Facebook's profit goes up, and that's how much money it made in the last three months

Facebook's profit goes up, and that's how much money it made in the last three months

Facebook reported on Wednesday an increase in its profits in the past quarter, thanks to advertising that increased to more than two billion users. Net profit in the second quarter went to 71% year-on-year from $3.9 billion to $9.3 billion. Within hours, shares [...]

Facebook reported on Wednesday an increase in its profits in the past quarter, thanks to advertising that increased to more than two billion users.

Net profit in the second quarter went to 71% year-on-year from $3.9 billion to $9.3 billion.

Within hours, Facebook shares increased from 2% to $166.83, the results from the social network, the newspaper Express broadcast.

“We had a good second quarter and a good one-half-year-on-year”, chief executive Mark Zuckerberg said.

Our community is now two billion people and we are focusing on bringing the world even closer to”, he said.

The number of people using Facebook at least once a month turned out to be 2.01 billion at the end of June, an increase of 17% from last year.

Related
The First Space Periodic Mission

The First Space Periodic Mission

Audus presents the fastest and most powerful supermachine in his history

Audus presents the fastest and most powerful supermachine in his history

Britain to use artificial intelligence to verify the age of asylum seekers

Britain to use artificial intelligence to verify the age of asylum seekers

Good news from YouTube: Videos with artificial intelligence will be clearly labeled

Good news from YouTube: Videos with artificial intelligence will be clearly labeled

EU fines Chinese giant Temu at 200m euros for dangerous children's toys and damaged chargers

EU fines Chinese giant Temu at 200m euros for dangerous children's toys and damaged chargers

The Internet has been partially restored to Iran, says organisation overseer

The Internet has been partially restored to Iran, says organisation overseer

The Ferrari represents the first electric car, it costs $640,000.

The Ferrari represents the first electric car, it costs $640,000.

Stellantis presents ambitious plan for new models

Stellantis presents ambitious plan for new models

Why doesn't gold rust? Scientists detect “atomic reasoning” following the endurance of precious metal

Why doesn't gold rust? Scientists detect “atomic reasoning” following the endurance of precious metal

Musk loses battle for OpenAI control, court gives Altman justice

Musk loses battle for OpenAI control, court gives Altman justice

Mercedes - AMG discovered its first four-door electric vault

Mercedes - AMG discovered its first four-door electric vault

This Toyota model fails on security tests

This Toyota model fails on security tests

The pilot robot “mecha” appears on the market

The pilot robot “mecha” appears on the market