Facebook Stock Suffers Largest One-Day Drop In History, Shedding $119 Billion
Facebook lost about $119 billion of its value on Thursday, marking the biggest one-day loss in U.S. market history.
Watch CBS News
Facebook lost about $119 billion of its value on Thursday, marking the biggest one-day loss in U.S. market history.
Mark Zuckerberg is clarifying his stance pertaining to Holocaust deniers after getting some blowback on social media.
Facebook said a software bug -- affecting some 14 million -- led some users to post publicly by default regardless of their previous settings.
Facebook is pushing back against a media report saying that it provided extensive information about its users and their friends to third parties.
Facebook has suspended some 200 apps as part of its investigation into whether companies misused personal user data gathered from the social network.
Facebook is adding a "sleep" mode to its Messenger Kids service to let parents limit when their kids can use it.
Facebook CEO Mark Zuckerberg faces another day of grilling on Capitol Hill as he testifies before the House Energy & Commerce committee on Wednesday.
Zuckerberg apologized for his company's role in a data privacy scandal and foreign interference in the 2016 elections before Congress Tuesday, saying the social network "didn't take a broad enough view of our responsibility."
Steve Wozniak announced he's shutting down his Facebook account amid the worst privacy crisis the social media company has faced.
Facebook has vowed to make a litany of changes in how it collects and uses your data, from banning some external apps to giving users more "control."
Facebook's acknowledgment that all 2 billion of its users likely had their information "scraped" without their knowledge or consent should serve as a wake-up call to consumers.
Facebook revealed Wednesday that tens of millions more people might have been exposed in the Cambridge Analytica privacy scandal than previously thought and said it will restrict the user data that outsiders can access.
Facebook's newly revised privacy policy aims to explain the data that it gathers on users more clearly, but does not actually change what it collects and shares.
A user downloaded their Facebook archive and was surprised to find several recordings that had been made years earlier and supposedly deleted.
Facebook CEO Mark Zuckerberg defended his company's business model in an interview published on Monday, arguing that recent criticism from CEO Tim Cook at Apple was unfounded.
Facebook is overhauling its privacy controls to make them easier to use, but the changes won't affect the social network's privacy policies or the types of data it gathers about users.
North Texas is seeing rain on Tuesday and its even impacting the Texas Rangers. Plus, a Colorado school district is switching to a four-day week.
Mr. Zuckerberg is going to Washington. Reports say the 33-year old Facebook CEO has decided to travel to Capitol Hill to testify before Congress.
On the same day Facebook bought ads to apologize for the Cambridge Analytica scandal, the social media site faced new questions about collecting phone numbers and text messages from Android devices.
Facebook's CEO apologized for the Cambridge Analytica scandal with ads in multiple U.S. and British newspapers Sunday.
Mark Zuckerberg is breaking more than four days of silence as he posts an update about the Cambridge Analytica scandal.
Facebook's latest privacy scandal has some people reconsidering their relationship status with the social network. There's just one problem: There isn't much of anywhere else to go.
Delete your account. That's what Jim Carrey says Facebook users should do, as the actor looks to pull the mask off fake news.
Child development experts and advocates are urging Facebook to pull the plug on its new messaging app aimed at kids. Facebook launched the free Messenger Kids app in December.
Facebook is tweaking what people see to make their time on it more "meaningful."
A divided federal appeals court ruled that the Trump administration's policy banning transgender individuals from serving in the military is likely unconstitutional.
A Utah judge denied a request from the suspect accused of killing Charlie Kirk to restrict access to parts of his July preliminary hearing.
The city said it would not release additional details for now to respect the privacy of those involved.
The filing sets up Anthropic, the maker of the Claude AI chatbot, to sell its shares to the public.
The June 7 event, called "Big Gay Swim Day," was organized by two nonprofit groups and is set to be held at the Quakertown Civic Center.
The case has been marred by controversy, racial tension and threats, while drawing national attention, particularly on social media.
A divided federal appeals court ruled that the Trump administration's policy banning transgender individuals from serving in the military is likely unconstitutional.
A Utah judge denied a request from the suspect accused of killing Charlie Kirk to restrict access to parts of his July preliminary hearing.
The city said it would not release additional details for now to respect the privacy of those involved.
The filing sets up Anthropic, the maker of the Claude AI chatbot, to sell its shares to the public.
A North Texas foster family says a legal gray area in Texas' Baby Moses law led to the child being returned to biological relatives.
As he battles terminal cancer, a Fort Worth fire captain says the state's workers' comp system has failed him — and he's far from alone.
