Facebook beat Wall Street estimates by posting revenues of $1.26bn and a net loss of $59m, with a clear emphasis on its mobile business in CEO Mark Zuckerberg‘s statements. “As proud as I am that a billion people use Facebook each month, I’m also really happy that over 600 million people now share and connect on Facebook every month using mobile devices,” he said in a statement. Some specifics: 14% of Facebook’s advertising revenues in Q3 came from mobile, meaning around $150m. Read more

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