Facebook’s ads business hit by Covid-19 pandemic despite surge in usage

//Facebook’s ads business hit by Covid-19 pandemic despite surge in usage

Facebook’s ads business hit by Covid-19 pandemic despite surge in usage

Facebook said its advertising business is taking a hit in some parts of the world as a result of the Covid-19 pandemic, even as demand for information and messaging drives an “unprecedented” spike in usage for many of its services.“Our business is being adversely affected like so many others,” the world’s largest social network wrote in a blog post on Tuesday.Many of Facebook’s products, including messaging and voice calls through Messenger and WhatsApp, have seen a dramatic increase in traffic…

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By | 2020-03-25T01:33:10+00:00 March 25th, 2020|Technology|Comments Off on Facebook’s ads business hit by Covid-19 pandemic despite surge in usage