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The coronavirus pandemic isnt making Facebook any money

Coronavirus (COVID-19) lockdowns will have all other people on social media more than ever, then again trade isn't exactly booming for Fb.
Coronavirus (COVID-19) lockdowns might have all of us on social media more than ever, but business isn't exactly booming for Facebook.

Original article
Original article
Author: Thenextweb

TNW is one of the world’s largest online publications that delivers an international perspective on the latest news about Internet technology, business and culture.

Thenextweb has recently written 11 articles on similar topics including :
  1. "Facebook is rolling out a new tab in its main app called Facebook Shop. The company had introduced a similar tab on Instagram in July after it announced Facebook Shops its feature to turn pages into stores in May". (August 25, 2020)
  2. "When TikTok was banned in India last June, Instagram jumped on the short video bandwagon very quickly and launched Reels. The company rolled out the feature globally in August 2020. Now, its parent company Facebook is integrating Reels in the blue app". (March 9, 2021)
  3. "Yann LeCun, Facebooks world-renowned AI guru, had some problems with an article written about his company yesterday. So he did what any of us would do, he went on social media to air his grievances. Only, he didnt take the fight to Facebook as youd expect". (March 12, 2021)
  4. "During Facebooks quarterly earnings call today, Mark Zuckerberg highlighted some major changes coming to Facebook. After years of being the primary news source for many people, Facebook has decided it wants to show less political content". (January 28, 2021)
  5. "The leak of 533 million Facebook user records highlights how many of the systems we use arent designed to adequately protect our data from cyber criminals". (April 6, 2021)
  6. "Facebook today announced a new feature called Drives. No, thats not a drive in the sense of yet another cloud storage service, but instead in the sense of clothing drive or food drive". (November 24, 2020)
  7. "Facebook launched its bug bounty program in 2011. Now, the company is bringing an intriguing update to it with a loyalty program calledHacker Plus, which will reward security researchers to keep finding bugs in the social networks platform". (October 9, 2020)
  8. "Facebook has been trying to get a foothold in the news space for many years. Last year, the company launched a dedicated section on its sitecalled Facebook News for users in the US. It also wants to expand this program to other countries such as Brazil, Germany, and India". (December 16, 2020)
  9. "Exxon, Comcast, and other companies target people of different political leanings with different ads on Facebook. Here's how that works". (April 14, 2021)
  10. "If youre on Twitter, its very hard to escape discussions about Clubhouse the audio-based social network that lets you chat with other people in real-time. Its whipping up such a storm that Facebook has decided to make its own version". (February 11, 2021)
  11. "Technology giants are shook because the Apple privacy strategy is rolling on. Bet they rue the day iOS 14 was ever announced". (January 28, 2021)
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