Tuesday, 9 October 2012

Facebook crosses billion threshold in September, on quest for growth

NEW YORK/SAN FRANCISCO. Thu Oct 4, 2012 – Facebook Inc passed the 1 billion user mark in September, a level of global penetration that is a remarkable achievement for an 8-year-old social network and a heightened challenge to its quest for sustained growth.


Facebook, which has endured a bruising four months in the stock market since a haphazard May 18 initial public offering, has acknowledged that a slowdown in new-user acquisition is inevitable as its worldwide reach expands.

But

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