Home From the Wires Facebook joins Fortune 500

Facebook joins Fortune 500

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Monday, May 06, 2013

USA Today: Facebook joined the Fortune 500 for the first time, due to its rising revenue.

Facebook entered the list at 482nd with revenue of $5.1 billion, coming in just after cellphone carrier MetroPCS being bought by T-Mobile and just ahead of utility Pepco Holdings.

The list, though, also serves as a big reminder of how relatively small Facebook is given the inordinate amount of attention it gets.

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