that is a simple taste of what "voices from the valley" tech workers talk about. i'm going to ask you to stand by a little bit while i turn to dipayan ghosh, author of terms of disservice:how silicon valley is disruptive by design. thank you for being here. i want to start with you the way i started with ben tarnoff and moira weigel, talking about your personal experience in the tech world, looking at the particular lens you brought to this book. >> this book is driven by my experience at facebook, served as the company's privacy advisor focusing on how the company thought about privacy and public policy issues in dc and other parts of the world andy sensually helping the company think through how it should integrate privacy into products like message or and big blue apps and how we should position the companies thinking in a public way. i did that until 2017. left shortly after the last election. >> why did you leave? >> a number of reasons. i worked in government and the obama administration right before coming to facebook as a technology and economic advisor wo

while i'm not a mother in tech, i am a minority in tech, and i can touch on that some.ge sometimes, you know? there was a while where i was the only black woman in my building because i'm an engineer. and it can get isolating. it's super—crucial to be able to find community outside of work. so, right now, i have a very strong network full of women from many races, and we connect quite frequently. you know, we'rejust sounding boards for one another. my dream is to work at a big tech company in the uk or in the us and also to have a big family too. you can absolutely do that. i'm working at facebook, and i am mum of four kids. and i am very proud that i am able to do both. and guess what? mums are using our products and so we want to be hiring more mums as well. so, give us a call, susan. why not? lara: and there isn'tjust one route into the industry either. i'm halfway through a coding boot camp right now, which i'm really enjoying, and i feel like programming will be our language of our future. it's a field that i wish i'd gotten into earlier or had more access to at a

you now advise the european union on its tech investments, the future of the us tech sector. because of this increased attention and rivalry between the us and china, being played out in the arena of technology, and we have seen the us take a real stand, for example, against the chinese company huawei, not only getting them out of their own 56 roll—outs, but telling the rest of the world, or at least its partners, that it must not use huawei technology or it will suffer sanctions as a result. europe is going to have to choose. well the important thing is there is a phenomenal opportunity for europe to be the honest goal in the war of the eu and china, but we have to avoid becoming collateral damage. in the only way we can avoid that is to build up our own technology sovereignty, and that's why i'm promoting the 100—billion—euro fund to make sure that we get this independence from china by moving some of the manufacturing back into the uk. so, 50 billion will be to be spent to get our independence from chinese monopolies, and the other 50 billion we are looking to spend to get

one of the tech giants in the cloud has become the high tech battleground of the internet age. and he's totally dominated by those big, mainly american players. but here in berlin, government says it doesn't have to be that way. it's time for something different. it's painting a vivid picture. hi fi world with little specks of data cascading through cyberspace. conjured up in the name of a mythical goddess of life itself. diana. it all looks great and diane x. sounds like some thing from star trek, but what actually is it for germany's economy minister, it's a totally new approach to cloud services. perhaps the most important spray sion of europe in a generation yours are participating in ga. it's will be able to use any services from any provider in the system. that work ecosystem is key here. it's not trying to create a tech giant of its own. rather guy x. aims to be a set of standards. the new services can build on. and users can trust, they want to make sure that the space for competition is dynamic. and that the rules set are european. hundreds of companies are involved fr

obviously, tech, north or terrorism. europe is looking for a 3rd way, is quite an elegant answer to that. the real test will come when guy x. goes live. we'll soon find out if there's room in cyberspace for a european way. now is being touted as the largest 3 d. printed residential building in europe is coming together in a small bavarian village. but can the project in nearly 400 square meter apartment building hasten the construction industries. adoption of 3. d. printing technology layer by layer. this machine is putting down the concrete walls of what is expected to be europe's largest. 3 d. printed a residential building, the structure in the bavarian village and bolland house and not reach 3 storeys and has 5 apartments common distance if you can imagine a sort of piping bag like it used to ice the cake which builds up the layers. the 3 d. printer is being guided by a computer which directs the mixing and laying of the concrete. it's much faster and more efficient than human workers. according to the building's con

