[Reuters] Facebook mobile revenue grows faster than expected

Posted by: UGN Security

[Reuters] Facebook mobile revenue grows faster than expected - 10/23/12 03:43 PM

SAN FRANCISCO (Reuters) - Facebook Inc grew mobile advertising revenue several times in the third quarter, a faster-than expected pace that helped reassure investors that the world's No. 1 social network is beginning to figure out how to earn money off smartphone and tablet users.