Facebook ad revenue up 22% In Q3, active advertisers up by 1M since July
Amid Facebook CEO Mark Zuckerberg’s testimony on content issues and Section 230 to the Senate Commerce Committee yesterday, his company’s flagship platform reported another quarter of impressive earnings results. Despite the high-profile #StopHateForProfit boycott of the Facebook platform by roughly 1,000 advertisers during the month of July, Facebook’s advertising revenue rose 22% year-over-year, to $17.4 billion, in the quarter. Meanwhile, net income rose 29%, to $7.8 billi