to become the next cambridge analytica?ry this knowledge, this know-how exists, it's out there. >> yeah. >> we can't contain that, right? that's not -- that part's not proprietary. >> well, i think, you know, something else that i talk about in the book is more broadly, you know, why isn't it that we -- you know, why do we not have, you know, rules for safety and consumer protection when it comes to technology -- >> yeah, why don't we? >> -- software. it's a good question. you should ask mark zuckerberg that. >> we don't have high-level stuff, don't have antitrust rules. >> the united states is, i believe, the only oecd country without a trail or national-level privacy law, and, you know, i think there's a lot of clues in the language that, you know, facebook and other big tech companies, you know, use when they talk about who works there, engineers, architects, right? these aren't services. these are architectures that they're building that people live in. >> uh-huh. >> our lives are lived online. and when you think about,

but before then, there was cambridge analytica.s is bloomberg. ♪ taylor: when bob grice l took the reins of nasdaq in 2003, he knew he had his work cut out for him, as did the board. he got off to a running start and made key personnel changes, trimmed costs, and landed big deals. in the process, he made nasdaq into a very different institution. thursday, he spoke to david westin about his new book, "market mover." bob: the most important move we made was to buy inet, we got the best technology on the street. a lot of the high-frequency firms use some version of inet today. we gained market share. when i think about the 47 acquisitions we did, the only one we had to do independent the price was inet, we were institutional risk. we were losing market share and money every day and we didn't have any technology on the shelf that had proven great faith. the rest of the acquisitions were optional and we were using that to build upon further strength. david: then 2008 happened. stress on everybody, including you to clear the trades comin

the firm called cambridge analytica. >> facebook has banned cambridge analytica, a firm that ran the trump administration's data operations after reports the firm accessed the private information of more than 50 million users without permission. >> enabling the cynical manipulation of american citizens for the purpose of influencing an election is deeply offensive. >> in the long line of bad news for facebook, one strike was against a whistle-blower from cambridge analytica who said his firm was using user data that people were not giving their explicit consent to share and using the information to create profiles to, among other things, help get donald trump elected president. since then, it feels like every week brings a new story about the insane lack of privacy and for-sale nature of facebook. while cambridge analytica closed down operations after the scandal, executives founded their own data firms. christopher wily has a new book out tomorrow called "mind eff" good to have you here. let's start with what it was, this moment of conscious, what did you see that made you want to g

hristopher wylie from the cambridge analytica scandal joins me.igh-level trade talks picked up this week in washington after tapering off in july with no clear breakthroughs. china's vice premier was greeted by treasury secretary steven mnuchin and trade representative robert lighthizer before talks resumed thursday. the stakes were extremely high as president donald trump threatened to raise tariffs on $215 billion worth of chinese goods on october 15 if there was no progress. the technology sector paying close attention to those sessions as intellectual property is playing a prominent role in the negotiations. i spoke to someone from a firm who helps u.s. firms protect intellectual property. eric: it is a fairly large company in china, just saw $100 million in revenue that files and protects intellectual property for clients that have previously mostly been in china and is now expanding into the u.s. that's what we are doing here based out of boston. taylor: what kind of ip theft language do you need to see to get a deal? eric: regardless of the

this was what cambridge analytica was able to procure in a couple months.ook at what amazon and facebook have on you, it's a lot more than a lot of people realize. you travel around with a tracking device on your phone. if you're able to access that, you can access a lot of information about people. >> how distinct was what cambridge analytica, which has since shut down, it's unclear facebook knew or didn't know about, how distinct or unique was what they were doing compared to other firms in the same space? >> i think they, you know, pushed a lot of ethical boundaries. that was in large part steve bannon's doing. a typical campaign doesn't set ut to identify people who are more prone to paranoid ideation. this is what this firm did. if you look at the alt-right, the alt-right is a movement based on conspiratorial and paranoid ideation, people who don't think in a normal way. that is not a normal aspect of campaigning. secondly, you know, this is a company that was engaging with all kinds of things people with, you know, who were working in russia, who were

