01 Nov Zuckerberg Sees Relief from Privacy, Security Woes in 2019
In the company’s latest earnings call, Facebook’s Mark Zuckerberg said that the company will be seeing some relief in terms of privacy and security after three years of heavy investment through the end of 2019.
Zuckerberg said that while Facebook fell behind on its three-year roadmap and failed to find solutions to the sophisticated threats it faced in the past few years, the company is improving on the way it handles evolving adversaries and it will manage problems overtime.
The company reported revenue of $13.7 billion for the three months ended in September, up 33%. $13.5 billion of which was advertising. The platform also had 1.49 billion daily average users and 2.27 billion monthly average users in September, while it is estimated that around 2.6 billion people now use Facebook, WhatsApp, Instagram, or Messenger each month.