1 billion is the magic number for Facebook co-founder and CEO Mark Zuckerberg, who was not referring to dollars (directly, anyway), but to user totals for when Messenger, WhatsApp, Instagram and search will “start to become meaningful businesses,” he said during the social network’s third-quarter earnings call Tuesday.
Facebook co-founder and CEO Mark Zuckerberg said during the company’s third-quarter earnings call Tuesday that he does not see virtual-reality offerings from recent acquisition Oculus VR reaching sales of 50 million to 100 million units and becoming a meaningful computing platform for several years, although he added that he was pleased with its progress.
Facebook co-founder and CEO Mark Zuckerberg said during the company’s third-quarter earnings call Tuesday that he envisions Facebook as a collaborator and not a competitor when it comes to electronic payments.
What are Facebook co-founder and CEO Mark Zuckerberg’s plans for the company over the next three, five and 10 years? He went into great detail on those plans during the social network’s third-quarter earnings call Tuesday.
Facebook revealed during its third-quarter earnings call Tuesday that $2.96 billion of its $3.2 billion in revenue for the three-month period came from advertising, so it’s no surprise that the bulk of the call was devoted to advertising, as well. Chief operating officer Sheryl Sandberg had much to say on the topic, and all her comments are included in this post.
The Internet.org application that debuted in Zambia in July is now available in a second nation in Africa, as Tigo and Internet.org announced the availability of the app to the telecommunications carrier’s subscribers in Tanzania.
With the holiday shopping season already upon us (notice how quickly Halloween decorations magically morph into Christmas décor these days?), we’re all surfing online and/or standing in line. And social media remains a major consumer resource. The good news is that Facebook is more popular than YouTube or Pinterest when it comes to holiday shopping preferences. The bad news that if you’re “old” (think baby boomer), you’re probably not using either, anyway.
Facebook chief operating officer Sheryl Sandberg reported in a Form 4 filing Tuesday with the Securities and Exchange Commission that the Sandberg-Goldberg Family Trust received 333 shares of Facebook class-A common stock as part of a pro rata distribution by Technology Crossover Ventures to its limited partners.
As a result of the official closing of Facebook’s acquisition of cross-platform messaging application WhatsApp, the first clear picture of WhatsApp’s financial results emerged in the form of a Form 8-K/A filed with the Securities and Exchange Commission by its new parent company Tuesday, and the picture wasn’t a pretty one when it came to net loss.