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BLOOMBERG Bloomberg Technology July 14, 2024

The chips are off the table. Symantec and broadcom have halted deal talks. Where does that leave them now . First, to our top story. Big tex the big issue on capitol hill this week. Tech the big issue on capitol hill this week. Tuesday and wednesday, they will hear from facebook on libra. Before the testimony steven , mnuchin taking aim at the social network. The Treasury Department has expressed serious concerns that libra could be misused by money launderers and terrorist financiers. Emily als...
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BLOOMBERG Bloomberg Technology July 14, 2024

Their finances. First, shares of qualcomm falling in after hours trading after they gave a downbeat fourthquarter sales forecast. At the high end, they are looking at 5. 1 billion sales. Warningin line with a issued back in april. Joining us to discuss our guests from new york and l. A. The revenue forecast for the Current Quarter was late. The forecast for the quarter also very light. Up . 75. Ted eps street was looking for 1. 10. It boils down to qualcomms basic is this model. It has a controv...
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CSPAN Facebooks David Marcus Testifies Before House Financial Services Hearing... July 14, 2024

Also tomorrow, the senate is expected to vote on the 9 11 Victim Compensation fund. In the house, legislation on Retirement Savings plans and border security. Watch the house live on our companion network cspan2. Tomorrow, Christopher Wray will testify in a hearing. Live coverage will be on cspan 3, starting at 10 00 a. M. Coming up on wednesday, the former special Counsel Robert Mueller testifies before the House Judiciary Committee and the house intelligence committee. That will begin at 8 30 ...
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CSPAN Facebooks David Marcus Testifies Before House Financial Services Hearing... July 14, 2024

We will be active in payments services, congresswoman, and enable all of these people who dont have access modern Payment Systems to move their money around and have access to World Economy and will be in the payments business, as far as colibra wallet. Let in ask you another question on governance. In your open statement you said it would nothing be overpowered by facebook because you would only have one vote. So, in the world of banking, because in my mind its still banking, were dealing with ...
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CSPAN Facebooks David Marcus Testifies Before House Financial Services Hearing... July 14, 2024

We have a Good Opportunity if we enable more people to participate to offer services that can generate revenue. This is supposed to be a Nonprofit Organization, is in the . Im talking about the calibra wallop which will directly impact facebook. Is it going to be a nonprofit . No, calibra is a forprofit entity and the entity that will dold the wallet that will be offered to facebook consumers. Is Digital Currency illegal in some parts of the world quick skinny touch on that . Gets congressman th...
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CSPAN3 Senate Banking Hearing On Facebook Digital Currency July 14, 2024

Free cspan radio app. Earlier today facebooks david marcus testified before the Senate Banking committee to address concerns over the companys proposed Digital Currency. This is 2 hours and 20 minutes. This hearing will come to order. Today we will receive testimony from david marcus, head of libra at facebook. On may 9, senator brown and i sent a letter to facebook shortly after it was reported that the company was recruiting Financial Institutions and online merchants to help launch a cryptocu...
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ALJAZ NEWSHOUR July 14, 2024

Vests nonetheless says this economic plan of his is an opportunity of the century thats what he calls it for palestinians and the 1st step towards a political solution to the Israeli Palestinian conflict saudi arabia and the u. A. E. They both say that they will back the proposal by direct message to the Palestinian People is that despite with those who have let you down in the past tell you President Trump and america have not given up on you this workshop is for you the vision we developed and...
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BLOOMBERG Best Of Bloomberg Technology July 14, 2024

Shows like Stranger Things. Elon musk claims his new technology can redirect mind, announcing his latest startup has successfully implanting wires into brains and enabling a monkey to control the computer. The next goal, human trials. We begin with the hearings on capitol hill. Facebook, amazon, apple, google all appearing in washington to answer lawmaker questions on antitrust, social media, and cryptocurrency. The first to be raked over the coals, facebook, as the Senate Banking Committee Fire...
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BLOOMBERG Best Of Bloomberg Technology July 14, 2024

Startup nuero link, successfully implanting wires into brains and enabling a monkey to control the computer. The next goal is human trials. We begin with the hearings on capitol hill. All appearing in washington to answer lawmaker questions on antitrust, social media, and cryptocurrency. The first was facebook as the Banking Committee fired searing questions at the cocreator of he cryptocurrency project. We will take the time to get this right. Wouldnt it be easier and safer if people could secu...
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CSPAN3 Facebooks David Marcus Testifies Before House Financial Services Hearing... July 14, 2024

Facebook has announced plans for a new Digital Currency, called libra. David marcus testified for the House Financial Services committee. The committee will come to order. The chair is often recess of the committee at any time. This is entitled based proposed crypto currency an impact on consumers, investors, and the American Financial system. I will now give an Opening Statement for five minutes. Today we are here for a hearing on its books proposed Digital Currency, libra, and digital wallet, ...
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