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Facebook reaches milestone: 200 million users
Published in Saudi Press Agency on 09 - 04 - 2009


Five years after it was founded in a Harvard
dorm room, the online social networking site Facebook has registered
its 200 millionth user, dpa quoted the site as confirming today.
"Growing rapidly to 200 million users is a really good start, but
we've always known that in order for Facebook to help people
represent everything that is happening in their world, everyone needs
to have a voice," said Facebook founder and CEO Mark Zuckerberg.
"This is why we are working hard to build a service that everyone,
everywhere can use, whether they are a person, a company, a president
or an organization working for change."
The company is considered to be the largest social networking site
on the internet, dwarfing the 130 million members affiliated with
rival site MySpace.com.
Facebook says that 100 million users visit the site every day, and
users have an average of 120 "friends" on their networks. The service
is available in 40 languages, with 70 per cent of its users outside
the US.
Facebook is also one of the largest privately-held companies
active on the internet and has reportedly repeatedly rebuffed buyout
offers from web giants like Google, Yahoo and Microsoft.
In 2007, Microsoft invested 240 million dollars in the site in
2007 in return for a 1.6 per cent equity stake in a deal that valued
Facebook at approximately 15 billion dollars.


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