Facebook Inc beat analysts' estimates for quarterly revenue on Thursday, as businesses used its digital advertising tools to tap a surge in online traffic during the coronavirus pandemic even as they slashed marketing budgets elsewhere.
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"Facebook Inc will reveal on Thursday whether lower ad prices lured enough marketers in the second quarter to overcome the downdraft from widespread pandemic-induced closures among the small businesses that drive most of its revenue" . (July 30, 2020 )"Facebook Inc said on Wednesday it would start replacing the direct messaging service within Instagram with a version of its Messenger app, the first major step in its plan to tie together messaging across its suite of apps" . (September 30, 2020 )"Organizers 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 )"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 )"Facebook Inc said on Thursday it would stop accepting new political ads in the week before the U.S. Election Day on Nov. 3, bowing to concern that its platform could once again be exploited to interfere with the election" . (September 3, 2020 )"Facebook Inc Chief Executive Mark Zuckerberg stumbled at a congressional hearing on alleged abuse of market power on Wednesday, as lawmakers confronted the social media titan with damaging internal emails about the company's acquisitions" . (July 30, 2020 )"Facebook Inc may face questions about fallout from U.S. election controversies when it posts earnings on Wednesday, but top of mind for investors is a less political matter: the company's heavy bet on e-commerce to drive ad sales" . (January 27, 2021 )"Facebook Inc's chief of advertising integrity, who handled the company's ad products around sensitive subjects such as politics and coronavirus misinformation, departed this week, according to an internal company post viewed by Reuters on Friday" . (January 1, 2021 )"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 )"Facebook Inc's final policy changes in the lead-up to U.S. elections in November are unlikely to stem a flood of disinformation around the vote, which could suppress turnout and sow confusion about results, election experts said on Friday" . (September 4, 2020 )"Facebook Inc and Twitter Inc have suspended processing government requests for user data in Hong Kong, they said on Monday, following China's establishment of a new national security law for the semi-autonomous city" . (July 6, 2020 )
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