[gavel bangs] this meeting of the Senate Judiciary committee will come to order. I want to preface my remarks by saying that i have been in congress a few years. Senator graham has as well. If you do not believe this is an idea whose time has come, take a look at the turnout here. Today, the committee will continue its work on an issue on the mind of most American Families how to keep our kids safe from Sexual Exploitation unharmed in the internet age. Online child Sexual Exploitation includes the use of Online Platforms to target and groom children and the production and endless distribution of child sexual abuse material, which can haunt victims for their entire lives and in some cases take their lives. Everyone here will agree this conduct is abhorrent. I would like to turn to a brief video to hear directly from the victims, survivors of the impact survivors about the impact these crimes have had on them. I was sexually exploded on facebook. I was sexually exploded on instagram. I w
The most is your own. This is what democracy looks like. Cspan, powered by cable. The ceos of meta, tiktok, and x talk about efforts to stop Child Sexual Exploitation online before the Senate Judiciary committee. Republican senator Lindsey Graham, the Top Republican on the committee, was critical of the companies, accusing them of having blood on their hands. Later in the hearing, Mark Zuckerberg apologized to parents who had lost children because of a social mediarelated incident. This is just over three and and a half hours. [gavel bangs] this meeting of the Senate Judiciary committee will come to order. I want to preface my remarks by saying that i have been in congress a few years. Senator graham has as well. If you do not believe this is an idea whose time has come, take a look at the turnout here. Today, the committee will continue its work on an issue on the mind of most American Families how to keep our kids safe from Sexual Exploitation unharmed in the internet age. Online Chi
Pressure and our willingness to fight, and negotiate as if there is no fighting, if we are going to secure the release of these hostages alive. And ultimately bring peace to israel. We are going to leave the last few moments of this to hear the ceos testifying on child equitation. We have the ceos of meta. We also have evan spiegel. This is live coverage on cspan3. Members of the Senate Judiciary committee are arriving here with different ceos, talking about child sexual explication. The hearing comes amid roman concerns that social media is harming americas youth. The story says that the u. S. Surgeon general issued a Public Health advisory saying that social media use presents a profound risk of harm for teen and kids Mental Health. In written testimony, soderbergh Mark Zuckerberg announced that meta has introduced controls for how long children can use their services. We will hear from him, and the ceos of snap, tiktok, discord, and capital ask in a few minutes. Speaking on the Sena
That matters so much or stands out, but it is the fact that we have declines as opposed to gains for the s p 500. This is the first down day in and nine. There has been so much bullish momentum. The three major averages are on pace for weekly gains, but we do not have any record highs, the first time we have seen that this week. The nas whack nasdaq is down, and we can see if the tech heavy index can pull out of the weeds. This could have to do with the jobs report and the cryptic comments from President Trump, but it is also earnings season. This is a oneyear chart. The s p 500,ve those yellow lines, arrows, that is the q4 reporting season earlier this year, and the First Quarter earnings season earlier this year. On the bottom, a momentum indicator. We see before the Earnings Report. Reports, engine, this happened. We had the tech wrap. , so conditions were not overbought. We are starting to trend down, suggesting we might see these overbought conditions cooldown for a little bit. Bu
Australia, allies that have helped maintain regional stability since world war ii. A in its latest apps to tighten Monetary Policy. The pboc raised the cost of 7, 14, and 28 day reverse repos by 10 basis point each, hoping to curb leverage and support the exchange rate. Global news power 24 hours a day, powered by more than 26 journalists 2600 journalists and analysts, you are watching bloomberg. The regional benchmark index now headed for a week. We are seeing the hunt saying continue to lose they hang seng continue to lose ground, down half a percent. Hyde. Ne im caroline this is Bloomberg Technology. Coming up, snap filing for an ipo with an initial size of 3 billion. Plus, amazons shares drop. The life the giants lackluster Holiday Season. And the uber ceo slams on the brakes, calling it quits on the trump Advisory Council. First you are lead, snap has followed filed its longawaited ipo with a size of 3 billion. That is according to people familiar with the matter. The Parent Compa