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Interview with Huawei CEO; White House Attempts to Stem Flow of Leaks; Moonlight Wins Best Picture; The Indian Dream. 8:00-9:00a ET

Aired February 27, 2017 - 08:00   ET

THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.


[08:00:49] KRISTIE LU STOUT,HOST: A stunning twist worthy of any Hollywood movie: Moonlight wins best picture at the Oscars minutes after La La Land

was incorrectly announced as the winner.

The White House press secretary Sean Spicer checked his staff's phones in an effort to crack down on leaks to the press during a meeting that was

later, yes, leaked to the press.

And Huawei hopes to surpass Samsung as the world's biggest smartphone- maker.

I'm Kristie Lu Stout at the Mobile World Congress here in Barcelona. And welcome to News Stream.

Now today we are live in Barcelona on the floor of the Mobile World Congress. This is the year's most important gathering for the mobile

industry. From Samsung, Huawei to even Netflix, virtually every major name in the business is right here. And over the next two days, we're going to

be speaking to all those companies and many more.

But first a stunning mix-up that will go down as one of the biggest blunders in Oscar history. It couldn't have even made that up even in

Hollywood. The best picture award was given out twice, the first time in error only to be corrected moments later.

Now, Stephanie Elam walks us through the gaffe that stole the show for all the wrong reasons.

(BEGIN VIDEOTAPE)

FAYE DUNAWAY, ACTRESS: "La La Land."

STEPHANIE ELAM, CNN CORRESPONDENT (voice-over): The Academy Awards are billed as Hollywood's biggest night, but this year's ceremony ended with

what could be one of the biggest screw-ups in its history.

HOROWITZ: I'm sorry. No, there's a mistake. "Moonlight," you guys won Best Picture.

This is not a joke.

UNIDENTIFIED MALE: This is not a joke. I'm afraid they read the wrong thing.

HOROWITZ: This is not a joke. "Moonlight" has won Best Picture. "Moonlight." Best Picture.

ELAM: It was a "La La Land" producer who announced the gaffe.

HOROWITZ: I'm in a little bit in a daze. They just handed us an envelope and the awards, and we just kind of started accepting and everybody came

up. And then there were some people with headsets that started kind of coming out on the stage, and it was suddenly clear that something wasn't

right.

ELAM: The reactions backstage were equally confusing.

EMMA STONE, BEST ACTRESS, "LA LA LAND": Is that the craziest Oscar moment of all time? Cool. Guys, we made history tonight.

BARRY JENKINS, BEST ADAPTED SCREENPLAY, "MOONLIGHT": I noticed the commotion that was happening, and I thought something strange had occurred.

And then I'm sure everybody saw my face, but I was speechless.

ELAM: After the mistake, when the biggest prize was corrected, "Moonlight" ended the night with three wins: Best Picture, Adapted Screenplay and Actor

in a Supporting Role for Mahershala Ali.

MAHERSHALA ALI, BEST ACTOR IN A SUPPORTING ROLE: It's not about you. It's about these characters. You are serving -- you're in service to these

stories and these characters. And I'm so blessed to have had an opportunity.

ELAM: A new record was set for the most black Oscar winners in a single year, with five taking home awards in four different categories.

JIMMY KIMMEL, HOST, THE ACADEMY AWARDS: It's important that we take a second to appreciate what is happening here. We're at the Oscars, the

Academy Awards. You're nominated. You got to come. Your families are nominated. Some of you will get to come up here on the stage tonight and

give a speech that the president of the United States will tweet about in all caps during his 5 a.m. bowel movement tomorrow.

ELAM: While Oscars host Jimmy Kimmel took jabs at President Trump throughout the telecast, it was the Best Foreign Language Film win by the

Iranian director Ashgar Farhadi, where politics took center stage, Farhadi boycotting the awards show in protest of President Trump's travel ban on

seven majority Muslim countries.

Iranian-American astronaut Anousheh Ansari accepted on his behalf.

ANOUSHEH ANSARI, ASTRONAUT/IRANIAN-AMERICAN BUSINESSWOMEN: Dividing the world into the "us and our enemies" categories creates fears. A deceitful

justification for aggression and war. These wars prevent democracy and human rights in countries which have themselves been victims of aggression.

