Facebook earns $9 billion despite whistleblower scandal

Technology

Facebook has posted better-than-expected profits for the third quarter, as it continues to face bad press over leaked internal documents.

The social media giant made $9 billion of profit in the three months to September, up from $7.8 billion last year.

It was, however, hit by a new privacy update to Apple’s iOS 14 operating system, which made it harder for brands to target ads at specific users.

It comes amid fresh claims of unethical behaviour made by a former employee.

Frances Haugen released a cache of internal documents to the public, alleging Facebook put profit before user safety.

Multiple media reports say the documents show Facebook struggled to moderate content that promoted hate speck and se trafficking outside of US.

On Monday, Facebook chief executive Mark Zuckerberg told investors on a conference call:  “What we are seeing is a coordinated effort to selectively use leaked documents to paint a false picture of our company.”

In the 12 months to September 30, the social media giant said its monthly user-base had grown 6% to 2.92 million.

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