User Tools

Site Tools


facebook

Facebook

Facebook's Founding Date

Facebook was launched on February 4, 2004, by Mark Zuckerberg and three friends from a Harvard dormitory room. 1)

Original Purpose

Facebook began as “thefacebook.com,” an online network aimed at connecting students at Harvard University. 2)

First Major Investment

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's Stake

Microsoft took a $240 million stake in Facebook in 2007, when the platform had 50 million users. 4)

Overtaking MySpace

In 2008, Facebook overtook MySpace to become the world's most popular social networking website. 5)

The Social Network Film

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 Person of the Year

Time magazine named Mark Zuckerberg as its 2010 Person of the Year for “transforming the way we live our lives every day.” 7)

Instagram Acquisition

Facebook acquired photograph-sharing app Instagram for $1 billion in 2012. 8)

WhatsApp Acquisition

Facebook bought messaging platform WhatsApp for $19 billion in 2014. 9)

One Billion Users

In October 2012, Facebook's membership topped one billion users. 10)

IPO Valuation

Facebook's initial public offering raised $16 billion and valued the company at $104 billion in 2012. 11)

Cambridge Analytica Scandal

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)

FTC Fine

The FTC fined Facebook $5 billion in the wake of the Cambridge Analytica scandal, the largest fine in FTC history at the time. 13)

HUD Fair Housing Charge

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)

Largest Single-Day Loss

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)

Rebrand to Meta

In 2021, Facebook changed its parent company name to Meta, a Greek word meaning “beyond,” to reflect its focus on the metaverse. 16)

Threads Launch

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)

2007 Beacon Apology

In 2007, Zuckerberg apologized for a feature called Beacon that alerted the whole community when a user made purchases online. 19)

Facebook's Daily Active Users

By early 2024, Facebook reported roughly 1.96 billion active users, remaining the world's most used social network. 20)

Timeline Feature Launch

Facebook introduced Timeline in September 2011, allowing users to replace their existing profile with an audio-visual timeline of their life. 21)

News Feed Introduction

Facebook introduced News Feed and Mini-Feed in September 2006, allowing users to see what their friends were doing on the network. 22)

Like Button Launch

The “Like” social plug-in was added to Facebook in February 2009, allowing users to give positive feedback about online content. 23)

Facebook Platform Launch

Facebook Platform launched in May 2007, enabling third-party developers to build applications and integrate with Facebook. 24)

Facebook Connect Launch

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)

Domain Change

In August 2005, the network's web address changed from thefacebook.com to simply facebook.com. 26)

Public Registration Opening

In September 2006, Facebook registration was opened up so anyone over 13 could join, ending the days of requiring student status. 27)

Facebook in the Dictionary

In March 2008, the word “Facebook” entered the Collins English Dictionary as both a noun and a verb. 28)

Facemash Precursor

In 2003, Zuckerberg created Facemash at Harvard, a website that paired photos of students and had users vote on who was more attractive. 29)

The Wall Introduction

In September 2004, Facebook introduced the Wall, which allowed people to write personal musings and other tidbits on profile pages. 30)

Winklevoss Lawsuit

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)

Sheryl Sandberg Hire

In March 2008, Facebook hired Sheryl Sandberg as chief operating officer, snatching the high-profile executive from Google. 32)

Facebook Chat Launch

Facebook introduced Chat in April 2008. 33)

Location Feature Launch

Facebook launched its location feature in August 2010, allowing people to share where they are with their friends. 34)

Facebook Logo Created

The original Facebook logo was created in 2005 by Joe Kral and Cuban Council using a typeface called Klavika from Process Type Foundry. 35)

2015 Logo Update

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)

Logo Designer's Statement

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)

Logo Redesign Not Full Redesign

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)

Logo Change Purpose

The 2015 Facebook logo change was the first modification to the wordmark since its creation in 2005. 39)

New Company Brand 2019

In November 2019, Facebook introduced a new company logo to distinguish the Facebook company from the Facebook app, which kept its own branding. 40)

2019 Brand Purpose

The 2019 company rebrand was designed to better communicate Facebook's ownership structure to the people and businesses using its services. 41)

Facebook's Products List

Facebook's main services in 2019 included the Facebook app, Messenger, Instagram, WhatsApp, Oculus, Workplace, Portal, and Calibra. 42)

Microsoft's $15 Billion Valuation

Microsoft's $240 million equity stake in Facebook in 2007 suggested the network was worth about $15 billion. 43)

Goldman Sachs Investment

In January 2011, Goldman Sachs invested $450 million in Facebook, suggesting investors thought the social network was worth around $50 billion. 44)

Facebook Overtakes Orkut

In January 2012, Facebook overtook Google's Orkut as Brazil's most visited social network. 45)

facebook.txt · Last modified: 2026/10/13 01:26 by eziothekilla34