george stephanopoulos and mark zuckerberg one-on-one. with the first presidential primaries less than a year away is the tech giant ready? >> some of the most advanced systems of any company or government in the world for preventing the tactics russia and now other countries as well have tried copying what russia did in 2016. the reality is there's not a single thing that we can do and say, all right, we paceo now thy to interfere. to happen again? >> what i can guarantee is they're definitely going to try. >> reporter: coming up at 7:00 a.m., zuckerberg weighs in on everything from the new zealand shooting to screen time for children. >>> also new this morning, another hint the mayor of south bend, indiana, will announce his presidential campaign soon. >> he spoke in an exclusive interview also on "gma." >> making a big announcement, the kind of announcement you only get to make once. >> you're not going to make it here? >> i'm looking to gather as many people as want to be part of it in south bend. >> the mayor released this teaser vid

mark zuckerberg calling for stronger internet regulation from the government. >>> a man behind bars tonight in columbia. accused of paying for sexual acts with teens. >> the victims as young as 13. thomas renno was from fairfax . we have reaction from those that knew him. >> reporter: fairfax is a small community. thomas renno raised two of his kids here. those who knew him said it does not add up and sound like the man they know. >> i saw him three weeks ago. and he was walking down and i said, you look familiar. i who you are. >> reporter: he has three daughters. one that was friends with one of his children. he was shocked to hear the news of thomas renno being arrested at the airport . officers with the police department in columbia handcuffed him and took him into custody on thursday. he faces charges of aggravated crimes of commercial exploitation, pornphe mass a sexual ti acrdg a news rease in columbia, there were at least five victims between the ages of 13 up to 17. investigators say used facebook to contact his victims and offered the girls $100 for sexual favors. he is also suspe

mark zuckerberg's plan. one lawmaker saying row number five should be mark zuckerberg does not get to make the rules anymore. facebook is under criminal and civil investigations. it has shown it cannot regulate itself. fair, he is not saying facebook should regulate itself. he is saying facebook cannot regulate itself. selena: i think the criticism is doesn't it amount to any more than a glorified public relations document that is trying to punt off the blame onto the government and shield itself from any future criticism? talking about these regulations are run harmful content, this is beneficial to facebook because inevitably, mistakes will happen and when they do happen, they can say we were following the line. the other issue is around things like global complex regulatory regime. something like gdpr has been argued that it actually helps the larger players more than smaller players because it is cumbersome for a small company to have to comply with these rules. and by making this a global standard, it c

mark zuckerberg, steve jobs, bill gates? are they derivative? >> i had the great privilege, that is the only word you can use, paul baron is the man who developed the concept of digital packets. that is at the heart of everything we do today on the internet. i begin the book by talking about paul baron and the development of digital packets. the interesting thing is that what paul did was to pick up on some ideas gutenberg had. and to rake the connection into its smallest parts, send it out over a distributed network and reassemble it like gutenberg said, let's break the page down into its smallest part, the letter and then reassemble that. and so there is a history of these kinds of ideas repeating themselves and i found that terribly fascinating. >> host: you talk about something i never heard of from iowa 1937. john vincent -- >> tennyson. an amazing professor at iowa state university who developed, the digital computer, as the world was trying to figure out how this computing idea and the story. i will not preempt it because i want your view

zuckerberg made the call from global regulation from a facebook post., i believe we need a more active role for governments and regulators. by updating the rules on the internet, we can those are what is good about it. protecting society from water -- broader harms. on monday, we talked with bloomberg selina wang and a guest from the open markets institute who had also served on the antitrust bureau of new york. >> the sentiment here is that mark zuckerberg is trying to get in front of any rules or regulations that come, and it is really in facebook's self interest to have a strong voice in this discourse. whatever comes, it will have a big impact on facebook. he is calling for new global internet regime. he touches on four key areas, harmful content, terrorist content, abusive content, he talks about election integrity, that covers political advertising, he talks about gdpr tast -- to be spread around the world, and data portability, allowing users to freely take information from one network to another. emily: sally, is this something that you or the o

