Facebook was launched on February 4, 2004, by Mark Zuckerberg and three friends from a Harvard dormitory room. 1)
Facebook began as “thefacebook.com,” an online network aimed at connecting students at Harvard University. 2)
The new company received its first major outside investment of $500,000 from PayPal co-founder Peter Thiel and officially became Facebook in 2005. 3)
Microsoft took a $240 million stake in Facebook in 2007, when the platform had 50 million users. 4)
In 2008, Facebook overtook MySpace to become the world's most popular social networking website. 5)
David Fincher's film “The Social Network,” about Facebook's origins, was released in 2010 and won Oscars for best adapted screenplay, original score, and film editing. 6)
Time magazine named Mark Zuckerberg as its 2010 Person of the Year for “transforming the way we live our lives every day.” 7)
Facebook acquired photograph-sharing app Instagram for $1 billion in 2012. 8)
Facebook bought messaging platform WhatsApp for $19 billion in 2014. 9)
In October 2012, Facebook's membership topped one billion users. 10)
Facebook's initial public offering raised $16 billion and valued the company at $104 billion in 2012. 11)
In 2018, it emerged that British consulting firm Cambridge Analytica had stealthily harvested the personal data of millions of Facebook users for political purposes. 12)
The FTC fined Facebook $5 billion in the wake of the Cambridge Analytica scandal, the largest fine in FTC history at the time. 13)
In March 2019, the Department of Housing and Urban Development charged Facebook with violating the Fair Housing Act, claiming the platform allowed advertisers to discriminate based on demographics. 14)
On July 26, 2018, Facebook shares plunged 19%, vaporizing about $119 billion in market value—the biggest single-day loss for any public company in history at that time. 15)
In 2021, Facebook changed its parent company name to Meta, a Greek word meaning “beyond,” to reflect its focus on the metaverse. 16)
In July 2023, Meta launched Threads, a text-based app intended to rival X (formerly Twitter). 17)
In late October 2023, Meta started offering paid ad-free subscriptions in Europe for users unwilling to have their personal data harvested. 18)
In 2007, Zuckerberg apologized for a feature called Beacon that alerted the whole community when a user made purchases online. 19)
By early 2024, Facebook reported roughly 1.96 billion active users, remaining the world's most used social network. 20)
Facebook introduced Timeline in September 2011, allowing users to replace their existing profile with an audio-visual timeline of their life. 21)
Facebook introduced News Feed and Mini-Feed in September 2006, allowing users to see what their friends were doing on the network. 22)
The “Like” social plug-in was added to Facebook in February 2009, allowing users to give positive feedback about online content. 23)
Facebook Platform launched in May 2007, enabling third-party developers to build applications and integrate with Facebook. 24)
Facebook Connect started in May 2008, allowing users to “connect” their Facebook identity to any site and marking the beginning of the “log in with Facebook” world. 25)
In August 2005, the network's web address changed from thefacebook.com to simply facebook.com. 26)
In September 2006, Facebook registration was opened up so anyone over 13 could join, ending the days of requiring student status. 27)
In March 2008, the word “Facebook” entered the Collins English Dictionary as both a noun and a verb. 28)
In 2003, Zuckerberg created Facemash at Harvard, a website that paired photos of students and had users vote on who was more attractive. 29)
In September 2004, Facebook introduced the Wall, which allowed people to write personal musings and other tidbits on profile pages. 30)
In September 2004, Facebook became the target of a lawsuit claiming that Zuckerberg stole the idea for the social network from twins Cameron and Tyler Winklevoss and a third person at Harvard. 31)
In March 2008, Facebook hired Sheryl Sandberg as chief operating officer, snatching the high-profile executive from Google. 32)
Facebook introduced Chat in April 2008. 33)
Facebook launched its location feature in August 2010, allowing people to share where they are with their friends. 34)
The original Facebook logo was created in 2005 by Joe Kral and Cuban Council using a typeface called Klavika from Process Type Foundry. 35)
Facebook updated its logo in June 2015 for the first time in ten years, making the typeface rounder and slimmer for better readability on small screens. 36)
Facebook creative director Josh Higgins said the 2015 logo update was meant to “modernize” the logo and “make it feel more friendly and approachable.” 37)
Facebook decided the 2015 update only needed an adjustment rather than a full redesign, working with Eric Olsen who created the original Klavika typeface. 38)
The 2015 Facebook logo change was the first modification to the wordmark since its creation in 2005. 39)
In November 2019, Facebook introduced a new company logo to distinguish the Facebook company from the Facebook app, which kept its own branding. 40)
The 2019 company rebrand was designed to better communicate Facebook's ownership structure to the people and businesses using its services. 41)
Facebook's main services in 2019 included the Facebook app, Messenger, Instagram, WhatsApp, Oculus, Workplace, Portal, and Calibra. 42)
Microsoft's $240 million equity stake in Facebook in 2007 suggested the network was worth about $15 billion. 43)
In January 2011, Goldman Sachs invested $450 million in Facebook, suggesting investors thought the social network was worth around $50 billion. 44)
In January 2012, Facebook overtook Google's Orkut as Brazil's most visited social network. 45)