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Wednesday, Jan 30
Mentioned during Facebook's (FB) Q4 CC: Total expenses are expected to grow 50% in 2013 (likely...
Mentioned during Facebook's (FB) Q4 CC: Total expenses are expected to grow 50% in 2013 (likely exceeding revenue growth). 2013 capex budget is set at $1.8B, up from 2012's $1.6B. North American ad prices rose 18%, no doubt aided by Sponsored Stories. The FBX exchange is now handling 1B ad impressions/day. Mark Zuckerberg claims likes/comments rose 50% following a news feed algorithm change, and hints video ads are on the way. Zuck on Google: "Our relationship ... isn't one where the companies really talk." Shares -4.1% AH. (more) (live blog)