elon musk owns twitter and a relationship with jack dorsey and appear to be friendly. we'll see how deep we go during the hearing. it will go on for a long time and see whether or not we get answers. >> dana: one of the things you heard a raskin wanted the talk about the state of the union. we'll get back to the state of the union and bring back former speaker of the house newt gingrich. we'll monitor that hearing for news. the headline from the "wall street journal," the state of the union contraction went on to say this. president biden devoted most of the state of the union address tuesday to celebrating what he says is a long list of legislative and economic achievements. spending on social programs and public works, subsidies for computer chips and more subsidies for green energy and strong labor market. if he has done so much for america why does most of america not seem to appreciate it. mr. speaker, the polls show that people are in a sour mood. they don't feel like this is working for them. did he convince anyone last night that it should? >> no, look. this wa

jack dorsey has said he did not make that decision.ss gadde, did you make the decision to censor the hunter biden laptop story ? >> i was involved in that decision. >> who was the final arbiter, the final person who said we're going to do this? >> i ultimately approved that decision. >> you said previously you did not believe the new york post story violated any policy. how many times other than this one did something get banned or flagged that you disagree with? is this the only one? >> not at all. >> twitter repeatedly banned and censored material that you thought shouldn't be censored, is that fair? >> these are challenging judgment call and reasonable lives can differ. >> but on this one you did disagree. i want to say, the american people need to have valid information to process decisions. i would argue denying the american people the substance of hunter biden's laptop was wrong. you've got photos and text messages of hunter biden committing multiplefelonies which there were no criminal charges . must be nice. hunter biden and jo

and jack dorsey he was no longer the ceo of twitter famously said we do not shadowland.tives in any way. he said that under oath. i don't think ultimately they're going to say too much to damage their own companies they do have to answer to the stockholders. we have seen this before in the past will probably see it again not a lot of transparency from the ceos a lot of sound and fury and provocative soundbites will see on the news later that night. but what will ultimately changes the big question. >> fastening as you point out larger mainstream legacy media outlets don't seem to be treating this as a big deal. >> absently not. it's almost as if they are just echoing the democratic talking point this is weaponization of the gavel. and nothing more to say here, jon. will: good to see you. >> good to see you. >> visits this week to the southern border, high-ranking members of both parties on capitol hill. will a firsthand look have any impact on the migrant search? a report from the border town of mission, texas when fox returns. . choose from six delicious dishes, like lo

jack dorsey has said he did not make that decision.ss gadde, did you make the decision to censor the hunter biden laptop story ? >> i was involved in that decision. >> who was the final arbiter, the final person who said we're going to do this? >> i ultimately approved that decision. >> you said previously you did not believe the new york post story violated any policy. how many times other than this one did something get banned or flagged that you disagree with? is this the only one? >> not at all. >> twitter repeatedly banned and censored material that you thought shouldn't be censored, is that fair? >> these are challenging judgment call and reasonable lives can differ. >> but on this one you did disagree. i want to say, the american people need to have valid information to process decisions. i would argue denying the american people the substance of hunter biden's laptop was wrong. you've got photos and text messages of hunter biden committing multiplefelonies which there were no criminal charges . must be nice. hunter biden and jo

jack dorsey has said he did not make that decision.adde, did you make the decision to censor the hunter biden laptop story ? >> i was involved in that decision. >> who was the final arbiter, the final person who said we're going to do this? >> i ultimately approved that decision. >> you said previously you did not believe the new york post story violated any policy. how many times other than this one did something get banned or flagged that you disagree with? is this the only one? >> not at all. >> twitter repeatedly banned and censored material that you thought shouldn't be censored, is that fair? >> these are challenging judgment call and reasonable lives can differ. >> but on this one you did disagree. i want to say, the american people need to have valid information to process decisions. i would argue denying the american people the substance of hunter biden's laptop was wrong. you've got photos and text messages of hunter biden committing multiplefelonies which there were no criminal charges . must be nice. hunter biden and joe li

