one web and also google space x. and amazon plan to offer their internet services everywhere on earth in the process of getting 4000000000 people on line. london based one where president fishel license from the country's airspace also rhetoric and sees itself on a mission to bridge the digital divide. the company's current and potential future clean on tell includes banks and lines shipping companies industry disaster relief agencies and the military. and consumers will initially be able to book the service fire local telecom providers and it's already seen in the mobile phone sector the price will be lower in africa than in germany for example. mike lynsay previously worked in systems engineering for nasa and is part of the design team for the one websites like constellation the company was the 1st among the competing consorts here to receive approval from the international telecommunications union a united nations agency. and that license is absolutely mandatory for providing the service the one word system uses r

one web and also google space x. and amazon plan to offer their internet services everywhere in the process of getting 4000000000 people online. london based one web has an official license from the country's aerospace authority and sees itself on a mission to bridge the digital divide. the company's current and potential future cleone tell includes banks and lines shipping companies industry disaster relief agencies and the military. and consumers will initially be able to book the service fire local telecom providers and as already seen in the mobile phone sector the price will be lower in africa than in germany for example. my kids a previously worked in systems engineering for nasa and is part of the design team for the one web satellite constellation the company was the 1st among the competing consorted to receive approval from the international telecommunications union a united nations agency. and that license is absolutely mandatory for providing the service the one word system uses radio frequency spectrum in

one web and also google space x. and amazon plan to offer their internet services everywhere on earth in the process getting 4000000000 people on line. london based one web has an official license from the country's airspace or storage and sees itself on a mission to bridge the digital divide. the company's current and potential future play on tile includes banks and lines shipping companies industry disaster relief agencies and the military. and consumers will initially be able to book the service fire local telecom providers and as already seen in the mobile phone sector the price will be lower in africa than in germany for example. mike lin's a previously worked in systems engineering for nasa and is part of the design team for the one web satellite constellation the company was the 1st among the competing consorts here to receive approval from the international telecommunications union a united nations agency. and that license is absolutely mandatory for providing the service the one word system uses radio freque

one web and also google space x. and amazon plan to offer their internet services everywhere in the process of getting 4000000000 people online. london based one web person official license from the country's airspace or serenity and sees itself on a mission to bridge the digital divide. the company's current and potential future clientele includes banks and lines shipping companies industry disaster relief agencies and the military. and consumers will initially be able to book the service by a local telecom providers and is already seen in the mobile phone sector the price will be lower in africa than in germany for example. mike lin's a previously worked in systems engineering for nasa and is part of the design team for the one web satellite constellation the company was the 1st among the competing consorts here to receive approval from the international telecommunications union a united nations agency. and that license is absolutely mandatory for providing the service the one word system uses radio frequency spect

one web and its rival google space x. a commonly neck and neck in this new space race with amazon lagging some distance behind with a high speed internet from low earth orbit will actually be commercially available by the end of 2021 is still hard to say. south korea has the fastest mobile internet on the planet and practically everyone here has high speed connectivity via to rest real all mobile networks. and it's here that now spain's interior colleagues are working towards a future where every person on earth could have fast internet via satellite provided that governments allow it. to leverage from my shoes really become a shoe. in meat balls only just. the beginning of the end to animal based products. which alternatives work and which ones pay all the. new ideas from the global market made in germany. 30 minutes on d w. it's their obsession for spectacular pictures. it's their passion for nature. instead of complete devotion that makes them the best wildlife photographers in the world. this amazing. and classic. confrontational. and sturdy. 5 adventurers. one goal of. the preservati

called low earth orbit companies planning to install satellite constellations include one web google space x. and amazon's blue we're a gent. the closer a satellite is to earth the smaller the terrestrial surface it can reach which is why it would take hundreds if not thousands of smaller satellites to cover the entire planet and that's a problem alone in terms of sheer production capacity. the consortium led by one where also includes virgin galactic air bus defense and space and tech giant softbank together they've pulled close to 3 and a half $1000000000.00 to make the dream of global internet access a reality. this provided specific expertise to enable the mass production of satellites. that was a big challenge in fact as you know we are really. experimental. let's say a. big satellite projection but for mass production it was a challenge to provide a satellite. a few days compared to here where we have like here in tunis integration takes around 9 months and. 3 days which was a really crazy fall for the market and so today we give up to let. him know what the way. i see it is as if he

