Updated Apr. 24, 2014 at 6:01 a.m.

Premium Lock 82% advertising surge lifts Facebook past Street expectations

Published: 2014-04-23 17:42:00
Updated: 2014-04-24 06:01:15

Facebook's Nearby Friends   This image provided by Facebook shows the Nearby Friends" tool. Using your smartphones GPS system, it will tell your Facebook friends _ provided they have the feature turned on _ that you are nearby. Rather than share your exact location, though, it will only show that you are in close proximity, say within half a mile. (AP Photo/Facebook) Image 1 of 2 · Next Image…

Facebook's earnings and revenue grew sharply in the first quarter, surpassing Wall Street's expectations thanks to an 82 percent increase in advertising revenue....

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