facebook investor and former mentor to ceo mark zuckerberg, sandy, a former facebook manager, and tristan harris, a former design assistant at google. together they accuse facebook of prioritizing profits over people, pointing to russia's 2016 misinformation campaign against american voters carried out in part through targeted ads on facebook. this man who worked for facebook on privacy issues in 2011 and 2012 now speaking on camera for the first time saying he sounded the alarm four years before the 2016 election. warning senior executives during the arab spring that the social network could be misused by foreign governments. >> it makes me terrified that something that i had a small part in helping to build is being used by people with really bad intent against america. >> reporter: mcnami says he raised a red flag too, e-mailing zuckerberg and sheryl sandberg about suspicious activity on facebook in october of 2016. >> i got e-mails from both sheryl and mark and they would treat it like a public relations problem rather than a substantive issue for the business. >> reporter: facebook has 2 bi

tristan harris, former design at google, and now with crusade. peggy so much. great to have you.imistic about a backup fix -- daca fix. they believe they want to fix this, but they want to keep the pressure on so we hold them accountable area. regulators to protect the internet with regulations. we'll talk to one company that has petitioned the courts. this is bloomberg. ♪this is twitter, andok, google told lawmakers that they support a legislative effort to restore net neutrality rules. this as the legal fight repeal of the regulations. many have been filed on behalf of 21 state attorney generals and protection groups like free press and public knowledge, and one by the company mozilla. --ning us now from mozilla wrote the block post about this about thisblog post lawsuit. >> deking the internet -- we would like to reinstate those internet principles that we all work and live under since the inception of the internet, and so we can get that as consumers to have this global resource available to us. emily: others have complained -- in some ways it is one we have not seen stronger

selina: that was tristan harris.ocurrency crutch. $10,000.alls below all episodes of bloomberg technology are live streaming on twitter. check us out. this is bloomberg. ♪ ♪ bitcoin continued its tumble at the start of the year, falling below $10,000 this week after hitting a record high a month ago. the selloff brings more trauma could digital coin market that has lost more than $300 billion in value and just four days. that pushfter a rally to bitcoin higher by 1400% last year. aily chang caught up with partner at blockchain capital to discuss. differents a couple ways to frame this. it is up 1000% over the past year. when we talk about a correction, all we have done is gone back to the all-time highs we set six weeks ago. it hasn't been much of a correction yet. what do to take a look at our chart. -- i want you to take a look at our chart, which shows our perspective on bitcoin. you see the run-up. you also see the fall. where do you think this is going? is this reality? >> there is two different sides to the sto

emily: tristan harris, former design at google, and now with crusade. great to have you.ckerberg says he is optimistic about a daca fix. he has been calling members of congress and added they want to fix this, but we need to keep the pressure on so they know we hold them accountable. coming up, regulators to protect the internet with regulations. we'll talk to one company that has petitioned the courts. this is bloomberg. ♪ emily: facebook, twitter, and google told lawmakers that they support a legislative effort to restore net neutrality rules. this as the legal fight repeal of the regulations. various lawsuits have been filed include -- including one on behalf of 21 states attorney general's and protection groups like free press and public knowledge, and one by the company mozilla. joining us now from mozilla -- wrote the block post about this lawsuit -- blog post about this lawsuit. >> the notion is protecting the internet as a global resource accessible to all. we would like to reinstate those open internet principles, pencils we have all worked and lived under since

is there anyone pushing back on that and presenting a different philosophy >> there are some, tristan harriso has become one of the leadinge ethicists mark zuckerberg is trying to they end up giving more power to the company themselves if they white list certain news companies, they become more powerful in the news business than less powerful they get to decide who gets the bulk of facebook traffic versus who doesn't and pick winners and losers maybe a lot of people might object to that in the long run too. i think one of the problems is that every time you come up with a solution, it end up giving power to one of the companies over another and in the long run ends up being a lot of power >> as we've seen over time guys, don't go anywhere. want to check in with julia boorstin monitoring capitol hill >> good morning to you, carl that's right executives from facebook, twitter and youtube are speaking right now on capitol hill in this hearing, talking about how they're all working together, and want to work with the government to help address issues of terrorism and how they are using technolog

selina: that was tristan harris. former design ethicist at google.g up, a cryptocurrency crutch. bitcoin falls below $10,000. has the bubble burst? a reminder that all episodes of bloomberg technology are live streaming on twitter. check us out. this is bloomberg. ♪ ♪ selina: bitcoin continued its tumble at the start of the year, falling below $10,000 this week after hitting a record high a month ago. the selloff brings more trauma to a digital coin market that has lost more than $300 billion in value in just four days. it comes after a rally that push put -- that pushed bitcoin higher by 1400% last year. emily chang caught up with a partner at blockchain capital to discuss. >> there is a couple different ways to frame this. one is just what you said. the market is down 5% 50% from its all-time high, but the other way is it is up 1000% over the past year. when we talk about a correction, all we have done is gone back to the all-time highs we set six weeks ago. it hasn't been much of a correction yet. emily: i want you to take a look at our chart, whi

tristan harris is one much these engineers and designers, former google person, who is working on thequestion of time well spent, time well spent .io. we're designers and engineers, we can design better ways. on the addiction side of things, i really love, i think she used to be at mit and now miu, but natasha's work, a book called addiction by design. and it's actually about slot machines, but, of course, very relevant to the design of any technological interface and, yeah, she's clearly articulating these stems are designed to keep you in flow, keep you going, not necessarily to keep you winning, and that's kind of a really interesting look at specifically such a clear use of addiction, but people are -- have naturally taken that and applied it to these markets, kind of broad consumer interfaces. >> hello, i'm elliott. born and raised in the bay area, silicon valley and come from all of this stuff and there's a lot of complexity there, plenty of good things and plenty of bad things. one thing that struck me your argument of unefficiency. if you have a company to take over a market o