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Zuckerberg proposes new share class to maintain control
Facebook's Q1 profit, revenue beat forecasts, fuelled by video ads on its main mobile app
Add BT as a preferred sourcePublished Thu, Apr 28, 2016 · 09:50 PM
San Francisco
FACEBOOK Inc's chief executive officer Mark Zuckerberg picked a good time to ask for more freedom.
The company reported sales and profit that blew past analysts' estimates, fuelled by businesses spending more to advertise in videos on its main mobile app. It was the latest in a string of strong earnings that have built up investors' confidence in the company's future.
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