Said this hearing will her were turned to order and we understand that senator moran is next so sir you are recognized. Chairman wicker thank you very much and thank you for you and senator cantwell hosting this hearing. Let me address initially this topic that seems to be primary today and then that is of data privacy. Let me ask all three witnesses how much money does your company stand annually on content moderation . How many people work in general in the area of content moderation including by private contract . Let me start with those two questions and ultimately want to ask you how much money does your company spend independently on lawsuits for content. See that mr. Zuckerberg do you want to go first . Senator we have more than 35,000 people who work on content and safety review and i believe our budget is multiple billions of dollars a year, upwards of three or maybe even more billion dollars a year which is a greater amount in revenue in the sense that we are spending more on
Said this hearing will her were turned to order and we understand that senator moran is next so sir you are recognized. Chairman wicker thank you very much and thank you for you and senator cantwell hosting this hearing. Let me address initially this topic that seems to be primary today and then that is of data privacy. Let me ask all three witnesses how much money does your company stand annually on content moderation . How many people work in general in the area of content moderation including by private contract . Let me start with those two questions and ultimately want to ask you how much money does your company spend independently on lawsuits for content. See that mr. Zuckerberg do you want to go first . Senator we have more than 35,000 people who work on content and safety review and i believe our budget is multiple billions of dollars a year, upwards of three or maybe even more billion dollars a year which is a greater amount in revenue in the sense that we are spending more on
This red november to serve . Well, i became interested in the left ward drift of the Democratic Party because it seemed to me to be quite radical and bad not just for the Democratic Party but for the country. I had been a democrat in my College Years and shortly thereafter and i became more conservative before becoming a republican and joining breitbart and even then i retained an empathy for the kind of utopian thinking that the left does. Im not a utopian myself, but i do think that Many Democrats with whom i disagree on policy issues, ideological issues are coming from a very good place, they want to make the world better. And what struck me about the direction of the Democratic Party was that it is taking that party in such an extreme direction that it risks falling over the cliff and pulling the country with us. One of the most important things that changed my mind about politics was my experience for 7 years in south africa seeing that leftwing government mismanage the country af
Basis. Keep you abreast of that. Barreling down, albeit barreling down slowly on Grady Trimble in gulf part mississippi. Reporter neil, sally is moving extremely slowly at two miles an hour. That is slower than most humans walk. You can see here it is starting to rain. The wind is picking up. Were in pascagoula, mississippi. The water is lapping over the side. The storm makes landfall tomorrow, is that tomorrowsurge continues. That the water pushed up. In area. Along beach boulevard there are many house us. Theyre not boarded up for the most part from what weve seen. Sternly a risk of flooding, with all of the oak trees, 85 mileperhour winds are nothing to mess around with either. Because the storm is moving so slowly well see several days worth of rain. You could see flash flooding on top of a potential for storm surge. I want to point out the pier in the background there. A light moment as people prepare for this very serious storm. We saw people gathered there we werent sure what th
Considers a plan to order a for tiktok. Nership microsoft is in talks to buy tiktoks u. S. Operations. Of covid19 rising, but at a slower pace. Florida reporting record deaths. As of today, the 600 unemployment checks millions have been getting will expire. Next week, 200. To break down how investors are digesting this, abigail doolittle. We have to talk about this tech rally. Buteveryone, it seems, google. Abigail yes, a big rally for apple, amazon, facebook. Google the odd stock out. You and i were talking about quarters forblowup most companies. Apple, in particular, the stock had been up 5 , then in the afternoon around that news came reversed, and that is when apple took off, as though there was an invisible hand behind apple surging. It is hard to believe institutional money is buying the stock at a fiveyear high. They havent provided in outlook, but nonetheless, great results, each beating estimates. Apple and amazon beating, meeting or beating the adjusted earnings estimate pri