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Facebook claims 250 million users
Facebook founder Mark Zuckerberg announced the number of people using the online social networking service has climbed to 250 million. "The rapid pace of our growth is humbling and exciting for us," Zuckerberg said in a message posted at Facebook's official blog. "For us, growing to 250 million users isn't just an impressive number; it is a mark of how many personal connections all of you have made." Palo Alto, California-based Facebook was founded in 2004 and has become the most popular online social networking service, eclipsing News Corporation-owned MySpace. On Monday, it was revealed that a Russian Internet company is offering to buy 100 million dollars worth of stock from Facebook employees in a deal that would value the fast-growing social network at 6.5 billion dollars. The Russian company, Digital Sky Technologies (DST), which invested 200 million dollars in Facebook in May, is offering 14.77 dollars per share of Facebook common stock. The tender offer will close "some time in August," said Jennifer Gill, a DST spokeswoman. Facebook chief executive Zuckerberg said at the time that the decision whether to sell stock was up to employees and that the offer "is recognition of Facebook's growth and progress towards making the world more open and connected." US computer software giant Microsoft bought a 1.6 percent stake in Facebook for 240 million dollars in 2007, a deal that valued the company at 15 billion dollars.
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