SAN FRANCISCO — Facebook’s growth is slowing. But revenue growth was down from the 42 percent jump that Facebook had reported in the previous quarter, when it had also cautioned that its business was set to decelerate. Facebook also said its daily active users increased 9 percent from a year earlier to 1.49 billion, compared with 11 percent growth in the previous quarter. The social network has spent the past 18 months under scrutiny for the spread of disinformation, hate speech and leaks of user data. Executives have vowed change and Facebook has scrambled to apply fixes, even as new issues surface on an almost weekly basis.

Source: New York Times October 30, 2018 20:54 UTC