This is an uncomfortable day. You can say your own thoughts about those and other stories that. Make the big tech monopolies come under scrutiny and cross talk. Hello and welcome to crossfire all Things Considered im Peter Lavelle the time come for google and other Big Tech Companies theres a growing consensus the near monopoly status of many of these companies is bad for competition bad for the consumer and even for freedom of speach. No doubt Silicon Valley is lowering of. Cross talking big tech im joined by my guest bill new in london he is a privacy campaigner and c. E. O. Of the cyber crisis firm the crisis team in dallas we have. A wealthy advisor is well is a managing partner at investments and in c. Back we cross to Geoffrey Carr he is the author of inside cyber warfare mapping the cyber underworld and founder of 30 up a video streaming platform right gentlemen crosstalk rules in effect that means you can jump in anytime you want i always appreciate let me go to bill in london
A managing partner and investments and we crossed to Geoffrey Carr he is the author of inside cyber warfare mapping the cyber underworld and founder of 30 up a video streaming platform crosstalk rules in effect that means you can jump in anytime you want i always appreciate let me go to bill in london bill is it time to break up Companies Like google and facebook and we can talk about what should be done if they are maybe they should become Public Utilities go ahead bill in london theres been very left little appetite in the polls for breaking up these come these companies indeed theres been very little left to tell if a challenging them in any way because the enormously lucrative in terms of the lobbying that they do and all of this leigh they have a very strong position in the market i think what weve seen very recently with some of the scandals around privacy that these companies are now vulnerable and possibly their future is in play ok the same question to you because we do have 8
I would like to say to everyone that is here testifying today. Thank you so much. Because i do represent the sixth congressional district. I would like to give a warm welcome. Special thanks to a fellow georgian. Your written testimony examines the decline and competition in the georgia press. What has that meant for the information that they are going to receive. About the government at all levels. Thank you for the question. In a way, i guess you could probably answer it after the Spirited Campaign in the sixth district. I think it was clear that we devoted a awful lot of our folks to covering that. I mentioned that because i think it can be loss. Crucial elections where other news organizations may not be in a position in different parts of georgia to cover a campaign. To deal with the controversy to sort through potential misleading television thats. I also think that we increase the situation where we are not competing with each other as those organizations as much. Everyone is be
I would like to say to everyone that is here testifying today. Thank you so much. Because i do represent the sixth congressional district. I would like to give a warm welcome. Special thanks to a fellow georgian. Your written testimony examines the decline and competition in the georgia press. What has that meant for the information that they are going to receive. About the government at all levels. Thank you for the question. In a way, i guess you could probably answer it after the Spirited Campaign in the sixth district. I think it was clear that we devoted a awful lot of our folks to covering that. I mentioned that because i think it can be loss. Crucial elections where other news organizations may not be in a position in different parts of georgia to cover a campaign. To deal with the controversy to sort through potential misleading television thats. I also think that we increase the situation where we are not competing with each other as those organizations as much. Everyone is be
I spent. [background noises] the committee will come to order. Without objection the chair is authorized to declare a racist of the committee at any time by this hearing is entitled semi annual report of the bureau of financial protection. Without objection all members will have five legislative days within which to submit extraneous materials to the chair or inclusion in the record. I now recognize myself for four minutes to give an Opening Statement. Thank you director for being here today. As the director you wear a lot of hats. You are a member of the federal Deposit Insurance Corporation and the Financial Stability oversight consult. This committee spent a lot of time understanding how regulators reacted to the failures of Silicon Valley macon signature bank. Given both the fcic have equal rolls in the failures i am looking forward to hear about your involvement in the decisionmaking process. As we said the fdics chair grunberg and pfister bar testified before this committee there