Wednesday, July 21, 2010

Facebook Hits 500m Users

Facebook says the social networking site now has 500 million users, 100 million of which have registered just this year. Experts say word of mouth is what has prompted Facebook's growth, and that the social network is "almost guaranteed" to reach one billion users.

MySpace, formerly the most popular social network, has an estimated 65 million users. While MySpace remains Facebook's primary competitor, the two are aimed at different audiences; MySpace is for kids, while Facebook is for their parents. Bebo has given both networks little competition. Twitter is the only real competition Facebook faces, and Twitter is not really a social network.

© C Harris Lynn, 2010

No comments: