Facebook's ads business is being hurt by coronavirus — even though the lockdown has caused unprecedented usage

Business Insider

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· *Usage of Facebook has skyrocketed due to coronavirus lockdowns.*
· *But its ad business isn't getting boosted, as much of the activity is on unmonetized services, while advertisers are pulling back due to the pandemic.*
· *On Tuesday, the company published a blog post detailing how the coronavirus outbreak is affecting...

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