If you are debating, I'd go for the extra cup of coffee. I'm guessing today will be another long day.
Protestors in London. Photo: Victoria Jones/PA Images via Getty Images
In yesterday's Login, experts weighed in with a number of ways Facebook could sensibly rein in conspiracy theories on its site.
Yeah, well, that didn't happen. Instead, the company doubled down on its policies, rejecting calls to remove an Alex Jones video in which the InfoWars founder attempts to link Robert Mueller to child rape and then pantomimes shooting the special prosecutor.
The big picture: This is just one of a half-dozen big Facebook stories from yesterday, collectively showing the company as still a deer in the headlights, frozen in the glare of a growing number of ethical dilemmas.
1. Election interference
On a conference call with journalists, Facebook punted on the key question of whether it has seen evidence of a coordinated information campaign aimed at disrupting the U.S. midterm elections.
“I mean, we know that Russians and other bad actors are going to continue to try to abuse our platform — before the midterms, probably during the midterms, after the midterms, and around other events and election,” Nathaniel Gleicher, Facebook's cybersecurity head, said the first time he was asked. “We are continually looking for that type of activity, and as and when we find things, which we think is inevitable, we’ll notify law enforcement, and where we can, the public.”
2. The Stamos memo
Shortly before Facebook's conference call with journalists about midterm election security yesterday, BuzzFeed News published the lengthy and candid memo Facebook chief security officer Alex Stamos sent internally last March about his eventual departure. Some key points:
The other stories:
What's next: Facebook reports earnings after the markets close today, so expect more discussion of these and other topics. Analysts expect a generally upbeat report, including a 40% year-over-year gain in revenue, despite the many issues facing the company. Facebook shares reached all-time highs Tuesday in the wake of Google's strong earnings.
With no indication that the Chinese government is ready to give its blessing to Qualcomm's planned purchase of semiconductor manufacturer NXP, the chipmaker faces a tough decision. The current offer for NXP, which needs the approval of Chinese authorities to move forward, expires just before midnight (Eastern Time) tonight.
The bottom line: Although the companies have extended the deal timeline multiple times, this deadline could be it, Qualcomm has previously suggested.
Why it matters: Having fended off Broadcom's hostile takeover bid, Qualcomm management is under pressure to show it has a credible independent future. A big piece of its case has been the pending NXP acquisition. If that fails to happen, Qualcomm will be betting everything that it can grow its chip business well beyond its cellular roots while ideally maintaining the bulk of its licensing business.
What they're saying: Analysts I talked to see it as reasonably likely that Qualcomm and NXP give up on the deal. But that outcome doesn't worry them quite as much as it once did.
Illustration: Rebecca Zisser/Axios
New 5G networks are expected to supercharge wireless speeds and trigger an explosion of new services — but they also may exacerbate the stubborn digital divide and leave out wide swaths of rural Americans, Axios' Kim Hart reports.
Why it matters: According to FCC data, 31% of rural residents don't have fixed broadband service, compared to 2% of city residents. Despite the hype around the fifth-generation wireless networks, there's still little financial incentive for the major telecom firms to spend the billions of dollars necessary to serve rural communities, experts say.
Big wireless providers like AT&T, Verizon and T-Mobile are promising that 5G will deliver gigabit speeds — up to 100 times faster than current 4G LTE wireless service — that will power smart cities, instant video delivery, virtual reality and a host of other applications that need constant, robust connections.
The catch: The high-frequency airwaves capable of delivering those fast speeds can't travel very far — only a few hundred feet with a clear line of sight. So networks will need hundreds of thousands more cell antennas to carry the signals. That may be feasible for a metropolitan downtown, but it's too expensive in many rural areas.
Companies investing in the networks acknowledge cities will be the first to get the upgrade, and note that 5G networks can still be far faster than 4G even over more traditional lower-frequency spectrum.
Go deeper: Kim has more here.
Photo: Education Images/UIG via Getty Images
The University of Pennsylvania’s School of Engineering and Applied Science announced Wednesday it will offer a full master's degree in computer and information technology online through Coursera, according to Axios' Marisa Fernandez.
Why it matters: Coursera's first Ivy League degree offering comes as many exclusive universities try to make degrees more accessible to lower income students. The online version of the course costs less than half the price of sitting in a UPenn lecture hall.
Read more of Marisa's story here.