Article 4KKCA As the controversy mounts, Facebook still seems to click

As the controversy mounts, Facebook still seems to click

by
Jasper Jolly
from Technology | The Guardian on (#4KKCA)
The social media giant is set to unveil its second-best results this week, despite a privacy ruling and fears over Libra

Facebook is expected to report its second most profitable quarter ever on Wednesday, even in the wake of a $5bn (4bn) fine and an unprecedented level of scrutiny over its plans to launch a new global currency.

While regulatory struggles and digital money plans have hogged the spotlight in recent weeks, investors and analysts remain convinced that the social media juggernaut can continue to expand.

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