business news in context, analysis with attitude

by Kevin Coupe

Here’s a number that will take your breath away. reports that “Facebook is expected to hit 1 billion users sometime this summer, possibly in August 2012. The new estimate was made by extrapolating the social network’s current grown rate and using a simple process of linear regression on the data from the end of 2008 ... This is likely because the company’s quick expansion in many of its early adopting countries (such as those in North America and Europe) has slowed: most of those countries’ populations interested in social networks are already using the world’s biggest one. Developing countries are now increasing interest as well, however, and are thus keeping the growth more or less steady.”

And here’s the amazing thing. Potentially, they - we - are all connected.

It’s an Eye-Opener.
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