Transparent and also discuss whether to work on military applications for a so basically to give every google project and the proper security and scrutiny really i guess in going over them before they before they approve them along the lines of what you discussed is going on in europe yes so at this point you know for the week that it lasted employees seem to be fine with the idea of this board in general until there was an announcement made about the appointment of Kay Coles James so why was that particular name something that created this huge uprising other than the conservative connection. Well to me its the conservative connection you know the bias against conservatives that we see over and over and over again more than twenty three hundred employees of google signed a petition against her appointment to the panel of keikos james as you said shes president of the very conservative group the Heritage Foundation a very fine group i might add in my opinion the petition called her vocally anti trans an anti l g q also anti immigrant and for good measure a skeptic of Climate Change so there you go everything they want to label most conservatives with and shortly thereafter a board member a professor at Carnegie Mellon last wednesday he quit and another member a professor from oxford said he disagreed with her appointment but he agreed to stay on and a day later no more board the plug was pulled so again this is so strange to me because look if you disagree with someones belief system which obviously is the case here thats one thing but what does that have to do with a development especially if were talking about ethical guidelines what is being someone who does not believe in Climate Change the way that these other people do how does that disqualify you from being allowed to be on this board. Well to me i mean a it looks like just flat out bias against a conservative from a conservative group now you could look at what has happened at google last june google announced it would not renew a contract with the department of defense they were analyzing drone videos to help them be more precise and kill their target better and that was using an ai called project maven that contract expired last month that was not renewed as google promised after the petition and you know the employees basically said keep google out of the business of war and last october google decided it would not bid on a cloud deal called jet i again the u. S. Military involved now there are technical issues with that one but youre seeing a trend know if the military is involved if the u. S. Military is involved and conservatives are involved no good and that said thats a dangerous trend well so lets separate those two things i mean i see what youre saying so that google employees have obviously done this in a couple Different Cases right where theyve spoken up and said we dont want to be a part of these projects but i think you have to kind of parsis just a little bit because certainly the belief that for instance if that technology is being used and people are dying as the result of it i could understand more somebody saying i dont want to be a part of that as opposed to someone saying well i just disagree with this persons overall belief system therefore theyre not entitled to help make decisions about what i should or should not be able to do ill give you the last word here yeah no i agree with you ben one hundred percent that they should be different they should be separate and obviously theyre one is more serious of a matter than the other but i think in the mind of the employees theyre one in the same that shes evil the military providing help with drone strikes is evil and they fit in the same basket full of deplorable is quite possibly and i hate to see the company acquiesce this way to them quite possibly in their minds it is one in the same conservative commentator Steve Malzberg thanks so much for your time. Thank you ben. Well there has been progress thats what were hearing from officials who have wrapped up the latest round of trade talks between the u. S. And china meanwhile china continues to fight another battle this one with the World Trade Organization refusing to give up its special and differential treatment to break it all down were joined by r. T. Correspondent alex made a hell of a choose in toronto right now alex thanks for being with us thank you lets talk a little bit about this the u. S. China trade talks what is the latest here. Well a lot of positive vibes coming out the markets reacted accordingly everybody things look like on the up and up this morning this all happened last week three days up till friday talks between china and the us in washington d. C. So we saw some progress or at least the people that were there were saying so both on the chinese and the on the american side what we heard from the chinese side was theres still various effective means left to handle whatevers coming up now i dont know what that really means i dont think anybody on earth really does its the usual diplomatic talk what it what does it mean to be that theyre going to talk some more ok thats the bottom line and the but it just looks like theres some positive moves have been made Sarah Sanders all right also she came out we know who she is the White House Press secretary she said that is theres significant work remains to be done i think we all knew that this is where its going to stand nobody really expected things to be resolved by this point but they moving forward