Thursday, October 29, 2020
Facebook beats revenue estimates by $1.6bn, eyes tougher 2021 | US & Canada News
Facebook’s number of monthly active users rose to 2.74 billion, but the company warned of a tougher 2021. Facebook Inc on Thursday warned of a tougher 2021 despite beating analysts’ estimates for quarterly revenue as businesses adjusting to the global coronavirus pandemic continued to rely on the company’s digital ad tools. The social media company said in its outlook that it faced “a
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