according to the ftc, the acting ftc chair says the agency expanded the settlement with the company and set the new agreement was designed to ensure that uber does not engage in similar misconduct in the future. betterment is offering wealth management with roble advisors. we will hear from the ceo next. this is bloomberg. ♪ emily: tesla is taking the unusual step of the strong from a federal investigation of its vehicles. willccess the safety board not allow it to release information on the driver since program autopilot that was used in the crash. is the whiskers as for blaming the crash on the driver asked tesla was criticized for blaming the driver. going after high net worth clients, with cutting edge tech assure more clientele to the startup? i want to bring in john stein, ceo of betterment it with me in new york/report financial advisement, and am curious how much progress has ai made in the last year to improve what you do. jonathan: we have always used technology to reduce costs and help over this taxes and give --m full ballistic landing full holistic planning. also use it o

the ftc says the violations are more egregious over the years. lending club calls the charge legally and factually unwarrant unwarranted. during the application process, it hopes to resolve the matter in federal court. investors don't like it. it is a publicly traded company. lending club shares fell 15% after the charges announced. >>> ahead, police say they just solved the notorious cold case from the 1970s. >> for the 51 ladies who were brutally raped in those crime scenes. sleep better tonight. he isn't coming through the window. >> more on the golden state killer case next. >>> the latest on the golden state killer. we found the needle in the haystack. those are the words from the authorities in california following the arrest of the former police officer. the now elderly man is a suspected serial rapist and killer. more now from dan simon. >> reporter: dave and christine, what a scene here in the neighborhood where police are going through the suspect's house collecting evidence. we know the arrest of joseph deangelo came about after author

did anybody notify notify the ftc? know, for the same reason. we considered it a closed case. would you do that differently today, in retrospect to the senator's question? yes. this may be your first appearance before progress, but it's not the first time facebook has faced questions about its policy. a magazine noted you have a 14 year history of positive or ill—advised decisions involving user privacy, not unlike the one that you made in your opening statement. after more than a decade of promises to do better, how was today's apology different and why should we trust facebook to make the necessary changes to ensure user privacy and give people a clear picture of your privacy policies? we a lot of mistakes in running the company. i think it is pretty much impossible, i believe, to start a company in your dorm room and grow it to be the scale you are at now without making some mistakes and because our service is about helping people connect and information, those mistakes have been different in how... we try not to make this a mistake multiple times, but in general, a lot o

so, back in 2011, it was a settlement with the ftc and now we discover yet another instance where the data was failed to be protected. when you discovered the cambridge analytica that had fraudulently obtained all of this information, why didn't you inform those 87 million? >> when we learned in 2015 that cambridge analytica had bought data from an app. developer on facebook that people had shared it with we did take action. we took down the app. and we demanded that both the app. developer and cambridge analytica delete and stop using any data that they had. they told us that they did this. in retrospect, it was clearly a mistake to believe them and we should have followed up and done a full audit then and that is not a presidents stake that we will make. >> yes, you did that and you apologized for it but you didn't notify them and do you think that you have an ethical obligation to notify 87 million facebook users? >> senator when we heard back from cambridge analytica that they deleted the data, we closed the case. in retrospect that was a mistake. we shouldn't have taken their wor

a former ftc employee was saying that facebook might be reprimanded. next week, wednesday and thursday for mark zuckerberg's congressional hearings. thank you. be sure to watch sarah -- sheryl sandberg live at 3 p.m. eastern time, right here on bloomberg tv. president trump has made u.s. manufacturing a priority. the fastest-growing sector could be in jeopardy. one of the biggest threats came to the chemical industry. joining us now on the impact is the coo -- the american chemistry council. what does it mean for cap -- the chemical industry in general? calvin: it is too early to tell. aat we have seen has been tremendous turnaround for the u.s. chemical industry in the last decade. we were one of the highest cost manufacturers of chemicals globally. because of the increase in natural gas, the u.s. chemical industry is now among the world's most competitive in terms of a global marketplace. one $88 billion in new investment and chemical manufacturing. the sector accounted for almost 50% of all investment in manufacturing. the investment was not to serv

the ftc had contacted this appears to be the result and the shares are down by 6%. david? david: we will spend a few minutes because it is pretty important to understand. apple ceo tim cook will meet with president trump in the oval office in the afternoon and the trade for china will be -- a chinese newspaper last month the list of in those who would be most damaged if a trade war erupted. his priority is reforming trade, tweeting, looking forward to the meeting with tim cook of apple, talking about many things like how the u.s. has been treated unfairly for many years by many countries on trade. welcome now bloomberg's apple reporter. thank you for joining us. from tim cook's point of view, how badly could china heard apple if they wanted to? >> i think both sides are looking for a slamdunk here. trump wantsresident to give the input on how apple wants to build iphones and more products in the u.s., talking in apple exporting products china isn't good for the united states and the economy. tim cook us his is obviously that this is the way to do it and how they are able t

