The company reported a 6% increase of daily active users and a revenue that grew to $29.01bn thanks to online advertising
Facebook’s profits topped $9bn during its most recent financial quarter, clearing investor predictions even as the company faces an onslaught of negative publicity over a major release of whistleblower documents.
The company revealed in its Monday earnings report that it saw a 6% year-on-year increase of daily active users, reaching an average of 1.93 billion for September 2021. Its revenue grew 35% to $29.01bn, thanks to a boom in online advertising.
Continue reading…
The company reported a 6% increase of daily active users and a revenue that grew to $29.01bn thanks to online advertising
Facebook’s profits topped $9bn during its most recent financial quarter, clearing investor predictions even as the company faces an onslaught of negative publicity over a major release of whistleblower documents.
The company revealed in its Monday earnings report that it saw a 6% year-on-year increase of daily active users, reaching an average of 1.93 billion for September 2021. Its revenue grew 35% to $29.01bn, thanks to a boom in online advertising. Continue reading…Technology | The Guardian