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Facebook Reaches 300 Million Users, Becomes Cash Flow Positive and Launches Prototypes


Facebook has made a few important announcements at TechCrunch50. It announced that it had reached an important milestone: 300 million users. Facebook was already the largest social network and it continues to extend its lead over MySpace and other networks. Also, Facebook is now cash flow positive, something that was not expected until 2010, according to TechCrunch. This means that it either saw an unexpected increase in its revenue or that its cash outflow has decreased.

Also announced was the launch of Facebook Prototypes, Facebook’s equivalent of Google’s Google Labs, which allows users to experiment with new features that have yet to be officially integrated into Facebook. Prototypes will allow Facebook developers to release new features faster than before, even if these features are not completely bug-free and if they do not appeal to all Facebook users. By default, Prototype features are disabled for your account and you can manually enable the features you would like to use.

If “Prototypes” is not showing up for you on the Applications page, try going here and then clicking “Browse More Prototypes”. I had to do this before it showed up for me on the Applications page.

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