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Facebook Announces Third Quarter Results

Facebook Announces Third Quarter Results

Facebook, Inc. (NASDAQ: FB) reported financial results for the third quarter 2018.  Daily active users were 1.49 billion, a 9% increase year over year.  Mobile advertising revenue which represented 92% of advertising revenue this quar..

Facebook Losing Younger Users at a Faster Rate than Previous Forecast

Facebook Losing Younger Users at a Faster Rate than Previous Forecast

Facebook (NASDAQ: FB) is on track to lose its younger users at a faster rate than the previous forecast. The social media giant is expected to lose nearly two million users under the age of 24 this year alone as more begin to shift to other platform..