another busy week for tech ipos. a longtime tech investor also an investor in the new public retailer wish. he will weigh in on the first big tech company to fall below its ipo price in a moment but first, u.s. stocks notching a solid game to close the year and we are getting breaking news that a committee of independent experts at the fda at voted to approve moderna's vaccine. they have been meeting with moderna executives all day long and this committee recommending that the fda approve moderna's vaccine candidate. this is not an official approval but it is likely given these independent experts have given this the green light. this is huge. katie, are we seeing any market moves on the back of this just yet? >> futures are not yet open but i imagine they will take that positively especially since it was a risk on day in markets even though congress is locked in a stalemate over that stimulus bill and time is running out to pass something by year end. it was small caps that led the charge with the russell 2000 closi

we'll talk to long-time silicon valley tech investor of s.b. angel, also an early backer of oth companies. first, u.s. stocks fell for a fourth day. the likelihood of a second new york city shutdown painted a bleak picture of the short term. we have more. give us a roundup. reporter: it's interesting. earlier in the day there was a very bullish tone, optimistic tone, maybe set last week by those i.p.o.'s were talking about. by the end of the day, big moves lower for both of those stocks. a bit of a pullback on friday as well. after airbnb up more than 1 pun%. on oday the s&p 5 pun vaccine optimism. the fact it's being distributed. the fact that there is no stimulus passed weighing but probably the bigger news, governor cuomo saying new york city could be shut down within a month. that brings back the reality of the virus in the near term to investors and we see the s&p 500 down about .4%. the dow transports though really underperforming. down 2.3%. this is of concern because back in january when the virus first emerged in china, the dow transpo

opportunities outside of the classic tech. and tech has done well, nasdaq has, to look at clean energy look at electric vehicles. some of those leading etfs up 100% this year we think this is just a start and a lot more of that trade to go >> that's one area that people point to as a possible bubble, right? ev that doesn't make you in any way -- i mean, yes, they're up a lot. like 100, if not a lot of hundred of percents. that makes people nervous thinking we're in a bubble >> if you look at the valuations, it's a pe multiple the evaluation and when you have some of the clean energy companies growing at 30, 40, 50% of the year, they canover co overcome some of tho challenging valuations when it comes to electric vehicles, if you look at the long-term chart, we've always circled 2020, will -- it's a trajectory just about to take off. >> scott, can i just say one thing? clean energy, can you make a lot of money and a lot of money is being made, without evs, which i do think is a double not all the ev cars will do w l well i own

commission is the threatening tech giants with fines of up to 10 percent of worldwide turnover that is if they don't bring order to chaos on digital platforms mark zuckerberg and other tech bosses control troves of dr and platforms on which thousands of companies and millions of europeans rely on his competition commission vestavia on the new digital services and markets act now we have such an increase in the online traffic that we need to make rules that put order into chaos all businesses operating in europe that can be big ones that can be small small ones that they can freely and fairly competes online just the same do offline because this is one where it. brussel sees the power of the tech giants as a threat to competition and democracy is more of the proposed rules for doing business in the blocks $27.00 countries from. the european commission used in advance callender should announce its updated did to chill groups a long awaited chocolate treat for many people some say this new legislation could change the internet as we know it and limits at least in some parts the enormous p

emily: you have been covering tech a long time.sure you have been following that airbnb and doordash ipo's last week. the ceo seemed stunned when i told him live on air where the shares were about to open at. as we head into 2021, are you concerned about fraud in the market? we are look -- froth in the market? we are looking at a couple of companies that are postponing their ipo's until next year as they try to get a sense of what is happening in this market. mark: well, yeah, this is unusual what we have seen. i do not have a formal opinion on either airbnb or doordash. i want to look at names this year that have wrist a lot because their estimates have gone up. i look at facebook or amazon. it is not so much the rereading. we have not seen these multiples fly to the moon. the numbers have gone up. estimateseverybody's on the street for amazon have gone up materially since the beginning of the year because their revenue growth has accelerated. the cloud computing business, all three of their engines of growth, have benefited from

