emily: do you think mark zuckerberg is not paying attention? toc: every ceo has to get another level of excellence. in the fourth industrial revolution, we are all connected. everyone and everything is connected. look at this show. when everything is connected, everything is changed. behind all of this is our core values. our company is built on trust. those companies have to articulate what is important to them, what are they willing to stand for. then, we know if they are acting correctly because their employees will stay and executives will stay. you will not have that question. it should not be that question that any reporter or ceo has to ask. we have to look at this deeply. emily: you have had employees be critical of the work you do with u.s. border protection. there are protests happening outside and we heard customers are not happy. what is your response to that? marc: this is a moment in where i and every ceo has to deeply listen to every stakeholder. outside ofe show up the conference, even if we have 170,000 people, i do not dismiss

emily: do you think mark zuckerberg is not paying attention? marc: every ceo has to get to a level of excellence. in the fourth industrial revolution we are all connected. everyone and everything is connected. it is amazing what is happening. when everything is connected, everything is changed. behind all of this is our core values. built on trust, those companies have to articulate what are their values, what is important. what are they willing to stand for? then we will know if they are acting correctly because their employees will stay. their executives will stay. their customers will stay. their shareholders will stay and you will not have that question. it should not be a question that any reporter or co has to ask. we all have to look at this deeply right now. had employees be critical of the work that salesforce does with u.s. customs and border protection. you said your software is not involved in family separations. we have heard some customers are not happy. what is your response to that? is a time, a this moment in history where i, t

sources told bloomberg they left over growing tensions with mark zuckerberg.and had largely been able to operate independently of zuckerberg and facebook. lately they have become frustrated with an unusual uptick in day-to-day involvement by zuckerberg, who is now more reliant on instagram, now worth $100 million, for facebook's growth. >> facebook is so much more dependent on instagram now than it ever was. their own growth is going to slow. they are going to have to spend more to grow in new areas. instagram is so crucial to the picture. hit one billion users but there are many more users they can still add. have theving and they products that everyone wants to use. there has been a lot more attention paid to the way that instagram could drive traffic to facebook, which is kind of a new dynamic. basically in the past instagram was very dependent on facebook for its growth, now facebook is becoming more dependent on instagram. emily: two years ago i sat down with kevin cistron and asked him if he regretted selling. they bought whatsapp for $20 billion. of cou

mark zuckerberg pointed the finger at one particular app developer. >> mark zuckerberg: if a developergave their information to, in this case, aleksandr kogan, then goes and, in violation of his agreement with us, sells the data to cambridge analytica, that's a big issue. i mean, people have a right to be very upset. i'm upset that that happened. >> stahl: you're a villain in many eyes, the guy who stole data from facebook, and then sold it. toolr rs to collectthat we stole the data, and they made it very easy. i mean, this was not a hack. this was, "here's the door. it's open. we're giving away the groceries. please collect them." >> stahl: your point, though, i think, is that they're singling you out. >> kogan: i think there's utility to trying to tell the narrative that this is a special case, that i was a rogue app, and this was really unusual. because if the truth is told, and this is pretty usual and normal, it's a much bigger problem. >> stahl: and he says he wasn't hiding anything from facebook. when aleksandr kogan built his app, he posted its terms of service-- that's what us

sources told bloomberg they left over growing tensions with mark zuckerberg. o had been at the company since facebook acquired instagram in 2012, and had largely been able to operate independently of facebook and zuckerberg. keeping control over their brand and product. but lately, they had become frustrated with an unusual uptick in day-to-day involvement by zuckerberg, who is now more reliant on instagram, now worth $100 billion, for facebook's growth. sarah frier followed the story. sarah: facebook is so much more dependent on instagram now than it ever was. because facebook's own growth is going to slow. they are going to have to spend more to grow in new areas. instagram is so crucial to that picture. it just hit one billion users, but there are many more users they can still add. advertising is thriving and they have the products that everyone wants to use. there has been a lot more attention paid to the way that instagram could drive traffic to facebook, which is kind of a new dynamic. basically in the past, instagram was very dependent on facebook for i

