With social media giant Facebook deleting the phrase 'free and will always be,' from its home page, questions have been raised about how the biggest online social platform is making a profit.
Internet experts almost certainly say that deleting the phrase does not mean that Facebook is planning to charge users, because it already has other resources that earn him billions of dollars a year.
The famous phrase was 'It\u0027s free and will always be,' but it suddenly disappeared from the home page that tells the user when he intends to create an account or access his page.
The world\u0027s largest social networking site has included a new, short phrase: 'It\u0027s fast and easy.' This change took place earlier this month.
The figures show that Facebook, which reached 2.4 billion users in the first quarter of 2019, earns most of its revenue from ads that appear on the pages of the site.
Ads account for more than 90 percent of Facebook\u0027s revenue, while the remainder includes revenue from games on the site, as well as the sale of site-owned Oculus Rift glasses.
Facebook confirms that it does not sell users\u0027 data, but its founder Mark Zuckerberg said during a congressional hearing that the 'Blue Genie' only helps companies to better reach users or potential customers.
But in December 2018, press reports revealed that Facebook allowed more than 150 companies, including Microsoft and Netflix, to access users\u0027 messages.
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Since Facebook knows the user\u0027s gender, age and location, it appoints companies that want to focus on a particular group of people who may become customers.
By linking these events together, experts suggest that Facebook is making a lot of money by selling its users\u0027 information to other companies.
In 2017, Facebook\u0027s revenue reached $ 40 billion, while net profit was $ 15 billion.In the current year, revenues are expected to reach $ 66 billion.
In 2017, revenue from popular games such as Farmville reached $ 711 million, but the figure has fallen in the last two years.
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