Facebook is still growing at a slow but steady pace

It feels like for the better part of the past two years, every few months we talk about how Facebook hasn't been having an easy time. In 2018 alone, the company's faced several problems, such as the Cambridge Analytica data privacy scandal and, of course, the recent data breach that exposed private data of 29 million Facebook users. While we won't see the effects of the latter until next quarter, if at all, Facebook has kept raking in cash and users despite everything -- even if its growth has slowed down a bit. For Q3 2018, Facebook reports it has grown to 2.27 billion monthly active users, a 10 percent year-over-year increase, which is complemented by $13.78 billion in revenue.

Source: Facebook

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