amazon, 30% for google. we're also hearing concerns about use of consumers' personal information. that would be privacy. of course, privacy legislation has somehow if i lewded us, mostly -- eluded us, but that's the other piece of this puzzle in addition to the work that needs to be done on antitrust. americans are counting on us to protect innovation and competition, to go over the stats. 94 million people in the u.s. own at least one connected speaker which they can use the play music, ask about the weather, tell their kids to come down for dinner. in the years to come, connected devices in our home will become even more sophisticated. these devices work with each other through technology interfaces, often digital voice assistants like alexa. i want to highlight a few key concerns that we will explore at the hearing today. first, many consumers use their connected speakers to operate other connected devices like asking the digital assistant to lower the thermostat. they should get the very best available w

i remember when google came out, i was a writer, and a very early user of google. i loved google. it was better than anything else. and that was a long time ago. as google has become more powerful, as facebook has become more powerful, as amazon has become all powerful, they use their power to crush the upstarts, the innovators, to force all of us in society to walk down certain technological pathways and not to go down better pathways. so there are better futures for us as a people that we can't add to, because monopolists stand in our way, because google and facebook and amazon stand in our way. and i will point something out for jennifer, you were talking about the browser wars. let's remember what happened when it came to the browser wars, which was the last , great, tech antitrust lawsuit, which was against microsoft because of its manipulation of the browser market in the late 1990's. and it was that lawsuit that created the opportunity for google and facebook and amazon to get where they are today. antitrust equals innovation. that is a fact. is provable. we have seen it ti

i remember when google came out in the late 1990s. i was a very early adopter as a writer as a journalist, at very early user of google. i loved google. it was so much better than anything else but that was a long time ago. as google has become more powerful, and facebook has become more powerful and amazon has become all-powerful in each of their certain areas, they use their power to crush the upstart, to crush the innovators, to force all of us in society to walk and certain technological pathways and not to go down better pathways. so there's all these better futures out there for us as a people that we can't get to because monopolists stand in our way, because google and facebook and amazon stand in our way. one other area where i will just point to jennifer is it support a member you are talking about the browser wars, let's remember what happened when he came to browser wars which was the last great tech antitrust lawsuit, which was against microsoft because of its manipulation of the browser market, back in the late 1990s. it

early user of google, i looked at google.much better than anything else and that was a long time ago. as google has become more powerful facebook has become more powerful and amazon has become all powerful each of their certain areas, they use their power to crush the upstart and innovators. to force all of us in society to walk on certain technological pathways and not go down better paths so there is all this better future up there for us as people that we can't get to because monopolists stand in our way because google and facebook and amazon stand in our way. one other area i'll say is important to remember you're talking about the browser award, let's remember happened with the browser award, the last great tech antitrust lawsuit, which was against microsoft because of its manipulation of the browser market back in the late 1990s, it was that case, that lawsuit that created the opportunity for google and facebook and amazon to get where they are today. antitrust equals innovation. that is just a fact, it's provable, we'v

what exactly is google doing? yes, so essentially what the french authority is saying is that google has kind of these internal ad practices and software that they use with algorithms. and they did. those algorithms really are gearing business towards their own properties and away from competitors. so for instance, they say this, there's something called the d f p advertising server that google use it, they say it allows publishers of sites an application to sell their own advertising space. but the problem is, is that the way google has it set up is that they actually refer more business to their own advertising space, as opposed to those competitors, even though competitors are utilizing google services. so essentially, the way it's set up is that google is favoring itself, which should not come as a surprise to anyone because google and facebook and amazon are constantly brand in trouble for the fact that this is what they do in europe in the united states, across asia, every place where they exist, they have b

find in this particular case, $9000000000.00 against google. that's very good. return on vesman for the e. u. anti trust division. so it's profitable and it's politically popular. europeans do not have comparable players in these markets that can rival these companies. and so the degree to which they are being punished reflects to some extent the, the fact that they are non european entities. i think the 3rd reason is that there is no doubt that in europe there are stronger privacy concerns among the public than seem to be prevalent in the united states. so once again, that bears upon the popularity of going off are these companies that are in the business of collecting and leveraging consumer data. and been interesting, you actually reference that france recently leverage record fine against google over this program. but, you know, it seemed, in most cases, these 5 don't actually do much amounting to maybe a couple $100000000.00, which is a lot of money. don't get me wrong or even just a few 1000000000. but these companies set aside billions o

