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Apr 27, 2017
04/17
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coming up, fcc chairman ajit pai calls for a review of net neutrality. nders vow a tsunami of resistance. we'll hear from chairman pai. if you like bloomberg news, check us out on the radio. you can listen on the bloomberg app and in the u.s. on sirius xm. this is bloomberg. ♪ ways wins. especially in my business. with slow internet from the phone company, you can't keep up. you're stuck, watching spinning wheels and progress bars until someone else scoops your story. switch to comcast business. with high-speed internet up to 10 gigabits per second. you wouldn't pick a slow race car. then why settle for slow internet? comcast business. built for speed. built for business. did you know slow internet can actually hold your business back? say goodbye to slow downloads, slow backups, slow everything. comcast business offers blazing fast and reliable internet that's over 6 times faster than slow internet from the phone company. say hello to internet speeds up to 250 mbps. and add phone and tv for only $34.90 more a month. call today. comcast business. built fo
coming up, fcc chairman ajit pai calls for a review of net neutrality. nders vow a tsunami of resistance. we'll hear from chairman pai. if you like bloomberg news, check us out on the radio. you can listen on the bloomberg app and in the u.s. on sirius xm. this is bloomberg. ♪ ways wins. especially in my business. with slow internet from the phone company, you can't keep up. you're stuck, watching spinning wheels and progress bars until someone else scoops your story. switch to comcast...
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Apr 26, 2017
04/17
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joining us is the federal communications commission's chairman, ajit pai. l to have you with us. first of all, i want to ask about how you intend to take on the tsunami of resistance. have you braced yourself? chairman pai: this is going to be a political debate that will engage millions of people. we will stay focused on the facts and the law. americans believe in a free and open internet, but they also want to have infrastructure investment. they want those next generation networks to be built out. we don't need heavy-handed regulations that saddle businesses with a lot of rules that this incentivize them from building those networks. that's going to be the course we are charting henceforth. caroline: have you had commitments from the internet service providers that, if these rules are repealed or changed, they will invest? i'm looking at the profits of at&t, $14 billion, $8 billion if you are comcast. shares have risen since that original ruling of net neutrality. they don't seem to have really been hurt. chairman pai: they are down 5.6% for the top 12 br
joining us is the federal communications commission's chairman, ajit pai. l to have you with us. first of all, i want to ask about how you intend to take on the tsunami of resistance. have you braced yourself? chairman pai: this is going to be a political debate that will engage millions of people. we will stay focused on the facts and the law. americans believe in a free and open internet, but they also want to have infrastructure investment. they want those next generation networks to be...
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Jan 19, 2021
01/21
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fcc chair ajit pai joins us next about what is next for him and the federal communications commissionand, we are monitoring the start of a solemn event at the lincoln memorial in washington, d.c. a memorial for the 400,000 americans who have died of covid-19. it is expected to be a moment of silence later this hour. the service will be marked by 400 lights at the reflecting pool. tomorrow, president-elect biden will take the presidential oath of office. he long pledged 100 million vaccines to mark his first 100 days in office. we will leave you with this shot of the washington monument and sunset. wanna lose weight and be healthier? it's time for aerotrainer. a more effective total body fitness solution. (announcer) aerotrainer's ergodynamic design and four patented air chambers create maximum muscle activation for better results in less time. it allows for over 20 exercises. do the aerotrainer super crunch, push ups, aero squat. it inflates in 30 seconds. aerotrainer is tested to support over 500 pounds. lose weight, look great, and be healthy. go to aerotrainer.com. that's a-e-r-o t
fcc chair ajit pai joins us next about what is next for him and the federal communications commissionand, we are monitoring the start of a solemn event at the lincoln memorial in washington, d.c. a memorial for the 400,000 americans who have died of covid-19. it is expected to be a moment of silence later this hour. the service will be marked by 400 lights at the reflecting pool. tomorrow, president-elect biden will take the presidential oath of office. he long pledged 100 million vaccines to...
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Jan 20, 2021
01/21
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fcc chair ajit pai joins us next about what is next for him and the federal communications commissionand, we are monitoring the start of a solemn event at the lincoln memorial in washington, d.c. a memorial for the 400,000 americans who have died of covid-19. it is expected to be a moment of silence later this hour. the service will be marked by 400 lights at the reflecting pool. tomorrow, president-elect biden will take the presidential oath of office. he long pledged 100 million vaccines to mark his first 100 days in office. we will leave you with this shot of the washington monument and sunset. this is bloomberg. ♪ so you're a small business, or a big one. you were thriving, but then... oh. ah. okay. plan, pivot. how do you bounce back? you don't, you bounce forward, with serious and reliable internet. powered by the largest gig speed network in america. but is it secure? sure it's secure. and even if the power goes down, your connection doesn't. so how do i do this? you don't do this. we do this, together. bounce forward, with comcast business. emily: the united states is just a d
fcc chair ajit pai joins us next about what is next for him and the federal communications commissionand, we are monitoring the start of a solemn event at the lincoln memorial in washington, d.c. a memorial for the 400,000 americans who have died of covid-19. it is expected to be a moment of silence later this hour. the service will be marked by 400 lights at the reflecting pool. tomorrow, president-elect biden will take the presidential oath of office. he long pledged 100 million vaccines to...
