Please wait while we enable your Account

0%

Contacting Amazon Web Services
Deploying Cloud Servers, Storage, Transcoding & Database Servers
Deploying Global CDN
Deploying Firewall & Enabling Security Measures
Deploying the CMS & Admin Module
Deploying Website, Mobile & TV Apps framework
Creating your FTP account
Finishing up all the modules
Preparing for launch

Facebook CEO Mark Zuckerberg says company to take video first approach

Viraj Mehta Published on : 29 July 2016
Facebook CEO mark zuckerberg

Facebook CEO Mark Zuckerberg stressed the company’s commitment to video as the company announced bumper second quarter results. Zuckerberg said “we’re particularly pleased with our progress in video as we move towards a world where video is at the heart of all our services,” and outlined plans to become a “video first” business.

Facebook reported revenue of US$6.44 billion (€5.85 billion), a 59% year-on-year increase. Of this, US$6.24 billion came from advertising, with mobile advertising accounting for 84% of ad revenues. Net income was up a massive 186% to US$2.06 billion.

Looking ahead, the Facebook CEO hinted at an “even more native and default video experience” in the Facebook newsfeed, building on the autoplay functionality that it first rolled out for videos in 2013.

Continue reading

Written by: Viraj Mehta

Add your comment

Leave a Reply

Your email address will not be published.

Try Muvi One free for 14 days

No Credit Card Required

.muvi.com
Your website will be at https://yourname.muvi.com, you can change this later.