Industry. They took questions about the use of thirdparty seller data and allegations of anticonservative bias. The subcommittee will come to order. Without objection, the chair is authorized to declare recess at any time. Welcome to todays hearing on marketing power. Amazon, apple, facebook, and google. I would like to remind members we have established a distribution list dedicated to circulating specific motions or other written materials members might want as part of our hearing today. If you would like to submit materials, submit them to the email address distributed to your offices. We will circulate materials as quickly as we can. Thatld also remind members face coverings are required for all meetings in an enclosed space such as Committee Hearings. I expect all members on both sides of the aisle to wear a mask except when you are speaking. I recognize myself for an opening bateman Opening Statement. This committee launched an investigation into Digital Markets to document compe
Published. Meantime, facebook is making a big change to its ad business, announcing it will allow people to opt out of seeing political ads on facebook and instagram. Users will be able to mute electoral ads and ads on social issues as well. For more, i want to bring in purses and strategies founding partner, who was before that president obamas Reelection Campaign digital director. Teddy, good to have you back on the show. Facebook may the controversial decision to not factcheck political ads, not factcheck speech from politicians. What is your take on this now middle ground, saying you can turn off political ads if you dont want to see them . Teddy thanks for having me. I think the truth is it is not much of a middle ground. What its doing is putting the onus on the user to do the work. They are saying we wont provide any Fact Checking or any standards whatsoever on our platform, but you the user can click on a few buttons and hopped out if you make that decision. The thing i think t
Positive impact on very sicko individual patients. And of course, jim, we had the announcement today that the fed will begin buying individual Corporate Bonds, not just the etfs that hold those bonds but the actual bonds themselves. That certainly helped. Whats your take this morning . Well, look, i think each one of these can be debunked took this drug for two months. It was okay. I switched to prednisone suddenly we discovered this was a big breakthrough what were the doctors doing . Did all of the doctors get it wrong . Did they realize it was not swelling around the body and just focused on the lungs. Its like, okay, idiots honestly, i love the doctors, theyre great. But come on, how did they miss this and look, david, the gunners all want the stocks to go higher, right . And the fed is buying bonds that we would normally i mean, maybe the fed buys hertz bonds and takes them up to the point where maybe hertz is good. I dont know, david. Theres a lot of people saying talk pony. The
With regard to Unemployment Insurance people are not going go back to work next month. In july when the Unemployment Insurance benefits run out we must extend a great trillion dollars to buy a number of households that comes to about 23,000. That the average family will have to repay their future attacks, one of a lot more oil or as california and the rest of the country moves at different paces of reopening lawmakers on both sides of the aisle agree a one size fits all approach does not work for all counties in responding to the pandemic theres a lot of fear factor being pushed with this so i think what were talking about reopening a church where many churches. Theyre smart people that can figure out the prototypes really think that when it comes to opening whether its a church or a restaurant or whatever contact or public health. Officers asked them what is the best way to go about it representatives acknowledged the number of cases will continue to rise as testing ramps up some not
Epidemiology professor at ucsf he says the numbers may not be complete. The bay area has more than 13,000 coronavirus cases and more than 400 deaths, some victims who died at home might have never been tested. And then theres the cases that have not been counted. We know that a substantial proportion of people maybe 30 maybe 40 at most of them is that all another substantial chunk of people maybe another 20 or so or 30 have very mild symptoms that might not they might not even go see their doctor about. Cdc director doctor Robert Redfield tweeted earlier this month. Models predicting an increase in deaths in the coming weeks and total of over 100,000 by june 1st. Well here in the bay area there almost 13,000 confirmed coronavirus cases check the numbers out right there on your screen. Look at Alameda County all of the county leads the local counties with more than 3. 1000 infections. But the virus has been deadlier in Santa Clara County where 140 people have died. The complete breakdow