Facebook is gearing up for a year from hell in 2020, Mark Zuckerberg warns: 'This is going to be a very tough year'
On Wednesday, the Silicon Valley social networking firm announced its Q3 2019 financial results, and on a conference call with industry analysts Zuckerberg took some time to deliver a speech about his company's "principles," and to caution that further hard times lie ahead.
Facebook is currently under siege over its policy that allows politicians to lie with impunity in political ads on its platform, and, even after Twitter CEO Jack Dorsey announced that the rival social network was banning political advertising. The only bright spot for Facebook is that its business hasn't suffered. It still rakes in billions in profit every quarter,
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Facebook CEO Mark Zuckerberg defends himself against Twitter's Jack Dorsey, saying political ad decision is not all about moneyFacebook's approach came under intense scrutiny this month after the company said it would allow Trump's re-election campaign to run an ad with false claims about former Vice President Joe Biden and his son.
Read more »
Apple needs CEO charm more than FacebookTim Cook has Washington and even Beijing on side, while Mark Zuckerberg can barely speak without annoying someone in power – and Facebook is blocked in China. Yet since D.C. pressure ratcheted up a year ago, Zuckerberg’s stock has performed better. Diplomacy only goes so far.
Read more »
After Facebook comes under fire, Twitter's CEO announces ban on political adsTwitter announced on Wednesday that it would no longer allow political ads on its service, in an implicit response to Facebook’s policy of allowing political ads even if they contain false information.
Read more »
Hudson's Bay CEO Helena Foulkes: 'Barneys is an example of how tough it is out there'Hudson's Bay CEO Helena Foulkes on how
Read more »
Boeing CEO faces tough questions from U.S. lawmakers at hearingBoeing CEO Dennis Muilenburg will face tough questions on the crashes of two 737 MAX planes, which killed 346 people and sparked calls for reforms during the first of two days of testimony before U.S. lawmakers
Read more »
Boeing CEO tells U.S. lawmakers at hearing: 'We've made mistakes'; faces tough questionsBoeing CEO Dennis Muilenburg will face tough questions from U.S. lawmakers regarding the crashes of two 737 MAX planes
Read more »