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Nov 5, 2019
11/19
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earlier today, i sat down with ajit pai who warned chinese tech firms pose a threat to u.s. security. take a listen. mr. pai: we have seen a great variety of evidence with respect to particular chinese vendors of behaving in ways that are not consistent with the rule of law with free markets and the like. earlier this year, the department of justice announced an indictment against huawei in which case the indictment specifically states huawei officials offered bonuses to individuals who successfully stole confidential information from certain businesses. more generally speaking, this is part of the overall chinese government effort we fear to leverage their influence over global commerce. shery: no wonder they have to see has about coming up to prohibit companies of receiving federal subsidies from buying equipment from huawei and zte. will this banning of firms of selling to huawei or carriers not be allowed to use cheaper tiny equipment of an impact on the u.s. firms and jobs? mr. pai: i start with a bedrock principle. when it comes to the security of america's committee c
earlier today, i sat down with ajit pai who warned chinese tech firms pose a threat to u.s. security. take a listen. mr. pai: we have seen a great variety of evidence with respect to particular chinese vendors of behaving in ways that are not consistent with the rule of law with free markets and the like. earlier this year, the department of justice announced an indictment against huawei in which case the indictment specifically states huawei officials offered bonuses to individuals who...
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Apr 13, 2017
04/17
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they met with ajit pai in washington. pai has a track record of opposing the existing rules.he internet association ceo, michael just -- michael beckerman, joins us from washington. david kirkpatrick, our guest host for the hour. michael, you have met with ajit pai. perhaps he wants to get rid of those. he wants to move it to the ftc instead. your view is that net neutrality should not be changed. was he open ear-eared or not? a very cordial meeting. i have a lot of respect for the chairman. we do strongly disagree on this issue. we think the fcc got the rules right in 2015. we are advocating they keep it the same. if it's not broke, don't fix it. as it results -- relates to moving to the federal trade commission, i would point to the comments from commissioner sweeney that they are not the expert agency. we have agencies in our government. all the engineers are at the fcc. that's the expert agency. we should keep it there. caroline: you're looking at a terrell, made by talking about the performance -- importance of keeping it with the fcc. pai does make out that clearly, he
they met with ajit pai in washington. pai has a track record of opposing the existing rules.he internet association ceo, michael just -- michael beckerman, joins us from washington. david kirkpatrick, our guest host for the hour. michael, you have met with ajit pai. perhaps he wants to get rid of those. he wants to move it to the ftc instead. your view is that net neutrality should not be changed. was he open ear-eared or not? a very cordial meeting. i have a lot of respect for the chairman. we...
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Apr 14, 2017
04/17
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michael, you have met with ajit pai.eresting moves perhaps he of oversightt rid fcc, andp's by the perhaps wants to move it to the ftc instead. your view is that net neutrality should not be changed. was he open ear-eared or not? >> it was a very cordial meeting. i have a lot of respect for the chairman. we do strongly disagree on this issue. we think the fcc got the rules one, right in 2015. we are advocating they keep it the same. if it's not broke, don't fix it. as a relates from moving the rules from the fcc to the federal trade commission, i would point to the comments from commissioner mcsweeney that they are not the expert agency. we have agencies in our government. all the engineers are at the fcc. that's the expert agency. we should keep it there. caroline: you're looking at a snake meant -- statement made by terrell mcsweeney about the importance of keeping it with the fcc. pai does make out that clearly, he has always tried to say that he wants net neutrality principles to remain, but a voluntary pledge instea
michael, you have met with ajit pai.eresting moves perhaps he of oversightt rid fcc, andp's by the perhaps wants to move it to the ftc instead. your view is that net neutrality should not be changed. was he open ear-eared or not? >> it was a very cordial meeting. i have a lot of respect for the chairman. we do strongly disagree on this issue. we think the fcc got the rules one, right in 2015. we are advocating they keep it the same. if it's not broke, don't fix it. as a relates from...
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Apr 13, 2019
04/19
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caroline: fcc chair ajit pai spoke to kevin cirilli about the plan. mr. he 5g fast plan to -- is the plan to facilitate america's superiority. a core part is to make more spectrum available for the commercial marketplace. later this year we will be , holding the biggest auction of spectrum in american history. 3400 megahertz of spectrum that will put a stamp on american leadership on 5g across the world. kevin: 3400 megahertz, what does that actually mean, especially when you look at global competitors like korea and china? mr. pai: we are very much ahead of the curve. we will be allocating more spectrum for commercial 5g than all the mobile broadband providers america has today combined. it's a huge influx of supply. we are confident carriers will use spectrum to deploy 5g. we want that to happen here because spectrum availability is a big part of the equation. kevin: which companies will be driving these auctions? mr. pai: i expect it will be some of the traditional players, but we are seeing a lot of interest from cable companies, silicon valley compani
caroline: fcc chair ajit pai spoke to kevin cirilli about the plan. mr. he 5g fast plan to -- is the plan to facilitate america's superiority. a core part is to make more spectrum available for the commercial marketplace. later this year we will be , holding the biggest auction of spectrum in american history. 3400 megahertz of spectrum that will put a stamp on american leadership on 5g across the world. kevin: 3400 megahertz, what does that actually mean, especially when you look at global...
