$8.809 billion in total revenue during the quarter, a 50.8% increase from $5.841 billion in the same quarter a year ago.
Mobile MAUs - Mobile MAUs were 1.74 billion as of December 31, 2016, an increase of 21% year-over-year.
Facebook hasn't hit 2 billion users per month, but it's getting pretty damn close.
Facebook'sshares were up 2.7 percent at $136.78 after the bell on Wednesday. He explained that "we're focusing on shorter form content to start", and that the company needs to build a sustainable ad revenue sharing business model to pay professional creators to bring that content to Facebook, Tech Crunch reported.
Six people killed by Chile wildfires
The plane is being deployed in the Maule region, north of the destroyed town of Santa Olga, according to Deutsche Welle . Chile has appealed for global help to tackle fires are sweeping through central and southern regions.
Given that advertising makes up roughly 98% of Facebook'srevenue, the $7.248 billion that retailers and other marketers spent on mobile advertising during the quarter made up more than 82% of the company's revenue.
In the fourth quarter, mobile ad revenue represented approximately 84% of total ad revenue - up from about 80% of ad revenue in the fourth quarter of 2015. Shares were up 0.2 percent in after-hours trading in NY. Wehner said that the service had played a part in the 3% rise in ad prices in the quarter, and the 49% jump in overall impressions sold.
Just as impressive are Facebook's increasing user numbers. "I see video as a megatrend on the same order as mobile", Mr Zuckerberg said.
In the future, Facebook hopes to develop the use of Facebook Live, its live video broadcasting tool. Facebook also expanded videoadvertising, drawing ad dollars that might otherwise have gone to television commercials.
Facebook's push for video goes well beyond the News Feed.
The company said about 1.86 billion people were using its service monthly as of December 31, up 17 percent from a year earlier. It also said it had 1.15 billion daily users on mobile.
This crack means the cliff is extremely unstable and could be about to break apart and fall into the sea, reports 9News.com. The lava stream is perched high on a cliff and causes explosions as the molten rock flows into the ocean.
However, the Hammers got their man on Friday, with the Scottish global signing a three-and-a-half year deal with the Londoners. When he was available he tried to work and do his best, but for the last 12 days he hasn't worked with me.
Quebec Premier Philippe Couillard says the shooting does not mean the province has failed in its attempt to be an open society. But the watchdog reports that most of her time was spent working in the National Front's headquarters in Paris.
In the pic, Gaga looks peaceful as she sits on a patio surrounded by trees and gazes thoughtfully in the distance. However, Lady Gaga stopped short of confirming whether she would open the show on the roof.
David Friedman, Trump's choice for ambassador to Israel, has said that he looks forward to performing his service "from the U.S. The global community considers the settlements illegal even if they are approved by Israeli legislators.
Former secretary of state Condoleezza Rice made the same recommendation during her meeting with vice president-elect Mike Pence. Tillerson, however, was deemed highly qualified for the position by the Republicans as they rejected the Democrat's concerns .
At the end of the day, Infosys closed down 2.01%, TCS shares fell by 4.47%, Tech Mahindra fell by 4.23%, and Wipro Ltd by 1.62%. The H-1B visa bill removes the "per country" cap for employment-based immigrant visas.
May this New Year be as colourful and interesting as the decorations that you put up in your home to welcome the festive season. However, during Chinese New Year prices can surge up from 3,000 yuan ($436) to 10,000 yuan ($1,454) per day.
The most valuable brands revealed
The report said Google remained "largely unchallenged" in its core search business, with its advertising revenues up 20% in 2016. Telstra also ranked 125th in Brand Finance's Global 500 list.
Apple might stop supporting 32-bit apps in iOS 11
Apple is preparing to end support for 32-bit iOS apps, according to an error message discovered in the new iOS 10.3 beta. There are still a large number of 32-bit apps in the App Store that have not been updated for a long time.