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Mar 21, 2018
03/18
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u.s. federal trade commission is looking into it and the british parliament is calling on facebook founder mark zuckerberg to testify. so are many members of the u.s. congress. >> users had no idea that cambridge analytica was accessing this data. it's a clear violation of the order. >> potentially it could cost them $40,000 for every offense times 50 million people. >> reporter: the man behind the proposed ballot measure that would increase online privacy protections for california consumers calling out facebook's ceo mark zuckerberg. the chairman of californians for consumer privacy posted a letter on mark zuckerberg's facebook page questioning his decision to pour hundreds of thousands of dollars into an effort to stop the privacy measure. and a facebook investor we're hearing right now is suing facebook over this whole cambridge analytica scandal. so plenty of problems in menlo park. live in menlo park, anne makevoc, kpix 5. >>> the battle over climate change will move to a local courtroom today as two bay area cities challenge "big oil." kpix 5's jessica flores is live in oakland to e
u.s. federal trade commission is looking into it and the british parliament is calling on facebook founder mark zuckerberg to testify. so are many members of the u.s. congress. >> users had no idea that cambridge analytica was accessing this data. it's a clear violation of the order. >> potentially it could cost them $40,000 for every offense times 50 million people. >> reporter: the man behind the proposed ballot measure that would increase online privacy protections for...
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u.s. federal trade commission is investigating facebook's the consumer watchdog is trying to determine whether the company's privacy practices cause substantial injury to its users facebook stock plunged to further depths on the news following last week's decline the social media company has been under pressure following a series of privacy schemes. hash tag delete facebook has a new supporter ilan musk the billionaire tech maverick has now deleted the pages of his company's tesla and space x. but that's by no means the biggest blow for facebook big advertisers are jumping ship like firefox creator mozilla and speaker manufacturers so knows the privacy scandal is expanding rapidly politicians the world over are raring to take action against data breaches. in the future going to monitor companies like facebook much more closely as well as punish data protection violations quickly severely and seriously. on friday these images of a police raid on cambridge analytical went around the world the company reportedly misused the data of fifty million facebook users to target election ads to influence
u.s. federal trade commission is investigating facebook's the consumer watchdog is trying to determine whether the company's privacy practices cause substantial injury to its users facebook stock plunged to further depths on the news following last week's decline the social media company has been under pressure following a series of privacy schemes. hash tag delete facebook has a new supporter ilan musk the billionaire tech maverick has now deleted the pages of his company's tesla and space x....
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u.s. federal trade commission is investigating facebook's the consumer watchdog is trying to determine whether the company's privacy practices cause substantial injury to uses facebook stock plunged to further depths on the news following last week's to climb the social media company has been under pressure following a series of privacy scandals including accusations of data misused by consulting group cambridge analytics affecting fifty million facebook users in the u.s. . entrepreneur and sort of mentor joins us now from washington county facebook has done nothing wrong here i mean what on earth did we think facebook was doing with our data if not sharing it with third parties to target us. i am pretty sure that most people were not thinking. that they're actually actively sharing their data they were intrigued to play funny games or two polls on facebook and really engaged there's also peer pressure so you at facebook you can always see that many of your friends have already participated so it's really easy to forget that you're actually actively sharing your data at all times when you uplo
u.s. federal trade commission is investigating facebook's the consumer watchdog is trying to determine whether the company's privacy practices cause substantial injury to uses facebook stock plunged to further depths on the news following last week's to climb the social media company has been under pressure following a series of privacy scandals including accusations of data misused by consulting group cambridge analytics affecting fifty million facebook users in the u.s. . entrepreneur and...
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Mar 21, 2018
03/18
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KPIX
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u.s. federal trade commission is now looking into that. the british parliament is calling on facebook founder mark zuckerberg to testify and so are many members of congress. >> we have a situation where they haven't been as transparent as people would like. >> reporter: the man behind the proposed ballot measure that would increase online privacy protections for california consumers is calling out zuckerberg. the chairman of californians for consumer privacy posted a letter on zuckerberg's facebook page questioning his decision to pour hundreds of thousands of dollars into an effort to stop the privacy measure. and now a facebook investor is suing facebook over the decision it says to hide some of its dealings that led to this whole cambridge analytica scandal. live in menlo park, anne makovec, kpix 5. >>> arizona police said a woman hit and killed by a self- driving uber suddenly stepped out in front of the car. the backup driver in the car also told police he didn't see the 49-year-old woman until the car hit her. the ntsb is investigati
u.s. federal trade commission is now looking into that. the british parliament is calling on facebook founder mark zuckerberg to testify and so are many members of congress. >> we have a situation where they haven't been as transparent as people would like. >> reporter: the man behind the proposed ballot measure that would increase online privacy protections for california consumers is calling out zuckerberg. the chairman of californians for consumer privacy posted a letter on...
