Facebook profits grow amid revelations from leaked documents

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Facebook profits grow amid revelations from leaked documents
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Facebook profits grow over the past quarter by 17 percent, even as the platform battles serious allegations that it valued financial success over user safety

Senior campaigner Flora Rebello Arduini adjusts an installation outside parliament in Westminster in London, on October 25, 2021.

Facebook released results on Monday showing its profit in the recently-ended quarter grew to over $9 billion –– a 17 percent increase –– and its ranks of users increased to 2.91 billion. News organisations like The New York Times, The Washington Post, and Wired were among those that have now received access to the set of internal Facebook documents that Haugen originally leaked to US authorities and which were the basis of a damning Wall Street Journal series.

Facebook has been hit by major crises previously, but the current view behind the curtain of the insular company has fueled a frenzy of scathing reports and a renewed push from US lawmakers to crackdown on social media.

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