how facebook makes money

How facebook makes money

Facebook CEO Mark Zuckerberg testified before Congress for over five hours on Wednesday he answered questions from senators on a broad range of subjects including how Facebook makes money from user data Zuckerberg said there's a very common misperception about Facebook that we sell data that advertisers he went on to explain we do not sell data to advertisers we don't sell data to anyone what we allow is for advertisers to tell us who they want to reach and then we do the placement all that being said Facebook still directly relies on user data to make money but just not in the way that some imagined

how does facebook makes money