Facebook shares soared to a new high on word that the social network's quarterly profit and user numbers jumped as it thrives in a world gone mobile. Net income leapt to $791 million during the three months ended June 30 in a 138 percent increase from the $333 million made during the same period a year earlier, the world's biggest social network said. "We had a good second quarter," said Facebook co-founder and chief executive Mark Zuckerberg. Revenue in the quarter surged to $2.91 billion, with approximately 62 percent of that money coming from ads served up on mobile devices such as smartphones or tablet computers.
via Tech News Headlines - Yahoo News http://ift.tt/1z3QWL8
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