Facebook Nears 500 Million Users

Our All Facebook blog is predicting that Facebook will hit 500 million users sometime in June–reminding us that the site is an important destination for digital publishers, despite recent privacy concerns.

Currently, Facebook counts nearly 700 pages dedicated to eBooks. In addition, there are 64 pages about digital books.

Here’s an excerpt: “Before the end of this year, the company should near the 600 million user mark and surpass $1 billion in annualized revenue. While the company still faces some risks from competition, the company will be the sole member of the 500 million user league.

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