Facebook has been pushing hard on its mobile strategy. Photograph: Karen Bleier/AFP/Getty Images
Facebook bobbed above a $100bn market capitalisation for the first time on Monday, almost exactly one year since its record low.
Last week, Facebook's stock rose to $38 its IPO value for the first time, and on Monday it closed at $41.34, bringing the company's value by market capitalisation to $100.6bn.
Coincidentally, Monday also saw the end of a protracted court case in which Facebook will pay a $20m settlement to users who objected to their information being used as part of advertiser promotions.
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