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Facebook customer Global Science Research sold information on over 87 million Facebook users to Cambridge Analytica, a political data analysis firm led by Alexander Nix. [217] While approximately 270,000 people used the app, Facebook's API permitted data collection from their friends without their knowledge. [218]
Meta Platforms CEO Mark Zuckerberg announced the social media company plans to spend as much as $65 billion this year alone to build on its artificial intelligence efforts.
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. [129] Facebook was the largest spender of lobbying money among the Big Tech companies in 2020. [130]
Facebook login page changes due to Facebook Timeline addition. 2012: January 10: Product (news feed) Facebook starts showing advertisements (called Featured Posts) in the news feed. The advertisements are generally for pages that one's Facebook friends have engaged with. [353] [354] 2012: April: Acquisition: Facebook acquires Instagram for $1 ...
In a Facebook post, Zuckerberg said the company will significantly ramp up its capital expenditures, saying Meta will pour $60 billion to $65 billion into its expansion plans. That's an enormous ...
Jennifer Lopez and Ben Affleck have officially put their mansion on the market. The couple listed their Beverly Hills home for $68 million on Thursday, July 11. The 38,000-square-foot house has 12 ...
Facebook Blockchain [94] 78 GrokStyle USA, San Francisco, California: February 8, 2019 undisclosed Kavita Bala, Sean Bell — — [95] 79 Servicefriend Israel, Tel Aviv: September 2019: undisclosed Ido Arad, Shahar Ben Ami — Novi [96] 80 CTRL-labs USA, New York City, New York: September 2019: undisclosed, but reportedly between $500 million ...
Mark Zuckerberg was one of seven Facebook-related billionaires on the list, as he added $9.5 billion to his net worth to move up to 52nd. Facebook co-founder Dustin Moskovitz was the youngest person on the list. Aged 26, eight days younger than Zuckerberg, he debuted at number 420 with an estimated fortune of $2.7 billion.