sheryl sandberg yelled at me. i had no confidence we'd found out everything the russians were up to and was quite possible that things would get worse before we built teams and invented the technology necessary to stop it. sheryl as reported in this past week's "new york times" investigation felt blindsided by this. she later apologized. you feel she is getting thrown under the bus. julie: i think it's been going on a lot longer and is related to technology at the company and the way algorithms are used and for other purposes. that's why i, you know, mark zuckerberg, you know, obviously doesn't get sort of the impact that his company has on society. he doesn't have the people skills. peter thiel completely understands what was going on. palantir was hired by the federal government for several agencies to uncover different kinds of problems in all of their record keeping and he completely understands how to -- what can be used. how you can use this technology for evil essentially. he was the one on the board who sh

charles: you're a fan of sheryl sandberg. >> i am a fan of sheryl sandberg. charles: are you disappointed about some of the things you're hearing about or reading now. >> i think it is disheartening. kind of tough in a position running a company with that size, a founder same age as i am. charles: she was brought in because of that. >> she was brought in. charles: some of these things have fallen into. >> many accusations someone wrote book on leaning in, she hasn't been particularly leaning for women in the organization and elsewhere. it's a tough time. seems like she will be there for the foreseeable future. charles: jenna, matter of time before legal stuff starts swirling. the debate will be how should these companies be regulated. regulations will come and will they be considered like true authentic media companies than just aggregators of information? >> i would agree with the other ladies on panel, this is particularly bad timing. sheryl sandberg just testified recently before congress. there is so much scrutiny on activities of facebook and particularl

sheryl sandberg was an inspiration. i do a lot of home exchanges and i remember i open the closet door of the woman's house like you switch houses with people. >> for fun? [laughter] . >> in a different city. it is free and we get a car and everything. [laughter] so into closets they had cut out leaned in and had that there is they are points of inspiration. . >> but it is self-help using the language of feminism and when people go to the workplace they don't think how can i make it structurally better for women? you try not to be a jerk or just to be a good force you probably cannot solve feminism in your own office. >> why not? and to position yourself and that protect the profits of that company or could you spend your capital like a slightly more generous but if you are 33 years old to get promoted at work complaining about women's benefits day in and day out you may not get that one - - promoted. if you think of the cause it just might not be as applicable to your daily life if you think about mentor ship. . >> in

sheryl sandberg responding to a bombshell report that facebook ignored russia's role in the 2016 election. it is friday, november 16, 2018. you are watching "worldwide exchange" on cnbc. ♪ >>> good morning welcome to "worldwide exchange." i'm dominic chu. brian sullivan is on assignment. let's check on the markets futures pointing to, as you can see, a slightly lower open the dow jones off by 31 points the s&p by 6, nasdaq by 48 points on the treasury side of things, we're seeing a bit of movement on the ten-year treasury note yield, 3.12% 2.78 for the two-year treasury note yield in the energy market crude prices -- we've been talking about this idea of the downtrend in place, another green spec out there. wti at 57.28 ice brent futures, $67.68. turning now overseas, on the asia side of things, overnight we saw a move to the knee kaunia half percent to the down side. the shanghai composite up about a half percent in europe, broadly speaking a genuinely positive tone there. the dax up by a half percent the cac by a quarter percent the ftse 100 up by 0.1%. sticking with europe, the briti

sheryl sandberg was an inspiration. i do a lot of home exchanges and i remember i open the closet door of the woman's house like you switch houses with people. >> for fun? [laughter] . >> in a different city. it is free and we get a car and everything. [laughter] so into closets they had cut out leaned in and had that there is they are points of inspiration. . >> but it is self-help using the language of feminism and when people go to the workplace they don't think how can i make it structurally better for women? you try not to be a jerk or just to be a good force you probably cannot solve feminism in your own office. >> why not? and to position yourself and that protect the profits of that company or could you spend your capital like a slightly more generous but if you are 33 years old to get promoted at work complaining about women's benefits day in and day out you may not get that one - - promoted. if you think of the cause it just might not be as applicable to your daily life if you think about mentor ship. . >> in

so you had a conversation with sheryl sandberg. how did it go? did she reassure you that this time they understand that it's beyond the pale? >> you know, i appreciate that sheryl sandberg responded immediately to my letter. i appreciate that mark zuckerberg in his press conference expressed some admiration for george soros. but you can't in one instance express some contrition and then immediately move to a space of contest with your critics. sheryl sandberg told me they were firing that group, and they did so but without any admission of wrongdoing. she also took up my question about whether or not facebook would support an independent investigation and review of this black opps false flag operation that they funded. she said they would take that into consideration, and i appreciate that. but i also appreciate the fact that the new incoming majority in the house of representatives is asking some very tough questions. some procedures have already been filed with the federal trade commission, and the issue of monopolistic control of the internet

