Earnings reports from major companies such as Facebook and Twitter most likely showed up on your social media radar. In this week’s episode of our weekly news round up, Social Update, Sunny explains why the social media giants’ stock prices took a dive, and what’s in the works for the last fiscal period of 2014. You will also learn more about Facebook’s new anonymous messaging app, and why IHOP wants their younger social media followers to “RT if IHOP is bae.”

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