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Transcripts For BLOOMBERG Bloomberg Technology 20240712

Published. Meantime, facebook is making a big change to its ad business, announcing it will allow people to opt out of seeing political ads on facebook and instagram. Users will be able to mute electoral ads and ads on social issues as well. For more, i want to bring in purses and strategies founding partner, who was before that president obamas Reelection Campaign digital director. Teddy, good to have you back on the show. Facebook may the controversial decision to not factcheck political ads, not factcheck speech from politicians. What is your take on this now middle ground, saying you can turn off political ads if you dont want to see them . Teddy thanks for having me. I think the truth is it is not much of a middle ground. What its doing is putting the onus on the user to do the work. They are saying we wont provide any Fact Checking or any standards whatsoever on our platform, but you the user can click on a few buttons and hopped out if you make that decision. The thing i think t

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