mso-spacerun:yes'>  </span>I'm blown away.<span
style='mso-spacerun:yes'>  </span>This panel is going to be way too good.<span
style='mso-spacerun:yes'>  </span>Hey Harry McCracken, <span class=SpellE>Technologizer</span> guy!<span style='mso-spacerun:yes'>  </span><span class=GramE>Nice to see you.</span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Harry McCracken:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Great to be
  here.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Welcome.<span
style='mso-spacerun:yes'>  </span>fastcompany.com<span class=GramE>.<span
style='mso-spacerun:yes'>  </span>Hey</span> Patrick Norton.<span
style='mso-spacerun:yes'>  </span>You were here yesterday and you came
  back!<span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Patrick Norton:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>I did!
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>I love
  that.<span style='mso-spacerun:yes'>  </span>Patrick is at tekthing.com.<span
style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Patrick:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Yes I am.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>If you didn't
  see yesterday's new Screensavers, you were great on that.<span
style='mso-spacerun:yes'>  </span>That was fun doing that with you again.<span
style='mso-spacerun:yes'>  </span>It's like old times.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Patrick:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Check out my
  pants on though.<span style='mso-spacerun:yes'>  </span>That's a joke.<span
style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Where's your
  kilt?<span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Patrick:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Somewhere.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Do you still
  have kilts now that you're a father?<span style='mso-spacerun:yes'>  </span>I
  think you should wear a kilt next time.<span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Patrick:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>We'll talk
  about it.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>I'll tell you
  what.<span style='mso-spacerun:yes'>  </span>If you wear it, I'll wear it.<span
style='mso-spacerun:yes'>  </span>You're famous for the kilts and the
  sledgehammer.<span style='mso-spacerun:yes'>  </span>You have to carry that
  burden with you until the day you die.<span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Patrick:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Looking forward
  to the day my oldest son finds that out.<span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Dylan <span
class=SpellE>Tweney</span> is also here.<span style='mso-spacerun:yes'>  </span>He is the editor at Venture Beat, formerly of Wired.<span
style='mso-spacerun:yes'>  </span>Good to see you, Dylan.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Dylan <span
class=SpellE>Tweney</span>:</span></b><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'><span
style='mso-spacerun:yes'>  </span>It's great to be here.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Back from
  camping with the cub scouts.<span style='mso-spacerun:yes'>  </span>I presume
  you have a cub scout.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Dylan:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Yes, there is a
  cub scout in my family.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Good.<span
style='mso-spacerun:yes'>  </span>You're not the creepy neighbor that
  volunteers.<span style='mso-spacerun:yes'>  </span>You actually have a cub
  scout.<span style='mso-spacerun:yes'>  </span>That's nice.<span
style='mso-spacerun:yes'>  </span>I was in cub scouts.<span
style='mso-spacerun:yes'>  </span>I'll have to find a picture of me doing the Cub
  Scout salute.<span style='mso-spacerun:yes'>  </span>Low and behold, look at
  this.<span style='mso-spacerun:yes'>  </span><span class=GramE>Hot dogs ladies?</span><span
style='mso-spacerun:yes'>  </span>You bet.<span style='mso-spacerun:yes'>  </span>Merlin Mann is back.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin Mann:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>How are you?
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Apparently he
  does nothing but Tweet.<span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Me?
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Yeah.<span
style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>I was in cub
  scouts too.<span style='mso-spacerun:yes'>  </span>I was a permanent
  Bobcat.<span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Love to see
  you.<span style='mso-spacerun:yes'>  </span>It's great that you guys did a
  revival of You Look Nice today.<span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>It was super
  fun.<span style='mso-spacerun:yes'>  </span>I miss those guys.<span
style='mso-spacerun:yes'>  </span>They're getting pretty old though.<span
style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Lonely sandwich.<span
style='mso-spacerun:yes'>  </span><span class=GramE>Scott who used to work at
  the fruit company.</span><span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Yeah, the paper
  company.<span style='mso-spacerun:yes'>  </span>It's been a crazy week
  here.<span style='mso-spacerun:yes'>  </span>There's been so much going on this
  last week around WWDC and so many other events related.<span
style='mso-spacerun:yes'>  </span>Different conferences... it's been a great
  week.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>We have a lot
  to talk about, that's for sure.<span style='mso-spacerun:yes'>  </span>Let's
  start with Monday and WWDC.<span style='mso-spacerun:yes'>  </span><span
class=GramE>The Worldwide developer's conference.</span><span
style='mso-spacerun:yes'>  </span>In my opinion, kind of a fragmented <span
class=GramE>talk</span>.<span style='mso-spacerun:yes'>  </span><span
class=GramE>Lots of different stuff.</span><span style='mso-spacerun:yes'>  </span>Of course, you're talking to the developers.<span
style='mso-spacerun:yes'>  </span>Although, it's a little weird, because this
  is one of only three big public events that Apple has.<span
style='mso-spacerun:yes'>  </span>It can't just be for developers.<span
style='mso-spacerun:yes'>  </span>They did announce IOS 9, which will come out
  this <span class=GramE>Fall</span>.<span style='mso-spacerun:yes'>  </span>They
  announced Mac OS X.<span style='mso-spacerun:yes'>  </span>10.11<span
class=GramE>.<span style='mso-spacerun:yes'>  </span>El</span> Capitan.<span
style='mso-spacerun:yes'>  </span>For the first time, they named the operating
  system for the Apple Watch.<span style='mso-spacerun:yes'>  </span>It's called
  Watch OS.<span style='mso-spacerun:yes'>  </span><span class=GramE>Harry,
  thoughts?</span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Harry:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Well, if you
  were expecting surprises or great leaps forward, it was a disappointment.<span
style='mso-spacerun:yes'>  </span>Almost everything was leaked.<span
style='mso-spacerun:yes'>  </span>Just in terms of useful stuff that might make
  your life better, it was not a bad event.<span style='mso-spacerun:yes'>  </span>It was pretty dense with new features on the various platforms.<span
style='mso-spacerun:yes'>  </span>The Watch OS stuff means that for the first
  time, Apple Watches will be able to run apps, which is a big deal.<span
style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>At this point,
  the Apple Watch is a gadget that doesn't have a whole lot of utility, although
  I talked to blind guy on the radio show who said for the blind community, it
  was great.<span style='mso-spacerun:yes'>  </span>It's a talking watch.<span
style='mso-spacerun:yes'>  </span>Somebody said I was sitting next to a guy on
  the bus, he asked his watch, &quot;Where are we now?<span
style='mso-spacerun:yes'>  </span>What stop is this?&quot;<span
style='mso-spacerun:yes'>  </span>The watch told him.<span
style='mso-spacerun:yes'>  </span>There's a lot of value for that.<span
style='mso-spacerun:yes'>  </span>For the vast majority of us, it's just a
  gadget.<span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Harry:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>I think it will
  get way better quite quickly once developers have access to stuff like the
  digital crown and all the sensors.<span style='mso-spacerun:yes'>  </span>That
  was great.<span style='mso-spacerun:yes'>  </span>The other thing I thought was
  interesting was that the iPad is looking more and more like a PC operating
  system. <span style='mso-spacerun:yes'> </span>People have been asking for
  multiple apps on screen, and once your finally getting that, it's not
  unreasonable to assume that we'll see future devices running IOS that start to
  look a little more like a PC with a larger screen.<span
style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Merlin, do you
  like that idea?<span style='mso-spacerun:yes'>  </span><span class=GramE>The
  ability to do two windows on an iPad?</span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Yeah, I
  do.<span style='mso-spacerun:yes'>  </span>I have an iPad air too.<span
style='mso-spacerun:yes'>  </span>As I sit here today, I think maybe next to my
  SE30 I had in the early 90s, it might be my favorite Apple device ever.<span
style='mso-spacerun:yes'>  </span>I love my iPhone.<span
style='mso-spacerun:yes'>  </span>You really get the power of what that thing
  can do, and I'm really looking forward.<span style='mso-spacerun:yes'>  </span>I'm not one of those guys who <span class=GramE>runs</span> around doing
  betas anymore, but even watching the keynote and seeing the picture, I
  immediately feel like an animal having to watch something on YouTube.<span
style='mso-spacerun:yes'>  </span>It feels like the 1930's.<span
style='mso-spacerun:yes'>  </span>Come on.<span style='mso-spacerun:yes'>  </span>I can't get this fast enough.<span style='mso-spacerun:yes'>  </span>I
  think the OSX stability and the ISX announcements were for me the two most
  interesting things.<span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Isn't there a
  risk of making the iPad too complicated, Dylan?
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Dylan:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>I was just
  thinking that.<span style='mso-spacerun:yes'>  </span>On the one hand, you've
  got features like the split screen view, which Windows has had for years,
  right?<span style='mso-spacerun:yes'>  </span>Apple is like, hey look!<span
style='mso-spacerun:yes'>  </span>You can look at two apps at one time!<span
style='mso-spacerun:yes'>  </span>The rest of the world is like, uh huh.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Like my Note
  4?<span style='mso-spacerun:yes'>  </span>Oh!<span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Dylan:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>The thing is,
  one of the things that <span class=GramE>is</span> appealing about the iPad and
  the tablet interface is that it's very focused.<span style='mso-spacerun:yes'>  </span>It's like one thing at a time.<span style='mso-spacerun:yes'>  </span>Up
  till now, they have struck a very good balance between that extreme simplicity
  and the usability that that engenders.<span style='mso-spacerun:yes'>  </span>I
  just wonder, as it gets more PC like, is it going to become more PC like in
  usability too?
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Is it, as Neil <span
class=SpellE>Degrasse</span> Tyson said, a watershed moment in
  civilization?<span style='mso-spacerun:yes'>  </span>What happened there?
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Dylan:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Neil <span
class=SpellE>Degrasse</span> Tyson, world famous astrophysicist, host of
  Cosmos, director of the Hayden planetarium in New York, he's an awesome
  guy.<span style='mso-spacerun:yes'>  </span>He's a hero to many of us.<span
style='mso-spacerun:yes'>  </span>He had a little cameo in a video about the
  app store where he said apps plus hardware is a watershed moment in
  civilization.<span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>When Neil says
  it though, you go, &quot;I think he's right.&quot;
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Dylan:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Right.<span
style='mso-spacerun:yes'>  </span>I was like, &quot;Wait a minute.<span
style='mso-spacerun:yes'>  </span>Did he really just say that about the app
  store?&quot;<span style='mso-spacerun:yes'>  </span>I called him up and asked
  him about that.<span style='mso-spacerun:yes'>  </span>He yelled at me for 20
  minutes.<span style='mso-spacerun:yes'>  </span>He was like, listen to my
  words.<span style='mso-spacerun:yes'>  </span>I did not say the app store.<span
style='mso-spacerun:yes'>  </span>I said hand held <span class=SpellE>devices+apps</span>.<span
style='mso-spacerun:yes'>  </span>He never mentioned Apple and he never
  mentioned the app store. It turns out that Apple interviewed him for 45
  minutes.<span style='mso-spacerun:yes'>  </span>He spent the entire time raving
  about hardware in general and the kind of sensors that are in Smartphones and
  how that enables people to be scientists and connected to the Internet gives
  you all this information, and the one second that he mentions the App store,
  that's the clip that they pull out and put into their video about the app store
  so it sounds like he's saying the App store is a water shed moment.<span
style='mso-spacerun:yes'>  </span>He really meant this whole tiny computer and <span
class=GramE>all of the</span> Internet in the palm of your hand is a watershed
  moment.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Do you think he
  yelled at Apple like he yelled at you?<span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Dylan:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>I hope so.<span
style='mso-spacerun:yes'>  </span>They paid him, he told me.<span
style='mso-spacerun:yes'>  </span>He probably cashed the check and shook his
  head.<span style='mso-spacerun:yes'>  </span>He was real concerned that we get
  that right.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>This is why, my
  friends, even if Apple <span class=GramE>asked,</span> I wouldn't accept a
  check for talking to them on camera.<span style='mso-spacerun:yes'>  </span>Not
  that they've ever asked.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Harry:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>It reminds me
  of an event I went to long ago that Intel put on, which they hired Malcolm
  Gladwell for. Malcolm Gladwell said maybe Centrino will be a tipping point for
  the world because it puts <span class=SpellE>Wifi</span> on the same platform
  as CPU.<span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>At least he got
  a plug in for the book.<span style='mso-spacerun:yes'>  </span>That's what Neil
  missed.<span style='mso-spacerun:yes'>  </span>In the Cosmos, this is a
  watershed moment.<span style='mso-spacerun:yes'>  </span>Then maybe it would be
  worth...
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>There's also
  the side problem.<span style='mso-spacerun:yes'>  </span>Every time Apple
  writes a check, they only give you 70%.<span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>It was actually
  a decent presentation.<span style='mso-spacerun:yes'>  </span>I don't know why
  they spent so much time.<span style='mso-spacerun:yes'>  </span>I don't know
  why they do this.<span style='mso-spacerun:yes'>  </span>I remember they did
  that with the <span class=SpellE>Cardstore</span>.<span
style='mso-spacerun:yes'>  </span>Remember they had a card app?<span
style='mso-spacerun:yes'>  </span>They spent ten minutes talking about it and
  killed it a year later?<span style='mso-spacerun:yes'>  </span>They're <span
class=GramE>want</span> to do that.<span style='mso-spacerun:yes'>  </span>They
  get excited.<span style='mso-spacerun:yes'>  </span>Then the thing really went
  off the rails.<span style='mso-spacerun:yes'>  </span>Jimmy <span class=SpellE>Iovene</span> walks out.<span style='mso-spacerun:yes'>  </span>I feel like it's a New Jersey
  moment between Eddie Q and Jim <span class=SpellE>Iovene</span>.<span
style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Dylan:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Eddie was
  dancing in his pink shirt!<span style='mso-spacerun:yes'>  </span>He was having
  a good time.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>I rolled my
  sleeves up like him.<span style='mso-spacerun:yes'>  </span><span class=GramE>Only
  one.</span><span style='mso-spacerun:yes'>  </span>You don't want to go too
  far.<span style='mso-spacerun:yes'>  </span>I opened an extra button in honor
  of him.<span style='mso-spacerun:yes'>  </span>You were there, right,
  Harry?<span style='mso-spacerun:yes'>  </span>What was the feeling in the
  room?<span style='mso-spacerun:yes'>  </span>Were people worried he was losing
  it?<span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Harry:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>I think Apple
  events these days are more fun than the old days just because more weird stuff
  goes on.<span style='mso-spacerun:yes'>  </span>You can see people having fun
  on stage.<span style='mso-spacerun:yes'>  </span>They had who knows how many
  people try to explain Apple music.<span style='mso-spacerun:yes'>  </span>None
  of them actually succeeded.<span style='mso-spacerun:yes'>  </span>I know Apple
  music is an upgrade to Beats music, which is not a bad app.<span
style='mso-spacerun:yes'>  </span>I know that Apple is doing a radio
  station.<span style='mso-spacerun:yes'>  </span>I know they're saying human
  curation is better than an algorithm.<span style='mso-spacerun:yes'>  </span>It's still not clear how Apple music has come into this category.<span
style='mso-spacerun:yes'>  </span>The pricing is good.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>The family
  plan.<span style='mso-spacerun:yes'>  </span>But you know that Spotify and
  everybody else is going to come up with a similar 15.99 for 6 people plan.<span
style='mso-spacerun:yes'>  </span>Why wouldn't they?<span
style='mso-spacerun:yes'>  </span>Music industry says yes to Apple, they're
  going to do the same thing.<span style='mso-spacerun:yes'>  </span>There it is,
  on The Verge.<span style='mso-spacerun:yes'>  </span>This is not the scoop
  exactly, because they didn't get confirmation.<span style='mso-spacerun:yes'>  </span>They say Spotify does plan to match that.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Harry:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>They have to.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Patrick:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>They've raised
  a half billion dollars, it's interesting as this is going on, all the lawsuits
  are coming out about whether or not Apple was coercing music labels to remove
  free streaming labels on other platforms.<span style='mso-spacerun:yes'>  </span>Apple is so desperate to get into this market.<span
style='mso-spacerun:yes'>  </span>I don't think it was as tone deaf as the
  title announcement.<span style='mso-spacerun:yes'>  </span>There was something
  sad about...
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Which Daisy
  brought all these people <span class=GramE>out.</span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Patrick:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>We're not
  making enough money off of streaming music.<span style='mso-spacerun:yes'>  </span>Then your lawyers should have done a better job with the record
  companies.<span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Then they
  signed a weird document, which nobody told them what it was.<span
style='mso-spacerun:yes'>  </span>They all signed it for some reason.<span
style='mso-spacerun:yes'>  </span>Lady Madonna put her foot up on the table
  while she signed it.<span style='mso-spacerun:yes'>  </span>Or was that Lady
  Gaga?<span style='mso-spacerun:yes'>  </span>One of them did that.<span
style='mso-spacerun:yes'>  </span>That was weird.<span
style='mso-spacerun:yes'>  </span>This reminded me a little bit of a Samsung
  event.<span style='mso-spacerun:yes'>  </span>There she is.<span
style='mso-spacerun:yes'>  </span>Thank you, Madonna.<span
style='mso-spacerun:yes'>  </span><span class=GramE>Interesting point of view
  from Panda Daily.</span><span style='mso-spacerun:yes'>  </span>Is Spotify
  doomed because of Apple music?<span style='mso-spacerun:yes'>  </span>No--Spotify's been doomed from the start.<span
style='mso-spacerun:yes'>  </span>We focus on can Apple music beat Spotify, but
  what the real question is, is there a future at all for these streaming apps
  because the music industry hates them.<span style='mso-spacerun:yes'>  </span>Do you think artists should hate the music industry?
