Then with that, again, i thank the chairman and i now welcome our panel of witnesses. First, i would again like to welcome senator angus king, the former governor of maine, who served as cochair of this commission. Senator king currently sits on the Senate Armed Services committee and the committee on intelligence among others and has been a vocal leader on cybersecurity throughout his tenure. I welcome the senator here. Next, representative Mike Gallagher, cochair of the cyber Space Commission and current member of the house of representatives for the 8th district of wisconsin. Mr. Gallagher is a member of the house Armed Services committee and a former member of this committee. I also would like to welcome mr. Gallagher back to the committee again, back to congress after his paternity leave. I thank him for interrupting his paternity leave being with us. Again, congratulations on your daughter grace. In addition to being a huge packers fan, i know youre very proud as a father and for
Country out of its worst economic slump in decades. The deadline draws near for tiktok to divest it u. S. Assets, reports a shutdown of its priced app for sale. We have breaking news. Oftbank will be selling this as bloomberg learned softbank was trying to strike this deal that could be valuing it at 40 billion. Arm, weis deal to sell could have seen softbank reviving those stocks about taking the group privates. We are hearing that softbank divisionelling its arm to nvidia. This would be a 40 billion deal, the biggest chip deal to date. The transaction value is up to 40 billion. Nvidia could be paying more than 21 billion in stock and 12 billion in cash. This would be a 2 billion payment as signing. This coming at a time as we continue to see softbank divest its assets. Softbank could be receiving an additional 5 billion of cache if the performance meets certain targets. This also depends on what regulatory scrutiny they go through. This could be the largest ever in the semiconductor
Is that correct . I believe thats the case. Mr. Rogers not here. With that, again, i thank the chairman, and i now welcome power panel of witnesses. First, i would again like to welcome senator king, the former governor of maine who served as cochair of the solarium kitchen. Sits on the Senate Armed Services committee and intelligence and others and has been a vocal leader in cybersecurity throughout his tenure. I welcome the senator here. Next, representative Mike Gallagher, cochair of the Cybersecurity Solarium Commission and current member of the house of representatives for the 8th district of wisconsin. Mr. Gallagher is a member of the house Armed Services dmt a s co and a former member of this committee. Id like to welcome mr. Gallagher again back to congress after his paternity leave. I thank you for interrupting your paternity leave and being here with us. Again, gratsz on your daughter grace. In addition to being a huge packers fan, going to be proud of her father for the work
[reading names] reading names] [bell ringing] [reading names] the reading of the names this year. An audio recording with the names of those who died in 2001 with families in the plaza area. Also two moments of silence to observe the fall of the south tower in new york city anticrash of United Airlines flight 93 in shanksville, pennsylvania. A different memorial. We are looking to that final moment of silence on the north tower fell in about 20 minutes time. We do want to give you an update whats making headlines outside the Business World and over the rest of the world. For that we want to give you bloombergs first word news. Thanks, President Trump and joe biden will mark the 19th anniversary of the 9 11 attacks in the same place but not at the same time. The president intends a Memorial Service in shanksville, pennsylvania, for one of the high jacked planes crashed. Biden will go to shanks bill but not until later in the day. Pennsylvania is one of the battleground states. Poll show
General suspends those controversial cutbacks until after the election and Congress Calls him to capitol hill demanding answers College Crisis notre dame, the latest university to suspend inperson classes just one week into the semester the spike in cases is very serious and we must take serious steps to address it. An entire Sorority House in oklahoma now quarantining. Just ahead what schools are trying to do to keep covid off campus state of emergency the National Guard mobilized in california with dozens of wildfires raging across the state. Evacuations underway overnight and a searing heat wave making everything worse all that plus just desserts. The Surprising New girl scout cookie thats already the toast of the town. Today, wednesday, august 19th, 2020 announcer from nbc news, this is today with Savannah Guthrie and hoda kotb live from studio 1a in rockefeller plaza. Morning, everybody welcome to today. Nice to have you with us couldnt you go for a french toast cookie got to wait