Facebook

Facebook

Facebook is an online social networking service founded in 2004 by Mark Zuckerberg, Chris Hughes, Andrew McCollum, Dustin Moskovitz and Eduardo Saverin.

Introduction

Facebook is a online social networking company started by Mark Zuckberberg in 2004. Currently trading on the NASDAQ under the ticker symbol: FB.

Timeline

March 4, 2020

Facebook announces it has canceled this year's F8 conference due to the coronavirus outbreak.

February 25, 2020

Facebook announces that it has acquired Bay Area VR studio Sanzaru Games.

February 14, 2020

Facebook announces that it would allow political campaigns and candidates to pay creators for sponsored content on Instagram and Facebook, so long as the posts follow the company's disclosure guidelines.

February 11, 2020

The Federal Trade Commission announced yesterday that it planned to review past takeovers by five tech giants -- Alphabet, Amazon, Apple, Facebook and Microsoft, with a combined market cap $5.5 trillion -- going all the way back to 2010.

The good news: A federal judge approved T-Mobile's $26 billion acquisition of the SoftBank-controlled Sprint yesterday.

December 18, 2019

Facebook acquires PlayGiga, a Madrid-based cloud gaming startup.

October 2019

Facebook prepares to launch a "news tab" .

September 17, 2019

Facebook released the oversight board which will begin with at least 11 members and is "likely to be 40 members" when fully staffed.

September 6, 2019

Facebook and Microsoft launch Deepfake Detection Challenge

September 5, 2019

Facebook launches dating service in United States.

August 20, 2019

Facebook rolls out tool to block off-Facebook data gathering.

Formerly known as “clear history,” the tool will now go by the slightly clunkier moniker “off-Facebook activity.” The feature launches in South Korea, Ireland and Spain.

June 2019

Facebook announces that it would launch Libra.

May 17, 2019

Facebook bans "inauthentic" accounts targeting Africa.

The people behind the phantom accounts spent around $812,000 for ads between December 2012 and April 2019 and these were paid in Brazilian reais, Israeli shekel and US dollars.

April 30, 2019

Facebook's Meet New Friends now in testing in a few markets before it's rolled out more widely soon.

April 24, 2019

Facebook said yesterday that it expected the Federal Trade Commission to fine it up to $5 billion for privacy violations, Mike Isaac and Cecilia Kang of the NYT report.

Occidental unveiled a $38 billion takeover bid for Anadarko Petroleum yesterday, $5 billion more than Chevron has offered.

No region in the world is perfect," Mr. Fink told a financial industry conference yesterday in the Saudi capital, Riyadh, as he announced that BlackRock would open an office in the country.

March 2019

Zuckerberg announces that Facebook was developing a new messaging platform.

June 2018

Google will pay $217,000 and Facebook will pay $238,000 in response to two lawsuits filed in June that accused the tech firms of not obeying the state law on political-ad transparency, Ferguson said.

2013

In 2013, Facebook acquired Onavo, an Israeli analytics company, announcing that Onavo's tools "will help us provide better, more efficient mobile products.

November 30, 2007

Facebook raises a $60,000,000 series C round from Horizons Ventures and Li Ka-shing.

April 1, 2006

Facebook raises a $27,500,000 series B round from SV Angel, Founders Fund, Greylock Partners and Meritech Capital Partners.

May 1, 2005

Facebook raises a $12,700,000 series A round from Accel Partners, Reid Hoffman and Mark Pincus.

September 1, 2004

Facebook raises a $500,000 seed round from Peter Thiel and Reid Hoffman.

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Facebook Messenger (commonly known as Messenger) is a messaging app and platform owned by Facebook.