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Dylan:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>I think they're
  getting a better deal from Apple... the economics don't add up.<span
style='mso-spacerun:yes'>  </span>If you're paying ten dollars a month, Apple
  isn't going to have more to give the artists.<span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Patrick:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Apple can spend more money.<span
style='mso-spacerun:yes'>  </span>This would be the classic proctor and gamble
  move.<span style='mso-spacerun:yes'>  </span>We're going to go in and make the
  cheapest service on the planet, put everybody else out of business, and then
  we're going to put our premium brand in.<span style='mso-spacerun:yes'>  </span>That was their thing for decades.<span style='mso-spacerun:yes'>  </span>Apple could be doing that, or maybe Apple is desperate to stay
  relevant.<span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>There is this
  funny scenario that the music industry finally met somebody that was more of a
  shark than they were.<span style='mso-spacerun:yes'>  </span>There's a quote in
  this Panda daily industry from the Verge.<span style='mso-spacerun:yes'>  </span>&quot;All the way up to Tim Cook, these guys is cut throat.<span
style='mso-spacerun:yes'>  </span>When Jimmy <span class=SpellE>Iovene</span> takes the stage, he seems a little more street-smart.<span
style='mso-spacerun:yes'>  </span><span class=GramE>A little more tough.</span><span
style='mso-spacerun:yes'>  </span>Maybe that's just his persona.<span
style='mso-spacerun:yes'>  </span>He from the very beginning of Beats before
  Apple came along said the thing that's going to save the music industry is
  human curation.<span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Harry:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>It will be
  interesting to see how that scales.<span style='mso-spacerun:yes'>  </span>It
  makes a lot of sense if you're talking about a few songs and a fairly small
  number of people, but if they're doing this on Apple Scale and trying to appeal
  to people with all sorts of different taste in music, how many human curators
  do they need to do that?<span style='mso-spacerun:yes'>  </span>How do they
  keep it interesting a year from now because the play lists <span class=GramE>I</span> like now I won't care about a year from now.<span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Dylan:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>It's not like
  human curation is untried.<span style='mso-spacerun:yes'>  </span>We still have
  FM radio and that's human curetted.<span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>That's what
  cracked me up.<span style='mso-spacerun:yes'>  </span>Apple announced Beats
  24/7 global radio station as if this was an innovation.<span
style='mso-spacerun:yes'>  </span>Don't we have radio?
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Patrick:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Denial is a
  powerful force in the Universe.<span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>I invented
  radio on the Internet!
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Dylan:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>My theory is
  there is still a reality distortion field at Apple, but it only applies within
  the executive suite.<span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Merlin, you
  seem like a music guy.<span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>I am.<span
style='mso-spacerun:yes'>  </span>I like iTunes Match.<span
style='mso-spacerun:yes'>  </span>That's been good to me.<span
style='mso-spacerun:yes'>  </span>I subscribed to Beats for some time.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Do you prefer
  it to any of the other choices?
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>I don't
  know.<span style='mso-spacerun:yes'>  </span>I tried the other ones.<span
style='mso-spacerun:yes'>  </span>I tried Spotify for a while.<span
style='mso-spacerun:yes'>  </span>Beats made sense to me.<span
style='mso-spacerun:yes'>  </span>I like the way it works.<span
style='mso-spacerun:yes'>  </span>I wish it would keep me logged in
  longer.<span style='mso-spacerun:yes'>  </span>I don't know that much about the
  streaming music business.<span style='mso-spacerun:yes'>  </span>I have a
  theory that I share with a few other people that it feels like the first 2/3
  was a pretty good show.<span style='mso-spacerun:yes'>  </span>The music part
  felt like it was a mess.<span style='mso-spacerun:yes'>  </span>It was
  unrehearsed, it felt not ready.<span style='mso-spacerun:yes'>  </span>It
  felt... I enjoy unrehearsed moments.<span style='mso-spacerun:yes'>  </span>I
  share the theory with a few other people to invoke the semi-sacred one more
  thing to announce a consumer facing service that has zero to do with
  developers.<span style='mso-spacerun:yes'>  </span>There's part of me that
  wonders if they were this close on something like an Apple TV announcement and
  it just wasn't there yet.<span style='mso-spacerun:yes'>  </span>I wonder if
  this event, which was not a particularly water shed <span class=GramE>event,</span> there's a part of me that wonders if that's what they had to put in at the last
  moment.<span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>I'm convinced
  that's what happened.<span style='mso-spacerun:yes'>  </span>The fact that the
  Home Kit announcement was so short, and they had so much more to say told me
  that that's what they would have said.<span style='mso-spacerun:yes'>  </span>By the way, the hub for your Home Kit will be the brand new Apple
  TV.<span style='mso-spacerun:yes'>  </span>That's still to come.<span
style='mso-spacerun:yes'>  </span>Apparently that was, if it was delayed, it's
  delayed because of deals.<span style='mso-spacerun:yes'>  </span>This is the
  overall point of this.<span style='mso-spacerun:yes'>  </span>The point of the
  Panda daily article is Apple is now going into areas like the music business
  where they're bringing a knife to a gunfight.<span style='mso-spacerun:yes'>  </span>The music industry is going to eventually kill Pandora.<span
style='mso-spacerun:yes'>  </span>They've been trying hard.<span
style='mso-spacerun:yes'>  </span>It's suicide.<span style='mso-spacerun:yes'>  </span>There's no alternative the music industry has proposed.<span
style='mso-spacerun:yes'>  </span>What they want is for you to go back and buy
  CDs some more.<span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Patrick:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Are they going
  to kill Spotify by raising the rates and raising the rates?
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Yeah.<span
style='mso-spacerun:yes'>  </span>Spotify isn't making money.<span
style='mso-spacerun:yes'>  </span>Spotify is raising money, but Spotify is not
  and never will be profitable, because the music industry determines how much
  money they make.<span style='mso-spacerun:yes'>  </span>They could have every
  person on the planet sign up; they still take home less than they spend.<span
style='mso-spacerun:yes'>  </span>How is that a business?<span
style='mso-spacerun:yes'>  </span>Where does that flip?<span
style='mso-spacerun:yes'>  </span>I presume Tim <span class=SpellE>Westogrin</span> at Pandora is counting on the music industry giving in.<span
style='mso-spacerun:yes'>  </span>The music industry doesn't seem to have any
  will to do this.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Harry:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Spotify is
  expanding to video and other stuff so they don't have all their eggs in one
  basket.<span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>I should
  disclaim that we are one of the podcasts on Spotify.<span
style='mso-spacerun:yes'>  </span>Our audio video is on the new Spotify.<span
style='mso-spacerun:yes'>  </span>I'm thrilled about that.<span
style='mso-spacerun:yes'>  </span>That's a smart move, because I don't charge
  them for putting TWIT on Spotify.<span style='mso-spacerun:yes'>  </span>That's
  free.<span style='mso-spacerun:yes'>  </span>One advantage Apple has is their
  massive clout, the fact that they're going to put Beats on every single IOS
  device come the end of the month with 8.4, they have <span class=SpellE>multi
  billion</span> dollar slush fund, they've already started buying ads like
  crazy.<span style='mso-spacerun:yes'>  </span>Have you seen the Apple music
  ads?<span style='mso-spacerun:yes'>  </span>I don't think that this... maybe
  there's going to be more to this campaign.<span style='mso-spacerun:yes'>  </span>They're great <span class=GramE>ads,</span> this is the video they
  showed at the event as well.<span style='mso-spacerun:yes'>  </span>Love the <span
class=GramE>ads,</span> it's the history of music.<span
style='mso-spacerun:yes'>  </span>At no point, does it talk about a product.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Patrick:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>It looks like
  Oh Brother Where Art Thou light.<span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> All they say at the end is &quot;Apple
  Music.&quot;<span style='mso-spacerun:yes'>  </span>Most people seeing that
  will say iTunes.<span style='mso-spacerun:yes'>  </span>I'm a big fan.<span
style='mso-spacerun:yes'>  </span>Merlin, is this the beginning of a campaign
  that will do more?
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>You can really
  tell when a company is putting wood behind the arrow.<span
style='mso-spacerun:yes'>  </span>It's funny, because there are several things
  that came up.<span style='mso-spacerun:yes'>  </span>What was the one you had
  mentioned?<span style='mso-spacerun:yes'>  </span><span class=GramE>The cards
  app a few years ago.</span><span style='mso-spacerun:yes'>  </span>It seems
  like Apple will have these things they toss out that seem a little north of a
  trial balloon.<span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>This is no
  trial balloon.<span style='mso-spacerun:yes'>  </span>This has to work,
  right?<span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>I guess so, but
  it seems incredibly fragmented.<span style='mso-spacerun:yes'>  </span>It
  really feels like they got a box, put three things in it, and called it a
  service.<span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>It's <span
class=GramE>a me</span> too!<span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>If you show the
  set up with the Bubbles, that's Beats.<span style='mso-spacerun:yes'>  </span>That's setting up a Beats account.<span style='mso-spacerun:yes'>  </span>I don't know.<span style='mso-spacerun:yes'>  </span>I would have liked,
  as a consumer who is super interested in this kind of stuff, and does like
  music and doesn't mind paying for it, I wish there had been more clarity about
  what this was replacing, in the same way that... they come up with these things
  that are partly baked and do enough to put things out of business, but they
  don't change fundamentally how things work.<span style='mso-spacerun:yes'>  </span>The Notes app stuff, those are great additions, but in the case of stuff
  like that News app, is that going to be here a year from now?<span
style='mso-spacerun:yes'>  </span>I realize they have to do that to compete
  with Facebook, but there are certain kinds of things that I would like to have
  more clarity to replace.<span style='mso-spacerun:yes'>  </span>I have friends
  that put out magazines for money that have not officially been told that
  yet.<span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>That was the
  assumption, which was that they were going to get rid of the <span
class=SpellE>Newstand</span>, which was kind of lame, which was a folder that
  isn't a folder that holds publications.<span style='mso-spacerun:yes'>  </span>That's going to go away.<span style='mso-spacerun:yes'>  </span>This
  news doesn't replace that.<span style='mso-spacerun:yes'>  </span>This is
  something else.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Harry:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>What you want
  is the magazine that used to be in that newsstand folder just to be in the
  desktop.<span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Are you saying
  that Apple, Merlin, hasn't told anybody?<span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>I can't say for
  sure.<span style='mso-spacerun:yes'>  </span>Actually, this podcast I do with
  Jim <span class=SpellE>Dowripple</span>, which will come out this week's
  episode.<span style='mso-spacerun:yes'>  </span>He does something for Loop
  insight on Yes Magazine, and according to him he hasn't received any kind of
  notification from Apple about that.<span style='mso-spacerun:yes'>  </span>It's
  just I don't know.<span style='mso-spacerun:yes'>  </span>There's times when
  Apple comes up with stuff and you kind of hope, sometimes it feels like a
  gamble for any company.<span style='mso-spacerun:yes'>  </span>This is true for
  Google, but especially with Apple you really hope that they're going to see it
  through to completion.<span style='mso-spacerun:yes'>  </span>As they say put
  that whip behind that arrow.<span style='mso-spacerun:yes'>  </span>In the case
  of that music app, that smelled more like ping to me.<span
style='mso-spacerun:yes'>  </span>Drake is going to send me lyrics in the app
  where I listen to REM?<span style='mso-spacerun:yes'>  </span>The problem with
  stuff like iTunes is too much <span class=GramE>junk</span> in one place.<span
style='mso-spacerun:yes'>  </span>This feels like a different way of organizing
  that junk around beats plus something.<span style='mso-spacerun:yes'>  </span>They did not clarify the iTunes match thing.<span
style='mso-spacerun:yes'>  </span>I think you still have to have a separate
  iTunes match account.<span style='mso-spacerun:yes'>  </span>It was muddled.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Dylan, you were going to say something?
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Dylan:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Yeah.<span
style='mso-spacerun:yes'>  </span><span class=GramE>iTunes</span> is not going
  away either.<span style='mso-spacerun:yes'>  </span>They weren't clear about
  that.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Is Match going
  away?<span style='mso-spacerun:yes'>  </span>Match continues.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Dylan:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Yeah, I don't
  know.<span style='mso-spacerun:yes'>  </span>It feels to me like they had a checklist
  of things.<span style='mso-spacerun:yes'>  </span>We need lyrics, we need
  curation, and we need this and that.<span style='mso-spacerun:yes'>  </span>They shook it up.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>The problem is<span
class=GramE>,</span> I don't see any friction.<span style='mso-spacerun:yes'>  </span>I don't know if there's friction to switch from Spotify.<span
style='mso-spacerun:yes'>  </span>I'm a Spotify and Google Music
  subscriber.<span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Harry:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>I jump around
  all the time.<span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>That's not a
  hard thing to do, right?<span style='mso-spacerun:yes'>  </span>Because they're
  going to give people a free three months, it's the same price.<span
style='mso-spacerun:yes'>  </span>Ten bucks a month.<span
style='mso-spacerun:yes'>  </span>I <span class=GramE>presume,</span> the same
  30 million songs that everybody else has.<span style='mso-spacerun:yes'>  </span>The selling point is <span class=GramE>it's</span> Apple.<span
style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Harry:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>The big
  question is, maybe they have plans for something that is newer and more
  interesting and more of a great leap forward, which is Apple music 2.0.<span
style='mso-spacerun:yes'>  </span>Maybe the first step is to get it onto the
  devices and then do something cool and interesting.<span
style='mso-spacerun:yes'>  </span>Of course Apple and other companies all the
  time deliver something half-baked and then deliver something more impressive.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Yeah.<span
style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>That's another
  part of this that feels like a sleeping giant.<span style='mso-spacerun:yes'>  </span>I know this is true in extent with Google, it's certainly true with
  Amazon, <span class=GramE>there</span> was that number that came out in the
  last year or so about how many active credit cards Apple has on file.<span
style='mso-spacerun:yes'>  </span>How many people <span class=GramE>are</span> comfortable buying stuff with Apple.<span style='mso-spacerun:yes'>  </span>It's a super interesting metric to me that there are so many people OK
  with buying stuff with Apple and ideally they want to find a way to run that
  card more often.<span style='mso-spacerun:yes'>  </span>I'm kind of
  surprised.<span style='mso-spacerun:yes'>  </span>To me, the big hit would be
  eventually getting something where developers can put stuff on an Apple TV,
  because then you can buy $1000 worth of apps in a month.<span
style='mso-spacerun:yes'>  </span>You only spend $10 a month on streaming.<span
style='mso-spacerun:yes'>  </span>That sounds a little capped out to me.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>I have a
  product that looks a little bit like this kind of Apple TV.<span
style='mso-spacerun:yes'>  </span>It's called the Android TV, the <span
class=SpellE>Envidious</span> Shield TV.<span style='mso-spacerun:yes'>  </span>It has an App store, it has games, it works great with Google Music
  (which I am a subscriber of) the nice thing about Google Music, like Apple
  Music, whatever I bought including Beatles Music is on it.<span
style='mso-spacerun:yes'>  </span>Plus the 30 million songs I don't own.<span
style='mso-spacerun:yes'>  </span>It plays through my TV.<span
style='mso-spacerun:yes'>  </span>I could see an Apple TV being great.<span
style='mso-spacerun:yes'>  </span>I think Apple has got trouble if the only
  thing Apple can say is &quot;But <span class=GramE>it's</span> Apple.&quot;<span style='mso-spacerun:yes'>  </span>They have to offer
  something of value beyond what's out there.<span style='mso-spacerun:yes'>  </span>It feels like Apple is merely saying, &quot;But <span class=GramE>it's</span> Apple.&quot;<span style='mso-spacerun:yes'>  </span>The other thing, you bring
  this up with the new news program, is they've definitely said this on stage,
  &quot;We're Apple, and unlike those other guys, protect your
  privacy.&quot;<span style='mso-spacerun:yes'>  </span>That's a question
  mark.<span style='mso-spacerun:yes'>  </span>How can you, for instance, on
  Google Plus if in fact as Craig <span class=SpellE>Federigi</span> said, Apple
  News is anonymous, not associated with your Apple ID, not linked to other Apple
  services, not shared with third parties, you're in control there's some
  negatives to that.<span style='mso-spacerun:yes'>  </span>My iPad won't know
  what I read on my iPhone because it's not shared.<span
style='mso-spacerun:yes'>  </span>It says it gets smarter as you use it, but
  only that one App will get smarter.<span style='mso-spacerun:yes'>  </span>If I
  re-install or use a different device it won't know because it's not tied to my
  Apple ID.<span style='mso-spacerun:yes'>  </span>There's an advantage that
  Google has, there's an advantage other companies have to not saying, &quot;<span
class=GramE>don't</span> worry, none of this is connected.&quot;<span
style='mso-spacerun:yes'>  </span>Connected is sometime what consumers
  want.<span style='mso-spacerun:yes'>  </span>Dylan, do you agree?
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Dylan:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>I think
  connected is usually what most consumers always want.<span
style='mso-spacerun:yes'>  </span>There's a tiny number who are concerned about
  privacy.<span style='mso-spacerun:yes'>  </span>When you come down to it, if it
  costs anything, most people would rather give up their privacy rather than anything...
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Let's make it
  free.<span style='mso-spacerun:yes'>  </span>You can have anything you
  want.<span style='mso-spacerun:yes'>  </span>I love Google Now.<span
style='mso-spacerun:yes'>  </span>I don't mind giving whatever it is I'm giving
  up to Google, because it's valuable information.<span
style='mso-spacerun:yes'>  </span>The aggregation is valuable.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Dylan:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>That's not to
  say we shouldn't be concerned.<span style='mso-spacerun:yes'>  </span>There are
  absolutely legitimate reasons to be concerned about privacy.<span
style='mso-spacerun:yes'>  </span>Most consumers don't agree yet.<span
style='mso-spacerun:yes'>  </span>Most consumers haven't experienced anything
  that would lead them to feel like losing their privacy was anything bad.<span
style='mso-spacerun:yes'>  </span>It's like the Vaccine argument, right?<span
style='mso-spacerun:yes'>  </span>Nobody around me is getting measles, so I
  don't need the vaccine.<span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Patrick:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>A couple weeks
  ago, the news bubbled up about a story.<span style='mso-spacerun:yes'>  </span><span
class=GramE>Annenberg School for communications, which is a University of PA
  school.</span><span style='mso-spacerun:yes'>  </span>They did a study.<span
style='mso-spacerun:yes'>  </span>Americans have given up on the concept of
  privacy.<span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Americans want
  privacy, but they've given up.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Harry:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>They say they
  want it, which is not the same as taking actions to preserve it.<span
style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Dylan:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>As long as it's
  convenient and free, they're happy to preserve it.<span
style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>I have to say,
  our audience is outspoken in that.<span style='mso-spacerun:yes'>  </span>Privacy advocates tend to be very loud, so people get the impression
  that the American public doesn't care.<span style='mso-spacerun:yes'>  </span>I
  think the American public does care, but look, I go into a Target Store they
  know exactly what I'm going to buy and they know exactly what coupons to feed
  me.<span style='mso-spacerun:yes'>  </span>There is no advertising
  privacy.<span style='mso-spacerun:yes'>  </span>This is again from this
  incredible post from Thomas Bechtel.<span style='mso-spacerun:yes'>  </span>He
  quotes Tim Cook, talking about other companies.<span style='mso-spacerun:yes'>  </span>&quot;Everything they can learn about you and monetize it, we think
  that's wrong, say's Apple.<span style='mso-spacerun:yes'>  </span>It's not the
  kind of company Apple wants to be.<span style='mso-spacerun:yes'>  </span>We
  don't want your data.&quot;<span style='mso-spacerun:yes'>  </span>At that very
  same event, they launched three new services.<span style='mso-spacerun:yes'>  </span>Apple Wallet, Apple Music, and Apple news, all featuring individual targeting,
  tracking, and tailoring, integrated directly into <span class=SpellE>iAds</span>.<span
style='mso-spacerun:yes'>  </span><span class=GramE>He says, I call
  shenanigans.</span><span style='mso-spacerun:yes'>  </span>They're doing what
  Google does and what everybody does.<span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Harry:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Google should
  not be available on the iPhone if it's really as disastrous as they say.<span
style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>I think Apple
  is working hard towards that.<span style='mso-spacerun:yes'>  </span>The
  problem is that customers want it!
