In the midst of a crisis, Facebook's quarterly revenues have increased.
Facebook reported on Monday that it has made a quarterly profit of more than $9 billion (€7.75 billion).
The earnings come as Facebook under more scrutiny as new internal data, obtained by whistleblower Frances Haugen, reveals that the firm put its own development ahead of public safety concerns.
The charges vary from CEO Mark Zuckerberg personally approving off on a business strategy to block government critics in Vietnam at the request of the country's communist ruling party to be open about a drop in the number of minors using the app to shareholders.
According to Zuckerberg, the claims were selective and presented the corporation in a negative way.
"Good faith criticism helps us improve," Zuckerberg said in an earnings call, "but my sense is that what we are witnessing is a coordinated effort to selectively utilize leaked documents to present a false picture of our firm."
The claims have had no effect on Facebook's profits. Profit increased by 17 percent to $9.2 billion in the third quarter, compared to the previous quarter. The total number of users has increased to 2.91 billion.
According to Facebook officials, the firm would have done even better if Apple hadn't upgraded its operating system, which prevents advertising from targeting consumers without their permission.
According to the AFP news agency, Facebook Chief Operating Officer Sherly Sandberg stated, "Overall, if it weren't for Apple's iOS 14 modifications, we would have seen positive quarter over quarter revenue increase."
Haugen testifies in front of UK legislators.
On Monday, Haugen, a former Facebook product developer who turned whistleblower, testified before a British parliamentary committee. The committee is now reviewing new legislation aimed at combating dangerous online content.
"Facebook has been unable to accept even small slivers of profit being sacrificed for safety," Haugen told legislators.
She went on to say that Facebook's algorithms drove users to read stuff that was on the far right of the political spectrum. "So someone on the radical left will be driven to the radical right, and someone on the radical right will be pushed to the extremist right."
Reports are published in the United States that are detrimental.
According to US media reports based on internal Facebook papers, the firm was aware that its platform was being used to buy and sell human beings in criminal markets. According to the reports, the corporation did not take action until a BBC story in 2019 highlighted some of the platform's human rights violations.