News for 'David Ebersman'

Facebook to boost spending to $2.5 billion this year

Facebook to boost spending to $2.5 billion this year

Rediff.com2 Feb 2014

Facebook expects to boost capital expenditure by as much as 80 per cent this year as the social networking giant expands infrastructure and support for initiatives to bring the next 5 billion people online.

Facebook smashes analyst targets but executive comments spook Street

Facebook smashes analyst targets but executive comments spook Street

Rediff.com31 Oct 2013

Shares of the world's No. 1 online social network soared as much as 15 per cent in extended trading before suddenly falling to $47.40, down 3 per cent from its $49.10 close.