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Mar 26, 2018
03/18
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KQED
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u.s. federal trade commission has confirmed it is investigating facebook;s privacy policies. itaid it would consider whether facebook engaged in unfair acts that caused substantial injury tconsumers. the announcement follows revelations that a political oonsulting company had been given access users' personal data. pthe white house sasident trump strongly denies a sexualth encounter orn star stormy daniels after she gave details of the alleged affair on television. she claims the one-night stand happened in 2006. at issue is a payment made by the president's lawyer prior to the 26 election for the james cook has more. >> you were 27 come he was y0 full to we physically attracted to him? stormy: no. >> did you want to have sex with him? stormy: no. but i am not a victim. >> it was entirely consensual? stormy: yes. james: the scandal with the porn star that won't go away. 'donald tr's lawyer paid stormy daniels 90,000 pounds to stay silen she says she only signed the deal because she had been threatened in the past. : i was in a parking a lot, going itness class with my infant
u.s. federal trade commission has confirmed it is investigating facebook;s privacy policies. itaid it would consider whether facebook engaged in unfair acts that caused substantial injury tconsumers. the announcement follows revelations that a political oonsulting company had been given access users' personal data. pthe white house sasident trump strongly denies a sexualth encounter orn star stormy daniels after she gave details of the alleged affair on television. she claims the one-night...
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Mar 21, 2018
03/18
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u.s. federal trade commission is looking into it and the british parliament is calling on facebook founder mark zuckerberg to testify. an emergency meeting was called this morning and zuckerberg was reportedly absent. >> we have a situation where they haven't been as transparent as people would like. >> reporter: the media technology professor says facebook crossed a line with users. >> they are irritating ranges of ages down as young as nine all the way to 99. >> reporter: many users jumped on twitter to announce they were leaving, #deletefacebook was trending today. facebook has weathered controversies before, but this time things could be different. the company reported in january the amount of time users are spending on the platform is down for the first time. and stock was down again today as investors fear about the real possibility of government regulation. in san jose len ramirez, kpix 5. >>> the homeless in sunnyvale now have a shelter to stay in year round. the home first shelter on hamlin courthouses 140 people a night. it was set to close on april 15, but the santa clara county
u.s. federal trade commission is looking into it and the british parliament is calling on facebook founder mark zuckerberg to testify. an emergency meeting was called this morning and zuckerberg was reportedly absent. >> we have a situation where they haven't been as transparent as people would like. >> reporter: the media technology professor says facebook crossed a line with users. >> they are irritating ranges of ages down as young as nine all the way to 99. >>...
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Mar 21, 2018
03/18
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LINKTV
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u.s. federal trade commission has launched a probe and it forces consumer protection laws. it looks to whether facebook evaded its privacy settlement that said users must consent to sharing data. a fine of $40,000 per day for violation and for 50 million users, that would amount to $2 trillion. facebook represented at their briefings several representatives as lawmakers press for answers. >> there were facebook's in bed and can bridge analytica. were they aware facebook data was being ud? reporter: meanwhile, facebook ceo mark zuckerberg, who has yet to comment on the scandal, has been called to appear before congress as well as u.k. and eu parliamentary committees. >> this is ultimately abt people's private data. they had no idea was being harvested in the way it was and it's in the hands of a company like cameras an cambridge analyc a. reporter: facebook stock has plunged, shaving off nearly $60 billion in value. >> i've had multiple friends saying we are leaving facebook . that has huge ramifications for facebook because people don't trust it. the company is also facing
u.s. federal trade commission has launched a probe and it forces consumer protection laws. it looks to whether facebook evaded its privacy settlement that said users must consent to sharing data. a fine of $40,000 per day for violation and for 50 million users, that would amount to $2 trillion. facebook represented at their briefings several representatives as lawmakers press for answers. >> there were facebook's in bed and can bridge analytica. were they aware facebook data was being ud?...
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u.s. federal trade commission he has opened an investigation into facebook's now infamous data breach fifty million accounts were reportedly targeted by political consulting firm cambridge analytical and its parent company and links have now in between them and high profile politicians and while family members jacqueline viduka picks up the story. at this point you've likely heard of cambridge analytic of the company at the center of a media storm who's accused of using massive amounts of stolen facebook users data to influence elections around the world but what about its parent company c l a british behavioral research and strategic communications firm. we use the same techniques as aristotle and hitler we appeal to people on an emotional level to get them to agree on a functional level if you take a look at the key figures that s.c.l. you can't miss the connections between the company's board and britain's political military and even royal establishment first there's their c.e.o. nigel oakes. ochs comes from a military family and is one of the company's founders he made headlines back in
u.s. federal trade commission he has opened an investigation into facebook's now infamous data breach fifty million accounts were reportedly targeted by political consulting firm cambridge analytical and its parent company and links have now in between them and high profile politicians and while family members jacqueline viduka picks up the story. at this point you've likely heard of cambridge analytic of the company at the center of a media storm who's accused of using massive amounts of...
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u.s. federal trade commission is. investigating facebook a consumer watchdog is trying to determine whether the company's privacy practices cause quote substantial injury to uses facebook stock plunged to further tests on the news following last week's decline their social media company has been under pressure following a series of privacy scandals that states are misusing election map targeting by consulting group members and others are affecting fifty million facebook users in the u.s. i will have more on this story in the next hour on d.w. business writing firm is selling its southeast asian business to bigger regional rival grab that mocks the u.s. companies second to retreat from an asian market that is the industry's first big consultation in southeast asia home to about six hundred forty million people and potential customers who will get a twenty seven point five percent stake in braben exchange right hailing companies throughout asia ever lied heavily on discounts and promotions in the highly competitive mark
u.s. federal trade commission is. investigating facebook a consumer watchdog is trying to determine whether the company's privacy practices cause quote substantial injury to uses facebook stock plunged to further tests on the news following last week's decline their social media company has been under pressure following a series of privacy scandals that states are misusing election map targeting by consulting group members and others are affecting fifty million facebook users in the u.s. i will...
