There's a little-noticed red flag in Facebook and Google's latest financial reports, and it highlights a worrying weakness among their customers
Facebook and Google have soaring bad debt expenses in their quarterly earnings.
But hidden among both companies' 10-Q filings is a line item that offers a stark insight into how small businesses are being brutalized by the ongoing crisis — and bodes ill for the tech firms' results if the economic situation continues to worsen. What these figures mean in practice is that the economy is in increasingly awful shape. If companies aren't paying their advertising bills, it's a strong sign they're struggling to stay afloat — or going bust outright.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Valerie Jarrett on US coronavirus response and 2020 presidential election - Business InsiderObama's former advisor Valerie Jarrett talks about Trump's 'flat-footed' response to the pandemic and why we need to let more people vote early and by mail
Consulte Mais informação »
Google Maps used against the coronavirus truckers, food banks - Business InsiderNonprofits, truck drivers, food banks, and others are turning to a little-known Google Maps feature to navigate life amid the coronavirus pandemic
Consulte Mais informação »
High School Seniors Are Making Their Own Yearbooks on Instagram“We’re taking advantage of social media to make up for the fact that we’re missing out on so much face to face.” 📓
Consulte Mais informação »
For Many Small Businesses, U.S. Coronavirus Aid Falls ShortThe $660 billion aid program for small businesses coping with the coronavirus pandemic threatens to leave hundreds of thousands of companies struggling to survive because of its limits on nonpayroll expenses.
Consulte Mais informação »
How coronavirus is changing influencer marketing, creator industry - Business InsiderBusiness Insider spoke to influencer-marketing professionals across the industry to learn how they're adjusting during the coronavirus pandemic.
Consulte Mais informação »
Apple fiscal Q2 2020 earnings: iPhone sales, wearables, services - Business InsiderFalling iPhone sales bring Apple's Q2 revenue billions below its initial expectations – but its bets on wearables and services are paying off
Consulte Mais informação »