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Acquisitions

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People

Name
Role
LinkedIn

Aaron Morris

Investor

Adam Gold

Investor

Adnan Khan

Investor

Agustin Gonzalez

Investor

ajtest account

Investor

Akshay Rustagi

Investor

Alex Fries

Investor

Alexander Davis

Investor

Alexander Wolfson

Investor

Ali Khan

Investor

Alin Skurtu

Investor

Alison Leigh, Ph.D, MFT, Sex Educator, Organizational Psychologist/

Advisor

Allan Kaplan

Investor

Amar Chokhawala

Investor

Amitt Mahajan

Investor

Anand Rajaraman

Investor

Andrea Zurek

Investor

Andrei Miulescu

Investor

Andrew Camel

Investor

Andrew McCollum

Founder

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News

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Description
By Michael Thomsen For Dailymail.com
April 9, 2020
Mail Online
Tyler Littlefield, a software developer based in Boston, has created a database of COVID-19 statistics meant to be accessible to the aid devices used by the visually impaired.
By Ryan Morrison For Mailonline
April 9, 2020
Mail Online
Researchers from Queen's University in Kingston, Ontario used data from 23,000 marijuana users and discovered it is far more addictive than campaigners claim.
By James Pero For Dailymail.com
April 9, 2020
Mail Online
Specifically, the app takes a survey of the user's symptoms to discern whether they have any signs of COVID-19, and then recommends for them to go get testing based on their input.
By Stacy Liberatore For Dailymail.com
April 9, 2020
Mail Online
A new hack can train Apple's Face ID to recognize a user wearing mask. The tutorial shows a user folding a mask in half, laying it on one side of the face and then setting up the biometric system.
Mike Butcher
April 9, 2020
TechCrunch
The UK government is pulling in tech firms to connect isolated residents and patients in care with family and friends via video call devices and services during the COVID-19 crisis. First to join is Facebook, which is supplying up to 2,050 of its Portal video-calling devices for free to hospitals, care homes and other settings [...]
By Stacy Liberatore For Dailymail.com
April 9, 2020
Mail Online
The next Great North American Solar Eclipse will occur on April 8,2024. The event will last 139 minutes with a 100-mile wide path of totality, which is twice as long as the 2017 eclipse.
By Joe Pinkstone For Mailonline
April 9, 2020
Mail Online
The crossing likely occurred when sea levels dropped temporarily, allowing the animals, called Ucayalipithecus perdita, to make the intrepid trip to the New World.
Shawn Knight
April 9, 2020
TechSpot
Facebook may be looking to return to its roots as a platform for connecting college students with each other if a recently discovered experimental feature is any indication.
By Stacy Liberatore For Dailymail.com
April 9, 2020
Mail Online
A drone was spotted flying over the East River Park in Manhattan that chastised pedestrians for walking in groups along a path, as New York City has enforced strict rules about social distancing.
Whitney Phillips
April 9, 2020
Wired
When this is over, a return to "normal" for content moderation would be a huge mistake.
James Temperton, WIRED UK
April 9, 2020
Wired
From an interview with an obscure Belgian doctor to apparent arson attacks in the UK, the unfounded claim that the pandemic is linked to 5G has spread unlike any other.
Adrian Potoroaca
April 9, 2020
TechSpot
Twitter is making a small but significant change in how it monetizes its platform, which involves sharing more of your data with its business partners. In doing so, the company is revealing how it uses that information to advertise on...
By Joe Pinkstone For Mailonline
April 9, 2020
Mail Online
The animal is believed to be a siphonophore which appears to be a single animal but is actually made of several smaller organisms and was found by accident in Australia.
Kaitlyn Wells and Thorin Klosowski
April 7, 2020
www.nytimes.com
Here's how to record abuse without being discovered, safeguard your devices, and, ultimately, protect yourself.
April 8, 2020
BBC News
Campaign for Countering Digital Hate says social networks are "missing a trick" combating the issue.
By Michael Thomsen For Dailymail.com
April 9, 2020
Mail Online
Researchers from MIT have transformed the COVID-19 virus into musical composition that's unexpectedly calming and meditative, based on the virus's core amino acid structures.
Natasha Singer, Nicole Perlroth and Aaron Krolik
April 8, 2020
www.nytimes.com
The features that allowed companies to hop on videoconferences also made it easy for trolls to hijack meetings and harass students.
By Ryan Morrison For Mailonline
April 8, 2020
Mail Online
Experts from the University of Cambridge looked at the effects varying wine bottle sizes had on the amount people would drink in a single sitting while at home.
By Michael Thomsen For Dailymail.com
April 8, 2020
Mail Online
Researchers at Johns Hopkins's Center for Systems Science and Engineering have developed one of the longest running and most reliable COVID-19 tracker, charting the virus's spread.
By Stacy Liberatore For Dailymail.com
April 8, 2020
Mail Online
Although the RT-polymerase chain reaction (rRT-PCR) detection is the 'gold standard' for coronavirus testing, it can produce a false negative if the sample is not taken properly.
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References