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Facebook Earnings: The Social Network Enters A New Era Of Slow Growth – Business Insider

Julie Bort Mark Zuckerberg Two seemingly contradictory things are happening at Facebook right now, we learned from the social network’s Q1 earnings call. The company is growing really fast — revenues were up 72%, and ad revenue was up 82%. But growth in key areas is slowing, or about to slow, dramatically. The desktop side of Facebook looks like it may have entered a terminal decline (forgive the pun). And the rate of ad revenue growth is about to decline precipitiously, CFO David Ebersman warned, due to tough comparable numbers from the year before. (Business Insider has been warning about this for a while.) The new “slow growth” era of Facebook will be compounded by the fact that both Read More

Facebook rides mobile ad sales to earnings of $885M – USA TODAY

The Facebook app will no longer include messaging.(Photo: Karen Bleier, AFP/Getty Images) SAN FRANCISCO — Facebook continued its magic carpet ride of mobile revenue on Wednesday with boffo results. The company reported first-quarter earnings of $885 million (34 cents per share) on revenue of $2.5 billion. Analysts expected a profit of 24 cents and $2.36 billion in revenue. A year ago, Facebook rang up a profit of 12 cents and revenue of $1.46 billion. What’s making a difference is mobile, where Facebook’s advertising business is in better shape than anyone would have imagined six months ago. Nearly 60% of the company’s ad sales come from mobile devices. When Facebook went public in May 2012, the figure was a rumor. More Read More

Facebook Passes 1B Mobile Users, 200M Messenger Users In Q1 – TechCrunch

Another mobile milestone for Facebook: the company reported in its Q1 earnings that it has now passed the 1 billion mark for monthly active users on phones and tablets. 1.01 billion to be exact. That is a sign of how mobile is approaching near-parity with desktop for Facebook: overall MAUs across both desktop and mobile totalled 1.28 billion. That’s without Instagram users or those on Facebook Messenger, which in themselves are each now at over 200 million monthly users (Instagram was announced a month ago), the company pointed out during its earnings call. Nor does it include WhatsApp users, nor what CEO Mark Zuckerberg referred to on the earnings call as “the third step” in its mobile strategy — a Read More

Facebook CFO David Ebersman Stepping Down Later This Year – TechCrunch

Facebook just announced that Chief Financial Officer David Ebersman will be stepping down, with David Wehner, the company’s vice president of corporate finance and business planning, succeeding Ebersman on June 1. The announcement of Ebersman’s departure came as part of Facebook’s first quarter earnings report. In the earnings release, CEO Mark Zuckerberg described him as “a great partner in building Facebook” and said he “set us up to operate efficiently and make the long term investments we need.” Ebersman joined Facebook from Genentech, where he was also CFO, about five years ago, taking the company through its IPO. (Wehner, meanwhile, joined Facebook from Zynga in 2012.) Ebersman will remain at Facebook until September, the company said. “This has been a Read More

Here’s Why Your Old High School Friends Are Unfriending You On Facebook – Huffington Post

If you’re on Facebook, you probably have at least one former high school classmate who seems to never stop overloading your News Feed with crazy political rants or unnecessarily personal life updates. Perhaps you’ve thought about unfriending this person, or even gone ahead and pulled the trigger. To those of you, we say: You are far from alone. In reality, it appears former high school friends are unfriended more than any other group on Facebook, according to a recent study by Christopher Sibona, a doctoral student at the University of Colorado Denver. For the study, Sibona separated Facebook friends into 15 distinct “types” — neighbors, church friends, friends of friends, etc. He then surveyed 1,077 people online to figure out Read More

Watch Dogs’ Digital Shadow Learns Your Facebook Secrets – Tom’s Guide

Credit: Ubisoft Entertainment Where do you live? Whom do you talk to? Who do you stalk, and who stalks you? The “Watch Dogs” know — or at least they want you to think they do. “Digital Shadow” is a website, and accompanying Facebook app, that analyzes your Facebook posts and pictures, then presents that information as part of a promotion for the upcoming video game “Watch Dogs.”  Set to be released May 27 on PlayStation 3 and 4, Xbox 360 and One, and PC for $59.99 (Wii U release date coming later), “Watch Dogs” is an action/adventure game in which players take the role of a rogue hacker who exploits the social networks, databases and surveillance equipment around him to Read More

Brad Marchand Responds To Twitter Critics – CBS Local

BOSTON (CBS) — Brad Marchand has certainly taken a dive over the course of his career to draw a penalty. He’s even done it in the playoffs, notably against Washington in the Eastern Conference quarterfinals two years ago. Though the agitating left winger hasn’t committed any such egregious acts in the past two years (likely at the behest of Bruins president Cam Neely), that’s a reputation that doesn’t exactly disappear very quickly. That much was clear on Tuesday night, when Marchand and the Bruins were playing in Game 3 against the Detroit Red Wings. Marchand was the recipient of a leg-on-leg hit by Detroit defenseman Brendan Smith. Marchand flipped to the obvious and expressed obvious pain in his leg, and Read More

NYPD Twitter campaign backfires in a big way – CNN

(CNN) — It’s hard to imagine how the campaign could have gone more wrong from the perspective of police. The New York City Police Department on Tuesday asked folks on Twitter to post photos with its officers, using the hashtag #myNYPD. The response was swift — and overwhelmingly negative. Hijacking the hashtag, users posted photographs that allege to show police brutality or misconduct. “Free Massages from the #NYPD. What does YOUR Police Department offer?” tweeted @OccupyWallStNYC, which posted an image of officers holding a man, seemingly screaming, with his arms behind his back, on top of a car. “The #NYPD will also help you de-tangle your hair,” tweeted @MoreAndAgain, posting a photo of an officer pulling the hair of a Read More

This Is the Absolute Best Day to Post on Facebook – TIME

Jason Alden— Bloomberg/Getty Images Businesses on Facebook are being forced to reevaluate their social media marketing strategies as their posts continue to reach fewer and fewer users. For a brand that’s looking to ensure that its posts get the most engagement possible, new data shows that Friday is the day when users are most likely to Like, comment or share posts that come from brand Pages. Adobe tracked more than 226 billion post impressions by 300 brands on Facebook in the first quarter of 2014 for its Social Intelligence Report. Fridays earn about 15.7 percent of each week’s total posts impressions, with Thursday being the next most active day with a 14.5 percent share. Users also engage with brands more Read More

Central Florida teen charged with attempted murder in stabbing over Facebook … – WKMG Orlando

POINCIANA, Fla. – A 16-year-old Central Florida student was arrested on attempted murder charges after, according to deputies, he stabbed a classmate in an argument over a Facebook post. [RECOMMENDED:  Teacher beaten over bad grade? | Teen stowaway: Where was security?] The teen was arrested Monday on seven counts of aggravated battery, one count of aggravated assault with a weapon and one count of attempted murder. According to the Osceola County Sheriff’s Office, deputies were called around 6:45 p.m. Monday to the area of 131 Briarcliff Drive in Poinciana and found two juveniles fighting.  The teens attend Discovery Intermediate School, consisting of sixth through eighth grades, in Kissimmee, sheriff’s officials said. Witnesses told deputies that a 14-year-old was walking home Read More