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CSPAN Heads Of Facebook Amazon Apple Google Testify On Antitrust Law Part 3 July 12, 2024

Florida. I recognize the gentleman from north dakota for five minutes. Bezos, my colleagues brought up they were discussing thirdparty sellers this policy specifically noted possible loopholes that allow amazon to review nonpublic and aggregate data to inform private rams even in instances where there are only a few thirdparty sellers. Where exactly does amazon draw the line . Data would bee more than one seller . The person seeing the report would have no way of knowing how rs are inside that g...
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BLOOMBERG Bloomberg Technology July 12, 2024

And Melinda Gates foundation, bill gates, for a wideranging interview about the pandemic. The Foundation Contributed almost 350 million to fight covid19 around the world. We also talked about the possibility of microsoft buying tictoc. We are standing by for a news briefing with the president , after secretary of state mike pompeo signaled the u. S. Will try to ban other Chinese Technology beyond tictoc in the name of National Security. I want to get to nick, who ,overs the state Department Secr...
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CSPAN Heads Of Facebook Amazon Apple Google Testify On Antitrust Law Part 1 July 12, 2024

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 yo...
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BLOOMBERG Bloomberg Technology July 12, 2024

Investors seem to be more optimistic as Congress Continues to work on another federal relief bill. The president at the bottom of the hour scheduled to deliver another news briefing. This as tensions between the u. S. And china continue to escalate. The u. S. Has ordered that the chinese consulate in houston, texas to close china to close. China is calling for the u. S. To revoke the decision and is warning that the u. S. Has more diplomatic personnel in china than vice versa. Joining us to brea...
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KNTV NBC Bay Area News At 11AM July 12, 2024

Capitol and the offices or studios of four companies. You are seeing succecicilline t. He is talking to senator pachai who is the ceo of google. This is the investigation into the behrw do they use that powe . Google choosing what links to show you. Facebook buying up all kinds of Companies Like instagram. Apple makes you buy apps through their app store and demands a cut. Again, you are looking at live video here as cicilline continues to talk, but all four ceos are listening. So video from ear...
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BLOOMBERG Bloomberg Markets Americas July 12, 2024

Moment or someone will be caught offguard. There will be several rounds of questioning after the Opening Statements. We have seen the testimony of all four of the ceos. There is a similar theme. These ceos are emphasizing that they are facing competition all all on all fronts. Tech is the most Competitive Industry in the world. In every facet of every business they run, they talk about how they face competition. Mark zuckerberg focuses on china saying that if there is too much regulation, that w...
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FBC Cavuto Coast To Coast July 12, 2024

Lot going on as stuart did tell you that whole hearing where the tech giants will gather virtually at least. It is parked back maybe half an hour. I was doing back of the napkin guesstimating on their wealth. That is on, i think is worth about 180 billion. Our Charlie Brady follows this thing would know to the penny. I think it is roughly about that. Mark zuckerberg facebook, close to 90 billion, close to 2 billion, tim cook of apple, thanks to appreciation of that stock, he is at around 2 billi...
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BLOOMBERG Bloomberg Technology July 12, 2024

We compete hard. We compete fairly. We try to be the best. Our goal is the best, not the most. We dont have a dominant share in any market or product category where we do business. Competition leads to better products and more choices for everyone. Emily but lawmakers coming out swinging. The ceo struggling to get their answers in. Jeff bezos of amazon having trouble getting some words in edgewise. Didnt have monopoly power over the sellers, do you think they would choose to stay in a relationsh...
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BLOOMBERG Bloomberg Daybreak Asia July 12, 2024

In the white house, continue they continue to push reopening. Stephen mnuchin says another shutdown is off the agenda. Like ait does look terrible set up when it comes to this final friday training session. The selloff looks to continue. In the u. S. , it was deep and heavy volumes as we saw that box provedy go really be wrong that came to a screeching halt. 2 trillion to write off the value of u. S. Equities in under seven hours time. The are seeing a rebound when it comes to u. S. Futures trad...
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CNBC Closing Bell July 12, 2024

Drop coming up on todays show, were taking a look at how a number of Different Industries are getting back to work in america. Well talk hotels and travel with the ceo of best western plus, walter rob, the former coceo of whole foods will weigh in on grocery trends and well talk about the state of the consumer lets kick things off with a Broader Market a choppy day to kick off the trading week pretty positive. Right near the session highs as we stand on track for a record close for the nasdaq co...
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