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… of the call, Nomura Securities International analyst Anthony DiClemente asked: In terms of video and your broader media content strategy, just trying to think about your investment in Facebook Live and then trying to frame that against investments in I guess non-live forms of video, such as maybe short-form, prerecorded, professional content. So how…
Facebook reported strong second-quarter-2016 financial results Wednesday, with revenue up 59 percent year-over year and net income soaring 186 percent compared with the second quarter of 2015. The company reported revenue of $6.436 billion for the quarter, up 59 percent from $4.024 billion in the year-ago period. Revenue from advertising of $6.239 billion was up 63 percent from $3.
… also very pleased with the growth in advertiser adoption of Instagram and the positive results advertisers are seeing from their investments. 98 of the top 100 advertisers on Facebook also advertised on Instagram in the fourth quarter. The ad load on Facebook and Instagram came up frequently during the question-and-answer part of the call…