instead, mark zuckerberg has managed to talk himself into another controversy.niers on facebook, of which there are a significant amount. he said he found it deeply offensive, but crucially, he said i don't think they are intentionally getting it wrong. and those words, "intentionally," many have taken serious issue with, condemning that as a view and thinking holocaust deniers simply have no place on the network, and that they should be covered by facebook‘s hate speech policy, which isn't allowed on the network. and so while mark zuckerberg, himselfjewish, is saying that he finds the comments offensive, he doesn't think the policy should be to remove it. instead, he clarified later they're going to reduce the distribution, so not delete them, but make them harder to see. many people don't think that's enough, and facebook once again this year is facing huge amounts of criticism. it does seem bizarre from a man who isjewish, clearly smart. it seems naive and unthinking to suggest that holocaust deniers are not intentional or malicious, that they're just kind of

a facebook furore, as mark zuckerberg says posts from holocaust deniers should be allowed.nd it's been buried for 2000 years, but what's inside? an egyptian sarcophagus spills its secrets. hello. russia's president, vladimir putin, is being invited to washington by donald trump in the autumn. that news seemed to come as a bombshell this evening to the us director of national intelligence, as american security services still struggle to find out what was agreed earlier this week in the us president's closed door meeting with president putin. the white house, still underfire for mr trump's bizarre performance at the press conference after the putin meeting, has now said it will not allow russia access to 11 americans it wanted to interrogate, including a former ambassador. here's that news being broken, in public to dan coats, mr trump's own appointee as us director of national intelligence. he was on stage at the aspen security forum, with msnbc‘s andrea mitchell. we have seen breaking news, the white house has announced on twitter that vladimir putin is coming to the white

it is looking particularly painful for mark zuckerberg i have to say.cted tech journalist in silicon valley named cara swisher and it was so valley named cara swisher and it was so that he could go into the various m essa 9 es so that he could go into the various messages and views it has on dealing with problems facing the site which as we know this year have become a real issue for the network. instead mark zuckerberg has managed to talk himself into another controversy, speaking about holocaust deniers on facebook, of which there are a significant amount. he said he found it deeply offensive, but that he saidi it deeply offensive, but that he said i don't think they are intentionally getting it wrong and those words many have taken serious issue with, condemning that as of view and thinking holocaust deniers simply have no phase on the network and that they should be covered by facebook‘s hate speech policy which isn't allowed on the network. while mark zuckerberg, himselfjewish, says he finds the comments offensive, he doesn't think the policy shoul

does me mark zuckerberg is shaken up by what's been happening. i get the sense he is. one of the things in this book, one of my former graduate student, a brilliant professor at the university of wisconsin milwaukee cup he's been a couple years assembling an archive he called the zuckerberg files where he has catalogued every public statement mark zuckerberg is ever made, everything mark zuckerberg has posted on its own facebook profile and every speech he has made and every video interview he has appeared in. i went through hours and hours and hours and weeks and days of mark zuckerberg talking in price context, mostly with immediate training and very carefully structure but sometimes especially early in his career a little looser. i can't say i know mark zuckerberg but i think i know as well as anybody who hasn't met him, if that makes sense. my sense is that he is overwhelmingly naÏve, fundamentally uneducated he just never ever confronted the inhumanity of human beings, the potential cruelty of human beings. so in those areas i think he was caught by surprise and h

max: one problem is that mark zuckerberg basically has to be james madison and john adams and benander hamilton a franklin. i think in this case we are not looking at a classical constitutional conveso much as something like the magna rta, with the u.s. government weirdly playing the role of nobles confronting king john. this is a thing where you have a bunch of different institutions like media, the government, t facebook itselt all have a set of desires and needs out of it. letting mark zuckerberg said -- sit by himself in his office and deciding what is company can do is not the best way to determine if it is beingately regulated. laura: do you think facebook will go for this grandiose idea? max: mark zuckerberg's public statements indicate to me at least that he understands the difficult position he is in. he seems to publicly have a real commitment to understanding his platform as a kind otown square or public space. he has spoken about creati kind of facebook supreme court.u heerstands that he has the most powerful media publication on the planet, and it functionst as a wt people

avenatti didn't offer any evidence to support those claims. >>> facebook ceo mark zuckerberg is under pressure this morning facing new calls to step down after his company suffered the biggest one-day loss in value. of any public company in history. zuckerberg himself lost $16 billion, but he's worth about $77 billion, and analysts say people are unfriending facebook, angry over its response to privacy concerns. this morning, a new call to fire mark zuckerberg. shareholders are now trying to replace the facebook boss as chairman after the company lost $119 billion in market value on thursday, the total value of some of the country's biggest companies including nike and mcdonald's. one company is demanding that zuckerberg relinquish the role as chairman because, they say, of a lack of oversight of facebook mishandling the number of severe controversies. this business professor isn't suggesting that zuckerberg needs or will step down. but said that facebook could now be too complex for the 32-year-old billionaire. >> you don't learn in computer science the techniques of managing a globa

