Good morning welcome to squawk box. Im becky quick with joe kernen and Andrew Ross Sorkin weve been on a bit of a winning streak up four days in a row. Yesterday the dow was up this morning, you are seeing a little pull back dow down s p down and nasdaq off by 172 yesterday, Goldman Sachs helped. Good news from moderna godm goldman came out with much better numbers than anticipated. Also looking at the trezy yield. The 10year is sitting about 0. 622 good morning. As joe mentioned earlier the twitter shares are lower after the company showed dozens of users were part of a twitter hack targeting some employees who had access to systems and tools. Among those hacked joe biden, jeff bezos, bill gates, elon musk all telling users to send massive amounts of bit koip to an address they are diagnosing the problem and will share everything once the picture becomes more clear if they got in through employees with tools and access to accounts that raises questions about security procedures at tho
This is the us the one business show you cant afford to miss something. In washington coming up a former Morgan Stanley chairman says the u. S. Dollar will almost certainly crash thanks to Government Debt and right now more than ever and as we look at our church reopen well tell you just how much money is that stake and what both pandemic hollywood may look like have a packed show for you today so lets go and dive right in. Big news for one of the Fastest Growing messaging companies in the world as russia has now officially lifted the ban on the private messaging Service Telegram russian Officials Say the ban was lifted after the company showed willingness to help with counterterrorism efforts telegram is a messaging company with over 400000000 active monthly users and it had been banned in russia. 20 teen Communications Watchdog common a odd source said in a statement ross codd the war is dropping its demands to restrict access to Telegram Messenger in agreement with russias general P
Monthly active users which is more than double what it was just about 2 years ago now is this ban a simple or simple just to losing a fight. It was a losing fight from the start really it was very similar to chinas restrictions when it came to blocking certain sites i just facebook this ban was also pretty ineffective as vendors point out russian continue to find ways to use telegram and over the course of this 2 year ban telegram actually increased its user base in russia from 10. 00 to 30000000. 00 users and it wasnt just because russian users were that tech savvy to be able to find ways to proxy in and around it telegram was actually also quite smart about it and use a technique called domain fronting in order to get around the block for the 2 years now this method essentially host a service on another companys system such as google and amazon and effectively hides the traffic sources so as a result walk telegraph and turn to look use google and amazon holsteins there is it so it lo
Completely in effect of in all about 15800000 i view addresses were being blocked out including accounts on amazon and google clouds it was severely affecting russian businesses but heres the most interesting part of it even though this ban has been in effect for 2 years there are 2 years that the russian government has said you cannot use telegram because it is a dangerous system to be used even though that was happening in russian government had accounts on telegram including the Russian Foreign ministry and the Coronavirus Task force in russia they all have official telegram channels so we you know when youre losing this thing by attrition when you place a ban on using a Certain Service and then government into a force to use that service because so many people are on it thats a very interesting you say that ben being a little little hypocritical would you that im banning people from using it yet the government using themselves. Could sound a little familiar christi we know that tel
Combating extremism it had much more to do with the fact that this ban on telegram was completely ineffective and all about 15800000 dresses were being blocked out including accounts on amazon and google clouds it was severely affecting russian businesses but heres the most interesting part of it even though this ban has been in effect for 2 years there are 2 years that the russian government has said you cannot use telegram because it is a dangerous system to be used even though that was happening russian government had accounts on telegram including the Russian Foreign ministry and the Coronavirus Task force in russia they all have official telegram channels so we you know when youre losing this thing by attrition when you place a ban on using a Certain Service and the government into d. s are forced to use that service because so many people are on it thats a very interesting you say that. Being a little well have a critical would you that banning people from using it yet the govern