standards is apparently enough to mess up someone's life. that was more against the epic watching out to you. nice to have you company this afternoon, just approaching. how possible here moscow. back again, at the top of the ah, the by doing ministration is under water in just about every way. is this due to bad policies or bad messaging? maybe it's both. there's also an important question. yes, presidents come and go. but elite and special interests remain very powerful. are they a threat to democracy? with, [000:00:00;00]

with this is boon, but the one bid their show you care to coordinate the branch of war. and i'm rachel blevins in washington and coming up telecom giant. a tv and verizon are now saying they would delay their 5 g roll out around certain airports after nearly every major airlines with their concerns over the impact of the new technology will disgust plus the largest acquisition ever and the video gaming industry. we'll tell you all about that. $68000000000.00 deal between microsoft and acquisition blizzard and what it means for both company and oil prices. they're sitting at their higher level, 2014. as laurie demand and the fact and critical bulk think they're putting pressure on output while supply chain back up continued it with the auto industry has price and store. there's

a lot to get to look go and we leave the program with the ongoing fight over the future of 5 d technology between top telecom giants and major airlines in the united state. the white house is now getting involved with a senior official tele reuters. it is working with all sides to find quote, a solution that maximizes 5 g deployment, while protecting air safety and minimizing disruptions, the passenger travel cargo operations, and our economic recovery. now this comes as c, e o 's, and nearly every major us airline are calling. i'm president biden, to immediately act to prevent the 5. do you roll out set to take place across the country? the fios from alaska airlines, american delta, fedex jet, blue, south, west united and others, wrote that immediate action to address 5 g interference with the national, a. vh, and system was needed their letter reason part. we're riding with urgency to request that 5 g be implemented everywhere in the country, except within the approximate 2 miles of airport runways. that affected airports as defined by the f. a on january 19th, 2022. now in response

a t and t and verizon on tuesday, and i'll say will delay deployment of 5 g service towers around certain airport. joining us now to discuss all the latest, investigative journalist bun swan and captain dennis teacher communications committee, chairman of the allied pilots association ban. let's start with you here. and i know we talked about this issue about 2 weeks ago when the initial 5 do roll out was planned but delayed. so why are the c o saying that wednesdays deployment of 5 g technology would be so detrimental? yeah, i think what we're really seeing here guys, especially in the rhetoric, has gone back and forth of the last 24 hours is really a lot of bureaucratic mess here, right? you have a t and t and you've horizon who were saying, hey, we'll hold off on some of this. they've already held off a month. and then another 2 weeks did. but you have the airlines pilot companies accusing than c, e o. 's that are coming out and saying, hey listen, if this is allowed to continue and if 5 g is deployed within those 2 miles,

it's not the airlines i may have this wrong. and my understanding is the airlines aren't voluntarily saying we're not going to take off, they're saying the f a won't allow us to take off in certain areas. and as a result of that, i'll give you an example. united airline says if this happens, there would be about 15000 flights that were effected at 1250000 passengers, who could be affected by this or what they're saying. as the ceo of these companies is listening, the epa is not making clear what we can and cannot do because of 5 g technology. and the, the 5 g companies, the telecommunications companies, rise in an 80 and t are saying, listen, why can't the f a figure out how to do this. other countries have figured out how to do this. and they have already put into place a contingency plan around certain airports. and so there seems to be not so much a conflict between the telecommunications companies and the airlines so much as there is among the bureaucratic system in washington dc. absolutely, and there's a lot of money at stake for both sides, obviously on top of safety as well. captain tater. what specifically is this

technical issue here? why does the f a believe their fives, you will impact commercial airliners and our pilots concerned about this? but it brings up great points in one of these is narrowing it down is a fight between the a, c, c, f, a and a battle of acronyms. actually the essays got this right. the system, no matter how you argue they should have been at this longer, you know, months ago that the commercial anger, i guess by the cellphone companies. but the bottom line is, this bombards the air crafts close to the ground and it gets through to the radio altimeter, which feeds information to 17 flight control systems engine and a ice auto throttles. so it has a significant impact on the aircraft when it's bombarded by this 5 g signal. if it's not properly tested, we find out where the exposure is. and so the f a actually put out a circular and said that pilots may not capture these anomalies. quick enough to

