cheryl sandberg yelled at me. no confidence we'd found out everything the russians were up to and was quite possible that things would get worse before we built teams and invented the technology necessary to stop it. cheryl as reported in this past week's "new york times" investigation felt blindsided by this. he later apologized. you feel she is getting thrown under the bus. julie: i think it's been going on a lot longer and is related to technology at the company and the way algorithms are used and for other purposes. that's why i, you know, mark zuckerberg, you know, obviously doesn't get sort of the impact that his company has on society. he doesn't have the people skills. peter thiel completely understands what was going on. palantier was hired by the federal government for several agencies to uncover different kinds of problems in all of their record keeping and he completely understands how to -- what can be used. how you can use this technology for evil essentially. he was the one on the board who should h

cheryl sandberg has avoided that and now this is when people are saying what responsibility does she bear for the company's failures? >> i want to remind folks what zuckerberg said himself in his senate testimony last year, specifically about the russian influence. here he is. >> for as long as russia has people who are employed who are trying to perpetrate this kind of interference, it will be hard for us to guarantee that we're going to fully stop everything, but it's an arm's race, and i think that we're making ground. >> so it seems like russia, prooifs p privacy issue in general, it always feels like facebook makes promises and then the record catches up and they have to explain. >> there's two tragic ironies here. the first is that facebook got in trouble because in 2015 and 2016 they were caught amplifying emotional conspiracy theories, and they responded now to their getting caught by amplifying emotional conspiracy theories about figures like george soros. that's irony number one, number two, facebook's slogan from the beginning has been, it's well-known, move fast and break

the "new york times" came out with this report that cheryl sandberg not only ignored, but concealed withlatform. cheryl acknowledged that she and mark zuckerberg were too slow to respond to this russian interference, but she insists that she did not stand in the way personally, that these allegations are just plain wrong. this, of course, is not the first time in recent weeks, in recent months that facebook has come under pressure. so one thing is clear from this, that the scrutiny on this tech giant remain s fierce. alex. >> okay. thank you for that. >> let me ask you about something making headlines in london, really now all around the world. the british pound tumbling after a series of resignations rocked he theresa may and its government hours after revealing her brexit agreement. what can we expect to see out of london today financially? >> tilt has been an extraordinary week here in terms of the politics and the market moves we've seen on the back of these brexit developments. yesterday, sterling plunged. it had its worst day since october 2016 on news that theresa may was facing r

cheryl sandberg went on the offensive to fight back at facebook detractors including direct lobbying of lawmakers and going right after their opposition. even hiring a republican opposition firm to paint its accusers as antisemitic. specifically hole cust survivor and billionaire george soros a move his philanthropy chief is calling reprehensible. he wrote in an open letter to sandberg the notion that your company at your direction actively engaged in the same behavior to try to discredit people exercising first amendment rights to protest facebook's role in dissemyonning -- disseminating propaganda is astonishing. it is disappointing to see how you failed to monitor hate and misinformation on the platform. to now learn that you're active in promoting these distortions is beyond the pale. mr. zuckerberg for his part defended the company against the times reporting on a call with reporters thursday. take a listen. >> to suggest we weren't nterested in knowing the truth or wanted to hide what we knew or prevent investigations is simply untrue. emily: he added that facebook will form a

in an interview with cnn, he says coo cheryl sandberg's job is safe as well. >> you are not stepping down as chairman. >> that is not the plan. >> would anything change that? >> eventually over time. i am not going to be doing this forever. but i certainly am not currently thinking that makes sense. >> zuckerberg could do what other companies have done which is decide the duties between c o oo and the chairman. >>> continuing our coverage of the campfire, green bay quarterback aaron rodgers who is chico native is donating $1 million to help fire victims. >> on top of what i am contributing, state farm will donate $1 up to 1 million for every retweet of this post. >> if you would like to share his post to help raise money, you can find the link to roger's tweet on our website nbcbayarea.com. >>> working 247 in butte county, volunteers. today show surprised crews. and many of the crews lost thei >> fortunate enough to be off duty that day which is a rarity. i was able to get my family out. we made it out with our lives and our dog's lives. >> "the today show" served meals to responders