of tech in all different industries because it's a so comprehensive. thank you so much for compiling it and sharing it. it means a lot. >> thank you. i'm pleased to have been able to do it. >> we love it. between all three of these women today i feel like you all provided such a service for us and we are so grateful for your being here in providing what you had to the community and sharing your knowledge and experience. i went to start some of the questions and answer with the bridget and suzanne. so, we do have the first question here. if you want to turn on your cameras we can all kind of chat. our first question and this is for anyone, how can you help women of color in tech 18 to 25 in our own communities who may be onto living in boston cracks >> mrs. bridget. i definitely think that you can -- there are a number of programs and at community colleges and we partnered with our local community college. we have also partnered with some of their institutions, northeastern university and others to look for certificate programs so young women can partic

and the world's big tech giants are finding out just how much stricter doing business in europe could become in the near future the e.u. is unveiling what it has described as its biggest ever overhaul of digital market rules but is seen by many as a direct challenge to the power of firms like google facebook amazon apple and microsoft are cheaper oliver has more on the new regulations. the very simple reason that the european union have done this is their belief that the major tech and online players in the world how far too much power in the market in the european union the gatekeepers as they're called the big players are going to be under a lot of scrutiny to make sure that they it here to the rules they did to the markets act applies to this specifically to what we call gatekeepers and gatekeepers they are defined by a special rule that they fulfilled in the marketplace if a gatekeeper breaks the rules we can impose fines if it's done 7 times repeatedly we can also impose structure remedies divestiture that sort of things there's going to be a lot of scrutiny paid to acquisitions

so clean tech really an outperformer here.ing a look at the invesco solar etf shares are up more than 200%. the imomentum is behind clean tech and renewable energy specifically >> and very interesting stuff here thank you very much. interesting insight into esg funds. pippa stevens, happy new year. >>> still on deck, big tech stocks proving to be unstoppable. we layout whether tsector can keep the momentum going in 2021. >>> a live look at auckland, new you xi land. they will be the next to celebrate the new year >>> and let's get the latest from phillip mena. >> the white house says the president is returning to washington this afternoon one day earlier than previously planned. no reason was given for the schedule change, but mr. trump has been focused on disrupting wednesday's election certification in congress. >>> new york governor cuomo is allowing about 6700 fans to attend the buffalo bills first playoff game at home in 25 years. ticket holders will be required to pass a covid-19 test before entering the game. >>> finall

the digital acceleration has made tech and particularly the big tech names more indispensable, nor partf our every day lives. >> we talk about it so often the acceleration of trends in play vastly accelerated in terms of digitization for so many different industries and individuals and what that meant. and you talk so often about tesla. it's up over 700% this year. in terms of value, $340 billion and they finish up paypal holdings as well when you look at paypal # and makes it every and it is amazing to see the change that's have taken place this in terms of some of the companies and the incredible appreciation of market value to them. we didn't have the qr code, when i was living in china years ago, that was common. certainly, you use a camera to find a menu for certain restaurants and find more this year, haven't you? >> without a doubt got that down thankfully it feels natural that's why we have seen paypal and visa surge this year let's continue the conversation and bring in bob greenfield, former nasdaq chairman and ceo bob, as we just been talking about, it's been an incredible ye

this is a legal shield used by many tech companies. with more on that and the big story this week and elon musk pursuing outrage to apple to buy tesla is our web securities analyst. let's start right there. we had the announcement this week. apple speaking about a car that is coming. we had elon musk replying to a tweet about apple's batteries and what might actually happen. do you say that a partnership between the two might still be possible? >> my opinion for apple to dive ,nto the deep end of the pool it is likely to do a partnership or collaboration. and vw are two top candidates. this is a trillion dollar market . it is something were apple is not going to be on the outside looking in. they are going to get into evs. i did not see them producing their own automobiles over the coming years. initially it starts with a partnership. i view apple and tesla as the perfect match. vonnie: how do you view elon musk's response to a tweet saying he had approached tim cook who had not even taken a meeting when tesla was a 10th of the price i

o the head of our georgia tech research institute is in attendance. that organization alone does about $750 million in research grants, a lot of that classified work with different agencies in the government. the overall institute does over a billion dollars of grants every year. we're very proud. not all of that, of course, is funded, but most, the bulk of that, is. so we take issues of protection of our ideas and intellectual property very, very, very seriously. at the same time, we attract amazing chinese students,s, undergraduate and graduate students, some of whom join faculty ranks and contribute to making american science and technology the way you described it, the most competitive in the world. so help us figure out a way, how can we even frame these seemingly incompatible objectives of continuing to leverage that advantage to bring all that talent in without putting our national interest at risk? >> yeah. so it's the exact right question and it is not a simple thing to answer. what i can say with certainty is that we've had the balance compl

