[applause] >> so now who has unfriended anybody? my advice on twitter if they are dealing with vitriol do not block them. mute them but don't block them because now they know they have been blocked that is what they want to take a screenshot to disseminate that. if you never listen to m them again and never asked. >> that's good advice. >> we are treated about that many times urging people. >> i think the real causal factor of the mess we are i in investing in enormously wealthy countries having the wealth transferred to the privateiv sector with massive inequality and there is reason from the anger and then giving millions and millions to the wealthy with citizens united with money in politics. this is a causal factor of the situation we are in and a meritocracy some of the wealth is now hereditary but is that not a foundational reason why you have people so angry today? even those who voted or did not when people do not see any answers and so many people didn't like with the previous government was doing or the trade deal so well

action," time to take a look back on one of the winning trades twoçóweeks ago it was said toi unfriend onpi"options action,"xdit'w risk less so we canxdmakeÑ mo. and that's?exactly whatx thi with their bet on facebook 9 t ditch the social mediao giant. >> take the money off the table. >>o hmm just shorting the stock could lead to socialasuicide.Ñ >> no!q >>> so to make a bearish bet, mike instead sold it for $5.70 now, to keep all that money, mike needs facebook shares to stay below that 185 strike price. above that, profits will trail off. but mike won't see losses until facebook rises above that by more than the f$5.70xdhe colld or aboveÑ $190.70 there is a trade off e)á&x.te losses. he has this. so to limit his risk, he then bought the april 195 call for $1.90 and created his bearÑ ca spread collected and the $1.90 he spent on buying the higher call. he gets to pocket $3.80 on ths+ cents. that is the most mike can make on thexnç trade and to keep all of it, hee1 nee facebook to stay below thex 180 call by april expiration above that he starts to see losses

a recent security breach has some thinking of unfriending facebook over what they say is a not so friendlyractice by the company. nbc is live outside of facebook headquarters. >> reporter: tonight still nothing from ceo mark zucker burg publicly about the frustration surrounding his company, though many users tell us they plan on changing their settings or walking away all together. to delete your facebook profile, tonight this one from the co-founder of what's that. who sold his company to facebook. >> the problem right now today is that the senior leadership at facebook has been silent. >> peter young is a new media technology professor at san jose state. he said there are ways to minimize your personal data on facebook without giving it up completely. like opting out of personalized advertising in the privacy settings, turning geo off so facebook can't track where posts are made. >> if word gets out you can stay but you can also clean up your own presence, i don't think facebook is going to lose a lot of people . >> but many are questioning if alternatives like twitter instagram or any

two weeks ago, cohen carter said it was time to unfriend facebook that worked out pretty well. >> onoptions action," it's how we maintain our social status. risk less so we can make more. and that's exactly what khouw and carter did with their bet on facebook carter thought it might be time to ditch the social media giant. >> i am a seller of facebook here if you are long and got great gains take your money off the table. >> hmm, mike thought carter is my ride or die but just shorting the stock could lead to social suicide >> no! >> so to make a bearish bet mike instead sold the april 185 call for 5.70 now to keep all that money mike needs facebook shares to stay below that 185 strike price. mike won't see losses until facebook rises above that call by more than the.a5.70 he collected or 180.70 by expiration remember, there is a trade-off because above that 190.70, mike is still subject to internet losses >> you have no friends >> relax, mike has this covered. so, to limit his risk, he then bought the april 195 call for 1.90 and created his bear call spread now between the 5.70 he co

two weeks ago, khouw and carter said it was time to unfriend facebook, and that worked out pretty wellnnouncer: on "options action," it's how we maintain our social status -- risk less so we can make more. and that's exactly what khouw and carter did with their bearish bet on facebook. carter thought it might be time to ditch the social media giant. >> i'm a seller of facebook here if you're long and got great gains, take your money off the table. >> announcer: hmm, mike thought. carter's my ride-or-die, but just shorting the stock could lead to social suicide >> ah! >> announcer: so, to make a bearish bet, mike instead sold the april $185 call for $5.75. now to keep all that money, mike needs facebook shares to stay below the $185 strike price. above that, prooffits will trai off, but mike won't see losses until facebook rises above that call by more than the $5.70 he collected or above $190.70 by april expiration but remember, there is a trade-off, because above that $190.70, mike is still subject to infinite losses. >> you have no friends >> announcer: relax! mike has this covered.