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May 20, 2019
05/19
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willman ajit pai said he recommend approval. i want to bring in the reporter who broke the story, david. and peter in california. who has the authority, the sec or -- the fcc or doj? avid: approval of both agencies is needed as well as state attorneys general. it is very common to have the justice department and fcc approve a deal. they both have different standards when considering approval. the doj is focused on competition. will emerge early to higher prices for consumers. the fcc has a much higher standard, the public interest standard. on thely, they come out same side of a deal. they work very closely together. here, it looks like doj is leaning against the deal. the fcc chairman today announced that he intends to recommend approval. emily: obviously, this has been a long time coming. there have been many twists and turns. both companies have suggested concessions they can make. it sounds like the doj doesn't think there has been enough. what is your perspective on whether this is good or bad? time: i spent a lot of with t
willman ajit pai said he recommend approval. i want to bring in the reporter who broke the story, david. and peter in california. who has the authority, the sec or -- the fcc or doj? avid: approval of both agencies is needed as well as state attorneys general. it is very common to have the justice department and fcc approve a deal. they both have different standards when considering approval. the doj is focused on competition. will emerge early to higher prices for consumers. the fcc has a much...
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Nov 20, 2020
11/20
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i sat down with fcc chair ajit pai to see how he thinks the biden administration will handle it.na-u.s. relationship is complex, goes well beyond the fcc boundaries. we see a recognition the chinese communist party has a determined view about the way it wants to order the world. it is not content to simply focus internally. we see them exporting their own values abroad. as i mentioned on twitter frequently, if they are willing to take action to cause censorship on things like basketball and flag emojis or games, what will it mean in equipment from chinese manufacturers subject to chinese law, in our communications network? we see people on capitol hill speaking with a bipartisan voice as recently as this week, when they passed legislation saying, we need to think about a solution to navigate around problems we are seeing in huawei. emily: do you think samsung, huawei, zte, and others will change under the next administration? ajit: the fcc has spoken with a unified, bipartisan voice. whether it is a 5g network built in new york city or the navajo nation, everybody wants it to be
i sat down with fcc chair ajit pai to see how he thinks the biden administration will handle it.na-u.s. relationship is complex, goes well beyond the fcc boundaries. we see a recognition the chinese communist party has a determined view about the way it wants to order the world. it is not content to simply focus internally. we see them exporting their own values abroad. as i mentioned on twitter frequently, if they are willing to take action to cause censorship on things like basketball and...
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Nov 19, 2020
11/20
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emily: that was the fcc chair ajit pai. ofat does it for this edition "bloomberg technology."ang. daybreak: asia coming up. this is bloomberg. ♪ bloomberg. ♪ are you frustrated with your weight and health? it's time for aerotrainer, a more effective total body fitness solution. (announcer) aerotrainer's ergodynamic design and four patented air chambers create maximum muscle activation for better results in less time, all while maintaining safe, correct form and allows for over 20 exercises. do the aerotrainer super crunch. the pre-stretch works your abs even harder, engaging the entire core. then it's the back extension, super rock, and lower back traction stretch to take the pressure off your spine and stretch muscles. planks are the ultimate total body exercise. build your upper body with pushups. work your lower body with the aerosquat. the aerotrainer is tested to support over 500 pounds. it inflates and deflates in less than 30 seconds using the electric pump. head to aerotrainer.com now. now it's your turn to lose weight, look great, and be healthy. get off the floor and
emily: that was the fcc chair ajit pai. ofat does it for this edition "bloomberg technology."ang. daybreak: asia coming up. this is bloomberg. ♪ bloomberg. ♪ are you frustrated with your weight and health? it's time for aerotrainer, a more effective total body fitness solution. (announcer) aerotrainer's ergodynamic design and four patented air chambers create maximum muscle activation for better results in less time, all while maintaining safe, correct form and allows for over 20...
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Jul 12, 2017
07/17
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emily: we did speak to the fcc commissioner a few months ago, ajit pai.ake a listen to what he had to say about why he thinks this is important. told 22 small businesses us this hangs over their businesses like a black cloud. that's the kind of regulatory uncertainty and overreach we want to remove, because every american deserves better, cheaper, faster internet, and i'm committed to delivering it to them. the argumentes that less regulation means more innovation, the future facebooks, googles, and netflixes of the world can develop. how do you respond to that argument? alexis: i only know it from the perspective of the entrepreneur. that level playing field and that neutrality guarantees innovation can thrive. at the end of the day, what we want is for the free market to pick winners and losers, not big cable. net neutrality is what makes the difference between those two things. emily: what if the rollback happens? what would the consequences be? alexis: it would only be the start of a conversation that i know america would need to have with their elect
emily: we did speak to the fcc commissioner a few months ago, ajit pai.ake a listen to what he had to say about why he thinks this is important. told 22 small businesses us this hangs over their businesses like a black cloud. that's the kind of regulatory uncertainty and overreach we want to remove, because every american deserves better, cheaper, faster internet, and i'm committed to delivering it to them. the argumentes that less regulation means more innovation, the future facebooks,...
