I. Mean right now today on capitol hill 4 of the most powerful men in the u. S. Tech industry are being questioned on whether their platforms have violated antitrust laws in recent years as theyve risen to dominate the industry and the marketplace arties Rachel Blevins is monitoring this hearing she is joining us in studio to discuss it so rachel who is testifying today and what has led us up to this point well this hearing comes after a year of research that was conducted by the house judiciary is antitrust subcommittee and which they are looking at these 4 Major Tech Companies and trying to decide whether the major monopolies that they already have are being used to stifle their smaller competitors now of course we are still dealing with the coronavirus pandemics is a very unique situation in which these tests. The monies are being carried out virtually but they are being held from a lineup that includes alphabet c. E. O. Sundar Pichai Facebook c. E. O. Mark zuckerberg apple c. E. O.
Happen right now on capitol hill 4 of the most powerful men in the u. S. Tech industry are being questioned on whether their platforms have violated antitrust laws in recent years as theyve risen to dominate the internet Rachel Blevins is joining us now to discuss the latest developments there as a ritual who is testifying today and what led us to this point where this hearing comes after more than a year of Research Conducted by the house judiciary subcommittee and which available to 4 of the Top Tech Companies here in the u. S. To ask questions about whether they are unfairly stifling their much smaller competitors now of course were still dealing with the corona virus pandemic so this hearing was carried out virtually and the testimonies included this. Apple and google. Facebook and amazon now all of these companies have been accused of manipulating their search results to promote their own products and interest so this hearing is still going on right now as we speak what have been
The meeting will come to order. Welcome to the july 9, 2020, regular meeting of the Public Safety and Neighborhood Services committee. Im supervisor mandelman. I chair this committee. Joined by supervisor stefani and supervisor walton. I want to thank the great folks at sfgovtv for staffing this. Mr. Clerk, do you have any announcements . Yes, thank you very much. In order to protect board members, City Employees and the public during the covid19 health emergency, the legislative Committee Room is closed. This is taken pursuant to local state, federal orders. Committee members will attend the meeting through Video Conference and participate in the meetings as if they were physically present. Public comment will be available for each item on the agenda. The number is being streamed across the screen. Public comment is available by phone, by calling 408 4189 8 408 4189388. Once connected and prompted, todays i. D. Is 146789102. Press pound and then a second time. When connected, youll he
It has impacted how we are holding todays hearing. People are putting themselves at risk every day, from doctors and nurses to first responders, postal workers and many others, including poll workers. We know that covid19 has con. Any do not. We can do our work in a safe, secure, online format. The highest levels of the federal government have already decided the circumstances of the covid19 pandemic by Holding Virtual hearings, that includes a house and senate, which of Health Virtual hearings like this one. It includes the Supreme Court, which has modified how it conducts its oral arguments. And it includes executive agencies which have recognize need forimacy and the remote proceedings by participating in those conducted by conference by congress and the Supreme Court. As we begin, i want to remind our members and participants of a few things that will help us navigate this new platform. We are holding this hearing in compliance with the regulations of Committee Meetings pursuant to
Underscore todays desperate need for a market catalyst and on that note if you missed the moves because you thought stocks were up way too much, im going to show you the difference between chasing the price and chasing fundamental. I have two my favorite analyst to help. Also Vice President pence wrapping up his first Coronavirus Task force briefing, the first 22 months as a number of new cases hitting alltime high, will go live to the white house with the very latest and conservatives are flocking to a new social media site, double standards from facebook and twitter. Heres the big question, well President Trump walk there. All that and so much more on making money. Charles the market selloff after yesterday proved a point for a couple weeks, stocks are poised to take off what they did in the last hour of trading yesterday on hopes of a friendly news from the feds stress test and strong earning from nike. As it turns out folks were very disappointed leading to the low session but it d