say that facebook won't delete these holocaust and i think the point that mark zuckerberg was trying to make in this interview is that facebook users should be able to essentially be wrong so you know that even clued the topic of huge significance like the holocaust which content facebook decides to delete over move from the platform this is a huge question facing mark zuckerberg right now and this is basically what he was being asked by the interviewer from recoat in this case a carer swisher she was addressing that and she essentially asked during his pocket why don't you just take down content that is demonstrably false mark zuckerberg gave this example take a listen. and so i'm jewish and there's just sort of people who deny the holocaust right i find that deeply offensive but at the end of the day. i don't believe that our platform should take that down because i think that there are things that different people get wrong either i don't think that they're intentionally getting a wrong. so that answer especially when he implies that holocaust deniers are simply unintentionally mi

now, with the stock drop, facebook's ceo mark zuckerberg is now the sixth richest person in the world according to forbes. >> he was a few spots higher yesterday. but zuckerberg's net worth is still $67 billion. >> he'll get by. jeff bezos is number $148 billion. >>> the hot job market is forcing companies to change how they interview and hire people because a growing number of applicants are ghosting them, that is, not bothering to show up for job interviews. abc 7 news reporter leslie brinkley looked into what's happening. >> are people blowing off scheduled job interviews? >> yes, they are. >> this staffs agency has offices all around the bay area, help companies fill thousands of positions for $50,000 a year jobs and $200,000 a year jobs. five years ago, only 1% of applicants wouldn't show up for an interview. now, it's 10% to 20%. >> it's not just millennials. it's everybody. it's everyone, even if i looked at those numbers of no shows, it's spread across all age groups. >> reporter: this applicant says she thinks ghosting is unethical, but she can see why people move on. >> the

you hear mark zuckerberg say over and over, we are a tech company, not a media company.when he was testifying in front of congress, he said but we are responsible for content on our platform. i think that was a big omission. as you see from his recent interview with kara swisher, they're not doing the best job of talking through the nuance of some of these issues and a lot of people are offended at certain content that's allowed to remain. >> thank you both so much. we're standing by to hear from the director of national intelligence, dan coats. he will be answering questions in a moment about the wild week that was between putin and trump and the walk backs and all of the fallouts of helsinki. we'll be right back. >>> there's a lot at stake. no one knows this more than you. let's get right to it. want to start with russia, we'll move to the other threats and things you're looking at about the world. let's start with russia. you did something really extraordinary on monday. moments after the president appeared to be siding with vladimir putin over you, you personally by

ceo mark zuckerberg lost nearly $17 billion in just two hours today. kpix 5's maria medina on what has investors spooked. >> we are investing so much insecurity that it will significantly impact our profitability. we are starting to see that this quarter. >> reporter: that was facebook ceo mark zuckerberg today during the earnings call with investors. even before the call ended, the company's stock tank, nearly 25%. >> the number one reason for the stock drop is it is showing incredibly lower growth. >> reporter: the company that once seemed untouchable is seeing its recent scandal and controversy catching up to it including how it handles fake news, the election interference and diversey. >> in retrospect, i think we clearly view it as a mistake that we did not inform people. we did that based on false information. we thought the case was closed and the data deleted. >> this type europe and in the u.s. to question the value proposition of facebook. >> reporter: drop in shares happanslow loser -- user growth but it tanked when the company predicted slo

i'll bet when mark zuckerberg tries to use siri the two of them get into a feedback loop. was, like, i didn't quite get that, mark. here are some web results for that, i didn't quite get that, mark. ( mimic ) i bet he never had a real phone conversation because people don't think he's real. hi, it's me. representative! it's me, mark! representative! ( laughter ) facebook shares lost $100 billion today which is the largest in history. zuckerberg lost $15 billion. i'd feel bad but he's still worth $60 billion. it's like feeling bad for a guy who lost his third penis. he still has way more penises than most people will ever have. ( laughter ) moving on to exciting news that's literally out of this world, scientists have finally found liquid water on mars, which means humans might be able to live there! yeah! ( cheers and applause ) no, no, wait, wait -- not you guys. not you guys. no, we're all stuck on this planet. it's only the billionaires that can afford that trip in. ten years, zuckerberg will be on mars, going, ha ha, ha ha, ha ha, i'm the most human person on this plan

