FACEBOOK HAS 296 MILLION ACTIVE MONTHLY USERS

The most popular social network, Facebook, has had a substantial increase in its mobile user base and posted a 39 percent increase over the year-ago quarter with nearly 945 million monthly active users on mobile. Facebook reported that 296 million monthly active users accessed the network from their mobile devices only. Ithas posted 2.6 billion revenue in its last quarter, an increase of nearly 63% from last year. The company reported a profit of $780 million on earnings of 31 cents per share.
in 2013, Facebook had revenues of $7.87bn, an increase of 55% year-over-year and made a profit of $1.5bn. The social networking giant says it had 1.23 billion monthly active users in December last year.