secure company very very american company buy it they set a date of around september 15th at which point it's going to be out of business in the united states but of 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 their 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 microso

of the company midnight i don't think this is good for the u.s. technological breakthrough going forward or right miguel we have some sort of a divide here in the u.s. about about about the case of to talk supporters of trump saying that the man is delivering on a promise he made in the past he's very good at the goetia deals and he thinks that the best deals with china were wrong so he's rewriting the chapter others on the other hand say that the reason why his targeting tic talk is basically because it's been the platform for many activists. those activists have been very critical of him yeah i mean it's a very interesting situation right there and that's true for every other platform door so facebook the same and so as to adore and so as a whole facebook entity which has got any of your instagram and whatsapp everywhere you find all kinds of people there that's a new as adults entertainment this fashion there's. lifestyle and so the point is that ticked off is not an american company which is why probably trump is not so happy with it you know

the company seeks out publicly listed companies that appear outwardly in good health but which in reality a deeply unstable. then they what's call short the stock betting that when the financial truth comes out the share price will tumble so making a healthy profit from muddy waters. muddy waters found a carson blow is what's known as a short seller that is he speculates on the future decline of a company's share price. so a lot of people here are short and they think that you or your bad guy or you're doing something wrong hearth and lock up a lot of water is the investing money an ounce of the store in your cellar at carthage we had from the n.y.s.e. president this weekend he said that short selling against a company fails kind taking on american been called a lot of nasty names i've been called a financial terrorist i've been called a fraud so you have no regrets. why would i. in december 29th seen muddy waters published a damning report into the state of n m c's finances. it said the middle east hospital chain had grossly understated its debt and overstated its cash. and mc shares plu

the company is he has set people in place but there are still fifedoms within that company.e helped alan knock knows down. it would not be uncommon that people would say i've been here for x number of years and so-and-so says that's okay that changed under alan and you really started to think that ford was a company that was going to be much quicker when it came to rolling out products, rolling out technology, but then it stopped under mark fields the big challenge for ford has been and remains how do you take this company that's been around for more than 100 years and has these fifedoms within a huge company that has been there for decades, how do you break those down at the end of the day that's going to be the real challenge for jim farley, too. he's been there since 2007, you are with a company for that long you understand where those fifedoms are at. >> phil, thank you for that. top of the hour news on ford, we will continue to monitor it. phil lebeau in chicago. >>> jim, that's three ceo changes in the last 48 hours. >> yes pretty amazing i have to tell you i like farl

allied companies.ting what we're doing with dish. >> all right i'm going to ask you to define terms for me deeper into the press release you say vmware cloud provides an extraction layer and enables dish to leverage hyper scale public cloud capacity while needed while maintaining the core control points. what does it mean? >> a mouthful there. well, first, it's the idea of the operating system that we're providing. and that connects to all the hyper scalers, amazon, and vmware enables the connection. it enables the hyper scalers all done in an industry standard software approach and enabling a wide range of applications to sit on of them it. we're no longer constrained to the vertical constraints it's a wide eco system if the vmware environment enables the software, the shrill c silicon and cloud, these are areas of u.s. strength it's exciting to see the approach with a highly automated green field environment with our partners at dish very excited >> yeah. a lot of people wonder how quickly dish will

companies dike darden will survive this storm in 2021 and 22, companies like darden will benefit. they've held up well they've maintained curb side and takeout. it will be interesting >> and your final pick is really interesting. thinking about things you are not allowed to do. going to a stadium for a sporting event sysco provides food and food service. something we can't do. this is really out of the box thinking >> sysco with an s, building in free cash flow building each year no one is going to a stadium very few are returning to universities and settings of that nature when things return to darden and las vegas sands with the sector, a smaller play, they will look to see another day. that looks right and will continue to progress >> likethe names darden, las vegas sands, sysco thank god not the faang stocks take care, when we come back when no profit is a good thing for one real estate stock. your mystery chart, who is that? i have no idea >> a huge name in food delivery, not enough to whet the appetite. we'll show you their massive losses >>> more on the white house move to