this is not sheryl sandberg's last chapter. she got a lot of credit for with $50a business billion in sales, helping mark zuckerberg taking facebook to millions of users. she is part of the policy and legal teams at facebook. she took responsibility for some of the recent revelations, the abuse in some of the relationships with outside pr firms. she has to answer for some of facebook's mistakes, but that is what leaders do. they take responsibility. andill see how quickly carefully facebook and respond. if they can't right the ship, i think her legacy will be hurt. emily: it is reported she prioritized her own brand over facebook and focused on messaging around the challenges rather than getting to the root of the challenges as she was focused on growth. sandberge report on going to d.c. to smooth things over around some of these issues, the trip backfired because she didn't have enough conch read to respond to some of didn'tries of law -- she have enough concrete information to respond to some of the queries of lawmakers. bria

we have a quote from sheryl sandbe sandberg. your reaction? >> facebook is under siege again in washington. for a long time law makers has been asking whether facebook has done enough from everything to election dissemination to privacy. then you add to that the way facebook hired the blow back. folks are now questioning whether mark zuckerberg and sheryl sandberg have their hands on the reigns so to speak. >> reading that article, did you think it was the threat of regulation or the threat of consumer blow back? >> i think it's both. it goes back to their bottom line. you have marketers saying if you can't trust the company in terms of what they're telling you, we have a problem and of course consumers there was a #deletefacebook. the data mine is their cash crop. regulation, remember it's not just the united states. europe has been making stronger noises and they have stronger anti-trust laws. >> i want to talk about the article saying they were distracted by personal projects. how safe are they in their positions when you look at the ramifi

sheryl sandberg defended herself writing "to suggest we were not interested in knowing the truth or we wanted to hide what we knew, or that we try to prevent investigation, is simply untrue. the allegation saying i personally stood in the way are also just plain wrong. this was an investigation of a foreign actor trying to interfere in our elections. nothing could be more important to me or to facebook." emily: she also called the tactics used against george soros of laurent -- a poor and -- abhorent. bloomberg is reporting depressed route as employees try to grapple with what they read. this as investors call for zuckerberg to split his role as ceo and chair along with renewed calls from lawmakers to investigate legal ramifications of it all. here to dissect it all is michael wolff and kyle jensen. at a higher level, how do you think these governance issues will play out here? you have the top two leaders set aside for both being asleep at the wheel. michael: from a governance perspective, we have to remember facebook is a control company. mark zuckerberg controls the voting in the co

>> sheryl sandberg should at a minimum be put on probation. but she should probably be replaced why is it okay for mark have misconduct at hp and be punished but her not? mark deserved another chance to lead again somewhere else as he does at oracle sheryl sandberg and mark zuckerberg, harder to remove him. this company right now is standing for smearing instead of bringing the world together as they argue and making us closer. it's open with campaigns of smearing their opponents attacking u.s. senators. look what they did on the chart of the privacy of who's using facebook, making public how u.s. senators are -- >> but you're comparing what sheryl did to a sex scandal with mark hurd? >> oh, i think it's much worse this is far worse. what mark hurd did, supposedly he was pursuing. i don't know whatever happened there. but it was a misuse of company resources. i think it was wrong anybody else in the company would have been fired. this company has no legislatimay in the eyes of their employees this is why they don't enforce their own rules. thi

sheryl sandberg wanted him investigated. that apparently is a negative, but the stock this morning is up another buck at $139. >>> then we have google's ceo, sundar pichai, will be on capitol hill next week to testify before the house judiciary committee. up next, we will be joined by a member of that committee. i want to know what is our guest going to ask that man on your screen right now? stuart: president trump speaking with prime minister abe of japan, i believe. let's hear what's going on. [ speaking in a foreign language ] >> i'm not surprised at all. i just want to say that we have many things that we'll be talking about, in particular, protection, military type, also trade. we're doing a lot of business with japan and trade. the deficit is coming down. it's a massive deficit between japan and the united states and it's coming down. [ speaking in a foreign language ] >> japan is buying large amounts of our fighter jets, f-35s and others, and we appreciate it very much, but they are really working with me on trying to

