Page 36 - Andy Kessler News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Look at what tv networks make on campaigns. every four years it's a huge growth in revenues for tv campaigns. facebook should say this is our business, stop stealing our data, we're going to leverage it ourselves. i look at it as a positive, as a new business opportunity. >> paul: their model has been we'll get content for free, they'll get andy kessler's column and run advertising against it. they don't pay andy kessler. they don't pay the wall street journal. is that basic model, free content and putting advertising against it, is that going to be in jeopardy because of this is a little diff...

Bunch of years ago, users were up in arms, i'm going to quit and yet the numbers went up and up. it's a very addicting platform and they seem to be able to do the right thing. >> paul: andy kessler, thanks for being here. still a ahead as calls grow for hearings on the facebook breach, can regulation on social media be far behind? we'll ask our panel, next. we took legendary...

Silence on the growing furor wednesday apologizing for the breach and promising to do better. >> this was a major breach of trust and i'm really sorry that this happened. we have a basic responsibility to protect people's data and if we can't do that, then we don't deserve to have the opportunity to serve people. >> paul: andy kessler was a co-founder and president of velocity capital management. he also writes the inside view column for the wall street journal. good to see you, andy. how are you? >> i'm doing great, thanks. >> paul: taking a look at this news about facebook and cambridge anal...

At this as a profit possibility. look at what tv networks make on campaigns. every four years it's a huge growth in revenues for tv campaigns. facebook should say this is our business, stop stealing our data, we're going to leverage it ourselves. i look at it as a positive, as a new business opportunity. >> paul: their model has been we'll get content for free, they'll get andy kessler's column and run advertising against it. they don't pay andy kessler. they don't pay the wall street journal. is that basic model, free content and putting advertising against it, is that going to be in jeopardy...

tightly coiled spring. david: we will tell you what drove the market today with the data download. stocks rose a better-than-expected economic data, all three major indices posted gains breaking a two-day losing streak. the top performers, energy of course was the worst performing sector with oil dropping as it has. a lot of action in the commodity pits. posting this against biggest drop in two months. crude closed down 3.5% now trading $91.97 per barrel. high inventories drove the losses. u.s. existing home sales jumped 7.9% in august from one month earlier to a seasonally adjusted ...