Facebook and Microsoft report multi billion dollar results during fourth quarter

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Facebook and Microsoft report multi billion dollar results during fourth quarter


Despite repeated questions about data privacy and security, Facebook says the money keeps rolling in; both Facebook and Microsoft reporting multi-billion dollar results for the quarter.

Facebook posted a record quarterly profit on revenues of nearly $17 billion.  CEO Mark Zuckerberg also promised Facebook will work on building new experiences for users.  

Microsoft also saw revenues rise; making more than $32 billion in the fourth quarter. But, the company says a shortage of computer chips made by Intel is hurting PC sales and that, in turn, held back sales of its Windows operating system.



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