so prague, a wall also has experience serve with microsoft, with 80 and t. so he is no stranger to the broader, you know, silicon valley and you know, the high tech scene. so we'll have to see what he will bring to the table. and whether or not the concern of an of an vestos is something he will be able to deal with french right wing at t v pundit into erica is it more has announced his candidacy for next year's presidential election. but despite his popularity and public scandals have heard his readings as art, he showed davinsky reports from pears. the would be bad boy of french politics has announced tease officially running to become the next president of frogs. this is eric simile, who's a highly divisive figure here in the country, but it's also in the last few months showing that who could gain a substantial following and really shake up this race. now he's setting out why, who should leave france a normal time to reform friends? it's time to save it. that's why i've decided to run for president. saw children and grandchildren will not face barbarity.

that means amazon down or microsoft down because people think it's slowing people mention tesla you don't need to buy more than that right now you can get more opportunities to buy stocks. it's a weakness, keeping my power drive for the rest putting money away in short, i am not saying, okay. that would be foolish. i wish powell hadn't made these commence until the market finished processing the new variant. i think this weakness is potential absentee workers who fear omnicron will have inflation first. we never seen anything like it powell's got the bases covered powell's gotten it over with he said what he had to say about inflakes or bond buying without lock rate hikes. they did it in 20 on it's almost cathartic. i still want to be conservative. and be sensitive to the first omnicron casualty here this sell-off is based on covid and the fed, probably equal parts. for now the fed won't say anything right. that damage is done. while we're in omnicron purgatory, you need to keep your market dry we get a wave of sensationalist stories, another news wave has arrived in short i'm trying to p

is that a positive sign for microsoft? >> microsoft has been a great performer. it's not exhibiting the same characteristics that apple is. i would rather be in microsoft than the s&p i would rather be in microsoft than broker dealers or other cyclical stocks showing real distribution if one had to choose between apple and microsoft, by my work, apple is the winner. >> carter, thank you would you make the same choice, karen? >> well, i have them both. i don't know i guess not then i have them both i keep them both i think they're both great it's not a terrific answer, but that's my book. >> i guess it's like asking which child you love more. >> exactly i do have a favorite >> dan, will ask you >> just kidding. >> i think the more interesting question -- carter said he would rather own microsoft than the s&p 500. i would rather own the s&p 500 for a lot of what we have been talking about is the poor breadth. we have a lot of stocks that have been marked down. there was a stat about how many stocks -- more than 50% of the s&p 500 are down more than 10% from their r

so prague, a wall also has experience of with microsoft with a t and t. so he is no stranger to the brewer day, you know, silicon valley on, you know, the high tech scene. so we'll have to see what he will bring to the table. and whether or not the can says of an open vestos is something he will be able to deal with. i. that's it for now. max estates, you're up next to demystify the money. had line south which shone thomas will be here to update you on the developing stories. we're across here at arte from okay. mm ah, you were told it was that your eyes and your post yet that it would stop you from having real friends and finding a girlfriend. but what they fail to mention is that you can make thousands of dollars every weekend by simply playing video games with stacy been a couple of them because i always wanted the solution to wesley with georgia resume with multiple to do stuff is no longer going of course to make video games a high paying job. you have to be gifted and quick with it. hang on to a spike, so typically the nickname, fitness to listen. y

while they may seem distant microsoft's exchange vulnerability and several significant ransomer ware attac including on the colonial pipeline and jbs happened this year alone. just thist year, the last few months. as a result an unprecedented number of emergency directives and aes alerts and advisories h been issued regarding serious vulnerability in cyberan threat. the past year showed it's not letting up as evidenced by microsoft's recent announcement the same russianan actors behin the devastating solar winds campaign are tryingso to recrea their success. it underscores the fact that tough talk with putin is not a sufficientdi deterrent. things are not getting better and we must n do more. one off my top priorities over the past year is not just to compete against nation state adversaries but win. if we're going to win we need to bolster csisa, making great progress in advancing its mission this year. i'm also planning to build on the success bypassing additional authority improvements this year such as supporting ranking member's bill to make the assistant director a five-year te

