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Squawk Pod

Facebook’s Civil Rights Zoom Call; The New College Campus

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2543 Ratings

🗓️ 8 July 2020

⏱️ 35 minutes

🧾️ Download transcript

Summary

"There are no nuances to white nationalism.” Over 750 companies have agreed to pull or pause their Facebook advertising spending as part of the Stop Hate for Profit campaign. After a virtual meeting about moderating racist content with Mark Zuckerberg, Sheryl Sandberg, and other Facebook executives, the organizers of the boycott expressed deep disappointment. Anti-Defamation League CEO Jonathan Greenblatt, one of the organizers and participants in the civil rights Zoom call, urges Facebook to see and act on the “thick black lines about what’s in bounds and out of bounds” when it comes to upholding civil rights on its platform. Plus, Purdue University President Mitch Daniels lays out his plan for reopening campus and keeping students safe in the fall semester.

Transcript

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0:00.0

This is Squawk Pod. I'm C. NBC producer Katie Kramer today on our podcast.

0:06.0

Facebook met with civil rights leaders to discuss racism on the world's biggest social network.

0:11.0

Jonathan Greenblatt CEO of the Anti-Defamation League

0:14.3

was in the room virtually and is deeply disappointed.

0:17.6

Facebook needs to decide do they want to host the Aryan Brotherhood on their

0:21.8

platform because that's what they're doing now.

0:24.6

They've organized the Stop Hate for Profit Campaign to mobilize Facebook's advertisers to boycott

0:28.9

the platform, but CEO Mark Zuckerberg thinks Facebook and its stock price can bounce back.

0:34.1

They believe all the advertisers will be back.

0:37.3

They believe this ad pause will end and things will revert back to normal.

0:42.4

But this is back to normal.

0:42.7

But this is the new normal.

0:44.8

And Purdue University President Mitch Daniels

0:47.0

on reopening for students in the fall.

0:48.9

No one says this will be easy, but because of not attempting it, I think in the lives of, in our case, tens of thousands

0:58.0

of young people would not be acceptable.

1:01.6

It's Wednesday, July 8,, 2020, Squack Pod begins right now.

1:07.0

Good morning everybody. Welcome to Squack Box here on C.M.C. I'm Becky Quick, along with Joe

1:11.4

Kurnen and Andrew Ross Sorkin.

1:13.0

First up on today's podcast, Facebook under fire.

1:18.0

Still, well over 700 corporations, including big ones like Coca-Cola and Unilever, have pulled or paused

1:24.8

their advertising spending with Facebook, prompted by the Stop Hate for-profit

...

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