elliot of course has a pretty successful track record forcing changes that tech companies, jack dorseytter. elliott suggested new board nominees. salesforce going through a rough time, they announced 8000 job cuts last month. the second co-ceo, bret taylor, resigned last year, the second to leaving three years. it bounced back by a quarter and the complaint has been salesforce suspending an expensive acquisition like slack, costing $28 billion. speaking of activist investors, nelson peltz says his proxy battle with disney is over after bob iger announced 7,000 job cuts, saving disney $5 billion. disney will be split into entertainment parks and espn and 2. 4 million disney plus subscribers, first loss in the streamer's history since it debuted in 2020 and no guidance on numbers for this quarter. disney beat sales and profit. wall street really liked it. it is one hundred 40 one for the stock. disney is up 25% since iger's return. frozen and toy story sequels in the works. tesla got good news this morning, the ntsb concluding the fatal texas crash of 2021 the killed two individuals beca

to suppress free speech, the president of mrc, free-speech america, cisco twitter and former ceo jack dorsey should not get a pass. he joins me next. ♪ ♪ you'll always remember buying your first car. but the things that last a lifetime like happiness, love and confidence... you can't buy those. but you can invest in them. at t. rowe price, our strategic investing approach can help you build the future you imagine. at adp, we understand business today looks nothing like it did yesterday. while it's more unpredictable, its possibilities are endless. from paying your people from anywhere to supporting your talent everywhere, we use data driven insights to design hr solutions and services to help businesses of all size work smarter today. so, they can have more success tomorrow. ♪ one thing leads to another ♪ doors can lead us toward what's important. your dedicated fidelity advisor can help you open those doors. by working with you on a retirement-income plan designed to balance growth and guaranteed income. because doors were meant to be opened. ♪ choosing miracle-ear was a great decision. mir

where is jack dorsey? he was the ceo and there is no -- why does he get off scot-free? >> i think you saw another interesting takeaway from the hearing was this phenomenon where sometimes people in the media are willing or eager to make arguments for the bidens. the bidens won't make themselves. their witness saying hunter never said it was hacked material. hunter never told us this is a lie, you have to take it down. they took it upon themselves and we want to know how active was the f.b.i. you see with the document stuff, too. media folk making arguments that some obama-era executive order gave vice president biden some sort of super powers over classified documents. no, laws apply to him and the same thing with hunter. i hope one result of this is some people in our industry think about if you make a case that the person you are making it on behalf of isn't willing to make, might want to check yourself. >> bill: topic two. judy woodruff sat down with joe biden yesterday. a lot of things came up that have not been answered before. let's -- do we have it? okay. she was

here's my question, where is jack dorsey. how does he get away with not having to come and testify.on the leader. only these guys have to come? the other thing is aoc may have missed it last week but even hunter's lawyers are saying that that's his laptop. not even half laptop. >> jesse: big business conspired with the fbi to pick a president and aoc doesn't care. she'd rather talk about all these other things. she was at the oversight committee for the last two years. she didn't haul in any ceo, ne titan of industry and grill them. she didn't do anything. why is aoc taking hunter's sign? that's who she wants to throw down with, hunter biden, dropping and words on the laptop, sexually harassing his assistants, the silver spoon corrupt guy who is dragging hisu know what all over the place. >> greg: she loves a bad boy, jesse. >> jesse: she really does. how much? she is engaged. i wouldn't take sides with that guy. he goes against every think she stands for. >> judge jeanine: it's all about ideology, the left. >> jesse: the left, a bunch of losers, right, george? >> harold: president

now, it's been explained to me that is jack dorsey's company, you know, the twitter fellow.he thing is up 3.7%. so, a, what because block do -- [laughter] and why is it up so much? susan: i think i've explained this many, many times -- stuart: do it again. susan: it's the online payments company formerly known as square. they lost over $100 million, but what they do, it's peer-to-peer payment. they have this thing called cash app. have you ever -- i won't even -- stuart: don't ask. stuart: susan: people go online on their phones to transact, pay people across this cash app, peer-to-peer, like you would to me. kind of like a venmo. and i saw they had 51 million transacting customers. that's a big deal. that's up 16% over the past year. and the fact that you're looking at these kind of transaction type of companies, you use gross profit, and it's telling me that people are using cash a lot, they're also -- it's $800 million in gross profits as well when it comes to the actual square app itself. stuart: they take a piece out of every transaction. susan: i was looking at the ave

