The social network came in with adjusted earnings per share of 17 cents and revenue that grew 40 percent to $1.59 billion compared to the year-earlier quarter. The company also reported 1.06 billion monthly active users and 618 million daily active users (DAUs); both figures are up by more than 25 percent against last year. On mobile, Facebook grew monthly actives to 680 million people, an increase of 57 percent year-over-year. Mobile DAUs exceeded web DAUs for the first time, the company said.
More important, Facebook's … Read more