Facebook’s growth went into reverse for the first time, and the worst is yet to come (FB)

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• Facebook saw a decline in monthly active users for the first time in its history.
• It’s a big deal because the decline was in Europe, which has just introduced the strict new GDPR privacy regulation.
• It shows that regulation is capable of curtailing Facebook’s massive growth and capping its revenue.
• The worst is yet to come because the full impact of GDPR is yet to kick in.

Facebook saw a decline in monthly active users for the first time in its history, the company reported during its dramatic second-quarter earnings on Wednesday.

Any decline is significant and bad news for a company generally considered to be a rocket ship of growth. But what should cause some alarm is where the decline happened, and whether it will get worse.

See the rest of the story at Business Insider

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