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Facebook Photos [12] 7 Friendster patents USA, Mountain View, California / Malaysia, Kuala Lumpur: May 13, 2010 40,000,000 — — — [13] 8 ShareGrove USA, San Mateo, California: May 26, 2010 — Kent Libbey, Adam Wolff Elm Street Ventures Facebook Groups [14] 9 Zenbe USA, New York, NY, New York: July 6, 2010 — Tom Alison, Will Bailey ...
Facebook ranked No. 34 in the 2020 Fortune 500 list of the largest United States corporations by revenue, with almost $86 billion in revenue [174] most of it coming from advertising. [ 175 ] [ 176 ] One analysis of 2017 data determined that the company earned US$20.21 per user from advertising.
On September 28, 2018, Facebook experienced a major breach in its security, exposing the data of 50 million users. The data breach started in July 2017 and was discovered on September 16. [237] Facebook notified users affected by the exploit and logged them out of their accounts. [238] [239]
Shareholders’ equity, one of the last lines on a balance sheet, reveals a company’s net worth after assets and liabilities are taken into account. Facebook’s net worth as of Q4 2021 is $124. ...
Facebook launches Facebook Credits in order to help users purchase Facebook gifts. [333] 2009: February 9: Product: Facebook activates the Facebook like button. [334] 2009: August: Acquisition: Facebook acquires FriendFeed. [279] 2009: September: Financial/legal: Facebook claims that it has turned cash flow positive for the first time. [335 ...
The following is a list of publicly traded companies having the greatest market capitalization, sometimes described as their "market value": [1] Market capitalization is calculated by multiplying the share price on a selected day and the number of outstanding shares on that day.
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]
Mark Elliot Zuckerberg (/ ˈ z ʌ k ər b ɜːr ɡ /; born May 14, 1984) is an American businessman who co-founded the social media service Facebook and its parent company Meta Platforms, of which he is the chairman, chief executive officer, and controlling shareholder. Zuckerberg has been the subject of multiple lawsuits regarding the creation ...