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Global news 24 hours a day, powered by more than 2700 journalists and analysts in over 120 countries. Im a alisa parenti. This is bloomberg and bloomberg technology, with emily chang is next. Emily im emily chang. And this is bloomberg technology. Coming up, more fallout spreading through technology here in microsoft says it has a fix, but it may impact performance. Last, more highlights from our coverage on the ground. You will hear from carlos ghosn, ceo of Renault Nissan and sony a satellite launch from spacex, the satellite goes missing. First to our lead. The continued followup fallout concerning the micro sit microsoft chip flaw, may. Ignificantly slowdown servers suggested slowdowns could be more substantial than indicated. Also temporarily areended updates that freezing or not booting up as a result of the fix. Intel ceo tried to assure people that there data would be safe. Security is job number one for intel and our indu ....
American diplomatic personnel in cuba and is investigating unexplained incidents in havana. A new fbi report says theres no evidence supporting the initial theory of a sonic weapon being used. Pope francis delivered a message of peace to the people of chile and peru ahead of his visit to those nations later this month. History of is expected to cover issues important to francis poverty, migration, and the environment. It will be his 22nd foreign visit in the 25th and the fifth to his home continent. Im a alisa parenti. This is bloomberg and bloomberg ishnology with emily chang next. Emily im emily chang. And this is bloomberg technology. Coming up, more fallout spreadinghip flaws through technology. Microsoft says it has a fix, but it may impact performance. Plus, more highlights from our. Overage and up, up, and away. An ultra secret satellite launched by spacex goes missing. How big of a setback is this for their ambitious 2018 schedule . First, to our lead. The continued fallout ove ....
[inaudible conversations] calling to order the subcommittee of vacations and technology. Good morning and welcome to first hearing of the 114 congress. I can think of no issue within our jurisdiction thats more important to consider at this time in the future of the internet and our responsibility as legislators to set internet policy for the country. Thats why we have put forward draft legislation to provide consumers the protections they deserve while not choking off investment and innovation. We have shared this draft out with both sides of allen made it available probably invited our Witnesses Today to give us their views on this draft proposal and i thank all of our witnesses for their participation. With a very important choice to make between letting three very smart and capable but on elected people at the fcc the Majority Commission uses statute written for ano ....
Fiscal problem that is much more severe. So i think the discussions of the dynamic scoring cannot let it us slip into a place where we look the other way and theres a highrisk that some of the decisions we make will leave behind a big fiscal mess. Ive had the misfortune of inheriting fiscal messes and taken great pride in cleaning them up and i think we have to be careful and not create those problems. You spoke approvingly of the ryan murray spending bill that helps us avoid the shutdown but that build left in place some caps on domestic and defense appropriations in 2011. Are you comfortable with a the level of those taxes . I never thought the caps were in the right place. I think we have a tremendously important need in this country that are both on the defense and nondefense side that will lead to a stronger economy and a stronger nation if we have the room to invest sensibly. In the context of the conversation about these kinds of issues there will have to be further discussion a ....
Nd so long as it is not inconsistent with the rest of it. It gives a most any authority to the fcc. This is a broad expansion. I pose the question, what happens when an fcc not to their liking grabs the regulatory throttle. That means that amazon betsy and every other m internet based company should be prepared to meet its new regulator. Look no further than your fellow witnesses, mr. Powell and miss baker, former regulators who currently represent the regulated. We who are elected to write the law and set the communications policy. My priority is to protect consumers and the internet we rely upon. My priority is to encourage its expansion and to various segments of our population that are underserved and too often ignored. We have taken on complicated medications challenges and produced good legislative solutions. We are stood up to special interests and stood with the American People. The draft legislative proposal represents o ....