Facebook May Earn Big Revenue from Critical Groups

A coalition of progressive groups is looking to spend as much as a six-figure sum on digital advertisements to promote its campaign to have Facebook (FB) broken up into smaller pieces, according to a report by Axios. The advertisements will run on platforms such as Instagram, Twitter (TWTR), and Facebook, implying that Facebook is poised to benefit financially from the coalition’s offensive. Instagram is one of the digital networking platforms owned by Facebook.