Facebook (FB), the social media network giant reported Q3 results Wednesday, November 1. Q3 profit surged a whopping 79% and revenues were up almost 50% seeing marketers increasingly spending money to initiate advertising offerings.
Facebook profit soars, with no sign of impact from Russia scandal
The social network said its quarterly profit soared 79 percent and revenues were up nearly 50 percent in the third quarter as marketers poured money into Facebook’s advertising offerings, whose power to target and influence users has actually been showcased by the election scandal. Chief Executive..