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He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead

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He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead

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The rise of 'conspicuous waiting': The 19th-century economic theory that explains why Gen Z posts their place in line

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Costco's $14 million email settlement: Who qualifies for an up-to $500 payment and how to claim before the Aug. 24 deadline
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Facebook Is Expanding Its Ads Beyond Its Users

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May 27, 2016, 8:10 AM ET
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Facebook says its customers’ ads will now be visible on third-party apps and websites to everyone who has ever visited its website, and not just to users logged into its social networking service.

However, people can opt out of seeing ads on apps and websites not offered by Facebook (FB), based on their ad preferences, the company said late Thursday.

Facebook, like other online ad service providers, uses cookies to collect data on users’ browsing habits to show them relevant ads.

The company, which has more than 1.6 billion users, offers online advertising services under its “Audience Network” business.

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In the first quarter, Facebook generated more than 80% of its $5.2 billion ad revenue from mobile ads.

The company has been rolling out new features to ramp up mobile advertising and to encourage customers to experiment with video advertising.

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