i forwarded something my daughter like unfriended me. i called her and i said listen. this is what i was trying to say. i didn't. i just put in a clip. i lied about me learning that. >> because we're more reticent. has there been any studies that said a we now read differently. in the old days we learn empathy by reading novels. but are we not as good as we used to be as readers that is as a comp located question. we are not as good readers meaning that we don't have an attention span for reading the way we used to. and if you look at the amount like how much of an article the actual person actually reads before they click away to another link or how long a book is from an unestablished author. that people well actually read to the end we do not read as much as we used to. but we have also we've also found that the number one way to teach people critical thinking and reading and how to speak while this read to them. you can learn about the. the number one most effective date. this is important. and they've been on the decline now for 30 years. most of that has been the

waste and there are things that he does not like that he will not leave the military and troops unfriendede has been. >> so he got everything he wanted on the military. >> it is historic funding for the military but it is a disappointment you have to start somewhere. there is a great deal that he does like that military funding is the first pay raise in a long time but at the same time the president listed out many like 6 million for opioid funding so you can focus on the negative or the positive be long -- tee7 how does he change the dynamics will they ever vote for the border ball? the magsafear attended the dreamers were backup at where are they now? he said i won't even take care of the 600,000 i want all 1.8 million but they disappeared and they scattered like cockroaches with light so where are they? where are they to help these people they pretend they are trying too help? i agree maybe they just wanted to be a political point. >> that he remains consistent with the immigration policy with the wall because we have to keep people coming into our country illegally to stay here and als

will this be the time when everyone unfriends facebook? if not now, when? kat timpf is here and jamel green is here. every successful presidential campaign since president trump in 2008 has used social media to their advantage. and they all use these psycho analytic tools and outside companies to figure out who their voters are, target them, and save money. why is this different? >> i don't think this is different. i think we are seeing something being revealed that has been there all along. whether it's facebook or twitter. there is nefarious activity happening on their platforms. i believe the companies have known about them for quite some time. and they have put profit above corporate responsibility. this is what democrats were calling for after the 2016 elections. it is about the social media platforms, and it's how to protect our democracy moving forward. kennedy: the nice thing about this. this is not republican or democrat. this is the wild west. everyone is trying to be the one at the saloon that gets their hands on the trigger first. >> i called a

tonight, facebook unfriended. plus, stephen welcomes hillary swank thomas middleditch and comedian rory albanese featuring jon batiste and stay human. and now, live on tape from the ed sullivan theater in new york city, it's stephen colbert! captioning sponsored by cbs ( cheers and applause ) >> stephen: thanks! hey, everybody! organization eoh, my gosh. oh, my goodness. ing with, welcome, welcome, to "the late show." i'm your host, stephen colbert. happy first dave spring. congratulations, you made it to a blizzard tomorrow, i think, in new york? oh, hey, does anybody here use facebook? ( cheers ) still? ( laughter ) because the company is reeling from revelations that they allowed the private information of 50 million americans to be harvested by the trump campaign's consulting firm cambridge analytica. cambridge analytica, by the way ( booing ) yeah, i know. cambridge analytica, by the way, also the scientific name for john oliver. ( laughter ) now, if you're classifying him. stick him on i pain in your collect

the multiplication of technology, talking about text messages or forwarding stuff, my daughter unfriended me. i called her and said listen, this is what i was trying to say. the human voice brought it all, i apologize. >> there are questions. why would i change it? i did it. i didn't. i just put it in a clip. i lied about me learning that. >> because we are more reticent to communicate in conversation, making people more reliant on text messaging, any studies that say we now read differently? in the old days you use to learn empathy by reading novels. >> you still do. >> are we not as good as we used to be as readers? >> that is a complicated question. and we have an attention span for reading the way we used to and how much of an article a person reads before they click away to another link or how long a book is for men unestablished author, people will read to the end. we do not read as much as we used to. we have also found the number one way to teach people critical thinking, reading, is to read to them. the benefits we get from reading have not changed and it is still true you can le

friendship is how many friends do you have on facebook, i have 950, how many do you have, 1250 and i unfriended someone yesterday, 1249. and so we -- i think we have lost the traditional notion of friendship, you think about heracio and hamlet. he was being hyperbolic where one true friend is worth a hundred relatives, that can't be true. but it's a book principally about friendship. most unlikely friendship. there were impediments, there were obstacles to the friendship, some of them natural obstacles and some artificial obstacles. some of the highest people in justice scalia's life were suspicious of why he wanted to spend so much time with an apostate unbeliever. some of the new yorkers in justice scalia's life were puzzled by this interloping texan and some of the legal scholars in justice scalia's life thought i came to realize later and i -- i'm glad i didn't even know this stuff, i think for the most part during his life, but some legal scholars were thinking, you can write a book with anybody, why are you writing a book with garner. you can write a book with me, so the -- they were thos

