Facebook announced that it would acquire Mobile Technologies, a company focused in developing voice translation software.
The social media giant was the showcase for a murder and money.
Analyst Aaron Kessler said internet stocks' gains would continue because investors were more confident in new business models like mobile and community advertising.
Investors examined Facebook's price to earnings ratio and found that US$38 each share was overvalued.
Fusion-io posted a large quarterly loss due to advertising costs and expenditures associated with the absorption of NexGen Storage's workers.
Facebook paid US$1 million to security researchers for the last two years.
Facebook hired Gary Briggs from Google's Motorola Mobility as its first ever marketing chief.
Facebook believed that advertisement price US$2.5 million per day was reasonable considering the potential of 1 billion users watching the 15-second long video ad.
The stocks of LinkedIn surged up to 10% today even with trailing revenue projections.
Facebook would launch a 15-minute ad video that would cost US$2.5 million per day for advertisers.
Facebook sent engineers to research on the social media market of India.
According to analysts, the feature phone boosted Facebook's attempt to penetrate the mobile market.
Facebook's shares reached record highs due to mobile ad revenue.
Media reports of Facebook becoming "uncool" for teens was not true.
After the end of Facebook and Zynga's agreement, the web network said that they will publish their own games on the social platform.
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