. >> reporter: they are a top complaint with the ftc and fcc. americans get some 30.5 billion of them last year. 3.2 billion just last month. caller id spoofing, where spammers falsify information to display phone number similar to a consumer's is also on the rise. it is more than just an annoyance. the ftc said fraud from these calls at the to more than $9 million each year. >> i get them on my cell phone all the time. the appear to be coming from my home sometimes. >> reporter: you can try to prevent these types of calls. home and mobile phones can be added to the do not call registry. that protects from legitimate telemarketing calls. , blocking apps are available as well. >> legal protections under the consumer protection act remain at risk. enforcement efforts have not been enough to stop illegal robo calling. >> reporter: still getting them, hang up the phone and do not press numbers. doing so can lead to more calls. >>> three weeks and no fix. housewarming dammit s how storm damage at the beaches affecting people around town as well. >> y

the ftc has been our nation's privacy regulator for decades. for the past 20 years, they have regulated the virtual space. they're the ones that issued the decree on facebook and brought them in compliance in 2011. that's when we started the privacy working group, which i chaired. for four years, we've been trying to pass data security and privacy education. you need that statute. it's a regulator and the ftc can say "all right, google or yahoo or youtube or facebook or whomever, you are outside the allowance given to you by federal statutes. therefore, we are going to conduct an investigation and issued to you criminal violations or penalties however we move forward with that component of it." yes, we need data security, breach notification, and privacy, reserved to the individual the right to protect themselves online. >> harris: boy, it's interesting. i've been watching a couple days of this. i'm really curious to see how much buy-in these companies are going to have. the browser act offered by congresswoman blackburn, thank you very much. g

released16 data breach names, phone numbers and email addresses of its users, this according to the ftc. the acting ftc chair says the agency expanded the settlement with of the company and said the new agreement was designed to ensure that uber does not engage in similar misconduct in the future. coming up, betterment is offering wealth management with its robo-advisors. this is bloomberg. ♪ emily: tesla is taking the unusual step of withdrawing from a federal investigation of a fatal crash involving one of its vehicles. company says it did -- the safety board will not allow it to release information on the driver since program autopilot that was used in the crash. tesla was criticized for blaming the crash on the driver. looking to disrupt the tech industry going after high net , worth clients with robo advising. will this are sure more clientele to the startup? i want to bring in john stein, ceo of betterment, with me in new york. you provide financial advice little humanth as intervention as possible. how much progress has ai made? jonathan: we have boys used technology to reduce

the ftc says fraud from these unwanted calls adds up to more than $9 billion each year. >> i get them on my cell phone all the time. they appear to be coming from i think my home times. they are that good anymore. >> there are some ways you can try to prevent these calls. home and mobile phones can be added to the do not call registry which protects from legitimate telemarketing calls. call blocking apps are also available. some say more needs to be done. >> essential legal protections under the telephone consumer act remain at-risk. these have not been enough to stop robo calling. >> the ftc recommends hanging up the phone and don't press any numbers. doing so may lead to more illegal calls. >> some lawmakers are also pushing for a concrete definition of service animals. it is part of an effort to crack down on travelers who fly, and falsely claim their pets or service animals. the bill cites cases or passengers have claims pets like kangaroos and peacocks major airline carriers are also getting more strict with the rules. the amount increased by 80% last year. >> we are finishing up

. >> wilbur, do you and the president discuss amazon >> i'm not involved in the ftc or activities of that sort i have quite enough to do with the mandates that they're giving me. >> you're confident and i know, you know, you've seen the tweets and the administration's gone to great pains to say there's no actual executive action coming down the road with him does the president ask you what is it possible for his administration to do to deal with some of the things that he thinks are inequitable in amazon's business practices? >> well, if you read the tweets, what he's been talking about is the relationship between amazon and the u.s. post office he's been talking about what amazon's activities have been to small retailers around the country. his tweets have been, as far as i can recall, quite specific none of them relate directly to the department of commerce. >> but i guess the question on the amazon front is how much of this is about amazon itself, how much is it about jeff be zozos his ownership of the washington post whether executives who own the company should own a newspaper,

to ftc had a 20 year consent facebook already. this gives me some positive test whether or not we have some kind of support and directions for the company. we also want to be aware of overregulation and we don't want to squelch the small income companies. >> we are in general agreement. people ought to insist on norms as a contractual matter. i would encourage people to look at what they are excepting. the policies. whatever it may be, they hit except and they don't pay attention. you are getting some and quite useful for free. need that people need to think about that a little more. -- people need to think about that a little more. whether it is contractual or that isusiness bureau certified, that the companies come together themselves. we follow the best practices of data control and data privacy protection. a state-of-the-art technology to prevent breaches. as federal employs we were told that the federal government has .tate-of-the-art protections promises and contractual rights you have that are still going to be those breach

