- 955 million monthly active users, up 29% year-over-year.
- 552 million daily active users, up 32% year-over-year.
- 543 million users, up 67% year-over-year.
Sales and earnings
- Total revenue: $1.18 billion, up 32% from $895 million in the second quarter of 2011.
- Revenue from advertising:$992 million, up 28% from last year.
- Payments and other fees revenue for the second quarter was $192 million.
- Costs and expenses: $1.93 billion, up 295% from the second quarter of 2011.
- $743 million GAAP loss from operations, compared to income from operations of $407 million a year earlier.
- Excluding share-based compensation and related payroll tax expenses, $515 million in non-GAAP income from operations, compared to $477 million in the second quarter of 2011.
- $157 million GAAP net loss compared to $240 million in net income in the second quarter of 2011.
- Capital expenditures: $413 million, up 213%
- Cash and marketable securities: $10.2 billion, including $6.8 billion in net proceeds from Facebook’s initial public offering.
Updates from amateur comedians, professional C-listers, and the rest of the obnoxious self-publishers in the Twitterverse (who often use the word Twitterverse). We’re talking to you, mom
We’ve already seen a number of ways to connect physical objects to the digital world, by attaching QR code stickers or assigning items a unique digital identity. Now Finnish app Grafetee aims to provide a platform to bookmark real-world locations for later reference and share them with friends. READ MORE…
YouTube users are now being prompted to provide their real names in lieu of aliases as it tries to legitimize its social self.
If Facebook knows anything, it’s that real names are a valuable commodity. Unlike blogging communities or early stabs at social networks, the platform has always made using your real name a requirement for having an account.
The internet, visualized as its major data cable networks.
Here is what the Internet looks like: not a series of GIFs or a video of surfing goats, but a spindly collection of fiberoptic cables. The Internet, as a physical thing, actually looks a lot like a series of tubes.