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Facebook's profit tops $2.5bn as mobile bet pays off

The Australian - ‎6 hours ago‎
Revenue generated from mobile ads jumped 80 per cent in the second quarter, faster than Facebook's overall 59 per cent advertising growth rate.
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You'll be able to watch Olympics highlights on Facebook, Instagram and Twitter

Recode - ‎2 hours ago‎
As part of the deal, NBC says it will publish up to 20 Olympics highlights per day on Facebook and Facebook-owned Instagram, plus a two-minute daily recap show, complete with highlights, that will be exclusive to Facebook. It will also use Facebook and ...
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Why small businesses are crucial to Facebook's future

CNBC - ‎3 hours ago‎
Facebook's second-quarter earnings beat expectations across the board, accelerating growth of its daily active users, and making far more money than expected from each of them.
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Facebook says it's running out of places in News Feed to show people ads

Recode - ‎19 hours ago‎
Translation: Facebook is about to max out on the number of ads it can show users inside its flagship product, which means it will need to find other ways to grow the company's ad business moving forward.

Citron's Andrew Left says Facebook could lose nearly one-third of its value

The Sydney Morning Herald - ‎20 hours ago‎
Andrew Left, the Citron Research short-seller who shot to prominence following a bearish analysis of Valeant Pharmaceuticals, said Facebook could lose nearly a third of its market value or more as he bets against the social media giant's shares.

How to remove all old posts from your Facebook Timeline

The Next Web - ‎10 hours ago‎
Facebook is notoriously bad for reminding you of the things you've posted in the past. If you're like me, you probably have quite a few posts lurking in the dark history of your Timeline that you completely forgot about.
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Facebook is about to pass Buffett's Berkshire Hathaway in market cap

MarketWatch - ‎1 hour ago‎
Facebook added about $10 billion to its market cap Thursday before retreating from its best levels, touching a valuation of about $362 billion after the social network late Wednesday reported stellar second-quarter earnings underpinned by its growing ...

Facebook is making more money than anyone expected but Twitter is in trouble

ABC Online - ‎19 hours ago‎
Earnings reports for both Twitter and Facebook have told vastly different stories for the two companies, and point to what users can expect to see more of in the future.

One of Facebook's biggest threats won't be disappearing anytime soon

Business Insider - ‎4 hours ago‎
It posted 59% revenue growth, a 63% growth in ad revenue and 180% growth in earnings per share compared to last year. But, despite that growth, a big measure of engagment for Facebook was actually down last quarter. The ratio of daily active users to ...
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Brazil Freezes Facebook Funds in Latest Clash Over WhatsApp Messages

Wall Street Journal - ‎5 hours ago‎
RIO DE JANEIRO—Brazilian federal prosecutors have frozen 38 million reais (about $11.6 million) of Facebook Inc. funds, prosecutors said late Wednesday, in the latest dispute over access to WhatsApp messages.

Why investors should be thrilled about Facebook's Newsfeed change

Yahoo Finance - ‎2 hours ago‎
The panic among publishers is palpable. Facebook (FB) is tweaking its Newsfeed algorithm again - elevating posts from friends and family at the expense of all else and it is working.
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Analysts: That speeding train is Facebook so get out of the way

MarketWatch - ‎7 hours ago‎
Facebook has a virtually insurmountable competitive advantage with over 1.7 billion monthly active users and over 1.1 billion daily active users, and has succeeded in convincing 3 million advertisers that its captive audience will yield returns on ...

Two Reasons Facebook Is Still A Screaming Buy

Forbes - ‎7 hours ago‎
Before getting into the reasons, let's look at how Facebook blew away expectations with its latest earnings report. Facebook sales rose 59% to $6.44 billion - 7% above expectations according to S&P Global Market Intelligence; profit for the second ...

Why Twitter and Facebook Couldn't Be More Different

Fortune - ‎7 hours ago‎
Facebook and Twitter's quarterly financial results were only separated by a day, but they might as well have been light years apart.
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Facebook's new video feature will help you relive the best parts of your birthday

Mashable - ‎5 hours ago‎
Facebook has become a big part of how people celebrate birthdays over the years (think of how many you would have forgotten if not for the social network), and the company says its users post more than 100 million birthday messages each day.
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Facebook to force Messenger in all markets

Sky News Australia - ‎19 hours ago‎
Two years ago, the social-media giant forced its users to adopt its Messenger app for direct communication, a change it enforced by deactivating messages in the main Facebook app and steering users to the app. There was an uproar. Some users thought ...
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Stocks Flat As Facebook Flies And Ford Falls

Forbes - ‎6 hours ago‎
Among the early movers, Facebook FB -2.30% jumped 3.4% after the social media giant doubled net profit to $2 billion in the latest quarter, largely driven by an 81% rise in mobile ad revenue.

The Morning Download: Facebook Search Strategy Is Working, Too

Wall Street Journal (blog) - ‎7 hours ago‎
Good morning. Facebook Inc.'s strong profit and growth in the latest quarter reflects the success of its shift to mobile during the last few years.

Facebook's dominance in journalism could be bad news for us all

The Guardian - ‎11 hours ago‎
Chief among the social media companies Viner references is Facebook. Come September, it will be 10 years since the Mark Zuckerberg-founded platform opened itself up beyond college campuses.

Facebook has disproved one of the laws of business over the last year

Business Insider Australia - ‎21 hours ago‎
Facebook was able to do this in part thanks to a historic (and rare) platform shift - in this case, from desktop internet usage to mobile usage.