In the News

Facebook Files for IPO; Reveals $1 Billion in 2011 Profit

Advertising Is 83% of Facebook's Revenue

Facebook lifted the veil on its financials in its filing today with the Securities and Exchange Commission, revealing $1 billion in 2011 profits and robust growing revenue streams that are becoming gradually less reliant on advertising as the company grows its "Payments" business.

Read the full article over at Ad Age!