sandberg, why the facebook ceo says he wants to work with sheryl sandberg for decades to come and says he has no plans to step down himself as chair. cut, foxconn is planning to $3 billion from expenses next year. could this be a sign of trouble for the global electronics industry going much deeper than apple? the out that chair is struggling with google's china strategy -- phabet caret struggling with google's china strategy. first, to the top story. continued volatility intact. wednesday morning, stocks climbed after steep losses tuesday. the nasdaq and s&p 500 saw gains to start the day. even apple, which had lost 7.5% monday and tuesday, again with modest gains after reports of iphone production in cut. let's go to new york where julie is standing by. every day is different, how do we know how to assess the market? julie: that is what happened in a light trading week. a lot of people have taken off for the holidays. the swings could be quite exaggerated. something you pointed out is that these big tech companies really saw an awful first two days which made the entire fall quite a

. >>> later, more bad press for facebook why sheryl sandberg is topping the headlines this morning it has do with george rosos. it's a story you need to hear. , causing a lack of sharpness, or even trouble with recall. thankfully, the breakthrough in prevagen helps your brain and actually improves memory. the secret is an ingredient originally discovered... in jellyfish. in clinical trials, prevagen has been shown to improve short-term memory. prevagen. healthier brain. better life. so they say that some day ai will transform the human race. well, today you're a little busy transforming your call center. dealing with millions of customers a year, like this one. no, i'm pretty sure i didn't order a squirrel playing a guitar. that's why you work with watson. it works with your systems to resolve calls faster and improve customer satisfaction. i detected fraud and helped reassign a new credit card. honey, they're overnighting us a new card. woooo!!! woooo!!! for ai that works with tools you already use, choose watson. hello! the best ai for the job. [ neighing ] [ neighing ] [ sigh ] it'

then he says sheryl sandberg hasn't even read this report. so if the question is that you've got this opposition research firm, which you fired, because it doesn't align with your values and you and sheryl sandberg don't even know that you've hired it to work for your company and are not aware of the work that it's doing, you can talk all you want about growth and making the world a better place, but if your company is going out and hiring firms like that, with or without your knowledge, clearly something's wrong here. and clearly -- >> well, yeah, it does seem to me that you sort of have tony, only, two ways to look at that, if zuckerberg is saying, look, i didn't know about it and sheryl sandberg didn't know about it. either nobody at the top is in control of what they say that they are committed to doing, which is to make sure that this is followed, gotten under control, that they figure out ways to do this better, so there isn't election interference, so there isn't this kind of trolling, et cetera, et cetera, or they're not telling the t

you got something to say. >> a point on sheryl sandberg. she was hired to be the adult in the room as a feeling that mark zuckerberg was not ceo material. >> hold on. time out! that's bs that we have allowed that narrative. well, sheryl's there to be the adult in the room. name me one -- hold on. name me one other company that the media would have allowed, well, that ceo's a little bit babyish and they have to bring in something else. >> you're absolutely right but this is a culture clash between different industries, between media industry used to like covering finance or business or politics and then silicon valley treated with kid gloves and government, media, public didn't know what to do with. look at that shiny, new object. and sheryl sandberg was very, very effective to give the semblance of corporate responsibility but here's the greatest evidence to know that she is no longer the right adult in the room or not the only adult in the room because in that "wall street journal" report, this is far more important than any tiff happening

i agree with sheryl sandberg and what she said there. it is very hard for a private company to insert itself, take the place of the public square, and then try to have rules around that in a profit-making enterprise. >> nobody said it was easy, but that is their job. >> but that is what they have done. and that is the crux of the problem. the same thing that makes facebook so profitable and makes it so much money, the fact that they know everything about me and you and what we like, what we respond to, what we share is precisely what makes it an effective machine. probably the best ever invented for spreading propaganda and hate and disinformation. that is the paradox they have right now. >> amazing. i remember the last interview i saw with sheryl sandberg. she was saying, it's really just there for people to re-connect with their friends from high school. scott? >> i don't know if you remember this -- >> i do. >> may 18th, 2012, you and i were at the facebook ipo and there was a glitch and we sat there on live tv for 2 1/2 hours trying

sandberg she was almost treasury secretary so like. you know as all house of cards the facade of progressivism sounds like a good recipe for dessert well cranberry sauce and maybe. some marshmallows on marshalls while we back after the break down go away. holds a cinch to. put themselves on the line to get accepted or rejected. so when you want to be president and should. want to be it's. going to be close it's like the before three in the morning and people. interested in the water. sit. down with. a dolly is what out of the. we got garrett over here we care the music with us. we are here we were dragged here. by you looking to get rid of those who will not go away we will not die quiet. real the hard work we do is the true. welcome back to the kaiser report imax keyser time to return to our conversation with tyler janks of hyper a way of time the welcome back thank you very much max. let us continue our conversation about markets macroeconomics gold that going so as we noted in the previous discussion this ten year bond seems to be r

