Facebook smashes revenue estimates amid pandemic, forecasts ad growth

Facebook 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...