The very ne day i want to say that i recognize the challenging position that social Media Companies are in. Your platform host more t the world vws to stay informed, so youre on the frontine of both domestic and foreign disinformation campaigns, and you have to balance american ideals like freedom of speh, ou have to eliminam limit hate you have to limit meaningless information. Thats a significant challee. I saw one of the people w came hereo demonstrate last weekend in washington saying theyre there because they found out that china had, e minute before th polls closed, dumped llions of votes for joe biden. Somebody sa, well, what do you mean . They said, ell, it was on the internet. Its got to be curate. But now your platforms have taken some positive eps. I mentioned that one thing and i heard that people are tang seriously some of this misinformation, sometimes dangerous misinformation, theyve gotten it from your platforms. I often think you can and mus dobetter. Our security, i t
Sen. Graham i think we have senator blumenthal remotely, is that correct . Is it ok if we move forward . Sen. Blumenthal absolutely. Sen. Graham this is about censorship and suppression of 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, chemically do we need to do better . The first thing i want to talk about here is health risk associated with social media. A 2018 Pew Research Center survey of nearly 750 13 to 17yearolds found that 45 are online almost constantly and 97 use social media platforms such as youtube, facebook, instagram, or snapchat. If 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 left and the right. And what were trying to do is look at section 230 an
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
Stocks stumbled out of gate. This is blowoff of november to remember. Reversal that may have been sparked by record homebuilder sent meant. Some think the market is too optimistic and toppy. They say it has gone full bull. Is it time to buy or sell. Of course those ceos of facebook and twitter, they are more contrite this time around in latest capitol hill hearing. Republicans and Democratic Senators are both admonishing them for abuse of power. Well continue with a life report, get reaction from tennessee senator Marsha Blackburn. All that and so much more on making money. Charles a little bit after trap door as the market opens for trading today. The s p 500 now though, remember yesterday hit new alltime highs. So the selling really is natural considering that it has been 12 trading days in november where the s p is up almost 11 . The dow is up more than 13 . In fact there is sort of a growing feeling the market is ahead of itself. That is the conclusion which bank of america in its
Other, whose platform and has done more to protect the 2020 president ial election. Mark zuckerberg is going all in on the claim that facebooks moves have been historic. They have done more than any other country in history to make sure bad, fake information about this election is staying off of their platform. I will paraphrase something he said. They introduced new policies to combat Voter Suppression and misinformation and we worked with local Election Officials to remove hundreds of thousands of false claims about polling conditions. That he worried could have led to Voter Suppression. There is one thing so far in this hearing everyone agrees on, that is which posts stay up on these platforms, which come down and which get slapped with warning labels should definitely not be up to the u. S. Government. Take a listen. When it comes time to flag content as being reliable or not reliable do either one of you believe that the government should do that . I dont believe so. I think that