and sheryl sandberg said i might have gotten e-mails about this. then in the last few hours we're getting from facebook that sandberg herself had directed some research into this. now, facebook is keeping these two things separate, definers and sheryl sandberg. let me read to you a statement from what facebook said. as elliott said last week, we researched potential motivations behind soros's criticisms of facebook in 2018. he is a prominent investor and we looked into his investments and trading activity. that research was under way when sheryl send an e-mail asking if mr. soros had shorted facebook stock. as she said before, she takes full responsibility for any activity that happened on her watch. not unusual for a coo to do this, but the issue is the shifting narrative of how this was done. >> thank you for updating us. >>> happening now, president trump is attending the welcome ceremony at the g-20 summit in argentina. all of this as he's trying to strike a major trade deal with china this weekend. more on that next. our new, hot, fresh breakf

sandberg she was almost treasury secretary so like. you know as all house of cards the facade of progressivism sounds like a good recipe for dessert well cranberry sauce and maybe. some marshmallows on marshalls while we're back after the break down go away. i've been saying the numbers mean something they matter us as a rich one trillion dollars in debt more than ten point zero or more in tamping each day. eighty five percent of global will be loans to the ultra rich eight point six percent market saw a thirty percent rise last year some with four hundred to five hundred three per second per second and bitcoin rose to twenty thousand dollars. china is building a two point one billion dollar a i industrial park but don't let the numbers overwhelm. the only numbers you need to remember is one one business shows you can't afford to miss the one and only. cranking gave americans a lot of new job opportunities i needed to come up here to make some money i could make twenty five thousand dollars as a teacher or i could make fifty thousand d

sandberg she was almost treasury secretary so like. you know as all house of cards the facade of progressivism sounds like a good recipe for dessert well cranberry sauce and maybe. some marshmallows on marshalls while we're back after the break down go away. cracking gave americans a lot of job opportunities i needed to come up here to make some money like me twenty five thousand dollars as a teacher or i could make fifty thousand dollars a year truck so i chose to truck people rushed to a small town in north dakota was among the rate of zero percent like gold rush is very very similar to. this beautiful story ended with pollution and devastation a lot of people have left here i don't know too many people here anymore slow down so much they lost their jobs got laid off the american dream is changing that's not what it used to be. it's a tough reality to deal. welcome back to the kaiser report imax kaiser time to return to our conversation with tyler janks of hyper away of time the welcome back thank you very much max. let us continue o

emily: as you said, a lot of the reporting has focused on sheryl sandberg's decision in particular. we had an argument made on the show earlier this week by an investor who had a counterintuitive take saying she believes sheryl sandberg is being thrown under the bus and what really needs to be looked at is the decisions of the board over the last several years getting up to this point. >> i only feel like she is being thrown under the bus because i think this stuff has been going on longer and has been a bigger problem that is related to technology at the company and the way algorithms are used in the way they are used for other purposes. that is why, mark zuckerberg obviously doesn't get the impact that his company has on society. emily: sarah, there is a lot of blame to go around, but what about this board which is filled with experienced tech investors and ceos? sarah: the board is pretty defanged because zuckerberg holds all of the voting control in this company. not all of it but the majority. he is basically on fireball and is the chairman of the board. if you look and how fac

sandberg she was almost treasury secretary so like. you know as all house of cards the facade of progressivism sounds like a good recipe for dessert well cranberry sauce and maybe. some stolen marshmallow stolen marshalls well way back after the break down to go away. i was. a dolly is what i was and the. we got garrett over here we care the music with us. we are here we were dragged here. by you looking to get rid of those who will not go away we will not die quite. real the heart of what we do is the true. welcome back to the kaiser report imax keyser time to return to our conversation with tyler janks of hyper way of tyler welcome back thank you very much max. let us continue our conversation about markets macroeconomics gold that going so as we noted in the previous discussion this ten year bond seems to be rolling over which implies rising interest rate for an extended period of time a secular move where rates go up year after year something we haven't seen in thirty seven years i think you could say two generations of money manag

