Thursday, July 30, 2020

Facebook smashes revenue estimates amid pandemic, forecasts ad growth

Ad sales, which contribute nearly all of Facebook's revenue, rose 10% to $18.3 billion in the second quarter as people under lockdown spent more time online and businesses rapidly pivoted to e-commerce https://ift.tt/3jTVvFj https://ift.tt/eA8V8J

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Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researchers quit via Slack during an all-hands (The Information)

The Information : Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researc...