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.
Washington won't easily forgive Facebook for sending a "low-level" deputy to testify when Congress first wanted answers about Russia's role in the 2016 election. And legislators are likely to take out their frustration on the CEO when he appears before them next week, says Ken Gude, Senior Fellow at the Center for American Progress.
If the stock had surged too high, "it would be hard to grow into that valuation over time," says Pär-Jörgen Pärson, partner at European venture capital firm Northzone, a Spotify investor since 2008.
West Virginia is the first state to test out voting via blockchain, collaborating with venture capitalist Bradley Tusk. "[People] want to vote the same way that they order something from Amazon," says Mac Warner, WV's Secretary of State. The experiment has rolled out for deployed military voters in some counties, with plans to deploy it across the state for the midterm elections in November.
CEO Mark Zuckerberg said Facebook's handling of user data was a "huge mistake" and that the company failed to take "a broad enough view of what our responsibility was" to its more than 2 billion users.
Stringer wants Facebook to bring in more independent directors and experts on data protection to provide more oversight at the company. As the comptroller, Stringer manages the city's public pension funds, which have close to $1 billion invested in Facebook.
Both companies decided to bypass banks and let anyone participate in the listing process, says Stacey Cunningham, COO at the New York Stock Exchange. The music streaming company started trading on the market Tuesday, with shares opening at $165.90 a pop.
There are "some unique factors" that went into Spotify's decision to choose a direct listing, and not all companies will have the same needs, says Stacey Cunningham, COO at the New York Stock Exchange. Spotify started trading on the market Tuesday, with shares opening at more than $165 a pop.
Choosing a direct listing over an IPO has left a lot of room for volatility when the stock starts trading tomorrow, says Maureen Farrell, reporter at the Wall Street Journal. The music streaming company goes public Tuesday, and investors have little guidance on the debut price or even what kind of volume we'll see on day one.
Female gamers, like Janet Rose, are often told that they are mere distractions in the male-dominated industry. They are also frequently exposed to sexual harassment online. Rose, who streams on Twitch as "xChocobar," shares her experience.
Cheddar caught up with auto execs at the New York International Auto Show and asked them how many years it will be before people won't need to learn how to drive. Here are their answers.
