we talked about the sort of -- you write at length about the culture of telecom. we talk about the culture of washington. what is the culture of silicon valley. how does that play into this? what is their intent and their master vision? >> host: google and facebook for me are like espn, these successful content companies without which the infrastructure guys can't survive. you have to see it as a powerful negotiation who gets to pete who up. they can beat up the communications companies. the need each other. they are sort of an lockstep. so for those companies they are not going to rock the boat with this particular policy problem, monopoly infrastructure. they don't want to say go get that monopoly because they don't want to be in that same sentence. so if you are saying sebelius on facebook they keep the status quo in place. they are like the bullies in the schoolyards who are all in their particular corners and the of their markets and they don't really beat each other and so the status quo is locked in place with them to that i am hopeful there is another which

maggie, what do you make of the telecom story at the moment?good sign for t-mobile in terms of being able to rebound and start growing at subscribers. they still have work to do on, you know, their earnings, but from the perspective of subscriber growth, this is great news for them. they have consistently been losing subscribers to the big players like verizon and at&t. so this is a good trend for them. >> do you think that we're going to see a full sale of t-mobile at any point in the near future? >> we could. i mean, you got dish network that is really searching for a partner. they have about 40 megahertz of wireless spectrum they need to put to use. and they don't want to build their own network. they tried to acquire sprint and clearwire earlier this year and failed to do that. and now t-mobile is the only dance partner that is left. so, you know, charlie ergan, who is, you know, head of dish network, has said he could possibly be interested in some kind of acquisition there or some other partnership with somebody else. so, you know, i thin

what are the origins of common carriage and how is it executed by the telecom companies? >> guest: this is an ancient regime and goes back to keep operating in the era in europe. the ideas when you hold yourself out to the public and providing an essential transporter communications facility, you are subject to public obligations even though you are a private company. so the whole idea of common carriage which actually came not only from their pet travel through railroads and the telephone industry in 1910 is that in exchange for essentially a private monopoly to provide people with services you take on public -- to charge a reasonable rate to serve everyone and to not discriminate when it comes to content. so yes this regime which still exists in law but has not been applied to the cable companies would if applied to our high-speed internet access picture in america fix our problems. >> host: now what are the threats? the threats are just the digital divide and we will get to that but i want to focus to begin with, notion of free and open internet and democracy not just t

and so we have the state of rural telecom, we have the state of wireless telecom, the state of wire line telecom and the fourth one, let's see, i'll have to think about what that is. nonetheless, the idea is to -- we have a lot of new committee members, subcommittee members, about maybe 25, 30% are new. but let's kind of hear from the industry, hear from all the stakeholders, let's try to get everybody sort of acclimated to the issues, understand where the issues are, get the state of play. that's why we call them the state of hearings. once we get these four done, which we have, we can move forward. state of rid owe was the fourth one. state of video. and once we get these four done, then we have laid the groundwork to look at legislation. the one thing the subcommittee has to do by the end of next year is stella which is the satellite reauthorization. you all know that, and it sounds like your audience here is a pretty sophisticated audience on telecom and all the things about all this, so they probably know what stella is, but that's the satellite telecommunications law. that means if

it does so in conjunction with the telecom company. it is designed to look at communications that originate or end abroad. officials say the broad reach will be incidentally interce intercepted. the programs do have code names such as brarn knee lithium storm brew and others. it defends the practices as legal and respectful of the privacy. if communications are represented during the lawful activities the agency follows minim minimalzation and designed to protect the privacy of united states persons. last week we learned the nsa preached privacy rules and over stepped the legal authority thousands of times over since 2008 when is when congress granted new powers. >> confusion over what the u.s. plans to do ore aid to egypt. they will suspend it on a temporary basis. no decision has been made. president obama convened a meeting of top officials to talk about it yesterday. the prime minister says it was a mistake but it would be okay without it. >> the attorney general is being evaluated at the anderson cancer center in houston. one of th

