Facebook reported first quarter earnings on Wednesday with revenues that topped expectations. Facebook also announced CFO David Ebersman will step down at the beginning of June. The company reported earnings of $0.34 cents a share on revenue of $2.5 billion dollars. Analysts had expected the company to report earnings of $0.24 cents a share on $2.36 billion in revenues for the quarter. The next question for Facebook is if it’s planning to enter the mobile payments markets as an authorized e-money dealer.
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