Jun 27, 2017

Facebook hits two billion users

More than a quarter of the world's population now uses Facebook every month, the social network says. "As of this morning, the Facebook community is now officially two billion people," founder and chief executive Mark Zuckerberg posted. The firm's continuing growth will confound critics who have long predicted that the social network's growth would slow down as rivals such as Snapchat stole its users. Earlier this year, Facebook warned that growth in advertising revenues would slow down. Last month Facebook said it was hiring 3,000 extra people to moderate content on its site.

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