This week was yet another big week for Facebook with the company reaching new milestones, employees leaving, and the official launch of status tagging. I’m also proud to introduce a new feature of our weekly roundup: a stop motion video produced by my sister, Megan O’Neill. This new addition is a complete experiment so let us know your thoughts on the new weekly video!

Facebook Reaches 300 Million Users
This week Facebook announced that they officially crossed the 300 million user threshold, increasing the rate of growth to record levels. In addition to crossing this significant milestone, the company announced…

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Facebook has announced today that the company has reached 300 million users and that they are cash flow positive. This is huge news for the company who was previously on track to surpass 300 million by the end of the year. Just a month and a half ago the company surpassed 250 million users which means that they are still gaining over 5 million new users a week. Also included in the announcement was that Facebook is now officially cash flow positive, something previously expected to take place in 2010.

That Facebook is able to continue this growth and build…

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Under a month after writing about Zynga surpassing the 60 million user mark, the company has now grown beyond 80 million monthly active users. A large portion of Zynga’s success is a result of their FarmVille application which is about to become the largest application on the platform at some point next week. While some companies have developed highly successful applications (LivingSocial was the largest application on the platform ever), no companies on Facebook have as large of a portfolio as Zynga does.

They have almost doubled the size of their closest competitor (Playfish) and are simply dominating the platform.…

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Two weeks ago I wrote about Zynga surpassing 60 million monthly active users on Facebook. As of today the company now has over 72 million monthly active users and has the top application on the platform based on daily active users. FarmVille, an application which duplicates many of the features of the second most popular application, Farm Town, has now surpassed 5.3 million daily active users. Growth doesn’t appear to be slowing which isn’t surprising since the company has invested over $1 million in promotion alone.

With almost 50 percent growth in under a month, one has to wonder if…

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Zynga has been expanding the gap between them and competing developers now with over 60 million monthly active users when adding up the users across all their games. Playfish, the second largest application developer, has 35 million monthly active users, an impressive number however it’s still far from 60 million. So how does Zynga have such a dominant position on the platform?

The primary reason Zynga has such a dominant position is that they have 34 games, the top three of which add up to almost 40 million monthly active users alone. Not surprisingly, the company’s fastest growing game is…

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Today Facebook officially announced that they have surpassed 250 million users. We had projected that this milestone was crossed a couple weeks back but as of today it has become official with a blog post from Mark Zuckerberg. The company continues to grow at an amazing pace and now dominates just about every other social network on pretty much any metric.

With the company surpassing 225 million users just a few months ago, the company is well on track to surpass 300 million before the year is over. With a new round of funding and some employees who have decided…

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According to analytics company Compete.com, Facebook has posted another month of growth, reaching over 122 million monthly U.S. visitors. Also interesting is that MySpace appears to have attracted more users to their site than at any point in the past 11 months. Twitter also appears to have continued its growth trend, growing to 22 million visitors in the past month just within the United States. Despite the microblogging platform’s continued domestic growth, Facebook growth has not begun to slow, making it the third most popular site in the United States according to Compete.

The data from Compete also suggests that…

Today there has been a fair amount of buzz today about Marc Andreesen’s comment, stated during an interview about his new venture fund, that Facebook should surpass $500 million in revenue this year. It’s not quite a surprise but what’s more interesting is that the company is on the fast track to billions while Twitter, the thorn in Facebook’s side, has yet to bring in any substantial revenue although a few initial advertisers have been buzzed about.

As I previously wrote, Twitter needs to implement Facebook Connect, not only to continue increasing their user base but also the potential for…

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