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MarketFoolery

Can Facebook Pivot to Privacy?

MarketFoolery

The Motley Fool

Money, Business, Motley, Business News, Stocks, News, Investing, Market, Fool

4.71.7K Ratings

🗓️ 7 March 2019

⏱️ 20 minutes

🧾️ Download transcript

Summary

In a blog post on Wednesday, Facebook CEO Mark Zuckerberg said that Facebook wanted to become a "privacy-focused communications platform." What would a move toward privacy mean for investors? Analysts Ron Gross and Jason Moser discuss Facebook’s need for privacy and dig into earnings news from Barnes & Noble and Kroger.

Transcript

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0:00.0

It's Thursday March 7th. Welcome to Market Foolery. I'm Matt Greer and joining me in

0:06.4

studio we have Motley Full analyst Ron Gross and Jason Moser. Gentlemen

0:10.9

welcome how are we doing?

0:12.6

How you doing that?

0:13.6

We're well, you?

0:14.9

I'm doing good.

0:15.8

You looking good?

0:16.8

You know, you have to kind of say that, right?

0:19.1

I will tell you this, I do have a new shirt on,

0:21.0

and I'm feeling better than Barnes and Noble and Kroger are feeling today.

0:25.0

So write that to business.

0:27.0

There you go. Right down to business.

0:28.0

The Kirkland sure.

0:29.0

That is not a Kirkland.

0:30.0

On the, there you go.

0:31.0

The day as is Costco earnings come out at market clothes I thought maybe a

0:35.4

Kirkland shirt would give them a little you think I'm a one-trick pony you think that's the only place

0:39.6

No, I think you got a lot of tricks there no question there I just know your loyalty to

0:43.3

Kirkland I admire it okay so guys it was a and it is a bad day for Barnes and

0:48.1

Noble and Kroger we're gonna get to that but we begin with big news from

0:51.3

Facebook in a blog post on Wednesday, Facebook founder and

0:55.2

CEO Mark Zuckerberg said he wanted Facebook to become a quote privacy focused

...

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