Facebook’s 12 straight quarters of blockbuster growth and profits have made it a Wall Street darling. Investors traded Facebook shares up 33% in 2015, even as the company increased its costs to cover ambitious (and expensive) long term bets like virtual reality headset Oculus Rift, messaging app WhatsApp, and Facebook Messenger. Facebook’s early success with video ads and monetizing its photo sharing subsidiary Instagram have shown the company’s ambitious long term projects won’t hurt revenue growth in the short term.
News about Facebook
Beware of the third-party app.
The proposal taxes revenues rather than profits.
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He will address employees at an all-hands meeting Friday, and may speak out before then.
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Your newsfeed will look a little different.
They all testified in front of Congress.
And how they’ll handle “fake news.”