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Jun 13, 2019
06/19
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. ♪ emily: last year, the ftc chair ajit pai weighed in on u.s.ts to ban huawei by suggesting his company may prohibit companies from using huawei increment. huawei has responded, telling the fcc that banning particular vendors on grounds of national security will do little or nothing to protect the security of america's telecommunications networks. to discuss, we have todd shields who covers the ftc. how big a deal is this potential action? >> it would be a big deal in u.s. domestic terms. this is a problem over the fcc. it is one everyone can watch. we can see the filings by companies by national security experts. it is a bellwether in that sense. in terms of huawei's business, small rural 40 , providers. in terms of rural providers, big deal. they use huawei equivalent and need to continue to do so. emily: does huawei have a point in that changing out the equipment could actually make u.s. networks more vulnerable rather than less? todd: the point is a little obscure to me in their filing. you know they would be buying , presumably somebody oth
. ♪ emily: last year, the ftc chair ajit pai weighed in on u.s.ts to ban huawei by suggesting his company may prohibit companies from using huawei increment. huawei has responded, telling the fcc that banning particular vendors on grounds of national security will do little or nothing to protect the security of america's telecommunications networks. to discuss, we have todd shields who covers the ftc. how big a deal is this potential action? >> it would be a big deal in u.s. domestic...
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Jul 13, 2017
07/17
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it is a proposal that the fcc chairman ajit pai has been pushing the proposal since his very first dayn office under president trump. joining us now to discuss, reddit co-founder alexis thosen, reddit is among organizations protesting the rollback of the net neutrality. why join in on this protest? alexis: reddit has always been at the forefront of fighting for an open internet. this is something we believe in personally deeply. that is working with the chance apartmenteddit in with $12,000 in the bank. net neutrality made that possible. emily: you guys go big on your homepage, the site goes dark, you have a message. other companies are telling users to take action. google, for example, saying today's open internet ensures that both new and established internet whether a company like google, or a small startup has the ability to reach users on in equal playing field. do you think this protest will make a difference? alexis: yes. because it has been great to see more and more companies come to join our ranks. a lot of folks remember the internet blackout that happened, sites like reddit
it is a proposal that the fcc chairman ajit pai has been pushing the proposal since his very first dayn office under president trump. joining us now to discuss, reddit co-founder alexis thosen, reddit is among organizations protesting the rollback of the net neutrality. why join in on this protest? alexis: reddit has always been at the forefront of fighting for an open internet. this is something we believe in personally deeply. that is working with the chance apartmenteddit in with $12,000 in...
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May 26, 2019
05/19
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meantime, ajit pai recommends the deal be approved. reaction we spoke with our correspondent who broke the story and the founder of boost mobile. >> approval from both agencies is needed here, as well as from the state's attorney general who are investigating the merger. it is common in telecom deals to have both the justice department and fcc review a deal. they both have different standards when considering approval. the doj is focused on competition, will a merger lead to higher prices? the sec has a much broader standard, that's the public interest standard. typically, they come out on the same side of the deal and work closely together. here, it looks like the doj is leaning against the deal while the fcc chairman announced he intends to recommend approval. emily: interesting. obviously, this has been a long time coming. there have been many twists and turns. both companies have suggested concessions they can make. but it sounds like the doj doesn't think there is not enough. what is your perspective on whether this is good or bad
meantime, ajit pai recommends the deal be approved. reaction we spoke with our correspondent who broke the story and the founder of boost mobile. >> approval from both agencies is needed here, as well as from the state's attorney general who are investigating the merger. it is common in telecom deals to have both the justice department and fcc review a deal. they both have different standards when considering approval. the doj is focused on competition, will a merger lead to higher...
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May 1, 2017
05/17
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we spoke to fcc chairman ajit pai from washington, d.c.jit: this will be a political debate that will engage millions of people, but we are going to stay focused on the facts and the laws. the facts are americans by and large believe in an open internet, but they want to have an infrastructure investment. they want the next generation networks to be built out. and so i think what the fcc does , not need is heavy-handed regulation that saddle businesses with lots of rules that simply disincentive rises incentivize -- disincentivizes them from building those networks. that will be the course we're charting henceforth. caroline: have you had commitments that if these rules are changed, they will invest? i'm looking at the profits of at&t, $14 billion. $8 billion if you are comcast, shares have risen since the original ruling of net neutrality. they don't seem to have really been hurt. ajit: if you look at the actual numbers with respect to investments, they are down 5.6% for the top 12 broadband providers in this country. and that does not ev
we spoke to fcc chairman ajit pai from washington, d.c.jit: this will be a political debate that will engage millions of people, but we are going to stay focused on the facts and the laws. the facts are americans by and large believe in an open internet, but they want to have an infrastructure investment. they want the next generation networks to be built out. and so i think what the fcc does , not need is heavy-handed regulation that saddle businesses with lots of rules that simply...
