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Internet giant, Facebook, have seen its shares jumped after it reported a tripling of first quarter profits from a year earlier to $1.51bn.
The firm's advertising revenues also rose to $5.2bn, with more than 80% coming from mobile. Facebook's focus on live video attracted new advertisers, while sales on existing services also grew. The firm reported $3.5bn in the corresponding period last year.
Facebook added that it intended to continue buying other companies, but only those offering services that could be "ubiquitous".
BBC
The firm's advertising revenues also rose to $5.2bn, with more than 80% coming from mobile. Facebook's focus on live video attracted new advertisers, while sales on existing services also grew. The firm reported $3.5bn in the corresponding period last year.
Facebook added that it intended to continue buying other companies, but only those offering services that could be "ubiquitous".
BBC