google is the largest seller of advertising on the internet. the problem, according to these, to you regulators, by the way, france just find google a huge amount of record amount over the same issue is the fact that what they'll do is they'll specifically take the information that they're supposed to be giving to 3rd parties. and to merchants and to advertisers who are coming to their, their systems. and what the, instead they're doing is they're giving a certain column of information to one group of users. and then they're holding back certain bits of information for their own services and their own products, basically creating an unlevel playing field. it's the same thing that we have heard about amazon. in fact, just today, i believe germany default. and if i trust kelly case against apple in an app store for doing the same thing, you're setting up a different set of rules for everyone else compared to the businesses that you own and operate, and k quote. it seems like, obviously most of these companies that issue like banjo mentioned, amaz

google and amazon manipulate you.hey take you to do certain things and they take you away from others. they try to get you to buy certain things and they try to you to -- they try to get you to listen the curtains of recordings and read certain books. we don't want to be manipulated. as human beings, we want to be able to be fully in charge of all aspects of our lives, and simple traditional rules that we have applied to every single network monopoly and our history, we applied this to google and facebook and amazon, and we can make them absolutely safe for all of us while continuing to enjoy all the benefits of these technologies. jennifer: if i may jump in here, often times when we are debating tech companies, we really have this question of what the market is, and a lot of the debates around antitrust and tech companies really boil down to this, because people like to say things like google is a monopoly in research, but even as the example just showed, a lot of searches now star on amazon and we also have competit

>> google is an actual monopoly. there is nothing wrong with it. emily: google is a monopoly? has 90% market share. the thing i worry about the most is not the ability to create a quality product but to get visibility in front of potential customers like you. the probe is focused on what are the practices that prevent competition? none of us are against size as a principal but when that is used to prevent competition, we have more of an issue with that. those are the things that we need to make sure -- >> how do larry and sergey feel about their new competitor? >> i have not talked to them about it. i have lots of friends at google. others understand why it is hard to create things like this. i would say the vast majority of people agree with the need for a product like this. -- like neeva. emily: how aggressive do you think the government should be in trying to rein in the dominance of big tech and google in particular? >> the fact of the matter is that for the last 50 years, antitrust action has been -- the government has been asleep at the wheel. we have had this infatuatio

what exactly is google doing? yes, so essentially what the french authority is saying is that google has kind of these internal ad.

emily: as someone inside and outside google, do you think google is anticompetitive?let's take it for granted that google is an actual monopoly. there is nothing wrong with it. emily: google is a monopoly? michael: google has 90% market share. by definition it is a monopoly. we all know that. when it comes to practices that preserve it -- the thing i worry about the most is not the ability to create a quality product but to get visibility in front of potential customers like you. the doj probe is focused on what are the practices that prevent competition? none of us are against size as a principle but when that is used to prevent competition, we have more of an issue with that. those are the things that we need to make sure all competitors can establish themselves. >> how do larry and sergey feel about their new competitor? sridhar: i have not talked to them about it. i have lots of friends at google. some folks say we should have done this, and others understand why it is hard to create things like this. and you need a clean break. a vast majority of people agree wit

i mean, google as a company does $11810000000.00 a year. right? so the amount of money that they're doing is just absolutely just, just staggering, but i want to give you a couple of examples of i said 1.8. 1 is a $181000000000.00 a year. not 181810000000 dollars a year is what they do. but in think about this in france alone in the country of france where this whole thing has come up, right? $270000000.00 fine. google is actually been fighting with french authorities about paying taxes there in 2019 they agreed to go ahead and settle what tax liability liability they had for $500000000.00. and they paid a separate fine of $500000000.00, but they owed about $1700000000.00 in back taxes in france that they settle for. so a $260000000.00 fine for anti competitive practices does nothing to change their behavior. and been quickly before we go now, google has actually announced that in light of this, they're going to change some of their ad business behavior. quickly about 30 seconds. what are they changing? they said that they're going to be more tran

google 220000000 euro to put that in context. the company's operating income last year was $49000000000.00. i don't imagine that's going to leave the biggest impression doll aspect is it? it's symbolic. of course, there is nothing for google which by the way said they did, they didn't do anything specific and they are accepting the defined apparently so far. so this is quite symbolic, i think it is nonetheless victory because many countries around the world want google to and many of these big tech companies coming out from the us to be fair. a lot of these companies are avoiding in taxes. now we found out that they're cheating their, their, their favor raising their own. busy applications so they're not opening. busy they're supposed to be representing the free markets and all that, but they're not doing that in the different countries. they're not open to competition. and so it's quite good that at least one major country like trying to practically not as hard as it should have, but it's a bit google and it's while it's saying

