Facebook's stock dips after Zuck warns Russian crackdown will hurt profits
Nov 03, 2017, 00:13
"I believe this will make our society stronger, and in doing so will be good for all of us over the long term", Zuckerberg said on the call.
Security is clearly a major and costly issue for Facebook.
Facebook's top lawyer, Colin Stretch, told U.S. lawmakers this week that the company planned to add roughly 10,000 more employees to aid its efforts to eradicate fake news, misinformation, and state-sponsored efforts to sway public opinion. Third-quarter ad revenue rose 49% to $10.1 billion, beating the consensus of $9.71 billion. "Protecting our community is more important than maximizing our profits", Zuckerberg told journalists after the company reported third-quarter earnings.
"We're serious about preventing abuse on our platforms".
Chief executive Mark Zuckerberg used the update to address criticism of Facebook for allowing disinformation and manipulation during the 2016 United States presidential election, hours after the company's top lawyer faced a grilling at a Washington congressional hearing. We're investing so much in security that it will impact our profitability. EPS (GAAP): $1.59 vs. $1.28 expected, up 77% from the year-ago period.
But Facebook's investment in platform security goes far beyond that, as Zuckerberg explained on Wednesday.
Away from the financials, Facebook'sdaily active users (DAUs) and monthly active users (MAUs) saw a YoY increase of 16 per cent. DAUs were 1.37bn on average for September 2017, while MAUs were 2.07bn as of 30 September.
It's worth noting that more than 98 percent of Facebook'srevenue comes from advertising, 88 percent of which is from mobile devices.
The latest data on Instagram is on top of the estimated 126 million Americans exposed to Facebook posts from Russian entities seeking to create divisions during the election campaign. "You've created these platforms, and now they are being misused, and you have to be the ones to do something about it, or we will". During the earnings call, Zuckerberg noted that they are making large-scale efforts in video content, artificial intelligence and virtual reality, among other areas.
The apartment is in a residential area along the Odakyu Odawara Line, about 600 meters from Sobudai-mae Station. Police made the grisly find after investigating the disappearance of a 23-year-old woman earlier this month.
John claims Spacey displayed his affection once again the next day, leaving John uncomfortable to the point of "tears". Sky News has approached Spacey's representatives for comment but have not received an answer.
Hasiotis and two other officers, Michael Welsome and Kevin McGinn, secured the area, took witness statements and grabbed the guns. Neighbors said he moved in sometime in the past year and largely kept to himself, though he often jogged outside.
Therefore, the proper way to stack a cheeseburger is as follows (from top to bottom): bun, lettuce, tomato, cheese, patty, bun. GOOGLE'S CEO IS TACKLING what may turn out to be one of the biggest business problems he will ever face in his life.
The acknowledgment came as Tesla reported third-quarter revenue of $2.98 billion, up 29.9% from a year earlier. On average, analysts anticipate that Tesla will post ($6.70) earnings per share for the current fiscal year.
Littered with the skeletons of deceased monsters, a land of unique and very big creatures awaits amongst this bed of bones. It will also include Palico armor that makes the player's Palico look like one of the machines from Horizon: Zero Dawn .
Sanders later said Papadopoulos was a member of "a volunteer advisory council that meant one time over the course of a year". He said, "The walls are closing in" in the White House, and "everyone is freaking out".
Just seeing her be able to do something so creative with [her denim line] Good American - that's her passion. One user asked, "This telling us you're pregnant Khloe?" while others were convinced it was her confirmation.
Australia to ban climbing Uluru from 2019
The board can also close the climb if it believes people will continue to visit the sacred site without being able to climb. According to the board, only 16 per cent of visitors to the national park climbed Uluru from 2011 to 2015.
Russia's Putin arrives in Iran
Putin was in Tehran to take part in the second three-way summit with Rouhani and Azeri President Ilham Aliyev. The host nation believes this will show that USA approval is not needed for regional cooperation.