facebook, google, and twitter go to washington. executives of all three firms discuss how their platforms were manipulated. facebook, google, and twitter told congress they were not sure forgetting the full extent of this. they don't yet have the technology to prevent this from happening again. with the cofounder of course to get his reaction. think it would separate into two things. it would have responsibility once they understood the problem and issue to discover the scope of it, then a trust it. sayink it would be great to they bear responsibility for missing it. this stuff has come to light after the election. it wasn't anything i think anyone new happened in previous elections. everyone has been seemingly surprised by it. the not a matter of doing work of how deep and brought it was, then attacking it as quickly as possible. >> what changes in twitter are necessary? >> they've made abroad and aggressive statement -- statement of where they need more transparency political asset purchases. steps. at those great i said when i w

what if you lie on facebook? what should facebook do about that? jon: there are lies, and then there are lies. right? there are all kinds of gradations. they are the first ones to brag about how they have the greatest assemblage of geniuses in world history. ok, geniuses, figure it out. i'm sure they can. it is not easy. google has their best minds on it as well. this can be done. they just have to want to. disclosure, transparency are important. what's their process for vetting? and how on earth did they not even bother to check to see who was buying those ads that turned out to be from the russians when they were paying in rubles? that is your first tip. it starts with the will to do something. self policing is always about that. mature corporations understand that. part of the maturation process, hopefully, these social media companies will come to grips with it as well. emily: sarah, you were in washington all week. remind us where we are when it comes to the changes these companies are making to their policies and what could be next. sarah: jo

facebook said no. twitter said they have an answer but did not provide the answer. >> that is questionable and remains to be seen. it seems like twitter did find something. they were not ready to prepare it in front of the public hearing. this was the main purpose, to find out if there was collusion . we did not find out that much if there was any sophisticated collusion. >> i think it would be interesting and it is an angle the government should investigate. it is different from someone buying ads or friends sharing something that might be true or false. twitter executes more slowly than facebook. great to have you. it is not over. i am sure we will be debating this many months into the future. >> coming up, more reaction today. .ig earnings including tesla elon musk saying the model three is a 10 year program, even though most cars stay on the market six to seven years before getting a overhaul. one programming note, tune in for an interview with lloyd blankfein. this is bloomberg. ♪ emily: new yor

starting with facebook. mr. stretch: senator, we believe authenticity is really a cornerstone of what we do and preventing the platform from being abused -- used for abuse is our responsibility and we're committed to meeting that responsibility. mr. edgett: absolutely the same at twitter. we believe that we shouldn't have automated malicious actors on the platform. it's a bad experience for the user if you ask about the business case. we want to be known as a platform for promoting debate and discussion and having interferences of automated accounts is not something we want on twitter. mr. salgado: yeah, the philosophy for google, if it warrants an ethical and moral imperative, which it is, it's certainly a business imperative. senator flake: thank you, mr. chairman. >> thank you, chairman graham and ranking member whitehouse and i'd like to thank our three witnesses for joining us today. i think what you presented today is truly troubling evidence of the scope and reach of russia's interference in our l.a.x. el

population uses facebook. a foreign power using that platform to influence how americans see and think about one another is as much a public policy issue as it is a national security concern. crafting an elegant policy solution that is effective but not overly burdensome demands good faith and partnership between companies and this committee. just recently on the basis of a more complete and sophisticated analysis, the original estimate that 10 million americans were exposed to russian origin content on facebook was increased to 126 million. that tells me that your companies are just beginning to come to grips with the scale and the depth of the problem. >> host: what's the learning curve for the senate on this issue? >> guest: it's very high. we heard this again and again and again. we had a lawmaker ask one of the witnesses what's the difference between a bot and a troll, right? an automated account and a person who sows chaosen the internet. again and again they asked about the word impression, and it gets

