the reality is, facebook is always looking. is a data category called "last location," where they eore where they think you been the last time. if you tag people in pictures, there's gps location, so by that they know which person has been at what place at what time. back on the servers, there is, like, a treasure trove just, like, ten times as big as anything we ever see on the screen. >> narrator: as ramping up its data collection business ahead of the i.p.o., schrems filed 22 complaints with the data protection commission in ireland, where facebook has its international headquarters. >> and they had 20 people at the time over a little supearket in a small town, it's called portarlington. it's 5,000 people in the middle of nowhere. and they were meant to regulate google or facebook or a linked all of them. >> narrator: schrems claimed facebook was violating european pracy law in the way it wa hellecting personal data and not telling users whatwere doing with it. >> and after we filed these complaints, that was when tually face

>> narrator: ...leading to complaints that facebook helped tilt the election...d >> facebook elecnaldthat's basically... >> narrator: ...which the trump campaign dismissed as anger over the results. >> there has been mounting criticism of facebook... >> no one ever complained about facebook for a single day untilu donald was president. the only reason anyone's upset about this is that donald trumpe isdent and used a system that was all built by liberals. when i got otv and told everybody after my interview of what we did at facebook, it exploded. the funny thing is, the obama campaign used it, then went onnd tvewspapers, and they put it on the front of magazine, and the left and the media called them geniuses for doing that. >> accusations that phony news stories helped donald trump win the presidency... >> narrator: trump's victory put facebook on the spot. >> febook even promoted fake news into its trending... >> narrator: and two days after the election, at a techno conference ihern california, zuckerberg spoke publicly about it for the first time. >> well, you know, one of the thi

. >> the idea that fake news on facebook influenced the election in anway i think is ara pretty czy idea. >> ...facebook ceo mark zuckerberg will testify... >> ...and i'm responsie for what happens here. >> narrator: can facebook be fixed? >> in light of recent revelations that the companyru may have covered ussian inference in the 2016 election... >> the problem is too big, because facebook is too big. >> narrator: tonight on frontline, part two of"t facebook dilemma". >> frontline is made possible by contributions to your pbsio stfrom viewers like you. thank you. and by the corporation forbl broadcasting. major support is provided by the john d. and catherine t. macarthur foundation, committed to building a more just, verdant and peacefulwo d. more information is available at macfound.org. the ford foundation, working with visionaries on the ont lines of social change worldwide. at ford foundation.org. additional support is provided by the abrams foundation, committed to excellence in journalism. the park foundation, dedicated to heightening public awareness of critical issues. the joh

the trial. more on facebook, next. is bloomberg. ♪ comcast business built the nation's largest gig-speed network. then went beyond. beyond chasing down network problems. to knowing when and where there's an issue. beyond network complexity. to a zero-touch, one-box world. optimizing performance and budget. beyond having questions. to getting answers. "activecore, how's my network?" "all sites are green." all of which helps you do more than your customers thought possible. comcast business. beyond fast. emily: this is "bloomberg technology." him in san francisco. facebook was sued by the district of columbia over a privacy breach in which personal information of millions of americans was transferred by an app developer to cambridge analytical. it says facebook violated the procedures act as a result of lack of oversight of the third-party application. this came after a separate report from the new york times. the social media giant about more than 150 companies to access users personal data, more data than it previously

cambridge analytic a data breach and the un's report on facebook's role in ethnic cleansing in the in march have exposed some of the pragmatic business calculations the company has made they've also provided a glimpse into how facebook. goes after its critics and they put the lie to the feel good image that the company has worked so hard to sell it will be interesting to see what kind of new year's message zuckerberg comes up with a couple of weeks from now our starting point this week is facebook's california headquarters in silicon valley usa. facebook released its two thousand and eighteen year in review lots of marking various global of its election and celebrity weddings and sporting occasions the drove engagement on the site what it did not know was itself become end of year facebook at which might have been a time better spent i would have thought it started with to cambridge analytic us dorian which this company run by a bunch of bond villains had sensitive data from untold numbers of facebook users around the world to coerce people and move

