Streams

Facebook Reports Surging Profits

Thursday, July 24, 2014

Facebook reported on Wednesday that its profit more than doubled and revenue topped estimates for the ninth straight quarter.

More than 60 percent of the social network’s ad revenue now comes from advertising on mobile devices, according to eMarketer, after earlier concerns that the site wouldn’t be able to do well on mobile devices.

Derek Thompson of The Atlantic joins Here & Now’s Meghna Chakrabarti to discuss what this could mean for the future, both of the company and of mobile marketing in general.

Guest

Copyright 2014 WBUR-FM. To see more, visit http://www.wbur.org.

Source: NPR

Tags:

Leave a Comment

Email addresses are required but never displayed.

Get the WNYC Morning Brief in your inbox.
We'll send you our top 5 stories every day, plus breaking news and weather.