but on facebook that it is in most cases protective however with facebook our job is not to decide if content is true or false that we do recognize false news is a challenge that we will disrupt those financial incentives which is where most of it comes from most of the fake news problem comes from a phony websites trying to drive traffic on every side on every issue and then they could limit distribution also trying to make sure that users to know when the story has been disputed by a neutral third party. >> i'm smiling because of my last break we were wondering who those neutral fact checkers are in there really do appreciate your desire to want to have a neutral fact checker but do you know, who they are? and would be grateful especially with those fact checkers. and the authenticity is important to the accuracy of the content is less so. >> those that intent to have false information. >> i get it you don't want to be arbiter of public opinion. but if my citizens benefit from me set telling them something that is false. i don't get a by amount of time. >> just one more round. >> an

facebook, twitter, and google go to washington. executives of all three firms discuss how their platforms were manipulated. facebook, google, and twitter told congress they were not sure they have measured the full extent of russia's manipulation of them. they don't yet have the technology to prevent this from happening again. i caught up with former twitter ceo and the cofounder of chorus to get his reaction. >> i think it would separate into two things. it would have responsibility once they understood the problem and issue to discover the scope of it and then go address it. i think they are doing that. i think it would be great to say they bear responsibility for missing it. this is stuff that has come to light after the election. it wasn't anything i think anyone new had happened in previous elections so we did not know about it this time. everyone has been seemingly surprised by it. it is now a matter of doing the detective work to determine how deep and brought it was, then attacking it as quickly as possible. emily: what cha

to the election and if facebook has not, will facebook focus on producing those ads? mr. stretch: yes, senator. we have produced everything that we've identified that is the product of what we call coordinated inauthentic activity from facebook and we are continuing to investigate and we commit to keep the committee up-to-date on any further progress in our investigation. senator grassley: so that would include all ads placed from russian sources? mr. stretch: all ads from russian sources that -- senator grassley: as well as others? mr. stretch: that are inauthentic and directed at these political issues. there are many advertisements cross-border for legitimate purposes that we have not produced. senator grassley: overall facebook identified more than 3,000 ad purchases worth $100,000 during the 2016 election that had links to russia, russian agents posted messages that reached 126 million users. the ads, accounts and posts that facebook found attempted to amplify divisive political issues across the political spectrum. twitter identified around 200 accounts linked t

when he came aboard facebook, he had a lot of facebook stock. is 80% assets of facebook. in siliconstion valley, what is he doing with $8 billion of cash or liquid assets? i certainly want to know the answer to that question. thank you both so much for joining us. coming up, the man behind beloved animated movies is the latest to face allegations of harassment. what it means for disney pixar next. this is bloomberg. ♪ now to the latest allegations of a hollywood power player accused of misconduct. john lasseter, the chief creative officer of disney's pixar animation studios says he's taking a six-month leave of absence amid allegations he made unwanted advancements and contact with numerous women over the years. the allegations were first reported by a hollywood reporter. he acknowledged missteps and painful conversations. this comes as pixar releases its latest movie, "coco." already the highest grossing movie in the history of mexico. lassiterat did actually do here? these reports of unwanted hogs? many of them? a hugger.was known as the report yesterday and the holly

stations of the newspapers they are the public square now facebook and twitter and everyone else they they always try to resist regulation partially because they argue that any regulation gets in the way of innovation when you hear a company general counsel or a c.e.o. say we take this or that very seriously like they did in the hearings today it means are trying very hard to to avoid having something imposed upon them and so i don't i think the political will is there's definitely strengthening will be interesting is if congress can pass this bill and whether or not the president will sign it because of the president signs it it goes to this it gives support to the narrative that he doesn't like that that he was the benefactor of this illegal. this illegal in this information campaign carried out by russia all right eric has it all it takes analyst joining us tonight from new york talking about these hearings in the u.s. senate the tech titans of silicon valley being grilled by u.s. senators as always thank you for your insights we appreciate you being on the day. where will a man na

