Facebook and Google have soaring bad debt expenses in their quarterly earnings.
But hidden among both companies' 10-Q filings is a line item that offers a stark insight into how small businesses are being brutalized by the ongoing crisis — and bodes ill for the tech firms' results if the economic situation continues to worsen. What these figures mean in practice is that the economy is in increasingly awful shape. If companies aren't paying their advertising bills, it's a strong sign they're struggling to stay afloat — or going bust outright.
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:
I don’t know that it would be a bad thing if these two went bankrupt. The world deserves better than these two partisan companies.
These big tech monopolies are as good as their customers. The index funds ETFs created these monsters killing competition. Wisdom prevails!!!
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Valerie Jarrett on US coronavirus response and 2020 presidential election - Business InsiderObama's former advisor Valerie Jarrett talks about Trump's 'flat-footed' response to the pandemic and why we need to let more people vote early and by mail Carry that water BI, carry that water.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Google Maps used against the coronavirus truckers, food banks - Business InsiderNonprofits, truck drivers, food banks, and others are turning to a little-known Google Maps feature to navigate life amid the coronavirus pandemic
Source: BusinessInsider - 🏆 729. / 51 Read more »
How coronavirus is changing influencer marketing, creator industry - Business InsiderBusiness Insider spoke to influencer-marketing professionals across the industry to learn how they're adjusting during the coronavirus pandemic. This year I only want to be around the people that love me, not the people that pretend they do. Those who are infected with coronavirus, please inbox me. I need to know something about you.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Apple fiscal Q2 2020 earnings: iPhone sales, wearables, services - Business InsiderFalling iPhone sales bring Apple's Q2 revenue billions below its initial expectations – but its bets on wearables and services are paying off
Source: BusinessInsider - 🏆 729. / 51 Read more »