miss sandberg, then you, mr. dorsey. ms. sandberg: absolutely. trust is the cornerstone of our business. people have to trust what they see on facebook is authentic. people have to trust this is a positive force for democracy and the things they care about. so this has been a huge issue for us. that's why we're here today and keep working to get ahead of these threats and make sure we can minimize all this activity. mr. dorsey: our incentives are aligned. i to believe it goes deeper than just the alignment of our company incentives with this committee and the american people. i believe we need to question the fundamental incentives that are in our product today. every time someone opens up our service, every time someone opens up our app, we're implicitly incentivizing them to do something or not to do something. and that extends all the way to our business. and goes -- those answers we get from asking that question are going to create massive shifts in how twitter operates. i also believe how our industry operates. what worked 12 years ago does

sandberg: our policy is inauthenticity. if you are pretending to be someone you are not, you come down. if you are an authentic person who rsvped to an event, that is not authentic, we would let you know. sen. blunt: mr. dorsey, back to that of the question. from a business and reliability standpoint, what is the downside of being out where you are now trying to everyday implement policies that nobody has ever implemented before? mr. dorsey: i think there are a number of short-term risks. but we believe that the only way we will grow and thrive as a company is by increasing the health of this digital public square that we are hoping to build. we also benefit as cheryl mentioned from tighter collaboration and tighter partnership. we've really strengthened our partnership with government agencies since 2016. there are a few areas we would like to see more strength. we would like a more regular cadence of meetings with law enforcement partnerships. would love to understand the secular trends that they are aware of. seeing in o

sandberg, mr. dorsey? ms. sandberg: sir, you're right. there are a lot of ways to try to game the system. we want to try to invest and get ahead of any tactics >> this is one of those top ekes where you are asking them for asking you and trying to follow the money? that?ve seen has it been one of those issues too hard to think about? is both. we have seen it from others. that would be a critical issue. i would hope you continue to work and urge our colleagues to you on that regard. i am no a technol lo gist but you coulde that identify a presence that you on that your consumers that 35% or 80% of the messages generated electronically. it is that feasible. that is something you are doing? mixed answer right now. it is a next mixed answer right now. we're able to identify automations coming through the api. comments hearner's would be able to label that with context but we're not easily able to identify people who may be scripting our website. when automation is scripting our website to look like a human actor. as far as we can label and id

miss sandberg?> -- sandberg? we have always shared information with other companies but i think we are doing better and we can continue to do better. you noted in your opening remarks that some of the tips we got came from a private security firm. in our mind, that is the system working. our opponents are well-funded, very organized and we're going to get those tips from law enforcement, from each other, and the faster we can collaborate, the faster we share those tips with each other, the more -- the stronger our collective defenses will be. >> the last question from the chair and i will go with you first, miss sandberg. if a foreign influence campaign is detected on your platforms, is there a defined process by which other platforms are alerted to the campaign you have discovered? sheryl: our security teams have been in close contact and when we find something, we are reaching out to our company -- other companies and working more closely. we have been talking about how there is room for improvement. i think we

sandberg echoed this, as well. some ability to indicate where they're contacted by a human being or machine and acknowledging that just because it's a bot doesn't mean it's good or bad. might be a data point that individual ought to have as they make determinations going forward. i also really appreciated, ms. sandberg, your notion that not only should users have access to the information that you or others collecting but as we work through to this how you monetize that and let users know the value of their data, i think that increased price transparency and i'm grateful of your willingness to at least consider that because i think it goes a long way towards making this exchange better understood by individuals i also, i know i didn't get a chance to get into this at length but you and i have had this conversation in the past around data portability. i don't want to make the complete analogy and number portability came around, we have competition in the wireless industry and elsewhere data portability, you make it

sandberg? we havedberg: law-enforcement law enforcement collection on it we would keep that information. sen. cotton: we've spoken on this as well about data. the business model for both of you is that it is a free platform for everyone to use but data and advertising are very helpful in keeping the business open and employees paid. for data in particular, how do you make sure that anyone who purchases the data or gets access to that uses it for its stated purpose, rather than using it to sell to a third-party or open up as a show company. onethey are using it for purpose but are actually using it for a foreign purpose. how do you ensure that companies who are purchasing the opportunity to have the data are and using it as they said? >> there were a few things here. we are a little bit different than our peers and that all of our data is public by default. when we sell data what we are selling is speed and comprehensiveness. you are purchasing either insights or a real-time streaming product. t

