{"id":70733,"date":"2018-03-30T16:50:31","date_gmt":"2018-03-30T16:50:31","guid":{"rendered":"http:\/\/www.bnreport.com\/as-facebook-loses-luster-tech-stocks-await-fallout\/"},"modified":"2018-03-30T16:50:31","modified_gmt":"2018-03-30T16:50:31","slug":"as-facebook-loses-luster-tech-stocks-await-fallout","status":"publish","type":"post","link":"https:\/\/www.bnreport.com\/en\/as-facebook-loses-luster-tech-stocks-await-fallout\/","title":{"rendered":"As Facebook loses luster, tech stocks await fallout"},"content":{"rendered":"

By James B Stewart
<\/strong>
Over the last half decade, few stocks have been more beloved by investors and Wall Street analysts than Facebook<\/a>. No wonder: After a rocky initial public offering in 2012, it has rolled over one obstacle after another, including the shift to mobile computing and the rise of photo sharing. It delivered revenue and user growth that surpassed even the most optimistic projections. <\/p>\n

By the end of last year, Facebook had 2.2 billion active users. Its stock rose 53 per cent last year, single-handedly accounting for 3.7 per cent of the 21.8 per cent gain in the Standard & Poors 500 index, according to S&P Dow Jones Indices. By early February, its market capitalization<\/a> had surpassed $560 billion, making it the fifth most valuable company in the index. <\/p>\n

By then Facebook alone accounted for nearly 2 per cent of the S&P 500 index, which means that anyone who owns a broad-based stock mutual fund or index fund probably owns Facebook shares. Sophisticated investors and institutions, too, have considerable exposure: Goldman Sachs<\/a> analysts reported last month that Facebook was the second most widely held stock (after Amazon) by hedge funds. <\/p>\n

More than 90 per cent of Wall Street analysts covering the company deemed Facebook a \u201cbuy\u201d in early February even though at $195 a share, its price-to-earnings ratio \u2014 a common valuation measure \u2014 was a lofty 35. (The average ratio now is about 24; historically, it has been about 15.)
It was, as Wall Street pundits like to say, \u201cpriced for perfection.\u201d <\/p>\n

Whatever else can be said about Facebooks recent tribulations, this much is certain: Its situation is far from perfection. <\/p>\n

After revelations that data harvested from Facebook may have been used to try to influence Britains vote to leave the European Union and the United States presidential election<\/a>, the social network giant faces multiple investigations in both Europe and the United States, along with potentially profit-crimping regulations and limits to its use of data. And investor retribution has been swift. <\/p>\n

Since hitting its peak on Feb. 2, Facebook has lost an astonishing $100 billion in market capitalization. Its stock was trading midweek at close to $153 a share, a decline of nearly 22 per cent. (It rebounded by about 4.5 per cent Thursday and closed at $159.79.) <\/p>\n

With Facebooks plunge, investor concerns have spread to other social media and internet stocks with lofty multiples, like the so-called FANG stocks<\/a> \u2014 Facebook, Apple and Amazon, Netflix and Google \u2014 and Twitter<\/a>. They accounted for more than 10 per cent of the S&P 500 at their peak. <\/p>\n

\u201cPeople who own an index fund need to realize how important Facebook is, and how big a role it and the FANG<\/a> stocks played in the markets rise,\u201d said Howard Silverblatt, senior industry analyst for the S&P Dow Jones Indices, who oversees statistical analysis for the S&P 500. \u201cThe FANG leadership is faltering. Social media hasnt faced much regulation, and now theres a cloud hanging over those companies.\u201d <\/p>\n

In the midst of past Facebook euphoria, few saw this coming. One that did was AIERA, a robot that uses artificial intelligence to make stock recommendations. AIERA, an acronym for artificially intelligent equity research analyst, put out a \u201csell\u201d recommendation for Facebook last fall. <\/p>\n

So did Brian Wieser, a senior analyst at Pivotal Research Group who covers media and internet companies. Although he was positive about the stock for most of its long climb, he downgraded Facebook to \u201csell\u201d last summer based on regulatory and advertiser concerns and what he now considers \u201csystemic management issues.\u201d <\/p>\n

Not only was it a lonely position, but \u201cthe stock went up and up,\u201d Wieser told me this week. \u201cBut I thought the market was wrong, full stop.\u201d <\/p>\n

