Meta's value has plunged by $700 billion since last year
A year ago, Facebook's parent company was worth $1 trillion. But a risky bet on the metaverse has investors worried.
Meta reports another revenue decline
Facebook parent company Meta posted its third quarter earnings on Wednesday. While they were slightly above Wall Street analysts' expectations, they marked a revenue decline for the second straight quarter. Daniel Howley, a tech editor for Yahoo Finance, joins CBS News' John Dickerson to discuss.
12/17: CBSN AM
COVID-19 cases skyrocket as Delta and Omicron spread; Facebook whistleblower shares fears about metaverse
10/14: CBSN AM
Dozens killed in Taiwan building fire; Facebook bans "Unfollow Everything" app developer
10/6: CBSN AM
Zuckerberg defends Facebook from whistleblower claims; Queen Elizabeth to celebrate platinum jubliee
9/28: CBSN AM
Senate GOP blocks House-passed funding bill; Panic-buying leads to United Kingdom fuel shortage
U.K. inquest finds "online content" partly to blame for teen's suicide
Coroner concludes 14-year-old Molly Russell "died from an act of self-harm while suffering from depression and the negative effects of online content."
1/11: Red and Blue
Congress pushes to remove Pres. Trump from office; Controversial social media app 'Parler' under fire
California Legislature passes internet safety bill for minors
The California Legislature has passed a bill aimed at protecting minors on social media platforms. It now heads to California Gov. Gavin Newsom's desk for his signature. Emi Kim, director of legislative efforts for the Log Off Movement, and Nicole Gill, co-founder of Accountable Tech, joined CBS News to discuss the benefits of the legislation.
Controversial influencer Andrew Tate banned from Instagram, Facebook
Tate has gained notoriety for expressing misogynistic views on different platforms.
4/8: Face The Nation
This week on "Face the Nation," moderator Margaret Brennan interviews Treasury Secretary Steve Mnuchin, Senator Ben Cardin, and Senator John Kennedy. Plus, our political panel provides analysis on recent developments in Washington.
TikTok's in-app browser raising concerns
Popular video app TikTok's in-app browser can monitor certain kinds of user activity on some websites, according to new research. Felix Krause, a security and privacy researcher who led the research, joins CBS News' Matt Pieper to discuss.
Alabama GOP group apologizes after posting KKK imagery on its Facebook page
The Lawrence County Republican Party Facebook page has since been deleted.
Facebook turns over messages in abortion case
Court documents reveal Facebook turned over chat messages to authorities which led to a Nebraska mother facing abortion-related charges. CBS News’ Tanya Rivero and Lilia Luciano speak with Alexandra Reeve Givens, president and CEO of The Center for Democracy and Technology, about social media platforms cooperating with law enforcement.
YouTube is the most popular social media among teens, followed by TikTok
About 36% admitted they spend too much time on social media and 54% say it would be somewhat hard to give it up.
A 10-year-old girl in Logan County, W.Va., saved her father's life with a frantic Facebook plea for help after a storm caused a massive tree to fall on him
A 10-year-old girl in Logan County, W.Va., saved her father's life with a frantic Facebook plea for help after a storm caused a massive tree to fall on him. WOWK's Jessie Shafer reports.
"Concealed Online" Facebook ads
A company selling online certification for carrying a concealed weapons is among the top Facebook political ad spenders. Wired magazine looked into "Concealed Online" and its advertising on the platform. Issie Lapowsky, CBS News contributor and Wired senior writer, joins CBSN's "Red & Blue" to discuss her report.
Countering foreign influence ahead of midterms
The Senate Intelligence Committee heard from social media experts Wednesday about how foreign entities manipulate social media. The hearing came a day after Facebook suspended 32 accounts looking to influence the 2018 midterm elections. Washington Post congressional reporter Sean Sullivan joins "Red and Blue" to discuss lawmakers' efforts.