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Harry:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>I don't think
  you can look at what Tim Cook is saying outside of the context of Apple having
  this archrival called Google whose business is making tools better by storing
  your data and using it and monetizing on that by selling advertisements.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Nobody is
  denying that the iPhone sells very well, and I would bet that a lot of people
  who buy the iPhone are aware of the promise, whether it's the reality or not,
  that Apple is going to protect their privacy, and that's certainly the reason
  they choose it, right?
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Patrick:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>But what's also
  interesting about that study, there's a good study of it up on C Net, Americans
  are resigned to giving up their privacy.<span style='mso-spacerun:yes'>  </span>In the survey, they found out 65% of Americans believe the mere mention
  of a privacy policy meant that your privacy was protected, or that Expedia and
  Orbit are legally required to give you the lowest possible price when you're
  searching for a flight.<span style='mso-spacerun:yes'>  </span>It's a really
  good write up.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>When I was a
  kid, I remember we'd say they can't say it on an ad if it's not true!<span
style='mso-spacerun:yes'>  </span>Remember that?<span
style='mso-spacerun:yes'>  </span>Did you ever think that as a kid?<span
style='mso-spacerun:yes'>  </span>The government wouldn't let them say it if
  it's not true.<span style='mso-spacerun:yes'>  </span>It's kind of like that.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Patrick:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>I remember
  being ten and ordering something, mail order, it was an out and out lie.<span
style='mso-spacerun:yes'>  </span>It was the beginning of that, and having a
  publisher change a review I wrote for a very first printed review in a guitar
  magazine, they made it a glowing endorsement of one of the biggest pieces of
  crap I've ever seen in my entire life.<span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>You panned it,
  and he changed it?
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Patrick:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>He changed it,
  completely.<span style='mso-spacerun:yes'>  </span>I never wrote for the
  magazine again, and I've <span class=GramE>never not</span> had full editorial
  control.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span><span
class=SpellE>You're</span> eyes were opened.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Patrick:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>I realized that
  everything I ever read in that magazine had been a complete fabrication for the
  last 8 years of my life, which <span class=GramE>was also heart</span> breaking.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>It's tough when
  you grow up and you realize the world is crap.<span style='mso-spacerun:yes'>  </span>It's not.<span style='mso-spacerun:yes'>  </span>It's a wonderful
  place.<span style='mso-spacerun:yes'>  </span>Yeah.<span
style='mso-spacerun:yes'>  </span>Everything is so great.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Dylan:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>It's a
  wonderful life, Leo.<span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>It is.<span
style='mso-spacerun:yes'>  </span>We love it.<span style='mso-spacerun:yes'>  </span>I feel like, I know I'm going to get e-mail, why are you so hard on
  Apple?<span style='mso-spacerun:yes'>  </span>Are we being hard on Apple?<span
style='mso-spacerun:yes'>  </span>Are we asking Apple to be straightforward?<span
style='mso-spacerun:yes'>  </span>I do see problems ahead.<span
style='mso-spacerun:yes'>  </span>This is very dangerous territory.<span
style='mso-spacerun:yes'>  </span>Merlin, you're an Apple fanatic.<span
style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Am I?
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>You seem like
  you're a little negative.<span style='mso-spacerun:yes'>  </span>Is Apple
  stumbling?
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>No.<span
style='mso-spacerun:yes'>  </span>I'm just very critical of stuff I love.<span
style='mso-spacerun:yes'>  </span>You'll notice how many things I don't have a
  comment about.<span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>I expect more
  of Apple.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>I only get mad
  at stuff I expect to get better.<span style='mso-spacerun:yes'>  </span>I
  really believe that... I guess I'm a little less skeptical or cynical of Tim
  Cook's Apple.<span style='mso-spacerun:yes'>  </span>I really think he does
  want to do the right thing.<span style='mso-spacerun:yes'>  </span>I think the
  problem is that we as consumers, you hear those numbers about how jobs are
  created.<span style='mso-spacerun:yes'>  </span>How many people are applying
  trying to get new jobs?<span style='mso-spacerun:yes'>  </span>There's a
  certain point of fatigue that people reach in the down economy where they're
  not even trying to get a job anymore.<span style='mso-spacerun:yes'>  </span>I
  think that's kind of where we are at the moment with privacy.<span
style='mso-spacerun:yes'>  </span>It feels completely out of people's control.<span
style='mso-spacerun:yes'>  </span>I don't know whom you blame for that, but if
  you start reading about Security every day, you start to realize what all is
  out there.<span style='mso-spacerun:yes'>  </span>Maybe you can't control it
  all.<span style='mso-spacerun:yes'>  </span><span class=GramE>Absolutely.</span><span
style='mso-spacerun:yes'>  </span>I'm glad somebody is out there showing there
  is a value proposition to be made for taking a stand on this.<span
style='mso-spacerun:yes'>  </span>I use lots of Google stuff, and I like lots
  of Google stuff.<span style='mso-spacerun:yes'>  </span>I'm not a Google tin
  foil hat guy, because they deliver a lot of value for what I perceive them
  taking away.<span style='mso-spacerun:yes'>  </span>I think what drives people
  nuts is when there's opacity to these processes and even people who try to bone
  up and do the right thing, it's difficult.<span style='mso-spacerun:yes'>  </span>It's difficult to have two-factor authentication of everything.<span
style='mso-spacerun:yes'>  </span>It's difficult to enter a military grade
  password using an Apple 4 way dingus on an Apple TV.<span
style='mso-spacerun:yes'>  </span>I would love to have seen Steve Jobs live long
  enough to enter a three trillion year password using one of those things.<span
style='mso-spacerun:yes'>  </span>I think the trouble is<span class=GramE>..</span> <span class=GramE>not</span> to blame the media, part of this is in the way
  it's presented.<span style='mso-spacerun:yes'>  </span><span class=GramE>Cyber
  security and cyber threats and cyber problems.</span><span
style='mso-spacerun:yes'>  </span>No.<span style='mso-spacerun:yes'>  </span>This is just our life now.<span style='mso-spacerun:yes'>  </span>There
  has to be more sanity brought to what we can all do on this together.<span
style='mso-spacerun:yes'>  </span>How much of the stuff that happens is social
  engineering?<span style='mso-spacerun:yes'>  </span>What company are you going
  to blame for that?<span style='mso-spacerun:yes'>  </span>I guess there's still
  so much we could all do better.<span style='mso-spacerun:yes'>  </span>I'd like
  to see a company... I feel like Apple does care about that, and they wouldn't
  be saying it unless they thought they were doing it better.<span
style='mso-spacerun:yes'>  </span>They have to find a way to differentiate <span
class=GramE>themselves</span>.<span style='mso-spacerun:yes'>  </span>I'm not
  an Apple fanatic.<span style='mso-spacerun:yes'>  </span>Apple is the stuff I
  use so I have to be cynical about it sometimes.<span style='mso-spacerun:yes'>  </span>I don't know.<span style='mso-spacerun:yes'>  </span>I hope we all get
  to a place where we can evolve and adapt beyond the way we've done stuff for 50
  years.<span style='mso-spacerun:yes'>  </span>It's time for some new thinking
  about stuff like name password pairs as the way we deal with life.<span
style='mso-spacerun:yes'>  </span>Anyway, I hope that's a conversation... I
  would hate to get to the point where we all just throw our hands up in the air
  and say nobody cares anymore, because I care.<span style='mso-spacerun:yes'>  </span>Even if I can't be perfect, I still care.<span
style='mso-spacerun:yes'>  </span>I hope that the generation younger than us
  will care too.<span style='mso-spacerun:yes'>  </span>They're the ones that
  matter.<span style='mso-spacerun:yes'>  </span>We're all old.<span
style='mso-spacerun:yes'>  </span>Nobody cares what we think.<span
style='mso-spacerun:yes'>  </span>I hope they care, and I hope they hold people
  to a higher standard of taking care of us.<span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Until they get
  beat down like we are, and they'll give up too.<span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Enjoy that
  confidence while you're young, guys. <span
style='mso-spacerun:yes'> </span>Enjoy it.<span style='mso-spacerun:yes'>  </span>Be able to stand and sit without making a noise, move your bowels in a
  normal way.<span style='mso-spacerun:yes'>  </span>Enjoy that while you can.<span
style='mso-spacerun:yes'>  </span>It's good.<span style='mso-spacerun:yes'>  </span>Drink a lot of water and sleep while you can.<span
style='mso-spacerun:yes'>  </span>You're going to be dead someday.<span
style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Let me wrap
  this up with two questions related.<span style='mso-spacerun:yes'>  </span>One
  is<span class=GramE>,</span> how important is it to Apple that Apple music
  succeeds?<span style='mso-spacerun:yes'>  </span>Is it in fact going to be
  enough to replace iTunes sales which are clearly declining?<span
style='mso-spacerun:yes'>  </span>And, on the other side, how important to the
  music industry is it, and what does the music industry do?<span
style='mso-spacerun:yes'>  </span>Merlin, you gave us an article from Pitchfork
  that shows how little bands <span class=GramE>make,</span> and we know this
  from Pandora and Spotify.<span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>How comically
  low it is.<span style='mso-spacerun:yes'>  </span>It's actually funny how
  little it is.<span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Patrick:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Part of that is
  not necessarily, in many cases, the fault of Spotify or Pandora.<span
style='mso-spacerun:yes'>  </span>The labels take a big chunk of everything.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Music is not in
  good shape.<span style='mso-spacerun:yes'>  </span>You think?<span
style='mso-spacerun:yes'>  </span>I hate to say the music industry.<span
style='mso-spacerun:yes'>  </span><span class=GramE>If you're an artist...</span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Dylan:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Who cares about
  the Industry?<span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>It's about
  artists.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Dylan:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>If you're an
  artist, you may have a hard time making money the traditional music industry
  ways, but isn't it true that you can reach a bigger audience than ever before
  if you <span class=GramE>want</span> to go on YouTube?<span
style='mso-spacerun:yes'>  </span>Aren't there more ways to build a fan base
  and to build a following than ever before?<span style='mso-spacerun:yes'>  </span>You can't make money by selling CDs, but maybe you can make money by...
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Patrick:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Nobody ever
  made money in CDs.<span style='mso-spacerun:yes'>  </span>There was a small
  group of people that made a lot of money off <span class=GramE>CDs,</span> it's
  always been a small group.<span style='mso-spacerun:yes'>  </span>Most artists,
  even the huge artists, make their money off the tours and the merchandise from
  the tours.<span style='mso-spacerun:yes'>  </span>That hasn't changed that
  much.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>We want artists
  to succeed.<span style='mso-spacerun:yes'>  </span>We want young people coming
  up as musicians, as performers, to be able to make a living.<span
style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Patrick:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Yes, it would
  be nice.<span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>It sounds like <span
class=GramE>Dylan,</span> you're saying the good news is that is doable.<span
style='mso-spacerun:yes'>  </span>You just can't do it the old way.<span
style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Dylan:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Easy for me to
  say.<span style='mso-spacerun:yes'>  </span>I'm not trying to make a living as
  an artist of any kind. It does seem like there are some possibilities for
  making a living as a musician, if you're willing to look outside the &quot;I
  need to get a big contract.&quot;
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Platinum
  artists, probably not.<span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Patrick:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>But this
  situation hasn't changed much in the last 30 years. <span
style='mso-spacerun:yes'> </span>I remember interviewing people where all they
  wanted to be, I'm looking for a big record deal.<span
style='mso-spacerun:yes'>  </span>You need to talk to people with &quot;big
  record deals.&quot;<span style='mso-spacerun:yes'>  </span>They're not making
  money off the records.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Dylan:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>In one way,
  Patrick, I think it has changed, which <span class=GramE>is</span> you can
  build a following in Twitter, YouTube, or what have you.<span
style='mso-spacerun:yes'>  </span>Look at Amanda Palmer, look at Zoey
  Keating.<span style='mso-spacerun:yes'>  </span>There are a lot of artists out
  there who... they're not huge, they're not getting rich off their music, but
  they're supporting themselves.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Thanks to <span
class=SpellE>Patrion</span>, thanks to YouTube, there are ways to do this.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Patrick:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>That's what I
  was going to say.<span style='mso-spacerun:yes'>  </span>Nobody is getting rich
  off YouTube.<span style='mso-spacerun:yes'>  </span><span class=SpellE>Patrion</span> has been amazing.<span style='mso-spacerun:yes'>  </span><span class=SpellE>Patrion</span> is supporting <span class=SpellE>TekThing</span> and all these other people
  doing it.<span style='mso-spacerun:yes'>  </span>I'm not saying there's not a
  thousand other ways.<span style='mso-spacerun:yes'>  </span>What I find ironic
  is that <span class=GramE>there's</span> still people who want a record deal,
  even when they know because everything is so public on the Internet now, that
  they're probably not going to make any money and get screwed by the record
  label.<span style='mso-spacerun:yes'>  </span>I can remember... I have issues
  with record companies because there's nothing more unpleasant in the world than
  being in a meeting with a pissed off PR person for a record company, at least
  when the Record companies were making money hand over fist.<span
style='mso-spacerun:yes'>  </span>They were nasty, they were vicious, they were
  manipulative in the way they handled things.<span style='mso-spacerun:yes'>  </span>You won't have access to this artist if you don't put this artist on the
  cover of your magazine this month.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Companies in
  power tend to do stuff like that.<span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Patrick:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>They were
  making money that the artists weren't seeing!<span style='mso-spacerun:yes'>  </span>It's always been like that.<span style='mso-spacerun:yes'>  </span>I
  think it's disingenuous for people to blame Spotify for them not making money
  when the record companies cash in larger checks and are just not giving them a
  cut.<span style='mso-spacerun:yes'>  </span>That's a contract problem.<span
style='mso-spacerun:yes'>  </span>That's an Industry problem, but yes.<span
style='mso-spacerun:yes'>  </span>There are so many better ways to make music.<span
style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Question two
  was music Industry.<span style='mso-spacerun:yes'>  </span>All are in the
  affirmative that there's a future going forward, it's just not going to be the
  way the Record labels wanted it to be, or maybe even Spotify, Apple Music, and
  Pandora want it to be.<span style='mso-spacerun:yes'>  </span>Artists do have
  an opportunity if they know how to work the system properly, right?
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Harry:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>When all is
  said and done, I don't think it's all that essential to Apple that Apple Music
  do well.<span style='mso-spacerun:yes'>  </span>For Spotify, Spotify definitely
  has to figure that out, because if it doesn't have that it has very
  little.<span style='mso-spacerun:yes'>  </span>Apple, music was great to get
  people to buy iPods in the first <span class=GramE>place,</span> the great
  thing about the iPhone now is that it's a great platform for all these third
  party music services.<span style='mso-spacerun:yes'>  </span>I'm still buying
  Apple's hardware.<span style='mso-spacerun:yes'>  </span>Apple is never going
  to be all that dependent from revenue for selling music.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>You could make
  the case that it's more important for the Apple Watch to do well than the Apple
  Music to do well.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Harry:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Totally.<span
style='mso-spacerun:yes'>  </span>They have to be an important device on your
  wrist.<span style='mso-spacerun:yes'>  </span>That is really important to
  them.<span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>They need a
  successor to the iPhone at some point.<span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Harry:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>If Apple Music
  does well, great.<span style='mso-spacerun:yes'>  </span>If Apple music is
  something of a disappointment, I don't think Tim Cook loses that much sleep.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>If revenue from
  iTunes went away, it's not so much money that it's going to hurt them.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Patrick:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>iTunes is 10
  billion out of 182 billion earnings for Apple in 2014.<span
style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>It's nice to be
  in that position.<span style='mso-spacerun:yes'>  </span>It's really the
  iPhone.<span style='mso-spacerun:yes'>  </span>It's all about the iPhone.<span
style='mso-spacerun:yes'>  </span>But they need a successor to that.<span
style='mso-spacerun:yes'>  </span>I think the professional iPad might be
  something to look at.<span style='mso-spacerun:yes'>  </span>I think the Apple
  Watch has some potential.<span style='mso-spacerun:yes'>  </span><span
class=GramE>Merlin, final word on the Apple event?</span><span
style='mso-spacerun:yes'>  </span><span class=GramE>Anything else to say?</span><span
style='mso-spacerun:yes'>  </span>Are you a fan of Drake?
