of these half a million, about 40 % are active on meta platforms. for this reason , the state of new mexico has sued this company. it has become a breeding ground for hunters. this was written by the prosecutor of new mexico, according to cnn, citing the prosecutor of this state. he accused meta of exposing young users to immoral content on facebook and instagram and created a package. that senior users can contact children they do not know. the company closed the accounts that were used for research in this case. dealing with the violations of this american platform is not only a matter for american lawmakers. in europe , the legislators announced that meta must answer what he has done on instagram to protect children and he has until december 22 or the 1st of december. if he misses this deadline, he will probably have to wait for fines and new eu controls. mohammad javad rahnama, radio and television news agency. specialists of a knowledge-based company succeeded in the device production line imaging with. internalize the use of the x feast. with

i would like to tell you that arabic news and news related to gaza were censored on meta platforms and another thing happened due to the request of the european commission. was. this artificial intelligence of these companies has a confidence threshold for monitoring that they actually check to censor or delete this content or not. regarding palestinian supporter content, the content of palestinians and supporters of palestine. this confidence threshold of 80 is set at 25%, meaning that if the intelligence gave 25% probability that this content is against the regime , it would actually remove the content, that is , remove it in a way and make it bulk, yes, the reason is that the european commission requested that the contents should be deleted as soon as possible he announces that he has actually deleted hundreds of user accounts affiliated with hamas. more than 500,000 unique posts with harmful content against palestinians . or we have former twitter. hebrew language content cannot be moderated at all, while it often contains violent and hateful content against palestinians, and there

meta platforms and ibm and other tech companies launching a new a.i. alliance branding themselves as the openai al alter alternative. >>> take two. forced to call an audible for the video game leaked online. >>> and pressure is on at disney. the nelson peltz proxy battle enters a new phase today. it is tuesday, december 5th, 2023. you are watching "worldwide exchange" here on cnbc. >>> good morning. welcome to "worldwide exchange." i'm frank holland. we kickoff the day with the check on the stock futures after the rough day for wall street. take a look. you see it is red across the board. dow would open up 30 points lower at this hour. as always, it's early. major imagines ars averages are coming under pressure with the russell 2000 coming off a fourth possible siitive session in a r. rates have declined. however, it is more than 20% from the all-time high. speaking of rates, we check the bond market. we are at 4.24 for the ten-year note. these rates have fallen on expectation that the fed is done cutting rates. we look at commodities as we watch the p

that does not account for how the platform works. meta -- the way posts can make it onto people's feeds is a combination of design choices in terms of what the company believes users are more likely to do and some straight algorithmic black box work in that you were literally turning over to a computer the goal of maximizing engagement. however, whatever content it predicts is most likely to yield engagement. one thing they did intentionally was dial up variola date. they made -- dial-up virality. one thing in the book that touches -- not everything is algorithms. where a company went wrong was the friending team. the team responsible for increasing friends on the platform. the problem is they realized that for several years the way they had been hitting targets was by encouraging people who are already friending more than -- more than 50 people each day to friend more people. as soon anyone hears that they might think, nobody makes legitimate 50 friends a day on a regular basis. what activity are you boosting? host: like spam. jeff: it s

meta platforms up almost 200% year to date. we have to show you the laggards.nphase energy down 49% and followed by fmc corp and dollar general down 45%. >>> turning back to the markets, a year ago, there were several dark clouds like ninflation and rising rates. the dow now at a record high and the s&p closing in on the all-time mark and the nasdaq set for the best year since 2003. our bob pisani talks about the challenges for 2024. >> one of the big events of 2023 was the magnificent seven leading a.i. names like nvidia up 236%. meta up 196%. amazon, alphabet up 50%. the few points of the a.i. rally. hand wringing these were the only a.i. beneficiaries were not true. others benefitted as well. not just semiconductor companies like amd, but anything involved in the cloud businesslike arista cloudflare. if this plays out like other disruptive technologies, expect the ecosystem to expand in 2024. second, hand wringing has not occurred. microsoft's 2024 earnings at 28 times forward earnings estimates is slightly above the five-year average. apple and meta are clo

