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Chair mar good morning, everyone. The meeting will come to order. Welcome to the thursday, february 20 meeting of the government audit and oversight committee. I am supervisor gordon mar, the chair of this committee, and im joined by Committee Member supervisor matt haney and supervisor raphael mandelman, who is substituting for supervisor peskin, who are unable to be here. Id like to thank john carroll, our clerk, and sfgovtv. Mr. Clerk, do we have any announcements . Clerk yes, thank you, mr. Chair. Please make sure you silence your cell phones and electronic devices. Copies of documents and...

Trailing it, microsoft, about 50 for the year joining us, ted smith, cofounder cramer likes to say apple is the key to the market. Do you agree i do. What about it is so important . I think the breadth of technologies they deliver to consumers and enterprises over time, and the fact in the latest cycle where they come out with apple pay, apple card, all of the partnerships theyve got going, in addition to core products, theyre so dominant on so many fronts. Getting investors familiar with new fronts has been a bit of a challenge this year, feels like were getting there, wouldnt you say the thi...

Artificial intelligence and the role of the United States. On stage. To my immediate left, is andrea thompson. She was the former under secretary of state for arms control. She was the National Security advisor to the Vice President and most importantly, 25 years of service flying in combat zones and served your country nobly. I am thrilled to see my old friend here. As many of you know, she was the former deputy National Security advisory advisor. She was the Deputy Director of the cia. She is currently at columbia university. The underus today is secretary of defense for policy. She was the ...

Charles schwab is expected to buy ameritrade jim as you noted on twitter, the unprecedented influence of robinhood. Yeah, look, when youre out here, you realize there are players. David talks about them a lot, including softbank, theyre fun organizations with no real growth path for earnings a fabulous growth path for revenues this robinhood has been an incredibly well funded sensation particularly among the younger demographic. Its very hard to fight a company that will you play for free and thats exactly what disrupted this industry was Venture Capital money. Think about it, its been a stabl...

Welcome everyone to the third in our series of hearings. This one on the role of data and prime fancy into competition. I recognize myself, i should state the obvious im, not bitter of the subcommittee, and chairs the subcommittee, the chair of the committee will be here in a few minutes. It has never been easier to share news and information that content and communicate with loved ones, all at a moments notice. Given the technological recognitions it, has added to the balance of power in our economy. Its important for us to understand how this affects americans, what is causing the asymmetrie...