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Huge fan.<span
style='mso-spacerun:yes'>  </span>I'm just happy that he knows so many famous
  people.<span style='mso-spacerun:yes'>  </span>I agree with you guys.<span
style='mso-spacerun:yes'>  </span>I don't know anything about business.<span
style='mso-spacerun:yes'>  </span>I don't see how this needs to happen for
  Apple.<span style='mso-spacerun:yes'>  </span>It sounds like another one of
  those things where somebody in the peanut gallery is screaming what Apple has
  to do to be successful.<span style='mso-spacerun:yes'>  </span>Look at what
  they've done well with.<span style='mso-spacerun:yes'>  </span>What they've
  done well with is finding a way to take something, start with something that
  everybody thought was a lost cause, find a way to make it beautiful, sexy, and
  costly, find the people who want that, and then give them a way to buy huge
  amounts of more stuff with that.<span style='mso-spacerun:yes'>  </span>The
  thing is<span class=GramE>,</span> having a commodity music service where
  you're competing on price does not feel like Apple to me.<span
style='mso-spacerun:yes'>  </span>I think that's why this feels like an out of
  left field thing.<span style='mso-spacerun:yes'>  </span>They were part of the
  undoing of the way that the music industry worked.<span
style='mso-spacerun:yes'>  </span>That's probably harming them a little bit
  too.<span style='mso-spacerun:yes'>  </span>Truth is<span class=GramE>,</span> they don't have to sell iPods.<span style='mso-spacerun:yes'>  </span>They're
  selling iPhones and they want you buying apps.<span style='mso-spacerun:yes'>  </span>I would love to be back some time to talk about the Apple TV, because I
  think that's a really interesting place the future is headed.<span
style='mso-spacerun:yes'>  </span><span class=GramE>Especially when that
  becomes the hub for all your home stuff.</span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Patrick:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>I really wanted
  to see something from Apple TV.<span style='mso-spacerun:yes'>  </span>I was so
  disappointed that there was no Apple TV.<span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>There's no
  reason we have to drop it.<span style='mso-spacerun:yes'>  </span>Let's come
  back and talk about it.<span style='mso-spacerun:yes'>  </span>There are so
  many things to talk about.<span style='mso-spacerun:yes'>  </span>This is going
  to be the first 18-hour <span class=SpellE>TWiT</span>, and I'm so glad. The
  audience is going, &quot;Oh My god.&quot;<span style='mso-spacerun:yes'>  </span>We have the most uncomfortable chairs we've ever sat in.<span
style='mso-spacerun:yes'>  </span>Merlin Mann is here, it's so great to have
  you back.<span style='mso-spacerun:yes'>  </span>What do you want to plug?<span
style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> <span style='mso-spacerun:yes'> </span>OK.<span
style='mso-spacerun:yes'>  </span>To make people go and do a thing?
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Yeah.<span
style='mso-spacerun:yes'>  </span>Make them go and do a thing.<span
style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>I don't like
  plugging.<span style='mso-spacerun:yes'>  </span>I've got two things I'd like
  people to go and check out.<span style='mso-spacerun:yes'>  </span>There's a
  show I mentioned with Jim <span class=SpellE>Deripple</span> called the <span
class=SpellE>Deripple</span> report.<span style='mso-spacerun:yes'>  </span>You
  can get that at Insight.com/the <span class=SpellE>delripple</span> report.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>So it's you and
  Jim?<span style='mso-spacerun:yes'>  </span>That's got to be great.<span
style='mso-spacerun:yes'>  </span>You talk for half an hour, and he goes,
  &quot;Yep.&quot;<span style='mso-spacerun:yes'>  </span>Is that basically how
  it goes?<span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>You don't need
  to listen.<span style='mso-spacerun:yes'>  </span>That's it.<span
style='mso-spacerun:yes'>  </span>That's the whole thing.<span
style='mso-spacerun:yes'>  </span>The other show I'm really excited about on
  Relay.FM is a show called reconcilable differences that's me and John <span
class=SpellE>Syracusa</span>.<span style='mso-spacerun:yes'>  </span>I'm very
  excited about that.<span style='mso-spacerun:yes'>  </span>You can see that on
  relay.fm/rd.<span style='mso-spacerun:yes'>  </span>I'm really proud of both of
  those.<span style='mso-spacerun:yes'>  </span>I still do Back <span
class=GramE>To</span> Work with Dan.<span style='mso-spacerun:yes'>  </span>I
  do lots of stuff.<span style='mso-spacerun:yes'>  </span>I'm very happy to be
  here.<span style='mso-spacerun:yes'>  </span>It's nice that you've...
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>We love Merlin
  Mann.<span style='mso-spacerun:yes'>  </span>We're so thrilled to have you.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>I'm going to
  get a better camera next time.<span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>You look like
  you might be one of the two guys who escaped from prison last week, but other
  than that...
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>I could put the
  blue light on.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Much
  better.<span style='mso-spacerun:yes'>  </span>OK.<span
style='mso-spacerun:yes'>  </span>Harry McCracken, the <span class=SpellE>Teknologizer</span> is here.<span style='mso-spacerun:yes'>  </span>You can read is works at
  fastcompany.com.<span style='mso-spacerun:yes'>  </span>Follow Harry and Marie
  on Instagram.<span style='mso-spacerun:yes'>  </span>I love your pictures.<span
style='mso-spacerun:yes'>  </span><span class=GramE>Wild stuff.</span><span
style='mso-spacerun:yes'>  </span>Were you at the computer history museum?<span
style='mso-spacerun:yes'>  </span>I saw a lot of old stuff.<span
style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Harry:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>My feed is
  probably half stuff about old technology, and when radio shack is out of
  business, I'm going to be in trouble because I keep going into radio shack and <span
class=SpellE>instagramming</span> the going out of business sales.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> I love it.<span style='mso-spacerun:yes'>  </span>What
  is it on Instagram?<span style='mso-spacerun:yes'>  </span>Is it <span
class=SpellE>Technologizer</span>?<span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Harry:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>It's <span
class=SpellE>Technologizer</span>.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>I keep up with
  my friends basically on Instagram.<span style='mso-spacerun:yes'>  </span>That's the only way I know anything is going on.<span
style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Harry:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>I put photos of
  you on Instagram.<span style='mso-spacerun:yes'>  </span>We'll put you on your
  Segway as soon as the show is over.<span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>That should be
  fun.<span style='mso-spacerun:yes'>  </span>I rode in on the Segway.<span
style='mso-spacerun:yes'>  </span>My buddy, Patrick Norton, is here.<span
style='mso-spacerun:yes'>  </span>You've got to watch the last episode of the
  new Screensavers.<span style='mso-spacerun:yes'>  </span><span class=GramE>So
  much fun.</span><span style='mso-spacerun:yes'>  </span><span class=GramE>And
  of course, tekthing.com.</span><span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Patrick:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>2100 dollars
  less expensive than techthing.com.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>That makes a
  big difference, but with that <span class=SpellE>patrion</span> money rolling
  in, you and Snubs might be able to afford that someday.<span
style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Patrick:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>I just want to make
  a living.<span style='mso-spacerun:yes'>  </span>Feed my children, get health
  insurance.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>I just want to
  make a living.<span style='mso-spacerun:yes'>  </span>That's all he asks,
  folks.<span style='mso-spacerun:yes'>  </span>Brand new to the show, and I'm
  thrilled to have him, Dylan <span class=SpellE>Tweney</span>.<span
style='mso-spacerun:yes'>  </span><span class=GramE>Great to have you from
  venturebeat.com.</span><span style='mso-spacerun:yes'>  </span>Editor at large
  is the best title you could have.<span style='mso-spacerun:yes'>  </span>That
  means you can do anything you want, right?
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Dylan:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Yeah.<span
style='mso-spacerun:yes'>  </span>I don't have to go to the office
  anymore.<span style='mso-spacerun:yes'>  </span>I can go down to Las Vegas and
  file 10,000 words stream of consciousness.<span style='mso-spacerun:yes'>  </span>So watch out.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>I was visiting
  a friend of Dvorak's, Will Hurst, when he was Editor in Chief of the Examiner,
  and he was responsible for getting Hunter S. Thompson to file.<span
style='mso-spacerun:yes'>  </span>I'll never forget listening to one half of a
  phone conversation where Will is going, &quot;Hunter!<span
style='mso-spacerun:yes'>  </span>Listen to me.<span style='mso-spacerun:yes'>  </span>We put the paper to bed in half an hour.<span style='mso-spacerun:yes'>  </span>Where did you go?&quot;<span style='mso-spacerun:yes'>  </span><span
class=GramE>Anyway.</span><span style='mso-spacerun:yes'>  </span><span
class=GramE>Must have been fun working with that fellow, kind of like working
  with Keith <span class=SpellE>Oberman</span>.</span><span
style='mso-spacerun:yes'>  </span><span class=GramE>More to come in just a
  second.</span><span style='mso-spacerun:yes'>  </span>Let's talk TV.<span
style='mso-spacerun:yes'>  </span>Apple TV.<span style='mso-spacerun:yes'>  </span>Merlin, you and Jim did a whole show on TV.<span
style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Actually we
  did.<span style='mso-spacerun:yes'>  </span>We talked about cord cutting.<span
style='mso-spacerun:yes'>  </span>A lot of it was blue skies <span
class=SpellE>solutioneering</span>.<span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>You're the
  king.<span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Basically, I...
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Save it.<span
style='mso-spacerun:yes'>  </span>Don't start.<span style='mso-spacerun:yes'>  </span>This is good stuff, but I've got to do an ad.<span
style='mso-spacerun:yes'>  </span>Look at that, he froze.<span
style='mso-spacerun:yes'>  </span>You take orders well, Mr. Mann.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Thank you!
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Out show
  brought to you by Audible.com!<span style='mso-spacerun:yes'>  </span>We love
  Audible.<span style='mso-spacerun:yes'>  </span>There's no reason to even do
  the ad.<span style='mso-spacerun:yes'>  </span>We know.<span
style='mso-spacerun:yes'>  </span>You love it.<span style='mso-spacerun:yes'>  </span>Just get it, OK?<span style='mso-spacerun:yes'>  </span>We actually have
  two books for you.<span style='mso-spacerun:yes'>  </span><span class=GramE>audible.com/twit2</span> is the largest and best audio bookstore in the world.<span
style='mso-spacerun:yes'>  </span><span class=GramE>180,000 titles.</span><span
style='mso-spacerun:yes'>  </span>Now, summer time is coming.<span
style='mso-spacerun:yes'>  </span>Your summer time reading is so much
  better.<span style='mso-spacerun:yes'>  </span>You're lying on the beach not
  trying to read between the sand grains and the sun.<span
style='mso-spacerun:yes'>  </span>You could just listen and relax.<span
style='mso-spacerun:yes'>  </span>On the plane, I got a big flight coming up in
  a couple of <span class=GramE>weeks,</span> I'm loading up on the Audible
  books.<span style='mso-spacerun:yes'>  </span>What I do <span class=GramE>is</span> I...<span style='mso-spacerun:yes'>  </span>There's Neil <span class=SpellE>Degrasse</span> Tyson.<span style='mso-spacerun:yes'>  </span>What I do is I alternate between
  fiction and non-fiction.<span style='mso-spacerun:yes'>  </span>Back and forth,
  back and forth, so I get a little bit of escape, a little science <span
class=GramE>fiction,</span> got the new Neil Stevenson.<span
style='mso-spacerun:yes'>  </span>You know.<span style='mso-spacerun:yes'>  </span>You and I are Neil Stevenson fans.<span style='mso-spacerun:yes'>  </span>You read the Baroque Cycle.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Patrick:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>I just re-read
  it.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>What?<span
style='mso-spacerun:yes'>  </span><span class=GramE>Holy cow.</span><span
style='mso-spacerun:yes'>  </span>I have it on Audible, but I don't know if I'm
  going to be able to get through it here.<span style='mso-spacerun:yes'>  </span><span class=GramE>Season of the Witch.</span><span
style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Patrick:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Season of the
  Witch.<span style='mso-spacerun:yes'>  </span><span class=GramE>Just looked it
  up.</span><span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Enchantment,
  terror, and deliverance in the city of David Talbot.<span
style='mso-spacerun:yes'>  </span>It's San Francisco in the late 60's/ early
  70's.<span style='mso-spacerun:yes'>  </span>Do you know of it?<span
style='mso-spacerun:yes'>  </span>That's my next book.<span
style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Patrick:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Is this Salon
  David Talbot?<span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Yeah.<span
style='mso-spacerun:yes'>  </span>We interviewed Ashley Vance last week on
  triangulation about his new book, Elon Musk: Tesla, Space X, and the Quest for
  a fantastic future.<span style='mso-spacerun:yes'>  </span>Man, <span
class=GramE>there's</span> some great stories in there, including the day he
  wrecked his McLaren.<span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Harry:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Elon or
  Ashley?<span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Elon.<span
style='mso-spacerun:yes'>  </span>I don't think Ashley has a McLaren.<span
style='mso-spacerun:yes'>  </span>So non-fiction is doing great, but there's
  great fiction too.<span style='mso-spacerun:yes'>  </span>The science fiction
  selection here is phenomenal.<span style='mso-spacerun:yes'>  </span>Audible
  always has great recommendations.<span style='mso-spacerun:yes'>  </span>One
  thing that's cool about people who love Audible, when they get together, they
  always talk.<span style='mso-spacerun:yes'>  </span><span class=GramE>Jurassic
  Park.</span><span style='mso-spacerun:yes'>  </span>Before you see the movie,
  re-listen to the novel.<span style='mso-spacerun:yes'>  </span>I'm really
  excited about the new movie.<span style='mso-spacerun:yes'>  </span>But all the
  Michael <span class=SpellE>Crighton</span> novels are here.<span
style='mso-spacerun:yes'>  </span>Scott Brick does a great job.<span
style='mso-spacerun:yes'>  </span>This is a re-record for the 25th anniversary
  of Jurassic Park.<span style='mso-spacerun:yes'>  </span>Audible.com<span
class=GramE>.<span style='mso-spacerun:yes'>  </span>Here's</span> how you get
  two books.<span style='mso-spacerun:yes'>  </span>I've given you a few.<span
style='mso-spacerun:yes'>  </span><span class=GramE>Audible.com/twit2.</span><span
style='mso-spacerun:yes'>  </span>You're signing up for the Platinum Plan.<span
style='mso-spacerun:yes'>  </span>That's the two books a month plan.<span
style='mso-spacerun:yes'>  </span>It includes the daily digest of the New York
  Times or the Wall Street Journal, and you pay nothing for the first 30
  days.<span style='mso-spacerun:yes'>  </span>Cancel anytime in those first 30
  days, keep those books forever.<span style='mso-spacerun:yes'>  </span>You
  won't want to cancel.<span style='mso-spacerun:yes'>  </span>I am a
  fanatic.<span style='mso-spacerun:yes'>  </span>I just got the Amazon Echo...
  that little tube that you talk to.<span style='mso-spacerun:yes'>  </span>You
  can now say, &quot;Hey Echo.<span style='mso-spacerun:yes'>  </span>Read
  me.&quot;<span style='mso-spacerun:yes'>  </span>It will read to you from your
  Audible collection, which is amazing.<span style='mso-spacerun:yes'>  </span><span
class=GramE>audible.com/twit2</span>.<span style='mso-spacerun:yes'>  </span>We
  thank them for their support of This Week in Tech.<span
style='mso-spacerun:yes'>  </span>Merlin, we used to talk about this when the
  Apple TV first came out on <span class=SpellE>MacBreak</span> weekly when you
  were there, that they will put an App store on the Apple TV?<span
style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>It sounds like
  one of my predictions.<span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> From 8 years ago, or whatever?<span
style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>My track record
  is outstanding.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>We're still
  waiting for that Beatles iPod.<span style='mso-spacerun:yes'>  </span>What was
  that<span class=GramE>...</span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>The Yellow
  Submarine iPod?<span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Yeah.<span
style='mso-spacerun:yes'>  </span><span class=GramE>Still waiting for that now.</span><span
style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>I don't think
  this is anything... I'm not the first person to say any of this stuff.<span
style='mso-spacerun:yes'>  </span>It's just that it's been so long since the
  Apple TV has been updated.<span style='mso-spacerun:yes'>  </span>It's
  really...
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>People have
  moved on.<span style='mso-spacerun:yes'>  </span>They've gone to Roku.<span
style='mso-spacerun:yes'>  </span>They've gone to other platforms.<span
style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>The Amazon Fire
  TV really did fly.<span style='mso-spacerun:yes'>  </span>The thing is, when I
  talk to my friends who have just an Apple TV that sounds really crazy.<span
style='mso-spacerun:yes'>  </span>How could there be a performance
  difference?<span style='mso-spacerun:yes'>  </span>The fact that it wakes the
  second you hit it.<span style='mso-spacerun:yes'>  </span>It's crazy.<span
style='mso-spacerun:yes'>  </span><span class=GramE>Anyway.</span><span
style='mso-spacerun:yes'>  </span><span class=GramE>All that</span> aside.<span
style='mso-spacerun:yes'>  </span>I feel like there's a big opportunity out
  there for some kind of device.<span style='mso-spacerun:yes'>  </span>I
  sometimes feel like our biggest constraint of mind is that we call it an Apple
  TV.<span style='mso-spacerun:yes'>  </span>We came to know this little puck as
  a way to buy things in the iTunes store.<span style='mso-spacerun:yes'>  </span>That's something different is going to happen with that.<span
style='mso-spacerun:yes'>  </span>Maybe it gets mixed in with a router.<span
style='mso-spacerun:yes'>  </span>Who knows what it could be?<span
style='mso-spacerun:yes'>  </span>It's been a while since I've done a really
  dumb prediction on a <span class=SpellE>TWiT</span> show.<span
style='mso-spacerun:yes'>  </span>My dumb prediction is going to be that
  they're going to have an amazing pivot in the next two years where they're a
  company that has typically said we'll take it in the shorts on content in order
  to make it up in hardware.<span style='mso-spacerun:yes'>  </span>There's a
  part of me that wonders if they'll take it in the shorts on hardware in order
  to make it up on content when it comes to things like movies and apps.<span
style='mso-spacerun:yes'>  </span>I would love to see a future in two years
  where you could walk into a Walgreens and pick up whatever replaces the Apple
  TV, take it with you anywhere, <span class=GramE>have</span> a service that's
  portable.<span style='mso-spacerun:yes'>  </span>Marriott, for example, just
  announced this service where you can get Netflix inside your room.<span
style='mso-spacerun:yes'>  </span>If they really are going to move this stuff
  into the cloud, the Apple TV becomes the way it gets from the tube onto your
  TV.<span style='mso-spacerun:yes'>  </span>That App store becomes so important
  in that scenario.<span style='mso-spacerun:yes'>  </span>That said<span
class=GramE>,</span> having a device where you can do Home Kit stuff would be
  giant.<span style='mso-spacerun:yes'>  </span>It seems like the most obvious
  thing in the world.<span style='mso-spacerun:yes'>  </span>If one or two of
  those things are what was planned or what is being planned for the Apple TV,
  I'm not surprised that it's taking a while.<span style='mso-spacerun:yes'>  </span>That's a whole lot of stuff in a company that has not done great with
  services in the past.<span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>They dropped a
  69, which was I think because they were going to clear it out.<span
style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>So we all
  thought, yeah.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Harry:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>They might have
  thought they were about to announce a tune but they had to delay it a little
  bit.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>That's all
  right.<span style='mso-spacerun:yes'>  </span>They could do it next month.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Dylan:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>A couple weeks
  ago, Les <span class=SpellE>Moonba</span>, the head of VS was talking about how
  yes we are talking to Apple.<span style='mso-spacerun:yes'>  </span>He was at
  the code conference.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>He said he was
  excited.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Dylan:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>He said
  basically, it's about money right now.<span style='mso-spacerun:yes'>  </span>They're just negotiating about how much they get paid is what it sounded
  like.<span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>It is the
  bottom line, isn't it?<span style='mso-spacerun:yes'>  </span>That's <span
class=SpellE>Les's</span> only job is to make sure the money is there.<span
style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Dylan:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>How many
  billions are you going to give us?
