joining us, cyber-security expert morgan wright and deirdre bolton.waits five days to open his mouth. then said nothing. doesn't even apologize. he has to do that day two of the non-apology. he and cheryl sand berg who is supposed zooms to be the adult in the room, they are the two biggest losers. deirdre: does it make you feel better that he lost $10 million? >> not a bit. deirdre: this data breach with cambridge analytica was the second big strike for facebook. the first one being in the runup to our presidential election. more than half of the u.s. voting population saw an ad that was created by or manipulated by russian bots. lou: the only proved collaboration with the russians belongs to facebook and twitter. i think issue number one was the 2012 election in which zuckerberg, san sandberg and facebook got behind the candidacy of barack obama. they took sides and nobody said a word. deirdre: at this word their credibility as business leaders is being questioned. at this point they need to hire more engineers. they need to hire more humans that wil

ceo of dropbox sitting down with deirdre bosa as their shares open on the nasdaq deirdre?ll him away from the celebrations and the champagne i'm sure is flowing freely a very nice cop, con grpop. congratulations. >> i'm feeling great. >> i can't help but note you are one of the oldest unicorns around more than a decade not you yourself, your company why did you wait so long to go public and why now with the markets being so volatile this year >> we're ready this is a step we've been working on for a while and we look at the icon tech companies out there and you look at most of them had even more impact after they went public and we've been spending the last few years getting to a great balance of scale profitability and growth and so it's time we're in the big leagues. >> absolutely. we've been talking about this all morning. you're in this unique space. you're a consumer name lots of people use you including b bob. how do you plan to differentiate yourself from some of the bigger players in this space like salesforce >> well, we have a great model and we like to talk abou

lou are, deirdre, thank you so much for your perspectived today. and that is it for me, but watch me every weekday, 5 a.m. eastern on the fox business network. ashley webster is in for liz claman and, ashley -- ashley: here we go again. tgif, an hour to go before the bell rings to bring to the end a very ugly week. lauren simonetti, thank you very much. all right, this is the last time, so says president trump, as he begrudgingly signs a $1.trillion omnibus spending bill, off 200 points on the dow. but at that news conference, which wrapped up just over an hour a the president saying never again to such a spending plan. the 2,000-plus-page bill was approved by the senate late last night, the president saying he is disappointed in many items but repeatedly praised parts of it which he say

kennedy: it looks like we deirdre bolton.they are hacking our line. you were telling -- >> you have me? kennedy: i'm thrilled about it. it's already begun. okay, so the president also visited marines in san diego. >> yes. kennedy: what is this exciting news about a space force? deirdre: let me play you a clip from the president's comments and then we have to talk about it. >> my new national for strategy for space recognizes that space is a war-fighting domain just like the land, air and sea. we may even have a space force, develop another one, we will have the space force, we have the army, the navy. deirdre: so spacex founder elon musk, we know that president trump has publicly -- kennedy: all right, this is what she's tg to say, i want to be the first on the list to be benefited for one of the neat jump suits, deirdre bolton thank you for incredible reporting today and now let's take a look at the race board in pennsylvania, look at the race, oh, my garden, it is within the point half, not a lot of points there separating

does this mean, deirdre, that there's going to be reaction from washington? are we going to see more regulation for facebook? >> yes. i think from an investor's point of view, that is what you have to know. this company has a long road ahead. yes, i think regulation is coming. mark zuckerberg has been invited but required, let's call it that to show up on april 10th in d.c. along with ceos of google and twitter. i have not see them respond. mark zuckerberg confirmed he is going. he will face a whole raft of questions. this is latest evidence, scramble, they started to clean up things before to control your data, you would have to to through 20 different screens. as of yesterday they rectified that. they cut off some third party companies which cambridge analytica would have been one if they done it years ago. facebook is trying very hard. it's a big car crash, they're out there with a little broom and dustbin trying to clean up behind it. from the investor point of year, regulation is coming. that is important to know if you own the stock or thinking about ow

deirdre, catch us up on the latest. we have a lot of political leaders coming out saying facebook, not so fast. >> not so fast. facebook essentially at this point is waiting for a letter from the ftc and this is the primary agency that sticks up for our privacy. according to our sources facebook has not received this letter but they're waiting for it. they know that it is coming. my sources telling me that facebook is going to face a probe by ftc. the big question is, did they or did they not violate a 2011 privacy consent? which basically means they're not supposed to just go in, farm all of our data, all of our material and sell it. i want to underline though because we also did see that the deputy privacy officer at facebook came out with a statement, i feel like i should read this, this is the official line of defense, coming from facebook saying we respected the privacy settings that people had in place. so according to facebook, this is more or less a big misunderstanding, exactly about how this information was ta

