Mobile Efforts Help Propel Facebook’s Earnings Facebook was once a darling of investors, then a turnoff. Now, a year after going public, the social network seems to have settled into a more stable relationship with Wall Street. But the company has still been taking pains to prove that it can make more money from its base of more than a billion users, especially from those using Facebook on mobile devices. More
All Eyes On Facebook's Mobile Growth And Graph Search Progress Quick Take Facebook will release its Q1 2013 earnings on May 1. We expect healthy advertising revenue growth driven by improved mobile monetization and a growing user base. Margins will shrink due to higher headcount related costs and infrastructure investments. We’ll also look for any color on the success of Graph Search, which could be one of the key features of Facebook going forward. More
By Predicting What You Like, Hooked Makes Ads For Mobile Games Less Terrible What if mobile ads for games and other apps weren’t quite as random as the standard dating service and fantasy game fare, but actually showed some effort in reaching you, the individual user? An app discovery platform, Hooked, has been trying to do that in the chaotic marketplace of Android app stores. More
‘Rectify’: A man is freed from prison, but weighed down by everything else Sundance Channel’s “Rectify” is a six-part drama about a man who is released from a Georgia prison on a legal technicality after serving 19 years for a murder he may or may not have committed. As a TV show, it almost gets by on its looks alone. More
By ALEX VEIGA
The average rate on a 30-year mortgage in the U. S. ticked up this week to slightly above 7%, the highest level in eight months.
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The rate rose to 7.04% from 6.93% last week, mortgage buyer Freddie Mac said Thursday.
Getty Images; Chelsea Jia Feng/BIThere's been talk that 2025 will be the year of the altcoin, but JPMorgan isn't convinced. The apex token has dominated the crypto fund space and is developing competitive use cases. Bitcoin is also a clear beneficiary of governments' crypto plans, JPMorgan argues. Bullishness is high in the cryptocurrency market and investors see tailwinds developing for the wider space beyond just bitcoin.
AP Photo/Maya Alleruzzo, FileIsrael and Hamas appear close to a cease-fire deal to end 15 months of fighting in Gaza. The conflict has left Hamas battered, with thousands of its militants killed. But for Israel, an end to the conflict doesn't mean an end to its Hamas problem. Israel and Hamas appear close to a cease-fire deal to end more than 15 months of devastating fighting in Gaza, though it's facing something of a last-minute crisis.
TikTok CEO Shou Zi Chew is set to attend President-elect Donald Trump's inauguration on Monday. Chip Somodevilla via Getty ImagesTikTok CEO Shou Chew is planning to attend President-elect Donald Trump's inauguration. TikTok may go dark in the US the day before the inauguration, as dictated by a divest-or-ban law. Trump asked the Supreme Court to give TikTok more time as he seeks a political resolution.
Investors should shift toward smaller firms, according to UBS. Westend61/Getty Images/Westend61Large caps have consistently led small- and mid-sized companies in recent years. But smaller firms have fared well lately, despite expectations for higher interest rates. UBS shared 40 top small- and mid-cap stocks to buy now. A forgettable multi-year stretch for smaller stocks could end in 2025, researchers at UBS say — even though key risks are looming over the cohort.