Down, along come the rebel populous traders to say not on our watch. How big does this get . Welcome. Im neil cavuto. This is your very well depending on the stocks, profitable world. Not so great for the conventional market which is taking it on the chin because namely washington will take its investigations to gamestop and a host of others and all of these others that have been jumping far and fast. Susan li on the end of week theatrics that i dont think are ending on this end of the week. Hey, neil. The gamestop readit frenzy has taken wall street to unchartered territory. We have never seen volumes like this before. Its making investors nervous. The dow jones breaking below 30,000 this afternoon for the dow and the s p finishing the first month of the year lower. While it was a major selloff, the gamestop rally was backed on and amc and express and cost. This after robinhood allowed their traders to trade again raising a billion in cash to ensure they have enough money to clear the
This hearing will come to order, senator cantwell is going to join us in person but she joins us remotely at the beginning of the hearing, we have convened this morning to continue work of this committee to ensure the internet remains a free and open space and they are sufficiently uptodate, it is a Great American success story, thanks in large part to the regulatory and legal structure our government put in place, we cannot take that success for granted, the openness and freedom of the internet are under attack, soon we will hear from the ceos of three of the most prominent internet platforms, facebook, google and twitter, with this is include mr. Jack dorsey of twitter, of alphabet inc. And mr. Marx a burger facebook. On october 1 this committee voted on a bipartisan and unanimous basis to approve the issuance of subpoenas after discussions among representatives of the companies witnesses agreed to attend it voluntarily and remotely the stronger agreement on both sides of the aisle t
Eastern on cspans q a. Ceos of facebook, twitter and google appeared virtually at a Senate Commerce hitting Senate Commerce hearing. Republicans question whether the companies were censoring conservative viewpoints while democrats raised concerns about the spread of misinformation. Throughout the hearing, there were several references to section 230 of the committee occasions decency act, which shields social Media Companies from liability for content posted on their sites. This is three and a half hours. This hearing will come to order, senator cantwell is going to join us in person but she joins us remotely at the beginning of the hearing, we have convened this morning to continue work of this committee to ensure the internet remains a free and open space and they are sufficiently uptodate, it is a Great American success story, thanks in large part to the regulatory and legal structure our government put in place, we cannot take that success for granted, the openness and freedom of t
For almost 25 years, the preservation of Internet Freedom has been the hallmark of a thriving Digital Economy in the United States. The success has largely been attributed to a light touch Regulatory Framework and to section 230 of the communications decisions the act, the 26 words they created the internet. There is little dispute that section 230 played an early role ofthe Critical Development Online Platforms. It provides protection from liability to remove and moderate content that take what their users consider to be obscene, filthy,cinius, excessively violent, harassing, or otherwise objectionable. This shield has been pivotal in protecting Online Platforms from but it has also given these internet platforms the ability to control, cycle, and even censor content in whatever manner. The time has come for that free pass to end. 230, 24 years of section much has changed. The internet is no longer in emerging technology. Companies before us today are no longer scrappy startups operat
Unemployed or work in low skill positions, but as you will see ptonight. I think my greatest skill is i see things differently from other people. That may be changing. Dan may be too modest to tell you, but he is the inventor of record of this platform. And nasa has licensed it nasa is using filtergraph yes. Cooper . That you invented . Dan yes. ticking you have to see people walking on 60 minutes. We want to know how can this person walk, lets see. I dont know why, you never do a thing on 60 minutes without look at that, walking. Ladies and gentlemen, tonight Jerry Seinfeld. You see comedy in this mess. The first thing, they dont say it any more but they said, dont touch your face. Okay, so were gonna stop the whole world, and you cant laugh you cant do this. But dont do this. ticking im lesley stahl. Im bill whitaker. Im anderson cooper. Im jon wertheim. Im scott pelley. Those stories, tonight, on 60 minutes. ticking youre on it. You may think youre doing all you can to manage type 2