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Despite online ads slump from coronavirus, Facebook sales poised to hold steady

Facebook Inc advert sales seem to have ticked up since overdue March, providing buyers explanation why for optimism at the same time as decimated promoting budgets from the coronavirus are anticipated to weigh closely on first-quarter income, in accordance to information from companies that monitor online ads.
Facebook Inc ad sales appear to have ticked up since late March, offering investors reason for optimism even as decimated advertising budgets from the coronavirus are expected to weigh heavily on first-quarter earnings, according to data from firms that track online ads.

Original article
Original article
Author: Katie Paul

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Katie Paul has recently written 10 articles on similar topics including :
  1. "Washington state's attorney general filed a second lawsuit against Facebook Inc over political ads on Tuesday, saying the social media giant once again failed to make disclosures required under the state's campaign finance laws". (April 14, 2020)
  2. "With Facebook's adoption of permanent remote work on Thursday, Chief Executive Mark Zuckerberg has untethered one of Silicon Valley's biggest companies from the place that incubated it". (May 22, 2020)
  3. "Facebook Inc said on Tuesday it would affix labels to political ads shared by users on their own feeds, closing what critics have said for years was a glaring loophole in the company's election transparency measures". (June 17, 2020)
  4. "Facebook Inc will permanently embrace remote work even after coronavirus lockdowns ease, Chief Executive Mark Zuckerberg told employees on Thursday, accelerating the tech sector's geographic diversification away from its home in Silicon Valley". (May 21, 2020)
  5. "Organisers of a growing Facebook Inc advertising boycott said they saw "no commitment to action" after meeting with Facebook Chief Executive Mark Zuckerberg on Tuesday". (July 7, 2020)
  6. "Facebook Inc , Google Inc and Twitter Inc suspended processing government requests for user data in Hong Kong, they said on Monday, following China's establishment of a sweeping new national security law for the semi-autonomous city". (July 7, 2020)
  7. "Facebook Inc beat analysts' estimates for quarterly revenue on Wednesday and said it has seen "signs of stability" for sales in April after a plunge in March, in yet another signal that tech giants may weather the coronavirus-induced economic collapse better than other sectors". (April 30, 2020)
  8. "Facebook Inc said on Thursday it would stop accepting new political ads in the week before the U.S. presidential election in November, bowing to concern that its loose approach to free speech could once again be exploited to interfere with the vote". (September 3, 2020)
  9. "Facebook Inc on Thursday told Reuters that Apple Inc rejected its attempt to tell users the iPhone maker would take a 30% cut of sales in a new online events feature, forcing Facebook to remove the message to get the tool to users". (August 28, 2020)
  10. "Organizers of a Facebook Inc advertising boycott said on Thursday the campaign would "not go away" until their concerns were addressed and they would ask advertisers in Europe to join their cause". (July 30, 2020)
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