To not make haste good friday morning welcome to squawk alley. Im Carl Quintanilla with jon fortt. Morgan brennan heads our coverage at headquarters bulls trying to hold the bounce after the worst day for stocks since 1987 the five Big Tech Companies apple, facebook, alphabet, amazon and microsoft lost more than 400 billion in value on thursday the treasury secretary Steven Mnuchin joined us this morning on squawk on the street. Take a listen. The president is looking at a major stimulus package whether its through the payroll tax cut or through another means of delivering liquidity to hardwork americans, weve announced what will be about 200 billion of liquidity through delaying irs payments, so hard working americans who have tax payments due or small or medium sized businesses can delay them i can assure you we will use whatever tools we need to make sure that the industries impacted by this get through this this is a shortterm issue it may be a couple of months but were going to ge
Get an interview with siri, by the way. Tomorrow is day one of the fed meeting with most economists saying a rate hike is off the table. When will we see any movement on Monetary Policy . Well be joined live here at the new york stock exchange. And oil, the highest its been. Hes holding to that forecast. We begin with microsofts blockbuster acquisition of linkedin, announced just before the opening this morning. Jon fortt spoke with both ceos. Jon . Microsoft wants to get bigger, but to do that it needs online professional Services Running on the platform. Linkedin has got more than 430 million members, but only about a quarter of them sign in during any given month and to change that, its been promoting itself more than just the biggest place to find a job online. Its promoted it through news stories, training courses and more. Linkedin was approached when stock was lower. Take a listen. We were talk in february about whats the next phase . Can we complete it more tastefully and wbett
Broadband in the u. S. And, ultimately, globally. We think its a really great big opportunity to do that. Host its been described as a disrupter. [laughter] guest no. And its not just but really the next frontier in wireless communication is [inaudible] and what that really means is youre looking at ten times, fifteen times the frequent i of cellular operator. The big advantage of that, it gives you a [inaudible] you can pump about a thousand times more data. And one of the first use of that makes sense in wireline broadband replacement. So theres a huge trend were looking at, you know, what are the opportunities of using [inaudible] now, these things have other limitations as well. For example, they dont go as far as cellular signals do, they dont penetrate buildings, they have difficulty of operating at these frequencies, but if you can figure your way around those things, theres a lot of fun to be had. Host have you figured out a way around that . Guest we think so, yeah. Host okay.
President nixon responded on a subpoena for additional water get tapes. His response and reflexes from Carl Bernstein tonight at 8 00 on cspan 3. Next, a discussion about middleclass jobs and the digital revolution. This event was hosted by the Group Forward u. S. And hosted by founder van jones. From aol headquarters in new york city, this is an hour and 0 minutes. To my left is van jones, the president of rebuild the dream which is a platform for peoplepowered innovations to help fix the u. S. Economy. He is the cohost of crossfire on cnn with his old friend newt gingrich. He was formally the green jobs adviser in the Obama White House and he has written two New York Times bestsellers. Mcafee, watch out. Next is im gaining on him. Next is andy mcafee, the associate director of the center for Digital Business at the m. I. T. Sloan school of management. He and eric are coauthors of the new book called the second achine age. That is a plug for those who signed up for forward membership.
Reasons but if it had occurred, it wouldve occurred because of a strong First Amendment opinion written by a judge who practiced what i call the rhetoric of regret. He kept saying, i hate it. It is going to do a lot of harm. I absolutely regret the fact that we have to allow these horrible things that happen but that is a First Amendment. I would get this when i speak at universities and i totally agree with stanley when it comes to someone who was espousing holocaust views. Malarky. Orse that its one of the reasons why a lot of the times when you pass laws that ban it, you are going to encourage it. If someone has to say, i believe the holocaust did not happen. Prove it. Defend that position. I cant. Here are the following 10,000 pictures. Have you ever gone on the website . They defend it. I have read it. If you are a paranoid fanatic and youre all idea is to say the holocaust never happened but i am not allowed to say because there was a conspiracy. That is a formula for the society