{"id":3803,"date":"2018-10-30T21:30:23","date_gmt":"2018-10-30T21:30:23","guid":{"rendered":"http:\/\/www.styledeals.co.uk\/blog\/facebook-daily-user-growth-slows-as-sales-miss-forecasts\/"},"modified":"2018-10-30T21:30:23","modified_gmt":"2018-10-30T21:30:23","slug":"facebook-daily-user-growth-slows-as-sales-miss-forecasts","status":"publish","type":"post","link":"https:\/\/www.styledeals.co.uk\/blog\/facebook-daily-user-growth-slows-as-sales-miss-forecasts\/","title":{"rendered":"Facebook daily user growth slows as sales miss forecasts"},"content":{"rendered":"\n<div property=\"articleBody\">\n<figure class=\"media-landscape no-caption full-width lead\"><span class=\"image-and-copyright-container\"><\/p>\n<p>                <img loading=\"lazy\" decoding=\"async\" class=\"js-image-replace\" alt=\"Facebook logo is seen on an android mobile phone.\" src=\"https:\/\/ichef.bbci.co.uk\/news\/320\/cpsprodpb\/8E12\/production\/_104107363_gettyimages-1055352610.jpg\" width=\"976\" height=\"549\"\/><span class=\"off-screen\">Image copyright<\/span><br \/>\n                 <span class=\"story-image-copyright\">Getty Images<\/span><\/p>\n<p>            <\/span><\/p>\n<\/figure>\n<p class=\"story-body__introduction\">Facebook&#8217;s user growth has slowed and revenue failed to meet forecasts, according to the company&#8217;s latest results.<\/p>\n<p>An average of 1.49 billion people used Facebook&#8217;s social media service daily in September, up 9% on last year but below expectations of 1.51 billion.<\/p>\n<p>Growth remained flat in the US and Canada and fell in Europe.<\/p>\n<p>Facebook said sales rose by 33% in the third quarter to $13.7bn (\u00a310.7bn), however they narrowly missed forecasts.<\/p>\n<p>The Silicon Valley firm &#8211; which has been hit by security breaches and concerns about fake news &#8211; warned investors in July that its previously blockbuster growth would slow.<\/p>\n<p>The company has boosted spending on security and privacy issues, while allowing users to limit advertising more easily.<\/p>\n<p>Most of its new users also live in regions that are less profitable than in the US.<\/p>\n<p>Expenses increased 53% year-on-year to $7.9bn.<\/p>\n<p>Profits were $5.1bn, up 9% thanks in part to a lower-than-expected tax rate.<\/p>\n<\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.bbc.co.uk\/news\/business-46038496\">Source<\/a> by <a href=\"\">[author_name]<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Image copyright Getty Images Facebook&#8217;s user growth has slowed and revenue failed to meet forecasts, according to the company&#8217;s latest results. An average of 1.49 billion people used Facebook&#8217;s social media service daily in September, up 9% on last year but below expectations of 1.51 billion. Growth remained flat in the US and Canada and &hellip; <\/p>\n","protected":false},"author":0,"featured_media":3804,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3803","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general"],"_links":{"self":[{"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/posts\/3803","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/comments?post=3803"}],"version-history":[{"count":0,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/posts\/3803\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/media\/3804"}],"wp:attachment":[{"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/media?parent=3803"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/categories?post=3803"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/tags?post=3803"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}