Good friday morning. Were going to kick things off this hour, of course, with tiktok as the president orders downloads of the platform and we chat to be blocked beginning on sunday does this put the oracle deal into jeopardy . We have every angle good morning. What we know right now is the e commerce officials is that as of midnight on sun theyre going t stop people from using the apps. The quality will be degraded pretty quickly it is after the president ial election, carl of course we chat is used for Many Americans to communicate with family back home, also for payments, logistics, and i know you were talking about this perhaps being a bit of a climb down, but we dont really know the implications yet yes there are 19 million we chat users here in america versus 1. 2 billion in china, but we dont know how many of the 19 million users are businesses meanwhile the app will continue to operate as it is. Does it not protect some of the bigger american businesses like starbucks and disney
1 ,s p up by nine tens of tech leading the charge. European markets underperforming but the ftse 100 pushing on gains over the last hour. Most european markets gained early than flatlining into the afternoon. We are seeing a bit of a return to the dollar this afternoon, still trading at the 118. 119 earlier on and security markets continue to be in focus as the ecb suggests there may be rates that could be cut further. Lets start off our conversation on the u. K. Labor market which took a turn for the worse in july. Total job losses climbed to nearly 700,000 since the start of the pandemic. Tois considering plans support jobs as per the government cost Furlough Program ending next month. Businesses need support which is why many of the intervention we have put in place lasts the last through the next year. I have not hesitated to act and create effective ways to support jobs and employment and we will continue to do so. From brusselsg us is Vincent Juvyns from jp morgan. Sunak may be s
Bill gates weighed in earlier. I think over time the tech world is naturally very, very competitive. Im not saying that the authorities have to be totally l laze fair, but they will have to come into the space. It is 2020, folks, bill gates weighing in on other people es antitrust issues. That is weird for me to see them talking about it i think he love its, this is the time of his life i also think, and i wonder your thoughts on this. Were in an environment where too many people are pointing fingering at big tech for what are government shortcomings. It is like blaming Car Companies for polluting when you dont have emission standards a or you have not creating the epa yet. Thats right i think it has not been a focus for a long time this is the first time in 50 years and congress has not been paying attention to this or this industry which has Network Effects and scaling effects. This a pretty good turning point. Were talking about this being heat on big tech, but this should be heat o
Televised and have a lot of media attention. Its really cool not only for us, but just for Womens Basketball as a whole. Heres the key. We now have to build a ban that we have to make sure we have the right games being televised. Of course, almost every games televised now, but we have to make sure that we dont become complacent. The works not done. You have to keep doing it yeah. I tell you what guys im so excited not only for the menn bottle for filling out the brackets, everything, but the womens tournaments going to be incredible. Two with caitlin clark, lsu, can they make another run . Loved this time of year . Love your excitement. Thats awesome. Badness. March madness cannot wait here. Thank you so much. Appreciate it. All right. Sauer. Of cnn this morning starts right now hello. Hello welcome everyone. And good morning. Welcome to cnn this morning. And our new set, of course, studio h. It is saturday, march 16, id amro walker and im Danny Freeman in for victor blackwell, whos t
Actually pushed back and yell back at the president. And what could be a very tense speech at the same time, democrats view this speech is very high stakes. They see the poll numbers, they see people concerned about the president s age and fitness for office. And some hope that his speech tonight will reassure those skeptical voters are you worried that the age issue though, is significant liability for him theres nothing joe biden can do to change the numbers after his name . What he can do is be a sharp, funny, aggressive, real presence, authentic, and peoples minds. I dont know if an old white guy can come out and say hes not an old white guy, right . You are who you are. Well, if hes a liar, he should be called out. Well see how he how he talks tonight. And then ill decide then of course, Marjorie Taylor greene was one of those republicans who did you yell loud ad joe biden last week calling it last year, calling him a liar on the house for making very clear there that she is not a