Facebook’s Mobile Surprise Allays Growth Fears

Another Good Article About Facebook Mobile Advertizing…

Facebook Inc grew mobile advertising revenue several times in the third quarter, a faster-than-expected pace that helped drive shares in the world’s No. 1 social network nearly 13 percent higher.

Facebook said on Tuesday that it now gets 14 percent of its advertising revenue from mobile ads, helping to reassure investors that the social network is beginning to figure out how to earn money off smartphone and tablet users.

Read More: Facebook’s Mobile Surprise

by Alexei Oreskovic/Reuters