because microsoft is the other one. it is a bond with growth and a thing where it seems like it has maybe some beaten don expectations going into this tough macro moment right now and therefore had upside potential energy beyond that i don't know why we're piling in to apple. >> tesla is positive today. >> another one that is its own asset class with a constituency and goes on the own rules basically. >> not up 2.5% apple is. looking at the big board down 700 on the dow down more than 2%. on the s&p 500 as well just going back to scott's point moments ago i get that we are close to the all-time highs but below friday's high now and the vix spiked are those significant? >> reflecting the fact that we have a very unsettled uncertain moment the come by nation of having a lot of house money built up through huge gains year to date and not just the indexes but individual stocks and the impulse to try to lock that in, reduce risk and potentially harvest some tax loss offsets in the weaker stocks at work today. i don't think t

now if you don't know this name, lolly is paired with thousands of online retailers from microsoft to ulta to sephora and macy's and more and the buy button sends free bitcoin, little pieces of it, as a crypto reward to your account, like you promise, only bitcoin is your reward to lolly ceo and co-founder joining us in a fox business exclusive. tell me how cyber monday and black friday was for you guys. >> absolutely incredible. we've had three consecutive record breaking months leading up until this weekend, and we broke every record that we had, so online shopping is up dramatically for us and our partners, we're driving more sales than ever and then yeah, we've 3x'd our year-over-year growth with our average cart size, so all of the trends are showing that bitcoin rewards are driving more sales for our merchants and people want to earn bitcoin more than they want to earn cash. liz: you know, this is really interesting, because any online shopping site that's watching right now, not all of them, but a lot of them, are having severe envy at the moment hearing that you had recordbrea

it came to twitter with internships at e t and t microsoft and yahoo. well that's dorsey has announced his exit as seo twitter shares have reportedly gone up, but shares also increased 85 percent since dorsey came back as c o in 2015. reporting for news news. hughes and hottest suites r t. discuss who bring in boom bust, co host, christie. i am ben swan. i don't think i've had this moment since. what 2020 business days to have both of you on the same said together i tie him a little did his best christmas present. i've been given yet this holiday season. it both of you on the screen and what an important issue actually talk about because right now social media has so much to do with all of our lives. and this step as is natasha mentioned happened before. but kristie, lots of speculation. why do you actually feel like jack dorsey resigned and why now? well, according to him, he was emphasizing the limitations of this founder lead companies. and that he believed it was critical. a company can stand on its own free will of free of its founders influence or

amd, microsoft, very strange flight to safety, call it flight to apple apple is getting huge volume and up, the only big tech stock trading on the upside. also we've seen heavy volume in technology, all of the big etfs, the heaviest traded etfs are tech names the tech spyder, vanguard, the qqqs is tech stocks, the russell 2000 small cap names have trouble if interest rates move to the upside. we have a problem, tyler traders were worried omicron would hurt investor confidence, hurt the supply chain and hurt margins. now powell has come along and said wait a minute, we're going to get more hawkish, not less hawkish on the omicron concerns and that was something nobody was quite prepared for so everybody's trying to figure out what's the right playbook here and that's why you get heavy follow for example in technology stocks where nobody's quite sure how to play that right now tyler? >> thank you, bob pisani >>> next our guest says the fed will likely start hiking rates september and move six times before the end of 2023 let's bring in bruce kazmin, head of global economic research and ch

so prague or wall also has experience serve with microsoft, with 80 and t. so his no stranger to the broader, you know, silicon valley and you know, the high tech seen. so we'll have to see what he will bring to the table. and whether or not the concern of an of investors is something he will be able to deal with american actor jessie small as his facing possible jail time. if he's found guilty of staging, a fake hate crime nearly 3 years ago. but with his trial beginning this week, his defense attorney maintained that small. it was the victim of a real attack, came open revolt. while opening arguments are taking place in the trial of actor justice, small lat, in chicago, he's charged with essentially making false reports to authorities alleging he was the victim of a anti gain to gay and racist hate crime. now, you recall it was 3 years ago that the 39 year old actor from the u. s. t. the program empire. it was widely reported that he'd been attacked by 2 white masked men who'd been wearing donald trump a make america great again hats. they had a laugh thro

