google. abigail: yes, a big rally for apple, amazon, facebook. google the odd stock out. u and i were talking about quarters forblowup most companies. apple, in particular, the stock had been up 5%, then in the afternoon around that news came reversed, and that is when apple took off, as though there was an invisible hand behind apple surging. it is hard to believe institutional money is buying the stock at a five-year high. they haven't provided in outlook, but nonetheless, great results, each beating estimates. apple and amazon beating, meeting or beating the adjusted earnings estimate prior to the pandemic, but almost as though they had never been reduced. facebook not as much, but investors relieved add the sales were strong. not for alphabet. relieved that advertising sales were strong. not for alphabet. down 3.3%. all this leading us to record highs for apple and facebook. , notd see record highs just on the day, but on the open, really impressive. not the case for amazon, alphabet or the nasdaq 100, but inetheless, a nice feather cap of investors and shareholders fo

sweeney isceo tim calling on google and apple for being absolute monopolies. e to tim sweeney earlier today. the market is google and apple. those are your two choices for mobile platforms. apple says, if you don't like our platform, use google. google says the converse. these companies are using control of the operating systems to exercise monopoly over all comers conducted between consumers and businesses. apple says, if you build an app for our platform, first for, you can only distribute it through their store. imagine a town that only allowed target, disallowed any other stores from owning anything. that is totally un-american and uncompetitive. that is exactly what apple does. a semi-openreated platform with android. the software is open platform but then they layer on all of these business terms with the google play store and google search, which force all of the carriers making devices to lock it down and limit it. apple and google are taking 30% of all revenues for comers. they are deciding which kind of apps you are allowed to build and which kinds yo

the chief executives of amazon, apple, facebook, google all being grilled like capitol hill.bye. hello again. it was a little bit warmer out there today. but over the next two days, the heat will really build. temperatures will rise and, by friday, it could be the hottest day of the year so far. temperatures will be slower to rise in scotland and northern ireland, perhaps because we've got these weathers front coming in from the atlantic, bringing more cloud and some outbreaks of rain. and through the night, most of the rain will be affecting northern ireland. there will still be some for a while in wales, and a few spots will head up into the northwest of england and southwestern parts of scotland. either side of that, some clearer skies developing. and generally, temperatures at 10—12 celsius tonight, but probably a bit colder across northern parts of mainland scotland with maybe some early sunshine on thursday. very quickly, though, we'll see that rain turning heavier and northern ireland. it will cheer up through the day as the wind picks up and blows that rain away, push

voice systems many languages can't be used at all it's just 8 work across platforms for amazon google and apple the google smartphone assistant is the most diverse it speaks 24 languages but generally the rule for all devices is minorities are not certain time or take minutes. if you lend and in many countries all there's no speech software gets off because the demand just isn't worth investing in it the most out on the hill. so speech recognition systems don't work the same for everyone plus let's not forget that there are people with speech impediments and people who cannot speak or hear a german research project has developed the 1st tool that enables speech software

these big tech companies, apple, amazon, google, and facebook, because amongst the democrats and some republicans, these -- there is a feeling that these companies are too big, take up too much of the economy, gobble up competition by acquiring smaller companies, and amazon's case by both selling products and being a platform, and in apple's case running the app store. they feel that antitrust law has not kept up with what the digital economy looks like. senator elizabeth warren has tweeted recently "here is what you will not read and big tech's bought and paid for research. amazon, facebook, google, and apple have too much power over our economy, society, and democracy."

no voice assistant whether produced by amazon google apple i.b.m. or microsoft will understand every word but the error rates fall notable patterns a study by stanford university for example found a 35 percent error rate for african-americans as opposed to 19 percent for white americans even though english is the standard language for voices terms many languages can't be used at all just 8 work across platforms for amazon google and apple google smart phone assistant is the most diverse it speaks 24 languages but generally the rule for all devices is minorities are not certain time or take minutes. if you lend and in many countries there's no speech software us off because the demand just isn't worth investing in that the most i'm here. so speech recognition systems don't work the same for everyone plus let's not forget that there are people with speech impediments and people who cannot speak or hear a german research project has developed the 1st tool that enables speech software to recognise language research is also focusing on going beyond the s

