Good afternoon toledo. What an inspiring time in our Great American manufacturing heartland city to welcome the next president of the United States. Thank you for comingtoday. Joe biden. Joe biden has not only been here before, he has always fought for us. Always. Vice President Joe Biden is our trusted friend. Hes like an uncle area is like a brother. And hes with us in toledo. Toledo, the home of General Motors, the most advanced transmission agility in the entire world. With an additional 39 Million Dollars of investment announced recently and also home of the worldclass jeep production platform, the largest on the north american continent. I can guarantee you without joe biden. Either of them would have survived the drastic laugh from the 2008 recession. We remember, i remember. I remember vote in congress for the recovery when it was democrats, democrats who make sure that these firms were refinancedand they pay back every penny. With interest. And i remember the republicans, ever
Written materials. You are the ema offices that required for all meetings. I expect all members to wear a mask expect when speaking. I recognize myself for an opening statement. More than a year ago, this subcommittee launched an investigation into Digital Markets. The twoives b have been to document problems and since then, weve received millions as well as conducting hundreds of hours of interviews. There were experts here, the subcommittees Ranking Member. We work closely with all members who have taken this work seriously and study the issues. This is the most bipartisan effort ive been involved with. The purpose of todays hearing is to examine the dominance of amaz amazon, apple, facebook and google. Amazon runs the Largest Online marketplace in america, c capturing 70 of all online marketplace sales. It operates across a vast array of businesses from cloud compute i ing. Apple is a provider of smart phones with more than 100 million in the United States alone. Services include fi
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
Cases surging in many u. S. States. India considers new lockdowns. Facebook insists it has diversity at the top of its list. But it seems to have done little to boost black staff numbers. Lets take a look at how we are shaping up. That drag coming through from u. S. Stocks. Rotation ofsee this the highflying tech stocks. Netflix casting a very dim shadow. Missing horribly on just about every metric investors care about. Nikkei futures up by a quarter of 1 . Tsmc raising its outlook for evan revenue. Maintaining there for your guidance. Saying that they are seeing improve conditions coming out of china. Lets take a look at chinese stocks in particular as we close out this trading week. One state media article suggested it was responsible for corruption and bribery cases against china. We will continue to see if that stock stages much of a rebound. Shery of course. Also moving markets as the coronavirus. Deaths topping 585,000. U. S. Infection rates rose 2. 5 . Brazils count rose above 2
Corona virus knows no borders as it spreads across our planet. But it is not an equal opportunities killer. Easy disease that that. Its or not and the source of determinants in on the weakness is poverty in the in the poor health state is. So why is it that covered 19 seems to affect the very poorest among us most of all. Welcome to this covered 19 special part of whats in berlin its great to have you with us so far from being the great leveller as its occasionally been described coronavirus has further exposed inequalities within societies also often its those at the bottom of the economic ladder who are suffering the most. Senior consultant dr g. Is doing his rounds every patient must be tested for corona virus on admission for some weeks now fewer and fewer suspected cases have been coming to the hospital in time shot in western germany so. In the beginning we saw very mobile people they were middle aged to younger patients students business travellers holiday makers or those return