Facebook's revenue rises 49% to $12 billion amid data row
Facebook has posted a 49% rise in revenue to $11.96 billion for the first quarter of 2018 compared to around $8 billion in the same quarter last year. Further, the company's monthly active users were 2.20 billion, an increase of 13% year-over-year. Facebook released the earnings report while it is facing criticism over the exploitation of its users' data.