this is the one business show you can't afford to miss in washington coming up president trump has extended the deadline for the tick tock ban in order to allow microsoft to acquire the aftermaths chinese parent company will the u.s. tech giant be able to seal the deal and how will this affect tensions between the world's 2 largest economies plus the nasdaq has popped once again on news that apple has now claimed the title of the world's most valuable publicly traded company we'll break down what lies in store for the tech giant impact show today so

let's dive right in. and we lead the program with one of the biggest tech stories of the year and it appears to be playing out minute by minute microsoft confirmed monday that it is in talks to buy tick tock from chinese parent company bite day it's now this of course after u.s. president donald trump announced a plan to ban the app in the united states president trump spoke about the controversial situation monday afternoon. and i'm sure it can be controlled for security reasons but in china too big too. invasive and it can be and here's the deal i don't mind if there's microsoft or somebody else a big company the security company very very american company by i set a date of around september 15th at which point it's going to be out of business in the united states but if somebody whether it's microsoft or somebody else buys it that will be interesting i did say that if you buy it. whatever the price is that

goes to whoever owns it because i guess it's china essentially but more than anything else i said a very substantial portion of the price is going to have to come into the treasury of the united states because we're making it possible for this deal to happen right now they don't have the rights unless we give it to them and the chinese foreign ministry for their part respond to the reports early monday calling out the u.s. for hypocrisy and double standards in the move while claiming this is a violation of key principles of the world trade organization now for more on this let's go ahead and bring in blue bus co-host ben swan and cyber security expert todd shipley who also serves as president of dark intel now ben i want to start off with you here let's kind of it it appears that microsoft has about $45.00 days to get this deal done but doesn't it seem strange for the u.s. government to ban a company and then turn around and basically force them to sell helping an american tech giant to buy. yeah i think the whole thing is pretty disgusting i mean as this

is all playing out everything is wrong with this from the fact that number one as you said 45 days this company is being told you're going to be banned in the united states you can sell office in chile the u.s. version canadian version australia new zealand versions of tiktaalik dance can and in exchange for that not only will a big company like microsoft get to take over talk but at the same time you just heard what the president said he says a substantial portion of that price should go into the u.s. treasury white because we're facilitating this dio what i mean this is this goes against everything that if you believe in a free market capitalism there's nothing free market about it there's nothing capitalism about it it's all cronyism and the fact that evil what the president said about it go into a big company like a microsoft the reality is we know that big tech companies in the united states facebook and apple and google have not been good stewards of data here in the u.s.

of the collection of data they use and the misuse of data it happens all the time so the idea that the chinese are collecting data and they're bad but when facebook and apple and google and now possibly microsoft are collecting that same data it's somehow ok that somehow a good thing it makes no sense to me at all you know todd actually before i get to any deep content in this i really want to ask you 1st what is your opinion of this situation we just heard ben say that this is a terrible idea but what do you make of this situation of the president basically forcing the sale of this and to an american tech company. well i think overall this is the geopolitical politics of. china and the ongoing problem that we've had with china already because you look back at what has happened with wall way in the other events that are going on and the fact that india's already be end you know tick tock there's a lot of other things that are happening here so it's not it is about the data and

how it's going to be stored and we want the chinese government to have access to that data and compare it to the other data they've stolen from us and be able to put a picture together of americans and what they do or do you want to american companies have it in granted the american companies of been know better about the data but at least the data is in the united states at some point. so ben i mean you just alluded to the fact of. something about todd actually just referenced right there is that you know american tech companies haven't been great with our data and whether they provide things to law enforcement the government or just to other businesses and selling that data so this is in europe it is actually no better to have microsoft take over this company. well i it might be somewhat better but i don't know that it's better i don't think there's any evidence that it's necessarily better other than the fact that there is a belief that the chinese are misusing or collecting data and because it's

a you know national government collecting this data it is harmful to us that is the belief but i don't know that we have seen evidence that it is more harmful for china to have and to hold that data than it is for anybody else to do it and certainly a company like microsoft and facebook what we have seen over the last 2 years in terms of the abuse of tech companies to control narratives to control content could to control speech online microsoft would jump right into that tiktaalik is an anomaly in that it is the 1st tech company in recent years to outpace and out grow massive behemoths like facebook and youtube and instagram and so it was one of the few companies they didn't get acquired and it was out there you know whether it's a good thing or a bad thing i think is is not the question it's the fact that it's another tech giant who will now control another form of social media and just because it's