(END VIDEOTAPE)

[08:05:13] LU STOUT: So who is to blame for that best picture mix-up? Well, the accounting firm responsible for counting the ballots is saying

sorry. The statement from Pricewaterhousecoopers reads this, quote, "we sincerely apologize to Moonlight, La La Land, Warren Beatty, Faye Dunaway

and Oscar viewers for the error that was made during the award announcement for best picture. Now the presenters had mistakenly been given the wrong

category envelope and when discovered it was immediately corrected. We are currently investigating how this could have happened and deeply regret that

this occurred"

(inaudible) I mean, the winner of best picture was La La Land until it wasn't so what happened?

BRIAN STELTER, CNN MEDIA CORRESPONDENT: For about two minutes.

LU STOUT: Hi, Brian, I think...

STELTER: Do you have me there? I know there's a little bit of a delay.

Essentially what happened there's two sets of envelopes. It all comes down to the backup set of envelopes. Somebody handed Warren Beatty and Faye

Dunaway the wrong envelope which was for the best actress announcement.

So, they opened it up - you could beatty and Dunaway were confused, but they went ahead and

read the words La La Land and that's how it happened.

Now, you could see on stage there was a commotion, some of the staffers tried to come out and fix the problem but as Pricewaterhousecooper said

there is going to have to be an investigation into this, because this is one of the biggest TV events all around the year all around the world.

This was the biggest prize of the night and there was so much confusion.

But you know, I think the best thing to do, Kristie, is to go see both movies. If you haven't seen La La Land, it's a beautiful musical set in

L.A. and Moonlight is an incredible emotional story about a young black man in Miami, two very different films. I would argue probably both deserving

of the award. Definitely both were seen.

LU STOUT: Yeah, I mean the real winner of the night was Moonlight, but the graciousness of that producer for La La Land acknowledging the mistake,

then moving on, that was definitely a moment.

Now, while we have you, Brian, also a question on politics, definitely having its turn during the Oscars presentation, especially that no show

over best foreign move. What happened?

STELTER: Yes, Asghar Farhadi yes, boycotting the Oscars over Trump's attempted travel ban, instead an Iranian engineer spoke on his behalf

reading a statement from the filmmaker who won for his best best foreign language film The Salesman. He said the travel ban is inhumane and he

encouraged empathy. He said films can provide empathy all around the world and that's needed now more than ever.

By the way, that was Amazon's, one of Amazon's first Oscar wins ever. Amazon is distributing The Salesman in the United States on Amazon Prime

later this year. Amazon won a couple of Oscars , ESPN won an Oscar, Netflix won an Oscar, a wide variety of winners at the Academy Awards. And

there was a lot of politics. A lot of barbs at Donald Trump from various directions whether it was talking about the importance of immigrants,

opposition to any kind of wall or Jimmy Kimmel poking fun at the president wondering why the president hadn't tweeted about the Oscars yet.

But, Kristie, so far the president is wide awake getting work on Monday morning. No tweets from the White House yet today.

LU STOUT: we'll be waiting for that tweet especially after a very political Oscars ceremony.

And as you mentioned just a moment ago, the first Oscar for Amazon and for Netflix. We're going to have more on Netflix from here in Barcelona a

little bit later in the program.

But before you go, a question to you about diversity. Last year, we saw that hashtag trending #Oscarssowhite. This year was it a marked

improvement?

STELTER: Seeing a new hashtag, #Oscarssoinclusive. You know, one year of diverse winners does not solve what is a longstanding problem in Hollywood.

Hollywood is simply not as diverse as the country that it -- that it produces content for, and certainly not as diverse as the world that the

studios now try to reach.

But it was notable to see more African-American winners than ever before in Oscars history. And as Stephanie Elam mentioned the first Muslim actor

winning an Academy Award. It's remarkable that in 2017 and we're still talking about those kinds of milestones, but it was at least a more diverse

year this year than in past Oscars years.

LU STOUT: All right, Brian Stelter joinins us live, many thanks indeed for your reporting. We will again have more on Netflix, it's first Oscar win.

I'll bring that to you tomorrow. I'm going to be speaking to the CEO of Netflix Reed Hastings. So join us at the same time here on News Stream,

9:00 p.m. in Hong Kong, 2:00 p.m. Barcelona time, only on CNN.

Now, we are learning new details about the death of the brother of North Korea's leader. Now, South Korea's spy agency says Kim Jong-un ordered the

killing, and that it was planned by two North Korean government ministies.

