Facebook Quarterly Revenue Soars More Than 50%

The quarterly results exceeded expectations, showing the company's ability to grow.
0:53 | 04/28/16

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Transcript for Facebook Quarterly Revenue Soars More Than 50%
In today's tech bites based nugget on fire its quarterly revenue rose more than 50%. Mostly because. Of the millions of us who use the FaceBook mobile app more users means more advertisers which means all those video ads. Aren't going anywhere look for FaceBook to do more with its live video feature as well. Nintendo says that its much anticipated NX console will debut next march although the companies not saying exactly how much it will cost and and that that the latest legend of Zelda game will also launched around that time. And SpaceX is planning an ambitious mission to Mars in just two years SpaceX wants a land and on demand. Spacecraft on Mars as early as 2018 with the help of NASA. Making it an extraordinary collaboration between the public and private sectors it's part of an effort to eventually get humans to the red planet and those are your tech bytes. Have a great day.

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