to deirdre's point before, not only lays did i but ad dicked with facebook. particularly if you have kids. put up photos like you do day and night. i won't delete the account because i don't think i have too many sensitives things on there any way. lauren: what do you think about mark zuckerberg being the ceo? do they have a way to bring in more grownups? >> sheryl sandberg was supposed to be the grown up in the room. in fairness i know i have friend at high level we really wanted to get this statement right. we realize the weight, the gravity of the situation. so they did want to go back and part of mark zuckerberg's statement yesterday was the whole forensic analysis how they handled that going back to 2007. if you read that hole post. i think they were trying to get it right. i think they need to get more people on the board. they need a business decision, will we have thinner margins and higher more engineers? after the russian fiasco with the ads, they hired a thousand editors. that does nothing with 2 billion users. >> the good news, however i don't thi

deirdre bolton has more. deirdre? >> response to this most recent user data controversy, facebook founder, ceo, mark zuckerberg saying we made mistakes, there is more to do. we need to step it up. we saw a longer clip from the interview there. he said he would be willing to testify in front of congress if it was the right thing to do. we put a qualifier on that. he said he did not oppose some forms of regulation, which for the record i think are coming. specifically around ad transparency which is a project facebook has been working on since last fall, you can be sure that will be sped up. zuckerberg pledged tweaks to the system. he says facebook will investigate, look for potential abuses of personal data by app developers. a lot of people are saying we thought they were doing that to begin with? so that is one thing that facebook is taking some criticism over. a lot of people think facebook has rules but just didn't enforce them. so is we do have this idea that it may be a start but significant changes have to happe

deirdre joins us from new york. good evening, deirdre. >> deirdre: good evening, chris. there was a huge sell off, the dow and the s & p both negative for the year logging the worst day since february 8 and 9, respectively. losses were broad. 9 of the 11 sectors in the s & p 500 lower, all 30 dow components lower as well. investors bought gold futures, safe haven assets. investors buy those in times of fear, instability, or both. so president trump's announcement of those roughly $50 billion of annual tariffs on chinese exports shook some investors, especially since the president also said there may need to be more to come. that adds a layer of uncertainty to any investment equation. most diplomatic experts say as well that saving face is a strong chinese cultural theme and that china will retaliate. investors just don't know how yet. but they are clearly pricing in discomfort. you saw stocks such as caterpillar or deere fall at least 38%. if china retaliates on soy or sorgum, live hogs, that would hurt american farmers and the machinery companies that support that indus

deirdre pilch, superintendent of greeley evans school district six in colorado. welcome. just to set the stage, you have heard a lot about this throughout the day, this is the drumbeat among the chiefs, equity matters. and the chiefs have done something that a lot of organizations hadn't even had on their radar screen. they have actually come together across the country, all of the membership, and determined what those ten equity commitments will be. and by doing that, they actually defined what equity is, so there is a comparable conversation when we're having the discussion about equity. and we're really pleased about that because they are interested in telling their stories. and you heard several of the chiefs this morning say we have got to start telling our stories about the really positive things that are happening in our states, because so much is happening. we are moving the needle for our students in ways that individualize for their particular needs and support. so what we have here today are two amazing leaders who are going to illuminate an example from the st

hi, deirdre. >> hi, trish, that is a great question. both north korea and russia are responsible for some of the biggest global hacks we've seen. last may north korean hackers went after tens of thousands of victims in more than 70 countries. britain's public health system falsely rejected patients. fedex unit here in the u.s. was affected. in europe shipping lines, telecom companies were affected. so that was the largest ransom assault recorded so far. following about a month later russian state hackers deployed similar ransomware to paralyze computers in the ukraine on the eve of that country's independence day. in kiev you couldn't get cash from cash machines. workers at chernobyl nuclear power plant had to monitor radiation levels manually. russia and north korea have homegrown hacking talent. they have proven they can carry out large-scale hack attacks. most of the people i speak with about the attacks in baltimore and atlanta it is really too early to tell if there is a state actor. officials in the that were attacked by unknown a

deirdre bolton is outside of the courthouse with more. hi, deirdre. >> hi, trish. i'm in front of the courtroom. seven years for martin shkreli. he was crying before the sentencing trish. he was crying during it. he was whisked away really quickly after it. i want to mention going through some of the details here, seven years for securities fraud. five years for conspiracy to commit securities fraud. don't know, conspiracy or securities fraud is basically lying to your investors. then conspiracy to commit securities fraud is essentially an attempt at stock price manipulation. he was found guilty of both. seven years and five years respectively will be served out, those two terms cop currently. as you know, trish he is ordered to forfeit assets worth 7 1/2 million dollars. part of that is cash. part of that is a picasso painting. part of that is a with a wu tann album. we're talking about the least amount of time shkreli could get, 12 and 18 months. the most amount of time was between 15 to 20 years. the judge picking the seven-year number went right downed middle.