apple. their business model, relative to google and facebook isn't predicated on ad growth. plications in terms of how data is being used. so, that is a piece of it. another look is when you look at apple's influence, there is a small percentage of the units in the smartphone markets. anhink the app store is important part of the story. the majority of their apps are free. there are some differences. what's a little different with apple is that if customers want or be and other parts, they do not need to rely on apple. they can go to samsung. there are other smartphone vendors. across otherdors products. within music there is spotify. sure, apple has advantages and they do a good job integrating things, but there's is the competition. i would add, in these other businesses as well, amazon, facebook, google, competition remains fierce. we all remember history with american online and other platforms that were viewed as unbeatable at the time. of course things changed. i go back to this point around innovation because if these companies are not able to do that effectively over

amazon, google, facebook and apple have too much power over our economy, society and democracy. they think they're too big to be held accountable. we need to break up big tech and stop mergers that kill competition. what is she talking about when she said we need to break up big tech and stop mergers? >> so, take facebook, facebook is a very large company. they also own instagram and what's app, other huge companies that people everywhere across the world use. what she's saying is that smaller companies never have a chance to emerge into the market place and become successful if maybe, which has the means to buy up smaller companies, keeps doing that. she thinks that google is too big and should be separated from youtube. that amazon should not be able to be both the seller of products and the market place of products. she thinks that the federal agency, the federal trade commission and the department of justice should sue to have these companies spin off from each other and become smaller companies. >> so it is a role for regular lators, not a role for congress? >> well, what c

executives at amazon, apple, google, and facebook are to be questioned over accusations that they are too powerful and that their business practices are anti—competitive. this is the scene live in washington as the hearing before the house judicial committee is about to get under way. the boss of heathrow calls for coronavirus tests at uk airports to avoid the need for holiday—makers to self—isolate for m days on their return. people would stay in quarantine until they had had two tests that showed that they didn't have, and then they would be allowed out. earlier than otherwise would be the case. the world health organization warns increasing infections among young people could be driving spikes in coronavirus cases across europe. and the next head of the secret intelligence service, otherwise known as mi6, has been named as richard moore — currently political director at the foreign office. so, there's some curry for your boys. laughter. and the prince and the podcast: prince william discusses football and mental health with peter crouch. welcome to bbc news. four tech giants and th

hello welcome to the program on amazon apple google and facebook for companies that have changed the way we live work shop and stay in touch with our friends and family but the american tech giants have long been accused of abusing their power to drive out competition and mishandling user data the u.s. congress has been investigating their business practices for years old wednesday politicians question the firm's chief executives as they consider changes to anti trust laws will bring in our guests in a moment but 1st this report in washington d.c. . you know as the ranking member of fittingly the tech giants appeared virtually to face questions the subcommittee chairman making clear he sees a problem their dominance is killing the small businesses and you factoring in the overall dynamism that are the engines the american economy their ability to dictate terms call the shots up and entire sectors and inspire fear represent the powers of a private government this was meant to be an inquiry into business practices do the 4 companies google amazon apple and facebook stifle rivals and ki

just a means many languages can't be used at all it's just 8 work across platforms for amazon google and apple the google smartphone assistant was the most diverse it speaks 24 languages but generally the rule for all devices is minorities are not a certain time or to 8 minutes. if you lend i mean many countries all there's no speech software yes off because the demand just isn't worth investing and at the most an act on the human. so speech recognition systems don't work the same for everyone plus let's not forget that there are people with speech impediments and people who cannot speak or hear a german research project has developed the 1st tour that enables speech software to recognise heiling which research is also focusing on going beyond the strict sense of for its meanings after all it's not just what someone says but also how they say it that plays a big role in comprehension this is especially intriguing for companies as they hope to find out more about their customer's point that i'm in a great time today i know. it takes only a few words to hear what kind of mood a person is and whe

hello i'm ros atkins, welcome to outside source the bosses of amazon, facebook, apple and google are being grilled by congress over claims they're stifling competition. we'll bring you the latest. america's top infectious diseases expert warns the politicisation of the coronavirus is coming in the way of an effective response. there is a considerable degree of political divisiveness to a level that everyone admits, you don't need me to make that declaration. and in europe young people could be contributing to the resurgence of coronavirus, the new warning from the world health organization. and a new law for turkey giving the government sweeping new powers over social media platforms — we'll look into the motives. we will be talking to bbc turkish. welcome. now — this hasn't happened before. four of the most powerful people in technology are giving evidence to the us congress. they are — jeff bezos of amazon, tim cook of apple, mark zuckerberg of facebook and sundar pichai of google. and the question at the heart of all this is whether these companies are simply too big. there's no d

