$29.01 billion vs $29.57 billion expected by analysts, according to Refinitiv.1.93 billion vs. 1.93 billion expected by analysts, according to StreetAccount.2.91 billion vs. 2.93 billion expected by analysts, according to StreetAccount.Facebook will make significant changes in the next year to focus more on its full-screen video Reels feature, which competes directly with TikTok,told analysts on the earnings call.
He warned that, "this shift will take years, not months, to fully execute," and that ultimately it will be as significant to Facebook as the adoption of the News Feed and Stories features.Zuckerberg kicked off the earnings call with a Facebook whistleblower Frances Haugen giving evidence to the joint committee for the Draft Online Safety Bill, as part of government plans for social media regulation.Haugen initially shared documents with the Wall Street Journal, which published a series of stores on them, and she then appeared in front of a Senate panel earlier this month to testify about her experiences at the company. Since then, Haugen has released documents to several more news outlets, leading to additional news articles.
He touted Facebook's investments in research and said the rest of the industry should follow its lead.
Thats qas fuking halarious that mark says oh no qe dont like misinformation but do nothing to stop it, oh yes we belive in safty over profits but dont look over here at our 9 billion profit margin
Buyback stocks to save company stock , Facebook can not stop the end , just Delay
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