YOU POSTED.
BUT ONE EXECUTIVE IS NOW OUT IN
THE WAKE OF THAT HORRIFIC
TRAGEDY.
>>> FROM ONE TROUBLED TECH
TITAN TO A SLEW OF OTHERS
MAKING HEADLINES THIS WEEK.
FACEBOOK ANNOUNCING PRIVACY
SETTINGS EASIER TO FIND
FOLLOWING CRITICISM OVER
PRIVACY CONTROLS OR LACK THERE
OF.
TO THE TRUMP ADMINISTRATION,
SETTING SIGHTS ON AMAZON, TESLA
FEELING THE BURN FOLLOWING
MOODY'S DOWNGRADE AND CRASH
INVESTIGATION INTENSIFYING.
WHAT'S CAUSING THE MOST MARKET
HAVOC BUT SHOULD YOU BE
ABSORBING IT AND DOING WHAT
WITH THE STOCKS?
BRINGING IN ONE OF THE MOST
RESPECTED TECH GUYS IN THE
INDUSTRY.
COLIN GILLIS OF CHATHAM ROAD
PARTNERS.
GREAT TO SEE YOU.
>> LIZ, THE INVESTMENT
COMMUNITY LOVES LIZ CLAMAN.
LIZ: THANK YOU.
WE'RE SO THRILLED TO HAVE YOU
BACK IN THE SPOTLIGHT AT FOX
BUSINESS.
COLIN, SO MANY TOPICS TO
DISCUSS.
INVESTORS ARE WATCHING DO I
BUY?
SELL?
HOLD?
>> SURE.
LIZ: THE NASDAQ HAS BEEN
HAMMERED, NOT THAT BAD TODAY.
FACEBOOK.
>> DON'T CATCH IT.
LIZ: MEANING WHAT?
>> THERE IS STILL PLENTY OF BAD
NEWS ON THE HORIZON FOR
FACEBOOK.
NOT ONLY THE GOVERNMENT
REGULATORY SCRUTINY
PARTICULARLY ON APRIL 10th WHEN
THE CEO TESTIFIES, YOU HAVE TO
BE CONCERNED ABOUT THE SLOWDOWN
IN GROWTH AND ACTIVE USERS.
IT WAS THE SLOWEST SEQUENTIAL
GROWTH IN ACTIVE USERS IN THE
COMPANY'S HISTORY LAST QUARTER.
2.2%.
IF THAT GROWTH FLAT LINES OR
TURNS NEGATIVE IN THE APRIL
QUARTER, HAVE YOU ANOTHER 20
POINTS TO THE DOWNSIDE.
LIZ: AND PEOPLE ARE DOING THE
HASHTAG DUMP FACEBOOK OR GET
RID OF IT.
DO YOU THINK WE WILL SEE THE
SLOWDOWN AND MAKE IT A CUT?
>> IT'S A FANTASTIC POINT AND A
CRITICAL ONE.
AVERAGE REVENUE FOR USER IS
NORTH OF $6.
AVERAGE REVENUE FOR A NORTH
AMERICAN USER IS NORTH OF $26.
THOSE USERS IN NORTH AMERICA
ARE MUCH MORE PROFITABLE TO THE
COMPANY.
IF YOU SEE PEOPLE REMOVING
ACCOUNTS, THAT'S A NEGATIVE
IMPACT.
SEE THEM PRINT THE QUARTER AND
SEE WHERE THE STOCK SETTLES
BEFORE GETTING INVOLVED.
LIZ: BEFORE WE MOVE TO TWITTER,
APPLE CEO TIM COOK SAYING IN A
TAPED SHOW ON MSNBC, REGULATE
US ALL.
WHAT'S BEHIND THAT?
IT WAS VERY INTERESTING TO SEE
HIM TO SAY I'M AGAINST ALL
REGULATION OF US, BUT WE'RE
BEYOND THAT TIME.
>> THERE IS A CERTAIN SELF
RESPONSIBILITY YOU HAVE TO
UNDERSTAND.
IF YOU DON'T SUBSCRIBE AND PAY
REVENUE SUBSCRIPTION FEE,
YOU'RE THE PRODUCT, RIGHT?
PEOPLE SHOULD KNOW THAT
FACEBOOK'S BUSINESS MODEL IS
PEOPLE ARE THE PRODUCT.
YOUR DATA IS WHAT THEY'RE
TAKING TO MONETIZE.
LIZ: ARE ALL THESE BUSINESS
MODELS OF PEOPLE, AND I BROUGHT
UP VENMO EARLIER, ANYTHING
THAT'S FREE BUT THEY USE THAT
DATA?
>> IT'S THE AGREEMENT.
IT'S THE QUID PRO QUO, BACK AND
FORTH.
LIZ: TO TESLA -- I'M SORRY,
TWITTER.
HAMMERED BY A SHORT SELLER
SAYING IT IS SORT OF VULNERABLE
TO THE RISK OF THIS DATA
BECAUSE NOW IT APPEARS TWITTER
MAY OR MAY NOT BE USING PRIVATE
MESSAGES TO GLEAN DATA.
>> RIGHT, AND IT WAS
INTERESTINGITY IS
INTERESTINGITY
INTERESTINGIT
INTERESTING SIT RON WAS LONG.
I'M NOT SURE YOU WANT TO SHORT
THEM OVER WHAT THEY'RE DOING
WITH THE DATA.
IN TERMS OF THE SOCIAL
NETWORKING LANDSCAPE, TWITTER
IS MUCH CLOSER TO SNAP THAN
FACEBOOK OR GOOGLE.
LIZ: TESLA, BUY, SELL OR HOLD
WITH A COUPLE OF PROBLEMS ON
THE PLATE?
>> TESLA, SIT ON THE SIDELINES
AND WATCH IT.
CAN THEY MAKE THE MODEL 3s,
MUCH MORE THAN THE CRASH
CONCERNS ARE.
LIZ: ALL RIGHT, AND QUICKLY,
AMAZON.
>> YEAH, I'D BE A BUYER HERE.
I WOULDN'T BE CONCERNED ABOUT
TRUMP.
IT'S SOMETHING THAT CLEARLY HE
WANTS TO HAVE IT IN THE
CROSSHAIRS, BUT ONCE YOU GET
HOOKED INTO AMAZON'S ECOSYSTEM
AND YOU'RE A USER, YOU DON'T
WORRY ABOUT THE TAXES.
LIZ: THAT'S CALLED STICKER.
4% CHEAPER TODAY?