Saturday, 27th April 2024
To guardian.ng
Search

Why Facebook’s profit margin is shrinking

By Bloomberg
24 November 2018   |   4:19 pm
Facebook Inc.'s spending has increased by $7 billion, or 47 percent, this year through Sept. 30, and many of those costs are unrelated to safeguard its social network against foreign propaganda and hate speech.

0 Comments

Your email address will not be published. Required fields are marked *

Related

1 day ago
Human Rights Watch says 223 civilians were summarily executed by soldiers in a single day in Burkina Faso. Also, heavy rain continues to bring devastation in Kenya's capital Nairobi, with roads turned into rivers. And it's been a year since Ghana started using a new malaria vaccine. Children have received more than two million doses.
1 day ago
In India's 2024 election, half of the registered voters are women. Yet only a small percentage of them are running for office. In this video, we explore why are there so few female politicians.
1 day ago
Chinese President Xi Jinping said the US and China should be "partners, not rivals," as a series of issues, including Chinese aid for Russia in its war against Ukraine, continue to separate the countries.
1 day ago
Earlier reports had suggested ByteDance planned to sell the app, without its powerful algorithm. Earlier this week, US President Biden signed a law that would effectively ban TikTok in the US if it is not sold.
1 day ago
Over the past two years, the French and Spanish police have been discovering the extent to which rubbish is illegally smuggled across the border. The phenomenon has long plagued Italy, where the mafia organises the trafficking, and is now reaching France and Spain.
1 day ago
Find these stories and much more when you grab a copy of The Guardian on Saturday.