there were five stocks, apple, google, amazon, microsoft. those are the stocks that don't have extraordinarily high pes that we can still count on going forward. after that year end a half ago the narrow leadership the market defined for that year end a half so it's about separating nonprofitable tech gross stocks from those that have stable earnings from liquid cash flows and we think will produce good results for investors into 2022. charles: so we both say don't panic although david is more in coal and that's why we love them. very much appreciated. crude oil continues to fall that has been buying off. one of the best oil analyst at the coming up. also, another bombshell today, basically admit to tax laws in order to promote a complete government makeover takeover of our tax system and might even violate the constitution. i can't wait to hear what he has to say about it. he's after the break. ♪♪ 's jay powell testifying in front of the senate banking committee today where he spoke on inflation and the economy were progressive such as

so braga wall also has experience with microsoft with a t and t. so he's no stranger to the broader, you know, silicon valley and you know, the high tech scene. so we'll have to see what he will bring to the table and whether or not the concern of an open vestos is something he will be able to deal with. a lot of people are going to be watching, at least of all the shareholders are eagle. thanks very much for that. next american accent. just the smallest is facing possible jail time. if he's found guilty of staging, a fake hate crime any 3 years ago. but had with his trial beginning this week, his defense attorney maintains that small. it was the victim of a real attack, corresponding kind of open reports. while opening arguments are taking place in the trial of actor justice, small lat, in chicago, he's charged with essentially making false reports to authorities alleging he was the victim of a anti gain to gay and racist hate crime. now, you recall it was 3 years ago that the 39 year old actor from the u. s. t. v. program empire. it was widely re

he's been involved in all the main strategic initiatives in there within twitter, having worked for microsoft and a t and t as well, so, so far, and this is what some investors and some will pundits. they see it as his downside because he's he can't really be described as fresh blood. and i mean, just those he had to step down, at least that's what we hearing. because investors have been, i've been growing impatient with him and with all these candles being like the, you know, the banning of donald trump on the platform as well. so do here to step down now prague. google is well taking over, but it looks that he is continuing with the kind of, you know, crack down approach on what can and cannot be posted and who can be visible on the network. and this is not how it's been because previously it is, there has been a shift in how to handle this sort of also sorts of control the c on its platform because it's not used to be and twitter is, you know, executive offices, they have been pro freedom of speech, one of our core values is respect and defend the users voice were the free speech wing of t

they would be a microsoft ecosystem for a long time. microsoft will be battling it out with google, and apple and years to come. lauren: speaking of capital gains taxes, taxing wealth, that is very much on the table for build back better? the bill passed the house, go through the senate can it still provide wealth in the country? is that something we see on the horizon? >> the current administration wants to attack the wealthy and the successful. it is never worked in the past, previous administration, the successful people as we are seeing from a lot of people. it is going to pass, we will keep a favorable tax rate, we have wealthy people figuring out the best way to find the tax haven. i would not be concerned about that. lauren: don't move there permanently because we will miss you. the office plans, most workers at goldman sachs and morgan stanley, are back on a rotational basis. they have been back in the market since september. wells fargo bringing them back in the new year. goldman adding new benefits so their employees don't bur

and he had internships at at&t, microsoft and yahoo!. clearly he put in the work. but his promotion is so many bigger than him. now google, microsoft, adobe, ibm, twitter all have leaders who grew up outside the united states in india and brought their talents here. just a reminder of how much more immigrants have to offer the country. >>> coming up next, new developments into the investigation of andrew cuomo as new developments reveal how far those close to him went to help him save his reputation. we're 25 million prescriptions strong. we're managing type 2 diabetes... ...and heart risk. we're working up a sweat before coffee. and saying, “no thanks...” ...to a boston cream. jardiance is a once-daily pill that can reduce the risk of cardiovascular death for adults who also have known heart disease. so, it could help save your life from a heart attack or stroke. and jardiance lowers a1c. jardiance can cause serious side effects including... ...dehydration, genital yeast or urinary tract infections, and sudden kidney problems. ketoacidosis is a serious side ef

