Living and Dying By the Algorithm? - 7/27/18

The Glenn Beck Program

Mercury Radio Arts

News, News Commentary, Politics

4.6 • 25.1K Ratings

🗓️ 27 July 2018

⏱️ 110 minutes

🔗️ Recording | iTunes | RSS

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Summary

Hour 1 Live by the algorithm, die by the algorithm ...Wall Street bloodbath as Facebooks stock takes a nosedive...conservatives have been hurt the most this...Prediction: Facebook is over?...Wayne from Ohio rages against Facebook? ...Dr. Tony Amoury Alkhoury, Middle East Spiritual Case Manager, Mercury One Intern joins Glenn for needed prayers of hope?...Please donate, MercuryOne.org ...America's GDP has skyrocketed Hour 2 Remember to be nice journalists today? ...Bill O'Reilly Friday...Flashback: Reagan vs. Media...'Sam Donaldson despised President Reagan'...today's media is rewarded for bashing Trump?...Listen to Bill 'speculate' on the FBI and Trump?...Bill's Word of the Day? ...Glenn's New Book, Addicted To Outrage'; release date September 18 Hour 3 Wake up California!?... state employee corruption mounts, 'asleep at their desks'? ...Mati Greenspan, eToro, Senior Market Analyst, joins Glenn to discuss the recent Facebook stock plunge...have they seen their last days?...Facebook's long term vision not looking so good now? ...California vs. Texas...the costs of energy?...electricity is required for 'progress' ...Plastic straws are still our enemy? Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	The Blaze Radio Network.
0:05.0	On demand.
0:06.5	Glang. Back.
0:08.0	Well, you live by the algorithm?
0:10.0	You die by the algorithm.
0:12.0	Facebook got straight up slaughtered yesterday.
0:16.0	By the time Wall Street closed,
0:18.0	Facebook shares were down 19%.
0:22.0	Wiping out $120 billion of the company's value.
0:29.0	$120 billion.
0:34.0	To put that into perspective,
0:36.0	that is almost four times the entire market capitalization of Twitter.
0:43.0	Wow.
0:44.0	This is the largest single day wipeout of in stock history.
0:50.0	Mark Zuckerberg himself lost over $15 billion yesterday.
0:56.0	Now, the official reason you're going to hear from business analysts is the media will just say,
1:02.0	well, this comes a day after executives forecast years lower profit margins due to Facebook's concerns over privacy.
1:10.0	And its role in the global news flow.
1:13.0	Yeah. Well, that plays a little bit of a role.
1:16.0	Privacy concerns are definitely real.
1:19.0	The Cambridge Analytica thing was a nightmare.
1:22.0	But the second part of the quote that I just read where Facebook, you know, they're managing the role in the global news flow.
	...

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