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Facebook grows mobile to 62% of ad revenues

2014-07-24 08:33:00| Telecompaper Headlines

(Telecompaper) Facebook maintained its double-digit growth in the second quarter, growing revenues 61 percent year-on-year to USD 2.91 billion. The number of daily active users on the social network was up 19 percent to 829 million, and monthly users increased 31 percent to 1.07 billion. Facebook's strongest growth was in mobile, where the number of active daily users rose 39 percent to 654 million. Mobile accounted for 62 percent of its USD 2.68 billion in advertising revenue in the quarter, up from 41 percent in the year-earlier period. Net profit rose to USD 791 mllion or 30 cents a share, from USD 333 million or USD 0.13 per share in the second quarter of 2013. The company invested USD 469 million in the quarter, while generating free cash flow of USD 872 million. Facebook finished the quarter with total cash of USD 13.96 billion. 

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Dropbox for Business grows more security, IT admin muscles

2014-07-23 16:10:58| InfoWorld: Top News

Dropbox will continue beefing up the business version of its cloud storage and file sharing service, adding security features to shared links, full-text search capabilities and new tools for enterprise developers. For Dropbox content shared via links, it will now be possible for users to require a password for access to the content and set an expiration date for the link. This feature can be turned on by Dropbox admins now for their end users.

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U Mich poll finds support for carbon tax grows when revenue fuels renewable energy

2014-07-23 11:30:52| Green Car Congress

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Telenor lifts margin outlook as data usage grows

2014-07-23 02:00:00| Total Telecom industry news

Norwegian incumbent predicts improvement in full-year EBITDA margin, retains revenue guidance.

Tags: data usage outlook margin

 

As Russia's Isolation Grows, Oil Companies Caught in Middle

2014-07-22 22:51:13| Chemicals - Topix.net

The confrontation between Russia and the West took a turn for the worse with the downing of a Malaysian airliner on July 17, and that could spell trouble for several major oil companies operating in Russia.

Tags: companies middle oil caught

 

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