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Facebook profit up 17%, Zuckerberg “excited” about metaverse

October 26, 2021 1:19 PM

NEW YORK (NYTIMES) – Facebook said on Monday (Oct 25) that revenue rose 35 per cent to US$29 billion (S$39 billion) in the three months ending in September compared with the same period last year, while profits rose 17 per cent to US$9.2 billion, a sign of the social network’s financial strength as it faces a public relations crisis over troubling disclosures made by a former employee.

Source : http://www.straitstimes.com/business/companies-markets/facebook-profit-up-17-zuckerberg-excited-about-metaverse

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