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The very ne day i want to say that i recognize the challenging position that social Media Companies are in. Your platform host more t the world vws to stay informed, so youre on the frontine of both domestic and foreign disinformation campaigns, and you have to balance american ideals like freedom of speh, ou have to eliminam limit hate you have to limit meaningless information. Thats a significant challee. I saw one of the people w came hereo demonstrate last weekend in washington saying theyre there because they found out that china had, e minute before th polls closed, dumped llions of votes for joe biden. Somebody sa, well, what do you mean . They said, ell, it was on the internet. Its got to be curate. But now your platforms have taken some positive eps. I mentioned that one thing and i heard that people are tang seriously some of this misinformation, sometimes dangerous misinformation, theyve gotten it from your platforms. ....
Youre watching cspan2. Your unftered view of government. Created by americans Cable Television companies emma is a public service, and brought to you today by your television provider. Acebook market zuckerberg and twitter Ceo Jack Dorsey testified about the president ial election helped erica manng misinformation online. From this in a jewish inhe judiciary committee. This is four hours. Good morning everybody. I think weave senator blumenthal remotely, is that correct. And is it okay if we moveha forward. Absolutely and thank you very much. I will make a brief Opening Statement and this is about censorshipuppression in the 2020 election. Sort of a deep dive when i facebook. Witter and about the platforms and the decisions they make and how they make them. Can we do better. Do we need to do better. So the first th ....
The s p up 11 the dow up nearly 13 on pace for its best month since january of 1987. The nasdaq up about 12 . Check out the small caps because the russell 2,000 is up almost 21 in november alone. Thats the stock world but, melissa, our other favorite topic, bitcoin thats been moving a lot, too. Maybe joes favorite topic, at least bitcoin after recently hitting 16,000 were seeing it recoop some of those losses in recent days its up by almost 2 today, above 18,000, 18,540 guggenheim is reserving right for 5. 3 billion Macro Opportunities Fund to invest up to 10 in the Gray Scale Bitcoin Trust which is only invested in bitcoin and of course this follows many large investors including stanley drunken miller voiced support for this krip cro currency, joe. Yes, it has been getting traction interesting recent trading and good to see you, melissa and andrew its to ....
Sen. Graham i think we have senator blumenthal remotely, is that correct . Is it ok if we move forward . Sen. Blumenthal absolutely. Sen. Graham this is about censorship and suppression of the 2020 election. Sort of a deep dive when it comes to twitter and facebook about the platforms and the decisions they make, how they make them, can we do better, chemically do we need to do better . The first thing i want to talk about here is health risk associated with social media. A 2018 Pew Research Center survey of nearly 750 13 to 17yearolds found that 45 are online almost constantly and 97 use social media platforms such as youtube, facebook, instagram, or snapchat. If so why are we having this hearing . The products that these two companies offer, people like and they use. So the bottom line is theyve probably been more successful than their wildest dreams, and theyre having to make decisions that offend people on the left and th ....