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Social Networking Giant Facebook Hits 2.38 Million Users

Facebook Stories hit 300 million daily user milestone back in September, said the report

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A photo shows the Facebook app icon on an iPhone in New York, Feb. 19, 2014. VOA

Social media giant Facebook’s monthly active users (MAUs) grew 8 per cent year-over-year MAUs to reach 2.38 billion at the end of first quarter of this year while the number of people using Facebook Stories hit 500 million every day.

The platform saw the same rate of growth in daily active users, Facebook said in its earnings statement late Wednesday.

“Daily active users (DAUs) – DAUs were 1.56 billion on average for March 2019, an increase of 8 per cent year-over-year,” the statement added.

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FILE – The Facebook logo is seen on a shop window in Malaga, Spain, June 4, 2018. (VOA)

“In addition, we estimate that more than 2.1 billion people now use Facebook, Instagram, WhatsApp or Messenger (our “Family” of services) every day on average, and around 2.7 billion people use at least one of our Family of services each month,” Facebook added.

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On an call with investors following the company’s first-quarter earnings report, Facebook CEO Mark Zuckerberg revealed that 500 million use Facebook Stories every day, The Verge reported on Wednesday.

Facebook Stories hit 300 million daily user milestone back in September, said the report. (IANS)

Next Story

Facebook Announces Some New Features to its Video Capabilities

For page administrators, the social media giant is adding two new metrics to the Creator Studio, which lets seeing how many watched at least 60 seconds of a Party video

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FILE - Attendees walk past a Facebook logo during Facebook Inc's F8 developers conference in San Jose, California, United States. VOA

Aimed at video creators and publishers, Facebook has announced some new features to its video capabilities and now publishers will have more tools to use with its Watch Party and Creator Studio tools.

The social networking giant made the announcement during a session at the International Broadcasting Convention (IBC) taking place here.

For Live Videos, the company will expand the features available to Facebook Pages to encourage live broadcasting by professionals on its social network. It will be easier to simulate and test broadcasts with Live API, which can be now restricted to that page’s team, including administrators and editors, 9to5Mac reported on Monday.

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The Facebook mobile app on an Android smartphone. Wikimedia Commons

For page administrators, the social media giant is adding two new metrics to the Creator Studio, which lets seeing how many watched at least 60 seconds of a Party video.

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In terms of live video, Facebook says it listened to feedback from those who have been broadcasting live on its platform, and is now rolling out several highly requested features to Facebook Pages (not Profiles), according to TechCrunch. (IANS)