And trust legislation. Welcome to todays hearing of the subcommittee on antitrust policy and consumer rights, the title we chosen for today is stacking the tech as google form competition in advertising, i want to think drinking member and her staff for working closely with me and my office, we prepared for today. I also want to think the chairman of the judiciary lscommittee, senator graham for his support of this hearing. This hearing. After i and then senator klobuchar giving our opening remarks, well hear from two panels of witnesses with questions from members of the subcommittee. We have Something Interesting to deal with in the senate and every time they call votes, when they call votes during a subcommittee hearing, were at their mercy. Senator klobuchar and i have both cast our votes on the first of a series of three or four. At some point, were going to have to pause or tag team as we allow other members to hearing is googles Online Advertising business. A novelist andha whet
Covid19, let me say that employers sponsored covered, at least before the crisis, 178 million americans and their families got coverage from their employers. If youre talking about the trend, Health Care Cost was a top concern even before the crisis. Right now this economic and Public Health crisis has raised questions and concerns about making sure that that system can still provide affordable coverage to millions of americans including those who have just lost their job. Kaiserccording to the Family Foundation and cnbc, the average annual premiums for coverage in 2019 are over 7,000, and 20,000 four family coverage for workers covered by their employer plan. That is a 45 increase over 2018. 3. 4 ines increased by inflation by two percent. Before this pandemic, how were people making ends meet and covering their Health Care Costs . Guest we know that before the pandemic, Health Care Costs were a top concern for working families. Indeed, all individuals. Our Member Companies and employ
From our studios in new york city, this is charlie rose. Charlie Michael Lewis is here. He wrote to prop close to prominince more than 25 years ago with liars poker. Last spring, he published flash boys. One year later, a new afterward assesses the challenges that remain for highfrequency trading. I am seized to have Michael Lewis back at this table. What is it that you are saying in the afterward that has happened since the publication of the book . Michael the Public Relations firm hired by highfrequency traders has gotten better at attacking me. Charlie a few of them came to see me after we did the long interview. Hear us out, that is all they said. Michael it is an organized political campaign. What am i saying . There are two ways of looking at the world. One is as a problem the regulators need to solve. You have a stock market that is screwed up. Screwy incentives at the heart of it. It may lead to ruin and if nothing else, it leads to a tax on investors. I never held out much ho
From our studios in new york city, this is charlie rose. Charlie Michael Lewis is here. He rose to prominence more than 25 years ago with liars poker. Last spring, he published flash boys. One year later, a new afterward assesses the challenges that remain for highfrequency trading. I am pleased to have Michael Lewis back at this table. What is it that you are saying in the afterward that has happened since the publication of the book . Michael the Public Relations firm hired by highfrequency traders has gotten better at attacking me. Charlie a few of them came to see me after we did the long interview. Hear us out, that is all they said. Michael it is an organized political campaign. What am i saying . There are two ways of looking at the world. One is as a problem the regulators need to solve. You have a stock market that is screwed up. Screwy incentives at the heart of it. It may lead to ruin, and if nothing else, it leads to a tax on investors. I never held out much hope there woul
We started in college my cofounder and i, and i, 2004 when the idea came of, kind of came about when we launched, as soon as we launched we focused on the Consumer Market but what happened was we saw google, Apple Microsoft others potentially as big competitors in the consumer space, but when we went and looked at the Enterprise Market there are tens of billions of dollars spent every year on technology we didnt think was going to enable enter prize to be more productive with their information and also not as secure with their data so we sided to pivot the company and focus entirely on enterprise, that was 2006, 2007 so for about eight years all we have done is focus ongoing, Building Platform for Large Enterprises to manage and secure their information. Rose Michael Lewis and aaron levie when we continue. Funding for charlie rose is provided by the rose additional funding provided by and by bloomberg, a provider of multimedia news and Information Services worldwide. Captioning sponsor