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04/10/2018: "Senator, we run ads."
Apr 10, 2018

04/10/2018: "Senator, we run ads."

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If you were listening to Mark Zuckerberg's testimony in front of the Senate, you missed the sort of bewildered smile on the Facebook CEO's face as he explained to Sen. Orrin Hatch how his company makes money. Zuckerberg was still answering questions as we taped the show this afternoon, but we brought in Marketplace Tech host Molly Wood to talk about the story so far. Then, we'll look at another striking moment from this afternoon, when Zuckerberg said Facebook isn't a monopoly as it stares down regulation, here and abroad. Then: Toys R Us filed Chapter 11 bankruptcy last year, with more than $5 billion in debt on its books. But soon afterward, it asked the bankruptcy court for permission to pay big executive bonuses. That sounds remarkable, but it's actually pretty common. We'll look at why. Plus: One in three American families has trouble affording diapers. We'll look at why.

Segments From this episode

How companies like Toys R Us get approval to pay executive bonuses during bankruptcy

Apr 10, 2018
Payments, once justified as a way to retain leaders during the crisis, are now tied to performance metrics.
Leon Neal/Getty Images

Why 1 in 3 families has trouble affording diapers

Apr 10, 2018
Diapers are higher tech than ever before, but many families cant afford them.

Here’s why regulating tech companies like Facebook is really hard to do

Apr 10, 2018
Washington, D.C. lawmakers grilled Facebook CEO Mark Zuckerberg today over issues of data privacy and political manipulation of users. One possible outcome of Washington’s anger at the social media giant: new federal regulations that would clamp down on companies that trade in personal data. But regulating technology companies can be a daunting task, because tech […]

EU online privacy rules are about to get more stringent

Apr 10, 2018
Tech businesses and consumers alike today scrutinized what Facebook CEO Mark Zuckerberg said to Congress and how lawmakers reacted to it. The big question is whether tougher regulation for social media platforms will follow. The threat is already materializing on the other side of the Atlantic. A new data protection law comes into force in […]

Relief and some concern at Xi Jinping’s trade speech

Apr 10, 2018
In the frequent exchanges on trade between the U.S. and China, it was Chinese President Xi Jinping’s turn to offer his country’s take. Speaking to the Boao Forum for Asia today, Xi struck a  conciliatory tone. He said China is committed to opening up its economy more to foreign businesses and products. So what do […]

If you were listening to Mark Zuckerberg’s testimony in front of the Senate, you missed the sort of bewildered smile on the Facebook CEO’s face as he explained to Sen. Orrin Hatch how his company makes money. Zuckerberg was still answering questions as we taped the show this afternoon, but we brought in Marketplace Tech host Molly Wood to talk about the story so far. Then, we’ll look at another striking moment from this afternoon, when Zuckerberg said Facebook isn’t a monopoly as it stares down regulation, here and abroad. Then: Toys R Us filed Chapter 11 bankruptcy last year, with more than $5 billion in debt on its books. But soon afterward, it asked the bankruptcy court for permission to pay big executive bonuses. That sounds remarkable, but it’s actually pretty common. We’ll look at why. Plus: One in three American families has trouble affording diapers. We’ll look at why.

Music from the episode

Coffin Nails MF DOOM
Hanging Gardens Classixx
Say Yeah Kishi Bashi
Esperar Pra Ver Poolside, Fatnotronic
Closer The Chainsmokers, Halsey