Governments request is unprecedented and violates among other things the companys First Amendment rights that protect against compelled speech. On the other side of the corporate story thats capturing the worlds attention is fbi director james comey who earlier today testified on capitol hill. I love encryption, i love priva privacy. When i hear corporations saying were going to take you to a world where no one can look at your stuff part of me thinks, thats great, i dont want anybody looking at my stuff. Then i step back and say, Law Enforcement, which im part of, really does save peoples lives. Rescue kids. Rescue neighborhoods from terrorists. We do that a whole lot through court orders that are search warrants and we do it a whole lot through search warrants of mobile devices. Were going to move to a world where that is not possible anymore . The world will not end but it will be a different world than where we are today. Amon jaffers has been following the story from washington. W
Governments request is unprecedented and violates among other things the companys First Amendment rights that protect against compelled speech. On the other side of the corporate story thats capturing the worlds attention is fbi director james comey who earlier today testified on capitol hill. I love encryption, i love priva privacy. When i hear corporations saying were going to take you to a world where no one can look at your stuff part of me thinks, thats great, i dont want anybody looking at my stuff. Then i step back and say, Law Enforcement, which im part of, really does save peoples lives. Rescue kids. Rescue neighborhoods from terrorists. We do that a whole lot through court orders that are search warrants and we do it a whole lot through search warrants of mobile devices. Were going to move to a world where that is not possible anymore . The world will not end but it will be a different world than where we are today. Amon jaffers has been following the story from washington. W
Golden gate and possibly getting in another car. In the investigation, police are working on collecting evidence. Reporter do police have a motive. You know, right now they dont . Theyre trying to figure out if its targeted or random. A michigan man will be arraigned in connection with a seven hour shooting spree over the weekend. Jason dalton, a 45yearold uber driver killed six people in kalamazoo, michigan. He targeted his victims at random. And did all of this while picking up passengers, using his uber app. A group of men were suspicious right away. Its crazy to think that someone could come in with a straight face like hes going to work. My duddy said youre not the guy are you . He said no. Richard smith and his son were killed. A woman was killed at a Cracker Barrel restaurant. After winning the nevada caucuses, Hillary Clinton decided to pick up victory cash in the bay area. People paid from hundreds to thousands of dollars to attend her fundraiser. Clintons organizers were focu
Longawaited decision to raise Interest Rates. What does it mean for technology . I want to bring in bloomberg intelligences bloomberg intelligences chief u. S. Economist who joins us from new york. Our editor at large cory johnson in San Francisco. Carl, give us all the details. What happened today . Carl good afternoon. The fed was getting very close to pulling the trigger on Interest Rate increases late in the summer. However, when china devalued the currency and the turmoil erupted, the fed lost faith that the timing was appropriate. So, instead, the fed is waiting to see the extent of negative feedback into the economy over those events. So, they need to wait longer before raising rates. They still have an objective to raise rates this year. Not to guarantee that they will deliver, but theyre watching to see the extent of feedback. The recent signs give them reasons for pause. Last week, we saw Consumer Sentiment much weaker than expected. The new york Empire Survey was softer this
Its the story that soukds so ridiculous it may as well be a hollywood blockbuster. Sony has canceled the scheduled christmas release of the interview. A comedy about the assassination of north koreas leader. It is the latest of the hack that will not end. It began with a barrage of exposed emails, each feature big names and bigger embarrassments for sony executives. No one spared, seemingly. But recently the story took a far more threatening tone. The hackers threatened to kill people who go to the movie. Now the u. S. Government is involved setting in motion a bizarre diplomatic showdown, but sony is just the latest example of a truly troubling trend. An nbc news pole found that a shockley high 45 of americans say they or a Family Member have been notified that their credit card information might have been stolen as part of a data breach. But back to north koreas attack. The sony hack is focusing the public attention on this. John mccain today blamed the Obama Administration for faili