Despite being caught in disputes, the number of users of social media website Facebook has increased. Facebook’s profits rose 61 percent to $ 6.9 billion in the month of December. The company gave its information on Wednesday.
The company said that its revenues rose 30 percent year-on-year to $ 16.90 billion in the fourth quarter of the year. During this period, the number of users of the company rose by nine percent to 2.32 billion. The company’s chief executive, Mark Zuckerberg, said on the results: “The growth of our community and business is on the rise.”
After the company’s share was released, it jumped to 7.70 percent and reached $ 161.99. During the quarter, the company’s employees increased by 42 percent to 35,587.
In a recent TechCrunch report, it was claimed that Facebook gives money to the youth to install VPNs in their phones and that Facebook is installing the software in people’s phones is the spy software.
The report claims that Facebook has been doing this work since 2016. If the report is to be believed, the company is using the youth of the age group of 13 to 35 years, and they are asked to download VPN named Facebook Research in their phone. Read more posts…