these are the names, apple, amazon, google, facebook, here we go "after the bell" with those numbers.>> also happening today, very important, president trump caused quite a commotion floating the idea of delaying the november election until it is safe for people to vote in person. his tweet casting a shadow over white house efforts to push forward on more economic stimulus as the enhanced unemployment benefit is set to expire tomorrow. blake burman is live at the white house with the kerfuffle of the day. blake. reporter: hi, there, cheryl. you remember joe biden was laughed off, completely laughed off by the trump campaign when he predicted this very moment would come. president trump took to twitter today, and openly suggested potentially delaying the presidential election in november. here is the tweet. with universal mail-in voting not absent tee voting which is good. 2020 will be the most inaccurate and fraudulent election in history. it will be a great embarassment to the usa. delay the election, president says delay the election until people can properly, securely, safely vote

you're talking about the ceos of amazon, apple, google and facebook. this is taking place at the u.s. capitol and the offices or studios of four companies. you are seeing succecicilline t. he is talking to senator pachai who is the ceo of google. this is the investigation into the behrw do they use that powe? google choosing what links to show you. facebook buying up all kinds of companies like instagram. apple makes you buy apps through their app store and demands a cut. again, you are looking at live video here as cicilline continues to talk, but all four ceos are listening. so video from earlier we were seeing what members were seeing on a big screen. we don't control the video in the hearing room. congress does. ceos facing tough questions from democrats and republicans. here's jim jordan getting a warmup. >> i'll just cut to the chase. big tech's out to get conservatives. july 20th, 2020, breitbart in the daily caller. we learned google has censored breitbart so much traffic has declined 99%. >> we will expect more of that to come up. again live p

lawmakers pressing leaders of apple facebook google and amazon in cross a congress they accuse the tech giants of killing off the competition to boost profits in. the u.s. slashes its military presence in germany by a 3rd the decision comes after president trump repeatedly said berlin was quote delinquent on its defense spending. and nigeria's appetite for wild game meat often puts endangered species on the butchers watch w. follows one man's quest to save wild animals before entire species are wiped out. and 4 months after the last always bounce the n.b.a. is preparing us for turn the new season will be held at disney world in florida but will it be a fairytale slam dunk. i'm brian thomas great to have you with us today u.s. lawmakers have accused global tech giants of creating unfair market conditions that suppress competition for of america's biggest names and technology have appeared before congress to answer questions from an antitrust battle the leaders of facebook google apple and amazon denied that they're trusting competitors and acting like cartels. america's tech titans on th

google and facebook have a grip on line advertising. apple has its app store and the fee that is it charges people too. so there is definite economic cone constraint arguments to be made. they say they are fonts of innovation. a lot of their products are free to consumers. consumers choose to go to google. i'm not really sure congress has, congress is dealing with antitrust laws promulgated in 1890, 1914. these are long time ago laws meantme tot t t assdd dreomssiny en upenow sortf ol oompanies addressedrdrd. e lesseee aere a a a going t beb gotoin bg eing e lit atlitit hao yap tploapplheapseplheomhe comea .nedpp wenicrosoftrosoft t tbuybuhe bheehe har to t t apy to t t ces.. o,hi qhiuesthiiouenio o o wha n nt nt andnd how h f getss bsack bacthe mt on. wh awhrewhrewh sreck ssreck contio up. because i think the stock market has digested that. neil: you could be right. i know this is the subcommittee of the house judiciary committee. as you recall, john, yesterday, things goat a little heated. i wonder whether some of the theatricses on both pa

this is news live from berlin are america's tech giants killing the competition the heads of apple facebook google and amazon defend their companies during a grilling by u.s. lawmakers in congress also coming up the u.s. announces a partial military withdrawal from germany a 3rd of its troops are being ordered to leave that as president trump accuses germany of being a freeloader at nato and not paying its bills. and a giant leap in the search for life on mars nasa prepares to launch a new mission that it hopes will finally solve the riddle of the red planet. i'm told me a lot of welcome to the program is big tech too big for of america's biggest names in technology have appeared before congress to answer questions from an anti trust panel the leaders of the so-called big 4 facebook google apple and amazon defended their companies from accusations that they've become too powerful and are stifling competition. america's. on the defensive facebook's mark zuckerberg alphabets sindoor pitch. i am a zines jeff bezos and apple's tim cook all face the virtual grilling on capitol hill lawmakers say the c.