but before then, there was cambridge analytica.s is bloomberg. ♪ taylor: when bob grice l took he reins of nasdaq in 2003, knew he had his work cut out for him, as did the board. he got off to a running start and made key personnel changes, trimmed costs, and landed big deals. in the process, he made nasdaq into a very different institution. thursday, he spoke to david westin about his new book, market mover. the most important move we made was to buy inet, we got the best technology on the street. a lot of the high-frequency firms use some version of inet today. we gained market share. when i think about the 47 acquisitions we did, the only one we had to do independent the price was inet, we were institutional risk. we were using mark -- losing market share and money every day and we didn't have any technology on the shelf that had proven great faith. the rest of the acquisitions were optional and we were using that to build upon further strength. david: then 2008 happened. stress on everybody, including you to clear the trades co

what happens if north korea becomes the next camp agenda litter ca -- cambridge analytica?rently, there are no rules. we are entrusting our data to private companies, and i don't think that is a good idea. taylor: i wonder if you think the current regulation and current lawmakers are doing a good enough job handling the problem that you described. >> one of the things going to congress i realized was the power of lobbyists, particularly to define narratives. one of the questions i would always get at congress is -- can the law ever keep up with technology? i would say we regulate nuclear power plants. we regulate airplanes. we regulate medicine safety standards. there's all kinds of technologies we regulate in the name of consumer safety. just because somebody uses software or is on the internet does not mean that we cannot create rules that require companies to consider if the products they are putting out into the public will be safe for people to use. the united states is one of the only oecd countries -- i think the only oecd country that does not have a national privac

>> cambridge analytica and christopher riley.predict the connected tv company will triple its user base by 202. we'll hear from that analyst next. and later, consolidation in the delivery business. we'll hear from the delivery hero c.e.o. the company is a major player in europe. this is bloomberg. ♪ >> roku had its best day in two months on wednesday after researchers upgraded. it's the first such move by an analyst since the sharp recent declines in the shares of the video streaming platform to. discuss the move i spoke with tim of the company on thursday. >> there is plenty of competition and we highlight that pretty thoroughly i think in our note. the stock had come down from 175 or so to about a hundred so that was kind of an opportune moment for us but essentially it's partly the international expansion that we talk about in our report. going from almost zero to some large number internationally and we think they can get to approximately their size internationally that they are in the u.s. now with within about three years.

but cambridge analytica and the plot to break america. chris, thanks. >> cheers, thank you. >>> coming up later, twitter saying some user data may have been employed, quote, unintentionally for advertising purposes could regulators intentionally use this more closely to scrutinize the company as we go to break, meantime taking a look at the top names on the dow with the stocks rebounding after yesterday's sell-off, american express, vees visa and microsoft leading the gains. >>> juul hit a $38 billion valuation just last year but pressure from health officials continues to cut that number down frank holland joins us with more. >> despite recent health concerns and regulatory headwinds, vaping is projected to be a $9 billion industry by the end of 2019. juul with 72% of the market and generating $4.6 billion over the past year will face its biggest potential risk coming up in may. juul must submit to the fda an application in order to remain on the market. as part of that application they have to provide scientific data to demonstrate that

cambridge analytica was founded by billionaire robert mercer.rump's former adviser steve bannon of breitbart news was one of the company's key strategists. wylie said he left the company due to efforts to disengage voters and target african americans. this is s chris wylie. topayment analytica sought identify mental vulnerabilities and votersrs and work to exploit them by targeting information designed to activate some of the worst characteristics in people suchch as neuroticism, pararano, and raracial biases. the work of cambridge analytica is not eququivalent t to traditl marketing. they specialized in disinformation, spreading rumors, propaganda. amy: t that is cambrididge anala whistleblower chris wylie testifying before the senate judiciary committee. you can talk, if abouout the whole explosive -- e whole expose of camber to analytica and its relationship with facebook and how zuckerberg dealt with it. >> the thing to understand is cambridge analytica was in the political psychological operations business. they were willing to sell their s