sandberg, let me ask you the same question. what is facebook doing >> we agree with you that people need to know so we have been discussing these publicly as well as in specific cases notifying people so we notify people directly if they had liked or had liked the original i.r.a. accounts most recently when there was an event that was going to be happening in washington, inauthentic accounts, we notified those who rsvp'd to the event or were interested in going to tenth. >> thank you that was the night to defeat the right or something like that, as i recall mr. dorsey, back to you, clemson university researchers and others have shown that these russian i.r.a. accounts target specific leaders and social movements across the political spectrum and again, the goal of the russians, the iranians, anyone else who is involved in this influence campaign is to undermine the public's confidence in political leaders. and weaken our democratic institutions and turn us against one another. well, i learned not from twitter but from clemson u

jack dorsey and sheryl sandberg face the bright lights of capitol hill.an they keep lawmakers at bay? should musk be worrying about an sec ban? some analysts say not so much. we discussed the likelihood of the tesla ceo being suspended. first, to the top story. amazon is starting with a bang. they are pushing the company beyond a market value of one between dollars. a milestone apple reached last month. a big accomplishment, not just for the company but for the ceo who is currently would -- currently the world wealthiest person. most notably the speed at which they hit the milestone. tech competitors are closing in on the markets as well. joining us to discuss is the tigers financial partners chief investment partner and bloomberg tech global editor redstone -- b rad stone. brad, you started covering amazon in 1999 and it was two or three steps eating an online bookstore -- past being an online bookstore. >> amazon stock price had fallen into the single digits and the boys were panicking back then. we are not our stock price they said. it is something emp

sandberg? >> yes >> mr. dorsey? >> yes >> let me turn now to a question based on a lot of analysis my office has done and you all have talked to us you have reviewed facebook audit s consented by the 2011 -- when your company was found to use unfair and deceptive practices one part of the audits outlined how facebook shared information with smart phone manufacturers these included the chinese companies, huewie and samsung will you commit this morning to making public the portion of your audits that relate to facebook's partnerships with smart phone manufacturers? >> senator, i really appreciate the question and the chance to clarify this issue because it's really important with regards to the audits, our third party auditor pwc does audits, they're given to us, we have shared them with the ftc voluntarily. i can't commit to making that public, because amount of that has sensitive information which could help people game the system but we will work with you to see what disclosures will be pertin

sandberg talked about mark warner.know if they have that kind of relationship with administration or the doj, so that will be a completely new front for them to figure out how to deal with. emily: what do you think of this issue now the justice department is taking a closer look at these companies? how much of a concern is that? michael: it is their prerogative to look into it. there is no censorship of political speech. it would be ironic if they want .o spend -- to censor speech from the conservative point of view in particular, these platforms are open and transparent, and people are getting their voices heard. all the policymakers at the hearing today are on social media every day officially and in campaigns. i think it is very obvious and clear to everyone that uses the platforms, they are open for all political parties and viewpoints. emily: sarah, the question of china came up over and over again, and it was interesting listening to sheryl sandberg's statements about china. sounded like lawmakers were trying to

sandberg? we havedberg: law-enforcement law enforcement collection on it we would keep that information. sen. cotton: we've spoken on this as well about data. the business model for both of you is that it is a free platform for everyone to use but data and advertising are very helpful in keeping the business open and employees paid. for data in particular, how do you make sure that anyone who purchases the data or gets access to that uses it for its stated purpose, rather than using it to sell to a third-party or open up as a show company. onethey are using it for purpose but are actually using it for a foreign purpose. how do you ensure that companies who are purchasing the opportunity to have the data are and using it as they said? >> there were a few things here. we are a little bit different than our peers and that all of our data is public by default. when we sell data what we are selling is speed and comprehensiveness. you are purchasing either insights or a real-time streaming product. t

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. >>> former alabama senate candidate roy moore suing sacha b baron cohen. he is seeking $95 million for defamation and emotional distress and fraud. during the interview, cohen brought out a device claiming it could detect pedophiles. moore has been accused by several women of sexual mu misconduct. >>> colin kaepernick will make an appearance of the nfl opener in philadelphia. not on the field in the new nike ad. >> believe in someth