we have not run tech companies. have learned from the people who do this to go out and do bloom.d let the flowers allow the ecosystem. the ecosystem for great talent, great community and technology, to have that talent pipeline, and have companies that can innovate, make mistakes. all of the companies you named before, they had mistakes. they had failures as well as successes. in then i worked virginia community, they have all of these small -- it is mostly small businesses, and it is the ecosystem you want to create. your tax system. your regulation system. regulation, more regulation, will make it harder to get further. people like steve case are going around lying to the rest. let's create that ecosystem without attacking these companies. , what aboutoman sarah miller's comment, that these large tech companies are prohibiting smaller entrepreneurs from entering the market? barbara: well, i do not see that, but there are companies, and if they come forward, there is antitrust law where they can look at it, and the

your companies are large. that's not a problem. your companies are successful. that's not a problem either. but i want to leave here today with a more complete picture of how your individual companies use your size, success and power and what it means to the american consumer. i yield back the balance of my time. >> thank the gentlemen. the chair now recognizes the distinguished chairman of the full committee, mr. nadler, for his opening statement. >> thank you, mr. chairman. i want to thank you and the subcommittee members for the tremendous effort that you have all put into the subcommittee's investigation. i appreciate your quell icallin this hearing today so that we can hear directly from the leersd of amazon, apple, facebook and google l and i look forward to an important dialogue. today, it is effectively impossible to use the internet without using in one way or another, the services of these four companies. i have long believed with thomas jefferson and lewis brandice, that concentration of power in any form, especially concentration of economic or polit

of these companies been?there has been an increase. the first wave of covid resign increase from our broadbase. but also from investment advisors and wealth managers that are expected to get these companies. i think that you are now seeing an opening of ipo windows by way of direct listings means that investors see a path a can and may be returns a lot sooner than they expected. whereas previously in q1 they may have thought they had to wait. we are really excited to see the growth on the equity platform. emily: what do you make of palantir choosing a direct listings versus the ipo? phil: companies that are going this route are taking advantage of the fact that they could raise capital privately don't really need the cash from their traditional ipo. i think they're sitting on one and a half alien dollars of cash -- $1.5 billion of cash. and for a company to go public to the capital markets rather than succumbing to the ipo that i think was mentioned on your show. great onop looks paper, but if you are the ceo

are search companies. that's not a monopoly. so you notice they never put the numbers out there, or they create numbers that they don't have, but you can go through each of those spaces and see that there are competitors, whether it is phones or apps or search or ads, and they all have competitors and don't reach that sort of two-thirds or more threshold, and they certainly are not monopolies. i don't think you understand what the word monopoly means when they can call any of these companies who are in a very, very competitive market, which i think they demonstrated by talking about how to compete with each other as well as with smaller companies. everybody is competing with zoom now on stream. that's a good thing. the streaming market, netflix, disney, hulu, that has thrived during the pandemic and i don't think that will change. people don't just get one, they go to morph and it's all the ecosystem that nobody really thought would have more than one or two competitors before now. >> host: former congress

conventional companies pay 23.2 percent on average digital companies less than half that 9.5 percent. but that's still far more than what the biggest digital players hand over. to take one example from the us amazon turned a profit of $11300000000.00 there in 2018 and paid 0 taxes on. you must understand why the subsets taxpayers who pay half their income corporations pay a fraction of the title from $10.00 to $25.00 most i pay less taxes but i'm completely against wage and that sort of trade and everyone pays their taxes in their home country and that's why it always depends what rate do i say and what comes back as it says there is talk of this to demands they should pay even if they must be a healthy balance by those steps. heavier taxation of digital companies is a global issue one keynote speaker at the digital summit is my great or best talker the head of digitalisation at the european commission. she's a european doughty bit of sorts but her tone is quite different. well the 2 put a ban want to play this so that this is paying their taxes taxes just as well as any other busines

couple of these "w" companies, but westco is a really good company. if you want to add to it, i'm fine with it oh, my gosh, is the man from honeywell coming in, darius? let's speak to darius in california darius >> caller: my man, jimmy chill >> oh, the chill man be back what's up? >> caller: first of all, we love your show and your twitter feed is a gift to us all. keep up the great work >> what's up >> caller: i need your advice. it's summertime, it's hot out, stuck inside during a pandemic so we need our air conditioning to keep us chill, just like you. my stock is carrier global, they make fantastic air conditioning units, and i had it since they spun out from united technology in april since then, it's been a slow and steady increase and trading around $30 a share my question to you, dr. chill, is it time to sell and take profits? >> no! no definitely not no i think it's terrific. you don't want to do that. i think they're doing a great job. i think it's an inexpensive stock and it's got a long way to run. it was mispriced when it came out. i thi