\u201cI didnt know what the catalyst would be, but at some point revenue growth had to slow and the margins go down,\u201d he said. \u201cThere are practical limits. And I felt investors were looking at Facebook in much too positive a light. They just ignored all the bad things, and there were a lot of them.\u201d <\/p>\n

Then, when the news broke this month that a British firm, Cambridge Analytica<\/a>, had used Facebook data for voter profiling, Wieser said, he thought it was \u201cthe most significant thing that had happened to Facebook since it became a public company.\u201d <\/p>\n

\u201cMost people hadnt given much thought to how their data is used,\u201d he added. \u201cBut this really exposed the potential abuse. This is digital advertisings original sin, and theres going to be a reckoning that even now I dont think most investors fully appreciate.\u201d <\/p>\n

The other Facebook skeptic, AIERA, can talk, but Wells Fargo \u2014 whose global internet analyst, Ken Sena, developed the robot along with Bryan Healey \u2014 wasnt making its wunderkind available for interviews. But based on AIERAs published comments, it issued its sell recommendation after analyzing the frequency of negative mentions in the media of Russias use of Facebook to influence the presidential election, as well as fundamental valuation and technical factors. (AIERA uses artificial intelligence to read and analyze a half-million pieces of data per day gleaned from the internet. It currently analyzes more than 1,600 stocks.) <\/p>\n

Wells Fargo has stressed that AIERA remains in experimental mode, but one potential advantage is that it removes all human emotion from its analysis. Thus, AIERA was indifferent to the fact that nearly every other analyst had a buy recommendation on Facebook. <\/p>\n

That included her putative master, Sena, who was thrust into the somewhat awkward position of explaining his own buy recommendation even as AIERA said sell.
When I spoke to him this week, Sena stressed that AIERA was a tool that could detect patterns and eliminate bias. <\/p>\n

\u201cAIERA said election interference was a big deal, and it turned out it was a big deal,\u201d Sena said. \u201cBut its not meant to supplant human judgments.\u201d <\/p>\n

He hasnt changed his buy recommendation even though he agrees with Wieser that investors need to take threats of regulation seriously. <\/p>\n

\u201cThe conventional wisdom was that people dont care that much about how their data is used,\u201d Sena said. \u201cThey like the convenience of targeted advertising. But the level of public outcry over this is new.\u201d <\/p>\n

\u201cFacebook is going to have to do a lot of explaining,\u201d he added. \u201cI believe they have the capability and the technology to make the platform secure. But its going to distract from other initiatives investors are counting on for growth, like virtual reality and video content.\u201d <\/p>\n

Even so, Facebooks decline has been so steep that even Wieser and AIERA may reassess their recommendations if they calculate that the stock has bottomed out. <\/p>\n

When he last reiterated his sell recommendation, Wiesers price target was $152. \u201cI dont want to be trigger happy on this,\u201d he said. \u201cIts not clear yet what happens next. I want to fine-tune my thoughts before I revisit this.\u201d <\/p>\n

AIERA canceled her sell recommendation after the stock plunged. She hasnt yet made a new recommendation. Of 45 analysts who cover Facebook, 41 currently have a \u201cbuy\u201d or \u201coverweight\u201d recommendation, up from 39 a month ago. <\/p>\n

Sena is even more bullish on Facebook than he was before, and hasnt changed his price target of $230. \u201cPeople are still glued to Facebook and Instagram,\u201d he said.
Its price-to-earnings ratio is now just 28, barely above the market average, which makes it \u201cthe cheapest stock in our coverage area, and it has some of the best growth prospects,\u201d he said. \u201cTheres no way mathematically to justify a loss of more than $70 billion in market cap.\u201d <\/p>\n

<\/a><\/strong> <\/a><\/p>\n

Original Article<\/a><\/p>\n

[contf]
\n[contfnew]
\n <\/p>\n

ET Markets<\/a><\/h5>\n

[contfnewc]
\n[contfnewc]<\/p>\n","protected":false},"excerpt":{"rendered":"

