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Jul 26, 2020
07/20
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CSPAN2
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he came to facebook on a state visit. and facebook as a foreign policy. it was like the head of state. it is like some sort of god about nigeria. they have a very active community. a tight community of entrepreneurs. an incoming there, it was a surprise visit. news like this little start of community. i realize later it was kind of a like facebook. because a few months later, the 2action occurred. those big flip prayed and went from this repaired company, did have a lot of issues, but from that point on it was not the answer that were all of the things that it did that were toxic, and it stole peaches the tension and data. in privacy. and flipped the book became the exercise in understanding how that happened. and even the childhood of mark to understand how this thing happened. for starters i can relate his mother that is it something when your story changes in the middle of your book cycle. in have to scramble. steven: and i got to munson into the advantage of facebook. and interviewing the people of facebook. and while this things happening. while the
he came to facebook on a state visit. and facebook as a foreign policy. it was like the head of state. it is like some sort of god about nigeria. they have a very active community. a tight community of entrepreneurs. an incoming there, it was a surprise visit. news like this little start of community. i realize later it was kind of a like facebook. because a few months later, the 2action occurred. those big flip prayed and went from this repaired company, did have a lot of issues, but from that...
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25
Jul 20, 2020
07/20
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CSPAN2
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eye 25
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facebook had a foreign-policy. he was like the head of state almost like a god among the geeks of nigeria they have a very active community of entrepreneurs. his coming there blue their mind. it was a surprise visit actually this little startup community he popped in but they could not believe what was. so i realize later that was peak facebook because only a few months later the 2016 election occurred that was the moment really where it slipped for facebook you went from a revered company but from that point on it was not skating by it had to answer for all the things that it did that were toxic and from people's attention and compromising their data and privacy and that was the flip and then the book became an exercise to understand how that happened then to go back even more than i thought to the early days of facebook and then to understand how this happened. >> i can relay as an author when your story changes in the middle of your book cycle you have to scramble. >> it took me a few years to do and a few month
facebook had a foreign-policy. he was like the head of state almost like a god among the geeks of nigeria they have a very active community of entrepreneurs. his coming there blue their mind. it was a surprise visit actually this little startup community he popped in but they could not believe what was. so i realize later that was peak facebook because only a few months later the 2016 election occurred that was the moment really where it slipped for facebook you went from a revered company but...
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18
Jul 22, 2020
07/20
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BBCNEWS
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eye 18
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and then there is facebook. not just a place for staying in touch with people, but also somewhere where you can share the news that you think is important. and the opinions that you want others to hear about. even if they are unfair, untrue or offensive. which often they are. every social network is battling the issue with trying to moderate content, and for facebook as the biggest, well, there is an issue of even more influence, and even more responsibility to clean up its act. that is exactly what it says it is trying to do. they are setting up an independent oversight board to help it with some of the trickiest issues on the platform. in a few minutes i will be talking to one of the members of that oversight board, but first, here is james clayton with a reminder of how facebook got here. there was a time before russian bots and cambridge analytica and deep fakes when the internet was seen as a more innocent place. a liberator. despots and tyrants would no longer stifle criticism. freedom and free speech woul
and then there is facebook. not just a place for staying in touch with people, but also somewhere where you can share the news that you think is important. and the opinions that you want others to hear about. even if they are unfair, untrue or offensive. which often they are. every social network is battling the issue with trying to moderate content, and for facebook as the biggest, well, there is an issue of even more influence, and even more responsibility to clean up its act. that is exactly...
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12
Jul 4, 2020
07/20
by
ALJAZ
tv
eye 12
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pour money into facebook and then ads play on what's new of an audience. so advertisers can use that and kind of rest easy knowing that their ads are going to be targeted using the same facebook tech that they've come to know and love and it also keeps the general public from knowing about it ad is technically running through facebook spikes. facebook's advertising model is based on getting the attention of its users and keeping inflammatory content works because it attracts all kinds of supporters to back at home it's to fight in the limited content moderation facebook does carry out the standards are vague the rules are applied inconsistently and in force appears to be selective yet there are critics of facebook who say the ad boycott as a cure is much worse than the deceased's. this is absolutely we're all it's specially on a given. all the communications even if certain speakers are completely removed they simply find other social media platforms where they can continue to disseminate their hateful messages in ways that make them even more dangerous be
pour money into facebook and then ads play on what's new of an audience. so advertisers can use that and kind of rest easy knowing that their ads are going to be targeted using the same facebook tech that they've come to know and love and it also keeps the general public from knowing about it ad is technically running through facebook spikes. facebook's advertising model is based on getting the attention of its users and keeping inflammatory content works because it attracts all kinds of...
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33
Jul 20, 2020
07/20
by
CSPAN2
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eye 33
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the growth and future of facebook. he's interviewed by offering financial times global columnist all "after words" programs are also available as podcasts. >> guest: okay, welcome, steve it is nice to see you. the last time we may have sat together is when we were working at "newsweek" in the company campaign or something. but as you know i am a big fan of yours. i was a huge fan of your first book on google and know to come back at this particular moment and talk about facebook the inside story couldn't be more timely. i am just going to start off we have a lot of places to go with this kind going to start with something timely. this morning as we came to the show you heard about the hacking of her and the fact trump has gone to facebook to get his message out. facebook got a lot of criticism for things over the years and i actually wrote a column recently about why mark zuckerberg hasn't fact checked. tell us about your relationship with facebook and free speech. i'm going to throw a big question to launch this off.
the growth and future of facebook. he's interviewed by offering financial times global columnist all "after words" programs are also available as podcasts. >> guest: okay, welcome, steve it is nice to see you. the last time we may have sat together is when we were working at "newsweek" in the company campaign or something. but as you know i am a big fan of yours. i was a huge fan of your first book on google and know to come back at this particular moment and talk...
