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Facebook marks the ten-year anniversary of its launch (February 4, 2004), and Mark Zuckerberg writes a public post about why he is proud of Facebook so far. [ 399 ] [ 400 ] [ 401 ] The Pew Research Center releases a report about increasing Facebook usage by adults to mark the occasion. [ 402 ]
For years, Facebook and Zuckerberg resisted both buyouts and taking the company public. The main reason that the company decided to go public is because it crossed the threshold of 500 shareholders, according to Reuters financial blogger Felix Salmon. [2] Facebook reportedly turned down a $750 million offer from Viacom in 2006. [3]
Facebook's data policy outlines its policies for collecting, storing, and sharing user's data. [121] Facebook enables users to control access to individual posts and their profile [122] through privacy settings. [123] The user's name and profile picture (if applicable) are public.
Mark Zuckerberg launched Facebook in 2004 and took the company public in 2012. In November 2021, Facebook changed its name to Meta Platforms, Inc. The company owns Instagram, its flagship Facebook ...
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Facebook goes public, negotiating a share price of $38 apiece, valuing the company at $104 billion, the largest valuation to date for a newly listed public company. [60] 2012 Launch Snapchat launches video sharing, allowing users to share 10-second videos. [61] 2012 Launch Tinder, a dating-oriented social networking service, launches. [62] 2012
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In 2020, Facebook, Inc. spent $19.7 million on lobbying, hiring 79 lobbyists. In 2019, it had spent $16.7 million on lobbying and had a team of 71 lobbyists, up from $12.6 million and 51 lobbyists in 2018. [130] Facebook was the largest spender of lobbying money among the Big Tech companies in 2020. [131]