Business Highlights

The Associated Press Published:

Facebook now home to 1 billion monthly users

NEW YORK (AP) -- More than a billion people now log onto Facebook each month to check up on old friends, tag photos of new ones and post about politics, religion, cats or what their kids are doing.

That's double the 500 million it hit in July 2010 . Facebook had 100 million users in August 2008.

The latest milestone amounts to nearly half of the world's roughly 2.5 billion Internet users, as measured by the International Telecommunications Union.

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