take a look at what mark zuckerberg said moments ago. mark zuckerberg: this accusation -- this acquisition has been an amazing success. when they joined us, they had 16 people, and since then kevin and the team have built stories, and now ig tv. it is a story of how effective the integration has been. emily: you wonder how often mark zuckerberg has to convince the ceo of instagram that selling to facebook for $1 billion so many years ago was the right call. $8tagram will generate billion in ad revenue this year. that is pretty significant. that is a silver lining to the negativity we are seeing right here. 22% down after hours. if this continued into tomorrow's active trading session, it would be at a low we haven't seen since late april. to what extent is this fallout from the data scandal we have all been following? emily: as we were talking about earlier, that is the million dollar question. we don't know for sure. we have all heard anecdotally about people who don't use facebook as much, don't trust facebook is much, but it also coul

mark zuckerberg: this is a moment to reflect on how this acquisition has been a success.oined us, the team had only 16 people. since then, kevin and the team has built stories, and now ig tv . this has been a great story of product execution. it has also been a story of how effective the integration has been. emily: with us now, bloomberg tech's sarah frier, who was in on the earnings call. i wonder if mark has to convince the ceo of instagram on a daily basis why selling to facebook for $1 billion was a good call. sarah: i don't know how he came up with that twice as fast number. certainly, facebook has been integral to the international expansion. it has become clear that facebook is going to be a lot more reliant on instagram for its future growth, especially as we have seen, in quarterly earnings, that user growth is stagnating or slowing in some areas. emily: looking at the way shares are trading right now, all of facebook stock gained year to date would be wiped out after the after-hours move we are seeing at the moment. they missed, but it wasn't a huge miss. is th

and what it means for mark zuckerberg.ou're watching "velshi & ruhle" here on msnbc. ♪ ♪ let your perfect drive come together at the lincoln summer invitation sales event. get 0% apr on select 2018 lincoln models plus $1,000 bonus cash. about the colonial penn program. here to tell you if you're age 50 to 85 and looking to buy life insurance on a fixed budget, remember the three p's. what are the three p's? the three p's of life insurance on a fixed budget are price, price, and price. a price you can afford, a price that can't increase, and a price that fits your budget. i'm 65 and take medications. what's my price? you can get coverage for $9.95 a month. i just turned 80. what's my price? $9.95 a month for you, too. if you're age 50 to 85, call now about the number one most popular whole life insurance plan available through the colonial penn program. it has an affordable rate starting at $9.95 a month. no medical exam, no health questions. your acceptance is guaranteed, and this plan has a guaranteed lifetime rate lock,

on a conference call with investors, mark zuckerberg warned them to brace themselves. this could be a partner that lasts until at least the end of this year. mark zuckerberg blames data privacy concerns and also a movement from passive enjoyment of facebook to a more positive engagement on the platform that may make it harder to sell advertising. he also gave a figure for the first time for the total number of users across all of facebook‘s products. 2.5 billion. it seems people are not leaving the services in droves, as some had suggested. however, facebook may find it difficult to make quite as much money from them as it has until 110w. much money from them as it has until now. david lee, san francisco. joining us is richard dunbar, investment director at aberdeen asset management. this drop in user growth is a big problem, isn't it? it is almost halved in terms of projected growth? still growing but not as quickly as investors had hoped, particularly in the us and europe. there is huge growth in the developing world. matching that would cost increases in terms of ha

what mark zuckerberg said about the holocaust. >>> and the shocker at the auto repair shop. the story behind a $21,000 oil change. >>> we do say good morning, everybody, on this thursday. we're going to start with the latest fallout over the president's words for the second time this week saying he was misunderstood. >> the president now says he holds vladimir putin personally responsible for interfering in the 2016 election, and he says he addressed the issue with putin behind closed doors. this as the white house is clarifying another statement he made on russian cyberattacks. abc's kenneth moton has the new details from washington. kenneth, good morning. >> reporter: good morning, diane and kendis. for months now u.s. intelligence officials have been sounding the alarm that russia is still trying to meddle as we prepare for the 2018 midterm election. but president trump sparked more confusion after abc news asked him point blank about russian interference. this morning, president trump's head-spinning position on russian meddling.>> no, you dono be the case? >> reporter:

mark zuckerberg lost $15 billion alone. they missed their earnings and tread knew targets. ok shareholders proposing removing zuckerberg as chairman. on wall street, stocks closed mixed. s & p down 9. jobless claims continue near a 50-year low. 08,000 applications for jobless benefits last week. a remind tore listen to my reports coast to course on the salem radio network. join us tomorrow. we'll be taking up all of these issues with the judicial watch director investigations chris farrell. good night from new york.