Now, Kim Jong-nam died after he was attacked at an airport in Malaysia.

Alexandra Field joins us now from Kuala Lumpur with more on the story. And Alex, what more is the South Korea's spy agency saying about who is behind

the murder?

ALEXANDRA FIELD, CNN CORRESPONDENT: Yeah, look, officials are publicly pinning this plot right to the top of the North Korean government. And

they're saying that this was a coordinated effort, an attack that was carried out by two assassination groups with the help of a support

group.

We know that officials here in Malaysia are looking for four North Korean suspects connected

to that attack who are believed to have left country immediately following Kim Jong-nam's death, now South Korean intelligence officials say that all

four of those men are North Korean government officials.

(BEGIN VIDEOTAPE)

FIELD: By a weapon of mass destruction carried out in broad daylight in a busy airport terminal, the two women suspected of the killing in Kuala

Lumpur caught on CCTV video.

This is the moment of the attack. Kim Jong Nam, the half-brother of North Korea's dictator Kim Jong Un, dies 15 or 20 minutes later. Twelve days

after, authorities find traces of the highly lethal nerve agent VX on his face and in his eyes.

The airport terminal that's been operating as normal is finally swept by crews in protective suits. They give it the all-clear. Police defend the

timeline, saying they took protective measures once they fully understood the danger.

CHIEF ABDUL SAMAH MAT, SELANGOR POLICE: It is only on the Friday evening we received the call. We get confirmation. We feel that we have to do this

screening process.

FIELD: Authorities from the suspects' home countries, Vietnam and Indonesia, say both women claimed they thought they were part of a prank.

In Indonesia, the aunt of Siti Aisyah tells CNN weeks earlier her niece told her about a new job on a foreign T.V. show.

DANMI, SUSPECT SITI AISYAH'S AUNT (through translator): At the beginning she was asked to put a hand-body lotion onto hands of strangers in order to

make them angry. And then, at the second occasion, she was asked to put tomato sauce onto other people's body. So just basically doing work like

that.

FIELD: Her niece must have been manipulated, she says. But Malaysian police say the women were trained to kill. Aisyah told Indonesia's deputy

ambassador she was given a liquid similar to baby oil, paid about $90 U.S. dollars, and assigned the job by people she described as Japanese or

Korean.

Investigators say the women were given that deadly substance by four North Korean men who fled the country immediately after the attack. They had been

renting an apartment here in Kuala Lumpur. Almost two weeks after Kim Jong Nam was killed police raided it, collecting samples that have now been sent

to a lab for testing.

The women arrived in Malaysia less than two weeks before the attack, one of them checking into at least two different hotels in the two days before it.

The staff remembers her as the woman carrying a giant teddy bear.

(END VIDEOTAPE)

FIELD: Certainly it was enough to make her memorable to the staff members at that hotel. South Korean intelligence officials are now also saying

that those two women were recruited by government officials who worked with the national security ministry in North Korea and also the foreign ministry

in North Korea, that's despite these women's claims that they thought they were simply part of a prank. And while Malaysian officials here are

looking for the four North Korean suspects who they say skipped town after the attack, they are also looking for three more North Korean suspects who,

Kristie, they believe are still right here in Malaysia.

LU STOUT: Wow, day after day the mystery is still there and taking bizarre twists all along the way. Alexandra Field reporting live from KL. Thank

you for the latest update there.

Now the White House already said the U.S. president didn't plan on watching the Oscars this year, instead Donald Trump is preparing to send his first

budget proposal to federal departments. Officials tell CNN the plan includes a substantial increase in military spending.

Now the president gave a preview of what was to come at the annual governor's dinner.

(BEGIN VIDEO CLIP)

DONALD TRUMP, PRESIDENT OF THE UNITED STATES: So I can say that after four weeks, it's been a lot of fun, but we've accomplished almost everything

we've started out to accomplish. The borders are stricter, tighter. We're doing a really good job. General Kelly has done a fantastic job.

Militarily, as you know we have a fantastic team. We have an A team. And I'm getting some reports that there are big problems in the world, you know

that very well, but we're very happy with the way things are working. And, again, we've made a lot of promises over the last two years and many

of those promises already are kept. So we're very honored by that. And I -- thank you. Thank you.

