Facebook Posts $800 Million in Revenue in 2009
June 18, 2010 at 02:44 AM EDT
Facebook’s financial performance is stronger than previously believed, as the Internet social network’s explosive growth in users and advertisers boosted 2009 revenue to as much as $800 million, according to two sources familiar with the situation. The company also earned a solid net profit, in the tens of millions of dollars last year, one [...]
