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Facebook said on Wednesday that its profit surged in the last three months of last year as people enduring the holidays in a pandemic turned to the leading social network for work and pleasure.
Facebook reported a profit of $11.2 billion on revenue of $28 billion, increases of 53 percent and 33 percent when compared to the same period the prior year.
“We had a strong end to the year as people and businesses continued to use our services during these challenging times,” said Facebook chief executive Mark Zuckerberg.
Facebook said its core social network had some 2.8 billion users at the end of December while 3.3 billion people used at least one of its “family” of apps including Instagram, WhatsApp and Messenger.
The Ooni of Ife, Adeyeye Ogunwusi met with President Muhammadu Buhari on Wednesday over the incessant insecurity in the country. After the visit, Ogunwusi in an interview with the Nigeria […]
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