the company's sfr telecom unit dragging on performance. ne and spiritmaker pernod ricard had a 6% operating growth. and we'll have an interview with the cfo of pernod ricard, gilles bogaert. and l'oreal reports its first half earnings after the close today here in europe. stock just down slightly. and tomorrow you'll hear stephane's exclusive interview with the ceo of l'oreal, jean paul agon tomorrow at 7:30 cet. don't forget as well, yeah, there we go. right. let's get more on all of those earnings. stephane joins us. stephane, let's kick off with carrefour. been doing very well. where was the surprise here? >> in france, ross, because the company has been trying for years to rogaine market shares in france. and they finally made it. carrefour posted a 75% increase of its operating income on the french market. and that is really important because it makes 40% of its total business out of france. it is the main market. and that is 75% increase in operating income, upset the weak performance in europe and mostly in spain and italy. and also

kpn at the top top after carlosm makes a bid for the 70% of the dutch telecom group it doesn't already own. the s.e.c. could reportedly settle its case with jpmorgan in the coming months over the london losses with a rare twist of admission of guilt. and richard fisher in an exclusive interview on cnbc joins the chorus of central bank officials calling for the eventual end of the fed's massive bond buying program. >> if things go as the committee expected, i would expect us to dial back. we'll have to see what the data and the feeling is between now and the time we next meet in september. >>> all right. warm welcome to you. the last "worldwide exchange" of the week. and we kick off with the iea. oil, latest oil report. wti futures narrowing the gap with brent amid surging u.s. refining runs and crude draws. they say global oil demand will accelerate in 2014 to 1.1 million barrels a day. that compares with .9 in 2014. the forecast of demand growth been trimmed slightly from previous estimates. global supply, they think will also increase just a little bit, led by higher nonopec producti

>>> and shares of kpn plunge after carlos slim and america movil says it could drop the bid for the telecom group following a dutch foundation's move to block the takeover. >>> zurich insurance says it is looking into whether undue pressure was put on its late cfo before his death. also confirming the presence of a suicide note that mentions joseph ackermann. >>> hello, welcome to the last "worldwide exchange" of the week. plenty to get through, though, on today's program. l'oreal jumped. is the world's biggest cosmeticmaker putting on the final touches to buy a stake of nestle. >>> hamburg is one of the world's busiest ports. we'll be in hamburg to discuss at 10:35 cet. david cameron says he won't override the british parliament of syria, we'll speak to a former u.s. ambassador of saudi arabia to get his take on the latest developments. robert jordan at 10:30 cet. while politician disease bait military strikes on syria, won atack push oil prices to record highs as prices are steady after midweek surge. more on than in an hour and a half. august comes to a close, we'll look at what kind of

lawyers at the telecom companies are sort of gate keepers. it's the lawyers who first try to decide what information the nsa is supposed to get. >> joe, thank you. speaking of the nsa, of course, we reached out to the nsa for response. a spokesperson says this. let me read this. nsa signals intelligence commission is centered on defeating foreign adversaries who aim to harm the country. we defend the united states from such threats while fiercely working to protect the privacy rights of u.s. persons. it's not either/or. it's both. that's the nsa to us here at cnn. >> there is murder, mayhem on main street usa every day of the week. but you hide from that. you don't face up to that. and you let your congressmen and senators escape and dance around the bush. >> provocative words from someone who's calling for a boycott of the united states. all of this today after police say teenagers killed a college baseball player because they were bored. well, my panel has something to say about that. that discussion is next. >>> plus, as if this dad and dau