maintain a safe flight and landing, maintain safelite and landing. so this became a big safety issue, not just reliability about getting into low weather airports. so what we have now is at least some safe space that the cell phone companies have agreed to. and it sounds like president biden, you know, stepped up and became the captain and, and got this, this interim deal done. we're still reviewing it, but they're not going to deploy it to many of the airports. they gave us the greatest concern and, and that's good news. for a passenger not only for their safety, but for the airline industry liability. now, captain tater, whenever it comes to this battle, we know that this is sort of been ongoing for a while now, but it hasn't really lied to a lot of talk is, is a battle that you see really continuing in the months to come, especially as those big telecom companies try to roll out that new technology. well, there won't be

a battle if they join together with us in getting it done safely. we respect and understand our commercial interest. i'd be upset to if i spent an aggregate of $80000000000.00 to buy something and then i couldn't deploy, but some of their angst at the day they might really look closer and find out why didn't you deploy a team to ensure that this was going to roll out smoothly, i'm not here to defend the f a, but i am here to give them accolades for noting the safety risk that was coming to us. and it was another mention of it being deployed to other countries. it wasn't deployed this way. the frequency was much less powerful the, the power of it was degraded. the antennas were pointed down, the aircraft was projected much further out. i'm using francis an example. so they're trying to make apples to apples. it's apples to rocks of the good news is today we have some time now we'll get this done. right? yes, i only a lot of money at the daycare and will continue to follow this one boom bust benson and captain dennis tater of the allied pilots association. thank you both for your

insight. thank you. and it's the largest acquisition ever for the video game industry as x box maker, microsoft has agreed to purchase publisher, activision blizzard, known for blockbuster games, like world of warcraft, and the call of duty franchise. with a $68700000000.00 price tag is the largest acquisition ever made for microsoft, the world's 2nd most valuable company. now activision blizzard has faced allegations of sexual harassment and discrimination within the company, which resulted in a lawsuit filed in july by california department of fair employment and housing prompting many partners to pull back from the embattled company. microsoft will pay $95.00 per share for the company considerably above friday's closing price of just over $65.00, but within the range of the pre lawsuit price. so as for the benefit benefit to the consul giant, it's likely that it will ad activation. blizzard games to it subscription service game pass, which allows you to play over $100.00 titled, and it's library on console and p. c. and in recent years,

microsoft has been gobbling up some of the biggest names in the industry to bolster their catalogue in 2020. it bought venom ex media for $8100000000.00. and i p like the elder scrolls and dumas series is and in 2014, it acquired micro or minecraft maker, mo yang, for $2500000000.00. a deal is also seen as a push for the companies to move into the met ever. so joining us now discuss is dan, i is the managing director and equity research at wed bush securities, dana, pleasure to have you on the show. now obviously we laid out some of the motivation behind all this for both companies for that matter. but what is microsoft hoping to accomplish with this, the biggest ever acquisition from microsoft in the enterprise, visit the cloud strategy. that's been the home run success over the last decade under the dela, it's part of why the stock is where it is. 2.3 trillion, but the consumer strategy that's been on a treadmill approach and they needed to do an aggressive acquisition. you could

activation, i mean that checks every box stocks, obviously bit under a lot of pressure given the ceo issues and from microsoft i in our opinion, right, move at the right time for a company that, that by the end of this year without doing a deal would have been about $140000000000.00 of cash. now you mentioned the timing of all of this was this the case were active vision essentially was in a position where they needed to sell due to the allegations in the lawsuit. and the fact that some companies were reluctant to work with them and did microsoft suite and that deal by paying a premium for the company. yeah, it's a great question. activision clearly had their back against the wall. now didn't necessarily needed to sell but, but clearly the stock was under a lot of pressure. and from a microsoft perspective, i mean, once they sort of corded activision paying that price, i think the $1.00 thing after memory, this is down significantly from tricky to we cause. so i think microsoft ultimately got one called a steel, but something that is going to be

a creative to earnings. and if you look at content right now and gaming and step back, it's an arm series going on in content screening, especially on the matter verse. activision had a unique assa, you could call duty notes franchises, and they tried thing for red men. it was time to hit the bid and go out this deal. well, absolutely, and i don't think there was any situation in which microsoft would've been able to get activation at $95.00 a year a year ago. that would have been a ludicrous offer. so, i mean, yeah, maybe they didn't pay the highest premium, but it does seem like a deal for sure. now you've got something there at the end because we keep hearing how this is going to make an impact when it comes to the meta verse. and every time we see some sort of move by a major company and a block chain or tack it shocked up to a metaphor, play, it is legitimate or has metaphors just because to become the buttons word that lets you know, hey, we're looking towards the future yeah, i mean look, i think you got separated. the ultimate reason they did the acquisition is for gaming, for screaming in the carpet and that's something microsoft was mentioned about matter. verse,

