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Transcripts For BLOOMBERG Bloomberg Technology 20240714

Cars. First, twitter says it has found and deleted more than 1000 fake accounts created by the Chinese Government used to undermine the hong kong protestant hong kong protests. Facebook said it also acted on a tip from twitter, finding some fake accounts. They say they will no longer accept advertising from state backed media worldwide. We are joined by a fellow from new america and in washington, brett, who set up the first tax first task force to counter disinformation in the white house. Sarah, what exactly do we know . Sarah they are finding these coordinated efforts from china trying to discredit the protesters, calling them violent, saying what they are doing is maybe backed by western resources, just trying to cause tension within the group. Emily twitter says it kicked off 936 accounts. Facebook, seven pages, three groups. We have statements from both companies. They said, overall, these accounts were attempting to sow discord in hong kong. Facebook saying, although the people

Transcripts For BLOOMBERG Bloomberg Technology 20240714

Is there an echo in here . Amazon wants to put alexa in cars. Has foundtter says it and deleted more than 1000 fake accounts created by the Chinese Government used to undermine the hong kong protestant hong kong protests. Acebook said it also acted on tip from twitter, finding some fake accounts. They say they will no longer state advertising from act media worldwide. We are joined by a fellow from new america and in washington, brett, who set up the first tax force first task force to counter disinformation in the white house. Sarah, what exactly do we know . Sarah they are finding these coordinated efforts from china trying to discredit the protesters, calling them violent, saying what they are doing is maybe backed by western resources, just trying to cause tension within the group. Emily twitter says it kicked off 936 accounts. Facebook, seven pages, three groups. We have statements from both companies. They said, overall, these accounts were attempting to sow discord in hong kong.

Transcripts For BLOOMBERG Bloomberg Markets Americas 20240714

1 . 2. 1 . Ericsson right now is down more than 10 . It as well giving a sober picture of asia, saying that it may be a little bit too optimistic on profitability 2020. S for back to the main story in the United States, bank of america with record secondquarter earnings on the Interest Income despite a beat on trading revenues. Bank of america following peers lower. Here with more is the gentleman owner and finance reporter. Stocks are up, clearly not disappointing too much, but a net interest margin. The stock is up i think because the trading results are good. Fixed income trading revenue is unchanged from a quarter of the year ago and that is surprising because all of the other banks that have reported, the big banks including goldman, they had sizable declines in fixed income trading. Bank of america held on to its revenue and thats a good sign. Equities is down but sort of almost everybodys was down. So that matters just as much for these big banks in the u. S. Is what happens on

Transcripts For CSPAN3 Facebooks David Marcus Testifies Before House Financial Services Hearing 20240714

Facebook has announced plans for a new Digital Currency, called libra. David marcus testified for the House Financial Services committee. The committee will come to order. The chair is often recess of the committee at any time. This is entitled based proposed crypto currency an impact on consumers, investors, and the American Financial system. I will now give an Opening Statement for five minutes. Today we are here for a hearing on its books proposed Digital Currency, libra, and digital wallet, and the impact on consumers, investors, and the Financial System. David marcus, following his testimony, a panel of experts will share their views on this book plans, is there are serious concerns about the creation of a Digital Currency and digital wallet to expand its reach, like mastercard, paypal, visa, uber reggie lyft rideshare, and specify. Is trying to create a new global fund to rival the us dollar this venture is slated to be based in switzerland, which has a history of creating a have

Transcripts For CSPAN3 Facebooks David Marcus Testifies Before House Financial Services Hearing 20240714

Investors, and the American Financial system. I will now give an Opening Statement for five minutes. Today we are here for a hearing on its books proposed Digital Currency, libra, and digital wallet, and the impact on consumers, investors, and the Financial System. David marcus, following his testimony, a panel of experts will share their views on this book plans, is there are serious concerns about the creation of a Digital Currency and digital wallet to expand its reach, like mastercard, paypal, visa, uber reggie lyft rideshare, and specify. Is trying to create a new global fund to rival the us dollar this venture is slated to be based in switzerland, which has a history of creating a haven for criminals and shady corporations. This plan includes serious privacy training, and monitoring of policy concerns. With 2 billion users, will have immediate access to these products, but also from consumers, festers, and the global economy. In addition, facebook has proposed government guarante

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