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Fourth quarter bottomline estimates. We will break down the results ahead of disneys highly anticipated streaming platform debut. But first, to our top stories. Facebook continues to struggle to regain trust over how it handles user data. But that has become more complicated. There has now been a leak of internal documents suggesting business considerations outweighed those privacy concerns. It is something that facebook publicly touted when it decided five years ago to cut off tens of thousands of developers from its platform. To discuss, im joined by Bloomberg Technologys sarah frier, as well as ben brody in washington. Sarah, let me start with you. You covered this story. What do we know from these leaked documents so far . Reporter the documents give us this interesting internal picture in a way we really havent seen before of how these decisions are made and the difference between how they are discussed internally and h ....
More on his life and story at oracle. Making the rounds a day after telling georgetown students and vanek faculty wont Police Political speech, Mark Zuckerberg made the rounds. Rst or top story bloomberg has learned that softpa bank is putting together a financial play for wework. It may value it below 8 billion. That is far blow. It has been considering plans from different areas. Joining me to discuss is a partner from manhattan ventors, and Sarah Mcbride who is who has been tireless on all things softbank. What about this . It is even lower than expected, around 8 billion. That come pairs to around 47 billion at the start of the year. So a huge drop there in under 12 months. Andrea, if you take a look at 8 billion, are we getting closer to fair value . I think we are. Overall, something i like to onsider, being in a ....
More on his life and story at oracle. And making the rounds a day after telling georgetown students and faculty he wont Police Political speech, Mark Zuckerberg talks to political outlets. What he had to say. First, our top story. Weworks valuation sinking lower. We have learned that softbank is putting together a financial play for wework. It may value the company below 8 billion. That is a fraction of the valuation it commanded as recently as january. Since its initial public offering, they have been considering plans from softbank and j. P. Morgan chase. A partner from manhattan vendors, and sarah mcbride, who has been tireless on all things softbank. What did we learn about this new valuation . Lower thans even expected, around 8 billion, and as you said, that compares to around 47 billion at the start of the year. A huge drop in under 12 months. You take a look at 8 b ....
Rating. Pivotal Research Calls the stocks first to our top story. Facebook has suspended tens of thousands of thirdparty apps that were using the companys developer tools as part of a review facebook started following the cambridge analytical privacy scandal. The number of suspended apps was at 400 in august of 2018. Facebook stated that not all of the apps were necessarily abusing or selling user data. Many were not live when they were suspended. I am joined by bloomberg out of d. C. And San Francisco. Is the fact they are closing down some of these apps showing facebook is finally doing enough . Its unclear if any of these apps were important or relevant. I do think it shows the followthrough. We are going to review all the stuff and take it seriously and see if we can find any apps that are violating these policies. They are actually going out in following through. I think ....
The video streaming Platform Company sees its second sell rating. A pivotal reachers Pivotal Research calls the stocks first to our top story. Facebook has suspended tens of thousands of thirdparty apps that were using the companys developer tools as part of a review facebook started following the cambridge analytical privacy scandal. The number of suspended apps was at 400 in august of 2018. Facebook stated that not all of the apps were necessarily abusing or selling user data. Many were not live when they were suspended. I am joined by bloomberg out of d. C. And San Francisco. Fact they are closing down some of these apps showing facebook is finally doing enough . Its unclear if any of these apps were on were important or relevant. I do think it shows the followthrough. We are going to review all the stuff and take ....