Facebook Beats on Earnings, Raises Outlook
The company is now expecting revenue growth to slow by a “mid-to-high single-digit percentage” in the fourth quarter after a 33.5% gain in Q3.
Facebook Shares Dive on Revenue Weakness
“We expect our revenue growth rates to decline by high-single-digit percentages from prior quarters sequentially in both Q3 and Q4,” CFO David Wehner says.
Why Company Culture Is Overrated
At most organizations, culture is over-hyped, under-managed, and of little tangible value.
U.K. Planning Revenue Tax on Digital Firms
The switch from a tax on profits would expose the huge U.K. sales of global internet companies to tax authorities.
Facebook Posts Record Sales of $12.9B in Q4
While changes to Facebook's news feed have reduced usage of the network, higher ad prices offset any loss in revenue.
Facebook Scraps Share Reclassification Plan
The plan would have enabled CEO Mark Zuckerberg to maintain control of the company but ran into a shareholder class-action lawsuit.
Using cost discipline, astute capital investments, and operational know-how, these 20 CFOs aim to guide their companies to a growth-filled future.
Twitter Shares Dive on Static Monthly Usage
The social media site added no monthly users in Q2, dashing the hopes of investors after a growth surge earlier in the year.
Twitter Names Wall Street Vet Ned Segal as CEO
“Key question: Can Segal help Twitter tell a more convincing story to investors?”
Twitter Beats Estimates But Revenue Drops 8%
"There is still work to be done to translate [user growth] into revenue growth,” Twitter tells shareholders.
Snap Shares Soar 44% on First Day of Trading
Some analysts are skeptical about Snapchat's parent, pointing to its “aggressive competition” and a “core user base that is not growing by much."