Advertising revenue surged last year at social media firm where average staff pay rose to £262,000

Facebook’s UK operations paid £29m in corporation tax last year despite reporting a record £3.3bn in sales, while its average staff pay rose to £262,000.

The social media company’s latest accounts for its London-based arm show that gross income from advertisers surged by more than 37% last year from £2.4bn to £3.3bn.

Continue reading…

You May Also Like

China locks down Shanghai Disneyland and tests 34,000 visitors after single Covid case

The popular theme park became the site of a suspected Delta outbreak,…

US provides assurances to prevent Assange appeal against extradition

Death penalty not to be imposed, but Wikileaks founder’s wife says Assange…

Cheap Home Audio Gear and Tips: How to Get Great Sound

Try putting a chair or other dense furniture in the corners because…

Defcon Is Canceled

For years, a simple and elegant inside joke has permeated Defcon, the…