those are the headlines all hail the lockdown track it when tech tools go viral vox show is coming up next on al-jazeera thanks for watching. us there are we realistically how can you do it institutionalize corruption in this country if we listen if this breaks up into a conflict between pakistan and india this has implications for the rest of the world we meet with global news makers and talk about the stories that matter. i don't most every stage of this pandemic technology has played a major role in keeping us going i can't go to the office because of the lockdowns work with colleagues of us like need hand sanitizer facemask all of the next day delivery on amazon school or university closed classes are now happening. from the monday in every day aspects of life grocery shopping at taman chatting with friends and family to the much more difficult task of trying to track and control this virus big tech has been front and center but in a world where technology has already been developing too fast for regulations and even academic expertise to keep up it seems the pandemic has left us

huge long term into long tech. what do you do? kim: i am all in on tech.t is some thing i've talked about for years. it is what i did first as a professional, which a software engineer. technology is the only way people can be more productive, and businesses have been spending more and more over the decades on technology. i think it is a no-brainer for big tech. it is about what they do and what the value is. i think that is what investors really have to concentrate on. what value does a technology bring to the end user is key and whether or not is a successful technology investment. guy: the european union and the u.k. today have both announced big regulatory changes in the way they are going to approach big tech. if we see a similar thing in the united states, and maybe that is going to hang on what happens in georgia, what is the story, and how different is it from an investment point of view around these companies? kim: for the very largest companies, and we will talk about the top five, i think more social media might be affected in the long run, but

launches a huge crackdown on global tech pretty controversial this one like facebook. domination in the way. washington. i'm talking about this to the horrors of see. on the front line in russia medic you've got a lot of followers for posting sketches from a coronavirus. coming up you can see. we've just finished a 3 hour operation it was our 3rd today this was my last picture my last but one working day. i just turned 11 am the 16th of december in moscow. martie international's world news h.q. kevin owen here next great of a company that. first denmark's defended a new law to effectively classify muslim migrants separately in crime stats critics say the moves clearly racist but the country's immigration minister whose father is ethiopian indeed explained why it's needed this new designation will provide a more honest political discussion about the minority of immigrants who create very great challenges there is a huge difference in how immigrants from thailand the philippines and latin america fare in relation to people from for example the middle east and i do not th

what is really important is that we bring the tech industry -- we bring more tech platforms to help smallnd medium businesses airbnb, paying the mortgage and rent through being able to build a treehouse in the backyard or any number of different ways you can develop airbnb. that is important, because the technology is going to shape us and get us out of the recession to build the images of the future, including s&p's, but we need to get there. that is what is really important. emily: now, you are a beautiful post -- you wrote a beautiful post about your investment in airbnb. some of your colleagues didn't think it was a good idea -- who wants to rent out someone's couch? it has been a long 10, 12 years since they started the company. what makes airbnb and ryan and the team different, given the ups and downs and the lowest point back in march? reid: well, it wasn't a surprise to you, probably, in a number of other people, that when i launched my podcast, i made ryan my very first guest because i learned so much from him how to do this. what i learned is that they didn't just treated as the

let's check in on hong kong tech stocks. against the background over fears that the antitrust movement against alibaba will spread. 1.6% gain. we also have the new zealand up.et therea at the moment under this great name of the antitrust regulators and china that it spread could be responsible for the selloff of late. this is bloomberg. ♪ juliette: it is almost 11:00 a.m. in singapore and hong kong. welcome. rishaad: here's a look at the top stories. asian markets up as investors welcomed relief measures in washington. the nikkei 225 reaches 27,000 for the first time since 1991. juliette: the eu government indicating support for a sweeping deal with china. this has been promoted by president trump. exchangethe hong kong has still not identified a new leaving.h charles li juliette: checking in on markets. investors continuing to cheer the u.s. aid package which saw global markets hit records. all three of the indexes in the u.s. rising on the back of the positive momentum as we see an uptick in u.s. futures as well. crude oil

