Facebook revenue beats estimates, discloses U.S. FTC antitrust probe

Facebook revenue beats estimates, discloses U.S. FTC antitrust probe

5 years ago
Anonymous $9jpehmcKty

https://www.reuters.com/article/us-facebook-results/facebook-revenue-beats-estimates-discloses-u-s-ftc-antitrust-probe-idUSKCN1UJ2U1

Facebook Inc beat analysts' estimates for revenue on Wednesday for a second straight quarter, but even as it agreed to pay $5 billion to settle a data privacy probe the company disclosed that it faces a new U.S. government antitrust investigation.

Facebook revenue beats estimates, discloses U.S. FTC antitrust probe

Jul 24, 2019, 10:29pm UTC
https://www.reuters.com/article/us-facebook-results/facebook-revenue-beats-estimates-discloses-u-s-ftc-antitrust-probe-idUSKCN1UJ2U1 >Facebook Inc beat analysts' estimates for revenue on Wednesday for a second straight quarter, but even as it agreed to pay $5 billion to settle a data privacy probe the company disclosed that it faces a new U.S. government antitrust investigation.