Facebook advertising model stays resolute

first_img Facebook continues content crusade Kavit Majithia Facebook trials feature to connect neighbours Facebook to pay News Corp for Australia content Facebook Facebook brushed off ongoing controversies to deliver a stellar Q3 performance, with a sharp rise in revenue fuelled by its lucrative advertising business as well as a significant uptick in user numbers.The company has faced ongoing pressure on a number of fronts recently, notably government probes around its handling of user data, questions over “fake news” published on its feeds, as well as its policy to run political ads which are under fire for their credibility and integrity.Political ads in particular are in the spotlight after its rival Twitter announced it would no longer run them on its platform.Facebook CEO Mark Zuckerberg will however not be following Twitter’s lead, as he defended the ads in an earnings call, stating that the company did not want to stifle political speech by issuing a ban.Growth continuesIf looking solely at the company’s financial performance, Zuckerberg could argue that the company needs to change very little.And despite the issues surrounding the company, advertisers do not appear turned off. The company reported a 29 per cent rise in revenue in Q3, which hit $17.7 billion, driven by an advertising revenue increase of 28 per cent, accounting for $17.4 billion of the total figure.Net income hit $6.1 billion, up 19 per cent from $5.1 billion last year.Mobile advertising revenue represented the bulk of ad revenue, 94 per cent in total, up 2 per cent for the same metric in Q3 last year.Daily active users were also on the up, standing at 1.62 billion on average for the month of September, a 9 per cent year on year increase.There was an 8 per cent increase in monthly active users, which were recorded at 2.45 billion.Notably, it was a particularly strong period in the US and Canada, with monthly users jumping by 3 million to 247 million in the two markets, following long periods of stagnation.In total, Facebook estimated that 2.2 billion people use Facebook, Instagram, WhatsApp or Messenger every day on average, and at least 2.8 billion use one of the services each month.Costs to riseGoing forward, Facebook said it expects costs in 2020 to increase to around $54 billion to $59 billion, from $46 billion to $48 billion this year.The company is gearing up for an increased headcount in marketing, while a ramp up in efforts around privacy and security, as part of its obligations on a $5 billion settlement it agreed with the Federal Trade Commission in July.Zuckerberg also warned he was expecting additional scrutiny from regulators over its acquisition of Instagram in 2012. Subscribe to our daily newsletter Back HomeApps Facebook advertising model stays resolute Tags center_img Kavit joined Mobile World Live in May 2015 as Content Editor. He started his journalism career at the Press Association before joining Euromoney’s graduate scheme in April 2010. Read More >> Read more Previous ArticleGlobal smartphone market returns to growthNext ArticleTwitter will ban political adverts next month AddThis Sharing ButtonsShare to LinkedInLinkedInLinkedInShare to TwitterTwitterTwitterShare to FacebookFacebookFacebookShare to MoreAddThisMore 31 OCT 2019 Apps Related Authorlast_img read more

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FairPoint expands coverage in Eden, Hyde Park and Johnson

first_imgConsolidated Communications,FairPoint Communications, Inc (Nasdaq: FRP), a leading provider of advanced communications in northern New England, has expanded broadband to more than 120 homes and businesses in Eden, Hyde Park and Johnson.’ FairPoint’s new fiber-based, high-capacity network offers customers a better, faster way to communicate.’ ‘Our next-generation network allows us to expand broadband service into areas with no high-speed Internet access and provide enhanced services across the state,’ said Beth Fastiggi, FairPoint state president for Vermont. ‘Broadband availability opens the doors to the world for the residents and businesses in Vermont and is fundamental to the state’s future economic growth.’’ FairPoint provides residential speed options up to 15Mbps. Broadband service on the next-generation network means customers can smoothly stream live video, play online games and upload photos and large files with ease.’  Reliable broadband access provides almost instant connections to information, news and entertainment.‘ FairPoint’s broadband Internet service will reach customers along all or portions of the following streets: ‘ In Eden: Ober Hill Road and Route 100.In Hyde Park: Deer Run Lane, Ferry Street, Heath Road, Locke Avenue, Mudget Drive, Mudgett Hill Road, North Hyde Park Road and Route 100.In Johnson: Ober Hill Road and Windy Hill Drive.’ FairPoint has invested nearly $100 million in its network in the Green Mountain State and has added 1,100 miles of new fiber, providing high-speed access to more than 90 percent of its Vermont service areas.’  SOUTH BURLINGTON, Vt. (Dec. 17, 2013) ‘ FairPoint Communications, Inclast_img read more

