Digital-ad downturn may complicate life for Google, Facebook - Business News, Finance News, Share Market News - Market trendz

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Tuesday, 28 April 2020

Digital-ad downturn may complicate life for Google, Facebook

So far it's not clear how badly the tech giants might be hit. Some of the early clues are expected this week when Google's corporate parent, Alphabet, and Facebook report their first-quarter financial results. But those results will only give a hint of the impact, given that the pandemic didn't start to zap the global economy — and ad budgets — until late February.

from Tech-Economic Times
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