And well be getting the inside track on signing up online for a box of goodies, which makes you feel and look great. Sounds too good to be true. Today we want to know. Would you pay 1,000 a month for a robot to clean your home or your office . Is it a good idea or a very expensive gimmick . Do you prefer the human touch for much less . Let us know just use the hashtag bbcbizlive hello and welcome to business live. Get in touch as sally says, use the hashtag tojoin the get in touch as sally says, use the hashtag to join the conversation. But First Oil Prices are rising again after tensions in the gulf have escalated. Iran seized a british tanker in the straits of hormuz on friday, and libyas Largest Oil Field declared force majeure after interference by an Unidentified Group shut down production. 21 of all the worlds traded oil passes through the straits of hormuz it is a Critical Energy chokepoint. This morning, theresa may will chair the uk governments Emergency Committee cobra to dis
And the proclaimed arrogance of Silicon Valley. Ripples ceo has called Facebooks Libra pitch to lawmakers somewhat presumptuous. We ask how the controversy is impacting the broader Crypto Market. But first to our top story, it is big techs turn, facebook, tesla, alphabet, all reporting secondquarter earnings. Amazon and alphabet reported results thursday. For alphabet it was all about sales and regulation. Our guests weighed in. If you look at the way google gets revenue, about 85 of revenue at google is coming in from the ad business. I think, given the competition they will be facing, you do not want to be in a spot where you have north of 80 of revenue coming from advertising. So i think that they are going to place a bigger emphasis on the Cloud Business. How much success are they going to have . It is hard to say. They have not been able to get out of that third slot, as you have said. They are facing massive competition against microsoft and amazon, who have had a lot of success
Conference calling to defend the freedom of the press. Those are the headlines this hour you can find more on these and many other stories. For now though its the cards report and if youre in the states you. Because youre this is the guys very poor we are going to maintain their San Francisco great event put on by a big going magazine but a great speaker of great talk about theyre going to fully embracing a new leg of its bull market very exciting action susie yes well you know were in our whole Summer Solutions beginning of that happening were in summer were into la its all like happening and we have this remarkable tweet here and its from another big player because you know this big move that weve seen a big client and its still very volatile and you know you do your own research of course when whenever buying restacking sats as they call it and never invest more than you can afford to lose but here is the latest movement in big. What is quite apparent and has been discussed at this
Restarting next week thathelped things in asia. In europe, its a bit of a mixed picture. The dax up by 0. 1 you do see red arrows for both the cac and the ftse the ftse, well talk more about Boris Johnson who will become the Prime Minister there today ftse now down about 0. 8 stocks are flat in italy and in spain. If you check out the treasury yields here in the United States, you will see this morning the tenyear is yielding 2. 057 the big story of the morning, shares of Big Tech Companies like google, amazon and facebook, theyre under pressure after the u. S. Justice Department Said theyre opening a broad antitrust review of Technology Firms the review was scrutinikru desie if these companies are stifling information and harming consumers. The Justice Department does not name specific companies, but it is likely to encompass google, foos facebook this is the real first shot across the bow by william barr and the doj. You know you have the democrats, you have the republicans also afte
Lawmakers somewhat presumptuous. And, deep fakes. From trump to pelosi to obama to zuckerberg, no one seems to be safe from videos that are so good that you cant tell they are fake. We speak to one company who says they can. Heads of Companies Back in washington on monday. Trumps top Economic Advisor in secretary called a meeting to talk about the trade war with china. One topic stuck out, the fight with huawei and whether the ban should stand. Representatives from microsoft, intel, qualcomm, and more. What is the latest we know about this meeting . Who was there . What was discussed . The meeting was called basically to hear a view from a business perspective. We do hear a lot about the huawei fight from the hawks and the administration and on capitol hill who obviously are in favor of a total decoupling of supply chains. This is a chance for them to make their case of wife huawei should of why huawei should continue selling. The invitation list was pretty broad in terms of companies