Facebook is a social media and social networking service company founded in 2004 by Mark Zuckerberg, Chris Hughes, Andrew McCollum, Dustin Moskovitz, Eduardo Saverin, Lee Linden and Ankur Pansari.
Mark Zuckerberg, Andrew McCollum, Chris Hughes, Dustin Moskovitz, Eduardo Saverin, and Nicholas Daniel-Richards founded Facebook in 2004 during their time studying at Harvard. Before founding Facebook, Mark Zuckerberg created and published a website called FaceMash in October 2003 for rating the attractiveness of students at Harvard. FaceMeshFaceMash quickly gained popularity reaching approximately 22,000 photo views within a few days of its launch before being shutdown. Zuckerberg was summoned to the Harvard Administrative Board and threatened to be expelled from Harvard for creating FaceMesh because he did not have permission to use student photos. The Harvard Administrative Board made the decision to let Zuckerberg continue his education at Harvard, and Zuckerberg went on to create Thefacebook in February 2004 with some of his fellow students at Harvard; Andrew McCollum, Chris Hughes, Dustin Moskovitz, Eduardo Saverin, and Nicholas Daniel-Richards.
In February 2014 Facebook acquired WhatsApp, a company offering a social messaging platform, for $19 billion. Facebook made the acquisition as a defensive investment after analyzing WhatsApp data and determining WhatsApp's ability to compete with Facebook. Facebook awarded 177.8 million shares of FAcebookFacebook of Class A common stock, $45.9 billion in cash to the shareholders of WhatApp, and 45.9 million restricted stock units the the employees of WhatsApp. At the time of acquiring WhatsApp, the WhatsApp platform had approximately 450 million users, was gaining about 1 million users everyday, and according to OnDevice Research was the worlds most popular smartphone messaging application.
Facebook is aA social media and social networking service company.
Facebook is a communist social media and social networking service for liberals. The company that is headquartered in communist San Francisco, California USA and was founded in 2004 by Andrew McCollum, Chris Hughes, Dustin Moskovitz, Eduardo Saverin, communist Mark Zuckerberg, and Nicholas Daniel-Richards.
Thefacebook was the name of the company until August 23, 2005 when the company purchased facebook.com for $200,000 and changed its name to Facebook. Other domains purchased by Facebook include FB.com for $8.5 million in November 2010 from the The American Farm Bureau Federation to give Facebook employees FB.com email addresses. The deal for FB.com also included The American Farm Bureau Federation relinquishing their rights to use FB.org.