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?
Just after Facebook hit 500 million users last month, some analysts increased their 2010 forecasts for spending on social media advertising. U.S. advertising is expected to increase 20% over last year to $1.68 billion, up from Decem... 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