the cofounder of facebook with whoerberg and rosenstein, famouscreate facebook button.n rosenstein, welcome to the show. asana's valuation is at $900 million. great to have you back on the show. button. justin rosenstein, welcome to the show. what is this money going towards ? justin: one, being able to grow internationally. we have a huge footprint internationally. 192 customers have -- companies -- 192 countries have customers using asana. we want to enable more teams to work together. more price -- more enterprise growth and expansion across verticals. emily: what sets you apart from the other workplace collaboration apps, slack, facebook, microsoft, the giants trying to get into this space? justin: companies need three pieces of software to be able to collaborate effectively, messaging, things like slack, files, like google drive and dropbox. there is a huge gap left around who is doing what by when and having the clarity you need to have responsibility tracked well, for everyone to know what the plan is. we are tracking it. this huge ascent -- this huge market that

is you know great incentive on the part of facebook to do something the fact is that facebook changes their algorithm all the time but they don't always make an announcement about it so the fact that they made an announcement about it is probably a response to that very challenge the changes to facebook's news feed will have a far greater effect on news producers than consumers consider the lengths that publishers have gone to to make their material work on the platform the instant articles feature launched in two thousand and fifteen forced news outlets to reformat their articles in order to conform to facebook's mobile app all those social videos on the site news outlets telling their stories through text onscreen sparing facebook is the bother of turning up the sound shooting or formatting their videos vertically rather than the more traditional horizontal view those innovations were made because that's what facebook's layout demand the relationship that news organizations have had with facebook has always been complicated now having been given notice of being deemphasized in the n

facebook actually could do. and tony martinez worked at facebook from two thousand and eleven to two thousand and thirteen and played a central role in developing facebook's micro targeting system. responsibility there was a product manager for ads targeting which meant basically turning all your user data into money for facebook what role do you think facebook played in donald trump selection huge i mean political pundits get things wrong all the time right but a well trained machine learning algorithm trained on good data doesn't often come up with the wrong answer and i spent years building tools to basically defeat human reason or human error you know dominate human tastes it's very weird but don't you think that can be a real problem when used as political candidates in their messages rather than consumer products right now i think politics are somewhat different right at the end of the day our democracy and our political system depends on it and that's frankly more important than selling a pair of shoes li

on facebook will be better. about what facebook shows us in our news feed. from now on the company says it's going to downgrade professionally creative content from businesses, brands, and media organisations, and upgrade personally created content from people we know, from real human beings in our network. in a post on facebook last night, ceo of mark zuckerberg said, it's all about making sure that time on facebook is an emotionally uplifting experience. we are in a really interesting space in the tech community right now, which is to say, how do we harness this addictive nature, the technologies that we've built, but to contribute to something that's going to be a net positive for an individual or for a society. we don't exactly know how to measure that yet. this is all a new and emerging space. but what today's announcement from facebook symbolises, to me, is that the senior management team is getting behind this and is trying to actually get ahead of a wave, a current of people, thinking more carefully abou

going on air going back to them either on crist for the last two years or what facebook is doing. hello i'm richard gives birth in europe the listening post here are some of the stories we're tracking this week facebook makes an about turn on news content what the new policy means for media organizations and you the news consumer a legal battle looms in the philippines where the authorities want to take down an online news site defectors from north korea and the treatment their stories get on south korean television and spending quality time online more please you need to have a well educated understanding of how bad things will get if you're not on your phone the facebook is taking a big chunk of the news out of its news feed and in so doing retreating from a crucial part of its business having transformed the way billions of people consume and share news online in some cases the way news organizations produce it facebook is junking that approach replacing news with more content from your friends something had to give venturing into the news business has brought facebook revenues

>> yes, it's with their identity. >> because facebook pulled the premise and the point of facebook's business model is to keep you on facebook. >> not to get the truth or the news around there is to get you around somerset if you get objectionable news, you'll go away, why wouldn't they tear back? that's what gets me. >> it seems to make the filter bubble problem which is one of the original problems we talked about before when the new season came around, one of the things i want to ask you about is one of the factions they're now including when they dodge a news source is loupg the comments are on an article that someone checks, that to me is strange judgment. it's a lot of rapting trolls out there who can write you like four paragraphs under an article. it doesn't mean that's the best article. >> no i always tell my grandma, don't read the comments. they're not always the most productive thing in the world. i mean, look twitter has figured out how to verify legitimate people on twitter. facebook has this existential crisis and can't figure it out. it's nonsense. >> we started with