the urgency disappeared and now we're back to to a more level playing field where at this point the ftc has jurisdiction again and everyone will be treated the same way. the risk to the telecom operators is relatively small but the risks to the providers now is but that there is real chance that the next step in the process could be that everyone is subject to the opt in requirement that isn't terribly different from today but like those edge providers it would be very profound. >> you also mentioned net neutrality which is often wrapped up in the privacy debate during the tom wheeler area and one -- era and that issue never dies and it continues and to see about possibly in the next few weeks but given that this was seen to act versus telecom battle over a decade now ten has bigger fish to fry it or not in the same way to get policymakers to pay attention to is that diminish how that matters? because there seems to be a lot of fatigue from what i can see that is a great way to put it. i thank you are right. but in some ways it is less they have other things on the plate but one of the

it is speculated that could become a media company of especially the guys at the ftc. they have legal immunity is that google does. that could be repealed. also, congress could say we will pass privacy legislation. if you will not regulate yourself, we will do it for you. >> that is something certainly congress could look into. whether they come up with something that both parties agree to is probably a longshot. the issue here at facebook is this. it basically comes back to the first amendment. you are here trying to regulate speech. that is the conundrum congress has to deal with. how do you control fakeness without at the same time regulating speech. the reality is a better with less regulation and more freedom. cheryl: no matter what happens, not a fireworks. vinoo varghese coming thank you for being on with us. >> thank you. lauren: bacher ice cream. will there be believed? janice dean has the answer. it's cold outside, never too cold for ice cream. we'll tell you how you can get a free cone today. today in the market, honda and wall street right now. gains yester

they didn't notify the ftc. they didn't notify the press. had they done that, a lot of harm's may have been avoided. secondly, they clearly did not have sufficient oversight. to be paid in rubles and have notians buying ads and knowing about that or not setting off alarm bells is deeply concerning. third, they allowed false propaganda to spread and go viral on their social media site without any verification. i am glad they are now owning up to the mistakes. i still believe in the power of social media to do good, but there were clear abuses and the need to be transparent going forward and make real effort to s to fix it. but that is not enough. congress also needs to regulate. we cannot rely on the self-regulation of facebook or tech companies. emily: a lot of the questions today focused on facebook's tracking of users off facebook, including users who never signed up for it in the first place. should facebook be able to track user behavior across the internet, off facebook, even if they don't have facebook, which which means they could nev

if the ftc going to have to take the lead? is the european model what we could see for data privatization as something to look at? the ftc has lead responsibility when enforcing privacy in this country. communities -- committees jurisdiction. they have developed a model in europe. there are protocols that they will put in place. we are anxious to see how that works and how it is reacted to buy social media companies. i do not think our companies are at this point heavily resisting the idea that there may need to be some form of regulation. mark zuckerberg has suggested he is open to that. will that european approach or model be affected? will it work? will it chill investment in these platforms and undermined the amazing benefits that come with it? those are the questions. zuckerberg, is he the face of the company? sen. thune: he is the face of a company and he is comfortable. the shareholders and users are comfortable. a lot will depend today on how he performs. i think he has an opportunity to restore the trust of the americ

was asked by a representative whether the cambridge analytica breach violated the agreement with the ftc. >> we do not believe it did. if a developer who people gave their information to in this case alexander cogan then goes in violation of his agreement with us sells to cambridge analytica, that's a big issue. i think people have a right to be very upset. i'm upset that that happened >> and new jersey congressman representative leonard lance joins us now were you satisfied with his response, congressman? >> i was not and i think it may very well be the case that the consent decree was violated of course we don't know that for sure, but the federal trade commission is investigating this matter as it certainly should investigate it >> at the same time, cambridge analytica was tweeting the last couple of days saying it did nothing wrong. it collected the data in compliance with facebook policies at the time when it found out the policy changed, they deleted the data and zuckerberg felt comfortable with that solution at the time what does that tell you about all this >> i think through the

questions about the ftc has the courage, the leadership. right now, doesn't actually have leaders. that's the question. but the potential damage is massive. >> all right >> tim, thank you. great to see you >>> we've got more "squawk alley" straight ahead, but first, rick santelli another busy day and week. what are you watching right now? >> i'm watching ten-year note yields in general. post employment data and they seem to be knocking against a rate ceiling against a rate ceiling we'l the rhythm of the world. but to us, it's the pace of tomorrow. with ingenuity, technologies, and markets expertise break. you set it. nasdaq. rewrite tomorrow. you know what's not awesome? gig-speed internet. when only certain people can get it. let's fix that. let's give this guy gig- really? and these kids, and these guys, him, ah. oh hello. that lady, these houses! yes, yes and yes. and don't forget about them. uh huh, sure. still yes! xfinity delivers gig speed to more homes than anyone. now you can get it, too. welcome to the party. >>> time for the santelli exchange let's get to chick and rick