american lawmakers turn up the heat on those social media giants they release a slew of facebook ads paid for with russian rubles and designed to whip up tensions prior to the u.s. election. no end in sight global stocks continue their rally the bull market looks on stoppable but all good things come to an end at some stage the question is when. and it can sit roll over and even recognize its ota customers warmed to sony's robo dog it won't be on your comp it but you may find the price a little hairy. i'm invisible and let's do business facebook says it's serious about preventing abuse but that extra security costs will affect its bottom line the u.s. house intelligence committee is investigating russian interference in the twenty sixteen presidential poll it's released a trove of facebook ads linked to a russian internet agency representatives from facebook twitter and alphabet have been testifying at back to back hearings in both the congress and senate with facebook being the first to announce it had evidence of russian meddling on social media lawmakers have slammed the companies

we learned a few new numbers of facebook, 146 million users of facebook and instagram, which facebook opens, saw content that came out of the russian, linked adds. we heard some new things from twitter and google as well, and lawmaker have had some tough questions for the general counsels of the companies which had to sit through a pretty rough two dives grilling from lawmakers. >> you said we didn't learn a lot about specific things at the beginning there. we basically don't know yet what happened do we? >> we have an idea what happened. we know of a number of ads that were purchase. it's possible there were more. we know of fake accounts that purchased adds on twitter and we know about some action on google. what we don't yet know is whether there was any collusion with the trump campaign in coordination with buying the ad on social media, and we don't really know if it swayed the election one way or another. >> david mccabe, what did you learn. >> beyond the number wes got from thes and i the clearer picture or enter phoenix issue picked up some on wider ranging concerns of lawmake

data all of my facebook data. so i kind of communicated with some of my friends and it turns out that actually there are three warrants out for myself another individual our personal private facebook data and also the facebook page just twenty and that's the the one of the groups that protested donald trump's inoculation the first day he took office so you so you were that and you were organizing twenty what did you do where did you go. well so i had been organizing and helping to communicate and basically tell the story of the activists who cared deeply about protesting donald trump on that day and so you know my name was all over the media work the press release our web site had my name and phone number on it and so you know i guess when the federal government decided to just. throw the book at protesters when they decided they would you know implement these strict measures to try to try to stifle dissent they didn't have to look very hard to find my name and also the name of a few other people involved. stephan

took facebook. at this time. for me ok you're in the stream authorities building the case against inauguration day protesters in the u.s. want access to their social media accounts but civil rights advocates warn that could put americans privacy at risk today part two of our discussion on the threat to free speech in the united states. the child of six people accused of felony rioting joining us price and donald trump's inauguration is underway in washington d.c. the case could determine whether the government continues prosecuting around two hundred people arrested over the protests organized by disrupt jay twenty as an adult capitalist an anti fascist group as authorities build their case they're asking for help from facebook and other internet companies earlier this year the d.c. police department subpoenaed facebook demanding that the company hand over the social records of those arrested but privacy advocates say this is just a fishing expedition for political dissidents here to talk about this in our studio

similar to how they share stories of facebook. people would like to be entertaining, if you are a serious news platform you may have to make some editorial judgment. facebook userst are getting. emily: thank you for sticking with me. david, i will give you my last word. david: i think they have to behave as a media company which they should resist. the one thing i really agree about is they should double down on making sure people are they -- people are who they say they are. that has been a fundamental design feature of the service but interestingly when they were at the committee hearing they lifted -- list of the effort they are making that is not on the list. that is problematic because they do not like to acknowledge have -- how many fake identities actually do exist on facebook which is many tens of millions. emily: all right, david kirkpatrick, debbie williams, thank you both. keith, you are with me for the hour. coming up, tesla earnings are on the production of the model three. we will break down those numbers next. this

