Saturday, May 19

Growing shift mobile threat to Facebook

Facebook said Wednesday that use its social networking service is growing faster than the number of deliveries display reflects a shift towards mobile devices and away from the computer.

In a Amedment to its registration for an expected initial public offering this month, said Facebook daily average values users increased faster than the show in the first quarter, and this trend has continued in the current quarter.

The increasing use of Facebook on mobile phone is a risk factor for investors, because Facebook so effectively could earn money not mobile applications such as desktop use of the site.

The modified application came after senior executives, including founder and CEO Mark Zuckerberg with investors to promote offers of shares in a so-called "road show". The additions were probably in answer to questions from investors.

Facebook could go public as soon as 17 with the offer, which would be a record for any technology company. Facebook and its shareholders are expected to up to sell $13.6 billion in stock in a deal that could be the company up to $96 billion in value.

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