Facebook is betting big on the future and plans to lose money in the process

Macworld
Oct 29, 2014, 1:52 pm476 pts
Another quarterly earnings report, another slam dunk for Facebook. The company made $3.2 billion in the third quarter, up 59 percent year-over-year, and grew to 1.35 billion monthly active users. More than 700 million people check Facebook on their phones every single day. These are impressive numbers. But…

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