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Gradual decline in enthusiasm for Facebook, Twitter: Study

Gradual decline in enthusiasm for Facebook, Twitter: Study

More and more people are gradually viewing social media platforms like Facebook and Twitter and enterprise social media LinkedIn negatively than in the past, an interesting study has revealed.

With strong quarter growth, Facebook hits 1.71 billion monthly users

With strong quarter growth, Facebook hits 1.71 billion monthly users

Showing strong revenue and profit growth, social networking giant Facebook has added 60 million monthly users in the second quarter of 2016 to reach 1.71 billion users while scoring $6.44 billion in revenue -- blowing the earlier estimates of $6.02 billion.

Facebook quarterly profit doubles as user ranks grow

Facebook quarterly profit doubles as user ranks grow

Facebook quarterly profit more than doubled as its ranks swelled during the past year to a mammoth user base of nearly 1.6 billion.

 

Mark Zuckerberg's net worth jumps to $29.7 bn

Facebook founder and CEO Mark Zuckerberg's net worth has jumped by USD 3.1 billion to USD 29.7 billion after the social networking giant's shares surged on strong fourth quarter performance.

Facebook ‘paid no taxes’ in US despite record profits last year: Report

Facebook paid no taxes in the US, despite earning more than one billion dollars in profits last year, a report has said.