and investment analyst and the co-host of the china tech investor podcast he says the tech companies are now rushing to create complete work ecosystems online. slack is really a collaboration and a chat app it's what millennial and gen these are using instead of email but what we're seeing in this is this is what microsoft teams have kind of created oracle a lot of ways and what sales force is really trying to build is the platform an end of remote work so the idea of creating a full ecosystem with a chat with c.r.m. with your h.r. with your finance and basically everything on one digital cloud ecosystem so that they can run their entire company remotely centrally in a lot of areas these letters when they were neglected even though everyone knew they were kind of going to become more of the new normal over time but now everyone sees it right so you know whether it's me or you are or anyone else who is working from home we're actually seeing how important these tools are and businesses themselves are saying how important these tools are. the advertisements a few years ago for some of

facebook, google, amazon, has big tech gotten too big?s dodd-frank legislation, which some in silicon valley have been advocating? gary: you can't generalize on facing regulation. sometimes you can be very big and not regulate -- need regulation. sometimes you can't be very big and need regulation. one of the big barriers is, can people compete with you? ,re you vertically integrated therefore do you have a huge competitive advantage because not only are you providing one product, but the product leads you to another product and another product and another product, so therefore, a new startup couldn't get there as quickly as you, initially? and also, are you competing against other businesses that are regulated now, so are you therefore on an unfair or not a level playing field? and if you start answering those questions yes, you should be regulated to look like you are on a fairly level playing field with the existing companies that are regulated today. emily: my conversation with gary cohn, former national economic council director. cas

the eu warning that it may break up big tech. the threat comes as brussels publishes its draft of two pieces of tech regulation. commissioner vestager we hope will be joining us very shortly. danske seed their stock rise, but starting to push back. the european commission president says it is likely that the first europeans will be vaccinated by year-end. this is ursula von der leyen -- this as ursula von der leyen faces criticism for the region's slow approval process. 0.2% of 1%. the mood music continues to be more upbeat when it comes to brexit. the ftse 100, the kind of flipside of that, the mirror of what is happening here trading down by 0.3%. continues to be, according to the bank of america fund manager survey, the biggest underweight out there. u.k. stocks continue to be under pressure. we are continuing to watch what happens with what the bond market on both sides of the it is going doing to be critical? -- are doing? it is going to be critical. we've dealt with the ecb. the fed's next, and it will be a massive moment t

regulation was there any input from tech companies as they say they'll be affected by it. yeah great question well i have as with any legislation there's always a phase in which public and other stakeholders are allowed to provide feedback about about the idea and of course the companies had something to say google thinks it's about idea and that's really saying that this is going to drive up prices for users their logic there is that if they are forced to pay heavy fines or to dry drop out of projects and wished they've invested heavily that they're going to have to pass those costs on to their advertising prices they also said that they actually welcome clarity about what to do about hate speech but that companies need to be given enough time to respond to instances of hate speech before being held financially liable and then there was apple who said that the the legislation is too wide sweeping and that a company that makes tech devices like they do shouldn't be handled the same way that social media giant like facebook should be ok so no euphoria there just yet and of

tech has been the boom this year , continuing the stock rally. it has been all about tech.hen you look at facebook and google, these regulatory models and backlash, is this going to affect other risk assets? is this video syncretic to facebook, google and the tech space? eleanor: certainly, i would argue that these are not new situations in regards to technology companies being attacked in the legally greener -- legal arena. it is expected that there would be cases going on worldwide. they are particular to these very large tech companies. perhaps, they grew at a time when people were not prepared with the legal framework to prevent them becoming quite as large as people feel comfortable with. i would say it is in the price of tech that there's a risk of attack on their side, the number -- their monopoly status. indeed to seeng the reaction on facebook at the moment. it is relatively muted compared to previous reactions on legal cases. thedon't necessarily have same level of potential accusation for monopoly and other sectors of the economy at the moment. the reason those c

