Facebook Inc (NASDAQ FB) CEO Mark Zuckerberg stated that he will continue to spend profusely on new technologies in the future, and also explained how this quarter’s numbers was impacted by mega-deals such as the WhatsApp acquisition. Facebook is asking analysts and investors to take a long-term perspective. Revenue for Facebook (NASDAQ FB) increased 59%…
Facebook Inc (NASDAQ FB) is receiving an increasing chunk of brand marketing, especially when it comes to posting and playing videos, says a report from Ad Week. Brands such as Budweiser and McDonald’s and celebrities such as Beyonce are now posting videos directly to the social network instead of just posting YouTube links. YouTube was…
According to documents filed with Companies House on Tuesday October 21, Facebook’s UK corporation tax bill came to a grand total of $4,005 in 2013. To give that statement even greater resonance, the income tax paid by a London school teacher is equal to over $4,430. Not only was the company’s corporation tax bill pitifully…
Facebook Inc (NASDAQ FB) CEO Mark Zuckerberg did a Q&A session in Mandarin Chinese, a very difficult language that he learned back in 2010 in his spare time. After the event, Zuckerberg posted on Facebook that he did his first ever public Q&A in Chinese Mandarin at Tsinghua University in Beijing. Throughout the conversation, Zuckerberg…
Facebook Inc (NASDAQ FB) shares closed Thursday at an all-time high of $80.04. It gives the company a valuation of over $208 billion. Facebook’s previous record high was $79.04 on September 30. The stock has rallied close to 49% this year so far. The company has impressed investors with its successful transition into mobile advertising….
Facebook Inc (NASDAQ FB) is mad at the United States Drug Enforcement Administration for creating fake accounts to catch drug offenders. The social media giant sent a formal complaint to the DEA. Facebook recently sent a letter to the DEA asking them to stop impersonating users. The letter comes from Joe Sullivan (Facebook’s security chief…
