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Thursday, July 26, 2018

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

  Mian Adeel Soomro       Thursday, July 26, 2018
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: Business News https://ift.tt/2v2bc4N
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