i would like to tell you that arabic news and news related to gaza were censored on meta platforms and another thing happened that was due to the request of the european commission. these artificial intelligence companies have a certain threshold for monitoring, and they actually check this. should they censor the content or not delete it or not about the supporter of palestine content, the content of palestinians and supporters of palestine the confidence threshold of 80 is set at 25% , that is, if 25% of that intelligence predicted that these contents are against the regime, the content will actually be deleted in a way, so to speak. be it thank you for your presence on the platform , now twitter or on october 12th, the ceo of twitter announces that he has actually deleted hundreds of user accounts affiliated with hamas. more than 15 thousand unique posts with harmful content against palestinians. we have this or the former twitter , the content of the hebrew language cannot be adjusted at all while there is often violent and hateful content against palestinians and there is no monit

they said that meta's platform is engaged in a shadow band of palestinian content. we reached out to meta for its response, as well as senator alex padilla's office. they said they have received more than 2000 complaints of islamophobia or anti-palestinian hate since the war began. >> thank you. >>> every year, americans are duped into buying billions of dollars of counterfeit products. a recent survey found that seven in 10 consumers were deceived by a counterfeit at least once in the last year. >> everything on this table they see is a fire hazard. >> the danger posed by these bogus products and the new high-tech collaboration, aimed at cracking down on the trillion dollar criminal industry. >>> and the richmond city council is right get answers from residents who have complained about bad smelling air. an emergency meeting is about to get underway. the council will hear from the group that runs the richmond wastewater treatment plant. residents reported foul orders near the plant. they say the smell came from elevated levels of hydrogen sulfide. people who live in

elon musk is pushing people into the arms of mark zuckerberg but people seem to be going back to meta platformshatting to _ their droves. well, fascinating chatting to you. _ their droves. well, fascinating chatting to you. thank- their droves. well, fascinating chatting to you. thank you - their droves. well, fascinating | chatting to you. thank you very their droves. well, fascinating - chatting to you. thank you very much indeed. a tech journalistjoining chatting to you. thank you very much indeed. a techjournalistjoining us there. discussing alexjones' return to the social media platform x, formerly twitter. you can read plenty more on that story on the website. stay with us, more coming up website. stay with us, more coming up shortly. hello. another wet day for many of us. and further rain and wind to come for a time at least this evening, particularly across western parts of the uk, around the irish sea. but then later tonight and towards the early hours, the skies will clear and the winds will fall light. now, if we look at the satellite picture, this swirl of cloud that is actually sto

a >>> cathie wood is snapping up 9,000 shares of microsoft for the etf and 10,000 shares of meta platforms. this is the first meta buy in five months. her firm held 285,000 shares of meta before the latest purchases. >>> coming up on the show, leave the cheese bust and orange colored fingers at home. how a collaboration with f frit-o-lay and a cocktailmaker means good times for you. that's coming up. we love going to games, but good seats get pricey. so we use gametime. gametime checks ticket prices in real-time and finds you all the best last minute deals. we got our seats twenty minutes ago for sixty percent off! last minute tickets at the best price, in seconds. download gametime now! i'm a little anxious, i'm a little excited. at i'm gonna be emotional,nds. she's gonna be emotional, but it's gonna be so worth it. i love that i can give back to one of our customers. i hope you enjoy these amazing gifts. oh my goodness. oh, you guys. i know you like wrestling, so we got you some vip tickets. you have made an impact. so have you. for you guys to be out here doing something like this, it r

fresh off the unveil, amd is counting meta platforms and openai and microsoft as part of the first customers for the chip set. those rivals from nvidia have dominated from the marketplace. lisa sue says this chip is one step in a whole new race. >> this market is moving faster than anything we have seen before. we have accelerated our road map. we spent a lot of time with our largest customers. my 300 is great, but we are talking about the next generation and next, next generation. there is a lot of stuff in the pipeline. >>> and abbvie will acquire cerevel therapeutics. under the terms of the deal, abbvie will pay $45 per share. the buyout is the abbvie latest to expand the drug pipeline as the top selling products like humira is facing competition. >>> and spacex is initiating discussion to sell insider shares to value the company at $175 billion or more. according to bloomberg, this offer could range $550 million at $95 a share. terms of the offer could change depending on interest. the jump from $150 billion valuation hit over the summer to $175 billion could make spacex one of the large

