Even Google and Facebook May Face an Ad Slump

Google’s and Facebook’s advertising businesses, which have roughly tripled in combined size over the last five years, may be headed for a rare stumble as the coronavirus pushes the global economy into a tailspin.

Once-abundant travel and entertainment ads have all but disappeared from Google search. The prices for Facebook advertisements are at record lows. And Wall Street analysts are estimating that annual revenues will decline for the first time in the history of the two companies.

To read more, see:
https://www.nytimes.com/2020/04/14/technology/coronavirus-google-facebook-advertising.html

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