facebook is doubling security staff. is this something you believe these companies can do on their own or his government intervention necessary? >> i think there can be more on their own. other issues, they do sort of change. they became more aggressive. child pornography is a good example. they use technology to prevent the upload of pornographic imagery which is illegal and not permitted on their platform. they can do a similar thing. of uploado prevention for the worst content using the same technology they use on child pornography. in terms of ad buying, they're going to need to start -- a lot of these companies pride themselves on people being anonymous are being able to have anonymity, on twitter, for example. you have people purchasing a product, in this case, and add you need to have transparency , about who that is. if you don't see them being proactive they're are going to probably end up having to face legislation and regulation. it seems like on the hill today the senators were suggesting they were taking the

facebook, apple, amazon. microsoft has come into that gain this year really been a big driver of gains here on the nasdaq but it has really been the chip stocks that are driving things, not just because of those all-time highs we're seeing with in nvidia but just the breadth of movement in the sector. the chip sector, which still has not taken up that all-time high from the year 2000 is now within about 6% of that move, guys. so we're really seeing some historic gains now back to you. >> very impressive bertha coombs. thank you. you know what's been more impressive this year, the surge in bitcoin which got an extra shot in the arm and trading at new record highs above $6500 the latest catalyst cme announcing it would begin trading futures of bitcoin reversal, something they originally declared. by the end of the year terry duffy cme guy says there is demand, adds legitimacy, that bit counsel could go maple stream and could make it possible to prove etf. they did it with the twins last time around. this adds m

you wonder whether people will turn away from facebook because of crimes being committed on facebook live and fake ads in news in newsfeeds. >> that is telling. he is determined to do the right thing. it is shockingly disturbing to him to think his company is being perceived the way it was perceived today in the senate and the house. he has to do something about that, and it will cost money, but the money continues to roll in. that is the reality. >> in terms of the advertising revenue, that equates to a 49% year over year increase in revenue in the advertising space. joe, you were talking about this shift towards digital in the big tech names. they may be reaching full penetration in terms of users, but in terms of the quality of engagement, it is clearly improving. topline revenue growth story for facebook, they said they would pare back the number of ads they put into your feeds. they have instagram, messenger, and whatsapp, and they are in the early innings of monetizing those. each of those is one billion each. so there are a lot of 1 revenue lovers. joe: the company says they h

on the breaking news on facebook, facebook is now going to employ a tool which will allow people to have a look which russian propaganda accounts base all or like before and during the presidential campaign last year in response to a request from senators to address manipulation and meddling in the 2016 presidential election. we know that 150 million people were reached. people probably do not know whether they were one or not and this is an attempt to address that. and to appease congress. facebook down about one dollar. more on this in the next few minutes. this is bloomberg. ♪ ♪ this is bloomberg markets. i am shery ahn. vonnie: i am vonnie quinn. facebook will show people with russia propaganda pages or accounts they followed or like on their facebook accounts. featuring the presidential campaign and election in response to a request from u.s. senators to address manipulation and meddling during that time. our technology reporter broke the story who is on the phone from houston. how will this work? something you have to download or turn on on facebook? >> no, by the end of the ye

facebook? >> congressman, today approximately 10,000 people at facebook work on safety and security across our products and security community operations team. >> on this problem. >> on safety and security generally. by the end of 2018, 20,000. so more than doubling those teams. >> okay. significant resources. mr. walker again? >> on this investigation i would say hundreds. on the broader question of safety security, thousands. i think the broader question here is improved artificial intelligence machine learning algorithm to deal with this at scale. >> brings me to my last point, and this is so difficult so i'm glad i'm not sitting in your seat. all of you have used the term "fake news." it's been used pervasively in this hearing. and we all recognize fake news is in the eye of the beholder many times. there are some things that are reported that are demonstrable untrue. but the vast majority of it is there some spectrum of reality and opinion. and i'll use mr. quigley example, he said, among