share value a drop of about thirty percent the real threat to facebook though the one mark zuckerberg must be thinking about comes from governments and their regulators they have been a slow to react to the facebook problem as the company has but more and more of them are talking about and inching towards reigning in the social media giant potentially effective regulatory action of sin against facebook has come out of the european union with the introduction in two thousand and eighteen of the general data protection regulation the very fact that now companies that take our data have to allow european citizens to explicitly offer their permission for the use of the data i think is crucial those are important rights that i wish the rest of the world had across the water in the u.s. regulators have a much more hands off approach compared to their counterparts but that could all change because with the switch in the hopes in washington come january we may see democrats want to pursue a more aggressive approach against these companies especially over the rus

again the facebook again the facebook again the threat.ain the facebook campus has been evacuated. we have a crew on the way.... and will bring you more information as it becomes available. lawrence karnow: dense fog gave way to hazy sunshine and and cool temperatures. highs today were in the 50s and low 60s. we are seeing a few showers on doppler radar in far northern california. on the satellite you can see another storm headed our way. it is very weak and will only bring a slight chance of showers overnight. there will also be patchy dense fog inland. highs tomorrow will be in the 50s to mid 60s. it should be dry on thursday but more rain is possible late in the day on friday with showers lingering into saturday. another storm will bring rain to the bay area late on sunday. that wraps up kron4 news at 6.we'll see you tonight at 8.... on your bay area's local news station. >>> fighting back tears. >> i cannot believe this is -- we are on tv and this is happening. >> kathie lee gifford's shocking announcement. >> i will be leaving the "to

facebook. and all of that came after the news. years message zuckerberg posted in january in which he admitted facebook had a lot of work to do the company was dealing with the hate speech and misinformation rampaging across the social media network and there was the aftermath of the two thousand and sixteen u.s. election when facebook was accused of enabling russian operatives out to meddle in american democracy the public noises sucker berg and his number two sheryl sandberg were making were along the lines of we're try doing our best and we have a lot more interest here statements that after the cambridge analytical data breach story came out in march no longer passed the smell test the cambridge analytical scandal is not quite what people think it is that scandals about hell a company used facebook exactly as intended cambridge a link or not the only people that are downloading facebook data using it to like or target people in order to go back and send more advertisements to get people's attention on facebook because this is t

facebook gave spotify the ability to read and write. cebook helped apple hide signs that it was asking users for data. "the new york times" got access to enable article sharing. in all, 150 companies had access to more data than facebook disclosed, impacting users. this comes as it faces a fresh legal challenge over the cambridge analytica scandal. to discuss the latest, we talked to rich greenfield who has a buy rating. facebook gave spotify and netflix the ability to read and write my personal messages? what does that mean? >> what facebook is trying to allow you to do is to use facebook in a way that is better integrated with those apps. you can send a show to a friend and you do not have to copy and paste. it is integrated. you need to have the permissions, if you delete a message, it would delete it in your chat history. emily: could spotify go in there and read something i sent to a friend in 2013? >> that is unclear. what i want to know is, there is a big difference between allowing you to do that kind of messaging and being able

the first big suit is filed against facebook over cambridge analytica. ple versus qualcomm, both sides of the global patent showdown weigh in after china supports a ban on the sale of iphone models. six from production hell to hitting model three milestones, we look back on the roller coaster year that was at tesla. first to our top story months , nine after a scandal erupted over facebook's open borders overuse of information, those are under scrutiny again. "the new york times" reported this week that after facebook tighten rules in 2015 to limit the user information that could be linked to outside apps, it the social network made many exceptions and cut special deals with certain companies. for example, facebook gave spotify and netflix the ability to read and write. facebook helped apple hide signs wereigns that it's devices asking users for data. "the new york times" got access to enable article sharing. in all, 150 companies had access to more data than facebook this close, impacting hundreds of millions of users every month, and this comes as it fa

again the facebook campus has been evacuated. we have a crew on the way....information as it becomes available. (ken) the c-e-o of

the social network. also with us is sarah frier. straight, this facebook gave spotify and netflix the ability to read, write, and delete my personal messages? what does that mean? sarah: what facebook was trying to allow you to do here is use facebook in a way that was better integrated with those apps. you can send a song to a friend, a show to a friend, and you would not have to go straight to facebook and copy and paste. it was integrated. you need to have the repercussions and write permissions -- you need to have the right permissions. spotify and netflix go in there and read something i sent to a friend in 2013? sarah: that's unclear. the times does not go into that detail and neither does facebook. what it really wants to know is that there is a big difference here between allowing you to do that kind of messaging, sending things to a friend, and be able to read all of your personal messages with people who were not even using spotify. it's not clear where on the spectrum this falls. what matters is that facebook said post 2014, it wound down while