. >> nadella sold almost a quarter billion dollars of microsoft. >> can you really blame him? that stock has appreciated tremendously. >> twitter has a headline out, starting today, you will not be able to share private media such as images or videos of private individuals without their consent. >> you have to pay >> that's just the headline on the reuters a moment ago. >> somebody who takes a video on their camera of somebody and puts it on twitter, no more, unless that person consents. >> interesting agrawal is the youngest ceo in the s&p. >> really? >> interesting note yesterday, that the heads of ibm, microsoft, twitter and google are now all immigrants raised in india. remarkable. >> i'm so proimmigration half the people probably hate that when you look at salesforce, always has the list of people who weren't born here. maybe that's our nation's strength is the melting pot. >> for a long period of time >> remember your parents were saying, we have a melting pot. that's good. then the melting pot turned out to be a witch's brew. >> don't go back too many generations for us

and the growth of microsoft has been extraordinary after being handed over. dorsey seems to think that twitter is ready for that transformation, appointing a long-time co-worker but not founder. i did an interview with a much, much younger and clean-shaven jack dorsey many years ago, and i posted that to twitter, which seems appropriate. you can find that @scottmcgrew. it's funny when you hear him explaining what twitter is. >> clean cut and preppy then, too. >> yeah, he sure was. then we had to drive him back to school. >> thanks, scott. >>> 6:16. for you this morning and happening now, it's giving tuesday. the annual tradition held on the first tuesday after thanksgiving. this is encouraging people to give to charities and non-profits. before you give, there are steps you can avoid being scammed. experts say do your research and avoid organizations asking for cash or gift cards. also, don't rush into that decision. last year's giving tuesday report americans donated nearly $2.5 billion. >>> trending for you this morning, a trip to an english public turns in

microsoft, really the best example of what a nonfounder can do. the growth of microsoft as been incredible from being a has-been to returning it to a global tech power. dorsey seems to think that twitter is ready for the transformation by appointing a non-founder to ceo. i posted a interview from long ago to my twitter. seemed appropriate. >> always looking at your throwbacks. >> it's fun to see as people explain companies that now you totally understand what they are. >> yeah. >> yeah. >> right, i mean, we were here before twitter and -- >> yeah. >> look at them now. they have grown up some. >> 5:15 right now. >>> happening now, it's giving tuesday. the actual tradition held on the first tuesday after thanksgiving that encourages giving to charities and non-profits. before you go out and give, there are steps you can take to avoid from getting scammed. also, don't rush into a decision. last year's giving tuesday report, americans donated $2.5 billion. >>> trending this morning, elton john and ed sheeran teaming up to spread christmas music for al

and one of my favorite examples of this comes out of microsoft and an executive, and running his business when there becomes , a vital issue, not every issue delegates a lot of those, but when there's a vital issue, he pulls the team together. he says this is an issue we need to debate. here's why it's important. he frames it, he poses the question and then he says, i want you to come back in two weeks ready to debate this and everyone is asked to come with two things. one, evidence, and two, a point of view. when he starts the debate, he lays the ground rules. i want this to be fierce. i want people to push hard on these issues, but i want it to be civil. he defines that and then people start to go, he asked people to come with a position already established. they argue for their point of view and then when things are starting to settle into kind of a pattern. a decision is becoming clear. he mixes it up and he says, i want you to switch points of view. marcus, you've been arguing for this. you know, amanda you've been arguing against it. amanda, you're arguing for it, marcus you're argu

and microsoft. he takes over at a critical time for twitter, facing tough investor expectations, the company is experimenting with new ways to grow its revenue and user base. for example, this year twitter launched a way for some users to pay for additional premium features, like the ability to undo a tweet. twitter also continues to face questions and possible new laws and regulation on its handling of misinformation and hate speech. but dorsey insists this is the right moment for him to leave. in a memo to employees he wrote that he was choosing his company's future over, quote, his own ego. this was my decision, and i own it, dorsey wrote. brian fung, cnn, washington. >>> a legal fight over leggings. lululemon is suing peloton over its new clothing line. the canadian athletic a pairing maker claims five of peloton's new products in fringe on its patents. they also accuse peloton's new leggings of being a copy cat of one of lululemon's best sellers. meanwhile, peloton filed its own lawsuit a few d

