Facebook's Ads Can't Keep Up with Its Mobile Growth
The social network's latest earnings report shows why a lot of good is never enough for Facebook, especially when it comes to making money off you and your cellphone.
Advertisement
We have some good news for irritated Facebook phone users. In the coming weeks Facebook plans to add controls to let users hide all those pesky mobile ads if they so desire, a Facebook spokesperson told The Atlantic Wire this afternoon.
The social network's latest earnings report shows why a lot of good is never enough for Facebook, especially when it comes to making money off you and your cellphone.
Facebook's little stock-that-couldn't is on track for its biggest one-day gain ever and it has everything to do with yesterday's earnings report in which it reported a $59 million loss.
As more people do things on their phones the mobile advertising industry has started figuring out what works, and it sounds like it "sucks" as much as Steve Jobs thought it would.
Have a story we missed? A link we have to click? A sharp opinion about the news? Instead of waiting for us to post it, tell us on the Open Wire.
Submit your news and ideas | See all reader postsThe Atlantic Wire is your authoritative guide to the news and ideas that matter most right now. Our team tracks newsmakers and opinions across the entire media spectrum: newspapers, web sites, television, radio and magazines.
But we do more than just collect information. By synthesizing, analyzing and summarizing what’s out there, and adding new information when we can, we are a news engine that gives you a quick and valuable account of the issues of the day.
Have a hot tip? A story we missed? Tell us on the Open Wire
How to send us editorial or technical feedback
Get Five Best Columns in your inbox each morning (preview)