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Mar 26, 2018
03/18
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BLOOMBERG
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u.s. federal trade commission confirmed it has an open nonpublic investigation into the company's privacyctices ongoing. facebook is down 6%, it's been the worst performer in the s&p 500 all session, even before this news broke. more on the social media giants big challenges later this hour. this is bloomberg. ♪ vonnie: live from new york, i'm vonnie quinn. mark: live from london, i'm mark artan. this is the european close on bloomberg television. latest time for the bloomberg business flash. look of the biggest business stories in the news right now. usc rejected a $5.5 million offer that was rescued by berkshire hathaway after the u.s. housing market imploded a decade ago. offerlls the opportunistically timed and says it does not reflect the company's intrinsic value. lowe's is looking for new leadership as its longtime chairman and ceo has announced his plans to retire early from the company. robert mid-log has served as ceo for 13 years and will remain in his current position until a successor is found. sales at lows have been increasing and they continue to trail gains at home depot,
u.s. federal trade commission confirmed it has an open nonpublic investigation into the company's privacyctices ongoing. facebook is down 6%, it's been the worst performer in the s&p 500 all session, even before this news broke. more on the social media giants big challenges later this hour. this is bloomberg. ♪ vonnie: live from new york, i'm vonnie quinn. mark: live from london, i'm mark artan. this is the european close on bloomberg television. latest time for the bloomberg business...
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Mar 21, 2018
03/18
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KTVU
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u.s. federal trade commission could investigate how the transfer information.>>> san francisco is the largestty in the nation to ban the sale of for. we will tell you what that new band means. >>> stocks are holding onto the early gains after the fed wrapped up its meaning. at that meeting the feds decided to boost its key short- term rate by a quarter of point.>>> the district attorney is accusing home advisor of false advertising about the background checks of its service advisors. it's ads claim that the pros had background checks. the district attorney says the only person that undergoes a background check is a business owner and not the employees. the small print on the ad sent you to the website for this disclaimer. >> you have to be an attorney to find those disclaimers in their website. it is not the way that disclaimers are supposed to work. it's not the way legitimate companies advertise to the consumer.>>> the district attorney said they asked home advisor to take down the ads but they refused. a spokesperson says the company does not comment on ongoing legal manners -- matters.>>>
u.s. federal trade commission could investigate how the transfer information.>>> san francisco is the largestty in the nation to ban the sale of for. we will tell you what that new band means. >>> stocks are holding onto the early gains after the fed wrapped up its meaning. at that meeting the feds decided to boost its key short- term rate by a quarter of point.>>> the district attorney is accusing home advisor of false advertising about the background checks of its...
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Mar 26, 2018
03/18
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KGO
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u.s. federal trade commission says they are investigating facebook's privacy practices, meanwhile, germany wants closer oversight. and attorneys general for 37 u.s. states and territories are demanding that facebook reveal when they learned about a breach. facebook remains strongly committed to protecting the privacy of its users, they say. now janine de la vega with a look at the changes they could be facing and the effects this would have on users. >> reporter: we're here in front of facebook headquarters, in front of that famous thumbs up sign that you see right here. but lately, facebook has been facing a lot of thumbs down, and some say it's time for more rules. facebook admits it needs to do better when it comes to privacy and data. last week, it broke that cambridge analytica was given data of tens of thousands of users without their permission. eric gold mondman says it's goo legislators are looking at imposing regulations. >> we're still figuring out what works and what doesn't. until we have a clear sense about what the opportunities to regulate are, what the costs are, i think w
u.s. federal trade commission says they are investigating facebook's privacy practices, meanwhile, germany wants closer oversight. and attorneys general for 37 u.s. states and territories are demanding that facebook reveal when they learned about a breach. facebook remains strongly committed to protecting the privacy of its users, they say. now janine de la vega with a look at the changes they could be facing and the effects this would have on users. >> reporter: we're here in front of...
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Mar 27, 2018
03/18
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CNBC
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u.s. federal trade commission launching an investigation into how the social media network handles informationut its users. the fshtc says there are substantial concerns about privacy practices at facebook. lawyers ahave also written facebook demanding answers over their alleged role in the data compiled by cambridge analytica. arjun, you're still with us, thanks for sticking around how do you read this facebook story from here? is there anything that the company can do to get the public to trust them again? >> i think there needs to be a lot of work done in the way they communicate what they do with the data a lot of people are downloading the stuff that people knows about them you look at that and say look at the amount of data, all the message history. then you think hold on, i uploaded that picture. i sent that message. i posted that status that's what people are realizing now, their data hygiene over the past few years has been poor and their footprint is all over the internet that's what we're seeing now people realizeding wh people realizing what they're doing with data and getting smar
u.s. federal trade commission launching an investigation into how the social media network handles informationut its users. the fshtc says there are substantial concerns about privacy practices at facebook. lawyers ahave also written facebook demanding answers over their alleged role in the data compiled by cambridge analytica. arjun, you're still with us, thanks for sticking around how do you read this facebook story from here? is there anything that the company can do to get the public to...
