One billion people logged onto Facebook Monday in new company milestone
One billion people used Facebook Inc. on Monday, marking a new milestone for the company, according to chief executive Mark Zuckerberg. In an announcement on his Facebook page, Zuckerberg said the numbers equate to one in seven people worldwide using the platform Monday. "This was the first time we reached this milestone, and it's just the beginning of connecting the whole world," the post says. In its second-quarter earnings in July, Facebook reported daily active users of 968 million, above 936 million in the previous quarter. Shares of Facebook were down less than 1% in after hours trading Thursday.
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