Facebook Slows Sales Growth With Apple’s Privacy Policy

Apple warned that sales growth slowed in the last quarter Of a corporation. App privacy rules continue to create uncertainty for social media companies. Facebook’s ad sales, a major source of revenue, slowed growth in the first quarter since Apple began demanding apps to ask users if they wanted to be tracked in April. This change makes it harder for advertisers to target their ads to the right audience and get information about their performance.

Facebook also announced on Monday that it will change its reporting structure to split a unit called “Facebook Reality Labs” that contains augmented reality and virtual reality products and services. This move separates the unit’s results from its core business segment, which includes its flagship Facebook platform and other apps such as Instagram. The company said its investment in Facebook Reality Labs is expected to reduce overall operating profit in 2021 by about $ 10 billion.

Revenues in the third quarter reached $ 29.01 billion, up 35% from the year-ago quarter, but below the $ 29.56 billion expected by FactSet polled analysts. This is the smallest increase since the fourth quarter of last year, well below the 52% in the first half of this year.

Advertising revenue fell slightly from the second quarter, including the largest complex market segments, the United States and Canada. European sales also declined from the previous quarter.

Facebook warned in its July earnings report that changes in privacy for Apple’s iOS operating system could compromise ad targeting capabilities in the third quarter as more people update their iPhones and iPads.Last week’s snap Ltd

Apple’s policy has accused stock prices of falling by more than 20% as earnings growth is expected to slow this quarter.

Facebook’s third-quarter earnings were up 17% to $ 9.19 billion, or $ 3.22 per share. According to the company, the number of monthly users was 3.58 billion, an increase of 12% over the previous year.

Facebook’s share price rose more than 3% in after-hours trading on Monday after the end of a regular session. The company’s stock fell 5% last week after Snap reported an advertising issue related to Apple’s changes.

Michael Nathanson, an analyst at Moffett Nathanson, said: Social media companies start a busy week of earnings for tech giants. After the bell on Tuesday, Apple and Amazon.com will report quarterly results. Ltd

Numbers scheduled for Thursday. All are expected to achieve healthy top-line growth year-over-year as they continue to embrace the digital products and services offered by consumers and businesses.

According to Jeffreys analysts, global supply chain disruptions were expected to slow Facebook’s sales growth as vendors with limited inventories cut advertising costs. Still, the investment firm said digital advertising is powerful and new advertising products from Facebook’s Instagram service will be up and running to provide a new source of revenue.

Facebook said it expects revenue to grow from $ 31.5 billion to $ 34 billion this quarter, reflecting factors such as “Apple’s iOS 14 changes continue to headwind.”

Parents of Facebook, Instagram and WhatsApp have also tackled other challenges. This includes scrutiny of strict regulations in Washington and criticism of the company’s operations by its own supervisory board following a series of Wall Street Journal investigations called Facebook files.

Share your thoughts

What do you think about the current state of Facebook’s business? Join the conversation below.

Last week, UK competition regulators fined Facebook £ 50.5 million ($ 69.6 million worth) for violating reporting requirements while reviewing a proposal to acquire Giphy, an online provider of animated images. Facebook has separately agreed to pay a monetary penalty as part of its settlement with the US government. It accused social media companies of illegally booking lucrative jobs for migrant workers sponsored for permanent residence, instead of looking for and considering available US workers.

Facebook CEO Mark Zuckerberg has recently promoted his vision for the Metaverse. It is loosely defined as a broad future online world where people exist and interact in a shared virtual space through digital avatars. He recently described the Metaverse as the next generation of the Internet and the next chapter in his company. Facebook said last week it plans to create 10,000 jobs in Europe over the next five years to work on Metaverse-related efforts.

Zuckerberg emphasized the message in the company’s earnings report. “I’m particularly excited about the roadmap that helps build creators, commerce and the Metaverse,” he said. Facebook said it expects to increase its investment over the next few years. The company added that next year’s costs will be as much as $ 97 billion for technical staff, product staff, and infrastructure-related costs.

