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.
Rob Marvin, associate editor at PCMag.com, discusses Facebook's latest data controversy that may have compromised posts of 14 million users who thought they were posting privately to family and friends. We talk about what this means for the future of the company as it recovers from its last data scandal.
PlayVS is the first esports league for high school students. The company announced $15 million in funding that will go towards preparing for its upcoming inaugural season.
Even though Disney and 21st Century Fox reached an agreement for a sale of many of Fox's assets, Rupert Murdoch is looking elsewhere. Rich Greenfield, media and tech analyst for BTIG, says Murdoch is open to other offers, including one from Comcast. Fox shareholders are set to vote on the $52.4 billion merger next month.
Billionaire investor Warren Buffett and JPMorgan Chase CEO Jamie Dimon want to change the way companies report earnings. They say the common practice of issuing guidance in a quarterly earnings report forces companies to focus on short-term goals rather than long-term ones.
Honolulu leaders approved a measure on Wednesday that would limit how much ride-sharing companies such as Uber and Lyft can charge customers during peak times. Uber pushed back, saying it would impose "outdated taxi-style requirements" on the industry. Honolulu lawyers will review the measure before it goes to the mayor, who then has 10 days to decide what to do.
Facebook admitted this week it shared user data with Chinese phone maker Huawei, which has been flagged as a national security threat. This slow drip of Facebook's data practices will be a difficult PR crisis for the company to overcome, says Former White House Chief Informatoion Officer Theresa Payton.
Apple is doubling down on its Pay function, expanding it to a wider range of transactions and turning it into a bigger revenue stream for the company.
Facebook is facing more backlash after a New York Times report revealed the social media company shared user data with at least 60 device makers. It turns out Facebook shared information with four Chinese firms, including Huawei. The Chinese company Huawei is the third largest smartphone maker in the world and has also faced intense scrutiny from U.S. government officials.
Tesla shareholders voted to keep Elon Musk on as chairman of the electric carmaker. At the annual shareholder meeting, Musk said the company is on track to deliver 5,000 Model 3 vehicles per week by the end of this month. Tesla will also open a new gigafactory in Shanghai, its first outside of the U.S.
And we talk to WNBA legend and Olympic gold medalist Lisa Leslie. She stars in the new film 'Uncle Drew' alongside Kyrie Irving, Chris Webber, Shaq, and other comedy and basketball greats. Leslie also weighs in on the NFL kneeling controversy.
The disruption of the advertising business will fundamentally alter the way Americans listen, read, and watch media in the future, according to the writer and media critic Ken Auletta.
Some tips from the CEO and founder of the wellness company Thrive Global: blink more, take a walking meeting outside, and get up every 20 minutes.
Tesla's chairman and CEO Elon Musk escaped an attempt by shareholders to strip him of one of his titles at the electric car company he founded. Aaron Cole, managing editor at Motor Authority, said Musk was expected to hold on to his chairmanship, but the shareholders meeting was still an emotional one for the Tesla boss.
Dara Khosrowshahi's emphasis on safety, his decision to change Uber's rules around sexual harassment claims, and his slow and careful search to fill executive jobs are all "ground-breaking," says the Huffington Post founder and CEO of wellness company Thrive Global.
