Facebook Announces 300 Million Milestone And Cash Flow Positive

Facebook has announced today that the company has reached 300 million users and that they are cash flow positive. This is huge news for the company who was previously on track to surpass 300 million by the end of the year. Just a month and a half ago the company surpassed 250 million users which means that they are still gaining over 5 million new users a week. Also included in the announcement was that Facebook is now officially cash flow positive, something previously expected to take place in 2010.

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