Friday, April 19, 2024

After amassing 2 billion users, Facebook isn’t slowing down

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Even as Facebook continues to fight fake news and tweak its hate speech algorithms, it still remains the worlds most popular social network with over 2 billion monthly users as of June. In its most recent earnings report, the company has recorded yet another profitable quarter with $9.32 billion in revenue, a 47 percent jump from this time last year. User growth also continues to be pretty strong, with a 17 percent growth from this time last year. An average of 1.32 billion people us….
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