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| Facebook in damage limitation mode Facebook was in damage limitation mode on Thursday when its chief technology officer told British lawmakers that it would radically overhaul its political advertising rules to make them more transparent, after MPs attacked the social network for being a "morality-free zone". The MPs on the select ...
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| SRAX Recap: Facebook and Twitter Beat First Quarter Expectations Despite the increasing scrutiny over consumer data use, Facebook reported $11.97 billion in revenue for Q1 2018, a 49% increase from Q1 2017. The company also posted a $4.99 billion profit for first quarter and the number of daily users rose to 1.45 billion. Twitter reported $665 million in revenue for ...
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