Facebook’s torrid revenue growth was tempered by Apple’s new ad-tracking restrictions in iOS 14.5 — but the social giant still raked in a ton of money and posted profits that topp…
“We made good progress this quarter and our community continues to grow,” Facebook CEO Mark Zuckerberg said in announcing the results. “I’m excited about our roadmap, especially around creators, commerce, and helping to build the metaverse.”
Evidently the results and the guidance weren’t as bad as investors feared: Facebook shares were up 2.7% in after-hours trading Monday.that it anticipated top-line growth to decelerate in the second half of 2021, due to increased headwinds with respect to ad targeting in 2021 from regulatory and platform changes, most notably Apple’s update with iOS 14.5 to require users to opt-in to allow ad tracking., saying it underestimated the effect of the iOS 14.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Alejandro Fernandez Donates Tour Proceeds to Immigrant Families, Says 'Impact Goes Beyond Ticket Sales'Alejandro Fernandez talks about donating his Hecho en Mexico U.S. tour proceeds to assist immigrant families separated at the U.S.-Mexico border.
Leer más »
Aespa Makes Sales History In America With Their First Collection ‘Savage’Aespa joins Itzy, Twice and Blackpink with their first top 10 bestselling album in America.
Leer más »
‘Gangs Of London’ Dominates Bafta Cymru Awards; Abacus Media Rights Signs Veteran Sales Exec – Global Briefs‘Gangs Of London’ Dominates Bafta Cymru Sky Atlantic drama Gangs of London swept up at last night’s Bafta Cymru Awards, winning four awards, while the leads in It’s A Sin an…
Leer más »
WME Independent Launches Sales On Jason Momoa Western ‘The Last Manhunt’ About Legend Of Willie Boy; First Look Images — AFMEXCLUSIVE: WME Independent is launching sales ahead of the virtual AFM on under-the-radar Jason Momoa western The Last Manhunt. Today we can reveal first images of the completed movie, which tells …
Leer más »
Stock Futures Creep Up Ahead of Tech EarningsStock futures edged up ahead of a big week of tech earnings, with Facebook set to post slower sales growth after markets close
Leer más »
Facebook ad revenue seen feeling brunt of Apple privacy changesAhead of Facebook Inc's financial results on Monday, the social media giant is expected to be hurt more than others in big tech by Apple Inc's iPhone privacy changes, investors fear, after Snap Inc missed revenue targets last week.
Leer más »