NAACP President and CEO Derrick Johnson told Cheddar he is "not surprised" a recent meeting between Facebook and civil rights organizations did not end as hoped.
The social media giant reached out as major advertisers pulled marketing campaigns, unhappy with the company's decision to allow hateful content and misinformation to live on the platform.
"Unfortunately we’re not surprised. After two years of discussion with Facebook, we’ve heard statements of value, we’ve heard statements of concern, and how we all agree. What we have not seen is action," Johnson stated.
The recent ad boycott began in the weeks after the police killing of George Floyd. As massive demonstrations took place across the county, Trump posted a message on Twitter and Facebook, warning, in part, "when the looting starts, the shooting starts." Twitter opted to issue a warning about the post, while Facebook decided to let it remain unaltered. Zuckerberg explained in a post that the company's "position is that we should enable as much expression as possible unless it will cause imminent risk of specific harms or dangers spelled out in clear policies."
"For Mark Zuckerberg or anyone else to suggest that hate speech is ok as long as it’s partisan, that’s asinine thinking," Johnson said.
Refusal to curb the spread of hate speech and misinformation on Facebook, Johnson said, threatens American governance.
"If we demean the civility of our discourse to say that if someone says something racialized, it’s ok, it’s partisan, that’s no way to run this democracy," he noted.
Markets opened slightly higher to kick off the final trading week of the year as investors continue to watch the Omicron variant in the U.S. Sean O'Hara, President, Pacer ETFs joined Cheddar's Opening Bell to discuss what drove early market activity.
Carlo and Baker kick off the weirdest week of the year with all the news you missed over the holiday weekend, including calls for the CDC to shorten its isolation window as Omicron sweeps through the country.
Former professional tennis player Patrick McEnroe joined Cheddar to discuss the troubling issues surrounding player Peng Shuai who appeared potentially to have been silenced following her social media post accusing former Vice-Premier Zhang Gaoli of sexual assault. Shuai's subsequent disappearance, reappearance, and apparent retraction of the accusation in an interview only added to worries. "When this happened, all of us in the tennis community were very concerned. And, by the way, another thing Peng said in this interview was that she doesn't speak very good English," McEnroe noted. "Well I can assure you, she speaks darn good English, 'cause I spoke to her on many occasions over the last 15 years."
Universities like UCLA, Yale, and Duke have announced they're implementing remote learning amid the COVID omicron variant surge, despite President Biden recommending that K-12 schools should continue in-person education. Jared C. Bass, senior director for Higher Education at American Progress, joined Cheddar to break down what institutions of higher education might be considering differently. "I think some universities are allowing periods of a bit of a respite to allow students to get testing and make sure when they do return back to campus that they're healthy," he noted.
The S&P closed at a record at the major markets ended Thursday's session higher for a third straight day. Adam Coons, Portfolio Manager at Winthrop Capital Management, joins Cheddar News' Closing Bell, where he discusses what has investors feeling jolly before Christmas, and gifts investors with winning buying opportunities entering 2022.
The Supreme Court will hear arguments on President Joe Biden's vaccine mandates for large companies and health care workers on January 7, 2022. The mandates will remain in place until then.
Carlo and Baker cover the heartening news on the Covid front ahead of the holiday, plus President Biden punting student loan repayments again, a new space telescope and Love, Hate, Ate: Christmas Eve Eve Edition!
This year's worldwide semiconductor shortage limited the supply of everything from new cars to smartphones; and now, many in the chip industry expect the shortage to continue deep into 2022, and maybe even 2023. Semiconductor senior research analyst for Robert W. Baird & Co., Tristan Gerra, joins Cheddar News' Closing Bell to discuss.
