Facebook revenue growth slows, costs weigh on profit


NEW YORK: Facebook Inc posted its slowest growth in quarterly revenue in two years and higher spending on research and development ate into profits.

Shares of the world's largest Internet social network fell 2 percent in after-market trading on Wednesday.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

From risk-off to selective positioning
Gulf luxury car profits under siege
Pursuing the Elixir of growth
A winner in medals
Winners and losers in carbon-priced climate
A time of carbon reckoning
Airbnbs top US$6,000 in World Cup rush
Oil & war the big woes
‘Mr Brexit’ made winning�calls amid Iran war
The AI finance revolution

Others Also Read