Saturday, 28 March 2020

Facebook and Google see surge in online activity, still expected to see combined ad revenue hit of $44 billion

Facebook and Google see surge in online activity, still expected to see combined ad revenue hit of $44 billion

Facebook and Google generate around $200 billion per year in advertising revenue, so you'd think that this period of self-isolation and working from home is driving more use of their services and thus, more revenue. However, brands are in a difficult position and advertising budgets are among the first things on the list of costs to cut in order to keep things afloat.
Read more: https://www.techspot.com/news/84566-facebook-google-see-surge-online-activity-expected-see.html?source=Snapzu

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