*By Conor White*
After losing $136 billion in market cap in less than a week, Facebook is looking for ways to reinvigorate its outlook at a time of slowing ad revenue growth, [continued fallout](https://cheddar.com/videos/facebook-stock-crushed-after-disappointing-earnings) from the Cambridge Analytical data privacy scandal, and the [latest revelation](https://www.nytimes.com/2018/07/31/us/politics/facebook-political-campaign-midterms.html) Tuesday that it's detected attempts to influence this November's midterm elections.
"It's been a long 2018 for Facebook," said Madison Malone Kircher, an associate editor at New York Magazine. "Which brings us to the one thing Facebook is doing right, and that's the Stories platform. It works really well on Instagram, which Facebook owns, and they've really been trying to push to make it work on Facebook."
Instagram Stories has 400 million daily users, double the number of users of rival Snapchat, and Facebook has been trying to lure advertisers to the Stories platform.
Kircher said in an interview Tuesday with Cheddar that neither of the social media companies has figured out how to make user-generated stories on their platforms profitable.
"Snapchat, which is the creator of this style of posting, has also struggled with it," Kircher said. "They rolled out a new platform called 'Commercials' this week, which is similarly trying to figure out how to sell ads against this style of content."
In the end, Kircher said Facebook can push Stories to advertisers all it wants, but it won't be successful until it's popular with users.
"It's a two-fold problem Facebook has," Kircher said. "One, trying to convince advertisers to buy ads in this space, but first they have to figure out how to get us to use it."
For more on this story, [click here](https://cheddar.com/videos/facebook-pushing-stories-feature-to-advertisers).
Kids are increasingly using technology at earlier ages, raising concerns over how to protect them in an age of such frequent data breaches. Kurt Beidler, general manager of Amazon Kids and Family, said the company's family-centered privacy controls will let parents monitor and secure their kids' data.
Coinbase was the first cryptocurrency company to earn a billion-dollar valuation, and while prices are far from their all-time highs, the exchange is taking an opportunity to build and focus on its products. Cheddar's Tanaya Macheel visited the company's San Francisco headquarters to learn more about what's next.
Fintech companies are taking notice of the rapid growth in esports, and Quicken Loans has partnered with 100 Thieves, a League of Legends expansion team. Quicken CMO Casey Hurbis said this venture opened the company's eyes to the endless possibilities of esports and its personalities.
Bloomberg published a report on Thursday that the Chinese government placed microchips in Apple and Amazon servers to gain access to intellectual property and trade secrets. Both tech giants, chip maker Super Micro, and Beijing all strongly denied the report.
In the age of the internet, even comics have gone online.
Tapas Media works with over 34 thousand creators to bring their comics to life on its open platform. Chang Kim, CEO and founder of Tapas Media joins Cheddar to discuss how his site has reached 3 billion views.
As Via celebrates five years since its founding in New York, the rideshare service that started as a "glorified bus," in the words of its own CEO, is looking to new mobility solutions for its next phase of growth.
The Twitter Esports Business Summit ran from Oct. 1-3, and it held its focus on the growing market of esports and how Twitter fits into the business. Rishi Chadha, head of gaming content partnerships at Twitter, said the company is focusing on the communities that foster players and fans, as well as publishers and developers of different platforms.
Upwork, whose stock debuted on the Nasdaq Wednesday, helps connect freelancers in smaller markets who might be at a disadvantage to those in New York or San Francisco. CEO Stephane Kasriel said that by 2027, as much as 50 percent of the workforce could be doing some sort of freelance work.
After Facebook said that 50 million accounts were compromised in the latest privacy breach of the social network, users are starting to wise up about what they share with the company, said Mark Scott, chief technology correspondent at Politico.
Microsoft's fall Surface event on Tuesday came with a surprise: headphones. The company's newly announced Surface Headphones represent the first audio device in the Surface lineup. Hope King got a chance to try them out firsthand.
Load More