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Facebook revenue beats analyst expectations and rises to £28bn in fourth quarter WASHINGTON, DC - SEPTEMBER 19: Facebook founder and CEO Mark Zuckerberg leaves a meeting with Senator John Cornyn (R-TX) in his office on Capitol Hill on September 19, 2019 in Washington, DC. Zuckerberg is making the rounds with various lawmakers in Washington today. (Photo by Samuel Corum/Getty Images) Revenue at Facebook rose to $26.44bn in the fourth quarter of 2020, up some $7bn on the same time last year. Facebook beat analysts’ estimates for quarterly revenue on today, powered by increas...

Facebook investors, shrugging off election woes, look for 'social commerce' payday Toggle share menu Advertisement Facebook investors, shrugging off election woes, look for 'social commerce' payday Facebook Inc may face questions about fallout from U.S. election controversies when it posts earnings on Wednesday, but top of mind for investors is a less political matter: the company's heavy bet on e-commerce to drive ad sales. FILE PHOTO: A 3D-printed Facebook logo is seen placed on a keyboard in this illustration taken on Mar 25, 2020. REUTERS/Da...

Facebook Inc.’s WhatsApp has been alerting its 2 billion users to an update of its privacy policy -- and if they want to keep using the popular messaging app, they have to accept it. The new terms, delivered in early 2021, have caused an outcry among technology experts, privacy advocates, billionaire entrepreneurs and government organizations and triggered a wave of defections to rival services. WhatsApp says the changes are necessary to help it integrate better with other Facebook products, but

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WhatsApp controversy highlights growing fears about data privacy Many users abandoned WhatsApp after the messenger service changed its privacy policy. Worries that their data could end up with Facebook are driving them to competitors pushing superior data protection. Millions of users downloaded alternative messenger apps after WhatsApp announced a change to its privacy policy Millions of digital messenger app users seem to have scrambled for alternative services in the last week, after Facebook-owned WhatsApp announced changes to its privacy policy. The reaction highlights a growing concer...