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Facebook Reaches 500 Million Milestone

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Facebook has reached the 500 million member mark, the social networking site has announced. This means that very nearly one third of the world’s internet connected population has registered for the site.

Facebook’s founder and CEO Mark Zuckerberg made the announcement yesterday evening on Facebook’s blog.

“This is an important milestone for all of you who have helped spread Facebook around the world. Now a lot more people have the opportunity to stay connected with the people they care about,” Zuckerberg wrote.

According to Clickymedia, the UK now has over 25 million active accounts, and there are over 110 million active users in Europe.

By any standards this growth rate is pretty remarkable considering that the site only launch on 2004 and that it only reached the 400 million mark last February.

Facebook has successfully weathered challenges from the likes of Twitter and concerns over its approach to privacy, to remain at the top of the social networking pile, and from its growth rate it doesn’t look like it’s looking to slow down any time soon.
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In a video on the Facebook blog Zuckerberg commented that, “Half a billion is a nice number but the number isn’t really what matters here, what matters is the stories we hear from all of you about the impact your connections have had on your lives”.

Zuckerberg then announced a new service called Facebook Stories, a place on the site that users can share their own Facebook story and read others from around the world, categorised by location or theme.

That said, we imagine that Facebook has its eyes firmly locked on that one billion mark milestone, no doubt with emerging markets such as India and China top of the agenda.

Are there any TrustedReviews readers that have held out and not registered for Facebook, or is is part and parcel of your lives? Let us know in the comments.

Link: Zuckerberg Blog Post

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