Facebook Shares Surge to Record $81, Up 63% This Year

The transcript discusses Facebook's impressive stock performance and revenue growth, largely driven by successful mobile advertising strategies. It highlights the company's future growth plans, including monetizing Instagram and WhatsApp. The challenges of maintaining user engagement, especially among younger demographics, and competition from other social media platforms like Snapchat and Google are also addressed.

What role do acquisitions like Instagram play in Facebook's growth strategy?

Who does Mark Zuckerberg consider as Facebook's biggest competition?