facebook wants you to not only consume facebook passively, but to share stuff.khat makes valuable to advertisers. one cynical take is that facebook is doing some the good is good for its business and painting it as it is doing something good. havea something they might done independent of this whole conversation about facebook and its place in the world. the other thing here, when you think about it, facebook keeps correcting itself. mark zuckerberg at the beginning of the year wanted to figure out facebook's place in the world and to make sure that time on facebook as well spent. that last year, and the company has struggled to figure out how to police the stuff. cleart know if it is anybody inside of facebook, and certainly not outside of facebook, how they could do this and balance the social needs with the needs of their business. the stock has continued to perform well after a little bit immediately after mark zuckerberg said that users would be spending less time on the platform. investors think this is good for business, but what does this mean for the wo

so they had to be active on facebook and now facebook in a way of saying you're not going to get the same attention so what options is that leap does that mean they have to pay now to pay more about times what does that mean for full media companies and full for other businesses that rely on facebook by now we're not just businesses but think about organizations think about charities you know organizations that need that outreach but obviously businesses to have l. would be among i don't see this you know we depend on facebook as well as other social networks to reach out and to to form a core audience it's a very important part of our work here we have products that are geared completely towards social media and facebook in particular one of them of course is dress code which you're familiar with as your series on men style that's very popular for us that's one of our biggest products the question now is and what we're starting to look at is what happens address what happens to the other products we make exclusively for online and for facebook how do we get them to still get the sam

so they had to be active on facebook and now facebook in a way of saying you're not going to get the same attention so what options is that leap does that mean they have to pay now that to pay more times what does that mean for full media companies and for for other businesses that rely on facebook by now we're not just businesses but think about organizations they've got charities you know organizations that need that outreach but obviously businesses to have l. would be among those you know we depend on facebook as well as other social networks to reach out and to to form a core audience it's a very important part of our work here we have products that are geared completely towards social media and facebook in particular one of them of course is dress code which you're familiar with as your series on men style that's very popular for us that's one of our biggest products the question now is and what we're starting to look at is what happens address what happens to the other products we make exclusively for online and for facebook how do we get them to still get the same attention a

lawmakers on both sides of the atlantic have made it clear they're coming after facebook the u.s. congress is looking into the sights of fact on the two thousand and sixteen presidential elections when it was manipulated not just through posts from russian troll farms but through the placement of political ads from foreign actors that facebook was paid for that's a leaf the european union has passed a law that goes into effect in four months it will restrict the way personal data can be collected stored and used and proposes heavy fines for companies like facebook and google should they break the new rule germany has a new law allowing for fines of up to fifty million euros if ace book or any other major social media player fails to take down obvious cases of hate speech and fake news quickly francis threatened to find facebook for taking user data from what's out which it also owns without user consent the list goes on others have said things they're facing is this how they handle illegal content like child pornography on their platforms how they handle content that could be dama

and the business of facebook? all remains to be seen, it is pretty clear from my analysis of the data i have that uses per was already falling. in large part, this may be responded to trends that were already occurring and to the extent that they are recognizing that there were real problems with the experience, they are responding to that, that is positive. from a perspective of the that facebooktem has made itself a critical part of, this is bad news for publishers in general, at least initially to the extent that they have been relying on facebook for distribution of their content through organic means. facebook will just be a less important place to go and from an advertiser perspective, it is not clear but if there is less consumption, one might visibly assume that there will be less inventory for ads. that is not entirely clear, there may be the same amount of inventory as before. emily: what do you think this has to do with facebook's concerns about user engagement versus concerns about meddling in the elec

from facebook?ey get this right, you : are able to cut out the bad stuff. maybe the russian propaganda, new sites relying on dubious sourcing are making stuff up. i think, to audrey's point, the problem is that facebook's interests are not aligned with the interest of publishers. publishers care about their brand and want readers to know who they are, and as far as facebook is concerned, the matter with the algorithms are and what mark zuckerberg says, they want for them not to think about brand but think about here is this think that all my friends are telling me, at least interesting things. that kind of runs counter to everything that normal media has done in the history of business. meantime, facebook is also apologizing for certain things, in a blog post, social media seemed like a positive, ls last u.s. presidential campaign change that with foreign interference, with the rise of fake news and echo chambers. they are admitting that facebook can hurt democracies. is that enough for you? audrey:

is lots and lots of people have left facebook or boycott facebook or never been on i mean. it's a very tough challenge and what we have been seeing for example is a lot of young people young generations moving to other platforms such as snapshot or instagram and facebook has become in a way less cool and more of a place where parents or grandparents post their pictures with their cats so it's going to be a tough one here to convince these young people that facebook is indeed it's a cool place and it's also a place where they can be hung out together with their parents and grandparents and see if it is cool the competition certainly does not slate federica baggio thank you very much for coming in from a social media desk and stephen basically from his status. just updating our top story the euro has surged on germany's political breakthrough after marathon talks the nation is closer to forging a program european governing coalition was doing business with the. ukraine village surrounded by trenches. the second a rocket could destroy someone's home electricity water and food

. >>> top tech insiders sound off, accusing facebook of putting profit over people. >> facebook's a living, breathing crime scene for what happened in the 2016 election. >>> and a massive storm stretching from houston all the way to boston. why forecasters say it's hitting at the worst possible time. >> announcer: this is "nightly news" with lester holt. >>> good evening, everyone. welcome to our viewers in the west. these are anxious days for almost three-quarters of a million people who grew up in this country and who carved out a piece of the american dream. tonight their futures are in an immigration limbo as a deadline to the end of the so-called d.r.e.a.m.ers program fast approaches. democrats and republicans are each insisting they want a deal that would allow d.r.e.a.m.ers to stay in this country. but with both sides at odds over the terms, lawmakers are weighing a risky political gambit, shutting down the government our chief white house correspondent, hallie jackson, tells us what and who is at stake. >> reporter: between her three auto shops, her three kids, and the college degr

it accounts for 85% of the revenue for facebook, any tweak

facebook's new app promises parents that control the children's out this installed the parents facebook account every new contact needs to be approved by the adults that's intended to protect kids from dangers like pedophiles the app also filters content like pictures and hateful comments. after those kinds of colorful features like maps and stickers in response to facebook competitors like musical or snapchat. they're far more popular with youngsters technically kids under thirteen aren't old enough to use them which facebook is capitalizing on. the think the key thing to remember is that parents are in control of the entire experience i mean your child cannot set this up on their own you have to be there to set it up with them we make sure that. throughout the process they are controlling the contacts they prove each and every contact if they're comfortable for any reason they can go and read a contact in the child cannot reform that connection i mean that if their child reports or blocks they get a message right away. should kids be using messenger apps in the first. place many paren

within the last week, facebook deleted the facebook account and the instagram account, facebook ownsgram of the president -- ae texan republican monstrous tyrant, not much doubt about that, there are credible reports he is presiding over the torture and killing in some cases of lgbts within his republic. he has killed and kidnapped and tortured political dissidents and has free reign over the republic although he reports to moscow but has autonomy over how to run the chechen republic and is an awful tyrant. when facebook decided suddenly to delete the accounts of the head of the state, who had a total of 4 million followers, they did not say we are doing it because he is an awful tyrant who has done the things i just said. they said the reason we did it is because he was placed on a list the united states government state department manages and the treasury department manages in which he is now the target of sanctions, which means under the law we, facebook, are obligated to obey the dictates of the united states government and no longer allow him to use our services. this rationale

javier: anuncian cambios en facebook.ores de la red social quiere volver a su objetivo inicial, ayudar a que las personas se conecten entre sÍ. carolina: parece que finalmente facebook estÁ escuchando. dice que cuando uno estÁ muy metido en las redes sociales puede afectar a cÓmo te sientes. carolina nos va a contar un poco mÁs sobre estos cambios especÍficamente quÉ va a cambiar cuando entramos en nuestra cuenta de facebook. carolina: quiero contarte que estÁ cambiando. lo que hace facebook es bÁsicamente estar mucho mÁs enfocado en la comunidad. facebook lo que va a hacer es mostrarte mÁs cosas de los contactos que tienes, mÁs que de las informaciones y los medios de comunicaciÓn. el foco es ahora encontrar cosas de la comunidad. si observas tu perfil, ya se han ido produciendo ciertos cambios. hoy te muestra eventos que estÁn cerca del lugar donde tÚ vives.. de aquÍ en adelante lo que dice facebook es que se va a mostrar mÁs informaciÓn relacionadas al lugar donde tuyos y relacionado con tu comunidad. te cuento que es

