25-07-2018 22:44 via theverge.com

Facebook growth slows in aftermath of privacy scandals

For years, Facebook has enjoyed astronomical growth, but that’s starting to slow as the company’s moderation controversies and data privacy scandals continue to pile up. Facebook posted earnings for the second quarter of 2018 today, with revenue and user growth coming in under Wall Street estimates. It’s the first time the company’s quarterly sales did not exceed expectations in roughly three years.Facebook’s numbers were still wildly impressive for the quarter: it
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