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Yes, privacy crackdowns matter: Facebook is starting to feel the pinch

Analysts have been looking for Facebook's growth rate to come in under 25 per cent for the rest of this year

Facebook
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Shira Ovide | Bloomberg
It’s easy to believe that Facebook Inc. is an unstoppable advertising force built on pervasive human surveillance and that meek regulatory or legislative efforts do nothing to stop it. 

Despite those concerns, the privacy reckoning for Facebook and the rest of the internet is denting the company’s ad machine.

Facebook spooked investors a bit on Wednesday during a conference call to discuss its second-quarter earnings. Executives said revenue growth would slow more than the company previously expected at the end of this year and into 2020, in part because of various restrictions or self-imposed limitations on Facebook’s data harvesting. 

Facebook didn’t spill all
Topics : Facebook

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