Cheddar Afternoon Business Report 10/12: Facebook, SpaceX, Google

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NEW YORK -

Facebook COO Sheryl Sandberg says her company owes the American people an apology for, "things that shouldn't have happened" on the site during the 2016 election. Facebook unintentionally enabled Russian interference through ads on its platform. Sandberg made the comments during an Axios live event earlier today.

SpaceX pulled off its 15th rocket launch of the year sending a previously used Falcon 9 vessel carrying a communications satellite into space. It was the second launch for Elon Musk's company this week and the third time SpaceX has sent a used vessel into orbit. Reusing a spacecraft drastically cuts costs and could make Musk's goal of space travel more attainable.

Google is issuing a permanent fix to its new home mini smart speaker. The virtual assistant was recording conversations without users knowing because the button on top of the device was faulty and activating on its own. Google tried a software update, but now says it is completely disabling the button to prevent any further privacy issues. 
 

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  • 'Incredibles 2' crushes animation record with $180 million

    'Incredibles 2' crushes animation record with $180 million

    Sunday, June 17 2018 11:29 AM EDT2018-06-17 15:29:34 GMT
    Sunday, June 17 2018 5:20 PM EDT2018-06-17 21:20:21 GMT
    (Disney/Pixar via AP). This image released by Disney Pixar shows a scene from "Incredibles 2," in theaters on June 15.(Disney/Pixar via AP). This image released by Disney Pixar shows a scene from "Incredibles 2," in theaters on June 15.
    Disney and Pixar's "Incredibles 2" has broken the record for the best animated opening of all time and the biggest for a PG-rated film.
    Disney and Pixar's "Incredibles 2" has broken the record for the best animated opening of all time and the biggest for a PG-rated film.
  • Egypt goalkeeper declines beer-sponsored World Cup award

    Egypt goalkeeper declines beer-sponsored World Cup award

    Sunday, June 17 2018 5:09 PM EDT2018-06-17 21:09:55 GMT
    Sunday, June 17 2018 5:13 PM EDT2018-06-17 21:13:49 GMT
    (AP Photo/Vadim Ghirda). Egypt goalkeeper Mohamed Elshenawy clears the ball during the group A match between Egypt and Uruguay at the 2018 soccer World Cup in the Yekaterinburg Arena in Yekaterinburg, Russia, Friday, June 15, 2018.(AP Photo/Vadim Ghirda). Egypt goalkeeper Mohamed Elshenawy clears the ball during the group A match between Egypt and Uruguay at the 2018 soccer World Cup in the Yekaterinburg Arena in Yekaterinburg, Russia, Friday, June 15, 2018.
    Voted man of the match, Egypt goalkeeper declines trophy sponsored by Budweiser on religious grounds.
    Voted man of the match, Egypt goalkeeper declines trophy sponsored by Budweiser on religious grounds.
  • China hikes tariffs on US soybeans, electric cars, fish

    China hikes tariffs on US soybeans, electric cars, fish

    Friday, June 15 2018 6:18 AM EDT2018-06-15 10:18:12 GMT
    Sunday, June 17 2018 5:10 PM EDT2018-06-17 21:10:47 GMT
    China says it will retaliate against any move by the U.S. to impose punishing tariffs on tens of billions of dollars of Chinese goods.
    China says it will retaliate against any move by the U.S. to impose punishing tariffs on tens of billions of dollars of Chinese goods.
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