one web and its rival google space x. a commonly neck and neck in this new space race with amazon lagging some distance behind with the high speed internet from low earth orbit will actually be commercially available by the end of 2021 is still hard to say. south korea has the fastest mobile internet on the planet and practically everyone here has high speed connectivity via to rest real all mobile networks. and it's here that now things in his colleagues are working towards a future where every person on earth could have fast internet via satellite provided that governments allow it. he has always been his thing nico rosberg is a formula one world champion. but in a good germany finish superstar is entering a new range as an eco investor can't keep driving the future of the melody with his green tech past a bomb. threat. 30 minutes on deductions. what keeps us in shape what makes us tick and how the mistake on. my name is dr carlson because i talked to many comics let's. watch them at work. and then discuss what you can do to improve your head. stay tuned and let's all try to stay neutra

called low earth orbit companies planning to install satellite constellations include one web google space x. and amazon's blue worry. the closer a satellite is to earth the smaller the terrestrial surface it can reach which is why it would take hundreds if not thousands of smaller satellites to cover the entire planet and that's a problem alone in terms of sheer production capacity. the consortium led by one web also includes virgin galactic air bus defense and space and tech giant softbank together they've pulled close to 3 and a half $1000000000.00 to make the dream of global internet access a reality. has provided specific expertise to enable the mass production of satellites. so it was a big challenge in fact as you know we are really. experimental. let's say a. big satellite projection but for mass production it was a challenge to provide a satellite. a few days compared to here where we have like here in tunis integration takes around 9 months and. 3 days which was a really crazy fall for the markets and so today we've got to let. him know what the way. i see it is as if he is curre

the one web consortium is currently ahead of rivals google space x. and amazon and by the end of 2021 it hopes to have a constellation numbering $650.00 satellites going to either way the earth's orbit is set to get a lot of traffic in the near future how will the engineers ensure that there are no collisions so something we're doing one where is is actually enhancing our safety by separating each plane in the cost solution so there are multiple planes of multiple satellites each and if there are the same altitude you have the sort of crossing point or salaries are zipping past each other at very high velocities so what we do is we separate those crossing points so the salaries are actually not zipping past one another when that means us we're actually in some regards we only have to manage a single plane at a time and you can apply that same principle to other cost solutions so we are maintaining. many kilometers of separation between space x. space x. is separate from. the amazon constellation and that's a very important safety detail to make sure t

democratic chairman stated today's antitrust law suit against google is to ensure a competitive online space. republicans agree. >> google's control over news, information, social communications are just unrivaled. >> reporter: 11 states have joined the lawsuit and filed here at the dc district court in it could drag on for years. >>> on wall street today traders didn't seem to be too concerned about that antitrust lawsuit. tech stocks moved higher including google. dow was up 113point, the nasdaq game 37 points and s&p was up 16 points. some companies have strong earnings including proctor and gamble, and albertson's. >>> still ahead tonight, more californians in fire prone areas are losing their insurance. we want details on the second best option and why it may not be worth it. >>> people in the north bay area on high alert once again. the dangerous conditions that some fear could spark another wildfire. >>> bay area weather, we are tracking multiple red flag fire warnings this week. the strongest winds of the season, showing up on the 5-day forecast. we will have that coming up in just a

competitor to microsoft office which includes things like g-mail and google meet will now be known as google work spacerner brothers is shuffling its film lineup as the movie industry continues to face headwinds. batman has been postponed to 2022 >>> and southwest airline ceo calling on union workers to agree to pay cuts in a bid to avoid furloughs and layoffs. with anning that the company would reverse potential pay cuts if fell aidderal aid comes thro. >>> welcome back piper sandler releasing its 40th semiannual taking stock with teens survey speaking with nearly 10,000 generation ze erers, honing into the brands, the trends, the company most near and dear to their young hearts but with hybrid schooling and social distancing, teen self reported spending is hitting an all-time survey low, $2150, down 9% from this time last year. and joining us now is author of the report, erin murphy. we have to stop meeting like this, we've been doing this all year and we talked all about the millennials for years. but they are has beens, right? it is about the generation zers now. what are the new trends that you ha

. >>> i'm sharon katsuda where google is building more office space.e watching "today in the bay." oscar the grouch here to tell you, yeah, you, to wear a mask out in public around other people. sure it'll keep you healthy. but more importantly, i won't have to see your happy smiling face. ugh. and if you don't want to wear a mask, i've just got one thing to tell you. scram, go away. ugh. caring for each other because we are all in this together. so wear a mask and have a rotten day, will ya? ugh. >>> right now at 6:30, breaking news. debate drama and the changes just made to the next presidential debate. this coming after president trump tested positive for covid-19. what he just told fox news about taking part in round two. as "today in the bay" continues right now. >>> good morning to you and thanks for joining us on this thursday. i'm kris sanchez in for marcus washington. >> and i'm laura garcia. we'll check that morning commute with mike in just a little bit. let's talk about these cooling temperatures, kari. >> this is going to be so nice to hav

