Mark Zuckerberg may be shaking his head right but he’s still rich. Why, for the last 3rd quarter, Facebook recently reported a $59 million financial loss. Revenue rose to $1.26 billion no thanks to the changes in income and payroll taxes.
The $59 million loss may be “small” but it is something. Facebook didn’t disclose the probable reason but it could be the Instagram acquisition but then the deal was made earlier in April.
Facebook currently has 1.01 billion active users all over the world. An ‘active user’ is someone who logs in a minimum of once every month. Of the number, 604 million users were checking their accounts mobile.