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

No comments:

Post a Comment

Featured Post

Hackers Exploiting ProxyLogon and ProxyShell Flaws in Spam Campaigns

Threat actors are exploiting ProxyLogon and ProxyShell exploits in unpatched Microsoft Exchange Servers as part of an ongoing spam campaign

Popular Posts