. >> cheryl sandberg has talked to one reporter and denied what the new york times was reporting thathired a group to try and push back on the facebook protesters, the anti-facebook folks. she's also saying that what we have been hearing from facebook all along is we didn't realize it was so bad and we're taking real steps to fix it. this new york times report goes into great detail about how they purposefully did not look into it. when it was looked into, they got angry at the people that looked into it. it seems to be a culture of cover your own butt. >> you asked what is the mood inside of facebook today. i think what is so disheartening for the sources that i've talked to is the whole nature of that piece suggests that you delay, deny, you down play the problems you have. you go out and do the same thing over and over again as if to prove the point. you have zuckerberg saying i didn't know about the work they were doing that. that was a blow but the real blow is when cheryl sandburg said it herself. she threw her communications team under the bus. >> seems like she's throwing a lo

cheryl sandberg says that is not true. icly for the first time since that bombshell report. here's what she told cbs news. >> sandberg told us facebook never paid for fake news and the firm was hired not to smear anyone, not to get any articles written. she is aggressively looking into what happened, trust takes a long time to rebuild. we know we have a long road ahead and we don't expect it to happen overnight. >> at the same time, you got mark zuckerberg defending his leadership, arguing he is still the best person to run the company. >> when you're building something of this scale, oftentim oftentimes putting in place the solutions can take a long time. you know, i don't think that, you know, me or anyone else can come in and snap our fingers and have the issues resolved in a quarter or half a year. >> boy, there is some shaky ground under him. reports advertisers are nervous, employees feeling really down in the dumps about all of this. let me bring in kara swisher, co-founder and editor at large and n, msnbc political

cheryl sandberg does not come out well. >>> get ready to get soaked.ain, ice, knsnow all along the east coast. your full forecast is next. these folks, they don't have time to go to the post office they have businesses to grow customers to care for lives to get home to they use stamps.com print discounted postage for any letter any package any time right from your computer all the amazing services of the post office only cheaper get our special tv offer a 4-week trial plus postage and a digital scale go to stamps.com/tv and never go to the post office again! get stronger... get closer. start listening today to the world's largest selection of audiobooks on audible. and now, get more. for just $14.95 a month, you'll get a credit a month good for any audiobook, plus two audible originals exclusive titles you can't find anywhere else. if you don't like a book, you can exchange it any time, no questions asked. automatically roll your credits over to the next month if you don't use them. with the free audible app, you can listen anytime, and anywhere. plus

cheryl sandberg, why is she in that job? she kind of makes the trains run on time kind of person.kerberg, when you're founding ceo and chairman, you're more in the think tank aspect of it. but she's the operator. and she's been very, very clever with her brand over the years and leaning in and clearly there's no leaning in here. and as a personal investor in facebook and the shares are down 20%, i want to know why she still has a job. the other irony is these new age companies like facebook, the companies of the people, the companies built on democracy and fairness and every man deserves -- you know, every person deserves access and all these things, the irony is they behave more reprehensible than some of the old guard fortune 50 companies. they are the ones acting like they are the men in the gray flannel suits. they are the man, so to speak. >> i think there's such a culture out there that is so insulated and so isolated they believe they're beyond reproach. again, no checks and no balances. but just think about what the "new york times" revealed yesterday. they use this old an

another question, if you look at a lot of these different reports that came out, they don't paint cheryl sandberggreat light either. i asked them about is he too powerful and what is going to happen to cheryl samburg. >> can you say she will stay in the same role? >> cheryl is a really important part of the company and is lead ag lot of efforts to address a lot of the biggest issues that we have. she has been an important partner for me for ten years. i'm really proud of the work we have done together. >> are you going to make changes? looking at a lot of different ones, are you making changes in your top leadership? >> if you look at the management team at the end of 2018, it's quite different from what it was at the beginning of the year. on the product and engineering side i completely restructured things. i think we are leaving with a much stronger team in place. >> you are ceo and chairman of facebook. that is an extraordinary amount of power. shouldn't you power be checked? >> yes. i think that ultimately the issues that we are working on here, things like preventing interference in electio

mark zuckerberg, cheryl sandberg and the team learned that. travis misstepped on some of it.ructure so we need to working with kind of government and infrastructure and then we needed to be upgrading our work process such that i am handing more and more responsibilities to an executive layer. that's part of the reason why there was an executive change at uber. >> it seems to me there are two places where your advice can be most successfully utilized, the united states and china. because if you have an idea in either of those countries you can go to massive scale fast. they are two vast markets, unlike, say, europe, which is still a collection of countries. it is not a surprise to me when you look at the 20 top technology companies 11 are american, 9 are chinese. it seems that china actually follows the hoffman model even more than america. when i look at china you see people just in a desperate search to get bigger the products are often not that great. they are moving really fast and breaking a lot of thing. >> 100%. in our book blitz scaling we call china the land of blitz

