Facebook Inc beat analysts’ estimates for quarterly revenue and profit on Wednesday, driven by a steady rise in advertising. The world’s largest social network has faced scrutiny over the past three years from regulators and users worldwide over its privacy practices and data breaches. Ad sales jumped about 28% to $17.38 billion in the third quarter, above analysts’ average estimate of $17.09 billion, according to IBES data from Refinitiv. …read more
Source:: Yahoo Finance