deirdre bosa has the latest from san francisco. >> especially when more bumps keep turning over.st few hours the investment adviser to new york city's pension fund is calling for changes to the board to address the fallout and restore investor confidence. according to a letter from new york city's comptroller to one of facebook's independent directors the pension funds own facebook shares. while the scrutiny continues and more questions coming up, facebook is working to gain back trust doing things over the last few days like streamlining privacy settings for users shutting do you know third party ad targeting tool on the advertising front and holding an on record call earlier to field questions regarding safety and security they outlined election security ahead of u.s. mid terms such as combatting foreign interference reducing ad transparency and reducing the spread of fake news a big question weighing on the stock and still is and on the rest of tech over the last weeks is regulation. when that could be coming and what it will ultimately look like an exclusive survey by cnbc an

deirdre bosa has more on dropx nd its strategy for growth. >> reporter: as drop box makes its public debut, the company enters a land of land graphs. cloud computing has been one of the hottestf corners oe market over the last year. it's not just cloud foc companies like sales force playing in the field. tech behemots like google, apple, microsoft and amazon are major players and they are only setting bigger. where d drop box fit in? the san francisco based company has 500 million registered users and became a household name thanks to popularity with consumers rather than businesses. >> it is viral. it is a sticky. an you see that across the metric of the company. if they can continue to innovate and lode which they have proved they can do in the past. >> reporter: in the file sharing cloud business the money is in enterprise and drop box is increasingly moving into the space on its path to y. profitabil the ceo and founder says the co any's consumer following will help it win more business customers. >> we have over 500 million registered users. they have been bringing us into milli

a huge story today, deirdre. >> it's a huge story, melissa. this the beginning of a long uncomfortable chapter for big tech. so the senate judiciary committee as you said formally invited, so they can't really turn this down, facebook mark zuckerberg, twitter see joe, jack dorsey, alphabet google larry page, all to testify on april 10th. these people have to show up in d.c. and field some questions. all these questions or these companies will be questioned how they handle our collective data. how though process it, how they protect it. if you're running a business, this is pretty much the last thing you want is government interference or the threat of various kinds of regulation. but this is part of what pushed facebook's shares down are to the week although today, just eking out that gain but for the week still down about 10%. the ftc, a government agency responsible for protecting our privacy confirmed it is investigating facebook. this is the second time that the ftc and facebook have had to sit down together and talk about facebook's priva

thank you very much, deirdre. joining me for more analysis, "bullseye brief" publisher and founder adam johnson, along with bellpointe chief strategist david nelson. is this going to be the end of mark zuckerberg. >> it is starting to look like it. i tell you something, trish, there is a real trust problem which zuckerberg went on cnn looking all dough-eyed to sound con -- contrite. we don't understand our data. and whether the news feed is accurate because fake news. it is hard for me and a lot of other people to necessarily trust a company takes all our data, all our hard work, our intellectual capital, all the effort we put into posting, sells that to other people for billions of dollars, all we get back in return is likes. i'm sorry, that doesn't breed trust. trish: you have a plan for that. you have suggestions. >> i do. trish: let's get back to that in a second. in terms of this company, look i was on vacation this week. use facebook more than i would on regular basis because i'm posting pictures of the kids

communities together and thinking about collective impact for schools, because as you will hear from deirdre, she has an amazing district and leader, but she needs support and help from the community to close opportunity gaps for all of the students. and so, i really want to help be a broker to that and the district leadership there. so. >> thank you, commissioner, and that is the point. the point is that commissioners are going to be working very closely with the local superintendents, and those close toast the students everyday. and dr. pilch, could you first of all describe late bit about the district for people to get the sense. >> yes. thank you. and thank you for having me. i'm the superintendent is of greeley school district in colorado and we are an about an hour north of denver and an hour from cheyenne, wyoming. we have a strong a agricultural base and oil and gas production in the community, and we are also a refugee resettlement community, so we have a strong urban feel as well. we have 33 schools in the district, and five of the schools are charter schools, and we are about 60%