take a listen. >> i think it's very far from the grand manifesto zuckerberg had.wrote about that on facebook, twitter declined to comment. he does say that regulation as a whole is a positive thing and that gdpr has been beneficial. he also admits that twitter's terms of service is notoriously difficult to read and that it has brought some clarity about how twitter gathers data and how it is used. i think it is also worth mentioning that twitter has less of an incentive to play a strong role in the discourse around regulation. it's in their benefit to let facebook take the heat and any regulation that eventually comes is going to impact a giant like facebook and google much more than a much smaller platform like twitter. emily: i wonder if some of these tech ceos are simply tired of being blamed for all of these problems and would like to shift the responsibility to somebody else. selina: there is an interesting situation here where you have the ceos going out and trying to improve the messaging around the company, the other end of the day we have see the results

in his note, zuckerberg didn't address how long it will make these changes zuckerberg says facebook shows they can evolve. coming up at 10:00, reporting live, abc 7 news. >> anser, thank you. >>> in the east bay, they are demanding answers after a loved one was killed in a shooting spree that killed three lives. the man was captured in nevada, stephon jefferson apologized yesterd yesterday. >> i apologize to the city. with the fiasco involving me. >> jefferson is also accused of shooting a deputy sheriff in south lake tahoe friday. the family of calvin kelly says no apology is enough. kelly died after being shot in berkeley's people's park. >> so why him? why would you just come up to him and shoot him like this? why? i wants to know why. who can tell me why? you know, it's senseless. >> investigators believe jefferson killed laron davis and marcus jackson in oakland. >> the man accused of shooting four people in a synagogue is due in court today, police say he killed one person and hurt three others at the chabad of poway synagogue in saturday. it happened on saturday. yesterday his pare

and mark zuckerberg asking washington to regulate facebook.hair will tell us what steps he thinks the government could take. "closing bell" starts right now. ♪ >>> welcome to

zuckerberg. >> we looked at this, and we have to be careful. what we understand is you have the problems and many of this -- many of us have looked at it and what i am fearful of his we have to make sure we're not fixing our itch right this second print to many times in congress we go down this path and let's fix the itch and not thinking about what it looks like five to 10 years down the line. i am glad they are coming to the table. these are discussions that need to be had. these are not small startups and their dominant players and they have made billions of dollars and they have a lot of good lawyers and they understand this. in them coming to the table is good but if we scratch the itch that makes us feel good now, we are going to miss the bigger picture and we will be dealing with bigger problems down the line. >> let's leave mark zuckerberg alone and i would be negligent if i did not ask you about the robert mueller report. your committee voted yesterday to authorize subpoenas to get the robert mueller full report. what comes next? how f

it is very far from the grand manifesto zuckerberg had.rote about that on facebook regulation, twitter declined to comment. you don't hear dorsey specifically addressing the four points laid out, but he does say regulation as a whole is a positive thing, and gdpr has been beneficial. he also admits that twitter's terms of service are notoriously difficult to read, and that has brought forth how it is used. i think it's worth mentioning that twitter has less of an incentive to play a strong role in the discourse around regulation. it's in their benefit to let facebook set the tone, to let facebook take the heat and any regulation that eventually comes will impact facebook and google much more than a smaller platform like twitter. emily: i wonder if some of these tech ceos are tired of being blamed for all of these problems, and would like to shift the responsibility to somebody else. an interestingas situation, where he had the ceos who go out and try to improve the public relations or messaging around the company, but at the end of the day

zuckerberg,. [applause] >> doug: in playing off that, we look at this and we have to be careful here. we build strong men to tear down. and i think when we understand this you is the problems and which many of us have looked at and say how do you effect this in the economy, but what i'm fearful of, and for many of us here today. we have to make sure we're not fixing our it's right this second. too many times in congress we go down the path, lets fix the itch we see right now without looking at what does it look like five or ten years down the line. if we understand this i'm glad they're coming to the table. these are all discussions that need to be had. these are not small start-ups anymore. these are dominant players in the marketplace, they make a lot of money, good lawyers, they understand this. them coming to the table in the process is good but if we simply scratch the itch that makes us feel good now we'll miss the bigger picture, and deal with more problems down the line. >> host: let's get