how many of you have unfriended someone over the last year or so? i think were all in the vote. [laughter] there's a way to dealing with social media that a responsible and helpful and i did of battle once with one guy and i stopped and thought this is madness and we have to realize we can encourage this craziness participate. >> how to the noise and all of the attention is on the 30% of the base and how does the rest of the 70% get the noise and the attention? [applause] would like to take that one? charlie. >> it's an interesting question and probably the answer why there is so much attention is trying to figure out what we're thinking. honestly, i wrestle with it. i wrote my book in order to figure out what the hell just happened here and who basically woke up and said they looked at donald trump and said let's make him the commander-in-chief and let's make him the role model in chief and let's make him the role model and what you want? i think it is part of this processing through what will it take to break the deal. if he does this because were trying to find out about our

i unfriended someone yesterday, 1249. we have lost the traditional notion of friendship. you think about horatio and hamlet for example. that is friendship. not to say that i agree with euripides. he was clearly being hyperbolic when he said one true friend is worth 100 relatives. that can't be true but it is a book principally about friendship. it is a most unlikely friendship. there were impediments, obstacles to the friendship. some of the natural obstacles and some of them artificial obstacles, some of the some of the pious people in justice scalia's life were suspicious of why he wanted to spend so much time with an apostate unbeliever? some of the new yorkers in justice scalia's life were puzzled by this interloper inc. texan. some of the legal scholars in justice scalia's life thought i came to realize later and glad i didn't know this stuff for the most part during his life, some legal scholars were thinking you can write a book with anybody. why are you writing a book with bryan gardner? you can write a book with me? there were these obstacles and then of course

>> thank you very much >>> still to come on "worldwide exchange," advertisers will they start to unfriendsome say it's a big risk to the company and the stock. we'll give you an advertiser's perspective coming up. >>> and we'll show you the single best performing stock in any major index this year. it's probably a company you never heard of it's your rbi of the day "worldwide exchange" will roll on after this. ♪ ♪ my ambition is to find something. ♪ ♪ me. ♪ ♪ ambitions live everywhere. synchrony gives people the buying power and financial tools that help make them happen. ♪ ♪ synchrony. what are you working forward to? synchrony. racing isn't the only and with godaddy, i'm making my ideas real. with godaddy you can get a website to sell online. and it will look good. i made my own way. now it's time to make yours. ♪ everything is working just like it should ♪ >>> "squawk box" is coming up in a couple minutes let's find out what's going on with the show with andrew ross sorkin >> we are taking the pulse of some things today because there's a healthy thing going on are you aware of this? >>

>>> and unfriending facebook we'll talk to a company pulling its ads from the social giant. >>> and ratese backed off from recent highs in financials. is it time to get in ow lch" starts at the top of the hour. "the halftime report" is back after this short break ♪ feel that? that's the beat of global markets, the rhythm of the world. but to us, it's the pace of tomorrow. with ingenuity, technologies, and markets expertise we create the possible. and when you do that, you don't chase the pace of tomorrow. you set it. nasdaq. rewrite tomorrow. i thwell wait. what did you meetthink about her? it's definitely a new idea, but there's no business track record. well, have you seen her work? no. is it good? good? at cognizant, we're helping today's leading banks make better lending decisions with new sources of data- so, multiply that by her followers, speaking engagements, work experience... credit history. that more accurately assess a business' chances of success. this is a good investment. she's a good investment. get ready, because we're helping leading companies see it- and see it through-

. >> reporter: still many say they will not unfriend facebook yet but they will be more careful with their personal data in the future. >> it is not a surprise. if you were paying attention, this is something that is going on with all the social apps. >> reporter: calls for zuckerberg to testify before congress is growing. at least one house committee has sent a formal letter asking for testimony in the near future. in los angeles, fox news. >>> we move from that controversy to the trove of information that faced book is collecting. let's talk about it more with the professor from san jose university. professor, this is an ongoing topic. this new revelation that facebook saved extensive call and text data of android users, is this new? >> well, i mean, to you and i, i think it is new. my guess is not knowing the technical specifics, but it has probably been collected for quite some time. of course, google is the inventor and purveyor of the android operating system, and so i am sure that there was collection going on. how much, we don't know. >> in fact, the company wanted to clarify

