Despite the rise in financial results, Mark Zuckerberg announced yesterday, but Facebook has known an unexpected innovation during the last third of last year, with the founder and CEO of Facebook the low rate of time spent on users on his site.
Thus, Facebook has already announced that the average time spent on the site has dropped to 50 million hours a day, or 5 percent, as well as a decline in users, especially in the United States and Canada. Changes you've made to the news feed feature, including fewer videos.
Mark Zuckerberg described 2017 as a difficult year on Facebook but pointed out that the changes made by the site are necessary and that the company is betting on the long term and aims to have users time on its website with a great goal, and yet the company's profits on the financial side continued The third-quarter profit reached $ 4.3 billion, up 16 percent from the same period last year. The company's total profit for the year was $ 16 billion, up 56 percent from the previous year and $ 40 billion in total revenue.
The number of active users reached 2.13 billion users.