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Feb 26, 2019
02/19
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. ♪ emily: speaking at mwc in barcelona, fcc chair ajit pai says he wants to promote leadership in 5gregulation. he said the agency is working to lower regulatory barriers in the telecom industry, but will the u.s. been able to compete in the global 5g race and continue its campaign to ban huawei equipment and other countries? tom wheeler is the former chair of the u.s. fcc and an author of a new book. he joins us now from washington. great to have you back here on the show. tom: hello. emily: in the book, you argue the tech revolution is something we have seen before, but ar what are the risks of the tech revolution we might not be prepared for? tom: i think the lessons of the previous tech revolution is that a failure to engage is folly. and, it goes to such things as what you were just talking about insofar as regulation. there were new rules that we established at the beginning of the industrial era which made that era successful for both capitalism and for consumers and competition. we're in a similar kind of situation now where we need to be establishing new rules. and, when you
. ♪ emily: speaking at mwc in barcelona, fcc chair ajit pai says he wants to promote leadership in 5gregulation. he said the agency is working to lower regulatory barriers in the telecom industry, but will the u.s. been able to compete in the global 5g race and continue its campaign to ban huawei equipment and other countries? tom wheeler is the former chair of the u.s. fcc and an author of a new book. he joins us now from washington. great to have you back here on the show. tom: hello....
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Jan 30, 2018
01/18
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ajit pai was resolute in his statement that there should be a free market endeavor saying -- i opposel from the federal government to build and operate a nation 5g network. any federal effort will be a costly distraction from the policies we need to help the united states win the 5g future. joining us now from washington -- what do you make of it? came out hard and early this morning against the proposal. i have to say we are not entirely sure who in the administration backs this, whether this is a trial balloon, or if it is a trial balloon with momentum. it is unclear. what is clear is that the fcc and his colleagues are against it. emily: talk about the concern with china year. -- with china here. >> the national security official -- and they don't talk to the press a whole lot, they have focused on two companies. they're both pretty well known to bloomberg viewers -- equipment makers. there are reports from capitol hill, and coming from the national security apparatus that these companies may be relaying or have the means to relay, or have the opportunity to relay information to ch
ajit pai was resolute in his statement that there should be a free market endeavor saying -- i opposel from the federal government to build and operate a nation 5g network. any federal effort will be a costly distraction from the policies we need to help the united states win the 5g future. joining us now from washington -- what do you make of it? came out hard and early this morning against the proposal. i have to say we are not entirely sure who in the administration backs this, whether this...
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Apr 20, 2017
04/17
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. ♪ chair ajit pai said that he met with executives from facebook, cisco, oracle, intel, and other companiest did not give details on the discussions. pai is a staunch opponent of the net neutrality rules. google is planning to make a change to its browser that could have huge effects on the digital ad industry. it's planning to add an ad blocker to chrome and possibly could turn it on by default for all users. shares of facebook see its groth -- of ebay sees its biggest drop in six mo nths. all episodes of "bloomberg technology" are now live streaming on twitter. this is bloomberg. ♪ in recent years, the spotlight has been placed on silicon valleys lack'-- silicon valley's lack of diversity. companies have been working to become more transparent on their diversity efforts. they have poured millions into the initiatives with the aim of recruiting and retaining more women and minorities, but much of what they've done has only shown incremental results. we sat down for inexcusable if seed of women who have epitomized the fight against sexual harassment -- for an exclusive with two women who ha
. ♪ chair ajit pai said that he met with executives from facebook, cisco, oracle, intel, and other companiest did not give details on the discussions. pai is a staunch opponent of the net neutrality rules. google is planning to make a change to its browser that could have huge effects on the digital ad industry. it's planning to add an ad blocker to chrome and possibly could turn it on by default for all users. shares of facebook see its groth -- of ebay sees its biggest drop in six mo nths....
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Oct 14, 2020
10/20
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fec chair ajit pai. and we have some breaking now out of wells fargo.elling bloomberg it has fired more than 100 employees for improperly accessing covid relief funds. there is abuse tied to the economic injury disaster loan program. said city a fire these employees and fully cooperate with law enforcement. combating a similar issue and they also found that hundreds of employees tapped the same government program, that dozens of them did so improperly. we continue to look and see if there was an impact of the stock there firing more than a hundred employees for fraud. amazon prime day, traffic up 30%. the echo. being the most popular item so far. we will take a closer look at the event. this is bloomberg. emily: we are in the final hours of amazon's prime day sale, adding to jump on this holiday season. shoppers are flocking to the platform team to score a deal. and with brick and mortar schools -- stores being reduced traffic, analysts expect this to be amazon's biggest prime day yet. how is this prime day so far different than all the others? >> what
fec chair ajit pai. and we have some breaking now out of wells fargo.elling bloomberg it has fired more than 100 employees for improperly accessing covid relief funds. there is abuse tied to the economic injury disaster loan program. said city a fire these employees and fully cooperate with law enforcement. combating a similar issue and they also found that hundreds of employees tapped the same government program, that dozens of them did so improperly. we continue to look and see if there was...
