Zuckerberg tightens grip as Facebook profit soars


SAN FRANCISCO: Facebook fielded a plan to tighten Mark Zuckerberg’s grip on the helm as the booming social network reported stellar profit. 

Profit in the first quarter tripled from a year ago to US$1.5bil (RM5.87bil) as revenue jumped to US$5.4bil (RM21.12bil) from US$3.5bil (RM13.69bil) in the same period a year earlier. 

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Tech News

India's HCLTech misses Q4 revenue estimates
Intel falls as weak PC chip demand hurts second-quarter forecast
Russia's Yandex reports Q1 revenue rise as market awaits spin-off news
Japan to levy big fines with new app rules
Inside Big Tech’s underground race to buy AI training data
Facebook scams demand stricter online rules, Japan lawmaker says
A Chinese firm is America’s favourite drone maker – except in Washington
Snapchat parent soars after beating revenue, user growth estimates
Alphabet, Microsoft earnings show hefty AI bets are driving growth
Rescue pup to meme star: The real-life ‘Dogecoin’ dog

Others Also Read