updated 06:15 am EDT, Wed March 26, 2014
Zuckerberg reveals high user counts of social network in Oculus VR conference call
Facebook has 1 billion monthly active users, an increase from 945 million in December, the company has revealed. Part of a conference call discussing yesterday's announcement of Facebook's Oculus VR acquisition, CEO Mark Zuckerberg revealed the figures for both the social network and Instagram, which has hit 200 million monthly active accounts after reaching 150 million in September last year.
A blog post from the imaging service notes it has also seen a total of 20 billion photographs shared since Instagram began, with both that figure and the increase in users showing considerable growth of the service since it was bought two years ago. The post also discusses the creation of new communities in cities around the world, as well as the success of initiatives such as the Worldwide InstaMeet 8 event in January.
Facebook CEO Mark Zuckerberg
During the conference call, Zuckerberg advised that the high-cost spending spree, consisting of the $2 billion purchase of Oculus VR and the $16 billion WhatsApp acquisition, is an anomaly. "I definitely don't think you should expect us to make multi-billion-dollar acquisitions within a couple of months frequently," said the CEO," These are two kind of rare instances. Certainly the rate will not continue." While he declared WhatsApp and Oculus VR as rare companies that warranted the occasional large purchase price, he warned "that doesn't mean we won't buy a big company tomorrow afternoon."