Facebook profit rises 79% to $4.7 billion in Sept quarter
Social media giant Facebook on Wednesday posted a 79% year-on-year increase in its profit to $4.7 billion for the September quarter. The company also reported a 47% increase in revenue to $10.33 billion as marketers invested money into its advertising offerings. Facebook now has 2.07 billion monthly active users, up 16% compared to same period last year. 