jack: scott galloway would say they're not doing enough. can they do more?tly, are they a media company or a tech company? >> well, i've always believed, jack, that they are a media company. they always professed to be tech companies, i think that's the heart of the issue, and it's a really good question. the heart at this point is whether they're media or tech companies, and i think they can't claim to be sort of digital engineers tightening the digital nuts of their digital bikes. they are responsible just like you are at barron's for the content that flows through your channels, but i are to say in relation to the current situation surrounding facebook, they have become much more responsible and much more responsive than they have before. and i think the boycott is -- once you exercise the threat, it has no power. so the threat, if the threat's there and it's almost unsaid, but it's -- that's far more powerful and much more powerful to have private conversation. dealing with the chinese. don't go public with it but just talk the them, talk them through it

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scott galloway of stern school of business. you can check out his post at scott galloway.com.ou for tuning into this addition of "bloomberg technology." i'm emily chang. "bloomberg daybreak: australia" is next. this is bloomberg. ♪ >> very good morning, welcome to "bloomberg daybreak: australia." we are counting down to asia's major market open. >> good evening in new york, i'm shery ahn. record withs to a u.s. stocks higher from signs that the fed will bring a dovish message.

emily: in that interview with scott galloway, professor at nyu, he made a comment where he said the onlyn that would lose here is the ceo, who would ceo of one round and not all of westborough's -- not all of westeros. david: there is something fundamentally true about some of the things representative johnson was saying to you earlier. these companies, the scale of influence they have over our lives is fundamentally wrong. however, the problem is that they do a lot of things for us that we like. i also thought it was interesting the way he talked about these hearings as something of an education for the american people. ultimately, that is what is needed. many of the services of all four of these companies are deeply appreciated and even beloved by a large number of americans. that is not going to change. on the other hand, they do cause genuine harm, and that needs to be examined more cynically, more methodically, and i applaud the committee over the last year for having really delved into a number of the areas where problems still exist. breakup is not going to be the solution, by the

we'll stay on the topic of schools and bring in scott galloway who is a professor at the nyu school.en you look at the landscape for the upcoming fall semester universities are all over the map on what they're doing whether full in-person instruction, online, how do you see this playing out? >> so i think we're moving toward or i would say we're exiting the consensual hallucination phase where we thought things would be somewhat back to normal. right now you have a spectrum of harvard going online, a hybrid, all the way to purdue still claiming they're going to welcome kids back to campus. a lot has changed. the curve, unfortunately, has not been crushed much less flattened. and i think we're coming to the realization there won't be any in-person classes. i think over time we will decide probably not to invite students to these small towns that i don't think are prepared for outbreaks. slowly but surely we are headed to a recognition universities and academic institutions are the warriors against the virus not the spreaders or enablers and i think slowly but surely we're moving to an