Sarah E. Needleman

By: Sarah E. Needleman

Source: Facebook slows sales growth with Apple’s privacy policy – Texas News Today

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5 Ways to Learn New Skills Effectively

Learning a new skill can be one of the most satisfying things you can do to grow. Learning a new skill is not just a financially smart decision, but it is also good for your mental health. When you learn new skills, you feel more powerful. New neural connections are formed in your brain when you learn something new. The best way to change your life is to change your mind. And learning new skills is the best way to change your mind, literally.

When the normal routine of life makes your life dull, having entertainment alone is not enough to recharge yourself. Entertainment can be good for a weekend — but if you do not learn anything new for years, you will start hating your work.

The traditional system of education expects us to finish school and college and then work for the rest of our lives. That strategy might have worked 30 years back as the world was slowly moving towards the information age. It is not going to work anymore. To thrive in this day and age, learning has to become a habit and continuous up-gradation of skills is required to stay relevant and competitive.

One of the biggest challenges in learning after school and college is that the learning journey becomes lonely. If you are trying to learn from a book or an online course with a set of video tutorials, your learning can become quite stressful. Students learn best when they are energetic and happy. And the only way to feel energetic and happy during your learning journey is to be part of a community that has the same learning goals as yours.

1. Sign up for a cohort-based online course

Many online courses nowadays are cohort-based, and cohort-based online courses usually have a community around them. Being part of a community can impact your learning journey in very subtle ways that are not obvious. Remember, you are the average of the five people around you.

If you are part of a learning community where you see other students have similar goals such as yours and if you see that they are making progress with their professional journey, you are highly likely to grow along with them. You will have a positive pressure to achieve results.

Related: Why Remote Learning is an Avenue That is Worth Exploring

2. Sign up for a mastermind program

After the completion of the online course, you can think about becoming part of a mastermind community where the learning journey continues beyond the course duration. A mastermind community is usually led by a mentor, and you will have the best of the best students as part of the community.

Mastermind community memberships usually come at a premium, but it is worth the premium because the ideas that you get from the community for your career and business will be well worth the price.

3. Start blogging about what you’ve learned

To make sure that you do not forget what you learn, take notes and write about what you have learned in your blog. Writing organizes your thought process and it is one of the best ways to remember.

If you write in a public blog, you can also build your brand at the same time and may even start having some subscribers who want to copy your notes. A lot of digital mentors have built their following because they started taking their notes in public.

Related: 4 Tips for Finding Your Profitable Blogging Niche

4. Implement your learning

You also have to make sure that you implement what you learn. Implementation is very important because when you implement your leaningsconcepts

perspectives

onlinecourses

and get results, you are going to have validated learning. Validating what you have learned will make sure that the concepts you are trying to learn will go from information to understanding.

Once you understand something new, you will feel powerful and your perspective will expand. Once your perspective has expanded to new horizons, you will never be able to get back to your original state of thinking.

Also, implementing what you have learned gives you a project in hand. You get hired for what you can do, not what you know. Online course certificates usually prove that the student knows something, but not that they can do something. When you do a project, the project proves that you can do something. And who knows — the project can become a side hustle and may even become a business someday.

5. Become a digital mentor and teach

And finally, start teaching what you have learned to your followers. If you are already blogging and blogging about what you know, you will have an audience. Create a smaller mastermind group where you are the mentor and help your students. This will mostly happen online. You are effectively becoming a digital mentor for your students. Teaching is one of the best ways to learn, because it forces you to simplify the concepts you already have in your mind.

Related: How VR Will Accelerate Talent Learning and Development

Deepak Kanakaraju

By: Deepak Kanakaraju / Entrepreneur Leadership Network Contributor

Source: 5 Ways to Learn New Skills Effectively

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Hone Your Habits – Discover What You Need To Do…


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Hone Your Habits – Discover What You Need To Do…


This powerful tool will provide you with everything you need to know to be a success and achieve your goal of doing away with the bad things and replacing them with good things. With this product, and it’s great information on beating bad habits you will have all the tools and a step by step [ ]
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