Facebook on Wednesday tabled their profits in the past quarter, with their gains so far in its use and strong ad growth as the social network appeared to see no impact from a controversy about privacy.

The profit Facebook made in the first quarter of 2018 raised from 63 percent from a year ago to $5 billion, and total revenues increased 49 percent to $11.97 billion, Facebook said in an earnings update which topped most analyst forecasts.

Mark Zuckerberg who has been challenged in the past month on the hijacking of personal data policy used by a political firm, sought to reassure business owners and investors in the latest update.

Read more: https://mashable.com.ng/facebook-profits-up-despite-privacy-scandal/