Facebook profits surge as user base nears 2 billion: Facebook reaches profits of 2billion Photo: fin24 Facebook on Wednesday reported that its quarterly profit surged as its ranks of monthly users closed in on two billion, but warned of rising expenses and slowing revenue growth. The leading social network said it made a profit of $ 3.06bn on $ 8.03bn in revenue in the first … [Read more...] about Facebook profits surge as user base nears 2 billion
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Flight of corporate profits poses biggest threat to South Africa’s economy | The Conversation
Flight of corporate profits poses biggest threat to South Africa's economy: ShutterstockThe South African Reserve Bank’s latest Quarterly Bulletin confirms that foreign corporations are milking South Africa. They are drawing away profits far faster than they are reinvesting or than local firms bring home offsetting profits from abroad. Can anything … [Read more...] about Flight of corporate profits poses biggest threat to South Africa’s economy | The Conversation