i think microsoft also recognized that they can really go on the offensive in terms of getting a met adverse play. and the 1st model is going to be on gaming. and that's why the activision was such a strong asset. now you look at apple, you look at amazon, google, facebook, they can't really go after big game and a given the anti trust environment. i mean microsoft by nuance, now they be this acquisition. so i think for adela recognize it was a window of opportunity not just for the gaming piece book for the matter verse. now whenever it comes to, you know, sort of adopting the multiverse. i know whenever facebook analysis is really going to catch on and something that everyone is going to continue to want to be a part of. look, i think there's a mind is ation opportunity in the matter verse over the next 5 to 7 years. at 1st it's probably gaming in terms of where we'll see that play out. but i think for facebook, i mean that's something where the modernization continues these social media and

digital advertising as being met adverse over them. they're called 5710 years. it's going to be the trend. i think it's real, but it still needs to prove out to see will call where the winners are and where the loses are in this, but big tack. clearly talking with their wallets. absolutely, and i think one of the big things here when it comes to matter versus we need to see kind of the real proof of concept with the ideas. we see a lot of talk about it, but we got to see that proof of concept, dan ais, managing director of web security. we'll have you back there. thank you so much and time now for a quick break, only come back. oil prices are 7 year highs. while car prices are rising in the supply chain constraint for dig into these 2 very important stories next and as we go to break here, the numbers that the clothes with

a ah ah ah no other shares are happy to report pleasant sounding lines. our politicians are constantly telling us, pleasant lies. i'm a show. we dare to delve into unpleasant truth.

yes, me, i didn't know risky. in fact will i? lisa typical. there is only 9 but already a diversity students that a way of rational thinking about a new model appointment. let's see. yep. you got the floss. there's doors to deal with them. he did not know boucher able to go with younger terms that he make them come no recalls. he will show control center program, use them now. bush, 19 percent, and of course with them will your special but i will the, yeah my but i said i was thinking what the plan was to get push in was and you mentioned something that it was just the www. that it was nicola knew which with soon losing it when you moved to judge blanca for his teacher was also

reason just released coordinate ah, welcome back. the recovery continue sending oil prices to 7 year highs on tuesday while west texas intermediate close in on $85.00 per barrel. the international benchmark brent crude was over $87.00 per barrel raising questions about whether that $100.00 per barrel or dollar threshold could be right around the corner. now, while the last month has been filled with concerns over the impact of the amazon, very, the man continued to come roaring back as opec plus continues to stand firm on its plan to return production to prepare that mac level. however, the current raleigh is also being fueled by concern over international tensions. 3 people were killed and 3 oil tankers were destroyed in the u. e. on monday was

saudi arabia immediately placing the blame on who the rebels and yemen, as fighting between the 2 sides intensified. at the same time, the u. s. is increased warnings that russia is planning to invade ukraine. and while moscow has repeatedly denied those claims, it has led to speculation over how the conflict between the 2 countries will impact energy prices worldwide. so joining us not just the latest is june bus co host, crispy i. now christy, while the state of demand has had a major impact on oil prices over the last 2 years, how are we seeing concerns over supplies once again, playing a role and sending oil prices to their highest points since october of 2014 well as well. a balance has been applied sized story for the entire year of 2021, and it will likely continue to be the case in 2022. so oil prices rallied 50 percent last year. and as the wall recover from coven supply is now struggling to keep up. so there's a lack of production capacity and also limited investment in the sector. that is

really constraining the supply side. and the main reason that was likely to remain high is that opec now, once again has become the main decision maker on oil prices. and they want higher oil, the u. s. with previously the wild card and oil production, because producers, they could simply draw more when prices were high. but now that is no longer the case anymore. so us applies are unlikely to return to their previous highs. that lead opec basically free reign to decide the price of oil. and now today there's further concern about supply and specifically supply disruption, the current damage, and the attack on monday to the u. a. e. oil facilities. and i would say is not significant in and of itself, but it does raise a question of what happens if there are more supply disruption in the region in 2022. and the attack raised the geopolitical risk in the region, adding to the geopolitical price premiums are already there as a result of the rising tensions between ukraine and russia. and in addition to colleagues on opec plus to actually increase supply, the byte administration is in the process of releasing up to $50000000.00 barrels