be caught dead on facebook now the question is maybe they'll go from facebook to instagram or snap chat but at some point i think this generation of so-called digital natives is just going to get bored of all this thing so i think and i've been saying this for years that the real reaction to social media and technology is going to come from the digital natives the people who have grown up with this stuff and i just bored and disgusted when they just going to go back to the basics are they going to go with something like artificial intelligence and connect their brains to a computer and i think what you're going to see is an interesting new book out called the revenge of analog you seen in the way in which this young generation is embrace vinyl records you see in the way in which they now buy most skin pads you see in the way that they're starting to write letters again you're seeing it in the way in which the physical books survived against the digital book the digital book did well for a few years and now no one's reading on no one's reading on there can go there or buying books again

there is nothing wrong with facebook's multiple. what is wrong is that sentiment is as bad as the stock could be. qb -- >> there is an attack on big tech in some ways. congress the government. >> massive growth. they still -- >> how do they have massive growth. >> 61% growth. >> 2.8 billion people in the world. many don't have internet access. >> still able to make money off of it. wall street talks about monthly active users and the growth there. they are still making a ton of money. let's not make too much about how many active users. we know there is only so many people on the planet, only so many with a computer testimony cross section of those two with facebook, there are only going to be so many of those the growth is instagram and all the other properties they have i would not be afraid this quarter. it's not a terrible quarter. it just missed what everybody was expecting. that's an opportunity for me. >> i think you are right i think it has to do with how do they monetize the users they have that's when you think, they don't

facebook might be less good socially -- people might not want to be on facebook, what about instagramsenger? can they develop those platforms and bring out more revenue and making up for the kleins and facebook itself? declines.e >> interestingly, even though instagram has a lot of issues, it is not generally discussed as the same socially dangerous platform that facebook itself is. in a way they have an incentive to push more traffic towards instagram which is somewhat a neutral thing. to monetizetinue that platform, and young people are heavily using instagram over facebook now. scarlet: that being the case, it is frustrating for investors that they don't break up too much information on instagram, we are guessing. >> they don't, but i think it will soon start because the numbers will be very high. joe: on the question of people turning on facebook -- is some of this groupthink? are all the elites and intellectuals anxious that this is so bad for society? populare still companies and industries and how they are pulled and people like tech companies -- is some of this, it is the cool

that it isn't a facebook set out to cause problems. these are good people. but they weren't thinking about it. they just plain were looking at it without imagining that all of these tools that are great for proctor and gamble could be used by the russians and other bad actors who do terrible things and there has been really dozens of examples of this. and they continue to pretend like none of these things are related. and our point and his point is the way they've run the company, maximizing growth at every step, this was an in -- inevitable out come. if they don't step up to fix it,

runs through a parent's facebook account. we know that kids are getting devices younger and younger especially the last several years so we went out to talk with families about ok kids with devices and technology and what were his thoughts about it if it was mentioned that they really wanted kids to connect but at same time they were concerned about the connections they just want to have more control. facebook's new app promises parents that control the children's out this installed via other parents facebook account every new contact needs to be approved by the adults that's intended to protect kids from dangers like pedophiles. also filters content like pictures and hateful comments. those kinds of colorful features like maps and stickers in response to facebook competitors like. or snapchat. far more popular with youngsters technically kids under thirteen aren't old enough to use them which facebook is capitalizing on. think the key thing to remember is that parents are in control of the entire experience i mean your child

at facebook dot com slash a.j. newsgroup you can also send us a what's up on the plus one seven four five zero triple one one four nine and use the hash tag a.j. news grid now don't tread on us that's the message from pakistan to the united states the warning is in response to the u.s. suspending military assistance to islamabad pakistan's foreign minister told the wall street journal that the white house is not acting like an ally the u.s. has cut millions of dollars worth of aid to the country it blames the government for failing to take action against taliban fighters targeting u.s. troops in neighboring afghanistan the foreign minister went on to say that the u.s. was trying to turn pakistan into what he called a whipping boy intil the pakistani government takes decisive action against groups including the afghan taliban and how conny network we consider them to be destabilizing the region and also targeting u.s. personnel we need pakistan to deny safe haven to or lawfully detain those terrorists and militants

