A milestone for Facebook was set, over 1bn users logged into Facebook in one day. This large increase in users boosted Mr Zuckerberg to the 9th place on the richest people in the world chart and made Facebook the social network mammoth. Facebook now accounts for one out of every five minutes people spend on mobile phones in the US.
- In the three months ended June 30, the company's revenues jumped to $4.04bn, from $2.91bn in the same period last year.
- Last month Mr Zuckerberg revealed Facebook had 1.49bn monthly active users, up 13pc from a year earlier.
- Facebook is branching out from its roots and investing in future products such as virtual reality headset Oculus Rift.
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