Facebook Membership Hits 250 Million

Facebook Inc. now has 250 million users, company founder and CEO Mark Zuckerberg said in a blog posting today.

The Palo Alto, Calif. social networking giant passed the milestone just a month after it officially topped MySpace as the most visited social site in the United States. Facebook already had more traffic internationally.

Facebook does not disclose revenue, but has said it expects to grow 70 percent this year. Board member Marc Andreessen recently said that Facebook could grow revenue from more than $500 million this year to billions within five years.

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