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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. "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)
  2. "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)
  3. "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)
  4. "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)
  5. "Back in August, Facebook announced it would begin banning posts related to the QAnon conspiracy movement that supported acts of violence. Since then, the company has removed over 1,500 Pages and Groups for QAnoncontaining discussions of potential violence and over 6,500 Pages and Groups tied to more than 300 Militarized Social Movements". (October 6, 2020)
  6. "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)
  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 hasopen-sourced the first AI model that can translate between any pair of 100 languages without first translating them to English". (October 20, 2020)
  9. "At its core, Twitter hasnt changed all that much in the past few years. For the most part, people use it the same as they always have a mostly public-facing microblogging platform". (February 26, 2021)
  10. "Exxon, Comcast, and other companies target people of different political leanings with different ads on Facebook. Here's how that works". (April 14, 2021)
  11. "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)
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