approach has driven several key executives from facebook and at times has created tensions with coo cheryl sandbergt, we turn to kara. it was the times, now the journal. can you shine any light on the degree to which sandberg's tenure is threatened >> i don't know that it is threatened, the journal said she's worried about her tenure when i was writing about the kevin cysttron department, he talked about that war meeting. i think everybody was put off by the declaration that it was wartime, as if he was in some godfather movie. needed a war con significant lee ari. that was problematic for a few executives and you saw departures with that attitude. this reaction to problems that were raised in "new york times" is a bad reaction, to focus on being a victim is a real problem for facebook it is not a victim, it is a player and has to take responsibility for what it does which is something i talked about for a long time. >> kara, before this year started, mark zuckerberg was saying his goal for the year was to fix facebook. i guess that's harder than learning mandarin. how is he doing? seemed like he w

we covered a variety of topics including the building pressure on facebook's cheryl sandberg.an in, turning it into a corporate phrase. some say she is taking a lot of flack for what is going on. some say she should resign. do you have thoughts? >> i have spoken to her and i said this is a crisis of trust for facebook. for many people facebook is the new cigarettes. it's addictive. it's something people are trying to convince you to use. it's not good for you. you don't know how it is being used. not only that, they have designs on your children. there is a product, facebook for kids. facebook needs to transform. they need to go from being about the best lens to trust is the value. they have to change how they are running the company eturnally. that has been a struggle to articulate and make the change. >> we have posted the entire interview on our website, abc7news.com. we covered a wide variety of topics. back in the lobby of the sales force west building employees were hard at work on a labor of love. the volunteers were assembling build a bears that will be donated to the

. >> there are a lot of questions now about cheryl sandberg's role in the latest controversy. nitively say will cheryl stay in her same role? >> yeah. look, cheryl is a really important part of this company and is leading a lot of the efforts to address a lot of the biggest issues we have. she has been an important partner for me for ten years. i'm really proud of the work we have done together,and i hope we work together for decades more to come. >> you are ceo and chairman of facebook. that's an extraordinary amount of power, given that you rule a kingdom of two billion people digitally. shouldn't your power be checked? >> you know, i always talk about how we need to partner with governments around the world and other companies and nonprofits and other sectors. so, yes, i don't think fundamentally that we're going to be able to address all these issues by ourselves. >> so you're not stepping down as chairman? >> that's not the plan. >> that's not the plan. would anything change that? >> i mean, eventually over time. i'm not going to be doing this forever. but i certainly i'm

inside and at the top leadership the top leaders, mark zuckerberg, the ceo and his top lieutenant cheryl sandberggized in public, but what we didn't know is what their decision-making processes were, how involved they were in terms of understanding the extent of the abuse on their platform by foreign agents as well as politicians and third parties that want data and how they acted on that. what we found was in fact the top two executives deflected a lot, passed on decisions, in some ways were distracted. both were by personal projects they were very concerned about political repercussions from going out too strongly on issues like russian interference. they really wanted to stay away from that hot button issue these are the top two executives at the world's biggest communications platform. what we discovered is they create a culture in which those who push back strongly have since left or were silenced and that they surround themselves with people that are quite loyal to them and do not push back as strongly and that could be a problem going forward. >> cecilia, have you gotten any sense in the p

. >> and pamela, you know this "new york times" article also painted cheryl sandberg in an unflatteringi asked whether her role will change. he said he hopes she will be a partner down the line. i asked mark zuckerburg because a lot of people worry he has too much power as ceo and chairman if he would step down as chairman. he said he wouldn't. he said that wasn't the right thing for him. he doesn't plan on stepping down anytime soon. >> very interesting interview. laurie segall, thank you so much. >>> be sure to check out the new series "human code" where he sits down with tech's most influential leaders. that's cnnbusiness.com. >>> coming up, the mississippi senate race and republican cindy hyde-smith's continued damage control over recent comments about attending a public hanging. highlights from last night's debate up next. are you on medicare? do you have the coverage you need? annual enrollment ends december 7th. don't put it off 'til later. now's the time to get on a path that could be right for you... with unitedhealthcare medicare advantage plans. call today to learn about the

