mr. descalzi. we were about to talk about some of the assets that they may have to sell off or at least restructure in other parts of the world. we will try to get back with claudio descalzi shortly on the phone. went: he said that they first. do you feel vindicated? he says, i don't feel vindicated. he said, we went first, it was the right move, and it gives them freedom. francine: up next, how facebook's spending spree overshadowed strong revenue growth. ♪ francine: welcome back to "the pulse." we are live on bloomberg tv and radio. manus: facebook reported their earnings and the social network has continued to grow in users and revenue. profits took a tumble following a sharp increase in cost. the revenue numbers versus the expenditure. caroline hyde has the breakdown. caroline: it was a beat looking at most of the metrics. we are seeing stellar growth in terms of sales and the amount of people joining facebook. sales up 39%. we've seen quarterly revenue above $4 billion. active users up 13%. bi