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28
Jul 30, 2020
07/20
by
CSPAN
tv
eye 28
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facebook -- former facebook employee admits facebook routinely suppresses conservative views. and i have not even mentioned twitter. we actually invited, mr. chairman. we asked you guys to invite him as one of our witnesses. you guys said no. they shadow bent -- they shadow band to members of this committee. , only four,senate only for get shadow band. what mr. dorsey tell us. he said it was just a glitch in our algorithm. i asked him what did you put in the algorithm. a nickel for every time i heard it was just a glitch, i would not be as wealthy of our witnesses, but i would be doing all right. we have heard the excuse time and time again. twitter sensors president trump's tweet on the right to minneapolis. twitter censures the white house for quoting been a president's comments about the right to minneapolis. sensors the president again for saying he will enforce the rule of law against any autonomous zone and washington, d.c. , itcan tweet all you want happened in seattle but the president will not have one in washington, d.c. cannot do that. you give band and censored. he
facebook -- former facebook employee admits facebook routinely suppresses conservative views. and i have not even mentioned twitter. we actually invited, mr. chairman. we asked you guys to invite him as one of our witnesses. you guys said no. they shadow bent -- they shadow band to members of this committee. , only four,senate only for get shadow band. what mr. dorsey tell us. he said it was just a glitch in our algorithm. i asked him what did you put in the algorithm. a nickel for every time i...
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40
Jul 18, 2020
07/20
by
BBCNEWS
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eye 40
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and then there is facebook. notjust a place phone. and then there is facebook. not just a place for staying phone. and then there is facebook. notjust a place for staying in touch with people, but also somewhere where you can share the news that you think is important. and the opinions that you want others to hear about. even if they are unfair, untrue or offensive. which often they are. every social network is battling the issue with trying to moderate content, and for facebook as the biggest, well, there is an issue of even more influence, and even more responsibility to clea n and even more responsibility to clean up its act. that is exactly what it says it is trying to do. they are setting up an independent oversight board to help it with some of the trickiest issues on the platform. in a few minutes i will be talking to one of the members of that oversight board, but first, here is james clayton with a reminder of how phase got to hear. —— facebook got to hear. there was a time before russian bots and cambridge analytica and deep lakes when the internet
and then there is facebook. notjust a place phone. and then there is facebook. not just a place for staying phone. and then there is facebook. notjust a place for staying in touch with people, but also somewhere where you can share the news that you think is important. and the opinions that you want others to hear about. even if they are unfair, untrue or offensive. which often they are. every social network is battling the issue with trying to moderate content, and for facebook as the biggest,...
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if tick talk keeps growing facebook has to continue to innovate facebook's not in of innovating at this point in fact facebook's not doing any innovation what they're doing is they're going out and buying up smaller competitors in order to prevent competition and as i mentioned at $1.00 in to buy to talk themselves and now facebook is leading the charge in trying to plant the seeds that tick talk should be banned in the united states and they're a big part of that argument as well so what they're doing is now trying to use regulatory power to keep out competition the other thing that's not really being discussed today and it's very important is that section 230 protection that's been given to tech companies it's important that congress remembers you cannot get rid of section 230 it creates innovation on the internet you can't allow the abuse of it which is what tech companies are doing they're abusing it you don't get rid of the law that protects people doing it the right way you would force the law to stop those who are using it the wrong way and it will be interesting to see where we
if tick talk keeps growing facebook has to continue to innovate facebook's not in of innovating at this point in fact facebook's not doing any innovation what they're doing is they're going out and buying up smaller competitors in order to prevent competition and as i mentioned at $1.00 in to buy to talk themselves and now facebook is leading the charge in trying to plant the seeds that tick talk should be banned in the united states and they're a big part of that argument as well so what...
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17
Jul 30, 2020
07/20
by
BLOOMBERG
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eye 17
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facebook reported revenue
facebook reported revenue
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7.0
Jul 8, 2020
07/20
by
ALJAZ
tv
eye 7
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our main goal is to stop in december mation on facebook and this is impacting facebook we saw last week their stock prices drop 8 percent we saw $15000000000.00 go out of mark zuckerberg pocket mark zuckerberg was a billionaire before we started this campaign he's going to be a billionaire once this campaign is over the truth is that facebook is going to have to reckon with this so brands probably know that. isn't going to put a realistic dent in anything that he has. and you know. $70000000000.00 by fate is often advertising last year. we don't know how much of that is coming from major brands like coca-cola and we don't know how much of that is coming from . business and the truth and facebook knows that these smaller businesses can't afford to leave a plot or especially in the midst of a global pandemic brand boycotts are always a bit of a performative gesture that certain and we've seen that throughout the years that said they tend to be gestures that firms take quite seriously for the public relations hit that they do represent we saw a way to significant lead out of facebook's mar
our main goal is to stop in december mation on facebook and this is impacting facebook we saw last week their stock prices drop 8 percent we saw $15000000000.00 go out of mark zuckerberg pocket mark zuckerberg was a billionaire before we started this campaign he's going to be a billionaire once this campaign is over the truth is that facebook is going to have to reckon with this so brands probably know that. isn't going to put a realistic dent in anything that he has. and you know....