(END VIDEO CLIP)

[08:15:13] LU STOUT: However you rate Donald Trump's first month, it's certainly been

frantic. A lot of news has been fueled by leaks from inside government circles and despite the best efforts of his press secretary they just keep

on coming.

Now, CNN's Joe Johns joins me now live from Washington. Joe, so Sean Spicer, he's cracking

down on leaks, a move which is immediately leaked itself, so what is happening in the White House?

JOE JOHNS, CNN CORRESPONDENT: Well, it's really clear that the White House has been obsessing over leaks getting out on this subject and that subject.

So, Sean Spicer essentially brought his staff in, CNN is told, and reminded them that the use of encrypted

texting apps, for example, could be a violation of federal law. And after that apparently confiscated more or less both the work and personal cell

phones of these staffers and checked to see if there was a problem with the apps. If

there were any apps that were encrypted.

So it is just a reminder I think to people who work here at the White House, regardless of what party you're in, that there is certainly a

limited expectation of privacy - Kristie.

LU STOUT: So, Joe, all of this is part of this aggressive effort just end this wave of leaks, but why is it happening in the first place?

JOHNS; Well, there's obviously a complex situation here at the White House. There are some degree competing factions and competing power

centers and -- and one side or the other has a need to get out certain information because theywant to make their case in one way or the other and

it ends up that the news media, the people who cover the White House can become the beneficiary of that by getting information that wasn't

necessarily authorized to go out through official channels.

But, you know, leaks are a big custom in Washington, D.C. And it's very hard to plug them,

even if you're Donald Trump.

LU STOUT: Joe Johns reporting live for us from the White House. Thank you, Joe.

Now I am live in Barcelona at the Mobile World Congress. And coming up, we'll tell you how

Huawei is aiming at taking advantage of Samsung's rough year and beat the South Korean company in the smartphone industry.

And Samsung is showing it's down, but not out. The South Korean tech giant throws down the

gauntlet to Huawei with two new devices. I'll show you how the battle of the tech titans is shaping up.

(COMMERCIAL BREAK)

LU STOUT: Welcome back.

We are live from the Mobile World Congress in Barcelona today. And there are few devices so tightly integrated into our daily lives as a smartphone.

And here's where the biggest names in the business plot the future of a product that most of us carry around everywhere. But all this comes at a

time when plenty of questions hang over the industry. I mean, growth is slowing. Analyst IDC says annual sales growth went from 10 percent in 2015

to just over 2 percent last year.

Now, the world's biggest smartphone maker Samsung faced an embarrassing crisis when its flagship Galaxy Note 7 started catching fire and there are

complaints that smartphones are becoming kind of boring.

When was the last time you saw a phone with a feature so revolutionary that had you just had to have it? One company hoping that it has the right

stuff to attract new customers in Huawei. They are the world's third biggest smartphone-maker and have their sights set on being number one.

I spoke with Huawei's head of consumer business Richard Yu earlier. And I asked him how Huawei is trying to bring customers to its brand.

(BEGIN VIDEOTAPE)

RICHARD YU, CEO, HUAWEI, CONSUMER BUSINESS GROUP: This one is even better. We upgrade the camera technology and also this phone it's also we are the

first one in this industry to have the fastest speed, the fastest speed and the fastest connection.

We're the first one in the world to launch 4.5G smartphone.

LU STOUT: Huawei is the world's number three smartphone manufacturer. Number one is Apple, number two is Samsung, and you've made some pretty

bold predictions about when you are going to be number one.

YU: Yeah. We are looking for...

LU STOUT: When?

YU: Maybe, I don't know, maybe four or five years, maybe. I don't know. We have a chance to be number one.

Five years ago we were out of top ten. Now we are top three smartphone supplier. Every

year we are growing. Evevery year we are increasing. And so we are coming towards number one, number two very quickly.

LU STOUT: Now, U.S. President Donald Trump, he has said some pretty harsh things about China and about trade. Will that limit Huawei's oportunity in

the U.S.?

YU: I don't think of the issue limits of this, because the consumer electronic products, the consumers make a selection, I hope, no limitation.

LU STOUT: But can you pull a Jack Ma, the founder of Alibaba, go to the United States, shake

hands with Donald Trump and promise new jobs and thus creating opportunity for Huawei?

YU: Our style is not like a Jack Ma. He's more active. We are a little bit more, how do you say it, humble. But I do believe that we can bring

value to the U.S. consumer.

