Global  

Facebook smashes revenue estimates amid pandemic, forecasts ad growth

WorldNews Thursday, 30 July 2020
Facebook smashes revenue estimates amid pandemic, forecasts ad growthFacebook 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. Revenue growth was its slowest ever as a public company, reported at 11%, although it beat analysts' expectations that it would sink to 3%, according to IBES data from Refinitiv. SEE MORE Strata: High-tech aircraft parts maker in the UAE where 58% of workers are Emiratis — and 90% are women All-new 2021 Nissan X-Trail revealed! 5 technology that will explode in your life this decade Twitter, Google, Amazon and other tech...
0
shares
ShareTweetSavePostSend
 
Video Credit: Wochit Business - Published
News video: Facebook Ad Revenue Will Grow In 2020

Facebook Ad Revenue Will Grow In 2020 00:32

Business Insider reports that Facebook's ad revenue will continue to increase this year. The increase will come despite the growing number of brands pulling ad campaigns amid the coronavirus pandemic. Net US digital ad revenues at Facebook will increase by 4.9% this year to $31.43 billion. Facebook...

💡 One News Page Knowledge: Other News Mentions

Facebook Facebook American online social networking service

Sturgeon announces postcode checker for Covid restrictions [Video]

Sturgeon announces postcode checker for Covid restrictions

First Minister Nicola Sturgeon has announced a new postcode checker to help people in Scotland better understand the Covid restrictions in their region. She also outlined the new five-tier alert system, explaining levels one and three resemble various restrictions that have been in place in the country since summer and level four would only be implemented if absolutely necessary. Report by Alibhaiz. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 01:58Published
Sarah Cooper on her new Netflix show Everything's Fine [Video]

Sarah Cooper on her new Netflix show Everything's Fine

Sarah Cooper’s new show proves she’s more than just a Trump lip-sync artist. The show sees her play a news anchor hosting a surreal TV show called Everything’s Fine. Sarah Cooper: Everything’s Fine is on Netflix from October 27. #SarahCooper #Netflix #EverythingsFine Report by Shoulderg. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 01:09Published

Facebook India’s controversial policy chief has resigned

Photo by Priyanka Parashar / Mint via Getty Images

India’s ET Now is reporting that Ankhi Das, the Facebook policy chief for India, has resigned her..

The Verge
Michel Barnier arrives at post-Brexit talks in London [Video]

Michel Barnier arrives at post-Brexit talks in London

The EU's Chief Negotiator Michel Barnier is to continue post-Brexit trade talks with Lord David Frost in London. The UK left the EU on January 31st but has continued to follow EU rules throughout the transition period while a trade agreement is agreed. Report by Alibhaiz. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 00:34Published
Lawrence: BAME voice important to understand Covid impact [Video]

Lawrence: BAME voice important to understand Covid impact

Baroness Doreen Lawrence says it was "interesting and important" to hear from black, Asian and ethnic minorities about the impact the Covid pandemic has had on them. A Labour report has found the virus "thrived" among these communities because of structural race discrimination. Report by Alibhaiz. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 00:34Published

Refinitiv Refinitiv Financial technology company

LSE expects Refinitiv deal to close in first-quarter 2021

The London Stock Exchange expects to close its $27 billion purchase of data analytics company Refinitiv in the first-quarter...
WorldNews

Emiratis Emiratis Ethnic group

Emirati henna artist launches natural henna brand & rolls out 'risqué' designs [Video]

Emirati henna artist launches natural henna brand & rolls out 'risqué' designs

Whilst the art form of henna may be thousands of years old, just like any fashionable trend it has taken many a stylish twist and turn down the years.View on euronews

Credit: euronews (in English)    Duration: 12:00Published
On board the historic Tel Aviv-Abu Dhabi flight [Video]

On board the historic Tel Aviv-Abu Dhabi flight

An El Al Boeing 737 carrying senior U.S. and Israeli aides made aviation history by cutting straight over Saudi territory en route to Abu Dhabi on Monday for normalisation talks. Emer McCarthy reports.

Credit: Reuters - Politics    Duration: 02:00Published

Google Google American technology company

UPlay Plus subscription service rebrands as Ubisoft Plus, expands to Stadia and Luna

Ubisoft is overhauling its UPlay Plus subscription service with a new name — Ubisoft Plus — and launching integrations with both Google Stadia and Amazon’s..
The Verge

Google is partnering with the Associated Press for election results

Illustration by Alex Castro / The Verge

Google is partnering with the Associated Press to provide authoritative results for next week’s election..