facebook? >> congressman, today approximately 10,000 people work at safety and security across our product security and communication -- >> on this problem? >> on safety and security generally. by the end of 2018, 20,000. we're more than doubling those teams. >> significant resources. mr. walker again? >> on this investigation i would say hundreds. i would say on the broader question of safety and security i would say thousands. i would add quickly i think the answer is improved artificial intelligence and machine algorithms to bring the product at scale. >> this is so difficult, and i'm really glad i'm not sitting in your seat. all of you have used the term fake news. it's been used pervasively in this hearing. we all recognize that fake news is in the eye of the beholder many times. there are some things that are reported that are demonstrably untrue. but the fast majority of it is some spectrum there of opinion and reality. i'll use mr. quigley's example. he said as i best recall, imam warns

population uses facebook. a foreign power using that platform to influence how americans see and think about one another is as much a public policy issue as it is a national security concern. crafting an elegant policy solution that is effective but not overly burdensome demands good faith and partnership between companies and this committee. just recently, on the basis of a more complete and sophisticated analysis, the original estimate that 10 million americans were exposed to russian content on facebook was increased to 126 million. that tells me that your companies are just beginning to come to grips with the scale and the depth of the problem. that's encouraging but know this. we do better when you do better. i would urge you to keep that in mind and to work with us proactively to find the right solution to a very constant and complaining challenge. i'll take a moment here to stress that this hearing, what this hearing is and is not about. this isn't about relitigating the 2016 u.s. presidential election.

lawmakers turning up the heat against facebook and company yep they sure are the u.s. house intelligence committee has released a whole trove ads basically from facebook first of all links to a russian internet agency its best to getting russian interference in the twenty sixteen presidential poll representatives from facebook twitter and alphabet have been testifying at back to back hearings in both the congress and senate with facebook being the first to announce it had evidence of russian meddling on social media lawmakers have slammed the companies for failing to rein in russian use of their sites to manipulate the american political process. and it's going to get its quota standing by the new york stock exchange on this one even facebook says russia's influence was reprehensible yes shouldn't these companies have been hindering outside interference of any sort. legally probably not morally probably yes i mean this whole situation is a rather new and we didn't have to deal with problems like that in the past is really the big question should facebook have a block a

and notjust facebook, google and twitter? it will be tough to regulate it because of the incredible amount of traffic. if it democratises, it will be strong enough to say it is up to the community to police it. whether you agree or not that, that is another question. thank you for your time this morning. we will dig into that during the newspaper talk. and now we will stay with the us. later today, president trump will name the successor to janet yellen as head of the us federal reserve when her term ends in february. several reports say he has settled onjerome powell , a current fed governor. and as michelle fleury reports, that will mean continuity. a new man at the federal reserve will be seen as representing continuity with outgoing chairjanet yellen. that should calm anyjitters from investors who more than anything want stability, as they hate unexpected change. jerome powell is widely assumed to have if you are similarto powell is widely assumed to have if you are similar to janet yellen‘s. things should be the same,

up, we would hear what the facebook ceo -- coo has to say about as i'm facebook just a few minutes ago. , thatare reviewing as will enable us to look more at advertiser and the who has submitted them as well as tighten our policies. perfect way for those directed at social and political issues. ♪ back to the top tech story of the day. with the u.s. presidential election. it had a lot to say about that. i am disappointed you are here great because we are talking about a policy on the policy of the company. it is fine to send general counsel. i think if you could take a message back to this committee when we go through this exercise again we went appreciates seeing the top people who are making the decision. theow big a deal is it that ceo did this? we have our guest host and to others. a big dealk it is that mark zuckerberg did not show up? >> i don't think the senate really wanted him to show up. if they wanted them that they would have scheduled them. this was a done deal between the senate staff and the seat euros. i think he is just speaking for himself. he probably violated a agr

