The social media giant reported better-than-expected earnings, despite questions about its privacy and data security. But the real impact of the Cambridge Analytica scandal will only be reflected in the next quarter, says Damon Beres, Executive Editor at Mashable.
For full interview, [click here](https://cheddar.com/videos/facebook-soars-on-earnings-beat).
Elon Musk announced two new subscription tiers for people who want the premium experience. This, as some users in some countries may have to pay a very small fee to access the platform for more. Cheddar News' senior reporter Michelle Castillo explains.
Stocks dipped Friday morning after the yield on the benchmark 10-year Treasury crossed 5% for the first time in 16 years and also following Fed Chair Jerome Powell's remarks on Thursday.
