Media News - Friday, October 05, 2012
Facebook passes one billion user milestone
Facebook has passed the one billion user milestone underlining the
dominance of the site in the social media market. Founder and chief executive Mark Zuckerberg revealed the figure in a
post on the site on Thursday morning. The firm revealed the figure was officially hit on 14 September, and
that to date some 219 billion photos have been uploaded to the site.
The announcement is a significant milestone in the company's history but
comes as it struggles to reignite early fervour around the firm after a
disastrous flotation on the stock market.
Much of its initial value has been wiped off after the share price
plunged in opening weeks due to concerns around its mobile performance
and rumours of alleged insider knowledge being given to banks ahead of
the launch. Earlier this year, the firm revealed it had passed 900 million members,
underlining the speed of its growth, although almost 100 million of the
profiles were revealed to be a fake in a later filing by then firm.
It's not clear from the update from Zuckerberg if the one billion figure
includes these accounts or how active the entire user base on the site
really is. (V3.co.uk)
Subscribe
Join our Media News mailinglist with over 12.000 subscribers.
Search archive
The Media News archive contains over 15.000 items so it is advised to narrow your search.
Time Machine
| May 2013 | ||||||
|---|---|---|---|---|---|---|
| S | M | T | W | T | F | S |
| 1 | 2 | 3 | 4 | |||
| 5 | 6 | 7 | 8 | 9 | 10 | 11 |
| 12 | 13 | 14 | 15 | 16 | 17 | 18 |
| 19 | 20 | 21 | 22 | 23 | 24 | 25 |
| 26 | 27 | 28 | 29 | 30 | 31 | |
Syndicate
Popular articles
- WikiLeaks announces partnership with Brazilian investigative journalism center
- Acclaimed photo was faked
- Euronews launches Arabic feed
- Iran: Leading women’s magazine forced to close
- US: Nonprofit website plans watchdog journalism for Orange County
- New website reaches out to EU Neighbourhood Journalists
- Internet censorship plagues journalists at Olympics
- Sweden: Tax on press advertising to be abolished
- MySpace opens doors to developers MySpace webpage
- Startup lets public test conversational Web search