"Facebook Inc's quarterly profit and revenue blew past Wall Street estimates on Wednesday, sending its shares to a record high, as the social media company's popular mobile app and push into video attracted new advertisers and encouraged existing ones to spend more.Facebook Trounces Wall Street Estimates With Sharp Ad Sales Growth - The New York Times
Facebook shares rose 6.5 percent in after-hours trading to $131.40, their highest since the company went public in 2012.
Mobile advertising revenue accounted for 84 percent of the company's total advertising revenue, compared with 76 percent a year earlier."
Wednesday, July 27, 2016
Facebook Trounces Wall Street Estimates With Sharp Ad Sales Growth - The New York Times
Meanwhile, Twitter Might Want to Steal From Yahoo’s Playbook (NYT on Verizon/Twitter scenario)