look at the sectors. telecoms in the spotlight up 3.2%. oil and gas best performer yesterday was weaker. british parliament says we'll wait for a vote post the inspection. vodafone, this stock up 8%. up nearly 9% already this morning. and here is the thing, investors and some brokerages are saying the shareholders for vodafone are looking for a price tag of not 100 billion. that's why they say vodafone management should be focusing their discussions. if they do that, if they can agree, that's a big if, of course, they're talking about an up-front 20 billion special dividend to investors. vodafone would consolidate more on internet and telecoms play in europe. the other stock up 3.7% today. global revenue up 7%. strong growth in u.s. and uk upsetting europe. the argument for vodafone, 120 a price tag they're talking about. back to you. >> okay, thank you for that report. we'll see where that transaction goes. big news in the uk and this side of the pond. the u.n. chief saying that inspectors in syria will continue their investigations until

what does your evolution into this, from the lumber generally to telecoms specifically? >> guest: i cannot this to the internet site. i represented yahoo! back when they were cool and i really cared -- they are cool again now. it's the most important idea of my time that you can introduce a new service, a new business without asking anybody for permission because there is the standard protocol that lets anyone talk to each other across the road. that's amazing. so i was so fascinated by that. i thought this telephone and cable guys were irrelevant. and then they rose up. i spent 10 years in their vocabulary, learning the acronyms, trying to figure out what they were up to. now i understand what they do and now i see that it is just about power and money and these natural monopolies in size and scale that make it very difficult for any competitor to enter. all of this spending is in the service of that internet ideal, which is world shaking, the idea that a farmer and molly can sell things online. and they can reach any size audience without some gatekeeper getting in the

companies like british telecom here in the u.k. i don't think there's going to be many people that would trust them anymore because they've obviously been complicit in this obviously all these companies have to bide by lawful incept laws but they've got above and beyond just like i just love rise in a level three the backbone of the internet is effectively bowed down to the intelligence community like already live in london thank you very much indeed for your thoughts on that well barack obama like not now attend a planned a summit with russia's president putin next month according to the white house spokesman the issue is now being evaluated. and has further details all washington's response. white house spokesperson says the u.s. is extremely disappointed with russia's decision to grant snowden asylum he said snowden is not a whistleblower that he's been charged with a crime it has to be expelled to the united states he also said this will undermine the growing cooperation between security services of the two countries while mosc

and so for that reason, we put telecom italia on the list. hink there is a lot of pressure on telecom italia to address their financial situation. and they're in a situation really where they can't afford to stand still and not do anything. what form that's going to take, whether they sell a chunk of their business to a competitor, whether they do some other sort of restructuring and what the regulators in italy allow are all question marks. but we feel at the moment that sentiment and share price on telecom italia does not really reflect fundamentals anymore, that the sentiment is just so negative on telecom italia because of their exposure, of course, to italy and also because of their financial situation that we feel that this is a company that has some upside potential and we're likely going to see some corporate actions around. >> dan, just very quickly, do you not believe markets are get a little too frothy for further m&a activity, you know, with companies realizing we don't want to pay big premiums anymore? >> you know, we don't think

>> the types of companies whether it is the government, the telecom industry that says they are using things like that. that stock is up heading into the close. david: airlines down again today over concerns of the government squashing the deal between american and u.s. air. what is the latest? >> jpmorgan came out and downgraded a few of them. some reasons they are down again today. david: the bells are ringing, they are still cheering on wall street. iyou think how the market has performed since the beginning of this year. only six times in the past 40 years, by the way the market has performed as well as it has over the past six months. a down day once in a while is not necessarily a bad thing. liz: time for the top headlines in the past hour. new fed's talk on monetary policy, a voting member of the fed policy committee says the fed should definitely have more data before it decides to taper its effort. david: oversees it has been a bloody day in egypt. at least 149 people have been killed in clashes between security forces and the supporters of mohammed

how would it be executed by the telecom companies? >> guest: this is an ancient regime and goes back to people operating in the midi folk there an year. the ideas when you hold yourself out to the public in providing an essential transporter communications facility you are subject to public publication even though you are a private company. so the whole idea which came but then travel through railroads and reaches the telephone industry in 1910 is in exchange for officially a private monopoly you don't just provide people with services. you take on public words to charge a reasonable rate to serve everyone and to not discriminate when it comes to content. so yes this regime would still exist in law but it has not been applied to the cable company. it would have the plates for high-speed internet access in america and fix her problem. >> host: what are the threats? the threats are the digital the five great i want to focus more to begin with on the notion of free and open internet that threatens democracy not just of the divide but of t

