Id ask each of the witnesses for the second panel to please take your seats. I apologize for that delay. We went through the three votes we had. We will now begin the second panel of five witnesses. Each witness will have a fiveminute Opening Statement followed by rounds of questions. Our first witness is Mister Dennis prager. Dennis prager is a bestselling author, columnist, nationally syndicated radio talk show host and also the cofounder of Prager University, an institution of Higher Learning on the internet which produces fiveminute videos in which experts distill complex topics in political science, history, philosophy, economics and psychology. Mister prager was appointed by Ronald Reagan to the us delegation to the vienna review conference on the helsinki accords. He was also appointed by george w. Bush to the us Holocaust Memorial council. Our second witness is facing kint, ceo of Digital Content, a trade association that serves the unique needs of Digital Content companies. Be
The chairs authorized to come to claire recess without any time we welcome everyone to the second of our series of investigating competition and digital markets, this one on innovation and entrepreneurship. I recognize myself for an opening statement. 30 years ago was released into the Public Domain to create a Global Communications Network Within a few Years Services were built onto the software to give people tools to communicate, share through a decentralized platform designed to be open and nondiscriminatory. The pioneer testified in 2006 on behalf of google that the overarching principle of the open internet was that no central gatekeeper should exert control over the internet. This open and competitive environment means that entrepreneurs for new ideas need not worry about getting permission for inventions to reach endusers. Over following decades the growth of our competitive internet revolutionized our lives, our work, businesses, and entire world. Millions of good paying jobs
Off. Export the nations passed on American History tv every weekend on cspan3. Next, a Congressional Panel visit Online Platforms and their visit on entrepreneurship in the us. We hear from google, apple, facebook and amazon officials to talk about ecommerce. This portion of the house judiciary subcommittee hearing is one hour and 50 minutes. Everybody will come to order, the chair is authorized to declare recess at any time. We welcome everyone to the second of our series of hearings investigating competition, this one on innovation, i recognize myself for an opening statement. 30 years ago, the first of the World Wide Web was released into Public Domain to create a Global Communications network. Within a few Years Services were built on the software to give people tools to communicate, share and export information from decentralized platform designed to be open and nondiscriminatory. Internet pioneer and codesigner of the internet early architecture testified in 2006 that the overarc
The chairs authorized to come to claire recess without any time we welcome everyone to the second of our series of investigating competition and digital markets, this one on innovation and entrepreneurship. I recognize myself for an opening statement. 30 years ago was released into the Public Domain to create a Global Communications Network Within a few Years Services were built onto the software to give people tools to communicate, share through a decentralized platform designed to be open and nondiscriminatory. The pioneer testified in 2006 on behalf of google that the overarching principle of the open internet was that no central gatekeeper should exert control over the internet. This open and competitive environment means that entrepreneurs for new ideas need not worry about getting permission for inventions to reach endusers. Over following decades the growth of our competitive internet revolutionized our lives, our work, businesses, and entire world. Millions of good paying jobs
300 points, essentially gaining back what was lost yesterd wh the fed cut Interest Rates and then hinted that there might not be any re. But everything changed at midday when President Trump tweeted that he plann to impose another 10 in tariffs 300 billion of chinese goods, and the Market Reaction was immediate and sizable. The industry avera fell 280 points, 26,583. The nasdaq was down 64. The s p slipped by 26. Companies most vulnerable to higher tariffs were especially hit hard, incding caterpillar, boeing and apple. Eamon javers starts us out tonight from the whitehous reporter President Trump spoke to reporters at the white house today after issuing that sees of tweets suggesting hes going to be raising tariffs on chinese products coming united states. He said he wasnt concerned at all about that stock markete selloffw this afternoon in the wake of his announcement. He said he expected that, and effectively h effectively here he blames the f stock marke not fully understanding wha