Facebook said Wednesday surging mobile advertising lifted its profits and revenues as the world's biggest social network grew to over 1.5 billion people.
The empire has not yet figured out how to strike back. The major legacy television companies are struggling to find the formula to stem the loss of customers to Internet rivals like Netflix, Amazon and others.
Facebook shares rocketed to an all-time high Thursday as investors welcomed solid earnings for the social networking giant, which has seen big gains in advertising and better connections in mobile and video.
Blurred boundaries between advertising and public relations professions due to new roles in social media raise the question of whether educators can adequately prepare their students for a career in those growing fields, ...