ivohink with facebook ited. and essentiallt the way to think about mark zuckerberg is an idealist, and he believed -- [smith] you've known him for w -- [mcnamee] since he was 22. [smith] 13 years? you meet him in 2006 for the first time? [mcnamee] yeah, so i knew him at 22, and he was such an idealist. ie [mcnamee] yeah, so and he bd that connecting everyone in the world was so important that it justified ety action necessary tohere. and there is the aw. it's this notion that you're going to get problems as you did in myanmar, [smith] boy, you're comparing facebook to myanmar now. [mcnamee] well bea with me for a sec. so facebook is the only internet in myanmar, it's the only media there. and when the authorities used it to essentially int do hate speech against the a religious minority and at facebook, everybody went hey, you know, we didn't cause it, yes, 9,000 people died, 42,000 people are missing and presumed dead but that's just a cost of our growth. [smith] your point is that febook in that case was every

and facebook's culture. what would the remedies be if the ftc determines that there was an antitrust issue here? ashkan: right. i mean, there are many remedies. i know a lot of people thin jumd to things like breaking up the company permits certainly the topic of a political debate in the upcoming election, the 2020 election. the thing to think about is simply breaking up the company would do little if the other people that would build the technology are still at the company and in fact could just reproduce the functionality themselves. right? other remedies, for example, the german competition authority has -- one of the concerns of opposition restrict facebook from sharing data collected between whatsapp and another of their products like instagram or facebook messenger app. they also restrict the tracking of information from the web. the facebook like buttons and others, from being shared with other apps. we talked about it in light of this facebook privacy settlement that was announced a week or two ago.

facebook. even now, we don't know exactly what is being spread. my sense is that can we qualitatively or quantitatively say what exactly happened? probably not, but we can say that we are in a different landscape in which you have organized actors working to spread disinformation. nationstates have a lot of resources. also see places like the politically increct 4chan and 8chan that are putting out disinformation for fun. and we have an infrastructure that facilitates that. so we are in a different landscape. even russia does it. it is a democratic tactic. ginny: a good question is what is the goal? if the goal is sowing chaos, we can agree that that was one of the goals. i think it was successful. if that was the metric by which you were measuring, whether they had other goals in mind and whether the election changed or not is a different topic, but i think the big goal of sowing chaos and confusion, changing the conversation, i think we can all agree they succeeded on that on kate: jessica, w

sarah, in response to the facebook, the security officer at facebook had a striking tweet. he said i cannot believe facebook did not pay for more -- more for this. if the consumer after -- offered house options, what does he mean by that? he means this is a valuable asset that facebook is no longer about to share. it is good for facebook to have this rule. of five or seven years ago, the one that resulted in cambridge analytic is no longer how facebook works. there are not developers -- that operateuizzes on facebook anymore. that used to be necessary to bring more users. facebook no longer runs that. it wants to keep its entire network mostly for itself. emily: you just came out with a fascinating piece that facebook contact is are listening to audio of its users talking over facebook messenger. today, the story about facebook only getting stronger. sally, why don't these bad news stories seem to hurt facebook more than they do? sally: the reason why the that news stories don't hurt a's is because the enforcers are not making changes in business practices. fine and the the

google microsoft facebook we chat all of them. with algorithms on that one more than just uses all customers will these businesses see what generations of donna they need us to like them for them to be indispensable because the more that we use them the more we produce in the midst of a great race and big tech companies are on the chase. for the past 3 years academics nichol dri analysts have been investigating a phenomenon they call datta colonialism. while the modes scales in context may have changed they say colonialism same underlying functions of empire building extraction and appropriation remain the new lang grab going on there's not land that's being grabbed it's us it's human life the acquisition the construction of data valuable data for corporate use out of the flow of our lives that's the lag right going on and that's why the workload is the only work that does justice to that let's think for instance of all the and use her license agreements or the terms of use that we read whenever we sign up for a new social media p

