Page 39 - Inside Facebook News Today : Breaking News, Live Updates & Top Stories | Vimarsana

So what she was saying here was that they want to -- the focus of facebook since its start has been on growth, growth, growth, and an obsession with growth. and so anything that gets in its way, they find to be a problem. and when you build an architecture where virality rather than context or speed rather than accuracy, you're going to run into -- it's very easy. you don't have to be a computer scientist to understand the human hate can be made into a twitchy, angry organism rather quickly. by the way, you can do the opposite and make a lot of money. look at snapchat. look at tiktok. they als...

Transparent. as much as they hate it, they're going to have to do that because now employees are going to be throwing documents over the wall, and it's not going to look good. and so the best thing we can do is really work together and recognize they have a problem. and that they're critically important and that they have no accountability. now, they can say, we call for regulation, but none of it matters if the ceo can never be fired. i mean, think about that. someone who runs the biggest communications medium in the history of the world cannot be fired. and to the utility thing that you were...

Instagram, negatively impact kids. >> kids who are bullied on instagram, the bullying follows them home. it follows them into their bedrooms. the last thing they see before they go to bed at night is someone being cruel to them or the first thing they see in the morning is someone being cruel to them. >> reporter: senator richard blumenthal calling the revelations jaw-dropping and comparing facebook to big tobacco. >> it is documented proof that facebook knows its products can be addictive and toxic to children. and it's not just that they made money, again. it's that they valued their profit ...

Content on the system, the re-shares over the impacts to misinformation, hate speech, or violence incitement. >> reporter: haugen testifying to the senate about what the company did and did not do to confront the spread of misinformation leading up to the 2020 election and beyond. >> 60 minutes, you said that facebook implemented safeguards to reduce misinformation ahead of the 2020 election. but turned off those safeguards right after the election. and you know that the insurrection occurred january 6th. do you think that facebook turned off the safeguards because they were costing the compan...

Months. markets have been hitting record highs back in september well before facebook's most recent issues and allegations when it comes to misinformation. traders and investors given a reason to fail stocks. they began to rise back in august and those rising rates can lead to lower growths in the future for these tech companies and media companies, they also change the assumptions of whether stocks are no longer a relative value. some of the hardest hit companies in the market since the sell-off really took hold have not been facebook but other social media companies, we are talking twitter a...