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Facebook quarterly revenue ($17.2 B) beat the expected revenue ($17.7 B) by just ~3%. I imagine this is one of the reasons Facebook didn't want to drop politic
by three_seagrass 6y ago
Facebook quarterly revenue ($17.2 B) beat the expected revenue ($17.7 B) by just ~3%.
I imagine this is one of the reasons Facebook didn't want to drop political ads (like the competition) in an election year.
- maskedinvader 6y agoI dont think money is the reason to not drop political ads, I suspect its not to antagonize the Trump administration, I see no other reason why they would take the heat for something which reportedly is a very very small portion of revenue. https://www.newsweek.com/mark-zuckerbeg-claims-revenue-facebooks-political-ads-are-too-small-justify-fact-checking-1467319 https://www.newsweek.com/mark-zuckerbeg-claims-revenue-faceb...