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dorsey: yes. mr. lujan: during the initial purge of bots, who lost more followers, president trump or former president obama? mr. dorsey: i'm not sure of those details but that was a broad-based action across all of twitter. mr. lujan: subject to confirmation, do these numbers sound familiar? president obama lost 2.3 million followers. president trump lost roughly 320,000 followers? mr. dorsey: i would need to confirm that. mr. lujan: that's what's been reported. based on that, is it correct that twitter's engaged in a conspiracy against former president barack obama? mr. dorsey: i don't believe we have any conspiracies against the former president. mr. lujan: i don't either. i don't think you have them against this president. i want to commend you on your work with what was done associated with the evaluation following the 2016 election, which led to some of this work. in your testimony, you note that twitter conducted a comprehensive review of platform activity related to the 2016 election. i as
dorsey: yes. mr. lujan: during the initial purge of bots, who lost more followers, president trump or former president obama? mr. dorsey: i'm not sure of those details but that was a broad-based action across all of twitter. mr. lujan: subject to confirmation, do these numbers sound familiar? president obama lost 2.3 million followers. president trump lost roughly 320,000 followers? mr. dorsey: i would need to confirm that. mr. lujan: that's what's been reported. based on that, is it correct...
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Sep 8, 2018
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dorsey. we'll now begin the opportunity to have questions and i'll lead off. mr. dorsey, i want to get to the heart of why we're here today. we have a lot of questions about twitter's business practices including questions about your algorithms, content management practices and how section 230 safe harbor protects twitter. in many ways for some of us, it seems a little bit like the wizard of oz and we want to know what's going on behind the curtain. this summer reports surfaced that profiles of twitter users were not appearing in drop-down search results. this was after a member of this committee had her tweets and ads taken off the service because of basic conservative message and other examples sent our way. twitter's public response is, i quote, we do not shadow ban, you're always able to see tweets from accounts you follow although you may have to do more work to find them like go directly to their profile, close quote. most people might think of that as shadow banning because it doesn't
dorsey. we'll now begin the opportunity to have questions and i'll lead off. mr. dorsey, i want to get to the heart of why we're here today. we have a lot of questions about twitter's business practices including questions about your algorithms, content management practices and how section 230 safe harbor protects twitter. in many ways for some of us, it seems a little bit like the wizard of oz and we want to know what's going on behind the curtain. this summer reports surfaced that profiles of...
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dorsey. ms. sandberg: absolutely. trust is the cornerstone of our business. people have to trust what they see on facebook is authentic. people have to trust this is a positive force for democracy and the things they care about. so this has been a huge issue for us. that's why we're here today and keep working to get ahead of these threats and make sure we can minimize all this activity. mr. dorsey: our incentives are aligned. i to believe it goes deeper than just the alignment of our company incentives with this committee and the american people. i believe we need to question the fundamental incentives that are in our product today. every time someone opens up our service, every time someone opens up our app, we're implicitly incentivizing them to do something or not to do something. and that extends all the way to our business. and goes -- those answers we get from asking that question are going to create massive shifts in how twitter operates. i also believe how our industry operates. what
dorsey. ms. sandberg: absolutely. trust is the cornerstone of our business. people have to trust what they see on facebook is authentic. people have to trust this is a positive force for democracy and the things they care about. so this has been a huge issue for us. that's why we're here today and keep working to get ahead of these threats and make sure we can minimize all this activity. mr. dorsey: our incentives are aligned. i to believe it goes deeper than just the alignment of our company...
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dorsey. we'll now begin the opportunity to have questions and i'll lead off. i want to get to the heart of why we're here today. we have a lot of questions about twitter's business practices including questions about your althrights, content management practices and how section 230 twitter.or protects in many ways for some of us, it like theittle bit wizard of oz and we want to know what's going on behind the curtain. reports surfaced that profiles of twitter users drop-downppearing in search results. this was after a member of this her tweets and ads taken off the service because of basic conservative message and other examples sent our way. is, ir's public response quote, we do not shadow ban, you're always able to see tweets followcounts you although you may have to do more work to find them like go their profile, close quote. most people might think of that because itanning doesn't matter your definition of shadow banning, when the toectation you are giving your users who choose to follow
dorsey. we'll now begin the opportunity to have questions and i'll lead off. i want to get to the heart of why we're here today. we have a lot of questions about twitter's business practices including questions about your althrights, content management practices and how section 230 twitter.or protects in many ways for some of us, it like theittle bit wizard of oz and we want to know what's going on behind the curtain. reports surfaced that profiles of twitter users drop-downppearing in search...
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dorsey: no. if you are sharing your password of your account with another, they have the rights that you would have to take on that account. rep. upton: i yield back. >> the chernow recognizes the gentleman from new york, mr. ingle. >> the chernow recognizes -- chair now recognizes misty get. thank you for joining us here today, because these are important issues. even though the democrats have highlighted that really, some of the reasons why you came, we think, our political and wrong, nonetheless, there are some real issues with twitter that i think we can discuss today. as you said, twitter really has become a tool for engagement across society. and recently, we saw some of its positive social change with the role it has played in the me too movement. nonetheless, twitter has also experienced its own sexual harassment problem to confront, and i would like to ask you some questions about how twitter is dealing with these issues. i do not know if you are aware of the amnesty international report
dorsey: no. if you are sharing your password of your account with another, they have the rights that you would have to take on that account. rep. upton: i yield back. >> the chernow recognizes the gentleman from new york, mr. ingle. >> the chernow recognizes -- chair now recognizes misty get. thank you for joining us here today, because these are important issues. even though the democrats have highlighted that really, some of the reasons why you came, we think, our political and...