what year and month that you personally first become aware of cambridge analytica? sure of the exact time, but it was probably around the time when it became public. i think it was around march of 2018. >> when did sheryl sanandberg becocome awaware of cambridge analytica?a? >> i don't know off the top of my head. >> and did anyone on your leadership team know about cambridge analytica prior to the initial report by the guardian on december 11, 2015? so.ongresswoman, i believe some folks were tracking it internally. as you are asking this, i do think i was aware of cambridge analytica as an entity earlier, i don't know if i was tracking how they were u using facebook specifically. >> when was the issue discussed with your board member peter thiel? >> congresswoman, i don't know. >> this is the largest data scandal with respect to your company that had catastrophic impact on the 2016 election. you don't know? >> well, i'm sure we discussed it after we were aware of what happened. >> you announced recently the official policy of facebook now allows politicians to pay

pay a five hundred thousand pound fine imposed by the uk's data protection office over the cambridge analytica data scandal you can watch dog had concluded the facebook unfairly expose user data to app developers without user consentt some of the data madee its way to the political consulting firm cambridge analytica which used it to help target ads for donald trump's presidential campaign. i agreement contains it know it shin of liability by facebook. and finally for business the us china trade dispute is now even affecting harry potter. blooms bury the company which publishes jk rowling's blockbuster series of young adult novels. it's been hit by terrorists on books that it prints in china. 15% levy came into force on september first affecting around fifty tititles the blueberry prints in china and cells in the u. s. companies as oaks the pricece increases won't affect. full year resulults perhaps time to ask. donald trump at long last sir have you no sense of wizardry. thomas had credit i haven't read any hardware side i'm going to be there on the- last time i saw a movie once my wife made

we need to know who in facebook's leadership knew about cambridge analytica and we need to know whethery decided to do nothing while the 2016 were being manipulated and ferf they're deciding to do nothing again. if that's the case they're not the innocent bystanders they say that they are. they may be active participants. we don't know. for that we have to get to the bottom of this. we need to understand what role they are deciding to play, especially given the light of the fact that they are going to take money to public disinformation ads from political campaigns. broadcasters are held to a much higher standard. while they cannot discriminate on what kind of advertisements they run, there is a base level of fact checking that must go on. and so for this, in order for him to go far below that standard raises very serious questions about the integrity of the information that people are receivin receiving. >> would facebook make enough mopey to survive if they don't have that income? >> that's an excellent question. full disclosure, i am a candidate that runs facebook ads. but even given

lay it out for us when they exposed the cambridge analytica scandal it was supposed to be using data knowledge set you friend's d.o.t. rowe data without knowing it how could it happen again. >> right now lerngts are putting pressure on facebook because they have to answer for everything from how they allowed user data to be exploited by not just companies like cambridge analytic eu but even foreign actors last night mark zuckerberg was trying to answer how he would stop foreign actors from interveeng in the dynamic but he famed to answer that the facebook is the biggest threat to our facebook and not just foreign actors >> why do you say that. >> specifically because it was only two weeks ago that mark zuckerberg decided that facebook is not going to censer politicians spreading disinformation weaponizing racial hatred and using voter suppression tactics. >> in terms of what you were involved with in your time at cambridge analytic eu, facebook's involvement with that was what, a little bit of ignorance as opposed to knowing wrong doing versus what you guys were doing at cambridge an

i could be wrong. >> when did sheryl sandberg become aware of cambridge analytica? >> i don't know off the top of my head. >> that anyone on your readership team know about cambridge analytica prior to the report by the guardian? >> congresswoman, i believe so. some folks were tracking it internally. as you are asking this, i do think i was aware of cambridge analytica as an entity but don't know if i was tracking how they were using facebook. >> when was the issue discussed with your board member peter teal? >> i don't know that. >> this is the largest data scandal with respect your company that had catastrophic impact on the 2016 election and you don't know? >> we discussed it after we were aware what happened. >> you announced the official policy of facebook now allows politicians to pay the system for information. in 2020 elections and in the future. i just want to know how far i can push this in the next year. under your policy could i pay to target primarily black zip codes and an incorrect election date? >> know you couldn't. even for the policies around the

