How Ad Revenue Powers Facebook’s Entire Business

Desy Papper

With more than 2.6 billion daily users, there’s no denying that Facebook (NASDAQ:FB) reaches a lot of people around the world across its free-to-use properties: Facebook, Messenger, Instagram, and WhatsApp. Most of the tech stock’s revenue is from advertising, so how does Facebook stack up on user monetization compared to its competitors?

Corinne Cardina, Fool.com’s healthcare and cannabis bureau chief, spoke with Nick Sciple, the bureau chief of tech, energy, and industrials, on a Fool Live episode recorded Feb. 11, about the eye-popping profit Facebook makes off each of its users.

 

 

Corinne Cardina: It’s the attention economy. They are selling

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Republican trolls trillion dollar COVID package, asks for $10,000 stimulus checks instead

Desy Papper

In a last ditch effort to counter the $1.9 trillion coronavirus package passed by the U.S. House of Representatives in the early hours Saturday morning, frustrated Arizona Republican Rep. Paul Gosar submitted an amendment that slashed non relief spending and offered $10,000 stimulus checks instead.

“I offered an amendment to prioritize $10,000 stimulus checks to Americans most affected by COVID-19 and lockdowns,” Gosar said in a statement to Fox News

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$230 million spent trading video highlights

Desy Papper

A LeBron James highlight sold for $200,000. A Zion Williamson edition went for a little less than that. The National Basketball Association has officially aligned itself for the future of the trading card marketplace, and currently, this game is sold out.

The NBA partnered with Canadian-based Dapper Labs, makers of the CryptoKitties game, to make its version of a collectible digital asset. NBA Top Shot is a crypto-collectible consumers can purchase as a non-fungible token (NFT). Each collectible is tied to a blockchain — a digital ledger similar to the blockchains used for digital currencies like bitcoin. This

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Taking Advantage of This Key Opportunity Could Leave You $600,000 Richer in Retirement | Business

Desy Papper

In fact, an extra $3,000 a year in employer matching dollars could leave you with almost $600,000 more in your 401(k), assuming you collect that match for 40 years and your 401(k) investments generate an average annual 7% return, which is a reasonable assumption with a stock-heavy strategy. To be clear, that’s $600,000 in free money — a combination of company matching dollars and gains.

Of course, this $600,000 sum is an arbitrary one based on a single example. It’s also an imperfect example, as it assumes the same salary, contribution rate, and match over time (often, all of

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Dayton business people on the move

Desy Papper

· Hope McGinnis, EA, CPA, of Farmersville (Tax Partner at Smith and Stueve, CPAs of Dayton ) has been recently elected to serve as President. Hope previously served as Vice President for 2 years.

· Ron Bodey, EA of Troy (Ron Bodey and Associates) has been recently designated to serve as Immediate Past President.

· Naomi Mills, EA, of St. Paris (owner of Signature Taxes & Bookkeeping Ltd) has been elected Vice President.

· Larry Simpson, EA of Beavercreek (VITA Volunteer) was reelected as Director-At-Large).

Enrolled Agents (EA) are known as “America’s Tax Experts” and are the

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