very seriously foreign actors used fake accounts to place ads on facebook and instagram that reached millions of americans over a two year period and that those ads were used to promote pages which in turn posted more content people share these posts spreading them still further many of these ads and posts are inflammatory. why is it taken facebook eleven months to come forward and help us understand the scope of this problem see it clearly for the problem it is and begin to work in a responsible legislative way to address it in hindsight we should have had a broader lens there were signals we missed but we are troubled by reports that power of twitter was misused by a foreign actor for the purpose of influencing the u.s. presidential election and undermining public faith in the democratic process art i'm joined now by eric has a ball he is a tech analyst he joins me tonight from new york eric it's good to see you the you know the theatrical of these hearings are certainly compelling they make for good television but in terms of substance is there anything really that going to come o

a facebook account, the ad itself, and a credit card. facebook's website will hold your hand to the rest to self-serving advertising. let's say you haven't you want to show to gun owners in pennsylvania. simple. facebook and reroute the ads of anyone that has posted pages about gun ownership using target at space on race, political affiliation, pretty much anything. facebook and target specific demographic groups because it has so much information on its users, the articles the quick on, the pages that follow, what they like, all for targeting advertisers. there is information users provide themselves. the ads are meant to spur controversy over immigration, race relations, gun rights, and more. facebook says that before as our distribution, they are sent for review, but it is a mostly automatic process that does not block commercial ads based on content, which means the russians were able to run thousands of ads with actually incorrect information and inflammatory political speech, which facebook users could not tell came from russia, an

does facebook at 40 times earnings price in anything other than facebook being perfect in 2018 >> yeah, but that's -- that's always been a reason to -- to -- to sell. >> i own these stocks. i'm thinking out loud. >> i think it's a good question. the answer to your question, scott, is that as long option the fundamentals continue and the company is guided for good fundamentals, then the stocks continue to perform in lock step with the market. >> institutional investor survey, hit 63.5 today peter boockvar notes this is a 30-year high in that particular survey the high -- all-time high is 65 in 1987. so everyone agrees tech should continue to run. tech has the best growth tech has dominated in the economy. everyone also agrees that markets in motion, tend to remain in motion unless something weird that no one anticipates happening. seasonality, so we all agree so why shouldn't we have a consolidation. >> it can be more overbought. >> why shouldn't all of a sudden something happen where we get a consolidation or worse, a drawdown we should all expect >> it will happen. >> to josh's point,

we learned a few new numbers out of facebook. 146 million users of facebook which facebook owns, thought content to the canes out of these -- came out of these it russia-linked ads. lawmakers had some tough questions for the general counsel of these companies, which had to sit through a rough two days of grilling from lawmakers. host: you said we did not learn a lot about specific things. we basically do not know yet what happened, duly? ms. gold: we have an idea what happened. we know of a number of ads that were purchased, there could be more. we know of fake accounts the purchased ads on twitter, and we know about action on google. what we do not know is if there was collusion between the trump campaign in coordination with buying these ads on social media. we do not know if it sway the thetion, -- swayed election. host: david mccabe, what have you learned? we picked up on wider ranging concerns lawmakers breadtht the breath -- of these companies. john kennedy, senator from louisiana, not active on tech issues, but data privacy. has a hugeta privacy bearing on this russia investigatio

>> the ads are on facebook?. >> we are focusing significant effort that perfection will be difficult >> since that investigation that the problem is the unknown unknowns. >> why did it take so long to find them?. >> this is a long time after. >> threat the course of the last several years cyberas benign as attacks it was only after the intelligence community can now with this report in this particular area. >> is that why he did not look so extensively?. >> so the efforts with the nation state actors are focused on traditional severs security threats. and to publish a white paper. >> if i ask each of you do you believe russian intelligence services today are on your platform?. >> there is a possibility be working to find them. >> this same mr. . >> same. >> twitter decided not to run those ads on the platform is that push what we would call fake news?. >> that is part of the assessment. >> what about stolen information from the dnc and the clintons?. >>. >> but i saw them reporting on that. >> so from those discl

