IT Blog

Facebook continues to attract users even as lawmakers and regulators raise pressure on the world’s largest social network to crack down on misinformation, but it warned that it expects revenue growth to slow down in the third and fourth quarters.

The social network said Wednesday that 2.9 billion people visit Facebook every month, a rise of 7% from the second quarter last year. The steady stream of users pushed the company’s revenue and earnings for the April-June quarter above Wall Street’s expectations.