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Facebook's face recognition algorithm reaches near-human accuracy in identifying faces. [425] [426] 2014: March 25: Acquisition: Facebook announces that it is acquiring Oculus VR, Inc., a leading virtual reality company. [427] [428] The amount is reported to be $2 billion in cash and stock. [429] [430] [431] 2014: March 27: Accessibility
The format of individual user pages was revamped in September 2011 and became known as "Timeline", a chronological feed of a user's stories, [45] [46] including status updates, photos, interactions with apps and events. [47] The layout let users add a "cover photo". [47] Users were given more privacy settings. [47]
In September 2011, Facebook introduced "Timeline" at its developer conference, intended to revamp users' profiles in order to show content based on year, month and date. "Cover" photos were introduced, taking up a significant portion of the top of pages, and a redesigned display of personal information such as friends, likes and photos appeared ...
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 ...
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]
Decade Description 1970s–1980s The PLATO system (developed at the University of Illinois and subsequently commercially marketed by Control Data Corporation) offers early forms of social media with Notes, PLATO's message-forum application; TERM-talk, its instant-messaging feature; Talkomatic, perhaps the first online chat room; News Report, a crowd-sourced online newspaper, and blog; and ...
On May 6, 2020, Facebook announced the 20 members that would make up the Oversight Board. [22] Facebook's VP of Global Affairs and Communications Nick Clegg described the group as having a "wide range of views and experiences" and who collectively lived in "over 27 countries", speaking "at least 29 languages, [23] but a quarter of the group and two of the four co-chairs are from the United ...
Eduardo Luiz Saverin (/ ˈ s æ v ər ɪ n / SAV-ər-in, Brazilian Portuguese: [eduˈaʁdu luˈis saveˈɾĩ] ⓘ; born March 19, 1982) [4] is a Brazilian billionaire entrepreneur and angel investor, known for having co-founded Facebook. [5] In 2012, he owned about 2% of Facebook shares, [6] valued at approximately $2 billion at the time.