What Facebook crisis? Ad sales skyrocket to $11.8 billion, users don't #delete

Facebook reports profit surge, user growth despite scandals

They are probably even less concerned about this data - about tastes, purchases, kinks and choices - being used by "third parties" to throw information, even misinformation, at them, tailored according to their Facebook-reflected choice. Despite gains Wednesday, Facebook's stock has slid 17 percent since an all-time high in February.

Ousted Cambridge Chief Executive Officer Alexander Nix refused to appear before the committee earlier this month, after previously agreeing to.

Facebook's CTO Mike Schroepfer answering questions before the Digital Culture Media and Sport Committee at Parliament in London
Facebook's CTO Mike Schroepfer answering questions before the Digital Culture Media and Sport Committee at Parliament in London

And in spite of the #DeleteFacebook movement that ironically spouted up on Twitter following Facebook's questionable handling of user data, the social network saw a 13 per cent rise in daily active users. Capital World Investors raised its stake in shares of Facebook by 1.5% during the 2nd quarter. Advertisements on Facebook would carry the label "political ad", and give a link to who bought it. It's the very data at the center of its recent privacy scandal. He also pointed to the 200 million Facebook users who are now part of "meaningful" Groups, adding that his goal is to make that number reach 1 billion in the near future.

The earnings report followed weeks of tumult for Facebook, after a controversy erupted last month when The New York Times and other news outlets reported that millions of Facebook users' private information had been harvested by Cambridge Analytica, a political firm with ties to the Trump campaign. A few companies, including the German bank Commerzbank and speaker-maker Sonos, temporarily paused their ads.

BS Yeddyurappa has more battles to win within BJP than outside
Siddaramaiah is a virtual lone ranger in his constituency, battling a friend-turned-foe in JD (S) candidate GT Deve Gowda . Yatheendra Siddaramaiah will be contesting from Varuna constituency.

Last quarter, Zuckerberg touted surprising new metrics that people were spending fewer hours per day on Facebook - a outcome of the company's new push to emphasise the quality of interactions on its platform over the popularity of content. Zuckerberg appeared to back away from the idea after previous statements that many read as potentially supportive.

A recent study by the American Press Institute and the Associated Press-NORC Centre for Public Affairs Research found that 12 percent of people trusted Facebook as a news source. Parliament officials were trying to accommodate Facebook's requests this afternoon, the official said, and hope to officially announce the visit soon.

Old Trafford to host India, Pakistan World Cup clash
In 2009, the entire tournament was shifted to South Africa while in 2014, the first part of the league was held in the UAE. These, however, are not cast in stone as the final stamp on the matter will only be put in the ICC's Board meeting.

Advertising revenue rose 50% to $11.7bn, with 91% generated by mobile advertising.

Facebook did not immediately respond to a Fortune request for comment on Schroepfer's comments.

BMW Concept iX3 EV gets official in China
The expansion of the iX3 range is in line with company strategy to develop emission-free vehicles and promoted driverless cars. In the BMW Concept iX3 , the next, highly integrated development stage of this technology delivers all-electric mobility.

On a conference call, Mark said that the company is investing "heavily" on safety and security, including workers with language skills for detecting hate speech, and tools for verifying government IDs ahead of elections in the US and overseas by the end of the year. But he said Facebook doesn't "really see a doomsday scenario here".

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