we have the state of wireless telecom and wireline telecom and the fourth one let's see i will have to think about what that is but nonetheless the idea is to group we have a lot of new subcommittee members, about 25 or 30% are new. let's hear from industry and hear from all all the stakeholders and try to get everybody acclimated to the issues and understand where all the issues are and get the state of play. that is what what we call the the state appearing so once we get these for done which we have then we can move forward. the status video was the fourth. the status video. once we get these for done than we have laid the groundwork to really look at legislation. the one thing the subcommittee has to do by the end of next year is stella which is the satellite reauthorization. it sounds like your audience is a pretty sophisticated audience on telecom and all the things about all this so they probably know what stella is but it's the satellite telecommunications law if you get dish or one of the other networks, satellite networks than stella is going to govern. the question is do we

the u.k. snowden's latest revelations show high leading telecom companies and their clients data to british intelligence which is funded by america's controversial spy agency . a prisoner held without charge at guantanamo bay accuses guards of carrying out procedures that amount to sexual abuse critics say the invasive searches gives to break the results of the inmates. and iran's new moderate president hassan rouhani is being sworn in before parliament these are live pictures as dozens of u.s. senators call for yet more punitive sanctions on the country. and i welcome you watching our take with me. now an american judge has found private bradley manning guilty of almost all charges against him the former intelligence analyst now faces more than one hundred thirty years behind bars for what's seen as the biggest leak in u.s. history the soldier was however cleared of the most serious and controversial charge of aiding the enemy so let's take a look at the timeline of events surrounding manning it all started when he was deployed to iraq in two thousand and nine several months later he exposed to the wor

the necessity to get that kind of equipment in there to restore the grid, the water system, for the telecom it is something we are still struggling with and we are working with on a daily basis. >> thank you, mr. brig. >> every exercise i've been involved with, managing information and communication is easily no. 1 or 2 on the list. in the heat of an event, information is flowing in, there's usually no shortage of information rtion it's translating that to something credible that is the challenge. usually 50 percent of that information is wrong and untimely. before a unified command is established and you have various city departments or regional groups that are working together before the unified command has been established, coordinating field work in 4 counties is usually awkward. until that central message gets pushed down and all the groups are rowing together, the field, when you are dealing with the geegraphy we are dealing with in the bay area, that field coordination is always difficult in the first few hours. >> thank you. mr. angelus. >> verizon wireless, every time we get involv

communications companies or telecom companies already doing this but the government rely on telecom companies to collect the data then the government can go to telecom companies with specific requests should we reform like that put aside these or is there still some money comfortable this about telecom companies storing all our data and being a rubber stamp for the government and handing it over to the. the fact that private corporations in many cases military contractors conduct approximately seventy percent of united states intelligence should be of enormous concern to americans they are not held accountable to the same constitutional strictures that our us government is and the authorities who took an oath to protect and uphold the constitution are effectively being let off the hook as corporations do their big business for them and the partnership between corporations and the government is a very tight one because of course corporations produce the equipment and analyze the information that is being used to gather this data one of the big. motivators spined reform is

at 10:00, susan crawford joins book tv in an interview she talks about her book captive audience the telecom industry and monopoly power in the new gilded age. we wrap up tonight's programming at 11:00 p.m. eastern. reporting on the hijacking of western airlines flight 701 in 1972. a visit booktv.org for more of this weekend's television schedule. >> and now book tv in london. book tv interviewed virginia nicholson during our recent visit to talk about her research on women in wartime. the author of four nonfiction books, including "singled out: how two million british women survived without men after the first world war" and "millions like us: women's lives in war and peace". this is just over half an hour. >> host: joining us this week on book tv from london is of 3011. a couple of her books are about women and war. where did you come up with that topic? >> guest: well, it seems to me something that both ideas one hugely. you cannot separate one from the other and the women's movement is inextricable from the idea of war. i started out by writing a book about the first world war affect on