the question is being asked, can mark zuckerberg fix facebook? stay with us here on bbc news., but at what cost? fears that kenya's first high—speed railway is putting the country's unique wildlife at risk. 0k, coming down the ladder now. that's one small step for man, one giant leap for mankind. a catastrophic engine fire is being blamed tonight for the first crash in the 30—year history of concorde, the world's only supersonic airliner. it was one of the most vivid symbols of the violence and hatred that tore apart the state of yugoslavia. but now, a decade later, it's been painstakingly rebuilt and opens again today. there's been a 50% decrease in sperm quantity and an increase in malfunctioning sperm, unable to swim properly. thousands of households across the country are suspiciously quiet this lunchtime, as children bury their noses in the final instalment of harry potter. you're watching the briefing. 0ur headlines: 0k, coming down the ladder now. donald trump has defended his relations with russia, and said he plans to invite vladimir putin to washington in the autumn.

. >>> facebook ceo mark zuckerberg is getting even richer.ark zuckerberg is now the third richest behind jeff besos of amazon and bill gates the founder of microsoft. mark zuckerberg knocked warren buffet down to fourth place. facebook shares closed as a record $203 giving mark zuckerberg a net worth of $82.6 billion. >>> it's getting easier to travel to more cities from two bay area airports. southwest airlines started nonstop flights from oakland to san antonio. next week they will start nonstop service to and from minneapolis and also starting next week, it will have daily nonstops to and from orlando. the newest cross con tru service from san jose started on friday. alaska airlines now has a nonstop flight from san jose international to kennedy airport in new york. jetblue and delta offer service to jfk but there's over nine flights. this new alaska airline flight leaves at 7:00 a.m. a nonstop flight from san jose to new jersey. >>> the average 401k balance is up. vanguard investment says the average retirement savings account is just ove

you bill gates, jeff bezos, and mark zuckerberg.t comes to how rich you get on your tech company, holding a big stake in it is very important. are there other people out there who might be rich of they have not -- had not sold more? >> one thing that is interesting is zuckerberg has passed warren buffett, but that is largely because warren buffett has given away a lot of shares. is given away about $50 billion worth. scarlet: of you count all of the stuff that he hadn't given away, you would be much higher up. joe: and bill gates has given away tons of money. scarlet: so we are talking about and bezos as the richest bill gates is second, and mark zuckerberg is third. remind us how we calculate that. we are looking at the stock value, but what else are we considering? anne: we are considering assets we are holding, but one thing we track in real time to look at is the value of the stock. that is what allows you to see who is up and down. that is day-to-day for the most part. theyet: all right, anne, do so much. mark zuckerberg passin

on a conference call with investors, mark zuckerberg warned them to it raced themselves. last until the end of year. mark zuckerberg planes data privacy concerns, complies with new homes in regulation, and movement from passive enjoyment of the platform to a more engaged nature of use, which could affect advertising. it seems that people are not leaving the services in droves as some have suggested. facebook could find it more difficult to make quite as much money from them as it has up until 110w. now let's brief you on some other business stories. shares in the top us car makers have fallen after their latest results revealed the impact of trade tensions on their businesses. ford and general motors lowered profit forecasts for 2018, citing higher steel and aluminium prices caused by new us tariffs. fiat chrysler also slashed its 2018 revenue outlook, after sales in china slumped as buyers postponed purchases. australia's fairfax media, owner of the sydney morning herald and tv broadcaster nine entertainment, have announced plans to merge. it's the first deal under a con

mark zuckerberg doesn't have to do interviews anymore.ay, mark and sheryl, how are you going to attack this? do they have to? if you look at the lobbying dollars of facebook, i'm sure no government officials are going to force their hand any time soon. >> here's the rule of the road. if you're in two straight news cycles with holocaust survivors in the headlines and you have to send something in email to correct something you said initially, don't do any interviews for a while, because can you imagine what his handlers were doing as they were listening to the feed of this? oh, good one, boss. why didn't we think of this. >> from a facebook perspective, we know president trump has said already this week we don't consider it as a threat, although christopher wray has said otherwise. we have mid-terms coming up. we know the impact the vehicle has had using things like facebook. do you see a repeat? >> i think they say they're trying to. they're trying to identify what's fake, what's coming from non-u.s. actors trying to influence us. i don't