what is the draw in you running the company and you guiding the company? i mean, you could hire somebody. you have this idea and we'll get to the idea in a minute. you have an idea in your head what the company ought to be and what it looks like and you vtd money to fund it. why are you in charge? >> well, look, i like to build good products. i like to solve problems that i'm passionate about. the reason i'm doing the company is not just because i wanted to do another company and make more money. this is a problem that i wanted to solve. >> so let's talk about that problem. i'm going to sort of sketch it out. you tell me if i have it right or not. >> sure. >> and sort of continue on that thought. you're going to protect apis and they're application program interfaces. let's say you have a door dash or something app. it's not just door dash that is running all of that. they're reaching out to a mapping company to get, you s.ow, figure out where your reaching out it your bank to figure out if you have the money for the order. they're reaching out to facebook

many of the social media companies cannot but there is always apple and a lot of the consumer companiesing a lot of their growth prospect on those companies. if we continue to do the tiktok bans, what happens to them >> what worries me about going on with tiktok is the potential precedent that it's creating here you have the u.s. government basically forcing a chinese company to sell an asset to american investors on national security grounds. where does this go as relations begin to deteriorate is this something the chinese government is going to try to do to american companies operating in china you know, there are companies already having a lot of trouble as you mentioned the internet space. most american companies are already banned or revheavily restricted this is something the chinese government doesn't have a lot of problems doing so i'm worried that this is setting a whole new tone to the-china business relationship that isn't going to be great r chinese companies but may not be good for american companies. >> that fierce retaliation is something that anybody wants to see or fea

is really defensive company.ink there's room in a diversified company. organic growth is 6% during the last quarter they are also in the last year of a five-year plan to reduce overall costs. we think that will likely contribute to margin improvement over the next year we continue to like this company. >> josh. is it safe to enter amazon for the long term after the recent pull back? the stock is trading pretty elevated levels here what do you think? >> i'm trying to figure out which recent pull back it's down 2 or $3. if i weren't -- listen, listen if i weren't already in the stock, i would not say this is an optimal time to be adding to amazon amazon always gives you chance every year they announce a big quarters worth of expenses or make something. he does not care what wall street analysts think. he doesn't operation under a pr umbrel umbrella he operates under what's best for the long term. sometimes stock market gets spooked. those are the moments you want to think about entering amazon with a new position.

that company is growing north of 30% cumulative annual growth our company comes in to stale that growth and take that business model to other countries. we are putting at risk helping management think of the next 3 to 7 years and we are looking at strong private returns and currency value also the fact that the organic growth in these companies will be so strong that it will deliver those returns for our investors as well as deliver the strong impact that is innate to the business >> thank you talking about impact vesting fast growing and profitable in many cases >>> they are still cleaning up and trying to find answers and survivors in beirut. let's get to that with phillip mena in new york >> good morning. global rescue mission is under way in beirut after that massive explosion that rocked the port area on tuesday. the death toll has risen to at least 135 people with 5,000 wounded. hospitals are overwhelmed and victims still trapped. the blast sparked by a fire at a storage facility packed with more than 3,000 tons of material normally used in fertilizers >>> the commission looking t

company is the data that works closely with governments, known as a very secretive company.lso talking about that dow reshuffle. we have got salesforce earnings out. what are you seeing? abigail: palantir, such an interesting environment to be coming to the market right now. some are saying that these gains will continue going up. one of our guests this afternoon was saying that this could be the top. salesforce earnings, this is the clear after hours winner. they put up a huge quarter. second-quarter revenue beating. they raised the fiscal year view. on the year, this has been the story as well. s&p 500 up about 40% on the year. not quite as much as some of those other mega cap stocks. but, something that is positive. one form of their revenue, the remaining group, a bit of a forward look. it looks like salesforce in terms of the subscription model, their footstep in the cloud really benefiting them. outlook infull year this environment really kind of incredible. emily: abigail doolittle, thank you so much. palantirecap, officially filing to have a direct listing on the new

