Facebook Shares Hit New Lows as Mobile, Growth Concerns Linger
Wall Street Journal
Facebook Inc. shares on Friday traded at their lowest levels ever as the company continues its struggle to convince investors that it can leverage its immense popularity, especially on mobiledevices, into revenue and profits. In its first quarterly report, ...
See all stories on this topic »Facebook shares down on lack of financial outlook
Reuters
(Reuters) - Facebook Inc shares were down nearly 16 percent in pre-market trading on Friday after the company's lack of a financial forecast reinforced concerns about its mobile strategy, which will result in rapid cash burn in the near term. The social network ...
See all stories on this topic »Facebook Ad Revenue Slowdown-A Mobile Problem
MarketWatch (press release)
LONDON, UNITED KINGDOM, Jul 27, 2012 (MARKETWIRE via COMTEX) -- With Facebook's inaugural results perceived as being underwhelming, and Facebook looking to mobile to grow revenues, the challenge of how it monetises people's usage of its ...
See all stories on this topic »Facebook stock plunges to all-time low
CNN
NEW YORK (CNNMoney) -- Facebook's stock opened at an all-time low, after its first earnings report failed to ease worries over slowing sales growth and its plan for mobile advertising. Shares of Facebook (FB) tumbled nearly 15% to below $23 on Friday, ...
See all stories on this topic »Who Cheated Whom? Apple v. Samsung Patent Showdown Explained
Wired News
Did Apple rip off Samsung's intellectual property to create the iPhone, or did Samsung pilfer Apple's patents when it took on the iPad and iPhone with a slew of mobile devices and tablets? Those are the burning questions at issue in the biggest trial so far in ...
See all stories on this topic »Vague forecast slams Facebook shares
Chicago Tribune
Facebook Inc. shares fell 15 percent, to $22.82, at the open Friday after the company's lack of a financial forecast reinforced concerns about its mobile strategy, which will result in rapid cash burn in the near term. The social network, which reported its first ...
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| UK mobile networks brace for the Olympics: 'Like three Royal Weddings a day' ZDNet One of the problems with planning for the expected increase in mobile traffic during the Games is that the demand will come from a range of sources, according to Newstead. For example, people inside the Olympic Park will want to get specific information on ... See all stories on this topic » |  ZDNet |
MarketWatch
SAN FRANCISCO (MarketWatch) — Facebook Inc. Chief Executive Mark Zuckerberg participated on the company's first earnings call as a public company, where much of the talk was around mobile, but as some investors had expected, the company did not ...
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| Facebook stock drops 14% in early trading USA TODAY Even though the number of people who use mobile devices and tablet computers to access Facebook had been growing fast, Facebook didn't start showing ads on itsmobile app until this spring. Facebook had 543 million active monthly mobile users at the ... See all stories on this topic » |  USA TODAY |
New York Times (blog)
The Great Divide Facebook's mobile users are much, much more active that those who access the site on standard computers. Mobile users are 20 percent more likely to use Facebook on any given day, said David Ebersman, the chief financial officer at ...
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