Facebook’s mobile ad push takes toll on profit – Los Angeles Times
 San Francisco Chronicle |
Facebook's mobile ad push takes toll on profit
Los Angeles Times SAN FRANCISCO — The good news for investors: Facebook Inc. is quickly figuring out how to make money from ads on mobile devices. The bad news: It hasn't come cheap. Advertising on mobile devices accounted for about 23%, or $ 306 million, of ad … Facebook moving fast on mobile, and spending tons on everything Facebook's Solid Results Are Greeted Cautiously Facebook Is a 'Mobile Company,' But Is That a Good Business? |