mean that there was a good mood about this and as i mentioned markets are happy and markets are happy well the governments happy and they were happy as well thinking that things could get better in the upcoming months will this be resolved any time soon thats for them to make up their minds explicitly the u. S. Government to china seems to be on board and moving forward with a lot of things that it did not that people here at least in when the western world thought that china you know this is one of those country you dont think is going to budge well its budge its bunch of the direction that President Trumps wanted to it to budge and i think if the americans show a little bit of flexibility this could move forward a lot quicker than slower yes a president is getting more than a lot of folks thought that he would i mean its just its been a slow creep as youre mentioning you know as long as markets are happy its unlikely that theyll need to speed anything up right because as he said everyones happy but one area where the u. S. And china are kind of going toe to toe here within the china does not want to give up its special status and the u. S. Doesnt like that is that correct. That battlefront number two us so that this has a wholesale trade obviously we know its a Massive Organization and President Trump for ages about spoken about it that it needs massive changes and they need to play or create a level Playing Field between nations now china doesnt like talk very much neither do a lot of countries heres a map just to give you an idea of whats happening here were looking at seventy five percent or three quarters of all countries that are part of the World Trade Organization its members well they take advantage of something called basically that theyre developing nations theyre saying that theyre all developing nations of the with that they get special status that china in chinas eyes and the w t o z is a developing nation yeah theyre the second biggest market in the world yeah theyre the first biggest one country when it comes to export but theyre a developing nation according to china so where does that where does that bring us basically thats the status of special and differential treatment that china has what that means it enables china basically to provide subsidies in agriculture and set higher barriers to market entry which we know of and thats what a lot of people are complaining about especially the u. S. When it comes to getting into the Chinese Market when it comes to technology when it comes to all these other things we know the way that china works up to now a lot of people complain about that is that if you bring in technology to try to what they want to piece of that to something also that the u. S. And china are discussing between themselves but as it stands right now with the w t o china saying you know what weve got some people on board with us and that includes india also a developing nation happens to be the worlds biggest economy countries like venezuela so they want to fight this fight the u. S. Is saying come on lets be fair here surprisingly china to a certain degree is ok we kind of get your argument but we still want our cake and eat it too so that well see how this moves forward and we talk about seventy five percent of the countries in the. Status its going to be an uphill battle for president yeah that technology you mentioned thats why so Many Companies dont want to bring their technique. You always want to piece of it are to correspondent alex the hell of it i think i stepped on your name the first time thanks so much appreciate you feel here thank you. There is a major media merger news out of the us today Gizmodo Media Group they have been bought from Univision Communications by the private equity firm great deal partners gizmodo owns well known english language online social sites including the sports blog deadspin the humor site the onion which touts itself as americas finest news source its a news parody site though some might say that gizmodo is to univision paid one hundred thirty five Million Dollars for the Gizmodo Group of Media Properties back in two thousand and fifteen the sale price in the latest transfer for the former Gawker Media Group has not been disclosed that choice by the parties to the sale suggests that the great deal is acquiring gizmodo at a substantial discount from the price paid by univision while the internet has taken over much of our media making a profit has been difficult for a lot of media sites they struggle to adapt old models to new advertising platforms that are frankly dominated and controlled by both google and facebook. With time now for a quick break but dont go away because when we come back boeing stock is in a nosedive after news that the seven thirty seven max production has been slashed already correspondent Rachel Blevins breaks it down for us. Plus is the right cheery moment fading or is it growing into something new hilary ford which will explain the future of funding for these companies and as we go to break here are the numbers at the closing bell. U. S. Veterans who come back from war often tell the same stories. Were going after the people who were killing civilians they were not interested in the wellbeing of their own soldiers. Theyre already several generations of them so i just got this memo from a search that says were going to attack and destroy their governments and seven countries in five years americans pay for the wars with their money others with their