National Internet outages in Bangladesh may soon become a thing of the past as recent evidence suggests that the country is no longer reliant on a single submarine fibre-optic cable connecting it to the rest of the world.
As anticipated, Facebook filed its initial public offering late last night seeking $5 billion in funding. Inside its filed prospectus, Facebook revealed some great statistics; like how the company had reached 845 million monthly active users by December 2011 and how they shared 100 billion friendships.
Facebook is set to reach one billion active users by August of this year, according to research from iCrossing. Facebook, comfortably the world's largest social network, currently has in excess of 800 million active users.