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Honored to bring you to our virtual programs that weve been able to shift to and looking forward to having you join us more in the coming weeks. Before we get to the subject of tonights program i just want to share a little bit about some things we have coming up, things to look forward to. More virtual programs you may be interested in joining us. Well be hosting next week a separate teach outcome anticorruption expert and former neck state attorney general candidate will be sharing her new book, break them up in a conversation. Hell be exploring the connection between bigmoney and its impact on democracy. That will be on august 11 the following week we will be hosting in a conversation with Jeffrey Toobin discussing rick felsons new book dragon which continues an exploration weve been doing of recent history of the Republican Party in that is on august 19. We are also pro ....
Im also watching pinterest which has also moved higher, starting around 10 30. Im not sure what its about either, but i cant help and look at facebook and note theres no such bump in that stock. Facebooks barely higher so it makes me wonder if perhaps the news around some civil rights related groups being disappointed in facebooks progress in some areas lack thereof in addressing some issues that they would like to see addressed. Talks again of potential facebook ban those things dont always materialize. I guess facebook lets see, were showing a longer chart there in facebook. Today in the intraday action it has not moved higher maybe theres some hope. Theres the facebook daily chart. Its actually moving lower starting at that 1030 mark maybe theres hope among investors that some of those advertising dollars, some of that engagement moves off facebook to those smaller rivals, carl yeah. We talked to levis chip berg and he was unekwifable looking for concrete action in terms of changes ....
Good thursday morning. Welcome to squawk alley. I am Carl Quintanilla with Morgan Brennan and jon fortt at post nine of the New York Stock Exchange getting close to new highs well start with facebook. Mark zuckerberg goes to the hill today. Were getting news out of the company on new ad formats as well Julia Boorstin has both those stories. Good morning to you Mark Zuckerberg is making the rounds in washington, d. C. , meeting with legislators, looking to regulate two areas, one, facebook privacy policies, two, responsibility for inappropriate, manipulative content on its platform. Zuckerberg met with democratic senator cantwell and also attended a dinner with mark warner and senator blumenthal also ....
Now from abc 7, live breaking news. You hear sirens, you think whats going on . Is there something going non right away, panic at great mall tonight. Police say robbers hit a Jewelry Store, but the chaos led some shoppers to think there had been a shooting. Good evening. Thanks for joining us. First, lets tell you that police say nobody was hurt in this incident tonight. Heres a look at the layout of the great mall. The mall was supposed to close at 8 00 tonight, though dave and busters closes later. The mall has a few Jewelry Stores. Reports first came in around 7 30 of the robbery. Our reporter is live for us at great mall. Talk about a scary night for shoppers and employees there. Reporter extremely scary. What we know so far there is no evidence of an active shooter and nobody hurt. Police continue to escort shoppers and workers outside of the mall, and this can take severa ....
We think investors are contemplating today. Netflixs ability to raise price in lieu of rising competition. You saw evaluated churn in this quarter from price increase, as well as its ongoing need to invest in content. The Company Called out their inability to mute their subscriber estimates based on what was seen to be a weaker content slate. So to ask that shows the need to continue to invest heavily in content. Do you think price hikes from here on out are just going to be too hard to do we dont think theyre too hard to do, but perhaps the magnitude we saw in that quarter wont be as large as we move forward and the time between the next price hike might be a little bit longer. Or maybe, john, as one of your sellside colleagues said earlier in the morning, maybe you dont do a price hike in a contentweak quarter yeah. I mean, that was the thing about it like, if you look at it, netflix has beaten 10 of the last 14 quarters, but mi ....