tech giants are threatened with huge fines, as the eu, uk and the us make the likes of facebook and google more responsible for their content. london is to move to tier 3 restrictions from wednesday, with business groups warning the move puts over 160,000 hospitalityjobs at risk. and fully charged for a greener future: the world's biggest car makers get together for this year's electric vehicles summit, hoping to reach an agreement to move the industry into the fast lane. let's start with some big developments happening in brussels today, with tech firms bracing themselves for another round of european regulations as the eu unveils its digital services and digital markets acts. the european union says the new legislation will "overhaul" the digital market, including how tech giants operate. it will focus on competition and making platforms responsible for hosted content. it's notjust the eu that's clamping down, here in the uk the government is bringing forward a new bill which could see tech giants fined up to 10% of their global turnover, if they fail to protect users or remove harmful c

business the european union rolls out its look print for digital services what will that mean for tech giants monica jones has that coming up. in the far north. it's lonely. and breathtakingly beautiful. arctic to. take a journey around the north pole profiteers and talk with people experiencing a changing environment will be ice disappears earlier and it keeps retreating our future depends on what happens here. in northern alliance with the arctic circle starts december 21st d.w. . phenomenon or threats to the global economy china continues its astonishing recovery from the coronavirus and dam expand outpacing other major economies we talk to our china expert clifford coolant also coming up the e.u. says it's time to limit the power of taking giants the european commission is about to unveil new rules for the digital sphere. and with coronavirus cases in germany spiraling out of control and a tougher lockdown looming christmas shoppers are clogging the high streets for last minute gifts. come to do business and want to get johnson good to have you with us and we're starting with news

we face track it when tech tools go viral episode 3 of all hail the lockdown on al-jazeera. as joe biden prepares for the united states to re enter the paris climate treaty boris johnson and u.n. secretary general antonio terrace co-host a virtual meeting of world leaders we'll bring you live updates and in-depth reports as countries struggle to meet their climate targets special coverage on al-jazeera 'd. the white house piles the pressure on the f.d.a. to approve pfizer's coronavirus vaccine for emergency use across the united states . from doha everyone i'm kemal santa maria this is the world news from al-jazeera president elect joe biden's unveil more of his top picks for cabinet posts just 40 days to go now till he's sworn into office. we will reduce emissions by at least 55 percent by 2030 the european.

algorithms big data artificial intelligence these days the tech industry seems to have a fix for almostevery problem we face and while many of these tools have made our lives it is usually easier more efficient even more fun we've also come up against something called technological solution is a concept to seize technology playing the super hero and savior you know with every situation tech writer and intellectual it's getting results has been writing about it feeds so it's something that i saw. the dominant trend in are we think about the the actual technology and the way in which we think is defined by and large the growing silicon valley and digital culture that sort and out house data and by and large this is an imagination that's the early on straight imagines problems b.r.d. narrowly defined so we're being told for example that climate change is a product it's not turning off the light and we're being told you know it's the consequence will follow not be cycling properly and since the problems that we find in the rather narrow way it's very easy to single a solution that will solv

vaccine developed by bio on tech and now approved by the u.k. marks a technological breakthrough and could be a revolution for the entire pharmaceuticals industry we'll talk to one of the company's 1st investors. also on the show distributing that vaccine will be a big challenge a look at how germany's flag carrier is gearing up to fly it around the world. and farmers in india have taken to the capital in protest over new agriculture reforms now delhi says it's ready to talk. alone welcome to the show i'm stephen beardsley in berlin and germany has extended its partial lockdown until january 10th dealing more bad news to restaurants bars and clubs the not unexpected the decision means more anticipation for a vaccine approval and hopes there are rising following the u.k.'s approval of a vaccine made by a german firm biotech and partnership with the us jug drug giant pfizer that's a breakthrough that could not only rescue economies but revolutionize the pharmaceuticals industry for years to come. it's not much to look at from the outside but what'

tech companies.ecause over in congress, in china people have heard the argument that, oh, well, u.s. congress shouldn't be worried about u.s. tech companies. they should be worried about chinese tech companies but now chinese tech companies are coming under scrutiny as well so maybe there will be a little bit of a leveling of the playing field when it comes to all of the regulators >> universal campaign brewing on all sides of the world eunice yoon, thank you very much and happy holidays >>> coming up on the show, the nba postpones a game because of covid. and fines a superstar for a protocol violation those details coming up. >>> today's big number 77.9%. that is how often the s&p 500 is positive in the seven days following christmas eve dating back to 1950 the santa claus rally in the eredbo 1er christmas has avag aut.3%. no one likes to choose between safe or sporty. modern or reliable. we want both - we want a hybrid. so do banks. that's why they're going hybrid with ibm. a hybrid cloud approach