. >> thank you, deirdre.t for a little more her point is right that the reaction to this will depend on if in some way that pedestrian was culpable or purely blamed on uber. >> we're at a time period where lawmakers generally are looking at all kinds of tech companies, new tech in terms of is it being regulated properly, should we do more facebook has been hitting the markets today based on what happened with their data in this case, as depoint out, we don't know what happened a pedestrian always has the right of way whatever the accident may have been, the car is ultimately at fault. whether it was a driver error in terms of the operator, the safety operator -- >> is that true? what do you think, is the pedestrian, do very always have the right of way we feel that way - >> we feel that way. that's the thing >> when people are concerned or afraid of a new technology, the tech company, in this case, uber has to be that much safer with everything the public perception is going to be super ski. one thing we foun

here on set joining me for this discussion we have gerri willis, deirdre bolton, and suzanne owe o'halloran.com. you have a lot of young women that work on your team. you are a big proponent of them, in particular used to work on my team. she wanted to be a reporter, we encouraged her to go over to work with you. it is great to see what you're doing to inspire them and to help them. tell us about it. >> right, brittany we're talking about. talented young woman. listen, no assignment is off limits. you want to come to my learn and learn, report, write, go for it. i don't want to hold anyone back and i don't think anyone should be held back ever in the work place. you have to work hard. you have to focus and come in with good pitches an opportunities will be there. when we learned about some other companies and our company here, we want to make sure those opportunities are here and available to everybody. trish: in other words, you want mayor -- meritocracy? whoever is most successful what they're doing, who is most ambitious. >> most motivated, willing to hustle. i love that picture of your

bret, back to you. >> bret: deirdre, thank you.t virginia has become the latest date to impose work requirements for food stamp recipients. republican governor jim justice signed the bill yesterday. federal standard is for 20 hours of work or volunteer service per week. it applies to people ages 18 to 49 who are not pregnant, disabled, or military veterans and have no dependence. tonight we begin a new series on children and the culture. our focus this evening, the movement towards putting more risk in kids' playtime to make their lives safer down the road. here is correspondent ellison barber. >> some call this a junk or wrist playground. others call it an adventure playground. these kids just call it fun. >> what do you like about coming here? >> playing. >> the junk playgrounds origins traced back to denmark. >> started looking at, where the children playing. he found that wherever there was rubble from the war, that's where children were playing. >> the ideas spread throughout europe. today there are risk playgrounds in germany

anyway, deirdre, thank you so much. joining me for analysis, former cia officer and syndicated talk radio host buck sexton. buck, we shouldn't be surprised? >> this has been going on a long time. the scale of hacking from russian government, chinese government, surrogates. one of the problems is deniability. what happens if they hack into u.s. power grids in this case, we'll find that person as soon as we can. governments can act like they have no particular hand in this, which gives them leeway to turn a blind eye or directing this very activity. cyber war has been going on a long time. the american public is getting a sense how pervasive and dangerous it can really be. trish: you worked in the cia. how in tune is the cia when it comes to this, when it comes to the threat of cyber? >> the stand up of various cyber organizations within the intelligence community, cyber command with the military, they all recognize this is going to be a part of not just the warfare of the future but the day-to-day how states are trying t

fox business's deirdre bolton is live in new york with the latest. >> hello, melissa.sa: you're bright and happy during the storm. you look fabulous. >> that counts for something. a lot of people are without power and more to come, melissa. update for travelers first, right this second there are 2700 cancellations for flights. we'll show you a live shot of jfk. 0% of the remaining flights out of jfk have been canceled. newark is probably even worse. it just lifted about ten minutes ago, a ground stop. so that is to say before ten minutes ago, no flights were coming in or out. that is just been lifted. but nationwide, even for tomorrow, there are about 300 flights that have already been canceled. worth noting the airlines are trying to make it easier for travels. american, delta, united. they're offering vouchers. it is a one-time kang that you're allowed to make if you have a ticket. without a fee, so even if your flight was not canceled, if you just don't want to deal with this, you're not in a rush to go anywhere. toes three airlines actually let you change your deta

deirdre, thank you.: we have claudia rossette, former moscow bureau chief for "wall street journal." currently foreign policy fellow at independent women. claudia, you know the way the kremlin works. will this do anything to change behavior? >> no. this is a much bigger, much bigger picture. we need to establish worldwide deterrents. that is it where we are right now. david: peter king, the congressman suggested we target individuals who are associated with putin directly. let's play the sound bite, get your response. >> i think there should be stricter sanctions certainly on anything involving russia's defense industry. i think that we should go more after people closer to putin, people around him. david: would that do any good? >> by all means do it. i don't think it would hurt but i wouldn't rely on it for a second to solve this. it is one piece of it. david: let's talk about something else that is related but it is a real mystery about these go people who were poisoned in england. >> yeah. david: it

