31 Jan
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Sorry, haters! Despite privacy scandal after privacy scandal, Facebook posted record profits last quarter.
As one Facebook employee recently put it, “Fuck ethics. Money is everything.” Revenue in Q4 hit $16.9 billion, up 30 percent from a year ago. Facebook also posted record profits of $6.9 billion. That’s up more than 60 percent from the previous year.
Facebook also gained users. Imagine Mark Zuckerberg climbing up this chart, standing atop the Q4 2018 column triumphantly, with what his friends assure him is a very human-like smile on his face. Read more…
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