Intellectual property, this is about two hours. Come to order. Well im disappointed we cant all be together in person today, im grateful to the chairman graham, and our clerk for facilitating this through web apps. I want to be clear that this subCommittee Hearing is not distracting from the full committee. Congress must address issues of Police Brutality and horrific circumstances that led to the murder of george floyd, and the senseless deaths of so many of our African American brothers and sisters. Thats why im grateful to senator graham for holding eight full Committee Hearing until the sink in america and i fully support that effort. We also have to continue to address the covid19 crisis in the impact its had on millions of americans and livelihoods. Just this morning the full Committee Held a conference on covid19 and its impact on tension. Centers im also glad mcconnell and several republican senators will take up the protection program. We are going to continue to address this
Market. Stocks,ed to the value financials, small caps. Still with us, george perks of bespoke embedded spoke investment group. The rotation that faded today, today, justifiable optimism that will eventually be outected in the data months . I think the biggest question is whether banks can get their acts together for me trading perspective. They have lagged to the markets so badly. Beta than ther economy overall thanks to higher capital levels, regulatory approaches. So it makes sense it would not necessarily fly right to alltime highs over the past couple of weeks. So fact that there has been little participation of the banks is of concern. Kb, i put together a chart yesterday that showed i think no and than four 20 rallies and fourines since 15 declines since march. A strongern see series of higher highs and lower lows for banks, it is hard to imagine how firm the economys footing can be as opposed to flows and sentiment. The stock market is not the economy. Hesitant, looking at bank
Yelp is a website and Popular Consumer applications it allows both connect with great local businesses. Its a service that empowers and protects consumers, allows people to discover great local gyms in a way for consumers to warn fellow consumers about not so great businesses. So how many visitors a month you have . Depending on how you want to break it out, this people who access it via mobile web, the website, be of the app, its north of the 100 Million People and we have over 200 million reviews that have been submitted. So so how do you make money . Yelp, not unlike Services Like google, Search Engines its a vertical Search Engine if i do a search for a dentist in san diego, there are a handful of dentists who are paying to basically have a sponsored, clearly labeled as such link to get study of business and patients coming through the door. google physically demoted non google results even if they contained information with Higher Quality scores than the information. What does tha
Luther thank you for having me on today, peter. Yelp is a website and Popular Consumer application that allows people to connect with rate local businesses. It is a service that empowers and protects consumers, allows people to discover rate local gyms, at a way for consumers to warn fellow consumers about not so great businesses. Host how many visitors a month to have . Luther depending on how you break it out, there are folks who access it via mobile web, the website, the app, it is north of 100 Million People then we have 200 million reviews that have been submitted. Host how do you make money . Luther yelp is a vertical Search Engine, not unlike google. If i do a search for a dentist in san diego, there are handful of dentists who are paying to basically have a sponsored, clearly labeled as such, link, that lives above your organic search results. Therefore they get more discovery of their business and more people, more patients coming through their door. Host you are the senior vp
Contains on a timely subject that the height of stocks of amazon and google and others and with a broad scope why this book and why now . Thank you for having me by the way. I started this book in 2017. I had just taken a job as a columnist the mandate was to figure out the World Biggest business in opinion form which is a rather large mandate and in order to narrow the funnel, started to look through corporate numbers i saw how well they transition from the Financial Sector to the Technology Sector since a great financial crisis and one number that stuck out was looking at how 80 percent of corporate wealth was being held than 10 percent of the firms. Those were the richest in personal data and intellectual property. You are holding the majority of the worlds corporate wealth and the majority of those are that i profile in the book. Netflix and google. Host there are some overlap like facebook and google with Digital Advertising and apple has shunned advertising and technology. Huber