twitter ceo jack dorsey donated $15 million to mayors for guaranteed income.ppened just this week. that will provide about 30 cities or so with up to $500,000 a piece. justing me now is the founder of ta group and the mayor of stockton, california, michael tubbs. welcome back. it's good to see you. i know that you first started this program. it was in february of last year. tell me how it's going for riz dent there in stockton and the feed back you have been getting. >> it's been lifeline will ever covid-19 and more so now. we have folks who have said during covid-19 that the $500 has allowed them to stay home from work so they didn't inif he can other people with covid-19 because they don't have paid time off and there wasn't an vablts of tests when they were showing symptoms. people are saying the $500 a month has allowed them to keep up with their rent payments as they had their hours slashed and seen pay dreeecrease. people say the 500 there are has allowed them to way the two or three months that it takes to get unemployment insurance. this country has to

what twitter has been doing, and jack dorsey explained it at length yesterday, they have been puttingags onto the president's tweets and those will take you to what they called broader context for the information the president puts in his tweets, the argument or position he puts in his tweets. restriction, or the ability of other twitter users to engage with the tweet. there have been studies showing there is quite a bit of a restriction that comes from twitter putting that label on that tweet. and it isjust a label the same otherwise, there is a significant reduction in engagement. we do not do that on parler. is tack we take in parler similar to what senator kennedy talked about in the senate hearings with dorsey and zuckerberg. we allow people to think for themselves. just as kennedy was questioning the two of them and saying, do you believe everything you read? of course not, right? we don't think any person that goes onto a platform like parler , twitter or facebook should take anything on there at face value just because it was put out in the world. we think people should be thi

what twitter has been doing, and jack dorsey explained it at length yesterday, they have been putting tags onto the president's tweets and those will take you to what they called broader context for the information the president puts in his tweets, the argument or position he puts in his tweets. with that comes restriction, or the ability of other twitter users to engage with the tweet. there have been studies showing there is quite a bit of a restriction that comes from twitter putting that label on that tweet. it is not just a label and it is the same otherwise, there is a significant reduction in engagement. we do not do that on parler. the tack we take in parler is similar to what senator kennedy talked about in the senate hearings with dorsey and zuckerberg. we allow people to think for themselves. just as kennedy was questioning the two of them and saying, do you believe everything you read? of course not, right? we don't think any person that goes onto a platform like parler, twitter or facebook should take anything on there at face value just because it was put out in the worl

so what twitter has been doing and jack dorsey was explaining it at some length yesterday, is a have been putting tags onto the president's tweets, and those tags will take you to links in which they provide what they call context, broader context for the information that the president puts in his tweet or the argument or position he puts in his tweet. with that also comes some restriction either reach or the ability of other twitter users to engage with the tweet. there have been studies showing there is quite a bit of restriction that comes with twitter, putting a label on the tweet. it's not just a label and then everything is the same otherwise. there is a significant reduction in engagement with that material whenever they do this. we do not do that on parler. the attack we taken is similar to what senator kennedy talked about in the senate hearings with dorsey and zuckerberg. we allow people to think for themselves. suggest as kennedy was questioning the two of them saying do you believe everything you read? no, of course not. we don't think any person who goes onto a platform

of course, those we do not permit. >> both facebook ceo mark zuckerberg and twitter ceo jack dorsey yesterday both spoke in favor of more transparency regarding algorithms. his parler in favor of that train of thought? would you be in favor of more transference either? >> guest: we are in support of more transparency but if you listen closely he repeatedly used the opportunity given by some of the questions to tout the transparency programs they have and so what he does, i guess they put together a report or quarterly report that he's been talking about the way in which the platform treats various categories of objectionable content in some of that, of course, is the type of content that we of course prohibit on parler because it is illegal in some of the types of contexts they may handle in that report might be things that they prohibited in their community guidelines that we don't but in any event what he was eager to do yesterday, apparently, he called for it a few times even when he was speaking with ben sasse and ben sasse said especially he's not for government solutions to solve this p

