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Facebook shows no sign of stopping, now has 1.86 billion users

Facebook is under quite a bit of pressure of late. It’s trying to fix the rise of fake news and clickbait on its News Feed and, more recently, it’s had to deal with the Zenimax lawsuit against Oculus. But all of that hasn’t eaten into Facebook’s bottom line. As its Q4 2016 earnings report shows, the company once again raked in cash hand over fist, with $8.8 billion in revenue and $3.56 billion in profit. Its user growth also continues to climb, with 1.86 billion monthly users and 1.74 billion logging in on mobile. Mobile advertising made up 84 percent of its revenue last quarter.

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