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Transcripts For BLOOMBERG Bloomberg Technology 20240712

What it is, and why it is wreaking so much havoc for social media companies. And it is halloween eve. Night. Iller, but triller we will have the executive chair of the social media platform sued by tiktok. Those stories in a moment. Also this hour, we will be speaking with the ceo of overstock. Com on supply Chain Technology ahead of the busy retail season going into the holidays. Later, i will have an interview with the ceo of blue apron, which reported results yesterday. Dropping, u. S. Stocks capping their biggest weekly route since march after tech earnings disappointed investors concerned the slowing economy will dampen assets. Lets get to Abigail Doolittle in new york. It was a crazy week just ahead of the election. Walk us through your roundup. Abigail yes, it was a crazy week, a wild week. Two down weeks. That is another piece of the story that the bears have been at it last part of this month. The nasdaq today not surprisingly with the text selling that you were alluding to re

Transcripts For CSPAN3 Google Facebook Twitter Executives Others Testify About Online Terror 20240714

Hate speech, and misinformation on the platforms. They also discussed foreign interference in u. S. Elections. This House Homeland Security Committee Hearing is 2. 5 hours. The committee on Homeland Security will come to order. The committee is meeting today to receive testimony on examining social Media Companies efforts to counter online terror content and misinformation. In march, a white supremacist terrorist killed 51 people and wounded 49 more at two mosques in christchurch, new zealand. Our thoughts and prayers continue to be with the vic dems and their families. The motive behind the attack is not in question. The terrorist had written an extensive manifesto outlining his white supremacist, white nationalist, anti immigrant, anti muslim and baptist beliefs. His act was horrifying beyond words. And it shook the conscience. Shockingly, the terrorist was able to live stream the attack on facebook, with the video and its gruesome contents went undetected initially. Instead, Law Enf

Transcripts For CSPAN Google Facebook Twitter Executives Others Testify About Online Terror 20240714

With the victims and their families. The motive behind the attack is not in question. The terrorist had written an extensive manifesto outlining his white supremacist, white nationalist, antiimmigrant, antimuslim, and fascist beliefs. His act was horrifying beyond words, and it shook the conscience. Shockingly, the terrorist was one to livestream the attack facebook, where the video and its gruesome content went undetected initially. Instead, Law Enforcement officials in new zealand had to contact the company and ask that it be removed. When new zealand authorities called on all social Media Companies to remove these videos immediately, they were unable to comply. Human moderators could not keep up with the volume of videos being reposted, and their Automated Systems were unable to recognize minor changes in the video, so the video spread online and spread around the world. The fact that this happened nearly two years after facebook, twitter, google, microsoft, and other Major Tech Com

Transcripts For CSPAN3 Google Facebook Twitter Executives Others Testify About Online Terror 20240714

The committee on Homeland Security will come to order. The committee is meeting today to receive testimony on examining social Media Companies efforts to counter online terror content and misinformation. In march, a white supremacist terrorist killed 51 people and wounded 49 more at two mosques in christchurch, new zealand. Our thoughts and prayers continue to be with the vic dems and their families. The motive behind the attack is not in question. The terrorist had written an extensive manifesto outlining his white supremacist, white nationalist, anti immigrant, anti muslim and baptist beliefs. His act was horrifying beyond words. And it shook the conscience. Shockingly, the terrorist was able to live stream the attack on facebook, with the video and its gruesome contents went undetected initially. Instead, Law Enforcement officials in new zealand had to contact the company , and ask that it be removed. When new zealand of dohertys called on all social Media Companies to remove these

Transcripts For BLOOMBERG Bloomberg Daybreak Asia 20240714

Investors await the final pricing for the asia operation. They hope the Chinese Market will help drive down debt. Shery lets get you started with the quick check of the markets. Close of the thursday session. Reaching record highs with the doubt surpassing 27,000. S p 500 very close to the 3000 level. We have financials and industrials leading the gains. We got the tweet earlier in the session from President Trump saying china is letting us down. Bit. Took markets a little they were able to recover as we are focused on chair powells second day of testimony talking about the fed having room to ease and ties between the Unemployment Rate and inflation. Yields have 10 year reaching one month high as we got u. S. Inflation numbers coming in the hotter than expected. This friday we are facing a modest retreat in asian stocks after a two day gain. Hares flipping at the closing chinese trade headlines the agenda which comes after trump complained. Malaysia,e gdp plus japan, and india. Theill

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