Gap, set to speak again and the fate of a preelection aid package could come by the end of today. And the race for a cure, moderna saying its experimental covid19 vaccine could be ready for emergency use in december. Carl jim, just crossing the wires now, doj has filed the suit against alphabets google, and heard you talking to becky a moment ago, reiterating what you said for a long time, this lawsuit essentially is a strange kind of value creator. Yeah, look, i mean, arguably theyre saying there are ties to exclusionary business deals that google has done. Look, google has opened the books time and again to the government it is not their first rodeo. They have understood this. If theyre trying to break up google, all theyre trying to do is exactly what ive been hoping for, which is that to bring out the value in google, you have to break it up. So if the department of justice is going that route, theyre a great investment banker. I joke with david, there is situations where the sum o
Said this hearing will her were turned to order and we understand that senator moran is next so sir you are recognized. Chairman wicker thank you very much and thank you for you and senator cantwell hosting this hearing. Let me address initially this topic that seems to be primary today and then that is of data privacy. Let me ask all three witnesses how much money does your company stand annually on content moderation . How many people work in general in the area of content moderation including by private contract . Let me start with those two questions and ultimately want to ask you how much money does your company spend independently on lawsuits for content. See that mr. Zuckerberg do you want to go first . Senator we have more than 35,000 people who work on content and safety review and i believe our budget is multiple billions of dollars a year, upwards of three or maybe even more billion dollars a year which is a greater amount in revenue in the sense that we are spending more on
These high schools and how crowded the hallways can get as they change classes. Does that really allow for social distancing . One question of many that they have. Alameda county has Just Announced that middle schools and high schools can reopen if they have a safety plan. They can reopen in about a week, november 9th. Not this monday, but the next. Oakland and Dublin Schools, theyve already kicked that can down the road saying they wont open until january and it will be the Elementary Schools that open first. The older kids will then still be at home. One parent in fremont is on board with that idea. She has doubts about High Schoolers staying six feet apart. I definitely would want to know what type of safety matters theyll take before kids touch the campus. The hallways are so jam packed, i dont see how yet even if its a modified amount of students, how they can keep them six feet apart, not crowded, you know, not clustered and stuff. Alameda county says one public school, one chart
Big internet companies, that was the worst sector yesterday. Investors bidding those higher into earnings. One note, something that is not different, supporting the idea fundamentally nothing has changed, investors looking past it, we have a lower low on the s p 500. Sharply,ave oil down heading to the worst week since april. Commodities, and wrist asset down in a bait way. David to add one further complicate in fact are, look at the 10 year. We are above 80 basis points again. That is a risk on reaction. How does that fit with commodities . Abigail great question. You have bond selling off. The 10 year yield back in the top part of this years range, suggesting it will make a move for 1 . That will be wrist on because it would mean investors going out of bonds and could also pressure stocks. On the week, bonds are rallying. On the week we have a big haven bid, big haven bid for the dollar. The dow and s p 500 heading for the worst week since march. We also have crude oil down in a big
Coming up in one hour, pittsburgh postgazette julian rao on pennsylvania as a battleground state. More on pennsylvania with susquehanna universitys Nicholas Clark. Host good morning. Well begin this morning with testimony on capitol hill yesterday we from yesterday from the ceos of google, facebook, and twitter. They were asked to talk about their social media influence. We want to know from you this morning, do you think these companies have too much power . Republicans, 202 7488001. Democrats, 202 7488000. Ndependents, 202 7488002 you can also text us with your first name, city and state, at 202 7488003, or post your ,omments on twitter, cspanwj or facebook. Com cspan. This headline about yesterdays ted cruz slams twitter political restrictions. Google, facebook, also face liability. Heres what the senator all what the senator had to say yesterday, questioning jack dorsey, alleging that twitter is biased against conservatives. [video clip] ondid twitter block stories copies of the pr