Putting its rivals to shame, Facebook on Wednesday said second-quarter profits nearly tripled to $2.06 billion, while sales were up 59% to $6.44 billion. Indeed, mobile ad revenue represented about … Read the full story by Gavin O'Malley

If companies could vote on Verizon's decision to acquire Yahoo's core assets, those supporting the back-end pipes that run ads, video and content across the Web would give the deal … Read the full story by Laurie Sullivan

Tapjoy, a mobile gaming ad platform, released the findings of a study conducted with comScore that show the company's mobile ad product outperforming industry brand lift averages. Read the full story by Ben Frederick

Based on over a year's worth of data, 'The Economist' saw a 160% increase in Web site page views from email subscribers and a 16.75% increase in email click-through rates. Read the full story by Sara Guaglione

Contributing to the woes of Apple and its rivals, smartphone shipment growth remained flat for the second quarter in a row. If accurate, that's up a mere 0.3%, year-over-year. The … Read the full story by Gavin O'Malley

Meredith's TV stations posted a 3.5% drop in non-political advertising revenue for its fiscal fourth-quarter period -- with political advertising rising four times that of a year ago. Overall TV … Read the full story by Wayne Friedman

The Internet of Things is very much about determining precise consumer location, and sensors such as beacons are helping that along more every day. There are now about 8 million … Read the full story by Chuck Martin