Although Facebook’s overall revenue took a hit from the fourth quarter of the 2012 fiscal year, the company earned $1.25 billion in ad revenue in the first quarter of 2013 — 30 percent of which came from mobile ads. Total revenue hit $1.46 billion, a 38 percent increase from the first quarter of 2012.
Mediabistro Course Learn how to get your work in top publications with an associate editor at Travel + Leisure. In addition to writing and reporting exercises, we'll also show you the business side of getting published: where to pitch, how to query a publication, and how to work with editors so they'll want to work with you! Get $25 OFF with code BYEFEB. Register Now!
Facebook filed its first quarter lobbying reports with the U.S. Senate today and the numbers indicate that the social site is on pace for another record year, spending $650,000 so far in 2012.