This week. The democrats say there is no rush and that any decision should wait for the election. An exclusive interview with atlanta feds rafael on the prospect of race. The bank of thailand make policy decisions this week. Central banks heading the headline when it comes to the agenda this week. Take a look at markets setting up in the early part of this monday. Liquidity is in session in asia. Japanese markets are off in respect to the holiday. That also means treasuries at cash trading wont begin until the london session. Asian equities are up someone it comes to rebound after tech put u. S. Stocks to a sixweek low on friday. The s p contracts trading law by that the , suggesting downward pressure could continue after three days. Kospi futures are looking positive. That does hold the crucial export data. About half a up percent. Sydney futures lower by 6 10 of 1 . We did get positive developments when it comes to the coronavirus case numbers continuing to trend lower and 11 cases r
Facebook says it has a plan for fighting misinformation if the u. S. Election in their words descends into chaos but all facebook and other social media platforms doing enough to stop the spread of fake news and incitement of violence this is inside story. Hello and welcome to the program. Social media shape the way people across the globe perceive everything from politics to pop culture and Tech Companies have long taken a hands off approach all giving that uses should be able to judge content for themselves but critics say the social media giants have a responsibility to make sure their platforms arent being misused to incite violence or spread misinformation facebook now says it will take aggressive measures to restrict use as if the u. S. Election in november descends into chaos this is what the companys head of Global Affairs nick clegg said in an interview to the Financial Times there are some break glass options available to us if there really is an extremely chaotic and worse s
Guest section 230 is an important mechanism to defend free speech on the internet. We think it should largely remain in place and that many of the attacks on 230, and especially the president s executive order that he issued in response to twitter Fact Checking about two very problematic censorship that runs contrary to the First Amendment. Host berin szoka, comes your initial thoughts on potential changes. Guest jessica and i dont always agree but i agree with everything she just said and i will add to that that is not just an apartment protection. Its the law that made todays internet possible. It would be possible for websites from the smallest blog to the Biggest Social Network to host content there uses greater if they could be sued for each and every one of those pieces of content. Thats what section 230 protects against. It also protects against websites when they moderate content that they may fight harmful or objectionable. What the administration is trying to do is now the pr
Medical oxygen is running out. And the space project thats no longer just Science Fiction or europes planning to save the world from catastrophic collision with asteroids hollywood star. As well come to the program on the line has given 1st state of the Union Address as European Commission president and that she set out a vision for making the European Union more resilient and uniteds to confront future crises on the line double down on the goals she set out when she took office last december. Also love underly in ahead of her 1st arab state of the union speech waiting to unveil more ambitious climate goals for the block we need to go faster and we need to do things better the European Commission is proposing to increase the 2030 targets for Emission Reduction to at least 55 percent catching emissions and becoming climate neutral by 20. 00 to 50. 00 are part of the European Green deal one of underlined speed priorities at the situation taken partly due to the mounting pressure of clima
And s p 500, nas in six weeks. Yeah. Well start with tech. More broadly, ipos and big tech valuations have been surging culture questions continue to brew in Silicon Valley as well i want to talk about that and a lot more with long time venture capitalist whose newest venture is a private and middle school with entrepreneurship baked into the curriculum Draper Associates founder tim draper joins us now. Tim, good to see you i want to start with your take on these markets i was talking just yesterday to the founder of rike. He said he isnt going public this year because he underestimated how well the ipo market was going to perform in a pandemic has that surprised you and what are you saying about it to your Portfolio Companies . Absolutely. I was blindsided i didnt realize that the government was going to print 13 trillion it has been strong for bitcoin and it sure has been good for the Public Markets particularly the tech stocks that have benefitted from that and i think people many p