you can't mention facebook without the cambridge analytica scandal of 2018. hear -- we hear from an essential figure in that period. tesla owners are talking in part to a bloomberg expansive study, thousands of model three owners. we examine whether parts and to parts.re up twitter announces it will stop all political as on their platform, with the ceo saying it is not about free speech, it is about paying for reach. the sentiment was not echoed by facebook. they reported earnings and reassured their stance when it comes to political ads. brandcebook ceo stayed on during the earnings call. >> i expect this will be a very tough year. we try to do what we think is right, but we will not get everything right. this is complex stuff. anyone who says the answers are simple has knocked out long enough about -- has not thought long enough about the nuances and challenges. i get that some people are going to disagree with our decisions and think they may have a negative impact on things they really care about. but i don't think anyone can say that we are not doing wha

privacy, data, cambridge analytica, the election.d of the house antitrust commission told me that when cambridge analytica came on, he knew he had to do something. >> and netflix get some serious competition in the new year. kailey: apple smart glasses could make 2020 the year of ar. this is "bloomberg businessweek." ♪ carol: welcome back to "bloomberg businessweek." kailey: join us every day on the radio starting at 2 p.m. wall street time. you can also catch up on our daily show by listening to our podcast. carol: and you can find us online and on our mobile app. back to our special issue. the year ahead. in the next 12 months, four new streaming services are coming online. it is the talk of hollywood and wall street, the streaming wars. a battle that pits the biggest names in entertainment. in the next 12 months, for -- four streaming services will debut. disney plus, apple tv plus, comcast peacock, and hbo max. for years, the impact of netflix on cable tv was downplayed. now, they appear to be going after the largest paid streami

the privacy problems, the data problems, cambridge analytica, the election.ead of the house antitrust commission told me that when cambridge analytica came on, he said, you know, i am in a position to do something. i have to do something. kailey: still carol: ahead, we get some serious competition in the new year. kailey: plus apple smart glasses , could make 2020 the year of ar. this is "bloomberg businessweek." ♪ carol: welcome back to "bloomberg businessweek." i'm carol massar. kailey: and i'm kailey leinz. join bloomberg businessweek every day on the radio starting at 2:00 p.m. wall street time. you can also catch up on our daily show by listening to our podcast on apple podcasts, soundcloud, and bloomberg.com. carol: and you can find us online at businessweek.com and on our mobile app. back to our special issue, the year ahead, in the next 12 months, four new streaming services are coming online. here is businessweek's explainer on the upcoming streaming wars. -- it is the talk of hollywood and wall street. the streaming wars. a battle that pits the bigg

the privacy problems data, , cambridge analytica, the election. the house antitrust told mettee specifically he had been thinking about these issues, but when cambridge analytica came on, the lightbulb came on and he knew he had to do something. kailey: and netflix get some serious competition in the new year. kailey: apple smart glasses could make 2020 the year of a.r. this is "bloomberg businessweek." ♪ carol: welcome back to "bloomberg businessweek." i am carol massar. kailey: i am kailey leinz. join us every day on the radio starting at 2:00 p.m. wall street time. you can also catch up on our daily show by listening to our podcast at apple podcast, soundcloud and bloomberg. carol: and you can find us online and on our mobile app. back to our special issue. the year ahead. in the next 12 months, four new streaming services are coming online. here is this week's businessweek explainer on the upcoming streaming war. it is the talk of hollywood and wall street, the streaming wars. a battle that pits the biggest names in entertainment. in the next