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dorsey? mr. dorsey: we have not found any violation of our terms of service but we're open to any law enforcement insight that would indicate a violation of our terms. sen. cotton: thank you. my time is nearly expired. i want to commend your companies for making you available in both of you for appearing. i would urge both of your companies or any company like yours to consider whether or not they want to be partners in the fight against our adversaries in places like beijing and moscow and tehran as opposed to evenhanded or neutral arbiters. thank you. congress is not meeting monday and tuesday due to russia shauna. considered spending on the veterans department. also, approval of water infrastructure projects and changing the definition of a employee.in italy? -- the senate will meet wednesday to continue debate on an irs commission nomination. pharmacists to provide prescription information. >> c-span, where history unfolds daily. a 1979 c-span was created as public service by america's cable
dorsey? mr. dorsey: we have not found any violation of our terms of service but we're open to any law enforcement insight that would indicate a violation of our terms. sen. cotton: thank you. my time is nearly expired. i want to commend your companies for making you available in both of you for appearing. i would urge both of your companies or any company like yours to consider whether or not they want to be partners in the fight against our adversaries in places like beijing and moscow and...
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dorsey. it does appear that you have committed to shifting your company's culture with respect to the safety and security under perform. obviously, we have been impressed by some of the efforts the question i have is that, on your platform, there are a lot of automated accounts, and nothing good or bad about an automated account. certain goode are things that come out of them. that anyou believe individual twitter user should have the right to know when he or she is the contact, whether that contract is initiated by a -- bot.ing or a box >> i do believe that they have this right. >> would that go as far as actually having a policy on your , allowing the user to by aif they were contacted .uman being versus a machine >> we can certainly label and at context to our accounts. where it becomes trickier is when automation is scripting our website to look like a human actor. as far as we can label and , wetify these automations can label them. and that is a useful contacts. it is an idea that we ha
dorsey. it does appear that you have committed to shifting your company's culture with respect to the safety and security under perform. obviously, we have been impressed by some of the efforts the question i have is that, on your platform, there are a lot of automated accounts, and nothing good or bad about an automated account. certain goode are things that come out of them. that anyou believe individual twitter user should have the right to know when he or she is the contact, whether that...
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dorsey? foundrsey: we have not any violation of our terms of service but we're open to any law enforcement inside that would indicate a violation of our terms. sen. cotton: thank you. my time is nearly expired. i would urge both of your companies or any company like yours to consider whether or not they want to be partners in the fight against our adversaries in places like beijing and moscow to tehran as opposed evenhanded or neutral arbiters. >> senator reid. sen. reed: thank you, mr. chairman. i would like to thank you for recognizing senator john mccain. we both don't know any latin so we have various translations of -- the one we like best is real cool. thank you, mr. chairman. thank you both for being here. been organizing very diligently for the 2018 elections and have tried to anticipate maligned activities we saw in 2016. have you seen the same cap of coherence from the federal government in terms of your ability to contact and work with them? we have long had very good relationships
dorsey? foundrsey: we have not any violation of our terms of service but we're open to any law enforcement inside that would indicate a violation of our terms. sen. cotton: thank you. my time is nearly expired. i would urge both of your companies or any company like yours to consider whether or not they want to be partners in the fight against our adversaries in places like beijing and moscow to tehran as opposed evenhanded or neutral arbiters. >> senator reid. sen. reed: thank you, mr....
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jack dorsey in particular.at do you make of the fact dorsey and twitter shares ended down 6% today? dorsey was very contrite, almost too contrite. he talked about the way twitter was designed 12 years ago, you know, it may not be the way they want twitter to be today, and fundamental changes are necessary to make. nobody sort of knows how to interpret that. sarah: dorsey has said before they will have to make fundamental changes how twitter --ks, but it is underweight depends on how you say it in front of congress. he mentioned the follower count for example, maybe it needs to be revisited. twitter good content -- completely shift its priorities to look to a cleaner future for its users, and that could change what twitter is. at the same time he mentioned how difficult that will be. he mentioned it is difficult for twitter to be able to know who is a bot versus who is a human. , i wantan advertiser twitter to tell me what people like and what they want to look for in terms of shopping, and if they don't know if
jack dorsey in particular.at do you make of the fact dorsey and twitter shares ended down 6% today? dorsey was very contrite, almost too contrite. he talked about the way twitter was designed 12 years ago, you know, it may not be the way they want twitter to be today, and fundamental changes are necessary to make. nobody sort of knows how to interpret that. sarah: dorsey has said before they will have to make fundamental changes how twitter --ks, but it is underweight depends on how you say it...
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dorsey? >> this is not something we want to compete on. we hosted our company's career officers in the mast two wepasts in our company if there were undercurrents, we would immediately look to alert our peer companies, this committee and our law enforcement partners. >> let me just say in closing, to either of you, if you see impediments that exist to notify or collaborate as it relates to nefarious actors that you'll certainly make this committee aware in case where is we can help with that, mr. vice chairman >> as i indicated in my -- i think after some initial false starts, it does really appear that you have committed to a shift in your company's culture with respect to the safety and security on your platform and obviously i have been impressed by some of the increasing efforts that you have taken. the question i have, obviously on your platform, there are a lot of automated accounts or bots and there's nothing good or bad about an automated account. >> anyone using twitter has the right
dorsey? >> this is not something we want to compete on. we hosted our company's career officers in the mast two wepasts in our company if there were undercurrents, we would immediately look to alert our peer companies, this committee and our law enforcement partners. >> let me just say in closing, to either of you, if you see impediments that exist to notify or collaborate as it relates to nefarious actors that you'll certainly make this committee aware in case where is we can help...