. >>> new this morning, google, meta platform, qualcomm, and several other companies are teaming up forthey're calling for the coalition for open digital ecosystems or c.o.d.e. they're looking at the digital markets act. joining me with much more is stan larue. the private company is one of the partners in this new coalition. thank you for being here. >> good morning. >> you're quoting an article that came out this morning that members of c.o.d. emt, you had conversations about what good likes in terms of ecosystems. what's the good? what's the consensus you've come to? >> i think the good is the choice for the customer. having open and consistent plans for messaging and digital lives is better and we have more choice. right now it's very hard. it's part of the group and legislator with the european commission >> i want to dig into this a bit. the digital mandates, the gatekeeper, the giants that control access to their platform, the platforms with third parties, how would this potentially impact your business, and just for clarity, are you the third party or gatekeeper? >> in that situ

meta platforms and ibm and other tech companieshi

meta platforms, up 194%, part of that big communication services trade. royal caribbean, up 163% in the resurgence for many travel related names. so there we go the year 2023 in a nutshell, kelly. we'll see if the story changes in the last couple of hours. back over to you by the way, happy new year, kelly. it's been a great time hanging out on "the exchange." >> we like you so much, dom, we'll see you next hour. >>> the prospect of looming fed rate cuts has helped fuel the market's recent winning streak the probability for a march cut is at 85%, while cuts in may and june are fully priced in but my next guest says the market is getting ahead of itself and will be disacounted when those cuts don't materialize. joining me is bill lee and rick santelli is also with us welcome to you both. bill, why the pushback >> well, in order for the market to be correct, we're going to have to start seeing weakening in the real gdp or some real falloff in the inflation rate that gets us to 2% or below the fed's target the fed has already programmed in three to four rate

one of the ones we have added back is meta platforms. it's not a big position. we've been taking profits out of some of our stocks and reallocating back to meta. why? when we sold it, we were not crazy about the metaverse strategy and how much capital meta was allocating to that particular strategy. when mark zuckerberg pivoted effectively into his ai strategy, we think they're in a brilliant position from an ai point of view and pushing the envelope on open source ai, which should help them in their own business. >> that one confuses me, because zuckerberg pivoted more his messaging than he did in his spending. he's still spending a lot on the metaverse, just not talking about it as much. and the stock has come back a long way from when it initially fell. so why buy it here if he's still doing the same things that you sold it for? >> well, he is de-emphasizing metaverse in favor of much more focus on ai. i think chatgbt have lit a fire under a lot of companies, and a lot of companies have said this is where innovation is really going to take off, and take off a

, other platforms allowing election lies. meta recently emerged will take money from candidates to allow them to promote lies that the 2020 election was stolen. >> the pendulum is swinging back. something to watch. i don't know where the line should be, clearly shifting back the other way. >>> cnn this morning continues right now. >>> new cnn polling shows president biden struggling in two critical 2024 battleground states. >> georgia, goes back into the trump column. >> these numbers in michigan would be an alarm bell for him. >> donald trump announced that he's now not going to testify at his new york civil trial. >> clearly a reversal here from donald trump. >> this is smart move, or the least self-destructive move. >> congress stalled over foreign aid to ukraine and israel. >> if we don't solve this, vladimir putin is going to have an opening to march through ukrainian threatening all of europe. >> two university of pennsylvania leaders have stepped down. >> an intense spotlight is on the heads of harvard and m.i.t. >> it made

the civil suit filed on tuesday argues that meta's platforms, facebook and instagram, are a breeding afficking. the distribution of sexual images, grooming and solicitation, adding that meta's motive for doing so is profit. new mexico attorney general raul torrez filed this lawsuit and joins us now. thank you so much for joining us. your office conducted its own undercover operation creating fake accounts for children, in one case as i understand, a fictional bad mom. tell us about what you found? >> what we found was shocking. it was a flood basically of sexually explicit material into these accounts, solicitations for sex acts, and what was pretty clearly a platform that had no guardrails in place, and in fact, looked to be steering that kind of content and those predators to what these people believed was a vulnerable child. >> we have a statement from meta that reads child exploitation is a horrific crime, and online predators are determined criminals. we use sophisticated technology, hire child safety experts, report content to the national center for missing and exploited childr