facebook. and all of that came after the new year's mess. zuckerberg posted in january in which he admitted facebook had a lot of work to do the company was dealing with the hate speech and misinformation rampaging across the social media network and there was the aftermath of the two thousand and sixteen u.s. election when facebook was accused of enabling russian operatives out to meddle in american democracy the public noises sucker berg and his number two sheryl sandberg were making were along the lines of we're try doing our best and we have a lot more interest here statements that after the cambridge analytic a data breach story came out in march no longer passed the smell test the cambridge analytical scandal is not quite what people think it is that scandals about hell a company used facebook exactly as intended cambridge a link or not the only people that are downloading facebook data using it to like or target people in order to go back and send more advertisements to get people's attention on facebook because this is their very core

the facebook owns. and their responses run newspaperrards and limits the number of message forwards. argue if c-span started resulting in death because false information was spreading fast on the platform, you would absolutely take that information down and mark zuckerberg said they couldn't impugn what holocaust denears were planning on or what their intentions are and i argue that history tug us that hog 'cause deniers are intent on some pretty bad activity and we are -- have an obligation to take that content down. so censorship means you're being in my view, a responsible media company, and there has never been firms that are more media like or immediate use issue that google, facebook or twitter, wamly embrace thread margin of celebrities and influence of media firm but allergic to the responsibilities. they are media forms and should take an active rowling in taking optionable content down that can result in violence. >> host: is its our responsibility as users to protect our own privacy? >> guest:

to be clear, the problem at facebook had been pretty obvious. ous to the president of the united states in 2016 who told zuckerberg that you have problems, they have had over two years at least but the problems that have been systemic. the board has to have been aware for quite a while. then the question becomes what do the independent directors do? they are the ones in the best position to get to the root of this problem and figure out what is best of the company. -- best for the company. the fact is, if the company is in fact entirely dependent on mark zuckerberg, that is not a company but a sole proprietorship. emily: many of the board members predate sheryl sandberg and her proprietorship. joining the board as well. brian is alluding to another story about the u.k. parliament seeing the internal facebook documents as part of the investigation into the cambridge analytica scandal which is kind of huge that we are seeing another government take such extreme action. walk us through what happened. >> it's complicated. you have to go back four yea

the company obtained internal facebook communications. to last week when the british parliament was very upset over mark zuckerberg's failure to testify in the u.k. the testimony was disingenuous. they went and got the founder of this app company, 643, and got him to turn over those internal documents. what do they say? it could be internal communications among executives , including zuckerberg about how , facebook obtains information from who and whether they are being disingenuous in terms of privacy controls and how it manages that information. it could be very damaging to facebook. emily: coming up, we head to bloomberg's year ahead conference when we talk to samsung's next president. what he has to say about the slowing global smartphone market. coming up. plus amazon saw its biggest , shopping day in history cyber monday, topping its very own prime day. which categories performed best? and the site's top sellers? this is bloomberg. ♪ emily: bloomberg's the year ahead summit wednesday brought together global ceos to tackle topics fac

director for a nonprofit animal shelter have the shelters facebook page hacked the scammers then set up a go fund me both go fund me fundraiser for fraud go fund me when a lot of reach out to facebook she was ignored they offered little to no guidance and refused to do anything about the continued harassment eventually a lot i was forced to pay the scammer fifteen hundred dollars to gain control of the page and the harassment i want to wonder where was facebook stating quote face the day if they have some kind of customer service department people as one amazon has one even a house when there is zero reason for them not to have one so much as well everyone including congress is obsessed with making facebook the arbiter of good space age they're turning a blind eye to criminals who are looting small struggling charities across the nation they most definitely are this is amazing story that you fall into because it was a slip is one of those things that you just don't think about right away you kind of take it for granted you see the facebook charity page donate log some people use it fr

