well as we've been saying apple facebook google and amazon are 4 of the 5 most valuable u.s. companies let's take a look at the scale of their operations they have a combined market value of nearly 5 trillion dollars that's slightly more than the entire g.d.p. of japan the 3rd largest economy in the wild the annual revenue of the 4 tech giants combined is more than $770000000000.00 that's equal to the g.d.p. of saudi arabia the washington post reported that the 4 companies have spent more than $350000000.00 over the last decade on lobbying activities out of the estimated $4600000000.00 people connected to the internet google and facebook have crossed the 2000000000 use the mark apple's 1500000000 while amazon hasn't disclosed its reach we can now speak to kani guglielmo she is the editor in chief of the american tech website seen at and she joins us now live via skype from san francisco county thanks for being with us this was a hearing that was really meant to be about competition in the market but the dominance of these giants has not really been in question so why are we s

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

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."

live from doha also coming up titans of technology accused of an abuse of power the heads of facebook google amazon and apple face a grilling at a congressional hearing. more than 150000 americans are confirmed dead from coronavirus florida california and texas record their highest single day tolls. and a dream shattered the family is still seeking answers about how their teenage son died while training with the time military. for the 1st time hong kong police have used a new national security law to crack down on social media posts by pro-democracy activists for students belonging to a group called student localism have been arrested they're accused of posting content that called for hong kong's independence the controversial law was imposed in hong kong 4 weeks ago but it makes subversion and secession criminal offenses and it grants police powers to arrest suspects without a warrant. they have some doctor recently that say for example they wanted to be a stuffy a hong kong country and also they wanted to be jews all demands to to keep doing get spanked and finally they wanted to to deny t

the insinuation is that the businesses just have to capitulate to apple, amazon, facebook and google ust absurd. if you think about it twitter, did it so off to facebook or anyone else? no they competed directly. tick—tock doing the same thing. you have dozens of competitors around the world and once againjet dot com a start up on its own that was acquired by walmart, the largest retailer in the world, no one seems too bad an eyelash that acquisition. employment angst and frustration and animosity into technology as this bogeyman for all the bad that's going on when in fa ct all the bad that's going on when in fact there's a lot more going on and so we fact there's a lot more going on and so we have not identified a single instance of consumer harm. going to get through a couple of questions, brief answers to a couple of the thoughts because donald trump tweeted earlier threatening to bring fairness to big attack with executive orders of congress does not do it, one way or another legislation is coming, isn't it? what i think about that as you are seeing the real threat of opening the

on their business practices facebook google amazon and apple are all accused of stifling competition and monopolizing the industry it's the culmination of a year long investigation by congress detailing how the company's avoid liability under the current boss alan fischer has a story he now is the ranking member fittingly the tech giants appeared virtually to face questions the subcommittee chairman making clear he sees a problem their dominance is killing small businesses and you factoring in the overall dynamism of the engines of 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 did for companies google amazon apple and facebook stifle rivals and kill competition when republican. immediately made clear he also wanted to talk about bias online we love the fact that these are american companies but what's not great is censoring people censoring conserves and trying to impact elections and if it doesn't end there has to be consequ

the chief executives of facebook google amazon and apple have been defending their business practices via video link they're accused of stifling competition and monopolizing the industry free from regulation this is the culmination of a yearlong investigation by the u.s. congress detailing how the companies avoid liability under the current laws well amazon has been accused of accessing data from sellers on its online shopping platform to create its own products when pressed on the issue chief executive jeff bezos says he called to guarantee his company doesn't engage in that activity. let me ask you mr amazon after access and use 3rd party seller data when making business decisions and just a yes or no will suffice or. i can't answer that question yes or no what i can tell you is we have a whole yugant using solar specific data to aid our private label business but i can guarantee you that that policy has never been violated you have access to data that your competitors do not have so you might allow 3rd party sellers onto your platform but if you're continuously monitoring the data

