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July 16, 2024
Chips. And, Microsoft Online Game Services hitby by an outage. Dropping amid a tuesday. N big tech the ecommerce giant amazon facing an antitrust complaint from the eu abigail, walk us through the factors dragging stocks down today. Abigail another mix today. Another down day for tech and the nasdaq 100 in particular having the worst two days and months. On the others, other sex is and indexes doing well such as the russell 2000 and other cyclically minded sectors. 4 . Worst slide, down about in...
July 16, 2024
A glitchy start. Microsofts Online Game Service is hit by an outage on the same day it introduces its newest xbox gaming console. We talked to the head of xbox this hour. U. S. Stocks dropping amid a selloff in big tech tuesday. Amazon among those caught up in it, falling as the ecommerce giant facing an antitrust complaint from the eu. I want to get to Abigail Doolittle in new york. Walk us through the factors dragging stocks down today. Abigail another mixed today. Another down day for tech an...
July 16, 2024
Good thursday morning, welcome to squawk alley. Stocks did take a leg lower at the open the s p bounced right off of the 50 day well watch that closely but were off of the low levels of the early session. Here is the president yesterday on oracles deal with bite dance stands you said it was important that a u. S. Company buy tiktok. Were going to find out about that were looking at that from the standpoint of bitedance. We dont like that conceptually we dont like that. That has not been told to ...
July 16, 2024
Written materials. You are the ema offices that required for all meetings. I expect all members to wear a mask expect when speaking. I recognize myself for an opening statement. More than a year ago, this subcommittee launched an investigation into Digital Markets. The twoives b have been to document problems and since then, weve received millions as well as conducting hundreds of hours of interviews. There were experts here, the subcommittees Ranking Member. We work closely with all members who...
July 16, 2024
Industry. They took questions about the use of thirdparty seller data and allegations of anticonservative bias. The subcommittee will come to order. Without objection, the chair is authorized to declare recess at any time. Welcome to todays hearing on marketing power. Amazon, apple, facebook, and google. I would like to remind members we have established a distribution list dedicated to circulating specific motions or other written materials members might want as part of our hearing today. If yo...
July 16, 2024
Moment or someone will be caught offguard. There will be several rounds of questioning after the Opening Statements. We have seen the testimony of all four of the ceos. There is a similar theme. These ceos are emphasizing that they are facing competition all all on all fronts. Tech is the most Competitive Industry in the world. In every facet of every business they run, they talk about how they face competition. Mark zuckerberg focuses on china saying that if there is too much regulation, that w...
July 16, 2024
Labyrinth books. I want to start by thinking david and david to switch to this for all of us. And in partnership with a very good friend at the public library. And with that moment but there are so many books that can serve as an anecdote and certainly with one of those anecdotes its in the spirit that we are sharing the next 25 minutes tonight. And then to introduce our speakers and i just want to say quickly and then to be available and with the local bookstore. And then to find a way through ...
July 16, 2024
Enough if we do it this way. Let us know in the chat box. A warm hello, happy to see so many of you. I want to start by thanking David Goldman, to switch, for me very new for all of us in the region of live stream. We are presenting that in partnership with our good friends at the public library. We are all gripped by the precarious and frightening reality of this moment. So many books conserve as antidotes and only one of those antidotes and we are sharing the next 45 minutes or our tonight and...
July 16, 2024
Will have him just on audio. We will see how that goes. We hope that you can hear well enough if we do it this way and let us know in the chat box if it is not working for you. So just a warm hello to all of you, i am so happy to see that there are so many of you. My entered i am the owner and i want to start by thanking our speakers for being game to switch and for all of us this is a new way of life, we are presenting tonight in the partnership with a very good friend from the public library. ...
July 16, 2024
Mengele. Hi, everybody. Welcome to this broadcast. Im sorry that weve had a little delay. One of our speakers, David Goldman, has had trouble with his computer, and is so we are doing a little improvisation and workaround, so we will have him just on audio, and well see how that goes. But we hope that you can hear well enough if we do it this way. And let us know in the chat box if thats working for you. Just a warm hello to all of you. Im so happy to see that there are so many of you. My name i...