Facebook warns revenue growth slowing, costs remain high

By Katie Paul and Munsif Vengattil on Jan 30, 2020 12:34PM

Growth expected to slow further in coming months.

Facebook said on Wednesday that growth would continue to slow as its business matured and reported a surge in quarterly expenses, disappointing Wall Street expectations that the costs of improving privacy would level off. The news raised concerns that Facebook's best days were behind it, and ...

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