The Inconvenient Truth about Facebook: It's Growing Despite Scandal

Too Long; Didn't Read

Facebook's Q3 2019 numbers show an increase in monthly users from 2.41 billion in Q2 2019 to 2.45 billion. A 29 percent year-over-year increase in revenue, with earnings per share beating analyst estimates. But why does Facebook keep growing? By now, shouldn't people disgusted with Facebook's scandals simply leave? Perhaps there is a massive disconnect between Facebook's harshest critics and Facebook loyalists. The biggest threat Facebook's financial growth may have more to do with the surging Gen Z population than the government.