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Facebook Earnings Beat Estimates Amid Data Privacy Scandal

The site's revenue rose to $11.97 billion and active monthly users topped 2.2 billion.

The site's revenue rose to $11.97 billion and active monthly users topped 2.2 billion. We ask Russell Brandom, senior reporter at The Verge, why Facebook doesn't appear to have suffered from the data privacy scandal. The popular messaging service WhatsApp is raising its minimum age limit to 16 in the EU. We hear about the impact of social media use on children from Philip Powell, a research fellow in economics at Sheffield University in the UK. Also in the programme, as the international row over what Facebook does with users' data intensifies, our regular economic commentator Irwin Stelzer of the Hudson Institute tells us how likely it is that regulatory reform will follow in the US. We get a markets updater from Doug McIntyre of 24/7 Wall Street. As France's president Emmanuel Macron concludes his US visit, Nicholas Dungan, senior fellow at the US international relations research group the Atlantic Council tells us what he thinks the visit achieved. Also in the programme, the two rival aircraft-makers, the French firm Dassault and Airbus, have announced that they're joining forces to design and build a new generation of jet fighters. Our business correspondent, Theo Leggett, explains what this means. Plus as France bans vegetarian food producers from using words like steak, bacon or sausage, French cattle farmer and member of parliament Jean-Baptiste Moreau explains why he proposed the law, and we get reaction from Felix Hnat, president of the European Vegetarian Union.

(Photo: Facebook logo. Credit: Reuters)

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27 minutes

Last on

Wed 25 Apr 2018 22:32GMT

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  • Wed 25 Apr 2018 22:32GMT