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.
Instagram CEO Adam Mosseri faced a bipartisan Congressional grilling this week as the Senate inquired about safety practices for protecting the mental wellbeing of young people on the platform. Sen. Marsha Blackburn (R-Tenn.) joined Cheddar to talk about the hearing and how she was disappointed in Instagram coming unprepared with relevant information or documents. Blackburn also offered concern that the platform could continue with building a kids-only version despite having drawn significant opposition from the public.
The Great Resignation has shown some signs of slowing in October with the number of those who quit their jobs falling by 4.7 percent to 4.16 million. This comes as worker strikes and calls for unionization ramp up. Jane Oates, president at WorkingNation joined Cheddar's "Opening Bell" to discuss the implications.
U.S. markets opened lower despite positive jobs data, which saw weekly claims drop to a 52-year low. Kevin Nicholson, Co-CIO Global Fixed Income, RiverFront Investment Group joined Cheddar's Opening Bell to discuss the labor market, inflation, and the impact of the Omicron variant on global markets.
A packed Thursday pod: Carlo and Baker cover the latest developments in the Ghislaine Maxwell, Jussie Smollett and Elizabeth Holmes trials. Plus, Dems are losing the Hispanic vote, Boris Johnson in trouble again, and is it possible that Adele has peaked?
Jim Bruderman, Vice Chairman at 1879 Advisors, joins Cheddar News' Closing Bell, where he says investors experienced a 'panic attack' last week with the spread of the Omicron variant and the Fed's tapering plans. As a result, he says we're now seeing stocks climb due to a growing comfort level toward both developments.
Adam Mosseri, head of Instagram, faced withering questions on Capitol Hill about the reports the social media app was aware of the severe mental health impacts it was having on teenage girls. Karen Kornbluh, the director of digital innovation and democracy for the German Marshall Fund, joined Cheddar to discuss the rare show of bipartisan outrage on display at the Senate hearing. "The senators came really loaded for bear on both sides of the aisle," she said. Kornbluh explained how senators like Richard Blumenthal (D-Conn.) set up fake Instagram accounts with teen girl profiles in order to research the effects firsthand.
The Biden administration will not send an official U.S. delegation to the 2022 Winter Olympics in Beijing as a statement against China's "ongoing genocide and crimes against humanity in Xinjiang." Weifeng Zhong, senior research fellow at George Mason University's Mercatus Center, joins Cheddar News to discuss the boycott.
