Facebook reaches 500 million users

Facebook will announce this week that the social networking giant has reached 500 million members, a gigantic milestone projected for 2010 earlier in the year. As a way to celebrate the achievement, the company will launch “Facebook Stories,” a “visual memorial” to the ways that the site has changed people’s lives for the better. The figures come from Facebook marketing boss Randi Zuckerberg last week, who says while past announcements have just been about the numbers, this announcement will be “about the users.” Facebook Stories will sort user-submitted stories by location and theme. A few of the themes are “finding love” and “natural disasters,” and the stories will be capped at 420 characters, the same as a status update.

http://www.afterdawn.com/news/article.cfm/2010/07/19/facebook_reaches_500_million_users

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