The indictment of 13 Russians for interfering with the Presidential election has intensified the pressure put on Facebook, which uncovered about three-thousand Russian-linked ads on its platforms before and after November 2016. Cheddar Senior Reporter, Alex Heath, breaks down the the latest developments.
Facebook's Vice President for ads, Rob Goldman, tweeted about Russia's disinformation effort. President Trump then cited him. Facebook did not intend for Goldman’s tweets to be quoted by Trump. They thought the tweets would only be seen by a contextually-aware audience of techies and media types who follow Goldman.
Heath believes that the tweeting from Goldman and other execs is part of a carefully orchestrated PR campaign by Facebook to make itself appear more transparent and relate-able through engaged spokespeople on Twitter.
Facebook is unveiling a redesigned, simplified version of its Messenger app that recalls the basic chat service the social media giant released as standalone app in 2014. Stan Chudnovsky, Facebook's head and VP of Messenger, told Cheddar's Hope King that the purpose of the overhaul was to "go back to the roots" with a simple, easy-to-use interface that prioritizes chats between friends.
U.S. stocks took a major hit on Tuesday, with the Dow opening 400 points down and tech stocks still struggling. The Nasdaq reentered correction territory, down more than 10 percent from its all-time highs.
These are the headlines you Need 2 Know.
President Erdogan of Turkey demanded action from Saudi Arabia on Tuesday for the "premeditated" and "savage" murder of journalist Jamal Khashoggi, as SoftBank's CEO became the latest top executive to pull back from Saudi Arabia's investor summit.
Viacom's MTV is rebooting its "Real World" franchise by launching the show on Facebook Watch. Wall Street Journal Media Reporter Keach Hagey explains what this means for the company's streaming strategy.
Ford's new "Built Ford Proud" campaign is the work of the Wieden+Kennedy agency, long known for its creative ads for Nike ($NKE) ー including its controversial ad featuring ex-quarterback and activist Kaepernick. The first "Built Ford" ad stars Bryan Cranston inhabiting a series of cinematic personas that all take subtle digs at the tech industry.
A lead TV analyst suspects Netflix may be battling a case of nerves as the streaming giant turns to the debt markets for the third time in a year. "I think it's a reaction to the fact that Warner is coming into the picture, and Disney," Alan Wolk, a co-founder and lead analyst at TV[R]EV, told Cheddar Monday. "Suddenly, that market ー especially in the U.S. ー is getting crowded."
Amazon, Alphabet, Twiter, and other big tech companies are set to report quarterly earnings this week. Elon Musk says The Boring Company's high-speed transit tunnel will be open to the public on December 10. And Zane Holtz, star of the upcoming film 'Hunter Killer,' joins Cheddar to discuss what it's like working with big-name talent such as Gary Oldman and Gerard Butler in this new movie.
Aurora Cannabis will start trading on the New York Stock Exchange on Tuesday, though it already trades in Canada. Debra Borchardt, co-founder and CEO of the Green Market Report, predicts how the stock will fare in its NYSE debut.
In the wake of two massive data scandals this year, the tech company is reportedly looking to acquire a company that can help beef up its cybersecurity. The Information reporter Sarah Kuranda, who broke the story, told Cheddar why Facebook is willing to pay top dollar for a big name in the space.
