Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

Facebook hits 500 million users

chart_facebook_2.top.gif By Julianne Pepitone, staff reporter


NEW YORK (CNNMoney.com) -- Facebook's population is now larger than that of the U.S., Mexico and France combined.

The world's largest social networking site announced Wednesday that it has hit a widely anticipated milestone, signing up its 500 millionth user.

In a blog post, Facebook chief executive Mark Zuckerberg said he "could have never imagined all of the ways people would use Facebook when we were getting started 6 years ago." In a video message, Zuckerberg thanked Facebook users and told them "you really have created a worldwide movement."

To show off its international reach, Facebook launched a new application Wednesday called Facebook Stories. The app lets users recount their own stories and read others' posts, filtered by theme and geographic location.

The speed with which Facebook hit the 500 million mark is a sign of its accelerating growth. Launched in early 2004, it took Facebook nearly four years to add its first 100 million users, but only five months to add its most recent batch. Around 70% of the current user base for the Palo Alto, Calif., company now comes from outside the U.S. To top of page

Index Last Change % Change
Dow 15,973.84 313.66 2.00%
Nasdaq 4,337.51 70.67 1.66%
S&P 500 1,864.78 35.70 1.95%
Treasuries 1.75 0.10 6.33%
Data as of 5:07am ET
Company Price Change % Change
Bank of America Corp... 11.95 0.79 7.08%
General Electric Co 28.26 0.81 2.95%
Cisco Systems Inc 25.11 0.43 1.74%
Chesapeake Energy Co... 1.59 -0.19 -10.67%
Freeport-McMoRan Inc... 5.53 0.64 13.09%
Data as of Feb 12
Sponsors

Sections

Investors need someone they can bring home to mother instead of bad boys (or girls) that may make their heart beat faster. Boring beats bold in this market. Here are 10 dependable stocks we love. Southwest (ticker symbol: LUV) is one. More

India's finance minister isn't worried about jobs being lost in the country's manufacturing sector despite warnings that industrial robots will dramatically reduce the need for factory workers in coming decades. More

Eastern Illinois University laid off 198 staff members this week, and the college president is blaming the state government. More