some ceo's like jack dorsey say we will be working from home forever. is that ok in your book?eed: it is however employees are most productive. most of us want to get back into the office, have human contact, have debate, and the technology of zoom and google are good, but it is not yet the same as being in person. i am sure, like most companies, we will have more people spending more days from home, but for me, the human contact and interaction you can do in trying to understand some challenging topic, it is great to be in person. emily: do you think working from home forever is an overreaction? reed: there are different companies with different cultures. i will bet that some will do that and it will be great for them to try, but at netflix, we are a very human company, we want to have human interaction, and it will be better to have that be in person that only virtual. emily: one thing i don't quite get is how you get through a day, sometimes months, without making a decision. when is the last time you did make a big decision, and where do you still feel the need to step in?

as part of a growing tech-lash on capitol hill, jack dorsey and mark zuckerberg took incoming from both sides. republicans slammed the companies for alleged bias, partly because many of their posts about election fraud have been labeled as misleading because they are lies. democrats accused the social media companies of not doing enough to curb the spread of disinformation, especially as the current president, with his massive social media following, seeks to undermine the legislatelegislate legitimacy of the election. >> daily the president shakes the foundations of our democracy using a powerful megaphone, social media. the president has used this megaphone to spread vicious falsehoods in an apparent attempt to overturn the will of voters. >> joining our conversation is co-host of "the pivot" podcast, kara swisher. and branding and marketing expert donny deutsch. kara, what's going on? i spent a lot of time after the 2016 election on the road, interviewing trump supporters. and even more than fox news, more than breitbart, nobody mentioned breitbart, they all got their news from faceb

jack dorsey come your former colleague says brian armstrong will be on the wrong side of history. you think? keith: i think you will be on the right side of history. you saw the data today that even with a very generous offer of six months of basically free money, only 5% of the workforce decided to take the free money. the trouble at work is created by a very small minority of employees and companies have been too afraid to crack down on a small fraction of people. but it is showing the high watermark of employee activism. facebook has been stringent. a couple of years ago, mark and cheryl decided to say there's limits to what you can do it facebook and if you don't like it, there are plenty of other jobs in the world and i think more companies need to do that. emily: that does it for this edition of "bloomberg technology." stay with us. "studio 1.0" is up next. i'm emily chang. this is bloomberg. ♪ ♪ emily: he grew up in stockholm, sweden playing guitar, sideelling websites as a hustle. by age 23, he was ready to retire. instead, he married his two passions, tech and music, laun

a facebook‘s mike zuckerberg and twitter‘s jack dorsey are among the twitter leaders getting used toything from spreading misinformation to crushing competition, and they are determined to clip their wings. rory cellan—jones on the year ahead in technology. tomorrow, aaron heslehurst looks ahead to what's in store for business in 2021. even the most up—to—date prosthetic limbs can often be too heavy or hard for young children to use easily, but now a group of engineering students have created a flexible device called ‘the mitt‘. duncan kennedy explains how it works. is it isita is it a christmas present? yes. inside the wrapping, inside the box, inside the bag... prosthetic hand! seven-year-old phoebe is discovering something. awesome. that will change your life. it is a new type of prosthetic limb called a mitt. for phoebe, who was born without a lower arm, it is opening up a new world. from skipping to painting to blowing bubbles, everything else seems possible. you can hold a pen and that bit, you can actually hold a microphone, even though we don't have a microphone. hold a micro

senator cruise asked jack dorsey can affect politics he said no. you all agree that russia can use your platform which is why you are on guard with these controls in place you don't agree in using your own platforms and censorship affect politics? they all say no. it is astounding. what do you think of that miss atkinson quick. >> what i read was the final assessment to purchase facebook ads, absolutely. no denying that. the difference is one is considered a foreign national security threat and i assume is illegal although we can hang people out of russia and prosecute, but what i don't understand in a legal way to manipulate public opinion are shaping public opinion information is the hard part those that are responsible for convincing big tech to take this rule they were not interested in prior to that and to understand how powerful this is and exploit that in a dangerous way to impact the much everything we seepo and hear. and i do think they are smart people working on solutions to this problem and investors and journalists and technical expert

