The twitter ceo is set to spend half the year in africa. Plus, we speak to the u. S. Deputy assistant secretary of state for cyber munications and communication policy for an insiders view of the u. S. Versus huawei. First, major changes happening at alphabet. N are page and sergey bri both said to be stepping down with Google Ceo Sundar Pichai set to take over that position. The ceo ofai will be google and alphabet. Page and brin will remain on the board. How big of a surprise was this . Aickly pretty bigs up pretty big surprise. There were questions of how much longer sundar might want to be ceo of google. Google is under a massive amount of scrutiny. He has a lot of things to juggle. There have been internal protests. This really was a surprise where basically he is able he has had to deal with all these things and he will be back dealing with all of the other things happening under the alphabet umbrella which includes self driving cars and other things. Sergey asth larry and asiona
What this means for his role at the social network as well as square. Plus, we speak to the u. S. Deputy assistant secretary of state for cyber munications and communication policy for an insiders view of the u. S. Versus huawei. First, major changes happening at alphabet. Larry page and sergey brin are both said to be stepping down with Google Ceo Sundar Pichai set to take over that position. Sundar pichai will be the ceo of google and alphabet. Page and brin will remain on the board. How big of a surprise was this . A pretty big surprise. There were questions of how much longer sundar might want to be ceo of google. Google is under a massive amount of scrutiny. He has a lot of things to juggle. There have been internal protests. This really was a surprise where basically he has had to deal with all these things and he will be back dealing with all of the other things happening under the alphabet umbrella which includes self driving cars and other things. Taylor with larry and sergey
The final hour and we did get some strong earnings from industrial names like Rockwell Automation and speaking of the president s speech, we will have the first reaction from the white house right here on closing bell. A live interview with top economic adviser larry kudlow in just a few minutes from now. And we will ask him for some clarity on china and the status to have the trade negotiations joining us now for the hour is steve grasso from stuart frankel. Kind of a quiet market day here, but perhaps a little bit of upward bias for a while until just the last several minutes. I think its about everything that you just touched on i think its the majority was President Trump, the expectations coming out of that speak that speech at the Economic Club. Was he going to unveil anything that the market didnt already know so once you get through it and there was nothing new that the market could bite into, the market sells off sort of an anticlimactic feel to the whole day. So we had some a
Trade, the president declining to provide more details on the negotiations with china this morning, saying, quote, well see what happens Broader Markets at the moment down about 0. 6 on the s p the dow is down 192 points the low of the session for the dow 250. So we are off the loan he lows t recovering a little bit in that final hour of trade. Joining us for the full first hour of the show is bespokes paul hickey. How you doing . Good. Do you think it makes sense well start on a soft footing given the great run we saw in november we saw a big strong run to close out the month of november here and dont put too much weight into the first trading day of the month. I dont know if you recall, but last december, we were up 1 on the first trading day of december and i think we all remember what happened the rest of that month. If we can get the opposite of what happened last december, ill take it fair enough lots to discuss with paul throughout the full first hour of the show. Lets focus in
And the message exist but the first question is how do we get access . Thats a very important question. Right now we have no access to this data however there are initiatives of an industry Academic Consortium with this communication data and having trouble getting access. So in the past two weeks that not only does facebook read delay releasing the data that the projects approved they are planning to pull out by the end of september if facebook doesnt release the data they promised to release. So facebook has responded they are having difficulty releasing in a timely manner because of concerns of individual Data Security and privacy. This essentially brings up the transparency paradox. That these platforms are producing tremendous pressure to be more open and transparent how they are affecting our democracy. We do speak to the only way. The only way is to thread the needle of the cross paradox and become more secure engines apparent at the same time. What does that mean technically .