Going to be different in and its a selfasking question answering question. In the vehicle to vehicle world it has to be an open standard that in fact is published so your windshield wipers on one vehicle talk efficiently to another. Isnt that true . I think it is true. But i think it is also true that in the world, dangerous world where you have malicious hackers that Integrity Matters a ton. And finding a balance for both is the test. I recognize the ranking member. I will tell you at least from this part of the day is working on legislation it makes the penalties specific, high and enforceable against those 2w0 try to maliciously attack automobiles is an area our jurisdiction is not only appropriate but our need for action is immediate. If i may. With mr. Nabers permission yes. Its just a point that we have a history of driving open consensus standards that fully integrate privacy and security production and can do that in the context as well. Thank you. Thank you, mr. Chairman. Mr.
Devices such as cars and Household Appliances. Among the witnesses is a gary shapiro of the Consumer Electronics association. And a number with the a number with the automobile manufacturers. The chair is authorized to declare a recess of the subcommittee at any time. Today, we welcome everyone for a hearing on the internet of things. Throughout its short history the internet has been transformative and powerful tool. It has a doubling capacity so quickly that by the time you run out of your short warranty, you in fact, have a product that can outperform the one on your desk. But the internet of things, which probably refers to a Network Connected to realworld items, able to Exchange Data with each other and across existing Network Infrastructure is a newer version of what now becomes the future of our lives and our communication in the 21st century. It is estimated by 2020, there will be 25 billion connected things. Without a doubt before we reach 2020, i will be wrong and there will
Americans are insecure about tomorrow. Our economy is not undergoing a downturn. It is undergoing massive transformation. It is like the Industrial Revolution happening every five years. The question we must answer is are we going to embrace it or are we going to ignore it, fight against it, and get left behind. In the absence of our leadership, which you leave behind as a vacuum. America never asked for this job of being the global leader. For some reason we dont fully understand, fate has given it to us. We either accepted or the world will become a darker more difficult place to live in. The chaos that follows makes the world more dangerous and less profitable. With that inspirational closing i think we should let senator rubio get on with his day. Will everybody please stay standing . Fair and balanced. Thank you every much thank you very much. Them political has put together 199 quotes from donald trump, calling it the most donald trump thing donald trump has ever said. A couple o
To dateline london. Im shaun ley. This week with brexit talks about to restart, has the blizzard of british policy papers dazzled or dazed the europeans . Is china open to discussion, or is the mood darkening for free speech there . And could there be regime change in the gulf state of qatar . My guests this week henry chu, International Editor of variety. The writer and broadcaster isabel hilton, editor of china dialogue. The portuguese writer eunice goes, and abdel bari atwan, writer on arab affairs. A warm welcome and thanks for being with us on dateline. British laws made by britishjudges one of the themes those who wanted britain out of the European Union campaigned on. Yet, the government said this week it may not be quite so straightforward to free us from the European Court ofjustice after all. When the negotiators reconvene in a few days time after their summer break, theyll have before them a series of position papers from the british team to absorb, on subjects including imm
Rules and returns. This is the show where we delve into regulatory challenges and opportunities around the globe from mifid ii to doddfrank. Reacting to a new generation of rules. On the frontlines of this brave new regulatory world, today we speak to marcus faber, the lead lawmaker on mifid ii. First up on rules and returns, we are months away from the regulatory events that could upend Financial Markets. Mifid ii, or to give it its full name, the markets direct if, this is the European Unions second big push to regulate markets, set to rewrite the rules for how prices are set and brokers pay one another. It starts soon. Mifids first situation was in 2002. After the crisis policymakers decided more was needed. Mifid ii goes beyond equities to bonds and beyond. The new regulations will force much of broker to brokerdeals onto regulated platforms. With this making up half of all trades, algorithms must be registered with regulators. They will be tested and include Circuit Breakers to sh