american doesn't make it you know by virtue good versus bad. in recent weeks months maybe even the last year tick tock is kind of been outperforming us tech companies and social media for that matter and now suddenly the u.s. has a problem with cyber security with the company which is understandable no doubt about it but you know i understand a ban of the company if that's where you want to go geo politically you could make that argument but now you're going to sell it to one of the biggest companies here in the u.s. . who has editrix concerns it has of the past yeah i mean aren't other nations todd going to see this as us essentially the u.s. saying we're going to steal your company if they're successful and we don't really like their business practices. well i mean that's certainly you know position to take but i think if we look back at the ongoing issues that we have with china that is just another one of those things that has

been a release of data about americans and that's essentially what the government's position is that they don't want the chinese government to control the data now right or wrong whether you believe that's true or not that's the position that the trumpet ministration is taking and so we've had ongoing issues like i said if we look at what way and the other things that have happened this is not something the just crept up keep in mind that you know to talk to a u.s. c.e.o. so that they could look better they've got a lobbying company in washington to lobby for themselves so they've been playing the game for some time knowing that this was coming because of the ongoing issues with china so is it an issue with the security who knows for sure probably but the u.s. government now at this point is taking on the position that they're going to control tick-tock and get it to a u.s. company and that was just a solution because keep in mind the trump administration wanted to ban it they were

going to do this until. microsoft stepped up and in agreed to buy it because facebook has already tried to buy it one time before. bed i want to give you the final word on this i mean i guess just looking at it from an outsider perspective it appears that if you ban it you bat it that's fine but brokering a deal just looks like you're propping up american companies what's your response although i think i think it does look like that i think it just globally it looks really bad i think even within the united states it can look bad they say listen this company is that is bad because of the collection of data that was being passed to government but if we broker a deal why wouldn't microsoft and pass that same data to the u.s. government i mean again it comes down to a question of is a government evil because it's chinese or is. government in general a negative in terms of the way it tries to dominate and control people and if you believe that then you believe that any government that's harvesting data and

collecting data any tech company that's handing off dated to governments is a problem and lastly i'd say that microsoft has basically been out of the game so the fact that microsoft stepped up and said oh we'll take this on of course they will right this is arguably right the most successful tech company right now in terms of growth in the entire world and so microsoft wants to jump in and just and just grab it i think there needs to be new rules on data collection not just who is collecting who must co-host ben so on and cyber security expert todd shipley thank you both for your insight lot to cover here so i have your back. and all eyes are still on the race for a cope in $1000.00 vaccine u.s. drugmaker said monday it is beginning a late stage trial of an experimental antibody treatment now the phase 3 trial will test their l.-y. c.o.v. 555 drug created in partnership with canadian biotech firm. on up to 2400 participants who live or work in the u.s. nursing homes which have recently diagnosed

a case of the virus now meanwhile the russian health ministry announced over the weekend that clinical trials of a vaccine candidate from the moscow based get malaria institute have included with positive results adding that while any vaccine would of course face regulatory approval the country is ready for mass vaccination as soon as october and with all this vaccine related news the director general of the world health organization warned against overconfidence in reports of late stage vaccine tests. number of vaccine is out and now in phase 3 clinical trials and we all hope to have a number of effective vaccines that can help prevent people from infection however there is no silver bullet at the moment and then might never be for now stopping outbreaks comes down to the basics of public health and disease control testing isolating and treating patients and tracy and quote and

to their contacts on. and with this in mind let's go ahead and take a look at the spread of the virus with our correspondents. so where are we worldwide so grand more than 18000000 people around the world have been diagnosed with the corner as of monday but almost 11000000 of those 80000000 have fully recovered meaning that about 65 percent of those 18000000 have fully recovered while nearly 695000 people have died now the u.s. has recorded by far the highest number of cases worldwide right now more than 4800000 cases 50 percent of which have fully recovered and the u.s. that's right now stands at around 158000 so a little over 3 percent have died from the virus here in the u.s. while in new forecast from the u.s. centers for disease control and prevention estimates that the death toll in the

u.s. is projected to reach at least 173005 august 22nd so that's less than 20 days from now that's going to claim another $15000.00 lives and brand so far july has been the worst month in the u.s. with nearly $1800000.00 cases in this month alone and about 4040 percent of the cases in the u.s. occurred in july when restrictions were lifted in most states and we thought we saw the worst of it in april when we had over 858000 cases but then again in july we saw such a big jump may and june both were in any better but going into august we're looking for a better numbers but the good news is that deaths have been significantly lower in july compared to other mon so that's a really big plus so going into august on sunday the u.s.