to some stuff on the world's tech titan's the e.u. 1000 major overhaul of digital market rules which could see massive find some online giants who use their dominance. not to me puting congratulates that joe biden on the victory in the us presidential election i'm expressing is russia's willingness to work together it's off to the us and like joel college declared and the winner. activists say a new crowd control tactics by french police dubbed smash and grab are a mass violation of human rights and press freedoms. and the turkish president heads out of washington for sanctions imposed over ankara's purchase of a russian missile defense system. or initiative that we expect supports not sanctions from our nato ally the united states of america it. is. a very warm welcome it's 10 pm here in moscow and you're watching r.t. international with me. on our top story the world's big tech giants are finding out just how much stricter doing business in europe could become in the near future the e.u. is unveiling was described as its biggest ever overhaul of digital market rules but seen by man

light when it comes to tech stocks. the s&p, hitting another record. tech, up as well.ners, doing particularly well today. you had a sloppy to your option earlier. option earlier. live from new york, happy monday, everybody. this is bloomberg. ♪ >> i'm karina mitchell. let's get the first word news. they are be nations have unanimously approved closed brexit trade deal with the united kingdom. welcomed it. it is still under approval and set to be approved by the legislature. runoffsgeorgia that will decide control of the u.s. senate begin their final stretch this week. president trump heads back to georgia to appear with david perdue and kelly loeffler on the eve of their january 5 runoff. none of the candidates manage more than 50% of the votes in november. thailand has reported its first coronavirus death in nearly two nears after a resurgence the capital continues to infect more people. a 45-year-old man who had a pre-existing heart condition died today. it was

ashley gold covers tech for axios. thank you both for being on "the communicators." >> guest: thank you, peter

and tech having a banner year. nasdaq surged 43%, its best year since 2009 with more on how to position yourself for 2021, savita subramanian joins us with bank of america securities. great to have you. thank you for joining us clearly, phenomenal market performance this year, particularly for the tech stocks does tech lead again next year >> i think tech can do really well next year but i think the leadership we saw this year is not likely to replicate. the reason i say this is that if you look at positions, if you look at valuations, if you just look at the sort of crowded elements for these technology leaders, you know, there is not that much buying pressure. you know, the world is already long tech. i think there are other parts of the market that look incrementally interesting as we move to a more reopening economy. our view is maybe you buy -- you continue to buy gdp-sensitive tech so companies that benefit from unit volume sales growth this could include some semiconductors but the story for secular growth t

tech companies.ve talked a lot about. we will continue to do that with laura cooper. ♪ welcome back to the european open. we are 54 minutes into the session, looking at slight gains on european equity indexes, with the ftse, cac, and i backs up about 0.33%. joining us is laura cooper. today on the blog, they are asking the question, what does the facebook suit mean to the risk rally? what kind of feedback are you getting, laura? laura: good morning. i don't think this news is flashing a sell signal across indexes. i think it is company-specific, but it does come at a time when the tech sector was already ripe for a rally lower. the nasdaq did have 10 consecutive days of gains. we overbought signals for the first time since september. this is up against frost evaluations. new york saying the index is up about 90% this year compared to about 40% for the s&p 500. there is a catalyst needed to take this lower, but i don't think it is a story for broader risk sentiment now. it might be over the longer-ter

but big tech is leading big marks as usual >> yeah.e spent most of the morning, jon, talking about the market dynamics overall, the vaccine distribution, the conditioningtiaconditioningressl stimulus and the way banks have shown leadership nice to carve out time to talk about antitrust. o than point, it's been such a big story over the last eight or nine weeks, we're joined by julia boorstin who has a very special guest. >> thanks so much. i'm joined now by the u.s. district attorney for the department of justice and he is talking with us today. >> good morning, thank you for having me, julia >> so so much has happened in the last several weeks in terms of antitrust action, most recently we got news that the doj's suit against google which you started years ago, it won't be heard until 2023. is that too late will things have changed so much dramatically in terms of technology and market dominance by then? >> well, it's going to be something we're going to have to take a look at i think all policymakers including congress needs to look

