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$FB said it was continuing to make progress in video with an average of 8Bil video views per day and more than 500MM people are watching daily. $FB now has more than 2.5MM active advertisers and more than 45MM small and medium-sized businesses were actively using $FB pages.
The latest earnings report by $VZ shows how it is losing customers despite offering the unlimited data plans, a record for the company.
$BEBE is closing down all its stores by the end of May.
$WFC agreed to hike its payout in a class-action settlement over unauthorized accounts by $32 million to $142 million for its retail sales practices. The settlement will now include customers who were impacted as early as May 2002.