emily: mark zuckerberg has been through this already.n expect sheryl sandberg -- willck closely to stick closely to what zuckerberg has said. what makes dorsey's appearance to friend? the platform is completely different inside -- size and scope -- in size and scope. twitter talks about they do not have the resources twitter -- facebook has to stop. shira resources are certainly an issue. facebook does not have a resources problem. it's interesting that the representative talked about opening up algorithms to outside review which is an issue that has come up on the left side and right. i don't think something that any of the internet companies -- i do not think this is something any of the internet companies are pertinent to happening. this is a growing issue we see on facebook and google, but it is not the result of some neutral computers reacting to the ideas of billions of people. they are the result of our griffins created by human beings and human beings with all of their inherent biases. there are questions on what we that's what a

i don't think jack dorsey or mark zuckerberg can say that these days >> yeah. as he says in the piece, questions for which they appear broadly unprepared guys, we'll see where it leads us walter, casey, thanks so much. good to see you both. >>> quick pop in the markets dow up 62 as the foreign minister of canada made comments outside ustr, said nafta conversations over the weekend continued to be constructive we'll see if she makes further comments. >> interesting indeed. >>> and boeing just out with august deliveries. phil lebeau in chicago with the numbers. >> jon, these numbers are closer to what they expect boeing to deliver every month, still not at full delivery in august, they delivered 64 airplanes, improvement over what they delivered in july when they ran into the first of several production issues. the 737 is what everybody is focused on deliveries up to 48 in the month of august, big improvement from 29, a multi year low for boeing in jeweuly. supply chain snags, the fuselage from spirit aero systems or engines from ge satisffron dela, they're bring

. >>> facebook's oculus event kicking off today in san jose, california, with mark zuckerberg set to in just about 90 minutes. our josh lipton is there live and he joins us with what we should expect. josh. >> reporter: we are here at this oculus event where facebook ceo mark zuckerberg will take the stage and deliver the keynote. of course some big, big changes at facebook just this week with the departure of instagram co-founders. some analysts remember like those at jpmorgan did think shares would be under pressure in the short term due to those departures, but the focus of the developers, creators and producers behind me is going to be what's the new oculus hardware that zuckerberg could unveil if you look at the vr market, oculus controls about 38% of that market. the overall market grew by 10% in q2 to 890,000 units facebook staying tight-lipped about what could be intro tuduc today, but some analysts thought they could introduce a new headset called santa cruz, that could enable a fuller, richer, vr experience. listen, it's certainly true and fair to say that the vr market has

why they are parting with mark zuckerberg.rg. ♪ caroline: this is countdown to the close. let's look at some of the big movers. itst up, jeffries raising price target on amazon to get to 2350. an outside potential at 50% by 2020. slashing ratings for semiconductor stocks. a meeting in asia showed a negative shift in sentiment. square getting a boost at the moment. analysts raising the price $325t to a street higher with a buy rating, making the case that square should be part of the faang group. scarlet: instagram's cofounders are unfriending facebook. sources tell facebook they are at leaving amidst growing tensions with mark zuckerberg. sara, what prompted this departure of the instagram founders? was there a specific catalyst. tensions have been brian for some time with mark zuckerberg taking a more slated interest in the company. >> that's exactly it. over the last few months, facebook has really -- realized how dependent they are honest a grant for the future. instagram is doing quite well. the founders have had to deal w

the popular photo sharing apps put up with mark zuckerberg. this is bloomberg. ♪ nejra: i'm nejra cehic and for francine lacqua. instagram founders are leaving facebook amid tensions with ceo mark zuckerberg. reportedly unhappy with zuckerberg's influence over the photo sharing. -- facebook bot instagram in 2012 but it had remained largely independent. joining us now is alex webb. grace and sara are still with us. alex, facebook still leaning more on instagram these days. user engagement is really trailing off on a spoken rapidly increasing on instagram. more than they try to monetize the product, it clearly detracts from the user experience and that's an element i would imagine is creating some of the tension between zuckerberg and the instagram founders. that: what is the risk instagram would more integrated with facebook? the huge revenue growth is coming from advertising stories and instagram feed. it still in the early days in the way they monetize that. the early adopters tend to have more savvy when it comes to placing ads. what are the

