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Facebook shares fall sharply after slower growth in Q2, weak outlook

2018-07-26 07:32:00| Telecompaper Headlines

(Telecompaper) Facebook reported a slowdown in growth in the second quarter and said it expects the trend to continue in the rest of 2018. Revenues rose 42 percent year-on-year to USD 13.23 billion, compared to annual growth of 49 and 47 percent in the previous two quarters. The operating margin fell to 44 percent from 47 percent a year ago, while net profit was still up 31 percent to USD 5.11 billion or USD 1.07 per share. 

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Jobseekers 'more likely to deactivate Facebook'

2018-07-25 15:35:01| BBC News | Business | UK Edition

Researchers looked at eight factors predicting whether people had left or thought about leaving Facebook.

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Facebook Doubles Down with Downtown Chicago Office Expansion

2018-07-25 15:20:00| National Real Estate Investor

The social media giant confirmed it is taking 263,000 sq. ft. of space at 151 N. Franklin st., a new 35-story tower.

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Facebook plans office in China

2018-07-25 00:14:35| BBC News | Business | UK Edition

The firm has registered an office in China, but details are no longer visible on the government website.

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Facebook will not remove fake news - but will 'demote' it

2018-07-13 14:34:58| BBC News | Business | UK Edition

It says fake news is not against its "community standards".

Tags: it will news remove

 

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