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Industrials : Aerospace & Defense | Large Cap Value
Company profile

The Boeing Company is an aerospace firm. The Company operates in four segments: Commercial Airplanes (BCA); Defense, Space & Security (BDS); Global Services (BGS), and Boeing Capital (BCC). BCA segment develops, produces and markets commercial jet aircraft and provides fleet support services, principally to the commercial airline industry worldwide. BDS segment is engaged in the research, development, production and modification of manned and unmanned military aircraft and weapons systems for strike, surveillance and mobility. BGS segment provides services to commercial and defense customers worldwide. BCC's segment portfolio consists of equipment under operating leases, finance leases, notes and other receivables and assets held for sale.

Closing Price
$180.81
Day's Change
0.49 (0.27%)
Bid
--
Ask
--
B/A Size
--
Day's High
187.79
Day's Low
180.43
Volume
(Light)
Volume:
41,792,299

10-day average volume:
57,421,069
41,792,299

Zuckerberg, Chan tell scientists they're 'disgusted' by Trump's comments, but offer little action

11:55 pm ET June 11, 2020 (MarketWatch)
Print

By Mike Murphy

Scientists funded by couple's initiative had urged Facebook to rein in Trump's inflammatory posts

Facebook Chief Executive Mark Zuckerberg and wife Priscilla Chan said Thursday they are "deeply shaken and disgusted" by President Donald Trump's inflammatory rhetoric, but offered little other consolation to scientists who recently petitioned the pair, asking to rein in Trump's Facebook posts.

On Saturday, dozens of scientists and researchers funded by the Chan Zuckerberg Initiative signed an open letter (http://www.marketwatch.com/story/scientists-funded-by-zuckerberg-urge-facebook-to-rein-in-trumps-posts-2020-06-07) asking Facebook Inc. (FB) to stop letting Trump use the social network as a platform to spread misinformation and hate.

The scientists' letter (https://medium.com/@jasonsynaptic/letter-of-concern-to-mark-zuckerberg-from-chan-zuckerberg-initiative-funded-scientists-cd7e8335d17b)decried the spread of "deliberate misinformation and divisive language," calling it contrary to the organization's goals of using technology to fight disease, improve children's education and reform the criminal justice system to build a more inclusive future for everyone.

In a response Thursday, Zuckerberg and Chan thanked the letter-writers for speaking up. "We take your concerns seriously and to heart," they wrote in a two-page letter. "We are deeply shaken and disgusted by President Trump's divisive and incendiary rhetoric at a time when our nation so desperately needs unity."

However, they pointed out that while the Initiative and Facebook share a co-leader, they are separate entities, and pointed to Zuckerberg's Facebook post last week (https://www.facebook.com/zuck/posts/10111985969467901)explaining why he believes Trump's posts should not be fact-checked or otherwise challenged.

The couple said they stand by an earlier pledge to "redouble our efforts" to use their philanthropic organization to address racial inequities, and said "having more voices at the table...isn't just a good way to solve the world's biggest challenges -- it is the only way."

In a tweet Thursday night, one scientist who signed the open letter called the response "tepid, promising no real action."

(https://twitter.com/JasonSynaptic/status/1271272745490210816)

Facebook has faced a torrent of criticism (http://www.marketwatch.com/story/facebook-workers-revolt-against-zuckerberg-as-trump-posts-continue-to-go-unchallenged-2020-06-01), including from current and former employees (http://www.marketwatch.com/story/some-of-the-people-who-literally-helped-write-facebooks-community-standards-say-zuckerberg-is-wrong-on-trump-posts-2020-06-03), in recent weeks as Zuckerberg has maintained a hands-off policy toward Trump's posts, unlike rival Twitter Inc. (TWTR) , which has started to fact-check and label some of Trump's tweets.

-Mike Murphy; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

June 11, 2020 23:55 ET (03:55 GMT)

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