facebook boss mark zuckerberg often leaves the firefighting to his lieutenants. he sought to reassure reporters himself, saying the bug had been fixed, but warning that facebook would always be a target. it's an arms race, and we are continuing to improve our defences. i think that this also underscores that there are just constant attacks from people who are trying to take over accounts or steal information from people in our community. such attacks are also of concern to the uk government. we don't know what the source or the reason for the breach is, and how far reaching its consequences are. but the information commissioner in this country, i know, will be taking steps with the company to make sure that the lessons are learned to prevent it happening in future. we didn't come here for clickbait... facebook‘s previous scandal wiped tens of billions off its market value. not so this time, as investors are starting to believe that, despite negative headlines, its 2 million users will not desert the platform. joe miller, bbc news. heidi allen has become the lates

which begs the simple question, what does that make mark zuckerberg? founding just 14 years ago. today facebook is being asked serious questions about the meddling in western elections and how he intends to protect the data his company gathers on all of us. these are big issues of free speech, liberty, democracy. mr zuckerberg is undoubtedly a tech genius but does the 34—year—old have the capacity, indeed the energy, to tackle these enormous problems? evan 0snos has addressed just this in an article for the new yorker, aptly named "can mark zuckerberg fix facebook, before it breaks democracy?" evan joins us now. first of all, how critical is this moment for facebook? this is the ha rd est moment for facebook? this is the hardest thing they have been through in the started in 2004 and they realise that this is not the kind of ordinary business crisis that you get to. this is an existential risk to the future of the company. he had a huge ambition to grow this company. i guess the question is can you now take that same ambition to fixing the problems in

house, which went second, they seemed to have learned from the senators mistakes in questioning mark zuckerbergeven though you are right, zuckerberg did a good job in the hearings, i think it was revealing. may in ways mark zuckerberg did not intend. i felt he dodged a lot of questions and seemed almost embarrassed to explain out loud the business model of facebook to collect user data and sell advertising against a that. to me, that was revealing and i think damaging to his and facebook's reputation. i think sheryl sandberg in particular is a well reversed spokesperson for the company. dorsey, less so, even though he has had more experience going into these tv interviews and other places. you just don't know what happens in congressional hearings. these executives can be as prepared as they possibly could be and you still have these revealing moments coming out of left field. none of these companies want their senior executives to be trotted in front of members of congress who have access to grind. emily: folks we have talked to the google is missing an opportunity by not sending a higher leve

>> certainly some of the previous hearings like with mark zuckerberg, the questions were not particularlyy to follow up that was true of the senate hearing of zuckerberg. i think the problem here is -- listen, democrats will be attacking these companies because they're big, it's a corporate power argument they're not going to get less big. they'll stay big in the case of amazon they'll get bigger they will not give up the ad-driven business model there's always content moderation issues that republicans are worried about. so, listen, this will show you that these companies have few friends on capitol hill. and while i don't think regulation will happen tomorrow. i don't think antitrust will happen tomorrow, this is the beginning of a process, another step in that process which could lead to both those things happening. >> yes or not. is facebook a media company? that's a trigger word. >> listen, they are an outlet for media companies to get their product to the people. so, they're a media-like company, but unlike what we traditionally think of as media companies. >> eamon javers, can we e