this is not the last chapter in sheryl sandberg's leadership at facebook. she got a lot of credit for building a business with $50 billion in sales, for helping mark zuckerberg take facebook to 2 billion users. she is also the head of the legal and policy teams at facebook and on friday took responsibility for some of the recent revelations, abuse and some of the relationships with these outside p.r. firms. she has to answer for some of facebook's recent mistakes, for a lot of the bad publicity. that's what leaders do. they take responsibility. that's what she has done. we'll see how quickly and carefully facebook can respond to some of these things. yes, if they can't right the ship i do think her legacy will be hurt. emily: some of the more specific details in the report that she not only prioritized her own brand over facebook but focused on messaging around the challenges rather than getting to the root of the challenges as she was focused on growth. for example sarah reports on sandberg going to d.c. in 2017 to try to smooth things over around some of

sandberg should leave. are they justifiable by critics? >> i think leadership is lonely and i've been with that through the dotcom bust in 2001. i think they're still a very, very good company and you were talking about amazon and jeff bezos said the same thing and i think it's very important that we're careful about addressing the issues and not drive a solution that's going to cause real problems both to the company and to the growth in the long term, but i think it goes back, government and business have to work closer together i think when we don't communicate back and forth we have a lot of problems and it's a great time to be involved with start-ups are where the job creations will occur it's important that our country also get back to the basics. we will destroy a lot of jobs with the technology being back to the market and we have to create the new jobs, as well >> indeed, and i know you're hard at work on that john chambers, chairman emeritus of cisco thank you. >> thank you all very much >>> when

time to discuss that report that sheryl sandberg ordered the company to investigate george soros after he made disparaging comments in davos. you'll recall when this first came out she said she knew nothing about it as we head to break, a look at the premarket winners and losers in the dow i'm ken jacobus and i switched to the spark cash card from capital one. i earn unlimited 2% cash back on everything i buy. and last year, i earned $36,000 in cash back. which i used to offer health insurance to my employees. what's in your wallet? and then, more jobs robegan to appear.. what started with one job spread all around. because each job in energy creates many more in this town. you have a lot of deadlines in your business, right? we miss deadlines, we don't get paid. what if you lost your network connection? you gotta be kidding me. chaotic. our gig-speed network lets you download files up to 20 times faster. and we go beyond fast with 4g lte backup for complete reliability. so, if you lose your network connection... ♪ ♪ you won't miss the deadlines. having the confidence of something

the second thing is facebook is definitely in need of another adult in the room besides sheryl sandberg. i was on that phone call on thursday, went an hour and a half, it is not clear to me that mark zuckerberg has really internalized these problems, that he understands that being ceo of a company is not just about programming or creating products, it's about having a moral compass, it's about accountability and responsibility. it's about understanding the influence that your platform has across the board and around the world. i think he looks at this problem and he thinks two things, one it's sort of noise because he thinks i'm creating this company that's going to change the world. you know, and two, he sort of thinks, look i'm a programmer i can fix it. it's going to take more than what you are capable of. >> the accusation, the platform 2016 had issues with false news, right, and this report comes out that the company itself may be out there creating the very same idea, and i'll read what sheryl sandberg said on cbs this morning just yesterday. she said this quote, we absolutely did

david: as you talk with sheryl sandbergs and mark zuckerbergs of the world, how do you get in front of this instead of the appearance you are being dragged kicking and screaming? ♪ david: so let's talk about the tech world. what are the obligations, the moral obligations, of the tech world as it has become a very big business for the rest of us? reid: it is one of the chapters in the book "blitzscaling." what is responsible blitzscaling? we are not just challengers to disruptors. we are becoming part of the social and logistics infrastructure. as we have become part of that infrastructure and we get to scale, our responsibilities change. we have to be transparent. we have to be in dialogue with society. we have to be more careful about which risks we take because we have a greater impact with that. david: does technology have a brand problem? we love facebook or twitter, but at the same time, there are questions being raised now. can we trust these people with our information, data, patterns? is there a branding problem here? reid: there is definitely a brand challenge at the moment,

with the top executives mark k zuckerberg and sheryl sandberg ignoring the warning signs and trying to seek to the conceal them from the public. they did in fact hire a republican strategy firm that use uses political campaign tactics to falsely accuse george soros to a broad anti-facebook movement. and joining me is the president of george soros' open foundation, and it is good to the talk to you, patrick, and this is a real crisis in your world, and that our world, and you have written overnight a letter to facebook to the executives demanding explanation, and have you heard anything back from them? >> andrea, thank you so much for having me on, on this critical topic. i did indeed reach out to sheryl sandberg at facebook and she has said she will speak, and i appreciate the prompt response to my inquiry, but there are so many questions about not only george soros, and the open foundation society and the abuse of the name and there are questions about the integrity of the role that facebook played in the democracy and now that we know that they ran this operati operation, we are wond