at the time the ceo of google said that google encourages discussions of policies but they fired him now google has fired another person who is based in switzerland. he wrote a memo criticizing google's equity program that amounts to racism. he pointed out that google employees were circulaing an anti-racist starter pack that said white people have no culture and another article defendered looting. that man joins us tonight. thanks for coming on. what did you say in your memo? summarize it for us. >> sure. in my memo i put in different things i encountered at my time with google. things i didn't think were right. and were damaging even for racial relations. google was undermining things it was supposed to improve. i wrote it because we were having conversations about this topic with other employees. and also my manager he was aware of me having some concerns. he was asking me about the concerns. i did what people usually do at google. you want to discuss something with someone you write a document and discuss what is in there. my manager told me to remove the document. i was told it

you can buy those things, you can also buy third-party accessories for google devices and google swagh as caps and t-shirt and dog toys and things of that nature. if you have google products already and they need to be serviced, you can bring them into the store and google will try to fix her devices same day, as well as exposing customers to a bunch of other technology and certain rooms that have various experiences. emily: will it compare to the apple store experience? nico: apple has a network and this is going to be a niche efforts, even though it is in the middle of new york city. i think it is going to be interesting for google fans and people who might have an open mind to it. emily: ok, the beginning of something for sure. always good to have you. thank you so much for that update. coming up, more from the meeting of the presidents, sitting down in geneva as hackers and russia have ratcheted up attacks on u.s. targets. will they ever and? that is next. this is bloomberg. ♪ so... i know you and george were struggling with the possibility of having to move. how's that going? wel

what exactly is google doing? yes, so essentially what the french authority is saying is that google has kind of these internal ad practices and software that they use with algorithms. and they did. those algorithms really are gearing business towards their own properties and away from competitors. so for instance, they say this, there's something called the d f p advertising server that google use it, they say it allows publishers of sites an application to sell their own advertising space. but the problem is, is that the way google has it set up is that they actually refer more business to their own advertising space, as opposed to those competitors, even though those competitors are utilizing google services. so essentially, the way it's set up is that google is favoring itself, which should not come as a surprise to anyone because google and facebook and amazon are constantly brand in trouble for the fact that this is what they do in europe in the united states across asia every place where they exist, they ha

but, as that idea starts to work at jeff is sucked into google, in short order, google starts to work with the defense department. there are protests at the company. some people who believe this is absolutely the right thing for google to do. there are others that are really upset by it. i did not expect to be working for a defense contractor. a moment where jeff himself struggles with this. he was against it, but he was not sure how much he should speak out. he ended up lobbying one of the founders to push back on this. he was not as public with his concerns as some others. there was a moment where there was an employee who criticizes him for that. again, you feel the humanity of the situation. relating on some level to having our own beliefs on one hand and having the motivations of our company who we work for. how do you balance those? it is a hard thing. >> i want to go back to the topic of the military. a long history. can you talk a little bit about that? it goes way back to the inception. >> it really does. i think that this is important for silicon valley to remember. we are a

we can't let google to do our thinking for us.t as well accept her chinese communist overlord and get a head start on our credit score. >> tucker: it was so nicely put and deep. i think, completely true. i think the leadership of the republican party waits around to be called racist and thinks of ways to -- juneteenth, maybe they will stop criticizing us? why not use this issue on which you are right, you have the facts on your side, and be more weight on your side to put the other side on the defensive? why are we classifying these documents? >> as we pointed out, we have a special committee to investigate coronavirus, the response to it, and yet the committee has refused to investigate the origin of the disease itself, which is absolutely absurd. if you have two -- declassifying intelligence is a start to a much broader process of initiating selective financial and technological decoupling from china. it's time to choose which team are you on. are you on team america or with the communists right now? >> tucker: i think you are e

you can also buy third-party accessories for google devices and google swag such as caps and t-shirtsog toys, things of that nature. and if you have google products already and they need to be serviced, you can bring them to the store and google will try to fix your devices same-day, as well as exposing customers to a whole bunch of other technology in certain rooms that have various experiences. emily: will it compare to the apple store experience? you have 30 seconds? nico: well, apple has a network, and this is just going to be a niche effort, even though it is in the middle of new york city. i think it is going to be very interesting for google fans and buyers and people who may have an open mind to it. emily: ok. the beginning of something, for sure. bloomberg's nico grant, always good to have you. thank you so much for that update. coming up more from the meeting , of the presidents, biting and poutine -- biden and putin meeting up in russia as hackers in russia have ratcheted up attacks on u.s. targets. will they ever end? that is next. this is bloomberg. ♪ look...if your wirel