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Nelson repeats as NCAA heavyweight champion

first_img—Dane Mizutani contributed to this report. The junior is the fifth heavyweight wrestler to win back-to-back titles for Minnesota. But he’s not satisfied with that.Nelson said his ultimate goal, even before he won the title last season, was to be a three-time champion. He said former Minnesota heavyweights Cole Konrad and Brock Lesnar were his inspiration.“Brock won it once. Cole won it twice,” Nelson said. “I’m right up there with [Konrad], and he’s a guy I always looked up to.”Nelson was the lone Minnesota wrestler to win an individual title, but the Gophers boasted eight All-Americans.Dylan Ness couldn’t build off his Big Ten championship from less than two weeks ago, and the sophomore finished fourth at 149 pounds. Ness shocked the world last season as the NCAA runner-up at 149.Logan Storley had a terrible performance at the Big Ten championships, but the sophomore bounced back to finish fourth at the NCAA meet. He lost in the third-place match to his best friend from high school, Robert Kokesh of Nebraska. Storley was a force all season long, but he seemed to hit a wall in the two postseason tournaments.Sophomore Scott Schiller (197 pounds) finished fifth, sophomore Chris Dardanes (133) finished sixth and both junior David Thorn (125) and senior Cody Yohn (165) finished seventh.Kevin Steinhaus (185), who was upset early in the tournament, did not place.Minnesota’s eight total All-Americans are the most in the nation for the second straight year. Nelson repeats as NCAA heavyweight championMinnesota finished third behind Penn State and Oklahoma State.The Daily Iowan/Rachel JessenIowa Mike Evans (174) wrestles Minnesota’s Logan Storley during the quarterfinals of the NCAA Division I Wrestling Championships on Friday, March 22, 2013 at Wells Fargo Arena in Des Moines, Iowa. Storley won by decision, 3-2. Drew ClaussenMarch 25, 2013Jump to CommentsShare on FacebookShare on TwitterShare via EmailPrintA lot of elite wrestlers have walked the campus for the Gophers wrestling program.Tony Nelson’s name is now definitely on that list.Nelson repeated as the NCAA heavyweight champion over the weekend at the national championships in Des Moines, Iowa.“He wrestled very well,” head assistant coach Brandon Eggum said. “He seemed composed throughout the tournament.”Minnesota finished third as a team behind Penn State and Oklahoma State. The Nittany Lions won their third straight NCAA title.Nelson beat Mike McMullan of Northwestern 6-2 in the finals — the same man he beat less than two weeks ago to capture the Big Ten title.Eggum said McMullan is a very offensive wrestler.“Tony’s defense and counter scoring is so good that if you attack him, you can put yourself in danger,” Eggum said.Nelson said he’s realized all season that he’s had a target on his back. That hasn’t affected the way he wrestles.“They want to be the guy to beat you, [and] to come out and do it again was just a big accomplishment,” the senior said in a press conference after the match.Nelson finished the season with a 33-1 record. He lost his only match to Dom Bradley of Missouri at the Southern Scuffle.last_img read more

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The Alter Group To Develop 605,700 SF Distribution Building

first_imgThe Alter Group announced plans to develop a speculative 605,700 SF cross-dock warehouse/distribution center valued at more than $36M at its 162-acre Buckeye Logistics Center at Buckeye Rd. and 67th Ave. in Phoenix, said Michael J. Alter, President of the Chicago-based national commercial real estate development firm.Groundbreaking is expected to take place in October.According to Patrick E. Gallagher, Senior Vice President, “The Alter Group is presently talking to several capital partners to finalize the underwriting for this bulk distribution building. . There are only a couple of large warehouse/distribution buildings still available in this segment of the market; vacancy rates for spaces above 500,000 SF, particularly in the Southwest submarket where Buckeye is located, are currently in the low single digits.“The West Valley has become one of the top areas in the southwest part of the United States for the development of large warehouse facilities to store, package and ship consumer goods ordered via the Internet. The southwest Phoenix market recorded 3.7 million SF of net absorption over the last four quarters of 2011.Absorption was lower in 1Q 2012 but activity is strong. This steadily increasing user demand, combined with a lack of construction, has vacancy rates continuing to fall. With very few larger buildings available, rents are projected to increase by 20% by 2Q 2013 for large blocks of space.”The new building will feature 32’ clear ceiling height; 112 dock high and four drive-up level doors; as well as parking for 324 cars and 173 trailers.Buckeye Logistics Center is strategically located 1.2 miles from I-10 via two full interchanges at 67th Ave. and 75th Ave. The site, ideally suited for regional distribution, also has good access to I-10, which is important for receiving and sending shipments to Southern California markets and ports. Buckeye Logistics Center can support up to 3.1 MSF of distribution space. Three distribution buildings totaling 1.7 MSF have already been built at Buckeye Logistics. Phase I and II were awarded the NAIOP Industrial Project of the Year in 2007 and 2008. Current tenants in the earlier phases are Amazon.com, which occupies more than 1 MSF, and Kellogg’s.For more information about The Alter Group, visit The Alter Group’s website at altergroup.com.last_img read more

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Goofy Rocks Lifting Spirits Around Los Alamos

first_imgCreative rocks lifting spirits around Los Alamos including these rocks sending the message that ‘It’s fun to stay at the YMCA!” Photo by KayLinda Crawford/ladailypost.comlast_img

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Copenhagen office vacancy rates down