reporter around $47000.00 cases. now that's that's an increase in almost 4 weeks that's a small it's actually i should say increase in almost 4 weeks and as of 4 pm monday another 8500 cases have been reported so again that's a positive news right now but i also want to take a look at 5 most affected countries right now and whether those countries are anywhere close to flattening the curve so the u.s. like i mentioned of course they're seeing a small decrease in numbers but still nowhere near the curve now india is once again trending up that's the orange right here india is seeing more and more increases in fact just in the last 24 hours they saw 52000 cases so that's not good at all brazil is doing slightly better as you see there the one the red there going up and then up and down they're seeing slightly less you see right here going down but still they have a long way to go just in the last 24 hours they saw about $24000.00 cases now south

africa right here in purple now they appear to be doing a little bit better but not not by much on average they're seeing about $8100.00 cases per day now russia the country right here appears to be flattening a little bit and they're the country with the 4th most cases in the world but they're still averaging about $5500.00 cases per day so right here top 5 affected countries that appear not to be anywhere near flattening the curve then there are countries that are seeing a 2nd wave right now like japan where cases ruled by more than 50 percent in july while us trail is also battling a new wave of infections hong kong israel and spain are also fighting a 2nd wave while iran one person is dying from quote 1000 it every 7 minutes. r t correspondent sayah tab hunter thank you for keeping us up to date. and time now for

a quick break but hang here because when we return big tech continues its winning streak as apple i think that drove the world's most valuable publicly traded company straight ahead we'll take a look at how markets are reacting as we go to break here the numbers of. the so. dear viewer thank you for finally changing the channel 'd understand you're tired

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and welcome back tech heavy way apple became the world's most valuable publicly traded company on friday and sitting state oil giant saudi aramco shares an apple gain more than 10 percent on friday alone after a strong earnings report the day prior and continued its run on monday adding as much as 5 percent at points throughout the day at close friday the company's market valuation top $1.00 trillion dollar. as well saudi aramco now sits just over $1.00 trillion apple stock struggled at the onset of the crowbars pandemic but is now up more than 44 percent this year old lowered meanwhile the company also announced a 4 to one stock split so for more on what is more on this and what else is moving markets let's go ahead and bring in blue bus co-host christiane c.e.o. of transformative research tobin smith thank you both for joining us today i know kristie why did apple know the stock split well apple announced this on thursday

after earnings which reported strong sales and. beating analysts expectations so this stock split would quote help to appeal to a broader group of investors that is make it more attractive to retail investors who have a really hard time struggling and swallowing a triple digit price tag of 400 so the last time they did this was back in 2014 when they did a 7 to one stock split when you had the 700 price mark so stocks but really doesn't do anything for its valuation the price this quarter the dividends are quarters so it's exactly the same thing but cosmetic lee it looks very different because the price tag is lower so to an average retail trader it doesn't seem like that big of a commitment to buy something at a share of $100.00 versus $400.00 so it makes the stock a lot more liquid and tradable so right now there are one actual effect of the stock but one benefit is that it relates to the membership of the dow the dow is a price weighted average versus versus a percentage based index so that means the moves are based on the dollar move at

the price so previously apple had the most effect on the dow every single time it moved because it was the largest member of the dow but now ever since it dropped from $400.00 price tag to one $100.00 price tag now it is no longer the largest weighted member of the dow and is replaced by united health interesting note is this valuation of $1.00 trillion really justified i mean apple's neither a growth stock nor a value stock and innovate. it is slowing down as the wearables category is really not taking off as they had initially planned and what do you see and hear. well are our philosophy on investing change significantly you know maybe a decade ago decade and a half that apple is building a digital platform and when every time they add a new customer it costs them nothing to do it number one number 2 is when you sign up for a phone today whether in the united states or europe or trying to the telephone company essentially finances you nobody's paying 1500 bucks for that new phone that

i just got that i can't live without from apple you're paying $45.00 a month so the nature of the business has changed that it's profitability its business model has changed and as the service is continues to grow faster than any other service business remember if you took the service business alone and please you know tech companies are saying please will you break this up because every time you break up a tech company the value goes up if you value the service business just on a normal you know dollar a normal revenue time so you mean the multiple of sales it gives me it would be worth $2.00 trillion dollars today but that's the reality so the market is paying for this business that never goes away sticky you don't once you're in the apple ecosystem you're in the apple ecosystem you know kristie i want to hit on the u.s. dollar here following its worst performance in decades the dollar is now staging a comeback in august shorts are getting crushed as the dollar surged on the back of