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Mar 4, 2017
03/17
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including ajit pai.ught up with him and asked for an update on the at&t time warner deal. >> it is limited to these particular facts, and as i understand it, the parties have structured the transaction so it will not come before us. >> give us what that is. the market is already expecting it. are we going to see more m&a in 2017? will you allow that to go through? >> this is a decision for the private sector to make. my job is to review the papers put before me and take a look at the facts and make a decision bassed on the law and precedents long-established. >> we spoke with tom wheeler, your predecessor at the fcc, and he was of the view that four players is what is need for the market. i wonder if three would be enough. >> i can't say what the structure is. it is extremely competitive. after the fcc started its investigation of free data offerings, all four now have unlimited data plans. that is a good thing for consumers. if it is in the public interest, then we would be more favorably inclined to ap
including ajit pai.ught up with him and asked for an update on the at&t time warner deal. >> it is limited to these particular facts, and as i understand it, the parties have structured the transaction so it will not come before us. >> give us what that is. the market is already expecting it. are we going to see more m&a in 2017? will you allow that to go through? >> this is a decision for the private sector to make. my job is to review the papers put before me and...
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Mar 5, 2017
03/17
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including ajit pai.p with him and asked for an update on the at&t-time warner deal. >> it is limited to these particular affects, and, as i understand it, the parties have structured the transaction so it will not come before us. >> give us what the market life is. the market is already expecting it. are we going to see more m&a in 2017? will you allow that to go through? >> this is a decision for the private sector to make. my job is rather humble and frankly a boring one which is to review the papers put before me, and take a look at the facts, and make a decision bassed on -- decision based on the law and precedents long-established. >> we spoke with tom wheeler, your predecessor at the fcc, and he was of the view that four players in the mobile space in the united states is what is needed for a competitive market. you said at the moment is is extremely competitive. i wonder if three would be enough. >> i can't say what the optimal competitive structure is. however, it is currently extremely competiti
including ajit pai.p with him and asked for an update on the at&t-time warner deal. >> it is limited to these particular affects, and, as i understand it, the parties have structured the transaction so it will not come before us. >> give us what the market life is. the market is already expecting it. are we going to see more m&a in 2017? will you allow that to go through? >> this is a decision for the private sector to make. my job is rather humble and frankly a boring...
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Jul 27, 2018
07/18
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ajit pai questioned the legality of a $3.9 billion deal spinning off stations to meet ownership limitse deal will brought before a judge which could delay or killed the deal. coming up, facebook sought biggest one-day drop ever after the company reported slowing saw its biggest one-day drop ever after the company reported slowing user growth in the second quarter results. we hear from an investor pushing back on company's actions in the past. that is roger mcnamee. this is bloomberg. ♪ emily: investors are reeling from facebook's earnings driven by slowing user growth. the slide in the session talked the largest single loss for a single company in history. i spoke with roger mcnamee earlier and here is what he had to say about the big red flag. >> i think they are running out of users in their most profitable markets. secondly, i believe the weight of the scandals over the past year's beginning to show up in user behavior. emily: for more reaction, natasha lamb joins us. how much does this hurt? natasha: it hurts a lot. i think facebook was pretty lucky to see the recovery after the ca
ajit pai questioned the legality of a $3.9 billion deal spinning off stations to meet ownership limitse deal will brought before a judge which could delay or killed the deal. coming up, facebook sought biggest one-day drop ever after the company reported slowing saw its biggest one-day drop ever after the company reported slowing user growth in the second quarter results. we hear from an investor pushing back on company's actions in the past. that is roger mcnamee. this is bloomberg. ♪ emily:...
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Oct 7, 2022
10/22
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. -- ajit pai -- a cheap buy.e not sure of disney shareholders are ready to make that step yet. emily: what about when it comes to other sports gambling platforms more broadly? i feel like i have heard draftkings m&a speculation for a couple of years. >> draftkings is in a really competitive space they are constantly at war with places like band dual come -- fan duel, they are offering cheap discounts or giving users free money together platforms. there is a lot of room for consolidation. with this partnership with espn how it looks like it will be unclear. it could on -- emerge looking like a new platform, like in es again -- espn platform, or could be on the espn app. it could be more deals, draftkings has not been public for that long. they only went public to race back about a year ago -- through a spak a year ago. the stock price is not doing them to outcome of them to sell equity would be challenging. there will be consolidation in the space we do not know who is buying and who is selling? emily: what is you
. -- ajit pai -- a cheap buy.e not sure of disney shareholders are ready to make that step yet. emily: what about when it comes to other sports gambling platforms more broadly? i feel like i have heard draftkings m&a speculation for a couple of years. >> draftkings is in a really competitive space they are constantly at war with places like band dual come -- fan duel, they are offering cheap discounts or giving users free money together platforms. there is a lot of room for...