even show cheryl sandberg lives on the west coast, there's a lot of interaction between her as well as top lieutenants and top members of the democratic party. this was mo surprise. his daughter works at facebook. >> he was taken aback by the level of opposition. thank you so much. >> thank you. >>> it's deadline day in florida but has all the recount chaos yielded anything new? t chs ao yielded anything new ♪ traders -- they're always looking for advantages. the smart ones look to fidelity to find them. we give you research and data-visualization tools to help identify potential opportunities. so, you can do it this way... or get everything you need to help capture investment ideas and make smarter trading decisions with fidelity for just $4.95 per online u.s. equity trade. fidelity. open an account today. ♪ but one blows them all out of the water. hydro boost from neutrogena®. with hyaluronic acid to plump skin cells so it bounces back. neutrogena® so it bounces back. you're still here? we're voya! we stay with you to and through retirement. i get that voya is with me through retirem

facebook founder mark zuckerberg backing his coo cheryl sandberg saying he hopes to work with her forced increasing criticism following the slow response to election interference. a major recall of romaine lettuce is in effect across the country. the cdc warning consumers not to eat it. jonathan hunt is live with what you need to know. jonathan, romaine is everywhere. >> it is. this alert from the cdc, dana, is stark in its warning saying cdc is advising that u.s. consumers not eat any romaine lettuce and retailers and restaurant not serve or sell any. they're advising that any consumer has throw it out, including salad misses contain romaines or shelves or drawers where it was stored to be washed and sanitized. the cdc says that bad romaine can lead to e. coli infections and 32 people across 11 states have become sick. of those, 13 have been hospitalized with one patient suffering a form of kidney failure, this is a separate to the outbreak that lasted from march to june of this year. 210 cases were identified across 36 states and five people died. that outbreak was traced to yuma, a

cheryl sandberg says she didn't know as well.n, wait a minute, if you don't know that sort of thing is going on, your company has gotten too big. connell: yep, you either knew or should have known, the old saying. i want to talk to you about the amazon story as well. defending amazon but taking shots at wal-mart. bill de blasio offering up an interesting reason for supporting one company over another. listen. >> -- the effort to keep wal-mart out of new york city. wal-mart is an entirely universe in terms of the systematic efforts that they have undertaken to not only undermine labor, small business, the environment, american workers, and obviously the politics of the walton family. wal-mart does not belong in new york city. connell: maybe the obvious part is the politics of the walton family, just kind of threw that one in there. but loves amazon but not so much wal-mart, this bill de blasio. >> i think this is such a telling example of this amazon versus wal-mart thing. and governor cuomo and bill de blasio. i mean, amazon is g

details to the committee on the board and told them a few more details than she thought he would, cheryl sandberg a lot of people that watched the election unfold, watching the problems with the russian fake news would have said this is a big problem and thank you for trying to get it fix. >> hey, two quick questions for you. one is your reporting here, is there any sense to attract congress but what steps will facebook take to prevent this sort of happening again, the idea of it being a platform for fake news going into the 2020 election? >> the first question, i think the story got a lot of attention on the hill and there is a growing consensus that the social media platforms that have become so powerful in politics can't be trusted themselves anymore. they can't regulate themselves. it's time for some rules. the trick is what kinds of rules and what do those look like? it seems farfetched to treat them as utilities for certain responsibilities but it could go down that road. you can see privacy rules that would make the networks lessfect -- less effective for targeting effective for targeting.

ceo mark zuckerberg and coo cheryl sandberg famous enormous pressure, but neither likely to step down leave yft is rolling out ne perks to retain drivers. six new driver friendly features today, including new tipping methods and ways for drivers to protect their ratings. lyft says it's committed to rolling out at least one new feature or enhancement for its driver community every month. >>> all right. if you're planning for the weekend, our partners at hoodline suggest a new show under the big top. >> abc 7 mornings reggie aqui jumped through some hoops to meet a san francisco native, now performing for circus circus du soleil. >> backstage is even more incredible. they push their bodies to the limit so that when it's show time, their five-minute act is easy by comparison. >> my name is bradley henderson. i'm 34 years old, from here, san francisco, california. i'm one of the shape divers in the show volta. ♪ i did gymnastics at 8 years old, and that was only two years, and then i joined a circus program circus center in san francisco. it's across from the stadium. did other circus, wo