that company is not doing well. it should probably do that -- but liquidity is keeping them alive. but the fed can provide liquidity but cannot provide solvency, which is to say it cannot make a zombie company a moneymaker. but they can and are keeping companies longer. >> which is to say for the time being, these companies would not have survived were it not for fed and treasury action? howard: many of them, yes. yes. the great example is the airlines. the airlines have tremendous ongoing costs every day, whether they are flying or not. and to ground the planes and have them go through a long period when they are not flying or when they are underpopulated, many of them would have gone under. and government grants cap them -- kept them in business. >> do you think that we have crossed the line into state capitalism? howard: well, state capitalism, we have not passed a line into government ownership of business. but clearly, there is an unwillingness to let companies go. there's an unwillingness to let the chips fall

there and some of these companies. era, jack, of course, it's college time. and you see a real reckoning for the college industry, the four-year college industry as a result of this crisis. >> yeah. i mean, if you missed freshman orientation this year, i can tell you that the dining hall and the recreation center -- [inaudible] because of the pandemic. i think that's really driving home when you take away all the extras and look at just the course information, i think it's causing families to think carefully about what they're paying. schools like harvard, they're not giving a price break at all, it's almost $50,000 a year even without room and board, and prices have been is spiraling out of control for decades. i spoke with a finance professor at nyu and a real expert if on valuations. he says there's a reckoning coming right now while people are paying attention to this. he said the harvards of the world might be okay, but some of these less prestigious colleges will suffer. if a kid came in and said xyz state univer

it's a 20 year old company that's never brought a product to market driven biotech firm cura fact is now an investor darling as it races to develop cope at 19 vaccine we'll talk to the c.e.o. . also and show why or part gets the boot from germany's blue chip index it's a place that might surprise you. show i'm stephen beardsley in berlin it's good to have you with us the coronavirus pandemic is reshaping the biotech industry investors are piling into small often unproven companies in hopes that they can produce a vaccine in the coming months those companies in turn are spending big to expand production facilities for vaccines that aren't yet fully tested or certified it's a gamble for both investor and company and it reflects the urgency for a vaccine as well as the potential to make money. german pharmaceutical company cura voc 20 years old 480 employees and it dreams of change in the wild has its sights set on the most sought after of prizes a coronavirus vaccine and the newly listed company is making progress when went public in new york on friday it shares rose 249 percent during

we built this company from my basement. it's a 12 or $13 billion company today.blicly traded on the market. you know, they may not like our business plan, but it's not just a business plan. we've got some of the largest companies in the world partnering with us, and it's kind of a cheap shot. i mean, look,s we've got to prove it to them, and we have trucks coming off the line, trucks being driven every day, being tested and production beginning next year. factory just broke ground last week. we have -- so very exciting times, and we have, i mean, i don't know what else you could do than just execute, and that's our business model now, we've just got toes's cute it. -- to execute it. jack: not only do you have, obviously, tesla, but volvo e and these old school companies who have been a little slow to catch on, but dameler and volvo formed a partnership, how do you beat back competitors? >> i think it's great. it shows nikola was the first, the pioneer on it. everyone else said it was a fool's err rand, and now they are going hydrogen. they're all following us bec

company is a win-win.he company, microsoft did confirm the conversation between satya nadella and president trump over the weekend on the phone. among other methods microsoft will make sure that all private data is transferred to and remains in the united states that is the concern here from the u.s. government perspective. this is interesting to me now. microsoft already owns the social media platform in linked in more professional oriented it gets into full blown social media. what does that say going after social media it looked like a target of opportunity for microsoft perspective. we have to break up the company or sell it off or do something to stop chinese access to the data it's not likely the u.s. government for antitrust reasons would allow one of the big social media giants to acquire this so microsoft might be the only big buyer out there this is a different acquisition for them they also own mine craft this would give them a minecraft and that's maybe what they'll get but ultimately this is n

