Last Updated: Thursday, July 30, 2015, 08:51
The company had warned that 2015 would be a year of heavy investment, but analysts have said this is likely to translate into significant revenue streams in coming years.
Last Updated: Thursday, April 23, 2015, 06:57
Facebook Inc posted its slowest growth in quarterly revenue in two years and higher spending on research and development ate into profits.
Last Updated: Friday, January 3, 2014, 19:10
Meanwhile, a Facebook spokesperson said that the allegations are without merit and the company would defend itself vigorously, Cnet reports.
Last Updated: Sunday, July 28, 2013, 13:52
Social networking giant Facebook, whose user base is expanding primarily on the back of rising penetration in emerging markets like India and Brazil, will make capital investments worth USD 1.6 billion this year.
Last Updated: Thursday, May 2, 2013, 18:38
Facebook has said its net income and revenue grew in the first quarter of the year, helped by an increase in mobile ad revenue.
Last Updated: Thursday, October 25, 2012, 18:29
The firm’s shares surged 10 percent on the New York Stock Exchange (NYSE) because of increased revenues from mobile advertising.
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