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NPR's Michel Martin speaks with Dipayan Ghosh, a fellow at Harvard University, about Facebook's new political ad requirements.

Weeks ahead of its initial public offering, Facebook released its first quarter profits Monday, and they are down 12 percent from a year ago. At the same time, company expenses have nearly doubled. Facebook attributes some of that to market expansion, which requires more employees and infrastructure.

Facebook parent company Meta is letting a two-year ban on Donald Trump, imposed after the then-president's supporters stormed the U.S. Capitol, expire.

Facebook's plans for a new digital currency have sent Chinese monetary officials scrambling. Since 2014, China's central bank has been looking into launching a cryptocurrency too.

The deal would involve swapping advertising and ends a contentious patent dispute launched by Yahoo three months ago.

Facebook stock goes public this week for the first time. That's got at least some of the site's 900 million plus users thinking it's a good time to start investing. Host Michel Martin asks personal finance expert Louis Barajas what new investors need to know when they're ready to take their first steps.

NPR asked Americans what steps they take to protect their Facebook data. Most say they still use the site, but they're concerned about who can see their information — and how it can be used.

Approximately three-quarters of the world's population now have access to a mobile phone, and the majority of those subscriptions are in developing countries. But those phones don't usually have data plans. Now, Google and Facebook are offering free apps on these devices to get users hooked on social media.

The fallout from Facebook's initial public offering continues to spread, moving from trading screens to potentially the courtroom. Some of the investors who bought shares of the company filed a lawsuit alleging that Facebook and underwriter Morgan Stanley concealed information about Facebook's expected performance.

Facebook's stock price continues to tumble after its tumultuous IPO. Shares are down more than 25 percent since the opening day of trading last month. This all comes as more analysts question if Facebook can generate advertising revenues to justify its lofty valuation.