Facebook has reported greater-than-anticipated profits for the third quarter, despite continuing bad publicity over leaked internal papers.
The social media giant made $9bn of profit in the three months to September, up from $7.8bn last year.
Facebook wins anyway: The firm made $9bn of profit in the three months
It’s being revealed in the midst of additional allegations of unethical behavior by a previous employee. Frances Haugen has made available to the public a trove of internal papers, alleging that Facebook prioritized financial gain above user security.
According to media reports, the papers reveal that Facebook frequently failed to moderate content that promoted hate speech and sex trafficking outside of the United States.
On Monday, Facebook chief executive Mark Zuckerburg 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.”
However, Facebook’s monthly user base has increased by 6% to 2.91 billion people during the same time period.