jack dorsey has told employees they can work from home forever.oncerned are you going forward about making sure that employees have the support they need given the fact that many of them will have been staring at the same four walls and same screen for at least the last nine months, if not years to come? dick: you just said it. when we come out of the pandemic, there has certainly been a realization that you can be productive from anywhere, and that is not going to go away completely. we aren't going to see 100% of people returning to offices. unless you were on another planet, you can realize the stress everyone has been under. not of human connection, just staring at the same four walls, but homeschooling, the stress of being a parent while schooling your kids, and having a job is compounded to the usual stress of working really hard in a fast-growing company and dealing with the day to day grind of your job. of productivity lost in six days and burnout, every company has experienced it. we think covid has only accelerated this. the demands for

they asked jack dorsey do you have t ability to impact our polits? and i said no. you all agree that russia can you our platforms which is why you're on guard. you don't agree that you in using your own platforms in sensorip, that you can't affect politics? they just all say no. it is astounding. what do you think of at? >> on from what i read was the final asssment on what russia did in terms of purchasing some facebook ads so so on. absolutely there is no denying that in any way. the difference is considered a foreign national securi threat and i assume it is illegal. not that we can really yank people outf russia and prosecutethem. but the other is that there is a legal way of manipulating public opinion or shaping publ opinion and information. i think that is thehard part of attacking it. the interests that are responsible to srt takin this role, prior t that the political and corporate interests, they understand how powerful and ty have exploited in a danrous way tt impacts everything that we see here and can access. and i will answer the question saying there

jack dorsey has discussed a professional -- have discussed a deal. talks may not result in a transaction. that is your latest. lisa: nothing going on much in markets. equities are trying to creep higher. 2/10 of a percent gain. it is a weaker dollar and that seems to be on the heels of euro strength. was just headline that had on fidelity providing cover for a low yields on money market funds is a next year headline. lisa: it is why most companies are moving away from money market funds. tom: coming up, robert. this is bloomberg. ♪ lisa: this is "bloomberg surveillance" live. ofare looking at pictures the coast of the united kingdom. we are looking at pictures of dover, the ports were reopened after being shot down by france on fear of the new strain of covid. is 50he chunnel kilometers and i will call it dirty miles underneath and it is absolutely vile -- vital. what a joy to speak about the dover report. the basic message i heard is that when we go, we go, and i believe the going is going right now. i heard is going, and reports about log jams abou

he called it the biggest threat to our country and it wasn't russia with the gdp the size of jack dorsey's man bunt. he was china but the democrats laugh the trump and seth meyers who would know a joke if it hosted the tonight show laugh the trump and let's not forget that letter that magically showed up prior to the election signed by 50 former intel officials saying the hunter story had all the ear marks of russian disinformation? if i didn't know any better and people it said that about me isn't that letter disinformation? if only there were investigative journalist around. they knew china was a real threat but posed russia as the problem. was problem. was it a decoy? was her too much to gain from china? with were they compromise or do they hate trump so much that they couldn't agree if i'm even when he is obviously right so they put america against them instead. china with one of the biggest economies on earth's response bowl for stealing or her intellectual property killing thousands of americans treating a viruslike of global prank running seeker concentration camps fixing up democra

jack dorsey has discussed a potential deal with rapper jay-z.ks may not result in a transaction. a new study about the mutated coronavirus campaign sweating -- spreading in the u.k. the virus appears to be more contagious and will likely lead to more hospitalizations and deaths next year. it is 68% more transposable than other strains. thanl news powered by more 2600 journalists and analysts in 120 countries. i'm ricky group to. -- i'm rikita gupta. this is bloomberg. ♪ tom: remember, this was not announced as a complete trade deal. this was announced as a phase one. there is much more to do. ♪ >> we are looking for a reboot and a restart and recover. i think that is the theme for next year. the pent up demand -- there is one point $4 trillion of extra savings in u.s. households. the clear message we have gotten. we have heard from others, get to the vaccine, get to the right percentage amount. futures up 34. lisa, as you set up with the open right now, we still are watching sterling. from london, will we get news? lisa: and will it move markets