lives if we were willing to go into harms way and willing to risk being killed for a war surely we can risk some discomfort for an easy or. More do good is an outstanding person because he took on the most powerful agency in this county or youll be to stay if you look at it from the analogy. Marc was the day that when he was. Going to has been the most contentious critic for a year is the first time i noticed something wasnt right in these were pretty much when i first started the corruption in Palm Beach County is not something that you can smell or. Its a nod and a wink it wasnt what i wanted to do. More than this tell me then some states have had a collective thing to go and went to this website began featuring the comments about the sheriffs wife and. Wash and you know we should stop then you should let me stop i believe what im doing ok you know its your funeral. P. B. S. The crew. Dude in this house. I snuck out of the United States. Into russia political slime. Men they know bad wolf. Join me everything on the all excitement chill and ill be speaking to us of the world of politics sport this list im showbusiness ill see that. What politicians do. I put themselves on the line to get accepted or rejected. So when you want to be president or injury. Or somehow want to. Have to go right to the press its like well before three in the morning cant be good but im interested always in the waters of our. Question. This drug where her cocaine is worth four bucks for the under fifty its the everybody use cocaine crack cocaine you can smoke it this is worth fifteen thirty. Twenty. Score came to this is about a fifteen dollar bet and people smoke this one i got figures this we you can find these drugs in any city any United States that you want and long as you want to get it about the. I make money. And thats what i do every day. Welcome back there is yet another teachers strike making news today this time not in a major u. S. City but nationwide and in poland polish teachers represented by two major unions are now on strike after a week in talks with the government over their demands for a monthly raise of about two hundred sixty dollars produced no movement at all a smaller third union settled for a fifteen percent raise a leader of the z n p union touted the strike as polands biggest since one thousand nine hundred three claiming eighty percent of polish classrooms will be affected by the labor action. The ruling law and Justice Party is under pressure to follow through with pledges made in the ongoing election campaigns to increase education spending while keeping budget deficits under the European Unions preferred limit of three percent of g. D. P. The Rating Agency fitch has estimated that the ruling partys Campaign Proposals if enacted would push that figure close to the limit at two point eight percent. The brazilian business classes High Expectations for the presidency of shareable so narrow may be coming down to ground level after hearing on the president s pension reform proposals became a verbal brawl the brazilian economy minister and a legislator from the Opposition Workers Party traded insults as they attempted to debate mr bolton our us policy proposals the scene seemed to be escalating toward a fistfight at one point when the minister was removed from the hearing room those policies would include raising the brazilian retirement age for women from sixty to sixty two and the minimum required years of work fifteen to ten while taking bigger contribution cuts out of work or paychecks brazils investor class has made it clear that they expect ableson r. O. Presidency to declare her to deliver clear pension cuts but the fierce opposition and the ministers impolite response to the heckling raises questions about whether or not that project is even feasible. Or boeing has announced plans to cut back production of the seven thirty seven max aircraft after researchers found mechanical problems in two major deadly crashes that killed a total of three hundred forty six people we reported on that first lawsuit over that the second of those crashes the Ethiopian Airlines flight three zero two was filed last week in chicago filed by the family of one of those who died a Public Health researcher who died in the crash Rachael Blevins reports on the latest fallout for boeing as its stock loses. Boeings troubles dont appear to be going anywhere anytime soon and they now include a lack of trust from the public and a lack of confidence from investors but owing stock has continued to plunge dropping nearly four percent in early trading on monday as experts began to conclude that the company has problems with its boeing seven thirty seven max jet are worse than previously thought a preliminary report has been released in one of the two deadly crashes involving the aircraft that have occurred in just the last six months is shows that the crew on board followed all of the instructions from boeing and did everything in their power to prevent the plane from crashing but they were not able to overcome its mechanical problems in response boeing c. E. O. Is now admitting that the Flight Control system on the seven thirty seven max had significant problems that led to the fatal crash is the full details of what happened in these two accidents will be issued by the government authorities in the final report but with the release of the preliminary report of the Ethiopian Airlines flight three zero two accident investigation its apparent that in both flights the