. >> i'm sharon katsuda where google plans to build thousands of housing units and more office space s area. google and the city are working on this massive project described as a city within a city. there will be community hearings and a vote on the project next year. google says the site will include 25% of that affordable housing and this comes at a time when home prices are still high in the bay area while rent prices continue to go up. >>> good morng, everyone. i'm scott mcgrew. 840,000 americans file for first-time jobless claims last week and the sixth straight week in about the 800,000 range. during nonpandemic times, that number is usually closer to 200,000. >>> let's get a check of the forecast right now with meteorologist kari hall. little cooler start. >> yeah, it's going to be a nice, cool day with our high temperatures only reaching into the 70s this afternoon. actually, a little bit cooler than normal, thanks to more clouds moving in and some rain that is closer by, but mostly staying off the coast. we're hoping to see some rain chances in the forecast. it does not look

google app machine. >> okay, you entered into the analytic space, i think it is a great way to start your next decade >congratulations >> the testimonials on your website are incredible it is everyone that i revere out there so people know how great cloudflare is. >> talk to me about the analytics. >> the analytics space have been dominated by google analytics. s the proposition for them is how can we build a system that gives advertisers the ability to target advertisements online that's great on the other hand you are trying to figure out how people are using your data. there is increasingly a concern about privacy. what we realize is we had the resources to be able to offer a rich and robust privacy first analytic service and the business case for this is while we are providing this, they can learn how great our products are and adopt the rest of them so we think this will be a great user acquisition flow for other products >> let's see if i want privacy and i want surety then i am starting to think about what the president is doing on a daily basis, the election, is it possible to keep the election

googles, they continue to do well. we have got continued confidence in the mega cap space, but it does not mean that they are completelylletproof. about this latest move from u.s. regulators to try and rain and what they describe as monolithic practices by google? is this an inflection point, perhaps, and a bit of a reminder that what we saw with ibm and microsoft decades prior could play out here? seema: well, i think this has largely been anticipated by markets. we have known for a few weeks there was going to be some kind of antitrust move against google within the coming weeks, so i think that is not new. the thing i think that has taken markets by surprise as it seems like congress and generally various administrations are upping the ante against big tech. as i said, the big tex sector is sector is noth bulletproof, regulation, taxation, all the things congress can use against them, but we are measuring this in terms of years, not months. i think the future is still solid for mega cap tech. yousef: there is a fascinating column written this morning on the bloomberg that is titled "everything is too expensive and n

also revealing how 700,000,000 ft.b2 of office space and high- rises could tower above existing. google has agreed to affordable housing. has will face final approval next spring. >> they are building this so that it fits into san jose. >> i don't like necessarily more traffic than i do like the critical mass that it will bring to downtown. >> talks continue over the coronavirus stimulus deal and a final running to become the new leader of the wto. naomi has those stories and more in today's money watch report. >>> wall street moved higher on thursday. the dow jones added 122 points. the nasdaq gained 56. the s&p 500 rose 27. investors remain optimistic that the coronavirus stimulus deal can get done between the white house and democrats. nancy pelosi says she is not interested in doing piecemeal bills that focus on one single aspect of the recovery. she and steven mnuchin spoke yesterday to discuss the possibilities for a more comprehensive bill. the wto will be led by a woman for the first time in its 25 year history. south korea's trade minister and harvard trained finance minister b

plans also reveal how 7,000,000 ft.b2 of office space and high- rises could tower above existing neighborhoods. google has agreed to work with the city to build affordable housing here. the plans will face final approval next spring. >>> they are not building a walled off spaceship that turns its back to the community, they are building it so that it fits into san jose. >> i don't like necessarily more traffic but i do like the critical mass that it will bring to downtown. >>> some comedians are coming together to try to save a bay area bowling alley, one joke at a time. before the pandemic the clean valley bowl used to host comedy nights every wednesday night. now, a group of local comedians are stepping up to save the business. they hosted their first zoom fundraiser last night. >> seven comments, about 30 people in attendance, 30 people in the zoom. it was not a lot, we were not on the news 10. but we are on the news now. >>> as you are. another fundraiser scheduled for next week. the goal, to raise $150,000 to stay in business. >>> still ahead, the earliest bear voted this year's winner of fat our

think anyone would argue there aren't competitors but google aren't competitors but google are so dominant in that spaceis is a very competitive market. years ago they said yahoo was a monopoly and could anybody catch up with them such anybody catch up with them such a mark google did, but they are co nsta ntly a mark google did, but they are constantly improving and changing their project so they can stay competitive. if you are looking to search for books and things you want to buy, that search platform might be amazon or ebay, or even walmart. it depends on what you are searching for and you have to keep those markets competitive. but these are free services that the american people and people all over the world but use them love the services. they have 80 to 90% approval and congress and government is down at about 18%, the products that got us through covid and allowed us to do work and line up and do things like this. but don't you wa nt to things like this. but don't you want to see more competition, an environment that fosters and makes it easier for competitors to come through? when i was in co

