Facebook now has 901 million monthly active users, 526 million daily users


More than 13 percent of the world’s population is now on Facebook. The social network giant released an updated S-1 filing to the Security and Exchange Commission this afternoon, detailing data from the first quarter of the year. According to the S-1, Facebook currently has 901 million monthly active users — a 33 percent jump from last year.

Of the 901 million users on Facebook, 526 million of them (58.3 percent) use the site every day. That’s a 41 percent increase from the 372 million daily active users (DAUs) that visited the social network as of March 2011. Facebook also says that 488 million monthly active users (MAUs) used Facebook’s mobile apps in March of this year.

The 901 million people on Facebook have created a total of 125 billion friend connections, the company says. And, on average, the total Facebook community produces 3.2 billion “likes” and comments each day.

Facebook growth chart 2012

On the financial front, Facebook says that it earned $1.1 billion in revenue during the quarter ending March 31, a 44.7 percent increase from the same period last year. However, profits are down; Facebook’s net income for the first quarter 2012 came in at $137 million, down 10.7 percent year-on-year.

The update to its S-1 filing is just further evidence that its initial public offering is coming up fast. The company is widely expected to file in mid- to late-May, with some reports suggesting it will officially go public on May 17.

Earlier today, Facebook announced that it plans to purchase 650 patents from Microsoft for about $550 million — patents that Microsoft purchased this month from AOL. Facebook is expected to use its patents to help fight back Yahoo, which recently sued the social network for patent infringement. Yahoo says that the Facebook-Microsoft deal shows that Facebook is weak.

Perhaps. According to Facebook’s S-1 filing, however, the greatest danger to Facebook and Facebook’s investors is a failure “to retain existing users or add new users,” which would “significantly” harm FAcebook’s “revenue, financial results, and business.” But for now, this does not appear to be an area Facebook needs to worry much about.

Emerging Tech

Biologists create a mutant fly with 140-million-year-old genes

It totally sounds like a mash-up of The Fly and Jurassic Park, but scientists really have created mutant fruit flies carrying reconstructed genes from 140 million years ago. Here's why.

Essential is reportedly building an A.I.-powered phone that mimics its user

According to a new report, Essential is working on a new phone. The device will reportedly feature heavy use of artificial intelligence, even going as far as to text people for the user.

Waymo sees improvements ahead as its self-driving fleet logs 10 million miles

Waymo's fleet of self-driving cars has crossed the 10 million-mile mark. The company isn't resting on its laurels; it has outlined the improvements it wants to make over the next 10 million miles.

Google to shut down Google+ after exposure of 500,000 users’ data

After Facebook revealed that 50 million users may have been exposed as a result of a security vulnerability, Google announced it discovered a bug that left 500,000 Google+ users exposed. It will also shut down Google+.
Social Media

Snap a photo to follow a new friend on Instagram with its Nametags tool

Skip the typing and search bar -- Instagram now allows you to add friends using the in-app camera. Nametags are scannable graphics that will lead straight to your Instagram profile.

Facebook’s latest data breach could earn Europeans thousands in compensation

Facebook users in Europe distressed about Facebook's revelation that its latest breach left as many as 50 million users exposed could get some compensation. Facebook also faces a class-action suit and a broader GDPR investigation.

Voice commands could be coming to Facebook Messenger

Thanks to digital assistants, voice controls are becoming commonplace. One day, we may even be using them in Facebook Messenger. The company has confirmed that it is currently conducting internal tests for Messenger voice commands.

Find love with the best LGBT dating apps for iOS and Android

If you're looking to meet someone new, look no further than your phone. Whether it's just a date, or you're looking for something a little more serious, here are the best LGBT dating apps available for Android and iOS.
Smart Home

Creepy or convenient? Facebook’s new Portal smart display follows you around the room

Facebook's Portal devices are video smart speakers with Amazon Alexa voice assistants built in that allow you to make calls between FB friends. The 15-inch Portal+ model features a pivoting camera that follows you around the room as you…

2018's 10 best dating apps to help you find the perfect companion

Everyone knows online dating can be stressful, time-consuming, and downright awful. Check out our top picks for the best dating apps, so you can streamline the process and find the right date, whatever you're looking for.
Social Media

Sick of Facebook privacy scandals? Here's how to protect your personal data

With a number of security scandals in 2018, it has us questioning if we should get rid of Facebook. Here's how to protect your personal data without deleting your account, as well as how to just nuke the thing altogether.
Social Media

These are the best ways to make an animated GIF

Love sharing GIFs with your friends and peers, but wish you could make your own? Here's how to do so in Photoshop, or using a few other methods that don't require you to shell out a premium fee with each calendar year.
Social Media

Instagram says its A.I. can track down bullying in photos

Instagram is turning to artificial intelligence to help it root out bullying on its platform. Following similar efforts to target bullying in comments, the company now has systems capable of detecting bullying in photos, too.
Social Media

Snapchat is using VR to let you step inside its new original shows

Tuning in to your favorite shows not enough? Snap Originals will allow viewers to set into a virtual set. The new exclusive shows debut today with three different shows. Snap Originals are vertical, short, and exclusive to the platform.