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Transcripts For CNBC Squawk Alley 20240711

Good Tuesday Morning welcome to squawk alley. Im Carl Quintanilla with jon fortt. Its a mixed fwoog day retail earnings, amazon pharmacy, covid19 restrictions, fed speak. Were going to begin this morning on capitol hill as both Mark Zuckerberg and jack dorsey testify before Senate Judiciary on censorship, suppression, and, of course, the 2020 election our Julia Boorstin is monitoring this and can tell us what happened so far. Julia . Well, carl, senator Lindsey Graham focusing on what he sees as a need to revise section 230, thats the rule that protects social media platforms for legal liability for content. He says facebook and constituenter wetwitter were making editorial decisions and far more transparent standards are necessary. He called out the Mental Health risks associated with social media use. On the other side of the aisle, richard bloomenthal, he is calling for breakup of the platforms. Mark zuckerberg supports change to section 230 dorsey pointing out they need to walk a f

Transcripts For CSPAN3 Facebook Twitter CEOs Testify Before Senate Judiciary Committee 20240711

Good morning, everybody. I think we have senator blumenthal remotely, is that correct . Mr. Chairman. Is it okay, senator blumenthal, if we move forward . Absolutely. Thanks very much. Okay, ill make a brief Opening Statement and this is about censorship, suppression and 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 . Do we need to do better . So the first thing i want to talk about here is Health Risks Associated with social media. A 2018 Research Center survey of nearly 750 13 to 17yearolds found that 45 are online almost constantly. A 97 use social media platforms such as youtube, facebook, instagram or snapchat. 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 le

Transcripts For RT CrossTalk 20240712

Mind that before the American Civil War we said the american the United States are an after the civil war he said the United States is because in the end its very in its a very interesting discourse of difference because when we look at it as a collective of states making a country and now after the civil war we look at it is unified here and it seems to me were. Digressing back because its the United States are now because of all of the divisions that we have and we have this mantra of blues daves red states and as i said in my introduction theres a lot of hostility to it to people that you deem as your opponent how do you reflect upon that well im glad that you brought up the civil war because as we talk about how polarized things are and how much we point to people as the enemy. Thats important Historical Context to bring up when people talk about this being unprecedented its not really any in this country didnt fact have a civil war 170 years ago which in the grand scheme of histor

Transcripts For RT CrossTalk 20240712

An after the civil war he said the United States is because in the end its very in its a very interesting discourse of difference because when we look at it as a collective of states making a country and now after the civil war we look at it is unified here and it seems to me were. Digressing back because its the United States are now because of all of the divisions that we have and we have this mantra of blues daves red states and as i said in my introduction theres a lot of hostility to it to people that you deem as your opponent how do you reflect upon that well im glad that you brought up the civil war because as we talk about how polarized things are and how much we point to people as the enemy i think thats important Historical Context break up when people talk about this being unprecedented its not really any in this country didnt fact have a civil war or. 117 years ago which in the grand scheme of history is not that long of a period of time so i think that period is really ins

Transcripts For RT CrossTalk 20240712

That you brought out between seeing is in our unfortunately weve seen throughout history i was a history major in college so i love. I love history and i like to learn from history i wish perhaps one of our citizens felt the same way but when you when you look at that is how were going back to it we can weigh now throughout periods of history in terms of whether we go through these periods that are more partisan less partisan and i think that this is kind of a natural progression of just building up lots of things that have happened since the civil war so i think that its unfortunate and i think its something that i wish perhaps maybe more people were paying attention to this is a topic that comes up repeatedly is that somebody who holds an opposing view from you doesnt necessarily have to be your moral enemy but as part of that weve seen civil discourse has been waning when i you know i just referenced that. Throughout history we see some of these concepts wax and wane thats one thats

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