New York (CNN Business)Facebook’s core advertising business has been upended by the pandemic, but the company said it saw “signs of stability” in the first three weeks of April.

Even so, Facebook posted $17.7 billion in revenue for the first three months of the year, an 18% increase from the same period a year ago. And while the advertising market may be rocky, usage is high. The company said it experienced “increased engagement as people around the world sheltered in place and used our products to connect with the people and organizations they care about.”
Online services such as Facebook, WhatsApp, Instagram and Zoom have become social lifelines during the pandemic for billions of people around the world. Facebook CEO Mark Zuckerberg has said the social network’s usage has been so high during the coronavirus pandemic that the company is “just trying to keep the lights on.” Facebook owns both WhatsApp and Instagram.
    Facebook now has 1.73 billion daily active users and 2.6 billion monthly active users, a year-over-year increase of 11% and 10%, respectively. It also said 2.99 billion people now use its “family of apps” each month, including Instagram, Messenger and WhatsApp.
    Shares of Facebook jumped 10% in after-hours trading following the earnings report.
    Facebook (FB) is the latest tech company to report growing usage while nodding to a slowdown in ad sales. Alphabet and Snapchat each pointed at advertising slowdowns in March, when the pandemic really took hold in the US.
    But as the broader market struggles, investors still seem upbeat about big tech and its relatively strong position to survive the pandemic given their market dominance, strong cash positions and consumers’ growing reliance on online services while stuck inside their homes.
    One silver lining of sorts on the expense side: Facebook said it expects to see savings in areas such as travel, events and marketing. The company has canceled all of its planned physical events with 50 or more people through June 2021 due to concerns about the pandemic. It also previously extended its policy of no business travel through at least June.
    Due to “increasing uncertainty” in its business outlook, Facebook is not giving investors revenue guidance for the coming quarter or full year.
      On a call with investors, Zuckerberg also cautioned against reopening too soon.
      “I worry that reopening certain places too quickly before infection rates have been reduced will almost guarantee future outbreaks and worse future economic and health outcomes,” he said.


      1. This article is very interesting information. It has helped me a lot. Thank you very much for providing this quality information in an easy-to-understand manner. Our site also provides high-quality information, so it will be helpful for your site. 토토뉴스

      2. I do agree with all of the ideas you have presented on your post.
        They’re very convincing and can definitely work.

        Nonetheless, the posts are too quick for novices. May just you please extend them a little from
        subsequent time? Thanks for the post.

      3. Hello all, here every one is sharing such experience, therefore it’s good to read this webpage, and I used to
        pay a quick visit this webpage every day.

      4. Howdy, i read your blog occasionally and i own a similar one and i
        was just wondering if you get a lot of spam feedback? If so how do you prevent
        it, any plugin or anything you can advise? I get so much lately it’s driving me insane so any help is very much appreciated.

      5. Howdy! This article couldn’t be written much better!
        Going through this post reminds me of my previous roommate!
        He constantly kept talking about this. I am going to send this post to him.
        Fairly certain he’s going to have a very good read. Thanks
        for sharing!

      6. I’m impressed, I must say. Seldom do I encounter
        a blog that’s equally educative and amusing, and without a doubt, you’ve
        hit the nail on the head. The problem is something that not enough folks are speaking intelligently about.
        I am very happy I came across this during my hunt for something regarding this.

      7. Greetings from Ohio! I’m bored to tears at work so I decided
        to check out your blog on my iphone during lunch break.
        I really like the information you present here and can’t wait
        to take a look when I get home. I’m surprised at how quick your
        blog loaded on my cell phone .. I’m not even using WIFI, just 3G ..
        Anyways, amazing site!

      8. Hey! I understand this is somewhat off-topic however
        I had to ask. Does running a well-established blog like yours require a large amount of
        work? I’m completely new to operating a blog but I do write in my journal daily.
        I’d like to start a blog so I can easily share my personal experience and feelings online.
        Please let me know if you have any kind of recommendations or tips for new aspiring bloggers.
        Appreciate it!

      9. You actually make it appear really easy with your presentation but I find this topic to be actually something
        which I think I’d by no means understand. It seems too complex and
        extremely vast for me. I’m looking ahead on your
        subsequent publish, I’ll try to get the hang of it! quest bars quest bars

      10. We’re a group of volunteers and opening a new scheme in our community.
        Your web site provided us with valuable information to
        work on. You’ve done a formidable job and our entire community will be grateful to you.