. >> miss sandberg, you're comments? >> this is one of ideas i had the opportunity to discuss with vice chairman this morning with his office and white paper. we're committed to working with you on it. >> let me ask a question. going forward, i think we'll come to a major debate within this country, within the whole world of who owns my data, which rapidly is becoming me. is it a company like facebook? is it a company like twitter? which raises the question, do you believe that your users should have the right to control what you do with the data, either selectively, individual occurrence or generically or at or even simply purge it at some point? >> i believe that very strongly. it is your information, you share it with us. if you want to delete it, we delete it. if you want to take it with you, we enable you to download it and take it with you. >> what about for those people, many people, in the hustle and bustle of every day that is a very cumbersome process? shouldn't they be allowed to sort of have a check that says

miss sandberg?>> mr. dorsey? >> yes. >> let me turn now to a question based on a lot of analysis my office has done, and you all talked to us about it. we have reviewed facebook privacy audits required by the 2011 consent agreement after your company was found to use unfair and deceptive practices. one section of the audits deals with how facebook shared the personal information of americans with smartphone manufacturers. these included the chinese companies huawei and zte. i found portions of this audit very troubling and the findings could affect many americans. i believe, miss sandberg, the american people deserve to see this information. will you commit this morning to making public the portion of your audits that relate to facebook's partnerships with smartphone manufacturers? >> senator, i really appreciate the question and the chance to clarify this issue because it is really important. with regard to the audits, our third party auditor, pwc does audits on a rolling basis every two years but

sheryl sandberg of facebook and jack dorsey of twitter will face questions over how russia used social media during the us presidential election — and how they plan to stop it happening again. also in the programme — the former boss of the bank of england tells the bbc that the preparations for brexit have been "incompetent" — he's been speaking to our business editor — we'll have that interview. and as amazon brieflyjoined apple as a trillion—dollar valued company — we'll look at what else is moving the markets and why. distinguished shirts for distinguished gentlemen! including prince charles. we'll be talking to the boss of the clothier turnbull and asser. japan's shinzo abe vows to raise retirement age. what age do you think you'll retire — if at all? let us know — just use the hashtag bbcbizlive. hello and welcome to business live. worry not, sally and i will be here well into our 90s doing this programme, i have a feeling. we start in the us where it could be a difficult day for some of the biggest names in tech. wit the us midterm elections less than two months away, the us gove

alan patricof. >>> straight ahead, what to expect in sheryl sandberg and jack dorsey's testimony.eak with jack wheeler. >>> plus trade talks between the u.s. and canada are set to resume this week we'll speak with former canadian prime minister kim campbell. >>> later, nike taking a turn for the worse after unveiling its latest "just do it" ad campaign featuring colin kaepernick we'll discuss that when "squawk alley" returns the dow is down 45 whoooo. tripadvisor makes finding your perfect hotel... relaxing. just enter your destination and dates. tripadvisor searches over 200 booking sites to find the hotel you want for the lowest price. dates. deals. done! tripadvisor. this is moving day with the best in-home wifi experience and millions of wifi hotspots to help you stay connected. and this is moving day with reliable service appointments in a two-hour window so you're up and running in no time. show me decorating shows. this is staying connected with xfinity to make moving... simple. easy. awesome. stay connected while you move with the best wifi experience and two-hour appointm

sheryl sandberg from facebook, jack dorsey. question about google because , andput up their lawyer mark warner said, no, thank you very much. what are we going to get out of these hearings? i'm not toooogle, upset making facebook and twitter take the heat. ,hey are getting some criticism but congress made it clear they would not subpoena anybody. sherylit is clear that sandberg will fall on the facebook sword. this is part of what she wrote about her written testimony. that is unabashed. >> it is. evident in the stock price. the amount of money facebook will have to spend in order to repair the damages is phenomenal. that showed up in second-quarter earnings and is showing up in a relatively depressed stock price. facebook is not doing well on the year. alix: what other companies have to do relatively the same thing? >> twitter is on the edge of this as well. they will be in congress. how much this extends to google and broader depends the next 6-12 months. david: thank you both for being with us. stay with bloomberg for live c

