so that when we interact with the fcc and team telecom, it is beneficial. we have decisions that have been sitting with team telecom since the prior administration, it doesn't mean we are undermining national security one iota, >> if i were to characterize, while you agree that cyber security is a serious issue you do not feel that placing more jurisdiction within the fcc or having the fcc exercise additional jurisdiction within the statute or broadening the statute would be well-placed because we have existing intelligence agencies that are already fully capable of doing that at the fcc does not have anything additional to add, is that correct? >> there is a lot that i agree with and what you said, we can all continue to have conversations with those entities but i think that they have a great deal of authority and are capable of providing us the information as it relates to applications that are submitted for consideration. >> i do have a commission for i do i have a question for commissioner carr. as you are aware telehealth offers beneficial -- exponent

i do believe we work well with what is the -- as you reverence, team telecom, they need to reform team telecom but die believe we do not have the primary role. he have functioned we can had to that information. >> that's the reforms you have advocated, does that contemplate you do have existing expertise that could be led if the statute was broadened to enable you to do that. >> the changes i'm thinking is more formal structure and addressing the timing of decisions made by them and making sure that when the interact between the fcc and team telecom is internal, we have application that sit at team telecom under the last administration for a long time period. that's problematic for those who applied. doesn't mean year undermining national security one eye oat tamp we have a better sufficient government. >> while i characterize while you agree that cyber security is a deeply serious issue, you do not feel that placing more jurisdiction within the fcc or having the fcc exercise additional jurisdiction, be it within the statute or broadening the statute would be well-placed because we hav

so that when we interact with the fcc and team telecom, it is beneficial. we have decisions that have been sitting with team telecom since the prior administration, it doesn't mean we are undermining national security one iota, >> if i were to characterize, while you agree that cyber security is a serious issue you do not feel that placing more jurisdiction within the fcc or having the fcc exercise additional jurisdiction within the statute or broadening the statute would be well-placed because we have existing intelligence agencies that are already fully capable of doing that at the fcc does not have anything additional to add, is that correct? >> there is a lot that i agree with and what you said, we can all continue to have conversations with those entities but i think that they have a great deal of authority and are capable of providing us the information as it relates to applications that are submitted for consideration. >> i do have a commission for i do i have a question for commissioner carr. as you are aware telehealth offers beneficial -- exponent

but i do believe that we work well with what is as you were referenced, team telecom. reform teameed to telecom and i've advocated believeto that but i do we do not have the primary role add.ave functions to reforms you've advocated, does that contemplate you have existing expertise that be led if the statute was broadened to lead you to do that? changes isly: the telecomhanges to team and addressing the timing and making sure the interaction between the texas and team telecom is beneficial. we have applications that sit at under the last administration for a long time period, problematic for those that have applied. it doesn't mean we're the national security. rep costello: so you would agree cybersecurity is an important feel placingnot more judicious within the f.c.c. exercise the f.c.c. additional jurisdiction would be well placed because we have agenciesintelligence already fully capable of doing that and the f.c.c. does not additional to add, is that correct? did i say too much? com. o'reilly: there's a lot to -- i would agree an awful lot said but we would contin

team. talking about more earnings. chinese telecoms continuing to count the cost of its run-in with u.s.ed a first-quarter profit to a loss after being hit by a $1 billion fine with the trump administration. let's get to tom mackenzie joining us from beijing. i would say the company has been pretty good in terms of telegraphing the impact of bands from the u.s.. was this a surprise -- u.s. was this a surprise? tom: no, not a big surprise. it does underline the cost the company has had to pay for these infractions. they highlighted to us. 3.1 expected losses in billion dollars. note price that they revised down their first-quarter earnings from a profit of two under 50 million u.s. dollars to a loss of just under it a hundred million u.s. dollars. this is the second-largest largest chinese telecoms company. the company was caught up for these violations, sanctions violations around north korea and iran. course, you have this action from washington imposing this yingon the company from bu u.s. technology. that ban was lifted. it agreed that huge find that you pointed to -- saying it was on

maintain existing telecom networks and mobile phones in the usa and to carry out security patches to continue operating the company must pay a one billion dollar fine replace its executive team and hire u.s. compliance officers it was only in april that the company suspended most operations after the commerce department imposed a seven year ban from buying u.s. components and technology said he relies on u.s. companies for nearly one part in every four that go into its networking hardware and smartphones said t e pleaded guilty in march twenty seventeen to having shipped equipment to iran and north korea in violation of u.s. sanctions after they were slapped with a fine the company promised to discipline employees involved in the scheme but the commerce department said this week that those employees were paid bonuses instead. well we talked about the transatlantic trade dispute earlier but don't forget china u.s. tensions are at play here too like we just saw a fresh round of import tariffs are going into effect between china and the u.s. on friday experts say we can then really talk about a full blown trade war while one side punishes the other the consequences could chip a

maintain existing telecom networks and mobile phones in the usa and to carry out security patches to continue operating the company must pay a one billion dollar fine replace its executive team and hire u.s. compliance officers it was only in april that the company suspended most operations after the commerce department imposed a seven year ban from buying u.s. components in technology said t. he relies on u.s. companies for nearly one part in every four that go into its networking hardware and smartphones said t e pleaded guilty in march twenty seventh teen to having shipped equipment to iran and north korea in violation of u.s. sanctions after they were slapped with a fine the company promised to discipline employees involved in the scheme but the commerce department said this week that those employees were paid bonuses instead. well politicians can be notorious for saving disappointing news for an otherwise busy day and just as the football world cup rolled around the russian government announced a sweeping pension reform pushing up the official retirement age but world cup or no wealth cup the reform is facing some stiff opposition. it's been a long day and olga played m

maintain existing telecom networks and mobile phones in the usa and to carry out security patches to continue operating the company must pay a one billion dollars fine replace its executive team and hire u.s. compliance officers it was only in april that the company suspended most operations after the commerce department imposed a seven year ban from buying u.s. components and technology said t. he relies on u.s. companies for nearly one part in every four that go into its networking hardware and smartphones. pleaded guilty in march two thousand and seventeen to having shipped equipment to iran and north korea in violation of u.s. sanctions after they were slapped with a fine the company promised to discipline employees involved in the scheme but the commerce department said this week that those employees were paid bonuses instead. time to talk football. those are anger and found sort of racing over british capital yesterday after their team's winter games to come up here and dishes of football's coming home chopped off a dramatic day of the world cup so the three lions go through the quarterfinals for the first time since two thousand and six. d w social media editor janet d

telecom o trust a rocket company that had never launched one. carol: she didn't. she got the meetings with the people that mattered. how? said, you are trying to sell the team. there is this great guy, musk, very smart. importantly, you are using the small steps to make the case you are going to do something larger. they were very transparent about their progress. they were test-firing engines -- even when they had failures, they said, here is what went wrong and here is how we think we are going to be up to fix it. carol: into positives rather than negatives. max: absolutely. and they were charging less money. there was an incentive for these satellite companies into the government to take a risk on these guys. musk is saying, we're on tested this works, but if this may save you hundreds of millions of dollars. jason: tell us about her relationship with musk. she's unique in her longevity. also, there is a yin and yang a bout it. it often falls to her to walk back some of the things he has said, it feels like. max: there has been all these executive departures at tesla. spacex has been able between stable. even within spacex, gwynne has been a constant. mus