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22
Jul 27, 2020
07/20
by
BLOOMBERG
tv
eye 22
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valueis still a lot of from facebook. i think they would have incentives to compete with each other and put in place the requisite safeguards so that teams don't get depressed or that elections are not weaponize. i think facebook is pretty right to be broken up. every stakeholder wins in a breakup. the economy wins, innovation wins, the only loser is the ceo of the company who finds they are ceo of one of those seven realms, not the ceo of western .ross -- westoros i think it's very ripe to be broken up. emily: moving on game of thrones, you felt jeff bezos would get most of the praise. he is the richest person in the world but he has never appeared before congress. we have seen all three of the other ceos testify on capitol hill. how are you expecting bezos to handle this? scott: he is very good, smart, charming and likable. i would expect him to laugh a lot. he has a very likable laugh. i would expect him to talk about how amazon is hiring more people than probably any company in a three month time in history. 4% or 5%
valueis still a lot of from facebook. i think they would have incentives to compete with each other and put in place the requisite safeguards so that teams don't get depressed or that elections are not weaponize. i think facebook is pretty right to be broken up. every stakeholder wins in a breakup. the economy wins, innovation wins, the only loser is the ceo of the company who finds they are ceo of one of those seven realms, not the ceo of western .ross -- westoros i think it's very ripe to be...
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31
Jul 8, 2020
07/20
by
CNBC
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eye 31
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i guess facebook -- let's see, we're showing a longer chart there in facebook. today in the intraday action it has not moved higher maybe there's some hope. there's the facebook daily chart. it's actually moving lower starting at that 1030 mark maybe there's hope among investors that some of those advertising dollars, some of that engagement moves off facebook to those smaller rivals, carl >> yeah. we talked to levi's chip berg and he was unekwifable looking for concrete action in terms of changes out of facebook. paul holland, general partner at foundation capital and amit-daryanani good morning thanks for the time. >> good morning. >> good morning. >> you bet >> amit, let's just start with apple, i guess or just megacap tech where do you think investor sentiment is at this point given the seven record closes, apple, for example, has had since the beginning of june and to what degree do you think investors are trying to hedge some of those bets with, you name it, gold or treasuries or some of the other things that have been on the move this week? >> yeah. you k
i guess facebook -- let's see, we're showing a longer chart there in facebook. today in the intraday action it has not moved higher maybe there's some hope. there's the facebook daily chart. it's actually moving lower starting at that 1030 mark maybe there's hope among investors that some of those advertising dollars, some of that engagement moves off facebook to those smaller rivals, carl >> yeah. we talked to levi's chip berg and he was unekwifable looking for concrete action in terms...
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eye 9
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also on the show new developments in the facebook ad caught we'll talk to our from our new york financial correspondent. and we follow the fortunes of a migrant worker in germany was caught up in the largest outbreak of covert 19 in the country so far. hello and welcome to the show i'm stephen beardsley and this is your business update. has moved its app from hong kong joining other tech companies that are seeking to protect users there from china strict new security law a social media sensation is owned by a chinese company and is now in the crosshairs of the u.s. government secretary of state mike pump aoe even said tuesday that banning the app in the u.s. is a possibility. while web users in mainland china have to negotiate a powerful censorship system hong kong's internet is free and open until now anyway google facebook what's up telegram and twitter have all stopped taking requests for user data from hong kong online freedom of expression in the city is seen as under threat i think the word ok all to fear he's already is that. the cyber expression of. the new law means police can fo
also on the show new developments in the facebook ad caught we'll talk to our from our new york financial correspondent. and we follow the fortunes of a migrant worker in germany was caught up in the largest outbreak of covert 19 in the country so far. hello and welcome to the show i'm stephen beardsley and this is your business update. has moved its app from hong kong joining other tech companies that are seeking to protect users there from china strict new security law a social media...
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35
Jul 2, 2020
07/20
by
CNBC
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eye 35
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that change needs to occur at facebook? >> these problems are not yours or mine to fix facebook took the opinion that it is a town square. people say nasty stuff to each other in a town square i think the aches are broke to election hacking and i think of that as not worth it and they ought to throw that away but the conversation in the county square, labelling this information inside of it, i don't know how you do that, and most of the suggestions that i have seen have the unintended consequence of strengthening facebook facebook should label when things are incorrect all that does is make the argument more powerful than before so i don't know how you regulate that >> yeah, spencer, is it tough. i want to ask you here where you recently joined the board and more broadly the space they're operating in teresa carlson who heads the public sector business told us this week that the government is making decisions faster than ever in tech transformation. so who do you think in the world of tech is going to benefit from that >> w
that change needs to occur at facebook? >> these problems are not yours or mine to fix facebook took the opinion that it is a town square. people say nasty stuff to each other in a town square i think the aches are broke to election hacking and i think of that as not worth it and they ought to throw that away but the conversation in the county square, labelling this information inside of it, i don't know how you do that, and most of the suggestions that i have seen have the unintended...
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27
Jul 29, 2020
07/20
by
CSPAN3
tv
eye 27
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facebook, by mr. zuckerberg's own admission, facebook saw instagram as a threat that could potentially siphon business away from facebook. rather than compete with it, facebook bought it. this is the type of anticompetitive acquisition that the laws were meant to prevent. it should never have been permitted to happen and it cannot happen again. i yield back. >> thank you, mr. chairman. i would remind the witness that the failures of the ftc do not alleviate the antitrust challenges that the chairman described. i will recognize the gentleman from colorado and thank him for co-hosting one of the most important field hearings we had in colorado that was very critical in this investigation. you're recognized for five minutes, mr. buck. >> i want to offer my appreciation to you for the bipartisan you have approached the subcommittee's investigation. capitalism is the greatest instrument for freedom this world has ever seen. this economic system has lifted millions out of poverty. it has made america the fr
facebook, by mr. zuckerberg's own admission, facebook saw instagram as a threat that could potentially siphon business away from facebook. rather than compete with it, facebook bought it. this is the type of anticompetitive acquisition that the laws were meant to prevent. it should never have been permitted to happen and it cannot happen again. i yield back. >> thank you, mr. chairman. i would remind the witness that the failures of the ftc do not alleviate the antitrust challenges that...