here is what sheryl sandberg said earlier today about cracking down on that. >> the threat we face isot new. america has always confronted attacks from determined, well-funded opponents who want to undermine our democracy. what is new is the tactics they are using. to stay ahead we all need to work together. everyone here today know this is an arms race. >> so the hearing taking place here in the house with mr. dorsey from twitter is about the, whether or not twitter is censoring political speech. there is the issue with the man from info wars. but there is also the bigger issue which is, will there be regulation. on the senate side, trish, as i wrap up, it sure looks like regulating social media is coming this way, when the republican chairman of the senate intelligence committee says, look, it might be time to regulate. let's have an honest discussion about that. back to you. trish: thank you very much, adam. we are not for a lot of regulation. we have a problem here. we have a problem when it comes to tech companies that don't bother to do a darn thing themselves. the kinds of bull

and sandberg, sheryl sandberg and jack dorsey spent hours if front of the senate committee and then jackow still in front of the house committee. they're doing a great job just explaining. by the way i wouldn't discount algorithms. your other guest makes it sound al gore rifles, a little bit of salt you put in there. no the algorithm is deeply programmed thing and jack talked about peer review and internal peer review on biases. it is honestly that is just not how twitter works. it is kind of complicated. >> wait a second. david: hold on, dan, on the other hand al gore rifles a lot of people who -- algorithms, people use google for research notice there have been changes in the algorithms. google admitted it, more so than the other two, that in fact when they do now is place the mainstream media publications first, maybe not the best or most relevant to the search request, but it is a preference for mainstream media to come first. >> it's a preference for, it is a preference for actual news. so the thing is -- david: again, that is question how you define news these days. >> think about

sheryl sandberg keeps saying she is open to the idea. she definitely wants regulation as opposed to a set of rules imposed by outsiders. the: when we think about role of government in dealing with the problem of foreign election meddling, there are a couple things i think that can be helpful. one of those frankly is happening now with this hearing. that is a conversation. it is -- it is the role of government to inquire to help educate the american voter because that a voter has to be more skeptical and more educated in the future if they make decisions about what information they want to consume and what they want to discard. that is one role that i think is important or the other is sharing what they know. sharingnt agencies intelligence with organizations like twitter and facebook. so that twitter and facebook's platforms can be more effective in trying to slow down this bad activity. those are the two domains where i think of government can be most effective and to help the situation. vonnie: wait, explain the second one to me. you s

sandberg? sheryl: we agree with you and have done this probably and will do more. we have worked on media literacy programs and programs and public service announcements around the world that help people with concerns -- to discern what is real news and help people be educated. a piece of content has been rated as false by our third-party fact checkers, if you are about to share it, we will warn you, this has been rated as false. you are educated as you are about to take that critical step. sen. king: i hope you are doing the same, mr. dorsey, to educate your users to the potential they can be misled on your platform. jack: yes. to be frank, we have not done a good job. the reason why is because we have not met our customers where they are in terms of when they are using the product. and adding more context. twitter that we have this amazing constituency of journalists globally using our service every day. they often with a high degree of velocity callout not factual information. we do not do a

what did sandberg have to say?mily: interesting craven google it -- even google is exploring going back into china despite criticism. we heard lawmakers try to press sandberg and dorsey on whether they would try to enter china as well. they pressed them whether they are an american company or simply global companies try to take money. take a listen to this exchange. >> we would only operate in a country where we can do so in keeping with our values. >> that would apply to china as well? >> that would. emily: sandberg in the same breath talked about how it is facebook's mission to connect the world, and they cannot without connecting china. they do have an office in beijing, sell ads in china. people get on via vpn. interesting to get her on the record about facebook's intention to get back in, especially given google is trying to get back into the country and was not there to answer questions. as you said, the notable absence of google, what was the reason why they did not show up? emily: lawmakers wanted the googl