telecom company and world com the former c.e.o. was sentenced to 25 years in prison investors lost around $150000000000.00. instances of cooking the books a common like it italian dairy giant pommel at the cutbacks following insolvency hit workers heart. attacks parmar world com. all classic cases. the common factor is that the main driver of the scams has a powerful position in the company and is also a major shareholder. the reason actually when those 2 combine you can succeed in avoiding certain control mechanisms those mechanisms were probably also structurally underdeveloped but the fraudster can subvert them. one false step he became infamous bernie made he was given 150 years in jail for his ponzi scheme more than 4000 investors well why they lost their money. the question for the ethics experts why did they do it. i'm going to talk perceived perceived sense that they can. get away with it bernie made off to he wouldn't have thought it would collapse at some point he did hope to be able to transition from the ponzi scheme to

but this is also a company facing some serious issues. the us is coming for huawei and a big way —— the biggest. that the us is coming for huawei and a big way -- the biggest. we have met the enemy and it is huawei and china, make no doubt about that. huawei, through access to unlimited capitalfrom huawei, through access to unlimited capital from the chinese communist government, all of this technology is built in for a cyber spying and espionage, because that is what the chinese do. the problem as he was once a member of china's liberation army, and has raised suspicions about his link to the chinese state and whether it and huawei may have each other‘s backs. america is adamant that huawei is a point of the chinese authorities. in 2017, china passed the national intelligence law, which says that if asked all chinese companies and citizens must help the government to assist national intelligence efforts. china claims this is part ofan efforts. china claims this is part of an effort to safeguard its security. the fear as, if you are weigh

with all the baba china has a stablish one of the 1st make a platform companies in the world the company is present in all areas of life customers can make payments with all the paid. for it while they shop on the sales platform team all for auction things i'm told by the chinese. they can find their way using a map. or have groceries delivered with element. cloud owns huge storage farms the internet's infrastructure and ali baba pictures produces in markets hollywood movies and that's just a little slice of the fast ali baba universe. the british technology expert jamie bartlett observes a similar trend taking shape on u.s. based platforms. google and facebook and the same ones you always hear. no longer are just search engine platforms all social media platforms or video sharing platforms they increasingly will branch out into other areas amazon is no longer just a seller of products it's also a provider of all sorts of mazing web space the most highly valued companies in the world have long been platform businesses the top ranks are occupied solely by american and chinese companies mi

walk us through the tstrategic rational of combining the two companies. engie owns a 32% stake in suez and also 29.9% so now it's a cash offer 15.5 euros for suez shares evaluating 2.9 billion euros before they were reviewing the asset and wanting to focus on its energy business so now it's interesting to see them approaching to take on suez. it's been talked about before that in 2012 because of overlaps in the french usiness. so that would be the main overlap. in the waste business and management part of this there's very few overlap and so many players in europe. and there's no overlap so they hope once if this offer is accepted they could complete this merger in 12 to 18 months so now keeping an eye on jobs being maintained with making sure that they're looking at this offer being put on the table ow and having it's best day ever. 5.5% and up 3.5% so all in all positive reaction to this ofr.fe the pe we'll cross live to china for the latest at morgan stanley, a global collective of thought leaders offers investors a broader view. ♪ we see companies pro

what must not be like inside of the company?o far, the number of executives and employees, advertisers, and brands that work with the company as well as creators who generally talk from time to time, a lot of them described this bizarre disconnect between the inside tiktok bubble and the outside of tiktok. inside, users are still growing faster than other apps. they are continuing to have brands and advertisers put up advertisements and campaigns on the app. outside, they are getting tons and tons of questions from their fans and family. that is making them nervous permit inside the company, they are in town halls. they are asking, can you confirm we are still going to get paid in the next month? am i going to get my next month's paycheck? to which the company said, yes, you will get paid. and other questions as different talks emerge. emily: and then you have the question of, ok, what if a deal happens? let's say microsoft wins this deal. is hiring supercharged? then you hold out for the what ifs. shelly: yes permit a lot of th