maneuvering characteristics augmentation system known as an cas activated in response to erroneous angle of attack information boeing officials have claimed they are working to update the Plane Software to ensure that the problem is corrected until those updates are approved and verified by aviation authorities boeing plans to cut back on production of the seven thirty seven max starting this month but it should be noted that instead of producing fifty two jets per month boeing plans to produce forty two small decrease that has led to many with questions about whether boeing is doing enough the companys standards have also been called into question after reports revealed that the planes involved in the deadly crashes lacked the features that could have helped the crew when the flight system started malfunctioning both in angle of attack. Her and disagree right which would have alerted the crew to problems that the plane sensors were not included because boeing charged extra and because they were not required by aviation authorities the families of the nearly three hundred fifty victims who were killed in the crashes are now left with countless questions they have started to File Lawsuits against boeing arguing that the company should have done more to prevent these deadly crashes so with a decrease in production a number of lengthy and costly lawsuits and a lack of trust from the public boeing could be facing an uncertain future as hundreds of grieving families struggle to move forward with very few answers in washington rachel glove and our c. Well there is no question that Ride Sharing Services have completely changed the way that we all live and work and even play goober did this through something called the blue ocean theory have you heard of this instead of competing in the red ocean where all the sharks fight each other over establish space they went out into the blue ocean and created an entirely new space well it was blue now the ride sharing frenzy is here and with increased competition popping up pretty much every day in fact one of the newest competitors in the now red ocean of ride sharing is grab a southeast the Southeast Asian tech giant known for a ranger transport focus Services Including haley ride sharing food delivery and logistics theyre basically a little bit of everything and greg is now fully around raising another one point five billion dollars from soft thing taking it series age round to an incredible four point five billion dollars joining me now to discuss hillary ford which the c. E. O. Of stroke mark hilary thanks for being here youve been so grab blitzer here position is kind of the evolution of the right sherry market right adding a little bit of everything to what it is kind of becoming the all that one app is that. Its drawing so much interest from major investors were talking about you know microsoft toyota hyundai these are small groups of god and on board with wright with the amount theyve raised of course theyre not small absolutely you know what theyre looking to do then if theyre looking to be the super and that is they want to be the app for everything what they want to own it right now and then probably it will be the entire world they want those six hundred million sets of eyeballs in asia so you know how many that is obviously and what they want is this will be when you look at your phone every aspect of ecommerce from banking food ordering as you just mentioned and right share thats what theyre trying to do become a super so its no wonder that everybody else is wanting to get in on the action and be one of the investors and of course when you have a an entity like goober that came along with way beyond i think everyones expectations were out of the group of the but he moved. Nobody wants to get left behind on this one yet and of course Everyone Wants to be a super not sure you can necessarily pull that off but i would want to be thats what they want to be yes absolutely when you look at look at the reason i lift i mean in some ways its somewhat you know there are nuances to it i would say and i would say that you look at this you look at the fact that this is the first time really with this i. P. O. With a lift its the first time weve really been able to look under the hood nobody really knew the Business Model of how these righteous Services Made money you know when you get into it when Everybody Knows you pay for it you pay for it by the hour you pay for your ride but what is the profitability behind these services and these Public Transportation services under the hood means we get to see how they operate and how they get to make their profits and think about facebook i mean nobody really knew how to facebook make their money without giving everything for free then we learned with the consumer wow with a product so thats what the little bit of the the interest here is the sea under the hood now there are investor jitters i mean if you look at pinterest of course the year of the i. P. O. Somewhat now come out a little bit of a shock it was in two thousand and seventeen valued twelve billion right now they said actually just today they coming out at fifty. Seventeen dollars a share do the math and that comes out at Something Like eleven point three billion which of course is a bit lower but is the reason part of the scare off or what just happened with lifted me lift trading at seventy five dollars a drop this exact right even today its down was another three percent from that initial offered price so is