Axios Profile picture
6 Oct, 5 tweets, 2 min read
Facebook whistleblower Frances Haugen gave rare insight into the company’s operations during her Senate testimony.

Here are 4 takeaways from the hearing:

trib.al/YB0LAn8
1. Facebook knows that some of its platforms are harmful to certain populations, including teenagers — but targets them anyways, Haugen says.

During the hearing, she proposed increasing the minimum age for anyone using social media from 13 to 17.

axios.com/takeaways-face…
2. Democrats and Republicans both agree Facebook should be regulated — and Haugen called on lawmakers to make it happen.

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3. Facebook allegedly devotes less time researching misinformation and hate speech on non-English content.

Haugen: “It is pulling families apart. And in places like Ethiopia, it is literally fanning ethnic violence.”

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4. Haugen says that “almost no one outside of Facebook knows what happens inside Facebook.”

"The company intentionally hides vital information from the public, from the U.S. government, and from governments around the world.”

axios.com/takeaways-face…

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More from @axios

6 Oct
WATCH: @joannmuller hosts a conversation on what's next in the development of autonomous vehicles, featuring Rep. @cathymcmorris and @JohnDeere CTO Jahmy Hindman.
twitter.com/i/broadcasts/1…
Rep. @cathymcmorris: "We are going to move to driverless cars. It is our future, and it may be as big as when we moved from horse and buggy to the first Model T Ford way back when."
Rep. @cathymcmorris: "This is the time, this should be the Congress to strike a deal and move forward on a national framework for autonomous vehicles."
Read 5 tweets
5 Oct
🎤 Virginia gubernatorial candidate Terry McAuliffe is tugging on the heart strings of Taylor Swift fans with new digital ads highlighting rival Glenn Youngkin's bad blood with the music star.
axios.com/virginia-gover…
While Youngkin was co-CEO of the Carlyle Group, he helped fund the sale of Swift’s record label, Big Machine Label Group.

Swift has complained publicly about her battle with the Carlyle Group and Scooter Braun over the rights to her songs.
axios.com/virginia-gover…
The McAuliffe campaign told Axios the ads will be micro-targeted to those who are Googling Swift’s name in Virginia ahead of the Nov. 2 election.
axios.com/virginia-gover…
Read 5 tweets
5 Oct
WATCH: @sarafischer, @AxiosNick and @AjaWMoore discuss the value of workforce development in a rapidly changing job landscape, featuring Sen. @MarkWarner, @RepAdams and @SpelmanCollege President Mary Schmidt Campbell.

trib.al/fUNpP96
@sarafischer @AxiosNick @AjaWMoore @MarkWarner @RepAdams @SpelmanCollege .@MarkWarner on the need for federal investment in workforce development: "I think regardless of what we end up with on reconciliation, we're going to have to come back and revisit this workforce development issue in a much, much broader way."
.@SpelmanCollege President Mary Schmidt Campbell: "It's really imperative for those of us who are in the fields of education to think about how we educate for the future. Whatever job exists now could potentially disappear in the next five years."
Read 5 tweets
3 Oct
1/ JPMorgan CEO Jamie Dimon answers a speed round of questions for #AxiosOnHBO, covering:

🤝 Trump vs. Biden
💼 Best CEOs
🤑 Bitcoin
🇺🇸 Best + worst of government
2/ 🤝 Comparing Trump vs. Biden

On Trump: "Very different alone than public. He's not that same way in the public."

On Biden: "Same in public in private and is very civil. ... Wants to help everybody."
3/ 💼 Best CEO not named Jamie Dimon?

"Jeff Bezos ... Tim Cook."

On what makes them great: "Innovation, drive. Serving customers."
Read 5 tweets
2 Oct
🧵: The story of Ozy became so viral so fast because it highlighted the worst parts of every industry in America: naive investors, digital media outlets faking their numbers and over-zealous startup founders toeing the line between dishonesty and delusion.
axios.com/how-ozy-fell-2…
Ozy Media was built on years of lies that together created a false narrative about its business, financials and culture, according to documents obtained by Axios, and dozens of conversations with former employees, investors, business partners and advisers.
axios.com/how-ozy-fell-2…
• One source said that more than 95% of viewership for “The Carlos Watson Show” was paid

• Another said the company bought most of its social media following

• Two sources said execs included social media interactions in overall reach metrics
axios.com/how-ozy-fell-2…
Read 5 tweets
30 Sep
WATCH: @sam_baker + @TreedinDC discuss how COVID-19 has exacerbated America’s opioid crisis in conversations with @SenCapito + @NIDAnews Director Nora Volkow.

twitter.com/i/broadcasts/1…
.@SenCapito on refocusing on the opioid crisis: "We just need to really focus on what's working and what doesn't work. We need to just move it on the wayside and say that didn't work, it doesn't work, and let's put the money where it does work." Image
@sam_baker @TreedinDC @SenCapito @NIDAnews .@SenCapito: "I think what we saw with the COVID reaction is what we need to be doing...that's prevention and education that is starting at the lowest levels of our grade schools and junior highs to talk about the consequences of drugs, to talk about what can happen." Image
Read 4 tweets

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