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Speaking of
  which, I'm stunned by what you just told us, Merlin, which is Marriott, which
  makes a ton of money on in room entertainment, mostly porno is going to let you
  watch your Netflix.<span style='mso-spacerun:yes'>  </span>They must have been
  forced to do that.<span style='mso-spacerun:yes'>  </span>There's no way.<span
style='mso-spacerun:yes'>  </span>Why would I ever rent a twenty-dollar movie
  on the Marriott?
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Patrick:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Maybe the
  revenues from the movies are disappearing because of the Internet and the Hotel
  rooms, so they're trying to figure out a way to make people more loyal to the brand.<span
style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Have you read
  any of the articles about how many hotels are not doing mini bars in their
  rooms anymore?
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Why is that?
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>I've read a
  couple things about it.<span style='mso-spacerun:yes'>  </span>I don't remember
  where I read a big piece on this.<span style='mso-spacerun:yes'>  </span>I've
  been surprised that more and more stuff...
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>You just get an
  empty refrigerator.<span style='mso-spacerun:yes'>  </span>It's not even turned
  on.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Harry:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>You don't use
  the landline in the hotel room any more.<span style='mso-spacerun:yes'>  </span>I hardly turn on the TV at all.<span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Somebody wrote
  this comprehensive history of the mini bar and what has happened to it over the
  years.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>That I want to
  read.<span style='mso-spacerun:yes'>  </span>It must have been on Medium.<span
style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Yeah, you've
  certainly done the thing where you go do I want this and you move it around and
  you get charged.<span style='mso-spacerun:yes'>  </span>Basically, the idea is
  that it's not nearly as profitable as you would guess.<span
style='mso-spacerun:yes'>  </span>It takes a lot of resources.<span
style='mso-spacerun:yes'>  </span>Hotels are pretty under-resourced in a lot of
  ways.<span style='mso-spacerun:yes'>  </span>It's very costly to keep up.<span
style='mso-spacerun:yes'>  </span>They lose a lot of money on it, they end up
  having to give a lot of money back on refunds and stuff like that.<span
style='mso-spacerun:yes'>  </span>I guess what I'm wondering is, it seems like
  selling movies in a room would be pure profit, but maybe the margins on that
  aren't great.<span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Patrick:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>The systems
  were always really clunky I did a quick search.<span style='mso-spacerun:yes'>  </span><span class=GramE>2010 LA Times article talking about how Hotel Revenue
  from phone calls and in room movies was drying up.</span><span
style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Here's the
  Economist.<span style='mso-spacerun:yes'>  </span>Mini Bar Blues writes the
  Economist.<span style='mso-spacerun:yes'>  </span>Unfortunately I can't read it
  because I have to see an ad from Rolex first. If you're reading The Economist
  you can obviously afford a fine watch.<span style='mso-spacerun:yes'>  </span>Hotel Mini-Bar, the last refuge of many a tired Hotel business traveler
  is in its twilight years.<span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Harry:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Hotels aren't
  even charging for <span class=SpellE>wifi</span> nearly as much as they used
  to.<span style='mso-spacerun:yes'>  </span>A lot of the time, that's just been
  rolled into the cost of the room.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Increasingly,
  that's going to be table stakes, which seems improbable.<span
style='mso-spacerun:yes'>  </span>It doesn't seem that long ago, it was 30
  dollars a day for one device to connect.<span style='mso-spacerun:yes'>  </span>It seems like two years ago to me.<span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>As Beef in our
  chat room says, it's pretty sad when a company can't make a profit off a
  ten-dollar bag of peanuts.<span style='mso-spacerun:yes'>  </span><span
class=GramE>Or a $25 day of <span class=SpellE>wifi</span>.</span><span
style='mso-spacerun:yes'>  </span>Obviously there's overhead I didn't
  understand.<span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Patrick:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>It's
  funny.<span style='mso-spacerun:yes'>  </span>This LA times article revenue
  collected by US hotels from phone calls dropped to an average of $178 per room
  in 2009 from $1252 in 1999.<span style='mso-spacerun:yes'>  </span>An 86% drop.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Part of the
  problem is theft.<span style='mso-spacerun:yes'>  </span>Customers drink the
  booze in little bottles and replace it with water.<span
style='mso-spacerun:yes'>  </span>Who knew?
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>So then what
  they did was, I remember when they started doing this as a drinker.<span
style='mso-spacerun:yes'>  </span>They started making it so that if you even
  moved the thing it would charge you.<span style='mso-spacerun:yes'>  </span>If
  you don't check your bill, people don't check the bill.<span
style='mso-spacerun:yes'>  </span>There would be all this stuff on there and
  they would have to do all these charges.<span style='mso-spacerun:yes'>  </span>Once again, there is a reason I'm not in the corner office.<span
style='mso-spacerun:yes'>  </span>It feels like the Industry, there's always
  ways of trying to make a buck, but more and more, as an occasional traveler, it
  feels like they're trying to save money.<span style='mso-spacerun:yes'>  </span>If there's not a clear winner and a way to make a profit, it's more
  about minimizing costs.<span style='mso-spacerun:yes'>  </span>Have you
  noticed, not to sound like Jerry Seinfeld, what's the deal with garbage
  cans?<span style='mso-spacerun:yes'>  </span>Is it just me, or is there like
  one tiny garbage can for the entire room?<span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>There is.<span
style='mso-spacerun:yes'>  </span>That's all.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>There must be a
  reason.<span style='mso-spacerun:yes'>  </span>There's an economic reason for
  that.<span style='mso-spacerun:yes'>  </span>They want to clean that room and
  flip it around as soon as possible, because that means fewer staff.<span
style='mso-spacerun:yes'>  </span>I don't think hotels do as well as it
  seems.<span style='mso-spacerun:yes'>  </span>I don't know how this became
  about hotels.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Harry:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>They're looking
  at replacing the housekeeping staff with robots.<span
style='mso-spacerun:yes'>  </span><span class=GramE>Literally.</span><span
style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>There's a hotel
  in Silicon Valley where the robot comes and brings you your toothbrush.<span
style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Patrick:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>The smaller
  hotels in Vegas...
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>That doesn't
  seem like a cost saving, by the way.<span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Patrick:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>It's funny
  though.<span style='mso-spacerun:yes'>  </span>For the larger hotels it's a big
  deal.<span style='mso-spacerun:yes'>  </span>For the smaller hotels in Vegas,
  it turns out the people they brought in are independent contractors, and if
  they step into your room and give you towels, they make three dollars.<span
style='mso-spacerun:yes'>  </span>If they're not allowed in the room, they make
  nothing.<span style='mso-spacerun:yes'>  </span>There's a person watching and
  cuing them to see which room they go into.<span style='mso-spacerun:yes'>  </span>In the case of the larger hotels in Vegas, it'll go from 80% occupancy
  during CES and maybe spend 80% of its time at 20% occupancy keeping Staff all
  night for that is a nightmare.<span style='mso-spacerun:yes'>  </span>In that
  case, robots would be less expensive.<span style='mso-spacerun:yes'>  </span>Robots don't expect retirement; they don't have health insurance
  policies.<span style='mso-spacerun:yes'>  </span>The tiny garbage <span
class=GramE>cans is</span> about minimizing the amount they pay.<span
style='mso-spacerun:yes'>  </span>I've walked into a hotel room where somebody
  emptied the entire back of their truck into the garbage can.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>That's why you
  would want garbage cans, to encourage people to take the trash and put it in a
  garbage can.<span style='mso-spacerun:yes'>  </span>If you don't give me enough
  garbage cans, I'm going to leave it on the floor.<span
style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>I had the same
  thought.<span style='mso-spacerun:yes'>  </span>We have a park near our
  house.<span style='mso-spacerun:yes'>  </span>One day I ran into the
  inscrutable woman who takes care of the park.<span style='mso-spacerun:yes'>  </span>I said, &quot;Inscrutable woman, why do we not have more garbage cans in
  the park?<span style='mso-spacerun:yes'>  </span>It seems to me that all the
  high school kids who are monsters throw all their trash and sweet things on the
  ground, wouldn't it be a nice thing for the park if we had more garbage cans?<span
style='mso-spacerun:yes'>  </span>People can put their garbage in them.<span
style='mso-spacerun:yes'>  </span>She goes, <span class=GramE>No</span>.<span
style='mso-spacerun:yes'>  </span>We just empty those.<span
style='mso-spacerun:yes'>  </span>There's a reason I'm not on city
  council.<span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>I'm just
  thinking.<span style='mso-spacerun:yes'>  </span><span class=GramE>Crazy.</span><span
style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Dylan:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>I think I
  missed a step here.<span style='mso-spacerun:yes'>  </span>What is Apple doing
  to disrupt the hotel industry?
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Dylan, you're
  new here.<span style='mso-spacerun:yes'>  </span>Let me explain.<span
style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Johnny <span
class=SpellE>Ive</span> in a white room.<span style='mso-spacerun:yes'>  </span>We have taken everything you love about your home trashcan.<span
style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>The simplest
  hotel room we've ever made.<span style='mso-spacerun:yes'>  </span>The problem
  with this show in general is that we all are massively suffering from ADD, and
  we haven't taken our meds, so you never know where we're going to go.<span
style='mso-spacerun:yes'>  </span>Merlin, you invented the Rat Hole.<span
style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>That was
  me.<span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Here he
  goes.<span style='mso-spacerun:yes'>  </span><span class=GramE>The Rat Hole
  theme, ladies and gentlemen.</span><span style='mso-spacerun:yes'>  </span><span
class=GramE>Everybody.</span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>Rat Hole!<span
style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'><span style='mso-spacerun:yes'>  </span>I have a
  recording of that somewhere.<span style='mso-spacerun:yes'>  </span>Thank you,
  Merlin.<span style='mso-spacerun:yes'>  </span>It wouldn't be the same without
  you.<span style='mso-spacerun:yes'>  </span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'>All right, this is another rat-hole, but I think an
  interesting one. The market – I think, it's the market has slowly been eating
  away at Twitter, first a foot, then a thigh, then another hand.<span
style='mso-spacerun:yes'>  </span>They've scapegoated every executive, finally
  got to the head office. The CEO, Dick <span class=SpellE>Costolo</span>, who's
  well beloved – I think you probably know him, Merlin. <span class=GramE>A funny
  guy, talented.</span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Everybody seems to like him except for Wall Street.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Wall Street didn't like him and bye, bye Dick <span
class=SpellE>Costolo</span>. He's no longer going to be the CEO. Jack Dorsey's
  coming back. Jack's like a bad <span class=GramE>penny,</span> you cannot get
  rid of him, until they find another CEO, right or wrong?
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Harry:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Steve Jobs was the interim CEO at Apple for like
  several years, if I remember correctly.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Jack was interim CEO before, remember he was going
  back and forth between his start-up Square and – like in one day, he'd do half
  a day at Square, half a day at Twitter and -
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Harry:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> They're in buildings right next to each other on
  Market Street.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Dylan:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> I think he's still doing that. He's really taking this
  being like Steve Jobs thing really way [1:00:55.7?].
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> So what -
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Dylan:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Except for the beard. Steve would have never have let
  his beard grow that long.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Yes, Jack. The beard, I hadn't seen the beard until
  this news came out.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Harry:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Did you see his mom complaining about the beard on
  Twitter? She went on Twitter and said she didn't like it because he has such a
  nice face.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Aw, he has such a nice <span class=SpellE>punim</span>.
  I have a feeling there probably, and I'm just going to check, is a Jack
  Dorsey's beard account on Twitter right now. You probably know all the players,
  Merlin. I think you were a very early adopter and very tight with the Twitter
  group.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> I'm so deeply out of the loop. I did a talk at Twitter
  about meetings you can find somewhere on the internet, probably about two or
  three years ago, and I remember going in there and I was going, “Oh, yes, this
  is supposed to be really crazy, really difficult. You're growing.” Yes, in
  January we had 150 people and then in that fall, they had 300 people. Now
  today, how many – you guys follow this, how much do they have? How many people
  do they have today?
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> I don't know. <span class=GramE>At Twitter?</span> You
  think it's smaller than it was?
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Oh no.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Harry:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> I work in the same building as Twitter and the
  building is just vast numbers of Twitter people. There were 30 people for an
  amazingly long time.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> So I don't feel like Dick did anything wrong. In fact,
  to me, he was of all the CEOs the one who was most interactive with its users, <span
class=GramE>its</span> most forthright. He was the guy who wrote the memo that
  said, “We screwed up. We're going to do better,” when harassment became a
  problem thanks to Robin Williams' daughter who was basically chased from
  Twitter. He said, “That's our fault and we're going to fix it.” I admired him
  for that. Wall Street's problem is that Twitter's not growing as fast as it
  used to.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Harry:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> They want it to be Facebook.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Dylan:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> And it's not making money. It's losing money. I mean,
  that's the real issue. Twitter's actually growing pretty quickly and it's doing
  – you know, in terms of shared metrics, it's not bad for being a distant number
  two to Facebook. But in terms of revenue, I mean, the question is, like, they
  could be doing – they could be making so much more money. They could be doing
  such a better job of engaging people and keeping them sticking around. I think
  Wall Street is just like, you know, “We've had too many lackluster quarters and
  we've had enough.”
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> By the way, here's the Jack Dorsey's beard account, it
  really does exist. But it's funny, because it feels like Twitter has kind of
  cracked the monetization nut. They've got these promoted accounts. They've got
  – I see an ad now every time I look at Twitter on the web. I see – this is a
  New York Times promoted tweet, so that's an ad. Why can't they monetize? They
  seem like they have a very – kind of a great monetization strategy.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Harry:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> They can't monetize as well as they would if you
  measured their users in billions rather than hundreds of millions.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> I see<span class=GramE>,</span> they're just not big
  enough. Well, even Instagram is bigger, right? Go ahead, Dylan.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Dylan:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Yes, I think that's it. I mean, they're almost
  overdoing it in promoted tweets. I see way too many in my stream. I think the
  issue they have is one with engagement and just getting people to stick around,
  and come back. You know, Chris <span class=SpellE>Sacca</span>, <span
class=GramE>who's one of their big shareholders/investors from</span> early on
  had this gigantic, 10 thousand-word essay this week about all the things
  Twitter could do better. <span class=GramE>It's</span> way too long but his
  point is that they could do much better at engagement and at sort of building
  around events, right? So if you're watching the Warriors play the Calves in the
  NBA finals – like, if you want to actually do that right now, you'd have to
  figure out which hashtags to follow. You have to like – there's a handful of
  them, there's some key accounts you have to follow. You have to set it all up
  and kind of be a power user to actually make use of what's going on <span
class=SpellE>on</span> Twitter around a sporting event, right?
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'>So they could way easily put together these channels
  where people could just be like, “Hey, the playoffs are on tonight. Let me
  follow this channel on Twitter while I'm watching the game and it'll enrich the
  experience.” They just haven't done a lot of that kind of thing to bring people
  in and get them engaged who are not power users like all of us talking right
  here, right?
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><span
class=GramE><b style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;
mso-bidi-font-size:12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> You know, it's funny.</span></span><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> I was talking today on the radio show about when you
  have a kid, you should do a Google search on the proposed name to make sure you
  get a unique enough name. You should probably create a Gmail account in that
  new name, a website in that new name and then I wondered, “Well, should you get
  that kid's Twitter handle just proactively?” Because will Twitter be around in
  10, 20 years? I don't think so. I don't feel like it will, will it? Facebook
  will. Google will.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Jason:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> I don't know about that. Google will.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Will Twitter?
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'>[<span class=GramE>crosstalk</span>]
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> By Google.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Harry:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> By Google, which doesn't mean they'll shut it down,
  but -
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> It seems like that would be a bad thing. If you're a
  fan of Twitter -
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Harry:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> But it's a sign that people don't see Twitter as
  something that's going to just grow and grow, and thrive and thrive
  indefinitely.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Patrick:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Well, <span class=GramE>there's</span> a lot of things
  I love about Twitter. It's a great way to interact with the audience. It's an
  interesting way to interact with friends. It has never generated click-<span
class=SpellE>throughs</span> in any significant way.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> That's true, when you put a link or show up on
  Twitter, no value. <span class=GramE>Interesting.</span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Patrick:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> No.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Is that because of a lack of engagement?
