Facebook's business is running 'almost flawlessly': analysts - Business Insider

Facebook Chief Executive Officer Mark Zuckerberg testifies before the House Financial Services Committee on Capitol Hill in Washington, Wednesday, Oct. 23, 2019, to discuss his plans for the new cryptocurrency Libra.FacebookOver the past two years, the social networking firm has been wracked by scandals — but this hasn't meaningfully damaged its fundamental business.

On Wednesday, Facebook will report its third-quarter earnings, and industry watchers are largely expecting another solid quarter.Despite non-stop scandals — from Cambridge Analytica to its role in spreading hate speech in Myanmar that helped fuel genocide — the Silicon Valley social networking giant has continued to be a ruthlessly efficient money-printing machine, generating billions in profits and consistently growing its user base.

The positivity from industry watchers ahead of the $540 billion company's earnings highlight the array of business opportunities still open to the company, 15 years after Facebook was formally founded — and how negative headlines and regulatory scrutiny surrounding Facebook are shrouding consistently strong fundamentals.

Today, the most prominent spectre looming over Facebook is likely the possibility of antitrust action. This could strike at the heart of the company's business in a way that previous scandals and regulatory issues have failed to do.

What kind of fools are we?

Yeah but how many users did they lose besides me?

$elling it's customers data is a good business, especially since the customers GIVE it away for a few likes. F'n hilarious !!! 😂😂😂😂

It's a private company, people always tend to forget that.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Adriel Hampton runs for CA governor to run false Facebook ads - Business InsiderFacebook exempts political ads from fact-checking — and a left-wing activist from San Francisco plans to take advantage of this. What a great troll !
Source: BusinessInsider - 🏆 729. / 51 Read more »

WOMEN-OWNED-BUSINESS MONTH: Women entrepreneurs share their top tips and strategies for running their companies, and how to be a successful leaderBusiness Insider profiled female entrepreneurs, interviewed experts, and reviewed research highlighting major opportunities and challenges. How is this not discriminatory? Are they actively keeping out men? Since all are woman, it would seem so. These are just a bunch of hypocrites and should be reported to the law. Good info. If you need more data I did this video: Good info. If you need more data I did this video:
Source: BusinessInsider - 🏆 729. / 51 Read more »

Facebook is officially testing its news aggregation section Facebook News - Business InsiderFacebook began testing a news aggregation section, Facebook News, which will provide a curated selection of articles from about 200 publishers.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Netflix is testing a variable playback speed feature on mobile - Business InsiderNetflix told Business Insider that it's 'always experimenting with new ways to help members use Netflix' and that it may not become permanent. Great strictly could be over in 5 seconds way to go I watch almost everything on YouTube at 2x. I could see the usefulness of watching some things on Netflix at 2x but, honestly, that would really mess up most movies and shows. MichaelDelales I love this idea. I use it on YouTube all the time. There are tons of videos on Netflix that need to be cut down. This will literally give me back more of my time. DVDs had this feature so shy not Netflix?
Source: BusinessInsider - 🏆 729. / 51 Read more »