is that we use on facebook? >> i would say that's an accuracy. >> that's an accurate statement. >> i'm not sure i can characterize on our network which way the content went. >> thank you. >> thank you chairman. i take it we can all agree that the russians did in fact interfere and metal in the 2016 elections. your observations on that are consistent with what our intelligence community reports. is that correct? mr. stretch? >> that's correct mr. senator. >> mr. edgett? >> that's true. >> i gather that all of your companies that move beyond the notion that your job is only provided platform and whatever goes across it is not your affair. >> senator our commitment to addressing this problem is unwavering. we take this very seriously and are committed to investing in preventing this from happening again. >> mr. edgett. >> absolutely agree with mr. stretch. we are committed to working every single day at solving this problem. >> mr. salgado. >> we have made changes and we will continue to get better. >> ultimately y

on facebook. of course they are optimizing for your attention. that's the number they throw out. 50 minutes on average of users spend on facebook on their phones. this is the crux of the business . zuckerberg has had some mea culpas this year. other cofounders of the -- of facebook have had their mea culpas. but, fundamentally, what facebook has argued is that this is just a human problem that gets blown up on facebook. if their attention is on facebook, they will be bigger. that's just what you get when you put a lot of people there. emily: there's a lot of discussion about the responsibility of these platforms, whether it comes to this or fake news or fake accounts. jon, as someone who ran cnn, knows what it takes to verify and validate a story, we've seen these companies testifying on capitol hill. where does the responsibility start and stop? jon: these companies have to take much more responsibility than they initially did. and i think they are beginning to do that. and nobody can sense the w

and conservatives also are using facebook to shore the mainstream media. >> tucker: facebook is probably great in burma, there's lots that i like, i think there's an upside to facebook. i'm just saying there appears to be a massive downside to the company itself that there ignoring. cigarettes kill you after a while. it's not that there's nothing good about it. there's clearly something really bad about it. >> i don't think there's an upside to cigarettes in my opinion. i do see your point, absolutely. i also see the other side, i see the fact that there's been so much positive and we have to balance it. that's not to say that facebook should not be spending more to protect kids, to keep bullying away and frankly, i think they have done a nice job in that regard. >> tucker: bullying displaces the responsibility from themselves onto their consumers. there saying people are misusing our product, maybe the product itself hurts people. maybe they should sit in the hot seat and have congress ask them some real questions. >> imagine without a facebook. >> tucker: i grew up without facebook. i

facebook google and twitter are in the spotlight of u.s. lawmakers that being questions about their political ads the companies have begun two days of hearings before legislative committees the question is has russia used the company's out services to sway american voters in last year's presidential elections and so discord afterwards facebook admitted that hundreds of millions millions of people may have been influenced by politically divisive posts from fake accounts that originated in russia. thousands and thousands of ads and comments on social networking sites during the presidential election in the u.s. favored u.s. president donald trump over his opponent hillary clinton up to one hundred twenty six million americans were served the messages originating from the russian troll farm the internet research agency u.s. lawmakers in washington are now trying to figure out how it could have happened the u.s. judiciary subcommittee grilled three social media representatives from facebook twitter and google for hours the questions were diffic

that is why we take that seriously on facebook. it is reprehensible because foreign actors hiding behind fake accounts have libyas the platform to have division and discord to undermine the election process directly contrary to move our values and everything we stand for the goal is to bring people closer together in these foreign actors drive that for word. in our investigation which continues to this day has found they used fake account -- accounts on facebook and instagram to reach millions of americans over a two-year period and those pages is that hosted more content than they shared the post. many of these are downright offensive we know much of this is hurtful to members of the facebook community believing it was authentic people should not have to worry that they're in a cynical effort pray on our society to inflame this course. so in an aggregate what we have discussed today is a very small fraction of the content but any amount is too much because all of those while the policies and we removed them. so going forward we're

