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June 24, 2024
Good morning. Welcome to Worldwide Exchange on cnbc. Its new music friday. Im sara eisen. Im dominic chu sitting in for wilfred frost. Hell be back on monday. A holiday shortened week of trading here in the u. S. , but no shortage of big news and buzz. Well talk about apple challenging federal authorities and hear why Company Cofounder Steve Wozniak believes steve jobs would have done the same thing. Thats just one minute here. That cnbc interview getting a ton of buzz. First, lets get you up to...
June 24, 2024
Donald trump is making overtures to the Republican Leadership as he consolidates his frontrunner status. He had a conciliatory discussion with House Speaker paul ryan. Putting trump ahead in the key races in florida and ohio. Does any headlines from bloomberg news. Bloomberg markets today, closed for lunch but heres how they were trading in the morning session. The composite down about 1 . We are leading up to that decision in shanghai. I am back in half an hour. Time now for bloomberg west. Com...
June 24, 2024
We are one hour from the close of trading. Lets go to the markets desk where julie been watching this all unfold. Julie what a wacky day. m looking at commentary theres saying that the measures by the ecb will not be enough to help the eurozone. You look at stocks. In terms of the push and pull of the session, we have a potential deal helping lead the s p 500. Food sales rising for that gaining on expedia the Piper Jaffray outlook. If you look of the bloomberg and the imap and the sectors on the...
June 24, 2024
Preemptive nuclear strikes after south Korean Military drills. For the first time, Drone Operators have to prove they understand aviation regulations under a new bill in the u. S. Senate. Local news, 24 hours a day powered by our 2400 journalists in 50 news bureaus around the world. Emily im emily chang and this is bloomberg west. Square wins on revenue but is still losing money. Amazon goes to hollywood. We step on the set to take a closer look at the companys plans. China announcing the bigges...
June 24, 2024
Off the the annual film, music and Technology Conference here in austin. The president and the first lady in town for a Democratic National Committee Fundraiser in dallas. And the president stopped by for a conversation late friday about that debate, and about technology in this country. But that legal standoff between apple and the fbi took center stage. We recognize that just like all of our other rights, freedom of speech, freedom of religion, et cetera, there are going to be some constraints...
June 24, 2024
Duty, multinational, you know, american corporations that have multinational markets. Its a very complex issue, but theres no security concern there. They are saying its a financial and reputational issue. Essentially, apple has changed its mind at this point [inaudible] i think its fair to say that theyve changed their mind, but i dont think it should be characterized necessarily as apple is bad. Right . I think that they have changed their understanding of the operation of the law. But not bas...
June 24, 2024
Right versus wrong to constructive dialogue the recognizes this is a complex issue that affects everyone and, therefore, we are all in this together. We have two very strong panels and expect each will make strong arguments about the benefits of strong encryption and the challenges it presents for Law Enforcement. I encourage my colleagues to embrace this opportunity to learn from these experts to better understand the multiple perspectives, layers and complexities to this issue. Its time to beg...
June 24, 2024
[inaudible] its to protect our National Security. There is not been an attempt at any point to downplay the significance of the operation their undertaking. That is true if youre talking about our military pilots flying combat operations through ten or 11000 airstrikes now been taken against isil targets in iraq and syria. Its true of special operators been informed and station throughout iraq to carry out raids when an opportunity presents itself to try to take out a senior isil figure were to ...
June 24, 2024
I know Law Enforcement has to do their job and staying with it because criminals are doing their job, too. Like it or not. And if it changes, crimes change, we have to change the way we operate. The concern is privacy, obviously and getting into that. Some have argued that the expansion of connected devices to the internet of things provides Law Enforcement with new surveillance tools and capabilities. Recently, the center at Harvard University argues the internet of things could offset the gove...
June 24, 2024
U. S. Person around the world, outside the United States. Previously that had been something that judgment casey could do as attorney general. So someone outside the United States who was a u. S. Person, now needs a fisa court order to do that. Thats one. And the other is there were a series of provisions that prohibited this practice of reverse targeting youll hear about. Which basically said you cannot, the government cannot target something overseas under this statute. Under 702, who is not a...