Thursday, July 26, 2012

Facebook reports loss due to Zuckerberg payout

Breaking news

Payouts to shareholders such as founder and chief executive Mark Zuckerberg pushed the group to a loss of $157m in the second quarter.

That is compared with a $240m profit in the same period last year.

The number of monthly active users (MAUs) rose 29% from the same period last year to 955 million.



Source & Image : BBC

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