Good afternoon. All here today to a hearing entitled acting americans from covid19 scams protecting americans from covid19 scams. The nation continues to fight the Health Crisis brought on by the covid19 pandemic. In addition to the threat this pandemic poses to americans, the Economic Impact resulting from responsible Public Health protocols have been felt in every corner of the country. It has become clear that preventing practices and dedicated resources including expanding testing capability and the availability of personal protective equipment are absolute necessities to a responsible path forward in extinguishing this Health Crisis. However, during this time of National Emergency and coordinated recovery, there are scam artists that seek to take advantage of consumers, especially the nations most vulnerable communities, like that of our nations seniors. Networks Consumer Reports consumers across the u. S. Reported over 136,000 Different Cases of covid related scams totaling appro
Means, what healthy competition means, julia, in this era that were in my take thus far is that theres been a difficulty applying kind of legacy, antitrust law to technology will new ground get broken here because congress, as we learned in elementary school, makes the laws absolutely. And theres been a lot of talk about the need for new, different types of laws. But jon and carl, what i think is really interesting here is the question of how much of todays hearing will really focus on the antitrust issues, which are the purported focus here, and how much will we hear other criticisms, other questions about the likes of hate speech, manipulation, voter manipulation and the spread of misinformation on these platforms such as, you know, youtube which is owned by google as well as on facebook so i think there are a lot of Different Things at play here. While antitrust will be at the center, carl, dont you think well see this veer off into other directions as well yeah. Thats sort of my qu
Lot going on as stuart did tell you that whole hearing where the tech giants will gather virtually at least. It is parked back maybe half an hour. I was doing back of the napkin guesstimating on their wealth. That is on, i think is worth about 180 billion. Our Charlie Brady follows this thing would know to the penny. I think it is roughly about that. Mark zuckerberg facebook, close to 90 billion, close to 2 billion, tim cook of apple, thanks to appreciation of that stock, he is at around 2 billion. So lets say you were to add all of this. These are numbers. I added it all up. That is 272 billion collectively. These are among the richest men on the planet, particularly when it comes to bezos and zuckerberg. But putting companies combined market cap at north of 5 trillion. If you were to add microsoft to that bunch, microsoft will not be part of this hearing. They represent the five most valuable companies in the world. Isnt that amazing . Youre welcome america. We have this delay. We ha
Protesters in hong kong have been using it to endanger police and with a cattle rancher in brazil who things that dreams are a better long term investment. Program care to give the World Economy a boost well a couple of people in washington could provide some help u. S. And chinese officials are meeting later today to commence their talks over reaching a comprehensive trade deal more than one and a have years ago yes. A trade war was good and easy to win well ever since the worlds 2 top economies have been clashing at various stages of ask hampering Global Growth along the way now they take another shot at resolving the. Its the 13th rhyme just talks and once again the question on everyones mind is will they or wont they make a deal after a 15 month conflict that seen both sides impose hundreds of billions of dollars worth of tyrants the stakes are high. America does not love imposing turf in fact we would prefer not to use but after years of discussions the no action tariffs are final
Primary challengers the three stooges. Trump is on his way to his rally in North Carolina. Hes taking aim at just about everybody and everything. President trump fighting back against the democrats in a brandnew impeachment push. But we break down the big story that will swamp that and could set it back. Irans been net Israels Benjamin Netanyahu says return is lying on its march to the bomb. they found a nuke site . Iran we didnt know about. Tonight the hot debate. How u. S. Courts dictate border policy as a federal judge again blocked the president on asylum restriction. The evening edit starts right now. Reporter liz, President Trump making news oning a range of fronts. He says a meeting with the taliban is off and a meeting with north Korean Leader kim jongun is on. He says well see what happens with north korea. He says kim jongun wants to meet him again. Customs and Border Protection announced a dramatic drop in the number of people entering the country illegally. Down 60 from may