Facebook says year is off to a 'good start' as it nears 2 billion users

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Early on Wednesday, Facebook CEO Mark Zuckerberg penned a post on his decision to enlist 3,000 more people to monitor violent and other inappropriate videos on his social network. 

Later in the day, he announced the network now boasts 1.94 billion people (so close to the coveted 2 billion and still approaching the 3.6 billion who have access to the internet) who tap into the service every month. From January to March, Facebook pulled in $8 billion in revenue, a 49 percent increase from the year prior. 

So, it seems like the presence of inappropriate videos hasn't really harmed its growth, in users or with money. Not too shabby, but, per usual, the statement in the earnings report was bland: "We had a good start to 2017," Zuckerberg's statement read. "We're continuing to build tools to support a strong global community." Read more...

More about Advertising, Business, Sheryl Sandberg, Mark Zuckerberg, and Earnings


via Zero Tech Blog

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