And experts warn too much celebration could trigger a 2nd coronavirus wait. Welcome to the business i want to get jones and berlin good to have you with us the United States and to google i headed to Court Washington has filed an antitrust lawsuit against google accusing the company of illegally using its market power against its competitors the government says google has borge its success by paying a mobile phone makers and others to make it the default search that engine google controls about 90 percent of global web searches its the biggest challenge the u. S. Has launched against the Tech Companies and a landmark case against microsoft and that was back in 1998. So lets get some analysis on this now from our financial correspondent Chelsea Delaney in frankfurt chelsea. Please tell me i mean so what exactly is illegal about googles business model. Its no surprise that google is seen as a monopoly here but what the government is alleging is illegal is the way that google has attained
It it is 11 00 a. M. On wall street and squawk alley is live snap what a happy sound snap is the happiest sound ive found tap slap but snap makes the world go round snap crackle pop rice crackle makes the world go round i insist that pop is the sound well get to snaps pop in a moment, but first welcome to squawk alley. Im Caro Quintanilla with john for the and kristen boorstin snap is exceeding its first day of trade, 38 and change. Netflix going the opposite direction. Were going to discuss netflix first. Good morning good to see you. Good morning, carl. You said investors who are looking at this print are going to struggle to find negatives. Yeah, there really wasnt anything to dislike. Weve had advertising pullback during covid and now were seeing the snap back across the board. We think this is going to help facebook, twitter, a number of the advertising related names, the User Engagement was high you can do anecdotal surveys of all of our kids around the community here and theyre
Im Catherine Heenan Vicki Liviakis has the night off. The video shared on social Media Thursday shows the woman calling the Asian American worker a derogatory term upsetting other customers kron fours dan thorn talked to the man who shot the video. He joins us live in los altos tonight with more dan. Well Catherine Grant this man tells me that he was angry by what he was seeing and what he was hearing. This woman say to this post office worker. The woman was already out of line for yelling at this woman, but then she used to racial slurs and he and other customers in the post office jump to this workers defense. And a now viral video a racist outburst is caught on camera in los altos its like the 30 year the woman in the video during her angry rant pearls and antiasian slur at a post Office Employee. Wall i didnt think it would escalate swear was about moving to time but then. She was just she started cursing i was like ok here we go its not acceptable huyler brumfield is the man heard
Getting tested, so the Positivity Rate is just above 5 . The governor implored californians to help protect each other. I dont care what your political stripe is or background is, Everybody Needs to be loved and everybody loves. So you know what . Everybody cares about somebody. And somebody else. If thats the case, demonstrate it. Reporter as far as hospital capacity, the covid19 cases account for 8 in the state and 30 of i. C. U. Beds are filled with coronavirus patients. We have more Surge Capacity for the hospitals if necessary. And theyre ramping up Contact Tracing and on track to have the goal of 10,000 contact tracers trained by july 1st. Back to you. Thank you. And the governor noted the importance of Early Warning systems after a 5. 8 magnitude quake jolted the eastern sierra. Some of you may have gotten the alerts. Reports came in around 10 40 mt. Ande are hours awa from a vote that could end policing in Oakland Schools. Theres a rally right now in front of the Administration
Host joining us on newsmakers is Ellen Weintraub. She is the chair of the federal election commission. Joining us here for the questioning is Maggie Severns, reporter for politico. And michelle ye hee lee, who covers money and politics for the Washington Post. To both of you, thanks for being with us. Chairman weintraub, thank you for joining us. Let me begin with the enforcement mechanism that the fec has. You do not have a quorum. You do not have a majority. So what type of authority, what type of power do you have in enforcing fec laws . Chair weintraub well, the laws will be enforced, they are just not going to be enforced right now. There is a five year statute of limitations. No one should be under any illusions that if they do something now because of a lack of quorum, there will not be any enforcement. It is unfortunate we dont have a quorum. It is inexcusable, in my view. We had two commissioners who resigned, one two years ago, another almost two years ago. Those seats were n