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Facebook soars to new heights on upbeat earnings

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.

dateNov 05, 2015 in Business
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Facebook's advertising revenue soars in 3Q

Facebook grew its advertising revenue by 64 percent in the third quarter, helped by a boost in mobile ads that are becoming an increasingly large chunk of the social networking giant's overall advertising business.

dateOct 28, 2014 in Business
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EMarketer sees 2014 mobile ad spending at $31.5B

Worldwide spending on mobile advertising is expected to reach $31.5 billion this year, a 75 percent increase from 2013 thanks largely to Facebook and Google, according to a new report by research firm eMarketer.

dateMar 19, 2014 in Business
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