there was silence from mark zuckerberg, from cheryl sandberg, and a lot of the black employees felt like concerns were encapsulated in this post but they were being dismissed, so posting it publicly was a means to keep facebook accountable. >> you were at the company as i understand it, for just over a year. you said during that time you experienced discrimination firsthand. how so? >> i did daily. i had my fellow co-workers would grab their purses or reach for their wallets having security come up to me a couple of times demanding my badge, passing co-workers who weren't black to do so. it just became an ongoing problem in addition to the work that i was doing and having the work around diversity and these global influencers being excluded. >> did you complain to supervisors? >> oh, absolutely. absolutely. as you can tell, i'm a very vocal person, and i wanted to make change, especially recognizing that it wasn't just me who was having this problem. as facebook has said, they have many people around the company who are working in the diversity space who are working to grow our employee

summer, the security team that found the information htaken it up the chain to their people, and cheryl sandbergs sit at the top to have the chain. unclear at this point how much she was toldabout. after the elections, mark zuckerberg gets open the stage in front of the people and says the same people realized whatever is happening at the company is not mang its way to zuckerberg. >> so a little bit after that, we had the came bridge analytica scandal where it was r facebook allowed this mining access to a hug amount of data. this is in the midst of the russia investigation, the president calling it a witch hunt. what were the critics saying? >> you've got to remember this was a rough year for tube evern be cambridge analytica. they were hit again and again by reports that the russians hit a platform and they wereni't fig it. then the "new york times" said there was a huge breech of privacy at facebook, that they allowed the political firm to dpat around keep the data. so facebook was facing calls from critics, fromit pians at the it needed to be regulated, and they go on the erfensive. they hir

multiple crises at facebook this year have put immense pressure on cheryl sandberg.loomberg spoke to eight current and former employees from her side of the organization. some now blame her for facebook's woes and say at times sandberg prioritized her own brand other facebook's and say she didn't address problems quickly enough and treated them only as perception issues. that's your bloomberg business flash. david? david: they took it down to the wire but 27 members of the european union agreed on sunday for terms of their departure of their 28th member, the united kingdom resolving issues such as the bill to be paid and transition and leaving it to come up with the overall trade agreement going forward and exactly how the authority problem at ireland will be handled. welcome from houston, christopher zuke, the founder and c.e.o. and our guest from london. jordan, the place we saw the reaction first was in the currency markets with the euro and pound. give us your analysis. jordan: we had the deal we've long been waiting for but as with brexit, there are hurdles to g

was the interactions between the audit committee and the board, mark zuckerberg and cheryl sanders. rather.- sandbergas interesting to see yesterday how the board of directors put out a statement indicating their support for mark and cheryl. i think what is really interesting is it shows is exactly what is going on and why we should be concerned and why the company needs to have an independent board of director. the board of directors indicated they are providing their support, but the chair is mark zuckerberg. that is essentially the board saying, thus mark zuckerberg saying he supports mark zuckerberg. that shows us we need to start having that independent leadership on the board of directors going forward. emily: that said, mark zuckerberg was asked this question on a press call yesterday. take a listen to what he had to say. compositionoard's -- i don't particularly think that specific proposal is the right way to go. but i'm quite focused on finding independenceore into our systems in different ways which is one of the big proposals i'm talking about that i discussed in the note is around this i

and now we learn that cheryl sa sandberg's actions throughout were trying to create other information about their competitors. >> i think that -- you referenced the tim cook, an interview that i did with chris hayes in chicago. and they were in-fewer yatesed becauyatesed -- infuriated, because tim said i wouldn't be in this situation. and then he came through with the problem. and instead of focusing on the feed back, they were focused on his comment and how to get back at him and one of the things that the "new york times" article put in for example is they started using android phones rather than apple, which seems so petty, i can't even believe it. but it gives you the extent of the victimization within the company versus actors in perpetrating things. so to me that was one of the more interesting parts of the article is that they took very active pleasures to stave off critics rather than just talking about the problem of which they created. and so that is i think the biggest revelation it me. >> and they can't be too thrilled with your upcoming interview where mark says that face

