Facebook grows and makes money

[David]

Story

"The world's largest social networking site just got bigger with the announcement it has 300 million active monthly users from around the globe. ..."

Interesting enough Facebook is trying to take over Twitter as well. They have recently added the '@' feature so that you can 'tag' your friends in any post you make with it.


Also,

"...Facebook also revealed that it has started making money ahead of schedule.

The company had not expected to start turning a profit until sometime in 2010. ..."

I wonder what they will do with this profit and how much they will actually put back into the site and service?

[Rei Hino]

You never know.. Facebook beats MySpace anyday.

I just hope Facebook never turns into a pay site.

[David]

Yeah, I agree with MySpace sucking .. lol ... I do too hope they don't turn into such a site but I don't think they will. If they are already turning a profit a head of time why change the business outlook for a more than likely worse situation?

[solaris]

Eh, Myspace aint that bad. Although lately I've been using Twitter and Facebook for my forum.

[Sayf Udeen Ismaeel]

Sept 16, 2009 20:44:51 GMT -5 Rei Hino said:

You never know.. Facebook beats MySpace anyday.

I just hope Facebook never turns into a pay site.

I doubt it will turn into a pay site.
They'd probably lose out as a result.

[azza12342]

I think Myspace is better than Facebook but it depends on users choice. Facebook will never become a paid site because they would lose all their members, no-one is going to pay for it, they will just go to Myspace.

Surprised they are earning a profit so early, goodjob Facebook .

[Xarver]

I know some people who use Facebook.
They say it's fun, because there's all these apps and quizzes to take.
Myspace is old, most people say.

But I like Twitter.