119
119
Jul 30, 2020
07/20
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CSPAN
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eye 119
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why would facebook product managers want to restrict pinterest's access to facebook but not netflix? >> congresswoman, i'm not familiar with that exchange. i don't think i was on that. >> why do you think you would have to be on that, but why do you think they would make that decision or would make a decision like that? >> well, congresswoman, as i said, we used to have a policy that restricted competitors from using our platform and pinterest is a social competitor with us. it's one of the many competitors that allow people to share -- >> all right. mr. zuckerberg, these examples and supporting documents strongly suggest that facebook does weaponize its platform policies, enforcing them selectively to undermine competitors. but let's move on. mr. cook, i am concerned that apple's policies are also picking winners and users in the app economy and that apple rules mean apple apps always win. mr. cook, in 2019, apple removed from the apple store certain apps that helped parents control their children's devices. do you remember what justification apple cited? >> yes, congresswoman, i do
why would facebook product managers want to restrict pinterest's access to facebook but not netflix? >> congresswoman, i'm not familiar with that exchange. i don't think i was on that. >> why do you think you would have to be on that, but why do you think they would make that decision or would make a decision like that? >> well, congresswoman, as i said, we used to have a policy that restricted competitors from using our platform and pinterest is a social competitor with us....
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21
Jul 30, 2020
07/20
by
BLOOMBERG
tv
eye 21
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and i think facebook is capitalizing really well. doing arguably very invasive things for data. and they have the right people. it doesn't have the same engagement model that facebook has. theends to keep users on platform, spending time and energy, creating revenue for advertisers. emily: i talked to the alphabet ceo about the antitrust hearing and it certainly seems like him lawmakers have made up their minds about google and they could be pursuing aggressive regulation. i asked her how concerned she is about that. she said we are happy to engage with regulators as they review the entire industry, not just google. she did point that out. all companies are the subject of scrutiny and data shows consumers love our product. how concerned are you about regulation? daniel: regulation is important to make sure that we have checks and balances. as a whole, i find the timing of putting this much energy into regulating the tech industry a little bit alarming. there are just bigger things that lawmakers should be focus on -- focused on. thin
and i think facebook is capitalizing really well. doing arguably very invasive things for data. and they have the right people. it doesn't have the same engagement model that facebook has. theends to keep users on platform, spending time and energy, creating revenue for advertisers. emily: i talked to the alphabet ceo about the antitrust hearing and it certainly seems like him lawmakers have made up their minds about google and they could be pursuing aggressive regulation. i asked her how...
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18
Jul 29, 2020
07/20
by
BBCNEWS
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eye 18
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facebook so rather than compete with it, facebook about it. this is exactly the type of competitive acquisition that the anti—trust laws web designed to prevent. you have written that facebook can likely always just buy any competitive product. in fact, on the day facebook bought instagram, would are described as a threat, you wrote one thing about start—ups i5 described as a threat, you wrote one thing about start—ups is you can often acquire them. mr zuckerberg, you are referring to companies like instagram in that, weren't you?|j you are referring to companies like instagram in that, weren't you? i do not have the exact document in front of me but i have always been clear that we viewed instagram both as a competitive and a complement to our services. in the growing space around when smartphones became big, but in the time no one thought of them as a general social network and people did not think of them as competing with us in that space. i think the acquisition has been wildly successful, we were able to continue investing in it an
facebook so rather than compete with it, facebook about it. this is exactly the type of competitive acquisition that the anti—trust laws web designed to prevent. you have written that facebook can likely always just buy any competitive product. in fact, on the day facebook bought instagram, would are described as a threat, you wrote one thing about start—ups i5 described as a threat, you wrote one thing about start—ups is you can often acquire them. mr zuckerberg, you are referring to...
95
95
Jul 1, 2020
07/20
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CSPAN
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eye 95
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you could be on facebook, and have a facebook friend wherever, whenever all in realtime. but having a patchwork of regulations, laws accountability measures, is not enough. dr. stokes, i want to come to al commentsmation here. your discussion today has been so unbelievable. you are working with patients up close. you are working with communities at risk. you brought a global perspective to the problems of conspiracy theories . and scammers out there. what would you say to these legislators that, as a doctor, looking at the physical health and the public health, we need the most? dr. stokes: as a doctor, i hope that makes it clear, that i do not for one moment say that i am an expert on the solutions. i'm just presenting a problem. i want to make it clear that, my testimony is not meant to vilify social media companies. we are in the middle of a pandemic and everyone is scared. people are dying. we are all looking for someone to blame. i think that as much as possible, to have a collaborative effort is always preferable than a confrontational one. one of the things mention
you could be on facebook, and have a facebook friend wherever, whenever all in realtime. but having a patchwork of regulations, laws accountability measures, is not enough. dr. stokes, i want to come to al commentsmation here. your discussion today has been so unbelievable. you are working with patients up close. you are working with communities at risk. you brought a global perspective to the problems of conspiracy theories . and scammers out there. what would you say to these legislators...