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she was joined by the ceo of twitter, jack dorsey. jack then travel to the other side of capitol hill to the house for the energy and commerce committee where he testified so low on the idea that twitter may be biased. host: what is the significance that you had the ceos of these platforms to talk about these issues? guest: it has been a long time coming. the companies are in the spotlight for they didn't do enough in the election by russia. in their own definition they were slow to take action in that. a lot of their testimony was acknowledging they were slow to act. so it is significant to have them with push and pull. jack dorsey's first testimony and he has been the ceo for quite some time. so to have him up there answering questions was significant. google was also invited. the decline to send a representative. which lawmakers did not enjoy. host: what did they resolve to do because of that? is a rolling process by their own admission. one of the things they have done is to hire humans and work on technology to determine fraudule
she was joined by the ceo of twitter, jack dorsey. jack then travel to the other side of capitol hill to the house for the energy and commerce committee where he testified so low on the idea that twitter may be biased. host: what is the significance that you had the ceos of these platforms to talk about these issues? guest: it has been a long time coming. the companies are in the spotlight for they didn't do enough in the election by russia. in their own definition they were slow to take action...
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dorsey. he just wrapped up nearly three hours of testimony, this hearing that is set to start shortly is expected to be another three hours. so certainly an exhausting day for him. we expect him to arrive here any minute now >> we'll check back with you, julia, thank you >>> nyu's scott galloway joins us his runaway best-seller is called "the four." welcome to "power lunch. good to have you with us. >> thank you for having me. >> are we going to look back on the hearings and say this was the beginning of the end of big tech >> no. i don't think so i thought it was a thoughtful conversation, a good dialogue, substantive, i don't see anything meaningful coming out of this panel much less washington, d.c. d.c. now lacks a domain expertise or will to go after big tech where you night see it is one out of brussels or out of a red state whose attorney general sees the brightest blue line path between the ag's mansion and the governor's mansion as a populist argument against big tech the war against
dorsey. he just wrapped up nearly three hours of testimony, this hearing that is set to start shortly is expected to be another three hours. so certainly an exhausting day for him. we expect him to arrive here any minute now >> we'll check back with you, julia, thank you >>> nyu's scott galloway joins us his runaway best-seller is called "the four." welcome to "power lunch. good to have you with us. >> thank you for having me. >> are we going to look...
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dorsey. >> chair now recognizes gentleman from texas mr. olson for four minutes. >> i thank the chair and welcome mr. dorsey. you mentioned in your opening statement, a group called the trust and safety council within twitter. on twitter's bog it relies on the trust and safety counsel for guidance in evaluating and developing the own committee guidelines. to he's your opening statement, to create that public square for free exchange of ideas. and you've been pretty honest about your personal biases and the biases of people within twitter. how pervasive are the biases on the trust and safety council? >> well, just for some context, our trust and safety council is a external organization of about 40 organizations that are global and are focused on particular issues such as online harassment or bullying or misinformation. so these are entities that help us get feedback on our policies and also our solutions that we're coming up with but we take no direction from. >> are these entities, are they
dorsey. >> chair now recognizes gentleman from texas mr. olson for four minutes. >> i thank the chair and welcome mr. dorsey. you mentioned in your opening statement, a group called the trust and safety council within twitter. on twitter's bog it relies on the trust and safety counsel for guidance in evaluating and developing the own committee guidelines. to he's your opening statement, to create that public square for free exchange of ideas. and you've been pretty honest about your...
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dorsey, your acknowledgment that we ought to move towards and i guess ms. sandberg echoed this, as well. some ability to indicate where they're contacted by a human being or machine and acknowledging that just because it's a bot doesn't mean it's good or bad. might be a data point that individual ought to have as they make determinations going forward. i also really appreciated, ms. sandberg, your notion that not only should users have access to the information that you or others collecting but as we work through to this how you monetize that and let users know the value of their data, i think that increased price transparency and i'm grateful of your willingness to at least consider that because i think it goes a long way towards making this exchange better understood by individuals i also, i know i didn't get a chance to get into this at length but you and i have had this conversation in the past around data portability. i don't want to make the complete analogy and number portability came around, we have competition in the wireless industry and elsewhere
dorsey, your acknowledgment that we ought to move towards and i guess ms. sandberg echoed this, as well. some ability to indicate where they're contacted by a human being or machine and acknowledging that just because it's a bot doesn't mean it's good or bad. might be a data point that individual ought to have as they make determinations going forward. i also really appreciated, ms. sandberg, your notion that not only should users have access to the information that you or others collecting but...
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dorsey? i got a response back from a teen, a high schooler and i'm a conservative and i have a conservative tweet and i can't get verified on it. why can't i get verified? i have over 44,000 followers, letyet more liberal ones they have many less followers than i do, but they're getting verified. why is that? that is the kind of question we want an answer here. neil: you know, congressman, the president was very upset at google last week as you recall with he was saying that users are getting rigged results and that he would be opened to considering regulations on the company. larry kudlow, one of his top economic advisors had said at the time, we're taking a look doing just that. ajit pai, the chairman of the fcc, is noting that he wants to see all social media companies to be more transparent. he held off the possibility of doing anything more than that but there was clearly an, appeared, sir, to be an appetite on the part of the white house to crack down on these guys, maybe outright regul
dorsey? i got a response back from a teen, a high schooler and i'm a conservative and i have a conservative tweet and i can't get verified on it. why can't i get verified? i have over 44,000 followers, letyet more liberal ones they have many less followers than i do, but they're getting verified. why is that? that is the kind of question we want an answer here. neil: you know, congressman, the president was very upset at google last week as you recall with he was saying that users are getting...
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dorsey? >> so, we also have not found any violation of our terms of service, but, you know, we are open as always to any law enforcement insight that would indicate a violation of our terms. >> thank you my time is nearly expired. again, iowa n't to commend your companies for making you available and both of you appearing. i would urge both your companies or any company like yours to consider whether or not they want to be partners in the fight against, you know, our adversaries in places like beijing and moscow and pyongyang and teheran. as opposed to even handed or neutral arbiters thank you. >> senator reid. >> well, thank ou, mr. chairman let me begin by thanking you and the co-chair of recognizing john mccain we are both service academy graduates and we have various definitions and we like real cool you're real cool, mr. chairman thank you both for being here. you have been organizing based on your comments today very diligently for the 2018 elections and trying to anticipate malign acti
dorsey? >> so, we also have not found any violation of our terms of service, but, you know, we are open as always to any law enforcement insight that would indicate a violation of our terms. >> thank you my time is nearly expired. again, iowa n't to commend your companies for making you available and both of you appearing. i would urge both your companies or any company like yours to consider whether or not they want to be partners in the fight against, you know, our adversaries in...