. >> google plans to build an 80 acre combination of commercial and residential development near the station in san jose including 7 million square feet of new office spacergues google should move forward. because the uncertainty is isn't going to be around forever. and people will eventually come back to the office. >> many of the companies are saying that productivity has been down. that their employees miss being together. >> the project will include parks, restaurants a hotel and perhaps most importantly thousands of acres of affordable housing. she says the companies plan to build almost 6,000 units of new housing is a step in the right direction. >> there will be a lot of homes and retail. and everything looks like a small village where you can limit trips in cars and get people to work quickly and efficiently. >> housing trust of silicon valley has been working with google for a year to on building affordable housing. they lent the organization money at a low interest rate to get it moving. >> i think the folks at google are really digging in to this work. and really enjoying being part of creating affordable homes for those experiencing homelessn

google's proposed development. >> they want to transfor 80 acres into housing and office space. it's call the downtown west project. google said it's listening to those concerns. >>> if you are preparing to head out we have you covered with traffic. >> we start off with the live look at the bay bridge toll plaza. again no official confirmation if they flipped the meters lights on but we are seeing brake lights. a few slow and go spots. especially off of the bay ridge bridge into san francisco. expect a few slow and go conditions as you make that drive out of the east bay in to the city and if you are going into san francisco we have a fog advisory in effect for the golden gate bring. limited visibility will be an issue. take it slow across the span and slow conditions continue along the pass. this is the slowest spot. westbound 580 off 205. have you a lot of slow and go companies. it extends over toward greenville and then have you a few brake lights. checking the drive times. officially in the red zone. had 4 minutes to travel it 2á 05 toward 680. the good news is there's still

justice department moved to block google's dominance in searching and advertising online and space touched down the masses plans for an ambitious landing on an asteroid more than 320000000 kilometers from mars. there are reports of gunshots in africa's most populous city lagos says authorities tried to break up protests people were rallying in defiance of a 24 hour curfew that came into effect just hours earlier the restrictions were implemented after anti police for taliban protests turned violent with anti-violence squads the ploy to nationwide well about $20000000.00 people across the commercial hub of lagos and the surrounding areas will be subject to the curfew only essential workers will be allowed to leave their homes the state over a key tea has also moved into 24 hour curfew the protests followed the release of a video on social media on october 3rd of a. nice officer from the now the span that special anti robbery squad or sars shooting a young man on the stand her national says at least 15 people have died including 2 police officers since the protests began a common interest re

google hopes to transform 80 acres near the station into housing and office space. the downtown west project. >> the downtown strategy is important because it provides the capacity for new jobs and housing, based on the general plan distribution of land uses. >> critics say google needs to address the affordable housing crisis, google says it is listening to those concerns. >>> still ahead, the u.s. postal service under the microscope and tonight, we test whether you can be confident your ballot will arrive on time. >>> this is a really big year, and it's really important to get your vote out there. >> new video showing the moment a magnitude 7.5 quake rattled alaska. >>> the film industry makes a star-studded return to the bay area. the new marvel movie taking over the streets. >>> a reminder, kpix 5 news has a new app that gives you 24/7 access to cbsn bay >>> we just are 45 minutes away from the voter registration deadline. if you're not registered by midnight, you can still head to a polling station between now and election day to request a conditional ballot or

you know, this project would bring a lot more office space to this area for google but also because so many people are working from home. it would provide six times more than housing than the original plan before the pandemic. google and the city are working on this massive project described as a city within a city. there will be community hearings and a vote on the project in spring next year. google says the site will include 4,000 housing units and 25% of that affordable housing. this all comes at a time when home prices are still high while rent prices continue to drop. rent prices are down 10% in san jose and oakland. and 20% down in san francisco. bay area home prices continue to reach unprecedented levels. the median sale price for a single family home in the bay area was $975,000 in august. that's up 16% from a year ago. as we've heard before, the limited supply of houses is the main reason behind the higher prices. also, more and more people are working from home now. realtors say tech workers and other professionals want more space for family and home offices. and, of course,