mark zuckerberg lost $15 billion alone. they missed their earnings and tread knew targets. facebook shareholders proposing removing zuckerberg as chairman. on wall street, stocks closed mixed. s & p down 9. jobless claims continue near a 50-year low. 08,000 applications for jobless benefits last week. a remind tore listen to my reports coast to course on the salem radio network. join us tomorrow. we'll be taking up all of these issues with the judicial watch director investigations chris farrell. good night from new york. kennedy: deputy a.l a.g. -- deputy a.g. rod rosenstein is safe for now, but the fight is not over. he still has to cough up the documents. the push to impeach rosenstein failed. freedom caucus members mark meadows and jim jordan were leading the charge and they claimed they had enough of rosenstein's stall tactics. here is congressman jordan on the ingraham angle. >> when is the lim

mark zuckerberg lost $15 billion alone. they missed their earnings and tread knew targets. ok shareholders proposing removing zuckerberg as chairman. on wall street, stocks closed mixed. s & p down 9. jobless claims continue near a 50-year low. 08,000 applications for jobless benefits last week. a remind tore listen to my reports coast to course on the salem radio network. join us tomorrow. we'll be taking up all of these issues with the judicial watch director investigations chris farrell. good night from new york.ntntntt guests. diamond and silk on lou dobbs. lou: good evening, our top stories, the dems, the deep state and rhinos rushing to the defense of rod rosenstein after house republicans file articles of impeachment against the corrupt deputy attorney general. lame duck speaker paul ryan quick to protect rosenstein, despite his stonewalling of congress' oversight efforts. ryan under orders obviously to get as many republican members of the house to feed into the midterms as possible. and you're watching what the chamber, the business round table and koch brothers pai

mark zuckerberg this morning is clarifying comments that he made about holocaust deniers.ells you a lot of the trouble he's in. >> oh, boy. >>> montenegro is now responding after president trump cast doubt on whether the u.s. would defend that nato ally. >> why should my son go to montenegro to defend it from attack? >> i understand what you're saying. i've asked the same question. montenegro is a tiny country with very strong people. >> i'm not against montenegro or albania. >> by the way, they're very strong people. they're very aggressive people. congratulations, you're in world war iii. >> how did that go over? nick m nick paton walsh is live in montenegro. >> i think montenegro never thought of itself as being the epicenter of world war iii in the mind of the u.s. commander-in-chief and there's some degree of them trying to laugh it off here but also a deep concern. it was designed to become part of the european union and joined nato last year and struck at the heart of this country's identity. at the moment, the coastline, owned by rich russians, is in the middle of

it also puts pressure on mark zuckerberg to fix its problems. a management professor and others are wondering if zuckerberg can fix things. >> if you don't learn in computer science the techniques of managing a global company that involves governments, that involves diverse shareholders, that involves diverse political interests. >> reporter: zuckerberg controls 60% of facebook's stock. he also has proven critics wrong. six years ago the stock took a nearly 12% drop over concerns that it couldn't sell ads on mobile devices. today just over 90% of ad sales come from mobile. facebook has also diversified with future growth instagram and others. facebook itself may have to change. >> i do think the platform of being all to everybody, i think that's a dead end. >> reporter: analysts point out that consumers seldom react the same way investors do. however their use habits and sense of security while using facebook will provide important feedback. >>> we all know it's expensive to find a place to live in the bay area. now you can save money if you rent

facebook ceo mark zuckerberg himself taking a $17 billion hit. he says it's in part because of security increases. >> we're investing so much in security that it will significantly impact our profitability. we're starting to see that this quarter. >> derek thompson, senior editor at "the atlantic." he also hosts a podcast called crazy genius. mark zuckerberg and the company itself has been mired in a variety of controversies in the last few months. how much about that? how much this is about the facebook model itself perhaps running its course? >> that's the perfect question. before i get to it, i think it's worth spending a bit of time savoring that statistic. this was the largest drop in value for any company in the history of the country. >> that's staggering. >> first, it tells us that facebook was incredibly valuable to begin with. number two, it shows that facebook crude screwed up. there is a money problem and a trust problem. the money problem is sort of interesting. it's the way that facebook makes money is that it sells ads in the middl

emily: you also invested in mark zuckerberg. how did that happen?> we got involved with facebook when it was a or nine people. -- eight or nine people. at that time, a lot of people were saying, why are you involved in this company? my wife at the time said, are you trying to get into fraternity parties or something? facebook at the time was a way for college students to meet and flirt. i thought mark zuckerberg was more like bill gates than anyone i had met, and i saw the level of vision he had was so much more than the fraternity angle. the dropbox story captures several parts of what hadi and i brought together to investing. there was a senior at mit that hadi already knew, having had him as an intern. we were trying to recruit him into a small start up. a biggers eyes set on company, because he was just graduating from college. we referred for him to go to facebook, which at the time was 200 people. hadi said, can you say who were the smartest guys are in your class? he was not going to join, because he had a new company. hem fly point, we had t

