Facebook keeps growing despite scandals and privacy outrage
Facebook’s past year has been filled with back-to-back privacy scandals and seemingly nonstop bad news, but you wouldn’t know it looking at the company’s earnings sheet. Facebook’s Q4 2018 earnings report is out, and the social media giant has both beaten revenue expectations and seen increased user growth.
There were more than 1.52 billion people using Facebook every day in December 2018, a 9 percent increase year over year. Monthly active users were also up 9 percent year over year, with 2.32 billion as of December 31st.
Those numbers are both up from last quarter by 1.8 percent, improving on a three-month stretch that saw a slight usage decline in the US and Europe. This quarter’s growth is by no means the best Facebook has had, but...
from The Verge - All Posts http://bit.ly/2sTbDh6
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