scandals i think you have also seen facebook has been in violation of their consent decree with the ftc from 2011. experts, former trade commissioners are suggesting potentially the largest fine in ftc history, approaching $1 billion. this is a point right now where it's time to look at corporate governance and to make some changes in facebook. >> i guess the downside of this potentially is what happened to some in the newspaper industry that tried good governance, but it ended up allowing outside raiders to take out the companies. that's, i think, part of what tech is trying to avoid here are you asking for boards to do what government should do? if there needs to be regulation, if there needs to be oversight, should we expect just boards to do that, or should states, should the feds step in and create better laws in these situations >> well, i think this is why the company has to show some leadership here, because they haven't. we have seen a real decrease in their stock price, and you see now congress looking to regulate them our letter a year ago was before congress was really looki

the ftc, the federal trade commission is one that some of the senators mentioned. there was a consent decree with facebook seven years ago, facebook agreed to do certain things. now mr. zuckerberg said over and over again we think we are in compliance. well, i don't know that that's the case. ftc has opened up an investigation. there's certainly going to be legal liabilities in europe. other places, the state of illinois' attorney general opened up a lawsuit. there's going to be shareholder suits, there's going to be fraud suits. so i don't think it made it any better but on the bright side, it didn't make it any worse with today's testimony. >> right. >> and more testimony tomorrow. >> and more tomorrow. more fun tomorrow. >> thank you for stopping by. appreciate it. >>> and stay with ktvu as we continue to monitor these congressional hearings. we are going to bring you mark zuckerberg's testimony live tomorrow morning, starts at 7:00 a.m. on ktvu plus. >>> a san francisco police officer says he was subjected to humiliation and discrimination on the job because of

not only did facebook misrepresent, the actual ftc in november's 2011 decree required facebook to you give users clear and conspicuous notice. to do three things. decree barred facebook from making deceptive privacy claims and it required facebook get consumers' approval before changing the way it shares their data and it required facebook to give users clear and conspicuous notice and obtain affirmative express consent before sharing their data with third parties, is that correct? >> that sound right to me. >> you were on notice there were concerns about the sharing of data, correct? >> senator, my understanding -- >> let me do it this way. in response to the ftc consent what did you do to make sure user data was protected and they had notice of that information. and with third parties they had to expressly give consent. what did you do with that. >> the consent decree we signed was establishing a robust policy at our company. >> can you give me specifics. i heard this or and over again and i'm running out of time. it can't be a privacy policy. it had to be something specific and sim

there are fundamental principles that the ftc can enforce. they had a 20 year consent decree with facebook already. it's -- this gives me some pause as to whether or not we have direction for the company's good behavior. we don't want to squelch the income or, the small startup company. we want to make sure boundaries are clear and open to everybody. we are in general agreement that there ought to be norms. people ought to insist on norms as a contractual matter. i think that is what this debate will do. before you just hit accept, i would anchorage people to look at the policies these people are accepting. some of these apps are so attractive, and people are so eager to have the app, play the game, that they hit accept and don't pay attention to the bargain. it is a bargain, because you are getting something quite useful for free. but you are giving something away. you can still have all of these norms, whether legislated at the state or federal level, or contractual, or part of a better certifiesureau that that companies come together thems

. >> reporter: robocallses are the number one complaint to the fcc and ftc. the government knows it's a huge problem. last month there was 3.2 billion robocalls made alone. the fcc says technology makes it easy for robocallers to make millions of calls each day. there are apps for your cell phone, as well as boxes you can add to your land line. they intercept incoming calls so you never get them. technology allows these companies to compile a list of numbers, making millions of calls and block them. the founder of no more robo says part of the problem with this epidemic is the laws is outdated. >> the technology is allowing these robocallers to make these calls. the government actions are great in getting the word out and everybody and robocalls act like this but it will come down to technology winning. >> reporter: the bottom line this is on the radar for the fcc and the ftc as the robocalls keep increasing. >>> happening today a new report is expected to be released at any minute detailing the health and safety conditions at cal state university's last near

my did act would give the ftc rulemaking authority to provide consumers with strong data, privacy, and security protections. without this kind of legislation, how can we be sure facebook will not continue to be careless with user information? mr. zuckerberg: congressman, let me say that my position is not that there should be no regulation. regardless of what the laws are in place, we have a strong incentive to protect people's information. this is the core thing facebook is, 100 billion times per day people come to our service to share a photo or share a message. rep. mcnerney: i hear you but the history is not there. we need to make sure there is regulation in place to give you the proper organization to stay in line with data protection. one of the problems in my mind is that facebook history, the privacy -- user privacy and security has not been given a high priority. is facebook considering changing its management structure to ensure that privacy and security have sufficient priority to prevent these problems in the future? mr. zuckerberg: this is incredibly high priority for us.

