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Facebook Q1 earnings: Investors excited about ‘signs of stability’ in ad revenues

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Flat is the new growth. Just like Google’s earnings yesterday, Facebook reported a pretty decent quarter marred by “a steep decrease in advertising revenue in March.” However April has reportedly brought nascent “signs of stability,” which is enough to drive the company’s stock up 10% in after-hours trading. Beating… Read More »Facebook Q1 earnings: Investors excited about ‘signs of stability’ in ad revenues

Have we hit bottom yet? What new earnings reports say about COVID’s impact on digital advertising

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The hit in mid-March was sudden and dramatic, but there appear to be signs, including from media buyers, that the worst is over. “We experienced a significant reduction in the demand for advertising, as well as a related decline in the pricing of our ads,… Read More »Have we hit bottom yet? What new earnings reports say about COVID’s impact on digital advertising

Trump Had A ‘Productive’ Call With Facebook CEO Day After He Signed Executive Order Targeting Social Media: Report

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President Donald Trump held discussions with Facebook Inc. (NASDAQ: FB) Chief Executive Officer Mark Zuckerberg over the phone the day after he had signed an executive order targeting social media legal immunity, Axios reported Sunday. What Happened Both sides described the conversation as “productive,” according to Axios, but more details on… Read More »Trump Had A ‘Productive’ Call With Facebook CEO Day After He Signed Executive Order Targeting Social Media: Report

Mark Zuckerberg told enraged employees Facebook might change its policy on politicians using violent speech

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Facebook has been rocked by internal turmoil after its leadership made the decision to not touch a post by President Trump concerning the George Floyd protests. In the post on Friday, Trump said the National Guard would be deployed in Minneapolis and “when the looting starts, the… Read More »Mark Zuckerberg told enraged employees Facebook might change its policy on politicians using violent speech