facebook says it intends to address the problem c.e.o. and founder mark zuckerberg has said he will be for up tools to prevent misuse. protecting our community is more important than maximizing our profits he said. that protection won't come cheap facebook says it will be doubling the number of reviewers and security personnel to twenty thousand. critics say the move is overdue and that facebook has ignored hate speech and propaganda on the world's largest social media platform for far too long. the dax it broke through the twelve thousand mark in march galloped past thirteen thousand in october and continued upward this week in an unprecedented show of strength for the german blue chip index here the trading floor is calm the recipe for success seems simple buy stocks land back and watch them rise and the expectation is that things won't change anytime soon. and next thing ya shyness or things already seem to be on track for next year even europe in asia have that crises behind them u.s. growth is continuing because of trump by tim it do

it is of the same problem as facebook. it is not as healthy as facebook. we will see if it makes much of a difference. a small group of folks wanted more characters but the bigger problem is can they turn this into an affect if business. a question we have been asking for a long time. thank you for the analysis. you have sent in a lot of use and most of you saying you are more of a facebook kind of people rather than snapchat. we will discuss that more in detail later. in the next few hours, president trump will meet with his chinese counterpart xijinping. the nuclear threat posed by north korea is set to top the agenda, but mr trump is also expected to take aim at the trade relations between china and the united states. let's cross over to our asia business hub to speak to sharanjit leyl. tell us about how significant this trip is from the point of view of reasons and trade? well, massively significant because when he lands in china today, he will be joined by the losses of more than two dozen american businesses and during this visit they are looking to

facebook is an excellent way to fight back. is there a political aspect to what is going on here in the investigation? guest: it's washington. there's a political aspect to everything, as you are well aware. it is interesting. while both democrats and republicans say they are very concerned, democrats are much more leaning in and being critical of the tech industry, which has long been a strong ally. certainly during the obama admin -- the obama administration. many senior officials went to google and other companies. the democrats are on the leading edge of proposing legislation and being critical. republicans, while they have expressed concerns, too, sums are trying to disassociate this issue from the russia specific thing because there are concerns about this undermine the legitimacy of the president and that being used as a weapon against him and his agenda. certainly there are political obstacles to what lawmakers may want to do in this space. ok, david on the independent line from new york. good morning. good morning to y

facebook under fire for self-incrimination thags. new concerns about donald trump pressuring doj to investigate opponents and the free press. i have a special guest who is an expert on doj independence. an important story. we begin with a question many are asking about the prosecutors investigating russian collusion. do you think they'll get the president? that's what jared kushner recently asked a friend who spoke to "vanity fair." that fretful question from a loyal trump insider is at odds with the public legal stance. as we reported, ty cobb insisting the interviews are going well and mueller's entire probe could be resolved in early january. kushner may have his own legal exposure. mueller investigating his contacts with foreign leaders, asking detailed questions about jim comey and if he fared firing him. mueller could be chasing leads. let's be clear. the four sources are anonymous. they could just be enemies of kushner trying to pin the white house's probably worst decision yet on him. consider this. another former trump campa

to help facebook get into china. and the new feature takes content blocking a step further by preventing that content from ever even appearing in china's feeds in the first place if it was deployed. that's what facebook apparently was willing to consider to do to get into china. now let me be clear. no one is saying companies can function the same in every single country. every global country has to follow a lot of different rules around the world. but this wider global lens is revealing for us here in america. once you see what facebook is willing to do elsewhere, huddle with the kremlin, cut the deals in turkey, even innovate new censorship models in china, it's a reminder that mark zuckerberg can get a lot done when he sets his mind to it. but when his money son his mind. it puts facebook's claims of a naive ignorance or technical inability in a new light. >> personally, i think the idea that in a fake news on facebook of which it's a very small amount of the content, influenced the election in any way is a pretty

--alboran hola a todos en facebook. Éstas son las noticias del dÍa, complicado proyecto para las tres