With its users reaching the figure of 300 million, Facebook is definitely in a position where it might not feel any great challenge from other social networking sites. Facebook has become a dominant name in social networking arena, but how long Facebook will remain so?

The answer could be that Facebook is going to rule the world of web for a long time to come, it is the hottest brand of internet at this time, earning huge revenues from internet by offering different interesting and easy to use social networking tools, and is currently ahead in its competition with rival Twitter.

As the investments coming to flow in for Facebook, its subscribers are multiplying day by day, and according to some recent reports, Facebook has achieved some of its revenue targets in the current year which were set to be achieved in 2010.

It was unpredictable five years back that Facebook, which was started from a dormitory room, will become most favorite site on internet and will rule the hearts and minds of internet users. Facebook is continuing its efforts to launch new services and revamp it current service like it has just revamped its search features.

By considering these facts, we can easily come to a conclusion that Facebook is currently in a very solid position and poised for a further rapid growth, and it might challenge big names like Google and Yahoo in future also.