Facebook's grim forecast: privacy push will erode profits for years - Global News | Latest & Current News - Weather, Sports & Health News

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Facebook's grim forecast: privacy push will erode profits for years

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Facebook Inc's shares lost as much as a quarter of their value on Wednesday after executives said that profit margins would plummet for several years due to the costs of improving privacy safeguards and slowing usage in the biggest advertising markets.


from Reuters: Top News https://ift.tt/2AhGPwS
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