we will be following it for the next few weeks. >> bret: deirdre, thank you. a man suspected of sending suspicious packages to several military installations in the washington, d.c., area is in jail tonight. authorities say the packages contained explosive material and rambling nonsensical notes. lucas tomlinson fills us in from the pentagon. good evening. >> good evening. the fbi arrested 43-year-old suspect last night in everett, washington, . he appeared in seattle an hour ago at a federal courthouse. the fbi believes he was working alone when he sent more than a dozen packages to five locations in the washington, d.c., area. cia headquarters, fort belvoir, fairfax, virginia, bowling air force base and another package was discovered today. fort mcnair and the naval surface warfare center. packages were discovered during routine screening. "it's possible for the packages were mailed to facilities in washington, d.c. "law enforcement officials describe the assessment as emoty disturbed. investigators found black powder in some of the packages along with fuses

deirdre, thank you very much. >> sure. that is one thing that worries jonathan hoenig, that the long arm of the law, the government could really affect an entire industry here. jonathan, what do you think of what is talked about? >> it is happening, neil. i'm just getting an alert that cook county will be suing facebook and cambridge analytics. this is a major danger for the stock and i can tell you mark zuckerberg invited this. he asked for regulation, pondered publicly whether they perhaps should be regulated a couple days ago. neil: that's true. >> neil, as deirdre bolton talked about 2011, essentially facebook sanctioned the idea that government should have some role managing the content on their website. when you think about the success, neil, success of facebook, neil, how it succeeded with no government regulation as some of these tech companies have, look at microsoft. as soon as they were sued, as soon as government got involved in business in 2000 it, was 18 years until the stock recovered. you can see the same t

and everybody has to deal with that deirdre, good stuff. thank you very much. >>> here now with more is judge andrew napolitano. judge, here is the legal, as far as i can wrap my head around it, the legal issue here, facebook, we all saw four or five-page very, very little type disclaimers that we had to sign when we got into facebook. >> right. david: or when we agreed to give information to certain part of facebook. facebook was the enforcer there. facebook was the enforcer, and they did a lousy job. they essentially gave stuff they shouldn't are given away, or sold stuff, forgive me, they shouldn't have given away. now the question is the government going to step in to become the enforcer? >> first what you say, is true, david was the -- facebook was the enforcer and did a lousy job. mark zuckerberg's statement came out in last couple minutes, supplemented by cheryl samburg, is essentially ad mission. that is exhibit one in the class-action lawsuit against them. they will get action in shares of stock. they admitted the obvious allowed p

thank you, deirdre. david: gary and lenore are back with us. gary, start with you, i think this is the achilles' heel of social media. frankly it was a couple of years ago when we heard the obama administration was doing the same thing, mining this data, getting facebook to share with it personal details that the users didn't know is being shared for political purposes. but this has always been achilles' heel of social media. it's not only facebook, it's everything. the whole nasdaq is down so much today. >> yeah, i think google is actually going to come out pretty bad from this as well because google gets so much information about people, potentially even more than what facebook sees, and google people don't think about how much google learns from you with all of the different searches. david: gary, some people are going too far saying this is like the dot com bust that we're going to see nasdaq back to 4,000, 3,000 levels. is that possible? >> i'm not there yet, but let me be clear and concise, we have not had a bear market in nine years beca

are going around the state, and we are doing the highlight and turnaround work and the work that deirdre's work is a part of and the state and many districts are a part of and we have seen some steady success, and it does take a couple of year, right? it is not just one year, and one and done, and so, we talked about overtime, and the districts that have, and the schools that have participated in the work, and what that work looks like, and we have videos of it, and we share that across the state, because it is first of all going to get the other districts interested that they had been, you know, the previous district that are like, no thanks, no thanks, and then they say, oh, this has been helpful and the department does work in partnership. they are not just, you know, the crazy bureaucrats in denver. so, i think that education is a critical piece of it and intentional is another important piece. >> and one thing is that is the most important thing is that we started with our own staff. and started with me talking to every single staff in the district and i'm on the circuit again talking

thanks, deirdre bolton, nice to see you in new york.is a fox news alert room here in washington. and intelligence to source telling fox news that former white house communications director hope hicks told the house intelligence committee that an old email address of hers had been hacked. that source saying that she told the committee that was an old email that she had her sins used in college and not one of her trump or white house email addresses. more details on this as the story develops. a mystery in england, what kind of weapon was used after attack on a former russian spy and his daughter? details on that. first, here's what some of our fox affiliates around the country are covering tonight. q. 13 fox in seattle. washington state becomes the latest in a handful of states to ban trigger devices that allow semiautomatic rifles to fire more rapidly. governor jay inslee signed the measure tuesday involving bomb stocks. washington joins massachusetts and new jersey, and the cities of denver and columbia, south carolina, banning the dev