a-t-&t had provided wi-fi at starbucks stores since 2008, but google beat out the telecom giant when r contract expired. get the latest developments on bart and the strike threat no matter where you go with the new kron 4 news app. it is free and available on just about any mobile device; android, apple, blackberry, kindle. it's another way we're giving you more local news, the kron 4 news app, download it today. >> the giants' worst day in baseball, gary radnich has sports and extra innings. gary radnich has all the sports.... (male announcer) this is the bay area news station, kron 4 news starts now. >> you want me to look for the vodka or you going to bring it back out? if you are going to drink vodka and beer at 11am in the morning i have a suggestion avoid the muni bus shelters like the plague >> but i paid for that you taking my open container san francisco police and the sfmta are having zero tolorance for any shanagans at muni bus stop who is this? i don't want to be on tv, don't drink in the public i don't want to be on tv, don't do that! funny the police don't what you drink

>> they have a court order or a legal process that they use and then they require the telecom companies to give up the information. one interesting things we found is some of these telecom companies pushed back and they said you can only get this line that we think is a very high percentage of foreign traffic only, trying to keep domestic traffic out. it relies on the private entities to push back. >> neil: are they aggressive enough or do they say that after the fact? >> that's the question for us. i think -- i believe the sources that i spoke with on this. but all of this happens in secret, it's not like a regular legal process where there's a case and things come out. so i think that is one of the big policy questions for people. >> neil: when you get the drip, drip, drip, you feel like you do with your kids, tell me everything. get it out. i feel like the kid, i want to wait. tell me more. >> i think it creates a big question and problem with trust for people looking at this news, seeing the news shifting every couple weeks. you know, it makes me as a reporter want to find more info

these companies to at least reveal how many of their users are being affected by this but still the telecom communications companies there's all sorts of tricks that the government uses to make sure that they play ball to hand over the data that they want now first event foremost how do these latest revelations kind of jive with the previous claims that were made by the president of the intel committee that members have enough information about these programs to conduct proper proper oversight is that just nonsense do they have enough would they be asking for more if they hadn't. i mean it is piers that most members don't have near the amount i mean the president said the congress has oversight will congress if it requires all of congress to pass legislation it's not just a select group of members on the both intelligence committees that are passing legislation so all members need to know what these programs are doing if they're going to make an informed votes but what these latest revelations show is that the intel committees are acting like gate keepers denying certain members information

i like the telecom. i also like energy as well. we are completely invested all the time in 44 different countries and over 15,000 different stocks, while we have a tendency to be overexposed and keep the dividend and that income coming in, we are still invested overall in the stock market in the portfolio. ashley: larry, let me bring you win. just pick up, telecom's for the yield? or is there somewhere else that you think is showing a lot of value? >> for me i'd like to different. unlike europe. all of the cheerleading going on right now, people are severely under invested. keep in mind, you're by and large epic% on the quarter. all long way to go. they are at a recession. unlike the banking sector. here on our shores i still like financial's and materials. i'm sticking my neck out, but over the long haul we are in the baby steps of recovery, a long-term recovery that will be as easy as it was the last six months to a year, but long-haul financials and materials a great place to be. liz: we just had on schreiber on the air saying h

giants like the rise in vodafone and british telecom allowed the british intelligence agency to look through their clients' private data g c h q had unlimited access to millions of phone calls e-mails and facebook conversations come shortly after it was disclosed that the n.s.a. poured millions of dollars into the british agency securing its access to surveillance data but intelligence analysts glenmore trail harvey says that close ties between the u.s. and u.k. intelligence services are nothing new. g c h q like the n.s.a. n.s.a. very very pleased in their operations in fact there are three main locations in the united kingdom one menwith hill you know harrigan. the big dome. the stone office they call it it shows them and when stone comal these have all been funded in the main by the national security agency and the management management with still there are seven hundred fifty national security agency american employees working now so they meld together they might as well be known as the n.s.a. g.h.q. there are so close. possibility of shipments to syrian rebels. ru

