Technology Facebook Revenue Jumps As U.S. Privacy Penalty Looms

Published on April 24th, 2019 📆 | 7305 Views ⚑

0

Facebook Revenue Jumps As U.S. Privacy Penalty Looms


https://www.ispeech.org/text.to.speech



According to Reuters, Facebook beat analysts’ estimates for quarterly revenue on Wednesday, aided by growth in its Instagram business and a surge in advertising sales, The company also raised the top end of its provision for losses related to Federal Trade Commission privacy concerns from $3 billion to between $3 billion and $5 billion.

View at DailyMotion





Tagged with:



Comments are closed.