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In addition, revenues derived from advertising on mobile phones during the last
quarter of 2014 accounted for 69 per cent of total revenue, 16 percentage points more
than in the same period in 2013. To take full advantage of this trend, Mark Zuckerberg‟s
company presented Facebook Audience Network last year, a network that puts in
contact exhibition platforms — mostly mobile applications — with advertisers.
Facebook Mobile aims to penetrate emerging markets such as Latin America and
Southeast Asia where not everyone has access to computers but where the use of smart
phones is significantly increasing. During the three months of October, November and
December, Facebook shareholders earned profits of $0.25 per share, compared to the
$0.20 in the same period the previous year, while the company had a turnover of $3.8
billion, marking an increase of 48.6 per cent, with $2.58 billion for the last quarter of
2013.
Facebook‟s results, however, did not meet investor expectations and the share
price slipped by 1.81 per cent to $74.87 per share in electronic trading after the close of
the markets in New York. Eminent singer and theatre director Shekhar Sen has been
appointed the new chairman of the Sangeet Natak Akademi, the country's premier
institution for the performing arts.
Mr. Sen was recently awarded the Padma Shri on Republic day for his
contribution to the arts. According to an order issued by the Culture Ministry on
Wednesday, Sen has been appointed for a term of five years with immediate effect. The
Akademi has been without a head after earlier chairperson Leela Samson, who was
appointed by the UPA government, quit on September 30 last year.
“Sen has done many research-oriented musical programmes and rendered many
significant bhajan albums since 1983 as singer, lyricist and composer, the statement
from the Ministry said. It added that he is famous for his mono act musical plays “Tulsi”,
“Kabeer”, “Vivekananda”, “Sanmanti”, “Saahab” and “Soordas” which have been highly
acclaimed.2010