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Instagram’s ad business is proving the most successful for Facebook.
Instagram brings in more than a quarter of Facebook sales
Instagram itself brought in around $20 billion in advertising revenue last year which comprises over a quarter of Facebook’s total revenue.
Facebook has been aggressively pushing ads on Instagram especially through Stories.
Instagram Stories account for 10% of all ad spending on Facebook
Advertiser spending on Instagram Stories also jumped almost 70% from the prior year.
Facebook admitted to listening and transcribing audio clips.
Facebook tells chat users nothing about human listeners
Facebook’s controversy of listening and recording to transcribing some user’s audio clips may not involve humans at all.
FILE PHOTO: A worker stands behind a Portal booth during Facebook Inc's F8 developers conference in San Jose, California, U.S., April 30, 2019. REUTERS/Stephen Lam/File Photo
Facebook paid contractors to transcribe users’ audio clips
Facebook admitted that it had been transcribing users’ audio and said it will no longer do so.
Several brand marketers tweeted that Facebook’s ad-buying system was down as well
Facebook blames server change for the widespread outage
It was the longest time Facebook’s properties have been offline since 2012 when Downdetector began tracking the company’s service level.
Snap said Stone’s resignation isn’t related to any disagreement about the company’s accounting, strategy, financial or other practices
Snap finance chief Tim Stone quits in less than a year as company struggles to expand user base
His sudden departure, following several years of frequent executive turnover, adds to uncertainty surrounding the young company’s future.
A Facebook spokesperson said the disabled version of the app acts like it’s been deleted.
Samsung smartphone users get a shock: They can’t delete Facebook app
Many Android phone users have begun to question Samsung’s deal to sell phones with a permanent version of Facebook -- and some of them are complaining on social media.
Zuckerberg’s 2018 task was to fix Facebook.
Facebook CEO Mark Zuckerberg’s 2019 resolution is to host public discussions on future of tech in society
Every year, Zuckerberg comes up with a resolution for himself. In past years he’s learned Mandarin, gone on a tour of US states, and sent daily thank-you notes
In Zuckerberg’s list of things Facebook accomplished in 2018, some remain undone, or already widely critiqued.
Facebook CEO Mark Zuckerberg says problems will take years to fix
Mark Zuckerberg made the case that Facebook is now a changed company, and will be more proactive about problems.
Zuckerberg says that Sheryl Sandberg who is the Chief Operating Officer of Facebook, is very important for the company.
Facebook CEO Mark Zuckerberg hopes to work with Sheryl Sandberg for ‘decades’
In an interview with CNN, Zuckerberg also assured that he wouldn’t be stepping down anytime soon despite pressure from investors.

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