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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

 

Huawei holds summit as global pressure grows

2020-07-27 06:22:59| BBC News | Business | UK Edition

The event comes after China's state media said HSBC played a role in the arrest of Huawei's finance chief.

Tags: global pressure holds summit

 
 

Western brands face pressure over China Uighur ties

2020-07-23 06:14:12| BBC News | Business | UK Edition

Activists have accused Western companies of "bolstering and benefiting" from abuses of China's Muslim minority.

Tags: china face western brands

 

TikTok's UK headquarters in doubt amid US pressure

2020-07-19 16:43:48| BBC News | Business | UK Edition

Uncertainty over the Chinese video sharing app comes as tension mounts between the UK and China.

Tags: us pressure doubt headquarters

 

Use static pressure to monitor tunnel ventilation

2020-07-17 21:00:00| National Hog Farmer

Learn how to read static pressure for keys to troubleshooting and correcting tunnel ventilation systems.

Tags: monitor pressure static tunnel

 

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