While #DeleteFacebook has been trending strongly on the internet for a couple of weeks since the Cambridge Analytica personal data-raping scandal broke, the ensuing fallout doesn’t appear to have immediately impacted upon Facebook’s bottom line. The social media piranha/pariah has reported a gargantuan 63 per cent increase in profits in the first quarter of 2018, with 2.2 billion monthly active users – up 13 per cent year on year. The improper handling of data of 87 million Facebook users by Cambridge Analytica did nothing to stop the social media site posting $4.99 billion in quarterly net income on sales of … Continue reading Facebook’s money machine posts $4.99bn profits – an annotated infographic