Process known as data throttling. They began throttling customers in 2011 for those who went over their limits and failed to adequately notify them. Ibm has added 5 billion to its plan. Investors are giving an incentive for being patient. The company is repurchasing 19 billion worth of stock and still has 6. 4 billion available in the stock repurchase program. Now to the lead. Facebooks push to expand mobile advertising led to a big quarter for the social network. Facebook reporting thirdquarter revenue of 3. 2 billion. 59 yearoveryear. Net income, 806 million. 91 yearoveryear. Mark zuckerberg expanded facebooks ad initiatives by opening up its network of advertisers to Software Developers who can run ads on their apps. Still Facebook User growth was , slow, up only 2. 3 from last year. The slowest pace in facebook history. I asked Sheryl Sandberg and i am joined by president adam burke. In San Francisco. Our editor at large cory johnson is here and David Kirkpatrick joins us from new
Reduced in a process known as data throttling. They began throttling customers who went over there laments and failed to adequately notify them. Are giving an incentive for being patient. Repurchasing 19 billion worth of stock and still has 6. 4 billion available in the stock repurchase program. Now to the lead. Facebooks push to expand mobile advertising led to a big quarter for the social network. Reporting thirdquarter revenue of 3. 2 billion. Net income, 806 million. Mark zuckerberg expanded facebooks ad initiatives by opening up its network of advertisers to Software Developers who can run ads on their apps. Was slow,ser growth up only 2. 3 from last year. The slowest pace in his book history. Sheryl sandberg and i am joined by president adam burke. Davidohnson is here and kirkpatrick joins us from new york. Facebook shares are falling in afterhours. This apparently after the cfo of facebook suggested that [indiscernible] so good. Down 73 ak is share. This is a 9 trop. What theyre
Stirewalt. Chris i was told there was cake. As magnificent of a privilege it is to sit with you ladies, the fact that there was cake got me, the fat american, on the plane and up here. Harris will throw hands end. Chris happy birthday, guys guys. Meghan youre giving it away, all the fun. Harris lets get started. It appears the white house will avoid a Government Shutdown after all. The house has already passed a oneweek funding bill and it is now in the senate. The gops plan to replace obamacare, a top priority for President Trump, wont likely happen before tomorrows traditional milestone. Some republicans are opening the door for their first votes to be held next week. The chairman of the house rules committee, pete sessions, says they want to get it right. What we are trying to do is allow the time to do it right. Weve not set x next week, its not sweet, were not trying to set a deadline. A lot of people out there are trying to get me or someone else to set a deadline, but were not t