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Patrick:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> It's partially once you start following a bunch of
  people, things start flying by so fast and also, a lot of Twitter is when you
  build a 140 cap into everything, you know, you tend to have the world's
  shortest attention span. Why would you click the link to get the article if
  somebody's done an incredibly clever, 140-character spiel that encapsulates the
  rest of a 3000-word screed? It's a peculiar environment to try to make – you
  know, to use as a promotional tool or a tool to drive use.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> That's a structural problem, though. What are you
  going to do that can fix that? I mean, you're kind of tied to 140 characters.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Patrick:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Which brings us back to, you know, the idea of them
  being bought and integrated into something else but hopefully not becoming the
  next Orkut.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Or the next Google+.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Dylan:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> They kind of feel like plumbing, to me. To me, Twitter
  is like sort of not sexy but very essential. It's sort of like, almost the
  plumbing of the social era of the internet and in that way, I think it may be
  around for a long time if – you know, if Twitter plays it right, either by
  itself or by part of another company.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> That's what we used to say. When they first started,
  it was the internet's dial tone almost. It was the carrier that carried the
  conversations on the internet and I have to say, I still to this day – if
  somebody dies, if there's a story breaking, I go to Twitter, weirdly enough.
  Maybe that's just because it's a habit, but I go right to Twitter. That's where
  the conversation -
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Dylan:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> That's good for breaking news, outstanding for that.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Now, you don't stay there, you don't – you know. But
  if you want to know what's going on, when Ferguson was hot, Twitter was where
  you would find out about it, probably better than CNN. In fact, for a long
  time, CNN would just report Twitter until they got anything better, till AP had
  it.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'>Well, that would be sad. I don't know why I so closely
  associate you with Twitter, Merlin, but I do.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Well, I was a – well, I originally was a very early
  adopter. I was one of the very, very first users and then I demanded they take
  me – back then, it was just texts and SMS. I was getting SMSs at five in the
  morning about somebody's great run and I was like, “Ah! Get me out of this!”
  Back then, it was just torture. But no, I've enjoyed it a lot. I've met a lot
  of really good friends through it. I don't have anything really to offer here
  except the most obvious kinds of observations, which is, you know, what makes
  Twitter great is all the stuff that you can easily corrupt by trying to – I
  don't want to say by trying to make money with it, but there's so many things
  where even just the teeniest bit of corruption about the simplicity of Twitter
  totally screws up huge aspects of why people like it.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'>I mean, I think the thing that has made Twitter,
  Twitter, are just – the fact, the rules are simple. <span class=GramE>Right?</span> You get 140 characters and of course, that's changed now. There's cards and
  different stuff in and out of band that add more flexibility but the rules are
  still pretty simple. You follow who you want, they follow you if they want, <span
class=GramE>there's</span> 140 characters and you get to decide how much you
  want to be involved in any aspect of it. Like, why is Twitter different from
  email? Because you don't really have to read Twitter in the same way you have
  to read email and like you say, for us, <span class=GramE>it's</span> like –
  you know, if we have the slightest inkling of whether there might be an
  earthquake, that'll be on <span class=SpellE>SFGate</span> in two hours after
  some celebrity bikini story. But if I want to find out if there's an
  earthquake, I'll go straight to Twitter.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'>I guess all I'm saying is, you know, over time, I think
  they've actually done a pretty good job of not screwing that up in the thousand
  ways they could have screwed it up. That makes it sound like I'm damning them
  with faint praise. I'm really happy. The reason I'm still there – the reason my
  friends are still there is it has not been corrupted in a super weird way. But
  you know, like you say, when you get these kind of weird mystery meet things
  like, you know, “Did I really follow that person? Why is this here? What does
  this mean?” I don't know what the answer is. I have to say, as I sit here, I
  don't understand why Google hasn't bought them three times over. It just seems
  like the most obvious fit in the world. So many of the folks at Twitter are
  Google alumni and I guess I'm just blown away that hasn't happened yet. I'm
  surprised they made it this long, you know?
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Why would Google want them?
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Patrick:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> It's the – remember the thing about the glue and the
  conversation, holding it together?
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Yes, but what is Google's business? Google's business
  is organizing <span class=GramE>all the</span> world's data, that's one of the
  things they say. They did try to do a social network to get more social signals
  with Google+. That was a flop.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Harry:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> And Google Buzz.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Patrick:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Orkut.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Harry:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Google Wave and many other things.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> So maybe Twitter would add – I mean, they're starting
  to include Twitter results in the Google search, right?
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Harry:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> I mean, Twitter is, by definition, real time, and I
  think Google is interested in real time and thinks of itself as not having aced
  real time yet. That might be appealing to them.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Okay, well, we've decided. <span class=GramE>Google,
  but them.</span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Patrick:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Done.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Done, that was easy.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Next issue!
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Do you still post funny stuff on Twitter, Merlin? @<span
class=SpellE>hotdogsladies</span> was the -
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> I guess that's up to other people to decide.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> No, wait. @<span class=SpellE>hotdogsladies</span> is
  a great account to follow, that's Merlin, because it's just so fun and funny. I
  ask because Steve Martin, who was posting for a while really funny stuff on
  Twitter, decided it wasn't worth it.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Yes, ditto for Louis CK. Ditto for a lot of people.
  And you know, it can be – boy, if something happens on the wrong day and you
  get on some of these sights, it can be really weird. The internet creates a lot
  of distance between us in a way that on the one hand, it can seem so intimate
  and in the next minute, it seems so distant and hostile. But that's exactly,
  again, the reason why I like it. Nobody has to use Twitter the same way. No two
  people have to use it that way and for folks like me, it really – the
  constraints of Twitter are what made it interesting, like app.net should have
  been a giant hit but I don't want to see something with that many characters. I
  like this, you know?
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'>And if you want to follow people who are doing like,
  “My commentary, part 7 of 85,” it's like, I don't follow that. But if you want
  to, that works great for some people.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Mark Andreessen is like that. I mean, he'll number his
  tweets so you can read them in sequential order.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> That's – I can't believe that guy was a <span
class=GramE>programmer, that</span> just doesn't even make any sense. <span
class=GramE>God, what an odd person.</span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> It's so strange.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Anyway, you know, that's the beauty part. So I don't
  know. I hope it sticks around. I hope it stays good. You know, I hope that
  people can continue making apps for it because I know nobody cares about this
  tiny percentage of nerds who have been using it for a long time but me and all
  my friends are really – we talk a lot about things like being able to keep
  using a third-party app like <span class=SpellE>Twitterific</span>, Tweet
  Fodder or whatever. Twitter app has gotten a lot better and I do use it a lot.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> I find myself using the website more than I would have
  expected, not on mobile obviously but -
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> It works well, the quoting thing works. So I don't
  know. It's been so fun for so long, it's one of those things where it's almost
  like a DBS where I feel like I've met our user group, something like I met so
  many people through these kind of things and in a way, it felt very pure in a
  lot of ways. Yes, sure, you're seeing this certain performance version of a
  person but that's how I got to know the guys in You Look Nice Today. That's how
  I've met so many people who have become my really good friends.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> By the way, to answer my own question, you still post
  very funny stuff on Twitter. I'm just reading through your feed and you're just
  great.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> I can nominate many much funnier people to follow, but
  it is – I stand by the fact that we're all just holding our breath for the day
  that something comes along that makes it just not fun to use any more and I
  haven't gotten that yet.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> No, I haven't either actually.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Also, I've been fortunate, you know? I'm glad to see
  them beefing up stuff. You mentioned in the show maybe – you talked about the
  block list stuff. It's a shame that we have to do that with such a blunt
  instrument but for some folks out there, it's real important.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Yes, we've had our share of trolling. You know, it's
  still – I haven't left. It's still worth it. But what I would like to do is
  just follow the people you follow.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> So it's like the opposite, that's good.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> So I get your experience. I want your experience of
  Twitter because that's really it -
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> I'll come up with a list, five good names to follow by
  the end of the show.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Are you at Outside Lands right now?
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Yes, right there.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> We're going to take a break. When we come back, I do –
  actually, speaking of that, I wouldn't mind talking about the horror that <span
class=SpellE>Reddit</span> has gone through in the last few days and wondering
  if maybe it's the end for <span class=SpellE>Reddit</span> thanks to the lovely
  folks of the internet. <span class=GramE>There's lots</span> more to talk
  about. We've got a <span class=SpellE>jampacked</span> show and a great team to
  do it. Here from – Dylan <span class=SpellE>Tweeney</span> is here from <span
class=SpellE>Venturebeat</span>, good to have him, editor-at-large from Tech
  Thing, my buddy, my <span class=SpellE>ol</span>' pal. <span class=GramE>Mr.
  Patrick Norton and of course, the <span class=SpellE>technologizer</span> <span
class=SpellE>Herry</span> McCracken and Merlin Mann.</span> See, if you were a
  basketball player, I could do that when you come out. <span class=GramE>“And <span
class=SpellE>Merrrrrrlin</span> Mann!”</span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> I'll do that, I'll start playing basketball.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Yes, why don't you pick that up?
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Here's a question, when do you guys do your bathroom
  break?
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Now, everybody.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Am I the only one who takes a bathroom break on
  podcasts? I feel like Clinton Howard here, I'm surrounded by bottles.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Do you actually formalize that? Do you have to
  formalize on the shows that you do that are like, “Okay, after an hour, we have
  to do a bathroom break?”
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> You know, every relationship is different, in a
  different comfort level. You get a man diaper?
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Now would be a good time, get your astronaut diapers
  out. It's time for a break and you too, in the studio audience, I won't take
  offense.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'>Our show today brought to you by lynda.com. We love
  lynda.com, it's for problem solvers, for the curious people – look, I think the
  human brain, the human animal is really designed to learn and what better place
  than lynda.com? <span class=GramE>3000 incredible, on-demand video courses.</span> Yesterday, we had Burt Monroy on the show and he did the thing that he does
  every week on lynda.com, he explains amazing Photoshop tips and tricks, and
  unlike watching it on the new Screen Savers, you could pause Burt, read the
  transcripts, search it, get work stuff, little work – see, he's doing – I love
  what he does. I am – if you're interested in photography, lynda.com just added
  another new weekly series, the DIY Photographer. That's Joseph <span
class=SpellE>Linaschke</span>, he's really good.<span
style='mso-spacerun:yes'>  </span>He talks about how to make your own macro
  lens for a few bucks.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'>There are courses on exploring photography, exposure and
  dynamic range, <span class=SpellE>Lightroom</span> 6, <span class=SpellE>Lightroom</span> CC Essential Training up and running with Google Photos and the best Photoshop
  training in the world because Lynda gets the people who really do this for a
  living and the best teachers. They give you transcriptions and you know what's
  great? You subscribe to this and you've got the run of the site, everything on
  the site for a low monthly fee. It's really a great deal, watch and learn from
  the best, stream thousands of courses on demand, learn on your own schedule, at
  your own pace. Classes are structured so you can watch them any way you want,
  from start to finish or a bit at a time. Take notes as you go and refer to them
  later on the site. Download tutorials and watch them on the go on your iOS or
  Android device, take them on the plane with you. Create playlists. It's just
  great, whether it's for work or for fun. You've got to have a Lynda
  subscription.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'>Actually, we certainly do for our employees. I want you
  to visit <span class=SpellE>lynda</span>/com/twit2, ten days free, plenty of
  time to really take a look at all of this. Ten days free, lynda.com/twit2.
  We're big fans and I know you will be too. <span class=GramE>Lynda.com.</span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'>So as everybody trickles back – that's probably not the
  right word to use.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Language! Wording! Phrasing!
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Phrasing! I feel really bad for Ellen <span
class=SpellE>Pao</span> in so many ways. She is just – so now, she's run into a
  buzz saw. <span class=SpellE>Reddit</span>, which has been on the one hand kind
  of famous for free speech and yet there are <span class=SpellE>Reddits</span>, <span
class=SpellE>subReddits</span> there that are just horrific. They decided to
  kill three of the worst, some fat-shaming sites and then the trolls basically
  clobbered <span class=SpellE>Reddit</span> for doing it, putting trolling
  content all over it. I suppose they'll get tired and move on. I don't know why
  they're so upset. If you have a <span class=SpellE>subReddit</span> about
  making fun of people who are fat – speaking as a fat person, that's hurtful.
  That's shameful. Should it be censored? Did <span class=SpellE>Reddit</span> go
  too far?
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'>I'm sorry, Patrick. I shouldn't – come on, Patrick, how
  do you feel about Gamergate while we're at it?
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Patrick:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> No, no. It's – my problem is my belief in the Bill of
  Rights and the First Amendment often runs face to face into my issue with
  people being delete expletives. This is a family podcast still, you can't use -
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> This is <span class=SpellE>Reddit</span> still. It's
  not the government censorship. The Bill of Rights, in our chat room, if I want
  to kick somebody out for what they say, I can do it. It's not against the Bill
  of Rights.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Patrick:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> No, no. Free speech says you can be a scumbag as loud
  as you want, you're just -
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> The government can't do anything about it.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Patrick:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> But I don't have to listen to you and you don't have
  to be on my forums. You know, it's funny because I've always thought of <span
class=SpellE>Reddit</span> as having one of the nicer online audiences, right?
  It's as if -
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> I love <span class=SpellE>Reddit</span>. Is it
  becoming 4Chan?
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Patrick:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> I don't think it's becoming 4Chan but I think a small
  group of people can do a lot of damage if they have a lot of time and anger.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Dylan:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> So you know, these guys who ran this fat-shaming site,
  they all ran over to some other site that they think is better than <span
class=SpellE>Reddit</span> because they promised not to censor anybody for
  anything at any time and they immediately crashed its servers because it wasn't
  ready for the demand.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> They were too fat.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Dylan:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Then they started like – right? “We've got to raise
  some money for this site,” whatever it's called and they're starting to like,
  “Come on, send us some Bitcoin.” They're all running around going, “Wait, how <span
class=GramE>does Bitcoin work</span> again? How do I get a wallet?”
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> That would be the ideal solution, though. If <span
class=SpellE>Reddit</span> doesn't want them around, go somewhere else. The
  internet is a big, fat place and you can go anywhere -
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> “Phrasing!”
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Dylan:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Well, it turns out it's actually maybe not so easy to
  run a site like <span class=SpellE>Reddit</span> and not have the servers crash
  with all the volume. You know, the <span class=SpellE>upvoting</span> works
  smoothly and having it be there when you want it, so it turns out there is sort
  of a trade there. There's an exchange, like, “You come to our site and we're
  going to set up some very minimal but pretty permissive rules and in exchange,
  you get to use the site. It won't crash and there's not too much advertising.
  It'll be awesome.” Then these people are like, “No! I want to say whatever I
  want.”
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> They're babies.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Dylan:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> “If you don't like that, we're going to say screw you
  and leave.” Fine, you can leave.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> One thing that makes this challenging in any growing
  community is, you know<span class=GramE>,</span> if you ask anybody about what
  they believe in, everybody's going to say something that sounds really good.
  You're going to say, “Yes, I believe in free speech,” because we do. I think
  the part of the question becomes – I mean, I'll speak for myself. There was a
  time, for example, where I decided on a pretty popular site of mine back in the
  day that I just wasn't going to – I couldn't do the comment thing anymore.
  People were actually, by and large, fantastic, really great and some of the
  best commenters in the world came to 43 Folders. It was a great community, we
  had a forum, but I kind of got to a point where I think a lot of people get to,
  which is you get kind of damned by your own success in some ways where once a
  place gets big enough, there's going to be a whole bunch of different people
  there. You've got whole different scale issues.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'>Go talk to Matt Howie, talk to anybody who's tried to
  run a big site and you have fundamentally different problems when you add a
  couple zeroes to the number of people that are out there. Here's, I think, one
  problem that's the heart of this. This does not solve the problem but I think
  it helps to identify the problem. If you've got a site that you and three of
  your friends write for – let's say you share a Tumblr. There's this sense of
  what I'm going to call the living room effect where you go, “This is our place.
  This is our living room and we don't drop a <span class=SpellE>dooce</span> on
  the couch, we treat this as a place we're going to have <span class=GramE>respect</span> for.” You're welcome.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Best take on the tragedy of commons ever.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> You don't even have to put up signs saying, “Please
  don't pinch a loaf on the couch.” We don't even need a sign for that, we just
  know. The problem is, when you get to a place that has 10 to 20 thousand or
  however many thousand people, everybody still feels like it's their living
  room. So on the one hand, there's one group of people who say, “Hey, can we try
  to use a coaster here and take care of this?” Other people are saying, “You
  can't tell me what to do in my own house.” If you listen to what's behind what
  a lot of those folks are saying – whether I personally agree with them or not,
  it's the same sentiment we've heard from a lot of people. We heard of this with
  Digg however many years ago. “Hey, we're the ones who made this site and so
  being provocative about telling us what we can do here is beyond the pale,”
  from their point of view, “Because now it's our living room. It's your living
  room – you can't just call this your place by fiat, we're the ones who built
  it. You would not have anybody to throw off of here if it weren't for us.” So
  like I say, I don't think that solves the problem but I think it helps frame
  the question.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'>Whenever we try to understand how somebody feels about
  these things, it helps to remember that everybody thinks someplace is their
  living room.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Harry:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> And <span class=SpellE>Reddit</span>, more than most
  places, was defined by having virtually no censorship although little by
  little, over the years, they've ratcheted it up a little bit. You know, a few
  years ago, they allowed stuff on <span class=SpellE>Reddit</span> that was way
  worse than fat shaming. They got rid of that and now they're doing this.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Dylan:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Well you know, Harry actually, I think there's
  censorship rampant on Twitter. I just think it's the moderators of the <span
class=SpellE>subReddits</span> that are -
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> On <span class=SpellE>Reddit</span>, yes.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Dylan:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Yes.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Harry:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> And the fact that – I mean, <span class=SpellE>Reddit</span> is almost like a confederation more than one place that the <span class=SpellE>subReddits</span> are run by different people with different rules and they – the stuff they run,
  they feel is theirs rather than part of this large company controlled by <span
class=SpellE>Konde</span> Nast.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> It's kind of a challenge, though, for them, because it
  is <span class=SpellE>Konde</span> Nast. I mean, they've spun – they've
  distanced it enough so they can say, “Well, it's not exactly us.” What do you
  do if you're <span class=SpellE>Reddit</span>? I mean, you don't – maybe it was
  a mistake to censor. Maybe you just block illegal stuff because then it's not
  you making the rules, you just say, “Hey, it's illegal. We can't do that.”
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Harry:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Well, if you're harassing individuals, that's going to
  show. Harassing groups of people is a little bit different. Stuff that's
  illegal or borderline illegal is different from stuff which is merely
  offensive. So I am curious, like three or four years from now, where will the
  bar be? Will the bar go higher and higher to a point where anything that is
  created by jackasses or which reasonable people might think is unpleasant is no
  longer allowed?