hello welcome to the program on amazon apple google and facebook for companies that have changed theway we live show up and stay in touch with our friends and family but the american tech giants have long been accused of abusing their power to.

around 90% of internet searches are on google. apple is run by tim cook.question is, do they own a bit too much of the internet? that's what us legislators wanted to find out today. zuckerberg on the hook first and asked whether they simply bought competitors rather than compete with them, notably instagram? he accepted they were a competitor. in the growing space of mobile photos and camera apps, they were a competitor. he was also asked whether he wanted to buy google at one point. it will be a while before we can buy google, did you recall writing that e—mail? i do not, but it sounds like a joke. some pretty pointed questions to tim cook of apple, that apple uses its position to hurt businesses. so, we do not retaliate or bully people, it is strongly against our company culture. and the questions got harsher, at one pointjeff bezos‘s amazon's treatment of smaller businesses was compared to eight rug dealer was compared to a drug dealer dealing with a drug addict. you had to get your next fix, your next check. this is one of your partners, why on earth w

apple should be broken up. this is bloomberg. ♪ emily: welcome to bloomberg technology. monday, we were supposed to see the ceo of facebook, googleazon testified before the house antitrust subcommittee. that hearing is now postponed. congress will be honoring representative john lewis, the civil rights icon, instead. antitrust is still top of mind for big tech. yesterday, i sat down with apple cofounder steve wozniak and asked him whether he thinks apple should be broken up. often talk about apple things. i am not in operations directly. sometimes i have negative opinions about apple being a little too much control over you. i thought about this one. this one that is going on right now with antitrust. i actually take apple's side on this one. why? what's the big issue? emily: the fees that they charge developers. steve: 30% and giving you guarantees on protections and security on the apps you could possibly download. when you look at what happened in the android world, i don't object to that at all. so, if there's a little app maker and apple does the same thing, everyone uses the apple one. it could be the weather or whatever. i

places where they compete with thousands that was certainly the question that came up for google for amazon and for apple which all deal with 3rd parties and so google got a lot of the attention because 90 percent of web searches have been through google today a lot of the online advertising they are the largest beneficiary of online advertising so a lot of the business and eyeballs if you will of consumers happened on that platform and so we're going to continue to hear more about their business practices and exactly how they promote their products over others do you pay to get your products and services show up in google results that is extremely important placement in a google search results ok this is just another step in a very long conversation hit that from the scene that thank you for being with us great to get your insights on al-jazeera my pleasure thank you now the death toll from the krajina virus pandemic has surpassed 150000 in the united states that's the highest number of fatalities in any nation by far and accounts for nearly a quarter of the recorded global toll now 2 of the most populo

lawmakers press the leaders of apple facebook google and amazon in congress when they choose the tech giants of killing off the competition to boost profits. i'm brian thomas good to have you with us today germany is officially in a deep recession with the economy contract in by 10 point one percent in the last quarter it's the sharpest fall in the country's modern history the figures cover the period during which the country was in its most restrictive lockdown face close borders shut down shops and production halted thousands of work places dealt a severe blow to small businesses and many export dependent industries and europe's biggest the cup. let's go straight to the financial correspondent chelsea doing he's standing by in frankfurt for us to date you josie what have been some of the reactions to these numbers well it's really just a stunning stunning number to see. broken basically every record for the sharpness and the steepness of a quarterly contraction so it's certainly a bit of a blow people were obviously braced for a big decline obviously given the state of the economy a

ceos on facebook, apple and google grilled on capitol hill answering questions on squashing competitionical bias on platforms. todd: lawmakers take on tech titans. >> reporter: it was contentious during the hearing on capitol hill, the ceos of amazon, apple and google were grilled by lawmakers, representative jim jordan accusing the tech industry of being out to get conservatives. >> big tech is out to get conservatives, that's not a suspicion, not a hunch, that is a fact. if i had a nickel for every time i was told it was just a glitch i wouldn't be as wealthy as our witnesses but i would be doing all right. >> that conversation spilling over to the fairness of the 2020 election with google's ceo. >> can you assure americans you won't taylor your features to help joe biden in the upcoming election? you did it in 2016. donald trump won. i want to make sure you're not going to do it again in 2020. >> you have my commitment. >> reporter: representative gates drilled google over its involvement with china. >> why would an american company with american values so directly aid the chinese mi