facebook, had a pretty striking tweet, saying i can't believe facebook didn't pay more for this, if the ftc ordered amazon to help consumers make money. bezos would leap across the table with a $10 billion check and a massive grin. what does he mean by that? sarah: he means basically that this is a valuable asset and facebook is no longer able to share so it's good to have this rule in place. facebook of five or seven years ago that resulted in cambridge analytica, that's no longer how it works today. they are no longer making personality quizzes and games that operate on facebook, that used to be necessary to bring in more users. but in this current world, facebook no longer wants that. facebook mostly wants to keep that network for itself. emily: you just came out with a fascinating piece yesterday about how facebook contractors are listening to audio of users talking over facebook messenger and today, the story about facebook only getting stronger. sally, i'm wondering why don't these bad news stories hurt facebook more than they do? sally: i think the reason why the bad news stories

of users talking over facebook messenger and today, the story about facebook only getting stronger. why don't these bad news stories hurt facebook more? sally: i think the reason why the bad news stories don't hurt facebook is because the enforcers are not making a change its business practices. and it was the fine just a fraction of its annual revenue and it is able to keep doing what it is doing, mining users data in a way they do not expect, that settlement was a win for facebook. enforcer makes them change their business processes -- practices, they will not be effective. emily: what is your view of how this investigation will play out , as well as a potential investigation into amazon? charlotte: it is hard to predict. we don't have access to the nonpublic document they are reviewing at the ftc, but we should not expect it will lead to huge changes. the track record is not strong antitrust is a narrow and difficult area of the law. our hope is that there will be a new agency with new regulatory powers in addition to antitrust, and that is how we will address the power that face

facebook steps up the fight against fake news in africa but what are its chances of winning. and he transform struggling b.w. in 12 global powerhouse ted non-theists aged 18 to. 40. i've been physical and let's do business a case of corporate greed over human lives a us court has ordered from a judge johnson and johnson to pay over half a $1000000000.00 for an opioid crisis that's ravaged the state of oklahoma the judge blamed aggressive and misleading marketing the company's share price rose investors were expecting a high of fine. gael boxes some austin is one of 6000 oklahomans believed to have died from an opioid overdose since the start of the millennium a promising american footballer he died in his prime. was living near the nightmare at prescription drug abuse. now the 1st of thousands of lawsuits aimed at holding manufacturers and distributors to account has made it through trial cleveland county district judge thought bald man said prosecutors had proven johnson and johnson helped create a public nuisance that would take decades to repair. just walkmen affirmed our

facebook was effectively the signal. it's the thing that told us we could no longer trust technology the way we had for fifty years before this. [smith] right, so let's stipulate that this book, while focused on facebook, also calls out google. this. [mcnamee] yes, very much s whi [smith] it callsebook, als out other actors.. this. regular presences in all of our lives, [smith] we don't thinknted. about the potential dangers of our association to those things, but y e book is really largelout facebook. [mcnamee] it is. [smith] and the bill of particulars, the bill of chaes against facebook that you levy is pretty long. they surveil our evy action online. they monetize our privacy, they foster hate speech, they damage the public health, they undercut our democracy and all of it wrapped under this idea which i e ve, of productizing nsumer which is us. amee] yes. [smith] they've turned us into a product. [mcnamee] into basically a digital avatar. a data avatar, andso in tht us into a product. they say in advertising, hey, y

they could come out there and say yes, we stand behind facebook, but facebook gets all the recognition for being innovative and creating this. there is a little bit of tension going on behind the scenes. >> it is interesting from three angles. i think the first angle, from facebook's point of view, it shows the extent -- moving into payments is something they have talked about for a long time. this is a very ambitious move and signals where they want to go. the second thing is that it shows that alternative currencies have come to stay. this is no longer something for the future. facebook has planted a flag and is being the leading market. but they are not going in alone. not only do they have to deal with the concerns of governments, but they have to deal with those governments' own central banks. they are coming together to figure out if they should be trading their own alternative currency. then they are going up against technology companies coming up with their own version. we have invested in one called token x. that has been very successful. it is going to be a very crowded world

account your data still retains by facebook and at any time facebook might. decide to reactivate your account to build a historical data that. leaks audio has revealed that a us oil and gas lobby group helped secure legislation that criminalize protests against pipelines that was in response to demonstrations against the construction of a pipeline in north dakota during which activists chained themselves to equipment protesters also started fires when the authorities tried to remove them from the site with more on the story. you want to have big influence in washington d.c. and we need to have a big lobby and that means you need to have big money the american fuel and petrochemical manufacturers the f.p.m. represents all the big names in the energy markets koch industries chevron exxon mobil valero energy to name a few now the pm has been around since 1902 making sure that the voice of the ultra wealthy oil monopolists are not left out of the political process and it seems like their latest target has been protesters now the past has crash. did legislation in

