When Facebook Chief Financial Officer David Ebersman admitted during the company’s third-quarter earnings call that the social network saw some slippage in daily usage by teens, the doomsday predictions began. Chief Operating Officer Sheryl Sandberg sought to squash those predictions in an interview with Mike Isaac of AllThingsD.
3Q EARNINGS CALL: How Is Facebook Responding To The Mobile Transition From An Advertising Standpoint?
Facebook said in its third-quarter earnings report Wednesday that its total advertising revenue for the period was $1.8 billion, up 66 percent when compared with the year-earlier quarter, and mobile accounted for 49 percent of that revenue. During the company’s earnings call Wednesday, Chief Operating Officer Sheryl Sandberg and Chief Financial Officer David Ebersman offered more specific details.
The recent preview of how ads will look on Instagram drew some attention during Facebook’s third-quarter earnings call Wednesday, as BTIG Analyst Richard Greenfield, who has been critical of the social network’s advertising efforts in the past, asked whether Instagram’s mission of ensuring that its ads are “creative and engaging” would carry over to its parent company.
The subject of Facebook’s long-rumored and perpetually delayed launch of video ads was raised during the social network’s third-quarter earnings call Wednesday, and the timetable remains up in the air.
Facebook Chief Operating Officer Sheryl Sandberg remained consistent in answering an often-asked question, saying at the Fortune Most Powerful Women Summit in Washington, D.C., Thursday that she has no intentions to run for political office.
Following Facebook Co-Founder and CEO Mark Zuckerberg’s trip to Washington, D.C., last month, it’s Chief Operating Officer Sheryl Sandberg’s turn to travel to our nation’s capital, as Politico reported that Sandberg will meet with Federal Trade Commission Member Maureen Ohlhausen Wednesday.
The cover of the Oct. 28 issue of Fortune features a look at “The Real Story” behind Facebook Chief Operating Officer Sheryl Sandberg, and in the magazine’s profile, Facebook board member Marc Andreessen discusses how “Sheryl” has become a job title.
The Grace Hopper Celebration of Women in Computing kicks off in Minneapolis Wednesday, and the keynote address, at 10 a.m. CT/11 a.m. ET, which features Facebook Chief Operating Officer Sheryl Sandberg, can be live-streamed below.
Facebook Stock Activity: Sheryl Sandberg, Colin Stretch, Marc Andreessen, Mark Zuckerberg, Mike Schroepfer
Facebook’s top executives kept the Securities and Exchange Commission busy Wednesday evening, as Form 4 filings detailing trading activity in the company’s stock were filed by Chief Operating Officer Sheryl Sandberg, Vice President and General Counsel Colin Stretch, Director Marc Andreessen, Co-Founder and CEO Mark Zuckerberg, and Chief Technology Officer Mike Schroepfer.