News is being reported on the BBC Technology website regarding several aspects of Facebook's growth into a much greater entity. An announcement at TechCrunch 50 in San Francisco, a conference for start ups, reveals another leap in 'active' monthly users of Facebook. The site now has over 300 million users and recently celebrated its 250 million user milestone back in July; it is is being estimated to be gaining around 5 million new users, weekly. Facebook is also reporting that it has begun to generate income, ahead of its schedule, and is expected to begin turning a profit sometime next year. Mark Zuckerberg, founder of the site, commented on this news on a blog post.
"This is important to us because it sets Facebook up to be a strong independent service for the long term, we are succeeding at building Facebook in a sustainable way. We are just getting started on our goal of connecting everyone. We face a lot of fun and important challenges that require rethinking the current systems for enabling information flow across the web."
Facebook's Mr. Schroepfer has said that the company has worked hard to get more money flowing in than out. "The growth of the network has certainly helped us go cash-positive and the engineering team has done a lot of innovation on our ad products, as our business is primarily advertising-funded."
Nick O'Neill of AllFacebook.com has also commented on this news, stating that he believes that if the company can cover the cost of scaling to one billion users and maintain itself, there is no reason as to why billions cannot be earned from the website.
Before recently, I hardly ever got any issues.
The lite version works great on mobile stuff like an iPhone or Zune HD.
Before recently, I hardly ever got any issues.
The lite version works great on mobile stuff like an iPhone or Zune HD.
Anesthetics, eh?
Still, I know what you mean but I haven't seen any issues. I use FB Purity in Firefox to block all the quizzes and other spam so I have a pretty clean page. The browser on my Pre renders the full page well and even works with the chat. I haven't really bothered with the lite version yet.
Hehehe, I guess they introduced them to make the Facebook experience a little less painful
They still don't. Income != profit.
On top of that, "may generate income" still leaves it two levels removed from making an actual profit.
It takes money to make money and if you think of how much the infrastructure costs bandwidth, servers, office lease etc if that is now paid back they start operating at a serious profit.
I think they make much more than they let on. giving the only way they can make more is to advertise more (diluting their customer base so people get p***d off ala myspace) or charge which would cripple them entirely
No?.... Just me then...
No?.... Just me then...
Don't be a *****, be a dick.
No?.... Just me then...
No, not at all. Because merely looking at an ad, just letting the photons from a banner hit your retina, does not generate any revenue for the site either.
I think sites should set up a dedicated ad page, and encourage regular visitors to go to it once a week and click a few. I would have no problems with that.
I thought I was the only one with the Chat problem. It's bloody awful! It'd be nice if MS had a Web Messenger app for FB that would allow me to talk to my friends via Messenger while logged in.
As far as revenue goes, I would GLADLY pay $5 per month for a Pro account if Facebook could provide advanced privacy and filter controls. I am sure there is a big market for that.
Commenting has either been disabled on this article or you are not logged in. Click here to login or register, its free!
Note: Anonymous commenting is disabled in order to keep the quality of responses to a high standard.