well, the state of new mexico filed a lawsuit against parent company meta platforms saying that it steers child predators to kids. it also claims meta has failed to implement protections against usage by children below the age of 13 and he's even targeted the age related vulnerabilities of children in the interest of increasing advertising revenue. meta said it works diligently to protect its young users. apple is reportedly preparing several new mac and ipad models and upgrades for early next year. the companies looking to reverse a decline in sales. bloomberg reports the new ipad air will come in 2 sizes for the first time and the pro model will get a brighter screen. the mac book air meanwhile, will feature the speed. you're 3 processor and you're right. mcdonald's announced a new alien themed restaurant called cause mix visitors to the first location opening this month near chicago will find 4 drive-thru lanes, no dining room and a smaller format than a traditional mcdonald. it's all designed around what mcdonald says consumers growing preference for takeout food live from the nasdaq

now assess that technology companies, including alphabet, the parent company of google, also meta platformsde big cuts to those dei programs in 2023 so far. so, joining us now is the author of that piece on cnbc.com, jennifer lifs, who report some technology out in the west coast. jennifer, thank you so much for being here. can you take us through what exactly is the cut? why exactly the cuts are happening the way that they are right now, and just how big in scope could they be? >> right, don. so, what we have found is tech companies, including many of the big companies we know, made large commitments to underrepresented talent and their party organizations in 2020, amid the george floyd murder. we found this year that a lot of them have downsized some of their commitments. they have cut the ei orgs, which means things like you know, people who are in charge of recruiting and retaining underrepresented talents, cutting people in those positions, and, then as well as backing down from some of their sponsorship and participation in some larger tech conferences that help increase this represen

elon musk has called for disney ceo bob iger to be fired for not pulling advertisements from meta platforms in light of an investigation that alleges facebook and instagram are steering child predators to kids. musk has been a vocal opponent of woke culture at disney's decision to embrace it. musk has locked horns with iger in recent weeks after disney and other major businesses decided to leave acts from the nasdaq market site. i'm gonna come out. pass. back to you. thank you, monica. >> u.s. senate is scrambling to reach a bipartisan deal on border security, the border to talks have delay the passage of president biden's request for aid to ukraine, israel and taiwan. wiernicki has the latest from dc. >> good morning. border talks on capitol hill have hit a stalemate, but senators aren't giving up hoping to strike a deal by christmas, secure the border before we get attacked. senate republicans are demanding tougher border security policies in exchange for their support for president joe biden's 106 billion dollars supplemental funding request. >> that includes aid for ukraine in israel. i

, other platforms allowing election lies. metaently emerged will take money from candidates to allow them to promote lies that the 2020 election was stolen. >> the pendulum is swinging back. something to watch. i don't know where the line should be, clearly shifting back the other way. >>> cnn this morning continues right now. >>> new cnn polling shows president biden struggling in two critical 2024 battleground states. >> georgia, goes back into the trump column. >> these numbers in michigan would be an alarm bell for him.

the s&p 500, the tesla, meta platforms up more than 1%, vf corp. also up more than 1%. we've already done those. let's do the nasdaq wincer, why don't we? tesla up 1.5%, intel again. astra astrazeneca, they're up 2% and meta again up 1%. all right, coming up, an op-ed on m msnbc.com begs republicans to impeach president biden. the author argues that any impeachment process will only help biden in 2024. so does "the wall street journal"'s allysia finley agree? if she's here, i'm going to ask her. also a massive migrant caravan is heading to our border or. it's the largest group in over a year, could grow to 15,000 people. how does law enforcement prepare for something like this? we're going to talk to the sheriff of riverside county out in california. >>> and the new year will bring more pay for nearly 10 million americans thanks to states raising their minimum wage. economist stephen moore are take that on next. ♪ ♪ sofi is helping me get my money right to achieve my ambitions. want to see? (♪) like saving for the ultimate tailgate setup. with sofi checking and savings,

meta platform ripping 194% tesla, jumping 102%. amazon up a paltry 81% google, microsoft, apple also having big years, up about 50% or more for those mega cap names. it is a year that exceeded a lot of expectations. so where can the markets go from here given that setup? steve grasso, since you are here on my right-hand side site we'll start with you >> right here on the right-hand side so i think the knee-jerk reaction is to think the market has pulled forward a lot of performance, so maybe it is due for a correction that's the knee-jerk reaction. i always do the reverse the reverse. i'm not sure where that leads me >> you have confused me already. >> exactly i confuse myself a lot so i think if you look back on performance for january, january's not a terrible month for the markets either so i want to bask a little bit in this bull market blush, if you will maybe a couple of months more. i do think we are going to get a test the test might be middle of january, it might not be, but i don't think we are looking at a cataclysmic fa

