Like it or loathe it, it is bigger and more controversial than ever. Facebook closes in on 2 billion users but can it see off the controversy. Also france and Youth Unemployment. Also in the programme, chinas answer to boeing prepares for its Maiden Flight. We start with facebook, because despite the ongoing controversy over everything from fake news to extremist and violent content, the Social Networkjust keeps getting bigger and more profitable. Facebook has been warning for some time it cant keep growing at this rate but the latest results show no sign of a slowdown yet. Take a look at these numbers. Facebook made profits ofjust over 3 billion in the first three months of this year. Thats a jump of more than 76 on the same period last year and more than investors were expecting. Facebook is creeping ever closer to two billion users 1. 91; billion people are now actively using the Social Media Platform every month, up 17 on this time last year. But in recent months theres been growin
Territory. We will have a look at the markets later. And piggy backing a mobile network. Well be looking at the growing trend of Virtual Network operators and ask whos winning the consumer or the company . And as facebook earnings surge 71 and its number of friends swell to over 2 billion, today we want to know are you a facebook Friend Or Foe and why . Let us know. Just use the hashtag bbcbizlive. I have just sent to a Friend Request, i hope it will be accept it hello and welcome to Business Live. We start in Silicon Valley where it seems there is no stopping the worlds biggest social network. Facebook has seen another huge jump in profits as Advertising Revenues keep on rising lets show you just how big. In the three months to the end ofjune, facebook made a net profit of 3. 89 billion. Thats a jump of 71 on the same period last year and better than wall street was expecting. Injune, the number of active monthly users crossed the two billion mark. That means more than one in every fo