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.

800 Languages, 1 Typeface

Fascinating case study about Google and Monotype’s collaboration on Noto – an incredibly ambitious project to create one master typeface that can display on any device, any medium, in any language or writing system.


Drone on the Farm

A report from the Association for Unmanned Vehicle Systems International predicted that the legalization of commercial drones would create more than $80 billion of positive economic impact (i.e., revenue and job creation) between 2015 and 2025. The predicted biggest piece of that growth? Agriculture.


Ready for Smart Tattoos?

MIT Media Lab, in partnership with Microsoft Research, has unveiled DuoSkin, a project that uses temporary tattoos as connected interfaces that can be used in a variety of ways.