LU STOUT: Samsung has been struggling a lot recently. The debacle over the Galaxy Note

7, legal issues facing the leadership of the company. Does this present a window of opportunity for Huawei?

YU: It's an opportunity for everyone. But I think that everyone can make a mistake, but Huawei we should also learn from this lesson to award - to

make a mistake by ourselves.

LU STOUT: And back to the P10, which one is your favorite color?

YU: Oh, my favorite color, blue. The blue color.

You know, that's the P10 not only this fashionable color and also the new technology, the CMF technology, the finishing technology, but more

importantly is the performance.

(END VIDEOTAPE)

LU STOUT: He loves the color blue, but he's not going to pull a Jack Ma. That was Richard

Yu, the head of Huawei consumer devices speaking to me earlier.

Now, few major companies here at the Mobile World Congress have more to prove than Samsung. This disastrous year, last year 2016, it saw the tech

giant recall millions of its Galaxy Note 7 smartphones after several of them burst into flames. Now, Samsung has announced the release date of its

new smartphone. And CNN Money's Samuel Burke has been looking at how Samsung plans to bounce back in 2017. He joins us right now.

And oh my goodness. I mean, Samsung is here. But they have not GA to announce. So why are they here?

SAMUEL BURKE, CNN MONEY: Well, you used the word disastrous to describe last year and quite frankly that's the same word I would use to describe

the press conference that they had last night. Usually they are here to announce their biggest phone and usually they are the biggest player here

at this congress. But basically what happened was there's no phone to announce because they had so many problems with the batteries and the last

device that they decided to push that date to next month in New York which we'll be covering, of course.

So instead they were launching two new tablet. But the tablet market is shrinking. They didn't talk about the dates or the prices for the tablets,

though it does have a new digital stylus which unlike Apple you do not have to charge and it will be included in the price of the

tablet, but the event had all types of problems. The screens weren't working and at one point a guy from Greenpeace actually got on stage with a

big sign talking about what he hoped Samsung would do, recycle those unused Galaxy

Note 7s, but nobody was there to take him off and actually the executive who was speaking had to physically go over there and do it himself.

So a very tough night for Samsung and a very tough night for Samsung, a very tough year for Samsung so far.

LU STOUT: You know, it was not a shining moment for Samsung at that press event that you

attended. You know, they seemed to be losing control of the messaging and the narrative and also dropping the ball in terms of innovation. So, who

are the other players who are going to come in and just push innovation forward in this industry?

BURKE: At the end of the day this whole event with Samsung, a really sad situation. We can't forget that there are people who, you know, had

serious problems with all of these phones. It has been a great opportunity for a lot of different companies, especially the Chinese companies like

Huawei that you were just speaking with.

You know, in that time Huawei has had so much success, especially with the camera. And for me what really gets my attention is the fact that in this

time Huawei is innovating ahead of Apple. It used to be the other companies, especially the Chinese ones, immitated Apple, now you see Apple

immitating companies like Huawei. They had that dual lens cameras, Huawei first, and then Apple took a great opportunity for the Chinese.

LU STOUT: Very good point there. And Huawei says that it dedicates, what, 10 percent of revenues into innovation, into R&D and it's really pushing

the envelope forward. We know that LG has a product announcement here. And we're going to be speaking to the CEO of LG a little bit later. We're

going to get the details on that. But, Samuel, thank you so much. Talk again very soon.

BURKE: Great to see you in person.

LU STOUT: Thank you.

Now, we will have more ahead on this special edition of News Stream. Many of India's best and brightest are aiming for high-paying jobs in the U.S.

Why some of them now fear that goal will be harder to achieve.

Keep it here for the story.

(COMMERCIAL BREAK)

(HEADLINES)

[08:30:06] LU STOUT: Now, an Iraqi official says that in just a few days, thousands of civilians have left western Mosul. Now, CNN's Ben Wedeman is

following developments from neighboring Irbil. And he joins us now live.

And Ben, we know that anti-ISIS forces, they have been pushing deeper and deeper into western Mosul. What's the latest?

BEN WEDEMAN, CNN INTERNATIONAL CORRESPONDENT: Well, the latest is that at this point, we know that thousands and thousands of people have fled the

city at this point and that there is intense fighting all along the southern and southwest perimeters of western Mosul.

