(Reuters) - Facebook Inc on Wednesday easily beat Wall Street's profit estimates, soothing investor concerns that increased spending on the privacy of its users would blunt growth. The world's largest online social media network has pledged to invest heavily in the privacy and security of its users after scandals over improperly shared data and propaganda hurt its image and made it the target of political scrutiny across the globe.
from Latest News Business on Firstpost http://bit.ly/2Tl2Pfu
Thursday, 31 January 2019
Facebook profit beats Wall Street, shares jump after hours
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