Facebook considering banning political ads
Facebook is reportedly considering banning political ads to slow the spread of misinformation ahead of the 2020 presidential election. Groups like QAnon have been using the site to spread conspiracy theories. CNET senior producer Dan Patterson joined CBSN to discuss.
Is Trump benefiting from social media ban?
A Wall Street Journal article suggests former President Donald Trump is benefiting from being banned by major social media platforms like Twitter and Facebook, which suspended his accounts after the January 6 assault on the Capitol due to his continued false claims that the 2020 election was stolen. Wall Street Journal reporter Michael Bender joins CBSN's Elaine Quijano to discuss the impact.
Potential regulations on social media?
Facebook CEO Mark Zuckerberg appeared before Congress Wednesday for a second day of congressional testimony. But it's unclear where Congress stands on regulating Facebook and other social media companies. David Caroll from Parsons School of Design, Ian Sherr from CNET News and Kevin Cirilli from Bloomberg TV join CBSN's "Red & Blue" to discuss what lawmakers and the public learned from Zuckerberg's second day on Capitol Hill.
Facebook Russia
Facebook says it will turn over 3,000 Russian ads to Congressional investigators. Meanwhile, Robert Mueller may be interested in notes taken by former White House Press Secretary Sean Spicer. CBS News Justice Reporter Paula Reid analyzes the developments on "Red & Blue."
FTC refiles complaint against Facebook
The federal government has refiled a suit against Facebook, claiming the company is responsible for illegal monopoly activity. CBS News MoneyWatch reporter Irina Ivanova joins Elaine Quijano on CBSN's "Red & Blue" to explain.
Social media execs testify before Senate
Leaders from the social media platforms TikTok, Snapchat and YouTube appeared before a Senate subcommittee hearing to testify about their platforms' data security and their impact on young users' mental health. Skyler Henry reports from Capitol Hill, then CBS News technology and politics reporter Musadiq Bidar joined "Red and Blue" anchor Elaine Quijano to discuss the issues.
Chris Hughes on Facebook's responsibility
Chris Hughes, a co-founder of Facebook, responds to questions about the platform's role in Russian influence campaigns during the 2016 presidential campaign. He speaks to CBSN's Elaine Quijano on "Red & Blue."
DOJ says "over a million more documents" found, potentially related to Epstein case
The Justice Department said the process of releasing the Epstein files may take "a few more weeks" due to the volume of materials.
We asked experts to rate the U.S. economy in 2025. Here's what they said.
The economy remained on track this year, defying the gloomiest predictions. That doesn't mean Americans are thrilled with how things are going.
Trump suggests pulling licenses if networks are "almost 100% Negative" about him
President Trump said TV broadcast licenses should be revoked if newscasts and late-night shows are almost entirely negative about him and the GOP.
California storm threatens homes and holiday travel
Forecasters said Southern California could see its wettest Christmas in years and warned about flash flooding and mudslides, especially in areas scorched by wildfires.
DOJ releases huge set of Epstein files with many mentions of Trump
The Justice Department early Tuesday released more than 11,000 additional documents and photos from the Jeffrey Epstein files.
Trump plows ahead with construction plans as preservation group seeks limits
President Trump has overhauled parts of the White House at a sprinter's pace with virtually no oversight, and it appears there is little standing in his way.
Thousands attend Christmas Eve events in Bethlehem, first since Gaza war
Thousands of people traveled from nearby towns and villages to attend Bethlehem's annual Christmas Eve tree lighting ceremony, which was canceled the last two years.
H-1B visa lottery system being replaced as DHS shifts priorities
The Department of Homeland Security says it's replacing its longstanding lottery system for H-1B work visas with an approach that prioritizes skilled, higher-paid foreign workers.
NORAD tracks Santa in Christmas tradition. See the live map.
NORAD, the North American Aerospace Defense Command, tracks Santa's Christmas Eve flight around the world each year. Follow a live map of the tracker here.
