Facebook announced a quarterly profit of more than 9 billion U.S. dollars (about 67,550 crore). A few hours ago, a US News Corporation published a lot of boring reports that the company puts growth above people’s safety.
The social media giant has been battling new crises because former employee Frances Haugen leaked a lot of internal research, showing that executives knew their website might be harmful, prompting the United States to renew regulation. Facebook’s published results show that its profit in the most recent quarter increased to US$9.2 billion (approximately 69.04 billion rupees)-an increase of 17%-and its number of users increased to 2.91 billion.
Facebook executives said on the earnings call that if Apple hadn’t updated its iPhone operating system to prevent advertisers from tracking app users for ad targeting without permission, the technology giant could have brought more revenue. “In general, if it were not for Apple’s iOS 14 changes, we could have seen positive quarterly revenue growth,” Facebook chief operating officer Sheryl Sandberg said in the name of protecting privacy.
Said when adjusting the iPhone software. A few hours ago, a new report accused CEO Mark Zuckerberg’s platform of succumbing to Vietnam’s national censorship agency, and pointed out that Facebook allowed hate speech to prevail internationally due to language flaws, and said it knew it. Algorithms have contributed to polarization on the Internet.
News Source : Gadgets 360
