Facebook reports fastest quarterly growth in five years

  • Social media company beats forecasts and hits $29bn revenue
  • Network condemned for allowing vaccine misinformation

Facebook saw its fastest growth this quarter since 2016, the company revealed in its earnings report on Wednesday, despite regulatory concerns and criticisms surrounding misinformation on the platform.

Related: Remington offers $33m to settle lawsuit by families of Sandy Hook massacre

Continue reading...

source https://www.theguardian.com/technology/2021/jul/28/facebook-growth-earnings-business-quarter

No comments:

Post a Comment

Featured post

Ethiopia’s controversial quest for the sea

https://ift.tt/4t29xJd Ethiopia is famously landlocked. That’s why the ambitious Ethiopian prime minister Abiy Ahmed has long harbored visi...