Social Networking In the Black

Social Networking In the Black
technology

Facebook Co-founder and CEO Mark Zuckerberg announced on September 15th that the world's largest social network became "cash-flow positive" in the second quarter, ahead of schedule. Previously, Facebook had said it was targeting profitability "sometime in 2010."

Paloma M. Vazquez
  • 16 september 2009

Facebook Co-founder and CEO Mark Zuckerberg announced on September 15th that the world’s largest social network became “cash-flow positive” in the second quarter, ahead of schedule.  Previously, Facebook had said it was targeting profitability “sometime in 2010.”  The network also announced it crossed the 300 million registered-user milestone.

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