Facebook stock rises on earnings beat

Facebook stock was up nearly 4% in after-hours trading on Wednesday after the tech giant reported that it beat Wall Street expectations on earnings per share and revenue.

Between the lines: Facebook has faced criticism over the past few weeks after saying it would not fact-check ads from political candidates or politicians.

Facebook rival Twitter announced at the same time Facebook released its earnings report that it would no longer accept any political or advocacy ads globally.

Original article
Author: Axios

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