Facebook we chat all of them. With algorithms on that one more than just uses all customers will these businesses see what generations of donna they need us to like them for them to be indispensable because the more that we use them the more we produce in the midst of a great race and Big Tech Companies are on the chase. For the past 3 years academics nichol dri analysts have been investigating a phenomenon they call datta colonialism. While the modes scales in context may have changed they say colonialism same underlying functions of empire building extraction and appropriation remain the new lang grab going on theres not land thats being grabbed its us its human life the acquisition the construction of data valuable data for corporate use out of the flow of our lives thats the lag right going on and thats why the workload is the only work that does justice to that lets think for instance of all the and use her license agreements or the terms of use that we read whenever we sign up fo
Their lack of certain results or the lack of an economic structure suggested to the colonizes that they needed to be called in the eyes they needed to have whatever the colonial system would offer them to bind them in. Free basics is just one of facebooks many initiatives across africa. Facebooks latest push here in kenya is called express why 5 companies teamed up with local Internet Service providers to install why 5 hotspots like here in the mass i town of to get on the outskirts of my neighborhood. Jerry nimble c. E. O. Is a hairdresser who signed up as of into facebooks express wife and he gets a commission on every dot a bundle he sells his customers say they look like they do his 1st book because even myself i use it im a friend of the bunch of people that you brought. Compared to other networks you get a 501100 in business for free yeah. And you finally. Yes they do they find it cheaper to fund it and then the doctors dont express why fly has been an undeniable success here it
The Committee Welcomes order. Witnesses. Me the we are here to have testimony from a range of industries that tell us about the importance of the United States, mexico, Canada Agreement and we prefer that to usmca. Fromok forward to hearing witnesses about the significance of the agreement to American Business both small and large, the workers and farmers we all represent. Thank you for being here. Canada, and mexico, our countrys most important trading partners. Americasone third of merchandising went to mexico and canada. Nearly half 1 trillion in American Goods the year. The foundation of our strong praise relationship with mexico and canada has been thus far nafta. The United States negotiated and agreement between 1990 1993 and at the time it was a Gold Standard of trade agreements. It enabled American Businesses, workers, farmers and ranchers is andanges without tariffs nontariff barriers and for decades, burdened our ability to compete in those two countries. Andourse, the u. S.
Right now. Lets get it started lets get it started in here good monday morning and welcome to Worldwide Exchange im dominic chu in for Brian Sullivan today here is how your money and the Global Markets are setting their day up, at least to start. Stock futures indicating the dow will open by about 215 points. The s p up by 23 and the nasdaq up by 61 points as well. The bond market right now is already in focus because yields are creeping higher. The yield on the tenyear treasury note right now currently just around 1. 61 . The twoyear note yield 1. 53 . So for those keeping score, that eight basis point spread between the two getting wider after an inversion that briefly happened over the course of the last couple weeks lets go worldwide now in asian trading, Central Banks in china unveiled an Interest Rate reform aimed at helping Lower Borrowing cost for chinesebased companies. That in turn helped send the entire market in asia higher the shanghai composite up by over 2 . The hang son
Plus, facebook marching forward with at least one ftc settlement in its rearview mirror. The Company Posted secondquarter results, shares are up more than 50 this year as most of wall street says fundamentals remain strong. Tesla resorts secondquarter results, the ev maker misses on cutting losses and wall street reacts. We will break down what went wrong and right. Our top story, facebook out with secondquarter earnings, proving the company can grow advertising and users while feeling the heat from regulators worldwide. Hours after facebook announced a settlement with the u. S. Federal trade commission to end a probe into the privacy policies, the company confirmed it is being investigated by the ftc on antitrust as well. Facebook was alerted to the investigation in june but is just now sharing the news with investors. This as growth in revenue and daily active users Beat Estimates but with its reputation continually under assault, how . To discuss, we are joined by the marketers. Dav