the dozen or so that exclusively own fang, my own acronym for facebook now meta platforms.e incredibly well-run companies they can get dragged down by an etf driven rep side. fang is the most ridiculous example, because when netflix catches a cold, even if the streaming video business of netflix has nothing to do whatsoever with the business of meta , strange. a lot of times you will get situations where sellers throw the baby out with the bathwater. if the worst company in an industry reports bad numbers, the whole group tends to go down. even if everyone else is doing well. these are opportunities. we saw them in the cybersecurity stocks in april 2023. one of the worst offers and artistry reported bad numbers. whole foods sold off. turns out to be a great buying opportunity, one of the great buying opportunities to buy this stock up. they were higher over the next months. sometimes the market is up, you see companies report good quarter after good quarter to no real effect. and suddenly critical mass saying hold a just a second. things are really going well there. so the

meta denies the claims and denies the platforms put children at risk. a spokesperson from meta says we use sophisticated technology, hire child safety experts, report content to the national center for misses and exploited children and share information and tools with other companies and law enforcement including state attorneys general to help root out procedators. meta says it has removed hundreds of thousands of accounts, groups and devices for violating the child safety policies but new hampshire's attorney general said they failed to make sufficient changes saying the business model profits over child safety and business practices of misrepresenting the amount of dangerous material and conduct to which the platforms expose children, violates new mexico law. we are joined by the attorney general of new mexico raul torrez. mr. attorney general, thank you for joining us. i think every parent is certainly listening up right now. what remedy are you looking for? what do you want to protect these kids? >> well, fundamentally, we are looking for a culture

tesla, meta platforms and nvidia, the only members doubled in value so far this year.his year. great returns? a lot driven by the sharp drop in interest rates mike spoke about in the final months of the year. a bid in the stock market. u.s. treasury notes and bonds a banner quarter since lows of october, by the way. long-term treasury etf, 20-plus years etf, about flat on the year. up three quarters of a percent, but since the lows in october, the move that we've seen higher in this stock is roughly 21% for this etf, which tracks, again, u.s. government debt. you're getting these stock returns for u.s. government bonds in the final two moss of the year, and, brian, it's not just the u.s. treasury market. sovereign debt around the world a banner couple of months. something to watch in whether or not it plays out in the beginning part of 2024. >> it is amazing how much there's politicians, dom, keep coming after tesla when you have chinese competitors coming in and tesla employs a lot of americans. that said, a question on set. leslie picker and mike and i were talking,

to that point you can see match oup, meta platforms, news corp., disney among the outperformers.ting help from the report saying that alpbet may be looking to restcture the 30,000 person ad sales team not clear what the restructure will be but that's providing some of the bid. keep an eye on com services back to you. >>> i was wondering what was behind the move up in alphabet and future cost cutting is something encouraged by investors will. dom chu back at hq. >>> wall street firms are rolling out the top picks for 2024 and amazon is on a list of choice for number one. both of our next guests have chosen amazon. mark malani and john blackledge. i guess we're not going to get a lot of debate here between the two of you on amazon. mark, let's start with you in terms of what it is that you believe is going to drive the stock higher in 2024. >> two things, david. first is aws growth has to reaccelerate. if you knew a year and a half ago it was going to go from 30% year over year to 12% it was under performing. it didn't but it did for periods of times. we think there's data points o

out of this story, is that the disney story, which is that the disney have been advertising on meta platformshey are being instagram, and they are being sued by by new mexico meta for enabung sued by by new mexico meta for enabling child sexual abuse material . so what musk is material. so what musk is highlighting is the hypocrisy that disney has boycotted from x but will still advertise on meta which he's saying is much, much worse. that's completely omitted from story. just wanted from the story. so i just wanted to say that. >> but the big story is, is that disney is team world. they sell all over the they did all over the world. they did mulan china. are these mulan in china. these are these are people . it's not the are evil people. it's not the disney that we used to know. and he's boycott them that he's right to boycott them that just we need boycott just like we need to boycott sainsbury's sainsbury's because they boycotted gb because their boycott because they're boycotting us. we got the same stuff on. musk is the stuff going on. elon musk is the greatest. i mean, i don't know whet

