Facebook CEO Mark Zuckerberg has made a big announcement about political groups. The CEO of the company said that from now on political parties (civic and political groups) will not be recommended on Facebook.
New Delhi: Facebook CEO Mark Zuckerberg has made a big announcement about political groups. The CEO of the company said that henceforth political groups will not be recommended on Facebook. Let the company decide at the time of the US elections. Let us know that the company has made great profits in the last quarter of the year 2020. During October to December, it earned $ 11.22 billion, or $ 3.88 per share.
The decision was taken during the US elections
Let us tell you that in October, the company, in the lead-up to the 2020 US elections, decided to stop American users from recommending these groups. In addition, Zuckerberg said that the company is now planning to reduce the political content seen by users in its news feed.
Feedback taken from many people
Zuckerberg said, “We have received feedback from our community, which after hearing has revealed that people are no longer liking to see political content. So he is planning to change his services.”
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Facebook revenue increased in 2020
Let us tell you that the company’s profit has increased in the last quarter of the year 2020. During the Corona epidemic, there has been a significant increase in the number of users of Facebook due to their stay in the house. Apart from this, revenue from digital advertising has also increased. In a survey conducted by FactSat, analysts said that Facebook achieved profits of $ 11.22 billion or $ 3.88 per share during October to December, which is 53 percent higher than the year-ago period.
User base increased by 12 percent
During this period, if we talk about the income of the company, it has increased by 22 percent to about $ 28.07 billion. Apart from this, Facebook’s monthly users base has increased by 12 per cent to around 2.8 billion. Facebook had 58,604 employees at the end of 2020.
