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Of the tech and telecom issues that will be discussed in washington this fall and joining us are three working reporters who cover the issues covering either the congress or other agencies. John is with political, lidia is with event driven Financial News outlet and Tara Jeffries is with bloomberg. Before we get into some of the issues i want to ask you an opening question, and see where we go with us. Lidia, what is the influence today of some of the Larger Tech Companies and here in washingtor outside . That is a great question. One of the things we are seeing right now is a permit from the Obama Administration and now from the Trump Administration away from such well recognized influenced b ....
The flat line. Dow futures up by 9 points s p futures down by 1 point. Nasdaq up by 5 1 2 nasdaq up for two out of the last three sessions as Technology Stocks continue to defy odds. Oil prices dragging things down yesterday. You can see in asia, the nikkei down slightly. Hang seng was weaker shanghai was down by a third of a percent. In europe, in the early trading, already seeing some modest declines the cac is the biggest decliner, its down by a half percentage point. The ftse off by 0. 4 crowd oil prices sitting at a tenmonth low. 42. 80. Still below 43. The big stories were watching today anything that happens at uber is big. Its another departure it took a day, but its front page on all the papers today about travis so late it missed the papers. Even now, if youre interested, some guy named bill gurley, who you may or may not know, a venture canpitalist at benchmark who was behind the push to get ckalanick out, now e step ....
Good tuesday morning. Welcome to squawk alley. Jon fortt has the morning off. Dow is down almost a hundred. Almost all of that is gold aman and j j. The president expected to sign an order today. Hell tour the factory in wisconsin. The order targets loopholes in rules requiring Government Agencies to buy american. The Administration Says there are too many waivers in those rules tucked inside the free trade. The move is praised as a smart step. Second part of the order deals with immigration directing Government Agencies to root out immigration fraud and the white house also wants to move away from using a lottery to help decide who gets an h1b visa. Tech ceos have pushed back on this issue. Bill gates, elon musk have been discussing this with Jared Kushne ....
The author is scott wooley. Mr. Wooley, looking back a hundred years ago, what was considered high tech then . Guest the wireless age has been around for about a decade and a half but there was only one app which was texting. There was before am radio as we know it now there was the wireless telegraph. By 1960 it had been around but struggled to make itself proven as a Real Wireless technology with the exception of the sinking of the titanic in 1912 so just over a hundred years ago. That is what brought Wireless Technology to the public conscious and made people consciousness and realize this is an important technology. Host what did the sinking of the titanic have to do with the Technology Development . Guest there were a hundred Wireless Technologie ....
Guest and thats the thing that really brought Wireless Technology to the public conscious and, consciousness and made people realize this is a really important technology. Its not just sort of a parlor trick. Host what did the sinking of the titanic in 1912 have to do with Wireless Technology and its development . Guest among other things, it sort of saved the mar coney Marcone Company or helped save it. There were a hundred Wireless Companies that stood up, but the marcone Wireless Telegraph Company a hundred years ago was sort of the dominant wire he company. And be yet even it had not been successful. It had tried to make a business of sending messages across the atlantic, never su ....