issues with iac's marketing practices as misleading, threatening to remove some of iac's plug-ins which be potentially very damaging for iac's business. what is your latest response to this from google >> well, response to google? first of all, i think again i think one thing that's going to happen and needed and been needed for a few years there's going to be regulation, more stringent regulation of big tech companies i don't know if there's anybody -- i don't know se-- who doesn't think that sensible regulation will be applied it will take place this year or next year and i think that will help -- i think that will help -- i don't think this playing field is ever getting leveled. google is a monopoly without question and so, you know, i've always argued with google that, you know, i think of it as if you live -- you know, i think everybody lives as a serf, old russian serfdom on the lands of google but i also think that it is -- i've said to google, it's wise to treat your serfs really well because otherwise they tend to rise up and overrun the castle and i think what will happen is t

owner of british bookmaker ladbrokes with the financial support of us billionaire mogul barry diller‘s iacwpaper reports. entain has more than three thousand betting shops under the ladbrokes and coral brands and has a market value of about $9 billion. martay reemac has been called ‘europe's answer to elon musk‘. but why would anyone want to build an electric supercar in croatia, a country with little car industry to speak of? his firm is not only successful, it's branched out from high performance vehicles into making parts for porsche and hyundai. theo leggett caught up with him and began by asking why he's working in what — on the face of it — are two rather different businesses. we kind of stumbled into it. i started a company ten years ago ina started a company ten years ago in a country that didn't have a car industry and no investors or government support and so on. in the early days in the company, it was hard for us and we we re company, it was hard for us and we were struggling. i wanted to build a car, that is all i wa nted build a car, that is all i wanted to do. but because we

at iac headquarters and 11:00 a.m.t as well and "squawk alley" is live. ♪ ♪ it's time to face it come on in and join the party ♪ ♪ life has been waiting for you to care ♪ >>> happy friday, welcome to "squawk alley. two plainspoken founders join us at the end of a dramatic barry diller and tom siebold will talk what's the impact of washington turmoil on brand america, what's business' role in securing what we hope will be a new normal post pandemic and speaking of that, major indices slightly higher after a disappointing jobs report but not everyone is flat tesla is up another, my goodness, 5% but now it's higher than that. the market cap on tesla, deidre, now above -- you see it up 7.5%. the market cap is now above $800 billion valued higher than facebook i just want to remind everybody, elon musk tweeted that the

pursuit of the bid.gher than that dow jones says the new bid comes with backing from mgm shareholder iactive. china stock office, -- box office record $83 million amid signs the movie market is bouncing back. the highest day since records began in 2011, according to ticketing site entertainment. china's boxway, office revenue dropped to $2.8 billion last year but still top u.s. takings. rishaad: a quick look at general market moves, seeing markets stock lies movingto the--seeing stock markets moving to the upside. the kospi up 2% the clear later. -it had weakness- leader. the tokyo market was one of those falling back. git malaysia market, the ring has strengthened relative to the dollar. looking elsewhere at other asset classes, seeing moves. palm oil moving to the upside. 2.1% up.il 6.6ap for the philippines, basis points to enter yourself against philippine debt. in the next hour of bloomberg markets, a look at what this year may have in store for the global economy. we are going to do that with ocbc bank selena lang, getting her views as to the way she had her bank seat markets heade

iac to say, hey, you want cash we'll give you cash for your shares and then they would become a largery seem happy to do. wow, quite a year overall itself >> look, it's been unbelievable. the issue here how do you get traditional tv to even think about gam blbling whn they mentioned the line. >> 5g is going to bring this stuff to life on so many people's phones in so many ways and you have this cohort these younger people who are more familiar with this than they are any tv anyway who are betting. who are betting on games betting on all sorts of stuff. betting on whether the eagles would take out jalen hurtz for some reason. >> if you're unwilling to uctaabouctatalk about the line and fantasy they're hopeless i hope you're listening to me. you have to say, wow, gamblers are going to be bummed out something that recognizes that people are gambling and the fake world is not talking about it. i mean, give me a break. when you look at what's going on out there with younger people, they're not watching traditional because traditional is unwilling to say the eagles are not favor favored. how

wall street journal" reports that the mgm's bid has the financial backing from its largest shareholder iacng to expand mgm's online gambling business. andrew >> okay. thanks, joe. >>> a lot more coming up this morning. the balance of the senate of course now hanging on tomorrow's runoff election in georgia we'll tell you what the outcome to mean. president-elect biden's first 100 days in office, that straight ahead as we head to break, check out shares of samsung electronics gaining smg january 13th earlier than the typical february release "squawk" returns with that and more in just a moment. i made a business out of my passion. i mean, who doesn't love obsessing over network security? >> announcer: executive edge sponsored by -- i just don't have the bandwidth for more business. seriously, i don't have the bandwidth. glitchy video calls with regional offices? yeah, that's my thing. with at&t business, you do the things you love. our people and network will help do the things you don't. let's take care of business. at&t. >>> good morning as we've been reporting the u.s. equity futures are