it shouldn't have been mark zuckerberg but it should have been the chief operating officer cheryl sheryl sandberg low pressure responsible for policy for years which is the fundamental problem here so the easy thing to say is she's got to go but she's been an essential part of running with the successful commercial company and if she goes, that's not exactly an easy fix. >> i agree with adam but i also look at the big technology companies, apple, microsoft, google, amazon and then i look at facebook and i think facebook is in a very vulnerable position scandal or not. >> yeah, very vulnerable position this stock when it blows through 100 back into the double-digit somebody is going to be leaving to spend time with their families in the executive suite and somebody was leaning in too far it looks like and i don't think it's going to get better, and it's not that zuckerberg is i don't think he's capable of running a company that's this political at this point and this large globally, the genius era is over now and it's like you've got to manage the public and they're very bad at that. i think you r

way to the top on mark zuckerberg and how -- on howdberg handle mark zuckerberg and cheryl central -- sheryl sandberg handled election meddling. cathie: we got the first signs in the last quarterly report that it has impacted engagement slightly, but not as much as many might have thought. we are also seeing in terms of top brands, facebook is losing its status there. when that happens, we usually have a. -- we usually have a period of business and stock. havegoodness they instagram, whatsapp, messenger, and other properties to monetize. we think they will be continuing to lower the ad load's on facebook proper and trying to write that ship -- right that ship. emily: how optimistic are you that instagram and the rest can pick up the slack? cathie: it will be hard. facebook is incredibly important to them. i would not be surprised to see more disappointments. they are coming off of rapid growth and we know television advertising is starting to find its way online. there are not many places to go. facebook is one of the biggest. google, twitter, amazon in fact is getting a lot of advertising now that i

prosecutors remember death for five of those people facebook fallout a report have zuckerberg cheryl sandberg decisions are sparking controversy this morning, retailer earnings in focus walmart higher take a look up better than% same-store sales beat expectations company raised full year guidance that is moving the stock not the same story for jc penney down 10% right now same-store sales missed expectations company reported another loss for the quarter of 52 cents a share, this thursday morning joining me to break it down deirdre bolton "the wall street journal" assistant editorial page editor james freeman national security analytical morgan ortagus, good morning. >> good retail story all this week you mentioned same-store sales at walmart the thing you want to look a the. >> yeah because we were trying to get a read on we have seen this global growth slowing, how is u.s. doing u.s. seems holding up better, while those -- revenue numbers from walmart didn't quite might expectations that was basically because of international sluggish growth in the u.s., very healthy 3.4%, same-store sales g

cheryl sandberg admitted to knowing they hired opposition research.about facebook in particular? the regulatory risk priced in? >> we had a lot of panic. i worked with the retail investor. the retail investor is always wrong. that is really bullish for the markets. and a selloff in october. and dagen: our viewers based on their comments on twitter are hard about the markets. part of causing this downdraft is the smart money. smart money getting put out of business because they have been so wrong. >> q3 and the hedge funds, hiring the big tech stocks and right when they bought into that it was a rough october and rough november, there's a lot of blood out there and energy focus funds down 15.7%. yours are the smartest and what are they saying? are they excited about the market? what is the biggest concern? >> the real and fenster -- retail investor is not smart but is emotional and the emotional that this test, we can argue is smart money that for? hedge funds have not done that well in the last couple years. it might be indicative of a bad decision. t

cheryl sandberg, we act like these companies are congress there is no real democracy people come in 250feel ashamed people say you are bullish i am embarrassed now judy woodruff? give me a break, jay, pence is declaring war geagainst china. let it go up to three or four days and sell something. honestly, what do we want? how much do we have to go down on individual stock that is were important before we say it is not a correction that it is something deeper >> how much? >> all right, tim. apple, hey, it looks great the chart looks great. >> we'll tuned in for more a final check on the market right on the other side. "squawk box" will be right back. ♪ ♪ my ambition? helping people get what they want, understanding we're not in this alone, and teaching my kids that no ambition's out of reach. ambitions live everywhere. synchrony helps make them happen with data, insights, financing and technologies. ♪ ♪ synchrony. what are you working forward to? starts with a december to remember at the lexus december to remember sales event. lease the 2018 rx 350 for $429 a month for 36 months. experien