yet i think we need a little more of a pullback i think valuations on the best franchises in the space, googlei think they're very reasonable. i wouldn't say that they're fire sale prices yet. >> mark, in terms of advertising versus subscription base models, i guess we think of things like rok as the new era of television and peacock as well. are they in the bracket of companies struggling at the moment >> roku is kind of in the middle so what is happening is you have accelerated growth in streaming, kind of across the country and our world. if you're supporting ad, we see brand marketers pull back materially for a couple different reasons this year. social unrest and covid-19 and so that's going to be slower to come back so the companies that like roku are playing on both of those, the fundamentals are checkered until we're really through the covid-19 crisis. that could be another six months >> sefeveryone is trying to fige out the election risk. how do you think which administration is friendlier towards the big cap tech stocks given that there is still discussion about regulating them and p

give you the same answer i gave when amazon started building products in the communication space or facebook or googlennounced they were going to compete with twilio first of all, we're no stranger to competition this is a huge market and so it's no surprise a wide variety of products are in the domain. we build differentiated platforms and a differentiated super network. we've got a 12-year head start on anybody entering the space. we are not a company that's very focused on competition we're focused on our kpcustomer and that has driven us for the last 12 years and we'll continue to focus on the things our customers need in this enormous market and be able to take a lot of market share. >> i get that, jeff. let me push you on that one point. i understand it's a big market, first mover advantage, but you're not worried at all, at least microsoft entering in terms of price competition that maybe microsoft moves in here, sees an opportunity, tries to undercut you guys in the market, make they decide we can bundle these new tools with services and present kind of compelling opportunity for developers no

justice department moves to block google's dominance in the searching and the advertising and space touchdown that nasa plans for an ambitious landing on an asteroid more than story 1000000 kilometers from earth. there are reports of gunshots in africa's most populous city lagos as authorities try to break up protests people are rallying in defiance of a 24 hour curfew that came into effect just hours earlier the restrictions were implemented after anti police brutality protests turned violent well the country's police chief has also ordered anti of riot police to be deployed nationwide earlier on tuesday 2 people were shot dead by police in lagos and a police station was burned down protests of me that have been held across the country for more than 2 weeks originally ignited by the actions of a controversial police squad which has since been disbanded. try rob you crying every day. yeah yeah i don't but i do it and i say choice well yes i believe. you are going to do good things in. going to you know what you like we don't want president anymore i don't want. you to go in our country i don'

out of all of these and looking at the strength of amazon and google particularly we're talking about cloud services. even though that space of cloud services is getting more competitive we're actually seeing overall growth and spending across the board. it is not, even if they're all growing, microsoft, amazon, google, are getting more cloud revenue and cloud services that area is just growing. so i think that is the really key takeaway is this where we're seeing a real trend and these are probably the more solid players whereas facebook and twitter, they're really all about advertising and, whether they can control bias, hate speech. whether they will have more political risk. very different scenario and i think those are really the more risky ones when we're talking about today and certainly the runup today has been massive. twitter was up 8 1/2%. it would have been shock if they kept going up today. it was nice. connell: all that runup came in the regular session, ahead of the earnings release after the bell. looking for as many forward earnings statements as we can find. facebook says the pandemic contributed accelera

in terms of other companies, certainly, google and amazon are microsoft's biggest competitors at thecloud spaceame time, microsoft has, i think, a healthy attitude of their but for the grace of god go i. reallyow antitrust can hurt a company. they also may be wary of if there is anything that might continue to expand any sort of probe that might continue to touch them or might in general become a more aggressive antitrust regime. emily: fascinating to hear your perspective after all the years you have covered this company. bloomberg's dena bass -- dina bass out of washington. jay wilder has run some of the world's largest infrastructure projects and is leading the development of the revolutionary hyperloop transportation system. >> we are kidding ourselves if we think the answer to the situation we are in right now is just going back and getting back to all the things that we were doing before. ve a tremendous need to be able to have new forms of transportation. i think the discussion about the new sciences is part of that, but it's, of course, all spectrums in being able to do this. the fact o

