Did Facebook Buy Instagram Mainly So It Can Finally Run Ads With Big Pictures And Video?
Posted on January 31, 2013 at 00:48 AM EST
Advertising took center stage during Facebook's fourth-quarter earnings call on Wednesday, and for good reason: It's what investors are most interested in hearing about, even more than cool new features like Graph Search. Even CEO Mark Zuckerberg joined in, at one point noting that while the social network will continue to develop new user-oriented features to ensure its long-term appeal, for now "our work on ads will have by far the biggest impact on our business."
Advertising took center stage during Facebook's fourth-quarter earnings call on Wednesday, and for good reason: It's what investors are most interested in hearing about, even more than cool new features like Graph Search. Even CEO Mark Zuckerberg joined in, at one point noting that while the social network will continue to develop new user-oriented features to ensure its long-term appeal, for now "our work on ads will have by far the biggest impact on our business."
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