facebook set to get more face time with regulators. officials are reportedly probing its cryptocurrency libra. high fliers gather up the 1st national aviation conference in light city to discuss what the industry can do to help fight global warming. and inflation by any other name would still smell like reduced purchasing power but don't tell me ron. this is the business i'm on in berlin welcome facebook's new crypto currency libra is under scrutiny from antitrust regulators according to the financial times the newspaper says the european commission has sought specific information from those of working on the digital currency by a questionnaires on tuesday bloomberg reported about the commission had specific concerns over quote potential anti-competitive behavior related to the association so far facebook and the commission have both declined to comment. our financial correspondent joins us now from new york and so what sort of answers is facebook actually supposed to provide here. well i mean one of the main questions really is in thi

account your data still retains by facebook and at any time facebook might. decide to reactivate your account with old a story called data that. i'll be back in just over half an hour's time with another round of news headlines from around the wealth meanwhile you can head to r.t. dot com for more. free and christina cook now helping move hate and morgan through the. market think i'm ready to work a trick question and you're headed to the starboard see the card and will do in fact underneath. today to install the international docking adapter 3 to pressure. and you are. here for around for. a paradise with some all year round turned into a round the experimentation field the agricultural chemicals we know that these chemicals have consequences they are major irritants there's no question otherwise why would that the chemical company workers themselves be geared up and suited up locals attempt to combat the on regulated experiments but often in day you have many of these people one foot into the biotech pharma and the other foot in the government regulatory bo

>> on facebook as well? >> i think that the combination of what he wanted to mention before microsoft and all of this is not a collective or single problem for these platforms. it is going to be an effort by all of us. in terms to better understanding and helping people to think about this information and more critically in the information that they might see on the internet, it can be the role of perception hacking. so bad actors are trying to get somebody insane peers interference when there is not. some people think it is happening even though it is not. >> so in 2018 we saw something that happened in expert to new better and knew how to talk to and think about it yet platforms that are working together to see the truth to present from the american public at large. and what happened on the platform versus what the actors are saying and what they're doing. i think it'll be really tricky and we have to be very careful. we are going to want to make sure that were very careful of what is happening and not jus

you can't use facebook message or without facebook, right? or can you? >> i believe that you can. >> so they are to make separate and distinct. you know what percentage of people use messenger that don't use facebook? >> i do not have that data. be happy to follow up. >> reason i bring it up is when we talk the competition versus compline, complement in, how we use this, like i just ask you all those things because i've would know where to get it anything other than apple app store. i'm sure of the things exist but i don't know about them. i think there's a lot of us that are in that situation. and with that i just think as we are closing this i hope as we move forward these hearings become more focused, more single topic specific focus and i would just encourage everybody in the compass or testifying to be forthright with answers. the questions that are coming, i can joke but half the question that equated as did it of which i'm assuming you all with your vast resources and the company resources could do is look at it makes it a lot easier as we go forw

facebook. [laughter] kate: she blocked him. katie: no, i got him on instagram, too. but that's a typical new user. where somebody is trying to -- who is trying to create a fake account to spread misinformation or spread information quickly. will friend a lot of people right away who do not have much connections to one of -- to one another, they will like a lot of pages, and the activity that they are doing does not look like a typical new user. so machine learning is a place where we can use that to try to flag some of the things that might say to us, this may not be who they are. and then, those will go through human review, where we might have enough signals to say, we can shut that down right away, and in fact, we block most fake accounts at the moment of creation. bots, we block that. but for those that might be a little bit harder, then a human will review, put them in an id checkpoint, prove that your name is who you say it is. has comerea where this together as well as around our politic

your data still retains by facebook and at any time facebook might. decide to reactivate your account with all the historical data that so there's no way out social media expert here cohen thank you so much for joining us on the program today. the italian prime minister just happy conti has resigned after a year of tensions within italy's ruling coalition he had been threatened with a vote of no confidence by the country's interior minister and both lashed out at each other in parliament. freedom is not about having a master but about not having a must or i don't want italy to be enslaved by any one go to administer the minister of the interior did by promoting this government crisis you have taken on a great responsibility before the country you announced this crisis asking for full powers to govern the country you approach worries me. now condé has been asked to stay on as a part of a caretaker cabinet and there are also talks of a new governing coalition being formed but if that doesn't happen the president could dissolve parliament and force base

