Facebook reported first quarter earnings after the close today. Earnings beat expectations coming in at $0.34 cents a share. The company now has 802 million daily users with 609 million of those being mobile. The company was trading down on Wednesday but is up in after hours. 61.36 -1.67 (-2.65%) After Hours: 63.69 +2.33 (3.80%) Apr 23, 6:46PM EDT Tech Crunch covered the release … [Read more...]
Facebook to Launch Mobile Ad Network
Mike Isaac wrote on Recode that Facebook will be launching their own mobile ad network. Lots of people have wanted Facebook to build an ad network for a long time. Here it comes. Facebook will take the wraps off its plans for a mobile ad network at its “F8″ developer conference in San Francisco at the end of the month, according to multiple sources familiar with the matter. Facebook will … [Read more...]
Facebook Getting into the e-Money Business in Europe
Victoria Wagner Ross wrote a piece on Examiner.com about Facebook getting into the money transfer business. One analyst stated that they see this as a potential boost to Bitcoin and crpyto currency in general down the line. Facebook is advancing its reach to provide a money transfer service in Europe from a base in Ireland. The Guardian announced on Monday that Facebook was seeking the e-money … [Read more...]
Facebook Launches Video Ads
Today Facebook rolled out video ads, these ads will be autoplay ads which I am sure will quickly have some ranting and raving to do away with it. With the sheer size of Facebook this could turn out to be a huge number of video ads playing on a monthly basis. ReelSEO wrote, O frabjous day! Callooh! Callay! The Jabberwock is, er, Facebook video ads are here! Our news feeds will now be inundated … [Read more...]
Why Would A Guy Making Millions in Just 8 Months Want to Sell ?
Business Insider did not one but two articles on Scott DeLong and his ViralNova.com. ViralNova makes it bacon with click bait. DeLong started a site that in just 8 months gets 100 million visitors. From the article: Most people dream of getting rich instantly. That's why the lottery is so popular. One man, Scott DeLong, found a way to do it. Eight months ago, he founded ViralNova.com. It's … [Read more...]