Facebook Revenue Smashes Expectations as Mobile Ad Sales Surge by REUTERS


By REUTERS

Facebook Inc’s quarterly revenue rose more than 50 percent, handily beating Wall Street expectations as its wildly popular mobile app and a push into live video lured new advertisers and encouraged existing ones to boost spending.

Published: April 27, 2016 at 12:11PM

from NYT Business Day http://ift.tt/1qUXo7X

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