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Facebook now has one billion regular users

ExclusiveFacebook now has one billion regular users

Social network Facebook has confirmed that one billion people now regularly use the service. It actually passed the milestone figure of 1 billion active monthly users on 14th September.

600 million users currently access Facebook via mobile devices.

Facebook reports quarterly loss but revenue is up

ExclusiveFacebook reports quarterly loss but revenue is up

Facebook has reported financial results for the second quarter of its financial year. This is the first quarterly report since the social network floated on the stock market just over two months ago.

Revenue was up 32% year-on-year to $1,184 million - up from $895 million in Q2 2011 - but net income dropped to a $157 million loss. The loss was mainly due to the cost of staff share schemes; without this, profits would have risen from last year. Around 84% of total revenue came from advertising.

Ofcom research says UK mobile users now text more than they talk

ExclusiveOfcom research says UK mobile users now text more than they talk

The amount of voice calls from mobile phones is falling for the first time ever, according to new research published by UK telecoms regulator Ofcom.

It says the volume of voice calls from mobiles fell by 1% in 2011, while the volume of calls from fixed-line phones dropped by 10%. The average Briton now sends 50 text messages per week; a figure that’s more than doubled in the past four years.

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