FILE PHOTO: A 3D-printed Facebook logo is seen placed on a keyboard in this illustration taken March 25, 2020. REUTERS/Dado Ruvic/File Photo
Wall Street analysts on average expect Facebook’s quarterly revenue to rise 3% to $17.4 billion, which would be its slowest growth ever, per Refinitiv data. Data from another agency, Gupta Media, indicated the volume of ads displayed on Facebook, which rose in the early stages of pandemic-related lockdowns, may have then retreated to pre-pandemic levels later in the quarter, while prices were depressed throughout the period.
“If they beat revenue expectations, it will be an incredible testament to the flexibility and durability of their ad ecosystem. But it will be a Herculean task,” said Gogi Gupta, whose agency tracks more than 8 billion ad impressions across Facebook’s platforms, including Instagram and Messenger.
be nice if they went down the gurgler. Sic transit gloria mundi and all that.
Looks like they'll have to just get third and fourth jobs to make ends meet like the rest of the working world. Oh, wait, no they won't they're protected by some of the world's best legislation that takes care of billionaires. Never mind.
In ten years we will look back and say: Remember when Facebook ruined the internet?
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Jeff Bezos will testify about how Amazon is the quintessential American companyThe Amazon CEO will tell lawmakers Amazon is great for small businesses, customers and its investors. How makes all the money and doesn’t give a shit about his workers? No, It's a monopoly and needs to be broken up. Oh really, made in China Besos...
Source: CNBC - 🏆 12. / 72 Read more »
Shop Serena Williams' 'Unstoppable' Jewelry, Support Black Business100 percent of proceeds will be donated to support small business owners.
Source: ELLE Magazine (US) - 🏆 472. / 51 Read more »
U.S. lawmakers, Bank of America press small business agency to fix PPP lending dataBank of America Inc , the second-largest U.S. lender, has asked the Trump administration to correct data meant to offer public accountability on the recipients of $520 billion in pandemic aid designed to preserve jobs, and a group of U.S. Democratic lawmakers has written to demand action before more funds are distributed. The 30 lawmakers outlined a series of 'grave concerns' about errors in the data for the Paycheck Protection Program (PPP) in a letter on Monday to the Small Business Administration, asking that the agency 'rectify these issues promptly,' according to a copy of the letter viewed by Reuters. Locking for Creative Eye-Catching Business card design at a very affordable price? Check Out: 此 The SBA is crooked and inept.
Source: Reuters - 🏆 2. / 97 Read more »
Small Business Focus: Care Bears boost Florida toy importer, but he needs $10 million right awayFlorida's Basic Fun has seen a sharp pickup in business since coronavirus shutdowns started lifting in May, but the toy importer needs more cash to buy goods for the Christmas shopping season. good for you. lol I have trouble with a story where someone needs '10 million right away' when millions of small businesses are a few thousand away from failing 10 million could save hundreds of local small businesses from closing up SmallBusiness failure America Canada COVID19
Source: Reuters - 🏆 2. / 97 Read more »