i do think they should take their cues from mark zuckerberg.re are other things that could open up competition much more effectively than what he proposes. measure,ink this half he knows they are not going to be effective. gdp are has not been effective. he is proposing things that he knows what fix the problem or require facebook to change the way it does is this and it won't affect their profitability. it just won't work. regulators need to get involved, they don't need to take advice from mark zuckerberg. emily: what will fix the problem? it's a big way to allow entry into competition that would be things like your verizon wireless phone can communicate with an at&t phone. allowing communication between networks that allow competition to open up. if i take my data, where will i take it? i need to be were all of my friends are. competitors inp a secure way is another proposal that's been made. integration ofe what that instagram and messenger should be prohibited by the ftc. that should be unwound. mentioned civil and criminal investigations.

topics and zuckerberg gets personal. he spoke to george stephanopoulos about his own children and screen time. >> i have two girls. do you worry about your kids? >> i think what they're using them for. to interact and connect with other people. that's great. one of the things i'm mindful of is to make sure the services we're building help to zone out. >> you can hear what he tells george stephanopolous. >>> we're examining issues that matter most to you and for a lot of folks that includes homelessness. san francisco mayor london breed is proposing one solution. a homeless navigation center with 225 beds and services on prime real estate. it's a parking lot along the embarcader community meeting last night. here's abc 7 news reporter kate larsen. >> do you want me to talk or do you want to yell? >> reporter: mayor london breed clapped back at a crowd critical of her proposed homeless navigation center. >> what i am trying to do is to address as the biggest challenge we have in this city. so on the one hand you can't be u

at zuckerberg san francisco general hospital. you have in front of you a resolution of your commitment to trauma care. this is very similar, if not exactly the same to resolutions that you approved in 2016 and in 2013. this resolution simply states that you support us, the s.f.g. as a regional one level trauma center and maintains your commitment to providing services in accordance with the rules. this comes in advance of an american college of surgeons' validation survey that we have every three years. this is a voluntary certification process that we go through. we are, of course, also approved by the e.m.s. agency and through cdph and title 22. what the a.c.s. survey does is it holds us to the highest standards of quality, around providing trauma services. so we do go through that every three years and this is upcoming in the next couple of months. this resolution is part of what they expect to see in that survey. >> and commissioners, the j.c.c. reviewed this and recommended this for approval at its march 26th meeting. >> yes

that's mark zuckerberg is calling for it.need to get to this chance, what exactly is facebook doing about it. you know the reason we know this guy, we're going to find out. you're watching "velshi & ruhle." duncan just protected his family with a $500,000 life insurance policy. how much do you think it cost him? $100 a month? $75? $50? actually, duncan got his $500,000 for under $28 a month. less than a dollar a day. his secret? selectquote. in just minutes, a selectquote agent will comparison shop nearly a dozen highly-rated life insurance companies, and give you a choice of your five best rates. duncan's wife cassie got a $750,000 policy for under $23 a month. give your family the security it needs at a price you can afford. ruhle." facebook founder and ceo mark zuckerberg is now coming out in favor of stronger government regulation of the internet. >> in an op-ed published this weekend, zuckerberg called for governments to play a greater role in regulating four specific areas, harmful content, election integrity, privacy a

with spokes at laguna, zuckerberg and san francisco general and ambulatory. we plan to provide four weeks of 24/7 support. i hope that answered your questions you had, commissioner green. >> i'm the chief information officer for the health department. i'll give you a very high level update on how we're organizing the project from the perspective of a business project not an i.t. project. these are the domain groups we have stood up over the past year. they're essentially haired by some of the most senior leaders in our organization including senior directors. spa they're supported by a project manager either an internal d.p.h. manager or external consultant. these bodies of the groups that includes frontline staff managers, champions that have participated and informed the adoption decisions and build decisions that we proceeded on and they're looking at how to get the organization ready and staff and training and super users are identified and ready to support the work in the next three months. this was the simplest way to organize a complex slide. i was try

it put zuckerberg on the hot seat on capitol hill. >> it was my mistake and i'm sorry. i started facebook, i run it and at the end of the day i'm responsible for what happens here. >> reporter: still, some say facebook's past attempts to trade and sell user data raise more questions. >>> the opening bell there of the new york stock exchange right now the dow is up 39 points and a lot of investors are talking these days. stock rate is higher today as corporate earning season kicks into full gear. now that april 15th is in the rear view, we're getting insight into three big bay area companies who didn't have to sell out anything to uncle sam. according to the report published in mercury news, chevron, netflix and sales force paid no patrol income taxes in 2018. chevron and netflix together got more than $200 million in tax rebates. companies can either cash those rebates in or ply it to future taxes. the report says the companies are not doing anything illegal just taking advantage of business tax breaks. >>> san francisco rideshare company lyft today launched new safety

