Facebook advertisers shrug off its privacy scandal

SAN FRANCISCO (AP) " Facebook's troubles with Russian election meddlers , "fake news " and misused data have dominated headlines globally.But they don't seem to be affecting Facebook's bottom line, so far, as advertisers continue to flock to the service in droves.Facebook's revenue, which largely derives from ads, soared 49 percent to $12 billion in the first three months of the year, the company announced on Wednesday. Profit jumped 63 percent to $5 billion.And despite [...]


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