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Latest in Tag: social network

Facebook’s profits slip amid spending spree

The world’s biggest social network saw its second-quarter profits fall as it shelled out billions of dollars to develop its “family” of applications. The heavy investments are aimed at boosting future growth. Facebook, already the world’s largest social network, has a voracious appetite for growth, but satiating it can be costly. In the second quarter …

Deutsche Welle

Facebook at half-price: which way now?

Washington (AFP) — If you bought Facebook shares in the May IPO and held onto them, by Monday morning you would have lost more than half your investment, and not see any encouraging signs of making your money back. Three months after the largest tech share issue ever on US markets, Facebook fell to a …

Daily News Egypt

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