that a realism that some of these other companies are looking at Tech Companies and say look we thought that we could shoot the moon but i cant so how are we going to really protect investors who are stepping in the beginning of the i. P. O. s when you say cant the real cant. But know the comet is what is the scale ability what is it thats what everybody is looking at looking at scale ability theyre looking at the profit actual Business Model what is the Business Model behind this what i would actually say is i would say look at two things and two aspects is sort of like these these these contradictory polar forces that are pulling at each other on the one hand no one including you mean no one wants to miss out on the opportunities we did like you know whos investing in google initially and microsoft and dont forget of course you have Warren Buffett was famous for saying if i cant touch it feel it dont understand im not investing in it so a lot of us used to feel like that and we missed out now we are also and all the major investors are the generation that remembers that dot com bust and i think those are the polar forces band that are at work here one thousand nine hundred forty two thousand we saw that big bubble exploded we saw the dot com bust and investors have jitters based on those two polar forces obviously the dot com bust a little bit different than some of these you make a good point but different than some of these actual companies for instance right sherene company right has a very tangible product even though you cant really hold hands of a product like we said we we dont know the profit model thats what i was under the hood its the first time ben you tell me nobody knew and just think about it you know pinterest is losing sixty three million a year which is nothing in the industry sixty million for me not to you is a right of it to me but sixty three million ben is nothing in what these companies a losing Everybody Knows that jeff bezos was able to hold out and he. Was able to hold out for long enough to give everything away all those books to free so everybody now their automatic reflex is to go on to amazon to read things that is the question how long can it invest the stomach the losses pinterest well about thirty seconds up a pinterest is a little different to me support some things Tech Companies because im not sure how theyre there monetizing any of it and how they have a driving advertising mainly to the major the bulk of their income gap that is still missing could think of three million youre still trying to compete also with the giants like google and facebook will work on lock down so much advertising so that youre trying to wedge your way in to the red ocean i get why you know about the yeah absolutely hillary for which they do you is so much for being here great insight. And that is the bus for today now remember you can catch boom bust on direct t. V. Channel three twenty one dish network or streaming twenty four seven on the put out t. V. Ad the free t. V. Channel one thirty two there or as always you can to hit us up at youtube dot com slash boom bust r t well see you next time. Proves that you dont need Interest Rates above zero you dont need capital you dont need savings you dont need. You dont need inflation so people like United States are saying like well why cant we just be like you. When you should be like you know its this you do. You do this because what do you manage to do with it which is. A choice you just want to do and. You think it was my. Choice i probably. Put it. To libya. Its on what was performed to fulfill. Their full support school board of these clinics one of the was a good cause the. Machine and all my if they be smeared. All over. The photo someone interview me because of the old style if you will eighty. After the previous stage of my career was over everyone wondered what i was going to do next the bob different clubs on one hand it is logical to surf on fields where everything is familiar on the other a want of a new challenge and a fresh perspective from time used to surprising. Or not if you think. Im going to talk about football not the or else you can think i was going to go. By the way ways of the fly here. U. S. Veterans who come back from war often tell the same stories. Were going after the people who were killing civilians they were not interested in the wellbeing of their own soldiers either there already several generations of them so i just got this memo from the circulated benches officer says were going to attack and destroy the government and in seven countries in five years americans pay for the wars with their money others with their lives if we were willing to go into harms way and willing to risk being killed for a war and surely we can risk some discomfort or uneasiness for. The search time tensions ramp up between the United States and iran surround brands of american troops in the region as terrorists in response to washington slapping the same label around revolutionary guard weve got reaction for you movie was welcomed in the first of the first reaction really Prime Minister Benjamin Netanyahu heat to today also the news from other recent close race in the general election this tuesday well tell you all about. The toughest internet laws in the world thats the claim with the u. K. Government with plans for a new watchdog to regulate the web. The era of social media firms regulation themselves is over its time to do things differently its time to keep our children