Its efforts to combat coronavirus may help revived the company's damaged reputation.Unable to attract physical customers, businesses are going online — another trend that may help Facebook.
And in the first few weeks of April — when some of the pandemic and lockdown's impacts have been most acute — Facebook said that its revenue is at roughly the same level as it was during the year-ago period. To be sure, flat revenue is a significant slowdown from Facebook's typical double-digit revenue growth, but it's a sign that the fundamentals of the business remain healthy.
It's a trend that will benefit Facebook, which can promise scared and hurting advertisers incredibly precise tools to target narrow segments of the population and track the success of their ads.
But over the longer-term, it also points to a shift that will also work in the social network's favor.
What. Their spy-gate advertising juggernaut?
dominance, yes. reputation, i don't think so
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:
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Germany agrees on Lufthansa rescue package worth 9 billion euros: Business InsiderGermany has agreed to help airline Lufthansa with a rescue package worth about 9 billion euros ($9.74 billion) in return for a blocking minority and one or two supervisory board mandates, Business Insider cited company sources as saying. nationalize the airlines already Does that include Eurowings? Isn’t that against EU rules?
Source: Reuters - 🏆 2. / 97 Read more »
Here are your options if you don't get federal small business relief - Business InsiderIf you haven't already applied for federal small business relief, you're probably out of luck on this round — but you still have a few other options.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Los Angeles Lakers' small business PPP loan 'outrageous,' Mnuchin says - Business InsiderTreasury Secretary Mnuchin said on CNBC Tuesday that he's a big fan of the team, but not of it receiving a loan meant for small businesses. I don't think it's right that we make companies spend their reserves for a government decision to shut down the economy. This wasn't due to bad business practices. They should be entitled the same programs every other business is afforded. If notenough money that's on Congress. Man the players get more than that what they need that for? Absurd. Good job Lakers 👏🏽👏🏽👏🏽👏🏽
Source: BusinessInsider - 🏆 729. / 51 Read more »
Big banks have been temporarily locked out of the small business lending program - Business InsiderThe move comes after concerns that small lenders serving businesses owned by people of color would have to compete with big banks.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Small essential businesses are grateful to remain open during coronavirus, but running a small business during a pandemic proves challengingCoronavirus has forced millions of businesses to close as officials implement shelter-in-place policies to help slow the spread of the disease. However, for those businesses that are deemed essential, staying open during a pandemic comes with a host of additional challenges, especially for small businesses. Below is a handy chart from Morgan Stanley analysts listing 40 public companies that have received loans ranging from $3 million to $15 million. All businesses are essential! What is Hydroxychloroquine ? How does it work a against coronavirus?
Source: CNBC - 🏆 12. / 72 Read more »