Facebook Revenue, User Growth Falls Short Of Expectations
Facebook's quarterly revenue and user growth has disappointed investors amid a challenging year for a company navigating data misuse, misinformation and election meddling on its platform.
Watch CBS News
Facebook's quarterly revenue and user growth has disappointed investors amid a challenging year for a company navigating data misuse, misinformation and election meddling on its platform.
Wall Street has suddenly soured on Silicon Valley and the rest of tech, triggering a stomach-churning downturn in a turbulent October.
Facebook said Friday that it had removed 82 pages, groups, and accounts that were run from Iran but targeting people in the US and the UK.
British regulators slapped Facebook on Thursday with a fine of 500,000 pounds ($644,000) — the maximum possible — for failing to protect the privacy of its users in the Cambridge Analytica scandal.
A dog owner in Oklahoma called out her own pup out on Facebook for scheming to get free McDonald's hamburgers.
Facebook is losing yet another founder of one of its billion-dollar acquisitions.
Former UK Deputy Prime Minister Nick Clegg is leaving the world of politics to take a senior job at Facebook.
Following a long string of scandals and controversies, some Facebook investors believe the company would be better off without Mark Zuckerberg as its chairman.
It is not yet known when this reported feature will be ready for all users.
Almost 30 million Facebook users' phone numbers and email addresses were accessed by hackers in the biggest security breach in the company's history, Facebook said on Friday.
Facebook is taking steps to address criticism that its platform has been hijacked by bad actors, but investors are bailing.
Just weeks before the US midterm elections, Facebook announced Thursday that it had removed more than 800 pages and accounts that the company said violated its rules "against spam and coordinated inauthentic behavior."
Facebook is due to hold an internal town hall on Friday to address employee concerns after the company's top executive in Washington appeared in support of Supreme Court nominee Brett Kavanaugh at a Senate hearing.
A human trafficking survivor from Texas has filed a lawsuit against Facebook, alleging the social media giant provides traffickers an unrestricted way to "stalk, exploit, recruit, groom ... and extort children into the sex trade."
Facebook is naming Adam Mosseri, a 10-year veteran at the company, as the head of Instagram.
For users, Facebook's revelation of a data breach that gave attackers access to 50 million accounts raises an important question: What happens next?
Taking advantage of a vulnerability in its 'View As' function, hackers have staged a major security breach at Facebook impacting 50 million accounts, the company announced Friday.
European Union lawmakers appear set this month to demand audits of Facebook by Europe's cybersecurity agency and data protection authority in the wake of the Cambridge Analytica scandal.
When Kevin Systrom and Mike Krieger sold Instagram to Facebook in 2012, the photo-sharing startup's fiercely loyal fans worried about what would happen to their beloved app under the social media giant's wings.
The co-founders of Instagram are resigning their positions with the social media company without explanation.
Chief Executive Kevin Systrom said in a statement late Monday that he and Mike Krieger, Instagram's chief technical officer, plan to leave the company in the next few weeks and take time off "to explore our curiosity and creativity again."
PayPal said Friday that it cut ties with Infowars after a review found instances of it promoting "hate and discriminatory intolerance against certain communities and religions."
Facebook's ad targeting system is being used by some employers to unlawfully discriminate based on gender, a new complaint says, the latest in a string of allegations of discrimination being allowed in Facebook ads.
New protections in Apple's Safari and Mozilla's Firefox browsers aim to prevent companies like Google and Facebook from turning "cookie" data files used to store sign-in details and preferences into broader trackers that take note of what you read on other sites.
It's been less than a week since a massive explosion near Hayward after a construction crew hit a gas line, and now concerned neighbors are demanding answers from the Alameda County Board of Supervisors.
The Solano County Sheriff's Office said some of its staff are on administrative leave after a partially written racial slur was allegedly found taped to a wall in the county jail.
A vehicle broke free from a tow truck on Interstate Highway 580 in Castro Valley and onto the BART tracks on Tuesday, blocking highway traffic and BART service on the Blue Line between the Castro Valley and Dublin/Pleasanton stations.
On Monday, Ford announced that it was discontinuing production of the full-size EV pickup.
Protesters chained themselves together in front of a federal immigration services building in San Francisco on Tuesday morning, prompting authorities to shut down the building for the day.
It's been less than a week since a massive explosion near Hayward after a construction crew hit a gas line, and now concerned neighbors are demanding answers from the Alameda County Board of Supervisors.
The Solano County Sheriff's Office said some of its staff are on administrative leave after a partially written racial slur was allegedly found taped to a wall in the county jail.
A vehicle broke free from a tow truck on Interstate Highway 580 in Castro Valley and onto the BART tracks on Tuesday, blocking highway traffic and BART service on the Blue Line between the Castro Valley and Dublin/Pleasanton stations.
On Monday, Ford announced that it was discontinuing production of the full-size EV pickup.
Protesters chained themselves together in front of a federal immigration services building in San Francisco on Tuesday morning, prompting authorities to shut down the building for the day.
Protesters chained themselves together in front of a federal immigration services building in San Francisco on Tuesday morning, prompting authorities to shut down the building for the day.
