Social Media Giants announced on Tuesday through Mark Zuckerberg that it has now it more than 1 billion users which isa remarkable acheivement.

Zuckerberg announced this on his Facebook page and also admitted the social media giants are in challenging times after going public.

"We're in a tough cycle now and that doesn't help morale, but people are focused on what they're building."

"There's 5 billion people in the world who have phones, so we should be able to serve many more people and grow the user base there


Source: http://www.michaelokeje.com/2012/10/facebook-surpasses-1-billion-users.html