republicans argue companies like facebook and twitter are censoring content on platforms, twitter ceo jack dorsey told lawmakers section 230 is the most important law protecting speech on the internet. william barr appoints us attorney john durham is special counsel to continue investigating the origins of the russia probe in the next administration. william barr made the appointment two weeks before election day and just notified the senate and house judiciary committee. former federal prosecutor and us attorney for you to will join us in the next hour to discuss. san francisco mayor's office confirms she did in fact attend the birthday dinner at the upscale restaurant french laundry, coming one day after governor gavin newsom attended a dinner at the same restaurant while telling people to stay home and avoid social gatherings. he is sorry for spending thanksgiving with his parents tweeting i apologize for my decision to gather for thanksgiving with my family contrary to the rules. i understand my obligation as a public official, compliance with public health orders and not to ignore them. the

i say jack dorsey, the ceo of the company is stepping up and will come out a better platform becausef it. last thing, the charts are so bad -- >> since then twitter is up more than 80% dan, you pitched the name once again in november. >> i was a bit screamy on that call it has gotten back to the late 2014 high which could be technical resistance that was my target in the mid to low 50s. i am going to move on. i have done well-being a buyer of this. it looks like it's well loved. i want to pull this thing back and then set up the analyst in the new year they just announced they are shutting down periscope. they haven't gotten anything right. hopefully they can get things right on the next leg. but i am pulling out now >> tim seymour, if memory serves me right this was your final trade last night >> you have a great memory i am on the other side of screamy dan although i want to say that was a great call by dan. i have been long twitter through this period. i stay long. i look at the ad growth and i'm impressed. and the ebida is not where i would want it. after a big run, i think you g

jack dorsey founder of square. what does the potential deal look like, ash? a potential deal with jay-z. we don't know what potential price, the type of deal would be struck. the rapper and music mogul bought title more than five years ago for $56 million. but title has struggled according to reports to keep pace with other streaming service including spotify and apple music. it's a very competitive field. it has not released the subscriber numbers since claiming 3 million customers back in 2016, some four years ago. so we don't really know what kind of numbers we're talking again about. it is very preliminary. these talks may not result in a transaction at all. you see square down 1% today in trading. david: by the way it looks like, i was looking at his numbers, his, how much wealth this man, jack dorsey has, looks like he made $4 billion during the pandemic alone. so it's extraordinary. ash, thank you very much. >> >> next case the georgia senate runoffs are less than two weeks away. so will donald trump's potential veto of a covid relief and spending bill

jack dorsey, do you have the billy to impact our politics? know. i followed up, you all agree russia can use your platforms which is why you put your controls in place. in search manipulation, you can't affect our politics, they all say no. what do you think of that? >> from what i read, what russia did in terms of purchasing facebook ads, absolutely. no denying that in any way. the difference is one is considered a foreign national threat, but the other is unless it is something i don't understand, is a legal way of manipulating public opinion or saving public opinion and information. that is the hard part about attacking it. the political and corporate interests, how powerful it is, that tends, and and technical experts. where there will be platform, the things ever understood. and those powerful interests don't want you to read. where we will be in the next four years. and news internet environment we are trying to grapple with. >> americans don't understand the economic power. small businesses. i had to intercede a number of times in people who

she was grilling jack dorsey recently, she checked him on the tweet, president trump's tweets, asked heard his answer then repeated exactly the same over as though she didn't remember she asked it. if she had multiple conversations according to the article with chuck schumer, who has been telling her you're not remembering the conversations and he has to come back and ask her all over again. i'm not her doctor and i like her kindness at the judicial hearings but they sent an aid to keep an eye on her. the problem is over the age of 85, the risk of dementia or cognitive impairments about 40% and over the ageer of 75 it's about 20%. speaking of someone who is 78, joe biden this week announced his new choice for hhs secretary. except he called him health and education secretary. xavier bashir, tucker, do you remember? you remember in 1979 they changed health and education and welfared over to health and hun services. i'm wondering, did joe biden in that moment forget? he has a history of two aneurysms,ir that can lead to se cognitive decline. or he's just aghast. i don't know, but you k

