Wednesday, July 25, 2018
Facebook stock tanks from mixed Q2 with slowest-ever growth – TechCrunch
Facebook has hit a wall. The social network succumbed to the public backlash over its handling of fake news, privacy, and digital wellbeing to miss some of Wall Street’s estimates, showing mixed results in its Q2 2018 earnings. GDPR, Mark Zuckerberg’s testimony before congress, and more scandals appear to have contributed to Facebook’s weak user growth. Facebook reached 2.23 billion monthly
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