. >>> plus, mark zuckerberg takes the stage to talk privacy. how does he plan to shift facebook's service and we work joins the ipo pipeline, why it could be the most controversial ipo yet >> announcer: this is "the exchange" on cnbc. >>> here's one you guys will like. show me making it. oh! i got one. the best of amy poehler. amy, maybe we could use the voice remote to search for something that you're not in. show me parks and rec. from netflix to prime video to live tv, xfinity lets you find your favorites with the emmy award-winning x1 voice remote. show me the best of amy poehler, again. this time around... now that's simple, easy, awesome. experience the entertainment you love on x1. access netflix, prime video, youtube and more, all with the sound of your voice. click, call or visit a store today. . >>> welcome back to "the exchange" apple is up, it's up 27% year-to-date after google's results, investors might be nervous josh is live in cupertino, california what is the street looking for >> so, right, we are here at apple headquarters in

here is what mark zuckerberg just had to say.such important policy decisions for ourselves, if the rules were being written from scratch today, i do not think people would want private companies to be making so many decisions around speech, elections, and privacy without a more robust democratic process. ♪ emily: this is "bloomberg technology." i'm emily in san francisco. despite a slow start, 2019 is shaping up to be a banner year for i.p.o.'s. several tech unicorns pintrest and lyft and uber is up to slack. uber is supposed to go public last month. joining us to discuss from new york we have sarah. and ellen. the last time you were on, i believe we talked about investors buying shares double the last valuation so very optimistic about this coming public offering direct listing however they decide to do this. we think one is supposed to come very soon. >> could come as soon as this week. definitely something people are looking for. this will be the first time we look through the company's financials in a very comprehensive way a

mark zuckerberg -- we're worried about t mobile and sprint?the script around what's too powerful. >> we're searching for the political will. scott, thank you so much. >> people spend hours every single day on these social media platforms, why are you surprised? you're using them, i'm using for free. you got to pay somewhere. >>> the millionaire candidate who rails against income inequality, we finally have bernie sanders tax returns. will it mean anything to his loyal base? my insurance rates are probably gonna double. but dad, you've got allstate. with accident forgiveness they guarantee your rates won't go up just because of an accident. smart kid. indeed. are you in good hands? the latest inisn't just a store.ty it's a save more with a new kind of wireless network store. it's a look what your wifi can do now store. a get your questions answered by awesome experts store. it's a now there's one store that connects your life like never before store. the xfinity store is here. and it's simple, easy, awesome. >>> 2020 contender senator bernie sa

i think zuckerberg brought that up in the interview.of the problems that facebook tries to address are not -- they're what we call whack-a-mole problems. they're things they're constantly going to have to address so long as facebook exists. they are in the business of using user data, they're in the business of profiting off user data. so i think the question is do they care. >> right. >> that's really what you want to know. i think there's been a huge lack -- there's been a crisis of trust and a crisis of faith in the facebook leadership because they still make money and also, my god, how many scandals can one company have. it's been abyss malfor facebook over the last two years. so the question is does mark zuckerberg care about solving this. what i would say is he cares about his product, this is his baby. he wants to turn this into something the public has faith in and something that will continue to grow for years and decades to come. i believe he cares at the very least from a business perspective. >> if i remember whack-a-mole co

has thus far, but speaking to the privacy pivot that zuckerberg is making, zuckerberg did mention thatn the earnings release, saying they are focused on building out privacy focus visions. -- focused divisions, -- privacy focused visions working collaboratively around the internet. speaking to that family of apps strategy, more than 2 billion people use facebook, whatsapp, instagram, or messenger every day on average. around 2.7 billion people use at least one of the family of services each month. as the company pivots to this privacy-focused future, nobody knows exactly what that is going to look like, exactly what mark zuckerberg has in mind, but do you worry that could impact growth as a way we use facebook potentially and all these services becomes more private and changes? debra: yes, that is something we are paying a lot of attention to. as a matter of fact, i am researching a market report now and we are looking at some of those issues. we don't know exactly what it is going to look like. mark zuckerberg and his staff are very smart people. they are certainly thinking about this