no pleasing big business leaders they want more of less less tax less regulation also coming out facebook is set to overhaul its news feed to prioritise posts by friends and family over companies forcing firms to reconsider their social media strategies and from the c.e.o.'s in las vegas a table tennis robot may seem trivial but it brings together the cutting edge of multiple technologies. and daniel winter and this is your business update if you are on a domestic focus business in germany there's some good news from the political talks on friday attacks to help eastern german states dating back to the ninety's will be cut that should help drive consumer demand infrastructure investment the very fact that the new government could be on the horizon is a relief but exporters and multinationals are taking a pretty dim view of the talks outcome most business representatives and economists seem to think it's all been much ado about nothing responses to the outcome of the c.d.u. c.s.u. s.p.d. exploratory talks on a new coalition with decidedly low key german chamber of commerce president eric's

representatives from facebook, google, and facebook -- and extremism.e online there were before the congressommittee, and a lot of the same topics that came up investors hearings on russian interference and the election we are there heads once again. perhaps the most higher warning came from senator john from montana. this is an important issue. from a terrorist that point, and all the questions asked before. our democracy is at risk here and went to get it done right, and very quickly, or we will not have a democracy to have you here. emily: out to bring selina wang who covers the story for bloomberg. who was there in person. anchors what your impression was today, the general sentiment among lawmakers and how they responded. you heard solid questions from both democrats and republicans. you heard the tech companies on the defense, making the claims have been making, that they have made incremental improvements, but you heard there were some gaps, and lawmakers were pressing them. andking to a terrorist use the wide range of issues of nefarious acts on these platforms. the general take away

emily: facebook has been making overtures, shaking the right hands, and yet we saw facebook's whatsappecently blocked. instagram and facebook are still blocked. do you see a scenario where facebook can have a substantial presence there? kai-fu: if i were mark, i would definitely launch oculus. i would work hard in getting more chinese companies to see facebook as a platform for ads so that chinese companies can project positive images worldwide. i would consider if i were either google or facebook launching the open source ai projects in china. china wants to be a world leader in ai, so there is a case where the interests are aligned, so it is always better to start in an area where the interests are aligned, rather than go into an area where there is conflict in values. ♪ emily: what do you think of the approach the trump administration has taken to the chinese government? ♪ emily: president xi and the government have been more rather than less strict when it comes to the internet, shutting down vpn's for example. is it a mistake? kai-fu: i really don't know what are the root causes a

material mr back before facebook we all have. showed an aunt who was forwarding articles that she closed by email before facebook existed. and facebook was her main part of that i think it's it's a cognitive challenge to tell people don't don't trust ordinary people either in some level and take the same kind of don't understand. and where do you place your trust them. i don't know if i think that cynicism as much as i think it's about opportunity the thing that facebook did. that they did for their own reasons but has had this outcome is they haven't provided us with any opportunities to sort of experience or to come across or. that confirmation bias which is the thing where our brain like seeks out the things we already think and then build up from that as a heuristic because there's too much stimulus for us to you know understand all of it and that's something that everyone experiences oh yes everyone since the dawn of humans that's because like the world that we live in is too stimulating you have to narrow down on to somethi

facebook is down 4%. his worst day since the end of november after the company prioritizehanges to not brands.family, mark zuckerberg says people might disband less time on the changes,ecause of the but the time will be more valuable. investors are a little shocked by the declines. the s&p 500, looking at some of the department store-related rbc and jpraded morgan went overweight from neutral. citing tax reform, brick and mortar stabilization, and other factors. this is giving a tailwind to the entire department store space. let's look at the 10 year yield. up three basis points after cpi inflation data came in hotter yields rise.lping the bloomberg dollar index is fluctuating on for its worst day on the year. typically when yields rise a should support the dollar. last year we had the worst decline since 2003 for the dollar. the bear sentiment on the dollar continuing into this year. this is a long-term two-year yield. it is above 2% for the first data mark. cpi it is above 2% for the first time since se

would that not increase user engagement on facebook? is the thinking that it will decrease? >> i want to step back and look at the broader picture. mark zuckerberg is not just making a feel-good decision, he is making a business decision. over the past two quarters, engagement on facebook has decreased, because as some say ofhas become a negative pool russian manipulation. zuckerberg realized this puts facebook in an enormous euro crisis. -- and or miss pr -- neormous pr crisis. this could term, establish a stronger relationship between facebook and users. we have seen consumers again to distrust social media platforms. all of the revelations of manipulation and dissemination of propaganda. it is about bringing that back. this could also improve the perception with advertisers, and may want them to switch their ad dollars to a trusted platform. smallspeak to a few inside businesses. a startup said he is very upset -- most of his at dollars are on facebook, and because of this deep prioritization, he thinks making content is not worth hi