guest: sheryl sandberg, the chief operating officer of race book testified on election security and the use of platforms by foreign adversaries in the u.s. election process. she was joined by the ceo of twitter, jack dorsey. jack then travel to the other side of capitol hill to the house for the energy and commerce committee where he testified so low on the idea that twitter may be biased. host: what is the significance that you had the ceos of these platforms to talk about these issues? guest: it has been a long time coming. the companies are in the spotlight for they didn't do enough in the election by russia. in their own definition they were slow to take action in that. a lot of their testimony was acknowledging they were slow to act. so it is significant to have them with push and pull. jack dorsey's first testimony and he has been the ceo for quite some time. so to have him up there answering questions was significant. google was also invited. the decline to send a representative. which lawmakers did not enjoy. host: what did they resolve to do because of that? is a rolling proces

the difference between the quality of performance from sheryl sandberg and jack dorsey.ery polished. dorsey saying he, himself, was nervous and shy coming into this stock prices have reacted accordingly. what else could have led to this big sell-off >> reporter: i think definitely jack's honest take about how the rules at twitter are going to have to be -- if this were a house, he's painting it like a gut job, like they're going to have to go down to the very basics and rethink how these things are built what are the metrics you want to watch? is it important to have more followers? is that going to be the key thing that you sell to your users? the prospect of getting an audience i think it was those wide-ranging possibilities of range, tectonic shifts, as he put it, that might have some concerned. i will say that i thought personally going in the take was that sheryl sandberg, a much better interviewee would have an easier time today. i thought jack came off as more forthright and earnest than sandberg and that probably gave him mileage with lawmakers today. >> she has

jack dorsey and sheryl sandberg along with an empty chair for google.ack dorsey is still taking questions. for more on the marathon, sarah frier joined is not -- joins us now. knocked theo have stock prices in particular is regulation being discussed, particularly the first senator conversation happening at the intelligence committee. sarah: jack dorsey has come out and said i understand these problems are large and understand i have not done enough. i'm willing to reevaluate the business model for twitter. he is really giving concessions, and at the same time, he doesn't seem to know exactly what twitter needs to do to get better. he's talking about taking public commentary to get feedback on the rules, sharing tips with -- whenmpanies, whether he asked if he could tell the difference between a bought and human accounts, he said it is very difficult for twitter to tell. uncertainty coupled with regulation, if twitter does not know what it needs to fix, how will the government know, that is why you see the stock falling today. companies would prefer to

sheryl sandberg said trust is the cornerstone of our business. been eroded given the numbers that we saw come out. woman look at what is happening right now, operating margins are going down, we think those are necessary investments because they have to fix facebook. they need to make investments to do so but on the revenue side. that is right you can go from king one-day to no longer. that is were we are concerned. >> you are still shareholders in facebook. why? >> would like to see the company turn around. we think there is value there. they have an almost monopolistic position in the space. we think that is under threat. because it is a risk, we are under weighted versus the benchmark. while we are still participating in facebook, we want to be active shareholders. we want to engage our clients capital to get the company to change. not only on this issue which is a content issue, we have engage them on the gender pay equity for the last three years. we think that there is opportunity for the company to turn it around. i do think it will take m

. >> facebook's sheryl sandberg and twitter's jack dorsey get ready to testify on capitol hill but google owner alphabet declines the request. >>> and amazon joins the trillion dollar club briefly the stock surges to over $2,050 a share, double its value 15 months ago >>> we have some numbers coming out on eurozone composite pmi services i'll bring those to you in a moment we've been watching for this following on from the numbers last month we're looking now at the final composite pmi of 54.5. that's against the flash released of 54.4 that's against the july number of 54.3. let's look at the european markets. generally we can see across that board a lot of red the stoxx 600 looking to be down around two-thirds of a percent at this stage in the morning if we look at the european markets behind those numbers, we can see it's been a bit of an interesting morning so far across the ftse 100 in particular it's down 0.25 in germany, the xetra dax is down 0.7%. in france the cac 40 is down almost 1%. only in italy the ftse mib is up positively almost 0.15%. let's take a quick look at some sector

momentas one interesting in particular when sheryl sandberg -- sheryl sandberg said he quitting the cybernd saying that facebook another tech companies had to do a better job in terms of responding in real-time on the threats that are emerging overseas. dorsey, forow jack more of these hearings, but in terms of whether there is any appetite for there to be any type of meaningful tech regulation between now and the midterm elections, i don't see that advancing, or any bill that would pass between now and november. david: give us a quick thought about the other hearing. the brett kavanaugh for the supreme court of the united states. gave muchter -- he assurance to democrats as he could. kevin: dramatic. it was a dramatic thing as he is facing those questions from democrats in addition to the issue of roe v. wade. he also took questions about where he believes whether or not the president could be subpoenaed. he kind of dodged that to be quite frank. that is on the minds of many democrats who are wondering should any case ultimately make its way regarding president trump to the supreme court