we kind of have gone into our separate facebook feeds and unfriended people. go to family gatherings and sometimes politics is such a toxic topic people don't discuss it in the open. they wanted to use the connors as a proxy family for a lot of americans and get a lot of these issues out in the open and have a dialogue and exchange about them today. >> salena patrick healy from the "new york times" has an interview with rose anne barr and he says, was it your idea to back trump? yes, she says, because it's an accurate portrayal of these people and people like them in terms of what they think and how they feel when they are the one who's send their kids over to fight. we've been in wars for a long, long time which everybody seems to forget but working class people don't forget it because the kids, their kids are in it. i imagine this rings true to you. it sounds like what you have heard on the campaign. >> yeah, there tends to be a disproportionate amount of people from middle class or working class families that go off to the military. and they're the ones tha

investors unfriend zuckerberg. it is bound to get worse with the eu unveiling its plan

i forwarded something, my daughter like unfriended me. [laughter] and i called her and i said, listen, this is what i was trying to say. and she said, oh. the human voice brought it all together, so i apologize. >> was there a question? [laughter] >> why would i change it? i didn't. [laughter] i didn't. i just put it in a clip. [laughter] i lied about me learning that. [laughter] >> because we're more reticent to commune be candidate with each other in -- communicate with each other in conversation and that's making people more reliant on texting and so forth, has there within any studies that says we now read differently? >> oh, we do. >> we used to learn empathy by reading novels. >> you still do. >> we not as good as we used to be as readers? >> that's a complicated question. >> thank you. [laughter] >> we are not as good readers, meaning that we don't have an attention span for reading the way we used to. and if you look at the amount, like how much of an article the average person actually reads before they click away to another link

coming up, unfriending facebook. a u.k.ecretly kept information on millions of users that it was not supposed to have anyway. sterling stability. the pound holds above one dollar on and the eu reach of deal brexit. this is bloomberg. ♪ ♪ anna: this is "bloomberg daybreak: europe." we are 40 minutes away from the start of the european equity trading day. nothing tech heavy in the european markets. go to bloomberg business flash with juliette saly. juliette: amazon is in the news. the possibility of expanding its retail footprint by acquiring locations from bankrupt toys "r" us. notonline giant is interested in maintaining the toys "r" us brand, but has considered using the vacant spaces for its own purposes. representatives to amazon and toys "r" us declined to comment. weinstein company, the troubled movie company has filed for bankruptcy with plans to sell its entertainment assets. weinstein will sell to a dallas-based partner. that is your bloomberg business flash. thank you, juliette saly in singapore. let's talk about f

. >>> unfriend. apple's tim cook, calling it too little, too late. >> what would you do? >> what would i do? i wouldn't be in this situation. >> and raising their hands. thousands of teachers across arizona join a growing national teacher movement demanding better pay and funding for their classrooms. >> there are some weeks i wonder how i'm going to feed my children but i love what i do so -- and those kids are my inspiration. >> but we begin today with yet another shake-up. this time at one of the governor's largest and most troubled departments. dr. ronnie jackson's relationship with one man, the president, has helped earn him the responsibility to lead the va staff of more than 300,000 employees and care for millions of our nation's heroes. i've got a fantastic panel to help me break it down. and all the daunting challenges ahead. let me try to fill in some of the details for anyone who may be waking up to this news. former va secretary david shul kin who has been on thin ice with the administration for some time now was officially fired wednesday afternoon. as his re

investors unfriend zuckerberg. it is bound to get worse with the eu unveiling its plan to tax the tech sector. it is jerome powell's first policy meeting. what will the markets learn from the language we are going to get? tariffs andts on the risks of a global trade war. are a risk.iffs what it means for u.s. and china, it is much bigger. once we start putting tariffs in place, the risk of responding and retaliation is very real. what the world does not need is a trade war. manus: -- guy: jack lew speaking to bloomberg lives today. matt miller will be talking to the bmw ceo. --he worried about the matt: i will ask him quite a few questions on that issue and the electric car range. we are a half hour away from the european open. take a look at where futures are indicating. the picture has been mixed. we see ftse futures down .2%. dax futures up .2%. the rest of the markets are pretty much flat. if you take a look at treasuries, we see investors selling off fixed income instruments earlier. we see the u.s. treasury y