. >> is it not a good thing that zuckerberg recognizes that it has to be regulated? >> it would be better if his company behave differently. i'm grateful he's providing nice off as but it's a serious problem that needs serious congressional attention. and they encourage the industry to be part of the conversation help with solutions but it's good to be done by congress and not misters zuckerberg . >> playing off of that we look at this and we build strong men to tear down and when we understand this, you have problems, what i'm very fearful of and many are fearful and too many times in congress, we go down this path and run to the floor with both democrats and fix the itch there without looking at what does it look like five or 10 years down the line. if we understand this, i'm glad they are coming to the table, i've had dishes on content and these are discussions that need to be had. these are not small startups, they have a lot of money and understand this victim at the table is good but if we simply scratch the itch that makes us feel good right now, we miss the b

now, the second issue that mark zuckerberg had to deal with is offensive content.the past year facebook has scaled to 30,000 employees focused on safety and security and also invested heavily in artificial intelligence. but those investments fail to identify the live stream new zealand mask -- mosque shooting. facebook created a war room ahead of the u.s. midterms as well as brazilian elections and it successfully removed hundreds of manipulative accounts and pages and did get through those two elections unscathed. election integrity is an ongoing battle. there have been widespread reports of manipulation on facebook as well as what's app and then we'll have the next test, the eu elections coming up in may. there are a couple other big issues to watch going forward, one is newprivacy controls for the encrypted messaging as facebook integrates all of its different messaging apps and also whether facebook decides to dramatically limit who can live stream to avoid other issues like we saw with that mosque shooting. back to you. >> great report there, julia. >>> with u

facebook's annual conference begins today, many were wondering will mark zuckerberg address privacy concerns and scandals during his keynote. >> joe biden and his wife will sit down for an interview new this morning. >>> fixing the trash in san francisco, the details of a new ten-point action plan. >> good morning, it's 5:00 a.m. on this tuesday, april 30th. >> you are never more than 7 minutes away from the accuweather forecast. >> i have seen reports of mist near the coast. watch out for that as you look at the exploratorium, it's definitely a cloudy start. 7:00, mostly cloudy, 48 to 54. upper 40s to mid-50s. we will stay in the 50s at the coast, notice, we didn't get a lot of warm, 65 to 66 at 4:00. it's going to be a little breezy this afternoon, also under that mostly sunny sky. grab a light jacket or a blanket. all right, let's turn it over to traffic. here's alexis. >> southbound 680. we had a collision around north main, involving one vehicle that hit tire tread, it has cleared here, according to chp. it looks like that is no longer a blocking issue. a quick check of drive times. i'm

. >>> zuckerberg kicked off -- he said the company is tackling privacy. >> today, we are going to talk about building a privacy social platform. >> zuckerberg opened his key note address about security concerns but shifted the conversation about how the network will look different for users saying the website will be faster and the icon will look different for the first time ever and says the changes should be coming today. it's not cle how the privacy aspect will be factored in. >>> ahead, a cute commuter rescued from a bay area freeway. >> how officers managed to get this sea lion out of harms way. >>> a theater getting a big nod for this popular show. >>> we are watching the skies clear. a beautiful view with our sails forest camera of some sunshine out there. a cool, but dry day across the bay area. tracking our next weather system that could bring a few showers back to the bay area. i'll show you future cast, coming up. >>> some scary moments for an alameda neighborhood after a car in a garbage truck crashed in oakland. this happened at 9:00 this morning on outlook avenue and 73rd