we cannot find it anymore and contacted facebook and facebook restored the video. we are currently -- google over the videos the same videos from youtube it youtube is currently blocking the video because it violates youtube's hate speech policy. in many cases we try to resolve the strictly with the company. prager eu has taken a different course and decided to sue. >> host: have you been blocked or censored? >> guest: nothing i have seen, no. i would like to point out that just this week we have an example of someone on the far left saint they have been blocked in censored. representative who is also not running for president is claiming that sued google claiming censorship as well. there's a lot of examples from both the left and right about this perception for broad-based censorship or suppression and it's important we point out those examples on the left but i do think conservatives tend to be a little louder on this issue because there's been that long standing perception that in the conventional media that conservative voices have not been heard. they're vigi

facebook knows inordinate amount of information about you. when you look at the feature you will see a list of things and you can turn them off and say i don't want to be associated with this tall content. whatever the reason is, you can turn them off and also block them from tracking you in the future which is kind of nice . >> okay, i was going to say this is not just deleting data from the past come you can also say you don't want these companies to do this in the future. can you put out a blanket statement that says i don't want to be tracked at all by any website? >> wouldn't that be nice? unfortunately, you cannot. they may come out with something in the future that allows you to do that but for now you have to pick and choose and interestingly they were a few research studies earlier this year that asked people how do you think of a privacy setting on statement and most of those people had no idea how to either navigate to the privacy settings, how to use them or what they were for. so facebook is essentially rolling this out and it is

but all of this so facebook said eliminate to 7 pages 3 facebook groups and 5 accounts involved in the campaign and the 2 to also said that it deleted 936 accounts and in the press release it also said it would bend state backed media from from oh think traits after they placed ads suggesting the protests were sponsored by western interests and were becoming violent. so even though many of these polls that we're seeing they were not necessarily fake news but instead they are really focusing on the father nature of their protests and they never talk about the routine miles of protests and so this social media platforms they have to make clear that they don't want to be part of any government's propaganda campaign we're talking about facebook and twitter and as far as far as my understanding goes these are banned in china you can't really legally access them in china right facebook and twitter they are officially blocked inside china and so people there instead they would use their own social media surfaces like we chat oh wait all. the content on these social media platforms they're act

we couldn't find it anymore, we contacted facebook, and facebook restored the video. we're currently in a dispute with google over the same videos removal from youtube. youtube is currently blocking that video because they say it violates youtube's hate speech policy. in many cases, we try to resolve these with the company. prager take a different course and decided to sue. peter: have you been blocked or censored? patrick: in my case, no. nothing that i've seen. just this week, we have an example of somebody on the far left saying that they have been blocked or censored. you have tulsi gabbard who is claiming, suing google, claiming censorship, as well. so, there are a lot of examples from both the left and the right about this perception of broad-based censorship or suppression and it's important that we point out those examples on the left, but i do think conservatives tend to be a little louder on this issue because there's been that long-standing issue that in the conventional media that conservative voices have not been heard, so they're vigilant about these rin

users conversations facebook says this was done to improve its artificial intelligence and this was basically something that automatically changer audio into text inside of facebook messenger this is the feature that we're talking about right here you can see how this works if you turned on voice transcription and sent a friend an audio message your message would automatically be turned into text just like here in this case it's a grocery list of course we know little of artificial intelligence is not always very accurate and that's why it turns out a human being a real person may have been listening to those audio clips in order to check the accuracy of that system so real people were listening in to your facebook conversations how is that legit well it's a little bit creepy i mean here's the thing facebook had told its users that a person might be listening to those audio chance in fact even the contractors that were hired to do this felt a little bit iffy about it apparently some of those audio clips were not grocery lists they were personal quite personal conversations we reache

that facebook, he cannot trust facebook, he was the cofounder, he no longer can trust that facebook can make the change needed because of the lack of competition to get it right. his name is on the patent of the newsfeed and he says he does not trust it. that gets me to the place of trust. how would you and it is an amorphous thing. how do you get users to trust that facebook is using information, moderating information to trust your platform? it takes little time, it would take a long time to build back up trust for anyone. all i can try to do is we work and try to monitor every single election that is happening across the globe. we have had the last six months have had eu, india, israel, indonesia, a large amount of the world voted in the last half. there were things he did right and wrong and will keep improving on that. all we can do now is try to deliver and keep getting better. on the promises euro per year over year. the 2020 election will be a big test for us. -- i don't believe there is a finish line and we will have to keep this as part of our fiber of the company in terms of

