China may have signaled it's going more hard-line on trade, but it could be a good thing, former U.S. negotiator Clete Willems told CNBC.World Economyread more
As China's economic growth declines, some analysts say Beijing may have to spend more on infrastructure, adding to concerns about high debts.China Economyread more
After years of speculation, Neuralink, the brain-machine interface start-up co-founded by Elon Musk, started talking directly to the public on Tuesday.Technologyread more
"The charts, as interpreted by Carley Garner, suggest that the upside in the stock market has gotten more limited," Jim Cramer says.Mad Money with Jim Cramerread more
John Paul Stevens, who served on the Supreme Court for nearly 35 years and became its leading liberal, has died.Politicsread more
A key read on the industry, the Architecture Billings Index, fell into negative territory in June, according to the American Institute for Architects. Inquiries for new...Real Estateread more
The largest U.S. banks are scrutinizing members of the Federal Reserve for any insight into how the central bank will tinker interest rates.Banksread more
Mikaila Ulmer may be just 14 years old, but the Me & the Bees Lemonade founder knows a thing or two about business.Young Successread more
U.S. President Donald Trump said Tuesday that Washington and Beijing have a long way to go on trade, adding that America could place tariffs on an additional $325 billion...Asia Marketsread more
The U.S. and China restarted their trade talks, but signs are showing a comprehensive deal could be a long way off, if it happens at all.Marketsread more
The WTO ruling recognized that the United States had proved that China used state-owned enterprises to subsidize and distort its economy. But the U.S. must accept Chinese...World Economyread more
Facebook's massive social network is free for users — but yet it makes billions of dollars in revenue every three months.
Indeed, the company reported $8.03 billion in sales in the first quarter of the year.
The company — which also includes Instagram,
This time last year, Facebook made $3.32 per user. But the latest figure is down from the last three months of last
"Seventy million businesses are now using Facebook pages around the world on a monthly basis, and more and more of them are becoming advertisers," chief operating officer Sheryl Sandberg said on a conference call with analysts on Wednesday night. "We also recently announced that over 5 million business are actively advertising on Facebook."
The ad revenue depends on the region.
As Sandberg put it, more businesses are seeing big impacts from the small screen, as advertisers think beyond television and print and look to reach consumers on their phones, where there is more information about their preferences.
Eighty-five percent of ad revenue for the first quarter was mobile, up from 82 percent a year ago, Facebook said on Wednesday.
Not only is Facebook drawing more ad money, but it is serving those ads to more users: The company added 80 million monthly users in the first few months of the year.