it's been ugly overall for the reits, the utilities, the telecom. look, the s&p is down 2%.how us the interest-rate sensitive group for the month. the s&p down 2%. 8% decline in reits, 5.5% in utilities, 4% in telecom. that's where the damage is. when is somebody going to say bonds are starting to look attractive? here's the lqd. it's down 10% in the last month. this is the biggest corporate bond etf out there. today, the yield is 4% on this. 4%. now, i'm sure there's corporate bonds individually yielding 5% with durations not too far out there. it's starting to look attractive. that's at least my opinion. i'm waiting for somebody else to start saying that. i think bonds are poised to do well after the september 17th fed meeting. a lot of people seem to feel that way. if bonds are being sold, here's a question people are asking, if bonds are being sold and stocks are being sold in the united states, where's the money going? a lot of people have been putting money into europe in the last couple of months, but look, europe is starting to look topee. it topped out in the middle

>> when this first came out all of the telecom companies saying no access. is because most of the time the government is now copying large quantities, tear and i think the fact we see these being built just shows you how much data is available and it's a lot different world. there's such an explosion of data that that creates these privacy issues that 10, 20, 30 years ago didn't exist. >> now it's about absorbing it and figuring out what to do it bit later. >>> outrage on twitter. we will break that down. the exact wording of this tweet and the explanation the show is giving now. some u.s. movie studios have a long way to go when it comes to equal representation for lgbt roles in 2012 movies. you can read more on my facebook page. no, no, no! stop! humans. one day we're coming up with the theory of relativity, the next... not so much. but that's okay -- you're covered with great ideas like optional better car replacement from liberty mutual insurance. total your car and we give you the money to buy one a model year newer. learn about it at libertymutual.com.

the u.k. amid new revelations naming three telecom giants who allowed a british intelligence agency to look through private data of millions of clients. and in the u.s. debate over mass surveillance has swept under the carpet whistleblower edward snowden dominates the headlines. in america calls on its citizens to stay away from the middle east in light of a major al qaeda terror threat but some experts saying washington's policies in the region continue to fuel resentment. international news and comment this is r.t. within twenty four hours a day live from moscow where it's not just turned nine pm ten pm i should say there being further revelations in the ongoing spy scandal in the u.k. the world's major telecom companies have been working alongside a british intelligence agency handing over swathes of private data documents leaked by u.s. whistleblower edward snowden suggest that the rise in business vodafone cable and british telecom were among those who gave g c h q unlimited access to their network of cables and collaboration allowed the agency to harvest millions of phone calls e-mails and fa

giants like the royson vodafone and british telecom allowed a british intelligence agency to look through their clients' private data she h.q. and unlimited access to millions of phone calls emails and facebook conversations this comes shortly after it was disclosed the n.s.a. poured millions of dollars into the british agency securing it access to surveillance data for over five officer says the close ties between the u.s. and u.k. intelligence services are nothing new one thing that people tend to forget is there is an old program of mutual assistance which was called echelon which was exposed in the one nine hundred eighty men fed into the european parliament in one thousand nine hundred eight so this is a resistance to be going on for decades let's have no doubt about that and it's also been a very good way for the n.s.a. . to circumvent domestic laws and domestic warrant to requirements so they can spy on each other and then feed each other the thing the information they need back without having to go through the courts these revelations that came out in the gu