about 10,000 shares of meta platforms as well.st big microsoft buy in nine months, and first meta buy in five months. arc next gen internet fund is higher up 80% this year, but down 50% over e sthr.thla tee we'll be right back. why are we the only birds heading this way? [ screams ] we're trying to get to jamaica. stay close and... everything will be all right. i'm ok. i'm ok. >>> fed kicks off its two-day fomc meeting today. many expecting another pause when it comes to rates, but that said, what does it mean for stocks in 2024? steve liesman joins us with results of our latest cnbc fed survey. hey, steve. >> hey, carl. yeah, kind of upbeat, rate cuts and a soft landing are in the forecast and so is s&p a,000. none of it is going to happen as soon as the market wants. maybe a couple years for the s&p 5,000. here's the forecast of this i want to call it the equity group. you can see 418 7, so not so greatthis year. 4583 now. you go and look at what happens, it goes up to 5,000 or above 5,000, by december 2025, so that's just an 8%

out of this story, is that the disney story, which is that the disney have been advertising on meta platformseing instagram, and they are being sued by by new mexico meta for enabung sued by by new mexico meta for enabling child sexual abuse material . so what musk is material. so what musk is highlighting is the hypocrisy that disney has boycotted from x but will still advertise on meta which he's saying is much, much worse. that's completely omitted from story. just wanted from the story. so i just wanted to say that. >> but the big story is, is that disney is team world. they sell all over the they did all over the world. they did mulan china. are these mulan in china. these are these are people . it's not the are evil people. it's not the disney that we used to know. and he's boycott them that he's right to boycott them that just we need boycott just like we need to boycott sainsbury's sainsbury's because they boycotted gb because their boycott because they're boycotting us. we got the same stuff on. musk is the stuff going on. elon musk is the greatest. i mean, i don't know whether he's

platforms. certainly we saw many concerns in previous selections involving meta slash facebook. we see concerns involving access. we've spoken about several times on o, g, a 0 regarding and this is partly because these platforms are not truly governed by the public, right? they're not truly governs by the most, at least in the context of elections or electrical issues. let alone the concerns that your other guest mention, which i have very much agree with around the health of an economy where all of our own personal data and the internet that we all paid for is being basically monetize and by corporate actors that have not really shown a lot of sense of um, you know, kind of a legions to the public problem. so what i think the much more interesting and important question rather than kind of going, you know, all gone so on the next technology. another next technology in the next technology is asking the big questions of how we wish to live on this planet. what should not be data 5, how, what, how do we truly ensure that democracy and a more equal economy governs and drives these t

. >> but really the meta platforms, right?rosoft, the apples and whatnot that have done the heavy lifting. why you see that gap widen out, especially since the pandemic lows. >> beautiful. >> so much by zero interest rates and recovery from the pandemic. mega caps are huge in the story. >> i thank you and terry king for coming up for that -- >> that's not me. you called for that shot. terry, teresa, all we're doing trying to put words to the graphics you're seeing out there. >> well done. >>> catch-up trade to catching up -- >> heinz 57. >> heinz 57. see what other condiments have in store for 2024. a closer look. >> mustard trade. >> at the market -- mustard trade. exactly. relish. morgan stanley investment management. andrew, to kind of tag on to what dom was showing us there. it's interesting. because the so-called catch-up trade, we described, that 200 basis-point differential between the equal weighted and the s&p 500, to me, that's happening largely during a period where you don't have much in the way of fundamental news

community, you know, but whether that can work in parentheses, debatable, google and meta are taking it different on those platforms, anyone running political ads must 1st disclose whether they use a i tools metal also works with independent fact checkers. well take talk solution is to simply ban all political advertising in a u tech joints like methyl x can now face of the penalties if they don't do enough to come back this information and defects and will actions are also being taken on the industry level. many media companies, including dw, now have their own fact checking teams that the funk this information. one example is in kenya with a new initiative called from beula, which roughly means finding out or opening your eyes ins why healey to help. they've been listed a kenyan influence on is to cause include, makes take talks about politics in kenya. so i'm ready for it to do and i see things happening as condos and whatnot. i usually just want to talk about is she currently has more than 200000 followers. i just love knowing and hearing that, i'm not i learning these, they could not induce, stuck us thinking