that last one is important because according to one former ftc official, facebook knew about the leaks to cambridge analytica years ago. >> maybe four years since facebook has known about this problem. and yet it still has done nothing to fix it. >> reporter: he says on top of what congress might do, facebook is looking at millions in fines. still, money won't bring information back. cambridge analytica founder christopher wylie says it's impossible to know if the data from millions of users is still out there. and in whose hands. >> could be stored in various parts of the world. including russia, given the fact that the professor who was managing the data harvesting process was going back and forth between the uk and russia. >> my biggest worry is that the privacy issue and what i call the propaganda issue are both too big for faceto fix. that's the frightening part. >> reporter: melissa kane, kpix 5 news. >> zuckerberg will face a couple high profile californians on tuesday. senators diane feinstein and kamala harris, both sit on the senate judiciary committee. >>> president trump is

they signed this consent to create with the ftc several years ago and the ftc is looking at that right now to see if they lived up to those promises. >> let's talk quickly, daniel, about scott pruitt. he's basically saying there's a back and forth. do you think it's too little too late for him in his defense? >> i still think he has a good chance of happening on to his job. he's on the same page as trump in terms of policy. they've deregulated from that agency a lot where businesses don't feel like they have to worry about the epa. so trump and pruitt, they have the same mind on these issues and he's been very effective in his job. he's just been lax and careless in his own life. >> daniel lippman, good to have you on, bud. >> thank you. >>> president "the rock" in 2020. the high profile meeting by dwayne johnson that's adding more fuel to the fire that he may be eyeing a run for the white house. >>> plus, we're more than two weeks into spring, but bill karins will be talking about snow once again when he returns with a look at the forecast. stay with us. i've been making blades here a

mount up pretty quickly with 2 billion years or so are you extrapolating data for the people at the ftc for the udterms and conditions for consent decree? >> i am not sure what you mean by extrapolating data. >> you said you referenced what is ongoing you making that information available to our friends at the agency at the ft ftc? >> as you know they are investigating this and we are certainly going to comply with them and work with them on that investigation. >> the gentleman's time is expired. >> welcome to our committee and want to follow-up. >> we will leave this hearing as we will the entire thing right now on c-span start to finish. are you can watch any time on c-span.org c-span.org speefive speefive

we have gotten the calls at dinner, when we are sleeping, this is a forum put on the fcc and ftc and companies in this room that believe that technology has made it easier for the robo calls to come through, it's also easier to fix and some technologies like this one, this company creates this box that funnels all the calls and weeds out robo calls or unwanted calls and other companies are using apps on the phone in order to figure out which calls are legitimate and which are from robo callers, ftc and fcc believe 3.2 billion calls were made last year alone. number one complaint that the two government agencies get and they are trying to work on this but again, the people in this room believe that technology will be the fix to that and through those apps that you can buy online that will funnel the -- the phone calls away from your phone so you won't get them. stuart: edward, are you in a position to tell them that those apps work? >> you know, i could tell you yes and no, the apps are getting smarter every day. that's what the owners of the apps are saying, they are using artificial

we could really see a historic showdown between the ftc and facebook if the ftc has the willingness to hoeld hold them to account for this. >> that meeting kick off today in a matter of hours. love having you on, thank you very much. jenna and charlie hang out because there's much more to discuss coming up with the case of the cabinet member and the multi-million dollars misspending questions. support for scott pruitt not exactly full throated from the gop but the president seems to be okay with it. so is pruitt here to stay? ♪ hey, sir lose-a-lot! thou hast the patchy beard of a pre-pubescent squire! thy armor was forged by a feeble-fingered peasant woman... your mom! as long as hecklers love to heckle, you can count on geico saving folks money. boring! fifteen minutes could save you fifteen percent or more on car insurance. we know that when you're spending time with the grandkids every minute counts. and you don't have time for a cracked windshield. that's why we show you exactly when we'll be there. saving you time, so you can keep saving the world. >> kids: ♪ safelite repair,

and the ftc is likely to take action. facebook entered a consent decree back in 2011 after it was's ko-- wasccused of deceiving viewers, telling them one thing and doing another. so a lot to watch fortoday. >> and very interesting because facebook has started to notify people about whether or not that data that ended up in cambridge analytica information in their hands, you mentioned that yours -- >> this is mine from facebook. so you can go on facebook as of now, find out whether your data was shared with cambridge analytica. in my case i didn't take the quiz. >> but a friend did. >> but a friend and did d and they were able to scrape my information. now i've tweeted out at scott mcgrew and on facebook it is scott mcgrew tv where the link is to find out if your data was scraped. >> even if you didn't take one, friends of friends take those. >>> once mark zuckerberg's hearing begins we'll air it live in full right here on nbc bay area. we're skpeki-- we're expecting testimony to start around 11:30 and they are setting up

we should have followed up and -- >> did anybody notify the ftc? >> no, senator. we considered it a closed case. >> mr. zuckerberg, would you do that differently today, in response to senator nelson's question, having to do it over? >> yes. >> this may be your first appearance before congress, but it's not the first time that facebook has faced tough questions about its privacy policies. wired magazine recently noted you have a 14-year history of apologizes for ill-advised decisions regarding user policy, not unlike the one you just made now in your opening statement. after more than a decade of promises to do better, how is today's apology different and why should we trust facebook to make the necessary changes to ensure user privacy and give people a clearer picture of your privacy policies? >> thank you, mr. chairman. so we have made a lot of mistakes in running the country. it's pretty much impossible i believe to start a company in your dorm room and grow it to the scale we're at now without making some mistakes. because our service is about helping people co