after a series of scandals like cambridge analytica, he addressed the elephant in the room. >> i get that i'm not the ideal messenger for this right now. i'm sure there are people who wish it was anyone but facebook helping to propose says. >> reporter: facebook is working with the libra association. some lawmakers have their doubts. >> you are trying to help those for whom the dollar is not a good currency. >> facebook doing this frankly i do not trust it and i don't believe the american people trusted. >> the assistant professor of economics at san jose state says he's concerned like major players have pulled out of the project. >> that does suggest these other big players leaving the regulatory pressures and political pressures are outweighing the benefits. >> reporter: this engineering professor says someone from the u.s. needs to take the lead on developing a global currency. >> it is something the united states should lead. >> reporter: while they had mark zuckerberg in the hot seat, he was lectured about everything else. >> russia, brexit, facebook has been at the scene of the

when did facebook coo sheryl sand berg become aware of cambridge analytica?now off the top -- >> did anyone on your leadership team know about it prior to the report by "the guardian." >> congresswoman, i believe so, and some folks were -- [inaudible] internally. actually, as you're asking this, i do think i was awar of cambridge analytical, i don't know if i was tracking how you were using facebook specifically. >> when was the issue discussed with your board member, peter thiel? >> congresswoman, i don't know that off the top --? >> you don't know? this is the largest data scandal within with respect to your company that had catastrophic impacts on the -- you don't know? >> congresswoman, we discussed it after we were aware of what happened. >> okay. you announced recently that the official policy of facebook now allows politicians to pay to spread disinformation. in 2020 elections and in the future. so i just want to know how far i can push this in the next year. under your policy, you know, using sensitive data as well, could i pay to target predominantly

this will be zuckerberg's first time on capitol hill since testifying on the cambridge analytica scandal last year. today's hearing on facebook's influence is expected to begin at 7:00 our time. zuckerberg will be the only witness. in prepared remarks the ceo is expected to say facook will not launch its own digital currency, libra, anywhere in the world without u.s. government approv approv ngress is concerned about loo libra's impact. >>> democrats are calling this the most damaging testimony yesterday in the impeachment inquiry. the top u.s. diplomat in ukraine told congress he thought it was crazy to hold aid to ukraine until officials investigated the biden family and the 2016 election. ines de la cuetara has the details. >> reporter: good morning. bill taylor testifying under subpoena that the order to withhold military aid to ukraine came directly from the president and that in exchange the ukrainian leader would have to agree publicly to investigate the president's political opponents. overnight vice president pence insisting there was no quid pro quo when president trump asked t

the blessing of house lawmakers after a series of major privacy and data breach scandals like cambridge analyticaerg address the elephant in the room.>> i get that. i'm not the ideal messenger for this. i'm sure there are people who wish it were anyone but facebook or proposing it. >> facebook knowing it can't do it alone is a group of 20 partners that lawmakers do have doubts about. >> sending money should be as easy as secure as sending a message. >> you are trying to help those who a dollar is not a good currency. drug dealers and text evaders. >>> the oakland a's are trying to make a new pitch to the city of oakland. kpix 5 emily turner on how the team is trying to sweeten the deal for new ballpark.>> reporter: the steal for the current location is all about getting them here to that new location. the problem is not everyone sees a tonight. the a's have offered to buy out both the city and the counties half of the 112 acre oakland coliseum site. the county and city would each get $85 million for the land. the team would give the city assurances development would include affordable housing and

last april he was grilled about the cambridge analytica privacy scand scandal. >>> mark parker, nike'sill step aside in february as nike's business is posting strong sales but the brand faced a number of prcrises. last year he apologized for allowing a toxic corporate culture that excluded some staff and failed to take workplace complaints seriously. most recently nike's top running coach was banned amid doping allegations. so stepping into quite the job there, guys. i'll send it back to you. >> no kidding. thanks so much. >>> coming up here on "today in the bay," 4:42 for you right now. nbc bay area is issuing a microclimate weather alert due to a red flag warning and high fire danger. meteorologist kari hall tracking all of that for us. >> we'll look at our wind speed forecast. it's also going to be very warm today, starting out with some mild temperatures, leading into some upper 70s by 11:00. we'll see how hot it gets and a time line of those winds, coming up next. >> we're looking at oakland, 880 moves smooth. the flashing lights say garbage truck on surface streets. >>> first "nb