>> the heads of amazon, facebook, google, and apple appeared together virtually at a house judiciary subcommittee hearing on competition within the tech industry great they also took questions about the use of third-party seller data and allegations of anti-conservative highest. -- anti-conservative bias. >> the committee will come to order. i recognize the gentleman from florida. i recognize the gentleman from north dakota for five minutes. bezos, my colleagues brought up -- they were discussing third-party sellers this policy

s of alphabet and google facebook apple and amazon now each of these companies have been accused of manipulating their platforms and search results to promote their own products and interests google users know that any time they search for a product the 1st several results are typically advertisements but today the topic of conversation included how google has benefited from those results. what is the value of the part that you do use the google ads for and it's a substantial part of your business which they are going to 2cb3cb. you know in terms of revenue it's i don't $100.00 plus $1000000000.00 but that's a lot of money was mr which i now face that was quick to defend its size and its acquisition of instagram and whatsapp by claiming china is also looking to dominate the social media world with the popular out tick tock but it was facebook's ownership of instagram which it previously acknowledged was a competitor that raised questions about whether it violated federal law but this is october mergers and acquisitions that buy us tend to competitive threats violate the antitrust laws in your ow

news live from berlin are america's tech giants killing the competition the heads of top all facebook google and amazon defend their companies during a grilling by u.s. lawmakers in congress also coming up to the u.s. and also as a partial military withdrawal from germany a 3rd of its troops are being ordered to leave that as president trump accuses germany of being the freeloader at nato and not paying its bills. for months after the last fall was found the n.b.a. is preparing a fairytale. new season will be held at disney world in florida but will it be a slap duck. and told me a lot of people 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 poll and amazon defended their companies from accusations that they've become too powerful and are stifling competition. america's tech titans are on the defensive facebook's mark zuckerberg alphabets sundar pichai amazon's jeff bezos and apple's tim cook all face the virtual grilling on c

google. dominates thele digital ad industry along with facebook. s it's a little less sexy to talk about, but what are the main challenges that you -- believel present google presents? about theyou talk most important process in the history of mankind, it's when our intentions become our actions. arbiter is how our intentions translates to actions is one firm that decides which content you see when you articulate your intentions. if you type in how to overthrow my government, you get a voter registration term or injections on how to build a dirty bomb. one organization controls 93% of those decisions. i cannot think of another company, or where one broken upres, we have companies and it's unhealthy to have this level globally when companies become less bar. google benefits from the fact that it's not an easy business to understand. they, i would expect that will largely just stay away from the train wreck and the praise that is going to be the zuck and bezos show. emily: i'll be watching to see how many of your predictions hold true. scott galloway

lawmakers press the leaders of apple facebook google and amazon in congress they accuse the tech giants of killing off the competition to boost profits also coming up. the u.s. slashes its military presence in germany by a full 3rd the decision coming 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 for w. follows one man's quest to save wild animals before entire species are wiped out. and a giant leap in the search for life on mars nasa preparing to launch a new mission that it hopes will help solve the riddle of the red planet. i'm brian thomas critelli with us today global tech giants have been accused by u.s. lawmakers 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 deny that they're crushing competitors and acting like cartel. america's tech titans on the defensive faceboo

sticking with 2nd australia is to become the 1st country to require facebook and google to pay for news content provided by media companies under a royalty style system that will become law this year us tech giants facebook inc and alphabetic google will be forced to pay australian media outlets for their content. was truly a is the 1st country to introduce laws to make the tech giants pay for independently generated media content the australian treasurer said it was time media laws caught up to reality. but as the technology has developed. and as the power of the wealth the influence of these digital platforms namely google and facebook has grown. our regulatory framework has not kept up. and as a result there is a very an equal bargaining position between astray in news media business is that produce original content. and the digital platforms for said the man to treat code of conduct was designed to protect independent journalism that will be watched around the world as trail years government late last year told facebook and google to negotiate a voluntary deal with media companies t

amazon, facebook, google, and apple have too much power over our economy, society, and democracy." what is she talking about when she says we need to break up big tech and stop mergers? guest: facebook is a very large company. they also own instagram and whatsapp, huge companies that people across the world use. is that is saying smaller companies never have a chance to emerge into the marketplace and become successful, if facebook, which has the means to buy up smaller companies, keeps doing that. she thinks google is too big and it should be separated from youtube, that amazon should not be able to be both the seller for products and the marketplace of products. she thinks the federal trade commission and the department of justice should sue to have these companies spinoff from each other and become smaller companies. host: so it is a role for regulators, not for congress? guest: well, what congress can laws past new antitrust that would make it easier for federal regulators to do so. currently, some of the lawmakers feel our antitrust laws that are on the books simply are not str

