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.
Nov 02, 2017, 08:32 AM IST
Facebook shares hit record high as mobile ad sales soar
Facebook Inc`s mobile advertising business grew by more than 50 percent in the second quarter, the company said in its earnings report on Wednesday, as the social network continued to establish itself as the venue of choice for an ever-growing array of online advertisers.
Jul 27, 2017, 12:07 PM IST