they also forced out jack dorsey some would say to leave twitter so they had this history of pushingng-standing ceo's at these tech firms they think are under performing. ashley: interesting and now we have this. we hear that i would say adidas was having issues with their beyonce line but they are struggling apparently to sell kanye west's as well. we talked about this yesterday. >> yeah, so we did talk about beyonce earlier this week and i would say $1.3 billion in lost sales possibly in 2023 if adidas is unable to sell the existing stuff so we know that it's of course the kanye-designed shoes and remember that adidas ended their relationship with kanye last year. they were forced to after his anti-semitism comments but you know that relationship has been very good for both and some would say it added almost $2 billion to adidas's bottom line, so if you lost it, you're losing kanye west it's kind of a brand that's not selling on top of beyonce's ivy park which has done poor sales than expected. that's a problem when you're adidas and you're going to lose about 1.3 billion in lost s

why do we carve things out for -- i would have said jack dorsey.st insanity that we're allowing these billion dollar corporations to have an exemption that nobody else has. >> joe, you're making a powerful case here that the law -- maybe it is just out of date. listening to you talk about the way you were thinking about it when it was enacted is reason enough. you're right. president internet has changed, the world has changed. but this is one of those areas of american exceptionalism, too, where other democracies look at us and say, why can't you figure this out? one of the reasons is we have a very broad first amendment statute. as a journalist, that's a wonderful thing. the problem here is the world has changed. to your point, joe, you now have companies that are not journalistic organizations that are disseminating information, some of it factual, some of it dangerous, some of it hate speech. and they are -- they essentially have no responsibility. for the consequences of that. so, we have this central tension. you know, it's easy to get wonky.

>> i have to tell you, block last night, the old square, had an incredible conference call, and jack dorseyhe idea that we got to start spending willy-nilly we got to start thinking about gross profit margin and rule of 40, meaning we figure out what we're making, growth, and trying to get it with margin, but most importantly, stop losing money, and they trashed stock-based compensation as not being included this was the best of the pivots other than nikesh at palo alto, and i think that it's a textbook for those ceos who are trying to figure out, versus the opposite, say, of a carvana, how do you get people to respect your company? and this company is on the move, and it is the only fintech company that i really feel like's got momentum right now. i joke with jamie dimon about fintech. he believes that there are real companies and not real companies, but i got to put square squarely in the real company category, and that's because they're going for -- they want their earnings to look like regular earnings. and i salute them because they're not using any phony stuff to get to where they nee

target when does come find it was happening in our culture and i admire what jack dorsey, heavy winds and christopher stone actually tried to build as a company. i wish i could say the same for the platform is today. i think to me and to many other users we've seen the site currently degraded. we've seen mr. musk more interested in attacking journalists and uplifting conspiracy theories that actually running a company. we could all agree just over all the service has substantially degraded i think is an example is the forced -- that a person to like i think most folks don't as well. i want to know more seriously mr. musk and car t was also done damage damages for trust and safety on the platform. he is guided the trust and safety teams have been described, limited management systems and the human rights to which is as we know has ceased to operate. i do want to take a minute to think mr. roth and particularly ms. navaroli, and your teams. i know you are trying to best. i want to thank all the folks who worked at twitter who believe in its mission commission on usher holds true today c

target when does come find it was happening in our culture and i admire what jack dorsey, heavy winds and christopher stone actually tried to build as a company. i wish i could say the same for the platform is today. i think to me and to many other users we've seen the site currently degraded. we've seen mr. musk more interested in attacking journalists and uplifting conspiracy theories that actually running a company. we could all agree just over all the service has substantially degraded i think is an example is the forced -- that a person to like i think most folks don't as well. i want to know more seriously mr. musk and car t was also done damage damages for trust and safety on the platform. he is guided the trust and safety teams have been described, limited management systems and the human rights to which is as we know has ceased to operate. i do want to take a minute to think mr. roth and particularly ms. navaroli, and your teams. i know you are trying to best. i want to thank all the folks who worked at twitter who believe in its mission commission on usher holds true today c

. >> jack dorsey has always been an evangelist for bitcoin for a very, very long time what's your cost sheet? when you guys sit around in a room together talking about what the value of this will be in the future, what do you say to each other? >> the cost basis we made the purchases over the past fewer years. the first purchase was $10,000 ultimately this is a long-term initiative for us. we believe there are efficiencies needed in this information system we call money. when you think about things like decentralized identity, and you think about the potential for cross-border payments, the potential for an ability to custody of your own funds without the existence of a centralized financial institution, those are transformational opportunities that we want to experiment and learn on in the near term. >>> finally a hardware question, a very practical question, and sometimes you use a square services versus toast, others, is the hardware business a good business to be in, the actual terminal itself? >> you know, we see the hardware as a seamless integration with our software we build it