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Highlights Facebook turned 17. He is even more optimistic about the years ahead. New Delhi: Facebook has marked 17 years since it went live in a Harvard dorm room, wiith boss Mark Zuckerberg thanking everyone for being part of the community, stating that it has been a 'wild journey'. Zuckerberg in a Facebook post wrote that he is proud of what the company has 'accomplished together these last 17 years' adding that he is even more optimistic about the years ahead. Zuckerberg wrote: Facebook Inc soundly beat quarterly revenue estimates last week. The world’s biggest social media company said ...

Tech juggernauts Apple and Facebook both beat already-high Wall Street expectations on Wednesday when they reported earnings for the holiday quarter. Apple posted its most profitable quarter ever, fueled by sales of its new 5G iPhones - as well as Mac laptops and iPads, driven by consumers working, learning and playing from home. CEO Tim Cook said iPhone sales in China rose 57%. In an interview with Reuters, Cook said Apple gained in China both from customers switching from rival Android devices as well as existing customers upgrading devices, but said "upgraders in particular set an all...

4 Min Read (Reuters) - Facebook Inc soundly beat quarterly revenue estimates on Wednesday after heavy holiday advertising by e-commerce retailers, but it warned Apple’s impending privacy changes could hurt revenue by interfering with ad targeting. The world’s biggest social media company said it expected to face “significant ad targeting headwinds in 2021.” Facebook forecast that Apple’s update of its iPhone operating system to iOS 14 could start biting into revenues as early as the end of the first quarter. Shares were flat after hours following an initial drop. The fourth-quarter ...

Facebook's fourth quarter results beat expectations Updated / Thursday, 28 Jan 2021 07:14 Facebook said it expected to face 'significant ad targeting headwinds in 2021' Facebook soundly beat quarterly revenue estimates last night after heavy Christmas advertising by e-commerce retailers, but it warned Apple's impending privacy changes could hurt revenue by interfering with ad targeting.  The world's biggest social media company said it expected to face "significant ad targeting headwinds in 2021."  Facebook forecast that Apple's update of its iPhone operating system to iOS 14 could start b...

4 Min Read (Reuters) - Facebook Inc soundly beat quarterly revenue estimates on Wednesday after heavy holiday advertising by e-commerce retailers, but it warned Apple’s impending privacy changes could hurt revenue by interfering with ad targeting. The world’s biggest social media company said it expected to face “significant ad targeting headwinds in 2021.” Facebook forecast that Apple’s update of its iPhone operating system to iOS 14 could start biting into revenues as early as the end of the first quarter. Shares were flat after hours following an initial drop. The fourth-quarter ...