what did you make of what we heard from both dorsey and sandberg?as there any new information here? laura: there really was not much new information here. i think what we heard from them was a recognition that there is a problem, a recognition that they have an obligation to do something about it, but extremely short on specifics in terms of what that actually means. i agree with senator warner's assessment that we are hearing more in terms of a willingness to cooperate, potentially with government, in terms of tackling this problem. one of the things that the members asked about was information sharing across the platforms with one another. this is a problem that is not confined to one platform. our adversaries are using different platforms to different ends, and really to tackle the problem we have to be able to pull all of the information together. jack dorsey came up really short in terms of sharing that information. this is two years after the 2016 election and we are still talking about needing to develop ways to tackle the problem rather than

sandberg was there. larry page of google, a no-show. >> an empty chair in washington. mystery extends to silicon valley where people are saying where is larry? >> we spent a lot of time with my colleague, mark bergen, trying to figure out where he is. no one has heard from him in the past couple of years. the issues that have arisen around the big challenges, the societal challenges, people are asking that same question. where is larry page right now? where iso you mean larry page? he runs this massive company. is he not at headquarters? terms of day-to-day involvement, he is the ceo of bet which works for a , number of subsidiaries underneath. a lot of people say we haven't seen him as much as we used to years ago, the reporting suggests he's more withdrawn than ever. more taking on an emeritus role. while google disputes this, it is clear he is not involved in some of the more societal challenges facing the company. >> and the societal challenges so interesting to me. this of course is the company that, years ago, came out and said don't be evil. they have always put

it all started this morning at the senate intelligence committee w hearingre facebook coo sheryl sandberg jack dorsey both testified before the senate intelligence committee about their work to prevent election interference. they said they're collaborating with each other as well as government agencies and cybersecurity companies to make sure they're doing evething they can with both new technology and employees to prevent interference with the upcoming midterm election. >> be clear. we are more determined than our opponents and we will keep fighting. when bad actors try to use our the, we will block when content violates our policies, we will take it down and when our opponents use new techniques we will share them to strengthen our collective, fohes. >> before commerce mitty, so that hearing dragging on for over four hoursa he was pressed about how twitterer mes content and decides which users to block. twitter shares dipped over the course of the day as he made it clear that he is investing to clear up all of the issues no matter the short-term costs of the comny. our singular objectiv

sheryl sandberg and jack dorsey will testify this morning.andberg emphasizingthe responsibility that facebook takes and the role it plays in the democratic process saying it's investing for the long-term because security is never a finished job ceo mark zuckerberg echoing sandberg in his own op-ed in the "washington post" saying the combined forces of the private and public sectors will be necessary to protect american democracy from interference in what he calls an arms race jack dorsey will get a double dose of the hot seat testifying before the senate and the house. there the focus will be on whether there's bias in twitter's content monitoring in repaired remarks dorsey saying twitter does not use political ideology to make decisions that there is no statistically significant difference between how often tweets from a republican and democratic members of congress are viewed we don't expect to see representatives from google at the witness stable today the senate committee wanted larry page to testify. the senate rejected the top policy ex

lauren: 's sheryl sandberg and jack dorsey were there testifying about foreign interference in the 2016 election and will that happen again and raising concerns these companies might face regulation. cheryl: investors reacting thinking they may agree to this. let's go to adam shapiro for more. reporter: takeaways from the hearing on social media include revelations the russian government continues to try to influence american elections and congress may impose regulation. facebook's sheryl sanders and twitter ceo jack dorsey told members of the senate intelligence committee their companies share information with others in silicon valley when a security risk is exposed , but they concede more needs to be done. >> we are proud of how that free and open exchange has been what a nice and used to distract and divide people and our nation and we found ourselves unprepared and ill-equipped for the immensity of the problems with acknowledged. reporter: sandberg says facebook has made progress eliminating fake accounts that spread false news and they have doubled their security and safety staff,