the ftc settlement projected on facebook 20 years of checkups. yes, maybe it's the case of the election gets in the way or zuckerberg gets dragged on the coals when he appears before the house and senate next week. the ftc and other bodies can penalize this company. it can put forward fines. those fines can be well into the millions of dollars. european regulators are asking the same questions and they certainly have no qualms about stopping down a u.s. tech company. the stakes are quite high. they've proven they can go after a company like this. the question is, will they hold facebook to account this time? >> in the past, i mean, here's -- i think it's one of the things we're struggling with here in this country. because you have -- again, we're talking about facebook, but amazon, google, there are a lot of tech companies that know a whole heck of a lot more about us then we'd like to think that they do. the idea of regulating these companies, that's a new frontier. we don't know what it looks like. we know what it looks like in europe. but we

last december the ftc voted to end regulations from the obama era. the mayors of san francisco, oakland and san jose support scott winners bill. the industry calls it heavy- handed. >>> california legislators who want to crackdown on social media accounts that are fake are closer to enacting a new law. members of a senate committee advanced a new bill requiring companies like facebook, twitter and instagram to identify automated accounts, also known as spots on their platform. they say the bots are spreading misleading information to the public by showing large amounts of computer-generated followers. the bot bill will move to the senate judiciary committee next week. >>> one school district is teaming up with the start of to help teachers buy a home. as ktvu's paul chambers reports, it is meant to encourage good teachers to stay in the bay area. >> reporter: living in the bay area, we are all too familiar with the high prices of housing. >> i live paycheck to paycheck. i can only cover my rent currently. live with four people. >> reporter: he is the

the ftc voted last year to rescind the rules at the federal level. the california bill still needs the approval of one more committee before heading to the senate floor. >>> professional business of california business woman is being called another success. >> speakers told compelling stories of empowerment at mascone center. >> reporter: the professional businesswomen of california conference has focused on creating more opportunities in the workplace and even leaning in. this time the empowerment movement dominated the conversation. actress ashley judd spokane diddley about the me too movement. >> it takes guts to speak up, but make sure you cultivate those strong female-to female alliances. >> reporter: the gender pay gap continues to be a heated topic. several actresses have spoken about the importance of equal pay. two of those attending this conference decided to remain silent no more. >> one of the things that's different now is that we're talking about it. women are talking about what their salaries are and figuring out that, you know, the gu

the ftc recommends hanging up the phone. don't press any numbers. doing so can lead to more illegal calls. in washington, caroline shively, ktvu fox 2 news. >>> how dirty our cell phones are, one in six have e. coli. people never seem to put them down, not even for a visit to the restroom. >> a bathroom is going to be an area where there's a high concentration of bacteria that you're going to be exposed to, so why expose your personal electronic device to that. >> while some health experts say the bacteria likely will not make you sick, they do suggest, of course, keeping them out of bathrooms and wiping them down every now and then. >> where are the wipes. i want to wipe my phone down all of a sudden. >>> all right. let's talk about the weather, and today it's rosemary orozco telling us the weather is cooler than it should be for this time of year. >> yeah, running a bit below average for the final weekend of april. we have partly sunny, partly cloudy skies. outside for your day, and temperatures slightly below where we landed yesterday. we are beg

earlier this month, over 20 privacy andoc ay groups filed complaints with the ftc. youtube illegally collects data about under aged viewers. to tnvestigate whethery violate the protection net. anyoan watch youtube videos without an account or logging in. the company has a separate kids app that doesn't collect data for ad targeting. u.s. legislators are looking at broad privacy regulations that would cover google and facebook. and europe is launching more stringent privacy regulations next month. >> the higher leveluestion i whether or not europe is going to keep after google and facebook a intensively as it has, we know that google paid a massive fe last ar, 2.6 billion euros. >> google and youtube aren't as exposed to privacyks r as facebook is. the wall street journal just ported that google has more total user data than facebook. julia borstyn. >> more about alphabet's earn mgs, and what itns for the stock longer term.da el, welcome, nice to have you here. >> great to see you, sue. you. >> said you were looking for solid growth i seems from this report that you

. >> did anybody notify the ftc? >> no, senator, we considered it a closed case. >> reporter: zuckerberg also interrogated about the facebook privacy agreement with users. >> when you look at terms of service, this is what you get. do you think the average consumer understands what they're signing up for? >> i don't think that the average person likely reads that whole document. >> reporter: and when asked if facebook would switch from a free service that shared personal data with advertisers to a paid version that doesn't, zuckerberg is leaving the door open. >> there will always be a version of facebook that is free. >> how do you sustain a business model in which they don't pay your service. >> senator, we run ads. >> he was well versed by handlers but not getting clear answers as to how this happened and what to do to prevent it in the future. >> reporter: zuckerberg claims facebook is better prepared to fight russian disinformation campaigns, calling it an arms race. facebook ceo mark zuckerberg also saying that

