By John Glenday
Record usage figures propelled by housebound members have done nothing to ease Facebook’s pandemic pain amid fears that the ongoing coronavirus emergency is exacting a heavier toll on the advertising industry as every day goes by.
Since the outbreak began to bite earlier this month Facebook has observed a “weakening” of its lucrative advertising business as brands and firms batten down the hatches along with everyone else, constraining a vital revenue stream for the business.
A principle side effect of the draconian lockdowns now in place throughout much of the world has been a corresponding slump Read full story ›
Source: The Drum