We extend a special welcome to our witnesses and thank them for appearing. Remotely all appear this morning. Commissioner noah phillips, commissioner Christine Wilson and rebecca slaughter. This agency was established in 1914 by the federal trade commission act. The fcc is chiefly responsible for protecting consumers from unfair, fraudulent Business Practices in the marketplace, including protecting Consumer Privacy and the security of their data, preventing harmful uses of technology and combating deceptive advertising and illegal robo calls, among other issues. The fcc is also responsible for educating consumers about fraudulent activity and theatory business practice fcc is intended to help prevent americans from falling victim to frauds fraudsters and other actors. Recently discussed, the subcommittee hearing on covid19 scams last month, coronavirus becauseted a new avenue of stayathome orders, a prime target for exploitation. I appreciate the ongoing efforts to protect consumers f
As a people feel that the policy issues of privacy. The commission has been in the spotlight with major cases in the Facebook Cambridge analytical and that youtube settlement and a series of hearings on competition and Consumer Protection in the 21st century with with a lot of that focus with data and privacy. We are fortunate to have with us today to commissioners, rebecca slaughter and christine wilson, both of whom have long background in Public Policy and becca slaughter is on the hill and wilson previously as chief of staff at the commission and both experienced in private law practice and other capacities so i want to jump right into it. Lets begin, if we could with an overview. You started in may of last year, christine in september so you both are about a year on and have experience in cases and hearings. How do you see the privacy we have today . What do you see as the key issues as we move forward . You are the senior commissioner on the panel [laughter] , 18 months of experi
Departmentstice launches its own facebook probe as the social network is the focus of a federal trade commission investigation. Story,st to our top peloton falling 9. 5 percent after raising more than 1 billion in its u. S. Ipo. It is the latest unprofitable startup to struggle in its trading debut, but the ceo john foley remains upbeat about pelotons future. He spoke with jason kelly at the nasdaq. We are playing the long game. Millionsis as building and millions of subscribers around the globe in the coming years. Now we have the money to do that. After fully funded todays primary, so we are feeling confident. When you think about the last couple of days and weeks, you mentioned the market. It is a tricky ipo market, to say the least. Do you have a sense of where the miscalculation was . Fundraiser a eigth fundraiser. There are people who believe, and those who dont. Those who have invested in peloton, they have been very, they will invest in us. You mention fully funded. What will y
An antitrust probe overload. The u. S. Justice department launches its own facebook probe. This, as the social network is already the focus of a federal trade commission investigation. But first to our top story, pellet gun falling as much as 9. 5 after raising more than 1 billion in its u. S. Initial public offering. It is the latest unprofitable startup to struggle in its trading debut, but the ceo john foley remains upbeat about pelotons future. s jason with Bloomberg Kelly at the nasdaq. John we are playing the long game. We see this as building millions and millions of subscribers around the globe in the coming years. Now we have the money to do that. We are fully funded after todays primary, so we are feeling confident. Jason when you think about the last couple of days and weeks, you mentioned the market. It is a tricky ipo market, to say the least. Do you have a sense of where the miscalculation was . Or if there was one . My eights is fundraiser for appellate on. It is a funny
A car bomb attack in southern afghanistan 3 separate explosions went off near Kandahar Police headquarters to attack has been to themselves up and 6 were shot dead by Security Forces at least 89 people have been injured and the taliban has claimed responsibility. Off to the head on aljazeera unlicenced track of the 11 on well tell you what Palestinian Refugee famed temple discrimination against. Donald found supporters repeat his racist comments during his Fast Campaign rallies chants and felting for congresswoman. Elegant a welcome back well this i want to take you down here towards where the western part of on specifically over here towards israel where on wednesday they receive the temperature in saddam about 49. 9 degrees celsius now this broke a record for july in normally of course the temperatures get quite hot they are below sea level but over the next few days they do have heat warnings in effect for much of this area especially in the inland areas as well as the lower lying a