the saying goes the route to hell is paved with good intentions though something tells me zuckerberg is less interested in good intentions and more concerned about bad press and profit but hey who knows he talks so pretty by updating the rules for the internet we can preserve what's best about it the freedom for people to express themselves. remarkable he's actually saying that government censorship politicians deciding what you can and cannot do or say will somehow make the internet freer when has that ever happened before in fact one of the scandals facebook was embroiled in was its wholesale cleansing of pages and news feeds it didn't like info wars alex june even for a while r t math ik media all for math expedient including the now were taken down for no reason other than pressure from pro-war think tank and i'll leave you with. the messages are slick filled with graphics with graphs grab the. left leaning americas getting news from social media and the videos have been viewed tens of millions of times billions of times thank you apparently it's all for you your freedom your saf

we'll check back in just a few. >>> facebook's mark zuckerberg sitting down with george stephanopoulosortson is live at facebook headquarters. jobina? >> reporter: facebook has found itself at the center of global controversy. when mark zuckerberg sat down with abc news he said he was proud of his company's progress pegsly security breaches and other factors on the platform. he defended facebook's actions following the recent a he 2020 u.s. presidential keeong election and in the interview he elaborates on privacy and regulations. >> i think we have some of the most advanced at preventing the tactics russia and now other countries as well have tried copying what russia did in 2016. but the reality is that there's not like a single thing that we can do and say, all right, we put this in place so now they can't even try to interfere. they're always going to try. >> you can't guarantee it's not going to happen again? >> what i can guarantee they're definitely going to try. >> reporter: the exclusive sitdown with mark zuckerberg will air on "gma." jobina fortson, abc 7 news. >>> as she jus

it was, look at how much money zuckerberg was willing to throw at this issue. it gave the opportunity. i still think there's opportunity and this is very much like apple where if we're all just going to focus facebook, we should be looking at instagram because holy smokes, when you compare that to snap is there any competition at all? no the reality is, if you have 2 million sets of eyes here and you've got 150 million or whatever it is for snap. we know where the ad dollars are going and we have the political world starting to stir up more and more and as that gets closer toward the end of the year and as that pushes out, this is going to be something that we'll see more and more dollars going to faksbook. >> speak to your point, these are no note, right these are not new issue, the privacy stuff and the way the stuff dimest that, going up bad news and that's how you of the the stock to respond to negative, and 220 and 221 are the old highs and that's certainly in the cards as we move through the year. >> when are the elections, guy i asked you this the other

mark zuckerberg has a very large, loud platform, big platform.hen they are advocating for those issues online, i think that's a bad idea. >> mark zuckerberg is one of the richest people in the world, and not just speak but influence our lawmakers. i wonder taking three steps back, how did we get here. zuckerberg grew up in the united states. they seem totally unaware of that, why? >> i've been a regular at the fcc for a number of years and i can tell you that when large corporations come in and start calling for greater government control, they are not doing it as an act of charity. facebook right now is a company that is worth a half a trillion dollars and has a leading position in the market. it didn't find religion in and regulation until established. >> it will wreck an economic mode that only makes it harder for start-ups to compete. and this is the real protectionism right there. thank you so much for that. if you think america is the best country on earth, do you say so out loud? 20 years ago you might get a fist bump but now you will be c

zuckerberg promising to do more.ed to preventing election manipulation take a listen. >> what i can commit is we're going to invest significantly because this is a top priority, to make sure people aren't spreading misinformation or trying to interfere in elections on facebook. >> reporter: facebook created a war room, removing accounts and pages to get through the u.s. midterms and brazilian elections unscathed. the next big test will come with india's elections this week and then with the eu elections in may. other key issues do watch next year -- in the next year is how facebook handles its new privacy controls and will also see whether facebook takes big steps to limit who can live stream to prevent other streamed atrocities back over to you. >> julia, we'll be listening closely to the hill. >>> when we return, growth concerns hitting stocks. worst day for the month. dow down 183 imf cuts its outlook again we'll talk to the new chief economist. later former hb ceo and presidential candidate carly fiorina as execu

think about mark zuckerberg for last year and we'll start to see them and j.p.n reports on friday and i focus mostly on j.p. morgan. a few reasons. follow the money and with this, what it means is people aren't understanding about banks is they keep focusing on the net interest margin, how much fresh tlur is from rates being low, but banks actually make half of their money from the net interest margin. the rest is from other revenue which is things like investment banking and markets activity or asset wealth management or credit cards and there are lots of other places to make money and the street is undervaluing how much of the revenue comes from the other businesses. the next point is that earnings concerns should be priced in j.p. morgan themselves said in their 10k that their first quarter is going to be basically disappointed they talked about the market's revenue being down a lot they talked about the interest being flat they talked about expenses being up so that should already be priced in and the market's revenue has picked up since they filed that 10k

