Next, has the recent data scandal had a financial impact on Facebook? Its stock's been on a rollercoaster ride since last month when news came out that the company named Cambridge Analytica might have inappropriately gotten the information of 87 million Facebook users without them knowing about it.
Facebook's January earnings push its stock price to record highs.
It really is an absolutely bumpful week for Facebook.
But it's been a flood of bad news ever since.
Facebook under mounting pressure to answer questions about how a data firm with ties to President Trump's 2016 campaign collected private information from more than 50 million Facebook users without their permission.
It was a revelation that rocked the social media giant.
Over the last five days, Facebook stocks fell over 3 percent.
And shook public trust.
The backlash forced founder Mark Zuckerberg on an apology tour. First in the media —
This was a major breach of trust and I'm really sorry that this happened.
And then in front of a Congress now seeking to regulate Facebook.
I started Facebook, I run it, and I'm responsible for what happens here.
But that wasn't the end of Facebook's troubles this quarter.
Facebook's CEO was supposed to publicly defend his platform for the second time in as many weeks.
Facebook CEO Mark Zuckerberg has been forced to disavow an internal memo that called for growth at any costs.
Facebook is having to deal with yet another controversy.
What I want is for Facebook to stop being complicit in scamming vulnerable people. Facebook needs to police itself. Not asking me to police it.
The company was called out for collecting the call logs and text messages of its Android users, scanning the photos and links users sent over messenger and even accused in spreading hate speech on the platform that sparked violence in Sri Lanka.
Every time Facebook comes forward to try to put out one fire, another fire pops up.
Amid the firestorm, Facebook has hired more staff to police it s platform. It's promised to make easier for users to retain control over their data and it said it would adhere globally to tough new European Union data protections coming into effect next month.
Facebook is at a turning point. The question is how much — how many resources can they invest to solve these problems?
The company issued a report yesterday that indicated it is weathering the storm. Despite the backlash from the scandal, which included a "delete Facebook" campaign, the number of people using Facebook actually grew. It now has 2.2 billion monthly users. At the end of last year, it had 2.13 billion.
As far as revenue goes, Facebook hauled in almost $12 billion for the first three months of this year. That's close to 50 percent more money than it got the first three months of last year. But some analysts say it's early yet, that the scandal could still impact the company's earnings in the months ahead.