david: as you talk with sheryl sandbergs and mark zuckerbergs of the world, how do you get in front of this instead of the appearance you are being dragged kicking and screaming? ♪ ♪ david: so let's talk about the tech world. and how it interacts with the rest of the world. what are the obligations, the moral obligations, of the tech world as it has become a very big business for the rest of us? reid: it is one of the chapters in the book "blitzscaling." what is responsible blitzscaling? i think the thing the tech industry has been learning is oh,we are not just challengers to disruptors. we are becoming part of the social and logistics infrastructure. as we have become part of that infrastructure and we get to scale, our responsibilities change. we can't just say hey, trust us, we're building new products. we have to be transparent. we have to be in dialogue with society. we have to be more careful about which risks we take because we have a greater impact with that. david: does technology have a brand problem? we love facebook or twitter, whatever social media we're on, but at th

sheryl sandberg had employees look into the billionaire's holdings of the company. the reasoning was that sandberg wanted to determine whether soros who had criticized the network at the economic forum, had a financial reason to do so. this is the latest revelation calling into question facebook's leadership and actions during this time of crisis. in washington, we have sarah miller, the deputy director of the open markets institution and the spokesperson for freedom of facebook and anti-facebook coalition. in the studio we have sarah frier of course. what is the real problem here? is it that sheryl sandberg asked employees to do research on the financial connections or financial interests of george soros as a pertains to facebook, or that facebook's explanation of what happened and who knew what when keeps shifting. sarah f.: it is the latter. -- whowho makes runs the company wants to know the criticism that there company has an this is an instance where --dberg initially decide denied knowing anything about the research firm that sorostely linked to the freedom of

the idea that sheryl sandberg or mark zuckerberg have any future in politics seems laughable now. she was leaning in and he was on a tractor a couple years ago. the idea that tech is some benevolent source for good also seems to be blown up in nick's reporting. >> silicon valley has long held this view of itself that it was one of the american industries where everyone won. the customers won. shareholders won and the company itself won and they didn't do any harm. famously google's motto about itself was, do no harm. and facebook's been laboring mightily not to get regulated as a media company. they keep defining themselves as a technology company because they don't want to have to deal with the regulatory universe that comes with being regulated as a media company, like making are sure people that advertise on your site are -- have good bona fides. >> there is no basic consumer privacy law in america. none. there is none. you have no protection. you have the protection these companies give you. use google, facebook, they say, here's the deal. this is a privacy we give you. take i

later sheryl sandberg said maybe the news crossed her desk. now, we hear she sent an email asking her team to look into the financial incentives of george soros, which is not particularly unusual thing to do, but facebook has come out saying we were starting to do this before cheryl asked. she was not the one who directed the research. it's more about, why are we getting so many stories? there is a drip drop of news and explanations from facebook when they could have been more upfront about this from the beginning. you point out, she coo.oing her job as you could say she was doing her fiduciary duty. thank you so much. from new york and from london, this is bloomberg. ♪ ♪ caroline: this is countdown to the close. : joe weisenthal joins us at this hour. stocks have settled on a direction and rates have settled on a direction. joe: the 10 year yield is getting down close to 3%. down tohe 10 year yield 101. -- theee yard -- 30 year 10 year yield down to 3.01 and the 30 year down to 3.30. today, it hit that 3% level once again. in terms of ind

>> i think a lot of these reports didn't paint sheryl sandberg in the best light. would she lose her job, would her job change? he said, no, she wouldn't lose her job, i hope to be partnering with her in ten years. you have to keep an eye on that. sheryl sandberg has her own brand. another question is, you know, is mark zuckerberg too powerful? he's the ceo, chairman and makes all the decisions in facebook. i asked him would he step down as chairman? he said definitively no. he has no plans to step down. >> what about facebook stock? we've talked a lot about how it's taken a hit this year, other technical stocks have as well, amazon and apple. how much does that factor into the company's decisions? >> in order to get on top of what they have to get on top of, they have to invest billions. they hired 30 security officials to get on top of the security problem. and they won't emphasize sensationalist content. but that leaves less eyeballs on screens. so it's something fundamentally wrong with the business model. if they're able to get on top of this, the business is