U.S.
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Hawaii cruise passengers face new climate change tax after court ruling
The new tourist tax imposes an 11% tax on the gross fares paid by a cruise ship's passengers to address climate change threats to Hawaii.
DOJ says "over a million more documents" found, potentially related to Epstein case
The Justice Department said the process of releasing the Epstein files may take "a few more weeks" due to the volume of materials.
How to save money on your utility bill this winter as heating costs rise
Many Americans face soaring costs to heat their homes this winter. Here are some ways to lower your monthly utility bill.
California storm threatens homes and holiday travel
Forecasters said Southern California could see its wettest Christmas in years and warned about flash flooding and mudslides, especially in areas scorched by wildfires.
First responders who ran into nursing home after explosion praised as heroes
The police chief of Bristol Township, Pennsylvania, says the incident response after the nursing home explosion is the largest he's ever seen in 20 years.
MoneyWatch
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Hawaii cruise passengers face new climate change tax after court ruling
The new tourist tax imposes an 11% tax on the gross fares paid by a cruise ship's passengers to address climate change threats to Hawaii.
How to save money on your utility bill this winter as heating costs rise
Many Americans face soaring costs to heat their homes this winter. Here are some ways to lower your monthly utility bill.
We asked experts to rate the U.S. economy in 2025. Here's what they said.
The economy remained on track this year, defying the gloomiest predictions. That doesn't mean Americans are thrilled with how things are going.
U.S. says China's chip policies are unfair but will delay tariffs to 2027
The U.S. Trade Representative said tariffs on Chinese semiconductors, now at zero, are set to increase in June 2027.
H-1B visa lottery system being replaced as DHS shifts priorities
The Department of Homeland Security says it's replacing its longstanding lottery system for H-1B work visas with an approach that prioritizes skilled, higher-paid foreign workers.
Politics
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DOJ says "over a million more documents" found, potentially related to Epstein case
The Justice Department said the process of releasing the Epstein files may take "a few more weeks" due to the volume of materials.
Judge blocks Trump from stripping security clearance from attorney for now
Trump signed an executive order in March saying it was "no longer in the national interest" for attorney Mark Zaid and others to access classified information.
Poll: Spending time with family is what Americans like most about the holidays
More say they will probably talk about family or health, rather than politics, as they gather for the holidays.
Trump suggests pulling licenses if networks are "almost 100% Negative" about him
President Trump said TV broadcast licenses should be revoked if newscasts and late-night shows are almost entirely negative about him and the GOP.
U.S. says China's chip policies are unfair but will delay tariffs to 2027
The U.S. Trade Representative said tariffs on Chinese semiconductors, now at zero, are set to increase in June 2027.
HealthWatch
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FDA approves Wegovy pill for weight loss
The Food and Drug Administration has approved a pill version of the weight-loss drug Wegovy.
Aetna to cover IVF treatments for same-sex couples in national settlement
A federal judge has approved a preliminary agreement for a class action lawsuit requiring Aetna to cover fertility treatments for same-sex couples as they do with heterosexual couples.
Flu season is ramping up, and some experts are "pretty worried"
Doctors and scientists say this year's influenza season could be tougher than usual, with a new version of the flu virus, called H3N2, spreading quickly.
Finding hope through cancer clinical trials
#LillyPartner Cancer clinical trials can offer patients access to investigational treatments that can be explored as early as the time of diagnosis. Ovarian cancer survivor Alicia Dellario and Dr. Arjun Balar, senior vice president of global clinical development at Eli Lilly and Company, join "CBS Mornings" to talk about the potential benefits of cancer clinical trials -- and clarify common misconceptions. Visit cancerclinicaltrials.lilly.com for more information. (Sponsored by Eli Lilly and Company)
Details on new flu strain as cases rise
The Centers for Disease Control and Prevention estimates there have been 4.6 million flu cases across the U.S. since the season began. Dr. Amanda Kravitz, a pediatrician at Weill Cornell in New York, explains what to know about rising cases, symptoms to watch for and how to protect your family.