Now, in the Tai Aran (ph) neighborhood, which is right next to the now liberated airport, we understand from sources on the ground that ISIS is

burning homes, burning buildings and forcing families to pull back with them to essentially use as human shields, as Iraqi forces advance.

Also today, the Iraqi military announced that they now control the fourth bridge, what's known as the fourth bridge, over the Tigris River. That's

the southernmost bridge on the river. And, of course, that will now allow for another axis of access for the Iraqi military from

the eastern side, which they now control and have liberated to the western side as well.

From the southwest, we also know that Iraqi forces are pressing in the Shuhadaa (ph) neighborhood. So, it does appear that there's something of a

pincer movement by Iraqi forces, as you said, pushing ISIS fighters back in the direction of the old city.

And of course there the challenge is for advancing Iraqi forces are going to be much more significant, because that's a crowded area with narrow

streets, Iraqi tanks and armored personnel carriers are going to have some difficulty to navigate and fight in those parts of western Mosul - Kristie.

LU STOUT: Yeah, especially to avoid civilian casualties. You know, civilian residents are vulnerable. They are exposed. Thousands may have

fled, but hundreds of thousands remain in the city and they have also had to deal with three years of ISIS rule. Now this. What have they been

forced to endure.

WEDEMAN: Well, for one thing we saw a statement from the World Food Program that they are very concerned about the humanitarian situation

inside western Mosul. Very little food is available keeping in mind, of course, that the city is cut off from the rest of the

country so hardly anything is getting in in the way of supplies.

People -- because there's very little electricity in the city. The water system isn't working, so people are drinking out of contaminated wells or

out of the Tigris River, which is something I wouldn't recommend anybody do. So their situation is difficult.

Now, some people have managed to flee the city, Kristie, but oftentimes it is under fire that ISIS is shooting at people as they leave. It's an

active battlefield, but these people are so desperate because of the situation, because of the lack of food, medicine, water that they just are

desperate to get out. But in doing so many have been killed and wounded.

LU STOUT: Ben Wedeman reporting live for us on the battle to retake western Mosul. Appreciate your reporting, thank you.

Now, you're watching a special edition of News Stream reporting live here from the Mobile World Congress in Barcelona, and still ahead on the

program, a dream that now seems at risk for some students in India. Why they fear their chance of working in the U.S. is under threat.

(COMMERCIAL BREAK)

[08:35:32] LU STOUT: Welcome back to Barcelona. You're watching News Stream live from the Mobile World Congress, one of the biggest gatherings

of the year for the tech industry.

Now companies from all over the world are here at the show in Barcelona, but it is the situation in the United States that is worrying people in the

tech sector. And executives from India plan to meet with Trump administration officials in Washington, many of them are nervous about

possible changes to the U.S. visa program.

Now, Ravi Agrawal we spoke to an Indian student who has his heart set on the U.S.

(BEGIN VIDEO CLIP)

RAVI AGRAWAL, CNN INTERNATIONAL CORRESPONDENT: Aayush Zawalka symbolizes the Indian dream. He grew up in a small town, studied hard and won a ticket

to one of the country's best engineering colleges, but the dream in Aayush mind isn't Indian, it's America.

Why America?

AAYUSH SAWALKA, STUDENT: It's always been America because all the companies, all the big companies are there in America, and the life there

is really like really amazing.

AGRAWAL: At Aayush's college in Bangalore, students are recruited by the world's biggest companies. With months to go before he graduates, Aayush

has already gotten a job at the local branch of JP Morgan, the American investment bank. His dream is to work with them for a few years here and

then transfer to the United States.

SAWALKA: They very good (inaudible) in the U.S. The second thing is the life, the way

of living the life and the luxury and no problems, nothing -- they just enjoy their life, personal life, that's all.

AGRAWAL: Aayush almost looks American, too - from his casual clothes and decidedly un-Indian hair to his Nike sandals.

Every year, tens of thousands of Indians move to the United States on highly skilled work visas and many of those workers tend to come from

technology and engineering schools like this one here in Bangalore in a city that is known as the heart of the India's Silicon Valley.

And when you speak to the students here, they'll tell you that they often enter these universities

with an end goal in mind. And for a lot of them that end goal is America.

But now Washington might have other ideas. Congress is deliberating three separate bills aiming to curb immigrant work visas. One of those visa

programs, the H1B for highly skilled workers, is being watched closely.

