Facebook doubles profit but braces for hit from Apple privacy changes

Facebook on Wednesday reported revenue of nearly $29.1 billion for the three months ended June 30, a 56% jump from the same period last year when online advertising took a hit as businesses grappled with Covid-19. The company also more than doubled its quarterly profit to almost $10.4 billion, well above the $8.7 billion analysts projected. However, the outlook for the rest of 2021 is not so sunny, CFO David Wehner said in a statement with the earnings report.

And the company recently had a testy back-and-forth with the White House after President Joe Biden claimed that health misinformation on social media platforms is"killing people," although he later backtracked slightly. A small group of protestors on Wednesday lined the street in front of Facebook's Washington D.C. office with body bags labeled with tags saying"disinformation kills.

Like a bunch of truck drivers heading for Walmart

the robots dont need money

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