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Jul 15, 2017
07/17
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ajit pai has been pushing it since his first day in office .are joined to discuss why the issue is so important. alexis: reddit has been fighting for the internet here in this is something that steve and i believe in personally, deeply. that gave us the chance to start reddit in an apartment with $12,000 in the bank. and 12 years later, we have built the fourth most trafficked site on the internet. net neutrality made that possible. emily: the site costar can you have a message there. other companies are telling users to take action. google is saying today's open internet ensures that both new and established services, they have the ability to reach users on an equal playing field. do you think this protest will make a difference? -- alexis: yes. it's been great to see more and more companies come and join our ranks. a lot of people remember the internet blackout that happened because sites like road test -- reddit and wikipedia were protesting and that helped the push to get title ii. that helped crystallize a lot of these laws. those happened
ajit pai has been pushing it since his first day in office .are joined to discuss why the issue is so important. alexis: reddit has been fighting for the internet here in this is something that steve and i believe in personally, deeply. that gave us the chance to start reddit in an apartment with $12,000 in the bank. and 12 years later, we have built the fourth most trafficked site on the internet. net neutrality made that possible. emily: the site costar can you have a message there. other...
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May 21, 2019
05/19
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the fcc chairman ajit pai announced support of the merger, but bloomberg then reported the departmentice was leaning against approval. withe quinn sat down senior researcher craig moffett earlier to discuss. craig: the basis for the decision at doj is somewhat different than fcc. the sec is taking a more subjective public interest test and decided yesterday that this is in a public interest. but the doj takes a much more structuralist view of, will this hurt or help consumers? the usual test, will it raise prices? formalistico take a view of near-term, particularly price competition. vonnie: yet it is unusual for the fcc and doj to disagree, so it would seem there is something strange,. craig: it is different than the process we saw in the past, but historically we have usually seen the doj first, sort of first, sort of the alpha dog signaling in the transaction. this case was a little different. ofy notified the fcc changes in the deal structure, selling off the prepaid boost brand as a way to ameliorate some concerns over the weekend, and therefore reached an accord with the fc
the fcc chairman ajit pai announced support of the merger, but bloomberg then reported the departmentice was leaning against approval. withe quinn sat down senior researcher craig moffett earlier to discuss. craig: the basis for the decision at doj is somewhat different than fcc. the sec is taking a more subjective public interest test and decided yesterday that this is in a public interest. but the doj takes a much more structuralist view of, will this hurt or help consumers? the usual test,...
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May 4, 2017
05/17
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ajit pai, he's blocking the sec shot. >> we have had a system in place that allows for a level playingld. all americans want companies to succeed because the market says they should. what we are talking about now, what the fcc chairman is talking about, is going to let cable companies pick winners and losers. that's against the founding principles of how the open internet works, and it's going to mean a worse outcome for consumers. i want better things, and i think most americans do. reporter: you have heard this argument, what about other arenas, like search, for example, were google picks winners and losers in its search algorithm? >> what is so interesting is, at the end of the day, i can load up any search engine i want. there are upstarts that get funded all the time to compete with google. there isn't any difference between getting to a google website today with net neutrality and getting to some upstart. what i don't want, and what will happen if we lose net neutrality rules, is for one of our cable companies to decide that the default search package for your internet involves s
ajit pai, he's blocking the sec shot. >> we have had a system in place that allows for a level playingld. all americans want companies to succeed because the market says they should. what we are talking about now, what the fcc chairman is talking about, is going to let cable companies pick winners and losers. that's against the founding principles of how the open internet works, and it's going to mean a worse outcome for consumers. i want better things, and i think most americans do....
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Apr 12, 2017
04/17
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ajit pai himself said he still wants to keep the fairness in there. roger: i think that is baloney.e has interest in fairness for any other than a handful of major players. caroline: why? roger: why do they have a muslim ban? why did they needlessly blow up a bunch of empty buildings in syria? i don't understand anything these people are doing. it's not thoughtful. it is not based on evidence. it's not based on consumer needs. it's not based on any desire to make consumers happy. i find it deeply, deeply disturbing. the sale of consumer data without consumers' permission, without any ability to opt out -- in whose interest is that? caroline: but they weren't being -- the isp said do the same for google and facebook, have been -- have them regulated to the same extent with customers data. roger: to be clear, i would be fine with that. i think that would be a much better solution than opening it all up. again, we just got off with tristan harris. the use of consumer data by social networks and google has produced some really unfortunate outcomes. i think our refusal to accept those as
ajit pai himself said he still wants to keep the fairness in there. roger: i think that is baloney.e has interest in fairness for any other than a handful of major players. caroline: why? roger: why do they have a muslim ban? why did they needlessly blow up a bunch of empty buildings in syria? i don't understand anything these people are doing. it's not thoughtful. it is not based on evidence. it's not based on consumer needs. it's not based on any desire to make consumers happy. i find it...
