Begin typing your search...
Facebook posts huge first quarter profit
Facebook’s quarterly revenue rose more than 50 percent, as its wildly popular mobile app and a push into live video lured new advertisers and encouraged existing ones to boost spending.
By
migrator
migrator
San Francisco
Facebook also announced it will create a new class of non-voting shares in a move aimed at letting Chief Executive Officer Mark Zuckerberg give away his wealth without relinquishing control of the social media juggernaut he founded.
The company plans to create a new class of non-voting shares, which would be given as a dividend to existing shareholders. Some 1.65 billion people used Facebook monthly as of March 31.
Visit news.dtnext.in to explore our interactive epaper!
Download the DT Next app for more exciting features!
Click here for iOS
Click here for Android
Next Story