this lawyer, who successfully brought a case against cambridge analytica, says it is about power as much the customer is normally an advertiser that takes your personal information. it's about you having a say and some control over how that information gets used. surveillance capitalists take your private human experience, they turn it into behavioural data, they package it as predictions of what you will do now, soon and later, and they sell that to business customers who have a very serious commercial interest in knowing about what you're going to do in the future. in a world in which data is the most powerful commodity, the question of who owns and controls our data needs to be given much deeper thought. at the moment, a few — mostly californian — companies are setting the terms of the debate. amol rajan, bbc news. with all the sport now, here's karthi gna nasegaram at the bbc sport centre. good evening. the olympic marathon champion, eliud kipchoge, has become the first athlete to run a marathon in under two hours. the kenyan beat that mark by 20 seconds in vienna, but it won't be kn

this lawyer, who successfully brought a case against cambridge analytica, says it is about power as muchost of these companies, you, the user, are not the customer. the customer is normally an advertiser that takes your personal information. it's about you having a say and some control over how that information gets used. surveillance capitalists take your private human experience, they turn it into behavioural data, they package it as predictions of what you will do now, soon and later, and they sell that to business customers who have a very serious commercial interest in knowing about what you're going to do in the future. in a world in which data is the most powerful commodity, the question of who owns and controls our data needs to be given much deeper thought. at the moment, a few — mostly californian — companies are setting the terms of the debate. amol rajan, bbc news. a team of international scientists has discovered a surprising link between the speed of our walking, and how fast our brains and bodies are ageing. in a study of 1,000 people in their 40s in new zealand, researche

you can't mention facebook without the cambridge analytica scandal of 2018. we we

as a result of the cambridge analytica scandal, messages could be placed online with no information asecome increasingly easy for campaigns to use micro—targetted messages to use prejudices of certain individuals that the wider electorate won't be aware of. two former mps dismissed fears that the winter weather might put off voters. it is not the weather or the time of year that is important. it is whether people feel that their votes are going to be important, and valued, and matter. and the great performing liberal with the government of lord grey was indeed elected on the 10th of december 1832, so there is a good precedent. i was first elected for plaid cymru in the last midwinter election we had in february 197a. yes, it was dark. yes, it was wet. and yes it was very, very cold. but when the good people saw dozens of young people committed to a cause knocking three or even four times on their doors, they realised how much it meant to those young people and they swung to our cause. mps have been told that smart metres will one day enter a "star trek phase" where consumers could save

facebook has agreed to pay a £500,000 fine in the uk for its role in the cambridge analytica scandal.e by an app which was hosted on the site. the data protection watchdog, which imposed the maximum fine allowed, said facebook hadn't done enough to protect its users' data. facebook has denied liability. he's had one of the standout performances of england's rugby world cup campaign, but rugby hasn't always been kyle sinckler‘s passion. known as the "bad boy" of the sport, he went to a school that didn't teach rugby and grew up playing football, until he was told he was "too physical" for it. now he's just three days away from playing in the rugby world cup final against south africa. natalie pirks reports. he is england's battering ram, the hard—hitting prop dubbed the tooting train, whose speed and force had made him a standout star injapan. but kyle sinckler‘s route to the world cup final has been far from conventional. he was always full on, almost like, give the ball to kyle! nigel coached him here at battersea ironsides from the age of eight. for a sport rooted in public school p

since the cambridge analytica scandal with facebook and many other breaches of data, all sorts of companiesish airways, you know... google. .. using it to british airways, you know... google... using it to nudge people into behavioural patterns that they wouldn't otherwise. we are always worrying about what is happening with our data and if companies are using it well. we always say yes to cookies, which gives them a whole load of data without us reading the terms and conditions. a lot of organisations now have complete transparency into yourjourney with them, maybe from two years before you purchase from them to your interactions with their website, through opening up an emailfor example. they suddenly have that information about who you are. organisations definitely have a duty to make sure they are only storing the information they have said they are going to store, and only use it appropriately, in the way they said they would use it. often consumers are giving this information and it is historically being sold, to the extent that people are getting called and spammed a lot. we will lea

