Mean updated versions of the app cannot be downloaded joining us now to discuss our boom bust cohost bents want to christiane and they become in this story with us all week long so thank you so much for that theres another twist on a friday ben i want to start with you because even though we have heard a lot of talk about banning tictac by the administration all that is really being banned are that at this point are really updates correct. Yeah so this is kind of a ridiculous move here by the Commerce Department what theyre saying is look you will not be able to get an update on tech talk but if you already have it on your Android Device or you have it on your apple device you can still use it so it doesnt change anything now that the restrictions are we chatter a little more strict beginning on sunday its going to be illegal to host or transfer internet traffic associated with we chat so its more strict here now get this the german ministration says that beginning on november 12th nov
Has hit turbulence launching starling satellites as the private sector has set its sights on Space Exploration with a packed show today so lets dive right in. And President Trump has made his decision rejecting by dancers compromise of selling a portion of their widely popular social media app to talk to u. S. Company oracle now the president has now announced that tick tock will be banned in the United States on app Stores Beginning sunday the Commerce Department said friday that as of sunday any moves to distribute or maintain we chat or tick tack on an app store will be prohibited this means that while users who are already have downloaded the apps may be able to continue using the software the Restrictions Mean updated versions of the apps can not be downloaded joining us now to discuss our boom bust cohost bents want to christiane theyve become the story with us all week long so thank you so much for that theres another twist on a friday ben i want to start with you because even t
Clock to show you how much time is remaining. All members and witnesses need to be especially mindful of the fiveminute clock. At 30 seconds remaining ill , gently tap the gavel to remind members their time has expired. To simplify the speaking order process, the commission has decided to order ourselves alphabetically. With that, welcome to this virtual hearing convened by the congressional oversight commission, pursuant to section 4020 of title 4, subtitle of the cares act, the Commission Must conduct oversight of the 500 billion authorized for the Exchange Stabilization fund. As part of our oversight work, the commission has decided to hold this hearing today which will examine the main Street Lending facilities. The Federal Reserve established the main Street Programs to support lending to small and mediumsized businesses, and nonprofit organizations that were sound before the covid pandemic. The program operates through five facilities which we will learn more about this morning.
Hackett was brought in, he was a board member, previously he had done a great job at steel case the Office Furniture company in michigan and when he came in and he said, look, we are going to transform ford, get it ready for the future for Autonomous Vehicles, for electric vehicles. That hasnt happened ford has been mired in really not being making the move that its needed to make since 2017 they are starting to change that a little bit some of that because of the moves that jim farley has made as coo, he becomes the ceo effective october 1st and the marching orders are pretty clear. Transform this company, get ready for a future with electric vehicles, Autonomous Vehicles at some point, not immediately, but at some point, but, guys, this is the most interesting stat that i can find. If you go back over the last, what, 20 years, 19 years, only one ceo at ford, alan malaly posted a positive gain in ford shares there you see hacketts performance since may of 2017, down 38 , similar to fi
Commission has decided to order ourselves alphabetically. With that welcome to this virtual hearing convened by the Congressional Oversight Commission pursuant to section 4020 of title 4, subtitle of the cares act, the Commission Must conduct oversight of the 500 billion authorized for the Exchange Stabilization fund. As part of our oversight work, the commission has decided to hold this hearing today which will exam examine the main Street Lending facilities. The Federal Reserve established the main Street Programs to support small and immediate you yumsized business answer Nonprofit Organization that is were in found sentence condition before the onset of the covid19 pandemic. The program operates through five facilities which we will learn more about this morning. The programs being administered by the Federal Reserve bank of boston todays hearing will have two panels. President eric rosengry. N, Federal Reserve bank of boston will testify during the first panel. Second panel will i