Page 5 - Self Regulating News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Because they're not self-regulating. >> yeah. and i think it's also worth noting this idea of the business, is it fundamentally broken, another question we have to ask as we have these questions abouteth incompetencii think so and the future of technology. >> facebook has said in the past they welcome some kind of regulation, don't they? >> yeah, but i think a lot of this has taken a long time and taken a lot of bad things to happen for them to get to this point. and, of course, i think they want the right kind of regulation at this point. and i think there's a lot of pressure right now on the...

It. the government has to step in and regulate it and facebook has proven that to us over and over again that they need to be regulated because they are not self-regulating. that's true of a lot of technology companies. look, we have those examples in every industry. why is technology going to be the only industry that the government isn't going to step in to make sure that there is fair practice and truth and trust with consumers or businesses? >> do you think that we fundamentally have to reshape our view of privacy? >> i think we have to reshape our view of business. the business of busines...

People asking follow-ups and seeming to go just fine, john. >> reporter: as they said going into this, i think the attitude in the room was going to be rules smules. the press has always been self-regulating. there's never been a necessity for the white house to lay down any sort of code of conduct for journalists. i think it was very professional today. it was very calm. there were no spirited back and forths between any members of the press either ambassador bolton or larry kudlow or sarah sanders. we got a lengthy briefing on the g-20 from kudlow and bolton. then there were questions about ...

Microphone to white house staff by the next white house questioner. failure to abide by the rules 1 to 3 may result in suspension or revocation of the journalist's hard pass. the president says that it is regretful that it has to come out with these rules, but that what happened in that eastern press conference on november the 7th has really kind of forced their hand here. you know, charles, up until now, all of these interactions that the press has had with the president have been self-regulating. the white house now stepping in, feeling the need to issue some sort of rules of engagement here...

Here's what he had to say. oh, so the sound, what he said was, we're going to be looking into it. he was asked several times and he said, look, we're going to look into it. with a shoulder shrug. >> with many of the things with google and facebook pand twitter, what could cut low be ta kudlow be talking about? >> the issue is can they be regulated. as it stands they can't. there are layers of protections applied to these companies. there's no s.e.c. for tech companies. there some chatter maybe there should be. s.e.c. maybe a fenro like for wall street that's self-regulating. what could they lo...