back to you. >> deirdre bolton live in our newsroom. thank you very much.coming up a trump-happy roseanne is back, breaking records. taking a gamble by airing a pro-trump view in liberal hollywood but will it last? that is coming up. >>> plus is kim jong-un serious about dumping his nukes? could his surprise meeting in china pave the way for quick meeting with president trump? general jack keane breaking it all down for us next. ♪ y very first car accident. we were hit from behind. i called usaa and the first thing they asked was 'are you ok?' they always thank you for your service, which is nice because as a spouse you serve too. we're the hayles and we're usaa members for life. see how much you could save with usaa by bundling your auto and home insurance. get a quote today. (barry murrey) when you have a really traumatic injury, we have a short amount of time to get our patient to the hospital with good results. we call that the golden hour. evaluating patients remotely is where i think we have a potential to make a difference. (barry murrey) we would sa

melissa: without question, they have got big problems over there, deirdre, thank you. david: steve forbes is back to react. talk about congress here they often mess things up, no matter what it is. facebook didn't know how to regulate their system properly to prevent some of the data from being released that shouldn't have been released. so therefore it will be up to us for the government to help these people. what was the worst phrase coming out of the government, i'm from the government i'm here to help? >> right. david: that is what worries me most what is happening right now with facebook. >> when you reach a certain size in this country in terms of the economy they will come after you one way or the other and facebook wasn't prepared for it. they didn't think it could happen to them. they thought they and others were well wired with washington. they're getting their just, i don't know rewards but they're getting hit and hit hard. that is useful lesson for them. i don't think this company will crater. microsoft took years for them to recover. now they're a vibrant

direct message >> all right well, if we get answers, deirdre, come on back.m >> we'll keep searching for them >> sounds great. thank you. >> sectornomics time eric joins us with a look at the industrials and why the definition of the sector may be wider than you might think >> that's right. good to see you guys the industrial sector had a wild ride this year it's seen anything from steel tariffs hurting manufacturers, and many company specific issues like ge having their own individual effects but when you put it all together, as an overall sector, the industrials have averaged to match the rest of the market it's been middle of the pack when ranked among the other sectors with performance results not too different from the overall market for the month of march, industrials are down 3% and for the year, down 1%. the industrial sector is right in the middle in terms of being an oversold sector that's because, like you said, tyler, the definition of an industrials company is extremely fuzzy. we know the sector has the usual suspects, airlines, defense contracto

deirdre bosa has more. >> reporter: at ibm'nn aual think conference the company's wiggart demurs anders are here in las vegas to hear about big blue's future strategy. weern able to sit down with ibm's krechlt to hear about her turn around plans to shifthe company towards next generation technologies like blockchain and artificial intelligence as its legacy business slows. >> it is a different company than ten years ago, five y trs agee years ago. break out the pieces. one, the new product and services. we return to growth starting in the first quarter as you saw there. b the poing 46% of what we make today, products and services are growing at 11% and are new to the ibm company. and a strong pipeline behind it. aiock , lots of sponge pipelines built. >> reporter: in light of recent pressures on facebook in terms b privacy and security data responsibility was topic here at think. aaron levy talked aut the need for updated regulations as tech and innovation play as bigger role in consumers lives. >> we have had a tremendous amount of technology innovation that is starting to impact everl

deirdre, how does someone reconcile all this particularly as an investor? i'm always cautious about whipsawing people or having people take a loss to avoid a two-week dip regretting it a month later, or a year later in. >> i'm glad you bring that up. people with 401(k)s or pensions, they set it and forget. they go into passive investors. they go into products more or less mimic the indices performance. i take your point. yes, if you don't need the money in next two or three years, keep buying, keep adding, close to retirement, maybe you have a conversation. >> even 401(k)s are dollar-cost averaging, even if it goes lower, you want it to go lower if you're investor in 401(k). >> other investor seem to get whipsawed, late to the game, once i buy, it goes down. i hear it all the time. other major big story is it amazon. those shares getting hit after tweet from president trump. they pay little or no taxes to state and local governments. use our postal system as their delivery boy, causing tremendous losses in the u.s. and putting numbers of retailers out of bu

