Grand prize of 5,000. The deadline to submit videos is january 20th, 2021. For competition rules, tips, and more information on how to get started, go to our website, studentcam. Org. Now, a Senate Judiciary subcommittee hearing examining googles Online Advertising and its potential impact on Market Competition. Lawmakers heard first from a google representative, then a panel of technology and trade association officials. There was also a focus on googles Online Search engine, data privacy issues, and antitrust legislation. Welcome to todays hearing of the subcommittee on antitrust competition policy and consumer rights. The title we have chosen for today is stacking the tech, hasi googleke harmed competition in Online Advertising . I want to thank Ranking Member klobuchar and her staff for working closely with me and my o office as we prepared for today. And also want to thank our chairman, the chairman of the full Senate Judiciary committee, senator graham, for his support of this he
Territory. The week has had news of ashares cell a share sell. China puts money on chips to counter rising pressure from washington. It has the same level of backing as the Atomic Program enjoyed years ago. Sophie lets get a check on the set up in asia. Some much awaited pullback on wall street. Asian stocks look set to fall. 1930still Holding Around levels and the yen above 106. But when it comes to stocks in china and hong kong, a drop is productive at least 1 . Softbank is said to be considering a bid for tiktok. In the Semi Conductor space, news that china is planning to support the domestic industry, which launched a billiondollar route in u. S. Chip stocks. Also in south korea, watching for any details of a potential in thecash handout budget that could be announced this weekend. A snapshot of the u. S. Close, the s p fell the most since march, and it was the biggest sincefor the s p june, the biggest drop for the nasdaq since march, with apples market cap falling below 2 trillio
The hearing was set before the bank agreed to pay 4 billion. The race for tiktoks assets aress the globe sees we told its been talking to geo platforms. We do have some breaking news crossing the bloomberg. Current account numbers coming through. We are getting the july current account surplus coming in at 7. 5 billion u. S. Dollars. The trade surplus sitting at 6. 9 7 billion in july and we are watching out for some other developments coming out south korea today. Highlevel officials of the Ruling Democratic Party and the government will be meeting to discuss a second cash handout and potentially a fourth extra budget according to local mode media reports and we are expecting perhaps an announcement when it comes to the social distancing measures as well as the coronavirus update to come. Lets take a look at the fed when it comes to the markets. It was a fallback overnight when it comes to u. S. Stocks and driven by a correction in the highflying tech sector. We saw u. S. Stocks falli
Singapore also in the red. Currency markets certainly, we have the sea and why in the frame at the moment. This is as we got the story today about beijing crossing gains in the yuan as it seeks to cheapen exports and bolster weak spending. That is a theory being compounded, saying a stronger yuan is ideal for beijing at a time when president xi is pushing for a more selfreliant economy. That is where we are with the currency markets. Yvonne yeah. Interesting call there. Thats more analysis with eddie cheung, e. M. Strategist. This all about shifting to more selfreliant economy in china. Given the gains we have seen in the renminbi, is it sustainable and how much tolerance is there for further yen strength . Eddie well, i think we certainly do believe there is more room for the cn wide to gain. First in terms of the dollar view, we think the dollar still has more room to go lower. We look at the indices, we are only at about three month highs. We are still below where we are in terms of
Company, a maker of health and Beauty Products recently bought by procter gamble. Iman abuzeid, founder and ceo of incredible health, a hiring platform for nurses. Chris bennett, the founder and ceo of a preschool and childcare network, wonderschool. Kin, thephanie lam founder and ceo of blendor, a maker of software that helps Companies Manage and fight bias. Thank you all for taking the time to do this. I am so happy to have you all here. Thanks for having us. Glad to be here. Emily obviously its been an emotional last few months and i want to know, how have you been experiencing the latest momentum behind the black lives Matter Movement . Tristan the thing i like to tell our people is in moments like this, three things are critical. First, a forceful acknowledgment of the trauma we are all facing, whether it be emotional or physical, over these last 400 years, frankly. Second, the idea of modeling the way. Really being in line with the values we have and picking a side. That is somet