. >> zuckerberg is not going cheryl sheryl sandberg is not going does that performance inspire confidence in investors in facebook? >> no clearly not. you know, a financial when we look at all of the tech names that have been clobbered, each one has its own issue but this one in particular regulation is going to be coming. the market wants to see -- stability at that company cleaning up all of the issues with privacy with -- with foreign invasion into our, into our -- facebook pages. and they don't clear it up they're going. the market will demand and the market ultimately wins. if the -- yeah. absolutely. well no -- >> expwn they go. hold on a sec i have to talk to you about apple, obviously, they've beened leading market lower. right now, we've got the tine yis of recoveries apple premarket is at 1.78 would you buy a l at 1.7 8? >> actually, it's enticing right apple a day is important it is enticing but when you look at the markets and you know, you are looking to see what does market want to see? i think that market actually wants to see most analysts coming in to cut, cut, cut, and a

and he addressed the future of facebook's embattled coo, cheryl s sandbe sandberg. >> can you say thaty in her role? >> yes. sheryl is a big part of this country. she is leading efforts to address the issues we have. and she's been an important partner for me for ten years. i'm proud of the work we've done together. and i hope we work together for decades more to come. >> on the subject of russian propaganda and the election, zuckerberg said the company did not the pick up on it fast enough, but has worked to curb future interference. >>> we're looking at a case that rocked new york city and made headlines across the one. women everywhere was on-edge after katrina was sound dead after a jog alone. ron allen is outside of the queens courthouse with the story. >> reporter: this case was shocking and terrifying to women who jog alone. for months, investigators could not find a suspect, even though they had dna evidence, found under the victim's fingernail. she struggled and fought back. then, finally, an arrest, a trial months later. investigators at that point thought they had a solid co

were doing research, in fact, they said that research was already underway on george before cheryl sheryl sandbergtepped and know if he was shorting facebook stock in order to make those comments but on eve of thanksgiving they basically admitted to that "new york times" article yes, they hired definers, yes sheryl sandberg has seen e-mails containing definers work. j one thing after another. just piling up. okay suzanne thank you very much indeed. let's get to what is going to be main story of the weekend i think that's china's trade china's economy really feeling the pain. i would say much more than america is feeling the pain. and that's because of these tariffs that have been imposed. asia watcher gordon is with with us i've gone out on a limb i think come sunday morning announcer will represent a cease-fire, a truce, because this huge pressure on both sides to got something done here. something positive. do you agree with me? >> i think there will be a truce. there's too much talk of architecture and framework right now that's a real indication they are lowered a bar so a framework discussion

but i had a conversation with cheryl sasheryl sandberg and i we were talking in circles.e some responsibility when you hand your data over. >> that's right. that's right. they're abrogating the responsibility of what they've done. there's a law that gives communities broad immunity, and the question is whether they should continue toimmunity. media companies don't get immunity when they make mistakes. internet companies do, for whatever's on their platform. the question is, is it time now to say to internet companies, you don't get broad immunity anymore. you have to pay for the mistakes you make. and they don't want to. they've made all the money, they have all the power, and yet they don't want the responsibility for the things their platforms do. it's not precisely like a cigarette company, but reminds you more of a chemical company that's spilling stuff into the river and we have to clean it up, so who has to pay for it? >> also -- >> it's exactly like what it is. >> over 50% of americans get their news from facebook. >> yes. >> and yet no regulation. >> none. >> no s

>> there is a lot of questions about sheryl sandberg's role in the scandal. >> cheryl is a really important part of this company and is leading a lot of the efforts to address a lot of the biggest efforts and issues that we have. she's been an important part for me for ten years. i'm really proud of the work that we have done together. i hope that we can work together for decades more to come. i do run the company i am responsible for everything that happens here. cheryl: the comments are coming by the investigation from the new york times last week that they failed to take quick steps to address the meddling and the election. zuckerberg said that report was inaccurate. lauren: president trump officially answering robert mueller's question about the russian meddling and in the election. a major milestone in the investigation that could soon reach its end. the legal team provided more than 30 witnesses and 1.4 million pages of material and now the president's written response earlier this week, the indicated it's unlikely he would sit down with robert mueller's team for an interview but now

about leadership because on a press call, mark zuckerberg defended himself and sheryl sandberg and said i think cherylas also not involved. she learned about this at the same time i did, talking about this controversial firm. he went on to say sheryl is doing great work for the company and has been an important part -- partner to me. kyle, the board has come out saying in a very unusual thing, to hear from the facebook board that they pushed samberg and zuckerberg -- sandberg and zuckerberg to push faster but they continue to support their leadership. descents change happening in mark zuckerberg being the ceo and chair or sheryl sandberg being is number two? kyle: for the same reasons articulated earlier, the controlling shares in the company, i do not see a change being forced upon them. i think there will be substantial change in the way the leadership governs himself and the way they behave and potentially, the way the board interacts with the leadership. you can imagine an astute thing to do to convene an investigative panel by one of the terror members able to work independently within the compan