. >> microsoft is making some big acquisitions. what do you make of these competitive moves? your competitors say they are on the right side of history. are they? >> i look at the fact that there are 3 billion people who have access to knowledge at their fingertips. i look at the opportunity we provide. i look at the skilled people are learning through youtube. i feel it everywhere when i going talk with people. providing access to people and knowledge would be on the right side of history as well. emily: eric schmidt told me that he feels the latest facebook revelations are disturbing. google also has access to massive amounts of our data. why should more than half the world's population trust google to do the right thing? sundar: we are trying to do more with less data. one of the biggest changes we made was making auto delete the default setting for new users. now users have the data constantly being deleted. we rely on trust for people. every day when people come to google, they place their trust in us and -- in vulnerable moments. be it a health issue that they are tryin

deep experience with the companies, but also have kind of fresh take on things you have examples where microsoft turned around a lot of their culture and started working together in ways that they had under the previous leadership. you have google trying to kind of find its next big thing after search and even when you think about where all these other companies are going apple went from being already a large company to being one of the largest tech companies in history and that was all under 10 cook. so for twitter. a lot of this opportunity is saying, ok, well, maybe we reconsider the way we handle stuff like harassment maybe we start reconsidering the way we handle how we build community and what we look at community, what we think of as a good community on twitter. >> dorsey co-founded twitter in 2006. he served as ceo until 2008 before being pushed out of the role he returned to lead the social media giant again in 2015 after former ceo costolo stepped down twitter. shares have jumped 85% since dorsey took over as ceo 6 years ago. >> foia money experts are predicting nearly 63 million shopp

. >> with microsoft, they took someone not a founder, satya nay nadella has done well. it's pleasing investors. it's hiring people so they don't go to, you know, facebook or snap or tiktok. it's really in a competitive area even though it has a that huge advantage when it comes to news. >> you have done expensive reporting on indian ceos. i was born in india and i didn't turn into a ceo. must have missed in the gene pool there. look at this. you know many of these gentlemen. just the education in tech is strong? >> very much so. the education system in india is strong and the default used to be, well, we will start something in india. now, hey, we are going to silicon valley and start a company. so this there is a lot of back and forth. when i was in india i saw a lot of americans visiting. it's a great relationship and technology and consumers benefit 100%. >> i love the interview with jack dorsey. >>> let's move on. here is something you don't see too often. we see plenty of mountain lions on the peninsula, but this mountain lion on a casual stroll in the middle of th

deep experience with the companies, but also have kind of fresh take on things you have examples where microsoft turned around a lot of their culture and started working together in ways that they had under the previous leadership. you have google trying to kind of find its next big thing after search and even when you think about where all these other companies are going apple went from being already a large company to being one of the largest tech companies in history and that was all under 10 cook. so for twitter. a lot of this opportunity is saying, ok, well, maybe we reconsider the way we handle stuff like harassment maybe we start reconsidering the way we handle how we build community and what we look at community, what we think of as a good community on twitter. >> dorsey co-founded twitter back in 2006. he served as ceo until 2008 before being pushed out of that role. then he returned to lead the social media giant again, that was in 2000. 15 after former ceo costolo stepped down twitter. shares have jumped 85% since dorsey took over as ceo 6 years ago. we saw how foggy it was. the golde

and then microsoft. really the best example of what a non-founder can do satya nadal took over microsoft in 2014 and growth at microsoft has been extraordinary from really on the brink of being a has-been to returning that company to a global tech power. dorsey seems to think twitter is ready for that transformation. with someone who knows the company well, but isn't the company's creator. by the way, we've gotten used to a bearded dorsey. i did an interview with a much, much, younger, much more clean-shaven jack dorsey many years ago when twitter was brand new. i posted that interview to my twitter, which seems appropriate. you can find that @scottmcgrew on twitter. >>> okay. you can see scott mcgrew and the morning team every weekday, "today in the bay" 4:30 to 7:00 a.m. on nbc bay area. >>> this is a high-profile week at the supreme court. the justices will hear a direct challenge to roe v. wade. it's coming from mississippi. that state passed a law in 2018 to ban most abortions after 15 weeks of preg