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

i look at apple being in a completely different class from google and facebook but also amazon with googleu've got the situation now that, what, more than 40% of searches, the stuff above the fold takes you to another google page. they're using search to close off the open web they're using their browsers to do the same thing, to effectively not only get control of the web but to get control of how cookies work so how the advertising industry works and use their control of the back end of advertising to prevent anybody from understanding what's going on. and that combination defines anti-trust by the old metrics, which is to say the sherman act, the clayton act the federal trade commission act. >> you know, roger, i think apple from my analysis has potentially a separate issue here which is mission creep on its app store rules. when this started apple is saying, hey, look, developers you need our payment systems to have smooth payments you need our security. you need all these things if you're going to have a good experience yes, as you adopt these things you're going to pay us a cut becau

and that is a different situation then is happening with facebook and google, in part because facebook google monetize our data, not just on their own sites, but through other partner sites as well. it is much more pervasive. i do think apple has a different relationship there, and it should be looked at with a different set of principles and concern in mind. emily: meantime, the biggest contentions about apple today have been the app store and the 30% cut that apple takes from them at -- from the vast majority of assets that make revenue. in the app store, over the past couple of months, we have been speaking to the ceo of spotify, the ceo of epic games, about their concerns here as well as apple cofounder steve wozniak, who took apple's side on this let's take a listen to what they had to say. >> it is -- they are two companies. they control 100% of the smartphone market. or something like 99.9%. if you look at a lot of territories, apple. . has the majority of revenue. in many of these countries. other countries, google has majority of revenue. it is impossible to look at a territor

tech companies have been accused of being too dominant and too powerful the chief executives of facebook google amazon and apple are all defending their business practices at a u.s. congressional hearing our correspondent alan fisher is on capitol hill breaking down the issues that us politicians want to dressed. it's important because both democrats and republicans see that there is a problem here they see it through slightly different lenses and certainly the republicans on the committee were concerned the boat bias even though this was meant to be all a boat business practices and. they carry their job but what is important here is that this subcommittee has been investigating this for more than a year they see there is a significant problem there and essentially this is a short being fired across the bows of the tech giants know that shot was also echoed by the president don't trump seeing that if the tech companies didn't do something to stop their monopoly then he would take executive action if congress didn't act well looks as if congress might well i this committee has called for furthe

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

about my space and friendster remember them no no one does because of course they fell away when facebook google and others to that space so they insist that what they're doing creates jobs it creates wealth it creates opportunity for many people. egypt's president has approved a new law restricting soldiers from running for office current and former military personnel will now need the backing of the highest ranking officers to contest parliament all of the presidency critics say it's an attempt to prevent anyone challenging. for the top job the u.s. has impose further sanctions on syria and its blacklisting anyone doing business with the government of president bashar al assad until he supports a negotiated end to the 9 year war. among 14 individuals and entities named in the new measures. and those are the headlines the news continues here on al-jazeera after prison lives inside and out by. lorna. anything to. say. this is. going to want to. kill your kids you know and i'm excited about it. if you. don't learn to do for. more than a. little good to know. that. the settlers. are. so good no wa

ceo's of facebook, google, apple, and amazon will all be testifying.oke to the chair of the ,ouse antitrust subcommittee who will be running the proceedings tomorrow, for his take on big tech and how the companies have been behaving. let's take a listen. >> this is the first major antitrust investigation that congress of the united states has engaged in in about 50 years. evil antitrust is designed to address is coercion, and to the extent that these large technology platforms are behaving like novelists -- >> the antitrust issues facing facebook are different than those facing apple and amazon. i think -- is the only actual monopoly. when you have monopoly power, you have to have regulation. i think in the next couple of years, we will probably get closer to it that we have ever been. >> sometimes i have negative opinions about apple being a little too much control over you, but i've thought about this withoing on right now antitrust, and i actually take apple's side on this one. they are basically forced to pay a ransom of 30% were denied access to t

