Facebook revenues and profits soared in the most recent quarter, as advertising dollars poured into the social media company and users continued to flock to the site.
More than two billion people – more than a quarter of the world’s population – log into the site every month, a powerful draw for advertisers.
The firm said revenues hit $9.3bn over the April to June period, jumping 45% year-on-year.
Profits climbed 71% to $3.9bn.
“We had a good second quarter and first half of the year,†said chief executive Mark Zuckerberg, who founded Facebook in 2004.
The Commissioner General of Prisons Thushara Upuldeniya, who was suspended from duty today (09), has…
Former Minister Mahindananda Aluthgamage’s lawyers have filed an appeal before the Supreme Court against the…
Kushani Nanayakkara, a businesswoman and the wife of former State Minister Dunesh Gankanda, has been…
The state-owned Valaichchenai Paper Mill is currently operating at a profit, according to Minister of…
The Ministry of Public Security of Sri Lanka has announced plans to recruit 10,000 individuals…
The Assistant Commissioner of the Anuradhapura Prison was arrested this afternoon (8) by the Criminal…