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Mar 22, 2018
03/18
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KTVU
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u.s. federal trade commission could investigate the way facebook handled the transfer of information. shares in facebook stabilized today after falling more than 8% this week. the stock rose less than 1% today to $169.39 a share with some traders seeing a bargain. the company lost about $50 billion in market value over the past two days. and on ktvu.com, you will find the full statement by mark zuckerberg and his wife, sheryl sandberg. look for the story near the top of the homepage. >>> now to the wet weather around the bay area. in the north bay rain flooded roadways in western sonoma county. crews closed down a flooded portion of highway 1 near valley ford road. but some vehicles were still trying to make their way through anyway. in oakland a large pine tree came crashing down blocking skyline boulevard near joaquin miller road. authority were on the scene to divert traffic. there's no word yet when that portion of skyline will re- open. >> the storm hitting the bay area is affecting parts of southern california. that's prompted evacuations for thousands of people in santa barbara
u.s. federal trade commission could investigate the way facebook handled the transfer of information. shares in facebook stabilized today after falling more than 8% this week. the stock rose less than 1% today to $169.39 a share with some traders seeing a bargain. the company lost about $50 billion in market value over the past two days. and on ktvu.com, you will find the full statement by mark zuckerberg and his wife, sheryl sandberg. look for the story near the top of the homepage....
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Mar 21, 2018
03/18
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u.s. federal trade commission could investigate how facebook handled the transfer of the information. will the scandal involving facebook over the misuse of your personal data cause you to delete your facebook account? let us know what you think by voting on the twitter page. you can comment on the facebook page as well. >>> now here's a look at the results so far. 45% say yes. this is going to cause them to get rid of facebook. 55% say no. we will check nonet response and share your comments as well this morning. so, let us know what you think. >> that's a good one. >>> meantime, an apology from san francisco's supervisor erin peskin. what he is saying about the fire chief after criticizing her response to that big fire in north beach over the weekend. >> and there's a big storm hitting us in california, but an even bigger one an the east coast once again we will have look at the area is blearchged by snow and flights could be be affected. >> one of the biggest traffic issues -- >> reporter: one of the problem is the shut down of 880. we will have another update straight ahead. >> we
u.s. federal trade commission could investigate how facebook handled the transfer of the information. will the scandal involving facebook over the misuse of your personal data cause you to delete your facebook account? let us know what you think by voting on the twitter page. you can comment on the facebook page as well. >>> now here's a look at the results so far. 45% say yes. this is going to cause them to get rid of facebook. 55% say no. we will check nonet response and share your...
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Mar 26, 2018
03/18
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u.s. federal trade commission confirmed today it's looking into the matter., 37 states and territories asked for information on when facebook learned of the problem, and what actions it took. new fallout from the police killing of an unarmed black man in sacramento, california. the grandmother of steph clark, sequita thompson, said today that police need to useai tasers ofor arms or legs in order to avoid lethal wounds. officers fired at clark 20 timea week. they said they thought he had a gun, but it turned out to be aho cell. and, the kansas woman whose court case overturned school segregation america, has died in topeka. linda brown was nine years old when she was barred from vtending a white public school. in 1954, in "brosus board of education," the u.s. supreme court declared the "separate but equal" doctrine was uncotitutional. linda brown was 76 years old. still toome on the newshour: relations with the u.s. and russia reach a new low. could lawsuits filed by ormy daniels and other women undermine president trump? american farmers' hopes and fears whe
u.s. federal trade commission confirmed today it's looking into the matter., 37 states and territories asked for information on when facebook learned of the problem, and what actions it took. new fallout from the police killing of an unarmed black man in sacramento, california. the grandmother of steph clark, sequita thompson, said today that police need to useai tasers ofor arms or legs in order to avoid lethal wounds. officers fired at clark 20 timea week. they said they thought he had a gun,...
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Mar 20, 2018
03/18
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BLOOMBERG
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u.s. federal trade commission is looking into whether facebook violated terms, the consent decree that theyunder since 2011. the federal trade commission has a consumer protection mandate and they have been one of the teams in washington to look into this. what happened in 2011, they said the ftc had to give users the informedty to give consent. they were going to share their information with both parties. the question that they will be looking at according to a person theliar with the agency, question is whether facebook users had been allowed to give their consent are giving the analytic of.o not confirm whether they are investigating but they said they take data privacy issues very seriously. the procedure here? does facebook get a chance to respond? how does it defend itself to the ftc question mark >> facebook says they don't believe they are in violation of that consent decree. from how the story has evolved is that there were 270,000 users who did give consent for their data to be used as part of an academic survey. that data was then used but leaked to the profiles of 50 million use
u.s. federal trade commission is looking into whether facebook violated terms, the consent decree that theyunder since 2011. the federal trade commission has a consumer protection mandate and they have been one of the teams in washington to look into this. what happened in 2011, they said the ftc had to give users the informedty to give consent. they were going to share their information with both parties. the question that they will be looking at according to a person theliar with the agency,...
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u.s. presidential vote to federal trade commission's probe raises the threat of billions of dollars in penalties for facebook. now how serious is this new investigation how damaging is that for the company that are the most valuable companies in the world joined by silicon valley entrepreneur and why it's a coffee smith who joins us from studios in washington causes should we all really be angry about facebook have we all forgot that on facebook the use that is the problem is. i think facebook actually helps us forget. i'm not sure if we should entirely only be angry at facebook and maybe also be a tiny bit angry about ourselves. but facebook definitely suggests that users are in a far more private environment and makes it very easy and convenient for people to share a lot of user data and to engage heavily and even share their friends' data so we all feel a bit safer than we actually are governments have begun to look more closely is the regulation do you think up to speed with social networks that constantly evolve and what do we expect from the large so he f.t.c. and the u.s. authorities. unf
u.s. presidential vote to federal trade commission's probe raises the threat of billions of dollars in penalties for facebook. now how serious is this new investigation how damaging is that for the company that are the most valuable companies in the world joined by silicon valley entrepreneur and why it's a coffee smith who joins us from studios in washington causes should we all really be angry about facebook have we all forgot that on facebook the use that is the problem is. i think facebook...