shannon: this is what jack dorsey said in a hearing back in november on capitol hill when this was beingrtly after the election. >> we made a quick interpretation using no other evidence that the materials in the article were obtained through hacking and according to our policy we blocked them from being spread was upon further consideration we admitted this action was wrong and corrected it within 24 hours. >> you think about the new york times which is among the papers the published information about donald trump's tax returns which is a crime to do that if it is been gained illegally and i don't think the president signed off on that information being out there and yet that article was all over the place, there was no ban on that article being passed along like there was on the new york times article is twitter said potentially was attacked. that will to a lot of people like a double standard. >> certainly and i think people have an opinion left or right of double standards depending on what paper they are reading or what they are looking at online. one of the problems, i've told you

jack dorsey talked about the potential deal with daisy, the music my -- jay-z, the music mogul.l news, 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. gupta.ika this is bloomberg. ♪ >> we don't know if it is here. doing looking, surveillance and sequencing to see if it is here. but i said, and i still feel that way, that i would not be surprised, given the prevalence of this in the u.k., that we already have the cases here at a low level we have not detected yet. tom: dr. fauci with an incredibly important moment with david westin yesterday, really cannot convey the importance about a two minute stretch in that conversation when dr. fauci says, get out there and get vaccinated. we have taken pride in our coverage of the pandemic, starting in february with the leadership of the united kingdom medical community, over to johns hopkins. part of that discussion has been albert co. of yale university, an expert in the diseases across this world that involve bacteria and virology. he's an expert in understa

emily: given your long tenure in this industry, when you were last on the show, mark zuckerberg and jack dorseyying before congress. you said you were glad the government was doing due diligence. today, the ftc and 48 states have sued facebook, saying the company has abused its monopoly on the market power to snuff out the competition. given have any reaction, you have been in this industry a long time, competing with giants a long time, and know what it takes to innovate? emily: i don't know, i can't comment -- tom: i don't know, i can't comment to the extent that this is an antitrust competition, but what is going on with social media companies is an enormous public health problem. people are using ai to manipulate millions of people in the brain at you look at the effect of itat the on teenagers with depression, suicidal tendencies, loneliness. it is just horrible what is happening. these people are looking the other way as their social media systems are weaponized by bad , basically threatening, jeopardizing our ability to conduct a compact with society. if it doesn't -- if the government d

i think jack dorsey has done a great job with that company.rred tilt in fintech is through visa and a company called vicer they have had double digit earnings growth for as long as -- you go back and look, they dominate those particular niches so it is a space that you want to have exposure to, a lot of reasons to think that the digitization of payments will continue to be a dominant story over the next ten years. visa for example not only has a secular growth story as they duopoly with credit and debit cards, but also acyclical stor as well as we get back to normal visa is a toll collector so i think you should own fintech, but do it through companies that have a little bit better valuation i think paypal is a good stock we like visa and vicer >> and i think one of the best backgrounds. all right, man, happy new year >> appreciate it >>> coming up, pulling back the curtain on the uncertain road ahead for the box office, whether it can box back in 2021. but first, some of the other top stories, bad news for exxonmobile as it is apparently sign

and morons at twitter do not care about facts, they don't care about the truth, and that includes jack dorsey they care about helping joe biden. >> that's absolutely correct, gregg. i mean, look, mr. mcisaac did the right thing, he contacted fbi, he turned over the contents of what he believed were criminal contents possibly allegedly in this laptop over to the fbi in december of 2019. he also turned over as his own insurance policy that information to rudy giuliani's attorney because he was afraid nothing was going to be done and, look, hardly anything was done. i mean, the fbi sat on this information for quite only time, nobody let the cat out of the bag, so to speak, of what was going on with hunter biden. and now we know there's an ongoing fbi investigation into the son of the president-elect, joe biden. and this is very serious concerns because it's not just about money laundering, but it's connections with foreign nations and foreign companies that are connected to the chinese communist party allegedly as well as ukraine. and these are very serious allegations, and they implicate like t