the planet? >> host: but you also might facebook may be the most successful thing in the history of mankind. >> guest: share. if i think is a man-made think of something that we invented that wouldn't be produced organically, i would argue facebook newsfeed is most successful thing in history, and that is it's been adopted by about 2.2 billion people. that's more successful than capitalism, communism. it's more successful than coca-cola. it's difficult to find maybe with exception of google any other man-made thing that is had that sort of usage or adoption. even the number of people who if you will subscribe to the church the facebook, it's greater than christianity. the only thing i could come up with is soccer. soccer has about 3 million fans worldwide but i would argue that people engage or facebook consumers are more actively engaged on a regular basis and fans the soccer but i would argue that facebook is a successful thing in the history of mankind. >> host: you make lots of references to religion throughout your book. why is that? >> guest: we as a species, we have need for super things. our

those things that you just don't think about right away you kind of take it for granted you see the facebook charity page donate lots of people use it free like you point out but i want to ask you and but you know what the ideal facebook not really having their customer service thing that's come up quite a bit at times why do you think that they don't why do you think that they're so worried facebook's like but we're not because we're not customers we don't pay the people who get those customer service if you buy at we're not customers we're coggs on the wheel of facebook's great machine we're just there to put ads on so no of course i'm not going to care but i think it's hilarious that you have congressmen and women out there crying about some mediums on facebook and a few hours but when literal charities that are actually trying to help people or animals and do good things you don't even care you're not up there saying hey you need to treat these these charities better it's really incredible when you see this especially when you know when you read the story of absolutely agree you know you

that has compressed the multiple of facebook. it reflected in the stock price, despite the fact that usage as high. the growth is still there around 23% for next year. that being said, when i see evil and facebook's price being cheaper than altria, i wonder if they have the narrative wrong. >> it's like pouring gasoline on the fire. how do you handle that? >> regulatory is part of the going up -- growing up. it's not going to impair its core. people use the product. their amount of active users is beyond. people use the product. their amount of active users is beyond. there is growth process. of course that will be regulation and privacy concerns, but if someone has available ad space to spend, i think there is lots more opportunity and facebook. it's a lot about -- it's all about changing the narrative. there has been one scandal after the next, but by no means is this an inherently evil company. its trading cheaper for the s&p then it has ever traded. >> i haven't heard analysts negative on facebook being evil. they just talk ab

facebook was weird. it was the gift that kept on giving. fast-forward to today, you think facebook is in an existential crisis. roger: oh, i do. emily: and you have not been shy about it. roger: no, in 2016, i noticed bad actors on the platform. i did not know what i was seeing. initially it was the democratic primary in february of 2016, then it was related to a firm scraping facebook, people who were interested in black lives matter, then selling it to police departments in violation of the fourth amendment. then there was brexit, where all of a sudden it was like, the campaign has set your hair on fire, the immigrants are going to take away your jobs and culture strategy versus leave, which was saying stay the course. i realized, holy moly, facebook is biased in favor of anger and fear, and therefore people who run campaigns based on fear have a huge cost advantage from a reach point of view, and that is how brexit happened. in october 2016, i am really concerned, and i read an op-ed for recode. instead of publishing it, i sent it to mar

biggest events on facebook in the past twelve months so that's going to mean celebrity weddings and sporting events and big breaking news and online movements always things maybe though facebook could have looked a bit closer to home when reviewing the year luckily our friends at the listening post did i would have thought it started with to cambridge analytical dorian which this company run by a bunch of bond films had sensitive data from untold numbers of facebook users around the world to coerce people and move elections that's only the start and i would have had clips of refugees and the them are driven out by the worst sort of propaganda spread by the government of myanmar and many religious leaders are explicitly using facebook to foster genocide then i would have gone through all of the stammering. that mark zuckerberg committed. no while testifying before various committees to the level of scrutiny is facebook too powerful the level of criticism the purpose of the user agreement is to cover facebook and then i'm going to

