In light of its impending multi-billion-dollar IPO, its user base of 900 million and its increasingly sprawling design and user experience, some people have come to believe that Facebook has gone crazy. Excuse me, "cray cray." What's more, even though it's only two-odd years old, Facebook's "Like" button is now ubiquitous on the Webs. But with how quickly these young people are picking up new technology these days, let's be honest, "Liking" things is for old people.
Facebook filed its initial public offering for $5 billion. What makes the company worth so much money? In 2011, Facebook reported having over 845 million active users and raked in revenue of over $3.7 billion. 85% of Facebook’s earn... Read Post
Last month, Facebook drove 160 million visitors and 1.1 billion visits to third-party apps, an increase of 100 million visitors and 780 million visits from the month prior. Thanks to the size of its user base, and the increasing pow... Read Post