"We had a good second quarter and first half of the year," said Facebook co-founder and chief executive Mark Zuckerberg. "Our community is now two billion people and we're focusing on bringing the world closer together. "Given that Facebook growth remains healthy and robust, we believe any lingering concerns over user engagement and social competitors should dissipate," Baird Equity Research analyst Colin Sebastian said in a note to investors. "Even their wild stuff connects pretty solidly back to what they do," Enderle said of Facebook. "They are staying very focused on keeping their customers happy and increasing the ways people spend time on their site."

Source: Economic Times July 27, 2017 03:45 UTC