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LinkedIn Shares Soar As Q4 Earnings Beat Street

LinkedIn reported fourth quarter 2012 earnings that beat Street expectations, sending shares soaring in late trading.

 

Facebook revenue jumps 40 percent in fourth quarter

Facebook Inc doubled its mobile advertising from the previous quarter as the world's No. 1 social network expanded its business aggressively onto handheld devices.

 

Facebook earnings: Analysts look to mobile revenue

Facebook has faced a few controversies in the past few months, including controversies over privacy policies on its own site and on its photo-sharing site, Instagram. Still, the company has bolstered investor confidence with a series of moves that seem to lay the groundwork for Facebook to make more advertising dollars, particularly in the all-important mobile space.

 

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