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Facebook Celebrates Turning 12 Today (cnbc.com)

12 years ago today, Mark Zuckerberg launched Facebook, and since then the site has grown at a nearly unbelievable pace. Now, with about 1.6 billion monthly active users, Facebook makes an average of $3.73 in revenue per user worldwide. And as the company continues to grow, engagement is only getting higher. According to an analysis by CNBC, users spend an aggregate of 10.5 billion minutes per day on the social media platform -- that's around $3.5 trillion in squandered productivity, by their estimate. Facebook is celebrating its birthday by marking today "Friends Day" and adding personalized videos to each user's account showing their best moments with friends, or at least what Facebook's algorithms think are the best moments. (Users can opt to share the video or keep it private.) The company's also announced an updated degrees-of-separation metric to make it easier to connect with other users.

2 of 153 comments (clear)

  1. Re:Celebrate? Lets mourn our privacy. by ArchieBunker · · Score: 3, Informative

    Facebook gets its content from users. Blame them. This is what the public wants.

    --
    Only the State obtains its revenue by coercion. - Murray Rothbard
  2. Re:Happy birthday social media? by Anonymous Coward · · Score: 0, Informative

    Actually you can tell from the wording that this person is in their late twenties to mid-thirties and is very angry at the early twenties females that he is unable to get attention from. These are the people he pictures when he crunches his face as the term SJW enters his mind.

    Fun fact, any time you see a TLA used, especially to represent a class of people or a political point of view, it is almost always a privileged male, and their constant use of TLA informs you that they are both stupid and ignorant, and can safely ignore anything else they say because there is no thought or content behind it, it's just soundbites. It's not at all a coincidence that both TLA and soundbites are shortening of something until it loses all meaning or very often adopts a new, even opposite meaning.