Number of people using Facebook reaches 2 billion

Janie Parker
June 28, 2017

Facebook founder Mark Zuckerberg compared his social media platform to church groups in a recent speech. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Facebook CEO Mark Zuckerberg had revised the online social network's mission statement - saying its all about community.

Mr. Zuckerberg spoke to a Chicago audience on June 22 about his plan to use Facebook's cultural reach to shape communities. Zuckerberg says he now considers those admins as important to Facebook as its software developers and advertisers.

The company said in May that duplicate accounts, according to an estimate from past year, may have represented some six per cent of its worldwide user base.

At Facebook, mere "sharing" is getting old.

Mark Zuckerberg had a choice to make this week.

Zuckerberg stopped in Minnesota on Thursday and Iowa on Friday.

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Facebook, Inc. has a 12-month low of $108.23 and a 12-month high of $156.50.

Facebook (NASDAQ:FB) last issued its quarterly earnings data on Wednesday, May 3rd. Facebook had a return on equity of 20.27% and a net margin of 36.45%. During the same quarter in the previous year, the business earned $0.77 earnings per share. The company's revenue for the quarter was up 49.2% compared to the same quarter past year. If you would like to discuss another topic, look for a relevant article.

As reported by Bustle, Zuckerberg has already spent time in "crucial presidential primary states" this year, including "Ohio, New Hampshire, South Carolina, and Iowa, amid a broader tour of the country".

However, so far in 2017, the social media network's stock is up 30.9 percent. For that reason, Facebook employs the use of AI to help make better group recommendations to its users. If the teenaged social network isn't as cool to teenagers any more, it's not showing in the big metrics. (As an oft-repeated saying in the tech industry has it, "if you can't measure it, you can't manage it.") And what Facebook aims to maximize is the time people spend in its online groups.

To celebrate the milestone, Facebook is set to share several personalized experiences over the coming days. It could even be a place to buy and sell. The company presently has an average rating of "Buy" and a consensus target price of $164.40. We're not done yet and we will continue working to give people a voice and help people connect", Zuckerberg said on his own Facebook page.

When Zuckerberg first invented Facebook, although it started as a way for college students to connect, he had hopes it would be a way for the entire world to connect.

Other reports by TheDailyFarc

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