14
14
Jul 18, 2020
07/20
by
BBCNEWS
tv
eye 14
favorite 0
quote 0
and then there's facebook. not just a place for staying in touch with people, but also somewhere where you can share the news that you think is important. and the opinions that you want others to hear about. even if they are unfair, untrue or offensive. which often they are. every social network is battling the issue with trying to moderate content, and for facebook as the biggest, well, there is an issue of even more influence, and even more responsibility to clean up its act. that is exactly what it says it is trying to do. they are setting up an independent oversight board to help it with some of the trickiest issues on the platform. in a few minutes i will be talking to one of the members of that oversight board, but first, here's james clayton with a reminder of how facebook got here. there was a time before russian bots and cambridge analytica and deep fakes when the internet was seen as a more innocent place. a liberator. despots and tyrants would no longer stifle criticism. freedom and free speech would
and then there's facebook. not just a place for staying in touch with people, but also somewhere where you can share the news that you think is important. and the opinions that you want others to hear about. even if they are unfair, untrue or offensive. which often they are. every social network is battling the issue with trying to moderate content, and for facebook as the biggest, well, there is an issue of even more influence, and even more responsibility to clean up its act. that is exactly...
54
54
Jul 2, 2020
07/20
by
CNBC
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eye 54
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facebook, buy it or sell it? >> i would be a buyer of facebook it's up 13%. it's grinded through a lot of headwinds in the past. i believe this is 90% politically driven it's about squashing donald trump's voice versus hate speech i mean, there could be threads of that as well, but the truth is i think zuckerberg played this perfectly he shouldn't be the arbiter of truth, dom you have to play it neutral. this is the best i've seen him play this type of event. and i do think that with 2.3 billion users and 7 million advertisers, at a certain point they're going to have to come back to where the eyeballs are and i think this will run its course and work through it facebook is still a buy. >>> coming up on the show after hitting some turbulence this year, we are just about to see the airlines signal the takeoff maybe. >>> later on we are talking red, white and buys as we go all out for the fourth of july with a special independence day edition of trade it or fade it when the world gets complicated, a lot goes through your mind. how long will this last? am i prep
facebook, buy it or sell it? >> i would be a buyer of facebook it's up 13%. it's grinded through a lot of headwinds in the past. i believe this is 90% politically driven it's about squashing donald trump's voice versus hate speech i mean, there could be threads of that as well, but the truth is i think zuckerberg played this perfectly he shouldn't be the arbiter of truth, dom you have to play it neutral. this is the best i've seen him play this type of event. and i do think that with 2.3...
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19
Jul 18, 2020
07/20
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CSPAN
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eye 19
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in particular, facebook. a lot of criticism over the past couple of weeks for having a took a lot- facebook of criticism over the past few works for having a string of comments by donald trump that twitter suppressed. do you think facebook mishandled donald trump's posts in a pivotal moment? representative khanna: i would have handled it differently. i think jack dorsey handled it, but i don't think that is the main issue. jack dorsey is saying that misleading when talking about voter mail-in ballots, but it probably didn't lead to less people reading the tweet, it probably lead to more people reading the tweet. do i think jack dorsey took the right approach? broad than is more donald trump's speech. how are they handling speech giving people false information? how are they handling speech that intentionally targets young african-american voters to suppress their vote? how are they handling speech that is harassing or intimidating or making women in particular uncomfortable? the u.n. had a report that said wo
in particular, facebook. a lot of criticism over the past couple of weeks for having a took a lot- facebook of criticism over the past few works for having a string of comments by donald trump that twitter suppressed. do you think facebook mishandled donald trump's posts in a pivotal moment? representative khanna: i would have handled it differently. i think jack dorsey handled it, but i don't think that is the main issue. jack dorsey is saying that misleading when talking about voter mail-in...
45
45
Jul 8, 2020
07/20
by
CNBC
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eye 45
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>> i think we all need facebook. facebook is like oxygen, like coffee i don't foresee the movement hurting facebook financially what i hope it does is it forces facebook to commit to do things that make us feel more, you know, happier about the progression. it's not looking for perfection, we're looking for information in the right direction. my question is why do we even need a hash tag. in the old world you would fire a vendor the way they were doing and behavior we have no choice. we can fire facebook so we come up with a hash tag to force them to give us attention my hope is that, you know, that we will go slightly bigger alternative to facebook and we will give people a choice. jessica wrote her hope is advertising for journalists and advertisers. people don't look for terms. it's a pause until they come back to facebook >> adam, thanks. we will be speaking to the aforementioned a little bit later in the show. i don't know what he has planned. he'll be on with his thoughts on yesterday. thank you. >>> andrew >>
>> i think we all need facebook. facebook is like oxygen, like coffee i don't foresee the movement hurting facebook financially what i hope it does is it forces facebook to commit to do things that make us feel more, you know, happier about the progression. it's not looking for perfection, we're looking for information in the right direction. my question is why do we even need a hash tag. in the old world you would fire a vendor the way they were doing and behavior we have no choice. we...
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africa's facebook and other social media platforms. to me now. who said i knew that if you read it you can figure that he's made it out in space and is now working so hopefully we can actually start charging the cars here. we are living during the most extraordinary. history. of france for the cocoa for the electric. light of day.
africa's facebook and other social media platforms. to me now. who said i knew that if you read it you can figure that he's made it out in space and is now working so hopefully we can actually start charging the cars here. we are living during the most extraordinary. history. of france for the cocoa for the electric. light of day.
