30,000 Businesses Now Use Facebook, Inc.'s Workplace
It's now been one year since Facebook's (NASDAQ: FB) official launch of its platform for workplace collaboration. With Facebook often viewed as a place of distraction -- not productivity -- some investors may have been skeptical about how businesses would embrace the new platform. But an update from Facebook this week on the workplace collaboration platform's adoption with customers highlights a promising start.
Workplace, as Facebook calls it, has more than doubled in size in the last six months and some major companies have joined its ranks recently. And topping off its recent momentum, Facebook launched some major new features for Workplace this week, showing the company's commitment to continue investing in the platform.
Source: Fool.com
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