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Facebook reported strong first quarter earnings on Wednesday amidst industry-wide concerns around how Apple’s latest privacy changes will affect the digital advertising business, a space that Facebook dominates.
“We had a strong quarter as we helped people stay connected and businesses grow,” said Facebook founder and CEO Mark Zuckerberg. “We will continue to invest aggressively to deliver new and meaningful experiences for years to come, including in newer areas like augmented and virtual reality, commerce and the creator economy.”