Wednesday, January 31, 2018

Facebook Profit Rises, but Shares Fall as Users Spend Less Time on Network

Facebook said quarterly operating profit soared, a reminder of its dominance in digital advertising despite mounting criticism against the social network. But its shares fell about 5% after the company said recent news-feed changes led to users spending less time on the platform.

from WSJ.com: US Business http://ift.tt/2ntev1V
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