He also said they re open to regulation. that s a big change for facebook. so again they are saying the right things. did he say social media he thinks social media should be regulated. he said it s not a matter of whether to regulate it s how to do it. he opens the door to some regulation. i don t think he is specking dramatic changes but maybe some regulations but cambridge analytica could be in criminal trouble. robert mueller asked for cambridge analytica s documents that s an important note. i want to asked juliette that. the question about whether cambridge analytica or nonfrom the trump campaign provided the russians with the raw facebook data and the disinformation campaign that somehow influenced the election. that s the big and will robert mueller look into that? well he is looking into it. remember in the indictments against the russians facebook is mentioned several times. there is this sort of not we don t know it yet but not yet proved connection between the
brian stelter, what stood out to you in zuckerberg s comments. he is looking to the future thinking about how to avoid some of the embarrassments of the past. in scandal that s consumed almost a week is about data from 2014 that might have been misused in the 2016 presidential election. but we re now close to mid-terms. people are thinking about 2020. as zuckerberg it s not just about the u.s. but countries around the world. facebook is now a global player. it influences elections whether it wants to be a part of them or not. so zuckerberg is saying root he things, talking the talk. we have to see if this company will walk the walk in the future. but i thought this was a positive step that he is talking about security, saying they re hiring more people, trying to manage what is all over facebook. because let s make no mistake, the russian trolls that tried to attack the 2016 in they re getting more creative in future elections. and it s not just russia. you mentioned the 2016 ele
That it bought information that should have not been gathered, at least under facebook s rules. on the other hand facebook knew that it had happened and didn t notify it or try to shut it down. in fact let s be honest here. it did not kick cambridge analytica off the platform until friday night a few hours before matt appear others post-ed the story in the new york times. there is that sort of, you know, timing issue here about what facebook knew and how engaged they were to stop it. let s go back to the first point, which is there is a reason why they didn t do this before. and that s because their business model depends on the selling of information. that business model will have to change or we will have to change. one or the other. but it s you know, we just have to face up to it that facebook is not the victim here. go ahead, brian. i think thinking about cambridge analytica what they are facing. facebook certainly under pressure to come and testify on capitol hill. zucker
Raels wraelz it? i don t buy they woke up to it. they knew about it a couple of years ago. it s a difference what they do and how they make money. they are now going to focus on making money more responsibly. but they re a company. they re not they re not a- they re not a platform. they re a company that wants to make lots of money. and now they are willing to make less. they lost billions this year are they back. this week $50 billion wiped off the value of the stock. the stock is down 8% for the week but bounced back a little bit today, maybe investors saw a buy in opportunity. that s why i brought it up. but listen to juliette s point, brian, he said that they fixed the issue long ago that led to the breach. still, millions of people personal information was compromised. do you think that they can fix that so it doesn t happen again. facebook, think of a room with lots of doors. yes they locked this door. doesn t mean they locked every door as securely as they need to. i t
Election interference, make it so that trolls and other folks can t spread fake news. but we can get in front of this. and we have a responsibility to do this not only for the 2018 mid-terms in the u.s. which are a huge deal this year. and that s just a huge focus of us. but there is a big election in india this year. and in brazil. big elections around the world. and you can bet that we are really committed to doing everything that we need to to make sure that the integrity of those elections on facebook is secured. brian stelter, what stood out to you in zuckerberg s comments. he is looking to the future thinking about how to avoid some of the embarrassments of the past. in scandal that s consumed almost a week is about data from 2014 that might have been misused in the 2016 presidential election. but we re now close to mid-terms. people are thinking about 2020. as zuckerberg it s not just about the u.s. but countries around the world. facebook is now a global player. it influenc