host: let's go back to mark zuckerberg and his op-ed in the "washington post." here is a little bit about what he is saying facebook is going to do when it comes to ads. "now you can see all the ads and advertisers running. anyone who wants to run a political or issue at in the united states on facebook must verify their identity. all political and issue ads must also make clear who paid for them, in the same way as tv or newspaper advertisements. but we have gone even further by putting all of these ads in a public archive, which anyone can search to see how much was spent on each individual ad and the audience it reached. this greater transparency will increase responsibility and accountability for advertisers." laura, will that do any good? guest: there is good and bad here. this kind of transparency, disclosure, verification of who happeningthese ads is . what is less positive about what we are seeing here is two things. one is the facebook approach, which as mark zuckerberg notes in his op-ed, they are including as "little advertising" -- as "political adve

ceo mark zuckerberg is defending his company from yet another scandal. lene kenteports on that and how you can tell if you are one of the 50 million. >> reporter: facebooksinder ege once again, revealing today that nearly 50 million users were hacked. query our did try to information fields, like name, gender, hometown, et cetera, but we do not yet know if any private information was accessed that way. >> reporter: althoug passwords and credit card information weren'taf cted, facebook logged out 90 million users today as a precaution meaning if you went there you got this. if you were affected you got this update at the tp op of you news mark zuckerberg says he doesn't know who conducted the attack or where it came from. he is working with the fbi to investigate. >> we are continuing our defenses. and i think this also underscores that there a just constant attacks. >> reporter: attacks it's not clear facebook is equipped to defend against. jolene kent, nbc news, los angele >>> nextt 11:00, sexual assault hotlines working overtime. the local resources av

mark zuckerberg, elon musk?ter someone said to me, isn't it so great you met elon musk's mom? >> i love it, very nice. before we go today, another great show, another split screen in time for you all for our viewers. remember the montana kid, the plaid shirt kid on the left there and famed astronaut buzz aldrin on right. both had some amazing re, ans while listening to donald trump speak. unlike the high schooler, it's safe to say buzz aldrin was not kicked out by secret service. there you go. that does it for us this morning. stephanie ruhle picks up the coverage. >> thanks, mika. thanks, joe. good morning, everyone. i'm stephanie ruhle with a lot to cover today. starting with fear and loathing. president trump hits back hard against bob woodward's new book. >> this idiot wouodward what wrote this book which is all fiction. >> the watergate journalist strongly defends his work. >>

as mark zuckerberg and others in -- as mark zuckerberg sending sheryl sandberg, the senate intelligencemittee was fine with that. >> to be fair, mark zuckerberg had gone before several hearings in front of lawmakers. exactly. the ceo of google also declined the opportunity to go. sources indicate the senate would have been fine with sundar as well, but he also chose not to testify. i think there is a bet there that facebook and twitter would take most of the hits. it turned out to be the opposite. a prettyaid at the top steep price for not showing up. the senate, the lawmakers essentially doubled down and kept bringing up the absence. do you think they didn't anticipate that blowback, or they thought they would ride through it. part of 58 it and go is the theatrics, the showboating. in some instances, that the actor x played against it, they kept a blank notepad there and kept a microphone in front of it which was muted the whole time. which is a fascinating symbol looking for larry page right now. >> on a world where everyone is caught on a cell phone or there are tons of cameras there

ofiette: the founders instagram are leaving facebook after growing tensions with ceo mark zuckerberghe direction of the photo sharing up. the founders who have been at the company's since the acquisition of instagram have been able to keep the brand and product independent. bloomberg has learned that they were frustrated with an unusual uptick in day-to-day involvement by zuckerberg who is more reliant on instagram for facebook's future growth. planning and organizational shakeup including layoffs that will start at top levels. to revert it tries stagnant sales and rekindle investor interest. in a memo to employees, you'd by bloomberg news, kevin johnson said we must increase the philosophy of -- philosophy of innovation. the changes will entail an undetermined number of layoffs including some employee shifts between company departments. jpmorgan ceo jamie dimon does not expect wall street to be forgiven any time soon by americans still angry about the financial crisis well out. he said washington did the right thing to avoid another great depression but admits it could take 25 years

