Subscribe
Technology

Facebook Revenue Tops Estimates on Mobile, Video Ad Boom

(Bloomberg)
April 27, 2016 09:34 PM

Facebook on Wednesday reported quarterly revenue and profit that beat analysts' estimates on a boom in mobile advertising, boosted by newer ads on Instagram and video.

Featured Stories

Datacenter
US ad employment slumped in May for the sixth consecutive month

The U.S. ad business lost jobs in May for the sixth month in a row. The overall economy added 139,000 jobs, showing modest but relatively steady growth despite worries about tariffs, inflation and recession.

BJ
By:
Bradley Johnson
US ad employment slumped in May for the sixth consecutive month
Retail
Why Walmart is trying to change its perception, even as sales climb
JN
By:
Jack Neff
Why Walmart is trying to change its perception, even as sales climb
Cannes Lions
AI becomes a Cannes co-pilot for agencies
BB
By:
Brian Bonilla
AI becomes a Cannes co-pilot for agencies
Agency Brief
Agency Brief: Dentsu X, Horizon Media, The Community and more
EL
By:
Ewan Larkin
Agency Brief: Dentsu X, Horizon Media, The Community and more

Latest News

US companies delay impact reports with DEI and ESG under attack
OpenAI names interim head of marketing as CMO reveals cancer diagnosis
Salesforce wraps agency review
Marketing winners and losers of the week
Staying current is easy with newsletters delivered straight to your inbox.

See More in Technology

Influential ad archive AdLand gets new lease on life through acquisition by Marketecture
Why podcasts are playing a bigger role in brands’ creator strategies
TikTok gets more aggressive with advertisers amid ban uncertainty
IAB PlayFronts 2025—5 takeaways for brands
Staying current is easy with newsletters delivered straight to your inbox.