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CSPAN2 Facebook Google Twitter Executives Testify On Social Media Regulations... July 12, 2024

Said this hearing will her were turned to order and we understand that senator moran is next so sir you are recognized. Chairman wicker thank you very much and thank you for you and senator cantwell hosting this hearing. Let me address initially this topic that seems to be primary today and then that is of data privacy. Let me ask all three witnesses how much money does your company stand annually on content moderation . How many people work in general in the area of content moderation including by private contract . Let me start with those two questions and ultimately want to ask you how much money does your company spend independently on lawsuits for content. See that mr. Zuckerberg do you want to go first . Senator we have more than 35,000 people who work on content and safety review and i believe our budget is multiple billions of dollars a year, upwards of three or maybe even more billion dollars a year which is a greater amount in revenue in the sense that we are spending more on ....

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CSPAN Facebook Google Twitter Executives Testify On Social Media Regulations... July 12, 2024

Said this hearing will her were turned to order and we understand that senator moran is next so sir you are recognized. Chairman wicker thank you very much and thank you for you and senator cantwell hosting this hearing. Let me address initially this topic that seems to be primary today and then that is of data privacy. Let me ask all three witnesses how much money does your company stand annually on content moderation . How many people work in general in the area of content moderation including by private contract . Let me start with those two questions and ultimately want to ask you how much money does your company spend independently on lawsuits for content. See that mr. Zuckerberg do you want to go first . Senator we have more than 35,000 people who work on content and safety review and i believe our budget is multiple billions of dollars a year, upwards of three or maybe even more billion dollars a year which is a greater amount in revenue in the sense that we are spending more on ....

New York , United States , As Iran , Az Arbayjan E Sharqi , Duckworth Smith , Youtube Kipp , Zuckerberg Dorsey , Pichai Google Youtube , Money Company , Many People , Revenue Company , Company Year , Better Technology , Technology Audit , Company Currently , User Content , Small Businesses , Consumer Data Privacy , Data Privacy , Cambria Analytica , Privacy Program , Financial Regulation , Google Youtube , Company Invested , Allies Congress , Congress Propaganda ,

FBC Cavuto Coast To Coast July 12, 2024

Most republicans say theyre not fair to conservative speech, for that matter, conservative stories. Theyre more inclined to go after more liberal content. It went way beyond that to talk about the Business Model themself. Whether they need the protections of this 230, section 230 here you know a good deal about. This is part of the 1996 Telecommunications Act that would shield them from liability for third party speech, speech that seems to be offensive or just wrong but theyre calling into question whether that protection should be allowed to them or they should be treated like regular publishers of content. Theyre obviously deadset against that. To varying degrees their business depends on it. It is a reminder here that they are being called in. Democrats were questioning the timing of all of this. You know, right now, just days ahead of the election. But the fact o ....

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BLOOMBERG Bloomberg Markets European Close July 12, 2024

Europe here. We initially saw quite a negative story coming out of europe. In the United States, maybe some stimulus talks helping propel the story a bit higher. The s p up by over 1 . The euro has come back. It is still negative on the day. We did have a 1. 16 handle. We now have a 1. 17 handle, but we have seen continuing dismal inflation data out of the eurozone. Yesterday was germany. Today it is france. A 0. 6 print. We get the final number friday. Alix totally different from the u. S. , in that we are able to generate some inflation. Christine lagarde with her strongest signal that the ecb will change its goal. She said it may be worth examining a strategy that allows inflation to temporarily rise above the target rate, similar to the feds shift. We need to thoroughly analyze the forces driving inflation dynamics today, and consider whether and how we should adjust our strategy in response. The anchoring of fixed rate expecta ....

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CNBC Squawk Box July 12, 2024

The sessions you want to take a look at whats happening with u. S. Equity futures this morning. Dow futures up 10 points, s p up by three we are still under water for all three major averages even after the gains we saw yesterday the dow down about 3 . The nasdaq is down 5. 6 also bumping up against the end of the quarter. Major averages still in positive territory. Youll see now, it looks like the 10year is sitting at 0. 65 of 1 . Andrew, welcome back thank you, becky House Speaker pelosi said democrats proposed a new 2. 2 trillion relief bill saying it is a compromised measure with in funding for schools and airlines white house chief of staff saying President Trump would be willing to sign a 1. 3 trillion relief package well see, guys where this all heads. Inching along we went from 2. 3 to 2. 2. I dont know where the white house is
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