now you have $15 more million from twitter's ceo jack dorsey, like the private sector stepping in whered to act. how many people will that money go to and for how long? >> well, no, let me just -- i think the point you raised is a dpat one. the fact we're using philanthropy to provide for the necessities of citizens, this is an indictment on mainly majority leader mcconnell in the republican-led senate, it is unacceptable myself and other mayors had to talk to tech ceos and other private individuals to make sure our citizens had money for rent and food, all while being deemed essential workers in work places like food markets where people need to survive and don't wear masks. i think the notion of a guaranteed income is one that should be beyond the parse and dichotomy. it's really about in the richest country on earth during a global pandemic, what can we do to make people safe? >> right. >> as mentioned, $1,200 checks actually cut poverty, just one check. so it's confusing to the american people as why we can't get a deal with both democrats and republicans in terms of providing the e

. >> carl, jack dorsey's payments company slooking to buy title which has an a list group of owners from rihanna. that report out from bloomberg no comment from square, jay-z or title. but why would a financial services company get into music? analysts say it makes sense. in the long term vision for square especially for the ever popular cash app square has built the venmo competitor into a power house with more than 30 million users. the momentum is the big driver of that stock's 260% rise year to date. even as square's core payments hardware business was hit during u.s. shutdowns every product that square launches is to drive more engagement which results in more revenue per user the end goal for square is to be a mega app where people manage finances, pay friends, and in this case listen to music. he points to apple's itunes store and that closed loop system as an example this would fit in with square's growth strategy and the cool factor iggy azalea and other hip hop artists have written cash app into the lyrics. dorsey highlighted that on a 2019 earnings call square also launched a

dianne feinstein has a lot of things in this article, when sh was jack dorsey at a judicial committeet that president trump's tweet, she asked him about it, she heard his answer and then repeated exactly the same over again as if she didn' remember that she'd even asked it. she's had multiple conversation according to this article with chuck schumer, senator schumer, who has been telling her, and apparently she doesn't remember the conversations and he has to come back and ask her all over again. i'm not a doctor, i liked her kindness at the judicial hearings, but they also sent in a third to keep an eye on her. the problem is that over the ag of 85, the risk of dementia or cognitive is about 40 percent and over the age of 75, there i about 20 percent. speaking with somebody who is 78 , joe biden this week, tucker, this week, announced his new choice for hhs secretary except he called him health and education secretary. health and education territory terry perry do you remember, of course you remember that in 1979 , they changed health and education and welfare over to health and huma

how about jack dorsey? how about jeff zucker? how about the attorney general of pennsylvania?d a pretty critical role and should be richly rewarded for what they did to help joe. >> jeanine: all right, geraldo, what say you to that? >> geraldo: a good soldier with a good reputation. the g.i.s that i've spoken to like him very much. he did oversee all of afghanistan as commander. he commanded the first, the first black man to command a fighting division in combat. that counts. the military is almost half people of color. it's about time. he's the first and i think it's a big, big plus. to blame general austin with what happened with isis, i think that is really scapegoating in a grotesque way. >> greg: so who do you blame? >> jeanine: what do you think about the comment that isis was in fact -- >> greg: who, me? >> dana: general mattis, general mattis, the first order of business was helping president trump defeat isis. javier botero from california, it's becoming a big issue even in georgia for these runoff elections because socialized medicine doesn't go over so well down the

. >> shannon: this is what jack dorsey said in a hearing back in november on capitol hill.ng debated shortly after the election. >> we made a quick interpretation, using no other evidence, that the materials in the article were obtained through hacking, and according to our policy, we block them from being spread. upon further consideration, we admitted this action was wrong and corrected it within 24 hou 24 hours. >> shannon: leslie, i find this interesting because we have talked about this before. we think about "the new york times," among the papers that published information about president trump's tax returns, which it is a crime to do that if it has been gained illegally, and i don't think the president signed off on that information being out there, and yet that article was tweeted all over the place. it was retweeted. there was no ban on that article being passed along like there was on "the new york post" article, because twitter said potentially it was hacked. that looks to a lot of people like a big double standard. >> well, certainly, and i think people already