that's what it's going to be like later, the likes of sheryl sandberg, jack dorsey and others havingwer jack dorsey and others having to answer quite difficult questions on the mid—term elections not far off at all, give us your thoughts on the day ahead. there's a real moment we re day ahead. there's a real moment were no longer these big tech and social media platforms are brushing these things off. there's an admission these things have to change and that started about two yea rs change and that started about two years ago when, as you said, a number of fake accounts were cold and there were new tools and people brought to the table to ensure this doesn't happen again. the reason it happened in the first place i think is one of regulation, because it's almost impossible to regulate this space for a number of reasons. social drives are just that, giants. though go across so many different borders and they also go across and so borders and they also go across and so many different platforms —— social giants are just that, giants. it is tough to get the right level of regulation that

sheryl sandberg, jack dorsey and the sort of unknown kwoernt in google sheryl sandberg might have theark zuckerberg was here in april twitter, may be a tougher day for dorsey they have discussed election interference in the past but this criticism of throttling conservative content is something new and something he will address not just in the morning but in the afternoon on the house side and google, brace yourself for a shot of an empty chair the company wanted to send their general counsel, jack warner they said that was not going to do so will they be shamed for sitting this out mark warner gave an interview to "wired" and it speaks volumes they do not want to be in the discussion in a media post yesterday raises the specter of whether or not utility-style regulation is necessary with these companies in his words he says i don't believe that is the right answer because they're private entities and they're not violating the first amendment. but all of these questions are very big huge implications for the business model we'll see if we get any actual answers today. i will say dorse

sandberg was prepared. yes, they are a smaller company. they can be a lot more flexible in a way but he did make some very strong commitments that they're actually going to refocus their entire organization on solving the security and election interference issues. now, on the other hand, you have sheryl sandberg and zuckerberg who really kind of reiterate their statements that they're hiring more and more people but they aren't hearing true fundamental commitment commitments from the company and how they are going to change their business models. i'm sure if google had a representative there, it would have been the same line that samberg and zuckerberg have taken. emily: often there are some fine details in your story about the fun things that larry page is working on. one of my favorite lines is a lie who likes self-driving cars and flying cars and couldn't go to washington. talk about some of the side products something called heliox. >> it is more fun than what is going on in d.c.. heliox is a project that started a couple years ago. th

the senate intelligence committee will grill facebook ceo sheryl sandberg and chief executive of twitter jack dorsey about their efforts to prevent election meddling this fall and accusations of a lack of effort. both platforms have admitted to negligence in allowing russian manipulation on the sites in the 2016 presidential election. in prepared testimony released yesterday, sandberg wrote "we're heavily invested in people and technology to keep our community safe and keep our service secure. this includes using artificial intelligence to help find bad content and locate bad actors." dorsey will testify about twitter's algorithms and content monitoring involving hate speech and harassment. internet giant google declined to send a high-level executive to capitol hill today. that should be very, very interesting. >> and we hear an empty chair might represent google at these hearings, which will certainly turn into a circus. >>> a high-profile mayor just made a major career decision. >> this has been the job of a lifetime but it is not a job for a lifetime. >> more from chicago's rahm eman

orsey and sheryl sandberg were there. larry page, a no show.ason: an empty chair in washington, but the mystery extends to silicon valley. ustin: we spent a lot of time with my colleague trying to figure out where he is. the one has heard from him in has heard from him in the past couple of years, especially with the challenges facing google and alphabet right now. a lot of google employees are asking that same question. carol: he runs this massive company. is he not at headquarters yet though -- at headquarters? is he not at headquarters yet austin: he is the ceo of alphabets. in terms of how involved he is in the day today, that is vague. people are saying we have not seen him as much as we did two years ago. reports are suggesting he is more withdrawn than ever. google disputes this, but it is quite clear he is not involved in the more societal challenges. the societal challenge thing is so interesting. this is a company that came out and said years ago, don't be evil. they have put on this cloak in many ways, be good for the world, care in