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Mar 21, 2018
03/18
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KPIX
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u.s. federal trade commission is investigating. >>> oakland and san francisco say the oil industry will wipe! they are now suing "big oil" for billions in damages arguing that oil production has heated the planet and caused rising sea levels. >>> stay with us, traffic and weather in just a moment. for a fraction of what you'd pay elsewhere. step one: get to ross. step tut with top brands at big savings... ...at the ross spring shoe event. ♪ for the latest styles where you'll spend less. ♪ spring dress. ♪ ♪ you gotta go to ross. if you want to save big on dresses for every occasion, you gotta go to ross. >>> good morning, time now 8:27. and it's a tough ride out on the roads this morning. commuters dealing with a lot of slowdowns. take a look at 101 heading through novato. this is right near ignacio boulevard. we had an earlier crash near roland and now your drive times close to an hour. 57 minutes from roland to 580. that's a 45-minute delay. brutal conditions for drivers heading southbound. as you head across the golden gate bridge, it's a busy ride. we have a lot of folks heading into san
u.s. federal trade commission is investigating. >>> oakland and san francisco say the oil industry will wipe! they are now suing "big oil" for billions in damages arguing that oil production has heated the planet and caused rising sea levels. >>> stay with us, traffic and weather in just a moment. for a fraction of what you'd pay elsewhere. step one: get to ross. step tut with top brands at big savings... ...at the ross spring shoe event. ♪ for the latest styles...
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Mar 21, 2018
03/18
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CNBC
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now, over in the u.s., the federal trade commission will reportedly investigate facebook and its violationf a decree that the ftc had with facebook in regards to data on top of that, you have the investor lawsuit the investors here are claiming facebook made materially false and misleading claims that caused them to lose money. so this is a number of issues. just added to that, whatsapp co-founder brian acton tweeted out delete facebook. the cambridge analytica ceo, alexander nix who was caught admitting helping donald trump win the 2016 election as well as admitting to using bribery an sex workers in order to help politicians gain favor in their respective countries, he has been suspended by the firm after that undercover sting by channel 4. investors are reacting negatively to the news pre-market facebook is still down there's a lot of questions, where is mark zuckerberg why has no senior management made statements regarding that i just want to flag up one important bit of news coming out of the european union today, that's the so-called eu digital tax. the eu is expecting to release som
now, over in the u.s., the federal trade commission will reportedly investigate facebook and its violationf a decree that the ftc had with facebook in regards to data on top of that, you have the investor lawsuit the investors here are claiming facebook made materially false and misleading claims that caused them to lose money. so this is a number of issues. just added to that, whatsapp co-founder brian acton tweeted out delete facebook. the cambridge analytica ceo, alexander nix who was caught...
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Mar 27, 2018
03/18
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KCSM
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u.s. presidential vote. the federal trade commission's boat races penalties for facebook. >> spanish authorities are lordinghe arrest of an international criminal hacker. brent: is gained use some of the most sophisticated technology to rob hundreds of bank accounts around the world. it netted an average of $100 million a pop. reporter: it is a major breakthrough for the police in spain, after a three-year investigation, i have arrested the mastermind of an international . the group operated in some 40 countries. >> just to give you an example of how important the detention is, in 2013, this group managed to access practically every bit -- bank in russia. the benefits were about $1 million on average. reporter: many banks and authorities in several countries work together to snare the gang leader's the arrest is being celebrated around the world. brent: tax cuts and increased government spending could accelerate economic growth in the u.s. for the next two years. outpacing the last three years. since in national association of business issued its loss forecast, president trump has pushed a 1.3 billion dolla
u.s. presidential vote. the federal trade commission's boat races penalties for facebook. >> spanish authorities are lordinghe arrest of an international criminal hacker. brent: is gained use some of the most sophisticated technology to rob hundreds of bank accounts around the world. it netted an average of $100 million a pop. reporter: it is a major breakthrough for the police in spain, after a three-year investigation, i have arrested the mastermind of an international . the group...
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Mar 27, 2018
03/18
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CNBC
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u.s. federal trade commission saying it has opened an investigation into facebook's privacy practices.ely a coalition of 37 state attorneys general are demanding answers. shares of facebook fell by more than 6% after that news before recovering to close fractionally higher stock was up slightly. remember on a day that the market was up by 3%. >>> let's get you caught up on the markets at this hour as the dow logged its third largest point gain in history. joining us is karen cavanaugh, she is senior market strategist at boya investment and david bonson is joining us we had january, ladies and -- lady and gentleman, and then we have davos where everybody said this is going to last forever and these are the great he was times we've ever seen and there's nothing to worry about and since then we've seen 5 and 600 points either up and down routinely. the vix is suddenly back in play we've made very little head way. still down double digits. >> that means the grind higher isn't going to be as easy as it was last year. let's face it, the fundamentals are stronger than ever the economy is acce
u.s. federal trade commission saying it has opened an investigation into facebook's privacy practices.ely a coalition of 37 state attorneys general are demanding answers. shares of facebook fell by more than 6% after that news before recovering to close fractionally higher stock was up slightly. remember on a day that the market was up by 3%. >>> let's get you caught up on the markets at this hour as the dow logged its third largest point gain in history. joining us is karen cavanaugh,...