how was this different from when mark zuckerberg was in the hot seat? plus, one big name missing from the hearing. what senate intelligence has toee, mark warner, say about google being a no-show. 23 and me's quest to cure the world's diseases. a big-time up with world farmer could provide the key to new drugs and treatment. big tech takes tenor -- center stage on capitol hill. they face questions from the senate intelligence committee over social media and russian election hacking. so aly absent is google symbolic third chair was left empty and lawmakers openly expressed their disapproval over being snubbed. otherwise, the discourse was -- more civil than the mark zuckerberg trial. >> russia used social media as part of an "comprehensive and multifaceted campaign to undermine democratic institutions and interfere in u.s. elections and those of our allies." we were too slow to spot this and to slow to act -- too slow to act. the free proud of how and open exchange has been weaponize dan used to distract and divide people. and our nation. we found ourselv

mark zuckerberg net worth plunged by some two billion dollars a security researcher we spoke to thinks that could in fact have been much worse than that facebook must keep working on bolstering its security because an awful lot of infrastructure an awful lot of users to protect and watch the fifty million users impacted by this plus the additional forty million they've taken extra measures to protect us still only a few percent of facebook's total user base so whilst this is a very large breach it could have been a lot worse i think that any effort they can put into bettering their stance on security is always good in terms of how effective that will be we can only really wait and see what the outcome is as we progress into the future well another tech giant tesla lost some one and a half billion dollars overnight after funder schools accused of fraud by the u.s. securities and exchange commission. clearly made a mistake is obviously one of the great entrepreneurs of our generation and they may call themselves wildly successful but they've never made a profit without even any sort of r

political consultants got their hands on the user dodder of tens of millions of people at the time mark zuckerberg told congress that they were up to the task of protecting our dollars but of course this breach is not going to help convince us lawmakers that it is up to the task not a good look indeed jared from d.w. social media just thank you. have tumbled thirteen percent of the u.s. securities and exchange commission accusing chief executive. of fraud the f.c.c. says must quote new or was reckless and not knowing that he was misleading investors it all started with a tweet i'm considering taking tests not private at four hundred twenty dollars funding think here and see if the message test i feel you know iran must tweeted to his twenty two million followers last month and here's the response of u.s. regulators who've charged him with fraud. musk statements misled members of the investing public to believe that it was virtually certain he could take private enterprise of four hundred twenty dollars per share which was a substantial premium over a share price at that time because funding for th

ceo mark zuckerberg revealing what they have uncovered. here's abc's rebecca jarvis tonight. >> reporter: tonight, an unprecedented security breach at facebook. 50 million users' personal data includes facebook ceo mark zuckerberg's on page. hackers potentially gaining access to profile information like names, gender, and hometown and accounts on other sites where facebook is used to log in. the "complex" hack discovered earlier this week. after a security flaw was found in the "view as" feature, which allows users to see how their profile appears to the public. zuckerberg telling reporters on a call today, he does not believe private messages or posts were compromised. >> we are still in the early phase of investigating this. we do not yet know if any of the president information was accessed that way. >> reporter: facebook now working with the fbi to determine the source of the attack today and automatically logging out 90 million users from their accounts, alerting those impacted with this message at the top of the newsfeed. facebook sa

coo general sandberg supposed to be the adult in the room helping mark zuckerberg.l get grilled on capitol hill or choose no stranger to how washington politics work , but in your opinion has she done an effective.-- job being that adult the room overseen how facebook handles privacy for instance in foreign interference on its site? >> no, i mean, sheryl sandberg is obviously one of the most successful women in the tech industry and so i think that should be said, but no. she clearly failed in 2016 to identify the stuff. to cody did not do enough to stop it during the last election and obviously the jury's still out about whether they can do enough in the upcoming election. i think sheryl sandberg's point today will be facebook needs help. their big talking point will be that they still doesn't have resources the government has, no-- they don't have the investigative or two-- tools of the cat easily identify who is carrying out these campaigns and what their motives are. lauren: final question. after the senate grilling jack dorsey the head of twitter alone goes bef