A Kennedale couple says their leased solar panels stopped producing power and became a costly burden after years of unfulfilled promises.
Family ignored a nighttime alert during deadly flooding. Now, questions are growing about notification fatigue and whether the system needs changes.
Texans are tuning out more than Amber Alerts, with the highest opt-out rate in the country for wireless emergency alerts.
A divided federal appeals court ruled that the Trump administration's policy banning transgender individuals from serving in the military is likely unconstitutional.
Former Vice President Mike Pence said on Sunday that he hopes the administration will drop its new "anti-weaponization fund" that has sparked pushback on Capitol Hill among Republicans.
More than 200 people have been killed in the monthslong campaign against alleged drug boats traversing the Caribbean Sea and eastern Pacific.
This is the first time Ukrainian President Volodymyr Zelenskyy has made this accusation, which may constitute a war crime.
After it became clear that Paxton secured the Republican nomination, both campaigns unleashed their attacks on Tuesday night, with Talarico calling Paxton "corrupt" and Paxton calling Talarico "radical."
Target, which embarked on a turnaround plan under its new CEO earlier this year, reported an increase in first-quarter sales Wednesday.
During the program's first year, it will be offered at about 65 to 75 hospitals that handle about a quarter of births in the state and largely serve low-income patients, Newsom's office said.
Bimbo Bakeries USA employs over 20,000 people and has been headquartered in Horsham, Pennsylvania, for the past 17 years.
This explosion is among several similar incidents across North Texas that raise questions about why hazardous natural gas leaks keep happening
Zoox, owned by Amazon, produces its own autonomous vehicles that it says are built for passengers, not drivers.
The head of the World Health Organization says Ebola has killed at least 7 people in Congo, but the U.N. agency says it knows the epidemic "is much larger."
The most recent week of data from Dallas County Health and Human Services shows a 50% increase in positive flu cases.
The cruise ship hit by a deadly hantavirus outbreak has docked at the Dutch port of Rotterdam for disinfection, wrapping up a troubled journey that put world health authorities on alert.
At least 80 deaths have been reported in a new Ebola disease outbreak in Congo and Uganda, authorities said.
Dr. Tracy Beth Høeg, leader of the Food and Drug Administration division responsible for regulating prescription and over-the-counter drugs, is leaving her post, a senior FDA official confirmed.
After sharing management of the arena for decades, the Mavericks are now in full control.
Target, which embarked on a turnaround plan under its new CEO earlier this year, reported an increase in first-quarter sales Wednesday.
Expensive tickets, trouble getting visas and anti-American sentiment may all be contributing to underwhelming demand.
Herring said that in the year before tariffs, used car sales were just under half of his business at his dealership in Irving; Now, they are nearly 75 percent.
Bimbo Bakeries USA employs over 20,000 people and has been headquartered in Horsham, Pennsylvania, for the past 17 years.
Russell Henley birdied the final three holes to force a playoff with Eric Cole, then made it four in a row with a 5-footer on the first extra hole Sunday at Colonial to win the Charles Schwab Challenge.
Leiter (3-4) allowed two hits while striking out nine through the first five innings.
Texas strung together five straight hits in the final inning to erase a late deficit and hand rookie Peyton Gray his first major league win.
Azzi Fudd scored 22 points in her first WNBA start, Jessica Shepard had her second triple-double of the season, and the Dallas Wings beat the Las Vegas Aces 95-87.
University president Lawrence Schovanec wrote in a letter to the Texas Tech community that the school would appeal the ruling.
President Trump said he is considering replacing the Freedom 250 concert series with a rally after many artists dropped out.
Sonny Rollins, the legendary tenor saxophonist known for his bold tone and constant experimentation, has died at 95.
The American Music Awards celebrate fan favorites in the music world and feature performances from multiple artists.
Rob Base, the MC whose lyrics lit up the dancefloor classic "It Takes Two" and got countless people moving worldwide, passed away Friday.
After nearly a century on the air, CBS News Radio signed off, with the final reports airing on Friday, May 22.
The Red Bull Flugtag Airshow returned to Las Colinas on Saturday after a 12-year hiatus. Teams are tasked with constructing a flying machine and putting it to the test. It's estimated that around 25,000 people attended the event.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
The Neonatal Intensive Care Unit babies at Texas Health locations across North Texas celebrated Valentine's Day.
As Anthony Davis prepared for his debut game at the AAC, Dallas Mavericks fans took to the arena to protest the controversial trade.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.