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u.s. presidential election a probe by the federal trade commission could subject facebook to major penalties. police in spain have a rest of the alleged mastermind of an international cyber crime gang it was the culmination of a three year long investigation of the gang is believed to have stolen as much as a billion euros and operated in some forty countries its techniques included using technology to change account balances and instructed cash machines to issue money the crimes committed were far reaching so a little different. just to give you an example of how important it is in twenty thirteen this group managed to access practically every bank in russia. for a million dollars. there may be. authorities in several countries work together to snare the alleged gang leader and are hailing the arrest as a major victory in the fight against financial crime. to the problem of pollution and how a crackdown on dirty diesels in western european countries is creating a nice for sales of used cars in countries to the east. take germany for example where authorities are mulling plans to allow only
u.s. presidential election a probe by the federal trade commission could subject facebook to major penalties. police in spain have a rest of the alleged mastermind of an international cyber crime gang it was the culmination of a three year long investigation of the gang is believed to have stolen as much as a billion euros and operated in some forty countries its techniques included using technology to change account balances and instructed cash machines to issue money the crimes committed were...
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u.s.. >> earlier you brought up the federal trade commission and there was a big court decision and whether ortc not it can sue at&t for selected misrepresentations to consumers about unlimited data. fromlessons do you draw court ruling and particularly the loophole involving the time carrier extension? side there istive one less loophole, meaning the clarity as ite relates to whether or not there , there is a mix of a common carrier or non-common carrier. there was some clarity given there. me iss still troubling to that the ftc is still not the expert agency, it is still not the agency that has any background of when it comes to a common carrier or net neutrality regulation. it does not answer or comment to play unless harm is done and prove unfairn legislative practices. those are very high hurdles to beable to realize or to looked to afford to bring to the ftc. >> watch the communicators on c-span2. >> this weekend, american history tv is joining our vine broadband partners to showcase the history of shawnee oklahoma. the citiesre about on our current tour, visit c-span.org/cities tour.
u.s.. >> earlier you brought up the federal trade commission and there was a big court decision and whether ortc not it can sue at&t for selected misrepresentations to consumers about unlimited data. fromlessons do you draw court ruling and particularly the loophole involving the time carrier extension? side there istive one less loophole, meaning the clarity as ite relates to whether or not there , there is a mix of a common carrier or non-common carrier. there was some clarity given...
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and there's been another development in this story a reports of emerge that the federal trade commission in the u.s is investigating facebook in connection with the matter well for more on the story i'm joined by my colleague editor michelle stockman michelle how significant is this latest development regarding the possible f.t.c. probe well i think the report that we just watched hit the nail on the question that many people are asking should facebook be more regulated and so we're having reports coming in that the federal trade commission which is a consumer and competition watchdog in the u.s. is opening an investigation into facebook to see if it breached a prior agreement that had reached with the company over whether facebook had deceived users about privacy before and this investigate could result in with a huge fine we're talking forty thousand dollars per violation and this kind of fifty million users were affected of yeah we need a calculator here and this is massive and then we're looking at this coming on the heels of u.k. and u.s. lawmakers calling mark zuckerberg and saying you need t
and there's been another development in this story a reports of emerge that the federal trade commission in the u.s is investigating facebook in connection with the matter well for more on the story i'm joined by my colleague editor michelle stockman michelle how significant is this latest development regarding the possible f.t.c. probe well i think the report that we just watched hit the nail on the question that many people are asking should facebook be more regulated and so we're having...
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u.s. >> earlier you brought up the federal trade commission, this week there was a court decision involvingheir authority and whether or not he can sue at&t for the a legend -- alleged misrepresentation to consumers about unlimited data. what lessons do you draw from that court ruling, and particularly the loophole involving the kerry exception -- carrier exception? ison a positive side, there one less loophole, meaning that the court gave clarity as it relates to whether or not there is authority under the -- wh carrierere is a common or not, so there was clarity given, but what is also clear, what is still troubling, that the expertstill not agency, it still is not the agency that has any background when it comes to common carrier or net neutrality regulation. the ftc is still the agency that does not answer or come into play unless harm is done and unless you can prove unfair or deceptive practices. those are very high hurdles for security systems to be able to realize or be able to bring to the ftc. announcer: watch "the communicators" tonight at 8:00 p.m. eastern on c-span two. -- on c
u.s. >> earlier you brought up the federal trade commission, this week there was a court decision involvingheir authority and whether or not he can sue at&t for the a legend -- alleged misrepresentation to consumers about unlimited data. what lessons do you draw from that court ruling, and particularly the loophole involving the kerry exception -- carrier exception? ison a positive side, there one less loophole, meaning that the court gave clarity as it relates to whether or not there...
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u.s. presidential vote the federal trade commission's probe raises the threat of billions of dollars in penalties for facebook. entrepreneur and sort of mental cutty smith joins us now from washington. facebook has done nothing wrong here i mean what did we think facebook was doing with our danger of not sharing it with third parties to talk at us. i am pretty sure that most people were not thinking. that they're actually actively sharing their data they were intrigued to play funny games or two polls on facebook and really engaged there's also peer pressure so you at facebook you can always see that many of your friends have already participated so it's really easy to forget that you're actually actively sharing your data at all times when you upload things or when you click on things that facebook right and i was that in the s.c.c. findings from facebook apparently who was quite a bit to them each of us facebook users was worth twenty dollars to the company last year now the storm clouds of regulation a gathering what could they do to please the likes of the f.t.c. and the e.u. . i think they h
u.s. presidential vote the federal trade commission's probe raises the threat of billions of dollars in penalties for facebook. entrepreneur and sort of mental cutty smith joins us now from washington. facebook has done nothing wrong here i mean what did we think facebook was doing with our danger of not sharing it with third parties to talk at us. i am pretty sure that most people were not thinking. that they're actually actively sharing their data they were intrigued to play funny games or...