the guy that ran facebook news feed. the primary advertising product and where the scandals and stuff that had public face. >> okay. so this is the fox is guarding the hen house. >> exactly. >> when mark zuckerberg gets up there -- >> keep this guy in charge. >> so when mark zuckerberg is saying we don't sell information to our advertisers, what part of that's true and not true? >> don't sell information to advertisers. here's the thing. they were combining with the other tech giants here on a -- >> on theory not selling. >> exactly. >> may not have been the right question. to dylan's point of congress to regulate, we don't know what we're looking for and solving for. >> i don't know if you watch these tech hearings. >> they're crazy. >> not sure -- >> the questions -- i think jeff jarvis tweeted i would rather have google, you know, run things than congress. having -- >> yes, but he's forgetting that, sure, have sundar in charge. what happens when steve bannon is running a company like that? jeff jarvis still feel that w

if facebook is doing what most companies would do to protect themselves, what is the problem with facebook it too? sarah m.: it does not match with the image they are wanting to promote and it does not match with what they are telling numbers of congress and others that they will do which is fix the problems themselves. they are saying trust us, we can fix this and we know we are breaking democracy and we know we have problems on our platform with information, but we will fix it in good faith. what we have seen is that you cannot fix facebook in good faith. they are out to protect the reputation and bottom line, and they will not cooperate necessarily on things that are not good for those two things. emily: we will follow every tourist -- twist and turn. sarah miller and sarah frier, thank you both. coming up, a g20 dinner date. will president trump and xi jinping make headway in brenna -- buenos ares? this is bloomberg. ♪ ♪ emily: leaders from the top 20 economies are meeting and when the saris -- bueno aries. with two names dominating the conversation. >> president trump. >> president xi

the stock price recovers? even with users abandoning facebook? ost recent internal trading updates from facebook, mark zuckerberg was open that it is at a crossroads and a new -- and they need to shift strategy to improve momentum. they are pushing stories, pushing videos. they are happy with facebook watch platform is developing. and developing communities. 2019 is a critical year for facebook to demonstrate these new initiatives will start to deliver fresh momentum in the core facebook platform. if they can do that, you will see a comeback. do new can start to initiatives, they should get recognition from shareholders. you.e: thank markets are expected the federal reserve to increase rates today, the dollar is holding. we will have a look at why next. this is bloomberg. ♪ guy: live from london, i am guy johnson. vonnie: from new york i am vonnie quinn and this is bloomberg markets. the dollar is taking a dip. where larrythe cme joins us. what is the dollar saying? dollar index or a 96.5. >> backpedaling a little bit. saying the sentiment is look

according to the report, facebook offered microsoft's bing the ability to look at facebook users friends without their consent. even allegedly offering companies like netflix and spotify the access to read, write and delete users private messages. seeming to contradict mark zuckerberg's assurances from april. >> every piece of content that you share on facebook, you own and you have complete control over who sees it. >> reporter: tonight, facebook tells us that "none of these partnerships or features gave companies access to information without people's permission." >> it's gross mismanagement. it's taking advantage of not only the consumer but the fact that there is no regulation. >> reporter: david, face the book saying it no longer grants its partner companies that kind of access. and some of the companies like spotify and netflix telling us tonight that they never made use of their access to personal data. david? >> matt gutman tonight. matt, thank you. >>> we turn next here to an abc news exclusive, and a crisis we've been reporting on here for three years now. one of the most perse

brad: we are ending the year here with the sense that facebook is in trouble. in your report here, four of the top five apps downloaded were facebook, messenger, whatsapp, and instagram. what do you take from that? danielle: habits are hard to break. it's about the fact that convenience trump's everything. when you have -- convenience trumps everything. when you have the of duty to reach your primary circle, extended circle, -- the ability to reach your primary circle, your extended circle -- whatsapp is the dominant messaging platform. the fact of the matter is there is room for new opportunities and new challengers. you look at tiktok, which is more about these short form videos that are ultimately embedded into other social platforms. as a good example of something where there is this hunger for gen-z and how they are using apps, high-frequency, more sessions per day. facebook is quite dominant, but we are spending 90 minutes per day on a whole host of other apps. brad: you just mentioned tiktok. it is owned by a chinese company. are we sseeing more mobile ap