i day of reckoning for big tech the heads of facebook google amazon and apple are all jews before us congress to be asked if they're too powerful. in the aftermath of the wire car scandal the german authorities are also facing scrutiny lawmakers want to know how 1000000000 euros can just disappear. and final call volunteers test out. for the head of its opening 11 years behind schedule. this is deemed to be a business on robots in berlin it's great to have you with us 4 of the biggest names in world tech are about to face questions from the u.s. congress that's a facebook amazon apple and google will be asked whether their companies with a combined value of over 5 trillion dollars of simply become too powerful the c.e.o.'s have already been getting them messages out ahead of the harry. this is facebook a data that disregards the privacy of its clients gives racist comments for your brain and hinders competitors not at all and says c.e.o. mark zuckerberg his company is so successful simply because it's the best. we got there the american way we started with nothing and provided better

paying its bills also coming up on america's tech giants killing the competition the heads of apple facebook google and amazon defend the company's journey grilling by u.s. lawmakers. for months after the last forced by the n.b.a. is preparing a fairy tale return the new season will be held at disney world in florida but will it be a slam dunk. i'm told me a lot of welcome to the program the united states is on the field plans to withdraw nearly 12000 troops from germany a 3rd of its military footprint in the country president trump justify the move saying germany hasn't been paying enough for its defense and the u.s. quote didn't want to be any more german leaders expressed regret at the decision. a historic reduction in the number of american troops stationed in germany even more will be leaving than expected. the u.s. secretary of defense mark asper announced the withdrawal downplaying its significance it is important to note that in nato has 71 year history the size composition and disposition of u.s. forces in europe has changed many times but u.s. president donald trump said the move is meant

the house judiciary committee hearing will be held virtually with the ceos of amazon, apple, google, and facebook. jeff bezos, tim cook, send our perch i and mark zuckerberg will all face questions about their company practices, market power and dominance among online platforms. >>> happening today, news conference by officials in santa clara county to protest president trump's recent memorandum that excluded undocumented immigrants from being counted in the 2020 census. the county leaders say if immigrant communities are discouraged from taking part in the census, that could affect political representation as well as federal funding for the county for the next 10 years. population data collected in the census is used to determine federal funding and how many seats each state gets in the house of representatives. the news conference is set for 9:30 this morning. company attorney general is using, is assuming the administration over the memorandum. he calls it a violation of the constitution and says an undercount would undermine california's political power. it would try to deny cali

>>set to testify today on capitol hill amazon apple facebook google executives all will be testifying it could you know spell out the fake the future in terms of regulating. these big tech companies will see what comes out of that. >>we'll see what comes on a day at the end of the day we're in this fog let's going to be like rebecca, yeah we definitely well daryn for the most part around the bay area except for some of our stubborn coastal areas right like normal, we will still see that a fog and the low lying clouds a stick around through like half moon bay parts of san francisco. but everywhere else lots of sunshine and some mild to warm temperatures across the coast in bay and some hot ones inland tomorrow, we're going to see a much of the same as what we're seeing today and then by this weekend though we're really going to get a jump up and temperatures, especially are in the valley locations we're going to see anywhere from low to even mid 90's on the board possible. so i'll have all the details coming up in my full weather check in just a bit back to the news. >>thanks a lot hap

the ceos of facebook, amazon, apple, and google were supposed to appear before congress this monday. but this has been postponed to wednesday because of the memorial service for the late representative john lewis. the hearing centers around a year-long investigation into various antitrust issues involving those four companies. >>> protesters in portland continue to clash with federal agencies sent into the city by president trump. last night the racial injustice demonstrations remained relatively peaceful until late into the evening. federal agents tried to disperse the crowd. fireworks were set off, and minutes later there was tear gas. authorities say six federal officers were injured. those that live downtown are tired of the nightly noise and violence. >> we can expect every night to either wake up choking or whatnot just because the tear gas is coming in. it's hurtful. it's sad. it's saddening what's going on. >> citizens have flooded local news stations with complaints. a lot of officials criticizing the use of federal agents in that city, and they've asked them to leave. the f

