Facebook Lures Advertisers at Expense of Profits

Facebook Lures Advertisers at Expense of Profits Play

Jan. 31 (Bloomberg) -- Bloomberg's Sheila Dharmarajan reports that Facebook Inc. reported a plunge in fourth-quarter profit on higher spending, even while it made long-awaited progress luring advertisers eager to reach mobile-device users. She speaks on Bloomberg Television's "In The Loop."

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