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dorsey. abilityyour company's to collaborate with other social media companies in this space? openness toe a real this and we have established a more regular cadence with our industry peers. we do believe we have an opportunity to not only create more transparency with an eye towards accountability, but also toward a more open way of working. a way of working that for instance allows for a review period by the public on how we think about our policies. more so, taking some of the lessons that we have learned and benefited from and the open source software space to actually think about developing our policies, our enforcement and also our products going forward. we have been experimenting with this recently, but we would like to be a company that is not only hosting an open conversation but participating in that conversation. we are more than open to more collaboration and not just with our industry peers, but with scholars, academics and our government partners. >> thank you. miss sandberg?>
dorsey. abilityyour company's to collaborate with other social media companies in this space? openness toe a real this and we have established a more regular cadence with our industry peers. we do believe we have an opportunity to not only create more transparency with an eye towards accountability, but also toward a more open way of working. a way of working that for instance allows for a review period by the public on how we think about our policies. more so, taking some of the lessons that...
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she was trying to help jack dors dorsey. jack admitted he is very shy. he is not the best communicator. he was reading from his phone. he said i would tweet it. he tweeted while testifying before congress. he talked about fundamental problems twitter has on the platforms. investors saw this and got nervous. some regulation may be coming. investors don't like regulation. >> this is the deregulation administration. now suggesting a regulation of tech companies. sam, thank you. >>> former alabama senate candidate roy moore suing sacha b baron cohen. he is seeking $95 million for defamation and emotional distress and fraud. during the interview, cohen brought out a device claiming it could detect pedophiles. moore has been accused by several women of sexual mu misconduct. >>> colin kaepernick will make an appearance of the nfl opener in philadelphia. not on the field in the new nike ad. >> believe in something. even if it means sacrificing everything. >> the commercial narrated by kaepernick features lebron james and serena williams and several others. kaepe
she was trying to help jack dors dorsey. jack admitted he is very shy. he is not the best communicator. he was reading from his phone. he said i would tweet it. he tweeted while testifying before congress. he talked about fundamental problems twitter has on the platforms. investors saw this and got nervous. some regulation may be coming. investors don't like regulation. >> this is the deregulation administration. now suggesting a regulation of tech companies. sam, thank you. >>>...
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twitter ceo jack dorsey back in the hot seat. they are requesting about questions that the company is biased against cons serve tiffs. just an hour after the senate intel committee grilledded him over elections. we have something else going on. senate judiciary committee questioning president trump's supreme court pick brett kavanaugh. we'll have a live report on both hearings straight ahead. i'm trish regan. so great to be back. i'm welcome back, this is "the intelligence report. ♪ trish: president trump blasting twitter and other social media companies in recent days accusing the companies of censoring conservative viewpoints. we may hear more about this alleged bias from the president any minute now. we're watching his twitter feed carefully. he is holding a meeting with the emir of kuwait at the white house. he may come out and say something. we'll monitor the meeting bring you any headlines as soon as they come in. plus my intel on why social media companies need to work a little harder, to make sure people don't use social
twitter ceo jack dorsey back in the hot seat. they are requesting about questions that the company is biased against cons serve tiffs. just an hour after the senate intel committee grilledded him over elections. we have something else going on. senate judiciary committee questioning president trump's supreme court pick brett kavanaugh. we'll have a live report on both hearings straight ahead. i'm trish regan. so great to be back. i'm welcome back, this is "the intelligence report. ♪...
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that jack dorsey did testify on that yesterday. that they were using follower folksy to determine the -- it is on my to do list to dig into that. host: matt from virginia. hello. i am a teacher. part of my job is to teach our students information literacy and sources and what are legitimate sources. and i feel like if you look at younger generations understand about information literacy, they are able to navigate social media and use it and understand what is information and what is entertainment. 2006, i started to notice that a lot of my elder family were starting to share things on you to or social media that were completely false and i would have to constantly send on articles and that ways to show them they were just passing on false information from social media and i feel like we have to do a better job of giving people who didn't get the opportunity to get information literacy because they were born well after -- born well before it was presented -- we have to give them ways to understand what is true and false on the inter
that jack dorsey did testify on that yesterday. that they were using follower folksy to determine the -- it is on my to do list to dig into that. host: matt from virginia. hello. i am a teacher. part of my job is to teach our students information literacy and sources and what are legitimate sources. and i feel like if you look at younger generations understand about information literacy, they are able to navigate social media and use it and understand what is information and what is...
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dorsey. cement the chair recognizes the gentleman from texas for four minutes. >> i think the chair and welcome mr. dorsey. you mentioned the statement from a group called the trust and safety council within twitter. i'm twitter's body relies on the trust and safety council for guidance evaluating and developing its own committee guidelines. the statement to create the public square [inaudible] ideas. you've been honest about your personal biases and the biases of people on twitter. how pervasive are the biases on the trust and safety council? >> just for some context are trust and safety council is an external organization of about 40 organizations that are global and focus on particular issues on online harassment or bullying or misinformation. so these are entities that help us get feedback on our policies and also our solutions we are coming up with a take no direction from. >> are these entities either republican, democrat, in the affiliation politically that comes in twitter's world? >>
dorsey. cement the chair recognizes the gentleman from texas for four minutes. >> i think the chair and welcome mr. dorsey. you mentioned the statement from a group called the trust and safety council within twitter. i'm twitter's body relies on the trust and safety council for guidance evaluating and developing its own committee guidelines. the statement to create the public square [inaudible] ideas. you've been honest about your personal biases and the biases of people on twitter. how...
