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Embattled Facebook's quarterly profit climbs to over $9 billion

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Agence France-Presse

<div class="embed-wrap"><figure data-feedback="fb:likes,fb:comments"><img alt="Facebook chairman and CEO Mark Zuckerberg testifies at a House Financial Services Committee hearing in Washington, U.S., October 23, 2019. Erin Scott, Reuters/file" src="https://sa.kapamilya.com/absnews/abscbnnews/media/2021/reuters/10/20/20211020_facebook-rebrand-name.jpg"/><figcaption>Facebook chairman and CEO Mark Zuckerberg testifies at a House Financial Services Committee hearing in Washington, U.S., October 23, 2019.<em> Erin Scott, Reuters/file</em></figcaption></figure></div><p>SAN FRANCISCO - Facebook on Monday reported that its profit in the recently-ended quarter topped $9 billion and its ranks of users continued to increase as the company faced a serious crisis over allegedly putting growth before safety.</p><p>Facebook said profit was up 17 percent from the same period last year, and the number of people using the social network monthly climbed 6 percent to 2.91 billion.</p><div><strong>gc/jm</strong></div><div><strong>© Agence France-Presse</strong></div><figure class="op-interactive"><iframe allow="autoplay; fullscreen" frameBorder="0" height="100%" id="ivsplayer01" scrolling="no" src="https://player.ivideosmart.com/ivsplayer/v4/dist/html/iframe-src.html?iframeid=ivsplayer01&amp;key=e8c22c015ca9eafa76f1e3edfa03c603&amp;spid=3001339&amp;vid=1796486" width="100%"></iframe></figure><div class="iwantbar">Watch more in <a href="//www.iwantv.com.ph/">iWantv</a> or <a href="//tfc.tv/">TFC.tv</a></div>

Facebook on Monday reported that its profit in the recently-ended quarter topped $9 billion and its ranks of users continued to increase.