Related topics: advertising revenue

US media sector braces for brutal year for jobs

The struggling US media industry is facing its worst year for job layoffs in a decade as news organizations continue to cut staff and close shop, according to a new survey.

Facebook profit up 20 percent to $4.26 bn

Facebook on Wednesday reported that its profit in the final three months of last year climbed 20 percent to $4.26 billion as ad revenue and ranks of members grew.

Facebook gold streak continues in 3Q, boosted by video

Whether it's a video clip of your friend's dog or a live stream of the presidential debates, you are likely watching more videos on Facebook than ever. And that means you're also more likely to see video ads.

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