Editor’s Note: Related tickers: Facebook Inc (NASDAQ:FB), Yahoo! Inc. (NASDAQ:YHOO)
Facebook Inc (NASDAQ:FB) booking Samsung for a partnership? (GDPInsider)
Mark Zuckerberg, Facebook Inc (NASDAQ:FB)’s CEO has discussed potential partnerships with Samsung Electronics Co., Ltd’s president, Sin Jong Kyun. The social networking giant is in efforts to improve its mobile advertising revenue and tie up with a mobile giant in order to achieve that? e-Marketer recently released a report that indicated that in 2012, Facebook Inc (NASDAQ:FB) had earned $47M in mobile advertising revenue and the projection is that it will rise by 333% to top $2B in the current year. Zuckerberg said that the company will continue investing in South Korea as the country is a critical market for FB. In his opinion, Facebook Inc (NASDAQ:FB) will promote cooperation and provide training opportunities with SME’s or small and medium-sized enterprises in Korea.
Sheryl Sandberg: Facebook Has Never Been Stronger Since Its IPO Last Year (BusinessInsider)
A year after Facebook Inc (NASDAQ:FB)’s fumbled IPO, Wall Street remains slow to recognise what Chief Operating Officer Sheryl Sandberg argues has been an across-the-board improvement in its business. Facebook Inc (NASDAQ:FB)’s ability to deliver ads to mobile phones, improvements in measuring the effectiveness of its ads and increasing user engagement have all put the world’s largest social network in a better position than before the IPO, Sandberg told the Reuters Global Technology Summit on Wednesday. …Facebook became the first U.S. technology company to debut with a value of more than $100 billion, in May 2012. Its shares have lost almost 40 per cent of their value since.
Are you on Facebook more than your kids? (MarketWatch)
The social network Facebook Inc (NASDAQ:FB) +0.41% has ramped up its products in recent months, from mimicking Twitter’s hashtags and struggling for relevance in mobile with Facebook Inc (NASDAQ:FB) Home to its anticipated launch Thursday of video sharing on Instagram. But are they too late? “Facebook Inc (NASDAQ:FB) acquired Instagram, Yahoo! Inc. (NASDAQ:YHOO) -1.58% is buying Tumblr and Twitter bought Vine,” said Ray Valdes, a Gartner Inc. analyst. “All the established, even somewhat stodgy social sites, are looking at where the action is, where the users are congregating.”
Facebook Plays Catch-Up With Twitter on Video (WSJ)
When Twitter Inc. acquired the video-sharing app Vine in October, it was largely viewed as a consolation prize after the company missed out on photo-sharing app Instagram, which was snapped up by rival Facebook Inc (NASDAQ:FB) +0.41% earlier last year. But now, Facebook is trying to catch up to Twitter. At an event on Thursday, Facebook Inc (NASDAQ:FB) is expected to unveil pieces of its own Vine-like video service, under development for months, that would allow users to create and share brief video clips, people familiar with the matter said. The latest contest between Twitter and Facebook shows just how hard it is for even these relatively nimble young companies to stay ahead of the curve.
Facebook reaches 1 million active advertisers (Reuters)
Facebook Inc (NASDAQ:FB) said on Tuesday it now has 1 million active advertisers globally who used the platform in the last 28 days, a milestone for the company that is seeking to revive its revenue growth. A vast majority of those advertisers are small business owners who have flocked to the world’s No. 1 social network. Facebook Inc (NASDAQ:FB) executives are hoping to net even more small advertisers since 16 million local businesses, ranging from jewelry sellers to clothing stores, set up free pages on the network.