reported monthly active users up 7.3% at 2.9 billion for the quarter ended in June. The figure was in line with expectations but reflected slowing growth, knocking shares down by 4% in late trading.
The social media giant said total revenue of $29.08 billion rose 56%. Net profit jumped 101% to $10.39 billion, or $3.61 a share. Both figures represented a beat on the wings of higher digital ad revenue that has marked tech sector earnings this week and last.. “I’m excited to see our major initiatives around creators and community, commerce, and building the next computing platform coming together to start to bring the vision of the metaverse to life.
😋😍😝
Someone should tell this guy to change hairdresser.
DeleteFacebook
People should be deleting their accounts
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Spotify Misses Overall Q2 User Target, Ad Revenue Jumps 110%Spotify, citing ongoing headwinds from the COVID pandemic, fell short of its total monthly user growth goal in the second quarter of 2021. The audio-streaming giant netted 7 million paying subscrib… Don't support companies that censor. I had Spotify for the free 14 day trial and then immediately had to delete it! I'll happily stick to ripping my CDs on to a memory stick thanks. they paid Harry & Meghan $25M for a 35 minute podcast, they woke now
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YouTube Hits $7B in Ad Revenue, Tops Wall Street ExpectationsYouTube raked in more than $7 billion in ad revenue during Q2 of this year, parent company Alphabet reported in its quarterly earnings on Tuesday.
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UPS shares hit three-month low on worries e-commerce is coolingUnited Parcel Service Inc (UPS.N) shares fell to a three-month low on Tuesday on worries that growth from the pandemic-fueled e-commerce boom may be fading. Sounds about right. Have seen my local driver throw my stuff around. Drop some high dollar music gear and I had to send it back. Make your customers happy and you’ll get your 💰 back
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IMF cuts emerging Asia growth forecast on COVID-19 resurgenceThe International Monetary Fund on Tuesday cut this year's economic growth forecast for emerging Asia, as a spike in coronavirus cases from new variants and slow vaccinations cloud the region's recovery prospects.
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Earthquake, Magnitude 2.9 - CROATIA - 2021 July 27, 07:03:52 UTCM2.9 earthquake (potres) strikes 17 km SW of Sisak (Croatia) 9 min ago. Read eyewitnesses' stories & share yours: Blizu mene, oko 10-ak km od mene.
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