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dorsey.your in his ability to collaborate with other media companies in the space? >> we have a real openness to establish a more regular letter cadence with industry peers. we do believe that we have an opportunity to not only create more transparency with an eye towards workability but also a more open way of working. a way of working that, for instance, allows for a review. by the public on how you think about our policies but more so, taking the lessons that we have learned and benefited from in the open source software space to develop our policies or enforcement and also our products going forward. we been experimenting with this recently but we would like to be a company that is not only hosting an open conversation but is also debating in the open conversation but we are more than open to more collaboration and not just with our industry peers but scholars, academics and our government partners. >> thank you. miss enberg mac. >> we work closely with one person and continue to do that
dorsey.your in his ability to collaborate with other media companies in the space? >> we have a real openness to establish a more regular letter cadence with industry peers. we do believe that we have an opportunity to not only create more transparency with an eye towards workability but also a more open way of working. a way of working that, for instance, allows for a review. by the public on how you think about our policies but more so, taking the lessons that we have learned and...
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the difference between the quality of performance from sheryl sandberg and jack dorsey.ery polished. dorsey saying he, himself, was nervous and shy coming into this stock prices have reacted accordingly. what else could have led to this big sell-off >> reporter: i think definitely jack's honest take about how the rules at twitter are going to have to be -- if this were a house, he's painting it like a gut job, like they're going to have to go down to the very basics and rethink how these things are built what are the metrics you want to watch? is it important to have more followers? is that going to be the key thing that you sell to your users? the prospect of getting an audience i think it was those wide-ranging possibilities of range, tectonic shifts, as he put it, that might have some concerned. i will say that i thought personally going in the take was that sheryl sandberg, a much better interviewee would have an easier time today. i thought jack came off as more forthright and earnest than sandberg and that probably gave him mileage with lawmakers today. >> she has
the difference between the quality of performance from sheryl sandberg and jack dorsey.ery polished. dorsey saying he, himself, was nervous and shy coming into this stock prices have reacted accordingly. what else could have led to this big sell-off >> reporter: i think definitely jack's honest take about how the rules at twitter are going to have to be -- if this were a house, he's painting it like a gut job, like they're going to have to go down to the very basics and rethink how these...
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Sep 5, 2018
09/18
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b-minus makes total sense and jack dorsey did a fantastic job. they'll have to spend some money and because of that, we saw what happened with facebook and gene pointed it out as well, and i think that will impact people more when they see the actual numbers and what they're going to have to spendto actually do what they would like to do to clean this up? >> do they get an a for honesty? >> i think the delivery was great. i don't know if i would want to give them an a for that? >> i think in this particular case maybe it moved around that. >> still trying to figure out why you would not want an a minus. >> i would kill for an a minus >> i wish. >> one trader just made a $7 million rebound ahead of facebook our dan nathan is over at the mraz to break it down. >> it's not a $7 million back especially when it closed in a four-month highs and it was about one and a half average daily volume and there was this one trade that you talked about that stuck out to options traders. it was an opening buy in january 2020 expiration, that's 17 months from now
b-minus makes total sense and jack dorsey did a fantastic job. they'll have to spend some money and because of that, we saw what happened with facebook and gene pointed it out as well, and i think that will impact people more when they see the actual numbers and what they're going to have to spendto actually do what they would like to do to clean this up? >> do they get an a for honesty? >> i think the delivery was great. i don't know if i would want to give them an a for that?...
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Sep 21, 2018
09/18
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dorsey, for being here. i will say that twitter is in addition to everything else, it's a news source. it's how i learned of the death of osama bin laden years ago. it happened in real time late sunday night. the news shows are over and twitter provided the information. this morning, sitting in conference, not able to get to a television, one of my local television stations was attacked. twitter provided the real time information and updates. it's extremely useful. for that as a tool, i thank you. sometimes, though -- meghan mccain's husband complained a lot. it seemed like it took forever for that to come down. is there not some way people can -- i understand the i'll go algorithms. it shouldn't take hours for something that's egregious to be addressed. >> that was unacceptable. we do need to prioritize. we need to do two things. we can't place the burden on the victims. that means we need to build technology so that we are not waiting for reports. we're actively looking for instances. we do have reports. w
dorsey, for being here. i will say that twitter is in addition to everything else, it's a news source. it's how i learned of the death of osama bin laden years ago. it happened in real time late sunday night. the news shows are over and twitter provided the information. this morning, sitting in conference, not able to get to a television, one of my local television stations was attacked. twitter provided the real time information and updates. it's extremely useful. for that as a tool, i thank...
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house hearing with twitter ceo jack dorsey just got interrupted.uri representative billy long, tried to ininterrupt the interruptter. let's listen in. >> $50 down here. >> officer, escort this young lady out, please. >> 2 1/2 now. 85, 85, 90. one and a quarter. two and a quarter. 2 1/2, 300. melissa: liz: let me explain there is female protester. representative billy long of missouri who is actually an auctioneer, started auctioneering over her, so she couldn't be heard. this will be instant classic with bunch of peoples on twitter. we need to go back to washington, d.c. and president trump. >> with the people. i don't think they get recognized like they should. the job they have done. thank you to my good friend, speaker mcconnell, majority leader mccarthy, the most bravest person around, where is our guy, steve scalise. i saw you the other night on a very major program, good job, it was great. you have done a great job. and, senator cornyn, good job this morning. i was watching. senator coon thank you very much for being here. i want to thank dir
house hearing with twitter ceo jack dorsey just got interrupted.uri representative billy long, tried to ininterrupt the interruptter. let's listen in. >> $50 down here. >> officer, escort this young lady out, please. >> 2 1/2 now. 85, 85, 90. one and a quarter. two and a quarter. 2 1/2, 300. melissa: liz: let me explain there is female protester. representative billy long of missouri who is actually an auctioneer, started auctioneering over her, so she couldn't be heard. this...