now one major shareholder is trying to out of mark zuckerberg as chairman.ore on all of it, our own susan li. hey, susan. >> trish, it was stunning last night on the conference call when you looked at the screens and one of the biggest companies in the world, one of the largest tech companies was down one quarter of its market cap. they said yes we're growing but we'll grow slower for rest of the year, particularly when it comes to revenue. looking for slowdown high to mid-single digits. the markets were stunned. listen what we expect from facebook quarter after quarter are big numbers. they put in pretty big numbers yesterday. when trading at record levels you have to exceed expectations. they were a little below that. revenue missed first time in nine quarters. we had user growth daily active users slightly below monthly active users. it got worse on the conference call, trish, losing a million users in europe because of the new privacy laws. they said it would not impact them but we haven't felt it or seen full effect of privacy laws, because they came in

ceo mark zuckerberg lost nearly $17 billion in just two hours.he social media giant announced its user base and revenue grew more slowly than expected last quarter. facebook also warned of slow growth and rising expenses over the next few months as it addresses concerns over user privacy concerns. it could be a loss of more than $120 billion in value when markets open this morning. the biggest in facebook history. analysts say this is just the beginning. >> if for some reason facebook is significantly involved and has an impact on the 2018 elections i think the next couple of years for them is going to be really difficult. >> shares of twitter and snap fell with facebook. both lost 4% in after-hours trading. >>> ride shares options were meant to cut down on car ownership and traffic but based on a new report they are making it worse. the report by a former traffic planning official says that ridesharing has added 5.7 billion vehicle miles to 9 major cities over six years. san francisco along with new york and l.a. were included in that study. dat

. >>> mark zuckerberg backtra tracking after controversy commence on the holocaust.laiming an interview with kara swisher that some are intentionally getting it wrong. >> a set of people deny the holocaust happened. i find that deeply offensive. at the end of the day, i don't believe that our platform should take that down because i think there are things that different people get wrong. either -- i don't think they are intentionally getting it wrong. it is hard to impugn intent. >> oy. >> within hours, he e-mailed her to say he got it wrong. >> his comments coming one week after facebook confirmed it would allow informati wars to r on the platform. facebook will soon take down content that could contribute to violence. the company will rely on third party partners to make that determination. >>> a measure to break california into three states will not be on the ballot. an order by the supreme court says the questions have been raised by proposition 9. the measure would asked voters if they want california to be separated to northern california, new california and so

during mark zuckerberg's testimony he focused on his role in preventing foreign relations. >>> a former tesla employee accused of selling secrets is being sued for one million 100- 0000 and the suit alleges he stole trade secrets and shared them with third parties. the former employee alleges the company misled investors. >>> jackie spear is spending the next two weeks at home after her surgery. they confirmed she will miss two weeks of voting in congress. she's been in congress since 2008. her district includes parts of san francisco and san mateo counties. >>> we're learning more about a woman accused of starting fires at half moon bay and leading police on a chase. 39-year old monica berlin is accused of burning hundreds of bales of hey hay in two separate fires. she told a neighbor that she burned hay to prevent a cult from committing a massacre. she also allegedly told authorities she set the fire because of a "zombie apocalypse". >>> fire crews in phoenix still at this safe way store where a big fire burned out of control for about an hour last night. part of the store's roof coll

mark zuckerberg's stake is worth $17 billion less than it was yesterday.acebook has enjoyed astronomical growth, posting revenue any user base increasing year-by-year. if the fallout from the cambridge analytic a data breach is expected to hit the company hard despite mark zuckerberg's this attempted damage control. >> we need to take a broader view of our responsibility. we need to make sure our tools are used for good, and we will. reporter: now facebook warned its growth is finally slowing down. and canada, the same it did last quarter in the two before that. it also lost users in europe for the first time, reporting 279 million, down from 382 the previous quarter. the real shock came from the social network's financial chief who showed that growth slowed significantly. a tough pill to swallow for investors. shares tumbled by 20% in after-hours trading on wall street. a slump that wife's more than $130 billion off of facebook's market value. rochelle: shares an air of us have hit a record high after their latest results. stephen: in the three months fro

emily: you also invested with mark zuckerberg. how did that happen?basically still eight or nine people, and that was in unbelievable thing to get to see that company at that early stage. a lot of people were at that time were saying, why are you involved in this company? i remember my wife saying at the time, are you trying to get into fraternity parties or something? facebook at that time was just about 100 colleges and it was away for college students to meet each other and flirt. and i met mark, my immediate reaction was, this guy is more like bill gates and anyone i've ever met. he reminded me of every time i've interacted with real at microsoft, he had a level of vision and where he wanted to take it was so much more than the fraternity angle. >> the dropbox story is my favorite, because it captures several parts of what we brought together to investing. there was a senior at m.i.t. that hadi already knew from having him as an intern. we were trying to recruit him to a small startup, and he had his eyes set on a bigger company because he was jus

