Skip to main content

Facebook promises positive cashflow in 2009

We don't know how much they earn now, but -"Jessica E. Vascellaro reported last week that a person familiar with the company said financials are strong and Facebook expects revenue in 2009 to increase at least 70% from last year. This person declined to say how much revenue Facebook is making but said the company has had positive earnings before interest, taxes, depreciation and amortization, or EBITDA, for the past five quarters and expects to be cash-flow positive in 2010."

Comments

Popular posts from this blog

Lenovo Thinkpad T400S Laptop keyboard change

What is the last time, you saw your pc keyboard change? I mean buttons? :) Well this time, Lenovo DID: "Lenovo put nearly a year of research into two design changes that debuted on an updated ThinkPad laptop this week. No, not the thinner, lighter form or the textured touchpad — rather, the extra-large "Delete" and "Escape" keys."