Facebook's quarterly revenue broke the $10 billion mark for the first time.
Within the small print of the social network's impressive results, it has emerged that 10% of its 2.07bn monthly users are now thought to be duplicates of real users, or nearly double its previous estimate of 6% in the previous quarter.
But CEO Mark Zuckerberg sounded a warning note, after a hard few weeks of debate around the role of rogue Russian actors trying to influence the last USA presidential election through Facebook ads and posts. CEO Mark Zuckerberg claimed that focusing on security will definitely have an impact on the company's bottom line, stating that "We're serious about preventing abuse on our platforms". "But none of that matters if our services are used in ways that don't bring people closer together. It may be harder than we realize upfront, it may take longer, and we won't be flawless, but we will get it done", he told investors.
Zuckerberg said that his company is working with other tech companies to help identify and respond to new threats as part a much bigger focus on protecting the security and integrity of the platform and the safety of the community.
Investor enthusiasm may have been tempered by rising costs at the California-based internet giant and executives stressing the company is firmly in "investment mode" while predicting ad growth will slow.
"Sometimes it just takes a trigger event to cause a bunch of people to take their profit and go someplace else, especially if they have decided this is as good as it is going to get at Facebook for a while".
The world's number one social network along with Twitter and Google is under pressure from U.S. politicians over its role in the last presidential election. Revenues were up 47% from a year ago.
While the 10% figure is relatively small compared to Facebook's massive network of users around the world, it still equates to roughly 207m duplicate accounts - quite apart from its additional 60m "fake" accounts. These workers won't all be full-time at Facebookand will include contractors. Monthly users rose 16 per cent to 2.07 billion.
Facebook reported cash available of $38.2 billion at the end of the quarter. "We now discovered, in the last 48 hours, 120,000 Russian-based posts on Instagram", Stretch told the Senate Intelligence Committee hearing. Lawmakers criticized Facebook for not doing more to stop Russians from interfering in American political discourse.
TMZ reports that Selena's parents were anxious about their daughter re-connecting with Bieber , because of course they were. It certainly looks like the "prospect" of them getting back together is actually turning out to be a real thing.
The further away the score is from 0, the higher the "distance to parity" in the country for that sub index appears to be. It now ranks behind countries including the United Kingdom (15th), Australia (35th) and Bangladesh (47th).
White House sources say it was the President alone who made that decision after watching Comey's congressional testimony May 3. Trump, meanwhile, has reacted to the deteriorating situation by lashing out on Twitter and venting in private to friends.
She has publicly accused Weinstein of raping her twice in her apartment in 2010 and called police about it on October 26. She described the alleged encounter: "He pushed me onto the bed and his trousers were down and he lifted up my skirt".
Heavyweight Rio Tinto Ltd closed at an over six-year high, while its rival, BHP Billiton Ltd closed at a 7-week high. As transactions move to digital channels - and this is driven by our customers - we will need fewer people.
This led to the Prime Minister of Spain Mariano Rajoy dissolving the regional parliament and calling a snap election for December. A High Court source said the arrest warrant for Puigdemont , who is in Belgium, would "most likely" be issued on Friday.
Nonbank mortgage employment declined in September, the largest drop since January, according to the Bureau of Labor Statistics. That was the largest gain since July a year ago , but was below economists' expectations for an increase of 310,000 jobs.
Despite the attest, the La Bamba actor doesn't plan on cancelling a speaking engagement in Corpus Christi later in the day. The event will still go on as planned said Jay Ellington, director of the Corpus Christi Parks and Recreation Department.
The department also believes Canada had unfairly subsidized the lumber exports at between 3.3 percent and 18.2 percent. If the ITC agrees with Thursday's decision, the Commerce Department will issue orders to collect the duties.
Qualcomm may soon be extended a way out courtesy of Broadcom , which itself supplies Apple with Wi-Fi and Bluetooth combo chips. Based on 2016 revenue, the enlarged company would be the world's third-largest chipmaker behind Intel and Samsung Electronics.
The Spanish outfit sits third in Group E after three games - three points adrift of AS Roma and five back of Chelsea . However, the Champions League may not be so easy to forecast once the tournament gets to the knockout stages.
Governor on every issue, Chief Justice Misra said that it can only do do on which legislature (Delhi assembly) can enact laws. He added that even when there were differences between the L-G and state government, "the L-G can not be sitting on a file".