happening over and over aga, you know, there were similar themes around westerns asked of amazon apple and googlelar themes around questions asked of amazon and apple and l, these aw companies that have dominated a huge swath of the digital ecosystem today. that if they are copyibe small, woul rivals, that really presen serious challenges to innovation in the long run. anchor: and there is the issue of copying products and there is the issue of pushing your own product over your rivals. there was another rival -- there was another exchange between amazon's jeff bezos and congressman jamie raskin, asking about whether amazon pushes its n products over rival products. he was asking specifically about the alexa voice service's that exchange. >> alexa make up 60% of smart speaker market. when i ask aelxa to play my favorite song, prime music is the default ayer. is alexa trained to sell amazon products? >> i am not sure it is trained in that way. i'm sure ere are cases where we do promote our own products. business.ommon practice in it would not surprise me if alexa doesometime promote our products.

i own these, apple and facebook and google i'm going to continue to own them when you see stuff making all time new highs, that's not the time to get excited for fred and ethel and say i'm going to put my retirement savings into the faang stocks you've got to stay diversified and have better values out there. >> michael, you telling people the buy value stocks and cyclicals and things tied o the reopening in a market like this. isn't this case study to why the markets have gone relative to the other names? >> in over a four-month period you haven't made much money being anywhere else other than these stocks if your time horizon is longer than the four-month period, make four years or 14 years or 24 years then i think you want to diversify into some of those names that have been baeeaten up and have good balance sheets and will start to recover. some of them are starting to recover. >> it's so uneven. >> they are the beneficiaries of all of this. let me break away from the conversation for a second. it's related let's go to julia. >> facebook announcing its launching music videos in the

the chief executives of facebook google amazon and apple have been defending their business practices that in u.s. congressional hearing there accused of stifling competition and avoiding liability under current laws. millions of children and both wealthy and poor countries are at risk of a vast civil health damage because of lead poisoning the study by the u.n. agency unicef as well as an environmental group found nearly one in 3 children has high levels of lead in their blood this can impair brain development never systems of vital organs it blames inadequate recycling of lead acid batteries paint in homes and contaminated food. japan's government has been ordered to recognize victims exposed to radioactive black rain after the attack on head in 1945 dozens of plaintive said approach the codes after they developed illnesses linked to radiation exposure before the ruling they weren't satisfied atomic bomb victims because they were originally located in areas deemed safe by the authorities next week will be the 75th anniversary of the u.s. attack and head off that killed 148000 people

i think the apple google you bluetooth is a fantastic doublet. i'm glad, they should not be in the business of crating solutions that can interfere with their for-profit business. and as good as the particles is, if another technology company cut tricia to go with a solution which is already there, even if the x closure is not threatened. it might be a race. so that company conflict with orientation than apple and google and foundation makeup. so we believe the big we can make it tryst with her. should be an open source prayed for everybody can collaborate . and for no other nonprofit businesses. if we do then create a national grid of the south. so you want to see a mushrooming of the separated and the spanish that we can believe that we can all work together and take you to the national grid. that will also be part of this national in the. >> thank you pretty so i have been supported are supportive of a robust federal data privacy center to replace safe regulations rated some of the inclination national standards be beneficial's this people he

titans of technology accused of an abuse of power the heads of facebook google amazon and apple face a grilling at a contentious congressional hearing. i'm about this and this is i'll just have a live from doha also coming up the rest of the. national security law. 4 students arrested in hong kong accused of posting secessionist material on social media. or than 150000 americans are confirmed dead from coronavirus florida california and texas record their highest single day tolls and a dream shattered are families still seeking answers about how their teenage son died while in training for the time military. the heads of some of the world's biggest tech giants have faced a 5 hour grilling on the way they do business facebook google amazon and apple are accused of stifling competition and monopolizing the industry is the end of a year long investigation by the u.s. congress which claims to outline how current laws allow the companies to avoid liabilities alan fischer reports the ranking member fittingly the tech giants appeared virtually to face questions the subcommittee chairman mak

apple has a monopoly, and when you have a monopoly, the normal rules do not apply. between googlend apple, you have about 100% of the market of smart phone users in north america, and if you look at the kind of smart phone users who would pay $99 a year for an e-mail service, apple has about 80 or 90 percent of that. so when you have a monopoly, you can't just refuse service. it's like it was with the railroads. if you own a railroad monopoly, you can't just say well, you can just pack a mule or get some pigeons to carry your goods. no. the u.s. has a lot of relations and laws specifically governing monopolies. you have to play by those rules. this is exactly the inquiry that is going on in congress right now with the antitrust committee, looking into those abuses. so we don't even need apple's help. we simply want to distribute our software to iphone users. we don't need apple's marketing help. we don't need them to feature us in the app store. if there was a way to distribute our software directly to the iphone, without going through the app store, we would do that. that's exact