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

think the street was a little bit focused on that, and that is why we saw good performance from facebook and googlebout what is us driving the decisions of appetizers. facebook in the middle of this massive and boycott this month, so we will see the impact of that in the current quarter, so happening on amazon, and not google. what are the trends behind the scenes that might be impacting where advertisers are putting their dollars? dan: you are right. we heard the news a couple of weeks ago that quite a few customers of facebook because of concerns about hateful language and so forth on the website were going to boycott spending money for advertising revenue. what does that mean? if we took the top 100 customers facebook,acebook -- they would represent 1% of the total top line revenue, and 76% of all facebook customers are huge players, small, not fortune 500 companies, so i think that is something that a lot of people are concerned about. not allaid, it has impacted yet. it will going forward, but amazon is becoming a bit of a player in the space, and eating into google space in terms of search, s

the second thing to understand is a facebook, google, they are already censoring and other countries.google will remove content in vietnam that is antistate at the request of the government. similar in thailand. while some of the companies did pull out of china previously, even facebook and google and other space are agreeing to this kind of thing. the extra risk is that the u.s. government and other western governments are so activated the question of china and what is going on there that there is a risk you get caught between the chinese government and the u.s. government on the other side. commentseferencing the earlier. that underlines the position that these companies is in now as they do business in a fast-changing hong kong. >> the international community trying to help the hong kong people, we have seen the u.k. and taiwan offering a path to citizenship. there has been an idea that we could see a mass exodus from hong kong and that could take wealth, skills, technology to the west. what are you -- what are your thoughts? >> it is much better to look at this as a humanitarian i

lawmakers grilled the leaders of apple facebook google and amazon in the congress they use the tech giants are killing off the competition and the boos from fits. and 4 months after the last ball was balanced the n.b.a.'s character gets returned the new season will be held at disney world in florida but will it be a fairy tale slam dunk. i brought down the street have you with us today the united states has unveiled its plans to withdraw nearly 12000 troops from germany a 3rd of its military footprint in the country defense officials say the move is align with addressing new threats from china and russia but president trump has tied the reduction to germany's defense spending. 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 is 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 to send a mes

s of facebook amazon apple and google face a grilling over claims of unfair business practices. and our intelligence is out is there a live from london also coming up the u.s. retreat from a nato ally $12000.00 troops ordered to pull out of germany and a european headquarters moved. virus free for months but now facing a clearly virus reserved get noms government warns the whole country is at risk. and scaling back the harsh concerns of the growing a virus or change the annual pilgrimage to mecca. hello too big to dominant and too powerful that's what the bosses of 4 of the world's biggest technology firms are being told the companies have become in an ongoing hearing in washington even the u.s. president has joined in the criticism threatening that he'd bring the fairness if congress doesn't take action chief executives of facebook google amazon and apple are all being questioned at a hearing over accusations of anticompetitive behavior together their companies are worth almost 5 trillion dollars but they say they operate fairly and within the rules the politicians leading the

the bosses of amazon, facebook, apple and google are all about to appear before congress to answer claims they are stifling competition. we will bring you that hearing live from washington. a new warning from the world health organisation that young people could be contributing to the resurgence of coronavirus in europe. the boss of heathrow calls for coronavirus attests at uk airports to avoid the need for holiday—makers to self—isolate for m days on their return. and the next head of the uk's return. and the next head of the uk's secret intelligence service, otherwise known as mi6, has been named as richard moore, currently political director at the foreign office. hello and welcome to bbc news. the heads of four of the world's largest test tell macro tech firms are due to congress tell macro testify before the us congress related to their size and power. butjeff basis of amazon, mark zuckerberg of facebook, tim cook of apple are all preparing to appear via video conference. together, their companies represent $5 trillion of the us economy. let's show you the pictures in washington righ

