Facebook shares fell about 2% in after-hour trading on Wednesday, after the company beat Wall Street's Q4 revenue target but discussed aggressive 2015 spending plans - AFP Photo.
SAN FRANCISCO: Facebook Inc's big spending plans are facing a tough reception on Wall Street.
The Internet social networking company, which has dazzled with two years of breakneck revenue growth, is struggling to win support for plans to pump billions of dollars into infrastructure and businesses ranging from virtual reality headsets to satellites.
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