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FT News Briefing

Facebook under fire for burying research into mental health impact

FT News Briefing

Forhecz Topher

News, Daily News, News & Politics

4.41.3K Ratings

🗓️ 1 October 2021

⏱️ 11 minutes

🧾️ Download transcript

Summary

Read a transcript of this episode on FT.com

https://www.ft.com/content/5f0402b7-812a-4314-aba1-cee242f9e161


US senators are pressuring Facebook to release all its internal research into how its products affect users after a series of revelations about the harm some its platforms cause to vulnerable groups including children. FT European technology correspondent Madhumita Murgia argues that it’s time for Facebook to turn off its digital advertising firehose. FT markets editor Katie Martin deciphers the message from this week’s bond market activity. And FT science editor Clive Cookson discusses how artificial intelligence can improve weather forecasting .


Facebook pressed to release research on how its platforms affect users

https://www.ft.com/content/b0e387f4-4a2f-49d3-9852-f8cf7dcc211c


Time to turn off Facebook’s digital fire hose

https://www.ft.com/content/d5dcfece-4e3c-4937-81ac-20dc736c4c27


Global bond market set for worst month since early 2021

https://www.ft.com/content/42e62e77-f830-4e5a-895f-7837a72847b0


DeepMind and UK’s Met Office use AI to improve weather forecasts

https://www.ft.com/content/602235aa-7039-472a-80cf-55fa3519ea06


The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann, Michael Bruning, and Persis Love. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley. 


Hosted on Acast. See acast.com/privacy for more information.

Transcript

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0:00.0

Good morning from the Financial Times.

0:01.6

Today is Friday, October 1st, and this is your FT News Briefing.

0:08.8

The recent sell-off in government bonds is sending a message about the global economy,

0:12.6

we'll talk about what it's signaling, and artificial intelligence could improve weather forecasting.

0:18.6

Say you're in a at Wimbledon, tennis, and you want to know when the rain is going to sweep in

0:24.5

and stop play or to cricket match. That can really help scheduling at a short time.

0:30.5

But first, Facebook. It's in the hot seat again after revelations that the company knew that

0:35.6

its social media sites were harming teens and it didn't do anything about it.

0:40.1

And our European Technology Correspondent, Matamita Mergea, says it may be time to turn off

0:45.1

Facebook's digital fire hose of ads. I'm Mark Filippino and here's the news you need to start your day.

0:55.5

Facebook was hammered yesterday by U.S. lawmakers from both political parties.

1:02.4

They hauled the company's global head of safety up to Capitol Hill for questioning.

1:06.6

The hearings were called after a Wall Street Journal investigation revealed that Facebook

1:10.8

knew of the harm it was doing to teens and other vulnerable users. Here's Democratic Senator Richard

1:16.6

Blumenthal. We're here today because Facebook has shown us once again that it is incapable of

1:24.4

holding itself accountable. We now have deep insight into Facebook's relentless campaign to

1:33.7

recruit and exploit young users. Also, it is you is Facebook's advertising. It's the engine

1:41.8

of the company's profits and it's Facebook's advertising algorithms that determine the ads you

1:46.9

see on your social media feed. GFT's Matamita Mergea looked into this and wrote a column that says

1:52.0

despite the company's claims that users can control what they see, people really can't control

1:57.6

what ads show up. Matoo joins me now to talk about this. Hey, Matoo. Hi, hi, Mark.

2:03.7

Matoo, you start your column with a story, a really sad story actually about how these ads can

...

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