i would say that two companies that are most at risk would be facebook and google. ensoring points of view and controlling the narrative and google for having a search monopoly. but it's because it's the best. if you want to use bing, feel free to do so. but the thing about these four big tech companies is they have carried investors' portfolios all year. and they've carried investors' portfolios for the last several years but they seem to be stalling out right now from an investment standpoint. they have underperformed the market since the beginning of july. when i look at all four of these names, apple in particular has seen the forward multiple nearly triple over the last 18 months with zero growth. so that's alarming and that's a position that we've been trimming of. we own all four of these, by the way. amazon in my opinion's probably the best positioned, the knock on them right now is the of cost of new employees but we all know good employees are an investment, not a cost. maria: by the way, mark, you've also got big fees that these companies have faced becaus

at noon, the ceos of facebook, google goal -- google, amazon, and facebook testify about competition in the tech industry. there are several ovens today on our website. at 9:00 a.m. eastern, the casket carrying congressman john lewis departs from the capital after lying in state for two days. the house oversight and reform the 2020 examines census. the house armed services committee examines harassment issues at the fort hood military base. coming up on "washington journal," republican representative ken buck of colorado talks about his book capitol of freedom. remainders the life and legacy -- remembers the life and legacy of john lewis. ♪ host: good morning, everyone. facebook, amazon, apple, and google will be on testifyingl for before the house judiciary committee about their market power. this morning, we will begin with your take on this. -.mocrats, (202) 748-800 republicans, (202) 748-8001.

if we are sheltering in place, we are on the internet and probably facebook i'm a google, -- facebook, and amazon. for one thing, they went out of there's -- out of their way to say that the first week in july, they saw the same growth rate in ad spending as they had seen in the second quarter, which was a direct way to address the ad boycott. frankly, those of us who follow the company more or less knew that and this is what zuckerberg said to his people a few weeks ago, we are not really worried about it. reputational he, it is another story. romaine: we kind of knew that facebook's business structure, the ad boycott was not going to make a huge dent financially. obviously, zuckerberg got dragged before congress yesterday and the hearing they had come i thought it was a little different than the previous hearings they had. business practices that maybe don't quite arise from the level of illegality. is there a real threat here that congress could do something that would interrupt the progress that facebook and other tech companies have made? will: how much it interrupt their progres

so i would be more concerned about google and facebook. emily: interesting.e also have apple coming out next week. we have obviously all been using our devices, but apple stores have been closed and re-closed as covid surged across the economy, and the economy, people are suffering, we are seeing a spike in jobless numbers this week that we didn't expect. how will that translate into how many people are buying iphones and new devices? leigh: the iphone number is going to be poor this quarter relative to last quarter, when numbers were relatively good relative to expectations, because everybody is going to be quarter atward a adoption for the new iphone which should come out in the fall. what is going to be really interesting with apple though, we have had this conversation for years over whether apple will be revalued as a services company. the services revenue, we expect and the estimize numbers are through the roof. whether that surface is multiple or not, i have argued for years that it won't because it is reliant on hardware platforms. but it doesn't seem

scholl: you have corporate headquarters of facebook, google, microsoft. christensen: we realize we live in such an amazing place with so much creativity and innovation. i'm excited when i see the young people in the tech industry all overer town, allll over the e by area commuting backck and forth. there's an energy here. renteria: in mission bay, everyone pretty much works in tech, working on the next start-up. woman: i have 3 cappuccinos for here. renteria: i'll do a coffee. ok. thanks. i'm considered a millennial. we kind of are free spirits, and we don't believe so much in just full-time gigs. i work in social media marketing, so it's definitely a new industry. a lot of people don't quite understand it, but i run social for a living. the really cool thing about a job in social media or just tech is that you can work remotely. coffee shops are free. yes, san francisco is really expensive. there is no other place like san francisco where you're going to have access to the technology, to the communities, to just the people working in the industry. it's j

lawmakers press the leaders of apple facebook google and amazon and congress they accuse the tech giants of killing off the competition to boost profits also coming up. the u.s. slashes its military presence in germany by a full 3rd the decision coming after president trump repeatedly said berlin was quote delinquent on its defense spending.

