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Media & Marketing

Facebook Is Making $3 Million a Day on Mobile Ads

Who says Facebook isn’t making any money? On Tuesday afternoon Mark Zuckerberg announced that the company is making $3 million per day in revenue from Facebook’s flagship mobile ad product, Sponsored Stories. Add in the revenue from Sponsored Stories on desktop and the figure rises to $4 million per day.   More

Business Techonomy Events

Jack Dorsey on Twitter’s Business Model

In this video from the "21st Century Individuals vs. 20th Century Organizations" session at Techonomy 2011 in Tuscon, Ariz., Techonomy's David Kirkpatrick asks Twitter co-founder Jack Dorsey to explain the success of Twitter's business model. The ad-driven model works, says Dorsey, because Twitter introduces users to people and products they're already inclined to like.   More