Here's a quick reminder just how enormous Facebook is
While there's been a lot of hand-wringing recently about how teens are ditching Facebook, the company still dominates the social media sphere because it's not just one network.
During Facebook's bang-up Q2 earnings, the company shared updates on each of its separate apps that serves as the perfect reminder about just how enormous Facebook is:
That's a 100 million bump for Messenger, a 150 million pop for Groups, and a 100 million surge for WhatsApp since Facebook's last update in March. That's three months ago.
While there's undoubtedly a lot of cross-over in those user bases (and you can't use Groups without a proper Facebook account and Facebook only just made it possible to use Messenger without a main account), Instagram and WhatsApp give Facebook access to younger and international users who might not use the main service.
CEO Mark Zuckerberg told told Wired this spring that those apps are actually growing at a faster rate than Facebook's core app.
Of course, the company paid a pretty penny for those users. Facebook bought Instagram for $1 billion in 2012 and WhatsApp for $19 billion in 2014.
- I spent $2,000 for 7 nights in a 179-square-foot room on one of the world's largest cruise ships. Take a look inside my cabin.
- Colon cancer rates are rising in young people. If you have two symptoms you should get a colonoscopy, a GI oncologist says.
- Saudi Arabia wants China to help fund its struggling $500 billion Neom megaproject. Investors may not be too excited.
- Catan adds climate change to the latest edition of the world-famous board game
- Tired of blatant misinformation in the media? This video game can help you and your family fight fake news!
- Tired of blatant misinformation in the media? This video game can help you and your family fight fake news!
- JNK India IPO allotment – How to check allotment, GMP, listing date and more
- Indian Army unveils selfie point at Hombotingla Pass ahead of 25th anniversary of Kargil Vijay Diwas