Facebook's revenue in the final three months of 2012 has gone up 40% compared to 2011 - to $1.585 billion. The firm's latest financial report shows daily active users at 618 million on average in December, with monthly active users at 1.06 billion.
Facebook Inc CEO Mark Zuckerberg has said the company expects to grow its headcount in 2013, as it invests in new products.
Zuckerberg said the world's number one social network will be focused on building the business for the long-term and will not be operating to maximise profit in 2013.
The announcement comes as it is was revealed that Facebook's revenue in the final three months of 2012 has gone up 40% compared to 2011 - to $1.585 billion.
The Democratic presidential candidate may also have shown his cards on his choice of running mate.
The US president also shared a post on Twitter accusing Dr Anthony Fauci of misleading the public over hydroxychloroquine.
Fears over an impending second wave of coronavirus dominates Wednesday’s front pages.