mark zuckerberg his network also plunged by two billion dollars a security researcher we spoke to thinks the hack could in fact have been much worse not facebook must keep working on both string it security. because an awful lot of infrastructure an awful lot of users to protect and watch the fifty million users impacted by this plus the additional forty million they've taken extra measures to protect us still only a few percent of facebook's total user base so while this is a very large breach and it could have been a lot worse i think that any effort they can point to bettering their stance on security is always good in terms of how effective that will be we can only really wait and see what the outcome of the eyes as we progress into the future. at least three hundred eighty four people are dead after a powerful earthquake and tsunami struck indonesia on a friday leaving hundreds more injured lots from the countries the streets and see thousands of homes along with hospitals and hotels have collapsed waves up to three meters high hits palu on soloway sea island where a beach festival

nearly be productive workers creating wealth for themselves into slave labor creating wealth for mark zuckerberg this is all about me and this is all about the robots who are taking all the productivity and passing that on through labor arbitrage to the pockets of the tackling. begin strike they say things like serial misinform or to have a platform without those companies facing robert actions which is an interesting phrase the other thing they say is that they have access to twitter and facebook. analytics to be able to determine who's actually getting the traffic through the sites who they want to shut down and to have that want to go back to what you said they were terrance anti-war activists up folks who are against g m o's folks who believe in vaccine freedoms if you were on the edge of what is considered correct stance in terms of mainstream topics if you're not right dead in the center with where the establishment left and right it's all the same beast with what establishment left and right agree yes those voices are be perched the would think that all these people who have been common i

facebook boss mark zuckerberg often leaves the firefighting to his lieutenants.ht to reassure reporters himself, saying the bug had been fixed, but warning that facebook would always be a target. it's an arms race, and we are continuing to improve our defences. i think that this also underscores that there are just constant attacks from people who are trying to take over accounts or steal information from people in our community. such attacks are also of concern to the uk government. we didn't come here for clickbait... facebook‘s previous scandal wiped tens of billions off its market value. not so this time, as investors are starting to believe that, despite negative headlines, its 2 million users will not desert the platform. joe miller, bbc news. staying with technology and security, and here in the uk, senior conservative members of parliament have had their personal details made public. it's down to a fault in an app being used for the party conference, and it made details like personal phone numbers easily accessible. our political correspondent chris mason

even facebook‘s founder mark zuckerberg was affected by the breach.orters that keeping ahead of hackers was difficult. security is an arms race and we're continuing to improve our defences. this also underscores that there are just constant attacks from people who are trying to take over accounts or steal information from people in our community. facebook wouldn't say whether its investigation would look at why the bug was missed by its developers. the company also wouldn't comment on whether anyone at facebook would be held accountable for what is another huge security breach is the world's biggest social network. dave lee, bbc news, in san francisco. welljoining me now is kate bevan, who's editor of which? computing. you are one of the victims of this particular outage. what happened? wendyjuno? was it only wants facebook alerted you? wendyjuno? was it only wants facebook alerted you ?|j wendyjuno? was it only wants facebook alerted you? i was locked out of my account last night as were nearly 90 million people, 50 million have been compromised and

mark zuckerberg get a good user wants. i am excited to announce 0culus quest.ca bles all about two things: ditching the cables and expensive computers go with them, then making the most of the new—found freedom to move. the devices allow you to look around in their direction, but you better stay sitting down, because if you move, the virtual movies not coming with you. —— virtual world. that disconnects and the commotion seconds. six degrees headset is a lady to look around and move around. much more convincing. there are diack clutch of hazards that offers six degrees of freedom. so what is so six degrees of freedom. so what is so special about the 0culus quest? there are a few key qualities that any virtual reality system because of his galleys to have. first it needs to be stand—alone. that way there are no wires. second, it has to support hands. bird, it has two of our six degrees of freedom. 0culus ink six degrees is a secret weapon that allows them an advantage. if you look around me, there is not a singletrack to be seen, and that is because the four cam