how facebook works today. there are developers making personality -- sorry personality , quizzes and games that operate on facebook, that used to be necessary to bring in more users. but in this current world, facebook no longer wants that. and in fact it wants to keep its entire network for itself mostly for itself. emily: you just came out with a fascinating piece yesterday about how facebook contractors are listening to audio of its users talking over facebook messenger, and today, the story about facebook only getting stronger. sally, i'm wondering why don't these bad news stories seem to hurt facebook more than they do? sally: i think the reason why the bad news stories don't hurt facebook is because the enforcers are not making a -- making facebook change its business practices. when they got the fine, and it was just a fraction of its was able toue, it keep doing what it's doing, mining users' data in a way they don't expect, that settlement was a win for facebook. you know, until an enforcer actually m

account your data still retains by facebook and at any time facebook might. decide to reactivate your account with all the story call data that. program from a documentary shall come your way in just a few of its time as is resigned a lot could with the night's top global headlines. seem wrong why don't we all just don't call. me. yet to shape our disdain comes to educate and in detroit because betrayal. when so many find themselves worlds apart we choose to look for common ground. when lawmakers manufacture consent into instant of public wealth. when the ruling classes protect themselves. when the financial merry go round lifts only the one percent. we can all middle of the room 6. 1000000 real need. a paradise with some all year round turned into a round the experimentation field for agricultural chemicals we know that these chemicals have consequences they are major irritants there's no question otherwise why would that the chemical company workers themselves be geared up that suited up locals attempt to combat the on regulated experiments that often in da

but the facebook of today, the facebook of the future, is not the same company. so when regulators think about how to fix the current problem of this company with tremendous power over our society and how we think and what kind of information we get and who we connect with that facebook is , not the one sharing data with third parties. it is not the one relying on people to make personality quizzes. in fact, it is just trying to become a self-sufficient network of its own making and combine its messaging app so they have this network to work with. it is a very different company. it'll be interesting to see if regulators start to think about the future of what they are looking at. jason: up next, the next stage in legal cannabis cultivating returns. this is "bloomberg businessweek." ♪ ♪ jason: welcome back to "bloomberg businessweek." i am jason kelly. join us every day on the radio from 2:00 p.m. to 5:00 wall p.m. street time. and catch up on our daily show, listen and subscribe to our podcast. and find us online at businessweek.com. turning to a story you ca

. -- ftc and facebook. why the tech clash is only making the social network stronger. this is "bloomberg businessweek." ♪ ♪ from the 5am wakers, to the 6am sleepers. everyone uses their phone differently and in different places. that's why xfinity mobile created a wireless network that auto connects you to millions of secure wifi hot spots. and the best lte everywhere else. xfinity mobile is a different kind of wireless network designed to save you money. save up to $400 a year on your wireless bill. plus get $250 back when you buy an eligible phone. click, call or visit a store today. jason: welcome back to "bloomberg businessweek." still ahead, last month's $5 billion settlement with the ftc may make facebook even stronger, plus, premium, personalized weed. but first up, technology. american chipmakers found themselves in the crosshairs of the trade war and one is thriving. >> that one is amd. it has been a rivalry between amd and intel. amd is in white, up 600% in the last five years. the gains in in

our financial correspondent joins us now from new york and so what sort of answers is facebook actually supposed to provide here. well i mean one of the main questions really is in this case at least the possibility of competitive behavior and if you look at facebook they have more users than the combined population of china and the u.s. so there is this claim there and then also facebook will probably face questions if there are any plans to somehow connect libra to some of facebook's services like for example or also the messenger services but this is really only one of many regulatory issues that facebook is facing with libra and with its other services in general as well now staying on tech giants french president emanuel not crawl urge the u.s. to get big tech to pay more taxes now is washington washington under any real pressure to do so well i mean if you look at the united states there is old soul that trend and there are some movements here especially when it comes to and to trust the behavior the market power that some of the big companies companies have but i do not see any p

