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As of 31 December 2010, there were 647.6 million active Tencent QQ IM user accounts, [1] making Tencent QQ the world's largest online community at the time. The number of QQ accounts connected simultaneously has, at times, exceeded 100 million. [150] While the IM service itself is free, a fee was being charged for mobile messaging as of 2006. [151]
Facebook was the largest spender of lobbying money among the Big Tech companies in 2020. [131] The lobbying team includes top congressional aide John Branscome, who was hired in September 2021, to help the company fend off threats from Democratic lawmakers and the Biden administration.
Microsoft announced that it had purchased a 1.6% share of Facebook for $240 million ($353 million in 2023 dollars [29]), giving Facebook an implied value of around $15 billion ($22 billion in 2023 dollars [29]). Facebook focused on generating revenue through targeted advertising based on user data, a model that drove its rapid financial growth.
Meta previously hit a $1 trillion market cap back in 2021, when it was still known as Facebook. Meta generated nearly $135 billion in total revenue in 2023 and its stock share price jumped nearly ...
Shakira is the most-followed female individual user on Facebook with 123 million followers. This article contains a list of the top 50 accounts with the largest number of followers on the social media platform Facebook. [1] [2] As of March 2024, the most-followed page is
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]
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After live videos having skyrocketed on Facebook in the last months, the social network launches Facebook Creator, an app for mobile video posts offering influencers Live Creative Kit for adding intros and outros to broadcasts, a unified inbox of Facebook and Instagram comments plus Messenger chats, cross-posting to Twitter and expansive analytics.