Wednesday, July 21, 2010

Facebook reaches 500 millions members

Facebook officially reaches over 500 million members. After only six years, Facebook has broken many records and become the most widely used site on the internet. Zuckerberg made an unusual television appearance while being interviewed by Diane Sawyer where he talked about controversial issues such as an upcoming IPO, the Facebook movie, and Ceglia's lawsuit claiming to be owner of 84% of Facebook. Though Facebook is valued at $20 billion, Zuckerberg tells Sawyer that they are running Facebook to serve people, not with the goal of an IPO.

The interview does not talk about Facebook's recent customer satisfaction survey that ranks the company very low--alongside airlines and cable companies, but Zuckerberg and Sawyer do talk about the new Facebook movie, which Zuckerberg says he will "probably" not see

Check out part of the interview and related videos on abc.com http://bit.ly/9Xweq4 and the article on mashable http://mashable.com/2010/07/21/zuckerberg-sawyer/
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1 comment:

Brandee Reed said...

This is interesting to me for a number of reasons.
1- It is so amazing how in most companies how in a sense bitter and unsatisfied they seem about what their creations have become. He definitely seems like he is not that pleased about certain things that have come up with Facebook ie. the movie
2- I think that the site was truly initially created just for the people but when it becomes what is has, there is no choice but for it to accumulate some earnings
3- This makes me think back to Tamara's presentation yesterday about the "Snobster" website. Facebook was very similar at one point. First, it was just Harvard students then it expanded to just college students. Now, college students, moms, grandmoms, dads, kids, teachers and plenty more are on Facebook....what a difference a day or in this case 5 years makes.

July 22, 2010 at 1:33 PM

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