Going to be different in and its a selfasking question answering question. In the vehicle to vehicle world it has to be an open standard that in fact is published so your windshield wipers on one vehicle talk efficiently to another. Isnt that true . I think it is true. But i think it is also true that in the world, dangerous world where you have malicious hackers that Integrity Matters a ton. And finding a balance for both is the test. I recognize the ranking member. I will tell you at least from this part of the day is working on legislation it makes the penalties specific, high and enforceable against those 2w0 try to maliciously attack automobiles is an area our jurisdiction is not only appropriate but our need for action is immediate. If i may. With mr. Nabers permission yes. Its just a point that we have a history of driving open consensus standards that fully integrate privacy and security production and can do that in the context as well. Thank you. Thank you, mr. Chairman. Mr.
Devices such as cars and Household Appliances. Among the witnesses is a gary shapiro of the Consumer Electronics association. And a number with the a number with the automobile manufacturers. The chair is authorized to declare a recess of the subcommittee at any time. Today, we welcome everyone for a hearing on the internet of things. Throughout its short history the internet has been transformative and powerful tool. It has a doubling capacity so quickly that by the time you run out of your short warranty, you in fact, have a product that can outperform the one on your desk. But the internet of things, which probably refers to a Network Connected to realworld items, able to Exchange Data with each other and across existing Network Infrastructure is a newer version of what now becomes the future of our lives and our communication in the 21st century. It is estimated by 2020, there will be 25 billion connected things. Without a doubt before we reach 2020, i will be wrong and there will
Americans are insecure about tomorrow. Our economy is not undergoing a downturn. It is undergoing massive transformation. It is like the Industrial Revolution happening every five years. The question we must answer is are we going to embrace it or are we going to ignore it, fight against it, and get left behind. In the absence of our leadership, which you leave behind as a vacuum. America never asked for this job of being the global leader. For some reason we dont fully understand, fate has given it to us. We either accepted or the world will become a darker more difficult place to live in. The chaos that follows makes the world more dangerous and less profitable. With that inspirational closing i think we should let senator rubio get on with his day. Will everybody please stay standing . Fair and balanced. Thank you every much thank you very much. Them political has put together 199 quotes from donald trump, calling it the most donald trump thing donald trump has ever said. A couple o
America. Looms large over the workers and it is time for the British Government to step up for the british workers. We see that the British Government are being bullied. The eu must step in as they are being bullied too. It must stop and stop now. This is the plane that the americans object to, the c series, wings made and sent from belfast. But the americans claim it received 1 billion in subsidies from the canadians that allow it is to undercut bowing in bidding for contracts. This puts theresa may in a bind. He pact with the dup keeps her in power and the bombardier factory is dup heartland. Aerospace and aviation are at the forefront of globalisation. We have no tariffs on product anywhere in the world. We have an International Regulatory regime which works well. These measures threaten competition and innovation and it is bad news for the consumers wherever they are. But she knows that boeing 777 employs nearly 19,000 elsewhere in the uk and is building a factory in sheffield. The
Arkets middle east. What a week to look for two, we have the jobs report later in the week and earnings for some of the heavyweights around the world. Let me recap friday. Is there ever a friday that is not of info. . Not even full . Things tow important point out in the s p. In terms of tobacco stocks, they got absolutely smokes. This is on reports that the government is seeking to cut nicotine levels to nonaddictive levels. That had an impact. Also broadly, the week did see disappointing earnings. The stoxx 600 climbed 1. 1 in europe, the lowest in 14 weeks. Loreal was one of the companies that drag it down. The eurodollar had a tremendous week. And the u. S. 10 year paper relatively unchanged. On a show you some of the other key Asset Classes that will be in focus. Brent crude is one of those. Not bad if you are able in this market. The best week of the year. A lot of paltry increase. At golde a look futures. 1275 per ounce. Out the here pointing gold is breaking the sixyear downwar