microsoft has turned from a company known for infighting into a company now seeing -- seen as one of the premier business software makers, all thanks to the fresh blood, even though these were people who were there quite a while, they gave new ideas and got things going in different directions. dan: as a jack dorsey said, maybe it will make a difference. he was an enigmatic character in silicon valley, not as high-profile as elon musk or mark zuckerberg. he also navigated issues with donald trump and ended up barring him from the platform. tell us about his legacy that he will leave at twitter. >> i think one of the toughest things is while jack dorsey spent a lot of time growing twitter into the force it is in politics and entertainment and sports, in news, there is also a lot of negative that has happened the last few years. if you look at every thing from january 6, the attack on the capital, and go backward, you have president trump and the moment we realized we had someone who had control of the nuclear codes but was considered to be too dangerous to be on twitter, and everythin

you have microsoft's satya nadella. you you you've got all these other examples out there and trying to remember all google so what's what's important to keep in mind here, right. is that by having these people who have deep experience with the companies, but also have kind of fresh take on things you have examples where microsoft turned around a lot of their culture and started working together in ways that they had under the previous leadership. you have google trying to kind of find its next big thing after search and even when you think about where all these other companies are going. apple went from being already a large company to being one of the largest tech companies in history. and that was all under tim cook. so for twitter, a lot of this opportunity is saying ok, well, maybe we reconsider the way we handle stuff like harassment. maybe we start reconsidering the way we handle how we build community and what we look at community what we think of as a good community on twitter because clearly if you listen to p

microsoft teams pops up on a bc when ever you open it. nothing sells like systems that you can't get rid of when they down loaded right to your computer and some stealth upgrade that happen in the middle of the night that i can't stand. there's netflix. this is a nice story they did well in the lockdown and shockingly well in the roping how about alphabet did better than any fang stock wait after this run is too dice zi to pull the trigger facebook, meta platforms who else wins in the a slowdown. sometimes you can't over think it you have to say the utilities. we're so blessed to get the regularly quarter lowdown. when we spoke to the ceo a couple of weeks ago, he told the story. the stock is 83 bucks in the mid range between the high and low just as important the fed won't hit us with a rate hike. it's hard to go wrong with ap even though no one says jim thanks it's double and gives me a great yield the whole way through. what about the other winners you have some health care plays you have to get into let's get to the crux of what works

you can come in and buy microsoft down 5% today or alphabet down 5% from the highs and not worry about the pace of economic reacceleration. you swing back to the possibility that growth sees a hiccup not sure there's high conviction seems like those are the easiest big index names in these situations to make a bet that taking a trillion dollars off u.s. cap is an easy way to put that trade into place. >> did it flush it out >> it was too brief. three and a half hours of trading. there's concentration in the etfs a threat that seechls toothless is a friend of a bull market because they reload and buy a dip. now on watch for was it really only the new variant getting people concerned was the market tired internally. you have to wait and see. >> jason, have you been buying on the dip of friday >> yeah. i did. i added to the kre position, financials given the information thinly -- thin volume day, bad 0 vid -- covid news a recipe to pull back there's exposure to the financials and mega cap tech and the playbook as mike described hasn't changed much. folks look at short duration assets comp

that's not a broad rally all the power is in the tech stocks apple, microsoft, salesforce, it's cisco, it's intel but all of the consumer names, merck, disney, verizon, for example, r all a lot weaker. this is not a unilateral advance that we are seeing as for the rest of the market semiconductors are the strength in the technology sector nvidia is complete round trip. 246 thursday, 214 friday, back to 330 a round trip for a lot of the semiconductors energy is up, there are concerns about travel-related movements as we deal request new variant all of these are nice ounces but it is not close to where they were at the close on thursday. no exactly a round trip for energy finally, melissa mentioned some travel and entertainment stocks. the cruise lines and the airlines are notably underperforming other parts of travel and entertainment the hotels are doing a lot better and the companies that provide live entertainment are outperforming. what this tells you is people are not sure about going on long trips but are still interested in going to hotels even if it is just on a local level. ba