how facebook works today. in his current world, facebook third-partynts the apps or quizzes. it wants to keep what it has built mostly for itself. emily: you just came out with a fascinating piece yesterday about how facebook contractors are listening to audio of users talking over facebook messenger, and yet, today, the story about facebook only getting stronger. i'm wondering, why don't these bad news stories seem to hurt facebook more than they do? >> i think the reason why the bad news stories don't hurt facebook is because the enforcers are not making facebook changes business practices. when they got the fine and it was just a fraction of annual revenue and it was able to keep doing what it has been doing -- mining user data in a way they do not expect, and that is how it makes billions of dollars -- that is why that settlement was a win for facebook. until an enforcer makes them actually change their business practices in a way that affects profitability, their stocks will not be affected. emily: what i

but will facebook really learn its lesson? we talk about it with a dissenting ftc commissioner who says the fine is not enough. and if you like bloomberg news, check us out on the radio. listen on the bloomberg app, bloomberg.com, and in the u.s. on sirius xm. this is bloomberg. ♪ emily: last week, the u.s. federal trade commission formally announced the details of it $5 billion settlement with facebook for years of privacy violations by the network. as part of the settlement, facebook must submit to oversight from an independent committee as well as new privacy certifications and assessments. but while the fine was the largest ever imposed by the ftc, many lawmakers and privacy groups are arguing the company got off too easy. i talked to u.s. ftc commissioner rebecca kelly slaughter, voted against the settlement. rebecca: i voted against the settlement because when you look at the terms taken as a whole, not just the fine, but also the injunctive relief, i was not convinced it would do enough to change facebook's behavior a

well, this is kind of facebook's markup session and you describe people in the facebook, and led my monica pickart who was a law school student of mine and i hope i taught -- facebook people from around the world are very earnestly trying to decide what should be taken down and what should be left up. so maybe you want to describe that a little more immediately but that has to be part of this. right? as long as the companies are there. who else needs to be in the rooms or should we displace that conversation from those rooms entirely? >> so, there is this facebook what monica call this minilegislative forum, minilegislature and i our perception, the public perception generally, around the companies is they're making seat of the pants kinds of decisions. it's an ad hockery, but the throughout of the matter is they are incredit by bureaucracyized institutions. they rules that are -- >> they're all lawyers. >> a lot of lawyers. their content policy team, particularly at facebook which probably agrees the most bureaucracyized of. the of all but they are basically making the rules? they're eval

account your data still retains by facebook and at any time facebook might. decide to reactivate your account with all the historical data that. a prominent defender of media freedoms has found herself accused of restricting them that's after the bodyguard of c.n.n. april ryan forcibly prevented another journalist from filming her speech. it is a sad day. when a u.s. president does not stand back the constitution the 1st amendment freedom of press there's been efforts to silence me in the briefing room they have been efforts to discredit me you now have security. and you say the white house should pay for it i'm here because they started they started up. a proof security guards so to be in a hotel looking after stealing our camera. whatever it was. when i thought i was i like it here put that down like. this right his remarks were then interrupted by a visit from the mystery man why lisa is named joey morris and works as a security guard for mr ryan mr morris proceeded to unplug my camera grab the trunk lid was connected to and still be in time to say. i. fee

host: what is facebook trying to do and why? guest: the simple answer is that they are trying to create a digital currency that people can use across borders and a digital currency means not necessarily a theirment currency, but own private currency that people can use and ship to one another in different parts of the world. the reason why they are doing this is a little bit complex --ause no one knows exactly they have explicitly said that they want to, and i am reading this because i think it is useful for the listeners to hear, to enable a simple, global currency and financial infrastructure that empowers billions of people. there are some financial motives as well. host: as far as the current system, what would facebook's plan do that others do not? is planning to create this look currency and by doing so, have established a consortium of different kinds of larger, global technology companies and a couple of nonprofits. the global currency is called the libra currency and the consortium is called the libra association. throu

facebook said. >>you cannot use the social media platform to sell but that is not stopping gun sellers and buyers from connecting on the site anyway, here's how it works a gun sellers post a picture of a gun box oregon case at a price. it is far higher than his should cost the seller invites a private message from interested buyers to find out of the case for the box includes a weapon or ammunition or other items that are prohibited for sale by facebook washington correspondent martha wright reports on efforts by facebook to close that loophole. >>you can find almost anything on facebook marketplace where private sellers list all sorts of items from cars to cripps but facebook says you cannot sell a gun in the marketplace and users have found a loophole a gun case of over a $1000. and when it clicked on the description. it indicated private message me for details. well that was a sign that there was somathing more on that gun case steve del bianco resident of net choice as facebook allows licensed g

