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Facebook Closing In On 2 Billion Users: What’s Next?

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Facebook has announced that the number of people using the social network each month has increased to 1.94 billion, with almost 1.3 billion using it daily. About a quarter of the world now uses Facebook every month, with the vast majority of new users coming from outside Facebook’s traditional base of North American and Europe.

With Facebook’s user base now larger than any single country on earth, and larger in population than the entire Western world, CEO Mark Zuckerberg has his eyes set on other targets, “With that foundation our next focus will be building community,” the young billionaire said. “There’s a lot to do there.”

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The Silicon Valley tech giant reported profits of over $3 billion in the first quarter, a whopping 76% rise over the previous year. But with most profits attributed to ad sales and an advertising slowdown expected in the next few years, Facebook is looking at other ways to generate revenue, with Zuckerberg hinting at moves into healthcare and TV.

The social networking behemoth has come under attack in recent months for its apparent inability to censor or remove content on the site deemed to promote hate, violence or child abuse. CEO Mark Zuckerberg announced Facebook will be hiring an extra 3,000 staff to moderate content posted to the site.

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