, Columnist
Churning Ad Machine Drowns Out Google’s Troubles
The best business model the internet has ever seen is still humming.
We who are about to click salute you.
Photographer: Carsten Koall/Getty Images
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In case you were worried, the advertising titans of the internet are doing just fine.
Facebook Inc. showed that last week by reporting a 30 percent jump in fourth-quarter revenue from a year earlier. It was the lowest growth rate in the company’s short history, and the company has many challenges to keep growing, but it turns out that Facebook keeps making bank because its ads work and the company is willing to plaster them all over its internet hangouts.