even facebook‘s founder mark zuckerberg was affected by the breach.orters that keeping ahead of hackers was difficult. security is an arms race and we're continuing to improve our defences. this also underscores that there are just constant attacks from people who are trying to take over accounts or steal information from people in our community. facebook wouldn't say whether its investigation would look at why the bug was missed by its developers. the company also wouldn't comment on whether anyone at facebook would be held accountable for what is another huge security breach is the world's biggest social network. dave lee, bbc news, in san francisco. two british women have been killed in a car crash in oman. the incident took place on the south coast of salalah, close to the border with yemen. a british man was also injured in the crash, and is believed to be in hospital in a stable condition. the identity of the victims is not yet known. the car giant toyota has told the bbc that production at its derbyshire factory would be severely disrupted if b

it isn't the intrusion of mark zuckerberg >> right >> thank you is much for joining us great to havession >>> shares finishing lower on the day as the company takes another step in the fight to lower drug prices. we'll tell you what they are doing next >>> climbing higher as the feds expected to hike rates the impact on banks and the economy coming up. >>> plans to launch a generic version of one of its key drougs >> it is a new twist in the saga it plans to bro deuce lower priced versions of hepatitis c drugs. how much lower $50,000 on the sticker price they will be identical without the brand names. he did this with the epi-pen it was in the spotlight earlier after it introduced ground breaking hepatitis c treem it offer add cure in just 12 weeks but the price raised a lot of eyebrows, $84,000 it broke down to a thousand dollars a pill since then through discounts and rebates the average price paid has decreased by more than 60% they say patients weren't always seeing the savings they say the move appears to be focused on reducing out of pocket costs for medicare patients and could

ceo mark zuckerberg was among the users affected.cure but that it's too early to know what data was accessed, how it was used and indeed, who was behind the attack. our technology correspondent rory cellan—jones reports. voiceover: we didn't come here for click bait, spam, fake news and data misuse. it's a business trying to regain the trust of its users after a major privacy scandal so the last thing facebook needed was a security flaw which allowed hackers to get access to 50 million accounts. the vulnerability was in a feature called "view as" which lets you see your profile as others see it and it allowed the hackers to steal the access tokens, the digital keys, that keep you logged in to the app. that meant the hackers could have access to anything they wanted to do with your facebook profile. as precaution, facebook has logged out the people who might be affected. i seem to be one of them. on a conference call withjournalists, facebook‘s boss mark zuckerberg admitted how serious the incident was and said the network was under c

this morning mark zuckerberg the chief executive has written in the washington post previewing the hearingled to spot what was going on in 2016 and confronting the issue which will be foremost today, what is going to happen in the mid—term elections and how is their technology going to be used. are foreign actors, ie the russians, going to be using it to interfere in american affairs? sheryl sandberg is likely to reiterate the point, we have taken down 1.3 billion fake facebook accounts, we have added so many more staff members to try and counter this, we have ploughed in lots of money, but are these companies fighting a losing battle on this issue? is the sheer scale which is what makes them suruc which makes it more difficult for them to confront the amount of material, the number of people trying to use their platforms for often malicious ends and they've given the impression of not really being able to cope so far and i'm sure the senators will be zeroing in on that. they will be a huge political battle going on within capitol hill, because there are within capitol hill, because there

on a conference call with journalist, mark zuckerberg admitted how serious it was and said the network. we are continuing to improve our defences andi continuing to improve our defences and i think that this also underscores that there are these co nsta nt underscores that there are these constant attacks on people who are trying to take over accounts or steal information from people in our community. in march, it emerged the political consultancy cambridge analytica had harvested data from millions of facebook accounts. now it has to reassure europe —— reassure users once more. the thought of an attack at being able to get in and attack my account is very worrying. people will be thinking again about whether they wa nt to thinking again about whether they want to stay with facebook. that said, even though people were talking about deleting facebook after cambridge analytica, it turned out many didn't. facebook said it is no reason for users to change passwords and they have now fixed the flaw. that after an investigation, it has the power to impose huge fines. our north america techno

