With close to a billion active users, Facebook is already the world's largest social network, and it is already generating billions from advertising directed at those users. So the bottom line for investors and analysts is, Can this company really get any bigger?
Citigroup raised the valuation of Instagram this morning from $19 billion to $35 billion. The photo-sharing network recently announced it had surpassed 300 million active users, and has taken steps toward cleaning up spam accounts, ... Read Post
Facebook is fighting to restore the luster it lost after a botched Nasdaq IPO and the world’s largest social network moved closer to realize that rebound on Thursday after posting Q2 revenues of $1.18 billion. Facebook beat analyst ... Read Post