than might prevent the maifs wild fires and google shows off the plans for its big san jose camus and it's more san jose camus and it's more than just office space. the lasr property tax bill went down? what? never. are you kidding me? for years, the residential burden has gone up. while the corporate burden has gone down. prop 15 reverses that. it closes corporate loopholes and invests in schools, small business, and firefighters. and when the big corporations pay more, your tax bill goes down. that's right. a savings of a hundred twenty-one dollars a year for the average home. give homeowners a break. vote yes on 15. taking california for a ride. companies like uber, lyft, doordash. breaking state employment laws for years. now these multi-billion-dollar companies wrote deceptive prop 22 to buy themselves a new law. to deny drivers the rights they deserve. no sick leave. no workers' comp. no unemployment benefits. vote no on the deceptive uber, lyft, doordash prop 22. one ride california doesn't want to take. in the tubbs fire. the flames, the ash, it was terrifying. thousands of family homes are destroyed in wildfires. families are forced to

and by the time you see antitrust investigation into facebook or google it's already too late for people who are operating in that space story that we have now is that brussels is coming up with what we call a hit list of up to 20 large internet companies very, very likely to include google, facebook, apple, amazon, microsoft. so it's going to be a list of up to 20 companies and it's going to be just merely by the size of, you know, the silicon valley giant, heavily weighted on the u.s. company that some argue have become too big to care. >> so in that kind of a scenario how exactly does this kind of a campaign resinate with the population or the citizen ri in europe do you think that the regulators are doing this because there's a outcry because of these types of things or just because of the strict numbers around market dominance or possibly monopolistic behavior. >> there's concerns about monopolistic behavior and there's a sentiment that these companies have become too big and too present in every single bit of our lives like if you just think about your morning today, you know, you were checking the news on your s

google. one of the biggest stories this morning within the space. department of justice suing google saying it is illegally preserving its monopoly on internet searches. google's relationship with lawsuit at the heart of the lawsuit as well with two companies accused of working together to bolster each other's businesses. look, google right now has 90% market share of search, that's really the crux of the charge, do you believe that google will have to make changes? >> i'm pretty disappointed in barr and the doj, they could have gone so much further with this suit. they are basically 3 or 4 years behind what the eu did. the eu did a few years ago, they settled for a billion dollars and let other search engines like, duck, duck, go, it's a no issue. google stock should go up because this is so far away from what the real issue is with google's hold here. maria: yeah, google is responding to this and write this, today's lawsuit by the department of justice is deeply flawed. people use google because they choose to and not because they are forced to or

space. that will be the challenge for google. has rallied the last couple of days. the stock was up.hat i am really looking at is google's cloud business. that is the complementary or diversification strategy of the company. this is an area where the company does not have a monopoly. you saw azure grow 48%. you saw aws continue. the google cloud revenue, they are estimating about $3.3 billion this quarter. it would really be important for the company to see growth on par with microsoft. aslly, solidifying itself that third player. emily: ok. we will be all over google's results later this week, following sundar pichai's testimony tomorrow. meantime, airbnb is one step closer to its widely anticipated ipo. the company says it will list shares on the nasdaq. they say they will be to raise as much as we billion dollars in the ipo. in august, the company said it had filed for the offering confidentially. coming up, a look at what the chiefs of facebook and twitter will be saying at a wednesday hearing before congress. all the details, next. and, reports tonight from the u.s. elections pr

we see a lot of people enter this space in 2020, as with facebook or google, it typically goes to a pointmple ticketing. it is harder to go deeper when it is just a product line. everything we do, we build for the event creator. i think it is a validation of our business. i'm excited to have more competition in this space and we are really focused on giving our creators what they need to be successful. we areas you look ahead, heading into winter. there is bound to be a winter flare across this country. how are you planning your future? how are you mapping out your objectives when we have no idea how much longer this is going to go on or how bad it's going to be? julia: rear really focused on the next three years because we cannot predict the next month and certainly, we have shored up our own companies. we have raised capital to have more than six years of runway at the current burn rate. we are prepared for the worst. as you look at the three-year horizon, i think something magical's going to happen. we will gather again and hyper local, smaller events are going to be the ones that brin

space per person. >> reporter: tech giant google can't afford it. the company just expanded the lease by 42,000 square feet to accommodate social distancing. but other industries don't have that luxury. like restaurant owner tony marcel of way fair tavern. with capacity at 50%, he may not make it. >> just the 50%, you know, i could tell you we probably wouldn't have more than, you know, four to seven months. >> in the meantime he'll have other concerns like enforcement. >> it's a matt equation based on occupation levels. % >> reporter: to keep customers safe and his business alive. >> we want to take care of each other and it's new to everybody. we'll get through this together. >> the city has a community education response team that is made up of disaster service workers that handle both inspections and complaints and so far, the city received 311 complaints about businesses in seas san francisco not compiling with the health order. stephanie ssierra. >> speaking of enforcement, what do we know about warnings and citations? >> as of today, police i

