Facebook continued to be the primary social network used which accounted for its US$1.81 billion earnings from April to June.
Tags: Mark Zuckerberg
Zuckerberg will monetize Instagram too
Mark Zuckerberg, co-founder and CEO of Facebook said that he plans to earn from Instagram through advertisements.
Facebook can triple its profits with just one move
Analysts stated that Facebook could earn three times more than its reported second quarter income by allowing users to pay for an ad-free experience.
Zuckerberg proves ads don't detract user experience
The founder and CEO of Facebook said that ads would not make the user experience any less even if the company allot more space for ads.
Zuckerberg becomes richer as Facebook stocks soar
Facebook's CEO Mark Zuckerberg increased his net worth after the company's stocks jumped yesterday.
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Facebook shares rose as the company continues to see strong mobile ads earnings. Facebook posted strong stock results Wednesday. The internet giant's shares rose 19%.
Facebook Inc's revenue increase with the upsurge of users and advertisements. Facebook Inc announced a 76% improvement in mobile advertising revenue in their second quarter report, igniting a 20% share rally for the world's largest social network.
Facebook CEO Mark Zuckerberg faces a lot of questions during first shareholder meeting regarding slumping stock prices after the company's IPO last May.
As Facebook raised the expected range of the stock to $34-$38 per share, up from previous range $28-$35, those early investors are looking to cash out more shares.