you're talking about a number of different issues coming up in mark zuckerberg's testimony.kers asked him about this. indeed,rkpatrick, facebook is doing other things aside from selling facebook to advertisers aside from just renting our data essentially to advertisers, but do you think this drop in users, this plateau that we may be seeing, it is it just a blip or a longer trend? david k.: that is a $64,000 question emily. reason think there is a to see fundamental shift toward a long-term trend. it is a decline in rate of growth really. i do think in developed countries and even in some of the key developing countries like india, which is growing but where these issues matter, the issue of privacy, issue of how much data facebook has and how it treats that data, is extremely important and of concern among consumers. i don't think the company has done a good enough job explaining to people how they think about the data. problem in europe that has affected the number of users maybe a signal of where we go elsewhere. other countries will impose rules that are not that dissimi

mark zuckerberg went with no small amount of arm-twisting.enator mark warner had this to say about whether he thinks congress can come up with smart regulations or legislation. >> if congress tries to do this on its own, a lot of my colleagues with expertise in inhnology, i spent a year tech, i've been on this issue for the last 16 months, we need the input of the tech companies or we would mess of the solution. i would hope mark zuckerberg and his colleagues would come forth with what could support on these ideas of how best to pursue. emily: some of the questions lawmakers asked were not particularly well-informed. are you concerned that congress will come up with regulation not helpful with anyone -- for anyone? mark: i think that is a legitimate concern. we did survey work on how concerned people are concerned about privacy. i sometimes think consumer fear about right as he regulations and interruptions is overstated. not surprisingly with the younger cohorts, they are not that concerned. the cohortsrise is least surprised about privacy w

connell: all right mark zuckerberg, facebook ceo apologizing earlier this year over platform sharing personal data. now apologizing to a texas newspaper for part of declaration of independents labels as hate speech. they posted whole declaration in small daily chunks. on the facebook page for 8 days, this is in run up to 4th of july. but the 9th excerpt not posts, saying that it could not about up it was hate speech. we go to chris bedford, offending passage. was part of bill of particular. written against king george of britain, merciless indian savage is what got flagged. the saying perhaps if thomas jefferson written it as native americans at a challenging state of cultural development it would have been better. your reaction to this. >> not a friendly time on the frontier, british crown was -- tribes on the frontline to attack, cause troube trouble. a lot of people on left would call de declaration of independence a hate document. and saying that independence day on wednesday. this got caught up in facebook largest machine like alga rhythms, publishers told they have to trust it,

the ceo mark zuckerberg just revealed a key metric. julia boorstin has more., melissa, a metric that facebook has never revealed before it's 2.5 billion that's how many people mark zuckerberg says use at least one of face bokbook's app every monh 2 2.2 billion users. 2.5 billion is how many people use one of the apps which could include messenger, whatsapp, and these are instead active accounts and you won't have duplicates in there. it is an accurate net of how big and wide-reaching facebook is. sher sheryl sandberg is starting to talk >> we'll see you then. >> you called this decline in the shares last week >> without breaking my arm and patting myself in the back the stock is trading where it was two weeks ago. it went parabolic when it broke out at 195 i think it is up 45% from those april lows, post that cambridge analytica scandal. i think this enthusiasm just got a little too much. >> when you think about it, what are you focused on here? the u.s. and canada. $185 million users and and how much can they monetize the existing users and that's why they're

that translated into a loss for mark zuckerberg o hour. >> amazing.f >> repore warrke mase angbout . so, youw,boce kback. i w souldn't be surprised if that is the case. >> mark zuckerberg doesn't veuto p loans. >> reporter: d snt yourhetnodh ife t wou use that to payld for their collegehewoul have no loans becauseghey would be payint back with if theynemo don't, i'm not sure how that works thereak s,om tim, not es somce conhern bo all i could think of isesee a high school andea and arenc >> you have to give awhic was g. but i get it. pay bsek. situdent loans college foral >> oh,. >> in the whyt's s ot itudent aiversity that we are upper 's today. yes, upper 80's. sunshinens ruretchance for a passing showr midafternoo the forecastso, so r hanat ngdain lateroi t.ayo.okay. [laugh a better mood today, don'tird. >> me, too. .tate cold chinese food f nus.re 1 17 bewe'l right back. >> ♪ i like these yogurt bites. (phone buz)an (chuckling) ahh... ooh! (giggle, puzzing) li them more than i like my phone. whe... ah... oh, hello! it's my mother-in-law. i'll call her back ♪e d. inside waterfallt