tooirn we're getting a look at the plans for google's new campus which could completely transform downtown san jose. it's a mixed-use hub of housing, office space, transportation, retail parks and plazas. plans reveal how seven million square feet of office space could tower above neighborhoods. the plans will face final arrival next spring. >> they're not building a waldorph spaceship that turns its back to the community. they are building this so that it fits into san jose. >> i don't like necessarily more traffic. but i do like the critical mass that it would bring to downtown. >>> millions in the path of hurricane delta are being told to prepare for the worst, pray for the benefit, and expect something in between. as the intensifying category 3 storm turns toward the gulf coast. the national guard is already moving in as evacuees board up and head out in dammed higs.ed to southwn louisiana tomorrow afternoon. swarming areas with as much as 11 feet of water. and many of these people were evacuated not too long ago for the same reason. >> hunger laura hit very close by. you saw the blue tarps in the video. >> uh-huh. >> these are covering up

justice department moves to block a google's dominance in searching an advertising online and space touchdown that nasa has plans for an ambitious landing on an asteroid more than 320000000 kilometers from earth. thank you for joining us there are reports of gunshots in africa as most populous city lagos as authorities try to break up protests people are rallying in the finance of a 24 hour curfew that came into effect just hours earlier the restrictions were implemented after anti police brutality protests turned violent with anti riot squads the ploy that nationwide in nigeria about $20000000.00 people across the commercial hub of lagos and the surrounding areas will be subject to the curfew only essential workers will be allowed to leave their homes the state over a key has also moved into 24 hour curfew well the protests followed the release of a video on social media on october 3rd of a police officer from the now the span did spend. robbery squad or saw as shooting a young man amnesty international says at least 15 people have died including 2 police officers since the protests began wh

spaces. so when you go onto google searchin and you type in any keyword it ranks and sorts and prioritizes certain information and in the midst of the early part of the pandemic we saw an unbelievable search as people start to call it covid-19 we saw another spike of the url with that keyword. and then if you look at the url you see very quickly it is grifters maryland covid-19 and if you try to find information where to get tested and it may look like you were applying for information. you are just submitting your information to a firm that word call you to give you legal services to tuneup business that way. we are talking 100,000 and more domains in that moment and with the masks and hand sanitizer and the paper. >> i only have 25 seconds left and then to be completely withdrawn and to somewhere in the middle. >> government wants to incentivize with better content moderation the to get true and correct information. >> i yield back. >> mr. welch a. >> thank you to all the analyst and picking up where you. finished i do believe the flood of misinformation and not just russian interference also a

google? sure they beaten microsoft, they own youtube. they created a spacee hundreds of thousands of people. finally there is apple think of the app store, that is platform that's created million of jobs for software developers and content creators you got these incredible engineer job creators, maybe our elected leaders should prioritize and not screwing it up it is not just about jobs? these big tech companies are america's cultural ambassadors to the world it used to be coca-cola and mcdonald's and now it is facebook, google and apple now i am not saying congress should give mark zuckerberg the congressional medal of the internet even they admit they need some government regulations i think it is counter productive to treat these titans are the enemies. they are not fivillains they have the goose that keeps laying the eggs. you don't antagonize it and you don't stop feeding it. you let that goose do its thing. i know big tech companies are easy to hate but we got a good thing going here let's not mess it up i like to say there is always a bull market some

google for search, for example. shery: we will definitely continue watching this space. , thank you.ars of a new virus epicenter in the u.s. as cases rise across the south. we will have the latest on the pandemic, next. this is bloomberg. ♪ karina: i am karina mitchell with the first word headlines. we begin with our top story. hopes are rising of a stimulus deal in washington with the white house raising its offer. nancy pelosi saying she is hopeful of agreement this week. mitch mcconnell says the chamber will debate any stimulus package if a deal can be reached. hello see told bloomberg more work is needed to overcome spending issues but progress is being made and a bill is being drafted. >> we all want to get an agreement because people need it. it is urgent. our economy needs it. one little bump in the road with the appropriations committee. not sure they will be ready, but let's hope they are. we are starting to write the bill. karina:karina: i am optimistic. its firsts welcoming foreign tourists for seven months. a ray of hope for a sector that is crucial to the national econom

