High Stakes, High Tech: The 34th America's Cup

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Sept. 12 (Bloomberg) -- The 72 foot carbon-fiber catamarans can hit 50 miles per hour. They're powered by a 13-story tall computer-controlled wing sail that's larger than the wing of a jumbo airplane. Hydrofoil technology literally turns the boats into flying machines. But the winds of the San Francisco Bay may have proven to be too much for these racing yachts. Bloomberg West's Cory Johnson and Emily Chang introduce us to the boats, the controversy and the competition. (Source: Bloomberg)

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