mark zuckerberg and his staff are very smart people. they are certainly thinking about this and thinking about the way that marketers can reach people in these more private environments. it is going to mean a change. they are so used to using that newsfeed on facebook to reach people, to get that mass reach that this is definitely going to pose some challenges for them. i don't know how it is going to roll out, but i do think facebook is going to have a way to get around this. i also think that mark zuckerberg is saying all the right things when it comes to addressing the ftc concerns, the potential of the settlement, talking about privacy, talking about that they welcome regulation. these are all things that mark zuckerberg needs to say in advance. emily: the next 18 months are going to be a big test for facebook as we gear up for the united states in the 20 20 election and facebook works to secure its platform from foreign and domestic meddling. we have seen the mueller report come out in the last week, which did not make facebook loo

mark zuckerberg said the future of the company will be in private in group did services.ial media companies, a lot of them, not just that social media companies, a lot of them, notjust facebook, have eroded the public‘s confidence that they are able to keep people's information safe. facebook has says it was mike —— legal battles haven't been resolved and it is unclear how long it will take. right. fergus hay is chief executive of the advertising agency leagas delaney. welcome. we outline the numbers. samira hussain talked about some of the key issues, the fine was a big one, we don't know what it looks like yet. give us your take on facebook‘s numbers. what a cracking business at the core of it. at the heart of it, it looks like a strong business, but the question is their immediate business. they are relying on the confidence of advertisers in the immediate term. when they face reputational damage, for example the mental health impact on the younger generation, social impact, and the roles in corrupting the integrity of the democratic process, they have some challenges.

facebook ceo mark zuckerberg speaking out for more internet regulation zuckerberg wants a more active role for governments and regulators saying by updating the rules that question can preserve what is best about it, the freedom for people to express themselves and entrepreneurs build new things joining me now is an economic policy analyst and cnbc tr contributor. julia, why did he write this p ode? >> he was adamant that they could find solutions to their problems, but times have changed. it is clear that even if facebook does make its own rules, those rules are not going to be satisfactory to all these different factions and are only going to draw more criticism to facebook so now zuckerberg knows regulation is inevitable and he would rather help form that regulation so he can play by the rules and not draw as much criticism as he has been facing. >> and what he says in the piece is that we need new regulation in harmful content, election integrity, privacy and data portabili portability. why do you think he wants to see active regulation in each of those four bucket cans >>ness wil

i'm thinking more about 2020 where there was commentary from mark zuckerberg on the third quarter callind of recognizing that at some point they understand that revenue growth and expense growth has to come closer together. it's been very wide at this point. you've seen a margin contribution but for 2020 where is that going to be based on some of the changes he needs to make to the platform. that's one of the bigger debates that has to come out, you know, over the course of this year that probably is something elsewhere that plus privacy means you're not maybe going to get the same type of expansion as you would have in the past but we still feel good about the top line opportunity. it's a question of trying to balance that. >> do you think they've had growth opportunities that they've missed because they've had so much else to work on? other products -- >> it's a great question. i don't think so. i do think they probably had to shift from being as front footed as they were in the past last year, so maybe it slowed down some things but he made it very clear on last quarter's call that

mark zuckerberg giving his keynote address right now. we have our tech editor with us. the highlights, he started to speak, got massive cheers, and then he said, wait, it is not as positive as you think. >> probably a pretty depressing message for developers rely on facebook, and the message is the company is going to crack down on the type of data they have access to. obviously in response to the cambridge analytic a scandal. there is a balance that facebook has to have to strike, they have to give outside developers access to enough information about users and what they are doing to keep the ecosystem going but they also have to keep privacy in mind. taylor: thank you so much. apple'swaiting second-quarter earnings, reporting after today's close. ,he stock has seen a rally almost $300 billion in market value, driven by digital services. the street is increasingly skeptical of the gains. joining us for what to expect technologylose, infrastructure global team had at new street research. , skeptical ahead of the earnings report. talk about your recent downgrade, when yo