documents appear to show facebook allowed companies to ivate messages and the name l ir facebook friends. the report said facebook struck deals to share personal data with more than 150 companies, including netflix, spotify and amazon. >> we know we did not do a good enough job protecting people's data. i am really sorry for that. >> at a hearing in april mark zuckerberg insisted the data of facebook's more than 2 billion users is say. meanwhile, elon musk gave the public its first look at his underground transportation tunnel. the tunnel is built by the boring company, a lift lowers your car below the ground, in the car travels at 35 miles per hour using special wheels to keep them between the tunnel walls. the idea is to ease the traffic above ground. >> traffic is soul destroying, it is like acid on the soul. wouldn't it be incredible if you could travel around all the cities at 150 miles per hour? >> the tunnel is only 12 feet in diameter. >>> east bay senator steve glazier is calling for a maximum fine against bart for allegedly misusing public money to promote its bond measure. the

end of the bad news for facebook right. that's right in fact there was a more bad news on the monday where the u.s. senate intelligence committee issued a report saying that the scandal that we heard from twenty sixteen when our russian hackers and agents had meddled in the presidential elections in the u.s. that these agents had actually targeted specifically african-american voters and wanted to influence them so that they wouldn't vote for hillary clinton so this is something that we heard of this week so there are calls for a boy cut facebook of these calls are being made by one of the biggest the civil society groups in the u.s. the. they say people should stay away from facebook for a week and also log out of instagram and not use that and then work for a week in fact we are also seeing and that's many people are joining this campaign for example amy schumer the america and that comedienne we also have a people like a singer cher saying she will delete her facebook account completely and also joining the come pain is t

the lawsuit says facebook hasn't taken the appropriate steps to maintain and protect data.the attorneyk to take steps to avoid violating its consumer protection rules in the future -- and pay restitution. the suit comes at the tail end of a year that has seen facebook on the defensive in the political sphere after repeated revelations about how it collects and shares ur information. facebook c- e-o mark zuckerberg testified to congress in april --- after reports documented how cambridge analytica violated facebook's rules by accessing wide-ranging user data. (ken) and now... a stunning investigation by the new york times details how facebook shared private user information with dozens of companies.c-n-n's tom foreman has the latest. "for years, facebook gave some of the world's largest technology companies more intrusive access to users' personal data than it has disclosed..."that's the opening line for the new york times' explosive article, and the details may be even more troubling if you use facebook. the times says the social media giant made deals with more than 150 companies, und

the border wall. >>> another disaster for facebook. the social network struck deals over 150 companies giving them far more access to your data than it disclosed. >>> and an amazing rescue for the ages caught on video in texas. two deputies rescue a man from a burning car. we'll have that. >>> good morning, and welcome to "early start." i'm alison kosik. >> i'm dave briggs. good morning. 4:00 a.m. in the east. if that's not enough we have criminal justice legislation, the mike flynn sentencing suspended, and, oh, of course, the trump foundation shuttered. a lot of news. we'll start with what's new, "the new york times" reporting that hackers infiltrated the european union's diplomatic network, monitoring communications for years, downloading thousands of cables. the messages were discovered by the cybersecurity firm area one. and they expose the biggest, most serious concerns of countries around the world. so what's in them, and who broke into the eu's diplomatic system? samuel burke live for us in london, 9:00 a.m. good to see you. how

the price. he is controlling facebook completely. he owns -- he controls the shares. so he makes every decision at facebook. and what is really interesting is he always says we should all decide together. i'm like except you're the only one with the decision making power. so he controls it, he runs it. he's the founder. he's the ceo. he's the chairman of this massive global communication system that's impacting everyone. should we let one person, unelected, decide some of these issues? i don't know. >> given the power you just described he had, what strikes me is that people start blaming sheryl sandberg. do you think that's sexist? >> a little bit. she should be blamed too because she's part of the management team. but the point i was making there is that there's also a cto of facebook. there's also someone who is head of the product there. there's also a chief legal officer. all men. you've never heard their names. she gets all the ayre that mark deserves. she also deserves it as a principal manager there. she has responsibility and helped design these systems, these

the huawei ceo arrested -- cfo arrested. facebook expose. u.k. lawmakers release a cash of internal emails from the social network revealing a take no prisoners approach by mark zuckerberg himself. will lawmakers be just as ruthless? emily: u.s. tech executives across a look and valley have gathered at the white house for a closed-door meeting with president trump stopped trade advisors -- trumps top trade advisors. the ongoing trade war with china is expected to be front and enter as well. the roundtable was hosted by the president's daughter and robert ighthizer. lighthizer. the ceos of microsoft, google, oracle, ibm, and qualcomm were all in attendance. it is unknown a president trump attended the meeting. joining us with the latest from washington is alex wayne who leads our coverage from the white house. what you think this meeting will accomplish? alex: it had a lot to do with trade in less to do with future of technology, the industries of the future, the purported purpose of the meeting. the ceos wanted to know whether the white house has