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u.s. presidential vote the federal trade commission's probe raises the threat of billions of dollars in penalties for facebook. impending diesel bans in german cities could shift to the problem of evolution to other countries and that is because many german diesel own us selling their old vehicles to used cars d.l.'s then resell them particularly in eastern europe and experts fear that even african countries may soon experience rising diesel pollution a second hand to german cars find their way south across the mediterranean. smog in poland it's not just the coal heating that sends large amounts of microscopic pollution particles into the atmosphere many cars in eastern europe are older diesels in germany on the other hand there are strict emissions limits it's possible that soon only new diesel cars will be allowed in german cities many car owners are selling their older diesel is now just secondhand dealers they're not willing to let cars that still hold a significant resale value get scrapped their then. sold on through partners in eastern europe. the number of exported used diesels climbed fr
u.s. presidential vote the federal trade commission's probe raises the threat of billions of dollars in penalties for facebook. impending diesel bans in german cities could shift to the problem of evolution to other countries and that is because many german diesel own us selling their old vehicles to used cars d.l.'s then resell them particularly in eastern europe and experts fear that even african countries may soon experience rising diesel pollution a second hand to german cars find their way...
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u.s. she is interviewed by a technology reporter for politico. >> you brought up the federal trade commission, and this week there was a big decision involving the ftc's authority and whether or not it can sue at&t for its alleged misrepresentation to consumers about unlimited data. what lessons do you draw from that court ruling, and particularly about this loophole involving the common carrier -- >> on the positive side, there are, is one less loophole, meaning the court gave some clarity as it relates to whether or not there is authority under, whether there is a mix of common orrier or non-common carrier not, so there was some clarity is alsoeir, but what clear and what is still troubling to me is the ftc is still not the expert agency. it is still not the agency that has any background when it comes to common carrier or net neutrality regulation. the sec is still the agency that is still thefcc agency that does that. those are high >> watch the communicators on c-span two. next, on american history tv, we learn about muslim and arab culture in detroit. sally,, center for arab american st
u.s. she is interviewed by a technology reporter for politico. >> you brought up the federal trade commission, and this week there was a big decision involving the ftc's authority and whether or not it can sue at&t for its alleged misrepresentation to consumers about unlimited data. what lessons do you draw from that court ruling, and particularly about this loophole involving the common carrier -- >> on the positive side, there are, is one less loophole, meaning the court gave...
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u.s. she is interviewed by brian fung. earlier you brought up the federal trade commission, and this week there was a big court decision involving the ftc's authority and whether not a -- and whether or not it can sue at&t. draw fromns do you that court ruling, it and particularly about this loophole? >> i try to start things out on a positive side. there is one must loophole, claritythe court gave as it relates to whether or not there is authority, whether there is a mix of common carrier or not. there was clarity there. what isalso clear is still troubling to me, that the ftc is still not the expert agency. it still is not the agency that has any background of when it comes to a common carrier or net neutrality regulation. the agency still does not answer or come into play unless a harm is done and unless you can prove unfair or deceptive practices. .hose are very high furloughs communicators, monday night at 8:00 eastern on c-span two. >> behind me and the shawnee milling company. it is one of two locally owned businesses that have been open -- that have been in operation for over 100 years. come with us as we visit these two
u.s. she is interviewed by brian fung. earlier you brought up the federal trade commission, and this week there was a big court decision involving the ftc's authority and whether not a -- and whether or not it can sue at&t. draw fromns do you that court ruling, it and particularly about this loophole? >> i try to start things out on a positive side. there is one must loophole, claritythe court gave as it relates to whether or not there is authority, whether there is a mix of common...
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u.s. is probably with the federal trade commission where the facebook is already operating under a consent decree so in this case if the federal trade commission were to find that facebook did violate that consent decree they could have to pay a lot of money because it's or incidents and there would be lots and lots of incident you know typically the fines aren't usually the biggest thing that impact the company usually it's changes in behavior that have the biggest impact but certainly fines could be significant if in fact ultimately that were the finding of regulators and what about users and well general public all over the world we've seen this extend well beyond the u.k. in the u.s. what can be done in terms of regulation both nationally and globally to prevent wrongful exploitation of users data. certainly i mean there could be new rules or legislation about how the data can be used i think facebook would be quick to bring up the fact that they did have rules and what happened with cambridge analytic was the company violated their rules obviously there could be more explicit user per
u.s. is probably with the federal trade commission where the facebook is already operating under a consent decree so in this case if the federal trade commission were to find that facebook did violate that consent decree they could have to pay a lot of money because it's or incidents and there would be lots and lots of incident you know typically the fines aren't usually the biggest thing that impact the company usually it's changes in behavior that have the biggest impact but certainly fines...