to pay up for the use surely that would mean more profit for facebook so what's going on. right it's laws as seem to be more of an over reaction than anything else and said this social network has claimed today to be prioritizing friends and family post over businesses for more than a year and at least here in wall street agree that the impact of these a changes on facebook revenue are still unclear but at the same time is important to keep in mind that these changes are done from opposition of a strength since their facebook shares have searched nearly forty percent in deposit twelve months ok and there's reasons other than money behind this what's the benefit for facebook's reputation. for now dany always hard to say what is true is that over the past year face was reputation has a taken a major heat following revelations of russia's manipulation of social media platforms it during the u.s. election and increasing that privacy concerns and the situation has increased scrutiny from the u.s. and european regulators ok so maybe facebook could becoming more social if you wan

only facebook has that data, and the question becomes, can we trust facebook for telling us the truthlly a year ago, mark zuckerberg said it's a crazy idea that fake news had any input best impact on the election, and they continue to delay and defer the release of the information. as roger and i, and many other researchers the lots of background research and found that the russian campaign had influenced 150 million people. facebook did not admit that until the day of the november 1 hearing. if they are telling us we should trust them to self regulate, they have not really won our trust. started calling attention to this when you were at google from 2012 to 2016. what the first google memo, and said something within the company. what were you raising alarm bells about, and what was the response? >> the memo in 2013, i was a product manager, and i didn't think were taking our responsibility seriously. i made a presentation that basically said never before in history has 50 engineers, 20 to 30 years old living in san francisco influenced what a billion people are thinking and what they

>> we spoke to facebook investors who have been on a tear about facebook responsibility.are suggesting perhaps even two from facebook. it is the -- is that something that facebook whatever do? keeps announcing it seems like every few days there is another thing they will attempt. allow the ranking of news and algorithms, so they will take small steps. i think everything is up for debate. news is moving from 5% of the content to 4%. they are trying to focus on friends and family. they are really doing a comprehensive look at exactly what facebook should grow up to be. >> what facebook do to make sure it has a positive impact on democracy and how does it remain neutral, which is the ultimate goal question mark asked it is incredibly interesting because as they build out things to be ,eaningful and time will spent they are saying i'm not sure what that looks like on an earnings report. the company has been saying they have a lot that they can do to make democracy better around the world. they are trying to make information from ballots and you can check from your friends wha

does that mean that facebook is resilient or people are randomly -- >> facebook is going to have a little bit of support here at some point i think in the price but it's a matter of, look, these guys are deciding to take their own hit and they will have to see it to do the numbers. >> next week is going to be busier with earnings we'll get ready for that have a good long weekend see you tuesdays let's get to the half. >> and welcome to "the halftime report." i'm scott wapner our top trade this hour. stocks at new records again and now on track for the best start to a year since '03. our question is simply this. if you haven't fully bought into this real should you or should you just wait for a pullback is a pullback ever going to come with us for the hour, josh brown, steve weiss, jim lebenthal and erin brown the head of asset allocation at ubs. let begin with the new records again for the major averages along with the transports, the small caps and bank earnings beat weiss, at some point you run out of ways to describe this incredible rally. >> it's incredible, and it's a little scary, b

>> i mean, when we look at facebook, we see that facebook holds a completely data driven business modelhere is so much in the way of how facebook is hindering competitors. we look at a different angle here >> we do believe that we have a kind of exploitive abuse in this certain sense because data is the new currency in the internet in the web i think you can compare use and the harm is if facebook holds a dominant position and if facebook forces the consumer to hand over the data in a way that is not in line with privacy and data protection regulation, this might be kind of exploitive abuse. in fact, that is the theory of harm that by asking for all the data, the facebook might exploit consumers to a certain extent. so if you want to transer if it to a monetary driven business case, it's kind of a effective pricing. >> okay. data, massive data collection. antitrust the first times we're seeing that. thank you, president of germany's federal cartel office. >> and whether we come back, the fallout continues over the steve wynn sexual misconduct allegations. we're live in las vegas with th