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Jul 29, 2020
07/20
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BLOOMBERG
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facebook, by mr. zuckerberg's own admission and the documents, saw instagram as a threat that could potentially siphon business away from facebook. this is exactly the type of anti-competitive acquisition that the antitrust laws were designed to prevent. this should never have happened in the first place. it cannot happen again. guest has some strong opinions on this. joining us now, roger, early facebook investor and author. roger, i know you have some thoughts on this. facebook has made the case that instagram was much smaller when they bought it. what was your take on that exchange? clearly the house obtained documents that showed zuckerberg was scared of instagram taking users from facebook. roger: i think the thing that is most fascinating about that exchange is exactly what you said. subcommittee has a lot of documentation. i think 1.3 million documents. lots of internal communications. slackedcompany that has , keep this clearly in mind. each of these companies has their own software. it leads
facebook, by mr. zuckerberg's own admission and the documents, saw instagram as a threat that could potentially siphon business away from facebook. this is exactly the type of anti-competitive acquisition that the antitrust laws were designed to prevent. this should never have happened in the first place. it cannot happen again. guest has some strong opinions on this. joining us now, roger, early facebook investor and author. roger, i know you have some thoughts on this. facebook has made the...
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Jul 29, 2020
07/20
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away from facebook, so instead of compete with it, facebook bought it. this is exactly the type of acquisition the antitrust laws were designed to prevent. it should never have been permitted to happen and cannot happen again. i yield back. >> i would remind the witness that the failures of the ftc in 2012, of course, do not alleviate the antitrust challenges the chairman described. with that, i'm going to recognize the gentleman from colorado and thank him for cohosting the field. and i think in the critical investigation we recognize mr. buck. >> thank you plrks chairman. i want to offer my appreciation to you. i want to start by saying capitalism is the greatest instrument for freedom this world has ever seen. capitalism has given the united states the freedom and means to defeat the soviet union, defeat fascism and put a man on the moon. it has made america the freest, most prosperous nation in the world. our witnesses have taken ideas born out of a dorm room, and built these dreams into four of the biggest power players in the global economy. you ha
away from facebook, so instead of compete with it, facebook bought it. this is exactly the type of acquisition the antitrust laws were designed to prevent. it should never have been permitted to happen and cannot happen again. i yield back. >> i would remind the witness that the failures of the ftc in 2012, of course, do not alleviate the antitrust challenges the chairman described. with that, i'm going to recognize the gentleman from colorado and thank him for cohosting the field. and i...
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Jul 29, 2020
07/20
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zuckerberg -- senior facebook employ eidentified messaged me as app on facebook and said that we will restrict their access. was this another example of enforcing facebook's policies against competitors much more strongly? message me? >> congresswoman, i'm not familiar with that specific example but we did have that policy. >> okay, let's move -- in 2014 other facebook product managers openly discussed removing pinterest's access to facebook's platform tools of the as one employee said, hey, i'm 100% in favor of the idea moving it from pinterest but i am not recommending removing it from netflix going forward. why would facebook product managers want to restrict pinterest's access to facebook but not netflix? >> congresswoman, i'm not familiar with that exchange. i don't think i was on that. >> why do you think, you wouldn't have to be on that but why do you think they made that decision? , or would make a decision like that? >> well, congresswoman, as i said we used to have a policy that restricted competitors from using our platform and pinterest is a social competitor with us. it i
zuckerberg -- senior facebook employ eidentified messaged me as app on facebook and said that we will restrict their access. was this another example of enforcing facebook's policies against competitors much more strongly? message me? >> congresswoman, i'm not familiar with that specific example but we did have that policy. >> okay, let's move -- in 2014 other facebook product managers openly discussed removing pinterest's access to facebook's platform tools of the as one employee...
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Jul 1, 2020
07/20
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CNBC
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being anti-facebook, i'm not anti-facebook. i was fired by them. so that always colors things a little, but like i said, like you said, i'm a bit of a technology optimist. >> so to follow up on that, diversity of thought, part of the controversy around the way you were fired from facebook is the argument that because you hold conservative positions that aren't popular, there wasn't room for that. so that's what i want to also zero in on here. how much of the talk in silicon valley about diversity of all kinds do you think is real how much of it do you think is productive how will we know if it's real? >> oh, man, i don't know how to tell if it's real. i will say i think a lot of it is performative rather than substantive. that's one of the reasons i moved out of silicon valley. it's got a bit of a mono culture, expensive place to live, it is hard for your employees to get by, it's hard to find get your kids into good schools. that's why i'm in orange county and started oculus before i sold to facebook. there's a reason i came back as kind of as soo
being anti-facebook, i'm not anti-facebook. i was fired by them. so that always colors things a little, but like i said, like you said, i'm a bit of a technology optimist. >> so to follow up on that, diversity of thought, part of the controversy around the way you were fired from facebook is the argument that because you hold conservative positions that aren't popular, there wasn't room for that. so that's what i want to also zero in on here. how much of the talk in silicon valley about...
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Jul 20, 2020
07/20
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in retrospect we shouldn't have approved the facebook instagram merger or facebook whatsapp merger and the should be much higher bar on future mergers being approved. i also think in terms of tech in particular we ought to look at what these companies are doing in terms of getting access to their platforms, other prioritizing their own products or their own search? making sure they're not doing that. >> on the topic of mergers come mergers are top of mind during a pandemic in which we saw these top tech copies become larger as a lot of startups have people said to be a real windfall and with similar acquisitions. uber announced they are going to be a quite housemates and a couple of antitrust talks have said this raises some concerns about monopoly in the food delivery business. do you share those concerns? >> guest: i do. i do. for similar reasons i had a concern with amazon merging with whole foods. these companies are so powerful, so large, having them expand the footprint is problematic. it puts pressure on the labor markets where workers then don't have as many employers to go to.
in retrospect we shouldn't have approved the facebook instagram merger or facebook whatsapp merger and the should be much higher bar on future mergers being approved. i also think in terms of tech in particular we ought to look at what these companies are doing in terms of getting access to their platforms, other prioritizing their own products or their own search? making sure they're not doing that. >> on the topic of mergers come mergers are top of mind during a pandemic in which we saw...
