Facebook Inc. reported another surge in revenue in the first quarter, as more advertisers flocked to the platform despite questions about its video-ad performance and handling of violent, graphic content. Revenue rose 49% to $8.03 billion, up from last year’s $5.38 billion and easily topping analysts’ estimate of $7.83 billion, according to data compiled by FactSet. The social-media company reported first-quarter net income of...

Source: Wall Street Journal May 03, 2017 20:15 UTC