. >>> plus, for the first time ceos of google, facebook and apple will face lawmakers. they're being accused of being bullies by the tech world. >>> and the all-new shocking report of vallejo police officers bending their badges for every person they killed. who is making that allegation? "today in the bay" starts right now. >>> and a good wednesday morning to you. thanks for starting your morning with us. i'm marcus washington. >> and i'm laura garcia. we'll check in with mike in just a moment. let's get a peek at the morning forecast with meteorologist kari hall. good morning. >>> good morning. and we're looking at a lot of clouds starting out this morning as we take a live look outside in san jose and heading over to campbell it's going to be cloudy throughout the next few hours are temperatures dipping to the upper 50s. another nice and comfortably warm day for the south bay as we reach into the low 70s by noon and reaching into the low 80s by later today. a look at our microclimates coming up. mike, how is it looking for the early morning commute? >> comfortably wa

offensive. >> i think the consumers love us portion is not going to be hard to prove everybody uses facebook, google, amazon and apple products. the harder thing is going to be proving whether or not these companies box out competition. expect them to come armed with examples google will point to all of these video providers thriving facebook is going to point to tiktok that will be their biggest argument in proving that they should not be broken up. >> really good discussion on a big topic. our rbi later on is just how big these companies really are a great discussion >>> coming up, your stocks to watch including the semiconductor company up 10% this morning on some strong numbers. there is your mystery chart. first, some other top stories on this wednesday, spirit airlines warning of potential furloughs in the ongoing lockdown. 20 to 30% of spirit workers may be let go in october including pilots and flight attendants >>> new york governor andrew cuomo is calling for an investigation into a concert in the hamptons a packed crowd disregarding health and guidelines amc theaters and universal have ag

if you look at the most powerful companies the digital age shred facebook google companies are lying around several decades ago and they primarily made their money off of providing a free app collecting as much data as possible and then running advertising against that data the way that we're starting to perceive data is less as a company's owned commodity and more as the individual identity owners write code for their own information. when i speak to younger people i heard a huge offend in privacy is a myth and they say it was a very natural i care prize and it isn't and the way they say this it's shows to me how obvious it is for them that it's a myth and that shows to me ok make maybe maybe it is something that is basically like us writing a dead horse. to cut their make up and he is. doing. people. at home putting a camera in front of their face and telling something for the camera it's a very intimate setting it's like a little piece of technology and you. know cos having seen a. p.s. and woke up see how worn he went about being leaned when a funny scene learning that. if you're

s of the 4 big tech companies during testimony on capitol hill the chief executives of facebook google amazon and apple were being questioned at a hearing over accusations of anticompetitive behavior this is how facebook c.e.o. mark zuckerberg responded when asked about the role is organization could play in stopping the spread of misinformation or we do prohibit content that will lead to imminent risk of harm and stating that there is a proven cure for coverage when there is in fact no one might encourage them to take something that could have some adverse effect so we do take that down. fisher joins us live now from washington d.c. allan what have they said about misinformation. well they should really be talking a great deal of misinformation because this is an antitrust hearing which means that trying to talk about their business practices whether or not these 4 companies are actually strangling innovation whether some of the tams to get on their platforms are so strict that it's stopping smaller companies develop their policies and develop their products as sensually killing compe

take steps to add more rules to the road, to take a look at a loss for internet platforms like facebook and google and twitter -- the laws for facebook and google and twitter. what is interesting is that mark zuckerberg has been saying we welcome regulation. we want regulation. he has not suggested what regulation should be. as we understand it, he does not believe facebook should be making the decisions about what stays up and what comes down and would like the government to take a more active role. the president talks about executive orders. he has been closed with mark zuckerberg in the past. they have been together. you wonder what kind of relationship they have. and then these executive orders -- what does he mean? what could he possibly do? emily: we are actually watching the hearing get underway. the chair of the subcommittee is giving his opening arguments now. you are correct that policies ceos have met with president trump. tim cook seems to have cultivated the most congenial relationship with him. yes, dark zuckerberg has met with the president a couple of times. .- mark zuckerberg we h