we are concerned at the part facebook played in the effort to suppress black votes.is something no company should tolerate. we should be protected as citizens of this company. country and companies should make sure our democracy is safe and sound. emily: you also returned a monetary donation you received from facebook. you said as much in a tweet. how big was that donation, and what was the response from facebook? mr. johnson: we have been in communication with facebook. our goal is to make sure they hear our concerns. we found our value system must align, that any type of corporationa refuses to support democracy by making sure citizens are protected, the very nature of a company using racial hatred to divide the nation is something that should not be tolerated. our mission is to fight against that, so we could not accept any monetary donation from facebook at this time. emily: was it a sizable donation? are you willing to share the size of it? mr. johnson: it is something we would have standardly accepted. but at this juncture, anytime you have this scenario -- com

the ones who understand how facebook advertising work and the ones who lose. it was as simple as that. you can see this in all the various postmortems that have been done of the election. in my view, the single most striking thing was that brad pascal and his team on the digital side for trump were able to bring in the facebook engineers and work extremely hard at targeting the advertising in a way that you can with facebook. it's not just that you're targeting a demographic. you're targeting individual users, taking to the next level what had begun to be done four years previously by the obama campaign, and using it in a variety of ways that i think were decisive in a very close election so i think we need to focus not so much on the long-standing polarization of the united states or division of the united states along racial or other lines, we need to focus on what made 2016 different. what made it different was that with the expenditure of relatively little money, the trump campaign was able to overcome a massive disadvantage that it had. in financial terms

any more, saying the new york times story of facebooks like amazon for years... it calls its apology to cambridge analytica into question —— for. bloomberg says the global auto industry is likely to be in its first recession since 2009, that's what it's predicting. this is how to get in touch. let's look at the financial markets, japan has got 20 minutes to go. 20 more minutes and you can see, look at that, down over 3% at the moment injapan. at that, down over 3% at the moment in japan. losses at that, down over 3% at the moment injapan. losses across the board in asia. policymakers have been meeting at the bank ofjapan as asia. policymakers have been meeting at the bank of japan as well today. they maintained their monetary policies at things for now. that is the latest business news. up next, news biefing. cuts to fire and rescue services in england could pose a serious safety risk, according to a new report. her majesty's inspectorate of constabulary, fire and rescue services says fire safety checks have fallen by 42% in ten years. t

that interest the punt itry, facebook is a political football these days, the popular right and left ikes them and so i think facebook has got problems going forward, their growth of new users has slowed, their share of social media has gone from 18% down to 14% in the last two years, and even most critically their advertising revenue has slowed. they're going to have to find new sources of revenue at that company. david: well rich it's funny you mentioned your wife loving facebook i think there's a meme here because i'm in the same exact boat i stopped using facebook but she hasn't and i kind of yearn for it but i think it's a very good product but i kind of liken these problems facebook is having to the problems of the electric utility in california pg& e is having they provide a lot of electricity to a lot of people and do a good job but if they have one fire that kills 86 people in the northern counties from san francisco they have huge problems on their hands and i think that's analagus to the problem facebook has with people stealing their data. if just a few people are hurt it'

the president. he has been hard on google, amazon, facebook. how does that play out given the need for progress on some of these broader issues? david: there are different parts of tech. keep that in mind. google does not have much participation in the chinese market. a number of companies in the white house today do have very assets in china. i think the president says one thing and does the other often. that is worth keeping in mind. i also think this issue has to -- this meeting has to do a trade but goes beyond trade because there are genuine, long-term issues of u.s. competitiveness that have to be addressed. not only is china moving forward with ai and other technologies, we have led this historically. are literally the only major have anthat does not explicit government policy of supporting our ai and other technology development. the trump administration has been moving very steadily towards a more explicit set of supporting policies for tech in the united states as a competitive weapon. i think this discussion is connected to that. even