sheryl sandberg acknowledged they missed the disinformation campaign ahead of the 2016 election...e they were too slow to spot the issue, and too slow to act. sandberg then outlined what they've done since to combat fake accounts, hackers, and attempts at foreign influence. lawmakers say more still needs to be done. (ken) (ken)facebook also under fire from lawmakers who claim the company allowed accounts linked to countries, like russia and iran, to influence americans. c.o.o. sheryl sandberg acknowledged they missed the disinformation campaign ahead of the 2016 election... saying quote they were too slow to spot the issue, and too slow to act. sandberg then outlined what they've done since to combat fake accounts, hackers, and attempts at foreign influence. lawmakers say more still needs to be done. (ken)coming up: the city of oakland is taking a stand against the nfl and the raiders. why city leaders say a lawsuit is not about making the raiders stay.. it is about making them pay. (pam)there is a new 'sweet spot' in san francisco. how you can grab your tickets to candytopia.. and

i think sheryl sandberg's point today will be facebook needs help.ig 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 before the house energy and commerce committee. he is speaking about the republicans will grill him severely on this. he's speaking about the way the company silences conservative voices on twitter. what do you have to say about that and what you think he will say? >> jack dorsey has been pretty resolute in that twitter doesn't use political ideology to determine whether they shadow band of someone are basically they don't use political ideology to determine how they treat any users, so i think he will continue to say that talking point and also a lot of the gop lawmakers have used my reporting from 2016 to start this in the first place. i was the one that broke the sto

two of the biggest power players in facebook media, sheryl sandberg and twitter jack dorsey facing members of congress but the most dramatic moment happening when a conspiracy theorist confronted a member of congress. we get it all from nbc's jo ling kent. >> reporter: the biggest confrontation today, outside the hearing room where right wing conspiracy theorist alex jones crashed a press conference taunting senator marco rubio. >> don't touch me again, man. i'm asking you not to touch me. you're not going to get arrested, man. i'll take care of it myself. >> reporter: back inside, facebook c.o.o. sheryl sandberg facing more questions about her leadership during the company's response to russian meddling in 2016. >> we were too slow to spot this and too slow to act. that is on us. >> reporter: google choosing not to send anyone despite phone. >> we realize the real world negative happened and we ke >> reporter: later, pressed about accusations of political bias. >> we wouldn't be having this discussion if there wasn't a general agreement that your company has discriminated against conserva

this comes ahead of the coo sheryl sandberg's testimony tomorrow on capitol hill. 20% from its high this year. what levels should investors be paying attention to? >> well, this level right in here, the 170, 171 level is a key, key technical level. so how it trades after we come out of these testimonies is going to be very, very important. as you mentioned, tyler, stock fell 20% after the reported their earnings then it bounced 7% and people are saying its great. it was less than a one-third retracement of the selloff and it has rolled back over and is now retesting those reaction lows. if you follow that with a lower low its very negative. also we have -- whenever a stock falls 20% that usually means there's forced selling involved, margin calls and such and that usually washes out the stock and gives it a nice bottom for a long time. the fact that we're already testing that level is very concern to go me. i don't want to get ahead of myself. if the stock could hold here we're okay but any break of the 170, 171 level is a problem. >> gina, what is your thought on

they grilled twitter's jack dorsey and facebook's sheryl sandberg. each company's stock taking a lit. twitter falling 6%, facebook down 2%. reporter: the first hearing was the senate intelligence committee. this hearing, you want to pay more attention to that one. they are hinting what's coming down the pike. they are going to be dealing with a lot of issues. but the take aways from that hearing are simple. one, the russians are trying to interfere with the u.s. elections by influencing people of on facebook and twitter. two, they are considering regulations to deal with the censorship of political voices on these platforms. that's why they hauled in sheryl sandberg as well as mr. dorsey. google did not show up. google declined the invitation. jack dorsey was talking about the issue of trying to keep the platform. i know people hate his phrase, but i'm going to it's, a safe place for an exchange ideas and to keep russians out. >> we are proud of how that free and open exchange has been weaponnized and used to distract and divide people and pour natio

i think sheryl sandberg in particular is a well reversed spokesperson for the company.orsey, 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 level representative. what could the repercussions of that be down the line? if congress is looking serious at regulations. david: i think you saw two senators say they will not be part of the solution and, if that is the case, we do not want them here. of all these companies, google has been the most targeted by enforcers like the ftc here, the long investigation of the company, but then they have the ongoing issue -- investigation in europe resulting in fines amounting to something