on march 26th of this year, the ftc confirmed it was investigating facebook to determine whether its privacy practices violated the ftc act or the consent order facebook entered into with the agency in 2011. i chair the commerce committee subcommittee that has jurisdiction of the federal trade committee. i remain interested in facebook's assertion that it rejects any suggestion of violating that consent order. part two of that consent order requires an facebook "clearly and prominently display notice and obtain users' affirmative consent before sharing their information with any third party." my question is, how does the case of approximately 87 million facebook friends having their data shared with a third party due to the consent of only 300,000 consenting users not violate that agreement? >> well, senator, like i said earlier. our view is that we believe we are in compliance with the consent order. but i think we have a broader responsibility to protect people's privacy even beyond that. in this specific case, the way that the platform worked or that you could sign into an app and

reporter: he says on top of whatever congress might do, facebook is looking at millions of fines from the ftc. still money won't bring people's information back. christopher wily says it's impossible to know if the data from millions of facebook users is still out there, and in who's hands. >> still could be stored in various parts of the world. russia, given that the professor harvesting the data manger was going back and forth. >> my biggest issue is the privacy issue, and what i call the propagandaist issue are both too big for facebook to fix. >>> the fires were among the most destructive in state history, destroying more than 8,000 structures. kpix 5's katie nelson is live to show us what has changed since the wildfires, and what hasn't. >> reporter: last october i was standing right here in this exact spot. but on that day, you couldn't see the end of the street. you couldn't see any of the homes in santa rosa. frankly, it was hard to even breathe. today, you can see downtown santa rosa clearly from here in the sunset vista neighborhood above fountain grove parkway. there's no smoke, no

the ftc says it's okay to remove the pesky warranty sticker. lauren has more. >> lauren: the federal trade commission says the warranty void if removed sticker are b.s. the fired off a letter to six manufacturers -- you've seen those -- of cars, phones and video game consoles. had they wrote provisions that tie warranty coverage to the use of particular products or services harm both consumers, who pay more for them, as well as the small businesses who offer competing products. we don't know which companies were warned but think sony, think microsoft as they make many of the products in question. the ftc says they're breaking the law because a manufacturer can't tell a consumer they can't fix their own stuff or that they can't have a third party fix it. so here's an example. you buy a new honda. it breaks. you take it to your local mechanic. they can't fix it and you take it to honda. the ftc says you can't deny the return because you went to the repair shop first. consumers don't know our rights. many companies exploit that with those no tresp

ftc under the trump administration is eliminating the net neutrality protection which can mean service providers verizon and our parent company comcast can control price and speed of data. >>> an east bay community is wondering if a memorial for fallen soldiers will stay or go. we're learning lafayette city council approved a sale of a hillside filled with crosses, one for every soldier killed in iraq and afrg. the family that owns the land says it has two potential buyers, it's unknown whether the new owner will keep the crosses but the memorial advisory board wants to replace the process with a permanent peace memorial. >>> a park in livermore is slated for a major makeover. there's concern about bill payne's sports park future at the livermore community center on east avenue. >>> coming up next on "today in the bay," "nbc bay area responds". >> it is time to talk about tax day 2019 for real. i'm consumer investigate chris chmoura, i'll give you thousands of reasons to pay attention next. >> facebook is rolling out a new privacy change to comply with a strict new european law. the so

and the ftc to weigh in on what he called the rising c tide ofporate concentration. corporate monopolies are generally considered bad because any allow companies to overcharge for their products but amazon is getting slammed for lowering prices too much, something that consumers actually like. >> the violate anti-trust laws it's not just because you are big. u have to be anticompetitive, you have to be hurting consumers. nobody is making that case. >> reporter: cazon'stics say the company is using its pricing power to squeeze its suppliers, vendors, and even its workers. but it's tough to prove that's anticompetitive and not just good business. >>> our guest tonight says the iticism and attacks on amazon could continue to put pressure on the stock near term, joining us timothy lessco of janrity investment advisors. >> thanks for having me. >> we should point outtou are exactly a bull long term on this stock. you think it's expensive, yes? >> i think it is expensive from a valuation standpoint. certainly it's hard to argue with the fact that amazon provides a really g

the ftc said yes, you can. they fought doing it, and now their technology to do it, i have a service cl nomorobo. it blocks all the robo calls on nmy voip, my cell phone, there's nothing for land line phones. the land line companies made it very clear to me, they're not going to do what is necessary to block these calls because they're switching over to computer technology and don't want to invest in the o copper lines. someone is going to have to force them to do something. >> that issu for . thanks for joining us tonight again. >> herb weissbaum. >>> time is money, and so is data. especially data about your face. p >>>rto rico has suffered another island wide power outage, this blackout comes near sev months after hurricane maria destroyed much of the island's electrical grid and infrastructure. the outage is bei attributed largeste failure at its power plant. the army corps of engineers have spent more than $2 restoring power since the hurricane. >> 1123 years ago today, the great quake hit san francisco dev

