![Facebook [FB] Passed 400M Users Milestone In Its 6th Anniversary](https://thetechjournal.com/wp-content/uploads/2010/02/facebook_1-150x150.jpg)
World's leading social networking site Facebook, aka FB, has passed its 400 million users milestone in its 6th anniversary. Facebook & CEO Mark Zuckerberg are celebrating its 6th anniversary by…
It would appear that key acquisitions are becoming a regular feature of the tech industry. Facebook is reportedly considering acquiring Titan Aerospace now, a company that makes drones.
PicPlz, one of the popular photo sharing app that is direct competitor with Instagram, has announced that on 3 July, 2012 the service will close down permanently. The close down message is posted on PicPlz.com. Analysts explain the move as an the impact of the acquisition of Instagram by Facebook for $1 billion two months ago.
We have been hearing about Facebook’s IPO for a few weeks now. In what is expected to be the largest public valuation of a tech company, Facebook is hoping to be worth up to a whopping $96 billion! While many prospective investors may be eagerly waiting for this to happen, the good news is that the social network is one step closer to going public from 18th May.
Though Facebook came far later after Twitter, it went on top (current world ranking #2) and surpassed all other websites just like this. May be, Facebook is the second one (Google might be the First one) that grabbed the popularity in a very short time. All over the world, even children are using it specially in US and UK. More than 48% children between 8-13 are fond of using Facebook. Now understood, how Facebook went on top so fast within a very short time!
Facebook is morphing into a central bank, some voices say. Why? Well it all started when the social giant rolled out Facebook Credits – an easy and safe way to buy stuff you like off Facebook. Your money would have been transformed into Facebook Credits and from there on the shopping spree was free to begin.
With the struggle in different countries facebook will finally reach the impressive 500 million user milestone sometime this coming week.
Public attitude toward Facebook has taken a turn for the positive. In fact, the social network is YouGov's top "improving brand" for its BrandIndex numbers in the month of June…