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Squawk alley. Were going to begin this morning with literally an epic battle royal they are claiming anticompetitive behavior after launching a new way to buy accessories giving users a discount but cutting out the app store in the process this, of course, violates the terms of both app stores that take a 30 cut of digital sales. They both removed fortnite as a result epic games responded with lawsuits and a parody of apples famous 1984 ad platform unification directives for years they have given us their sums, their labor, their dreams in exchange we have taken now a tribute out of it, out of...

That this morning. There are people that have gloom, there are people in in the middle, and there is a sizable group saying forget about it, there is sizable momentum in the economy. We will have to see. Francine lets get straight to first word news in new york city with ritika gupta. Ritika President Donald Trump is moving to ban tiktok and we chat in the u. S. He signed executive order residents barring people from doing business with them. It does not amount to a broader ban of dealing with its owner, tencent. Tiktok says it is shocked by the order and will pursue all available remedies. Th...

3000 jobs will be cut under bains new ownership. Bain capital ownership, which in addition to these details relating to jobs, we are also expecting to hear about aircraft fleet and the future as well, this after bain bought Virgin Australia in what is a pretty bold that on an industry that has been shattered by the travel restrictions and the coronavirus pandemic. Virgin australia committed to regional and charter flying. Of targetsindication and priorities when they are restructured in addition to 3000 jobs being cut. Also getting data out of australia. Manufacturing pmi, services as well as ...

And so much more, on making money. So folks as we end the week the big investment theme is the retreat and big growth names those mega tech stocks that have been on fire for a long time, profit taking was sparked by concerns over the quality of teslas earnings, of course it came from selling those tax credits and slower cloud growth microsoft, and the smooth sailing has run into an air pocket and now these pockets though, theyve been great entry points in the past and the question now is will history repeat itself. Joining me, ubs private Wealth Management senior portfolio manager, katarina si...

And 30 technical fields. Shut out to everyone from edison state. We were saturn one saddened to learn of the death of john lewis on saturday. He really helped change america. And then to be on the civilrights pilgrimage led by john lewis he did that a number of different times we were privileged to be on one of those tours in the south. And it is an amazing experience he took us to the bridge in selma alabama where march 1965 known as blood he sunday he and other civil rights protesters were attacked and beaten as a peacefully marched. Im sure many of you have seen the film replayed the last f...