Good afternoon. The subcommittee will come to order. Without objection the chair is authorized to declare recesses of the committee at any time. We welcome everyone to the second of our series of hearings investigating competition in the Digital Markets. This one on innovation and entrepreneurship. I now recognize myself for an opening statement. 30 years ago the First Software for the worldwide member was released into the Public Domain to create a Global Communications network. Within a few years, search and browsing services were built onto this software to give people tools to communicate, share, and explore information through decentralized platform that was designed to be open and nondiscriminatory. An internet pioneer and codesigner of the internets early architecture testified in 2006 on behalf of google that the overarches principle of the open internet was no central gatekeeper should exert control over the internet. As he noted this open and competitive environment meant ent
Probably the second or third day of training and basically we had an outline of what we were doing and none of it was business it was graphic violent, hate speech, sexual solicitation, sexual exploy takeitation that f stuff. Im sorry. Thats okay i just think about all the animals all the time so im supposed to go talk to this counselor about the 500 videos ive looked at today in nine minutes, and im supposed to be okay it doesnt make any sense. A spokesperson for facebook tells cnbc we work with our content review partners to provide a level of support and compensation that leads the industry there will inevitably be employee challenges or dissatisfaction that call our commitment to this work and our partners employees into question when the circumstances warrant action on the part of management we make sure it happens. We heard from the contractor cognizant which runs the facility, saying cognizant strives to create a safe and empowering workplace for its more than 40,000 employees in
As you mentioned, shares popped around 50 when compared to the socalled Reference Price of 26 a share. But no investigator actually made a quick oneday gain of 50 , as they might have in an initial public offering. In fact, the most any Public Market investor would have made buying and selling slacks shares yesterday is about a 9 return thats because the Reference Price is more of an arbitrary one set by the Financial Advisers in the nyse and a direct listing, so no shares were actually sold at that level. The shares opened at 378d 38. 5 rose as high as 42 and ended at 38. 62 to many, thats the beauty of the direct listing strategy versus the more traditional ipo. Theres no favoritism on the part of the underwriters and theres no money left on the table, because slack didnt raise capital in the first place. Overall, slacks debut was viewed largely as a success. And further evidence that the direct listing model works there were no crazy price swings Trading Volume was manageable, and t
interview goes on. as you might imagine, governor newsome and i strongly disagree on everything. but to the governor s credit, he sat down for an entire hour. he answered most of our questions. by the way, that was something that the president of the united st states, job is not remotely capable of doing. here s part one of my interview with california democratic governor, gavin newsome. all right. so i write you. pick out a lot of pickup. i m sure you saw it. i m like, okay, i want to do an interview. i don t want to do an interview. i want to make sure the audience understands up front, this is not i want you to answer and give your views. i d say you represent probably about half the country, your views and the other half represents mine. you agree? we re kind of divided. plus or minus. we re polarized, traumatized. we re in these eco chambers. let s be candidate. your folks are watching you and getting certain perspective and my folks are watching other networks y
gets underway on this friday night. good evening, i m jonathan capehart in for a stephanie ruhle. the breaking news this hour, the new york times is now reporting that trump endorsed a georgia senate candidate herschel walker, urged his ex girlfriend to have a second abortion, after he allegedly paid for that first abortion which was reported by the daily beast. walker has yet to respond to this latest report. and just a short time ago, the daily beast, added to the story it s been breaking all week. reporting that walker s wife reached out to his accuser earlier this afternoon, and nbc news tonight is reporting that walker is now confirming, for the first time, friday, the identity of the woman, and, quote, in a brief interview, walker said this was also the first time, who is the mother of one of his four children, mentioned to him or his wife that she had had an abortion. we will have more on this still developing controversy a bit later in the hour. but tonight, we are al