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		</div><p>Facebook reported a strong end to its financial year as the social network’s monthly users jumped to more than 1.86 billion.</p>
<p>The technology giant, which also owns virtual reality firm Oculus as well as Instagram and WhatsApp, revealed its revenue had risen by 54% in the last year to 27.6 billion US dollars (£21.8 billion), while net income more than doubled from 3.7 billion dollars (£2.9 billion) to 10.2 billion dollars (£8 billion).</p>
<p>In September the number of Facebook users was 1.79 billion.</p>
<p>Mobile users – a key part of the Facebook business because of the rise of smartphones and tablets – also increased in both monthly and daily terms with 1.15 billion mobile users logging on to the site every day and 1.74 billion each month.</p>
<p>The social network’s founder and chief executive Mark Zuckerberg said: “Our mission to connect the world is more important now than ever.</p>
<p>“Our business did well in 2016, but we have a lot of work ahead to help bring people together.”</p>
<p>Facebook has been criticised in recent weeks over the rise of so-called “fake news”, and whether the site is doing enough to combat the spread of false stories on the platform.</p>
<p>The company is also facing the prospect of a large legal bill after a court in Texas ruled VR firm Oculus must pay game publisher ZeniMax 500 million dollars (£395 million) over lack of compliance with a non-disclosure agreement.</p>
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