Facebook: Increase in users and earnings despite scandals

2018 has been a difficult year for Facebook, with the revelation of some of the biggest scandals in company history. However, Facebook continues to see its revenue (PDF) but also the number of users to grow.

Let us say here that according to the latest data, daily actives have decreased .

In the last three months of 2018, Facebook announced 2,32 billion monthly active users, and 1,52 billion daily active users. In the penultimate quarter the numbers were at 2,27 billion and 1,49 billion users respectively. So there is an increase of 9% from last year.Facebook

Revenue from the largest social network reached 16,9 billion in the 4 quarter, rising by 30% on an annual basis.

"The community and businesses continue to grow," said Mark Zuckerberg, CEO.

We have fundamentally changed the way we run our company to focus on larger social issues and yetand more by creating new and inspiring ways to connect people.

While Facebook seems to continue a growth that does not stop 2018, the company's relationships with lawmakers and users were not the best, especially after the revelation of the Cambridge Analytica scandal.

The scandal brought Mark Zuckerberg for the first time with the US Congress.

The announcement of the company's profits came after another one a big scandal revealed by TechCrunch, which shows that the public is not so interested in its privacy on the internet.

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Written by giorgos

George still wonders what he's doing here ...

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