Facebook Reaches A Billion Mark


Facebook Inc. reached a new milestone of one billion users on the social network.

Facebook

Mark Zuckerberg, the founder of Facebook said that the company was successful in reaching 500 million users back in July 2010 which had made it the fastest growing website in history. He now has six billion more people in the world to charm into joining Facebook.

Facebook did not mention that this new milestone included fake accounts or not but the company is trying its best to remove them which comprise of 8.7% of its users.

Zuckerberg took to his Facebook profile to announce the milestone and wrote “This morning, there are more than one billion people using Facebook actively each month. If you’re reading this: thank you for giving me and my little team the honor of serving you. Helping a billion people connect is amazing, humbling and by far the thing I am most proud of in my life. I am committed to working every day to make Facebook better for you, and hopefully together one day we will be able to connect the rest of the world too.”

There are over 200 comments on his status and over 580,000 likes. He also posted an add on Facebook which I haven’t had the time to view, but according to the comments it’s a great ad. It talks about the things we have in life that help us connect and get together. Facebook too is like that.Facebook Founder

Zuckerberg says that “We believe that the need to open up and connect is what makes us human. It’s what brings us together. It’s what brings meaning to our lives. Facebook isn’t the first thing people have made to help us connect. We belong to a rich tradition of people making things that bring us together. Today, we honor this tradition. We honor the humanity of the people we serve. We honor the everyday things people have always made to bring us together: Chairs, doorbells, airplanes, bridges, games. These are all things that connect us. And now Facebook is a part of this tradition of things that connect us too.”

The Menlo Park, California company held its IPO back in May and although that was not a huge success the question Facebook is now facing is how to extract value from all these people whom have signed up for free.

Sheryl Sandberg, Chief operating officer of Facebook said that the company is looking at ‘premium services for businesses’ as regards to adding revenue to its stream.

Facebook still has some regions to tap into like China and Russia where the social network is not allowed.

Facebook is currently the third most visited website with 600 million cell phone users.

 

 

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