Facebook investors braced for fresh hit to user numbers

as informed in Facebook investors are braced for the social network to report a second consecutive decline in European users as it shows more evidence of saturation in its most profitable markets, despite worldwide growth. Analysts at Deutsche Bank predict the effect of new data protection laws and a September cyber-attack that forced it to log millions of people out of their accounts will hit user numbers in Europe, Facebook's most lucrative area outside North America. In July, Facebook revealed the number of Europeans logging in every month had fallen by a million. Deutsche Bank analysts recently downgraded forecasts for this week's results, saying they were "unlikely to be a positive catalyst" for the company's share price. The social-media giant's problems have continued, including a recent cyber-attack in which hackers stole the details of 40m customers.

Facebook hit with huge fine for failing to protect its users' privacy

Facebook has been hit with a huge fine for failing to protect its users' privacy. 2/9 Limit old posts Annoyingly, changing this has no effect on who's able to see your past Facebook posts. It's also worth limiting who can find your Facebook profile with your number and email address. 2/9 Limit old posts Annoyingly, changing this has no effect on who's able to see your past Facebook posts. It's also worth limiting who can find your Facebook profile with your number and email address.

Facebook revenue growth to be hit by data breach record

as declared in Emily NicolleFacebook is expected to report a continued growth slowdown for revenue and profits in its third quarter earnings on Tuesday, as a string of major data breaches weigh heavily on the firm. This represents growth of 33 per cent year-on-year, compared to a growth rate of 42 per cent in its second quarter. Last quarter, expenses began to grow faster than revenue at 50 per cent year-on-year as the effects of several cyber hacks took their toll. This is expected to continue, as Facebook hires to monitor content and beef up its security teams. Moreover, fears remain for the fate of Instagram, Facebook's main growth engine, after both of its co-founders departed unexpectedly last month.

collected by :Roy Mark