Facebook breaks 300m user milestone and Q2 was profitable!

Mark Zuckerberg posted in Facebook blog that "Facebook now serves 300 million people across the world" and most importantly "Earlier this year, we said we expected to be cash flow positive sometime in 2010, and I'm pleased to share that we achieved this milestone last quarter."

This is huge news, since it's been widely speculated that bigger services, such as Youtube and Facebook, are finding it difficult to make profit from ads only with such huge user base hogging resources.

Congratulations Facebook!

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