Wednesday, April 3, 2013

FB: eMarketer hikes its 2013 and 2014 U.S. mobile...

7:07 PM eMarketer hikes its 2013 and 2014 U.S. mobile ad sales forecasts to $7.29B and $11.3B, above the $6.97B and $10.9B forecast in December. Facebook's (FB) U.S. mobile ad sales are now seen totaling $965M in 2013 and $1.51B in 2014, up from a prior $851M and $1.22B. Pandora's (P) estimates have been raised to $372M and $550M from a prior $347M and $496M. But Millennial Media (MM), which issued light guidance in February, is now seen posting U.S. sales of $94M in 2013 and $139M in 2014, below a prior $138M and $199M. Google's estimates remain at $3.98B and $6.32B. Read comments

FB price at time of publication: $26.29. Check FB price now »

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FB: Though Sheryl Sandberg intends to remain...

5:58 PM Though Sheryl Sandberg intends to remain Facebook's (FB) COO for now, she might later consider a political career, a position in the Treasury Department (a former employer), or a job as the CEO of another company, "people familiar with [Sandberg's] thinking" tell Bloomberg. The report comes shortly after Sandberg completed a well-publicized media tour for Lean In, which has topped bestseller lists amidst a mixed critical reception. (previous) Read comments

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