9. A listening device comprising: a processor; a memory coupled to the processor; processing logic executing on the processor that causes the listening device to: read a plurality of monitoring preferences for a conference, including: (a) preferences for monitoring and recording verbal utterances exchanged during the conference, and (b) preferences for determining contents of interest of the conference wherein each content of interest corresponds to one or more items from a group consisting of specific topics, specific persons, and specific names; determine one or more target contents of interest of the conference; monitor, via a listening device based on the monitoring preferences, verbal utterances exchanged during the conference to: i. determine an occurrence of one or more contents of interest, and ii. produce a real time transcript of the verbal utterances including providing a name of a corresponding utterance speaker for each utterance; and in response to detecting a content of interest, simultaneously.: i. display a selected portion of the transcript related to the detected content of interest, and ii. issue one or more alert notifications alerting of the occurrence of an identified content of interest of the conference and wherein the alert is one or more of a visual alert, an audible alert, and a vibration pulse alert.
9. A listening device comprising: a processor; a memory coupled to the processor; processing logic executing on the processor that causes the listening device to: read a plurality of monitoring preferences for a conference, including: (a) preferences for monitoring and recording verbal utterances exchanged during the conference, and (b) preferences for determining contents of interest of the conference wherein each content of interest corresponds to one or more items from a group consisting of specific topics, specific persons, and specific names; determine one or more target contents of interest of the conference; monitor, via a listening device based on the monitoring preferences, verbal utterances exchanged during the conference to: i. determine an occurrence of one or more contents of interest, and ii. produce a real time transcript of the verbal utterances including providing a name of a corresponding utterance speaker for each utterance; and in response to detecting a content of interest, simultaneously.: i. display a selected portion of the transcript related to the detected content of interest, and ii. issue one or more alert notifications alerting of the occurrence of an identified content of interest of the conference and wherein the alert is one or more of a visual alert, an audible alert, and a vibration pulse alert. 10. The listening device of claim 9 , wherein the alert is a visual alert, and the processing logic that causes the device to issue one or more alerts further comprises processing logic that causes the device to perform at least one of: provide an on-screen flash on a display; display an alert window on the display; and present a text message on the display.