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).
Share:
More In Business
Airbus Wins Record Order for 500 Jets From India's IndiGo at Paris Air Show
India's IndiGo airline is buying 500 passenger jets from European planemaker Airbus, the two companies said Monday, in a record-setting order that underscores surging demand for air travel fueled by the country's economic growth.
Chinese E-Commerce Giant Alibaba Announces New CEO and Chairman
China’s Alibaba Group has announced a major management reshuffle as the e-commerce giant restructures into six different business divisions to adapt to fast-changing technologies.
Amazon, Marriott and Other Companies Vow to Hire Thousands of Refugees in Europe
Multinational companies including Amazon, Marriott and Hilton pledged Monday to hire more than 13,000 refugees, including Ukrainian women who have fled the war with Russia, over the next three years in Europe.
Stretching Your Dollar: Money-Saving Tips for Back-to-School Shopping
Many parents are already planning an early outing for back-to-school shopping, despite the early days of summer. Inflation concerns have spurred people to plan ahead in spending. Bryce Gruber, executive editor of Today's Parent, joined Cheddar News to help provide money-saving tips for affordable school shopping.
The Day Ahead: FedEx Earnings, Housing Data & MLB Draft Combine
The Day Ahead: FedEx Earnings, Housing Data & MLB Draft Combine
Tropicana Hotel in Las Vegas Could Be Demolished for Baseball
The famous Tropicana Hotel in Las Vegas could be torn down to make way for a new baseball stadium.
Eve, Blade Bring 'Flying Car' Partnership to Europe
Electric aircraft maker Eve and Blade plan to integrate Eve's upcoming flying car into Blade's European route network under a partnership expansion.
Report: Twitter Planning to Double Down on Video Content
Twitter is planning to pivot to video content, according to Reuters. Cheddar News explains how the tech giant looks to double down on video, creative and e-commerce strategies.
Stretching Your Dollar: How to Avoid Pitfalls of Financial Bad Agreements
Whether it's a gym membership, a cell phone contract, or an extended warranty, getting locked into a bad contract can be frustrating and very costly. So we wanted to share some advice to avoid potential risks involved. Let's take a look.
