Dorsey and Sandberg Head to Hill to Defend Social Platforms
*By Carlo Versano*
Twitter CEO Jack Dorsey and Facebook's operating chief Sheryl Sandberg head to Capitol Hill Wednesday, but the hearing may be more about who's absent rather than who's there.
"There's somebody missing from this conversation, and that would be Google," said Washington Post tech reporter Tony Romm.
Dorsey and Sandberg will answer to members of the Senate Intelligence Committee and address Russian interference before Dorsey goes back-to-back with the House in a hearing probing whether Twitter is actively censoring certain political views (Twitter has [said](https://www.washingtonexaminer.com/news/twitter-ceo-jack-dorsey-denies-company-censors-content-based-on-ideology) the platform has not). This will be the first time on the Hill for both executives.
"It's all happening at a time when lawmakers are increasingly concerned that social media giants haven't done enough to clean up their acts," Romm said Tuesday in an interview on Cheddar.
Google has not offered its CEO Sundar Pichai or Larry Page, the chief of parent company Alphabet. Google instead offered Kent Walker, a lower-rung senior VP of global affairs and chief legal officer, but the Senate committee [demured](https://www.wired.com/story/mark-warner-senate-committee-hearing-google-facebook-twitter/), so it's possible that Wednesday's hearings will produce a striking image of Sandberg and Dorsey sitting next to an empty chair.
Romm said he expects it will be a day of "huge PR hits" for Google.
"From the perspective of the Senate Intelligence Committee, that wasn't enough," said Romm of Google's offering.
Google, for its part, has argued that it's ready and willing to dispatch employees with the most knowledge about a given subject ー and in this case, that may mean Walker. But lawmakers want CEOs and decision-makers.
"That's where the buck stops," Romm said.
For full interview [click here](https://cheddar.com/videos/facebook-twitter-executives-to-face-capitol-hill-grilling).
Phyllis Newhouse, the first black woman to bring a company public via SPAC on the NYSE earlier this year, has launched her second SPAC, ShoulderUp Technology Acquisition.
Phyllis is a serial entrepreneur, retired military officer, and founder of the ShoulderUp movement, which educates and encourages women around the world to reach their greatest economic, political and cultural potential. Shawn Henry is part of the ShoulderUp team, bringing his expertise on cybersecurity to the new company. Both Phyllis and Shawn joined Cheddar to discuss this new venture and how it plans to tackle the issue of cybercrime.
Don Basile, CEO, Monsoon Blockchain & Founder of Bitcoin Latinum, joins Cheddar News' Closing Bell, where he explains why we're seeing major crypto investors look to purchase expensive pieces of art, and discusses what the NFT space could look like in the not-too-distant future.
Jack Constantine, chief digital officer and product inventor at Lush, joined Cheddar to talk about the cosmetic company's mass exodus from major social media platforms TikTok, Facebook, Instagram, and Snapchat, in the wake of recent reports that Instagram specifically had negative impacts on teen girls. He noted that with teenage girls being a large part of its consumer base and audience, Lush had a responsibility to market its company on outlets that prioritize mental wellbeing. "For us, we've always been a social brand, and it started to feel that social media was no longer offering what we felt we wanted to gain from it," he said. "And then obviously when you add that to the damage that it's causing, it just feels like a combination that we can't continue on with." The company also pulled out of social media platforms in 2019.
Jon Lowen, Co-Founder of Surfside, joined Wake Up With Cheddar's Baker Machado to discuss Uber's partnership with cannabis retailer Tokyo Smoke, as it's the first time a cannabis merchant has been listed on UberEats across all of its global markets.
Jack Dorsey resigned from his post as CEO of the social media company on Monday and will be replaced by chief technology officer Parag Agrawal. Mitch Rubin, portfolio manager at RiverPark Long/Short Opportunity Fund, joined Cheddar to break down the move and what it means for investors in both Twitter and Square, the payment company that Dorsey also helms. "For the long-term, I think this is very positive news for both companies," he said. Rubin also talked about growing competition in the social media space and why Twitter continues to lag behind other major players.
Jack Dorsey is officially out as Twitter's CEO. Dorsey said in a statement that the platform is ready to move away from its founders and now will be led by current CTO Parag Agrawal.
The ocean is an important topic when it comes to the climate. It plays a vital role in shaping our environment, with rising sea levels causing a 35% increase in natural disasters around the world, affecting 1.7 billion people. Dr. Sylvia Earle has been called perhaps the greatest advocate our oceans have ever had, with Time magazine dubbing her its first 'hero of the planet' and the Library of Congress naming her a living legend. She is also the founder of Mission Blue, an organization that inspires action to explore and protect the ocean. Dr. Earle joined Cheddar Climate for more on the importance of caring for the ocean and its impact on climate change.
