Good Tuesday Morning welcome to squawk alley. Im Carl Quintanilla with jon fortt. Its a mixed fwoog day retail earnings, amazon pharmacy, covid19 restrictions, fed speak. Were going to begin this morning on capitol hill as both Mark Zuckerberg and jack dorsey testify before Senate Judiciary on censorship, suppression, and, of course, the 2020 election our Julia Boorstin is monitoring this and can tell us what happened so far. Julia . Well, carl, senator Lindsey Graham focusing on what he sees as a need to revise section 230, thats the rule that protects social media platforms for legal liability for content. He says facebook and constituenter wetwitter were making editorial decisions and far more transparent standards are necessary. He called out the Mental Health risks associated with social media use. On the other side of the aisle, richard bloomenthal, he is calling for breakup of the platforms. Mark zuckerberg supports change to section 230 dorsey pointing out they need to walk a f
Did as well in terms of market cap. You can really move if you give the market a beat. Romaine you saw apache rally fall by and conoco about the same amount. This split between Companies Still invested in shale and companies that have more offshore resources. Taylor i still think we should have bought oil at 30 per barrel and stored it in your swimming pool. Romaine right next to the gold. We are waiting for a lot of earnings today. Apple, amazon, facebook, shake shack, yum brands. One of the busiest days of the year right now. As isne gileads outcome Electronic Arts. The 1. 44 expected. Second quarter revenue, 5. 1 billion, that is a slight mess. That company, focused on pharma. Electronic arts. Gaming has been front and center in terms of what we have all been up to. We are seeing Electronic Arts seeing the full year 21 1. 6ngs, revenue coming at billion. Romaine doing well on the quarter and guidance. There is an issue of high expectations. Even as you have adjusted revenue coming i
Next, Technology Journalist and robert recount on the use of designing technology to increase usage in the book user friendly. The hello, friends. You only have to deal with me for about two minutes. I am the cofounder of postflig postflight, the place where you are right now, the company that builds software and all kinds of stuff. Beautiful website at postlight. Com. [inaudible] he asks me why im late on delivering the book and since they are so relevant to what we do here so you are seeing guilt and shame in front of you. [laughter] but with the talk of it about who is here. So, cliff kuang is an awardwinning journalist and designer. This is cliffs right here. He was previously the head of companies as was the defining editor. He worked in the u. S. For a company he is very much a practitioner and leader and writer and communicator speak up [inaudible] one of the leading cofounders so theyve written a book called userfriendly and it talks abo about. Its made people less powerful and
Zuckerberg says hes proud of the Progress Facebook is making on Election Security but he is still worried about domestic Information Operations targeting novembers elections and he supports more government regulation also coming up france announces the 1st death in europe from the coronavirus epidemic a Chinese Tourists passes away in a French Hospital as the global death toll of the outbreak surpasses 1500 people but officials from china where the virus started insist the outbreak will soon be over. Im called aspen thanks for joining me World Leaders meeting at the Munich Security Conference have already laid out opposing views on the health of the western Alliance Earlier today u. S. Secretary of state by pump alle rejecting claims that his country is backing away from its role as a global leader. Day 2 of the munich conference one of the main speakers u. S. Secretary of state mike pompei oh he began by contradicting a thesis put forward the day before by german president fine father
Targeting novembers elections in the United States. Trends and is the 1st death in europe from the corona virus after the global death toll of the outbreak has now surpassed 1500. 00 people but officials from china for the virus started insist it will soon be over. The next vice or welcome to the Program World leaders meeting in southern germany have already laid out opposing views on the health of the western Alliance Earlier today u. S. Secretary of state mike pompei it rejected claims that his country is backing away from its role as a global leader. Day 2 of the munich conference one of the main speakers u. S. Secretary of state mike pompei oh he began by contradicting a thesis put forward the day before by german president func father steinmeyer what really winning that the United States rejects the International Community and of quo. Here this morning to tell you the facts im happy to report that the death of the Transatlantic Alliance is grossly over exaggerated that may be but