Facebook's ads business is being hurt by coronavirus -- even though the lockdown has caused unprecedented usage

Associated Press Usage of Facebook has skyrocketed due to coronavirus lockdowns. But its ad business isn't getting boosted, as much of the activity is on unmonetized services, while advertisers are pulling back due to the pandemic. On Tuesday, the company published a blog post detailing how the coronavirus outbreak is affecting the business. Messaging and group video-chats are seeing particular spikes in usage. Usage of Facebook is booming. But its ads business isn't seeing the benefit. The Sili...