facebook revenue

Facebook has spent the past month explaining, apologizing and tweaking its rules after an app developer passed along personal information on as many as 87 million users to Cambridge Analytica.(REUTERS File Photo)

Facebook revenue beats estimates as ad sales continue to grow despite Cambridge Analytica scandal

By Sarah Frier | Bloomberg
UPDATED ON APR 26, 2018 10:59 AM IST
Facebook shares jumped as high as $168.20 after closing unchanged at $159.69 in regular New York trading. The stock has dropped about 14% since the new reports about data-privacy lapses emerged in March.
Story Saved