Facebook blew away Wall Street estimates by reporting a nearly 50 percent increase in revenue in the first quarter from the same period a year ago, to $11.97 billion. (Facebook)
Faced with public outrage, congressional scrutiny, and a sweeping new data-privacy law soon to take effect in Europe, Facebook has vowed to better protect its users' privacy.
Nevertheless, the social-networking giant's current approach to collecting and using data from the millions of US teenagers on its platform – mostly, treating them the same as adults – will remain unchanged, according to both outside privacy experts and the company itself.