space ships. i don't think whether it relates to google, facebook or amazon, we don't even have the right rules right now to be able to regulate them. so i think you're going to have to have a totally readdressment of the broader anti-trust rules because they just don't fit the narrative of these companies and the issues that they're bringing up so i think that's going to be years out. and there's so much -- to kevin's point, there's so much bigger fish to fry right now small businesses deneed these platforms. i think amazon will do well going into christmas and regulatory framework is much farther out we need to rewrite the laws to begin with >> how much of this big tech ramp up has to do with stimulus? no stimulus equals buy big cap tech, doesn't it >> correct i think that's the strategy. it's been a proxy, a bond proxy, mega cap growth, technology. it certainly is active in a very defensive mannerism given the strength of free cash flow generation, given the low debt levels and the ability to withstand maybe a slowdown and buy back so that has been the right strategy going forward and i think, as

you can probably find with a quick google search 30 times when iat said the president is wrong, he gives putin this spaceeffort to deny what is even completely obvious. this is what my friend and national security adviser used to call putin's implausible deniability. it's very importantpl to critice the failures of policy and actions by the president, by others, in getting putin his space. what i write about in battlegrounds i criticize both political parties because what we see ise a tendency for leads within both parties to compromise our principles as americans for partisan critical advantage. that's one of the ways putin plays us. doing that and i think president trump has not helped our cause by raising doubts about what is super obvious. what i describe in the book is president trump's tendency to conflate three related questions but distinct questions. in the election? hack yes, they did. did they care who won? i don't think they did. i think with the want to do in 2016-foot what do in 2020, which is to matter who wins, raise doubts among us about the legitimacy of the results. and to have dirt on

if i could futrther enumerate, the company most as risk is facebook, google and amazon and then there's a hard line and a big space below that. apple does have risk if biden would win, but i think it's pretty marginal. >> gene munster, it's complicated for sure thank you for lending your expertise to discussion. kelly. >> a key republican lawmaker on the house judiciary anti-trust submonta subcommittee has been laying out his own plan for anti-trust reform congressman, it's great to have you here today this has been a strange process to play out in public. we have leaked report from the democratic leadership that is not yet final. and what you hinted at, not everybody is on board with it. what accounts for the nature of this and the fact that we don't have a finalized report yet in. >> i don't know when the majority is going to release the report there is great bipartisan agreement that there is a problem with big tech and there are five companies that should be looked at, four of which we have looked at in the last year. i think there is in terms of the majority report, i've read it, i agree with 330 pages of it

google search 30 times what i have said. the president is wrong to give putin his space, to aid in his efforts and deny what is completely obviouss is what my friend and national security advisor used to say putin's implausible deniability. i think it is very important to criticize the failures of policy and actions by the president, by others, giving putin his space. i criticize both political parties because what we see is a tendency for leaders within these parties to compromise our principles as americans for partisan political advantage. that is one of the ways putin plays us. we have to start doing this, but i think president trump has not helped are caused by raising doubts about what is super obvious. what i described in the book is president trump's tendency to conflate three related questions , but distinct questions. did they metal in the election? heck yes, they did. i think what they wanted to do in 2016 is what they want to do in 2020, which is no matter who wins raise doubts among us about the legitimacy of the results, and to have dirt on whoever comes in so they can weaponize it against them. in 2016, it is real

models entirely i think that's really an important space to watch, especially as we talk about the twitters of the world, the facebooks, youtube, or googled, you know. i think that's going to be an important space to watch and i'm not sure that any change in leadership next month or in terms of electing people next month would change the desire to hold tech companies more accountable. it seems like kind of a bipartisan effort at this point. >> yeah. i mean, you look at the stock move, from 48 now to 45, people are in fact asking what would twitter look like if in fact it were responsible for the content and how would that change the way all of us, politicians included, interact with the platform by the way, david, on top of all of this, there was the outage last night which lasted a fair amount of time and then the company had to come out after that and say that that was not the result -- no evidence it was the result of a security threat. but it has been a very long week for jack dorsey. >> yeah, yeah. i can see why he might want to step up to become executive chair, find somebody else to be ceo. >> you get in line as we go to break, ta

the algorithm so that no one can actually find you on google and of course you know they went abbot and so when he saw that oh it will just deny space to the holocaust deniers oh well we'll just deny to the neo nazis that willow just denied to alex jones it was step by step because they knew that oh well that's fine oh yeah that's a good idea what we don't want to give space to the novices but then of course it doesn't expand it will be denied the people who are opposed to vaccines will deny platform to the people who expressed skepticism about the coronavirus will. and i now space the people who transmit information about hunter biden and stone and now we got a point when even the president of the united states this campaign is closed down the presidents of press secretaries close down so they are totally involved in this election campaign and there's a this is a and it will it only on one organization what they're doing what they're doing to email which is very very interesting is that they are these these social media networks they are in a position to choose winners and choose losers ok they will choose who the public can have a