By James B Stewart<\/p>\n

Over the last half decade, few stocks ha..<\/p>\n","protected":false},"author":1,"featured_media":70734,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[202],"tags":[],"class_list":["post-70733","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"\nAs Facebook loses luster, tech stocks await fallout - Business News Report<\/title>\n<meta name=\"description\" content=\"By James B Stewart Over the last half decade, few stocks ha..\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bnreport.com\/en\/as-facebook-loses-luster-tech-stocks-await-fallout\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"As Facebook loses luster, tech stocks await fallout - Business News Report\" \/>\n<meta property=\"og:description\" content=\"By James B Stewart Over the last half decade, few stocks ha..\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.bnreport.com\/en\/as-facebook-loses-luster-tech-stocks-await-fallout\/\" \/>\n<meta property=\"og:site_name\" content=\"Business News Report\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Business-NewsReport-328225811095934\/\" \/>\n<meta property=\"article:published_time\" content=\"2018-03-30T16:50:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.bnreport.com\/wp-content\/uploads\/2018\/03\/facebook1-reuters.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"672\" \/>\n\t<meta property=\"og:image:height\" content=\"504\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"infopal11\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@BNReport\" \/>\n<meta name=\"twitter:site\" content=\"@BNReport\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"infopal11\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/as-facebook-loses-luster-tech-stocks-await-fallout\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/as-facebook-loses-luster-tech-stocks-await-fallout\\\/\"},\"author\":{\"name\":\"infopal11\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/person\\\/19d1c5a2dd7f60584a09de4a7805d68f\"},\"headline\":\"As Facebook loses luster, tech stocks await fallout\",\"datePublished\":\"2018-03-30T16:50:31+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/as-facebook-loses-luster-tech-stocks-await-fallout\\\/\"},\"wordCount\":1245,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/as-facebook-loses-luster-tech-stocks-await-fallout\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2018\\\/03\\\/facebook1-reuters.jpg\",\"articleSection\":[\"Finance\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.bnreport.com\\\/en\\\/as-facebook-loses-luster-tech-stocks-await-fallout\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/as-facebook-loses-luster-tech-stocks-await-fallout\\\/\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/as-facebook-loses-luster-tech-stocks-await-fallout\\\/\",\"name\":\"As Facebook loses luster, tech stocks await fallout - Business News Report\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/as-facebook-loses-luster-tech-stocks-await-fallout\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/as-facebook-loses-luster-tech-stocks-await-fallout\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2018\\\/03\\\/facebook1-reuters.jpg\",\"datePublished\":\"2018-03-30T16:50:31+00:00\",\"description\":\"By James B Stewart Over the last half decade, few stocks ha..\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/as-facebook-loses-luster-tech-stocks-await-fallout\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.bnreport.com\\\/en\\\/as-facebook-loses-luster-tech-stocks-await-fallout\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/as-facebook-loses-luster-tech-stocks-await-fallout\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2018\\\/03\\\/facebook1-reuters.jpg\",\"contentUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2018\\\/03\\\/facebook1-reuters.jpg\",\"width\":672,\"height\":504},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/as-facebook-loses-luster-tech-stocks-await-fallout\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"\u0627\u0644\u0631\u0626\u064a\u0633\u064a\u0629\",\"item\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"As Facebook loses luster, tech stocks await fallout\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/\",\"name\":\"Business News Report\",\"description\":\"Latest News on the World of Politics & Business\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#organization\",\"name\":\"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/LOGO2.png\",\"contentUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/LOGO2.png\",\"width\":200,\"height\":50,\"caption\":\"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/Business-NewsReport-328225811095934\\\/\",\"https:\\\/\\\/x.com\\\/BNReport\",\"https:\\\/\\\/www.instagram.com\\\/business.newsreport\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/person\\\/19d1c5a2dd7f60584a09de4a7805d68f\",\"name\":\"infopal11\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/author\\\/infopal11\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"As Facebook loses luster, tech stocks await fallout - Business News Report","description":"By James B Stewart Over the last half decade, few stocks ha..","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.bnreport.com\/en\/as-facebook-loses-luster-tech-stocks-await-fallout\/","og_locale":"en_US","og_type":"article","og_title":"As