Facebook has just reported its Q2 2014 earnings, showing growth in revenues, income and user numbers. As for the financials, Facebook saw a 61 percent jump in revenue over Q2 2013 to $2.91 billion, with net income also jumping to $791 million, a boost of 139 percent over last year. Operating income, operating margin and EPS were all up substantially from last year.
On the user side of things, Facebook reported that it now has 1.32 billion monthly active users, up 14 percent year-over-year. Daily active users total 829 million, up 19 percent from last year. More importantly for Facebook, monthly active users on mobile hit 1.07 billion, up 31 percent in the last year, while monthly active users on mobile were up 39 percent to 654 million.
Those are pretty impressive growth numbers from a company that already has so many users, and it doesn't seem the growth will be stopping any time soon.
WeChat ban has been blocked by U.S. District Court
The Trump administration's ban on WeChat was set to go into effect today, but a U.S. district court judge just blocked it.
These are the best games for your Android phone
We're rounding up the best games, free and premium, you should be playing today.
Digital Wellbeing has been forgotten, but we need it now more than ever
Two years ago, the digital hygiene movement was in full swing. Now, during the pandemic, the idea of using our phones less has been abandoned, but should we bring it back?
Spice up your smartphone or tablet with the best icon packs for Android
Being able to customize your device is fantastic as it helps to make your device even more of "your own". With the power of Android, you can use third-party launchers to add custom icon themes and these are just some of our favorites.