Why is Facebook popular right now?

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They had their developer's conference, F8, in San Francisco on April 21. http://www.facebook.com (as of May 4 at 16:00 UTC)
Category: | Most recent: July 16 at 07:25 UTC | First appearance: October 5 at 17:55 UTC | Last defined: May 4 at 16:00 UTC by @cLickercLoi via Other | Source: Twitter | Permalink
Last verified definition: RTs of @Mashable: "Facebook Now Serving More Than 50 Billion Banner Ads Per Month." (as of May 12 at 16:04 UTC)

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