adobe, microsoft. and just a long list -- advanced microdevices, nvidia. these all have one constant, and that is strong earnings and revenue growth and great rellive strength. and i can just tell that the big institutional crowd are in there. and a little bit earlier advance declines on the nasdaq were actually down, so the money flows remain, and i think it's going to be that way at least into the end of the year and as we head into the first quarter. and, again, there's a reason, just strong earnings, strong sales growth and the ability to deliver. charles: hey, do you remember the commercial for the shrink key? slinky? ♪ a slinky, a slinky, a wonderful, wonderful toy. ♪ing a slinky, a slinky, it's fun for a girl or a boy ♪♪ [laughter] all right, my man, i'm going to go look for a slinky this weekend. >> don't forget operation the game. charles: i'll get that as well. see you soon. >>> coming up, panic attack on wall street, cryptos passed the are test. and will the latest covid push through more social spending programs? brian wesbury, he's nex

were able to confirm a chinese access were responsible for gaining access toin computer networks by microsoft exchange servers. accessing e-mail accounts and acquiring data and deploying malware. this affected more than one quarter of aar million servers worldwide in the set including the norwegian parliament and the european authority. the united kingdom signed a bilateral agreement access will be giving cyberspace with china in 2015, we continued all china accountable for it and in december of 2018, the uk government and 14 otherer countries called out china's fake security of breaching the agreement inn february, the cout sentenced an accredited format based in vienna for 20 years imprisonment for his role in a plot to bomb the home and paris and the belgian state security service said the plans for the attack was conceded and the name of iran and under the leadership in july the u.s. doj announced tthat legal court wasn't filled on indictments indictments against four people residence and ron, that involvement in the plot to kidnap an unnamed ciranian american german under journalist in t

companies, you see that that has bode well, putting in company insiders to replace the founders at microsoft, apple, alphabet, you've seen all of those co-founders sort of take a backseat and the people that replace them doing a very good job. of course, jon, amazon just did that this summer it's still early for andy jassy, but the trend so far has been pretty good. >> yeah. and i think it's important to put twitter in a whole different context than those companies market cap of this company is under $60 billion. what, let's see docusign is bigger than this, snap is bigger in market cap. it kind of has the feel of an underachiever a bit, not to cast aspersions at all on jack dorsey it has clearly its challenges being compared to facebook but even compared to a lot of other companies in tech at this point, there's a lot that could be done with twitter, carl i don't know, i think a lot of people have the sense that this is a company that while it's culturally important has played it safe along a lot of trends and a lot of different ways. so there's room for somebody to take this company in a d

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microsoft is a powerful opponent >> microsoft is a great money on list, everybody loves it they basically can spend as much as they want you can never outspend them. it is like going up against the u.s. government when you are -- >> that's what i was going to say. i think zoom has an installed base that is consumer. they need to go up cisco wants to go up, too. but teams is building to -- teams reminds me a lot of when you used -- remember the browser with microsoft, the browser used to pop up and there was nothing you could do. >> yeah, yeah. >> then what happened after that >> there was this answer trust thing. >> david is right. they are so powerful they are like the government. when the government hears that are you trying to get something going against them. >> microsoft no, they are down the list a little bit. >> they have been avoiding any -- >> there are investigations going on, the d.o.j., and alphabet, and the ftc and meta they are trying to come back even though they were shot down. amazon. >> did you ever notice there is a company you would have to pay $200 million to run this

>> if you look at the time frame from when it happened against microsoft, the kind of a current day, one could argue around this and i believe they are true you can get the emergence of other companies. why could google become such a powerhouse because there was probably i would imagine a lot more scrutiny in m microsoft internally in terms of the competition in the marketplace in terms of being more aggressive towards competitors, so i think that is what we actually saw that there was kind of a aggressiveness in the marketplace regardless of whether or not the company was broken up so i don't think that was the key it was just a change of attitude happening as a result. >> this one is for jeremy. why are both republican and democratic administrations unwilling to stop big tech from companies and what could become competitors and i'm going to join that with another question which is any thoughts on the difference in the u.s. being republican. for the parties or how should we look at the system and understand why we are where we are the moment we are in is a deeply ahistorical aspect

