Facebook may be feeling the pinch from teen-focused, mobile-first social networks like Snapchat, as CFO David Ebersman said on today’s earnings call that Facebook “did see a decrease in daily users specifically among younger teens,” though he prefaced that saying “usage of Facebook among US teens overall was stable from Q2 to Q3.” This is the first time Facebook has reported real trouble with teens.
Facebook did say that “We remain close to fully penetrated among teens in the US,” (eww, terrible phrasing) and noted there wasn’t a ton of data supporting the drop with young teens. On the data, Ebersman said “This is of questionable significance … but we wanted to share this with you now because we get a lot of questions about teens.”
The grim notes on young teens come after Facebook had denied losing luster with teens last quarter. Mark Zuckerberg said in July that “One specific demographic I…
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To paraphrase the one and only Gloria Gaynor, Darrell and I are back from outer space for yet another edition of the TechCrunch Droidcast. Well maybe not outer space per se, but the two of us have had to spend some time far from home and we couldn’t get together to record a show last week. For that you have our deepest apologies.
But if it’s any consolation, my trusty co-host and I had a real blast putting this week’s episode together. This time around we tackle Google’s savvy changes to its Hangouts Android app, Lenovo’s curious new tablets (complete with a dose of Ashton Kutcher), Motorola’s crazy-exciting dive into modular smartphones, and a little bit of love for the Nvidia Shield. And yes, in case you were wondering, that last bit was Darrell’s idea.
The world of Android is a weird and wild one, and we’re glad to…
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As it approaches its fifth birthday, Kickstarter’s star continues to rise, as the indie crowdfunding goliath announced yesterday that five million people have now collectively pledged nearly one billion dollars to its crowdfunding projects.
Today, in a somewhat surprising turn after yesterday’s milestones, it appears that an impromptu version of the “Management Shuffle” will be rolling into Kickstarter. In a blog post today, Kickstarter co-founder Perry Chen announced that he will be stepping down from his role as CEO and will instead assume the role of chairman beginning January 1st.
Chen explained that the move will give him more time to pursue his own creative projects: “I’m looking forward to stepping away from the day-to-day to consider our path from a new perspective … [and] I’m also looking forward to having time to work on creative projects of my own, after all these years working on an engine to…
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As part of its third quarter financial performance, Facebook today reported that 49 percent of its advertising revenue in the period came from mobile usage. That figure is up 8 percent from the second quarter, in which Facebook reported 41 percent of its advertising revenue came from mobile usage.
Facebook had third quarter advertising revenue of $1.8 billion. Forty-nine percent of that tally is $882 million, implying that Facebook’s desktop advertising revenue for the quarter totaled $918 million.
In the second quarter, Facebook had advertising revenue of $1.6 billion, of which 41 percent was mobile-sourced, or $656 million. That implied that Facebook had desktop-sourced ad revenue of $944 million in the second quarter.
Thus, Facebook’s desktop advertising revenue fell $26 million from the second to third quarter. Facebook’s first quarter desktop ad revenue (calculated in the same way) totaled $875 million. Therefore, for now, Facebook’s desktop ad revenue peaked in…
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