Facebook sets aside billions to pay its way through privacy issues

Facebook sets aside billions to pay its way through privacy issues

5 years ago
Anonymous $9jpehmcKty

https://thenextweb.com/facebook/2019/04/25/facebook-sets-aside-billions-to-pay-its-way-through-privacy-issues/

Facebook may be reeling from a string of privacy disasters, but in terms of sheer usage, the social network continues to be unstoppable in its quest for growth. And in its latest earnings report, the company has revealed that it’s happy to throw money at anything that stands in its way.

For the quarter ending March 2019, Facebook said it reached 2.38 billion monthly users and 1.56 billion daily active users, pulling over $15.08 billion in revenue. That’s a 26 percent increase YoY, indicating that Facebook still has a chance to grow its user base in these difficult times.