we reached out to facebook today. the company stressed, look, this audio was anonymous, so you did not know who was talking. it was only used to improve its technology, improve its products, it was not used to give you advertisements. a company spokesperson also told us they stopped the practice. they told us much like apple and google, we paused human review of audio more than one week ago. laila: so, they are basically saying we were not the only ones doing this. carl: that is what they are saying, and they are right. this is now the fifth big tech company that essentially got caught doing this exact same thing. so, amazon, google, apple, microsoft, now facebook. all the tech giants have done this. in amazon's case employees were listening to voice recordings from alexa smart speakers. and in all those cases, the companies had not told their customers what was going on. they now all say they have stopped doing it. laila: ok. what can we do about that, as users, concerned users? carl: this particular situation is not

third, facebook as a potential game changer for the market. the first point is the patchwork of cryptocurrency regulations around the world. cryptocurrency is international in nature, but it is regulated by governments at the national level. there are more than 190 countries in the world and they are taking different approaches to the regulatory issues presented. for example, cryptocurrency regulations have focused on permitted uses, consumer protections, security regulations, licensing requirements, money-laundering, and tax treatment. broadly speaking, government approaches fall across the spectrum. at one end, some countries are striving to become cryptocurrency hubs. they view cryptocurrency as a source of growth and they attract cryptocurrency with favorable regulations and tax regimes. at the other end of the spectrum, some countries have banned were strongly restricted cryptocurrency. the concerns focus on government control of the financial sector, financial stability, and consumer protection. in the middle of the spectrum, some govern

sarah: think about facebook and what makes facebook work. this $70 billion revenue in advertising business this year, it's all about data. the data facebook has compiled, not just from its users, but from third parties, from tracking people around the internet, understanding what they click on and watch and care about, that is the value at the center of their advertising business. and so when the ftc comes and tells them you can't share that data with anybody else, great! facebook loves that, in a way. they are big enough now that they do not really need to rely on other companies building other kind of products. there used to be a reason for facebook to share its data with all of the developers for games for facebook and quizzes and all the things you remember from the facebook of five or six years ago. but now, the company is big enough that it does not need to rely on that network. so the ftc is punishing a version of facebook that no longer exists. jason: it is such a provocative idea. i loved reading this story because it turned it on i

is a hairdresser who signed up as of into facebook's express why. he gets a commission on every dot a bundle he sells his customers say they look through his 1st book because even myself i use it and they find their bundle keep the cheaper. drugs you get the 1st round of the 1100 in business for free yeah. and you finally see people come out yes they do they find it cheaper they find it and then it opens.

shouldn't facebook likewise be in trouble? facebook, what's that. and messenger are all owned by facebook they have more influence and power than any government agency out there. these are conversations, not minor voice command. they can go on for 5 to 10 to 15 minutes. they don't care as long as they can drive profits and revenue and continue to be the top 60s platforms in the world they will do that unless the government breaks them out. trish: they might as well be china. the chinese trying to manipulate their population. there is no freedom there. you have got internet, social media companies spying on us. that's a slippery slope. where does that go. is there enough pressure coming from the trump administration? will we see the right regulations in place in possibly a breakup of facebook and google. these are companies that have become monopolies. >> when too much power gets concentrated in too few hands, the government has to do something. is there a legislative relief. the ones that have come closest so far is the european union and the genera

business facebook says it's not the only company that has done this it is not i mean facebook is now the 5th big tech company that has been forced to really come clean on this so we have amazon we have google with apple we have microsoft along with facebook in amazon's case employers were listening to voice recordings through the alexa smart speaker system in all of these cases cases the companies had not told people that a human being was listening to their conversations all those companies now now that it's been revealed have said they've stopped doing it those who are concerned what can they do the sure fire way to make sure no company is listening to your audio is of course to turn off your smartphones microphone and that can be done in the settings will just show you quickly how that can be accomplished both an apple and an android you essentially want to go your phone's settings flip off the microphone access in any app that asks for it so facebook or messenger but in the end there i mean companies just need to get it look people don't want their conversations their audio being