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Transcripts for MSNBC The Katie Phang Show 20240604 12:54:00

Intended to, you know, force accountability on a company like this. for example, facebook they were fined five billion dollars in 2019 for violating consent order. on top of that, there are issues of actual criminal liability. so, it s serious business. that big exodus is some serious pretty bloodletting at a very bad time for you on lock. you know, this morning s cover of the unit or post, edward, poked fun at the fake accounts it was really off at the beginning of your segment, calling it a god awful mess, and a 44 billion dollar soap opera. a lot of those fake accounts, they seem really silly, but let s be frank, this is serious stuff. so, what kind of implications do these fake, not verified, blue checked account have not just for the use of twitter, which includes, me i m a pretty avid user, before others in terms of the disinformation and the spread of it? yeah. ....

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Transcripts for MSNBC The Katie Phang Show 20240604 12:52:00

Us that list of exodus of executives growing. chief information security officer, the chief privacy officer, the chief compliance officer, the head of moderation and safety, all gone. you, where the head of the product team at twitter devoted to civic integrity. you left the company in september, read for all this very public chaos. did you have any foresight with how bad was going to get? first of all, good morning katie, and thanks for having me. i will say candidly that i didn t anticipate that this much chaos could happen this quickly. in terms of things you mentioned, i think that the fact that the ftc has publicly expressed its concerned about how quickly some of these product launches are moving, they ve been sloppy and they re posing risks to the users, the fact that this is happening this fast is a great concern and i would not really have anticipated. i think, everybody is pretty disappointed. edward, let s talk about that ftc thing. ....

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Transcripts for MSNBC The Katie Phang Show 20240604 12:51:00

From lebron james demanding a trade, to pepsi saying koch is better, and nestle jokingly revealing its trade secrets. apparently even jesus christ himself to get that blue check mark. i guess elon musk has a pretty high reach. but there are some serious implications here. disinformation is spreading, and notorious figures with neo-nazi tights, they got their blue checks back. as of friday, the subscription service has been put on pause. speaking with 36 current employees. must barreled in with the ideas of how the social service had should operate with no comprehensive planned with. joining me now former director of product management of twitter, and current member of the oh seconds to do. edward perez. edward good morning, thank you so much for joining. ....

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