{"id":42873,"date":"2013-07-25T23:17:04","date_gmt":"2013-07-25T21:17:04","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=42873"},"modified":"2013-07-26T12:36:52","modified_gmt":"2013-07-26T10:36:52","slug":"facebook-we-want-to-connect-everyone","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/internet\/42873\/facebook-we-want-to-connect-everyone\/","title":{"rendered":"Facebook: We want to connect everyone"},"content":{"rendered":"

Having surpassed one billion monthly users in October 2012, Facebook<\/a> founder and CEO, Mark Zuckerberg<\/a> says the company\u2019s goal is to reach everyone.<\/p>\n

He was speaking earlier this week, following an announcement of the group\u2019s financial results for the quarter ended June 2013.<\/p>\n

\u201cThe real goal is to connect everyone in the world and help people map out everything that there is,\u201d Zuckerberg said.<\/p>\n

\u201cReaching 1 billion users was a great first thing to focus on because no one had ever built a service that had 1 billion active people who were signed in and had real identity before. But in a way it’s actually kind of just an abstract, there’s nothing magical about 1 billion,\u201d he said in an earnings call.<\/p>\n

\"Mark<\/a>

Mark Zuckerberg Facebook CEO<\/p><\/div>\n

The world’s biggest social network\u00a0Facebook said roughly 700 million of its 1.15 billion users now visit the service on a daily basis, compared with 665 million at the end of the first quarter.<\/p>\n

Revenue for the second quarter of 2013 totaled\u00a0$1.81 billion, an increase of 53%, compared with\u00a0$1.18 billion\u00a0in the second quarter of 2012.<\/p>\n

Income from operations was\u00a0$562 million, compared to a loss from operations of\u00a0$743 million\u00a0in the second quarter of 2012.<\/span><\/p>\n

Capital expenditures for the second quarter of 2013 were\u00a0$268 million, a 35% decrease from the second quarter of 2012.<\/p>\n

David Ebersman<\/a>, CFO at Facebook said that\u00a0time spent per person on the social network continues to increase. “An aggregate across everyone in our network, time spent on Facebook exceeded 20 billion minutes each day in June,” he said.<\/p>\n

“Overall ARPU increased 25% compared to last year to $1.60 per user for the quarter including a 35% increase in the United States and Canada as well as 30 plus percent gains in all our other regions,” the finance lead said.<\/p>\n

Shares of Facebook, which were priced at $38 in its IPO in May last year,\u00a0rose 19% to $31.65 on Wednesday and an additional 29.61% to\u00a0$34.359 on Thursday on the Nasdaq.<\/p>\n

More on Facebook<\/h3>\n

Facebook and Internet addiction<\/strong><\/a><\/p>\n

Facebook hits 1 billion users<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Having surpassed a billion monthly users, Facebook’s Mark Zuckerberg says the company\u2019s goal is to reach everyone.<\/p>\n","protected":false},"author":9,"featured_media":43007,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9882],"tags":[45,26,1244,917],"class_list":["post-42873","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-internet","tag-facebook","tag-headline","tag-mark-zuckerberg","tag-social-network"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/42873","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=42873"}],"version-history":[{"count":14,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/42873\/revisions"}],"predecessor-version":[{"id":43008,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/42873\/revisions\/43008"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/43007"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=42873"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=42873"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=42873"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}