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'>I do feel like, when all the sudden, done <span
class=GramE>is</span> the internet, so if you're on <span class=SpellE>Reddit</span> and you're unhappy with <span class=SpellE>reddit</span>, fine. You can go and
  create your own site, find somewhere else. It's not censorship. There should
  never be a time when people who want to be jackasses can't create their own
  place to be jackasses, but build your own damn site.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> We need to cheer up a little bit here. Let me show
  some videos of robots failing. You – it just makes me happy to see the robots
  not doing so well.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> This is how they lull us into a false sense of
  security.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Somebody said, “If you keep laughing at robots, you're
  going to regret it in a few years.”
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> They're like crows, they remember all.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Dylan:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> That's right. Everybody who watched those videos on
  YouTube, the record of you watching that video is going to be stored on Google
  somewhere and they will know when Skynet comes. They're coming for us.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> I did admire – first, let's show the – this is from
  the DARPA challenge. They were trying to get humanoid-like robots to do things
  like diffuse nuclear power plants, so it was based on the tsunami and
  earthquake that destroyed <span class=SpellE>Fukishima</span>. But some of
  these robots just – it's hard if you're a robot to -
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'>[<span class=GramE>video</span> plays]
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><span
class=GramE><span style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:
115%;font-family:"Calibri","sans-serif"'>To</span></span><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> really – aw. That's my favorite. What's great is<span
class=GramE>,</span> the audience is cheering the robot on, so you've got to
  kind of admire them. The winning – the challenge was a course of eight
  challenges – these are autonomous robots. They're not remote-controlled robots,
  they're autonomous. I think six of the eight, they knew about it ahead of time.
  Two were just random, you didn't know. They had to drive a car, open a door, <span
class=GramE>turn</span> a valve, the kinds of things a robot would need to do
  to diffuse the nuclear power plant at <span class=SpellE>Fukishima</span>. But
  the South Korean robot won a $2 million prize. Are you sad? Is it sad for you?
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Patrick:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> No, I think it's depressing, very sad. But it was so
  funny.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Dylan:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> What's weird is the falling over backwards in front of
  a doorway seems to be a really common problem with those robots. What is it
  about doorways?
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Patrick:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> I was at the first DARPA challenge, the vehicular one
  and it was hysterical because I joked, “I'm going to get run over,” and
  literally 30 seconds after I said that, a car comes out of the gate, makes a
  hard right turn and bangs into the jersey barrier literally four feet from
  where I was standing as I'm backing up, taking a shot because television. But
  it was – the next year, they finished.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Now we're talking about never having to drive again,
  only 11 years later. It's amazing.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Patrick:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> It's like, yes, they look ridiculous, but it's – you
  know. You get a bunch of robot developers pissed off, they do really good work
  to catch up and develop as quickly as possible.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> So the robot from MIT did not win because of a minor,
  kind of user error. So one of the things – here, let's show this. One of the
  things the robot had to do was drive a car and when they programmed it – they
  knew this ahead of time. They forgot to tell the robot to turn off the car
  before it got out. The robot stumbled a little bit – well, you'll see. But this
  is the robot made by Boston Dynamics, the Google <span class=GramE>company</span> that makes the crazy dogs that run around. <span class=GramE>6'4'', 400 pounds.</span> Go <span class=GramE>ahead,</span> you can play the audio track on this.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'>[<span class=GramE>video</span> plays]
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'>This is autonomous! You can hear the crowd, though, go,
  “Oh!” But watch!
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'>[<span class=GramE>video</span> continues]
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'>It continued on and <span class=GramE>watch</span> its
  wrist, it's broken. It's like a great athlete getting injured and then
  completing the field.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Dylan:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> There's something really touching about the way that
  robot's legs shake as it's getting out of the car, like, “Oh!” <span
class=GramE>I don't know, I feel for it.</span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Maybe because they look like humans, even though it's
  a 6'4'', 400-pound human, you do. You feel some sympathy for it and the crowd
  is cheering.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Was that a <span class=GramE>rule, that</span> it has
  to be bipedal?
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> It doesn't have to be but most of them were because it
  has to go places a human could go. So there were a couple that were more
  platform like but ultimately, it has to really be human-shaped to get -
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> It's such a high center of gravity, though.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> It's a terribly design for a robot, absolutely.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Dylan:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> The winning one kind of rolls around on its knees, so
  it's a nice low rolling platform most of the time but then when it needs to, it
  can kind of stand up on two legs and walk, which I thought was pretty clever.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> That's a good solution, because you've got to go
  through doors, open doorknobs and do things that a human in a human situation
  could do.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Patrick:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> I have a nightmare of stairs.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> The point you make, though, is excellent because 11
  years ago, the car went straight for you but now, 11 years later, we're
  expected – we're saying, “It's safer for a robot to drive than a human to
  drive.” 11 years from now, I don't know what these robots will be doing but I'm
  sure I'm going to get punished for laughing.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Patrick:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> I was going to say, “Burying us.”
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Speaking of happy stories, the comet lander has woken
  up. Is it Philae? It seems like that's not a really good – you remember that it
  had a little bit of a problem. It bounced when it landed on the <span
class=GramE>comet,</span> we had sent it to explore the comet. It bounced when
  it landed on the comet and instead of landing in sunlight where it could charge
  up its solar batteries, it landed in the shade. But the good news is, Philae is
  back in contact because the comet has moved, the sun has moved and all of the
  sudden, it woke up and sent a bunch of data back. It's alive!
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'>In fact, now they're thinking this might have been
  serendipitous because we'll be able to get closer to the sun than we would have
  if it had been in the bright sunlight. We might get some very interesting
  observations so again, technology, mind boggling. Seven months after silence
  from Philae -
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Patrick:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> The Twitter feed is pretty awesome.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> He talks, yes, or she. “Hello, Earth. Can you hear
  me?” That's her first tweet.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Robots are the new <span class=GramE>dogs,</span> they've made us care again.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> We love them.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Patrick:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> So the AIBO was just ahead of its time?
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Yes, I feel very positive about our future now.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Dylan:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> I have to say, the photos of that thing landing on the
  comet when it landed what, six or seven months ago? My mind was blown. It's <span
class=GramE>like,</span> we're landing on a <span class=SpellE>fricking</span> comet, people! It was amazing.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> I got chills. I was – when did they – John is our
  resident space expert. How long before it landed after they launched? It was a
  very complicated thing and there it is on a comet. <span class=GramE>Just
  amazing.</span> It's alive! “Hello, Earth. Can you hear me?”
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Dylan:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Over a decade, I think.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Over ten years, they launched it and then ten years
  later, they got the – it's incredible.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Dylan:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> It's amazing. There wasn't even Twitter when it was
  launched.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> How did they live? But fortunately, before Philae
  left, she left instructions to create a Twitter account.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> (in robotic voice) “How are things with my <span
class=SpellE>MySpace</span> account?”
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Oh, Philae, we have so much to talk about.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Are you sitting down, Philae?
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> I've got some bad news for you.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'>Let's take a break and have more great conversation
  with a great panel. <span class=GramE>Merlin Mann, Harry McCracken, Patrick
  Norton, Dylan <span class=SpellE>Tweney</span> and you, my friends.</span> <span
class=GramE>You fabulous audience.</span> Our show today brought to you by
  Braintree Payments. We love Braintree and you know what? Most users do and you
  may not know it, but you've used it. Braintree is the payments API used by
  Uber, <span class=SpellE>AirBNB</span>, <span class=GramE>Hotel</span> Today,
  LivingSocial and <span class=SpellE>Github</span>. In just ten lines of code,
  you can add Braintree to your mobile app and take payments from everywhere,
  credit cards, <span class=SpellE>Paypal</span>, <span class=SpellE>Venmo</span>,
  even Bitcoin, even Apple Pay – everybody wants Apple Pay, right?
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'>One of the – this is so important. The experience is
  kind of – I guess they call it the one-touch experience of Uber, for instance,
  when you arrive, you get out of the car and Braintree just handles it. That's
  made Uber successful and it could make your app just as successful. By the way,
  secure. The last thing you want to do is write the security code, you've got
  other things to do. Your customers will love it, they already know how to use
  it and it's a full-stacked payment solution for all payment types. Superior
  fraud protection, customer service, fast payouts – let Braintree do the heavy
  lifting and you just reap the reward. In fact, the first $50 thousand in
  transactions are fee free when you go to braintreepayments.com/twit. They have
  a sandbox so you can check out the <span class=SpellE>v.o</span> SDK. <span
class=GramE>Braintreepayments.com/twit.</span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'>Just like <span class=SpellE>Github</span>, they'll
  scale with you from your first dollar to your billionth,
  braintreepayments.com/twit.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'>YouTube is building a Twitch. Remember, when Twitch was
  on the market, everybody thought YouTube was going to get it.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Harry:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> I wrote a post explaining why that would be such a
  smart idea.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Brilliant. And who got it? <span class=GramE>Amazon.</span> I don't know why Amazon wanted it but they obviously bid the right price and
  the guys at justin.tv are very happy. But remember, that doesn't mean YouTube
  can't build <span class=GramE>their own</span> and in fact, they say this
  summer, they're going to launch a YouTube built for gamers, YouTube Gaming. <span
class=GramE>An app and dedicated website for all of those Let's Play videos.</span> Do your kids watch Let's Play videos yet?
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Patrick:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> No, my kid's – well, they have some access to games on
  the iPhone or iPad, but we don't really do consoles in my family, at least not
  yet.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> I get calls every week on the radio show from
  12-year-olds invariably, what they want to know is, “Well, I play Minecraft and
  I would like to know how to make a video that I can put a video on YouTube
  about Minecraft.” It's like being – my generation, we all wanted to be Air
  Jordan. They all want to be <span class=SpellE>PewdiePie</span>, of all people.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> It just takes over. It's taken over everything. There
  was life before Minecraft and now there's Minecraft. <span class=GramE>All my</span> daughter does is make glass houses and bacon all day.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> No, does she do Minecraft?
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Oh, she's just playing in creative mode but man, is it
  ever cool to find.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> How old is she now?
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Seven and a half.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Oh my God, I can't believe it.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> But it's fun, like I get it. When she has a friend
  come over and they play both on iPads, it's really fun. But it's – you know,
  this is one of those things where I feel like I missed like two decades because
  the last video game thing I was into was the Atari 2600 in the 1920s, like Moon
  Patrol. That was my last one and then I've been like, “Oh, you kids and your
  crazy – your video games, it's never going to amount to anything.” Now, it's
  life. Everything is video games now and I realize<span class=GramE>,</span> it's the first thing apart from my physical condition where I actually do feel
  like an old man.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'>(<span class=GramE>video</span> of Moon Patrol plays)
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> When we were kids, hyperspace sounded like this –
  (blows into microphone) – and we were happy.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> That tune, man. That tune has been in my head since
  1983.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Now you can play that on <span class=GramE>your</span> – I don't know, what's the dumbest computer you got?
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Harry:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> What a great game.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Raspberry Pi, you could probably – really, you
  remember this too, huh?
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Harry:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> I haven't played it like 25 years but I want to right
  now.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> We've got one in the basement.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Harry:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> The arcade version is the one that resonates with me,
  not the 2600 because we never had a 2600.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> That's very primitive, too.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> You can still play <span class=SpellE>Yars</span>'
  Revenge. <span class=SpellE>Yars</span>' Revenge is still a lot of fun.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Minecraft, in a way, if you think about it, is a tip
  of the hat to that <span class=GramE>era<span style='mso-spacerun:yes'>  </span>because</span> of the 8-bit effect. When I first saw Minecraft, I said,
  “Who would want to play this?” It's not about the visuals.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Patrick:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> It's the ultimate take – it's like, I love it because
  my son just discovered it but part of me is like, this is Legos from hell and
  I'm going to lose him.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> It's Legos, it is. Yes.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Creative mode for like a little kid is incredible – it
  is super creative. I'll look over and like a few minutes later, she's built
  this palace, she's got pigs in pens. She's shooting things with fire and making
  bacon. I don't know how she picked this up, but it's insanely creative.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> We have – you know, Lisa's son is 12 and of course,
  he's into Minecraft too. He knows about rubies, diamonds and I said, “What do
  you know about rubies?” He says, “Well, if you combine -” This is what kids
  know of the world now. Did you read, though, the very sad article – where did I
  read that? <span class=GramE>About when the <span class=SpellE>Mojang</span> employees found out about the sale to Microsoft?</span> Maybe you wrote it.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Harry:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> I didn't write it but I read it and it resonated with
  me because a couple years ago, I did a big story on Minecraft where I went to
  Stockholm and hung out at <span class=SpellE>Mojang</span>, saw all those
  people working at their little desks.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> What are they, IKEA desks?
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Harry:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> It's a really nice office.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> But they were told – they were always were told that,
  “We don't want to be big. You're not paid well, but you're part of a team.”
  Meanwhile, you know, Marcus Pearson, Notch, and a couple of other people are
  raking in the dough. Notch kept most – there it is, it's <span class=GramE>Wired</span> of course. “The unlikely story of Microsoft's surprise Minecraft buyout,” and
  they're quoting in particular one of the <span class=SpellE>Mojang</span> employees who was told but told not to tell anybody and what a difficult thing
  that was for him, and how sad everybody really was. Of course, management just
  took off with $2-3 billion, just went off and that was that.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Harry:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> I wish I had figured out that Minecraft was a likely
  acquisition target because when I went there, I talked to Notch and he really
  talked about how sick he was of the whole thing, how he had no interest in it
  whatsoever and if you're sick of it, then sure. You have no problem selling it.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> And he, of course, bought – outbid Jay Z and <span
class=SpellE>Beyonce</span> for that $70 million house in Los Angeles that has
  its own candy room. So that's really – that's success.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Leo, is it for making candy, for storing candy?
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> No, no, just eating candy.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> I thought having like a present-wrapping room was big,
  but a candy eating room.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> I don't think Notch should eat much more candy but he
  does apparently. Let me see if I can find pictures, it was a $70 million
  mansion. The candy room itself, $200 thousand and there's the kind of decent
  image of the candy room. It's not really a <span class=GramE>room,</span> it's
  more like a candy foyer, really, or candy vestibule.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Oh sure, that's more reasonable.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Harry:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Who put that in there?
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> The house was a spec house, so it was built by a
  developer and furnished in some of the oddest ways you've ever seen.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Patrick:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Well, it was also like the developer got all these
  different designers in places in LA to build rooms, so it is – there's like
  disjointed from hell. You turn a corner and it's just -
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> It's just weird. But Notch likes it. I wonder if Notch
  has remodeled or if he – I bet you he kept the candy room or candy vestibule.
  Do you think, though, that he kept this bedspread?
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Patrick:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Oh, yes.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Just weird. There's a giant hand grenade in the living
  room, did you see that? <span class=GramE>Some very odd stuff.</span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Harry:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> The conference room in <span class=SpellE>Mojang</span> in Stockholm where I interviewed Notch basically had a <span class=SpellE>Goldfinger</span> theme. Everything in the entire room is done in gold and they wanted to be as
  garish as possible so it would look like the conference room of a James Bond
  villain.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Dylan:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Didn't they have oil paintings commissioned of all
  their employees?
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Harry:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> That was fantastic, yes. They went to this Chinese oil
  painting mill and there are all these unbelievably garish paintings of
  everybody, some of them like in hunting garb and Elizabethan attire.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> I want to do that.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Dylan:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> So Notch got the billion dollars, but the employees at
  least get a nice oil painting.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Each of them got to take home their oil painting, yes.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Patrick:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> That was the big thing in the Wired article is they
  talked about how, “Well, we don't pay much but you get to go to game developers
  conferences. We don't pay you much but Notch decided to take everybody to
  wherever he took them for a <span class=SpellE><span class=GramE>weeks</span> vacation</span>.” I mean, it was – nobody had any equity. Nobody had any much
  of a salary, I guess.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Oh well. I noticed, though, that Notch now can sit in
  a chair much like my own, so there's something to be said for that. Those are
  restoration hardware <span class=GramE>lamps,</span> I recognize those and the
  chairs. Maybe our set designer did one of the rooms in that mansion.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Patrick:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> I had no idea there were so many places to go to buy
  Chinese-manufactured custom artwork.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> I want to get that.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Patrick:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> $79, portrait-painting.com.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Wow. I would like to get that for our employees.
  Here's the giant blue hand grenade at the end of the bar, there.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Patrick:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> I like it.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Yes.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Might be less costly to just bring in somebody from
  the boardwalk who like, draws them in silhouette kicking a soccer ball or
  something.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> That's a good idea.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> They'd enjoy that, Leo. Do you like soccer? “No.”
  Well, I'm going to have you kicking a soccer ball.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> They're only like $5 each, right?
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> I bet it's like domain name registration, about 50 of
  those and the price goes down to like $3 each. Like <span class=SpellE>rollerskating</span>? <span class=GramE>“No, not really.”</span> I'm going to have you <span
class=SpellE>rollerskating</span>.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> This is nice. You'd want this, I think, in your living
  room.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Patrick:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> That's classy.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> What the hell? Oh, and a book about 007 makes it all
  okay. Wow. I think we're going to take a quick break because we're running out
  of time and I'm sure Merlin has to pee again, so let's do that and we'll come
  back and cover kind of the bread crumbs, the shake, the stuff that falls to the
  bottom of the – Merlin got it! Thank you, Merlin.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> I got it. I'm hip with the kids.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> The popcorn, the little <span class=SpellE>unpopped</span> kernels at the bottom.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> I'm aware of cultural trends, yes.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Look, Bundt cake!
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Our show today -
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> You guys like Herbert Hoover, huh?
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> I don't even get that.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> I'm just making cultural references. <span
class=GramE>Show of hands, anybody like bicycles?</span> <span class=GramE>Back
  to you, Leo.</span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Our show today brought to you by stamps.com. I bet you
  Notch, somewhere in there with the candy room, the carbine rifle, the giant
  blue glass hand grenade, has a stamps.com USB scale and a computer hooked up to
  the stamps.com account because any time he needs to mail candy to anywhere in
  the world, that's -
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Patrick:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> In the mailing room?