A vehicle crashed into a Redwood City hardware store while people were inside, but thankfully, no one was injured, fire officials said.
Once marked by store closures and safety concerns, Union Square is seeing renewed momentum as several high-profile tenants move into the area, including renowned chef Michael Mina.
The fire was located in the area of 16th and Guerrero streets at a gas station that looks to be under construction.
The San Francisco Fire Department said 15 people were injured after the cable car they were riding in came to a sudden stop on California Street.
It's been less than a week since a massive explosion near Hayward after a construction crew hit a gas line, and now concerned neighbors are demanding answers from the Alameda County Board of Supervisors.
A vehicle broke free from a tow truck on Interstate Highway 580 in Castro Valley and onto the BART tracks on Tuesday, blocking highway traffic and BART service on the Blue Line between the Castro Valley and Dublin/Pleasanton stations.
One person has died, and three others were hospitalized following a domestic dispute and altercation in an East Bay home Monday morning, deputies said.
Prosecutors in Alameda County said a grand jury has indicted three sheriff's deputies in connection with the death of Maurice Monk at the Santa Rita Jail in 2021.
Oakland police were seeking the public's help in identifying a suspect in an October carjacking and assault that left an elderly victim severely hurt, and they have released a surveillance image of the suspect.
A sheriff's deputy in Monterey County shot a man who was allegedly armed during a confrontation in Soledad early Tuesday morning, authorities said.
Authorities on California's Central Coast arrested nine people, including a juvenile, after busting a burglary in-progress at a cannabis grow house early Monday morning.
Authorities in Monterey County have launched an investigation after a body was found in the Salinas River over the weekend.
A fire at a recycling facility in southern Santa Clara County Monday morning that prompted a shelter-in-place for surrounding areas is under control, firefighters said.
The California Highway Patrol has issued a Silver Alert for an elderly woman who was last seen in San Jose last week and is believed to be at-risk.
A Marin County man has been arrested on suspicion of assault with a deadly weapon after he allegedly threatened and attempted to stab customers outside a Home Depot store over the weekend, police said.
A preliminary magnitude 4.0 earthquake hit the North Bay Sunday afternoon, according to the United States Geological Survey.
Redwood Nights brings together passionate storytellers to share true, personal narratives in a natural setting designed to foster connection, according to producer Don Reed.
A multi-agency crackdown on organized retail theft led by Santa Rosa police at several businesses on Thursday resulted in 17 arrests, the department said.
A woman in Sonoma County was arrested on suspicion of animal cruelty Tuesday after police said they found two dozen dogs living in poor living conditions inside a garage.
FIFA slashed the price of some World Cup tickets following a worldwide backlash, with some final seats available for $60.
Registration for the LA28 Olympics ticket draw opens in January, marking the first time that fans of the games can begin the process to attend the international event in 2028.
Brock Purdy threw three touchdown passes as the San Francisco 49ers beat the Tennessee Titans 37-24.
Fernando Mendoza claimed 2,362 first place votes to nab the prize.
The San Francisco 49ers have placed receiver Brandon Aiyuk on the reserve/left squad list, making him ineligible to return from a knee injury this season.
It's been less than a week since a massive explosion near Hayward after a construction crew hit a gas line, and now concerned neighbors are demanding answers from the Alameda County Board of Supervisors.
One person has died, and three others were hospitalized following a domestic dispute and altercation in an East Bay home Monday morning, deputies said.
Prosecutors in Alameda County said a grand jury has indicted three sheriff's deputies in connection with the death of Maurice Monk at the Santa Rita Jail in 2021.
Oakland police were seeking the public's help in identifying a suspect in an October carjacking and assault that left an elderly victim severely hurt, and they have released a surveillance image of the suspect.
A sheriff's deputy in Monterey County shot a man who was allegedly armed during a confrontation in Soledad early Tuesday morning, authorities said.
iRobot, which introduced the Roomba vacuum cleaner in 2002, vows to continue supporting its products despite Chapter 11 filing.
Time magazine named "the architects of AI" its 2025 Person of the Year on Thursday, calling out tech industry leaders behind the rise in artificial intelligence.
The San Francisco 49ers announced Wednesday that OpenAI chairman Bret Taylor has acquired a minority stake in the team, joining other tech titans that have bought into the club.
With the world's first social media ban for children and teenagers under 16 now in effect in Australia, its initial political architect reveals it was personally inspired by his wife, for their four children.
Waymo said a pregnant passenger headed to a San Francisco hospital ended up giving birth inside the self-driving vehicle. A remote employee also called 911 after being alerted to "unusual activity."
"I don't know how I'm going to pay for this," said one person with an Affordable Care Act plan that will cost her $1,100 a month starting in January.
California's public health department said one person has died and several others have suffered severe liver damage due to eating toxic mushrooms that were foraged.
Officials in Monterey County have issued a warning to people foraging for wild mushrooms amid a rise in poisonings.
San Francisco officials said Tuesday that the city has filed a lawsuit against leading manufacturers of ultra-processed foods, accusing them of producing products linked to serious health issues and alleging that the companies knowingly made the foods addictive.
