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Facebook reports Q3 profit amid strife

Facebook Inc on Monday announced more than US$9 billion in quarterly profits, hours after a US news collective published reports arguing that the company prioritizes its growth over people’s safety. The social media giant has been battling a fresh crisis since former employee Frances Haugen leaked reams of internal studies showing that executives knew of the sites’ potential for harm, prompting a renewed US push for regulation. Facebook released results showing its profit in the third quarter grew to US$9.2 billion — a 17 percent increase — and its ranks of users increased to 2.91 billion. Facebook executives said on an earnings call

Facebook : forecasts Q4 revenue below estimates as Apple's privacy rules bite

Facebook Inc said on Monday it will start publishing the financial results of its augmented and virtual reality labs as a separate unit, where it is investing billions in its ambitions to build the... | October 25, 2021

Facebook says root cause of outage was faulty configuration change

Facebook Says Root Cause Of 6-Hour Outage Was Faulty Configuration Changes

Facebook Inc on Monday cited faulty configuration changes on its routers as the root cause of the nearly six-hour outage that prevented the company's 3.5 billion users from accessing its social media and messaging services.

Why were Facebook, Instagram and WhatsApp down for over 6 hours last night?

October 5 Facebook Inc on Tuesday cited faulty configuration changes on its routers as the root cause of the nearly six-hour outage that prevented the company's 3.5 billion users from accessing its s

Why were Facebook, Instagram and WhatsApp down for 6 hours last night?

October 5 Facebook Inc blamed a “faulty configuration change” for a nearly six-hour outage on Monday that prevented the company’s 3.5 billion users from accessing its social media a

MoA - September 2018

Facebook explains content it demotes in news feed in bid for transparency

Facebook says WSJ allegations are 'mischaracterizations,' confer 'false motives'