of oil from the united states strategic petroleum reserve. is that expected to have any impact at least here, especially given everything else that, that play some impact. but the strategic reserve least was an attempt by, by them to try to bring down the cost of oil for the american people. so it was essentially coordinated released between the u. s. india, japan, korea, and the u. k. and it was the 1st such move of its kind. so of the $50000000.00 barrels, $32000000.00 will be an exchange over the next several months or $800000000.00 barrels will be an acceleration of a previously authorized sale. and this event is significant as if that official emergence of this anti opec group of top oil consuming countries, taking the supply side dynamics into their own hands. and this comes after month of talk with opec only to have them decide to maintain its previous production schedule and not accelerate pumping. so now these countries are trying to flood the market with millions of where the oil in order to create an artificial looseness and the oil markets and drive down oil prices. and while it's a very good effort,

it's only a temporary band aid in order to help bridge the production shortfall, americans are facing this winter. it's not something that the u. s. and their partner countries can sustain long term because it's a valiant effort. it's not really going to work to the effect by the wants because the strategic petroleum reserve. it's not there to try to manipulate the price, is only there to offset short term unexpected supply disruption. so i don't see, we'll see a huge impact from this effort. certainly a lot of politics at play here, but we've got about a minute left. i know there has been a lot of speculation that we could see oil hitting $100.00 per barrel in the near future. as we are we likely to see that in 2022 because that become a reality is very likely it will be a reality to see a $100.00 oil. if this is not correct. so the u. s. they should really consider bring american producers back to the table and asking them to ramp up the output in order to offset the supply and balance rather than just worrying about sticking to

the screen agenda, which is once again, a purely political platform. it's not like the u. s. lacks the infrastructure or know how to produce its own oil, but the industry, they've recently gone pomona and punished for using extensive leverage over the last couple of years that now all the producers are there are very hesitant to ramp up. and instead they're doing so very slowly as to not over expand again. for example, pioneer, they're only planning to grow from 0 to 5 percent this year, even with the $100.00 oil in its future. but in any case, this will be terrible for the global recovery. as high oil prices will keep inflation high as well. touches basically everything in the supply chain from production to delivery. certainly a lot of moving parts there. boom us, christy, i thank you for your insight. gift and as we have been talking about us inflation at nearly 40 year highs, one area that is seen prices make a major leap is the auto industry. the average price of

a new car rose to just over $47000.00 in december of 2021. so just how about is that? well, consider this. the increase for new car prices in 2019 was $1800.00. around $3300.00 in 2020, and then a staggering 6200 dollars last year. now rising demand coupled with limited supply due to the pandemic related precautions in the ongoing chip shortage, have had a major impact on prices. supply issues are also putting pressure on the used car prices, which jumped more than 35 percent last year. so let's go ahead and take a look at what's going on here with brian moody is a motive editor with auto trader. pleasure to have you back on the show, brian. i want to start with the new price, new car prices. that is to say here, that jump a price of more than $6000.00 seems incredible. how was actually demand keeping up with those massive price increases? you know, the funny thing is demand is quite strong. so what happens when demand drops? the prices may come down,

but there is no sign of not right now. people are expecting to pay over sticker price and they are paying over sticker price just as an example. just think of this for a 2nd. the average price paid for a luxury car is around $65000.00. now that's a lot of money. so people have an appetite for these, the demand is still there, but you're right, the prices are going up and they probably aren't going to come down in the near future, but eventually, i think they will wirelessly, may be interesting to see now what about used vehicles here, i mean with no and insight to the chip shortage. that is slowing production of new cars. are you expecting use car prices to stay high? they will for the time be in used car prices will start to soften a little bit in the spring and then as we get closer to the fall. busy of 2022. you can see a little bit more of a normal pattern kicking in and all that has to do with a couple of things demand. but also new car shortages drive people to look for used cars. in fact,