with the idea that maybe mark zuckerberg will run for president or sheryl sandberg will be president. lean in, the book, the best seller, transparency. you find out there wasn't a lot of transparency in how they handled election ads in 2016. a big "new york times" piece before this a couple weeks back talking about them digging up dirt on rivals. do companies do that? sure, i'm not stupid about that. my point is that facebook was supposed to be the next new thing that was a positive force in this country. i think they are digging out of a lot of bad stuff. >> for a while it was a positive force. they're under a lot of pressure and sheryl sandberg doesn't show any signs of ending any time soon. >> a lot of talk about whether or not she stays. the head of communications of facebook is gone. a lot of anti-semitism attached to the attack on soros and could really damage facebook. >> sandra: thank you, a-team. >> bill: hotel hacking, one of the biggest chains in the world announcing a major data breach. half a billion affected. what to know and how to know after your data has been compromi

. >>> breaking overnight, new trouble for facebook executive sheryl sandberg. what she ordered her employees to do when the company came under fire. the fallout this morning. >>> new video showing the colorado man who murdered his pregnant wife and daughters loading his truck in his driveway. what he reportedly did just hours after the killings. >>> plus, porn in prison. the new lawsuit claiming inmateo view it. >>> no more passports? the technology behind big changes at the airport. >> girl power. >> i just can't believe it got to this point. >>> the 9-year-old who wrote to a basketball superstar demanding he make sneakers for girls too. >>> good friday morning, everyone. we begin with new details in the russia investigation. following that bombshell guilty plea from the president's former lawyer. >> michael cohen has admitted to lying to congress. he now says talks about building a trump tower in moscow continued well into 2016 even after trump had the republican nomination wrapped >> mfe rep that the trump organization planned to give vladimir putin a $50 mi

this move could be interpreted as a way of saving sheryl sandberg. >> she hired the firm that played a central role. sandberg admitted she received e-mails about definers after saying she did not know facebook hired the firm. >>> coming up, lebron james feeling the love after returning to cleveland for the first time arrest a la as a laker. andy scholes has more in the "bleacher report." join t-mobile and get the samsung galaxy s9 free. ♪ bum-bum-bum-bum-bum at dewar's, all our whiskies are aged, blended and aged again. it's the reason our whisky is so extraordinarily smooth. dewar's. double aged for extra smoothness. you ok there, kurt? we're about to move. karate helps... relieve some of the house-buying... stress. at least you don't have to worry about homeowners insurance. call geico. geico... helps with... homeowners insurance? been doing it for years. i'm calling geico right now. good idea! get to know geico. and see how easy homeowners and renters insurance can be. welcome to emirates mr. jones. just sit back, relax and let us entertain you.

sheryl sandberg hasn't been spared from zuckerberg's criticism. "wall street journal" reports earlier this year he blamed her for the public fallout over cambridge analytica saying she should have been more on top of cracking down on objectionable comments she was rattled by that and questioned whether she should be worried about her job. then last week zuckerberg said sandberg continues to be a, quote, important partner then reports from alex stamos, former chief security officer, in "the washington post" confirming many of the details he said were b.s yet at the same time effectively being defensive about the company and its role in all of this at least what their efforts were about. >> but their efforts and intentions were. >> i think the intentions piece is important >> right i think that's where there is still room to kind of maneuver who knew what when, who should have known what when, and what were their intentions. >> let's just make this optional >> becky >> it's just so fluid. >> it's a fluid show >> it has jk on it, but i'm not particul

sheryl sandberg stifel analyst says excludeing a major caning they are looking at reputational turn around fraught with execution risk. sandberg dpoiing the reports of mismanagement. saying to suggest we weren't interested in knowing the truth or wanted oh hide what we knew or tried to prevent investigations is simply untrue now there are fwroeing calls for regulation senator mark warner saying he is disappointed with facebook management. >> i think there are ways we can find common ground they have to come to the table so far what they've said is yept to work with you but getting to specifics, there is not a lot of give on their side the notion that the wild wild west days of no regulations at all, no fward rails, just can't exist any longer. >> and yesterday warner fellow exactic senators be klobuchar, blumenthal, corns and hirono wrote the department of justice and urging a investigation into facebook for hiring political consultants to spread disinformation about people criticizing president bush but jp morgan's doug and muth says he doesn't think "the new york times" expose will make