child advocates and consumer groups want the ftc to investigate and potentially fine youtube for allegedly violating children's privacy in allowing ads that target them. youtube tracks i.p. addresses, search history, location, and other personal data about users in order to tailor advertising to them. in youtube's fine print, it tells children 13 and under not to use this service. >>> president trump threatened a military strike in response to the apparent chemical weapons attack on civilians in syria. the president met late yesterday with his advisers and said there are a lot of military options. >> we're making a decision as to what we do in response to the horrible attack that was made near damascus, and it will be met, and it will be met forcefully. >> the apparent poison gas attack on saturday killed at least 40 people including children. the president also warned that russia, a key syrian ally, or any other nation that was responsible will pay a price. last year the u.s. launched a cruise missile attack on an airfield in syria following an alleged sarin gas attack. >>> about 15 girls

on march 26th of this year, the ftc confirmed that it was investigating facebook to determine whether its privacy practices violated the ftc act or the consent order that facebook entered into with the agency in 2011 i chair the commerce committee subcommittee that has jurisdiction over the federal trade commission facebook's suggestion that it has any part of violating that consent order. part two says that facebook clearly and prominently display notice and obtain users affirmative consent before sharing any information with a third party. how does the case of approximately 87 million facebook friends having their data shared with a third party due to the consent of only 300,000 consenting users not violate that agreement >> well, senator, like i said earlier, our view is that we believe that we are in compliance with the consent order, but i think we have a broader responsibility to protect people's privacy beyond that and in this specific case, the way that the platform worked or that you could sign into an app and bring in some of your information and some of your friends' inform

so back in 2011 it was a9 settlement with the ftc, and now we discover yet another incidence where the data was failed to be protected. when you discovered the cambridge analytica that had fraudulently obtained all of this information, why didn't you inform those 87 million? >> when we learned in 2015 that cambridge analytica had bought data from an app developer on facebook that people had shared it with, we did take action. we took down the app, and we demanded that both the app developer and cambridge analytica delete and stop using any data that they had. they told us that they did this. in retrospect, it was clearly a mistake to believe them -- >> yes. >> -- and we should have followed up and done a full audit then, and that is not a mistake we will make. >> yes, you did that, and you apologized for it, but you didn't notify them. and do you think that you have an ethical obligation to notify 87 million facebook users? >> senator, when we heard back from cambridge analytica that they had told us that they weren't using the data and had deleted it, we considered it a closed case. i

commitments to the feder trade commission, zuckerberg said they did not break any of theiro promiseshe ftc. and on a number of counts, s zuckerbed he'd follow up with more details to senate staff. sue, back over to you. >> we awa that very much. thin thank you, julia. >>> one reason why there's so much focus on facebook is because of its rapid growth. just consider a decade ago few peoplead heard of it. day its influence in our lives and the stock market is staggering. facebook has 2on billionly users around the globe. think about that. that is four times thepo lation of the united states. here in the u.s. roughly two-thirds of all adults use facebook. and with the exception of youtube, no other major social media platform comes close to facebook in terms of usage. also, according to pew research half of american adults get their news from facebook. when it comes to market influee, facebook is currently the sixth largest publicly traded company with a market value of more than $460 billion. >>> let's turn now to silvaon ey veteran and an earl investor in facebook roger mcnamee. he's been p

we need the ftc to enforce its 2011 consent decree against e cebook. and eed them to pay a meaningful price for that abuse. >> our initiative will be on the ballot in november so californians will have power to take control over their personal information. >> thank youall, mary ross, sam har net, kqed's silicon valley reporter and nick car doe zoe, thanks to you all. >> thank you. >>> in local anpoliticis, oakland mayor libby schaaf receives flak over immigration in february. donald trump called her actions an obstruction. meanwhile ty continues to grapple with hanging onto its beloved sports teams and a continuing homelessness crisis. joining me now talk about this icing oakland oakland mayor libby schaaf. welcome. >> thank you, great to be here. >> you continue to be in the cross hairs of the department of justice. yesterday the department ofic ju sent the city of oakland and severals other cit letter demanding that the city turn over documents that could show oakland is breakig federal law by restricting what information police can shareh wmmigratio

. >> did anybody notify the ftc? >> no, senator. we'd considered it a closed case. >> reporter: zuckerberg also interrogated about facebook's privacy agreement with users. >> when you look at terms of service, this is what you get. do you think the average consumer understands what they're signing up for? >> i don't think that the average person likely reads that whole document. >> reporter: and when asked if facebook would switch from a free service that shares personal dad with advertisers to a paid version that doesn't, zuckerberg leaving the door open? >> there will always be a version of facebook that is free. >> how do you sustain a business model in which users don't pay for your service? >> senator, we run ads. >> he obviously was well versed by his handlers, but certainly not getting really clear answers to how this happened and then what they can do to prevent it in the future. >> reporter: zuckerberg also claiming that facebook is better equipped to fight russian disinformation campaigns, calling that an arms race. he als