Facebook and Google got hit hard by the coronavirus, but their massive ad businesses will come out stronger in the end

Business Insider

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· *Facebook and Google's first-quarter revenue took a hit from advertisers pulling spend amid the coronavirus, **but ad buyers say they'll come out stronger long term.*
· *Facebook reported $17.74 billion in first-quarter revenue, up 18% year-over-year, but average ad prices dropped 16% in the quarter.*
· *Google reported...

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