rico day and she actually asked why don't you just take down content that is demonstrably false mark zuckerberg gave this example he said i'm jewish and there's a set of people who deny that the holocaust happened i find that deeply offensive but at the end of the day i don't believe that our platform should take that down because i think there are things that different people get wrong in fact he added that he doesn't think that holocaust deniers are getting it intentionally wrong that's the answer that really did cause it caused quite a stir obviously any attempt to clarify that in a follow up email with recoat to clarify that you know he wasn't defending holocaust deniers and here's what he said in that a follow up message he said i personally find holocaust denial deeply offensive and i absolutely didn't mean to defend the intent of people who deny it our goal with fake news is not to prevent anyone from saying anything untrue but to stop fake news and misinformation from spreading across our services so basically saying here that facebook doesn't want to get into the business of deleting f

. >> facebook founder and ceo mark zuckerberg forced to apologize again?you why he is in hot water this time. "fbn:am" continues right now. gerri at his 5:30 a.m. in new york on thursday, july 19th. i am gerri willis and four lauren simonetti. adam: saving tariffs on automobile imports. he says it is necessary to expect concessions from trading partners and this is despite stiff opposition not only from the auto industry, but inside congress as well. ahead of the federal reserve shooting down the doom and gloom rhetoric about a trade war. >> robust job gains rising after-tax income in optimism among households have boosted consumer spending in months. it is difficult to predict trade policy. overall, we see the risk of the economy unexpectedly weakening its roughly balanced with the possibility of the economy growing faster than we currently anticipate. >> for all the talk of a blue wave in the midterm elections, can a roaring economy turn the blue wave red? democratic strategist antwan c. wright. let me start with you. when i hear people talking about aut

. >> mark zuckerberg's terrible, awful, no good very bad day. how he managed to lose in a very short time. >> and we're not done with the weather yet. doug's back with the full forecast and a look at exactly why it's s importanto ♪ ♪ summer's calling. the 2018 escalade is ready to move. our best offers on the 2018 escalade are here. join us for the made to move sales event. get 0% apr financing for 60 months, plus $2000 down payment assistance when financed through gm financial on a 2018 escalade. back in on storm tea 4 radar, the worst of the rain is rolling out now, but there is still a lot to clean up. tomorrow, take a look now at what we saw live tonight on "news4 at 6." a great example of turn around, don't drown. this suv driver got into the water. then thought better of it. move. we saw several cars do the same thing along westla w road here in poolesville. thankfully, no one decided to try going all the way through. >>> there's some hope in the fight against alzheimers disease tonight. a new drug appears to slow the progression of the di

>>> wait until you hear how much mark zuckerberg lost on that facebook slide. >>> and energy companiest all their numbers, we'll bring them to you. "worldwide exchange" rolling on now. ♪ >>> welcome back 5:31 on the east coast thank you very much for being with us. i'm brian sullivan let's get to your top story. that's facebook. shares posting their biggest decline ever after reporting a big slowdown in user growth. three key takeaways, number one, weaker than expected revenues, global daily active users came in less than expected. a lot of that showing up in europe, and some ad revenue projections also fell short of expectations now facebook's drop initially after hours wiping out roughly 123 billion in market value. not as much right now because facebook stock is down only about 17%. as we have highlighted, facebook is a top 15 holding in more than 140 etfs if you own these three etfs, pay attention. they have the biggest exposure to facebook according to etfdatabase.com. the xlc, 21.5% the advocates, 12. % a and the socl, 12%. the xlc down over 5% on the facebook news. let's talk mo

. >>> ahead, a fast reversal from facebook founder mark zuckerberg.ite because they are not intentionally getting it wrong. the latest next. lighten up! with féria extreme platinum haircolor by l'oréal. lightens hair up to seven levels. féria is ammonia free with conditioning oil. never dull, never flat. live in color. live in féria extreme platinum by l'oréal paris. does your business internet provider promise a lot? let's see who delivers more. comcast business gives you gig-speed in more places. the others don't. we offer up to 6 hours of 4g wireless network backup. everyone else, no way. we let calls from any of your devices come from your business number. them, not so much. we let you keep an eye on your business from anywhere. the others? nope! get internet on our gig-speed network and add voice and tv for $34.90 more per month. call or go on line today. >>> mark zuckerberg is back tracking after a controversial comment about the holocaust deniers. the facebook ceo defended leaving content on the site after an interview saying some are not inten