Facebook's 1Q Revenues impressed, and monthly active users rose to almost 2.6 Billion. Some worry though that the second quarter will be more painful for the social media giant as companies decide on whether to cut advertising budgets to save cash. Charles Tidswell, the VP for the JAPAC region at Socialbakers, gave us his impressions of the earnings release, if upstarts like Tiktok might challenge Facebook and Instagram, and if Facebook can successfully push into ecommerce and online gaming.

 

 

Facebook's 1Q Revenues impressed, and monthly active users rose to almost 2.6 Billion. Some worry though that the second quarter will be more painful for the social media giant as companies decide on whether to cut advertising budgets to save cash. Charles Tidswell, the VP for the JAPAC region at Socialbakers, gave us his impressions of the earnings release, if upstarts like Tiktok might challenge Facebook and Instagram, and if Facebook can successfully push into ecommerce and online gaming.
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