Tuesday 3 May 2016

Zuckerberg tightens grip as Facebook profit soars


INTERNET SPACE
Zuckerberg tightens grip as Facebook profit soars San Francisco (AFP) April 28, 2016 - Facebook on Wednesday fielded a plan to tighten Mark Zuckerberg's grip on the helm as the booming social network reported stellar profit. Profit in the first quarter tripled from a year ago to $1.5 billion as revenue jumped to $5.4 billion from $3.5 billion in the same period a year earlier. "We had a great start to the year," said Facebook co-founder and chief executive Zuckerberg. ... more

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