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reporter: now, also at that hearing was jack dorsey.rs is is here from twitter at a hearing with the hearing with the house energy committee where he is being asked questions specifically whether twitter uses its platform to censor conservative political opinion but democrats on the committee are saying this is a kinard a big show for nothing. take a listen to an exchange between one congressman and mr. dorsey. >> just for the record, since you've been singled out as a social media platform before this committee, twitter undertook no behavior to selectively censor conservative republicans or conservative voices on your platform, is that correct? >> correct. >> good. so let the record reflect that. that is the whole reason supposedly we're here, because house leader kevin mccarthy wrote our chairman a letter and said, hey, this is going on and we think your committee should investigate it and it's a load of crap. reporter: just a quick correction. i referred to sheryl sandberg as ceo, co off, chief operating officer at facebook. back to
reporter: now, also at that hearing was jack dorsey.rs is is here from twitter at a hearing with the hearing with the house energy committee where he is being asked questions specifically whether twitter uses its platform to censor conservative political opinion but democrats on the committee are saying this is a kinard a big show for nothing. take a listen to an exchange between one congressman and mr. dorsey. >> just for the record, since you've been singled out as a social media...
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Sep 4, 2018
09/18
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BLOOMBERG
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what makes dorsey's appearance to friend?latform is completely different inside -- size and scope -- in size and scope. twitter talks about they do not have the resources twitter -- facebook has to stop. shira resources are certainly an issue. facebook does not have a resources problem. it's interesting that the representative talked about opening up algorithms to outside review which is an issue that has come up on the left side and right. i don't think something that any of the internet companies -- i do not think this is something any of the internet companies are pertinent to happening. this is a growing issue we see on facebook and google, but it is not the result of some neutral computers reacting to the ideas of billions of people. they are the result of our griffins created by human beings and human beings with all of their inherent biases. there are questions on what we that's what actually goes into the search results and doesn't andrd the most egregious strongly held opinions the matter how wrong they are or, what
what makes dorsey's appearance to friend?latform is completely different inside -- size and scope -- in size and scope. twitter talks about they do not have the resources twitter -- facebook has to stop. shira resources are certainly an issue. facebook does not have a resources problem. it's interesting that the representative talked about opening up algorithms to outside review which is an issue that has come up on the left side and right. i don't think something that any of the internet...
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Sep 6, 2018
09/18
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CNNW
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dorsey answer. congress member billy long using a previous job skills to drown out her voice. >> jack dorsey is trying to influence the election to sway the election. >> what did she say? i can't understand her. what? what? 15. 17. 30. $30 now. 35. 40. $40. $50. $50 down. >> officer, will you escort this young lady out? >> the room applauded after he was finished. the protester is laura loomer. she has been banned in the past from both platforms for violating user policies. >> let's bring in correspondent samuel burke. that was the most entertaining part of the hearings. what did we learn? >> you will not cut me off that way if i go too long? >> yes, i will. i will test out my auctioning
dorsey answer. congress member billy long using a previous job skills to drown out her voice. >> jack dorsey is trying to influence the election to sway the election. >> what did she say? i can't understand her. what? what? 15. 17. 30. $30 now. 35. 40. $40. $50. $50 down. >> officer, will you escort this young lady out? >> the room applauded after he was finished. the protester is laura loomer. she has been banned in the past from both platforms for violating user...
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Sep 5, 2018
09/18
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dorsey? jack: yes, we agree. as we are building a digital public square, we do believe thatexpectations to follow and a default to freedom of expression and opinion. we need to understand when that default interferes with other fundamental human rights such as physical security or privacy. and the adverse impact on the fundamental human rights. i do believe that context matters in this case. suppression, 2016, it was tweeted out and we are happy to say organically the number of impressions that were calling it out as fake were eight times the reach of the original tweet. not to say we should rely on that but asking the question -- how we make that more possible and how we do it as a velocity is the right one to ask. sen. king: thank you both. if you have further thoughts as you are flying home, technical ways to increase information available to your users through , pleasetings, stars share them with us and we look forward to working with you on this problem that is important to our country. thank you very much.
dorsey? jack: yes, we agree. as we are building a digital public square, we do believe thatexpectations to follow and a default to freedom of expression and opinion. we need to understand when that default interferes with other fundamental human rights such as physical security or privacy. and the adverse impact on the fundamental human rights. i do believe that context matters in this case. suppression, 2016, it was tweeted out and we are happy to say organically the number of impressions that...
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Sep 5, 2018
09/18
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jack dorsey will be there on the topic of bias in twitter's content monitoring dorsey is saying twitteruse political ideology to make any decisions now, google will be noticeably act. they invited alphabet ceo larry page and rejected google's offer to send its top legal and policy exec, kent walker. back to you. >> thank you, julia. stick around, joining us congressm maman peter welch and congressman bill johnson both serve on the energy and commerce committees good morning to both of you. >> good morning. >> senator welch, do you think when you look at twitter right now that there is a political bias to the way they have approached things? >> well, it's a fair question. the bottom line here is that whether that's raised by democrats or president trump, you do need an answer to it. are the algorithms favoring one side versus the other. the bottom line here is that twitter and these huge operations like facebook have to do a lot more, be transparent, be protective of what does go on and keep hate speech off it. congress hasn't stepped up we essentially have a regulatory system that was d
jack dorsey will be there on the topic of bias in twitter's content monitoring dorsey is saying twitteruse political ideology to make any decisions now, google will be noticeably act. they invited alphabet ceo larry page and rejected google's offer to send its top legal and policy exec, kent walker. back to you. >> thank you, julia. stick around, joining us congressm maman peter welch and congressman bill johnson both serve on the energy and commerce committees good morning to both of...
