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— facebook [2026/10/13 01:26] (current)
eziothekilla34 created
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 +====== Facebook ======
  
 +===== Facebook's Founding Date =====
 +Facebook was launched on February 4, 2004, by Mark Zuckerberg and three friends from a Harvard dormitory room. [([[https://www.bssnews.net/news/171125/print#1|BSS/AFP]])]
 +
 +===== Original Purpose =====
 +Facebook began as "thefacebook.com," an online network aimed at connecting students at Harvard University. [([[https://www.bssnews.net/news/171125/print#1|BSS/AFP]])]
 +
 +===== 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. [([[https://www.bssnews.net/news/171125/print#1|BSS/AFP]])]
 +
 +===== Microsoft's Stake =====
 +Microsoft took a $240 million stake in Facebook in 2007, when the platform had 50 million users. [([[https://www.bssnews.net/news/171125/print#1|BSS/AFP]])]
 +
 +===== Overtaking MySpace =====
 +In 2008, Facebook overtook MySpace to become the world's most popular social networking website. [([[https://www.bssnews.net/news/171125/print#1|BSS/AFP]])]
 +
 +===== 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. [([[https://www.bssnews.net/news/171125/print#1|BSS/AFP]])]
 +
 +===== 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." [([[https://www.bssnews.net/news/171125/print#1|BSS/AFP]])]
 +
 +===== Instagram Acquisition =====
 +Facebook acquired photograph-sharing app Instagram for $1 billion in 2012. [([[https://www.bssnews.net/news/171125/print#1|BSS/AFP]])]
 +
 +===== WhatsApp Acquisition =====
 +Facebook bought messaging platform WhatsApp for $19 billion in 2014. [([[https://www.bssnews.net/news/171125/print#1|BSS/AFP]])]
 +
 +===== One Billion Users =====
 +In October 2012, Facebook's membership topped one billion users. [([[https://www.bssnews.net/news/171125/print#1|BSS/AFP]])]
 +
 +===== IPO Valuation =====
 +Facebook's initial public offering raised $16 billion and valued the company at $104 billion in 2012. [([[https://www.bssnews.net/news/171125/print#1|BSS/AFP]])]
 +
 +===== 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. [([[https://www.bssnews.net/news/171125/print#1|BSS/AFP]])]
 +
 +===== 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. [([[https://www.cnn.com/2014/02/11/world/facebook-fast-facts/index.html#1|CNN]])]
 +
 +===== 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. [([[https://www.cnn.com/2014/02/11/world/facebook-fast-facts/index.html#1|CNN]])]
 +
 +===== 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. [([[https://www.cnn.com/2014/02/11/world/facebook-fast-facts/index.html#1|CNN]])]
 +
 +===== 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. [([[https://www.bssnews.net/news/171125/print#1|BSS/AFP]])]
 +
 +===== Threads Launch =====
 +In July 2023, Meta launched Threads, a text-based app intended to rival X (formerly Twitter). [([[https://www.bssnews.net/news/171125/print#1|BSS/AFP]])]
 +
 +===== Paid Ad-Free Subscription =====
 +In late October 2023, Meta started offering paid ad-free subscriptions in Europe for users unwilling to have their personal data harvested. [([[https://www.bssnews.net/news/171125/print#1|BSS/AFP]])]
 +
 +===== 2007 Beacon Apology =====
 +In 2007, Zuckerberg apologized for a feature called Beacon that alerted the whole community when a user made purchases online. [([[https://www.bssnews.net/news/171125/print#1|BSS/AFP]])]
 +
 +===== Facebook's Daily Active Users =====
 +By early 2024, Facebook reported roughly 1.96 billion active users, remaining the world's most used social network. [([[https://www.bssnews.net/news/171125/print#1|BSS/AFP]])]
 +
 +===== Timeline Feature Launch =====
 +Facebook introduced Timeline in September 2011, allowing users to replace their existing profile with an audio-visual timeline of their life. [([[https://wwwnews.live.bbc.co.uk/news/technology-16832799?print=true#1|BBC News]])]
 +
 +===== 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. [([[https://wwwnews.live.bbc.co.uk/news/technology-16832799?print=true#1|BBC News]])]
 +
 +===== Like Button Launch =====
 +The "Like" social plug-in was added to Facebook in February 2009, allowing users to give positive feedback about online content. [([[https://wwwnews.live.bbc.co.uk/news/technology-16832799?print=true#1|BBC News]])]
 +
 +===== Facebook Platform Launch =====
 +Facebook Platform launched in May 2007, enabling third-party developers to build applications and integrate with Facebook. [([[https://wwwnews.live.bbc.co.uk/news/technology-16832799?print=true#1|BBC News]])]
 +
