Tag: Facebook Profit

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With 2.32 bn users, Facebook earns record profits

San Francisco: Despite facing intense scrutiny over data privacy, Facebook stock rose 12 per cent after it logged a record revenue of $16.91 billion — up from $12.97 billion in the year-ago period — in the fourth quarter that ended December 31. The social media giant now has 2.32 billion monthly active users (MAUs) globally […]

  • Friday, 09 July 2021
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