at the company's processing sites the plastic is 1st sorted and shredded. then there is outing plates and pallets assaults on 2 companies in ghana and you're all. i 80 percent of this stuff is female. remain safe and leave the weights from their work here. 3 or 4. that. very 2nd said this also gets rates from down to accommodate the growing volume of plastic that company recently acquired a match piece of land on the outskirts of the city. and some of the other global business stories making news. gross domestic product tumbled more than 14 percent in the 2nd quarter compared to a year earlier after the pandemic weighed on the economic activity manufacturing construction of the hotel and restaurant sectors that were hit hardest one was the mining industry which was. growing demand from china. british retailer marks and spencer has announced plans to cut 7000 jobs. through the beleaguered retail sector which dropped sharply during the pandemic the company expects many of the reductions will be through voluntary leave and early retirement norway's sovereign w

tech companies are in china which u.s. tycoon riza trying to gain greater exposure in china because these are the ones that you hold some of the going to be saying this is from a chinese perspective going to be seen as an attack on chinese tech companies who want to expand globally and compete with the u.s. so we can expect that is not going to be taken lightly craig let's talk about the chinese perspective because the chinese foreign ministry accuses the us of suppressing foreign companies that's exactly how beijing operates. it is and it's one of these really difficult savvis the yukon that's certainly argue with the point on data privacy it's become such a hot topic look just here in the in the e.u. now over the last few years g.d.p. everyone has become obsessed with dates and what's what's happening with the data and what it's been used for so it's hard to necessarily disagree on the outside if you think if you believe if the u.s. government and maybe all the governments around the world believe that the chinese regime

so we enlisted huge parts of the company. of dragooned everybody into one big, unified team. so you have people in a war room working 70-, 80-hour weeks, billions of dollars of ads, hundreds of millions of pieces of content, and by kind of a painstaking process of going through thousands and thousands of false positives, eventually found this large cluster that we were ableo link to the internet research agency of st. petersburg. >> narrator: it was one of the same groups that had been using facebook to spread disinformation in ukraine three years earlier. this time, using fake accounts, russian operatives had paid around $100,000 to run ads that promoted political messages and enticed people to join fake facebook groups. >> what the internet research agency wants to do is, they want to create the appearance of legitimate social movements. so they would create, for example, a pro-immigration group and an anti-immigration group. and both of those groups would be almost caricatures of what those two sides think of each other. a

way american companies do?, what i'll call the status quo, has been in effect for too long. it's been too long. and senator kennedy's bill is a sensible, very sensible way to deal with something like this. in markets you generally don't flick a switch overnight. it causes, you know, harm and unintended consequences particularly to investors. but giving, giving time for people to either come into line or to delist is a very sensible way to approach this subject. so, you know, the kennedy bill in the senate, i know there's similar legislation moving through the house. got bipartisan support. and it's sensible from a market perspective. maria: my thanks to chairman jay clayton. don't go anywhere, more "wall street" right after this. ♪ how they gonna pay for this? they will, but with accident forgiveness allstate won't raise your rates just because of an accident. cut! is that good? no you were talking about allstate and... i just... when i... accident forgiveness from allstate. click or call for a quote today. but

i think that the great companies, the a-plus companies, the companies that have rapid growth, they'realued in the $5 billion range for those companies, this is the perfect size spac. you can also add a pipe on top of that. we have blue chip investors who are supporting our spac andwit the pipe you can expand the size of the deal. you don't want the spac to be too big. then it causes delusion. so this is the perfect size. it's kind of the goldilocks zone for the a-plus companies >> while we have you, i hope you don't mind a couple questions on sports it appears, silver had to make some very bold calls in creating the publ it does look like it's paying off. what do you think so far, at least? >> yeah. well, i am in orlando. i'm in the bubble. other than having to get tested once, devitwice a day, i think fabulous i was part of the sub committee that shaped what this would all look like. kudos to adam and the rest of the nba. it's been successful so far, fingers crossed. >> do you think it equates to a case study for other leagues others have tried different logistic models that look for

companies right now.he path we are on with the executive orders rapidly being released could result in some sort of targeting of u.s. companies in response. concerned people will be detained or anything like that. of -- the a matter entire china policy for the last a latears -- has created deal -- a great deal of operant -- great deal of uncertainty. even of things ultimately had in the right direction, when there is uncertainty, it is frequently the case customers and partners decide to opt for other business partners and to buy things elsewhere, where they feel their transaction will be more reliable. there is that worry, and there is the fact that as tensions continue to ratchet up, we could see boycotts or things like that. we could see growing ill will. kevin: our thanks to the senior director of government affairs at the u.s.-china business council. anna ashton. this is bloomberg. ♪ kevin: welcome back. i am kevin cirilli. we are keeping the spotlight on tiktok for our stock of the hour. walmart is

