Facebook's bottom line takes a hit after falling short of expectations
Facebook stock dropped more than 20 percent Wednesday night after the company missed Wall Street's expectations for its second-quarter earnings. CNET senior producer Dan Patterson spoke to CBSN about Facebook's future. Patterson also threw cold water on a report that Twitter is "shadow banning" Republican accounts from its search bar, saying, "There's no data to back this up," and, "Let's not chalk up to conspiracy what can be chalked up to incompetence and bugs."