remember, square is a jack dorsey company what square is really a great equalizer. it helps the retailers, small business they have the little square thing and what it really is it's got cash square cash, and what people like it's really kind of taken the place of banks and you know, what it's about time that someone gave banks a run for the money and square is doing that how about logan in new york, please logan? >> caller: boo-yah, jim, big fan of the show. >> thank you. >> caller: wanted to get your take on mcdonald's i own some shares now. in 2021 they are coming out with plant-based products and innovating the drive threw want to know if had is going to a breakout performance or do i buy now or hold. >> an analyst came out and said the estimates are too high the stock is hanging around 211. i think it underestimates how sweet the dollar has gotten which had help their international business i won't say no one ever went wrong buying mcdonald's. there was a stretch that wasn't so good, but i do think you'll be fine. i do prefer wendy's and chipotle ♪ let me hear

jack dorsey has discussed a deal with jay-z, who acquired title for $56 million in early 2015.led to keep with other streaming services, including spotify an apple music. the electric powered garbage clouded- the deal was due to unforeseen additional costs, ending in orders signed in august. nicholas ceo said it's the right decision for growth -- for both companies. boeing says it will maintain some employment added seattle production.er the the extra space will be used for any defects in dreamliner's after the final assembly moves to south carolina. the work will cover planes that have been rolled out but not yet delivered. boeing has yet to say how long inspections will continue, and how many staff will be kept on. rishaad: a look at markets, have a look at what people -- where people are prepared to embrace risk. looking at u.k. assets. sterling is up, up over 1.2% the last hour. ftse futures indicating a positive start, that on top of a positive day yesterday. rising by one basis point. we are at .286%, the yield on the 10 year. let's look at what's going on regionally. mar

where is jack dorsey, or mark zuckerberg?e apology to the american people and the rest of the main stream media whose headlines pre-election, post election are night and day. the american people deserve an answer. many americans look to the mainstream media for all of their information. they will laugh off a "new york post" story as the russia disinformation and make their choice on election day because they think that the biden family is perfect. they think this is just the right wing media machine. it's not. we are owed an apology be every person out there that scoffed at the "new york post" story that is now somewhat reporting on it. though not to extent it deserves. >> harris: brian? >> brian: couple of things. number one, i love the way that joe scarborough mocked somebody because they are small business owner, computer repair store. they didn't do it be lucrative. they did it because they like to do it. it was that computer store owner's problem that hunter dropped it off to be fixed and did not go to the apple store. i

you know, twitter has jacked dorsey said in congressional testimony and has been saying for months on end now, that for instance we should be able to choose the algorithms that tailor our newsfeed among a suite of algorithms. then we could imagine that the crowd sources those algorithms so people can submit those algorithms to be part of the suite of algorithms users can choose from. i think this is a very good idea. i think we should pursue this idea. but i also think in a concept here we could add his transparency. we should be able to examine the inter- workings of these algorithms, how they process data and what they mean for the recommendations that they would make. transparent algorithms that are then chosen by the user. i think that is a fantastic idea. we should put these algorithms in a skinner box and see how they behave under different conditions in order to really know what we are choosing. >> that is great. thanks for this. the make the stuff is more transparent which is getting our first step around where we are. the museum has a tradition called the one word initiative.

rapper meg an me stallion had a square share app re-tweeted by twitter ceo jack dorsey and celebritynts aren't always a good thing. typically been a bellwether for the top of the market. kell, back to you. >> so true, kate part of what you said though about the sort of small supply base is so interesting because a lot of retail investors are sitting there with now gains presumably even if they have been under water for the last few years, that they are suddenly going, okay, if i hang on to this thing for some time and that's one of the bold cases for bitcoin is that there's just not a ton of supply available. >> right there are some people hanging on from even three years ago, and it did see its last all-time high and some of these institutional investors instead of having it on an exchang where they are going to sell it, they often will put it into what is called cold storage and put it on something called a hard drive and keep it away from exchanges for security reasons so that's also drank some of to supply. >> cold storage, that's what they are calling it? >> cold storage, like a

