Sep 21, 2017

09/21/2017: Facebook’s ad trouble, explained

HTML EMBED:
COPY

The drip-drip-drip of news about Russia and the 2016 election continues today. A week or so ago, Facebook said it sold about $100,000 worth of ads to a so-called Russian "troll farm." Today, the company announced it would show the ads to the government. Meanwhile, the company is working to improve its advertising process after ProPublica revealed users could target ads with anti-Semitic keywords. We'll start today's show by explaining all the fires Facebook is fighting. Then: all of Puerto Rico is still without power today, and it could take months to restore service. The utility was already $9 billion in debt. Plus: Google's latest hardware play.

Segments From this episode

Preserving America's movie going history

Sep 21, 2017
Photographer Amy Davis talks about her photo book on the fate of historic movie theaters.
Filmgoers queueing to see Fritz Lang's film 'Man Hunt' in 1941.
Hulton Archive/Getty Images

Frankfurt readies for possible influx of London bankers

Sep 21, 2017
Frankfurt hopes to draw London bankers post-Brexit but some residents have concerns.
Europa Allee, a broad avenue in the center of the city, is one likely destination for the Brexit bankers. Luxury apartment blocks, hotels, shops and leisure centers have been springing up there for more than five years.
Stephen Beard/Marketplace

Facebook fights fires on multiple fronts

Sep 21, 2017
Facebook CEO Mark Zuckerberg announced today that the company will give congressional investigators thousands of social and political ads from accounts associated with a Russian organization known as the Internet Research Agency. And while Zuckerberg was busy detailing that decision, Facebook’s chief operating officer, Sheryl Sandberg, has been dealing with another tricky issue. ProPublica recently […]

What is EDGAR and why do we care if it was hacked?

Sep 21, 2017
The SEC believes "illicit trading" might have occurred after the breach.
The U.S. Securities and Exchange Commission seal hangs on the facade of its building in Washington, DC.
Chip Somodevilla/Getty Images

Why are so many potential workers sitting on the sidelines in this economy?

Sep 21, 2017
The headline unemployment rate we report every month from the Labor Department has been consistently low. According to economists we’re at or near what’s considered full employment.Employers have a record number of job openings, about 6 million right now, and say they can’t find workers to fill them, especially in fields like manufacturing and construction. […]

Puerto Rico faces tough choices in restoring power supply

Sep 21, 2017
The entire island of Puerto Rico is still without power today in the wake of Hurricane Maria. Local officials said it could take months to repair the damage and restore full service. And it won’t be easy. The utility was already around $9 billion in debt before the hurricane and had filed for bankruptcy earlier […]

Google makes a $1 billion bet on hardware

Sep 21, 2017
In the everything old is new again department, Google is betting big on hardware. The company already bought and sold Motorola in the past five years and now Google’s announced it’ll pay $1.1 billion for a chunk of HTC. To be clear Google’s not acquiring the company here. It’s acqui-hiring pretty much the entire engineering […]

The drip-drip-drip of news about Russia and the 2016 election continues today. A week or so ago, Facebook said it sold about $100,000 worth of ads to a so-called Russian “troll farm.” Today, the company announced it would show the ads to the government. Meanwhile, the company is working to improve its advertising process after ProPublica revealed users could target ads with anti-Semitic keywords. We’ll start today’s show by explaining all the fires Facebook is fighting. Then: all of Puerto Rico is still without power today, and it could take months to restore service. The utility was already $9 billion in debt. Plus: Google’s latest hardware play.

Music from the episode

Changes 2Pac, Talent
Get Lucky (feat. Pharrell Williams & Nile Rodgers) - Radio Edit Daft Punk, Pharrell Williams, Nile Rodgers
My Sentiment Universal Togetherness Band
Oye Como Va Santana
Young Folks Peter Bjorn and John