 +===== 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. [([[https://wwwnews.live.bbc.co.uk/news/technology-16832799?print=true#1|BBC News]])]
 +
 +===== Domain Change =====
 +In August 2005, the network's web address changed from thefacebook.com to simply facebook.com. [([[https://wwwnews.live.bbc.co.uk/news/technology-16832799?print=true#1|BBC News]])]
 +
 +===== Public Registration Opening =====
 +In September 2006, Facebook registration was opened up so anyone over 13 could join, ending the days of requiring student status. [([[https://wwwnews.live.bbc.co.uk/news/technology-16832799?print=true#1|BBC News]])]
 +
 +===== Facebook in the Dictionary =====
 +In March 2008, the word "Facebook" entered the Collins English Dictionary as both a noun and a verb. [([[https://wwwnews.live.bbc.co.uk/news/technology-16832799?print=true#1|BBC News]])]
 +
 +===== 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. [([[https://apnews.com/timeline-key-dates-in-facebooks-10-year-history-ac9ec5689b5b43509b925756e8549a43#1|AP News]])]
 +
 +===== The Wall Introduction =====
 +In September 2004, Facebook introduced the Wall, which allowed people to write personal musings and other tidbits on profile pages. [([[https://apnews.com/timeline-key-dates-in-facebooks-10-year-history-ac9ec5689b5b43509b925756e8549a43#1|AP News]])]
 +
 +===== 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. [([[https://apnews.com/timeline-key-dates-in-facebooks-10-year-history-ac9ec5689b5b43509b925756e8549a43#1|AP News]])]
 +
 +===== Sheryl Sandberg Hire =====
 +In March 2008, Facebook hired Sheryl Sandberg as chief operating officer, snatching the high-profile executive from Google. [([[https://apnews.com/timeline-key-dates-in-facebooks-10-year-history-ac9ec5689b5b43509b925756e8549a43#1|AP News]])]
 +
 +===== Facebook Chat Launch =====
 +Facebook introduced Chat in April 2008. [([[https://apnews.com/timeline-key-dates-in-facebooks-10-year-history-ac9ec5689b5b43509b925756e8549a43#1|AP News]])]
 +
 +===== Location Feature Launch =====
 +Facebook launched its location feature in August 2010, allowing people to share where they are with their friends. [([[https://apnews.com/timeline-key-dates-in-facebooks-10-year-history-ac9ec5689b5b43509b925756e8549a43#1|AP News]])]
 +
 +===== 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. [([[https://www.wired.com/2015/07/facebooks-vanilla-new-logo-business-not-design/#1|WIRED]])]
 +
 +===== 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. [([[https://www.wired.com/2015/07/facebooks-vanilla-new-logo-business-not-design/#1|WIRED]])]
 +
 +===== 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." [([[https://www.wired.com/2015/07/facebooks-vanilla-new-logo-business-not-design/#1|WIRED]])]
 +
 +===== 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. [([[https://www.sfgate.com/news/article/Facebook-Barely-Updates-Its-Logo-for-the-First-6360576.php#1|SFGATE]])]
 +
 +===== Logo Change Purpose =====
 +The 2015 Facebook logo change was the first modification to the wordmark since its creation in 2005. [([[https://www.foxnews.com/us/facebook-barely-updates-its-logo-for-the-first-time-in-10-years.print#1|Fox News]])]
 +
 +===== 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. [([[https://about.fb.com/news/2019/11/introducing-our-new-company-brand/#1|Meta]])]
 +
 +===== 2019 Brand Purpose =====
 +The 2019 company rebrand was designed to better communicate Facebook's ownership structure to the people and businesses using its services. [([[https://about.fb.com/news/2019/11/introducing-our-new-company-brand/#1|Meta]])]
 +
 +===== Facebook's Products List =====
 +Facebook's main services in 2019 included the Facebook app, Messenger, Instagram, WhatsApp, Oculus, Workplace, Portal, and Calibra. [([[https://about.fb.com/news/2019/11/introducing-our-new-company-brand/#1|Meta]])]
 +
 +===== Microsoft's $15 Billion Valuation =====
 +Microsoft's $240 million equity stake in Facebook in 2007 suggested the network was worth about $15 billion. [([[https://wwwnews.live.bbc.co.uk/news/technology-16832799?print=true#1|BBC News]])]
 +
 +===== Goldman Sachs Investment =====
 +In January 2011, Goldman Sachs invested $450 million in Facebook, suggesting investors thought the social network was worth around $50 billion. [([[https://wwwnews.live.bbc.co.uk/news/technology-16832799?print=true#1|BBC News]])]
 +
 +===== Facebook Overtakes Orkut =====
 +In January 2012, Facebook overtook Google's Orkut as Brazil's most visited social network. [([[https://wwwnews.live.bbc.co.uk/news/technology-16832799?print=true#1|BBC News]])]
facebook.txt · Last modified: 2026/10/13 01:26 by eziothekilla34