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Facebook admits its pandemic-juiced user growth is coming to an end

today30 October 2020

Background


One society’s suffering can only be a company’s growth opportunity for so long.

Facebook released its third quarter earnings report Thursday, letting investors around the world know that not even the coronavirus can slow its inexorable march toward riches — it clocked in a cool $21 billion in revenue this quarter alone. There was one bit of interesting news, however, buried within: Facebook’s number of daily active and monthly active users in the United States and Canada is declining,…

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today30 October 2020

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