Facebook's first-quarter revenue, a major chunk of which comes from ads, jumped 49 per cent to $11.97 billion (U.S.), and profit climbed 63 per cent to almost $5 billion, according to a report released Wednesday, the first since news of the Cambridge Analytica scandal broke in March.
Advertising revenue grew 50% to US$11.80 billion when compared to the same period a year ago, while the number of daily and monthly users both grew by 13% to 1.45 billion (daily) and 2.2 billion (monthly).
Facebook's mobile advertising revenue represented approximately 91 per cent of advertising revenue for the first quarter of 2018, up from approximately 85 per cent of advertising revenue in the first quarter of 2017. But in the aggregate they have shrugged off the scandals, as have users.
Changes to the Facebook news feed to prioritise posts from family and friends were also reflected in the quarter's data - though there was no specific update provided by the company regarding the time users spend on the site.
The company added that its daily active users for the period tallied up to 1.45 billion, in line with the 1.45 billion that analysts polled by StreetAccount projected.
Taking a tough stance against Cambridge Analytica's "unsatisfactory, cryptic and evasive" response to its first notice, the latest government notice has also asked the company to "responding fully, adequately and transparently" to the earlier queries with more details.
If users chose to restrict their data as much as possible on the platform, Ms Sandberg said it "would affect the product". "If users aren't leaving en masse, advertisers will continue to utilize the Facebook platform to sell their products and services", Haris Anwar, a senior analyst at Investing.com, said in a note before the company reported earnings.
The notice has asked about the proceedings that the social media giant has undertaken against those who have violated Facebook's policies of privacy.
"Most are disturbed at an individual level with what happened, but there's nothing that made Facebook overly toxic - yet", he said. "Facebook makes a lot of advertising money off this".
The bump in figures also testified to the resiliency of the company's targeted ad-based business model. The question for analysts will be whether the declines are truly Facebook's own design or a reflection of user preference.
Steps outlined by Zuckerberg to address these areas include restricting the data developers can access; building more artificial intelligence tools to detect and remove fake accounts ahead of elections in both the United States and Europe last year, and doubling the headcount working on security and content review to more than 20,000 by the end of this year.
The ruling came a day before the Supreme Court is slated to hear oral arguments in another major immigration case involving Mr. Federal judges in San Francisco and NY previously blocked the Trump administration from ending the program for now.
The Saudi-led coalition's spokesman Colonel Turki al-Malki did not immediately respond to a request for comment on the incident. Many women and children among those killed in a wedding tent in Hajjah's Bani Qays district, medical official says .
Three witnesses have been killed and several others attacked and threatened for speaking against the 77-year-old godman. Asaram, who has a long flowing white beard and dresses in white robes, has 400 ashrams that teach meditation and yoga.
When Rahul says the Congress made the Constitution, he is continuing his family legacy of humiliating Bhimrao Ambedkar, Shah said. The campaign aims to highlight alleged attacks on the Constitution and Dalits under the Bharatiya Janata Party-led regime.
Dorough wrote and directed episodes of Schoolhouse Rock! from 1972 to 1996, and for direct-to-video releases in 2002 and 2009. This led to a record deal, with his first album, Devil May Care , coming out in 1956.
For example, WhatsApp will now let users download a report detailing the sort of data that the app holds on them. Teenagers elsewhere in the world needn't fret: the app is said to be keeping its age limit at 13 outside the EU.
Goals Robert Lewandowski has scored against Real in the Champions League , the most by any player against the defending champions. He also has doubts over David Alaba and Corentin Tolisso, who have had injuries of late.
Google said with confidential mode , it's possible to create expiration dates on messages and revoke previously sent messages. Therefore this ensures that if the recipient's account were ever to be hacked, this email would no longer be accessible.
Angels pitching coach Charles Nagy checked on Barria (1-1) after the long at-bat. "Like, this can't be happening", Maldonado said. He made loud contact on the final pitch, but the ball was hit directly to right fielder Kole Calhoun .
'Probably really bad': Reds' massive injury blow in Roma win
I am very positive person and hope it only feels bad. "It can not be a little bit less, because we really need the crowd". It's doubtful the 24-year-old will be able to return if the Reds reach the Champions League final on May 26 in Kiev.
Marcus Smart gets ovation in return to Celtics
And then Rozier and Bledsoe re-opened their beef, with the latter leaning into the former with a shoulder away from the ball. After the game, Prunty was asked if he got an explanation for the missed call, and replied, "not a good enough one".
Kipchoge wins London Marathon, Farah is third
Her training partner Laurelly Dale was second, in 3:19:24, and Yvonne Mery third in 3:29:54. "I can say we enjoyed the race". The 38-year-old pipped Switzerland's Marcel Hug into second place, with Daniel Romanchuk of the United States third.
This day could've gone much worse for Matt Harvey and Mets
Harvey has failed to do so in those three starts as he has put a lot of pressure on his bullpen to keep the game close. An All-Star back in 2013, Harvey simply has not been the same since missing the entire 2014 campaign with a UCL tear.
Utah Jazz: 3 takeaways from Game 3 vs. Thunder
Rubio's triple-double was the first by a Jazz player in the postseason since John Stockton in the 2001 playoffs against Dallas. Paul George had a solid night for the Thunder and tried to single-handedly keep the Thunder in it with a 23 point performance.
Here's what P-Square thought of Miracle winning BB Naija
The pilot and model contested keenly for the grand prize of 25 million and a brand new auto alongside other housemates for 85days. During the Live Show finale, the host, Ebuka Obi-Uchendu, asked Nina if she would end her relationship with Miracle .
Rockets vs. Timberwolves: Game 4 Prediction, NBA Playoff Odds
This one likely falls under the total as well thanks to Minnesota cooling off from outside and Houston playing tighter defense. Although, James Harden scored just 12 points and shot 2-for-18 from the field, including 1-for-10 from the 3-point line.
NFL Draft: Mike Mayock predicts Saquon Barkley to Giants
General manager John Dorsey's reputation would forever be stained, and the team's rebuilding strategy would be set back years. He led all rookies and first-year players with 96 tackles and also chipped in two sacks, an interception and a forced fumble.