we know that certified pre owned sales are very high right now too. so people are looking for a way to solve the problem, which is i want a new car and not finding it. what else can i do? yeah, that's a good question. now we've talked about the u. s, but at the same time european car sells, sold by 22 percent in december, and we're down one and a half percent for the entire year. so what's behind this plunge, and is it something we might see here as prices continue to rise? it could be what's behind this in europe are several things. of course, the microchip shortage problems at the port increase sicknesses from people, chain issues, all of these things. comp pound to make less cars available. so when there are less cars available, of course to be fewer cars purchased. one interesting note though is that those fewer car sales aren't always translating into lower profits. because more and more people are buying luxury vehicles or they're paying more for the cars that are say,

the most profitable. and so it's in a way, automakers are making fewer cars. but in some cases, they're making more money because they're focusing their efforts on the more profitable models. absolutely. that's something we even saw here as dealers were able to kind of bring those prices up and make good profit, despite not having the inventory on their lots. i want to hit one more thing and have about 30 seconds for that. more than 20 percent of new cars sold in europe in britain in december, where electric actually outpacing diesel vehicles sold. how important is that as either starting to make up a good portion of monthly sales in a nation like that? and is that something we might see here? we might see it here. but remember in europe, those are regulatory types, concerns they're, they're pushing these things with some legislative, they did this with diesel, they tax gasoline at a higher rate than diesel. and that wasn't the right thing to do. they're doing something similar, i think in the us, what we might see is day by 2030. we see electric cars making up roughly 30 percent or

a 3rd of the market altogether because right now they're less than us than what 4 percent . if you include plug in hybrids and electric vehicles, so it's coming, but maybe not quite as fast as you would be in europe. that's it. interesting that that 4 percent. because we hear so much about tv where 80 percent of the news is about e v. that they only make about 4 percent the market, ryan moody of auto trader. thank you so much. thank you. and finally, the largest diamond to ever be put up for auction will be on sale. it's other bees in due by next month, the mammoth diamond has been nicknamed the enigma. and it comes in at a whopping $555.00, karen. and if that's not enough of the number 5, it also has 55. bassett. the enigma made a name for itself in the guinness book of world records back in 2006 when it was declared, the largest cut diamond in the world. now in addition to being an incredibly rare blocked, i'm and it is also the 1st series that it may have originated from outer space. given it's carbon isotopes,

and high hydrogen content. the out of this world diamond is expected to fetch at least $6800000.00. and if you just happen to have that kind of money to spend, your options for payment also include bitcoin a theorem and u. s. b c, all of which. so the re says it will accept at next month. auction certainly be interesting to see what they get from. i mean that it sounds like a math and i'm only $7000000.00 for something that possibly came from space. that's ridiculous to me. and that's it for the time you can catch boom by the on demand on the portable tv app available on smartphones, tablets you google play in the apple app store by searching portable tv fordable tv . you can also download it on samsung smart tv roku devices or simply check it out at portable dot tv will see you next time. me ah, ah, this is your media

a reflection of reality in a world transformed what will make you feel safe for? tyson lation for community. are you going the right way or are you being that somewhere direct? this is faith in the world corrupted. you need to descend. ah, so join us in the depths or remain in the shallows. so called enhanced interrogation techniques used by the u. s. officials were basically designed as techniques to break down the human mind. if you force a human being to stay in

a certain position doesn't take very long to the pain involved to become absolutely excruciating. but nobody clean finger on you. you are doing it to yourself. and we started adopting those techniques when i was station and mortal among them were stress positions, sleep deprivation. and usually hypothermia is already beginning to be evidence that these old techniques are now being used on immigrant and children, whatever you do or more comes home, nobody has been held accountable for the torture that happened in the past. the moral authority, the made america award later sacrifice. but the shimmer of effective interrogation dividing ministration is under water in just about every way. is this due to bad policies or bad messaging? maybe it's vo. there's also an important question. yes, presidents come and go,

but elite and special interests remain very powerful. are they a threat to democracy? ah, the headlines, this is brittany is counseling vaccine, passports in the parent bid by bars. johnson societies, reputation often the park and scandal. also, this are western media ramp up rhetoric over russia, supposedly planning to invade crane. a claim that moscow has consistently denied and the midwife in the us is furious of the word mother is banned from her profession. as pressure grows for health care workers to use gender neutral language a good afternoon, just gone 5 o'clock in moscow. you're watching us international. now,