Facebook loses luster, tech stocks await fallout - Business News Report","og_description":"By James B Stewart Over the last half decade, few stocks ha..","og_url":"https:\/\/www.bnreport.com\/en\/as-facebook-loses-luster-tech-stocks-await-fallout\/","og_site_name":"Business News Report","article_publisher":"https:\/\/www.facebook.com\/Business-NewsReport-328225811095934\/","article_published_time":"2018-03-30T16:50:31+00:00","og_image":[{"width":672,"height":504,"url":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2018\/03\/facebook1-reuters.jpg","type":"image\/jpeg"}],"author":"infopal11","twitter_card":"summary_large_image","twitter_creator":"@BNReport","twitter_site":"@BNReport","twitter_misc":{"Written by":"infopal11","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.bnreport.com\/en\/as-facebook-loses-luster-tech-stocks-await-fallout\/#article","isPartOf":{"@id":"https:\/\/www.bnreport.com\/en\/as-facebook-loses-luster-tech-stocks-await-fallout\/"},"author":{"name":"infopal11","@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/person\/19d1c5a2dd7f60584a09de4a7805d68f"},"headline":"As Facebook loses luster, tech stocks await fallout","datePublished":"2018-03-30T16:50:31+00:00","mainEntityOfPage":{"@id":"https:\/\/www.bnreport.com\/en\/as-facebook-loses-luster-tech-stocks-await-fallout\/"},"wordCount":1245,"commentCount":0,"publisher":{"@id":"https:\/\/www.bnreport.com\/en\/#organization"},"image":{"@id":"https:\/\/www.bnreport.com\/en\/as-facebook-loses-luster-tech-stocks-await-fallout\/#primaryimage"},"thumbnailUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2018\/03\/facebook1-reuters.jpg","articleSection":["Finance"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.bnreport.com\/en\/as-facebook-loses-luster-tech-stocks-await-fallout\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.bnreport.com\/en\/as-facebook-loses-luster-tech-stocks-await-fallout\/","url":"https:\/\/www.bnreport.com\/en\/as-facebook-loses-luster-tech-stocks-await-fallout\/","name":"As Facebook loses luster, tech stocks await fallout - Business News Report","isPartOf":{"@id":"https:\/\/www.bnreport.com\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.bnreport.com\/en\/as-facebook-loses-luster-tech-stocks-await-fallout\/#primaryimage"},"image":{"@id":"https:\/\/www.bnreport.com\/en\/as-facebook-loses-luster-tech-stocks-await-fallout\/#primaryimage"},"thumbnailUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2018\/03\/facebook1-reuters.jpg","datePublished":"2018-03-30T16:50:31+00:00","description":"By James B Stewart Over the last half decade, few stocks ha..","breadcrumb":{"@id":"https:\/\/www.bnreport.com\/en\/as-facebook-loses-luster-tech-stocks-await-fallout\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.bnreport.com\/en\/as-facebook-loses-luster-tech-stocks-await-fallout\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.bnreport.com\/en\/as-facebook-loses-luster-tech-stocks-await-fallout\/#primaryimage","url":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2018\/03\/facebook1-reuters.jpg","contentUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2018\/03\/facebook1-reuters.jpg","width":672,"height":504},{"@type":"BreadcrumbList","@id":"https:\/\/www.bnreport.com\/en\/as-facebook-loses-luster-tech-stocks-await-fallout\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"\u0627\u0644\u0631\u0626\u064a\u0633\u064a\u0629","item":"https:\/\/www.bnreport.com\/en\/"},{"@type":"ListItem","position":2,"name":"As Facebook loses luster, tech stocks await fallout"}]},{"@type":"WebSite","@id":"https:\/\/www.bnreport.com\/en\/#website","url":"https:\/\/www.bnreport.com\/en\/","name":"Business News Report","description":"Latest News on the World of Politics & Business","publisher":{"@id":"https:\/\/www.bnreport.com\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.bnreport.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.bnreport.com\/en\/#organization","name":"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a","url":"https:\/\/www.bnreport.com\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/logo\/image\/","url":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2020\/12\/LOGO2.png","contentUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2020\/12\/LOGO2.png","width":200,"height":50,"caption":"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a"},"image":{"@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/Business-NewsReport-328225811095934\/","https:\/\/x.com\/BNReport","https:\/\/www.instagram.com\/business.newsreport"]},{"@type":"Person","@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/person\/19d1c5a2dd7f60584a09de4a7805d68f","name":"infopal11","url":"https:\/\/www.bnreport.com\/en\/author\/infopal11\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/posts\/70733","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/comments?post=70733"}],"version-history":[{"count":0,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/posts\/70733\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/media\/70734"}],"wp:attachment":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/media?parent=70733"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/categories?post=70733"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/tags?post=70733"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}