A federal judge to allow the barring of we chat from u. S. App Stores Including apple and google last saturday a federal judge issued an injunction that prevented the department of commerce from forcing app stores as of september 20th to remove from download the d. O. J. Has presented the judge with a department of commerce memo claiming the mobile application collects and transmit sensitive personal information on u. S. Persons which is accessible to tense and stored in data centers in china and canada well joining us now to continue for us cohosts ben swan and chrystia i kristie just earlier this week on wednesday the trumpet ministration claim that users who use or download reach out to convey personal or Business Information will actually not be subject to penalties under this new trumped up executive order banning transactions with 10 cent is this a reversal for the administration. Now this is a lot of reversal at all this is merely saying that users will not be punished for using
Join me every thursday so i wouldnt feel when i was reading to get a feel of the world of sport im sure. Ill see about. The one business show you cant afford to miss im going to washington coming up the Trump Administration looks to get a ban on. The money say if theyre only reliable connection to family and business contacts in china Much Airlines and job losses are coming the federal government will take a look at what play ahead for one of the nations hardest hit and. Street level ought to get started. The u. S. Department of justice has asked friday for a federal judge to allow the barring of we chat from u. S. App Stores Including apple and google last saturday a federal judge issued an injunction that prevented the department of commerce from forcing app stores as of september 20th to remove it from download the d. O. J. Has presented the judge with a department of commerce memo claiming the mobile application collects and transmit sensitive personal information on u. S. Persons
Buyer beware, ipos that have doubled do not have a great track record after the debut. Plus the president and tiktok, he says hes not prepared to sign off on anything for an oracle tiktok deal. And wall street poised for a sharply lower open following the feds pledge to keep Interest Rates low for years and Technology Stocks do lead the declines speaking of which, jim, sounds like your conversation with joe a moment ago kind of rings with what Credit Suisse says today about tech valuations overall, that is that there is some excess and theyre lightning their weight at least on software. I count 30 companies that are selling at 30 times sales and then theres a number, even more, maybe another ten that are selling above that, 50 times sales for zoom along comes snowflake at 100 times sales. You just have to put the stop sign up because what it says is theres going to be so much supply that is coming. Look, if you own a company youve been waiting for it to come public you just got the gre
The deadly terrorist attacks touching nearly all americans but none perhaps more so than Cantor Fitzgerald chairman and ceo who lost twothirds of his 960 new york employees that day, including his brother. Each year on this day, he brings in celebrities to raise millions for 9 11 charities but this year, we are going to talk to him about Going Digital due to another National Tragedy that has gripped the nation. Howard lutnick live coming up. But the coronavirus lockdown, not bad for everybody. Paying big rewards for one company, peloton. The shining star of the workout from home boom as fitness fanatics gobble up its connected bikes and digital workouts and treadmills. The ceo john foley is here on his crazy covid Quarterly Earnings and how to keep the rpms and momentum speeding along. Last nights nfl game has college fans asking football in december . Were about to ask the commissioner of the pac12. Less than an hour to the closing bell, lets start the claman countdown. Liz i want to
More on all of this massive stock market volatility with 59 minutes left of trade. Coming up in the show, were down 2. 5 on the s p 500 and we have a big show coming up for you today were going to talk about all of those things that you just mentioned. We have former cisco ceo John Chambers coming up were going to talk about the comments from President Trump about potential decoupling between the u. S. And china and you will not want to miss what he has to say he previously used to run major Multinational Organization that operated both in the u. S. And had a small part of the business in china and then on todays selloff, you want to hear from Mike Novogratz the ceo and founder of galaxy digital. He said there was a frenzy in stocks he called for major selloff and what do we have on our hands now . Well hear what novogratz has to say now. Lets get to the big stories that were watching. Mike santoli is tracking another rough session for the market phil lebeau is following major moves in