in your mouth and i wanted to yield the floor to you and go inside from here also from kent from google and hopefully you are also inspired and can appreciate the intention behind and mayor breed, welcome. thank you so much for being here. amazing. thank you so much for sharing. >> i just want to say i caught the end of her remarks about this opportunity and what it's done to open doors and that filled my heart with a lot of joy. and all the opportunities in the first place as i grew up in san francisco where nigh grandmother raised me. i really had to do everything i could to try and generate revenue for myself and my family ever since he was 12 and taking someone's groceries to the car to get a dollar or babysitting and doing whatever it took. i was lucky when i turned 14 because the program from the mayor's youth and employment training program, when you turn 14, you can get a work permit and work for the summer. i got that lucky slot working for the summer. i remember going to booker t. washington community center and going through orientation and thought, man, i'm going to make mon

they can decide what, we don't want certain kinds of -- for example, when i worked at google and google acquired youtube youtube decided early on that wasn't going to allow adult pornography which is perfectly legal because it reasoned that if you allowed adult pornography than your site quickly become swamped by pornography. they weren't censoring pornography and they made the decision they did not want to be a pornography site and there are plenty of places to find that. i think sites have their own freedom to decide what kind of site they want to be. >> adam, we have regulatory threats from the white house, from the agencies and from congress. what are you paying attention to the most and where do you see the most likely action to come out of those three areas? >> guest: well, i think in terms of -- there is litigation pending from the agencies on antitrust front and i thank you see some actions, some debate in congress around antitrust laws, section 230 in speech and there is a big debate around workforce and some of that may happen at the agency level as well and that relates to th

google apps that are denied permission by the user can still obtain location information from google apps and products that have been granted permission. according to the documents, google routinely tracks the whereabouts of its users even after they've turned off location tracking. the firm has also apparently pressured smartphone makers, including l. g to hide the location settings, and it can obtain users location via why fi and 3rd party apps not even affiliated with google itself. now the documents are part of a lawsuit filed by the iris own attorney general office and is based on evidence given by google employees. in fact, the company though, has publicly rejected the claims arizona attorney general, mark brewer know that, and our competitors driving the law suits have gone out of the way to miss characterize our services. we have always built privacy features into our products and provided robust controls for location data. we look forward to setting the record straight. no, i let's not a little bit more life now to build new purposely activation technology x by joining your

the google was found to have abused market power for its own line ad business. the decision to sanction google is of particular significance because it's the 1st decision in the world focusing on the complex. oh, grief make auction processors which are the online ed businesses relies, the french competition. regulators said that google, it uses position as a tillman and internet advertising company in the world, to heard, new, publishes, and others who sold internet ads. you see, to give it to prisoners preferential treatment. and thereby, and the cut the competition through having to mitigate that. it did anything wrong, but it did say this in a blog post. we will test and develop these changes in the coming months before rolling them out more widely, including some on the global scale. it's a 1st con, google have found itself having to come up large sums of money to settle cases just like this. in 2019, it was fine, 150000000 years of being found to abuse its dominant such position by setting what was said to be paid can difficult understand operating room for

again, google is an advertising company.e products this is really just a showcase to show what they can do there's like this ai demo that you can go into that will translate things you say in real-time, which is pretty cool, but other than that, like are people going to actually come in here instead of the apple store? i don't know pixel phones are not very popular. in this country, we are a samsung and apple country, so i really would be shocked if this moves the needle for google's hardware business. >> we also should note google's office in that building. maybe they got a good commercial real estate deal given what has been happening over the past year plus. but part of google's model, right, is to get into devices, to drive data that drives advertising. so in a way the store represents what google is in the same way that the apple store perhaps represents what apple is >> reporter: yeah, that's exactly right. it is all about getting a foothold android is the largest operating system by a mile, way bigger than ios, of cou

google apps that are denied permission by the user can still obtain location information from google apps and products that had been granted permission. according to the documents google routinely tracks that were about so it's usually even after they've turned off location tracking. the firm is also apparently pressured smartphone makers, including l. g to hide their location settings, and it can obtain users whereabouts by a why fi 3rd party apps not affiliated with google itself? well, the documents are part of a lawsuit filed by the resume, the attorney general office on this, based on evidence given by google employees. the company has publicly rejected the current arizona attorney general mark burne know that she's our competitors robbing the law. suits have gone out of the way to miss characterize our services. we have always built privacy features into our products and provided robust controls for location data. we look forward to setting the record straight. well, we asked technology expert building us simple one, why google care is so much about where you are. google is abl