so this stops most companies from supplying huawei, forfear of most companies from supplying huawei,r example, the chips which huawei use to run its products were manufactured by companies like taiwan —based tsmc. and tsmc uses american softwa re tsmc. and tsmc uses american software to help design and build the chips. so under this new rule, tsmc cannot make chips for huawei and carry on trading with the us. which means for many companies, it is a choice between china and the us. the way chips are produced is very reliant on some tools and techniques that are owned bya and techniques that are owned by a very small number of american companies. and what the american government has done is basically so you can no longer use those, the chinese companies can no longer use those. so if they carry on using it it will be done illegally, or they will have to look for alternative sources. and if they find those alternative sources it starts to become much more like a black box to us because we have much less of an understanding from a security assurance point of view and that tips you over i

the company strategy we talked to its c f o to find out more also coming up u.s. president trump says he may decouple the u.s. economy from china despite a partial trade deal tensions on throwing. and tying the knot in times of a kind demick how a tiny virus plants down on the waiting business. but come to do business i want to . be with us german food delivery company delivery hero is the new kid all the blue chip dax index a startup has replaced the unsold and why it caught on the german stock index was an accounting scandal top of the fin takes a delivery hero expects revenues this year to double to nearly 3000000000 euros time to take a closer look at them. in its pacey opera ties in delivery heroes the free spirits shaking up the old guard it's a message that resonates worldwide the food delivery company was founded in berlin 9 years ago and has since established itself in 40 countries including the u.s. and south korea and its ongoing more groet. so you go home and you tell in 2018 the company sold its german army remains headquartered in berlin the coronavi

those companies are hitting new highs. for other companies it is not so good. if you are on the leisure side, gaming side, there is nothing you can do. people are not congregating. that is where the issues are. things have just changed. ,ntil things get back to normal we have to deal with those issues. for us, trying to take advantage of those opportunities. vonnie: talk about taking advantage. still with a 57% winning percentage. next week you are in orlando. i have to ask you about president trump's comments today. he said that some nba players are frankly nasty and dumb, the nba caters to china, and is a disgrace. any response to the president as a co-owner? marc: the president is allowed to have his opinion. i don't agree with those opinions. i think what we have been doing in the nba has been very good. i think we have a product out there. ratings are going through the roof. i would respectfully disagree with the president's opinion. vonnie: you are going down there next week. bucks'chances? will that have been in part thanks to private equity? marc: i thi

its own products on its platform in 2009 company found a. company amazon based this brand sells everyday products often at bargain prices and the rate is constant. very long term perspective they're prepared. and their own individual sales. to keep coming back this company has a clear advantage over amazon's marketplace that gives them access to the competition to this online amazon identified best and use that knowledge for advertising their own products. they're also persistent claims that. successful products. stacey mitchell represents small and medium sized businesses and they find against amazon there's a company called green design that makes laptops stand they have done very well on amazon in great customer reviews and then. created and exactly. the amazon marketplace can cut both ways it grows companies access to a growing number of potential customers also collects huge amounts of data for its own purposes. products labeled as best sellers or the deal of the day most successful the same goes for real supermarkets too for vendors th

know companies like net. and financial sister company the ole went to hong kong for listing and there are several reasons the 1st reason is because hong kong has a very special financial status so for these chinese companies hong kong like the united states is considered off shore investment with the stock market turnover comparable to other major exchanges and secondly hong kong as an international foreign exchange trading center can always meet the demand for foreign currency fundraising especially in u.s. dollars and compared with the madeleine hong kong alyson hong kong always attracted more coverage and more reports from multinational investment bank and research institute that's not here to track overseas investors probably not usually more companies yeah that is if they talk on that that that is exactly the point where i want to bring in chelsea because when you talk about hong kong and its traction especially to foreign investors chelsey hong kong is no longer the gateway to china it is technically sp