Part of the city with the ability to do about 500 tests each day we can slow the spread of covid19. We have occur before. And we must do it again. Lives are at stake. The citys Public Health director grant colfax says its getting harder for people to book appointments and the turnaround times for test results continue to vary anywhere from 3 to 10 days in San Francisco, their goal is to conduct at least 1800 tests per day in the past week theyve exceeded that by averaging more than 3200 a day the new test sites in appointment slots will increase the amount of tests the city is currently averaging by about 45 but mayor breed says shes still upset by the amount of people in the city not taking this seriously im really disappointed because what youre doing when you gather with when youre not wearing your mask, youre making our recovery longer. Youre making it more difficult for people to send their kids back to school in San Francisco, michelle kingston kron 4 news here in the bay area we
Considers a plan to order a for tiktok. Nership microsoft is in talks to buy tiktoks u. S. Operations. Of covid19 rising, but at a slower pace. Florida reporting record deaths. As of today, the 600 unemployment checks millions have been getting will expire. Next week, 200. To break down how investors are digesting this, abigail doolittle. We have to talk about this tech rally. Buteveryone, it seems, google. Abigail yes, a big rally for apple, amazon, facebook. Google the odd stock out. You and i were talking about quarters forblowup most companies. Apple, in particular, the stock had been up 5 , then in the afternoon around that news came reversed, and that is when apple took off, as though there was an invisible hand behind apple surging. It is hard to believe institutional money is buying the stock at a fiveyear high. They havent provided in outlook, but nonetheless, great results, each beating estimates. Apple and amazon beating, meeting or beating the adjusted earnings estimate pri
Unrest in America Portland rorked by violent protest overnight. President trump trying to bring safety and security back to america cities announcing surge in federal Law Enforcement. Coming up at 7 30 a. M. Eastern this morning, former new York City Police commissioner ray kelly is here live. Market this is morning pointing to higher opening this morning earnings driving story take look dow futures right now, up 123 points and nasdaq up 98 and s p up 14 and a half. This after hopes of a new stimulus plan and optimism over Coronavirus Vaccine, fuel market yesterday. Dow industrials were up 165 points at the close yesterday. Nasdaq up 25 and s p 500 up 18. Play ball baseball openingday today the game without fans in attendance on this openingday 2020. Plus it is day four of a week long look at instagram stars today an detective that is blowing up online. Gaining popularity with destructive art. Mornings with maria is live right now. Global markets taking a look at thed s p up 40 points
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
Moment or someone will be caught offguard. There will be several rounds of questioning after the Opening Statements. We have seen the testimony of all four of the ceos. There is a similar theme. These ceos are emphasizing that they are facing competition all all on all fronts. Tech is the most Competitive Industry in the world. In every facet of every business they run, they talk about how they face competition. Mark zuckerberg focuses on china saying that if there is too much regulation, that will give Chinese Companies an advantage. The ceo of alphabet talking nott how google does necessitate competition. Tim cook talking about the app store, the opportunity that it has given companies around the world and the fact that the vast majority of apps in the app store are free. Jeff bezos his testimony is different. He talks about a personal story. How his parents invested in amazon in the day. A truerican has american story. This is a first time we will see him testify before congress. He