Last year, Facebook was accused of many scandals regarding user and negative news constantly surfaced. However, today it is growing more than ever. According to the report of the last quarter of 2018, the company's revenue skyrocketed and beat everyone's expectations, while increasing the number of users!
More specifically, for December 2018, more than 1.52 billion people were recorded using Facebook every day, which shows a 9% increase year-on-year. Also, the same increase was observed for monthly active users and the day the large amount of 2.32 billion users was registered was on December 31st! These numbers prove the extensive use of the social media in Europe and America.
Despite these high numbers, 2018 was a year of heightened security and privacy concerns. Notable among these issues was the Cambridge Analytica data breach scandal, in which hackers stole the credentials of 50 million people. In addition, there were many accusations that helped fuel hate speech against Facebook.
Regardless of the scandals, the company stated that in the last quarter of last year there was an increase in the number of users in both Europe and the US, which had previously recorded simple stability or even loss in numbers. Also, let's not forget that there was an increase in users and usage on other social media, which now belong to Facebook. Such social media are the well-known Instagram and Watsapp, which are used by billions of people worldwide and every day. So the company is definitely expanding and growing more than ever!
Whatever the public opinion of Facebook as a company from the side of security organizations, it seems that they trust it and more and more users are coming to the platform!
