Wednesday, 1 November 2017

Facebook pledges to sacrifice profits for better security

Facebook is going through a bit of a rough spot, as it attempts to mend its reputation following allegations that it was used by Russians to influence last year's elections. Still, the company is making money hand over fist, as it reported yet another blockbuster quarter with over $10.3 billion in total revenue. That's a 47 percent increase from this time last year and about a 10 percent growth from last quarter. Yet, CEO Mark Zuckerberg stated that profitability would soon take a back seat to better security.

Source: Facebook


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