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Sep 9, 2018
09/18
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jack dorsey has really kept his cool through all of this.his was his first time testifying and it was quite impressive how he was able to methodically and in his own way responded to all of the lawmakers questions. emily: dorsey was perhaps more contrite than investors would have wanted him to be. we saw twitter shares fall, facebook shares fall as well. what did you make of what we heard from both dorsey and sandberg? was there any new information here? laura: there really was not much new information here. i think what we heard from them was a recognition that there is a problem, a recognition that they have an obligation to do something about it, but extremely short on specifics in terms of what that actually means. i agree with senator warner's assessment that we are hearing more in terms of a willingness to cooperate, potentially with government, in terms of tackling this problem. one of the things that the members asked about was information sharing across the platforms with one another. this is a problem that is not confined to one pl
jack dorsey has really kept his cool through all of this.his was his first time testifying and it was quite impressive how he was able to methodically and in his own way responded to all of the lawmakers questions. emily: dorsey was perhaps more contrite than investors would have wanted him to be. we saw twitter shares fall, facebook shares fall as well. what did you make of what we heard from both dorsey and sandberg? was there any new information here? laura: there really was not much new...
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Sep 5, 2018
09/18
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it was critical of jack dorsey for not being published.t is frightening to appear before congress. what else did we hear? contrite.sey was very what is striking about his testimony is he said we are still not prepared. resourcesave the compared to facebook. he also talked about the way the company was designed, the product built 12 years ago may not be the way they want twitter to operate today, and investors don't know how to interpret that. his frankness was perhaps refreshing for some, who are so used to these scripted statements from the tech leaders. sheryl sandberg was contrite but talked a lot about what facebook has done about this, what they are planning. take a listen. behaviorg inauthentic is a challenge, and you're seeing is put real resources to bear. we are investing in people and technology. ins is why we are investing programs like verification. the other step is around transparency. that said, we did not hear a lot about what was new. we are hearing both of them rehash a lot of what was said over the last week and month. i
it was critical of jack dorsey for not being published.t is frightening to appear before congress. what else did we hear? contrite.sey was very what is striking about his testimony is he said we are still not prepared. resourcesave the compared to facebook. he also talked about the way the company was designed, the product built 12 years ago may not be the way they want twitter to operate today, and investors don't know how to interpret that. his frankness was perhaps refreshing for some, who...
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Sep 6, 2018
09/18
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she was joined by the ceo of twitter, jack dorsey. jack then travel to the other side of capitol hill to the house for the energy and commerce committee where he testified so low on the idea that twitter may be biased. host: what is the significance that you had the ceos of these platforms to talk about these issues? guest: it has been a long time coming. the companies are in the spotlight for they didn't do enough in the election by russia. in their own definition they were slow to take action in that. a lot of their testimony was acknowledging they were slow to act. so it is significant to have them with push and pull. jack dorsey's first testimony and he has been the ceo for quite some time. so to have him up there answering questions was significant. google was also invited. the decline to send a representative. which lawmakers did not enjoy. host: what did they resolve to do because of that? is a rolling process by their own admission. one of the things they have done is to hire humans and work on technology to determine fraudule
she was joined by the ceo of twitter, jack dorsey. jack then travel to the other side of capitol hill to the house for the energy and commerce committee where he testified so low on the idea that twitter may be biased. host: what is the significance that you had the ceos of these platforms to talk about these issues? guest: it has been a long time coming. the companies are in the spotlight for they didn't do enough in the election by russia. in their own definition they were slow to take action...
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Sep 4, 2018
09/18
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jack dorsey tweeting out friday afternoon that he's heading east to these hearings., quote, we acknowledge our responsibility and commit to greater accountability i plan to share our learnings and the proactive measures we're taking we'll listen, learn and engage in any practical ideas we hear on how to improve together looking forward to the conversation the senate intel committee also invited alphabet ceo larry page but as of now he's not scheduled to attend. the committee rejected google's offer to send its svp jen walker this came after orrin hatch asked the ftc to probe google's anti-competitive conduct and president trump tweeted that google search is biased against conservatives. he also said the influence of the likes of amazon, facebook and google raises antitrust concerns following this hearing, jack dorsey will head to a second hearing for the house energy and commerce committee that one will address whether there's bias in twitter's monitoring of content. dorsey tweeting about that, that he will show the company's quote, commitment to impartiality, and im
jack dorsey tweeting out friday afternoon that he's heading east to these hearings., quote, we acknowledge our responsibility and commit to greater accountability i plan to share our learnings and the proactive measures we're taking we'll listen, learn and engage in any practical ideas we hear on how to improve together looking forward to the conversation the senate intel committee also invited alphabet ceo larry page but as of now he's not scheduled to attend. the committee rejected google's...
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Sep 5, 2018
09/18
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jack dorsey is still taking questions.or more on the marathon, sarah frier joined is not -- joins us now. knocked theo have stock prices in particular is regulation being discussed, particularly the first senator conversation happening at the intelligence committee. sarah: jack dorsey has come out and said i understand these problems are large and understand i have not done enough. i'm willing to reevaluate the business model for twitter. he is really giving concessions, and at the same time, he doesn't seem to know exactly what twitter needs to do to get better. he's talking about taking public commentary to get feedback on the rules, sharing tips with -- whenmpanies, whether he asked if he could tell the difference between a bought and human accounts, he said it is very difficult for twitter to tell. uncertainty coupled with regulation, if twitter does not know what it needs to fix, how will the government know, that is why you see the stock falling today. companies would prefer to clean themselves up rather than have th
jack dorsey is still taking questions.or more on the marathon, sarah frier joined is not -- joins us now. knocked theo have stock prices in particular is regulation being discussed, particularly the first senator conversation happening at the intelligence committee. sarah: jack dorsey has come out and said i understand these problems are large and understand i have not done enough. i'm willing to reevaluate the business model for twitter. he is really giving concessions, and at the same time,...
