Facebook Q2 Earnings Analysis

Facebook released their second quarter earnings report this week, which revealed that mobile-powered growth led to a 63% jump in ad revenue - which was reported at $6.24 billion. The Wall Street Journal put together an excellent analysis of the top 5 takeaways from the earnings report, which included: Facebook's audience is getting bigger and bigger, Facebook is now mobile/video first, and the social media giant is running out of ad space. Read the full analysis here, and more on why "the only way for Facebook to sell more ads across its service is to attract more users or get current users to spend even more time on Facebook" here.