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July 16, 2024
Like it or not, we are big spenders and big borrowers, too. Now look at this. Boris johnson is the new Prime Minister of great britain. In a gracious victory speech, he said he would complete brexit, unite the country and beat the socialist jeremy corbyn. Hes the first to admit he has an uphill struggle but hes got a sense of humor and reminds me very much of donald trump. More on boris coming up for you. Look at this. Stocks going up again this morning. A series of Solid Earnings reports are cl...
July 16, 2024
Test. Captioning performed by vitac thank you. Thank you, senator peters. Senator johnson. Thank you, mr. Chairman. Mr. Harris, i agree with you when you say that our best line of defense as individuals are exposure. People need to understand that they are being manipulated and a lot of this hearing has been talking about the manipulation algorithms, Artificial Intelligence. I want to talk about the manipulation by human intervention, human bias. We dont allow or we certainly put restrictions th...
July 16, 2024
On internet platforms each witness has information on algorithms and Machine Learning, as well as engagement and persuasion and brings unique perspectives to these matters. Your participation in this hearing is appreciated mr. Rosensteinly as this committee continues to work on drafting data privacy legislation. Icon veeped this hearing in part to inform legislation im developing that would require internet platforms to give the user information to engage with the platforms without using algorit...
July 16, 2024
Out of Contra Costa County out of the fire this morning and we will tell you what we learned about what happened overnight. Are you ready for nascar . I hope so. The track has been hot all week long in sonoma. The parents went into look on the action but first lets talk weather with sara who is in for rosemary. Its going to be hot all around and similar to what we saw yesterday and the warming trend will continue and we take it into tonight into tomorrow and then things cool off and we have a li...
July 16, 2024
Of facebook, amazon and apple. Then monday the house of Representatives Judiciary Committee announced a sweeping review of possible monopoly powers. Ways most of striking about these actions is they demonstrate a rare thing in america today. Broad partisan agreement on an issue of pressing national importance. The democrats are eager to have action, too. Monday nancy pelosi, the House Speaker tweeted, unwarranted concentrated economic power in the hand of a few of is dangerous to democracy, espe...
July 16, 2024
Then monday the house of Representatives Judiciary Committee announced a sweeping review of possible monopoly powers. Ways most of striking about these actions is they demonstrate a rare thing in america today. Broad partisan agreement on an issue of pressing national importance. The democrats are eager to have action, too. Monday nancy pelosi, the House Speaker tweeted, unwarranted concentrated economic power in the hand of a few of is dangerous to democracy, especially when digital platforms c...
July 16, 2024
Is to start the hour what did you think of that journal piece . Were both journal alums, they put work into that, yes . A lot of shoe work in there they didnt see the emails themselves seems theres compelling evidence that the emails reveal what i think we have long suspected which is there is a pattern in this leadership of trying to brush this under the rug or dismiss it or not taking it seriously enough. This comes down to more than just the letter of the law or in this case the letter of the...
July 16, 2024
Hearing on Online Platforms and market power focussing on the free and Diverse Press. I recognize myself for an opening statement. In recent years, there has been a cascade of competition problems on the internet. Concentration has pushed local journalism to the verge of extincti extinction. The combination of predatory acquisitions and high Network Effects and switching costs undermine entrepreneurship and startup rates. The sheer dominance has resulted in less products leaving people without a...
July 16, 2024
Of facebook, amazon and apple. Then monday the house of Representatives Judiciary Committee announced a sweeping review of possible monopoly powers. Ways most of striking about these actions is they demonstrate a rare thing in america today. Broad partisan agreement on an issue of pressing national importance. The democrats are eager to have action, too. Monday nancy pelosi, the House Speaker tweeted, unwarranted concentrated economic power in the hand of a few of is dangerous to democracy, espe...
July 16, 2024
The chair is authorized to declare recesses of the committee at any time. We welcome everyone to our first hearing on Online Platforms and market power, focusing on the free and Diverse Press. I now recognize myself for an Opening Statement. In recent years, there has been a cascade of competition problems on the internet. Concentration in the Digital Marketing has pushed for journalism to the verge of extension. The acquisitions, growing innovation kills him, and high Network Effects and switch...