also with me, our guest post, roger mcnamee.ut what is the numbers and the future here. selina: forecasts missed their targets. they had the ad restrictions. the earnings came just days after the chinese party conference. the positive side is that this might just be a one-time problem. but overall, there's still political headwinds. they have a big content section which is up for stronger censorship restrictions overtime. tightenen xi gradually policy. emily: roger, what is your take on what we are seeing? roger: i'm curious about your thoughts on this. we're always going to have things like this. there is a bit of a black box to the government policy around china that will be an issue every quarter for the indefinite future. you are always going to have these moments of uncertainty, where the numbers are affected by some government policy or by trying to get out of the way of government policy. selina: investors have to realize there will be a damper on profits. they have to have a large staff to watch over content. there is no

roger mcnamee says there are even bigger problems awaiting facebook roger, great to see you again. >> melissa, always a pleasure to be on "fast money." >> you got fast company on fast money here, roger. in terms of the bigger problems facing facebook, what could they be this seems pretty bad. >> the problem here, melissa, we don't yet know the dimensions of the result infiltration of the facebook platform. what we already know is that it was huge, it was very deep it involved not just facebook but also twitter, reddit, fortune, a bunch of other things in a highly coordinated program that began well before the election campaign began. so they were doing things like supporting secessionist movements in texas and california they were trying to cause essentially anger to increase on both sides of black lives matter they were organizing things against immigrants they were doing things designed to stoke resentment inside the united states well before the election and facebook was an amazingly effective platform, because facebook is always taking the position that they are not responsible fo

i'm carl quintanilla, sarah and john ford joins us and co-founder roger mcnamee good morning to everyone pressure against big tech is not letting up uk prime minister theresa may making news saying her cabinet is considering regulating facebook, news organizations this has facebook ceo sheryl sandberg prepares to make a trip to capitol hill. google, twitter set to testify next month roger, in this new op-ed you're asking them to go further. mark zuckerberg, if he wants to earn our trust an forgiveness must personally earn it what do you mean by that >> i think the big issue we're dealing with, carl, is that the people who are on facebook are on facebook because they love to have their views reinforced. it's for the just about family photographs, it's not just about vacation photographs a lot is about being around the same people who believe the things we do. one of the challenges for facebook in the aftermath of the u.s. election is that the people believe that everyone else was misled by the russians and others. they don't believe they were i believe it's really, really important for fa

roger mcnamee will join taos explain that dow is up. don't go away.u're not thinking clearly, so they called the fire department for us. my first truck was on the scene within five minutes. i am grateful we all made it out safely. to protect what you love, call 1-800-adt-cares i can't wait for her to have that college experience that i had. the classes, the friends, the independence. and since we planned for it, that student debt is the one experience, i'm glad she'll miss when you have the right financial advisor, life can be brilliant. ameriprise shares weighing most on the financial side of things, that stock, navient, hitting a 52 week low s&p regional bank down a percent in early trading of course all of this ahead of jpmorgan and citigroup earnings expected out tomorrow morning. we're also going to keep a close eye what's going to happen with the fed and minute announcement. definitely financials in focus that does it for this hour of "squawk on the street. let's head back to the new york stock exchange for "squawk alley." >> good morning. faceb

. >>> more on costco earnings on "fast money" tonight along with roger mcnamee, says facebook is in aore trouble than you think starting at the next of top hour. >>> coming up here kansas city fed president is about to make comments at a conference in austin, texas. bring you those remarks as soon as it happens. >>> and amazon's disruption seems to know no bounds. now they're turning grad school recruiting on its ear. that story ine iou"ft ke."s xtn r as ♪ if you could book a flight, then add a hotel, or car, or activity in one place and save, where would you go? expedia gives you the world in your hand, so you can see more of it. expedia woman: every year we take a girl's trip. remember nashville? both: kimchi bbq! amazing honky-tonk! i can't believe you got us tickets! i did. i didn't pay for anything. (sigh) you never do. send me what i owe. i've got it. i mean, you did find money to buy those boots. (alert beep) are you serious? is that why you don't like them? those boots could make a unicorn cry. yeah! tears of joy. (groan) settle up with your friends on october 17th with the ba