      11. hello my lovely stopforumspam member

        What are the Types of Loans in Ohio depending on the purpose
        Specific purpose payday loans in Ohio. Funds received in debt may be spent only for a specific purpose specified in the loan agreement.
        Non-purpose loan. The debtor may spend the money received at his discretion.
        Most popular specific purpose payday loans in Ohio are:

        House loan. The most common, of course, is a mortgage when the purchased property acts as collateral for a loan. Sometimes a youth loan is issued, with lighter conditions for debtors. Still quite common is a housing loan that does not imply purchased housing in the form of collateral.
        Car loan – payday loans in Ohio to a car or similar vehicle. The key is often the purchased goods, making the terms of the loan better. Also, loan conditions are improved: car insurance, life and health insurance of the borrower, and receiving a salary to the account of the creditor bank.
        Land loan. To purchase a plot for construction or agricultural activities.
        Consumer. For purchases in modern supermarkets, equipment stores, you can take a personal loan right at the point of sale. Often, specialists located there can contact the bank and get a regular or fast payday loans. Borrowed funds automatically pay for the goods, and the consultant explains when and how to re-pay the debt.
        Educational loan. It is issued to students, as well as to applicants who have passed the competition, to pay for tuition at universities, colleges, etc.
        Broker loan. For the circulation of securities, payday loans in Ohio are issued to an exchange broker, se-curities are purchased securities.
        Others. Objectives not related to those listed, but agreed and approved by the creditor.

      12. hello my lovely stopforumspam member

        Welcome to Grosvenor Casinos, where you can play a wide range of casino games, from slots to poker, blackjack, and roulette! There’s something for everyone here – become a member of the casino to have the best of online casino gaming. Our Sportbook offers a range of sports betting odds and is available for pre event or in play bets 24/7 and 365 days of the year. Whether you’re here for football tournaments or the latest betting odds for horse racing, Tennis, Golf, Cricket and even Rugby Union, you are covered.

      13. You’ve made some decent points there. I checked on the net for more information about the issue and found most
        individuals will go along with your views on this web site.

      14. Have you ever thought about adding a little bit more than just your articles?
        I mean, what you say is valuable and everything. But imagine if
        you added some great photos or video clips to give your posts more, “pop”!
        Your content is excellent but with images and video clips,
        this site could certainly be one of the best in its niche.
        Awesome blog!

      15. Out-and-out say of ivermectin 2mg. ivermectin is paramount taken as a sole measure with a full eyeglasses (8 ounces) of damp on an remove inclination (1 hour to come breakfast), unless in another situation directed by your doctor. To help certain up your infection, rip off this medication precisely as directed. Your doctor may penury you to remove another dose every 3 to 12 months. Your doctor may also dictate a corticosteroid (a cortisone-like nostrum) an eye to certain patients with river blindness, particularly those with cold symptoms. This is to improve trim the sore caused on the eradication of the worms. If your doctor prescribes these two medicines together, it is noteworthy to abduct the corticosteroid along with Gain possession of them just as directed by your doctor. Do not overlook any doses. Dosing. The dose of this remedy will be contrastive for contrasting patients. Comprehend your doctor’s orders or the directions on the label. The following word includes merely the run-of-the-mill doses of this medicine. If your quantity is different, do not shift it unless your doctor tells you to do so. The amount of prescription that you get depends on the tenacity of the medicine. Also, the include of doses you find suitable b leave each day, the experience allowed between doses, and the size of notwithstanding you study the physic depend on the medical mess in behalf of which you are using the medicine.

      16. I have been using the facial cream (Urist Crumple & Glare Line Cream) and the zithromax price for a certain extent some time now. I noticed and also be suffering with comments from friends and even my facial lady that my scrape has improved. I am so indebted exchange for your testimonial…

      17. I acquire been using the facial cream (Urist Fold & Glare Speciality Cream) and the after quite some chance now. I noticed and also be suffering with comments from friends and gloaming my facial lady that my scrape has improved. I am so obliged exchange for your testimonial…


      Please enter your comment!
      Please enter your name here