Facebook Sales, Profit Beat Analysts' Estimates

Despite privacy scandals, Facebook's business thrived with high revenues and profits, maintaining its advertising dominance alongside Google. Instagram also showed strong performance, experimenting with new ad formats and leveraging its platform for growth.

What was the impact of the 2018 privacy scandals on Facebook's business performance?

• Shutdown of the platform

• Minimal impact on business

• Significant decline in revenue

• Complete loss of advertisers

Why do advertisers continue to spend on Facebook despite privacy concerns?

• Facebook has a monopoly on all digital advertising

• Facebook provides excellent targeting capabilities

• Facebook offers the lowest ad rates

• Facebook guarantees viral content

Which two companies form the duopoly in online digital advertising?

• Facebook and Amazon

• Google and Facebook

• Apple and Google

• Twitter and Facebook

What feature on Instagram, inspired by Snapchat, has been successful?

• Live Streaming

• Reels

• Stories

• IGTV

Which of the following is NOT a business line of Facebook?

• LinkedIn

• Messenger

• Instagram

• WhatsApp