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right will facebook all suing the e.u. antitrust regulators for what it says are necessary demands for information including personal details of facebook employees it's all part of an ongoing investigation by brussels into facebook marketplace which allows users to buy and sell goods on the platform so far facebook have handed over 300000 documents but they say no more will be sent towards brussels from them the exceptionally broad nature of the commission's requests means we would be required to turn over predominantly irrelevant documents that have nothing to do with the commission's investigations including highly sensitive person information such as employees medical information personal financial documents and private information about family members of employees facebook have also said that they will petition the e.u. court it looks emberg to prevent any further data requests until this lawsuit is heard facebook a coming at this breach of employee privacy as they see it anyway read illegal tooth and claw but this is
right will facebook all suing the e.u. antitrust regulators for what it says are necessary demands for information including personal details of facebook employees it's all part of an ongoing investigation by brussels into facebook marketplace which allows users to buy and sell goods on the platform so far facebook have handed over 300000 documents but they say no more will be sent towards brussels from them the exceptionally broad nature of the commission's requests means we would be required...
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Jul 8, 2020
07/20
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what has happened is facebook has effectively exempted facebook leaders from some of the rules being applied. that's the core of a lot of this controversy. so i think it's hard for them to get out, just doing better by having a bigger team and better contact, isn't going to do much for them, as long as mark zuckerberg is dealing in his hee heels. >> speaking of that digging in his heels, as chief security officer, you worked closely with mark zuckerberg, you know him. i'm curious your thoughts on his motivation right now he's resisting change being discussed by this audit that came out he's resisting change that the advertisers are demanding right now, what is his motivation? what does he care most about the brand or the bottom line >> it's hard to get into mark's head on some of these things i think he feels like he's probably taking a principled position here around what kind of control facebook should have over political speech. to be honest, this is actually a hard problem there is a reason why in our country we don't have laws around this, because we have decided that more polit
what has happened is facebook has effectively exempted facebook leaders from some of the rules being applied. that's the core of a lot of this controversy. so i think it's hard for them to get out, just doing better by having a bigger team and better contact, isn't going to do much for them, as long as mark zuckerberg is dealing in his hee heels. >> speaking of that digging in his heels, as chief security officer, you worked closely with mark zuckerberg, you know him. i'm curious your...
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Jul 31, 2020
07/20
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we're going to stop our facebook spend. not to be cynical, some of the companies that have come out against facebook it has been a pr strategy for them >> oh, a little dark way to look at that. an added 4,300 employees in the quarter. the biggest hiring spree that does not say to me a company that's afraid of the future >> absolutely not. in terms of the key growth initiatives in merging or converging with e commerce by way of facebook shops and the arvr development and infrastructure that supports that business. that growth remains very much on track. really no deceleration from when we started the year. they continue to brace for the future >> thank you facebook stock right now up 6% on the market. >>> coming up, watch out tesla shares of another ev maker are soaring. and their company's american debut are ahead. as we head to break, other top headlines. financial technology startup affirm, the ipo that could value the company at as much as $10 million. it let's users pay for goods in installments with small-term loans. >
we're going to stop our facebook spend. not to be cynical, some of the companies that have come out against facebook it has been a pr strategy for them >> oh, a little dark way to look at that. an added 4,300 employees in the quarter. the biggest hiring spree that does not say to me a company that's afraid of the future >> absolutely not. in terms of the key growth initiatives in merging or converging with e commerce by way of facebook shops and the arvr development and...
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Jul 21, 2020
07/20
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and then there is facebook. not just a place for staying in touch with people, but also somewhere where you can share the news that you think is important. and the opinions that you want others to hear about. even if they are unfair, untrue or offensive. which often they are. every social network is battling the issue with trying to moderate content, and for facebook as the biggest, well, there is an issue of even more influence, and even more responsibility to clean up its act. that is exactly what it says it is trying to do. they are setting up an independent oversight board to help it with some of the trickiest issues on the platform. in a few minutes i will be talking to one of the members of that oversight board, but first, here is james clayton with a reminder of how facebook got here. there was a time before russian bots and cambridge analytica and deep fakes when the internet was seen as a more innocent place. a liberator. despots and tyrants would no longer stifle criticism. freedom and free speech woul
and then there is facebook. not just a place for staying in touch with people, but also somewhere where you can share the news that you think is important. and the opinions that you want others to hear about. even if they are unfair, untrue or offensive. which often they are. every social network is battling the issue with trying to moderate content, and for facebook as the biggest, well, there is an issue of even more influence, and even more responsibility to clean up its act. that is exactly...
