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Facebook Passes One Billion Users [ZUCKERBERG VIDEO]

Thompson on Hollywood By Maggie Lange | Thompson on Hollywood October 4, 2012 at 12:54PM

In an interview with Matt Lauer on NBC's Today Show, Facebook's 28-year-old CEO Mark Zuckerberg announced that over a billion people are now using Facebook: "It's just this amazing honor. To be able to come into work every day and build things that help a billion people stay connected with the people they care about .... just unbelievable."
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Mark Zuckerberg

In an interview with Matt Lauer on NBC's Today Show, Facebook's 28-year-old CEO Mark Zuckerberg announced that over a billion people are now using Facebook:

It's just this amazing honor. To be able to come into work every day and build things that help a billion people stay connected with the people they care about .... just unbelievable." 

It's not all good numbers for Facebook.  Zuckerberg noted that after going public in May, when his company was valued at $100 billion, the stock fell to 48% of its IPO price. He seems to have taken it in stride, saying: "Things go in cycles. We’re obviously in a tough cycle now…" 

In hopes of heading toward another upswing, Facebook is currently testing a new way to accrue revenue from the site by allowing users to pay to promote their posts and status updates --they'e banking that $1 to $12 a post is a small price to pay for popularity.

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This article is related to: Facebook, Mark Zuckerberg, New Media & Technology


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Thompson on Hollywood

Born and raised in Manhattan, Anne Thompson grew up going to the Thalia and The New Yorker and wound up at grad Cinema Studies at NYU. She worked at United Artists and Film Comment before heading west as that magazine's west coast editor. She wrote for the LA Weekly, Sight and Sound, Empire, The New York Times and Entertainment Weekly before serving as West Coast Editor of Premiere. She wrote for The Washington Post, The London Observer, Wired, More, and Vanity Fair, and did staff stints at The Hollywood Reporter and Variety. She eventually took her blog Thompson on Hollywood to Indiewire. She taught film criticism at USC Critical Studies, and continues to host the fall semester of “Sneak Previews” for UCLA Extension.