zuckerberg grew up in the united states. most of these people did.ber one bill of rights and freedom of speech, they seem totally unaware of that and why? >> i've been a regular at the fcc for a number of years and i can tell you that when large corporations come in and start calling for greater government control, they are not doing it as an act of charity. facebook right now is a company that is worth a half a trillion dollars and has a leading position in the market. it didn't find religion in and regulation until established. a dominant position.ed >> tucker: exactly. they have 30,000 people doing content and security reviews so calling for this heavy-handed government regime it will wreck an economic mode that only makes it harder forc start-ups to compete. and this is the real protectionism right there. mr thank you so much for that. good to see you. do you think america is the best country on earth, do you say so out loud? 20 years ago you might get a fist bump but now you will be called a bigot.ou plus, time for "final exam." mark steyn expre

mark zuckerberg and his staff are very smart people. they are certainly thinking about this and thinking about the way that marketers can reach people in these more private environments or small group environments, but it is going to mean a change for advertisers. they are so used to using the newsfeed on facebook to reach people, to get the mass reach. this is definitely going to post some challenges for them. i don't know how it is going to roll out, but i do think facebook is going to have a way to get around this. i also think that mark zuckerberg is saying all the right things when it comes to a dressing the ftc concerns and the potential of a settlement, talking about privacy, about that they welcome regulation. these are things that mark zuckerberg needs to say in advance of making the settlement with the ftc. emily: the next 18 months are going to be a big test for as we gear up in the united states for the 2020 and facebook works to secure the platform from foreign and domestic meddling. we have seen the mueller report come out

i am sure there will be much applause today for mark zuckerberg. vonnie: thank you.ead, president trump wrapping up his fight with democrats and a new lawsuit any at keeping his family's bank records private. this is before a key meeting between the president and the council. on major indices are lower -- all major indices are lower. this is bloomberg. ♪ ♪ vonnie: live from new york, i'm vonnie quinn. guy: and from london, i guy johnson. let's get a news update. is ay: in venezuela, it fight for the country. opposition leader juan guaido went to a military base to proclaim the end of nicolas maduro's regime, calling for a military uprising. meanwhile, the regime promised theunish anyone who joins opposition. -- the democratic left is pushing it a central part of the 2020 campaign. nancy pelosi is trying to convince progressive she is taking the matter seriously. she is assuring moderates that the house will not go too far too fast. warninglanka, they are more tax could be coming. to cap and ministers said he and several others received intelligence that the ones behi

why is zuckerberg asking to be regulated?hings they haven't taken care of at facebook? methinks mr. zuckerberg knows the shape of things to come from washington, d.c. and instead of being on that side, he's going to be on their side holding hands and maybe writing the rules and the regulations on the industry he's already in. i suspect there is a method to his madness on this. >> let me take gary's cynicism a step further. it's like "the godfather" keep your friends close and your enemies closer. this is a situation where the optics look great. i'm mark zuckerberg and i'm going to let myself be regulated, here, let me help out. fact of the matter is he's drowning in this but sees an opportunity to create this illusion where he's saying look, i'm playing by the rules but meanwhile he will keep changing the game. never mind the rules, they won't apply much longer. >> i think that's part of it. i think it's a preemptive bid. you have people on the left and the right now threatening to put in legislation which would break up face

one executive called ceo mark zuckerberg a, quote, master of leverage.ents were, quote, cherry picked. in a statement to nbc news wrote, quote, the set of documents, by design, tells only one side of the story and omits important context. but the facts are clear, we never sold people's data. nbc news has not been able to confirm whether the documents reflect a complete picture. joining me tech investigations editor olivia who broke this story. thank you so much for being here. what should people, who are watching this program, who are using facebook every day, what you found isn't really very reassuring for them when they hear the ceo of facebook say he's not selling data and that's his top priority, protecting it? >> well, yeah, i certainly wouldn't take encouragement from that. i think the main thing these documents so is the huge gulf between the way facebook talks about user data publicly versus the way it talks about it privately. and behind closed doors, they talk about it in terms of being a bargaining chip to control competitors, reward partners