to enter into the record in response to a number of the 23rd letter that ceo jack dorsey after they refused to provide witnesses for this hearing. but i know a statement that was made during the hearing but they don't really do content. but mr. glazier's testimony would tend to contradict that. hopefully when we for a postponement we word get a more specific response any to come to the table. and that they were not necessarily be friendly to and to work together i hope we can work and good faith now we will transition to the second panel. serving in the white house as the council and was an associate in washington dc. and that representing the copyright interest of over 13000 organizations a close to 2 million and creators joining the copyright alliance with the us patent and trademark office and mr. noah becker cofounder and president and with the audio fingerprint solution with and llp payouts and downtown on - - downtime for creators. administers more than 15 million copyrights and trademarks is an essential part of the attorney serving as executive director legal counsel and with the ch

i have a lot of respect for jack dorsey of twitter.e twitter also believe in providing services to individuals and small groups. shery: we have an alert on the bloomberg. the house of representatives and the u.s. congress has the votes to override president trump's veto of the defense policy bill. ndaa is ahe $740 billion relief package. if the senate overrides the veto but this will be the first time they have overridden a veto. coming up next, why u.s. sanctions on north korea may have made kim jong-un more dangerous than ever. be sure to tune in to bloomberg radio to hear more from the newsmakers and get in depth analysis from the daybreak team. listen via the app over bloomberg radio.com. this is bloomberg. ♪ check of thes a latest headlines. a top chinese lithium minor has won a reprieve. they said they were planning to sell a stake in the world's biggest lithium mine. it has now signed a deal to defer a 1.9 billion dollar payment to january 8 with a further extension to next november. they won a one-month delay and has missed som

and it is an extraordinary thing not to be able to get, i have had jack dorsey, mark zuckerberg under oath. we have asked them, did you coordinate with the democrat campaign? how is it within minutes of the story breaking that both of those major corporate giants decided that they would suppress this story? they did exactly what the biden campaign wanted them to do, i have asked them to determine whether this was an illegal campaign contribution on the behalf of these corporate entities, and i cannot fathom why anybody who cares about free speech in this country would be fine with these make a corporations controlling what people can and cannot say and trying to intervene in the presidential election. let me ask you, judge starr, about something else. let's talk a little bit about male in balloting. in your written testimony, you discuss the findings of the carter baker commission and you have mentioned that here today. that commented on the use of mail-in ballots after the 2000 election, can you tell us a little bit about that commission's finding on mail-in ballots as you recall it

overseas i have respect for jack dorsey of twitter.roviding services to individuals and small groups. rishaad: base ceo yuta tsuruoka speaking to bloomberg. numbers, cpin coming through a short time ago. consumer prices fell by o.4% year on year -- 0.4% year on year. thai baht where it was before against its american counterpart. the chief we ask executive of china's third biggest industry what he thinks. amitabh chaudhry joins us for an exclusive interview. this is bloomberg. ♪ . ♪ rishaad: the reserve bank of india expected to keep benchmark interest rates at 4%, according to economists surveyed by bloomberg, who also talked about the balancing act facing the central bank. there is excess liquidity and a technical recession. joining us for an exclusive interview is amitabh chaudhry. access is the third biggest private lender in india. thank you for joining us. let's get a sense of what you see from the reserve bank. what are they likely to do? is there anything they could offer which would be a surprise with regard to liquidity? the

so, jack dorsey gave $15 million to help support the demonstrations that are happening in those citieseven though it is a lot of money it is a limited amount of money. you would have to determine exactly who would get that. how exactly would that be determined? randomly chosen in consultation with researchers to make sure you have a sample size of the population where you can actually learn information. part of what they are doing is demonstrating policy. if we wanted we could make a choice in america that everyone has income each month until the economic crisis is over. there are a number of bills in congress that would do that. the eligibility would be based on need. working, for middle-class families who need money would get money each month with most things attached. that is the idea of guaranteed income. at its heart is the idea that people know best what to do with money, they simply don't have it. so there is agency built in. and there is dignity built in. people deserve dignity in the richest nation on earth, in the richest moment in history. we as a nation can make choices to