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Stocks rise on hopeful signs for the US economy

Facebook slumped in the first four months after its market debut on concern that it wasn't doing enough to develop mobile advertising.

Key developments for Facebook as public company

Facebook says mobile advertising revenue was 30 percent of its total ad revenue, amounting to $375 million.

Facebook 1Q earnings, revenue grow, mobile ads up

Menlo Park, Calif.-based Facebook says its mobile advertising revenue represented 30 percent of the total at $375 million.

Judge approves deal on New Orleans' signage limits during Super Bowl week

The filing says the city can prohibit "off-site and mobile advertising," such as signs attached to a vehicle or worn by a person.

ACLU's suit over Super Bowl 'clean zone' settled

The filing says the city can prohibit mobile advertising such as signs attached to a vehicle or worn by a person.

What's Facebook's secret? Company tells all today

Research firm eMarketer estimates that Facebook, the No. 2 company in the U.S. mobile advertising market, had an 8.8 percent share last year -up from zero in 2011.

Going public: Key developments in Facebook's IPO

Oct. 23: Facebook reports third-quarter results that inch past Wall Street's expectations, offering evidence that the company is making inroads in mobile advertising - a longtime concern among...

Facebook stock climbs after upgrade

Kirjner upgraded Facebook's stock to "Outperform" from "Market Perform," saying that mobile advertising will drive revenue growth.

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Mobile ads help grow Facebook's first quarter revenue 38 percent

A year ago, Facebook was just testing the waters of mobile advertising, causing plenty of...

SAN FRANCISCO: Facebook buying Atlas ad business from Microsoft

Wall Street's disappointment with Facebook's performance, particularly in the growing mobile...