Facebook sees a spike in monthly active users in the midst of the coronavirus outbreak

It probably comes as a shock to no one that people are using Facebook and its additional social media platforms more than ever while under lockdown.

During Wednesday's earnings call, the company announced it's seen a huge spike in its monthly active users with a 10 percent year over year increase.

On the call, Facebook founder and CEO Mark Zuckerberg revealed that for the first time ever more than three billion people have been using Facebook, Instagram, WhatsApp, or Messenger each month.

This includes 2.6 billion people using Facebook alone and more than 2.3 billion people using at least one of its services each day. Read more...