Facebook passes 500-million-user threshold

July 19, 2010 3:58:09 PM PDT
Facebook has reached a major milestone. Last weekend, the social networking site crossed the threshold of 500 million users.

The website is expected to celebrate with a special feature called "Facebook Stories," which is a section full of user stories about how Facebook changed their lives, like getting in touch with long-lost friends or finding true love.

The stories will have to be short.

They'll be capped at 420 characters, the same limit put on status updates.