Monthly archive for February 2017

Facebook ad revenue rockets 57% to $26bn

Facebook ad revenue rockets 57% to $26bn

Facebook reported a net income of $10.2bn (£8bn) in 2016, up from $3.7bn in 2015 on the back of exceedingly strong advertising revenue performance. The internet giant’s ad revenue for 2016 totalled $26bn, a 57% increase from $17bn in 2015, it disclosed during its earnings report for

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