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Far welcome to squawk alley for a wednesday. John fortt, sarah eisen and myself watching the market creep a little higher. Dow up 37. White house expected to unveil a tax plan later this afternoon. Stev stev Steven Mnuchin gave us a sneak peek. Reporter big tax day here at the white house. Here is what we know about what is in this plan according to a Senior Administration official that gave this tip sheet to our john harwood. Starting with that 15 Corporate Tax rate, a big cut for corporations and also for passthroughs. The top individual rate would end up between 33 and 39. 6 . There is a revenue placeholder that could turn into the border tax. That placeholder is something to watch out for. There will be an expanded personal exemption or child care credit or possibly both. That would be important for the middle ....
Back here, he cofounded aol ventures. Another 106 million. And 100 point loss of this morning and first up its apple and apples counsel was on this program and criticized the governments rhetoric. We are working on a replay to the government right now and i think that there is some disconnect between the rhetoric we saw in the justice departments brief and what you heard from the director and president obama about the fact that this is a policy issue. And work through as a policy matter. And got a little bit carried away with rhetoric. And the government can make the appropriate modification to the ios to get what they need. Backdrop of all of this is Morgan Stanley saying. I expect the up roar across tech land to be like nothing we have ever seen. Can you imagine them demanding the source code for windows for demanding googles algorithm . All of the crown jewels of these Major ....
They only get launched once every 12 hours. And you say what if we could capture the data all day and all night in real time . Can we do that by putting the censors on the commercial plane and getting it from the plane to the real time we put a satellite communication on board that is global. So if they are flying they are streaming data up to the satellite and back to the data center and we get the data in under 15 seconds anywhere in the world and we can take that super charge data and add it to the weather balloons and put that into more advanced Weather Forecast models like the tv and have it me higher resolution with a better limit. This is an example of our sandy forecast five days out. You can see the difference here being having the data to get a better start. Host we know that the updated data has been able to save a lot of lives with these depictions. Guest sure. Host sometimes it doesnt come soon enough. Does this spe ....
Actually, were demonstrating google glass today. Its not currently on the market. Were in the experimental phase. This is one of our earlier models, youre likely to see some models out and about that are a little bit different, but right now were showing our floor model. Were very much getting this version of google glass in the hands of as many explorers as possible and gathering their feedback or what they think we cannism prove about it. Host so what can people do with it . Guest you can actually do a lot of things you can do with your phone nowadays. You can send messages, make calls, take pictures and record videos. You can do a lot of the things were doing in a handsfree way so that you could control google glass with touch and with voice [inaudible] in front of our face holding up a camera, just not experiencing the word the world fully. Host so if you were to take a picture right now, how would you do that . Guest i would tap the glass right here, and then i would say, okay, gl ....
You can do a lot of things you do with your phone. Send messages, make calls. Take pictures and record videos. A lot of things were doing with technology on a daytoday basis but in a handsfree way. You can control with touch and voice. Holding up a phone in front of our face, holding up a camera is not experiencing the world around you fully. If you were to take a picture right now, how would you do it . I would tap the glass on the side and say ok, glass, take a picture. I just took a picture. And where is it stored . Its stored in my glass and what i can do if i want, i can turn on the screen again. You can touch right here i could share the picture on the social ned network or email. Or afterwards i could download all the pictures they saved and look at them on my computer or my phone. You can toggle and people will get all the pictures that youve taken. If youre out and about you can capture what youve seen at that moment and then go back and experience its it again. What are some ....