
Facebook is on a steady rise and it is the most popular web site in US during festive seasons too. Also, these is the first time that Facebook manages to attract more users than Google. The rate at which the Facebook grows is an 185 % per year which is way above the Google measures 9%.
Besides this the measures are calculate only for the domain Google.com so if considering other Google services like Youtube, Gmail etc.. makes Google an bigger competitor. But then Facebook doesn't compete with Google on those fronts. Google already has a couple of entities in the social networking space - most notably Orkut, which is dominant in Brazil and India and is little known elsewhere globally. It also made a recent splash with Google Buzz.
Facebook Claims that it has over 400 million users signed up and these is steady increasing daily. Recently it opened the office in Hyderabad, India to topple Orkut's dominance as the de-facto social network in the country.
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