we know that meta-platforms is working on others and moving very quickly. a much lower cost.se. we want to see the open source movement. in the venture fund -- carol: we never have enough time with you. can i ask you a quick question, five seconds? any future etf's coming our way from you guys next year? really quickly. cathie: we bought a company in london. they have some very interesting funds. carol: we will leave it there. we always have our audience wanting more from you. happy new year. if you missed any of it, check it out at bloombergtechtv.com. coming up, and rathburn. this is bloomberg. ♪ (sfx: stone wheel crafting) ♪ the biggest ideas inspire new ones. 30 years ago, state street created an etf that inspired the world to invest differently. it still does. what can you do with spy? ♪ - after military service, you bring a lot backh spy? to civilian life. leadership skills. technical ability. and a drive to serve in new ways. syracuse university's d'aniello institute for veterans and military families has empowered more than 200,000 veterans to serve their communities

. >>> meta's social media platform threads is now available to users in the european union that platform launched a competitor to x today and nearly six months after it came out in the u.s., the eu faced delays to make sure it met regulations. >>> the company will pay to use its news stories with atricks to train its a.i. machines. the two companies didn't share the financial terms of that deal. >>> a world cup jersey set sold for $10 million, $7.8 million. less than the $10 million. the most valuable this year. lot of money. >> that's a lot of money. >> that's true. >>> coming up, steer clear. the bull that caused chaos at one of the busiest train stations in the country. >> more puns from you. >>> plus, cracking down, a rare inside look at how police are inside look at how police are protecting retail stores from a when my doctor gave me breztri for my copd things changed for me. breztri gave me better breathing, symptom improvement, and reduced flare-ups. breztri won't replace a rescue inhaler for sudden breathing problems. it is not for asthma. tell your doctor if you have a heart co

>> on platforms like meta, when meta was facing a similar boycott a few years ago, they said the same thing, most of our advertisers are on the long tail of small to medium size companies, it's true that these sorts of companies are a big source of revenue, but "x" has never been -- especially an attractive source of advertising for companies, so to say that it's going to rely on this cohort, it's tough to say whether that's enough. >> let's talk about linda yaccarino, ceo of "x," she was the former head of global advertising for nbc universal, she was brought in to make the advertisers the big companies feel comfortable, she said earlier this year that it's safe to come back, you could feel comfortable placing your ads next to our content, and then this happens, and the moment at deal book. so she seemingly has been hamstrung, hands tied from the start. what does she do now? >> i have had multiple people who either know her or who have worked with her or know of her reputation say that they were heartened to hear that she had been hired on but lately they've been shocked to see how m

google and meta are taking a different approach. on those platforms, anyone running political ads must 1st disclose whether they use a lot of tools. metal also works with independent fact check as well. take talk solution is to simply ban all political advertising in a u tech joins like mental x can now face severe penalties if they don't do enough to come back this information and defects and will actions are also being taken on the industry level. many media companies, including dw, now have their own fact checking teams, but the bunk this information. one example is in kenya with a new initiative called from beula, which roughly means funding out opening your eyes into a healy to help david listed a canyon influence on. is to cause include, makes take talks about politics in kenya. i also need to talk to somebody and i see things happening as condos and whatnot. i usually just want to talk about is she currently has more than 200000 followers. i just love knowing and hearing, but i'm not alone induced. i could not induce stuck us thinking like i yo

how do these platforms -- how does meta get their net worth? well, all of this is based on the number of eyeballs they capture, the length of time that they can keep people on their site. so they ignore the suggestions on how to make that site safer for our children. meta employees actually said that preventing the system from pushing this content to users who are interested in it. well, what users do you think are interested in child sexual abuse content? it is pedophiles. it's criminals. so here you go. these employees said that preventing the system from pushing this content to users interested in it, and i quote, requires significant changes to the recommendation algorithms that also drive engagement for normal users. end quote. i cannot believe that they are so hardened that they are so careless that they would think that. somebody wants this, serve it up. it may have a child who is sexually exploited or even a child that is missing in that video, but you know what? serve it up. they think the dollar is worth it. the journal also reported