plus, billionaire elon musk unfriending facebook. we've got the very latest on the facebook fiasco with an early mentor here to founder mark zuckerberg. we'll get his thoughts on how facebook is handling it. on wall street markets, well, they were searching for direction, but lower at it wraps up, as i say, a very ugly week. the dow, s&p 500 and nasdaq all down for the second week in a row. two of the street's most prominent voices to be here to talk about, bob dole and jpmorgan chase chief economist anthony chan, they'll tell us where they believe the market is headed next. we are less than an hour to the closing bell on this friday. i'm ashley webster in for liz claman, let's start the "countdown." ♪ ashley: as i said, here we go again. on wall street market losses accelerating into the close after what has been another choppy day of trade. the dow hitting session highs of 150 points shortly after president trump's remarks, but since then losing steam with less than an hour, as we say, until the closing bell. the dow off now more t

show and at the tick system is every growth unfriended so you need to reforms along these lines what you do not need are additional spending because italy is already in a very critical situation so what you in the election campaign is very worrying of course you will hope like always that promises of the election campaign are not so not taken seriously later on but only ten percent of these promises are taken see it was then this would be a risk and it's a no you mentioned there are forms that would be necessary but italy's appetite for reforms hasn't been great in the past how likely is that to change i mean we know from experience that a sense of crises is a precondition for reforms i mean yes perceived that the sense of crisis but you're right people are really tired of new and new reforms and there's no eternity of strategy to which voters might turn and as i turn to strategies instead of reforming it to lead it's increasing the pressure on europe to tool to the so with additional money and this is an idea or a very smart idea from intel your perspective and where many are also p

. >>> playboy is the latest to unfriend facebook as the privacy scandal continues to grow.n difficult to expressed values over strict content and policy guidelines and the site data breach was the last straw. 25 million people interact with the facebook page. >>> today is opening day for major league baseball as we have been telling you the oakland a's will be playing the angels at the coliseum. joe fonzi is there now and the a's are getting really -- ready to celebrate their 50th season in oakland. >> reporter: good morning. this is some behind the scenes. we are underneath the coliseum and when the game is over the media comes down and we will wait outside of the clubhouse and then we get the sign it is okay to go with after cooling off. so these guys keep us in line and it is rare when we will get to go in with a camera because it is opening day. thank you very much. we are making a quick turn into this office. this is a very important office because before we get to steve i want to show you some pictures. notice that is the original colonel sanders with steve, he is wit

. >>> and later, unfriending facebook. after a huge data scandal, a wall street selloff has already cost the social network billions in value. will defecting users being the next company crisis? you're watching "cbs this morning saturday." i'm april kennedy and i'm an arborist with pg&e in the sierras. since the onset of the drought, more than 129 million trees have died in california. pg&e prunes and removes over a million trees every year to ensure that hazardous trees can't impact power lines. and since the onset of the drought we've doubled our efforts. i grew up in the forests out in this area and honestly it's heartbreaking to see all these trees dying. what guides me is ensuring that the public is going to be safer and that these forests can be sustained and enjoyed by the community in the future. >>> comedian influenced a whole generation of his peers. ahead we'll hear about his enormous impact detailed in a documentary. >> and we'll talk with famed muppet director. we'll talk about his new film that bring the mupp

she is unfriended sometimes for sharing my videos on fox.nows i started off on the left. i worked for obama on his campaign. i had this enlightenment period, i thought what was best for me and my family. ainsley: what led to that? into reading. i think discovering that that the democrat party wasn't helping my community. some people on the right don't do it as well. i'm mind set holding more accountable. i'm more libertarian leading. i want my best for the community. i don't care what party can get it done, get it done. i feel like the free market system where everyone has a shot at the american dream is best for me and my family. todd: mom. he is in d.c. not with you in dallas. what is that like? >> he is the oldest. he always set the standard high. what we like about that is that we all get to travel a little bit more. you know. ainsley: i know you're going to miss him. i know you're so proud of him. >> i'm so proud of him. he is in his element. this is his family. ainsley: so successful you had him very young. >> 16. ainsley: that was str

manufacturing anything, we have these countries come against us and about the only thing we can do is unfriendon facebook we have to be able to make things in the united states to be viable. that's the key issue. >> the other argument might be a losing one because maybe more people in other industries are affected by this negatively, millions of people theoretically instead of the 140,000 in the steel industry, but when you make that point that, you know, even if it does automate, we should have the automate factories here, we shouldn't be having the automated factories somewhere else. >> i'd contend that every country needs a strong commodities base you can't have other people take care of you. you can't outsource your ability to take care of yourself if you're doing that, you're dependent upon others. this is foundational to the united states of america and we have to win this. >> sorry, mr. burritt. secretary wilbur, we spoke with m and they said that the tariffs don't directly attack china. this puts us against countries that are our allies. greg ipps says the same thing in the wall street