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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 Li Ka-shing and Horizons Ventures.

April 1, 2006

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

May 1, 2005

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

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 Stacy Liberatore For Dailymail.com
April 2, 2020
Mail Online
Apple's latest patent is for a camera app that speaks to users in order to help those who are visually impaired snap the perfect photo. It tells users where faces are in the frame, allowing them to adjust.
Kevin Roose and Matthew Rosenberg
April 2, 2020
www.nytimes.com
How Dr. Vladimir Zelenko's claims for his coronavirus treatment spread from a New York village all the way to President Trump.
Sam Wong, Adam Vaughan, Conrad Quilty-Harper and Layal Liverpool
April 1, 2020
New Scientist
The latest coronavirus news updated every day including coronavirus cases, the latest news, features and interviews from New Scientist and essential information about the covid-19 pandemic
By Michael Thomsen For Dailymail.com
April 2, 2020
Mail Online
The government of Quebec is developing a fleet of airships to deliver goods to the province's often difficult to reach northern territories with an energy efficient alternative to cargo planes and ships.
By Stacy Liberatore For Dailymail.com
April 2, 2020
Mail Online
Pink jellyfish are invading one of the Philippines most visited beaches. The country is under lockdown due to the coronavirus and the creatures are flourishing without humans cluttering the beaches.
By Stacy Liberatore For Dailymail.com
April 2, 2020
Mail Online
The skeletal remains of a shipwreck trapped in the coastline of Maine has been identified as the 'Defiance', a British ship that was lost in 1769 during the Battle of Yorktown.
By Jonathan Chadwick For Mailonline
April 2, 2020
Mail Online
The herbivorous European cave bear likely went extinct because of an inability to chew meat when vegetation was sparse during a severely cold period in Earth's history, a study suggests.
IANS
April 2, 2020
The Hindu
According to outage tracking website Downdetector, people across the reported problems with the platforms, as they stay home owing to the ongoing lockdowns amid the novel coronavirus pandemic
By Ian Randall For Mailonline
April 2, 2020
Mail Online
According to UK fraud and cyber-crime reporting centre Action Fraud, the number of coronavirus-related frauds have increased by 400 per cent in March.
Alexis Akwagyiram
April 2, 2020
U.S.
Governments across Africa are teaming up with technology giants including Facebook and WhatsApp to fight misinformation about coronavirus on social media platforms that could propel the pandemic on a continent with shaky healthcare systems.
IANS
April 2, 2020
@bsindia
Another media report claimed that Zoom doesnt use end-to-end encryption to protect calling data of its users
By Michael Thomsen For Dailymail.com
April 2, 2020
Mail Online
The San Rafael waterfall in Ecuador has run dry. Local officials have traced the cause to a large sinkhole that opened beneath the river that once fed the falls, caused by ground erosion.
By James Pero For Dailymail.com
April 1, 2020
Mail Online
According to a report from ZDNet , the tech giant confirmed that both internal and external events scheduled throughout the rest of the year will be going digital-only.
Rob Thubron
April 1, 2020
TechSpot
Back in 2017, Facebook updated its Safety Check feature with Community Help, which lets people find and give help such as food, shelter, and transportation after a man-made or natural disaster such as terrorist attacks or hurricanes.
Josh Constine
March 31, 2020
TechCrunch
If you can't stop them, power them. That's the strategy behind Snapchat App Stories, which launches today to let users show off their ephemeral content in other apps too. The first partners will let you post Stories to your dating profile in Hily, share them alongside [music] videos in Triller, watch them while screensharing in [...]
By Ryan Morrison For Mailonline
April 1, 2020
Mail Online
Brooklyn based Air Co was a finalist for the Carbon XPrize, designed to create a profitable way to capture and reuse greenhouse gases.
IANS
April 1, 2020
The Hindu
Community Help feature can be accessed in the COVID-19 Information Centre on Facebook
Sam Wong, Adam Vaughan, Conrad Quilty-Harper and Layal Liverpool
March 31, 2020
New Scientist
The latest coronavirus news updated every day including coronavirus cases, the latest news, features and interviews from New Scientist and essential information about the covid-19 pandemic
By Michael Thomsen For Dailymail.com
March 31, 2020
Mail Online
Archeologists in Mexico have recovered four centuries of artifacts showing how Spanish occupiers enlisted indigenous metal workers to help them produce ammunition for their guns.
Devesh Arora
March 31, 2020
news.google.com
Video conferencing tool Zoom Cloud Meetings topped download charts globally throughout February and March.
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References