World
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Photos of ways Christmas is celebrated all around the world
Billions worldwide mark the birth of Jesus of Nazareth with various traditions.
Investigators probe plane crash in Turkey that killed Libyan military officials
The private jet carrying Libya's Gen. Muhammad Ali Ahmad al-Haddad and four other military officials crashed on Tuesday.
Thousands attend Christmas Eve events in Bethlehem, the first since Gaza war
Thousands of people traveled from nearby towns and villages to attend Bethlehem's annual Christmas Eve tree lighting ceremony, which was canceled the last two years.
Ukraine peace plan might include demilitarized zones, Zelenskyy says
Ukrainian President Volodymyr Zelenskyy says a plan to end his country's war with Russia might include the establishment of demilitarized zones between Ukrianian and Russian forces.
3 die in explosion in area of Moscow where car bomb killed a general Monday
Three people, including two police officers, were killed in an explosion in Moscow, Russian investigators said, days after a car bomb killed a high-ranking general not far away.
Entertainment
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Entertainment
NYT movie critic breaks down top 2025 movies
The New York Times movie critic Alissa Wilkinson ranked the top films of 2025. She joins CBS News 24/7 to review this year's list.
Small Oklahoma town pays homage to leg lamp
The leg lamp in "A Christmas Story" might be one of cinema's most iconic props, and one small town in Oklahoma has a special way to celebrate it. Omar Villafranca reports.
Kiefer Sutherland on new comedy "Tinsel Town"
Kiefer Sutherland stars in the new holiday comedy "Tinsel Town," about a washed-up Hollywood actor who lands in a small English town doing a theater production of "Cinderella." He talks about what drew him to the role.
Taylor Swift donates $1 million to Feeding America, group says
Feeding America's CEO said the organization is "incredibly grateful" for Taylor Swift's large donation.
A look at "The Artist" murder mystery series
Actor Mandy Patinkin and writer and director Aram Rappaport are behind the new murder mystery series, "The Artist," which is a work of historical fiction set in the Gilded Age. They speak to "CBS Mornings" about the series and how it got started. Patinkin also reflects on the life of Hollywood icon Rob Reiner.
Technology
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Technology
Instacart ending AI price tests for retailers
Instacart says its ending its controversial system of using AI price tests for retailers. Earlier this month, an investigation by Consumer Reports and progressive think tank Groundwork Collaborative found that Instacart's algorithmic pricing charged various prices for the same item from the same store. Jo Ling Kent reports.
Tech companies push for data centers
Massive tech companies wanting to build more data centers in the U.S. are lobbying for support among Americans, according to a recent report by POLITICO. Gabby Miller joins CBS News with more on her reporting.
How AI powered robots are helping small farms
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
Top tech gadgets of 2025
Timothy Werth, a tech editor at Mashable, joins "CBS News 24/7" to discuss the best gadgets of 2025.
Instacart to end AI price tests for retailers following investigation
Instacart had drawn criticism for testing an AI-based system that enabled retailers to charge different prices for the same grocery items.
Science
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Major climate research center on Trump administration chopping block
The Trump administration intends to dismantle one of the world's leading climate research institutions, in Boulder, Colorado, over what it said were concerns about "climate alarmism."
Researchers capture video of rare polar bear adoption
The footage of a bear caring for an adopted cub was captured during the annual polar bear migration along the Western Hudson Bay in Churchill, Manitoba.
Dinosaur tracks showing "herds moving in synchrony" found in Italy
Most of the footprints are elongated and made by bipeds. The best-preserved ones bear traces of at least four toes.
Interstellar comet is making its closest approach to Earth
NASA continues to aim its space telescopes at the visiting ice ball, estimated to be up to 3.5 miles in size.
