May 3, 2017

Facebook nears 2 billion monthly users

That was helped by higher advertising revenues, particularly on mobile. It also said the number of people using Facebook on a monthly basis had increased to 1.94 billion, higher than experts had predicted. "We had a good start to 2017," said Facebook chief executive Mark Zuckerberg. The company has come under sustained pressure over its handling of hate speech, child abuse and self-harm on the social network. On Wednesday, Mr Zuckerberg announced it was hiring 3,000 people for its "Community operations team" to review content on the site.

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