*By Carlo Versano*
Google is "missing an opportunity" by not sending a top official to Capitol Hill next week to testify on election interference and censorship, Sen. Mark Warner (D-Va.) told Cheddar's J.D. Durkin on Wednesday.
Facebook and Twitter are both sending C-Suite executives ー COO Sheryl Sandberg and CEO Jack Dorsey, respectively ー to testify in front of both chambers on Sept. 5.
So far, Google has said it will only dispatch its general counsel, Kent Walker.
"We need policy makers, not simply their lawyers," Warner said.
The heads of the top social and web platforms will head to the Hill to answer questions about how they are combating misinformation campaigns from state actors like Russia and Iran ahead of the midterm elections. Additionally, they are expected to face pointed questions about censorship ー a topic that President Trump has been pushing, most recently on Wednesday afternoon when he told reporters, "I think they treat Republicans and conservatives very unfairly" and such handling "may not be legal."
That echoes the sentiment of several Trump tweets Tuesday which suggested that Google News technology suppressed conservative views. Economic adviser Larry Kudlow said the White House would look into the matter, but many questioned Trump's statements on their face.
"The president doesn't really understand how search algorithms work," Warner said, noting that content is ranked in searches as a result of computer calculations, not human action.
The last time officials from Facebook, Twitter, and Google testified together ー last November on the topic of Russian hacking ー the reaction from lawmakers was largely negative. Since then, each company has shown a more proactive approach to the policing of their platforms.
Warner said he hopes next week's hearings will be forward-looking. "We want to look at solution sets" for these complex problems, he said.
President Donald Trump said that he will sign an executive order “to temporarily suspend immigration into the United States” because of the coronavirus.
A chorus of governors from both parties pushed back hard Monday after President Donald Trump accused Democrats of playing “a very dangerous political game” by insisting there is a shortage of tests for coronavirus. The governors countered that the White House must do more to help states do the testing that's needed before they can ease up on stay-at-home orders.
Rep. Ami Bera (D-Calif. 7th District), a doctor himself, added his voice to the chorus of experts on Monday, giving the commander-in-chief a C-minus.
Oil prices plunged below zero on Monday as demand for energy collapses amid the coronavirus pandemic and traders didn’t want to get stuck owning crude oil with nowhere to store it. A barrel of benchmark U.S. oil for May delivery fell to negative $3.70 per barrel.
Shake Shack, one of the chains that received money, said Monday it will return its loan to give smaller restaurants a chance to get government money. Congress and the White House are close to an agreement that would add $300 billion to the program.
Peter Maurer, president of the International Committee of the Red Cross (ICRC), told Cheddar Monday that the countries that drew the most concerns could take this opportunity to build better health systems going forward.
New York City won’t allow public events in June, including three of the city’s major annual celebrations: the National Puerto Rican Day Parade, the Celebrate Israel parade, and the Pride parade on its 50th anniversary.
Stocks are falling in early trading on Wall Street as oil prices collapse and momentum from a recent rally faded. Crude prices are plummeting amid concerns that storage facilities are close to being full.
The United States is struggling to test enough people for the novel coronavirus so officials can track and control the spread of the disease.
From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.
