Page 33 - Inside Facebook News Today

Process in which they eked out a minority victory, i think delegitimatizes this president, whether or not any of these little escapades was the determining factor. >> the cause. >> and also i want to push back against the idea that obama -- that obama did this or that other people -- certainly obama scraped facebook data, although not under false pretenses, right? and also a lot of the tools, ive spoken to some early facebook people and people who have worked on facebook privacy, people who work...

Communicate. >> thats the simplest, most clear example of the way the rules havent kept up, right? this idea that you can have covert ads on facebook, people dont know where they come from, that violates fair law in other areas. michelle, jason, eddie, thanks for joining us. breaking news now out of austin, texas, where the police twitter account from that city is now reporting yet another explosion there. weve had nbc news gabe gutierrez on the ground in austin. hes on the phone with the late...

Amount of the content, influenced the election in any way is a pretty crazy idea. >> crazy. mark, as weve reported, backtracked on that. and facebook did even hire fact checkers to deal with the fake news problem. but a new report today in "the guardian clothe notes that face refuses the disclose the data on the checker. and the fake information is still going viral. thats from someone speaking anonymously from inside facebook. so lets take a breath and lets note the huge contrast here for mark ...

This? are we just to assume that theres no such concept as privacy when you play with these big tech guys? >> well, its so new, the companies dont know how to handle it. basically the four big companies, amazon, apple, google, facebook are collecting so much data about you. every time you click and facebook click around, theyre collecting more and more data about you. theyre trying to figure out the model, the government, obviously, in no way is able to keep up. consumers have no idea whats goin...

Having these hackathons where people try to stay up all night and code and come up with new products like time line, like chat, and the valuation is supposed to be at $100 billion. >> in the sort of off market. >> which is going to be one of the biggest ipos of all time. >> im going to ask a very simplistic question versus google. yes, they have close to 1 billion users, but there will be the new facebook, by definition, a social media, and even to zuckerburgs point, he made this cool. so versus...

Waterproof shoes, you click on them. and the question is whether facebook can monetize these 830 million users in a way that makes a lot of money. >> and you saw yesterday, facebook had a big press conference in the natural history museum to address that point, steve. theyve only got about $4 billion of advertising. and if they got $1 of advertising from every user, that would be terrific. but theyre looking to monetize it which is commercialize the site and that may make it less cool. >> the yi...

But two years from now, were going to be talking about xt-4 whatever it is, the 13-year-olds have discovered, oh, my parents are on facebook. >> to your point, donny, myspace was hot, the only game in town until it wasnt and then it was facebook. lets talk about you brought up google. i saw yesterday in the "new york times" the story about apple how people are creating apps are figuring out how to go on to your iphone, steal your address book, steal your photos. im sitting here shocked going, yo...

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If you want to click on any of these stories, it will take you to video. it might take a second here for us to pull it up. >> a popup window first. >> it takes you to video. so anything you see on abc, a lot of the links are posted on this app. you can go there. it is for free in itunes. you can read about it on abcnews.com. we hope if youre not downloading this one youre going to facebook and becoming a friend of our show too. >> one of 18,000, were getting up there, huh? >> it is pretty cool. ...