Slightly lower. S p 500, nasdaq higher on earnings. Lori rothman with me from the floor of new york stock exchange. Lori . Deirdre all right we got the gross domestic product. Not all that exciting but the fed looks at these things. 2. 4 expansion pace is already, certainly not terrible but likely for the fed to stay on course and raise rates in september. Why we saw stocks flipflopping. The gains and losses. A mixed picture with the dow off five points. Nasdaq up 17. Call the broad market average flat. After the bell it has been all about earnings. We had better than expected reports from social Media Companies like links inn, expedia, travel website, Electronic Arts the gaming company. Linkedin is a dramatic story here. After the bell when the report was released it was better than expected top and bottom line report. All of their products were going gangbusters. We saw shares up as much as 13 . Now theyre virtually flat, only up marginally. Likely because a lost subscription growth
Overall evenings discourse about a 50 minute podcast and also a radio broadcast, and because of that we will do bits of production in front of you. You will see me say things like that i will be right back, but i wont go anywhere. [laughter] i will still be here. The other part of it is we will take breaks and i will ask for your entirely spontaneous applause, for the atmospherics. I want to introduce the debaters, etc. I will let you know ahead of time i will be making that request. We dont have an applause sign. It is going like this. If you see that, play your hands together. Lets do that right now. Lets have one more round of applause. [applause] in a time when Companies Like amazon and google and facebook are piling up mountains of data about us, the one place left in our digital lives where true privacy can be found exist oddly enough on our smartphones, which are designed so when you put the phone on lock, no one can get past its encryption, not even apple with the iphone or goo
Individual subscriber by going to a court and obtaining a court order and allowing the subscriber to raise whatever objections they have before the court. Its interesting that some of the testimony thats been given here and i think its very concerning from some issues of anecdotal evidence and real evidence and discussions especially on the s. E. C. Side when youre, you know, giving the your own report saying youre doing more than youve ever done here yet without this by choice or by decision however you want to do it. Mr. Calabrese, one last question for you because my time is now over. But in dissent from the ftc request the civil agency carveout they wrote im not convinced this authority is necessary to maintain the commissions effectiveness as a law enforce the agency now or in cases we can foresee. I am concerned that the civil authorities to obtain content from ecpa providers can have the potential to lead to invasions of individual privacy and in some circumstances may be uncons
Heritage foundation and whether it can prevent attacks by isis and al qaeda. They also discussed the San Bernardino shootings. Announcer we have about an hour and a half scheduled for this event. I would like our panelists to speak about their area and then we will have time for questions and discussion at the end. End. So if you have questions, please keep those in mind. I will come back up after panelists talk and then i will recognize people. We have microphones, so if you would wait for a microphone, before you ask your question. Just state your name and affiliation. Hopefully, we will have plenty of time for a great exchange. I really believe there will be so many things worth talking about. This is something i have really wanted to do for a long time. When president obama first came into office, they first asked me and other analysts about what was changing. We used to joke and say it is kind of bushlike. In many ways, you see many of the instruments and practices that the Obama
The idea was to similar late a cyber attack at the National Security council or cabinet level and see how the United States would react. Stuart baker who was always selling his book skating on stilts, which is a great book if you havent read it, who was playing the white house cyber czar started pounding on the table saying if the attorney general doesn have the authorities, should go and find the authorities four yearings late later, im not sure that weve gone and found the securities. But something has finally changed. The president pushing new proposals seems that maybe we turned the corner and were going to see changes when it comes to Cyber Security. I know in trying to move it it took a cyber attack on a show to get things to start changing. Youve surely read and learned from hr art kal. She knows more on cyber issues than 95 of the policymakers in washington. Its probably 96 . With that, let moe turn it over to ellen. Thank you very much, blaze. And thanks to the Bipartisan Poli