tremendously attractive in the 80th percentile because of the name you mentioned, microsoft but throw in apple, google at some point, that valuation will normalize either those names keep on going up or rates go higher. at some point, if you get to the 50th percentile, it could go lower or higher than that. let's call it the 50th percentile, we'll go side ways we are not that far away from it at that point, your returns are going to be less attractive. >> you said right now that stock markets look tremendously attractive tremendously >> relative to risk-free rates, absolutely absolutely. >> is there any other place to invest besides equities that make any sense right now ca cash gold baseball cards anything >> i would say relative to your high, stable cash returning stocks right now, the answer to that is no given the information i have it would vo to take some change of information if things get much worse from a virus point of view something much worse for china than what is going on. as you guys see it right now, equity markets are still a good investment fairly priced relative to good rates and wi

the bosses of amazon, facebook, apple and google are being grilled by congress over claims they're stifling competition. we'll bring you the latest. america's top infectious diseases expert warns the politicisation of the coronavirus is coming in the way of an effective response. it comes after president trump again defended the malaria drug to ward off covid—19. the world health organisation is saying that young people could be driving up the spikes across cases in europe. the resurgence has raised the prospect of board is being closed again after weeks after lockdown. in the us department of federal agents a federal agents will be removed from portland but dozens will be sent to three more cities as pa rt will be sent to three more cities as part of president trumps operation legend program. airlines and travel industry leaders say it is vital to the post covert industry. heathrow says testing could be up and running within weeks of his airport and could allow passengers to go back to work more quickly. but the culture secretary says that testing is not a silver bullet to stop the need fo

apple announced a 4 for one stock split. facebook and alphabet, parent company of google, posted better than expected earnings, ahead of the open take a look at stocks, big tech on big fire, apple up better than 5%, apple up 6%, amazon better than 5%, facebook nearly 6%, google parent alphabet is trading down this morning. president trump responding to the backlash after suggesting the election will be postponed. the president citing concerns over mass mail and voting. in a tweet yesterday the president said the election wound inaccurate and most inaccurate and fraudulent in history. the president defending himself saying he doesn't want to see a rigged election. >> i want to have the election but i also don't want to have to wait for 3 months and find out that the ballots are all missing and the election doesn't mean anything. do i want to see a day change, no, i don't want to see a crooked election. this would be the most rigged election in history if that happens. maria: well, members of the republican party house minority leader kevin mccarthy spoke out against the election would not be moved. covid-19 stimulus move hitting

facebook, apple, google and amazon get grilled we'll hear more after the break. >>> welcome back to stooichbltz the ceos of four big tech companies were accused of political censorship in a five-hour hearing. >> in five hours of bruising and specific questioning, republicans challenged apple, amazon, facebook and alphabet. democrats focused on the size and power. the subcommittee chair >> our founders would not bow before a king and we should not before the four emperors of the economy. >> competition drives us to innovate and leads us to better products, more choices for everyone >> customers have a lot of choices and products face fierce competition. companies like samsung, lg and google have different approaches we are okay with that. >> our services are about connection our business model is advertising. we face intense competition in both >> lawmakers probed app store pricing, goods and commenting preesing bezos acknowledged aggressive pricing but says it doesn't use teller's data to do that >> i can't answer that yes or no we have a policy against using seller-specific data to aid our pri

apple, facebook and google. at a congressional hearing. the ceos will take the hot seat coming face-to-face with congressional leaders and they'll answer questions about whether they're too dominant. suppressing competition. and hurting consumers. the complaints about amazon are over it dominance over e- commerce. for apple it's the app store and for google the company's share of internet searches. >> all of them will get out their violins and play a really sad long. life isn't easy just because you are big. you continue to face pressures. they will make that case and i'm sure make it effectively. >> house subcommittee began the probe on the issue before the pandemic hit and it's due to begin just before 9:00 this morning. >>> now to campaign 2020. joe biden will pick a running mate by next week. california senator kamala harris is a frontrunner and while holding a media briefing this week, joe biden's personal notes on kamala harris were captured by a news photographer and they said do not hold grudges. campaigned with me and jill. talent