Skip to main content

Facebook's grim forecast: Privacy push will erode profits for years

Facebook Inc's shares lost as much as a quarter of their value on Wednesday after executives said that profit margins would plummet for several years due to the costs of improving privacy safeguards and slowing usage in the biggest advertising markets.

from Gadgets Now https://ift.tt/2LOW6Xk

Comments

Popular posts from this blog

IT Ministry joins hands with Google on 'Build for Digital India'

The Ministry of Electronics and Information Technology (MeitY) on Saturday entered into a partnership with Google with the aim of rolling out "Build for Digital India", a programme that will give engineering students a platform to develop market-ready, technology-based solutions that address key social problems. from Gadgets Now https://ift.tt/2LbbjnK