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> What good is a house without a mailing room?
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Patrick:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> I don't know. What is a mailing room without
  stamps.com?
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> If you have <span class=GramE>a mailing room in your
  business – if you send – are</span> you an Etsy, Amazon or eBay seller? If you
  sell stuff, please, I keep getting stuff with hand-licked stamps all over the
  front and then they wrap it in brown paper and twine. I look at it each time
  and think, “There's probably a bomb in there,” but I open it anyway. Don't be
  that guy. Start sending stuff via stamps.com. You get nice,
  professional-looking labels with barcodes, your company's logo. It
  automatically gets the return address, the mailing address from the website.
  It'll even automatically fill out international customs forms. It'll handle
  certified mail, return receipt. In fact, if you've got certified mail, it'll
  send an email to the recipient saying, “Here's the code.”
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'>It makes you look like a professional mailing
  enterprise and that's what you want. If you're in business, you want to look
  good, plus it's better than <span class=GramE>a postage</span>. It'll save you
  like 50% from a postage meter because you don't have to buy special inks and
  when the stamp prices go up, you don't have to go in to get it recalibrated, it
  just all happens automatically. All the stuff you want to do to look more
  professional, to save money – you get discounts you can't even get at the post
  office and here's the best part, you don't have to go the post office.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'>A uniformed employee of the federal government will
  come to your place and pick up that package. In fact, there's even a button –
  it's called a mailman. There's even a button on the site that says, “Get the
  mail carrier here to pick up, I've got a package.” It's so cool, stamps.com.
  I've got a great, no-risk trial for you when you click the microphone in the
  upper right-hand corner there and enter the offer code TWIT – look at that
  microphone, “ON THE AIR!” There's a nice guy, Leo <span class=SpellE>Laporte</span>.
  You'll see my shining face and get this $110 bonus offer including the digital
  scale, $55 in free postage you can use over the first few months of your
  account. <span class=GramE>Of course, a free trial, activity kit and more,
  stamps.com.</span> Just do me a favor, click the microphone in the upper
  right-hand corner and use the offer code TWIT.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'>We had a great week. If you missed any of it, take a
  look at the week gone by.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Voiceover:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Previously on <span class=SpellE>TwiT</span>.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'>(From the <span class=SpellE>TwiT</span> live special –
  Apple WWDC Keynote)<b style='mso-bidi-font-weight:normal'>
  <o:p></o:p>
  </b></span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Excuse me, my watch is telling me I need to stand,
  I'll be right back.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Female:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Just wave your arm around, Leo, that's what I do.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Don't shake your watch!
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Voiceover:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> The new Screen Savers.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> My Wi-Fi sucks.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Patrick:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> One of the things I've been playing around with – the
  heat map. This is free software.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> If you can find that FBI surveillance van, I'd be very
  grateful, okay?
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Patrick:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> I'm pretty sure I know which corner of the building it
  is, down in the basement.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> They're in the building?
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Voiceover:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> All <span class=GramE>About</span> Android.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Jason:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Apple still gets its jab in on Android users because
  though there will be a three-month free trial for iOS and web users of Apple
  Music, that will not be the case for Android users.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Voiceover:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Security Now
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Steve Gibson:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> We have to talk about the breach the U.S. Government
  suffered, the 4.1 million records not encrypted. Quote, “Encryption and data
  obfuscating techniques are new capabilities that we're building into our
  database.”
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> We only just discovered! Who knew?
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Voiceover:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> <span class=SpellE>TWiT</span> for justice!
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> You know<span class=GramE>,</span> we didn't cover the
  big break-in on the office of personnel management. We talked about it
  yesterday on the new Screen Savers.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Patrick:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> It's just so depressing, so crazy.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> We're now thinking 14 million records of every federal
  employee, Social Security numbers – I was talking to somebody on the radio show
  who said, “Our union rep -” The problem is the federal government is kind of
  downplaying it, “There's only a million records.” They're denying that security
  clearance forms were leaked or stolen by these hackers but this guy said, “Our
  union rep came to us and said, you get two years of fraud protection and
  everybody, you just assume your Social, your driver’s license, everything.” The
  worst thing is, what if you applied for a federal job, were investigated by the
  FBI, they found out something really horrible – didn't hire you but that
  information is in that database and now the hackers have it? You didn't even
  get the job. <span class=GramE>Just horrific.</span> The President, though,
  good news, is considering financial sanctions against the attackers, so that's
  good news. How he even knows who they are, I don't know. They say it's China.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'>They also mention that the office of personnel
  management did have strong security, something called Einstein. But it didn't
  work! The break-in occurred at the end of last year. The number, like I said,
  has now gone up to 14 million people. The Einstein system failed. According to
  the Wall Street Journal – this is my favorite part. Einstein didn't discover
  the <span class=GramE>breach,</span> it was discovered during a sales
  demonstration by a security company named <span class=SpellE>Psytech</span> Services. “We'd like to show you our new product.”
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Patrick:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> <span class=SpellE>Psytech</span> Services has
  actually since said it was not during a product demonstration. They discovered
  it in April 2015.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> But <span class=SpellE>Psytech</span> <span
class=SpellE>disovered</span> it?
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Patrick:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Yes, and notified cert and the FBI.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> They were told not to say, “Hey, by the way, could you
  not mention this was during a sales presentation?”
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Harry:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> I don't think you ever want to name any technology
  Einstein now. That's just asking for trouble.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Lots of – of course, lots of cover up right now. <span
class=GramE>Everybody's saying, “No, no, no.</span> This isn't true.” But it's
  just a scary thought.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> With every new Snowden-<span class=SpellE>esque</span> revelation, the thing that always goes through my head is first of all, wow,
  that's so sad this is <span class=GramE>happening,</span> that this information
  is being recorded. I know this is different but I mean, with the Snowden
  announcements, every time some piece of new information comes out, I think,
  “Oh, my gosh. I hope the people who are so good at gathering that information
  are really good at securing it,” because you know -
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Apparently they're not.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> You know, you think about the first scene from
  Deadwood when they go and want to hang the guy at the jail, the <span
class=GramE>jail's</span> not that secure! You can still get stuff out of there.
  It's like, if you don't really, really need to be collecting that stuff, my
  gosh. Please do something responsible with it and it's just to have that
  sitting around – I guess what I'm trying to say it, all the stuff it seems like
  they've kind of skimmed from all our information over the last few years,
  that's all just sitting somewhere.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> That's nothing.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> It's so depressing.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Patrick:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> If the federal government can't protect it?
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Here's something that's not going to be hacked. Grand
  Rapids, Michigan, 19 public schools. The heating and cooling system is
  controlled by an Amiga from the '80s. The program was written by a high school
  student at the time and it's still running. They say, when things break, he
  still lives in the area. So we go and we ask him to fix it. It turns on and off
  the boilers, on and off the <span class=GramE>heat,</span> it has been doing
  this without complaint for 35 years.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Harry:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> There's such a lesson there, too, which I guess to run
  everything on <span class=SpellE>Amigas</span> from now on.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> I bet it's secure.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Patrick:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Or they have a stash of <span class=SpellE>Amigas</span>.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> You know why <span class=GramE>it's secure</span>?
  It's on a 1200-bod modem. Does anybody even have a 1200-bod?
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Patrick:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> I think you can buy them on eBay. A friend of mine
  worked for a major financial company in New York City and at one point, he was
  doing data verification stuff and had to work a lot with the engineering team.
  They had this board – he kept seeing this board and finally, he goes, “What is
  this?” He's like, “These are servers that we don't know the physical location of.”
  He's like, “What do you mean?” “We've got all these offices, all these offices
  on X number of continents, like 72 offices in New York City. There's stuff that
  runs and we access it, we just don't know where it is.” So all these servers,
  they're in the process of migrating them to places where they know where the
  box is, you know what I mean? You laugh but you know, things accrued over time,
  you bring systems online, people move, things happen.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> I'm groaning with familiarity. Like, if I ever lose
  this SFT bookmark? I don't know where it is. What, I've got the IP address
  memorized?
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> That's a good point. <span class=GramE>Certainly, not
  the password.</span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> What the password is to get into the password? I
  locked my keys in a succession of cars in various countries. I don't know what
  the hell I would do.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Look at this, this is actually phenomenal. It's an
  Amiga 2000. There's an ad for the Amiga. I think that's the kid who programmed
  it. It's phenomenal. I think this is a great success story.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Patrick:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Home automation, 1980.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Yes, but 19 schools! That's nothing <span class=GramE>trivial,</span> this is a lot of stuff.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Dylan:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> That's fantastic. That's great.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Patrick:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> You could always make an Amiga music video from the –
  [crosstalk]
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Dylan:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> [crosstalk] – good for the Amiga company.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> It does.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Harry:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> I feel like the very last computer on earth may be an
  Amiga.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> It's the cockroach of <span class=GramE>computers,</span> it's never going to die. We actually have an Amiga in the basement.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Dylan:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> I think that company has a great future ahead of it.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> You might have covered this on This Week in Computer
  Hardware – I never remember to plug the show you do with Ryan on our network
  but it's a great show. I watch it and I love it. Did you talk about Asus maybe
  buying HTC?
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Patrick:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> We did not.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> That's an interesting story.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Patrick:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Ryan may have. I was actually – I had family in town
  and couldn't record the show this week. It's such an odd concept, though, Asus
  buying HP.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> HTC, not HP.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Patrick:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Oh, well that would make a big difference.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Well, they're both Taiwanese companies but HTC has
  really struggled as of late. Although last week, we talked a lot about VR and
  the consensus -
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Harry:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Vive was great.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Vive was actually better than Oculus Rift.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Harry:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> It's really good, although Oculus just announced their
  hand controller. Up until Oculus announced that, one of the coolest things
  about Vive was it had the hand controllers.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> I'm actually – I've turned around on VR. I'm kind of
  excited to buy it and I have the feeling we're going to see a lot of
  interesting stuff and not so far off, like maybe late this year.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Harry:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Vive is allegedly going to ship by the end of the
  year, which might give it a little bit of a head start against Oculus.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Oculus is next year.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Harry:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> And Morpheus, Sony's system.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> I don't feel like Sony's really got a dog in the hunt,
  do they?
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Harry:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> That looks pretty good, too. That's the one I have not
  tried myself but Oculus is amazing and Vive is also really impressive.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> I really would love to see a standard – it kind of
  exists now. You know, I have the Gear VR which is basically powered by Oculus
  but I can do to a lot of different, including Google 3D stuff – I'd love to see
  Google's Jump, Oculus, Vive, all just use kind of – I guess it kind of is
  basically two screens, right? But I'd love to see a standard for this.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Harry:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> It's kind of shaping up like the console industry,
  where they're all competing and they all have some experiences which are
  exclusive to one platform and some companies that decide to be on every
  platform.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> I just – it's mostly going to be gaming but there are
  a lot of other applications, touring around, seeing the world.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Patrick:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> <span class=SpellE>Makeouts</span> on Facebook.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Right on. We're pretty much done here, I'm cooked. You
  cooked, Merlin?
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> You kidding me? I'm just getting <span class=GramE>started,</span> I've still got two or three more bathroom trips in me.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> I feel like Merlin – we could just turn the camera on
  Merlin. We've done that. I think I did that once, I walked away and you guys
  just kept going. Am I wrong?
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> No! Come on, Dad, we need you here.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> This has <span class=GramE>happened</span> a couple of
  times where Nick <span class=SpellE>Bilton</span> and <span class=SpellE>Baratunde</span> just stayed after I left and the show just – they did another hour. <span
class=GramE>Anyways, great to see you, Merlin.</span> I miss you, I adore you.
  @<span class=SpellE>hotdogsladies</span>, but he's doing a ton of podcasts.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> It's great to be back. It's always a thrill to be here
  and to hang out with everybody. Thanks for having me here.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Anything to say about tonight, the Game of Thrones
  ends its <span class=GramE>season,</span> Silicon Valley ends its season.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> I love Silicon Valley, I really do.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> I do too. I feel like I'm the only one but I think
  it's the best.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Game of Thrones, like Walking Dead, I conceptually
  like it but I'm going to be straight up, it's too grisly for me. My wife
  watches Walking <span class=GramE>Dead,</span> I have to leave the room.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> I'm done with zombies and frankly, Game of Thrones is
  turning into a zombie game, which is weird. But Silicon Valley – our friend Dan
  Lyons, fake Steve Jobs, former Newsweek writer, worked for a week, I think, at
  Valley Wag. He's one of the writers and actually there's a great interview with
  him about how he became a writer. I guess she had piloted a show that was never
  picked up for Larry Chase and -
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Harry:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Larry Charles.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Charles, I mean. Then Charles knew somebody who was
  working, the showrunners at Silicon Valley brought him in. He's added some
  verisimilitude, I feel like.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> There's so many characters on that show where you're
  like, “Oh, man. I've worked with that person for years, I know that person.”
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Yes.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Dylan:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> I haven't seen any of Dan's shows yet, any of the
  episodes he's contributed to but last season, I found really hard to watch. It
  was just cringe-worthy on how painfully real it was.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> It is a little <span class=SpellE>cringey</span>, I
  agree.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Dylan:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> “Oh, I see that every day.”
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> A little too close to home, yes. Well, we'll find out.
  Last episode, how do they wrap this season up? I'm going to go watch that.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> I'm sure it won't be awkward at all.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Nothing awkward about that show.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Every frame more painful than the last and like, “Oh,
  my God, this is happening every day like all over.”
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> That's why I like [?]. He's like the Greek chorus.
  “Oh, that's not a problem.” Patrick Norton, keep going with the <span
class=SpellE>Tek</span> Thing, that's good. Tekthing.com. I hear you're the
  host of This Week in Computer Hardware on stations around or about.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Patrick:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> You can find me at TwiT.tv/<span class=SpellE>twich</span>.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Love having you here. Thank you, Dylan. <span
class=GramE>Great to meet you and have you on for the first time.</span> I hope
  you'll come back.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Dylan:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> I'd love to, I've had a blast.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Venturebeat.com. He's @dylan20 on the Twitter. What's
  the 20?
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Dylan:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Well, if you mispronounce my name or change one
  letter, instead of <span class=SpellE>Tweney</span>. Yes, Dylan 20, it's like
  my one-line identity.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> I'm an idiot, of course.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Dylan:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> I thought about changing my name to 20, I thought that
  would be really futuristic and techy of me but I never did it.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Do it, you'd be like Prince or something! No, that's
  so cool. <span class=GramE>@dylan20 on Twitter.</span> Harry McCracken, he's a <span
class=SpellE>technologizer</span> and <span class=SpellE>technologizer</span> is the guy to follow everywhere. It was great to see you again.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Harry:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Great to be here.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Thanks to all the people in the studio audience, nice
  to have you. </span><span class=MsoHyperlink><span style='font-size:11.0pt;
mso-bidi-font-size:12.0pt;line-height:115%;font-family:"Calibri","sans-serif";
color:navy'>tickets@twit.tv</span></span><span style='font-size:11.0pt;
mso-bidi-font-size:12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'> if you'd like to join them for the next show, in fact, we'd love it if you come
  and visit us in the studio. It's always fun for us. But you can also watch on
  the internet, live.twit.tv. Actually, I'm going to stop saying that because
  it's now just TwiT.tv and click the live button when the new site goes up on
  Tuesday. I'll do a little tour of the new site at some point, probably before
  the show next week, something like that. It's <span class=GramE>good,</span> I
  like what we've done. I feel good about it, kind of like building a super
  tanker. But it's done.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'>You've done a little web design in your time, Merlin.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> It's never finished, you just stop.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Exactly, yes.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> It's like being a parent, every day you find a new way
  you were wrong and didn't realize it. Congratulations.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> That's exactly what happened. At one point, we had to
  stop.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> “Your website's done?” “No, I just gave up hope.
  Enjoy!”
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Did you ever work in an agile environment?
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> No, I went whatever the opposite of agile is. I'm
  inert, I don't know how to scrum, how to retro, how to do any of that. We
  worked in places we didn't even have a staging server, we would just edit the
  files live.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> That's the way to do it.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Patrick:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> I had somebody who thought that was an agile
  environment, which was great until it broke.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> He got the break it a lot part, he didn't get the
  other part. I've been scrumming every day since January, like every day. I'm
  like -
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Are you the -
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> I'm the PO.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Wow, wow. Do you have the index cards and everything? <span
class=GramE>The stories and whatnot?</span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> All of <span class=GramE>it,</span> did user stories,
  did epics, it's got points.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> These could all be made up terms and I would not know.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'>[<span class=GramE>crosstalk</span>]
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> I've interviewed Kent Beck, the guy who created it. In
  fact, they do agile in Silicon Valley when they put the little cards on the
  board. That's agile.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Well congratulations, that's a big thing.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> It is a big thing.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> It's so much work, like [?]'<span class=GramE>s</span> law. Everything takes more than you think even when <span class=SpellE>you</span> account for a [?]'<span class=GramE>s</span> law. It's – congratulations.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> It's a recursive law.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Yes, <span class=GramE>which is also recursive.</span>
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Congratulations, probably the right thing to say.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Merlin:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> <span class=SpellE>Masel</span> tov.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> <span class=SpellE>Masel</span> tov and condolences,
  but the new site should be up soon and we'll talk a little bit about it when it
  goes up. But meanwhile, TwiT.tv is the place to go to get the on-demand
  versions or to get links to your favorite podcasts' thing, iTunes or whatever.
  It'd be nice if you subscribed, that way you'd get it each and every week.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Patrick:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> It looks really good.
  <o:p></o:p>
  </span></p>
<p class=MsoNormal style='margin-bottom:12.0pt;line-height:115%'><b
style='mso-bidi-font-weight:normal'><span style='font-size:11.0pt;mso-bidi-font-size:
12.0pt;line-height:115%;font-family:"Calibri","sans-serif"'>Leo:</span></b><span
style='font-size:11.0pt;mso-bidi-font-size:12.0pt;line-height:115%;font-family:
"Calibri","sans-serif"'> Do you like this? It's all about big pictures. Thanks
  for joining us. We'll see you next <span class=GramE>time,</span> another <span
class=SpellE>TWiT</span> is in the can. Thank you!
  <o:p></o:p>
  </span></p>

 

 

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