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Facebook reaches 1 billion monthly users

The milestone means Zuckerberg has achieved his stated ambition of reaching 1 billion active monthly users just two years and three months after the social network reached the half billion mark. Facebook reached 900 million active monthly users in April. Facebook has recorded 1.13 trillion Likes, 140.3 billion friend connections…

Long-awaited Facebook IPO looms in New Year

Facebook co-founder and chief executive Mark Zuckerberg has deflected talk of going public for years but it looks like it is finally going to happen in 2012. “The Facebook IPO will be the biggest financial event in the tech industry for 2012,” Forrester Research analyst Josh Bernoff said, and one…