Facebook's profits hit $11.2 billion last year
The giant company said in a recent statement that it attained a profit of $11.2 billion in the last three months of 2020, an increase of more than 50% from 2019. Facebook's revenue also rose 33% to roughly $28 billion during the quarter despite the pandemic, showing the stability of its core advertising business. Criticism of Facebook's policies continue to rise Although Facebook's business continues to improve, it is facing accumulating examination from regulators over its acquisitions, and from critics, for the role, the platform may have played in circulating lies about the US presidential election. During a call with analysts, CEO of Facebook Mark Zuckerberg revealed that the social media platform plans to limit the amount of political content and press releases on its app. He...
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How Ticketing Trends Are Reshaping The Traveler’s Journey
Airlines and rail operators are quietly rewriting the rules of travel, and the shift is happening at the moment passengers click “buy”. After a turbulent decade for demand, carriers are leaning on new ticketing tech to protect revenue, cut servicing costs, and sell more tailored bundles, while regulators push harder on transparency and refunds. The result is a journey that starts earlier, feels more personalized, and, when disruptions hit, can either resolve in minutes or spiral into hours of friction, depending on the tools behind the ticket. The ticket is becoming a “living” product For...
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Facebook's profits hit $11.2 billion last year
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