Dan Gallagher

speaker

617 appearances 15 recordings 1 series first heard Sep 2017 last heard Nov 2019

Dan Gallagher’s voice in public audio — every appearance, attributed to the second.

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WSJ Your Money Briefing · Facebook Has a Trust Problem Among Its Users · 21 Mar 2018 podcast

Yeah, it is. voice-verified

And like we said, pretty much since the 2016 election, you know, there's been all these questions about it. voice-verified

I think this is the most significant impact we've seen on the stock because I think, one, there – voice-verified

Part of it is the notion – I think there was some misunderstanding out there that Facebook got hacked and the data was stolen. voice-verified

It was more a sense of it was shared with a firm under some policies the company had a few years ago. voice-verified

And it turns out that firm may have broken the policies and shared the data. voice-verified

So the story may be a little more complex than some people had realized. voice-verified

But I do think it does cut to the basic value proposition for the 1.4 billion people that go on to Facebook every day right now. voice-verified

Facebook really can't afford to have a high number of them start to think, is this a place I should spend time at? voice-verified

Because how am I exposed here? voice-verified

What am I seeing? voice-verified

All these things build up into the idea of how quality is the Facebook experience for people who are using it. voice-verified

And if those people start not using it as much or coming off it, then that really cuts to the core of what voice-verified

Facebook makes its money, which is selling advertisers access to you. voice-verified

Well, you know, because social networking, you could argue, has now become a part of a voice-verified

in terms of, you know, people use it to stay in touch with relatives. voice-verified

A lot of people use it for business purposes. voice-verified

Small businesses use it very frequently. voice-verified

So it's, and it's something that it's not, the same thing doesn't really exist. voice-verified

It's not like there's a big alternative that you could go to where you think, okay, maybe my data is safer here. voice-verified

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