google, in fact, has accepted the fight on agreed to make changes to its odd ex platform. we are committed to working proactively with regulators everywhere to make improvements to our products. we have agreed on the set of commitments to make it easier for publishers to make use of data and use our tools with other technologists. lowercase comes a week after france along with germany and the netherlands called for much tougher measures to rein in the power of big tech. the 3 countries said you rules as they stand are feeling to prevent corporate. john's come pleating, anti competitive mergers, and that's includes the purchase of startups that could pose a challenge to the likes of amazon, facebook and apple. earlier i spoke to political analyst nichol markovich who believes the fight against google. it's an important step to what you're claiming, some of the power from tech giants. his practically nothing for google, which by the way he said they did, they didn't do anything specific and they are accepting that the find apparently so far. so this is quite symbolic. i thin

former top google exec launches an anti-google search engine today.morgan stanley says forget big tech six favorite stocks that are cheaper than faang but have bite read the full story by subscribing to cnbc pro. find out which names you're missing out on "techcheck" back in two. - [narrator] at southern new hampshire university, we're committed to making college more accessible by making it more affordable, that's why we're keeping our tuition the same through the year 2021. - i knew snhu was the place for me when i saw how affordable it was. i ran to my husband with my computer and i said, "look, we can do this." - [narrator] take advantage of some of the lowest online tuition rates in the nation. find your degree at snhu.edu. >>> welcome back our next guest was once top executive at google and now said free ad supported products can be bad for consumers and the country because of their inability to stay true to what users want out of their products gone on to launch neva, a search engine with a model that couldn't be more different from google join

google that's been bracing for a global tax hike for some time. so they strongly supported the work being done to update international tax rules. and in hopes countries continue to work together to ensure a balance endurable agreement will be finalized soon. well, facebook said it wanted the international tax reform process to succeed, while recognizing it could mean paying more tax in different places. the big challenge now comes, we're getting enough economies on board to make the plan work, including countries such as island, where low corporate tax rates have entice several big businesses, including google to build a european headquarters there was good for the g. 7 may not satisfy all talks, will continue at the g 20 summit. later this year. the broker, i'll just sarah london. let's look at why tech firms such as amazon, google, and facebook have been accused of dodging taxes while all have the headquarters in the united states. amazon report to the profit of $20000000000.00 in america last year. it paid 9 percent of that in taxes. well below

google has accepted the fine and agreed to make changes to its addicts platform. we are committed to working proactively with regulators everywhere to make improvements to our products. we have agreed on the set of commitments to make it easier for publishers to make use of data and use our tools with other ad technologists. the case comes a week after france, along with germany of the netherlands called for much tougher measures to reign in the influence of big tech. the 3 countries said e rules as they stand are failing to prevent corporate giants completing anti competitive mergers that includes the purchase of startups that could pose a challenge to the likes of amazon. facebook and apple. political analyst nicholas medical, which told us that the fine against google is an important step towards reclaiming some power from tech jives. it's nothing for google, which by the way said they did, they didn't, they didn't do anything specific and they are accepting, they're defined apparently. so far, so this is quite symbolic. i think it is nonetheless victory becaus

have issued a landmark ruling against google accusing the u. s. tech giant of gaining an unfair advantage over its rivals in online advertising. the french competition authority has find google 220000000 euros for abusing its dominant position by favoring its own services. in the online advertising sector. differentiate case focuses on 2 departments of google, which sell and auction advertising space, ad manager and ad x are supposed to operate independently and allowing competition from other advertisers. but they were apparently exchanging data in a way that violated anti trust law. google has accepted the fine and agreed to make changes to its ad x platform. we are committed to working proactively with regulators everywhere to make improvements to our products. we have agreed on the set of commitments to make it easier for publishers to make use of data and use our tools with other technologists. the case comes a week after france along with germany, and another one's called for much tougher measures to rein indian influence of big check. th

google doesn't.argue when you agreed to the terms and conditions you are agreeing to sharing all this information. i believe we all have dignity as human beings. if going the wants to collect this information and it's and manipulate with you, they should tell you that's what they are doing. judge jeanine: it's easy to opt out. >> it's not. it's almost impossible. we know that even -- this is part of our lawsuit. even when people have opted out of location services, google is still tracking. if you have app and an even andd phone, you may think you are opening out. it takes a university education and 45 minutes just to read the terms and conditions. they are making misrepresentations to consumers. judge jeanine: everybody feels if they do it, i do it. it's the advent of big tech controlling our lives. attorney general mark brnovich, thank you so much for being with us. why is dr. fauci held on such a why is dr. fauci held on such a high pedestal by celebrities ♪♪ ♪love me tender, love me sweet♪ ♪never