he is also expressing his full support for sheryl sandberg and defended his company on cnn yesterday, watch this. >> there are always going to be issues but if you're serving a community of more than 2 billion people, there is going to be someone who is posting something that is problematic, that gets through the systems we have in place no matter how advanced the systems are. these are complex issues you can't fix, you manage them on an ongoing basis. >> julie: let's bring in susan lee, there are problems all right, 2 billion users and now our information is no longer private. that is an issue, you are right. >> that i am so much more, their stock is down 30 percent on the year, if you're working at facebook you are being paid in stock options, that doesn't look for you. young users have been deleting facebook, and in "the new york times" report, that was explosive last week, suggesting facebook has been using opposition research groups peddling conspiracy theories not just about its competitors but anti-semitic conspiracy theories. there is a lot for mark zuckerberg to apologize fo

coo sheryl sandberg getting plenty of the blame for the crisis management. our next guest asks why is everyone ready to forgive the man that runs neighbor kara joins us this morning >> hi, how are you doing >> i had some of the same issues that you mentioned in this column seems to me if mark zuckerberg had been asking questions about the way they were managing the reputational crisis, sheryl sandberg wouldn't be able to forget there might have been more attention to it. he likes to focus on making facebook, not so much on explaining facebook. he views it as a chore. >> i don't know, if he is the ceo, he has to run the company my issue wasn't with sheryl's management which has myriad of problems and deserves a lot of blame for what happened, the two of them are together as a team, you know, but i think what the issue is the way she attacked it is different from him. people tend to give him a pass he is busy making product. he doesn't understand this oh, this and that. she's the adult in the room. i find that offensive. he is the ceo, the controlling sharehol

sandberg in particular hired a republican group republican allied opposition group to basically dig up dirt on their enemies and the enemies were people like matt stoller and people who were antitrust activists who were looking at these monopolies like facebook and and google and collecting data on us and what they did is first of all they got this republican linked group to smear them as being soros which is the classic. you know anti-semitic thing a lot of anti semites will always link everything to soros because he's the one well known politically active jewish financier and billionaire but the other thing is they also convinced that anti-defamation league apparently according to this new york times piece to smear them as well as anti semites and they themselves are jewish but so it's like a really weird story but dark arts and like machiavellian and sort of you know here we are fighting about. and pointing way overseas that that person over there are living seven thousand miles away in the meantime our progressive facade companies all these companies with the facade of a progres

sandberg. butt there''s a whole team of people, including a number of lobbyists who either work correctly for facebook or contracted for facebook wiwill start and they had been -- this is what is mind blowing -- they have been distribibuting the sae kinds of propaganda thatt h have been underermining faith i in amamerican institutionons a and american democcycy, the same kind of propagaganda that t have been d distracting, ththe same d of p propaganda ththat it generd violence in other parts ofof the world, the same kininds of propaganda thahat link critics o gegeorge soros. facebook i is basically employ a compmpany to engage in the veryy sorts of propaganda a anti-semic and oththerwise against its crititics. critics on the hill l in the publicic sector, critics i in te techchnology world, its competititors like twtwitter and google. it is really stunnining that facebook was so foolish and clueless. more than ththat, it shows how desperatate the leadership of facebook i while zuckererberg has

and what should sheryl sheryl sandberg do i mean sometimes you know in these circumstances your shareholders the board they're looking for a sacrificial lamb should she step down or should mr zuckerberg release relinquishes cherami to a well first of all he can fire himself and he has most of the easier the person who can find stuff and he owns most of the stock he's actually turned to bill gates and asked his advice as to what he should do a bill gates of course at microsoft brought in brad smith to run the actual operation so my advice and always to all global leaders is scale your business the same way the business is being scaled in terms of growth scale the leadership that same way so what's happening is the leadership has not been scaled in the same way bought they need to bring in extra no managers with external expertise so if they were to scale the leadership the same way they have the business you would have seen now a plethora of external expertise brought in and that's what they haven't done and they need to do i don't necessary things look a book needs to go let's take an exampl

and sheryl sandberg's response -- i didn't even finish the sentence, didn't finish the sentence and sheryl sandberg's response was -- how dare you report this in front of the board and make us look bad do you understand how horrendously bad this is for democracy? to just say -- well it's a super-effective ad platform, so let's not be too harsh the voice of reason would say -- okay, nas bofacebook's great, ee loves advertising on it however there's some things we cannot allow them to oversee themselves, any more, given the damage that's been done. why isn't that the voice of reason >> 92% of consumers today say they worry about data privacy. 82% of consumers say the government should regulate it. >> they're lying they're taking selfies in the shower >> listen, 82% of consumers think that the government should regulate these companies and the they actually want the government to regulate the companies, but they want the companies to execute on the data privacy. >> look at the economies where the government does that kind of regulation go back to europe go back to china. >> go back to these p