finding everybody.or if you look at a series of open record requests that we got here focused on cambridge analyticaou aggressive lawyering. they are talking about violations of the eighth amendment and 14th amendment, due process, those sorts of things. you also see very slowly but surely, defenders in various political camps starting to rise up and echo some of these talking points. you see people on the democratic and republican side starting to come down on these companies, so the pressure is ramping up. kurt: thank you both for being here. brody. dan ives and ben thank you for joining us. speaking of washington, all eyes are on the capital, may be on the impeachment inquiry of president trump. could this be what keeps antitrust regulators off big tech's back? we will discuss next. this is bloomberg. ♪ ♪ kurt: this is "bloomberg technology." i'm kurt wegner in san francisco. the u.s. department of justice federal communications -- justice, federal communications, commission have all been keeping an eye on big tech. there are possible probes and inquiries into apple, facebook, amazon, and google.

this will be zuckerberg's first time on capitol hill since testifying on the cambridge analytica scandalast year. today's hearing on facebook's influence is expected to begin at 7:00 our time. zuckerberg will be the only witness. in prepared remarks released yesterday, the ceo is expected to say facebook will not launch its own digital currency, libra, anywhere in the wold without u.s. government approval. congress is concerned about the cryptocurrency and facebook's impact on privacy and hate speech. >>> democrats are calling this the most damaging testimony yet in the impeachment inquiry. the top u.s. dipment in ukraine told congress he thought it was crazy to hold aid to ukraine until officials investigated the biden family and the 2016 election. bill taylor testified yesterday under subpoena. he says while he was not given a reason for why military aid was being withheld, the u.s. ambassador to the eu told him president trump wanted the ukrainian president to announce an investigation into his rivals. the white house dismissed taylor's testimony calling it triple hearsay. >> the amer

this will be zuckerberg's first time on capitol hill since testifying on the cambridge analytica scandaly's hearing on facebook's influence is expected to begin at 7:00 our time. zuckerberg will be the only witness. in prepared remarks released yesterday, the ceo is expected to say facebook will not launch its own digital currency, libra, anywhere in the world without u.s. government approval. congress is concerned about the cryptocurrency and facebook's impact on privacy and hate speech. >>> democrats are calling this the most damaging testimony yet in the impeachment inquiry. the top u.s. diplomat in ukraine told congress he thought it was crazy to hold aid to ukraine until officials investigated the biden family and the 2016 election. bill taylor testified yesterday under subpoena. he says while he was not given a reason for why military aid was being withheld, the u.s. ambassador to the eu told him president trump wanted the ukrainian president to announce an investigation into his rivals. the white house dismissed taylor's testimony calling it triple hearsay. >> the american people

what year and month did you personally first become aware of cambridge analytica? >> i'm not sure of the exact time. but it was probably around the time when it became public. i think it was around march of 2018. i could be wrong. >> when did facebook's coo become aware of kamala harris cambridge analytica? >> i don't know. >> did anyone on your leadership know about it prior to the initial report by the guardian on december 11, 2015? >> congresswoman, i believe so. as you're asking this, i do think i was aware of cambridge as an entity. when was the issue discussed with your board member? >> congresswoman, i don't know that. >> this was the largest data scandal with respect to your company that had catastrophic impacts on the 2016 election. you don't know? >> i'm sure we discussed it after we were aware of what happened. >> you announce d recently that the official policy of facebook now allows politicians to pay to spread disinformation. in 2020 election asks in the future. so i just want to know how far i can push this in the next year. under your policy using c

