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Facebook shutting down third-party ad targeting tool Our thought bubble: Facebook made roughly $13 billion dollars on ad revenue last quarter, with almost all of that ad that revenue coming from programmatic, or automated ads. Many were purchased using third-party data firms to target those ads. This will have a significant impact on Facebook's ...
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The disconnect beneath Facebook's month from hell There's something incongruous about the privacy scandal that has rocked Facebook to its very core over the past month. Despite the worst public relations crisis in its short history, triggered by revelations of data harvesting affecting millions of users, and resulting in chief executive Mark Zuckerberg being ...
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This is how Facebook's record lobbying spending compares to other tech companies Facebook spent more money lobbying the U.S. government in the first quarter of 2018 than it ever has before, according to a new filing. The social media company forked over $3.3 million to steer lawmakers on privacy, security, online advertising, and transparency efforts, among other issues.
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In Sri Lanka, Facebook is like the ministry of truth Facebook now reaches 2.2 billion people on the planet. The most lucrative of those are in the US, where its user base is stagnating. To grow, the social media giant will have to expand in less developed parts of the world. Places like Sri Lanka. An investigation by the New York Times (paywall) exposes ...
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