Facebook Hits the Big 3-0-0

I’m a few days late sharing this, but I thought I’d finish a Facebook-centric Friday with this update. This from Online Media Daily:

Facebook today announced cracking 300 million users worldwide and becoming “cash-flow positive.” The world’s largest social network had set a goal of being cash-flow positive sometime in 2010. “I’m pleased to share that we achieved this milestone last quarter. This is important to us because it sets Facebook up to be a strong independent service for the long term,” wrote Facebook co-founder and CEO Mark Zuckerberg in a blog post.

Earlier this year, Zuckerberg also said the company expects to see 70% year-over-year revenue growth in 2009. Facebook board member Mark Andreessen recently estimated the company would hit $500 million in revenue this year.

The site continues to expand its audience at a torrid pace, adding 50 million users just since July and doubling in size since the start of 2009. About 70% of its users are outside the U.S.

Here are some interesting stats from eMarketer on the most current demographic breakdown of Facebook users.

If time wasn’t already flying past quicker than I can believe, this just added some dizzying acceleration. I remember doing a series of social media lunch and learns in March and April trumpeting Facebook’s ascent past the 175 and then 200 million-user mark. Here we are a mere five months later and 100 million users deeper.

I guess I have to start my Christmas shopping and get ready for the 350 million mark. Both will be here before I know what hit me.


Quests for Quantum

One technology quietly sliding from the realm of science fiction to science fact is quantum computing. This article from Singularity Hub speculates on the fields that stand to be most profoundly impacted by the rise of this powerful new way to process our world.

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Interstellar Travel by 2037?

Think about how dramatically different the world is today from 20 years ago. Consider the incredible pace of evolution of the technologies around us. Do that and you may realize that interstellar travel in the next 20 years may not be such a longshot. (It may just look different than you’re envisioning.)

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Video To Go

According to The Ooyala Global Video Index Report, more than 50% of all video plays were on mobile in 2016 for the first time; that number is expected to rise to 60% in 2017.

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