Consumers with the imported pans should throw them away due to the severe health risks posed by lead, the agency warns.
Protesters chained themselves together in front of a federal immigration services building in San Francisco on Tuesday morning, prompting authorities to shut down the building for the day.
Democrats felt jubilant at this year's winter party meetings after decisive off-year election wins. Now, they say they are looking to build on the 2025 momentum in next year's midterms — and beyond.
President Trump said he will deliver an address live to the nation Wednesday at 9 p.m. ET.
For nearly 30 years, there have been plans to build a veterans' clinic and final resting place on the property of the old Alameda air base. But now that the project has been abruptly terminated, leaving veterans dumbfounded by the decision.
Known as a popular Hollywood director, Rob Reiner also had a lengthy record of political and civic activism, especially in California.
A 16-year FBI employee has filed a lawsuit alleging he was fired last month because he had a Pride flag displayed near his desk.
A group of transgender members of the U.S. Air Force and Space Force forced to leave active duty under the Trump administration's policies say their benefits were revoked in a rare move.
California state Sen. Scott Wiener of San Francisco announced Wednesday that he is running for Nancy Pelosi's congressional seat next year.
Advocacy group The Trevor Projected released data from the first year of a study following more than 1,600 LGBTQ+ youth across the country.
A former Yosemite employee says they've been fired by the National Park Service, three months after flying a transgender pride flag from El Capitan.
Known as a popular Hollywood director, Rob Reiner also had a lengthy record of political and civic activism, especially in California.
Nick Reiner, a son of director Rob Reiner and his wife Michele, has been arrested on murder charges following their deaths, police said.
Rob Reiner was the son of a comedy giant who became one himself with movies such as "The Princess Bride," "When Harry Met Sally…" and "This is Spinal Tap."
Nick Reiner, son of Hollywood director and actor Rob Reiner and his wife, Michele, has been charged with two counts of first-degree murder in their deaths.
Director Rob Reiner and wife, Michele, were found dead in their Los Angeles home, sources told CBS News, in what police called an apparent homicide.
Ever since the COVID-19 pandemic, the Oakland Unified School District has seen an alarming spike in the number of unhoused students in the school system who deal with a host of challenges far beyond what most children face.
Meteorologist and CBS News Bay Area's resident pilot Lt. Jessica Burch got a treat during Fleet Week, taking to the skies with one of the Blue Angels.
A Bay Area man discovered his devastating loss left him with a new opportunity to rethink how he lives -- follow his journey in virtual reality, 360-degree video.
A groundbreaking medical study involving the UCSF Medical Center has shown some colorectal cancer patients can safely skip radiation treatment and enjoy a potentially higher quality of life.
Every day, San Francisco bar pilot Captain Zach Kellerman goes through what might just be the world's most dangerous commute.
John Ramos reports on the EV market. Website: http://kpix.com/ YouTube: http://www.youtube.com/CBSSanFrancisco Facebook: https://www.facebook.com/CBSSanFrancisco Instagram: https://www.instagram.com/kpixtv/ Twitter: https://twitter.com/KPIXtv
Residents in the community of Ashland near Hayward say that even before a crew punctured a gas line, leading to a massive explosion and fire, an ongoing construction project has caused problems in the area. Katie Nielsen reports.
Itay Hod spoke to a San Francisco man behind a Christmas lights display that's raising the bar and the electric bill.
Oakland is set to decide the future of its Flock surveillance camera program, and the City Council is hearing from the public ahead of a final vote. Brad Hamilton reports.
Interview with Ron Felder of Redwood Credit Union and Chris Padula of SF-Marin Food Bank
In 2025, KPIX is moving to a new community service award: the CBS News Bay Area Icon Award. Submit nominations for an outstanding community hero at kpix.com/icon.
It's the most wonderful time of the year for a South Bay woman who has played Mrs. Claus for more than 40 years for the children of North San Jose's Alviso District.
For residents of the Oakland Hills, the prospect of another wildfire always remains a concern. This week's Jefferson Awards winner has made it his mission to make the hills and other high-risk areas safer.
In East Palo Alto -- where state education numbers show more than nine in ten public school students are low income and more than half are English learners -- many are finding hope and connection at the Boys & Girls Clubs of the Peninsula.
This week's Jefferson Award winner is Army veteran who continues to live a life of service into his 80s, by feeding hundreds of San Francisco families a week.
A Bay Area man who overcame tremendous obstacles to excel in school has made it his mission to gear up other students for success in the classroom and in life.
For Students Rising Above scholar Josh Collins it took moving across the country to realize the value of his Bay Area family.
Samir Hooker had to grow up fast after his stepfather was shot dead 12 years ago. Now he is watching over his mom and sister while attending UC Berkeley.
It's hard enough to graduate from one of the most prestigious schools in the country when you're the first in your family to go to college. Imagine doing that while you're also trying to protect your parents from being deported?
Some students who are the first in their families to go to college face the challenge of balancing a rigorous academic load while still working to help support their family back home.