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Jun 7, 2019
06/19
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emily: sec chair ajit pai said if there is one thing in our country that unites republicans and democratsnd conservatives, it is that they are sick and tired of being bombarded by unwanted robocalls. we hear you and we are on your side. here is my question. i have an app on my phone that automatically blocks robocalls. why hasn't the phone companies done this before? why hasn't the sec already ruled on this? todd: there is a long history of fcc law that tried to prod phone companies to go ahead and complete all calls. there were controversies in recent years about calls to rural areas not being completed for various technical reasons. it is a little bit of a sea change to say that rather than prodding you, we will give you the ok to block some. this gives some people the willies. the debt companies, the credit unions issued a statement. they are worried that their calls will not go through. the people getting 20 calls a la the john oliver clip probably will not mind that, but if you are getting a reminder to pay your mortgage or your rent check, you may want that reminder. it is a two-edg
emily: sec chair ajit pai said if there is one thing in our country that unites republicans and democratsnd conservatives, it is that they are sick and tired of being bombarded by unwanted robocalls. we hear you and we are on your side. here is my question. i have an app on my phone that automatically blocks robocalls. why hasn't the phone companies done this before? why hasn't the sec already ruled on this? todd: there is a long history of fcc law that tried to prod phone companies to go ahead...
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Feb 23, 2017
02/17
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the net neutrality rule was opposed by the fcc's new chairman, ajit pai. been a longtime critic of the rulers been on the show many times talking about that. but the implications are massive, or could be. michael wolff is still with us. michael, every time we report on this and try to learn more, i get inundated with people on twitter and so on saying, you guys don't know anything about this. you are completely wrong. it is confusing, i think, what this means. have you -- give me your metaphor for idiots like me. michael: i think the way to think about this, typically when you have deregulation, it leads to innovation. the irony here is that deregulation could squelch innovation. here's why. isp's could throttle back on traffic or charge some of the companies that are coming onto the web, so you would see new companies -- like there is a company called next dr, were -- or some of the new e sports providers, or companies like snap. they would not have made it in an environment where they had to pay to be carried on the pipes of the isp's. the biggest compan
the net neutrality rule was opposed by the fcc's new chairman, ajit pai. been a longtime critic of the rulers been on the show many times talking about that. but the implications are massive, or could be. michael wolff is still with us. michael, every time we report on this and try to learn more, i get inundated with people on twitter and so on saying, you guys don't know anything about this. you are completely wrong. it is confusing, i think, what this means. have you -- give me your metaphor...
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Mar 4, 2017
03/17
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had toe: still ahead, we barcelona and bring you our secrview with the commissioner ajit pai.s is bloomberg. ♪ caroline: now to barcelona where we reported live this week from the annual mobile congress. it was notches tech leaders. regulators were there too. including ajit pie. we caught up with him and asked for an update on the at&t time warner deal. is limited to these particular facts, and as i understand it, the parties have structured the transaction so it will come before us. that is.s what the market is already expecting it. to see more m&a in 2017 question mark will you allow that to go through? >> this is a decision for the private sector to make. my job is to review the papers put before me and take a look at the facts and make a decision bait on the law and precedents long-established. we spoke with tom wheeler, your predecessor at the fcc, and he was of the view that four four players is what is need for the market. i wonder three would be enough. >> i can't say what the structure is. it is extremely competitive. started itsc investigation of free data offering,
had toe: still ahead, we barcelona and bring you our secrview with the commissioner ajit pai.s is bloomberg. ♪ caroline: now to barcelona where we reported live this week from the annual mobile congress. it was notches tech leaders. regulators were there too. including ajit pie. we caught up with him and asked for an update on the at&t time warner deal. is limited to these particular facts, and as i understand it, the parties have structured the transaction so it will come before us. that...
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Dec 16, 2017
12/17
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fcc chair ajit- pai heralded the return to what he calls a free-speech market approach, saying it isime to restart internet freedom. the light touch framework that has governed the internet for most of its existence. joining us now, one of the people who voted to repeal it, fcc commissioner brendan carr, who was nominated by president trump. commissioner carr, thank you so much for joining us. you said today is a great day, many people say this is an awful day. what don't they understand? >> thank you for the question. it really is a great day for consumers, innovation and freedom. there is a lot of apocryphal rhetoric out there. here is the reality. we are voting to go back to the 2015 regulatory framework, the title i framework that the commission had in place for the 20 years before 2015. this is not moving toward some mad max version of the internet where isps will have complete free reign to dictate your online experience. the 2015 framework had strong legal protections for consumers. consumers will benefit from that without the harms we are seeing from title ii. emily: that sai
fcc chair ajit- pai heralded the return to what he calls a free-speech market approach, saying it isime to restart internet freedom. the light touch framework that has governed the internet for most of its existence. joining us now, one of the people who voted to repeal it, fcc commissioner brendan carr, who was nominated by president trump. commissioner carr, thank you so much for joining us. you said today is a great day, many people say this is an awful day. what don't they understand?...