Facebook's efforts to make money from mobile are young -- but the payoff already looks big.
Fantasy stock market site is about to let users attach real money to their accounts in a direct challenge to the $11.5 trillion U.S. mutual fund industry.
The community site, which lets stock traders create fantasy portfolios, gets SEC approval to be an investment adviser. Real money is to follow.
Though only running mobile ads for a year, the social network is dependent on the nascent revenue stream to drive growth.
Shares could be getting a boost from investors feeling more comfortable about Facebook's mobile push or because insiders are waiting for the stock to go higher before selling.
The venture capitalist, an early big backer of the company, shed some of his holdings last week.
Facebook's stock posted its biggest one-day gain since going public, soaring more than 19% and fattening its CEO's net wealth.
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The next generation of Bentley ultraluxury vehicles will be available with Android inside.