Post 9 of the New York Stock Exchange Carl Quintanilla is on assignment and were going to begin this morning with facebook. It is down about 2 . Several state attorneys general noungs announcing an antitrust probe into the social network and alphabet, as well. Julia boorstin has more on facebook from l. A. Hey, julia jon, new York Attorney general Latisha James is leading a Bipartisan Coalition to investigate facebook for antitrust violations shes joined by seven other state ags plus the ag of the district of columbia, so far the attorneys general saying, quote, we will use every investigative tool at our disposal to determine whether facebooks actions may have endangered consumer data, reduced the quality of consumers choices, or increased the price of advertising facebook shares moving lower on the threat of potentially large fines from these attorneys general. Now, a separate google antitrust probe is expected to be announced at a News Conference outside the Supreme Court on monday.
Magic. Power lunch gets started right now. And lets check where we stand at this hour were off the highs of the day the dow up 200 points right now, but the session highs were about 100 points above that when we were up more than 300. S p and nasdaq both up about a percent as well. Even though asian markets were down 2 overnight, so a real turnaround for our markets today. And take a look at apple, the stock is jumping after one top analyst says that the tech giant might be tariff proof. Well explore that a little later this hour, kelly thank you, bill the big news affecting the markets today coming from the g7 meeting in france. Its been changing quickly hourly lets go to eamon javers for the latest yeah, kelly, thats right the president has left the country, air force one was wheels up from biarritz france a short time ago, and that brings to a conclusion the g7 where everybody involved was at pains to strike a message of unity it ended with a Fascinating Press Conference between Emm
The british Prime Minister says he wants a fast track visa scheme to attract foreign scientists to the uk. Now on bbc news live to singapore for Asia Business report. Hoover disappointing. Shares are down sharply after the firm reported its latest results uber. Brisk domestic demand, japans economy grew stronger than expected, betrayed tensions are expected to weigh the future. In the future. Hello and welcome to this friday edition of Asia Business report. Im Sharanjit Leyl. Edition of Asia Business report. Im shara njit leyl. We edition of Asia Business report. Im Sharanjit Leyl. We start with uber because it shares are falling sightly in extended wall street trade sharply. The firm has lost over 5 billion in the three months tojune. Over 5 billion in the three months to june. The bbcs over 5 billion in the three months tojune. The bbcs Michelle Fleury has more. Responding to urban puzzle make Second Quarter results, ubers Second Quarter results. Uber has turned into the magical mone
Big tech is under the spotlight today, with leading firms summoned to the white house for a meeting on curbing violent online extremism. It comes just days after two Mass Shootings in the us, which left 31 people dead. The suspect in the texas shooting posted material on the controversial 8chan online message board before the attack. Pressure was already mounting on tech firms after the christchurch shootings in new zealand, which were livestreamed on facebook. 51 people perished in the attack. The Global Internet forum to counter terrorism, set up by firms like facebook and twitter, have already pledged to do more to identify and remove extremist content and says its rolled out a Cross Platform counter violent extremist toolkit. The forum has also promised to do more to block offensive content as violent events actually unfold. But that may not be enough for white house officials. Donald trump says he wants the tech firms to develop tools that can detect mass shooters before they stri
Subsidiaries in the massive corru ptions scandal surrounding the state fund. It isa it is a bit ofa it is a bit of a negative picture gcioss it is a bit of a negative picture across europe on the markets at the start of friday, all the benchmarks edging into the red. Its been a busy week in Business News with everything from bas system meltdown to the slugfest between uber and lyft making the headlines. Our correspondent theo leggett will he here to help make sense of it all. Also, Deutsche Bank is cutting some perks for workers outside germany, like rolling over unused annual leave. Today wed like to know, what workplace perks are most important to you, and which would you most hate to lose . Let us know just use the hashtag bbcbizlive. Hello and welcome to business live. Let us know about those workplace perks. Welcome to the programme. We start with big tech, which is under the spotlight today, with leading firms summoned to the white house for a meeting on curbing violent online ex