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Meta Platforms (formerly Facebook, Inc.) is a technology company that has acquired 91 other companies, including WhatsApp. The WhatsApp acquisition closed at a steep $16 billion; more than $40 per user of the platform.
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Acquisition: Facebook acquires Malaysian contact-importing startup Octazen Solutions. [338] 2010: April 2: Acquisition: Facebook announces the acquisition of photo-sharing service called Divvy-shot for an undisclosed amount. [339] 2010: April 19: Product: Facebook introduces Community Pages, which are Pages that are populated with articles from ...
Facebook just bought link-sharing service Branch for $15 million, which is a surprise to absolutely no one given the company's propensity for acquiring start-ups. Especially start-ups that offer ...
Numerous lawsuits have been filed against the company, both when it was known as Facebook, Inc., and as Meta Platforms. In March 2020, the Office of the Australian Information Commissioner (OAIC) sued Facebook, for significant and persistent infringements of the rule on privacy involving the Cambridge Analytica fiasco. Every violation of the ...
Meta, Facebook’s parent company, and 184 of its content moderators who were based in Kenya agreed Wednesday on a mediation attempt to settle out of court. Last year, the moderators — from ...
Instagram raises US$50 million from venture capitalists for a share of the company; the process values Instagram at US$500 million. [11] [16] 2012: April 9: Acquisitions: Facebook acquires Instagram for approximately US$1 billion in cash and stock. [17] [18] 2012: April 30: Growth: Instagram hits 50 million monthly active users. [12] 2012: June ...
Meta has been hit by almost one billion euro in fines by the Data Protection Commission in the past 18 months over EU data breaches.