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Tag: facebook
Facebook doubles profit on strong growth in user numbers during Q2, sees pressure for ad revenue
2020-07-31 11:37:00| Telecompaper Headlines
(Telecompaper) Facebook doubled its net profit in the second quarter amid continued high engagement on its network amid the covid-19 pandemic, even as revenue growth slowed to 11 percent. The company noted however that it was seeing signs of normalisation in user growth and engagement as lockdown measures ease in some parts of the world, particularly in developed markets where the company's penetration is higher. The company expects the daily and monthly user growth to sequentially flatten or even decline in the third quarter as shelter-in-place measures restrictions continue to lessen.
Tags: user
strong
numbers
growth
Amazon, Facebook and Apple thriving in lockdown
2020-07-30 23:55:29| BBC News | Business | UK Edition
Apple and Amazon saw sales surge during lockdown, while the number of Facebook users jumped.
Tags: amazon
apple
facebook
thriving
Apple, Amazon, Facebook, Google defend firms against calls for break-up
2020-07-29 19:50:48| BBC News | Business | UK Edition
US lawmakers are considering tougher regulation of the firms, which critics say are too powerful.
Tags: google
amazon
calls
apple
Tech giants Facebook, Google, Apple and Amazon to face Congress
2020-07-29 02:01:43| BBC News | Business | UK Edition
The bosses of Facebook, Google, Apple and Amazon are set to be grilled by Congress.
Facebook takes the EU to court over privacy spat
2020-07-27 21:47:37| BBC News | Business | UK Edition
The social media giant says EU investigators have unnecessarily demanded sensitive information.
Tags: privacy
takes
court
facebook
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