zuckerberg told cnn he has no plans to step down as chairman and also indicated sandberg's position is secure. >> cherylly important part of this company and leading a lot of the efforts to address some of the biggest issues that we have. and she has been an important partner for me for 10 years. i am really proud of the work we have done together, and i hope we work together for decades more to come. desley: and that is your bloomberg business flash. humphrey in dubai, thank you so much. here is a look at what you should be watching today. at 8:30 u.k. time, riksbank releases its 2018 financial stability report. watch out for new economic forecasts from the oecd. as we have been hearing, the european commission publishes the budget plans of euro area countries. watch for comments on italy's att reaching e.u. fiscal roz 11:00 a.m. u.k. time. for more insight on what the e.u.'s reports on italy's debt could mean, kevin costello joins us. a headlining have seen just a few minutes ago, actually, in lastampa. saying he may be open to what it positions. we are seeing yields move lower presumably on that repo

zuckerberg told cnn he has no plans to step down as chairman and indicated sheryl sandberg's position is secure. cheryl part of the company and is addressing a lot of issues that we have. she has been an important harder for me for 10 years. i am really proud of the work that we have done together and i hope that we were together for decades more to come. aul: u.s./china tensions a ratchet up with washington accusing beijing with doing little to change its unfair trade policies. have updated the investigation of china's policy related to intellectual property and tech transfer. beijing has not fundamentally altered its unreasonable and marketed distorted practices since an earlier report in march. trump administration is threatening to ramp up for the pressure on china by check -- by tightening research and fun u.s. tech exports. debating whether a range of experts like microchips and robotics should be subject to more stringent control. deutsche bank said such a move would have a profound and long-lasting impact on the relations between washington and beijing. u.k. prime minister theresa may have for

sandberg. >> c you say cheryl will stay in the same role? >> yeah.ally important part of this company and is leading a lot of the efforts to address aot of th big e efforts -- the biggest issues that we have. she has bee an important partner for me for ten years. i'm really proud of the work we have done together. i hope that we work together for decades more to come. >> and on the subject of russian propaganda in the 2016 presidentialelection, zuckerberg said the company did not pick up on it fast enough, but has worked to curb any future interference. > we begin with a stung development in a case that rocked a new york cityadommunity and headlines across the country. women were on edge when 30-year-old karina vetrano was found dead in a parfter going out on a jog alone. her alleged murderer en confessed, but it was not enough to sway thes jury. nbon allen is outside the queens courthouse with the story. good morning. >> repter: you're right. this caswas absolutely ocking and terrifying to woman who jog alone. for months investigators could not fin

cheryl: brand-new show on fox business, very exciting. facebook ceo sheryl sandbergants to check on one high-profile critics. lauren: tracee carrasco has that story and other stories making headlines. tracee: sheryl sandberg asked to do search on george soros where he called facebook a, quote, menace to society. sandberg sent emails asking them to investigate soros' financial interest, apparently soros was behind funding a group called freedom from facebook, facebook is trading lower in the premarket. >> at&t is catching up to netflix in terms of streaming. tracee: they are hoping they can. 3 versions of a new streaming video service late next year that will feature original movies and series from warner brothers, turner and hbo, the service will take on netflix and disney new service, at&t didn't say how much the tiers would cost, each would include -- at&t would pay down debt and possibly sell assets to pay for acquisition of time warner, at&t is down 20% year to date. cheryl: all right, starbucks is soon going to be filtering more than coffee? >> yes, starbucks st

sandberg's role in the latest controversy. can you say she will stay in her same role? >> yeah, look, cheryly important part of this company and is leading a lot of the efforts to address a lot of the biggest efforts -- issues that we have, so when you look at a lot of the progress that we made over the last 12 to 18 months on issued around elections or content or security, cheryl is leading that work and she has been a great partner for ten years and i am proud of the work we have done together and i hope we work together for decades more to come. >> you are ceo and chairman of facebook, and that's an extraordinary amount of power given that you rule a kingdom of 2 billion -- should your power be checked? >> yeah, like preventing interference in elections in other countries and finding a balance between giving people a voice and keeping people safe, and these are not issues anyone company can address. >> you are not stepping down as chairman? >> that's not the plan. >> zuckerberg also says facebook has a different world view than some of the people that cover the company. what does that mea