, deirdre. lot of folks saying a trade war is the reason. is it? after this. liberty mutual stood with me when this guy got a flat tire in the middle of the night. hold on dad... liberty did what? yeah, liberty mutual 24-hour roadside assistance helped him to fix his flat so he could get home safely. my dad says our insurance doesn't have that. don't worry - i know what a lug wrench is, dad. is this a lug wrench? maybe? you can leave worry behind when liberty stands with you™. liberty stands with you™. liberty mutual insurance. . neil: all right, we've got d down now over 380 points, and a lot of this built on the trade war, or trade friction, the tariffs the president is going to announce formally next week on steel and aluminum products coming to the country, largely from asia. does he have legal standing, forget about political standing. steel markets do not enter -- judge andrew napolitano, what do you think? >> too much power in the hands of one person. he can set the tariff at any rate he

to fox business's deirdre bolton and charlie gasparino.rdre, the big banks are bigger than they were before the bailout. so it is not inconceivable, is it? >> it is not inconceivable, but even most of the people involved in the deal-making 10 years ago say it is unlikely. we have the new fed chair, jerome powell, he was asked in november, are the banks too big to fail? he said no. the consensus seems to be a bank would be allowed to fail in this day and age. according to dodd-frank it is illegal. there is an order, for the government to be involved and there is an order of liquidation which would happen, essentially, let's say let the shareholders cry and then there would be a liquidation of assets. charles: do you believe it, charlie? >> i will do a little humble boast i broke most -- charles: that is unusual. >> this one is real for a change. i broke most of the stories about the financial crisis at cnbc. charles: you had a best-selling book. >> the sellout and bear. what is interesting about bear, it was never really catalyst of the fin

this just says please send me outside, please. >> exactly they saw you walking in we'll have deirdre you know what she's the right person. >> well done, thank you deirdre, we'll get away from the weather back to tariffs it's the way we roll around here tariffs and weather and there is the president and his tough talk on tariffs, maybe timed for a pivotal congressional race in the state of pennsylvania, something we mentioned earlier that's coming up next week we'll talk about how that all plays into what's going on when we come back. two, one, fadeaway. that was awful. why are you so good at this? had a coach in high school. really helped me up my game. i had a coach. math. ooh. so, why don't traders have coaches? who says they don't? coach mcadoo! you know, at td ameritrade, we offer free access to coaches and a full education curriculum -- just to help you improve your skills. boom! that's lesson one. education to take your trading to the next level. only with td ameritrade. i want you to pick a new truck for your mom or dad, knowing that they could possibly pass it down to you one

we have deirdre bolton. reporter: facebook won't be regular lailtd out of existence.t will be regulated. this is the second strike. back in 2011, they talked about how fab * processes and stores and uses our data and a set of guidelines was adheres to. if through this cambridge analytica, there are also could class action lawsuits. you mention the states attorneys general. 37 have started investigations into facebook. from a business standpoint, mark zuckerberg has to go to d.c. and hire more lawyers. i think it becomes a business problem. do you hire more human engineers who cost money, who want vacations and need healthcare to work at your company and thin the profit margins out? tom: if i ever happen to read the terms and conditions of anything on can * they are ridiculous. facebook can do whatever they want with data. reporter: that may change. i think facebook will have to be clearer and you will have to say allow or don't allow. right now the burden is on you to start going through your settings. tom: it says default is in. reporter: sometimes when you are e-com

hey, deirdre >> hey, that's right i'm here with dave mckay, who just got off the stage here with ginthers you're talking blockchain, a.i., all of the buzziest technology here at the conference i want to delve into what we have seen. you're expanding your business in the u.s. in terms of focusing on wealth management and capital markets. what have you made of the volatility we have seen in markets this year? is that good for your business or are you worried about a bigger correction? >> volatility affects our clients in different ways from our asset management clients who may want to hedge their portfolios, but generally technology is driving volatility and uncertainty in our market. i love warren buffett's comment that in a short term, markets are voting machines, but in the long term, they're weighing machines what you see at this conference is people are trying to understand what technologies are going to move and what business models are getting impacted. when i was on stage, i talked a lot about business architecture disrupt and technology architecture disruption. markets are str

earlier trading the company now being investigated by the federal trade commission, among others deirdrefrancisco with the details >> tyler, a long list. since that ftc development, mark zuckerberg has been invited to testify at a judiciary committee hearing on april 10th. a company spokesperson said they're reviewing the invitation this comes as the heat rises on him to do so from lawmakers including mark warner over the weekend, who took to sunday morning shows saying he's the right guy. he can't send a staff. also, today, as tyler mentioned, the ftc opening a non-public probe into their practices which could hit them with a massive fine in full-paged ads in american and british newspapers on sunday, zuckerberg is apologizing again, in large text, he writes, we have a responsibility to protect your information. if we can't, we don't deserve it but even that, guys, tanlted by yet another development in a post yesterday, facebook acknowledging that it's been logging the text and call histories for some android users calling it an opt-in feature and saying it never sells the data or seein

