The bond market has entered a financial twilight zone, and at this point, there doesn't seem to be a smooth way out.Market Insiderread more
"I think (rate cuts) will help, but whether they're going to be sufficient to counter the negative trade pressures and global growth slowdown and impact is debatable," one...Central Banksread more
China has used both monetary and fiscal measures to lift economic activity as its trade war with the U.S. looks set to intensify in the coming months.China Economyread more
Alibaba held a board meeting before its latest quarterly earnings release last week, during which the board decided to postpone the Hong Kong listing, Reuters reported.Technologyread more
President Donald Trump said on Twitter he was postponing a scheduled meeting with Denmark's prime minister because of her lack of interest in discussing a possible sale of...World Politicsread more
The two countries want to smash the civil aerospace duopoly enjoyed by Airbus and Boeing.Aerospace & Defenseread more
Federal Reserve Chairman Jerome Powell is set to deliver his annual speech on Friday at the Jackson Hole, Wyoming symposium, where he's expected to provide more clarity on the...Asia Marketsread more
After Elon Musk touts Tesla solar on Twitter, Walmart sues the electric vehicle and clean energy company over store rooftop panels that ignited.Technologyread more
U.S. and Asian investors poured $3.7 billion into U.K. tech start-ups in the first seven months of 2019, research shows.Technologyread more
Trump said he has "been thinking about payroll taxes for a long time" — and he cautioned that "whether or not we do something now, it's not being done because of recession."Politicsread more
Secretary of State Mike Pompeo privately told business executives and free traders that the trade war could end by the 2020 election and that hurdles to an immediate agreement...2020 Electionsread more
A top executive admitted Wednesday that Russian agents had used the social network's popular Messenger platform to interfere in the 2016 presidential election.
Facebook Messenger boss David Marcus disclosed that a "very small" number of the 470 accounts active in the Russian interference campaign were using Messenger to communicate with their users.
Marcus cautioned that the company was still determining, alongside federal investigators, how Russia-linked accounts may have tried to influence the U.S. political discourse last year. But he said inquiries "at this stage" showed that these accounts were not prolifically using his product.
More from Recode:
Regina Dugan, the head of Facebook's secretive hardware lab, is leaving the company
Facebook's acquisition of TBH isn't like when it bought Instagram
'WTF?' author Tim O'Reilly says tech and business elites are setting the world up for 'war and revolution'
"My understanding is that it's a very small number," Marcus said at The Wall Street Journal's D.Live conference in Laguna Beach, Calif. "The way that the platform was used is still being investigated right now on the Messenger side of things, but traditionally if you're a page, for instance, you cannot message people. So people have to message you."
Messenger was reportedly used by some pages with ties to Russian operatives. Marcus, like other Facebook executives, argued that the work done by Facebook around the world was being wrongly "overshadowed" by the Russia "narrative."
"Clearly, when you design a platform that reaches 2 billion people every month, sometimes bad things happen and we shouldn't tolerate those things," Marcus said.
—By Theodore Schleifer, Recode.net.
CNBC's parent NBCUniversal is an investor in Recode's parent Vox, and the companies have a content-sharing arrangement.