a euro slump and accelerating weakness in the yen what's going on here at this repositioning while last month he had this surge in the dollar shorts and that's why you saw gold as well as decline surging and the dollar weakened as bets were taken against the u.s. economy and how poorly it was handling the coronavirus pandemic so strategist also warned against the dangers of this unlimited money printing business by the central bank and unsustainability of its current. directory however in this latest survey right now asset managers are net lall the euro and the yen while selling off the u.s. dollars and the survey recorded the highest exposure in years while the u.s. dollar sold off heavily against it however this today on the 1st day of august trading the traders are starting to turn their attention towards a surging amount of covert cases now in europe and japan so it seems like there are experiencing a resurgence a 2nd wave that was not expected and due to that the euro lost about 200 pips the 2 in the 2 1st 2 days as traders were struggling to find another alternative safe

haven currency so right now at this point what's most surprising of all is that goal today is still up for that matter as well that both of them are rallying and gold is still holding strong and green despite the strength of the dollar when normally they would trade inversely so this shows that despite the fact that the greenback is gaining strength a little bit reversing last month's trajectory the trust is still not what it was before as other safety assets are now being considered and instead. i want to talk a little bit about the economy here lord and taylor is now the latest retail casually filing for bankruptcy now meanwhile additional stimulus talks have been stalled out here leaving a lapse in unemployment assistance what do you see when it comes to holding up this stimulus package and how bad it is going to hurt those who actually need it immediately. sure well 1st of the you know little misinformation out there if you filed your claim on sunday you know you do it digitally electronically then those

people are going to get paid the $600.00 on monday or tuesday depending on the state they're going to have cash this week but then we get to friday and the jobs report is going to be it's maybe i mean i guess i would say this is you'll be you know bad news is good news then with the numbers we see is that that we're going to see a spike up in employment we're going to see a spike down in employment which means that congress better get off their ass because what's going to happen is is that you start to get the sort of tumbling down effect the consumer spends about $1.00 trillion dollars a month in in a excuse me an inmate in june and somebody in july if july of spending is flat or down then we got a real problem because in august if we don't have this funding we're going to be down 8090000000000 in spending that's 89 percent drop and all of a sudden we're going to drop and that's why the dollar sold off is people were looking at you know assuming that they were going to have a bad numbers are deal is right now that we're going to have slow growth but we're going to have enough job creation if we can pay the bills if the one primary worker

at home remember the united states 40 percent of people who work are working poor and they're only paying $8.00 to $10.00 jobs now you tack on being thrown out of your home for not payment for rent for foreclosure for a vixen that snowball bread becomes a nightmare and it becomes a real nightmare for the person who's in charge of the country as in our present a united states and it's last time i remember he doesn't like bad news so i got a real strong sense that they're going to have a little come to jesus meeting here and guess what they want to what it all or some republicans or democrats want $600.00 for 50 baby split the difference one of the most incredibly difficult negotiations of all time hey let's split the difference. christiane tobin smith of transformative research thank you both for. audience today. and that's it for this time you can catch boom bust on demand on the brand new portable t.v.'s of ale and smartphones and tablets to google play and the apple

app store by searching portable t.v. portable t.v. can also be downloaded on newer model samsung smart t.v.'s as well as a roku devices or simply check it out a portable t.v. we'll see you next time. we go to work so you stay home.

how can you explain love i've been to 82 countries i've given 12 but i came here and on those 3 days i just filled with hope. and he kept pretty isn't the same show. i made my decision to come here because i felt i knew i could build a new life see it at the. companies and. so i was a free man. god decided that this money is no good to be free. then. you know. my one dream is that all my children 'd find the same kind of happiness i do. i love my home i love cold weather i like the culture i like the history like. ever think about it a little bit of those lights in a special thought and as i know that i. am joined could be a ski a russian farmer my i've.

welcome to redacted tonight this is the show where americans in america covering american news are called foreign agents by the end of this segment you'll know why the 1st person to receive the electric chair in america was not a person it was an elephant named topsy but we'll get back to that a moment with 150000 americans killed by covert 19 and a u.s. drone bomb being dropped overseas roughly every 12 minutes donald trump's justice department recently thought to themselves you know we need this country. more killing there are enough murders going on because you know if you're gonna go to hell anyway make it worth it swing for the fences drive kind of like if you're gonna cheat on your partner don't have some sad one night stand in a motel and dilutes on a bed that feels like

a prison cot have an orgy with the entire backup dancer squad of britney spears vegas show that down for it in that vein the federal government on tuesday carried out its 1st execution in almost 2 decades but they couldn't do it without the tacit approval of the supreme court skoda as they're called or scrotes as i like to call them cleared the way for the execution by declining to hear a case this is the 1st execution in 17 years and it was done by lethal injection because hanging in the kind of gotten a bad rap these days feels too wild west and electrocution has been on the outs because the environmentalists were furious the electricity was coming from coal power plants i mean if you're going to turn a guy into a shift bob don't use dirty energy to do it ok can we agree on that maybe he could pedal a bike that power.