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u.s. she's interviewed by a tech told a reporter for politico. >> you brought up the federal trade commission this week there was a big court decision involving the authority and whether not it can sue at&t for its own legend misrepresentation to consumers about unlimited data. what lessons do you draw from that court ruling, and particularly through the loophole involving the common carrier exception? >> so i tried to start things off positively. on the positive side, that is one less loophole, meaning that the court case some clarity as it relates to whether or not there is authority, a mix of common carrier or not. there were was some clarity gin there. but what is also clear is why still troubling to me, that the ftc is still not the expert agency. it still is that the agency that has any background of when it comes to a common carrier or net neutrality regulation. the fcc's to the agency that does not answer or come into play and less harm is done and unless you can prove unfair or deceptive practices. those are very high hurdles for mignon clyburn security systems to be able to realize
u.s. she's interviewed by a tech told a reporter for politico. >> you brought up the federal trade commission this week there was a big court decision involving the authority and whether not it can sue at&t for its own legend misrepresentation to consumers about unlimited data. what lessons do you draw from that court ruling, and particularly through the loophole involving the common carrier exception? >> so i tried to start things off positively. on the positive side, that is...
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u.s.. she is interviewed by find fun. the technology reporter for politico. >> earlier you brought up the federal trade commission and this week there was a big court decision involving the authority and whether or not they can to at&t for its alleged misrepresentations about unlimited data. what lessons do you draw from that court ruling in particular throughout this loophole involving the common carrier exemption? >> i started trying to start things off positively. there is one less loophole, meaning that the >> this is not the agency that has any background comes to common carrier or net neutrality regulation. the fcc is still the agency that does not answer or come into play unless the harm is done and unless you can prove on there or deceptive practices. those are very high hurdles for the security systems to be able to realize for ford these. >> watch the communicators monday night at 8:00 eastern on c-span two. >> was a morning, we are live at phoenix, arizona for the next up on the c-span bus 50 capital store, the secretary of state michelle reagan will be the guest on the bus during the washington journal startin
u.s.. she is interviewed by find fun. the technology reporter for politico. >> earlier you brought up the federal trade commission and this week there was a big court decision involving the authority and whether or not they can to at&t for its alleged misrepresentations about unlimited data. what lessons do you draw from that court ruling in particular throughout this loophole involving the common carrier exemption? >> i started trying to start things off positively. there is...
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u.s. she's interviewed by the technology reporter for "politico." >> earlier, you brought up the federal trade commission, and this week, there was a big court decision involving the fcc's authority in whether or not it can sue at&t for its alleged misrepresentation to consumers about unlimited data. what lessons do you draw from that court ruling and particularly about the loophole involving the common carrier exception? >> i try to start things positively on the positive side. there is a one less loophole, meaning, you know, the court gave some clarity as it relates to whether or not there is authority -- where's there's a mix of commentary or not, so there was some clarity given there, but what is also clear is what is so troubling to me, that the fcc is still not the expert agency or the agency that has any background when it comes to a common carrier or net neutrality regulation. the fcc is still the agency that does not answer or come into play unless a harm is done and unless you can prove unfair or deceptive practices. those are very high hurdles for clyburn security systems to be able to realize
u.s. she's interviewed by the technology reporter for "politico." >> earlier, you brought up the federal trade commission, and this week, there was a big court decision involving the fcc's authority in whether or not it can sue at&t for its alleged misrepresentation to consumers about unlimited data. what lessons do you draw from that court ruling and particularly about the loophole involving the common carrier exception? >> i try to start things positively on the...
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and then of course there is the investigations that continue to move forward the federal trade commission here in the u.s. is investigating as well as two attorneys generals in the state of new york and massachusetts not to mention the u.s. congress many members saying that they were himself should appear in person to testify and there are summons from british parliament to do the same elizabeth and heidi how will all of this playing out with the trumpet ministration is putting any pressure on them given cambridge analytical is now suspended c.e.o.'s claims that you know they played this played a role in the election of donald trump as president. right and donald trump is still trying to keep this as an arm's length as far as possible so he himself has not directly addressed this however it's up to it's a matter of time and if the mall or investigation the independent counsel will be probing this as well in his overarching investigation of whether the trump campaign colluded with russia or and heidi thank you very much for that that is. joining us live from washington d.c. thank you. we're going to move
and then of course there is the investigations that continue to move forward the federal trade commission here in the u.s. is investigating as well as two attorneys generals in the state of new york and massachusetts not to mention the u.s. congress many members saying that they were himself should appear in person to testify and there are summons from british parliament to do the same elizabeth and heidi how will all of this playing out with the trumpet ministration is putting any pressure on...
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u.s. stocks for facebook however that's just the beginning there are now investigations that are unfolding the federal trade commission says it wants to look into facebook as well as at least three state attorney generals in the u.s. congress itself as well as the british parliament have both said they want. to testify in person which is a move that he has continually resisted so that's what congress is saying heidi but we've heard from in this interview he's saying that he will. appear before congress if it's the right thing to do. that's right he was very vague about that he defended his decision to have not appeared thus far saying that there were experts within the company that facebook does send representatives you know to these commissions who have more detailed knowledge about the specific topics being discussed he did say that if it's determined at some point that he is the right person representing facebook to speak that he will do so but it was no promise under any certain terms it is also notable that. the role that cameras and played in helping donald trump when the two thousand and sixteen election now th
u.s. stocks for facebook however that's just the beginning there are now investigations that are unfolding the federal trade commission says it wants to look into facebook as well as at least three state attorney generals in the u.s. congress itself as well as the british parliament have both said they want. to testify in person which is a move that he has continually resisted so that's what congress is saying heidi but we've heard from in this interview he's saying that he will. appear before...