pryort week, senator mark who was share of a subcommittee, we asked him about whether or not the 1996 telecomact needs to be updated and overhauled. reservations because it'll will open up a can of worms. from the nab point of view? >> i never voted for a perfect law. there was always compromise and trade-offs. there is nothing that cannot be made better. he is right, once you open up something, the old pandora's box, unattended cousin quizzes can come out -- unattended consequences can come out. it does not mean there are not things that cannot be updated and fit with a dramatically changing telecom environment. smith isr gordon president and ceo of national association of broadcasters and paul kirby is a senior editor. this is "the communicators," on c-span. >> on the next washington journal, a discussion about the unrest in egypt. taxpayers for common sense of vice president stephen ellis talks about the national flood insurance program and how a new law is causing rates to climb. media aat, how social be used to predict house selections. those guests plus your calls and e-mails life at 7:

the surveillance. leaks leading telecom companies secretly british spy agency president to access to traffic. additional e-mails on the. debate over mass surveillance is swept under the rug along with counter snooping initiatives despite most people's apparent disapproval of it all. u.s. citizens away from the middle east due to an unspecified terror threat we look at the butterfly effect of washington support the rebellion in syria. a very good morning to you from all of us here live on a sunny saturday here in moscow. with your top world headlines a fresh surveillance scandal is unveiling in the u.k. it's been revealed that major telecom companies are secretly collaborating with the british intelligence agency giving it unlimited access to the private communications of millions of customers in fact documents naming the rise in business of vodafone cable and bt among the companies aiding g c h q to intercept much of the world's online telephone traffic all of this being leaked by edward snowden the whistle blow up comes hot on the heels of previous revelations showing the agency was generousl

news in the wireless space. british telecom company vodafone is in talks with verizon to sell 45 % stake in the u.s. joint venture. the deal could be worth as much as $130 billion. journal says it could happen within a week. is the important thing here the speculation it feels about broader m and a in the space? >> i would like to but every time i is a that david faber says, jim, it is the worse in several years. verizon will look different. verizon, if they had 100% of verizon wireless, split two company or say the landline business can fund some growth in wireless. i think people are getting too excited and verizon here. they might do some stock in that deal. they microsoft, by the way, are facing a newly competitive t-mobile. a newly competitive sprint which has been going down of late. at&t doesn't want to lose the business. everyone is so excited this reminds me of every time you get a premarket bump of the inquirer it can go back down and get a better chance. bonds may give you a better chance. verizon had been a bond mar

so i really get what's in it for the telecom industry.a harder time seeing what really is in it right away for consumers. >> well, if you think of a digital line as being able to bring you broadband video in addition to wireless services or a home wireless lan, then you start to see how digital is better service. it just is. it's more efficient. >> right, but none of that is guaranteed, though, to people. >> well, that's exactly right. so now the question becomes, okay, if we're going to have phone companies rolling out these newfangled, fancy services, what are the things we still say you have to do? do you have to provide 911 service? i would vote yes. do you have to provide phone service to somebody no matter where they live or what their color or creed or religion? i would say yes. these are basic principles we've all taken for granted because for the last 100 years, that's been the law. so i think, again, instead of saying, sorry, phone company, you have to keep the same wires you laid 100 years ago, which to me just -- it's freezing

the u.k. snowden's latest revelations show how leading telecom companies data to british intelligence which is funded by america's controversial spy agency. held without charges. of carrying out procedures that amount to sexual abuse critics say the invasive searches are used to break the resolve. of the back at the past seven days top stories and the latest developments this is the weekly. an american judge has found private bradley manning guilty of almost all charges against him the former intelligence analysts now faces more than one hundred thirty years behind bars for leaking a massive amount of classified data the soldier was however cleared of the most serious and controversial charges of aiding the enemy now let's take a look at the timeline of events surrounding manning it all started when he was deployed to iraq in two thousand and nine years later exposed the world of video showing u.s. troops killing civilians in iraq his arrest the following month didn't stop the revelations as wiki leaks published a new trove of classified data. including diplomatic cables he faced twenty two ch

