Facebook smashes analyst targets but executive comments spook Street

Facebook Inc posted strong growth in its mobile advertising business on Wednesday but rattled investors after saying that it did not plan to boost the frequency of ads shown to users. Shares of the......

Facebook's mobile ad revenue doubles in Q4

Facebook Inc doubled its mobile advertising revenue in the fourth quarter, a sign that the No.1 social network is seeing early success in expanding onto handheld devices as more of its users......

Zuckerberg barred from working on Facebook rival

Facebook founder and CEO Mark Zuckerberg, along with his three top leutinants, will get about USD 2 million in just salaries and bonuses, but cannot work on creating a rival to the social......

Facebook's IPO by Apr-Jun 2012

Facebook is looking to go public between April and June next year, with the Mark Zuckerberg led social networking site's much-awaited initial public offer expected to peg the value of the company......