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CNBC Squawk Alley July 12, 2024

Good friday morning. Were going to kick things off this hour, of course, with tiktok as the president orders downloads of the platform and we chat to be blocked beginning on sunday does this put the oracle deal into jeopardy . We have every angle good morning. What we know right now is the e commerce officials is that as of midnight on sun theyre going t stop people from using the apps. The quality will be degraded pretty quickly it is after the president ial election, carl of course we chat is used for Many Americans to communicate with family back home, also for payments, logistics, and i know you were talking about this perhaps being a bit of a climb down, but we dont really know the implications yet yes there are 19 million we chat users here in america versus 1. 2 billion in china, but we dont know how many of the 19 million users are businesses meanwhile the app will continue to operate as it is. Does it not protect some of ....

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CSPAN2 The Communicators Is Big Tech Too Big July 12, 2024

Apple were virtually on capitol hill for hearing on big tech and at the trust. Thats our discussion this week on the communicators. Joining us is cerebellar who is with the American Economic liberties project. Shes the executive director, and former congresswoman Barbara Comstock two is now a Senior Advisor at Baker Donelson. Sarah miller, the question i always ask quite a bit at the hearing was his big tech too big . What is your answer to that . Guest i think the obvious answer to that is absolutely. The members of the subcommittee, both democrats and republicans really focused in on the power of these corporations over the way that we communicate and the way that we engage in commerce. That was the dominant theme of this hearing, and he also got into the gut ....

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CSPAN The Communicators Is Big Tech Too Big July 12, 2024

Project. She is the executive director there. And former congresswoman barbara comstock, who is now a Senior Advisor at bagel donelson at baker donelson. Big . G tech too what is your answer to that . I think the obvious answer to that is absolutely. ,he members of the subcommittee both the democrats and a number of republicans, really focused in on the power of the separations and the way we communicate and the way we engage. That was a dominant theme of this hearing, and also got into the guts of how these businesses work, how they abuse their dominance, how they engage in predatory behavior, and other affecting everyday families. It was really quite a remarkable hearing. And we saw this just a couple of Mark Zuckerberg, they really had no idea how the corporations work. So this was a pretty remarkable and the Ongo ....

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CSPAN The Communicators Is Big Tech Too Big July 12, 2024

I think the obvious answer to that is absolutely. The members of the subcommittee, both the democrats and a number of republicans, really focused in on the power of the separations and the way we communicate and the way we engage. That was a dominant theme of this hearing, and also got into the guts of how these businesses work, how they abuse their dominance, how they engage in predatory behavior, and other businesses affecting everyday families. It was really quite a remarkable hearing. And we saw this just a couple of years ago, when Mark Zuckerberg, they really had no idea how the corporations work. So this was a pretty remarkable moment and the Ongoing Investigation into monopoly power in general but especially as relates to this. Congresswoman comstock . The gallup has an 18 Approval Rating. A
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CSPAN2 The Communicators Is Big Tech Too Big July 12, 2024

Right, i think the obvious answer to that is absolutely. The members of the subcommittee, both the democrats and a number of the republicans really focused in on the power of these corporations over the way we communicate and the way we engage. That was the dominant theme of the hearing. They also got into the god of how these businesses work and how they use their dominance and how theyre engaged in predatory behavior and how they are hurting other businesses, small, medium and everyday families. It was really quite remarkable hearing, night and day from the hearings that we saw just a couple of years ago when members of congress were grilling Mark Zuckerberg. Yesterday was i think a pretty remarkable moment in the Ongoing Investigation into monopoly power in general, but especially in regards to tech platforms and
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