i think that the data policy is exploitive and irresponsible. and irresponsible is how she put what cambridge has done with facebook s lax approach. and we spoke, and this is important about what the digital firm that worked for trump did with the day and the whether any of it could be bound up in the big question of russian meddling. facebook gave probably thousands of different companies access to the data, and we only asked december of 2017 about seven months later if we had the data and to delete it in 2016, and i guerin the tee you that cambridge analytica was one of thousands of companies that still possessed the data longer than we should have. is it possible that cambridge or other data firms who have more of the american expertise might have somehow been helped, used or interacted with the russian operations? anybody in the world can
week was worth $20 billion. you think they don t care? i think the data policy has been only exploitive and incredibly irresponsible. irresponsible. that s how she put what facebook has put forward with cambridge s lax approach. and what facebook did with the data and whether any of this could be bound up in the big question of russian meddling. facebook gave probably thousands of different companies access to this data. we were only asked in december of 2015 about seven months later, if we still possessed that data and were asked to delete it in january 2016. i guarantee you that cambridge analytica was probably one of thousands of companies that still possessed that data, much longer than we should have. is it possible that cambridge analytica and other data firms who might have had more expertise, might have somehow been helped, used or interacted with the russian operation?
we ve all sign them on facebook. they were popular for a while. a professor associated with cambridge university set up one of these apps that does these quizzes. he used the quiz to harvest data about users of facebook and all of their friends. so by doing that, he was able to get information, data, on tens of millions of facebook users. this happened a few years ago. then he transferred the data over to a company called cambridge annaly the ka analiytica. that swoops in and promises to create detailed voters. that is essentially the new frontier of political campaign, right? you bring in data firms would promise they know voters in really detailed ways. then you tell those voters exactly what you want to hear. that s partly why the trump campaign hired cambridge analytica. so cam bridge is alleged to have used all this data from tens of
ballot also intersected. hired three data firms to help the trump campaign essentially collect voter information from various states. question they re asking is whether or not the russians and trump campaign and in turn the rnc coordinated to help each other with various aspects of the data collection. question now is did the russians take the voter information they hacked from the state election systems and feed it to the trump campaign and in return did the trump campaign help them target the facebook ads we saw in the election? chicken or egg. russians wouldn t know which races to target but would have needed american help. that s the speculation of analysts. difficult for russians to have this granular knowledge of american politics and allow them
actually company insiders selling out of their stock positions, plowing money to safe haven investments like u.s. treasuries and gold. and we saw the price of oil come down as well because of recession eary fears, not unusu since fiscal cliff talks are at a standstill. but stocks still ended up mod t modest modestly. and sales, a slump, how bad is it? what s behind it? at this point, what isn t behind it, superstorm sandy, heartbreaking tragedy in connecticut last week and now the fiscal cliff standstill that is actually cutting consumer confidence. i think all of those are playing a role. a lot of data firms are cutting back on shopping outlooks for the holiday season. i m not too worried. we saw this similar, and relatively robust black friday sales, a lull in the following weeks and a surge in the last couple of days before christmas.