coming up, deirdre bolton will explain how this affects your 401(k).ittle hint: it's not good news. hey! we didn't have a homeowners claim last year so allstate is giving us money back on our bill. well, that seems fair. we didn't use it. wish we got money back on gym memberships. get money back hilarious. with claim-free rewards. switching to allstate is worth it. >> trace: let's take a live look at the dow. thank goodness it's friday. the dow is down before 35 oh points. about $50 billion worth of chinese imports, china responding with its own tariff plan. i feel like you and i are doom and gloom. >> yeah, we should take this on the road. this is a severe sell-off. so, the dow levels that you just mentioned are below the february a+, and if you recall from that time, that was when the dow was in correction territory. so 10% off of its recent high. this could trigger even more selling next week. i hate to say it, but it's true. we are now down for the third straight day in a row. take a look at the s&p 500, and the nasdaq. these are both at the two ye

neil: joe borelli, and fox business' deirdre bolton and last but not least my good old buddy, charlie the amazon thing first. >> story in axios that said trump hates amazon, thinks bezos controls the "washington post"'s editorial direction that attacks him constantly. wants to break them up. neil: he has and his people say amazon gets favorable treatment. >> they do get favorable treatment. neil: explain that. >> if you own the stock, do you sell it now thinking they're going to come under a lot of pressure. i'm going throw a couple things out there. reporters are often, i'm not saying this is what happened with axios, but reporters are manipulated by people who are long or short a stock. that's why people call you, right? here's some confluences that make me wonder if this isn't planned by a short seller. number one is all the comments in the axios story, it's a thin story, three lines across, basically known, trump is talking about this for a long time. why now? at least expressing his hatred for bezos and amazon and "washington post." so why now? that's number one. number two, if y

with the raising of the prices this is about defrauding investors that's what this case is about deirdreing it for us what's the latest? >> connell indeed i'm in front of the courthouse he is actually crying inside. that's what we're hearing from the person who is in the courtroom for us, and as you said connell, he's not really crying about necessarily what he was found guilty of this summer, he's probably been crying because he's been in jail since september and is likely to be sentenced today for at least a decade more so his defense attorney is asking for the judge to be lenient on him and give him only 12-18 months, but listen, it is possible that he goes to prison for 15-20 years, so the security fraud he was found guilty of this summer basically lying to investors, connell and then being charged with trying to manipulate stock prices so technically that's what he's in trouble for but he's done so many stupid things since then that the judge it seems like really wanted to make an example of him so for example , he put out what he now calls a prank on his facebook page but he has 70

neil: he would be his own worst enemy deirdre.liant guy i take nothing away from him but e electrifying, no. >> no but he absolutely has to and remember that interview he gave last week saying well if i'm the right person to do it if the controlling shareholder, founder and ceo is not the right person to do it i'm not quite sure who is the right person. neil: yeah, technology officer to london for that one right? >> in fact he is and they've named facebook has actually named chris cox is one of them or somebody else, but yeah, he's not going to get on a plane, mark zuckerberg is not getting on a plane going to london but one of my friends tweeted this out i had to write it down. i'll pay my taxes, raise my kids and obey the law if i'm the right person. neil: [laughter] >> the point is of course he's the right person, okay maybe he gets himself in trouble but honestly the company is already in trouble. i mean this is the second -- neil: do we know whether they're losing users though or people are deleting their accounts? i understa

and administration rather calling out russia for launching cyberattacks on america's power grid, deirdre bolton has the details. >> charles the department of homeland security and the fbi says russia has been leading cyberattacks on the u.s. since at least march 2016 targeting american electrical nuclear water, aviation and critical manufacturing properties. a director for digital security firm says that russian state hackers basically had what they needed to manipulate or shutdown american power plants. that particular expert says all that is missing is some political motivation, so if there's civil unrest here in the u.s. it could be made worse by shutting down a water system or an electrical grid or unrest could be caused by shutting down a water system or electrical grid. american officials say russia has successfully attacked the ukrainian power grid making 200,000 citizens there lose power. energy secretary rick perry yesterday using the word "war fair" in a hearing thursday morning he says cyberattacks are literally happening hundreds of thousands of times per day. the warfare tha