Fossil footprints in Bolivia reveal dinosaurs' awkward attempts to swim
Paleontologists have discovered and documented 16,600 footprints left by theropods, the dinosaur group that includes the Tyrannosaurus rex.
Crime
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Terry Rozier seeks to have charges thrown out in NBA gambling case
His lawyers argued that Rozier's alleged involvement in the wire fraud and money laundering conspiracies is limited.
California farming magnate arrested in Arizona in wife's shooting death
A prominent California farmer was arrested in the shooting death of his estranged wife in a remote mountain community in Arizona, authorities said.
D.C. National Guard shooting suspect facing 5 additional federal charges
Rahmanullah Lakanwal, a 29-year-old Afghan national, is accused of fatally shooting Army Spc. Sarah Beckstrom and wounding Air Force Staff Sgt. Andrew Wolfe.
Officials: Melodee Buzzard's body recovered
California authorities announced Tuesday they have found the body of 9-year-old Melodee Buzzard and arrested her mother for murder. See the full news conference.
Delaware state trooper killed in DMV shooting
A Delaware state trooper was killed Tuesday during a shooting at a Wilmington DMV, the Delaware State Police said. The state's governor confirmed the shooter is also dead.
Space
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Space
NASA's search for next lunar rover
NASA astronauts took their first drive on the moon 54 years ago. Now, three companies are competing for a NASA contract to build a new lunar rover for use starting with the Artemis 5 mission in 2030. Kris Van Cleave reports.
Artemis 2 astronauts rehearse countdown for upcoming moon launch
NASA is gearing up to send four Artemis astronauts on looping test flight around the moon in 2026.
Woman is first wheelchair user launched into space
A German aerospace engineer made history Saturday, becoming the first wheelchair user to go into space when she took a 10-minute trip aboard a Blue Origin rocket.
Blue Origin safely launches wheelchair user to space and back
German engineer Michaela Benthaus is the first person with a significant physical handicap to reach space.
Jared Isaacman, billionaire who's flown with SpaceX, confirmed to lead NASA
President Trump withdrew Isaacman's nomination for NASA administrator in April, before nominating him again in November.
Latest Galleries
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Notable Deaths in 2025
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Evidence in the Barbara Kendhammer case
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
The life & near death of prizefighter Christy Salters-Martin
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Who is Alix Tichelman?
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Latest CBS News Videos
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Latest CBS News Videos
Thieves use stolen SUV to rip ATM out of store
Thieves hooked an ATM to a stolen SUV and ripped the machine out of a Texas convenience store in a brazen robbery captured on video released Wednesday by the White Settlement Police Department. Police say the ATM later disconnected as the suspects fled and officers recovered it in a culvert. Investigators are searching for the suspects.
West Coast storm disrupting holiday travel
There have been more than 1,700 flight delays in the U.S. so far Wednesday, according to FlightAware. That's due in part to a major storm hitting the West Coast. CBS News senior transportation correspondent Kris Van Cleave reports.
WSJ: Staffers leaving Heritage Foundation
More than a dozen staffers have left the conservative think tank the Heritage Foundation for a nonprofit founded by former Vice President Mike Pence, the Wall Street Journal reports. The internal blowup was sparked by foundation president Kevin Roberts defending Tucker Carlson's interview of white nationalist commentator Nick Fuentes.
Ukraine signals peace plan progress
Ukrainian President Volodymyr Zelenskyy says he has agreed to most of the United States' 20-point plan to end Russia's war with Ukraine, but control of the Donbas region remains a sticking point. CBS News' Ramy Inocencio has the latest.
Marking 20 years of "The Elf on the Shelf"
2025 marks a milestone for a Christmas book that sparked a holiday tradition for millions of families: Elf on the Shelf is 20 years old. The first book about the beloved and sometimes mischievous character was published along with the elf doll in 2005. CBS News' Dave Malkoff has more.