The Verge

Google to make its product packaging plastic free by 2025

San Francisco, Oct 27 : Google has pledged to make its product packaging 100 per cent plastic free and completely recyclable by 2025. Currently, the back housing..
WorldNews
Facebook enters cloud gaming with different services than competitors [Video]

Facebook enters cloud gaming with different services than competitors

Facebook has entered the field of cloud-based gaming service and on October 26 introduced cloud games to its existing Facebook Gaming application. The tech giant's cloud gaming services differs from those offered by competitors Amazon or Google, which both offer standalone cloud gaming services for a fee, The Verge reported. "We are doing free-to-play games, we're doing games that are latency-tolerant, at least to start," said Jason Rubin, Facebook's vice president of play. "We're not promising 4K, 60fps, so you pay us $6.99 per month. We're not trying to get you to buy a piece of hardware, like a controller." According to Rubin, the reason Facebook is exploring the cloud is because it opens up the types of games it can offer. The company started out in games more than a decade ago with Flash-based hits like FarmVille before moving to HTML5 for its Instant Games platform, but both of those technologies are relatively limited to smaller, simpler experiences. Facebook's approach to cloud gaming is quite different philosophically from competitors like Google Stadia or Amazon's Luna. The company isn't hyping up its technology or trying to secure big exclusive games. Instead, it feels like more of an extension of what Facebook already offers: quick, easy-to-pick-up titles that can fill up some idle moments in your day, The Verge reported. Similarly, while the focus right now is on free-to-play games, he said, "There may come a day when it makes sense for us to offer a premium game." But the company wanted to start out by making it as easy as possible to play these games. Free is usually pretty easy.

Credit: ANI    Duration: 01:13Published

Amazon (company) Amazon (company) American technology and e-commerce company

Amazon’s Fire tablets are getting new smart home controls

Image: Amazon

Amazon is adding a new menu to select Fire tablets to control Alexa-compatible smart home gadgets, the company has announced. The Device..

The Verge

Apple’s AirPods Pro are $200 at Amazon and B&H Photo today

Photo by Chris Welch / The Verge

You can grab the AirPods Pro for just $200 at Amazon and B&H Photo today. Normally, these wireless earbuds cost $249...

The Verge
Amazon Will Hire 100,000 Seasonal Workers [Video]

Amazon Will Hire 100,000 Seasonal Workers

On Tuesday, Amazon announced Tuesday that it's hiring 100,000 seasonal workers ahead of the holidays. The company said it's looking for workers across experience and skill levels to help pack and ship holiday orders. Business Insider reports that the new roles bring Amazon's total hiring to more than 400,000 since March. The company has faced a rise in online orders amid the coronavirus pandemic.

Credit: Wochit News    Duration: 00:31Published

United Arab Emirates United Arab Emirates Country in Middle East

From UAE, in NIA net


IndiaTimes
Sudan joins UAE and Bahrain in recognising Israel, Donald Trump announces [Video]

Sudan joins UAE and Bahrain in recognising Israel, Donald Trump announces

Part of the brokered deal includes a payment of €282.5 million from Sudan as compensation to US victims of terrorism.View on euronews

Credit: euronews (in English)    Duration: 01:36Published

Sudan agrees to recognise Jewish state

WASHINGTON: Sudan on Friday agreed to be the latest Arab nation to recognise Israel in a diplomatic coup announced by President Donald Trump days before US..
WorldNews

AP Top Stories October 23 P

Here's the latest for Friday October 23rd: Trump, Biden frame closing appeals for sprint to election; Sudan to join UAE, Bahrain in recognizing Israel; Harris..
USATODAY.com
Al Ain Oasis: A monument to the UAE’s building & construction past [Video]

Al Ain Oasis: A monument to the UAE’s building & construction past

The archaeological city of Al Ain is located along the north-eastern border of the Rub’ Al Khali desert in the UAE. View on euronews

Credit: euronews (in English)    Duration: 03:02Published

You Might Like


Related videos from verified sources

Amazon's 2020 Ad Revenue Set To Grow [Video]

Amazon's 2020 Ad Revenue Set To Grow

Amazon will continue to see ad spending growth in 2020. Business Insider reports that Amazon's growth is at a depressed rate when compared with eMarketer's earlier estimate. Amazon will increase its..

Credit: Wochit News     Duration: 00:40Published
To Compete With Walled Gardens, TV Must Become A Platform: 605’s Levine [Video]

To Compete With Walled Gardens, TV Must Become A Platform: 605’s Levine

What is it going to take for TV networks to front up and match big players like Google, Facebook and Amazon when it comes to offering advanced advertising opportunities? Answer: learning to function..

Credit: BeetTV - Affiliate     Duration: 04:45Published
Amazon Sales Predicted To Rise [Video]

Amazon Sales Predicted To Rise

Amazon's global ecommerce sales will reach $416.48 billion in 2020, according to Business Insiders latest latest estimates. Consumers are relying more heavily on e-commerce due to COVID-19. The new..

Credit: Wochit News     Duration: 00:34Published

Tweets about this