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dorsey. google did not show up. google declined the invitation. jack dorsey was talking about the issue of trying to keep the platform. i know people hate his phrase, but i'm going to it's, a safe place for an exchange ideas and to keep russians out. >> we are proud of how that free and open exchange has been weaponnized and used to distract and divide people and pour nation. we found ourselves unprepared and ill equipped for the immensity of the problems we acknowledged. reporter: facebook talking about the immensity of what they have done since the 2016 election to kick off fake accounts. they say they have to make it easier for people who use facebook to know who they are dealing with. this is what sheryl sandberg had to say. >> the threat we face is not new. america has always confronted attacks from determined opponents who want to undermine our democracy. what is new is the tactics they are using. to stay ahead we all need to work together. everyone here today knows this an arms race. reporter: there was a hearing on the house side specifica
dorsey. google did not show up. google declined the invitation. jack dorsey was talking about the issue of trying to keep the platform. i know people hate his phrase, but i'm going to it's, a safe place for an exchange ideas and to keep russians out. >> we are proud of how that free and open exchange has been weaponnized and used to distract and divide people and pour nation. we found ourselves unprepared and ill equipped for the immensity of the problems we acknowledged. reporter:...
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Sep 5, 2018
09/18
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jack dorsey said we are working with everyone and not competing. do you think they assured the senators that they are sharing information they need to? >> when it comes to sharing information, yes, but jack dorsey asked for more help from having a point of contact they can consistently go to for twitter to court and eight on their efforts. -- coordinate on their efforts. they are hoping to invest more. twitter has not invested as much as also permission. -- false information. they do not know whether a tweet is coming from a bot or a human. they need a lot in technology to make sure things will work any future and they may have to reconsider the fundamentals of the business going forward. david: they called -- is there any indication they will call members of the executive branch to address something you refer to, what is the executive branch doing to quarterback efforts the government is doing what it can? will it ask the government in? >> they seem to have concluded their investigation into this from the tech hearing side. the executive branch, w
jack dorsey said we are working with everyone and not competing. do you think they assured the senators that they are sharing information they need to? >> when it comes to sharing information, yes, but jack dorsey asked for more help from having a point of contact they can consistently go to for twitter to court and eight on their efforts. -- coordinate on their efforts. they are hoping to invest more. twitter has not invested as much as also permission. -- false information. they do not...
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Sep 5, 2018
09/18
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meanwhile, twitter‘s chief executive, jack dorsey, is likely to address concerns over censorship.ys that twitter does not use political ideology to make decisions in terms of how content is ranked on the site. but what about the other big player in all of this, google? the committee also invited google to take part, but instead of sending along larry page, the firm has decided to supply a written testimony to the hearing. this is expected to be the most anticipated hearing on technology since april when facebook‘s chief executive, mark zuckerberg, testified before two congressional committees. here he is arguing that social media firms need to take more responsibility for what happens on their sites. but it's clear now that we didn't do enough to prevent these tools from being used for harm as well and that goes forfake being used for harm as well and that goes for fake news, being used for harm as well and that goes forfake news, foreign interference in elections and hate speech, as well as developers and data privacy. we didn't take a broad enough view of our responsibility, and
meanwhile, twitter‘s chief executive, jack dorsey, is likely to address concerns over censorship.ys that twitter does not use political ideology to make decisions in terms of how content is ranked on the site. but what about the other big player in all of this, google? the committee also invited google to take part, but instead of sending along larry page, the firm has decided to supply a written testimony to the hearing. this is expected to be the most anticipated hearing on technology since...
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Sep 9, 2018
09/18
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they have both kind of admitted that, especially dorsey.e does not have the resources of facebook, which is hiring 20,000 people to work on security. dorsey cap is saying, we need to catch abuse, but he got kind of embarrassed by lawmakers who were able to pull tweets be real-time showing people trying to sell cocaine and other drugs on his service. he had to do a lot of apologizing. it is going to be hard for twitter to scale up some of their solutions. twitter stock took a hit. jack dorsey was talking about massive shifts in how twitter operates. but he did not really get into too much detail as to how this was going to work. jason: we have to ask you about the drama at the other end of pennsylvania avenue. bob woodward's book week earlier in the week. there was an anonymous op-ed in the "new york times." what effect has this had on the white house? steven: the hits keep on coming for president trump, whether it be the omarosa book, the john mccain week, all of his colleagues laying subtle and not-so-subtle attacks on the president, than
they have both kind of admitted that, especially dorsey.e does not have the resources of facebook, which is hiring 20,000 people to work on security. dorsey cap is saying, we need to catch abuse, but he got kind of embarrassed by lawmakers who were able to pull tweets be real-time showing people trying to sell cocaine and other drugs on his service. he had to do a lot of apologizing. it is going to be hard for twitter to scale up some of their solutions. twitter stock took a hit. jack dorsey...
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Sep 6, 2018
09/18
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BLOOMBERG
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dorsey had to say. twitter really got hit a lot worse. >> what is fascinating is jack dorsey got praise by his candor. they were impressed how he did not see like a ceo. he was more franken forthcoming. that is not what investors want to see. to see twitter continue revenue gains. alix: when we are dealing with a fragile now global growth is hurt, but tech is doing well. if that deteriorates, we are in for a different world. >> i am not sure how far tech will deteriorate. it is so embedded in everything we do, despite the pullbacks. investors will look at what he said as a progressive action to get things done down the line. there aren't that many alternatives. alix: also true. you saw what happened to facebook when they said we are taking action. stock got stressed as well. it is a no-win, no wind right now. >> i think they were not clear about the extent of the changes that would have to be made to their business model. having these capitol hill hearings where you have to answer these questions and co
dorsey had to say. twitter really got hit a lot worse. >> what is fascinating is jack dorsey got praise by his candor. they were impressed how he did not see like a ceo. he was more franken forthcoming. that is not what investors want to see. to see twitter continue revenue gains. alix: when we are dealing with a fragile now global growth is hurt, but tech is doing well. if that deteriorates, we are in for a different world. >> i am not sure how far tech will deteriorate. it is so...