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02 Nov 2017

Facebook profit soars, with no sign of impact from Russia scandal

The social network said its quarterly profit soared 79 percent and revenues were up nearly 50 percent in the third quarter as marketers poured money into Facebook`s advertising offerings, whose power to target and influence users has actually been showcased by the election scandal.

01 May 2017

Facebook may announce it has 1.9 billion monthly users

Ahead of its first quarter results of 2017 on Wednesday, media reports say Facebook may announce it has nearly 1.9 billion users who log onto the social media platform every month.

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