What Facebook needs to do to catch up with Twitter

facebookThe Facebook juggernaut shows little sign of slowing down. Last week, the social network posted an impressive 138 per cent increase in second-quarter income. About 62 per cent of Facebook’s ad revenue now comes from advertising on mobile devices, which this year is expected to eclipse newspapers, magazines and radio in the U.S. for the first time, according to eMarketer. However, it already accounts for 80 per cent of Twitter’s ad revenue.

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