Facebook's 500 Million User Announcement Appears Imminent

As we wrote a few weeks ago, Facebook should announce the 500 million milestone around “mid-July”. It appears that we were pretty spot on. Facebook has sent out an email to Facebook employees, new and old, to thank them for their contributions as they prepare to announce the 500 million milestone and asking them to upload photos to thank users. We’ve also been told by a source close to the company that the new tab designs will be rolled out on August 1st, soon after the 500 million user milestone is marked.