Economic harm to the company. But that just isnt in the case with google. So its a legitimate question as to whether googles market power insulates it. I also think its a legitimate question to ask if other attempts to regulate your industries have worked. So mr. Pachi, google has restricted the portability of user data due to compliance with the general Data Protection regulation. Specifically in 2018, google restricted the ability to export the double i. D. Of cookie based identifier that creates profiles through google data transfer. Is that correct . Congressman, not familiar with the specifics of that particular issue. But happy to follow up more once i understand it better. So youre not particularly familiar with how youre complying with gdpr. Congressman, weve long been working to comply with gdpr. We think its an important regulation, and we have we are in full come plibpliance to extent of my knowledge. I just meant not with that specific issue you mentioned there. So to compl
Industry. They took questions about the use of thirdparty seller data and allegations of anticonservative bias. The subcommittee will come to order. Without objection, the chair is authorized to declare recess at any time. Welcome to todays hearing on marketing power. Amazon, apple, facebook, and google. I would like to remind members we have established a distribution list dedicated to circulating specific motions or other written materials members might want as part of our hearing today. If you would like to submit materials, submit them to the email address distributed to your offices. We will circulate materials as quickly as we can. Thatld also remind members face coverings are required for all meetings in an enclosed space such as Committee Hearings. I expect all members on both sides of the aisle to wear a mask except when you are speaking. I recognize myself for an opening bateman Opening Statement. This committee launched an investigation into Digital Markets to document compe
Cheap. Lauren let me get to the point, ashley. Technology is making us im impatient. It is wednesday, september 4t september 4th. Fbn a. M. Starts right now. Lauren i am impatient lately. Welcome to fbn a. M. Im lauren simonetti. Ashley good morning, im ash ashley webster, in for cheryl casone. Lauren u. S. Futures looked to recover much of yesterdays selloff, triggered by new data, showing the Manufacturing Sector contracting for the first time in h two years. Ashley the yield on the 10 year treasury is up 1 basis point, right at 1. 48 on the 10year. Lauren yesterday, Major Concerns of a global slowdown, that took down the price of oil, recovering this morning, 54. 17 a barrel. Ashley take a look at the stocks in asia, hang seng closing up nearly 4 on the extradition bill perhaps being withdrawn. The nikkei, hang seng, kospi and shanghai moving higher today. Lauren u. K. Law make voted last night to a allow a bil bilr a no deal brexit in the eu. Ashley Hurricane Dorians eye passed to
But a buy here and now does microsoft hold the key to new market high sns guy what do you say. First of all, you have to you know, we criticize dan on twitter. Really. He is criticized. Dan. Why. Why is he criticized on twitter. For being do youwers. But cant coined maga we can fire the graphic at the top of the show. Dan does know a lot. The maga trade. Yes. And look at the m. In maga as we know is microsoft so. Some hat. On straight valuation price to earnings its expensive look at the last quarter i mean, eps beat was significant. The revenue beat was amazing azure grew 64 year over year. Operating margins 230 basis points better year over year its hard to cast aspersions yes trading yall alltime high. People make a big deal of the 40 billion. I want 4 of the market cap, not insignificant. Answering the original question it can rally into earnings mr. Maga. What is a i. You from a trading standpoint, the stock broke out in early june about 130 basically trading between 130 and 140 s
Thats this week on press here. Good morning everyone. Im scott mcgrew. If you google best noise canceling headphones for long flights, you will get a long list of websites with that information. Now, some are ads, but others are links to dependable websites like wirecutter or cnet or travel and leisure. If you ask the same question of chatgpt, it just gives you the answer. It says a model by sony is best, followed by the old standby, the bose quiet comfort, so that i got that answer from somewhere, probably from those very same websites. Wire cutter, cnet and travel and leisure. But those websites get none of the credit. None of the eyes on their ads, no link affiliate money or anything else. Robert weissman is the president of public citizen, and while he probably doesnt stay up late at night worrying about wire cutters and dollars, he does have legitimate worries. Public citizen sent this letter to the federal trade commission, the doj and chairs of the house and Senate Antitrust com