We will talk predictions for Tech Companies in the new year, as well as what tech trends we will see in the next decade. The battle for tech privacy in 2020. Wednesday marks the official start of the California Consumer privacy act. This law is meant to give users transparency on what Data Companies collect about them, as well as the right to Block Companies from selling that information. For a look at what to expect this year, in the battle to protect Consumers Digital lives, i talked to reece hirsch, a partner at morgan lewis. Also with him, eric newcomer, who covers the intersection of tech and government. You know, this is probably the most important privacy legislation in the United States today. It is an economic powerhouse. We dont have a federal privacy legislation, so this is important for California Companies and users in california, but also all over the United States. It means that companies are going to have to disclose what data they collect to users, and then let users d
How will global tech try to stop it . We will talk predictions for Tech Companies in the new year as well as what trends we will see in the next decade. The battle for tech privacy in 2020. Wednesday marks the official start of the California Consumer privacy act. This lot is meant to give users transparency on what Data Companies collect about them, as well as the right to Block Companies from selling that information. For a look at what to expect this year in the battle to gitalct consumers di lives, i talked to reese hirsch, a partner at morgan lewis. Newcomer,him, eric who covers the intersection of tech and government. You know, this is probably the most important privacy legislation in the United States today. Powerhouse. Nomic we dont have a federal privacy legislation so it is important for California Companies and users in california, but also all over the United States. It means that companies are going to have to disclose what data they collect to users, and then let users d
Ces, next week. We will look at the decade in tech, how predictions for 20 are not as easy as some Companies Make it seem. Our top story, a good start to , dowear, the s p 500 jones, and nasdaq climbing to highs. One of the best years for american stocks in the past decade. Joining us now is abigail doolittle. Record high another for these big tech companies. What is driving the gains today. It is more of the momentum we saw at the end of 2019. Some missed out on the Fourth Quarter rally because they did it. We have Central Banks supporting markets, putting liquidity into the system. Saying it is not qe, others say it is qe. Responding. Cks speaking of momentum, we have amd, talking about today up 7 . Put ins enough for it to its alltime high. At that chart, not really stability. What goes up, must come down. Investors want in on this big tech rally. Volatility, you look for stability in the fundamentals. We are approaching earnings season. Basis,a yearoveryear declined within the s p
President trumps criticism . Yesterday the president called for lower Interest Rates just like our foreign competitors. Event that far from now the market opens, interesting on the day impeachment hearings to start, stock prices are out at record highs in the dow jones will be down about 80 points. Closed unchang. Statistically unlikely, but it happened and s p 500 down about a, nasdaq down about 20, no serious selloff at the opening bell a halfhour for now and then there is this, extraordinary scenes from hong kong overnight. Battles on the streets. The city, paralyzed the Central Business district shut down. Schools closed. Its open warfare, a revolt against beijing, serious stuff. You are about to see a important day. We will find out if the democrats really can convince voters that President Trump should be thrown out of office and we will find out if the economy can keep growing in the stock market keep rallying. Varney co. Is about to begin. Stuart moments ago we set it, its open
This hearing is called to order. I want to thank you for your written testimony and prayer oral testimony and the answers to our questions. I asked that my written Opening Statement be put in the record. On to make a couple of comments about what i want to see the goal of the searing to be. Ive done this in a while but my chairman developed a statement to enhance the Economic Security of america for a more Efficient Government and the reason im pointing out today is i cant think of a hearing where that statement is more of likable. When we talk about 5g we talk about the Economic Opportunity in order to take advantage of that opportunity to avoid those Security Risks, we need more Efficient Government to step up in competing against what is becoming a friendly economic rival but adversary in the many cases on the line on the world stage in china. So, in terms of the definition of its product, im really hoping to be able to lay out a certified definition at lay out some priorities of th