Facebook reports $7.1 billion in revenue, crosses 1B mobile only MAU in Q3, 2016

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Facebook has announced financial results for Q3, 2016. The social network has reported revenue of $7.1 billion, up 56% YoY while net income was $2.4 billion. Continue reading “Facebook reports $7.1 billion in revenue, crosses 1B mobile only MAU in Q3, 2016”

Alphabet reports $22.45 billion in revenue, announces $7 billion share buyback in Q3 2016

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Google’s parent Alphabet has announced its financial results for Q3 ended September 30, 2016.. The company reported  $22.45 billion in revenue while net income was $5.7 billion. Continue reading “Alphabet reports $22.45 billion in revenue, announces $7 billion share buyback in Q3 2016”