Facebook reaches 1 billion users
CBS
Facebook announced Thursday that the social network has over 1 billion active monthly users.
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Chief executive officer Mark Zuckerberg says that the company is going through a bit of a rough patch following its rocky initial public offering.
Zuckerberg updated his Facebook status on Thursday to make the announcement and promote a video to "honor the everyday things that people make to get together and connect."
"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," read Zuckerberg's status update.
Zuckerberg speaks publicly for first time since Facebook IPO
The company has had a difficult time lately. There were trading glitches the day it went public in May and concerns since then about its revenue potential. It's also facing lawsuits from disgruntled shareholders.
Zuckerberg said in a "Today" show interview Thursday that "we're in a tough cycle now and that doesn't help morale, but people are focused on what they're building."
Facebook filed for its IPO on February 1, with Morgan Stanley as its lead underwriter. The Menlo Park, Calif.-based social network trades under the ticker symbol "FB."
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http://www.zdnet.com/uk-considers-facebook-logins-for-access-to-public-services-7000005234/
Um, who makes these decisions? Do they not know how facebook works, or bothered to read the terms of service rights? Does the UK have data privacy regulations or don't they care that a lot of confidential information could be freely given to facebook in the process? Or is the goal corporate domination with all individual government sovereignty destroyed?
I don't know about everybody else, but I never even look at the ads on FB, much less respond to them. The only reason I'm still on FB is because for several news organizations, FB is the only avenue of comment on news articles and Op/Eds.
But even that FB avenue is unnecessary, as many orgs, such as the NY and LA Times, Atlanta Journal/Constitution, and right here at CBS and many others, allow one to comment directly on their sites.
FB is going to go the way of MySpace and the Federalist party: Extinct. People in the US are already getting tired of it, and it's only in other countries that FB is "growing".
It's hard to get a refund when you're the wrong side of being swindled, of course...
Justice and ethics? They ceased being American values some time ago, I fear.
I'm so proud. =P