Browsing: Facebook

Twitter said monthly users dropped by a million in the second quarter, and predicted that number will decline further as the company continues to fight against spam, fake accounts and malicious rhetoric.

Facebook was pummelled by public criticism over privacy issues during the second quarter. Don’t expect to see much evidence of that turmoil in Facebook’s earnings report on Wednesday.

Facebook bestrides the Earth. It attracts nearly 1.5 billion users a day, commands a fifth of global online advertising revenue and has a market capitalisation that exceeds the GDP of many countries. But breaking it up is the wrong approach.