Tag: Facebook

Wall St. up as Yellen revives rate hike hopes

Wed Feb 10, 2016/Reuters By Abhiram Nandakumar U.S. stocks gained on Wednesday after Federal Reserve Chair Janet Yellen said conditions in the United States would allow for “gradual” rate hikes, and as technology stocks rebounded. However, Yellen acknowledged that the weakness in the global economy could knock the U.S. economy […]

Facebook Turns 10: The Mark Zuckerberg Interview

By Brad Stone and Sarah Frier January 30, 2014 Mark Zuckerberg doesn’t usually observe sentimental anniversaries. This year he’s confronted by three of them. On Feb. 4, Facebook (FB), the company he co-founded in a Harvard University dorm, turns 10 years old. The prodigy himself turns 30 in May. It’s […]

Facebook Fourth Quarter Revenue Up 63%

Facebook has announced that its fourth quarter revenue in 2013 jumped 63% thanks to a boost in mobile advertising sales. The California-based social networking company earned $523m (£316m), between October and December last year. That is up $64m (£39m) from the previous year. Shares were up 7% at $57.36 (£34.64) […]