Thursday, 4 May 2017

Facebook nears two billion monthly users

Facebook's profits have jumped in the first three months of the year, as the social network closes in on two billion users, according to its latest results.

The number of people using Facebook each month increased to 1.94 billion, of which nearly 1.3 billion use it daily, the company said.

The US tech giant r eportedprofits of just over $3bn (2.4bn) in the first quarter, a 76% rise year-on-year.

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