then, all the other big tech firms we polled, google, microsoft, and amazon, they seemed to be a marked difference between the social media firms and these other big tech companies. while there were high 50's or low 60's level percent distrust for tiktok, facebook, and twitter, when it came to google, apple, microsoft, and amazon, people were split, about one third, one third, one third -- one third being positive, one third being neutral, one third being negative for those companies. host: do you think that is because people have more of a commerce relationship with those companies, microsoft, apple, google? guest: yes. i think our polling has showed there is a different relationship when you look at the amazons and apples of the world as compared to the tiktoks and facebooks of the world. there is some sort of price exchange. you are paying some sort of money for apple and you are typically not paying something for facebook. host: people who identified as liberal and conservative want to crackdown on social media. guest: yes, that is a pretty broad finding we are seeing and not just t

then, all the other big tech firms we bold -- polled, google, microsoft, and amazon, they seemed to be a marked fence between the social media firms and these other big tech companies. while there were high 50's or low 60's level percent distrust for tiktok, facebook, and twitter, when it came to google, apple, microsoft, and amazon, people were split, about one third, one third, one third, one third being positive, one third being neutral, one third being negative for those companies. host: do you think that is because people have more of a commerce relationship with those companies, microsoft, apple, google? guest: yes. i think our polling has showed there is a different relationship when you look at the amazons and apples of the world as compared to the tiktoks and facebooks of the world. there is some sort of price exchange. you are paying some sort of money for apple and you are typically not paying something for facebook. host: people who identified as liberal and conservative want to crackdown on social media. guest: yes, that is a pretty broad finding we are seeing and not just

confirm that chinese state-backed actors were responsible for gaining access to computer networks via microsoft exchange servers. accessing email accounts, acquiring data, deploying malware. this affected more than a quarter of a million servers worldwide. those hit included the norwegian parliament and the european banking authority. the united kingdom signed a bilateral agreement setting out acceptable behavior in cyberspace with china in 2015, and we continue to hold china accountable for it. in december 2010, you can government and 14 other countries called out china's ministry of state security for breaching the agreement. in february, a belgian court sentenced an iranian diplomat based in vienna to 20 years imprisonment for his role in a clot to bomb -- plot to bomb a convent in paris hosted by iranian distance could the plan for the attack was conceived in the name of iran and under its leadership. in july, u.s. doj announced that the new york court unsealed an indictment against 4 people, re sidents in iran, for their plan to connect an unnamed iranian-american journalist. indictment de

a knack for taking advantage of market timing and in march paul pelosi exercise $2 million worth of microsoft options just two weeks when her daughter got a $22 billion contract with high-tech headsets. and then right before joe biden announced electric car incentives. in june, the pelosi family cashed and being time just before congress was set to pounce on big tech. mr. policy exercise options on the period company also that making five.$3 million. to be fair the policies have never been indicted for insider trading on —- trading but in investments and access combined with import —- fortunate timing has a lot of suspicion. we just follow the money and there is a lot of it. thanksgiving kicks off holiday travel season and it is about to get wild. southwest airlines whistleblower exposes my all five meltdowns. >> man: what's my safelite story? my truck...is my livelihood. so when my windshield cracked... the experts at safelite autoglass came right to me... with service i could trust. right, girl? >> singers: ♪ safelite repair, safelite replace. ♪ we've been waiting all year to come t

the microsoft teams, sfgov tv and phone line are three different services. there could be disruptions but we are pause the meeting until things are reconnected and never go forward without that being the case. i want to thank everyone behind the scenes who makes the meetings happen and thank you, the general public, for your patience. >> this meeting is being televised. for those watching the live stream, there's a time lag between the actual meeting and what members of the public are seeing on tv. if you are watching and wish to excellent on an item, please call the phone line when the item is called. for members who wish to make public comment on the agenda, the phone number is 888-808-6929, access id is 9961164. to address the board dial one, zero. make sure you are in a quiet location and mute any computers or tvs streaming the meeting. you will have two minutes to provide public comment and i will announce a 30 second warning and when time is up. introduction of new or unfinished business by board members. >> board members, are there items under new unf