Of the 85,000 visas handed out every year, an estimated two-thirds go to Indian workers.

DR. SAVITA RANI, EVEN ORGANIZER: People love to follow America. People love to be in America. And that is the mindset of even the current

generation as well.

AGRAWAL: Dr. Savita Rani organizers recruiter events at Aayush's university. She says her students are closely following immigration law in

the United States and they are braced for the worst.

RANI: Once they heard about it, you know, their dreams were shattered.

AGRAWAL: Shattered dreams. I hear those words a few times at this university and that's before any laws have been passes, but these students

know the world is still their oyster.

SAWALKA: Now let's see that America is getting out of the picture after the changes in the H1B visa rule and after so many changes. So my

preference now will be Canada.

AGRAWAL: As we Aayush for the day, I have little doubt he's going to make his dreams come true. The only question is where.

Ravi Agrawal, CNN, Bangalore,

(END VIDEOTAPE)

LU STOUT: Now, before we go, we have more on a new phone unveiled here that's aiming at promoting fair trade. Now let's bring in CNN Money

business and tech correspondent Samuel Burke. What did you find. What is this fair phone?

BURKE: Well, it's interesting because all these companies have every incentive to make us throw out our phone every year. The stock market

price always pushing on these companies, but this is a phone called Fair Phone which is actually a modular phone so you

can take off the parts. You have the back there. So, let's say your screen breaks. Instead of having to buy a new phone or pay a lot to have

somebody at the Apple store to replace it, you can just pop off the screen and put a new screen on.

Or if you want a new camera and you want to upgrade, instead of throwing out that phone, you just buy the new camera. And that didn't cost 500

bucks to start, but then you can just buy the products and replace them one by one. And, again, instead of having to use a whole device and throw it

out each and every year, you're hopefully sticking to a longer cycle with it, and then using less parts and making the world a better place.

LU STOUT: It's a brilliant idea because I'm kind of fed up with the built- in obsolescence of our tech products. And the greenification of consumer electronics, that's kind of emerged as a little bit of a

side scene here at CES. I mean, you witnessed something last night at the Samsung event.

BURKE: That's right, we showed earlier in the show actually somebody coming on from

Greenpeace during the Samsung event and actually holding up a sign talking about what are they going to do with all of those Note 7. So, what are

they going to do and speaking of batteries, you know, you replace your own iPhone battery, but with this it's back to the future, or back to the past.

So, you can do that yourself and we always have those battery problems.

[08:40:16] LU STOUT: You know, every day like you've been out here checking out what's on the floor, but a lot of the buzz that's here,

something that's not happening in Barcelona but outside. I know, it's something that's going to be happening...

BURKE: Snapchat.

LU STOUT: Arguably, is it going to be a big tech IPO? How big is it going to be?

BURKE: Listen, what I'm hearing from a lot of people here is there is a lot of excitement because it's one of the few tech IPOs in really a very

long time. You've had Line App, which did quite well, and a lot of people are comparing it to Facebook and Twitter.

And many investors and analysts are feeling like it's going to go the Twitter way. So they are excited, because it's something out there, but

they are looking at how few users it has, the growth, the fact that it's losing half a billion dollars a year, more and more every year. So there's

some cautious optimism. But especially after what happened with Twitter, people are even more cautious.

LU STOUT: Got you.

And one more question for you, if I may. We were roaming the floors here and we saw something, the Samsung booth.

BURKE: Oh, yeah.

LU STOUT: And it was something you saw earlier here at CES. I think you just signed us up

for this. What are we getting ourselves into?

BURKE: We're going to actually be using virtual reality, but be spinning around in real life as well, so hopefully there's a good breakfast that

will stay down and we won't showing any of that on air. But I can't wait to get on there and try it out with you.

LU STOUT: You know I'm prone to motion sickness, right?

BURKE: That's a bad sign.

LU STOUT: I know. This is going to be dangerous stuff.

Samuel Burke, thank you so much. And we'll talk again soon. All right.

And I'll be back with another News Stream live from Barcelona on Tuesday. We'll have much more from the Mobile World Congress this week. Again, I'll

be speaking to the CEO of Netflix. They just who won their first ever Oscar. LG, they're going to be showing us their latest flagship handset.

And we'll look at the return of another famous name: Nokia.

END