Instagram. Shares of facebook plunging on friday. The stocks opening up dismally today but then leveling out and ended the day up 2 . Discuss, earlyto facebook investor and elevation orders cofounder, and also the. Thor of the book, zucked this seems different. I dont recall any time that so many major brands all at once joined a boycott against facebook on the grounds of civil rights. Would you say this is different as well . Definitely. Is part andthis parcel. Think about how different the world is today from three months ago. First, the pandemic, then the economic decline that went with it, then since the murder of george floyd, we have an awakening on issues of racism and civil rights that i believe have affected every part of the American Economy and our society. Emily so, why now . Abigail again, roger again, i think if you think about this from the perspective of an investor or advertiser, facebook gave the ability for the advertiser to reach audiences with a level of precision
Paul pearl harbor. Global news, 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. Im Alisa Parenti. This is bloomberg. Emily im emily chang. This is Bloomberg Technology. Coming up, qualcomms ceo opens up for the first time on the broadcom takeover. Billionisses a 105 bid as a potential lowball offer. Bitcoin roars past 16,000 for the first time. And americas aia addiction continues to hit home. Ur exclusive interview with first, our lede. Qualcomms ceo speaks for the first time publicly since broadcoms offer of 70 per share. He weighed in on broadcoms offer. There is not much more i can say than what was in the press release, which essentially is that we didnt think the offer was in the ballpark of value and there is a lot of uncertainty or at least unknown timing related to regulatory and justu look at our board, speaking as one person, its a pretty strong board. Emily just speaking as one for more, i wang in bloombergs ian king. This is t
A shooting at a new Mexico High School left two students and the suspect dead today. Schools were closed for the day. Police have not released any details about the shooter, but confirmed the other two people killer did attend the aztec high school. President trump signed a proclamation on this, the 76th anniversary of the pearl harbor attack. The president was joined by six veterans at the white house toing, our nation pauses remember pearl harbor, and the warriors that stood for america. Global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. Im alisa parenti. This is bloomberg. Emily im emily chang. This is Bloomberg Technology. Coming up, qualcomms ceo opens up for the first time on the broadcom takeover. He dismisses a 105 billion bid as a potential lowball offer. Bitcoin breaks another barrier, roaring past 16,000 for the first time. Theas it rises, so do concerns. And americas ai addiction continues to hit home. We talk about al
Committee looks at legislation aimed at combatting straecex trafficking and the Internet Companies that can facility these crimes. One of the witnesses Yvonne Ambrose said her daughter was a sex Trafficking Victim recruited on line and later brutally murdered. This is about two and a half hours. Good morning. Thank you for joining us today for our hearing on s1693, the stop enabling sex traffickers act of 2017. Our Second Committee hearing on Human Trafficking this year. I am particularly thankful that we will have the benefit of hearing from Yvonne Ambrose who courageously will share her story. Well hear from senators to offer their perspectives about the current state of the law and proposed changes. Well have the opportunity to hear from our panel of expert witnesses who will share their views on this legislation which has garnered significant support but also raised questions. Last months senators portman and blumenthal introduced the act with a Bipartisan Group of more than 20 cos
For our hearing on s1693, the stop enabling sex traffickers act of 2017. Our Second Committee hearing on Human Trafficking this year. I am particularly thankful that we will have the benefit of hearing from Yvonne Ambrose who courageously will share her story. Well hear from senators to offer their perspectives about the current state of the law and proposed changes. Well have the opportunity to hear from our panel of expert witnesses who will share their views on this legislation which has garnered significant support but also raised questions. Last months senators portman and blumenthal introduced the act with a Bipartisan Group of more than 20 cosponsors, a number thats grown since then which includes eight members of this committee. As many already know the bill would amend section 230 of the Communications Decency act to enable victims to bring to justice websites that knowingly facility sex trafficking. Its an evil that affects every Community Across america. I think everyone agr