the telecoms, utility, down 6%, 7% so far this month. existing home sales, the highest pace since november 2009. great news. remember, those are closings, not contracts. that's a little on the old side. homebuilders ended split. toll brothers had a good report, not a great report. new orders up 26% for them. home improvement, lowe's, historic high today on an intraday basis, home depot up, ended to the down day -- to the downside, lumber liquidators, another historic high for them. bottom line, things are doing pretty well for homebuilders. emerging markets was another weak spot today. india down 5%. and these are traded here, exchange-traded funds, india already weaker earlier in the day. guys, bottom line here, fed can't seem -- or the traders, the stock market traders, can't seem to decide whether they like the idea of tapering or not. back to you. >> all right, bob, thank you so much. as we wrap the markets with hewlett-packard results out momentarily, i'm joined by hope depot ceo ken langone. good to see you. >> how are you? you look

on afterwards in and if interview with wire magazine she talks about her book captive audience the telecom industry and monopoly power in the new gilded age. we wrap up tonight's prime-time programming at 11:00 eastern with brendan kerner reports on the hijacking of western bylines -- airlines flight 701 in 1972. visit booktv.org for this weekend's tv schedule. >> joining us on booktv is michael cader, founder of a group called publishers lunch. start by telling us what that is. >> lots of things, e-mail newsletter tells everyone in the publishing business what is going on every day. we have a web site at publishersmarketplace.com with databases and fools all the people use to find out the information they need, and get business done. >> what is your background? >> lunchtime is where people in the publishing business exchange information with each other. when the internet came along the invented this business and try to find the right metaphor for information and exchange in the digital environment, this stuck out. it was taken already. i came up with publishers lunch and people automatica

the u.k. . leading telecom companies secretly british spy agency. traffic. washington debate over. under the rug along with counter snooping initiatives despite most people's apparent disapproval of. america keeps its citizens away from the middle east to an unspecified terror threat look at the butterfly effect of washington support for the rebellion in syria. world news live from moscow it's with me rule research and welcome to the program today. a fresh surveillance scandal is unveiling in the u.k. it's been revealed that major telecom companies are secretly collaborating with a british intelligence agency giving it unlimited access to your private communications this of millions of customers documents naming a rise in business vodafone cable bt among the company's eight. q to intercept much of the world's online and telephone traffic all of this though being leaked by the whistleblower edward snowden comes on the heels of previous revelations showing the agency was generously financed by the n.s.a. let's go to london for sara firth and her latest report on. these are three big c

a state of hearings. , theve the state of rural state of wireless, the state of telecom. idea is we have , lot of new committee members maybe 25% to 30% are new. of these to get all people acclimated to the issues, get the state of play, and once we get these done, which we have, we can move forward. state of video was the fourth one. once we get that done we have laid the groundwork to look at legislation. the one thing the subcommittee has to do by the end of next year is the satellite reauthorization. it sounds like your audience here is a pretty sophisticated audience with telecom. satellite telecommunications law, one of the other networks, satellite works, the question is, do we do a clean reauthorization? just kind of roll it over with changes? start gettinglly into some politics? that is really the question. what i am hearing from the committee and subcommittee is they would like to do a clean reauthorization. this is one of those rare bills where you have joint jurisdiction between us and the judiciary committee. of course, the house has two committees there. >> j

our attention to the likes of ford, bank of america, and also pfizer, sprint, nokia, movement in the telecomhs today despite the lower market hit for names like costco, 20th century fox, dow chemical, jm smucker's, tyson foods, also talking about patterns it's seeing across the emerging market space. but a lot of talk about demand for beef and chicken and what that means for consumers. 20th century fox down by .5%, and tons of talk today about what's happening in the cable space. comments in the "wall street journal" from cablevision ceo talking about the trend that he's seeing with that company and whether they're even going to offer cable or simply have broadband in the future. in the meantime, of course, the spat continues between time warner and cbs as people wait to see how that one will be resolved. looking forward to the sports. of course, showtime. that's the closing bell down here at the new york stock exchange. [ closing bell sounding ] being rung. that's the nasdaq, as well, where we're looking potentially for a positive close despite the other two indexes starting off the week to