even facebook‘s founder mark zuckerberg was affected by the breach.ters that keeping ahead of hackers was difficult. security is an arms race and we're continuing to improve our defences. this also underscores that there are just constant attacks from people who are trying to take over accounts or steal information from people in our community. facebook wouldn't say whether its investigation would look at why the bug was missed by its developers. the company also wouldn't comment on whether anyone at facebook would be held accountable for what is another huge security breach at the world's biggest social network. dave lee, bbc news, in san francisco. well, joining you now is cyber security analyst emma philpott. thank you for being with us. the potential size of this could have been enormous given the number of users that facebook has. it is surprising to say it but i suppose almost 50 million people being affected is a lot less than it could have been. yeah right, it is a lot less than it could have been but we don't know if those users were targeted

earlier this year, facebook ceo mark zuckerberg altering news feeds with more posts from friends andamily saying we'll show less public content, including videos and other posts from businesses. his goal made facebook more social with less media. requiring everyone from big business toss mommy bloggers to only post content that they create, rather than share other products or recommendations. but some say it has had a massive downside. >> it decreases my income from facebook overnight, by 60%. no explanation. >> the brains behind quirky mama. her facebook page with 3 million followers was so popular, she hired five employees. her husband greg quit his job to work for her. but then in february, her page views suddenly plunged. she blames the change in facebook policy for the massive drop. >> there's a lot of bait and switch here. you know, we were encouraged by facebook to build these communities over there. >> she's not alone. several small companies telling nbc news there's a sudden turn for the worst, feel-good facebook page little things, clips dropped by 75%. when we asked facebo

you heard mark zuckerberg last time. a lot of people thought it seems the congress members don't know about technology. how do they regulate it. they seem to have a better understanding. senator warner saying the days of the wild, wild west are over for the tech industry. if we can put the stock prices up on the screen. tech stocks started falling. facebook stock down 2%. twitter is just down over 6% actually. i think that is because sheryl sandberg had confidence. she doesn't have tech and business experience, but she was in the political world. she was trying to help jack dors dorsey. jack admitted he is very shy. he is not the best communicator. he was reading from his phone. he said i would tweet it. he tweeted while testifying before congress. he talked about fundamental problems twitter has on the platforms. investors saw this and got nervous. some regulation may be coming. investors don't like regulation. >> this is the deregulation administration. now suggesting a regulation of tech companies. sam, thank you. >>>

the topic mark zuckerberg was grilled on when he testified in april. >> senator, my position is thathere should not be no regulation >> you going to embrace regulation >> i think the real question, as the internet becomes more important in peoples lives, what's the right regulation. >> but you as a company, will you welcome regulation >> if it's the right regulation, yes. >> this will be jack dorsey's first time on this stage to weigh in on these issues he will get a double dose of questions, testifying before the house this afternoon on the question of bias in twitter's content monitoring in prepared remarks dorsey saying twitter does not use political ideology to make decisions. we do not expect to see google at the witness table larry page, the ceo, was invited but they rejected saying they would send a policy executive, kent walker. we'll see how that shakes out. >> is there any expig ectation a the questions will be more pointed or technologically literal than some questions asked of mark zuckerberg >> i think there were some memorable instances where the senators showed that th

they have to say they are not umpires calling balls and strikes. >> let's talk about your point mark zuckerberg, ted cruz grilled zuckerberg about facebook political bias. >> a great many americans, who i think are deeply concerned that facebook, and thoratec companies, are -- tech companies are engaged in a pervasive pattern of bias and political censorship. >> i understand where that comes from, facebook and tech industry in silicon valley, this say left leaning place, this is a concern that i have, i try to root out in company making sure we don't have any bias in the work that we do. and i think it is a farrakhan certain. liz: okay, apology tour within away. what can congress do to ensure there not bias on social flat platforms, thig they are privaty run companies, can you step in and regulate them. >> you have to look at is what have they become as far as content, and dealing with it there is an issue of free speech, everyone should say what they want, that is what the first amendment is like, not for just things you like, there has to be a fai fairplaying field tt now dynamic has shaped -