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The pound by jude 1 40 1 the pound of buys you 1. 41. Pimm Officials Say there was a second suspect involved in the attack on the brussels subway. The suspect accompanied the suicide bomber to the mall back to the maalbeek subway station. He may still be alive. North korea claims that has made progress developing ballistic melissa those. Kim jonguns regime has said they completed a solid fuel rocket engine. A new Bloomberg Politics poll shows republicans are not rallying behind france to stop no...

Massive drop in users and revenue. Lift is trying to provoke car pooling with a new feature called lift line and matches riders who are going to the same area and offers them a discount of up to 60 to share a ride. The cofounder john zimmer joins us to share all about it. Our lead story, google and barnes noble are worried about competition from amazon so the companies are teaming up with the aim of swiping some customers away from the e commerce giant. Starting today, barnes noble will offer sa...

Regulation of Net Neutrality. So Net Neutrality is an a very hot topic in washington for the past several years. A previous role at the federal trade commission. I was head of the office of thecy planning and head of Internet Access task force. And we looked at this issues in connectivity competition policy that we issued. And some of the issues that that at was whether the antitrust laws which we enforce as well as Consumer Protection could promote some of the values that the Net Neutrality try...

Commissioner ohlhausen, thanks for joining us. First of all, the commission is turning 100 years old this month. Guest yes. Host whats the mission of the federal trade commission . Guest well, thank you for having me here. Im delighted to talk about the mission of the federal trade commission. Our birthdays actually this friday, the 26th, and ill be hosting a celebration at the commission. But our mission is twofold. Its to prevent unfair acts or practices and unfair methods of competition, but ...

And this week on the communicators we talk to members of congress about the legislation they are proposing. First up senator al franken. Senator senator al franken, you hailed a failure of the comcasttime warner merger as a win for consumers. Why . Guest because i firmly believe if comcast were allowed to buy time warner they would have been to go big anticompetitive, led to higher prices for consumers, less choice and if it is even possible they would surface. Host is it because of the size . G...

That definition . Its easier to say you can have competitive effort. Whatever it comes to the domestic budget we can do this but we have to get back on this. We can do it cheaper by doing things this way. Whenever we try to cut the budget, its not doing it differently and getting the same results. Its always we have to cut something. Why is it always the we have to cut Something Else instead of growing the ceiling. Host is that your concern with just the republican budget . Caller its both. As a...

Illicit activities. If bit coin continues to attract attention, mostly as a way to finance purchases on websites like silk road, its going to find itself in the digital waste land. So in order for the legitimate uses of Technology Like bit coin to flourish, its imperative that his accepted uses must be addressed. There must be a way to separate the weak from the chaff. Bottom line is very simple, i would ask mr. Gal ipy gal ipy i would ask mr. Gal ipy, do you have any specific suggestions of how...

Im pleased to cochair this hearing on the present and future impact of Virtual Currency. My friend senator merkel and i appreciate the work senator heller has done and senator kirk will be joining us as well. Were going to do this a little different because its a joint subcommittee hearing i will chair the first panel and the senator will chair the second. The uses of Virtual Currencies have proliferated in recent years. My hope for this hearing is to educate the Senate Members and others and st...

This case, because to me, the anonymity that is associated with users and their wallets would suggest, i really dont need to try to cover who owns the money. Se, thank you. Im out of time. So were going to pass this on to our ranking member. Thank you. We id love to be at your home as e youre explaining to your wife how your Virtual Company gave you a virtual paycheck, using virtual money, but that being ry the case, i assume your business wants more consumers than investors. We are just a merch...

Opportunity. I think theres a lot to what you say, senator, that if we regulate, we do legitimize. Some of todays witnesses have talked about trust and trust is a very important factor particularly with Financial Products and services. So there is that risk. There is a bone in my body that says, i think thats a risk worth taking. And i think its particularly worth taking as we think of these Virtual Currencies as having functions that are a lot like credit cards or debit cards in this respects. ...