\\
currently reading
MEDIA & TECHNOLOGY, SOCIAL MEDIA

Facebook Tops 1 Billion Users Per Month

via AP, USA Today

Facebook has topped 1 billion users, but the past few months have not been easy.

CEO 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 announce that the social networking site has more than 1 billion active users each month. He thanked users and said that he is committed to making Facebook better.

The Menlo Park, Calif.-based company has had a difficult time of late. 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.”

Last month Zuckerberg gave his first interview since Facebook’s shaky IPO and since that time he’s been working hard to boost confidence among investors and the public.

Zuckerberg told Matt Lauer during the “Today” interview that Facebook’s future is about mobile, an area it’s been criticized for not capitalizing on quickly enough.

Continue Reading

Advertisements

Discussion

No comments yet.

Have Something To Say?

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

GET IT IN YOUR INBOX

Favorite Topics:

The Archives:

%d bloggers like this: