Group revenue of $420.2m surpasses the $400m milestone for the first time.
The tech giant made the announcement in a blog post on its website.
Kevin Systrom and Mike Krieger have reportedly stepped away amid growing tensions with Mark Zuckerberg.
Every month, more than 50 million people in the US watched videos in Watch for at least one minute.
• The deal licenses the use of the millions of songs that APRA AMCOS represents in Australia and New Zealand
Facebook is about connecting people in a meaningful way.
Previously announced shows from news publishers include ABC News, CNN, Fox News and more.
The Here Together campaign will run across TV, digital, cinema and OOH.
'We’re announcing our most exciting feature to date.'
As if the ABC wasn’t already facing enough challenges – and now this!
• Facebook publishes enforcement numbers for the first time for nudity, violence & hate speech
'I am a true believer in the value of social networks when it comes to news distribution.'
Facebook says it is closer to making 'AR/VR experiences feel like reality'.
'Employees are often the biggest advocates of their company.'