legacy tech.stock but at least they have businesses growing super fast that could make the stock go up for fundamental reasons. >> dan, to round things off clearly there is a big shift in the theme of your top five picks for 2021 fired to 2020 as we have been discussing are you also outrate bearish on the nasdaq or the big tech outperformers of this past year? do you expect them to pull back 10%, 20% >> i think if you have a view that stimulus has driven the market, we wrote some of the stuff on dan niles.com so there is a lot of detail there for investors if they want to look at that. if you believe inflation is going to be an issue next year and rates are going to go up and given money supply is up 25% year over year -- if all of that stuff starts the become more problematic, then you have to believe multiples compress so, yes, i'm definitely on the more cautious side i am definitely thinking, where can i find value in tech, which is why oracle is in there, for example. yeah, i am a lot more con

foreign policy but i would argue that it's closer to being in the high tech terrorists this disclosure is not just an attack on america's foreign policy interests it is an attack on the international community wiki leaks walks like a hostile intelligence service and talks like a hostile intelligence service but sarge is a narcissist who has created nothing of value here lies on the dirty work of others to make himself famous he is a fraud a coward hiding behind a screen 10 years that narrative ron but is it all about to change is it actually that the whistleblower was more concerned about the collateral damage of his exposé than washington itself a new t released tape has revealed a song just tempted to warn the us state department and then boss had to reclaim 10 back in 2011 not only does it seem she had to mold the cools she went as far as this key has to answer for what he has done so what was the motive for helping a firestorm was coming in the form of a rogue wiki leaks employee online. i think over time. because. it came. right kate. spread around. to. the degree that. we probabl

buy on tech would be even a marketing offer arise ation holder fava e.u. u.k. and the us and various other countries a lot esteemed part not 5 with do of the marketing of a marketing and of a distribution in these and various other countries. let me briefly show you a high level overview about johnny and the last couple of months we called our development program for a covert 19 vaccine project light speech because you can't go faster than light and this was what we aimed for the steer any started in january vess year and was devoted to vote development of in very top rated and effective covert 1000 vaccine following the highest scientific and ethical standards this was a journey of 111211 months which started with engineering my to peer potential candidates fixing candidates of which several entered clinical testing phase one in a previous year in july we selected to cover with our partner fires are one of those candidates the most promising one for phase 3 trial and in november of this year we quite report fet in this trial a lot of x. in hazmat odd primary e

alix: tech in the u.s., up by 1% on the nasdaq.uropean union is set to unveil sweeping tech regulations tomorrow. they could face fines of 10% of their annual revenue there. bannempanies will also be d from using data to favor their own services in the search rankings. natalia is with us now. talk us through what we know that could be in this. natalia: yes, there are two sets of rules that will be proposed tomorrow and both of them could basically hit the big tech giants with fines. the first set is the gatekeeper regulation that you mentioned, in that, the companies that will be deemed gatekeepers, those with the power to control distribution in their markets and where business users rely on them to reach out to their customers -- those companies will be banned from seeing their own products in rankings and are they will not be able to use data from competitors to compete with them. it'swe are hearing that 10% and 6% of revenues at risk. are those numbers higher than anticipated? natalia: i think to some degree the 10% makes sense

getting tough on the world's tech titans the e.u. unveils a major overhaul of digital market rules which could see massive fines for online giants who abuse their dominance. activists a new crowd control tactics by french police dubs smash and grab are a mass violation of human rights and press freedoms. but an appearance in congratulates joe biden our victory in the u.s. presidential election and expresses russia's willingness to work together as after the u.s. the electoral college declared him the winner. is . a very warm welcome to you you're watching r t international with me to karen. now the world's big tech giants are finding out just how much stricter doing business in europe could become in the near future the e.u. is unveiling was described as its biggest ever overhaul of digital market rules but seem by many as directly trying to rein in the power of therms like google facebook amazon apple and microsoft are to use that piece all of a has more on the new regulations. the very simple reason that the european union have don