the british campaign for brexit and what happened in this case was the apps was working with cambridge analytica and others to go to the bridge people and identify the ones who did not live in the large sophisticated urban areas, people who felt left behind by the new britain and they told them several things, they told them after test marketing many messages one of them was belonging to the eu for tens of millions of turks to invade britain. and deprive them of their livelihoods and if they didn't go with the eu all of that money could be reinvested in national health and improve their national health service. neither of these things happened to be true, but through this method of identifying target voters, motivating them to go vote and energizing them with messages of these falsehoods they surprised everyone with the brexit vote and we see the united kingdom still struggling with the results day today. so they were very cheered by this laboratory experiment in their technology and turn to the us primaries. ted cruz -- a lot of these techniques in the iowa primary where he did very well, but o

cheryl: facebook reportedly tried to downplay the cambridge analytica scandal during settlement negotiationsok sent to the ftc ahead of the settlement. the memo says facebook found the fine to be excessive, arguing the ftc failed to identify any harm to consumers. if you play words with friends, you may want to change your password. the game's developer has reportedly become the latest victim of a massive data breach affecting some 218 million accounts. the hacker news reports the stolen data includes names, e-mail addresses, log-in ids, passwords, phone numbers and facebook ids. they say they have taken steps to protect users' accounts. levis is upgrading the smart jacket. the company teaming up with google to improve the tech-savvy denim jacket. you slip your phone into the cuff to connect to an electronic tab. you can swipe over or hold your hand over it to issue commands to your phones. the jacket will cost about $200. and now is your chance to dress like jennifer lopez. the pop star's iconic versace dress is for sell. the green gown is available from modaoperandi for $9,325. fans who ha

some people want all of them i own google and apple facebook, the cross hairs are them with cambridge analyticather things. >> i do think it's attractive. they have 1.6 billion active daily users. >> that's a great point. >> much of the market expected they didn't have upside in u.s. and canada active daily users and subscribers in both u.s. and canada increase 39% year over year in terms of active daily use. >> can we use that, judge, as a segue to twitter because it's the exact opposite. >> love that thank you for asking thank you for asking >> 300 million users and josh will know better than i. but i think only 100 million daily active users i think that's what dau stands for. you compared that to the number, 1.6 billion. if i've got to own a social media stock, it's facebook over twitter. >> one is worth 6 and another is worth 19 i think that differential is fairly accounted for >> i don't think 300 million total users, i don't think twitter has the oomph -- certainly not growing, as the active using count >> i don't think it's the user size that's the issue. they're not executing. and they

place where i turn my attention next >> and carl, christopher wyomil the whistleblower from cambridge analytica, he's putting out a book next week, which i think is going to have a lot about facebook in it and who knew what and when relative to the russians so i think there will be more action it come from that particular thing >> we'll watch that. we are talking about changes to the instagram feed we'll have our eyes peeled on that too i'd say congratulations, but it seems a little inappropriate given the content, but it's an amazing story. roger, thank you for your help >> congratulations, casey. it was really great. thanks, guys >> thank you, i appreciate it. >>> we continue to watch the selloff in stocks. dow is down 217 points right now. we're seeing that off the back of weak manufacturing data we havmoe re on that after the break, stay with us. with time, comes change that's for sure... and when those changes might help more people, especially those in retirement, i think it's worth talking about! so, aag is introducing a new jumbo reverse mortgage loan so you can now access as much as $4

and the access to the information, friends of friends, that facebook -- again, with cambridge analytica that was part of the obama campaign's success in 2012, until facebook shut down that access to people's information. again, if it is on the right, if it is conservative, it's a travesty. if it's on the left, if it's a liberal, we are okay with it. >> jessica: in defense of liberals, which is my job here on the couch. [i'm just saying, mark zuckerberg has made it a point to do conservative outreach. it's one of the major stories we've been talking about. i don't think it's fair to say that they can just -- thank you for coming, brian bedard. we are back tomorrow at noon eastern. now here's harris. >> harris: we begin of major developments in the democrat impeachment inquiry as a white house official is testifying now. you're watching "outnumbered overtime," i'm harris faulkner. >> nancy pelosi during a 180 and announcing a full house vote thursday to establish the parameters for the impeachment inquiry. we could get the language of that resolution at any moment. republicans have been d