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Munby: State ‘washed its hands’ of couple branded bigamists after court failures

first_imgFamously outspoken family judge Sir James Munby has berated the government over legal aid restrictions which left a divorced couple labelled as bigamists through no fault of their own.The retired family division president, sitting as a High Court judge in M v P (2019), said the state had ‘declined all responsibility’ for helping the parties despite ultimately landing them in this predicament.The couple had assumed their divorce was finalised by decree absolute in 2014 and each went on to marry again. But the process had been subject to fundamental errors by district judges who granted the decrees despite an administrative mistake on the petition which stated the couple had lived apart for two years. In fact they had actually only been married for 22 months, and the court was now required to decide whether the decree absolute was void or voidable.Munby said ‘serious mistakes’ were made by the court and by judges in not spotting and rectifying the original error, which was caused by one of the parties ticking the wrong box in the petition.  Sir James MunbySource: The TimesThe ‘human realities’, as Munby put it, were that not only might the couple have committed an offence, but in one case the wife had married a Brazilian national who might no longer be able to enter the UK.Munby ruled that the decrees were voidable and not void, partly due to there being no previous case to rely on, and partly due to the language and context of the legislation being discussed. Both remain valid and documents could be varied to reflect this.‘Parliament surely cannot have intended the injustice which will inevitably flow, not just to M and P but also to their new spouses, if the decrees are void,’ said Munby. He said the parties were the ‘innocent victims of failure by the court itself’ who had remarried in good faith and in reliance upon court orders.If judges were compelled to overturn such a court order then ‘surely the modern judicial conscience would revolt’, he added.Munby explained that P had been refused exceptional funding by the Legal Aid Agency on the basis she had an available net monthly income of £625.87 and her aggregate income exceeded the limit by £37. The idea these figures should justify her not receiving state aid was ‘unnourished by sense’, said the judge.Munby added: ‘What I was faced with here was the profoundly disturbing fact that P does not qualify for legal aid but manifestly lacks the financial resources to pay for legal representation in circumstances where, to speak plainly, it was unthinkable that she should have to face the Queen’s Proctor’s application without proper representation.‘The state has simply washed its hands of the problem, leaving the solution to the problem which the state itself has created to the goodwill, the charity, of the legal profession.’Munby reserved praise for the ‘professional dedication, commitment and sense of duty’ of Janet Bazley QC and Katherine Dunseath, instructed by Sundeep Budwal and Paul Nuttall of national firm Duncan Lewis, who represented the couple pro bono.But he added: ‘There is something profoundly distasteful when society, when government, relies upon this as an excuse for doing nothing, trusting to the professions to do the right thing which the state is so conspicuously unwilling to do or to provide for.’last_img read more

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CPP will develop sports from grassroots level: Dr. Paa Kwesi Nduom

first_imgAspiring CPP Presidential Candidate, Dr. Paa Kwesi Nduom has indicated his party’s way of moving Ghana sports forward.Sports was neglected in the build up to the 2008 elections but it seems politicians have realized the key role it plays in national development as has been confirmed by Dr. Nduom.In an exclusive interview with Asempa Sports on Thursday, the aspiring CPP Presidential Candidate who also owns Division Two side Elmina Sharks stated that sports exude two critical qualities for development; discipline and teamwork.Therefore it is important for any country hoping to develop to take sports seriously since the human resource for developing the country largely depends on the youth who are associated with sports.According to him, the founder of the party, Dr. Kwame Nkrumah held sports in high esteem, hence the achievements in sports during his era.Dr. Nduom who was the captain of the Basketball team of St. Augustine College in 1973 believes CPP has the magic wand to propel Ghana sports to its apex. When asked how he was going to see to the realization of his dream, he said grooming the talents from the grassroots level and handling their progression steadily to the top level is the key.last_img read more

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Lions WR Bruce Ellington reveals he had part of his hamstring removed

first_imgThe Lions receiver revealed that after he tore his hamstring in 2016, doctors told him he would likely injure it again and have scar tissue. So they made the choice to remove the semitendinosus, which is one of the three muscles that make up the hamstring.The semitendinosus is located at the back of the thigh and helps flex the knee and bend the hip. It easily makes up 33 percent of the hamstring. Related News Marvin Jones injury update: Lions WR (knee) could return vs. Rams Bruce Ellington is playing football without part of his hamstring. Seriously.“I don’t know if it’s fully recovered,” he said when he was asked if his hamstring has healed (via MLive.com), “because they removed it. So I don’t have it anymore.” It makes the fact that Ellington can walk, let alone play football, that much more remarkable.Ellington isn’t the first player to have the procedure, though. Former Texans wide receiver Andre Johnson had the surgery, and former NFL cornerback Jimmy Hitchcock played without both ACLs in his knees.Ellington just signed with the Lions and has recorded 12 catches for 80 yards in his two games with the team.last_img read more

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Power’s dream over

first_imgBy Justin RobertsonTHE fairytale is over. Gippsland Power were simply no match for a dominant Calder Cannons’ midfield, consisting of…[To read the rest of this story Subscribe or Login to the Gazette Access Pass] Thanks for reading the Pakenham Berwick Gazette. Subscribe or Login to read the rest of this content with the Gazette Digital Access Pass subscription.last_img

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