Facebook and its apps serve more than 3-and- a-half billion people worldwide, and generate more than 86-billion dollars in annual revenue. But after the company was accused of spreading misinformation and ignoring safety and privacy concerns, CEO Mark Zuckerberg has announced a new name for the social media giant. Martin Markovits reports. Daniel Ives is a tech sector analyst and managing director at Wedbush Securities. He joins us now from New York.

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