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Jul 30, 2020
07/20
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big ones that are boycotting facebook >> julia boorstin with the latest on facebook, thank you. results show us users did not go away and advertisers, the chunk of their advertisers, the small to medium sized businesses, didn't go away either. all the things we were pointing to, grasso, in terms of why facebook may emerge unscathed from all this attention, is coming to fruition >> yeah, i never thought the advertisers would leave. you have only a handful of choices. they have to stay. so they do what is right public-relations-wise. but this stock is back to where it was two weeks ago so when you look at the bounce that we've seen, once again, it was the type of thing where large cap tech sold off, but for me, ultimately, how can they make anyone happy? this country seems like it's as polarized as it's ever been. so whatever they do, they're going to make 50% of the people happy and 50% of the people mad. i think ultimately they fall short. but i think they've done an incredible job at threading the needle and obviously the stock is reflecting that >> tim >> look, jobless claims,
big ones that are boycotting facebook >> julia boorstin with the latest on facebook, thank you. results show us users did not go away and advertisers, the chunk of their advertisers, the small to medium sized businesses, didn't go away either. all the things we were pointing to, grasso, in terms of why facebook may emerge unscathed from all this attention, is coming to fruition >> yeah, i never thought the advertisers would leave. you have only a handful of choices. they have to...
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Jul 29, 2020
07/20
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>> it's not just google, too facebook is there. the two are really a doopoly i think they'll focus on that. and in particular from our perspective being a privacy company, the center of that is a data monopoly, data profiles about americans, people worldwide that has really been created from covert tracking across the internet. so i think there's going to be a lot of focus on how that monopoly was created via this covert tracking and what can be done about it, namely giving consumers a really easy way to opt out. >> so, in your words, gabriel, how does that actually limit the consumer because i think for most people who use google and facebook it's not immediately evident. how do lawmakers make that clear? >> yeah. i think people are starting to realize after all the media reporting, an lit ka there is a lot of covert tracking going on. what is unclear to people is how to easily opt out of that tracking that google and facebook are hiding behind all these apps and types across the internet we offer a tool for that, but we've also b
>> it's not just google, too facebook is there. the two are really a doopoly i think they'll focus on that. and in particular from our perspective being a privacy company, the center of that is a data monopoly, data profiles about americans, people worldwide that has really been created from covert tracking across the internet. so i think there's going to be a lot of focus on how that monopoly was created via this covert tracking and what can be done about it, namely giving consumers a...
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Jul 1, 2020
07/20
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they: and you mentioned complicated situation -- facebook did ban that group from facebook, but perhaps some of the damage was emily duncombe the very heart of -- damage was done, the very heart of the problem. we have president trump's reelection campaign and vice president biden's campaign still spending on facebook advertising. they are not going to this boycott, though they have both taken fire at facebook. what do you make of that? arisha: well, we are actually calling on corporation, major corporations to pause facebook spending. we know there are a lot of small businesses and nonprofits that use facebook for their causes. we are really looking for folks who are spending the most money to take a stand, breath visible brands at this moment to take a stand. in terms of the truck campaign's unwillingness -- trump campaign's unwillingness to cause any, we wouldn't expect them to do that. they're spending millions of dollars a week to spread misinformation and hateful content with the intention of suppressing black voters across the country and the intent of motivating a set of a voter
they: and you mentioned complicated situation -- facebook did ban that group from facebook, but perhaps some of the damage was emily duncombe the very heart of -- damage was done, the very heart of the problem. we have president trump's reelection campaign and vice president biden's campaign still spending on facebook advertising. they are not going to this boycott, though they have both taken fire at facebook. what do you make of that? arisha: well, we are actually calling on corporation,...
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Jul 25, 2020
07/20
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be sure to follow me on twitter, facebook and instagram. and i'll be back next week with more in-depth interviews right here on at large." thank you for joining us. ♪ ♪ ♪ jack: welcome to "barron's roundtable" where we get behind the headlines and prepare you for the week ahead. coming up, sir martin sowell on the shift to digital and what's in store for his growing media empire. but we begin with the three most important things investors should be thinking about right now. tech ran into a brick wall this week despite strong earnings reports from microsoft and tesla. what to expect from apple, amazon, facebook and alphabet next week. chevron makes a $5 billion deal to take over noble energy. what we're looking for in oil company earnings in the days ahead. and the u.s. paying pfizer and biontech $2 billion to deliver 100 million doses of a covid-19 vaccine, what it means for stocks. on the virtual round table, ben levisohn, carlton english and jack howe. so, ben, so much happened last week. we had a real live pitch go out in baseball.
be sure to follow me on twitter, facebook and instagram. and i'll be back next week with more in-depth interviews right here on at large." thank you for joining us. ♪ ♪ ♪ jack: welcome to "barron's roundtable" where we get behind the headlines and prepare you for the week ahead. coming up, sir martin sowell on the shift to digital and what's in store for his growing media empire. but we begin with the three most important things investors should be thinking about right now....
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Jul 7, 2020
07/20
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is that his position is facebook should not be the arbiter rig right? they should be a neutral platform and people use the platform on both sides how much does that then play in to the discussion if are you thinking with civil rights groups who are specifically saying that you need to draw a line on what things you can and cannot put on that platform. >> that is a great point and expect that to be a focal point of the conversation today. facebook doesn't want to meddle in the content that is on its platform too much. it is a business model problem for them but also they say it might curb free speech. and on the other side, you have representatives from some of the minority groups, color of change, naacp, anti-defamation league who are saying that we get that, but at the end of the day, your platform is causing major harm to people who are using it isn't consumers. and so expect that balance between free speech and democracy to be a focal point of what is discussed today. also expect facebook to talk about the pressure that these groups are putting on br
is that his position is facebook should not be the arbiter rig right? they should be a neutral platform and people use the platform on both sides how much does that then play in to the discussion if are you thinking with civil rights groups who are specifically saying that you need to draw a line on what things you can and cannot put on that platform. >> that is a great point and expect that to be a focal point of the conversation today. facebook doesn't want to meddle in the content that...